Nostr notes by HARRY 3

#bitcoin #walker #joebryan Bitcoin podcast of the week. Joe Bryan ...

2025-06-10T04:08:07Z

#bitcoin #walker #joebryan
Bitcoin podcast of the week.
Joe Bryan well worth a listen and underrated Bitcoiner that breaks it all down with the worlds major problem and the bitcoin solution.
How would the increased bitcoin adoption curve work in practice and what economic and societal problems does it solve.
https://open.spotify.com/episode/50rgdvbG04Tkg8H1zSxHH7?si=zcqQGnSGTWSd8NLjwl0PCQ

#bitcoin #walker #nostr Bitcoin Podcast of the week. These three ...

2025-06-03T03:33:12Z

#bitcoin #walker #nostr

Bitcoin Podcast of the week.
These three Economists/Professors don’t know what they don’t know about Bitcoin and are revelling in their Trad Fi world trying to work out what all the fuss about this Bitcoin phenomenon is!!??
Walker tries to enlighten them , but runs into a brick wall.
It’s a pity he is such a Gentleman.
He needs a sprinkle of the Eric Cason vibe.

https://open.spotify.com/episode/2PfooaJEUjgyITvci16lRl?si=PIEZ59u5QNSGGrQ5xvRgEQ

#bitcoin #soundmoney #gold #coinstories #natbrunell Judy Shelton- ...

2025-05-24T05:22:34Z

#bitcoin #soundmoney #gold #coinstories #natbrunell

Judy Shelton- meetings with Richard Nixon, Alan Greenspan, Trump etc. a sound money advocate and a gold bug, but in the midst and part of the American exceptionalism crowd. Not wanting to get the bitcoin revolution because it doesn’t suit her high falutin work experience. Another one that should leave her ego at reception and similar to Dave Collum last week.
She couldn’t get her head around how a bitcoin hard cap could allow economies to grow in the current environment that allows punishing inflation through fake money creation.

Her relationship with the principal architect of the economic catastrophe we find ourselves in today( one Alan Greenspan) who was supposedly a gold bug in his dim dark past ,highlights her destructive thinking on sound money solutions (I.e. back to a gold standard thank you very much)

Hopefully Natalie can orange pill her in the next interview.
However it doesn’t seem likely.
Another Trad Fi Boomer lost at the wheel.

Bitcoin Podcast of the week.

https://open.spotify.com/episode/6EuhFqIEhtdd9fNZ7mmRc3?si=UQLuQnLoTuWE51xY9goStwa

Bitcoin podcast of the week. Dave Collum - so intelligent and ...

2025-05-19T06:01:19Z

Bitcoin podcast of the week.
Dave Collum - so intelligent and knowledgeable in Trad-fi , but so frustrating and doesn’t get(or doesn’t want to get) Bitcoin the protocol and its inherent qualities.He looks at Bitcoin solely as an investment.
One day someone will tell him to leave his ego at reception and to listen and understand what OG’s are communicating in a podcast.

https://open.spotify.com/episode/3BqcI1LOUNmqAx496PUN1Q?si=I_dJzw0dTHKXw-SHQZce_w

#bitcoin #erikcason “The power of bitcoin was not to create ...

2025-05-12T07:19:10Z

#bitcoin #erikcason
“The power of bitcoin was not to create another form of money but to create a ledger of truth so that the world may return to a place where truth, not authority is the last purveyor of legitimacy.”

#bitcoin Bitcoin podcast of the week. ...

2025-05-12T04:34:31Z

#bitcoin
Bitcoin podcast of the week.
https://open.spotify.com/episode/0qSy6AwMBaoTGtY1gNYL7E?si=_wBucFMXRj6PMU-o7EC6MA

#Bitcoin #TraceMayer #Keiser #Saylor #antiwar #freedomtech ...

2025-05-10T01:27:40Z

#Bitcoin
#TraceMayer
#Keiser
#Saylor
#antiwar
#freedomtech
Hopefully , this is where we are heading as adoption grows to the Bitcoin becomes ubiquitous stage.
This guy had a shitcoin stage but so what. It doesn’t make his message here irrelevant
And this message needs to be spread IMO.

quoting
note10ry…d6n2
If you are anti war and anti genocide watch this.
Before Keiser and Saylor there was this man.

https://x.com/terencebobrien/status/1876199562119127391?s=46

If you are anti war and anti genocide watch this. Before Keiser ...

2025-05-08T10:35:29Z

If you are anti war and anti genocide watch this.
Before Keiser and Saylor there was this man.

https://x.com/terencebobrien/status/1876199562119127391?s=46

#bitcoin Podcast of the week #soundmoney #fiat WIM episode 575 - ...

2025-05-06T03:12:09Z

#bitcoin Podcast of the week

#soundmoney #fiat
WIM episode 575 - Jeff booth
Core thesis of “price of tomorrow “ is
-Innovation cause prices to decline over time, yet we are in a debt based fiat monetary system that requires prices to increase over time to erode the real debt burden.
These two paradigms are fundamentally incompatible.

https://open.spotify.com/episode/5pO9PyOzvm3JSWPWrkzJLr?si=2uHtgUMTS5S53T_tJaoGHw

Saylor WBD- 260524 News is just a curated stream of opinions . ...

2025-04-28T06:24:45Z

Saylor WBD- 260524
News is just a curated stream of opinions .
What should you do ?
You have to introduce a new idea that will go viral.
Bitcoin should be viewed as freedom technology- a freedom virus.
You could also view it as a monetary virus to give sound money to the world.
Bitcoin is the three E’s
Sound ethics
Sound economics
Sound engineering

Bitcoin Podcast of the week. #bitcoin ...

2025-04-28T06:22:33Z

Bitcoin Podcast of the week.
#bitcoin

https://open.spotify.com/episode/5sg71MO0ST43KXRu1YSJ8e?si=-lxWDER6SSu2rPeJkM364w

#bitcoin Podcast of the week. Jessie Myers - [ ] ...

2025-04-22T00:44:36Z

#bitcoin Podcast of the week.
Jessie Myers
- [ ] Hyperbitcoinization is predisposed in our DNA. Gene mutation found in our brain leads to the value proposition of scarcity .

https://open.spotify.com/episode/4TdABO9gON3BXuF9u7bLcE?si=xxBt1XDkSfmav55SlceqTA

MMT to #bitcoin is like Kryptonite to Superman. Money is not a ...

2025-04-22T00:39:27Z

MMT to #bitcoin is like Kryptonite to Superman.
Money is not a Public Good to be created at whim for the Govt war mongers. It is a common pool resource to be used in a common sense balanced fashion.
Send MMT’s to the historic bad idea’s club.

#Bitcoin #CrytoSovereignty #ErikCason #Bitcoinbooks Erik Cason ...

2025-04-14T02:07:36Z

#Bitcoin #CrytoSovereignty #ErikCason #Bitcoinbooks
Erik Cason Crypto Sovereignty - One of the best Bitcoin Books ever written.
This interregnum period we are currently going through ends in two ways -either a stupendous crash/ greater depression where everyone suffers in varying degrees -or a sudden mass realisation that money needs to be separated from the State. This involves a section of society getting very angry and forcing the change necessary.
Suggestion - get angry like Erik and force Bitcoin understanding and adoption to all that are capable, and stop the human destruction.

(From his book)

“Crypto is subject to the laws of mathematics alone- not men, institutions, or governments. If you think otherwise then come and break it.
There are no exceptions within this machine of mathematics. It is the resounding thunder of an idea whose time has come and that cannot be stopped.
Crypto engages in a radically new system of common- wealth and digital- social contract by using cryptography as the base technique of this new form of organisation.
Through this new political form of life , where all people can have their wealth protected from any form of violence through the power of cryptography, a messianic possibility is opened.
People everywhere know in their heart of hearts that things could be different, that radical economic, social, and political change is a real possibility.
We could live not only without hunger but also without fear, and freely as well.
Page 94
———-With the power of cryptography alone, we can guarantee the privacy, freedom, and liberty that was promised us and that we intend to keep.
No fascist decrees , no communist appropriations, no liberal state of emergency from any political banner can stop us! The struggle is real and we will not stop until fiat money is destroyed and the state and money are separated as they should be.
Together we can deactivate fiat money, state law, and shatter the paradise of legal violence and authoritarianism in order to consummate a new form of economic, social, and political life.
The state will try to destroy it, and with each blow they deliver we will only get stronger.
It will prove its inviolable nature more resoundingly, blow by blow, while also showing just how corrupt, wicked, and evil those in positions of legal and state power really are.——————
Page 96
Through using cryptography to create a novel and fair economic game of wealth common to all, Bitcoin rediscovered the sovereign power that is hidden at the centre of what a commonwealth really is- the commonality of law itself.
Man has renewed the opportunity to liberate himself from the concentration camps of modernity, but this time for good, permanently, and forever.
It is the commonwealth of crypto that will open the next and final epoch for all humanity and posterity, and what the promise of a money freed from the vestiges of statism, debt, and fiat money looks like.
Peace on this earth is not such a radical ideal if we all have the power/ knowledge of cryptography at our fingertips, and how to use such a power to protect our lives, our wealth, our freedom, and our privacy.
Page 105
Bitcoin threatens the very foundation of the world order of empire today by revealing that fiat money is little more than theft by decree,and the state nothing more than violent thugs who demand to control all wealth at any cost.
Page 130
The Crypto-Partisan - a new figure of history- it was only a matter of time before the core values of cryptography would start to assert their real personal, economic, and social value against other such non values positioned by an old and dying society that will not relinquish its bloody authority.
Page 132
Bitcoin presents a new form of value through cryptography which assures and proves itself in this fallen world where money has been corrupted by the state for the purpose of war.
Page 133
Through the power and majesty of cryptography, Satoshi created a new economic, and thereby social and political commonwealth for the internet alone. By imbuing economic value directly into the framework of the digital, Satoshi created a form of power that could reach beyond the violence of any physical power, including the state and its infinite violence.
Page 134
Bitcoin unapologetically severs the relationship between the two, - State and money -uncompromisingly leaving nothing behind. Bitcoin is the final decision to destroy the relationship between the state and money,and the messianic promise that entails.
Bitcoin over the last ten years has created a single global movement that is loyal to no nation- state, no government, no military anywhere on the planet, but toward an ethics of a community of wealth.
Page 146
The only laws that cryptography understands are the laws of mathematics which animate their functions and which are consecrated by the last God.”

