Tron

Other forearm done. Map of Middle Earth. IMG_4700.mov

This is the chart that will prompt the Fed to cut interest rates. It has nothing to do with what they see in inflation metrics. Get ready for another inflation wave and eventually a currency crisis.

Everybody ready for wave two of inflation?

This CAGR comparison tells you all you need to know as to which is better. Don't get me wrong, I have a healthy stack of gold and silver as well, but Bitcoin is the future.

Want to know in detail how bankrupt the US Government is? Take a read through this thread. Money printer will be going brrrr until it all collapses. Prepare accordingly.

New tattoo. You may recognize it If you are into US history.

I am a Bitcoin maximalist. All other crypto are shitcoins. Read the book "The Bitcoin Standard" if you really want to understand why Bitcoin is better than gold. I own gold too,(and silver) but it is definitely not a finite asset like Bitcoin is. If the price of gold spikes to $3500 an ounce, gold miners will ramp up production..not to mention there are technologies under development in ocean floor mining that will allow for significant increase in gold production. Bitcoin, however, has a fixed distribution schedule and a fized cap of 21M whole coins. We are now in fiscal dominance...what the Fed does going forward is becoming more irrelevant as each day passes. They have no control over the long end of the yield curve. If the Japanese start to unwind the yen carry trade in a serious way, the US Treasury market will come unhinged and long rates will spike. If you are in a traditional 60/40 portfolio, nearly half of your capital will get rekt. Now that the SEC has opened the door to spot ETFs, Bitcoin going to $200k minimum by the end of 2024. Not financial advice/DYOR.

Here's Dave Ramsey explaining the difference between bitcoin and fiat currency. RPReplay_Final1711280952.mov

Favorite slide from Michael Saylor's speech at Bitcoin Atlantis. The sooner you can move through the progression, the better chance you have at protecting your wealth and purchasing power.

"US national debt rising $1tn every 100 days ($32tn to $33tn took 92 days, $33tn to $34tn 106 days, $34tn to $35tn will take 95 days)" - BofA

RPReplay_Final1709127298.mov

Inflation is currently about 12% if you use the same CPI basket the US Government used in the 1980s to calculate it.

Price of bitcoin denominated in long duration US Government bonds. Get off zero if you have no bitcoin.

You should set up the ability to accept bitcoin via the Lightning Network. Very low fees and nearly instantaneous transaction.

RPReplay_Final1707143676.mov

The red line generates the income to pay the interest on the blue line. See the problem?

This is an oldie..but still very appropriate goodie...

Your window of opportunity to obtain cheap Bitcoin sats is closing rapidly. This is an interesting thread about how technologies typically get adopted.

Meanwhile, the US Government continues down the road to ruin...buying votes by spending more than it can afford on projects that aren't worth doing anyway...with a budget deficit of $1.7 trillion in 2023....and $1 trillion of that just since football season started! Happy New Year! https://reason.com/2024/01/03/america-has-borrowed-1-trillion-since-the-start-of-football-season/