Humbly smash buy Bitcoin today for your future bloodline.

🇺🇸🦅🫡


Claiming that #Bitcoin has “failed” as a medium of exchange is like claiming Michael Jordan “failed” at basketball because he couldn’t play the game in handcuffs.

Level the Fiat Income Tax playing field between #Bitcoin & the Dollar and see what happens.


Abolishing Income Taxes is the best Bitcoin Improvement Proposal today.

It would help Bitcoin scale and become more private, and there are no forks required.

🦅🇺🇸🫡


Fiat Bots: Think less, do more! All talk, no action! Ideas are easy, execution is the hard part!

Me: Do what? Act how? If ideas are so easy, then why is society following bad ideas? In a knowledge economy, it behooves you to know more… “doing more” is for slaves.

Know Bitcoin.


All production is a proof of work.

Except for Dollar production.

The Banks create that for free.

Then they loan the Dollars to you plus interest.

And if you don’t pay them back, they take your house.

Do you see?

Study Bitcoin.


Bitcoin is to Dollars as Esau’s Birthright is to Jacob’s Red Stew.

Bitcoin is to Dollars as Lifeboats are to the Titanic.

Bitcoin is to Dollars as The Ten Commandments are to the Golden Calf.

The Dollar price of Bitcoin is an Oxymoron.


Bitcoin + The Bill of Rights = America’s Immune System


A Barter market is a sign of health in the overall economy, not weakness.

If there isn’t a decent amount of Barter happening in your economy, then maybe your economy isn’t as Free as you think.

Barter, Bitcoin, and Freedom are mutually beneficial.


The Bitcoin Difficulty Adjustment is a stability/predictability mechanism.

The Segregation of Duties and Cost Asymmetries between Bitcoin nodes, miners, and keyholders is a security mechanism.


The Free Riders in control of Fiat Clown World despise Bitcoin because of its Free Rider Resistance technology.

Study Bitcoin if you’re sick and tired of being exploited by the Fiat Free Riders.


The way I see it, Saylor and MSTR will either hasten or delay our journey to a Bitcoin Standard.

But either way, Bitcoin will remain the Dominant Strategy for every human on this planet.

Nothing stops this chain.


What would it seem like if it seemed like the Clown Lords were intentionally blocking the Exits from Clown World?

2 assassination attempts on a POTUS Candidate doesn’t seem too far off.

Exit through the Bitcoin Gift Shop.

For our struggle is not against flesh and blood…


Fiat Debt creates Debt Slaves via imaginary Fiat IOUs + Compounding Interest on the Debt.

Congratulations, we played ourselves… again.

Got Bitcoin?


What would it seem like if it seemed like Bitcoin is the Dominant Strategy to the Dollar Prisoner’s Dilemma regardless of who wins the Clown World Elections?


The Segregation of Duties and Asymmetric Cost Functions between Miners and Full Nodes is literally what powers and secures the Bitcoin network.

Any change to this arrangement would break Bitcoin as we know it.

Miners and Full Nodes need each other.


Once you realize the Debt is 100% imaginary, you start to view the world a little bit differently.

Then you will probably study Bitcoin in earnest.


Given that almost all Debt in existence was enabled by the scams known as Fractional Reserve Banking and Central Banking, then we should Forgive the Debt and write it off.

Then we can reset on a sound foundation with Free Trade based in hard commodities such as Bitcoin.


If you want people to have more kids, then Abolish Income Taxes.

If Govt stops stealing from people, then people can accumulate the wealth and resources necessary to bring more kids into this world.

If we stop being retarded, we might just save humanity.

Study #Bitcoin.


Just food for thought… infinitely diminishing subsidy seems like an interesting element of predictability for the whole protocol… a sort of predictable but diminishing constant

Maybe our grandkids or great grandkids will have some fresh ideas to implement it if it makes sense…

Agreed that no one has any serious reason to fork the code over this today


So you’re saying an infinitely diminishing subsidy that keeps the supply growing ever nearer to the 21 million limit violates absolute scarcity?


Wrong. #Bitcoin would just get closer and closer to the 21 million supply cap forever instead of the subsidy running out circa 2140.

Study asymptotes.


I think John Nash’s concept of asymptotic money with an asymptotic inflation curve is intriguing.

In theory, maybe it makes sense to let the #Bitcoin subsidy approach zero… forever.

Just some half baked food for thought…


Proof of Work > War

#Bitcoin’s Proof of Work protocol can be a positive sum game for all participants.

War is a zero sum game at best and a negative sum game at worst.

#Bitcoin is the Dominant Strategy.

Make #Bitcoin not War.


Lots of good arguments to be made for Biden and many other American Presidents


Mt. Rushmore of American Traitors:

Benedict Arnold - OG traitor

Woodrow Wilson - gave us The Fed, Income Tax, total scumbag

Jay Edgar Hoover - Scum of the Earth

Richard Nixon - killed Gold Standard, probably a puppet president, maybe more a symbolic traitor

Got #Bitcoin?


Regulation of weights & measures is necessary for science, & commerce… the power to "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures” is given to Congress in Art 1 Sec 8.

Money needs fixed standards.

Study #Bitcoin.


Perhaps the greatest Irony ever is that Paul Krugman’s downplaying concerns about rising debt loads is the best reason for why it all needs to be Forgiven with a Global Jubilee.

Then humanity can get on with using hard commodity money.

I remain long Irony and #Bitcoin.


Let’s say market price of beef & butter is 1,000 & 500 Sats/pound, respectively.

We don’t have any #Bitcoin, but I have 1 pound of beef & you have 2 pounds of butter.

We can still use #Bitcoin price signals to negotiate a rational price.

1/2 lb of beef for 1 pound of butter.

This is why I say #Bitcoin price signals scale faster than UTXOs.

In a true free and open market where producers can directly barter with each other, workers don’t need to actually own #Bitcoin directly to use Bitcoin price signals to facilitate a fair & rational trade.


#Bitcoin is backed by random acts of honest work.

This randomness is essential to Bitcoin’s Patient Ferment Power Law Mental Model, which has yet to be invalidated after 15+ years of Bitcoin’s existence.

I might be the only person who understands this… for now.

😉😏🫡


Some people like to contribute their resources to the Church.

Some people like to contribute their resources to the State.

I like to contribute my resources to #Bitcoin because it’s better than any economic incentive system that the Church or State has ever come up with.


Income Tax exemptions help #Bitcoin scale and become more private at the same time.

No hard forks or soft forks required!!😀

Let’s stop being stupid and pick our battles wisely.


Contingency and redundancy of a % of my online Bitcoin connections if/when they tighten the vise-grip on Twitter and other social media sites…

The knowledge/hive mind network of Bitcoin users online is a huge positive for the Bitcoin network… I want to stay tapped into and engaged with that


#Bitcoin and Free Markets are fundamentally about trusting the verifiable free market price discovery process while staying committed to basic quality control standards.

Given #Bitcoin is the lowest common denominator of the Future, we should keep things as simple as possible.


You seem like a mental gymnast trying to escape the Truth.


I’m not reading all that.

Our “government” that represents society creates no value for our tax dollars. It is pure unadulterated theft and parasitism.

It all needs to be abolished and we need a complete reset starting fresh with first principles.

Thou shalt not steal, accurate and honest weights and measures, etc…


Whatever “debt” you speak of that I may or may not owe to your nebulous “society” in no way justifies systemic theft.

“Society” is not my Master, and we are not its Slaves.

Taxes and money printing are theft. If you disagree, you’re just being logically and ethically dishonest.


The “programs” are bankrupt and completely disconnected from economic reality and accountability.

Your assumptions about what I think couldn’t be less accurate and have nothing to do with my OP.

#Bitcoin is not compatible with systemic theft, which is what all Govt programs are


One way or another Marxist Clown World brainwashing has to be reversed, which includes everything I mentioned.

#Bitcoin needs fertile soil to grow in

Which is just The Truth.

It’s fine if you disagree. The Truth doesn’t care.


Hopium doesn’t change the Truth.


People don’t understand how much they will have to change along with collective culture in order to get the most out of #Bitcoin.

Abolish Income Taxes
End the Fed
End the Forever Wars
Abolish Bankrupt Entitlements
Forgive the Fake Debt


#Bitcoin cannot truly set us free until we abolish Income Taxes, Social Security, Medicare, The Fed, and the Fake Fiat Debt.

You can disagree and bitch and moan about it all you want, but the Truth doesn’t care.


Dishonest and inaccurate weights and measures are incompatible with the Scientific Method, Free Trade, and Human Flourishing.

Exit Fiat Clown World through the #Bitcoin Gift Shop.


When a node receives a block, it checks the signatures of every transaction in it against previous transactions in blocks. Blocks can only contain transactions that depend on valid transactions in previous blocks or the same block. Transaction C could depend on transaction B in the same block and B depends on transaction A in an earlier block.


Time, Energy, Human Willpower, and God (whatever God means to you) are #Bitcoin’s greatest allies.

#Bitcoin is Sacred.

But #Bitcoin is not God.

#Bitcoin simply helps us maintain accurate and honest weights and measures, so we can live long in the land our Creator has given us.


#Bitcoin will not flourish in a world of oppressive systemic theft via taxation and money printing.


Totally agree


Bitcoin’s deficiencies pale into insignificance compared to the problems caused by excessively large and intrusive governments.


Voting is downstream of narratives.

Study #Bitcoin so you can control your own narrative.


Don’t bitch and moan about #Bitcoin not being scalable or private enough when you could be bitching and moaning to the Federal Govt about Abolishing Income Taxes.

Channel your bitching and moaning wisely.

Income Taxes are theft and a massive violation of privacy.


Them: We have to activate Covenants & CISA to help #Bitcoin  scale and become more private or else Bitcoin will fail!!

Me: Abolishing Income Taxes helps #Bitcoin  scale and become more private at the same time without changing any core code at all.

Them: reeeeeee nooooooooo


Donald Trump is a creature of mainstream media… The same mainstream media that lied about 9/11, WMDs, Mortgage crisis, Covid, the Food, the Money, and so much more

Trump was also chosen by God to Save America. 🤡

Exit Clown World through the #Bitcoin  Gift Shop.


A real miracle would be Abolishing Income Taxes, Cancelling Entitlements, Ending the Fed, Ending the Forever Wars, and embracing fixed standards of monetary weights and measures with #Bitcoin.

Don’t get sucked into Donald Trump’s cult of personality.


Last time I voted for a mainstream presidential candidate was 2004 & 2008, a Republican and a Democrat.

Since then I accumulated 15+ years of empirical evidence via lived experience that overwhelming suggests #Bitcoin is the solution, not voting for a Republican or Democrat.


No politician needs my vote to win an election. There’s plenty of willing voters out there.

But every politician needs #Bitcoin if they want to save the Nation.

#Bitcoin is the dominant strategy.


#Bitcoin is compatible with Accounting Principles.

Fiat Clown World is incompatible with Accounting Principles.

Study #Bitcoin.


If you don’t understand why saying #Bitcoin will trade for 0 dollars in the future is a bullish statement about #Bitcoin, then you still don’t understand lowest common denominators or #Bitcoin.


In no universe does humanity reach its full potential with Theft literally encoded into the DNA of the economic system via Income Taxes and Money Printing.

Stealing is antithetical to human civilization.

Thou shalt not steal.

Study #Bitcoin.


Doesn’t hurt for anyone to be familiar with the Wikipedia on manufacturing consent.

But I especially recommend it for the #Bitcoin  Players.

Theatricality and deception are powerful agents to the uninitiated. https://en.m.wikipedia.org/wiki/Manufacturing_Consent


Don’t be so sure of things that you can’t verify for yourself.

It’s doubtful we’ll ever get the full story about yesterday… or many other horrible misdeeds that have taken place throughout human history.

But anyone can download and verify the full story on #Bitcoin anytime.


Global Debt Jubilee is coming.

More people are waking up to the fact that the vast majority of “Debt” is invalid because it was created out of thin air by Central Banks and Fractional Reserve Banks.

Forgive the Debt. Then embrace hard commodity money like #Bitcoin.


