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Hyperbitcoinization #Bitcoin
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Jun 25, 2021 22 tweets 4 min read
0/Three years ago I published an article about Hyperbitcoinization. The unfolding macro economic climate has only intensified my belief in the thesis. Bitcoin will become the world’s reserve currency and more. A thread ⤵️

medium.com/coinmonks/hype… 1/Hyperbitcoinization is not the end game but a universe of possibilities. It is a continuum of effort that seeks to guide and protect against our own human follies. We seek control over money to assert control over all others. We have allowed politics to supersede prosperity.
Jan 18, 2021 15 tweets 3 min read
0/Why HODL?

Bitcoin is a proxy for the struggle for human dignity. It is a peaceful revolution seeking to displace the anomaly of false monies. The world stands at the cusp of social and political upheaval. Though many look to politics, money’s fate will determine our future. 1/HODLers voluntarily participate in the reformation of money. This is a multi-generational effort to secure & ensure a future sans fiat. HODL forms the basis of a simple ideological framework entirely forward looking. It abandons past constructs & releases one from the present.
Dec 31, 2020 18 tweets 4 min read
0/Thread of Threads (2020).

Central banks around the world have accelerated their assault on the public. A tsunami of debt has been printed and there’s no end in sight.

They’re heating the house by setting it on fire. 1/Savings have been obliterated. Today’s youth increasingly looks forward to a bleak future of have and have nots. The K shaped recovery will stand over them not as as monument but a wall against prosperity.
Dec 17, 2020 25 tweets 4 min read
0/There is a pervasive undercurrent which seeks to undermine the very root of the capitalistic ethos inherent in Bitcoin’s design. Many question the accumulation of bitcoins by early adopters & reframe early ownership as form of inequality:

The Bitcoin Baron. A thread ⤵️ 1/The quest to right inequalities or establish equality has expanded beyond mere social and political discourse. Many seek to upend real and perceived imbalances in the economy through regulation and social exclusion.
Nov 18, 2020 10 tweets 2 min read
0/Bitcoin Bubbles

Each is a composite of individually foolish but collectively rational actions. Selfless and selfish cooperation emerges from the mania. The output of a higher order social and monetary network effect, they are Bitcoin’s self-realization mechanism. A thread ⤵️ 1/Though the surge of the bubble is rooted in herd movement, the market is fundamentally one of singular individual choice. Participants undergo a psychological endurance trial as they seek to claim their stake of fewer and fewer bitcoins.
Nov 16, 2020 5 tweets 2 min read
If you think it’s too late to get into Bitcoin wait till you see what the USD has in store for you. Image The deficit myth is a dose of not so “Modern” Monetary Theory yet the path has already been prescribed and socialist debt policies will decimate the economy.

Nov 10, 2020 11 tweets 2 min read
@CashApp will hold your bitcoins hostage.

Few understand this ⤵️ 1/The next bull run has begun. Bitcoin has sprung from the 3Ks to 15K. The long awaited “institutions” are here building massive positions and beginning to publicly share their Bitcoin investment theses.
Aug 16, 2020 17 tweets 3 min read
Bitcoin vs Gold (Part 2)

0/The gold standard was abandoned in 1971 & absolute control over the money supply handed to central banks. Yet despite gold’s new ATH and long held popular narratives, it cannot function as an adequate check against fiat. Thread ⤵️ 1/Humans organically sought ways to communicate value in local trade circles and settled on a form of money. When trade expanded it met other local forms of money. These were corrupted through counterfeiting (Rai stones, glass beads) or adopted if it was better (gold).
Aug 6, 2020 43 tweets 10 min read
0/Debt drives our world. It permeates every financial interaction, sits at the heart of an entire global economy. It feeds on itself, on us & consumes without producing. We sit at the apex of 100+ yrs of a grand experiment. Our debt construct is fracturing. What's next? 1/The Fed’s fix is a commitment to a tsunami of debt. It’s going to break its 2% inflation mandate and aim higher. And in order to do so money printing will reach epic levels to combat global devaluation and long term technology driven deflation.

bloomberg.com/opinion/articl…
Jul 4, 2020 13 tweets 4 min read
0/Enjoyed talking to Brady on the recent @citizenbitcoin podcast. We covered a lot of ground and I'd like to expand on a few of the topics we touched on and add some final thoughts ⤵️ 1/Much of what we discussed can be found here in the original tweet thread.

