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plebeian
npub1ap9f...chga
Hodler, node runner, coffee drinker, book reader, coder, painter
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plebeian 2 years ago
US federal government is paying 1+ Trillion (yes with capital T) for interests on their debt. They are burning money like drunken sailor burns though the barrel of rum For reference, total annual revenue in 2023 was 4.4 T So, 22% of income goes to pay the interest When you look at the chart one must think - this is a bubble and it's going to burst because this is not sustainable - but, if you know the math you know that there is literally no way out of this mess except to make every living soul on earth as poor as church mouse Is there a way out for drunken sailors? Print like there's no tomorrow to pay the debt with new debt and make everyone as poor as church mouse though debasement and inflation because high inflation will raise nominal GDP and lower the debt/GDP ratio How does a pleb survive? Get your hands on the hard assets and watch them burn #Bitcoin image
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plebeian 2 years ago
The mother of all accumulations As we get closer to the halving and as the monkeys running our monetary system play the game "lets pretend debt spiral is not a thing" we are entering into a wealth transfer not seen since the down of the human civilization Welcome to the future #Bitcoin image
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plebeian 2 years ago
#Bitcoin halving is in 3 months and vast majority of people don’t even know it’s a thing We are sooooio early
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plebeian 2 years ago
Most people have absolutely no idea how financial system works And it shows everywhere you look
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plebeian 2 years ago
Probably the best brushes I have ever used but in this crazy world these simple gestures are what differentiate the best from an average Learn from the best If you sell products one simple thank you can make a huge difference Be the best image
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plebeian 2 years ago
GM #nostr Does anyone have any experience with building Bitaxe miners? Would really appreciate a repost just to get better reach and maybe find fellow plebs to share some thoughts
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plebeian 2 years ago
GM #nostr Does anyone have any experience with building Bitaxe miners? Would really appreciate a repost just to get better reach and maybe find fellow plebs to share some thoughts
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plebeian 2 years ago
It's hilarious that we are again discussing on how to slice pizza Meme factory in hyperdrive
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plebeian 2 years ago
Let’s go content creators, use the opportunity and create something good so we can zap and stream some sats your way View quoted note →
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plebeian 2 years ago
One does not mess with the base layer, the foundation of everything that is possible
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plebeian 2 years ago
There’s a lot of content on benefits of CTV and other types of covenants out there. Although it is not self evident from the pure concept of implementing restrictions to #Bitcoin, benefits are substantial. However I would really like to see more people think and talk about possible unforeseen consequences of such proposales View quoted note →
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plebeian 2 years ago
Bitcoin is a threat not inly to USD but to every investable asset that exists However, people are not programmed to notice the effects of slow and grinding change that is happening so they chose to ignore it and go about their lives chasing their high time preferences View quoted note →
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plebeian 2 years ago
When I think about it I am imsingle issue Bitcoin voter I don't vote for a single reason (trust) and I save in Bitcoin View quoted note →
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plebeian 2 years ago
Bitcoin market is THE ONLY free market we have in this hallucinogenic dream we’re stuck in. There is no asset on this planet that is rooted to the reality of supply and demand as much as #Bitcoin is. Unfortunately, the simplicity of truly free market you need to see is often hidden by complex web of derivatives and many different forms of “the exposures”.