₿itcoin ₿ombadil

Take delight in things for themselves without reference to yourself… The chain of memory is resurrection.

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npub1ptasykarzj2cm7dc9wnyyqk4h6mhc0gznx4fe8ccl9hpnspnlhrqh6vhsq

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nprofile1qqsq47cztw33f9vdlxuzhfjzqt2madmu85pfn25unuv0jmsecqelm3spz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0ds0c4jdl

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relay.damus.io

nos.lol

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npub1ptasykarzj2cm7dc9wnyyqk4h6mhc0gznx4fe8ccl9hpnspnlhrqh6vhsq

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Last Notes

2024-08-18 14:50:12

Regulation of weights & measures is necessary for science, & commerce… the power to "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures” is given to Congress in Art 1 Sec 8.
Money needs fixed standards.
Study #Bitcoin.

2024-07-23 18:47:42

- reply

I’m not reading all that.
Our “government” that represents society creates no value for our tax dollars. It is pure unadulterated theft and parasitism.
It all needs to be abolished and we need a complete reset starting fresh with first principles.
Thou shalt not steal, accurate and honest weights and measures, etc…

2024-07-23 18:10:52

- reply

Whatever “debt” you speak of that I may or may not owe to your nebulous “society” in no way justifies systemic theft.
“Society” is not my Master, and we are not its Slaves.
Taxes and money printing are theft. If you disagree, you’re just being logically and ethically dishonest.

2024-07-23 12:49:18

- reply

The “programs” are bankrupt and completely disconnected from economic reality and accountability.
Your assumptions about what I think couldn’t be less accurate and have nothing to do with my OP.
#Bitcoin is not compatible with systemic theft, which is what all Govt programs are

2024-07-23 12:29:34

- reply

Hopium doesn’t change the Truth.

2024-07-23 12:25:18

#Bitcoin cannot truly set us free until we abolish Income Taxes, Social Security, Medicare, The Fed, and the Fake Fiat Debt.
You can disagree and bitch and moan about it all you want, but the Truth doesn’t care.

2024-07-20 11:13:39

Don’t bitch and moan about #Bitcoin not being scalable or private enough when you could be bitching and moaning to the Federal Govt about Abolishing Income Taxes.
Channel your bitching and moaning wisely.
Income Taxes are theft and a massive violation of privacy.

2024-07-13 21:03:26

Global Debt Jubilee is coming.
More people are waking up to the fact that the vast majority of “Debt” is invalid because it was created out of thin air by Central Banks and Fractional Reserve Banks.
Forgive the Debt. Then embrace hard commodity money like #Bitcoin.

2024-07-13 21:02:35

Egocentric #Bitcoin Players have ignored Satoshi’s essential wisdom of creating healthy boundaries between identities and ideas.
Ideas > Personal Identity

2024-07-05 11:01:34

The Dollar price of #Bitcoin is an Oxymoron.
The Dollar price was an Oxymoron at $10 per #Bitcoin.
The Dollar price will still be an Oxymoron at $100 million per #Bitcoin.

2024-07-01 11:20:04

The best way to help #Bitcoin scale and become more private with Zero risk to the Protocol is to Abolish Income Taxes. We should resist adding more functionality to #Bitcoin ’s code until we dismantle Income Taxes in Meatspace.
Good Morning.

2024-06-29 14:27:24

Make no mistake. There are Dueling Trojan Horse Attacks.
Fiat is trying to Trojan Horse #Bitcoin.
#Bitcoin is trying to Trojan Horse Fiat.
But #Bitcoin is still the Dominant Strategy, which Thiel seems to miss wittingly or unwittingly… my gut says it’s more of the former.

2024-06-25 18:24:43

The human brain requires more energy than any other organ in the human body.
Lesson in that.

2024-06-21 23:04:16

Ancient Mesopotamian Temple complexes, with their standardized systems of weights and measures were more competent Bankers, Economic Planners, and Resource Allocators than The Fed, ECB, and BoJ are today.
What’s neat is #Bitcoin lets you be your own Ancient Temple & Bank.

