Avatar
The Commoner
dab48785a2944728fc594c5a24e22fe1552cfa56603b6542f0e20d97ba3da059
Just a dork that knows how to get in trouble LIFE = BITCOIN LIBERTY = NOSTR JUSTICE = PROOF OF WORK

BITCOIN - THE HUMBLE REVOLUTION CONTINUES

WAIT - SO IF YOU HAVE 0.01btc A.K.A. ONE MILLION SATS…. THAT MAKES YOU A SATILLIONAIRE??? THAT’S FUCKING COOL… I FEEL LIKE THAT MEANS I KNOW A LOT OF PEOPLE WHO ARE TREMENDOUSLY VALUABLE TO THE NETWORK!!! AND PROBABLY A COUPLE WHO ARE SO VALUABLE TO THE NETWORK THAT WHEN THEY INEVITABILITY DECIDE TO ā€œFALL OFF THE GRIDā€ … THEIR DISAPPEARANCE WILL BE FELT BY AN UNUSUALLY LARGER NUMBER OF US!

ACTUALLY I KIND OF FEEL LIKE THAT IS ALMOST A CURSE OR MAYBE IT’S THE BEAUTY OF THE NETWORK… THOSE THAT BENEFIT THE MOST IN THE NETWORK AND ARE PRONE TO THOUGHTS OF GRANDEUR OR MEGALOMANIA END UP FUCKING AWAY ALL THE VALUE THEY CAPTURED OUT THOSE THAT CAME BEFORE THEM CAPTURED AND TRANSFER IT TO THOSE THAT ARE BEST ALIGNED WITH THE INCENTIVES OF THE NETWORK???

I WRITE THIS AS A REPLY EARLIER AND THOUGHT I WOULD PUT IT HERE AS WELL….

HOPE IT RESONATES WITH YOU

FWIW -I BELIEVE ROI WILL BE A THING IN A BITCOIN WORLD…HOWEVER THE DENOMINATOR OF WHAT WE MEASURE THE ā€œRETURNā€ IN CHANGES FROM MORE SATS TO MORE VALUE….

AGAIN THIS IS JUST MY SMALL BRAIN TALKING OUT LOUD HERE…BUT THIS CONCEPT OF CHANGING THE DENOMINATOR FROM PURELY MORE SATS TO MORE VALUE I THINK IS THE IMPORTANT THING…

WHEN WE MOVE TO A WORLD WHERE THE THING WE MEASURE VALUE IN CAN’T BE PRODUCE INFINITELY THEN WHAT BECOMES IMPORTANT ISN’T MORE OF THAT THING RATHER IT BECOMES THE VALUE WHICH THAT THING REPRESENTS AND (THIS IS WHAT JEFF BOOTH IS GETTING AT WHEN HE SAYS WE BECOME 8 BILLION PEOPLE IN SERVICE TO ANOTHER INSTEAD OF TRYING TO EXTRACT FROM EACH OTHER)…

OUR INCENTIVES CHANGE FROM OBTAIN MORE TO INCREASE VALUE FOR ALL….

THIS IS THE WAY

FWIW -I BELIEVE ROI WILL BE A THING IN A BITCOIN WORLD…HOWEVER THE DENOMINATOR OF WHAT WE MEASURE THE ā€œRETURNā€ IN CHANGES FROM MORE SATS TO MORE VALUE….

AGAIN THIS IS JUST MY SMALL BRAIN TALKING OUT LOUD HERE…BUT THIS CONCEPT OF CHANGING THE DENOMINATOR FROM PURELY MORE SATS TO MORE VALUE I THINK IS THE IMPORTANT THING…

WHEN WE MOVE TO A WORLD WHERE THE THING WE MEASURE VALUE IN CAN’T BE PRODUCE INFINITELY THEN WHAT BECOMES IMPORTANT ISN’T MORE OF THAT THING RATHER IT BECOMES THE VALUE WHICH THAT THING REPRESENTS AND (THIS IS WHAT JEFF BOOTH IS GETTING AT WHEN HE SAYS WE BECOME 8 BILLION PEOPLE IN SERVICE TO ANOTHER INSTEAD OF TRYING TO EXTRACT FROM EACH OTHER)…

OUR INCENTIVES CHANGE FROM OBTAIN MORE TO INCREASE VALUE FOR ALL….

THIS IS THE WAY

BITCOIN MEETUP - MADISON, WI

TONIGHT 7-9

PITCHER’S PUB

BE THERE OR BE…. SOMEWHERE ELSE I GUESS?

I SURE HEAR A LOT OF PEEPS TALKING ABOUT LIVING THE BITCOIN STANDARD BUT THEN THEIR BUSINESS OFFERS EVERYTHING IN FIAT TERMS FIRST? THIS SEEMS ODD

AS ALANIS MORRISETTE SAYS… ITS LIKE MEETING THE MAN OF YOUR DREAMS, THEN MEETING HIS BEAUTIFUL WIFE!!!

I HOPE YOU ARE ALL PAYING ATTENTION

SAYLOR CONTINUES PUTTING IN A CLINIC

nostr:note1usrfzuvzp9zu7rpstwyhhuzeyjetxzncvc6f7j4x7v7leyr7u9esd07dd8

WE ARE LIVING IN A WORLD THAT HAS MANY, MANY, MANY PARALLEL SYSTEMS OPERATING AT THE SAME TIME. BITCOIN IS CURRENTLY THE SINGLE MOST DECENTRALIZED AND SECURE OPERATING SYSTEM THAT ALL OTHER SYSTEMS ARE SLOWLY TRANSITIONING OVER TO OPERATING ON AS WE/THEY ALL REALIZE THIS.

AS I WATCH MEMPOOL.SPACE - I CAN’T HELP CHANNELING nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy AND FEELING LIKE MAYBE THIS WEEK WILL COULD BE THE WEEK!!!

STAY FROSTY OUT THERE! AND KEEP YOUR HEAD ON A SWIVEL