Comments by "Frostie-Flake" (@PlanetFrosty) on "Peter McCormack" channel.

  1. Very good discussion on Federal Reserve and US Banking historically.
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  2. China is going to collapse $136 Trillion USD in debt in real dollars all debt in various entries tied to PBOC. It’s unsustainable.
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  3. New Ukraine Heavy Metal Band SMASHING RUSSIANS preforms in Izyum!
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  4. HIV is running at 60% in Russian Army as anal penetration used as punishment in “family friendly Putin’s Russia.” STD rates running the highest in the world in Russia.
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  5. Peter, you’ve described “follow the science” as the Climate Change religion. Do you pray often to Klaus Schwab? You spouted the WEF talking points. Corporatism and crony capitalism are the threat clean air and water so on using regulatory capture to enshrine their abuses of “neighbor” protected from tort law.
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  6. Lightning Network Liquidity and optimization is our business starting with communication carriers settlement between themselves. From there the integrated Router Infrastructure integrating full self healing Internet, Lightning and Bitcoin.
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  7. Bitcoin needs revision because it creates economic division as bad a as fiat. It’s issues multiple and and in both hardware improvement in and new enhancements in software. There is serious issues not being addressed.
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  8. Peter, I think you’re being honest on your journey. The “left” and “right” both have authoritarian tendencies, so honest debt is difficult, if possible at all.
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  9. I admit the repricing is coming, but bitcoin and layer 2 is more than bitcoin. There is more subtle way out without disaster. He’s right on the 4-1 debt, but he’s looking at it as one of thieves. He’s gained his wealth through theft. US deficit is tiny compared to China massive and host of other countries. The way out is transition to sound money.
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  10. China just keeps rolling over its bad loans keeping them on the books.
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  11. I think it’s clear she, and you Peter do not understand the Youth Freedom movement. This is critical because America’s new leadership is needed because the ending of of totalitarians is emerging. Petrodollar myths about something that doesn’t exist. It is a concocted mix that you Eurodollar University guest identifier. To be sure, being the Reserve Currency does not serve us and is harmful in the “Globalization” phase. However, constitutionally, from the very founding of the country, we did define a role in protecting our own trade and assisting those in need. Doing the right thing and being an example of the best of humanity. America needs to recapture it’s minimalist government and be an example, and recognize that our unique constitution provides that opportunity to focus of trade that benefits all. The Iraq War, Afghanistan and so on represent entanglements with dictatorial regimes in a way that compromised our values. We need to shape our trade so that it represents our values and not that of corporatists who are only chasing ROI without values. The very corporate structure that projects power has run its course and the age of “federation” and decentralized global freedom is nearing. The collapse of totalitarians is occurring and the age of “Orange Pilled World” comes in trade, in a new world of exchange, built, in part on American values of fairness and small government. Technologically this is occurring with the and it will have an impact on government and down sizing. Europe needs to learn this, but technology changes and moves us towards a more democratic world. This is my business. We are working from a base protocol model to integrate Lightning Network into a fully distributed self healing converged network that accomplishes the America she envisions in part, but by further creating true freedom of association, speech and movement. These technological innovations bring about the end of fiat. Her view I submit is ultimately “Anti-Bitcoin” because it denies expanding innovation and the ever expanding “pie” of individual innovation and true support of property rights. This is my business which will soon have thousands of new routing infrastructure that enables onion routing on a high bandwidth scale and the full self healing infrastructure of the internet converged communication, inflight secure compute and true freedom. The age of carriers or governments controlling people is coming to an end. Her view of China is a lie on poverty China is 600% of GDP to debt. China is the great Ponzi Scheme aided by US authoritarians on Wall Street with no moral fiber or values. I know Chinese intimately, it is not as she portrays at all. Poverty is growing inside China. The police state of the CCP gets more money than the PLA. They are not benign and her view can lead to us drawn into conflict to protect ourselves, but unprepared. The new Internet and technology brings about change and freedom. Yes, the pain of these reforms will come in the next ten years or less. Global Youth Freedom movement is already happening. Multipolar is a representation of communism and European feeling of being inadequate. China will collapse in the next three years and Russia desegregate. No, she lacks the technological vision to see what is already occurring in Youth and music videos embracing freedom. What she proposes is a “fools errand” based on still top down reordering. Technology unwinds the need for these government structures. Ultimately, her views are truly ANTI-BITCOIN and destroys property rights of bitcoin. They are flawed because of a lack of technical understanding.
