The Debt Tsunami with nostr:npub1uyz4w2w4rcphk0q5arzkutrecgscxwzajj4dkvh9mjyqjtxslm6qea8632

nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
🤙

https://fountain.fm/episode/9epf37aLzW97TCDPhSw8


US House Intelligence Committee’s Section 702 Reform' Bill Marks The Biggest Expansion of Surveillance in United States Since the Patriot Act

"Through a seemingly innocuous change to the definition of “electronic service communications provider,” the bill vastly expands the universe of U.S. businesses that can be conscripted to aid the government in conducting surveillance."

https://www.nobsbitcoin.com/house-intelligence-committees-section-702-reform-bill-marks-the-biggest-expansion-of-surveillance-in-united-states-since-the-patriot-act/


As long as humans have unmet needs, there will be avenues for directing human labor to meet those needs. No matter how much human productivity increases, human wants can increase further, and human reason can continue to devise better solutions to the problems of scarcity. It can always invent better products, better technologies, and safer production methods and generate new demand. We will never "run out of jobs," because we can always use more humans making more scarce products to meet other humans' ever-increasing wants. Scarcity can never be eliminated, because time is always scarce. Work can never end, and man can only choose which tasks to prioritize. The more tasks he can delegate to machines, the more time he has to perform many of the infinite number of tasks he would like to carry out but cannot because of the scarcity of his time.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


BR056 - Breez, Mutiny, Unleashed.chat, 56 BTC hack, Ocean.xyz + MORE ft. Roy, nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz  & nostr:npub1mxrssnzg8y9zjr6a9g6xqwhxfa23xlvmftluakxqatsrp6ez9gjssu0htc

Youtube: https://youtu.be/hxNKbGygImE
Fountain:  https://fountain.fm/show/ErU0F484HhsaEf8GGobb
Notes: https://bitcoin.review
Substack: https://substack.bitcoin.review

👇Roy on latest Breez SDK & bringing LN to people⚡

https://x.com/bitcoinreviewhq/status/1730648183905059327?s=46


When a man values the future output of the production process, discounted for their time preference and uncertainty, at a higher value than the initial investment required, he is likely to invest and build or acquire capital goods. Should the investment succeed, he can use more of the resources to acquire more capital goods, increasing his profits and productivity further. In turn, as the stock of capital and productivity increase over time, he becomes less uncertain about his financial future, and that lowers his time preference further, encouraging more capital accumulation. As more capital is accumulated across society and time preference declines, the price of capital (determined by interest rates) also declines. This process of lowering time preference and increasing investment can be understood as the process of civilization.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


nostr:npub1qex7yjtuucs6ac49kjujdgytrjsphn5a4pdscu2w3qlprym4zsxqfz82qk
https://image.nostr.build/ec01379bdb1eee46b0c7645c87ffbc4747757cfbc0f94dc83761ac0b5dd590d7.jpg


If they wanted to, all workers could refuse to work for wages and instead form their own producers' cooperatives and wait for years for their pay until the products are sold to the consumers; the fact that they do not do so, shows the enormous advantage of the capital investment, wage-paying system as a means of allowing workers to earn money far in advance of the sale of their products. Far from being exploitation of the workers, capital investment and the interest-profit system is an enormous boon to them and to all of society.

Murray Rothbard


Capital is at risk of being rendered obsolete by the invention of newer products and newer methods of production. Through no fault of her own, an entrepreneur may find her entire investment rendered obsolete when a competitor develops a superior product to hers, or a much cheaper way of making a product. Capital accumulation not only requires the sacrifice of the present for the future, but it also requires the sacrifice of the certain for the uncertain. The capitalist is constantly speculating that her investment will yield a positive return in the future, but she could always be wrong.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


For any capital accumulation to occur, individuals must lower their time preference; they must reduce their discounting of the future enough to provide for it at the expense of the present. This point is worth bearing in mind when economic illiterates rail against capital owners for being parasites on the workers. The sacrifice of present consumption by capital owners in exchange for future reward is economically no different from the sacrifice of leisure by workers in exchange for future reward. Had capital owners actually contributed nothing to the production process, then their consumption of the capital good instead of offering it to the workers would make no difference to the workers' productivity. But ask any worker what would happen to their productivity without capital, and the absurdity of hating capital becomes apparent.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


The Treasury is Running Out of Creditors | The Human Action Podcast

https://fountain.fm/episode/4GmPbPvxW4RiFIfdJA0V


‚The Bitcoin network's remarkable adaptability and ability to prioritize transactions within a free market framework highlight its inherent strength.‘

https://bitcoinmagazine.com/markets/defending-the-undefendable-the-censoring-miner


The State is that organization in society which attempts to maintain a monopoly of the use of force and violence in a given territorial area; in particular, it is the only organization in society that obtains its revenue not by voluntary contribution or payment for services rendered but by coercion.

nostr:nevent1qqstw7a3sk9e3y0475l3ke58hmarm96659dn5amku2gxn3h886w7qugpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gzypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgmfjnck


"There is of course an anti-System which is called Libertarianism, which means to tear down everything which creates some kind of influence of government into private lives."

We've agreed on the game, and now the strategic battle unfolds...

https://video.nostr.build/957f39cbc25080b958cf888a2cd3b9bee43275c00e88672d89a2d68452ea7cb5.mp4


Christmas Cookies! 🎅🎄🍪🥛

https://media.tenor.com/yfphYgy4S1oAAAAM/shang-tsung-it-has-begun.gif


nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa
https://image.nostr.build/a71d3c46c8041a1f6be39b363e992bb641e94b5ea85148742d6f7d30698dcc86.jpg


🎯
nostr:nevent1qqsrtlxd338mjq05pn3tpes0nd3mdq9cp2a8mxweg8drzd895j8mwaqpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszyqzvj9w6alhrsvtl5u6ygjkwuwg2sf5lukqskgjpuhnd6dpal0kvjqcyqqqqqqg9pe7z2


Bitcoin: The Gold Standard For A Digital Age

From ZeroHedge

Authored by Michael Matulef via BitcoinMagazine.com, The nature of money is tragically one of the most unexamined and vital questions in modern society. Over the course of history, different monetary systems have risen and fallen as technology progressed and new forms of money emerged that were superior […]

Dec 8th 2023 7:40pm EST

Source Link: https://www.zerohedge.com/crypto/bitcoin-gold-standard-digital-age

Internet Archive Link: https://web.archive.org/web/20231209014138/https://www.zerohedge.com/crypto/bitcoin-gold-standard-digital-age

Share, promote & comment with Nostr: https://dissentwatch.com/boost/?boost_post_id=676649


"What do prostitutes, blackmailers, slumlords, and Bitcoin miners who censor transactions all have in common? ...They are heroes of the free market."

https://bitcoinmagazine.com/markets/defending-the-undefendable-the-censoring-miner


Might need to give Lyn’s book a read soon. She seems to have an excellent explanatory style of writing. I especially like this little bit:

“Bitcoin represents the first significant way to settle scarce value at the speed of light.”

#bitcoin  #BTC #austrians #economics #rothbard #mises #libertarian #news #finance #blockchain #nostr #freedom #breaking #plebchain #pleb #money #new
#anarchocapitalism #liberty #lightning #freemarkets #trading #politics #government #mining #markets

https://bitcoinmagazine.com/markets/bitcoin-the-gold-standard-for-a-digital-age


"What would it seem like if it did seem like a global, digital, sound, open, programmable money was monetizing from absolute zero?"

nostr:nevent1qqswwvtd37d9n4c68hgkszvpks3apj86myf0na9sm0s3sq8vhpyhvkcpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzql9xd4qkdvt02jsks6qerwsuvwr2janzfarrfuufdkdkws9r3r9rqvzqqqqqqyyl3qg4


Bitcoin is built on the principles of free association, and market incentives pushing people into a consensus arising out of that free association between participants. People seem to have forgotten that.

nostr:nevent1qqs0twcug7vsrd2gysu2hyvx4v5f5gxw2prt74ch9yhh4apyzuu6nkspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqyjqnmwf


https://media.tenor.com/yPjU35mm-_sAAAAM/perfect-kiss.gif

https://altonbrown.com/recipes/reverse-sear-ribeye-steak/


nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf

https://image.nostr.build/66798614599321f4a8ab3a77bd18dccba7cd92c9daaa38cf9b8e6654130d3e98.jpg


"May you live in interesting times" is an interesting expression, sometimes referred to as a curse.

Many of our best stories, from literature to shows to movies, are about horrible times. They're about conflict, and people overcoming that conflict. And our heroes, both real and fictional, are tied to those times.

And yet as people with lives and families, we don't want to live through those times. We don't want to live through war, oppression, or conflict. We don't want to have to be the ones to stand up and tell some more powerful force to go fuck themselves. We'd rather read about others doing it, and how cool that was when they did.

I continue to view this period of time as "interesting" in the historical sense. The 1990s were probably the best recent time to chill, but it wasn't where history was made. The 2020s and 2030s are not as good for chilling, but from looking back in the future, it's these times where the bulk of the historical content is likely to be focused on.

For some regions, it's outright war that they're dealing with now.

For the majority of other regions, it's instead a cultural war, and an economic war. And it's going to get worse before it gets better. Do we fund those who are at war, and if so, which side? What values do we subscribe to, and who is "we"? How do we determine truth, and with what framework? For breakthrough tech, who gets to control it? Should it be centralized and regulated, or open and accessible?

And more directly it's about stepping up and saying, "It's good for people to be able to own and transfer money without state control and state dilution. And it's good for people to be able to communicate how they want to without the state silencing them. Even when they buy things and say things that I disagree with." That won't be an easy battle.

Someone on Twitter sarcastically asked me today what army defends Bitcoin. My answer was:

"The army of encryption and energy spread around the world.
A shield, not a spear."

The same is true for Nostr, in a slightly different way. The developers and relays, and the people willing to use it and finance it, are what defend it.

Communication and value are the two key components of free commerce. All of those people today who build strong shields for communication and value are living in interesting times and contributing to them in a positive way.

https://m.primal.net/HTCy.jpg


Privacy is not a crime. It's a natural consequence of having self ownership & the right to be left tf alone.

The criminal is the one *violating* that right.