Egocentric #Bitcoin Players have ignored Satoshi’s essential wisdom of creating healthy boundaries between identities and ideas.

Ideas > Personal Identity


To whom it may concern,

If Global Debt Jubilee and #Bitcoin aren’t part of your soft landing strategy, then I recommend incorporating them into your playbook.

Sincerely,
₿itcoin ₿ombadil


#Bitcoin is to the Tortoise as Ethereum is to the Hare.

Be the Tortoise.

https://media.tenor.com/jJTfhBnUNMEAAAAe/normal-day-lame.png


A debt jubilee is a kind of difficulty adjustment.

Study the ancient paths.

Study #Bitcoin.


When #Bitcoin doesn’t flourish, you fix the environment in which it grows, not #Bitcoin.


Time as we know it is observable and verifiable Proof of Work.

Sunrise. Sunset.
Full Moon. New Moon.
Spring. Summer. Winter. Fall.

#Bitcoin’ s Proof of Work protocol balances on top of another Proof of Work protocol known as Time via the 10 minute difficulty target.

Time on Earth is an objective unit of measure that we calculate by observing various Physical Work Cycles/Intervals of the Universe.

#Bitcoin’s Proof of Work protocol is anchored to God’s Proof of Work protocol.

What’s not to like?


“In the Malaysian tropical forest the Chewong people believe that every so often their own world, which they call Earth Seven, turns upside down so that everything is flooded and destroyed.”

-Fingerprints of the Gods, by Graham Hancock


Me: Abolish Income Taxes to improve #Bitcoin privacy & scalability.

Them: That won’t happen! It’s too hard to end Income Taxes! Just activate Covenants. Satoshi wasn’t omniscient!

Me: I prefer hard choices, easy life. You prefer easy choices, hard life, which is why you fail. https://qph.cf2.quoracdn.net/main-qimg-6f2f53210be811ef136c49ca9b46e1e4


#Bitcoin influencers are ignoring the most important limiting factor effecting #Bitcoin scalability and privacy (income taxes) and instead they’re focusing on promoting new Op_Codes, drivechains, BlockSize increases, and other half baked ideas..


The best way to improve #Bitcoin Privacy and Scalability is to Abolish Income Taxes.

#Bitcoin influencers don’t talk a lot about this… they don’t want to be targeted by the Tax Man. I get it.

Sadly, these influencers spend their time promoting new Op_Codes instead.

Few.


#Bitcoin is backed by Random Acts of Energy.


Chemistry and Physics are experimental sciences built on Standardized systems of Objective measurement.

If we even want to pretend that Economics is an experimental science, then we need to agree to a Standardized system of Objective measurement in our Money.

Got #Bitcoin?


The Dollar price of #Bitcoin is an Oxymoron.

The Dollar price was an Oxymoron at $10 per #Bitcoin.

The Dollar price will still be an Oxymoron at $100 million per #Bitcoin.


#Bitcoin security emerges from the segregation of duties and asymmetric cost functions of its key constituencies aka Miners, Full Nodes, and Key Holders.


The concept of “Price” is a natural byproduct of common denominators and work inputs.

Study #Bitcoin.


Debt slavery makes humanity weaker as a species.

Equity partnership makes humanity stronger as a species.

Study #Bitcoin.


Income Taxes limit the full impact of #Bitcoin’s Network Effect.

It’s as simple as that.

Any #Bitcoin Player who dismisses the negative impact Fiat Taxes have on #Bitcoin ’s utility and adoption are just being disingenuous and showcasing a massive blind spot in their thinking.


Patience leads to maximum flexibility & optionality for #Bitcoin as we brainstorm more ideas while our #Bitcoin boat keeps floating and the Fiat boat keeps sinking.

Abolishing Income Taxes is the lowest risk/highest reward way to help #Bitcoin on scalability & privacy fronts.


SCOTUS should have dismissed the Trump Immunity case without judgement because it’s Frivolous and told the Defense and Prosecution to go do something better with their time.

Instead all we get is a dangerous precedent.

#Bitcoin doesn’t recognize dangerous precedents.


The best way to help #Bitcoin  scale and become more private with Zero risk to the Protocol is to Abolish Income Taxes. We should resist adding more functionality to #Bitcoin ’s code until we dismantle Income Taxes in Meatspace.

Good Morning.


The best way to help #Bitcoin scale and become more private is to Abolish Income Taxes.

No hard fork or soft fork required.

Few understand this.


Different ways to allocate capital & resources shooting from the hip:

Give it to a Church to allocate it.

Give it to a Govt to allocate it.

Give it to a Banker to allocate it.

Give it to a Skilled Entrepreneur to allocate it.

Convert it to #Bitcoin and allocate it yourself.


Make no mistake. There are Dueling Trojan Horse Attacks.

Fiat is trying to Trojan Horse #Bitcoin.

#Bitcoin is trying to Trojan Horse Fiat.

But #Bitcoin is still the Dominant Strategy, which Thiel seems to miss wittingly or unwittingly… my gut says it’s more of the former.


“Nothing gave Vanderbilt more satisfaction, one could almost say real pleasure, than running an enterprise, any enterprise, at top efficiency. Waste deeply offended him…”

-The Scarlet Women of Wall Street, John Steele Gordon

Vanderbilt would have loved #Bitcoin Mining.


“Silver acted as the main monetary measure, against which barley, copper, and other basic commodities were valued in a grid with fixed price ratios for payments.”

-Temples of Enterprise, Michael Hudson

I suspect #Bitcoin could benefit from commodity price grids too.


#Bitcoin will help humanity coordinate economic activity, co-measure economic value, and productively generate and allocate resources like the Ancient Mesopotamian Temples did thousands of years ago.

Only #Bitcoin will be even better.


“Large scale handicraft production and other specialized labor in the palace and temples needed forward planning and resource allocation. That required account-keeping, which in turn requires volumetric measures for crops and the distribution of raw materials obtained in foreign trade. What today is thought of as a monetary system became the organizing principle to denominate credit and exchange during the crop year, and to pay debts and other obligations at harvest time.”

-Temples of Enterprise, Michael Hudson

#Bitcoin is a new way to solve age old problems.


“Grain was designated as a unit of account to calculate values and co-measure labor time and land yields for resource allocation.”

“When information piles up and is not synthesized, it becomes useless: a good bureaucrat needs to be able to compress data.”

-Temples of Enterprise, Michael Hudson

Ancient Temples and Palaces understood the importance of data compression and common denominators to facilitate exchange.

#Bitcoin compresses economic information better than anything on the planet.


Mesopotamia’s palaces/temples designated grain & silver as reference points to co-measure the wide range of txs within their institutions & larger economy for grain, textiles, beer, boat transport, & ritual services.

-Temples of Enterprise, Hudson

Ancient analog #Bitcoin.


The sounder the price signal, the more optimized in-kind barter transactions can become.

Price matrices across a wide range of goods and services facilitate more free trade.

You just need to pick a common denominator.

#Bitcoin


Big Bruv is trying to provoke Little Bruv.

Don’t fall for the trap, Little Bruv.

Big Bruv wants to pick a fight. He needs an excuse to inflict pain and steal your life from you.

Leave Big Bruv behind through the #Bitcoin Gift Shop double mids blazing.

🖕🏼😎🖕🏼


2.1 Quadrillion #Bitcoin units and 10 minutes are the two most based monetary measures on the planet today.

#Bitcoin is Lowest Common Denominator Money.


#Bitcoin is the greatest catalyst for positive sum economic activity in human history.


That’s amazing… thanks for sharing that…


The human brain requires more energy than any other organ in the human body.

Lesson in that.


“If the earliest urban zones are to be viewed as regimes, the archaic concept of regime was not our modern idea. The word is semantically related to regulate, and also reflects the idea of regularity, connoting the spirit of equity and even-handedness… the underlying spirit is one of standardization. Weights and measures are regularized, as are contractual commercial dealings. Parties are treated equally and symmetrically rather than dominated, and relations are formalized to minimize dispute.”

-Temples of Enterprise by Michael Hudson on #Bitcoin.


“To perform this neutral role, such sites tended not to develop at the center of their communities, but at boundaries or natural crossroads between diverse communities, or on islands.”

-Temples of Enterprise by Michael Hudson

Göbekli Tepe?
Ġgantija?
Ancient #Bitcoin?


“Centered on their city-temples, archaic urban sites served as neutral zones for diverse groups to come together to transact arms-length commerce under an umbrella of common agreed-upon rules.”

-Temples of Enterprise by Michael Hudson

Sounds like Ancient #Bitcoin to me.


Historically speaking, it doesn’t seem crazy to say that the Church/Religious Institutions have been better at central economic planning and resource allocation in the interest of the greater good than State-run democratic institutions…

… and then Satoshi gave us #Bitcoin.


#Bitcoin changes the center of gravity of economics in ways that make a lot of people uncomfortable, including Bitcoiners.

Let the #Bitcoin medicine do its work for another 15 years with minimal intervention, and I think humanity will be better for it… not just Bitcoiners.


The high priests & god kings of Mesopotamia understood the importance of Debt Forgiveness better than modern day rulers.

Forgive the Fugazi Fiat Debt and watch humanity flourish as we liberate millions from Debt Slavery.

Then Exit Clown World through the #Bitcoin Gift Shop.


Ancient Mesopotamian Temple complexes, with their standardized systems of weights and measures were more competent Bankers, Economic Planners, and Resource Allocators than The Fed, ECB, and BoJ are today.

What’s neat is #Bitcoin lets you be your own Ancient Temple & Bank.


There is evidence Ancient Temples played a key role in the development of standards of monetary weights and measures, commodity exchange, accounting/record keeping, personal savings accounts, and economic coordination.

#Bitcoin has ancient “religious” roots.


Once you study the economic, monetary, and accounting functions of Ancient Temples, you start to see similarities with #Bitcoin… except the #Bitcoin protocol is more robust and secure.

Ancient “Religion” was key to scaling human civilization.

And #Bitcoin  is a religion.


#Bitcoin is a step function design and execution improvement over traditional economic resource allocators such as organized religions and organized governments.

#Bitcoin will help humanity allocate resources better than ever before.


If the MSTR Board of Directors and Michael Saylor want to be a high quality fiduciary to MSTR stockholders, then withdrawing all of their #Bitcoin from Coinbase Custody into a new custody solution is the lowest hanging fruit I can imagine.


Don’t let the Central Banks and Clown Lords run a Lloyd Christmas attack on your #Bitcoin. https://media.tenor.com/RhrwK25DsTIAAAAC/dumb-and-dumber-iou.gif


Proof of Work creates the Network.

Don’t put the Cart before the Horse.

Study #Bitcoin.


Are nation states adopting #Bitcoin?

Or is #Bitcoin annexing nation states?😏

Inquiring minds want to know…🤔


The #Bitcoin movement is going to annex more and more nation states and other human organizations all over the world without a military.

🇺🇸🇦🇷🇸🇻🇵🇹🏴☠🫡


The best way to scale #Bitcoin is to abolish coercive global Marxism in meatspace by eliminating Theft by Taxation and Money Printing and forgiving all the Fugazi Fiat Debt.

Please signal your support for these BIPs.

BIP End the Fed
BIP Abolish 16A
BIP Debt Jubilee


I hope I live to see the day that Bitcoiners figure out how counterproductive it is to change #Bitcoin’s core protocol anymore before we defeat Fiat Marxism in meatspace. Support these BIPs (no forks required)

BIP Abolish the 16th Amendment
BIP End the Fed
BIP Jubilee


Don’t let #Bitcoin distract you from the Freedom Movement.

The Freedom Movement has been around longer than #Bitcoin .

#Bitcoin is part of the Freedom Movement… not vice versa.

Please consider supporting my BIPs

BIP End the Fed
BIP Abolish 16A
BIP Jubilee


We achieved “consensus” for SegWit and Taproot activation. Therefore, SegWit and Taproot had zero flaws and were both perfect “upgrades”.🤡

If #Bitcoin Gamers don’t try to critically evaluate our history, then we’re gonna have a bad time.


