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Nadia
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#AUStrich šŸ‡¦šŸ‡ŗ Maths Eng Construction Innovation I am privileged to be able to love strength and conditioning, yoga, eating ruminants and mountains.

Very enjoyable read and so relevant at a time like this.

I used to think malice but these days I think it’s purely retarded

Replying to Avatar Jeff Booth

If #bitcoin stays decentralized and secure, it is imposing the first global free market the world has ever seen.

Productivity gains flow to broadly to society in free markets through deflation.

Everyone gets richer every year and competition to provide value increases driving a cycle of unprecedented prosperity.

But, if you are pricing #Bitcoin in USD, you are still in the system of extraction and centralization which must centralize faster through the extraction of the productivity gains that should flow to society in the form of lower prices.

The two systems are incompatible!!

And…It is a confusing topic because we have no reference for what a global free market looks like……so many people will get rug pulled (eventually) by not choosing self custody and running nodes. Instead trusting institutions and a paper derivative of their #bitcoin.

Why: because it will appear they are getting wealthy (in USD) Protecting the decentralization and security by running nodes and being constantly vigilant for new attack vectors will seem like a stretch! For most people pressing the easy button in an ETF or other centralized entity will seem like the right thing to do which ensures faster centralizing.

That centralized system of extraction MUST eventually attack Bitcoin or fail.

This may be a long time out. Ie - if I was on the other side of the fight - I would make my system as easy to integrate to bitcoin as possible and use the natural biases of humans against them. Ease of use, trust in institutions, time, etc so they didn’t ā€œneedā€ to worry about self custody and understanding how the protocol works.

Those on building on #Nostr, Bitcoin, Lightning, Ecash and spending their time contributing on this open protocol and teaching others are on the front edge of the greatest change the world has ever seen. From extraction to cooperation.

Stay vigilant, stay focused, run a node, and tune out the madness of the system of extraction trying to drag you back into its centralized structure.

For the opportunity to exist, It had to be this way!

We are so early.

Thinking out loud here…

What’s not going to change in the future…the majority of humans will still be wired to think short term?

People adopt what they see others using. Nostr may be the perfect place to present case studies of success stories of businesses transacting in bitcoin…etc.

Bitcoin can win through functionality and necessity, not ideological persuasion…outcompete fiat, not confront it.

Thank you. We are so early. I thought I was late 4 years ago!

šŸ˜‚ let’s create a Nostr meme coin and then rug everyone and anyone with a Nostr profile we split the profits

Oh boy, things are moving quickly.

Any structure, business, or institution built on a weak foundation or low awareness will eventually collapse.

Only those rooted in integrity will endure.

nostr:npub1gk76j57d8w3x8dudj4wllvdke6u7kcqd20j6cwuawkqa90q72x8qqw5nqq writing is very good.

This does a very good job of demonstrating history is repeating itself in patterns foreseen in biblical prophecy.

This does not seem to portray Trump and Musk as villains, but as inevitable figures shaped by their circumstances and the incentives of power.

Thank you Satoshi…we need bitcoin more than ever now.

nostr:note1cwsdkguqs7s5pwnpemwmr7p9n9vzd660x7l80chhhem8hxlelqsss9d2gc

šŸ™„what is old Trumpy up to.

Time to just get on with life.

GN

šŸ˜‚ prison island…very accurate. I’m using that.