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jimmysong
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Bitcoin Expert Open-Source Coder Follow me to learn #BTC Author of 5 Bitcoin books Fiat Ruins Everything: https://fiatruinseverything.com PGP: C1D7 97BE 7D10 5291 228C D70C FAA6 17E3 2

I think most atheists are cowards. This isn't just my opinion, but also that of Nietzche. They take on most of Christian morality without God, and can't justify the morality that they subscribe to.

But in a sense, the philosophically consistent atheists are even worse. They are sociopathic in their pursuit of power. But at least I can respect them.

In this episode, @PrestonPysh joins me to talk about the root of violence being theft, and the root of theft being the bad settlement currency.

#Bitcoin Fixes This #109

https://youtu.be/YWCorlvwil4

In this clip @AaronvanW explains how journalism has changed due to the internet and how the profession has changed.

Full Episode Here: https://www.youtube.com/watch?v=T7mBKphtkKY&t=41s

We have the protocol, but that's nothing without builders.

The price of things going up is largely inflation. But for things that are government subsidized/regulated/mandated like health care, there's also the bureaucratic industrial complex that grows around it. Prices on those things will continue to go up with almost no end as the bureaucracies around them will keep getting more and more expensive and beat even the monetary expansion rate. This is often the part of the inflation that's not just hidden in the CPI, but unavoidable in many ways.

Remember that wars are always created and engaged by the assholes in charge, not the individuals in the populace. Sadly, they're the cannon fodder that suffer and get manipulated to the authorities' advantage.

I stand with the people, not the jerks in charge.

For free subscribers: Rome, Illusion of Explanatory Depth, New Media, Slaying S*itcoins and more!

For paid subscribers: BIP324, Taproot Channels, Belt and Road, Obscura and more!

#Bitcoin Tech Talk #365

https://jimmysong.substack.com/p/bitcoin-tech-talk-365

Everyone has their Bitcoin regret stories.

I could have bought at $x, think about how rich I would be now!

Sad fact is, if you bought at $x, you would have sold at $2x or $5x dollars and you'd have an even worse regret story.

Be grateful that you got in when you did and held what you held.

Just how many people did SBF bribe?

The whole case looks so open and shut, yet there's a completely different narrative in the mainstream.

The people that want to trust government are the people that are least trustworthy. They project their own lack of character on others and depend on authority to fix it.

Hillary Clinton floating the idea of "re-education" for Trump supporters...

They're seeing how far they can go before there's pushback. If you give them an inch, they'll take a mile.

I talked to @AaronvanW and @DavidFBailey about New Media and how the landscape has changed and continues to change:

https://www.youtube.com/watch?v=T7mBKphtkKY

In this clip, @ODELL on how meeting people in person helps in building.

https://youtu.be/favBmviD6Fo

We really don't mock the altcoiners enough.

Free issue for the first Monday of the month!

Marginal Users, Boomers, Gen Z, TGFB Meetup, Undetectable Selfish Mining, Payment Splitting, BTC Perception Survey, and a lot more!

#Bitcoin Tech Talk #364

https://jimmysong.substack.com/p/bitcoin-tech-talk-364

Minimum wage is a product of inflation. When wages keep debasing, people demand intervention. It's a stupid intervention, to be sure, but it's one that politicians can promote to get votes.

Unemployment is a product of wage controls. Little known about the Great Depression is how Hoover and Roosevelt both lobbied large companies to keep wages high. Wages need room to come down during downturns. Free markets need normal supply and demand, not artificial ones imposed by elites that think they know better.

Both of these things result in a more socialist policy where the government controls far too much of the economy and ruins it. In the end, the newly printed money creates these perverse incentives.

When money breaks, nobody works.

I think we're halfway there. Lots of people don't work and a large portion of those that do are rent-seeking, which is even worse.

In this clip, @willcole describes the bleak future of those that forego children.

https://youtu.be/COXoLhJsKeU

The Legacy of Feinstein

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Feinstein has passed away. Her political career parallels that of Biden, serving as a figurehead for forces operating behind the scenes. Despite a career solely in public service, including roles as a regulator, mayor of San Francisco, and U.S. Senator, her net worth as of 2018 was $87 million.

She exemplifies the Cantillon effect, where those closest to money creation benefit the most. Her long tenure in power likely stems from a desire to perpetuate this financial advantage. The wealth she amassed didn't just come from U.S. taxpayers; it also impacted some of the world's poorest and most vulnerable individuals. The expansive reach of the U.S. dollar has global consequences.

While mainstream media may portray her as a saintly figure, it's essential to scrutinize her actions, which should. be described as thievery and fraud.

She is what is a symbol of what's wrong with the system, why fiat money makes everything so political and why undeserving people like her get to rent-seek and make tons of money at everyone else's expense.

Thankfully, there's a way out, and that's Bitcoin. Only by taking away the power of money printing can these thieving oligarchs be stopped.