This famous chart reminds us what happens to scarce assets when we transition to hyper-inflation. Unlikely we'll see that insane inflation in the West soon, but much higher inflation is coming. What is noteworthy to bitcoiners from this chart: If you follow the black line... you can have multi-year rangebound crap (1919-1921) with sentiment hitting lows at the end of that range, and yet be in the middle of an incredible uptrend. Sound familiar? Stay humble. Stack sats.
Great wisdom from today: "My solution is to exit where possible and live according to your own ethical code, while building the safeguards needed to protect yourself and coexist with others through tolerance, clear boundaries, and a well-defined approach to self-defense. In the end, I think itโs a spiritual war with oneself. Being answerable to a higher purpose and a higher form of governance. This is ultimately a philosophical debate, but I believe life is a test of how we respond to good and evil, and whether we create more good than evil through our actions. I also believe money carries embedded energy. Depending on how it was acquired, invested, and used, it can amplify either the good or the bad within us."
The winner of the bitcoinfilmfest: https://www.youtube.com/watch?v=m8MNZNjB0XM Nice work , and thanks to the sponsors and others
You're listening to Radio 4? The Devil's work.
Welcome to NikMagan spacestr profile!
About Me
Nostr brings freedom. Bitcoin gives hope.
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