He was one of the generals running the war effort (but not the head) and then chief of staff of the military for 2 weeks. But I don't see a record of him being chief or staff for Hitler personally or for the general government.

But yes, he was a high ranking Nazi military commander & later ran NATO.

From what I understand most of the war crimes were committed in the East by military officials. Any member of the military general staff at all is likely to deserve some blame. Under the modern standard by which anyone remotely affiliated can be charged with war crimes (eg random old German women who were Nazi secretaries in the 40s), probably he would be hanged.


Bandits


Feral jelly sandwich
Big tree
Danger noodle


You're not paying attention to detail.

When you say "send me the sats" would you be satisfied if I sent a flash drive with the existing blockchain on it? Strictly speaking I've sent you ALL the sats.

I suspect not.
You're not talking about sats as a real entity in computer memory, you're talking about sats as accounting units (which I am saying do not exist).

I can run all the nodes I want without thereby duplicating into existence more sats. But the "sats" are real in *only* this sense - as entries in computer memory. The scarce "thing" you are trading doesn't exist. What exists is a record that can be duplicated independently of how much Bitcoin it records (ie the Bitcoin is not scarce in this sense).

A helpful comparison is the (hyperinflated & abandoned) Weimar Reichsmark, which sells for more than zero as a historical document but has zero value as a currency. Because of this, the 10 trillion mark note sells for approximately the same as the 10 thousand mark note, not a million times as much.

Yes, currently the accounting units of Bitcoin trade for more than zero real goods. This is true also of US "dollar" accounting units, which are equally fiction.


Are UTXOs really uniform? Don't they each have a unique and traceable history?

I'm not so sure that fiat fails to meet your definition, or at least that it does a worse job than Bitcoin. Only so many dollars (or Federal reserve notes) have been created to date - this is scarcity. The notes are not uniform but the accounting unit is, and Bitcoin hardware wallets are not uniform. I'm not sure why a commodity cannot have a central issuer, or why the dollar (which is created out of thin air by many banks) should not qualify but Bitcoin (which is created out of thin air by many computers) should.

Moreover I am willing to bet I could find other cryptocurrency that meets these criteria at least as well as Bitcoin. Zero-knowledge-proof privacy coins seem rather more uniform, for example.

As I said, my definition of commodity is uniform material; this is with uniformity being judged by the market so grade A eggs may be seen as a different uniform material than grade B.

Most definitions of commodity say something along the lines of raw material, which I think is slightly inaccurate as gasoline and crude oil are both considered commodities but one is made from the other. I think being material is a key part of what it means for something to be a commodity, which Bitcoiners would have no idea of questioning but for their rejection of fiat currency and embrace of a digital immaterial token.


Very close, but not dead-on

Who creates the tickets?
Why should any of us care to accept these tickets from the creator in exchange for coats or anything else?
If we want to trade these tickets around, how do we know how much they're worth against various real things?

If I can take the ticket into a department store and trade it for a coat, in the short term and for me it is just as good as if the ticket creator gave me the coat. A coat is a coat (at least in this metaphor) & a troy ounce of 99.9% gold is a troy ounce of 99.9% gold. But what will the department store do with the ticket except make their way back to the coat check and demand a coat? If for some reason these tickets are widely accepted and there begins to be some doubt about whether they will be widely accepted in the future, perhaps because people increasingly understand the coat check has no coats, people will dump the tickets while they're still good for anything they can get their hands on.

This panic, which Mises called the flight to real values, I believe will happen to both fiat currency and Bitcoin because there is no real stable asset. For now both of these accounting units exchange for various real goods.


If it is a commodity, what is the industrial demand?
What can you do with this stuff?
Where does the stuff come from? What is it made of? What processes lead to it being economically recoverable?

Also, to me a commodity is a uniform material. Bitcoin being immaterial is not a commodity. Is there a definition you can give that includes Bitcoin as well ordinary commodities like oil and salt?
Does your definition exclude fiat currencies?
Does your definition exclude other cryptocurrencies?


Yes - the coats - the real asset - the gold - the cold, hard cash

We have tickets but no coats, currency but no money

(How can cash be cold and hard?)


Are sats real?
If you mean a pattern in computer memory, they are not scarce.
If you mean the accounting unit, what are they counting?


Sats & bitcoins are tickets, not coats.

The difference is that coats have a trade value because they have a use value, while the tickets have trade value only.

Bitcoiners try to reverse this and say Bitcoin makes a perfect money because it has only trade value - but this is backwards. This makes it a currency and makes it completely ineligible to be considered money.


It really exists in computer memory.
But if you think Bitcoin is real in that sense, it is not scarce.


I can see gold, I can touch it.

What do you mean by "real" when you say Bitcoin is just as real?

I agree the ASICs are real. But I suspect you mean the thing the ledger tracks is real. Is it?


Metaphor of how we got fiat currency:

You check your coat (gold) into the coat check (bank) and get a paper ticket (note or bill).
The coat (gold) is the real thing of value, and the ticket (note) is just a stand-in for it.
If all the coat check (bank) requires to give you back your coat (gold) is the ticket (note), you can transfer the ticket to someone in order to transfer the coat.

Imagine the coat check (bank) starts issuing more tickets than they have coats.
This is inflation.
This allows them to transfer more coats worth of value than they actually possess, but if the people all came and demanded their coats there wouldn't be enough.

To resolve this in a free market, the coat check (bank) would be seized by authorities and the directors made to provide the coats (gold) they had promised - out of first coat check (bank) property and if that's not enough out of their personal property.

Instead, the authorities were cut in on the deal and allow the coat check to operate without providing any coats (gold) at all.
This is fiat currency.

The fiat mindset shuffles currency around without any underlying money. We have claims for money, which in ancient times were actually redeemable for money, but now we are so psyoped we call these defaulted paper claims "money".

Bitcoin gives us a decentralized coat check with more sensible rules. But where are the coats?


Gold is real


Fiat is a cargo cult - the simulation of the behavior of our forefathers.

We have secure buildings where we go to get green slips of paper, just like they did.
We have shiny gray metal disks for small change, just like they did.
We reckon our accounts in this "money" just like they did.

And yet, many of us realize some important element has been taken away.
Increasing numbers of people realize that something is rotten.

So we reject the cargo cult, without understanding why "the planes don't land", and find some other way of organizing and some other means of exchange.

Bitcoin is another cargo cult - an imitation of prior practices stripped of meaning.
We use a ledger to carefully track who has how much - of what?
Points, credits, Bitcoins, the name doesn't matter.
It is accounting minus the thing being counted.
Some important element has been taken away.

https://youtu.be/xPRpdPrUlb8?si=v-utfCtRDiQmZi6I


Are you familiar with the theory that the Matrix "desert of the real" is just another layer of simulation?
It is a way to take those who rebel and give them the illusion of resistance while actually they accomplish nothing at all.

There are supernatural events in the "real" world such as Neo's resurrection and his abilities in the third film. These suggest that the real world is another simulation to be hacked (or glitched).

This is Bitcoin - a more perfect fiat to keep you in the fiat mindset. You've taken the cargo cult headphones and improved the shape. And the planes even seem to land, just as they seem to land for the cargo cult against which you are rebelling. But will they keep landing? Have you got the headphone shape so absolutely correct that they will always land?

https://youtu.be/xPRpdPrUlb8?si=v-utfCtRDiQmZi6I


I'm a city dweller with a small concrete patio

But if I had my druthers I'd have some land organized for permaculture with locally native nuts & fruit (to attract wild game for hunting or act as starvation foods or to sell)

Ideally I'd have running water & beavers since aqua productivity is so high


I mostly agree, but a warmer, more tropical world is beneficial for humans.

I also don't think we should put positive value on biodiversity or recycling. Biodiversity will look after itself and in any case we should be promoting ourselves and species with which we have synergistic relationships (eg dogs horses & cattle). Recycling will occur naturally on the free market. If it's cheaper to dig something out of the earth than to recycle, that tells us something about the current distribution of resources and capabilities.

nostr:nevent1qqsxvjzuvjnkthxtlttt8spmyuk0um4nyza4fl35fyk3zwrlqzuh3eqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqx7n9gux57lx76yt8hrufq80cgwdj34586kpfwjt57p543m6y0nfqvzqqqqqqyhzyh5p


Sir James Cowperthwaite, British architect of the "Hong Kong economic miracle" was asked what developing countries should do to grow economically.

He replied: "Abolish the office of national statistics"


There's a difference, as I have twice acknowledged.

But US mint buying back "dollars" is not merely "allowing a market to exist".

The fact that someone somewhere wants to give up gold for "dollars" is not backing or relevant. The fact that the issuing government of those "dollars" will make that trade is relevant.


Unironically this is one of the arguments circumcision advocates give - you can't get foreskin cancer if we amputate your foreskin


Heh

I think the Titanic has already hit the iceberg and we're about to see the ass end of the ship lift out of the water


Just listened to Bitcoin Audible #765  with nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev and something finally clicked at the extent of the Ponzi.  There is no market for houses or cars without borrowing against your future earnings. The market for $80k cars (if everything is paid in cash) isn’t enough to support production.  But, the market for a $1250 per month for 60 months car payment is there.

The entire debt based economy is just pulling forward future demand, so it’s a matter of time before it gets out over its ski’s and falls forward into recession.

People make better decisions in a sound money economy. This helps explain why so many people are making so many bad decisions.


Maybe.

JPY is pushing 150 to USD (actually FRN) which is JP Min of Finance line in the sand.

If it finds "support" above 150 that will be huge.


I agree. But, you *can* turn dollars into specie directly at the Mint, which is (with the caveats I mentioned) redemption.
If Federal Reserve Notes are theoretically worth 42.5 $/tz, then gold at 2000 $/tz is dramatically overpriced. 2700 $/tz is even more so, but obviously by lesser proportion.

The official brokers are private, but they get the current coins directly from the mint - you can order mint-sealed tubes of current-year coins. Does the fact that dealers act as a middle-man actually matter economically?

https://www.apmex.com/product/258634/2023-american-silver-eagles-20-coin-mintdirect-tube


IMO the ukronazis want to socialize (band together) the Ukrainian people by purging the ethnic Russians (not necessarily Jews)

So defending the ukronazis by pointing out they are somewhat tolerant of Jews (eg Zelensky is Jewish or part Jewish or something) is missing the point


When the street grifter calls you "big man"


I can't wait until it all comes out and we get these kind of videos about the banksters


Super = above
And she is certainly superweight


This must be fake.

