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WHY BITCOIN WILL TAKE OVER THE WORLD
While Homo sapiens sapiens actively (and prolifically) collected seashells and fashioned them into beads for jewelry, Neanderthals essentially did not.
The last time a commodity was started it was in the 1800s and it was oil.
First, a commodity is appreciated by a small portion of the group and becomes a collectible. Then, the broader society starts to recognize that some of their peers value that commodity, and suddenly that commodity takes on inter-subjective value. Everyone knows that commodity is valued by some, so everyone knows it has market value, and therefore everyone begins to value it. Finally, once this commodity is the de facto currency for all trade, everything becomes priced in terms of that commodity — it is now the unit-of-account, or numeraire, for that society.
The hidden economic purpose of shell bead jewelry
When “Shelling Out” was written, we had not yet found any evidence of Neanderthal shell bead jewelry. Now, there appears to be a single example from a coastal cave in Spain. In addition, there are sparse examples of Neanderthals and other archaic humans collecting fossils, quartz, and other curios. This suggests that, intellectually, they had the capacity to recognize the specialness of uncommon materials, and even to engage in symbolic behavior (as we’ve already explored with cave art), but only on a limited basis. It’s not that they were incapable artists and craftsmen, just that they seem to have had a dim interest or drive to engage in these behaviors.This odd quirk appears to be the notable behavioral difference between Homo sapiens sapiens and Homo sapiens neanderthalensis. Indeed, it may explain why we are here and they are not.
https://www.onceinaspecies.com/p/once-in-a-species-73b
@stephendpalleyMay 5
The best explanation I’ve ever read of why Stablecoins are a good thing, something that anyone who cares about both consumer protection and the rule of law should support. Democratic Party opposition makes no sense.
https://threadreaderapp.com/thread/1918806189548110135.html
The Richest People in Bitcoin
Bitcoin Wealth Estimates by Xavior
1️⃣ Satoshi Nakamoto: ~1,100,000 BTC ($71.5B)
2️⃣ MicroStrategy (Saylor): ~190,000 BTC ($12.3B)
3️⃣ Winklevoss Twins: ~150,000 BTC ($9.8B)
4️⃣ Tim Draper: ~120,000 BTC ($7.8B)
5️⃣ Barry Silbert: ~78,000 BTC ($5.1B)
6️⃣ CZ (Binance): ~70,000 BTC ($4.5B)
7️⃣ Brian Armstrong: ~60,000 BTC ($3.9B)
8️⃣ Tesla/X (Musk): ~43,000 BTC ($2.8B)
9️⃣ Matthew Roszak: ~35,000 BTC ($2.3B)
10 a16z: ~31,000 BTC ($2.0B)
According to the latest 13F filing, as of March 31, Goldman Sachs held 30.8 million shares of IBIT valued at $1.4 billion and 3.47 million shares of FBTC valued at $250 million. Compared to the December 31 filing, IBIT holdings increased by 6.8 million shares, while FBTC remained largely unchanged. Goldman Sachs is now the largest holder of IBIT globally.
FEDERAL RESERVE / BIS / WEF
How Central Banks Plan to Control You | Catherine Fitts
$21 Trillion dollars is missing from the U.S. government. That is $65,000 per person—as much as the national debt! https://missingmoney.solari.com/
Print a single dollar and you’re a counterfeiter. Print trillions and you’re the Federal Reserve.
Debt Bombshell: U.S. Interest Payments Soar to $1.1 Trillion in Q1, Devouring 35% of Tax Revenue, Exceeding National Defense Spending.
oreign Demand for U.S. Treasuries COLLAPSES as America Faces Record Debt Rollovers ($7 Trillion) and a $1.9 Trillion Deficit in 2025 alone.
The buyers are gone, the bills are due, and the clock just struck midnight. The BIG PRINT is upon us.
FIAT is the ponzi. If printing money helps the economy, counterfeiting should be legal.
You’re not too late for #Bitcoin. You’re still ahead of 99.99% of nations, 99.97% of corporations, and 99% of individuals. We are ridiculously early.
HEALTH
BREAKING:
Top Virologists Warn World to Prepare for Deadly H5N1 Bird Flu Pandemic
Top virologists from 40 countries warn of growing H5N1 bird flu pandemic risk; urge stronger global defenses as virus could kill 1 in every 2 people it infects.
Psychedelics may boost mental health by dampening inflammation
Psychedelic drugs like MDMA and psilocybin may help treat depression, anxiety and other mental health conditions by reducing the number of inflammatory cells around the brain
https://www.newscientist.com/article/2479069-psychedelics-may-boost-mental-health-by-dampening-inflammation/
POPE
The Federalist probably hate the New Pope
Alina Habba is the daughter of the US Chancellor of the fascist Knights of Malta
https://cyberplayground.org/2024/09/06/alina-habba-is-the-daughter-of-the-us-chancellor-of-the-fascist-knights-of-malta/
James Tate @JamesTate121
As the Vatican mourned Pope Francis, U.S. conservative Catholics launched an aggressive push to influence the papal election — but it may have backfired.
During “America Week,” wealthy Catholic donors hosted VIP events in Rome, with promises of $1 billion in donations if the “right pope” was elected. Groups like the Napa Institute, a MAGA-aligned network, led the charge. This wasn’t their first attempt: back in 2018, Napa’s founder Tim Busch helped fund the “Red Hat Report,” using former FBI and CIA agents to dig up dirt on progressive cardinals seen as potential successors to Francis, particularly regarding abuse cases.
US conservative Catholics wine and dine cardinals ahead of conclave to elect the pope
https://www.ncronline.org/vatican/us-conservative-catholics-wine-and-dine-cardinals-ahead-conclave-elect-pope
DEMOCRATS
Stephen Miller says the Trump admin is “actively looking at” suspending habeas corpus.
Habeas corpus refers to people’s right to challenge their detention in court.
Here’s a list of the Senate Democrats who voted to confirm Kristi Noem for DHS.
Sen. John Fetterman (Pa.)
Sen. Maggie Hassan (N.H.)
Sen. Jeanne Shaheen (N.H.)
Sen. Elissa Slotkin (Mich.)
Sen. Tim Kaine (Va.)
Sen. Andy Kim (N.J.)
Sen. Gary Peters (Mich.)
Remember that, when the next 9/11 happens.
According to Bloomberg, the Trump administration plans to initiate trade talks with around 20 countries, including Japan, South Korea, Vietnam, the UK, India, Argentina, and Switzerland, aiming to establish template agreements for future negotiations. Treasury Secretary Scott Bessent stated that U.S.-China talks will begin this weekend, with a potential tariff reduction from 145% to 80% under consideration.
https://www.bloomberg.com/news/articles/2025-05-09/trump-s-priority-list-for-tariff-talks-homes-in-on-around-20-economies
TOOLS
Throw away emails
https://www.emailnator.com/ have disposable Gmail addresses which is great for bypassing filters.
Firefox Relay. It allows to have 4 aliases at same time, and emails gets forwarded to my main mailbox.
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If you don’t consider this to be classified info about imminent war plans, it *may* be that you’re too partisan to recognize the truth when it slaps you in the fucking face. If this had happened on Biden’s watch, Republicans would have rightly gone berserk.