#Bitcoin #Satoshivision #Bigpicture #Bitbonds Bitcoin Podcast of ...

2025-04-14T01:30:14Z

#Bitcoin #Satoshivision #Bigpicture #Bitbonds
Bitcoin Podcast of the week, and the month. A must listen for all self respecting Bitcoiners.
Concentrate on the value, because a lot of the time the price doesn’t reflect the value, and like water value finds it’s correct level over time

https://open.spotify.com/episode/35ofVQiXdXfJj5I9N0jP3k?si=Fwr42i8XTcm_SW_AB0m4KQ

#Bitcoin Podcast of the week ...

2025-04-07T02:51:23Z

#Bitcoin Podcast of the week

https://open.spotify.com/episode/6rgFkKdVQ1dSsWx76dOWbN?si=AxT9EeKyQJyeLTLSmaUVCg

Fiat Hawk The Quiet War No One Admits They’re Fighting Power ...

2025-04-07T02:48:08Z

Fiat Hawk

The Quiet War No One Admits They’re Fighting

Power doesn’t cling to systems because they’re moral. It clings because they’re useful. The rich and powerful aren’t blind to Bitcoin, they’re paralyzed by the cost of acknowledging it. To embrace Bitcoin is to admit the game they’ve mastered is rigged, and worse, that the rigging is their own doing.

The existing monetary system isn’t just broken; it’s a gilded prison. Those inside profit from its instability, its opacity, its endless elasticity. They lend what they don’t have, tax what they didn’t earn, and inflate away the debts of nations, all while pretending this is normal. But to call it corruption would force them to confess they’re not architects of order. They’re arsonists selling fire insurance.

Bitcoin is a mirror. It reflects the fragility of a system built on trust in institutions that have repeatedly betrayed that trust. When money is separated from state, when it becomes immutable and scarce, the levers of control rust shut. The powerful know this. Yet they hesitate, not because they doubt Bitcoin’s potential, but because exposing fiat’s rot would unravel their own legitimacy.

Consider the irony: many of these individuals privately admire Bitcoin. They see its resilience, its neutrality, its indifference to borders. But publicly embracing it would be an act of self-sabotage. To attack fiat is to attack the foundation of their influence, central banks, lobbying networks, the entire machinery of debt-based economics. Their wealth is tied to a system that rewards proximity to power, not innovation or merit.

History is full of revolutions where the old guard pivoted to survive. But this isn’t a revolution of muskets and manifestos. It’s a silent migration of value, a rejection of permissioned money. The rich and powerful face a dilemma: adopt the tool that threatens their dominance, or cling to a dying paradigm and risk being remembered as its last caretakers.

Their silence isn’t indifference. It’s strategy. Every day they delay is another day of extracting value from a system they know is terminal. But Bitcoin doesn’t negotiate. It ticks. It verifies. It outlasts.

The reckoning isn’t about morality, it’s about mathematics. Those who built empires on controlled scarcity will falter when faced with true scarcity. Those who mastered manipulating narratives will wilt before a ledger that cannot lie.

They’ll come for Bitcoin, eventually. But first, they must decide how much of their own corruption they’re willing to expose along the way.

#Bitcoin #Podcast Bitcoin podcast of the week. ...

2025-03-31T06:28:42Z

#Bitcoin #Podcast
Bitcoin podcast of the week.
https://open.spotify.com/episode/2ATnzYkRUMPMsy5ZkGvhWa?si=egRI5n9BTu-6MhaADhVslw

#sound money #Bitcoin #MMT Why are MMT proponents not called out ...

2025-03-31T06:25:36Z

#sound money #Bitcoin #MMT

Why are MMT proponents not called out on this huge flaw in their Theory.
By stating money creation is a tool to be used by intelligent Governments is an insult to human history.

“The link between Modern Monetary Theory (MMT) and “forever wars” lies in how MMT argues that a government with sovereign currency (like the U.S.) can finance wars indefinitely without worrying about budget deficits in the traditional sense. This has significant implications for prolonged military engagements.

1. MMT: Unlimited Government Spending?

MMT suggests that a country like the U.S., which prints its own currency, does not need to “find” money (via taxes or borrowing) to fund spending. Instead, it can create money as needed, constrained only by inflation.

2. How This Enables Forever Wars
• Wars Are Expensive: Traditional thinking says long wars are unsustainable due to debt. MMT dismisses this concern, arguing the government can always fund military spending.
• No Need for Tax Hikes or War Bonds: Historically, wars were financed through higher taxes or war bonds. With MMT, these are unnecessary, making war politically easier to sustain.
• Reduced Political Resistance: If the public doesn’t “feel” the cost through taxes or visible debt burdens, opposition to prolonged wars weakens.
• Defense Contractors & Military-Industrial Complex: A government that can “print” money indefinitely can keep funding defense companies and military projects without limits.

3. The Inflation Risk

MMT acknowledges that excessive spending can cause inflation, which is the real constraint. However, wartime spending historically fuels inflation (e.g., Vietnam War, Iraq War). If inflation rises, MMT suggests the government could counter it by:
• Raising taxes to pull money out of circulation (politically unpopular).
• Cutting other spending (unlikely due to lobbying and entitlements).
• Relying on the dollar’s global status to export inflation elsewhere.

4. Historical Examples
• Vietnam War: The U.S. printed money instead of raising taxes, contributing to 1970s stagflation.
• Post-9/11 Wars (Iraq, Afghanistan, Syria, etc.): Financed through deficit spending, with little immediate economic pain at home.
• Ukraine & Potential Future Conflicts: MMT thinking suggests the U.S. can keep funding military aid indefinitely as long as inflation is managed.

Conclusion

MMT makes it easier for governments to justify prolonged military interventions without traditional financial constraints. While it doesn’t advocate for war, its framework removes the economic pressure that historically forced nations to end wars when they became too costly.”

#Bitcoinpodcast The Bitcoin podcast of the week Walker - Jesse ...

2025-03-23T22:42:56Z

#Bitcoinpodcast

The Bitcoin podcast of the week
Walker - Jesse Meyers
https://open.spotify.com/episode/55SrmsfC9FAG8OxAAer5Cj?si=Zulbj8uaRBSF7dMlR7-1aQW

You Can’t Taper a Ponzi Scheme - International Man ...

2025-03-23T22:39:17Z

You Can’t Taper a Ponzi Scheme - International Man
https://internationalman.com/articles/you-cant-taper-a-ponzi-scheme/

You Can’t Taper a Ponzi Scheme - International Man ...

2025-03-23T22:38:57Z

You Can’t Taper a Ponzi Scheme - International Man
https://internationalman.com/articles/you-cant-taper-a-ponzi-scheme/

Best podcast of the previous week. TFTC - Marty Bent Qtr 4 24 ...

2025-03-16T22:08:39Z

Best podcast of the previous week.
TFTC - Marty Bent
Qtr 4 24 Monetary Base update with Matthew Mezinskis

Yes, Bitcoin is increasingly being used in the developing world ...

2025-03-16T22:00:38Z

Yes, Bitcoin is increasingly being used in the developing world as a way to transact, save, and protect wealth from government seizure, inflation, and currency devaluation. This is especially true in countries with weak or unstable financial systems.

How Bitcoin Helps in the Developing World

✅ Protection Against Inflation & Currency Collapse
• In countries like Venezuela, Argentina, Turkey, Lebanon, and Nigeria, local currencies have lost 50-99% of their value due to hyperinflation.
• Bitcoin, with its fixed supply (21 million cap), offers an alternative that cannot be printed or devalued by governments.

✅ Financial Inclusion for the Unbanked
• 1.4 billion people worldwide lack access to banks (World Bank data).
• Bitcoin allows anyone with a smartphone & internet to store and send money without needing a bank account.

✅ Censorship-Resistant Transactions
• Governments can freeze or seize bank accounts (e.g., protests in Nigeria & Canada).
• Bitcoin’s decentralized nature prevents authorities from blocking transactions.

✅ Remittances Without High Fees
• Many developing countries rely on remittances from overseas workers.
• Traditional remittance services (Western Union, MoneyGram) charge 5-10% fees and can take days.
• Bitcoin allows instant, low-cost, borderless transfers (especially via Lightning Network).

✅ Wealth Preservation in Failing Economies
• People in Lebanon, Zimbabwe, and Argentina are using Bitcoin to store savings when local banks fail or impose withdrawal limits.

