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River
8.3K posts

River
@River
Invest in bitcoin with confidence.
United States Katılım Aralık 2018
154 Takip Edilen61K Takipçiler

@TheHomanQuant Incredible visual. There has been a shocking loss of control since 2020.
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@MartinMLynch The 2% target is somewhat of an arbitrary number that has evolved over time but more importantly it is the level of inflation the Fed can get away with before the average person recognizes its effect on their daily lives.
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@River Regardless of their efficacy, it's worth questioning their entire premise of targeting a wealth reduction of 2% across the entire population, compounded annually:
x.com/i/status/20757…
Martin Lynch@MartinMLynch
@fiatarchive It's very odd that central bankers have as their primary goal to make money worth 2% less (compounded) annually. I know their argument is 2% optimizes for "full employment" but in effect that's saying, "we'll take 2% from everyone & give it to those who otherwise wouldn't work"
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@tranquilpleb You said it perfectly. The measuring stick changes too frequently. Real inflation is likely much higher than what is reported.
Bitcoin is the only monetary protocol that cannot be changed at the will of an unelected official.
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@SDWouters 6 years ago they told us "inflation is transitory".
64 measurements later the Fed is still not hitting their targets.
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@Bitcain21 Are you insinuating real inflation is much higher than 3.5%?
That is quite an accusation...
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@WatcherGuru The Federal Reserve targets 2% inflation, but has missed this target for 64 consecutive months. That means they have failed to do their job properly since March of 2021.
The only monetary system with a set issuance rate and a deflationary protocol set in stone is Bitcoin.

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@jameslavish It took the U.S. government roughly 200 years to accumulate the first $1 trillion in debt.
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@charliebilello No government can refuse the urge to turn on the money printer. This may solve a problem in the short term, but leads to worse issues long term.
The value proposition for a digitally native, scarce, desirable asset that cannot be debased like bitcoin grows stronger every day.
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@maitreyabtc 100% of every paycheck converted into the hardest money that has ever existed. Legend.
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@River I send it as a "Bill pay" from my business bank account to my personal bank account.
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@UfoExperience Bitcoiners of all kinds are welcome on River!
We are proud of those stacking 1% of their direct deposit in bitcoin and those stacking 100% of their direct deposit in bitcoin.
Everyone’s financial situations are different and everyone should have the optionality to do so!
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@River Also says a lot that the hardcore Bitcoiners trust River.
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@River I own an S-corp and process my own payroll. Is there a way I can send my paychecks (from my business account) directly to my River account (personal account) without fees?
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@PeterSchiff Bitcoin is an emergent financial technology that is incredibly early in its adoption curve.
When assessed objectively, Bitcoin clearly is an upgrade from gold.
While in the short term bitcoin's price may go down, over the long term it has vastly outperformed the competition.

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