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This is why #bitcoin. Let it sink in.
Max Gagliardi@max_gagliardi
1/ What happens if Bitcoin fails? A thread:
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Chuck Jones
2K posts
Chuck Jones
@cfj1
#Bitcoin. Husband & Dad. Ex-Expat. Lover of sports, adventure, friends, family, food, & drink. Give back & pay it forward. Common sense, logic, & reasoning.
شامل ہوئے Haziran 2009
3K فالونگ397 فالوورز
Back in 2001, Richard Mille priced his debut watch. He meant to put €14,500.
Instead, a rogue zero turned it into €145,000. Friends, advisors, the whole watch world told him he’d lost his mind and to correct it immediately. He refused.
He shipped them at that price anyway.
The result? Instant demand from people who wanted the most outrageous thing on the planet. That single pricing “blunder” invented the entire modern ultra-luxury watch segment and built a billion-dollar empire.
Moral of the story: sometimes your biggest breakthrough looks like a stupid mistake to everyone else.
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Chuck Jones ری ٹویٹ کیا
Half of Americans are struggling to afford a normal life, but the Federal Reserve is spending $3 billion to build themselves a castle fit for a king.
$3 billion!
I don't know who is right or wrong on the recent allegations. The politics of it all are for someone else to figure out.
But it seems objectively ridiculous to lavishly spend this much money when our country is broke and in trillions of dollars of debt.
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@Vivek4real_ realistically Bitcoin cant be used as intended (peer to peer electronic cash system) unless taxes are completely removed and it is declared legal tender
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@KrissBergTweets Well not only that but if you use a bank to “hold” your money you’re actually lending that money TO the bank so they can create more money via fractional reserve banking.
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The craziest financial fact I learned on this app:
I always assumed banks were borrowing money at low rates or taking deposits and lending at retail rates.
Nope. Banks (thanks to fractional reserves) are essentially creating the money they lend you out of thin air 🤯
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Chuck Jones ری ٹویٹ کیا
@Dennis_Porter_ Agreed. Too bad you can’t claim losses on your dollars.
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Chuck Jones ری ٹویٹ کیا
What if I told you we’re living through a depression?
The silent depression. The great debasement.
Dollars create the illusion of prosperity. Fiat lies.
#Bitcoin makes the invisible visible.
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@elonmusk the pause and sigh pretty much says what you need to know about the situation
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Chuck Jones ری ٹویٹ کیا
America is in the fast lane to debt slavery
The Rabbit Hole@TheRabbitHole
It took over 200 years for the U.S. debt to reach $12 trillion. $12 trillion is how much we added in 4 years between 2020 and 2024.
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Chuck Jones ری ٹویٹ کیا
When I listened to this episode of Joe Rogan with Andreas Antonopolous in 2016 it made sense because I was new to Bitcoin.
But now in 2024 we all can see that Andreas was 100% right. This is exactly what's happening in our society right now.
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NEW: 75% OF US MERCHANT'S PLAN TO ACCEPT #BITCOIN AND CRYPTO WITHIN THE NEXT 48 MONTHS - CAPITAL ONE SURVEY
THIS IS NOT PRICED IN 🚀
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Chuck Jones ری ٹویٹ کیا
The autism epidemic has now reached a scale unprecedented in human history because it affects the young. The risks and costs of this crisis are a thousand times more threatening to our country than COVID-19. Autism is preventable and it is unforgivable that we have not yet identified the underlying causes. We should have had these answers 20 years ago.
HHS@HHSGov
At today’s HHS press conference, @SecKennedy presented new data showing that in the U.S. autism prevalence numbers have increased from 1 in 36 children to 1 in 31, according to @CDCgov latest Autism and Developmental Disabilities Monitoring Network survey published Tuesday in the CDC’s Morbidity and Mortality Weekly Report.
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Chuck Jones ری ٹویٹ کیا
🚨🚨RFK Jr. is doing a presser on autism rates.🚨🚨
You need to watch every second of this.
