markjgsmith

2024/12/26 #

It‘s Christmas but the maliciousness doesn‘t stop, in fact it’s quite the opposite. Maliciousness loves Christmas. So many new and interesting avenues to explore. Food goading, sex goading, weird pedo pervert shit, all the horrible things all directed at me in one way or another while blaming me for the thing that’s being done to me. It’s so devious that in some ways you end up seing it’s in many cases quite clever. If only all this malicious energy could br re-directed to something useful and productive, all the worlds ills would be solved 10 times over, with plenty of everything to spare for everyone.

Life goes on, I’m the bad guy again, everyone is sad again, everything I do is frontrun and counter acted.

As predicted yesterday I ended up getting 'Pay!', harrassed, presumably for receiving the clothes gift. It was clearly a gift. In combination to that everyone seems to be saying 'okay!' literally everywhere. Allowed while being blocked. Over and over and over in every dimension. It’s literally impossible to do anything right. The very instant you think you might finally have done something right, the very next second you get clobbered.

Nothing you can do but shrug. #

Is Russia asking the US to dance?

Depending on how you read the title of this post, you might be thinking I’m being provocative. But I’m not. Hear me out.

I wrote yesterday about the recent announcement that Russia is impossing a ban on crypto mining while simultaneously Putin is saying Bitcoin is great for international payments:

It’s a very interesting posture. It's like he’s saying 'you know about bitcoin, we know about bitcoin, would you like to dance?'. This might be the perfect time for western nations to head out onto the dancefloor.

Sometimes contradictions are a sign that something else is happening, a sign of opportunity. The really bizare thing is that in a way, if such a thing were to unfold, in a way we would all be part of this dance. It’s a strange world we enhabit.

And so with these somewhat esoteric ideas in my head, I thought the following piece from a recent Sam Callahan interview on the Bitcoin Fundamentals podcast [18:01] was quite apropos. He’s talking about some ideas he first heard discussed by Luke Growmen:

Bitcoin similar to what we did with oil in the 1970s, they pumped the price of oil to maintain dollar dominance, and so Bitcoin could actually rise, because increase in demand for stablecoins, there’s a relationship between stablecoin supply and Bitcoin’s price, and then increasing stablecoin supply, increases demand for treasuries. And so it can kind of maintain that dollar dominance in the world.

At the same time though you have Putin coming out and saying Bitcoin can’t be stopped, and so we’re going to Bitcoin to escape dollar dominance, whereas maybe the US at the same time is adopting Bitcoin to increase dollar dominance.

Can both of those ideas be true at the same time? Kind of [...] how do you maintain the dollar and manage the debt problem at the same time? [...] Both of these things that seemingly are not compatible are actually happening because Bitcoin has all these different use cases.

I don’t want to trivialise this too much, it’s likely going to be difficult and strange, but we can also simultaneously have a positive optimistic vision. Though we haven’t danced this dance before, many in their own unique way, have been dancing their own version of it for years.

We’ve had worse. Who knows, it might be the start of something quite beautiful. #

Looking back, and depending on the day, life at times seems like a long succession of escapes from invisible prisons. Some of the prisons were really fucking wildly narly, though I didn’t necessarily know it at the time. It’s been quite a journey.

I can’t quite tell if it’s getting any easier. It’s like it’s much harder in some ways but in other ways it’s easier. I still look back, have fond memories, and I miss some of it, but I’m also happy I escaped all those rotten places. Bitter sweet. #

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