Avatar
Fred Johnston
c0587dad09e3efae0ec93036aaa0d70658ce9053ee1359edf1763869e6a50e67
Dad of 5. Retired EE Electric Utility Industry. TSLA. Solar. Covid 1984. Arial Speakers. Lake of the Ozarks. ⚡Bitcoin

"...it's really hard to govern today, you know...referees we use to have to determine what's a fact or what isn't a fact have been eviscerated...people self select...much discussion how to curb those entities...First Amendment stands as a major block" - John Kerry

Stop lying and maybe it would be easier to Govern? Kerry said the cost lines would be under water by 2000. He has lied so much it's normal for him to just constantly lie. Imagine if someone actually held him accountable for the damage he's done to Free Speech? No one would listen to him or have him babble - SHOULD show the credibility of the WEF.

It's SO HARD to not measure #Bitcoin in US$ if you have grown up with US$ system (brainwashed).

I'm 8 years into this and I'm almost living a Bitcoin standard. I still have to pay taxes and some bills in US$ but it's almost to the point I'm paying everything with Bitcoin. I have some money stuck in IRAs - worst mistake I ever made funding IRAs/401ks.

But if everything holds together another few years it will all be converted BECAUSE measuring wealth in US$ has become odd for me - stupid actually.

If you can make it through a couple cycles DCAing DAILY (enough to make a difference in your life) your Bitcoin wealth will be so much bigger than your fiat, even a 70% draw down won't matter. Keep stacking SATS daily, move to cold storage every few grand, HODL 10+ years. Enjoy the ride.

Totally agree.

I have learned what not to say. But it's hard to just stand/sit there and say nothing because you know EVERYTHING you say will be challenged or laughed at. So just stay the same stupid shit everyone else is saying, throw in a f bomb here and there, and fake laugh.

This is a problem with being awake and understanding the system we live in.

Go to a college football game. I sometimes feel like I'm in another universe stuck in an alternate reality with unintelligent life forms.

Why I like the Lake life I guess.

Yes. 100%. Unless #Bitcoin becomes overly centralized (nearly impossible at this point). And we will know it long before it happens.

Keep/start reading history of money books. And economic books on real/hard money, like Principles of Economics.

Lords of Finance

Fiat Food

Manias, Panics, and Crashes

Permanent Distortion

The Rise of Carry

When Money Dies

Forth Turning is here

The Lords of Easy Money

Extraordinary Popular Delusions and the Madness of Crowds

The Price of Tomorrow

The Fruits of Graft

The Psychology of Totalitarianism (more important than you think)

I would toss in:

The Bitcoin Standard

The Fiat Standard

But the last two will seem so obvious if you read all the others.

A couple off color but truly eye opening in light of current events:

Atlas Shrugged (required reading for my 5 kids)

The Creature from Jekyll Island

One Nation Under Blackmail

Okay - I will bite. How did they fail?

Gold has worked - nearly flawlessly. In the 1800s it gave us all we have today. Transportation, communications, automobiles, coal/oil/gas. All these technologies were from hard money times - we just built upon them.

Even before paper, Governments would clip coins. That's how profitable it is for Government to cheat the people!

My point is no real money (based on real energy and scarcity) failed without first being debased.

Can you give an example otherwise or recommend a book?

Principles of Econoomics by nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak covers this too.

Every fiat system has failed. Every time, eventually.

The system is flat out evil. It's a system that once you are involved, there is no escape from the treachery. Most don't even know how they are involved in evil.

Did you read the article?

It does not matter if they knew, were involved, or guilty of ANY crime.

They are still guilty. Read it closely.

By this measure, if you develop anything and someone else uses it against Government wishes/rules/code - YOU are guilty of the crime even if you had no knowledge and were not involved in any way.

The judge even says 'the law is clear' of this fact. Which is even more nuts. The legal system is completely off the rails.

"to be guilty of money laundering, the defendants need not be guilty of, involved in, or even aware of the specifics of the specified unlawful activity"

Is this just nuts or am I insane?

YOU can be convicted of a crime EVEN if you are not involved, not aware, and not guilty of the activity/crime.

THIS IS INSANE.

These judges have to be bought off to believe such absolute nonsense.

Absolutely. 5 years ago I still had cancer, high blood pressure, Triglycerides through roof, fat as f@@k.

