Set a stacking goal for the next epoch and do what is necessary to hit that goal. Price will increase, Sats will become harder to come by. Work to increase your income. Be a net producer to society. The more you can produce or help others produce, the more Sats you’ll be able to stack, the easier life becomes down the road. Keep your time preference low.
We’re so early that when military conflict happens people decide to sell immutable digital property you can transport in your brain anywhere with you in the world.
#Bitcoin
#Bitcoin makes war unaffordable.
Choose the monetary system that disincentivizes war.
Choose the monetary system that incentivizes productivity.
Productivity brings peace and cooperation.
Conviction that we’re right about this whole thing has been at an all time high lately.
#Bitcoin
My take and quote tweet of a nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z post where he was brilliantly explaining how Bitcoin rewires incentives:
This is the narrative that people miss out on so often.
Hold the states feet to the fire. Make them play by the same rules as the rest of us. We can’t print our way out of issues, they won’t be able to either. That’s the revolution. People get caught up in “tech” or “speed” or “coffee payments” or “elites hoarding bad” or whatever noise they want to use. That’s all a distraction. Net producers ONLY will prevail in the Bitcoin world. Stay productive. Stay solvent. Stay stacking. That goes for plebs, companies, or governments. That’s what Bitcoin fixes. Everything else it does is icing on the cake.
Ol’ Jeffrey Epstein’s banker is at it again.
Yeah, acting as Charles is some major ally and would boost his reputation was brutal.
My response on X as to why I believe Cardano (I took it as Shitcoins in general) is shit. Would love any feedback or discussion:
We’re just playing two totally different games, man. It’s no disrespect. The whole lot of the alts are shit in my opinion. They’re all centralized scams. Some new “tech” or narrative from VCs to sell on retails heads and take huge profits.
The idea that is actually going to make a difference in the world is sound money. It’s not “tech” or whatever narrative an alt can drive. Everything else is a distraction. Sound money is the revolutionary idea. Not “faster” or “cheaper” or this or that narrative. It’s holding the feet to the fire of the Fiat plunder all over the world. That doesn’t come from some coin spun up from this tech scammer who is still running his ugly face all around trying to promote it. That’s sound money? That’s a joke. The “tech” or “innovation” is a shiny distraction for your money to flow into their ecosystems and they can sell on your heads.
As I said, sound money is the revolution. People like Charles who distract from that, attempt to downplay or disregard that for their “vision” of crypto are scammers, they’re selfish, and they’re shitty people.
I don’t blame the people who fall into the trap. Most of us have at some point. It’s attractive until you open your eyes to the actual idea here, they call it better for this or that reason and people will tell you the gains will be more because of the smaller market caps, but even in that aspect pretty much all trend to zero in Bitcoin terms over time, and the ones that haven’t yet will soon as they all do.
Those are my two sats. 🫡
#ProofOfWork CNC Machining. My way of stacking Sats.
What do you plebs do for a career to allow you to stack Sats?
Personally, I run a small CNC shop with a few customers and make high precision parts for many different industries.
Here’s a piece I’m working on today.
I wonder what Schiff’s investors think when he goes on national television and discusses how #Bitcoin has outperformed every asset class, including gold and stocks.
Personally, I would be disgusted. Let’s play this scenario out. I gave you my money to make the best possible financial decisions for me. You knew about the asset class this entire time and refused to take it seriously, costing me an ungodly amounts of financial gain. I then see you on television debating the topic and your stance is essentially “I know my life and all of my investors financial lives would be exponentially better if I had bought Bitcoin, BUT guess what, Bitcoin doesn’t have intrinsic value so I’ve actually been right this whole time, you’re all suckers!”
Maybe? I obviously disagree, but regardless of who’s right between Petey and myself, would that change your feelings as an investor in his fund? Right or wrong, I still missed out on thousands of % of gain in my portfolio when I trusted you to make THE BEST possible decisions, not average or sufficient decisions.
What Petey should be doing is going on national television and apologizing to his fund investors for life changing money they missed out on because of him, and begging for their forgiveness, promising them that he would do better next time. Not being the guy with the ego who cannot admit he was wrong and take responsibility for doing so.
My two Sats.
First we had the resurgence of the big blockers, now we’re rolling through the Tether Truther FUD again.
2024 has been quite the ride.
Stay steady lads 🫡
Moicano should set up a Nostr tonight, he’d break a record for zaps received after that promo he cut.
What a legend Moicano is.
A man from Brazil, the biggest stage of his life, and he takes the time to say this.
The Austrian School is having a resurgence. It’s wonderful to see.
