🤡 world.

#GrowNostr

Bitcoin isn't crashing, it's completing a pattern. ☕️

Thomas Sowell is so based. Such a bitcoiner. Taxation is Theft #bitcoin #nostr

Fear? Nah. Wish I had MOAR dry powder to scoop Sats!

Extreme fear? Nah.

Super bullish! 😎

Getting back into Nostr and wanna zap AT LEAST 25 people 50 sats each.

✅️ Follow me (if you don't already)

♻️ Boost the post so others see it

💬 Comment below why you're awesome so I can zap you 50 sats

⚡️ Ready to ZAP ⚡️

They've only had the ups, I want to see how they handle living in the red, can they be humble?

I’ve been having this conversation with non-Bitcoin friends tonight, and it’s extremely frustrating! 😡

Good evening.

There are two ways this economy can go, and both of them end in massive money printing.

Have a great weekend.

Boomer Bitcoin ETF holders getting dangerously close to being down on their trade since the launch in January, hoping for a recovery, 6k more to dip before they're in the red and I am so here for it

The laws of economics dictate that

- what you tax, you get less of

- what you subsidize, you get more of

Experience and logics tell us that people get fewer children in urban areas than in the countryside.

Furthermore, families are the only institutions that produce children.

Do you agree with me so far?

Grok estimates that the EU's average fertility rate in 1960 was approximately 2.59 births per woman.

The EU’s average fertility rate is now 1.46

This is a reduction of 77 per cent.

Grok estimates that the public sector's spending as a share of GDP for the five major EU economies between 1960 and 2022 likely has grown by at least 50% to 100%.

By other words, in this period we have seen a shift of economic wealth from the private sector to the public sector comparable to the average reduction in the birth rates.

My best guess is that it's here we find the main explanation.

Shifting of wealth from the private to the public sector is shifting of wealth from those who produce kids to institutions which produce bureaucracies.

What you tax (people), you get less of.

What you subsidize (public sector), you get more of.

And bureaucracies typically grow the most in urban areas, where people traditionally prefer to have fewer children than in the countryside.

In conclusion, less production of kids is a result of the growth of the public sector, which mainly consists of institutions in urban areas that produce bureaucracies instead of kids.

A socialist society is parasitic of nature, and the parasite in the end always runs out of hosts.

So true

One of the greatest positive externalities to Bitcoin is that you no longer need to “manage” your assets

A company needs looking after, as does real estate, so tradfi requires someone to always be alert

Indeed you can outsource to some degree, but then you have to trust someone

I love that “Bitcoin & chill” is literally just that

Enjoy!

It’s amazing how so many people are currently selling Bitcoin, and I’m pretty sure I do not know a single one of them.

Marx’s great mistake was thinking that capitalism (as in free market exchange) was responsible for the inherent contradictions in the system of exchange and not seeing how dirigisme (your vocabulary word of the day) was the real culprit.

The creative destruction of capitalism, as Weber pointed out, is evolutionary. With any degree of state intervention, this evolution of capitalism devolves into a form of economic eugenics designed to create an economic depend on the state for all things.

Physically I’m in the fiat mines but mentally I’m on the beach with a lei around my neck with a young coconut in my hand 🌸

“Character is how you treat those who can do nothing for you.”

#Life

#Bitcoin

#Manifest

If you're DCA-ing, you're always buying the dip

#plebchain #growstr #dca

Today was the day!