The concept that people wanting to continue consumption forever is a keynesian lie… Under sound money with fair incentives becoming wealthy means you contributed to bringing down the marginal cost of production, or contributed to the adoption of the better economic system by adopting the sound money earlier and for cheaper. The way in which Bitcoin will make the world a better place because of these two factors is very interesting. Imagine someone with many bitcoins or even just 1 bitcoin 100 years from now. Their wealth far exceeds their consumption and the fact that they don’t spend most of their sats just makes the sats of poorer people worth more. Under an inflationary money wealthy people are incentivized to spend more or invest in assets like homes making home ownership unrealistic for most people. Charity could start to look completely different. Since wealthy people don’t spend more with sound money a dead persons UTXO does not increase their consumption, but gets primarily distributed to the consumption of poorer UTXO’s. By saving your sats and dying with them you can donate in a distributed way to the network with little of that being consumed by already wealthy bitcoiners. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

Testing so I can get on the most zapped in 24 hours on #primal

I accidentally double spended the retweet button on that last post. I need to keep my phone off black and white when on Nostr apparently. Now it’s there forever smh

In a couple decades there will be countries that have “banned” #Bitcoin only to face energy crises that can only be solved by their energy abundant neighbors. Too bad they only sell their energy in #Bitcoin. Fuck around and find out. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4

Satoshi probably knew that our current system would not disperse the benefits of the marginal cost of production of just about everything collapsing to zero, so he built the world a money that would distribute those gains and let us save as things become cheaper. He probably also knew that the thing that would have the hardest time seeing a decrease in marginal cost of production would be energy. 1. Growth in energy use stagnant since 1971. 2. Energy markets are built on non renewable forms of energy that get more scarce as we use them. 3. The entire global financial system is built on the petro-dollar and is not going to let cheap electricity win without a fight. By making bitcoin mining energy intensive and block subsidies get increasingly smaller Satoshi made it so that countries would fight to make energy become cheaper and cheaper rather than fight wars. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #halving

#Bitcoin is a physics protocol for the internet #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4

If a government is used to a certain amount of theft in the form of inflation and half of its people opt out and start using Bitcoin then they need to have about 2x the inflation to achieve the same amount of theft as before. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

Some of the smartest people in the world don’t see it but there is no path where marginal cost of production approaches zero and we maintain consistent inflation of the main money used by society without the break down of society. I don’t know if countries will forget the fiat system or people will just opt out, in the end I don’t think it even matters. Bitcoin winning is the only path. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

#Bitcoin will be a human right. #Bitcoin just happens to be the first human right that will erode any nation state that doesn’t support it. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4

Homeownership as the focus of the American dream is propaganda to suppress sound money that began the same decade as executive order 6102. I’m personally waiting for #Bitcoin to not only steal value from real estate as the primary savings technology but for governments to no longer feel the need to prop up its value. I can postpone home ownership longer then this “American dream” can last. And will enjoy my home(s) for what seems like a shockingly cheap amount of sats today. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

To get rich… Stack Sats To help developing nations… Stack Sats To solve the climate crises… Stack Sats To start a family… Stack Sats To opt out of inflation… Stack Sats To get back your time… Stack Sats To be optimistic… Stack Sats To create a better world… Stack Sats #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

Nature does not like monopolies. The systems we built, the very issue is that they go against natural law and create monopolies. We become disconnected and suffer the cycles of civilizational rise and collapse. #Bitcoin is our chance to get back to natural law. A scarce money that is not just tied to the laws of physics but will stop monopolization of industry, lead to decentralization our use of energy, and destroy the monopoly on violence that governments have exploited. We will be less sick, we will be happier, and I suspect back in touch with nature and ourselves. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

I’m looking forward to the day when Bitcoin miners build their own energy projects, and infrastructure. Populations will follow the abundance that is created in that area. The way we organize ourselves will allow for smaller happier communities and abundance for all. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining

Nature exists in a state of anarchy and the only “rules” are those of physics… Ownership of property is ultimately a game of power projection and all life is in perpetual power projection. Humans are great abstraction machines and are able to avoid this until the cornot equilibrium shifts to be too profitable to attack. Thus the final settlement layer of society is war or power projection. Bitcoin can become that final settlement platform for whatever amount of rules and value are put onto the network if it is 10% of global value it stands to reason that around 10% of power projection will be bitcoin mining. Potentially much more since any amount of power projection should give a reward via mining pools. In war countries must expand a minimum amount of force to achieve their objective and must face repercussions from countries not in favor of their actions. Because of this bitcoin mining will be a more efficient return on investment for power projection. The Carnot equilibrium for attack would completely change as Bitcoin became a dominant asset globally. If Bitcoin becomes a parrellel payment system and store of value then the world being more at war would increase its value(I suspect market cap must get to at least golds for that to happen). This means that if things did get bad enough that countries wanted to do final settlement in war which appears to be happening more and more, then the value of bitcoin rising would decrease that likely hood. At this point the system that is the most prosperous essentially wins. Central Banks, politicians, and governments don’t have much say in the matter, this is a fair fight of the petro-dollar system vs a digital store of value system backed by location independent energy. Either a small amount of inflation is necessary for society and bitcoin is a backup system that also allows for development of small nations and levels the playing Feild and keeps the country in charge of printing somewhat in check, or an Austrian economic model is preferred by individuals, bitcoin standard is the winner and disrupts the keysnian model completely. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4

