I sat down with Mel Mattison to discuss the Fiat Endgame, the history of central banking, the eurodollar markets, the bi-monthly meeting between central bankers at the BIS, and how to prepare for the collapse in confidence in the dollar.
Hell of a rip.
https://www.youtube.com/watch?v=YIhoniJ2xgY
It’s always great sitting down with Peter St. Onge.
What would happen if the US eliminated the income tax and raised tariffs?
Why should you be nationalistic?
How doomed is the dollar?
All of this and more answered in this rip.
https://youtu.be/xTtGsj3LM9w
The @RabbitHoleRecap x @PUBKEY Hot Style Takeover is going to be the event of the week in Nashville next month.
Comedian roaster: acquired
Mariachi band: hired
VIP tix: sold out
Join us for an afternoon of laughs, food, drinks and bitcoin talk.
pubkey.bar/rhr
https://m.primal.net/IxfW.jpg
Over the long term bitcoin has proven to be the best safe haven asset to protect individuals from currency debasement, censorship and governments getting absolutely plastered on debt. During times of financial stress people need cash and they will look to get into cash as quickly as possible and bitcoin is the asset that gives them the speed they desire.
https://www.tftc.io/is-the-bitcoin-price-drop-a-sign-of-a-liquidity-crunch-on-the-horizon/
Bitcoin is the best alarm system in markets today. This price dump is probably less about Mt. Gox coins being sold and more about some liquidity crisis on the horizon that is metastasizing behind the scenes.
Corporate execs at publicly traded companies are waking up to the fact that building a bitcoin treasury is being rewarded by the market.
It makes more sense for private companies. We've seen the power of bitcoin treasuries for startups at Ten31.
https://www.tftc.io/sats-flow/
The Late Stage Fiat Melt Up leads to unsustainable spending and an unsustainable increase in despair. This is what happens when you continuously manipulate and corrupt the price of money.
To fix this grave injustice we must fix the money.
#bitcoin
https://www.tftc.io/late-stage-fiat-melt-up/
The evolving situation at Evolve Bank is yet another reminder that every company should be holding a significant portion of their corporate treasury in bitcoin in case shit hits the fan and access to their banking infrastructure gets cut off.
https://www.tftc.io/evolve-bank-cease-and-desist/
Bitcoin is the Manhattan Project of the 21st century.
Instead of getting the greatest minds in the world together to build nuclear bombs (or convince the public that they did), the greatest minds are building out a network that tips the balance of power towards the individual.
The Fed issued an enforcement action against Evolve Bank & Trust today. Would keep a keen eye on this story if you use Mercury as your bank. They’re essentially a front end for Evolve.
https://m.primal.net/IkqG.jpghttps://m.primal.net/IkqH.jpg
I just rode my 10 year old rusty beach cruiser 3 miles going straight into 30 mph winds coming off the ocean. You could never replicate that workout on a Peleton. Heart of a champion. Most prolific zapper ever.
Left the bike unlocked on the corner and it’s still here. It’s either the power of the small town or the aura the bike gives off. People know it belongs to the most prolific zapper ever and understand not to touch it.
https://m.primal.net/Iibb.jpg
I sat down with @MatthewPines to discuss bitcoin and the election, why the US should embrace bitcoin, BRICS nations looking to take the lead on energy and AI, and why the US needs an inspiring vision.
One hell of a conversation with a ton of signal.
https://www.youtube.com/watch?v=ShZx05hJdhM
If any of the individual nations within BRICS (and outside of BRICS) were thinking clearly they would be transitioning to a monetary system that is controlled by no one country or coalition of countries.
https://www.tftc.io/brics-us-dollar/
Real estate investors are beginning to wake up to the fact that their assets have been plummeting in bitcoin terms. This is a big step toward hyperbitcoinization.
Real estate as a store of value doesn't make sense in a world in which bitcoin exists.
https://www.tftc.io/real-estate-in-bitcoin/
What a rip with Ian Carroll.
We covered the COVID madness, Intel agencies running the government, fiat currency wars, opting out with bitcoin and Nostr, cross pollinating with like-minded/liberty-focused communities, and much mroe.
We're going to win.
https://youtu.be/Oa49waMnqh4?si=kgp85-dXyUvGj886
The only way to truly send a message to Wall Street and right the wrongs brought to the world by the ills of a fiat monetary system that embeds perverse incentives into the financial system that favor a certain class of people is to not play their game.
https://www.tftc.io/gamestop-bitcoin/
"Hunter's job was to bring in the bacon. He actually complains to his daughter Naomi that he has to give his dad half his salary for 30 years." - Garrett Ziegler
https://youtu.be/9Cnf-dtC-TY?si=ldgYcMOJLDtolIm1
Nothing exudes strength and confidence like shitting yourself in front of 100 year old WWII veterans and having to be escorted off the stage by your wife in front of the French President and his husband.
"Politicians have the incentive of just giving away the Treasury and entering huge amounts of debt, and that doesn't just destroy the structure of the government it destroys society."
- Nayib Bukele
https://m.primal.net/IaSj.mov
The Spiritual Battle is real. Evil depends on people thinking there isn’t a spiritual battle so they become complacent.
More people being aware of the battle favors Good.
