”If the wealthy and powerful can use their wealth to buy Bitcoin, won’t they end up controlling this new system just like they dominate the current one?”

#soundmoney #bitcoin #inflation #nostr #grownostr #fiat #btc

https://medium.com/@penglunds/opting-in-how-bitcoin-appeals-to-the-old-systems-deepest-flaw-to-peacefully-transform-it-910cd1b4ed62

https://m.primal.net/Lioa.jpg


“Imagine a world where people collectively decide not to fund wars—not through tireless protest or legislation—but by peacefully opting into an economic system that makes it not only impossible but irrational to do so.”

#theimpossibletrinity #theimpossibletrilemma #fiat #fiateconomy #soundmoney #bitcoin #btc #nostr #grownostr #war #conflict #environment #decentralization

https://medium.com/@penglunds/island-economics-why-exploitation-perpetual-wars-are-rational-under-fiat-28543ce82a23

https://m.primal.net/Ljzx.jpg


Exactly right!🗽


That’s right! ✊


Check out my latest article about why both the left and right are wrong & why it doesn’t matter! 📚🌏

We desperately need decentralisation which is why I’m so grateful for #Nostr!

https://medium.com/@penglunds/why-the-left-and-the-right-are-both-wrong-why-it-does-not-matter-531e27b63539

#SoundMoney #Decentralisation #Inflation #Bitcoin #BTC #Satoshi #Politics #Environment
https://m.primal.net/KKcU.jpg


Alright, everyone, buckle up — it’s time to explain inflation in a way that actually makes sense: by imagining you’re stranded on an island!🏝

Share this with anyone that needs a better understanding of why sound money / Bitcoin is the way! 🌏

https://medium.com/@penglunds/why-being-stranded-on-an-island-explains-everything-you-need-to-know-about-inflation-b08e51ae1058

#gametheory #infinitegame #finitegame #inflation #deflation #soundmoney #FIAT #bitcoin #btc
https://m.primal.net/KfTF.jpg


“We have a situation today where we’re all running around like headless chickens trying to inject sustainability back into the system, while every economist from the South to the North Pole with an actual say cheers for us to burn through every last resource, as if that somehow was the secret to achieving it.

It’s an absurdity so profound, it completely lacks comparison.”

#soundmoney #bitcoin #nostr #grownostr #inflation #deflation #gold #fiat #fiatsystem

https://medium.com/@penglunds/from-harmony-to-greed-humanitys-fall-and-potential-return-to-sustainability-ccb8edb16ce1
https://m.primal.net/Kpol.jpg


”The question you have to ask yourself at the end of all this is: Are these values — this incorruptible system that offers a paradigm shift by inherently incentivising sustainability — worth protecting?

If you care at all about the environment, the answer isn’t just a modest “yes” — it should also include an acknowledgment that nothing has probably been more worthy of protection than this, which means no use of energy has ever been more justified.”

https://medium.com/@penglunds/if-you-care-at-all-about-the-environment-you-must-support-bitcoin-01eaf08233c6

#environment #bitcoin #mining #bitcoinmining #climatechange #nostr #sustainability #nature #virungapark https://image.nostr.build/9ad0b5e52ca9b782d80fd5ccff3bfed861c8eb7bf3be36206707b38b08d07371.jpg


Ok. Sent you PM


Trey- would be great to see you on pod save or other crooked media pod. Have you made approached them?


“In All Along the Watchtower, by Bob Dylan, the joker and the thief ride against the establishment.

This time, they’re not alone.”

