Today’s minor debacle is across all financial markets, but let’s focus on Bitcoin vs shitcoins since they are 24-7 trades and organized-market moves like today’s always happen on Fiat Fridays. This has nothing to do with Bitcoin directly, only peripherally. What happened today was almost certainly a break in the Yen Carry Trade, which has been threatening/happening for a couple of years now and likely finally being realized (similar to how everyone knows the US Dollar is a broadly accepted Fiat ponzi, but why does it take so long for everything to go full market-down in that arena as the buyers evaporate?). The Yen carry trade is a decades long scheme of borrowing in Yen for almost no interest and buying any and whatever to profit. It is now unwinding and “any and whatever” has to be sold to repay the borrowing. If this is so it is almost certainly a global financial flash-in-the-pan. Which has nothing to do with Bitcoin, but which has everything to do with shitcoins and every other speculative investment about to melting to a few cents above zero. It also may trigger fiat bankruptcies, and we should genuinely hope it will. But it is only a buying opportunity for Bitcoin.

All the propagandized “division” - in America and elsewhere - all division in the world, boils down to: “My sources of information are better than your sources of information.” This has always been. And the first step in confronting this monstrous maelstrom of insanity… …is to recognize both sources of information are Fiat.

Shower thought today: The last legit conspiracy theory I can think of that has definitively been Debunked is that Playboy was primarily about the articles & interviews.

For the record: The whole point of Wealth - THE WHOLE POINT - is to progressively separate yourself from all the other human beings who make you uncomfortable. Even Bitcoin OG’s will do the same. It’s the whole scorpion on the frog parable. Bill Gate’s was “new money” once. Stay humble is not just a brand(TM).