Si me canse de mentir fue porque la verdad lastima solo al principio.
Si me canse de dormir es porque a los sueños no los sueño dormido. 💤
Siempre que no pertenezca voy a pertenecer.
Here, Argentina, you wire money from bank to bank, business to business and you have to hold 30 minutes, enter a code from mail, a code from your encrypted signature and it might fail and have to retry. When you pay AFIP or ARBA (government) it’s instant, without barriers or holds, no passwords no extra shit. Pum, money gone.
I don’t know where you have been. But here in Argentina for example you need the client of the Uber in the front seat as if he/her is your friend or family. If the clients is in the back, then you are a driver, and you need special license, special permissions and other things. It’s not cultural, it’s the shitty government all over again
Yes! I was an Uber driver for 2 weekends to make some quick cash. About 6 years ago. Now they are relaxing the rules to drive passengers. Viva la libertad CARAJO!
Taxi drivers literally destroyed cars if they thought they were used for Uber, So, regulations or rules aside, it was not a good idea back then to have the passenger in the back.
I follow about 200 nostr accounts and only 10 of them or so are active. #plebchain a year ago and now they all left 🤣
Also I have about 600 followers and almost no interactions. When my posts gets a reaction I can always guess who reacted to it since they are always the same 4 accounts 😹.
Help me fix this please! #bitcoin doesn’t fix this!
Hey friends! #asknostr
How should I explain to my aunt that a tokenized building you buy on polygon chain is a scam or a good guy that doesn’t understand Bitcoin?
### Hyperbitcoinization: A Future of Sound Money and Global Stability
As inflation ravages fiat currencies worldwide, **Bitcoin** offers a pathway to stability through **hyperbitcoinization**, a future where Bitcoin becomes the primary global currency. This shift promises to reshape not only how we use money but also the structure of economies, promoting growth, deflationary progress, and long-term savings.
#### The Collapse of Fiat Currencies
Historically, **fiat currencies** have proven prone to inflation, with central banks often expanding money supplies unchecked, resulting in devaluation and economic instability. Bitcoin, by contrast, has a fixed supply of **21 million coins**, which ensures its scarcity and long-term value preservation. This characteristic makes it a form of “sound money” immune to governmental manipulation, as emphasized by **Friedrich Hayek** in *The Denationalization of Money*. Hayek argued that “monetary competition is essential for freeing money from state control,” a vision that Bitcoin embodies in the modern digital era.
#### Positive Deflation: A Driver of Productivity
In a Bitcoin-based economy, **deflation** is a sign of technological advancement rather than economic downturn. As **Murray Rothbard** explains in *Man, Economy, and State*, deflation in a sound money system allows productivity improvements to be passed on to consumers through lower prices. Unlike fiat-driven deflation, which often signals recession, Bitcoin’s deflation reflects the increasing efficiency of the economy. Citizens benefit as their purchasing power grows over time, fostering an environment of long-term planning and sustainable growth.
#### Low Time Preference: Investment and Saving
Bitcoin also lowers the **time preference** of individuals. As **Hans-Hermann Hoppe** argues, fiat systems drive people to consume quickly due to inflationary fears. In contrast, Bitcoin encourages a low time preference, motivating people to save and invest for the long term. Knowing their savings will hold or even appreciate in value, people and businesses are more likely to invest in long-term projects that drive innovation and technological progress.
This cultural shift fosters a stronger economic base, where innovation is rewarded, and speculative bubbles are less common. **Saifedean Ammous**, in *The Bitcoin Standard*, underscores this: “True economic freedom can only be achieved with a currency that is immune to state manipulation.” Bitcoin, as a deflationary currency, provides this freedom and stability, reshaping the foundations of modern economic thinking.
#### Technological Revolution: Lightning Network and the Circular Economy
The development of the **Lightning Network** represents a critical step in enabling Bitcoin to function as a medium of exchange for everyday transactions. The **circular economy** concept, highlighted by **Bitcoin Magazine**, envisions an ecosystem where Bitcoin is used across the board, eliminating the need for traditional banking systems. This circular economy reduces friction in international trade, bypasses intermediaries, and fosters a more resilient global economy.
Countries like **El Salvador** are already embracing this model, using Bitcoin as legal tender to reduce reliance on external financial institutions. As these technologies develop, Bitcoin’s role as both a store of value and a medium of exchange will expand, enabling smoother integration into everyday economic life.
#### Monetary Sovereignty: A Decentralized Future
Bitcoin not only decentralizes financial transactions but also offers a way for countries and individuals to reclaim **monetary sovereignty**. In a Bitcoin-based world, central banks no longer hold sway over national economies, and individuals can store wealth independently of traditional banking systems. **Hayek’s** vision of monetary freedom becomes a reality as Bitcoin allows for the disintermediation of finance, freeing people from the control of centralized institutions.
For nations that have experienced hyperinflation or sanctions, Bitcoin provides a way to regain control over their economies. This decentralization can lead to greater **financial inclusivity** and empower developing nations to operate outside the existing global financial system’s constraints.
#### Geopolitical Implications and the New Global Financial Order
The **hyperbitcoinization** of the world would shift geopolitical power dynamics. With Bitcoin as the dominant currency, reliance on the **U.S. dollar** as the global reserve would diminish, disrupting the current balance of economic power. Developing nations would no longer be subjected to monetary policies imposed by larger economies or international institutions, creating a more **balanced global economy**.
