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Eric FJ 🪬⚡️
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De-commerce evangelist. Let’s build the Bitcoin circular economy together. Running nostr:npub1nkfqwlz7xkhhdaa3ekz88qqqk7a0ks7jpv9zdsv0u206swxjw9rq0g2svu Check out our alpha release: https://alpha.conduit.market/ ⚡️🪬💜 Nostr only 💜🪬⚡️

TBH I will lose patience for many of them who don’t make the jump eventually. This will be a nice bullshit filter as time goes on. Put skin in the game. #nostronly 🫡

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Awesome post, thx. I got told to read Adam Smith when I tried to explain the concept of switching monetary denominators to someone. Like trying to tell a fish they are wet. Maybe I could send them this. — This is a comment on: https://yakihonne.com/flash-news/

Never forget this part - transactions secure the network long term. Hodling isn’t enough. #zap zap baby.

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As soon as it leaves a hard money standard I suppose they might say to themselves, “we’ll pay it back sometime” or “it will be worth it” which are ultimately lies so not sure how you can start being honest from there. I’m sure there’s honest people within the system somewhere, but I’d argue a naive actor within a fundamentally dishonest system doesn’t make them truly honest.

Good morning! We’re so early.

I always remember the scene in Narcos where they were fixing an election. By gaming the results and announcing them from one early reporting area, they hoped to discourage voters from participating in later reporting districts. This is the same game.

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I repeat: more #bitcoin buyers below $50k than there are S&P buyers below $5k

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Replying to Avatar HoloKat

At what point do they just shut the doors on this company?

Purple pilled someone this evening - got them on @primal ez pz

He likes TA tho. If you see this Teddy, we can still be friends.

#grownostr

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If your unit of measure is dollars i then sure whatever, but the word “value” is a lot broader- especially because I’m talking about timelines longer than the dollar has even existed. Before modern Finance 201 or Econ 101. Gold was once the base unit of measure as were other things. Bitcoin may one day be. USDT etc are literally promises to a unit on a ledger. That’s not a store of value in any sense of the word outside of these textbooks you’re referring to. You could also say they sold out of Tether into Bitcoin. Everything is relative to your base unit of choice.

This is called hedging your bets and it would be smart for Bitcoiners to continue to engage the party they don’t think will/should win

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