It's going to BLOW YOUR MIND.
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Chuck Jones ری ٹویٹ کیا
RFK Jr: “If the autism epidemic is because of better diagnostic criteria why are we not seeing it in older people?”
“Why is this only happening in young people?”
“Have you ever seen anybody our age with full blown autism.”
“Where are these people walking around the mall?”
“They're not in homes. There are no homes for them. There are no institutions for them.”
“Anybody can look around and see that this is a canard.”
“This is coming from an environmental toxin.”
“Somebody made a profit by putting that environmental toxin into our air, our water, our medicines, our food.”
“Within three weeks we're gonna announce a series of new studies to identify precisely what the environmental toxins are that are causing this.”
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Chuck Jones ری ٹویٹ کیا
Ok I get it. RFK Jr is not an expert so you won’t listen to him.
Now listen to this expert tell you the same exact thing.
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@MarioNawfal This will create a new digital economy that most cannot imagine. Fiat currency wont be used for transactions. I have a guess as to what will be used to transact.
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🇺🇸 EX-GOOGLE BOSS: AI WILL REPLACE MOST PROGRAMMERS IN A YEAR—SUPERINTELLIGENCE COULD ARRIVE IN SIX
Former Google CEO, Eric Schmidt:
"We believe that in the next year, the vast majority of programmers will be replaced by AI.
Within three to five years, we’ll see AGI—systems as smart as the best humans.
And in six years, artificial superintelligence—smarter than all of us combined.
This is happening fast, and society isn’t ready."
Source: @ericschmidt @vitrupo
Mario Nawfal@MarioNawfal
🇺🇸🇪🇺 NATO GOES FULL SKYNET: ALLIANCE BUYS AI WAR MACHINE WHILE HUMANS STILL IN CHARGE (FOR NOW) NATO just finalized acquisition of Palantir's Maven Smart System (MSS NATO) for Allied Command Operations, supercharging military decision-making capabilities. The AI-enabled warfare system promises to revolutionize intelligence fusion, targeting accuracy, and battlespace awareness across alliance operations. Pentagon techies insist this isn't about robot overlords—just "modernizing warfighting capabilities" with algorithms that think faster than generals. Source: AA News
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Take a moment and let this sink in. This will also create a digital economy most cannot imagine. Fiat currency will not be used to transact in this digital economy. I have a guess as to what that will be.
Mario Nawfal@MarioNawfal
🇺🇸 EX-GOOGLE BOSS: AI WILL REPLACE MOST PROGRAMMERS IN A YEAR—SUPERINTELLIGENCE COULD ARRIVE IN SIX Former Google CEO, Eric Schmidt: "We believe that in the next year, the vast majority of programmers will be replaced by AI. Within three to five years, we’ll see AGI—systems as smart as the best humans. And in six years, artificial superintelligence—smarter than all of us combined. This is happening fast, and society isn’t ready." Source: @ericschmidt @vitrupo
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@TheCryptoLark Although the President can influence this especially since republicans have control of the House and Senate, realistically any purchasing for a SBR and lowering or eliminating capital gains on crypto or Bitcoin would have to go through Congress. That will take time.
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Trump is going to announce the Strategic Bitcoin Reserve tomorrow
Rumors are circulating that he could also announce a 0% capital gains tax on US crypto
If that happens, we could witness a massive rally tomorrow
Only for it to fully retrace the very next day 😀
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Mitch McConnell has been in politics for 40 years, with a $193K salary—yet he’s worth over $35 million (maybe 95!)
Career politicians love to lecture the public about fiscal responsibility while quietly amassing fortunes.
The real divide isn’t left vs. right - it’s them vs. us.
The Wolf Of All Streets@scottmelker
Elizabeth Warren is worth $67 million on a $285K salary - while constantly railing against the rich and powerful. She built her brand attacking ‘greedy millionaires’… then became one. Funny how that works.
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