The general tone is definitely possible.
The master/slave kink I don't think could be published in a lefty rag, it's too anti-PC.


Hasn't it been climbing for a couple days? Did it dip again?


Some errors occured:

Conflict: [com.vitorpamploma.amethyst]


If I'm reading this right, it means that less-saturated fats cause more rapid & numerous tumors, which matches my prior expectation


I have play store amethyst + obtainium hooked to git.. for some reason obtainium can't update amethyst, it downloads but when it goes to install I get an error. Do I need to uninstall the play store version?


The more you tighten your grip, the more star systems will slip through your fingers


https://catalog.usmint.gov/coins/coin-programs/american-eagle-coins/#oos=true

But you're better off going through one of their 7 or so officially approved bullion dealers, since the Mint individual sales are higher premium & focused on proofs & modern "numismatic" coins as opposed to bullion simple

Eg APMEX, Miles Franklin


F35s (to client States)


U.S. National Debt Tops $33T for First Time

Comments ( https://news.ycombinator.com/item?id=37563335 )

https://www.nytimes.com/2023/09/18/us/politics/us-national-debt.html


Firefighters
Sheriffs
Sole proprietorships & partnerships
Privately-held corporations in non-political, non-heavily-regulated industries
Custodial banks (Schwab, Fidelity & TDA)
Credit unions

These may not be "institutions" in your sense, but I'm sympathetic to these & haven't seen corruption:
Mises Institute
Ayn Rand Institute
Federalist Society
Low Carb Down Under
Watts up with that
Gun Owners of America


It's a stealth plane & this is all just marketing


I hadn't thought of it but nostr would definitely be good for 3D printed gun community which tends to get banned elsewhere


I limit US pork for that reason
Pigs are auto enzyme digesters and "bad" fats are stored with little modification

I do lean towards grass finished beef; the same effect is present to a lesser degree in ruminants (as shown by omega ratios) but I think grain finished is OK


Those properties conferring value is contingent on a positive valuation for the underlying good in the first place.

If I had a bank vault that could only secure normal water, would anyone be impressed that I could secure it really, really well?

Similarly, Bitcoin excellently secures and transports the thing the ledger tracks, which turns out to be nothing at all. If Bitcoin could perform those functions so well for actual money, that would indeed be remarkable. But I will not agree that the 'nothing' the ledger tracks is money merely because it would be wonderful if it were.


That's the cuck pride flag


It's up to the people
Sell 💵 for 🪙


Stealth plane missing
Seems like a giant marketing stunt

nostr:nevent1qqsdpv0v6qefky6w457g4lcmxduq2vzpkmwpzldn6ua7d205deu9fhcpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpqt3frpkjq24gqd5j3vqsu0mq4j2t740h9z5syl0990jwp4ujv6eqvzqqqqqqycmw29y


Backing means the issuer redeems the currency for the backing asset

The issuer here is nominally the Federal Reserve but in practice the US Federal government

So the Federal Government offering a real asset for dollars is a form of backing (with the caveats that gold redemption is not at a fixed rate & it's a different agency)

I'm not aware of a USFG plan to offer cow turds for dollars


The dollar is kinda sorta backed by gold.

You can go to the mint & get gold at "free market" rates, which is redemption (except that proper backing should be at a fixed rate).


So the later bitcoins store more energy than the earlier ones? Are they worth more?


How much energy does a Bitcoin store?


You determine the value, but it's not a whim. It's not something you can make up however you want. If I decide that salt is worth more to me than gold & sell everything I own to buy salt, I will probably discover that in fact there are limits to what I can do with salt and the real well-being or satisfaction I get from the salt is less than I might have hoped. When I discovered this, I will have to sell or otherwise dispose of the salt, which reveals my low valuation upon experience.


It's not backed by math, backing means the issuer holds the asset which is the real object of value and the currency is merely a stand-in.

You don't have a particular right to go to a "miner" (psyop term) and demand a particular amount of math for your Bitcoin, and even if you did that math wouldn't have any particular value.

And being un-inflatable only adds value to a currency if it already has economic value.

Weimar Reichsmarks are in some fixed quantity (trillions or quadrillions) but still none can be issued. While the paper mark has some value now it is as a historical relic, the actual accounting units are worthless, which you can see because the trillion reichsmark note fetches almost the same price as a hundred thousand reichsmark note (or at least not 10 million times as much).

Similarly there are only so many of the hyperinflated Zimbabwe notes but the $50 trillion note sells for almost exactly the same as the $50 billion note. So the accounting unit is worthless.

What brought down the Beanie Baby craze was not the exponential creation of stuffed animals, but the failure of new products to reach new highs.

Bitcoin is a more perfect liquidity receptacle than Beanie Babies so I suspect we will continue to see it gyrate and pump until fiat dies. But I expect it to die then too because there's no "there" there. The ledger tracks nothing.


In quantity, supernova

In price, people wanted gold for jewelry or to fashion simple metal instruments (like lead, gold is malleable & makes good plumbing)

Then because it was durable people decided to save gold (later selling it to others for material uses).

But that can't happen with Bitcoin, there is no base case of jewelry or conducting electricity or whatever to bootstrap from. Instead it is a derivative of fiat which is a derivative of gold.


Subjective value doesn't mean I can make up whatever I want, it means I value things according to the highest use to which I (the subject) can put them.

For Bitcoin that is only trade, and it has that value only because others value it for trade, and they value it for trade only because still others value it for trade. Do you see the circularity?


Right now the Bitcoin market price (and thus real value) is above zero - I don't dispute that

I am claiming it will return to zero because there is no real asset, precisely when, as and because fiat currency dies


How did it go from zero to 21 million?


It's only a means of exchange if it's valuable
Do you see the circularity?


If it's backed by metal it's not fiat - you can express your lack of confidence in the issuer by redeeming the currency for the metal and peacefully withdrawing from the system

Fiat makes this peaceable withdrawal impossible (at least, not for everyone)


Already was - where did it come from?


Machine labor theory of value

Value comes from the highest use to which I can put a good, not from the difficulty of its creation or acquisition


Pure gold is a very soft metal and can be hammered into shape with a rock.

But I'm planning for fiat collapse, not the literal evaporation of all tools.

I think in a fiat collapse I might lose electricity or Internet temporarily.

I don't think my metal coins will evaporate.


Gold is entirely sufficient to blow up the fiat ponzi, but I suspect silver (or even some base metal) will be the trigger

When Comex runs out of something I think we'll have a run on the commodity "bank"


The nice cryptographic and mathematical properties provide economic value only if Bitcoin already has economic value.

A secure, transportable, etc token that's not actually worth anything wouldn't send or store "monetary value".

While Bitcoin has a nonzero price right now so does fiat.

My problem with fiat is there are no coats - there's no real substance behind the tickets. It's cargo cult economics, acting out the ritual of economic action but drained of the underlying meaning. The same applies perfectly to irredeemable cryptocurrency.


It's not a commodity, it's a currency.

The whole "Bitcoin is a commodity" thing is a psyop, as is calling it a coin, calling the accountants miners, images of gold coins, etc

Define commodity - I suspect it will either be a uniform material or some incredibly complex definition that includes all the uniform materials + Bitcoin but excludes the other cryptos


Yes, as a speculation during fiat collapse I think Bitcoin might temporarily spike in real value.

Similarly, fiat might have a temporary deflationary spike before hyperinflation. I have no desire to hold a bunch of Federal Reserve Notes to speculate on such a situation.


Is South Sea Company stock free? Give me a share


Why should there be demand for Bitcoin in a post-fiat world?

Only because it has value in trade. And it has value in trade only because there is demand.

In contrast there will be nonzero demand for oil, meat, and yes even gold in a post-fiat world and even excluding the possibility of trading it on to someone else.


My argument is we will revert to barter & only True Believers will accept Bitcoin, and they will quickly lose faith when they see how few other True Believers there are.

Also, you might lose electricity or Internet temporarily.


Vibe


Inflation (including fractional reserve) = you have too many tickets for your coats
Fiat = there are tickets but zero coats

So Bitcoin purports to fix the inflation problem but not the fiat problem. But if there are any tickets and zero coats, that is too many. The ticket supply has already been inflated.

The point of gold is not to limit inflation, the point of gold is to be the unit of value, and inflation undermines that function which is the problem with inflation. But it's not just an arbitrary and meaningless unit which could be anything - or nothing. Gold emerged as commodity money because of its durability (suitability for saving). But it was worth saving in the first place only because it had value, and it had value ultimately because it is a useful physical material.

All of the wonderful properties of Bitcoin (security, transport, etc) are useful only if the bitcoins already have value for some other reason (eg speculation). So why should Bitcoin have value in the first place?

If you want to wave the problem away & just note that somehow or other the Bitcoin market price has risen above zero: note that so has the fiat market price (in gold, or salt, or oil, etc).


Is the market wrong to value gold?
Is the market wrong to value fiat notes?

The Bitcoin maxi case can't depend on the current valuation of Bitcoin because doing so validates fiat & gold as well (and of course the historical value of South Sea Company stock & Enron stock would be defended as well)


Subjective value (at least in the Austrian sense) does not mean you just make it up and it can be whatever you want

Subjective value means you value a good based on the highest use to which you (the subject) can put that good

For Bitcoin that highest (and only) use is trading it to someone else, which historically does depend on fiat. When the value of fiat goes to zero (because it is no longer desired in trade), the value of Bitcoin will go to zero in the same way and for the same reason.


It's a decentralized accounting unit which does not track any real thing


Way, way more scarce - there isn't any!


Fiat can also be exchanged for electricity, Bitcoin, compute-time, etc

Your challenge is to explain why Bitcoin has value and fiat in some fundamental sense does not (or will not)

So just pointing to the nonzero market value at present doesn't advance your case unless you intend to defend fiat as well, which currently shares nonzero market value


That depends on Bitcoin having value which it does in the current fiat regime, but so does fiat.

If Bitcoin didn't have value, it's security and transportability (etc) would not add to its value.

Do you see the circularity?


Money must be physical because it must be a commodity - it arises out of real exchange in the market of real goods. You could not have a leader create some new paper currency out of nothing and impose it - how would anyone know what prices to charge?

See Mises' regression theorem - the value of BTC derives from fiat which derives from gold which derives from the physical use to which gold may be put.

If aliens came & reprogrammed our brains to find gold ugly & useless (for jewelry, filling teeth, scanning electron microscopes, etc) then I would predict it's market value (as measured in oil or salt or meat etc) to drop dramatically.


