Bulldozer00's Blog

I can’t get the 2 charts below outta my surgically repaired head (see last pic below) today. On the top we see all the “value” stored in a melting ponzi paper-currency game which is debased 7%/year on average via money supply growth (forget about the rigged 3.0% CPI that the pols try to make you believe every year). Prices are up by 25% since 2021).

In the top left corner we see a tiny sliver of the monster $900T asset market value currently stored in Bitcoin’s tiny little sub $2T space. A 10x rise in price from here at $90k would only stuff $20T more into the space. Hence, that’s what people mean by Bitcoin being the greatest asymmetric trade of all time and why some predict $1M Bitcoin in the not too distant future.

It still blows me away how early it is in the evolution and adoption of BTC, but when the world is undergoing a major scientific revolution it gets turned upside down and the entrenched interests get exposed and expelled. In Thomas Kuhn’s eye opening “The Structure of Scientific Revolutions” he points out all the major historical paradigm shifts and they all resonate with his logic.

Next, we see how volatile the price of gold was in Weimar Germany against the German mark when the country exploded into hyperinflation. Who would’ve thought gold would be so volatile as a store of value. But in volatile times, everything becomes volatile. I don’t think the US will go hyper, but the macro economists I follow think 15-20% inflation is imminent, like next year. D’oh!

And third, we see why the rest of the fiat-paper brains don’t get it. Science progresses via a succession of funerals for the elite and smugly installed power base. Tick tock next block.

BTW, here’s my surgically repaired head, but that’s a story for another day.