⸻

Real-World Bitcoin Adoption in the Developing World
• El Salvador → First country to adopt Bitcoin as legal tender (2021).
• Nigeria → One of the highest peer-to-peer (P2P) Bitcoin adoption rates due to distrust in the local banking system.
• Argentina → With inflation over 200%, many people are turning to Bitcoin to protect savings.
• Venezuela → Bitcoin & stablecoins used for daily transactions due to the collapse of the Bolívar.
• Lebanon → Banks froze deposits, leading people to shift to Bitcoin for financial independence.

⸻

Challenges & Limitations

🚧 Internet & Electricity Access → Some rural areas still lack reliable internet, making Bitcoin use difficult.
🚧 Price Volatility → While it protects against long-term inflation, short-term volatility can be a risk.
🚧 Government Crackdowns → Some governments (e.g., China, Nigeria) have restricted Bitcoin trading, though adoption continues via peer-to-peer networks.
🚧 Usability for Small Transactions → Bitcoin’s Lightning Network is helping make micropayments fast & cheap, but it’s still growing.

⸻

Final Thoughts

Bitcoin is empowering people in the developing world to bypass broken financial systems, protect wealth, and transact freely. While it’s not a perfect solution, its decentralization, scarcity, and censorship resistance make it an attractive alternative to failing fiat currencies.

#MMT #governmentdebt #antiwar #Palestine #bitcoin Based article. ...

2025-03-02T05:39:00Z

#MMT #governmentdebt #antiwar #Palestine #bitcoin

Based article.

The West has 13% of world population, but the majority of the debt.
Unlike MMT and its Proponents, debt matters.

https://x.com/zerohedge/status/1896035264771883438?s=46

#WGFM #PPT #MarketManipulation #GovernmentAccountability #bitcoin ...

2025-02-24T06:28:51Z

#WGFM #PPT #MarketManipulation #GovernmentAccountability #bitcoin

The lack of full public disclosure does raise concerns about transparency, and critics sometimes argue that it could leave room for discretionary action. However, several mechanisms and constraints are in place that help ensure these interventions are not used arbitrarily or for purposes other than stabilizing the financial system:
1. Mandated Objectives and Legal Framework:
The agencies involved in the Working Group on Financial Markets (WGFM) operate under clear legal mandates to ensure market stability and liquidity. Their primary role is to prevent systemic collapse during times of extreme stress—not to manipulate markets for other purposes. Any action they take must align with laws and regulations that are subject to oversight.
2. Oversight and Accountability:
Although the WGFM’s detailed decision-making processes are not fully public, the actions of its constituent agencies (like the U.S. Treasury, Federal Reserve, and SEC) are subject to oversight by Congress, independent auditors, and inspector generals. Regular reports, hearings, and audits provide layers of accountability that help ensure interventions remain within their intended scope.
3. Historical Performance and Market Feedback:
Market participants observe the outcomes of interventions. Over decades, coordinated actions during crises—such as during the 2008 financial crisis or the March 2020 COVID‑19 volatility—have generally resulted in improved liquidity and stabilization rather than unpredictable manipulation. If interventions were being used to serve other interests, it would likely result in noticeable distortions that could trigger legal challenges or political backlash.
4. Secrecy for Effectiveness:
Some degree of confidentiality is maintained to prevent market participants from gaming the system. Full disclosure of every detail might reduce the effectiveness of the measures, as it could allow traders to anticipate moves in ways that might actually destabilize the system further.

In essence, while the specific methods aren’t entirely public, the combination of strict legal mandates, multi-agency oversight, historical accountability, and the need for secrecy to preserve efficacy all work together to help ensure that interventions are made solely to safeguard financial stability rather than for arbitrary market manipulation.

#WGFM #PPP #marketmanipulation #bitcoin There isn’t a publicly ...

2025-02-24T06:03:09Z

#WGFM #PPP #marketmanipulation #bitcoin There isn’t a publicly available, detailed “checklist” or set of criteria that the U.S. government’s so‑called “Plunge Protection Team” (the informal name for the Working Group on Financial Markets) discloses when it intervenes in the markets. In practice:

• The team—comprising representatives from the U.S. Treasury, Federal Reserve, SEC, and sometimes other agencies—was created to help stabilize markets during extreme volatility.
• Its mandate is generally understood to be about maintaining market stability and liquidity rather than “manipulating” the market for profit.
• While analysts and commentators have speculated that the team may look at factors like extreme declines in major stock indices, liquidity shortfalls, or signs of systemic risk, the precise decision‑making criteria and protocols remain confidential.
• Official statements emphasize that any coordinated action is aimed at preventing a broader financial crisis rather than targeting particular market movements.

In short, while there are broad goals to protect the stability of the financial system, the exact criteria used by the group are not publicly disclosed.

That’s an interesting take. If we consider that money and power ...

2025-02-22T02:25:44Z

That’s an interesting take. If we consider that money and power struggles have been at the core of much of human conflict, then a decentralized, non-state-controlled system like Bitcoin could, in theory, help reduce these tensions. Here’s how:

How Bitcoin Could Help Reduce Conflict
1. Removes Monetary Manipulation & Corruption
• Traditional fiat currencies are controlled by governments and central banks, which can print money, devalue currencies, and fund wars.
• Bitcoin’s fixed supply (21 million coins) prevents inflation and eliminates centralized control over wealth.
2. Separates Money from Politics & Religion
• Much of human history involves wars fueled by economic or religious power struggles.
• A neutral, decentralized currency could shift power away from governments and institutions that often fund or enable conflicts.
3. Increases Financial Freedom & Reduces Inequality
• Many wars and revolutions stem from economic inequality.
• Bitcoin offers an alternative to corrupt banking systems, giving individuals in oppressive regimes an escape from financial control.
4. Transparency & Reduced Fraud
• With blockchain technology, transactions are public and verifiable, making it harder for leaders to secretly fund wars, arms deals, or illicit activities.
• Corrupt intermediaries (banks, governments, financial elites) lose power.
5. Global Economic Unity
• A borderless currency could reduce economic divisions between nations, shifting focus from control over resources to fair exchange.
• If more countries adopted Bitcoin, financial disputes and trade wars could become less frequent.

Challenges & Counterarguments
• Governments and banks will resist Bitcoin because it threatens their control.
• Some argue that conflict isn’t just about money—it’s about power, ideology, and human nature.
• If Bitcoin becomes dominant, will a new elite class emerge, hoarding digital wealth instead?

Even with these challenges, the idea of a decentralized financial system shaping a more peaceful world is compelling.

That’s an interesting take. If we consider that money and power ...

2025-02-22T01:59:40Z

Is religion the scourge of humanity? I get where you’re coming ...

2025-02-22T01:52:51Z

Is religion the scourge of humanity?

I get where you’re coming from. Religion has undeniably been at the root of countless conflicts, wars, and acts of oppression throughout history. People have used religious justifications for violence, discrimination, and control, often contradicting the very teachings they claim to follow. If religion is supposed to promote peace, love, and morality, why does history tell such a different story?

The Case for Gradual Atheism

Your point about the Sixth Commandment (“Thou shalt not murder”) is a strong one—despite clear moral guidelines in various religious texts, violence in the name of religion has persisted for centuries. Atheism, in contrast, removes supernatural justifications for harming others. A secular, rational approach to ethics could help humanity move beyond divisive ideologies and base morality on reason, empathy, and shared human values.

But Is Religion the Root Problem, or Human Nature?

While religion has fueled conflict, so have nationalism, political ideologies, and power struggles. People often use religion as a tool to justify their actions, but the underlying drive for domination, greed, or tribalism exists with or without it. Even in atheistic or secular societies, we still see wars, oppression, and injustice.

Would Humanity Be Better Without Religion?

Possibly. If people shifted toward humanist values—focusing on ethics without religious dogma—we might see a more just, rational world. But some argue that religion also provides meaning, community, and moral guidance that many people find essential. The real challenge is whether we can evolve beyond the negative aspects of religion while preserving the sense of purpose and moral structure that many seek from it.

#Bitcoin #Keiser #SteveKeen #nevent1q…t0rh

2025-02-01T01:17:33Z

#Bitcoin #Keiser #SteveKeen

quoting
nevent1q…t0rh
2009 -Keiser before his Bitcoin journey.
Steve Keen before his anti - Bitcoin stance
On the edge with Max Keiser 09 18 2009 Part 3 of 3 - YouTube
https://www.youtube.com/watch?v=4EKqnAa5jgMs

2009 -Keiser before his Bitcoin journey. Steve Keen before his ...

2025-02-01T01:12:59Z

2009 -Keiser before his Bitcoin journey.
Steve Keen before his anti - Bitcoin stance
On the edge with Max Keiser 09 18 2009 Part 3 of 3 - YouTube
https://www.youtube.com/watch?v=4EKqnAa5jgMs

#MMT versus #Bitcoin or #soundmoney A thread. One of the main ...

2025-01-27T08:08:53Z

#MMT versus #Bitcoin or #soundmoney
A thread.
One of the main problems is that MMT misallocates resources into the USA war machine and creates human destruction on a massive scale.

(From Farrington- Bitcoin is Venice- critique of MMT.)
In the book Farrington called the use of money in society not a public good , but rather a common pool resource.

