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#Bitcoin Beats #Inflation
You can’t beat inflation. But you won’t have to fight it when you only have crypto. Set your #bitcoin sail and let the winds of inflation carry you. Inflation genie is out of the bottle. The Fed is powerless to stop it. We are entering an inflationary depression.
The Bitcoin Maxi thesis is Lindy Effect
The Alt-coiner thesis is competing Cantillion Effect
In other words Bitcoin being the oldest will outlast others, people feel safe hodling it. Set and forget.
Alt-coins are new sources of money, under Cantillion, those closest to the money gain the most. The early investors get richer. It’s a swing in and out trade (and VC games).
This means there’s a constant incentive to invest in new coins; investors will chase the Cantillion Effect.
We can see this in family offices already where they allocate into ETH and stuff like SOL to get alpha.
BTC will always have to fend off capital rotation into newer alts.~ Willy Woo
Inflation genie is out of the bottle. The Fed is powerless to stop it. We are entering an inflationary depression.
INTEGRITY
Intellect is highly overrated.
Courage is highly underrated.
As a result, we’re led by a bunch of intelligent cowards.
Heroic work doesn’t scale.
#RugPull = #Exit Scam
Venture Capitalists Don’t Care About Human Rights Abuses, Amnesty Report Shows
7 states that tried to overthrow our Democracy. Pence did his job. Why isn’t there anyone in jail right now?
Fake “electoral certificates” submitted to Congress by Trump supporters in seven states as part of the failed attempt to overturn the results of the 2020 election. They literally signed their names to this criminal conspiracy including @kelliwardaz. DOJ needs to open an investigation immediately.
Clock is ticking on what Garland needs to do about Trump’s bid to overturn 2020 election
The plotters’ initial seditious efforts could easily have succeeded. The fact that they failed cannot justify avoiding a robust investigation of those efforts as part of an apparent conspiracy that landed, with vengeance, in the House and Senate chambers. Justice delayed would be justice subverted.
By Laurence H. Tribe and Dennis Aftergut
#EssentialGoods
A Simple Plan to Solve All of America’s Problems
The real problem: a national failure to increase the supply of essential goods.
The U.S. doesn’t have enough COVID tests—or houses, immigrants, physicians, or solar panels. We need an abundance agenda. Politicians say that they want better health care—but they tolerate a catastrophically slow-footed FDA that withholds promising tools, and a federal policy that deliberately limits the supply of physicians.
Bernie Sanders leads pressure on Joe Biden to make N95 masks free for all
#EndTheFilibuster
No, the filibuster is not in the Constitution.
No, the filibuster has not existed since the creation of the Senate.
No, the filibuster does not foster bipartisanship when it’s abused to cheat our democratic system.
Yes, the filibuster has historically been used to block civil rights legislation.
Yes, Republicans have created their own carve-outs to the filibuster — and it wasn’t even that long ago.
Yes, it’s time to #EndTheFilibuster.
In a historic move, President Biden announces that he will support carving out an exemption to the Senate filibuster in order to pass voting rights legislation, putting Mitch McConnell on notice that he “won’t flinch.”
BANKS #BanksJamieDimon
Williams, an attorney with first-hand knowledge of the internal workings of JPMorgan Chase, is alleging that the largest bank in the U.S. was keeping two sets of books while dodging the requirements of a non-prosecution agreement with the U.S. Department of Justice. She is also alleging that a “high risk” former government official, tied in unexplained ways to Jamie Dimon, Chairman and CEO of JPMorgan Chase, was being improperly paid by the bank through an “emergency payment method.”