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Notes about Money (₿), Medicine and AI.

At what point do you open your eyes and recognize that we are in unprecedented times?

With the potential of a Central Bank Digital Currency looming, the bond market in a precarious state, the propagation of fear, record levels of debt and leverage, the loss of trust in institutions, and the uprising of the people, it is clear that something is not right.

While all fiat currencies are struggling in a debt spiral doom loop, creating a race to the bottom,

#Bitcoin is the only money that is not subject to the whims of governments or banks, and because of this, it is a safe and reliable form of money that is becoming increasingly popular around the world.

#NOSTR doesn't make you sovereign; rather, it helps you realize that you were born with sovereignty.

#BTC or we eat 🐜

Opt out, #btc

Hard work beats talent when talent doesn’t work hard, and if talent works hard, there is literally no limit.

The Essence of Value:

Understanding Economics Through Menger's Lens

Ever wondered why a diamond is more valuable than water, even though water is essential for survival?

Welcome to the world of Value Economics, a concept molded by Austrian economist Carl Menger.

🔷 The Man Behind the Theory: Carl Menger

He's the genius who revolutionized economics in the late 19th century.

Menger moved us from a focus on the 'inherent' value of goods to 'subjective' value, which relies on human perception.

🔷 What is Value?

According to Menger, value isn't inherent in goods.

It's a subjective assessment we make, based on the importance of those goods for our lives and well-being.

It's a judgment call.

🔷 Economic Goods vs. Non-Economic Goods

Economic goods are scarce, thus in high demand.

Non-economic goods, like air, are plentiful and not competitive.

The keyword here is scarcity. #BTC

🔷 The Utility Factor

Utility is how good an object is at satisfying human needs.

It's the game-changer that transforms something from 'meh' to 'must-have.' 👌

🔷 Marginal Analysis: The Game-Changer

Menger introduced marginal analysis to help us understand the importance of a 'unit' of a good. It revolutionized how we prioritize our needs over a multitude of goods. 🧮

🔷 The Dance of Scarcity

Scarcity forces us to make choices.

We prioritize goods that are scarcest but give us the highest utility.

It's like choosing between that last slice of pizza 🍕 and a salad 🥗 when you're super hungry.

🔷 Value in a Fluid World

The world changes, and so does the value of goods.

Example: oil

It was a nuisance until we found its utility in powering engines.

🔷 Subjective Value: It's All in Your Head

Your needs dictate the value of goods.

It's your world; goods just live in it!

Value arises and disappears with your changing needs and circumstances.

🔷 The Economic Impact

Understanding value helps us make choices that shape our world, from production to consumption, and even to global economics. 💪

♦️ The Mengerian Reset Plan

Recap:

1️⃣ Question the Utility: Assess the real need for goods in your life.

2️⃣ Scarcity Check: Prioritize what's scarce and essential.

3️⃣ Subjective Valuation: Be conscious of your needs.

4️⃣ Marginal Analysis: Understand the worth of each additional unit.

5️⃣ Make Informed Choices: Let the understanding of value guide your decisions.

Things I'm excited about (incomplete list, continued):

-Lightning Network ⚡️

-Artificial Intelligence🤖

-Twitter/X /𝕏

-Nostr and others🟣

-Nuclear energy ☢️

-Consciousness 🧠

-intersection between AI and Bitcoin.

Previous list as well.

What would you add? 👇

For billions and billions of people, this is life.

Are you happy with it? 🤔

You're born, you go to school, you go to college, you get a job, you get married, you have children, you work for almost 60 years, you retire, and you die.

Is that really the way things are supposed to be on this planet?

I don't think so.

And the majority (outside of #Bitcoin and probably some bitcoiners as well) never seriously ask these questions:

What does it mean to be human?

Who is pulling the strings?

Why are we here?

What is this realm we call Earth?

Is it like this on other planets in this universe, or others?

I hope we get to figure things out one day.

Traditional fiat currency is safeguarded by military force.

Bitcoin, on the other hand, is secured through mathematical principles.

Satoshi Nakamoto effectively addressed the Byzantine Generals Problem.

Would you truly want to explain to your children or grandchildren in the year 2040 that you declined the opportunity to save in Bitcoin in 2023?

Blackrock is coming.

Get your bitcoin off binance.

Things that I would love to see in the next couple of months:

1. Passing the 1T market cap again on #Bitcoin

2. BTC decoupling entirely from Nasdaq.

3. Heavy reassurance on the Censorship resistant narrative.

4. #Bitcoin  as a risk-off asset.

This environment is a good test for #BTC .

It was born out of the ashes of the 08' financial crisis.

14 year bull market propped up by QE.

Bitcoins reaction would be a good indicator.

Would love to see a risk-off narrative born out of this...

I love NOSTR 💜

My work breaks consist of scrolling through and writing about #BTC

It's truly amazing to see such wonderful people unite towards a greater future🧡

If you ever referred to early Bitcoiners as "lucky," it might be time to reconsider your perspective.

If you read all the way through, I appreciate it. Please say ‘gm’ in the comments so I know.

