Sound money. Bitcoin critic. Austrian economist who actually read Menger, Mises and Hayek. Author of The Bitcoin Gambit on Substack.

UK and Ireland
Joined December 2022
Bitcoin is to money what Beyond Meat is to meat.
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How do these people not see it? All massive followers too. It blows my mind tbh.
Honest question. How many people do you think truly understand absolute scarcity when the human race has never experienced anything truly scarce before?
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John Makan retweeted
I am the British whistleblower who reported evidence concerning Howard Lutnick, his links to Jeffrey Epstein, and Cantor Fitzgerald and BGC to the FBI in 2020–21. Listen to the BBC File on 4 documentary about my whistleblower story: bbc.com/audio/play/m002yx47 BBC News: bbc.com/news/articles/c9q28d… I later shared evidence with the House Oversight Committee, which subsequently questioned Lutnick behind closed doors. My disclosures also contributed to regulatory action in the US and UK, including a £96m HMRC tax assessment relating to BGC’s partnership scheme. I believe the true tax exposure is substantially higher. I also reported to the FBI and financial regulators matters involving Cantor Fitzgerald’s Relief Fund and BGC/Cantor’s annual 9/11 Charity Day. The personal consequences of whistleblowing, and the retaliation I say followed, have been devastating for my family and me. Mother Jones previously reported that documents I uncovered revealed a years-long business tie between Howard Lutnick, Cantor Fitzgerald and Jeffrey Epstein through AdFin, including a 2018 exchange in which Lutnick and Epstein discussed the company directly: motherjones.com/politics/202… motherjones.com/politics/202… Follow me here on X and on LinkedIn. I intend to share more of the evidence and the story behind what happened.
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Anarchists, and all based on fundamental misunderstandings of money. Encouraging investment into an asset which one holds using such falsehoods should be illegal.
Bitcoin is the greatest intellectual puzzle of all times. It's completely open source. Anyone can copy it. Or try to change it. But none of those tweaks has any real value. Meanwhile, over the last 16 years, Bitcoin has gone up one million times. Making it the top asset class of all asset classes. And its price and adoption follow a precise power law. With 96% correlation. It is on path to absorbing all value in the Solar System. Completely crushing the entire stock market. The bond market. Gold. Real Estate. And it does this with no earnings. No "intrinsic value". It can't be stopped or banned. It can be ignored, but the adoption keeps increasing. In Bull Markets and Bears. It is something fundamental like language. Or fire. Or electricity. An inevitable discovery that will take civilisation to the next level.
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John Makan retweeted
Says it all. The Agenda is to shut down the West to create a new totalitarian world order and government. Ruled by the #UN #WEF and central private Banks. THE BLUE PRINT FOR THE 4TH INDUSTRIAL REVOLUTION. #4IR Every word he said then has proven to be true and is happening now.
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Tether, (which is well connected to the US Government), apparently decided not to save Blockstream because they viewed them as doomed. So who would be dim-witted enough to give Blockstream any money to keep their Ponzi going?
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Easily one of the most important 4Chan texts of all time.
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“What sickens me about left-wing people, especially the intellectuals, is their utter ignorance of the way things actually happen.” — George Orwell
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truly insane that no one is talking about this >Governments of the United States of America, Argentina, Bolivia, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guyana, Honduras, Panama, Paraguay, Peru, and Trinidad and Tobago state.gov/releases/office-of…
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John Makan retweeted
At first, Jean-Pierre did not understand. He watched the evening news, paid his taxes, voted responsibly and believed what respectable people told him. 1. France needed immigration because the economy needed workers. 2. Diversity was an opportunity. 3. Public services were under pressure because they lacked funding. 4. Disorder at school was caused by inequality. 5. Crime statistics required context. 6. Anyone who connected these things too quickly was probably an extremist. Then his children started coming home from school saying they could barely hear the teacher. Half the lesson was spent restoring order. Teachers changed constantly. Some simply disappeared for weeks. Jean-Pierre complained once, politely. The administration explained that the situation was “challenging” and that the school was developing an “inclusive pedagogical response.” Jean-Pierre went home reassured. There were professionals dealing with it. His neighbourhood changed too. Shops closed. Others appeared. Groups of men occupied the same corners every evening. His wife stopped taking one street after dark. Jean-Pierre noticed all of this, but he had also learned that noticing patterns was dangerous. So every event remained an isolated event. One closed shop meant nothing. One assault meant nothing. Ten incidents meant ten unrelated incidents. Only a racist would connect dots. Then his daughter was sexually assaulted by a man who had recently arrived in France. Jean-Pierre was devastated. But almost immediately he began policing his own thoughts. The attacker was an individual. Of course. One must never generalise. The television explained that exploiting such crimes politically was irresponsible. A minister warned against “stigmatisation.” Jean-Pierre found himself nodding through tears. What had happened to his daughter was monstrous, but the truly frightening possibility, apparently, was that somebody somewhere might vote for the wrong party because of it. Nothing changed. His son’s school became worse. His daughter stopped going out alone. His wife wanted to move. The police were exhausted. The teachers were exhausted. The hospitals were exhausted. Jean-Pierre was exhausted. Yet every explanation he had been given required him to believe that each deterioration was temporary, accidental, exaggerated or caused by something entirely unrelated to the deterioration immediately beside it. And whenever somebody proposed that perhaps the country had made serious mistakes — about migration, authority, education, policing, integration, punishment or borders — Jean-Pierre knew the correct answer. “Careful. That sounds like the far right.” So he remained reasonable. He remained moderate. He remained informed. He remained completely incapable of drawing a conclusion from his own life. So at first, Jean-Pierre did not understand. And he still does not understand.
