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Thread: Bitcoin....who's gotten into it?

  1. #18301
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    Quote Originally Posted by stalefish3169 View Post
    Cool story bro. The bond market thinks you're so fucking stupid. Nobody wants to buy the long dated debt. https://x.com/charliebilello/status/...eYJuQ39_Q&s=19
    What does that have to do with preventing the Iraq war?!? Do bond price signals ripple backwards through time?

  2. #18302
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    Quote Originally Posted by stalefish3169 View Post
    It's this kind of shit that has made Bunion's TDS reach a fever pitch. David Brooks (the conservative voice lol) thinks Elon is on the level of Pol Pot, Mao, and Stalin. LMAO Elon is a douche with a huge ego, but this is just bananas. Also, why are GWB and Cheney not on the list for the deaths of up to 1M? Because Shrub hugs it out with Michelle? https://x.com/WesternLensman/status/...y2Rb_iqHg&s=19
    Musk was directly responsible for destroying USAID. Those cuts are killing people today. If they are not reversed, they will kill millions of people that would not have otherwise been killed.

    Already, thousands of babies have been born with HIV that otherwise would have been healthy because their mothers medicine was cut off.
    https://www.bu.edu/sph/news/articles...-funding-cuts/

    But hey, at least least your magic money is up, and that is what is most important.

  3. #18303
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    Quote Originally Posted by J. Barron DeJong View Post
    What does that have to do with preventing the Iraq war?!? Do bond price signals ripple backwards through time?
    https://www.google.com/amp/s/www.cbs...lion-interest/


    "The ultimate cost of the nation's engagements in Afghanistan and Iraq, on top of the incalculable personal toll on combatants and civilians, reflects a shift in how war has typically been financed. From the American Civil War through the Korean War, the U.S. government has mostly paid for its conflicts through taxes and war bonds. But in the post-September 11 era, U.S. military spending has been financed almost entirely through debt."

    Elon is a fucking side show. Comparing the dude who was arguably the first to successfully mass market EVs to literal mass murdering despots is insane. Do I feel for people who got their assistance cut off who legitimately needed it? Yeah, I do. But at the end of the day, the people running up the tab for their own benefit (hint: David Brooks and Paul Krugman et al. are their mouth pieces) are the real problem. BTC is just one tool to neuter them. I'm sorry if you can't or don't want to believe that.


  4. #18304
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    Yeah, but your fallacy is believing that fiat money is what allowed it to be financed by debt instead of taxes or war bonds (which are also government debt, FYI).

    It was a choice by the government to do that, and they could have made the same choice if the debt was denominated in gold, or in Bitcoin. As long as investors trust that the US government will pay them back, then the government will be able to borrow (at rates that reflect the risk of NOT being paid back, or that inflation will eat away at their investment).

    Regarding Musk, if not for him, USIAD would have continued funding aid to the poorest people in the world. That aid was a tiny fraction of US government spending. Now people are dying. This is not some tenuous link.

    If you think we never should have been providing aid, I guess you can argue that. But the fact that we are now not providing aid is due to Musk. His decisions are responsible for people dying right now.

  5. #18305
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    Coming around to the realization that stale is a sociopath.

  6. #18306
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    And you just obtusely believe that your gov will always know what.to do. Which is moronic. The economic evidence is irrefutable.

    The world will no longer want as much us fiat. It's that simple. We've been out over our skis for too long. 3T deficits forever. 60T national debt by 2035.

    You must hate your children. What a guy.

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    More rate cuts, more printing, more debt, more weakening. Capital will look elsewhere

  9. #18309
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    That is all a governance problem, not a fiat problem!

    Bitcoin does not replace the need for competent governance!

  10. #18310
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    It is also really fucking rich to say that we need Bitcoin to protect us from poor governance while the crypto industry is spending hundreds of millions of dollars to undermine good governance. It is a fucking racket.

