🫵 kno

I hate everyone equally 😏

Except bitcoiners. I love you guys. Everyone else can GFY.

Evening Nostr ⚡

#Bitcoin is a genuine miracle, an answer to prayers

True but they introduce new and higher taxes which I have no intention to pay, but I might have no choice

I hope I live long enough to see the state defunded

#Bitcoin

Don’t be a pussy. Your allocation to #Bitcoin should be 100 percent by now.

Welcome!

While I'm sipping coffee, I'm trying to choose what to wear to court tomorrow. I'm hoping for something that says "I work for my money". This to defend my #bitcoin and the rest of my assets. Its just family court, but kinda a big deal for me. I haven't dealt with courts much at all. FYI if you never get married... you can never get sued for everything you own in divorce.

#coffeechain #plebchain

“The last great bubble is faith in central banks.”

― Michael Gayed

That is also true of bitcoiners, gold bugs and others who have learned about the inherent evils of the central banking Ponzi scheme. Because everybody still seems to think that central banks providing massive amounts of liquidity will be stimulative by default. And I get why it’s easy to believe that - it has been true throughout all of our lifetimes. But what if that stops working? What if the crisis gets so bad that literally all of the money they print, no matter how much it is, will go only towards putting out fires, both literal and metaphorical? To subdue protests, to provide emergency services amidst chaos and turmoil, to feed people who have lost their jobs (and perhaps families), and who are unable to put food on the table in an increasingly stagflationary environment? To pay off interest on national debts, to prevent the bond and stock markets from completely collapsing, to bail out banks (of course), to provide emergency housing, to introduce and enforce increasingly Draconian measures in order to suppress the uprisings, revolutions and capital flight? To hunt down and persecute the dissidents, the rebels, or whoever they deem is "to blame” for whatever is happening?

I hope I’m wrong here, as in - it does not get as bad as described above. But I think it is important to keep in mind that we are, from a historical perspective, in the Fourth Turning of a generational cycle and this sort of stuff is usually embedded into the societal shift that is happening.

Stay safe, stay sane, and most importantly, take care of yourselves, friends 🧡🤠

WAGMI #plebchain

In 36 years

NP, followed back!

Soon, the present value calculation, which is the foundation of the field of finance, will be turned on its head. Instead of discounting future inflation, it will have to discount future deflation.

When all of the value is stored in the money, everything else loses value over time - the amortization schedule moves from accounting to finance. Amortization won't just be a lie to get out of taxes - it will be useful to people who need true information.

What dividend beats the rate of deflation?

Doesn't F'n matter, that's what.

What cash flow beats amortization?

That's what will matter. It will be less every period.

How do you value equities in a deflationary environment?

My answer could get me a PhD. If that wasn't a waste of time...

Cuz time is only thing that grows in value faster than #Bitcoin

And that will still be true after its fully bootstrapped in 120 years, when its fully monetized, when the singularity is taught in social studies classes, when #Cypherpunks rule the Citadels and the Seasteads and Space and the center of hash is moving closer to the center of the solar system.

And I have to cut this off cuz I gotta go poo...

Trying to find a good scifi movie for falling asleep.

Welcome.

You’ll fit in just fine around here.

GM, fren Terrans