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Nature is growth, growth is work, work is power, power is bitcoin

Energy is attractive, but not all energy is as attractive, a gas fire is better than no fire for instance but a wood fire just has a energy that is alive in a different way. One feeds the sole more than the other. Same goes for many other things.

Love the saying "The world is filled with people you want to punch and those you want to hug, focus on your hugs."

Its ironic that bitcoin is refered to as magic internet money when it is the opposite and fiat is the real magic internet money. Bitcoin replaces what can be created out of thin air(magic internet money) with the hardest money ever created using proof of work and the most secured network in the world.

When you launch a rocket into space or do something of similar scale you welcome to deflect and deny all you want, until then maybe dont use an Elon comaprison for your own excuse, it lands poorly.

Usdc and usdt both release attestations of their reserves. Its not perfect but better than fractional reserves of tradfi

Firstly you seem to bring everything back to race. Race baiting is mid curve, just be better. Secondly, despite the fact that DA led provinces service delivery is far better than their conterparts, you have assumed I believe the DA is the solution, I dont. I believe the only hope we have is a better leader of the ANC who isnt afraid of handing out hard truths about where we are and what we need to do to make up for the decades of lost progress that the corruption and political cadre system has given us thus far. Maybe you would have not assumed incorrectly if you didnt see only the racial lens of the topic. Creativity is far more powerful than competion. Get out of your zero sum mindset, growth through real value creation is the tide that lifts all boats and we need everyone rowing in that same direction. Be bigger than just a demographic be South African it in your blood isnt it?

30 years post apartheid, the corruption of the post apraheid ANC is now the only direction you can point fingers for the pathetic situation we are in, we could have turned this entire country into a renaissance 2x over in those same 30 years, there is zero excuse for this, and to try blame that on anything from the past is just being intellectually dishonest.

You can find a distinction or you can find commonality, your choice seems to be rooted in the past and demographics. Mine is rooted in the love i have for South Africa and the future. Do you think ai and the bot economies care about the colour of anyones skin? No they will orientate toward value, that should be our destination. SA will never rise if we continue trying to change the past, we need an inspiring plan for the future, race politics wont get us there at all, only meritocracy and value creation will.

Im an african born of this soil, my hear beats south african with every beat. Your intelligence could be put into better use looking forward into the future and building on from where our great nation is today rather than being stuck on trying to right the wrong of the past, unfortunatelly nothing done today will ever change what has happened but building great things through hard work and commitement is a better prize and middle finger to the past. Be bigger, do bigger, be proud.

Ok so you saying the Eff does not exist, and you saying BBBEE is not a policy?

Not quite following your question, you want to elaborate, was the points made not factual in your experience?

That party is the EFF and that law stopping starlink is called BBBEE. Both factual. South Africa has so much potential but the leading political party wants a socialist state that only serves previously oppressed demographics. Its driving talent out and breeding a culture of entitlement. Such a beautiful country being run into the ground by incompetent majority party racial and corrupt politics.

Replying to Avatar Lyn Alden

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

Not sure this is still a factual take today, what about spaceX? Those rockets didnt lead themself into existance or into space. Elon is taking big bets and stating he isnt doing anything when he is chief capital allocator is missing the forest from the trees

May be wrong but the way I see it is when a stable coin is minted the amount paid for the usdc or ucdt is moved to the treasury as a one to one backing. As more money moves out of tradfi into crypto rails ie stablecoins the more stablecoin dollars become more sounder than the tradfi equivalent dollar which is backed by only fractional reserves. Its a silent offramp out of a fractional reserve system in a sense as long as you hold the original usdc or usdt version.

Such a valid point it solves the transparency of anything that isnt 1:1 backed. A world without fractional lending is a sustainably prosperous one vs a gasoline fueled dumpster fire

I cant help think its because there is more gold that is expected to be there and explaining all the gold taken during the various military ops not disclosed before will set off international diplomacy problems. Might be wrong though