2024-06-21 23:03:29

There is evidence Ancient Temples played a key role in the development of standards of monetary weights and measures, commodity exchange, accounting/record keeping, personal savings accounts, and economic coordination.
#Bitcoin has ancient “religious” roots.

2024-06-21 23:02:56

Once you study the economic, monetary, and accounting functions of Ancient Temples, you start to see similarities with #Bitcoin… except the #Bitcoin protocol is more robust and secure.
Ancient “Religion” was key to scaling human civilization.
And #Bitcoin is a religion.

2024-06-21 23:02:17

#Bitcoin is a step function design and execution improvement over traditional economic resource allocators such as organized religions and organized governments.
#Bitcoin will help humanity allocate resources better than ever before.

2024-06-10 10:26:19

Don’t let #Bitcoin distract you from the Freedom Movement.
The Freedom Movement has been around longer than #Bitcoin .
#Bitcoin is part of the Freedom Movement… not vice versa.
Please consider supporting my BIPs
BIP End the Fed
BIP Abolish 16A
BIP Jubilee

2024-06-01 23:42:17

Income Taxes undermine the 13th Amendment.
Study #Bitcoin.

2024-06-01 23:40:46

I can live with Users in meatspace controlling How and Why restrictions/decisions spending their #Bitcoin.
I don’t need to outsource any part of the How and Why decision making responsibilities to the #Bitcoin protocol… it’s too much burden afaict.

2024-06-01 23:39:45

Today, Fiat Clown World and Bitcoin User Behavior are spammy & volatile enough as it is.
I see no need to introduce a BlockSize increase or Covenants to #Bitcoin’s core DNA at this time.
We need to be Patient and do more educating about #Bitcoin fundamentals in meatspace.

2024-06-01 23:38:36

If banks like JPM & BofA really wanted custody of #Bitcoin, then I suspect Congress would override Biden’s veto in short order, right?
Banks can pressure politicians just fine.
So maybe Banks don’t want custody.
Banks might like #Bitcoin at arm’s length.

2024-06-01 23:37:27

When someone can show me how everyone’s vote gets verified, I MIGHT consider taking time out of my life to go LARP for democracy and vote.
Until then, owning #Bitcoin and writing letters to representatives and engaging people on Twitter is a more effective use of my time.

2024-05-28 15:55:23

The longer you have to exercise an Option, the more valuable the Option becomes.
#Bitcoin is a perpetual option that is designed to maximize your Economic Optionality and Flexibility over time.
The Dollar is designed to enslave you inside of an invisible prison filled with cheap dopamine hits.

2024-05-26 15:26:39

- reply

Is there any covenant that is on a similar/same level of simplicity of basic hash locks and time locks?
When and What type restrictions feel way safer than How and Why restrictions
I don’t understand why it’s appealing or makes sense to imbue #Bitcoin with How and Why types of intelligence

2024-05-25 19:11:42

Are #Bitcoin Covenants akin to Deed Restrictions and/or maybe Easements for Real Estate?

2024-05-25 17:14:42

#Bitcoin is backed by randomness & optionality.
#Bitcoin is Randomized Controlled Time Trial Money.
“Randomized controlled trials (RCTs) are considered the highest level of evidence to establish causal associations in clinical research.”
Study #Bitcoin.

2024-05-14 00:43:51

Timelocks - restrict WHEN #BTC is allowed to be spent
Covenants - restrict HOW #BTC is allowed to be spent.
Outsourcing WHEN authorization to the #Bitcoin source code feels more reasonable than outsourcing a HOW authorization.
Maybe users should keep control of the HOW.

2024-05-12 03:04:10

Pagan Romans viewed the early Christians as a fringe cult with no tried and true traditions or history to match the deep historical roots of Roman culture, so most Pagans mocked and dismissed the Christians. Similar dynamics are at play between Fiat & #Bitcoin today.