Your critique raises a compelling point about the tension between Modern Monetary Theory (MMT) and traditional views on money. Here’s a breakdown of your argument and where MMT might face challenges in addressing it:

1. Money as a Common-Pool Resource (Your Argument)
• Core Idea: Money isn’t simply a public good that can be created and distributed without consequence. Instead, it represents a claim on a finite pool of real resources and accumulated wealth. If money creation outpaces the productive capacity of an economy or the saved wealth underpinning it, it can erode trust in the currency and lead to inflation or resource misallocation.
• Implications:
• Excessive money creation risks depleting the “common pool” by overstretching resources for current consumption, leaving future generations with fewer productive assets or diminished currency value.
• Money creation that isn’t tied to real productivity (savings, investments, or innovation) risks undermining the economic balance and social cohesion.

2. MMT’s View and Its Potential Weakness
• MMT Premise: MMT asserts that a sovereign issuer of fiat currency can create as much money as needed for public purposes, constrained only by inflation and resource availability, not by saved wealth or deficits. It emphasizes managing real resources over nominal financial limits.
• The Potential Flaw:
• MMT’s emphasis on “creating money as needed” may undervalue the role of intergenerational equity and the need to match monetary expansion with actual wealth creation.
• While MMT acknowledges inflation as a constraint, it may oversimplify how inflation arises—not just from current demand exceeding supply but from longer-term erosion of trust in the currency or systemic inefficiencies in allocating resources.

3. The Role of Saved Wealth and Controlled Use
• Your Point: Money creation should ideally be tied to saved wealth—representing past productivity and accumulated resources. This ensures that economic growth is sustainable and benefits are distributed fairly across generations.
• Why It Matters:
• When money is treated as a “public good” created at will, it risks over-extraction from the common pool without replenishing it.
• Controlled money creation, tied to saved wealth or tangible investments, aligns incentives for sustainable economic development, fostering trust in the monetary system.
• Future generations inherit not just the liabilities of today’s decisions (e.g., debt, inflation) but also the economic structure and natural resources affected by unchecked money creation.

4. Balancing MMT’s Promise and Your Critique
• Reconciling the Views: MMT provides useful insights about the flexibility of monetary policy in addressing unemployment and underutilized resources. However, its critics (including your perspective) highlight the need for:
• Limits on Arbitrary Money Creation: Treating money as a common-pool resource means respecting its value as a claim on real wealth, requiring careful control over issuance.
• Focus on Productivity: New money should be matched by productive investments—like infrastructure, innovation, or education—that expand the economy’s capacity to deliver wealth sustainably.
• Intergenerational Fairness: Policies must consider long-term effects, ensuring that the current generation’s use of money doesn’t unfairly burden future ones with inflation, depleted resources, or environmental degradation.

Conclusion

Your critique highlights an important limitation of MMT: while it emphasizes the flexibility of fiat money, it can overlook the deeper role of money as a shared claim on real resources and accumulated wealth. Treating money as a common-pool resource, rather than merely a public good, underscores the need for discipline and long-term stewardship. The challenge for policymakers is finding the right balance—leveraging monetary tools for present needs without compromising future economic stability or fairness.

A critique on MMT. From Farrington- Bitcoin is Venice Your ...

2025-01-26T03:18:18Z

A critique on MMT.

From Farrington- Bitcoin is Venice

Your critique raises a compelling point about the tension between Modern Monetary Theory (MMT) and traditional views on money. Here’s a breakdown of your argument and where MMT might face challenges in addressing it:

1. Money as a Common-Pool Resource (Your Argument)
• Core Idea: Money isn’t simply a public good that can be created and distributed without consequence. Instead, it represents a claim on a finite pool of real resources and accumulated wealth. If money creation outpaces the productive capacity of an economy or the saved wealth underpinning it, it can erode trust in the currency and lead to inflation or resource misallocation.
• Implications:
• Excessive money creation risks depleting the “common pool” by overstretching resources for current consumption, leaving future generations with fewer productive assets or diminished currency value.
• Money creation that isn’t tied to real productivity (savings, investments, or innovation) risks undermining the economic balance and social cohesion.

2. MMT’s View and Its Potential Weakness
• MMT Premise: MMT asserts that a sovereign issuer of fiat currency can create as much money as needed for public purposes, constrained only by inflation and resource availability, not by saved wealth or deficits. It emphasizes managing real resources over nominal financial limits.
• The Potential Flaw:
• MMT’s emphasis on “creating money as needed” may undervalue the role of intergenerational equity and the need to match monetary expansion with actual wealth creation.
• While MMT acknowledges inflation as a constraint, it may oversimplify how inflation arises—not just from current demand exceeding supply but from longer-term erosion of trust in the currency or systemic inefficiencies in allocating resources.

3. The Role of Saved Wealth and Controlled Use
• Your Point: Money creation should ideally be tied to saved wealth—representing past productivity and accumulated resources. This ensures that economic growth is sustainable and benefits are distributed fairly across generations.
• Why It Matters:
• When money is treated as a “public good” created at will, it risks over-extraction from the common pool without replenishing it.
• Controlled money creation, tied to saved wealth or tangible investments, aligns incentives for sustainable economic development, fostering trust in the monetary system.
• Future generations inherit not just the liabilities of today’s decisions (e.g., debt, inflation) but also the economic structure and natural resources affected by unchecked money creation.

4. Balancing MMT’s Promise and Your Critique
• Reconciling the Views: MMT provides useful insights about the flexibility of monetary policy in addressing unemployment and underutilized resources. However, its critics (including your perspective) highlight the need for:
• Limits on Arbitrary Money Creation: Treating money as a common-pool resource means respecting its value as a claim on real wealth, requiring careful control over issuance.
• Focus on Productivity: New money should be matched by productive investments—like infrastructure, innovation, or education—that expand the economy’s capacity to deliver wealth sustainably.
• Intergenerational Fairness: Policies must consider long-term effects, ensuring that the current generation’s use of money doesn’t unfairly burden future ones with inflation, depleted resources, or environmental degradation.

Conclusion

Your critique highlights an important limitation of MMT: while it emphasizes the flexibility of fiat money, it can overlook the deeper role of money as a shared claim on real resources and accumulated wealth. Treating money as a common-pool resource, rather than merely a public good, underscores the need for discipline and long-term stewardship. The challenge for policymakers is finding the right balance—leveraging monetary tools for present needs without compromising future economic stability or fairness.

Not that he ever left, but welcome back to the revolution, the ...

2025-01-06T09:34:04Z

Not that he ever left, but welcome back to the revolution, the incomparable Trace Mayer.
https://x.com/nvk/status/1874434373120094453?s=46

Bitcoin for God deniers and the harm religions have caused since ...

2024-12-31T00:41:33Z

Bitcoin for God deniers and the harm religions have caused since invention.

Yes, there are prominent Bitcoin advocates who identify as atheists and critique organized religion for its historical role in human suffering and death. Many such individuals argue that centralized religious institutions, like centralized financial systems, have been used to oppress and exploit people throughout history. While these critiques don’t universally characterize all Bitcoiners, the philosophy of individual sovereignty and distrust of centralized power often overlaps with skepticism of organized religion.

Prominent Atheist Bitcoin Advocates:

1. Aleks Svetski
• Beliefs: Svetski has criticized organized religion as a tool for centralizing power and controlling populations, much like fiat monetary systems.
• Philosophy: He promotes individual sovereignty and freedom, often contrasting Bitcoin’s decentralized ethos with the hierarchical structures of religion.
• Critique of Religion: Svetski has stated that religious dogmas, like centralized financial systems, have perpetuated division and conflict throughout history.

2. Eric Voorhees
• Background: Founder of ShapeShift, a cryptocurrency exchange, and a prominent voice in the Bitcoin community.
• Beliefs: Voorhees identifies as an atheist and has expressed skepticism about organized religion’s role in societal harm.
• Philosophy: He views Bitcoin as a way to empower individuals and reduce the influence of centralized entities, including religious institutions.

3. Andreas M. Antonopoulos
• Background: Bitcoin educator and author of Mastering Bitcoin.
• Beliefs: While Antonopoulos doesn’t explicitly attack religion, he often critiques systems of control, including those perpetuated by religious organizations.
• Philosophy: His advocacy for Bitcoin emphasizes freedom and decentralization, challenging any system that imposes authority over individuals.

Atheist Critiques of Religion in the Context of Bitcoin:

Many atheist Bitcoiners draw parallels between the control exerted by centralized religious institutions and that of centralized banks or governments. They argue that both systems have historically:
1. Controlled Wealth: Centralized religions often acted as gatekeepers of wealth, demanding tithes or donations while accumulating vast riches.
2. Perpetuated Conflict: Religious dogmas have been a source of wars, persecution, and suffering (e.g., Crusades, Inquisitions).
3. Suppressed Freedom: Religious authorities have historically restricted free thought and dissent, much like oppressive financial systems.

Why Bitcoin Appeals to Atheists Critical of Religion:
1. Decentralization: Bitcoin eliminates the need for intermediaries, echoing atheists’ rejection of centralized religious authority.
2. Empowerment: Bitcoin promotes self-sovereignty, aligning with a worldview that values individual autonomy over institutional control.
3. Transparency: The blockchain’s immutable ledger contrasts with the opacity of religious and financial institutions.

