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Kane McGukin
8cbda4ca1b48a2e6a40da6191efb0e4c7e782d18a1889fffa420e1d29068acd3
#Bitcoin + Monetary Innovation. My opinions are my own and not financial advice. Navigating Bitcoin’s Noise 🎙️http://apple.co/3wFbiiq

I once asked a guy that posted a list of the 10 best reads of the year, which was his favorite.

He replied that he couldn’t answer that because he hadn’t read them.

The internet is the only place where you can give the appearance of good advice without having any knowledge.

Replying to Avatar The Bird

nostr:nprofile1qqsx8zd7vjg70d5na8ek3m8g3lx3ghc8cp5d9sdm4epy0wd4aape6vspz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsq32amnwvaz7tmhda6zumn0wd68ytnsv9e8g7g9pux3g dropping solid news again "Bessent said the administration's goal was to have the fund open within the next 12 months, and Lutnick said another use of the fund could have been for the government to take an profit-earning stake in vaccine manufacturers.

“The extraordinary size and scale of the U.S government and the business it does with companies should create value for American citizens,” Lutnick told reporters."

https://abcnews.go.com/Business/wireStory/trump-orders-creation-us-sovereign-wealth-fund-part-118409596

Some other great stories here. Another solid episode

https://fountain.fm/episode/K7AQoGFlkwj5UDooltrk

Two things. 1. I thought the vaccine comment was odd.

2.This is how China does it. At the end of Kai-Fu Lees book he walks through it.

If not done in an authoritarian way, it is more of a capitalist move than what we call capitalism today.

If done wrong it’s more communistic and would mirror today’s version of capitalism which really just centralized power, money and control into fewer and fewer hands each decade. ie has more communist impact than capitalist.

#Bitcoin and #NOSTR are networks and involve protocols just like any other. From a first principles standpoint point it makes sense they and terminologies would be so similar, but I’m curious if there are any thoughts on why their construction, terms and development are so similar to TCP/IP, TOR, cell networks, etc.? Is there only one way to do it?

Best part about today?

We can all break out the “we’ll never see #bitcoin under $100k” memes… yet… again. 😅

I can hear the clacking of normie keyboards.

ChaptGPT: what is Triffin’s Dilemma and why is it important?

#Bitcoin

In 5yrs when no one actually reads but lets AI (chatGPT) tell them what to think.

What do you think is going to happen?? 👆👆👆 on steroids.

Enjoyed this conversation w/ nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv to discuss his upcoming book The Big Print.

🎙️ https://podcasts.apple.com/us/podcast/navigating-bitcoins-noise/id1583424361?i=1000687621875

Want to understand the problem Bitcoin solves and how it’s the solution to today’s financial issues?

Tune in and grab a copy of Larry's book when it drops! 🚀📚

When financial systems, funded by rehypothecated fiat, turn to financial warfare.

The game changes: it’s a different kind of Cantillon effect.

It’s no longer how close you are to the printer 🖨️ that matters. It’s how close you are to the information.

Information is 💵. #Bitcoin is information & money.

🔥 so true. Seeking a new king is the problem. They will not be able to save you.

The simple things in life are the biggest asymmetric trade; ever.

It’s funny how we seek freedom but spend our days running toward complexity and noise as a means to try and find it.

All the while, it’s in front of us and in the places we are not looking, the whole time.

Probably just another conspiracy, but the timing of this on the back of new leadership speaks volumes at how quickly people just “magically” change their minds.

https://uk.finance.yahoo.com/news/jamie-dimon-calls-elon-musk-144521653.html

On their own terms of course.

A couple of great quotes from nostr:npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9's Permanent Record.

“The America, I returned to felt like a changed country. Every other word was the name of some TV show or movie I didn’t know, or of a celebrity scandal, I didn’t care about. … grow up do your work pay your bills.”

“The data we generate by living or just by letting ourselves be surveyed while living would enrich private enterprise and impoverish our existence in equal measures. … Corporate surveillance was turning the consumer into a product that corporations sold to other corporations, data brokers, and advertisers.”

The cloud component everyone ignored in the early 2000s also applies to #Bitcoin and crypto.

Replying to Avatar Peter Todd

https://www.reuters.com/world/europe/russias-ryzan-oil-refinery-halts-operations-after-drone-strikes-sources-say-2025-01-27/

One of Russia's largest oil refineries.

It's not hard to stop Russia. Blow up their economic infrastructure, and (ideally) kill the staff working at these plants, and their economy will collapse and the killing will stop.

War is expensive. Russia can't fight without a profitable economy.

A very WWI & WWII style solution. 🫡

It’s all the same cycle. Different dates, different people, different tech.

The same problems that feel new.

New solutions that are really re-packed old ones.

People re-fall in love with the wave of narratives.

Human behavior always ends the same way.

Morals and sound money > time > time > immoral and broken money