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Contributing to the Bitcoin Breakdown newsletter

It's the start of a new financial year where I live.

I am not a fan of calling it the fool's day and starting off a new year by lying.

Is it true that having kids completely changes your outlook on life?

I still have time before I can start thinking about things like that but I've heard this said by different people and I've seen how people have changed positively after becoming parents.

I continue to learn and be proven wrong about a lot of things.

Just untill a couple of months ago, I had a very statist and collectivist outlook towards approaching politics and Government without even realising it. And then a dose of Beautyon's rebuttals and Milei's speeches pushed me towards exploring libertarianism and political history with more depth.

It has drastically improved my approach towards political thought.

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I fully empathise with Satoshi's remarks about the difficulty in coming up with a description for Bitcoin.

I've had my fair share of terrible takes on it , but the more humility I inculcated into my analysis of Bitcoin, the better my understanding of it became.

While considering it as a store of value, I had to put on the hat of a student of finance and consider Bitcoin vis-a-vis Gold, Silver, Stocks, Bonds, Real estate etc and understand its properties in relation to them.

If I wanted to look at it as a currency, I had to become a student of monetary history and and consider Bitcoin vis-a-vis the Dollar, Rupee, Euro, Yen and other historic currencies like monetary metals, rai stones, beads.

As a payments network, I had to understand Fedwire, Swift, UPI, NEFT, RTGS, Paypal, Visa, Mastercard, etc. and how Bitcoin can be compared to each of them. It's important that one understands Lightning in this context.

To understand how it's governed, I had to go back to my uni days as a computer science student and look at protocols like TCP/IP, SMTP, HTTP and programming languages like Python, C, C++ to understand how they are maintained and upgraded.

There are many more interpretations of Bitcoin:

•Conservatives consider it as a tool to force fiscal discipline on Government.

•Libertarians and Austrian economists consider it as a path towards reducing Government intervention into the economy and society.

•Cypherpunks consider it as a tool to ensure financial privacy.

•Pacifists believe it can end wars because it keeps Government finances in check.

It will take many more years of research and reading for me to grasp Bitcoin, leave alone writing thoughtfully about it. The call to adventure is strong with this one.

Public book marks to have a profile section where I can display all the long-form articles I've written previously and private bookmarks for useful, thoughtful content to go back to later.

I've wanted something with portable social graphs for a long time. Having this is extremely powerful and creates a free market for clients with all of them sharing the same serve-side infrastructure. Users and onboarding flow are the main bottlenecks.

If setting up relays becomes a lot easier, this could disrupt the $450 billion cloud computing industry.

Nobody is bullish enough on Nostr.

We need to stop obsessing about having a 'global state'. It's a very 'Ethereum mindset'. Global state is not necessary for Nostr to work. Not everyone needs to see everything all the time.

The right side could have ecash, nostr and lightning