toxicbitcoiner
Toxic Bitcoiner

Bitcoin zealot 🐝 Who’s going to buy the bonds? #Payjoin #GIABO

Public Key

npub1u87g378r0puytp7zxdl5awg2gmqvqc3vgtnh6a0vfgm4y8es7c3qam93f7

NIP-05 Address

toxicbitcoiner@Nostrplebs.com

NIP-57 Address

tallerrandom25@walletofsatoshi.com

Profile Code

nprofile1qqswrlyglr3hs7z9slprxl6why9ydsxqvgky9emawhky5d6jruc0vgspzemhxue69uhky6t5vdhkjmn9wgh8xmmrd9skcqgkwaehxw309aex2mrp0yh8qunfd4skctnwv46qfp7h6x

Publishing to

bitcoiner.social

relay.primal.net

bitcoinmaximalists.online

Author Public Key

npub1u87g378r0puytp7zxdl5awg2gmqvqc3vgtnh6a0vfgm4y8es7c3qam93f7

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Last Notes

2025-06-19 17:31:06

Is there a way to make a note with a zap attached to it, such the person receiving the zap knows that it’s associated with *that note* and isn’t just a general zap to their npub? #asknostr
Ex. I’d like to get Odell’s attention for a question with a fat zap.

2025-06-19 13:06:28

Point 4 is wild.
4. Central Banks May *Intentionally* Withhold Liquidity at the Right Moment**
Webb implies a darker possibility: that **money printing is not a guaranteed lifeline**. In a controlled demolition scenario:
- Central banks could withhold liquidity **at a strategic moment** (like in 2008 with Lehman).
- This would trigger a cascade of failures, allowing creditors to take possession of pledged collateral.
- After the seizure is complete, QE could resume—but **only after assets have changed hands**.
> “Liquidity will not be used to save the public; it will be timed to transfer wealth first, then restore ‘order.’”
#note1t3w…apjw

2025-06-19 12:56:19

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Why wouldn't money printing prevent Webb's thesis from playing out?
### ChatGPT said:
David Webb addresses this question implicitly throughout *The Great Taking*, and the core of his argument is this: **money printing (i.e., quantitative easing or QE)** does not prevent his thesis from playing out—in fact, it may facilitate or *disguise* the process that leads to the "great taking."
Here’s a breakdown of why money printing doesn't negate (and may even support) Webb’s core warnings:
### **1. Money Printing Delays the Collapse, It Doesn't Solve Structural Risk**
Webb argues that QE is a temporary fix that masks the underlying fragility of the system. By injecting liquidity into markets, central banks can:
- Prevent defaults *temporarily* by propping up asset prices.
- Keep heavily indebted institutions solvent on paper.
- Enable the illusion of stability and growth.
But this creates a **larger and more fragile debt bubble**. Eventually, debt levels reach a point where even infinite liquidity can’t prevent cascading defaults—especially if confidence breaks or inflation forces central banks to tighten policy.
> “Money printing can paper over insolvency, but it cannot reverse the legal and structural frameworks already in place to prioritize creditor claims.”
>
### **2. Money Printing Benefits the Wrong Side of the System**
QE and other forms of monetary stimulus primarily benefit:
- **Banks and institutional investors**, who receive capital first (the "Cantillon Effect").
- **Asset holders**, by inflating prices of financial and real assets.
Meanwhile, the broader public experiences:
- **Asset inflation** (housing, stocks) that prices them out of ownership.
- **Higher debt levels** encouraged by artificially low interest rates.
- **Wage stagnation** relative to asset growth, increasing dependency on credit.
Thus, **QE contributes to wealth concentration**, which is central to Webb’s thesis. It builds the tower higher before the collapse—and ensures that only the biggest players are positioned to take advantage when the crash comes.
### **3. Legal Structures Still Enable Seizure Despite Liquidity**
Even if money printing were unlimited, the **legal and institutional rules Webb highlights remain in place**:
- If a broker or bank holding your assets fails, super-priority creditors (e.g., derivative counterparties) can legally seize those assets—even if central banks are providing liquidity elsewhere.
- Collateralized lending systems are still governed by bankruptcy and repo rules that allow seizure without due process.
Liquidity doesn’t override these frameworks; it may **delay their activation**, but the mechanisms are still triggered under stress—especially if leverage unwinds suddenly.
### **4. Central Banks May *Intentionally* Withhold Liquidity at the Right Moment**
Webb implies a darker possibility: that **money printing is not a guaranteed lifeline**. In a controlled demolition scenario:
- Central banks could withhold liquidity **at a strategic moment** (like in 2008 with Lehman).
- This would trigger a cascade of failures, allowing creditors to take possession of pledged collateral.
- After the seizure is complete, QE could resume—but **only after assets have changed hands**.
> “Liquidity will not be used to save the public; it will be timed to transfer wealth first, then restore ‘order.’”
>
### **5. Inflation Limits Central Bank Response**
As the debt load increases, printing more money becomes inflationary. This can limit the Fed’s (or ECB’s, etc.) willingness or ability to intervene aggressively without destroying currency value. Webb’s thesis doesn’t require a monetary collapse, but if one occurs, it accelerates his vision of **centralized control through digital currencies, asset seizures, and dependency**.
### **In Summary:**
Money printing does not invalidate *The Great Taking*; it **masks systemic risk**, **concentrates wealth**, and **delays reckoning**—possibly just long enough for legal and financial frameworks to be used in a crisis to extract ownership from the public.
To Webb, QE is not a safety net—it’s **a setup**