What if I told you one of the big reasons people are skeptical of more changes to #Bitcoin is because the recent big changes we made to date (SegWit & TapRoot) have made all of us smarter about the path forward?


The US Dollar system is so hopelessly broken and corrupt, that I would still be a #Bitcoin user even if we never activated SegWit or Taproot.

End the Fed.
Abolish Income Taxes.
Abolish Social Security & Medicare.
End the Forever Wars.
Forgive the Fugazi Fiat Debt.

🇺🇸🫡


Them: If you don’t like Covenants on #Bitcoin, then don’t use them. It doesn’t impact or connect to you at all.

Me: The entire #Bitcoin network is interconnected.


Expecting #Bitcoin to solve all of our problems without canceling Central Banking and Income Taxes in meatspace is like expecting Michael Jordan to win a basketball game with both hands tied behind his back.


Let’s add restrictive Covenant functionality to our Clocks, Weighing Scales, & 12 inch rulers.

These measuring tools aren’t expressive or restrictive enough and it would be nice if they had more functionality.🤣🤡

#Bitcoin needs its users to be more patient and thoughtful.


Catechism > Covenants

Study #Bitcoin


Simply put, we’ve never given #Bitcoin a chance to exist without Central Banking or Fiat Income Taxes… or Marxism in general.

We shouldn’t change #Bitcoin to fit in better with existing Culture.

We should change our existing Culture to fit in better with #Bitcoin.


The fastest way to increase high conviction #Bitcoin adoption is to be patient, stop changing core parameters, and stop adding new functionality.

Stop fucking with it, and #Bitcoin will be just fine.

#Bitcoin is not retarded.

It’s We the Players who get retarded sometimes.


The notion #Bitcoin must scale by being used for every economic tx doesn’t map to history.

Historically, in-kind trade (barter) existed alongside trade based in precious metals like gold and silver.

Barter complements Silver & Gold.

Silver & Gold might complement #Bitcoin.

Money, at its root, represents a standard of value that people can use to compare to other goods and services to calculate hierarchies of value.

In this sense, #Bitcoin ’s Price Signal will become the benchmark people use to calculate a hierarchy of value.


#Bitcoin isn’t just going to become the World Reserve Money.

#Bitcoin is also going to become the World Reserve Price Signal.

And the Price Signal will help Free Markets scale faster than the Money.

Few understand this.


There is no such thing as accountability without verification.

Study #Bitcoin.


#Bitcoin solves the Free Rider Problem of the Collective Action Problem.

#Bitcoin is a next level breakthrough in human coordination, collaboration, cooperation, & resource allocation.

And people are still valuing it in terms of a fraudulent currency: the Dollar.

Lolz.


The pressure to activate things like Covenants or Blocksize increases to #Bitcoin ASAP reminds me of the pressure to take the Covid vaccine.

"If you don't do this, then [insert fear mongering reason]".

Patience & diligence will pay off for us.

Time is on our side.


Income Taxes undermine the 13th Amendment.

Study #Bitcoin.


#Bitcoin can only show you that narrow path called The Way.

You’re the one who must follow it.

#Bitcoin can only solve one half of all your problems.

You’re the one who must solve the other half.


I can live with Users in meatspace controlling How and Why restrictions/decisions spending their #Bitcoin.

I don’t need to outsource any part of the How and Why decision making responsibilities to the #Bitcoin protocol… it’s too much burden afaict.


Today, Fiat Clown World and Bitcoin User Behavior are spammy & volatile enough as it is.

I see no need to introduce a BlockSize increase or Covenants to #Bitcoin’s core DNA at this time.

We need to be Patient and do more educating about #Bitcoin fundamentals in meatspace.


A nation is only as good as the quality of its people.

#Bitcoin helps people become better people and helps nations become better nations.


If banks like JPM & BofA really wanted custody of #Bitcoin, then I suspect Congress would override Biden’s veto in short order, right?

Banks can pressure politicians just fine.

So maybe Banks don’t want custody.

Banks might like #Bitcoin at arm’s length.


When someone can show me how everyone’s vote gets verified, I MIGHT consider taking time out of my life to go LARP for democracy and vote.

Until then, owning #Bitcoin and writing letters to representatives and engaging people on Twitter is a more effective use of my time.


Self-custodying #Bitcoin and not voting is fine.

Self-custodying #Bitcoin and writing a letter to your representatives is better.

Self-custodying #Bitcoin and LARP voting for Red or Blue is whatever….

Let me know when you can verify that your vote is fairly counted.


I can live with Users in meatspace controlling How and Why restrictions/decisions spending their #Bitcoin.

I don’t need to outsource any part of the How and Why decision making responsibilities to the #Bitcoin  protocol… it’s too much burden afaict.


#Bitcoin can survive in a Debt and Theft based Fiat Marxist system in Meatspace.

But #Bitcoin cannot thrive and heal Human Civilization in a Debt and Theft based Fiat Marxist system in Meatspace.


"The possibility of switching from one type of energy to another is an Option, and the economic value of flexibility can now be determined."

-Bertil Naslund when presenting the Nobel Prize for the Options Pricing Formula.

#Bitcoin is the ultimate form of Economic Optionality.


The longer you have to exercise an Option, the more valuable the Option becomes.

#Bitcoin is a perpetual option that is designed to maximize your Economic Optionality and Flexibility over time.

The Dollar is designed to enslave you inside of an invisible prison filled with cheap dopamine hits.


Is there any covenant that is on a similar/same level of simplicity of basic hash locks and time locks?

When and What type restrictions feel way safer than How and Why restrictions

I don’t understand why it’s appealing or makes sense to imbue #Bitcoin with How and Why types of intelligence


Are #Bitcoin Covenants akin to Deed Restrictions and/or maybe Easements for Real Estate?


#Bitcoin is backed by randomness & optionality.

#Bitcoin is Randomized Controlled Time Trial Money.

“Randomized controlled trials (RCTs) are considered the highest level of evidence to establish causal associations in clinical research.”

Study #Bitcoin.


Timelocks - restrict WHEN #BTC is allowed to be spent

Covenants - restrict HOW #BTC is allowed to be spent.

Outsourcing WHEN authorization to the #Bitcoin  source code feels more reasonable than outsourcing a HOW authorization.

Maybe users should keep control of the HOW.


At best, Tether is a 100% Fully Reserved Fiat Shitcoin that doesn’t pay users interest, & captures ~100% of Treasury interest to buy #BTC.

#Bitcoin is Freedom Money.

Tether is a Dollar Shitcoin.

Know where Fiat Prison ends and economic Freedom begins, so you don’t get played.


More thoughts on #Bitcoin  Covenants…

-insufficient product market fit
-insufficient user technical competence
-insufficient appreciation for Sound Money & Rational Economic principles
-not a necessary upgrade
-may open up #Bitcoin  to unknown attack vectors

-why does #Bitcoin  as “money” need to have covenant functionality programmed into its core DNA?

-perhaps timelock transactions minimize attack vectors because Time itself can’t really be manipulated/abused… so why/how do Covenants minimize attack/abuse vectors like Timelocks?


Maybe the Blocksize Wars weren’t as existential to #Bitcoin as many seem to think.

The changes we made to #Bitcoin  back in 2017 weren’t even absolutely necessary. We just didn’t apply sufficient patience or diligence.

Today we should use hindsight to inform our path forward.


What is essential for people to understand is that all Fiat Stablecoins and the Proof of Stake Shitcoin rails that they run on are built on Sand.

On #Bitcoin, the solid Rock, I stand
All Fiat & Shitchains are sinking sand


"The early Christians tried to find ways to express patience in their business dealings."

"When a Christian businessman gave a quote... he quoted only one price and spoke 'plainly and honestly'."

-The Patient Ferment (Kreider)

#Bitcoin is compatible with these 👆 practices.


Pagan Romans viewed the early Christians as a fringe cult with no tried and true traditions or history to match the deep historical roots of Roman culture, so most Pagans mocked and dismissed the Christians. Similar dynamics are at play between Fiat & #Bitcoin today.


People think #Bitcoin Plebs are writing and tweeting for mostly external consumption, evangelism, and persuading others.

But most of our writing and tweeting is actually for internal consumption and helps strengthen our community.

The early Christians were no different.


I'm a simple #Bitcoin Gamer.

I see the dumb Robin Hood Wells Notice news.

I see the Fugazi Fiat Clown World price of #Bitcoin dip.

I buy extra #Bitcoin.


The lowest risk highest reward way to make #Bitcoin more private is for p2p commercial free trade to emerge.

The Cap Gains Tax on #Bitcoin txs is a massive impediment to the emergence of p2p trade.

We don't need changes to #Bitcoin  Code more than we need changes to Tax Code.


Christian history lesson for the #Bitcoin  Plebs from Kreider's Patient Ferment:

"It was anonymous Christians, not the officially constituted leaders of the Christian communities, who were primarily responsible for Christianity's spread...

"Lay Christians traveled to new areas and established churches. What caused ordinary Christians to get involved in this? Often it was work. Christians followed their business opportunities... from their home areas to new areas."

The Plebs power #Bitcoin ... not influencers.

The Nyms are the primary source of power and influence in #Bitcoin .

So much easier to spread ideas and persuade when you remove Ego from the equation.

Satoshi set an example that more #Bitcoin  Plebs should follow.

Become a Nym today.


The latest Michael Saylor move is reason number 673929472 why I do not think it makes any sense to add more functionality for scaling or privacy to #Bitcoin at this moment in time.

At the very least, I’d say a lot more education and knowledge accumulation needs to happen…

And even then I’m not sure what big improvements can be made to the core protocol without potentially opening us up to more spam attacks with BRC/Rune/Inscriptions ongoing.

We have a user error problem… not a #Bitcoin problem.


Patience is bitter but its fruit is sweet
Good things come to those who wait
To lose patience is to lose the battle Beware the fury of a patient man
Slow & steady wins the race
Haste makes waste
Patience is a virtue
Patience pays off
Love is Patient
#Bitcoin


Abel was a lover of righteousness & believing God was present at all his actions, he excelled in virtue; & his employment was that of a shepherd.

Cain was not only very wicked in other respects, but wholly intent on getting, & he first contrived to plough the ground.

-Josephus


You’re sheltering cast iron pans and USB cables under the floorboards are you not? https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fy.yarn.co%2Ffccd40f8-808c-4cd2-a5f5-b7fad1c8fd72_screenshot.jpg&f=1&nofb=1&ipt=f6e3b02b9b3e18caa1f1c234738f45448bec31c47cdb80fdbe11eb5b7574f1b3&ipo=images


Time, the Proof of Work of the Cosmos, does not concern itself with public opinion.

Humans cannot abuse or change Time. Time is impervious to Human Degeneracy.

In this light, #Bitcoin time lock contracts make some sense to me.

Incorruptible inputs make good inputs.


I am Scam. Scam I am.
Do you like DickButts & Spam?

Do you like them on a rock?
Would you like them in a block?

Do you like them on a train?
Would you like them in the chain?

Do you like them on your groin?
Would you like them in #Bitcoin?

Would you like DickButts & Spam?


The reason why big swinging dicks like Saylor and Dorsey can be valuable for #Bitcoin and the movement is so they can go on offense in the US court system. The same is true for Human Rights Foundation and Gladstein.

#Bitcoin is a Human Right.


The Government Shitcoin price of #Bitcoin is an Oxymoron.


We were impatient in 2017 and decided to fork #Bitcoin when doing nothing was a completely reasonable option.

I sense similar impatience in #Bitcoin  today.

But if we wait by the river long enough, the bodies of our enemies will float by.


"The #Bitcoin system is secure as long as non-retarded users outnumber retarded users."

-Satoshi on overcoming the threat of Retarded #Bitcoin Users/Abusers


The Rhyme of the Ancient Banker

Heads I win.
Tails you lose.
It’s much more fun
When you’re in on the ruse.

QE for me,
And QT for thee,
And if all else fails,
QE Infinity.

Let them eat cake
And have it too.
I have had my fill.
How about you?

Got #Bitcoin?


As we grow #Bitcoin adoption, new people will start studying #Bitcoin and share new perspectives.

By sharing these new perspectives, everyone gets smarter.

