Elon's X is doomed to fail at some point.
#Nostr is the only way out for social media.
Unfortunately your primary schools don't teach you and some people have been so busy with their fiat debt slavery that even if you show them this chart and explain them in simple language like nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a and Lawrence Lepard did, they would still think that you are crazy and they are wise to follow the current system.
Some people might listen to you and think about it for 5-10 mins but then they would be like other people are not stupid and they continue to use fiat currency (i.e. USD, CAD , INR etc.) so, we should probably keep using fiat currency and we should not look for alternatives. I saw this behavior with a lot of highly educated people as well and it tells you that a fiat degree is not worth it as much as we think.
Study #Bitcoin
Canadians still think that Conservatives will fix the housing crisis. They have no incentives to fix the housing market when you know half of conservatives are landlords but I guess let conservative win the next election and let people realize that politics, regulations and law don't change anything but incentives do.
As nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe said, you can't fix current system by staying in the current system. You need to opt out of this current system by studying and investing in #bitcoin.
People need to stop relying on politicians, industrialists, crony capitalists and they have to take their own responsibility by becoming their own bank and by separating money from the state. That's the only solution and the 2 party system is doomed to fail.
#bitcoin
Canadians still think that Conservatives will fix the housing crisis. They have no incentives to fix the housing market when you know half of conservatives are landlords but I guess let conservative win the next election and let people realize that politics, regulations and law don't change anything but incentives do.
As nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe said, you can't fix current system by staying in the current system. You need to opt out of this current system by studying and investing in #bitcoin.
People need to stop relying on politicians, industrialists, crony capitalists and they have to take their own responsibility by becoming their own bank and by separating money from the state. That's the only solution and the 2 party system is doomed to fail.
#bitcoin
Canadians still think that Conservatives will fix the housing crisis. They have no incentives to fix the housing market when you know half of conservatives are landlords but I guess let conservative win the next election and let people realize that politics, regulations and law don't change anything but incentives do.
As nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe said, you can't fix current system by staying in the current system. You need to opt out of this current system by studying and investing in #bitcoin.
People need to stop relying on politicians, industrialists, crony capitalists and they have to take their own responsibility by becoming their own bank and by separating money from the state. That's the only solution and the 2 party system is doomed to fail.
#bitcoin
Is there anyone in #bitcoin space who knows nothing about agriculture and planning to start career in agriculture?
Or is there anyone who actually got motivated to grow their own food (after going down the #bitcoin rabbit hole) and now that person is planning to get into type of agriculture that nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak talks about in his book "The Fiat Standard"?
I would love to hear your thoughts if you are working on this.
#bitcoin #BTC
Whenever I say "Let the free market decide", most of the people look at me and behave like I am preaching the ideas of a utopian world and you also get the sense that they have been PROGRAMMED really well by STATE that they strongly BELIEVE that "Free market never exists because governments are very powerful". Sometimes they will also laugh at you to speak in favor of free market.
Most of these people are very spiritual and religious but when it comes to challenging evil forces of governments and elites, they would tell you that it's not worth fighting against these people because they are very powerful then I am like why do you even pray to God, what's the meaning of being spiritual and religious when you instantly give up against evil.
What a clown world we are living in...!!!
I hope these people study #bitcoin and get that courage to fight against all the evils and corrupted governments.
#bitcoin #BTC
Alberta might be the only real place left in Canada. everywhere else consumed by NPCs and immigrants
That's not true. There are lot of meetups going on in Ontario as well. We do meetups around London, ON. If someone is interested in that, let me know.
Guelph and Toronto also have regular meetups.
I would think that explaining about history of money in 10-15 mins might work based on what you are saying but not sure if they would prefer to read books about economics.
Saylor talk at Prague is awesome. Thanks for the suggestion...!!!
If someone doesn't want to read "The Bitcoin Standard" book then which book would you recommend to that person?
Most of the people don't like reading books. In that case, what resources would you recommend to them so, they can start living on #bitcoin standard?
#bitcoin #btc
This is really good observation from Brad.
Is there any way to create army of plebs who also have good technical understanding about #Bitcoin core code and consensus so, we can prevent any PSYOP from shadowy supercoders and wizards?
How difficult for someone (who doesn't have programming background) to digest "Mastering Bitcoin" book by Andreas.
#Bitcoin #BTC
nostr:note1r6gw9ddpgveacxff9l2hclks47w6cheee00zh3p90c0t4a28nepqzpmryz
nostr:npub1zjx3xe49u3njkyep4hcqxgth37r2ydc6f0d7nyfn72xlpv7n97ss73pvrl This is really good observation. How can we create army of people who also have good technical understanding of Bitcoin code and consensus so, people don't buy into PSYOP created by these shadowy supercoders?
How difficult for someone (who doesn't have technical or programming knowledge) to digest "Mastering Bitcoin" book by Andreas?
