Oddbean new post about login | logout I don’t think it will feel like a bull market until we go and stay above $100k but once we do, that’s the new floor. It’s going to be interesting to see how yanks handle the resistance there compared to those of from British colonies. I feel like we’ve got an advantage from cricket knowing how hard 100 as a barrier is. But yes it feels like a convergence is coming. We get the good first and then we all get to suck eggs and deal with this shitshow in earnest. People should think about where they want to be and what they want to be doing when that hits because I don’t think you’re going to be so free to jump on a plane with 12 words in your head at that point..
Scary thought to end on but I tend to agree. Global borders seem easy to cross again now but only a few short years ago people were hiding in the boot of their car just to cross state lines. The memory of covid tyranny is fading for many. Certainly feels like we could be in the calm before the real storm. The establishment won't go down without a fight and they have more tools at their disposal for this fight than we can imagine. Its all fun and games to talk about how bitcoin ushers in a new world. Its another to live through the transition. But where to go? I have seen you post the map of countries with US extradition. That might be a start but I am not keen on how many of those places look either. As we move towards the pointy end of the stick I need to change from dreaming about escaping to planning an escape.
Most people have serious problems coming to terms with the fact that "jurisdictional arbitrage" means more often than not moving to places where they don't want to live. Hear me out: that's only if you want to do things 100% above board. At some point we will be forced to give up one of the following: 1. Our way of life, by moving to a place we don't like in principle at least 2. Our wealth, by surrendering it to our government in exchamge for staying where we want to live 3. Our safety and peace of mind, by working in the gray and black legal areas of the jurisdiction where we want to live
My problem is knowing where I can go to give up point 1 without also eventually giving up point 2 and 3.
The establishment won’t go down until at minimum a few hundred of them are guillotined or hanged. That’s the flip side of “you can’t vote your way out of this” that nobody wants to reckon with. The way out is blood. Theirs. It is in reminding parasites that they are flesh and bone and no-one is ready for that so you need to work out what the tyranny will look like and if you can handle it because the way out is behind thousands of people risking their own lives to show these people and I don’t see it coming. You mightn’t like the options on my “the US doesn’t rule the world” map but I would challenge you - how many of those places have you spent time in to know the reality on the ground versus judging from what you think you know of them from your Western propagandised lens? Remember we supposed live in a “liberal democracy” but the reality on the ground doesn’t match what it says on the tin..