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Tetsuo
b6f188e2247de181d1334857a224b6c1c9f3af33401e742e2cf3c6a0f0262a19
Bitcoin Pleb, member of Sactown Bitcoiners, Bitlyrics.co contributor

Join Orange Pill App and the Bitcoin Writing and Books group. Look for pameladb.

Welcome. I am a writer. I’m part of a writer’s accountability group. We get together on Zoom and just write for 50 minutes. We’re on hiatus right now, but we should start again. DM me if interested.

Check out gaming for Nostr! Just build things!

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nostr:npub1w69ya7xs697hk3hky3gllryz8rwverfa0ylz89chf9qnhfcskc2s64zltw I’m part of a Bitcoin book club. I’m interested in us reading Gradually, Then Suddenly but one of our members likes to use audiobooks. Do you know when you will have an audiobook for Gradually?

Lonzo killing it from deep so far. #damn

Both LaVine and Giddey getting right to the rim with no resistance against the Kings in Chicago.

I used to not like all the hate Bitcoin gets. If it’s going to be the global money, I thought the hate would hurt that outcome.

But I realized many U.S. citizens dislike or hate the inflation in the USD. But they still use it. One does not have to like a money to adopt it.

An underrated aspect of Trump supporting Bitcoin in whatever way is Trump is in one sense similar to Taylor Swift.

A large number of people are hella devoted followers of him. If he supports a thing, they will too.

People would do better by just buying #Bitcoin and holding it rather than running a business. Investors for sure would do better to just buy Bitcoin instead of investing in businesses.

What does this mean if Bitcoin is the money? If the business owner takes a loan in bitcoin, they will owe more purchasing power over time as the loan term progresses. There is less incentive to apply for loans. Investors in businesses can do better just buying bitcoin than they would do investing in a business. There is less incentive to invest in businesses.

Yet, society needs the goods and services businesses provide. We will inevitably maintain businesses to provide them. Business owners and their partners can save in bitcoin and thereby gain the capital to create businesses which they couldn’t do with fiat. But why would they? For many of the goods and services businesses we need, their IRR would be smaller than Bitcoin's.

It seems there must be an incentive beyond making money to create businesses in a Bitcoin world.

Looking forward to watching the season finale of Dune Prophecy in a moment.

I would be wealthier and healthier, but my meals would be a lot less delicious lol

Getting back into Vipassana/Insight meditation.