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Joined January 2023
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Simple Bitcoin - Get Bitcoin by learning about it retweeted
HEUTE LIVE
Die öffentliche Sitzung des Petitionsausschusses zum Erhalt der steuerlichen Haltefrist von Bitcoin & Co. im Bundestag.
Dr. Ingo Heuel und ich werden die #ProHaltefrist Inititative vertreten.
LIVE einschalten
🗓️ Montag, 12.10.
⏰ 12 Uhr
🔗 Link in den Kommentaren
Simple Bitcoin - Get Bitcoin by learning about it retweeted
In conclusion, making such statements without any evidence is the opposite of responsible behavior. It is the very definition of FUD — it cannot be proven wrong but there’s also no evidence whatsoever of it being true. n/n
Simple Bitcoin - Get Bitcoin by learning about it retweeted
Stroke of a Pen
I told Opus 5.5 to read my Bitcoin & monetary-history wikis & make a music video with code only.
it used ElevenLabs for the track.
Then a swarm of agents storyboarded and coded a 3:23 portrait reel. ~75 shots cut on the beats.
Had to do 2 revisions - first the people looked like poorly animated stick figures & it rewrote the rigs.
Then I said use matrix code to make it more interesting.
Impressive!
Simple Bitcoin - Get Bitcoin by learning about it retweeted
UPDATE: $76k to $81k within 24 hrs
What a call by JEV
Simple Bitcoin - Get Bitcoin by learning about it retweeted
Nothing more bullish for gold and silver than rates rising on an insolvent government that has a printing press
Simple Bitcoin - Get Bitcoin by learning about it retweeted
🚨 LATEST: The Taliban has placed a ban on crypto, as Afghans turn to crypto to keep their wealth out of the taliban's reach.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
SATOSHI: ANY COUNTRY CAN DO BUSINESS WITH ANYONE AND NOBODY CAN REMOVE THEM FROM THE BITCOIN NETWORK
Simple Bitcoin - Get Bitcoin by learning about it retweeted
While individual months are noisy, one thing remains true.
Nothing stops this train.
BREAKING: The US Government officially posts its largest July budget deficit in history, at -$432 billion, due to an acceleration in federal spending.
Interest on US debt rose +$26 billion from last July's levels to an alarming $118 billion for the month.
This puts total interest expense for FY2026 up to $1.17 trillion in FY2026.
As a result, interest expense has officially surpassed both National Defense and Medicare spending.
In other words, the US government now spends more money just on interest than it does to fund the entire US Military or to provide healthcare for seniors.
We cannot afford higher interest rates.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
It wasn’t supported by miners across the world, by exchanges or other high-volume nodes, by most developers, or by most investors, influencers, etc.
It just didn’t reach consensus, plain and simple (which is normal for a fork less than a year old; it’s in a long line).
It’s not as though there was any pressure on miners. There was no substantial “other side” that miners won against. A few thousand people running low-volume nodes doesn’t constitute consensus, and so the fork wasn’t successful.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
The toxic bitcoin maximalist movement might be dying
But some of the damage that it did is truly devastating and irreversible
Cancelling Andreas Antonopoulos and Trace Mayer, only to replace them with dumber preachers still hurts
Calling the big blocker brothers stupid shitcoiners instead of trying to find the good elements in their development process is also a huge mistake
Roger Ver was right about delaying adoption by a decade… and in the meantime we have more convenient payment options like Apple Pay, Venmo, CashApp, stablecoins
Last but not least, price models like Stock to Flow (S2F) have blinded people into believing that limited supply is everything that matters. It’s the demand that creates value and we clearly failed to create more demand for payments and more demand for block space
So yeah, it’s been a fun 9 years. But the movement largely failed while breeding a culture of arrogant complacency and intellectual laziness.
This is not what winning looks like.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
Unfortunately nobody listened to this guy, bc he’s „CryptoGuide“ youtu.be/oj_W3xOlt6U?si=nagF…
Simple Bitcoin - Get Bitcoin by learning about it retweeted
BREAKING: The wealthiest 1% of US earners now own 50.1% of US equity and mutual fund holdings.
To put this into perspective, their ownership stood at 40.1% in 1990 and 39.6% in 2001.
At the same time, the next 9% wealthiest households own 37.3%, and the middle 40% own just 11.7%.
By comparison, the bottom 50.0% of earners hold just 1.1%.
As a result, the top 10% of earners now own ~87.4% of all equity and mutual fund assets.
Asset owners are the only winners in this economy.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
Money supply is significantly outpacing economic growth across major economies:
Canada's M2 money supply has grown +368% since January 2004, the largest increase among G7 economies.
By comparison, the Canadian economy has expanded +159% over the same period.
The US follows, with M2 growth of +279% versus a +171% increase in nominal GDP.
Meanwhile, M2 in France has surged +258% and +211% in the Euro Area, both outpacing nominal GDP growth of +84% and +102%, respectively.
In Japan, M2 has grown +90% since 2004, while its economy expanded just +25%, the slowest pace among G7 economies.
The gap between money creation and economic growth is widening.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
The U.S. government is literally rug pulling everyone right in front of our eyes, and no one is saying anything about it. Why is that?
Simple Bitcoin - Get Bitcoin by learning about it retweeted
Grok’s answer for comparison.
Maximally truth-seeking. Unfathomably based. Passing the Galileo test with flying colors.
Simple Bitcoin - Get Bitcoin by learning about it retweeted
We're opening the waitlist for our Monetization Gateway, which will allow you to charge for any web page, dataset, API, or MCP tool behind Cloudflare. The charges will settle in stablecoins over the x402 open protocol. cfl.re/4eUFdt6
