A buck is down and thanks is given for the freezer refilling!

450 Marlin

Just a rimless 45/70 but regardless if it’s from the lever, falling block, or revolver it puts the quickest grin on my face. Still need to find a nice BA.

Berdan primed 122gr FMJs are $0.65 CAD in my neck of the woods. It’s only going up.

#freedom #XMR #CBDC

Prediction shitpoast:

There is going to be some sort of global CBDC controlled by something UNish (IMF eSDR?) probably American dominated and potentially with a competing BRICS CBDC. I doubt individual national CBDCs will last long before grouping together. It will be 100% centralized. This will be what the sheep use.

The free people will probably be using Monero, at that point, as non-governmental money. Maybe some other tech will snag the spot but it is looking increasingly unlikely given the prevalence and take over of Monero in current grey and black markets. That will be the crypto successor because it is the only option that can counter the other unless you honestly believe at this point a global push won’t be made for unified CBDC control.

#freedom #NGM #XMR #Satoshi

Are you thinking in terms of crypto completely wrong?

Crypto is non-government money. That’s the job. Peer to peer digital wealth transfer. Can and will it do other stuff including make someone rich? Sure, as long as enough people actually use crypto as a digital currency outside the control of governments and corporations who respond to government regulation and pressures.

Stop chasing investments. Go work for some wealth.

Then when you have some, transfer it to other people using non-governmental money in exchange for something you want.

Posting an ad on Facebook marketplace, on NOSTR connecting with your skills, or in the newspaper classifieds? Chatting with friends of friends about some stuff you want to sell that your kids don’t use anymore? Ask if they accept XMR and use the opening to explain why if they ask. Then get on with life.

Prioritize that FIRST and then watch the dreams unfold afterwards. Stop trying to win the race backwards.

But the options! The potential! The opportunities!

But agreed the costs add up quickly and relentlessly.

#freedom #XMR #Satoshi

In order to survive outside of tyranny, you have to have a trusted monetary system that is non-governmental, right?

Humans moved away from barter early and easily due to some of the inherent complexities. Many things have been used as currency since then, from seashells to precious metals to government issued fiat (our current majority currency solution). Good currency needs to have or balance four elements: security, scarcity, fungibility and transportability.

Modern digital fiat is very transportable compared to any past system. My belief is any replacement will have to maintain or exceed that level. However fiat completely fails the other three criteria. It’s security depends on the government backing it, if the government changes, fails or (hopefully) is abolished the currency isn’t secure any longer. Inflation is the inverse of scarcity, I’m sure I don’t need to tell you about the money printer going brrrrr. Fiat isn’t fungible either. Ask people who donated to the Canadian freedom convoy. The government can and will decide which dollars can or can’t be spent at a whim. Even cash has its serial numbers to ensure specific bills can be tracked.

Gold on the other hand is everything except transportable! It has great properties for secure-ability, it has to be mined in order to increase the supply, and it can literally be taken apart and reconstituted with no change of value. If only it was trivial to send to another person far away with sacrificing most properties of security.

Decentralized CPU power of work cryptographic currency is (my opinion) the best attempt conceived yet for money that meets the required principles of sound money. It takes the transportability of modern digital fiat and then reasonably compromises on many of the aspects that make gold wonderful.

The scarcity is literally hard coded transparently into the system. So that can mean perfect control on inflation in a way that not even gold can achieve.

The security is provided by making sure the broadest range of people can participate in securing the network by chasing rewards and thereby harnessing greed and competition to ensure the best way to profit is to keep the network secure. Power of work (PoW). It is the problem that Satoshi provided the brilliant solution to. As long as ASICs are kept at bay by aggressively removing their profitability PoW is a spectacular replacement for the security corrupt governments otherwise supply.

The fungibility requires a blockchain that isn’t transparent. As long as block chain analysis is defeated on the first level by the technology of the project all digital cryptographic currency is exactly the same as any other. As long as ‘history’ can not be accrued they are perfectly fungible.

So hopefully that helps give you a few ideas about currency and money outside of that provided by the ‘masters’ who can devalue and even control your access to fiat currencies. The technology (thanks to Satoshi) is now available to achieve something that 100 years ago wasn’t even conceivable.

I love BTC however:

Money has to be:

• ⁠scarce

• ⁠secure

• ⁠fungible

• ⁠portable

In equal measures. Trade offs in any one need to be balanced against gains in the others (notice value in fiat isn’t on the list lol).

Gold and silver are perfectly fungible. Usefully scarce. Reasonably secure, but fails portability in a major way. Anything beyond face-to-face transactions for small amounts breaks security to make that exchange work (portability).

It is way better than fiat obviously which is as portable as we can imagine something being in the digital age but the scarcity, security and fungibility of fiat are all broken and entirely dependant on the whims of corrupt states.

BTC as the crypto break-out technology was an attempt to do better than gold and silver by building something with some of their great qualities but maintaining the portability of modern fiat. It mostly worked.

Code gives us utter control over scarcity. ‘How much’ can be controlled literally in the source code without issue. It is secured by the same mechanism as the entire project: decentralization.

Greed and competing interests are immutable, reliable, and powerful. Decentralized power of work (PoW) captures those forces of human nature into a beautiful sustaining and healthy ecosystem much like how free markets can spontaneously react to freely pursue good things and leave bad behind as people seek value and positive outcomes. It works perfectly to secure BTCs scarcity.

However the technological leap to ASICs was a strong centralizing force applied to decentralized PoW. Inherently bad. The ability for ASICs to exist could and should have been instantly patched out of BTC (the way Monero addressed it) but instead mining conglomerates (the ones profiting from ASICs) followed profit and stopped that code from changing. They in fact built and codified a community and societal pressure resistant to ANY change - the perfect way to secure their profits and make bank short term. And short term it will be, because Satoshi’s security design depended on minimal hashrate comparative to the flow of fees. A reasonable assumption to make in a world without ASICs which didn’t exist when they were designing Bitcoin and the lower hash of CPUs. The idea being that the block reward could eventually be lowered to the point of being fees only while maintaining a secure decentralized PoW network. ASICs broke that.

Additionally we have discovered in a post-Satoshi world that transparent blockchain like serial numbers on government paper bills is bad for fungibility (no shit). Governments and other bad actors love it but go back to the base principles: sound money requires fungibility. Gold and silver taught us that. The history of each Bitcoin is being written and that history IS impacting value. BTC is NOT fungible.

So we are faced with BTC breaking fungibility and with security concerns. The security concerns at the VERY least could have been easily and quickly fixed by a willing community. We know how to fix them or at least better solutions than BTC has implemented awaiting the next Satoshi to be born and build a perfect one. Instead we have a ‘no change’ society willing to ride something cool into the ground.

Personally I favour Monero. XMR is updating and challenging itself constantly. It is staying on top of the tech and staying true to the vision and the principles of sound money. At least until something unimaginable happens again (like BTC) it is the best thing I see for the money of today and the money free from government.