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  12. @What Bitcoin Did — Peter you need to look at ordinals as assuring property rights in ordinal titles for real property, automobiles and so on. This brings something to failing governments a chance to restore individual property rights and hard money to restore societies. I see this as an opportunity to bring “ancap” goodness to displace totalitarians. Because Ethereum is really a shit coin. Ordinals brings fairness to property rights beyond just bitcoin as sound money. It helps the poor. Peter, look at this from a human rights value. The “art” on ordinals is not even the prime use.
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  13. Very good discussion.
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  14. Absolutely excellent conversation and discussion really on point. That with Constitution discussion fit well together.
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  15. Excellent thoughts and I really agree with your points.
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  16. Libertarian isn’t “right wing” it’s just libertarian. We’ve fallen into the bipolar media left right. By enlarge, the more progressive don’t understand self interest for good. They often adopt a Marxist view of it. Corporatism is dysfunctional and inherently more centralized.
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  17. Is Balaji a communist? In reality he demonstrates his lack of Constitutional grounding.
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  18. Foss has too many ties to fiat methodology and process. As a bond trader specializing in distressed equities this was a OLD FIAT MODEL DISCUSSION, not a bitcoin discussion. GAAP is missing the point and entirely and focused on unhelpful understanding. Pension funds are ready to invest in anti-capitalism in China. THEY’RE IDIOTS NOT GOOD FOR BITCOIN.
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  19. Share buy backs are why NFTs not stocks make more sense
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  20. Peter, @What Bitcoin Did Chuckie is a quantum being. Watch out?
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  21. Junseth-isn’t bitcoin PRESTIGE? Wasn’t it originally cypherpunk prestige?
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  22. Russia is finally broke with cholera running rampant in Moscow. China is $400 Trillion in debt with a total of $600 Trillion including SOEs.
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  23. Peter, Progressive ideology is fundamentally flawed and has at its core totalitarian or authoritarian tendencies that are anti-freedom and private Cryptocurrency. From Vlad Vexler to even Macron US Progressives have been called out as authoritarians and destructive to democracy. Peter, your trying to white wash and rehabilitate a flawed political philosophy is silly at best and destructive to bitcoin at worst. Look no further than the Biden Administration anti-crypto stand to see the truth and nearly all on the government control bandwagon. I’m eclectic in my own political interests, but the reality is the very underlying internet infrastructure is being centralized under progressive policies. Big Platform Tech has their bedfellows. Attacking infrastructure is the political clandestine effort of progressives.
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  24. There remains heavy frontier mindset in US still and the Constitution fosters frontier mindset.
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  25. Elizabeth “the lizard” Warren created the CFTC which functions outside control of congress or the executive branch. It’s also a challenge to be subject to judicial review because it’s tied to Fed which also has no control over it.
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  26. She must have been speaking of Obama that consolidated power, entrenched DNC party operatives in deep state and spoke of 3 or more terms on multiple occasions. Trump joked, but in no way did the dastardly underhand consolidation of a Monarchical President. To be sure, Bushes did much the same, but not like Obama in cahoots with Hilary Clinton who managed the money and corporatism bordering on a Fascist State. Obama attacked the press and prosecuted them on multiple occasions. She knew full well Obama imprisoned briefly a reporter, spied on AP and so much more.
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  27. M2 management has not been helpful by the Fed.
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  28. My company is working on quantum error correction.
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  29. Bitcoin for Communists! Are you nuts? What a waste of time.
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  30. The State Department is the War happy Government entity, but pretends not to be.
