https://fountain.fm/episode/nL3FlCJJWkNQNxCpHtan

BusinessCat has a baby. We do our Covid episode.

nostr:npub1tftc33ttam85wraffce62cgtvvjrmttquqlv6a0agtfm5nl4vues82xar5 has its flaws and issues of concern but let’s be fair and acknowledge that they will likely lead the league in converting ETF to real Bitcoin for people.

The bitcoin ETF is not about bitcoin at all. Its about Blackrock dumping its bonds.

It’s more akin to ordinals and inscriptions except that the impact to our markets will be more severe and more long lasting

There are curious plebs who will decide to tackle nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42 Programming Bitcoin book.

This is a pantheon Bitcoin book that treats plebs as capable mathematicians - getting them I to the deep end of Number Theory and Abstract Algebra right away in the first couple of chapters.

The rabbit hole took me from that book to now - after 10 months - where I finally learned the Number TheoRy needed to prove Fermat’s Little Theorem - a very important result that allows for software implentation of cryptography.

Don’t ever trust the math. Verify!

I probably could have built an app In the last 10 months but my heart and soul had only one goal in mind - keep pursuing this rabbit hole.

Actually - this is the “Then They Buy You” phase

I use it to measure the price of freedom. It’s low today because freedom isn’t valued very highly by people successful in fiat. That wasn’t true at 68k and won’t be true in the future.

Nobody is considering the government raising rates to push up the long yield curve in order to lower 100T in long dated unfunded liabilities and terminate them.

Once Japan can no longer do Yoeld Curve Control (happening now) - the 30Y bond yield will moon

The. 100T of liabilities gets cut in half. Then the US govt starts buying Bitcoin to terminate it.

It’s possible.

None. The SEC wanted the legal arguement out of their map and the court did that for them.

They steam-rolling ahead.

We won’t all pay for letting Coinbase I to this party for some time.

A “financial advisor” who isn’t a useless vulture would discuss with a pleb how much of their corn should just be timelocked as part of their overall security strategy. They might help a pleb determine what security tools to use to meet their financial goals

Recommending how much bitcoin someone else should have is a laughable profession, violates every praexeologixal foundation of Bitcoin, and an A+ grift.

Mathematics is an imaginary world where we can establish and prove objective truths.

Its the only world where we can do this. Establish a set of rules and conditions for which these truths are actually self-evident.

Bitcoin is a physical manifestation of mathematics where the truths of the imagined system manifest in our physical world.

Like a steel locomotive

Rolling down the track

He’s gone - gone

And nothings gonna bring him back

Unless that cryonshit actually worked and then Holy Fuck!

Like Jerry Garcia, Hal Finney didn’t start the movement that he contributed so much to and brought to a level that wouldn’t have been known without him.

Hal Finney died 19 years and 19 days after Jerry Garcia.

Color me intrigued.

Perhaps we need an academic embassy to learn and establish proofs for such things. You’re right - it’s not possible for every UTXO holder today to prove they can move their coins.

Additionally - so much is conferred by the admission standard. The student can move Bitcoin - that’s pretty important.

But also the student can maintain a low enough time preference to devote to full-tome study - only a person in complete control of their time can do this.

Also, they will need some UTXO as raw material for learning.

There will exist a Bitcoin University.

My admission standard would be to show ownership of 10% of the prior epoch block reward as held Bitcoin. Sign the UTXOs and you’re in.

No academic pursuit can ever exist unless the student is in total control of his time.

The grift of public companies is enabled by “Generally Accepted Accounting Principles” (GAAP)

Accepted as truth. Validated by CPAs who have zero clue. None of it accounts for inflation - not 2% - not anything.

What good is any of it? We know the value of precisely nothing!

#phish

https://fountain.fm/episode/oP1HkfvAU5ULcj8BcElp

Had a great convo with High Hash Rate about Phish and Blackrock. It’s the most Phish focused Bitcoin podcast ever made.

Appreciate it. It means the world to us to just have people listen. We have super low time preference and just want to grow into ourselves - so likely never a sponsor or anything that will try to rush our development.

I do a podcast every Saturday morning with a partner who I share core values with. For 5 months - every morning contains the same gravity to create a conversation that plebs better than me will find valuable.

I’m not saying they’re better than me but I let that idea put personal pressure on me. I work to serve plebs so I navigate the ride for myself and we all help each other.

I believe it shows in the work. I go to meetups and find out that people listen and want to discuss the topics engaged in the podcast.

The bitcoin conversation in my locale is now shaped by the focus that consumes us every Saturday morning and is amplified by the work we put in every day to be better plebs whose loved ones are gonna make it.

Your dollar ain’t shit!

This is the line I can’t get over. It’s a declaration of war and a demarking line between them and us (He said YOUR dollar ain’t shit - not THE dollar ain’t shit)

Every time I attend a Bitcoin meet up, even if only 3 people show up, it ends up being a rare and treasured experience.

Spend your time in the world you want to live in.