Just boarded an eleven hour flight to Cairo. Going to spend the whole time doing a final proof-read of Broken Money to find the straggling typos that me and my editor missed, so my formatter can fix them in the final manuscript.

It’s funny- no matter how many rounds of editing you do on a book, there are always still some there.

Ever since around 2013/2014, bitcoin’s price has closely followed the rate of change in the growth of global broad money supply (M2) in USD terms.

In other words, from the perspective of macro investors (which are generally different than network users), it is the asset that best serves as a pure-play on changes in global liquidity. It’s a hedge against monetary inflation, not CPI inflation.

Notably, the dollar index relative to other major currencies strongly affects global monetary inflation.

So in order to have a view on price within any intermediate term timeframe (eg the people calling for new ATH prior to the next halving), it’s important to have a view on global monetary inflation and liquidity, because that is primarily where new external demand comes from.

Right now, bitcoin is a coiled spring on the supply side (fast money is out, coins have rotated towards strong illiquid hands), but the demand side (and thus the price) is largely a question of global liquidity.

all you have to do is stay humble and stack sats

what is going on today? Is everybody up? Are we drinking coffee?

"The state can't grant free speech, you're born with it, like your eyes and ears.... Freedom is something you assume..."

Currently playing the elimination game of "guess which supplement has turned my farts into chemical weapons."

The masses won’t be interested in sound money until suddenly one day they’re ALL interested in sound money. #Bitcoin

Aww. Don’t cry little buddy! Ask mommy for a juice box and a pat on your little angry bottom, and then just go back to twitter 🤓

Don’t you think it’s weird that for over a decade Democrats warned emphatically that voting machines were insecure, sponsored hackathons to demonstrate the machines could be broken into, promoted news reports and documentaries interviewing expert’s explaining how vulnerable voting machines were, and then suddenly stopped saying that in 2020?

And the Republicans who ignored them or told them they were wrong for over a decade are now sponsoring hackathons, and documentaries showing how vulnerable and insecure our voting machines are?

Should we assume that the only politicians who tell the truth about how insecure our voting system is, are the ones whose election fraud tech was weaker and lost?

Is this a hacker-ocracy? Or does the party who promises the most money to the CIA (the best election manipulators in the world) wind up winning?

Gotta change it all.

I can’t wait for your book. You fucking rock.

Alright, you all convinced me to do a post about martial arts. It’s rougher and more embarrassing than you think.

Stay tuned.

I've been called rebellious, wrong, a black

sheep,

different.

Because I REFUSE to be what everyone else is.

"I think I'd like to solve..."

On this day 10 YEARS ago…

“Why Bitcoin will fail”

Bitcoin price: $105.39 💫

#bitcoin

People vs. Things

-------------------

Over the past half-century, our focus has drastically shifted. Rather than channeling our energy into manipulating objects for human advancement, we've shifted towards manipulating individuals, and this is not necessarily for the better.

The manipulation of things has always been a fundamental part of human progress. Think about it. Taming fire, inventing the wheel, harnessing electricity – these are all instances of us manipulating the physical world to our advantage. This type of manipulation offers countless benefits. We can produce way more with our labor, travel more efficiently, and live easier and more enjoyable lives.

However, the manipulation of people – that's an entirely different story. Instead of leading to advancements, it paves the way for deceit and exploitation. It often culminates in fraud or theft, eroding trust and creating a more divided and cynical society.

The fiat money system is the cause. Infinite money printing means you can manipulate people continuously. Instead of manipulating things to add value and spurring economic growth, we've started to exploit people with freshly printed money. This situation has led us to naval-gazing, deviating us from the noble quest of advancing human civilization through the manipulation of things.

Bitcoin is what will change this mentality. When money is scarce, so will its vectors of manipulation.

A gentle reminder that bank checking and savings accounts are where your purchasing power goes to die.

Richard Heart, bless his heart, he is in for some tart?

The earth is healing… nostr:note1uj5u8aqws5zmzfw5hqlsa6g0z3ejgh85283fz3m30ex4p2f9m05qwkgcap

Which mobile nostr client are you using?