Fresh 🥐

#croissant

 https://image.nostr.build/c4928fcb66784037bfdb968e795b03d88729e14d162df9855f502d6138d62941.jpg https://image.nostr.build/4ca8e14096c3d84c852b794180ae096adc03e4a93993b9b1193d8609d77d96a1.jpg


Question the system.
And that includes OpenSats, other Bitcoin entities and Nostr influencers as a whole.


Ba-dee-ya, never was a cloudy day

https://open.spotify.com/track/5TKorwNlSLxlxwmci92pZV


Topics for next Tuesday are here

https://github.com/MilwaukeeBitcoinMeetup/Milwaukee-Bitcoin-Meetup/issues/6


GM ☕

https://open.spotify.com/track/6cWPz408v5jMZjgTiiqbLh


Great Consensus Clean up, MEVil and LN isn't dead Steve Lee ( nostr:npub1ug8c5wp6chs4xessrstq3mj0x0agkttey5xwk26632a2gw22de7qkfd9ry ) and nostr:npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdp  SLP565

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/DNLkvDE1zw8i8P13rbHu


AntPool & Bitmain Acting as 'a Pool of Pools' - Report

"AntPool/Bitmain is essentially a pool of pools. This is causing mining centralization." -  nostr:npub1kyxqqqq8n2pu7f5pthr48zqcmr2k52vrud6wxzjpg0jsqcyhs3tshfc6vv

https://www.nobsbitcoin.com/bitmain-antpool-pool-of-pools-report/


Join me on Keet.io

pear://keet/yrb4sm3krefz38rk94p61mho1qs1xhocyst9f61aqn6ttn1y8a99duarisstafo7mequuk3cypukj7faitpqnnxhfckbpz6cnqooz9iak6t5epdg


Simon Guenzl vs. Dave Smith on Open Borders

https://fountain.fm/episode/DZQADLcvZ12iQx20MBMh


Stephan Kinsella on Rothbard's Contributions to Legal Theory

https://fountain.fm/episode/KiBtUU7KneCd73cDSCRj


In capitalism, the person who owns a resource can also control what is done with it. In a socialized economy, this isn't true because there is no longer any owner. Nonetheless the problem of control remains. Who is going to decide what is to be done with what? Under socialism, there is only one way: people settle their disagreements over the control of property by superimposing one will upon another. As long as there are differences, people will settle them through political means.

If people want to improve their income under socialism they have to move toward a more highly valued position in the hierarchy of caretakers. That takes political talent.

Under such a system, people will have to spend less time and effort developing their productive skills and more time and effort improving their political talents.

As people shift out of their roles as producers and users of resources, we find that their personalities change. They no longer cultivate the ability to anticipate situations of scarcity to take up productive opportunities, to be aware of technological possibilities, to anticipate changes in consumer demand, and to develop strategies of marketing. They no longer have to be able to initiate, to work, and to respond to the needs of others.

Instead, people develop the ability to assemble public support for their own position and opinion through means of persuasion, demagoguery, and intrigue, through promises, bribes, and threats. Different people rise to the top under socialism than under capitalism. The higher on the socialist hierarchy you look, the more you will find people who are too incompetent to do the job they are supposed to do. It is no hindrance in a caretaker politician's career to be dumb, indolent, inefficient, and uncaring. He only needs superior political skills. This too contributes to the impoverishment of society.

https://mises.org/mises-wire/why-politicians-win-and-workers-lose-under-socialism


🥓🥓🥓🥓🥓🥓
🥓🥓🥓🥓🥓🥓
🥓🥓🥓🥓🥓🥓
🥓🥓🥓🥓🥓🥓

nostr:nevent1qqs8xyrrdd0pajw20kudlgss57ncllmt65efwegf94arh2hyxhg0zdspr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzypgdjn7zmpvqc6ptqud9gtutrcc6yq9s2z96h9dr80hss4wl9qwkxqcyqqqqqqg4mnpph


nostr:npub1su60ga79paqea8kgkp52qeq4eduhtexc957m8utg4704xddprf4szmsu60
https://image.nostr.build/bdaaa29e43ed5301c867dc73756147b8df780d0de7d0e26b4ebad481fb028b6a.jpg


"What had taken place? What was the problem? What was it that caused the disintegration of an empire which, in every regard, had attained the highest civilization ever achieved before the eighteenth century? The truth is that what destroyed this ancient civilization was something similar, almost identical to the dangers that threaten our civilization today: on the one hand it was interventionism, and on the other hand, inflation."

- Mises

nostr:nevent1qqsqfwffhwu83hgjqrr0rllgq25wfx4juzxdty2q0t5qc3ele6jq40cpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqy2guutx


What are Mises’s Six Lessons?

"the fate of civilization depends on a battle of ideas, and Mises thought that good ideas would win:

I consider it as a very good sign that, while fifty years ago, practically nobody in the world had the courage to say anything in favor of a free economy, we have now, at least in some of the advanced countries of the world, institutions that are centers for the propagation of a free economy."

https://mises.org/power-market/what-are-misess-six-lessons


For most people, the medium of exchange may only be viable on secondary layers of the protocol stack.

Will they be sovereign is the question.


Our integrity sells for so little, but it is all that we really have. It is the very last inch of us. But within that inch, we are free... An inch; it is small, and it is fragile, and it is the only thing in the world worth having. We must never lose it or give it away; we must never let them take it from us.

Alan Moore, V for Vendetta


Know Thyself

nostr:nevent1qqs0hdy3qw4zxa4wp7a0ynpvsdurtjqesh5m9gxt8fvy80t6qaekywspp4mhxue69uhkummn9ekx7mqzyrd4q65fjl7amjnustcqx68hnxaqt48fy0lzzlsdufh897a0kxrkxqcyqqqqqqgyvmeyh


Bitcoin Audible Chat_097 - Lightning offline with nostr:npub1yxp7j36cfqws7yj0hkfu2mx25308u4zua6ud22zglxp98ayhh96s8c399s

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/FDW4s05MVcpt8rSXLBX8


Are American Libertarians Unduly Pessimistic?

https://fountain.fm/episode/C3JpanrTkAzuUW43FDmv


Remote key not found?

nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg
nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr

https://image.nostr.build/df4cc45b37924e8a5ce61634b395764a3ee56b2facbe4cb7959d5a9ce5f55c42.jpg


Both social and economic policies are often discussed in terms of the goals they proclaim, rather than the incentives they create. For many, this may be due simply to shortsightedness. For professional politicians, however, the fact that their time horizon is often bounded by the next election means that any goal that is widely accepted can gain them votes, while the long-run consequences come too late to be politically relevant at election time, and the lapse of time can make the connection between cause and effect too difficult to prove without complicated analysis that most voters cannot or will not engage in.

~ Thomas Sowell


The halving is nigh!

...so is the next meetup. See everyone in a week.

nostr:nevent1qqswjd0psf3ey7ctf5j7y8xxp92kv8rek76vfpkhts4uz7mvj2q2tagpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzyp06hjl9nr0src84cfxpq7q0aqr45cajywe9f2p0s796gp002cqq7qcyqqqqqqg0fqx3q


Perhaps the most important thing about risk is its inescapability. Particular individuals, groups, or institutions may be sheltered from risk - but only at the cost of having someone else bear that risk. For a society as a whole, there is no someone else. Obvious as this may seem, it is easy to forget, especially by those who are sheltered from risk, as many are, to varying degrees. At one time, when most people were engaged in farming, risk was as widely perceived as it was pervasive: droughts, floods, insects, and plant diseases were just some of the risks of nature, while economic risks hung over each farmer in the form of the uncertainties about the price that the crop would bring at harvest time. Risks are no less pervasive today but the perception of them, and an understanding of their inescapability, are not, because fewer people are forced to face those risks themselves.

~ Thomas Sowell


The purpose of capital markets is to direct scare capital to its highest uses.

~ Robert L. Bartley


In Bitcoin, Explained 92, nostr:npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c and I explain what's new in the upcoming Bitcoin Core 27.0 release.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-92-bitcoin-core-27-0-c4wla/embed/light


"Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success."

~ Mark Skousen


nostr:npub1qdcakl75gd7wv0nqmmwrz09ddm5tzl7xj8lq2gclng2qzd8up5yqjpzclt O64 - xz Utils Backdoor, LoLRa, Mutiny, HWI, COLDCARD Q, Krux, Labelbase, BitVM Bridge Risks.

nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8
nostr:npub16fhh3ev4gytmt3jn3gkkez9z99kxtspcwupen4cxn2tcym4sd22surn62p
nostr:npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3
nostr:npub1p4kg8zxukpym3h20erfa3samj00rm2gt4q5wfuyu3tg0x3jg3gesvncxf8
nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2
🤙

https://fountain.fm/episode/8qh4jA8SZg4gRh3sSqRj


https://mises.org/mises-wire/renato-moicano-if-you-care-about-yourcountry-read-ludwig-von-mises

https://mises.org/online-book/economic-policy-thoughts-today-and-tomorrow


Honestly, I had to watch this at least three times to believe it. Part of me still thinks it was AI generated.

🥊 Love to see it 🥊


Private property is a necessary condition for the existence of a free economy and of a free society.

nostr:nevent1qqstjxgl7glvxltvnqk92llamrpq0ctqppvrz6u8ehj3qvw8s4h0qycpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzyqt48rwz5cnkn5y5g0cccd7tudv04ddmlxq3wd2z4f79lut3a4mugqcyqqqqqqgymhezr


Bitcoin Audible - nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's Take_083 - It's Going Up Forever, Laura

https://fountain.fm/episode/mbr4S8mAzSq71wkOniav


What if the American people woke up and understood that the official reasons for going to war are almost always based on lies and promoted by war propaganda in order to serve special interests?

— Ron Paul


Where? When?


nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp
https://image.nostr.build/990c91be9fb226cca9469ea30fe6102ccc990c4934ecc94b86b5129cce758471.jpg


Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence.

Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion—when you see that in order to produce, you need to obtain permission from men who produce nothing—when you see that money is flowing to those who deal, not in goods, but in favors—when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you—when you see corruption being rewarded and honesty becoming a self-sacrifice—you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. “Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence.

- Ayn Rand


The libertarian believes that individuals should be free to live their lives as they see fit, as long as they do not violate the rights of others.

~ Murray Rothbard


Bitcoin Audible Chat_096 - Surviving the Shift to a Bitcoin World with ( nostr:npub15879mltlln6k8jy32k6xvagmtqx3zhsndchcey8gjyectwldk88sq5kv0n )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/8ATl3sU9E8ysM6ztEeX9


US Government Fiscal Collapse Accelerates with Peter St Onge ( nostr:npub1xr4duv928lxxkl8ease7elutw77zmagph387az2fcg5clr2e43zq6sf6z3 )

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/EMh5Eap5iHzs7Um3bgFv


I really think people have misunderstood the key limitations that led gold to be so completely captured.

