“Bitcoin is the only technology that’s going to end WW I”
- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
Such a great take. True, important, and infuriates all the right people 😂
Unless someone is setting out to be a professional author (very hard), nobody should write a book to make money.
When I set out to write Broken Money, it was because I *had* to, not because I wanted to. Spending a thousand hours on something that I get a profit of $5/copy for is not my best use of time.
Any time I spent on my research business revenue generation content, or leaning harder into my venture capital partnerships, would have been better on an hourly ROI basis. I have to sell 40 books to equal each newsletter subscription on my website; clearly the latter is better financially.
Almost regardless of how many copies I sell, it's a bad ROI for me. I'm overworked and the fact that I wrote a book while maintaining my existing business stressed my relationship and social life. And further, I am reinvesting most of my initial profits; the first 1,000 copy profits go to the Human Rights Foundation Bitcoin Development Fund, and the next 4,000 copy profits will go towards making a video about money and why it's broken.
And all of it was worth it. When a creator has something in their head, it's painful until they get it out into the world. I wrote this for bad ROI but because I wanted it to be out there for people to read, period.
Will I make a profit? Yes. But at a much lower hourly rate than I make on other work I do. It's a negative profit compared to having reinvested that thousand hours into my other existing work. But I consider it to be more important, which is why I spent the time.
I wrote Broken Money because I had to. The book concept formed in my head after many years of writing and research regarding money, and it would have been increasingly distracting to *not* write it. I didn't realistically have a choice. I felt compelled to write it. Part of it was altruistic; I wanted people to learn from my total monetary framework thoughts over five years of research. Part of it was egotistical; I wanted to timestamp something in the world, in physical form, and put it out there. Maybe it's the low time preference part of me; I'd like something of me to be mentionable to people in the distant future who look back at this time.
My background has been a blend of engineering and finance, with both ironically pointed toward bitcoin.
I don't care where you buy it from, and you can pirate it if you want, but it benefits bitcoin and nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak if you buy it from his website. Circular economy rather than big fiat business. We've introduced a special edition hardcover with a cloth cover and dust jacket for those that prefer that premium format, only on his website. And you can buy it in fiat or sats.
https://academy.saifedean.com/product/broken-money-hardcover/
Actually, people are profit maximizing agents so this can't be true.
Kidding! Thanks for spending the time 🙏I'm really enjoying the book although had to buy it from Amazon with dirty fiat 😢
Horrible situation. Frustrating seeing it being framed as Palestinians vs Israelis. Actually, majority of these people seem to just want peace and live their lives. Governments and terrorists (tautology?) the root of the problem as per usual.
Yet another reminder of the racketeering mafia we call government:
I get a traffice fine in the post because I was briefly stationary on some yellow street markings. CCTV photos show another 5 cars doing the same thing as me at the same time. Was completely unavoidable since the markings covered a two lane main road for about 80 meters. Probably 1000s of cars fall into the same trap every day.
Apparently I can get a discount if I give in and pay right away, otherwise it's £160, or £240 if I take longer than 28 days 😮 The convenience and financial incentive of just giving in is very tempting - kind of like a mafioso saying "let me make you a deal".
The really evil part is that if I did just pay it I know it would encourage me to think that others who didn't pay, or fought it, were being unreasonable. An example of how the system turns us against each other.
Adviser to the Chancellor proposes taxing inflation 😂
Sorry everyone, BBC fact checkers have concluded that inflation is not a tax. We've all been wrong this whole time 😪
Very clear example of why you should use GrapheneOS and keep location off. Police are issuing "Geofence warrants" and you could be falsely linked to a crime.
This is EXACTLY why it's nonsense to say privacy is only needed if you have something to hide.
https://www.theguardian.com/technology/2023/oct/03/techscape-geofence-warrants
cc nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1gd3h5vg6zhcuy5a46crh32m4gjkx8xugu95wwgj2jqx55sfgxxpst7cn8c nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu
So, should we become climate activists now? 😅
I really don't want these people deliberately fucking with the atmosphere - they're always dumber than they think, and the inevitable harm they cause always "could not have been predicted".
Fun side effect of using randomised VPN locations - wild variety of podcast ads 🤯
Lol, watching a video about propagating shrubs from their cuttings and they warn me about not doing this to plants which have intellectual property protection for breeders 😂
What a load of nonsense. Looks like I'll have a bunch of pirated shrubs & trees soon 🏴☠️🌳
This Booth & Gammon WBD debate is so frustrating!
I just want to shake Jeff Booth and tell him to talk in the same language as George Gammon. Tell him WHY Bitcoin mitigates paper money, tell him WHY it helps prevent war in the first place. Booth just keeps saying "it's inevitable" 😅 and makes huge leaps of logic, without being specific (I agree with him but it makes it even more frustrating). I actually think Gammon is trying pretty hard to understand, but his reasonable (and easy) questions aren't being answered because these two are just on different planes.
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx does a good job of trying to bridge the gap though. I'd love someone like nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a or Parker Lewis to write a post script addressing some of the chasms of misunderstanding between these two.
Eish, I agree with the article but don't think this is good evidence of legacy media narrative shifting.
The article is a "guest essay" from The Daily Maverick (a South African online news publisher), and the author is someone who's written two Bitcoin/crypto books and mainly writes about the topic when he's published online. Not an impartial journalist who's just taken on the story.
Having said that, things do feel less hostile out there on the environmental FUD front. They're probably all cowering in a corner after being hounded for cutting down so many trees 😂
Maybe a naive take, but I think Elon Musk is a net positive for free speech and questioning government consensus.
All the stuff nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx predicts about Twitter is likely true, but I think it's complicated. The man is flailing about trying to monetize, and definitely has pressures on him from big banks (billionaires borrow against their assets in order to buy things) and the CCP (big Tesla market + supply chain). BUT, he's also a somewhat ideological and impulsive person who resents being told what to do. He amplifies non-consensus view points to a massive audience, and has probably been the catalyst for many to question the mainstream.
Definitely don't get a blue check, and even better keep off Twitter entirely if you can (use #nostr obviously). But the other big tech platforms are way worse, and Elon has significantly helped to counterbalance mainstream media on a few important ideas.
Probably a really boring take ...
I've been 95% working from home for 3.5 years now. I think it's a mixed bag, but probably net positive.
Luckily I have the option of going into the London office when I feel too couped up and need a change of scenery. But, I still feel disconnected and distracted talking to many of my colleagues via Zoom most of the time - can't wait for a meeting to be over so that I can read some article I found while I was in the meeting 😅
But on the plus side, I'm forced to be much clearer in my written communication, and get to think things through more. And of course, I've got more family time and am usually up to speed on chores.
Was watching the Scorsese film about the Bob Dylan Rolling Thunder Revue. At one point Dylan says something like:
"If a man's wearing a mask he's going to tell you the truth, if not ... well, it's less likely"
That's why I love following nyms on #nostr 🫡
Interesting development:
The DEI director where I work is starting to pivot away from cringe virtue signalling, and is now going all in on "inclusion" but with productivity as the motivation.
No more free money, so these people are going to try and justify their roles on business grounds. Not sure how I feel about it. On one hand it's a positive shift in what narrative is valued, but on the other hand ... it's still mainly bullshit, just less obvious.