“Strange women lying in ponds distributing swords is no basis for a system of government.” - A peasant.

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Vibes...

Nostr needs MORE economic activity. Yes, this includes digital media and content creation. And yes, this includes monetizing it. And no, 1-sat zaps aren’t going to cut it. 😂🤷‍♂️

What are your top 5 games of all time?

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I just looked up Alejandro Muyshondt again and got spooked about El Salvador 🫠

You’ll never convince me that AI will be able to produce a piece like 1812 Overture.

I've been thinking a lot about my nearly 15 years away from the Greek Orthodox Church.

I've come to this conclusion - I don't know if I would have the same ethical values without that upbringing. It's easy to think I would when I had that foundation since birth, but I no longer think it's that simple.

I've been around a lot of secular people. Not all, but many are in a dark place. People who are missing something from their lives. Ones who didn't have an upbringing similar to mine.

I've begun to wonder if these people would benefit from religion in their lives. Some type of positive power to pull them out of the darkness.

I'm not saying I've found Jesus. I haven't.

But more and more I want to be around the people who have.

Because I can't really be around these other people any more. My wife & I have cut most of them out of our lives at this point.

We prefer to spend our time around positive people who are working on building better lives. Building families. Nearly all of them are religious.

We're both very logical people. Religion and logic were like oil and water to me.

But when I look at the state of the world, it's not hard to see the positive impact religion can have on people. That's a very logical conclusion I'm coming to.

Also, I miss a lot of the Greek cultural stuff that I grew up, and it's intertwined with the church. It would be strange, but I'm accepting the idea that returning there, even as someone who isn't religious, feels more right than not going.

Still working through this but wanted to share.

Because bitcoiners are how I got here. The ones having families, going to church, and being decent human beings. Those are the people I want to be around.

The alternative is despair and darkness, and I am not going down that road.

✌️🧡

One of the things that tripped me up about inflation when I first started thinking about it was, not the logic, but the mechanics of how the market adapts to money expansion.

Logically, it makes perfect sense that an economy containing 10 apples and $10 of money would price apples at $1 a piece, and if the money supply increased to $20 then the price of apples would double to $2 each.

Wealth is not the money, but the goods and services itself. The money merely acts as a liquidity key for entering and exiting the ownership of goods and services.

Mechanically, I wondered how the market, a totally decentralized system, would adapt to the increase of money, even as central planners attempted to decieve it.

It finally became clear to me when I thought of how old fashioned auction houses work: depending on current bids, the auctioneer will find the highest tolerable price for a good, period. The bidders would offer up those prices based on their own subjective value assessment of the good. If there are no bids that resulted in a profit, the good might not be sold at all. This is exactly how the market works.

Business are incentivized to sell their goods and services not only at a price greater than their costs to produce, but at the highest price the market will tolerate.

They do this by adjusting their prices according to buyer interest. If $10 of bids came in for their 10 annual apples last year, they would sell the apples for $1 a piece. If this year, twice as much money is bidding for the same apples, the business would raise prices to $2 an apple. This would afford the business owners the ability to expand and purchasr more things in their personal lives.

In this way, businesses compute the proper prices without needing direct knowledge of the money supply.

Businesses across the economy produce higher-order, specialized goods by using the inputs of businesses that produce lower-order, base goods.

If bids on energy, oil and electricity, double or triple as a result of a massive influx of government spending, then energy companies (like an auction house) will raise prices accordingly to equalize their scarce against an expanding money supply.

Since all other goods and services use energy as an input, their costs would rise, influencing their own price auction with their own customers

This process occurs at immense depth, all without knowledge of the actual money supply, to calculate the cost of higher order goods like iPhones and housing.

This seemingly impossible task, of allocating scarce resources across enormously complex economies, can only be accomplished decentrally because each business, being the only one with the key information about their production costs and their customer's subjective wants, can perform the auction process without any greater knowledge of the economy or money supply.

Thus, it becomes evident that (A) money printing cannot long influence the real cost of goods and services, (B) only serves to allow central planners to loot the economy, and (C) distorts the market of goods and services by filling it with unearned demand by parasites divorced from the needs of productive households.

#Bitcoin fixes this.

BREAKING: 🇺🇸 The U.S. Government just transferred 667.6 #Bitcoin worth $74.7 million to a new wallet

Everything in the fiat world encourages the lottery mindset. It's the idea that you just need enough tickets to win some passive income or something.

That's BS. Avoid lotteries, stay humble and stack sats and you'll be far ahead of the lottery players in 5 years.

One of the most disheartening things we see at Casa is new clients onboarding who tell us they have lots of BTC in an exchange that they want to withdraw to self custody.

Then as we're working with them it becomes obvious that the "exchange" they used is a scam that will never actually honor their withdrawal requests.

Whilst it does seem unfair, land taxes are the fairest form of tax. They tax the increased value accrued to private land based on improvements in the community in general.

It's just that with the plethora of other taxes we pay it seems like an additional unfair burden.

Rental apartment, rental car, clothing, groceries, subway sandwich, Queijadas, coffee, contractors, domain names, tech

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I wonder if people will be bitchating at Imagine If tomorrow 👀