BitcoindollarBook

Some key takes from nostr:nprofile1qyxhwumn8ghj7cnjvghxjme0qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcqyrtl8gkckam5xwfxugu46v2e3yhgg70gwx5qpeqp7prlkz9dzlejkvg2vts #whatbitcoindid podcast with impressive chartist Matthew Mezinskis: 1. The ratio of M0 to M3 is now almost 12x (3 trillion to 35 trillion). This excessive leverage is a sign of brewing troubles in the banking sector (hour 0:33) 2. The US Federal Reserve share of US debt (monetization) was 30% at the high of the Covid in 2022 and is now down to 16%, but also the share of foreign holders is down to only 23%. So who is going to buy US debt??? Currently the buyers are American investors/funds at about 60% (hour 0:41), and of course the growing strategic role of #stablecoin issuers. The only way forward is for the Fed to monetize this debt or for the US to implement the #bitcoindollar system. Either way it will be good for #bitcoin. https://www.youtube.com/watch?v=j-XPVOl9zGc&list=PLwld9PCvGoq1KkBEnbLwAEa7UqABEOHcD 3. At hours 0:49 Matthew Mezinskis gets into the power law theory evidenced by the constant/proportional doubling of bitcoin price every 12,7% increase in the days of life of the network. I have dedicated a whole chapter of my #bitcoindollar book to Giovanni Santostasi’s and Mezinskis’work “Bitcoin scales by Power Law” see excerpt below. For the skeptics it is worth watching Mezinskis explain the data in this podcast. 4. New at hours 1:09 the chart showing the trend of the “bitcoin dominance” and when bitcoin will overtake global base money. Currently #bitcoin represents only 5,6% of the global monetary base standing at US$ 44 trillion. Mezinskis work predicts that bitcoin will reach global dominance in 2038 at a market cap of US$ 109 trillion to equal the global base money. This implies a bitcoin price of over US$ 2 million.

Follow up continues on my latest post threads about war: 🧵 Is Civil War Coming to the West? A quick breakdown of why the unthinkable is becoming thinkable 👇 1. Social glue is dissolving. Trust is gone. Shared values are rare. Social capital — the stuff that holds society together — is collapsing. 2. Digital tribalism is real. Filter bubbles, identity politics, and algorithm-driven echo chambers have split society into hostile camps. Online war is spilling into real life. 3. Economic rot runs deep. Post-2008, the West papered over the cracks with debt + consumption. Now inflation, deindustrialization, and global de-dollarization are biting hard. Expectation gaps = revolutionary fuel. 4. From nations to fractured tribes. Western societies are no longer united. Competing identity groups are fighting over shrinking resources — and it’s getting violent. 5. No faith in leadership. People don’t trust the system. Leaders won’t (or can’t) address the crisis. Collapse feels less like a risk and more like a timeline. 6. What would a civil war even look like? Urban vs. rural. Ethnic lines. Infrastructure targeted. Systemic failure triggered. Chaos multiplied. 👉 The conditions that once made the West immune to civil war — wealth, stability, common identity — are gone or going fast. What’s rising in their place is... combustible. Don’t ignore the trendlines. They're not abstract anymore. ⚠️ I deal with that topic in my bitcoindollar book PART V in analyzing where the bitcoindollar system stands in Ray Dalio’s Big Cycles “Empires, Cycles and Bitcoin: Charting the next Monetary Era”. Can #bitcoin and the #bitcoindollar system avoid that?

Follow up on yesterday's post 🪖💰 “War is a racket.” — Gen. Smedley Butler, 1935 💣💰 ALL WARS ARE BANKERS' WARS. From endless debt to endless conflict — follow the money, not the flags. 🧠⛓️ The real power lies behind the curtain, where war = profit. Fix the money → fix the incentives. #Bitcoin 🟧 is the peaceful revolution. Enter the #Bitcoindollar — the first real shot at breaking the cycle. https://www.youtube.com/watch?v=5hfEBupAeo4

🪖💰 “War is a racket.” — Gen. Smedley Butler, 1935 That quote hits harder every decade. Why? Because nothing changed. The same corrupt incentives still fuel endless war & enrich the few. 🌍🔥 But what if we could change the system? Enter #Bitcoin 🟧 Enter the #Bitcoindollar — the first real shot at breaking the cycle. Fix the money → fix the incentives. This century has a name: “The Age of Money Printing & Forever Wars.” Let’s make it the last. ⚡ 📘 I dive deep into this in my book

Scary news for savers from the European prison. ING DIBA one of the largest EU Banks has informed its customers that starting May 15 the new STANDARD DAILY limit for all online payments/wire transfers is €ur 2.000. The limit can be raised but it will take at least 4 hours and not even a telephone call from the client can change that. They claim the bank is "following a trend that also other banks are following to protect the clients from scams and large impulsive purchases". NO KIDDING. GET OUT OF THE EU PRISON BEFORE IS TOO LATE. CBDC COMING SOON. Get #bitcoin #monero. #bitcoindollar