It’s about SCALE of value transfer, not simply that it’s centralized into custodians. The larger the scale, the MORE captured gold is, rather than less. Moving $200 of gold is easy. Moving $2 Trillion is practically impossible. Entire countries neither hold nor settle their own, physical gold during deals.

This is perfectly opposite for bitcoin. The larger the amount the easier. The larger the amount the cheaper and move important and more astonishingly unique the degree of control and ability to safeguard, fine grain control and time for certain actions, to build vaults, to distribute politically, and 1,000 other options can exist to protect and remove trust in EVERY transaction of value above $1 million.

Sure we want this to be given to everybody, but the idea that a small country and stick the middle finger to a large one and keep their capital perfectly safe, is a world shattering shift in the power dynamic.

And there is no central bank in the world that can maintain interest rate manipulation against the market if $1 trillion in value can leave the country in under 10 minutes.

To add to this, it’s a permissionless and open network. In other words, ANY solution, or tool, or protocol we want to run on top of it, it doesn’t matter who has what coins, in which custodians, under what jurisdiction, they still can stop no one from launching their own system payment or cryptographic tool to solve whatever problem they seek.

What happened to gold will not come close to happening with #Bitcoin, even in the worst case scenario.

Whatever a Bitcoin “captured” world would look like, if things decentralize and we get trusted custodians as the dominant platforms and all that re-centralization that we got with the web… it STILL will be orders of magnitude superior to the fiat world we are currently in because even if it *fails* to conquer our entire vision, bitcoin still solves some of the most critical issues of gold merely as a global digital, permissionless currency backing, perfect collateral, and censorship resistant SoV.

IMO, it will be revolutionary no matter what. It is up to us *how* revolutionary we want it to be.

I dig more deeply into those key differences in this show if interested:
https://fountain.fm/episode/ZBlS2FEz5lCWlQQeSG5K


The Fed has created its own narrative for far too long.

Now it's our turn.

Help us bring this documentary to the masses.

Donate: https://mises.org/giving/federal-reserve-documentary-eblasts

https://video.nostr.build/fa7815f9062564a994d4b3ab631c33509c7bf3f3230f86affe0b81fb4c719d78.mp4


Saylor also advocates for protocol ossification.

Please stop simping.

nostr:nevent1qqsfw5g7dp7ef6q8y0unnzlvwrwdztpenld2eaeqv6m3yyaastey64cpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzyqzvj9w6alhrsvtl5u6ygjkwuwg2sf5lukqskgjpuhnd6dpal0kvjqcyqqqqqqg6cfyp3


Rothbard's The Progressive Era, with Patrick Newman

nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak
🤙

https://fountain.fm/episode/spOozbyXYlXZGIv4lZ3c


Bitcoin Audible Read_812 - Congress is Criminalizing Privacy ( nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/wom4W3UNQI6KYjgcszMD


Covenants generally and LNHANCE / CTV specifically


See things as they are and not as you'd like them to be.

nostr:npub1su60ga79paqea8kgkp52qeq4eduhtexc957m8utg4704xddprf4szmsu60

https://image.nostr.build/0e9c3455ed1f76f19402935f5d9419c280c6bbbacb79477ae557b41939232e1d.jpg
https://image.nostr.build/bf2bd570b75eb45b7b50880bc5a22de2b2f9cd07b139b5de9797899ef410383c.jpg


Why We Must Upgrade Bitcoin with nostr:npub1q5un2zq6d93ygesrg3rwmgehfkg9v5kah7pp0jy8pqvzdparxpnqkk6dh3

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🤙

https://fountain.fm/episode/6ui2qsJOr8Y6CzelTFQk


All you ever wanted to know about splicing... nostr:npub18hwpk5qep3ptnmzatq22ptwr9mth7ccrku56rdntwpxjxlkfyr2qrav8du joined nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 and me again this week to explain all about it.

I also provide a brief update on the Tornado Cash trial (ep. 69) and provide a hot take on the recent op_return block gravity by MARA (how it might relate to ep. 84).
https://bitcoinexplainedpodcast.com/@nado/episodes/episode-91-splicing-qh8g9


If there is not equality of outcomes among people born to the same parents and raised under the same roof, why should equality of outcomes be expected — or assumed — when conditions are not nearly so comparable?

~ Thomas Sowell


Any alleged ‘right’ of one man, which necessitates the violation of the rights of another, is not and cannot be a right.

— Ayn Rand


Chocolate strawberry ice cream birthday cake

#food
#bake
#cake
#chocolate
#birthday
 https://image.nostr.build/0537bb1edd76d538a336108ec45c85d90469779c8b6a9549dbed6bb77fb91e12.jpg


The welfare of humanity is always the alibi of tyrants.

~ Albert Camus


The real question is whether the ‘brighter future’ is always so distant. What if it has been here for a long time already – and only our own blindness and weakness have prevented us from seeing it around us and within us, and kept us from developing it.

- Vaclav Havel


nostr:npub18mmjwlwqsuxgcp7lpmnxs2vjsvq7h9tc2u26zncr9t99xjrzhtsqwx4vcz https://image.nostr.build/d25c01e7d672b9c3f25177235f7fe9687b12cdaa3bb730c4ceaa422e63161282.jpg


How inflation affects food prices | Tuttle Twins

 https://video.nostr.build/1be8e2025b69eed8306404411ebb75ef202d60efe3b5e4a266fc23e419f36db3.mp4


mises.org: The Intellectual Humility of the Spontaneous Order -- https://tinyurl.com/2dhelbxs -- F.A. Hayek coined the term spontaneous order to point out that the prosperous societies are also societies where people are free to pursue their own goals. The result is, ironically, harmony that cannot come about through central state planning. #liberty #news


Bitcoin Audible Read_811 - Speaking Freely by nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/iKJ9O0CtOyYmxt8yxom0


Making the Case for Private Law and Defense From Scratch

https://youtu.be/SQsObJlzI2U

https://fountain.fm/episode/oY1FjPawqF5A1lfERHt1


We should strive for the separation of Money and State, rather than pursuing better money for the State.

nostr:nevent1qqspqw6a94kcjuv3kpvhsyy949dt6r6k2he53xucfxpgzc4ws9mr8vqpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzql9xd4qkdvt02jsks6qerwsuvwr2janzfarrfuufdkdkws9r3r9rqvzqqqqqqyjxhygg


Government regulation and intervention in the market create opportunities for politicians to extract benefits from businesses, thereby leading to corruption.

The state has a monopoly on the use of force, which enables it to impose regulations and laws on businesses. These regulations can create barriers to entry, restrict competition, and protect incumbent firms, all of which benefit established corporations at the expense of consumers and new entrants. In order to gain favorable treatment or avoid punitive measures, corporations may feel compelled to make campaign contributions, hire lobbyists, or provide other incentives to politicians. This creates a system of crony capitalism, where politically connected businesses are able to secure advantages over their competitors through influence peddling rather than through superior products or services.

While corporations may indeed engage in corrupt practices, the root cause of the problem lies in the coercive nature of the state and its ability to regulate the economy. By creating a system of privilege and protectionism, the political class invites corruption and undermines the functioning of markets. We must advocate for the complete abolition of the state and the establishment of voluntary, competitive systems for resolving disputes and protecting property rights, which would minimize opportunities for corruption and lead to more efficient and just outcomes.

https://image.nostr.build/e948dd717eabb8164e80837e74d96fd60ba0e84d02dccf6f375f79f812296df4.jpg


Self-ownership is the cornerstone of freedom; without it, every other liberty we cherish begins to crumble.


The insights of methodological individualism and subjective valuation remind us to place the individual at the forefront of our analysis and to respect the diversity of human experiences and preferences. Moreover, the role of prices in coordinating economic activity highlights the importance of allowing markets to function freely, unencumbered by government intervention.

nostr:nevent1qqsgdv7fwteefzm3p9t8ygrpe99sd3lr28q5rz209g39pw5sv6qd80qpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqg85kc75


"the recognition of the insuperable limits to his knowledge ought indeed to teach the student of society a lesson of humility which should guard him against becoming an accomplice in men’s fatal striving to control society."

nostr:nevent1qqsgdv7fwteefzm3p9t8ygrpe99sd3lr28q5rz209g39pw5sv6qd80qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqyfg7kcp


The concept of spontaneous order highlights the fascinating phenomenon in which complex patterns and structures emerge from the interactions of numerous individuals, without being orchestrated by a central authority or designer. This idea posits that decentralized decision-making, rather than top-down control, plays a crucial role in shaping social and economic phenomena. As Friedrich von Hayek astutely observed, “The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design.”

At its foundation, spontaneous order is not merely a theoretical construct but a philosophical perspective that emphasizes the importance of humility in understanding human affairs. Recognizing the limitations of human knowledge and cognitive abilities, spontaneous order acknowledges that it is impossible to fully comprehend or direct the intricate nature of social interactions. Instead, spontaneous order arises from the cumulative actions of individuals reacting to incentives and expressing their personal preferences within a framework of well-defined property rights.

nostr:nevent1qqsgdv7fwteefzm3p9t8ygrpe99sd3lr28q5rz209g39pw5sv6qd80qpzpmhxue69uh5ummnw3ezuamfdejsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqsflvu69


The market process is an operational choreography too vast for any single mind to comprehend fully. Yet this incomprehensibly complex order unfurls spontaneously from the invisible hand of decentralized social cooperation among countless free individuals. To insist on a central plan is to abandon the very concept of the spontaneous order that arises from human liberty.

nostr:nevent1qqsgdv7fwteefzm3p9t8ygrpe99sd3lr28q5rz209g39pw5sv6qd80qpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqg85kc75


Statists demand that proponents of the free market explain in painstaking detail how every conceivable service would be provided without the heavy hand of government coercion. How would law be administered? How would security be maintained? How would charity and education function? And of course, the tiresome refrain—who will build the roads? While Austrian economists have offered satisfactory answers to these questions, entertaining them may project a fundamental misunderstanding of the nature of the free market itself.

The Austrian insight into spontaneous order transcends the realm of mere economic theory, representing a profound epistemological paradigm shift. It rejects the hubristic notion that human reason can fully comprehend, let alone control, the complexities of social cooperation. It is a worldview rooted in reverence for individual liberty as the indispensable catalyst for the wondrous emergence of spontaneous order in society.

nostr:nevent1qqsgdv7fwteefzm3p9t8ygrpe99sd3lr28q5rz209g39pw5sv6qd80qpzpmhxue69uh5ummnw3ezuamfdejsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqsflvu69


The Intellectual Humility of the Spontaneous Order

My latest from Mises

https://mises.org/mises-wire/intellectual-humility-spontaneous-order


Oatmeal Chocolate Chip Cookies 🍪

#bake
#food
#cookie
#chocolate

https://image.nostr.build/20b86d31cec800f399468f6470d8b7114676a5889544699c01f15af87fa139cd.jpg https://image.nostr.build/3a108a18c0709241019fc4fecd6a62d9e9216d0590522ff4aaed55b7949b426e.jpg


nostr:npub12qz56plzehejkyp4waaannmnny4y4c30j8q55a3wlk49haslga2snypdx8
https://image.nostr.build/9577082ed5c538a9f53b21bfe4c81215b3d43cc437fa01d3e77d347310246bf7.jpg


What's the best Halving F.U.D.?


