Replying to Avatar Lyn Alden

I continue to view nostr:npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37 as one of the best podcasts out there. And probably the best podcast relative to its size.

They spent a whole episode talking about risks, which is important.

https://youtu.be/jzF6jg7d7-I?si=AObmQkcmU8iqkpJ-

Some podcasts speak to an echo chamber and reinforce their own views. Dan and Josh from Blue Collar Bitcoin are always reaching to challenge themselves and their audience.

As much as I like Austrian economic theory, what I really love is good money *winning in the field*. I love to see practical discussions about good money from people around the world who aren’t in the primary business of talking about money. They end up doing it more interestingly than most monetary theorists.

nostr:npub1tm2048gau5mp8u5kfnxk68y7wzzpv5ggpuluqmhlhrtaldl49kzs7elpna & nostr:npub1jqckepsld3xn98aeq7yg72g0yrqkz92vegkv6k3prfhkzu356v5qa6akee are rock solid Bitcoiners.

I can't imagine they'd be returning so often if the firefighters weren't solid too.

Will give it a listen. 🤙

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I just finished the pod gents.

What a ripper! Entertaing, intellectually honest & funny AF. I felt a little triggered at times & wanted to sling counter arguments back. I can only imagine what it was like for you guys to have that ability & still restrain your inner autist.

The major threat that I think is worth hedging against or at least gaming out is the threat of prolonged price suppression. I think it's occurring to a degree now & could get worse or persist for longer than we expect. We all gotta eat & I only have so much beef in my freezer.

Ultimately I trust in the human desire for self preservation & greed. The alignment of so many incentives is Bitcoin's greatest achievement. It's what gives me so much hope & it's so rarely perfected (never?) in human engineered systems.

My red flags for Bitcoin (I stole this from the slightly less autistic Dunworth) are:

- no more than 21 million bitcoin

- the next block will be added to the time chain

If those 2 conditions are likely to be met, I have confidence in Bitcoin's survival.

I'm also in favour of Bitcoin's ossification beyond any necessary forks (the Unix date bug is a known example).

Much respect & love to you all. Thank you 🧡🤙