Yes exactly - there are no coats, and so long as nobody in the world has any coats this system is better than other systems with claim check inflation.

But what if somebody opens a seemingly-trustworthy coat room with actual coats?

Obviously we know about this whole missing coats problem so you wouldn't want to leave your coat in there indefinitely


Machine labor theory of value


That's not backing.

When FRNs were backed by gold you could take them to the Federal Reserve (or the US Treasury) and demand gold.

The issuer who created the notes "backed" them by pledging a real asset - the notes were merely a stand-in for that real asset.

I don't have a particular right to go to the miner & demand any particular amount of energy for my Bitcoin.

Similarly, gold takes energy to find, recover & refine, but it is not backed by that energy. If you think it is, then we could ask what backs the energy. Hopefully you see why this leads quickly to absurdity.


Subjective value = the highest use to which I (the subject) can put this good

This is the Austrian/Misesian notion of subjectivity

In contrast the Objectivist/Radian notion of subjectivity is something like "I just make up whatever I feel like"

Economic value is subjective in the Austrian sense, which frankly the Objectivists would call objective


Why does Bitcoin have nonzero value?

It's secure and can be "sent" instantly etc etc
But those processes are only valuable if Bitcoin is valuable

So why does Bitcoin have nonzero value?


That's not what backing is
Backing a currency means you can take that currency to the issuer and get something of real value for it

The monetary value of a currency = face value × expected redemption

So USD and JPY trade at steep discounts and EUR and BTC trade at steep premiums


That capacity depends on Bitcoin having nonzero value in the first place.

Currently irredeemable currency enjoys nonzero value and irredeemable cryptocurrency enjoys nonzero value. But as goes one so goes the other, because they are all irredeemable currency.


Why do I want Bitcoin except to exchange for fiat or to use as a stand-in for fiat?

The obvious non-fiat thing in which to price Bitcoin is gold, but if we're pricing things in gold why do we need Bitcoin? Do you see the dilemma? How does Bitcoin ever "get under" gold logically and become the more basic unit of value?


Again, the energy theory of value. Like Marx's labor theory of value, this is incoherent.
Is it information or energy?

And no, the 1tz coin is worth 10x as much as the 1/10tz coin for the same reason 10 barrels of oil are worth 10x as much as 1 barrel of oil - namely you can do 10x as much with the material.

The $100 bill is worth the same post-fiat as the $1 bill because you can do exactly the same things with them. The $100 bill is worth more now only because the fiat credit system gives you more points for it. When that system collapses obviously the $1 and the $100 will have the same value - just as Zimbabwe $50trillion notes and Zimbabwe $50 notes (from the hyperinflated currency) already have the same value.

This problem applies to Bitcoin as well. There is no reason that 1 Bitcoin is worth more than 1 satoshi except that it counts for more fiat credit - unlike oil where it is very obvious that 1 barrel is worth more than 1 gallon.


Zapped


If we could teleport gold around the world that would be a great invention.

But we cannot, and the people who are telling you that Bitcoin is digital gold have not thought through why Bitcoin enjoys nonzero valuation right now. They take it as a given that Bitcoin has a nonzero fiat price, which it certainly does. But why?

Why exactly did the pizza manager gift two pizzas for a bunch of Internet points he didn't understand and had no use for? Was he the first true believer? Did he read an advance copy of Broken Money?

Or if Bitcoin was already trading for a few cents or fraction of a cent, why?


USD value will go to zero
Bitcoin value will go up in USD terms forever

I agree with all that - but notice Bitcoin still goes to zero when USD does.

(And now you say no, Bitcoin won't actually go up in USD terms forever, I didn't mean it, I meant it goes up in real value forever)


A nice tactic I see also from communists

"I've been convinced but can't actually make an argument so read this lengthy book rather than debate ideas directly, and if the book doesn't convince you the problem is with you"

nostr:nevent1qqsg4d3njsjwf3a2wjcfwp3j3qem68a4tvzk62zsfe45qngzksn3u8qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpwfsfxnwy4r6x6nkjtvsuja2szgpy5npw42x59enw32da7dtd8fsqvzqqqqqqy0zl8ne


You will own nothing and you will be happy


How exactly would gold die? People just giving it away on the street corner? The physical material is unlikely to evaporate.

When Bitcoin dies, it won't be "free", it just won't be traded. No one will think about it, no one will accept it as payment. It will be just another fad of the past, like Furby or South Sea Company stock.


You own the claim on Bitcoin, but not the actual Bitcoin (which doesn't exist)


What's the money value of an email?


It's a product of the fiat bubble - a capture mechanism for excess fake credit - another epicycle in the fiat theory of money

Bitcoin might even go up in real terms before fiat completely dies, just like there can be fiat deflation before the end


So you agree the US Dollar (Federal Reserve Note) has value?

But that might change?
Maybe the valuation of Bitcoin might change as well.


There is no Bitcoin, there is only an accounting record of how many Bitcoins Mr. Satoshi owes you


The difference is if I am "stuck" with precious metals I can trade/sell them to a jeweler, or a dentist, or an electrician, or a scientist with a scanning electron microscope - who wants the metal not for trade but for practical use.

The possibility of non-trade use creates the certainty of trade use.


Gold can fill a tooth cavity, or coat a surface for a scanning electron microscope, or conduct electricity.

The money value of gold derives logically & chronologically from its material use.

The value of fiat derives from gold. The value of Bitcoin derives from fiat. You've just added another derivative, another epicycle on the fiat hallucination.


It's a little more useful. It's a physical metal I can shape into a bowl to carry water.


If you can't trust or enforce gold, why do you imagine you can trust & enforce shipments of oil, or grain, or manufactured goods?

This is my point - there isn't really anything special about gold (except for uniformity and durability which make it an excellent money but don't somehow predispose it to theft)

Either we develop enough trust to conduct remote trade in physical goods, in which case we don't need Bitcoin
Or we fail to develop that trust in which case we also don't need Bitcoin


US Federal Reserve Notes "have value"
Euro notes "have value"

Who are you to tell a billion people in the Western world whose use these notes every day that their notes don't really have value?

Well, all you need to be is somebody who can think & realize the notes are an accounting unit divorced from reality. The same is true of Bitcoin.


Yes - my prediction is that when Federal Reserve Note & Euro both die so does Bitcoin.

It is also possible somebody could back Bitcoin with gold by offering to buy Bitcoin for gold at some fixed rate & selling Bitcoin for gold at a slightly different fixed rate (creating a spread). But they would be limited in "issuance" & I expect they would just create their own ledger rather than try to use Bitcoin.


If the supplier of my business takes Bitcoin now, almost certainly they turn it into fiat (possibly collateralized stablecoins) in order to pay their suppliers. Or maybe their supplier does. When fiat collapses, I can't keep taking Bitcoin unless my supplier does, and he can't keep taking Bitcoin unless his supplier does. And so on. So only if you have self-sufficient systems in which everyone takes Bitcoin can it continue to circulate.

Instead, most people will turn to physical barter and we will rebuild a monetary system (likely) based on precious metals.


I take metal disks and guard them with my life & smokeless powder

There is no trade without trust, except perhaps physical barter (and even there is a degree of trust)


Bitcoin in your memory is also imaginary

If you can get others to imagine with you, that particular form of imagination can prove very effective - for a time

We are going to wake up from the fiat dream at some point, and Bitcoin will be left behind


Either we develop trustworthy systems in which case Bitcoin is not needed
Or we do not develop trustworthy systems in which case Bitcoin is insufficient

Gold did work for thousands of years. Why are you so confident of the success of fiat? A few decades is nothing in human history.


USD also goes to all time highs in those places


GLD & LBMA are easy to seize, my personal safe less so.


Do you really believe Nixon had the power to end a 5,000 year old practice with a mere announcement?

That's the show talking my man


US got way ahead in industrial & technological terms & was able to force most of the world into effectively a tribute system

That lead is practically gone


A currency being backed by something means you can redeem the currency for that thing.

When the dollar was backed by gold, you could go to the issuer of dollars and demand gold. The dollar had value because gold had value, not because there was stored energy or the accounting system or anything like that.

With Bitcoin you have no particular right to go to the miner and demand energy or "blocks". So it is unbacked just as fiat currency now is.

Moreover, the energy used to create Bitcoin does not confer value. This is a variation of the labor theory of value, which has rightly been discarded for subjective theory of value - see my longer post in this thread (replying to Sec Yellen) for a more complete explanation.


No, I don't. But it is unbacked - a currency without a money, just like fiat. It is just as worthless for that reason.

Fiat has mathematical problems that Bitcoin does not.
Fiat has economic problems that Bitcoin also does.


before this institution came along you lived at the level of subsistence and worked far harder for far less reward


It's not on this planet


Yes, but also Gaddafi was trying to put Africa on a gold standard.


Do you deny that Bitcoin is a human creation?


Unbacked = it is a meaningless accounting unit (like the Federal Reserve Note); it has no real value

When fiat dies so does Bitcoin (and all unbacked cryptocurrency)


Give up on decentralization.
Give up on "trustless" currency.

We have to build trustworthy systems to do real commerce.
If you want to ship oil or grains or manufactured goods around the world you need trustworthy security & dispute resolution.
If you have trustworthy security & dispute resolution we can also ship precious metal around the world.
If you can ship precious metal around the world in a trustworthy way, then you can transact in electronic claims on precious metal.
If you can transact in trustworthy electronic claims on precious metal, there is no need for irredeemable cryptocurrency.

Bitcoin is an elegant solution to the wrong problem.
It is technologically sophisticated but economically illiterate.

Like Karl Marx, Bitcoiners (typically) assume that the difficulty of producing a good imparts that good with value. Marx was focused on human labor while Bitcoiners are focused on machine labor (energy). But this is simply not a coherent theory of value. If all goods can be reduced to a single scale of value, then why does exchange occur at all? Exchanges become more for less (exploitative) or equal for equal (pointless) rather than A for B (mutually beneficial).

The labor theory of value was rightly discarded for subjective theory of value. For exchange to make sense in the first place, the parties must disagree on the relative valuation of the goods or services exchanged. I prefer a snack of cookies to carrots, you prefer carrots to cookies, and so we trade. If we agreed on the relative valuation, the individual who had the more-valuable-to-him good would not give it up for a less-valuable-to-him alternative.

So the value of a good is the highest use to which the individual can put it, which varies from person to person. For Bitcoin, this is only the ability to trade it on to the next fellow. So long as there is an infinite chain of fellows, this works well enough.

