Prediction: when the coronavirus lockdowns end, people are going to realize that we're in a depression & their jobs/businesses aren't coming back (b/c The Everything Bubble has burst). We're going to have mass protests & riots that will put Occupy Wall Street in 2011 to shame.

Try to explain to a Dutch train driver who: 1) retired at age 66 2) hasn't seen his pension go up in years and 3) will see his pension go down in real terms because of the corona measures that he has to bail out a French train driver who retires at 52 because of 'solidarity'.

FED Chairman Powell: we flooded the system with money.

Ik ervaar niet iedere dag racisme. Ook niet iedere week. Of iedere maand. Door deze post herinner ik nu wel die páár incidenten die ik heb gehad. Was dat nou de bedoeling Rob Jetten? Dat ik Nederland tóch racistisch ga vinden? Niet gelukt. Gaat je ook niet lukken.

COVID-19 taught me that the climate crisis is inevitable. Human beings can’t think long term. Be prepared... "Australia’s top climate scientist says “we are already deep into the trajectory towards collapse” of civilisation, which may now be inevitable." resilience.org/stories/2020-0…

What happens when we stop flying?! #butfarmers

1/10 What happened to Bitcoin when it went from $12,100 to $10,600 in just a few minutes? It was a chain reaction that started when a whale decided to take profit after Bitcoin hit $12,000. Short thread:

Most people think this is impossible, but I have seen a 1000% increase in less than a year at least twice before in BTC (2013 & 2017). S2F is holding up pretty well after the halving, if FOMO will start again anything is possible.

#bitcoin pausing before orange and yellow

Once this round of stimulus is finished the US will have printed 40% of its money supply in just 12 months. It really shouldn't be a surprise that companies are starting to change their $ reserves to #BTC. Eventually nation states will be doing the same. coindesk.com/ex-occ-chief-b…

#bitcoin market cap is still below $1 trillion. It's so early.

#Bitcoin is the separation of money and state. Many are starting to understand this.

Alts are down a lot more than BTC and like in 2017-18 many may not recover. BTC will be the first to set new all time highs again later this year.

Just ordered "ons geld is stuk" by Peter Slagter and Bert Slagter, paid with lightning --> transaction fee of 0.0004 EUR --> 625 times cheaper compared to iDeal (fee of ~0.2500 EUR)

The most pivotal moment in Bitcoin’s history will be when it is flocked to instead of USD in a time of uncertainty. Won’t happen today, won’t happen tomorrow, but when it does, that will trigger the hyper-monetization of BTC. Few understand Bitcoin is THE risk-off asset.

Wow!