This issue is fundamentally an issue of property rights, specifically the property rights of the individual who is constructing block templates. While many people would construct blocks based purely on financial profit, aiming to maximize fees, it's crucial to note that there are more motivations than this. Moreover, this approach isn't a mandatory consensus requirement within the protocol. An individual may construct a block based on the expected social or psychological profit from their decision. For instance, regarding Inscriptions, one might opt to exclude them from Bitcoin and take steps to censor those transactions from their block template. If enough of the market agrees it could effectively lead to them being deactivated. In a broader sense, someone may act benevolently by crafting a block template that prioritizes low-fee transactions, aiding financially disadvantaged individuals in confirming their transactions on the base layer chain.

nostr:nevent1qqs0twcug7vsrd2gysu2hyvx4v5f5gxw2prt74ch9yhh4apyzuu6nkspzpmhxue69uhkummnw3ezuamfdejsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqsa9h4pw


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_780 - Lightning is Doomed!

nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

🤙

https://fountain.fm/episode/FLO6hkNd3hXR8b84A1Fg


What do prostitutes, blackmailers, slumlords, and Bitcoin miners who censor transactions all have in common? What if I told you that they are modern-day heroes of the free market economy, bravely providing their economic services despite facing universal scorn and outlawry?

nostr:nevent1qqs0twcug7vsrd2gysu2hyvx4v5f5gxw2prt74ch9yhh4apyzuu6nkspzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgmqggsj


Here's a very thorough and instructive response--penned by nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz --to the Ocean "censorship" controversy:
https://bitcoinmagazine.com/markets/defending-the-undefendable-the-censoring-miner

nostr:nevent1qqsqvg2d3ve34554fn7xfrjqs30twzqjhlzfykg77jmdenlyyp5mnlcpp4mhxue69uhkummn9ekx7mqzyrqcx8a7yeflwctyggw40kmvacut3nhceenhr0r9cyhc2s77fvum7qcyqqqqqqg05fl4q


**RT @MichaelMatulef:**

Defending The Undefendable: The Censoring Miner

My latest from @BitcoinMagazine (https://nitter.moomoo.me/BitcoinMagazine)

bitcoinmagazine.com/markets/… (https://bitcoinmagazine.com/markets/defending-the-undefendable-the-censoring-miner)

https://nitter.moomoo.me/pic/card_img%2F1733178837452693504%2FEYRD6Xlo%3Fformat%3Dpng%26name%3D800x419

https://nitter.moomoo.me/MichaelMatulef/status/1733179201274925260#m


This was a great read with a great points about the rights of miners to include or exclude transactions using whatever criteria they deem best. Those who disagree, which seems like plenty of folks out there, will simply point their hashrate elsewhere.
nostr:nevent1qqs0twcug7vsrd2gysu2hyvx4v5f5gxw2prt74ch9yhh4apyzuu6nksprpmhxue69uhhyetvv9ujucm4wfex2mn59en8j6f0qgs964yyepyk02krnpkd2y403hxa2fpn6zgp4kamty3kqyvgg2p658srqsqqqqqpc3prm6


Defending The Undefendable: The Censoring Miner

My latest from nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu

https://bitcoinmagazine.com/markets/defending-the-undefendable-the-censoring-miner


The Continuing Mystery of Early 2020 | The Tom Woods Show

https://fountain.fm/episode/BOWILjE6j6lk9zibS7RR


gm, it's time to ask more questions ☀

https://video.nostr.build/dd90852ed88247e22fa7dde703e88c975926584b0d4dab9909ef49d1c5e22f1c.mp4


Self-ownership is the only logically and ethically consistent solution to the problem of human ownership, and it is the only one likely to result in peaceful cooperation rather than violent conflict. Self-ownership means an individual has full claim over his own body and time. Once one accepts the premise of self-ownership, a coherent framework for understanding rights, justice, and non-aggression emerges. This principle extends to what a man may produce as a consequence of these choices, i.e., property. Aggression can be understood as the use or threat of violence to control another person's body or time, and any physical aggression against an individual would be a violation of his right to property of himself.

It is difficult to argue against self-ownership and the system of property rights if one understands property rights as the only workable solution to economic scarcity and subjectively values peace and civilization. Any such argument can be seen as transparently self-serving hypocrisy. Rather than an intelligent argument arising from human reason, this argument is nothing more than an appeal that we return to the mores of subhuman animals controlled entirely by their instincts, unable to employ reason. Arguing against self-ownership is effectively arguing against your own personhood, because it makes it clear you cannot respect property rights and cannot be part of a civilized social order. It is a plea to be considered an animal. Although economic theory does not dictate political ideology, understanding economic scarcity and subjectively valuing peace and civilization will incline a person to adopt a libertarian outlook. There are no alternatives to self- ownership that do not result in propagating conflict and engendering enmity and resentment between individuals and groups.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


There is always the possibility of conflict over contestable (scarce) resources. This is in the very nature of scarce, or rivalrous, resources. By assigning an owner to each resource, the legal or property rights system establishes objective, publicly visible or discernible boundaries or borders that nonowners can avoid.

- Stephan Kinsella


Only because scarcity exists is there even a problem of formulating moral laws; insofar as goods are superabundant ("free" goods), no conflict over the use of goods is possible and no action-coordination is needed. Hence, it follows that any ethic, correctly conceived, must be formulated as a theory of property, i.e., a theory of the assignment of rights of exclusive control over scarce means. Because only then does it become possible to avoid otherwise inescapable and unresolvable conflict.

- Hans-Hermann Hoppe


Even if humans were in an imaginary world where everything a person wishes for materializes in front of them immediately, the economic problem would not be solved, as humans' mortality still forces them to economize their scarce time. The economic problem is solved every instant in which a human reasons about their time and makes a choice, only for a new economic problem to emerge in the next instant and force the same human to make another choice. The only final solution to the economic problem is death, the point at which there are no further choices to be made regarding time allocation.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


https://image.nostr.build/fe1e113c5eb2dc95d8d39ec059e993b78c90a2118cc46dca586de3fc59b4385f.jpg

#meme #memestr #nostrmemes #memes 820,155 🤙💜


AKA a free market


Know Thyself
https://image.nostr.build/20e5e7db0221db2755e7dc8134c547ac4c11327873dd7c4407515984e9799f52.jpg


"What would it seem like if it did seem like a global, digital, sound, open, programmable money was monetizing from absolute zero?”

nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt

nostr:nevent1qqs8uh9u6ch8t03nrffx89f6d9h0g540pzal2h8rz44n8algtgckpgcpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqyxade6x


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_779 - A Network of Keys

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/rMZmqOdYeZdvy82oVhBr


Same as it ever was.

Timothy May, on the Four Horsemen of the Infocalypse, 1988:

https://image.nostr.build/52fad243ca37307efda9dbfc9c8f1fc81c3bb5013fc9023aa4348230734f179f.png


nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde
https://image.nostr.build/9827d1391690fe38c06fba0b103df03edeed6ef4154447d073c91fda44fbe1da.jpg


The State has taken control of the monetary ledger away from natural law and used that power to facilitate its metastatic growth. Moreover, it has exerted this control as one of its exclusive monopoly privileges. As advocates for free markets, individual property rights, and the right to self-determination nothing is more imperative in our time than separating money from State.

nostr:nevent1qqs8uh9u6ch8t03nrffx89f6d9h0g540pzal2h8rz44n8algtgckpgcpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqyxade6x


A whole lot of celebrating going on for whatever reason.

Meanwhile the clamp down on Bitcoin has never been more aggressive in history. Is that what you all are celebrating?

nostr:nevent1qqsfp4972gf8gf4tvwzhnhjxvelpjkcpnnkytfegzck0p40eg8jty9spz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzq0vzarmvcmqfv4zt7vlysadq8atqpt8l0mzx0c2s58x8wykjznwfqvzqqqqqqywn36tu


Thank you nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a for writing Broken Money

https://www.amazon.com/Broken-Money-Financial-System-Failing/dp/B0CG83QBJ6


Bitcoin: The Gold Standard For A Digital Age

My latest from nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu

https://bitcoinmagazine.com/markets/bitcoin-the-gold-standard-for-a-digital-age


Bitcoin Mining Decentralisation with nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze - nostr:npub1wnlu28xrq9gv77dkevck6ws4euej4v568rlvn66gf2c428tdrptqq3n3wr (SLP528)

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/Mbtyzh1vAlvqnPFOlMEI


Systemic Bond Issues & Bitcoin's Impact w/ nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa Lavish

nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z
🤙

https://fountain.fm/episode/9a6pu1HJn4EGTwTC06Pk


👀

nostr:nevent1qqsrq0f3dksrp0s3wjlstr4hsqdenpz3r775gjrkud0qgdr26efzanspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzp6xk03p45jjexp8pg9pgp62jalshhep9fl9z0ytt7cle7ul9f2ayqvzqqqqqqyaja45h


What do prostitutes, blackmailers, slumlords, and Bitcoin miners who censor transactions all have in common?


Government Spending Leads To Hyperinflation with nostr:npub1xr4duv928lxxkl8ease7elutw77zmagph387az2fcg5clr2e43zq6sf6z3

nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
🤙

https://fountain.fm/episode/6PZnskW2sRnOkztfAEO0


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_778 - Durabit, Incentivizing Torrent Seeders ( nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/oMVIrl5o6n3hpghWyFiM


nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp
https://image.nostr.build/ec6d713ff6358e6ff0283a3807908a7543a51431b4a95d45da7644e0d5501268.jpg


You stand in the midst of the greatest achievements of the greatest productive civilization, and you wonder why it’s crumbling around you.

Fix the money. Fix the world.


Erik Casan @erikcason brings the PASSION this week on Blue Collar Bitcoin.

⇒Journey from Socialism to Anarchy
⇒ #Crypto camouflage for #Bitcoin
⇒Anarchy is NOT what u think
⇒Satoshi’s Legacy
⇒Badass farmers
⇒Erik's Militia

https://fountain.fm/episode/rpqUNoOyMnrKZi8rs71T https://image.nostr.build/29db3455a52f530b9e7fc582224196e3011c78c42e2145ad368d223969238cd0.jpg


Understanding Money Mechanics with Bob Murphy (WIM397)

https://fountain.fm/episode/uzUsa5csQ5IhH1QXdUEa


There is no opting out of economics and economic choice except through death. You may not like specific institutions such as private property or labor, but choosing to not engage in them simply excludes you from larger, more productive circles of economic activity. If you are alive and you strive to remain alive, you are bound to seek to survive through the tools of economizing action. Everyone engages in economizing acts every day of their lives without having to learn economics. But learning economics can help the mind consciously understand the importance of acts in which it engages, and how complex structures and institutions emerge from them. While learning economics is not necessary for economizing, which is a natural function of our reason, it is necessary for the fostering and survival of an extended market order in which humans are able to economize freely, cooperate with one another, and prosper. Individuals are capable of engaging in market transactions but can lose sight of their importance, resulting in political structures that suppress this type of economic action, with devastating consequences.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


The Ultimate Resource.

nostr:nevent1qqsvjvnkphgcr95wexma7akgzxckw4pqc3x45auradtxq3cs05ace4qpz9mhxue69uhkummnw3ezuamfdejj7q3qt42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qxpqqqqqqznufarh


The economizing of time is the ultimate economizing act, from which all economic decisions flow.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


Man is subject to the passing of time. He comes into existence, grows, becomes old, and passes away. His time is scarce. He must economize it as he economizes other scarce factors. The economization of time has a peculiar character because of the uniqueness and irreversibility of the temporal order.

