When you’re going up, you feel comfortable believing that the adults have everything under control. Then you become the adult and you realize that nobody has any idea what’s going on and this whole thing is on auto-pilot.

Running your own node and server is great. Buying food from local ranchers is great. But if you’re still reliant on the State to supply your power, you’re not sovereign. Energy is the basis of life. More Bitcoiners need to be off the grid.

Nothing “causes” poverty. Poverty is the natural state. The question is “what creates wealth?” And the answer is voluntary exchange.

Hyperbitcoinization happens not when buyers say “I want to pay in bitcoin” but when sellers say “sorry, I don’t want your fiat”

One of the biggest psyops in the health space is that Gatorade is good to drink when exercising

1. Trump institutes tariffs. 2. Foreigners cash out of their US securities and stop buying treasuries. 3. Stock markets fall, 10-year rates climb. 4. Pension funds and retirement accounts are threatened, interest expense grows. 5. Fed prints boatloads of money to pick up the slack. 6. New liquidity flows into scarce assets. 7. Bitcoin moons. What am I missing?

Stock market has circuit breakers to halt trading when values collapse too fast. Could it be any clearer that this is a scam?

Upon the tariff news, the intellectually curious went back to their Mises/Rothbard/Hazlitt books to see what the greatest minds in economics have to say about the topic. But that’s too much work for most people. Instead, they turned on their TV to see what the “authorities” are saying.

If they advertise to you, their value proposition is insufficient

A no-coiner buddy of mine was telling me this week that bitcoin couldn’t work because humans can’t help but corrupt everything. I told him “I think you’ll learn otherwise over the next decade”. I was wrong. He might learn otherwise over the next few weeks.

As long as taxation/inflation is the norm, people are going to fight about what the proceeds should fund. But the answer to that question can’t be given by any one person. When people are free to spend money as they choose, they necessarily spend money towards the things they value most. Therefore, the only way to know what people value most is to let them spend their own money as they see fit rather than taking it from them via taxation/inflation. #AustrianEconomics

Is anyone getting the “is now a good time to buy BTC?” texts yet? #asknostr

Reading Human Action. I tried a few years back but couldn’t get through it. This time around, I’m realizing Mises is more of a statist than I thought. That being said, he set the pins up for Rothbard, #AustrianEconomics

Private property rights are more than just a collective illusion. If you follow the logic to its natural conclusion, it’s the only place you can arrive. By the process of elimination, you can prove that private property is a fundamental axiom for humanity. The alternative to private property is collective property. Goods are utilized in accordance with the desires of their owners. If we presume that property is collectively owned, this means that you would need everyone to agree on how to utilize every good. It must be a consensus. Otherwise, certain individuals are deprived of their share of the “collective” property rights. Practically, this is impossible. If all 8 billion people on earth had to agree on which food got eaten by whom, humanity would starve to death. Any ideology that invariable leads to the destruction of humanity is undeniably anti-human. Collective ownership, therefore, is an anti-human concept. An anti-human concept cannot possibly form the foundation of a prosperous society. We can then conclude that property must be privately, not collectively owned. #AustrianEconomics

At what stack size would you recommend multi-sig vs single-sig+passphrase? #asknostr