Domestic Imperialism w/ Keith Knight & Dave Smith

https://fountain.fm/episode/b8BcWfAhWShLRKryc0OB


The Economics of Generosity and Charity

https://fountain.fm/episode/QXDr9qLdCfVnOsKiSB4k


nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv
https://image.nostr.build/010f655400dde7bdebc09c5111a6cfdd5bd994c419c931ad8375807f1a961a26.jpg


Bitcoin Audible Chat_095 - The Fall of the Fiat Empires with nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z Pysh

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/7WLwHEDi8rlaF2qInWeM


Nothing stops this train - nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a

https://image.nostr.build/20f68285a3c5a45a65ca344290fbb67748386a2d7793f30c89b684c6aa0e2a12.jpg


America's Fiscal Collapse Accelerates | nostr:npub1xr4duv928lxxkl8ease7elutw77zmagph387az2fcg5clr2e43zq6sf6z3

Every fiscal trend is in the wrong direction. We're already at $2 trillion deficit, it will soar by trillions when recession hits.

And it will keep churning with social security, Medicare, and spending on everything from illegal immigrants to fresh wars.

At this point, there is nothing standing between us and fiscal collapse. The only question is when.

https://mises.org/mises-wire/americas-fiscal-collapse-accelerates


nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's Take_082 - Fiat Replacement Theory

https://fountain.fm/episode/i5O2HnxvjU0cvSU3qUl2


For Socialists, It Doesn't Matter if Socialism "Works." What Matters Is Power.

Other than stripping the ethics, morality, and all humanity from human action; whether it “works” can never be resolved, just deliberated ad infinitum, making it ideal mainstream media fodder. Under any legitimate scrutiny, it collapses under its own haughty intellectual weight because there’s something missing at its foundation; fundamental principles that can be ascertained as self-evidently true or not.

To go after socialism, you must aim for its fundamental principles. And what are some of those?

Rooted in collectivism – no individual is of material importance, only society as a whole. Any number of individual needs, preferences, and lives can and should be sacrificed for the good of the collective.

Absence of a market – production and trade operate by the will of central planners, not economic actors. What gets made, in what quantity, and for what use is not determined by consumer demand or the profit motive, but by top-down calculations. Based on what? Such questions will not be tolerated. Now, get in the bread line! Which brings us to…

Necessitates a totalitarian state – This centralization of economy requires such thorough micromanagement of human action that monitoring, espionage, harassment, and stiff penalties for violators (for starters) must become features of the landscape. Some adherents claim that state control, and the state itself, will one day become unnecessary under socialism, once the people fall in line (read are beaten into submission). But, like the arrival of universal abundance, that day never seems to come. More on this momentarily…

This argument may not be perfect, but notice the differences between this and where we started. These premises are axiomatically integral to socialism. No experience, experimentation, or research is required to bear them out. No statistical data is going to come along and change them. These aren’t ends, which cannot be conclusively known at the outset of any initiative (if they ever can at all). These are means, which are known, instantly and to a certainty, as they effectively become the material conditions of life in the given society. Economics is a journey, not a destination, so those someday promises of wealth and statelessness in exchange for your present suffering mean nothing from the man prodding you with the rifle.

Now a REAL debate begins.

The socialist must be prepared to defend all of the items above, at least. Any claim against the necessity of these factors can be gleefully met with, “then that’s not real socialism!” If they prefer their ideologies a la carte, by plucking the “good bits” of socialism and discarding the gulags and mass graves; then they’re arguing for something else entirely, a mixed economy, the polluting of the market with some degree of the above tenets.

Do the Horsemen’s graphs and data have any validity? Sure, as persuasive support. But they cannot BE your argument. That must come from First Principles, e.g. freedom, property, and individual sovereignty. These are all that matter. To subordinate them to numbers and stats is to discount them entirely.

So, when it comes to socialism; stop saying it doesn’t work, stop calling it a perfect idea on paper that falters in implementation, and stop dignifying its adherents with “noble intentions.” Give it its intellectual due, then you can call it what it is; an evil concept on its face that has no place among the human species.

https://mises.org/mises-wire/socialists-it-doesnt-matter-if-socialism-works-what-matters-power

https://fountain.fm/episode/8FUlDfb0ruZTHdNSIzth


Stay humble, stack sats, and come out to our next Socratic Seminar
 on Tuesday, April 23rd.

https://www.flockstr.com/event/naddr1qqyxxdpsvsux2vf3qgs9l27tukvd7q0q7hpycyrcpl5qwknrkg3my49g97rchfq9aatqqrcrqsqqql9nfu5dla

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


This ☝ is not nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a


Ryan McMaken on the History and Benefits of Secession

https://fountain.fm/episode/Ho9i0OOIbiYKh6D9s6Bg


The institution of a State is praxeologically incompatible with private property and private property based enterprise.

~ Hans Herman Hoppe


The Specter Of Hyperinflation Looms Over The Economy

nostr:nevent1qqsvg803a9tcla3056wxk2gqgyecmfxgektdzutcr6tflgtv9kmk7tspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxfqvzqqqqqqye842ck

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzpmhxue69uh5ummnw3ezuamfdejsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqsm8vpnv


The Specter Of Hyperinflation Loomns Over The Economy

nostr:nevent1qqsvg803a9tcla3056wxk2gqgyecmfxgektdzutcr6tflgtv9kmk7tspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxfqvzqqqqqqye842ck

nostr:nevent1qqsyygkn7fwut3dwjej72p0d8kuqm0yhfjsz2zywy43rcgsuv5ldvxqpzpmhxue69uh5ummnw3ezuamfdejsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqsm8vpnv


nostr:npub1p3pgz7wjze62v0rl7gg0e52fmlmazhl58v704dj8xrzr2cptmdgqruv3km
https://image.nostr.build/f6b7ee2385e13da2b684b26e20c45ab06dc455fe884d7d1970c440f38509ad0c.jpg


Bitcoin Audible Read_810 - Censorship in America

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/CpHLCBDeCon2LHd1ZqDS


For Easter, carrot cake cinnamon rolls with cream cheese frosting #foodstr #baking https://image.nostr.build/b3df8074ca9f9d7ba143d489af7c4536f3fed0bfd08bebf4b017efa15f86b178.jpg


On the nature of power

https://video.nostr.build/3c7ba0b8ffb7ca1822851d1b1d92e6ac3fdb0e3368420436dc3acf4f2f6a975b.mp4


A tax-funded protection agency is a contradiction in terms. That is, it is an expropriating property protector.

~ Hans Herman Hoppe


Personal pizzas from scratch 👩🍳🤌

#food
#bake
#pizza

https://image.nostr.build/54a7eec8a4e1d1f8ced8ba48763b523927961f95569ac74538007b04eec39ad9.jpg https://image.nostr.build/9f3f1b8c84b6ac6540c93fab53ea2acd1e63437cd62dc9e5a6d2b006dcec7115.jpg


We shape clay into a pot, but it is the emptiness inside that holds whatever we want

nostr:nevent1qqsq8s82pwu6r4k0eeuqnuxhc6sp35wz6k7wvxfmwx8u7waahsh9v7qpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzyqsd9xqs66jlj2cytt0q96a6mjgrd46pe35xkqzpt3ptggm0ujkj7qcyqqqqqqgu532h0


The fallacy of the broken window is the failure to take opportunity costs into account. The opportunity cost of the glazier's good luck is whatever products or services the shopkeeper could have purchased.

https://image.nostr.build/1dbf1f54356ddd34fca7844107ddcd476b90823662321bd9540b3dfd2705e9b2.jpg


What distinguishes man from animals is the insight into the advantages that can be derived from cooperation under the division of labor. Man curbs his innate instinct of aggression in order to cooperate with other human beings. The more he wants to improve his material well-being, the more he must expand the system of the division of labor.

-Human Action, p. 827; p. 831

nostr:nevent1qqsf8ujpm3fcpd0d06hjtn8dz7vy8xqpcr3uule39dvq9mcsv62zvcqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqgs964yyepyk02krnpkd2y403hxa2fpn6zgp4kamty3kqyvgg2p658srqsqqqqqpm344ev


Mises
https://image.nostr.build/368fbf91fd6f5544bb738b7d3c97a8e7f190a439952fdff6504c5141acad7f52.jpg


If anarchists are idealists, they may simply be likened to someone who finds himself swimming in a cesspool and, rather than paddling about looking for the area with the least amount of floating faeces, seeks to climb out of the pool completely.

- Robert Higgs


my latest piece…
The Age of Fiat II https://image.nostr.build/ff0dd9f5b8e1380013dd6dcd0c1ca64276a13c5b15dffd6abc140825d5e3310c.jpg


Wages and salaries serve the same economic function as other prices that is, they guide the utilization of scarce resources which have alternative uses, so that each resource gets used where it is most valued. Yet because these scarce resources are human beings, we tend to look on wages and salaries differently from the way we look on prices paid for other inputs into the production process. Often we ask questions that are emotionally powerful, even if they are logically meaningless and wholly undefined. For example: Are the wages "fair"? Are the workers "exploited"? Is this "a living wage"?

No one likes to see fellow human beings living in poverty and squalor, and many are prepared to do something about it, as shown by the vast billions of dollars that are donated to a wide range of charities every year, on top of the additional billions spent by governments in an attempt to better the condition of poor people. These socially important activities occur alongside an economy coordinated by prices, but the two things serve different purposes. Attempts to make prices, including the prices of people's labor and talents, be something other than signals to guide resources to their most valued uses make those prices less effective for their basic purpose, on which the prosperity of the whole society depends. Ultimately, it is economic prosperity which makes it possible for billions of dollars to be devoted to helping the less fortunate.

~ Thomas Sowell


Ultimately, the central bank's decision to stop purchasing government debt likely stems from its mandates around economic stability and price levels. However, by stopping debt monetization, the central bank allows suppressed market forces to re-emerge, bursting asset bubbles inflated by artificial credit. This unavoidable recession purges prior monetary distortions.

The central bank then faces a choice: accept the painful but necessary recession to restructure resources toward sustainable uses, or risk reigniting the boom-bust cycle by resuming easy money policies, delaying the reckoning but inevitably fueling higher inflation. The choice is either short-term pain to cleanse imbalances, or perpetuating distortions until they manifest as a graver predicament.


