Someone was telling me the details about GRID - it’s not good - but good VCs are forged in failure - hardly a disqualifier

That said - if absolutely important to never look up to any entity without a high bar and always be adversarial.

Don’t get me wrong. He’s good at what he does. I just think his performance revealed something he should check in on.

Being a leader requires being willing to grow and doing so. You can’t really lead if you can’t handle 10 minutes of a comedian you hand picked to entertain your fans on your show.

You will be an easy target.

I want better for Odell and the people who learn from him. He’s a good Bitcoiner - but we need to make each other better.

Not all VC are big. Hopefully one day none will be.

Yes and no. At some point VCs are gonna have to emerge that do carry small companies.

I’d love to see 1031 be one of these VCs.

Richard Greaser and Rod Palmer

IYKYK

If not, check out the Bitcoin Bugle

Listen to the RHR episode. Better to watch video so you can see the body language.

Opsec isn’t funny - so don’t hire a comedian to roast you if you don’t want that happening.

Marty got easily 100x more brutal insults and he took it like a champ.

My biggest takeaways from the Bitcoin Conference

1. Matt Odell can’t take a joke (from a comedian he hired to be on his own show) and it’s actually worrisome to me how bad he is at it. An exercise in humility is warranted given how many people rely on his leadership

2. The next 4 years are going to be the craziest in my 50 years of life and I’m not prepared.

3. Privacy will continue go be reduced to a niche movement.

4, Ross Ulbricht should not be in prison but he became a virtue signal at the conference. Nobody seems to be putting pressure to discuss Samourai when they broke no laws and is a far more meaningful and consequential situation to Bitcoin.

5. There are young guys in the space who inspire the hell out of me and it’s good to know that there are people who will fight the good fight.

6. Bitcoin is great and doesn’t GAF about the circus. It’s the constant.

The “game theory” behind Trump as POTUS with Bitcoin is pretty straightforward but also terrifying.

He MUST print enough money to financially obliterate his enemies.

He cannot let them live to get in office and have the resources to attack Bitxoin to try and bankrupt him and his family without printing even more money to do so.

Bitcoin is the political football.

Happy Sweet 16 - you’re in the big time now.

The toughest hustle in America is the semi-pretty married woman in corporate America who spends 2 hours a day making herself “presentable” enough to have self-esteem at her social-engineering job for money she doesn’t really need.

Mathematics is not an expression of truth.

It is an offer to adopt a standard framework for a consensus that would confer an agreement close to truth.

If people understood that they were part of that network, they would take far more responsibility for it.

Instead they are told that they aren’t part of it and never will be and they never gain the benefits of what that network can be capable of.

Sound familiar?

If that's directed at me, you seem to lack the ability to discern constructive criticism from vitriolic personal attacks.

Sorry I stumbled into your guys echo chamber. I guess Nostr can be pretty nasty - its ok - I can handle it.

LOL - noted.

Now go start a thread about how you want to leave the public square because you can’t handle the hatred.

Gonna guess it’s a metadata issue.

When I upload my podcast I just send it all out through RSS to “podcast 2.0 platforms”

I use Podverse to listen but don’t pay too much attention to those features as I assume they’re buggy.

If you aren’t strong enough to handle the world’s reactions to your worldview then you shouldn’t be on social media.

You are here to share your views. If you can’t handle that people don’t like them then you aren’t fit for the public conversation.

The Price of Bitcoin

It’s important. Don’t let anyone tell you it isn’t. Just because a metric is flawed, wrong, and demented, doesn’t make it unimportant.

It is not the most important thing in our universe. The majority of bitcoin owners are exclusively focused on its price and if it wasn’t flawed, demented, and wrong, they might be right to do so - but they are cannon fodder for the people in the market that can see true signal.

It is on the backs of these people that HODL’rs stack their fortunes.

But if it’s isn’t the most important thing, then what is?

I would say the most important thing that somebody in Bitcoin can focus on is the originality of their worldview and their ability to maintain the conviction of that view over time through cycles.

Most people probably think they have an original worldview but they don’t. I talk to more Bitcoiners regularly than most. The overwhelming majority are winning because they chose the right memes. This is easy to do when Clown World is so dominant but this will get harder and harder as Bitcoin fixes that.

As the Price of Bitcoin starts to carry more signal, it will require more energy and fortitude to maintain your conviction in your worldview.

If your worldview is not your own - it won’t make it. Any part of your view that is borrowed and not internally verified deep inside your soul will eventually be let go.

When the world gets hard, and it will, and you’re moved into survival mode, you will end up adopting a very high time preference. Can you really hang on to your stack in the face of such circumstances when your kids need food or medical care?

The Price of Bitcoin isn’t the number you can sell it for. It’s the cost it imposes on your life to stay in the game.

It’s good to test your worldview once in a while with normies that you respect.

It’s good to have a normie or two that we respect in the world.

The echo chamber around Bitcoin can be limiting and powerful. You can make it stronger by stress-testing it in the wild every so often.

Alby has great UX. Works great.

Network nodes are equivalence relations - not equalities. No two nodes in any network are equal. If they were then they would only ever need one.

Networks grow by creating equivalence RELATIONS among UNEQUAL nodes.

A world where everyone is equal is a network with only one node - the one with all the weapons.

Equality isn’t just a platonic ideal - it’s a tyrannical psy-op.

Equality vs Equivalence

Equality is a myth. A platonic ideal. It has no definition and no rubric for proof. In math there is an attempt to sometimes define a = a but the proof is often axiomatic, or self-evident. Equality is an idea that comes from God. We inherently know it but we cannot define it.

Equivalence is what man created to define, verify, and scale our idea of equality. Equivalence is clearly defined as a general relationship that possesses each of the following properties:

a) reflexive: an item is “related” to itself

b) symmetric: if a is related to b then b is related to a

c) transitive: if a is related to b, and b is related to c then: a is related to c

Reflexive, Symmetric, and Transitive

That’s the best human beings can do to define, explain, and prove equivalence.

With equivalence we can work off of a common truth. We can build a consensus and we can share a reality.

Equality is absolute without being verifiable. It’s a shared tyrannical illusion. It can exist ONLY in the abstract and has extremely limited meaning and application.

Why should we and our children learn mathematics? It’s not to calculate tips at a restaurant or to get a job as a bean counter.

It’s to understand the difference between equivalence and equality and be resilient to the Platonic psy-ops that have caused the majority of human atrocities.

It’s to be sovereign.

Yes - that’s what quarterly audits validate. If you say you have $1B of cash equivalents you have to show every cent.

Obviously a statement from JPM is sufficient to show ownership - assuming the same from Coinbase is what will lead to disaster.