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Sawzall
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Gradually demonetizing my neck of the woods
Replying to Avatar ODELL

I hear Whitney Webb reading this

Replying to Avatar Oscar Merry

Fountain 1.1 with #nostr is now live on iOS and Android!

https://m.primal.net/KGni.mov

Why Nostr?

We regularly hear from both listeners and podcasters that the social features in Fountain are a great way to discover content that’s worth listening to.

When you support a podcast, or comment on an episode, your message is surfaced to your followers in the Fountain home feed and anyone that sees these can add the content to their library.

But this came with a few problems. When you first start using Fountain you wouldn’t have any followers so your posts wouldn’t get seen. If you wanted to share something you were listening to, you had to choose between leaving a comment on Fountain, or sharing on another social platform.

Today we are excited to announce a massive update to Fountain that solves these problems with Nostr:

- You can bring your existing profile and followers to Fountain

- Your boosts and comments will be surfaced in other Nostr clients

- Posts shared from other Nostr clients relating to audio will appear in your feed

- Conversation and interactions now flow freely across multiple apps

Read more about the new Fountain nostr features here: https://blog.fountain.fm/p/1-1

Please let me know your feedback!

THIS is why I kept my Fountain Plus membership going....always improving. Great work!

I was thinking this morning about how we leave LED lights on all the time and don't even care, yet our grandparents would walk around turning off the lights whenever they left a room, and it got me thinking about the real #debasement adjusted electricity cost of 1960 vs today.

In 1960 an oz of #gold was $35, and a kwh of #electricity was 2.6 cents. So you could buy 1346 kwh for an oz of gold, which you could earn with 12.7 hours of labor at the #medianwage of $2.75/hr. This also meant you could buy 105.8 kwh of electricity with an hour of your time. A #lightbulb would use 60 watts, so would use a kwh every 16.5 hours.

Today an oz of gold is about $2600, which you can earn in 76.74 hours at today's median wage of $33.88, and the cost per kwh of electricity has "gone up" to about 16.5 cents meaning you could buy 15,757 kwhs with an oz of Gold, and you can buy 205.33 kwh with an hour of your time.

Relative to gold electricity has dropped in price 91.5%. But #wages have dropped in value relative to gold by 83.45%. So relative to hourly wages, the meaningful metric to people, electricity has reduced in price by only about 1/2.

However, in addition to the price of electricity falling substantially, the #electronics we use are also much more efficient. Today an LED light bulb will use only 10 watts, 6 times less than in 1960, and gives you 100 hours of light for only 1 kwh. 6 times more light for half the price, or 12 times more light for the same price! A 91.7% reduction in cost for lighting our homes relative to our labor hours.

On the median hourly wage today you can get over 20,000 hours of light from a single lightbulb for 1 hour of labor. In 1960 you could only get just over 1700 hours of light. Not to mention the cost to replace the light bulbs going down as well, due to their longer durability. This is a substantial improvement by almost any metric.

But what if wages had stayed the same relative to Gold because the world lived on a sound monetary standard the entire time?

If in 1960 an oz of gold could buy you 1346 kwh which would give you 16.5 hours of light each, that works out to 22,209 hours of light per oz of Gold. Since it would take you 12.7 hours to earn that oz of gold, 1 hour of median labor would get you 1748.74 hours of light.

Fast forward to today, cheaper electricity + more efficient electronics, an oz of gold will give you 15,757 kwhs of electricity which can power an LED bulb for 100 hours each. So an oz of gold now gives us 1,575,700 hours of light vs 22,209 hours in 1960. This means if wages had stayed the same relative to Gold then you would get 124,070.9 hours of light from an hour of your labor, instead of the 20,000 hours you can actually get today. All vs the 1748.74 hours of light you could get for the same hour of labor 64 years ago.

124,070.9 / 1748.74 = 70.94

71 times more light for the same amount of gold, thanks to efficiency gains in our light bulbs and improvements to our electricity generating capacity bringing the cost of energy down. The world is getting incredibly cheaper all around us all the time, we just don't see it thanks to the FIAT system. Due to this FIAT debasement, 83% of the efficiency/technological gains has been taken from us all. This is the real theft.

Monetary Inflation is theft, the growth rate of the M2 is the true inflation rate, not the CPI. Inflation doesn't just rob us of our past earnings in the form of our savings, it reduces our future earnings too by debasing our wages.

₿ clears the fog of debasement we've been living under, truly revealing the world of abundance we live in TODAY. If we embrace its simplicity as the best savings instrument ever discovered and/or created by humanity, then we will all truly prosper having freed ourselves from the yoke of bondage that is the centrally controlled FIAT currencies of the world.

You really don't need to work so much. Have a new perspective, lower your time preference, live as frugally as possible within your means and do whatever you can to save as much of your money in BTC and you will be free of the drudgery much more quickly. Buy second hand whenever possible, learn how to cook at home and buy tools that assist you in that endeavor such as a quality blender / slow cooker / pressure cooker / rice cooker / bread maker etc. When you're free, you'll be able to use your time for more useful and important endeavors such as thinking / writing / inventing / volunteering and so on, and also have more time to spend with your family and friends.

Contrary to what many today feel, life is worth living and it can be much more meaningful. The future is bright and full of hope, you just have to leave the cave to see it.

Love this! 🧡

Hey Ansel, welcome! Been a long time since I've heard your show, somehow dropped the pod feed but glad you're on nostr to follow & zap you.

Per the algo, the proper hammer for the game of Hammerschlagen is a cross-peen or blacksmith's hammer with a wedge-shaped end that is at least 2.5 pounds. We always used masonry nails but I'm not a purist on that part. Hitting with the point end is non-negotiable

Replying to Avatar Dimi

nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l my new limits still suck, but thanks for starting to work on it.

Strike limits changed too...reckless... just in time for the bull

GOOD MORNING. Would love to hear more about the freedom tech we should be using to improve privacy. Maybe a guest who has successfully de-googled their life and how they did it, discussion on best practices?

Replying to Avatar Peter McCormack

Danny and I just wrapped up the final episode of What Bitcoin Did at Bitcoin Park, recording with some of our closest friends in #bitcoin - nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle , nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3, along with special appearances, including my son.

The episode will be released on August 30th. After that, we'll take a week off before launching our new show (the worst-kept secret).

After 7 years, 860 podcasts, countless flights, and visiting about 40 countries, the time is right. Time is precious. I need to travel less and focus on Bedford, the football team, family and bringing to life everything we've discussed over the past 7 years.

I believe we're entering a new era where #bitcoin is a legitimate part of every conversation. Our new show will reflect this, so we’re building a studio in London and evolving the format where #bitcoin is the heartbeat not the headline.

Thank you to everyone who has been part of this. I couldn’t have done any of this without the kindness and generosity of so many of you, especially nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj .

I'm humbled by it all and everyone of you.

Big love ✌🏻

Immense respect and gratitude all your work - ONWARD!