That’s the goal.

Nothing within the State.

Everything against the State.

Everything outside the State.

I believe that world is coming, and it will be built on #nostr by connecting the productive people together in a digital economy that the parasites can’t control.

how does stacker news is related to nostr?

The productive people in every economy are beholden to these infestations of parasites. Taxed out the arse on everything they earn, then constant debasement of what’s left and they’re told it’s for their own good because who else could pay someone to build roads?

Because a lot of it is visual and measurable, and occurred within the past decade, Egypt is currently providing a useful case study in the perils of central planning.

The country over the past ten years (when current leadership took over) took on $120 billion in external debt, and also used a lot of local deficit spending, with the reasonable goal of building lots of new infrastructure, alleviating congestion with new cities, and boosting international tourism to what are some of the best beaches in the world.

But details and order matter. And an entity with a monopoly on violence has less incentive to get the details and path dependence correct, and has fewer error correction methods built in than private developers do.

So the government built a big network of roads and bridges, which helped somewhat, although many of the roads are badly designed and always delayed. They built an entire new capital city for the government and military HQ, along with business and residential districts, which nine years in is still mostly vacant. They are developing the north coast city of El Alamein, but unlike well-designed private developments (eg in El Gouna on the Red Sea), the government was heavily involved for El Alamein, did massive overbuilding with incongruent designs that will take decades to fill (by which time the buildings will be deteriorating).

Now they have chronic power outages due to insufficient power generation. They are building their first nuclear facility, but it only began in 2022 and won’t be finished until 2026 or later (probably later). Maybe they should have started that facility earlier, before their now-empty city…

The average Egyptian pays for a lot of this through currency debasement. They look around and say “yes there are new bridges and entire new cities, but it takes me more hours of work to afford a car than it did ten years ago and there are three-hour power outages each day…” Basically they get taxed in opaque ways via debasement, and don’t benefit from most of the development that they are paying for.

And while those developments might make sense if successful, the order of development, the details of development, and so forth have clearly been suboptimal.

Anyway, good morning.

Wow. It’s really hard to survive on #nostr 😂😂

Without meeting nostriches who helped me today I would’ve probably ended up sleeping on the street right now…

BUT WE’RE STILL GOING 💪🏼

NOSTRICHES TOGETHER STRONG

#reallifebitcoin

Made it to the Eiffel Tower 🔥

The locals tell me accepting bitcoin here is illegal 👀

Several #bitcoin ATMs have been removed a month ago and business stopped accepting it.

Getting hungry and thirsty.. what do we do fam?

The ideology of statism is what drives modern wars.

Zeus wallet is so good, GM

#Bitcoin is about to crash hard.

Although I should say the lack of a seed phrase and a display does feel scary. Not a wallet for pros.

Here's a breakdown of usage (by $ volume) on Coincards by percentage in May '24:

#USDC: 33.21%

#BTC (Onchain): 30.04%

#XMR: 27.58%

#LTC: 4.28%

#ETH: 1.82%

#Dogecoin: 1.63%

#LightningNetwork: 1.16%

#USDT: 0.19%

#Solana: 0.09%

#Dash: 0%

#Matic: 0%

#Dai: 0%

A donkey was painted with Israeli flag and tortured, another donkey with Israeli flag was burned by Palestinians.

Completely understandable✊🏾😵‍💫

Yeah I mean I’ve been on X a lot longer!

Nostr doesn’t have an algo - that’s part of the challenge

Continuing my radical honesty on creator earnings.

I made about 25k sats on Nostr this month or about $20.

$69 made on Xitter.

Teehee, 69.

Anyway, one of the things that’s puzzling me is I want to share video content directly to Nostr … but that costs about 30-50k sats a month via Nostr Build.

Any tips or ideas welcome!

#NostrVsTwitter #Value4Value #V4V

Continuing my radical honesty on creator earnings.

I made about 25k sats on Nostr this month or about $20.

$69 made on Xitter.

Teehee, 69.

Anyway, one of the things that’s puzzling me is I want to share video content directly to Nostr … but that costs about 30-50k sats a month via Nostr Build.

Any tips or ideas welcome!

#NostrVsTwitter #Value4Value #V4V