Just started using the french press and unsure if I can ever go back.
F**k does this come out delicious.☕
We're living through an era of COMPOUNDING DECENTRALIZATION, and it's a beautiful thing to spectate & engage in.👊
#[0]
Excellent article #[0] https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/
Every. Single. Lyn. Article. Is. UNBELIEVABLE.
Our chat last week, "Bitcoin For Boomers" w/ Greg Foss & #[0] seems to have struck a chord—these 2 legends brought the heat.🔥
What follows is a THREAD🧵 OF 15 STANDOUT QUOTES from BCB098.👇
https://twitter.com/Blue_CollarBTC/status/1631482900695900160?t=Tl1oi7DS7lywH01Drq2tiQ&s=19
😉 purely optional, and likely temporary. Firefighting is the career and family feeder.
Not everyone needs "a job in bitcoin."
Go do whatever & stack sats. We like firefighting & paramedicine.🤷
Unfortunately, dogmatism often works. Overconfidence & extreme viewpoints tend to create disciples.
—Think for urself.
—Avoid rapture by groupthink.
—Stay perpetually humble & open-minded on ur intellectual journey.
Sometimes the truest thing we can say is "I DON"T KNOW."🤷
Here's our BITCOIN RESOURCES PAGE. Items are grouped by time expenditure:
—Bitcoin in 1 hour
—Bitcoin in 5 hours
—Bitcoin in 15 hours
—Bitcoin in 50 hours
Incentives rule the world.
Zap on yourself from time to time. 🤷⚡️️
If u don't mind us asking, what part or aspect are you most excited about?
Awesome Lyn! Can't wait for it. How long is the first draft?
We're gonna let the dogs out with #[0] & Chris Alaimo of Bitcoin Magazine tomorrow on Blue Collar Bitcoin.😉
We'll chat about the upcoming Bitcoin 2023 Conference and whatever else u freaks want us to cover. Throw suggestions below👇
At least 5 more incoming. Thanks for listening!
Share this Foss & #[0] chat with a Boomer you love.🧡
We are stupid, STUPID!! early in Bitcoin penetration.
Please prepare yourselves for FULL penetration.
Nothing, I mean NOTHING, is really competing with Bitcoin.
And it happens to be solving one of the biggest problems on the planet.
Bullish.
The Fed has a dilemma, almost a race, between two things as they raise rates here.
1) Raising rates generally results in tighter borrowing standards on a lag. This can reduce lending-driven money creation and lead to disinflationary demand destruction around the margins.
https://void.cat/d/LciK171UhVRj6yZuNHk2u7.webp
2) At high public debt levels, raising rates also increases federal interest expense, which increases the fiscal deficit, which is a source of ongoing inflationary stimulus into the economy.
https://void.cat/d/FX7vWUrUF4kiNidN1g5PQ3.webp
In the 1940s, inflation was fiscal-driven and public debt was high.
In the 1970s, inflation was mostly lending-driven and public debt was low.
Currently, the Fed is using a 1970s-style playbook to deal with 1940s-style fiscal-driven inflation.
Awesome Feb letter Lyn.👊