Natoshi Sakamoto retweeted
Imagine if you earned 31.35 times what you earn now, and everything still costs what it currently does.
How much more would you be able to afford?
How much less financial stress would you have?
Now, imagine if you had always earned that much more.
And your parents earned about 20 times more than they did.
And your grandparents earned about 10 times more.
Imagine the generational wealth you'd have now.
That's how much the Federal Reserve has robbed you.
How did they do this?
By printing out more money, without tying it to anything of value.
When more money is in circulation, chasing the same products, it takes more of that money to buy those products.
That's why the increase in prices is called inflation, because it's caused by the inflation of the money supply.
Why did they do this?
Because they made sure that they, and their powerful friends, get the lion's share of all that newly-printed money.
Remember in 2020, when they handed out trillions to big businesses, and gave you $1200, and then stuck you with the bill for all of it?
And remember a year or so later, when the price of everything went through the roof.
Yeah. That's how that scam works.
As long as government is in control of the supply of money, they will use it to keep themselves and their billionaire sponsors wealthy at your expense.
But if money was provided by competing providers, they'd have a vested interest in their currency retaining its value, or even gaining value, so that you'd use theirs instead of the competition's.
Look at how Bitcoin has gained in value in the past 10 years, and compare it to how the dollar has lost value.
That's the difference between government and the free market.
Not only do we need to end the Fed, we need to get government out of the money business.
End the theft, for good.
Natoshi Sakamoto retweeted
The culture wars are coming to Bitcoin, which means it’s probably time to make a plan to permanently leave this app
Some people here still don’t understand that Bitcoin is for those you consider enemies
Are we really not welcoming progressives into Bitcoin?
Massive calculation error from some in the community
Luckily Bitcoin doesn’t care
Natoshi Sakamoto retweeted
Yes, and a person can believe two things at once.
1) Securities are pretty clearly defined by existing law. Some exchanges and token companies want an exception for themselves, tried to change the law, and ignored the law. A lot of crypto VCs/founders have also separated their monetary gains from the (lack of) success of their projects by drumming up hype and dumping their positions on retail 2 years in thanks to these exchanges (i.e. fast exit liquidity), unlike traditional VCs/founders that tie their fortunes more closely to the fundamentals of their businesses over the long run. So, there's a lot of similarity between modern day crypto operators to the boiler room operators in the 1990s. The modern day Stratton Oakmonts, basically. And people have rightfully developed negative heuristics for crypto, similarly to how they developed negative heuristics for penny stocks, after countless scams.
2) The process to register a security should be streamlined in the 21st century. Seems obvious. If people want to bet on digital penny stocks or moonshot early-stage innovations or collectibles from their favorite singer, they should absolutely have a path to do so even if it's usually not a wise financial decision. Some basic disclosures should help with that. And to the extent that people want to trade those things, there are safer environments to do it than others (e.g. audited exchanges with proper separation of funds, and separations between exchanges and securities issuers and market makers rather than all being the same entity). The SEC has thus far not really prevented people from getting hurt financially, and generally comes in afterward like a vulture, so they're not the heroes here either.
BTC Twitter is getting quiet for me, as I'm blocking all the homophobic assholes. – at Missouri, USA
Natoshi Sakamoto retweeted
Breedlove should be renamed to Spreadhate.
It’s not about pride = feeling better as others.
It’s about pride = being bold to go in public and say I’m queer and it’s ok although society wants me to shut up. Historically and in many countries LGBTIQ still face discrimination, abuse, persecution up to the death penalty.
Natoshi Sakamoto retweeted
The preferred currency of the illegal drug trade is the United States #dollar, not #bitcoin @SenWarren .
Natoshi Sakamoto retweeted
The mob was armed by the government, and stopped by heavily armed Black civilians.
Weird how he skipped that part.
The story of the Tulsa Race Massacre — an attack waged by a violent white supremacist mob — for too long has been shrouded in silence.
Today, we remember the hell that was unleashed that night — the Black lives lost and Black wealth extinguished.
Our work to build opportunity for communities like Greenwood continues.
Natoshi Sakamoto retweeted
I reckon sub 1% of the global population understands the #bitcoin halving…
Natoshi Sakamoto retweeted
I don’t yet believe what DeSantis says about Bitcoin. Florida is aggressively banning books in schools. Not what a Bitcoiner would do. Listen to not what people say, watch what they do. I hope my skepticism is unfounded. It’d be great to have more Bitcoin supporters in the U.S.
These are the groomers and pedophiles we should be worried about.
I don't see drag queens on this list. – at Missouri, USA
Breaking News: More than 1,900 minors were abused by people in the Catholic Church in Illinois over almost seven decades, the office of the state’s attorney general said Tuesday in an investigative report. nyti.ms/424J66e
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Natoshi Sakamoto retweeted
"As of today..."? They've been violating their oath & enforcing arms laws for well over a century. Not to mention civil asset forfeiture & the violation of rights that come with the drug war. We haven't been able to trust law enforcement in any state for a very long time.
Natoshi Sakamoto retweeted
Let's not overcomplicate this:
You and your friends on Capitol Hill, Democrat and Republican alike, have spent hundreds of trillions of dollars, and ran up $31 trillion of debt.
And now you want us to pay for it.
It's really that simple.
Natoshi Sakamoto retweeted
If you react negatively to @JasonPLowery ‘s thesis without studying it, you are a derivative of the Peter Schiff attitude to Bitcoin. The point is not whether bitcoin SHOULD be used as projection of power. The point is your enemies can use it this way. Pretending this application does not exist is not a great strategy.
Don’t be a Schiff!
Orange 💊 my girlfriend.
Me: "yeah I pay the gas bill when you mention paying the rest, I never look at it"
GF: "You're getting a 50¢ late fee then! I'm changing my payment calendar and you can just send me that 50¢ in Satoshis!"
#createdamonster #WAGMI – at Missouri, USA
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