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StackSats.IO
StackSatsIO@nostr.com.au
npub10jnx...vcrd
☯️⚡️ | nostr.com.au | #AUStrich 🇦🇺
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stacksatsio 2 months ago
#Bitcoiners should meme this narrative - Trump is Satoshi. He will pump it to a $Billion, and all the worst people will have fun staying poor rejecting #Bitcoin because of his association with it. image View quoted note →
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stacksatsio 2 months ago
Good luck with your banh mi’s #AUStriches. They cost $1 Dollarydoo here in #Vietnam for a basic one, $2 for a good one, or $5 if you want to go gourmet like Banh Mi Huynh Hoa. Aus could easily still attract Vietnamese labour, but they’ll never be able to afford to buy out existing owners or open a new bakery nowadays; completely inhospitable to small business. View quoted note → image
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stacksatsio 2 months ago
THE THREE TECHNOLOGIES WHICH MADE US HUMAN Language, money, and religion are humanity’s 3 most important technologies. Together, they work to solve the same fundamental scaling problem: enabling cooperation beyond the clan. Language lets strangers communicate across tribal boundaries without shared context or values. The universal substrate for information exchange. Money lets strangers trade without trust or repeated interaction. Without it, “I’ll help you now if you help me later” is a prisoner’s dilemma where defection pays. Collectibles turned this into simultaneous exchange: I give you meat, you give me shells, done. The universal substrate for exchanging value. See: Religion creates shared ritual, collective consciousness, and moral obligations that bind groups together. It generates the social solidarity that makes people honor commitments, respect boundaries, and cooperate in ways that individual self-interest alone cannot explain. See Durkheim below: Together these 3 form humanity’s scaling architecture: • Language = communicate with anyone • Money = trade with anyone • Religion = coordinate deeply within groups Without them, we’d be just monkeys limited to groups of Dunbar’s number. With them, humans conquered the planet and increased carrying capacity 10x over Neanderthals. Most miss this following Graeber’s debt-money thesis, which only works within societies that already have all three technologies - you cannot run a ledger with people you’ll never see again who have different moral frameworks. That #Bitcoiners can grok this is what puts them so far ahead - they’re the only ones who understand how the game actually works. We’re HODLing proto-money whilst we develop our memetic language and spread the orangepill religion to all corners. View quoted note →
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stacksatsio 2 months ago
Curtis Yarvin (aka Mencius Moldbug) has speculated that Nick Szabo is Satoshi in his latest Grey Mirror article: Yarvin is not nobody on this subject. He discusses his 2005 provisional patent application which hints at fixed supply “tokenomics”, and how he similarly had something like the precursor to React patented. He also links to conversation threads he had with Nick pre-Bitcoin on the topic. He is also the founder of Urbit, a Thiel-funded radical attempt to rethink computing (interesting, but destined to fail) and highly influential in that circle (Thiel/Andreessen/Vance et al - Silicon Valley “little tech” types) for his political and philosophical ideas. Not sure why he’s decided to dredge up this history now; he set it up with the React thing a few months ago, and could have made the point of his article without the Szabo commentary. I’ve listened to and read Yarvin for years, he is very intelligent and extremely well-read but I’ve long thought he is a snake in the grass - reading this gave me a bad vibe.. View quoted note →
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stacksatsio 2 months ago
Nick Szabo is once again dragging Adam Back who has found himself on the wrong side of the #Bitcoin spam debate. One can only assume Adam has something in the pipeline from which he will personally benefit with Core now bending over for L2s and inviting spam onchain. image View quoted note →
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stacksatsio 2 months ago
I’ve seen a lot of anti #Bitcoin takes over the years, but this one is new image
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stacksatsio 2 months ago
Been a while since my last review for #bookstr, but I’m back with a good one. The Elementary Forms of the Religious Life is a 1912 book by French sociologist, Emile Durkheim. It’s considered a foundational text in sociology as essentially the first book to parse religion as a social phenomenon which allows for extended group harmony by means of shared practices, morals, and behaviours. Durkheim makes his case by studying Australian Aboriginal totemic societies in a manner which fans of #Austrian economics would appreciate, as he strips religion back to its most basic form, and builds his suppositions from there. I could write entire reviews through different lenses - as a someone who grew up in Christian White #Australia, as a well-travelled Westerner, as a #Bitcoiner and member of the maxi cult, as someone now living in Buddhist/Confuscian/Socialist #Vietnam. Part of what you’ll gather from this text is how all religions have similar ideas and concepts. They are pervasive, intractable, and inescapable; because they are the external framework which allows people to NOT constantly be at war with one another. They’d all be very different but Durkheim manages to distill the essence of religion as a social glue in a way that had never really been articulated before him, and one we basically take for granted today. Just read the Conclusion if you want his ideas, the actual exploration of Aboriginal totemism is dull. Having been exposed to their practices, you don’t actually need to know about how they cover sticks in feathers and then dance around it for hours; they actually do this shit and the people who think we ought protect their ancient wisdom are truly morons. They were and are so primitive we can’t learn more than what this book tells us; we need to explore higher religions in detail beyond this. Top 5 book for me this year. I gained a lot from this. A lot of hard to articulate things distilled to their essence for you to put different lenses on. But do not read this if you think the Australian Aborigines are some sacred people whose practices need to be protected; that myth is going to be quickly dispelled as you dig into this and understand just how primitive they are. image
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stacksatsio 2 months ago
Why is Michael Krechmer famous? Why is this Jew the Overton Window limit for right-wing anarchism when he’s the softest, most milquetoast variety of “anarchist” imaginable. Anyone got clips of Michael encouraging people to opt out of fiat and use #Bitcoin? No? Didn’t think so.. It’s almost as if, every single Jew is in on it..
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stacksatsio 2 months ago
More than any other group, #Bitcoiners will understand this sentiment. Thank you Satoshi 🙏 image
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stacksatsio 2 months ago
These Core v30 proponents can’t even work out what a woman is and expect us to go along with, and enable their mentally ill delusions - otherwise we are hateful. No Bitcoiner would let Andrew Chow babysit their kids. They wouldn’t elect him sheriff of their town. So why would we play along with his subversive leftist trans delusion and have him 1/5 maintainers of the #Bitcoin Core repo? The software meant to protect #Bitcoiners wealth? image View quoted note →
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stacksatsio 2 months ago
Nick Szabo says he “strongly recommends not upgrading to Core v30” and to instead run #Knots He reached his conclusion through the same lens I did in the post below - #Bitcoin the protocol is extralegal; what you store and run on your hardware in a given State’s jurisdiction, is not. Nick has a law degree so understands the nuance better than most. Core v30 is unnecessarily opening an attack vector for the State to impose upon noderunners. IMO all 5 maintainers have to go. Their actions have proved they’re not capable of stewarding this software in the interests of noderunners. Bitcoin will survive this, Core will not. image View quoted note →