Avatar
Blue Collar Bitcoin
ec6e36d5c9eb874f1db4253ef02377f7cc70697cda40fbfb24ded6b5d14cce4c
Firefighters explore economics, finance & #Bitcoin (Josh & Dan shared profile)

THE PROBLEM WITH KEYNESIAN ECONOMICS FOR DUMMIES:👇

1️⃣It requires an enormous amount of centralized control over money.

2️⃣When there is an enormous amount of centralized control over money…um, well…people create more money.

“Value is nothing inherent in goods, no property of them, nor an independent thing existing by itself. It is a judgment economizing men make about the importance of goods at their disposal for the maintenance of their lives and well-being. Hence value does not exist outside the consciousness of men.”

-Carl Menger

#Bitcoin  is ACM Technology.

(Anti-Cuck Money Technology)

#Bitcoin Basics the OCHO

—Lightning Network

—Layered Money

—Scaling technologies

—Why scale in layers?

—Flicking beads

Thanks nostr:npub1tm2048gau5mp8u5kfnxk68y7wzzpv5ggpuluqmhlhrtaldl49kzs7elpna & nostr:npub1jqckepsld3xn98aeq7yg72g0yrqkz92vegkv6k3prfhkzu356v5qa6akee 🙏

👉https://fountain.fm/episode/o9fXa48i4U2SNC2YcDD0

Most people in public discourse still think #bitcoin is a joke, when in fact it’s as serious as a heart attack.

Stack sats.

Most people in public discourse still think #bitcoin is a joke, when in fact it’s as serious as a heart attack.

Stack says.

Hal Finney in 2009.👇🤯

"I think it's likely that we'll see a layered approach to #Bitcoin services, w/ different layers specialized for different tasks. The base layer will be a relatively simple payment network, but there will be layers built on top of that for things like micropayments, anonymous transactions, and smart contracts."

In #Bitcoin, the message is the settlement. There's no debt layer above the settlement layer like the legacy system.

And w/ 2nd layers like #LightningNetwork settlement happens instantaneously—an HUGE upgrade in 21st c. payments!!

THE nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2 stops by for BCB118🔥

—Early days in #Bitcoin

—#BTC allocation strategies

—Bitcoin as an early retirement bet

—The Blocksize Wars & hurdles to come

—Avoiding pimps w/ guns

https://fountain.fm/episode/BRqH1N0BCsUbgQKX5lKV

“[#Bitcoin] is the ONLY truly at scale censorship resistant technology that I’m aware of.”

— nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

The conflation of #crypto & #Bitcoin is what we've been referring to as "Bitcoin Camouflage" for years. In our view, the connection btw these 2 in broader discourse presents an opportunity for those who recognize their foundational differences.

The former is primarily an innovation in VCs scamming retail with limited to zero use case, and the vast majority of tokens are deeply disempowering for most of society (especially the MiddleClass & below).

The latter is a truly decentralized, radically inclusive, barrier-breaking, accountability-inducing, equitable, & sound crack in the friction-filled walled garden that is the 21st century global financial system.

In #crypto, existing financial power players ride the everyman like a show pony.

In #Bitcoin, the average Joe can ride large legacy finance like a majestic mustang.

For the #MiddleClass & below, #BTC  is EMPOWERING, and crypto is disempowering.

“[#Bitcoin] is the ONLY truly at-scale censorship resistant technology that I’m aware of.”

— nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m

https://fountain.fm/episode/YzFVXaeNAi8jgXbSK5oo

#Bitcoin isn’t just money or memes, it’s a full-blown revolution.

Sometimes big dogs just like being picked up.🤷‍♂️