- Mises


Since the value of goods is derived from their ability to provide us with satisfaction, and since different satisfactions have unequal value to us, the value of different units of the same good will also be unequal, as it depends on the satisfactions they meet. The same good will have a different value to the same person depending on what need of his it meets at a given point in time.

Individuals use the first unit of a good to meet the most important and pressing needs related to it. They will use the second unit to meet the second most pressing need. As the quantity of the good they own increases, the needs that are met are less valuable and less pressing. In other words, identical goods will have different values for individuals, because the utility derived from them is not identical. The first units are the most valuable, and as the number of units consumed increases, each marginal unit is less valuable than the previous one.

Menger thus illustrated that the valuation we place on goods is not dependent on their total or overall utility and that their utility is not something inherent to these goods in the abstract, regardless of their quantities. Rather, the importance that we attach to goods is inextricably dependent on the quantity of those goods, and their quantity in relation to the existing supply of the good we have at our disposal. Humans make decisions based not on the total or abstract utility of an object but on the utility offered by distinct quantities of the good and their ability to satisfy our distinct needs.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


21 Ways in 2024???

https://21-ways.com/


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q - Reboot - Bitcoin is Digital Scarcity by nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/Z9if5Ud1AiMvfYeESdpD


The Interest Rate Shock Will Blow Up the Government’s Ponzi Game

"Moreover, it should also be borne in mind that the powerful “fiat money system”—the collusion of states, banks, major institutional investors, and large companies—will not be so easy to upset. Should the rise in interest rates become too strong from a political point of view, yet another deep dive into the bag of tricks can be expected. Central banks, for example, will start buying government bonds again, thereby fixing long-term and short-term interest rates at “reasonable” levels. Of course, all of these monetary policy tricks basically amount to one thing: paying off the outstanding bills with newly created money—or in other words, inflation policy.

That is the big lesson that can be drawn from the interest rate shock resulting from the Ponzi scheme in the debt markets: the systematic decline in the purchasing power of money, even if short-term relief is granted, is almost certain."

https://mises.org/wire/interest-rate-shock-will-blow-governments-ponzi-game

https://fountain.fm/episode/hJgrDjg3ftnUc3Bm5HnP


I love 🍪

- Earl grey lemon shortbread
- Lavender chocolate chip
- Toasted pecan butterscotch oatmeal
- Matcha white chocolate

#bake
#cookie
#food

https://image.nostr.build/5d4e076ac9bc3f82522811ec9d77e38f9e57f0907bc1ddd04ef2a386e2e38ccb.jpg


I thought he was a maxi now? 🤣


The arrogance to suggest that you own yourself.


Bum, bum, bum, bum


Man is nothing else but what he makes of himself

nostr:nevent1qqsgfreqafkyv93w02zu9a277t6l20qh4m4guxdmq96nc5ava58fw4qpzpmhxue69uhkummnw3ezuamfdejsygrwg6zz9hahfftnsup23q3mnv5pdz46hpj4l2ktdpfu6rhpthhwjvpsgqqqqqqsm0qt3q


You heard it here first, nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5  and I just dropped episode 85! It covers Bitcoin Core v26 as well as the recent OFAC situation.
https://spotifyanchor-web.app.link/e/fgiPyBKpXEb


Liberty: Stifled by the Stockholm Syndrome

"Most people don’t have the stomach for an armed revolution unless their government starts shooting at them first. For those conditioned never to pick up a gun, this means surrender.

Fortunately, governments don’t want to obliterate all their constituents: they need their productivity, at least until artificial intelligence gets more viable. Even at their final stage of desperation, which involves forced everything—central bank digital currencies, a bug diet, fifteen-minute cities, perversity as a norm—governments are still finding support. Why?

Welcome to the Stockholm syndrome. People have become psychologically dependent on their rulers, no matter the cost. The alternative is said to be anarchy, and people believe it is a nonsolution, the breakdown of civilization, often seen in war zones—check some recent headlines.

The good and bad news is the government structure that pervades the world—rule by force—is not one that will last. It’s a structure based on theft and debt, and it will eventually collapse.

And that eventuality is imminent. What will happen then?

Most people must make an honest living and are used to solving a full range of problems within a system of voluntary exchange. This is what people must count on—their own ingenuity and their willingness to take responsibility for their actions and work with others, within the framework of a property-rights society. There is no product or service the market can’t provide as long as it’s allowed to do so."

https://mises.org/wire/liberty-stifled-stockholm-syndrome

https://fountain.fm/episode/0B3mkAPZGoXWeShWObun


Opt out with #Bitcoin

https://video.nostr.build/0c2ea21e745d87d3956d3017cdba4f07eda10f4a9ececddaaa2744edba1b7bed.mp4


Humanity may one day view the state's control over money as a stain on history, having enabled violations of rights and abuses of power. More significantly, the very concept of the State will be seen for the modern superstition it is. As people realize that governance can be achieved without coercion, through voluntary cooperation, they may relegate this relic of primitive thinking - the State itself - to obsolescence.


🎄🎅
https://image.nostr.build/42f776e1f3737a0f947724e09f792502c31fdbd52ff652c6b1c5d436ae555789.jpg


nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's Take 075 - A Global Monetary Rebellion

🤙

https://fountain.fm/episode/Y74CVpMLSQtClbM13LRk


Milei's Argentine Revolution? With nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk

nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
🤙

https://fountain.fm/episode/8i67WR7CenprjoveOuNO


Value does not exist outside the consciousness of men

- Carl Menger


I don't inherently oppose miners exercising censorship, I simply advocate for free markets. It boils down to respecting property rights, much like many other things. If a miner willingly chooses to censor specific transactions, it's within their rights, and the free market will determine their profitability. Just as individuals can choose whom to invite into their homes or sell goods/services to, miners should have that same autonomy. My concern arises when the government intervenes and forces miners to behave in ways they wouldn't choose voluntarily.


nostr:npub1kvgw6zj55uwvlz5rdqpjm5a5hqah4j3ggza3pfx4umh5k6j00yaqt6v0p2
https://image.nostr.build/bc2e0b7623a0e288d9361bd0b47795a923eb385df18c57876ff78c556c77651b.jpg


Don't forget manufacturing consent by utilizing crisis events. Each successive crisis creates opportunities for governments to consolidate their powers, often under the guise of protecting its citizens. However, this accretion of authority comes at a profound cost: the gradual relinquishment of fundamental rights and freedoms.

https://mises.org/wire/beyond-crisis-ratchet-effect-and-erosion-liberty


What if, rather than outright banning Bitcoin, the State could neutralize its disruptive properties by integrating and endorsing it? What if the government could harness Bitcoin's "Number Go Up" (NGU) technology to enforce its objectives and undermine the very ethos that defines Bitcoin today?

nostr:note1z56r23mwel3ng35s5es0uvxdrnkk0990gre7q68dm97e8eaqrqhq85yjdw


Let's get Socratic!

Come check out our inaugural Socratic Seminar at Transfer Pizzeria on Tuesday, December 19th.

https://www.meetup.com/milwaukee-bitcoin-meetup/events/297677445/


The state is an institution of theft writ large, designed to enrich the ruling class at the expense of the productive individuals within society.

nostr:nevent1qqsvv6v0j0hvwx8wyselw0rjj7zjgwjafnudtlly7szmmxr9npwsskcpremhxue69uhhyetvv9ujucnfw33k76twv96kg6tzd3jjucm0d5pzq3e0gs8jnmued6f2rp4c6vs07xqvs4vs8zpwt82smcdch4txjvq7qvzqqqqqqy3k6r4z


Economics, as a field, is the study of human choices under scarcity. It focuses on analyzing how humans attempt to find solutions to the problem of disparity between what they have and what they want and the consequences of their choices.

As scarcity is a permanent condition of existence, humans are constantly making choices between different courses of action, different goods, and different needs to satisfy. The need to make these choices forces us to juxtapose the utility we derive from different goods against each other, so we are able to make informed choices.

nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


Value is thus nothing inherent in goods, no property of them, nor an independent thing existing by itself. It is a judgment economizing men make about the importance of the goods at their disposal for the maintenance of their lives and well-being. Hence value does not exist outside the consciousness of men.

-Carl Menger


After a century of aping physics and abandoning classical methodological foundations, economics has failed to produce one quantitative law or formula that can be independently tested and replicated. Macroeconomic equations come and go with the fashions of modern schools of thought, but none of them has been measured objectively and replicated in a way that can allow it to be called a scientific law. That macroeconomics empowers central governments and enriches academics may help explain why it has endured.

nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


Toward an Anthropological Theory of Money with nostr:npub1kvgw6zj55uwvlz5rdqpjm5a5hqah4j3ggza3pfx4umh5k6j00yaqt6v0p2  (WIM394)

https://fountain.fm/episode/WaKxMkkhLPFy6gYIjoUL


Thanks again nostr:npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z for coming last night to talk about the intersection of #Bitcoin and Permaculture 🤝


Hello Nostr! Cream City is finally here 🤙


Think of it this way - the state may be able to overpower me and restrict my liberty. A mugger may be able to overpower me and steal my wallet. But neither the state nor the mugger can assume legitimate ownership over me. My self-ownership is intrinsic, inalienable and indivisible.


Replicable experimentation on economic questions is also impossible. The objects of study of the natural sciences are the structure and behavior of the physical world. It is assumed at the outset that these are regular, that their properties can be isolated and observed by repeatable experimentation, and that they can be appropriately and fully modeled with mathematics. It is fundamental to the intellectual enterprise that the sole and entire purpose of this methodology is to rigorously pin down causation. In the physical world, what causes what else? Why do things happen exactly and only the way they do? But the objects of study of the social sciences are the ideas and actions of humans, which are immeasurable and non-quantifiable. Experimentation with ill-defined units of irregular phenomena cannot yield comparable and reproducible results, and so experimentation will fail to produce quantitative laws because there are no units in which these laws can be expressed. Without measurement and repeatable experimentation, it is not possible to find regularities, derive constants, and formulate mathematical relationships and scientific laws. Accurate experiments in economics are also not possible because the subject of economics is the action of humans in the real world, and conditions in testing laboratories cannot replicate the real-world consequences of economic decisions. The real world is the only laboratory that can approximate the real conditions shaping economic decision-making, but it is impossible to experiment on the real world using scientific methods such as those employed in the natural sciences.

- nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak


Man is not a being who cannot help yielding to the impulse that most urgently asks for satisfaction. Man is a being capable of subduing his instincts, emotions, and impulses; he can rationalize his behavior. He renounces the satisfaction of a burning impulse in order to satisfy other desires. He is not a puppet of his appetites. A man does not ravish every female that stirs his senses; he does not devour every piece of food that entices him; he does not knock down every fellow he would like to kill. He arranges his wishes and desires into a scale, he chooses; in short, he acts. What distinguishes man from beasts is precisely that he adjusts his behavior deliberatively. Man is the being that has inhibitions, that can master his impulses and desires, that has the power to suppress instinctive desires and impulses

Mises


Action is will put into operation and transformed into an agency, is aiming at ends and goals, is the ego's meaningful response to stimuli and to the conditions of its environment, is a person's conscious adjustment to the state of the universe that determines his life.

Mises


"The State's ultimate advantage lies in what's known as the ratchet effect—a social mechanism used to diminish individual freedoms during crises by implementing supposedly temporary measures of authority that frequently persist long after the crisis has passed. This technique serves as the blueprint for unchecked growth in State power."

https://bitcoinmagazine.com/culture/state-adoption-a-trojan-horse-challenging-core-tenets-of-personal-liberty?utm_source=carrot&utm_medium=partner&utm_campaign=carrot_share


Tomorrow, I will be at the Milwaukee Bitcoin meetup. Great location and service. Also, a great place for presenting. The MKE bitcoiners are a knowledgeable and passionate group. If you are close by you won't regret coming to check it out.
nostr:nevent1qqspt7rgw0lrm08vjsfasncsj6w426jhgyq562wxptc29q9xl85jt7spr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgs964yyepyk02krnpkd2y403hxa2fpn6zgp4kamty3kqyvgg2p658srqsqqqqqpp9prpu


SLP526 @NVK of Coinkite - Don’t Lose Your Coins

NVK joins me to talk:

How do you prevent loss of your coins?
What are some critical steps that are commonly missed?
Q
Satslink device
Tapsigner
FROST & miniscript

https://stephanlivera.com/episode/526/


Economics is not about things and tangible material objects; it is about men, their meanings, and actions. Goods, commodities, and wealth and all the other notions of conduct are not elements of nature; they are elements of human meaning and conduct. He who wants to deal with them must not look at the external world; he must search for them in the meaning of acting men.

- Mises


"A reality check on the limitations of Lightning Network, and what that means in terms of its long term viability. No, it's not doomed, but it probably won't be used the way you expected it to be."

https://bitcoinmagazine.com/technical/lightning-is-doomed


Status:

 https://media.tenor.com/E1DdqMvKFn8AAAAM/goku-dragon-ball.gif

nostr:nevent1qqsv5e7yehd2ufrhwepnesdgjwuf8lm0pg5rkdufju0hrev4qcvxvegpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpgc3lr9z8u9chsyd6ndmqva8urg6n2mnp4uj2qfwtnhr8skjm9ysqvzqqqqqqy6gnes2


The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man. —GEORGE BERNARD SHAW


What if, instead of a direct ban on Bitcoin, the State employed subtle and indirect strategies to manipulate or even co-opt it, ultimately achieving the same goal of rendering it ineffective or worse, a tool for State control?
https://bitcoinmagazine.com/culture/state-adoption-a-trojan-horse-challenging-core-tenets-of-personal-liberty


Powerful information flows, a self-constructed theory of life based off extensive research of topics spanning numerous disciplines, and the power of autistic attention to detail are the State’s worst enemies this decade.

https://bitcoinmagazine.com/culture/state-adoption-a-trojan-horse-challenging-core-tenets-of-personal-liberty

#bitcoin  #BTC #austrians #economics #rothbard #mises #libertarian #news #finance #blockchain #nostr #freedom #breaking #plebchain #pleb #money #new
#anarchocapitalism #liberty #lightning #freemarkets #trading #politics #government #mining #markets


‚With each passing day, Bitcoin's resilience and antifragility grow deeper into mainstream society.‘

https://bitcoinmagazine.com/culture/state-adoption-a-trojan-horse-challenging-core-tenets-of-personal-liberty


Count your blessings


🦃

https://media.tenor.com/dDiNgGEUI7kAAAAM/mortal-kombat-started.gif


Though the road is arduous, our principles today can secure financial sovereignty for generations to come. Let us carry the torch of individual liberty so its light may one day illuminate a just world, where Bitcoin fulfills its purpose as independent, peer-to-peer money for all, unfettered by censorship or authoritarian control. Our actions today shape the economic emancipation of tomorrow.

nostr:nevent1qqs0xp8xruugv6wdlak2ks3d28uulklkkgw2wkvu0cn8kyzu08tpz5qpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgatd8su


https://fountain.fm/episode/jGkS3xW8XphruIZUCNHt

And after Preston and Jeff Booth, it's time for the new episode of #Bitcoin Audible and some exercise.. it's a great day! 💪
Thanks nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev


The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

Audible by Guy Swann:

https://podcasts.apple.com/us/podcast/bitcoin-audible/id1359544516?i=1000635423601

Article by Michael Matulef:

https://mises.org/wire/inevitable-bust-why-economic-booms-contain-seeds-their-own-destruction

#bitcoin
#nostr
#mises


Great morning read ☕

The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective. -- Michael Matulef

The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction
https://mises.org/wire/inevitable-bust-why-economic-booms-contain-seeds-their-own-destruction


As interventionist policies persistently erode the value of fiat currency, the State, grappling with an existential threat, will fiercely endeavor to maintain its facade of authority. This will involve heightened efforts to shape public perception and resorting to draconian measures to retain control. During crises, the State historically manufactures consent, and in its desperation, even co-opting Bitcoin to serve as a tool for State control might emerge as a conceivable outcome. We should not be so quick to cheer on the State's adoption of Bitcoin if it comes with strings attached.

nostr:nevent1qqs0xp8xruugv6wdlak2ks3d28uulklkkgw2wkvu0cn8kyzu08tpz5qpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgatd8su


If the government's ability to ban Bitcoin is constrained, what alternative strategies might it employ to undermine or co-opt the network?

What if, instead of a direct ban on Bitcoin, the State employed subtle and indirect strategies to manipulate or even co-opt it, ultimately achieving the same goal of rendering it ineffective or worse, a tool for State control?

nostr:nevent1qqs0xp8xruugv6wdlak2ks3d28uulklkkgw2wkvu0cn8kyzu08tpz5qpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgatd8su


https://bitcoinmagazine.com/culture/state-adoption-a-trojan-horse-challenging-core-tenets-of-personal-liberty
Great piece from nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz which poses an alternative view on the ossification debate among other things. nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu where are the nostr links? I’m only seeing Twitter Facebook Reddit etc.


State Adoption: A Trojan Horse Challenging Core Tenets of Personal Liberty

My latest from nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu

https://bitcoinmagazine.com/culture/state-adoption-a-trojan-horse-challenging-core-tenets-of-personal-liberty


The Tom Woods Show Ep. 2417 Could Trump Win as a Felon? and Other Questions from 2023 America

https://fountain.fm/episode/W4Dnl3QZxxnCGxcnaHE0


After a bit of a hiatus, Bitcoin.Review is finally back with a new episode! 💥

It's been a while so you know what that means... an extra long list to put you to sleep with GUARANTEED effectiveness. 🥱

BR055 - Sparrow, SATSLINK, Vulnerability Hell (RPI, ESP32,26₿ gone)+MORE, Craig Raw, Odell, Rijndael

Youtube: https://youtu.be/5h6_EJeypu8
Notes: https://bitcoin.review/podcast/episode-55/

👆🎧 @nvk discusses the dangers of the new Raspberry Pi 5 unique ID when using the device for #bitcoin

Links to platforms:
Fountain: https://tinyurl.com/34wr8wv4
Spotify: https://tinyurl.com/2xsnr5e2
Google: https://tinyurl.com/5bv8zecm
Apple: https://tinyurl.com/4xcameta
Amazon: https://tinyurl.com/2kpfpr8e


This is going to be a fantastic meetup! Don't miss it.
nostr:nevent1qqspt7rgw0lrm08vjsfasncsj6w426jhgyq562wxptc29q9xl85jt7spz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqs5wu0d0


nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's  Take_074 - Banks Without Bankers

https://fountain.fm/episode/fSdow9EP8UHOCckQ8H8A


"By not engaging in any other aspect of mining beyond hashing blocks constructed by pools, Bitcoin miners have largely abdicated a critical component of their role. The fact that this is not only possible but also the path of least resistance indicates that we have a systemic issue."

https://bitcoinmagazine.com/technical/are-mining-pools-becoming-a-problem-


https://fountain.fm/episode/jGkS3xW8XphruIZUCNHt

Great article by nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz read by the one and only nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev


nostr:npub1f5pre6wl6ad87vr4hr5wppqq30sh58m4p33mthnjreh03qadcajs7gwt3z

https://image.nostr.build/eac6e2f768552e942b94b3e0983f19795f88ab91bfcc90f647b97e79990b8ef6.jpg

https://www.meetup.com/milwaukee-bitcoin-meetup/events/297121169/


Mises on the History of Warfare

"The market economy involves peaceful cooperation. It bursts asunder when the citizens turn into warriors and, instead of exchanging commodities and services, fight one another."

Warmaking causes man to become animalistic: “What distinguishes man from animals is the insight into the advantages that can be derived from cooperation under the division of labor.” The international division of labor both produces and is the product of peace.

The philosophy of liberalism, which champions the division of labor, is incompatible with “statolatry,” “the counterfeit theology of the divine state.” Those who worship this false god must reckon with the terrible consequences of its evil wars. “Modern war is merciless, it does not spare pregnant women or infants; it is indiscriminate killing and destroying. It does not respect the rights of neutrals. Millions are killed, enslaved, or expelled from the dwelling places in which their ancestors lived for centuries.”

https://mises.org/wire/mises-history-warfare#:~:text=Thus%2C%20Mises%20concludes%3A%20%E2%80%9CWhat,what%20drives%20modern%20total%20war.

https://fountain.fm/episode/MKA38NDVoAzIdLvUIk5D


Newest Bitcoin Audible pod by nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev  reading a piece my nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz describing the Austrian business cycle theory and the nature of the boom/bust. And as always Guy does a little ranting!!🤣🤣

https://fountain.fm/episode/jGkS3xW8XphruIZUCNHt


At base level, all anarchism claims to do is to resolve one major problem in interpersonal relationships: the forceful interjection of the state. Curing cancer would make things a lot better for many people. Yes, there would be costs: oncologists would be out of work, and cancer researchers would need new subjects to explore. An anarchist world would still have murderers, and thieves, and evil men and women. It simply wouldn't put them in a position to enforce their evil on everyone else via getting elected and decreeing the law.

