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Spencer
ad7692c8e781971271ff48e06566bcb601d97661488b9bb7acf712d684aa6f16
laser eyes till fiat dies. bitcoin stacker, kid unschooler, wisdom seeker, weight lifter, food cooker

People are using this video to argue for term limits. I disagree. Term limits presupposes a functioning system that just needs some tweaking to optimize. This video is strong evidence that "democracy" and "representation" don't function as advertised. The idea of "representation" is much better in theory than in practice. People "voted" for this guy.

https://youtu.be/jMNgUTiKyZM?si=zHR8IJWDXPjdyYmm

Did he understand the connection between homes being monetized and homes being unaffordable?

Bitcoin is a protocol, so conversation A and B are the same.

Conversation A

Me: Bitcoin is awesome. It's going to help humanity.

Friend: You're just saying that because you want to be rich.

Conversation B

Me: The internet is awesome. It's going to help humanity.

Friend: You're just saying that because you want to be rich.

"Modern products are custom made to suit our greed and grasping. They are exactly tailored to deceive us with their appearances. As I see it, however, the bigger problem is the gullibility of our mind. That is what really leaves us vulnerable to the deceptive allure of things. In other words, we ourselves are the bigger problem." - His Holiness the 17th Karmapa

Global markets are waiting for Jerome Powell to announce what he's decided the supply of money will be.

The prices of everything in the world will be affected.

Do you see how silly this is?

Imagine home builders waiting for Tim Taylor (Home Improvement) to decide how many inches are in a foot before they ordered lumber.

We can build homes because the measuring tapes aren't changing.

We can launch satellites because Newton discovered the gravitational constant.

Constants offer a solid foundation to build upon.

Bitcoin is the first monetary constant.

21 million coins issued on a predictable schedule, regardless of demand.

And it's a big deal.

As the central bankers wildly swerve between inflation and deflation, humanity will organize around a predictable monetary constant.

And in the process, we'll unlock a new level of economic achievement that makes today look like the dark ages.

Genius. Gamifying national adoption of Bitcoin because other heads of state want their own little hodler too.

Time flies. You're the pilot.

Bitcoin isn't the crazy experiment here. The dollar is. Giving a select class of people total control over the money is crazy. Bitcoin is digital cash that enforces the same rules for everybody. No insiders, no outsiders, just users of incorruptible, unstoppable digital cash. The true value of this idea will not stop spreading until every one on earth knows it in their bones.

Dave's argument that bitcoiners want profit misses the point. Bitcoin will win because it is engineered to solve human rights problems. Dave is judging Bitcoin based on price behavior. Jack is judging Bitcoin based on systems engineering. Bitcoin is a good buy because it will work. Bitcoin will work because it's so well designed to solve people's problems.

Rose Island on Netflix is such a great movie about Bitcoin.

The tendency of authoritarian control to swoop in, pass judgement, and impose their "solutions" to save the weak from themselves is such a destructive paradigm.

(Important to note that we always have to be aware of our own tendencies as parents to be the destructive authoritarians in our child's life to save them from themselves.)

#plebparenting

If you understand Bitcoin, you're pumped when the price goes down.

That's because you know Bitcoin's price will go up forever, and this is your chance to stack a few extra sats.

Pretty soon the window to exchange fiat for Bitcoin will close because nobody will want fiat. Fiat will be less desirable than toilet paper because it is a corrupted ledger that has already failed. It's just that not everybody has realized this yet.