2024-05-01 16:28:10

Patience is bitter but its fruit is sweet
Good things come to those who wait
To lose patience is to lose the battle Beware the fury of a patient man
Slow & steady wins the race
Haste makes waste
Patience is a virtue
Patience pays off
Love is Patient
#Bitcoin

2024-04-21 20:04:58

“Games have been called the laboratory for the development of moral attributes; but they will not, of themselves, accomplish this purpose. They must be properly conducted by competent individuals.”
-James Naismith on Basketball, #Bitcoin, and building a better world.
https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fstatic01.nyt.com%2Fimages%2F2014%2F05%2F02%2Fupshot%2F03UP-BESCHLOSS%2F03UP-BESCHLOSS-superJumbo.jpg&f=1&nofb=1&ipt=7be45c56a3e75b8242446961421e562d45efc5dbe57d84852c68d4139785faac&ipo=images

2024-04-20 21:18:25

“While SegWit was a critical ledger state-change when it created this witness data block extension, Taproot was more of a systems update that unlocked potential scaling and privacy features. Both of these forks are necessary to the specifics of exactly how Ordinal 0.4.2 operates”
-Mark Goodwin from #Bitcoin Magazine on how SegWit and Taproot in combination were necessary for Ordinal 0.4.2 which made #Bitcoin more smooth brain friendly for SpamScammers
Rebuttals welcome

2024-04-08 20:11:33

I am currently in negotiations with Mother Nature to make all resources free, abundant, and ubiquitous for American citizens here on the North American continent.
The only catch is you have to vote for me in the 2024 Election.
#Bitcoin won’t save you.
Trust me bro.🤡

2024-04-07 00:01:05

The #Bitcoin Difficulty Price Signal can “scale for speed” a lot easier than Bitcoin itself.
Why?
Because Free Traders can discover relative values between other products using #Bitcoin Difficulty Signal as a common denominator to weigh & measure against their own products.

2024-04-06 21:18:48

Has anyone tried asking ChatGPT, Grok, or one of the other AIs for recommendations on how to scale #Bitcoin?? 🤣
What if the AI says we moved too fast on Development the first 15 years??🤣

2024-03-16 16:58:44

I hope the MSTR drama makes it obvious how and why we got here…
#Bitcoin Players need to Abolish Fiat Taxes if they don’t want to see #Bitcoin’s use skewed towards Fiat price speculation anymore.
Put Covenants on the back-burner.
Abolish Fiat Marxism first, then re-assess.

2024-02-29 20:33:35

When people say hash follows price, they mean hash follows the Ten Minute Difficulty target, right?
Because Satoshi started mining #Bitcoin before there was purchasing power, right?
So maybe purchasing power follows some derivative of Proof of Work with respect to time + users?
New #Bitcoin Valuation Model
Purchasing Power of #Bitcoin is some function of the derivative of Total Accumulated Proof of Work with respect to Time plus or multiplied by Metcalfe’s Law. 🤷🏻‍♂️
PP of #BTC = (dW / dT) +/* N^2
So basically #Bitcoin = the definition of Power in Physics + Metcalfe’s Law + flawless and immutable chain of accounting memory that is created by user power and user nodes.

2024-02-29 16:19:52

Will Saylor click the withdraw #Bitcoin button on his Coinbase account? 😅

2024-02-26 17:37:14

- reply

Weird is better sometimes. 🤣

2024-02-26 17:26:17

Do not concede the Intrinsic Value high ground advantage that #Bitcoin clearly has over Dollars & Shitcoins.
Meet the Fiat Maxis on any territory they choose and expose the weakness of their arguments accordingly.
#Bitcoin wins on every dimension of value we can think of. https://i.imgur.com/UpjMgvs.gif

2024-02-23 20:02:45

“See, sacrifice, Robert. That's the price of a good trick. But you wouldn't know anything about that, would you?”
-The Prestige on #Bitcoin

2024-02-23 20:02:00

"The sacrifice... that's the price of a good trick."
-Alfred Borden from The Prestige on #Bitcoin.

