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mdbitcoin@primal.net
npub1ddxx...frmf
Notes about Money (₿), Medicine and AI.
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MDB 1 year ago
Everyone is not bullish enough. Many individuals will miss out on the most significant wealth transfer in history due to their lack of understanding of monetary principles. Bitcoin is currently the scarcest asset on Earth, What is the worth of absolute scarcity? 🤔 Throughout history, People have used scarce items as money, sometimes using things like shells, stones or even gold Gold, for example, is "valuable" because it's pretty, doesn't rust, and is easy to shape. But most of its value isn't because of these features. Brass looks similar and is shiny too. Governments own a lot of gold that just sits in vaults, showing they're not interested in its looks, lesson(s) in there, I think. Bitcoiners will have access to every tool at their disposal to help shift the entire world from dystopia towards a closer approximation of utopia. image
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MDB 1 year ago
No Noise, Just Signal. In a world of smokes and mirrors, Bitcoin will become the only signal of purchasing power, The thirst for knowledge in the Bitcoin space is incredible. I haven't seen this in my entire lifetime. I have come across many fields and delved into them deeply, and Bitcoin is extremely different. Bitcoiners truly want to learn and need signal knowledge; they are not complacent with poor noise and takes. They want depth; they want the betterment of themselves and society. It's truly inspiring to see and to witness such a great group of humans uniting towards a greater good. This only happens because incentives are aligned. Laser eye focused! all the time. image
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MDB 1 year ago
GenPub is not going to care about Bitcoin until it hits +100k. This is extremely bullish. Right now, it's not even on their radar. You could ask them the price, and they'd say anything from 1k to 60k. lesson(s) in there. image
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MDB 1 year ago
This is exactly the same as when people say "Why Bitcoin Will Fail" image
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MDB 1 year ago
I will keep buying Bitcoin at 45k, 55k, 65k, 75k, 90k, 100k, 250k, 500k, 800k, 1M. My holding period, time when people will no longer be willing to exchange their ₿ for $. bear will be rektd image
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MDB 1 year ago
How can a presidential candidate running for the United States vow to limit free speech? 🤦🏻‍♂️
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MDB 1 year ago
🤦🏻‍♂️ image
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MDB 1 year ago
Time in perspective. - 1M seconds ≈ 0.03 yrs = 12 days. - 1B seconds ≈ 31.7 yrs. - 1T seconds ≈ 32k yrs. protect it with bitcoin. 35T seconds ≈ 1.1M yrs. ABSURD! 🤯 image
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MDB 1 year ago
Cold storage in a boating accident remains the standard! Unrealized capital gains 101, You bought 1 bitcoin in Sept 2024 for $56k. By the end of the year, it's valued at $100k, but you didn’t sell, leaving you with an unrealized gain of $44k. Under a proposed tax plan, you owe $11k in taxes (25% of $44k). But you didn’t sell, so you don’t have the cash. You pay the taxes out of your savings. You continue to hold until August 2024, and Bitcoin drops to $30k. You LOST $26k on the bitcoin, PLUS you paid taxes on the $44k of “gains” you never actually realized, since they disappeared. Initially, the tax is aimed at $100M+ portfolios, but it sets a precedent. Eventually, it trickles down to everyone. Now, every bitcoiner is at risk of paying taxes on assets they haven’t sold. People stop buying Bitcoin. Adoption "slows" image
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MDB 1 year ago
The great thing behind the people writing the speeches is that they are making it a point to distinguish between bitcoin and crypto, pretty bullish it you ask me.
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MDB 1 year ago
The best way to control a mind is to exhaust the body.
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MDB 1 year ago
Bitcoin is code. Software remains impartial, Unlike existing companies and countries, It has, 1. No CEO 2. No politics 3. No military 4. No opinions 5. No race bias 6. No authority image
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MDB 1 year ago
No empire is safe from tech disruption Countries cannot afford to ignore Bitcoin Over and over again, Empires rise and fall because they keep allowing themselves to be surprised by the emergence of new tech. Can USA compensate by having the latest tech in other industries? image
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MDB 1 year ago
never surrender your agency! image
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MDB 1 year ago
In this specific order 1. Bitcoin. 2. AI + energy acceleration. 3. Don't Die. image
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MDB 1 year ago
A man's ambition should be to lay the bricks of his own empire. The strongest foundation for embarking on this journey is #Bitcoin. The safest place to store your wealth is behind a wall of encrypted energy. Sh****coins offers more fiat mindsets, but Bitcoin offers the highest level of savings technology. Make sure you make the right choice. There’s a time and a place for Bitcoin. The time is now and the place is everywhere. If you don’t understand why Bitcoin will become the money of the world then go study more. image
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MDB 1 year ago
An attack on free speech?
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MDB 1 year ago
15 philosophers on bitcoin, 1. Michel Foucault: Bitcoin challenges traditional power structures by decentralizing financial authority and creating new discourses around monetary sovereignty. 2. Ludwig Feuerbach: Bitcoin reflects humanity's desire to create a form of value that is independent of centralized institutions, embodying a projection of financial autonomy. 3. Friedrich Nietzsche: Bitcoin represents the will to power in the financial realm, offering an alternative to state-controlled currencies, and challenging the status quo, much like the Übermensch. 4. George Santayana: Bitcoin's emergence as a response to historical financial crises illustrates that those who do not learn from the past are condemned to repeat it. 5. Denis Diderot: Bitcoin, like the Encyclopédie, aims to democratize knowledge—this time in the form of financial freedom and transparency, accessible to all. 6. John Stuart Mill: Bitcoin promotes the greatest happiness for the greatest number by providing a decentralized, inclusive financial system that operates without centralized control. 7. Richard Dawkins: Bitcoin is a meme—a unit of cultural evolution—spreading ideas of decentralized finance and challenging the established order of traditional currencies. 8. Noam Chomsky: Bitcoin can be seen as a tool for undermining state and corporate control over money, empowering individuals to resist financial manipulation by centralized powers. 9. Bertrand Russell: Bitcoin, through its reliance on mathematics and cryptography, represents a logical progression in the evolution of currency, seeking clarity and precision in financial transactions. 10. Bertolt Brecht: Bitcoin forces society to critically reflect on the current economic system, offering an alternative that could lead to more rational and equitable financial practices. 11. Ayn Rand: Bitcoin epitomizes the philosophy of Objectivism by allowing individuals to pursue their rational self-interest through a system based on voluntary exchange and trustless transactions. 12. Democritus: Bitcoin, like the atomic theory, breaks down the concept of currency into its most fundamental units—digital "atoms" (satoshis)—which form the basis of a decentralized monetary system. 13. David Hume: Bitcoin’s value is not derived from inherent properties but from the collective agreement and trust in the system, much like Hume’s skepticism about knowledge being derived solely from experience. 14. Albert Camus: Bitcoin acknowledges the absurdity of the current financial system and offers a rebellious, yet rational, response to it, embracing the freedom to create meaning in a decentralized world. 15. Sigmund Freud: Bitcoin might represent a collective unconscious desire for freedom and control over one's financial future, revealing deep-seated anxieties about centralized monetary power. image
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MDB 1 year ago
bitcoin's arms race
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MDB 1 year ago
Every "cycle" or so bitcoin sets a new base before launching into a 10X paradigm. When you look back, haggling over prices in and around the base looks foolish. 2013- 10 to 1K 2017- 1K to 20K 2021- 3K to 70K 2025- 15K to 235K? is this time different? image