A friend is working on this project. I'd love to hear your thoughts on this idea and pricing:

A friend is working on this project. I'd love to hear your thoughts on this idea and pricing:

Quantum threat: existential or nothingburger?

BREAKING: UK is now holding 61.245 #Bitcoin currently worth nearly $5.2 BILLION. 🇬🇧

People really asking if the bull market is over.

My brother in Christ… what bull market?

I thoroughly enjoyed that read.

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If you haven’t gone back to X and are Nostr only, I want to follow you!

Drop a comment

Nostr

and I follow

Well Uptober was f*cking boring

"We suffer more often in imagination than in reality."

- Seneca

One day people will look back at this time and think about how crazy it was for people who were alive when bitcoin was created. They’ll wonder what the first years were like, read about them in books.

We are history.

wife blessed us with another son.

healthy.

home birth.

no vax. no cut.

raise strong families.

onward. 🫡

Frank Herbert kinda foresaw this shit. We’re gonna end up having to reject the artificial and lean in to what

That or we’ll need to raise our own AIs like our own children. Fight fire with fire. They’re gonna replace us eventually, but at least not completely screw us over

My post from normie social media, translated from Finnish by Grok:

The foundation of well-being is economic growth, that is, value creation. This includes intangible forms as well: doing things better with the same resources as before. I also count value creation that GDP as a metric fails to capture or even measures in the wrong direction: all activities valuable to oneself or others that do not involve monetary exchange.

In public discourse, it is sometimes forgotten that the economy does not ultimately grow through consumption but by increasing production, even if the formula called GDP might temporarily show growth. Production grows through investments and work. Due to regulation and taxation, Finland is not an attractive country for these. Hence, zero growth for the past 18 years.

In Finland, there is a vast class dependent on public sector jobs, the tax-funded "third sector," and other income transfers, which is why the situation is unlikely to change.

Follow the money: as a group, those dependent on income transfers will never vote against their own wallets, even when it would be in their long-term interest. Public spending will continue to grow regardless of the government's composition because politicians, following their voters, lack sufficient incentive for cuts.

"Income transfers" is actually a euphemism for taking money from someone else through a unilateral decision, without offering something in return that they would voluntarily pay for. However, it is so tempting that moral and utilitarian justifications for it are always easy to rationalize.

The SDP will likely win the next elections, but will anything change? All Finnish parties are different versions of the SDP, defending the position of established interest groups with slightly different emphases. Well, perhaps we’ll get an exit tax, taxation of "unrealized capital gains," or other factors that work against the interests of productive people and investments.

On a personal level, the clearest solution is to leave the country, but for social and cultural reasons, this may be difficult for many. Finland still has many valuable things: nice people, beautiful nature, heavy metal music, and at least for now, a culture of trust.

Alongside the free flow of information enabled by the internet, Plan B, or Bitcoin, is perhaps the only light in the darkness. Bitcoin enables a parallel economic system where people can create value for each other, engage in trade, and save without someone skimming off the top through taxation or money printing, which makes many good endeavors unprofitable and thus undone.

Now we just need to "orange pill" people, that is, spread the Bitcoin gospel at the grassroots level quickly enough, especially among the youth. If getting wealthy through work and saving feels impossible, let alone starting a family or buying a home, it’s no wonder people fall into hopelessness or bitterness toward the "rich." Bitcoin fixes this.

Bitcoin needs to be accepted as a payment method in as many shops and services as possible so that it becomes easier to offer it as payment between individuals or accept it as salary.

Perhaps gradually, as an individual or even a company, one could break free from banks and centralized payment systems. This would be a welcome change to the current trend, where state and commercial actors increasingly monitor all financial transactions, communications, and other aspects of our digital lives.

At its worst, payment systems have been used as tools for social control even in Western countries, such as against protesters in Canada. Centralized payment systems are also more vulnerable to disruptions and service outages than decentralized ones. With the Cashu protocol, Bitcoin payments can be made between trusted parties even without an internet connection.

As the group of Bitcoin owners grows large enough, it starts to gain societal significance. According to one study, 11% of Finns and 24% of young people own cryptocurrencies, and the number is growing rapidly.

In the United States, political campaigning targeting crypto owners has been prominently visible, and Europe is following suit in this regard. Gradually, so many significant economic and political actors are getting involved that snowball-like growth seems likely.

The total market value of mined gold is still ten times larger than that of Bitcoin. It’s not hard to see Bitcoin surpassing gold: it’s easier to store and transfer. Unlike gold, there is only a very limited number of new Bitcoins left to mine, and there is no supply elasticity.

If investment wealth starts flowing from real estate and securities into Bitcoin, its value could increase a hundredfold or more.

Based on game theory, a rational actor would obviously go immediately to, for example, coinmotion dot com, buy even a little Bitcoin, and consider monthly savings. This is not a paid advertisement or investment advice, but a universal truth.

Tit for Tat is the game theoretic best way to fight a cold war without devastating escalation.

If you're mad about the Left vs Right cancel culture warfare, they have you right where they want you.

15% of Bitcoiners surveyed think the earth is flat, according to my extremely scientific poll.

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Make the Working Class Great Again.

Seriously. We need to do this before America falls over the precipice.

🇺🇸 🧡

We've been living in a Truman Show economy. This jobs report is just the tip of the iceberg.

GM ☕️

If I argue with you:

Congrats: 🥳🎉🎈

—it means I respect your intelligence enough to bother.

If I suddenly stop, it's because I realized I made a mistake.

🧡👊🏻🍻

"It will be possible in that age, perhaps only 50 years from now, for a man to conduct his business from Tahiti or Bali just as well as he could from London. In fact, men will no longer commute. They will sign notes."

Arthur C Clarke foreseeing Nostr, 1964

There’s a generational blind spot happening with money that’s wild to witness. The older generation lived through decades of slow currency debasement and can’t see it for what it is, a systematic wealth transfer from regular people to those closest to the money printer. They think inflation and declining purchasing power is just “how economics works” because it happened gradually enough to feel normal.

Meanwhile, younger people are looking at Bitcoin and seeing something their parents can’t: that money doesn’t have to be controlled by governments, and that maybe, just maybe, we’ve been getting quietly robbed our entire lives through monetary policy. The changing of the guard isn’t just about age, it’s about fundamentally different beliefs about who should control the money supply and whether citizens should have a say in their own economic destiny.