As this brainstorm ferment continues, more and more options for #Bitcoin will emerge.

And optionality is valuable.


“Games have been called the laboratory for the development of moral attributes; but they will not, of themselves, accomplish this purpose. They must be properly conducted by competent individuals.”

-James Naismith on Basketball, #Bitcoin, and building a better world.

https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fstatic01.nyt.com%2Fimages%2F2014%2F05%2F02%2Fupshot%2F03UP-BESCHLOSS%2F03UP-BESCHLOSS-superJumbo.jpg&f=1&nofb=1&ipt=7be45c56a3e75b8242446961421e562d45efc5dbe57d84852c68d4139785faac&ipo=images


Elections and Democracy are a Long Con Shitcoin.

#Bitcoin and Proof of Work are the solution… not retarded popularity contests nostr:note1qagqearswwazwxs33u6pnaw6gumfupc5v0zr5qx4h9nz7tasnh0qe0fd5n


Imagine blaming #Bitcoin when Marxist Banking and Marxist Taxation are the real culprits.

Can you imagine?

I’ll be here for as long as it takes for users to wise up & call BS on the real things holding #Bitcoin back instead of blaming the protocol for not being “good enough”.


The best way to scale #Bitcoin is to abolish coercive global Marxism in meatspace by eliminating Theft by Taxation and Money Printing and forgiving all the Fugazi Fiat Debt.

Please signal your support for these BIPs.

BIP End the Fed
BIP Abolish 16A
BIP Debt Jubilee


Idk was he? He sounded pretty confident. Sounds like Taproot and SegWit facilitated the proliferation of SpamScam afaict.


“While SegWit was a critical ledger state-change when it created this witness data block extension, Taproot was more of a systems update that unlocked potential scaling and privacy features. Both of these forks are necessary to the specifics of exactly how Ordinal 0.4.2 operates”

-Mark Goodwin from #Bitcoin Magazine on how SegWit and Taproot in combination were necessary for Ordinal 0.4.2 which made #Bitcoin more smooth brain friendly for SpamScammers

Rebuttals welcome


Saylor said he would “crush” one of the #Bitcoin ETFs?

For real?

Lolz


I don’t stand with Saylor or ODELL.

Satoshi didn’t need donations to create #Bitcoin.

Satoshi gave us the #Bitcoin idea for free…

If you want to help fund open source development, I can’t stop you.

If you want to pressure other people to donate to open source development, you can’t make them.


Does every proposed "scaling" solution for #Bitcoin impact the price discovery mechanisms/process?

I think a key thing to consider for any scaling proposal is if it effects all users universally/evenly.

If all users are affected universally, is it more tolerable/desirable?


Satoshi laid out very straightforward parameters for #Bitcoin….

If we were to change any of these parameters (which we did with SegWit), then the #Bitcoin Difficulty would adjust accordingly for those changes that apply universally to #Bitcoin users in a non-Cantillon fashion.


Would #Bitcoin have died if we never activated SegWit and Taproot, and Bitcoin Players were still discussing and debating the merits of the ideas?


Before Adam Smith wrote “The Wealth of Nations”, he wrote “The Theory of Moral Sentiments”.

The Invisible Hand cannot work its Magic without human actors who strive to live virtuously according to a strong moral code.

#Bitcoin is an Invisible Hand, and it needs virtuous users.


So embarrassing when I copy a gif link that sucks…

Apologies to all the Nostriches🫡


I am currently in negotiations with Mother Nature to make all resources free, abundant, and ubiquitous for American citizens here on the North American continent.

The only catch is you have to vote for me in the 2024 Election.

#Bitcoin won’t save you.

Trust me bro.🤡


If you think timing and order of operations of changes to the core protocol don’t matter, then let me kindly suggest you reconsider.

#Bitcoin has the high ground. Fiat is crumbling. Patience will reveal more options, and options are valuable.

Subsidy doesn’t expire until 2140.


Just remember that any Ego, good ones and bad ones, can be a vessel for an Idea.

One of our jobs as #Bitcoin Players is to judge ideas on their own merits and not on the Ego that delivered the Idea.

And the easiest way to keep the focus on Ideas is by using Nyms.


The problem is NOT Men voting or Women voting or Christians voting or Muslims voting or Jews voting, etc…

The problem is voting.

Voting doesn’t fix problems. Problem solving/Proof of Work fixes problems.

Study #Bitcoin.


The #Bitcoin Difficulty Price Signal can “scale for speed” a lot easier than Bitcoin itself.

Why?

Because Free Traders can discover relative values between other products using #Bitcoin Difficulty Signal as a common denominator to weigh & measure against their own products.


Earth exists in a Goldilocks Zone.

#Bitcoin exists in a Goldilocks Zone.

Value exists in a Goldilocks Zone.

Good Evening.


Don’t measure the value of a fairness protocol (#Bitcoin) in terms of an unfairness protocol (Fugazi Fiat)

The Dollar price of #Bitcoin is an Oxymoron.


Has anyone tried asking ChatGPT, Grok, or one of the other AIs for recommendations on how to scale #Bitcoin?? 🤣

What if the AI says we moved too fast on Development the first 15 years??🤣


When Moses came down from the mountaintop with the 10 Commandments and found the Israelites worshiping and dancing around a Golden Calf, God didn’t say:

“You know what, Moses? It’s fine. All value is subjective. Let them dance.”🤣

Let’s not turn #Bitcoin into a Golden Calf.


What if I said the “just do something and change #Bitcoin so it can sCaLE for spEED” Fiat Mindset won the Blocksize Wars.

Spoiler: Pretty much everyone had that mindset back then and was in a hurry.

20/20 hindsight advice: Slow & steady wins the race & haste makes waste.


Fiat Clown Lords are unable to admit when they were wrong or how they could have been better using 20/20 hindsight (think Covid)

As #Bitcoin Players we have to be better about self-reflection than the Fiat Clown Lords, so that we can improve moving forward. (think Blocksize War)


Proof of Work/Labor is the most fundamental economic unit in the known universe.

Free Trade and Quality suffer greatly without Proof of Work.

Evidence? Boeing… and the quality of Food, Housing, Education, and Medicine in America.

Study #Bitcoin.


Questions for any proposed change to #Bitcoin:

-Could it be abused by degenerates/bad actors?

-How could it impact the economics/game theory for #Bitcoin miners?

-Will it still be relatively easy for practically anyone to run a full node?


Hard to swallow pill for some #Bitcoin Players:

We already increased the #Bitcoin Blocksize once with SegWit and #Bitcoin stayed in the Goldilocks Zone.

There is at least some signal in that… Stay open minded to ideas.

But turn the volume down on Egomaniacs like Roger Ver.


“Inscriptions also scale transaction density in that they transfer more than the face value of #Bitcoin. This may not be comfortable to admit, but all value of all txns is subjective”

-John Carvalho

🚩🚩🚩

Again, the road back to Fiat 🤡🌎 is paved with the DickButts of Subjective Value Maxis.


The tick and tock
Of chain and block
Shall break the locks
Of prison gates

And Bitcoin’s Car
Shall shine from far
And make and mar
The Fiat Fates

-Bill Shakespeare on #Bitcoin


“Do not swear at all… let your yes be yes and your no be no.” -Jesus

“From deceit comes distrust, and through distrust in turn comes the oath” -Apollonius of Rome

“Trust me bro. I swear.” -Fiat Maxis

“The proof of work speaks for itself.”- Satoshi on #Bitcoin

Interesting…


“One of the more intractable problems facing historians is that of translating the value of money over time. What was an 1869 dollar worth in today’s terms?

All too often this has been handled as though it were nothing more than a matter of inflation and the reader is advised simply to multiply antique monetary sums by a given factor. This might have worked well enough in the pre-industrial era, but the coming of the steam engine greatly exacerbated the difficulty of comparison.

Essentially, the Industrial Revolution introduced three new problems for historians. The first is rapidly rising real wealth…

The second problem is that while many commodities have remained stable in terms of the percentage of real income that they cost, they have become much cheaper in other economic terms, such as time….

The third problem is that technologies serving the same function at different times often cannot be readily compared…”

-A Note on Money and Time from John Steele Gordon’s Scarlet Woman of Wall Street

Something tells me #Bitcoin will make it easier for historians to perform historical economic analysis.


#Bitcoin is the Spirit of Radio. Rush knew.

Begin the day with a friendly voice
A companion unobtrusive
Plays that song that's so elusive
And the magic music makes your morning mood

Off on your way, hit the open road
There is magic at your fingers
For the spirit ever lingers
Undemanding contact in your happy solitude

Invisible airwaves crackle with life
Bright antennae bristle with the energy
Emotional feedback on a timeless wavelength
Bearing a gift beyond price, almost free

All this machinery making modern music
Can still be open-hearted
Not so coldly charted
It's really just a question of your honesty
Yeah, your honesty
One likes to believe in the freedom of music
But glittering prizes and endless compromises
Shatter the illusion of integrity, yeah

Invisible airwaves crackle with life
Bright antennae bristle with the energy
Emotional feedback on a timeless wavelength
Bearing a gift beyond price, almost free

For the words of the prophets were written on the studio wall
A concert hall
And echoes with the sound of salesmen
Of salesmen
Of salesmen

https://open.spotify.com/track/4e9hUiLsN4mx61ARosFi7p?si=BgTBKG4QT-a4FSXrXAQbdQ&context=spotify%3Aplaylist%3A37i9dQZF1DZ06evO1ycXD2


And the men who hold high places
Must be the ones who start
To mold a new reality
Closer to the heart
Closer to the heart

The blacksmith and the artist
Reflect it in their art
They forge their creativity
Closer to the heart
Yes, closer to the heart

Philosophers and plowmen
Each must know his part
To sow a new mentality
Closer to the heart
Yes, closer to the heart, yeah, oh

Whoa, whoa
You can be the captain
And I will draw the chart
Sailing into destiny
Closer to the heart
Closer to the heart
Well, closer to the heart, yeah
Closer to the heart
Closer to the heart
I said closer to the heart
Well, closer to the heart, yeah
Closer to your heart
Closer to your heart, whoa

-Rush on #Bitcoin https://open.spotify.com/track/4u3oXuVeOGoByIMz9pnOKf?si=vyQI_0E8S3mlYmO17uPkNA&context=spotify%3Aplaylist%3A37i9dQZF1DZ06evO1ycXD2


Fiat Income Taxes are a strong and credible threat against citizens to exchange #Bitcoin back for Fiat and pay their taxes.

So it is peak intellectual dishonesty to criticize #Bitcoin for not growing through traditional commercial vectors.


How much #Bitcoin does The Ethereum Corporation have left on its Balance Sheet? 🤣

They should simply divide all the #BTC  pro-rata among all the ETH Shareholders in an orderly Bankruptcy Liquidation.🫡


#Bitcoin and Mycelium are basically the underground network that the researchers discover on Pandora in Avatar. https://y.yarn.co/a55004a3-421a-4bb4-8715-567d2d5e2899_text.gif


Imagine being the Big 4 Public Acounting Firm that audits Coinbase and the #Bitcoin  they’re holding on behalf of so many people.

Would be interesting how the auditor is testing Coinbase’s #Bitcoin balances for completeness, accuracy etc… internal controls too


If you’re a Noob… Read these books in this order and you’ll start flowing with the current of the #Bitcoin  River: the only river on Earth that flows toward Freedom, Peace, and Prosperity.

Richest Man in Babylon
Road to Serfdom
Mystery of Capital
What Has Govt Done to our Money
Inventing #Bitcoin


The fair value of 1 single #Bitcoin is worth a lot more than whatever $70k can get you.

In fact, it’s not even possible to measure #Bitcoin’s value in terms of Fugazi Fiat units…

… because Fugazi Fiat isn’t a fairness protocol.


Dear all Bitcoiners who have been in #Bitcoin since 2016/2017

If we never activated SegWit or Taproot, what would you have done with your #Bitcoin?

Sell #BTC for Gold?

Sell #BTC for ETH?

Sell #BTC for Fugazi Fiat?

HODL #BTC?

Buy more #BTC?


