JOJO_IterLabs

When the storm of the times rages, saplings will be uprooted, and fragile high-rises will be shaken to the ground.
But trees with roots sunk deep and trunks that know how to bend with the wind can not only survive the storm, but also grow into towering trees after it passes.
All the psychological conflicts and adjustments you are experiencing now are precisely the process of your roots burrowing deeper into the earth.

I just finished watching Catching Spies.
It really stays with you—it's a good film with truly unique subject matter.
I deeply felt the history of my grandfather and my parents' generation, as well as the meaning of life in the context of their times. Times change dramatically, and every generation has its own meaning within the context of its era—we cannot escape it.
Perhaps our era is changing the fastest. Although it is not as heavy as the times our ancestors lived through, we should still follow the times and seek the meaning that belongs to us.

Sun Ge really has no such conventional standards—he’ll do anything as long as it benefits him.

Bitcoin is at odds with the dividends of the real world, which are reflected in the expansion of fiat money supply.
Conversely, the world going all in on AI, biotechnology, aerospace, quantum computing, and other technological industries that benefit all of humanity directly strengthens fiat money, putting it at odds with Bitcoin.

【My Girlfriend Jing Tian】has become a classic literary symbol
Regardless of whether the story is true, the narrative technique is exceptionally masterful

Nothing is forbidden; anything not prohibited by law is permissible.

What we want is replicable success—not inspirational fluff, success manuals, or, even more so, packaged success personas.

I wanted to ask, once men reach their forties, are they all at the peak of their lives, with basically all social resources concentrated in this group?

Seems like I feel fearless again.

Memories' whirlpool is about to drown me.

Any loss of control you can imagine doesn’t count as loss of control
The loss of control that actually occurs is definitely unexpected

Whether it is the central bank, government finances, commercial banks, companies, or households, changes in any macro variable—interest rates, inflation, exchange rates, or asset prices—are essentially the transfer and restructuring of funds across the balance sheets of different entities.

Only when liquidity crises and black swan events, including major crypto blowups, occur will Bitcoin reach a true bottom.
It is still too early to discuss whether this is the bottom; the global economy will continue to experience major volatility over the next one to two years.

To deal with economic crises, both the US and China are playing a debt-swapping game, replacing old debt that is about to blow up with new debt to ease the crisis
It is no different in essence from an indebted person robbing Peter to pay Paul; instead, it reduces purchasing power and drives inflation higher
The worst thing is not inflation—after all, liquidity is still there and the economy remains active; it just means purchasing power has shrunk and someone bears the depreciation of assets
The worst thing is stagflation: not only inflation, but no liquidity either. Then it is truly over.

Bitcoin is really looking more and more like gold—holy crap.

Almost there, almost there—keep waiting for the rate-cutting cycle to begin. The U.S. Treasury has stepped in to rescue the market; it feels like the pressure is becoming unbearable.