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Bitcoin Awareness
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Easy Bitcoin education for nocoiners and normies (the reason it lives on Substack). Subscribe there and share the articles across your normieland frontiers. Creator of Why Do Prices Rise? (link below). https://whydopricesrise.com/ https://usdsats.bitcoinawareness.work/ https://repricing.bitcoinawareness.work/ https://orangetips.win/ Top articles: https://bitcoinawareness.substack.com/archive?sort=top Donate: https://bitcoinawareness.substack.com/p/help-us-grow-bitcoin-for-you ---

THE ECONOMIST MANIFESTO

The natural state of the human economy is infinite prosperity for all. As technology and productivity advance, people gain access to more resources, and their purchasing power improves. This is the vertical axis.

For this to work, the economy needs a reference good, a measure of value, with a fixed supply — just like the immutable standards used in physics or engineering. At the same time, this reference must function as a medium of exchange: it must be portable, tradable, divisible, durable, and a secure form of property that can be saved and used in the future. That is why humanity has always sought scarce goods to fulfill this role, from shell necklaces in prehistory to precious metals. However, none of these were perfect. All could be counterfeited, usually by inflating their supply, undermining their scarcity.

The group that manages to bypass the scarcity of the reference good and medium of exchange, by creating it artificially and appropriating the surplus, acquires more resources from society and raises its own standard of living. The majority, from whom those goods are extracted, is left to deal with rising prices, since more money now circulates and each unit is worth less against products and services. It is a double theft. Those who can create money, and those tied to them, gain purchasing power and prosper, while the majority grows poorer and remains trapped in poverty.

Yet this privilege held by elites is an illusion. The widespread poverty, stagnation, and lack of access to assets among the population lead to dissatisfaction, physical and mental illness, social unrest, conflict, and political polarization — with repeated failures to solve poverty without addressing its root cause. This culminates in chaos and even war, as blame is projected onto foreigners or external forces. In other words, while the impoverished suffer more directly, the governing and financial elites, the rich within the system, end up living in a world full of risks, problems, and decay. There is no wall high enough to keep it all out.

Worse still, ignorance of the root problem leads to the belief that even more money creation is needed to fix the chaos caused by the money creation itself — feeding a vicious cycle. Humanity never reaches its natural prosperity, and poverty and its consequences are never eliminated.

Only the use of a good with perfect scarcity, along with all the essential properties of money like portability, divisibility, durability, and secure ownership, can lead humanity back to its natural state of abundance. A form of money whose scarcity cannot be violated.

Humanity has sought such a money since prehistory. And those in power have found ways to bypass every imperfect version — right up to the present, where this violation happens on a massive scale by governments and central banks.

Until, in 2009, something unprecedented happened...

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#economics #education #share

First Principles Economic Education on #Nostr

Inspired by the work of nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpz4mhxue69uhkummnw3ex2mrfw3jhxtn0wfnsz9rhwden5te0wfjkccte9ehx7um5wghxyecpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqug4hxr and Jesse Myers (@Croesus_BTC on X), this manifesto puts into simple words the core economic truth we believe the world needs to hear.

We would be honored if you took a moment to read and, if it resonates, help share it forward.

Replying to Avatar Layer3.news

nostr:nprofile1qy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqgrxvh0zck393ed386v4ez08n349qxpnq0f02wau8pv5dyfj7hnu2q3x9cg2

WHEN INFLATION SUBSIDES, UNEMPLOYMENT IGNITES: DOES THE PHILLIPS CURVE RETURN?

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✍️ The article discusses the Phillips Curve, a concept developed by Alban William Phillips, which relates the rate of unemployment to the rate of inflation. The curve was widely used in the 1960s to inform economic policy, but its predictive power was later challenged by the work of Milton Friedman and Edmund Phelps.

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👉 The Phillips Curve relates the rate of unemployment to the rate of inflation.

👉 The curve suggests a trade-off between unemployment and inflation.

👉 The curve was widely used in the 1960s to inform economic policy.

👉 The curve's predictive power was later challenged by the work of Milton Friedman and Edmund Phelps.

👉 The curve is still used today, but with a more nuanced understanding of its limitations.

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#AlbanWilliamPhillips #RichardNixon #ArthurBurns #PaulSamuelson #MiltonFriedman #EdmundoPhelps #JoanRobinson #JeromePowell #NewZealand #UnitedStates #Argentina #UnitedKingdom #economics

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nostr:nevent1qvzqqqqqqypzqen9mck95fvwtvf7n9wgneuudfgpsvcr6t6nh0pct9rfzvh4ulzsqy3hwumn8ghj7un9d3shjtt5v4ehgmn9wshxkwrn9ekxz7t9wgejumn9waesqg9u0pnmsmq8p8tywatp9hhmujjuwqdmye0kdwgx32lpf6wgc5g5vvxsv835

False. Read our Economist Manifesto: https://shorter.me/Oj7RI

Read our Economist Manifesto and share. Your work, nostr:nprofile1qqsvf646uxlreajhhsv9tms9u6w7nuzeedaqty38z69cpwyhv89ufcqpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqg5waehxw309aex2mrp0yhxgctdw4eju6t0t25cfd, has been also an inspiration for it:

THE ECONOMIST MANIFESTO

The natural state of the human economy is infinite prosperity for all. As technology and productivity advance, people gain access to more resources, and their purchasing power improves. This is the vertical axis.

