With sincere apologies to Ms. Borden,
Lizzie Warren took an axe
And gave poor Bitcoin forty whacks
But Bitcoin laughed and said, “What fun!”
And gave poor Lizzie forty one.
It’s a funny thing about Elizabeth Warren. Every time she does something stupid, I just can’t help being grateful. When she steps on her dick (and please don’t over-think that thought) it always catches up with her when the truth comes out. And bless her pea-pickin’ heart, she does it so often.
Lizzy tries hard to spread FUD about things she doesn’t like but she, and her bumbling staff, are so blazingly incompetent, they regularly smear egg (or worse) all over poor Lizzie’s face. And then, praise be, she just ignores the debacle and marches resolutely on to the next fiasco.
Here’s an example. Lizzie arranges a fraudulent Wall Street Journal article then holds a Senate hearing using the article to show that Bitcoin is a powerful financial tool favored by terrorists, drug cartels and money-launderers. The article is so bereft of truth that the WSJ is forced to publish a “correction” and the witnesses at her hearing actually contradict her bogus claims.
The hapless Warren then cons 101 Congress folk into signing off on a letter she sends to the White House demanding action based on the article and the hearing.
Poor little Lizzie was then flayed with—ohh my—actual data from actual expert sources. Nic Carter, founder of Coin Metrics, took Lizzie to the woodshed with an exhaustive examination of the truth HERE.
In that article Carter concluded by saying,
“If I were a member of law enforcement, it would be my preference that terror organizations solely utilize crypto, rather than cash or banks. This leaves an indelible paper trail, and creates abundant opportunities to seize or interrupt financial flows, which law enforcement have become quite adept at doing.”
Lizzie really dislikes Bitcoin because she understands the threat it poses to her little con game. She just loves picking paper dollars from the free money tree while you and I have to work for ours. She knows Bitcoin will put a stop to Fiat and that’s gonna put her out of business.
With her backside still glowing from the butt-kicking she received the first time around, the ever-dependable Lizzie repeated the stunt several weeks later. Another bogus WSJ article and another Senate hearing, this time with a new star witness, Jamie Dimon, the Chairman and CEO of JPMorgan Chase, the largest bank in the world. Surely he could make things better. Right?
Consider this: over the past twenty-three years, JPMorgan Chase has been fined an incredible 39.5 billion dollars for nearly three hundred violations of various governmental regulations. JP Morgan Violations
That works out to 4.7 million dollars every single freaking day for twenty-three years. Astonishing!
Little Lizzie can’t hold a candle to her star witness but they do make a lovely pair. Call them the Bonnie and Clyde of Fiat.
But there is good news that makes me thankful for Lizzies antics. These two grifters clearly do not understand that attacks on Bitcoin make it stronger because it is antifragile.
This concept was formulated by author Nassim Nicholas Taleb in his seminal book, Antifragile: Things That Gain From Disorder. In that work he states:
“Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors. Antifragility is beyond resilience or robustness. The resilient resists shocks and stays the same; the antifragile gets better.”
Does this mean that Lizzie is powerless to hurt Bitcoin. Certainly not. We will win in the end but the capability of those she serves is broad and deep and they have many tools that can inflict a lot of pain. What can we do to counteract their tyranny? Happily that is quite simple.
Keep a sharp eye on those who would do us harm
Stay humble
Stack sats in COLD STORAGE (Swan Bitcoin strongly recommend)
Pass the word
Ohh, and one other thing,
When your foe is screwing the pooch…get out of the way!
Okay so what does this have to do with veterans?
Simply put veterans are trained antifragility practitioners. They completely understand how physical and mental stress are valuable training tools. Countless popular movies portray drill instructors pushing trainees beyond their physical and mental limits. Every military officer and every enlisted trooper has a story recounting how they were punished and abused in Basic Training and far beyond.
On the other hand, most service members will admit they were better off because of the harsh treatment, especially the combat veterans. This element of military service is also an iconic theme in war movies. The shit you take now makes you stronger when it counts the most.
Military veterans bring these qualities into the Bitcoin space. Antifragile warriors devoted to an antifragile project that will save the world. What could be better?
Back to Lizzie for a moment. I enjoyed the movie Jack Reacher with Tom Cruise. In a wonderful scene, our hero is confronted by five thugs in a bar. (Yeah I know, some version of this scene is in every other action movie but this one is special).
I try to watch that scene at least once every week because it triggers an emotional, almost erotic thought in my fevered mind. Out in the alley, Lizzie Warren’s face replaces the head thug’s ugly mug with its foolish grin. And Tom Cruise’s face morphs into the bright orange Bitcoin logo. And just before he seriously impairs the head thug’s dangly things, Mr. Orange says in a low voice,
“Remember Lizzie you wanted this.”
The day will come when Lizzie Warren will slither out of town along with thousands of other rent-seeking cretins. We can all look forward to that gleeful day. Hopefully she might even get away without having her head shaven.
If you are a veteran, come join us on the Bitcoin Mission!
If you are an employer, enrich your business with veterans. They know all about sacrifice in the service of others. For more info visit us at OPERATION BITCOIN
Until next time shipmates!
Damn the FUD! Full speed ahead!
Olde Salt.