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Bitcoin realities.........

Discussion in 'The Kruse Longevity Center' started by Jack Kruse, Feb 20, 2022.

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  1. Jack Kruse

    Jack Kruse Administrator

    Custodial financial services allow governments to freeze accounts first, and then sort out who is guilty or innocent later. Self-custodial financial services force governments to actually charge people with a crime before they can use pressure to freeze their accounts.

    Think carefully about electronic fiat money. And think about Bitcoin as a valid and necessary competition. And see that the state enemies of Bitcoin are not your friends.
    https://twitter.com/punk6529/status/1494444624630403083
     
    caroline, John Schumacher and ND Hauf like this.
  2. Jack Kruse

    Jack Kruse Administrator

    El Salvador is hope for the world because of its stance on BTC.

    Bukele just sent 52 legal reforms to his countries congress, to remove red tape, reduce bureaucracy, create tax incentives, citizenship in exchange for investments, new securities laws, stability contracts, etc. His plan seems simple enough: as the world falls into tyranny, he wants to create a haven for freedom.
     
  3. Jack Kruse

    Jack Kruse Administrator

    If you are invested in one of the 1000 publicly traded companies that support the WEF agenda that is anti-BTC... I suggest you do some research on Klaus and his klan. Check how he brags about infiltrating Canadian MPs. These stocks can be SOLD....And they can be SHORTED. Study up Capital markets
    [​IMG]
     
    caroline likes this.
  4. Jack Kruse

    Jack Kruse Administrator

    We are at the point of no return politically or macroeconomically.

    It's either Bitcoin or tyranny across the globe.

    There is no other way.
     
  5. Jack Kruse

    Jack Kruse Administrator

    33% of millionaires never earned over $100,000 in a year.
    80% of millionaires never inherited a single dollar.
    Anyone can become a millionaire.
    The biggest obstacle is financial education.
    Learn about Bitcoin.
     
  6. Jack Kruse

    Jack Kruse Administrator

    Satoshi Nakamoto clearly had a lot of US financial history in mind when they/he created Bitcoin as a solution to all of this as well as the broken financial system For example, Satoshi Nakamoto’s birthday is April 5th, 1975 Is there any significance in this seemingly arbitrary date?

    April 5th is important because, on April 5, 1933, the US outlawed people from owning gold through Executive Order 6102. Then the 1975 component is relevant because that’s the year that the executive order was reversed.

    [​IMG]
     
    Sean Waters and caroline like this.
  7. Jack Kruse

    Jack Kruse Administrator

    Whoever Satoshi is/was, they clearly had a 6102 attack in mind when designing the protocol Satoshi understood this threat and the way bitcoin[​IMG] is sufficiently decentralized ensures it’s the only crypto that can withstand a nation-state level 6102 attack in the future
     
  8. Jack Kruse

    Jack Kruse Administrator

    Governments are trying to control every aspect of our lives. They’re trying to control the food we consume They’re trying to control the energy we use And most importantly they're trying to control our money, It all starts with the money!!
    Now, where does all this ultimately end if we allow governments to continue their attack on financial sovereignty? The World economic forum has made it very clear where they plan on taking this trend of confiscation and loss of property rights According to them by 2030.

    Don’t waste time on trying to change the old dying system, voting won’t change anything! Focus on what you CAN control! If you want to avoid this dystopian nightmare simply opt-out and work on building a parallel society. Homeschooling beats state-run education

    Today as most countries around the world plan on implementing a CBDC, it appears financial sovereignty is only going to be further attacked Congressman Davidson noticed this and recently put forward a bill to protect BTC self custody and peer-to-peer transactions in the US. Don't expect bills like this to get support from Congress supports the Fed/Treasury
     
  9. Jack Kruse

    Jack Kruse Administrator


    Never forget history:


    -In 1933 the US stole it’s citizens gold with executive order 6102
    -1970 Bank secrecy act eroded our financial privacy
    -The patriot act in 2001 furthered this trend of financial privacy being threatened, allowing governments more authority to spy on our every move
     
  10. Jack Kruse

    Jack Kruse Administrator

    Keep building your kingdom for freedom with this master class of wisdom
    1.• Michael Saylor argues for Bitcoin
    • How other companies will mirror his
    • Why he is putting Bitcoin on his balance sheet
    https://open.spotify.com/episode/1PSu3LdArxkVjkXIllHz92?si=A3YMdmIgShC1_NrO55cLkA&nd=1

