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Notes by MartyBent | export

 The Center for Countering Digital Hate has labeled TFTC and many other YouTube channels as purveyors of "New Denial" that Google must punish for calling out climate hysteria.

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

List of YouTube channels being targeted by this particular NGO. 

https://m.primal.net/HhcX.png https://m.primal.net/HhcY.png https://m.primal.net/HhcZ.png 

LUCKILY, WE HAVE NOSTR. THE CENTER FOR COUNTERING DIGITAL HATE CAN SCREECH INTO THE VOID.

 
 We’re winning so hard, freaks. The vibe shift is upon us. 
 Seen on our walk in Austin. #FreeRoss

https://m.primal.net/HhAK.png  
 Finally got the Q in my hands. Should be a fun Friday. 
https://m.primal.net/HgcL.jpg 
 GM. Start your day with @miljan explaining how Nostr competes with the walled garden incumbents in social media, publishing and payments. 

Interoperable open source networks enable rapid innovation that the incumbents will never be able to replicate. 

We’re going to win. 
https://m.primal.net/Hgao.mov 
 *banking crisis steps back into the frame*
https://m.primal.net/HgTv.jpg 
 This has been the thesis all along. Bitcoin will inevitably obsolete all other money and the road to total fiat irrelevance is paved by the dead bodies of all the weak currencies. The weakest currencies lie at the beginning of the road and the relatively strong ones will be keeled over toward the end of the road. At the end of the road is a throne and bitcoin is headed on a b-line toward to claim its crown.

https://www.tftc.io/bitcoin-new-all-time-high-in-30-currencies/ 
 Not going to lie. I'm pretty bulled up right now, freaks. 
 Coinbase has consistently had problems keeping their systems up and running during times of high price volatility.

This is a prime example of the risk a company takes on when they spread themselves thin in "crypto". There is a lack of focus that leads to unreliable products.

https://m.primal.net/Hfya.png  
 “If you have something that’s the best performing asset over 5, 10 and 15 year periods it’s a store of value. I’m ready to say that.” - Joe Kernan, bitcoin podcaster


https://m.primal.net/HfsI.mov 
 Bitcoin is now the 5th largest base money in the world. 
https://m.primal.net/HfrM.jpg 
 Bitcoin has reached an all-time high for three of the top twenty global currencies, the Japanese yen, the Norwegian kroner, and the Turkish lira.
https://m.primal.net/HfkW.mov 
 The EIA and the Department of Energy don't have a leg to stand on. They are claiming that miners are a detriment to the stability of our grid systems and electricity prices. Nothing could be further from the truth. Miners are a godsend for grid systems.

https://tftc.io/riot-temporary-restraining-order-against-department-of-energy/ 
 
Are there any Nostr clients/apps that would be ideal for scientists to publish their papers/data who are worried about censorship?  
 There are nut thieves in our midst. 
 Sunday dinner locally sourced in central Texas. My wife is elite. 

https://m.primal.net/HfID.jpg 
 Bitcoin is winning. It’s “the next logical step”.

Presidential candidates are forced to have a position on it. 
https://m.primal.net/HebA.mov 
 
Bitcoin seems to be scaling just fine at the protocol level. Especially when you compare it to its true competitors; other base monies and the rails they settle through.

Bitcoin is already settling ~2x the amount of transactions that Fedwire settles.

https://tftc.io/bitcoin-fedwire-comparison/ 
 There's a lot of debate about whether or not bitcoin is currently scaling appropriately and I think many are missing the forest for the trees. Particularly when you benchmark bitcoin's success to Fedwire, which is the correct apples to apples comparison.

Matthew Meźinskis and I recorded this morning and Matthew presented these two charts and I think they may be the most bullish bitcoin charts I've seen in years.

Bitcoin's trailing 12-month transaction volume and value compared to Fedwire.

https://m.primal.net/HeJc.png 
https://m.primal.net/HeJd.png 

When you factor in batched transactions, bitcoin is already facilitating almost 2x the amount of transactions that Fedwire is on a trailing 12-month basis.

In terms of value settled on the bitcoin network, it still has a ways to go to reach parity with Fedwire, however the trend has been a consistent and aggressive march toward parity, with the Fedwire value transfer being 22,000,000,000x in 2010 and ~800x as it stands today.

