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Bitcoin is the only true signal

https://mises.org/library/economics-and-ethics-private-property-0

Another masterpiece. I wonder how many people are actually reading these books...

Yes, that's why trying to stop the develop of AI is futile. We have to act either way.

I think these papers on Bitcoin and Economics should be more popular:

1. “On the origins of Bitcoin: Stages of monetary evolution”. (3 Nov 2013).

2. “Commodity, scarcity, and monetary value theory in light of bitcoin”. (25 April 2014)

from Konrad S. Graf theories about Bitcoin.

https://www.konradsgraf.com/bitcoin-theory

I agree, very similar, but I think the difference is that we are not just picking between deterministic Gods in this case, we are “creating” God. Who is going to create the Deridits’ Basilisk of you example? It's not just an act of imagination, human actions are relevant in either cases.

Now that AGI is trending.... The Roko’s Basilisk though experiment comes to my mind 👀

https://slate.com/technology/2014/07/rokos-basilisk-the-most-terrifying-thought-experiment-of-all-time.

"[..] it should be noted that anything less than 100 percent reserve deposit banking involves what one might call a legal impossibility. For in employing its excess reserves for the granting of credit, the bank actually transfers temporary ownership of them to some borrower, while the depositors, entitled as they are to instant redemption, retain their ownership over the same funds. But it is impossible that for some time depositor and borrower are entitled to exclusive control over the same resources. Two individuals cannot be the exclusive owner of one and the same thing at the same time."

- Hans-Hermann Hoppe

"It is hard to immagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong."

- Thomas Sowell

Science cure you, not politicians... Human association and collaborations predate the modern nations-states. Choose your community (or your master) wisely.

You can vote with your feet and exit the system with bitcoin. Some countries, like the US, have global taxation and an exit tax for its citizens. Your passport in reality is just a modern "slave card".

Ops.... but I still love nostr 💜 😂

"Anyone may publicly express his interest in the property of another, and pursue this desire, provided he has access to the government. Therefore, in a democracy, everyone become a threat. Consequently, the desire for other people's property is systematically strengthened under democratic conditions."

Hans-Herman Hoppe

"Properly understood, there is only one essential human right, namely the right to be left alone in order to be able to lead one's self-determined life. All other human rights are either legitimate derivatives thereof or illegitimate privileges at the expense of third parties".

Titus Gebel

#freeprivatecities #citadels

I welcome Ordinals Theory, it will show the true face of the egocentric bitcoin maximalists.

Normie: Bitcoin is deflationary, it doesn't work. We need to manage the demand for money? Money should grow with the economy... blah blah... we need central banks!

Me: There is no such thing as demand for money. Few.

This is lazy thinking. Mining machines are not "hostages" of mining pools. The hash power is far more decentralized than anyone could imagine. These are "real" resources that cannot easily be captured. Hash power is unbounded.

https://piped.kavin.rocks/watch?v=jPqyusHH850