Lock me in for the 15,000 🫡 I’m doing it now but I can’t feel rushed 😭

Great read! Haven't really thought about how all interest makes it necessary to print more money from elsewhere since only the inital amount is printed with that loan. The 2℅ inflation goal infuritates me. There has been alot of talk about inflation in mainstream media the last years but i haven't seen anyone question why its 2% not 1.5 or 3 or anything else. Everyone just says "Thats how it is", "All other countries are doing it the same" or "Deflation is very scary so someone smarter than me decided on 2% so thats how it is. Deal with it". Would like to see the fiat maxis argument for why they ended at 2% and why it is out of the question to re-evaluate that. Especially since they are terrible at hitting the goal..

Sums up why Bitcoin resonates with me. I struggle to articulate the ideas of Botcoin with my family. maybe next time I'll be able to get them. I usually just end up letting my hatred of inflation overwhelm me and they don't feel the same..

I find the idea of thinking about Bitcoin like equity quite a good thing but when explaining it to people what bitcoin actually is, I think they want to think it’s like a company with stocks which is equally problematic as it is helpful I feel. I do love that the more people that use it, the more it helps all that are using it. It truly gets me excited about the future of everything. Fix money, fix the world..

Nice article. If only we could be automatically rewarded for being frugal and working hard🤭 Easy to follow for this carpenter. And thanks for a new little saying, eating the fedd corn..

Really enjoyed the read... Sent you a zap! (And you got a follower my friend!) =)))

Bitcoin arregla cualquier problema, puede solucionar el mundo, pero muchos no lo quieren ver, es difícil de entenderlo y de demostrárselo a la gente. Hay que seguir onbordeando gente pero creo que se aprende mucho con la práctica y principalmente los países o individuos que la están pasando mal, esos son los necesarios y los que más fácil lo adoptan 🫡

lo que más me gustó es el apartado "dinero no es riqueza".

es tal cual lo siento yo!

bitcoin arribó a nuestras vidas para solucionar ese error de concepto, ese gran malentendido.

¿que es lo que realmente tiene valor, para nosotros y como sociedad?

lo único que poseemos los seres humanos es "tiempo", el cual no se puede recuperar.

quiza lo único tan valioso, segundo en la lista seguramente, es bitcoin.

seamos libres, vivamos nuestra vida a pleno, haciendo lo que mas nos gusta y en lo que realmente somos buenos y aportamos un valor a la sociedad de la cual somos parte.

de cuidar este valor, esta bien habida ganancia, se ocupa, hoy y por siempre, bitcoin.

☆ salve ☆

⚡⚡⚡⚡⚡⚡⚡

Great article and well explained about the banks and how it all started ie bushels etc, if a Mason builds a wall for a farmer and the farmer pays the Mason in livestock, all the ramifications of dying stock, portability, usability etc..

What I got from the article coupled with my general comments is that we are chained in worldwide debt ridden economic model , where most of the people are either seemingly ignorant, oblivious or too reliant on the system to even talk about or try to change it, it broadens the ever ongoing conversation of debt-based fiat and the ever persisting need of a shift towards Bitcoin.

Each day, the debt based system of the reserve bank model continues to perpetuate a dangerous cycle of debt creation that further propels and increases the ongoing deterioration of the economy fueling uncertainty and instability, which further threatens a collapse.

As people who are already aware of this, we are charged with the responsibility to free ourselves and then try and get the information out there that we don't have to be chained to this debt-based cycle. A better model is available, based on equity which perpetuates ownership and investments which are critical towards economic sustainability. This is fundamental to our success or the success of any business or economy. This is the bitcoin economic standard, where money equals prosperity, productivity and economic progress. In short the philosophy continues! STACK SATS, BE HUMBLE.

This is one of my favorite parts " the money has value, not because of some inherent quality of the paper or gold or mental "credit," but because it represents past productive behavior, but without immediate consumption. The money itself is not wealth, it's just an abstract representation, a kind of scorecard or ledger entry, of the real wealth that the holder of the money has already produced." This is a solid write up explaining the fundamentals of money creation for sure

I read your article..