But, the acceptability of Bitcoin right now depends on fiat, which depends on gold. If I want my business to accept Bitcoin I can take it and exchange it rapidly for fiat (including collateralized stable coins). So I don't have to care whether my supplier takes Bitcoin. But if fiat collapses & my supplier does not take Bitcoin, I need to find a new supplier or stop accepting Bitcoin. And my supplier is in the same boat, and his supplier, and so on. Unless you have a local economy which is self-sufficient and where everyone takes Bitcoin without exchanging it for fiat, Bitcoin acceptance will likely diminish dramatically during a fiat collapse. Only the "true believers" will take it.

The rest of us will turn to physical barter and rebuild a monetary system (likely) based on precious metals. We could then have markets which exchange Bitcoin for precious metals (or claims on metals). But again, what would be the point of Bitcoin in a world where we have trustworthy electronic claims on precious metals?

So the question is - how do you ever get to hyperbitcoinizatjon? How do you ever get to general acceptance of Bitcoin without some other underlying money or currency which people regard as the real deal? How do you make everyone a "true believer"?


You should take some Federal Reserve Notes and demand redemption, see what they do

See:
12USC411 guaranteeing redemption on demand
12USC354 authorizing only gold for the purpose
18USC334 making it a felony for them to refuse
And of course US Constitution Article 1 Section 10 - authorizing only gold & silver as legal tender


Bitcoin is unbacked currency just like fiat


Dal TX Fed is Soviet brutalist - a big concrete bunker (ok with some glass but still horribly ugly)


All men are equal = courts should be impartial

Not
All men are clones
Or all men have the same capabilities
Or all men are born with the same potential

But instead all men are politically equal
All men have basically the same rights & obligations (if any)
All men are born with the same moral worth (to be enhanced or denigrated by the individual's own conduct)

So when a dispute comes before a judge, that judge should consider the conduct of the individuals involved, not their identity categories


But if I wanted to upload anything controversial/political I would copy it elsewhere and try to push people to that


Some content I like isn't available elsewhere (mostly esports & high quality documentaries)

For news/politics/finance I don't mind the YouTube algo & I then find those commentators elsewhere


Imagine seems like some commie nonsense to me

Imagine no possessions
I wonder if you can
No need for greed or hunger
A brotherhood of man
Imagine all the people
Sharing all the world

"You'll own nothing and you will be happy"


I doubt.

US Gov has too much debt to allow rates to rise over decades from here.
Maybe if voters out RINOs and elect an America First/libertarian/constitutional conservative Congress they can cut spending & hold the line on bank bailouts.
But that's unlikely, and assumes the financial system holds together long enough.
So, I doubt.


My experience was different.
I was on a year-plus job search a couple years ago; perhaps things have gotten much worse since then.

Like this author, I was also primarily marketing a specific skill (SQL rather than creative writing).

I found Indeed gave me a far greater real response rate than LinkedIn, and a couple months of Indeed searching got me several interviews & 1 job out of a couple hundred applications, as compared to far more time-consuming applications on LinkedIn numbering in the thousands which resulted in 2 interviews.

Perhaps if job sites are not working for this guy he needs to pick up the phone or even visit businesses in person?


Absolutely scarce assets (land) become valued above their free market values, especially in the presence of fractional credit expansion + fiat depreciation. People borrow depreciating currency to buy (nominally) appreciating assets, producing a speculative bubble.

So the end of fiat/fractional banking should reduce the value of assets which are merely scarce.

What does this imply about the (real) valuation of Bitcoin in the event of fiat collapse?


Yes, also the biggest eco-disasters come from State bureaucracies, eg. Aral Sea & Nord Stream.

Common law had mechanisms to resolve disputes involving pollution. The polluters lobbied for regulation in part to replace common law liability with a regulator they captured and cartel-ized.


It's going to zero when USD dies


Rumble, bitchute, Odyssey

Or maybe in the future we'll rent encrypted cloud serving & you can host whatever you want

Then link on social sites


Hooray


That's why it's called pirrh


Act out that theory, try to take my life or property, and my actions will speak louder than your words.


Most anti-theist zealots in Western culture are post-theist Christians (largely Platonist / Augustinian)

https://www.unqualified-reservations.org/2007/09/how-dawkins-got-pwned-part-1/

https://fvdb.wordpress.com/2010/04/20/the-duel-between-good-and-evil-aristotle-versus-plato-ayn-rand-versus-kant/


The solution is suits at common law (ie liability rather than regulation)


Bank fracking? WTF we need as much energy as we can get


I agree, good action drama


Isn't that like million dollar Bitcoin? What's the ratio of sats to bitcoins?

And the answer is yes, because in such a circumstance $100 might buy you a cup of coffee if you're lucky


The US Federal Reserve has been forced to default on gold.
Soon it will be forced to default on math.

https://www.lewrockwell.com/2023/09/no_author/lots-of-red-ink-at-the-fed/


I agree with all that


I consider this a symptom of psychological fascism; with the name derived from ancient Roman fasces
(not specifically from 1930s Italian trade unions or post-Marxist socialism or anything like that)

Individuals increasingly orient all behaviors around authority (fasces) and violence. Authority becomes not just direct, but also indirect and communal. The normal individual is permitted authoritarian or violent behavior along a certain pattern (think Maoist struggle sessions or Covid mask Nazis). But this indirect authority is largely illusory - the power an individual enjoys by engaging in the socially dominant behavior is not really any greater than he could exercise alone.

So there is a constant need to make the authority real via ritual, violence, and propaganda. I see the 6ft spacing, one-way aisles, cloth masks, etc as a crisis (not apex) of authority.

I think a natural part of the pattern is for individuals to exercise authority over the realm of biology. Supposedly a major factor of the downfall of ancient Sparta (which I consider the archetypal fascist Republic, in the sense discussed here) was strict racial purity laws intended to maintain the soldier class as distinct from the slave class. Eventually the soldiers were simply too few in number, and Sparta faded into irrelevance and ruin.

Ancient Rome combined the Spartan notions of authority with Athenian (really Aristotelian) conceptions of reason. In my view this generated a train wreck or chain reaction that has continued to evolve throughout the West (and especially USA which consciously imitated Roman institutions).

Perhaps I am too optimistic, but I think the only resolution possible (and inevitable) is anarcho-capitalism. The scale of reason, the individual human mind, must be matched to the scale of authority.


Does he know about saving money?

I understand you're crazy about Bitcoin but I suggest saving silver as a hard money to teach children


Yes, but the corporation there is trade unions, guilds, etc not particularly business. Moreover the "merger" is not some mere overlap but complete union.

https://en.m.wikipedia.org/wiki/Corporatism
https://en.m.wikipedia.org/wiki/Corporation_(feudal_Europe)

I think it's somewhat defensible to label "fascist" cases in which business corporations in particular have outsized influence on the State, but that's not what Mussolini was describing.

His notion of the corporate state is corporative - an embodiment. The State itself is made up of the bodies or organs of society. It ceases to be a truly separate institution. As Mussolini famously said: "All within the state, nothing outside the state, nothing against the state."

It is not that institution A (say, Boeing Aerospace) has a lot of influence on institution B (US Federal Government). They are to be really merged, to be indistinguishable in some real sense.


Many such cases

nostr:nevent1qqs275dnvpfvf5seqwnt0q0zq68eqledhavkf3ah3wuayl4fh7a0duqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqukn8lwewek2l73qsgm43cw5h9ze252fupdeeftqxuyvrjjzrs5yqvzqqqqqqy9cx94f


I'm doubtful that physical dependency on an internally-produced chemical is a meaningful construct.

Even so, many things provide dopamine, not just the specific "addictive" behavior. Habituation would suggest that the individual should get more dopamine from a non-habitual source than from their habitual source. So physical dependency should promote variety of behavior rather than behavioral "addiction".


I'm with Matt Walsh on this one - addiction should be understood as physical dependency, not merely some destructive habit


Lead on, good fellows


The etymology is the rather obvious "count" (conter)

So just what is being counted?
Once upon a time, it was silver, then gold. But now?


"Progressive" education = Prussian schooling = mass indoctrination

But originally the adjective "progressive" was applied to the noun "Christian"

Check out this "super-protestant" program: https://content.time.com/time/subscriber/article/0,33009,801396,00.html

In my view the divide is Aristotelians vs Platonists (who were pagans) and this applies also to Christians (Aquinas vs Augustine) and atheists (Rand vs Kant)

Aristotle/Aquinas/Rand:
The normal world is real & the normal man can understand it; man should aim for some form of well-being or self-cultivation in accordance with individual reason.

Plato/Augustine/Kant:
The normal world is unreal or unknowable or secondary to some other unknowable realm. Man should aim for gratification of his whims, or self-sacrifice for others, or duty to the group or State.

I have my own criticisms of Rand but I agree with her basically realist/rationalist orientation and the basics of this historical outline
https://fvdb.wordpress.com/2010/04/20/the-duel-between-good-and-evil-aristotle-versus-plato-ayn-rand-versus-kant/


Actual liberalism is concerned with liberty, hence the name, not some abstract notion of dignity to be achieved via mass public slavery to the socialist State

https://mises.org/library/liberalism-classical-tradition


The ledger is useful but not scarce
The ledger entries are scarce but not useful


No it's not


I personally see video hosting as something that's likely to retain some centralization and I'm at peace with that

I like rumble, odyssey, bitchute currently
Also YouTube for less political topics


Police have been repeatedly found in court to have no particular duty to actually protect individuals.

A man was stabbed in a NYC subway car while 2 policemen literally watched without helping. The victim sued and lost. The police had no particular obligation to arrest the criminal or protect the victim.

There is no social contract between the State and the citizen. One of the principles of contract law is that both parties are obligated to do or give something of value to the other. With the State, all obligations belong to the citizen and all rights to State officials.


https://youtu.be/N1LetB0z8_o?si=tWoxJ_yZabZh7xeH

I knew about BBC's early call of WTC7 collapse but I didn't know other news outlets also reported it


Yes, he is, but I'm not worried about it. They left (IMO) as much to escape Zelensky as Putin.


This was olden times
He'd probably bring opium


Niggaz wit coins?


