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dagwood
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Everbody working for or being looked after by the govt.

What could go wrong.

It’s honestly depressing watching Australians scream about “save Australia”, wave flags, rant about migrants, Muslims, boats, borders, whatever the fuck the Murdoch headline of the day is, while completely missing the actual 500-pound gorilla standing in the lounge room eating all their groceries.

It’s not immigration.

It’s not refugees.

It’s not some family from overseas trying to survive and make a better life here.

It’s neoliberalism (if you don’t know look it up).

It’s corporate capture.

It’s an oligarchy dressed up as a free market.

Australia is getting robbed blind and not by migrants, but by billionaires, mining giants, banks, insurers, and media barons who’ve convinced half the country to punch sideways and downwards instead of looking up.

We dig up iron ore, coal, gas, lithium, gold, and ship it overseas by the boatload, and the Australian public ends up with jack shit. No sovereign wealth fund worth a damn, no long-term savings for future generations, no real protection from cost-of-living shocks.

Norway taxes the living shit out of its resources and ends up with a multi-trillion-dollar sovereign wealth fund that pays for healthcare, pensions, education, and future stability of the country.

Australia says, “Nah, mate, let’s give it away cheap, collect crumbs, and let Shell, Glencore, Chevron and their mates walk off laughing.”

There was a year where regular Australians paid more income tax than multinational oil and gas companies that made tens of billions of dollars here. Tens. Of. Billions. And they paid pennies in return. That’s not an accident. That’s policy. That’s lobbying. That’s bought-out politicians.

Meanwhile Murdoch and Kerry Stokes crank the fear machine up so hard your uncle thinks the reason his rent doubled is a refugee family, not a housing market turned into a casino by banks, developers, and politicians who all own countless investment properties.

Cost of living didn’t explode because migrants showed up.

Housing didn’t become unaffordable because someone speaks a different language to you.

Wages didn’t stagnate because of diversity.

It exploded because:

• Corporations price-gouge

• Banks rake in record profits

• Insurers jack up premiums

• Supermarket monopolies squeeze farmers and consumers

• Mining companies export wealth and import excuses; and

• Governments refuse to tax them properly

And instead of uniting over that, Australians are being played like a cheap poker hand, fighting each other over scraps while the real money gets siphoned offshore never to be seen again.

That’s the con.

“Be a patriot.”

Yeah, great. Then act like one.

Patriotism isn’t screaming at migrants.

Patriotism is demanding all Australians actually benefit from Australia’s natural wealth.

Patriotism is taxing our resources, breaking monopolies, properly funding public services, and making sure working people aren’t getting milked dry while billionaires pay less tax than a tradie.

Australia doesn’t need saving from immigrants.

Australia needs saving from being sold off piece by piece while we’re distracted arguing over culture-war bullshit.

That’s the real problem.

That’s the real enemy.

And until people wake up to that, we’ll keep fighting over meagre crumbs while the table gets cleared.

Repost from unknown author - March Australia.

Merry Christmas to you sir.🎅

Gm 👍Merry Christmas!

How many days will it be before the next Trump shitcoin??😆😆😆🤡🤡🤡

Must be a slow news day.

I seen something about trump being dead,then playing golf,talk about making something out of nothing.

I suppose some people have to earn a living.

I asked ChatGPT:

Will increased data capacity accelerate innovation or dilute Bitcoin’s focus as sound money?

ChatGPT responded with:

This is a deep and timely question, especially with current developments in Bitcoin's protocol and surrounding ecosystem (e.g., Ordinals, Layer 2s, scaling debates). Let's break it down:

⚖️ The Core Tradeoff: Innovation vs. Monetary Purity

Bitcoin’s original design is focused on being sound money—a decentralized, scarce, censorship-resistant store of value. But as Bitcoin's data capacity increases (e.g., via larger blocks, inscriptions, or Layer 2s), there are real questions about how that affects this monetary purity.

🔼 Argument: Increased Data Capacity Accelerates Innovation

1    Programmability: More on-chain data allows for richer applications (e.g., NFTs via Ordinals, decentralized identity, smart contracts).

2    Wider Use Cases: This could expand Bitcoin’s utility beyond just "digital gold," potentially increasing adoption.

3    Developer Incentives: Bigger data capacity attracts developers and experimentation—akin to Ethereum's app ecosystem.

4    Sustainability: More use cases could support higher fee markets post-block subsidy, improving long-term security.

Example: The rise of Ordinals in 2023-2024 sparked a wave of development and renewed interest in Bitcoin from younger dev communities.

🔽 Counterargument: It Dilutes Bitcoin’s Focus as Sound Money

1    Increased Complexity: More data = larger blocks = increased costs for node operation = centralization risk.

2    Security Risks: A more complex protocol surface invites attack vectors and bugs.

3    Philosophical Drift: Bitcoin's ethos is minimalism and monetary maximalism. Innovation can be a distraction from these principles.

4    Blockspace as Sacred: Blockspace should prioritize financial transactions, not JPEGs or "junk data."

Example: Critics argue Ordinals clog the mempool and raise fees, hurting users who rely on Bitcoin for basic transfers in developing countries.

🧠 Strategic Consideration: Is Bitcoin a Protocol or a Platform?

•    As a protocol: Bitcoin remains narrowly focused, minimal, hard money.

•    As a platform: Bitcoin evolves into a base layer for broader innovation.

This debate is ongoing. Ethereum chose the platform route; Bitcoin has historically leaned toward the protocol approach. The introduction of more data could blur that distinction.

🧩 Possible Middle Grounds

1    Layer 2 Solutions (e.g., Lightning, Runes, RGB): Offload complexity while preserving the base layer’s simplicity.

2    Covenants (e.g., OP_CHECKTEMPLATEVERIFY): Enable smart contracts without bloating the chain.

3    Fee Markets: Higher fees due to more demand for blockspace could reinforce mining incentives without compromising soundness—if managed well.

🧭 Conclusion

Whether increased data capacity accelerates innovation or dilutes focus depends on how it is implemented:

•    Careful, conservative upgrades could enhance utility without violating Bitcoin’s core principles.

•    Aggressive expansion risks turning Bitcoin into something it was never meant to be—and losing the trust of those who value it as hard money.

The tension between innovation and soundness will define Bitcoin’s next decade.

https://youtu.be/hCRlXwKnm9g

Way to sit on the fence chat gpt

Right on the money as always!GA👍

Give the government a fish and they will sell it to the highest bidder line their pockets and feed the people.

Teach a government to fish and they will mandate that the people must fish,drain the lakes to catch them,trawl the seas until none are left,

sell it to overseas countries,then blame the people for there being no fish left.