During the #Bitcoin Blocksize Wars, were there any Bitcoiners who passionately argued for not changing a damn thing about the protocol code?

We always hear about Team SegWit vs. Big Blockers, but did anyone recognize changing #Bitcoin wasn’t absolutely necessary back in 2017?


Hahah, nah just a young aspiring WWF journalist trying to make his way in the world… like the rest of us 🤣🫡


Adam Smith wrote the Theory of Moral Sentiments before writing Wealth of Nations. The Theory of Moral Sentiments provided the ethical and economic underpinnings to Smith's later works, including The Wealth of Nations.

#Bitcoin, Ethics, and Economics are inextricably linked. https://y.yarn.co/7990c344-3eaa-4f89-b4c3-25a42b95d913_text.gif


Good morning, the biggest problem isn’t #Bitcoin or affordability or “#Bitcoin  doesn’t sCALe!!”

The problem is the Marxist Soil #Bitcoin  was planted in worldwide and people basically not understanding Money.

Support BIP Abolish Income Taxes & BIP End the Fed.
https://i.gifer.com/origin/10/10b0217ca07fe434b53720914a90b9d9_w200.gif


You may not like the fact that the biggest impediment to #Bitcoin  at this moment is Marxism in Meatspace, but accept it.
https://cdn.vox-cdn.com/uploads/chorus_asset/file/7164731/post-game.0.gif


Abolishing Income Taxes and Ending the Fed are the two 800 pound gorillas  that #Bitcoin  Players ignored for 15 years and instead focused changing #Bitcoin  itself so that it would scale for our Fiat habits.

Fiat Marxist conditioning in meatspace is a bigger problem for #Bitcoin than the core protocol not being able to sCaLE for everyone’s stupid Fiat Economic Habits.

You don’t change #Bitcoin… you look in the mirror and change yourself… then you hold your family and friends accountable too… and ask them to hold you accountable too.

Now is a Time to stop trying to change #Bitcoin.

Now is a Time to stand up to Coercive Marxism in meatspace and keep spreading the a message of Freedom and Personal Responsibility.


I’m extremely skeptical of people who claim that Ethics, Science, Money, and Commerce have nothing to do with each other.

#Bitcoin is a nexus of Ethics, Science, Money, Commerce, and much much more.

Stop trying to compartmentalize everything… it’s a very Fiat habit.

Fiat leads people to compartmentalize all kinds of stuff just so they can maintain their sanity.

I know from experience.


Fermentation is an intriguing process. It is gradual. Except for a stray bubble that emerges now and then, nothing seems to be happening. Until late in its operation, it is unimpressive. And yet it has a cumulative power that creates and transforms. As Michael Pollan, who writes insightfully about food, observes, “A ferment generates its own energy from within. It not only seems alive, it is alive. And most of this living takes place at a scale inaccessible to us without a microscope.

-Alan Kreider’s The Patient Ferment of the Early Church

#Bitcoin is a patient ferment.


The drama afaict is people getting butthurt/excited about MSTR outperforming #Bitcoin in Fiat price terms.

The problem stems from everyone’s obsession with Fiat prices…

And the obsession with Fiat prices stems from excessive tax burden that are imposed on all #Bitcoin txs IMO


Maybe let’s not consider activating Covenants or other core protocol changes until we End the Fed, Abolish the 16th Amendment, and declare a Global Debt Jubilee.

The problem isn’t #Bitcoin, the problem is the Soil it was planted in.


Some people think “waste” and “sin” share ancient etymological roots. DickButts & SpamScams are obviously wasteful and should be denounced. MSTR is not obviously wasteful. MSTR is obviously risky.

#Bitcoin is not for the Faint of Heart.

#Bitcoin is for the Lionhearted.


I hope the MSTR drama makes it obvious how and why we got here…

#Bitcoin Players need to Abolish Fiat Taxes if they don’t want to see #Bitcoin’s use skewed towards Fiat price speculation anymore.

Put Covenants on the back-burner.

Abolish Fiat Marxism first, then re-assess.


If Ecclesiastes 3 says there is a Time for Everything, and the Bitcoiners say #Bitcoin is Time…

Sooo… does that mean #Bitcoin is for everything?

Even the Ordinal/BRC SpamScam? Even MSTR? Even me criticizing the SpamScam? Even the other people criticizing MSTR??
https://y.yarn.co/eb652bdb-7d28-4ba3-8e26-58547fe1b7f4_text.gif


The Dollar price of #Bitcoin and MSTR shares are Oxymorons.

GM & GFY. 🫡
https://64.media.tumblr.com/f70f59261cdc64782d180e40900af80a/tumblr_mxcbn1LT7Y1rcwa0zo3_250.gif


What if I told you that Time and Work are two sides of the same #Bitcoin? https://imgs.search.brave.com/Hwc_xZwVr8Cw-idC8bgdn9zPqpEH8eqvyeEadGFoFnQ/rs:fit:860:0:0/g:ce/aHR0cHM6Ly9tZWRp/YTEudGVub3IuY29t/L20vMjRzTElGbkVC/MHNBQUFBQy9pcy10/aGF0LXNvbWV0aGlu/Zy15b3Utd291bGQt/YmUtaW50ZXJlc3Rl/ZC1pbi1pbnRlcmVz/dGVkLmdpZg.gif


Why would I waste time dunking on Bitcoiners for buying MSTR, when I could wisely spend my time dunking on the morons still abusing #Bitcoin with Ordinal BRC SpamScams or dunking on the idiots pushing so hard for Covenants?? 🤣

#priorities 🫡
https://media.tenor.com/zz5_jDxvdaMAAAAM/damn-hippies.gif


I wouldn’t rule it out


Time is how we measure/quantify and categorize real physical Work.

#Bitcoin is Time because #Bitcoin is Work.

Value could not exist without Proof of Work.

It’s Proof of Work all the way down my friends.


Yea, even a basic pseudonym is a step in the right direction… do something to keep your Ego out of Bitcoin dev conversations

Maxwell, Gavin, Wuille, Luke Dash Jr, Jeremy Rubin,

None of these guys are even trying to stay anonymous.

We need more Bruce Waynes to wake up and realize it’s better to work on Bitcoin behind a mask.


Some #Bitcoin  Players spend too much time trying to “fix Bitcoin”, and not enough time criticizing the Marxist Central Banks, Income Taxes, Public Schools, etc..

#Bitcoin isn’t compatible with Marxism.

Abolish the Marxism before trying to “fix Bitcoin” any more than we have.


“Fame's a fickle friend, Harry... celebrity is as celebrity does, remember that.”

-Gilderoy Lockhart’s dubious advice to Harry about celebrities. Gilderoy turns out to be a fraud in the end.

#Bitcoin isn’t compatible with glamorous frauds. https://www.looper.com/img/gallery/the-dark-truth-about-gilderoy-lockhart-in-harry-potter/l-intro-1601577978.jpg


Why is Satoshi the only major #Bitcoin developer who chose Anonymity to keep their Ego out of Bitcoin development convos?

Why haven’t more #Bitcoin Devs chosen anonymity like Satoshi?

We need more anonymous #Bitcoin  Devs.

Ideas > Ego


Over the next 15 years, #Bitcoin Full Reserve Banks will outperform Fiat Fractional Fugazi Banks in Real and Fiat terms… whichever lens you prefer.


We went from anyone but Clinton to anyone but Trump to anyone but Biden.

Voting is a shitcoin.

Study #Bitcoin.


#Bitcoin  is the safest way to pass between Scylla and Charybdis. https://static.tvtropes.org/pmwiki/pub/images/scylla_and_charybdis_bookpalace.png


Fiat Maxis love talking about Time value of Money. What's funny is Fiat Money doesn't hold value over time.

The Time Value of #Bitcoin makes more sense. The marginal time cost of #Bitcoin is designed to go up.. over time.

Satoshi gave us 4-5 generational turnings to Sync Up.


Mark Cuban sells the Mavericks... then he goes on CNBC and pumps #Bitcoin?

Notable.


#Bitcoin is like a Digital Bicycle.

If the road gets too steep, then we simply switch gears with the Difficulty Adjustment until we get through the hard part and the road evens out again.

#Bitcoin can adapt to the Difficulty... like riding a Bike.


If you make people confront their Dollar Stockholm Syndrome when thinking about #Bitcoin, a lot of them will instinctively side with their Captors. https://media.tenor.com/E8H5oUAo1fIAAAAM/django-unchained.gif


Shitcoin Copycats: What gives you the right? What’s the difference between you and me??

#Bitcoin: https://media1.tenor.com/m/SMwhjaPgXG4AAAAd/im-not-wearing-hockey-pads-batman.gif


GM

A derivative of Proof of Work with respect to Time combined with Metcalfe’s Law to the People.

It’s our discovery.

#Bitcoin https://open.spotify.com/track/6ZUITkPPMScmzjW4jFkBn6?si=XZmcLbveRnqUi89mcoZDgw&context=spotify%3Asearch%3Adna nostr:note1kkj834xfuwnkl978srw5tch7k9ehltf7ttc86anqck6wq0c6ys8qw02rrs


Be my… be my DNA.

Don’t wanna fade away

-Empire of the Sun on #Bitcoin

https://open.spotify.com/track/6ZUITkPPMScmzjW4jFkBn6?si=XZmcLbveRnqUi89mcoZDgw&context=spotify%3Asearch%3Adna


Yes… for the purposes of this #Bitcoin valuation Model yes

But also remember… it’s only a model

https://y.yarn.co/b6d7d748-9254-4a93-8467-02e13eebcc7d_text.gif


When people say hash follows price, they mean hash follows the Ten Minute Difficulty target, right?

Because Satoshi started mining #Bitcoin  before there was purchasing power, right?

So maybe purchasing power follows some derivative of Proof of Work with respect to time + users?

New #Bitcoin Valuation Model

Purchasing Power of #Bitcoin is some function of the derivative of Total Accumulated Proof of Work with respect to Time plus or multiplied by Metcalfe’s Law. 🤷🏻♂

PP of #BTC  = (dW / dT) +/* N^2

So basically #Bitcoin = the definition of Power in Physics + Metcalfe’s Law + flawless and immutable chain of accounting memory that is created by user power and user nodes.


Fractional Fugazi Fiat Money gave us over 100 years of Corrupt Money, Corrupt Price Signals, and more and more Energy Waste.

#Bitcoin gives us a future of Sound Money, Sound Price Signal, and Energy Efficiency Innovation.


#Bitcoin will not change for you.

You will change for #Bitcoin…

… and you will be happy.


The Fiat Price of #Bitcoin is a double edged sword of deception.

It is fundamentally designed to get you to trade something that is Objectively Valuable and Honest for something that is Objectively Evil and poisons our Collective Soul.

If we stay together, we survive. https://media1.tenor.com/m/fcSqV8lnEQEAAAAC/the-gladiator-movie.gif


Will Saylor click the withdraw #Bitcoin  button on his Coinbase account? 😅


Everyone should be ready for China to ban #Bitcoin… again.


Block Height NGU > Fiat NGU

#Bitcoin


#Bitcoin adoption is an event.
#Bitcoin conviction is a process.

Verify the process.
Then trust the process.

Do not change the process.
Let the process change you.


If you vote in 2024, make sure you also buy #Bitcoin to protect yourself from whoever “wins” the election.

Voting without owning #Bitcoin is kinda like driving without a seatbelt. 🤣


Weird is better sometimes. 🤣


Do not concede the Intrinsic Value high ground advantage that #Bitcoin clearly has over Dollars & Shitcoins.

Meet the Fiat Maxis on any territory they choose and expose the weakness of their arguments accordingly.

#Bitcoin wins on every dimension of value we can think of. https://i.imgur.com/UpjMgvs.gif


Everyone understands the feedback loop right?

Satoshi wrote the rules of #Bitcoin and required Proof of Work to generate new blocks.

People didn’t magically just start subjectively valuing #Bitcoin  and then it magically got expensive to produce

Proof of Woek is tied to #Bitcoin at the hip….

Just like PoW is tied to all things that have true objective and lasting value.