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  31. I love this series as well, but the Fed’s moves are not all about the US. The ECB F’d Up, China is F’d up and so on down the line...Russia is BS...the FED is printing money for the world, BUT BITCOIN FIXES THE NEED FOR THIS FED BS! The Fed should love Bitcoin, I wrote a paper on creating a US World Reserve Cryptocurrency 3 years ago like bitcoin with defined limit.
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  32. Peter, you don’t understand communism or progressive ideology tied to its failed concentration of control that chokes off communication and innovation. You’re trying to shoe horn in progressive centralized socialist views into bitcoin which is anarchic at its core and freest of exchange of ideas we’ve ever had.
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  33. Great program, Peter! Thank you for what you do. Comments on free speech were well needed. I focus on technical infrastructure so we can transact safely and freely. I’m gravely concerned internet infrastructure has gotten to centralized not unlike Communist China. It is critical we embrace free speech and personal privacy.
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  34. CHINA OWNS BRITON! Space Program was Ukraine Program using actual Ukraine’s Space prowess! China is near collapse and real DEBT IS $136 Trillion. The CCP is a thug state full of corruption.
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  35. Excellent! Art Laffer in a recent talk with Cathie Wood described the need for an elastic component to bitcoin ecosystem possibly through Lightning Network and/or Federated Minting. I’m working on the software/hardware that make make this reasonable without undermining core bitcoin value.
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  36. Proposals and assumptions about Trump demonstrate to me there is some ANTI-BITCOIN FREEDOM slipping into your thinking. The answer to misinformation is more validated information. Keeping Free Speech means more speech to combat falsehoods, but that requires engagement, not trolling or unbridled harassment. This is an institutionalized approach which will always fail you because it’s centralized. It’s not subject to true universal scrutiny. Bitcoin enables Freedom and Self Sovereignty, not oppression by centralized institutions. Truth will always when out when we apply reason and understanding. This also breaks down polarization. Notice from ATIFA to BLM they want to crush open debate and exchange. Canada now is crushing freedom of speech on the internet becoming more authoritarian. In US Democrats from Hilary Clinton to Obama and Biden scream for oppression of free speech. This institutionalized attitude of authoritarianism has infected a lot of US Feds, Courts and more IGNORING THE US CONSTITUTION!
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  37. @What Bitcoin Did—In spite of my criticisms, this is a good interview. While the Polly Anna view of US Democrat Party is not supported by evidence, your guest wishes it so. Silicon Valley Bank was largely a Democrat supporter Bank. It was disingenuous to call out Peter Thiel and not the 90% Democrat SVB operation. Those are the cold hard facts, he’s a good guest, but wants Dems to be better than they are. Big money Dems from Warren Buffett to Bill Gates, they are oppressors of the poor. They creat the illusion of caring...don’t get me started on feckless GOP.
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  38. I disagree “US is Strip Mining the World” because Jeff Both is completely disconnected from the VERY DISTRIBUTED EURODOLLAR WORLD. “Technology is deflationary” I completely agree with and creating the infrastructure globally to fully secure Lightning Network and massive bandwidth. THE POOREST WILL OWN THEIR NETWORK. Transactions become entirely trustless transaction.
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  39. @What Bitcoin Did—I’m sorry Senator Elizabeth Warren was involved in stealing people’s homes nearing foreclosure and flipping them. She is tied into big banks and taking big money in the back door even while bashing big banks. Public record verifies this clearly. There is video as well. She is a crooked politician. Obama created the deep, deep state allied with DNC through work rules changes embedding his picks till retirement.
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  40. Alex kisses graft and corruption in countries in debt. The leftists created graft and corruption. Very flawed work. IMF failed because it ignored corruption and ignored rule of law. Supporting corrupt helped no one. Alex has destroyed his credibility in this with supporting failed Marxist’s ideology. This hurts Bitcoin.
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  41. Peter now bitcoin Marxist? Alex has fallen into the failed trap as did the IMF supporting Marxism blaming west which loaned ignoring failed dictatorships.
