He ate all your purchasing power. What do you do?

Good morning

Exploring something.

Why do you think the UK specifically needs #Bitcoin?

Sometimes people ask me, “what if American bans bitcoin like they did for gold?”

1) That’s why it’s useful to engage politically. To prevent that draconian tail risk. And it’s working. Prevent any sort of anti-Bitcoin supermajority.

2) America had a supermajority in Congress when they did that for gold. They could override every check on power. That’s uncommon. We became highly collectivist for a period of time.

3) America literally put Japanese Americans in camps back then. But not German Americans. Because we were outright racist. And this was all pre civil rights for Black Americans too. Terrible.

4) This was all pre-internet. Centralized media. Few memes. The slow speed of communication was relevant.

The meme-work makes the dream work.

Sometimes people ask me, “what if American bans bitcoin like they did for gold?”

1) That’s why it’s useful to engage politically. To prevent that draconian tail risk. And it’s working. Prevent any sort of anti-Bitcoin supermajority.

2) America had a supermajority in Congress when they did that for gold. They could override every check on power. That’s uncommon. We became highly collectivist for a period of time.

3) America literally put Japanese Americans in camps back then. But not German Americans. Because we were outright racist. And this was all pre civil rights for Black Americans too. Terrible.

4) This was all pre-internet. Centralized media. Few memes. The slow speed of communication was relevant.

The meme-work makes the dream work.

The fact that so few altcoins are the on here should tell you all you need to know about how much they value decentralization or self-sovereignty.

#bitcoin

1) what

Most people who I know that think the CIA invented bitcoin, are not very familiar with the pre-history of Bitcoin including work by Back, Szabo, Finney, etc.

I'm not saying that certainly no intelligence agency created Bitcoin, but rather, I'm very skeptical of the certainty that many people have around that topic.

Because, when you are somewhat familiar with that pre-history and look at it from an engineering perspective, you can clearly see the pieces gradually falling into place. In the1980s there was work by Chaum about how to build a database run by mutually suspicious entities. In the 1990s there was work by Back for proof-of-work. As things moved into the 2000s, there was Szabo's Bit Gold, which is very similar to what Bitcoin ended up being, and Finney's Reusable Proof of Work "RPOW" tokens. Finney hadn't solved the centralization issue, and Szabo hadn't solved the issue of better computation causing supply inflation over time, but they were collectively within shooting range of the solution. Others as well. Meanwhile global bandwidth was getting better, encryption in general was getting better (and there we've got an actual intelligence agency contribution), etc.

And then Satoshi added to that work, including the difficulty adjustment in particular and many other details, with a full implementation.

Basically, if someone thinks that Bitcoin just kind of magically came out of nowhere, then it's pretty easy to see how they'd be inclined toward a conspiratorial assumption.

However, if one sees that, just like any other industry, there was a series of engineers building on each others' work until someone finally got it over the line, then it looks a lot more organic.

There are people who talk seriously about the US military backing the dollar, when they can’t even keep the Red Sea open against Houthis and their drones for the better part of a year now.

Literally half of their mandate is to keep global shipping lanes open, and they don’t know what to do about this. Sure, they could nuke half the world, but they can’t actually perform pinpoint military control at distance anymore.

Paper tiger.

Not only is their technology increasingly offsides from what exists out there, but morally they’ve lost the plot as well, and so nobody gives a shit at home either.

We find ourselves meming the situation in social media as they lack answers.

follow the money

Step 5 is wrong

It’s Bitcoin, not bullets

The collapse (or fading away) of dollar hegemony is inevitable but doesn’t mean chaos

Ending the fiat currency caste system will usher in a new age of global peace and collaboration ✌️

nostr is alternative programming

huh

Peace of mind is so underrated by the mainstream world.

Everything is a rush, a rush to work, a rush to make money, a rush to gamble your money for gains, a rush to have kids, a rush to finish college, a rush to keep yourself entertained.

Yeah, fuck that… Seems like living in the present and enjoying your true self in the moment has faded and is now in the background. Fuck that.

Peace of mind is so underrated

Don't show a presidential candidate that likes Bitcoin. Show me a presidential candidate that understands "KYC is the Illicit Activity"

Good morning.

I spent most of yesterday working on a new Nostr article that I have in development, among other work.

Obviously, I had to take breaks from time to time to check the breaking news regarding the assassination attempt, since it was being reported on over the course of a few hours and was generational-scale news that can affect many things.

But after each break once I was caught up, I put my head back down and got back to work on the article, including going through Nostr's Github and stuff.

It's easy to get mired in shock news, but after a bit of time to see what happened, any further time spent beyond that is just chasing dopamine and shock value without anything new learned. At that point, it's best to get back to constructive work, or get back to enjoying life with your friends and family.

Don't let the algorithm control you. Become the algorithm.