Maba @MabaDodo

Central Bankers don't like #Bitcoin because it lets you escape their ponzi

"The bursting of the Bitcoin bubble" - The Economist, October 2011 People have been calling Bitcoin a bubble since it was worth $30 in 2011. 12 years later it's worth $30,000. If you're still calling it a bubble or a fad, maybe now is the time to ask why you've been wrong so far. Ignore the price for a moment. What is Bitcoin actually? It's the solution to a global problem: How to store wealth long-term without the risk of debasement and seizure. It's is a technological breakthrough. Teslas are engineered to be the best car. iPhones are engineered to be the best mobile device. Bitcoin is engineered to be the best store of wealth. Do you think investing in tech stocks is normal but investing in a technology that addresses one of the biggest problem on earth (storing value) is dumb? 🤔 The majority of people are storing their wealth in assets that leak value to inflation or debasement over time and are liable to seizure by increasingly capricious governments. Sovereign debt, equities, real estate, gold, fine art... They are all imperfect stores of wealth, but they were the best we had until Bitcoin. "But Bitcoin has no intrinsic value!" Here's why Bitcoin is valuable: It's Finite: There are only 21 million coins. There's no central banker who can debase your wealth. It's Divisible: you can buy / sell $0.10 worth, or $10 Billion worth. It Can't Be Seized: It can't be physically taken from you. There are ways to store it so that no external party can take it from you. You have full control over your property. Do you know anything else like that? It's Supply Inelastic: Unlike almost everything else on earth, as the price of Bitcoin rises, there's no way to make more of it. That prevents the price from falling due to a sudden supply glut. It's Portable: You can move anywhere in the world and have access to your Bitcoin without permission. It weighs nothing and you can move across borders without anyone knowing you own it. It's Free From Counter-party Risk: The entire financial system could melt down around you. JP Morgan could go bankrupt. And you could still have your coins without needing to be bailed out by anyone. It's Globally Accessible: Storing wealth is a global problem. And Bitcoin isn't jurisdiction specific. No one gets special treatment - it's a fair protocol available to all. No other asset on earth has these combined characteristics. It had to be invented. #Bitcoin was engineered as the ideal store of value. It has gained more since March 2020 than the S&P500 has gained since the bottom of 2009. It's not just some widget that anonymous people like me are hallucinating over. Now that Blackrock, Fidelity, Deutsche Bank, Crédit Agricole, Citadel, and other large institutions are about to offer it to their clients you can either dig your heels in and say that they're just getting in on the scam, or you can try to understand why 70% of supply hasn't been sold in over a year despite large volatility. Why are Billionaires stacking Bitcoin? Why is famous trader Paul Tudor Jones saying he's "never sat on a horse as long as he's sat on Bitcoin?" Are we all morons? I certainly don't feel like a moron watching investments 10x over a 4 year period. The time to ask questions with an open mind is running out. The institutions are coming. And the fiat wave won't be far behind them. The window of opportunity on the most obvious investment of our generation is closing. You'll still benefit by stacking BTC at $300K a coin. But you'll hate yourself for ignoring this tweet.

Welcome to the Matrix

Xoloitzcuintli is an ancient Aztec dog breed once considered guides for the dead on their journey to the underworld.

Oklahoma plans to kill Richard Glossip on May 18. The state's own attorney general has said that this would be a "grave injustice," but other people in Oklahoma are determined to go ahead and kill him. Sound crazy? Keep reading; it gets crazier.

Behold the beautiful Mandarin duck.

Congressman Kevin Hern bought Lockheed Martin stock in late March. Lockheed Martin was just awarded a $7.8 billion Air Force contracts Kevin Hern is a member of the Air Force Caucus. He clearly had inside information. If me or your did this then we would be in prison.

Students of monetary history understand that JP Morgans takeover of deposits in First Republic Bank is just another chapter in the book we have been reading since the beginning of WWI in 1914. It's called: "Concentrate all of the wealth in the hands of the few via manipulation of the money supply". Ignore this observation and you fail to understand everything in the economy and the markets.

Seiji Tsukimoto is an artist who blends pop-up book and kirie techniques to create greeting cards and designs encapsulated within spherical frames without use of any glue

The cast of Star Wars without costumes. Harrison Ford (Han Solo), David Prowse (Darth Vader), Peter Mayhew (Chewbacca), Carrie Fisher (Princess Leia), Kenny Baker (R2-D2) and Mark Hamill (Luke Skywalker), 1977. Colorized by @jecinci

“Have fun staying poor” comes to life. 😢

Ai Business Journal @ArchieIntel

3 years ago

NEW🇬🇧‼️ People need to accept they are poorer and stop asking for pay rises - Bank of England WTF… 🤨

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#Bitcoin pleb first login in to #CryptoTwitter

Airplane wings aren't some rigid chunks of metal: in fact, they probably have a bit more flex than you'd expect. This is the behavior of a Boeing 747's wing in a turbulence. It can move 6m up and down safely.

.@GaryGensler is an incompetent “cop on the beat.” He’s actively putting everyday Americans in harm’s way and pushing American firms into the hands of the Chinese Communist Party👇

This is a galaxy that's 20 MILLION light years away. Just think about that for a second. The light left this galaxy during the Miocene period and travelled across intergalactic space for 20 million years only to be caught by my telescope 5 feet before hitting the Earth.

Kenyan runner Abel Mutai was a few meters from the finish line, but got confused by the signals and stopped, thinking he had finished the race. The Spanish runner, Ivan Fernandez, was right behind him and, realizing what was happening in front of him, began shouting for the Kenyan to keep running. Motai did not know Spanish and did not understand. Fernandez pushed Mutai to victory. One reporter asked Evan, "Why did you do this?" Evan replied, "My dream is that one day we can have the kind of community life that pushes ourselves and others to win as well." "But why did you let the Kenyan win?" the reporter insisted. Evan replied, "I didn't let him win, he would win. It was his race." The reporter insisted and asked again: "But you could have won!" Evan looked at him and replied, "But what is the merit of my victory? What is the honor of this medal? What will my mother think?" Values ​​are passed on from generation to generation. What values ​​do we teach our children and to what extent do they inspire others to earn them? Most of us take advantage of people's weaknesses rather than helping to strengthen them.

Peace that passes all understanding

Ai Business Journal @ArchieIntel

3 years ago

NEW🇬🇧‼️ People need to accept they are poorer and stop asking for pay rises - Bank of England WTF… 🤨

77 165 825 157K 7

What was life like for a Roman slave? historydefined.net/what-was-life-…

I've just taken this picture of one of my juvenile Caribena versicolor, aka Antilles pink toe tarantulas. They really are the most spectacular colour at this life stage and this image is not in any way edited - I've literally taken it and shared it - they really are this blue!