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Reid Walley
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Graphic designer. Bitcoin tees: https://bitcoinoutlaw.com/ (Pay with ⚡️Lightning) Twitter: bitcoin_outlaw Twitter: reidwalley (permanently banned for speaking freely) Matrix: @reidwalley:matrix.org

I queried the Googles:

Q: Did Shakespeare use #bitcoin?

A: Shakespeare did not use Bitcoin. In fact, Bitcoin did not exist until more than 400 years after Shakespeare’s time. Shakespeare lived from 1564 to 1616, and Bitcoin was created in 2009.

Clearly a misinterpretation of the facts.

#Bitcoin is a seedling.

A pessimist sees a seedling and compares it to a tree.

Saying the seedling doesn’t stand a chance and ridicules its future.

An optimist sees a seedling and compares it to a tree.

Saying the seedling stands a chance and participates in its future.

STAY AWAY FROM PESSIMISTS

Thanks 💚 And having been trained as a grand opera singer, she still sings quite well.

Momma’s 84 and has mild dementia. And I work to make sure she has something beautiful to look at inside the house.

A little interior decorating with window curtains and a Sequoia redwoods trees shower curtain for her to enjoy.

#Bitcoin t-shirt WIP: Bitcoin Blockchain Trilemma

WIP #Bitcoin t-shirt: 3.125 Block 840000

#BitcoinHalving

"Then 2008 happened. They bailed out those banks and I was pissed off! I said, 'They're going to debase the money.' It started off as just a TARP, then it went to QE1 and QE2 and...with zero percent interest.

"The Fed balance sheet was 800 billion and it went to 1.5 trillion. I freaked out!

"These savings I got, they're going to get debased. I'm not going to have a good retirement if they get debased!

"So I got radicalized for sound money. What drove Satoshi to write the #Bitcoin White paper was also what drove me to pivot my business."

- Lawrence Lepard

https://youtu.be/MXj12OR2f9o?si=mW1spB1f6OSMa7vP

Gold: inflationary, but only a wee bit each year. Like, 1-2%.

U.S. dollar: holy fuck, like a shit-ton pumped into the economy during COVID. Like, goddamn 😂 And now we got trillion-dollar spend bills. SMH

#Bitcoin: muthafuckin’ deflationary. And, a wee bit more deflationary every 4 years.

First time compiling all of what I’ve learned from various Bitcoin peeps over the years. h/t nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe for the proper view on technology.

Technology increases productivity, which reduces the cost of products and services to their marginal cost of production.

Fiat inflation: increased money supply leads to inflation which leads to increased prices which fucks with citizen's savings and purchasing power.

Technology is deflationary.

Fiat is inflationary

#Bitcoin: Supply cap of 2.1 quadrillion satoshi. And as of April 19, 2024, has a lower inflation rate (supply issuance) than gold - making Bitcoin harder money than gold. (Gold inflation rate ~2% per year; Bitcoin inflation rate ~0.8% for the next 4 years/210,000 blocks).

Bitcoin follows a specific issuance, which decreases ~every 4 years, leading to an eventual supply issuance of zero. Leading to a 100% deflationary asset.

Government fiat does NOT follow a specific issuance, suffers from deficit spending and bank loans, leading to ever-increasing inflation.

Putting it all together:

Technology increases productivity, which lowers cost of goods to their marginal cost of production.

Fiat economies suffer from inflation, that fucks over citizen's savings and purchasing power.

Bitcoin is deflationary, protecting citizen's savings and purchasing power.

Timechain #Bitcoin t-shirt WIPs

Note: each dot in the all-orange dot matrix design is the Bitcoin logo

Block 840,000 Hardest Money #Bitcoin t-shirt WIP

#BitcoinHalving

Happy #BitcoinHalving 2024

All 🍕 is half-off after the #BitcoinHalving 💪

Hal Finney is currently waiting in the wings with an orange Samurai sword, Anon.

#BitcoinHalving

Come to think of it, I've never seen Banksy and Satoshi Nakamoto in the same room at the same time!

Banksy Nakamoto