Balaji (@balajis) on X

X (formerly Twitter) ·

2 min read Original article ↗

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Balaji on X: "THE BANKS ARE INSOLVENT We should have learned to distrust bankers after the 2008 crisis. Back then, they used complex language to hide the simple fact that the mortgages were bad. And today, they do it to hide the fact that the money is gone. Not in one https://t.co/i3xMQGss8z"

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    The BitSignal How do you ring the fire alarm on the internet? How do you show it’s not a false alarm? I am putting up the BitSignal. $1M in BTC to alert us to the stealth financial crisis. $1000 per tweet, for the best 1000. Reply with your charts, graphs, stats, memes! Bring

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    Making BTC moon is the way we send the fire alarm to the rest of the world that the Fed is hyperinflating the dollar. And moon means memes!

    @thenetworkstate

    will be replying to the 1000 winners on my behalf to send payments. Submit tweet here: forms.gle/R1s9dnAsjF1gc9…

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    REGULATORS KNEW BANKS WERE INSOLVENT, BUT DIDN'T NOTIFY DEPOSITORS Why was this banking crisis such a surprise? Is it really your job to diligence your employer's bank's financials? Aren't you paying for regulators to do that? Unfortunately, the regulators were captured. As

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    THEY ARE LYING ABOUT THE PRINTING The central banker who ran the Euro literally said "when things get serious you have to know how to lie".[1] The entire banking system is lying to you about solvency. They are trying to ensure you don't exit to Bitcoin bitcoinmagazine.com/hyperbitcoiniz…

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    HYPERINFLATION IS COMMON AND VERY FAST The speed of hyperinflation takes people off guard. Cato made a table of 56 episodes. Prices in 1945 Hungary doubled in 15 hours! How fast will this be in the internet age? Buy Bitcoin and get your coins off cato.org/research/world…

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    THEY ARE TRYING TO BLOCK THE EXITS The US establishment just killed Signature and Silvergate because they banked crypto. Barney Frank noted that Signature wasn't even insolvent. They won't even let Signature acquirers keep the crypto business. Fortunately there are enough

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    I’m with Balaji on this. I’ve been holding BTC for 10 years but never before felt that BTC was needed more than now.