Every single time I pay for something, I ask “do you accept Bitcoin?”
Usually I get a “what’s that?”
Yesterday I got a “not yet.”
Trending in the right direction 😎🍊💊
The one way to assure increased healthcare cost for people, is to inject a third party which extracts a 30% profit between the people and their healthcare.
Call it insurance, and then convince the people that they should pay a year before they need it, for a service that the company will likely deny without a fight.
I am getting some introductory questions about Bitcoin. Here are a couple of resources for those folks who are at the beginning of the journey. And they’re greatly exciting for those who haven’t seen them in a while :)
Probably the most accessible introduction to BTC. Antonopolous is actually a very technical guy who is somehow excellent at communicating the big picture of BTC with anybody
Michael Hudson giving a wonderfully concise explanation of US economic policy and De-Dollarization.
Why #bitcoin is necessary to save the world
The phrase “proof-of-work” should remind us of the percentage of economic actors that extract parasitically, without producing or contributing to the economy. Push back on economic rents within the FIRE sector with #Bitcoin
#Finance ….
#RealEstate …
#Insurance …
Essential Read for the Bitcoiner:
Killing The Host, by Michael Hudson
I spent time today preparing my taxes. I pay a lot. I don’t mind paying the ones that go to social services and to benefit other people, other species, or the environment, because my wants are less important than my participation within the Earth system.
I very much mind the 51% that goes to warring on other people that want to live their lives, so that corporations can exploit them for their resources and for their labor.
Bitcoin will force governments to spend on the things that its people condone, which is rarely war.
Man’s lack of time and energy is by design. When you work, you work for a system that profits from your labor. When a man labors, he has no time to think and no time to push back on the establishment. Thinkers are a far greater risk to authority than armies
Plato, in common with most Greek philosophers, took the view that leisure is essential to wisdom, which will therefore not be found among those who have to work for their living, but only among those who have independent means, or who are relieved by the state from anxieties as to their subsistence.
Bertrand Russell
True intellectual culture and the demand for higher interests in life does not become possible until man has achieved a certain material standard of living
Rudolph Rocker
Brother, I hope you make use of this new communication protocol to advocate for improvements in Bitcoin’s fungibility and anonymity. The masses easily lose focus on the characteristics that make Bitcoin a monetary force for the world’s most disenfranchised people
I think it’s because the mass of men have so little time and energy to spend developing a broad understanding of the world around them, that they commit themselves to any available philosophy to which they are exposed. Men want to be a part of something greater than themselves…a team, a school, an idea…. And if they only know a few things, they will defend them to the death.
“Only fluency across the boundaries can provide a clear view of the world as it really is.” -Edward O. Wilson
The hours you spend doing taxes or paying someone to interpret the 6,000 page tax code every year are intended to remind you that you are not free.
Dogmatic subscription to any belief, no matter how well-intentioned, will inevitably lead to abuse. The only philosophy to which I am stubbornly committed is that of having an open mind.
The only reason to follow somebody is because they have something to say.
Central banks came into being to fund wars, not to fund public services. They have rarely deviated from this commitment.
The justification for adding interest to a loan is to offset the potential risk of a borrower not being able to repay.
The risk of a loan should fall on the lender, not the borrower. If a lender gives a loan to someone who cannot service that loan, that’s their own failure.
The risk profile has been turned on it’s head. Society blames the borrower for default. It considers that people who cannot repay debts to be sub-moral. And we allow lenders an alternative to accepting the risk inherent in the lending process. Public bailouts? Student loans that are impossible to shed?
Lenders have learned to take the interest from those who can pay, and to subsidize the interest for those who cannot using public funds and public laws
Nothing is more repulsive than the scorn of the popular masses by people who consider themselves the élite.
— Berdyaev
Happy Sunday morning. Should I go to church and learn about why I suffer and why that’s ok?
Or should I have a nice walk and stack some sats so that I’m less likely to suffer in the future?
I used to buy buildings.
Now I just look at them with an admiring eye and think, “I’d rather have #bitcoin.”
This is demonetization of real estate, and this is the reason that Bitcoin will make houses more affordable for people that need them.