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Jack John
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Curious Pleb

Damn you’re right 🤌🏼🤌🏼 it’s burning dinosaur shit 🤣

This true though ? Hat to spoil the party but source ?

In the same interview the guy advocates expansion of the money supply but only in order to invest in productive businesses not unproductive ones like real estate. He then goes on to claim that this process is enabled by many small regional banks rather than a centralized banking system. He claims that China is an example of the former (lots of growth hence good) and the eu of the latter (too much centralization -> bad). Sounds weird to me. Definitely not a sound money advocate. What are your thoughts ?

So I’ve been listening to this. Turns out lots of the earl Austrian economists were civil servants in the Austrian empire. Isn’t that a crazy contradiction ?

https://fountain.fm/show/0w4PDqqO6uF4ikMgxU3x

When I was in high school everyone told me to become an engineer because there are never enough engineers (doesn’t matter what field). Now I’m done with engineering school and all of a sudden trades are needed and no more engineers. These politicians have no clue what they’re talking about. No one can predict the future.

- any form of working out

- gardening

- just going for a walk

- meditation / prayer

I really enjoyed what Michael Saylor had to say on the what is money show. But it feels like he’s totally lost the plot and just embraced full on cultism at this point.

The idea is that in a world where everyone’s operating on a bitcoin standard, governments won’t be able to fund their war machinery with debt. The most destructive wars man has ever seen where both fueled by gov debt (ww1, ww2). If the state lacks the ability to continue the war by printing more money, wars will at least be shorter. Or so the thought experiment goes.

I guess the counterargument would be that bitcoin derives it’s value by being a peer to peer electronic cash system. You as a bitcoiner carry a certain responsibility to proliferate its use as such. If no one uses it to pay for anything and we all just put it under our mattress, where does btc get its value from?