2024-02-21 21:07:57

The #Bitcoin Sat Stackers, Miners, Noderunners, and Keyholders around the world are collaborating on the most ambitious energy efficiency moonshot in human history, while also powering the best money/whole life insurance policy on the planet through time and space.
Join us.
https://ih1.redbubble.net/image.5144606619.6803/bg,f8f8f8-flat,750x,075,f-pad,750x1000,f8f8f8.jpg

2024-02-21 19:43:05

#Bitcoin can obsolete Debt Hierarchy and the misalignment of interests it creates and replace all that bullshit with plain vanilla Pari Passu Equity Partnerships.
If you buy your #Bitcoin with a 50% LTV loan, then your lender values the #Bitcoin half as much as you do.

2024-02-19 21:02:16

- reply

Fair enough…. Generally just saying If you can out-argue them on their terms, then it seems reasonable to go that route.
Don’t just say “intrinsic value doesn’t exist”
Argumentation tactics can always be fine tuned.

2024-02-19 20:26:17

What if I told you not only does intrinsic value exist, but so does extrinsic value, subjective value, objective value, numerical value, etc..?
Value is like a multi-dimensional & multi-faceted emergent phenomenon rooted in objective reality… like #Bitcoin.

2024-02-19 20:25:37

Weak defense of #Bitcoin
Critic: Bitcoin doesn’t have intrinsic value.
Bitcoiner: Intrinsic value doesn’t exist.
Strong defense of #Bitcoin
Critic: Bitcoin doesn’t have intrinsic value.
Bitcoiner: Wrong. Bitcoin has intrinsic value. The Dollar doesn’t have intrinsic value.

2024-02-18 17:24:03

Samuel Langhorne Clemens (1835-1910), better known to the world as Mark Twain, considered the lifelong duty of his acerbic pen—as he put it a letter of 1888, accepting an honorary MA from Yale—to be "the deriding of shams, the exposure of pretentious falsities, the laughing of stupid superstitions out of existence." It was a role which, he continued, made him "the natural enemy of royalties, nobilities, privileges and all kindred swindles, and the natural friend of human rights and human liberties," and he embraced it wholeheartedly.
https://www.prospectmagazine.co.uk/culture/57945/great-hates-4-mark-twain

2024-02-16 15:11:04

I encourage #Bitcoin users to study the God of Spinoza.

2024-02-16 15:07:52

To fully understand #Bitcoin Game Theory, you must accept the reality of the Dollar Prisoner’s Dilemma and Dollar Stockholm Syndrome that pretty much all of us are trapped by.
The best way to escape a prison is to fully understand the prison.

2024-01-21 15:37:03

The classic Prisoner’s Dilemma game combined with Dollar Stockholm Syndrome explains why #Bitcoin users obsess over Dollar prices.
#Bitcoin users can either cooperate and ignore the $ price of BTC for mutual benefit or they can “defect” & sell their BTC for more $$ and individual Fiat “gains”.
Zoom out.

2024-01-16 13:27:40

Earth Time is a measurement of Earth’s observable Proof of Work Cycles in the context of Outer Space.
#Bitcoin Time (block height) is a measurement of #Bitcoin s observable Proof of Work Cycles in the context of Earth Time.
Zoom in… then zoom out.
Study #Bitcoin.

2023-12-22 14:04:03

CHRINOs….
Christians In Name Only…
CHRINOs love dishonest Fiat money and Forever Wars.
Exit CHRINO Clown World through the #Bitcoin Gift Shop.

2023-12-22 14:03:29

You’re not a real Christian, Jew, or Muslim if you aren’t advocating for honest money like Gold & #Bitcoin.
I don’t care how much you believe in the Torah, Jesus, or Mohammed… or how often you pray.
If you aren’t pushing for sound money, then your “Faith” is a Fugazi.

