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Jose Sammut
24b45900a92fbc4527ccf975bd416988e444c6e4d9f364c5158667f077623fe2
Motorsports, Martial Arts, Self-Improvement // #Malta 🤍♥️ //

Hey #Nostr! 🌐

Remember me? The Bitcoin chef from Malta? 😉 —

https://x.com/marvingauci/status/1509159668878352385

I'm leaving platforms in favour of protocols — but before I sign off there on “X”, here's a verification post:

https://x.com/marvingauci/status/1699811041956249801]

Now, let's make things interesting here! Boost and zap this note, and I'll treat a lucky guest at my latest culinary adventure, “SOLE Seabar by Tarragon” (yes, all my restaurants are proudly #Bitcoin-friendly) to a bottle of wine on me.

Stay tuned for the video proof. Cheers! 🍷

#newbie #grownostr #plebchain #coffeechain #askNostr #zap #zapathon

Wow that looks awesome.. I should get out more 😅

If you're loyal and reliable, I have an incentive.

If you discount or reward me for using a more efficient means of exchange, I have an incentive.

But funzies and education aside, I'm probably not paying Amazon in Bitcoin, (unless I had to choose between spending or selling)

I don't even use Amazon but you get the gist of it.

- Pandemic: Bullish

- War: Bullish

- China ban: Failed

- Rate hikes: Temporary

- Luna crash: Bullish

- Celsius crash: Bullish

- FTX crash: Bullish

- SEC FUD: Temporary

- Spot ETF: Bullish

- #bitcoin Halving: Coming soooon 🔥

The onus is on the seller to incentivize.

So I didn't really care about drive chains. I learnt enough to know it's a bad idea and left it at that.

And then I did a thought experiment. See, I wasn't around during the block size wars. Like... I'm not going to run drive chains on my node, just like I probably would've rejected B Cash back then.

But would I have sold? Dumbed it for more real Bitcoin? If I were airdropped drive chain coin, I'm not sure I'd have the balls to dump unless the price was already collapsing.

Just on the basis of what if.. Am I sawft? 😐

nostr:nevent1qqsvynvk4jl7s0vdxpje46clsg06wzzznyamsdtrutwxje6m0fmvamspzpmhxue69uhkummnw3ezuamfdejsygxmxvmrx7v77luahv5k027ta4jhkmr827z9nu4u90vg6kzz5c8e2spsgqqqqqqsuxrpye

Got my Spotify DJ. Disappointingly basic, but in a good way.

Every industrial revolution has increased jobs and general prosperity.

If your job is replaceable by new technology, your job might change to working WITH the technology, at least at first. Technology usually evolves, and is not immediately autonomous. Early machines in assembly lines could only do basic tasks and needed loads of human intervention. Nowadays they are infinitely more capable. Same will probably be true with AI.

Otherwise/ Eventually you might still end up out of a job. But that does not mean there won't be new opportunities created. For starters, an increase in economic output means more people (business owners) getting more rich. Also, an increase in tech, makes entrapreneuership more viable for more people.

You may not afford to hire a full time worker for your startup idea, but you may be able to afford a Chat GPT subscription. Congrats, now you're a millionaire. How do you want your yatch trimmed out?

So the increased economic output lead to new spending. The new job will be here, accommodating the new spending.

Obviously, this may all go to shit if the central banks decides AI is making shit too cheap and start printing away. Or if governments empose minimum wage laws, prohibiting prospective workers from a job. (Things are cheaper now, so a lower salary is fine.) However, since free market capitalism thought of everyone in past, I'm sure they won't feel the need to do that in the next industrial revolution.. 🧢