I haven't gone nostr, just fell back into the pit of despair of centralized social media for several months.
Man it's insidious.
Matthew D
MatthewD@nostr.ly
npub1z3h8...760f
Dreaming of a front porch fit enough for banjo plucking.
Specializing in forestry and agriculture for over a decade.
Michael Saylor is wrong. His strategy of accumulating Bitcoin is directionally correct, but the strategy of leverage use isn't.
The businesses that are truly innovative are accumulating Bitcoin, pushing for it's use as medium of exchange, and driving prices lower for their customers.
MSTR is this grand rent seeking operation. It delivers value to all those exposed to its actions, but provides little in the way of real value for marketable goods and services.
Build the first free market not by rent seeking on Bitcoins store of value, but by providing value driving prices lower and competing with real goods and services.
I don't like the mass migration of illegal immigrants, but I also don't like the shitty gestapo tactics being employed by Immigration and Customs enforcement.
Fully supportive of the efforts for community watch dogging the ICE. The government should be held accountable and law enforcement should have to work to do their jobs.
The money has been fixed. Fix the world
Is refusing to pay taxes a moral obligation?
Meaning, is it possible that Bitcoin won't become a unit of account unless we have a revolution by which we coordinate not paying tax to the government?
Idk, maybe not because the feds can just print the difference.
I want to go to Agua fria now
Everyone who watched 4 Lyn Alden podcasts now suddenly has a thesis. Maybe it's a buzzword, but I've been noticing it's use way more.
If Bitcoin carries with it American ideology/western freedoms then we should expect similar emergent complex behaviors to the 1776 revolution.
The formation of factions...
Carbon is only considered pollution in a system where nature is not respected.
What real world problem does on chain expressivity solve?
If the window to exchange fiat for Bitcoin is closing rapidly, then so is the window to effectively learn how to employ people or machines that will want to work for your Bitcoin.
You can learn today, you have time. There will come a point when you are either effective at managing your stack like a thrifty entrepreneur, or you will be had for not preparing in time.
The culture is not NGU
The culture is a peer to peer electronic cash system.
Bitcoin layer two Renaissance ๐ค Bitcoin scarcity realized ๐ค Mining hardware, software, and template construction decentralization ๐ค Matthew D
$XYZ block is a picks and shovels play into the first years of real Bitcoin scarcity.
Everyone knows it's scarce, we talk about the halving etc, but I think the true essence of how scarce it really is hasn't manifested.
You're a Bitcoiner, you can read tea leaves, any innovation in Bitcoin mining should be looked at.
If there's one thing institutional money is good at it is marketing. The large operators have always had a way of telling the retail public one thing, but doing another.
Their actions are painted on charts, data doesn't have opinions.
GM
People are up in arms about @Peter McCormack hiring a security detail, but no one AFAIK is talking about this.
Sounds like lazy government wanting to outsource it's responsibility to a tech platform. Good on ya Pete.


USD stablecoins are infinite loss coins.
They are defective assets mainly transacted on defective networks.
GM
The ICE enforcement is a glaring example that KYC and sharing your information with the government, or ANY data broker is a horrible idea.
When an unstoppable force (BTC) meets and immovable object (US gov debt) there will be friction.
Andreas rejected the zealous behavior that rose out of the block size wars. This reaction was one of, if not the first emergent complex behavior that Bitcoin produced.
Did Andreas get his analysis of the reaction incorrect? Or was he justified in disliking the emergence of Bitcoin maximalism.
No, using custodial lightning isn't "purely sovereign" - but if you're using this service & self custodying Bitcoin and running a node - you have achieved one of the highest levels of monetary sovereignty that has ever existed.
Congratulations and GM