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BTC FTW⚡️🇺🇸
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For money as for all other activities of man, liberty is the mother, not the daughter, of order. -Murray Rothbard

Austrian economics: Observes human behavior and applies first principles reasoning to construct an economic framework. Core tenets are self-evident.

Keynesian economics: A toxic brew of wishful thinking and academic masturbation reliant on credentialism for authority.

Fiat currencies stem from the latter.

Let’s do #Bitcoin instead

A fixed 21M #Bitcoin then!

Murray Rothbard in "What Has Government Done to Our Money"

Good morning #Bitcoin fam. Is there someone with more technical depth than I that can explain the validity (or not) of this use case? https://www.cnbc.com/2024/01/22/blockchain-tech-behind-bitcoin-can-be-used-to-track-ai-training-data.html

"The Sovereign Individual" is definitely in queue. Somehow hadn't come across "Cyptoeconomics" yet, but sounds right down my alley. Thanks!

I've read:

1) "The Bitcoin Standard"

2) "The Price of Tomorrow"

3) "Broken Money"

Need a reco... What's next in the #Bitcoin canon?

finding another Bitcoiner in the wild be like

Them: #Bitcoin has no intrinsic value other than as something to speculate on.

Also them: #Bitcoin is only used by terrorists, drug dealers, and money launderers.

Also them: "#Bitcoin  has the potential of undermining the role of the dollar as a reserve currency.”