Technically speaking taxation is extortion. Many call inflation theft as well, but fraud is a better description. That's why I called my book Fraudcoin, which I btw would like to send to you, so you can read it to your kid one day.
I see your point. But inflation is a policy that is inextricably linked to legal tender legislation. And it doesn't in my view help much that you link it to decentralized money.
One can always hope. But I also think it was a faceplant when he made bitcoin legal tender. That's not advocating freedom, as many people believe. On the contrary, it forces people to accept bitcoin, even if they don't want to. As such, it goes against the main message in my book. And bitcoiners who doesn't realize this as a big problem, haven't fully understood what bitcoin is all about. It's short sighted.
Not after he published his obnoxious prison movie. He is high on himself.
People always change for the worse when they have power
I wrote about the implications of open networks (including a lot of content regarding Nostr) for my recent article on Swan. And I'll be republishing it in a couple weeks on my website as well.
https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/
The most significant divide anno March 2023 is between those who understand this article and its importance and those who don't. Fantastic job, Lyn Alden.
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Substack article nr. 2
https://enur72.substack.com/p/why-understanding-the-history-of?r=25xlcp
What will Bitcoin do with the religion we know as Debt?
400 views and 30 subscribers one day after I posted my first article on Substack. Thx, folks!
Thx, let me hear what u think about the book
Wrote this piece for Citadel 21, some of you might haven't read it. Let me know what you think.
I published a new macro article today: https://www.lynalden.com/broke-federal-reserve/
Since September 2022, the Fed has been operating at a financial loss. This article examines some of the ramifications of that. The main result is that money that would otherwise flow to the US Treasury now flows to US banks and money market funds instead.
Sharing it on Nostr today and Twitter tomorrow. ;)
Highly recommended piece by Lyn Alden
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Social engineers are people with hubris, who think they can fix any problem that other people have, manage the economy and plan the society in detail, although they would be uncapable of finding their own genitalia if they were forced to wear a blindfold.
Many people talk about the need for people to study "hundreds of hourd" or even "thousands of hours" before they embrace Bitcoin. I think this can be shortened significantly. Those who read Fraudcoin and the upcoming book on Bitcoin that Mr. PP (not on Nostr yet) and I are working on, will stumble so deep into the rabbit hole that there will be no turning back.
I am a novise here, and don't know why. I see someone has sent me some sats overnight, so it seems like it's possible.
Normies prefer 10 comfortable lies to 1 uncomfortable truth