In a couple decades there will be countries that have “banned” #Bitcoin only to face energy crises that can only be solved by their energy abundant neighbors. Too bad they only sell their energy in #Bitcoin. Fuck around and find out.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4
Satoshi probably knew that our current system would not disperse the benefits of the marginal cost of production of just about everything collapsing to zero, so he built the world a money that would distribute those gains and let us save as things become cheaper.
He probably also knew that the thing that would have the hardest time seeing a decrease in marginal cost of production would be energy.
1. Growth in energy use stagnant since 1971.
2. Energy markets are built on non renewable forms of energy that get more scarce as we use them.
3. The entire global financial system is built on the petro-dollar and is not going to let cheap electricity win without a fight.
By making bitcoin mining energy intensive and block subsidies get increasingly smaller Satoshi made it so that countries would fight to make energy become cheaper and cheaper rather than fight wars.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #halving
#Bitcoin is a physics protocol for the internet
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4
If a country regularly has a 100% inflation rate over a year that would equate to a theft rate of half of all time and energy of its citizens being stolen per year. If half of its citizens opted out one year and the government of that country decided they wanted to steal an equal amount of theft as in past years the inflation rate required to do so would be infinity…
If a government is used to a certain amount of theft in the form of inflation and half of its people opt out and start using Bitcoin then they need to have about 2x the inflation to achieve the same amount of theft as before.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining
Some of the smartest people in the world don’t see it but there is no path where marginal cost of production approaches zero and we maintain consistent inflation of the main money used by society without the break down of society. I don’t know if countries will forget the fiat system or people will just opt out, in the end I don’t think it even matters. Bitcoin winning is the only path.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining
nostr:npub16eqvnxnqmsnn42fk8qkdssujw3z3cp9g49wls8ewjeap3ztwkfyqs0u3m6 Bitcoin is the new CPI
-CPI will be looked back on as being a federal reserve scam.
-It is adjusted to be filled with things that money printing makes cheaper like corn rather then a grass fed steak. Therefore it does not measure cost of living expenses but rather cost of living expenses for a worsening quality of life as incentive structures get broken. If your stubborn about maintaining certain things of quality that existed in past generations before today your inflation rate is higher then what the fed claims it to be.
-A Bitcoin based economy can measure inflation or rather deflation accurately in a impossible to manipulate way in the two worlds that we will have, physical and digital.
Physical: inflation or deflation can be measured over periods of time by comparing the formula for energy value of 1 Bitcoin.
10 minutes of energy used by the Bitcoin network ➗total block reward = physical value of 1 bitcoin at time of being mined.
Digital: inflation or deflation can similarly be measured over periods of time by comparing the formula for computational or digital value of 1 Bitcoin.
Average hashes used by the Bitcoin network for 1 block➗total block reward = digital value of 1 bitcoin at time of being mined.
For example, if the Bitcoin network never used more energy, the block reward stayed the same rather then decreasing, and new technologies to make production of new goods and services more efficient stopped being produced then the physical economy would have a 0% inflation rate.
If Moores law continued as is the digital economy would experience deflation. Digital deflation can happen without physical as it is today but when both are happening at the same time things will begin to look very different.
What happens when Bitcoin mining itself incentivizes the very variables that will drive hyper deflation in the physical and digital when most the world is on the opposite fiat system?
Satoshi created a way for humanity to have live economic data available for the masses. This being apart of the world will prevent famines for as long as the network stays alive and weaken the false arguments of corrupt governments use to impose bad economic realities on it’s citizens.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining #endthefed
Hey #Nostr this is QUESTION 3 of a series where you can help orange pill one more person…
I will post the best questions i am able and my thoughts on them as i progress through my learning of money and #Bitcoin.
If you would like to help steer myself and others in the right direction shoot me a follow and start commenting your thoughts and insights.
Hopefully by the end we will have a library of useful conversations and collection of differing opinions that you all helped create.
Question #3:
It’s interesting to think about how money touches all aspects of life and if we fix the money we can fix many of the major issues in today’s world. Just a few weeks ago i had almost no background on #Bitcoin or our current economic experience and I never would have known how far the depravity has spread from its host.
I’d like to talk a bit about central banking and some of the issues people, including myself, may be unaware that it causes.
What are some 2nd and 3rd order effects of having broken money? What is broken money and how does it reach all aspects of society?
There is a video by Ray Dalio that i would recommend to anyone seeking to understand how money affects much more than just our bank accounts.
https://youtu.be/xguam0TKMw8?si=8wmxgCg-tQ3NbQ3u
Thank you again, let me know what you guys think and #repost if you find it valuable.
