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Joined 2 months ago
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Cake day: October 23rd, 2024

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  • Not much change in the big US agendas: Wars to protect and expand oil use, and now tech monopoly to control colonial democracies.

    Democracy is significantly easier to create an Israel first or US first rulership in the world. It just takes a little bit of money. Media is desperate to ally with oligarchy/zionism, and an even tinier bit of money achieves that. CIA can JFK any politician that doesn’t accept their money, and NGOs to foment insurrection “for liberal democratic values” are simply NGOs to foment US sponsored war and destabilization of their lives.

    The only possible change would be a military coup of the US that disrupts “Israel first” rule, and oligarchist/corporatist warmongering meant to diminish Americans and other humans. Less democracy doesn’t mean less corruption and subjugation. Georgia successfully resisted a suicidal path earlier this year, to the dismay of “US approved democracy” demonic forces.

    People are too dumb with too little concern to inform/care about making the right democratic choices. They pick one of the heroes their media tells them to pick, and rely on empty promises made by the heroes.





  • Bitcoin is “Thanks for the $97,430.23 bro trust me bro someone will give you that much or more for that ledger entry in money, goods, or services bro I swear bro because it’s scarce bro”.

    You accept $20 because you are confident it is worth $20 tomorrow. You put it in a bank hoping the interest will cover inflationary depreciation, and hoping the bank will give it back when you ask for it. Btc does not have that 2nd risk, but you can still accept it as payment and sell it on an exchange shortly after, if you trust bank IOUs more.

    My inflationary dollars are far more in demand.

    You can’t buy beer with gold or amazon stock, though can with bitcoin, even if cash is easier. Investments are a separate market, and they all have the buyer’s hope of higher future value.



  • Proof

    bitcoin reserves are auditted as held with full confidence any instant. Gold reserves depend on confidence of last auditor last time it was done, and it would be national security to lie that the reserves are still there.

    energy-rich actor could shoot for a 51% attack without sending a single troop across a border.

    a 51% attack has a small chance to undo a spend that was done just in last hour

    It doesn’t matter where something physically is, but rather how do the parties to the transactions understand the exchange.

    IOUs are not as good as money, IOUs based on a “trust me bro its still there asset” is not as good as IOU based on bitcoin, and an IOU based on fractional reserve inflatable currency is far worse than asset based IOU.

    So with your passphrase in your head (and no new holes) you leave. Where do you go? Somewhere where there are other nerds who will take your distributed ledger units in exchange for the necessities of life

    Trying to sell gold coins to pawn shop or gold dealer gets a bad price relative to IOU trading. Global bitcoin exchanges often have the best prices, but nations you’d want to escape will tend to have problems that put a premium on bitcoin because of its escape advantages over gold. The argument that you need to convince bakers in your new country to accept bitcoin is not real. But its easier than gold, tulips, or other currency, or land deed in civil war country. Replace baker with someone on craigslist, and its still easier.

    deflationary, which makes it a lousy medium of exchange. You’re basically saying that the supply of gold (or other material mediums of exchange) can increase, as if it’s a bad thing.

    You’re arguing here that paying with Bitcoin is bad for the payer because value is certain to go up. That means it’s good for the buyer/receiver, which makes it easier if you need something physical/consumable from your “wealth”.

    This isn’t a common problem in stable nation-states

    Bank panics/failures are frequent enough that the system relies on bailouts for them. Deposit insurance is something customers pay as a hidden fee, but often taxpayer bailouts supplement the failures. Settlement “failure” happens often too. “Trust me I’m solvent bro” is a bad system that has and will regularly fail.

    If the USA goes Mad Max even put aside the computers and network access needed to maintain a blockchain (other countries exist, etc), what is the impact of the evaporation of all the USD which were use to acquire BTC on the exchange rate for said BTC in the still-existing nations?

    USD has no relevance to value of bitcoin. Mad max with internet access can trade for go juice or guns and bullets. Gold would tend to have very low value because Fort Knox is indefensible. Preparing for global mad max is different than preparing for local chaos. Communal leadership skills you can use to convince building fortifications and somehow secure food access is needed for communal survival. Wealth onto you would come from an ability to impose hierarchical tributary power system.



  • The jewelry and industrial value of gold is minimal to its reserve value. Vast majority of gold is in form of bars sitting in national vaults. Zero intention of ever using those bars for jewelry/industrial applications.

