#bitcoin
Dexterton
npub1wdqx...qarp
"Events can go from impossible to inevitable without ever stopping at improbable." #Bitcoin
#bitcoin
February 2024
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#Quote
Remider: In face of death all metrica and values suddenly reduced to zero.
State's monopoly on violance allows it to maintain monopoly on money.
#bitcoinpodcast
#bitcoinpodcastclips
@walker
Fountain
State's monopoly on violence allows it to maintain monopoly on money. • Clip by @dexterton1 • Listen on Fountain
Clipped from Bitcoin Podcast • Bitcoin Out Loud: Anatomy of the State, by Murray N. Rothbard
"The greatest danger to the State is independent in...
Fountain
Understand the difference b/w Bitcoin and the rest of the crypto • Clip by @dexterton1 • Listen on Fountain
Clipped from Flirting With Bitcoin • ⚡👋 FWB065 - BYEnance
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The founder of Greek medicine is said to have been Hippocrates, who was born on the island of Cos around 460 B.C.
The most essential safeguards against sickness, according to the Hippocratic medical tradition, were moderation and a healthy lifestyle.
Health is the natural condition. When sickness occurs, it is a sign that Nature has gone off course because of physical or mental imbalance. The road to health for everyone is through moderation, harmony, and a “sound mind in a sound body.”
Bitcoin is apolitical and deflationary in nature, it is a better alternative to fiat currencies that are dependent on inflationary monetary policy.
Sadly it is not only the force of gravity we get used to as we grow up.
The world itself becomes a habit in no time at all. It seems as if in the
process of growing up we lose the ability to wonder about the world. And in
doing so, we lose something central—something philosophers try to restore.
For somewhere inside ourselves, something tells us that life is a huge
mystery. This is something we once experienced, long before we learned to
think the thought.
To be more precise: Although philosophical questions concern us all, we
do not all become philosophers. For various reasons most people get so
caught up in everyday affairs that their astonishment at the world gets
pushed into the background. (They crawl deep into the rabbit’s fur, snuggle
down comfortably, and stay there for the rest of their lives.)
To children, the world and everything in it is new, something that gives
rise to astonishment. It is not like that for adults. Most adults accept the
world as a matter of course.
"Sophie's World' Jostein Gaarder
Monthly crypto trading volumes reached their lowest monthly level since October 2020, with spot volumes across major trading venues just under $424 billion in May.
On Shooting setting of "Joker 2" in the Bronx
Until Bitcoin, every government, every bank, and every corporation on earth has used private, double-entry accounting systems controlled 100% by the stakeholders. This means that the stakeholders can alter the books and records of all of these legacy systems in secret, away from the public eye. In order to catch fraud, corruption or even error, the entire stakeholder-controlled system — including every transaction traced back to its root — would need to be audited. This process is time consuming, complicated and cumbersome, and like all legacy systems, the audits are conducted by humans, further subjecting the audit system to fraud, corruption and error.
If you go back to Satoshi’s original paper, you know, line one, paragraph two, you eliminate the need for a trusted financial intermediary. Clearly, the very beginning of the spirit of the enterprise is mistrust of existing financial institutions, well earned mistrust, on the backend of the financial crisis.
“Technologies do not exist in isolation, but rather in networks that amplify their power and reach.”
Kevin Kelly. "What technology wants. "