Duchess on Nostr: Fellow Bitcoiners, As we head into the new year navigating the complexities and ...
Fellow Bitcoiners,
As we head into the new year navigating the complexities and uncertainties of the greedy and corrupted financial world, I wanted to recommend a movie to watch with your families. A movie that resonates deeply with our current situation: "The Big Short."
This film is not just a story from the past; it's a mirror to our present. In it, we see characters like Michael Burry and Mark Baum, who, much like us, recognized the impending crisis well before it hit the mainstream. Their foresight into the corrupt banking system and governmental failures echoes our understanding of today's financial landscape.
We are the Michael Burry’s and the Mark Baum’s in the story that’s unfolding now, before our eyes. The same corrupt banking system and the same corrupt governments are still here, they never went away and they never fixed what was wrong. It is not “if”, but when they fall, because they WILL fall again and this time they WILL fall even harder.
Unfortunately for Dr. Michael Burry, Mark Baum, Charlie Geller, Jamie Shipley, Ben Rickert and the everyone else that was “right”, they had no other option but to reenter a broken system. Fortunately for us, Satoshi Nakamoto gave us a way to exit the broken system, he gave us Bitcoin.
However, this parallel is not a cause for celebration. As Ben Rickert poignantly highlighted, people will lose jobs, homes, retirement savings, pensions, and people will lose their lives. “You know what I hate about fucking banking? It reduces people to numbers. Here's a number - every 1% unemployment goes up, 40,000 people die, did you know that?” The real cost of this financial collapse will be more human lives.
The impending crisis we foresee will be even more devastating than what we witnessed in 2008. This time even more people will lose their jobs, homes, retirement savings, pensions, and lives.
Today you might imagine that you will celebrate being “right” and you might imagine that you will buy a Lambo, but when people around you are jumping from their windows you will feel sick and helpless. I can assure you that in such times, the imagined victories of being right, the dreams of luxury and wealth, will pale in comparison to the harsh reality of widespread suffering.
Prepare yourselves and your families for what’s to come, not just financially, but emotionally and ethically. We need to be ready not only for the potential economic fallout, but also for the moral and social responsibilities that come with being the ones who saw it all coming.
If we have a plan in place we will know what to do when the day “I was right” comes. We will be able to navigate with a clear conscience and a plan to help those around us.
Let "The Big Short" be a reminder of the importance of our actions and choices in the days to come. Let’s stay informed, vigilant, and compassionate.
This time we can actually short the corrupt banks!
Buy bitcoin & #ShortTheBanks !
This time we can actually short the corrupt governments!
Buy bitcoin & #ShortTheGovernments !
Every time I watch this film I get goosebumps 🙏
HODL on my dear plebs, HODL on!
#Bitcoin #BTC #HODL #2024 #TheBigShort
‘The Big Short’ https://g.co/kgs/nYYBBt
As we head into the new year navigating the complexities and uncertainties of the greedy and corrupted financial world, I wanted to recommend a movie to watch with your families. A movie that resonates deeply with our current situation: "The Big Short."
This film is not just a story from the past; it's a mirror to our present. In it, we see characters like Michael Burry and Mark Baum, who, much like us, recognized the impending crisis well before it hit the mainstream. Their foresight into the corrupt banking system and governmental failures echoes our understanding of today's financial landscape.
We are the Michael Burry’s and the Mark Baum’s in the story that’s unfolding now, before our eyes. The same corrupt banking system and the same corrupt governments are still here, they never went away and they never fixed what was wrong. It is not “if”, but when they fall, because they WILL fall again and this time they WILL fall even harder.
Unfortunately for Dr. Michael Burry, Mark Baum, Charlie Geller, Jamie Shipley, Ben Rickert and the everyone else that was “right”, they had no other option but to reenter a broken system. Fortunately for us, Satoshi Nakamoto gave us a way to exit the broken system, he gave us Bitcoin.
However, this parallel is not a cause for celebration. As Ben Rickert poignantly highlighted, people will lose jobs, homes, retirement savings, pensions, and people will lose their lives. “You know what I hate about fucking banking? It reduces people to numbers. Here's a number - every 1% unemployment goes up, 40,000 people die, did you know that?” The real cost of this financial collapse will be more human lives.
The impending crisis we foresee will be even more devastating than what we witnessed in 2008. This time even more people will lose their jobs, homes, retirement savings, pensions, and lives.
Today you might imagine that you will celebrate being “right” and you might imagine that you will buy a Lambo, but when people around you are jumping from their windows you will feel sick and helpless. I can assure you that in such times, the imagined victories of being right, the dreams of luxury and wealth, will pale in comparison to the harsh reality of widespread suffering.
Prepare yourselves and your families for what’s to come, not just financially, but emotionally and ethically. We need to be ready not only for the potential economic fallout, but also for the moral and social responsibilities that come with being the ones who saw it all coming.
If we have a plan in place we will know what to do when the day “I was right” comes. We will be able to navigate with a clear conscience and a plan to help those around us.
Let "The Big Short" be a reminder of the importance of our actions and choices in the days to come. Let’s stay informed, vigilant, and compassionate.
This time we can actually short the corrupt banks!
Buy bitcoin & #ShortTheBanks !
This time we can actually short the corrupt governments!
Buy bitcoin & #ShortTheGovernments !
Every time I watch this film I get goosebumps 🙏
HODL on my dear plebs, HODL on!
#Bitcoin #BTC #HODL #2024 #TheBigShort
‘The Big Short’ https://g.co/kgs/nYYBBt