Read & share my latest piece on why Bitcoin is a Trojan Horse for Peace! ☮🌏🌎🌍🙏

https://medium.com/@penglunds/satoshis-gift-to-the-world-a-trojan-horse-for-peace-199402d548d8

#bitcoin #btc #soundmoney #fiat #satoshi #immaculateconception #art #nostr #growstr #grownostr #inflation #freespeech
https://m.primal.net/KwyG.jpg


Working on some comics for my upcoming book. Let’s see if anything sticks. This one’s for the chapter on why inflation is not CPI. 📚🧐

#comics #bitcoin #Inflation #CPI #anime #deflation #soundmoney #consumerpriceindex #nostr #btc #art #artwork
https://m.primal.net/KQgk.jpg


A year ago, I reached a point of frustration with the prevailing narratives that dominated discussions on the world economy. None of the voices out there, despite containing varying degrees of truth, spoke to me convincingly enough. This led me to embark on a journey to understand the it from first principles.

Today, I briefly share my conclusions!🌎🌱

Hint: May have to do with #SoundMoney and #Bitcoin

If you like it, please feel free to share!🙏🌏 I truly believe the mission ahead is to tell the story of the new world we’re imagining! Nostr and Bitcoin is the way!

#AlwaysNostrFirst #Nostr #Inflation #fiatmoney #fiat #btc #freethought #worldeconomy #article #story #nature #austrianeconomics #money

https://medium.com/@penglunds/this-changes-everything-ten-principles-to-understand-the-world-economy-663dc4439f40

https://m.primal.net/KcAV.jpg


”The end result is that, instead of us shaping the algorithms, the feedback loop becomes corrupted, and we, in turn, are shaped by them.

We become programmed.”

Read the article I wrote, inspired by nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m's note that free speech is a distraction cause free thought & will is at stake.

https://medium.com/@penglunds/its-not-about-free-speech-free-thought-is-at-stake-342ec7dd5a81

#freethought #freespeech #freewill #nostr #grownostr #decentralization #algorithms #socialmedia #jackdorsey #bitcoin #btc
https://m.primal.net/KmPN.jpg


I’ve now watched the episode again. Seems the main difference between the two is that Saylor doesn’t agree nominal rates will ever fall below zero–which is a good point. Don’t see how it can, as no one would introduce risk without the possibility for higher returns.


nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak

Just watched the pod with Michael. As far as I’m concerned, you are on the same page about borrowing, but Michael doesn’t seem to get your point.

If I’m not mistaken, you’re just pointing out that it’s realistic that nominal interest rates will go to 0% under BTC, but that doesn't mean the real interest rate will be zero. Because BTC is deflationary, the real interest rate under 0% nominal rate will be whatever the deflation rate is. So let's say it's 3%, that means the borrowers will earn 3% a year by borrowing their money for 0% nominal interest rate.

Wasn’t that the point you were trying to make?


Just watches the episode. I'm not sure what Michael doesn't understand about Saifdean's point. As far as I’m concerned, I think they're on the same page. Saifdean is just saying it's realistic that nominal interest rates will go to 0%, but that doesn't mean the real interest rate will be zero. Because Btc is deflationary, the real interest rate under 0% nominal rate will be whatever the deflation is. So let's say it's 3%, that means the borrower will earn 3% a year by borrowing their money for 0% nominal interest rate.

Can someone help me understand why Michael gets so irritated about this point?


I’ve also been doing thought experiments with discount rates when valuing future cash flows. Anyone have any ideas about those?


Will watch! But what do you mean by no interest? BTC will likely be deflationary, so I figure the nominal rate might be close to zero or a couple of %, but real rate will be higher. Don’t you think? Not saying borrowing will be a good idea.


Hello from Stockholm—new to Nostr! 🌏🌍🌎

I’m a screenwriter who took a detour into economics after the industry strikes in 2023 set me on a path to explore a growing unease that something wasn’t right in the world I live in. My curiosity led me to dig into how things really work, moving from dabbling in investments to uncovering just how broken our economic system truly is.

The light bulb moment came when I realized that sound money provided me with a framework to begin articulating the answers to many of the questions I had been trying to express through my storytelling. It was one of the most powerful moments of my life.

Now, I’m all about pushing for a future where our economy and social interactions are grounded on solid, decentralised foundations. Excited to connect with others who feel the same! 💡🌱🌎

#Bitcoin #grownostr #growstr #btc #soundmoney #introduction #introductions #nostr #film


If money is information and it is manipulated, then “misinformation” is whatever those most empowered by the manipulation of money determine it is.

