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Notes by MartyBent | export

 Can’t win if you don’t think you can. 

We’re going to win. 
 Don't let the price mania distract you from the speed bumps that are lying on the road ahead. All of the bullish fervor could quickly turn into existential dread if the Treasury has its way. 

https://tftc.io/bitcoin-price-surge-treasury-regulations-impact-analysis/ 
 "Would you say that there's multiple blinking red lights out there?"

"I see blinking lights everywhere I turn."

The lowest common denominator rhetoric is laughable. The FBI is known to manufacture "attacks" to justify their budget and agenda. Don't fall for this crap.

https://m.primal.net/HSeC.mp4 
 Why did bitcoin pump to $42,000? Who knows why, but here are some possible drivers.

Regardless of what the drivers are, always remember:

- There will only ever be 21m bitcoin
- Governments & central banks will never stop printing
- People need an exit

https://tftc.io/bitcoin-price-surge-analysis/ 
 By bending over and asking for regulatory clarity you are failing to  meet your obligation as a US citizen to disobey the unjust laws enacted  by a vile class.

https://tftc.io/were-at-the-loot-the-treasury-stage-of-empire-collapse/ 
 We’re at the “loot the treasury” stage of empire collapse and people are looking for regulatory clarity from the people doing the looting. More effort should be spent exposing these people as criminals instead of trying to appease them.

The US federal government is an illegitimate authority stealing from the people on an astonishing scale.

The “regulatory clarity” you seek will make it so they can loot your bitcoin. 
 Bitcoin's network hashrate has increased by ~27% in less than three months. Here is what is driving that growth.

https://tftc.io/a-new-bitcoin-difficulty-all-time-high/ 
 Spinning up an Inflation Tracker on the site to keep a running list of anecdotes and data points to track as the governments of the world attempt to gaslight you into believing that you aren't feeling the pain at the cash register.

https://tftc.io/inflation-tracker/ 
 It's not a good sign when the CEO of UBS assures people that everything is fine, but he'd prefer the bank to be acquired by a private entity if it were to go under during the same week it is experiencing "unforeseen liquidity challenges".

https://tftc.io/the-warning-signs-of-a-banking-crisis/ 
 Expect this trend to accelerate. The combination of bank insolvency and the governments' attempting to prevent people from getting out of the system will lead to more instances of people being unable to access their money.

Bitcoin held in self-custody is the solution.

https://m.primal.net/HRJc.jpg 
 Counter-signal all of the Red v. Blue nonsense this election season with a yard sign that asks the hard question. The most important question one could ask in 2023. 

http://tftc.io/shop

https://m.primal.net/HRIP.jpg 
 My brother and I are continuing the tradition of getting shaves the day before Thanksgiving, which we used to do with our father. First one without him, but I’m pretty sure he’s here with us and communicating via the barber shop playlist. Love ya, dad.

https://m.primal.net/HQzQ.jpg
https://m.primal.net/HQzS.jpg 
 I’m honored to have written the foreword to @Parker Lewis's long awaited book, Gradually, Then Suddenly.

We’re all lucky to have Parker’s energy focused on bitcoin. 

Here’s a sneak peek to the foreword with a link to the presale.

We’re going to. 

https://tftc.io/gradually-then-suddenly-foreward-and-presale-announcement/ 
 The only move these scummy decrepit dying institutions have left is  projecting their own guilt on others and manifesting scapegoats that can  lead people away from the scent of their rotting corrupt corpses.

https://tftc.io/charges-against-binance-and-cz-are-a-misdirection-play/ 
 Things are moving rather quickly on the geopolitical stage and the large nations of the world are in position mode right now. While everyone was focused on the OpenAI drama over the weekend China was making moves to assert itself as a leader in the world.

https://tftc.io/geopolitical-chess-board-reshuffling/ 
 Things are heating up. The most bullish scenario I can imagine is the major nation states of the world getting in a massive fiat pissing match while we continue to build out a bitcoin standard adopted by individuals. https://m.primal.net/HQnh.png 
 The government is openly lying to you about inflation so that they can use their bad data to justify more money printing. 

