Whatever it takes to make the positive change
I’ve spent my day listening to nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe podcasts and remembering a time when I didn’t grok his thesis at all, and now it all seems so obvious.
Be kind to your no-coiner friends and help them learn, they’re going to need every ounce of positivity in the coming months and years
I saw a video the other day describing how man made fibres from your clothes pollute your body and I can’t stop thinking about it
Happy Jan 3rd everyone!
Imagine a world where Bitcoin doesn’t exist.
Now go out there and ensure it wins
Time to put my money where my mouth is
Here’s to an amazing year! 🥳
GM ❄️
Yo
7 years ago today, Mr. Money Mustache published his article entitled "Why Bitcoin is Stupid." BTC was trading at $15,000.
Last year he added some fresh cope.
https://www.mrmoneymustache.com/2018/01/02/why-bitcoin-is-stupid/
I read this and became 17% more stupid thanks
And then you win
GM ☕️🍂
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?)
They’re admitting that it’s going to go up forever. Everything else in here is just noise and propaganda
Tag yourself I’m Nakamoto Narrative
Oh my god Stunt Car Racer!
I played that to death, thanks for the nostalgia hit
