it's akmost as if the ETF is by fiat.
Bitcoiner = node runner
Explaining bitcoin to a normie is like building the east west railroad. Talking about payments and savings separately until the two concepts meet.
Bitcoin isn’t fighting. It’s doing nothing. Not growing, not degrading, not subject to any agenda. This doing nothing is exactly why it is the best neutral reserve asset.
Money won’t be much of a thought on a Bitcoin standard. It will simply be the lubricant of markets. Nobody notices the lubricant if it’s working properly. Everyone will just take actions towards their contentment with no layer of worry towards their savings being stolen.
The degree to which something is substantive is largely determined by how difficult it is to change. By that measure the bitcoin ledger is more difficult to change (without a private key) than any other known substance.
Bitcoin is more real than other things for that reason however it also only comes into existence once every ten minutes for a split second. So most of the time there is zero surface area to Bitcoin at all.
Being an open network it’s not limited to humans.
the Bitcoin economy will involve all builders opting to build on open systems that can connect to other open systems rather than build on an economic software infrastructure that is fundamentally unstable because people profit through cycles of destroying and rebuilding the infrastructure.
A Gaults gulch of brain drain will occur out of the closed systems.
Just generally talking about the whims of the US dollar short term is pretty silly when there is so much engaging and useful discussion to be had about building the Bitcoin economy.
Bitcoin cannot be understood by comparing it to things we already understand.
Bitcoin is engineered to be the stable zero point of value, the only reason it seems to valuable is because most things we allocate to in fiat world are on the negative end of the value number line. Bitcoin is already at zero because it is the discovery of economic zero.
Everyone needs bitcoin but we need to not sugarcoat the situation. Hard money will take time to fix the decades of capital misallocation. We need to transition into value oriented productivity to get back to abundance.
Why does one incur a gain on an asset when selling it for a higher dollar value when the purchasing power of those dollars is actually net negative to the purchase price of the asset? Capital gains tax being nominal seems kinda scamy.
The balance of reality feels unstable to those who live in a fiat wind.
Surround yourself with people who feel like they have a lot of optionality even when the fiat economy collapses,
We understand what most new technologies are but we often don’t understand their importance. With bitcoin we who engage with it clearly understand the importance but spend years and years trying to understand what it is. Fire is the only other example of this that comes to mind.
Ai is not the productive miracle to fix the debt / GDP ratio. Undistorted markets are the productivity miracle. Facilitated by bitcoin. Unleashing the super intelligence of a fully connected, single layer, accessible market to guide people towards the expanding edges of value oriented productivity.
Is my rate limit reached on nostr yet?
Think back on all of history and instead of "thou shall not steal" put in "thou pretty much can't steal".
I'm more excited about bitcoin than I was yesterday. Everyday
