I care about Accountability, but I don’t obsess about directly punishing Clown Lords who benefit from the Money Printer.
Taking away the Money Printer is all that’s required.
The Free Market will take care of the rest.
Got #Bitcoin?
Man can ruin water.
Man can ruin food.
Man can ruin anything,
If Man is in the mood.
Man can ruin music.
Man can ruin sports.
Man can ruin Sunday Brunch,
If Man is out of sorts.
Here’s a pinch of Wisdom
for your Sunday Stew.
#Bitcoin ain’t the issue.
The issue here is you.
My condolences to all the Veterans of War who were misled into America’s Forever Wars.
We’ll never forget the lies that led to all the trauma.
I urge all the victims of the unjust Forever Wars to study #Bitcoin.
#Bitcoin turns swords into plowshares.
I don’t fully agree, but it’s clear that the #Bitcoin movement in the West has stalled intellectually in very important ways…
Namely the West’s obsession with higher Fiat prices of #Bitcoin and actively seeking more Fiat Institutional “adoption” and “validation” with things like ETFs, GBTC, Coinbase, etc…
The Law of One Price says identical goods or securities should sell for the same price, irrespective of location. It assumes free competition, price flexibility, & absence of trade frictions.
Fiat undermines the Law of One Price.
Study the #Bitcoin Difficulty.
If we sell our #Bitcoin to Central Banks then we will be playing ourselves and deserve to lose our Economic Freedom.
Selling your #Bitcoin to the Central Banks for Fiat is worse than the guy who sold his #Bitcoin for Pizza over a decade ago.
Iykyk
All things being equal, the early #Bitcoin adopter/stackers will have a higher willingness to spend BTC as time goes on.
Later adopters will be more willing to work for #Bitcoin as time goes on.
The bootstrapping phase till 2140 is going to be Epic… equilibrium will be discovered.
The alt-coiners are parasitic mimics.
They mimic parts of what they see in the #Bitcoin community aka enthusiasm + higher fiat prices, corrupt the core message and use it to lure in people to their other coin that’s “like #Bitcoin , but better”
I think if we want to see less scammy alt-coin behavior, then more #Bitcoin Plebs have to make a point of de-emphasizing the importance of Fiat Dollar prices.
The OG Matrix meme is still the controlling meme.
#Bitcoin was invented without a Dollar price.
Don’t forget that.
#BTC Plebs: Alt-coins should be criticized.
Not wrong
Also #BTC Plebs: The #Bitcoin Dollar price is up so much this year! Yum! Yum! Buy my products!
Wrong.
$ price of #Bitcoin is a Shitcoin.
We point out the speck in our brother’s eye, but ignore the log in our own.
I used to be a lot more focused on the $ price of #Bitcoin.
I used to see $ price as a justification of value.
And while I only ever dabbled in Shitcoins, my justification by $ price mentality (Greed) validated coins like ETH in my mind, whose $ price has gone up over time.
This “justification by $ price” mentality clouded my judgement… ETH’s $ price went up, so clearly I misunderstood something about ETH’s value proposition.
ETH’s $ price even outperformed #Bitcoin over certain timeframes.
Better to stay open minded about ETH I thought.
Who was I to judge the ETH origin story, or the pre-mine, or the DAO crisis, or the planned transition to Proof of Stake?
The $ price of ETH was going up like a rocket… like #Bitcoin’s $ price.
So some seeming minor diversification into ETH away from #BTC “made sense”.
In hindsight, my mistake was in allocating too much credibility to the Dollar Price of #Bitcoin , which really has nothing to do with how or why #Bitcoin can help humanity… I then applied this Fiat thinking to Shitcoins like ETH.
I only say all this to help the #Bitcoin community understand something.
Our obsession with the Dollar price of #Bitcoin is probably giving people the justification they need to consider Shitcoins… because the Dollar price of those coins go up too.
At some point, we should stop and check ourselves when we overly emphasize the Dollar price of #Bitcoin.
When we obsess about the $ price of #Bitcoin we are unwittingly giving false justification for considering Shitcoins.
It’s important for all #Bitcoin Plebs to remember that Satoshi created #Bitcoin’s rules and design without the Dollar in mind.
#Bitcoin is independent of Fiat rules.
#Bitcoin has always been about Proof of Work and free market price discovery (difficulty adjustments).
Politicians don’t like #Bitcoin because it’s too transparent and requires too much accountability.
Every Dollar the US Govt spends should be broadcast publicly.
Instead our govt upends people’s lives with Illicit Mischief Money in the Dark.
Demand Justice everyday
not just on Election Day.
Study #Bitcoin.
I’ve paid a lot of taxes over the years…. Not proud of it.
The US Govt perpetuates Evil in the name of its taxpayers. We are all guilty for letting it get so bad.
Abolish 16A.
End the Fed
Declare a Jubilee
Study #Bitcoin
Government Debt
Is backed by Theft
Do you want to learn
About #Bitcoin yet?
I was a late #Bitcoin Twitter adopter
But I’m happy about being an early #Bitcoin Nostr Adoptr.
#Bitcoin is needs based… and necessity is the mother of invention.
Innovation and efficiency would flourish on an Honest and Accurate Weights and Measures Money Standard like #Bitcoin and Gold.
#Bitcoin is Free Rider Resistant Money.
#Bitcoin helps optimize and synchronize economic activity the way clocks and trains help optimize and synchronize economic activity.
#Bitcoin isn’t just a blockchain or a Timechain or a proof of work chain.
#Bitcoin is a Block Train. A Clock Train. A Work Train. A Time Train.
Sacrifice via Proof of Work is always required to use #Bitcoin.
If Sacrifice is always required, then #Bitcoin user interests are always more aligned than under Govt Clown World Money.
#Bitcoin is Free Rider Resistant Money.
resource and energy allocation through the Magic of Free Market Price Discovery and Business Ethics.
#Bitcoin Plebs are to Billy Madison as Fiat Clown Lords are to Eric.
I choose Business Ethics.
Iykyk