Which country is the United States' No. 1 intelligence service partner?
Hints:
1) Not a five eyes country
2) Taxes are extremely high
3) Elon has recently commented on the extremely high level of gaslighting in this country's MSM
4) Its people celebrate the country's constitution day harder than any other
5) Together with its neighbors, this country's ministers (in the govt) have the lowest level of education in the world
But, these laws might be a violation of EU law (free movement of capital, we are bound of these EU regulations due to the EEA agreement between EU and NOR)
The extreme expansion of the monetary supply 1914-1971 caused a massive growth of the state, it imposed a too big burden in taxes and regulation. Humans, society and the economy is very plastic, but there are limits. Cutting the ties to gold probably became a release valve, and in fact the expansion of the monetary supply gradually (but bumpy) came down a little bit.
Interestinf to see that a couple of Trump's picks are "Norwegians."
Here you get to know the new U.S. Secretary of Defense, Pete Hegseth, who has Trønder blood in his veins.
(Trøndelag is my home region in Norway)
https://video.nostr.build/5837f8f800bb1d5ab6c2aca5c0708e88f121617704c14659aded1491e6f3f2d6.mp4
His great-great-grandparents, John Pedersen Hegseth and Anne Olsdatter Hegseth, moved to Minnesota in the mid-1800s.
Pete Hegseth himself has served as an infantry officer in Afghanistan and Iraq.
He was awarded two Bronze Star medals, typically given for heroism or meritorious service in a combat zone.
In the interview, he discusses how the left reformed public schools in the U.S., working to remove religion to make people more loyal to the government and believe in socialism.
He simply says that schools replaced faith in God with worship of the state.
Seems like a tough guy with a healthy dose of anti-state thinking.
In other words, a good old-fashioned Trønder 😁
It's a process, and it's a war of ideas we are fighting. It helps not to generalize. If you are able to see through what many can't, people who blame peoples for their governments' actions, that helps. I don't have any bad feelings against anyone for their race or religious beliefs, only for their harmful actions. But I do know that I'm obliged to fight for liberty, and that I must understand who's just pieces on the chess board, who are being moved around by others.
Looking forward to see "the next Joe Rogan" to say the same about a Nostr app as Rogan said about X:
"X is the number one news source on earth. It's the most trusted, because it's the only one which is not fucked with."
(#2255 - Dave Smith)
Kjære alle Bitcoin-interesserte og nysgjerrige!
Endelig, etter to års arbeid lanserer duoen i UNDOQO boken Arrow of Truth, oppfølgeren til bestselgeren Fraudcoin.
https://image.nostr.build/5fac7ba3505e368aa17c8961d4d1da00e830ca803a828e161df80669ae22cc92.jpg
Boken gir unik innsikt i hvorfor Bitcoin er så viktig, og utforsker hva som kan ha vært Satoshis motivasjon for å skape det som kan bli den viktigste teknologiske og politiske innovasjonen som menneskeheten noen gang har hatt.
Spennende historiefortelling og enkelt språk, spenstig grafisk uttrykk, friske farger, tegnede illustrasjoner, alt i alt, en flott bok som vi håper du vil ha glede av i lang tid.
Vi tror også vi har skapt en bok som vil bidra til mange interessante samtaler rundt middagsbordene.
Fra og med i dag kan dere kjøpe boken direkte av oss, vi nummererer de 100 første eksemplarene og signerer alle bøker i første opplag (begrenset antall).
Spesielt takk til alle som har ventet så tålmodig, og alle som har vist støtte og interesse 🧡
Besøk: undoqo (dot) com for mer informasjon.
Mattis & Rune
Riding on the back of the success I had here in Norway with Fraudcoin - 1000 Years of Inflation as a Policy, I nine months ago openly challenged my country's professors of economics and finance to debate me on monetary policy.
https://image.nostr.build/515008dfc835f29a69dbadc5fb1df863b8115b7ef6105d9059894df60e06cdf6.jpg
Complete radio silence ensued, until the host of one of our biggest trad-fi podcasts contacted me in July.