"Today, all over the world, but first of all in the United States, hosts of statisticians are busy in institutes devoted to what people believe is “economic research.” They collect figures provided by governments and various business units, rearrange, readjust, and reprint them, compute averages and draw charts. They surmise that they are thereby “measuring” mankind’s “behavior” and that there is no difference worth mentioning between their methods of investigation and those applied in the laboratories of physical, chemical, and biological research. They look with pity and contempt upon those economists who, as they say, like the botanists of “antiquity,” rely upon “much speculative thinking” instead of upon “experiments.” And they are fully convinced that out of their restless exertion there will one day emerge final and complete knowledge that will enable the planning authority of the future to make all people perfectly happy"

~ Mises


No direct quotes come to mind. There are definitely some parallels, with the key difference being that the government can always issue more debt. So instead of a direct default they can have a "soft" default through hyperinflation and the collapse of the money.


See the irony? https://image.nostr.build/fdfbea753b6df371209edfa4b346782b610af02ad271849aba2f3ab282f27e01.jpg


Bitcoin Audible Chat_094 - Pessimism, Optimism, & Rationally Passionate Ranting with Clint Russell

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/EZG1uUcwjMv6KyTCGKzQ


How pissed off is nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx?

Title for the next nostr:npub10uthwp4ddc9w5adfuv69m8la4enkwma07fymuetmt93htcww6wgs55xdlq :

"Matt Gets His Blue Check" 🤣
 https://image.nostr.build/b97400fe059ba05fa432d18f7ae2adf2a5c27fb9b751e8e0f6433cde6cab6b43.jpg


As the price rises and demand for blockspace increases, individuals will need to rely on exchanges or custodians for longer periods before being able to take self-custody. Eventually, an inflection point will be reached where self-custody becomes economically prohibitive for most individuals.

Unless consensus changes are made, this is the path forward.


nostr:npub14uhkst639zvc2trx2nlsvk4yqkjp690zk89keytnzgmq2az0qmnq58ez89 https://image.nostr.build/eef9fef2ef54d8f23dc1d99255930f546b116a4d05a145624877b1a945569be8.jpg


GM ☕

Everything Voluntary ✌


MAKE EVERY ZAP A FUCK YOU TO THE STATE

GM


The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum — even encourage the more critical and dissident views. That gives people the sense that there's free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate.

~ Noam Chomsky


nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv
https://image.nostr.build/fd089222fd23124a648c52498be0ddb76d60a4430a816e364ece95160d7ddf04.jpg


 Open Source Al ls Winning with nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8

nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy
🤙

https://fountain.fm/episode/f6K71vHLaqp693Kvj3tz


🤝

"When greed operates outside the bounds of ethical principles and voluntary exchange, it poses a significant threat to the fundamental principles that underpin a free market system."


"It’s true: greed has had a very bad press. I frankly don’t see anything wrong with greed. I think that the people who are always attacking greed would be more consistent with their position if they refused their next salary increase. I don’t see even the most Left-Wing scholar in this country scornfully burning his salary check. In other words, “greed” simply means that you are trying to relieve the nature-given scarcity that man was born with. Greed will continue until the Garden of Eden arrives, when everything is superabundant, and we don’t have to worry about economics at all. We haven’t of course reached that point yet; we haven’t reached the point where everybody is burning his salary increases, or salary checks in general."

https://mises.org/mises-wire/unleashing-power-greed-how-free-market-propels-progress


Bitcoin Audible Read_809 - Bitter Opposition to Bitcoin

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/DN0zPzXFteJJZcCT4YZZ


The Case for Secession: How Breaking Away Maximizes Liberty | Ryan McMaken

https://youtu.be/vAmXmV9g_cg


nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv
https://image.nostr.build/bb0c48c7dc695ed16bbdfc570db7ea336eb1a48096270a6ced826d1934f9ba20.jpg


CITADEL DISPATCH 120: BITCOIN POWERED CHAUMIAN ECASH WITH CALLE -  nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg

https://m.primal.net/HmIa.mp4


BREAKING: Julian Assange Granted Right to Fight Extradition to US

"The court ruled that Assange could pursue his appeal at a full hearing, unless the US provided “satisfactory assurances” on the questions of whether he was able to rely on the First Amendment of the US Constitution and whether he could be subject to the death penalty."

https://www.nobsbitcoin.com/julian-assange-wins-right-to-full-appeal/


The world is full of magical things patiently waiting for our wits to grow sharper.

- Bertrand Russell


Remember it's gonna be a bumpy ride.

"What would it seem like if it did seem like a global, digital, sound, open source, programmable money was monetizing from absolute zero" - nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt

https://i.nostr.build/6GR9v.jpg


"You have to decide how to move forward. You have to decide what game you want to play; how much responsibility you are willing to shoulder. Do you want to stay stuck in the machine? A machine that uses and abuses you? A machine that feeds itself by extracting and devouring your time, attention, and value? Or do you have the courage to take control of your wealth, health, thoughts, and speech?

Nobody can make this decision for you. It starts and ends with you."

nostr:nevent1qqsgxkedypdph5sw0vemuqlhsxe5u0g428v48d09v5l6yngpwj0dtscpzpmhxue69uh5ummnw3ezuamfdejsygrwg6zz9hahfftnsup23q3mnv5pdz46hpj4l2ktdpfu6rhpthhwjvpsgqqqqqqsnhg74z


Mastering others is strength. Mastering yourself is true power. https://video.nostr.build/f3ffe4c924dd4773896e25901eb19303ebc99ef2a5a3adda4e7aa86b4f0dd945.mp4


Plant seeds for shade you will never sit in.

nostr:nevent1qqsdamv3nd8drznfn0fz0lt9zaxrfysqczfl6zw5d6q58kdg5su32fspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzpjd3nl7dg0n2tu3m85n3qm8pne9d9hufhggrrh2xzlcmty0ppzt9qvzqqqqqqya55d3l

https://www.lewrockwell.com/2024/03/no_author/the-ground-is-fertile-for-the-seeds-of-liberty/


But then finally the masses wake up. They become suddenly aware of the fact that inflation is a deliberate policy and will go on endlessly. A breakdown occurs. The crack-up boom appears. Everybody is anxious to swap his money against 'real' goods, no matter whether he needs them or not, no matter how much money he has to pay for them.

https://image.nostr.build/978d5db06f9dbfd944f2ff9b69d367a228ad4938d470c5a71a93cc729ad9637f.jpg


Because Bitcoin is honest money it is only disliked by dishonest men.


Once the premise of government is accepted, liberals are left without argument when socialists pursue this premise to its logical end. If monopoly is just, then centralization is just. If taxation is just, then more taxation is also just.

~ Hans Herman Hoppe


Political tags - such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth - are never basic criteria.

The human race divides politically into those who want people to be controlled and those who have no such desire.

- Robert A. Heinlein


Odell is negative 2M.

C'mon now Marty
 https://image.nostr.build/f2588df97ef28bb50aae01a8a8558428a927c7ca773dc4480f84fdca4e187ae4.jpg


I feel like the most generous zapper would be Zap negative (send more than receive) at the very least.

Time to zap those 2M sats to the plebs Marty 😁

nostr:nevent1qqs2zkqs3d48ej4k7hr8tkcc4efanathz904yl55r78xpgvrtkqfljcpr3mhxue69uhhyetvv9ujumt4w35ku7thv9kxcet59e3k7mgzyprj73q098hejm5j5xrt35eqluvqep2eqwyzukw4phsm302kdycpuqcyqqqqqqgaxm340


Good morning ☕

Here are discussion topics for next Tuesday!

https://github.com/MilwaukeeBitcoinMeetup/Milwaukee-Bitcoin-Meetup/issues/5


During all eras, scarcity implies that resources must be taken from some in order to go to others, if new products and new methods of production are to raise living standards.

It is hard to know how industry in general could have gotten the millions of workers that they added during the twentieth century, whose output contributed to dramatically rising standards of living for the public at large, without the much-lamented decline in the number of farms and farm workers that took place during that same century. Few individuals or businesses are going to want to give up what they have been used to doing, especially if they have been successful at it, for the greater good of society as a whole. But, in one way or another -- under any economic or political system -- they are going to have to be forced to relinquish resources and change what they themselves are doing, if rising standards of living are to be achieved and sustained.

The financial pressures of the free market are just one of the ways in which this can be done. Kings or commissars could instead simply order individuals and enterprises to change from doing A to doing B. No doubt other ways of shifting resources from one producer to another are possible, with varying degrees of effectiveness and efficiency. What is crucial, however, is that it must be done. Put differently, the fact that some people, regions, or industries are being "left behind" or are not getting their "fair share" of the general prosperity is not necessarily a problem with a political solution, as abundant as such proposed solutions may be, especially during election years.

However more pleasant and uncomplicated life might be if all sectors of the economy grew simultaneously at the same lockstep pace, that has never been the reality in any changing economy. When and where new technologies and new methods of organizing or financing production will appear cannot be predicted. To know what the new discoveries were going to be would be to make the discoveries before the discoveries were made. It is a contradiction in terms.

~ Thomas Sowell


Many people who appreciate the prosperity created by market economies may nevertheless lament the fact that particular individuals, groups, industries, or regions of the country do not share fully in the general economic advances, and some may even be worse off than before. Political leaders or candidates are especially likely to deplore the inequity of it all and to propose various government "solutions" to "correct" the situation.

Whatever the merits or demerits of various political proposals, what must be kept in mind when evaluating them is that the good fortunes and misfortunes of different sectors of the economy may be closely related as cause and effect -- and that preventing bad effects can prevent good effects. It was not coincidental that Smith Corona began losing millions of dollars a year on its typewriters when Dell began making millions on its computers. Computers were replacing type-writers. Nor was it coincidental that sales of film began declining with the rise of digital cameras. The fact that scarce resources have alternative uses implies that some enterprises must lose their ability to use those resources, in order that others can gain the ability to use them.

~ Thomas Sowell


"anonymous payments in cryptocurrencies to wallets operated by providers (hosted wallets) will be prohibited even for minimum amounts without a threshold."

nostr:nevent1qqst2we3p2nmwam28wfhc5mp2u9yalj5zk7we5g0l6ll6fy7pdv6aeqpz3mhxue69uhkummnw3ezummcw3ezuer9wcpzq2hsrcxkh5delwu784p32ltyty8mylw0hj479puy5kpju9a7lwrmqvzqqqqqqytj5d6v


What is called "capitalism" might more accurately be called consumerism. It is the consumers who call the tune, and those capitalists who want to remain capitalists have to learn to dance to it. The twentieth century began with high hopes for replacing the competition of the marketplace by a more efficient and more humane economy, planned and controlled by government in the interests of the people. However, by the end of that century, all such efforts were so thoroughly discredited by their actual results, in countries around the world, that even most communist nations abandoned central planning, while socialist governments in democratic countries began selling off government-run enterprises, whose chronic losses had been a heavy burden to the taxpayers.

Privatization was embraced as a principle by such conservative governments as those of Prime Minister Margaret Thatcher in Britain and President Ronald Reagan in the United States. But the most decisive evidence for the efficiency of the marketplace was that even socialist and communist governments, led by people who were philosophically opposed to capitalism, turned back towards the free market after seeing what happens when industry and commerce operate without the guidance of prices, profits and losses.

