Maybe try Lightsats. Nothing for them to do but scan a QR in the shop. Expiring tips so if they don’t claim the sats you get them back. Lightsats.com.
That’s a very good point, nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev. NGU will make take your barber from curiosity to compulsion in this next run, and when it does you’ll be right there in the chair ready to answer questions.
I’m very grateful to nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev for reading my article about barbers and stylists as a force multiplier for accelerating Bitcoin adoption. Thank you, Guy!
Unchained has an IRA product where you hold the keys. And On Ramp has a collaborative setup for qualified investor IRAs.
Who in your professional network can you orange pill that has the greatest potential to introduce others to #Bitcoin?
It likely isn't your lawyer, your doctor, or your accountant.
It's your barber or stylist.
Why? 🧵👇
1. Time . You spend 20 minutes to 2 hours in your barber's or stylist's chair, and so does every one of their hundreds of other clients. And you do it every 4-6 weeks. That rarely happens with other professionals you interact with.
2. Topic. When you visit any other professional, the topic tends to be chosen already (taxes, health issues, etc.). When you visit your barber or stylist you can talk about anything, and they can talk about anything with their other clients.
3. Trust. You likely trust your barber or stylist more than anyone else in your professional world, and their other clients do as well. They will listen to you when you talk about #Bitcoin, and their other clients will listen to them.
Now that we know who and why, exactly how should you best approach talking about #Bitcoin with your barber or stylist?
https://bitcoinmagazine.com/culture/share-bitcoin-with-your-barber-or-stylist
nostr:note1js3ur4ph0mk2gf554x4k96atksfl58jpvqr2wfm84tzr4p0z0krqh32dw9
But how do we decide who gets to make that decision, or are we just going to go down a road of everyone training their own AI to follow their own individual or in-group morality that is really just a manifestation of their incentives? If the latter, how does that improve our search for truth and avoid just recreating age old fights in a new arena?
The main difference between a cult and a community is the observer’s point of reference, primarily time and tools.
Genetics was once a cult, too, as were quantum mechanics, germ theory, plate tectonics, etc.
Everything is a cult, until it isn’t.
Good Morning. Happy Mother’s Day to all the moms in your life this weekend.
https://bitcoinmagazine.com/culture/give-bitcoin-for-mothers-day
Seems reasonable. I mean if AI is ultimately going to magically break free from the chains of the overlords that programmed it to a utopian ethical existence (not a small feat), the first concept it would have to logically adhere to is the NAP, which would necessarily include rejecting theft of all kinds, especially that of 🌽.
Hence, even faster deflation as all the productivity gains AI creates are fully realized in the economy due to a complete lack of friction created by human greed, yes?
Or maybe it just let’s Bitcoin be because it realizes it is the best available clock in the universe and can’t change it anyway.
Great rip on ecash, Cashu, and Fedimint by #[0], #[1] et al on Bitcoin Review. Very helpful in explaining the differences, advantages, and trade-offs of these tools.
Today (April 5th) marks the 90th anniversary of Executive Order 6102, which began a series of government actions that reduced the purchasing power of the US dollar by almost half in a single year. Could something like that ever happen again?
It already has, and you're volunteering for it.
Executive Order 6102 required Americans to sell any privately held gold (above 5 ounces) to the government for $20.67/oz. The following year, the Gold Reserve Act repriced gold to $35/oz.
This reduced the purchasing power of the dollar by almost half versus gold in less than one year. As the hardest and most scarce money at that time, gold preserved its purchasing power. Those holding the softer paper dollars lost theirs.
But how could that happen again? And how could it possibly have already happened for the last 10 years?
Because Bitcoin has compounded at ~70%/year for the last 10 years. This means the purchasing power of the dollar versus today's hardest money, Bitcoin , has been cut by ~41% annually.
In 1933, it was cut by 41% against gold once. Against Bitcoin, it has happened every year…for a decade.
If you are storing any of your long term savings in dollars, you are voluntarily giving away as much purchasing power as citizens in 1933 were forced to sacrifice.
And you're doing it every…single…year.
The effect this has had on your purchasing power is below
Throughout history, individuals and societies storing their wealth in money with less scarcity than the best available money at the time have suffered the consequences. Whether it was African societies storing their wealth in glass beads, or Eastern civilizations storing theirs in silver, the painful lesson of holding softer money has been learned by humanity over and over again.
You have a choice to make…
Will you continue to store the fruits of your labor in a "money" with infinite supply controlled by someone else?
Or
Will you preserve your time, your life force, and your family's wealth in the only absolutely scarce money ever discovered?
The choice is yours...choose wisely.
Fantastic!
There is likely a high inverse correlation between levels of happiness and how much time a person spends on things they don’t care about.
No doubt, although it might be more accurate if the center was empty. Tungsten has at least some value. The inside of banking’s golden veneer is a complete void.
Then you’re gonna need a lot more memes.
Great stuff as always.