“Thus says the Lord: “Let not the wise man glory in his wisdom, Let not the mighty man glory in his might, Nor let the rich man glory in his riches; But let him who glories glory in this, That he understands and knows Me, That I am the Lord, exercising lovingkindness, judgment, and righteousness in the earth. For in these I delight,” says the Lord.”
Jeremiah 9:23-24 NKJV
This “artificial scarcity” of Bitcoin the latest Economic Report of the President speaks of is rather uninformed. If it is indeed artificial please inflate it artificially.
#bitcoin
real risk vs perceived risk
Contagion begins when perceived risk becomes the real risk.
Many will get trampled being in wrong place at wrong time.
Because Fear.
it’s seemingly everywhere, touches everyone and involves everything yet nobody is aware of it happening.
Bitcoin is just a tool that happens to be the best money ledger created to date. All other systems thus far create various levels of disparity.
Jesus is God, the perfect standard by which all humanity is measured. We all fall short of the glory of God (Romans 3:23). Jesus, through His death and resurrection, reconciles sinners back to God - unity - for those who believe.
Early nostr client ux felt like messy pirated copy of twitter on a floppy disk.
#[2] is fixing this and the nascent architecture of nostr makes it feel like anything is possible.
final settlement is a powerful tool in the hands of the people
Fellow Singaporeans agree
I’ve been reading Gordon Wood’s “The Idea of America” https://www.amazon.com/Idea-America-Reflections-United-States/dp/0143121243. One of the central theses is that America was one of the freest places on earth when we decided to revolt against the King. There was no specific crime that the King had committed. The revolt was existential, in essence. The gripes were philosophical. America had been started by settlers who left the UK because of grievances related to their ability to worship. They established colonies at the threat of death, braved winters, attacks from Indians, and more. Their goal was to be far away from the crown so they could do as they pleased. When the King began to impose rules and laws, this ran afoul of the established identity of the settlers here.
The text strikes me lately as I consider the future with Bitcoin. America, today, is regarded as one of the freest places on earth. Even still, many of us believe that the rules and laws imposed by the government, the allowance of civil asset forfeiture, the state’s control of money and our trade habits, and the state’s willingness to turn its power on its citizens run afoul of our beliefs in what freedom means. I think that freedom needs bumpers. But those bumpers are poorly imposed by men who are voted into power by those whom can be paid for their vote.
Unlike the American revolution, the Bitcoin revolution is a bloodless, slow coup. And, it strikes me that Bitcoin can only be developed and understood by Americans with an understanding of frhabits I’ve come to believe that non-Americans can never understand what freedom actually means. We can not move so fast that the world changes tomorrow. But we can not move so slowly that Bitcoin dies.
I look forward to the journey with all of you.
Indeed, bitcoin is a uniquely accessible tool that can be used by anyone to actively resist financial tyranny
October 27, 2022 may be remembered as the day of the most poorly timed acquisition in recent history.
While life has many worries, preserving family wealth should not be a source of trouble or uncertainty.