Imagine thinking you can use a Fraudulent Measuring Stick like the Dollar to measure the true value of #Bitcoin.

Can you imagine? 🤣

Study #Bitcoin.


Fiat Maxi: #Bitcoin doesn't have any intrinsic value.

Bitcoiner: Intrinsic value doesn't exist!🤡

Imagine debating a Fiat Maxi about #Bitcoin and claiming  Objective/Intrinsic value doesn't exist, when #Bitcoin obviously has Objective/Intrinsic value and the Dollar does not.🤣 https://y.yarn.co/2ed4fa9e-fb2f-4242-9552-73784455abe7_text.gif


“See, sacrifice, Robert. That's the price of a good trick. But you wouldn't know anything about that, would you?”

-The Prestige on #Bitcoin


"The sacrifice... that's the price of a good trick."

-Alfred Borden from The Prestige on #Bitcoin.


#Bitcoin spenders play a bid auction game for blockspace to record their tx and move Sats to a new address.

Miners play an all pay auction/lottery style game to generate blocks.

Difficulty/tx fees Emerge from the outcomes of these 2 games.


The two best forks/forms of money in history (#Bitcoin & Gold) gained acceptance because of how well they measure & reflect a fair value of time & sacrifice.

People can critique Proof of Work all they want, but it’s impossible to align everyone’s monetary incentives without it.


It’s not that #Bitcoin aligns everyone’s incentives perfectly.

It’s that #Bitcoin aligns everyone’s incentives directionally/dimensionally.

#Bitcoin aligns everyone’s incentives in the direction of time, sacrifice (Work), & survival.

Everything else flows from that alignment.


Please check your Ego and Seven Deadly Sins at the door before entering the #Bitcoin Cathedral.

Things like Greed, Pride, Envy, Lust, Wrath, Sloth, and Gluttony will not be helpful to you on your #Bitcoin journey or your life journey.

Godspeed. 🫡


Greed holds #Bitcoin together.🤡

Lust & Envy hold marriages & communities together.🤡

Gluttony holds your body together.🤡

Sloth holds your business together.🤡

Wrath holds your family together.🤡

Arrogance holds your friendships together.🤡


Greed holds #Bitcoin together the same way the Seven Deadly Sins holds Human Civilization together.

It doesn’t… and they don’t.

🤣🫡


The #Bitcoin Sat Stackers, Miners, Noderunners, and Keyholders around the world are collaborating on the most ambitious energy efficiency moonshot in human history, while also powering the best money/whole life insurance policy on the planet through time and space.

Join us.
https://ih1.redbubble.net/image.5144606619.6803/bg,f8f8f8-flat,750x,075,f-pad,750x1000,f8f8f8.jpg


#Bitcoin can obsolete Debt Hierarchy and the misalignment of interests it creates and replace all that bullshit with plain vanilla Pari Passu Equity Partnerships.

If you buy your #Bitcoin with a 50% LTV loan, then your lender values the #Bitcoin half as much as you do.


Years ago, a bunch of people hyped up FUD that #Bitcoin will never scale without changes, so we made a bunch of big changes to #Bitcoin without fully appreciating the implications.

In 2024, the #Bitcoin scaling FUD is back, and people say we must make more changes to #Bitcoin.

Do we fully understand the implications?

https://moviepaws.files.wordpress.com/2022/08/d56c2-matrix-cat.png?w=640


Fair enough…. Generally just saying If you can out-argue them on their terms, then it seems reasonable to go that route.

Don’t just say “intrinsic value doesn’t exist”

Argumentation tactics can always be fine  tuned.


Good's value isn't fully understood, until Evil's lack of value is fully understood.

#Bitcoin 's value isn't fully understood, until the Dollar's lack of value is fully understood.


#Bitcoin  is like a fusion of Sound Money & Sound Price Signal.

#Bitcoin  users mostly talk about the Sound Money, which is important.

But don’t sleep on the importance of Sound Price Signal/Difficulty.

#Bitcoin ’s decentralized inputs need to produce sound money & sound signal.


What if I told you not only does intrinsic value exist, but so does extrinsic value, subjective value, objective value, numerical value, etc..?

Value is like a multi-dimensional & multi-faceted emergent phenomenon rooted in objective reality… like #Bitcoin.


Weak defense of #Bitcoin

Critic: Bitcoin doesn’t have intrinsic value.

Bitcoiner: Intrinsic value doesn’t exist.

Strong defense of #Bitcoin

Critic: Bitcoin doesn’t have intrinsic value.

Bitcoiner: Wrong. Bitcoin has intrinsic value. The Dollar doesn’t have intrinsic value.


Samuel Langhorne Clemens (1835-1910), better known to the world as Mark Twain, considered the lifelong duty of his acerbic pen—as he put it a letter of 1888, accepting an honorary MA from Yale—to be "the deriding of shams, the exposure of pretentious falsities, the laughing of stupid superstitions out of existence." It was a role which, he continued, made him "the natural enemy of royalties, nobilities, privileges and all kindred swindles, and the natural friend of human rights and human liberties," and he embraced it wholeheartedly.

https://www.prospectmagazine.co.uk/culture/57945/great-hates-4-mark-twain


It might not be perfect, but defecting would be the equivalent of the “prisoners” selling their #Bitcoin for Dollars because it’s better for them individually, but not collectively, thus everyone betrays the cause of #Bitcoin by selling back for Stockholm Syndrome Dollars

Cooperationwould be all prisoners refusing to sell their #Bitcoin for Dollars because it’s better for the collective group to cooperate.

We don’t have enough cooperation/conviction yet among #Bitcoin Plebs to NOT sell for Dollars.


Good's value isn't fully understood, until Evil's lack of value is fully understood.

#Bitcoin’s value isn't fully understood, until the Dollar's lack of value is fully understood.


Nobody said it would be easy to overcome Dollar Stockholm Syndrome or the Dollar Prisoner’s Dilemma.

#Bitcoin is not for the faint of heart. https://i.pinimg.com/originals/0c/2a/e7/0c2ae7d414494b45d66163e131c8aac9.jpg


It’s true that #Bitcoin doesn’t have any real competitors.

But it’s also true that #Bitcoin has 10,000+ Parasitic Mimics.

Stay vigilant out there.


I encourage #Bitcoin users to study the God of Spinoza.


Christian history lesson for the #Bitcoin  Plebs from Kreider's Patient Ferment:

"It was anonymous Christians, not the officially constituted leaders of the Christian communities, who were primarily responsible for Christianity's spread. Lay Christians traveled to new areas and established churches. What caused ordinary Christians to get involved in this? Often it was work. Christians followed their business opportunities... from their home areas to new areas.”

The Nyms are the primary source of power and influence in #Bitcoin.

So much easier to spread ideas and persuade when you remove Ego from the equation.

Satoshi must have understood this deeply and set an example that more #Bitcoin Plebs should follow.


To fully understand #Bitcoin Game Theory, you must accept the reality of the Dollar Prisoner’s Dilemma and Dollar Stockholm Syndrome that pretty much all of us are trapped by.

The best way to escape a prison is to fully understand the prison.


We need to scale #Bitcoin  like we need to scale the summit of Mt. Kiliminjaro, not like we need to scale the production of Flat Screen TVs.

Mount Kilimanjaro doesn’t scale.

You scale Kilimanjaro. Make the climb.

The value is at least partly derived from the lived experience. https://colinnanka.com/wp-content/uploads/2017/05/JFK-Because-its-hard.jpg


Simple and boring old Full Reserve Banking is the optimal application of 3rd party custody as a scaling method for #Bitcoin.

It should be obvious at this point why Fractional Reserve undermines 3rd party custody as a scaling method.


Earth Time is a measurement of Earth’s observable Proof of Work Cycles in the context of Outer Space.

#Bitcoin Time (block height) is a measurement of #Bitcoin s observable Proof of Work Cycles in the context of Earth Time.

Zoom in… then zoom out.

Study #Bitcoin.


Satoshi ran a node.

Satoshi prioritized ideas over ego.

Satoshi solo bootstrapped the network into motion as a solo miner.

Satoshi changed when necessary.

Satoshi kept a low profile.

Satoshi’s work spoke for itself.

#Bitcoin users should strive to be more like Satoshi.


If #Bitcoin  users succumb to our Prisoner’s Dilemma and Dollar Stockholm Syndrome, then we perish.

If we #Bitcoin users stay together, then we survive.

https://media1.tenor.com/m/fcSqV8lnEQEAAAAC/the-gladiator-movie.gif


The classic Prisoner’s Dilemma game combined with Dollar Stockholm Syndrome explains why #Bitcoin users obsess over Dollar prices.

#Bitcoin users can either cooperate and ignore the $ price of BTC for mutual benefit or they can “defect” & sell their BTC for more $$ and individual Fiat “gains”.

Zoom out.


#Bitcoin is a Positive Sum Game for Positive Sum People.

Trying to kill, distort, attack, embargo, isolate, or ban #Bitcoin is a Zero Sum Game for Zero Sum People.


Altruism and self-interest are not mutually exclusive.

They’re symbiotic.

Study #Bitcoin if you’d like to benefit from the symbiosis.


CHRINOs….

Christians In Name Only…

CHRINOs love dishonest Fiat money and Forever Wars.

Exit CHRINO Clown World through the #Bitcoin Gift Shop.


You’re not a real Christian, Jew, or Muslim if you aren’t advocating for honest money like Gold & #Bitcoin.

I don’t care how much you believe in the Torah, Jesus, or Mohammed… or how often you pray.

If you aren’t pushing for sound money, then your “Faith” is a Fugazi.


About those Stablecoins like @Tether_to and USDC they’re just a Parasitic Mimic/Fiat Trojan Horse attack vector against Bitcoin & Liberty.

I urge #Bitcoin influencers of all stripes to admit that Stablecoins backed by US Treasuries are as much of a trap as Dollars in a Fiat bank account.


The best growth vector for #Bitcoin Plebs to focus on is Ending the Fed and Abolishing Income Taxes.

P.S. Abolishing Income Taxes and Central Banking is just another way of saying Abolishing Slavery.


1 There is a time for everything,
    and a season for every activity under the heavens:
2     a time to be born and a time to die,
    a time to plant and a time to uproot,
3     a time to kill and a time to heal,
    a time to tear down and a time to build,
4     a time to weep and a time to laugh,
    a time to mourn and a time to dance,
5     a time to scatter stones and a time to gather them,
    a time to embrace and a time to refrain from embracing,
6     a time to search and a time to give up,
    a time to keep and a time to throw away,
7     a time to tear and a time to mend,
    a time to be silent and a time to speak,
8     a time to love and a time to hate,
    a time for war and a time for peace.
9 What do workers gain from their toil? 10 I have seen the burden God has laid on the human race. 11 He has made everything beautiful in its time. He has also set eternity in the human heart; yet[a] no one can fathom what God has done from beginning to end. 12 I know that there is nothing better for people than to be happy and to do good while they live. 13 That each of them may eat and drink, and find satisfaction in all their toil—this is the gift of God.

The Time for #Bitcoin and honest money has come.


I am Scam. Scam I am.
Do you like DickButts & Spam?

Do you like them on a rock?
Would you like them in a block?

Do you like them on a train?
Would you like them in the chain?

Do you like them on your groin?
Would you like them in #Bitcoin?

Would you like DickButts & Spam?


The blocksize limit is the single most important thing that’s protecting #Bitcoin for all of this bloat.

The crypto bros who think this is evidence that bitcoin should’ve raised blocksize “to scale,” genuinely never even understood the scaling problem, nor why or how bitcoin actually achieved what it does.


It’s not that I think SegWit & Taproot were categorically bad for #Bitcoin.

It’s that I think:
1) They weren’t absolutely necessary.
2) The 2nd order economic effects of witness discount/block size recalibration weren’t fully considered.
3) SegWit emerged from contention.
4) It’s not unreasonable to say that building user understanding of Sound Money should have been the #Bitcoin  community’s primary objective back in 2017 and is still our primary objective today

Building understanding in human mental nodes 1st is the optimal order of operations.


If enough Fire users behave irresponsibly with Fire, then we won’t be able to use Fire productively for our benefit.

