#Bitcoin teaches us what, where, when, how, and why Work works.
The national debt measures how much Humanity has played itself.
It’s all a Fugazi Fiction of the Human Imagination.
The loans didn’t require much sacrifice to print out of thin air.
They won’t require much sacrifice to forgive back to thin air.
Study #Bitcoin.
Does #Bitcoin monetize virtue?
Kinda feels like it does.
Now I am become Fiat Money, Usurper of Worlds.
-JP Morgan, John Rockefeller, and Woodrow Wilson speaking in unison when they invented The Fed probably.
Study #Bitcoin my friends.
The Fiat Money Monopoly & other Govt policy has enabled Monopolies in Agriculture, Livestock, Energy, Drugs, Education, Housing, Healthcare, Travel, etc.
It’s time to:
End the Fed
Abolish 16A
Write off the Bad Debt
Embrace #Bitcoin Price Discovery
Half Baked Take.
#Bitcoin is like Rounders.
You got Mike (Matt Damon). The #Bitcoin Purist who wants to play the game straight up.
Then there's Worm (Ed Norton). The Crypto Maximalist who gets #Bitcoin but always looking for that edge.
Compounding Fractional Reserve debt requires debt write-offs.
Write-offs are reality checks business owners need to properly recalibrate prices & keep operating in a rational manner.
With #Bitcoin, we don’t have debt write-offs, we just have automatic difficulty adjustments.
10 minutes is to #Bitcoin as 98.6 degrees is to the Human Body.
Hash/Sats are to #Bitcoin as Adenosine Triphosphate is to the Human Body.
Good afternoon.
#Bitcoin is anchored to Labor (Proof of Work).
Because of this, other people want to anchor their labor to a money that is also anchored to labor.
The rules make the game.
#Bitcoin is the best game with the best rules, so people choose to play it.
Labor a pre-requisite for Value-Creation.
Value is built on a foundation of Proof of Work.
But not all "work" creates Value.
Trial and Error is an essential ingredient to Scientific Discovery.
Study #Bitcoin.
"Forgive us our debts, as we forgive our debtors."
-The Lord's Prayer on Debt Forgiveness.
Forgive the Debt
Abolish 16A
End the Fed
Study #Bitcoin
For anyone who has played Bridge or Spades before, you know how important it is for you and your partner to bid with as much precision as possible.
When I think about using #Bitcoin for dumb stuff like Ordinals, it gives me similar vibes to playing Bridge with a bad partner.
Fiat is backed by Faith alone.
#Bitcoin is backed by Faith + Works.
“What does it profit, my brethren, if someone says he has faith but does not have works?”
-James 2:14 on #Bitcoin.
“Time appears as a result of our action”
-The African Conception of Time
Love this perspective.
Similarly, #Bitcoin Time appears as a result of User Action/Proof of Work
Man’s conception of Time emerges from the Work of the Solar System.
Time emerges from Proof of Work.
#Bitcoin is sorta like playing Bridge or Spades with a reliable partner who knows how to bid and can hold up their end of the contract.
Whereas Fiat Money is kinda like playing Bridge or Spades with a Partner who is in cahoots with the opposing partnership.
If you don't understand that Debt fuels excessive demand of natural resources...
... then please reconsider.
Debt destroys Earth's Environment by fueling excessive and irresponsible consumption and economic behavior.
Study #Bitcoin and learn a new way forward in life.
I like Money and Words the way I like Scales, Weights, & Measures.
Scaled, weighted, and measured.
Study #Bitcoin.
If Humans misunderstand #Bitcoin and do not use it properly, then #Bitcoin’s full potential Utility will always fall short for Humanity.
#Bitcoin demonstrates that Demand for Economic Freedom & Justice is Price Inelastic.
If you don’t see how conflating IOUs with Hard Money distorts prices & artificially amplifies demand, then you also probably don’t understand that Fractional Reserve Banking does the same thing.
#Bitcoin solves the Lloyd Christmas Problem of Money.
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQ61Dd72R_8Qe1KHgaZz7bteyA24mrcJhu7XA&usqp=CAU