~ Thomas Sowell


nostr:npub1mznweuxrjm423au6gjtlaxmhmjthvv69ru72t335ugyxtygkv3as8q6mak https://image.nostr.build/8a44ee5ae1edb4ad7c06390a557392af620190ae8beffe6a71bdc60737fe8e7c.jpg


nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp
https://image.nostr.build/496ea853174d99cb83ec146339d810a1be7cd4ed5ab7553b257d4b4b0686e108.jpg


One of my favorites https://image.nostr.build/0162abfd486c1cab16b428e6b2ad2ae4ab7a20be7c085f0c61289f8e9127b6df.jpg


🚀BR062 - Sparrow, Mutiny, COLDCARD Q, Bisq, Krux, OP_CAT Vault Prototype + MORE ft. nostr:npub1mxrssnzg8y9zjr6a9g6xqwhxfa23xlvmftluakxqatsrp6ez9gjssu0htc nostr:npub1p4kg8zxukpym3h20erfa3samj00rm2gt4q5wfuyu3tg0x3jg3gesvncxf8 nostr:npub1hea99yd4xt5tjx8jmjvpfz2g5v7nurdqw7ydwst0ww6vw520prnq6fg9v2

Listen to the episode:
Youtube: https://youtu.be/at7eG6KABnU
Fountain: https://tinyurl.com/m4tx784u
Spotify: https://tinyurl.com/2s3w5chv
Google: https://tinyurl.com/4r3tuj2k
Amazon: https://tinyurl.com/3wvu38t6

Full shownotes:
Notes: https://bitcoin.review/podcast/episode-62/
Substack: https://tinyurl.com/4a57pdjk

Paul discusses nostr's potential to bring social network effects to lightning, and how it is allowing for the development of "people oriented wallets". 👆
https://m.primal.net/HlVR.mov


Why We Don't Need Government Funding for "Moonshots"

https://open.spotify.com/episode/3oBmhJHKxkjDYfkc3w8eig


Swapping across Bitcoin, Lightning and Liquid with nostr:npub1c8cp58lhn4vte3q2fejp7luqczx7u0njk5h0p0hry3atflk7g2hqc7xzqk from nostr:npub1psm37hke2pmxzdzraqe3cjmqs28dv77da74pdx8mtn5a0vegtlas9q8970

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/vf7o5biR4YgPxj1e1fZ5


Getting ready to LARP!

Thanks again nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy & nostr:npub1vmpf90hq56wzyxht6teg3llpa74rzcepw9suj5unxl3tph24zd4qgtxhm7

https://image.nostr.build/d7d662c8913177eeaa2a3da6ddadd4776fb3a5ae12b5a0ee973b29f39ab4469b.jpg


Although the functions of a regulatory commission are fairly straightforward in theory, in practice its task is far more complex and, in some respects, impossible. Moreover, the political climate in which regulatory commissions operate often leads to policies and results directly the opposite of what was expected by those who created such commissions.

Ideally, a regulatory commission would set prices where they would have been if there were a competitive marketplace. In practice, there is no way to know what those prices would be. Only the actual functioning of a market itself could reveal such prices, with the less efficient firms being eliminated by bankruptcy and only the most efficient surviving, and their lower prices now being the market prices. No outside observers can know what the most efficient ways of operating a given firm or industry are. Indeed, many managements within an industry discover the hard way that what they thought was the most efficient way to do things was not efficient enough to meet the competition, and have ended up losing customers as a result. The most that a regulatory agency can do is accept what appear to be reasonable production costs and allow the monopoly to make what seems to be a reasonable profit over and above such costs.

~ Thomas Sowell


Thanks for the recommendation 🙏


Covid: Four Years Later

https://open.spotify.com/episode/3lFuoyPemfTcGAF5dUddyi


Looking forward to getting Socratic with everyone in one week!

nostr:nevent1qqsv8r4uvgylcapf559mhzfkk44kyc7edhju9yw3rlsqtlsqnrvevjqpz4mhxue69uhhyetvv9ujuer9v4a8jtnfduhsygzl4097txxlq8s0tsjvzpuql6q8tf3mygaj2j5zlput5sz774sqpupsgqqqqqqsut8ald


CITADEL DISPATCH 119: GOOD MORNING WITH STEVE LEE

https://m.primal.net/HlIZ.mp4


The Secrets of Global Finance Explained with nostr:npub1tccnjexzau3x5ea8c69v047nqfy3xm4w4yl9j788sts0usl87nhsvce6fh

https://fountain.fm/episode/GiPk81Avm7EgrvRbHWtO


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

nostr:nevent1qqs0ardcaue3ad836nly8jqqnhh7x0k3cjjssgdece52dazfn4tf8csprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgst0mtgkp3du662ztj3l4fgts0purksu5fgek5n4vgmg9gt2hkn9lqrqsqqqqqphdgg7n


In a hyperbitcoinized society, individuals are sovereign and free from coercive state control. The traditional notion of citizenship, often equated with being taxed livestock by the State, gives way to voluntary associations formed between consenting parties. Therefore, in place of being "owned" by the State, citizens would instead engage in contractual agreements with private entities or organizations acting as their "custodians." These custodians could provide various public goods and services through market mechanisms rather than forced taxation.

In this system, people can choose which custodial entity best aligns with their values and preferences while retaining their autonomy and property rights. This arrangement fosters competition among service providers, leading to innovation, efficiency, and responsiveness to consumer needs. Ultimately, such decentralized governance structures promote individual liberty, economic prosperity, and social cooperation without compromising on essential communal requirements.


Kick off your shoes. Unburden yourself with song. Tell each other tales. Dance around the table. Leave the cleaning up for the morning. Then go outside and look at the stars.


For those that are new to Nostr, hello!

What’s cool about it is that Nostr it is an open source protocol. It is not a centralized company, but rather is a protocol that individuals and companies can build upon.

This means that you can use many different applications to access it, or even build your own. And it means that there is no central authority that can take down posts or delete accounts; there are different servers operated by different entities that are storing the data. And there is no central algorithm for determining what posts people see or don’t see.

You can hook up a bitcoin lightning wallet to send and receive tips (“zaps”) on posts. Nostr itself is not a blockchain or crypto and has no token, but the Bitcoin blockchain does complement it well via zaps.

Nostr is still relatively small, and a bit rough around the edges. But the community here is great, and familiarizing yourself with the technology and concept is useful in a world of centralized social media. It is a new method of decentralization that balances various trade-offs in a novel way, and the protocol can be used for a lot more than just social media.

Welcome!


The wise man must remember that while he is a descendant of the past, he is a parent of the future.

- Herbert Spencer


Bitcoin Audible Read_807 - A Measure of Sacrifice, Part 2

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/e0cCaiH6XylC7BHK3mfx


It does not matter how slowly you go as long as you do not stop.

nostr:nevent1qqsg7zmd8jpvm0u5xtrljcv6kzwv0gjnemlytmhahddev7kwrjg9nfcprpmhxue69uhkummnw3ezuendwsh8w6t69e3xj730qgsxu35yyt0mwjjh8pcz4zprhxegz69t4wr9t74vk6zne58wzh0waycrqsqqqqqprvr25d


Be the Anarchy you want to see in the world.

Everything Voluntary ✌

nostr:note1up26sjxlejthah4lf0lus2h9lhmyesh28cc9jqq48pymgqgy4u8qvnjc47


The perennial desire to "eliminate the middleman" is perennially thwarted by economic reality. The range of human knowledge and expertise is limited for any given person or for any manageably-sized collection of administrators. Only a certain number of links in the great chain of production and distribution can be mastered and operated efficiently by the same set of people. Beyond some point, there are other people with different skills and experience who can perform the next step in the sequence more cheaply or more effectively -- and, therefore, at that point it pays a firm to sell its output to some other businesses that can carry on the next part of the operation more efficiently. That is because goods tend to flow to their most valued uses in a free market, and goods are more valuable to those who can handle them more efficiently at a given stage.

Thomas Sowell


"The recognition of the insuperable limits to his knowledge ought indeed to teach the student of society a lesson of humility which should guard him against becoming an accomplice in men’s fatal striving to control society..."

— F. A. Hayek


"Horrifying, disturbing precedent being set here that a black-box chain surveillance software can determine if you live life as a free man or a convict." nostr:npub1tr4dstaptd2sp98h7hlysp8qle6mw7wmauhfkgz3rmxdd8ndprusnw2y5g

nostr:nevent1qqsthdw3ndrgnht2z6xthple2etms5cye896ghearkt5l3rr73t5njspz4mhxue69uhhyetvv9ujuer9v4a8jtnfduhsyg9e55m4ywa69lx6aptajrv2wcx7fusnnj0epkvx7aruulgwcrgh85psgqqqqqqs7talx4


Degrowth: How to Make the World Poorer, Polluted and Miserable

https://youtu.be/X8ttoRlV6QA


😅
https://video.nostr.build/350b5ee2f6100daed145057e70e1ad33f04d08415f5bf417f0ec30ddbf1c9d6e.mp4


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_806 - A Measure of Sacrifice, Part 1

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/xfjQYxJAQPXQGbb0ztTi


 nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf was the first guest ever on TFTC. It’s crazy to think how far bitcoin has come since we first sat down at Barstool Sports HQ 2 in late 2017.

Yesterday we caught up to discuss AI, power grids, mining and Elizabeths Warren’s toothless attacks on the industry.

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


I'm not sure there is one.


https://media.tenor.com/Hn4RPDx7TtYAAAAM/joker-the-dark-knight.gif
https://image.nostr.build/e2e0defd7ea48c55010b1f8b983892ef73c74fe1bf90725d4fcb4f300a5c259e.jpg


The next phase of Bitcoin adoption will be evident when bitcoiners shift their focus from advocating for self-custody to explaining why you need to trust a custodian.

 nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8
https://m.primal.net/HjIN.png


Good Morning ☕

nostr:note13s3d9kt3ed4k7849y3udrc9p4xgp86mrf7myxnqhce6ptx53n0jqmutdf0


Hold on, if love is the answer, you're home

https://open.spotify.com/track/3hFObHqnsUQ2PCA2UpVFu8


How crispy did you make it?


vedi le cose come sono e non come vorresti che fossero

nostr:nevent1qqsxvmplgw09q24cu6v7kwuvsfz7pws507urhxx77xan7mjxwv850jqppemhxue69uhkummn9ekx7mp0qgs2jpq4eckty637kyljkm72js3qqcwsca6va3v4vax247zvvm4l9vsrqsqqqqqp0xcqha


Another Reason Why Individual Freedom Is So Much Better than Central Planning

"You will never be able to forcefully plan behavior in a way that maximizes rational collective action. An infringement of agency prevents the development of an individual’s character and capabilities, leading to an unconscious and weakened collective. The more freedom people must seek out through information and making their own choices, the better we can adapt to the fundamental uncertainty of life. This uncertainty requires a differentiated, antifragile approach, something a central planner would not even have the theoretical ability to do, due to their lack of distributed knowledge."

https://mises.org/mises-wire/another-reason-why-individual-freedom-so-much-better-central-planning

https://open.spotify.com/episode/08TOQ1jdOZQ0s5nUFoo9GV


The state of the Bitcoin community in a bull market is such an embarrassment. Principles, and freedom tech all thrown out so that we can simp for the statists and their corrupt financial instruments, all for a few extra digits.

