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Satsdaddy
b75d1f1a3e213760f464e8681ce8f601349fc0f3ae71fbb58e30adca3416deb3
I'm a family man who's working on remembering that I love fitness and music. Trying to be a provider in a fiat world.

I've had times in the past where I had very high total with suboptimal free testosterone. Turns out I had high sex hormone binding globalization.

I want to defend the gym membership, but otherwise quite true.

Except that I enjoy the way that they did it in the matrix.

I'm still working on it. I have to do it from my desktop at home, as my tor routing stopped working.

Replying to Avatar Jeff Booth

I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.

The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)

Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)

That system is incompatible with an inflationary monetary system meaning one of those systems must fail.

Either:

1) A system based on truth, hope, and abundance for all 8 billion people on the planet driven by a free market economy and all prices fall relative to bitcoin forever. This means Bitcoin is used as a medium of exchange and freedom tech spreads to the world through lightning, Liquid, Fedimint, Cashu, etc.

OR

2) A control system. An extractive rent seeking system that is NOT the free market (similar to the one we have had for 5000 years that resets every 100 or so years through war) continues to centralize by having you believe price of bitcoin is going up in fiat which makes the surveillance state stronger. This eventually centralizes Bitcoin - custodians, media, regulation (funded from the same manipulation of money) where it is attacked from layer 2. (Similar to gold)

While these ideas may “seem” compatible in the short term because you want Bitcoin to go up in fiat. What it really means is that you are giving your energy and strength to the system centralizing the world by converting Bitcoin to Fiat….to then measure prices.

Quite simply - If Bitcoin is only a store of value, it fails as a store of value.

Ps - It won’t fail. #1 is inevitable in time because too many (and more each day) have seen behind the curtain and are determined to build path #1.

Many of you here - the people that inspire me every day. You make a difference with every word, thought and action.

Almost did that in all caps per nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx because it’s so important.

Referring to # 1 above…..There is no second best.

I keep thinking about Saylor's lense through which he sees the world (20+ years running a public company) and the lense through which he projects his thoughts into the world. I often wonder if he's playing 5D chess by not taking the "burn it down" approach, which we know is the inevitable end state of the current control structure, not caused by the new system. By building out the infrastructure to allow the new system to handle 8 billion people quickly and quietly, we increase our chances of avoiding path #2. Thank you Jeff for all that you do on this front.

Replying to Avatar Alby

Our bees are making rounds on podcasts lately!

nostr:npub14wxtsrj7g2jugh70pfkzjln43vgn4p7655pgky9j9w9d75u465pqvagcye gave quite comprehensive guide to Alby, our history and set of products. Him and nostr:npub1vwymuey3u7mf860ndrkw3r7dz30s0srg6tqmhtjzg7umtm6rn5eq2qzugd obviously touched some rebellious topics 😎

Listen to the episode (hosted on nostr:npub1pj3a304qsdh99yr5wkug75rfznr284fzy7zalfnuwkctwyye2djsae7des) on your favorite Podcasting 2.0 app!

nostr:note1z02z9skdru5czxk09gwwcck7t5dgjgs6kg6y0cn7us55j93fygtqfgkft3

Haha. My username on Alby is Nunya.

Not me. I'm a metaphysical construct...

GM. #Nostr!

Many people are in #Bitcoin for the gains, but think it's "looney" to think Bitcoin will become the dominant transactable form of value storage globally.

Frankly, you are really not seeing the endgame that Bitcoin is speeding towards if you don't realize exceeding something like the value of all Gold, and all FIAT, and the value of global #GDP, are all milestones that Bitcoin will certainly exceed among many others.

₿ has no #inflation, if you already consider that there are only 21,000,000 (and that they just get unlocked at a slowing rate over time) then there is no inflation at all. Unlocking new coins just reduces the value of the current coins closer to what they would be worth if all 21m were already unlocked.

Even if you consider the net inflation effect that ₿ currently experiences, it is less than what is experienced by anything else in #history that could be used as a form of asset #security and a #StoreOfValue for large groups of people. In 4 years that will be cut in half again, and again in 8, and so on.

Bitcoin will grow in value faster than everything else, because (among other reasons) it's supply grows slower than anything else.

Over the next 20+ years Bitcoin will exceed the value growth of:

#ART

#GOLD

#REALESTATE

#FIAT holding #S&P500 companies.

...

#EVERYTHING.

This makes owning anything that doesn't offer a return of more Bitcoin than you invested an opportunity cost, and practically eliminates the demand of everything above their utility values. This is going to be most beneficial as demand for homes drops, home prices will collapse and become affordable again for young families that need a homestead.

The only thing I expect to potentially grow faster, are companies that use it as their treasury reserve asset.

Bitcoin perfectly stores and secures our life energy within it, with no maintenance costs.

Bitcoin's mining network incentivizes huge investment into the most long term cost effective energy production, AKA #renewable green energy sources, globally. Goodbye fossil fuels polluting the air we breath. Hello world of abundant and effectively free #energy.

We're entering a transitionary period that will bring us to a future where humans won't need to work as much. Where consumption is sustainable. Where people will be able to afford to leave the work force sooner, enabling younger people to take their place, and use their stored life energy to fund their own business ideas. Bitcoin will cause an explosion of small businesses, and the retirement age will de facto drop even if it's not de jure.

The birthrate will increase as it becomes affordable to have children again. Stress levels will decrease, and our community bonds will increase as people have more free time to build relationships with the people around them instead of being stuck at work.

Bitcoin is misperceived as a get rich quick scheme where you're effectively gambling your money and practically guaranteed to lose it. But that's completely false. To me Bitcoin isn't about getting rich, it's about changing society for the better. Becoming financially free sooner than others is just one of the rewards for those who are the most patient and supportive of the new system.

I just hope that this transition occurs with as minimal global pain as possible. Though there will be some pain as the old system continues it's slow but accelerating collapse. But that's again where Bitcoin and bitcoiners will shine. We will all help the world in the transition and reduce the pain in doing so. All they have to do is learn that Bitcoin is not the melting ice cubes of FIAT currency, that it is safe and the best place to store their life energy, and they will benefit too.

But regardless of the short term negative effects we may or may not see, Bitcoin is a train that cannot be stopped. The discovery of decentralized, immutable, transactable, absolute scarcity is immense. In the long run it brings incomprehensible prosperity to society. Just as our world today is incompressible to someone living 500 years ago, so too will the world of 2124 be incomprehensible to someone living today.

I'm done being apathetic about the world's problems, waiting for other people to fix things they are financially rewarded for not fixing. When simply growing Bitcoin faster fixes the problems faster, and I will do everything I can to help it reach that point sooner rather than later. With Nostr being a significant part of that.

The more you save your earnings in Bitcoin, the more you ask to be paid in Bitcoin, the more you casually talk with confidence about Bitcoin, the faster this change will occur.

Bitcoin is #peace/#love/#freedom for all. They don't see it yet, but I can't wait for the day when they do.

Have a great day everyone.

This was a really good post. My only push back would be on eliminating fossil fuels. These are the most energy dense organic molecules that exist in nature. They will be reduced as an overall percentage as renewable (including nuclear) increase, and waste capture technologies will improve as well, but I believe that it's unreasonable to assume that they'll ever go away.