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Ian
0eef96197f5c6be3859b6817e6a5736685856c416e29a2925bd5a15b2a57c8b1
NextBlock, Founder The Flirting With Bitcoin Podcast, Host

GM & PV my Nostriches πŸ’œβœŠπŸ§‘

Got a great video for you this morning. I don't know where you plan on building your citadel but this is a much watch

https://youtu.be/0WF9qi8RtcE?si=iijqdQCSs-YV0vcd

GM & PV my Nostriches πŸ’œβœŠπŸ§‘

nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m This #bitkey is cool, but it feels weird to setup a wallet and not write down 12 words.

Am I the only one who feels that way?

#bitcoin

GM & PV my Nostriches πŸ’œβœŠπŸ§‘

#nostr the #austin of the Internet

GM & PV my Nostriches πŸ§‘βœŠπŸ’œ

Your brain is a muscle that needs exercise.

"Train Your Brain to Think In #Bitcoin"ℒ️

GM and Pura Vida my Nostriches πŸ’œβœŠπŸ§‘

Yesterday nostr:npub120jgpm9gl7lzwtjeklr7rg9nkty4g7whhgq0u8qz2n5s0fkrca0qlh5qug asked a question about how can they/know prove that certain bitcoins belong to you. Besides the Roman Sterlingov case, what other resources can help explain.

https://www.nobsbitcoin.com/roman-sterlingov-found-guilty-on-four-counts/

Replying to Avatar Ken Lazer

nostr:npub1pmhevxtlt3478pvmdqt7dftnv6zc2mzpdc569yjm6ks4k2jhezcs53uksr can you explain how all BTC isn’t KYC free with a little work?

Hear me out. I buy BTC on an exchange that I’m KYC’ed on. Gov definitely knows that’s my BTC.

I then move it off to a wallet. Gov can assume that was my wallet. Fine.

I then make another wallet and move it there. At that point how would / could the gov prove those sats are still from my original KYC purchase?

Wouldn’t that be enough to create doubt to clear the BTC and make it anonymous?

Bonus question: if I now bring those same sats back to an exchange and sell them (which I would never do but if I did) how would they know what my original purchase price was for taxing purposes? These sats have moved to multiple wallets and potentially multiple exchanges.

On #nostr or on an upcoming episode?

Last year I bought 21 orange tulips from bitcoinbloem.com

This year almost twice as many tulips are coming up.

Lowes garden center is fiat πŸ˜‚

GM my Nostriches πŸ§‘βœŠπŸ’œ

Working on some swag for the Halving Party

What are some Spanish words/phrases that start with the letter 'B'?

I'll go first...

"β‚Ώueno"

GM my Nostriches πŸ’œβœŠπŸ§‘

Not gonna orange pill anyone with this, but it is a banger

https://youtu.be/B5if2hthPCs?si=T9dBBkLQpfp5qvIq

GM my Nostriches πŸ§‘βœŠπŸ’œ

Replying to Avatar jimmysong

Political Games Advantage Psychopaths

β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”β€”

I went to a talk recently by Arthur Brooks, who's a Harvard Business School professor who teaches about happiness. The talk itself was good in that it gave voice to the wisdom of the ancients. Faith, family, friends and work are the essential ingredients of happiness, according to him.

At the end of the talk, he gave us, the audience a challenge. His analysis was that the dark-triad personalities were responsible for creating much of the unhappiness we see and experience. These are the people with offensive personality traits that include narcissism, Machiavellianism and psychopathy. His complaint was that too many of those people are now in control of institutions leading to a great deal of unnecessary and civilization-destroying strife.

I largely agreed that there's a small minority that causes a lot of the evil, but what I wanted to say and didn't get to say due to time constraints is that the current system incentivizes these types of people getting into positions of power. Hence, in my frustration at my not having had a chance to explain my reasoning, I write this essay.

Dark triad personality traits thrive in zero-sum games. Well let me qualify that. They thrive in zero-sum games where there are a lot of players, a lot being larger than Dunbar's number (~150). Under that number, it's hard to get away with dark-triad behavior because there's a collective moral intelligence at work. When in small-ish communities, dark triad traits are weeded out or at least marginalized. But beyond that number, most people know only a relatively small percentage of the people in the group and they instead have to back leaders based on limited information.

And this is where dark triad traits thrive. They are master manipulators and they can win these zero-sum games by doing the unethical. They generally give great first impressions, and only later are they found to be lacking empathy or morals. Sadly, society is currently full of large scale organizations where these dynamics are at play and you can see their operation in almost every institution. And that game has a name: politics, and nearly everything is infected with it.

Put simply, dark triad personalities have a massive advantage in political, zero-sum games and as such, they will be way over-represented in leadership positions. The largeness allows such people to get away with their immoral behavior and creates a lot of opportunities for them.

Sadly, nearly everything is large scale enough where dark triad traits win. Government, business, academia, media, education. It's pretty hard to come up with places where the dark triad traits *don't* have a massive advantage.

Yet there is one area of the economy and and it's small business entrepreneurialism. And no, I'm not talking about VC backed startups. The Silicon Valley VC world is a large institution where political maneuvering matters just as much as government or media and dark triad traits still have a massive advantage as witnessed by Elizabeth Holmes, Adam Neumann and Sam Bankman-Fried. When I say entrepreneurialism, I'm talking about normal small businesses like a deli or a car wash. There's much less politicking there and little room for dark triad personalities to take the reins. The environments are too small and there are not enough places to hide for people like that to win. Positive-sum games like market transactions, give no room for rent-seeking dark triad behaviors. Such behaviors don't work where value has to be provided specifically because of the immediacy of needing to make a profit.

Small businesses are what built civilization. It's only in the last 100 years or so with the advent of central banking that politics and zero-sum games have infected everything. So the question to ask isn't how do we stop these dark triad personalities from getting to the helm of these institutions. The correct question is how do we change the system so politics and zero-sum games are not so prevalent.

And this is where we need to talk about the economic system we are all under. It's way more Marxist than we'd like to believe. Marxism is what creates large political organizations where dark triad traits thrive. These are cancers to civilization and they're unfortunately growing in what were formerly thriving nations.

The 5th plank of the communist manifesto was the control of money by the government. The reason we have the system we have now that's getting closer to Marxism is because of the monetary system.

So to answer the professor's question, the economic system is the reason why dark triad personalities thrive. The permanent average reduction in happiness that he pointed out in 2008 and 2020, were argued to be the result of social media and corona lockdowns. I would argue that they were both massive inflationary events for the world economy. If you study hyperinflation, monetary debasement correlates strongly with unhappiness, probably because people don't like having their stuff taken away from them by inflation or otherwise. I would suggest that this is because monetary debasement adds a lot more zero-sum games giving huge advantages to dark-triad traits, which combined with the concentration/centralization of power which debasement also induces, makes everyone more miserable.

To fix the problem of evil people thriving, we must change the system so it doesn't produce such bloated, inefficient, zero-sum institutions that give evil people so many advantages.

well said. as a person who's been in the start up world for the last decade and worked for a decade as a government contractor I can vouch for this behavior. having seen first hand people who I would trust to watch my dog rise in the ranks the fastest. as jimmy said it's literally everywhere.

nostr:note10h64xn9fxkk35q93ctkparxtg0jl7cndmva8a0ywjgwkuamvql8slgj8dl

this is the real flippening

nostr:note15rf9v5k7cm3z4w3zm0223gw46dvmsuwjnmv948pnrsan8duahryqf204tu