The crop of existing Western elites — people like Chrissy Teigen and John Podesta — are buoyed up by the notional dollar.
We read a while back that Jeff Bezos had gifted Van Jones, CNN commentator, $100 million free and clear.
Spotify is reportedly close to paying Joe Rogan $250 million to renew their podcast deal with him.
In both cases, Jeff Bezos’ personal fortune and Spotify’s large corporate pockets, the money comes from a stock market largesse of sorts:
People put money into Spotify stock, Spotify valuation balloons, and from some of that valuation they are able to pay content creators like Rogan millions of dollars.
People put money into Amazon stock, Amazon valuation balloons, and from some of that valuation Jeff is able to gift CNN contributors he digs $100 million a pop.
This money isn’t scrutinized; you and I can’t see the check, nor the checking account from which the money is pulled, nor the account into which the gifted money goes.
We’re in the dark.
We have to take, as truth, some headline saying that an American elite has gifted another American elite $100 million.
Yet how was the money mined? How was it created?
Well, it wasn’t mined at all. It’s not hard money. As explained above, the money is a product of stock market largesse.
With the approval of the 11 Bitcoin ETFs last month, that stock market largesse — money with access to Nasdaq and NYSE markets — is now available to the Bitcoiner.
Perhaps not immediately, but over time, the same largesse that took a glorified warehouse operator — Amazon — and crowned it a trillion dollar company, could take Bitcoin, and crown it the ultimate monetary asset of all time.
If the ultimate monetary asset of all time trades in the SAME market as Amazon and Spotify — a glorified podcast scraping app — that becomes a problem for Spotify and Amazon, at least in my mind.
If Amazon is one day unable to recruit a non-union workforce happy to slave away in its warehouses and delivery trucks for $15/hour, the yellow brick road craters and cracks.
Despite all of Bezos’ in-roads into big computing with Amazon Web Services and content production with Amazon Studios, Prime Video, etc… all that stuff is just loss leader-esque corporate wallpapering to prevent people from seeing what Amazon actually is: warehouses organized by people making $15 per hour, connected to an e-commerce storefront.
Not financial advice, but to me at least - in my own mind - there’s no way I would bet heavily on the non-union warehouse slave wage company OR the podcast scraping app over a bet on the ultimate monetary asset.
Of course, Bitcoin is a commodity, not a stock — yet it competes for the same dollars and euros, now on the same marketplaces.
Even if he weren’t a frail elderly pizza head being shuffled around by DC so as to cause the least amount of reputational damage possible before the election, John Podesta’s star is on the way out.
Bitcoin and blockchain money changes everything and the pizza heads just scolded us. Suspected child traffickers — credibly suspected — with the nerve to chide and scold those of us who merely believe in hard, sound, privatized money.
See, Podesta took the Clinton approach to crypto. Instead of taking even an afternoon to try understanding it, Hillary went with scold and dunk on us.
These frail DCers… they spent a lifetime fantasizing about a novus ordo seclorum… and it finally comes, out of nowhere Satoshi lays down the gauntlet; agnostic (secular) nation-state free currency any human can use free and clear without censorship or freezes possible, and the pizza heads didn’t grasp the significance.
All that empire building, and they missed out on the empire coin.
Actually super pathetic. I’ll let younger journalists with more energy and platform pick apart Podesta’s emails in the years ahead. All these shitheads will be scrutinized and lawfully removed from power one day; I have no doubt.
What Podesta was into just sickens most normal people. The DCers are outliers.
All that energy spent on scolding and coverups and nastiness, and they missed the empire coin.
Onward,
D
Where is the Bald Stalker? I guess the Podesta Group has stopped funding him? I don't think that EV's or AI are going to be the Godsend to Alleviate Human Suffering as promised. The controllers need slavery and fiat debt to win. Thank you for staying active in the Truth community, David. :)