The past no longer exists
The future does not yet exist

Motion is not a thing, it has no weight or spatial dimension

Epur si muove


Not the first ever, although they tried not to admit it

https://www.npr.org/2008/03/07/87974932/case-stokes-debate-about-autism-vaccines


What is money?
🪙


Yer jus askin for a meme dump, boy


Every normal man must be tempted, at times, to spit on his keyboard, post the black flag, and begin roasting anons


I don't have any special interest in Iran beyond chatting with you


Disney/Bud Light show the globalists want to use capitalism to impose their values but don't understand incentives run the opposite direction. They can take over a bunch of companies & run them against consumer interests, but that's just a bonfire of wealth. Over time the winner will be the entrepreneur who best meets the needs & desires of the consumer.


Assuming your account number (whatever you call it) is anonymous or pseudonymous, yes

Which stresses non-KYC


All of authority is fake. Life is permissionless. But we are aware of risk & reward.


I saw video a while back of women refusing to cover their heads, supposedly in Iran. Is mass public action possible? How strong is support for the regime among common people? Are they enthusiastic or resigned?


Different people run unlicensed "pirate" radio stations but the authorities shut them down if they can

There's ham (amateur) radio but it's a separate network from FM/AM/CB

I checked and it's licensed, although it's only $40 (~5 hours of menial labor, 1-2 hours of skilled labor)


What kind of radio are you talking about? Here in USA my car can receive & play FM or AM radio. To broadcast in those bands is supposed to require a special licence.

But I also have a handheld radio (CB) I keep in the car along with other emergency equipment.

Do all of these require licenses for you?
And even if they do, assuming you can get the equipment you can listen to any of these frequencies without broadcasting your location


I agree with all that except to point out that your first reference to Bitcoin (as currency) was technically accurate and your later reference to Bitcoin (as money) was inaccurate


What else can you do with them?


CPI ex everything


That's a position, not a game

The initial position has 20 legal moves for each side, which is a pretty decent estimate of the average number of legal moves, and games can go for 60+ moves (30 per color) quite readily

2^(8×26) = 4.1×10^62
20^60 = 1.2×10^78

So there are quite certainly more games than possible configurations of 26 bytes, in fact as games fairly frequently go 100 moves or more by both sides there are dramatically more games

On the other hand if you store the game score rather than the position, 12 bits is sufficient per move to indicate the origin square & destination square of a piece (8×8 grid = 3 bits × 3bits).

Origin+destination is sufficient for everything except pawn promotions which would need a further 2 bits (4 possible promotion targets) per promotion. There are 16 promotions possible per game so 32 bits, which can live as a separate array sorted by origin square of the pawn.

This gives 3N+4 bytes to store an actual game, where N is moves by both players (how chess players normally count turn number).

The quickest possible checkmate, the Fool's mate delivered by Black on move 2, would take only 10 bytes - less than a single position in the method above.


Sure, but you can't ignore the real history of unions - particularly the use of violence to intimidate would-be strikebreakers and employers.

There's also the economic aspect - you can't drive up wages beyond productivity without driving employment volume down. You can't pay a bunch of union reps without that money coming out of workers' paychecks somehow or other.


Well, in 1932 FDR ran at least partly on ending the big government programs of Hoover (who was no laissez faire radical)

But there is no excuse for the re-elections


What was the supposed crime? I knew about all the murder but not why they did it


Arrest? Lynch


Interesting. I'm tempted to blame only fiat but the competency crisis and pre-fiat decay should probably share the blame.


Ceiling birds do seem to make their nests in pigmented homes


I mute on sight, only had to do so to about a dozen and now I never see it


I think this reflects well on both Carlson & Milei.

Milei comes across as having exposure to libertarian thought (equality before the law, non-aggression) but also deeper familiarity (eg cogent references to multiple of Hayek's works)

If Milei is a WEF double agent he's indistinguishable from the real thing.

nostr:nevent1qqs8p7ehnvrq29ga0hxzmmaz35v3t0xl588jhcrt6kg5v8jhpmant6cpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqq24xuav0xmllv84smp7dqukl85z63hh4lnszm2xakw2g6aruxldqvzqqqqqqyk2neyz


Capitalism is you earn a high enough standard of living to buy tickets rather than having to peep at the game


I won't wear a dress but the rest sounds good


No way - pistol grips are banned


Fire Engineer at 37:30 says neither office fires nor kerosene (jet fuel) can melt steel, and deforms it only gradually as it heats/weakens it, producing a gradual rather than sudden collapse

https://youtu.be/DgwlFY-4Txc?si=r2UnHAauSb5m8qAb


It's happening in real time

https://fred.stlouisfed.org/graph/fredgraph.png?g=18R8C


My experience has been that whole foods are much cheaper than processed foods, and don't take much longer to prepare, especially for simple meals.

Budget carnivore (cream/butter, ground beef, eggs) I think can be done for under $10/day, and premium carnivore (eg grass-fed steak, pasture-raised eggs, wild salmon) costs me $20-30 per day as a 200+ pound adult male. Normal diet with snacks cost me something similar in the past.

I think you could probably construct a healthy-ish diet for under $5/day (eg cheap calories from olive oil & starches, cheap protein from factory chicken, pork & eggs, also mussels; if you're eating plants for VitC you could go into protein sources like canned sardines or tuna)

I think the idea that whole foods are expensive and cooking is difficult and unpleasant is basically another psyop


Don't fight it - DM me
#datechain


Source?


It's a savory condiment


Then it explodes


Unironically yes


It seems to me Google is clearly superior to Apple and clearly imperfect

I'm on my current phone for awhile yet, but in the future considering a "dumb phone" or a privacy-centric alternative


I'll believe it when I see it

The pro-Ukr narrative
(long glorious march to victory which any day now will break through)

seems to me much less plausible than the pro-Rus narrative
(grinding Ukr military down with artillery)


I see it in Texas & West Coast as well.

I blame the fiat/fractional Ponzi as well as the regulatory state.

I think things are going to get much worse but also much more rapid. Hopefully we can get thorough the worst of it in a couple years and start to rebuild


Quite the opposite - all my culture needs is for its forcible suppression to cease


If it's the official government number, they have substitution effects

So if steak goes up in price more than hamburger, they assume people switched to hamburger


https://x.com/TuckerCarlson/status/1702079713622299100?s=20

Inflation in Argentina - this is why I sell excess fiat currency for real assets


"I do not ask you to lay hands on the tyrant to topple him over, but withdraw your support and you will behold him - like a great Colossus whose pedestal has been pulled away - fall of his own weight and break into pieces"

Etienne de la Boetie
The Politics of Obedience: The Discourse of Voluntary Servitude

https://mises.org/library/politics-obedience-discourse-voluntary-servitude


https://mises.org/library/what-has-government-done-our-money

https://libgen.rs/book/index.php?md5=79BC441BCBD6EB006034ADBA4712B248

https://libgen.rs/book/index.php?md5=FE21D2680924D21B6B2A4DD253E1E4E8

The Federal Reserve is also a cartel (along the lines of ICC and other Progressive-Era regulators)

Some banks would issue excessive bank notes (back when every private bank could issue notes), and would find that individuals would go to their own banks (particularly Boston & Pittsburgh banks which had well-developed clearing mechanisms) which would in turn demand redemption of bank notes. This caused the dishonest banks to be drained of specie and ultimately go bust.

The idea is to create a cartel that regulates the rate of inflation (inflation here having the traditional meaning: artificial expansion of currency and credit). All the banks expand credit in concert, with none able to demand specie payment and thereby bankrupt more-expansive banks. The Federal Reserve Act brings in the force of government to achieve this coordination, legalize the scheme, and in exchange cut the State in on the proceeds. It also serves as the famed "lender of last resort" in case demands for redemption should begin to bankrupt the most vulnerable banks, attempting to keep the confidence game going.

But the cartel could not be expanded to the general public or to foreigners, and the cartel was forced to default on specie to each in 1933 and 1971.


Communism Corporatism
Capitalism


I want dumb memes


God willing - mine is still 100% human
#datechain


Ridiculous. I don't eat toast.


It's what egirls put on sandwiches with jelly


That's why I keep the amount moderate, like a gentleman


Banks are safe & effective


Yes, obviously

CO2 is plant food

CO2 causes extremely little warning, but even if it did we're much closer to an ice age than to any sort of heat disaster

https://youtu.be/wnjozntXnZ4?si=zxQX-HXFcXqFQP7i


I've never seen a bitcoin


So you have less and less privacy throughout the week?

If you really want to save money, spend 2-3x on Merino wool but buy many fewer items - one garment can be worn every day for months without getting gross (naturally wicks sweat away & naturally antibacterial)

Also ideal for travel


I'm not racist but I'm also familiar about it


All the fiat 💵 are paper tigers
Final battle is 🪙 vs 🅱


I think means/ends are distractions from being. The point is not to slay the dragon, or to take up the sword, but to become courageous


If you liked "The Science"
You'll love "Our Democracy"


No, gold is gold

Bitcoin is a digital nothing - another fiat currency

The fact that energy was used to encode ledger entries does not imply that those ledger entries have value corresponding to that energy, or any other value


Nah he was just a cypherpunk who didn't understand economics & created a more perfect fiat to try to fight fiat


The banks are safe & effective


Prediction: multiple BRICS countries go on individual gold standards within 12 months


Fiat Ponzi blow up already


For certain uses, absolutely


I don't know of any better explanation than thermate (related to thermite, also has sulfur to lower melting point of steel/iron).

7 is a smoking gun, but restricting focus to 1&2 I think the smoking gun is molten steel

Responders & structural engineers reported molten steel in the rubble
https://youtu.be/fs_ogSbQFbM?si=r2TfuT70Otk_DW1b

Molten steel fused with concrete was recovered from the rubble; it's rusted brown so it's almost certainly iron/steel, not aluminum or lead
(21:20)
https://youtu.be/bObrsLtlmrY?si=ILROSGmnRPTEUVrm

Jet fuel can't melt steel, as the fire engineer at 37:30 will tell you, and any weakening in steel occurs very gradually.
https://youtu.be/DgwlFY-4Txc?si=DdZcFQYD0Dm9btGh

The official pancake theory as detailed in that last link can't explain the molten steel, and IMO doesn't explain the sudden collapse of the whole structure.


I find this reasonably persuasive
https://www.onenewspage.com/video/20220924/14959373/J6-Breakdown-by-Wooz-News-via-Mrtruthbomb.htm


14:00 "The deeper they went, the more preserved everything was. 100 feet down they found an eerie world of shopping malls and car parks that in places were virtually untouched"

Seems to dispel the underground nuke theory (in case the lack of radiation or visible explosion didn't do that already)


https://youtu.be/w--5Qc7vmpg?si=NGXreanRv50BWdBO

19:30
"3 weeks after 9/11, only 220 bodies had been identified, with no trace of the thousands still reported missing. The immense destructive force unleashed by the collapse of the twin towers had literally blown apart most of the people left inside. Some had simply been vaporized in the explosions."


