Oddbean

It is happening at massive scale. One of the reasons I can't find a place for myself in music business is the fact of zero awareness among intellectuals within art sector. The listener, fan, collector does not get the information nor warning from them. Most intellectuals seem to be blind and corrupted by Fiat system even if they don't realize that. I had a convo with highly influential AR guy who selects new artists to sign and he was fiercely against bitcoin. I know art should not be about money and economy because it is not cool 😆 but at this point in time it is a pure sign of ignorance and a sign of corrupted minds. I can't be a part of that.

The great Anatomy of the State by Murray Rothbard on the issue of intellectuals and their relationship with the State: “For if the bulk of the public were really convinced of the evil nature of the State, if they were convinced that the State is the enemy of mankind, they would be deprived of the enormous support they need to function. Hence, the necessity of the State for intellectuals. For it is only the intellectually gifted who can spin the elaborate apologetics for State power, and if the State is to hold sway, it must secure the allegiance of the bulk of the intellectuals.” “It is true that the State needs the intellectuals; but it is also true that the intellectuals need the State. As Ludwig von Mises pointed out, the intellectuals can earn a much higher income as paid apologists for the State than they can earn in the free market. Consequently, the State can always count on the support of a large part of the intellectuals.”

Couldn't be more incorrect my friend. Once this intellectuals are corrupted and brainwashed by the system they hardly turn back and switch sides. They're mostly tied to Fiat economy and this makes them main Bitcoin enemies. Their job is to keep Masses away from it as much as possible. When they refuse they loose their privileges.

That's peace... like Islam 🙏🏾 nostr:nevent1qqsw3jq6zhdwkf5hq65pkekzzms7w3ll8hzhgj9ratqtc28wtynaztgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygqc7490rcgvtwm6x4rgkrmzk22azg68jq7fl9tn35r9ep9779qzaupsgqqqqqqs9364s3

Bitcoin doesn't care. It works as intended and LN scaling works...self custody works as well. Just lock it up and wait till privacy mixing tools evolve. Still btc is next to cash when it comes to privacy and spending. Stack essential amounts on paper wallet if you need to and spend on LN...that is your cash wallet.

So you're saying Bitcoin never intended to replace fiat? 😅 At least one Maxi is honest Sorry, saying LN works is like saying everyone can run their own server. Also. My real cash transactions are far more private. You're deluding yourself. Enjoy

I am not a maxi dude. I am a Bitcoin student. The cash will die. LN will get more powerful. Privacy methods will get back on track. Not sure why you saying that LN doesn't work when it clearly does. Fiat will die..it is dying already and I believe that Bitcoin will become the financial reserve, currency and decentralized defense system. If not and it fails then CBDC will effectively enslave whole humanity.