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Ahab
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Replying to Avatar nat brunell

My full interview with the one and only nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnskjd6ew.

TIMESTAMPS:

00:00 Broken money breaks everything

1:50 Anger at capitalism

5:31 Ad Break 1: Gemini Bitcoin Credit Card | Bitcoin is For Everyone | Ledn Bitcoin-backed Loans | Abundant Mines

7:11 Capitalism never existed

10:52 No monopolies in a true free market

17:39 Choice, agency, responsibility

20:49 Bitcoin as the first true free market

23:55 Falling prices, rising quality

28:26 Ad Break 2: Speed Wallet | Bitkey | The Bitcoin Way | BitcoinIRA

30:09 Markets self-regulating

36:45 The illusion of political solutions

42:56 Gold, history, false lessons

47:38 Bitcoin decentralizes wealth

54:40 A hopeful path forward

https://blossom.primal.net/82dba8f9ad6ffbb447a0c2a87ef479e8a1188efe986c23fce87f22cf56d57859.mp4

Really fascinating conversation. I agree completely that we’ve never seen a true global free market until BTC.

To be a little cynical, and Natalie poked at this a little in asking if we could overcome our nature to participate in a free market, do you two think that on average, we’re too stupid as a species to exercise agency in a way that makes a free market work? The conversation tended to bend toward greed, but I’m curious about how ignorance plays into this.

“The future is already here - it’s just not evenly distributed.”

Also, commenting on “how many people have 10M sats” self custody. Ignoring hodlers outside USA, Yahoo finance estimates 22% of Americans have more than $5k in savings. If we think 10% of them hold 100% of their savings in BTC, it’s 7.6M people. This estimate seems high.

Love that you posted it here!