It is still early on the
#Bitcoin
lightning network, but once businesses realize that they can reduce transaction fees and improve their profits by 2.5- 3.5% by cutting out Visa or Mastercard, what do you think will happen?
Just getting started....
1) In the game Monopoly, once enough properties are owned by a single player, renters can't afford to pay rents and are therefore forced into bankruptcy - and the game ends.
@PrestonPysh
@elonmusk
You know that sick feeling when someone you believed cared about doing the right thing.....was just in it for the money/power.
Same feeling I had when I realized Lance Armstrong was a hypocrite.
By manipulating money to ensure prices continually rise, the current monetary system is creating modern day slavery for vast portions of the population.
If it feels like you’re working harder but can’t save enough to escape, you’re correct.
#Bitcoin
@elonmusk
Which contributes more damage to the environment?
A) An inflationary monetary system that MUST "grow" forever (and will manipulate money to ensure it)
or
B) A system that fixes A. (and as a byproduct, drives a renewables industry faster.
#bitcoin
saves the planet!
Can you imagine telling your kids one day that you didn't stand up for a technology that empowered individual rights and freedoms and set the world on a path to abundance, so that you could gain or keep more control?
I can't, and that is why
#Bitcoin
It's surreal that we've created a world that requires people to literally gamble on where to place their money to avoid it losing its purchasing power.
And then people wonder why problems of the world are escalating.
#Bitcoin
Legend Hal Finney on January 11th, 2009 predicting
#Bitcoin
path.
I find it interesting that he divided the wealth of the world by 20 million
#Bitcoin
versus 21 million “potentially implying” that Satoshi coins would never be spent.
Does anyone else find it wild that people worry about
#Bitcoin
price falling due to trusted counterparties that levered up and are now failing......while concurrently dismissing that the entire financial system of the world is made up of far more leverage and counterparty risk?
The worlds 500 richest have grown their wealth by 40% to $8.4 Trillion in the last 18 months.
This is a DIRECT result of manipulating $$ to drive inflation... stealing from the middle class and poor to give to the rich.
Inflation is the greatest theft of our time!
#Bitcoin
.
While most don't know it, cheering against a technology of empowerment like
#Bitcoin
means you would rather have a managed economy, the concentration of wealth/power and eventually, the loss of rights and freedoms.
If you aren't familiar with how that ends, look through history
China has the best marketing in the world against a CBDC. (centrally controlled digital currency)
Giving a state that much control over you guarantees that they will use it.
#Bitcoin
The problem that she is trying to solve is:
How can I continue to extract wealth from the population through manipulated money?
From that point of view - her solution is sound.
But for you - it's slavery.
#Bitcoin
“Let’s do a central bank digital currency … I think it’s time for us to move in that direction.”
Amid Sen. Warren’s moralizing on crypto money laundering, never forget what her ultimate goal is: the destruction of Bitcoin to make way for a CBDC.
Warren is usually effective at…
With Davos kicking off, you might ask yourself how an unelected lobbying group (WEF), funded by the top 1000 companies in the world has become so influential in media, politics, and what your life might look like if Klaus Schwab's vision of the world takes shape.
#Bitcoin
@SenWarren
Could you please let us know specifically how the climate can be saved from a system that requires never ending growth (and will manipulate money to get it)
An inflationary monetary system is incompatible with environmentalism.
#Bitcoin
saves the planet!
For anyone worried about short term price action on
#Bitcoin
, its worth pointing out that It wouldn't be the best asymmetric bet of your lifetime.... if everyone else saw what was coming.
Being early ensures being misunderstood by the majority.
China banning
#bitcoin
is screaming at people who want to live in freedom exactly why they need it.
Pay attention unless you want to live under complete state control and surveillance.
Until my thesis is invalidated, or an opposing view to a transition that makes any sense is put forward, I continue to buy.
and everything I see only reinforces how early we are in this transition.
#Bitcoin
We are moving from a monetary system that unfairly transfers the productivity gains from technology to the rich and powerful through inflation, to one where the productivity gains will be shared by all.
The earlier you understand the implications, the better.
#Bitcoin
@nayibbukele
@Dennis_Porter_
Smart! Your tourism increase alone is enough to pay for your holdings. Add the entrepreneurs moving there to build the future, and what it does to help the citizens of El Salvador and it seems like a pretty great bet.
It's not Bitcoin that has the risk. It's the ~ $128 trillion in negative real rates bonds, and what happens at the exit doors as more people come to understand that the thing they believe is risk free - is not.
All the world waits on what a small group of people with backwards looking information will do to pretend they are in control of a financial system that is past the point of rescue.
#Bitcoin
2008 was a walk in the park compared to what is coming.
Unfortunately, the global nature of the problem, combined with people who think it can be fixed from the system will ensure chaos.
If you don't already have
#Bitcoin
in self custody, you "might" want to get some.
Bitcoin might just be humanities greatest invention because it allows changes without historical precedent, and allows humanity a great leap forward as a result. With a "potential" change of this magnitude, you owe it to yourself to really understand it.
