Arm the homeless

When your dad (preferably if he is single) asks you why he should #bitcoin

nostr:note1n6vduczprm0cvhck8ced47cr7yscr4vk9k3p55dzasq9ekmdzzlq943qr0

Bitcoiners shouldn't vote. Thats my opinion. Voting means you believe in the system. Well i dont so no Voting for me. You vote never ever counts. We are supposed to be ignoring that system it does nothing for us bitcoiners

The United States perpetuates mass enslavement, via mass incarceration all under the guise of the war on drugs

Hi nostr

NEW: Kraken has successfully received Mt. Gox funds and will disburse them in the next 1-2 weeks

#bitcoin will go to minimum $10M in today’s dollars during the next 4 years. The suddenly moment is lining up. OTC desks are getting empty. Exchanges are getting empty. Hyperinflation is looming. Countries will need to print. The end game will happen this cycle. Get ready.🚀

Breaking News: Nostr deploying Nutsack 0.0.1 💜⚡😂

#Nostr #plebchain #grownostr #gmstr #100burpees #nutsack

Mt. Gox coins moving. LFG.

Did some work on my car and I had a revelation. Cars built by unsound money are not meant to last. They’re cheaply built and designed to be difficult to repair yourself — because you’re not meant to. They’re built to last just long enough for you to buy or lease a new one — and let’s be honest, they prefer you leasing since “you’ll own nothing, and you’ll be happy”.

Making disposable EVs and hybrids because they’re good for the environment? They’re just that, disposable.

Carmakers have it all wrong. If they actually care about the environment (and consumer) they’d make a car that’s built to last, with quality materials, ICEs, that are easy and accessible to repair. A car like that could last decades, not 2-3 years like they do now.

Good morning frens 🐸

I understand all that and I know Mises's quote. My thesis is laid out in my note above. You don't agree with it, which is perfectly fine. But I think it's a complete note, so I don't have much to add to it once the conversation enters the "we just don't agree" phase.

I always argue that fiat isn't going away because it's simply the most powerful tool States have to achieve total domination over their subjects, and that Bitcoin will, at most, become a reserve and store of wealth asset/commodity. Just like there are many other asset classes.

As to the visions of hyperbitcoinization and a big upset and collapse of the system, I simply don't think they're going to happen. The incumbents will adapt and will capture as much of Bitcoin as they can, as we've already seen with billionaires like Michael Saylor. Others will follow, and in the last stage even central banks will hold a piece. The most recalcitrant and close-minded among the elites who refuse to hop on the Bitcoin wagon will simply miss out and be relegated -- in that asset. There is always some attrition at the top.

The key difference though, is that Bitcoin is probably the first asset class in recent history that hasn't been captured from inception by the incumbent status-quo beneficiaries. It's truly something phenomenal, in that it gives a bunch of nobodies the opportunity to position themselves as holders of a significant portion of this asset, ahead of the incumbents.

The weakest among us will sell to Michael Saylor and Blackrock, or will allow their BTC to be seized by their government. A second portion of us will fail to turn their Bitcoin wealth into real world wealth and, sooner or later, their stack will succumb to attrition, either because they fail to understand that Bitcoin, as a non-yield bearing asset doesn't replace itself when you spend it, or because they fail to use it wisely as collateral and eventually have to liquidate their holdings.

The remainder who learn how to use Bitcoin correctly and wisely, will eventually join the ranks of the world's elite and become the new incumbents themselves.

Yes, my outlook is quite cynical. This is my bleakest vision of what's to come. Kind of the worst case scenario for which I prepare, just in case.

Working on putting together a team of math nerds/tutors for a local project and did some interviewing today.

This one shows promise

I was thinking about movies to watch and I saw bunch of Ernest movies online. I don't think I've seen a full Ernest film so I asked Chatgpt to make me a list of all the Ernest films in order... there's 9 (technically 10 films I have to watch) 😆. What am I about to get myself into...

#meme #memes #memestr #nostrmemes