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Delta, Dirac
c1e7fc21b4f9c199e6086e095639f0f16a4e4884544547ce8a653ed7b5b6c4a7
I must see fiat fall so there may be a sound econo-calculus and true techno-industrialists can proceed in their work unimpeded. Crusader against technofaggotry. @DeltaClimbs on twitter 1-arm-chinup nationalism

Bitcoin could use fewer people caring about global south and their suffering under financial fiat tyranny. It is an intellectually lazy concern to have.

Better to focus on how fiat limits the growth of the frontiers of civilization. Others will be fine without you "saving" them.

Build your own non-KYC airplane

Be sovereign

Are you really a sovereign if you can't build aircraft?

Be honest about where you stand

But then re-raise your expectations

Can test anything that is detectable so I don't see why not.

Nostr bear market

Do you call it a "nobear" market or a "bearstr" market?

And only one is immortal. #AbsorbingBarrier

Baht-bit parity

1 baht = 1 bit

Bits the standard

Who else is going to be in El Salvador in November for Adopting Bitcoin?

For the same reason I haven't been on here much past few months. UI/IX not at Twitter levels yet, and only 10k people here. I look forward to Nostr growing, but feels like a "bear market" here.

Verifying my Twitter handle is @GhostOfDirac

They got bye-nanced!

What's gonna happen with Swan Bitcoin now? ๐Ÿ˜‚

You should see Jeff Booth's VC profile. He literally calls himself a visionary under his bio and he named his firm "EgoDeath Capital". Can't make this shit up. Expect a lot more people trying to call themselves geniuses for being 2020s bitcoiners. ๐Ÿคฆโ€โ™‚๏ธ๐Ÿคก

Breaking: fake conservative plays victim and cries about rising interest rate reducing his access to the money printer. ๐Ÿคก

Oh you thought El Salvador was based? This is Javier Milei proclaiming "leftist sons of bitches, liberty advances, long live freedom, motherfucker". He is not a fringe candidate. He is the favorite to win Argentina's presidency this November, with >70% on Election Betting Odds.

https://video.nostr.build/37684486f59c9464d0a78a6f9548880d78e4ed050542e1e728e188bf8a668cca.mp4

Replying to Avatar Jeff Swann

Theoretically only private borders should exist.

But so long as money is being stolen for "public projects" I'd like to see them managed at least half as well as they would be privately.

The "public" part of a public library doesn't make it a homeless shelter. And shitting in the park should be policed. People who make public places unusable should be dealt with so that the paying public can continue to use what they have paid for.

I do think that having the govt manage the borders has produced a world where they are paying all the wrong people to cross them. The real solution to that is to destroy the money printer & all political power entirely, but in the short term the socialists tend to hate policies that disrupt their plans, & I certainly don't want their plans carried out either.

Minarchists believe that all a govt should do is provide security & justice. I believe giving a force funded org power over those things is the seed that corrupts everything else, and that a voluntary market would do those things better. But so long as resources are being stolen, & govt is monopolizing things, wanting resources directed as productively as possible doesn't seem like the wrong thing to want.

The problem is that we are fast approaching some sort of anarcho tyranny (or whatever you want to call it) where security & justice are unenforceable by law. Factions within the govt are using stolen resources to actively destroy both public "services" & private property; theft is literally legal in major cities, & private property is used to house the homeless by decree (making property rights less meaningful to a whole new degree). And the govt is creating armies of economic refugees at home & outside the country, & then bribing them to help terrorize the productive people that they really want enslaved.

That said, even though I thought Trump was the lesser of two evils in both cases I also couldn't bring myself to go & vote for him because I don't want any responsibility for anything any of these evil bafoons do. And it's not lost on me that border walls are more often used for keeping people in. So when the socialists start supporting them it's probably just time to leave.

Fuck this anarcho-tyranny... I wonder how many decades it will last.

Bitcoiners can barely wrap their heads around standard of value -- hard to be bullish on effective private security and rule-of-law services becoming available all that soon.

nostr:nevent1qqsddtwmh3ukqxck9g7xglgq6c6z07n5sfx4vxcrn7jplkz967rjutqpzpmhxue69uhkummnw3ezuamfdejsyg8vn8ku24n7q2q4lv2syq59utag8yynrnklt8yr66ajchmwu9fshypsgqqqqqqsd7gn87

Replying to Avatar jimmysong

On BitBoy and Moral Degeneracy

---------------------------------

BitBoy was arrested after his Lamborghini was stolen, an event he even live-streamed while confronting the thief. Ironically, a person who has been accused of defrauding others was indignant when he himself became a theft victim. But this is not just an isolated event; it shines a spotlight on a wider issue of ethical decline.