If you dive into the numbers and compare bitcoin to its base money competitors, it is scaling incredibly well.

Listen to the full rip here:

https://www.youtube.com/watch?v=eilZmefD4Z4
 
 Despite what many in the political class would attempt to have you believe, they understand that bitcoin is better money. This is an undeniable fact.

Boris Johnson definitely isn't the only politician who likes to be paid in bitcoin.

https://tftc.io/boris-johnson-1-million-in-bitcoin-from-tucker-carlson/ 
 “He will talk to you, but he wants $1,000,000. $1,000,000 in either US dollars, gold, or bitcoin.”

Bitcoin is becoming mainstream pay-to-play money. Bullish.
https://m.primal.net/HeBM.mov 
 The greatest trick the Devil ever played was convincing the world that the global economy needs to be micromanaged by academic economists who manipulate interest rates and the supply of money and that sound money is bad for the economy. 
 The American consumer is laying on their back all battered and bruised in a chaotic ocean of debt and job prospects that are getting worse by the day. One has to wonder how much more pressure can build before the  system collapses in on itself again.

https://tftc.io/personal-interest-payments-surpass-550-billion/ 
 My 4 year old got a Jeep for his birthday, which has led to a new game; Jeeps and Rockets. He rides around the backyard in his keep while I shoot air propelled rockets at him. Dudes rule. 
 If the price of bitcoin keeps pumping, what will happen to the bitcoin mining industry after the next block subsidy halving?

Here are my thoughts 👇

https://tftc.io/bitcoin-mining-halving-2024/ 
 Not falling for the Russian space nuke psyop. 
 Most of the world is completely unaware that the global monetary system is built on a house of cards, better referred to as a Ponzi scheme. The mass of men believe that the money they hold is good money and that the people who control that money, the central banks, are the smartest people in the room. This class of unwitting men is completely unaware that every central bank around the world is engages in moral hazard on a day to day basis because they are operating in a system with completely perverse incentives.

https://tftc.io/central-bankers-are-bragging/ 
 Shoutout to @sahil for teaching everyone how to get on zero.

https://tftc.io/how-to-live-on-bitcoin/ 
 It seems that the American taxpayer has more in common with a masochist who likes getting abused by a dominatrix than he does with the people who founded this country. "Thank you sir, may I have another!" He screams as a third of his earnings are taken and thrown at an endless pit of debt that will never be paid back and a gender studies curriculum in Pakistan. Despicable.

https://tftc.io/are-your-tax-dollar-being-allocated-efficiently/ 
 The last piece of trash to take to the curb before liftoff.
https://m.primal.net/Hbhq.jpg 
 If that dude were actually smart he would be funneling as much of his cash flow into bitcoin as possible. The two aren’t mutually exclusive. A meaningful bitcoin position can be an accelerant for cash flows.

https://ten31.vc/insights/treasury 
 Despite the fact that we have a president who can't speak and things may seem more dire than they have been in generations, it is morning in  America if you are willing to take agency over your life by removing the  government's influence over your money.

https://tftc.io/biden-bitcoin/ 
 Trump v. Michelle Obama is going to produce some incredible memes. 
 It is becoming very hard for Americans to pay their debts as they get thrown into the tumbler of inflation eating into their ability to sustain an expected quality of life and a job market that has turned many people into  triple "employed" gig workers.

https://tftc.io/consumer-credit-delinquency-rates/ 
 Don't look now, but it seems that the regional banking crisis is beginning to reemerge after almost a year of hibernation.

https://tftc.io/bank-runs-are-back-on-the-menu/ 
 nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy

If you go one rip without ... 
 challenge accepted 
 🚨🚨EMERGENCY TFTC RIP🚨🚨

I sat down with Jason Brett to discuss the targeting of the bitcoin mining industry by the EIA & Department of Energy. 

Discrimination against a single industry like this has never been seen before. Important rip.

https://tftc.io/federal-government-attack-on-bitcoin-mining-jason-brett/ 
 If you are an operator in the bitcoin mining industry in the US it is imperative that you ignore this survey and tell the EIA, the Department of Energy, and the current administration to fuck off.

Here's what they have in store for you.

https://tftc.io/eia-bitcoin-mining-survey/ 
 Currently diving into this edict from the EIA against bitcoin mining operations in the US. It is extremely Orwellian.