#Bitcoin
This is damn true. People should be paying lot of attention towards new anti privacy or anti self-sovereginity bills and laws
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If I want to get into technical aspect of bitcoin, what would be best resources in your opinion?
How about Mastering Bitcoin book? Is this book worth the read for person who doesn't have technical or programming background?
Any suggestions would be appreciated.
#Bitcoin #BTC
The trust that normies have in current system is just ridiculous. They don't think why S&P 500 goes always up in the long run and even if you try to explain them with all the objective evidence they would still not believe it
Liquidity drives fucking everything.
#Bitcoin
People will still debate this meme with the argument "who will build the roads if we don't pay our taxes?". People have been programmed so badly with the current system that they don't believe in human coordination unless some leader(s) asks them to think about it.
Opt out of this PSYOP with #Bitcoin.
This is what we need to discuss more than Bitcoin ETFs
Maybe one or two more cycles and we might see 17400% increase in merchants accepting #BTC.
#Hyperbitcoinization #BTC #Bitcoin
What a clown world we are living in...!!! If you try to show your skepticism towards the future of CPP, you will get downwoted in this subreddit...!!!
Not sure when these people will get humbled by #Bitcoin.
#Bitcoin #BTC
One problem that people face is that they box themselves into narrative corners and echo chambers.
"Not your keys not your coins" is a good one-sentence explainer to tell people to be careful about custodians, especially in such a nascent industry. It's powerful and memorable. Couldn't be said better.
But then some people take that to mean nobody should ever use any custodial service under any circumstances ever. You got $200 in a custodial Lightning app because it's faster and easier than alternatives? You've failed the purity test. You're in a developing country and want to save $100 worth of bitcoin? Better do it on-chain, otherwise it's not yours!
But then some of the same people resist a block size increase to keep the network decentralized (a good thing, imo) and also say that bitcoin will fix the world (I think it can).
But while all reasonable statements on their own, the issue is that statements 1, 2, and 3 don't add up when taken to their extreme. It has been written about since the time of Nakamoto and Finney on Bitcoin Talk forums that Bitcoin would need to scale in layers.
https://bitcointalk.org/index.php?topic=2500.msg34211#msg34211
So any statement about "Not your keys not your coins" has to be paired with an alternative solution, or a spectrum of alternatives. What if someone can't fit into the one of the only tens of millions of on-chain transactions per month? What if $35 fees is high for the $200 in bitcoin they want to save?
Is holding your bitcoin on an 11-of-15 multisig (Liquid) okay, in exchange for lower fees, faster block times, better privacy, and some additional features? Depending on the amount, I would say yes. It has trade-offs, though, which have to be made clear.
What about a Chaumian mint? What if an app lets a community in South Africa set up a 5-of-9 multisig run by well-known people in the community who would face consequences if they break trust? And the same app can let a smaller community in Guatemala set up a 4-of-7 multisig? And a bigger multi-country 6-of-11 multisig can be set up as well? It's private, interacts with Lightning as seamlessly as Wallet of Satoshi, and can make in-person payments even when the internet is out briefly. Plus, it can be customized via open source add-on modules by the community running the specific mint so that it can also store private data for users, monitor reserves, monitor health of the multisig keys, run applications like Chat GPT payable in bitcoin per usage, run private DMs and group chats, run apps that show you local merchants that accept bitcoin, etc. And what if a user could, within the same app, seamlessly spread their funds out among a handful of different mints that they know pretty well to avoid having all of their eggs in one basket, and then pull into self-custody when above a certain amount?
Maybe there will be more softforks in the future. More flexible scripting to allow more share-ability of UTXOs, for example. But those require consensus, and they tend to come with some trade-offs or code risks, and so they take time.
Bitcoin is an engineering marvel. But it's not magic. It has limitations, and it has a spectrum of solutions for those limitations at any given time. The best solutions solve multiple problems at once: they add scalability, they add speed, they reduce fees, they add privacy, and they add flexibility/programmability all at once, while still being more distributed than trusting some centralized KYC entity.
Bitcoin is peer-to-peer open source money. But it's not infinitely scalable on the base chain. If it were greatly scaled up on the base chain to fit everyone, then only institutions would be able to run nodes and it would be greatly centralized and thus useless. So the solution, known from the start of the Bitcoin Talk forums, is to build additional peer-to-peer open source layers on top of it, allowing for a range of transaction sizes, a range of speeds, a range of privacy, and a range of programmability, all to serve different users' needs, and without compromising the decentralization and security of the base chain. That's the type of statement that needs to be provided along with "not your keys not your coins" for the full context to make sense.
If someone has been watching lot of reels on mainstream social media and that person is suffering with short attention span then that person needs to start reading some of these Lyn posts.
She narrates her posts really good and you don't want her post to end.
This is spot on...!!!
#Bitcoin #BTC
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