Avatar
Miron Henden ⚡️
52d7cf90291186fe4242c20f53feb1e84187edfab925c2e30e802cb04a10149f
A few sats a day keeps the tyrant away.

Let me know when it’s fixed. There’s a zap for you. :)) Tried just now, did not work.

Got this from BitcoinTeddy, powerful:

Just love how he says: “sly roundabout way” and Bitcoin becomes just that for our money which we take back, not with force, from the government.

The way they give us the silent theft which is called inflation, Bitcoin became the sly roundabout way for our freedom.

Bitcoin is the “sly roundabout way” we get sound money.

nostr:note1ffnnkmc6s49vnq25d8xejqmrrpaqcspukt0tf87dqf03j4ea9xuqr6kchm

So Atlas Shrugged by Ayn Rand, true story. Ask any family that survived communism.

nostr:note18m7ujxvg5jtgxn59ky87uw3lf8jhkgc2mw6lf0rnexjtqxj46psq0custf

You should ask eastern europeans. Same thing, exactly the same thing. After they took everything the people got shoved for more then a decade in concentration and forced labor camps for more then a decade. With trial, reason: they were educated. 🤣. When the communists realized that they had no specialized work force anymore they let those who survived out and forced them to work again.

Read Ayn Rand. True story.

Exactly what I wanted to say.

Also: Deuteronomy 25:13-16

13 “You nshall not have in your bag two kinds of weights, a large and a small.

14 You shall not have in your house two kinds of measures, a large and a small.

15 A full and fair weight you shall have, a full and fair measure you shall have, othat your days may be long in the land that the Lord your God is giving you.

16 For pall who do such things, all who act dishonestly, are an abomination to the Lord your God.”

Fractional reserve lending does not work with #Bitcoin. Today when a bank issues a loan it creates the money as it can lend out more then they have in reserve. Can’t do that with #BTC. I guess you could lend out Bitcoin with interest and then at the end of the load get the principal and the interest as profit. But banks would rather show BTC as reserves and not just the fiat they have.

At the moment I see a hybrid system possible, BTC and fiat, inside the banking system. What do you think?

Can’t stop thinking how right she was especially of the problems there are now in Europe. Competitiveness down the drain and no real innovation. Pray for EU to have less regulation

GM. Hope you are getting a great breakfast

EU suffers from legislating. The institutions are so buffed with bureaucrats that need to justify their existence that they will legislate anything out of existence. Even the EU competitiveness, see the Draghi Report. So this does not surprise me, control and control until nobody will do anything.