I got rid of all pills, lost 100lbs, cancer GONE (Oncologist told me you can't fix cancer with diet). I use a service, functionhealth, that tests my blood every six months w/over 100 blood test and my metabolic age is 44 (I'm 62). I feel younger.

What did I do? Meat based diet, fast 40hrs/week Sunday night to Tuesday noon. Cut out ALL seed oils (takes YEARS to get them out of system). Virtually eliminate sugar, wheat (both poison). Eat AS MUCH GRASS FED meat, ONLY pasture eggs (be careful, marketers lie), as I want. Limit veggies but we eat them - organic ONLY. Fruit is sugar, eliminate fruit except for very limited berries. I will sneak in a glass of wine (absolutely no other alcohol) and a HU chocolate square from time to time! As time has gone on, I'm slowly gettting away from that.

you may want to read a few books on this.

Read "Grain Brain" and most importantly "The Ancestral Diet Revolution: How Vegetable Oils and Processed Foods Destroy Our Health - and How to Recover!"

These two books will lead you to another 12 books with 1000s of facts, figures, and history.

It's important to understand no one yet knows exactly how every human body works - but we have a LOT of data and experience to know what does work for most people. And it's nothing like what your Doctor or Government are telling you.

You will definitely change your mind.

The US Government has infinite resources. They can print and hire so many attorneys they never lose.

Caitlin is sticking to her values and trying to 'front door' digital assets to banks. It's the right thing and I think she will eventually win if she can stay in the fight. VERY expensive.

War has been used to create peace, and the world we live in today. For some that's a great thing.

What war is being used for now is insane, and absolutely NOT for freedom, but control. And it's ONLY possible because of the fiat, Keynesian money system where war can be 'printed' - EVERY war lost by the side that hyper inflates the first. It's pretty easy to see who that will be this time if you study history, and hard money.

From other clips, it looks like this is real.

Just stunning that people are signing their names to killing people. Beyond comprehension.

Sadly it's Ukrainians that are being slaughtered. Not to suggest Russians are not dying but not even close to the devastation being done to Ukraine in this US proxy war.

I believe you can see the people cut in. But regardless of the fake photo, we should all be aware how OUR government is funding wars all over the world and profiting from it like never before.

It's insane.

Your original argument was proof of humanity, not proof of work.

Bad 'cells' have LOTS of energy. But they die off if they don't have a NET GAIN of energy! Just like scammers die off when they die out due to lack of gain.

Specific to Bitcoin (which is proof of work at it's core) the network that is OUR collective stored energy in time (indefinite I might add -ONLY accessible by you spending it on VALUE added to humanity!) will grow MUCH faster than the scammers because true efficiency gains will drive the size bigger (study Power Laws).

If we see a break in the Power Laws - organic growth - then you will be right. The bad would start to win and the network would start die - JUST like all the SHITCOINS do. Altcooins are just scammers. Digital fiat UNLESS it's directly/electronically/mathematically connected to #Bitcoin/Proof of work!

Thanks for the conversation. Reader can decide on their own!

Quite the opposite.

Proof of work prevents the spammers and scammers.

That's why the #Bitcoin network (or world wide computer system - biggest ever) is unbroken in 15 years.

You should read Jason Lowrey's book, Soft War. It's not an easy concept to internalized. I am on my 3rd read through the book. I think the book will have historical value at some point.

I stop in the book when I question something. I research it from other perspectives/views. I have hit some dead ends with Jason where he was 'reaching' but for the most part the general thesis is sound.

From a cellular perspective, a cell eating another cell must have a gain in energy or the 'attack' would collapse life. Proof of work. The cells that do attack other cells without a net energy gain, die - this keeps life progressing with ever more complexity.

Bitcoin brings this same theory to money - or exchange of work/energy between humans. At this point, bitcoin is the purist form of value between humans the world has ever seen.

Proof of work guarantees the strongest miners 'win' increasing the security and scope of the network - driving humanity to the next level. The Bitcoin network is growing like it's an organism evolving in nature - which is why it's following PowerLaws and other naturally occuring physics concepts.

Back to your point, this type of system will stomp out the scammers that are NOT adding true value, either in mining, or through humanitarian benefit in the exchange of Bitcoin for fiat or Bitcoin for someone elses work. Spammers HATE proof of work! 😇