It seems like they are trying to create a hyper-detailed registry of miners in the US down to particular ASICs.

https://m.primal.net/HaEh.png https://m.primal.net/HaEi.png https://m.primal.net/HaEj.png 
 The EU is set to make a decision that would set the economic union back and prevent European citizens from reaping the benefits of bitcoin and the energy efficiencies provided by its Proof of Work.

Lyuda Kozlovska and Bota Jardemalie are fighting back.

https://tftc.io/eu-attack-on-proof-of-work/ 
 The only benefit of my wife being away for the weekend beyond one on one time with my boys is I get to binge watch LOTR after the kids are in bed. 
 The actions of this particular administration have actively undermined the continuity and safety of the union and the move by Texas should be seen as nothing less than an attempt to salvage the ideals that our republic was founded on.

https://tftc.io/texas-border-stand/ 
 We're building something special at Ten31 by pairing deep experience in the bitcoin industry with traditional finance to bring about a Bitcoin Standard. John Arnold and I walked through our thesis and why we believe Bitcoin is eating the world.

https://tftc.io/bitcoin-is-eating-the-world-john-arnold/ 
 We're going to win. Privacy is essential to freedom and it is imperative that we stand up to the insanity of a federal government infringing on civil liberties. 

https://tftc.io/fincen-surveillance-rules-bitcoin/ 
 I had a great time at the Energy & Mining Summit at @BitcoinPark last week.

The bitcoin mining industry is maturing at a rapid pace.

There is no stopping an idea whose time has come.

Here are my thoughts after attending the summit.

https://tftc.io/energy-mining-summit-bitcoin/ 
 When states start ignoring federal energy policy like Texas is ignoring the DHS at the border right now we’re going to see an expansion of human flourishing like we’ve never seen before in human history. The vibe is shifting. We’re going to win. 
 On my flight home from the Bitcoin Energy & Mining Summit at @bitcoinpark. It was my favorite event of 2023 and this year did not disappoint.

It is becoming very clear that many in the energy sector fully grok bitcoin now and are eager to incorporate mining into their systems. 
 Another year has come and gone and another annual Gathering of the Ghouls is underway in Davos, Switzerland. Here's what they have planned for you.

https://tftc.io/wef-totalitarianism/ 
 Catching up with Dave is always a pleasure. We need more people like Dave in the world. 

No bullshit. No filter. Just pure high-octane flow on how he views the world.

https://tftc.io/dave-collum-year-in-review/ 
 Mentally preparing for 9 months of "this is the most important election in American history" on repeat. 
 "We're throwing addictive deadly substances into lower-income kids' hands... literally bankrupting the country."

Calley Means during a recent discussion with Dr. Shawn Baker.

https://tftc.io/food-and-pharma-industries/ 
 How to Manage Bitcoin UTXOs and Save on Transaction Fees

An important guide for every bitcoiner to read. UTXO management will be paramount as fee markets continue to develop.

https://tftc.io/bitcoin-utxo-management/ 
 Yes. 
 We’re using AI to create articles based off audio content. Seems a bit weird to attribute it to myself or the original creator. Trying to use “Staff” as a way to signal that it’s an AI produced article.

The goal is to get the people providing signal across the space and other sectors more exposure and to help them with back linking. 

Still early days and we’re definitely discussing how to make this clear to people. 
 It's been a pretty exciting month for TFTC. We've been pushing out more content on the site than we ever have before. This content includes podcasts, news events, philosophy lectures, guides that will enable you to become more sovereign and productive, and much more.

The site is seeing more traffic than ever and we are extremely motivated  to continue leaning into this strategy to distinguish TFTC as a new type  of media company that provides our community with a mixture of content  produced in-house and curated content from many different sources. All in an effort to provide Truth for the Commoner.

Here are the five most read articles on the site this week and a few asks for anyone who is a fan of what we're doing.

