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Robot Lightning
17caebd87397d284140fb44a3aac9be556488e9c26968301b36f93a31b093b77
Just a humble user of #Bitcoin and #TheNostr, exploring and learning! #Austrich

Just realized Amethyst is displaying longform content inline.

If these articles could link, and if they could honour nostr: links to other articles then we can do away with legacy web completely.

No more domains, no more namespace, no more publishing websites to webhosts. Pure post note to relay and link to note in client. An entirely new web.

nostr:naddr1qqxnzd3cxqmrzv3exgmr2wfeqgsxu35yyt0mwjjh8pcz4zprhxegz69t4wr9t74vk6zne58wzh0waycrqsqqqa28pjfdhz

People confused about the price of $BTC #bitcoin. But what else is there that can credibly go up 10X in this environment? Those buyers meet which sellers? There are no sellers left. All prices feel dictated by flows.

That makes two of us! Know any others?

I am just discovering Reticulum now. Have you seen any progress made on working with it and Nostr together?

Replying to Avatar Lyn Alden

As developed nations continue to enter sovereign debt crises akin to the 1940s, there are a few main outcomes.

Option 1) In a world without bitcoin, or if bitcoin fails, central banks and their governments recapitalize themselves with gold, devalue the people, and do another cycle of this inflationary policy for the next few generations. The Treasury/Fed handbook literally has a written option for this, although it is stated more opaquely. It can be done in the US (and probably many other countries) based on current laws if shit hits the fan. Denmark's central bank and China's economic ministers have also written similar things regarding extreme outcomes. It's pretty straightforward based on the past.

Option 2) We go into a centralized technocratic future. Centralized AI and CBDCs win. People have cuck money that the AI+government control. It's like Brave New World, 1984, take your pick. Hard to say, but not free.

Option 3) Open source money wins. Bitcoin and its ecosystem win. Governments get defunded from their fiat printers, and have to be more honest with their ledgers or default and get reconstructed since they can't print what their people hold as savings, or in the hegemon's case, can't print what the world holds. Probably a world of chaos for a time during the transition, but also an opportunity for peace and building the next era. Keeping track of the nukes would probably be a big deal, like when the Soviet Union fell. It's actually kind of remarkable that they collapsed economically and politically but in an orderly enough way to keep track of and secure most of the nukes.

I don't know which one will win, but I consider Option 3 to be the honorable method; the path of transparency. That's the one I am rooting for and building for.

If I fail, I would like it written that it's the method I tried for, but realistically the AI+government will probably delete most of the records of all of the failures anyway, since that is how history works, without any sort of objective truth keeper. Our best hope is to hide records in a distributed way and hope they can remain undisturbed for a while. At least bitcoiners have a tendency to write stuff in steel and make low time preference things. Some psychopath will hopefully carve a life work in steel in a cave or something, but who knows, lol.

And ironically, if Option 3 wins, any of the losing factions could still insert their ideas and paths into the Bitcoin blockchain, now or in the future. It's the most immutable database that we know how to build, and would preserve their ideas as it does our ideas. Like, you know what? I *want* the Communist Manifesto to be in the immutable Bitcoin blockchain, because I want people in the future to know how *bad* it is. It might already be in there; I don't know. I wouldn't want people centuries from now to think about those ideas and believe they came up with something new; I want to preserve my enemies' texts because I believe I can win through markets, force, virtue, and truth.

I think that's almost always what determines the winning side. Losers want to burn their enemies' texts to ensure that their good ideas don't spread too much. Winners want to preserve their enemies' texts to ensure that their bad ideas are never repeated.

No matter how long I spend in #bitcoin there are always new layers to the understanding. This piece made me realize that the genie is out of the bottle. Even if Lyn's options 1 or 2 eventuate, as even then we still know how to create immutable permissionless money, and that knowledge can never go away. The mere fact of it guarantees that options 1 and 2 must ultimately fail.

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Aha, yes. I was too slow on the trigger.

Is anyone here from Australia or New Zealand? Is there a downunder Nostr scene? #aussie #kiwi #downunder