When I hear people referring to their stock portfolios as wealth I typically retort with the acres, quantity of fruit trees, soil quality and number of chickens I have.
Paper is fun but food and resiliency is better.
I’m a big fan of Jack Maller and his podcast but he recently went on a rant about not buying anything beyond life’s simple needs and why would you spend on fiat consumption when you can buy more sats and a part of that personally resonates with me but I don’t think we need to cultivate this cult of sats over stuff.
Bitcoin is freedom, and freedom means a lot of different things to people so we need to allow for that varied definition in the community when it comes to spending.
It’s weird to come upon some of the anti-capitalist content in the Bitcoin community.
I see the value of stacking sats instead of lambos and rolexes but also Bitcoin is money and people should feel free to do whatever they want with it.
#deflation
#intel #news #Baltimorekeybridgecollapse
Uh oh, someone showed Peter Schiff how to use Midjourney...
Goodness gracious I watch one Saylor video on YouTube and now the feed is a cesspool of shitecoins that are about to 100X.
What’s worse, shitecoins or predatory algorithms that make people dumb and stupid?
Arguably they come from the same thesis…
Wasn’t the story that it lost power?
Just chickens for now but have some plans for sheep.
Lots of fruit trees with some attempts at a permaculture reality with blueberry bushes, fig trees, blueberries and plenty of veggies. Still in learning mode.
Pull the thread a bit further, what are steps 2-3?
I’ve come to see the Right as the systems way of introducing control systems for “good causes” aka The Patriot Act which then the Left uses to control and manipulate the levers of power. In that reality I could see a Trump presidency being used to usher controls that are later then abused to steal freedoms.
Isn’t there a reality where some of these technologies/coins displace current Web 2.0 companies?
Thinking about buying some SOL purely as a speculation play.
I’m also saving in Bitcoin and have been stacking for a little bit.
Tell me why this is stupid.
Hah. Sorry, voicing my frustration about people in my circles taking too long to come around.
David Rogers Webb’s book “The Great Taking” is a must read (free pdf download).
Speaks to the changes that have been made to the definition of property within certain investment vehicles like IRA's, 401k's and brokerage accounts so they're no longer defined as personal property but rather "security entitlements" which greatly increases counterparty risk.
Hah. I read that bitcoin book to my two sons aged 3 and 6.