  11. #18311
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    Quote Originally Posted by J. Barron DeJong View Post
    Coming around to the realization that stale is a sociopath.
    No bro. I've been stating for years that unchecked imperialism is bad. People were fine pulling the lever for DEI hire Kamala and genocidin' with Biden in Gaza but lose their minds when Elon tries to cut gender studies for butterflies. Just look at you and Bunion... completely unhinged.


  12. #18312
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    Jong- wah help me government. Do everything for me.

    Gov- exactly mouth breather.

  13. #18313
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    Quote Originally Posted by stalefish3169 View Post
    No bro. I've been stating for years that unchecked imperialism is bad. People were fine pulling the lever for DEI hire Kamala and genocidin' with Biden in Gaza but lose their minds when Elon tries to cut gender studies for butterflies. Just look at you and Bunion... completely unhinged.
    Sorry, are you suggesting that feeding starving people and providing AIDS medicine is imperialism?

  14. #18314
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    Quote Originally Posted by byates1 View Post
    Jong- wah help me government. Do everything for me. Gov- exactly mouth breather.
    Again, WTf are talking about. My wife and I both work full time, in private industry. Neither of us has ever collected unemployment.

    But a strong stable government is what made us a rich country, and one party is destroying that as we speak.

    And the fact that stale thinks Elon only cut butterfly studies speaks volumes about the bubble he lives in.

  15. #18315
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    Quote Originally Posted by J. Barron DeJong View Post
    It is also really fucking rich to say that we need Bitcoin to protect us from poor governance while the crypto industry is spending hundreds of millions of dollars to undermine good governance. It is a fucking racket.
    What good governance do we have? That ship sailed a long time ago. Chuck and Nance aren't going to save us and the genius Dem leadership has hired an obese chick to win over young male voters! Seriously, WTF?


    https://www.instagram.com/reel/DJDEk...5tNHd6bTBuYm96

    https://x.com/CollinRugg/status/1928...D4RdREJCA&s=19


  16. #18316
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    And speaking of sociopaths, let's not forget the entire Dem party and all of their McKinsey brats, along with most of the media, who were totally fine with Weekend at Bernie's-ing Biden while they all scrambled to advance their own careers even though anybody with any semblance of reality knew bro was completely and utterly cooked.


  17. #18317
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    Welp, we have ourselves a Cono junior...

  18. #18318
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    And yet this is just fine.
    Tulsi Gabbard wants to turn President Donald Trumps daily intel briefings into Fox News-type broadcasts because he oesn’t read.
    Gabbard is reportedly contemplating bringing in a Fox News producer and host to reshape the Presidents Daily Brief. Source ———> https://www.thedailybeast.com/tulsi-...l-doesnt-read/
    2/09/2018 Trump rarely if ever reads the President's Daily Brief, a document that lays out the most pressing information collected by U.S. intelligence agencies from hot spots around the world. Instead he prefers verbal briefings with maps, charts, pictures and videos, as well as killer graphics, as [CIA Director Mike] Pompeo put it. The story describes the briefing Trump gets as distilled and as coming from a shortened version of the written brief.
    And its not like this is new. Biden is gone, show me on the Biden doll where he hurt you.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  19. #18319
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    And this?
    Last week, Trump pardoned Todd and Julie Chrisley, a reality-TV couple serving time for a $30 million conspiracy to defraud banks; their daughter appeared at the Republican National Convention last year and on Lara Trump&rsquo;s Fox News show.

    He pardoned Newsmax commentator Michael Grimm, a former member of Congress who once threatened to break a reporter in half &ldquo;like a boy&rdquo; and throw another off a balcony at the U.S. Capitol, and who spent seven months in prison after a conviction for felony tax evasion.

    He pardoned former Virginia sheriff Scott Jenkins, calling him &ldquo;a victim of an overzealous Biden Department of Justic and a wonderful person, who was persecuted by the Radical Left monsters, and left for dead. In March, Jenkins was sentenced to prison for taking $75,000 in cash in exchange for giving law-enforcement badges to eight civilians&mdash;but, says Trump, he &ldquo;doesnt deserve to spend a single day in jail.
    Trump also commuted the sentence of Imaad Zuberi, a $900,000 donor to Trump&rsquo;s first inaugural committee who was convicted of falsifying records to conceal his work as a foreign agent and obstructing an investigation into the fund.

