Officially out of Ethereum now

ALL IN on BTC

Audiobooks require much more production than simply making the digital file available for the text version. Unless you are buying it as a package with the book, and therefore paying more than for the book by itself, this would not make sense.

The simple version:

Money has the ultimate network effect, and its core values are in TRUST, liquidity, and stability (not price, but supply). The value is not in payments (this has always been served by a million layers on top), wingdings, “smart contracts,” writing stuff on it, or the million other arbitrary “improvements” that a million shitcoins sell people on.

The “crypto” market is something that will consolidate over 30-50 years with the trend we have seen from the beginning. And everything that isn’t Bitcoin will slowly die, in my humble opinion…

ETH will be a particularly bad one. Their “staking” system for “security” is a disaster of permissioned, unreliable nonsense. Trust is the last thing they have built and everyone wants it for hyped up marketing nonsense that has no lasting staying power.

Want the in depth version:

I’ve covered thousands of hours of the history of money, network effects, Austrian economic theory, and crypherpunk history on my show, Bitcoin Audible

Ohhh yes please 🥹

Proud to be a paying customer of Proton (although I've been put on the waiting list, but I'm not complaining).

I never get tired of recommending them. It really one of the very few paid services that I get actual value from.

Isn’t it funny how the self-proclaimed “liberal” governments who warn about the “dangers of rising authoritarianism” are in fact the authoritarians?

Yep running smooth and easy #fuckyoubraiins #opensource #bitaxe #bitcoin