ING Diba one of the largest EU banks has sent notes to clients advising that starting May 15 the new standard limit for online payments/wire transfers is 2.000Eur. The limit can be raised but it will take at least 4 hours before it is enabled. This aims to "protect the clients from scams and from large impulsive purchases". NO Kidding. They have no shame whatsoever. GET OUT OF THE EURO PRISON UNTIL YOU CAN. #bitcoin #bitcoindollar

nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqqg9rg869l7t43ats5gdsqrqh6njn5wjf0jpe0unvpekkredvllr6nqwfmhjz says: “Bitcoin succeeds on a simple premise: a bunch of smart people would like to keep their money’s [worth]. Who’s buying? The smart money.” 🧠💰 This is the critical driver of top-down adoption—the core of the #Bitcoindollar system I write about. 📖🔥 Some Bitcoiners criticize Saylor and fear #Bitcoin is being hijacked. They’ve got it upside down. 🙃 Top-down adoption as a Store of Value (SoV) is the fastest and safest path to mass adoption. 🚀 Medium of Exchange (MoE) comes next—if we do our part: ✅ Keep it decentralized ✅ Run our own nodes 🧱 ✅ Hold our own keys 🔑 Let smart money do their job. They pump it to the moon 🌕—we keep it sovereign. 🛡️🟧 https://www.youtube.com/watch?v=3-vBBYEXv6M

On the issue of US Treasuries with a #bitcoin kicker some asked: “Why not a gold kicker on US Treasuries? We’ve got plenty! 🪙” Sure—now try distributing physical gold yield to investors. 🤷‍♂️ If it's not physical, it's just another IOU. Back to trusting a counterparty. Only Bitcoin solves this. A native digital asset. 💻 Mathematically scarce. 📉 Peer-to-peer, scriptable, decentralized. 🔐⚙️ The Treasury can send yield directly to investor wallets. 📲💸 Not only. There is BIG Bonus? 🎯 Other nations copy the move → BTC demand surges 🚀 → US Bitcoin holdings moon 🌕 → Dollar stablecoins gain global flow 🌍💵 → More demand for US debt 📈 Gold can’t do that. Ever. ❌ This is the #bitcoindollar system. ORDER NOW on Amazon. #stablecoin https://www.amazon.com/dp/B0F24TPNGP

For Dmitry Trenin - a member of Russia's Foreign and Defence Policy Council and close to President Putin - Trump’s foreign policy is "calculated, not chaotic. His counterrevolution is aimed at reversing liberal-globalist distortions, reinforcing sovereignty, and returning realism to international affairs. His goal is not to divide Moscow and Beijing outright, but to lay the groundwork for a new global balance of power in which Russia has options beyond the Chinese orbit and reduce Moscow’s dependence on Beijing." This is exactly what I proposed in my #bitcoindollar book the US should do, see excerpt below. #bitcoin #russia #geopolitics https://www.rt.com/news/616578-trumps-foreign-policy-calculated/

Can hard and soft money coexist, OR will one destroy the other? A thoughtful debate https://primal.net/bitcoindollar/The-Bitcoindollar-Debate-Can-Hard-and-Soft-Money-Coexist-scaedc #bitcoin #bitcoindollar

GM TEST

#nostr I am not able to post. Anyone help? The mobile app works but when I use the laptop nothing happens when I click the POST button. Frozen. Tried logout and login again and restart PC. Nothing. Using Firefox browser and Linux OP. Any ideas??

EU suicidal energy policies are beginning to bear fruits: "Over-Reliance On Renewables Behind Catastrophic Blackouts in Spain and Portugal. Excess solar resulted in too little “inertia,” making the whole system vulnerable". I am not qualified to express an opinion on that issue but it seems very similar to what has happened in the USA last year which was solved with #bitcoin mining used for stabilizing the grid. https://www.public.news/p/over-reliance-on-renewables-behind

Some have asked me how the Bitcoindollar System would work, so I have summarized below the key takeaways from Chap. 22 of my book. • Stablecoin issuers convert fiat reserves into T-Bills, increasing U.S. debt demand 📈. • T-Bill yields are reinvested into Bitcoin, creating a positive feedback loop ♻️. • Dollarized stablecoins spread globally as local currencies collapse 🌍💵. • Bitcoin absorbs inflation as an inelastic monetary asset 🧲. • U.S. sustains deficit spending while keeping the dollar exchange rate at sustainable levels ⚖️💬. • Bitcoin becomes the global store of value, displacing gold, real estate, and stocks 🏛️📉. • Nations that build strategic Bitcoin reserves gain a critical geopolitical advantage 🛡️🪙. The future is a convergence of Bitcoin, the dollar, and global liquidity flows. The transition is already underway.

