What this also means is that Bitcoin is absurdly undervalued! Which we already knew.

1

This springs to mind. https://blossom.primal.net/b846c4797fd49915e65ff20b60713d61d3c12cd5b8a4a0044314549590e24404.jpg

I can't quit thinking about this... I've often wondered how anyone making even the average household income survived with the constant devaluation of the dollar. Now it's clear - they're slipping beneath the surface at an accelerating pace!

They never considered the poverty line as questionable? This author is a fucking twat.

so this is like 70+% of the country? time to opt out of fiat

Third world vibes: "We have created a system where the only way to survive is to be destitute enough to qualify for aid, or rich enough to ignore the cost. Everyone in the middle is being cannibalized. The rich know this… and they are increasingly opting out of the shared spaces:"

😥

🫂🫂🫂 No wonder many of the kiddos aren’t all right … so how to penetrate minds and souls matters

Decades of regulations preventing necessary housing from being built (single family zoning, environmental regs weaponized by NIMBYs) have made housing insanely expensive. Housing shouldn’t be treated as an investment. It’s a necessity to live. Sorry if building more housing may hurt a homeowner...