Sat Stacking Pleb
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satstackingpleb.bsky.social
Sat Stacking Pleb
@satstackingpleb.bsky.social
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I'm buidling a Solar Bitcoin Mining Skoolie and selling my house in 2027 to go nomad. 🚌☀️⛏️

Eventually to retire in an Earthship. 🌎🚢

Bitcoin's value isn't tied to credibility. It operates on transparency and decentralization, unlike traditional banks where illicit transactions might be hidden. This openness is what makes Bitcoin unique.
December 21, 2024 at 7:31 PM
Paul Krugman is just full of L's
December 17, 2024 at 6:14 PM
🤌🏻
December 17, 2024 at 6:13 PM
Reposted by Sat Stacking Pleb
Did you know that illicit transactions at the volume of 2-5% of global gdp flows through financial institutions annually, and only up to 0.2% is caught?

And that Bitcoin is used by people escaping financial oppression under authoritarian regimes?
www.journalofdemocracy.org/online-exclu...
How Dictators Use Financial Repression Against Their Opponents | Journal of Democracy
Economic freedom is one of a tyrant’s first targets. My family and I have experienced this firsthand. But tools like Bitcoin offer a lifeline for activists fighting repressive states.
www.journalofdemocracy.org
December 17, 2024 at 6:03 PM
it won't
December 17, 2024 at 6:06 PM
More than that.

Oppressed women in Afghanistan, the unbanked, the global south oppressed by the American war machine pillaging resources from them.

www.businessinsider.com/afghanistan-...

bitcoinmagazine.com/culture/bitc...

www.chainalysis.com/blog/africa-...

humanprogress.org/bitcoin-brou...
December 17, 2024 at 5:13 PM
Nah.

He is beholden to and a product of fiat money and is feeding you bad info.
December 17, 2024 at 5:05 PM
Sure. Bitcoin is a tool for everyone.

You are only excluding yourself.
December 17, 2024 at 5:03 PM
Ugh, Paul? Not a good source of info I’m afraid.

Ok let’s do this. I bet we can agree criminals have been using the dollar for the last century in the conduct of their crimes.

And then let’s look at an example on the other end of the spectrum please.

bitcoinmagazine.com/culture/bitc...
Finding Financial Freedom In Afghanistan
A pioneering female CEO has been promoting Bitcoin in Afghanistan since 2013 and sees it needed in her home country now more than ever.
bitcoinmagazine.com
December 17, 2024 at 6:16 AM
A person should not have to be an accredited investor in order to save money.

We are here to change that.
December 16, 2024 at 7:14 PM
Understood. You are forced to “invest” because you can’t “save”.
December 16, 2024 at 6:40 PM
And I fear you will stay poor with your ‘necessary’ inflation.
December 15, 2024 at 8:27 PM
Because they can’t stop it, the only thing they can do is attempt to capture of much of it as they can. Hence the SBR bill.
December 15, 2024 at 8:12 PM
So you’re cool with a target theft rate of 2%?

And we both know it’s been greater than 2% in the last few years.
December 15, 2024 at 8:10 PM
I already ran under the Bitcoin tree and it’s fantastic under here where my savings is not being inflated away.
December 15, 2024 at 7:51 PM
Goods and services.
December 15, 2024 at 6:16 PM
2025 is going to real nice for those who did the work prior.
December 15, 2024 at 3:56 PM
Old FUD. We ain’t worried.
December 15, 2024 at 3:53 PM
Operative word: “yet”

The us gov is insolvent and the dollar is dying.
December 15, 2024 at 3:40 PM
Reposted by Sat Stacking Pleb
The vast majority of people do not live in countries with reserve currencies, and most live under corrupt authoritarian regimes with oppressive capital controls and outright theft. Bitcoin is a lifeline for millions.

www.amazon.com/Check-Your-F...
Check Your Financial Privilege
Check Your Financial Privilege
www.amazon.com
December 14, 2024 at 9:46 PM
Reposted by Sat Stacking Pleb
True! No one knows the future. We can only analyze past data, create a mathematical model that describes it’s behavior very closely, backtest the model against the old data and watch the new, incoming data continue to fit the power law model. Other than that it’s just a guess!
December 15, 2024 at 6:12 AM