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Congrats, remember protein intake !😁 very important as we age.

Replying to Avatar Cyph3rp9nk

by nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2

This new paper is a true declaration of war: the ECB claims that early #bitcoin adopters steal economic value from latecomers. I strongly believe authorities will use this luddite argument to enact harsh taxes or bans. Check 🧵 for why:

Rather than praising bitcoin as a tech paradigm shift à la petroleum and the internet, the authors introduce the blatantly luddite argument that "early adopters" ... "increase their real wealth and consumption" ... "at the expense of [latecomers]".

Then they go on to brazenly advocate for legislation ... "to prevent bitcoin prices from rising or to see bitcoin disappear altogether" in order to prevent "the division of society".

The authors also model some projections, to illustrate the paltry amount of BTC that will remain available for latecomers. (Woe is me! Conspicuously left out is the reason that has driven 15 years of bitcoin adoption & development: it's simply better tech.)

In all the years I've been monitoring the bitcoin space, this is by far the most aggressive paper to come from authorities. The gloves are off. It's clear that these central bank economists now see bitcoin as an existential threat, to be attacked with any means possible.

Many of us have warned that this was coming: bitcoin as a major political fault line both in national and international elections. Well here it is. It means that us HODLers must take action to insure that governments respect our basic right to hold property.

And no, this won't be a war between haves and have-nots. Rather this will be a historic clash between those who stand for the natural rights of the individual, and those who clutch at the failed ideologies of collectivism and central planning.

Here's the download link to the paper: "The distributional consequences of Bitcoin". (We need detailed rebuttals. Who's writing one?)

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4985877

Such a hard thing to read...

Replying to Avatar SatsMan

☺️ There’s a little coffee shop where two people walk up to the counter.

“Five coffees, please. Two for us, and three hanging.”

They pay, take their two coffees, and leave.

Curious, I ask the barista, “What’s a hanging coffee?”

“Just wait, and you’ll see,” they respond with a smile.

A little while later, two girls come in. They each order a coffee, pay, and go on their way. Then, three women order seven coffees: three for themselves and four hanging.

My curiosity deepens. What’s with all these “hanging” coffees?

Then, a man in worn clothes, who looks like he’s fallen on hard times, approaches the counter and asks, “Do you have a hanging coffee?”

“Yes, we do, sir,” the barista replies, handing him a hot cup of coffee.

I finally understood. People are paying in advance for coffees that will be served to anyone who can’t afford one.

This heartwarming tradition began in Naples, but it’s now spreading to cities and towns across the world. In some places, it’s not just hanging coffees—you can leave sandwiches or even a full meal for someone in need.

Imagine if we all embraced this simple act of kindness in our own communities. A small gesture like this could make a world of difference to someone’s day, or even their life.

Let’s start bringing this tradition to every city and town. One small act of generosity could ripple out and touch countless lives in ways we can’t even imagine. #Nostr #Bitcoin #coffeechain #kindness 🧡💜

nice to hear.

Nice, they can be proud of their work toward witcher series.