Tuur Demeester
67.5K posts
Tuur Demeester
@TuurDemeester
"A great sign appeared in heaven: a woman clothed with the sun, with the moon under her feet and a crown of twelve stars on her head."
Texas
Joined May 2009
- Leaving an actual material legacy is not easy. This man spent 27 years and +$1M building the world's best stereo system & listening room. After his death the room was taken apart and the pieces were sold for $158k.
- This is the 🤯 moment. Peterson: "If bitcoin is ramping up exponentially, why won't bitcoin just suck the investment capital out of everything?" Saylor: "It is, and it will. That's why I'm here."
00:00 - Wealth taxes never work —yet they're implemented anyways.
- Send this to people who think it's too late to buy bitcoin.
- 1/ This new paper is a true declaration of war: the ECB claims that early #bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh taxes or bans. Check 🧵 for why:
- Vitalik’s response to the FTX ponzi collapse so far: - Retweets SBF’s “I’m sorry” tweet - Says SBF “deserves love” - Defends Effective Altruism mvmnt - Advocates to not dismiss good things about SBF’s philosophy No: - surprise - outrage - empathy for victims - introspection
- RIP Walgreens. $7B MCap, very little cash, $34B in debt. I'm sure many companies look like this under the hood—wrongly assumed debt would be cheap forever.
- 🇦🇷 Presidential candidate Milei is something else: pro-bitcoin, staunch libertarian, +20y economics prof. Quote: “the Central Bank is a scam. It is a mechanism by which politicians cheat the people with the inflation tax.” He currently leads the election polls 🗳️
1/ A pro-bitcoin candidate is leading the polls in Argentina (proof below). Our recent bitcoin report speculated on exactly this: - This is huge: Elon Musk is speaking with the Milei team in order to “copy the chainsaw model”. In other words, Argentina’s new style of radical gov downsizing, including shutting down entire agencies with mass layoffs, is likely coming to the US!Milei revealed that “Donald Trump brought Elon Musk into his government to replicate what Sturzenegger is doing here”: “Elon is in contact with Federico.”
- 1/ I've followed the IMF for 15 years now, and this is the most impressed I've been by any of their live press events. Some rare truths were shared, on a panel in front of ECB President Christine Lagarde and Fed Chair Jerome Powell.🧵 (video clips below)
- Calling attention to it will no doubt jinx my lucky streak, but for what it's worth, here are all my bitcoin-related calls for market capitulation:
