2022-10-06 19:36:12 +02:00
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# Operation Saylor - Episode 4/120
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Hi again and welcome to another episode of the Operation Saylor. This is update number 4, corresponding to October
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2022.
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If you are reading this for first time, you might want to check [Episode 1](https://stacker.news/items/47539), where my
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plan and details are explained. That will get you in context.
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---
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## Stats
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- BTC stack: 0.9128 BTC
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- € stack: 11,991.4 €
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2022-10-23 16:32:17 +02:00
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- Current total value in €: 29,791.00 €
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2022-10-06 19:36:12 +02:00
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- € into BTC: 20,000 €
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- Paid back to bank: 1098.60 €
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- Outstanding debt: 42,845.73 €
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- Installments to go: 117
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Charts
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- Value of stack vs Outstanding debt with the bank
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---
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## Log
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A couple of weeks ago I watched the movie [The Big Short](https://www.imdb.com/title/tt1596363) again. It had been a
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2022-10-23 16:32:17 +02:00
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long time since I last watched it and I believe I appreciated it much more this time. The movie does a great job of
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covering the [unethical behaviour of the current financial oligopoly](https://www.youtube.com/watch?v=A25EUhZGBws), the
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2022-10-06 19:36:12 +02:00
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complicity of [regulators](https://youtu.be/KttoNAiuwRk?t=70)
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and [rating agencies](https://www.youtube.com/watch?v=9xZx1lf2tvs),
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the [ignorance of the common folks](https://www.youtube.com/watch?v=xZTFNizSNGs) and just how rigged the game
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2022-10-23 16:32:17 +02:00
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is. [The final scene with Mark Baum surrendering](https://www.youtube.com/watch?v=Bu2wNKlVRzE) is a sad portrait of how
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impossible it is to change things from the inside, hence why we need to [opt-out](https://youtu.be/FyK4P7ZdOK8? t=801).
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It's a great reminder of why we are here. Came for the greed, stayed for the freedom.
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I also had the pleasure of watching the movie with a no-coiner who isn't particularly financially literate. We took it
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slow and stopped the movie whenever it was necessary to better explain the ins and outs of what was going on. It was a
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great way to do a bit of sparring in terms of describing the issues with the current financial system in simple ways.
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Ideas such as how the ratings are bullshit, how banking licenses like ISDA keep us
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outside [the big club](https://www.youtube.com/watch?v=cKUaqFzZLxU), how banks are filled with characters like Vennett
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and Chau who don't give a flying fuck about anything but their bonuses. After the movie ended, the no-coiner, in total
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shock and anger, asked me: "Why did no one explain this to us back then? Why am I finding out more than a decade after
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that all of this happened?". The attitude was a great, fertile soil for orange pilling.
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I knew the mission had been a success when the same person messaged me a few days later regarding the Bank of England's
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intervention of the gilt market. Angry as hell once more, he asked: "This is the same stuff as in the movie right? The
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bankers are getting the bailout and we will all pay for it?".
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I encourage everyone to be grateful that now we have an option to opt-out and middlefinger the central bankers and
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their cronies. Unlike when the Great Financial Crisis took place, this time you are not doomed to simply watch how you
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get fucked in the ass. Will you simply watch again? Or will you step up and fight back?
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---
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## Previous episodes
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- Episode 1: [https://stacker.news/items/47539](https://stacker.news/items/47539)
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- Episode 2: [https://stacker.news/items/61708](https://stacker.news/items/61708)
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- Episode 3: [https://stacker.news/items/71794](https://stacker.news/items/71794)
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