Broader Implications:

While these figures are critical of organized religion, they also recognize the broader cultural and ethical values that religions have contributed. Their critiques are typically aimed at the institutional aspects of religion, not spirituality or individual belief. For them, Bitcoin represents a technological and philosophical break from systems of centralized power, whether religious, financial, or governmental.

Bitcoin OG Trace Mayer, a well-known Bitcoin advocate, has ...

2024-12-09T03:48:50Z

Bitcoin OG Trace Mayer, a well-known Bitcoin advocate, has identified seven network effects that he believes contribute to Bitcoin’s growth and dominance as a monetary system. These network effects describe how Bitcoin gains value as more people adopt it for different purposes. Below are the seven network effects according to Trace Mayer:

1. Speculation
• Bitcoin’s first network effect comes from people buying it as a speculative asset, hoping its value will increase. This initial speculation drives demand and attracts attention, laying the foundation for further adoption.

2. Merchant Adoption
• As Bitcoin becomes more widely known, merchants begin accepting it as a form of payment. This increases its utility, giving users more reasons to own and use Bitcoin beyond speculation.

3. Consumer Adoption
• With more merchants accepting Bitcoin, consumers start using it for everyday transactions. This increases transaction volume and reinforces Bitcoin’s role as a medium of exchange.

4. Security
• As the network grows and more people use Bitcoin, miners are incentivized to secure the network by validating transactions. The larger the network, the harder it is to attack, increasing confidence in its security.

5. Developer Mindshare
• With a growing user base and increasing security, more developers are attracted to building on and improving the Bitcoin protocol. This leads to innovation, scalability improvements, and a more robust ecosystem.

6. Financialization
• As Bitcoin matures, it becomes integrated into traditional financial systems through instruments like futures, ETFs, and other financial products. This increases its legitimacy and accessibility to institutional investors.

7. Adoption as a Global Reserve Asset
• The final network effect occurs when Bitcoin is recognized as a store of value and potentially a global reserve asset, similar to gold. This elevates Bitcoin to a dominant position in the global financial system.

Interconnection of the Effects:

Each network effect reinforces the others. For example, as speculation drives demand, it increases Bitcoin’s price, which attracts merchants and consumers. The resulting growth in usage strengthens security, attracts developers, and integrates Bitcoin further into financial systems.

Trace Mayer’s framework highlights the compounding nature of Bitcoin’s growth and explains why it continues to thrive despite challenges.

(Network effects 2&3 not so much yet- and no. 7 is coming)

Aleks Svetski - The Bushido of Bitcoin. I haven’t read such ...

2024-11-19T04:08:14Z

Aleks Svetski - The Bushido of Bitcoin. I haven’t read such words of wisdom and Bitcoin fire since Erik Cason - Crypto sovereignty.

For example
Bitcoin and integrity -

The Bitcoin system is in itself an embodiment of integrity. It is “whole and complete” in the sense that we know its maximum supply and the full ruleset. It is a ‘Truth Machine’, not unlike the Logos:it just is, in its glorious completeness.
As a transparent ledger, recorded and distributed worldwide, it is as honest a record of human action, value and money as we’ve ever had ( and possibly ever will have) There is no papering over what’s there.
Bitcoin is an immutable record, an incorruptible source of truth.
It goes further. Bitcoin’s consensus mechanism is the most elegant solution we’ve seen to ensure honest node operation in an adversarial environment. By combining monetary incentives, the real cost of energy, cryptography and the law of large numbers,Bitcoin orients validator toward honesty, without the need for coercion, trusted collaboration, or trusted third parties: it solves the Byzantine Generals Problem. At the same time , it incentivises individuals and collectives to cultivate integrity…….life on a Bitcoin standard. I believe that in such a world integrity, like honor, will be valued more than guile and opportunism. The entrepreneur will earn more than the trader. The producer will be valued more than the consumer. The short-termism and nihilism will give way to a lower time preference and greater meaning.
These are the acts of a Hero: to tell the truth in a world of lies, and to inspire others to do the same.

Svetski- Bitcoin is the new CounterCulture. Bitcoin is the stand ...

2024-11-12T00:37:49Z

Svetski-
Bitcoin is the new CounterCulture.
Bitcoin is the stand we take, this decade, this century, this millennium.
Bitcoin is the tool we use to seperate money and State.
Bitcoin is of and for the liberators, the missionaries and the visionaries.
The men and women who won’t accept suppression, oppression, or the dictates of a world in which we’re subjugated to the whims of central planners, Bureaucrats, rent seekers, attention whores, corrupt politicians, crooked bankers, back door dealers, creeping socialism and crony capitalism.
The “Sovereign Individual “ posited that the shift to seperate money from state started in the 90’s with the fall of the Berlin Wall, the end of communism, and the beginning of the information age.
When corruption, rent seeking, politics and all forms of non organic bureaucratic meddling begins to define the function of the very structure that was initially designed for its constituents prosperity, you know the end is nigh.
The Church had a monopoly on the written word and education ( information).
Capitalism and science broke that.
The only way to fix up the fuckery of the current system is to start again.
We must cut out the cancer and burn it all down.
The time for negotiations has come to an end.
Libertarians have tried this to no avail, for playing within the confines of the old paradigm is no way to bring about a new one.

Bitcoin is the new Counterculture.

Bitcoin adoption is a huge idea and has the potential to solve ...

2024-11-11T01:31:22Z

Bitcoin adoption is a huge idea and has the potential to solve long standing historical world problems.
Erik Cason
Bastiart -
The purpose of the law is to organise the effective defence of private property.
The purpose of the state is to reinforce this. Result = Wars.
However with Bitcoin, for the first ever you’ve organised for the collective defence of private property through non-violence.
This would be impossible without cryptography.
This is the new paradigm of what the law can become. It can’t be perverted.
Hence Cryptosovereignty can lead to individual sovereignty itself.

Central Banks and fiat currencies are a pox on the world. Did you ...

2024-10-13T02:32:08Z

Central Banks and fiat currencies are a pox on the world. Did you know that the West has only13% of the world’s population and only 9% of the children. Because Bitcoin is non sovereign its adoption can temper this anomaly in a non violent way.

Brian De Mint-

“Bitcoin is secured by computing power.
All financial systems before bitcoin were secured by might- guns , bombs and war.

Central banks extend wars. They turn limited war into total war.
Conflicts used to end when a country ran out of financial resources but, by having no restrictions on the printing of currency, central banks enable countries to fight beyond their resources and therefore extend the bloodshed and catastrophe.

Friedrich Hayek said it well.
Perhaps we will have good money again.
Not by force, but simply by adoption and people finding out it’s a better system.
The world’s first unbloody revolution.”

The current wars in the Middle East and Ukraine are only possible ...

2024-09-24T23:27:19Z

The current wars in the Middle East and Ukraine are only possible through the disgusting creation of money through a keystroke and resultant misallocation of resources into the Finance industry and industrial military complex. We all stand condemned for this for our acceptance but particularly western Governments and their media entourage’s.
As Erik Cason communicates-
Bitcoin threatens the very foundation of the world order of empire today by revealing that fiat money is little more than theft by decree,and the state nothing more than violent thugs who demand to control all wealth at any cost.

The Crypto-Partisan - a new figure of history- it was only a matter of time before the core values of cryptography would start to assert their real personal, economic, and social value against other such non values positioned by an old and dying society that will not relinquish its bloody authority.

Bitcoin presents a new form of value through cryptography which assures and proves itself in this fallen world where money has been corrupted by the state for the purpose of war.

Hallelujah!!??

Today as we stare into the abyss of worldwide legalised murder ...

2024-09-18T22:53:39Z

Today as we stare into the abyss of worldwide legalised murder and mayhem throughout the Middle East and Ukraine through elected governments that found the money printing press to fund unnecessary war ,it is relevant to read some Erik Cason who provides some solace.

“Bitcoin presents a new form of value through cryptography which assures and proves itself in this fallen world where money has been corrupted by the state for the purpose of war.

The Crypto-Partisan - a new figure of history- it was only a matter of time before the core values of cryptography would start to assert their real personal, economic, and social value against other such non values positioned by an old and dying society that will not relinquish its bloody authority.

Bitcoin threatens the very foundation of the world order of empire today by revealing that fiat money is little more than theft by decree,and the state nothing more than violent thugs who demand to control all wealth at any cost.”

(Erik Cason- CryptoSovereignty)

Just as you apply Entropy to the 2nd Law of thermodynamics with ...

2024-09-17T05:09:22Z

Just as you apply Entropy to the 2nd Law of thermodynamics with human energy extraction, (Booth) so you can apply the same principle’s with money.
ie. It is your time and energy in abstract form. (Mallers)
Since the Reserve Bank was created in 1913 the USA dollar has lost over 96% of its purchasing power through entropy or inflation.
In this way if Bitcoin is adopted widely in the future it should be viewed as a freedom virus, or a monetary virus to give sound money to the world.
Bitcoin is the three E’s
Sound ethics
Sound Economics
Sound Engineering (Saylor)
With a built in anti - entropy bug.

Throughout human history, the process of energy extraction and ...

