Guy Swann

Pumping Iron

“40 years of this back and forth has resulted in almost $20 trillion in zero- or negative-yield government and corporate debt, the lowest interest rates in the last 5,000 years, and the most amount of global debt ever in human civilization.” – Arthur Hayes

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The Separation of Money & State

“As long as there are money printers, there can be no freedom of expression. Money is the tool we use to express value to each other. Whoever controls the money supply controls the world.” – Knut Svanholm

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Guy’s Take #43 – The Sound of Inevitability

• Why Matt Odell is wrong about the OCC statement

• Bullish review of the SeeTee Shareholder Letter

• Microstrategy & 0% bonds

• Jack Mallers taking over the world

• NYDIG

• MassMutual, Square, Tesla, Marathon, Stone Ridge, & the Bitcoin Treasury Rush

• Next phase of the Bitcoin mining industry

• Lightning everywhere

• New developer grants

• Rewards Cards everywhere!

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SeeTee Shareholder Letter

“We are not going to wait for the future – we want to join in building it as well! I encourage entrepreneurs to reach out to Seetee. The bigger the dream, the more we listen.”

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Bitcoin is Time

“This problem is precisely why all previous attempts of digital cash required a central­ized registry. You always had to trust someone to correctly identify the order of things. A central­ized party was required to keep the time. Bitcoin solves this problem by re-inventing time itself. It says no to seconds and yes to blocks.”- DerGigi

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LOT true or false? The Last Hurdle for Taproot

“As a consensus system without central authority, Bitcoin protocol upgrades can be challenging. If one segment of the network upgrades to a new version of the protocol before another segment does, different nodes might enforce different rules, introducing the risk that the network fractures between them.” – Aaron Van Wirdum

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The Capital Strip Mine

“The most egregious falsehood regarding economic health that is nonetheless widely believed is surely that we ought to measure it by the magnitude of goods and services consumed. This is dangerous nonsense.” – Allen Farrington

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Decentralization, Why Dumb Networks are Better

“The Internet’s protocol (transmission control protocol/Internet protocol, or TCP/IP) doesn’t offer “services.” It doesn’t make decisions about content. It doesn’t distinguish between photos and text, video and audio. It doesn’t have a list of approved applications. It doesn’t even distinguish between client and server, user and host, or individual versus corporation. Every IP address is an equal peer.” – Andreas M. Antonopolous

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The Bitcoin Black Hole Effect

“If the US Dollar really was to reach an uncontrollable level of inflation, a last move by the Fed may be to do this same trade on a Federal level by printing dollars to acquire Bitcoins to stack on their balance sheet. Only time will tell.” – William Clemente III

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