@Speedster71
Pilot, Bitcoin Pleb
No relay list published yet.
Recent Notes
A lot of people still evaluate bitcoin the wrong way. They pick one date on the chart, pick another date a few years later, and declare victory or failure based on the gap between those two points.
T...
If you have steady income, are a good saver and don’t mind the volatility you can maximize this effect Trey describes by converting 100% of your salary to bitcoin when you receive it, then sell what you need to cover bills as they come in.
2
Who would have thought that a meeting on this lovely island over 100 years ago would have created so much misery.
4❤️3🤙1
Larger European war would be a certainty
Hopefully they would see where the euro was going and surrender to sound money first.
1
every sanctioned energy rich country likely has a bitcoin mining operation
easiest way to monetize their energy
Russia should start demanding Europe pays for its gas in btc, the euro would be printed to oblivion before the years end.
1
Big timber is the way
Little girl loves hanging with the birds on the deck
#dadlife
https://blossom.primal.net/b78f2da1090be90a4a14ae514fd7de4be33fa4f724a70fc8b913cf0fc06ee553.jpg
First up awesome timber frame. What were your considerations for the steel braces? Time, cost, ease? Looks like a beaut spot to sit outside and watch the world go by.
1❤️1
"Hyperinflation is a series of bad decisions that starts when governments go into too much debt."
Just added "When Money Destroys Nations" by Philip Haslam & Russell Lamberti to bitcoin-resources.com...
This is a great read that clearly details the practical effect on peoples lives, spoiler alert it’s not good. You need to move early and be resilient/self sufficient to survive.
Paarlberg’s focus on political regimes is useful, but I’d argue inflation’s modern triggers are more structural—like supply shocks. Your note on bonds reminds me of a piece I read on how a Hor...
Hi Priya thanks for sharing the article it was a good read. Interesting that in Paarlbergs book only one of the 15 inflation cases he presented was natural (the plague which reduced worker supply) the other 14 were man made. While i concede not every modern ‘price inflation’ is caused by inflation of the money supply they are more often caused by man than nature. Thanks government and central banks.
Just finished a really interesting read, ‘An analysis and history of Inflation’ by Don Paarlberg. It covers 15 historical inflations over time and under various political and economic regimes. Pretty easy reading. It has a good summary and an interesting discussion of possible ways to limit the effects. It was written in 1993 so our favorite solution is not included but its an interesting thought experiment to pit it against the ones offered. Note to self, don’t hold government bonds.
2❤️1
