Does Bitcoin "need" the money printer at this point in time? Like, if the money printer vanished, would the resulting economic tsunami affect a critical blow to the network?

So many ecological maladies are traced to engineered scarcity to keep the existing system churning.

David Sacks comments on the All In podcast tell me that when the rubber meets the road - policy makers won't protect our freedom or liberty. They will protect their careers, they will protect the existing system, and ultimately will be incapable of acting on getting rid of things like KYC and AML for law abiding citizens.

The incentive to run and maintain a node is this. When you come into Nostr after 20+ days of being offline, have a funny post, and aren't getting zaps - it's on you! Just went in and updated my node and had this thought. Interacting with nostr is all the incentive anyone needs. View quoted note →

Father's day is just a holiday for a bunch of motherfuckers.

Fuck. Those steak n shake cheeseburgers just got really expensive. Whatamigonnado

Store of value narrative is "how can we get bigger pools of capital to buy and HODL" Medium of exchange narrative (my favorite) "how can I bring value to those who choose to participate in the Bitcoin network/circular economy" Providing value to one or even a few on the network benefits all. E.g. my node might not be an economic node without participation and interaction with other individuals on the lightning network.

The Times 19 May 2025 Bailed out banks on brink of bending the knee to Bitcoin.

When there's division everywhere, be a force multiplier.

The problem is at the US Sovereign level. It's a big God damn ship with a big problem. Big ships take a long time to sink. But I have faith in the culture, faith in the people of the US - we will rebirth institutions to better serve us on a Bitcoin standard.

Bitcoin is now officially too big to fail. Alright, pack it up and go home, we're done here. GM

GM PANICANS 🇺🇸

All of us should be caring for our bitcoins way more than we are. We are careless children playing with our Charizard cards on the elementary school playground in 1998.

🫵🏼🪨

Alright. I'm not about to get psyoped by fiat hamburgers and milkshakes. Back to working out tomorrow.

Cypherpunks drink milkshakes

There should be no discussion of covenants on Bitcoin without first studying the history of covenants on real estate. Covenants encumber property, full stop.

The crux of the issue is a flaw with Bitcoin's code - which is technical - and this is causing a denial of service attack via fee market on pleb transactions. Starting there first helped - that's how my brain broke it down.

Peter says core Mechanic says knots Plebs say GFY GM

Didn't we settle the filter debate already? Sure unfiltered cigarettes taste better, but the filters capture a lot of tar that's bad to inhale. Just don't smoke kids.