They system was setup to (have high control over) extract wealth from its people, yet it’s sold as a way to stabilise an economy - yet it always seems to be out of control? And accelerating in frequency and volatility?
#Bitcoin will become more stable and reliable than global fiat averages - and that will be the final tipping point. And by stable I mean downward volatility and loss of value.
The reason why index funds work so well (lower risk to reward, especially in a relative sense to the market) is because you back the largest N with highest growth - now imagine that exists across global fiat currencies. The best growth regions will buy/invest more, while the slower/stagnating will sell - however gainers are larger than decliners in relative value.
https://www.itv.com/news/2023-07-07/hunt-downplays-tax-cuts-odds-conceding-calming-inflation-is-tougher-than-feared
wakoinc / Blake
npub1ktw…mrvj
2023-07-08 10:29:11
Author Public Key
npub1ktw5qzt7f5ztrft0kwm9lsw34tef9xknplvy936ddzuepp6yf9dsjrmrvjPublished at
2023-07-08 10:29:11Event JSON
{
"id": "0f929e48be21b78450995c1ebcc1870ace7c045f6fd88aa45bde846358efe8c9",
"pubkey": "b2dd40097e4d04b1a56fb3b65fc1d1aaf2929ad30fd842c74d68b9908744495b",
"created_at": 1688804951,
"kind": 1,
"tags": [
[
"t",
"bitcoin"
]
],
"content": "They system was setup to (have high control over) extract wealth from its people, yet it’s sold as a way to stabilise an economy - yet it always seems to be out of control? And accelerating in frequency and volatility?\n\n#Bitcoin will become more stable and reliable than global fiat averages - and that will be the final tipping point. And by stable I mean downward volatility and loss of value. \n\nThe reason why index funds work so well (lower risk to reward, especially in a relative sense to the market) is because you back the largest N with highest growth - now imagine that exists across global fiat currencies. The best growth regions will buy/invest more, while the slower/stagnating will sell - however gainers are larger than decliners in relative value.\n\nhttps://www.itv.com/news/2023-07-07/hunt-downplays-tax-cuts-odds-conceding-calming-inflation-is-tougher-than-feared",
"sig": "e81dc706853a8a77fe2180adc9a1b8067d1f495387099427adaf24332e9db53d9f618027ff92d60b4b005fbf80003a763d4a8c8eea23b067daf8b3cf9b9628b5"
}