For this to work, the economy needs a reference good, a measure of value, with a fixed supply — just like the immutable standards used in physics or engineering. At the same time, this reference must function as a medium of exchange: it must be portable, tradable, divisible, durable, and a secure form of property that can be saved and used in the future. That is why humanity has always sought scarce goods to fulfill this role, from shell necklaces in prehistory to precious metals. However, none of these were perfect. All could be counterfeited, usually by inflating their supply, undermining their scarcity.

The group that manages to bypass the scarcity of the reference good and medium of exchange, by creating it artificially and appropriating the surplus, acquires more resources from society and raises its own standard of living. The majority, from whom those goods are extracted, is left to deal with rising prices, since more money now circulates and each unit is worth less against products and services. It is a double theft. Those who can create money, and those tied to them, gain purchasing power and prosper, while the majority grows poorer and remains trapped in poverty.

Yet this privilege held by elites is an illusion. The widespread poverty, stagnation, and lack of access to assets among the population lead to dissatisfaction, physical and mental illness, social unrest, conflict, and political polarization — with repeated failures to solve poverty without addressing its root cause. This culminates in chaos and even war, as blame is projected onto foreigners or external forces. In other words, while the impoverished suffer more directly, the governing and financial elites, the rich within the system, end up living in a world full of risks, problems, and decay. There is no wall high enough to keep it all out.

Worse still, ignorance of the root problem leads to the belief that even more money creation is needed to fix the chaos caused by the money creation itself — feeding a vicious cycle. Humanity never reaches its natural prosperity, and poverty and its consequences are never eliminated.

Only the use of a good with perfect scarcity, along with all the essential properties of money like portability, divisibility, durability, and secure ownership, can lead humanity back to its natural state of abundance. A form of money whose scarcity cannot be violated.

Humanity has sought such a money since prehistory. And those in power have found ways to bypass every imperfect version — right up to the present, where this violation happens on a massive scale by governments and central banks.

Until, in 2009, something unprecedented happened...

---

#economics #education #share

First Principles Economic Education on #Nostr

THE ECONOMIST MANIFESTO

The natural state of the human economy is infinite prosperity for all. As technology and productivity advance, people gain access to more resources, and their purchasing power improves. This is the vertical axis.

For this to work, the economy needs a reference good, a measure of value, with a fixed supply — just like the immutable standards used in physics or engineering. At the same time, this reference must function as a medium of exchange: it must be portable, tradable, divisible, durable, and a secure form of property that can be saved and used in the future. That is why humanity has always sought scarce goods to fulfill this role, from shell necklaces in prehistory to precious metals. However, none of these were perfect. All could be counterfeited, usually by inflating their supply, undermining their scarcity.

The group that manages to bypass the scarcity of the reference good and medium of exchange, by creating it artificially and appropriating the surplus, acquires more resources from society and raises its own standard of living. The majority, from whom those goods are extracted, is left to deal with rising prices, since more money now circulates and each unit is worth less against products and services. It is a double theft. Those who can create money, and those tied to them, gain purchasing power and prosper, while the majority grows poorer and remains trapped in poverty.

Yet this privilege held by elites is an illusion. The widespread poverty, stagnation, and lack of access to assets among the population lead to dissatisfaction, physical and mental illness, social unrest, conflict, and political polarization — with repeated failures to solve poverty without addressing its root cause. This culminates in chaos and even war, as blame is projected onto foreigners or external forces. In other words, while the impoverished suffer more directly, the governing and financial elites, the rich within the system, end up living in a world full of risks, problems, and decay. There is no wall high enough to keep it all out.

Worse still, ignorance of the root problem leads to the belief that even more money creation is needed to fix the chaos caused by the money creation itself — feeding a vicious cycle. Humanity never reaches its natural prosperity, and poverty and its consequences are never eliminated.

Only the use of a good with perfect scarcity, along with all the essential properties of money like portability, divisibility, durability, and secure ownership, can lead humanity back to its natural state of abundance. A form of money whose scarcity cannot be violated.

Humanity has sought such a money since prehistory. And those in power have found ways to bypass every imperfect version — right up to the present, where this violation happens on a massive scale by governments and central banks.

Until, in 2009, something unprecedented happened...

---

#economics #education #share

First Principles Economic Education on #Nostr

That is why fiat empowers the worst and punishes the honest. Bitcoin flips the incentives — it rewards creation, not destruction.

Replying to Avatar verbiricha

profile pages in nostr:npub1gm7gw8q6akeft2pjt270we35vlff0v9g2fene6cxkz2h68q5hl6qls0fte have a feed explorer (relays too!) I have grouped the kinds into logical groups so you quickly find the content types you care about.

https://nostr.download/001779601528dc5bbeb8cb993b4abf321a7c69c1a51ae46d0e3a39da6fc177b8.mp4

Is it like Whatsapp for Nostr?

Humanity never needed governments printing money to prosper. It only needed money that no one could counterfeit. Bitcoin is not a tech innovation, it is the return of a forgotten moral principle.

When money is created out of thin air to fund endless conflicts, the whole world becomes a battlefield. Only sound money can break the cycle of war and suffering.

If you want to escape fiat slavery, forget stocks and use the damn thing. Bitcoin was made to be money, not a ticker.