2023-12-22 14:02:53

About those Stablecoins like @Tether_to and USDC they’re just a Parasitic Mimic/Fiat Trojan Horse attack vector against Bitcoin & Liberty.
I urge #Bitcoin influencers of all stripes to admit that Stablecoins backed by US Treasuries are as much of a trap as Dollars in a Fiat bank account.

2023-12-22 14:01:30

The best growth vector for #Bitcoin Plebs to focus on is Ending the Fed and Abolishing Income Taxes.
P.S. Abolishing Income Taxes and Central Banking is just another way of saying Abolishing Slavery.

2023-12-17 13:40:17

If enough Fire users behave irresponsibly with Fire, then we won’t be able to use Fire productively for our benefit.
If enough #Bitcoin users behave irresponsibly with their BTC, then we won’t be able to use #Bitcoin productively for our benefit.
If enough users are deliberately wasteful and irrational with how they use #Bitcoin, then this irrational behavior will be reflected in the #Bitcoin Difficulty, which diminishes the protocol’s utility as a rational price discovery tool.

2023-12-17 00:57:14

The Spam Grift driving up fees on #Bitcoin is “easy come easy go”.
The fees can fall back down as easily as they spiked up.
This could lure many unsuspecting #Bitcoin miners into a trap if they’re turning on ASICs because of higher fees.
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcT-fnw0eTD8UAfwq6njKY5ZN63C1bPBeSSIVcmuThltgg&s

2023-12-17 00:56:33

- reply

Yikes 😬

2023-12-17 00:52:44

We become stronger in #Bitcoin if we synchronize our behavior responsibly in the direction of freedom.
Spending & saving responsibly in #Bitcoin is a positive sum game.
Trading DickButts using #Bitcoin are zero to negative sum games.
Understood?
Swim down. Swim together.
https://media.tenor.com/FhI3MkRKxyEAAAAC/swim-down-keep-swimming.gif

2023-12-17 00:51:02

Scales, weights, and measures are tools for verification and accountability.
Without tools like these, commercial and scientific pursuits would be a lot harder.
What these kinds of tools do for humanity is taken for granted.
#Bitcoin reminds us not to take them for granted.

2023-12-17 00:50:41

I disagree that fees are designed to “pump forever”.
Fees & #Bitcoin difficulty are in a never ending equilibrium seeking dance.
Fees will rise & fall. Only super predictable & fixed design constants seem to be ~10 min block interval & 21M #BTC.

2023-12-17 00:50:07

The Dollar is a corrupt money.
Tether is a tokenized Dollar.
Therefore, Tether is a corrupt tokenized Dollar money.
#Bitcoin is what you need. Stay away from Tether.

2023-12-17 00:49:41

Do #Bitcoin miners understand how intentionally driving fees up with spam distorts their own economic cost functions and price signals?
My guess is some miners will turn on more ASICs in response to these distorted price signals.
Caveat emptor as always.

2023-12-11 02:42:19

Security budget fear-mongers conflate idiosyncratic risks for individual miners with systemic risk for the entire #Bitcoin Protocol.
They under-appreciate price elasticity (difficulty adjustment), demand for Sound Money, and #Bitcoin’s Infinite Game qualities.

2023-12-01 20:05:53

“Money gained by cheating others will soon be gone. Money earned through hard work will grow and grow.”
-Proberbs 13:11 comparing the Fiat Standard vs. #Bitcoin standard.

2023-12-01 20:05:27

For the #Bitcoin Plebs…
The etymology of “Tax” is interesting.
Traces to the Indo-European root “tag” meaning: to touch, handle," with figurative extensions ("border on; taste, partake of; strike, hit; affect, impress; trick, cheat; mention, speak of")

2023-11-28 13:09:35

A foot is 12 inches. A day is 24 hours. Earth’s Gravity is constant.
Basic rules of games ossify over time.
Hold the rules of the #Bitcoin game as constant as possible.
Increase user understanding of #Bitcoin as sound money & develop player skills to match this understanding.

