Nikola 🔸⚡️

Sa neograničenim štampanjem novca, pod pretpostavkom da će tražnja za BTC-om da raste (kao što je slučaj u zadnjih 16 godina), #Bitcoin će zauvijek da raste.

Lagarde was found guilty of negligence in 2016 in the Tapie affair, involving the payment of around €400 million in public funds to a French businessman. She received no punishment. She continued to lead the IMF, and in 2019, she took over as President of the ECB. In 2021, Lagarde assured the public that inflation was largely temporary. The ECB forecast inflation of just 1.7% for 2022. By October 2022, inflation in the eurozone had reached 10.6%, the highest level in the history of the euro. Lagarde kept interest rates negative until July 2022, despite rising inflation. Then, in just 14 months, the ECB raised its deposit rate from -0.5% to 4%, dramatically increasing borrowing costs for households and businesses. Lagarde led the ECB through one of the largest monetary expansions in eurozone history. Through the Pandemic Emergency Purchase Programme (PEPP) alone, the ECB purchased more than €1.7 trillion in financial assets. During Lagarde’s tenure, the euro fell below parity with the US dollar in 2022, reaching its lowest level in roughly two decades. Under her leadership, the ECB also recorded a €7.9 billion loss in 2024, following years of monetary interventions and interest rate changes. Lagarde is leaving, but nothing is changing at the ECB. The digital euro will continue to be pushed forward, the largest financial surveillance project in EU history. Euros will continue to be printed whenever politicians need them. And citizens will continue to pay for the mistakes of people they never elected and who answer to no one. The problem was never just Lagarde. The problem is a system that gives a handful of people so much control over everyone else’s money. Lagarde is leaving, but the central bankers remain. Unfortunately.

Ode Lagard, centralni bankari ostaju. Nažalost.

Euromodel je cijena koju Crna Gora plaća za ubrzane evrointegracije. Umjesto da jača konkurentnost privatnog sektora, država dodatno povećava njegovu zavisnost od sopstvenih odluka. Rad u javnoj administraciji postaje još atraktivniji, dok privatni sektor, koji mora da stvori vrijednost prije nego što isplati zarade, sve teže konkuriše državi za radnu snagu. Time se produbljuje jedan od ključnih strukturnih problema crnogorske ekonomije. O modelu minimalne zarade prema nivou obrazovanja razgovarao sam i sa stručnjacima iz ekonomske struke i akademske zajednice. Svima je bilo podjednako nejasno, pa i pomalo smiješno, na osnovu koje ekonomske logike se zarade mogu administrativno određivati prema stepenu obrazovanja. Takav pristup nije uobičajena praksa u evropskim ekonomijama. Visinu zarade na tržištu rada prvenstveno određuju produktivnost, ponuda i tražnja za radom, a ne sama diploma. Reforma se opravdava sprečavanjem odliva stanovništva, a kao jedan od izvora njenog finansiranja navodi se očekivani povratak dijaspore. Dakle, jedan od očekivanih rezultata reforme istovremeno se koristi kao pretpostavka njenog finansiranja. Evropski životni standard ne nastaje političkom odlukom o visini zarada, već rastom produktivnosti, investicija i konkurentnosti. U trci za ubrzanim evrointegracijama, Crna Gora rizikuje da reforme sprovodi brže nego što njena ekonomija može da ih iznese. A trošak politički obećanog standarda prije ili kasnije neko mora da snosi. 🇲🇪

Bitcoin is about freedom. So while my talk focused on Montenegro’s path to the EU and its implications for privacy and economic sovereignty, I couldn’t leave out the incredible beacon of hope from Serbia following the Student List’s victory in the parliamentary elections. Another amazing weekend at BTC Balkans by @BitcoinClubBG! What I love most about this conference is the kind of people it brings together, and the warm welcome and great organization from the Bulgarian Bitcoin community. Loved catching up with everyone, meeting new people, and sharing ideas. Already looking forward to next year!

Returning to Sofia 🇧🇬 for 2nd edition of BTC Balkans by @BitcoinClubBG to give a speech "The Frontrunner's Bargain: All the Rules, One Way Out", and participate in the panel with friends from the region on Balkan communities. Looking forward to speak alongside: @ToniCepon, @fikadjurovic, @ArvinK, @thekylehuber Last year was amazing, expectations are high for this edition!

Lijte kiše!!! ❤️