Yes, Bitcoin will probably make you rich, but it’s real value is in lowering your time preference so you don’t want that luxurious lifestyle anymore anyway.

There is no singular “market.” There are only individuals acting in their own self-interest. In aggregate, these individuals’ preferences form supply and demand curves. Proposals to regulate the “free market” are, by definition, proposals to override the will of the people.

They lied about Libya. They lied about Iraq. They lied about Afghanistan. They lied about Syria. But surely they’re telling the truth about Iran, right?

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?

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

The first time I read The Fiat Standard, I skipped the chapter on Fiat Architecture. Just didn’t seem interesting/relevant. Now I get it…

Taleb has become one of my favorite writers. How did he not see through the COVID madness? How does he not get bitcoin?

Where should I buy BTC P2P as a US citizen? Apparently, HodlHodl is unavailable to US citizens.