HATERS GONNA HATE.

I WAS FUCKING RIGHT.

Thanks bro! That's exactly my goal, I can't make a super in-depth video in 3 minutes but my hope is to spark people's curiosity to learn more.

Can a couple people reply here so I can see if my zaps are zapping?

Since my mutiny wallet app won’t open I can’t tell if my balance is changing. And I have too many dishes to wash from dinner to mess around with my Damus wallet settings at the moment 😛

So yea gimme a 🤙 down there please

(That’s what she said? Idk lol it’s late)

Do you think deep, romantic love has always been rare and we just don't realize that because there's been so many stories told of it?

Or do you think it's become rarer because of the atomization, materialism or etc. of our society?

Bond market = Seagulls nostr:note1q4hmt9frm0h5g3vayhp0gfkcrmakpe5dcatse4uz7890xxtht4us3knm72

Gotta put that work in.

Imagine driving down the road bopping to a Drake song that’s just 5 1/2 minutes of him saying he’s not a pedophile

Do men even realize that some women find excessive male wealth a turn-off?

We're about to cross another major Zap milestone according to stats.nostr.band. First it was 1M Zaps, then 2M Zaps. Now, we're about 2 weeks away from hitting 3M Zaps.

It took Nostr about 4 months from Zap launch to hit 1M Zaps in June 2023. Then, it took another 5 months to hit 2M Zaps in November 2023. Now, we're about to hit 3M Zaps 6 months later.

Yes, Zaps are slowing down... 😟 However, we also don't have weekly Zapathons on the same frequency as we used to. These events lost steam and are no longer as impactful as they used to be.

We have about 91K Zaps to go. Zap hard.

I suppose that he lives in a part of the world that is sleeping right now.

Both taxes and money-printing redistribute capital, but the difference is that money-printing does it less transparently.

With money-printing, the effect works behind the scenes in ways that are harder to quantify. That's why when a government can't find a solution between hard spending choices, they print money. It's the easier method.

People know their personal tax rate, they will riot if their taxes are too high, and they know exactly who is responsible for tax levels.

But inflation is a more complex beast. It comes with a lag, for starters, since it takes time for printed money to work its way through the system. And when it comes, propaganda built on grains of truth is effective at making it unclear to people who is responsible. "It's the greedy corporations that are responsible for raising prices, not the fact that we increased the money supply 40% over the past two years!"

And so money-printing effects people not directly based on their income, their need, or other things, but based on their level of awareness of what's happening. It rewards people who are aware of it, and are borrowing the devalued currency, owning scarcer assets, and denominating contracts in harder currency. It harms people who are not aware of it, who are earning wages in and keeping their savings in cash or bonds. Many of them are led to believe that CPI is the target to beat, which is a false low target. The real target is the money supply growth rate.

And capital gains taxes, if the cost basis is unadjusted for the rate of money supply growth, further recoup some of that value from the various harder assets that aware people try to protect themselves with.

A lot of MMT advocates act as though they found some grand formula. But really what they have re-identified is nothing new: it's that the less transparent that government spending is, the bigger it can be before people will complain. People will complain about taxes right away, but currency debasement is the sneakier method for which the consequences come with a lag. So it sidesteps hard decisions this year, and leads to bigger issues a year or two from now, when someone else can be blamed and the whole ordeal can be obfuscated.

And it's not new, despite how some MMT advocates would spin it. Currency debasement has been occurring since the adoption of coinage. And even MMT-scale currency debasement has been occurring since World War I. It is turned to so frequently because its lack of transparency allows it to occur at times and magnitudes when more transparent taxes would not.

SURVIVE IN THE JUNGLE OR EXIST IN THE ZOO.

GM. I did number 4. Which did you do? Your answer will tell me if you’re a psychopath or not💀

All of the profits from the first thousand copies of Broken Money went to the Human Rights Foundation, since Alex Gladstein's public research was so useful for the book and I like the work they are doing worldwide.

The profits from the next four thousand copies went to making an animated half-hour video about Broken Money to reach people that haven't read the book, which we released a few days ago.

My graphics/editing team wanted to make sure that the video had good average viewer time in the first week to help with the YouTube algorithm, rather than the video be sent a ton of clicks that might watch it only briefly and hurt the early quality metrics, so they advised me to soft-launch it at first. We purposely haven't notified my email list or my Twitter feed yet, etc. But it's out there.

It's a half-hour video about the technological evolution of money, with animation. We put a lot of production value into it. And for the people who were sad that I didn't narrate the Broken Money audiobook, I did narrate this video.

In the coming weeks I will spread awareness for the video across my platforms, but for starters, it has been found here on Nostr.

Enjoy:

nostr:note14tgqhfxeu05tyalg07pxqhyz3w3zfw8j8jcx27x9zq8p0y2ahdlqvay0am

Not looking good.

GM

If anyone should be mad at Roger Ver it's me. I have more reason to dislike him than most. I was friends with the guy from 2011 until the bcash split. He oranged pilled me, paid 14btc for baklava, helped so many liberty-minded individuals in NH, and hired me as the first employee at Blockchain(dot)info.

I didn't read about his downfall in Bitcoin in some book or tweet. I had a front row seat.

I don't have the luxury of hating a guy I never met and don't know anything about, unlike most who dislike him.

Have compassion for your enemies. You can disagree with them while simultaneously feeling sorrow for their situation.

I encourage you to give this a try. For your own sake, if nothing else.