nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_754 - #Bitcoin Is Not Crypto, The SEC Confirms
The Tom Woods Show Ep. 2374 Another Step Toward Banning Gas-Powered Cars
The federal government won't outright ban internal combustion engine vehicles; it will simply set mileage standards that no such car can meet. And that's what's happening. Eric Peters discusses the situation, the drawbacks to electric cars (though he is fine with people who prefer them) and whether there's any jumping off this train.
It is important to realize that the reason people in the twenty-first century have a higher standard of living than those in the nineteenth century is not merely technological discoveries. Even if we held scientific knowledge and engineering know-how constant, it would still be possible to experience ever-rising living standards so long as we maintained continual saving and capital accumulation. Consider: At any given moment, most of the equipment and plants in operation are not state of the art. Whenever an entrepreneur discovers a new way to refine a production process, or whenever a scientist makes a new breakthrough, the efficient response is not for the whole world to revamp operations accordingly. While any new factory or other relevant operation will fully reflect the new understanding, it will usually be efficient to keep the old operations in place, as they wear down their existing capital equipment, allowing for a gradual phasing in of the new ideas.
A succinct illustration of the distinction between technological know-how versus capital accumulation is to imagine a cruise ship carrying the world's experts in various fields, becoming lost at sea and running aground on a deserted tropical island. As thousands of people flocked onto the island, their standard of living would plummet. Even though they would have world-renowned heart and brain surgeons in their ranks, people would eventually begin dying from routine injuries and illnesses because once the supplies originally on the cruise ship had run out, the doctors wouldn't be able to work with the resources at their disposal. Furthermore, people would be forced to explore the island on foot; even though automotive engineers were on the cruise, they could hardly be expected to manufacture cars.
If we came back and surveyed our hypothetical stranded cruise passengers in twenty-five years, they would be nowhere near the standard of living they had enjoyed back home. Before they could build the tools they took for granted at their old jobs, they first would need to build the tools to build the tools, and so on, perhaps for several layers depending on the discipline. It's true that our expert passengers would avoid many of the mistakes that their ancestors made historically in the accumulation of capital that made modern living standards possible, but even so, it would be a laborious and painful process to start from virtually scratch and begin again.
Robert Murphy
SLP497 Olivier Roland KYC and AML are Destroying the World
Really excited to drop this discussion with nostr:npub139nl9yxvwayl60fr97m3zrq9md6x5v0uup344mkyuyg6mzlusyxs4zkwf4
Alex is an incredibly smart developer and founder that understands Bitcoin lightning better than most. In our discussion we talk about AI and the scaling capacity of the lightning network to meet potential demands.
Watch: https://youtu.be/TDRPNfc-Bo0
Listen: https://link.chtbl.com/BTC141
Transcript: https://buff.ly/3ODuXIT
BTC141: Can Bitcoin Lightning Scale Globally w/ Alexander Leishman (Bitcoin Podcast)
Time preference is a categorial requisite of human action. No mode of action can be thought of in which satisfaction within a nearer period of the future is not-other things being equal-preferred to that in a later period. The very act of gratifying a desire implies that gratification at the present instant is preferred to that at a later instant. He who consumes a nonperishable good instead of postponing consumption for an indefinite later moment thereby reveals a higher valuation of present satisfaction as compared with later satisfaction. If he were not to prefer satisfaction in a nearer period of the future to that in a remoter period, he would never consume and so satisfy wants. He would always accumulate, he would never consume and enjoy. He would not consume today, but he would not consume tomorrow either, as the morrow would confront him with the same alternative.
- Mises
?cid=2154d3d7jcv8m6n7ak098bvduj0j06yxdem8w8qlgrse02e7&ep=v1_gifs_search&rid=giphy.gif&ct=gEmancipate yourselves from mental slavery.
None but ourselves can free our minds. ✌️
Bitcoin Review Podcast BR045 - #MPCbros vs #TeamScript Debate.
This was a ton of fun. Even though I was again rugged by StarLink.
Thanks @Rob1Ham @rot13maxi for such good fight. ft. Rob and nostr:npub1mxrssnzg8y9zjr6a9g6xqwhxfa23xlvmftluakxqatsrp6ez9gjssu0htc
Short https://imgur.com/a/In3Ck19
The Anatomy of the State
Ryan and Tho take a close look at Rothbard's timeless takedown of state violence, Anatomy of the State, in this special live edition of Radio Rothbard, recorded at Mises University 2023.
The greatest triumphs of propaganda have been accomplished, not by doing something, but by refraining from doing. Great is truth, but still greater, from a practical point of view, is silence about truth.
#nostr
Check out my latest piece from nostr:npub1flkdxm4z8w3pt3twcwjly66wak8qrjxjckj8qrfzygunvalj6w0syew48v
This is how we make self-sovereignty inevitable. Not by rhetoric or voting, but by groundwork. The revolution starts within our hearts, heads and hands. Our unified labor will inspire a future where financial freedom is not a distant dream, but a lived reality. We inch ever closer each time we patiently explain Bitcoin, fund censorship-resistant development and nourish community autonomy. Together, let us persist in this work one day at a time. At ballot boxes, change is only promised. But our efforts can guarantee it through perseverance. The future will remember not politicians, but those who toiled to build decentralized networks for the sake of autonomy. Where politicians fail, we will succeed.
https://bitcoinmagazine.com/culture/us-presidential-support-for-bitcoin-wont-be-enough
Politics promises change yet coerces through centralized power. We must go beyond this illusion and act outside the system
Check out my latest piece from nostr:npub1flkdxm4z8w3pt3twcwjly66wak8qrjxjckj8qrfzygunvalj6w0syew48v
This is how we make self-sovereignty inevitable. Not by rhetoric or voting, but by groundwork. The revolution starts within our hearts, heads and hands. Our unified labor will inspire a future where financial freedom is not a distant dream, but a lived reality. We inch ever closer each time we patiently explain Bitcoin, fund censorship-resistant development and nourish community autonomy. Together, let us persist in this work one day at a time. At ballot boxes, change is only promised. But our efforts can guarantee it through perseverance. The future will remember not politicians, but those who toiled to build decentralized networks for the sake of autonomy. Where politicians fail, we will succeed.
https://bitcoinmagazine.com/culture/us-presidential-support-for-bitcoin-wont-be-enough
Bitcoin's promise remains largely theoretical. Financial sovereignty will require navigating complex political and technical hurdles. Reform demands nuanced dialogue between the old and new - bridging divides through open-minded engagement, not polarization. We must acknowledge the flaws in existing systems while remaining pragmatic about the challenges facing alternatives. Progress lies not in the triumph of any rigid ideology, but in inclusive, evidence-based cooperation toward balanced solutions. By upholding complexity and eschewing oversimplification on all sides, we can work gradually toward reforms that preserve the strengths of the past while pioneering an equitable and sustainable future.
nostr:note1a3gzlutczagelzuvdanurkhfjasg7hmfynamz9hxavtfq2rd9qkqwltmct
