#NutzInYourMouth #RIP #RestInPeaceAustinReeves
https://video.nostr.build/d152afa1c0a519da7062748568eb71c809c1daf3d04f891be6cd72895f26087e.mp4
Put ball in hole
What a waste of time
If you didn't stack #Bitcoin like a fucken psycho during the bear market like we did, maybe this could chear you up...
Actually, I got nothing.
Seems too Dan Heldy, I don't want to live like that
I want to use it more but no one sees my tweets, feels lonely here
To everyone that says it's a bad idea without experimenting/verifying, shame on you.
Ok a group that made a pact, and mined coins to a burn address to eliminate temptation
Satoshi gifted Bitcoin, mined to help the network, never spent any coins, and disappeared...
He is not benefiting from the wealth nor fame (I hope at least he has a GF), but there are ppl who say...
"If tax was not mandatory, everyone would freeload, and society can't function"
When Satoshi solved the problem of digital money that "requires no 3rd party", he was talking about getting rid of the CENTRAL BANKS that keep a ledger to avoid double spending, not retail banking and self custody.
A central bank which prevents digital double spending and allows payments across space without the need of a physical p2p item is a problem, not because it holds our wealth like a retail bank does, but because we have to TRUST it as it has power over the entire money supply and can create it out of thin air.
What would people with the ability to print money have?
UNLIMITED POWER
Power to pillage all the resources of the world, corrupt/own politicians, control the education system (many schools follow the UN curriculum now), own the media, the universities, the publishers, the science, and control what you think.
They own economics schools, and make you brainwashed into believing that their theft of 2% inflation is GOOD FOR YOU!!
THAT is what unlimited power allows
That is what the cypherpunks were fighting against. And they finished the job with the culmination of Bitcoin finally - the last iteration of money they were trying to create. The one that finally worked was the one that could not be stopped
Self custody and 3rd parties have nothing to do with the desire for "electronic cash with no 3rd party"
For S's sake, don't be a BCasher, and study this, so you don't fall for their tricks when they misrepresent what Satoshi meant.
B Cashers, GFY.
A fascinating documentary about the history of the Cypherpunks. Mandatory watching for all Bitcoiners...
https://youtube.com/playlist?list=PLBuns9Evn1w-T2RwqMhUnTZbTTe-M-g42
And, also mandatory, how the B Cashers lost and why...
https://www.amazon.com/Blocksize-War-controls-Bitcoins-protocol/dp/B08YQMC2WM
Retail banking is not the problem humanity is facing. Retail banking like many other industries is broken, as a symptom of currupted money. The fractional reserve they are PERMITTED to partake in is also not the main problem ... It's that when they fail, they have no consequences because they get bought out / bailed out, with printed (stolen) money.
Custodian in a bitcoin world, EVEN if there is some Fr reserve shenaniganary, will not break the money, because some artificial inflation is still anchored to the true supply of bitcoin. Some people will get hurt, and that's life. They will learn to spread their savings across 3rd party banks that have proof of reserves, or some other mechanism will exist.
The point is some massaging of the supply is not the same evil to humanity as unlimited risk free fractional reserve, backed up by counterfeiting.
Every time someone provides a service, and gives an invoice, "payable in 90 days" for example (common), you could argue that's also a form of money creation through debt.
Both parties simultaneously think they have the money as part of their wealth, which affects theor spending habits.
And that affects prices just like how a little bit of fractional reserve can.
Sometimes the invoice isn't paid. Sometimes banks fail. Doesn't mean humanity has a problem such that we need to meddle with the properties of Bitcoin with some "nice to have" fork like, oh, I don't know, OP_CHECKTEMPLATEVERIFY (CTV)!!
I prefer we activate OP_GFY 🖕🖕
A self custody mentor, saying self custody is not the primary goal of Bitcoin... Am I crazy, or just an honest motherfucker?
"Tax is ok, I'm happy to pay tax".
=
"I think people getting raped is ok, I like sex".
Accessible to all is anticipated, but not necessarily layer 1.
Who sold you the nonsense idea that Bitcoin was made to "bank the unbanked?" - NO, that's not why it was created. It was to end CENTRAL banking and fiat money.
It's to take it out of the hands of the government in a sly roundabout way, and introduce something they can not stop.
If u try to fuck around with it, and create cheap payments (or easy self custody) for all, then ur gonna fuck this up.
Don't change it and objective 1 will be achieved. That's all that matters. Then humanity will flourish.
Not everyone needs to be their own bank (or dentist)
The purpose of money is to reduce the risk of specialisation, which allows people to be free from the need to barter. They can then focus on what they are good at, and accept money for their efforts. Specialisation maximises human output and prosperity.
If we have money, people don't need to do everything themselves. That's a for barter society, not a money society. This includes not needing to bank yourself, dentist yourself and farm yourself.
The problem is that people are taking "bank the unbanked", as nice as it sounds, as priority #1, instead of accepting it as a CONSEQUENCE of priority #1, which is "end CENTRAL banking" (not "end retail banking").
Then they start trying to get code changes in like CTV, risking #1
Banking the unbanked is not a feature of why bitcoin was created. It's to end central banking.
"Leave me the fuck alone" is not a political belief - although, it is the foundation of libertarianism and correct ethical principles.
"Anyone who needs to, can", is a minimum, but "everyone must", is not.
Don't mess with me.
As long as you maintain eyebrow control, you still got it