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TeslaLiberty
956b3e034b1b81a0483f5f69a9071e7eb5c1f434246028a52acd0809482e0d0d

When a bitcoiner hates on Trump I see low T

Here is a eating philosophy that our family applies :

Eat only what you cook yourself.

Most of the shitty food is very labor intensive to be made from scratch:

Fried food

Bread

Donuts

Cake

Cookies

Ice cream

On the other hand ribeyes takes 4 minutes to cook.

Fresh fruits are ready to eat.

Is that where your main residence is ?

Replying to Avatar Cyph3rp9nk

by nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2

This new paper is a true declaration of war: the ECB claims that early #bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh taxes or bans. Check 🧵 for why:

Rather than praising bitcoin as a tech paradigm shift à la petroleum and the internet, the authors introduce the blatantly luddite argument that "early adopters" ... "increase their real wealth and consumption" ... "at the expense of [latecomers]".

Then they go on to brazenly advocate for legislation ... "to prevent bitcoin prices from rising or to see bitcoin disappear altogether" in order to prevent "the division of society".

The authors also model some projections, to illustrate the paltry amount of BTC that will remain available for latecomers. (Woe is me! Conspicuously left out is the reason that has driven 15 years of bitcoin adoption & development: it's simply better tech.)

In all the years I've been monitoring the bitcoin space, this is by far the most aggressive paper to come from authorities. The gloves are off. It's clear that these central bank economists now see bitcoin as an existential threat, to be attacked with any means possible.

Many of us have warned that this was coming: bitcoin as a major political fault line both in national and international elections. Well here it is. It means that us HODLers must take action to insure that governments respect our basic right to hold property.

And no, this won't be a war between haves and have-nots. Rather this will be a historic clash between those who stand for the natural rights of the individual, and those who clutch at the failed ideologies of collectivism and central planning.

Here's the download link to the paper: "The distributional consequences of Bitcoin". (We need detailed rebuttals. Who's writing one?)

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877

What about the early shareholders of Apple, did they steal economic value from latecomers too ?

Congrats, the best role in a man's life

Replying to Avatar BITKARROT

<1%

I second that.

My neighborhood has probably 1000 homes.

I am likely the only bitcoin maximalist that understand the federal reserve system.

0.1% is the answer

We might just be in a war that will last a 1000 year.

The war started in early 2000 when the internet was going mainstream.

It is a digital war where digital freedom is fighting digital tyranny.

This is only the beginning

A potential client joked that he could pay me in crypto for my services.

I said I only take Bitcoin.

He said I don't have bitcoin ...

SAD