I just orange pilled a room full of guys. One of them came up to me afterwards and said he was going to trade all his shitcoins for BTC and take self custody. Don't stop.

You have my vote 🫡 View quoted note → (Why does anyone ask Hunter's opinion on anything?)

I for one, welcome this form of retardation View quoted note →

Telling people what to do is likely to cause the opposite. Telling people what not to do is likely to cause the opposite. I would hope that bitcoiners would realize this, but I see many examples where they do not.

Anybody selling loose leaf tea on nostr? Didn't find anyone on the search. #asknostr

It's never about the other person

I have been waiting for this movement to gain enough momentum to see people debunk it. I've met a number of these people IRL and they come off as deranged, but I appreciated the dedication. At the same time I have a deeply held belief that there are no solutions in the game, only in walking away from it. I'm not going to fill out paperwork to take back sovereignty I never lost. View quoted note →

Instant follow View quoted note →

I am currently re-listening to this book about the Weimar inflation between WW1 and WW2, originally published in 1975. A few thoughts are posted below. I find this book important to help in comparing and contrasting the current economic reality with that of another industralized nation with inflationary monetary conditons. Just as with patients in a hospital, economic conditions on a national scale are never exactly the same, but certain mathematical conditions remain the same. Some key differences: Germany was suddenly strapped with an unbelievable debt burden by hostile nations, some of which wanted reperations, others wanted revenge, and some wanted absolute destruction. The globized economy today functions very differently in terms of interdependency, which was the objective of Bretton Woods. The only currencies available in Germany at the time were paper notes and ledger entries of debt. As expected, this turned nearly everything into money, from company shares to fine furniture, but hard money (gold) won in the end. One of the biggest contibuting factors to the sovereign collapse was the government's inability to manage tax collection. A state with better controls on taxes could feasibly survive much longer. For all the hyperbolic rhetoric around the dollar failing or the fed being stuck in an impossible situation (which they are, but over a longer timeframe) the scenario described in this book clearly illustrates that the US is not experiencing a hyperinflationary event (yet). Reading this book provides some insights and indicators into the more extreme examples of people under inflationary incentives, some of which are manifesting now, but at lower intensity. Those who study bitcoin know the scenario could change in a short period of time, but it is worth noting that the government and the fed still have many cards that haven't been played and more being invented on the fly as technology advances (namely stablecoins). It's best to prepare for a long drawn-out process rather than trying to maximize benefit by taking out large debt burdens, for example. Conclusions: At the moment it seems the "dollar milkshake, then bitcoin milkshake" theory is still the most likely. Depending upon geopolitical movements, the US could trivially continue to bolster the dollar by forcing private enterprise to prop up the bond market and/or by outsourcing inflation to lesser fiat currencies. This may afford the system with a greater ability to decline gradually rather than rapidly, but the working class of the world will be footing the bill in either scenario. All I can do now is continue to educate those who wish to learn and focus on building parallel systems for the transition. As terrible as the current monetary regime is, a catastophic failure would be worse (Mandibles vibes). The fed's attempts to survive will give bitcoin, and bitcoiners, the necessary time to mature.

Blooming