Interesting read and I liked the comparison of owning fiat to owning shares. You want both to increase in value as the economy or company grow, no decrease. Good analogy my dude.

I'll prob read the next few and so if you can keep me coming back. Some feedback if you don't mind: "tighten" things up a bit if you can in terms of verbosity. On poss way to accomplish this: maybe make it less conversational: less personal pronouns ("you", "I" and "we").

Good luck on your substack!

I like the idea 💡 of deferred consumption. And i think practicing this would greatly improve my life! Thanks for the post, definitely going to share it amongst friends for some finance education material..

Good luck with the substack and Nostr. Let me know what you think about your Nostr ad strategy and how it holds up!

Here were my thoughts i shared on the post:

Hey great article! I came here from your Nostr “ad campaign” so message me back here on Nostr and let me know how it goes! I’m a small business as well!

I like the swimming naked in the tide quote reference haha. Who was that again? Munger or Buffet right?

I like what you said about money just being a ledger for deferred consumption. I recently listened to a pidcast that described it great too, but more abstract in a way than you did, but i think helps to lend some understanding to money and how it works as well. He described it as both a vessel like a cup, and the value that the cup has. The value is actually the space in which YOU CAN FILL the cup. The money is the vessel that you store your value like bitcoin does (especially in the equity sense you talk about!) but also, your money is what you trade your energy and time for and put IN that cup as well, to later be used to pour out at a different time and place for something else you like, and even pour into somebody elses cup. In a way, this new form of money in BTC, because of the tech element, is both the Cup AND the liquid in a way! So interesting to think about…

Also, i 100% agree with your implications. The shifts that can happen from these major foundational changes is basically incomprehensible, because try as we might, nobody can know the damn future haha or how irrational or rational us as a DUNCE human race can be haha. The same podcast i listened to compared the change Bitcoin can have for money that the discovery of the number “0” had for math. Love that kind of stuff! Bitcoin possibilities are INFINITE! 😉

But i like how you toy and play with the concepts and project out your thoughts of the future. The more people do that, the possibilities that will become apparent, i think. So keep on writing! A definite follow from me!

Just read your substack, and I found your article very interesting and I could relate a lot about the last part and how the shift in living with a money that is also an equity you should just hodl and continue to stack and it will grow exponentially in value even if you start feom a small amount. The long term incentives is everything, working today and "starving" for some time to have crop to harvest, to sell, to eat and to plant again next time is so underrated.

I am not on substack, but so glad yo have found your article, and will follow you here on Nostr, since I noticed I wasn't, and you reshare here your articles 😁

Pura Vida Sir, and again, very nice article..

Interesting article.

However money is equity and bitcoin is not a stock.

Bitcoin works as a store of value because of its limited supply. With enough time, it will progress to be a medium of exchange and lastly unit of account.

Nice one, partner..

Comment made on article! I agree with the hypothesis and conclusion but the challenge is around the existing power structures. They will never ‘allow’ an unregulated fiat to gain the type of traction needed to be representative of a country’s equity.

Bitcoin is definitely the best system. Holding Bitcoin is like holding equity in the human race and all of its future production. Everything good for Bitcoin is good for humanity and as humanity flourishes so do you. Great article and well written. 🤙

Awesome

nostr:nevent1qqsztz5rlmc2ydq6lc6cplz42zgj833npy5gq9kpunfp3alntptmndcppamhxue69uhkummnw3ezumt0d5pzp0rve5f6xtu56djkfkkg7ktr5rtfckpun95rgxaa7futy86npx8yqvzqqqqqqyxw5xy3

Nailed it.

Great read

money should represent ownership of the future productivity and value of the economy as a whole. Money should be equity in civilization itself

Nostr is amazing. So is the article! A paradigm shift is in the works. Bitcoin is opening doors to financial literacy. I love it..

am I too late 😞

I love the article tho