Avatar
J.erb
eedf230ec04fa67a7404b51c21173fc91fd095cd20055c1be43a4676c448fbc9
Just another humble pleb. I’m interested in mining, 3d printing, and technology in general. Nostr class of 2022 - Bitcoin class of 2016 🧡

You watch your mouth! I don’t get paid until Wednesday night!!

I’m in, let me know when the other 689,999 people agree to do this

I don’t understand why people are so against moving over to a better system… I guess it’s the same as people not wanting to move from USD to Bitcoin

What exactly is it sensing? Heat?

Replying to Avatar Ch!llN0w1

That 2% per year inflation really adds up 🥲

Replying to Avatar boston wine

Something I’ve thought about a lot in the past couple of years:

Money is the one good that every single person uses. It’s one half of nearly every trade.

As long as the price of money is set by a centralized entity, a true free market is fundamentally impossible, because every transaction is influenced by price controls.

I literally just had to pull the car over to start writing: while listening nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe describe “lightbulb moments” (in the context of free markets and deflation), a lightbulb — call it a zap — struck me profoundly…

Unlike the fiat system, Bitcoin IS a free market for money. Meaning that in Bitcoin terms, “half the equation” is already resolved into a deflationary free market system. Even with governmental price controls on many products, because of how radically free Bitcoin is, it completely changes the nature of the trade.

What clicked for me was this: Bitcoin exists — it’s already here — meaning that, humans already, here and now, have the choice to operate/participate in a free market, where prices fall forever.

It’s not “when we reach hyperbitcoinization” or “when Bitcoin is legal tender” or “when adoption happens on XYZ level” (although all off those help to can grease the wheels). It’s already here, if you CHOOSE to measure in Bitcoin.

No joke, my mind was blown so fully that I had to pull over so that I could write this stuff down. Now that I did, I realized it belongs on Nostr 🫡

Back to the drive, and to the podcast. Thanks for keeping my wife and I company, nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u and Jeff 🙏🔥

https://fountain.fm/episode/nvE4MO4qv2SB4q9ZcItK

Jeff Booth is always enlightening to listen to. I love his sober and optimistic point of view.

Not just any twelve words… A very specific 2048 words, even more of a reason to be wary.

Replying to Avatar Bitman

👀

I don’t understand how Kamala has support at all. This should be between RFK Jr and Trump