*human beings are meant to communicate freely, trade freely, think freely and without permission from platforms that see you as inventory*
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halalmoney
halalmoney@stacker.news
npub1vdaz...7rjz
Freedom. Justice. #Bitcoin
https://stacker.news/r/halalmoney
*btc really is technically sound, decentralized, capable -- but the fact that it's possible seems to be enough, nobody has to be actually doing any transacting. The threat of transaction is sufficient for finance bros to ape in and for Saylor's rousing speeches to have their intended effect.
It's worth asking how long this can go on for without the whole thing collapsing. I think about that all the time.*
Stacker News
Where are the Bitcoiners? Where are the Spenders? Where are the Users? \ stacker news
Argument after argument about how Core is "destroying Bitcoin" and "hates Bitcoin"... "We need filters" "No we don't because..." "Filter this you C...
*Social media is 99% noise and nonsense... and trivially easy to sybil-attack or misrepresent. Bots are created in-mass... and there's no real solution to this unless people pay ie pay-2-post.
Which is funny because 'people' argue over the nuance of op_return... but will they really pay to outbid the spammers or keep them from spamming?
No... which I think is more telling.*
I look at pay-2-post on Stacker News the exact same way I look at hash-cash and Bitcoin mining itself. Pay-to-use, pay-to-store and pay-to-interact... some kind of economic, uncheatable consequence for action.
Stacker News
Where are the Bitcoiners? Where are the Spenders? Where are the Users? \ stacker news
Argument after argument about how Core is "destroying Bitcoin" and "hates Bitcoin"... "We need filters" "No we don't because..." "Filter this you C...
*The strategy is old: create the crisis, offer the cure, and hide the business inside the cure*
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*dispensationalist heresy… has turned faith into foreign policy and worship into warfare*
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*As Stevens explains, Bitcoin mining accounts for only about 1% of global energy expenditure on heating. As he puts it: "If 1% of comfort heating were converted to hashrate heating at the current estimated average mining chip efficiency of 25 J/TH, we'd add over 1 ZH/s to the network, effectively doubling its computational size." Or put more simply, if only 1% of the electricity used on generating heat around us went to Bitcoin mining, the amount of computing power dedicated to securing Bitcoin would double*
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*great societies are built on proof of work and die on proof of stake*
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*there's no reason for multiple fiats to exist and the dollar is the default fiat, the inevitable end-state is the final boss pair of BTCUSD... China can't stop that, but what it can do is avoid going broke in the process by collateralizing ahead of it*
Stacker News
Is China quietly rebuilding the global financial system around gold? \ stacker news
I like gold actually, it's hard money and it's shiney, but I saw this topic on a video today and actually found it quite interesting https://www.yo...
*It's not about Bitcoin vs. Gold, it's a demarcation of which fiats can collateralize and which can't*
Stacker News
Is China quietly rebuilding the global financial system around gold? \ stacker news
I like gold actually, it's hard money and it's shiney, but I saw this topic on a video today and actually found it quite interesting https://www.yo...
*Fewer children, in a lot of states, means more inheritance tax revenue. But fewer children also means fewer future taxpayers, and more immigration which has its own associated costs*
Stacker News
The wealth tax nobody talks about is inheritance / gift tax \ stacker news
Below are inheritance taxes if you were to receive €50k from an uncle. They are typically higher if you receive from anyone more distantly relate...
*To step back to an earlier round of that creative destruction, the mobile phone, not the smartphone. That sardine fishermen off Kerala get to use phones is what drives that economic growth stemming from greater productivity. It is the use of phones - allowing markets to complete where previously information gaps did not - which leads to that remarkable finding that mobiles in an economy without a landline network add to GDP. In fact, per 10% of the population with a mobile an astonishing 0.5% on GDP each year.*
Productivity isn’t about who owns but who uses — Adam Smith Institute 
Adam Smith Institute
Productivity isn’t about who owns but who uses — Adam Smith Institute
This year’s three Nobel prize winners in economics won because they all argue the alchemy of capitalist growth lies rather in “creative destruc...
*legacies are built, not through visibility metrics, but through value so profound it becomes contagious*
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*True meaning comes when work serves life, not the other way around*
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*Bitcoin reserves are sort of doing the same thing though as gold: turning them into reserves of the existing system.
The existing system will co-opt anything they can manage to*
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*Bitcoin is the reserve asset, vault, and monetary network in one*
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*if the us and china are both running the printing presses at max speed to fund agi development, bitcoin’s hard cap becomes one of the only credible anchors in a sea of currency debasement*
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