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.
the memes must go on
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
This list tells me that the hardest part is not "getting rich", its "staying rich"
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.
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
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.
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