Michael Malice


It is impossible to have a radical philosophy without at first sounding like a lunatic or a moron. One of the reasons for this is that most radical philosophies are lunacy, and the rest for the most part are moronic. To proclaim earnestly that This, the status quo, doesn't just need tweaks or massive changes but a fundamental reorganization is an enormously high task to argue for. It's akin to discussing a friend and mentioning that he's very tall. One can perhaps push the envelope with an eight-foot-tall friend. But to claim someone is, say, twenty feet tall or apple feet tall simply wouldn't make any sense. The listener would have no frame of reference to even approximate what was meant to be said. This is what a society without the state sounds like to most people, for they have taken the legitimacy of government for granted all of their lives. An alternative is incomprehensible.


https://fountain.fm/episode/jGkS3xW8XphruIZUCNHt
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev is getting serious 🥷


SLP525 Bob Burnett - Bitcoin’s Blocksize Scarcity

Bob  joins me to talk:

-Blockspace scarcity and explanation
-UTXO management
-Different types of miner
-Miner’s Trilemma
-Mining NOT being a leverage play on Bitcoin
-Core Scientific bankruptcy

https://stephanlivera.com/episode/525/

https://m.primal.net/HQFK.webp


How Statism Leads to War | Human Action Podcast

https://fountain.fm/episode/TUX1o2CMNrQD8qbbDsLm


Economic Science and the Austrian Method with nostr:npub1jt97tpsul3fp8hvf7zn0vzzysmu9umcrel4hpgflg4vnsytyxwuqt8la9y  (WIM390)

https://fountain.fm/episode/ZhpCapkKYjudt8W2z6LA


🚨 The next #Chicago #Bitdevs is going to be on December 14 ! The last one in 2023 ! As tradition goes on big bottle of champagne and 🍊 on me 😁
RSVP 👇
https://meetu.ps/e/M8LS7/NyGyt/i https://image.nostr.build/3e40617caf9f73858827aa9900ed1f2421dbdeb5aeb5b0e199692c896be6c6ea.jpg


The right to self-ownership and self-determination.


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_777 - The Inevitable Bust

Thank you for the support nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev 🫂

https://fountain.fm/episode/jGkS3xW8XphruIZUCNHt


The Anarchist shouldn't fight the minarchist when they both live under the rule of a leviathan State.


I think there can be politicians like Ron Paul that ran on the practical grounds of playing defense against the growth of the State, advocating for shrinking the State substantially and ending the Fed.

Yes politics is antithetical to liberty, but if a politician succeeds in drastically shrinking the size of the State I can't help but be somewhat sympathetic.

The Anarchist shouldn't fight the minarchist when they both live under the rule of a leviathan State.


State adoption will be the State's attack on Bitcoin

nostr:nevent1qqspj26tvlhvuzmajn2zqgs20sxquuxcsdhr3ns0ks7qlhyc2rmktvcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyq4m4nj48mlt7kxa2kgjz60e9sgj86mpy8tm5zf0d3gpqjhuxxkw7qcyqqqqqqg25yyaq


Most people do not care about ideological opposition to the State. Pump their bags and they will submit.

nostr:nevent1qqs2u0r942gfzwac2la48e520advlffrqema2mhjhemptn8wsrt6r6spzdmhxue69uhk7enxvd5xz6tw9ec82c30qgs286ef249ayl720aflvcnjuja4n5rx7te3wzx0xs25pj6898aassgrqsqqqqqp5tdt0n


BREAKING: Lightning channel management costs highly correlated with Bitcoin fees, experts say.


Sorry carnivores, but freshly made croissants are some of the best tasting things in the world.

nostr:nevent1qqsrw4zkcp9jxs9cq3a88rm7znakeu2tukyzvmz3jjanc09qyp3ramspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpgc3lr9z8u9chsyd6ndmqva8urg6n2mnp4uj2qfwtnhr8skjm9ysqvzqqqqqqylxzday


The Fed and the Fate of the Dollar | Bob Murphy

https://youtu.be/5fNsioDJxxs?si=WseSAHKOA-8Rc9Xh


nostr:npub139nl9yxvwayl60fr97m3zrq9md6x5v0uup344mkyuyg6mzlusyxs4zkwf4

https://image.nostr.build/885d4b3b453a4a7eac3f16e7993c1be3ab5bbcbc5c77d1fc7f90b731655e82c8.jpg


I'm usually on the toilet when I browse Nostr anyway, so it's fine 🤙


The State is a grandly orchestrated system of robbery, legitimizing and magnifying theft on a societal scale. It stands in direct opposition to human prosperity and the advancement of civilization.

nostr:nevent1qqs9f2ehkuvjnsxw0v3ynn7mdneg5tgtsgg93vxk76j9vnqpspy7plcpremhxue69uhhyetvv9ujucnfw33k76twv96kg6tzd3jjucm0d5pzp3yw98cykjpvcqw2r7003jrwlqcccpv7p6f4xg63vtcgpunwznq3qvzqqqqqqyjwnm4a


Good ideas don't require force

https://image.nostr.build/5e0fc5ac02a9afe1b4605183149738f848bfab96b15cb20ede324c03dc2b2c52.jpg


fee burden remains a difficult concept to explain to users in high fee environments
https://m.primal.net/HQat.png


In darkness, be a light. In despair, be hope.

nostr:nevent1qqst76km56y7qpy7sltswl7s92eg572crm9jwv78euawtxw5lw9vseqprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncrqsqqqqqp0apyvx


For 30+ years low interest rates incentivized more & more debt — debt servicing costs were almost an afterthought.

“More debt isn’t a problem” was a common mantra.

Oops…sh*t got really expensive really quick. https://image.nostr.build/baa38d1089758c7e80bbd1435b7f35ade4ff8be5cbf8ebe3cb05c8a7726fc33b.jpg


nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq #279: Momentum is Building

nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
🤙

https://fountain.fm/episode/qUGjSx4Dr4NieWb058vO


If there were no scarcity in the world, human conflicts or more precisely physical clashes would be impossible. Interpersonal conflicts are always conflicts concerning scarce things. I want to do A with a given thing and you want to do B with the same thing. Because of such conflicts--and because we are able to communicate and argue with each other--we seek out norms of behaviour with the purpose of avoiding these conflicts. The purpose of norms is conflict-avoidance. If we did not want to avoid conflicts, the search for norms of conduct would be senseless. We would simply fight and struggle.

Absent a perfect harmony of all interests, conflicts regarding scarce resources can only be avoided if all scarce resources are assigned as private, exclusive property to some specified individual or group of individuals. Only then can I act independently, with my own things, from you, with your own things, without you and me clashing.

But who owns what scarce resource as his private property and who does not? First: Each person owns his physical body that only he and no one else controls directly. And second, as for scarce resources that can be controlled only indirectly (that must be appropriated with our own nature- given, i.e., unappropriated, body): Exclusive control (property) is acquired by and assigned to that person who appropriated the resource in question first or who acquired it through voluntary (conflict-free) exchange from its previous owner. For only the first appropriator of a resource (and all later owners connected to him through a chain of voluntary exchanges) can possibly acquire and gain control over it without conflict, i.e., peacefully. Otherwise, if exclusive control is assigned instead to latecomers, conflict is not avoided but contrary to the very purpose of norms made unavoidable and permanent.

If you want to live in peace with other people and avoid all physical clashes and, if such clashes do occur, seek to resolve them peacefully, then you must be an anarchist or more precisely a private property anarchist, an anarcho-capitalist, or a proponent of a private law society.

Hans Herman Hoppe


If you can become aware of the miraculousness which I symbolize, you can help save the freedom mankind is so unhappily losing.

https://youtu.be/IYO3tOqDISE?si=DfpHWr2h_kgCwFrO

nostr:nevent1qqsqzenkn82xhhk8mhn52qgpucr2rhc7y7xr3mgry6e58qxp7qeqd2gpzpmhxue69uhkummnw3ezuamfdejsyg8vn8ku24n7q2q4lv2syq59utag8yynrnklt8yr66ajchmwu9fshypsgqqqqqqswne3xg


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_776 - Banks Without Bankers ( nostr:npub1m7fjc8z7t00jzrgkfm4kzvnv4chf04rq9ykpke0rpe0ke2kud24qmg0l4p )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev 🤙

https://fountain.fm/episode/jugJLe04ZYUCJsPuZNKZ


Always fun hanging out talking ‘macro’ & bitcoin with frenz.

nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe,  nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z,  Greg Foss, w/ Luke Gromen jumping in on the back half. 🙏🍻

https://fountain.fm/episode/Wlj18Bh3dJFyogcbi1Km


mises.org: The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction -- https://tinyurl.com/2xx3378b -- The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective. Austrian business cycle theory provides a profound understanding of how artificially inflated booms sow the seeds of their own destruction. Delving into the depth of this theory illuminates the inherently unsustainable nature of economic upswings driven by the availability of cheap credit and inflat #liberty #news


Austrian business cycle theory carries several critical implications that remain highly relevant today. First, it reveals how inflationary booms plant the seeds of future busts by massively distorting investment incentives and price signals economy-wide. When interest rates are artificially lowered, malinvestment spreads rapidly across all sectors, initiating unsustainable projects that lack real underlying profitability.

Second, the theory demonstrates that the subsequent bust is unavoidable and results directly from the distortions, malinvestment, and overconsumption inherent in the preceding boom. The bust is the necessary market correction to the artificial boom. This implies that policymakers cannot possibly prevent recessions by reflating busts with even more credit and stimulus as this will only pile new distortions upon old ones.

Third, the theory shows that there are no shortcuts around the bust. Liquidation of malinvestment and realignment of the production structure are necessary to restore the economy to stability and sustainable growth. An additional stimulus cannot circumvent this painful but curative process.

Fourth, the bust should be embraced or permitted to run its course as the economy’s natural healing process, not derided as the problem itself. The bust is the solution to, not the cause of, economic turbulence.

