Unnecessary for Bitcoin miners as the market incentives push the network towards renewables on their own. This will just add inefficiencies to the process of becoming a miner because you'll have to spend energy to prove your in compliance. A regulation being a useless waste of time.
When we use 100% of our brains.
https://video.nostr.build/8919b920eda072dac870fb90ead0ea94b75c670176df690d1459d6a74fc9cdc5.mp4
Under the current system if you don't have enough initial sales to overcome both the initial investment and inflation eating away your savings and earnings than good products like this die before they can be really discovered by the market.
With Bitcoin your invention has more time to be discovered and we'll all benefit from it.
Yep.
#1 use of sound money is being a store of value.
This comes first. This enables every other use. If money doesn't store value between when you receive it and when you spend it, then it's useless. The better something stores value between those two time periods, the better a candidate it is for being a medium of exchange.
Gold was the best at storing value over time, it didn't lose spending power but it also didn't grow it. Bitcoin's ground breaking store of value aspect is it actually GROWS in value over time, the first asset of it's kind in history.
It is designed to extract more and more value over time, and it has essentially enslaved everyone at this point.
Unless you make more than $80k a year, you're paid less value as measured in gold than actual slaves were in the 1800s.
nevent1qqsqsz9nmv4pl3l8r7sstlpsdmec34e78znsqjerhlnnuhwjazyf34qpz3mhxue69uh4yetvv9uju3rpd46hxtnfdupzpd7063e0lyp5g8kxe42mk5r0jazzzxnwdrjj2fw5y3z3dx76q066qvzqqqqqqy250w5l
"The commercialization of sovereignty itself depends upon the willingness of hundreds of thousands of Sovereign Individuals and many millions of others to deploy their assets in the “First Bank of Nowhere” in order to secure immunity from direct compulsion."
- The Sovereign Individual, Chapter 9.
#Bitcoin
#FirstBankOfNowhere
The majority of Americans are paid less today than ACTUAL SLAVES were. See below.
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Feb 1971, Gold $35/oz, US Minimum Wage raised to $1.60/hr.
= 4.57% of an ounce of Gold for 1 hour of work, 21.88 Hours of work earns 1 oz of Gold. Minimum wage full time Job earns almost 2 ounces of gold in 1 week. Almost 100 ounces in a year.
---------------------
April 2025, Gold $3200/oz, US Minimum Wage $7.25/hr.
= 0.22% of an ounce of Gold for 1 hour of work. 441.38 Hours of work earns 1 oz of Gold. Minimum wage full time job earns almost 1/11th of an ounce of Gold in 1 week. Almost 5 ounces in a year.
---------------------
Actual slaves in the 1800s were sometimes allowed to put themselves up for hire! Let's compare how much they were paid in those cases.
"Wages varied across time and place but self-hire slaves could command between $100 a year (for unskilled labour in the early 19th century) to as much as $500 (for skilled work in the Lower South in the late 1850s). Skilled cabinetmakers and joiners could sometimes earn as much as white workers; a select few could even afford to buy themselves out of bondage."
Source: https://www.historyextra.com/period/general-history/slave-labour/
In the 1800s Gold was $18.99/oz. While unskilled slaves could be paid $100 - $200 for an entire year. That works out to 5.26 - 10.512 ounces of Gold per year, today worth $16,850 - $33,701. While a skilled slave would earn the equivalent of up to $84,252 today.
If you work 40 hours a week for 50 weeks that's 2000 hours.
$7.25 an hour times 2000 is an annual income of $14,500.
Full time minimum wage earners in 2025 are paid less in a year than unskilled slaves were in the 1800s.
While median income earners depending on source earn between $60k and $80k in 2025. Which is less than skilled slaves could earn.
Have fun at work tomorrow! 🌚
Opt out. Buy Bitcoin like your life depends on it, because it literally does.
☮️🧡₿
#Bitcoin
#Slavery
#MinimumWage
#Gold
#Income
#FIATisSlavery
#Slaves
Pretty sure it was working and it was just killed in favor of the car and oil consumption.
America needs more trains. Driving 20+ hours cross country is mind numbingly boring. 🫠
Spent some time looking at my model and adjusted the trend line a bit. I'm going to wait a few weeks to see how things go before sharing new charts.
It appears that the COVID crash lowered the trend line by 12%, not 10%, and the China mining ban lowered it by 73%, not 72.6%.
Rational behind these changes is the price prior to 2020 was most often hitting a soft bottom at 1.05x the trend line. After making my previous 10% down adjustment for COVID the price for the following couple months was often hitting around 1.025x or so above the trend line, and after adjusting 72.6% down for the 2021 mining ban the bottom prices were floating on a soft bottom of about 1.015x the trend line. These were closer than they were before, so I am attempting to correct for that difference.
The changes I made better align the prices seen the last 4 years so the lows float around a soft bottom of 1.05x the bottom trend line as was the case before 2020, so the data is more consistent over the last 12 years.
With those 2 minor adjustments the current dip saw a deviation of 4% below, before recovering to currently being above, the long term trend.
This change adjusts my trend line expected bottoms by about 18 days, so $80k forms the new floor that is unlikely but not impossible to be broken on Apr 23rd instead of Apr 5th. With today's updated trend line position being $78,097.42 we're back above it, at least for now.
We'll see if the trend is broken again or if it holds going forward.
#₿BatteryUpdate
Amazing how much more vocal we are when we no longer feel trapped in a job. Almost like debt is meant to make everyone quiet and subservient...
IMO, ANY diet that is exclusionary (Vegan, Vegetarian, Keto, Carnivore) is more like a centralized diet around a single food group. Centralization is weakness as Bitcoiners know.
Varied but reasonable diets, minimally processed, filled with plants and animals of all kinds, cooked or raw with minimal sugar. This is a decentralized diet with no single point of failure.
Humans are omnivores, it seems to me that no meat/all meat are both less than ideal for our system.
I don't doubt that switching from the SAD diet to carnivore improves health greatly, because they're getting real good food and dense nutrition. But the benefits of a single food source will reduce when deficiencies from excluded foods ultimately build up.
No negativity meant, I support your ability to eat as you see fit. We all just want to be healthy.
I look forward to the day we return to high quality projects that takes years of planning to come to full fruition.
The modern economy of ideas is throwing everything at walls and seeing what sticks.
The less time we take to create something, the less valuable it is. The more time we take to create something, the more valuable it is.
With FIAT we have no time, so we spend all our savings as fast as possible on anything to reduce value lost to debasement.
With Bitcoin we can take all the time we need to truly refine our ideas into what they're ultimately capable of being.
We are at the dawn of the Bitcoin Renaissance, and I can't wait to see what the future Michaelangelos and Leonardo da Vincis have in store for the world.
☮️🧡₿
I'll make you a new promise. $1,000,000 by the end of 2028 if no major macro events that affect the mining network's growth occur.
By the value of energy input per ₿ as exchanged through mining over time.
Rising hashrate, offset by efficiency gains in equipment, repriced against time ever 4 years. This grows the network's overall value against time and energy approximately 1% every 5 days.
Under normal circumstances, the Bitcoin network grows 1% every 5 days.