Saifedean explains it better than I can in The Fiat Standard.

But it's basically possible to earn a positive result with a money that apparently loses money by:

- Securing high quality debt (as in, low rates, long terms, little or no collateral needed).

- Running a business that can update its prices with inflation easily.

- Buying real assets that will keep up with inflation.

On a micro scale: an Argentinian taxi driver might earn more money buying a car with an auto loan that actually running the service, because inflation shrinks his debt and makes the car increase in value in nominal terms.

In the fiat world, financial success is obtained through getting in debt. The richest man is not the one who works and accumulates capital, but the one with better access to the lending faucets.

I love waking up and seeing the mempool clogged as hell. Then I water my lightning channels and I go on with my day as proud LN maxi.

Doy fe. Creo que los que proponen que todo el mundo corra su propio nodo lightning probablemente no mantienen uno ellos mismos o son unos insensatos.

Isn't it nice to have your little bubble where all content is pure gold?

I still push myself to check global every now and then in search of interesting profiles who are outside my ghetto.

I'm sure you can find many and much better endeavors to invest your energy.

Tigers shouldn't argue with donkeys.

https://movemequotes.com/when-arguing-is-futile-short-story-of-the-donkey-and-the-tiger/

Alan, could you share the name/author of the painting?

Only because my employer takes them seriously. The day they get orange pilled, we can start treating Monopoly money as such.

Cervezas Bitcoineras en Barcelona mañana (30/03) a las 19:00. No seas tímido y pásate.

https://2140meetups.com/meetup/6626/

It will be funny when a few decades have passed and there is a lot of dogma and tradition around Bitcoin.

Then the balance will shift to the other side of the spectrum and the right thing to do for the younger generations will be to think outside of the box and not let themselves be limited by the traditions that the old veterans will bring.

I would rather have the FED inflate away the USD throughout decades, buying time for people to jump on the Bitcoin train, than see the whole ponzi crumble to pieces due to a sudden need of executing responsible monetary policy.

Hayek makes great points in his book Road to Serfdom. He talks about how most people naturally agree with libertarian ideas intuitively, how socialism attacks these ideas and yet how people don't realize they are incompatible.

For example, everyone will tell you that they agree that people should be free to work on whatever they want for whatever salary they negotiate. Yet a socialist state requires the government commanding people what to work on and at what price in order to work. So, the people's freedom can't be respected if the state engine is to work.

It's sad to see people being brainwashed into believing things they don't truly agree with at heart just because politicians and propaganda mess up the discussions to make calm and thoughtfull thinking impossible.

You can't complain your way to a better world. You can only build it yourself.

An unknown amount of home nodes appear as if they are hosted with those cloud providers because they are using a small VPS + VPN to have clearnet connections, but the node itself is still at home.

So the problem is somewhat smaller than what this picture looks like. We just can't know how much.

If shit hits the fan with Google or AWS, the node runners can simply move their tunneling to another VPS provider, go back to Tor or show their true IP.

And do your part for the circular economy: offer your services in exchange of Bitcoin and always be willing to pay in Bitcoin.

You are doing the lord's work. Thank you for all your effort and professionalism calle, some of us are extremely grateful for it.

Heading out for a quick 5K. Now that we changed to summer time, the sunny afternoon is great for a nice jog.

Jesus died for our sins.

Saylor DCAd for our high time preference.

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No te lo crees ni tu, imposible que te estes quieto.

Qué haras esta semana para aumentar la adopción, anon?