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Bitcoin on Standard

So we found the of this cycle.

FeelsGoodOn#Bitcoin

watched this couple days ago. wish we could build on any damn property we own without permits and all these bureaucratic bullshits.

Bitcoin as a commodity is a different world of Bitcoin as a medium of exchange. Right now we are on the first world. Soon enough we will move the the second world. And the upgrade is huge for the network and the humanity. #Bitcoin will bring back accountability to this planet. It is inevitable.

It's really hard to fool a rich smart individual, but really easy to fool many poor not smart ones.

Stay humble and keep stacking sats. #bitcoin

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.

I had some thoughts couple hours ago of when we ll be able to buy a loaf of bread for couple sats. And how magic would start happening under this new standard.

Replying to Avatar Dug

Gm nostriches, happy Friday.

I often think about how to introduce the topic of Bitcoin to someone. Every time I get asked, I fumble, trying not to be too bullish, not coming across as a know it all prick who got in early and then end up focusing on the uncensorable nature, which doesn’t resonate (I’ve done nothing bad, my bank account works fine).

Should I suggest a book? Or maybe an article? academic paper šŸ˜† ? Btc magazine 🫣? , but getting someone to read the Bitcoin standard, while near essential for the next step, is still a hurdle, if they don’t want to know about Bitcoin, why would they get into that book in the first place.

But Bitcoin is simply that little bit of ice poking above the surface, with price being an ice cubes’ worth of it. Reading #genesisbook, I’m finding about the road to bitcoin, the why of Bitcoin, the who of Bitcoin and so much of what is hidden under the water.

How am I going to respond to people asking about bitcoin now? Still don’t really know, and still think the uncensorable nature might come up (you don’t want your account frozen), but maybe ā€œlet me tell you a story of something that began in the 1960’sā€ or just tell them that it’s complex, interesting and important, here, borrow my copy.

I’m not going to convince you now, I’m not bitcoin’s sales man, but if you’re interested, spending a little time learning about its origins (and other related topics) then come back to me with any questions.

Also, if you feel the need to google bitcoin, please be aware that your ā€œtrusted news outletsā€ such as the BBC openly lie about it and will fight any request to fact check with they publish. Thank you nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk and nostr:npub1hwgw0uznr49t4gullpgfz4m5xnakl5a0l88m3k382xv7ys0tfmlsd503sg and of course nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 https://fountain.fm/episode/DSIL2BCs0XyC42wd12Zd

First step for someone is to understand economics and how fiat economics deceive us.

It's the base line for life.

After that Bitcoin is simple and way natural.

seems like a Wagyu

Replying to Avatar corndalorian

all of them, without a single exception.

worths the effort. Try to play around 60-70% fat and 30-40% protein, and let the fun of transformation begin. The more animal base the better for you.

Replying to Avatar Gigi

This should be the base of every mind actually.