The notion that energy/oil is going to get more expensive in years to come makes A LOT of sense to us — chronic underinvestment, mounting global frictions, less cooperative exporters, etc.
Who disagrees? And if u do, why?👇
"Seek out the arguments that make your own position uncomfortable."
—Daniel Dennett
We attempt to do just this☝️ in our most recent chat w/ @Daz B & @Seb Bunney
If you love #Bitcoin, prepare to get triggered in Basics_10.😉😘
🎧
If you're willing to do the dirty work in the 2020s & 2030s, you might just get PAID.🫰💸
Here's why.👇
We're starting to see more manual labor, manufacturing, & industrial jobs get BIG pay bumps. The most popular example right now is UPS drivers making $170k. Some work-from-home computer warriors may be upset, but prepare for this trend to potentially continue.🤷
Over the past few decades, the incentives in the U.S. have led to an increasing percentage of talent & human capital moving toward software, healthcare & the financial sector. When we zoom out, this is (at least in part) due to American manufacturing & industry becoming less profitable as a result of a perpetually (and artificially) strong $USD — the downstream consequence of a fiat monetary system & USD hegemony (but I digress).
Couple this with the fact that people seem to be startlingly & increasingly lazy. Society was soft before COVID, and the pandemic added even more down feathers to the workforce pillow🪶. Seems like everyone & their cousin's mother wants to sit at home in front of a computer...drinking smoothies, petting their Aussiedoodle, and doing yoga throughout the work day. Nobody wants to get their hands dirty.🛠️
"The MBA graduate from a mid tier school that's making excel spreadsheets that get read by 2 people and don't do anything....they aren't necessarily providing value."
—@jimmysong
To use firefighting as a labor example, 10 years ago our department had literally 10x as many applicants as are interested today🤯
There is a shortage of real labor, especially skilled labor, and with US industry & manufacturing desperately trying to reshore & catch up as the world starts to de-globalize, those willing to step up are going to get compensated for it.
Demand for labor is high.
Supply of labor is low.
In today's environment, those who get off their ass may be increasingly rewarded. And in our view, there's a real chance that amidst this low labor supply, unions may actually strengthen considerably. Although computer warriors might b*tch & moan about it...this jealousy from the confines of home offices is likely to continue until the work force improves.
We're gonna be running these bad girls & mining some #BTC all winter in our homes.
Worth a peek if u wanna do a little home hashing but can't go whole hog w/ a hardcore mining setup.
30% off preorders ending in Sept — additional 5% off w/ code "BCB"
👉 heatbit.com/?ref=BCB
