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₿itcoin ₿ombadil
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Take delight in things for themselves without reference to yourself… The chain of memory is resurrection.

Block Height NGU > Fiat NGU

#Bitcoin

#Bitcoin adoption is an event.

#Bitcoin conviction is a process.

Verify the process.

Then trust the process.

Do not change the process.

Let the process change you.

If you vote in 2024, make sure you also buy #Bitcoin to protect yourself from whoever “wins” the election.

Voting without owning #Bitcoin is kinda like driving without a seatbelt. 🤣

Do not concede the Intrinsic Value high ground advantage that #Bitcoin clearly has over Dollars & Shitcoins.

Meet the Fiat Maxis on any territory they choose and expose the weakness of their arguments accordingly.

#Bitcoin wins on every dimension of value we can think of.

Everyone understands the feedback loop right?

Satoshi wrote the rules of #Bitcoin and required Proof of Work to generate new blocks.

People didn’t magically just start subjectively valuing #Bitcoin  and then it magically got expensive to produce

Proof of Woek is tied to #Bitcoin at the hip….

Just like PoW is tied to all things that have true objective and lasting value.

Imagine thinking you can use a Fraudulent Measuring Stick like the Dollar to measure the true value of #Bitcoin.

Can you imagine? 🤣

Study #Bitcoin.

Fiat Maxi: #Bitcoin doesn't have any intrinsic value.

Bitcoiner: Intrinsic value doesn't exist!🤡

Imagine debating a Fiat Maxi about #Bitcoin and claiming Objective/Intrinsic value doesn't exist, when #Bitcoin obviously has Objective/Intrinsic value and the Dollar does not.🤣

“See, sacrifice, Robert. That's the price of a good trick. But you wouldn't know anything about that, would you?”

-The Prestige on #Bitcoin

"The sacrifice... that's the price of a good trick."

-Alfred Borden from The Prestige on #Bitcoin.

#Bitcoin spenders play a bid auction game for blockspace to record their tx and move Sats to a new address.

Miners play an all pay auction/lottery style game to generate blocks.

Difficulty/tx fees Emerge from the outcomes of these 2 games.

The two best forks/forms of money in history (#Bitcoin & Gold) gained acceptance because of how well they measure & reflect a fair value of time & sacrifice.

People can critique Proof of Work all they want, but it’s impossible to align everyone’s monetary incentives without it.

It’s not that #Bitcoin aligns everyone’s incentives perfectly.

It’s that #Bitcoin aligns everyone’s incentives directionally/dimensionally.

#Bitcoin aligns everyone’s incentives in the direction of time, sacrifice (Work), & survival.

Everything else flows from that alignment.

Please check your Ego and Seven Deadly Sins at the door before entering the #Bitcoin Cathedral.

Things like Greed, Pride, Envy, Lust, Wrath, Sloth, and Gluttony will not be helpful to you on your #Bitcoin journey or your life journey.

Godspeed. 🫡

Greed holds #Bitcoin together.🤡

Lust & Envy hold marriages & communities together.🤡

Gluttony holds your body together.🤡

Sloth holds your business together.🤡

Wrath holds your family together.🤡

Arrogance holds your friendships together.🤡

Greed holds #Bitcoin together the same way the Seven Deadly Sins holds Human Civilization together.

It doesn’t… and they don’t.

🤣🫡

The #Bitcoin Sat Stackers, Miners, Noderunners, and Keyholders around the world are collaborating on the most ambitious energy efficiency moonshot in human history, while also powering the best money/whole life insurance policy on the planet through time and space.

Join us.

#Bitcoin can obsolete Debt Hierarchy and the misalignment of interests it creates and replace all that bullshit with plain vanilla Pari Passu Equity Partnerships.

If you buy your #Bitcoin with a 50% LTV loan, then your lender values the #Bitcoin half as much as you do.

Years ago, a bunch of people hyped up FUD that #Bitcoin will never scale without changes, so we made a bunch of big changes to #Bitcoin without fully appreciating the implications.

In 2024, the #Bitcoin scaling FUD is back, and people say we must make more changes to #Bitcoin.

Do we fully understand the implications?

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Fair enough…. Generally just saying If you can out-argue them on their terms, then it seems reasonable to go that route.

Don’t just say “intrinsic value doesn’t exist”

Argumentation tactics can always be fine tuned.