Which system has been better for society?

1. Gold standard with more frequent and longer recessions

2. Fiat system with inflation and debasement

I should retweet this now that AirChat actually allows sign ups now from US/Canada without invite.

#Bitcoin and risk-on markets spamming the buy button on this latest dip, against the back drop of the Fed signaling the of easing rates.

BTC needs to hold above 59.5k (STH Price) to maintain its bullish trend.

On track for $1m per BTC as 'fair value' by 2035.

That's if we take the user growth curve as a guide for valuation. Remember I said fair value and not peak value in bull market hype.

- In the early days price was slow to catch up to user count, BTC didn't even have a price

Samson Mow I just got back from Hong Kong. There is talk that the ETF could be added to stock connect. The implications for this are absolutely enormous (basically means mainland money can buy it)

The US Debt is actually more than all the USD in the world.

M2 money is 20.8T.

M3 money is 20.9T as of last year when they discontinued the measurement.