He said he had found a professor who were willing to do it, and offered to be our moderator.
I accepted, and said I would get back to him when I knew when my next trip to the capital came up.
Two months later I wrote back and said I would go to Oslo in October, but then he said he was leaving his position to go to another company, and that the guy taking over as host for the podcast wasn't interested in the subject.
In preparation of the marketing of our next book, Arrow of Truth, which is about Bitcoin, I sent an e-mail directly to the professor who previously had said he would debate me.
I asked if he still was up for it, and that we perhaps could do it in front of his students at his own home turf in Oslo.
He said yes, but that he didn't have time until next spring, meaning, about half a year from now...
You can say many things about the fiat economy, but its record when it comes to producing brave academics who support their ideas about the traditional monetary system isn't very impressive, at least here in Norway.
I debuted with the book Kvikkleire (Quick Clay) three years ago.
I wrote it because geotechnical engineers in Norway make a ton of money for giving green light to developers who want to build on land with quick clay, without, IMO, understanding the risks.
Have a look at this video and try to imagine the forces in play in this type of landslides.
https://youtu.be/Xwh2Z2nkTsw?si=6VO7oS96cTsVWjNJ
Bitcoiners who have repeated the mantra "I stack sats, and by doing that I do more than my fair share to fight the power" has been, is, and will always be wrong.
It sends the totally wrong signal and here 👇 you see how it might backfire.
I'll stop there, and refrain from ranting on about the free rider problem, which IMO is the root cause of our problems today.
https://x.com/TuurDemeester/status/1847512241173582058?t=SWJaBeFHL2Bw1xxH1A59zQ&s=19
Kind of cool to know that the government created scam called "carbon credits" can be earned by Bitcoin miners that run on electricity created by methane gas, thereby subsidizing freedom money that the governments hate.
Nærmer seg 50 podcast innspillinger siden jeg ga ut Fraudcoin for nøyaktig to år siden, og i denne samtalen får jeg blant annet spørsmål om Oljefondet og hvordan barn kan lære hvordan pengesystemet fungerer (metoden kan også brukes av voksne 😉)
https://youtu.be/BcRmRAE2VkM?si=HFpeIB3auDwCIZzP
The Norwegian Oil fund is the largest sovereign investment fund in the world.
The fund is supposed to finance the Norwegians' future pensions.
At 1.7 trillion USD, it's the 8th most valuable asset in the world, with a market cap equivalent to about 10% of all of the gold that has been mined throughout history.
Gold tops the list of the most valuable asset (market cap).
When we include the fund, bitcoin is No. 11 on this list, only 14 years after the digital currency started to have economic value.
The fund is only allowed to invest in real estate, bonds and stocks outside of Norway.
It isn't allowed to invest in gold or Bitcoin.
The fund owns 0.6 % of Microstrategy, meaning that it indirectly owns a tiny bit of bitcoin.
Compared to the gold price, it has had an annual average loss of about 1.9% over the 26 years since its inception.
This is notable, considering that the fund invests in risk assets, while gold is considered to be one of the safest assets money can buy.
In other words, the fund doesn't profit from taking risk.
A major reason why the fund performs badly is that real estate, bonds and stocks, are assets that currently are being demonetized by gold and bitcoin.
I'm talking about an exchange that doesn't hold anyone elses bitcoin. It buys enough bitcoin to meet the demand with its own holdings. Is that doable and can it be profitable? I guess, if we see a major exchange collapse now, people would pay a littlebit more for the kind of service I describe
Shouldn't is be possible to instantly lock sats equivavent to orders as soon as they came in? That would make it possible to see the balance. Only orders that locked sats would be valid. By continually publishing a list of the balance, one would see if they had a deficit or a surplus of bitcoin holdings
I'm talking about an exchange that doesn't hold anyone elses bitcoin. It buys enough bitcoin to meet the demand with its own holdings. Is that doable and can it be profitable? I guess, if we see a major exchange collapse now, people would pay a littlebit more for the kind of service I describe
Crypto exchanges and crypto retail shops may make a ton of profit by running fractional reserves just like banks do with fiat money, pumping out paper bitcoin to customers who don't take custody of their bitcoin.
