Immaculate Vibes

Arch is a silent. He just needs to go home and film his commitment video.

Doomberg is a next level follow. But he’s a contrarian, so most people here won’t get him. The key points are, there’s no way to “cancel” 11% of the world’s fossil fuel production. It’s going to get sold somewhere. Also, moves that increase fossil fuel prices such as sanctions actually help Putin near term. Moves that lower prices, such as increasing supply, hurt Putin.

I haven’t abandoned the dollar. I have plenty of dollar investments. I’m just hedging strongly against what historically happens and what is being reinforced by everything I see. I don’t root for bad things to happen. There’s just more bad than good happening now. You of all people should know that. When I saw this meme I thought of you. CBDCs are the worst thing imaginable. Financial privacy gone. With programmable money, so many ways for central planners to manipulate people’s finances. Oh you have a negative interest rate on your money. Oh if you don’t spend your latest Fed deposit in the next week, it will be deleted. Oh sorry, that is an unapproved transaction. The inability to see how easily it could be abused and how disastrous it would be is really fascinating to me. That’s your choice. But you should want it as an option

It’s the best performing currency this year, and their only meaningful export is energy so it helps make my point.

Can confirm

I’ll come back later to address most of the comments, but this one is pretty straight forward. The USD is currently strong relative to other currencies because we are hiking interest rates aggressively to attempt to get a hold on inflation. Also you have to look at the global energy situation. There’s obvious energy scarcity currently. In that environment energy rich country’s currency will perform better. Look at usd and the ruble. Energy importers are going to have weak currencies. Look at Japan, EU, UK, Korea.

Again it was created in response to easy money and bank bailouts. When the easy money returns, it will pump again. This isn’t hard. Or do you disagree with that statement? I’m not looking for “marks” here. I graduated for UT so I have frequented iterations of this site off and on going back to hornfans and Mira Sorvino eating an ice cream cone. I have also enjoyed following bitcoin for a while. This place is a fun place to discuss it and I selfishly would like as many Longhorns and Texans to benefit as possible from something that I still see as a large long term opportunity. I try to educate where I can. I’ve said for a long time to get your coins off centralized exchanges and avoid lending platforms. Each time we have a down cycle and people get burned a new class of people learn the right way to handle this stuff. If you’re interested in getting in and have a decent amount I would start dca buying through a service like Swan or Strike. We’ll have some time at these levels and that way you’ll catch a bit if it dips lower. https://www.swanbitcoin.com/ https://apps.apple.com/us/app/strike-bitcoin-payments/id1488724463 I would avoid Coinbase or other exchanges that have been dabbling in shitcoin stuff. There’s still a lot tbd about these leveraged exchanges and funds blowing up and any contagion. TL;dr

Ok. But unfortunately they are currently literally at the mercy of Russia. It sucks, but true. I hope they come up with a plan before next winter. Until they have a better plan it’s going to cause societal stress in Europe.

Unfortunately Russia putting the screws now to Europe. The timing of the cuts is pretty clear. Just after European leaders visit Kyiv. Throw in the Freeport LNG plant accident and European supplies are under severe strain

CBDC. One of the greatest threats to American freedom out there. Posters here are educated. You need to research and decide how you feel about this.

Well, no shit. It was created in response to bank bailouts and money printing. It’s benefited from it directly. It’s obviously not fair to compare the 5x growth of the Dow since 2009 to the top performing asset of all time. Let’s look at the s&p since the Covid crash. Up 60% vs bitcoin up 5x even after this week’s crash. I think it’s clear that the narrative of bitcoin being an inflation hedge that tracks cpi has been blown up. But if you look at it, bitcoin moved up before inflation took hold/as the money printing started. It started to tank just before monetary tightening became a reality. It seems to be a leading indicator of monetary policy. So if you think that the Fed will engage in sustained monetary tightening then you should avoid bitcoin. If you think that the Fed will blink before inflation is meaningfully dampened then you should be buying now. Place your bets. I believe that the modern financial system is reliant on an increasing amount of debt to maintain it. When tightening is attempted, debt or liquidity crises emerge and more money must be printed to paper over the issues. Basically you can’t taper a ponzi. In our current regime an asset that performs well in easy conditions is one you want to own.

Do you think they cave? If so, when?

Stanning? Worships? I’m on Pg 2 of this thread calling out some of his fraudulent moves. I disagree with Musk on a lot of things, I just think it’s funny how much he gets under your skin. I knew when i saw that news that this thread would be populated with posters upset that some people they don’t know, got fired by their boss because they talked shit about him publicly. Stay mad. Lol

The epitome of “Just do something!”

Most of us on this thread know it’s all a confidence game. The predicting when it is lost is the hard part. As some people like to say, gradually, then suddenly. That’s my guess.

I’m betting on some form of collapse or reordering of our global monetary system. It happens periodically when debt reaches unsustainable levels. Merely observing historical evidence and acting on it. How much that affects the broader world is tbd. I don’t see that as anti-social, just observant and proactive. Please show me a post where I “suck cop dick”. I’m no big fan of cops in general, as I’ve said here repeatedly. An example of financial cancelation would be having your bank accounts frozen because of your political beliefs. Happened in Canada.

Hey dumbfuck, read BlackLab’s post just above mine. This is news about Uvalde, thus it goes in this thread.

Nothing anti social. I’m just aware of monetary history and how large debt cycles work. There will be further currency debasement, capital controls. It’s going to be a tumultuous time. I’m just looking to protect myself and the fam. Regarding censoring of transactions, it’s happened here before. Operation Chokepoint. Then look to the Canadian trucker situation to see how western govts could pursue widespread financial cancelation. It’s not hard to see that trend continuing given the way our culture is moving. Then throw in the potential of CBDCs and then you’d have to perfect facility to perform those actions. Bitcoin actually makes me optimistic we’ll be able to avert these things over time, but it’s going to be rocky.

I fucking hate these clips with large captions, but good explanation of one last step we’ll have to see to really bottom. looks like it could be starting.