This decentralization of financial power will likely lead to a more transparent and equitable global economy, where nations and individuals have greater control over their financial futures. As **Saifedean Ammous** states, “A Bitcoin standard could return the world to a monetary system that values hard work and saving, freeing the world from inflationary monetary policies.”
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### Conclusion: A Bitcoinized Future of Stability and Growth
The transition toward **hyperbitcoinization** marks a profound shift in how economies function and how individuals interact with money. A world based on **Bitcoin** promises an era of stability, deflationary growth, and financial sovereignty. Unlike the unstable fiat currencies of today, Bitcoin’s fixed supply and decentralized nature will allow for a more secure and prosperous future.
Technological advancements, such as the **Lightning Network**, will enable Bitcoin to serve as both a store of value and a medium of exchange, supporting a vibrant circular economy. As nations and individuals adopt Bitcoin, the world will move towards a future where financial power is decentralized, and economic growth is driven by innovation and long-term planning.
The dawn of **hyperbitcoinization** is not just an idealistic dream but an inevitable reality. As fiat systems falter and inflation continues to erode trust in traditional currencies, Bitcoin offers a path forward to a world of sound money, economic freedom, and lasting prosperity.
Porque el vivir ya no me duele tanto solo al respirar.
Soy el de antes pero con más fuerza, pues si no te mata te enseña a pelear.
Llore tan fuerte que mi propio llanto me hizo levantar.
I don’t think so. Gold is not finite. Gold is scarce, but infinite. You can always “print” more gold. If you could lend all the gold in the world, you could mine more to pay interests.
If you could lend all the BTC in the world, where the hell you would get the interest when all 21.000.000 are mined and distributed?
We can make a system of lending and borrowing Bitcoin, but I don’t think interests can be paid in Bitcoin. I imagine a future where you lend bitcoin, and you get the exact amount back plus “real economy goods or services” in return as interests… am I crazy?
I want to write about hyperbitcoinization for my friends and family.
Do you have some reading material?
If I write something cool I may translate it and post it here
I wanted to be a miner so fucking bad that I spent almost one year wasting money trying to get an ant miner from Argentina. A friend of mine convinced me I should buy BTC instead and here I am. ALL IN.
Im starting to see my life as good as it is.
Maybe this year I can overcome this shitty emotional hole I’ve been the last couple of years.
I have my family, my girl, my friends and my 🐈⬛ 🐈 .
It’s just a matter of perspective.
My focus now is to be happy.
The only thing that I want to be and for the moment I can’t get there is a professional poker player. I’ll get there soon enough, studying a lot and playing the most without touching my stack.
Maybe some day I’ll hit a good price in a tournament and my career will start from there. I have been playing since last November and lost 3.000 USD in this period. It’s a lot of money, maybe it was better to stack more sats. But dreams do not come true stacking sats, dreams come true by dreaming and doing. I think of this lost as an investment on my quality of player.
If you want to support my career, you can always zap a little.
Thank you for reading this post. I hope your dreams come true too, or at least that you have the courage of chasing them!
Muchos hoy en día creen que son mejores que newton, Sócrates, y otros grandes de la historia. Pocos, se dan cuenta que sin ellos, no seríamos nosotros mejores. Somos enanos subidos en los hombros de los gigantes históricos
Mmm im not really sure. My job is great, “nice” salary (in Argentina…), I love my girl, love my family, have some time off, do sports, eat healthy.
But some days I wake up and feel shit. I don’t want to live that day. It hurts me just to be.
It’s all in my mind, not really have a motive I think. Professional help didn’t help at all and now I just let me be sad from time to time and keep hanging in there.
Since 2020, when I started buying bitcoin, I haven’t moved a single Satoshi out of cold storage. My dad hasn't moved a single Satoshi either, nor have my siblings, my uncles, my cousins, or my friends. Everyone who bought and continues buying bitcoin thanks to my 'non-investment advice' now has more bitcoin and never less. Each person, of course, according to their own scale and measure.
Using bitcoin, as you rightly said, doesn’t necessarily mean transferring or spending it. All of us use bitcoin by keeping it stationary, to protect ourselves from the inflationary and even confiscatory policies of the Argentine Republic.
This people aren’t thinking clearly… LIFE ITSELF is speculative. When you go out to work, you leave your house to get some money. You could be killed. In your speculation, you put in balance the chance of being killed and the money you WILL NEED SO YOU WONT STARVE. If you don’t go out, you starve and die, if you leave your house, you may or may not be killed. This is true in every turn of life. We all speculate.
I had a dream some days ago. I was wasting my time here not really reading anything and BAM!!! A zap came in, and then another, and another and another.
2.400.000 sats sent to my account.
When I woke up, I had nothing! 🤣
What’s with that strange number? Some thoughts?
I have 3 chairs, one plastic table. Two desks, one Desktop PC, a Bed, and 3 or 4 decorations.
Also a lot of bullshit things stored because when I was little I did love spending haha. (Selling, giving them away or even some going to trash)
That’s it. That’s my net worth. I would say I have some sats, but I lost all of them last summer in a 🚢 rekt
I won’t tell you you MUST, but you must haha.
Is a nice book to listen on audible or similar platform cause it’s too long to read to many people but listening to it is like listening a good sci-fi novel only it’s true and written so many years ago but so accurate today…
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