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Sound Money
jsm@nostrcheck.me
npub1sg0j...5u3l
I'm a #Bitcoin maximalist (today more than ever, whatever the date of today) #SoundMoney #Anarchocapitalism #AustrianEconomics
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Sound Money 11 months ago
Bitcoin Core nodes: 91.66%↘️ Bitcoin Knots nodes: 8.12%↗️ (Data from 2 hours ago). coin.dance/nodes
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Sound Money 11 months ago
Says Paolo Ardoino: "Stablecoins single handedly bring unprecedented financial inclusion to hundreds of millions of people, especially in emerging markets." What Paolo doesn't mention is that Tether encourages monetary inflation, nor does he explain the risks that this entails. The "unprecedented financial inclusion" with Tether/dollars implies an unprecedented export of dollars created out of thin air, i.e. the price inflation is temporarily exported. The risk is clear: If the world were to reject the dollar, the boomerang would bring hyperinflation to the US.
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Sound Money 11 months ago
There will be a significant shortage of bitcoins on exchanges, but at the same time, there will be an abundance of sats. Divisibility guarantees Bitcoin's future as a MoE. #Bitcoin
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Sound Money 11 months ago
It would be interesting to know what he's referring to and, above all, in the event of a radical change, what other forms of money might gradually impose their hegemony. In the long term, I'm betting on #Bitcoin image
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Sound Money 11 months ago
Grandes discursos en la merecida condecoración de Huerta de Soto en Argentina.
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Sound Money 11 months ago
Merecido homenaje a Huerta de Soto en Argentina
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Sound Money 1 year ago
"Medium of Payment" and "Medium of Exchange" are not the same thing. I just wanted to say that.
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Sound Money 1 year ago
Elon Musk hasn't said the word Bitcoin since 2022. Will he talk about Bitcoin tomorrow or will he continue to bury his head in the sand like an ostrich? image
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Sound Money 1 year ago
The way Bitcoin separates money from the state is with the immutability of its monetary policy. But for the separation to be effective it has to be converted into money (CAMoE). And the use of Bitcoin as a strategic reserve favors adoption and its conversion into money (same NGU).
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Sound Money 1 year ago
From Scott Wolfe on X: The IMF have revealed their Achilles heel. It is Bitcoin adoption. They can strong arm governments into staying clear of Bitcoin but they can’t stop YOU! We the people have the unprecedented opportunity to end the predatory, anti-human, neo-colonial work of the IMF by adopting and using Bitcoin ourselves. Let’s accelerate this grassroots, global movement for positive change and a better world! ✊
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Sound Money 1 year ago
If you bought bitcoin here I want to follow you image
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Sound Money 1 year ago
As the price of Bitcoin plummets, it becomes increasingly imperative to diligently study and comprehend the intricacies of Bitcoin and monetary principles to uphold and perpetuate the foundational ethos of decentralization, transparency, and individual sovereignty that Bitcoin was designed to embody.
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Sound Money 1 year ago
Right now, there's FOMO, every bitcoiner wants to buy without KYC at the p2p market
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Sound Money 1 year ago
The "black market" label only exists because governments assert a monopoly over what’s "legal," usually to extract taxes or enforce control. But anarcho-capitalism rejects that premise entirely. Private property and mutual agreement are the only rules that matter. The brainwashing comes when people internalize the idea that freedom needs permission slips from above. It doesn’t. Trade is trade, and the only crime is when someone uses force or fraud. Everything else is just the state crying over lost revenue.
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Sound Money 1 year ago
A while ago, the socialist government of Spain made an announcement regarding state debt in which it said that this was a good thing, not bitcoins ("eso sî que es bueno y no los bitcoins"). Now it is Tether's CEO who is proud to hold US government debt. image
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Sound Money 1 year ago
@TiltedCheddar asks Grok3 to predict the price of bitcoin for the next 10 years. The results are interesting, but it's more or less a normal prediction of events. I've changed the parameters a little bit 😂 and I get the following: image