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Contributing to the Bitcoin Breakdown newsletter

Saylor mentioned the SEC act of 1933 in the US to make a point and for some reason I was thinking to myself, 'Hey wait a sec he sounds a bit Rothbardian here'.

Then in a few minutes he actually cites his book 'Conceived in Liberty' to further clarify a similar point.

https://youtu.be/3-vBBYEXv6M

Yep, that one along with 'Theory of Capitalism and Socialism' are on my reading list.

It's pretty wild that these 'open-minded' folks are enabling tyrrany while the 'dogmatic' ones are trying to fight it.

I just read an LLM-generated summary of 'Has government any role in money?' by Milton Friedman and Anna Schwartz

I get what Hoppe means when he criticises the use of empiricism in social sciences, especially economics.

In empiricism, you make a proposition, which may or may not be true, so it has to tested and validated through evidence and data. Even then, your proposition isn't necessarily true and is subject to falsification still.

So you're left with a situation where policy makers and governments keep testing their policies on civilians like they're lab rats.

Tyrranical policies like tariffs, financial surveillance and taxation are only bad if there is evidence and data that prove that they are bad.

Even if evidence and data say so, they don't necessarily mean the policies are bad. Somewhere, some variable needs to be tweaked and accounted for, so that the policy can be tried more effectively. The policy itself isn't bad. The lab rats on which they are tested are bad.

And so Friedman, having compared folks from the rationalist Austrian school as dogmatists/cultists in one of his public appearances, having played a role in the establishment of the strictly empiricist Chicago school, starts questioning the role of Government in the monetary market in the paper I mentioned above.

Even then, based on the summary I've been able to obtain, Friedman does not come to the correct conclusion that government has no role at all. He argues for a limited role, claiming that a free market in money is not practical due to what he believes is historical evidence, which validates another criticism that Austrian school folks like Hoppe levies on empiricists that they have a flawed understanding of causal links.

To get a glimpse of the 'other side' - rationalism, and its methodology of arriving at incontestable truths through reflective and deductive reasoning, which the Austrian school is based on, I highly recommend reading the following book in this note I mentioned:

nostr:nevent1qqstyu05txmfk5pyhcc6xz3q2au8vkm7ay9ygr8g50r2ldrql9jrh6spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygp57x42dv2s3hst4vlssmzt6kaa0dg0skv528rwdzkf2h7gxm3u6cpsgqqqqqqsz4a5yg

Bitcoin++ Mempool edition is live:

https://www.youtube.com/live/EKQvDfmQkt8

Agenda:

https://btcpp.dev/conf/atx25#agenda

Streams of other stages are also up on their YouTube channel.

Would be awesome to have that crowd over here

They'd love to know that the free market is organically solving the free speech problem through Nostr.

And that Nostr does so by first enabling property rights (in relays), like Fiatjaf describes here:

https://habla.news/fiatjaf/ded75cbc

Very similar to how Rothbard articulated that property rights are an absolute necessity to enable free speech

That would definitely intrigue Tom Woods and his audience

1. How Bitcoin is getting a lot of people interested in Austrian economics and why it will lead to its resurgence

2. How Rothbard would have definitely been a Bitcoiner

'It seems to me that the weak point in these bypass-the-government digicash schemes is the conversion between paper cash and digital cash. That looks like the choke point where the government can still keep control.'

- Hal Finney

Source:

https://cypherpunks.venona.com/date/1994/03/msg00694.html

'Fundamentally, I believe we will have the kind of society that most people

want. If we want freedom and privacy, we must persuade others that these are worth having. There are no shortcuts. Withdrawing into technology is like pulling the blankets over your head. It feels good for a while, until reality catches up.'

- Hal Finney

Source:

https://cypherpunks.venona.com/date/1994/01/msg00014.html

Also check out nostr:nprofile1qqswacu3amp428kj8wtpqf77yd2upukcn2ft4aycmxm5scmh359e0ssppemhxue69uhkummn9ekx7mp0qyg8wumn8ghj7mn0wd68ytnddakj7qg4waehxw309aex2mrp0yhxgctdw4eju6t09uvt9vcv and nostr:nprofile1qqs83nn04fezvsu89p8xg7axjwye2u67errat3dx2um725fs7qnrqlgzqtdq0

Amber is a signer app on your mobile (like the chrome extension you tried out) where you can store your nsec and login to your mobile nostr clients without entering your nsec into them.

Zapstore is a Nostr-integrated app store from which you can download APK's which are signed and verified by the devs themselves.

While having a conversation about libertarianism in favour of or against, the following passage will be very relevant (Excerpt from Chapter 13 of Rothbard's 'Ethics of Liberty'):

'In the first place, it should be clear that the proportionate principle is a maximum, rather than a mandatory, punishment for the criminal. In the libertarian society, there are, as we have said, only two parties to a dispute or action at law: the victim, or plaintiff, and the alleged criminal, or defendant. It is the plaintiff that presses charges in the courts against the wrongdoer. In a libertarian world, there would be no crimes against an ill-defined “society,” and therefore no such person as a “district attorney” who decides on a charge and then presses those charges against an alleged criminal. The proportionality rule tells us how much punishment a plaintiff may exact from a convicted wrongdoer, and no more; it imposes the maximum limit on punishment that may be inflicted before the punisher himself becomes a criminal aggressor.'

Knots is Luke Dashjr's fork you can run if you'd like heavier filters in addition to the one that core has

https://github.com/bitcoinknots

Libre Relay is Peter Todd's fork if you'd like to avoid the filters that already exist in Bitcoin core

https://github.com/petertodd/bitcoin