“Bitcoin is the ultimate implementation of the ancient idea of ‘private property’.
The optimal institution & concept of ‘Private Property’ rights allows us to sort out disputes over scarce resources. Before Bitcoin, this was only achieved through trust based systems. We always had to trust the guardians & administrators to the monopoly of power to protect our Private Property rights and not exploit that power.
Bitcoin has implemented the laws of physics into this social domain to create a trust minimized system to protect private property.”
Thoughts taken from nostr:nprofile1qqs2xpwv3yngvx7auhr3hwm06w2tkn82dm6lt7ryq2eynlzuavxwygq75vxvf on The What Is Money Show.
“Reasoning by analogy is build into language itself.
Language is a metaphorical construct, where we reason the unfamiliar with the familiar.”
@Breedlove22 on The What Is Money Show discussing Jason.Lowrey’s thesis on Bitcoin titled ‘SoftWar’ with guests Lucas & Grant.
The unfamiliar paradigm shifting potential of the Internet has been analogized to familiar concepts many times & continues to be for humans to grasp its significance e.g The Information Highway, The World Wide Computer, The Web, The Net, Cyberspace, The Decentralized Web etc
Anon, I’ve got the same fear with my other social apps. However I guess Nostr is worse, because you can’t remove it 😅
The current U.S. administration is not focused on shutting down Bitcoin because of nefarious actions but rather going after the nefarious actions itself.
Bitcoin is a common good. A commons made for the people ✊
A tool for Freedom, Truth, Liberty & Justice
Noble prize winner and Austrian Economist, Friedrich Hayek theorized that certain systems cannot be designed by a single engineer but can only emerge through the collective effort of human action.
Insight from nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgkklh5m on The Bitcoin Standard podcast
Anon, is it possible institutions selling to buy back cheaper? Tiring out retail and weak hands for Bitcoin…sophisticated professional investors playing the long game. We in the big leagues now, this is how The Big boys play…
But they don’t know, they don’t know.
FAFO.
Netflix streaming is 6600 days old today.
Ever stop to think how Tech has changed art?
90’s tv shows were filmed in ways that allowed viewing of any episode without losing the show plot.
With streaming, tv shows could have longer story arcs over many episodes as the viewer could stop, pause & continue at their own whim.
What’s next? When AI and virtual worlds become the new norm, will storytelling evolve beyond linear formats altogether?
The rate of technological innovation that disrupts society is accelerating. Fears are always abound that jobs will be lost.
This is true, but new jobs are always created and the quality of life for society in general improves.
Our biological quantum machine is excellent at deriving meaning in whatever we pursue.
We’ve essentially mastered a way to process data for use and consumption eliminating a lot of the time, energy and noise for a desired outcome.
With AI, we’ve delegated the processing of knowledge to code, so that we can use our cognition to build up our wisdom and other senses.
I ♥️ Technology. It’s magic that allows us to manipulate Time, Space & Energy essentially creating multidimensional worlds for our beings to explore
“Volatility breeds conviction”
- nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqjqcma4
When your in Bitcoin during The Highs or Lows, in the short term your always wrong to someone despite being right zooming out for the long term. It’s a tough sh!tty thing…
Thoughts inspired by nostr:nprofile1qqspnzgrfett3asxcuj0gksje6z2zxzpvgd27uvz58m9vsuqh8zzw6cc6268u
Maybe I am depressed,nihilistic & don’t give a f.
But burn it all down so that we can start from a foundation of meritocracy….
e/acc
Giving people things for free, always sorts problems out👌
Excellent incentive model.
Hi Anon
How was Adolf.Hitler able to convince the German people to discriminate and turn against The Jews? Please provide a paragraph.
I prefer Technology to politics Anon…
But will President.Trump be regarded as one of the greatest US presidents ever?