Taxation is what gives the currency value. It creates synthetic demand at the point of a gun. The government can't just print without taxing.


Who do we owe the money too?


Satoshi is emailing people?


Looked for 20 minutes. Can't find a copy of the manifesto


Higher rates cause inflation because the government prints to pay the interest.


They have also lowered interest rates significantly.


What would Jesus wear?


No such thing as private property.  If I stop paying property tax, it won't be long before I find out who owns what. We are renters/managers of the states property.

There is only force and avoidance of force. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then it is the property of the state. If I try to protect my property from the state, I will become the next Waco.

Bitcoin solved the impossible contradiction of making something that is intangible and abstract simultaneously scarce.
That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal. Afterall, how do you steal an intangible abstraction?

The previous 10,000 years since Mesopotamia will be recategorized as proto civilization as historians look back at the inception of Bitcoin as the birth of private property and civilization itself. Instead of saying "taxes are the price of civilization", people will say "taxes are the seed of barbarism".

People will be shocked that there was ever a time when people would be threatened, at gunpoint, to be thrown into a rape cage just because they didn't want to hand over resources to strangers.

The nation state will dissolve into a curiosity of the past and the festering of nationalism and world war will shrivel up under the light of Bitcoin.


No such thing as private property.  If I stop paying property tax, it won't be long before I find out who owns what. We are renters/managers of the states property.
There is only force and avoidance of force. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then it is the property of the state. If I try to protect my property from the state, I will become the next Waco.
Bitcoin solved the impossible contradiction of making something that is intangible and abstract simultaneously scarce.
That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal. Afterall, how do you steal an intangible abstraction?
The previous 10,000 years since Mesopotamia will be recategorized as proto civilization as historians look back at the inception of Bitcoin as the birth of private property and civilization itself. Instead of saying "taxes are the price of civilization", people will say "taxes are the seed of barbarism".
People will be shocked that there was ever a time when people would be threatened, at gunpoint, to be thrown into a rape cage just because they didn't want to hand over resources to strangers.
The nation state will dissolve into a curiosity of the past and the festering of nationalism and world war will shrivel up under the light of Bitcoin.


Politics is one of the lowest forms of intellectualism.


That %9 dividend though...


Just hodl bitcoin and you will be fixed.


Sure but if it depends on the ranting of ideologues then it will fail. Which is a point the OP seems to me making. Bitcoin depends on game theory, incentives and network effects. Not ideology.


If bitcoin depends on ideology then its fucked.


No such thing as private property.  If I stop paying property tax, it won't be long before I find out who owns what. We are renters/managers of the states property.
There is only force and avoidance of force. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then it is the property of the state. If I try to protect my property from the state, I will become the next Waco.
That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal, even if the thief has a monopoly on violence.


"The best leaders are the leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

-Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive little acclaim. People will attribute themselves. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise. Bitcoin just does what it does, one block at a time.


"The best leaders are the leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

-Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive no acclaim. People will attribute themselves. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise. Bitcoin just does what it does, one block at a time.


"The best leaders are leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

-Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive no acclaim. People will attribute themselves. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise. Bitcoin just does what it does, one block at a time.


No such thing as private property.  If I stop paying my property tax, I will find out who owns what. We are renters/managers of the states property.
There is only force and avoidance of force. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then it is the states property. If I try to protect my property from the state, I will become the next Waco.
That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal, even if the thief has a monopoly on violence.


He could turn on the money printer and start setting up miners.


No such thing as private property.  If I stop paying my property tax, I will find out who owns what. We are renters/managers of the states property.
There is only force and avoidance of force. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then it is the states property. If I try to protect my property from the state, I will become the next Waco. That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal, even if the thief has a monopoly on violence.


Haha killed it!


No such thing as private property. There is only force and avoidance of force. If I stop paying my property tax, I will find out who owns what. We are renters/managers of the states property. If I can protect my property with force, then it is my property. If I rely on the force of the state to enforce my "property rights", then its is the states property. If I try to protect my property from the state, I will become the next Waco. That is why Bitcoin is the closest thing to private property that has ever existed, because it is so difficult to steal, even if the thief has a monopoly on violence.


I hate statists.


No such thing as illegal immigration.


Nationalization of mining could be seen as a national security issue soon. What's interesting about that is that mining is capital intensive but the government can just turn on the money printer.