2025-06-18 15:11:19

A centerpiece of The Great Taking’s thesis seems to be that there will first be a (nominal) crash in asset prices. Does he address why printing money for bailouts won’t counteract that?

2025-06-18 14:04:50

GM to everyone who is mRNA free or admits they made a mistake by taking experimental gene therapy.

2025-06-18 02:49:59

Compilation of 30 years of Netanyahu’s lies.
https://v.nostr.build/zkW3qCwI6jnr3ZwA.mp4
#note1n2d…75r9

2025-06-18 01:07:39

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Genius meme

2025-06-17 20:47:59

Zionist friend’s response to this image is that it’s because Israel has done such a good job of thwarting them for 30 years.
#note1n2d…75r9

2025-06-17 20:46:13

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No, you are. Two instances of bad faith and besides, you’re in a death cult anyway. So bye.

2025-06-17 18:11:14

Who owns the mortgage that you used for your speculative attack?
https://i.nostr.build/GzLf6yEhGHNyuBr9.gif
#note1rm4…psj9

2025-06-17 17:46:49

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First part is great, I will use that. The Great Taking is way too much for him to handle.

2025-06-17 12:46:19

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That word “justified” always gets thrown around, instant sign that someone is acting in bad faith with bait. 9/11 wasn’t “justified”, but don’t you think it would be useful to listen to your enemy’s grievances? https://m.youtube.com/watch?v=mDND5tcUFoI

2025-06-17 01:00:11

On the verge of a nuke for over 30 years. Netanyahu spoke before Congress in 2002 to say that Saddam Hussein was also on the verge of a nuke…he lied. When will a critical mass of reasonable men wake up to Israel’s lies?
https://i.nostr.build/sUiCo2JG6CoLgwcc.jpg

2025-06-16 23:55:50

Do the American masses really not know that their 401ks and mortgages fund war?

2025-06-16 17:10:42

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All these death cults yearn for the apocalypse.

2025-06-14 19:28:08

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Underrated movie

2025-06-14 19:27:31

The term “religious fundamentalism” only applies to religions that aren’t the one that I follow.

2025-06-13 14:00:00

https://fountain.fm/episode/EToUwfeYBUnHYfwTqjNR MMTers and chartalists straight LIE about history. The examples they give of State creation of money serve to *refute* their theories. They’re mentally ill.

