pull down to refresh
Let's remember that most people are asleep regarding the orange pill and money in general. Everyone chases money, but very few study it or truly understand what they're chasing.
Mass deportations didn’t solve affordability
I think what they were trying to achieve with the mass deportations wasn't to lower rents, but to reduce the crime rate. It's no lie or secret that the previous administration left the doors wide open to immigration, resulting in an excessive influx of people without any screening. This, in turn, led to a flood of criminal immigrants whose interest wasn't in becoming part of the workforce or the working class. The US needed a thorough cleansing of all these undesirables, and that's what Trump is trying to do. Furthermore, the increase in rents is more closely linked to currency devaluation and silent inflation than to migrants. And to this we must add that most people are concentrated in specific cities, which, of course, increases the demand for rentals and their price.
For me, it has been the “Lunaticoin” podcasts. Without a doubt, they have been the most innovative and necessary content I have been able to consume in recent months. Their podcasts feature history, current events, data, metrics, other people's experiences, quality information, a lot of hard work, and above all, a lot of passion.
I honestly don't think Saylor is worried. He is one of the largest holders of bitcoin in existence today, he has the ability to raise money with virtually free debt, and once again, he is one of the largest holders of the best collateral that has ever existed. Furthermore, the “experts” who criticize or disapprove of his way of operating are the same ones who approved the bonds that led to the 2008 financial crisis. I think everything we are seeing is just noise. Saylor will continue to move forward and accumulate more Bitcoin. If he wasn't liquidated when BTC fell to $15,000, I don't think they will be able to liquidate him with his current level of Bitcoin holdings and the current price of the asset. Furthermore, although Bitcoin could fall in price a little more, we are at a level of institutional demand never seen before. I think the price is being manipulated and held back. It's only a matter of time before we see new highs and their Bitcoin holdings and ours continue to appreciate against fiat money. The price moves in cycles and fractally. At any moment, this pullback will end, and we will see the formation of a new upward fractal.
These are days of great uncertainty! The same expression and feeling your mother felt is what most Venezuelans felt, but there is still a long way to go before we can be completely free.
The same with those who don't understand how the legacy systems works, they tend to remain loyal to such ignorantly.
Exactly! 🤝🤠
Excellent, the book they assign for reading in schools is very good and comprehensive. I assigned it to my daughter a few weeks ago, and she is already reading it for the second time.
If you try it and doesn’t like it, you can walk away.
Excellent post, the only thing I disagree with is this: if someone tries Bitcoin and then decides not to use it, it's simply because they don't understand it yet, they haven't studied Bitcoin or government money enough.
Good luck and thanks for sharing these thoughts. 🤝🤠
I completely agree, bitcoin awakens us from the systematic illusion of money. Once you study it and study the money that exists today, you realize that what we knew as money was a lie, a lie that is entirely sustained by third parties. Bitcoin eliminates all that, and you see that price is only a secondary factor (without denying that its appreciation is extremely important), but leaving price aside, bitcoin fulfills the most important functions. It legitimizes your property (your SATS are truly yours, as long as you keep your private keys safe), works without third-party permission (you don't need third-party approval to use or move it), and even eliminates visibility into what you have or don't have (the numbers in a bank account are totally controlled and monitored by other people, UTXOs are yours, and others have no way of knowing they are yours) and, more importantly, it eliminates the risk or limitations of fleeing to other countries with your wealth under your arm or in your head (to take your money out of the bank, you must justify why you are doing so, and if you want to take it to another country, you need approvals and must wait for them to be authorized). With Bitcoin, you are truly free with your wealth.
I guess the take away is that if the US government can figure out a way to indict you of an offence that warrants arrest, they can come into your country and take you away regardless of your station in government.
I think this is nothing new and not a surprise. The strongest and those with the most weapons have always dictated the rules and regulations; it's always been that way. On the other hand, although drug trafficking exists, this goes beyond that; it's a matter of geopolitics and strategic warfare. The Venezuelan government had the Russians manufacturing weapons in what could be considered the US's backyard. Venezuela is much closer to the US than Russia itself. The Venezuelan government was also allowing the Iranians to manufacture weapons in the same backyard as the Russians, not to mention the rare earth business, which is almost entirely controlled by China (minerals that are extremely necessary for manufacturing modern weapons technology). The Chinese were extracting rare earths from Venezuela and smuggling them out through Brazil and Colombia. So, without even mentioning the drugs and the fact that he's a dictator to his people, the Maduro government represents a direct threat to US interests. While they have intervened in other countries in the past on other issues, perhaps minor ones, it cannot be denied that this issue with Venezuela is far too complex and important. And obviously, Trump will seek and find the necessary conditions to act and neutralize that situation. And if, along the way, Venezuelans free themselves from the 26 years of Socialism that have impoverished them, then obviously this action against the Maduro regime should be supported. IMO
No matter where you are in the world, I think the pension system is a scam. The only truly secure pension or retirement is the one you secure yourself, through work and savings in assets over decades. Thinking that the state does a good job of taking care of us when we can no longer work is a more profound illusion than the current state of paper money.
I completely agree.