Why would you decide to stay in a system where (one way or another) you will be forced to pay back $400 trillion of insolvent debt, when you can so easily step into a new system without that insolvency, forced compliance and counterparty risk?
#Bitcoin
Horses and buggies were once a very valuable form of transportation, before technology created something better.
Bonds, real estate, etc were once a reasonable place to store your wealth, until technology created something better.
#Bitcoin
@POTUS
I’m sick and tired of politicians and Central Banks destroying the free market by creating inflation which enriches the super wealthy while impoverishing others….and then pretending taxes is a fix. (And dividing society with their nonsense)
If you trust currency to centralization, then 1 person, or a small group of people, can change their mind, with staggering consequences for you.
Ironically,
@elonmusk
tweets are only proving how important
#Bitcoin
is to removing that risk.
Using critical thought, tell me why your money being worth less each year is required for an economy to function.
Inflation is merely a theft perpetrated on most of society for control, and advancing technology is making that theft impossible to ignore.
How is it possible that almost the entire world can talk about fixing climate.......through an inflationary monetary system that MUST destroy our planet?
A system problem cannot be solved from the system that creates the problem!!!
@wef
I did not believe in conspiracy theories until the WEF “jumped the shark” in promoting misinformation.
Who might win when an unelected lobbying group funded by the top 1000 companies directs policy?
Imagine investing in the internet itself.... rather than the companies like Amazon, Google, Apple, Facebook built by capitalizing on the advantages.
That is
#bitcoin
.
The value created on top of
#Bitcoin
is the next wave... and it only just beginning.
Act accordingly.
If you don't have
#Bitcoin
in cold storage yet, you may want to get on it.
The slow moving train wreck of manipulated money and all of its unintended consequences is quickly picking up speed.
@davidmarcus
@PayPal
Your money isn't really your money if it's held by someone else who can change rules. Now apply this to banks or other exchanges and you'll see what you believe is safe and secure.....is not in fact risk free.
#Bitcoin
Listening in real time to
@nayibbukele
talking about
#bitcoin
and how it creates a better future. What a world when a leader can bypass traditional media and directly engage with 19,000 on key issues in real time. Makes me real hopeful for humanity.
Imagine choosing a side of history where winning was at the expense of the majority of the population of the world through manipulation, lies and deception.
I sleep well knowing that I’m on the side of truth, and that there are more of us every day.
#Bitcoin
Correction:
Some governments are trying to pull a fast one by shrinking the value of their currency little by little - hoping you won’t notice. I’m tired of it too.
#Bitcoin
The thing that stood out for me about everyone I met at the
#Bitcoin
conference. Price was down, but every person was filled with hope and love. I've never seen anything like it.
Maybe that is the natural state of humans when money comes out of the darkness and into the light.
Tomorrow, El Salvador will officially begin using
#Bitcoin
as its national currency.
If you live in a country where rights and freedoms are taken for granted b/c of a strong financial system, it might be easy to miss the significance...and what it means for the future of money.
The world is in the midst of an epic battle between individual rights and freedoms on one side, and (eventually) complete state control by the biggest thug on the other.
I know which side I'm on.
#bitcoin
- for humanity.
A parallel system bringing truth, hope, and abundance to our world is growing much faster than people realize and we feel super fortunate to be a part of it.
ego death capital raising $100 million Fund II to accelerate the Bitcoin ecosystem -
Demand destruction incoming.
Credit crisis incoming.
Energy crisis incoming
Food scarcity/starvation incoming.
uprisings incoming.
All because of a failure to understand the system transition we are in the midst of.
There is hope - but it will be built on
#Bitcoin
When centralized systems are manipulated, trust is lost.
And….centralized systems inevitably become manipulated to protect one group of people at expense of others.
That is central banking and that is why our world is in chaos.
#Bitcoin
If you haven't considered the next steps of concentrating all power in the hands of a few through a Central Bank Digital currency with artificial intelligence, 24/7 monitoring, and robotics....you neither understand human nature, or how absolute power corrupts.
#Bitcoin
Bitcoin is inevitable but even if it failed, my life would be enriched by all of the beautiful relationships gained through alignment of values that make the world a better place.
If you're measuring
#Bitcoin
price through a manipulated monetary system, you're missing the point
A 🧵
1) El Salvador has reaffirmed to me what I have learned from my travels throughout the world.
The vast majority of people in this world are beautiful people.
With similar hopes and dreams for a better life for themselves and their families, trying their best to achieve it
Unless your thesis has changed, thinking about the short term price of anything probably means you're more concerned about trading, than long term value creation.
A requirement of an asymmetric bet is that the majority of people misunderstand it.
#Bitcoin
Many of the world biggest problems will get much worse by trying to solve them from the same economic system that is creating them.
While
#Bitcoin
creates a parallel system based on truth, hope and freedom, one person (or country) at a time.
It’s fascinating to me to see how many artists and musicians have embraced
#bitcoin
because it is often artists who sense system changes and what is coming…..long before others.
It still surprises me that so many people believe that money needs to be worth less each year for humanity to thrive, when it is that very thing causing society to turn on each other.
