I'm at 12%, 140 of 1172.
Just started reading it again after returning from my cruise.
I definitely identify with some of the Characters like Henry Reardon and Francisco d'Anconia 😂
I realised that with NIP-05 verified against your own domain, then NOSTR gives you:
Not your keys, not your identity
And NOSTR has the power to separate state from identity.
My email, identity and bank account (Lightning) are all:
mike@mikehardcastle.com
I’m all giddy 🤣
Bay Lake used to have the weirdest light show, I found this video from Wilderness lodge, we used to watch this most nights from our room at the Contemporary 🤣
https://www.youtube.com/watch?v=_QshhJo5vew
Ish, I've done the Star Tours and seen Storm Troopers in Disney Studios, but I haven't been since they opened Galaxy's Edge.
Thanks for the photos, interesting to see.
Books?
Yes, they are legal, except for the book Fahrenheit 451 😂
Bitcoin books are especially to be encouraged. I leave copies of my book in public places. I left 2 on the cruise ships library I was on recently.
https://en.wikipedia.org/wiki/Fahrenheit_451
In the traditional fiat system, vesting, notes, bonds and rights issues are all financial instruments that allow debt to be used as an asset.
I'm not certain how I feel about the financial experts applying their shittery to Bitcoin. On the one hand, Bitcoin should be strong enough to cope with it, on the other, there is a real chance that Saylor and Trump and others could turn Bitcoin into a shitcoin.
I suspect these will be incredibly successful strategies that will work until they don't, just as mortgage backed securities were incredibly successful until 2007.
I hope that when they fail they won't take Bitcoin down with them. We shall see.
Let's reign in the timescale a little.
All technologies become obsolete and get replaced. Bitcoin is a technology.
Aside from that obsolesce time scale, if ladening Bitcoin with an indebted fiat system doesn't break it, it should last for decades.
If we try to place the weight of the failing fiat systems on it, it may fail within a few years.
I don't think it will and I hope it doesn't.
Bitcoin WAS unaware of the fiat system in the early days.
As it grows to represent a store of wealth and currency in the real world this fades.
That hasn't been the case for several years and Bitcoin will only become more closely aligned to the real world as it evolves.
As I have been summoned and in the spirit of self promotion, an excerpt from my book:
Page 86:
However in the longer term, it is likely to create a truly sustainable economy that reduces excess spending and thus excess production of goods and services. While this will have a negative impact on the ultra wealthy, it could narrow the gap between rich and poor and democratise money in the same way the Internet democratised information.
Oddbean new post about login | logout
Notes by mike | export