The price of the Lamborghini is a reflection of the level of debt the company is in. Lamborghini could produce in China and bring the price down to 200,000$ a car.
Hey, I’m not here to argue, Living poorer is in no way escaping poverty. But the money I don’t spend on my living expenses is the money I do spend on bitcoin. I do remember a time where I was paying rent and buying food on 12 dollars an hour, And doing nothing else.
Was out an about today and had a strange thought. What if the government just gave you all the money you need to spend on anything digitally. You could buy as much food as you want, You could buy any car any possible thing you could legitimately spend money on. It would hurt your social credit score for wasting or upsetting society, But there was no limit, Except that you have to pay so the government goes on into perpetuity. How gross that would be. I think UBI will start with a small limit, But eventually there will be no reason to keep people from spending more and more when there is no challenge to government power. People have no thoughts just vacantly walking around spending money like cattle in a giant pasture of the economy. All monotonous low level employment is automated. Everyone wearing apple vision pro or meta quest goggles ignoring each other. All criminals are arrested by robots. Just mindless obese consumers creating economic activity for the computers to design products around.
I almost think it will be the byproduct of bitcoinization. People can have endless fiat if the government and select individuals have totally sound money. Just request money from the Fed and spend. No concept of reality.
Was out an about today and had a strange thought. What if the government just gave you all the money you need to spend on anything digitally. You could buy as much food as you want, You could buy any car any possible thing you could legitimately spend money on. It would hurt your social credit score for wasting or upsetting society, But there was no limit, Except that you have to pay so the government goes on into perpetuity. How gross that would be. I think UBI will start with a small limit, But eventually there will be no reason to keep people from spending more and more when there is no challenge to government power. People have no thoughts just vacantly walking around spending money like cattle in a giant pasture of the economy. All monotonous low level employment is automated. Everyone wearing apple vision pro or meta quest goggles ignoring each other. All criminals are arrested by robots. Just mindless obese consumers creating economic activity for the computers to design products around.
Create systemic racism by segregating people into heterogeneous groups so they ignore their cultural background and are easier to assign in the workplace while working for starvation wages.-Andrew Carnegie
Meh. Just ahead of your time. Ever think about making DMT? Just need naptha and mimosa hostilis root bark, All available on the clearweb. It is decriminalized now, It’s not really a big deal. Just like opening a dispensary after legalization of marijuana. Just don’t use the business to launder other peoples dirty money and you have nothing to worry about. I don’t want to pay for advertising on google because it is a business loss. If you assets don’t outweigh your liabilities you are actually loosing money by doing business.
The extraction I saw included a drying process in a Pyrex dish that allows crystallization so the naptha evaporates.
I was given a gram of synthetic DMT from a friend coming back from the burn once. Had many beautiful experiences breaking through. When you use it enough to become familiar with the sensation it is not so overwhelming and you can remain aware throughout the experience, This is the best way. I remember being in the woods with some friends in Tahoe and looking at the geometric pattern of how the pine needles stack on top of each other to make a cushion on the forest floor, And the mountains went all oil painting. Surreal.
I want to believe there is a way to end poverty for everyone in some stroke of humanity, Some great show of compassion that the world unites around, And somehow we defeat the protected class.
The more I take this idea and see it in my everyday life through the lense of Bitcoin, The more I realize the wealth and inequality gap is filled by, And only crossed by access to bitcoin, And knowledge about the network.
Most people come to bitcoin not because of some inherent intelligence they are born with, Not some genius moment of inspiration, Not by their own intellect. People come to bitcoin begging and pleading for their suffering to end, In some desperate search for meaning when they have realized everything they have tried has chewed them up and spit them out. When every vector of upward social mobility has rejected them and they have nothing left.
Taylor Swift is not buying bitcoin, Taylor Swift is happy in her delusion, And the protected class is happy to keep her there. The people who have the means to fulfill their desire will continue to prove indifferent to the people who need help most, And Bitcoiners can only change the world, Use case by use case. Bitcoin trains you to enter the world of global financial resources with an independent mindset, Where you only need a computer and a pass phrase to access your money once every ten minutes and after six confirmations.
Bitcoin proves the way to change the world is to change yourself. But that is insular to the people who never had the chance to develop wasteful habits with inflationary currencies. People who can not understand currency devaluation can not understand the need for personal sovereignty. Some people do still live quite happily on the resources provided to them by nature.
Sounds like they side with Trump because the whole system is based on fraud and debt anyway. Fuck Donald Trump, There is no way everyone has an equal opportunity to become white collar criminals and he is basically the reason New York is for patriotic upper middle class yuppie assholes to feel cultured and interesting, And the corporate private equity class to hide from ordinary people. If you have any self respect as a bitcoiner you know these people don’t care about you or you would just be rolling over your debt like the rest of the boomers. Donald Trump is exactly the problem bitcoin solves.
Hot take: AI, Like a dog, Has no concept of time, Or human suffering. So AI is at this point like a talkative dog that knows a lot about a lot of things but has no way to apply that knowledge to real life situations. Good dog.
I think this is almost true, But spending bitcoin vs spending dollars is the trade off. Bitcoin tether pair creates a hyper capitalist loop of compounding profits. So ideally you never spend the bitcoin, And custody is the only cost o doing business. You still earn and spend dollars to survive but the lions share of your profits and portfolio are bitcoin tether trades. Your life still gets expensive against inflation, Because living expenses are priced in dollars. The moment you start living on your bitcoin is the moment you start slipping back into inflation induced poverty.
I thought somehow Bitcoiners would be super liberal like people that I met in clubs traveling, Turns out they are hyper capitalist and far more competitive than corporate boot lickers. Cutthroat like criminals but intelligent like government workers. If your problem is that you are not rich bitcoin definitely does not make it easier to feel rich. You feel like you need to live as cheap as possible to preserve capital but think as efficiently as possible to grow capital. I wish conferences could last more than two days but it seems like people get what they are after in about that much time.
Ah my. You should see how it looks stateside. Your average shadowy supercoder usually doesn’t qualify for the 5 billion dollar loan to start a new mining corporation.
Hot take: The cybertruck is a giant tech bro hunk of shit. The word for when a piece of poop is so long it pokes out of the water in the toilet is: A benson. The cybertruck is a benson.
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