Jun 25, 2020 18 tweets 5 min read
0/Two years ago I published “Hyperbitcoinization: Winner Takes All.” #Bitcoin's growth will continue unabated until it becomes a global standard. This thread reviews current macro trends supporting the thesis.

medium.com/coinmonks/hype… 1/The 2019 update here:

Jun 10, 2020 35 tweets 8 min read
The Decade of Discontent, Destruction and Debt Deflation: 2020-2030

Next 10 yrs will be a telling & trying time. We’re entering the next phase of a crisis brewing since 2008. The root cause & solution lie in reforming & reversing the state’s role in money and markets.

A thread. 1/Recent dramatic financial & social events point to a grand crisis that will climax around 2030. The economy going forward will be a distorted version of itself growing/contracting in violent ways dislocating, disrupting and destroying traditional businesses.
Apr 13, 2020 34 tweets 9 min read
0/End of a Cycle

Over the last 11 years a debt fueled speculative economy with multiple asset bubbles has been primed for correction. Will this be remembered as the Great Crash of 2020? This cycle shares many characteristics with the 1920s and its 1929 crash. A mega thread ⤵️ 1/October 29, 1929. The roaring 20’s come to an abrupt end. The Dow crashed beginning a long slide down that bottommed in 1932 after losing 90% of its value and did not recover its previous ATH until 1954.
Mar 25, 2020 26 tweets 7 min read
0/This is USD’s FADE.

Fiat Assured Destruction Event.

The Fed has launched an all out assault on the economy & will do “whatever it takes.” Oil, trade and currency wars have deepened the crisis. This (long) thread explores secondary effects of the Fed’s rescue mission. 1/The Federal Reserve has taken the final steps to assure the complete decoupling of any semblance of value in the USD. A promise of “infinite cash” releases the cap on its balance sheet. Total Fed assets have gone vertical!
Mar 11, 2020 22 tweets 4 min read
COPPER KILLS CORONAVIRUS

That’s it. That’s the tweet (that starts the thread). 1/Influenza, SARS, MERS and now COVID 19 cause life threatening illnesses resulting in death and permanent injury. Human-human transmission is easy and can sweep through population centers rapidly. We’re seeing this now.
Feb 11, 2020 29 tweets 6 min read
0/Cash is king for those who are kings of cash. For the rest, cash is morning frost evaporating under inflation’s steady warm glare. Year after year banks & the state work tirelessly to debase money through inflationary schemes. A mega thread.

Fiat Inflation vs Bitcoin Deflation 1/Central bank obsession with inflation not only stems from an inherent bias to stimulate the economy but also from a deep fear of a deflationary economic environment and loss of mandate.
Jan 8, 2020 5 tweets 2 min read
1/Savers are not preparing for recessions but opportunities to grow income and contribute to society’s forward momentum.

Yet the ECB has again positioned savings as a recessionary scapegoat.

Christine Lagarde: Image 2/Savers don’t increase spending to consume. They invest and thereby kickstart an economic recovery much faster than a populace that has nothing saved at all!
Dec 31, 2019 17 tweets 4 min read
1/A thread of threads.

The decade closes. Over the last 10 years central banks have coordinated the largest transfer of wealth in modern history. The next decade promises deeper social reconstruction lead by CB policies - QE, UBI, MMT, NIRPs, CBDCs, and more. 2/The surveillance state has grown. A cashless federal banking system offers unprecedented insight into individual behavior and the power to suppress thoughtful resistance to government overreach.
Nov 6, 2019 19 tweets 5 min read
1/The Art of the HODL

Hodling bitcoins is a psychological endurance trial. A seemingly endless march through despair, longing punctuated by moments of euphoria and glory.

2/Bitcoin elicits a strange concoction of voluntary painful decisions and actions. The simplest is HODLing through stomach churning drops, grinding bear markets and an endless stream of FUD.
Jul 22, 2019 17 tweets 4 min read
0/Bitcoin proposes a deep reworking of our economies framed by separation of money from state. Bitcoin rejects fiat, introduces a new paradigm radically realigning our relationship with money. This is why #bitcoin matters. Read on⤵️ 1/Fiat is political money backed by the force of law and violence. It is created at will and makes up the walls of a global economic prison.
Jul 2, 2019 15 tweets 3 min read
0/Bitcoin is better money. It does not rely on appropriated authority. Bitcoin is the sum of all our unique, individual actions working against a fiat fueled, credit crazed world. Why is this important? Read on ⤵️ #bitcoin 1/Fiat monies need little to no input from the public at large. They prohibit the public from participating in determining its issuance, value and utility. As a debt instrument, fiat is a socioeconomic liability that zeros out accrued value.