So much to dissect there. But I think we have beat it to death for a message board!
And yes, EVERY single CENTRAL authority/Government War as far back as history goes was funded by printed money (or clipped coins). There are no exceptions. As Government became more centralized and bigger, so did the wars!
To Jason's point, the winner often had the technology advantage. Think gunpowder (which is a fascinating history since the major power of the time REJECTED the technology).
On your thought about Jason not responding (even though the author did finally read the book), it's very hard to have a conversation with someone about physics if they have not studied physics. Nutrition is another example, it's SO stinkin' complex, it's hard to have ANY conversations! Simple definitely does not work.
I’ve listened to his podcasts and I’m familiar with his theories. There’s nothing novel about what he is saying, humans have always tried to use technology to protect their property. But one thing he fails to explain is how a government can use Bitcoin proof of work. He talks about using physical power to secure data. But how does the dmv, for example, secure data using proof of work?
I recommend you read these:
Yeah - read it....
"But Lowery claims that Bitcoin creates a replacement for the kinetic power projection game and is a threat to the United States' "business model" of exporting property defense across that world. That's some massive hand-waving and I fail to see how the dots get connected between Bitcoin and everything else..."
I think this author is looking for a simple connection - and it's deeper than that.
#Bitcoin 'is' connected to everything else as a base layer of money/value/energy. This is the foundation of Jason's theory.
I don't disagree with the author that Jason leaves a lot of gaps uncovered. I believe that's the idea of a thesis?
In the second piece, after he reads the book, he makes some great points - again, Jason has not (and can't) close all the gaps.
The macrochip concept - energy grid as a macro computer - he makes the case they are all independent. He is correct, in the literal sense. But on a more macro sense, 'energy' is a global connected force. Energy is the foundation for all of life, civilization, and required for humans to evolve. It's also the base layer of WAR - which connects everything (sadly).
So I think this guy is deep in the details, but off the beaten path.
I would liken it to arguing with a flat earther. They may say something like, "Look out at the horizon - it's flat you idot! Why are you so stupid?"
Galileo Galilei proved the earth was not the center of the universe. But 'common knowledge' church goer at the time (the churches power actually) did NOT like his thesis - too many holes! And they threw him in prison - the average person believed for many decades the earth was the center of the universe! Galileo died confined!
So the debate goes on - I read nothing that would make me discard Jason's thesis. My perspective is mostly from the energy side. I'm an Electrical Engineer by education and worked in the electric utility industry for 40 years.
I see where you are going. We just have to disagree.
Jason's work at Space Force (I have read Softwar, twice - great read) has the picture of a deer antlers on the front cover of his thesis. This represents the idea that #Bitcoin is antlers for humans.
Interestingly, humans are the only species (other than monkeys) that kill their own for property/mating rights (you can add in their political power too - but that's just property rights).
Deer fight until the antlers break, and the buck that loses walks away - they don't kill. Even bears don't kill each other.
Jason is making the point that in order to have a war (killing others) you need a GAIN in resources or it makes no sense. Bitcoin make it more costly to go to war than to have kinetic war for property rights (gain). This basically makes kinetic war obsolete.
He deep dives into cell division, and many other aspects of life to make the point.
SO - when you mention 'bitcoin as a weapon' that's not actually accurate. It's a weapon of peace by making property rights indisputable - ELIMINATING the need for war/most other weapons.
It's not quite this simple, the book explores deep avenues. But that's the general idea.
Proof of work - no doubt.
Be sure you get enough protein, especially if you are working out. I did a similar 'proof of work' but cut out seed oils, wheat, and sugar. Mostly protein based with some veggies. Went from 270 to 170 without really dieting - I eat a lot! Many other health benefits showed up too.
Some of the best summarized research I have read lately is from Georgia Ede. Another good follow is Nina Teicholz, who is an investigative journalist turned health researcher. She's done some great work (second link is a talk done 10 years ago).
It's not mature yet - so we are still in kiddy land (along with the early adopters and outright anarchists). Sorta how everything starts... ;-)
Just curious, why would you say these two?
Are you just being antagonistic? (I lack a sense of humor!)
You really think Government is that smart?
I do not -
Just more reasons to self custody.
And NEVER keep your seed where you live, in a safe or otherwise!
OFF SITE.
This is going to be a fun ride for those that pay attention and keep their #Bitcoin secure... Good times ahead!
(read LOTS of books and buy Bitcoin daily (NOT the ETF). Move to cold storage every few grand. HODL 5+, preferably 10+ years)
This is super easy, but the discipline is very hard.
Stockman has written several books. He makes some great points but is off key on a lot of issues too. If you want to believe this article, be sure you follow up and read a few of his books so you can put things in perspective.
I'm coming across as defending Trump - I'm not. But contrary to popular belief, Trump had the right idea about many thing (border, regulation, taxes, etc...). I also believe he understands the problem with deficit spending, but if you are just turned off on Trump you can find clips, cherry pick, and make the case otherwise.
The problem with discussion about spending is you can't just look at spending, you have to look at spending, debt, deficits, and GDP growth at the same time to understand if/where/when there is a problem.
