First note ever on any social media. Still working on understanding the functions of nostr... #grownostr #seniormechanic #R&D

New bike last week! So much fun getting to kids to school and going to town

#grownostr #ebikes #cargobike #bitcoin

OMG I SOLD COFFEE ON NOSTR!!

#grownostr #craftcoffee #hollerroast #getroasted #lftn #freedom

Good afternoon.

nostr:note1pk3xhw93n3zsfaytz7ujxrlh0pjkegg6s3zgsrujthxc99ar62lqanpr70 if you can see this then deletes don’t work

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

I still have to do a workout today give me strength to conquer the inner bitch.

Good question 🤔 Honestly I don’t remember that time 🫣

Nuclear war aside (since that's basically an ever-present #1 risk), what do you think the biggest global risks/challenges are over the next decade?

damn the politico people are going to be like wtf 🫂

We're chopping it up w/ Preston Pysh #[0] again tomorrow on Blue Collar #Bitcoin!

What unique or out of the box question/topic should we explore with Pysh tomorrow??

When it’s the fifth day of downpouring rain in a row you find little things that add some colour to the day 🌸🌷🌼 PV!

Back in the 1930s and 1940s, there were a lot of capital controls, lending restrictions, securities restrictions, etc. And it was for two different but intertwined reasons.

One obvious reason was that, among countries involved in trade wars or shooting wars, they wanted to reduce capital flows to the enemy.

A second reason was that, due to the war, sovereign debts became so high relative to GDP that they had to inflate away the debt, which was a form of default. It wasn't just 6102; it was a broad range of controls. Carmen Reinhart described it well as “creating a captive audience” in an

IMF Working paper:

“High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative ½ of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.”

-IMF Working Paper No. 2015/007

Unfortunately, as most here know, both conditions are once again present in the 2020s. The US/Europe vs Russia/China contest is providing a useful excuse for governments to crack down on privacy, p2p exchange, money transfer, etc. Meanwhile, western governments have a similar sovereign debt problem that ultimately necessitates inflating the debt away.

Some of this Operation Chokepoint 2.0 stuff is just targeting scammy crypto companies and things like that. And the SEC enforcement actions are also going after crypto securities fraud and so forth. For bitcoiners, those things are not particularly relevant.

But under the surface, the bigger risk is all of the ongoing pressure on privacy, p2p, and the free flow of capital, including tighter bank restrictions and debanking.

I would try going through universe/global feed and find good content then follow and also check out follower lists of ppl you already follow. Also love #[4]​ #[5]​ #[6]​ #[7]​ …among others 💜

I’m sure there are many but I’ve found just a lot of generally new content, not just Bitcoin related. Feels great!

When you send a reply or a zap to someone, what relays do you choose to publish it?