Anilsaidso, a great educator of bitcoin and author of Few Understand This https://gumroad.com/anilsaidso#WXmdZ has posted this thread on twitter: https://threadreaderapp.com/thread/1234645533098004480.html What makes #Bitcoin attractive? Let’s take a look at some of the lesser known forces driving adoption. Starting with B..B..Barbra Streisand 🎤 A 🧵.. The STREISAND EFFECT: A phenomenon whereby an attempt Read more…
There’s been a lot of debate between goldbugs and bitcoiners. I’ve watched a couple of videos, one with Michael Saylor, one with Robert Kiyosaki. We’ve had a nice talk on Twitter on this thread: Stanley Druckenmiller, legendary investor, on #Bitcoin Atom: “the way I’v always looked at gold”. More and Read more…
From Mises Institute https://mises.org/library/how-governments-killed-gold-standard 05/28/2021Joseph T. Salerno The historical embodiment of monetary freedom is the gold standard. The era of its greatest flourishing was not coincidentally the 19th century, the century in which classical liberal ideology reigned, a century of unprecedented material progress and peaceful relations between nations. Unfortunately, the Read more…
The news announced that: Reversal of money flows: Big institutional players exit crypto and turn to gold, says JPMorgan. https://www.kitco.com/news/2021-05-19/Reversal-of-money-flows-Big-institutional-players-exit-crypto-and-turn-to-gold-says-JPMorgan.html It might make sense for investors to shy away from the volatility of Bitcoin. But here’s another argument: You’ll often see charts from Weimar Germany of gold priced in the Read more…
We might be all-in on Bitcoin but you know Kroisos likes gold too. And pretty much all the Austrian economists are goldbugs. In some countries, for example in Greece, gold is also tax-free. So it might not be a bad idea to invest in some, after you do your own Read more…
I watched this very interesting interview from Ukraine. Philipp Bagus explains how the euro is meant to give control to Brussels and eventually lead to a superstate, a centralized Eurozone with one Central Bank and government handouts. That will of course eliminate all individual features of the participating countries, and Read more…
After reading the Bitcoin Standard, the part that shook me the most was the following realisation: Hard money makes wars inefficient, whereas soft money makes them bloody and endless. If anything, the takeaway from every thing Seifedean Ammous says should be the following. I’m using a thread reader app to Read more…
The Bitcoin Standard is a book that has been a real eye-opener for me. I discovered it from a podcast on Rich Dad and found it extremely informative. You’ll find me talking about the stuff I learnt from this book a lot. How the gold standard has worked through the Read more…
6. The Gold Stater Of Croesus, 550 BC The earliest ancient coin was made of a naturally occurring alloy called Electrum. This alloy, a mixture of gold and silver, was found near the city of Sardis, the capital of the Lydian empire. King Croesus, the final king of Lydia, is most Read more…