If enough #Bitcoin users behave irresponsibly with their BTC, then we won’t be able to use #Bitcoin  productively for our benefit.

If enough users are deliberately wasteful and irrational with how they use #Bitcoin, then this irrational behavior will be reflected in the #Bitcoin Difficulty, which diminishes the protocol’s utility as a rational price discovery tool.


If fees aren’t high enough, then the most inefficient miners shut down, and the #Bitcoin difficulty adjusts down until an equilibrium is found.

If you don’t believe in the efficacy of free market price discovery, then it’s easy to be scared about fees sustaining the network.


The Spam Grift driving up fees on #Bitcoin is “easy come easy go”.

The fees can fall back down as easily as they spiked up.

This could lure many unsuspecting #Bitcoin miners into a trap if they’re turning on ASICs because of higher fees.

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcT-fnw0eTD8UAfwq6njKY5ZN63C1bPBeSSIVcmuThltgg&s


Yikes 😬


We become stronger in #Bitcoin  if we synchronize our behavior responsibly in the direction of freedom.

Spending & saving responsibly in #Bitcoin  is a positive sum game.

Trading DickButts using #Bitcoin are zero to negative sum games.

Understood?

Swim down. Swim together.

https://media.tenor.com/FhI3MkRKxyEAAAAC/swim-down-keep-swimming.gif


When you say “we should be worried about the security budget”…

I say “Difficulty Adjusts + Proof of Work + Free Will + Fiat Dollars still suck = you’re wrong to be worried about the security budget”

#Bitcoin Plebs need to step their game up on the critical thinking front.


Scales, weights, and measures are tools for verification and accountability.

Without tools like these, commercial and scientific pursuits would be a lot harder.

What these kinds of tools do for humanity is taken for granted.

#Bitcoin reminds us not to take them for granted.


I disagree that fees are designed to “pump forever”.

Fees & #Bitcoin difficulty are in a never ending equilibrium seeking dance.

Fees will rise & fall. Only super predictable & fixed design constants seem to be ~10 min block interval & 21M #BTC.


The Dollar is a corrupt money.

Tether is a tokenized Dollar.

Therefore, Tether is a corrupt tokenized Dollar money.

#Bitcoin is what you need. Stay away from Tether.


Do #Bitcoin miners understand how intentionally driving fees up with spam distorts their own economic cost functions and price signals?

My guess is some miners will turn on more ASICs in response to these distorted price signals.

Caveat emptor as always.


If the high #Bitcoin fees right now are primarily being driven by spam, grift, and money laundering, then all I can think about is how much miner economic and investment modeling could be/is being distorted.

Beware the price distortion attack from Fiat Grift Culture.


Security budget fear-mongers conflate idiosyncratic risks for individual miners with systemic risk for the entire #Bitcoin  Protocol.

They under-appreciate price elasticity (difficulty adjustment), demand for Sound Money, and #Bitcoin’s Infinite Game qualities.


#Bitcoin Plebs remain the most honest, vocal, skeptical, passionate, and diligent critics of #Bitcoin.

This helps explain why we’ve been able to keep dunking on the haters every 10 minutes for the last decade.

https://media.tenor.com/6ESSNMkBAF4AAAAC/shaq-fall.gif


“Money gained by cheating others will soon be gone. Money earned through hard work will grow and grow.”

-Proberbs 13:11 comparing the Fiat Standard vs. #Bitcoin standard.


For the #Bitcoin Plebs…

The etymology of “Tax” is interesting.

Traces to the Indo-European root “tag” meaning: to touch, handle," with figurative extensions ("border on; taste, partake of; strike, hit; affect, impress; trick, cheat; mention, speak of")


I think you catch my drift… the day isn’t actually 24 hours either… just an approximation, like so many things, but it’s still a pretty damn good proxy.

The cycles of the moon are fairly constant and predictable.

High tide and low tide are predictable. Sunset and sunrise are predictable.

Maybe the rising and falling tides are like the rising and falling difficulty in #Bitcoin.


A foot is 12 inches. A day is 24 hours. Earth’s Gravity is constant.

Basic rules of games ossify over time.

Hold the rules of the #Bitcoin game as constant as possible.

Increase user understanding of #Bitcoin  as sound money & develop player skills to match this understanding.


Until a critical mass of people stop hyper-obsessing over the Dollar price of #Bitcoin, then we’re all still shitcoiners in a way.

The Dollar price of #Bitcoin is an Oxymoron and a Shitcoin.

Good morning.


The ethical codes that we combine with #Bitcoin matter.

The business practices that we combine with #Bitcoin matter.

The opportunity costs that we discover with #Bitcoin matter.

Do your best not to distort or disturb the price signals that #Bitcoin is fermenting for us.


Maybe there’s an order of operations to this, but it seems best to build on top of a Sound Money use case FIRST. Then, maybe in 10, 20, or 150 years, the programmability aspect of #Bitcoin can be experimented with, but first things first.

#Bitcoin is chess not checkers.


Why Bitcoin  ….
Read this easy to understand, non-technical overview on the technology that is Bitcoin and you will have a deeper understanding of why Bitcoin will win.  This book is now in my top 10 recommended Bitcoin books list. https://image.nostr.build/46ad4057229c33cf3544d338cb9b8a2ecd452e3b1a6c4f7ba216f0ead37d86aa.jpg


If America didn’t abandon honest & objectively measurable Sound Money, then the Economists/Accountants would not have been fooled by the Fugazi Fiat Price Signals that suggested labor was “cheaper” overseas.

Study #Bitcoin.

Unlearn the Fiat conditioning.


Fiat price of #Bitcoin  is an oxymoron.

Build enough conviction in #Bitcoin in enough people, and it will transcend the Fiat price and flourish no matter what the Fiat Dum Dums say.


Using #Bitcoin for its highest and best use, like other technologies, requires practice, patience, homework, diligence, and using the technology for the specific problem it was designed to solve.

This problem could be described as the Degenerate Fiat Clown World Problem.


Some thoughts:

#Bitcoin doesn’t need Ordinals.

Ordinals needs retards.


Hear me out.

What if Satoshi invented #Bitcoin with the underlying assumption that users wouldn’t use the tech like complete morons & instead would use the tech for its highest and best use to empower humanity & engender peace & prosperity?

Crazy I thought I know.


1 There is a time for everything,
    and a season for every activity under the heavens:
2     a time to be born and a time to die,
    a time to plant and a time to uproot,
3     a time to kill and a time to heal,
    a time to tear down and a time to build,
4     a time to weep and a time to laugh,
    a time to mourn and a time to dance,
5     a time to scatter stones and a time to gather them,
    a time to embrace and a time to refrain from embracing,
6     a time to search and a time to give up,
    a time to keep and a time to throw away,
7     a time to tear and a time to mend,
    a time to be silent and a time to speak,
8     a time to love and a time to hate,
    a time for war and a time for peace.
9 What do workers gain from their toil? 10 I have seen the burden God has laid on the human race. 11 He has made everything beautiful in its time. He has also set eternity in the human heart; yet[a] no one can fathom what God has done from beginning to end. 12 I know that there is nothing better for people than to be happy and to do good while they live. 13 That each of them may eat and drink, and find satisfaction in all their toil—this is the gift of God.

The Time for #Bitcoin and honest money has come.


Humans will always have to trust other humans to fulfill their end of the contract. #Bitcoin doesn’t change this. It just changes the money, so trust can flow more efficiently between humans.

#Bitcoin scales trust. Not speed.


Buy the rip
Buy the dip
Buy the #Bitcoin
Abandon ship

Buy it early
Buy it late
Buy the #Bitcoin
You'll feel great

A Patient Ferment
Slowly bubbles
Buy the #Bitcoin
Solve your troubles


Self-fulfilling prophesies cut both ways. Be careful of the self-fulfilling prophesies you channel your energy into.

For example, Harari's Sapiens lays the groundwork for a Dystopian Self-Fulfilling Prophesy.

#Bitcoin lays the groundwork for a Utopian Self-Fulfilling Prophesy.


The Rhyme of the Ancient Banker

Heads I win.
Tails you lose.
It’s much more fun
When you’re in on the ruse.

QE for me,
And QT for thee,
And if all else fails,
QE Infinity.

Let them eat cake
And have it too.
I have had my fill.
How about you?

Got #Bitcoin?


Sooo when Nayib Bukele locks up violent criminals, it’s a human rights catastrophe.

But when the San Francisco Govt herds the homeless off the streets in advance of Xi, it’s a celebration?

🤡🤣

Ignore the Clown Show.

Study #Bitcoin my friends.


Did Rockefeller not only spread the lie of artificial scarcity of hydrocarbons but also get The Fed created so that there was always a lender of last resort to kick start demand for Oil?

Food for thought.

#Bitcoin  is Communo-Fascist Resistant Money


Churches, States, & #Bitcoin are different kinds of economic resource allocators for the “greater good”

Churches persuade people to give resources voluntarily

States persuade people to give resources under threat of force

#Bitcoin persuades people to give resources voluntarily


Intrinsic value of an asset is its value as calculated with regard to an inherent, objective measure. (Wikipedia)

#Bitcoin Difficulty (a proxy for value) is calculated with regard to inherent objective measures:

10 min Difficulty Target
21M #BTC
4MB Blocksize
Proof of Work


I care about Accountability, but I don’t obsess about directly punishing Clown Lords who benefit from the Money Printer.

Taking away the Money Printer is all that’s required.

The Free Market will take care of the rest.

Got #Bitcoin?


Man can ruin water.
Man can ruin food.
Man can ruin anything,
If Man is in the mood.

Man can ruin music.
Man can ruin sports.
Man can ruin Sunday Brunch,
If Man is out of sorts.

Here’s a pinch of Wisdom
for your Sunday Stew.
#Bitcoin ain’t the issue.
The issue here is you.


My condolences to all the Veterans of War who were misled into America’s Forever Wars.

We’ll never forget the lies that led to all the trauma.

I urge all the victims of the unjust Forever Wars to study #Bitcoin.

#Bitcoin turns swords into plowshares.


I don’t fully agree, but it’s clear that the #Bitcoin movement in the West has stalled intellectually in very important ways…

Namely the West’s obsession with higher Fiat prices of #Bitcoin and actively seeking more Fiat Institutional “adoption” and “validation” with things like ETFs, GBTC, Coinbase, etc…


The Law of One Price says identical goods or securities should sell for the same price, irrespective of location. It assumes free competition, price flexibility, & absence of trade frictions.

Fiat undermines the Law of One Price.

Study the #Bitcoin Difficulty.


If we sell our #Bitcoin to Central Banks then we will be playing ourselves and deserve to lose our Economic Freedom.

Selling your #Bitcoin to the Central Banks for Fiat is worse than the guy who sold his #Bitcoin for Pizza over a decade ago.

Iykyk


All things being equal, the early #Bitcoin adopter/stackers will have a higher willingness to spend BTC as time goes on.

Later adopters will be more willing to work for #Bitcoin as time goes on.

The bootstrapping phase till 2140 is going to be Epic… equilibrium will be discovered.


#zapathon nostr:note135dldmk5tp9xv4dlfydtygr86vyz4sm3gza68ern3jys0rsnf8ds24y4sy


The alt-coiners are parasitic mimics.

They mimic parts of what they see in the #Bitcoin community aka enthusiasm + higher fiat prices, corrupt the core message and use it to lure in people to their  other coin that’s “like #Bitcoin , but better”

I think if we want to see less scammy alt-coin behavior, then more #Bitcoin Plebs have to make a point of de-emphasizing the importance of Fiat Dollar prices.

The OG Matrix meme is still the controlling meme.

#Bitcoin was invented without a Dollar price.

