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"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -Henry Ford
Replying to Avatar Cormac

Good luck with the substack and Nostr. Let me know what you think about your Nostr ad strategy and how it holds up!

Here were my thoughts i shared on the post:

Hey great article! I came here from your Nostr “ad campaign” so message me back here on Nostr and let me know how it goes! I’m a small business as well!

I like the swimming naked in the tide quote reference haha. Who was that again? Munger or Buffet right?

I like what you said about money just being a ledger for deferred consumption. I recently listened to a pidcast that described it great too, but more abstract in a way than you did, but i think helps to lend some understanding to money and how it works as well. He described it as both a vessel like a cup, and the value that the cup has. The value is actually the space in which YOU CAN FILL the cup. The money is the vessel that you store your value like bitcoin does (especially in the equity sense you talk about!) but also, your money is what you trade your energy and time for and put IN that cup as well, to later be used to pour out at a different time and place for something else you like, and even pour into somebody elses cup. In a way, this new form of money in BTC, because of the tech element, is both the Cup AND the liquid in a way! So interesting to think about…

Also, i 100% agree with your implications. The shifts that can happen from these major foundational changes is basically incomprehensible, because try as we might, nobody can know the damn future haha or how irrational or rational us as a DUNCE human race can be haha. The same podcast i listened to compared the change Bitcoin can have for money that the discovery of the number “0” had for math. Love that kind of stuff! Bitcoin possibilities are INFINITE! 😉

But i like how you toy and play with the concepts and project out your thoughts of the future. The more people do that, the possibilities that will become apparent, i think. So keep on writing! A definite follow from me!

Thank you for the kind words! It's interesting to think deeper about the things we're very familiar with, like money. Often we take it so much for granted that we don't make connections between the everyday activities and the larger consequences.

It seems like you don't have a lightning address set up that I can send a zap 😔 If you do set one up the 15k sats are waiting for you

I know that feeling... It's just hard to help people understand why inflation happens to begin with, much less convince them that Bitcoin could actually be the solution.

😩 oh no! was not aware, no wonder it's acting so sluggish. I'll keep trying until it works, thanks for your patience

Great point! It's really unfortunate how few people understand what's really going on and how it hurts them personally

I feel the same way. Free speech is meaningless if it has exceptions. Nobody objects to speech they agree with, appreciate, or are indifferent to. Free speech only matters in relation to speech you personally disagree with, don't like, find offensive, or feel threatened by.

The thing about speech, and what makes free speech not only ideal but essential, is that it's... just speech. Not matter what the speech is, the words don't actually do anything. They're just words. If you don't react to the words, it's as if they never happened. Life goes on.

And it's perfectly fine to disregard speech. You don't have to read a book you don't want to read. You don't have to have a conversation with someone you don't want to talk to. You can literally ignore every word they say, or just turn around and walk away. They can scream at you, and nothing has actually happened. You can just keep walking.

That's how I personally feel. I find the concept of "hate speech" unrelatable.

And all that applies ten times more online, where the person is somewhere else on the globe and not even close enough for any possibility of actual harm occuring. You can literally close your eyes or power off the screen and the words are gone.

If you want to take steps to filter the speech you see and interact with personally, that's fine. That's your privilege. But as soon as you start discussing how the group can do something to limit how many people are exposed to certain speech or how to punish someone for some kind of speech, I'm not on board with that.

FREE ⚡SAT⚡ GIVEAWAY, PLEASE SHARE!

I recently started a Substack newsletter and I've been brainstorming ways to bootstrap my subscriber list. I don't use social media outside of Nostr, and I'd like to keep it that way.

I have a theory that Nostr+zaps could open up a different type of "advertising" model. Typically with paid ads, you're paying the centralized social media company to show your content to a bunch of people in hopes that they'll view it. Why not pay the viewers directly and cut out the middleman? That way they're getting some value regardless whether they like your product or not, and it's just a more elegant system overall.