One has to imagine that push is about to come to shove and a lot of the unrealized losses sitting on these bank balance sheets are about to turn into realized losses as banks are forced to sell underwater assets to service other parts of their business.
https://www.tftc.io/problem-banks-fdic/
The number of banks on the FDIC’s “problem banks” list increased by 21% since Q4 2023 from 52 to 63 with total assets at risk rising by 5.2x from $15.8B to $82.1B.
Not ideal!
https://m.primal.net/IXtr.jpg
During this relatively boring period of ten weeks a number of announcements have been made that should have anyone who is paying attention to bitcoin for any period of time as bullish as they can possibly be.
https://www.tftc.io/bitcoin-bullish-set-up/
"Another way to think about this: when you ask GPT a question, the answer is effectively what you’d get if you asked every person on the internet that question, and then averaged out their answers."
Good read on the limits of AI.
https://blog.wispem-wantex.xyz/posts/the-great-ai-stagnation/
“Ethereum is the mother asshole from which all shitcoins emanate.” -@saifedean
The Ethereum team has created a depiction of the “mother asshole” here.
https://m.primal.net/IWbJ.jpg
Historians will write about the end of the dollar as the world reserve currency and they will reference the year 2022 as the year it lost the crown.
https://m.primal.net/IMCi.jpg
@btcpayserver is one of the most important open source projects built on top of the bitcoin network and it has been awe inspiring to watch what the project has been able to achieve in less than seven years.
https://www.tftc.io/btcpay-server-documentary/
"#Bitcoin is opt out technology. So you don't have to persuade people. You can just unilaterally use better money, hard money."
@adam3us in @btcpayserver's documentary 'MY TRUST IN YOU IS BROKEN'
https://m.primal.net/IKoQ.mov
This guy did a deep dive on Farcaster so we don’t have to. Farcaster just raised $150m at a $1b+ valuation with 45k daily active users that seem to be mostly bots.
For context, Twitter has 250m DAU and is probably worth ~$50b. So Farcaster is valued at 2% of Twitter’s market cap with 0.02% of its DAU. 🤡🌎
Investors are going to burn billions on unworkable Web 3.0 apps while Nostr gets stronger by the day and grows organically. No blockchain needed.
https://m.primal.net/IKoF.mov
I can’t believe it took me 7 years but I finally sat down with my good friend @bitstein to discuss money as technology, the art of bitcoin rhetoric, the revitalization of @NakamotoInst and sustaining bitcoin for generations.
The work the @NakamotoInst is doing to educate people about bitcoin and the technologies and economic theory that preceded it is incredibly important. If bitcoin is going to last for generations it is imperative that knowledge is preserved and passed down.
https://www.youtube.com/watch?v=IoUwBbfZyfo
Consider donating to their efforts to redesign the site. The best money in the world deserves institutions that impart timeless beauty.
https://pay.zaprite.com/pl_saYgrVYmCi
It's very early days for eCash on top of bitcoin, but it is showing a lot of promise. The beauty of bitcoin is that it is opt-in. If you don't want to use eCash you don't have to. I think it is misguided to write eCash off while it's still in the cradle.
https://www.tftc.io/bitcoin-fixes-ecash/
It’s a trade off that users should be aware of! The permission-less nature of mints should breed a competitive landscape that punishes those who fractionally reserve their mints and rewards those who don’t.
I sat down with Dustin Kittle to discuss corruption at the Farm Credit Administrations and the Farm Credit banks around the country, how they are pushing small farmers out of the market and selling farmland to foreign nationals.
https://www.youtube.com/watch?v=iTNaWcQERy8
Newsletter subscribers got introduced to our new TFTC Rewards program today. If you received the email, read the announcement and referred a friend, let me know what you thought of the UX flow.
For those who are not subscribed, we’re leveraging Nostr Wallet Connect + Ghost to create a way for us to reward newsletter subscribers for helping us grow the TFTC community.
Much more to come, including much more content distribution via Nostr.
If a country wants to preserve their wealth in a way that cannot be messed with they would leverage bitcoin, which cannot be controlled by any one person, business or government.
https://www.tftc.io/russia-seizes-western-bank-assets/
Things may seem chaotic and that's because they certainly are. However, it's never been easier to build your way out of tyranny. The future is bright if you look in the right places.
If the White House determines that Chinese sourced electrical transformers, data centers and bitcoin mining hardware is "foreign-sourced equipment potentially capable of facilitating surveillance and espionage activities" we may have a problem.
https://www.tftc.io/white-house-executive-order-bitcoin-wyoming/
It's always great sitting down with Tom Luongo to discuss the state of the world.
We caught up on Friday to discuss Powell, Davos, Tether, peak oil, and much more.
The power struggle for control over the individual in the 21st century is heating up.
https://www.youtube.com/watch?v=6l0BDBVcl1o
Bitcoin is, quite literally, the biggest threat to the existence of central planners because it enables individuals to opt-out of a system dependent on trusting central planners.
The fact that they're deriding bitcoin is a good sign.
They're scared.
https://www.tftc.io/harari-bitcoin/
“The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto
Don’t let nihilistic malthusians like Harari try to convince you that governments and central banks deserve our trust. They have proven time and time again that they most certainly cannot be trusted.
This is a terrible psyop to try to wage when the whole world is feeling the pain of inflation caused by governments that can’t be trusted. They’re not sending their best!
https://m.primal.net/IFOI.mov
The US bailing out Japan in an attempt to prevent them from dumping their US treasuries is a signal that you should be paying attention to.
https://www.tftc.io/us-bails-out-japan/
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