Ron Sovereignty Swanson⚡️🗝️ / @RonSwanonson:
Quick reminder:
- The money in your bank isn’t actually money and isn’t in your bank
- The Federal Reserve isn’t federal and has no reserves
- FDIC insurance only covers about 2% of the liabilities of depositors (like you)
- Any asset can be easily repossessed from you except Bitcoin held in cold storage
Quick reminder:
- The money in your bank isn’t actually money and isn’t in your bank
- The Federal Reserve isn’t federal and has no reserves
- FDIC insurance only covers about 2% of the liabilities of depositors (like you)
- Any asset can be easily repossessed from you except Bitcoin held in cold storage
Ron Sovereignty Swanson⚡️🗝️ / @RonSwanonson:
Monetization has taken 60 to 100+ years every time it’s taken place in society
Anyone who tells you that bitcoin has failed as money in 17 short years has no idea how monetization occurs
Do not listen to anything they say
In 17 years bitcoin is further along than any global money in human history
Monetization has taken 60 to 100+ years every time it’s taken place in society
Anyone who tells you that bitcoin has failed as money in 17 short years has no idea how monetization occurs
Do not listen to anything they say
In 17 years bitcoin is further along than any global money in human history
Ron Sovereignty Swanson⚡️🗝️ / @RonSwanonson:
Was $60k to $58k the “next leg down” I’ve been hearing about for over 5 months now?
😂
Was $60k to $58k the “next leg down” I’ve been hearing about for over 5 months now?
😂
Ron Sovereignty Swanson⚡️🗝️ / @RonSwanonson:
Bitcoin technically doesn’t have a price. It has an exchange rate
All monies have an exchange rate with all other monies in the world, at any given time
Anyone who thinks that bitcoin gets its value because most people measure it in dollars… doesn’t understand this concept
Bitcoin technically doesn’t have a price. It has an exchange rate
All monies have an exchange rate with all other monies in the world, at any given time
Anyone who thinks that bitcoin gets its value because most people measure it in dollars… doesn’t understand this concept
Ron Sovereignty Swanson⚡️🗝️ / @RonSwanonson:
Bottom forming within a few months
I don’t make the rules… divergence does
Bottom forming within a few months
I don’t make the rules… divergence does
In Bitcoin We Trust Newsletter:
Elon Musk vs. The $39 Trillion Debt Wall: AI, Bitcoin, and the Future of Money.
Elon Musk vs. The $39 Trillion Debt Wall: AI, Bitcoin, and the Future of Money.
Substack
Elon Musk vs. The $39 Trillion Debt Wall: AI, Bitcoin, and the Future of Money.
Elon Musk bets on humanoid robots to outgrow a $39T deficit. A sobering look at the hidden frictions of AI and the implacable reality of a structurally flawed monetary system.