“The more we try to provide full security by interfering with the market system, the greater the insecurity becomes; and, what is worse, the greater becomes the contrast between the security of those to whom it is granted as a privilege and the ever-increasing insecurity of the under-privileged. And the more security becomes a privilege, and the greater the danger to those excluded from it, the higher will security be prized. As the number of the privileged increases and the difference between their security and the security of others increases, a completely new set of social values gradually arises.”

F. A. Hayek

How popular is Bitcoin on Wall Street? 6% of all the money flowing into American ETFs is now Bitcoin.

Self-custody is now the law of the land.

This except it's everyone who I have told to move over to a Bitcoin standard since 2016, I guess they're all happy so more power to them, but I couldn't do that to myself

Maybe we need to post less about Bitcoin and more about God, family and friends on nostr.

Any bets on how long before Trump makes it unlawful to talk bad about the president?

I wouldn’t discount it entirely for 2025.

Our dear leader

Senator Lummis: “Don’t get distracted by shiny objects.

Strategic. Bitcoin. Reserve.

Washington is a swampy place. Decentralize the savings.”

If #bitcoin stays decentralized and secure, it is imposing the first global free market the world has ever seen.

Productivity gains flow to broadly to society in free markets through deflation.

Everyone gets richer every year and competition to provide value increases driving a cycle of unprecedented prosperity.

But, if you are pricing #Bitcoin in USD, you are still in the system of extraction and centralization which must centralize faster through the extraction of the productivity gains that should flow to society in the form of lower prices.

The two systems are incompatible!!

And…It is a confusing topic because we have no reference for what a global free market looks like……so many people will get rug pulled (eventually) by not choosing self custody and running nodes. Instead trusting institutions and a paper derivative of their #bitcoin.

Why: because it will appear they are getting wealthy (in USD) Protecting the decentralization and security by running nodes and being constantly vigilant for new attack vectors will seem like a stretch! For most people pressing the easy button in an ETF or other centralized entity will seem like the right thing to do which ensures faster centralizing.

That centralized system of extraction MUST eventually attack Bitcoin or fail.

This may be a long time out. Ie - if I was on the other side of the fight - I would make my system as easy to integrate to bitcoin as possible and use the natural biases of humans against them. Ease of use, trust in institutions, time, etc so they didn’t “need” to worry about self custody and understanding how the protocol works.

Those on building on #Nostr, Bitcoin, Lightning, Ecash and spending their time contributing on this open protocol and teaching others are on the front edge of the greatest change the world has ever seen. From extraction to cooperation.

Stay vigilant, stay focused, run a node, and tune out the madness of the system of extraction trying to drag you back into its centralized structure.

For the opportunity to exist, It had to be this way!

We are so early.

I'm here to escape censorship and see reality from all y'all's perspective. Tell me what you know!

#introductions

Imagine if the Trump family had used their massive platform to educate people about Bitcoin instead of launching shitcoins with huge insider allocations…

I guess the desire to pump their own bags was too irresistible…

Just the CEO of Bitcoin Magazine “appreciating” a $500M shitcoin rug pull and “degen’ing” on chain.

💩