    Bitcoin’s advantages over gold include

    1. proof, security, and cheapness of reserves including greater protection from war pillage.
    2. Cheaper and secure transactions. war, piracy, shipwreck proof. Divisibility is also a transactional advantage.
    3. wealth escape options, including banking/sovereign failure and sanctions.
    4. Cryptographic applications and protocol extensions including layer 2. But other crypto networks depend on bitcoin.
    5. Better “tokenomics” than gold. Mining supply of gold increases when prices rise, and also attracts jewelry owners to trade in their jewelry for it to be melted. New reserves always possible finds.
    6. Points 2 and 3 also make for faster and more secure banking system settlements. You don’t need to rely on counter party bank not declaring bankruptcy for next 3 days.

    Bitcoin is mostly USD backed?

    No. You can buy bitcoin miners in bitcoin. Electricity costs are always charged in local currency.

    There will never be a default on US debt unless it’s by choice. US debt is in US dollars, which the US makes. There will be inflation. Goods may end up being exchanged in another national or international currency someday. It won’t be Bitcoin.

    QE worked last time because China helped QE by also buying up US bonds. A much larger QE with US at war/tariff war with whole world will put USD at a credibility crisis, if not in next recession then the one after that. Fractional banking is the real ponzi scheme, and a banking crisis, a property collapse that causes bank collapse. Colonial currencies are not an option to escape USD devaluation, unless they free themselves from servitude. Chinese policy has so far not embraced strong currency value. Bitcoin will always be protection from financial collapse/decline.




  • temporarily increase the price so tech-bros (re: Elon) can sell at a massive profit.

    Actually it is similar to gold reserves (bitcoin is better) without advantaging competitor nations that have gone in on gold reserves already. There is an energy/mining motivation aspect as well as a populist widespread participation.

    In terms of “real purpose”, US debt can grow much more unsustainably, and there is something to fall back on when a default occurs. The tech bros that helped Trump do want to use other crypto projects for fintech and other innovation, rather than pump it and dump it.


  • $250 cash to Canadians instead of “a political gimmick” is the best spending any government can do. GST holiday is not terrible either.

    Ukrainian nazi out of cabinet is best for Canada. Marc Carney far more qualified. That nazi pig fucker, and other corrupt filth, complains about giving cash to Canadians just underscores her demonic evil. Ukrainian nazi as party leader is the only option that would make me switch my vote away from Libs, though CIA and our controlled media/politicians is/will fawn over it like the traitorous scum they are.


  • humanspiral@lemmy.catoMicroblog Memes@lemmy.worldSomebody call Luigi
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    4 days ago

    Ukraine needs nukes to protect themselves from crazies like you.

    step 1. promote policy to give nazis nukes
    step 2 … step 3. profit

    Please provide an alternative explanation to step 2 other than you being paid to say something that stupid. Literally, how is your prosperity enhanced from perpetuating war on Russia if you are not paid for your absurd lies?


  • humanspiral@lemmy.catoMicroblog Memes@lemmy.worldSomebody call Luigi
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    4 days ago

    Blatantly absurds disinformation. Crimean population overwhelmingly, 98%, welcomed Russian liberation.

    The Ukrainian government had bent over backwards for Russia

    Again, absolute absurdity that you have to be paid to recite, instead of a mere victim of media propaganda. But those victimized by reading your Empire drivel are forever doomed to being abused by their trust. It’s exactly like the 2 other points. You support complete demonic evil as long as you don’t notice the military spending crowding out prosperity (because media/politicians distract you), or about to see a military draft. NATO colonies are getting orders to suicide themselves to help Ukrainian nazis. That escallation is only possible because the stupid gobble up your warmongering evil narrative.


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    5 days ago

    The actual root of all evil in the world is the perception of immunity from blowback/consequences for evil. History starts on 9/11 and 10/7 or start of Russia special operation because “they hate us for our freedom” is the propaganda line instead of blowback for previous evil, and extermination is the only solution for the propaganda motive.

    The propaganda control and security protections to commit evil, means far more evil than “equalizers” whether its violence, or media coverage exposing the evil, or popular politicians demanding structural improvements that would punish evil. That media/politics side with US empire/oligarchy evil is the democratic failure that ensures evil, and condemns blowback against evil, as an opportunity to support more of it.



  • If every dumbass gives their $250 to Ukraine voluntarily, you can hopefully bless them with an extra month or 2 of war and destruction. So that Russia increases military production more, and our NATO master tells us we need to give up health care, pensions, and welfare to boost militarty spending to 3%.

    So the question is whether you have a quota as a traitorous US empire/CIA stooge, or Ukrainian nazi sympathizer, on posts diminishing Canadians into subservience?