2023-11-28 13:09:08

Until a critical mass of people stop hyper-obsessing over the Dollar price of #Bitcoin, then we’re all still shitcoiners in a way.
The Dollar price of #Bitcoin is an Oxymoron and a Shitcoin.
Good morning.

2023-11-28 13:08:46

The ethical codes that we combine with #Bitcoin matter.
The business practices that we combine with #Bitcoin matter.
The opportunity costs that we discover with #Bitcoin matter.
Do your best not to distort or disturb the price signals that #Bitcoin is fermenting for us.

2023-11-25 14:47:27

Maybe there’s an order of operations to this, but it seems best to build on top of a Sound Money use case FIRST. Then, maybe in 10, 20, or 150 years, the programmability aspect of #Bitcoin can be experimented with, but first things first.
#Bitcoin is chess not checkers.

2023-11-24 12:20:55

If America didn’t abandon honest & objectively measurable Sound Money, then the Economists/Accountants would not have been fooled by the Fugazi Fiat Price Signals that suggested labor was “cheaper” overseas.
Study #Bitcoin.
Unlearn the Fiat conditioning.

2023-11-24 12:19:22

Using #Bitcoin for its highest and best use, like other technologies, requires practice, patience, homework, diligence, and using the technology for the specific problem it was designed to solve.
This problem could be described as the Degenerate Fiat Clown World Problem.

2023-11-24 12:18:28

Some thoughts:
#Bitcoin doesn’t need Ordinals.
Ordinals needs retards.

2023-11-24 12:17:57

Hear me out.
What if Satoshi invented #Bitcoin with the underlying assumption that users wouldn’t use the tech like complete morons & instead would use the tech for its highest and best use to empower humanity & engender peace & prosperity?
Crazy I thought I know.

2023-11-20 01:39:15

1 There is a time for everything,
and a season for every activity under the heavens:
2 a time to be born and a time to die,
a time to plant and a time to uproot,
3 a time to kill and a time to heal,
a time to tear down and a time to build,
4 a time to weep and a time to laugh,
a time to mourn and a time to dance,
5 a time to scatter stones and a time to gather them,
a time to embrace and a time to refrain from embracing,
6 a time to search and a time to give up,
a time to keep and a time to throw away,
7 a time to tear and a time to mend,
a time to be silent and a time to speak,
8 a time to love and a time to hate,
a time for war and a time for peace.
9 What do workers gain from their toil? 10 I have seen the burden God has laid on the human race. 11 He has made everything beautiful in its time. He has also set eternity in the human heart; yet[a] no one can fathom what God has done from beginning to end. 12 I know that there is nothing better for people than to be happy and to do good while they live. 13 That each of them may eat and drink, and find satisfaction in all their toil—this is the gift of God.
The Time for #Bitcoin and honest money has come.

2023-11-19 14:01:20

Humans will always have to trust other humans to fulfill their end of the contract. #Bitcoin doesn’t change this. It just changes the money, so trust can flow more efficiently between humans.
#Bitcoin scales trust. Not speed.

2023-11-15 16:48:08

The Rhyme of the Ancient Banker
Heads I win.
Tails you lose.
It’s much more fun
When you’re in on the ruse.
QE for me,
And QT for thee,
And if all else fails,
QE Infinity.
Let them eat cake
And have it too.
I have had my fill.
How about you?
Got #Bitcoin?

2023-11-15 00:01:19

Churches, States, & #Bitcoin are different kinds of economic resource allocators for the “greater good”
Churches persuade people to give resources voluntarily
States persuade people to give resources under threat of force
#Bitcoin persuades people to give resources voluntarily

2023-11-14 20:14:06

Man can ruin water.
Man can ruin food.
Man can ruin anything,
If Man is in the mood.
Man can ruin music.
Man can ruin sports.
Man can ruin Sunday Brunch,
If Man is out of sorts.
Here’s a pinch of Wisdom
for your Sunday Stew.
#Bitcoin ain’t the issue.
The issue here is you.