Individuals who willingly defraud others lose all sense of justice when they themselves are wronged. This mindset echoes socialist ideologies that champion the idea of seizing propertyโ€”unless, of course, it's their property that's in jeopardy.

Double standards have become the norm, especially in politics. Some people, whether due to their minority status or alignment with popular political stances, are given a pass for unethical conduct. Meanwhile, others face public scorn for lesser offenses. This normalization of double standards paves the way for bad behavior, as exemplified by BitBoy.

But let's be clear: BitBoy is far from being the worst offender; he's simply the most visible one. This cycle of deceit, fraud, and theft will persist until we start stigmatizing moral decay. And that will only happen when our leaders stop getting away with their own moral lapses, which unfortunately are way too frequent under fiat money. They can and do abuse their position for personal gain, stealing from everyone else in the process. As long as the temptation of stealing from everyone else is there, and easily obscured by talk of "greedy corporations" and "perfect storm" of "unexpected circumstances" we're going to just see this moral degeneracy continue.

The way to stop this is not reform, but a different financial system that doesn't have so many holes. Bitcoin, as you might expect, is that system.

Fiat delenda est.

Shortly before my Twitter account was obliterated by a fiat egomaniac, I wrote a thread laying out my predictions for how a bitcoin ETF could underpin a fiat 2.0 that purports to be atop (fractionally reserved) bitcoin. Here is the 12 part synopsis:

1. Operation Chokepoint 2.0 made Utah ILCs and other banks of the style that underpin lending startups unwilling to touch "crypto".

2. Before that, it would have been plausible to start a business that originates fiat loans for the purchase of bitcoin (sort of a layaway/mortgage style).

3. If the bitcoin were held in a 2-of-2 deadlocked arrangement between customer and lending company, it ensures company cannot rehypothecate, and ensures the loan is at least eventually paid off.

4. It is a great business, and as the calculator on https://faucet21.com shows, it allows people to end up with a lot more bitcoin.

5. As companies like Swan, Unchained, Strike, and River with mediocre business models chase greater revenue for investors, those companies and others will build lending tools like this, but for a bitcoin ETF rather than bitcoin.

6. In this way, they can gain 10x higher fees on 10x the investment capital (note, this is effectively the money printer getting connected directly into bitcoin purchasing) all the while triggering NGU. I anticipate the ETF will actually be 1:1 for a long time because there is an end game.

7. It will become the standard for noobs to get in this way and the bitcoin price will rise into the millions -- most influencers, podcasts, and conferences will dismiss the problems due to NGU.

8. Then when the bitcoin ETF rivals the pension or housing bubbles, perhaps even just low tens of trillions, the 6102 will be announced, and the ETF will turn into fiat 2.0.

9. There will be a conversion window turning all fiat 1.0 into fiat 2.0 (maybe all tied to a central federal reserve account that individuals have access to), so there is your first large chunk of devaluation.

10. There will be top down attempts to force all contracts to be denominated in fiat 2.0 -- large companies will pay salaries in it, BlackRock will rent houses in it, and fiat cash will be eliminated for total surveillance.

11. If it does not fall within days to weeks, fiat 2.0 will fail shortly thereafter as it trades at a significant discount on the international markets due to its market estimated amount of underlying bitcoin combined with huge counterparty risk and lack of auditability.

12. Nations that minimize the violence and theft they carry out in this tumultuous time may emerge as new global Schelling points and private companies will step in to further stabilize these regions by providing voluntary rule of law and insurance services.

Many will be rekt, bitcoin will be fine

Tick tock, next block

All you idiots fuddding FedNow -- it will singlehandedly do more to destroy the US dollar and banks than 97% of bitcoin startups. Y'all have not thought this through, at all.

https://techcrunch.com/2023/09/26/fednows-legal-terms-contain-a-game-changer-for-digital-wallets-and-payment-apps/

Anyone have an idea of what will bring more users to Nostr? Based on NostrBand Stats, the real users have been about 8k for past 6 months or so. Totally sideways.

Dry machining tile without a mask is a really bad idea. Imma start telling people walking around with masks outside they're killing low income workers by making masks harder to access. ๐Ÿ˜‚

Running your own BTCPayServer and WooCommerce. Idk of any decent marketplaces now. ... barely even all that many bitcoiner online merchants that I have found so far. https://circularbtc.xyz

Well, it finally happened, that fiat scumbag kicked me off his grifting platform. Has Nostr improved much in past couple months? Seems it's been a bit sideways in terms of adoption.