    He pardoned Paul Walczak, a former nursing-home executive who was sentenced in April to eighteen months in prison after he pleaded guilty to tax crimes involving the personal use of funds earmarked for employees. Walczak&rsquo;s mother, Elizabeth Fago, raised millions for the Trump campaign and was nominated to Trump&rsquo;s National Cancer Advisory Board. Walczak made note of Fago&rsquo;s donations on his pardon application, along with her efforts to hurt Joe Biden by making public the private diary of his daughter, Ashley Biden, an incident that prompted a DOJ investigation.
    Three weeks after Fago attended a $1 million dinner at Mar-a-Lago, Trump signed a full and unconditional pardon for her son.

    Trump also commuted the life sentence imposed in 1998 on Larry Hoover, the founder of a criminal gang known as the Gangster Disciples, which was implicated in drug trafficking, money laundering, and even murder across 110 cities and 31 states. Meanwhile, for those keeping score, Kilmar Abrego Garcia remains in an El Salvador prison despite a Supreme Court order directing that Trump facilitate his return to the United States. Abrego Garcia is too dangerous to be afforded basic due process or to re-enter the United States, Trump says, because of his supposed gang membership&mdash;but an actual convicted gang leader and murderer deserves a commutation.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  20. #18320
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    But that damn Biden.....

    TDS you say? I wonder why....
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  21. #18321
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    Quote Originally Posted by Bunion 2020 View Post
    But that damn Biden.....

    TDS you say? I wonder why....
    It's because the Dems are so bad at politics and their entire platform has devolved into only "Hey, we're not Trump" is why we have Trump. You and Jong act like getting rid of Trump just magically fixes everything. What you guys fail to grasp is that I think both the blue and red teams are really freaking bad and our current system (more debt, no accountability) enables their shenanigans.


    Also, isn't Cono a Republican and Trump supporter?


  22. #18322
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    You and Jong act like getting rid of Trump just magically fixes everything.
    When you have a cancer, the first step is treatment.
    What you guys fail to grasp is that I think both the blue and red teams are really freaking bad and our current system (more debt, no accountability) enables their shenanigans.
    I will not in anyway attempt to speak for Jong. I do agree with all of the above and where WE differ is that I do not accept the idea that BTC will cure the nation of the aforementioned Carcinoma.

    I do believe Cono is the exact same political mindset as you, take that however you choose.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  23. #18323
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    Quote Originally Posted by Bunion 2020 View Post
    When you have a cancer, the first step is treatment.
    I will not in anyway attempt to speak for Jong. I do agree with all of the above and where WE differ is that I do not accept the idea that BTC will cure the nation of the aforementioned Carcinoma.

    I do believe Cono is the exact same political mindset as you, take that however you choose.
    The cancer is the corrupt two party system and the way its leaders wrecklessly print infinite dollars.

    If you think this is the fix and doesn't embolden Trump, then you're just Blue-MAGA.

    https://www.youtube.com/watch?v=4EpUpC9fCSg


  24. #18324
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    The two parties recklessly print infinite dollars?

    First of all, the Fed is independent and they are the ones who control the money supply, the printing of dollars. But more importantly, of other than the global inflation due to the covid shock, inflation in the US has been low and stable for decades.Often times too low, leading to unecessarily high unemployment.

    Again, you have no clue what you are talking about. You think you have seen the truth, but you are living in a conspiracy bubble.

  25. #18325
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    Quote Originally Posted by J. Barron DeJong View Post
    The two parties recklessly print infinite dollars?

    First of all, the Fed is independent and they are the ones who control the money supply, the printing of dollars. But more importantly, of other than the global inflation due to the covid shock, inflation in the US has been low and stable for decades.Often times too low, leading to unecessarily high unemployment.

    Again, you have no clue what you are talking about. You think you have seen the truth, but you are living in a conspiracy bubble.
    The fed is independent??? LOL

    Inflation is too low? LOL, LMAO even




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