US Congress to any US citizen with a laptop or phone that values their privacy:

"ALL YOUR [data] BASE ARE BELONG TO US"

https://www.youtube.com/watch?v=rfMC2aVhYuo

Is "running my own VPN" different from / better than running Mullvad on my devices?

Thanks for any thoughts!

Some affirmation: you're skilled at crafting words.

We read what you write. We need what you write.

Keep it up. 📝 👨‍💻

zzzzzap

Powerful line of thought from #[0]

.....

We put laws in place — the Magna Carta, Constitution, Bill of Rights, etc. — to essentially protect us, the individuals, from the state. By doing that, the states that did that, had more productivity. The productivity increases in these states with strong laws for the individuals because now people can act as freely as they can, and conduct that “good” or “moral” work you just explained, the collaborative and coordinated trade, because of property rights, and the assurances those rights afford individuals giving them the confidence and capability with functioning money to take action, they can act and they can create more wealth that would then flow into these lawful societies, the positive sum results you mentioned earlier are then yielded.

Conversely, authoritarian governments collect all the wealth and don’t allow for strong property rights, and those societies suffer because of this lack of property rights that afforded individuals the assurances of self interested cooperative and collaborative human action. So they live in zero sum societies.

So when you had rule of law and rights to individuals, you had faster growth economies, but over time, because money is superordinate to that process, people with money change the laws, and so over time you lose the laws that protected those people, because the only way that you can fight the law is to have enough money to lobby and everything else, so those laws get whittled away over time, and the laws no longer protect the people at the bottom, those that are generating the positive sum growth, the laws then instead protect the people at the top, those that reinforce the zero sum society.

....

https://simplybitcoin.substack.com/p/money-and-power-a-fresh-perspective?r=1ltfo9

Just wondering how confident Bitcoin IRA providers (such as Swan, Choice) are that the laws governing IRAs can be relied on to stay constant?

Here’s why I ask…

——

After reading “The Ethics of Money Production” and “When Money Dies”, it is clear that when those who produce money are the same as those who produce laws, the laws bend and change to protect the money flow to the money producer.

Sure, I’d love to take advantage of the incredible tax benefits of buying Bitcoin in an IRA.

But when s**t hits the fan, governments historically (not theoretically) have rug-pulled the financial rights of their citizens.

- 6102.

- Capital controls.

- Anti-saving laws (passed off as anti-hoarding laws).

- Laws against “flagrantly showing off wealth by extravagant spending”

If fiat money is subject to counterparty risk, then so also are fiat IRA tax benefits.

——

Property rights, which many find divinely protected in the 10 Commandments, are exemplified in the adage:

“Not your keys, not your coin.”

I think about this all the time…

“for our security they need to know everything about us.”

Seems to indicate a shift toward where government views its own citizens as threats, rather than allies.

My obersvation is that you’re gifted with (or have developed and are now proficient at) the ability to communicate with positivity and conciseness, while packing an incredible amount of dense truth into these interviews.

Thanks for your continued work. Zzzzzzap

I’ll zap you just for asking if we’d theoretically zap you

Zzzzzzzaaaaaappppp

The Ethics of Money Production by Hülsmann

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Glad to have Lil Hodlr on board 😊⚡️

ZzzzzzzAAAAPd for amazingness

Keep sharing the wisdom #[1]​

I always enjoy learning from you and your thoughtful posts

⚡️💡👍

Zaaaaaaapd

Zappedity zapped

Watched “Too Big to Fail” last night.

Kept seeing parallels to 2023 and saying to myself, “It’s happening again” and later… “it’s happening again!”

Such an odd feeling when things I’ve known theoretically would happen begin to happen in actuality.

(Context: thinking about how banks could always fail due to fractional reserve, but when they actually do, fail it’s still surreal)

Halfway through this book; hope to finish tomorrow

Zappidy Zap