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The percentage of civilized men who breathe correctly is quite small, and the result is shown in contracted chests and stooping shoulders, and the terrible increase in diseases of the respiratory organs, including that dread monster,
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“In the following chart we see a trend line drawn connecting the support levels where the stock has found support on 3 separate occasions. See Figure 9-1 below. It only takes two points, or lows, to draw a trend line. Meaning, the trend line drawn in the above chart could have effectively been drawn after the stock had found support at point 1 and at point 2. However, while it only takes two points to draw a trend line, a third point is necessary to identify the line as a valid trend line. How does this help us? By drawing a trend line connecting points 1 and 2, we can then extend the trend line to the ‘infinite.’ Understand?”
― Charting and Technical Analysis
― Charting and Technical Analysis
“As the stock trades lower each day, what is the volume doing? Right! It is increasing. The volume is confirming the trend. We always check the volume. If a stock is advancing and the volume is declining, then it is not confirming the trend.”
― Charting and Technical Analysis
― Charting and Technical Analysis
“We’ve seen what happens with the development of the cell-phone technology that was deployed in Africa faster than any other technology ever in the history of humanity. We see small villages, where they have no running water, wood fires to cook with, and no electricity — yet there’s one little solar panel on top of a mud hut and that solar panel is not there for light. It’s there to charge a Nokia 1000 feature phone. That phone gives them weather reports, grain prices at the local market, and connects them to the world. What happens when that phone becomes a bank? Because with bitcoin, it can be a bank. What happens when you connect 6 1/2 billion people to a global economy without any barriers to access? ”
― The Internet of Money
― The Internet of Money
“There are 2 billion people who have no bank accounts at all. There are another 4 billion people who have very limited access to banking. Banking without international currencies, banking without international markets, banking without liquidity. Bitcoin isn’t about the 1 billion. Bitcoin is all about the other 6 1/2. The people who are currently cut off from international banking. What do you think happens when you suddenly are able to turn a simple text-messaging phone in the middle of a rural area in Nigeria, connected to a solar panel, into a bank terminal? Into a Western Union remittance terminal? Into an international loan-origination system? A stock market? An IPO engine? At first, nothing, but give it a few years.”
― The Internet of Money
― The Internet of Money
“Today, I want to talk about dumb networks. I want to talk about smart networks. I want to talk about the value of open source when it meets finance. And I want to talk about the festival of the commons. Bitcoin is a currency. Bitcoin is a network. Bitcoin is a technology. And you can’t separate these things. A consensus network that bases its value on currency does not work without the currency. You can’t just do the blockchain without a valuable currency behind it, and the currency doesn’t work without the network. Bitcoin is both. It is the convergence of a participatory consensus network and a global, borderless currency that is fungible, fast, and secure.
Today, I want to talk a bit about the bitcoin network and focus on one concept that has some parallels to the early internet.”
― The Internet of Money
― The Internet of Money
Trey’s 2025 Year in Books
Take a look at Trey’s Year in Books, including some fun facts about their reading.
29 books
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8 friends
0 books
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40 friends
1 book
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120 friends
0 books
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90 friends
0 books
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19 friends
1 book
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54 friends
10 books
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2 friends
8 books
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19 friends
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