Do better


nostr:npub1v6qjdzkwgaydgxjvlnq7vsqxlwf4h0p4j7pt8ktprajd28r82tvs54nzyr
https://image.nostr.build/181e1d6991396ec506c1d82106fd4b379a5d3a8fe80becbe5be3f473c417559a.jpg


The Fed's Milkshake Brings All the Foreigners to the Yard

https://open.spotify.com/episode/1otgQP5NYdUImNfmXq8WtU


The real Bitcoin bull run doesn't start until nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc publishes 21 Ways.


Thank you Akira Toriyama ✌

https://media.tenor.com/MS2GSZ1R2tMAAAAM/gohan-son.gif


The most valuable economic role of prices is in conveying information about an underlying reality -- while at the same time providing incentives to respond to that reality. Prices, in a sense, can summarize the end results of a complex reality in a simple number.

Thomas Sowell


Great article, I have shared it far and wide.

nostr:nevent1qqs8ntqn2xpd2kfx3hkxdamdjtycm0gynv2fpyndtexxepu9acld09qpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqyla9357


These trying times test the spirit of libertarians. With each ominous headline, the light of liberty seems to dim. Yet we must not lose faith that dawn follows even the darkest night. As Max Planck recognized, old paradigms perish not through persuasion but attrition. True change emerges generationally. The ideologies dominating today will inevitably yield to new “radical” worldviews as their adherents pass on. It is among the disaffected youth, not the established old guard, that the seeds of liberty will find fertile soil. The ground beneath our feet harbors great potential, if we have the wisdom to nurture it.

Rather than battering hardened perspectives, libertarians must engage patiently with coming generations, who face the burdens of our centralized dystopia daily. Their circumstances prime them to seek empowering alternatives that we can thoughtfully cultivate. The decrepit gatekeepers of the status quo lack credibility with today’s youth. Decentralized information and encryption help these digital natives see through narratives and think freely. As the state’s facade cracks, they will build new structures founded upon individual liberty.

The transition may span generations. But if we light the way, leveraging these pivotal historic opportunities, the youth can author a new chapter. One where coercive collectivism finally yields to individual autonomy, respect for property rights, and free and open markets. Have hope. The future is uncharted territory, ours to cultivate. Plant seeds of liberty among those seeking change. Help them envision freedom’s promise, even if we may never fully taste its fruits. We must find solace in knowing our efforts today will yield a harvest of prosperity for generations to come. It is a profound privilege to till the soil so our children may flourish. The seeds we sow now will reap liberation.

nostr:nevent1qqsv4837j0pevjtgasx0qexw58vtpv435qwspell04pynd4zs8arz9cpz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqh25snyyjea2cwvxe4gj47xum4fyx0gfqxkmhdvjxcq33ppg82s7qvzqqqqqqyv2vrpc


While systemic causation in a free market is in one sense impersonal, in the sense that its outcomes are not specifically predetermined by any given person, "the market" is ultimately a way by which many people's individual personal desires are reconciled with those of other people. Too often a false contrast is made between the impersonal marketplace and the supposedly compassionate policies of various government programs. But both systems face the same scarcity of resources and both systems make choices within the constraints of that scarcity. The difference is that one system involves each individual making choices for himself or herself, while the other system involves a small number of people making choices for millions of others.

The mechanisms of the market are impersonal but the choices made by individuals are as personal as choices made anywhere else. It may be fashionable for journalists to refer to "the whim of the marketplace," as if that were something different from the desires of people, just as it was once fashionable to advocate "production for use, rather than profit"-- as if profits could be made by producing things that people cannot use or do not want to use. The real contrast is between choices made by individuals for themselves and choices made for them by others who presume to define what these individuals "really" need.

Thomas Sowell


Encryption offers individuals a lifeline of liberty amidst states seeking domination through information control. By securing communications and transactions, encryption allows the free exchange of information beyond the watchful eye of surveillance. Diverse perspectives flourish, unchecked by censorship and unimpeded by monitoring.

This proliferation of encryption eats away at the state’s monopoly over narratives and discourse. Empowered citizens can probe truth without fear, evaluate arguments on their merits, and draw independent conclusions. The decentralization of knowledge denies authorities their long-held power to shape consensus through monopolizing information.

When speech flows freely, uninhibited by prying eyes or coercive agendas, a pluralism of thought emerges organically. Censorship yields to critical thinking, dogma gives way to nuance. By shielding private communication through impenetrable cryptography, we secure not just individual liberty but the foundations of a free society. The truth shall not perish under the boot of surveillance states. Encryption will preserve open inquiry long after the authoritarian impulse has collapsed into the dustbin of history.

nostr:nevent1qqsv4837j0pevjtgasx0qexw58vtpv435qwspell04pynd4zs8arz9cpz4mhxue69uhhyetvv9ujuer9v4a8jtnfduhsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqshtz4l0


nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's  Take_081 - Fiat Materialism

https://fountain.fm/episode/kAvUVbFWGu1MFmsv4U7B


You cannot reason people out of something they were not reasoned into.


"The intellectual and media elite, long complicit in reinforcing state-sanctioned narratives, face a reckoning in today’s digital information landscape. Their increasingly heavy-handed efforts to shape public discourse ring hollow as their credibility wanes under the weight of their own propaganda. While these gatekeepers of old warn about the dangers of “disinformation,” they find themselves stranded by the tides of technological innovation."

nostr:nevent1qqsv4837j0pevjtgasx0qexw58vtpv435qwspell04pynd4zs8arz9cpzamhxue69uhhyetvv9ujucm4wfex2mn59en8j6gzypw4fpxgf9n64sucdn239tudeh2jgv7sjqddhw6eydsprzzzsw4puqcyqqqqqqgskxcgp


Although the basic principles of economics are not really complicated, the very ease with which they can be learned also makes them easy to dismiss as "simplistic" by those who do not want to accept analyses which contradict some of their cherished beliefs. Evasions of the obvious are often far more complicated than the plain facts. Nor is it automatically true that complex effects must have complex causes. The ramifications of something very simple can become enormously complex. For example, the simple fact that the earth is tilted on its axis causes innumerable very complex reactions in plants, animals, and people, as well as in such non-living things as ocean currents, weather changes and changes in the length of night and day.

Thomas Sowell


Many of the basic principles of economics may seem obvious but the implications to be drawn from them are not -- and it is the implications that matter. Someone once pointed out that Newton was not the first man who saw an apple fall. His fame was based on his being the first to understand its implications.

Thomas Sowell


This is great read. We are going to win. nostr:note1e20ray7rjeyk3mqv7pjvagwckzetrgqaqrnl7l2zfxm29q06xytsd6hm2c


"Rather than futilely attempting to sway ossified convictions through traditional means, perhaps the crux lies in cultivating relationships with younger cohorts who shoulder the burdens of intergenerational debt and systemic failures. It is among these individuals of tomorrow, burdened yet brimming with potential, that the seeds of liberty may find fertile ground for growth and eventual fruition."

nostr:nevent1qqsv4837j0pevjtgasx0qexw58vtpv435qwspell04pynd4zs8arz9cpz4mhxue69uhhyetvv9ujuer9v4a8jtnfduhsygza2jzvsjt84tpesmx4z2hcmnw4yseapyq6mwa4jgmqzxyy9qa2rcpsgqqqqqqshtz4l0


The Ground Is Fertile For The Seeds Of Liberty

My first publication with LewRockwell

 https://www.lewrockwell.com/2024/03/no_author/the-ground-is-fertile-for-the-seeds-of-liberty/


We live in a nightmare of falsehoods, and there are few who are sufficiently awake and aware to see things as they are.

Our first duty is to clear away the illusions and recover a sense of reality.

- Nicolas Berdyaev


Macro Outlook Q1 2024 w/ nostr:npub1tccnjexzau3x5ea8c69v047nqfy3xm4w4yl9j788sts0usl87nhsvce6fh

nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z
🤙

https://fountain.fm/episode/EAZlaESyS3jv2c5Oc1pL


Capitalism without anarchy isn't capitalism - it's statism

https://image.nostr.build/172f820574e1bc4c9fabac96227a70da11cf613f36b10452513eb7ffc5638ebc.jpg


Do you consider spontaneous order a form of organizing?


Decreasing voter turnout can be seen as a positive indicator of decentralization, reflecting a shift towards more localized decision-making and grassroots empowerment.

https://image.nostr.build/98384759d72630fa1076f1430fc15d9a15437991af1e290dd14627c7c239cd29.jpg


Six Questions for Socialist

https://fountain.fm/episode/ewhTLKLl1NkyBOFWI0bD


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_805 - Dear Crypto & Fiat Bros ( nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/R1uXzVSv7oWQtv7QE4bB


This encapsulates everything.

https://image.nostr.build/2ad39dcd7d83d579fe0a7a661fa28d7e46b586d891a288576e09877ce75be153.jpg


Who else is on amethyst?

I want to edit your notes.


Time to Abandon the S.S. United States? ( nostr:npub1wgjh30uxvvepumxhl3qlfzmt4chueprxmcvrxyw0wjtv9m4w8zwq3se082 )

https://fountain.fm/episode/ZwBJ4I4sT3jJgvvuewz5


Jeff Deist: How Inflation Corrupts Peoples and Cultures

https://fountain.fm/episode/YGNdg5cI630hfaC1GPWz


Economic policies need to be analyzed in terms of the incentives they create, rather than the hopes that inspired them.

- Thomas Sowell


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_804 - The Past, Presernt, & Future of Ofline Payments ( nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/xpvpvqmwgPa0cx30iCjV


Central planners are often blinded by their own hubris, believing they can control complex systems better than the decentralized wisdom of markets.


By embracing our natural differences and celebrating the unique qualities that define each of us, we create the ideal environment for specialization and the division of labor to thrive. In turn, this unlocks endless possibilities for our shared prosperity.


This is The Way

nostr:nevent1qqs975rdlcgatl47tdqnad5pqhh6jqlhw4muaq286yd7mfuukrj6wlcpz4mhxue69uhhyetvv9ujuer9v4a8jtnfduhsygqyey2a4mlw8qchlfe5g39vacus4qnflevppv3yre0xm56rm7lveypsgqqqqqqsyzw9rt


The concept of self-ownership - the principle that each person owns himself, his body, and his mind - is the starting point for the entire libertarian system of thought. It is the axiom from which all other libertarian conclusions logically derive.
https://image.nostr.build/72986168888eab04f56b58f007e205ec4919770ff3e1cdab39f409cedca4f9ba.jpg


All I ever had
https://open.spotify.com/track/3Y2oDDKdrIIvf4NiU8Ioxa


Okay, holy shit I've been doing life wrong all this time.

