Rune Østgård's avatar
Rune Østgård
npub1sv4zk080fvt4f3982u5kffzdkex3nm0kylky29um2xws5h4wsxvswtsrw4
npub1sv4z...srw4
Author of Fraudcoin, UNBAR and Arrow of Truth. undoqo.com
Did you ever reflect over this? 👇 The reason why monetary monopoly is such an enormously centralizing political tool is that the Cantillonaires (those who benefit from spending money created out of nothing) get positive compound interest from inflation, while the rest of us get negative compound interest. It blows up the gap between the two groups in no time at all.
Question: What happens to interest rates when every investing individual and company try to copy Michael Saylor and Microstrategy?
Do you want to make it easier to see through the fog of complexity? Do you want things to make more sense? And do you want a better life? Well, lean on me for a moment, my friend, and we can walk the first few steps together. image . Here are some basic ideas that can help us on our way: 1. The belief system (our ideas) that dominate society is layer zero, and dictates which monetary system (layer one) we get. 2. The most basic belief systems are: a) "People are in general kind, I am a free man, and we can play and cooperate" (free man mentality) and b) "People are in general evil, I am a slave and an NPC, we need a master to play us so that we don't rip the throats out of each other" (slave mentality.) 3. We only have two types of monetary systems to choose between: a) monetary freedom, which means that everyone must work to get money and compete for scarce resources on equal terms. b) monetary monopoly, which means that a monopolist can create money out of nothing and outcompete everyone else in a hunt for scarce resources. 4. If type 2 a) ideas (free man mentality) dominate society, we get type 3 a) monetary system (monetary freedom.) 5. If type 2 b) ideas (slave mentality) dominate society, we get type 3 b) monetary system (monetary monopoly.) 6. The monetary system, dictates how everything else in society (layer two) develops. 7. People produce children and build capital. 8. The state produces bureaucracy and destroys capital. 9. Introduction of type 3 a) monetary system (monetary freedom) quickly makes it possible for the people to dominate the state, enabling us to produce ever more children and ever more capital. 10. Introduction of type 3b) monetary system (monetary monopoly) quickly makes it possible for the state to dominate the people, enabling it to produce ever more bureaucracy and destroy ever more capital. *** The rest is mostly noise. However, two ideas are even bigger than the ones I have mentioned above: *** 11. You have the ability to control your own ideas and your own belief system, and you can be creative. 12. Ideas spread fast, because man is the most efficient and advanced Xerox machine ever made. *** Choose wisely, and have a nice day ❤️
Scandal The Norwegian Government Pension Fund Global is the largest sovereign wealth fund in the world. It has more than 500 employees and invests in real estate and securities outside Norway. Since its inception in 1998, the oil fund has lost 4 x the 2024 Norwegian state budget when we compare with the gold price as bench mark, which should be a bear case scenario. The fund isn't allowed to invest in gold or Bitcoin. I and a friend will release an article about this in Norwegian newspapers this week. We might translate it into English and see if we can have it printed somewhere else.
Blob-minions creep back to X to reclaim lost territory these days.
I spent 3 years as a national expert in the European Commission. Please forgive me 😁
People who believe those on the far left represent the very opposite of those on the far right can aptly be called "political flat earthers."
Not copper. Red. I believe that Bitcoiners have a special relationship with the concept we refer to as "truth." I'm not saying that we are more honest than others. But we appreciate more than most others being able to verify the correctness of something. For instance, we like the fact that everyone can verify the software code as well as each and every transaction. Nothing is hidden. Everything is in the open. We value that we don't have to trust someone who says that "Everything is A-OK." It's possible for everyone to check things out, without having to ask anyone for permission. I have had the same fascination with the concept of truth as long as I can remember. Like my father, I have also always been curious about how things work. He had an amazing talent for understanding technologies. My grandmother once told me a wonderful story from when he was a kid. I think he was 12-13 years old. He sat by the kitchen table and picked apart a mechanical sleep alarm clock, while he carefully studied how the pieces functioned together. After he had taken it all apart, he patiently reassembled it. It must have been very satisfactory for him to wind it up and hear the ticking. The final test was the alarm bell. "Ring ring ring!" It worked perfectly. My father had verified the truth about how the alarm clock worked. In the 1980s he became a computer engineer. I remember him sitting for hours in front of his PC, and how he used to fill up all empty spaces in the basement and his home office with all kinds of computer hardware. He passed away much too early due to cancer in 2011. Although I didn't inherit my father's understanding of technology, I got the same passion for diving deep into things, into the very core, and for understanding how things worked. Social subjects and books have been two of my main interests, which is something I have from my mother. She has always questioned things, and I'm exactly the same. I discovered at a very young age how important it is to accept the truth. I went to kindergarten from I was about two or thee years old. When I was four, I was moved out of the unit with the small kids and to the unit with the big kids. Some of the older kids started bullying me. They shouted: “Rune has red hair, Rune has red hair.” The people who worked there were unable to help me. So, I found myself in a hopeless, prison-like situation. I complained to my mother, and told her that I wouldn’t go there anymore. She tried to comfort me, and said: “It isn’t true what those kids say. You don't have red hair, it's copper brown, and it's beautiful." The only problem was, this couldn't solve a damn thing with the bullying. And of course, it didn't. The day after, I went to the kindergarten as usual, and the bullies pushed on. It's quite possible that I tried to yell back at them: "It's not red, it's copper brown!" If I did, it probably just made things worse, because it would be a confirmation to them that their bullying had the intended effect on me. However, something must have clicked inside me that day. When I came home, I met my mother in the entrance. I ripped the beanie off my head, and shouted angrily to her: “No, mama, look at this! It’s true - my hair is red - just see for yourself!" When I came back to the kindergarten the next day, I had accepted my faith. They had blond, brown or black hair. My hair was red. These were facts, nothing more. They noticed that I suddenly was OK with it. And then they lost all interest in bullying me. Accepting the truth had made me impervious to their insults. My mother told me this story many times, when I was a child, and also after I became a grown-up man. She says she's convinced that it was a life-changing experience for me, and that it would shape my personality. Looking back, I think I realized that ignoring the truth comes at a significant cost. And just as important, I think the episode taught me that embracing the truth could set me free. Today, it makes me sad to think back on the fact that my father and I often disagreed on many things. We had very different ideas about the relationship between individuals and the state. What started as civil conversations, too often ended in quarrels. It felt like our opposing opinions on politics drove a wedge between us. If he had lived today, he probably would have developed a fascination for how Bitcoin works. He wouldn't have trusted Bitcoin, just because others said it's immutable. I'm confident he would have picked apart every little piece of the technology, in an attempt to verify Bitcoin's promise. Just like I try to do with the socio-economic aspects of it. If my father had been alive today, I suspect Bitcoin would have brought us closer together. He could have explained the technology for me, and I could have explained Bitcoin's socio-economic functions to him. Possibly, he would have realized that I had been right when I challenged many of the things that the powers at be want us to believe. It's just guessing, of course. But it makes sense, because it seems to me that Bitcoin attracts truthseekers like a magnet. And at the same time, Bitcoin forces us to search for the truth together, instead of quarrelling about the correctness of something that others have fed us with. *** If you liked this piece, it would be great if you gave it a boost 🧡 image