Marty's Ƀent
Issue #1331: "risk-free" doesn't exist
The idea that treasuries are "risk-free" stems from the brain dead Keynesian theory that debt is just "money we owe ourselves".
The idea that treasuries are "risk-free" stems from the brain dead Keynesian theory that debt is just "money we owe ourselves".
In the midst of all of the bank failures and the ensuing chaotic scramble by governments and central banks bitcoin has performed like a true risk-off asset.
Essentially, the Fed's chaotic policy bakes in sudden cascading sells into the balance sheets of the banks.
It's much worse than they're leading on and it's happening across the world right now.
As Peruvian Bull highlights in his series, there is no way of solving this debt problem.
The bitcoin network has provided the world with a closed loop payments and settlement network that can do what Mastercard does in a peer-to-peer fashion.
It's time to begin pushing back against the ghouls at FATF. They should not be able to restrict financial freedom while consolidating power among those who are the biggest facilitators of financial crimes.
The idea that treasuries are "risk-free" stems from the brain dead Keynesian theory that debt is just "money we owe ourselves".
In the midst of all of the bank failures and the ensuing chaotic scramble by governments and central banks bitcoin has performed like a true risk-off asset.
Essentially, the Fed's chaotic policy bakes in sudden cascading sells into the balance sheets of the banks.
It's much worse than they're leading on and it's happening across the world right now.
As Peruvian Bull highlights in his series, there is no way of solving this debt problem.
The bitcoin network has provided the world with a closed loop payments and settlement network that can do what Mastercard does in a peer-to-peer fashion.
It's time to begin pushing back against the ghouls at FATF. They should not be able to restrict financial freedom while consolidating power among those who are the biggest facilitators of financial crimes.
I can say that this type of statement was something I was not expecting.
A slave to the whims of the tax man and his money printer.
The decision to activate SegWit, which increased the block size limit to 4MB, coupled with the decision to activate Taproot, which made it cheaper to create certain transactions, made all of this possible.
Once you accept that the acceleration is upon us you can begin to explore how you can use the acceleration to your advantage.
A textbook "blind leading the blind" scenario.
It is still early days and this is nothing more than an idea at the moment. But your Uncle Marty thinks it is a very good idea that should gain traction.
