Inflation is created by:
1. War and natural disaster
2. Supply chain disruption
3. Federal Reserve, government deficits, bank loans
What about supply & demand in the marketplace, can’t that cause inflation?
Sure, but supply & demand doesn’t cause the money supply to be inflated.
End the Fed
$1.00 gets you 1,033 Satoshis of #bitcoin
Digital 1776 from Jason Lowery:
In my office, I have a painting of the Battle of Baltimore, the inspiration of our beloved US National Anthem. I love this painting because it illustrates the proof of (mechanical) work required to secure our freedoms & values in three-dimensional space. Francis Scott Key explicitly calls out this proof of (mechanical) work in the Star Spangled Banner:
"And the rockets' red glare
The bombs bursting in air
Gave PROOF through the night
That our flag was still there"
True freedom, in any domain, can only be gained & maintained through the continuous expenditure of physical power to defend our freedoms by imposing steep physical costs on anyone who would attempt to deny us from our freedom. This is a core piece of the American value system.
Now imagine if we could secure our digital age freedoms & values in cyberspace using proof of (electrical) work rather than proof of (mechanical) work... Would would that look like? And considering how this would be a non lethal form of power projection, would that not be a cause worth every watt?
This is what #Bitcoin means to me. It's not just a monetary system to me. It's people coming together to defend their freedom in this new cyber domain using physical power, just as our founding fathers did before us in a different domain. It's a group of people united by a vision of the future where we no longer have to allow ourselves to be exploited and oppressed by those who can centrally control our software, because we now have the means to wield physical power in cyberspace to impeach their oppressive systems of control.
The digital revolution started ~15 years ago with the release of #Bitcoin, and we could be months away from winning it. So i just want to say that it has truly been an honor of a lifetime serving in the trenches of this digital revolution alongside you.
🇺🇲 🦌⚡️🫡
The government is like an alligator chomping on its food.
#Bitcoin is the tool that prevents the alligator from getting any more food.
Ya gotdamn right there’s gonna be violence. The alligator is gonna come’a running after Bitcoin and Bitcoiners with all of its power, teeth, and reptilian instincts.
Revolution doesn’t need to be peaceful, but it does need to be permanent. And can take many forms of Bitcoiner resistance.
Bitcoin is more decentralized and secure than the alligator.
Bitcoin is the Sun Tzu of money.
“I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop.”
- F.A. Hayek
"Let him do the mistakes so he can learn."
Chess-playing lesson going on next to me with a 4-year-old.
The Mom's been pretty active as a 3rd-party participant and the teacher just said, "Let him do the mistakes so he can learn."
GREAT ADVICE!
"People need to understand that all of their dollars, pounds, euros, etc. are trending towards zero.
"Every single day, your money is losing value.
"It's like people know this, but they still don't realise what it means."
- Zuby
3-pole tent-top vs no tent-top
Every Floor Is A Dance Floor™ Mardi Gras t-shirt design
#designstr 
Great use-case for ChatGPT: Compare 2 code snippets for WooCommerce
Prompt: Compare the following 2 sets of code. they're both meant to keep WooCommerce code from being on non-WooCommerce pages. Which one is doing the better job?
ChatGPT walks through all the pros and cons, then provides a summary that includes a table of feature comparisons.
Pretty damn cool.
“The demand for #bitcoin stems from the need of individuals all over the world to carry out transactions that bypass political controls and to have an inflation-resistant store of value.
“For as long as political authorities impose restrictions and limitations on individuals transferring money, and for as long as government money is easy money whose supply can be easily expanded according to the whims of politicians, demand for bitcoin will continue to exist.
“And Bitcoin’s diminishing supply growth is likely to lead to its value appreciating over time, thus attracting ever-larger numbers of people to use it as a store of value.”
- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak, The Bitcoin Standard, pg 249
Them:
What is the intrinsic value of bitcoin?
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a:
The most decentralized, secure, and liquid network for value storage and transfer. Where I can put my money and self-custodially access it regardless of which continent I'm on at a given time.
The most immutable database that currently exists.
U.S. money supply (M2) vs U.S. dollar purchasing power, 1960-2024
"The road to serfdom consists of working exponentially 𝘩𝘢𝘳𝘥𝘦𝘳 in order to earn a currency growing exponentially 𝘸𝘦𝘢𝘬𝘦𝘳."
- Anil Saidso, excerpt from The Treasury of Michael Saylor
Diggin' Sam Cohen's cover of The House of the Rising Sun
nostr:note1emmq0clnw62k0e0kx8lyv7jt4qp4y0zcf0cuvxwfh2l3jf33864srkc5vaThe only #Bitcoin graph you need to understand.