2023-11-09 21:39:20

The Law of One Price says identical goods or securities should sell for the same price, irrespective of location. It assumes free competition, price flexibility, & absence of trade frictions.
Fiat undermines the Law of One Price.
Study the #Bitcoin Difficulty.

2023-11-09 21:38:52

If we sell our #Bitcoin to Central Banks then we will be playing ourselves and deserve to lose our Economic Freedom.
Selling your #Bitcoin to the Central Banks for Fiat is worse than the guy who sold his #Bitcoin for Pizza over a decade ago.
Iykyk

2023-11-07 14:37:09

The alt-coiners are parasitic mimics.
They mimic parts of what they see in the #Bitcoin community aka enthusiasm + higher fiat prices, corrupt the core message and use it to lure in people to their other coin that’s “like #Bitcoin , but better”
I think if we want to see less scammy alt-coin behavior, then more #Bitcoin Plebs have to make a point of de-emphasizing the importance of Fiat Dollar prices.
The OG Matrix meme is still the controlling meme.
#Bitcoin was invented without a Dollar price.
Don’t forget that.
https://imgs.search.brave.com/3h_DYdk5EWD-2G2lOXiI8IhnlOVpHAtmXkKUIlJ3tBE/rs:fit:860:0:0/g:ce/aHR0cHM6Ly93d3cu/Y29pbmRlc2suY29t/L3Jlc2l6ZXIvbXFh/VG15Yk1OY3M1Sldk/REt0d3VJMUlpQnp3/PS81NjB4NDY5L2Zp/bHRlcnM6cXVhbGl0/eSg4MCk6Zm9ybWF0/KGpwZykvY2xvdWRm/cm9udC11cy1lYXN0/LTEuaW1hZ2VzLmFy/Y3B1Ymxpc2hpbmcu/Y29tL2NvaW5kZXNr/L0hJRE9JSkFMWFJB/Q05IVVFEWjZaSDVN/TE1RLmpwZw

2023-11-07 14:35:43

#BTC Plebs: Alt-coins should be criticized.
Not wrong
Also #BTC Plebs: The #Bitcoin Dollar price is up so much this year! Yum! Yum! Buy my products!
Wrong.
$ price of #Bitcoin is a Shitcoin.
We point out the speck in our brother’s eye, but ignore the log in our own.

2023-11-04 16:29:00

I used to be a lot more focused on the $ price of #Bitcoin.
I used to see $ price as a justification of value.
And while I only ever dabbled in Shitcoins, my justification by $ price mentality (Greed) validated coins like ETH in my mind, whose $ price has gone up over time.
This “justification by $ price” mentality clouded my judgement… ETH’s $ price went up, so clearly I misunderstood something about ETH’s value proposition.
ETH’s $ price even outperformed #Bitcoin over certain timeframes.
Better to stay open minded about ETH I thought.
Who was I to judge the ETH origin story, or the pre-mine, or the DAO crisis, or the planned transition to Proof of Stake?
The $ price of ETH was going up like a rocket… like #Bitcoin’s $ price.
So some seeming minor diversification into ETH away from #BTC “made sense”.
In hindsight, my mistake was in allocating too much credibility to the Dollar Price of #Bitcoin , which really has nothing to do with how or why #Bitcoin can help humanity… I then applied this Fiat thinking to Shitcoins like ETH.
I only say all this to help the #Bitcoin community understand something.
Our obsession with the Dollar price of #Bitcoin is probably giving people the justification they need to consider Shitcoins… because the Dollar price of those coins go up too.
At some point, we should stop and check ourselves when we overly emphasize the Dollar price of #Bitcoin.
When we obsess about the $ price of #Bitcoin we are unwittingly giving false justification for considering Shitcoins.
It’s important for all #Bitcoin Plebs to remember that Satoshi created #Bitcoin’s rules and design without the Dollar in mind.
#Bitcoin is independent of Fiat rules.
#Bitcoin has always been about Proof of Work and free market price discovery (difficulty adjustments).

