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aaron
ea2eef0f5318a2e41ab5c09432b979c84c725d7a4f79e74aed02013d648d8d32
#Bitcoin l @Block | @Square consumer of little, experiencer of much, supporter of many and hopeful for all eppur si muove

ā€œFor my own part I wish the Bald Eagle had not been chosen as the Representative of our Country. He is a Bird of bad moral Character. He does not get his Living honestly. You may have seen him perch'd on some dead Tree near the River, where, too lazy to fish for himself, he watches the Labour of the Fishing Hawk; and when that diligent Bird has at length taken a Fish, and is bearing it to his Nest for the Support of his Mate and young Ones, the Bald Eagle pursues him and takes it from him. With all this Injustice, he is never in good Case.ā€

- Benjamin Franklin

Replying to Avatar ODELL

Today marks the end of a special Lightning Summit week at nostr:npub1theparkprcs70dcs437ke9zzwsr6u60f8flu7rg28m30438aep9sd94dha​. Our time is the only thing more scarce than bitcoin and I truly appreciate everyone who chose to spend their scarce time with us. It was an honor and a privilege to spend our time with you. 🫔

lots of John Hancocks

I like this version better with the modern videos overlayed.

I’ve probably watched it over a hundred times the last decade, and it still simultaneously gives me chills and a smile!

https://youtu.be/WibmcsEGLKo

Replying to Avatar PABLOF7z

A drawing from Kurt Cobain’s journals. He was fascinated by how this differed from the rest of the animal kingdom… and how the mainstream world would hate the narrative violation. The seahorse almost served as an alternative logo for Nirvana at times.

ā€œCognitive dissonance is the mental discomfort that results from holding two conflicting beliefs, values, or attitudes.ā€

This COULD relate to why reading that book was ā€œhard for youā€ or why ā€œthere was some sort of mental blockā€ for Jeff. It is DEFINITIVELY why I struggle/d with these concepts too.

We seem to have a hard time learning about something that feels more logical although it goes against what we’re all taught and thus believe so it’s hard to have these beliefs clash and have to be humble enough to admit that having these conflicting belief systems is discomforting for anyone else… including ourselves.

Not an attack… just a reflection.

Replying to Avatar boston wine

Thoughts on using nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 more in day-to-day use in the States.

I’d love to spend (+ replace) Bitcoin wherever possible. Not just to facilitate adoption, but also to reduce the ā€œnormalized invasion of privacyā€ over fiat networks. This can be achieved using prepaid debit cards, purchased with Bitcoin from a service like Strike.

However, in USA, every single sell/spent UTXO is a taxable event, which includes (to my knowledge) small spends.

How can we utilize Bitcoin conveniently, without needing to deal with the minutiae of what amounts to a ā€œbuy + immediate sellā€ order, from a tax perspective?

My understanding is you have to report every sell order, even if there are no capital gains… right? How do Bitcoin businesses do it? How to stay within legal parameters and not end up with a migraine?

​nostr:nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle any thoughts you have re: how to make the strike user’s experience more ā€œtax convenientā€ would be appreciated šŸ™šŸ¤™

A complex subject for sure! Especially since bitcoin is - like Nostr - cross platform. You might be ā€œspending bitcoinā€ that you bought on Strike for $65k (capital loss) or you might be spending bitcoin on Strike that you acquired off Strike for cheaper years ago (capital gain).

There are incentives for the wallet apps to try to build tax optimized optimization software for their internal transactions, but there are also reasons why the wallets should let more optimized software empower the user to select the bitcoin that is being spent based on other economic activity (potential intrinsic desire to offset capital gains or losses from other asset classes with the same year.)

Most importantly, since it’s a clusterfuck currently we should be petitioning our governments to have no tax benefits/penalties on commodity losses/gains (especially on transactional level payments up to x amount equivalent in fiat) to attract money to your nation and become more prosperous going forward.

message length: ā€œThis is gr8!ā€

Replying to Avatar Jeff Swann

Different paths work for different people. Even though I was always pretty interested in #economics, there were people like Rothbard (recommended by a friend at the time) who I wanted to read or listen to, but it was just painful somehow. His voice was definitely annoying, but there was some sort of mental block there as well.

I found that Milton Friedman talks on youtube were much more enjoyable. His arguments with socialist students were amazing. His Phil Donahue appearance was great. Eventually I watched the *original* Free to Choose series online (the later version with Arnold is trash & is missing lots of good content). From there I started listening to Thomas Sowell interviews. Tom Woods & Peter Schiff & Doug Casey were in there somewhere too. And then I read Atlas Shrugged.

Atlas was still difficult at first but eventually something clicked & I was totally cured of this feeling when reading or listening to any decent economics content. Milton & Sowell, & Woods too (economic history for highschool students is a great talk by him) are entertaining enough that they make it easy to remember concepts, get comfortable with all of the language & just really feel like this is "your subject." Milton & Sowell aren't the best on money, but they are good with most other basic concepts. Woods & Ayn Rand are good on money, & then Rothbard & others feel pretty easy IMO.

nostr:nevent1qqs0u89xu3llgcxmn20u89s238rrc9flp5dszz8e57dxwmqve697r3qppamhxue69uhkummnw3ezumt0d5pzp90maz0klljg25evfq3lw4llvc66y7ah57aspmzlf8ju46yt3ffsqvzqqqqqqy6srj7z

#CognitiveDissonance

ā€œAfter Coca-Cola president Robert Woodruff's plan to mint a 7.5 cent coin failed, Business Weekly reported Coke prices as high as 6, 7, and 10 cents, around the country. By 1959, the last of the nickel Cokes had been sold.ā€

https://en.wikipedia.org/wiki/Fixed_price_of_Coca-Cola_from_1886_to_1959

nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Ever seen/looked into The (Pat) Tillman Story?

- minimalist punk kid

- walked away from the fame and fortune of an All Pro caliber NFL career when he thought his neighbors’ freedoms were threatened (9/11)

- criticized himself and others when he thought he was the aggressor threatening others’ freedoms (Iraq War)

- was adamant that he didn’t want to be a propaganda symbol for war

- his family spent years confronting the US government to expose that he was killed in friendly fire and that his cause of death was covered up in order to use his fame as a war recruitment tool

A beautiful documentary about a nuanced human that would love pursuits like Nostr: https://watchdocumentaries.com/the-tillman-story/

portal to an empty head

when in Rome…

(and everything is beautiful around you, but you accidentally check in on the verified world)

I see a jungle driving style lane open on the left there 🧐 haha

fun fact: this is and has been nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63mā€˜s corporate profile photo at Block

this phone even last for days before the battery dies