We are beyond the point if stimulating the economy with Government spending. Gov spending is crushing the private economy. But Gov spend has worked to simulate the economy in the past, the problem is Gov (BOTH parties) spend MORE after the economy is roaring (not less) and the entire Gov system gets bigger.
Biden is spending because that's all they can do to keep the shit show going - and he is the poster boy of the magnitude of the problem the last 50 years.
The reason BOTH parties don't like Trump? He's not in on the game AS MUCH as the insiders. No doubt Trump has worked the system to his advantage - you don't become a billionaire being system stupid.
Your 401k is doomed. I have been draining mine the last few years (I’m old enough) at great tax expense. Fortunately #Bitcoin has made the tax losses up +. Banking as much as possible on Strike for a quick move to cold storage if required.
I think we have time - but not waiting around to find out how much time (no one knows).
I gotcha. But with independence comes mistakes.
We have 5 kids - never a curfue or 'rules' - we ALWAYS said, "You do what you think is best, and if you are not sure, be sure to ask (or you many lose your car if you mess up)!"
Absolutely - independence does not equal correctness, but you have to give people the ability to make mistakes (and if it's your kids is SO HARD).
Our youngest is 21 this year, oldest 2 girls are Chemical Engineers, then a teacher/business owner, then two boy Engineers (Materials and Electrical). So instilling this independent thought, and then shutting up when they made non-life threatening mistakes, was critical to their success.
Which is critical to all our success!
I guess we were on the same page to start! :-)
Ahhh - there is the conundrum.
Replace one tyrannical system with another, is that what you are saying?
Contrary to what you are saying (and possible believe) the solution to overturning the whole of humanity is to promote EACH individual following their own instincts. And ONLY their own thoughts/beliefs.
Because without this approach, you become a slave in ANY system.
Independent thought is the solution you seek.
“I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine.”
― Ayn Rand, Atlas Shrugged
She wrote a book. Study her history. She was fired from her job long ago for not agreeing with the Climate Propaganda.
You can see her entire history, how she runs the site, and funding on this page.
Judith Curry is the most level headed scientist on climate change. Her website is not for the faint of heart. She has dozens (hundreds) of scientist and scientific data on her site. It's very good if you truly want to understand the planet and pollution. But you won't stay on the site long if you want a punch line - you will stay on the site to understand, truly understand. www.judithcurry.com
The replies here are really good.
Been having these conversations for a couple decades. It always seemed people just did not understand money.
This thread is an eye opener - the reality of the situation and the knowledge of the 'system' is growing fast!
Guess I could have seen this by the #Bitcoin price. But it's so great to see awareness grow! And see how well understood some stupid money transmitting nonsense can be.
Or maybe it's just people on Nostr are smarter? ;-)
Eventually members of Congress will own a lot of #Bitcoin - because they have profited the most from the fiat SCAM. BUT, they will have to work to keep it - which is good for all the working people (who elected officials STEAL from now through money printing and deficit spending).
I don't think too many see it yet - I could be wrong, but it does not look like it.
The Covid scam turned on the money printer. That was all from the Socialist, not Trump - who was cutting 1000 of regulations and laws to free up business growth.
Regardless, I'm not defending Trump - but he had things rockin' before the Elites decided to introduce Covid.
Growth is what allows you to deficit spend. As long as your Economy is growing faster than the debt, you can sustain the debt - not that I think that's a good idea, but it's a fact.
What actions make you think he’s not for sound money?
He did cut taxes and increase the deficit, but the economy was starting to roar too. The next logical step after that is to try to cut government spending and bring things under control. It doesn’t all happen at once.
Government/Fed (don't be fooled, they are the same) KNOW they need to start printing money VERY soon.
When they do - #Bitcoin, Gold, Silver (and probably oil and most other commodities) will absolutely go crazy.
And if they don't start printing BEFORE the debt defaults start (research the Bond market) the amount they need to print will be obscene. They already need $20 trillion to save the system. It could be magnitude HIGHER if even a few trillion of that move to Bitcoin and Gold - and it will.
Everyone asks, why is the Government borrowing so much, they are fighting the Fed. The Government spending is all that is keeping the system alive right now - and it's taking trillions to keep it alive during the 'good times' -
The whole thing is unbelievable.
My question is this: What is the alternative? I just don't see one and no way they can shut down Bitcoin.
Hold up Bryan -
I think you are discussing a 51% attack - because the #Bitcoin network can't be taken down - there are probably over 20,000 Nodes running right now - all over the world.
IF there is a 51% attack - it will be very energy intensive, and the reality is we will know it's coming before it happens. This is not going to be a simple take down.
Furthermore - do you really see China and the USA/DOJ collaborating to take down Bitcoin? To what end? Then who wins? China or the USA? Why would they work together?
While anything is possible - the earth could explode tomorrow from an internal malfunction too - or the sun could explode and wipe out the solar system. We have to entertain any and all possibilities but ignore those that are even more remote than guessing someone's keys (which would require winning the PowerBall Lottery 9 times in a row). Clearly not a threat....