"If you care about your fucking country, read Ludwig von Mises and the six lessons of the Austrian economic school, motherfuckers."
Moicanao is a such legend for that.
#UFC300
Go to sleep with more Sats than you woke up with.
Repeat forever.
Watch your life change.
As I consume content I typically jot down short notes. Whether it’s a book, long form article, podcast, etc. I don’t take them overly serious, as they are only for myself to help me really wrap my head around what I’m consuming.
I have begun playing around with putting the notes I take into various AI systems and spitting out summaries and other content and I am really enjoying the results.
I am going to begin to share what I come up with on here. Feel free to leave feedback on where you think either my note taking or the AI has gotten something wrong if you’re familiar with the material!
𝐅𝐢𝐫𝐬𝐭 𝐄𝐝𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐍𝐨𝐭𝐞 𝐓𝐚𝐤𝐢𝐧𝐠 𝐛𝐲 𝐓𝐡𝐞 𝐓𝐫𝐨𝐥𝐥:
𝘈𝘐 𝘜𝘴𝘦𝘥 𝘧𝘰𝘳 𝘚𝘶𝘮𝘮𝘢𝘳𝘺: 𝘎𝘳𝘰𝘬
𝙀𝙘𝙤𝙣𝙤𝙢𝙞𝙘 𝙋𝙤𝙡𝙞𝙘𝙮: 𝙏𝙝𝙤𝙪𝙜𝙝𝙩𝙨 𝙛𝙤𝙧 𝙏𝙤𝙙𝙖𝙮 𝙖𝙣𝙙 𝙏𝙤𝙢𝙤𝙧𝙧𝙤𝙬
𝘽𝙮: 𝙇𝙪𝙙𝙬𝙞𝙜 𝙑𝙤𝙣 𝙈𝙞𝙨𝙚𝙨
𝘓𝘦𝘤𝘵𝘶𝘳𝘦 1: 𝘊𝘢𝘱𝘪𝘵𝘢𝘭𝘪𝘴𝘮
•Consumer sovereignty is key in a capitalist system, where businesses must cater to the demands of consumers to survive.
•Debunks myths about the power of big business, arguing that they are not as dominant as they are often portrayed.
•Discusses the positive impact of capitalism on the standard of living and the ability for individuals to move up the economic ladder.
𝘓𝘦𝘤𝘵𝘶𝘳𝘦 2: 𝘚𝘰𝘤𝘪𝘢𝘭𝘪𝘴𝘮
•Argues that socialism destroys the individual's right to economic freedom, which is essential for personal liberty.
•Addresses the flaws in the socialist argument that capitalism leads to exploitation, pointing out that under socialism, the state becomes the exploiter.
•Discusses the issue of economic calculation under socialism, arguing that it is impossible for a socialist system to efficiently allocate resources without a market mechanism.
𝘓𝘦𝘤𝘵𝘶𝘳𝘦 3: 𝘐𝘯𝘵𝘦𝘳𝘷𝘦𝘯𝘵𝘪𝘰𝘯𝘪𝘴𝘮
•Discusses the dangers of government intervention in the economy, such as price controls and shortages, which harm the very people it is intended to help.
•Also discusses the problem of government planning, arguing that it is impossible for a government to effectively plan an economy due to the complexity of economic interactions.
𝘓𝘦𝘤𝘵𝘶𝘳𝘦 4: 𝘐𝘯𝘧𝘭𝘢𝘵𝘪𝘰𝘯
•Inflation is a result of government policies, particularly the expansion of the money supply.
•Discusses the effects of inflation on different groups in society, particularly the poor and those on fixed incomes.
•Argues against using inflation to finance government spending, as it leads to economic instability and a misallocation of resources.
𝘓𝘦𝘤𝘵𝘶𝘳𝘦 5: 𝘍𝘰𝘳𝘦𝘪𝘨𝘯 𝘐𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵
•Foreign investment is essential for increasing the capital stock of a country, leading to higher productivity and wages.
•Addresses concerns about foreign investment, arguing that it does not lead to economic dependency or exploitation.
𝘓𝘦𝘤𝘵𝘶𝘳𝘦 6: 𝘗𝘰𝘭𝘪𝘵𝘪𝘤𝘴 𝘢𝘯𝘥 𝘐𝘥𝘦𝘢𝘴
•Good economic policies are based on sound economic principles, while bad policies often result from misunderstanding or ignorance.
•Public debate and education are crucial for promoting good economic policies.
•Addresses the role of interest groups in influencing economic policy, arguing that they often push for policies that benefit them at the expense of the general public.