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Can you tell me if this is the correct way to look at it:

- government is not efficient

- if we can build without government interference (free market)

- eventually it will lead to abundance

- people in this new system will share the abundance since there is enough anyway (will never happen in current system)

- in the shift to the new system people without bitcoin, AI/robotics and/or added value will be fucked until the shift is complete

Jeff did not seem to answer your question on the consequences for people losing their job to AI.

He circles around it that if everything gets cheaper you need less or nothing.

That maybe true if you have enough bitcoin already but there are only few who do.

And if the few control the AI/robots and your labor does not earn you bitcoin anymore you watch the prices go down in bitcoin terms for others but you are still screwed if output does not get shared.

Plz let me know what I am missing....

You probably already do and are holding a tiny bit in your hands right now.

I asked if I had to declare BTC entering El Salvador and they said they only cared about cash like dollars and I was welcome to carry 1 billion in Bitcoin over the border.

Just wished I had it 🤣

I wonder if it can be used by and what it does for ground sleepers

nostr:nprofile1qqs0ulmtcmmn8zmkh0uqmdqz4hn9j5lzpvhj8enw3xpqfd3ucsjnngcpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjszrthwden5te0dehhxtnvdakqz8mhwden5te0wfjkccte9ehx7er9wf6kumn9wfejumn9w3mk7unt44fd8d

Faster than fiat, harder than gold,

A digital asset; liquid, easy to hold.

Despised by weak hearts, embraced by the bold,

In front of our eyes the future unfolds.

Continuously improving, at just a few years old,

A story of beauty, for generations be told.

When do we as Maxi's start to understand that we are to blame for this?

Calling crap on shitcoins for years..... they will never stop. Instead they come to Bitcoin.

If the only thing shitcoins do is keep crap away from Bitcoin thats a solid use case for the stupid.

Unfortunately we seemed to have missed that use case..... and now we get the crap.

And seeing how much money people wasted on shit they must be making a lot on this crap so I suppose the creators/minters wallets get filled, not emptied....

TLDR: authorities make a big fuss over anonymous hosting.

Wrong.

Why do you think those 1 million coins that satoshi mined have not been moved yet?......

Replying to Avatar Lyn Alden

Although it was predictable ahead of time that so many Palestinian civilians including children would die as a result of Israel’s response to the attack on Israel by Hamas, as the numbers continue to add up it is increasingly hard to watch.

Half of Gaza’s population is under the age of 18. There is not much more sad in this world than children, cut off from electricity and communication, violently dying from air strikes in darkness.

And sadly this happens in other places of the world too.

For much of human history, people were only aware of their own local area. Now we have awareness of large swaths of the world, and so we can keep track of tragedies in real time. We then desensitize ourselves out of necessity. Like, the sheer amount of negative information and unsolvable problems hit us through media, and in order to productively do something to add value to someone else, there is little choice other than compartmentalization it. An electrician can’t be caught up in the troubles of the world as he goes out each day and fixes things and building things, for example. In order to add order to his small part of the world, he can’t be fully caught up with its global chaos.

And then, I see these crazy protestors tearing down flyers about kidnapped Israelis, as though that activity could possibly be the best use of their time. People have a strong tendency to want to be part of something bigger and longer lasting than themselves, whether it is their religion, their community, their ideology, or their work. But some people chose such fruitless ways of doing it. Yes, you can and should advocate for not bombing children. No, you shouldn’t try to erase what happened to murdered or captured Israelis either. It is not rocket science.

The world is an increasingly polarized place, and my biggest concern is for those polarizations to be used to take rights away in a more broader context, or to wage war between larger opponents. Politicians will propagandize any small share of “crypto funding” to bad groups to justify more restrictions on those technologies and privacy in general. As countries go through sovereign debt crises, having some sort of enemy to point to helps their narrative for capital controls and keeping their citizens in currency and bonds as they are inflated away. I’ve studied the 1940s financial environment too much to be unaware of this.

Always look through to the bigger story, and ideally with a perspective of empathy toward many sides of any complex issue. Strive to be able to articulate your opponent’s view as well as they can, so that your counter argument can be most effective and surgical in its nature. And then, when there is nothing you can do about something globally, try instead to bring order and reason and improvement and kindness to whatever small portion of the world that you can.

It's Israël making sure the next generation will be even more angry at them once they are grown up....