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John Makan retweeted
Well, I suppose we'll have to take down the statue of Daniel O'Connell on O'Connell Street, a few feet north of O'Connell Bridge, and rename the street and the bridge. After all, we surely can't publicly honour a man who was guilty of uttering words that, according to Micheál Martin, are "unacceptable" and "tantamount to incitement", now can we?
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John Makan retweeted
Human beings are not interchangeable units. This is a lesson that European elites are now learning the hard way. When your own people are not having enough kids, you can't just replace them with random people from the third world. They don't share the same values and the same culture as the locals. Even their children, who were born in Europe, will feel alienated. They will riot and they will burn down your cities, because they have no real connection to the place. These immigrants were supposedly imported to stimulate the economy. But as the broken window fallacy teaches us, they won't help it at all. The welfare they consume and the damage they cause will greatly outweigh any work that they do. Europe will sink into economic stagnation, and its immense wealth will be drained, until there is nothing left but an empty husk with some pretty buildings. And you can trace it all back to the disdain that the elite felt towards their own people, to their treachery, and to the thought that human beings are interchangeable units. #France #riots
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Always remember when an Israeli intelligence agent went on 60 Minutes and said this: “We create a pretend world. We are a global production company: We write the screenplay. We are the directors, producers, the main actors, and the world is our stage.”
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⚠️ A whistblower who works as a border control officer at Manchester Airport has come forward. He says there is a private terminal being used to fly in migrants. "We patrol to check nothing is untoward. There is an area we can see - but are formally prevented from entering or inspecting. Regular flights arrive there - 3 or 4 times every week. Transponders are switched off, yet they are given clearance to land using a special call sign. Passengers are not screened by us - they are processed directly by Home Office personnel. They board unmarked buses. Each flight carries 200 - 300 people. These flights arrive from the Middle East and sub‑Saharan Africa. They land between 2:00 am and 4:00 am. Government gives clearance. Unmarked buses collect passengers and leave through a hidden exit gate onto restricted roads - then merge onto motorways and vanish". Full interview: jaoc.org.uk/whistleblower-in…
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F.A. Hayek argued for competition in currency. Good money is not only valuable because a government says so. Since 2014, the Sound Money Defense League has worked to introduce and enact state and federal legislation to help Americans readopt their own gold standard.
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37k followers. Believes he writes about economics. Cannot even see his very obvious mistakes. Perhaps staying in the BTC cult for any time erodes ones braincells?
What is digital scarcity worth in an age of digital abundance? Certainly not 83,500 US shitcoins printed out of thin air, that's for sure.
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John Makan retweeted
Leonardo da Vinci on why inaction is a sin against potential
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Power selects for a specific personality type, and it is not yours. F.A. Hayek spelled this out in 1944. In a centrally planned system, the people who rise are not the most competent or the most honest. They are the most willing to exercise force against strangers, the most comfortable with contradiction, and the most skilled at coalition-building through favors rather than merit. Government filters for the bad ones from the start. The mechanism is straightforward. Political power means controlling resources you did not earn. Capturing that control requires outcompeting rivals who have no ethical constraints. A principled candidate refuses to promise contradictory things to different voter blocs. An unprincipled one does it without blinking. The unprincipled one wins. Repeat this selection pressure across hundreds of electoral cycles and you get the U.S. Congress in 2026: a body where the average member has held office for over a decade, raised millions from interested parties, and delivered almost nothing measurable to the people who voted for them. Bureaucracy compounds the problem. Once entrenched, state agencies attract people who want authority without accountability. You cannot fire most of them. The FDA, the TSA, the Federal Reserve all function this way, staffed by individuals whose career advancement depends on expanding the agency's reach, never on serving you efficiently.
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"Every socialist is a disguised dictator." — Ludwig von Mises
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...The flaw was introduced into Bitcoin by a co-founder and employee of Blockstream working on Bitcoin, Matt Corallo (known online as TheBlueMatt), and it was signed off by Greg Maxwell to be added into Bitcoin... natinfosec.substack.com/p/fr…
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173k followers. I ln my forthcoming book I examine statements such as this though the BITE method deployed by all cults.
Good evening. Hundreds of millions of people are going to wish they had considered and studied bitcoin instead of simply dismissing it. Have a great night.
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