2025-06-12 22:36:30

Schrodinger’s Monetization: Bitcoin will somehow eat hundreds of trillions of dollars in monetary premium, yet not be a threat to treasuries or the dollar. Make it make sense Michael, you can’t have it both ways.
#note19l5…hmgk

2025-06-12 00:56:13

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AI spam on Nostr is going to make this *so much worse*. WoT really needs to work 😅

2025-06-11 21:58:54

“Own nOtHiNg AnD bE hApPy. What are you gonna do, rent?”
Shut up, retard.
#note1k2m…akys

2025-06-11 20:24:15

The best tweet ever
https://i.nostr.build/jgMjKZb53i9GTgxU.jpg
#note1ce0…4qy0

2025-06-11 16:43:22

Call things what they are, not their euphemisms.
https://i.nostr.build/aI02P2bPgsd2uncX.jpg

2025-06-11 16:19:54

Which is better for payments in a high-fee environment, Phoenix or Aqua? Cc @npub1qny…95gx

2025-06-10 20:23:38

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You already tricked reasonable men into giving you an ethnostate, what more do you want? Pray they let you keep it.
https://i.nostr.build/gAK3HsF0jrt13c9k.jpg

2025-06-10 18:56:20

https://m.youtube.com/watch?v=2C6TFfIzUIc
https://i.nostr.build/p6XgfjmB5p8DUSkd.jpg

2025-06-10 14:37:59

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https://i.nostr.build/s4C1GmnPyzQocn3N.jpg

2025-06-10 13:55:51

GM
https://i.nostr.build/Yhzrix5MglvxoLCA.jpg

2025-06-09 19:12:54

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He had his moment. I moved on. More useful new people.

2025-06-09 19:10:37

If only someone would ask Jordan Peterson how Israel would do without central banking.
You’re in the belly of the beast now, bucko.

2025-06-09 01:26:52

We don’t top till Novogratz gets a tattoo of a Bitcoin treasury company logo.

2025-06-06 00:09:43

What a thumbnail title, Ryan definitely wrote that 😂. Hook it to my veins.
https://m.youtube.com/watch?v=uvLXJUjPMi0

2025-06-05 17:04:42

Houses are shitcoins. Sell them, buy Bitcoin. Don’t be a Stockholm Stacy. Detox from fiat propaganda. Save in Bitcoin, not houses.
#note1803…dc8w

2025-06-05 16:41:43

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Except houses are shitcoins, an overly monetized, weak money. Yes, dump your shitcoin bags on Blackrock and use the proceeds to buy Bitcoin. Hodl, rent, then eventually buy the house for a few hundred thousand sats from Blackrock.

2025-06-05 12:12:52

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It’s just much easier to print money.

2025-06-04 18:57:37

Everyone here, except Peter Todd, is on the Palantir terrorist list.
https://i.nostr.build/Q1Y6Y1DU7Agc3IiA.jpg

2025-06-04 17:25:39

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Eric Semler seemed pretty based and knowledgeable, based on a few podcasts that I saw. Even with his “small” stack.

2025-06-04 17:22:42

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Semler Scientific must not count…

2025-06-04 12:55:43

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https://i.nostr.build/c31czUUOAIiSNgxR.jpg

2025-06-04 12:52:29

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https://i.nostr.build/L6Y46l3Q23tR778m.jpg

2025-06-04 12:51:20

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The Fed board are the OG vibecoders

2025-06-04 12:30:47

https://i.nostr.build/9AaIY2mHPnWBuuyI.jpg
#note1ddk…mguw

2025-06-04 12:21:44

Start saying “pharmaceutical industrial complex” around your friends and family.

2025-06-03 23:36:01

https://m.youtube.com/watch?v=Giuzcd4oxIk Masterpiece. Extremely dense and efficient.

2025-06-03 15:02:43

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“The first generation in history that wants to do better than their children.” Tim Dillon

2025-06-02 19:45:52

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https://i.nostr.build/Rh9vZ5rQNxeLSxgQ.jpg

2025-06-01 18:51:57

https://i.nostr.build/3vsxCla8vQnqMnAs.jpg
#note1q8v…uyn6

2025-06-01 18:38:57

Lightning fees ≠ yield

2025-06-01 17:19:40

What’s the Austro-libertarian interpretation of the “Gilded Age”? Because popular media sees it as a disaster.
- Excessive poverty
- Too small government, not enough regulation
- Can’t vote out the “robber barons”
- Increase in wealth inequality

2025-06-01 13:01:59

Dust off your June memes
https://i.nostr.build/Y5kstWY7lppaTjgv.jpg

2025-06-01 12:49:24

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But I thought Tim Dillon was the new establishment media 🤣