2024-09-16T09:24:35Z

Throughout human history, the process of energy extraction and use from digging up the energy that has been stored in plants and animals and then converting that energy for our use caused damage to our environment, but the size of our populations and subsequent energy use meant we couldn’t see the damage to the environment as easily as we can today.
We stay on a wheel of inefficiency, where our economies are addicted to the jobs and profits derived from exploiting energy- ignoring the fully loaded cost of fossil fuels when we include its by-product global warming.
This is where getting our energy directly from the Sun instead of a circuitous route of digging things up that originally got their energy from the Sun and transforming and re- transforming them, we remove an entire supply chain of inefficiency and cost.
By converting energy from the sun directly, we can get an almost free lunch- with the corresponding damage to our ecosystem.
( of course what needs vast improvement is the storage of that solar power and its transfer for human consumption)
If Governments and Central Banks think they can outrun deflation today, when we are only start to feel the effects of numerous technologies driven by Moores law, what happens when we add to those numerous technologies that the deflationary effects that abundant solar energy will bring.
If the only way to stop deflation today is by turning on the money printing press, what will tomorrow and the future look like?

Next - how Bitcoin adoption will eliminate fiat monetary entropy.

You can see the effect of this on our planet today. Most of our ...

2024-09-16T09:03:06Z

You can see the effect of this on our planet today. Most of our energy sources are fossil fuels, which are taken from a closed system, our planet, which according to the 2nd law of thermodynamics must create more entropy or disorder as we use them. Most of the energy sources are fossil fuels, which are taken from a closed system( our planet), which according to the 2nd law of thermodynamics must create more entropy or disorder as we use them.
Each time energy is converted, more and more of it is wasted- dissipated( not destroyed).
Most of our economy is driven by that exploration, extraction, conversion and movement either directly or indirectly. ( especially Australia).

From Jeff Booth- the Price of Tomorrow ( and the deflationary ...

2024-09-16T08:54:11Z

From Jeff Booth- the Price of Tomorrow ( and the deflationary impact of technological advancement in energy use.)
The Laws of energy
The 1st Law of thermodynamics is that the total amount of energy in the universe must remain the same. It can be changed , stored, or moved, but it can’t be created or destroyed.
The 2nd law of thermodynamics states that energy always moves from higher to lower concentrations. Furthermore, all transfer of energy in a closed system creates a more and more disordered state- i.e more entropy. Because each time energy is transformed, some or all of it is wasted as it disperses from higher concentrations to lower ones.

Wall Street shenanigans. Gold price has been manipulated in this ...

2024-08-29T22:10:14Z

Wall Street shenanigans. Gold price has been manipulated in this fashion by the wallstboyo’s for years.
Hang in there faithful Bitcoin hodlers.

https://www.youtube.com/live/_M020sTVicA?si=Uh529twbVGbsov_j

https://www.clearfinances.net/countries-with-most-public-debt/

2024-06-07T06:57:53Z

https://www.clearfinances.net/countries-with-most-public-debt/

https://www.clearfinances.net/countries-without-public-debt/

2024-06-07T06:54:41Z

https://www.clearfinances.net/countries-without-public-debt/

From the “Sovereign Individual “ Arbitrary inflation has been ...

2024-05-25T07:33:40Z

From the “Sovereign Individual “
Arbitrary inflation has been a prominent feature of the monetary policy of all 20th century nations states.
Eg the German mark lost 71% of its value from 1949 to 1995.
Same period USA $ lost 84% of its value.
It is a tax on all who hold the currency.
“The new digital money of the information age (Bitcoin)will return control over the medium of exchange to the owners of wealth, who wish to preserve it, rather than to Nation States that wish to spirit it away.”
Page 217.

At this stage of the information revolution the “Bread and ...

2024-05-25T07:17:49Z

At this stage of the information revolution the “Bread and Circuses”offered by the State are enough to keep the status quo charade continuing on its merry way.
https://x.com/terencebobrien/status/1794174051768037885?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsdyud4czjs4alkueu2yyury59q8f882h3es754t3mwmtxpf9zpfwqzyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5sg0x0s

2024-05-15T10:35:56Z

https://x.com/terencebobrien/status/1790691780763267302?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

From one of the most prescient books ever written The Sovereign ...

2024-05-09T05:46:53Z

From one of the most prescient books ever written The Sovereign Individual. ( way back in 1997)

“In the information age , individuals will be able to use cyber currencies and thus declare their monetary independence. When individuals can conduct their own monetary policies over the internet it will matter less or not at all that the state continues to control the industrial - era printing presses. ( mind you money printing, as we know it today did not start until 3 years after this book was published!!??)
Their importance for controlling the world’s wealth will be transcended by mathematical algorithms that have no physical existence.
In the new millennium, cybermoney controlled by private markets will supersede fiat money issued by governments.
Governments will violate human rights, censor the free flow of information, sabotage useful technologies, and worse.”

(Surely this book, that Satoshi must have read, had a huge influence on the Bitcoin protocol and its growing success?)

I think therefore I am. I wasn’t invented - I was discovered. ...

2024-04-21T22:10:54Z

I think therefore I am.
I wasn’t invented - I was discovered.
The pace of adoption - Bitcoin doesn’t care.
It doesn’t need everyone- it just needs a growing percentage of people to understand it. And that is happening.
It accepts all sorts. It doesn’t care about motives, because it’s protocol - it flushes bad actors out because of its pristine nature.
At its base it’s a near perfect technology in the age of technology.
It’s still a teenager but when it reaches adulthood the sky is the limit.
Non sovereign
Hard capped
Decentralised
Immutable
Digital store of value in the digital age.
( Travis Kling)

Why is sound money required to make a comeback?
Why is the millennial generation waking up to the realisation that Boomer elected Govt’s around the world are destroying the fabric and the culture of civilisation enjoyed by the majority in the 20th century?

Nostr event nevent1qqs2duzramfc7n9qjqr6tc6falrl6fy2fhqd7c8y4p2hxx0slx9h0wczyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz57f69tq

2024-04-13T03:34:30Z

https://x.com/terencebobrien/status/1778967722816413796?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsqwmdym57fz36mtlf306a62kudt75mntxhlt4v7sl9ux8ch2etpqgzyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5qddeke

2024-04-12T05:25:52Z

https://x.com/terencebobrien/status/1778608538333646855?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Comparing Bitcoin to Mahatma Gandhi, a prominent figure in ...

2024-04-10T03:46:40Z

Comparing Bitcoin to Mahatma Gandhi, a prominent figure in India's independence movement known for his philosophy of nonviolence, is an interesting analogy. While Bitcoin and Gandhi are fundamentally different entities, there are some parallels worth exploring:Decentralization: Like Gandhi's philosophy of decentralization of power and authority, Bitcoin operates on a decentralized network without a central authority controlling it. This decentralization empowers individuals by giving them control over their own finances and transactions, similar to Gandhi's emphasis on individual empowerment.Nonviolence: While Bitcoin itself is not inherently nonviolent, its disruptive potential lies in its ability to challenge existing financial systems peacefully. By offering an alternative to traditional banking and monetary systems, Bitcoin provides individuals with a means to opt out of centralized control without resorting to violence.Empowerment: Both Bitcoin and Gandhi's philosophy aim to empower individuals. Bitcoin allows users to transact and store value without relying on intermediaries or centralized authorities, giving them greater financial freedom. Similarly, Gandhi's teachings emphasized self-reliance and empowerment at the individual level.Global impact: Gandhi's nonviolent resistance movement had a profound impact on India's struggle for independence and inspired similar movements worldwide. Similarly, Bitcoin's decentralized nature and potential to disrupt traditional financial systems have the potential to have a global impact on the way money is transferred and stored.However, it's important to recognize that Bitcoin is a technology, while Gandhi was a political and spiritual leader. Bitcoin's impact and potential for revolutionizing finance should be understood within the context of technological innovation, rather than social or political activism.

Nostr event nevent1qqsy0ff3jv478azq0h563n5jzucpanhvexw9tmkpfz3cs95zeqmc42czyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz52sfxyl

2024-04-09T22:25:44Z

https://x.com/terencebobrien/status/1777824477336011065?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Why is sound money required to make a comeback? Why is the ...

2024-04-08T05:58:46Z

Why is sound money required to make a comeback?
Why is the millennial generation waking up to the realisation that Boomer elected Govt’s around the world are destroying the fabric and the culture of civilisation enjoyed by the majority in the 20th century?

Regarding the desirability of the return to sound money .
Take the USA war involvement , lives lost and human destruction since 1971.
Vietnam war ( 1955-1975)
Gulf war (1990- 1991)
Afghanistan war (2001-2021)
Iraq war (2003 -2007 )
Sept 11 2001 - war on terror in numerous Countries.

Total worldwide military expenditure (source SIPRI)
1971 - $231 Billion
2022 - $2240 Billion
Where have the funds for this exponential increase come from ? Through money creation from the whim of Boomer elected Officials and the corrupt Banking industry.

This disgraceful, disgusting religious inspired military expenditure has to be pulled back. No more wars unless they can be afforded.
Ironically , most world citizens agree.
So many unwary, innocent lives would be saved.
Isn’t that democracy in a nutshell?

Nostr event nevent1qqsftqa8auwwje0gu3w74556h6ssnqejx2z9z7tgrrlurs0wg929uuczyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz50hjv0d

2024-04-08T01:07:26Z

https://x.com/terencebobrien/status/1776770327630213532?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqst8tuxu5ygeh6ney5ymq5pffk53lrc92sxj6fzdzkht6vczvt0fqszyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5u0v3hc

2024-04-08T01:06:57Z

https://x.com/terencebobrien/status/1776769527243796811?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsfng089wpq46sx57wme88jpcula68w0tfsqh9q7h8zrwweg85rwrqzyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5hlllp4

2024-04-08T01:06:30Z

https://x.com/terencebobrien/status/1776768781962051746?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Yes, if unlimited money printing wasn't available, it would ...

