the context: i quit coffee and have instead been drinking 3 raw eggs with salt in the morning (crack em in a glass and just stir it for a bit)

i eat beef with more glasses of eggs throughout the day. steak, etc.

i feel incredible. tons of energy, focused, my sleep is amazing. i feel way better than i do when not doing this. pretty crazy

Welcome to American capitalism with Chinese and Argentine characteristics. Play emerging market games, win emerging market prizes.

We've engineered an open source exit door: Bitcoin

The opportunity to exit is equal, but it gets more expensive with time. The choice is yours.

Need to get so fired up you can run through a brick wall?

Watch this section of maybe my favorite Andreas talk

“Money as a System-of-Control” and the four properties of money

GM.

Chapter 13 of Broken Money is called "Heavy is the Head that Wears the Crown".

It focuses on the US trade deficit and why it arises structurally. In short, since the USD is the global reserve currency (for reserve assets, international contracts, FX trading pairs, and cross-border funding), there is tremendous automatic demand for USD in the world compared to other fiat currencies.

To supply the world with that ever-growing need for USD to service all sorts of needs, the United States runs structural trade deficits with the rest of the world. That's how the USD spills out to the rest of the world for them to use. And the mechanism for that is that the overvalued USD boosts Americans' import power, reduces Americans' low-margin export competiveness, and basically forces open that trade deficit.

That trade deficit is the cost of maintaining the benefits USD system as currently structured. The fatal flaw is that those who bear the cost (e.g. industrialists in the Rust Belt) are not the same as those to gain the benefits (e.g. Wall Street and Washington DC folks). And those costs and benefits accumulate over decades, resulting in rising populism and pushback, which is now front and center.

The challenge that the administration faces is that they have identified a real problem, but are tackling the surface issues rather than the underlying structural issues.

Anyway, I uploaded that chapter 13 on my website for free reading:

I agree with this take.

I would add that connections matter. I see many people on Nostr say that blue-checks still use Twitter mainly for audience reach. They’re addicted to the reach, and so forth.

While I do love the dunking on blue-checks overall (as a blue-check myself, it amuses me and you should keep it coming), I’d point out that it’s more than that.

When I was temporarily locked out of my 700k+ follower permissioned account on Twitter, I didn’t lose sleep over not being able to broadcast to people. I have email lists and other mechanisms for that, where it economically matters.

What I lost sleep over is that I couldn’t see my friends’ posts or DMs. The *receiver* side of it all.

Similarly, when people ask me why I don’t just leave Twitter and be Nostr exclusive, that’s the reason. My friends aren’t just bitcoiners; they’re also tradfi people. Twitter is where they are. Leaving that network would mean leaving friends. Would mean not seeing their content.

-Twitter is the fastest news source. I literally monitor it as part of my research process.

-Twitter is where my friends are. The tradfi community isn’t on Instagram or TikTok or Facebook. It’s on Twitter. Bitcoiners too. I’ve been open here on Nostr about dealing with isolation when my husband has had to be in Egypt longer than normal due to a construction process, and my social media life, both here and on Twitter, has been helpful for me at dealing with that. The sheer amount of people I know on Twitter, and the rapidity of responses, is really powerful.

That network effect is so strong. It’s generally not optimal to try to attack it directly.

Instead, you need to build and popularize things that *can’t* be done by Twitter. Zaps are the go-to example. But also using the social graph for non-social media things (ie reviews). Be a compliment to Twitter that a user *also* needs, rather than trying to convince a user to leave Twitter and join Nostr.

That’s how you win. How we win.

A good advert for why Nostr is preferable to X/Twitter.

Many solid replies, though the opinions range they are well articulated. A similar post on Twitter would be met with a MAGA pile on - "Why don't you send your kids to the front lines", "Zelenskyy is the worst, Putin wants peace"...

It is just a puke of bots, AI accounts, trolls and idiots. X/Twitter replies have lost all meaning, it is just 8Chan on crack, weaponised ideological idiots and propaganda.

Nostr for the win!