The collective illusion of majority or consensus is the reason why we do all sorts of crazy stuff in the world.

In other words, people feel need to side with the majority at all times. It's fundamental in order to be part of the tribe and thus survive. The way we confirm if we're part of majority is very nuanced because we don't know exactly who or what is the majority in any given moment.

This is a very interesting video on this idea:

https://www.youtube.com/watch?v=URdXC6UtfVg

#philosophy #politics

It seems like they custody it through Fidelity Custody, Coinbase Pro and others.

I would say in all honesty that I think it's not nearly as easy/trivial to confiscate Bitcoin as it is with current fiat, so the question of being ruggeable is pretty nuanced.

In my opinion I think it's pretty incredible and ingenious what MicroStrategy is doing. They're playing the game at its fullest form, transparently and ethically, in my view. And it is incredibly useful for everyone, especially in the mid and long term.

Because, and to go back to your point, the question is, what is the real value of Apple and/or Microsoft?

How much money of Microsoft is because of government contracts?

And isn't Apple in reality just smartphones for middle class and wealthy people in the Western world?

I would say Google and Nvidia are pretty valuable but I have no idea of how much because we don't really have a hard currency.

I think these things are much more nuanced than we think is what I'm trying to say.

But I completely understand and agree with your points, there all very valid concerns of course. Let's see what happens :)

I understand the concern though of course :) and it's a very important perspective

But the Bitcoin they own is already unruggeable, isn't it?

The way I see it they're just playing the current game with the current rules but using Bitcoin as a twist. I mean, what's the real difference between what they're doing and a company like Apple, Microsoft, or any of those big public companies leveraging all their power for ultra cheap capital in all its forms?

The difference is with Bitcoin we now have a way to actually quantify the value of something. With Microsoft and others, how can we really value what they're doing? I mean, for real? And in that sense, who's really speculating, Microsoft, Apple et all or Microstrategy, that we can transparently know exactly how much Bitcoin they have, including per share, etc, etc?

You don't need to. If you click Latest you'll only see Latest.

If you click another feed you'll see that feed.

It doesn't mix feeds. Each link is a feed. Does that make sense?

Good morning nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424, awesome talking to you the other day! Thanks for showing up :)

On Primal, the Latest feed includes only the people you follow, I'm pretty sure?

Primal, Coracle.social and Nostrudel.ninja all have this and then ensuring you're looking at something like a from Followers only feed.

I understand this. I would say the best way to manage this pain is to keep buying Bitcoin, and thus keeping the focus on the solution instead of the problem.

I'm also available for group therapy as I also suffer from this problem. Keep strong :D

The incredible nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m on the phenomenal nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech podcast at 1h:02m talking about how the pandemic and subsequent economical disconnect where Wall street made incredible profits but the working class were locked at home because "they killed grandma".

It's incredible how it all connects to that climax of hypocrisy. I believe Michael Saylor will be seen as a great and fundamental figure in history.

This is the greatest working class revolution in the last centuries and I'm not sure many people really understand that. Especially on the so called "left", which as we know has no meaning anymore (or ever had). i.e there's no left or right, there's just a group of elites that say they're left or right and then just dictate the culture (using fiat money) to everybody else. Bitcoin is the real political revolution of our time because it transcends/elevates this definition and thus it will allow true freedom of thought to flourish.

Bitcoin is what the peasants in pre-Soviet Russia where truly looking for and not what they really got.

Thank you all for the great work. These are historic times. Here's to a better future.

#bitcoin #nostr #economy #politics #pandemics #philosophy #democracy

https://youtu.be/pQ7fjpqzUS4?si=1qZbIzeaP4aWIADI&t=3733

You're more than welcome on my side and I'm 100% sure by the majority of Nostr users.

I think it's fundamental to have a diversity of opinions and I personally don't like to spend time in echo chambers.

So yeah, keep posting. You're valuable and listened! Bring your friends too.

But yes, I fully understand these questions! these are very fundamental questions and I have had them too. I would say there's a lot of information that changed my mind and I highly recommend the work of Jeff Booth and Michael Saylor on that.

This of course apart of the technical details such as the POW, Lightning Network, etc. I also use ChatGPT often to understand all these intricancies in Bitcoin scale and feasibility.

I truly believe Bitcoin is the key. If you'd like John I think it would be very cool to have a live conversation/work session on this, where we would both go very in depth and address all the potential problems of Bitcoin. I think that would be pretty cool!

Everything follows the Paretto rule. It wouldn't be different.

The real important part is that everyone will now have a store of value that doesn't devalue and instead actually grows in value the more people use it. The idea of the network effect. In a world with no gold, the more people use gold, the more gold is valuable. That's Bitcoin.

The really important part is the proof of work. As long as that's unbreakable, everybody is equal in the game.

Mining will lose importance, and it really doesn't have much importance currently.

Agreed. Reddit will just adopt Nostr. That would be incredible. :)

You're not going to banned here, so you'll have time to find the middle ground. That's what really really matters.

I think that we'll all get that having time and a place to find the middle ground is the most important thing, not having everyone think the same.

There's always a middle ground. :)

Exactly.

And the thing is, people are looking for echo chambers when what they should be looking for is civil discourse. In other words, learning how to deal with people that have opposing views.

Twitter right now is for right wing in general

Bluesky becomes left-wing in general (I know these are very hard to define things, I'm just giving a rough perspective)

Nostr ideally becomes a mix of everyone.

For example myself I'm post left-right, I believe in the Swiss model of referendums, i.e the best tool for the job AND still having principles/morals of course.

Nostr will elevate every single individual, instead of dividing them in groups.

"When I find a whole bunch of people creating new heroes that are just faster centralization, and talk about those leaders as saving their lives through a different from of centralization, it feels like the same old trick being done over and over again". - nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe at the following podcast 44m:02s.

This was an awesome podcast at the great nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u Bitcoin podcast:

https://www.youtube.com/watch?v=ueZuQ1X3ZWQ

I absolutely whole-heartedly agree with Jeff Booth and think this aspect is truly absolutely fundamental. It seems like we are hard wired for sociability (belonging to the tribe) and that in the extreme leads to the cult of personality. This is not good at all as we've seen countless times in history. Truth should be above any individual.

I think this is also what nostr:npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9 was alluding with the idea of "cast a vote but don't join a cult" at the nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu conference a few months ago.

While it's phenomenal to see the change that is happening in the US, simultaneously I think it's just a bit better.

Elon Musk wouldn't be Elon Musk without large hordes of government money . That's just a fact. And etc, etc, etc with many people in that camp. But sure, there's no denying this is a positive advance in the global liberty field.

Bitcoin is the greatest free market that ever came in to this world.

We need better leaders BUT most of all we need better systems. Bitcoin is one of the most important better systems we have.

We still live in an 99% extractive economy. The goal is to live in a truly productive and free economy.

#bitcoin #freemarket #nostr #philosophy

And the solution is:

1) buy Bitcoin

2) move to more self-sovereign localities/communities

Yo creo que todo esto está bastante interconectado, por lo que todo tendrá un impacto.

Sin embargo, creo que será en un sentido positivo. La adopción de Bitcoin, por ejemplo, lo cambia todo. Esto, específicamente creo que va a afectar a España de manera muy positiva.

Y tu, que opinas?