2025-06-01 12:27:54

Sunday meditation
#note1rxg…zgnd

2025-05-31 17:04:36

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So goddamn few

2025-05-31 15:34:57

The best presentation from the Stablecoin Conference…and in not the way you might expect. @npub1gdu…6nak brings the heat as usual. https://m.youtube.com/watch?v=SFUiGTayVL8
#note1vec…76gq

2025-05-31 13:00:50

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That’s not an answer to @npub1ghc…ygat's question, just a repetition of your initial statement. You didn’t refute Saifedean’s hypothesis with any logic. What specifically did he get wrong and why?
- Tether (growing) doesn’t sufficiently lower yields or the debt?
- New demand for tether is not displaced demand, but real demand? From where?
- Tether’s reserves won’t eventually be dominated by Bitcoin instead of treasuries?
Or are you just triggered because he refuted Blue Check dogma that only seems true because of repetition?

2025-05-31 02:33:16

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You’ve spent too much time on X and not enough on Nostr.

2025-05-30 15:26:59

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https://i.nostr.build/i5n7rsLAEeOvGjVu.jpg

2025-05-30 15:20:09

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https://i.nostr.build/3uEmwK2IoUvHUDzZ.png

2025-05-29 18:12:44

Saifedean > Bhatia

2025-05-29 12:28:30

Are there specific relays that broadcast this sludge that I can disconnect from?
#note1dcm…j4xk

2025-05-29 12:18:11

How do I mute everyone from “Activity Pub”? I don’t want to see a single thing from those loser soyboys and screeching witches on Mastodon.
https://i.nostr.build/9xYzgrC0IyWClVgD.gif

2025-05-28 21:17:23

If you were really serious about making housing affordable, you’d start by having the Fed sell its $2.2T in MBS, then removing default protection for Fannie, Freddie, and Ginnie. Shocking how few people realize that the US housing market is already nationalized, with ~95% of US mortgages either owned or backstopped by the government. https://m.youtube.com/watch?v=j4IriSJ0kmE
#note1qzu…qgz4

2025-05-28 20:52:20

From the banking crisis in 2023
https://i.nostr.build/hSdif78PTHvI6dsa.jpg

2025-05-28 12:58:04

The reason why the Covid vaxx was out on the childhood schedule (6 months+) is because if it’s on the childhood schedule, then the manufacturers get the childhood blanket immunity applied to any harm to *adults*.
There are plenty of demons at CDC/NIH/FDA and pharma that need to be tried and executed. A reason why doctors were hung at Nuremberg was to send a message to the future: DO NOT VIOLATE INFORMED CONSENT, OR ELSE. Clearly, that message was forgotten and therefore, needs to be refreshed. Trials. Executions.
#note18k6…09hx

2025-05-27 22:45:46

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Alex Mashinsky, former CEO of Celsius, famously said that self custody was more risky than using a custodian. He offered yield as a custodian and blew up. He’s now imprisoned for 12 years.
So when there a “cluster” of people all saying things like that and offering custodial yield, I’d call that the “Mashinsky Moment”, which could be used instead of the Minsky Moment. https://en.m.wikipedia.org/wiki/Minsky_moment

2025-05-27 21:42:25

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https://i.nostr.build/VVVk79qPyPF4TUOQ.jpg

2025-05-27 12:53:15

“Oh no, politicians ultimately decided to increase government spending.”
https://i.nostr.build/6dGPPYu6kXX4pIOH.png

2025-05-26 16:33:16

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Way to plant, Ann.

2025-05-26 01:23:09

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https://i.nostr.build/vzrvWeOcXbb5UFu8.jpg

2025-05-25 22:08:20

If you haven’t seen this site yet, I highly recommend it. Bookmark to show others.
#note1qxk…qajv

2025-05-25 17:55:58

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https://bitcoinsperperson.com/

2025-05-25 15:30:42

My vibe every single morning, even with all the ETFs, corporate/nation adoption, etc. Somehow, we still know before anyone else, ~99%
https://v.nostr.build/Bx6PlbjxzViKbWl0.mp4

2025-05-24 20:30:28

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Tsunami of inheritors coming

2025-05-23 22:54:07

“Coercion is inefficient” is an ace in the hole here.
https://i.nostr.build/f1PhLDVPl9T7imk1.jpg

2025-05-22 19:16:01

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#note1wc7…a6ej He definitely did NOT take any money from Qatar.