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  42. Lyn is nuts on China! In real terms debt to GDP is 600% with a lot of it hidden. Buying products made by slave labor is morally wrong. Doomberg DOOMED putting his bets on China as well. It’s clear these guys don’t read or understand Chinese social media or other material. The disaster coming is sealed as the unite with Russia which puts both on the road to collapse. Lyn didn’t fully explain the China’s sell US debt is collapsing FX position as China’s credit position falters announced by BIS.
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  43. Watch out the Digital WARREN is coming it’s worse than Digital Yuan😂 Lizzy the Lizard Warren is creating it.
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  44. Great show! The clear distinction between Eth and Bitcoin is drawn. These clear issues of VCs robbing the retail investor are what you pointed out, Peter. With technology advancement DEFLATION is often built into new efficiencies, labor saving products and services. Cathie Wood is one of the few who is recognizing rapid innovation and deflationary impact. However, this also involves “creative destruction” as new opportunity is created. I would suggest the US Dollar needs to be reoriented from a debt based leverage economy, to human advancement support economy.
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  45. USSR tried to create the “Soviet Citizen” which ultimately meant Ethnic Russians where the ideal Soviet Citizen so Russification was the order of the day. It is genocide and Putin is Evil using religion for murder.
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  46. Peter has failed to understand the right to have guns. His gun balls has been cut off. Peter just plays with guns when in US, but he has no gun balls. British have no political balls because they’re not really self sovereign. They are only political pets.
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  47. Major flaw in these conclusions and “debt” is that it enslaved on some level. The anarchist elements of Bitcoin are built on “property rights” not “money” as, Peter you presented it. We want immutable property rights, not the extension of “money” into Bitcoin because it carries TradFi and fiat failings into bitcoin. BARTER in exchange of value is the much more important. Ordinals are extending that concept of the human right to own property. To be our own self sovereign person which is fundamental to US Constitutional understanding of God given rights. Youth Freedom Movement is occurring more outside the US from South East Asia to Russia, to India and taking on authoritarian view of money. It’s reflected music videos mocking Putin to the little pinks of CCP getting humiliated and much more for 5+ years. The millions leaving Russia recently are using whatever means they can to survive and exchange value. Those moving out of totalitarian societies understand the self sovereign person through practice and need. Juneseth did capture some of the ideas in your discussion, but largely I see fear of BEING TRUELY SELF SOVEREIGN IN PRACTICE. This is where a lot of the generations from X-Z have these glimmers of understanding. Lightning has the ability to exchange value of items, services or commodities of value. Oil, iron ore and so on could be sold and transferred entirely on Lightning Network. The reality is what is needed is the network execution contract managed through “watchtower” functions in the routing. From contracting to shipping to delivery exchange of value between commodities can be done. The E-cash and Federation understanding is the lack of watchtower supervision which addresses optimization and a broader exchange of value, creation of supply chain functions and sale of commodities. This is a true de-financialization of the world economy and a new self sovereign global order. This brings world and more local trade to everyone in the world to sell and trade trustlessly.
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  48. Bitcoin is about property rights and ordinals extend property rights. Deeds, titles and secure human history as it happens. Money secures our story, our history bitcoin secured it without government intervention
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  49. Peter, I want to make it clear laws and regulations need to be unwound. Her solution is coming from the “management class” you describe. Your former guest REPACKAGED MARXISM in a manner of speaking. Technologically, Marxism and totalitarians are against the absolute trends in tech. Centralization creates weakness, not strength. Free association Federation creates the framework for a more free world. My lady friend in China was tortured for what she believed almost two decades ago in China. Now, she is so right about talent, but importing talent creates competition for the best ideas. She is right, in my opinion, and she is right about immigrants being more GOP leaning, family oriented. Again, protecting the seas for trade, undersea fiber optic cables and more are US and global interests. WE ARE SEEING THE COLLAPSE OF TOTALITARIANS. China and Russia and affiliates are decomposing around the globe. The EU economic friction removal is critical, but doing business and common defense can occur between free people. The Federal involvement in our business needs to end. However, the multipolar language is the language totalitarians are using.
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  50. Peter will be doing Player NFTs to sell to international fan base!
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