Jeff, did you see this message? Really curious if you think this interpretation is correct.
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
AI, Bitcoin, & The Collapse Of The Fiat Economy with nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqs05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sgew2ua
We discuss:
- AI's Impact on the Economy
- The Illusion Of Prosperity
- Deflation & Abundance
- The Return of Free Markets
Watch it here: https://youtu.be/VRA8VIsO-rQ
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 🤣
If adoption picks up it will be hard to get one besides satoshi himself.
I wonder if it can be used by and what it does for ground sleepers
nostr:nprofile1qqs0ulmtcmmn8zmkh0uqmdqz4hn9j5lzpvhj8enw3xpqfd3ucsjnngcpramhxue69uhkummnw3ezuetfde6kuer6wasku7nfvuh8xurpvdjszrthwden5te0dehhxtnvdakqz8mhwden5te0wfjkccte9ehx7er9wf6kumn9wfejumn9w3mk7unt44fd8d
Get your feet wet......
#Bitcoin
Or maybe it works but you don't want to keep updating it?
Or you feel bad taking other peoples time and energy?
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.
Nice way to show the features.
Keep the SATs flowing...
Nice. Still has finger counting issues.
Why not just 12 words in steel with some decoy sats on there to satisfy thieves and a passphrase with the rest behind it?
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....
For those 1 sat transactions, what if only transactions are valid if the value of the transaction is higher then the transaction fee? Maybe gets rid of a lot of crap?
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?......


