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Max J
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Testing this out

This argument is so stupid. If fees spike then the incentive to mine will be higher and miners will be turned back on. “Let’s make drastic changes because of a hypothetical problem that I think could happen” is such a fiat mindset.

Juxtaposition,

Radio tower meets the clouds

On a mountaintop.

#photography #photostr

#landscape #california

Replying to Avatar Lyn Alden

I go to NYC several times per year for one reason or another. For work, for friends, etc.

Part of me likes it, but part of me gets fucking frustrated multiple times per day every time I am here. (Sorry, this is a Nostr Lyn post).

There are plenty of neat things in NYC that I can’t do at the same scale/quality elsewhere in the world due to the network effects around the city (broadway shows, financial district, etc), and yet after a day or two all I want to do is leave. It feels claustrophobic on multiple fronts.

People all have different vibes but for me, major cities are fun to visit but smaller secondary cities or suburbs around cities are so much smoother to live in. I can’t imagine living all the time in a major city.

The same applies to Cairo, to which I have been in far more total days than NYC. I like Cairo’s satellite cities but not Cairo itself other than going briefly.

Every time I am in a major city I am immediately reminded of the luxury of space, nature, quiet, parking spaces, and chillness of not being in a city. Everything I take for granted normally is now a luxury to fight for in a city.

Even politics are largely correlated to urbanization. If you live in rural or suburban areas, you likely drive around in your own car, you might have some land, etc. Your interaction with the local government exists in a moderate sense. The potential weakness is that you are more likely to always be around those who are similar to you, which minimizes your worldliness.

In contrast to all that, in major cities, everything is so tightly packed, and people rely on public transportation, and even a momentary lapse of government services (eg trash collection) becomes an acute catastrophe. But on the beneficial side, people are around those who are different than them more often, which breeds worldliness.

That’s why I tend to like the zone between rural and major cities. I like secondary cities or suburbs of major cities, because I get a bit of both worlds. The density and interconnectedness of major cities briefly, and the space and self-autonomy outside of them most of the time.

And yet I was born and raised in that sort of inbetween state, and so maybe it is just my upbringing.

What about you? Can anyone sell me the idea of NYC or other major cities that I am missing, especially in the remote work era? I see glimpses of how it could be attractive if you are used to it and know every detail of your neighborhood, but it really does feel limiting to me.

You’ve just described Sacramento and that’s why I love it here.

Summer Longing:

Spring blooms, summer fruit

Backyard patiently waiting

For sunshine and people

#photostr #flowerstr #nature #grownstr #photography #haiku

Unlocking Possibilities:

An open drawbridge

A new opportunity

Catch the rushing current

#bitcoin #grownostr #bridge #photography #photostr #plebstr

Just two dogs using telepathy to demand breakfast. #dogstr #growstr #dogs

Can’t electronically transfer money from one of my accounts. Have to write a paper check to myself and then use my phone to mobile deposit it in another. 😂

Sounds like @matthewdelly was orange pilling Kings players last year by giving a bitcoin as a Secret Santa. Way to go! #nba #growstr

nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l do you have support for email style lighting addresses? I’d like to send and receive zaps with my cash app bitcoin balance.

The beam is lit! #nba #plebchain Barnes carried the team in the first half.

Replying to Avatar Lyn Alden

Boom. My new book, Broken Money, is now available on Amazon:

https://www.amazon.com/dp/B0CG83QBJ6

I will formally announce it later today, so I guess this is the initial Nostr exclusive. It’s not even searchable on Amazon yet since it is still being incorporated into their wider database. But if you have that link, it is ready for purchase.

The ebook, audiobook, and other print distribution partners will be rolled out over time.

Thank you everyone for your support! This has been a wonderful project to work on, and it will hopefully educate more people about the current problems in the global monetary system and the solutions that Bitcoin has to offer people around the world.

Bought!

News doesn’t move (any) markets, sentiment and positioning does. Media likes to assign a reason after the fact. Lots of leveraged long positions and stop losses were wiped out so a small dip became a big one by automated “sell at any price” selling. Occasional big surprises do move individual securities, but bitcoin is not a security.

Replying to Avatar Lyn Alden

Around 2016, the fiscal deficit as a percentage of gdp began widening even as the unemployment rate was falling, aka a decoupling, which hadn’t really happened in the US since the Vietnam War. I realized that macro would be a big deal in the decade ahead.

I researched how sovereign debt cycles tend to end, came across Dalio’s long term debt cycle framework, and built upon it by digging up the source data and finding various quantitative relationships, along with studying past eras of sovereign debt resets.

My masters degree focus and later engineering work in practice was in systems engineering- the method of analyzing and designing multidisciplinary systems (via teams) that are more complex than any one mind can fully grasp. Along the way, I realized that macro was basically systems engineering- mapping out major inputs and outputs, governing logic, identifying and learning from experts in disciplines that understand a key part of it, etc. So along with some economics training, I use a systems engineering analysis approach for macro.

I had been collecting gold and silver coins since I was a kid, knew about inflation and the importance of free markets, etc. I don’t know where I absorbed it from. I later found out that much of how I view things aligns with the Austrian school and so I researched it. I think that’s a compliment to the Austrian school because basically if you reason from first principles, it’s pretty easy to land on or adjacent to Austrian economics. I had taken some economics classes as electives in my bachelors, plus some financial modeling and engineering economics classes in my masters, but I was never really deep enough to be indoctrinated into mainstream/academic economics, and instead was mainly self taught from the perspective of a systems engineer, which just kind of landed on Austrian economics.

It’s funny I got a BA in Econ at Berkeley so plenty of Keynesian exposure, but living through the first ruble hyperinflation episode even as a young child really framed things differently. Ended up focusing on micro Econ and game theory. Starting at those principles puts you in a similar end point too even at a place like Berkeley.

It’s simple. There needs to be a catalyst for any significant change even if all of the ingredients are prepped. For bitcoin it was the Great Recession. For Nostr it was Twitter going to shit.

Can’t cook without heat.

If I own / generate data for you. You pay me to tell you what the data actually means too, instead of just giving it to you and letting you figure it out on your own.

#nyt continues the FUD, with subtlety this time, saying #bitcoin when the should say #crypto. Lol