“Man is subject to the passing of time. He comes into existence, grows, becomes old, and passes away. His time is scarce. He must economize it as he economizes other scarce factors. The economization of time has a peculiar character because of the uniqueness and irreversibility of the temporal order.”
—Ludwig von Mises
“Value is thus nothing inherent in goods, no property of them, nor an independent thing existing by itself. It is a judgment economizing men make about the importance of the goods at their disposal for the maintenance of their lives and well-being.”
nostr:npub1earna05hx6ax38r33h3atmecjzdu547m8suw87w70aw6mlyga4hsqcja5j Hey ZBD, can you clear something up for us.
How did you best Apple at their own game & get around the zap restriction on notes?
Amazing work there. Who is backing your company? What fee’s do you pay to Apple? Do you share your users zap info with any third parties? Maybe advertisers?
Great questions.
This is something you may want to listen to.
I’m convinced that some folks who call themselves Bitcoiners have never (since they learned about Bitcoin or otherwise) studied/researched economics from the Austrian school of thought. If they had they wouldn’t be so tightly wound up in their political agendas.
“Value is thus nothing inherent in goods, no property of them, nor an independent thing existing by itself. It is a judgment economizing men make about the importance of the goods at their disposal for the maintenance of their lives and well-being. Hence value does not exist outside the consciousness of men. 13—Carl Menger”
— Principles of Economics by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
Ammous
“Humans are constantly seeking to improve their own situation in life, and it is futile to mandate that they act against their interests. Mandating laws against humans’ self-interested nature does not change human nature; it reduces the incentive to behave legally and so destroys society’s respect for laws. This”
— Principles of Economics by @Saifedean Ammous
I participate in a book club. November I made the recommendation that we read The Fiat Standard by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak They don’t know yet that their philosophies and Ideologies will be challenged and uprooted.
We have long since entered an era where people don’t read and follow directions properly. Having a live person giving directions to folks who need instruction is one of the ways that would help educate people.
Four pillars of deep nutrition
1. Fresh food (not only vegetables but animals; don’t overcook)
2. Fermented food (cheese, salted meat: original ‘fast food’)
3. Meat on the bone (for connection tissues and joints)
4. Organ meat (liver and everything)
Must avoid industrial wastes: seed oil and sugar
1. Seed oil (polyunsaturated fat) + oxygen = disease (heart attack)
*However, Saturated fat is essential
2. Sugar: no nutrition so it makes you crave more (stronger addictive than cocaine)
“Health is wealth; the real wealth is the connection to nature”
"Fake degrees to get fake jobs to eat fake food! That's the fiat world"
Thanks nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
In the fiat standard by #[0] he makes solid points about how the food industry pulled a bait and switch from a meat diet to a grain/plant based diet. However someone will have to give me more insight into how/why they believe farm raised cattle full of antibiotics and other disease is “healthy”. If I raised my own cattle and could verify it’s health I’d feel better about the nutritional value eating cattle provides.
The profession of teacher is insane. You don’t establish expertise and build an audience of students. You just get hired and have it all there for you.
It’s as Fiat as it can get.
In contrast, look at how nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak became a teacher in Bitcoin.
Wrote a seminal book, and 2 others to aid his educating. Built a website and offered his courses practically for free. Grind with a seminar group every week whether or not there are guests or interesting topics to discuss. Grind for hours on other peoples podcasts.
Teachers need to build their professorship. It’s the only way we have education.
That’s not actually how it works. But I think I get what you’re trying to relay.
Great Bitcoin 101 reading from nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
Spotlight takeaways:
— Bitcoin is the only decentralized peer-to-peer store of value system
— Proof of Work blockchain is electric power converted into immutable contracts
— Bitcoin may fail, depends on adoption
— Bitcoin provides an alternative to monetary inflation from centralized fiat-mills (much as gold has done historically)
One down on my bitcoin basics reading list✊📚👀🤓 
I have all three of #[0]’s books. I’ve read the #bitcoin standard and the fiat standard. I’m currently reading principals of economics. I highly recommend all three books!
Lagarde on the coming CBDC for Europeans.
She might as well live on another planet as she’s got no connection to reality on this one. https://nostr.build/av/dc6ee073b7c5d0234fe6afaa8780cd90017c45ad92b122257426006d59431958.mov
These people have no idea how economics work. Or they do know how it works and they’re hoping the citizens never find out. Either way…none of what she’s saying makes sense or will it be good for privacy or freedom of the citizen.
stay away from
The news…you’ll be healthier.
“JP Morgan CEO Jamie Dimon spent many years derisively dismissing bitcoin, but his own daughter bought bitcoin and outperformed his bank stock, and now his bank is offering it to their clients.”
— The Fiat Standard: The Debt Slavery Alternative to Human Civilization by @saifedean Ammous
“Bitcoin is the world’s first digitally scarce asset and the first liquid asset with strict verifiable scarcity.”
— The Fiat Standard: The Debt Slavery Alternative to Human Civilization by @saifedean Ammous
“Money is only as efficient as its ability to resist debasement. The better it is at resisting debasement, the more it will be valuable.”
— The Fiat Standard: The Debt Slavery Alternative to Human Civilization by @saifedean Ammous
“As always in matters of human action, theoretical debate cannot substitute for, or overrule, the outcomes emerging from human action. Engineers, economists, and politicians may have strong opinions about what is a useful or wasteful monetary system, but the only actual answer that matters is the one that humans offer with their actions, in the goods they consume and produce in response to the market reality offered by these technologies. Intellectual arguments are very cheap, but actions are very costly.”
— The Fiat Standard: The Debt Slavery Alternative to Human Civilization by @saifedean Ammous
“The march of human progress and civilization is the march of capital accumulation to produce more output per unit of effort expended by a human being. The more capital is accumulated, the more productive humans are, and the lower the marginal cost of the goods produced.”
— The Fiat Standard: The Debt Slavery Alternative to Human Civilization by @saifedean Ammous