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StackSats.IO
StackSatsIO@nostr.com.au
npub10jnx...vcrd
☯️⚡️ | nostr.com.au | #AUStrich 🇦🇺
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stacksatsio 2 months ago
You guys know how I feel about koalas. The balls to ask me to give these chlamydia-ridden rapists a whole fucking #Bitcoin!! image View quoted note →
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stacksatsio 2 months ago
Every successful revolution has 2 things in common: A) An organised minority B) A loss of will by existing elites A) could be #Bitcoiners. It’s not today, but it could be. B) can occur when enough of the *actual* working class - not the sit-on-their-arse-class who live off government redistribution and espouse postmodern wokeist bullshit online to keep the gibs going - the people who actually produce things society needs (food, energy, water, logistics) realise how undervalued they are in fiat terms, and opt out into #Bitcoin We don’t need the whole working class - we need the workers without whom life goes to shit. Don’t worry about trying to orangepill your barista or hairdresser - we can do without the vast majority of the working class. Orangepill your plumber, your electrician, that neighbour who works at the water treatment plant or in a coal mine - people who produce the stability needed to make modern society work. #Bitcoin will fulfill its promise only through the people who make society work. image
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stacksatsio 2 months ago
Governments genuinely think you are their property. Even when you’re outside their jurisdiction, doing something completely legal in another place, they do not care - just because you temporarily got off the reservation, they’ll be there to whip you when you return to ensure you know who’s boss. image
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stacksatsio 2 months ago
This would be illegal in 18 countries, in #Vietnam it’s a Sunday stroll on the beach image
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stacksatsio 2 months ago
The final sentence is the kicker - Boomers never understood wealth, at all. They were in the right place, at the right time to take advantage of fiat money printing, and that’s it. They didn’t earn shit - they were gifted a culture and society which they destroyed so their house could be a savings vehicle and they could be rich on paper. Only #Bitcoin can break this cycle. Wholecoiners have an opportunity to create dynastic wealth not just by HODLing, but by teaching the next generation about money, about the system, and ensuring their kids aren’t left swimming uphill in a sea of shit like the Boomers have done. image View quoted note →
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stacksatsio 2 months ago
Another review for #bookstr , this time 1931: Debt, Crisis, and the Rise of Hitler by Tobias Straumann. If you’ve read about this period such as the reparations problems, the constraints on the Reichsbank, German domestic politics during the rise of Hitler etc. then you’ll find the broad strokes familiar. Straumann adds granular detail: specific meetings between central figures, the timing of particular credit freezes and political maneuvering around the Hoover Moratorium. It is very well researched I have to say, and the narrative is clear enough. But in being meticulous, it’s just a book of details which pads out the timeline rather than illuminate it. For monetary history of the era, Adam Fergusson’s When Money Dies remains far more visceral and revealing about what hyperinflation actually does to a society. And for Hitler and the Nazis, there are far better books to understand the context 1931 imparts (a 2-year window from 1929-31 is the focus here). Not a bad book but I added it to my list after a Luke Gromen recommendation so expected more, but perhaps he’s just less of a history nerd than I. image
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stacksatsio 2 months ago
Everyone seems bored at $91k. The Zcash shills don’t even argue with Bitcoiners because there’s literally zero conviction - pure bag pumping. The mETHeads have realised it’s over and don’t engage Maxis any more. A few still follow Creg to torment him by forcing him to argue with Grok. Macro people have NFI what’s going on and just keep talking about how nothing stops this train. All news about my country makes me want to guillotine fuckers, can’t stand it. Meanwhile, #Bitcoin Xitter is retard maxing. image
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stacksatsio 2 months ago
The enshittification of Melbourne continues with 7/11 opening it’s first staffless vending-machine-only outlet in the CBD due to rising crime. I remember seeing a Walgreens with half the stuff locked behind plexiglass in San Fran 8 years ago and thinking “wow, this is bad”, but walking the streets you understood why. Melbourne already has injecting rooms and has banned machetes - just needs some homeless encampments and a poop map now to catch-up
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stacksatsio 2 months ago
Just rewatched this. Released 1/1/2025 and it’s probably the video of the year. The prescience you would expect from a philosopher, delivered by a weird comedian who just fucking nails it, zeitgeist and all. If you haven’t seen this, take the time to watch it. View quoted note →
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stacksatsio 2 months ago
The #zcash shilling is ridiculous. I’d suggest @Super Testnet could smash them like he did the #Monerobros, but it’s all just influencoors (this is Naval’s pet @Arjun Khemani ) shilling their bags and none of them use it so couldn’t actually test anything against him. image
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stacksatsio 2 months ago
A language is a dialect with an army and navy
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stacksatsio 2 months ago
Scott Bessent is asked whether Trump’s $2,000 stimmy checks would be inflationary. “Maybe we can persuade Americans to save that.” $2,000 Bitcoin stimmys?..
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stacksatsio 2 months ago
More people should discover Sam Hyde. Weird guy but he has a good head on his shoulders and a knack for seeing through to the heart of the thing. View quoted note →
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stacksatsio 2 months ago
@Stephan Livera thinks Dathon should spend his time educating people to re-download the #Bitcoin blockchain using a newer version of Core (v28>), the versions which enabled CSAM to be embedded in the chain with 100,000 byte OP_RETURN, so that the CSAM onchain enabled by the newer versions of Core, can’t be viewed on their device. Stephan has officially lost the plot. Crypto Dubai has rotted his brain.
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stacksatsio 2 months ago
The problem with shitcoiners like Balaji and Slopp, is they think they got rich because they’re smart. And because they were smart to go all-in on “crypto” early, their vision of the future must be smart because they were right once before. That’s not how the world works. You can be smart, and retarded at the same time. I am. You probably are too. The trick is to know WHEN YOURE BEING RETARDED. Sam Hyde below is, and he nails what all the privacybros are too retarded to understand stuck sniffing their smart farts in their VC shitcoining circles. The next 8 years will not be about privacy. Privacy is not a winning idea. It’s not what will see #Bitcoin uproot fiat because it’s not what will grow adoption. What it is is a complicated concept which well-placed insiders can use to bamboozle retail schmucks and institutional money because they won’t understand the technicalities m, but will be drawn to the narrative in a world of increasing censorship and control. It’s pure opportunism to further pump their own bags. There’s no real ideological bent towards privacy here, they don’t actually care, they just know they can use it to fleece more suckers as they’ve proved in resurrecting Zcash recently. They don’t need to do this, they don’t need the money, but they can’t help themselves - it’s who they are. View quoted note →
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stacksatsio 2 months ago
One day I’ll get around to writing a thread on how traffic actually works in #Vietnam. You see the craziest shit on the roads here.
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stacksatsio 2 months ago
A short review of a short book for #bookstr This time, “The True Believer” by Eric Hoffer. Consider this a “replacement” for Desmet’s widely acclaimed “The Psychology of Totalitarianism” which I read and reviewed earlier this year: View quoted note → Desmet’s book remains the worst I’ve read this year. This book does a much better job of explaining that psychology - how it works, why it works, on whom, and by what tactics. It’s all rather simple but when you combine with Le Bon’s “The Crowd”, you can understand why and how that is the case. You could knock this over in less than 2 hours and would undoubtedly come away with a better understanding of how and why totalitarianism works after that than slogging through Desmet’s love letter to Hannah Arendt. image