"If Schrute Bucks have any value at all, Dwight has the incentive to print more. The incentive remains until the value of a Schrute Buck equals the marginal cost of printing a new Schrute Buck." - Resistance Money #Bitcoin #Plebchain

While #Bitcoin cannot exceed its 21million supply cap, it can get scarcer...and will...as BTC is lost, forgotten or intentionally burned over time. #Plebchain

Before the #Bitcoin rabbit hole, I had never known that banks could loan out money that they did not have (or even further: money that did not previously exist)

I think about #Bitcoin all the time #Plebchain

#gamestr

So I've never lived through a change of the world's reserve currency before, and I'm thinking it might be downright interesting #Plebchain #Bitcoin

"In retrospect, it seemed silly that we'd been measuring value in variably-defined units. " Imagine measuring distances with a stretchy, elastic ruler. #Bitcoin #Plebchain

I like the fact that Marty Bent wants to open a brick factory so that people can make buildings that last.

An interesting read for two reasons: 1) highlights the small victories won in court against warrantless surveillance, and 2) provides insight into how the IRS tried to implement new enforcements while also claiming they were not quite finished yet and therefore could not be challenged in court

Coin Center

Two victories in our fight against unconstitutional financial surveillance.

We won an appeal of the dismissal of our 6050I lawsuit and the draft IRS broker reporting forms no longer include software devs.

Since we're sitting at $218,000,000,000,000+ in unfunded gov't obligations, I think it's likely someone out there is not going to get what the politicians promised. Unless, of course, we can just make our great grandchildren pay for it [maniacal laugh]. **An unfunded government liability is a debt or obligation that a government has promised to pay in the future, but lacks the necessary funds to cover the payment, creating a financial burden for future generations.** #Bitcoin #Plebchain