What does it take to get big exchanges ot shops that provide instant and 100% transparency /self audit, where you see their pool of bitcoin on one or more adresses and you instantly can follow all of the inflow as well as all of the outflow?
Is this technically feasible, will it be costly, do we already have players who offer this type of service or do you have any other insights on this question?
Furthermore, what happens in practice when we get big run on multiple exchanges/retailrs and suddenly everyone want to take self custody ?
For instance, what happens in such a scenario with the transaction fees, and how long will it take to reveal if they have been running ponzis?
Shouldn't is be possible to instantly lock sats equivavent to orders as soon as they came in? That would make it possible to see the balance. Only orders that locked sats would be valid. By continually publishing a list of the balance, one would see if they had a deficit or a surplus of bitcoin holdings
I'm more of a tar and feather guy.
Therefore, the political elite should support my ideas and gently give up their power.
https://image.nostr.build/b65417de6979563f1a0c76ba13f74382d430e0369f161efb1bcf0da3ce3311f5.jpg
You see, some are more of the gallow type.
I suspect people who understand things late typically fall in the latter category.
They shout:
"Hang them! Hang them!"
and a lot higher than most people.
But why?
Because they are afraid of those who woke up earlier than them, they are afraid of being brought to the gallow themselves.
So they scream until they are blue in their faces, to avoid the same faith as the rulers.
Mark my words.
Tar and feathers is the best option.
Just let it all go, release us, and I'll try to speak reason to the mob before it grows too angry.
Today, it feels like the political class treats us as we represent some sort of gigantic tragedy of the commons problem that they must solve.
https://image.nostr.build/dddb83c8052075f7292e6d99cf00a5dbb9bb4383c8ac4d9356e6b4bf0968ae01.jpg
People in group A tell themselves:
"If I don't brainwash and weaponize the people against group B, then group B will brainwash and weaponize the people against us."
and vice versa.
Therefore, they prey on us as we were some stupid grazing buffalos that "nobody owns."
This leaves us with no other option than to fight back against the political class as if it was a pack of wolves.
But remember, this is a war of ideas, and if you are stupid enough to bring violence to the battlefield you will normally only end up causing damage to your own cause.
Fight the war of ideas.
Make it a Sound Rebellion.
Generalization is one of the greatest threats to the human intellect and the human species.
Worst among the various types of generalization are:
- equalizing political rulers and state laws with the nations' peoples,
- equalizing religious leaders and religious texts with the religions' followers,
- equalizing nations' history with the present day nations' peoples' morals, and
- equalizing the evil deeds of some men with a certain skin colour with the ethics of other men with the same skin colour.
These narratives fuel all kinds of wars, all kinds of terror, and all kinds of evil actions at an individual level.
Furthermore, I truly believe that ignoring these terrible forms of generalization is the greatest and most widespread sin committed by intellectuals throughout history.
This intellectual bankruptcy has fuelled a hatred that political leaders all over the planet and throughout all of our history continually exploit in order to achieve their evil objectives.
The war of ideas must be fought, and if we don't succeed with weeding out these false beliefs, we will never see an end to politicians' ambitions to steal our freedom.
Yes. The content of the book is interesting, I learned several things I didn't know. But I see that he has self published it and that the last chapter refers to the rest of the book as "this article". The chapters also almost look like separate articles, and they afe not very well tied together. So I kind of get the sense that he sat with gold but no publisher wanted to take it, and he might just have decided just to publish it without doing the last hard 10% of the work. Who knows, the book might have been seen as too dangerous.
Transfer of money from individuals to the state has negative marginal value from the very first monetary unit that is being transferred.
The negative effect increases exponentially from unit two and upwards.
Prove me wrong.
Notes by Rune Østgård | export