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penglunds
4c90355803186305619422ec913623cb5232d1335a33495eff0dea252b987959
Sailor, filmmaker, open protocols.

A year ago, I reached a point of frustration with the prevailing narratives that dominated discussions on the world economy. None of the voices out there, despite containing varying degrees of truth, spoke to me convincingly enough. This led me to embark on a journey to understand the it from first principles.

Today, I briefly share my conclusions!🌎🌱

Hint: May have to do with #SoundMoney and #Bitcoin

If you like it, please feel free to share!🙏🌏 I truly believe the mission ahead is to tell the story of the new world we’re imagining! Nostr and Bitcoin is the way!

#AlwaysNostrFirst #Nostr #Inflation #fiatmoney #fiat #btc #freethought #worldeconomy #article #story #nature #austrianeconomics #money

https://medium.com/@penglunds/this-changes-everything-ten-principles-to-understand-the-world-economy-663dc4439f40

Quick poll: I’m working on an article series. How many of you are familiar with the “impossible trinity” or “trilemma” of international finance? 🏦

Never heard, somewhat familiar or very familiar?

#poll #nostr #asknostr #trilemma #impossibletrinity #theimpossibletrinity #bitcoin #btc

Here’s another panel for my upcoming book! Will accompany one of my chapters about the Cantillon effect under FIAT. 🌎📙

#Inflation #CantillonEffect #TrickleDown #Cantillon #TrickleDownEconomics #Bitcoin #SoundMoney #art #nostr #IntangiblyTrue #Deflation

Working on some comics for my upcoming book. Let’s see if anything sticks. This one’s for the chapter on why inflation is not CPI. 📚🧐

#comics #bitcoin #Inflation #CPI #anime #deflation #soundmoney #consumerpriceindex #nostr #btc #art #artwork

For all those crying, "communism is coercion", "communism is authoritarianism", let me introduce you to Peter Kropotkin. Kropotkin was a zoologist and advocate of decentralized communist societies, a.k.a, anarcho-communism. Here's an LLM-derived short biography.

Peter Kropotkin (1842-1921) was a Russian geographer, zoologist, and one of the most influential anarchist thinkers. He is best known for his advocacy of anarcho-communism, a form of communism that emphasizes the abolition of the state and capitalism in favor of a decentralized, stateless society where resources and goods are communally owned and managed. Kropotkin's vision of society was rooted in mutual aid, voluntary cooperation, and the belief that human beings are naturally inclined towards solidarity and communal living.

Kropotkin argued that centralized state power and capitalism inherently create inequality, oppression, and conflict. Instead, he proposed decentralized communities, where local groups or communes would manage their own affairs, making decisions through direct democracy and consensus. These communities would cooperate with each other in a network, exchanging goods and services based on need rather than profit. By removing the hierarchical structures of state and capital, Kropotkin believed that individuals could freely associate and work together for the common good, fostering a society of equality, freedom, and mutual support.

In summary, Kropotkin's advocacy for decentralized communist societies involves dismantling both the state and capitalist systems, replacing them with self-managed, cooperative communities that operate on principles of mutual aid and shared resources. This vision aims to create a society where individuals have autonomy and equality, and where the social fabric is strengthened through collaboration and collective responsibility.

https://en.m.wikipedia.org/wiki/Peter_Kropotkin

There’s really nothing to argue about - let’s embrace sound money and a genuinely free market and spontaneous orders will give us the answer. We can speculate all we want, but the order that gives the most amount of people the most value is the one that will emerge when money can’t be corrupted. That’s the entire point

Check out my latest article about why both the left and right are wrong & why it doesn’t matter! 📚🌏

We desperately need decentralisation which is why I’m so grateful for #Nostr!

https://medium.com/@penglunds/why-the-left-and-the-right-are-both-wrong-why-it-does-not-matter-531e27b63539

#SoundMoney #Decentralisation #Inflation #Bitcoin #BTC #Satoshi #Politics #Environment

Hey!

No problem – glad you liked it! It’s a good read. Just started on Hidden Repression by Alex Gladstein- pretty much blowing my mind so far. He’s also a Bitcoiner. Which are your favorites in the list you sent? 🌏📙

I tend to think about it like this: yes, it absolutely matters in the short term to those alive today- but it matters little to future generations (unless we change our ways) as the foundational principle of fiat is to borrow from the future until there is no future left

Personally, I believe there are a lot of “infinite leaders” out there - many politician - but they’re facing an uphill battle that only grows against them due to our skewed incentive structures that rewards the opposite of what those leaders stand for. As a result, I think many of them feel like they’re beginning to lack ideas of what to do about it. I think many of these infinite leaders however would embrace sound money principles and Bitcoin if they only read up on it. This is why I find it incredibly important to vote, and when I do, I do it for the leaders with the infinite mindset - even though I may not fully agree with their policies. I do so because I think they will be the most susceptible to the better idea - which is sound money - once they inevitably understand the principles. ✊🌱

Any recommendations for books that explores what a future on BTC standard would look like? Looking for something visionary and explorative as opposed to technical. 📚

Have anyone read “Bitcoin is Venice”?

#Bitcoin #BTC #Books #Reading #Asknostr #BitcoinisVenice #BitcoinFuture

I will be sharing thoughts, excerpts & related content on Medium ahead of my upcoming book release about why Finite Money is Key to an Infinite Future! 🌎🌍🌏🌱

I will push for Nostr in this process!✊

Here's the first read: “Centralisation VS Decentralisation: Crafting a Coherent Understanding”

https://medium.com/@penglunds/centralisation-vs-decentralisation-forming-a-coherent-understanding-976d269ae491

#Nostr #Bitcoin #Grownostr #Growstr #Article #Inflation #SoundMoney #Decentralization #Decentralisation #Medium

Got it! So, at that point, an employer would likely either run their own node or collaborate with another company that does, enabling them to pay a newcomer to the job market using a custodial Lightning wallet.

If the employee wanted to move their salary, they could freely transfer funds to other custodial Layer 2 wallets. However, they wouldn’t be able to take self-custody without settling on Layer 1?

Additionally, a group of individuals who don’t trust any custodial options could theoretically crowdfund a Layer 1 fee and open their own Lightning node. Is that correct?

iOS users—which are your favorite clients w #Nostr? 📲

#iOS #asknostr #grownostr #growstr #iPhone