#bitcoinsavesus #nostr #asknostr #asknostrdev #grownostr #proofofwork #orangepill #subsidizethis
#POW #Nostrcommunity
When more posts though 😔
#Bitcoin will be a human right.
#Bitcoin just happens to be the first human right that will erode any nation state that doesn’t support it.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4
Homeownership as the focus of the American dream is propaganda to suppress sound money that began the same decade as executive order 6102. I’m personally waiting for #Bitcoin to not only steal value from real estate as the primary savings technology but for governments to no longer feel the need to prop up its value. I can postpone home ownership longer then this “American dream” can last. And will enjoy my home(s) for what seems like a shockingly cheap amount of sats today.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining 
To get rich… Stack Sats
To help developing nations… Stack Sats
To solve the climate crises… Stack Sats
To start a family… Stack Sats
To opt out of inflation… Stack Sats
To get back your time… Stack Sats
To be optimistic… Stack Sats
To create a better world… Stack Sats
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining
Nature does not like monopolies. The systems we built, the very issue is that they go against natural law and create monopolies. We become disconnected and suffer the cycles of civilizational rise and collapse. #Bitcoin is our chance to get back to natural law. A scarce money that is not just tied to the laws of physics but will stop monopolization of industry, lead to decentralization our use of energy, and destroy the monopoly on violence that governments have exploited. We will be less sick, we will be happier, and I suspect back in touch with nature and ourselves.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining 
I’m looking forward to the day when Bitcoin miners build their own energy projects, and infrastructure. Populations will follow the abundance that is created in that area. The way we organize ourselves will allow for smaller happier communities and abundance for all.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining
Ben Arc Proposes New Standard For Conferences, Allowing Audience Members To Shock Speakers With Sats
This is funny. sats will give individuals the ability to power project and protect their own attention!
If society could ever function in anarchy, it seems reasonable that a scarce system of receipts on the rules of anarchy which is physics would be needed. At the very least the minimum amount of forms of rehypothication of money and rules(government) would be allowed to exist, but no more than needed. Rehypothication if expanded from just monetary policy exists in all group hallucinations like government or digital communication where bots can commit rehypothication with information for essential no cost. We are bound to make more than necessary. Bitcoin is the check that makes it the minimum amount necessary for optimal society, individuals can opt out of monetary versions, government versions, and digital versions of rehypothecation using bitcoin. It will changed the relationship to government and social media feeds to a consensual one where we will all have many options in what kind of government or client we want to use/live in. Both will be forced to provide the best experience possible.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4
Nature exists in a state of anarchy and the only “rules” are those of physics…
Ownership of property is ultimately a game of power projection and all life is in perpetual power projection. Humans are great abstraction machines and are able to avoid this until the cornot equilibrium shifts to be too profitable to attack. Thus the final settlement layer of society is war or power projection. Bitcoin can become that final settlement platform for whatever amount of rules and value are put onto the network if it is 10% of global value it stands to reason that around 10% of power projection will be bitcoin mining. Potentially much more since any amount of power projection should give a reward via mining pools. In war countries must expand a minimum amount of force to achieve their objective and must face repercussions from countries not in favor of their actions. Because of this bitcoin mining will be a more efficient return on investment for power projection. The Carnot equilibrium for attack would completely change as Bitcoin became a dominant asset globally.
If Bitcoin becomes a parrellel payment system and store of value then the world being more at war would increase its value(I suspect market cap must get to at least golds for that to happen). This means that if things did get bad enough that countries wanted to do final settlement in war which appears to be happening more and more, then the value of bitcoin rising would decrease that likely hood.
At this point the system that is the most prosperous essentially wins. Central Banks, politicians, and governments don’t have much say in the matter, this is a fair fight of the petro-dollar system vs a digital store of value system backed by location independent energy. Either a small amount of inflation is necessary for society and bitcoin is a backup system that also allows for development of small nations and levels the playing Feild and keeps the country in charge of printing somewhat in check, or an Austrian economic model is preferred by individuals, bitcoin standard is the winner and disrupts the keysnian model completely.
#bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4
Winning in the fiat system means importing more goods then we export. Countries like the U.S. do this by exporting a currency not goods. Imagine a world where the most productive countries aren’t winning because they export a weakening currency but because they actually are producing a lot of stuff.
The rise and eventual collapse of societies literally can be simplified to the investing class shorting their own money via investments.
#bitcoin #economics #nostr #discussion #gm