It is important to listen to as many qualified opinions as possible to figure out #bitcoin adoption trajectory. nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcpr3mhxue69uhkummnw3ez6ur4vgh8xetdd9ek7mpwv3jhvtcqyqvlaltl88yk6tlhd7rlwcn6u7g5t0yhrk9tyvs9qpvnnfdfzw7z7uxh02q podcast episode 650 with Matjas the organizer of nostr:nprofile1qqsd0f68dvf98gvs9am9dp0lu0f4r7xzu2k89rm9tt448axf5tu6wlgphpy4c confirms what I said in yesterday’s post about #BTC adoption and the fallacy of the “diminishing returns” theory: we are still very very early. Mass adoption has not even started. https://stephanlivera.com/episode/650/ We're just finishing the early adopter phase—critical thinkers, builders, the curious elite. This is what is causing only a temporary "price stagnation/consolidation". Next comes the smart money. They understand #Bitcoin as a SOV. That wave’s just starting—and it’ll move the price much higher. 📈🚀 Mass adoption will start much later, ONLY by imitation, not insight. Bitcoin rewards those willing to learn. Most won’t—until they must. This is also the thesis in my book about the #bitcoindollar system. 👾 Cypherpunks → 🧠 Critical Minds → 💰 Wall St “SOV-only” → 🐑📲 Masses (no clue, just tap & follow) #nostr #bitcoin #soundmoney #FiatExit #AdoptionPath

For 17 years, mainstream media, central bankers, and government officials alike called it: “Rat poison.” “Ponzi scheme.” “Funny money.” “Drug dealer cash.” “Just a bubble.” But now? #Bitcoin is becoming the capital asset needed to backstop the liabilities of the fiat Ponzi. What an irony. nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcp2amhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33wv6hjufkwaskgamj0pjx2drvdpn8xdfkvahrvdrgwaa826rwvesnvu3ed44rgdekwg6hxdrgdd6ku7n80fchyuekwymh5qpqs5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqjx5gu2 latest pod breaks down the recent U.S. policy shift. I unpack all of this in my #Bitcoindollar book —available now on Amazon. https://www.youtube.com/watch?v=3c-sXUIEPt8

De-dollarization is a myth? There are plenty of dollars circulating, but not where the U.S. needs them. China, like a martial artist, uses the dollar against the U.S. By issuing billions in dollar-denominated bonds to its BRICS, SCO, and BRI partners, China drains global dollars and channels them into local infrastructure projects. Dollars in the Global South are safer with China, which won't arbitrarily seize funds. These dollars can be reinvested into productive infrastructure, benefiting local economies, rather than into speculative instruments like U.S. stocks, real estate, or debt. What an irony for the fading hegemon. The #Bitcoindollar fixes that. Order now. #bitcoin https://www.amazon.com/dp/B0F24TPNGP

Paying coffee and cake with Sats at #bitcoin event Cheatcode in Bedford, beautiful home of nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk69jtxxr

Taking a break in a beautiful park in sunny Bedford at Cheatcode #bitcoin event. Outstanding job nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk69jtxxr + nostr:nprofile1qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cpp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7atfzq3 in putting together such a great event and speakers together. I was happy to chat and hand out my new book to nostr:nprofile1qqsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqpzemhxue69uhk2er9dchxummnw3ezumrpdejz7q2hwaehxw309anxjmr5v4ezumn0wd68ytnhd9hx2tmwwp6kyvtnx4uhzdnhv9j8wuncv3jngmrgveen2dn8dcmrg6rh0f6ksmnxvym8ywtddg6rwdnjx4eng6rtw4h85em6w9e8xdn3xaaquwrzjs nostr:nprofile1qqsqt6gwlarurc8v4aw9hh2vkfdedxfh9zngmza0tlw4e66wf3fzvjqppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsp39fau Joe Bryan of "What's the problem" viral video and of course nostr:nprofile1qqs2auxkkgfgylem580xrztp8ek5sf83s86k0vfq2feuz6y4lkhskgcpz4mhxue69uhk2er9dchxummnw3ezumrpdejqzxrhwden5te0d35kw6r5de5kuemjv4kxz7fwvdhk69jtxxr and nostr:nprofile1qqsd0uazmzmhwseeym3rjhf3txyjapreapc6sq8yq8cy07cg45tlx2cpp4mhxue69uhkyunz9e5k7tcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7atfzq3. Look forward to meeting great nostr:nprofile1qqswmnfq2k830kvnylvyrezc97dsqce343qppqrwlgpqaux5qpuwdkspp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvsgp2pcv and nostr:nprofile1qqsxc56ajk5xtxerf4dqspgrfa0s5elrcr80lnz9nasldq87j3zzf0cpzemhxw309a6k6cnjv4kzumr0vdskcw358q6rsqgvwaehxw309a38yc3wd9hsqye4eh this afternoon. Thanks all.