It may have taken luck for them to make the purchase, but their commitment to hodl through dips, various narratives, and attack vectors requires courage.

Good morning ☕️ always remember to have a great day!

Always remember this,

The ephemeral purity of a child's innocence, once lost to worldly experience, defies recapture, becoming an emblem of human essence that is ceaselessly threatened by reality's harsh demands.

Preserving this innocence into adulthood is a profound endeavor, a delicate dance on the edge of oblivion, reflecting an eternal longing to reconnect with the simplicity of youth, a task of Sisyphean complexity that resonates deeply in the human condition.

GM🥳

Today we are ready!

Fasting is great (16-18hrs), it raised my sleep to 100%.

How many hours are you fasting?

Let’s get it today, stay diligent! 💚

Fitch Downgrades U.S. Credit Rating - A Breakdown (Buy #Bitcoin)

📉 Rating Drop - U.S. long-term rating cut to AA+ from AAA, signaling concerns over fiscal management and debt-limit standoffs.

🏛️ Legislative Standoff - Weeks of negotiation and a narrow escape from a debt default. Lawmakers battled over borrowing and budgeting, only resolving at the last minute.

💸 Debt Issues - The downgrade is the second in U.S. history. Increasing debt levels, challenges with Social Security and Medicare, and little progress in controlling the costs.

📊 Market Impact - Potential limit on investors buying U.S. government debt. Possible increase in government borrowing costs, though most analysts expect minimal impact.

💼 Official Response - Biden administration criticizes the downgrade, arguing it doesn't reflect the U.S. economy's strength. Treasury Secretary Janet Yellen calls the decision "arbitrary."

🎙️ Political Reactions - Republicans blamed by Senator Schumer for the downgrade. The debt limit agreement cuts spending by $1.5 trillion over a decade but avoids big cuts to sensitive initiatives.

💰 National Debt - Exceeding $32 trillion now, poised to reach $50 trillion by the end of the decade.

Thoughts?

There is not a better moment to buy #BTC; I swear.

Bitcoin is going to unite the world, mark my words.

🇺🇸 "#Bitcoin is hope" (English)

🇨🇳 "#比特币是希望" (Chinese Simplified)

🇪🇸 "#Bitcoin es esperanza" (Spanish)

🇫🇷 "#Bitcoin est espoir" (French)

🇩🇪 "#Bitcoin ist Hoffnung" (German)

🇮🇹 "#Bitcoin è speranza" (Italian)

🇵🇹 "#Bitcoin é esperança" (Portuguese)

🇷🇺 "#Биткойн - это надежда" (Russian)

🇯🇵 "#ビットコインは希望です" (Japanese)

🇰🇷 "#비트코인은 희망입니다" (Korean)

🇮🇳 "#बिटकॉइन आशा है" (Hindi)

🇳🇱 "#Bitcoin is hoop" (Dutch)

🇹🇷 "#Bitcoin umuttur" (Turkish)

🇬🇷 "#Το Bitcoin είναι ελπίδα" (Greek)

🇸🇪 "#Bitcoin är hopp" (Swedish)

🇵🇱 "#Bitcoin to nadzieja" (Polish)

🇨🇿 "#Bitcoin je naděje" (Czech)

🇹🇭 "#บิตคอยน์คือความหวัง" (Thai)

🇭🇺 "#Bitcoin a remény" (Hungarian)

🇮🇩 "#Bitcoin adalah harapan" (Indonesian)

What language would you add? 🤔

The Ripple Effect of the BlackRock #Bitcoin Spot ETF. (You're not bullish enough)

2023-2026:

-BlackRock Spot ETF (Instant 100k #BTC)

-Institutional FOMO

-Small Nation FOMO

-Large Nation FOMO

Price: Unpredictable...

#BTC is inevitable... You should really pay attention if you're not already!

Presidential candidate RFK Jr. unveils plan to back the dollar with #Bitcoin, aiming to abolish capital gains on it too. 🇺🇸💰

USA's adoption of #Bitcoin is crucial.🧡

Upholding property rights nonviolently must become a national priority.

#Bitcoin bolsters freedom of speech, expression without fear of retribution.

It's not that #BTC grants you sovereignty; it simply illuminates the inherent sovereignty you were born with. ⚡️

USA's First Amendment underscores the importance of such freedom, a notion amplified by #Bitcoin. 📜

From asset to network, USA must fully integrate #Bitcoin for a fortified future! 🧡

Unquestionably, this initiative would position USA as a global leader in #Bitcoin, while concurrently rejuvenating worldwide trust in the dollar. 🇺🇸

The Pendulum Is Swinging...

Society will start placing a higher value on honest authentic and transparent concepts:

1. #Bitcoin

2. Traditional, unprocessed meat 🥩

3. The avoidance of cosmetic plastic surgery.

The trends of fake humans, artificial meat, misinformation, and fiat currency have all concurrently surged in popularity.

Congress admits it:

"Maybe we do create money out of thin air, but we're the US Government."

Unspoken truths is being said Out Loud.

