🧡 - Much appreciated.


Where do you spend most of your time and energy?

A system trying to control you with fear and division? (And is it getting worse?)

Or

A system based on truth, hope and abundance? (And is it getting better?)

The world is a mirror reflection of our thoughts, words, and actions.

Ps - this is not a question for most people here on #nostr and #Bitcoin but more of question for your friends and loved ones who think you’re crazy. 😂

https://www.youtube.com/watch?v=Nn2H-XKEN98


Welcome!


The reason I do that are twofold - 1) so people do their own work to understand how each of us (as nodes) ensure decentralization. (We would not vote against our own self interests) and 2) because of the power of the existing system over us, how that impacts our actions, and how most people are really bad at seeing 2nd and 3rd order effects.

In other words, “WE” each matter in keeping bitcoin decentralized and secure BUT human action (unable to see what can be better solved at layer 2 and 3’s) will fight to solve their own thing on layer 1 - eventually with a ton of money behind them to “try” to market to “us” why it is critical. Drivechains is a good example with a small amount of “marketing”.

That is the only risk!  Or simply said - We are all #Satoshi.


Yes - should have made that more  specific. That said, since I wrote the book, global debt has risen to approximately 400 trillion while GDP has remained similar - which reinforces the point I was making.


Thank you!


It is a pretty cool feeling to have done a bunch of zapping in the last week and watch my wallet balance (when measured in fiat) go up.


A good read on the subject is Power versus Force by David Hawkins.


Thanks!


Happy to do that.


Thanks my friend!!


🧡 🙏 Thanks Duncan - That means a lot!


At least for the 200 or so people gathered around me for 2 hours after the talk, I suspect they’re taking steps to protect themselves.


New presentation that I gave to over -1100 Real Estate investors explaining how #Bitcoin was transitioning us to a more hopeful abundant future.
Hope you enjoy!

https://www.youtube.com/watch?v=Nn2H-XKEN98


❤ - This is home for me! Twitter is just a place I rent in order to bring my friends over here.


😂 - I’ve posted it on my website jeffbooth.ca and “repeated often” don’t follow me unless verified there too.


Thanks and my reply here might find a few!


I think so too 😀


Fear versus hope

An eternal battle inside each of us - with our thoughts and actions reinforcing the world we each see.

Fear slows/stops some people from moving towards hope, which is why it is such an effective tool for control.

But in the end, hope is more powerful because it unites us - speaks to a higher purpose.

Keep the high ground my friends!

Our choices and actions shape our future.

#Bitcoin
#Nostr


I suspect that this proposal will not pass as written but even by proposing, it will bring much more awareness to a system built of manipulation and control, versus truth and freedom.
The US will not beat China by being more authoritarian than China, so I’m betting that smarter heads will prevail, but even in the event they don’t - it would only accelerate the development towards countries looking to take advantage of the US increasingly turning away from individual rights and freedoms and a free market.
But as you say nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a - We are in the “then they fight you” stage.


😂 - I love this!!! I know her and I’m pretty sure she couldn’t.


Could you swim - 76km, then bike - 3600 km, and then run 844 km?

And then do the whole thing again 10 days later?

Crazy!!

https://www.castanet.net/news/Vernon/452821/Vernon-s-own-Shanda-Hill-on-the-verge-of-making-history-at-the-Decaultratri-Double-Deca-Continuous


Agreed, although I think the number is somewhat higher.
In addition, that number will rise as more people understand why it’s important  and it becomes frictionless to run a full node.


Predicting emergent, complex behavior on an honest ledger is extremely difficult if you’re measuring it from a dishonest, manipulated ledger.

#Bitcoin
#Nostr


Add a lightning address to your profile so you can get zaps.


Welcome!


Our thoughts, words, and actions matter.

The future doesn’t just happen to us.
We help create it.

#Bitcoin
#Nostr


Because you’re measuring it in US dollar prices versus the prices of everything else. For instance: my lake house 3.5 years ago was worth $1.4 million or 300 Bitcoin. Today it is ~ $2 million or 50 Bitcoin. In fiat it has gone “up”. In Bitcoin, it has gone down.


I know hindsight is 20/20,

But I have this conversation so many times a day and it’s seems like the simplest concept.

Everything we make as measured in energy takes less and less energy per good

Everything we make as measured in currency costs more and more per good.

So what’s the sensible thing to do? Stop using currency and use energy money instead.

All bitcoin does is accurately represent the energy to good ratio without manipulation.

Thank you nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe for articulating this so simply and effectively, it’s an incredible foundation to stand on.


One of my favorites!


It removes the ability for a dictatorship to thrive over the longer term because it transfers away the power of the state to its people.


I’ve talked with Brock often and consider him a friend (even though we disagree).


😂 I too - have come across that eloquent guy and agree with him!


When you’re pricing #Bitcoin in a fiat contract that is being debased (slowly or quickly) you are thinking as a trader.