Results were AMAZING!! Best steak I've ever cooked. By far.

Props to nostr:npub1t42gfjzfv74v8xrv65f2lrwd65jr85ysrtdmkkfrvqgcss5r4g0qk487qz and nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde for scolding me / coaching me to do better.

https://i.nostr.build/Zrll.jpg

The better quality (thicker, fresher) steak plus the reverse-sear technique made for a killer upgrade combo (duh! But still... wow).

I had been buying prepackaged 1" steaks and freezing them. This time it was a ~1.5" thick ribeye directly from the meat counter (but tradeoff: those aren't grass fed).

Previous attempts were all on just cast iron or backyard grill. First time reverse-searing. 200° to an internal temp target of 120°.

Had not incorporated finishing with butter much before, first time using thyme. Garlic in there, too.

My steaks had been fairly dry (even when not overcooked), unpleasantly tough, and mostly weirdly flavorless. This one was incredibly juicy, tender, so much flavor!

The difference was like spending $6 at Denny's vs $80 at a steakhouse. NO JOKE.

I have one prepackaged 1" steak left in the freezer; will try reverse-searing it and see how much the cooking technique alone can improve upon my prior results. I expect disappointment, but worth running the experiment!
nostr:nevent1qqs8pljvzlh8x8p8cus9tg6sng8f9vsxelcqxymuzmuuk65qexe3sqczypdsardxlha6vccrs6gtxlfpdkp5tf3rese7zyd06rmn3mthj279gqcyqqqqqqgwlfglg


If the power of government rests on the widespread acceptance of false indeed absurd and foolish ideas, then the only genuine protection is the systematic attack of these ideas and the propagation and proliferation of true ones.

- Hans-Hermann Hoppe


The Future of Bitcoin Banking with nostr:npub1m7fjc8z7t00jzrgkfm4kzvnv4chf04rq9ykpke0rpe0ke2kud24qmg0l4p Yakes

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/W61PZf3GoRBXC2ceMbu3


🤣☯

https://youtu.be/WB27bqr7kJQ


Do you have the patience to wait until your mud settles and the water is clear?


This is the Way


There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.

- Soren Kierkegaard


🤝

https://image.nostr.build/d93f8bd23c11d3cb3eb74f07d2ab179087b01c3590bf53d6fd6d699f8a788dcf.jpg


The real cost of the State is the prosperity we do not see, the jobs that don’t exist, the technologies to which we do not have access, the businesses that do not come into existence, and the bright future that is stolen from us.

The State has looted us just as surely as a robber who enters our home at night and steals all that we love.

- Frederic Bastiat


Does Libertarianism Require Support for Open Borders?

https://fountain.fm/episode/7spenQfaRRjFUaezJ9pj


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Chat_093 - P2P Payments for the World with nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp Sheinfeld

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/I5HKztI5HTNVW0vTPsEe


In Bitcoin, Explained 90, nostr:npub1s6z7hmmx2vud66f3utxd70qem8cwtggx0jgc7gh8pqwz2k8cltuqrdwk4c,
nostr:npub18hwpk5qep3ptnmzatq22ptwr9mth7ccrku56rdntwpxjxlkfyr2qrav8du and I explain asynchronous Lightning payments.

👂👇

https://bitcoinexplainedpodcast.com/@nado/episodes/episode-90-asynchronous-lightning-payments-31owp


Basic Economics

https://www.amazon.com/Basic-Economics-Thomas-Sowell/dp/0465060730


The crucial role of prices is in tying together a vast network of economic activities among people too widely scattered to all know each other. However much we may think of ourselves as independent individuals, we are all dependent on other people for our very lives, as well as being dependent on innumerable strangers who produce the amenities of life. Few of us could grow the food we need to live, much less build a place to live in, or produce such things as computers or automobiles. Other people have to be induced to create all these things for us, and economic incentives are crucial for that purpose. As Will Rogers once said, "We couldn't live a day without depending on everybody." Prices make that dependence viable by linking their interests with ours.

Thomas Sowell


At this point, people panic and exchange currency for real assets before rapid devaluation consumes their savings. As the crack-up boom picks up steam, the demand for money plummets while prices of real goods skyrocket, leading to hyperinflation. This psychological shift marks the event horizon where monetary policy is rendered impotent. Mises describes the nature of this crisis:

"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."

The crack-up brings the unsustainable, debt-fueled boom to a catastrophic end. Personal savings are wiped out along with the monetary system’s credibility. Society becomes less stable as the populace loses faith in institutions and scrambles for resources. The economy finds its ultimate bottom not in recession but in the total decay of the currency itself.

nostr:npub1tccnjexzau3x5ea8c69v047nqfy3xm4w4yl9j788sts0usl87nhsvce6fh
https://image.nostr.build/659966e7155c23b653b5ad4fbab3296e804524e15d6dea98dcb5a94ec0557426.jpg


They'll Never Pay Down the National Debt

https://fountain.fm/episode/RU1oHpZmYh2LnRjoNXpY


EIA Attack on Bitcoin Miners | Brian Morgenstern

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk 🤙

https://fountain.fm/episode/STiWnZVPIzXsNrc8TQKF


From the standpoint of society as a whole, the "cost" of anything is the value that it has in alternative uses.

Thomas Sowell


Although a free market economic system is sometimes called a profit system, it is in reality a profit-and-loss system - and the losses are equally important for the efficiency of the economy, because losses tell producers what to stop doing - what to stop producing, where to stop putting resources, what to stop investing in. Losses force the producers to stop producing what consumers don't want. Without really knowing why consumers like one set of features rather than another, producers automatically produce more of what earns a profit and less of what is losing money. That amounts to producing what the consumers want and stopping the production of what they don't want. Although the producers are only looking out for themselves and their companies' bottom line, nevertheless from the standpoint of the economy as a whole the society is using its scarce resources more efficiently because decisions are guided by prices.

Thomas Sowell


The fact that no given individual or set of individuals controls or coordinates all the innumerable economic activities in a market economy does not mean that these things just happen randomly or chaotically. Each consumer, producer, retailer, landlord, or worker makes individual transactions with other individuals on whatever terms they can mutually agree on. Prices convey those terms, not just to the particular individuals immediately involved but throughout the whole economic system - and indeed, throughout the world. If someone else somewhere else has a better product or a lower price for the same product or service, that fact gets conveyed and acted upon through prices, without any elected official or planning commission having to issue orders to consumers or producers - indeed, faster than any planners could assemble the information on which to base their orders.

Thomas Sowell


The wonder of markets is that they reconcile the choices of myriad individuals.

William Easterly


Most of us are necessarily ignorant of many complex fields, from botany to brain surgery. As a result, we simply do not attempt to operate in, or comment on, those fields. However, every voter and every politician that they vote for affects economic policies. We cannot opt out of economic issues and decisions. Our only options are to be informed, uninformed, or misinformed, when making our choices on issues and candidates.

Thomas Sowell


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_802 - How Inflation Destroys Civilization

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/UFu3Gy14w8O4aWbEe8Or


nostr:npub1pyp9fqq60689ppds9ec3vghsm7s6s4grfya0y342g2hs3a0y6t0segc0qq
https://image.nostr.build/d7aa9043d6b5bdbb5b285306a1a2366a017b514d044bae17734e8f45ca00533b.jpg


Hyperinflation and the Destruction of Human Personality

https://fountain.fm/episode/wv8Ujr9YFAs3ttey1ktp

https://youtu.be/gjirqT_6NbM


Who Benefits from Inflation?

https://fountain.fm/episode/Zr03jHUxSkBkhsgHkn93

https://youtu.be/0M58kxzqx-k


We have a massive opportunity coming into the bull market to consolidate UTXOs with low fees. THIS is a low fee environment.

Fees are likely to be face meltingly high in the coming months to a year or more. And while they will come back down, it may not be back here for a long time, or for very long when/if it does.

If you haven’t consolidated your future blockspace costs recently… do it TODAY. nostr:note1rxdh3dhmxjkje3t4z37qu3waq0wzcv6jt0u94xez966d3dh9x94qdgfhcj


The Redistributive Efects on Monetary Policy

https://fountain.fm/episode/JYbYnJeaQa4Ju8o8Q2gW

https://youtu.be/PGgbcbn4yvA


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_801 - To Dust You Shall Return ( nostr:npub1jw5sltnsdu2xxevvdw6sxrrr83c8cl3w37shjx2fnktjgzf9udnscryrm8 )

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/dULnjo29BSdVOkVkw7dI


Our next meetup will be Tuesday, March 26 at 6:00 PM

Remember to stay humble, stack sats, and starve the State

https://www.flockstr.com/event/naddr1qqyrxdecv43xgv3hqgs9l27tukvd7q0q7hpycyrcpl5qwknrkg3my49g97rchfq9aatqqrcrqsqqql9nqk58cp


"There are strict inescapable limitations of what an L2 can accomplish, and those limitations are what the L1 can accomplish. This is just an inherent fact of engineering reality when looking at a system like Bitcoin."

https://bitcoinmagazine.com/technical/layer-2-is-not-a-magic-incantation


What's Next for Bitcoin and nostr:npub1mutnyacc9uc4t5mmxvpprwsauj5p2qxq95v4a9j0jxl8wnkfvuyque23vg  with Ben nostr:npub1u8lnhlw5usp3t9vmpz60ejpyt649z33hu82wc2hpv6m5xdqmuxhs46turz

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/JLUwVlKLRjkUpbffvQEC


Hayek's Nobel Prize, 50 Years Later

https://fountain.fm/episode/BlIbcumB6R1j1bASISgT


Inoculate Kids Against Left-Wing Weirdness

https://fountain.fm/episode/LiFVfP2L0R0JVeii3ykP


"Capitalism preserves assets—because it’s profitable. The planet and the climate around it are assets. Turning them over to an organization founded on theft, violence, and lies—government—should give anyone reason to reject the idea out of hand."

Climate Deniers Deny Socialism. That's Why the Regime Hates Them.

https://mises.org/wire/climate-deniers-deny-socialism-thats-why-regime-hates-them

https://fountain.fm/episode/LGeDqRGrRBZvttUtihy8


Persistent high fees in Bitcoin serve as a forcing function, accelerating the development and implementation of scaling technologies.


“The eye sees only what the mind is prepared to comprehend.”

― Robertson Davies


Satoshi designed bitcoin so that he or anyone independently wouldn't mater.

Satoshi didn't want to be sanctified or worshipped, Satoshi didn't want to be known.

Satoshi faded away, respect his wishes.


The fact that a majority might support or condone an act of theft does not diminish the criminal essence of the act or its grave injustice.


True understanding and growth come from the depth of reflection, where we confront ourselves honestly and embrace the lessons we find.