    • Incentives for Bitcoin adoption
    • Potential risks associated with Bitcoin
    • Metrics to look at in testing their Bitcoin thesis
    https://open.spotify.com/episode/6x02Biz7y74ysT0QHP2v9i?si=n75AtpF6SNG7rcVWFjo0uw&nd=1

    • Bitcoin valuation
    • Bitcoin supply shocks & supply mechanics
    • Why Bitcoin is a once in a species discovery
    https://open.spotify.com/episode/4smge2pVSrs20VWb7Yu4Aq?si=0gMvTgZnTeiUR1pmRqaW5g&nd=1

    • Yield curve control
    • Societal discontent
    • Transition to Bitcoin
    https://open.spotify.com/episode/4wQfegTFKcUWNkoyPrlDGT?si=LTiOw-6tRxCqFlVi7M2_9A&nd=1

    • Inflation and hyperinflation
    • Blindspots Bitcoiners may have
    • Will Bitcoin replace or overtake gold
    https://open.spotify.com/episode/0VLAKtGO26r6DlNRwcSnYZ?si=iSz8bV8ERtO0PnH9wtUnNQ&nd=1

    • Bitcoin nodes
    • Software wallets
    • What is cold storage
    https://open.spotify.com/episode/1AHK33oB4c0t75M2ReoOKV?si=GaktYVAYQ5ubFLQ3WHgQ_w&nd=1

    • How the stock market could get repriced
    • What a deflationary world would look like
    • What would the price of real estate look like
    https://open.spotify.com/episode/5GYakmXb7UlRp1rBuaok41?si=4DTiXdJyTjKwev5nCEn3zA&nd=1

    • Why does the world need Bitcoin
    • How money evolves in four phases
    • The ownership distribution of gold and Bitcoin
    https://open.spotify.com/episode/72RKRPJ9dVxeMQmoPlVpxJ?si=i5nWpBRASj2d7ioo02Z9jw&nd=1

    • What is sound money
    • Central Bank game theory
    • How is Bitcoin's supply fixed
    https://open.spotify.com/episode/5kSnQa1KZQmF1zbho2mjdP?si=fmksz5LcSxS-3WJ6x8F7bA&nd=1

    • What is crypto
    • Who invented Bitcoin
    • What makes gold valuable
    https://open.spotify.com/episode/7J35wNej8fyGk8rg5vKHm5?si=V4feE6S8R7iSTL7L03ByiQ&nd=1
     
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  11. Jack Kruse

    Jack Kruse Administrator

  12. Jack Kruse

    Jack Kruse Administrator

    Six Layer Model of the Bitcoin Economy:
    1 - Monetary Protocol (#Bitcoin)
    2 - Transaction Protocol (#Lightning)
    3 - Applications (BTC Exchanges/Banks/Payments)
    4 - Derivatives (BTC backed Securities/Currencies)
    5 - Products (Devices with BTC)
    6 - Services (Offerings with BTC)

    Lightning is the best project in all cryptocurrencies
     
  13. Jack Kruse

    Jack Kruse Administrator

  14. Jack Kruse

    Jack Kruse Administrator

    Bitcoin, not blockchain. Bitcoin, not crypto. Bitcoin, not distributed ledger technology. Bitcoin, not DeFi. Bitcoin, not Web3. Bitcoin, not CBDCs. Bitcoin, not yield farming. Bitcoin, not centralized neo-banks that sell you fractional-reserve paper bitcoin. Bitcoin.
     
  15. Jack Kruse

    Jack Kruse Administrator

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  16. Jack Kruse

    Jack Kruse Administrator

    Bitcoin & shitcoins are opposites. Bitcoin removes seigniorage. Shitcoins re-introduce it. Bitcoin removes the Cantillon effect. Shitcoins re-introduce it. Bitcoin removes trust. Shitcoins re-introduce it.
     
  17. Jack Kruse

    Jack Kruse Administrator

    Even AI programs understand Bitcoin better than humans in DC.
    [​IMG]
     
    John Schumacher likes this.
  18. Jack Kruse

    Jack Kruse Administrator

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