Gender neutral cricket sauce


Birth != berth


Ken is a simp


What's the trailing P/E on Bitcoin?


Who else would I be?


Finally

https://rumble.com/v3h44be-president-biden-did-lie-mccarthy-announces-impeachment-inquiry-into-joe-bid.html


What's the difference?


The Western banking system is Safe and Effective


Yeah but Cheney owed Halliburton big for all the money he'd lost


Right now Bitcoin adoption depends on being able to intermediate in fiat

I can take Bitcoin for my business, and if my suppliers want fiat I can go to the markets and exchange them

What happens when fiat collapses?
Many people will accept durable tangibles goods, such as ammunition, or canned tuna, or metal disks (coins).

But why would I accept Bitcoin? Only if my supplier accepts it can I take more than I personally wish to save. And only if his supplier accepts it can he. And so on.

So unless you have self-sufficient networks of Bitcoiners, when fiat collapses so will Bitcoin adoption.

Then you will have to compete against real commodity money not from a position of already having a valuation and a network of acceptance, and integration with financial markets, but from scratch.

The 2 pizzas will not be forthcoming in a hard-money, tangible goods world.

Instead cash will be king.
Cold, hard cash.
...How can cash be cold and hard?


No, but hard money creates the conditions for large centralized state psyop science to fall apart & the truth to emerge


The value of a good is the highest use to which I judge shall be able to put that good

What is the highest use of Bitcoin?
Only passing it on the next fellow

So unless like turtles there is an infinite chain of fellows, the stuff is worthless, just like Federal Reserve Notes (which have some small utility as pieces of green linen, but without relation to their stated value)


I think the Austrians who got suckered into Bitcoin will have egg on their faces by the time fiat collapse is done

It seems to me they have forgotten the difference between currency and money


Isn't value subjective? What do you mean when you say money has a fixed unchanging value? Value in what sense? To whom?


Sounds like the gold standard is pretty great


What's the difference between currency and money?


Those two sources I posted because of their future orientation, but I consider these three to be the best sources on nonviolent, pro-freedom resistance to tyranny

Etienne de la Boetie
The Politics of Obedience: Discourse on Voluntary Servitude
https://mises.org/library/politics-obedience-discourse-voluntary-servitude

Vaclav Havel
Power of the Powerless
https://hac.bard.edu/amor-mundi/the-power-of-the-powerless-vaclav-havel-2011-12-23

Gene Sharpe
The Politics of Nonviolent Action
https://www.bmartin.cc/pubs/peace/73Sharp/


Pirate copy of State in the Third Millennium
https://libgen.rs/book/index.php?md5=D9BACA3E352056622D4CCEB6B34F3E03


https://mises.org/library/what-must-be-done-0

Free ebook version of Hoppe's thoughts on how to achieve decentralization


Book is The State in the Third Millennium by HSH Hans-Adam II

Lecture is "What Must Be Done" by Hans Herman Hoppe


I recommend this book on that topic:
https://www.amazon.com/dp/3905881047
(Btw this is by far the cheapest I have ever seen a physical copy of the book selling for)

And this lecture:
https://youtu.be/MBtl36UB_sQ?si=4PeMbX5Ozz26CFpl


This is one reason I am optimistic about large States breaking apart or at least sharing authority among more local institutions.

More locations where authority is exercised = more competition, and in the event things go poorly it's a lot easier to flee a town than a continent


It's almost like stopping new competition will help the existing businesses


1) Random noise
Their particular governor is a public health bureaucrat rather than career politician so she was deaf to the possible political consequences & had just seen massive power seized in state of emergency during covid. She gave a talk a few months back outlining that she wanted to push every aspect of left politics via state of emergency. She was talking about trans, climate change, etc as being rammed through this way.

2) New Mexico is not an anti-gun stronghold
CA, NY, NJ, and others have a longstanding Fabian strategy for unwinding gun rights. I don't think New Mexico does as much, which creates the possibility for radical error since she's not running from an instiutionally-supported playbook.

According to wiki:
"New Mexico is among states with some of the least restrictive firearms laws in the country. Being part of the Intermountain West, New Mexico is home to a strong gun culture, which is reflected in New Mexico's constitution and gun laws."
https://en.m.wikipedia.org/wiki/Gun_laws_in_New_Mexico

3) New Mexico is small
If it backfires the political damage is minimal. In contrast a bigger state would attract even more attention and if voting patterns change in a large blue stronghold it would be catastrophic.


Myers Briggs is horoscopes for nerds

Big 5 is real tho


He said wholesome so obviously not LW


I agree with Spinoza - if God is real, all-powerful and omnipresent, then God is reality itself

I agree about worship of State but I think it's Platonism vs Aristotelianism, which is slightly broader.
God is the State/self/society (etc) vs God is Nature (or nature's Creator)
God of Mind vs a God of Matter
Leading to: power is control over people ('s minds) vs power is ability to thrive within/control nature
-wnich may seem paradoxical but (Bacon): "Nature, to be commanded, must be obeyed"
Which to me is the essence of daoism - effortless action - striving not against reality but accepting it

I view Rand (because Aristotelian) as compatible with the best of Christianity (because Thomistic and thus Aristotelian). For a good nonfiction exposition I recommend Peikoff's Objectivism: The Philosophy of Ayn Rand. I think Anthem is the best fiction of hers to get a sense of her philosophy. Anthem can be found free online.

Rand's philosophy, roughly:
1) Metaphysics: only the ordinary world is real
2) Epistemology: we can learn about the ordinary world via observation and reason
3) Ethics: Each individual faces the dilemma of individual survival, and the whole point of ethics is to aid him in doing so; reason is his primary tool so rational self-interest is the essence of ethics
4) Politics: Because rational self-interest is the essence of ethics, men must be left uncoerced and classical liberalism is the correct politics

I agree with her metaphysics and somewhat with her epistemology (I think she is missing action, see "Senses as Perceptual Systems", scientific method, OODA loops).
I think Rand's ethics is just wrong which I've written about at some length, I'll post a reply with that but briefly, survival is impossible - all men must die - so instead we should focus on genetic survival, which provides a basis for pro-family & pro-social "selfishness". Also note selfishness in the Randian sense doesn't have to mean being a prick, the core idea is that my life is for me, that my effort should focus on my own betterment. I recommend Dawkins' The Selfish Gene but ignoring his pleas for post-theist Christian/leftist ethics.
Finally I don't think any sort of God's-eye-view version of politics is coherent. I think political philosophy should be advice for the human individual, not some idealistic notion of shaping society out of clay. So my notion of philsophically correct politics is an extension of Nietzsche's master/slave dichotomy which resolves the tension by introducing "trader" as the synthesis and correct role to play. (Something Rand also does but with much less focus). The key question becomes not so much what is the best society, but how to disentangle myself from a would-be master.


Murica


I couldn't find a current menu with prices

But I did find a 1955 menu which showed grilled cheese at 40c, giving a 3.3% inflation rate

Official CPI shows 4.0% inflation over that period

Although, I do have some doubts as to the quality of that later sandwich compared to the ealier. The 1955 menu lists for example Lobster thermidor for $1.15 which I very much doubt could be had for under $6 in 2003


I agree with all that


"I do not ask you to lay hands on the tyrant to topple him over, but withdraw your support and you will behold him - like a great Colossus whose pedestal has been pulled away - fall of his own weight and break into pieces"
Etienne de la Boetie


From my experience in insurance, this pattern makes a lot of sense as applied to houses - one house can be burned to nothing and the house next door totally fine, mostly depending on roof type and proximity to combustible material (eg landscaping plants). Whether or not burning embers will catch your house on fire matters a lot more than some notion of how 'big' the fire area is.

I don't know how much flammable material cars have but I've heard claims there's a lot of combustible plastic in the engine area. If that's true it might just be a crapshoot of whether burning debris lands on your car (or lands in an area where the fire can spread to flammable material in the car).

I think there's plenty to criticize the government for even in the official story:
Electricity monopoly leading to poor management of power lines
Water monopoly leading to denial of water for firefighting
Poor emergency response leading to failure to warn residents
Cops putting up road blocks to stop people from fleeing

I'm inclined to think DEW is to pull attention away from the admitted and obvious failures.


My point in posting the article that modern anarcho-capitalism traces back not only to classical liberals but also to individualist anarchists. While Rothbard ultimately rejects the label, it is not because it's completely inappropriate, but because it has a negative connotation.

The rejection is an issue of practicality rather than accuracy.

Moreover, the conclusion that full capitalism requires anarchism is not new with Rothbard, but dates back at least to 1849.

https://mises.org/library/production-security-0


Maybe locally, depending on the individuals

Federally - no chance


Also Rothbard:

"Capitalism is the fullest expression of anarchism, and anarchism is the fullest expression of capitalism. Not only are they compatible, but you can't really have one without the other. True anarchism will be capitalism, and true capitalism will be anarchism"


He hasn't got one ounce of the stuff


There are individualist anarchists like Tucker & Spooner, although they were as radically pro-market as Rothbard

Anarchist just means "without rulers", which entails no one is entitled to disrupt the voluntary market action of others


"I saw my math teacher on a porn site"


My taste buds aren't run through


I don't actually, but if I wanted to I could, while I can't un-salt salted butter


And yet the global oil and grain trade continues


Do you not have salt?

I always use unsalted butter, whether I'm cooking meats with it or eating it straight


It's me

I was raised Protestant salvationist, went Objectivist atheist, now realist-pantheist, but all the while retained cultural sympathy for salvationists (pro-just-laws, anti-infanticide, pro-objective-truth, pro-family, etc)

I think there are a few things happening

One is salvationists vs universalists
Salvationists believe the individual needs to attune himself to God (or Nature), universalists thinks everyone is saved and the individual has license to attune the world to himself
Universalists are nominally Christian but almost culturally unrecognizable, while salvationist Protestants, traditional Catholics, Orthodox and even Mormons seem to have a great degree of shared culture.

Another possibility is conversion prior to conversion. The individual joins the leftist cult (either Marxist in particular or the broader category of Hegelian). Eventually they see that Christianity is not compatible with their new faith and leave it.

Finally I think there is deconversion prior to conversion. The individual is convinced by "secular" forces (largely post-theist Universalists like the New Atheists) to abandon their religion, and having done so seeks some other worldview to make sense of things. The dominant options in our society are Christian traditionalism and the leftist cult. Having quit one, they try the other.

