Oh really, I've never heard Antiphon, will take a listen. I've listened to Van Occupanther for years now, ever since it was released.

So we're meeting in the middle then :D

The thing with these guys is that Tim the singer left and so some people kind of lost interest. This guy Tim then went missing for 10 years recording an album/project called Harp.

Life is crazy.

That Midlake record is incredible, and the first one too. But that one The Trials of Van Occupanther is an incredible record.

It really just occurred to me that people will need another unit of account once the USD inflates too.

I know this is a basic argument/point among Bitcoiners but it really just occured to me how fundamental Bitcoin will be. It'll be the new unit of account. Nobody will ever use gold as a unit of account.

Because, culturally, people need a unit of account.

"A society is humane only if it allows people to stop performing without losing dignity."

A humane society should allow for status exit. Renunciation must be possible if a society is to remain psychologically survivable over the long term.

All material only societies die off.

This is why we also needed a new monetary incentive (to work in parallel with Bitcoin), https://g1currency.org/

Or https://en.trm.creationmonetaire.info/TheorieRelativedelaMonnaie.pdf

There's 50k people already and they definitely fund projects, because money is co-created.

Life is going to be voluntaryist and modular in the future. We're going to work meaningful jobs and projects without strict schedules.

People will love and respect one another and want to spend time with each other.

Having intercourse with food :D it's a running joke that I had with my friends inspired by Kaufmann's Spanish character ("this is illegal in my country" with Spanish accent), https://www.youtube.com/watch?v=Yxp23Gkvn9g

Sorry for wasting your time :D

This is illegal in my country

I don't think we can change people's minds, we can only add new ideas, which will eventually flourish and create a different garden.

That's wisdom right there :) many times it's best to just say nothing

O peso Argentino é usado como moeda de Estado, nunca store of value.

A dolarização da Argentina é um processo em curso. E a Bitcoinização também é outro, que está na verdade a acelerar.

É dizer, os Argentinos estão a saltar o USDT e a comprar Bitcoin directamente.

O mundo do futuro vai ser incrível.

You don't need to lock them up, the market will do that economically and voluntarily.

I think there basically be soft-fork with dual signature types the Quantum addresses and the regular addresses for a long time.

And slowly people will slowly give economic preference to the new Quantum addresses. And that's it. To the point that people on older addresses start losing economic opportunity.

Nobody is forced to do anything. There will be a new alternative/upgrade, people will choose it or not.

It's really not that of a big deal. And it'a all voluntaryist.

"He was just looking around with his eyes!!" is great :D

Ah, good point. Mining would perfectly fit the situation, with the whole "drill baby drill" energy thing.

I don't understand how they think this will work in any way, shape or form.

Yeah, I get that. By the way, so you think the Treasury Department will not acquire Bitcoin?

Yeah and for me the strategy looks pretty simple. Trump administration waits for full gold remonetization, revalues balance sheet, gets 1T in liquidity, buys 100 billion Bitcoin, further monetizing Bitcoin.

Why would the US want to monetize gold again, when BRICS are hoarding gold. It makes zero financial sense. The play would be to monetize Bitcoin and have Saylor go around the world to create the seeds of the new T-bill, Bitbond.

Apart from this there will be the AI bubble risk capital moving from AI to the next risk asset. They'll certainly not play gold.

Problem with gold is that it's not exactly easy to trust its form... either digitally or physically.

Also remember 10T is paper gold... Which is almost half of all gold. It's not trivial.

Exactly.

And the next step in this direction is to ask for a UBI from the state. That would make that tool available to everybody equally.

O que precisamos é de dominar o Estado, não abolir o Estado. O modelo Suíço oferece a inspiração para esse domínio de uma forma realmente sustentável. O UBI e o Bitcoin são outras grandes ferramentas nesse sentido, especialmente para modelos instáveis como os nossos.

QE for the people in the form of UBI!!

Why not? But really, why not?

I think it's inevitable in the next 10 years to be honest. Mark this post ahah.

