McG

Gold market cap in USD ≈ $25 trillion. At a 2% annual gold inflation rate, roughly $500B USD is needed each year just to maintain the current USD price. Meanwhile, the marginal cost to produce an ounce of gold is falling — and robotics + AI are set to accelerate gold supply growth.

Took me three years to get back to my previous all time bitcoin stack. Sold my rental property Sold my primary home Cancelled cybertruck order Bought a country communal living home joining my family with my parents. Monthly cash flow increased. Proof of Work 💪🏻

Just paid a designer over LN from Canada to India. His mind is 🤯 and just said to me he feels like he can just do things now.

Come for NGU stay for UoA

This is one to share with friends and family. Thx for the framework nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr9mhxue69uhhq7tjv9kkjepwve5kzar2v9nzucm0d5q3uamnwvaz7tmwdaehgu3dwfjkccte9ejx2un9ddex7umn9ekk2nn77au https://youtu.be/JKL_8fEYEQ0

If I was the US and new the current USD hegemony can't last forever I would demonetize gold and buy up as much Bitcoin as possible. If I were BRICS+ nation's I would want to signal a move to gold to force the US to adopt Bitcoin. Once a move is made to Bitcoin it would allow BRICS+ to compete in the worlds first global free market with a fair set of rules. They are energy rich net producing nations that probably feel they can outcompete the US and have the Bitcoin distribute to them over time.

Great rip with nostr:nprofile1qy0hwumn8ghj7cnfw33k76twd4shs6tdv9kxjum5wvhx7mnvd9hx2qg4waehxw309ajkgetw9ehx7um5wghxcctwvsqzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq76kl2yj & nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyw8wumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctvqqs9uvfevnpw7gn2v7nudzk86lfsyjgnd6h2j0je0rnc9c87g0nlfmc2ern6q Game theory around the world returning to a neutral reserve asset is so fascinating and seemingly simple, directionally. First principles -> an ounce of gold will fall to it's marginal cost of production. Gold doesn't have a difficulty adjustment and fixed supply. There is about 70X the supply of gold on the ocean floor... Not even talking about space. AI + Robotics will collapse the MC of gold towards zero over time. Almost nobody is talking about this. Tricks with gold in the short term is still shuffling chairs around on the Titanic. Bitcoin can be the only true neutral reserve asset and currency into the future because of it's properties and decentralization/security. https://www.youtube.com/watch?v=RCeWQHATWYU

If you know who this is I want to follow you

.02 something soon. Prices of everything fall against Bitcoin. Stocks, bonds, real estate and especially shit coins

⚡ increased monthly net surplus ⚡sold rental property, more btc ⚡put bitcoin on company balance sheet ⚡patiently help orange pill ~half of close friends and family ⚡cancelled Cybertruck order ⚡sold house, moving into a multi gen large farm house and lowering monthly expenses further Am I doing this right?

It feels like the DeepSeek news today is the true gunshot to the global race to accumulate Bitcoin. Once nations understand tech is deflationary and directly at odds with their debt based money system it’s over. Meaning the better their AI gets the more it will collapse their system. AI will take jobs, lower GDP, shrink tax revenues and people won’t be able to pay their mortgages etc. What better example than Trump and his top AI company CEO’s announcing nearly 500B in investments towards AI and not a week later DeepSeek is released at a total cost of ~6M+-. Nations don’t have the option to not play in the AI, energy and compute race if they want to maintain relevance. If you buy bitcoin, all currencies around the world will be getting printed into oblivion to prop up prices preventing collapse. The monetary premium will increasingly flow into Bitcoin. As your debt based money system is collapsing or hyper-inflated, all productivity gains and innovation will be flowing to your Bitcoin holdings asymmetrically. ♾️/21 The countries who figure this out first will have a head start. Buying Bitcoin is actually just the easy part in my opinion. The hard part is keeping it. China is well positioned to outcompete the US on a sound money standard with a strong manufacturing infrastructure and the ability to build nuclear power at 1/10 the cost the US can. Countries must be net producers and have surpluses to keep their Bitcoin otherwise it becomes distributive. The USA has hollowed out their manufacturing class with the Petro Dollar system/ Triffin dilemma and forced jobs over seas to places like China. It will take a long time to broadly onshore jobs and once they try different fields will be chaotically disrupted by innovation. The future is rapidly changing and uncertain but through the lens of a bitcoiner hopeful and abundant. Thank God for Bitcoin.

That natural state of a free market is deflation. Deflation from technology is incongruent with a debt based money system that REQUIRES inflation. Bitcoin is bound by energy, has no counter party risk and prices of everything has been falling in Bitcoin terms for over 15 years.

Owning Bitcoin is the best way to invest in AI.

Engineers should diversify steel bridges with some aluminum and copper.. just in case 🤡

Posting on Nostr and getting zero engagement is so much better than posting on X with no engagement 🤣

Joe is on point here. To add to gold supply increase of 2%/year.. What happens to the MC of producing an ounce of gold with AI + robotics over time? It collapses, skyrocketing the supply or inflation rate of gold. https://x.com/IIICapital/status/1883881419094819280

Hear me out. What if Craig Wright actually created Ripple?

How does bitcoin help people that don’t own it? A decentralized and secure protocol bound by energy imposing itself on people, companies and governments around the world. A fixed set of rules that can’t be cheated with a fixed supply of 21M bitcoin. It rewards you for participating and collapses your wealth measured in bitcoin for ignoring it. Costs an immeasurable amount to attack it. Tech is deflationary. Imagine the productivity from the free market benefiting everyone in society as prices fall even if they don’t own bitcoin? Imagine if governments were forced to compete for you to stay in their country, shrink and be as efficient as possible, decrease taxes the most, decrease war spending etc. the inability to print money because of the supply cap is tremendous. Irrational governments will have their wealth distributed to productive ones that other people vote for with their feet and money. When people are very careful about spending money and you can actually save your money because it goes up in value it focuses spending on our hierarchy of needs. Food, water, shelter, energy production and transmission, health care towards leisure, art, culture and larger problems etc.. The most productive people in society will rush in to create value in those fields until there are no profits left. Think there calculator app on your phone. Prices will collapse to their marginal cost of production. Bitcoin allows 8 billion people to participate in a global free market all competing to provide value. That value is passed on to all 8 billion people in the form of lower prices (measured in bitcoin) because Bitcoin is a global, permissionless free market. It’s basically a global platform and incentive structure for us to build humanity that aligns us to an abundant, inclusive, fair, free future.