Lugano was so much more crazy and fun than I expected 😄

I played my first gig since high school. Can't wait for the next Rockamoto!

nostr:npub1jt97tpsul3fp8hvf7zn0vzzysmu9umcrel4hpgflg4vnsytyxwuqt8la9y nostr:npub1fk8h6g8zhftw8c7pga2zjd84p2z949up5lc3qdchm9v4m0q7mwws7jcwld nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a nostr:npub1lr2zzf989mvf393y0tv39ara6a4vddkd6y87z784up9vl6ks6j3qtudl6a nostr:npub1au23c73cpaq2whtazjf6cdrmvam6nkd4lg928nwmgl78374kn29sq9t53j nostr:npub1ydxytlu95vwpn0m3pzn507nma8x5472u043pupcgpj3dvcamglfql6rlcw nostr:npub1z77juddgcul5la7jq578nsurpxh99633ccanngf863m4gh6gv2msm009sr

I had the honor to interview María Corina Machado, the leader of the Venezuelan opposition, about how fiat money was weaponized against the Venezuelan people by the Chávez and Maduro regimes

She says Bitcoin is a "lifeline" and "vital means of resistance" and said that a future democratic Venezuelan government will use Bitcoin to rebuild the national reserves that the Chávistas stole and put Venezuela back on a path to peace and prosperity

I've put out a lot of content in the past few years but I think this is the most important thing I've done -- the implications are vast considering a) Venezuela is one of the world's largest energy exporters with some of the world's largest oil reserves and b) María Corina Machado is not some rogue leader or dictator but a US ally

I hope you can watch 🇻🇪

Since everyone is jumping over to Nostr, I wanted to share my latest analysis video from behind the paywalled with you all.

Enjoy!

Want to understand how inflation impacts your purchasing power?

Let's look at The New Yorker, which publishes the price of each copy right on the front of the magazine.

1925: 15 cents

2024: $8.99

What the heck happened to make The New Yorker so much more expensive?

It's important to understand that technology is naturally DEFLATIONARY.

Everything should be getting cheaper over time, including The New Yorker.

Think about it: printing, writing, & editing technology has improved tremendously since 1925.

So, why is the magazine more expensive now?

From 1925 to 1971, The New Yorker increased in price from 15 cents to 50 cents, an increase of 233.33%.

That's pretty dramatic, but not THAT bad...

But from 1971 to 2024, price increased from 50 cents to $8.99, an increase of 1698%.

So, WTF happened in 1971?

In 1971, Richard Nixon "temporarily" suspended the convertibility of dollars to gold, ending the Gold Standard.

This meant that the Federal Reserve could now print dollars out of thin air without restriction.

Increasing the money supply by creating new money out of thin air is literally "inflation."

"Prices rising" is the result of inflation.

When more monetary units are created, the purchasing power of the monetary units that already exist decreases.

When the government/central bank prints money out of thin air, they are STEALING your purchasing power.

Here's The New Yorker over a few decades:

1971: $0.50

1980: $1.00

1990: $1.75

2000: $3.00

The magazine did not become more valuable, our MONEY became LESS valuable.

Does anyone know anyone from Bitcoin Paraguay? Active community? Good people?

Would love to! I had nostr:npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsy on to talk about Bitcoin landfill mining and find it to be a supremely fascinating subject