The rise and eventual collapse of societies literally can be simplified to the investing class shorting their own money via investments. #bitcoin #economics #nostr #discussion #gm

Egregore: non-physical entity or thoughtform that arises from collective thoughts and emotions. In a way the first egregore was probably death. Perhaps power hierarchies but in animals those arise more from the current fear of pain/death or seeking of pleasure related to survival like food or sex. pain is an instinct of the risk of death on the organism. Pleasure is an instinct for the needs to thrive and procreate. Humans therefore may be the only animals that have egregores and after death the next egregore may of been money. Money likely existed in some capacity as a belief system equating to energy before agriculture began. Once we could think more 4 dimensionally(probably from psilocybin induced synthsia) thinking Into the future and the past allowed the concept of death to become an egregore. So did the structure of power hierarchy’s. We think into the future of that social structure. Money or just scarcity of an item can portray the meaning of the structureand peoples place in it. It took proof of work to get the scarce resource on a kings head. Crowns are in all sorts of cultures essentially proof of the power the person has by showing the work they can store that took to get the rare item. An abstract value system that is collectively believed and would not work without the concept of death and that structure gives predictability in exchange for a tax of energy of the people within the system. Stabler systems tend to prevail and more people believe that egregore that prevailed. Systems or governments want to increase their capture of energy via tax. They will invade and control what they can, especially places with high frequency of trade like shipping ports or places with lots of resources. The sang “death and taxes” they are the the most persistent egregores of the human story cross culturally and across time periods. I’ve heard Bitcoiners now say “death taxes and bitcoin”. There is still transaction fees to reward miners it is taxes in a frictionless domain so it takes less energy per trade but it is still the egregore of death and taxes. Only these egregores are immortal in my opinion. As for the implications of this… One solution being proposed with Ai is for us to put it into our brains so we “control” it but what if instead it was built onto the most energy consuming and persistent egregore humans have… Bitcoin essentially being symbiotic with the hive mind of humanity via markets would want us to prosper and us wanting the network to do so creating a giant super Intelligent ant colony so to speak that benefits from the super organism that is the bitcoin network. I think that if we ever have a super intelligent AI as a part of how we work as humans it exists on top of an egregore that needs us to believe in it to stay alive. if it does not help us prosper we stop believing in it, it stays alive by us believing in it. If people don’t believe in it they stop mining stop using nodes transacting int it and saving in it etc. By the economy running on bitcoin we control it as an egregore, an idea bigger than us but we hold the power and so any Ai running on the network would simultaneously be open source, have more access to energy then any other computer network, have all the economic data at its disposal in real time, and be fully incentivized to benefit humanity. #plebchain #nostr #bitcoin #ai #zap #sat #discussion

As more capital increasingly becomes knowledge and as more of the capital is recorded on the #timechain economies of the world will see capital depreciation approach zero. What happens after 1000 years of near zero capital depreciation, perfect saving’s technology that can’t be fucked with, and an exponential increase in our ability to harness energy??? I think it means a trillion+ humans all living in abundance with the freedom to pursue a meaningful life. Satoshi gave us the blueprint and initial steps to build this future. I’m just grateful to be alive at a time to help build that. #satoshi #subsidizethis #nostr #bitcoin

GN #nostr

Been thinking of how #bitcoin and #nostr have the potential to lead to technologies that will allow for a universal basic income independent of the state. This seems needed for a post labor economic system. We can build ways to have advertising revenue go to users and not tech companies. The amount that goes to the company/clients will be a race to zero due to the ease that users can switch to a new client. This will also be able to solve issues with spam. My question lately though is how can we bias the #ubi to human users over accounts that are bots. How can we make sure that their is not an incentive to make 1000s of accounts that can collect a share of the ubi? Potential solutions and there downsides… 1. Every human has their own unique finger print or face, could this or other biometric data be used. What are the trade offs here In privacy. There must be potential downsides. Who gets all this data. What about after the person is no longer living, how do we verify that with reduced dependency on centralization? Will it be possible to fake a human finger print or other biometric data? 2. Will systems that distribute ubi be in charge of verifying what accounts are an individual person and deserving of the distribution? Basically I’m attempting to crowdsource some leads on new areas of information. I’m working on solutions in this area and want to know how we can make the difference in sovereignty of the great grandchild of someone who stacked sats be as close to possible to someone who is born with no sats in their family lineage. #sovereignindividual #universalbasicincome #asknostr #client

The halvings will change the time preference of companies. When on a bitcoin standard in the future or today if your a Bitcoin company you’ll measure your growth in bitcoin not fiat. Because Bitcoin has cycles from halvings, measuring quarterly growth makes no sense. Rather growth of the company should be measured in bitcoin. Most companies will get smaller each year as we transition to post labor economics. The companies that grow in bitcoin terms will be the ones able to contribute to making their sectors highly deflationary. As companies time preference moves towards 4 year goals instead of quarterly goals humanity will benefit greatly🧡 #nostr #bitcoin #lowtimeprefrence #halving