Fractional Reserve Banks practice VooDoo Accounting by conflating IOUs with real Cash Money, which enables VooDoo Economics & inherently distorts wealth & price signals throughout the Fiat Clown Economy.
#Bitcoin restores high integrity signals with high integrity accounting.
If you Conflate IOUs with real Money and make economic decisions based on this Conflation, you’re gonna have a bad time in the Lloyd Christmas Event Horizon and/or the Aspen South Park special… possibly both.
#Bitcoin block space is scarce.
But #Bitcoin Price Signals are virtually ubiquitous and can be useful to people who don’t even hold #Bitcoin.
#Bitcoin is aposematic
Ethereum and the Alt-Chain Shitcoins are Batesian Mimics.
Free Markets and #Bitcoin aren’t compatible with Assholes or Satan’s Minions.
I didn’t make the rules.
Satoshi and God did.
The 12 inch Foot is bad if:
You need the Foot to be 6.15 inches.
You need the ruler to facilitate shitcoin gambling.
You need the ruler for a side hustle.
You need the ruler to be a Venus Fly Trap.
#Bitcoin doesn’t need Drivechains.
#Bitcoin is the Model.
Everything else is a Gimmicking Mimic or a Mimicking Gimmick.
Study Batesian Mimicry.
Slavery is Freedom
War is Peace
Ignorance is Bliss
The Dollar Price of #Bitcoin is an Oxymoron.
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The Banks can simply print the Loans from Nothing.
The Banks can simply Forgive the Loans back into Nothing.
End the Fed.
Abolish the 16th Amendment.
Study #Bitcoin .
We have a lot to learn about #Bitcoin with SegWit & Taproot before more big changes are made.
The bar for more change is high.
Make a good faith effort to understand new proposals, but understand that excessive stirring can turn the Ferment sour.
Let #Bitcoin Ferment.
Imagine if SegWit still hadn’t been activated on the #Bitcoin network in 2023… and the community was still debating merits and demerits.
Layer 1 would still be the primary adoption vector today.
For better or worse, that world is not reality, but it’s good food for thought.
I have always approached #Bitcoin from a more conceptual and philosophical angle.
I also like to think I don’t follow the crowd.
For me, studying the 2017 Blocksize Wars History in hindsight is invaluable.
We can all learn from it.
People clamoring for Drivechains today definitely remind me of the Big Blockers like Ver and the members of the New York Agreement… they made enough of a fuss to push the #Bitcoin community into making a move they didn’t have to make with SegWit
The Ordinals fiasco earlier in 2023, should have been a wake-up call for everyone that we need to be extra careful moving forward for all other changes to #Bitcoin .
SegWit & Taproot give people plenty of new bells and whistles to play with already. Liquid as well.
Now only a few months after Ordinals, people are pushing for Drivechains as if we absolutely need DC for #Bitcoin to survive?
Sorry, I can’t keep giving the benefit of the doubt.
I want to give the benefit to what I know for now and let us keep learning and testing.
Let me be clear.
Even SegWit wasn’t a necessary change to #Bitcoin!!
I wish more people made that argument in the past.
But what’s done is done.
#Bitcoin has never been perfect, but we have to keep learning.
Let’s not rush unnecessary changes on to #Bitcoin.
Fiat Virus can find new hosts to carry out survival tactics like Batesian Mimicry in Nature.
ETH, Tether, & other Fiat crypto tokens are useful Batesian Mimics that help the Fiat Virus survive.
Stablecoins & ETH are the Mimics.
#Bitcoin is the Model.
Study Batesian Mimicry.
People should be wary of the Side Hustle Problem of Drivechains.
Also, seems problematic that 51% hashrate could collude to pull the rug on side chains.
What kinds of game/games are we trying to play with #Bitcoin ?
I’m biased towards a Conservative Ethos & Logos.
Understanding Liberty is more important than understanding #Bitcoin . We need people defending Liberty on many fronts.
We must fight on the beaches… and the hills… we will argue on the internet. We shall never surrender.
If #Bitcoin fails, the fight for Freedom continues.
If you want to curb natural resource consumption, then you need economic incentives that allow for deferred consumption and saving without a loss of purchasing power.
Enter #Bitcoin.
Christian history lesson for the #Bitcoin Plebs from Kreider's Patient Ferment:
"It was anonymous Christians, not the officially constituted leaders of the Christian communities, who were primarily responsible for Christianity's spread...”
Nymfluencers > Egocentric influencers
Rehabilitating people is preferable to imprisoning people.
Rehabilitation leads to Redemption.
Imprisonment leads to Broken Families and Children.
This is a tweet about non-violent criminals rotting in Prison.
P.S. it’s also about #Bitcoin , Freedom, and Abolishing 16A.
If you’re presented with an opportunity to do something with #Bitcoin that complies with the #Bitcoin protocol rules but violates basic Judeo-Christian-Islamic ethical codes
Then maybe hold yourself to the Abrahamic standard instead of the #Bitcoin standard.