This entire game is about energy preservation & appreciation of your purchasing power, over medium/long periods of time. Strip all of the economic & financial dogma away, and keep it simple:

Technology is more advanced than ever, yet prices keep going up, as more units of currency perpetuate the system; it never ends.

The idea of an absolutely scarce monetary asset with supply inelasticity relative to demand, tied directly to energy markets with an ever increasing marginal production cost, is so profound, that most dismiss it outright; are repulsed by it even. It breaks worldviews.

A majority of people are so comfortably dependent on the incumbent system, that they will decide defend a ticking time bomb.

A small minority understand the system as it exists from within, yet defend it for reasons of self interest and greed; dishonorable but understandable given the incentives.

The rest are useful idiots, defending the system while being exploited by its very existence. This cohort is definitively in the blast radius, due to their own sheer ignorance and/or incompetence.

On the other side, there exists an intransigent and uncompromising minority of people who have come to understand the ultimate reality of both systems. Economic game theory and a desire for a different rules based order leads them to simply just leave to start playing a different game entirely.

GM #coffeehain

GM & PV #Nostr 🫂🌅🤝🤙♥️

It's Tuesday, time 2 get down 2 bidness...

#Plebhy

Caption this-

There's alot better tasting things. Like some grandaddy purp.

I spent a few days at the MicroStrategy Bitcoin and Lightning for corporations event.

Great event- exceedingly well organized.

Bitcoiners talking to finance, corporate sales, and tech people. Not just bitcoiners talking to other bitcoiners. That is valuable.

Microstrategy announced a sats reward program. They have extensive enterprise software sales relationships that they can use to sell this new product line. It allows businesses to offer customized sats rewards programs for employees, users, etc. So with the software, a company can easily offer sats for employees attending meetings on time, for users writing a review, for users filling out a survey, for meeting fitness goals, etc.

We will see how it goes, but I like this way of thinking. Many people don’t want to spend sats yet, but they do want to earn sats.

GM fam. 💜☕️🫂🌞

Yeah that’s the one. These are the unrealized losses based on the losses value of their bonds and other assets. But the thing is, that’s what’s killing these other banks. They’ve taken*customer deposits* and invested it in there instruments.

So basically *everyone* is insolvent, the only reason it’s not collapsing is because there’s no way to exit, they can only move it to a different insolvent bank.

You seem to be trying to have a completely different discussion, and are injecting poorly-related concepts to try and express a political point of sorts.

The weird thing I notice about some of the people who state they are most opposed to identity politics, is how ironically -- and seemingly unknowingly -- they are enmeshed in extreme forms of it.

If your personal identity is tied to a belief system of any kind, and you consider attacks on that belief system to be a personal attack. And, you tend to constrain your personal relationships to people who share that belief system, you are simply part of identity politics. That is what identity politics is.

It doesn't really matter what the belief system is: if it's progressive or "woke" politics. Or right-wing populist politics. Or even if it's categories like bitcoiner vs nocoiner -- if your personal behavior, and community behaviors fit the definition I laid out in the second paragraph, then you are participating in identity politics.

And yes, identity politics is pretty bad for anything resembling a functioning pluralistic society.

💯💜

Can't stop this train. 🖨

One of the world’s most famous guitar manufacturers releases new guitar as a tribute to #Bitcoin 🙌