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Kian Jer
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GM nostr, my first ever natto. Surprisingly good with mustard

Friends are saying they’ve got a portion of net worth tied up in ETH

Asking what happened to the sound money promise and deflationary promise.

Told them proof of stake is bullshit but don’t think they’re gonna change.

Who’s gonna tell them?

#ETH #altcoins

What an achievement to win against a once premier-leaguer, congrats Peter. Premier league next.

Interesting observation. I’ve seen friends and family suffering from depression, anxiety, uncertainty etc. and they’re either people without a spouse / kids / set idea on what they want to do with life.

Point is we need something (meaningful) to anchor ourselves to reality or else the brain just goes absolutely crazy

Still believe that memes are one of the most cost effective ways to get a message across.

It might be studied by future historians similar to how current historians studied hieroglyphs and stuff.

Good times

Yeh the final outputs should be the key points agreed

Simple is best, yes, but IMO it first takes long writing to capture the key nuances and context.

Then you can boil it down to the key points.

I often see people who understand bitcoin bashing those who don’t for being “dumb” or saying things like “good luck staying poor”.

But I think people forget that money is deeply emotional and personal. So it will take time for people to come to terms with it.

That’s one of the reasons I don’t see being highlighted enough in most of the educational content out there.

That inspired me to write my next article on “Why Bitcoin Is hard to understand”

TLDR:

1) mental energy needed to study bitcoin

2) accepting that money can function perfectly well without centralization (i.e. fed and government)

3) emotional aspect of money (leading to ego, fear, etc.)

4) all the other “crypto” distraction stuff

Again, no harm being nice here.

https://open.substack.com/pub/kianjer/p/why-is-bitcoin-so-hard-to-understand?utm_source=app-post-stats-page&r=45w71m&utm_medium=ios

Too good to be true

(Or is it?)

😂😂 can agree with that. Hardly anybody from Asia drinks sparkling water.

Every time I drink it I feel thirstier.

Balaji mentioned something like “crypto is the payment system that powers AI”, but i think that’s too generic. We’ve really ever seen real value transmitted via bitcoin + nostr so far, which I think is completely different from all the ETH L2 payments like Coinbase’s Base (e.g. buying coffee with USDC on Base chain)

Nostr seems to have potential to be the backbone of a new form of economy in the future, similar to the internet, and in my opinion it broadly requires:

1) more people to see and adopt bitcoin as sound money, making it a widely accepted medium of exchange

2) more individual creators creating value on this system

3) which creates momentum for more established businesses to migrate to this system

The profits for businesses to switch to this ecosystem must be greater than the cost, and point 1 must be true for them to see that.

One step at a time

Replying to Avatar Peter McCormack

The studio is ready, Danny's flights are booked, and next week we’ll begin recording episodes for our new podcast.

I wanted to share the reasons behind this shift as many have been asking. Three primary factors influenced this decision:

1. I hate making remote shows—I never want to do them again. These interviews need the intimacy of being in person.

2. Traveling constantly has been detrimental to my health and my family.

3. My commitments here with the football club and local community are growing.

So, the solution was clear: build a studio in the UK and produce the show locally.

We’ve secured a fantastic space in Soho, London, and we’re ready to go but given the limited number of Bitcoin guests available in the UK or those willing to fly in, it’s time to retire What Bitcoin Did.

Our new podcast will be similar in feel but will cover a broader range of topics. While some episodes will focus on Bitcoin (though less frequently), most will explore other interesting topics or people.

Having made nearly 900 episodes covering a wide range of #bitcoin topics and guests, we’re now aiming higher. By diversifying our content and guests, we hope to introduce more people to the concept of sound money through podcast osmosis. If we get this right, it will be a bigger show, if we get it wrong, well we tried.

For a long time I have felt there is a need to get out of the #bitcoin corner of the party. Real Bedford FC was a way of integrating sound money into a traditional business model. CheatCode purposely did not include Bitcoin in the title, so changing the show feels like a natural next step.

Sometimes when stuck in the #bitcoin landscape you can lose site of how other people in the world think, lose empathy for the complexities of the world. I have felt this. I'd come home from spending two weeks with Bitcoiners and be with friends and family locally and notice a distinct difference in how we see the world. As everything feels like it is going to shit, I feel like there is a bigger job to do now.

The Bitcoin podcast landscape is well served, from Marty and Odell to Natalie and Preston, from The Blue Collar guys to Stefan Livera and anyone I haven't mentioned. There’s no shortage of high-quality Bitcoin podcasts.

However, there seems to be some fatigue in the space, with similar guests and topics being revisited. With our new show we want to bring fresh perspectives and ideas, aligning with sound money where relevant—think of the shows we’ve had with the likes of Eric Weinstein and Michael Malice.

On a personal note, I’m need the challenge, test myself wider, get fit and find a good woman. I can't do this travelling all the time.

When I started the podcast my life was a shit show - divorced, coming off drugs, heading towards bankruptcy. I've had an incredible 7 years, travelled the world, made amazing friends and got to live my dream by buying my local football club.

To everyone who has helped us get this far - the guests, the listeners, the sponsors, we could not have done this without you. I am forever in your debt.

I hope you’ll check out the new show and enjoy it, though it may not be for some of you. Regardless, Danny and I will work hard to deliver the best show possible, like we always have.

Roll on The McCormack Show!

I found out about your show only late last year but benefitted greatly it. Happy to see the sincere reflection and wishing you all the best for the next stage of your journey!

Wonderful story. I keep thinking that its amazing how bitcoin transcends all disciplines and industries.

And then I remember. Bitcoin stands for sound money, and along with it, all the positive properties that most people want for a better life.

Money is one of the base layers of all our progress. Truly amazing times we live in.

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Am writing my next newsletter and touching on the covid money printing by the US.

We know that the money printer went crazy ($3.3 trillion) in 2020 alone

My question is: does the US not have any strategic reserves that it could have deployed?

Singapore for example, deployed its reserves 3 times for covid according to wikipedia. The last time it deployed its reserves was the 08 crisis, and back then it was only 1 time. The country seems to not have deployed its reserves any other times.

What makes up the US strategic reserves as of the covid era? Is the composition and value disclosed publicly?

Lets see it Nostr.

#AskNostr #US #MoneyPrinting #COVID #Singapore

Yeah, saw this clip and also kinda doubtful. Not technical enough to verify how true it is. Any experts on Nostr to help clarify the his arguments and if true, the severity of the problem? #AskNostr

They fear what they can't control.

Humans are predictable in the sense that when something threatens to upend their position, violence or coercion is the default method.

- China has done this way back in 213 BC with the burning of scholarly books

- Galileo was in trouble for his argument that the earth revolves around the sun.

- Around 2020 onwards its the censorship of social media because people can share the truth much faster

Rinse and repeat. But we all know which side will be the winners in the long run.

https://china.usc.edu/calendar/burning-books-and-killing-scholars-representing-atrocities-first-emperor-china

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