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Gustavo
c3caba20313ab8a447d9aae50f45ef505a8454c5748f60e0ce013541f80e20f2

snort.social looking good! Love the preview button on post composition. The 1% devs split for zaps is brilliant. Way to go.

Replying to Avatar Jeff Booth

I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.

The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)

Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)

That system is incompatible with an inflationary monetary system meaning one of those systems must fail.

Either:

1) A system based on truth, hope, and abundance for all 8 billion people on the planet driven by a free market economy and all prices fall relative to bitcoin forever. This means Bitcoin is used as a medium of exchange and freedom tech spreads to the world through lightning, Liquid, Fedimint, Cashu, etc.

OR

2) A control system. An extractive rent seeking system that is NOT the free market (similar to the one we have had for 5000 years that resets every 100 or so years through war) continues to centralize by having you believe price of bitcoin is going up in fiat which makes the surveillance state stronger. This eventually centralizes Bitcoin - custodians, media, regulation (funded from the same manipulation of money) where it is attacked from layer 2. (Similar to gold)

While these ideas may “seem” compatible in the short term because you want Bitcoin to go up in fiat. What it really means is that you are giving your energy and strength to the system centralizing the world by converting Bitcoin to Fiat….to then measure prices.

Quite simply - If Bitcoin is only a store of value, it fails as a store of value.

Ps - It won’t fail. #1 is inevitable in time because too many (and more each day) have seen behind the curtain and are determined to build path #1.

Many of you here - the people that inspire me every day. You make a difference with every word, thought and action.

Almost did that in all caps per nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx because it’s so important.

Referring to # 1 above…..There is no second best.

I find it so funny when people try to project a fiat equivalent price for, say, 2045. 13m, 49m USD, whatever. If the level of adoption is that high, the world will be so different that we won't have the same rule to measure from an outside system (from BTC) anymore. That kind of talk might be good to convince some still, though, so we're all good.

What a talk. The ending words are the cherry on top

https://fountain.fm/episode/dg7rlmtOICVDGwtr7Jnc

I still don't understand Apple fanboys, especially bitcoiner ones. Linux as daily driver for sovereignty

Went on to understand the 'deez nuts' meme. Missed the boat when it peaked. What the fuck did I see.

Read Jeff Booth's book, one eyebrow raised

Read Lyn Alden's book, second eyebrow raised, bought some

Read Saifedean, looked around at who were adopters, mind blown

All in (cold storage)

Orange pilling softly when I can, doing my small part in all this. Hope one day to win my bread from the ecosystem (and put my works hours on it), but baby steps

Replying to Avatar 3shara

nostr:npub1eequz6v23szzyx9utphsh8kg6kll50wte6sfh4vah8gdjtplcz6qg7at9s I fucking love it. So pink 🥹❤️‍🔥🙏🏽

Wait, I don't see the Sonic Youth based one listed there anymore 😞