It is us bitcoiners' job to educate govts , corporations and individuals that the coming enslavement is no good for any of us and the way out is bitcoin.
Garyj
Garyj
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The auditable, secure and immutable bitcoin blockchain base layer is what has been missing in money for 3000 years. People who don't understand this want widgets and gadets added that will make it look like all the other fiat crap that DID exist for 3000 years and failed. People dont understand sound money. This is it, this is the one shot we have, don't mess with it ! Especially through ignorance.
What is happening in Ukraine is central to bitcoin and I am surprised that many bitcoiners, even bitcoin OGs, did not/do not get it. Ukraine is the fight for Mackinder's Heartland and world domination. It is the bankrupt west bankers going all in to takeover Russia , get control of the World Island, then onto defeat China. Because China cannot be defeated from a naval expedition in the South China Sea alone, there would need to be a simultaneous northern land invasion through Russia.
The bankrupt west seeks to the reinstated its balance sheets by getting the world's richest commodity country and the world's richest industrial country onto their books. The gateway to all this was Ukraine. Russia knows this and launched a pre-emptive strike, which is legal under UN rules of countries under imminent threat. If the west succeeds in their plans we will all be on a slave plantation with CBDC and under viscous control that limits all freedoms.
In any case Bitcoin may be a way out of this, and in any case, by expediency, freedom loving countries and corporations will adopt bitcoin as a way out.
The thing that makes bitcoin different from any other commodity is it's supply is completely known. Which makes it good money since you want money to be demand sensitive and not demand and supply sensitive. Demand sensitive is more a function of economic activity, while supply sensitive is more a function of central bank activity, which we don't want. However, while bitcoin is still being supplied metronomically until we get to 21million coins, you would think all supply between now and then would be discounted in the price and so that would be out of the picture, but it's not. Each 4 years the supply of new bitcoins minted is halved and there is a distinct price action associated with that halving event. We are approaching the next halving next year(in May , I think). And like clockwork the price of bitcoin in the 3rd quarter in the year before the halving(this year) the price has gone down. And in the year of the halving the price has gone up in multiples. Again, you would think think would all be discounted and so would cease to happen, but until now it never has. And this time may not be different. Who knows ? I don't worry too much about it, I just hold on.