Most people glaze over when they hear about the national debt… $35+ trillion $1 trillion added every 100 days $1 trillion in interest per year But while these stats are beyond our everyday lives the inflation they cause us is very real. #bitcoin

Forbes

A ‘Huge’ BlackRock Bitcoin ETF Price ‘Surprise’ Is Suddenly About To Hit

The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile that's predicted to driv...

On behalf of many Californians I’d like to take this opportunity to apologize for the current appalling governance of our golden state. California has been the epicenter of freedom and enterprise since 1850. It’s my hope normal service will be resumed as soon as possible.

Today the Fed cut interest rates by 0.5%, marking its first reduction since 2020. The move was largely anticipated by the market, with many analysts predicting a significant cut to address concerns about the labor market and economic growth.

“I hear the CME futures market is predicting a 65% chance of a 50 bps cut of the federal funds rate, and a 35% chance of a 25 bps rate cut.” “I wish we had money they couldn’t f#%* with.” #bitcoin #Mendocino

I’m beginning to think that understanding the nature of money and why #bitcoin is as profound an invention as the wheel, the printing press and the internal combustion engine is just too deep for many people to comprehend. So they don’t.

Things started going off the rails in: 2020-pandemic 2008-GFC 2003-Iraq 2001-9/11 1986-Iran Contra 1974-Nixon 1971-Gold 1968-Vietnam/RFK/MLK 1963-Dallas Things started turning around in: 2008-#Bitcoin

We’re off to the #Mendocino County Fair and Apple Show today. https://mendocountyfair.com/county-fair/

I signed up for an email with an address that had the word ‘bitcoin’ in it. I was immediately blocked from using the account by the provider. I’m sure the printing press encountered similar resistance.

#bitcoin

#bitcoin

If you’re heading g up the coast from San Francisco to #Mendocino this weekend don’t forget to ask at every gas station, bar, restaurant, grocery store etc. if they accept #bitcoin . They’ll all say no but at least it will get them thinking.

LVIII

#Mendocino

I’m off to bed with a glass of single malt and a copy of The Bitcoin Standard. Goodnight. #Bitcoin #Mendocino

If you have a bank account and a credit card you might not pay much at to #bitcoin . But if you care about the state of the rest of the world you may want to take another look. ~ ~ ~ (From Daniel Batten @DSBatten on X) 19 benefits of Bitcoin that most people have never heard about... Note: these are not hypothetical, or isolated benefits - but existing uses that are currently impacting an exponentially growing set of people Humanitarian benefits 1. Getting aid to millions of war refugees wired.com/story/ukraine-… 2. Allowing refugees to take savings safely across borders and re-establish their lives (it is estimated 329,000 refugees have done this so far) cnbc.com/2022/03/23/ukr… 3. Providing freedom from hyperinflation, or high inflation to 231 Million people cointribune.com/en/argentina-b… 4. Having a safe store of value in autocratic nations that lack a safe banking system fanews.co.za/article/crypto… cnbc.com/2023/03/26/bit… bbc.com/news/world-afr… 5. Giving women to financial equity in nations that practice State-level discrimination against women bitcoinmagazine.com/culture/bitcoi… 6. Allowing people in developing nations to receive remittance payments from family without delays and without heavy fees, or loss of purchasing power in the 8 closed countries with dual-exchange rates thenextweb.com/news/el-salvad… 7. Providing freedom from overnight currency debasement for 14 African nations experiencing French monetary colonization foreignpolicy.com/2021/08/03/mac… 8. Verifying, and improving, the integrity of electoral processes in semi-autocratic nations finance.yahoo.com/news/rafael-co… 9. Providing banking to the unbanked (>2 billion unbanked in the world, mostly in autocratic nations) cnbc.com/2023/03/26/bit… impact.economist.com/projects/banki… 10. Removing the risk of financial reprisal for running humanitarian campaigns in autocratic nations where 5.7Billion people live journalofdemocracy.org/online-exclusi… Energy (ending energy poverty, creating energy security) 11. Providing energy abundance to multiple villages in Africa who were previously without power unherd.com/2024/01/the-af… 12. Developing energy independence for nation-states, such as Bhutan, Ethiopia forbes.com/sites/iainmart… Environmental benefits 13. Reducing more emissions from landfills than the largest DAC project in the world ever achieved renewableenergymagazine.com/biogas/compani… 14. Accelerating the renewable transition by making renewable generation more profitable news.cornell.edu/stories/2023/1… 15. Developing a monetary system with significantly lower emissions and emissions intensity than the banking system nasdaq.com/articles/a-com… 16. Becoming the world's most sustainably powered major industry forkast.news/bitcoin-mining… 17. Rescuing a National Park in Africa technologyreview.com/2023/01/13/106… Benefits to liberal democracies 18. Having an international, borderless currency that governments cannot surveil or freeze, with fixed monetary supply that prevents - irresponsible govt funding of forever-wars, - passing debt burdens to future generations and - inflationary money printing that widens wealth gaps amazon.com/Engine-Inequal… 19. Providing a financial system that is harder to use for money laundering than fiat currency decrypt.co/125623/crooks-…

The 4th: “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated…” #Mendocino

I am endorsing the cat.

Since the gold rush California has been at the epicenter of innovation. Bitcoin is innovation. Don’t let California fall behind.

Living out here on the frontier you have to go into town at least once a month to trade for the essentials; rice, beans, coffee, whiskey. When you get to town you’d better have something worth trading; skins, moonshine, gold nuggets, bitcoin. #Mendocino

Twitter had a liberal bias X has a conservative bias How about we ditch the algorithms altogether and let the bias fall where it may? (This is why we Nostr.)