Ie - I’m going to trade my #Bitcoin (at some price) for a money that must be devalued further (at some point)

While you may win a short term on the “trade”, the truth is that #Bitcoin is repricing everything. (Just some things are holding their value better than others)

And picking up pennies in front of a steamroller is a pretty risky strategy in my humble opinion!!!


I know Ben well and he used to do some
work for me. He raised a bunch of money in the ICO craze.
He is a good and smart guy but painfully mistaken on blockchain versus Bitcoin. Probably due to incentives of trying to make his business work.


Prices fall to the marginal cost of production in a free market!

What is the “cost” of a line of code created by other lines of code?
As this moves into more industries, what is the cost of an AGI that can do any job better than people?

The only reason prices go up
Is they are manipulated to do so through an unlimited ledger. (We don’t live in a free market)

Bitcoin provides a limitation (21 million) to this ledger and therefore when measured in it….prices fall along with productivity gains.


Interesting report/investigation on the progress of AGI. (Artificial General Intelligence)

The exponential changes are coming faster than most people can possibly get their heads around.

If you’re measuring your life in #Bitcoin, the abundance gained from technology like this flows to you in the form of lower prices.

If you’re not measuring in Bitcoin, you will be increasingly confused by a control structure, communication, and regulation designed to steal this abundance from you.

https://docs.google.com/document/d/1K--sU97pa54xFfKggTABU9Kh9ZFAUhNxg9sUK9gN3Rk/mobilebasic


😂 - correct to it not helping pay the debt burden.
The unlimited velocity of it removes an anchor to existing system and ensures far less debt for a productive economy.


Yes - measured in Bitcoin….and not a light switch. A transition where each year they get more for less on a scale that continues into the future.


I think the labour market will shrink as people and the fall in price of things will allow it to shrink without them turning to ever bigger government to “save” them.
The free market will always create value for those who find ways to make other lives better.


Years ago, I said that velocity of money can be almost unlimited on a Bitcoin standard. He was probably referring to that.


The human mind is “amazing”

Imagine watching what happens to other nations and their people as their currencies lose value…..yet failing to connect the dots to the consequences of it in your own country.

Just “imagine”

#Bitcoin
#Nostr.


🙏 - If only I could finish my sentances before starting my next thought. 😀


Yes, I have read it.


Yup - and also why it’s so important to tune out the noise and focus on all of the beautiful people building to our future. Many of them here on #Nostr already.


Honest, immutable systems reward honesty.

#Bitcoin.


Thank you Lewis!


Because the conversation opens the eyes of many others still trapped in the matrix 😉
Even George himself has gone from Bitcoin is nonsense, to everyone should own some Bitcoin over a period of about 6 months.
We are so early! Even among those who hold #Bitcoin, the vast majority price it in dollars - subtly reinforcing it as a “trade”


We all stand on the shoulders of those before us!


It is early and the rate will be variable because of the market. Also - it is not “yield”, It is fees from lightning that are shared with providers of liquidity.
Follow Breez, as they are building this in a non custodial function where you still control your keys.
Others will follow and the “market” rate will be based supply and demand.


Thank you - I just consider that most of George’s followers and people in his circle reinforce his blind spots…..which makes me have curiosity & humility in seeing my own.
In a strange way, this is connected to why George is still confused because he thinks the existing system (that he hates AND makes stronger with each of his actions) will always look that way versus losing its power slowly as more individuals (nodes) move their time and energy.
Or in simple terms - We are all #Satoshi


😀 - Thank you!


I really resonate with what nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe says in terms of putting your time and energy into the system you want to prosper.

I’m doing what I can to shift my short and long term focus to #bitcoin and #nostr.

Who’s joining in?

🧡🤝💜

https://fountain.fm/episode/LsJM0bmcjFAiElUzUlH1


VPN to Canada


VPN to Canada.


The winners write the history books!


Use a VPN or type general magic documentary into browser.


😀 - Pretty sure you’ll enjoy it!


Highly recommend that you watch the General Magic documentary if you have not seen.
The story of a huge vision for a connected device long before the iPhone, the role of timing in a start ups success, how open networks win, and how many of the greatest names in tech got it wrong….and then right.

“Failure is the start of success”

Link:

https://www.youtube.com/watch?v=JQymn5flcek&t=3501s


Looking forward to this one as we have some pretty cool things lined up!!
Join me if you can. nostr:note1s00vgn2twdn8pgush8893uzcwm546u4u6mvr7kv227drxl9hvgnqutkxx9


Awesome!!


“Money is superordinate to laws… Unless money is fixed, the fight you think you're winning will be lost.” — nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe

Until you understand this, *you* will be lost.

Study #Bitcoin https://i.nostr.build/9VXE.png


Just watched your latest video Joe - So cool!!