For everyone else, at least there is
#Bitcoin
Energy will be priced in
#Bitcoin
. With new energy sources, and game theory playing out before our eyes, there is simply no war machine big enough to break that trend.
#Bitcoin
is a non violent protest that builds a bridge to a world of truth, hope and abundance.
If that doesn't make sense to you yet, it is highly likely that you're measuring a system problem from the system that is creating the problem.
Seeing it, only takes an open mind.
What most don't realize is that as each nation turns to
#Bitcoin
in their own self interests, they in turn reinforce the network for the best interests of all.
Incredible times as the world moves from a system of coercion to cooperation.
The "great reset" is likely to not come from a small group of power brokers vying for control.... but instead through a decentralized monetary network that fixes the incentive structure of the world and empowers billions of people as a result.
#Bitcoin
@elonmusk
Because broken money ensures the centralization of power by stealing the productivity (through inflation) that should flow to society in the form of lower prices.
Then - those enriched by that theft and subsequent power must control the messaging to keep it.
#Bitcoin
Saudis considering pricing oil in Yuan while China pegs Yuan to US.
China eases to "save" the economy.
US easing coming soon.
Geopolitical risks rising every day because of manipulated money, with no way out from the system.
And
#Bitcoin
still emerging to fix it all.
It is not a weakness to change your mind when new information conflicts with your mental model of what you previously believed.
It is called learning - and it is a strength.
Inflation is NOT required for a productive economy.
Inflation IS required to avoid insolvency which means that your wages and saving need to be confiscated in real terms to pretend things work.
These are different and it's time people stopped conflating them.
#Bitcoin
@SenWarren
What would those unfairly extracting wealth that should flow to society in the form of lower prices, say about a system that gives it back?
The good news is that the people you pretend to protect with your deceit, are starting to understand the the real reason you hate
#Bitcoin
If you know that the system is broken, and the thing holding you back from
#Bitcoin
is a belief that a government will try to stop it to retain their control over you, then you are unwittingly giving them that power.
Each of our actions make a difference in the world we see.
I was blown away by how good the Microstrategy conference was this week and how many businesses were actively engaged in learning how
#Bitcoin
and
#Lightning
could bring value.
Thanks
@Saylor
and the entire team for such an extraordinary event with such great people.
While the world strains under the weight of a slowly collapsing monetary system that will get worse, it is impossible to leave the
#Bitcoin
conference without hope for our collective future because of all the amazing and intelligent people building it.
Shouldn’t China have lots of extra energy after banning
#Bitcoin
mining?
The energy crisis puts on full display for the world that the primary cause, is manipulation of money.
A problem that
#bitcoin
fixes while incentivizing a transition to a Kardashev type 1 civilization.
A market where a few people decide the fate of everyone else by giving instruction to when and how much money is manipulated…..isn’t a market - It is a control structure.
#Bitcoin
A deep awakening is emerging throughout society.
And while some still haven't connected the dots - it's inevitable and beautiful to watch.
#Bitcoin
#Nostr
@elonmusk
@Cointelegraph
While it is clear that the energy debate about
#Bitcoin
is complete nonsense, and you know it, I do understand that this gives you "cover".
#Bitcoin
sets the world on a path of abundance and individual rights and freedoms by stopping corruption of money, and centralized control.
1) Imagine a society where it was almost universally accepted that it was okay to take something from you, without your knowledge, and gives it to someone else.
That is the world we live in.
And it is called....... inflation.
History will look back on this time period and ask:
Why did people not see that their money being worth less each year was a not a requirement for a productive society?
It was only a parlour trick designed to give some humans control over other humans.
If the Fed carries forward with tightening, what you are starting to see in the stock market will be the least of your concerns.
When they capitulate because of that…you may realize that an economy that only works because of manipulation, doesn’t actually work!
#Bitcoin
The FED tightening and then going into
#Bitcoin
in a big way would likely turn out to be the best strategic move in history.....providing a path to a neutral reserve currency while concurrently promoting the free market, and reducing the power of dictators over their citizens.
What happens to a democracy if you don’t have a vote in how much your money loses value, and that unjust transfer of wealth and power drives almost every other economic and social outcome?
#Bitcoin
Technology saves our time giving us more for less.
Why is it then, that most people are working harder just to keep up?
The answer to that question will take you on a journey down the rabbit hole to why
#bitcoin
may be humanity’s greatest invention
China can turn off all the Bitcoin mining they want. Free countries, enabling freedom for their citizens, and a transition to clean abundant power will happily fill the void.
I found a new way to demonstrate...that what is happening to our financial system is due to it being at directly at odds with the productivity gains driven by technology.
Ironically, by using that same technology.
Hope it helps!
Original post here:
When you think how ludicrous it is that all trade between humans rests on a control structure where a small number of people can create money out of nothing, all of the other problems in the world start to make a lot more sense.
#Bitcoin
If you could convince people that debt, and then inflation (through manipulating money) was required for a productive economy, you could amass incredible power & wealth from by stealing from them without their knowledge.
Some of those people might even call you elite.
#Bitcoin