Finally, the Austrian framework proves that policies that aim to continually inflate booms inevitably cause tremendous harm. Cheap credit distorts pricing signals and incentives, leading to systemic misallocation of resources.

These lessons remain highly pertinent in the present day, as decades of ultraeasy money have possibly inflated the largest asset bubble in modern history. Policymakers face continued pressure to reflate the bubble to avoid economic fallout. Yet, Austrian theory offers a stark warning that market forces cannot be ignored perpetually. Artificially stimulated booms only set the stage for even harsher busts when the unavoidable correction finally culminates. Therefore, understanding the seeds of collapse inherently embedded in inflationary booms provides urgent insight into our precarious economic trajectory. Despite its political unpopularity, the economic downturn remains an inescapable presence on our journey, a path lined with reckless enthusiasm and the false promise of easily accessible credit.

nostr:nevent1qqsqdfg435r65t9ff8vhhnz9ksm33uluplut22vh6r9ufy7lqh7xqhcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqsgtnnfp


According to Austrian theory, systematically liquidating the unsound investments and errors made under the influence of monetary illusion is an unavoidable correction. To blindly blame the bust for exposing the economy’s excesses is akin to blaming the hangover rather than the intoxication. The distortions of the boom must be purged and the errors corrected.

Seeking to prevent the bust via renewed inflationary stimulus is much like avoiding sobriety after an unrestrained bender. The necessary correction will only grow more severe if continually postponed and amplified by additional distortions that keep fundamentally unsound ventures artificially alive. The recession serves as the natural corrective phase, aimed at reestablishing a foundation of sound economic principles following the prior era of misguided optimism induced by artificial credit expansion.

The bust plays an essential role in eliminating monetary distortions by realigning prices, closing unprofitable enterprises, and redirecting wasted resources into sectors genuinely aligned with consumer demands rather than allocated based on temporary monetary inflation. This painful but necessary process clears the way for balanced, sustainable growth founded on a framework of reality rather than fiscal intoxication and inflationary misallocation.

Policymakers often deride recessions as the source of economic problems and attempt to artificially resuscitate the economy via renewed inflation. Yet, according to Austrian theory, the bust is in fact the solution, not the problem itself. The true problem was the extensive distortions and malinvestment induced by the artificial boom. Efforts to continuously reinflate bubbles through monetary intervention only worsen matters enormously and plant the seeds for far more chaotic crises in the future when the correction is finally allowed to fully run its course.

nostr:nevent1qqsqdfg435r65t9ff8vhhnz9ksm33uluplut22vh6r9ufy7lqh7xqhcpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgz0axrp


The Austrian business cycle theory argues that efforts to artificially suppress interest rates below natural market levels fuel an unsustainable economic boom. When the inflationary credit expansion inevitably slows, the façade of illusory prosperity unravels as the widespread malinvestments and errors made during the boom are exposed and must be corrected. This bust phase acts as an unavoidable period of painful but necessary realignment and market correction.

In contrast to mainstream beliefs that monetary authorities can successfully iron out business cycles via interventionist policy, the Austrian school of thought recognizes such efforts to stimulate growth as inherently counterproductive and ultimately destructive. Inflationary booms inevitably sow the seeds of their own destruction and systemic collapse. Fear the booms, not the busts.

nostr:nevent1qqsqdfg435r65t9ff8vhhnz9ksm33uluplut22vh6r9ufy7lqh7xqhcpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgz0axrp


There is a safe house for him right down the street at Chicago BitDevs


The recurring cycle of economic booms followed by inevitable busts has remained a puzzle for generations of observers. While mainstream Keynesian and monetarist theories propose monetary interventions to smooth these fluctuations, the Austrian School offers a compelling and alternative perspective. Austrian business cycle theory provides a profound understanding of how artificially inflated booms sow the seeds of their own destruction. Delving into the depth of this theory illuminates the inherently unsustainable nature of economic upswings driven by the availability of cheap credit and inflation.

nostr:nevent1qqsqdfg435r65t9ff8vhhnz9ksm33uluplut22vh6r9ufy7lqh7xqhcpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgz0axrp


A great read! Makes perfect sense☕👌🏻 nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz nostr:note1q6j3trg84gk2jjwe00xytdphrrelcrlck55e05xtcjfa7p0uvp0szpdmnr


The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.

nostr:nevent1qqsqdfg435r65t9ff8vhhnz9ksm33uluplut22vh6r9ufy7lqh7xqhcpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgz0axrp


🧡💜🧡💜

Thanks for the support 🫂


The Inevitable Bust: Why Economic Booms Contain the Seeds of Their Own Destruction

My latest from the #Mises Institute

https://mises.org/wire/inevitable-bust-why-economic-booms-contain-seeds-their-own-destruction


In effect, with the establishment of a judicial monopoly all private property becomes essentially fiat property, i.e., State-granted private property. Private property is only provisionally private and left under private control, i.e., only until some State-made law or regulation does not decree otherwise, thus creating an environment of permanent legal uncertainty and causing an increase in the social rate of time-preference.

Let me term this process that is set in motion with the institution of a State: the progressive deviation from a natural order and system of justice and the increasing erosion of all private property rights and corresponding growth of the legislative and regulatory powers of the State, the process of de-civilization.

Hans Herman Hoppe


Interestingly, although the prescriptions and requirements of a natural order appear intuitively plausible and reasonably undemanding on its constituent parts, i.e., on us as individual actors, as a matter of fact, however, we inhabit a world that sharply deviates from such an order. To be sure, there are still traces of natural law and justice to be found in civil life and the handling of civil disputes, but natural law has become increasingly deformed, distorted, corrupted, swamped, and submerged by ever higher mountains of legislative laws, i.e., by rules and procedures at variance with natural law and justice.

It is not too difficult to identify the root cause for this increasingly noticeable deviation of social reality from a natural order and to explain this transformation as the necessary consequence of one elementary as well as fundamental original error. This error - the "original sin," if you will - is the monopolization of the function of judgeship and adjudication. That is, the "original sin" is to appoint one person or agency (but no one else!) to act as final judge in all conflicts, including also conflicts involving itself.

The institution of such a monopoly apparently fulfills the classic definition of a State as a monopolist of ultimate decision-making and of violence over some territory that it acquired neither through acts of original appropriation nor through a voluntary transfer from a previous owner. The State and no one else! - is appointed and permitted to sit in judgment of its own actions and to violently enforce its own judgment.

Hans Herman Hoppe


If you want to live in peace with other persons - and you demonstrate that you wish to do so by engaging in argumentation with them - then only one solution exists: you must have private (exclusive) property in all things scarce and suitable as means (or goods) in the pursuit of human ends (goals); and private property in such things must be founded in acts of original appropriation - the recognizable embordering or enclosure of scarce resources or else in the voluntary transfer of such property from a prior to a later owner.

Hans Herman Hoppe


Wake up honey, a new Bitcoin development philosophy debate just dropped!
https://youtube.com/watch?v=WDHrgeS70H0


Will do moving forward 🫡


Amidst what's going on lately, I thought it might be a good time to remind everyone that nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg supports both PayJoin and CoinJoin.

So if you're running a BTCPay instance, you can:

1. Withdraw Bitcoin from exchanges with PayJoin, obscuring the amount to outside observers.
2. Auto-initiate CoinJoin when certain conditions are met (desired Bitcoin amount and fee market).

Bonus: You can easily run your own coordinator, mixing your Bitcoin without using mainstream services and coordinators.

This could be a great asset for local communities with regular Bitcoin flows (e.g., DCA of members) to boost privacy collectively.

The best part? It takes about 20 minutes to set up. I'm considering creating a video guide - would you watch it if I did?

https://m.primal.net/HPxP.png

https://m.primal.net/HPxQ.png

https://m.primal.net/HPxR.png


"My fellow Bitcoiners: we must remain vigilant and we must push back against the creeping advance of tyranny. If we become complacent, if we settle for convenience over security, we can expect this elegant protocol to morph into a monster."

nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp

https://blog.lopp.net/death-of-decentralized-email/


If you are expecting mass civil disobedience from bitcoiners you are going to be incredibly disappointed.

Fortunately bitcoin is designed to be resistant against a captured majority.

Millions of us will still use bitcoin as a tool for freedom but we will be the minority.


nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's Take_073 - Lightning is Dead, Long Live Lightning!

https://fountain.fm/episode/WwplECPYv36EfXqfmh9z


In a hyperbitcoinised world, most people will not care about preservation of individual liberty and sovereignty. They simply want the best monetary technology, even if it has been co-opted by the State.

Most people don't care about separating Money from State. They are content with the State adopting Bitcoin if it pumps their bags. The State will use NGU to bifurcate the network.

Are you ready?

nostr:nevent1qqsxt0ts3zpk5s8a8lnpfkpgjmwcqcpcvkqknrtesyfmljzm86a3nqgpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszyqzvj9w6alhrsvtl5u6ygjkwuwg2sf5lukqskgjpuhnd6dpal0kvjqcyqqqqqqgwaf4jx


SLP523 @adam3us CEO of @Blockstream - Entering a new Bitcoin bull cycle

Adam Back joins me to talk:

- SBF found guilty
- Bitcoin bull cycle
- Block size wars
- Blockstream Greenlight
- Blockstream BASIC note
- Blockstream Green

https://stephanlivera.com/episode/523/

https://m.primal.net/HPQh.webp


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_775 - The Fed Threatens to Sue nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/W1eeSYQ4ma5Z4AmJsLj6


Bitcoin Optech: Newsletter #275 Recap

https://fountain.fm/episode/NWcxhYTtopIWzxYNEuKk

nostr:nevent1qqsfz0jzm7tv24a62ukep9wsj0zz70tvdcneapfk29vypswqgunsjpcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg9ah94dxxkx4ufrca5rc4thtm3p8rdqlrcprcuef4t2yunsu6f9w5psgqqqqqqshuyep6


There is nothing “random” about value, but it is certainly personal. It is value that motivates people to take specific actions, thus giving rise to the economic phenomena that we study—such as prices, resource allocations, and economic growth. There are perhaps reasons (or causes) for why we value one thing but not another and why our valuations change over time, but those are issues in the realm of psychology. Economics does not and needs not deal with why people value something (or not). What matters is that they do and that they take actions motivated by that value, which have consequences in the physical and social world.

There are many more problems with mainstream economics, but core to them is the treatment of the economy as objective and therefore measurable, whereas any economic phenomenon is necessarily based on value subjectivity. This does not make economics less reliable as a field of scholarship. On the contrary, pretending (or “simplifying”) that people make objective choices between objective alternatives is the cause of many errors by economists.

