Last weeks Covid convo had consequences. BusinessKitten is born and BusinessCat finally capitulates to some #Phish signal

Fountain: Podcasts and Music

Rock Paper Bitcoin • RPB019 - Thank You Mr Miner • Listen on Fountain

Recorded September 2, 2023Fundamentals & Business Cat revisit past conversations.Intro Music: Mychael & Jeff Danna - The Blood of Cu Chulainn00 - B...

Sorry Dawg - that’s gonna be an unfollow from me.

Before Bitcoin, the largest computer in the world was a cooperative global internet connected compute called GIMPs on a network called PrimeNet. The project is the latest evolution of a 300+ year old search for the largest Mersenne prime number (2^n -1) Many people devoted their entire lives to the search for a single prime number. It’s so valuable that as computers and networks were invented, people with capital immediately pointed it towards this effort. The ability or inability to factor a large number is the basis for what we know as cryptography. It would be smart for Bitcoiners to study this part of human history.

Dear Dank Memes - make up your mind. I’d love to have you.

Bitcoiners who know me and listen to my podcast are MUCH more likely to have their kids become mathematicians than those who don’t.

View quoted note → You will not only give me your earnings but you’ll pay to do so!

I’m more interested in Star Wars fans outrage over Sabine being trained to use the Force than I am in the Bitcoin Twitter shitcoin debate/

The ETF is irrelevant to Bitcoin but will begin the demise of Blackrock. No centralized entity can maintain itself while also holding Bitcoin for its stakeholders. Greyscale was discounted to zero. Micro strategy had their founder step down as CEO. The state we used to know as El Salvador is being dismantled before our eyes. Elon let go of the bitcoin before he allowed this rate on his institutions. The list is already large. It’s only a matter of time before millions of people realize that a few thousand real sats in their custody is more valuable than the sum of all the IOUs they hold. Bitcoin is for individual power, not institutional power. We will see this time and again as we see the individuals who bring Bitcoin to their institutions ultimately choose Bitcoin over their institutions.

It’s not a silent majority - it’s a censored majority

Sorry Matt but it’s ok to like your own pod enough to boost it.

The Normal Distribution is a very powerful psy-op Few (but more than we think) <- if you get this then you can understand the original statement.

Talking to people about money who don’t understand what the Fed did is like talking to people about politics who don’t know that Kennedy was assasinated.

Follow up to: Closed source code seeking a network effect is inherently evil: A society that is so weak at protecting property is - of course- going to rely on fiat decrees like patents and contracts. This will always incentivize closed source code. It’s evil no matter how you cut it. It either complies with a tyrannical fiat or it willfully attempts to operate in opacity for nefarious purposes.

Closed source code seeking network adoption is inherently evil.

Telling someone to buy Bitcoin isn’t financial advice Only in a money that isn’t free to use can there be a regulated idea of what to do with it.

Only good ideas get censored. Only good ideas could be considered dangerous. Bad ideas aren’t worth the trouble

The word “extremism” is used to describe people with strong conviction. It’s an obvious psy-op to reward a low level of conviction.

Fountain: Podcasts and Music

Rock Paper Bitcoin • RPB018 - Hello World • Listen on Fountain

Recorded August 26, 2023Fundamentals & Business Cat welcome new things to the world.Intro Music: The Killers - Boots (Instrumental)00 - Hello World...

BusinessCat has a baby. We do our Covid episode.

@Swan Bitcoin has its flaws and issues of concern but let’s be fair and acknowledge that they will likely lead the league in converting ETF to real Bitcoin for people.

The bitcoin ETF is not about bitcoin at all. Its about Blackrock dumping its bonds. It’s more akin to ordinals and inscriptions except that the impact to our markets will be more severe and more long lasting