2025-05-22 18:54:54

Amazing he got them to release the whole thing, smart that he advocated for it publicly. People sleep on Tim and forget how smart he is. He has good common sense.
#note1mrl…t3p0

2025-05-22 15:12:29

I’ll be a 🏳️‍🌈🐻 this one time: I think 200oz of gold by conference day is not in play.
#note1d2e…2pr5

2025-05-22 11:28:56

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GM
https://i.nostr.build/4fujZVMgSjDnrtKu.gif

2025-05-22 11:26:23

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https://i.nostr.build/h3qkxtInkBorznRu.gif

2025-05-21 21:21:06

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Too Big to Fail. Propaganda that paints Paulson, Bernanke, and Geithner as heroes, which is pretty disgusting, but you do learn a little about the machinations.

2025-05-21 21:09:04

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https://v.nostr.build/G5nkzBbxMLn8Dyo7.mp4

2025-05-21 15:08:20

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Path dependence

2025-05-21 14:58:46

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You’ll have no property outside of the State. No escape. Eternal 1984.

2025-05-21 14:17:08

If Bitcoin fails, you’re as good as dead anyway, in fact you’d be better off dead. There’s no reason to not be all in.

2025-05-21 13:20:08

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Ben Lawsky is one vile motherfucker.
https://i.nostr.build/hOi0vHeycDpUoS02.jpg

2025-05-21 12:40:24

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ROCKETSHIP GET ON BOARD

2025-05-21 12:09:11

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https://i.nostr.build/Uhb7zG7M654zcAoc.jpg

2025-05-21 12:05:11

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Calculate it here https://calc.bitcoineracademy.com

2025-05-21 01:20:24

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Here. https://m.youtube.com/watch?v=NsoGI-6zNQg

2025-05-21 00:00:05

Is there such a thing as a read-only relay? Say Kanye wanted to post to Nostr with his own relay, but didn’t want to store everyone else’s notes.

2025-05-20 16:56:54

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You’d predetermine where funds will be (automatically) sent to upon channel close, ie. To an address you control.

2025-05-20 16:40:52

Even if all CTV did was make it so LSPs couldn’t force-close-rug you, it would still be a tremendous upgrade.

2025-05-20 01:04:30

“Does this look like a man who’s been bought by Qatar?” #timdillonstr
https://v.nostr.build/z7ixWQq6ehmu5RHi.mp4

2025-05-20 00:24:45

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https://i.nostr.build/3qLBHBrEtzV39CNL.jpg

2025-05-20 00:07:59

Countless times I’ve told people that they don’t have to buy a whole Bitcoin, it’s divisible to 100m subunits, they can buy tiny amounts, even $10 worth.
And they hate me for it. They want an excuse to avoid dealing with understanding Bitcoin and their Sunk Cost. They resent me for taking that away from them with knowledge. I’m met with either silence or yet another dumb excuse.
Let them eat bonds.
https://i.nostr.build/vz6g12JhzWArdVja.jpg

2025-05-19 20:36:36

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https://i.nostr.build/1bIcMfi5qVaoS5Dq.jpg

2025-05-19 00:44:50

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ETFs are safe and effective

2025-05-18 23:03:44

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So Jack is an energy vampire
https://i.nostr.build/OyPhkjS3b249yrpf.gif

2025-05-18 14:57:02

Idk why but this always makes me think of you @npub1der…xzpc
#note19t8…0tc3

2025-05-18 13:56:09

Bitcoin treasury reserve stonks on Robinhood > Cryptos on Coinbase, Binances, noKYC exchanges.
1. Imagine you can degen trade “crypto”/Bitcoin from your phone.
2. On something you’re already signed up for.
3. Without ever needing to touch actual Bitcoin to transfer, without even so much as a mobile or browser wallet.
4. They all get specific national attention by CNBC because they’re publicly traded companies.
5. Plus, I assume there’s leverage/options etc.
The barrier to entry for degenerate gambling is gone. Strap in and strap on.
https://i.nostr.build/TYeEeb493tKWJ7mM.gif