To study mere choice excludes much of the creative, value-motivated, temporal process of action and therefore the cause of social and economic phenomena. While the economy can be studied from the perspective of objective, measurable data, the problem is that no actor within the economy—whose actions in effect make up the economy—acts based on objective parameters. Value is at the core of the individual action—what motivates it—and, therefore, value is also what causes and gives rise to all economic phenomena. The fact that many economic phenomena are objective, or at least intersubjective, is in fact irrelevant to the study of economics because economic phenomena cannot be understood without recognizing and consistently applying value subjectivity.

https://mises.org/wire/objective-science-subjective-value

https://fountain.fm/episode/AUhYUDnxgL6nFvnIAoHl


SLP522 @JasonLes_ CEO of @RiotPlatforms - Dodging Knives as a Bitcoin Miner
Jason Les joins me to talk:

- His poker background
- Hashrate
- Riot’s competitive advantages
- HODLing Bitcoin as a miner
- Should miners use debt?
- Bitcoin ETF impact?

https://stephanlivera.com/episode/522/

https://m.primal.net/HPHf.png


👀

https://image.nostr.build/4f2535c06e5a3b8c2f1e90968497d9af3de371ac0ca07fc997e6bda33e06c205.jpg

https://image.nostr.build/0e93d61d1535f838ad8d45f6ae7ee5c9be9c6d4b76d384c2a2dbd2ee526433b0.jpg

https://image.nostr.build/8acbbfc80c6ee5d86b46fa007f5168bc6e1777ac792a5b63fa0bbb7fec18897b.jpg


It's so easy to criticize.

Creating something new is hard. Building equals sweating, so if you see someone sweating, err on the side of building them up rather than kicking them down. Encouragement is a superpower. Encourage honestly and emphatically, and you might end up with the world you want to see.


Practice the non-aggression principle ✌


Or just rewatch it with him

https://media.tenor.com/iC5HSCJRaXUAAAAM/attack-on-titan-funny.gif


How Bitcoin Fights Tyranny with nostr:npub1hk0tv47ztd8kekngsuwwycje68umccjzqjr7xgjfqkm8ffcs53dqvv20pf

nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
🤙

https://fountain.fm/episode/MwfiDJOxKPFa6nmFUpMn


It is all but inevitable that central banks will continue expanding the money supply to delay the day of reckoning and preserve the facade until the inevitable hyperinflationary crack-up boom, although the sheer weight of debt alone may produce this outcome. Promises of reform have been made, only to go unfulfilled. In order to prevent disaster, we must fundamentally rethink our monetary and fiscal policies against the temptations of short-term political gain. To quote Ayn Rand:

The Specter of Hyperinflation Looms over the Economy | Michael Matulef

"It is all but inevitable that central banks will continue expanding the money supply to delay the day of reckoning and preserve the facade until the inevitable hyperinflationary crack-up boom, although the sheer weight of debt alone may produce this outcome. Promises of reform have been made, only to go unfulfilled. In order to prevent disaster, we must fundamentally rethink our monetary and fiscal policies against the temptations of short-term political gain."

This is a highlight created on https://highlighter.com


Everything on Bitcoin with Robin Linus & nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/HGZRh0juZ2D4X0mzIxbl


Broken Money with nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
🤙

https://fountain.fm/episode/uQBtOVvfasVDD2SD6DCa


Bitcoin and Macro Mastermind Q4 2023 w/ nostr:npub1s9z7pwy96thwt7zvmrlpfnddstezxxphx9rx3m0660sgkwld9eescjnszc , nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l , and nostr:npub1nvxnc8egjlhpqtzrxmav3yk8frf3p7y9wujgwrcgwep2xr77xrvsa0paqn

nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z
🤙

https://fountain.fm/episode/ru7ng3ikMYk2DG4mZXeI


Ideas are bulletproof.


In a world where trust is deteriorating & sovereign debt loads are exorbitant, settlement is a WHOLE different animal.

We explore this & much more in this week's chat w/ one of the brightest minds in the global research sector, Luke Gromen.

🎧 https://fountain.fm/episode/Nn8Jf1jWX4D1Ne9ohGBl https://image.nostr.build/164b3ae2eb6db0005ec38df9031bd951ef32a8d56e61a90431fd7466caaafe83.jpg


nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa
https://image.nostr.build/10ef2e643f12d28959c5d0dceb60810ea33a864e95fba97fb77ef8e0c74b60a2.jpg


In the hands of politicians, economic statistics can be as pliable as putty, and as a result, they are often molded to serve the interests of those in power.


nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

https://image.nostr.build/5bcae860157da3b232851d1506fc667dafebe6b881a46f5939c0b0c0ce279bbe.jpg


Stay humble. Stack sats. Starve the State.

https://image.nostr.build/4255f4b1785e20c728b9d65c01404988649cfbfaa4421ba9dc48683f0472aeb3.jpg


nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq #277: Tether Stacking $4B a Year

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
🤙

Stay humble. Stack sats. Starve the State.

https://fountain.fm/episode/ZoXPBObXoV4CR0kbrUqi


This response from nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu to the Federal Reserve is beautiful.

“We have no interest in causing confusion, mistakes, or deception. That sounds more like a job for those responsible for telling the market they wouldn’t raise rates after a massive monetary expansion, and then went on to raise them faster than at any time in U.S. financial history.”

https://bitcoinmagazine.com/legal/federal-reserve-threatens-to-sue-bitcoin-magazine


It's afraid

https://media.tenor.com/rLMawmzyd4kAAAAM/starship-troopers-slug.gif

nostr:nevent1qqsw6jdfy6qlezw7pc74lsld9kdrafm3wmhupak0656rhytlua86wfspzpmhxue69uhkummnw3ezuamfdejsyg9e55m4ywa69lx6aptajrv2wcx7fusnnj0epkvx7aruulgwcrgh85psgqqqqqqs98z55f


MRW my wife surprises me with Bit Block Boom tickets for my birthday

https://media.tenor.com/tK5fR0B-l5kAAAAM/its-happening.gif


NEW SIMPLY SESSIONS

The Wall Street Journal *Quietly* Retracts Their Article Linking BTC To Terrorism

LIVE at 6pm with nostr:npub1gu47n7fxfm4py48jktmu6tdqcvva4e87fntynuzzf62zxnw2e7tsc6907g - here on Nostr, or at the YouTube link below

https://www.youtube.com/watch?v=QzJCncvLyuw

Subscribe for your weekly news roundup and techn updates!
https://youtube.com/@BTCSessions?sub_confirmation=1


Responding to Yaron Brook's Critique of Anarcho-Capitalism

https://fountain.fm/episode/GngRqyvxRM2m28qLup6U


The Relationship of Money and Culture | Bitcoin is Venice Series Episode 4 (WİM384)

nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt
Sacha Meyers
nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um
🤙

https://fountain.fm/episode/Nig68PckVA7SmhX22Acx


Better find a new job 😁


Everything Voluntary ✌

https://image.nostr.build/8b9e7313ce64aea0590be181dfbeac5b541a11625a90a9f4181857919f1a5f38.jpg


The Federal Reserve Turns 110: A Review of the Damage Done

https://fountain.fm/episode/mFkGN8Pm1JPbG3VKYnrz


Bitcoin Optech: Newsletter #274 Recap

https://fountain.fm/episode/TL5q0BFEAEk88agrdbVM

nostr:nevent1qqsgxn9stknzvm47wqrxmx20h58m2jcps408revfsdnnenlruell9ygppemhxue69uhkummn9ekx7mp0qgstmwt26vdvdtcj83mg832hwhhzzwx6p78sz83ejn2k5fe8pe5j2agrqsqqqqqpukjr6v


The State Is Too Dangerous to Tolerate

https://video.nostr.build/924d282dca37a0dc30912160e8e3130844809dbb8de2114aa25fd04592c4f8d5.mp4


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_774 - Bitcoin Won't Fix the Federal Reserve

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/ZFeWiKlwwHr1qvRaphH1


TFTC #457: How a Miner Survives a Bitcoin Bear Market with Drew Armstrong & AJ Scalia

nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
🤙

https://fountain.fm/episode/VhjfboKLIzog2Mu6sPAY


How Inflationary Money Causes the Affordability Crisis

Contrary to the state-informed economists that make their living using technocratic arguments on behalf of the state, deflation is not a bad thing at all. Rather, it is a natural state of human affairs that encourages good decision-making by the consumer. Where there is deflation, I can get an increase in purchasing power by simply not spending my money. This means that when one goes to buy something, they must make the tradeoff between having some goods now and having more goods and services later—a natural tradeoff to make.

On the other hand, under inflation, we are incentivized to spend money on literally anything as it will necessarily be more expensive in the future. In this case, the value of money depreciates, which means you can choose between some goods now and fewer goods and services in the future.

https://mises.org/wire/how-inflationary-money-causes-affordability-crisis#:~:text=This%20increased%20production%20of%20money,specific%20goods%20they%20were%20buying.

https://fountain.fm/episode/ycBUVQKr8jO5bXY8RzLb


CITADEL DISPATCH 113: nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 WITH EVAN KALOUDIS

"THE NODE IS IN YOUR PHONE"

https://www.podpage.com/citadeldispatch/cd113-zeus-with-evan-kaloudis/


#Chicago #Bitdevs is happening tomorrow!
Here is agenda 👇

http://chibitdevs.org/2023-11-02-Socratic-Seminar-48

See you 🤙
https://meetu.ps/e/M8LS5/NyGyt/i https://image.nostr.build/5b9fa4bf01d5f11d5aa572fb2ad1c2b4bcdc9c575f1562cd37ab90fa62792179.jpg


Bitcoin: The Digital Gold Standard For The Digital Age


Bitcoin and Data Monopolies | Bitcoin is Venice Series Episode 3 (WIM383)

nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt
Sacha Meyers
nostr:npub15vzuezfxscdamew8rwakl5u5hdxw5mh47huxgq4jf879e6cvugsqjck4um
🤙

https://fountain.fm/episode/Zg59YTWrkqJzcCvBNEHo


15 years. https://bitcoin.org/bitcoin.pdf


Breaking!

https://image.nostr.build/8cb3c6a2e4bc39cd5065719ec65307ad10b67fbc13a26e46303aad107bf37bb5.jpg


Bitcoin Financial Advice with nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf & nostr:npub1rexyltl8ke389qlxqc0707rz77fuuqzdsdd69vlzneaz2p9vnkaq4l6u3c

nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
🤙

https://fountain.fm/episode/Xm1SETO60KSS5ao2tFhA


nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq #276: Return of the Bull?

