GM
Fellow Bitcoiners, are we all going to end up dictators in our own regions?
Peter McCormack now has his own army and Nayib has turned himself into a lifetime president 🥹
Am I really destined to become "Mike the Bastard" ?
https://edition.cnn.com/2025/08/01/americas/el-salvador-presidential-term-change-intl-hnk
possibly,... it's hardly comparable though:
paying for security of a small town for a single month
vs.
becoming a dictator of a sovereign nation for lifetime
Have you read most things from Peter that have led to this outcome? I can understand how it looks just by seeing this post, but I find it to be a reasonable solution if you have the full context.
Sats → Power → Crown 😁
Didn't Saifedean say that monarchs have a low time preference?
Is there a shop to buy Crowns at?
Amazon don’t appear to have any 😂
What do you mean, turn into?
You saying I’m already a monarch? 🤴
I'm referring to nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsxxn50k, the author of The Bitcoin Standard😁, who often talks about "low time preference" - basically thinking long-term, saving, and building for the future instead of chasing quick consumption.
The joke here is that becoming a "king" actually fits that mindset perfectly. 😊
I don’t discuss other, less successful authors 😂
Haha fair enough, King Mike Guess the rest of us will just keep stacking sats and reading the 'less successful' authors😜😜
I mean he’s sold more books than me, don’t get me wrong 😂
Actually, seriously I bought his book, but couldn’t read it which is why I wrote mine.
Its basically the same, but cuts out all that fiat crap he drivels on about 😂
Watch do you propose as an alternative for Bedford? Are they supposed to let vagrants, vandals and vagabonds run rampant? Peter McCormack is setting up a neighborhood watch. Presumably they will report crime and suspicious activities to the police, who will then do their job.
Watch The Magnificent Seven for reference, the 1960 version. Better yet is the Japanese original, Seven Samurai.
No they are both doing the correct things and following their destiny.
As for Bukele, his dictatorial caudillo tendencies were apparent years ago.
