justin trudeau is on Nostr!?


We went like this, he went like that. I said to Hollywood “where’d he go?”. Hollywood said “where’d who gooo!”.


lol, it’s so true.

I love that: I’m chill

You are NOT “chill”

😂


You show me the use the force Luke scene and he turns off his targeting computer - I will cry in front of you right now I don’t even care who you are.


They did!?


less “Who is Satoshi ??”

more “Thank you, Satoshi” https://image.nostr.build/cbb720b6d1ffe93ae9dca787705d67a61dbc700838bdf309445d826c7cd9baea.jpg


He did say “human” social order. So he is correct. And you are correct.

🤙


Every human social order is built on a foundation of violence.

Except bitcoin.


Hash tag SOUND money


"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to be the tool by which men deal with one another, then men become the tools of men. Blood, whips and guns—or dollars. Take your choice—there is no other—and your time is running out."

#AynRand
#AtlasShrugged
#BTC


🧡 this.


Why do I feel like this will be the greatest novel in history.


And I


*raised through equity


I agree with this completely.

I think it’s going to take a long time.

And I think if/once BTC completely displaces fiat no one will accept yield denominated in fiat at all.

And this is where I think during that conversation they were each talking from the perspective of two totally different worlds.

I agree with what Saif said, capital will only be able to be resisted through equity. Why? Because the produce of a business can always expand. So ”yield” can come from production and sharing in that production, regardless of what the prices of the produce are (going down).

So in a sense, the nominal yield in Bitcoin terms will be negative. But the real yield will be positive.


🫡 Super fiat to think the solution to every one of my problems can be conjured up from somewhere else by someone else.


I don’t know, but I do know that when my kids get their first house I am going to flood the bathroom, leave all the lights on, and swing on the railing until it busts off 😂


Can you block bots on Nostr?

I have a nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a and nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech imperators following me.

I see mute. I need to do a better job of keeping my Nostr network clean than I did my Twitter network.

Is mute the same thing?


That’s deep bro. That’s deep.

🤙


Fairly new to Nostr. What is the advantage of adding more relays?

Should I be adding any I see?


Bitcoin is for anyone!


*Be


Nice Bro!

Being 🙏 for your first day.


💯

We want, classically, something durable, fungible, divisible, portable, and scarce.

For myself I would then say that a medium having those properties will lead to said medium being selected by the market as the chosen money, which will in turn lead to said money maintaining its purchasing power over time, or, “holding it’s value”.

Saying the same thing at the end of the day 🤝


🎯

The money - itself - is not the thing of value.

Money merely REPRESENTS that which has value in economic activity.

So the question is not “what’s the most valuable money?”

The question is “what medium best fills the role of representing that which has value?”


It’s a great question. It would seem to me that it corresponds to reality that there IS an objective point of reference out there somewhere.

I do not believe any human can fill that role.

Perhaps it’s a clue to the necessity for something transcendent.


I don’t think Saylor was saying, or thinks, that Bitcoin itself will be lent and paid back at interest.

I could be wrong of course.

I think he envisions a world that looks a lot like today. But instead of manhattan real estate being the best collateral and property, Bitcoin will be the pristine and most desired property. But still with all things fiat surrounding it.

Whether he is right or wrong or whether that is an ideal future or not aside.

But I agree was a thought provoking convo!


Great video as always 🤙


Bro stop digging. You are committing one of the classic blunders. The other of course being never get involved in a land war in Asia.


Hi, nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l , I see from your LP letter TPL is still one of your bigger holdings.

2 things I’d love to get your thoughts on: besides BTC it is my second largest holding. I feel it’s gotten over its skis a little in terms of multiple. I still feel it’s a forever asset (side thoughts on that?); can you talk me off the “I’m going to sell it and buy it back cheaper” ledge please! Or do you have a different view?

I also “took a flyer” (I did read the IPO documents) on the Landbridge IPO. Not right at the IPO price but soon after. Have you looked at LB to any degree? Any thoughts? Less O&G royalty revenue as you know. But I do like that the surface holdings are more contiguous than TPL’s generally. Seems to offer more optionality for industrial opportunities.

Any thoughts appreciated!


Thank you nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l !

Always look forward to your thoughts.


This is 100% right.

There should be no despot of who can fly helicopters where.


GM!

A friendly reminder that the money - itself - is not the thing of value!

Now let’s get out there are create value today!


GM!


I think you are 100% correct here.

I’m the US they don’t even hide it, they call themselves democratic socialists.

I like bureaucratic socialism!


You know who your true friends are when one shows up wearing the t-shirt they made of you giving the nostr:npub15dqlghlewk84wz3pkqqvzl2w2w36f97g89ljds8x6c094nlu02vqjllm5m “bitcoin is a shining city” speech 🥹 https://image.nostr.build/ad6901e0af165e49d46140c6596677165fe79424b1584d244de93d2fc6b264d5.jpg


Although it also just hit me. Ukraine’s really not getting any money either…it’s all going to arms makers, arms dealers, and the middlemen (whomever they may be).

So there’s that I suppose?


Well if it’s even half as quality as Broken Money then please do.

Side note, can I ask you a question about fractional reserve banking I’ve never seemed to be able to get straight?


Are you writing a fiction novel @LynAlden !?


🤣 bro.


Mmm, well, there may be a place for NATIONAL defence. But that’s probably it.


Oof, the FEDERAL government?

B.


Brett

Jesus of Nazareth is the way, the truth, and the life. Reformed Bitcoin misunderstander.


Where do you get this sick art!?

Some of the things you’ve said were INSTRUMENTAL in my Bitcoin journey, nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc

Thank you!


lol, “I’ll eat a whole pumpkin pie”.

Super entertaining and informative episode gents.


This was a great discussion. Thanks gents.


Great image. Gives me Atlas Shrugged vibes.


I remember watching that!

Great talk. And great Q&A.


What would be your preferred method of hedging, nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l ?


I often wonder who makes all the YouTube videos about every random car repair scenario.

Like who, actually, does it.

Someone. Obviously.


Question though nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa !

How exactly does it work?

1) $100 dollars deposited at institution A, A keeps $10 (with a 10% reserve ratio), and lends out $90, the $90 gets deposited at B, who keeps $9 and lends out $81, and so on and so forth until the $900 is created, or

2) can A hold the $100 and create $900 worth of loans straight away?

And if it’s 2) wouldn’t institution B then be able to create $9,000 of loans straight away from the $900!?!?


The Bitcoin Standard will always have a special place for me of course.

But is it sacrilege in the community to say Broken Money is a more important work imho?


That video (English only for me unfortunately) is incredible. Have shared it with many people.


I have to believe there are a lot of people who bought during the 2021 run that have been suffering from get-back-to-even-itis the last 3 years who are just happy to do so. Still lots of selling from that cohort imho.


I am right there with you, Bro.

I just started studying for L3 of the CFA exams.

I am 2 in so I want to finish.

But I can appreciate the feeling.

Sometimes it is difficult to continue on when continuing on means accepting (for that purpose) certain ideas I feel are straight up not true.


Going to try it out over here!