Can't get behind this whole battery idea. How is it a battery?


I went to a intro to foster care meetup a few months ago to ask questions and they have those kids locked down. Its really sad, another example of the state failing children.

For example: I asked if I can take the kid
snorkeling/diving. They said I can't let them get into any body of water without a certified lifeguard nearby. I can't get the kid a haircut with permission. If I get more than one, each kid has to have their own room even if same gender... even though I and most of humanity throughout history shared rooms with their siblings.

I'm thinking at this point, it would make more sense to adopt once I expatriot to a country  where adoption/foster is easier.

One more antidote: my friends sister had a kid she was going to put up for adoption. My friend decided to adopt the kid and she had to pay the adoption agency $10-15k to adopt her own niece...


I can't justify making a new one when theres so many out there in need of a father...


But we don't know how much of their success is due to fiat...


Worked for me...


Christian's definitely took this one to heart haha. Can't tell you how many times they have tried to tell me about their religion. Case in point.


Christian's definitely took this one to heart haha. Can't tell you how many times they have tried to tell me about their religion.


The Asus zen phone was the last small phone but they just increased the size :(


Definitely not the only way to store value.


Just gotta photoshop Saylor on the tv lol.


Why do economists keep titling their books "Principles of Economics" when it has already been used a million times?


spiritess

If you have to explain to someone why something is money, then it isn't money. Regression Theorem of Money maximalist.


My post on deep value investing got 28k views in 48 hours O.O

https://www.reddit.com/r/ValueInvesting/s/8FNCEfKiER


My post on deep value investing got 28k views in 48 hours O.O
https://www.reddit.com/r/ValueInvesting/s/8FNCEfKiER


There are 3 types if deflation:

1. Deflation from a credit crunch.
2. Deflation from a government surplus.
3. Deflation from increasing the efficiency of labor.


Honestly the dark ages are underrated. Not slot of big government happening at that time. Just people farming.


Science is doing controlled experiments, which is quite limited.


There are 3 types if deflation:

1. Deflation from a credit crunch.
2. Deflation from the government running a surplus.
3. Deflation from increasing the efficiency of labor.


This is supposed to be ETHs big moment. The ETF isn't out yet but the market should be pricing it in... but it just can't hang with Bitcoin. The price looks like it is about to breakdown.
 https://image.nostr.build/6a01cd6d3f3bf6a686f99746ed2a572d835bbcf703a391a4b02869e98a1ed2f2.jpg


"The best leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

-Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive no acclaim. People will attribute themselves. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise. Bitcoin just does what it does, one block at a time.


This is supposed to be Eths big moment. The ETF isn't out yet but the market should be pricing it in... but it just can't hang with Bitcoin. The price looks like it is about to breakdown.
 https://image.nostr.build/6a01cd6d3f3bf6a686f99746ed2a572d835bbcf703a391a4b02869e98a1ed2f2.jpg


This is supposed to be Eths big moment. The ETF isn't out yet but the market should be pricing it in... but it just can't hang with Bitcoin. The price looks like it is about to breakdown. https://image.nostr.build/6a01cd6d3f3bf6a686f99746ed2a572d835bbcf703a391a4b02869e98a1ed2f2.jpg

alt This is supposed to be Eths big moment. The ETF isn't live yet, but the market should be pricing it in... but it just can't hang with Bitcoin. Looks like the price is about to have a breakdown


Same, Jeff talked me into it ~_~
Never was a tweeter, but I'll give it a try.


Why not both?


"The best leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

-Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive no acclaim. People will attribute themselves. The people won't adopt it until their government taxes them in it and that's okay. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise. Bitcoin just does what it does, one block at a time.


"The best leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

-Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive no acclaim. People will attribute themselves. The people won't adopt it until their government taxes them in it and that's okay. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise.


"The best leaders the people barely know. When they accomplish their task and complete their work,
the people say, "We did it ourselves.""

Lao Tsu

Once Bitcoin has reshaped the world and our institutions are righted, it will receive no acclaim. People will attribute themselves. The people won't adopt it until their government taxes them in it and that's okay. The world will never understand the role money plays in society and that's okay. There is no need for recognition or praise.


No such thing as vice or virtue. There are only acts of love and acts seeking love.


No such thing as virtue or vice. There are only acts of love and acts seeking love.


No such thing as virtue or vice.