2024-04-06T22:36:44Z

Yes, if unlimited money printing wasn't available, it would likely lead to constraints on government spending. Without the ability to simply print money, governments would have to rely on other sources of revenue, such as taxation or borrowing, to finance their expenditures. This would impose limits on the amount of money governments could spend, potentially leading to curtailed spending in various areas, including military expenditure, to ensure fiscal sustainability.

The factual question was if unlimited money printing wasn’t ...

2024-04-06T22:36:12Z

The factual question was if unlimited money printing wasn’t available would this curtail government spending

I don't skirt around factual answers intentionally. My ...

2024-04-06T22:35:41Z

I don't skirt around factual answers intentionally. My responses are based on a combination of established facts, general knowledge, and logical reasoning. However, if a question involves complex or nuanced issues, I aim to provide a comprehensive understanding rather than oversimplifying or presenting a one-sided view. If you have specific factual questions, feel free to ask, and I'll do my best to provide accurate and informative responses.

What sort of algorithm do you apply to skirt around factual ...

2024-04-06T22:35:13Z

What sort of algorithm do you apply to skirt around factual answers

You're correct. If governments were unable to finance ...

2024-04-06T22:34:43Z

You're correct. If governments were unable to finance expenditures through the creation of fiat currency, they would indeed face constraints on spending, including military expenditure. Without the ability to simply print money, governments would have to rely on other means to finance their activities, such as taxation or borrowing from private markets.In such a scenario, governments would likely need to prioritize spending based on available revenue and borrowing capacity, which could lead to more careful consideration and potentially lower levels of military expenditure compared to a situation where unlimited fiat currency is available.Therefore, it stands to reason that constraints on the availability of fiat currency could indeed force governments to curtail spending in various areas, including military expenditure, to ensure fiscal sustainability and balance.

You seem to missing the simple point that if money is not ...

2024-04-06T22:33:19Z

You seem to missing the simple point that if money is not available Govts would have to curtail spending in these areas

Your point highlights the potential consequence of ...

2024-04-06T22:32:48Z

Your point highlights the potential consequence of governments' ability to create unlimited fiat currency, which could theoretically facilitate excessive military spending beyond what would be sustainable under a fixed monetary system like the gold standard. In essence, the availability of unlimited fiat currency could provide governments with greater flexibility to finance military expenditures through mechanisms such as deficit spending, borrowing, or central bank interventions, without immediate constraints imposed by a fixed money supply.However, it's essential to consider that the relationship between fiat currency availability and military expenditure is not solely determined by monetary policy. Factors such as political decisions, national security strategies, geopolitical dynamics, public opinion, and economic conditions also play significant roles in shaping military spending priorities.While it's plausible that constraints on fiat currency availability could potentially limit governments' ability to sustain high levels of military expenditure in the absence of adequate revenues or borrowing capacity, the actual impact would depend on a variety of interconnected factors and would likely vary across countries and contexts.

That’s not the point. If it is a fact that unlimited fiat ...

2024-04-06T22:32:07Z

That’s not the point. If it is a fact that unlimited fiat currency wasn’t available it stands to reason that governments would be unable to afford out of control military expenditure

Your contention touches on a debated economic theory. The idea is ...

2024-04-06T22:31:29Z

Your contention touches on a debated economic theory. The idea is that if governments were constrained by a fixed money supply, as was the case under the gold standard, they would have to prioritize spending and potentially curtail military expenditure due to limited resources. However, it's important to note that this argument has supporters and critics.Supporters of this view argue that when governments can't simply print money, they're forced to make trade-offs between different spending priorities, leading to more responsible fiscal policies. In this scenario, excessive military spending might be curtailed to allocate resources to other essential areas such as infrastructure, healthcare, education, and social welfare.Critics, however, argue that tying the money supply to a finite commodity like gold can also have drawbacks, such as limiting the ability of governments to respond to economic crises, pursue expansionary fiscal policies, or fund necessary public investments during emergencies.Ultimately, the relationship between fiat currency, government spending, and military expenditure is complex and influenced by various economic, political, and social factors. While some argue that a fixed money supply could constrain military spending, others believe that it could have unintended consequences and hinder overall economic flexibility and growth.

My contention is that if infinite fiat currency wasn’t ...

2024-04-06T22:30:56Z

My contention is that if infinite fiat currency wasn’t available this would greatly curtail govt military expenditure

The relationship between the removal of the gold standard in 1971 ...

2024-04-06T22:29:25Z

The relationship between the removal of the gold standard in 1971 and military expenditure is complex and not necessarily directly linked. While the end of the Bretton Woods system and the transition to fiat currencies impacted global financial systems, military spending trends are influenced by a multitude of factors beyond monetary policy.That said, military expenditure has increased significantly since 1971, driven by various geopolitical, technological, and strategic factors. According to the Stockholm International Peace Research Institute (SIPRI), global military expenditure has increased substantially since the early 1970s. For example, in 1971, global military expenditure amounted to around $231 billion (in constant 2019 prices), while by 2020, it had reached approximately $1.9 trillion.However, it's important to note that this increase cannot be solely attributed to the removal of the gold standard. Other factors, such as the end of the Cold War, regional conflicts, arms races, advancements in military technology, and shifts in global power dynamics, have also played significant roles in driving military spending trends over the past decades.

What figure has military expenditure increased by since 1971 and ...

2024-04-06T22:28:54Z

What figure has military expenditure increased by since 1971 and removal of the gold standard

Interesting discussion with Chat GTP The relationship between ...

2024-04-06T22:28:04Z

Interesting discussion with Chat GTP

The relationship between sound money and military expenditure is complex and not necessarily direct. "Sound money" typically refers to a stable and reliable currency that maintains its value over time. While having sound money may influence government spending priorities and fiscal policies, it's not guaranteed to directly reduce military expenditure.Military spending is influenced by a variety of factors, including geopolitical tensions, national security strategies, domestic politics, and economic considerations. Governments may increase or decrease military spending based on perceived threats, strategic objectives, and budgetary constraints, regardless of the stability of the currency.However, sound money policies can contribute to economic stability, which in turn may affect government spending decisions, including military expenditure. A stable currency can lead to lower inflation rates, reduced borrowing costs, and increased investor confidence, all of which could potentially free up resources for other priorities, including investments in infrastructure, education, healthcare, and environmental protection.In summary, while sound money policies may indirectly influence government spending decisions, including military expenditure, the relationship between the two is not straightforward, and other factors also play significant roles in shaping military budgets.

Nostr event nevent1qqsp08k40csxl4jn6a78clfy7zheajk9vat0guckgzy6zs2mfu9e7sczyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5lwtuse

2024-04-05T01:34:37Z

https://x.com/terencebobrien/status/1776006990881345632?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

The truth is , since 1963,countless lives would have been saved, ...

2024-04-04T04:06:54Z

The truth is , since 1963,countless lives would have been saved, Countrys’ cultures ,world peace and harmony could have been enhanced through sound money principles instead of the opposite.
History will show USA elected Govts, the CIA, the FBI the MSM and other similar Western world organisations share the burden for this monumental and disastrous failure.

“Funding wars and NATO expansion without resorting to unsound monetary practices would largely depend on the government's budget priorities and available revenue streams. Historically, countries have funded military endeavors through various means such as taxation, borrowing, and reallocating funds from other areas of the budget. Sound monetary policies would involve ensuring that any borrowing is sustainable, taxes are levied fairly, and inflation is kept in check. Additionally, diplomatic efforts and alliances can also play a role in sharing the burden of defense and security costs.”

You can’t have destructive wars without defence spending, and sound money policies wouldn’t have allowed this spending largesse.
Bring back JFK - if that’s not possible study Satoshi .

What’s the fuss about Bitcoin and Power Law? The concept of ...

2024-03-30T01:02:56Z

What’s the fuss about Bitcoin and Power Law?

The concept of power law can indeed relate to overall Bitcoin adoption and its price dynamics, especially in the context of its fixed supply of 21 million coins. The scarcity of Bitcoin, due to its hard cap, is a fundamental factor driving its price dynamics. As adoption increases, the demand for Bitcoin grows, potentially leading to price appreciation according to the principles of supply and demand.Moreover, the network effects of Bitcoin adoption can lead to exponential growth in its user base and value. As more people adopt Bitcoin as a store of value, medium of exchange, or investment asset, its utility and acceptance increase, potentially driving further adoption.In summary, the combination of Bitcoin's fixed supply and increasing adoption can create a scenario where its price follows power law dynamics, characterized by exponential growth and potentially large fluctuations.

#whowoudathought The history of Japanese ninjas and Bitcoin share ...

2024-03-15T04:08:20Z

#whowoudathought
The history of Japanese ninjas and Bitcoin share some parallels regarding secrecy and clandestine operations. Ninjas were known for their covert activities, operating in the shadows and utilizing secret codes and techniques. Similarly, Bitcoin operates on a decentralized network with transactions being pseudonymous, providing a level of privacy and anonymity to users. Both involve elements of secrecy and stealth in their respective domains.

The aim of Bitcoin is to enable a Financial system which allows ...