We're going to win.

https://tftc.io/email/fc44d555-641c-4dce-a88d-f46b3b579bbc/ 
 15 
 Bitcoin is Eating the World

The world is not prepared.

https://ten31.vc/insights/tam 
 "Every company needs a bitcoin strategy, because every company needs to avoid extinction."

https://tftc.io/new-era-for-bitcoin/ 
 Dude how's your fasting going? Hope you're well. 
 Broke the fast 90 minutes ago. It was a great experience. 
 Hi this is my first post on nostr, I am new to btc, small stacker, work a minimum wage job, but t... 
 🫡 
 My wife knows how to get me all hot and bothered.


https://m.primal.net/HXTt.jpg 
 If you freaks think BlackRock and other titans of Wall Street getting  into bitcoin is bullish for the price, just wait until a string of  nation states declare that they deem bitcoin is a valuable asset to hold  on their balance sheets.

https://tftc.io/bitcoin-nation-state-adoption/ 
 As we said yesterday, don't get fooled into thinking that bitcoin needs to be locked into the financial system. Bitcoin provides us with the ability to build a whole new system from scratch and it's happening right in front of Wall Street's face.

https://tftc.io/fedimint-mainnet-release/ 
 When the government is a top-3 employer in your economy you do not live in a capitalist system anymore.

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

https://tftc.io/decembers-jobs-report-revisions/ 
 Bitcoin's purpose is much higher than increasing the net worth of those who hold it (or hold exposure to it). Bitcoin is freedom money and the siren calls of wealth and convenience are on their way to undermine the  mission. Don't get distracted. Our children will be free.

https://tftc.io/prepare-for-number-and-noise-to-go-up/ 
 I know everyone is focused on the bitcoin ETF, but I highly recommend you take some time to listen to this rip with Chris Hume about the persecution of Amos Miller in Pennsylvania. 

This is something to pay attention to. Healthy food is under attack.

https://tftc.io/amos-miller-persecution/ 
 Fast broken.

A cup of bone broth and a raw milk + raw honey + raw egg shake. All sourced from local farmers.
https://m.primal.net/HXgv.jpg
https://m.primal.net/HXgw.jpg
https://m.primal.net/HXgx.jpg
https://m.primal.net/HXgy.jpg 
 To threaten people with a felony charge for not playing the role of tax collector on behalf of the IRS is one of the most despicable and insulting things that has come out of the US government in recent years.

https://tftc.io/irs-bitcoin-transaction-reporting/ 
 The US national debt is more than 3x what it was when bitcoin launched. Put another way, 68% of the debt that this country has accrued over the last 248 years was added over the last 15 years, or 6% of the country's lifetime.

https://tftc.io/bitcoin-15-years/ 
 2024 will be the year that makes it clear that we’re not going to vote our way out of the problems that exist in the world. We’re going to have to build our way out.

Next year more people than ever will realize that bitcoin is a solution worth working on. 
 Many point to Uber and AirBnB as Herculean efforts by startups to play in legally gray areas to brute force the mainstreaming of products by making incumbent regulations look silly. Bitcoin is going to make Uber and AirBnB look like child’s play. 
 “Oh you made it easy for people to skirt the taxi medallion scam? Have you ever tried making it easy for people to skirt central bank control over money?” 
 They’ve printed trillions and those trillions have not been changing hands as is evidenced by the collapse in the velocity of money. 

This chart proves the COVID stimulus checks were nothing more than bread and circuses.

This is your monetary system on fiat. Abject favoritism.
https://m.primal.net/HVSd.jpg 
 On the train back to Philly after the last @PUBKEY meet up of the year and I’m not going to lie, freaks… I’m pretty bullish. 
 Wouldn't it be nice if the market operated on top of a monetary system that couldn't be manipulated by the whims of Fed board members who are constantly making emotional decisions driven by what their banking friends and politicians want to see happen?

https://tftc.io/jerome-powell-throws-in-the-towel/ 
 The Bank Secrecy Act and KYC/AML compliance regulations have proven to be wholly ineffective at achieving their stated goals and, instead, created a two-tiered justice system. 

Unsurprisingly, Senator Warren is doubling down on this failure.

https://tftc.io/elizabeth-warren-bitcoin/ 
 There aremany great insights in this rip with @kane but two stood out to me.

- China is running the Triffin's Dilemma playbook that made the dollar the reserve currency via their Belt and Road Initiative.

- "More will be caught than is taught."

https://tftc.io/bitcoin-on-the-geopolitical-chessboard/ 
 Can’t win if you don’t think you can. 

We’re going to win. 
Event not found
 @sahil it's time to stop air frying your steaks.