The US financial system is intentionally complex, masking a Ponzi scheme of issuing new debt to pay off old debt. When no one wants to buy the new debt, it's bought with printed dollars out of thin air.

Altcoiners and the US government both create "money" from nothing.

1/ The uniqueness of Bitcoin

Only #Bitcoin is NOT created out of thin air.

Bitcoin is generated through Proof of Work, a process that requires significant computational resources & energy, giving it real value.

This will get WORSE with CBDC!

2/ The Founding Fathers' vision

The Founding Fathers of the United States 🇺🇸 had a vision of a prosperous nation that would protect citizens' rights & freedoms.

A Central Bank Digital Currency (CBDC) would've enraged them.

3/ Constitution's blind spot

The Constitution, written in a time when physical cash dominated, misses the mark on monetary control in the digital age.

Now, digital payments are the norm & a central authority is needed for system efficiency.

However, this comes at a cost to individual freedom & privacy.

4/ Weighing the risks of CBDCs

CBDCs pose significant risks to individual rights & the balance of power between citizens and government.

Citizens must decide if a central bank-controlled digital currency is progress or regression.

In my view, it's a step back - #Bitcoin offers a better solution. 🧡

We Really Need More Self Custody in #Bitcoin!

We need to educate a lot more on this topic,

Put your #BTC in Cold Storage,

No paper #Bitcoin,

The financial institutions (Banks) find themselves submerged in insolvency. 🏦

#Bitcoin fixes this.

Save in #BTC, put it in cold storage, not a drill! 🌪️

#Bitcoin is an exciting technology that, if embraced, has the potential to revolutionize our socio-economic landscape.

#BTC is an incorruptible digital bank 🏢, offering a global, affordable, simple, and secure savings account to billions of people.

Opt out, #btc is a potential solution for many of the problems that we are facing in this decade. 🧡

‼️ Get Yourself a Ledger Nano now with Free Shipping until May 23!

Use this link: http://shop.ledger.com/?r=ebb568a85d5f

Save your future!

Nostr is designed for deep thought and introspection, unlike Twitter.

This morning, I sat down to ponder some unanswered questions that persist for our human species.

With the advancements in technology that are expected in the next few years, many mysteries will be unveiled.

What is dark energy, and how does it influence the expansion of the universe?

What is the nature of dark matter, and how does it affect the formation and evolution of galaxies?

Are there undiscovered fundamental forces or particles in the universe?

What can the study of gravitational waves teach us about the cosmos and its origins?

Is it possible to reconcile general relativity and quantum mechanics in a unified theory of everything?

How do black holes form, and what happens at their event horizons?

What is the role of cosmic inflation in the early universe, and how did it shape the universe we see today?

How do stars form, and what processes govern their life cycles and eventual deaths?

Are there other habitable planets beyond our solar system, and what are the conditions necessary for life to emerge?

Is faster-than-light travel or communication possible, and what implications would this have for our understanding of space and time?

How common are exoplanets, and what can they teach us about the formation and evolution of planetary systems?

What is the ultimate fate of the universe – will it continue to expand forever, or will it eventually contract in a "Big Crunch"?

Bridging the Gap: #BTC & #USDT

A comprehensive understanding of #Bitcoin and #USDT is crucial to navigate the complex world of this ecosystem.

Let's discuss their unique roles, strengths, and weaknesses to foster a more nuanced conversation.

With the recent hike in fees we must dedicate our time to educate the masses into knowing what #Bitcoin is truly about.

@Bitcoin

: Censorship Resistance & Inflation Hedging

As we all know, Bitcoin is a decentralized digital money offering censorship resistance, long-term inflation hedging, and other beautiful benefits.

It's valuable in countries facing failing regimes, currencies, and capital controls.

Its technology continues to evolve like no other.

USDT: A Stablecoin Solution

USDT is a stablecoin pegged to the US dollar, providing stability in value compared to volatile US dollar.

It's a short-term solution for people in countries with unstable currencies, such as Argentina, Palestine, and parts of Africa.

Who do not understand #Bitcoin as a whole and don't have time to navigate the nuances.

Long-term vs. Short-term Needs

#Bitcoin is suitable for long-term investment and hedging against inflation, while USDT addresses immediate monetary needs by providing stability in value.

Understanding their respective roles helps users make informed decisions, in the present.

Navigating Technological Limitations

Bitcoin's technology may not have scaled as quickly as some hoped, but it's crucial to educate users about current limitations, such as fluctuating exchange rates and fees.

Empowering users to navigate these challenges allows them to benefit from #Bitcoin's unique advantages.

Moving Beyond Binary Arguments

The cryptocurrency community should focus on educating users about the complexities of digital currencies instead of winning ideological arguments.

This approach fosters inclusive and productive discourse, leading to more informed decision-making.

We need to Emphasize Education

Bitcoin is challenging to learn, but providing education and support for users is essential to realize its full potential.

Teaching users about various layers, scaling, and other aspects of Bitcoin helps them make informed decisions and contribute to the ecosystem.

This is specially for Third World Countries

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@mdbitcoin

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Comment your thoughts below,

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Stay Informed, Stay Prepared.