In fiat/clown world, being offended is being correct.
I'm intensely interested in what happens when Argentina eliminates the central bank. What does dollarization actually do to an economy?
In this episode I talked to @profstonge about Inflation, unemployment, 70's and much more. Find out how he sees the next few years playing out and the inevitability of a hard, possibly very hard landing.
#Bitcoin Fixes This #115
https://rumble.com/v3xj69j-bitcoin-fixes-this-115-stagflation-wit-peter-st.-onge.html
Running Umbrel
I think CBDCs will accelerate Bitcoin Adoption significantly.
Programming Blockchain is back!
Next class is in Dubai in February. Learn what hundreds of developers in the Bitcoin ecosystem have learned. Bare metal, first-principles, coding based 2-day seminar. 1st time in over a year!
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I find the AI safety stuff so incredibly cringe.
They are scared of what they don't know. All new tech has that property, like electricity, cell phones, microwaves and even writing. This is especially the case in a fiat system where Luddites can not just FUD everything, but steal from everyone else to do it.
The doomerism is a projection. They feel their own influence and market power diminishing and project that out onto the rest of society. But of course, that's not how it works. AI will be a great tool for humanity, but it can easily get stifled like nuclear energy through regulation. We must not let that happen.
For free subscribers: Goodhart's Law Ruins Lives, Modern Art is a Psyop, How to navigate Health Care and more!
For paid subscribers: Shamir, Peer Memory Usage, Bitcoinize, Stagflation Incoming and more!
Bitcoin Tech Talk #371
There's a difference between businesses that solve peoples' problems and businesses that exacerbate them.
Sadly, fiat rewards the latter more than the former, with all the attendant rent-seeking.
A board of directors is a trusted third party.
They're great when you trust them, they suck when you don't.
Citi employs 240,000 people.
That's a lot of rent-seekers. In just one company. In just one industry that's not the government.
And you wonder why you're working 50 hour weeks...
99% of VC money is controlled by:
* non-technical people
* technical people that can't bother to do real due diligence
* technical people that are fine being scammers
The incentives of fiat money are horrendous.
In this clip @MeatMafiaHarry explains how food has been cheapened by the debasing of the soil and ultimately, how that was caused by government subsidies.
https://rumble.com/v3wb22a-harry-on-cheap-food-processes-and-government-subsidies.html
I talked to @JoinCrowdHealth's Andy Schoonover and @VeronicaPikeFNP to talk about the health care system in the US and why you should be a lot more skeptical of its recommendations.
Your phone has a piece of you when you hold it and doom scroll.
How would you make a meme that shows decentralized digital scarcity?
Not ironic. It's automating something that's drudgery.
The palestine/israel thing is so obviously trying to get Republicans bloodthirsty. And the pro-palestine protests are so obviously astroturfed.
Yet, Republicans will fall for it and Nikki Haley will be their champion.
In this clip, @MeatMafiaBrett explains how we don't understand food and his personal journey to a carnivore diet.
https://rumble.com/v3vokg1-brett-explains-how-food-is-medicine.html
Why do we buy junk?
Because the status games we're forced to play. In a fiat economy, the status games are all funded by debt. So-and-so got a new phone, now I do, too. So-and-so got a new car, now I have to as well. So-and-so got a new house, sent their kid to a particular college. All the status games are fueled by bringing consumption forward.
Status games are by nature zero-sum and very high time preference. Yet people play them because they're social animals.