#ubi #bitcoin #philosophy #economy

Sure, we agree there too. The question is which action creates the most consented relationships and which creates less. Because like in the Austrian School, the measure/weight of value is subjective. The same has to be true in moral discussions, because true morality is born or discussed in the real world and thus it's always as complex and subjective discussion.

I think it's the real politik, utiliarian view vs the purist view, i.e more people having access to a 50% voluntaryist system vs less people having access to a 100% voluntaryist system discussion. It's hard to measure but both are heading in the same direction.

This is I think both the purist and real politik people are right and both are necessary, because the measure of necessity/moral value is also subjective by definition.

I think governments wouldn't lose importance per se, but politics would. Governments would be more of a logistic layer, simple taking care of UBI redistribution.

Because the real battle today is who controls the printer direction. If the printer is directed to everyone **equally** the political battle loses importance.

This is why I think UBI is the greatest weapon against socialist and social-democrats, whom I'm personally NOT a fan of at all. Simple because they destroy all reality and genuine production that people do in the free market.

The moment you teach people that they can have a UBI, is the moment you remove power from all Government baiters. Race baiters, socialist, social democrats, greens, etc, etc. All the government lobbies we know in the world.

If we create a Dividend that cuts from Government and redirects that money to the UBI, that's a way to get the people on our side. If we get the people on our side, we win this "democratic" game.

Yes, but for the first time in history, that last 30% of real free market signal that used to back them up (the people I described above) will not back them, and thus you'd have something different.

But I understand what you mean, fiat (main currencies like USD, etc) will never hyperinflate (in relation to themselves) BUT **they'll be completely demonetized in relation to Bitcoin**.

So like another user was saying in a different post, we're gonna have, Cantillionaires (Cantillon effect), Bitcoiners, and nocoiners.

The countries, nation-states, politicians that get it and become orange pilled earlier (like El Salvador) will benefit immensely. Because if you play that game, that's going to catapult you to the future.

Like before, we're going to have the world running at completely different speeds.

Thanks for the note. But isn't the purpose of nodes to act as validators? And if they can't filter anything why use them at all?

I know this is all very subjective and relative, but in this current game of Bitcoin, miners + nodes, I support nodes filtering stuff AND people choosing what to filter.

It's not perfect, but it provides a simple, cheap veto on what's mined. It's probably the only thing the plebs can control at this point.

So yes, I support to let the people filter whatever they want on the network. Especially if it's to maintain it purely as monetary network.

Now, that doesn't mean that I don't think innovation is important. I might be even in favor of a lot of OP_RETURN functionalities, it's just that they have to be optional always.

Freedom of choice for the plebs is always the way, in my view.

I don't have a particularly strong position on the OP_RETURN, Core vs Knots thing but I'm not a fan at all of top-down anything.

The free-market should be bottom-up and voluntaryist by nature. Every interaction in a real free market has to voluntary. This means options. Freedom of choice basically.

I think this form of thinking (censoring choices) is a slippery slope.

In other words, why not just let the nodes that want to save that info, save that info and then provide services on top of that? And others who don't, leave them alone?

Are you really telling me you need to censor a 1/3 of Bitcoin for your better alternative to work?

And I know Peter Todd is not advocating for this here, he's just saying "how easy it would be".

What am I missing here?

#bitcoin #discussion #asknostr #opreturn

I think there's potential in this area.

I would say perhaps the biggest issue with this strategy and real estate right now is if we might be heading for a real estate downturn or not, or more specifically to how to know if a building/area will appreciate?

Regarding profits the question is, will they come through cash flow, refinancing, or property sales (which would trigger capital gains tax)? Ideally, generating cash flow and converting it into Bitcoin would be excellent. Even better would be to see property appreciation, refinance that increased value, and use the proceeds to buy Bitcoin. Also great. If this is done in a jurisdiction that allows Bitcoin to be monetized on balance sheets, the potential is even greater—enabling larger loans and further financial leverage.

It's a kind of Microstrategy version, but for real estate.

The biggest issue in my view is if there's a downturn in the real estate market. Which is very possible to be honest. That would change everything. But still there's always niche markets too, etc.