I was fortunate in that I joined the stridently pro-individual-reason Randian cult, and like many adherents (though sadly not all) deprogrammed myself of the Randian components that are most cultish (eg worship of Rand & uncritical acceptance of her ideas). I think this is one of the better cults to fall into. While those who remain in the most orthodox sect tend to be virulently anti-religion there seems to be quite a castoff of people who either remained religious while embracing elements of Randianism or who partially deconverted and are culturally sympathetic to traditional social structures. Of course, there are also Randians who by virtue of Rand's focus on self-pleasure become very libertine and essentially leftist.


For those wanting to play fiat games ARCH and AMR may be worth consideration, both low P/E


https://www.theamericanconservative.com/argentina-milei-and-the-international-new-right/

"In practice, what we can call the “New Right” is an effort to articulate three sectors that in principle would seem incompatible, but that in the framework of the 21st century are becoming more and more compatible. These three sectors are libertarians, conservatives, and sovereigntists or patriots.
...
When these three forces exist, dialogue, and reach an agreement, what we call the New Right appears."


FDR Knew & Practically Invited Pearl Harbor

https://www.lewrockwell.com/2023/09/lew-rockwell/why-we-need-to-understand-what-happened-at-pearl-harbor/


Funny how "we" knew within a day who did it


But the other side of the trade has those same risks, how come the exact same risks can be overcome for oil but not metal disks?


Without the government who would have turn Iraq from a secular dictatorship to a pro-Iran theocracy?


"We were told the World Trade Center was going to collapse"

NYC Mayor Rudy Giuliani, morning of September 11 2001
Starts at 1:50
https://youtu.be/6vCg8Fp8aw8?si=pPjdVqT5VCv6azTQ


Finally

nostr:nevent1qqsr4psqlnf5y6cmpcus94wa8xqusqc89qaksfrg7sgpvephgx9f3vqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpqt3frpkjq24gqd5j3vqsu0mq4j2t740h9z5syl0990jwp4ujv6eqvzqqqqqqy0pr3gn


If you liked "The Science"
You'll love "Our Democracy"


Violent crime - the rope
Property crimes - the lash
All else - a laugh


I can transfer claims on gold digitally, just as we transfer claims on oil digitally


History is messy. I think people discovery the regime history - in which "our" opponents were pure evil cartoon villains - is ridiculous and unsupported. Then the temptation becomes to reverse the framing, to say maybe the cartoon villain was a cartoon hero.

Villain X was probably not pure evil. Villain X probably had motivations that made sense to him & were even intelligible to others at the time.

That said it's also entirely possible that Villain X did bad things despite being human. I find the reversal into heroism often misleading, and the challenge is to break out of the regime framing entirely.


And the actual woman is gold


"Complete sovereignty at the individual level is nearly impossible today due to the interconnectedness of our economy and society. This is due to the specialization of tasks: individuals are more productive when we focus on doing one specific thing very well. As a result, we outsource many aspects of our lives to third party specialists who are very good at providing specific goods and services.

Even if you're a "mountain main" who lives in the middle of nowhere and is mostly independent, it's unlikely that you're living a primitive lifestyle. Most of those folks are still reliant on supply chains to occasionally provide them with raw materials and higher technology items they can't create from scratch. Their "islands" of humanity still have frail bridges to society."

This is no bar to sovereignty. Sovereignty does not mean isolation and self-sufficiency, it means I am not compelled to recognize some other human(s) as having authority to compel me.

Do you imagine USA (which imports many goods) is not sovereign, but North Korea is? The regime media has been making a lot of noise lately about USA dependence on Taiwanese technology. Does this imply they hold authority over USA? But doesn't Taiwan depend on USA also?


Sovereignty != self-sufficiency


If we have reliable security & dispute arbitration to send oil, grain & manufactured goods around the world, it follows that we have reliable security & dispute arbitration to send precious metal disks around the world.

Or does precious metal somehow uniquely corrupt authority figures?


So as someone who read both I guess this is why I have no friends


She must have been North African before


God is reality
It is what it is


Ironically white American flashing peace sign / Brits flashing V for victory probably gives us a completely accurate RPS trio


Lol


Will Bitcoin be part of a financial system that allows us to send oil, grain and manufactured goods around the world with confidence?


A good comment from the Unz peanut gallery:

Solid piece. One of Anglin’s best.

   " There is no point in attempting to argue that you are not an “anti-Semite,” and there is no way to oppose the Jewish agenda while also attempting to avoid that label. "

Disagree.

Admitting you’re an anti-Semite is to play into their hands. At the same time, wasting energy trying to prove you’re NOT an anti-Semite is a fool’s errand.

Jews can think whatever they want, but they’ll never speak for me. Brush off their label like a bug on your sleeve and stay strong. Almost everything they call “anti-Semitic” can be proven by facts. If they don’t want to hear them, they’ve already lost the argument.

Love that truth as you would your own child and you’ll never be fazed by them.


Somehow this is more reasonable and less hateful than anything coming out of regime media:

https://www.unz.com/aanglin/jewish-censorship-is-the-leading-cause-of-anti-semitism/


You can't have a right to be given goods and services because a) who exactly is obliged to give them to you? And b) what if there's not enough to go around?

Instead rights are rules of stable social conduct - the conditions of civic peace rather than interpersonal war


Wow, that gold standard sure is incredible

I hope when fiat collapses and people rush back to tangible things it doesn't take too long for gold-based financial networks to be rebuilt

nostr:nevent1qqsv8ntnwj8qn0nysnntkwg3aea7tgg2vu3j45vx9yrcxg52q6n5plgpzpmhxue69uhkummnw3ezuamfdejsygqnsqehcx6u5q0337ew005r8xgasu35sn97rdktsfx2dwaz6a7l8cpsgqqqqqqsvk9e60


Also putting the steak into a cold pain, truly barbaric

But yeah this video is my favorite red pill on seed oils, especially combined with how it's made for olive oil (where they basically just squish olives)


I'm sure s/he got plenty of Vitamin D from the tropical sun on the fjords


If the British had ruled Rhodesia for another 50 years, would the blacks then be fit to govern each other?


Jet fuel can't melt steel beams
So what did?

https://youtu.be/fs_ogSbQFbM?si=JEjxj7mqPS5Puqsx


https://youtu.be/aOmlyDrltBQ?si=4koAaQ2teOVkEA3i

Which I believe is from the pilot who took the Southwesterly flight in part 1

Some segments (eg from 43 seconds or 65 seconds) show strong apparent upward movement of the stars within the viewing area.

Perhaps this can be explained purely by an Easterly facing, but even so it would refute the claim in the part 2 video that no apparent upward movement of stars is seen within the viewing area.

It also appears (from relative movement of the clouds in some of the shots) that the pilot doesn't fix the camera directly forward in the windscreen (which would maximize apparent upward movement) but instead points the camera at whatever he thinks is visually interesting


Heading is pretty northerly, and he picks a star to focus on which is on the far left of the image (which should drop, per the star "movement" patterns he cites in the video)

Looking instead at the big cluster of stars in the middle, I see very obvious rotation, but it also looks to me like the whole mass is rising


Probably whiteness

But actually Lord, from old English loaf-ward, he who guards your bread is your master
(So guard your own bread, freeman)


Did man create Bitcoin?
Or merely a record of it?


It's not too bad on a carnivore diet, although you do need to watch out for jerky, sausages, lunch meat, etc


How so?


*currency transmission, not money transmission


God is reality


There's a metaphor from Yarvin/Moldbug that I like for this.

The political predators are lions, and people who want to fight them and take over are would-be lions.

Yarvin wants to be a water buffalo. He doesn't want to fight the lions. He doesn't want anything to do with the lions.

I think this is basically the right attitude - although perhaps we can be porcupines (poky) or elephants (too damn big) or something else that is not appetizing prey for lions.


I was raised as a Christian (mainline non-universalist Protestant). I believe there is a stable order to the world and I am only a small figure in a much bigger picture.

But, I cannot believe a Jewish space wizard created the world and then incarnated himself as his own son/but still him (?) who is now a zombie and rules over the world from his home in outer space.

So culturally I want to go to church but I have no desire to worship the Jewish space wizard or pray to him. And I am extremely reluctant to falsify these things to secure a mate. Ironically, my Judeo-Christian influence manifests as an aspergic obsession with truth which in turn prevents me from attending church.

Perhaps I should suck it up and go to some sort of post-theist church (eg universalist).
My perception is that these are quite leftist and I am unlikely to find it a good cultural fit, but I did attempt to attend a Baptist congregation awhile back and it couldn't be worse than that.


If you're going to waste your life on an old video game at least make it StarCraft


Burgers should be small and numerous


Lincoln was the first biggest move away from rule of law

FDR cowed the Court and basically completed the transition away from the written Constitution


I sure hope all the murderous criminals comply


If you want to play fiat games & win fiat prizes may I recommend you look at RINF?

TIPS breakevens (ie inflation expectations) are only ~2.3%, so if CPI "outperforms" (or at least expectations do), RINF should pay off nicely

RINF shorts regular US Treasuries and goes long US Treasury Inflation-Protected Securities (TIPS)

When inflation expectations go up people are willing to pay a higher premium for TIPS over normal Treasuries, and RINF increases in value

So the question is: can they really rig the CPI hard enough to keep inflation to 2.3% ?

In any case, be sure to get out before the fiat casino burns down completely.


When I was a kid the hotness was peanut butter & cheetos


Is that a US presidential dollar coin (issued 2007 to 2014)?
It looks like the Lincoln dollar

We hardly ever see dollar coins here in the US. Are they widely available there?

Presidential dollars and Sacajawea dollars were frequently described as "gold" or "golden" here but they're just brass (metal value about 6.4c)

If you're open to saving metal disks, actual gold & silver are attractive, but I think the US nickel is also worth considering. Metal value is already over 5c and as a solid alloy (unlike pennies, quarters and dimes) it should have much better barter-ability than token coinage (for example because they can be weighed to give an accurate estimate of value regardless of wear)


https://www.constituteproject.org/constitution/Liechtenstein_2011?lang=en

"Individual communes have the right to secede from the State. A decision to initiate the secession procedure shall be taken by a majority of the citizens residing there who are entitled to vote."


"stay" (one step at a time)

I don't think BRICS is a transnational superstate a la USSR, EU, or even USA.
It seems to me more a trade union.

