BTFD OR BTMFD
Hodlers ! Stack Sats and buy the dip
Listen to Michael Saylor discussion on energy and BTC
Forgot my old wallet, turns out it had 1BTC inside, HODL = WIN
Found the seed of my old wallet (before coldstorage)I’m ecstatic, I thought I emptied everything our to my cold wallets
Value in 2020 was just under 10k, value now it’s over 40k!
30k profit just by hodling (forgetting ;)) your coins. Why are people being scared they’ll lose some fiat?
Just wait 2 years and check your assets again.
If you don’t convert you don’t lose, it’s that simple!
El Salvador: Isn’t this the most beautiful thread about Bitcoin City’s energy FUDs?
Bitcoin was conceived by boomer generation check those biases!
Bitcoin is monetary integrity, conservation of energy, it’s proper math.
US economist Steve Hanke has slammed Bitcoin, saying that only corrupt Latin American governments are prepared to use it. Hanke compared Bitcoin to the Dutch tulip frenzy in 2013. He added that Bitcoin cannot be easily and cheaply converted into the US dollar and the economy can collapse. This comes after El Salvador became the first country to adopt Bitcoin as legal tender.
TWEET THREAD between Hanke and Bukele
Econ Professor Steve Hanke: “nayibbukele’s proposed Bitcoin City is as prepared as Florida is for snow. The advertised power source for the City is an inactive volcano. This is just more attention-grabbing antics from a narcissistic president who is full of hot air.”
Nayib Bukele: “This guy 😂
Of course is an inactive volcano you id10t!
Most geothermal power is extracted from wells near INACTIVE VOLCANOES!
Why would you build a city below an ACTIVE VOLCANO? 🤦🏻”
Steve: “How much energy can you extract from the inactive Conchagua volcano? Where’s the feasibility study? El Salvador already has an enormous energy deficit & imports 22% of its electricity use (@IEA). Without a feasibility study, no one knows how Bitcoin City will affect this deficit.”
Nayib Bukele: “Ok, ID-10t, I’m going to school you again, not because it’s going to be of use for you, since you’re just getting paid to attack #Bitcoin and defend fiat, but because the people deserve to know you are a fraud.”
“The essential evil of gold in relation to war is the fact that it can be controlled. Break the control and you stop war. And the simple way to remove control from these bankers, the way to end their exploitation of humanity forever, is to remove gold as a basis for the currency of the world.”
FORD says 100 years ago
Just for some historical context, Ford is discussing this in relation to a larger plan he had to essentially turn the Tennessee Valley into a company based Utopia. He was not successful but later did something very similar in Latin America.
Basically, although some analogy can be made between what Ford was talking about and Bitcoin, he was not talking about a decentralized currency. He was, instead, talking about a currency backed by energy, which, in turn, he was producing. Thus he was to be in charge of the money supply for the envisioned community.
It’s not a much different idea from company tokens issued by many mill or mining towns of the time. The essential purpose of such tokens was to exert more control over employees. Likewise, Ford’s idea is about control. It’s not aligned with Bitcoin’s stated philosophy.
Ford’s innovation seems to be basing his company tokens on energy instead of gold backed treasury notes. Certainly, this was because he believed the gold supply was controlled by an international Jewish conspiracy.
Origin of The Federal Reserve
Take a look at the Jardine family and Colonel Edward Mandell House
William Jardine & James Matheson
THE FAMILY IS ALIVE AND DOING BUSINESS TODAY
The HSBC ruling families have intertwining interests with other international mega-banks, the global gold and diamond trade and the Anglo/Dutch half of the Four Horsemen – Royal Dutch/Shell and BP Amoco.
CONGRESS STILL CONCEALS THE SECRETS OF THE FEDERAL RESERVE
See England Official Secrets PDF
See Colonel Edward Mandell House PDF
Chairman of the Federal Reserve – the most powerful job in the free world.