Know Thyself


Energy spreads out over time


BREAKING: EIA to Temporarily Suspend Bitcoin Miner Survey After Lawsuit

"The U.S. Department of Energy has agreed to temporarily suspend its mandatory survey of cryptocurrency miner energy use following a lawsuit by prominent miner Riot Blockchain and an industry group, according to a notice filed on Friday with the United States District Court for the Western District of Texas Waco Division."

https://www.nobsbitcoin.com/eia-to-temporarily-suspend-bitcoin-miner-survey-after-lawsuit/


"Making the process of using Bitcoin become more permissioned will appeal to statists who just want to feel safe. Instead of shifting society towards the values of freedom which Bitcoin can promote, we should shift Bitcoin to the current values of society. SBC will ultimately be the organization helping to pump your bags."

nostr:npub1563z6kxmvuy7s8zhzan8m0hzmkavyfzg2aw6h7f0fvcvdms398csaxc9n6

https://www.bugle.news/statist-bitcoiner-coalition-organizes-pride-rally-outside-bitcoin-2024/


Why We Shouldn't Trust BlackRock with nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv & Mark Goodwin

nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
🤙

https://fountain.fm/episode/Fjz0erw5YpSHJQrMxSox


Scaling Liberty: Bitcoin's Tension Between Ideology And Adoption

My latest from Bitcoin Magazine

https://bitcoinmagazine.com/culture/scaling-liberty-bitcoins-tension-between-ideology-and-adoption


"Economic resources cannot be allocated rationally without market prices. It isn’t merely that the central planners would have to be content with using less information than is available to actors in the free market but rather that the amount of information required to coordinate a complex economy is so vast that the planners couldn’t accomplish the task at all."

If One Wishes to Discredit Capitalism, One Should at Least Understand How It Works

https://mises.org/wire/if-one-wishes-discredit-capitalism-one-should-least-understand-how-it-works

https://fountain.fm/episode/DNIhB8ojWLePomM2xxw4


"Many of the most monstrous deeds in human history have been perpetrated in the name of doing good—in pursuit of some 'noble' goal”

- Leonard Read


There can be no socialism without a state, and as long as there is a state there is socialism. The state, then, is the very institution that puts socialism into action; and as socialism rests on aggressive violence directed against innocent victims, aggressive violence is the nature of any state.

- Hans-Hermann Hoppe


The Ground Is Fertile For The Seeds Of Liberty 🌱


"The true measure of a society's success is not how much wealth it produces, but how much freedom it allows its citizens."

- Murray Rothbard


TAKE THE ROAD LESS TRAVELED.

CLEAR THE WAY FOR THE NEXT GENERATION.


The value of a thing does not depend on its objective nature but on the subjective estimation of men, even if such an estimation is crazy.


The reason Assange has been in various forms of custody for almost twelve years is not because he committed any real crimes but because he has embarrassed the political establishment.

It’s up to those of us who do actually care about the truth and who oppose not only the misdeeds of the foreign regimes that our governments want to overthrow but, more urgently, the authoritarianism already at work in our own countries to demand that those in charge of the United Kingdom and US governments abide by the principles they have so far only pretended to embody. And that starts with dropping the charges against Julian Assange.

If they refuse to do so, that will reveal more about them than any dissident journalist could.

https://mises.org/wire/outrageous-persecution-julian-assange


Good morning ☕

I want to extend a heartfelt thank you to everyone who joined us for last night's Socratic seminar. A special appreciation goes out to those members who actively contributed to our group discussion. Your participation is truly valued. I hope you found the seminar beneficial, and I eagerly anticipate our future gatherings.

Additionally, as mentioned during our discussion, we're seeking recommendations for hidden gems in Milwaukee for CaptainSiddh and his Bitcoin Ride of Passage. They're keen on exploring Milwaukee's lesser-known spots. If you have any suggestions for campgrounds, farm homesteads, or unique places to stay or dine in Milwaukee, please don't hesitate to reach out. Your input is greatly appreciated.

Stay humble and stack sats


The Bitcoin Scaling Dilemma with Shinobi

nostr:npub1xapjgsushef5wwn78vac6pxuaqlke9g5hqdfjlanky3uquh0nauqx0cnde
nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
🤙

https://fountain.fm/episode/nKIE8hkcaMHigm0gcMq3


Ladies and gents, we’ve got work to do. Bitcoin Bootcamp begins this Saturday @ 2pm, where I’ll be introducing #Proxmox as a tool to manage your virtual infrastructure better.

Your node is probably shit. Let’s talk about it.

https://www.meetup.com/chibitdevs/events/299277835/

Prompt credit to nostr:npub1z4m7gkva6yxgvdyclc7zp0vz4ta0s2d9jh8g83w03tp5vdf3kzdsxana6p https://image.nostr.build/c31cee86aa0ba2932acc8926540343535470c6bf8ec2b2254611ae046051254d.jpg https://image.nostr.build/cc6c06ea222a0bee5dc30b6410408899673022cd3b39c1c8838e735a1b79fab7.jpg


The greatest trick the Devil ever played was convincing the world that the global economy needs to be micromanaged by academic economists who manipulate interest rates and the supply of money and that sound money is bad for the economy.


See everyone tonight!

nostr:nevent1qqsy6h5l8tnadjssdq3vkuar5yf8tqf8tjk5ausd3klgka22vstpqaspp4mhxue69uhkummn9ekx7mqzyp06hjl9nr0src84cfxpq7q0aqr45cajywe9f2p0s796gp002cqq7qcyqqqqqqgut0fm3


“The planner is a potential dictator who wants to deprive all other people of the power to plan and act according to their own plans. He aims at one thing only: the exclusive absolute preeminence of his own plan.”

— Mises


Anatomy of the State is the perfect place the start 🤙


nostr:npub1j4u5gjzjyggr3h96x3gjy4akdgwxuk7mgvumv72gym2qyje7fn5s47d6x9
https://image.nostr.build/bc36ad2d2444ff61e6a04e89efd7f4e7734a5bdbdd1d5209919856b35ef9eb46.jpg


Happy Sunday everyone,

Below is the link for the discussion topics for this coming Tuesdays Socratic Seminar meetup.

https://github.com/MilwaukeeBitcoinMeetup/Milwaukee-Bitcoin-Meetup/issues/3


Civilization is a work of peaceful co-operation.


Short Answers to Tough Questions for Libertarians

https://fountain.fm/episode/m10ujqmZbHDfqZHU9ldA


https://image.nostr.build/05d28ba63794ebb24fb6231d42f037b27b730d84c90ef6c6cb6c848b047b6e41.jpg

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

https://fountain.fm/episode/jGkS3xW8XphruIZUCNHt


"Political correctness is fascism pretending to be manners."

- George Carlin


"When people get used to preferential treatment, equal treatment seems like discrimination."

— Thomas Sowell


Don't make the mistake of equating economic freedom with democracy.

- Walter E. Williams


nostr:npub1v6qjdzkwgaydgxjvlnq7vsqxlwf4h0p4j7pt8ktprajd28r82tvs54nzyr
https://image.nostr.build/984a70f9ca48057bfff3deb696850524da7898762499ceb0471822eaee4ece7e.jpg


When Politics Fails (And It Will) | The Tom Woods Show

https://fountain.fm/episode/5FWiJ8BdTARI4PdIFHR4


Sayonara Meetup .com

nostr:nevent1qqsd6ddq30mya6s2hasm4uahqksy8j5kdegess37y0uewl2mjknrqaqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgq3qt74uhevcmuq7pawzfsg8srlgqadx8v3rkf22stu83wjqtm6kqq8sxpqqqqqqzck9akt


Protectionism is a misnomer. The only people protected by tariffs, quotas and trade restrictions are those engaged in uneconomic and wasteful activity.

Free trade is the only philosophy compatible with international peace and prosperity.

- Walter Block


See you in a week!

nostr:nevent1qqsy6h5l8tnadjssdq3vkuar5yf8tqf8tjk5ausd3klgka22vstpqaspp4mhxue69uhkummn9ekx7mqzyp06hjl9nr0src84cfxpq7q0aqr45cajywe9f2p0s796gp002cqq7qcyqqqqqqgut0fm3


It's not about capability; it's the inability to scale up that poses the issue.


nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev's Take_080 - But Bitcoin Wastes Energy

🤙

https://fountain.fm/episode/nqpGauwkeab4lMb1196u


Is Bitcoin Crossing the Chasm? With nostr:npub10cxz2h7n6rumfpuf49zt4uvm7skzqk5u25vesp0tzdtnkvsnwjyqaffcj3 Sudock

nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx
nostr:npub16le69k9hwapnjfhz89wnzkvf96z8n6r34qqwgq0sglas3tgh7v4sp9ffxj
🤙

https://fountain.fm/episode/gkiwYlEYpjZrqYwnobtp


The SHA256 Hash function broken out.
Mind blowing.
https://video.nostr.build/cfbdeea3a2c8c68896bbeae978fb21fbb0b77c1fd902bccc08ac154caa7595b1.mp4


Legal Foundations of a Free Society with Stephan Kinsella

https://fountain.fm/episode/4z3CsWH73Rg5jegGe3jy


If you love life, don't waste time, for time is the stuff life is made of.


nostr:npub1hw4zdmnygyvyypgztfxn8aqqmenxtwdf3tuwrd44stjjeckpc37q6zlg0q Read_796 - Stranded - How Bitcoin is Saving Wasted Energy by Alex nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu

nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
🤙

https://fountain.fm/episode/p4cMwgt0SEAnA6mvQPVg


The art of manipulation thrives on false dichotomies, for they obscure the truth and breed compliance.

https://image.nostr.build/7cec0231e4809d107da0f37077d3d506af0cca487c2dde4aa45d7f1f39b2ba86.jpg#m=image%2Fjpeg&dim=864x1167&blurhash=_6RymR3F-D-n%3Fu%241-p007%2400nN%3F%5D%24KS%5E00Bq8xs9yCrpo%7C8xOZV%5Bn%24o%7CnhbaX4slxuWVRjRkogpa%23*%25gR%2CR6W%3Fsp%25z%23jx%5BW%3DMyS%24spt*v%7Dx%5Bf%2CMyXSjEx%5DrqRjW%3DVto%7Dn%24&x=4812e0abb965ad9b1f064cf58e5c144fcd83180e1d5338a0dba98676b4bd6782


The first lesson of economics is scarcity: there is never enough of anything to fully satisfy all those who want it.

The first lesson of politics is to disregard the first lesson of economics.

- Thomas Sowell


TONIGHT at #chibitdevs I'll be presenting the UI/UX challenges that #payjoin and #coinjoin transactions impose on signing devices.

* What do retail hwws currently display?
* What SHOULD they?

Obv this all stems from what I've learned during my recent nostr:npub17tyke9lkgxd98ruyeul6wt3pj3s9uxzgp9hxu5tsenjmweue6sqq4y3mgl R&D.

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

https://chibitdevs.org/2024-02-08-Socratic-Seminar-51


Fewer PHDS, More Brilliant Dropouts, Please | The Tom Woods Show

https://fountain.fm/episode/7lzcpD3X9q3enPrb2xwA