#Bitcoin
#Nostr


Good choice! Kudos!


Here is the correct link: https://medium.com/@penglunds/its-not-about-free-speech-free-thought-is-at-stake-342ec7dd5a81


Give them time, they’ll get it :)


Have them read my latest article and then you can talk:

https://medium.com/@penglunds/why-being-stranded-on-an-island-explains-everything-you-need-to-know-about-inflation-b08e51ae1058


Did you like the book? Just wrote about game theory and sound money on Medium. Check it out if you want!

https://medium.com/@penglunds/why-being-stranded-on-an-island-explains-everything-you-need-to-know-about-inflation-b08e51ae1058


Indeed! I just wrote about this on Medium! Check it out!

https://medium.com/@penglunds/why-being-stranded-on-an-island-explains-everything-you-need-to-know-about-inflation-b08e51ae1058


Check out my latest article about why both the left and right are wrong & why it doesn’t matter! 📚🌏

We desperately need decentralisation which is why I’m so grateful for #Nostr!

https://medium.com/@penglunds/why-the-left-and-the-right-are-both-wrong-why-it-does-not-matter-531e27b63539

#SoundMoney #Decentralisation #Inflation #Bitcoin #BTC #Satoshi #Politics #Environment
https://m.primal.net/KKcU.jpg


Thank you! Glad you liked it. 🌏


Alright, everyone, buckle up — it’s time to explain inflation in a way that actually makes sense: by imagining you’re stranded on an island!🏝

Share this with anyone that needs a better understanding of why sound money / Bitcoin is the way! 🌏

https://medium.com/@penglunds/why-being-stranded-on-an-island-explains-everything-you-need-to-know-about-inflation-b08e51ae1058

#gametheory #infinitegame #finitegame #inflation #deflation #soundmoney #FIAT #bitcoin #btc
https://m.primal.net/KfTF.jpg


In the follow up to this article (link in bottom), I touch on how most people - regardless of whether they consider themselves as believing in anything resembling the divine - live and act as if God exist. Might give a perspective - did for me once I understood it.

https://medium.com/@penglunds/why-being-stranded-on-an-island-explains-everything-you-need-to-know-about-inflation-b08e51ae1058


Btw - would love your thoughts on the medium article I just posted. I have many politically active friends here in Sweden from all sides–I’ve found that the intuitive analogies are the most effective to pitch #btc ! 🌏


I agree with everything you said. I also agree with the article in that btc has a skewed right-wing label to it, as it on a superficial level or at first glance may seem more appealing to someone on the ideological right. Ironically, I think those on center / left - even those pretty far out on the left - will be appealed even more by what it’s actually about when they understand it. Status quo conservatives - particularly those who’re the biggest beneficiaries of the the current system & who’ve picked their political side strictly based on convenience - I think may even retract some of their initial enthusiasm once they truly understand btc. Time will tell - but I’m completely with you on the point that left/right labeling is not very helpful. The “progressive” part of the label I think just helps sweeten the saltier taste of bitcoin at first glance for those still viewing the world with fiat eyes - which is why I believe that name is effective.  /P


Hmm… I think you’re filling a void with that name, not so sure it’s strategic to change it. 🤔 It catches the attention of centrists/leftist which I believe is really missing (as explained in the article).


👆👆 The perspectives you all provide through your various engagements are tremendously valuable!


Also nostr:npub1fpcd25q2zg09rp65fglxuhp0acws5qlphpg88un7mdcskygdvgyqfv4sld !


Thank you nostr:npub164q45vfa8prpl7f63stsl9qm9n22v6julkasjdqxjc8kevchsj0sp42rl3 nostr:npub1dc84762hpnp0y4jcvjcgwt8l7sepng93j3hg63hfm80ph6kt82eqktjwqd nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m  nostr:npub1dtvscxrhj224un2yeqvca5y4tp8ly02u2ndpeggzl4xf63c5c6ws53wc6t nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u  nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx and many more for contributing with your perspectives!


A year ago, I reached a point of frustration with the prevailing narratives that dominated discussions on the world economy. None of the voices out there, despite containing varying degrees of truth, spoke to me convincingly enough. This led me to embark on a journey to understand the it from first principles.

Today, I briefly share my conclusions!🌎🌱

Hint: May have to do with #SoundMoney and #Bitcoin

If you like it, please feel free to share!🙏🌏 I truly believe the mission ahead is to tell the story of the new world we’re imagining! Nostr and Bitcoin is the way!

#AlwaysNostrFirst #Nostr #Inflation #fiatmoney #fiat #btc #freethought #worldeconomy #article #story #nature #austrianeconomics #money

https://medium.com/@penglunds/this-changes-everything-ten-principles-to-understand-the-world-economy-663dc4439f40

https://m.primal.net/KcAV.jpg


Quick poll: I’m working on an article series. How many of you are familiar with the “impossible trinity” or “trilemma” of international finance? 🏦

Never heard, somewhat familiar or very familiar?

#poll #nostr #asknostr #trilemma #impossibletrinity #theimpossibletrinity #bitcoin #btc


Here’s another panel for my upcoming book! Will accompany one of my chapters about the Cantillon effect under FIAT. 🌎📙

#Inflation #CantillonEffect #TrickleDown #Cantillon #TrickleDownEconomics #Bitcoin #SoundMoney #art #nostr #IntangiblyTrue #Deflation
https://m.primal.net/KXuK.png


Hello from Stockholm—new to Nostr! 🌏🌍🌎

I’m a screenwriter who took a detour into economics after the industry strikes in 2023 set me on a path to explore a growing unease that something wasn’t right in the world I live in. My curiosity led me to dig into how things really work, moving from dabbling in investments to uncovering just how broken our economic system truly is.

The light bulb moment came when I realized that sound money provided me with a framework to begin articulating the answers to many of the questions I had been trying to express through my storytelling. It was one of the most powerful moments of my life.

Now, I’m all about pushing for a future where our economy and social interactions are grounded on solid, decentralised foundations. Excited to connect with others who feel the same! 💡🌱🌎

#Bitcoin #grownostr #growstr #btc #soundmoney #introduction #introductions #nostr #film


Win-win! More for me! 🙌


Working on some comics for my upcoming book. Let’s see if anything sticks. This one’s for the chapter on why inflation is not CPI. 📚🧐

#comics #bitcoin #Inflation #CPI #anime #deflation #soundmoney #consumerpriceindex #nostr #btc #art #artwork
https://m.primal.net/KQgk.jpg


There’s really nothing to argue about - let’s embrace sound money and a genuinely free market and spontaneous orders will give us the answer. We can speculate all we want, but the order that gives the most amount of people the most value is the one that will emerge when money can’t be corrupted. That’s the entire point


Word! I just can’t believe the moral inconsistency in advocating for Bitcoin and sound money principles while simultaneously supporting an authoritarian con artist who embodies everything wrong with fiat in one body


Hey!

No problem – glad you liked it! It’s a good read. Just started on Hidden Repression by Alex Gladstein- pretty much blowing my mind so far. He’s also a Bitcoiner. Which are your favorites in the list you sent? 🌏📙


I tend to think about it like this: yes, it absolutely matters in the short term to those alive today- but it matters little to future generations (unless we change our ways) as the foundational principle of fiat is to borrow from the future until there is no future left

Personally, I believe there are a lot of “infinite leaders” out there - many politician - but they’re facing an uphill battle that only grows against them due to our skewed incentive structures that rewards the opposite of what those leaders stand for. As a result, I think many of them feel like they’re beginning to lack ideas of what to do about it. I think many of these infinite leaders however would embrace sound money principles and Bitcoin if they only read up on it. This is why I find it incredibly important to vote, and when I do, I do it for the leaders with the infinite mindset - even though I may not fully agree with their policies. I do so because I think they will be the most susceptible to the better idea - which is sound money - once they inevitably understand the principles. ✊🌱


Any recommendations for books that explores what a future on BTC standard would look like? Looking for something visionary and explorative as opposed to technical. 📚

Have anyone read “Bitcoin is Venice”?

#Bitcoin #BTC #Books #Reading #Asknostr #BitcoinisVenice #BitcoinFuture


Beautiful!


Yes, and it just pushes the issue to the next person, as the dividend money will have to be reinvested into another unsustainable venture not to lose value


I will be sharing thoughts, excerpts & related content on Medium ahead of my upcoming book release about why Finite Money is Key to an Infinite Future! 🌎🌍🌏🌱

I will push for Nostr in this process!✊

Here's the first read: “Centralisation VS Decentralisation: Crafting a Coherent Understanding”

https://medium.com/@penglunds/centralisation-vs-decentralisation-forming-a-coherent-understanding-976d269ae491

#Nostr #Bitcoin #Grownostr #Growstr #Article #Inflation #SoundMoney #Decentralization #Decentralisation #Medium


Got it! So, at that point, an employer would likely either run their own node or collaborate with another company that does, enabling them to pay a newcomer to the job market using a custodial Lightning wallet.

If the employee wanted to move their salary, they could freely transfer funds to other custodial Layer 2 wallets. However, they wouldn’t be able to take self-custody without settling on Layer 1?

Additionally, a group of individuals who don’t trust any custodial options could theoretically crowdfund a Layer 1 fee and open their own Lightning node. Is that correct?


iOS users—which are your favorite clients w #Nostr? 📲

#iOS #asknostr #grownostr #growstr #iPhone


Can it be non-custodial?


Do I need one lightning wallet for every client I’m using w. #Nostr?

#asknostr #lightningwallet


Great episode! Love the nuances!


Why are we Bitcoin only in our focus? 🤔

Well, when it comes to cryptocurrency, there’s Bitcoin, and then there’s everything else. Amongst a backdrop of scams, lawsuits, and vc blockchain projects with questionable use-cases, it’s important to discuss the differences. The SEC in 2023 and beyond has continued to question many such crypto projects, but never the status and role of Bitcoin as not a security, but something quite unique.

“And, for now at least, they seem to be arguing that bitcoin – and bitcoin alone – has attained the status of decentralized digital cash; an autonomous currency beyond the control of vested interests. Well done Satoshi.”

https://www.forbes.com/sites/martinrivers/2023/07/31/bitcoin-is-not-crypto-the-sec-confirms/


Keep up the good content!!


Not really until I read this article 😅

https://medium.com/coinmonks/so-you-want-to-guess-a-valid-bitcoin-private-key-b0f134883077


I wouldn’t spend so much time and energy on these “bitcoin analysts” 😅 It’s not like they’re getting paid to be right


penglunds

Author of upcoming book “Intangibly True: How Finite Money is Key to an Infinite Future”.


“Free speech is a distraction. Free thought and will is what’s at stake”, from nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m earlier today.

I wrote this Medium article, inspired by those words. Feel free to share and spread! 🌏🌎🌍

https://medium.com/@penglunds/its-not-about-free-speech-free-thought-is-at-stake-605e19e7df0a

#Bitcoin #Nostr #GrowNostr #Growstr #FreeThought #Article #SoundMoney #Inflation


nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m Hey Jack and everyone!—I was truly inspired by these words earlier today so I wrote this article on Medium, referencing your note. Let’s get Nostr to the people! Feel free to share! ✊🌎

https://medium.com/@penglunds/its-not-about-free-speech-free-thought-is-at-stake-605e19e7df0a


Got it! So, an employer, at that point, would likely either run their own node or collaborate with another company that does, enabling them to pay a newcomer to the job market using a custodial Lightning wallet.

If the employee wanted to move their salary, they could freely transfer funds to other custodial Layer 2 wallets. However, they wouldn’t be able to take self-custody without settling on Layer 1.

Furthermore, a group of individuals who don’t trust any custodial options could theoretically crowdfund a Layer 1 fee and open their own Lightning node that they can use. Is that correct?


Thx!!


I think that’s just to delete them


In the future, when Bitcoin layer 1 fees become too expensive for the average person and are only financially justifiable for large companies and banks, am I correct in my understanding that newcomers will still be able to open a wallet and receive and transfer funds directly on the Lightning Network (layer 2) without ever needing to settle or fund a layer 1 wallet?

That’s how it scales without necessarily involving counterparty risk, right?

#Bitcoin #LightningNetwork #BTC #Scaling #BitcoinScaling #Layer2


I did it like 10 minutes before I wrote the last comment — I think it just started working around that time!


Haha, I haven't thought about this until now! Look at NVDA haha!


You can select BTC as pair (instead of default USD) in Tradingview in upper right corner.


They'll eventually figure it out!


Thank you all for the support! Grateful for the many helpful replies!


Got a notification just now that you followed me! Did you do that right now or 5 minutes ago?


Working finally! Thanks for the assistance!


It’s working now!! 🤗 I added all the relays back on that was default in Iris. I’m not sure—but I may have too quick to go to a new page once clicking “follow” so that the client didn’t have time to confirm the request or something. Can that be it?


No, I don’t! They don’t seem to update at all


Okay, got it! But it shouldn't be required to see my follows, right?


Which client are you using? Same result for Primal, Damus and Iris—doesn’t seem to be the client?


Do I add it as a relay or as cache?


Did that just now — didn’t solve it unfortunately!


Let me try!


Okay let me try that!


Just noticed that when logged into iris (where I create my account) there is a message saying “Hey it looks like you don’t have a Nostr Adress yet, you should get one!”. What does that mean?


I’m using Primal—but same when I log into Damus and Iris


You mean it’s just “loading”? I do have some followers but I can’t see whom I am following myself


Ok! Is it like an account problem or an issue for everyone that will eventually get fixed? Are my follows lost or there in the background?


Welcome! I’m new to Nostr too, and have had a simile realization about the fiat world recently! Powerful stuff! 🌎🌏🌍


I’m using these the following relays but still can’t see my follows (people I have followed). My profile says zero.

Can anyone assist?

wss://nos.lol/
wss://nostr.cahlen.org/
wss://nostr.pipegrep.se:2121/
wss://relay.damus.io/
wss://relay.nostr.band/
wss://relay.snort.social/

#asknostr #nostr #help #relays


Thank you — I looked into this, now I understand better how it works! I can basically create my own private + public key without ever exposing my private key on a computer unless I want to send something, right?


Thank you for the reply! I’m using these ones currently — two out of three out of those you mentioned. Still not seeing my follows though!

Can’t figure out why!
https://m.primal.net/KFeT.jpg


Wait, how do you mean? Is that possible?


Is there anyone with technical expertise who can explain just how difficult it truly is to hack a hardware wallet?

How can I be confident that my private key is never exposed, beyond simply trusting the claims of the company that manufactures the wallet?

#Bitcoin #HardwareWallet #SelfCustody #BTC #Crypto #CryptoWallet


I’m able to view my relays under settings; I can delete and add new ones but not sure which one’s I ought to have? My posts and followers list appear to update on all apps perfectly but not my follows


I’m using the default relays as set up when logged in. On top of that, I added the top 3 relays from nostr.watch earlier today.


I’m using Primal and Damus—can’t seem to find any button to follow myself 🤔


Great idea! Let me know what you find and I’ll do the same! Everyday ppl won’t read GitHub, unfortunately


Based on what you’re writing (incl. stable passive income) - I’d say yes! Seems like you’re ready to move on! 🙌🌱


Thank you!!


Perfect — thanks! 🙏


I’m new to Nostr and can’t see my follows. Been following accounts for last 2 days—but profile still says zero.

Added top 3 relays from nostr.watch 45 minutes ago per advice—but still nothing. Using multiple apps.

How do I fix this?

#asknostr


Please comment your best Nostr 101 and onboarding videos—long and short!

Looking for short and concise video that explains the WHY without being too technical, as well as longer more detailed onboarding guide that explains HOW! 🌎🌍🌏🙏 Let’s get this off the ground!

#asknostr #grownostr #growstr


Okay got it! I’ve been following accounts for the past 2 days — probably like 20 or 30 in total but none has popped up yet in my profile. I guess I’ll just need to wait and see then!


However, still not seeing who I’m following. Do I need to follow myself somehow?


I added the top 3 relays now from the website.


Word!


Thank you! I will check it out right now!


Thank you! Okay — so with fewer relays (such as default) does that just mean it will take longer to update my followers?


Okay, how do I follow myself?


Thank you for response! Mind if I ask how I do that?


Thank you! 🙏


Hmm okay! I’m not a programmer unfortunately—I’ve already been engaging on this key for a while now so I’d prefer not to start over. I did my profile through Iris. What do you mean with clients in this context? Apps?


New to Nostr—is it advisable to add more relays than default for a better experience? If yes, how do I figure out which ones? 🌎

Additionally, my profile page says I’m following 0 people despite following many last 2 days—am I doing something wrong? 🤔

#asknostr


Hello from Stockholm—new to Nostr! 🌏🌍🌎

I’m a screenwriter who took a detour into economics after the industry strikes in 2023 set me on a path to explore a growing unease that something wasn’t right in the world I live in. My curiosity led me to dig into how things really work, moving from dabbling in investments to uncovering just how broken our economic system truly is.

The light bulb moment came when I realized that sound money provided me with a framework to begin articulating the answers to many of the questions I had been trying to express through my storytelling. It was one of the most powerful moments of my life.

Now, I’m all about pushing for a future where our economy and social interactions are grounded on solid, decentralised foundations. Excited to connect with others who feel the same! 💡🌱🌎

#Bitcoin #grownostr #growstr #btc #soundmoney #introduction #introductions #nostr #film


Hello from Stockholm! 🌍

I’m a screenwriter who took a detour into economics after the industry strikes in 2023 set me on a path to explore a growing unease that something wasn’t right in the world we live in. My curiosity led me to dig into how things really work, moving from dabbling in investments to uncovering just how broken our economic system truly is.

The light bulb moment came when I realized that sound money provided me with a framework to begin articulating the answers to many of the questions I had been trying to express through my storytelling. It was one of the most powerful moments of my life. Now, I’m all about pushing for a future where our economy and social interactions are grounded in solid, decentralised foundations. Excited to connect with others who feel the same! ✊🌎🌍🌏


Hmm..! At the top of my head, I’d say Madagascar (Ile Sainte-Marie), Sydney and Vietnam! Love to see Rwanda and South America (haven’t been!)


I’ll be posting excerpts and related content on Medium prior to my book release.📙 Here is my latest article:

https://medium.com/@penglunds/centralisation-vs-decentralisation-forming-a-coherent-understanding-976d269ae491

#Bitcoin #Decentralisation #SoundMoney #Decentralization #Nostr


It will be beautiful!


Thank you for your thoughts! Just wrote this article about centralization vs decentralization: https://medium.com/@penglunds/centralisation-vs-decentralisation-forming-a-coherent-understanding-976d269ae491

Would love your thoughts. I don’t necessarily see the government/nation-state as in conflict with decentralization per definition as long as they’re not in control of money supply. In democracies, government is just a naturally arising central entity - just as a company in my opinion.


Great list! It’s not really a Bitcoin book per say but it’s very relevant to bitcoin as it touches on game theory- “The Infinite Game” by Simon Sinek. Worth the read!


Indeed! ✊


Keep up the good work! 👏


Word!!


I think that would be awesome!


What makes you think he understands that? Because he’s pro monopolisation in the oil sector? Trump is nothing but a product of the fiat system.


Swede here! Grym bild!


Trump does not understand the single most fundamental aspect of a free market, sound money or Bitcoin. He thinks it’s an about “winning”, which is a finite game and exactly what fiat is about.


We must restore the incentive structures in our economy to align with sustainable living.


6/ In a sound money environment, the precise incentives recognised as problematic today are reversed. In such an environment, the market — which would then be genuinely free because it would not have a structural bias — would naturally align with long-term, sustainable practices.

We all strive for the same goal: a sustainable planet. However, the notion that "if we could all just unite this one time for the common goal of saving the planet" may be inspiring but is insufficient if it assumes that a single central entity, if only given full mandate, can outsmart the collective intelligence of all the world's citizens with a “wave of its magic wand”.

The concept of unity by concentrating power in one central entity overlooks how every organism on Earth has adapted to an unpredictable future for billions of years, as it is akin to putting all eggs in the same basket. Survival, whether for mosquitoes, elephants, or humans, has never depended on uniform agreement — that is an impossible standard to meet that only ends up in compromises and insufficient actions — but rather on embracing diversity of thought, allowing free agents to act autonomously in their respective environments.

The point is that we must restore the economic environment in which the marketplace of ideas operates; only then will the full collective intelligence of the world's citizens be directed towards our better judgement. In fact, by doing so, we automatically activate and lever the entire world population towards the goal of environmental sustainability.


5/ Attributing the root cause of climate change to "market-based solutions" lacks nuance. The market is merely a collection of free agents that adapt to the most efficient way of operating in a given environment.

Unfortunately, that environment is currently the centralised fiat system with skewed incentive structures, which is why the current iteration of our market — which is not genuinely free — has adapted to operate most efficiently within that framework.

The “capitalism” or "market-based solutions" we know today resemble communism for the rich and capitalism for the poor. In other words, the word capitalism has been hijacked by those who seek fewer regulations and lower taxes to continue benefiting from the system's inherent flaws. In a genuinely free market, many of these individuals would have to reinvent themselves as their line of work adds zero value to the economy.

Under the fiat environment, increasing regulation and taxes is absolutely necessary, but it's at best only a short-term solution.


4/ However, while many at the forefront of the climate change movement are correctly identifying the symptoms and desperately pushing politicians to do more, many are also falling short of diagnosing the root cause accurately — or maybe they have just become so entrenched in the current system that they cannot see it can be reinvented.


3/ Those at the forefront of the green movement are instinctively correct. They are making the right choice in fighting back against forces that seek our destruction. They rightly sense that something is fundamentally wrong with how we live our lives and the behaviours that are rewarded…


2/ Those who argue otherwise are presenting a straw man argument. For instance, it is an undeniable fact that Earth will be hit by another asteroid in the future. We just don't know when, where, or how severe it will be. Similarly, those who claim the science on climate change is “unsettled” are debating the specifics of "when, where, and how severe," which indeed can vary.

However, it is settled that climate change will have disastrous consequences to the world in one way or another unless action is taken.

The even more ridiculous claim that climate scientists — as if they were one and the same — have “conspired” to downplay uncertainty and exaggerate risk, are apparently unaware of the fact that increased uncertainty equates to increased risk. So, they effectively have a defeater for their own argument.


Climate change is real and it’s caused by the unsustainable living practices that FIAT forces upon each and every one of us!🧵…


We stand at a pivotal moment in human history, where the adoption of sound money is no longer a mere theoretical concept but a tangible goal that can be genuinely achieved.


There is no such thing as a free market under a FIAT system.


To assert that the sinful act in terms of unsustainability, for example, is merely extracting and using oil, which releases greenhouse gases and warms the planet, is a grave underestimation of the issue.

The far more egregious act is that for all the various intents and purposes that energy could have been used for — such as fuelling innovation, which could have generated something of more value than the sum of its parts — it is instead used to build tanks and weapons with the intention to destroy lives, homes, and cities.