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Hedraios
hedraios@nostrplebs.com
npub1pt89...430z
#Bitcoin 🐇🕳️ ⚡️ [Keet.io] [Umbrel] [✝️ 📖]
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Hedraios 2 years ago
“Music is everything…” “An intonation of transcendence…” image
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Hedraios 2 years ago
I ordered 500 1-inch vinyl bitcoin logo stickers from StickerMule. I place them nicely and attractively next to the Visa/Mastercard logos on Point-of-Sale terminals, ATMs, my fiat bank drive-through drawer, gas pump credit card readers, etc. when I’m out and about. image
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Hedraios 2 years ago
He dreamed of a ship in the world That would carry his father and he To a place they could never be found To a place far away from this town A Newcastle ship without coals They would sail to the island of souls image
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Hedraios 2 years ago
Data integrity is critical in engineering, mathematics, architecture, relationships. Warped, faked or incomplete data leads to product failure, marriage failure, bridge failure, roof failure. This is the flaw of Fiat money. Fiat presents facade of value yet it is detached from actual market conditions. Declaring a data set to be accurate does not make it so. Bitcoin offers a valuable foundation for data of every kind; it is auditable and immutable.
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Hedraios 2 years ago
How Justice speaks to Fiat: “Do you expect me to overlook obscene wealth you’ve piled up by cheating and fraud? Do you think I’ll tolerate shady deals and shifty scheming? I’m tired of the violent rich bullying their way with bluffs and lies. I’m fed up. Beginning now, you’re finished. You’ll pay for your sins down to your last cent. No matter how much you get, it will never be enough— hollow stomachs, empty hearts. No matter how hard you work, you’ll have nothing to show for it— bankrupt lives, wasted souls. You’ll plant grass but never get a lawn. You’ll make jelly but never spread it on your bread. You’ll press apples but never drink the cider. You have lived by the standards of your king, Omri, the decadent lifestyle of the family of Ahab. Because you’ve slavishly followed their fashions, I’m forcing you into bankruptcy. Your way of life will be laughed at, a tasteless joke. Your lives will be derided as futile and fake.” image
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Hedraios 2 years ago
“Governments at nearly all times and places have been the main beneficiaries of inflation. Rather than protecting society from it, therefore, all of them have sooner or later given in to the temptation of using inflation for their own purposes. First they stopped combating it. Then they facilitated it, encouraged it, and finally promoted it with all their powers.” ----- Excerpt from The Ethics of Money Production Chapter 7: Enters the State: Fiat Inflation through Legal Privileges Part 1: Treacherous Clerks Jörg Guido Hülsmann
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Hedraios 2 years ago
IMO, whoever in gov’t that decided an entire US state should simultaneously receive a BLARING TEST OF THE EMERGENCY BROADCASTING NETWORK AT 4:46 AM BLASTING THROUGH THEIR CELLLPHONE SPEAKERS should face negative consequences.
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Hedraios 2 years ago
"Returning the Guard Dog to Its Chain?" ________ Does it make sense, in the specific context of Bible-based Christianity [defined by the teachings of the Old and New Testament, let's say], to liken the role of government to a chained-up junkyard guard dog? I.e., governing authorities are to defend [not seize] specific territory [namely, the lives and property rights of the citizens] by punishing or even killing evil aggressors. When the government uses its "sword" to steal from its own citizens [fiat, legally enforced monetary monopolies, money printing] it's like a junkyard guard dog getting off its chain leash and indiscriminately tearing into people instead of protecting only its area of responsibility. #Bitcoin puts the chain back on. It restrains the government's power, monetarily. _______ "...The only way for the people to keep their government in check was to control the government’s resources. If the government needed more money, therefore, it should approach the citizens to pay higher taxes. Inflating the money supply provided it with more resources than the citizens were ready to contribute..." Ludwig von Mises, Theory of Money and Credit (Indianapolis: Liberty Fund, 1980), pp. 466–69. image
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Hedraios 2 years ago
“However, to the smaller blockers, Bitcoin was not a business, nor a payment system taking on VISA, Paypal and Mastercard. It was a new form of money, something far more ambitious and potentially far more transformational to society and the economy. It was taking on central banks. In general, small blockers had nothing against Bitcoin becoming a fast and cheap payment system; it just came second behind their main priority, which was a robust and new form of money.” Excerpt from "The Blocksize War: The battle for control over Bitcoin’s protocol rules" by Jonathan Bier
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Hedraios 2 years ago
Powerful line of thought from #[0] ..... We put laws in place — the Magna Carta, Constitution, Bill of Rights, etc. — to essentially protect us, the individuals, from the state. By doing that, the states that did that, had more productivity. The productivity increases in these states with strong laws for the individuals because now people can act as freely as they can, and conduct that “good” or “moral” work you just explained, the collaborative and coordinated trade, because of property rights, and the assurances those rights afford individuals giving them the confidence and capability with functioning money to take action, they can act and they can create more wealth that would then flow into these lawful societies, the positive sum results you mentioned earlier are then yielded. Conversely, authoritarian governments collect all the wealth and don’t allow for strong property rights, and those societies suffer because of this lack of property rights that afforded individuals the assurances of self interested cooperative and collaborative human action. So they live in zero sum societies. So when you had rule of law and rights to individuals, you had faster growth economies, but over time, because money is superordinate to that process, people with money change the laws, and so over time you lose the laws that protected those people, because the only way that you can fight the law is to have enough money to lobby and everything else, so those laws get whittled away over time, and the laws no longer protect the people at the bottom, those that are generating the positive sum growth, the laws then instead protect the people at the top, those that reinforce the zero sum society. ....
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Hedraios 2 years ago
Just wondering how confident Bitcoin IRA providers (such as Swan, Choice) are that the laws governing IRAs can be relied on to stay constant? Here’s why I ask… —— After reading “The Ethics of Money Production” and “When Money Dies”, it is clear that when those who produce money are the same as those who produce laws, the laws bend and change to protect the money flow to the money producer. Sure, I’d love to take advantage of the incredible tax benefits of buying Bitcoin in an IRA. But when s**t hits the fan, governments historically (not theoretically) have rug-pulled the financial rights of their citizens. - 6102. - Capital controls. - Anti-saving laws (passed off as anti-hoarding laws). - Laws against “flagrantly showing off wealth by extravagant spending” If fiat money is subject to counterparty risk, then so also are fiat IRA tax benefits. —— Property rights, which many find divinely protected in the 10 Commandments, are exemplified in the adage: “Not your keys, not your coin.”
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Hedraios 2 years ago
🟢💀 🟢💀 🟢💀 🟢💀 💀 🟢💀 🟢💀 🟢💀 🟢 🟢💀 🟢💀 🟢💀 🟢💀 💀 🟢💀 🟢💀 🟢💀 🟢 🟢💀 🟢💀 🟢💀 🟢💀 💀 🟢💀 🟢💀 🟢💀 🟢 🟢💀 🟢💀 🟢💀 🟢💀 💀 🟢💀 🟢💀 🟢💀 🟢
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Hedraios 2 years ago
Watched “Too Big to Fail” last night. Kept seeing parallels to 2023 and saying to myself, “It’s happening again” and later… “it’s happening again!” <repeat>
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Hedraios 2 years ago
Such an odd feeling when things I’ve known theoretically would happen begin to happen in actuality. (Context: thinking about how banks could always fail due to fractional reserve, but when they actually do, fail it’s still surreal)