Short answer: No we don’t have free or fair elections.
Better answer: Collective Society should not suffer because 99% of the people cast a vote for a bad idea or a bad person.
Stop worrying about how we get #Bitcoin to “scale”.
Start thinking about how #Bitcoin can facilitate peer to peer free market trade using its incorruptible Price Signal: the Difficulty.
To discover relative difficulties across goods & services.
The Price signaling mechanics of #Bitcoin are already top notch.
And that Price Signal is rediscovered and broadcast at the speed of light around the world every two weeks.
And this Price Signal is a sort of measure of the opportunity cost of Work… specifically Electric Work.
We also need to do a better job enriching Freedom in meatspace in order to organically build adoption through #Bitcoin as a medium of exchange.
In turn, using #Bitcoin as a medium of exchange in meatspace will help facilitate more organic price discovery as well…. You’ll see a lot more negotiating back and forth on prices I suspect.
This is why we must Abolish the 16th Amendment and End the Fed.
“The Dollar price of #Bitcoin is an Oxymoron” mantra is nothing more than taking #Bitcoin to its Logical conclusion and skipping all the messy intermediary steps that we’ve seen play out on a massive scale in 2013, 2017, and 2021.
If we want to end the 4 Year Fiat price cycle, then we need to do a better job building understanding of #Bitcoin.
“Banks must be trusted to hold our money… but they lend it out in waves of credit bubbles with barely a fraction in reserve.”
-Satoshi
If we find ourselves engaging in fractional reserve lending in the #Bitcoin Ecosystem, then we made a wrong turn.
There are too many #Bitcoin Influencers who would rather take credit for a good idea instead of helping spread good ideas.
Their Egocentric approach is palpable.
If you want real signal devoid of Ego listen to what the Nyms are saying.
Satoshi was a Nym. Never forget.
Freely we received. Freely give.
#Bitcoin helps us measure the opportunity cost of Work. Specifically, the Work of Electricity. Purchasing Power is the Derivative of Work with respect to Time.
PP = Work / Time
Keep that Work to Time ratio high and watch your status escalate.
Do you really believe that #Bitcoin can achieve its full potential without Abolishing Income Taxes?
Do you really believe that #Bitcoin can thrive while also coexisting with Fiat Debt Slavery??
Really???
During this difficult time, I recommend adding Music, Movies, Microcode, and High Speed Pizza Delivery to your Wealth Portfolio in addition to #Bitcoin and Satire.
This makes a ridiculous amount of sense.
Up the Tech. Dump the Dollar.
#Bitcoin Ups the Tech.
In physics, Power is the derivative of Work with respect to Time.
In economics, perhaps Purchasing Power is the derivative of Work with respect to Time too.
PP = W / T
And #Bitcoin keeps accumulating Work, sooo…🤷🏻♂️
Ignore the $$ price of #BTC like your Liberty depends on it.
If you want the power/ability to purchase goods and services from other people, then you’ll want something with a high Work to Time Ratio… like #Bitcoin.
How much work did you do?
How long did it take you?
Key considerations for any sort of economic calculation.
Strategy…
Advocate for #Bitcoin on one end of the “battlefield”.
Advocate to Abolish Income Taxes and End the Fed on the other end of the “battlefield”.
And we’ll meet in the middle…
The Fiat Petrodollar created the crisis, nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m.
Not the Plastics.
I repeat.
The Plastics did not create the crisis.
Humans created the crisis with Fiat Petrodollar Money.
We gotta stop blaming Plastics for the Excess Consumerism engendered by Fiat Petrodollar Money and the Dark Sidr of Human Nature.
Self-control is key.
Abolish 16A.
End the Fed.
Keep studying #Bitcoin.
In physics, Power is the derivative of Work with respect to Time.
In economics/metaphysics, perhaps Purchasing Power is the derivative of Work with respect to Time too.
PP = W / T
And #Bitcoin keeps accumulating Work, sooo…🤷🏻♂️
Our ability/power to purchase economic products from others is a function of Work with respect to Time.
Ignore the $$ price of #BTC like your Liberty depends on it.
TL;DR on Grayscale's win over the SEC today.
"The Commission failed to adequately explain why it approved the listing of two bitcoin futures ETPs but not Grayscale's proposed bitcoin ETP."
Source: https://www.courtlistener.com/docket/66681951/1208547574/grayscale-investments-llc-v-sec/
Deny the Spot ETF… and delist the Futures ETF
“Full Nodes run the network!” No.
“Miners run the network!” Also No.
Miners & Full Nodes run the network cooperatively according to their Segregation of Highly Specialized Duties & asymmetric cost functions.
#Bitcoin Full Nodes and Miners are like Peanut Butter and Jelly!
Satoshi gave us the Holy Grail of Auditability & Internal Controls
We must understand the #Bitcoin Segregation of Duties, which are very narrow & specialized in focus… as they should be.
If we keep expanding the scope of duties for Miners or Nodes, we’re gonna have a bad time.
#Bitcoin is a cooperative and each one of us has skin in the game to do our best to uphold the integrity and quality standards of the Product that our Monetary Cooperative is producing.
The #BTC is the product of our process.
We must maintain monetary integrity of the system.
The more nyms the merrier
So much easier to cut to the chase as a Nym.
The Nyms let you leave all your Ego baggage at the doorstep
Nyms also let you experiment and test out arguments in the marketplace of ideas without letting it get personal.
Interesting… yea give me more guys like ShaolinFry and Satoshi please
Ego has a centralizing effect on the marketplace of ideas… it’s like a bottleneck effect.
If you’re trying to crowdsource problem solving, then I highly recommend separating your Ego from the Ideas.
#Bitcoin is for the Nyms.
Fiat Money is for the Egos.
Satoshi knew.