We don’t need *tokenization* of financial assets.
This is BS from the finance industry in an attempt to keep themselves *in the middle* in the face of Bitcoin.
We are way, way over-financialized. The productive humans would survive - and likely thrive - on a bitcoin standard with the bare minimum financialization
There is no *vig* in your local poker game
F* the middlemen
Never understood the concept of insider trading.
It’s all insider trading - just different degrees along a continuum.
Where is the line?
All investing/trading is basically asymmetric information or *insider* information.
Bitcoin levels the playing field.
If the full thesis plays out one can just work, provide value, save in bitcoin and ignore the entire system focused on “getting info before the next guy”
This is a better path for humans.
The suits and *suit-adjacent bros* will continue to try to convince us they are critical to success of Bitcoin. This is BS.
Time will tell.
🍿
Anthony was great.
More Mooch, less Novogratz would have been better. Novo kind-of crashed in.
Relentless stacking.
LFG
Another 25-30k Tx to chew up, then 5/vbyte is in range
Update: 1500-1700 range for weeks/months
Work. Provide value. Save in bitcoin. Stay humble.
💯 in particular show some kindness to all the 80+ year olds out there.
One day you will be there: struggling, lonely, afraid.
They shouldn’t be running our county, but most don’t deserve to be hated/denegrated
Long weekend predictions:
✅great grandpa Joe will be out of the race
✅mempools will almost clear (at least my 5sat/vByte will)
✅we continue to float/crawl sideways at MTime of 1500-1600
Responsively resistant fee market doing its thing
Draining resources from degens/scammers/spammers
Looks like my 5 sat/vbyte Tx might confirm soon
Paraphrasing Pierre:
🔥
Permissionless nature of mining is more important than the absolute size of the resources consumed in the mining process.
When “attacked” the system responds with an increasingly lucrative fee market that incentives others to mine without having to ask anyone.
Responsively Resistant. Tough only when you need to be. Kind of like the toughest kid in the school yard. Doesn’t have to fight all the time. Everyone knows the cost.
Leads to situation where humans *can’t* sustain attacks: too costly.
💯
This is why we shouldn’t shy away from defending bitcoin as money. It is more than speach. That’s why everyone cares.
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Not sure generational wealth is the right goal.
Single generation security - with your work saved in a sound money, followed by time and energy raising your kids to be productive and independent.
This feels more doable and ultimately more sustainable. Each generation *spends* all of their wealth and just passes on good habits, wisdom, and love.
Money is:
Your time +
Your intelligence / talent / skill +
Your hard work
Everything else is downstream of this
Freedom Tech matters.
But what really matters is that there is a sound money alternative to the current system. This is what they will fight.
Bitcoin is money. That’s why people care about it and that’s why they’re going to fight it.
Separating money from the state is the movement.
nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h
nostr:npub1aeh2zw4elewy5682lxc6xnlqzjnxksq303gwu2npfaxd49vmde6qcq4nwx
nostr:npub1dnzzyhmewrzkh862z7z2shwmhh5htx0rvkagepj2fkgst9ptwg3qj4x52h
Could MSM be starting to wake up?