2023-10-27 01:29:21

Politicians don’t like #Bitcoin because it’s too transparent and requires too much accountability.
Every Dollar the US Govt spends should be broadcast publicly.
Instead our govt upends people’s lives with Illicit Mischief Money in the Dark.

2023-10-27 00:24:53

I’ve paid a lot of taxes over the years…. Not proud of it.
The US Govt perpetuates Evil in the name of its taxpayers. We are all guilty for letting it get so bad.
Abolish 16A.
End the Fed
Declare a Jubilee
Study #Bitcoin

2023-10-26 13:46:18

I was a late #Bitcoin Twitter adopter
But I’m happy about being an early #Bitcoin Nostr Adoptr.

2023-10-21 15:15:36

Sacrifice via Proof of Work is always required to use #Bitcoin.
If Sacrifice is always required, then #Bitcoin user interests are always more aligned than under Govt Clown World Money.
#Bitcoin is Free Rider Resistant Money.

2023-10-19 18:04:37

resource and energy allocation through the Magic of Free Market Price Discovery and Business Ethics.
#Bitcoin Plebs are to Billy Madison as Fiat Clown Lords are to Eric.
I choose Business Ethics.
Iykyk

2023-10-19 17:38:12

Sooner or later the people who do the hard physical work that creates the convenience of modern life will no longer accept Fiat Clown Money for their hard work.
Eventually a tipping point of people will demand their work be denominated in a real unit of measure like #Bitcoin.

2023-10-19 17:36:57

#Bitcoin is incompatible with terrorism and criminality.
Fiat Clown Dollars are very compatible with terrorism and criminality.
#Bitcoin adoption by terrorists will always be "low"/negligible.

2023-10-19 17:36:25

Price Fixing is to Fiat Clown World as Price Discovery is to #Bitcoin.

2023-10-16 21:54:40

#Bitcoin gives us an unstoppable Economic Game with internal scorekeeping & price-setting mechanisms that makes Peace and Patience more profitable than War.
But people have to understand the rules.
Naismith and Nakamoto knew this.
https://imgs.search.brave.com/9sXJutMB4xoHOO-6Tf7W5eAATpcO2WZ47JshXgjSY1I/rs:fit:860:0:0/g:ce/aHR0cHM6Ly91cGxv/YWQud2lraW1lZGlh/Lm9yZy93aWtpcGVk/aWEvY29tbW9ucy80/LzRhL0RyLl9KYW1l/c19OYWlzbWl0aC5q/cGc

2023-10-16 21:52:09

If you only care about the Fiat price of #Bitcoin, then personally I'd rather have you on the sidelines.
I don't want Fiat mentality influencing the on-chain metrics or other people's understanding of #Bitcoin.
The Fiat price of #BTC is a Fugazi.
Know what you own.

2023-10-14 21:16:08

JP Morgan, Rockefeller, and Woody Wilson brought communism to America in 1913 with The Fed and Income Tax.
GOAT level cope/tyranny right there.
Study #Bitcoin my friends.

2023-10-14 21:14:26

Knowing that I will die one day in the end and that I will die sooner if I don’t take care of basic needs like food, water, shelter, etc… is all the incentive I need to spend money.
I don’t need inflation or money printing to motivate me to spend money.
Study #Bitcoin.

2023-10-13 14:20:17

Monotheism was/is to Religious Thought as #Bitcoin will be to Money.
A dominant form.
Good morning.

2023-10-12 16:12:35

Proof of Work is what powers the “gravity” of #Bitcoin.
All #Bitcoin in existence, if it wants to move from one address to another address, is designed to be powered/pulled/pushed/fueled by Proof of Work in the meatspace and protocol layers.
If we want #Bitcoin to be the North Star for the Global Economy…
Then we need the 21 million cap + Proof of Work + ~10 minute difficulty target to be the North Star for #Bitcoin.

2023-10-09 18:37:43

#Bitcoin will make words honest and accurate again.