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Dr. Bitcoin, MD
4f4f82846698ff66ae5fa9fad4c0c4eb7823afb07fa9f54ea9d15f1217ae96cc
Bitcoin OG since 2010, former laptop solo miner, blockstream satellite node runner, #2A rights user, radiologist

Damus doesn’t always show context…I presume this is in reply to something else but it reads like a fortune cookie 🥠 :)

Nice. I’m on call this weekend and have to be 4 hrs away Monday AM for a week stint at a hospital in need…ugh…but then I have 7 days off in a row :)

I don’t have a life and I generally don’t stop talking about Bitcoin…since July 2010 baby!

Replying to Avatar Bohemia

Good. Because I’m still alive and that would mean we live on different planets and that wouldn’t be cool.

Shop around. In USA, the farther you get from population centers, the more expensive health care is…at least when it comes to high level medical care. Equipment used frequently in competitive markets tends to be far far cheaper than less used equipment in the middle of nowhere.

All that said, the larger the fraction of society that can custody their own bitcoin (and transact affordably), the harder it will be to avoid conflict between bitcoin and the conventional financial system.

The pre-fiat banking system was full of fraud and undisclosed risks too…certainly going back to that isn’t kosher.

I don’t think we can ever go back to a non-fiat system. Psychopaths won’t allow it.

I view the long arc of history as one of progressing from murdering rivals en masse to conventional slavery to fake money slavery. The whole story is one of preservation of ever less oppressive slavery.

Plus, you never pay taxes on appreciated assets if you cash out via loans using the asset as collateral. Rich people won’t let that go.

It’s not clear to me that raising interest rates actually decreases inflation…think about it. High rates causes people to deposit money to get paid more money to spend later. Sure they spend less at the moment, but eventually all the interest enters circulation and, in the end, all we have is more money chasing goods and services.

Yup. Kills fewer per century…the war profiteering of the USA has killed millions. But this pales to the roughly 100 million people communist/socialist countries killed in the 1900’s.

Capitalism and communism are both ideals…they don’t really exist. Capitalism is corrupted by those that break the rules of the game and the same is true for communism. It turns out rule breakers are easier to find and punish in capitalism than in communism…but that doesn’t mean any system is ever “good.” All we can do is get “better.”

Coldcard isn’t so hard to use once you understand the threats against which the device protects you…including evil maid attacks.

Maybe we should handle national defense like we do school defense: put up “No Missiles” signs at the border.

The only real risk with Bitcoin is that you _might_ be able to buy it at a discount in the near future.

Because they are unusual, it is lawful for the government to ban them. This is true of all dangerous and unusual weapons.

But the government has been explicitly forbade the ability to ban dangerous weapons that are commonly used for lawful purposes.