car driver, bed sleeper, masticator, all views and bio's are mimiced

Sydney, New South Wales
Joined May 2017
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In 2011, #Bitcoin fell below $20 In 2015, #bitcoin fell below $200 In 2017, #bitcoin fell below $2,000 In 2022, #bitcoin fell below $20,000
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Technologies tend to have s-shaped adoption curves: slow, then fast, then slow again. #bitcoin seems to follow a similar curve. Yet, I expect the price of #btc to continue to have diminishing returns (no "fast" period). Why? Adoption and price are not the same thing. 馃У
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Replying to @brockm
In an era of weak money, people add a monetary premium to other assets (stocks, second homes, art, etc). Satoshi's proposition is to try to offer better money. The altcoin approach is to extrapolate the existing system to its extreme, and thus monetize literally everything.
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Auction is a festival celebrated every Saturday in Sydney & Melbourne. Bid strong at Auction today. Remeber winning at auction is best feeling in the world... @RBASHAGGER @solo_dio_
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A financial system founded on excessive debt & cheap money can't handle significantly higher rates without a major calamity. There is a limit to how much the Fed can actually raise rates. Simple math.
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Sure Canberra was full of highly educated numerate smug people on ebikes before, but now their power prices went down while you got rugged by fossil capitalism insanity. So yes, they鈥檙e even worse now and probably using their money to go skiing.
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Like a car losing control while going 90 miles an hour on sheet ice, there will be scores of people over the next number of years saying the FED over/under corrected, when in actual fact - they had no control at all. Be careful out there. #Bitcoin
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With USD prices increasing at the most rapid rate in 40 years, the @POTUS and @FederalReserve have both declared a "laser focus on addressing inflation", joining the ranks of the #Bitcoin community, laser focused on inflation since January 3, 2009. wsj.com/articles/biden-powel鈥
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Replying to @RaoulGMI
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Q: Can we afford a #GreenNewDeal? A: Yes. The federal government can afford to buy whatever is for sale in its own currency.
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"Enough is enough. I can't see what is served by keeping Julian Assange incarcerated" New Australian Prime Minister Anthony Albanese @AlboMP #FreeAssangeNOW #auspol
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One of my favourite charts.
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I had to watch this to believe it.
Former President George W. Bush: 鈥淭he decision of one man to launch a wholly unjustified and brutal invasion of Iraq. I mean of Ukraine.鈥
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The third in an excellent series by @jordynbeazley on rural health. According to the western primary health network, 41 small towns in the central and far west region are at risk of having no GP in the next 10 to 15 years. @mpbowers theguardian.com/australia-ne鈥
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@gladstein - we should talk. Velocity of money is handled with technology instead of a credit instrument (that eventually puts a small # of people in charge) That change-changes everything else, and is hard to understand from the existing system (which always worked differently)
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The Fiat Tagliero Building in Asmara, Eritrea. It is an Art Deco/Futurist Style petrol station completed in 1938 after Italy invaded the region. It was designed by Italian architect Giuseppe Pettazzi and renovated by Eritrean authorities in 2003.
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Tomorrow, 32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the unbanked, the #Bitcoin rollout and its benefits in our country.
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The fiat standard explained. #Bitcoin fixes this.
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A short, must watch, reality check for people that don鈥檛 understand what #Bitcoin mining is about to do to the grid.
This is an amazing 1:44 on #BTC mining鈥 wide implications that will improve the world through true incentive alignment! @ShaunEnergy @nic__carter @thetrocro @PrestonPysh @saylor @jack @mikealfred
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IMF Director sums it up: - We printed too much money and didn鈥檛 think of unintended consequences - We are acting like 8 year olds playing soccer chasing the ball
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