The result of this is a complete detachment from reality that will lead to more suffering for  the Common Man.

https://tftc.io/the-cpi-uses-insane-assumptions/ 
 "Every person on social media should be verified by their name "because of" national security."

Mask off. The uniparty wants to control speech on the Internet. The first step is forcing people to verify themselves on social media.

They're losing control and clamping down.

https://m.primal.net/HQHS.mp4 
 Thank God for Nostr.  
 The censorship industrial complex is a well oiled machine that aims to control the speech of American citizens and sway elections so that powerful corporate interests can get what they want. @MikeBenzCyber
 broke it down for us on TFTC.

https://tftc.io/460-deconstructing-the-censorship-industrial-complex-with-mike-benz/ 
 Just finished recording with Mike Benz, the Executive Director of the Foundation for Freedom Online, on the Censorship Industrial Complex and the stakeholders involved. The first step in solving a problem is identifying it properly. Mike has encyclopedic knowledge of how the censorship apparatus works. You won’t want to miss this one.

Episode drops tomorrow morning at 8am EST. Subscribe and set notifications so you don’t miss it.

We’re going to win.

TFTC.tv 
 I'm not buying the fact that there was a random ransomware attack on a Chinese bank that disrupted this week’s treasury auction.

I smell the beginning of the Cyber Pandemic, which has been choreographed for years. Stay vigilant out there.

https://tftc.io/beginning-of-cyber-pandemic/ 
 marty is sitting next to me at bitcoin park scrolling mempool.space and questioning how he could ... 
 Still plenty of time. 
 We’re going to win. 
 Appreciate you! 
 As we've been saying since the travel rule reared its head, the light nudging of regulatory compliance is slowly but surely degrading the privacy of users and creating a path for the incumbent exchanges to create regulatory moats.

https://tftc.io/travel-rule-compliance-is-the-first-step-to-blocking-the-exits/ 
 Shame on Gemini for bending the knee on this. The governments of the world and the unelected officials who write their regulatory guidelines (FATF) are morally bankrupt and do considerably more harm than good throughout the world. Where are the people with backbones?

The Winklevoss twins are more worried about their cover band than the well being of their customers. SAD!

https://m.primal.net/HPZQ.png
 
 Everyone in my house went to bed early and I found myself in watching a classic on the couch. https://youtube.com/playlist?list=PLUkivEN1pETy_XhKZsZ56kjYoZsSVvnmf&si=FPf6g8oGDFoEs_4E 
 Sam Bankman Fried was an obvious scammer to anyone with any sense of what is going on in this industry. Those who held him on a pedestal both inside and outside of the industry shouldn't be trusted moving forward. Especially when talking about bitcoin.

https://tftc.io/sam-bankman-fried-was-an-obvious-scammer/ 
 "We're going to win" isn't some cocky saying that assumes inevitability.  It is the embodiment of the belief in one's self and the power one has  to change the world.

https://tftc.io/believe-in-yourself/ 
 We’re going to win. The competition is old, lame, objectively insane and driven by darkness. We’re riding the light. 
 The late stage fiat collapse is upon us and the numbers are only going to get sillier from here.
https://m.primal.net/HOxh.jpg 
 2023 has been the year of the Great Bitcoin Decoupling and it may be driven by the fact that more and more individuals are beginning to understand how much counterparty risk they are exposed to in the banking system.

https://tftc.io/the-great-bitcoin-decoupling/ 
 Jake Chandler in his paper “Defeat Reconsidered” (2013) developed the following counterexample: Outside the door to Sam’s flat is a switch for the light in the staircase. Flipping the switch (ES) typically causes the light to go on (PS): ES is a reason to believe PS. When there is a power cut (DS), ES loses this probative force. Thus, DS is a defeater for ES’s support for PS. It is also part of DS that there is backup power system that is activated (and automatically turns on the lights) when the main system fails. So, just like ES, DS provides a reason to believe PS. But there is an asymmetry: while DS is a defeater for ES’s support for PS, ES is not a defeater for DS’s support for PS (since the position of the switch is irrelevant). 
 I had something urgent come up that I have to tend to. We’ll be live later tonight or early tomorrow morning. Thanks for your patience, freaks. nostr:note1e8cvrtyy8a586udwaaxc8j2ahna2xhsswyvvdxjchdfhn9jyl0qqtrylqn 
 Bank stocks are getting crushed right now with Bank of America leading the way down.

https://m.primal.net/HOlX.png

Bitcoin is up 102.60% while Bank of America is down 25.14% YTD. 2023 may go down as the year of the decoupling.

https://m.primal.net/HOlY.png

We may come to find that the market prefers a peer-to-peer distributed monetary system with a hard capped supply and no counterparty risk to a completely centralized monetary system in which banks have zero reserve requirements and are sitting on worthless government debt. 
 This is the nature of every thing. The current thing is the same every thing and each thing is meant to make you feel a certain way so that you look  to find a solution that is inevitably always sitting in the corner of  the circus tent.

https://tftc.io/corner-of-the-circus-tent/ 
 The AI-enabled scammers are coming for your bitcoin. Here's how you can protect yourselves and your loved ones from this particular attack.

https://tftc.io/ai-bitcoin-scams-are-on-the-rise/ 
 nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy  which open source project ... 
 Best time to be alive. 
 It's been a great week for the price of bitcoin, increasing by $2,890 or +10.77% over the last 7 days. However, there is a critical lightning network vulnerability and a regulatory attack on the horizon that you should all be aware of.

https://tftc.io/lightning-bugs-and-regulatory-attacks-on-bitcoin/ 
 @Deleted Account please come to my office when you get to the Commons today. 
 @Whitney Webb is back on the show to discuss the history of Christian Zionism, how the financial crisis is setting the stage for CBDCs, and how the fascists relationship between big tech and the US government is leading us toward AI driven tyranny.

https://tftc.io/ai-powered-tyranny-whitney-webb/ 
 BitDevs makes me happy. Things are dark but we're going to win. 
 Getting closer to a massive corporate credit catastrophe. 

https://m.primal.net/HOCy.png 
 The digital euro is officially in the "preparation phase". Remove yourself from their chess board and play a different game. Play  the game with a strict rule set and transparent rules. That is the game  built on top of bitcoin.

https://tftc.io/digital-euro-preparation-phase/ 
 They’re accelerating as they lose control. This is bullish. Don’t give them an inch. Remove yourself from their chess board. Opt into bitcoin. https://video.nostr.build/e753a825fc48e44dd71d8dd0bb83b3a399c4957b47e2d13cf4c6c3b3f04e8b92.mov  
 We’re at the “things are broken behind the scenes but the info isn’t public” stage of the financial meltdown.

https://m.primal.net/HNuh.png
 
 Lightswitch Lou finally gets it. Bitcoin is going to win.

Lou explains how media monetization has changed over the last 12 years, how publishers like Barstool should be reacting, why the lightning network is revolutionary, & why he joined Mash.

https://tftc.io/453-from-barstool-to-mash-with-louis-roberts/ 
 Really excited to share what we've been working on at TFTC in collaboration with Mash.

It's time to take things to the next level to bring Truth to the Commoner. Check out our new website and learn about our strategy moving forward.

Huge shout out to Jared Nusinoff, Lightswitch Lou, Jake Stolee and the rest of the team at Mash for making this possible.

https://tftc.io/a-new-look-and-feel/ 
 World War III started in 2022. 
 “Think of money as just another commodity. If you have a monopoly on a commodity that everyone needs, everyone wants, and nobody has enough of there are lots of ways to make a profit. And also exert tremendous political influence. That’s what this battle is all about.” 

The founding fathers knew how dangerous money changers are to the world and actively rooted them out of the American experiment to the best of their abilities.

Bitcoin completely roots out the money changers and returns money back to the free market. https://video.nostr.build/ee8ae7fa27071106d64a05c1e55c1d9d4fe55fc7d9957f7b24a5be0961563031.mov  
 I can't imagine what this chart is going to look like in a bull market. Don't let people tell you there's no activity on the lightning network. I use it every day.

Shout out to Sam Wouters and the team at @River for putting together another incredible research report.

https://blog.river.com/the-lightning-network-in-2023/

https://m.primal.net/HNIk.png 
 War sucks. 
 The world has been lulled into a false sense of "risk-free  treasuries" security over the last forty years while the borrower has  turned into an absolute degenerate.

When you really ponder the reasons people buy treasuries, they don't make much sense.

https://tftc.io/martys-bent/the-borrower-on-the-other-side-of-treasuries-is-a-deadbeat/ 
 Why would anyone lend the US government money in 2023?

We have a President who can't even form a sentence.

We're actively destroying our energy infrastructure.

Our healthcare costs are skyrocketing because we're woefully unhealthy.

This government deserves a rug pull.

 
 It's great to see Unchained pushing the bitcoin industry closer to a multi-institution multisig model that will reduce the potential for the mismanagement of client bitcoin.

I believe this will be the standard demanded by the market in the long run.

https://tftc.io/martys-bent/the-new-bitcoin-custody-standard-is-being-set/ 
 Marty Bent
Welcome to a Proper Shitshow. The cascading debt crisis is here.

Higher yields, sticky inflation, a deteriorating economy, fiscal irresponsibility and political dysfunction are proving not to be confidence inducing. Markets are pricing this in.

https://tftc.io/martys-bent/a-recession-is-going-to-pour-fuel-on-the-growing-fiscal-fire/ 
 Nice to see Sunday night pumps back on the menu. 
 Mempools are clearing. @ODELL I think we’ll be able
to settle our bet live on air on next week’s @RabbitHoleRecap https://image.nostr.build/d8badbbd9b8570b55892992c6effedd7cda1d9fd224e4e194d31673f116914be.jpg  
 "Markets can remain irrational longer than you can remain solvent" is a phrase that has led to a level of such complacency in markets that people don't know how to react to markets that are now acting irrational.

https://tftc.io/martys-bent/the-fiat-endgame-is-chaos/ 
 How did you get earlier access to Scientific American? That article is dated 4 days from now. 
 I think they're giving their online readers a sneak peek to their physical October issue. https://www.scientificamerican.com/article/its-time-to-engineer-the-sky/ 
 I am here yet again to remind you that the Malthusians in charge are actively trying to transition to solar powered grids while simultaneously trying to convince you to geo-engineer the atmosphere to blot out the sun.

🤡🌎

https://m.primal.net/HMKF.png 
 Freedom is something that many take for granted. Yet, there are people fighting tirelessly to ensure that all have the ability to access information in the digital age. Some die athletic deaths in the process. 

Cody Wilson is an example of someone who has suffered athletic deaths to push the goals of Defense Distributed and the broader 3D printed gun movement forward. 

Jessica Solce joins the show to discuss her new film on the story of Cody, Defense Distributed and the battle for freedom in the digital age; Death Athletic: A Dissident Architecture.

There is a lot that bitcoiners can learn from the saga of Cody Wilson and Defense Distributed.

This episode with Jessica is a great return to first principles and why I do this in the first place; to ensure that my children live free in the digital age.

Come and take it.

https://tftc.io/tftc-podcast/449-death-athletic-a-dissident-architecture-with-jessica-solce/ 
 When money doesn't work people stop working. One of the non-obvious effects of persistently high price inflation is the degradation in services that are often taken for granted. 

https://tftc.io/martys-bent/when-money-doesnt-work-people-stop-working/ 
 Godfrey Bloom has been railing against central banking and the degradation of civil liberties for decades. He joins the show to explain why people need to break out of the "Right v. Left" frame and begin making moves to opt out of the uniparty system.

https://tftc.io/tftc-podcast/opt-out-keynesian-brain-rot/ 
 Received this message from our private care doctor today. Parker Lewis’s thesis of the circular economy developing is playing out in real time. https://image.nostr.build/a4e7edaa0661a790c8cc70d4fe60cdbe9a3b62760ea5954763446a2a3f5a545f.jpg  
 History is riddled with examples of governments who abuse their power  and use deadly force to get their way when the citizenship doesn't want  to go along with what they put forth.

https://tftc.io/martys-bent/death-athletic-securing-2nd-amendment-rights/ 
 When the AI industry reaches an equilibrium and compute becomes commoditized, the industry will have to compete on power costs. 

To get the lowest costs companies will have to co-locate GPUs with bitcoin miners that can participate in demand response.

https://tftc.io/martys-bent/the-convergence-ai-data-centers-bitcoin-mining/ 
 I got a sneak peek of Death Athletic last night. This will be a must watch for every bitcoiner when it drops publicly next month. Many lessons to be learned from Defense Distributed and others in the 3D printed gun movement.

"The only philosophically coherent position is revolt."

https://www.deathathletic.com/ 
 Socialism is on the rise in the West and it should scare the living shit out of you.

https://tftc.io/martys-bent/socialism-in-the-west/ 
 The UN and other supranational alphabet soup organizations don't want the information that proves they are incompetent to spread so they are preparing to stop it by any means necessary.

Don't give them an inch.

https://tftc.io/martys-bent/un-wants-to-censor-free-speech/ 
 Much progress has been made over the last five years, but we're still in the early days of the lightning network. @matt joins the show to highlight what works and what we need to improve to ensure bitcoin and lightning scale. 

https://tftc.io/tftc-podcast/446-the-state-of-the-lightning-network-with-matt-corallo/ 
 It’s great catching up with Matt because he is no bull shit. Straight up about what’s working, what’s not and what needs to be improved. 

Always a high signal rip. 
 The ability of money to increase in purchasing power over time has been made impossible due to the fact that central banks have a baked in inflation target that they use to create price stability.

The idea that saving money is bad has led to this policy.

https://tftc.io/martys-bent/higher-savings-are-good-for-economy/ 
 The future will be run on open-source software, distributed systems, and sound money.

https://tftc.io/martys-bent/issue-1384/ 
 There is no bigger intellectual time suck than national politics. The amount of time that is wasted discussing politicians, elections and policy is mind boggling.

It's a never ending cycle that takes people away from productive endeavors.

I came to this realization last night in the middle of a dinner. We wasted 20 minutes of our precious time speculating about the presidential election when we could have been talking about things that will actually make a difference. 
 We’re going to poke a hole through the Matrix. It’s going to be fun. 
 “The shot of the day brought to you by Moderna.” 

Peak humiliation ritual. https://video.nostr.build/1cb2df0879b5d7a902bacfe85fd4839459dd217cc49a45e19f68d27ede1b1777.mov  
 You can’t destroy demand when Americans are completely comfortable with and addicted to credit. https://video.nostr.build/856dfab5775bfe6045bc6f685961c341153cec11ccac0ebeb0fd5c510cb52233.mov  
 In practice, as our friend Parker Lewis points out, the demand destruction theory is structurally flawed because it fails to factor in the effect rapidly rising interest rates has on the supply side of things.

https://tftc.io/martys-bent/issue-1383/ 
 👊🏼🙏🏻✌🏻 
 How can we possibly claim to make Ukraine’s energy infrastructure more resilient when we are actively making our energy infrastructure less resilient in the US?

🤡🌎

https://m.primal.net/HKob.png 
 This is so dope to see @OpenSecret. You guys are crushing it. 
https://m.primal.net/HKoU.jpg 
 nostr:note1gs2plmpk7v3m68hjd3dv7wqr29hgya39jgmyvqeejhpa52negwnq9z5gvr

Bitcoin either works or it doesn’t.

If it does, demand will be so high that we will look back and laugh that anyone ever thought this was an issue worth discussing. 

If it doesn’t, it won’t be worth securing in the first place.