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John Balkam
666550187bfb456289cbe00d0d5177d2d70b69b8c4c80b6c76329e03cf66e08f
CMO at Sovreign | Bartender at PubKey DC

Woke up to 💯

#Bitcoin

I knew that Bitcoin was a really exciting technology in 2017, a cool solution. But it wasn't until I understood the problem of fiat money in 2022 that I realized how important it was.

Understanding the problem took a lot longer that getting excited about the solution.

Deploying more hashrate. Steady lads. 🫡

#Bitcoin

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Fishing for quotations that changed your entire perspective on the world.

I'll start:

"Every accusation is a confession."

What did it for you all?

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I am beginning to think that we can cure almost any human ailment with:

- Sunlight Exposure

- Sleep

- Herbal Teas & Medicine

It's entirely possible that we don't need a large healthcare or pharmaceutical industry AT ALL. Of course emergency rooms and surgery would still be important and available. But a lot of our public health issues could probably be solved with dead simple, inexpensive fixes.

Of course, it always comes down to the habits and willpower of every individual, but when I compare my experience with the healthcare system in the US compared with open source healing knowledge online, it is striking how much better I feel following the decentralized health information.

I hope to NEVER take another prescription drug again. There seem to be herbal remedies to almost everything. Failing that, there's getting tons of sun and tons of sleep. Two of natures greatest healers for the human body and mind. So dead simple, yet incredibly effective. And getting off the damn blue lit screens at the same time.

Along with decentralizing money and communications, I believe one of the biggest movements we can undertake going forward is decentralizing health and medicine. Life can get so much better for so many people if we let health and medicine flourish outside the fiat system.

Listen to Benz talk for 2 hours 45 minutes and you will become ever more bullish on #Bitcoin #Nostr

Not only bullish, but spiritually called to keep building the open source internet.

This is not about getting wealthy. This is about fighting tyranny. The corruption of the establishment is so immense, we have no choice to fight back with the tools we have. These people hate us, hate humanity, and want to control all of us completely.

Mike Benz on Rogan. LFG. The guy is brilliant.

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

I promise I will eventually post more fun, light-hearted notes about life and my other interests, but right now we're in the trenches and we've got fight our way to a #Bitcoin standard 🫡

Bitcoin's critics say that it is used by criminals, terrorists, and money launderers.

Bitcoiners say that the biggest criminals, terrorists, and money launderers in the world are the bankers and politicians who enable the fiat monetary system.

I can live with evil people using #Bitcoin. I can't abide by evil, corrupt people forcing me to use their broken money.

We can't expect everyone to be saints, just for the sake of being virtuous.

Most people are driven by incentives. We need to incentivize individuals to be virtuous if we want to have a mostly virtuous society.

Enter #Bitcoin. A hard money that is hard to confiscate and impossible to inflate.

Bitcoin incentivizes the average holder to be virtuous. That is, to be productive, save their money, lower their time preference, and build up their purchasing power over time.

With Bitcoin we can incentivize virtuous behavior. And we can stamp out the institutionalized corruption of individuals and groups that comes with a fiat money paradigm. Clown world dissolves slowly but surely.

Bitcoin does not force you to become a saint, but it does incentivize you to become a better version of yourself.

Isn't it lovely how normal everything seems to be as we move to the brink of nuclear war?

Very few seem to realize what's going on. Very few seem to care.

Happy 33rd birthday to me. Thanks to all my haters, I couldn't have gotten this far without you. Many many more sats to stack 🫡

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All I want for my birthday (Sunday) is $100,000 #Bitcoin

People will save what they want to save, but they will eventually spend their Bitcoin. We all need to have a place to live, food on the table, and clothes on our back.

We won't just hoard Bitcoin and never spend it. If nothing else, we will get bored, and spend some on an experience just to get some novelty in our lives.

The point is, all of those important goods will continue to get less expensive. And the folks who work, and provide valuable goods and services will earn less money on each job but their money will have more purchasing power over time.

Perpetual monetary inflation means fewer and fewer people can afford to live a decent life over time. Every valuable good and service keeps getting more expensive over time.

Perpetual monetary deflation (towards a final, fixed supply) means more and more people can afford to live a decent life over time. Every valuable good and service keeps getting less expensive over time.

Shout out to nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe and his book "The Price of Tomorrow."

This is a complete inversion of the Keynesian, fiat mindset. And probably why so many folks are struggling to understand #Bitcoin. We were all brainwashed by the Keynesians.

The only progress that we really need to measure is how many people on the planet can afford to live a decent life. It should be 100%, and with global sound money, there is no reason why we can't get there.