Bitcoin. Not crypto

hahahahah. Yea, no shit! https://archive.ph/UZhxJ

OI is looking frothy dont get over your skiis out there...

On September 18, 2007 (17 years and one day ago), the NASDAQ 100 rallied ~11.8% to a new all-time high within approximately 6 weeks after the surprise 50bp rate cut. Markets then proceeded to deteriorate 54.6% over the next year.

I am a bitcoiner. I know more bitcoiners IRL than 99.99% of people. It’s like 25 people. And it’s a powerful army of plebs. We are so fucking early. Imagine how it will be when it’s 20% of people. The world is going to change very quickly.

Median home mortgage payment is $2,775/m. Thats 11% more than last year and housing affordability hasnt been the bad since the 1980's. Sticky inflation means high rates for longer. Money printing means more debasement. Home owners arent selling their 3% homes any time soon in an inflationary economy unless they have to

The term “national emergency” has been used 82 times by the US government since 1976 in order to circumvent the constitution or the Bill or Rights (supposedly temporarily). Did you know that 42 of these declarations are still in effect today? The next time the fiat system in on the brink of failure, they will likely try to blame #BTC . If they try to 6102 our #Bitcoin , dont expect it to be a temporary measure. We all know they cant stop it, but they do not know it. They will try. It will be futile, but be ready for increased friction. If this doesnt play out, then great. But if it does, you will be happy you saw it coming. 6102 was declared as a national emergency due to the great depression and financial crisis of 1933. Specifically at a time when american families needed gold the most! Why would you think the same could not happen with #Bitcoin ? First, they tried to stop the gold run on banks by simply closing the banks. That didnt work, so they labled honest Americans who just wanted their own money as "Hoarders". These Hoarders were now technically enemies of the State. This gave the Fed the power to collect names and prosicute American citizens for owning their own money. The Fed sent a memo banks, demanding the names and addresses of all persons who have withdrawn gold from said banks. Sound much like the mining law they were trying to pass reciently? I think so! The next day, Congress passed the Emergency Banking Relief Act. It gave #POTUS authority to regulate “any transactions in foreign exchange, transfers of credit between or payments by banking institutions as defined by the President, and export, hoarding, melting, or earmarking of gold or silver coin.” Money that the government can not control means people that the government can not control. At some point another "national emergency" will arrive and they will be looking to point the finger at anyone besides themselves... _ Stay humble, stack sats, protect those sats.

"No matter what your ability is, EFFORT is what actually ignights that ability and turns it into accomplishment." -@Codie_Sanchez Everyone needs to hear this. If you are going to do something, take pride in it and do it all the way.

Fear the fiat monster

I need more people to follow… sound off.