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx
nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
🤙

Stay humble. Stack sats. Starve the State.

https://fountain.fm/episode/Z6fL1WP7SM2ynaLbgoBL


What is Cognitive Dissonance

nostr:nevent1qqs9ycdmcqyrvev7j5qmn02swufzj6ejrkajm9ua6gdce3y273v735cppemhxue69uhkummn9ekx7mp0qgsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncrqsqqqqqptkaynj


nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m was right

https://image.nostr.build/29f7367257ace21e154ba725029a349ef8a872a56dd570f47048ed503e0fe1ad.jpg

https://www.zerohedge.com/economics/specter-hyperinflation-looms-over-economy


mises.org: The Specter of Hyperinflation Looms over the Economy -- https://tinyurl.com/2xb8o3zw -- The threat of hyperinflation has haunted fiat money economies throughout history. Although past empires crumbled under the weight of unrestrained money printing, modern bankers at the Federal Reserve assure us that today’s financial system is immune to such a fate. Austrian business cycle theory, however, reveals that current economic stimulation may be propelling us toward a crisis of catastrophic proportions: a crack-up boom that marks the dramatic end of this boom-and-bust cycle. When a central bank expands the money supply to reinflate bubbles, it destroys the currency’s purchasing power. #liberty #news


🎃🎃🎃🎃🎃

https://image.nostr.build/5ba15cc81a218ce71dffee93f053f6fbcb6e5d36c31c591e862c4db3b305fa02.jpg

https://image.nostr.build/5352e45c70cc8793d0c514741e8417d05ae27e61be35a074fb61dca62ff865cf.jpg


A strange game. The only winning move is not to play.


Credit expansion cannot increase the supply of real goods. It merely brings about a rearrangement. It diverts capital investment away from the course prescribed by the state of economic wealth and market conditions. It causes production to pursue paths which it would not follow unless the economy were to acquire an increase in material goods. As a result, the upswing lacks a solid base. It is not real prosperity. It is illusory prosperity. It did not develop from an increase in economic wealth. Rather, it arose because the credit expansion created the illusion of such an increase. Sooner or later it must become apparent that this economic situation is built on sand.

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgewpq5f


Pretzels 🥨 from scratch

#food
#bake
#pretzel

https://image.nostr.build/1bc448d39df4728cd1880af35344b502ad9d3ede2520b2c87ab8629410c15c7f.jpg

https://image.nostr.build/4ab9d847900158a1f60d3c1de0a707f1e16aad6f8a96965b88992b9ac6f79689.jpg

https://image.nostr.build/5d03e1540a484beff85013d4f87a4631a42027bad4b20ee0ac68dff90bf7b849.jpg

https://image.nostr.build/e328a5d105e3a2195127a68ef1c1053da8b3d28682d7a4b01fe040ac9021cc63.jpg


This phenomenon was, in the great European inflations of the ’20s, called flight into real goods (Flucht in die Sachwerte) or crack-up boom (Katastrophenhausse). The mathematical economists are at a loss to comprehend the causal relation between the increase in the quantity of money and what they call “velocity of circulation.”

The characteristic mark of the phenomenon is that the increase in the quantity of money causes a fall in the demand for money. The tendency toward a fall in purchasing power as generated by the increased supply of money is intensified by the general propensity to restrict cash holdings which it brings about. Eventually a point is reached where the prices at which people would be prepared to part with “real” goods discount to such an extent the expected progress in the fall of purchasing power that nobody has a sufficient amount of cash at hand to pay them.

The monetary system breaks down; all transactions in the money concerned cease; a panic makes its purchasing power vanish altogether. People return either to barter or to the use of another kind of money.

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzdmhxue69uhk7enxvd5xz6tw9ec82c30qgs964yyepyk02krnpkd2y403hxa2fpn6zgp4kamty3kqyvgg2p658srqsqqqqqpwqltvx


nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

Got #Bitcoin?

https://image.nostr.build/4e57ebf24788af3ab463195a1d5435fa19e9bdd2d1a481e776377cf68e25f2f0.jpg


A crack-up boom would erode the power of the federal government: with a dramatic fall in the currency’s purchasing power, the administration’s ability to fund programs and institutions would deteriorate, the Treasury would go bankrupt, and the government would have to either massively downsize or attempt to fund operations by printing even more money. Along with the value of the promissory notes, trust in centralized authority would evaporate.

With the federal government weakened and desperate, power would naturally shift back to individuals and their local communities. When faced with harsh economic realities, communities depend on themselves rather than flailing national policy. Individuals and communities should strengthen their local networks to weather the coming storm, increasing local involvement and forging bonds of cooperation. Joining area organizations and neighborhood groups can foster mutually beneficial relationships and support systems, invaluable resources for when the currency buckles. With shared purpose, communities enhance their capacity to withstand the crisis.

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgewpq5f


It is all but inevitable that central banks will continue expanding the money supply to delay the day of reckoning and preserve the facade until the inevitable hyperinflationary crack-up boom, although the sheer weight of debt alone may produce this outcome. Promises of reform have been made, only to go unfulfilled. In order to prevent disaster, we must fundamentally rethink our monetary and fiscal policies against the temptations of short-term political gain. To quote Ayn Rand:

"Just as a man can evade reality and act on the blind whim of any given moment, but can achieve nothing save progressive self-destruction—so a society can evade reality and establish a system ruled by the blind whims of its members or its leader, by the majority gang of any given moment, by the current demagogue or by a permanent dictator. But such a society can achieve nothing save the rule of brute force and a state of progressive self-destruction."

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgewpq5f


With each intervention, the Fed suppresses market corrections, inflates asset bubbles, and encourages high-risk debt. This constant flood of stimulus promotes moral hazard as it optimizes the economy for speculation while curtailing organic productivity. How much longer can this monetary dance along the precipice of hyperinflation continue before the dollar plunges into the abyss?

Despite the veneer of stability, individuals sense that the economy rests on a precarious foundation of debt and deceit. They intuitively grasp that capitalism has metamorphosed into a cronyism that disproportionately rewards those with political connections in an amalgamation of concentrated power, unrestrained money creation, and escalating inequality.

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzpmhxue69uhkummnw3ezuamfdejsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqshm29wj


https://image.nostr.build/8515e9053922b762b4a8ed97016b318d5aff057633109c08b11feb1ce6957591.jpg

...all we can do is by some sly roundabout way introduce something that they can't stop.

#Bitcoin


Eliminating our biases entirely may be a daunting task, but we can genuinely embody mutual respect by wholeheartedly endorsing voluntaryism and upholding the essential tenets of respecting others' property rights, particularly their right to self-ownership and self-determination.


There is a specter haunting the modern world 👻

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgewpq5f


The Specter of Hyperinflation Looms over the Economy

My latest from #Mises

https://mises.org/wire/specter-hyperinflation-looms-over-economy


The only way to change that bad behavior is with tooling that reinforces privacy that is just as intuitive, simple, and sustainable. Bickering tribally won't make tools.

nostr:nevent1qqs8emw6ge2nc2reqllk6d3kd2m9zcen8dageykx7pdc7xe3elsk4rqpzamhxue69uhkxcfwdaexzmn8v4cxjmrv9ejx2aszypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgkrs0fv


Inside look into a relay transporting notes and other stuff

https://video.nostr.build/c81fc7489a2e5a1b0211fd39eaf1c71ba2534212d7d813edc2dd3f1ebe9ef6df.mp4


The light may seem dim, but it still shines if you look for it. Fan its flame and let it guide you through the shadows.

🧘


Chocolate chip lavender cookies

#food
#bake
#lavender
#cookie

nostr:nevent1qqs8le5yuy7kwxndwg3l6pzq2k8znz7mdhu3v2xtd08ez6prs9r0ldcpr3mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmqzyz33r7x2y0ct30qgm4xmkqe60cx34x4hxrtey5qjuh8wx0pd9k2fqqcyqqqqqqg7kg758


Enjoy Capitalism


#mindfullness
#parent

https://image.nostr.build/2aa5bd541cca795110827ad60beaa36bf83db5adb3d46a12af53b424ae22b616.jpg

https://image.nostr.build/40b60fb1f22dad43b996638f4844f108541a6094008489a906f092d0b2b4c180.jpg


There are literally zero freedoms that can be meaningfully protected if you are forced to use a money that someone else can alter, freeze, print, or surveil at their discretion and without your consent.

It's the total and complete revocation of anything even resembling free market forces & property rights.

CBDCs will be the nail in the coffin of the free world... whatever still remains of it.


“I swear—by my life and my love of it—that I will never live for the sake of another man, nor ask another man to live for mine.”


No meaningful privacy can actually be obtained without either preventing entirely the ability to surveil you (not practical at all) or finding blind spots where you can "mix" yourself with other people and obscure who is exiting those blind spots in which direction. Without these places multiple people can go into, where they cannot be surveilled inside, and leave in different orders and exits obscuring who is who, no privacy can be obtained from surveillance. Preventing surveillance in the wider world is essentially impossible, but if you can prevent it just in blind spots people can use for this purpose, that is enough.

nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde

https://bitcoinmagazine.com/culture/privacy-is-a-group-effort


Yo nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f


https://media.tenor.com/cWVmQIpPQbAAAAAM/what-no.gif

If I keep earning the same amount in Bitcoin I'll keep zapping the same amount in Bitcoin


GM

https://media.tenor.com/M6-Mh3PyqfEAAAAM/neko-no-ongaeshi-cat.gif


TIME: Principles of Economics online course Lecture

nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
🤙

https://fountain.fm/episode/Z0hFroIgpgvXnROTB5e7


Privacy is a right. The US govt can go fuck themselves


"Ultimately, this is a further monumental leap in the U.S. governments attempts to prevent the usage of privacy tools in the cryptocurrency space. This crackdown, especially with the broad definitions imposed by FinCEN here, will kick-start the bifurcation of cryptocurrencies into two worlds — white-market and black-market money.

The cryptocurrency world will split into two separate economies, one that functions as an add-on to the traditional finance and compliance regime, and one that acts as an independent and self-sustaining circular economy."

nostr:nevent1qqsr5ek99zxtx63rlm4yqgukcd6h97qfhjwxn4659sw7053hy24ee0gpz4mhxue69uhhyetvv9ujuer9v4a8jtnfduhsygrnrzazrx07q92w8jtmt8fsp7w5gntx9770ckmpthpz8kjqpjp40gpsgqqqqqqsqwpa9g


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_773 - A Solution to Scaling Lightning

nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde
nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev

🤙

https://fountain.fm/episode/8Aal0gZiXxb9XSFVJS4r