Lau

I'm grateful someone was willing to sell me some #bitcoin.

#Bitcoin is the first and only money ever.

If every HODLing Bitcoiner would get a loan at their own capacity today, to buy bitcoin with it straight away, it would send Bitcoin to $200k-$500k overnight. They could then liquidate a small portion of their #Bitcoin to settle the loan with. Rinse and repeat. Absolute scarcity is a monster fit only for real apes 🐒 It would require discipline and coordination, not ape like mayhem.

This is simple ape like financial advice for fellow apes, a thought experiment for very rudimentary thought capacity: Get a loan, borrow $100k @ 5% interest Keep $40k in a separate account so you can pay the interest for 8 years. (8y X 5% X 100k = 40k 🐒) Buy #Bitcoin for the remaining $60k Wait. Don't spend the money you set aside for servicing the loan. Don't spend the bitcoin 🐵 Check the price after 8 years. Celebrate.

I'm not competing. I never have. I produce that which nobody makes yet. When marginal profit arrives I offer my work for free. https://blossom.primal.net/9b4adf8fe8ca4cca0ab665cb1f6d6b3c9c810a874e3bed097813d40226e53df0.mp4

In a fiat world, ideology is dominant over epistemology. #Bitcoin fixes this

Everyone with half a mind started shorting dollars at a certain point, whatever the asset or commodity of choice. First principle: every unit in a credit system is credit owed to someone. Which means that every unit is owed with interest, which means the interest needs to be newly introduced into the system to maintain the debt. Interest is the natural growth rate of fiat. The extra money to pay the interest does not exist yet → it must be created by someone else taking on new debt. This is exponential decay, it is exponential because a percentage, no matter what the percentage is, is added every year to service the debt. This exponential property of fiat is mathematically absolute, totally glossed over by most economists, and only requires you to buy some #bitcoin in case it catches on.

Fiscal dominance 👨🏻‍🍳

The left side of the bell curve is louder, for many reasons. #Bitcoin

Sats

At least learn to play the game, and teach your children how to play too. Or get screwed by those who play.

Belief is a construct to fullfill the expectations of the masses, because they expect to find certainty in their lives. The uncomfortable nature of our existence is that there is no certainty, only if/then relationships. Ideology is there to cloud your mind with fixed ideas of that which you'll never know with any certainty. You can have faith that the most plausible or the most desirable is your actual reality, but as soon as you start to believe you cloud your mind with fixations that block you from observation. Your epistemic ability will be compromised and your cognitive model will be filled with binary absolutes. This creates opposition in people, opposition towards eachother, opposition is quite literally the opposite of the most plausible model of reality: holism.

About bubbles: It's not a bubble when the denominator expands and the numerator needs to adjust to that expansion. Nominal indexation needs to adjust because of m2 expansion. It's not about value, the value stays mostly the same. It's about nominal expression in an exponentially expanding currency.

Core v30 vs. knots discussion? Nobody cares about fallacies. Nobody cares about solid argumentation. Great. Drama is way better of course.

Ideologues will prefer ideology. #Bitcoin

#Bitcoin is a bookkeeping system, a ledger, with a finite amount of units to record who owns how much value of the total system of value. The proposal it makes is to switch to this new system. You can do that by "buying" bitcoin, mining bitcoin or by accepting it as payment.

There is no proof that a difference between physics and meta physics exists. The most basic assumption that the scientific method relies on is that it simply exists without a need for proof.

DNA is not a blueprint. It's a behavior protocol that causes a cascade of behavior.

The only thing standing in your way to a better life is you. Transform! Change! Become what you need yourself to be in order to reach your goal.

Just make sure your midlife crisis is more fun than you thought it would be.