Sad

Have they mentioned any specific countries to consider getting residency or citizenship?

Based on a very limited research I have done, it is not easy. Either very expensive, or impossible, or we are talking about counties that are... not necessarily role models of the rule of law and respecting rights.

And Madeira needs to follow the EU regulations, I guess...

So this hub of Bitcoin friendliness is... at risk?

Thank you, yes I watched it years ago, just wanted to remember the title, or maybe even watch again

Have a great day

What was the title of this movie?

Speaking of objective morality, I recommend people read Ayn Rand. She defined it.

Super interesting.

Looks like it correctly describes the history.

But, is it going to continue to describe the reality, in the future?

Will its price prediction come true?

I think it may, or may not.

There is so many factors driving BTCUSD exchange rate...

But yes, definitely interesting and optimistic for Bitcoin early adopters.

Are there any reasons to think this model may be right?

Like, there were reasons that sounded good, for stock to flow model, but it failed.

Is there some rationale, other than curve fitting, for this model?

I'm just trying to learn.

I will be rich in 10 years of this model is right 😃

At least nominally, because, another question is, even if this model is right, what will be the purchasing power of $100,000 in 10 years...

Anyway, I think we simply don't know.

But interesting. Thanks for sharing.

I know it is the right thing to do, yes.

Thank you. Great points.

I appreciate what you are doing.

Yes, I do want to, and I will resist as well.

As defined by your examples.

I will probably do less, to be honest, but yes, inspired and will do my small part.

This is seriously something I am wondering about.

If Bitcoin price is one million dollars one day...

Is it going to be because the real purchasing power and value of Bitcoin has do dramatically increased... and we bitcoiners are super wealthy...

or is it because of dollar hyperinflation...

In which case, for 1 BTC worth 1 million dollars, I can buy stuff worth $30,000 today...

And we bitcoiners are as wealthy as today, and we have successfully protected and secured our savings. But we are not more wealthy. We just have avoided a loss.

Which is of course also a good thing.

The reality will likely be a mix of the scenarios above.

I agree 100 percent.

At the same time, holding Bitcoin also had risks. Different risks.

Beyond the obvious, volatility or theft, which are easy to manage, basically accept volatility and allocate accordingly and use cold storage and backups, there are also, at least I see, looming risks...

Government ban or heavy taxation. I know, I know, they cannot effectively enforce it, but they definitely can make our lives harder, force us to hide, to sell Bitcoin at discount on some dark markets, etc.

I hate to say it.

I hope it will not materialize.

But I do see it as a risk of having Bitcoin.

Am I wrong? I'd very much like to be wrong on this.

And, by saying resist, you mean doing... specifically what?

To be clear, I agree with your sentiment.

I just wonder what an ordinary person can do, beyond stacking some sats, not voting for the worst of them, etc.

What else? I'm not starting a revolution.

I'm not evading taxes cuz I don't want to end in jail or be forced to pay hefty fines.

There is no perfect country to immigrate to.

Of course, if it gets dystopian, I may try.

But there are no sovereign individual like places that could give me protection and an opportunity to resist by exiting , at least I'm unaware.

Anything else?

Sure I talk to my friends about Bitcoin and freedom. And I run a node. But it's very little, in terms of resistance, I know.

I'm asking this myself, too.

To avoid being in the information bubble is relatively easy. Just follow people you disagree with as well. Read their opinions.

What is really hard is to tell what the truth is.

At least for me. I find it difficult.

I trust my senses. I believe what I see.

But the news, media, things politicians say, much harder to tell what is really true, what are their intentions, etc.

I wish I had an answer.

And of course, to study and deeply research any complex topic, whether it is climate, vaccines, war, it would take a lot of time.

I'm not saying we give up.

We need, I think, to form opinions, evaluate, what is true, what is false, who is good, who is bad, what to eat, etc.

I'm just saying... I don't know. It's hard.

I deeply think the truth exists. It is knowable, that is, possible to know.

But often hard to find.

Anyway.

Have a good day, all the best. I've been following you for a while.

Yes, it will be terrible for privacy.

But, is it going to be very different than what we have today?

As long as we use any bank, fin tech like Revolut, card like Visa, the government can anyway easily get access to all transactions.

Yes, CBDC will make it even easier.

But I worry that, privacy, we don't have even today, unless we just cash or Monero or Bitcoin in a very deliberate way.

And even then, there are cameras everywhere.

But, on the other hand, Revolut money or Visa money is at least not programmable.

I can buy as much beef and gasoline as I want, if I can afford it.

Though issue.

Requires NO extension that can read all data on all sites

chrome://flags

Search for dark

Enable

A forced dark mode for ALL websites

Works in edge, too

edge://flags

Horrible

Thanks for letting us know

Please post this again, as a reminder, once this is live, not beta anymore

I have just checked and I don't see this option yet

I wonder if Google is going to make it a default and automatically turn on for everyone on app upgrade

If they do, I'd find it horrific and might accelerate my plans to degoogle

How debt works.

The world explained, economy, debt cycles.

Great read.

Dated but holds.

https://operators.macro-ops.com/wp-content/uploads/2021/01/Vault-Tail-End_-Turning-of-the-Long-Term-Debt-Cycle-1.pdf

#Bitcoin fixes this, I'd like to add.

If not, what can?

Amethyst