So I'm going to run an experiment myself and see how this works. I recently wrote an article about Bitcoin and money inspired by a comment @Odell made on a recent Citadel Dispatch episode. If you're interested in the philosophy of money and banking, you might enjoy it.

I'm going to link the article below. It's about a 20 minute read. So the first 10 people who read the article and leave a thoughtful response, commentary, or criticism as a reply to this note will get zapped 15,000 sats each. I think that's fair for 20 minutes of your time. After the first ten replies, I'll zap each additional reader 1,500 sats as long as my funds hold out.

And if you find the content valuable enough that you feel you don't need the sats, just zap it back to me and I'll pass it along to the next person.

Thanks in advance!

https://open.substack.com/pub/f0xr/p/money-as-equity?r=3i492j&utm_campaign=post&utm_medium=web

Future generations will look back on Western civilization sacrificing itself on the altar of the climate scam the same way we look back on the Aztecs sacrificing people to Tlaloc to make rain come. Pointless and tragic death and destruction in an idiotic attempt to change the weather.

Exactly! It's like the stimulus payments and UBI people. If printing money and giving it to people works, why not just send everyone a millball and get on with it?

"Companies and individuals doing that activity now will be asked to comply with the registration approved on March 14 by the Argentine senate as part of the amendments to the current regulatory framework to address the Financial Action Task Force recommendations."

Oh great, the Financial Action Task Force (FATF) again 🙄. At least the acronym fits. But it's high time someone grows a pair and tells those FATF***s to f*** off and leave us alone.

The "money" we use today is mostly debt, created by banks. There are a lot of problems with that system.

I think money can and should function more like equity, or ownership. I also think Bitcoin can and is functioning this way.

Some of my thoughts on debt money versus equity money are in the article below.

https://open.substack.com/pub/f0xr/p/money-as-equity?r=3i492j&utm_campaign=post&utm_medium=web

I appreciate that, and I certainly don't mean it in a malicious way. It's not a value judgement, just a theory based on observation in an attempt to understand the world better.

I think it's a personality difference fundamentally. Since the OP was about women specifically being chased off, I'll go ahead and give a hot take that's guaranteed to make me some enemies 😅

Feminine antisocial behavior (gossip, insults, reputation savaging, cliques, social shaming, ostracizing, etc) scales extremely well on social media. Masculine temperaments are less effected by these types of attacks. There's a biological reason for that.

Men are often valued for what they can produce materially. If a man has talent and skills, he can provide value and always find a market to support himself, even if he's an asshole and most people don't like him. Therefore men care less about what other people think of them, and more about their own ability to produce, provide and protect.

Women are often valued for their nurturing and caring ability. Both men and women's skills are equally valuable and essential. But women are dependent on a social support network for their physical well-being, while they're busy using their nurturing abilities to provide the long-term survival of the species. Less obviously so in the modern economy, but that's still the biological reality. That makes social rejection much more threatening to women, because it's historically been a matter of life and death.

My working hypothesis is that bringing women into public institutions and politics over the past century is the underlying pressure behind the increasing trend toward censorship, safety culture, and other aspects of feminine temperament that have become pervasive.

Because of that, I don't expect women to ever gravitate toward fully open and unrestricted social platforms. I would expect that the more women move to a platform, the more there will be increasing calls for censorship, self-censorship, and ways to filter and restrict speech.

*to be clear, temperament overlaps significantly between men and women, and what generalizes to women also applies to men with a more feminine temperament, and vice versa

I completely agree. Is it possible to grow an audience only on Nostr though? I plan to find out.

I wrote an article inspired by your recent Citadel Dispatch episode with KG, would love for you to check it out and give feedback.

Appreciate your principled stand, live free or die 🫡

https://open.substack.com/pub/f0xr/p/money-as-equity?r=3i492j&utm_campaign=post&utm_medium=web

Don't understand how someone gets "chased off" Nostr 🤔 when it's literally just words on a screen and every account has a big "unfollow" button right at the top if the words are really having an effect on you 🤷🏼‍♂️ just my 2 sats