I can only think of two things that I know for sure are finite.
My time on earth and #Bitcoin.
All leverage definitely comes with risk, but taking on long term low interest debt in a currency that I am expecting to lose most of its value over the next 20-30 years seems like a safe bet.
On the other hand I like the idea of having peace of mind knowing that you are free of all debt obligations.
To live below my means free of debt and usury on a #Bitcoin standard, or to take on fiat leverage to speculative attack the USD and gain more #Bitcoin.
This is the question.
Big agree, the system is designed for you to remain in debt and to extract as much tax revenue from you as possible. My goal is to break out of the fiat slavery system as soon as possible.
All of my wealth has already made the transition but I still have some leveling up to do to become truly self sovereign.
Agreed all fiat currencies collapse sooner or later. However, people and governments will likely always try to play some form of fiat games to attempt to get something for nothing.
The difference is that now with the option to hold #Bitcoin it becomes much more difficult to continue the fiat scharade.
The are incompatible because the only logical trade is to sell fiat and hold Bitcoin.
They can and will coexist but only until enough people figure that out.
The Fed understands how broken things are and that they will need to slash rates to avoid a significant depression.
They had to put on the show of fighting inflation and making markets feel pain to restore confidence. But there was never any doubt that when things start to get bad they will swoop in with their money printer and kick the can further down the road.
This cycle will continue and grow more and more volatile over the coming decades. More stimulus will be required this time around, which will cause more inflation, which will require raised rates, which will have to be slashed even sooner to avoid recession.
Opt out. #Bitcoin 
GM frens, lets win today.
“The body and its parts are a river, the soul a dream and a mist, life is warfare and a journey far from home, lasting reputation is oblivion.”
-Marcus Aurelius
#Mementomori
"The smallest family will become a thousand people, and the tiniest group will become a mighty nation. At the right time, I, the LORD, will make it happen."
-Isaiah 60:22
A Declaration of the Independence of Cyberspace
by: John Perry Barlow
https://m.primal.net/KzSz.webp
Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather.
We have no elected government, nor are we likely to have one, so I address you with no greater authority than that with which liberty itself always speaks. I declare the global social space we are building to be naturally independent of the tyrannies you seek to impose on us. You have no moral right to rule us nor do you possess any methods of enforcement we have true reason to fear.
Governments derive their just powers from the consent of the governed. You have neither solicited nor received ours. We did not invite you. You do not know us, nor do you know our world. Cyberspace does not lie within your borders. Do not think that you can build it, as though it were a public construction project. You cannot. It is an act of nature and it grows itself through our collective actions.
You have not engaged in our great and gathering conversation, nor did you create the wealth of our marketplaces. You do not know our culture, our ethics, or the unwritten codes that already provide our society more order than could be obtained by any of your impositions.
You claim there are problems among us that you need to solve. You use this claim as an excuse to invade our precincts. Many of these problems don't exist. Where there are real conflicts, where there are wrongs, we will identify them and address them by our means. We are forming our own Social Contract. This governance will arise according to the conditions of our world, not yours. Our world is different.
Cyberspace consists of transactions, relationships, and thought itself, arrayed like a standing wave in the web of our communications. Ours is a world that is both everywhere and nowhere, but it is not where bodies live.
We are creating a world that all may enter without privilege or prejudice accorded by race, economic power, military force, or station of birth.
We are creating a world where anyone, anywhere may express his or her beliefs, no matter how singular, without fear of being coerced into silence or conformity.
Your legal concepts of property, expression, identity, movement, and context do not apply to us. They are all based on matter, and there is no matter here.
Our identities have no bodies, so, unlike you, we cannot obtain order by physical coercion. We believe that from ethics, enlightened self-interest, and the commonweal, our governance will emerge. Our identities may be distributed across many of your jurisdictions. The only law that all our constituent cultures would generally recognize is the Golden Rule. We hope we will be able to build our particular solutions on that basis. But we cannot accept the solutions you are attempting to impose.
In the United States, you have today created a law, the Telecommunications Reform Act, which repudiates your own Constitution and insults the dreams of Jefferson, Washington, Mill, Madison, DeToqueville, and Brandeis. These dreams must now be born anew in us.
You are terrified of your own children, since they are natives in a world where you will always be immigrants. Because you fear them, you entrust your bureaucracies with the parental responsibilities you are too cowardly to confront yourselves. In our world, all the sentiments and expressions of humanity, from the debasing to the angelic, are parts of a seamless whole, the global conversation of bits. We cannot separate the air that chokes from the air upon which wings beat.
In China, Germany, France, Russia, Singapore, Italy and the United States, you are trying to ward off the virus of liberty by erecting guard posts at the frontiers of Cyberspace. These may keep out the contagion for a small time, but they will not work in a world that will soon be blanketed in bit-bearing media.
Your increasingly obsolete information industries would perpetuate themselves by proposing laws, in America and elsewhere, that claim to own speech itself throughout the world. These laws would declare ideas to be another industrial product, no more noble than pig iron. In our world, whatever the human mind may create can be reproduced and distributed infinitely at no cost. The global conveyance of thought no longer requires your factories to accomplish.
These increasingly hostile and colonial measures place us in the same position as those previous lovers of freedom and self-determination who had to reject the authorities of distant, uninformed powers. We must declare our virtual selves immune to your sovereignty, even as we continue to consent to your rule over our bodies. We will spread ourselves across the Planet so that no one can arrest our thoughts.
We will create a civilization of the Mind in Cyberspace. May it be more humane and fair than the world your governments have made before.
Davos, Switzerland
February 8, 1996
Effective communication is a superpower.
We are all day traders.
We start every day with 24 hours of capital to allocate, no more and no less.
We get to decide the most effective use of these 24 hours in order to get the highest rate of return.
Make the right trades.
Eliminate counterparty risk.
nostr:note1w0tp2hjst5gxakxgmyjndn0yqwvqe3u6w0wdkn6w9c9cmjvvqxas5sa88x
I like the idea of forming communities through #Nostr.
Imagine an exclusive club in cyberspace. Members could network and discuss common interests, vote for community leaders, charge membership fees that could be used for events or other things for the community.
Nostr allows you to own your digital identity, what if we could have ownership over our personal and professional relationships.
Agreed, but I don't believe anonymity is required for free speech. We need people willing to stand up for what they believe and I am willing to do so. However, also like the idea of having an outlet that is separate from my public/professional image.