That said if it becomes a superstate I would prefer to be independent of it.


No fault divorce tempts


As a Texan I'd gladly join BRICS although hopefully we can delay that until after the Ruskies drain the swamp for us


Indeed.

This is the solution proposed by HSH Hans-Adam II of Liechtenstein to the crisis of democratic legitimation in his book, the State in the Third Millennium.

The State must become a peaceful provider of security services, whose legitimacy stems from actual consent rather than hypothetical consent.

Hans-Adam pushed through constitutional reforms which guaranteed the right of individual towns to secede from the State.


Also a good metaphor because you left the mainstream cult just to join an offshoot of the mainstream cult


https://energytalkingpoints.com/wind-cheap/

LCOE is a bogus metric, doesn't actually measure all of the costs imposed by use of the technology


Yeah but my ancestors didn't evolve hunting anise


Of course


Elegant drug habit


I feel like I'm talking to a lesbian but I can't help but think you just haven't met the right meat


No

https://www.smartwool.com/discover/what-is-merino-wool.html


How...

Do you like sushis?


Hmm, tiny PCB, little logic chip
Idk


Cheese looks good. Feta?

But where's the beef?


Weird Roomba but OK


fractional reserve is fraudulent
fiat is a psyop


Fiat
Taxation
Seed oils
Dental / medical checkups
Eyeglasses
American Medical Association
American Bar Association
Universities


Has crime gotten to be more or less of a problem as that "evolution" has occurred?


Abolish prison

Violent crime - the rope
Property crime - the lash
All else - a laugh


Gold ad


14

The other equations are wrong


Basic principles: get your knights, bishops, rooks and queen active (controlling important squares given what's happening and/or having lots of squares they could go to) & your king safe; get your fair share of the center

Pay attention to tactics, most games are lost by tactical mistakes. You can train with puzzles on chess dot com and lichess

Finally train endgames, Silman's endgame course is a decent source that can be found free online. There's also a good Smyslov endgame book.


Maybe you're a replicant


I don't know what liquid is

But doesn't USDt trade roughly at par?
So I could take a bunch of USDt and immediately roll it into whatever asset I wanted?

In which case, it seems the risk of such a transaction is quite low


What element of my assessment do you disagree with?

Do you think Sanders and Cortez can fund these programs without expropriation? Do you think individual rights do not apply in the economic sphere? Do you think exporioriation is consistent with private property and individual rights?


I agree that's the proper definition of liberal.

But aren't Sanders and Cortez deeply illiberal in that sense? They seem to oppose private property and equality before the law.

Cortez campaigns on a number of handouts
https://www.ocasiocortez.com/issues
Medicare for all, housing for all, education for all, benefits for criminals, benefits for foreigners, benefits for Puerto Rico.

How are these benefits to be provided except by taking private property? And of course to give only to specific groups you must take from some other specific groups, so there is no equality before the law.

Sanders also has a laundry list of handouts
https://berniesanders.com/issues/

He wants to legalize pot, which is liberal. But he wants to restrict gun ownership and sales, control various prices (especially in financial services), dictate choice of energy source, "give workers an ownership stake in the companies they work for" and so on.

It seems to me this is also illiberal.

I think historically progressivism has been a code word for communism (perhaps Fabian communism) and has been consistently opposed to individual liberty (especially in the economic realm), private property, and equality before the law.


Is discoverability a strength now?


Only error is Aussie text should be upside down


This makes me glad to use Firefox for 99% of my web usage


What do you mean by liberal progressive?


What is a bitcoin?


That's a very liberal position but a very un-left-"liberal" position.

Most of the liberals were converted to progressives, and most of the would-be conservatives are conserving a progressive near-totalitarian edifice rather than the liberal tradition.

But that wide support is more and more shallow. I think very little of the fanaticism of the left or right is now motivated by a positive vision rather than fear of the opposing side.


F16s can't go door to door searching for memers


1) Vaclav Havel & Etienne de la Boetie
The regime requires our approval and support.

"I do not ask you to lay hands on the tyrant to topple him over, but withdraw your support and you will behold him - like a great Colossus whose pedestal has been pulled away - fall of his own weight and break into pieces"
Etienne de la Boetie

2)A

"What would things been like [in Russia] if during periods of mass arrests people had not simply sat there, paling with terror at every bang on the downstairs door and at every step on the staircase, but understood they had nothing to lose and had boldly set up in the downstairs hall an ambush of half a dozen people?"
Aleksandr Solzhenitsyn


I earn a wage but am no slave (well, except perhaps to the state)


It's Pinocchio for women

Reject Pleasure Island/Barbieland's juvenile conception of life's pleasures, embrace real responsibility

In so doing, a doll becomes human


Sell 💵 for 🪙


"Enriched Flour (Wheat Flour, Niacin, Reduced Iron, Thiamine Mononitrate, Riboflavin, Folic Acid), Water, Soybean Oil, Contains 2% or Less of The Following: Sugar, Salt, Dough Conditioners (Sodium Stearoyl Lactylate, Enzyme with Wheat Starch, Ascorbic Acid, L-Cysteine Monohydrochloride), Yeast, Whey, Maltodextrin, Dextrose, Corn Meal (used in preparation) "

(Domino's Brooklyn crust ingredients)


Americans (and Australians) distorted drinking culture is at least partly the result of prohibition

In the US prior to the Prohibition period, most beers & ciders were very low alcohol, something like 2% by volume. The point wasn't to get drunk, but to disinfect a water source. These drinks could be consumed throughout the day without serious intoxication.

During the Prohibition era, Americans turned to much more alcoholic drinks, including liquors. It made little sense to smuggle 2% alcohol rather than moonshine or whisky, which could be diluted on arrival. The US became the world's largest importer of cocktail shakers despite the illegality of liquor.

Similarly, restrictions in Australia on bar hours promoted a culture of heavy, rapid drinking. Binge drinking remains a major health problem on the continent today.

After the American Prohibition period ended, beers declined somewhat in potency, but not to pre-ban levels. Most light drinks now seem to cluster in the 4% to 6% range.


Happy Independence Day!

The colonial revolt continues in USA as well. We need to separate ourselves from the English & globalist banks, world government, and their infiltration of our civilization.

The Global American Empire is rapidly losing the support of the US people


Imagine a world which has fully embraced Bitcoin.

Everyone in the world uses Bitcoins as their "money". Some people self-custody, some people have their Bitcoins in a custodial arrangement (eg Wallet of Satoshi).

International commodity markets price goods in bitcoins. Crude oil is a few thousand satoshis per barrel.

Stock markets are priced in bitcoins. Contracts are written in bitcoins. Mortgage loans are made in bitcoins.

All of this contractual activity and remote exchange requires not just a trustworthy money, but also reliable security, dispute resolution, and enforcement. But if that reliable courtly authority is available - why would we use bitcoins rather than gold? Or any other commodity? Say, palladium.

Why do you assume I could successfully enforce a contractual claim on oil, or stock equity, or even Bitcoin itself, but I could not enforce a contractual claim on metal disks?

This is my point.

Bitcoins are supposedly a trustless currency, but to do anything worthwhile - even in the presence of trustless currency - still requires trust.


I think it's going to simply collapse before we get into real conflict


I don't think they were all in the cabal

But most supported corrupt authorities rather than dissent or depart


My impression is that the Free State Project is more libertine/lolbert/left-libertarian than right/Austro-libertarian/ancap

Which is unfortunate, but perhaps over time trial and error will produce something great


No replications

Most likely diamagnetic conductor but not superconductor


Yes, also natural urbanization over time.

A measuring station that used to be on the outskirts after decades of growth is well within the concrete/asphalt "heat island".


Simple hack: buy food, not food products


I think we need to encourage a concentric model of concern based on genetic self-interest.

My chief concern is my immediate family, especially myself and my children. Next and somewhat lower priority is my extended family or tribe. Next & lower is nation. Next race. Next species. Next genus. And so on. The consequence of this is profoundly pro-social and cooperative, as argued persuasively by Dawkins in The Selfish Gene (but ignore his pleas for post-theist Christian/leftist ethics).

There are two opposite but related perversions of this natural order which have similar psychological effects.

One perversion is to cut out the heart, to insist that the self, or the family, or the nation or the race (etc) is not a valid object of concern, protection and compassion. This is the Judeo-Christian approach, the leftist approach, and the environmentalist approach, among others. The consequence is that the individual fails to exercise compassion for those with whom he interacts, and becomes ultimately interested in stimulating his own feeling of self-righteousness. Yarvin discusses this brilliantly in his effective altruism pieces.
https://youtu.be/PMhHQu8rosg?si=6H5yTyBPMByNxw48

Ultimately the world becomes divided into blind enemies and fellow travelers, and the individual becomes puritanical and severe.

The opposite perversion is to insist that only the apex of the pyramid is real, that it isn't a floating abstraction to care only for the self, only for one's own mind, and only for pleasure. This is the stance of Objectivists and drug-abusing hippies. Again, there is no warmth for those with whom one actually interacts and you become puritanical and severe. This is quite apparent in Ayn Rand and her disciples such as Yaron Brook. Again the world is divided into enemies and ideological allies.

We can decry the antiwhitism of the modern West, but we cannot overcome it by elevating race over family & tribe, as that undercuts the basis for valuing one's own race in the first place. The leftist or Abrahamite will simply push the underlying ethic further, to "one human race". Instead we should capitalize on the innate human love of family to naturally support the extension of compassion - to a diminished degree - to extended familial & social structures.


Take away the "money" printer

Sell 💵 for hard money (preferably 🪙 but Internet points are at least not fiat)


I think this explains the ADL quite well (without being hateful):

https://www.bitchute.com/video/5zrQEZsPnZKg/


I'm increasingly suspicious of regime Jews (despite being fractionally Ashkenazi myself)

I found this insightful & without malice:
https://www.bitchute.com/video/5zrQEZsPnZKg/


Embed failed, womp womp

https://www.bitchute.com/video/5zrQEZsPnZKg/


Let's see if this embeds

I find it enlightening and hard to call anything here "hateful", although it's certainly critical of a special class

<iframe width="640" height="360" scrolling="no" frameborder="0" style="border: none;" src="https://www.bitchute.com/embed/5zrQEZsPnZKg/"></iframe>


I *think* it's fake

But they do consider 17% of numbers under 100 to be hate symbols so who knows


How noble.


By "the media" do you mean regime media?

I think our access to real media is dramatically better than it used to be

My goal is not to reform or even assault the regime, but to render it obsolete and impotent