I'm a zap maxi
Rarely *like* posts
Spending bitcoin despite my hoarder mentality
🤷♂️
McCoy
McCoy@primal.net
npub18y33...x5t7
Bitcoin
NOSTR block 768722
Bitcoin TRICKS humans into securing it.
They work/hash/mine for coins EVEN WHEN they don't actually *believe in it*
Once this security fly-wheel took-off, it may never stop
Not a big F1 fan, but this is an amazing film:
Work, Produce, Save: Always in that order. Capital deployment always comes last
https://fountain.fm/clip/VcjpIQB2zCIJ3NzJVrCY
I finally get it:
Hard Money
Self Custody
Security is 100% personal responsibility


THE KEY consensus rule:
✅chain with the most work is the one that all agree to build on✅
When a hash is produced under the target, all *nodes/miners* see it and immediately *agree* to extend it
Before the Byzantine Generals left for their respective posts, waiting for the attack message; they all must meet and agreed that the message with the most cumlative work will be trusted as real
Nakamoto Consesus
Ask yourself: over your working life, have you actually produced the value that you now hold?
Did you actually overproduce?
Or is the system easily gamed/manipulated breaking the link between productivity and wealth?
Bitcoin definitely fixes this
Ross speech on NOSTR yet?
Don't fool yourself - we are all connected to the money printer: paid by a guy, who was paid by a guy, who works for dude........
go far enough back...
Taking the fiat and saving in bitcoin is attacking (speculatively) the fiat system.
Just work and stack.
IMHO
NFA
$100k floor will be defended for a long time.....
perhaps 4-ever
Stacking Sats
Crazy at < 1000 sats per US-IRS-Utility-Token exchange rates
No conferences
Just Noded, SNI, The Reorg....
https://fountain.fm/episode/dyuacIn2RTBj7M2Odrtb
Censorship of Savings
https://fountain.fm/clip/cGnpeheok3hpEUImJEbz
Number of bitcoin confernces attended ......


IMHO
Biggest threat to bitcoin is still the US getting its fiscal house in order

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