Good question and probably more nuanced than I have time to answer now but - I think many of the fees on layer 1 for inscriptions etc will move to layer 2 since there is no economic reason to introduce an oracle into layer 1. Most of these (and the fees from them)  are only get rich quick schemes base on short term incentives. That will play out while layer 2 and 3 mature and then move to where it makes economic sense and fees from them will fall. Keep in mind - I’m talking about a long term process and not the fear and greed combined with recency bias that will have everyone forecasting the future by projecting the present. As for changing bitcoin core to artificially create more fees here for miners that aren’t profitable in a free market - it is ludicrous.
I believe the combination of the above + what is coming on Lighting + what is coming on Fedimint (which removes/reduces the load on Lightning) allows the scaling of Bitcoin to billions. That is without breakthroughs created from these innovations and constraints.
Hope that helps!


Great write up from Roy at Breez about removing roadblocks to scale lightning and what can happen when you do.

The talent in this ecosystem is mind blowing!

https://medium.com/breez-technology/building-on-lightning-how-satimoto-is-beating-fiat-with-the-breez-sdk-88aa8252a994


Look forward to that Tim!


Thanks Rowan!


I have empathy for the people reinforcing their worldview through centralized money and media.

The vast majority of peoples thoughts and actions are so influenced by that control, (and believe that they are not) that they unwittingly give it more power.

#Bitcoin
#Nostr


#Bitcoin > 3 letter agencies.

Because it is all of us.


If you get a chance to go to the listening room in Nashville, don’t miss it. Wow!!! https://image.nostr.build/34daa6b8156cf82cce0d987e04cffb24fc9eca08c46a19b5a9435078633613fd.jpg


Awesome!


Highly recommend.It’s awesome!


Just left Telluride and now at #Bitcoin Park in Nashville with Bitcoiners from all over the world.
It would be hard to overstate the growth and hope in this space as the best and brightest people in the world come together on an open network of aligned incentives.
We are all Satoshi.


Sure did


Thanks Ben and so good to spend some time with you again.


Thanks James!


To say that I'm excited about this would be an understatement.

nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft is obviously a legend, and my hope is that we'll manage to attract people like him: high spirits, pragmatic, optimistic, competent, technical, and not naive. Many things need fixing, and we need an army of people to fix them. But we have to do it right. We must not repeat the mistakes of the past. We must not lose sight of the principles that make #bitcoin and #nostr great in the first place.

The beauty of the orange coin and the purple nostrich is that they allow the building of things previously thought impossible. We see inklings of this already: streaming money, zaps, self-sovereign identity, lightning prisms, unconfiscatable wealth, timelocks, and more. I'm sure there's a multitude of things that we can't even think of yet. Things that will be obvious in hindsight. The goal of the Sovereign Engineering Cohort is to collaboratively dig for these things and figure out how to make them work for the long term. Explore the open seas that cryptosovereignty opens up. Without hubris. Without nostalgia. But with plenty of optimism and an eagerness to build towards a better future.

We haven't figured out all the details yet, but we're getting there. We'll share more updates as we move along. "Build the tools. Ship the future." That's the over-arching theme, with self-sovereignty at the center.

If all that sounds interesting to you, consider coming to Madeira to spend two months with a bunch of psychopaths (us).

nostr:nevent1qqsqr2prnj5qtzk47ushcqw0ynm4ecysvvg00krctsl6qs3xnge6m0spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygyrmxv6zjrzts7jhwqe4ucxfs8k5ykhm2y0dzevdy3p7wn5v9carypsgqqqqqqspg0pxf


Just announced the #Bitcoin Atlantis conference in Madeira next March and think it’s going to be a really special event.
Hope to see you there!

https://bitcoinatlantis.com/


Thanks Theo! On my way to see you play right now and super excited for it.


Love how #Bitcoin is weaving itself into art and music!

Here’s friend Theo Katzman new release “Corn Does Grow”

https://youtu.be/zkeuo9brMnI

On tour now if you want check out the band live http://theokatzman.com/


The creature from Jekyll Island, Lords of Finance, Human Action, and as a bonus...anything #[1] writes (she has her first book coming out this year)


Jeff Booth

Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital


Ty


It removes the risks of centralized power - ie - a government going to Microsoft and censoring what is allowed to be on GitHub, and as a result….enables a faster build (or removes risk) to a peer to peer internet.
PS - replace GitHub with any centralized exchange and it is similar.


As Charlie says - follow the incentives. His wealth and fame is mostly driven by a stealth tax on the rest of society…this makes perfect sense.
Good thing he has no power in an open, decentralized and secure protocol that gets stronger with each additional user that takes away his stealth tax.


you bet and...you too!


Love it!


Thank you!


very cool


🙏- To you too!!


Hey Ollie - For your twitter image....open it in new window, then right click and it will open a new link....Use that link for your profile pic.


What is happening on #Nostr is a tectonic shift in the way the world is organized. Moving the power from walled gardens who monetize us/our information back to us has profound implications.
Glad to be here with you all!


Hey Suzie - great to see so many friends here.


Yes - just a lightning invoice from Blue wallet.