Proof Of Sheila ₿ 🇦🇺

Hahahaha something like that XD

Hahaha exactly, such a wholesome take

People send Satoshi BTC sometimes for fun, I saw a headline somewhere, happy to track it down if you’re interested.

6/ People are so distracted by the headlines, Epstein, Trump, whatever, that they’re not studying the properties of money. And that touches all of our lives. Even when you have to sell a car.

Follow the money.

5/ I started the Proof of Sheila brand because of my skepticism about the current financial system, but I’m unbiased enough to recognise when cash is important.

And the scary thing is that your access to cash is slowly being restricted. Once you see it, you can’t unsee it.

4/ Another alternative is bank transfers. But nobody trusts bank transfers on Facebook marketplace, and delays for transfers are a pain.

Some banks have instant transfers enabled but they are value limited and not suitable for a car sale.

3/ Cash is anonymous, settles instantly (you hand over the $ and you’re done) and it is trustless (you can see the cash in front of you).

What are the alternatives? I’d heckin take Bitcoin or stablecoins, but most people don’t know how.

2/ Imagine if I was younger/less cash savvy and had just taken his word for it.

Counting cash is a skill and it’s kind of a dying art.

It’s at times like this you realise that cash is still kind of important if you don’t trust the other party.

I sold my car the other day.

The guy paid in cash. It was actually the most cash I’d handled physically for a while. But I counted it anyway.

He was 5K short.

He made apologetic noises and went and grabbed the missing wad. 🧵👇

When the news broke a year ago, I felt nothing but dread. I hate being right.

Donald Trump has been extremely net-negative for Bitcoin adoption, positive legislation, and growth of the asset/use cases for individuals, the industry, and global adoption

A short, medium, and long term fail by the industry and big crypto money behind the admin 🧵

A stronger-than-expected jobs report could signal a labor market turnaround – with caveats | CNN Business US job growth was historically weak last year. And US job growth was significantly stronger than expected at the start of this year.

US jobs report shows strength, and again the economics doublethink shines strong. This is bad because inflation.

Lots of jobs for people is read as bad by the market. Let that sink in.

edition.cnn.com/2026/02/11/e...

Bitcoin has broken the pink trendline convincingly after “walking” it for a while. This is almost the lowest the RSI had been on a monthly timeframe, I will be watching it with interest.

I’m currently selling my car, and no matter the listed price point, everyone offered about 19K for it. Is that how much Aussies have in their bank accounts these days or is there some sort of weird dark psychology going on ahaha

We need new ways to signal authenticity on social networking. (Assuming that it doesn’t die because of AI).

That’s why I leave errors in my art, even when it makes my perfectionism cringe.

While I emotionally process that Bitcoin Core funding was *ahem* dubious, I checked Vitalik’s name too. Much less on that front (only mentioned tangentially & in a report).

11/ Sheila’s take: this is where the fiat-capitalism system begins to flake. Everyone’s got debt up to their eyeballs but the central banks have to make us hurt to control markets.

10/
The risk isn’t collapse tomorrow.
It’s tightening into fragility — and only realising it after something breaks.

Watch per-capita spending, arrears, hours worked — not just CPI.
That’s where the real tells will show up next.

9/
Big picture:
This hike confirms Australia has entered a policy conflict phase:
• Households feel strained
• Demand is still too strong
• Inflation is sticky
• And policy lags are long

Those regimes tend to end abruptly, not smoothly.

8/
What’s missing is just as revealing:
• No strong reassurance on rate cuts
• No “confidence inflation is on track” language
• No emphasis on household stress

The mandate language is cold and orthodox: price stability first.

7/
They also flag that markets have already pushed up:
• Bond yields
• Money market rates
• The exchange rate (hello AUD ATHs)

That’s the RBA leaning with markets, not against them.
This is not a “one and done” posture.

6/
Another tell: they emphasise that credit is readily available.

That’s a warning shot.
If credit keeps flowing while inflation stays sticky, the RBA will keep tightening, regardless of sentiment.

5/
Notice the language shift on the labour market:
“A little tight”
“Underutilisation remains low”
“Unit labour costs remain high”

This is the RBA signalling:
👉 Employment protection is no longer the priority if inflation doesn’t behave.

4/
They explicitly blame household spending and housing for stronger-than-expected demand.

This is important because:
• Households feel broke (hello complaining battlers)
• But in aggregate, they’re still spending too much for inflation to fall

That paradox is central-bank hell.

3/
Another little tell:

“The effects of earlier interest rate reductions are yet to flow through fully…”

This means the RBA thinks more demand is coming, not less.
Today’s hike isn’t about current inflation — it’s about future momentum they’re trying to head off.

2/
Key line to notice:

“It is uncertain whether financial conditions remain restrictive.”

Translation:
👉 The RBA is worried they accidentally loosened too much in 2025.

That’s not confidence. That’s doubt.

🧵 The invisible tells in today’s RBA statement (and why this hike matters more than it looks)
The RBA hiked 25bp to 3.85%.
That’s the headline.
The tells are in the wording: and they point to a nastier policy phase ahead.

Streets of Minneapolis

This came up on shuffle and hell it’s a banger

open.spotify.com/track/6AtgHx...

Proof of Sheila #24: Clarity Act

Source: www.ainvest.com/news/stablec...

I don’t have as many problems in my personal life with debanking, but I do see the imbalances of power and poorly designed parts of the system. I’ll be interested to see what else you publish on this platform 👀