Is that a 5 digit phone number written in pen?

That was the OG, some may not remember that far back though

Make city states great again

Farming, construction and even a kindergarten. I may as well write a long-form article on what I've been up to for the past few years. Why not?

nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhhyetvv9uju6mpd4czuumfw3jsz9nhwden5te0wfjkccte9ec8y6tdv9kzumn9wsq3yamnwvaz7tmsw4e8qmr9wpskwtn9wvql3tqm maybe you can have some thoughts about MSTR. It's basically closed end fund same as GBTC was before converting to ETF. Saylor promised not to sell any bitcoin. That means there is nothing supporting MSTR market price and it's perfectly possible to go way bellow NAV similar to GBTC. Any thoughts of the risks of holding MSTR? 👀

Everyone has bugbears about #Bitcoin and #Bitcoiners.

Mine is the lack of elite theory that Bitcoiners have studied and/or discuss. Seems to be too far out there for Ancap-types who acknowledge natural hierarchies but then shy away from the reality of it.

Many seem to think we’ll have hyperbitcoinisation entirely without impetus - ie fiat money printing will do all the heavy lifting and we’ll just end up in this idyllic world where government is restrained because everyone has seen the light and adopted Bitcoin and they can’t print more. I assign a roughly 0.00001% chance to that outcome.

The heaviest weighted category in my view (with diverging paths at a certain point) is Bitcoin has a massive run and creates a new financial elite which could become a new social counter elite. This happens *well before* government is occupied by non-parasites who will be on a warpath for a wealthy but highly disorganised class of people who have the means to destroy them but lack the coordination.

That will be the time to plant Bitcoin’s flag for a new system. Not when status quo institutions have spilled our blood and were forced into joining and then co-opting our economic system - that’s FAR too late.

That flag won’t be planted unless we give serious thought and mindshare to how such a system could work and what tradeoffs we’d all be willing to accept for the least bad system because rest assured, normies will stick with the parasites if the parasites are the only ones articulating a vision, even if their vision sucks.

I’m here to embrace the new counter elite, and to work with likeminded Bitcoiners on ways to uproot the establishment and replace them *permanently* with fewer shitcunts.

NGU for me only matters insofar as it allows tables to be flipped.

I don’t want a lambo, I want a dynasty.

I don’t want fiat justice to prevail, I want the natural justice of parasite head’s on pikes for what they’ve done to the people.

I want new fables written about the evils of usury and new myths to take root in civilisation about what is good and righteous that cross religions and cultures.

I want #Bitcoin and #Bitcoiners to succeed to their fullest, by replacing the parasitic system rather than just usurping it.

That’s what I’m here for - how about you? nostr:note14hd2z48knluwy5t77ff6zkkf6fw4zrk3h06g4v2ttgakk67hqrusuv56eg

In Frankfurt for four days, speaking at Proof of Work Summit about my research into potential shady mining pool activity.

Next weekend I'll be in Antwerp to speak at Future of Bitcoin with a spicy controversial consensus topic!

I can't imagine being in my 40s and still not being a dad. It's the best thing ever.

I'd probably be a hopeless nihilist. Fuck that shit.

had a sort of funny interaction today while out walking the dogs. i was distracted and walking on “the wrong side” of the sidewalk near the lake in austin. a lady on a bike just … came at me until she stopped and we were face to face. she says “you’re on the wrong side”, clearly upset im not following the unspoken rule of rights of way

i just ignored her and walked around. the next biker we encountered did the normal thing and just routed around me.

i was probably in the wrong but im not sure it mattered. do you get where you’re going or do you confront the obstacles in your path 🤣

Meh, I still think a radical 3% is better than 51% of moderates.

There is no cure to cancer. That’s the whole point. So you do what you can to avoid creating an environment for cancer. And if you get it, then your options are limited. Rare to heal. Often have to cut it out.

Also - magic/mysticism/narrative are more useful than economics because we’re human. That’s why the left has won so much. They understood that, and they shaped culture.

We fell asleep at the wheel thinking those things don’t matter. But they do. So we need to produce our own narratives. Stronger / better / more vital ones

What sparks your joy?

When platforms start to fall, protocols will remain. you can’t arrest email, http, or nostr.

X, telegram, rumble, *can’t* have free speech in a world where governments can compel to censor by threat of imprisonment.

The world may realize they need nostr sooner than they thought.

Is anyone here? 😛

THE BLUE CHECK ROUTINE

1) WAKE UP

2) ROLL OVER

3) OPEN X

4) FIND OUT WHAT THEY ARE SUPPOSED TO ARGUE ABOUT TODAY

5) SEND POST

nostr:note1mu9ztp46eadvhlmfvg22tjrcjx4dezjyhj2lzhfy8rg48xerulsq00rvye

Having kids is dope. Don’t care what anybody says. Life takes on another meaning.

The complicated aspect about the Social Security system in the United States is that it was falsely marketed.

It's called an "entitlement" because people pay into it and are supposed to get it back like a pension, regardless of whether they are rich or poor when they retire. And so the Baby Boomer generation views any cuts to their social security as a rugpull, basically. It's not insurance or charity; it's an entitlement.

However, although it was marketed as like an entitlement/pension, that's not how the math worked out in practice. And it's because population growth is slowing. It was based on ponzi math, assuming that every generation will be bigger than the one that came before it. But the Baby Boomer generation was huge.

In addition, when Social Security was created, the retirement age was set near the average life expectancy. Many people would not live long enough to collect it, and most would collect it for a handful of years. Only a small minority of outliers would work for like 40 years and then live off social security for like 20+ years. But then over the decades, life expectancy increased by like 15 years, so the default assumption is indeed that someone can work for 40 years and then have 20+ years of retirement, even though the amount they pay into it doesn't really mathematically cover that. It's not designed for that en masse.

And so Baby Boomers had like a 3.5 worker-to-retiree ratio to support in their peak earnings years, while Millennials will have more like a 2.5 worker-to-retiree ratio or less to deal with. Which means they get a worse deal. Many Millennials don't even think they'll get it at all, despite paying into it.

That breaks up the social contract and sets up inter-generational political conflict. "Fourth Turning" stuff.

It's a big reason why "defined benefit" plans are inherently unstable; they rely on being able to predict the future.

And it's also a big reason why, when speaking about deficits, nothing stops this train.