Issue #1228: Deleveraging bitcoin before the world de-levers
The price drop is definitely a bit jarring, but it's nothing new.

TFTC / Marty Bent
Truth for the Commoner, every weekday. Money, machines, and the people trying to control both.
Independent writing by Marty Bent at TFTC since 2017. Commentary on money, markets, AI, energy and privacy.
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The price drop is definitely a bit jarring, but it's nothing new.

People are too busy waving the flag of the month, judging other people, and spouting nonsense to take the time to realize that the world is crumbling apart around them.


I am in no way predicting that we will see hyperinflation in the near-term.

A precarious predicament at best and the set up for a violent doom loop at worst.


Maybe it's a low-key veiled endorsement of the next reserve currency of the world.

Either way you slice it, the situation seems pretty... bad.

Shoutout to Block Inc. for putting together this research and sharing it with the public.

This is an extremely impressive feat for an alien monetary technology that was dropped on humanity a little over thirteen years ago.

I'll be the first to admit it, I often find myself mad as hell online. Raging into the void against the machine.

In the last decade and a half the central bankers have proven to be completely incompetent.

This would provide increased utility for those looking to receive bitcoin payments with better privacy assurances and less interactivity with the chain.

I would call it a shame, but it's really worse than that.

The public should know how decisions are being made because those decisions have material effects on the ability for people to save or simply operate within the economy.

Knowing that I actually control my money is a type of peace of mind that a fully "stable" monetary good being controlled by corrupted middlemen simply cannot provide.
This is getting crazy...



These people are ruining humanity.