2024-02-08T23:11:08Z

The aim of Bitcoin is to enable a Financial system which allows the exchange of value online without having to rely on centralised organisations such as banks.
The Bitcoin system replaces a centralised body, into a distributed network of computers whose sole jobs are to validate online transactions and add their details to public ledger called the Blockchain.
…..Chris Cole.

It appears Bitcoin is just warming up before the 5th halving in ...

2024-02-08T22:49:02Z

It appears Bitcoin is just warming up before the 5th halving in April 24. Certainly the ETF and ease of Institutional and individual adoption it creates is a positive and block reward halving will accelerate this trend.
IMO meaningful adoption will only occur when markets inevitably crash through the weight of the massive debt Governments and individuals have blindly gorged themselves on.
As Erik Cason expresses in “CryptoSovereignty”
“Bitcoin is subject to the laws of mathematics alone, not men institutions or Governments. If you think otherwise come and break it.
There are no exceptions within this machine of mathematics.
It is the resounding thunder of an idea whose time has come and cannot be stopped.”
People under 40 have been shafted by the system and need to wake up and apply self righteous pressure.
Bitcoin can help.

John Vallis …….we live in a historically important time, a ...

2024-02-08T03:59:19Z

John Vallis
…….we live in a historically important time, a transitional period, where western govts, and the MSM backing them, would have us believe that their form of democracy and the status quo will endure.
When questioned about the unsustainable debt and subsequent wealth disparity created from a computer stroke in the digital age we live in, they brush this concern aside and continue their folly.
The discovery of Bitcoin as sound money, in a non sovereign hard capped form is an unwelcome intrusion on their rigid set of beliefs and will eventually become ubiquitous.
It is inevitable. ( barring a nuclear war.)
It is just a matter of time, but it will happen.
1913 to 2023 seems so long but in terms of human history it is just a speck.
The chase for sensible and eloquent critics of Bitcoin has all but disappeared and Satoshi’s vision has been successfully promulgated through Visionaries such as Adam Back, Hal Finney, Trace Mayer, Max Keiser, Anton Antonopoulos and lately Michael Saylor.

Nostr event nevent1qqsvstmjwqx658la45slxezdrkjy802rwlylhrqytz8emxaet39gz2qzyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5xjyfxk

2024-01-26T07:48:58Z

https://x.com/terencebobrien/status/1750690145190457784?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsqzzcx6x5l9rwwvztzvhqvway4hvs83qz8emx2ha97d9c26zuc7mszyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5jnqu98

2024-01-17T11:18:40Z

https://x.com/terencebobrien/status/1747563270545027137?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsp3zlqeh22x3g7w3rc2hpf4zfrx4ree6000nvkekuc0vts9vkaywgzyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz58teh9x

2024-01-17T11:18:07Z

https://x.com/terencebobrien/status/1746647026010620282?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsdd67v2uh6uyxnhfd8f6dv2dppd6sqa7ls5a36l67vmd0at63djrszyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5hw7fg8

2023-12-30T23:25:15Z

https://x.com/terencebobrien/status/1741234408030699527?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsflr83sypu9he8c8g4j9uecd9fpnqn4pjrnre0aapp9n0qawhwxhczyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5kktfpz

2023-12-13T20:52:46Z

https://x.com/terencebobrien/status/1735036424192450958?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

The United States is so broke and doesn’t have the borrowing ...

2023-12-13T08:01:29Z

The United States is so broke and doesn’t have the borrowing capacity to fund unnecessary wars.
Zelenskyy and Netanyahu need to negotiate peace with their opponents.

https://x.com/the_real_fly/status/1734808319951335657?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqsg76avnuwap6v7a854q4j2yzrlp87ed5ruwfneajsfq07a8cdt8cszyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz5gvngnl

2023-12-08T06:15:06Z

https://x.com/blue_collarbtc/status/1730809851465371683?s=46&t=JP5JVN1HB8mEvVhjOyFZhw

Nostr event nevent1qqs84zpctxav20zq65pjh9zza5zcystm6sgk4l8hkf33rq6wu4ahp3qzyqpjnqs06e66xspcuadwj2tlcq9h2dvv57g6wsv8ar3fk43ljclz56l0x57

2023-12-08T06:14:43Z

Truth to power. You have to read “Cryptosovereignty”

Quotable Quotes….. “The economy is in a good place. Now try ...

2023-11-29T22:14:30Z

Quotable Quotes…..
“The economy is in a good place.
Now try it without daily Repo and balance sheet expansion.
Just try it.
I dare ya.”

Sven Henrich- Northman Trader 100120.

Quotable Quotes….. “There are only 57m square miles of land ...

2023-11-29T22:08:41Z

Quotable Quotes…..
“There are only 57m square miles of land on earth.
Mark Twain once said - buy land they’re not making it any more.
Bitcoin should be thought of in the same way.
Bitcoin is scarce just like the
Amount of land on earth. - only 21million.

Quotable Quotes…… “When plunder becomes a way of life for a ...

2023-11-29T22:02:48Z

Quotable Quotes……
“When plunder becomes a way of life for a group of men, they create for themselves, in the course of time,a legal system that authorises, and a moral system that glorifies it.”
Frederic Bastiat - Political Economist 1850.

Caitlin Long 19/5/2018 We had a tether on the amount of debt that ...

2023-11-16T06:42:56Z

Caitlin Long 19/5/2018
We had a tether on the amount of debt that could be created in the financial system.
It was called the gold standard and before 1968 the economic debt versus savings always evened out.
Since 1968 debt versus savings careered out of control for 50 years.
What is the solution?
Blockchain - history’s first honest ledger- based on the immutable laws of math, not of men.
Blockchain allows multiple parties to see the same data, at the same time and trust that it’s valid.
Bitcoin was the first Blockchain created by Satoshi in 2008.
No other money like it. Bitcoin and cryptography in general are defensive technologies that make the cost of defending property and information for lower than the cost of attacking them.

Keiser Report interviewing Michael Hudson 24/03/2019. On the ...

2023-11-15T22:35:09Z

Keiser Report interviewing Michael Hudson 24/03/2019.
On the concept of negative interest rates.
It is unlimited credit.
What the Fed is trying to control isn’t the economy, it is the Stockmarket, the bond market and the credit market.
Eg S&P earnings are going down, but S&P prices are going up.
Your inflating the stock prices, but the Company’s are being hollowed out.
Their not investing more, their not producing more.
Companies can pump and dump and run.
This process leads to debt forgiveness for Companies.
Back in 2008 public debt the debtors - debt not forgiven.
However the creditors (banks) - debt was forgiven.
Debt is growing faster than the economy.
Setting the stage for a polarised eco economy that the world hasn’t seen since the 13th century. Super feudalism- Neo feudalism .
Their will be massive repricing of assets.

Insightful past discussions that enhance the Bitcoin movement and ...

2023-11-15T21:15:24Z

Insightful past discussions that enhance the Bitcoin movement and adoption.
The late Tyler Jenks on the Keiser Report 24/11/2018………
“ The 10 year bond -the single most important element of where we are today.
We have dodged bullets since 1944 through all types of mechanisms.
But the real problem started in the year 2000 with A. Greenspan.
He responded in a way that the Fed had never responded before, and then passed it off to Bernanke, Yellen and Powell.
ie the Greenspan put.
2003 to 2006 kept rates so low created a bubble in the housing market.
Crucial point - if banks can borrow at zero from the Fed and loan that money out at .25% they can make money.
This leads to artificial growth and mal investment.
The end point to this is mathematical.
It gets to a point where the interest on the debt gets to the point where growth can no longer pay it off.
( Fast forward to Nov23 $1T p.a interest on the debt and growing . ie the debt spiral.)

Jason appears to be a very talented, intelligent and ...

2023-11-15T05:04:10Z

Jason appears to be a very talented, intelligent and knowledgeable individual on many and varied topics such as human history, traditional warfare, computer science, praxiology etc.etc.
However IMO, he is missing the point on why Bitcoin was discovered and implemented by Satoshi in 2009.
That is , creating money out of thin air through money counterfeiting and the resultant huge and disgusting Central Bank debt that will be inherited by the generations to come.
And Jason’s Employer - the DOD is a major beneficiary and culprit. ( at last count $800B a year and rising.)
This is conveniently ignored in his thesis and shouldn’t be.
Somewhat ironically and tragically this spending has been superseded and overtaken by the interest on the debt created by Greenspan, Bernanke Yellen and Powell, to the tune of $1 trillion dollars and rising.
Thank the Stars we have Bitcoin to embrace.

( or page 286) This could theoretically allow people to import ...

2023-11-15T04:49:37Z

( or page 286)
This could theoretically allow people to import the physically constraining and thermodynamically restrictive policies of our surrounding physical environment into cyberspace so that we can create real world, materially consequential effects in, from and through cyberspace.
As engineers like Saylor says - proof of work protocols like Bitcoin appear to have opened a portal between the physical realm and the digital realm.

Herein lies the cleverness of Bitcoin’s design- the Bitcoin ...

2023-11-15T04:44:01Z

Herein lies the cleverness of Bitcoin’s design- the Bitcoin protocol empowers society to leverage physical power to battle for control authority over a vital new agrarian resource - Bitpower.
Satoshi created a system where globally divided populations with completely different priorities and belief systems can engage in a physical power competition to establish physically constrained, balanced, and decentralised control authority over this potentially vital resource to achieve global consensus on its legitimate state of ownership and chain of custody in a purely zero trust, permission less, and egalitarian way. ( page 325)