Bitcoin is Cyber Power
Michael Saylor⚡️ @saylor Aug 16
Over a long enough timeline, if it isn’t #bitcoin, it is going to zero.
For the first time in human history, you can verify the total supply of money. #Bitcoin let that sink in!
You won’t solve climate change by trying to eradicate something that accounts for 0.1% of all energy consumption and mostly runs on clean power.
Daniel Batten @DSBatten
– Solar & Wind “don’t match where” & “don’t match when” most customers want it.
– Bitcoin mining “doesn’t care where” & “doesn’t care when” power is produced.
– This makes Bitcoin the catalyst for the renewable transition.
Failure to stack sats is not an option! Don’t be left behind!
Without central bankers, Satoshi would not have created #Bitcoin
The pro-#Bitcoin new leader of the Conservative Party Canada giving an excellent speech on “What is money?” video
50 years marks the year of of a new era for our financial system Bitcoin has arrived!
Fifty Years of Fiat Failure On August 15, 1971, President Nixon suspended the convertibility of the US dollar into gold, subjecting the American citizenry to an unprecedented and disastrous economic experiment.
https://www.youtube.com/watch?v=8babjjl65KM
https://twitter.com/bitstein/status/1426876326917533699
Don’t forget the dollar is the world reserve currency and the Bretton Woods agreement meant that nations could convert dollars into gold until the Nixon Administration reneged on the agreement. We’ve had the disaster that is fiat currency ever since. US citizens couldn’t convert dollars into gold since the 30s. Only foreign banks could.
A Soviet Spy at the Center of Bretton Woods: Harry Dexter White and the Ongoing Threat of Espionage
May 16, 2013 Bringing to bear new and striking archival evidence, author Benn Steil offers the most compelling portrait yet of the complex and controversial figure of Harry Dexter White in his new book, “The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order.”
Harry Dexter White: Not a traditional Soviet spy per se; But one of the architects of the new financial order of the 20th century which had to include every global industrial power. White helped set the foundations of globalisation.
https://www.youtube.com/watch?v=GcayIJ4CnjM
Harry Dexter White (October 9, 1892 – August 16, 1948) was an American economist and senior U.S. Treasury department official. Working closely with the Secretary of the Treasury Henry Morgenthau, Jr., he helped set American financial policy toward the Allies of World War II while at the same time he passed numerous secrets to the Soviet Union. He was the senior American official at the 1944 Bretton Woods conference, that established the postwar economic order. He dominated the conference and imposed his vision of post-war financial institutions over the objections of John Maynard Keynes, the British representative. At Bretton Woods, White was a major architect of the International Monetary Fund and World Bank.
He dominated the conference and imposed his vision of post-war financial institutions over the objections of John Maynard Keynes, the British representative. At Bretton Woods, White was a major architect of the International Monetary Fund and World Bank.
https://en.wikipedia.org/wiki/Harry_Dexter_White
Keynes and Harry Dexter White battle at Bretton Woods
Benn Steil recounts fight between Keynes and White including Keynes’s antisemitism and haughty demeanor.
https://www.youtube.com/watch?v=rFZI0a5hCHM
If instead they used 1% of that endownment (about $.4B) then they could cover that $10M, stash another $10M for next year, and give out $400M to other universities who are struggling. And they’d still have $41.5B.