Don’t forget that.

https://imgs.search.brave.com/3h_DYdk5EWD-2G2lOXiI8IhnlOVpHAtmXkKUIlJ3tBE/rs:fit:860:0:0/g:ce/aHR0cHM6Ly93d3cu/Y29pbmRlc2suY29t/L3Jlc2l6ZXIvbXFh/VG15Yk1OY3M1Sldk/REt0d3VJMUlpQnp3/PS81NjB4NDY5L2Zp/bHRlcnM6cXVhbGl0/eSg4MCk6Zm9ybWF0/KGpwZykvY2xvdWRm/cm9udC11cy1lYXN0/LTEuaW1hZ2VzLmFy/Y3B1Ymxpc2hpbmcu/Y29tL2NvaW5kZXNr/L0hJRE9JSkFMWFJB/Q05IVVFEWjZaSDVN/TE1RLmpwZw


#BTC Plebs: Alt-coins should be criticized.

Not wrong

Also #BTC  Plebs: The #Bitcoin  Dollar price is up so much this year! Yum! Yum! Buy my products!

Wrong.

$ price of #Bitcoin is a Shitcoin.

We point out the speck in our brother’s eye, but ignore the log in our own.


I used to be a lot more focused on the $ price of #Bitcoin.

I used to see $ price as a justification of value.

And while I only ever dabbled in Shitcoins, my justification by $ price mentality (Greed) validated coins like ETH in my mind, whose $ price has gone up over time.

This “justification by $ price” mentality clouded my judgement… ETH’s $ price went up, so clearly I misunderstood something about ETH’s value proposition.

ETH’s $ price even outperformed #Bitcoin over certain timeframes.

Better to stay open minded about ETH I thought.

Who was I to judge the ETH origin story, or the pre-mine, or the DAO crisis, or the planned transition to Proof of Stake?

The $ price of ETH was going up like a rocket… like #Bitcoin’s $ price.

So some seeming minor diversification into ETH away from #BTC “made sense”.

In hindsight, my mistake was in allocating too much credibility to the Dollar Price of #Bitcoin , which really has nothing to do with how or why #Bitcoin  can help humanity… I then applied this Fiat thinking to Shitcoins like ETH.

I only say all this to help the #Bitcoin community understand something.

Our obsession with the Dollar price of #Bitcoin is probably giving people the justification they need to consider Shitcoins… because the Dollar price of those coins go up too.

At some point, we should stop and check ourselves when we overly emphasize the Dollar price of #Bitcoin.

When we obsess about the $ price of #Bitcoin we are unwittingly giving false justification for considering Shitcoins.

It’s important for all #Bitcoin Plebs to remember that Satoshi created #Bitcoin’s rules and design without the Dollar in mind.

#Bitcoin is independent of Fiat rules.

#Bitcoin has always been about Proof of Work and free market price discovery (difficulty adjustments).


Politicians don’t like #Bitcoin because it’s too transparent and requires too much accountability.

Every Dollar the US Govt spends should be broadcast publicly.

Instead our govt upends people’s lives with Illicit Mischief Money in the Dark.


Demand Justice everyday
not just on Election Day.

Study #Bitcoin.


I’ve paid a lot of taxes over the years…. Not proud of it.

The US Govt perpetuates Evil in the name of its taxpayers. We are all guilty for letting it get so bad.

Abolish 16A.
End the Fed
Declare a Jubilee
Study #Bitcoin


Government Debt
Is backed by Theft
Do you want to learn
About #Bitcoin yet?


I was a late #Bitcoin Twitter adopter

But I’m happy about being an early #Bitcoin Nostr Adoptr.


#Bitcoin is needs based… and necessity is the mother of invention.

Innovation and efficiency would flourish on an Honest and Accurate Weights and Measures Money Standard like #Bitcoin  and Gold.


resource and energy allocation through the Magic of Free Market Price Discovery and Business Ethics.

#Bitcoin Plebs are to Billy Madison as Fiat Clown Lords are to Eric.

I choose Business Ethics.

Iykyk


Sooner or later the people who do the hard physical work that creates the convenience of modern life will no longer accept Fiat Clown Money for their hard work.

Eventually a tipping point of people will demand their work be denominated in a real unit of measure like #Bitcoin.


Did the Protesters finally realize The Fed enables the excessive consumption fueled by Fractional Reserve Banking that is destroying our environment?

The Dollar fuels excess demand of Natural Resources.

#Bitcoin balances instant gratification with deferred consumption.


#Bitcoin is incompatible with terrorism and criminality.

Fiat Clown Dollars are very compatible with terrorism and criminality.

#Bitcoin adoption by terrorists will always be "low"/negligible.


Price Fixing is to Fiat Clown World as Price Discovery is to #Bitcoin.


No matter how rich or poor you are, every person needs about 2-3 meals per day, shelter, water, etc..

Our needs are roughly the same.

Trouble starts when we take our needs for granted.

Fiat prioritizes desires over needs.

#Bitcoin harmonizes needs with desires.


#Bitcoin gives us an unstoppable Economic Game with internal scorekeeping & price-setting mechanisms that makes Peace and Patience more profitable than War.

But people have to understand the rules.

Naismith and Nakamoto knew this.

https://imgs.search.brave.com/9sXJutMB4xoHOO-6Tf7W5eAATpcO2WZ47JshXgjSY1I/rs:fit:860:0:0/g:ce/aHR0cHM6Ly91cGxv/YWQud2lraW1lZGlh/Lm9yZy93aWtpcGVk/aWEvY29tbW9ucy80/LzRhL0RyLl9KYW1l/c19OYWlzbWl0aC5q/cGc


Every single Generation alive today was born into a financial system ruled by Central Banks.

We've all been brainwashed by Fiat money and the culture it has created.

Let that sink in.

It's hard to admit when you've been fooled, but #Bitcoin can show us a new way forward.


If you only care about the Fiat price of #Bitcoin, then personally I'd rather have you on the sidelines.

I don't want Fiat mentality influencing the on-chain metrics or other people's understanding of #Bitcoin.

The Fiat price of #BTC is a Fugazi.

Know what you own.


Proof of Work helps solve the Free Rider problem of Fiat Dollar Money.

Study #Bitcoin.


If I didn’t think my thoughts could help the world, I wouldn’t tweet about #Bitcoin and other tangential topics all the time.


JP Morgan, Rockefeller, and Woody Wilson brought communism to America in 1913 with The Fed and Income Tax.

GOAT level cope/tyranny right there.

Study #Bitcoin my friends.


#Bitcoin turns bloodlust into compassion.


Knowing that I will die one day in the end and that I will die sooner if I don’t take care of basic needs like food, water, shelter, etc… is all the incentive I need to spend money.

I don’t need inflation or money printing to motivate me to spend money.

Study #Bitcoin.


Freedom scales “faster” than #Bitcoin.

Freedom will pave the way for #Bitcoin.


Christianity's strength in the Pre-Constantine Era definitely seems to at least be partly explained by its decentralization, open-source nature, and the proliferation of writing that Jesus of Nazareth inspired.

Definite parallels to the Early #Bitcoin years.


#Bitcoin is an energy efficiency competition at its core, and from that finite and repeatable competition every 10 minutes... Sound Money emerges.

The energy efficiency competition is essential for the #Bitcoin Ferment.


Monotheism was/is to Religious Thought as #Bitcoin will be to Money.

A dominant form.

Good morning.


Proof of Work is what powers the “gravity” of #Bitcoin.

All #Bitcoin in existence, if it wants to move from one address to another address, is designed to be powered/pulled/pushed/fueled by Proof of Work in the meatspace and protocol layers.

If we want #Bitcoin to be the North Star for the Global Economy…

Then we need the 21 million cap + Proof of Work + ~10 minute difficulty target to be the North Star for #Bitcoin.


#Bitcoin will make words honest and accurate again.


Dollars are backed by Laws of Men

#Bitcoin is backed by Laws of Nature.

If Human Beings want to use Money, then we need to submit to Nature.


Uncle Sam is always one catalyst crisis away from drawing down its Infinite Cash reserves from The Fed.

Will the latest Israel/Palestine conflict be that next catalyst?

I don’t know, but #Bitcoin doesn’t care.


The best way to stay close to truth is to mind your own business.

#Bitcoin is mind your own business money.


#Bitcoin is Five Loaves & Two Fish.

Waste not. Want not.

Seek and you shall find.

Be grateful for what you have.


Hunger is to Dollars as Fasting is to #Bitcoin .

#Bitcoin  reminds us that the Mind-Body connection is a two way street that must be mastered with discipline, perseverance, wisdom, patience, creativity, and a good faith outlook on life.


"When the duck was thrown in an arc, accuracy was more effective than force. With this in mind, I thought if the goal were horizontal... the players would throw the ball in an arc; & force would be of no value."

-Naismith on the principles of accuracy in Basketball & #Bitcoin.

https://imgs.search.brave.com/1R_ytCFUBHFQkNkga3BALAV9-XtjUkgDrwPm26ZUIWs/rs:fit:860:0:0/g:ce/aHR0cHM6Ly9tZWRp/YS5nZXR0eWltYWdl/cy5jb20vaWQvMTE1/MDMyNDE5Ni9waG90/by9zZXRoLWN1cnJ5/LW9mLXRoZS1wb3J0/bGFuZC10cmFpbC1i/bGF6ZXJzLWd1YXJk/cy1zdGVwaGVuLWN1/cnJ5LW9mLXRoZS1n/b2xkZW4tc3RhdGUt/d2FycmlvcnMuanBn/P3M9NjEyeDYxMiZ3/PTAmaz0yMCZjPWVJ/NHlxZDcxSER5RHNS/V2lCTlI0UTh5ekdW/eTdRXzRlbWRvdXlR/cEljeG89


“There is one group of men who, because of their interest in basketball, have given time and care to the development of the game. They have had at their heart the interest of the great mass of people who are playing.”

-James Naismith on the early adopter developer community of Basketball and #Bitcoin.

https://www.thoughtco.com/thmb/9bfx7LttMridr1OrXNX7zAHhHAE=/1500x0/filters:no_upscale():max_bytes(150000):strip_icc()/james-naismith-with-the-first-basketball-team-515608006-5c8e84c346e0fb000187a2f5.jpg


"In the years since basketball was started, the interest in the game has grown... It is very gratifying to me that... there have been no changes in the fundamental principles on which the game was founded."

-Dr. James Naismith on Basketball & #Bitcoin sticking to core principles

https://static01.nyt.com/images/2014/05/02/upshot/03UP-BESCHLOSS/03UP-BESCHLOSS-articleLarge.jpg?year=2014&h=438&w=600&s=22fc71373ec799b6a6ef98fb263df088fce08769beb5420cd5de3c6cf430f9be&k=ZQJBKqZ0VN


"I have been asked whether I ever got anything out of basketball... my pay has not been in dollars but in the satisfaction of giving something to the world that is a benefit to masses of people."

-James Naismith & (probably) Satoshi on giving Basketball & #Bitcoin  to Humanity.

https://e0.365dm.com/19/05/768x432/dr-james-naismith-university-of-kansas_4674413.jpg?20190520152832


“Games have been called the laboratory of moral attributes; but they will not, of themselves, accomplish this purpose. The must be conducted by competent individuals.”

-Dr. James Naismith on Basketball and #Bitcoin

https://upload.wikimedia.org/wikipedia/commons/thumb/4/4a/Dr._James_Naismith.jpg/1200px-Dr._James_Naismith.jpg


"The trouble is not with the men but with the system that we are using.  The kind of work for this particular class should be of a recreative nature, something that would appeal to their play instincts."

-Dr. James Naismith on the struggle to discover Basketball and #Bitcoin

https://www.heritagetrust.on.ca/images/content/inline/exh-sport-James-Naismith-KUA.jpeg


"Self-sacrifice, a willingness to place the good of the team above one's personal ambitions... There is no place in basketball for the egotist."

-Dr. James Naismith on the importance of Self-Sacrifice in Basketball & #Bitcoin

https://cdn.britannica.com/57/233657-050-4F5AC495/James-Naismith.jpg?w=400&h=300&c=crop


If you don’t think the Fiat financial markets are rigged, then you probably think we have free and fair elections in America.

Got #Bitcoin?


Ticktember
Tocktober
Nextvember
Blockcember

#Bitcoin


The Dollar is Marxist.

The Dollar price of #Bitcoin is Marxist.

The Dollar price of #Bitcoin is a Shitcoin.

Opt out of Marxist Dollar Prices.

Opt into #Bitcoin.