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The Commoner
TheCommoner@primal.net
npub1m26g...4rxh
Just a dork that knows how to get in trouble LIFE = BITCOIN LIBERTY = NOSTR JUSTICE = PROOF OF WORK
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TheCommoner 4 months ago
@Jeff Booth HEARD THE POD WITH FRANK AND A THOUGHT POPPED INTO MY HEAD…AND I AM HOPING MAYBE YOU CAN PERHAPS ELABORATE ON IT? “BITCOIN COMPANIES” THAT ARE VALUING THEMSELVES USING A FIAT VALUATION ARE REALLY DOING THEMSELVES A DISSERVICE. THAT IS TO SAY… IF WE ARE TRULY SEEING AND VALUING BITCOIN AS THE FIRST AND ONLY GLOBAL FREE MARKET NETWORK CAPABLE OF EXCHANGING VALUE ANYWHERE AND ANYTIME…IT STANDS TO REASON THAT VALUING ANYTHING IN THE OLD FIAT TERMS IS SIMPLY NOT OBJECTIVE REALITY… IF THAT IS INDEED THE CASE… (AND IN MY MIND IT IS) IT SEEMS THEN THAT TALKING ABOUT COMPANIES, OR DOING DUE DILIGENCE ON COMPANIES AND USING THE CAGR IN FIAT TERMS AS A METRIC OF ONES EVALUATION… IN SO MUCH THAT YOU ARE USING FIAT, WHICH IS PERPETUATING ITS EXISTENCE? I THINK THAT SYSTEM OF VALUATION HAS TO BE TWEAKED AND VIEWED IN STRICTLY BITCOIN RETURN AND MAYBE ADDING THE BUSINESSES ABILITY TO OPERATE IN A WAY THAT IS DEMONETIZES THE MOST FIAT IN A SUSTAINABLE, PERSISTENT, ORGANIZED MANNER?
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TheCommoner 4 months ago
OK STAY WITH ME HERE… THE UNITED STATES GOVERNMENT SHOULD INCENTIVIZE ITS CITIZENS TO BUY AND HOLD AS MUCH BITCOIN AS POSSIBLE CAUSE IN THE END WHAT’S GOOD FOR THE PEOPLE IN THIS COUNTRY IS GOOD FOR THE COUNTRY AND IF ALL THE OTHER COUNTRIES HOLD LESS BITCOIN THAN US IT IS GOING TO BE TALL HARD FIT THEM TO CATCH UP AND LIKE THE GOVERNMENT OR NOT…. WE STILL LIVE IN A COUNTRY THAT HAS MORE FREEDOM AND IS MORE ADAPTABLE THAN ANY OTHERS…. AND I KNOW THAT SOUNDS CRINGE TO SOME BUT THE FACTS ARE THE FACTS AND DEMOCRACY HAS BEEN LOSING ON THE WORLD SCALE… WHATEVER COMES NEXT WE WILL HAVE FOR A LONG TIME… THE ONLY PASSPORT NEEDED WILL BE BITCOIN
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TheCommoner 4 months ago
@Lawrence Lepard and @Jeff Booth …. ON E THE FED STARTS CUTTING RATES THIS TIME AROUND…. AND SHORT TERM BOND RATES DO NOT COME DOWN…OR MAYBE THEY DROP A LITTLE AND THEN CREEP BACK UP??? WOULDN’T THAT BE A PRETTY GOOD SIGNAL THAT WE ARE IN A CRACK-UP BOOM OR AT LEAST THAT THE FED HAS LOST CONTROL OF THE MONETARY SYSTEM THAT IS BUILT ON FIAT AND IN SUCH A SCENARIO, WHICH IS MUCH LIKE WHAT WE ARE IN RIGHT NOW (JUST RIGHT NOW WE ARE AT MUCH SMALLER TOTALS)… THEN…. THE BITCOIN SYSTEM AND EVERYTHING BEING BUILT ON IT IS LIKELY (BASED ON PREVIOUS CYCLES) TO REMAIN STANDING THE STRONGEST AND TO BENEFIT THE MOST WHICH WILL ALLOW IT TO GROW THE MOST IN TERMS OF WHAT PEOPLE BELIEVE IS VALUABLE TO THEM DEPENDENT ON WHICH SYSTEM THEY OPERATE IN?
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TheCommoner 4 months ago
SO HEAR/READ ME OUT … IF YOU ARE A BITCOIN TREASURE COMPANY AND YOU HAVEN’T SHOWN PROOF OF RESERVES FROM THE BEGINNING… WHEN THERE IS THE INEVITABLE BLOW UP AND/OR MELTDOWN IN SOME COMPANY THAT HASN’T SHOWN PRIOR OF RESERVE FROM THE START…. WOULDN’T THOSE OTHER COMPANIES WHO HAVEN’T SHOWN PROOF OF RESERVE BE MORE AT RISK OF SING A MAJOR SELL OFF THEN THE ONES WHO HAVE BEEN MORE TRANSPARENT??? IS THIS THE “ACHILLES” OF SAID COMPANY? IF I WERE INVESTED IN MSTR I WOULD BE EXTREMELY CAUTIOUS AS THIS TYPE OF EVENT IS IN MY OPINION MORE LIKELY TO HAPPEN THAN NOT IF I UNDERSTAND THINGS CORRECTLY?
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TheCommoner 4 months ago
PEOPLE TELL ME THAT I HAVE A NEGATIVE VIEW OF LIFE WHEN I START TO DESCRIBE TO THEM THE PROBLEMS CAUSED BY OUR MONETARY SYSTEMS BASED ON FIAT…. THEN WHEN I TELL THEM HIRE THESE SYSTEMS CHANGE WHEN THEY ARE BASED UPON BITCOIN…. YOU GUESSED IT…. THEY DON’T BELIEVE ME 🤦
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TheCommoner 4 months ago
SERIOUSLY - TRUMP IS GOING TO TAKE OVER DC BECAUSE ONE OF THE DOGE TEAM WAS ASSAULTED? LIKE IF HE WAS ASSAULTED ONLY BE AUSE OF DOGE….THEN MAYBE I SEE IT BUT EVEN STILL IT WOULD BE MORE LIKELY THAT SOME GROUP HAD INFLUENCED THESE ATTACHED AND THAT IS WHO SHOULD BE HELD TO ACCOUNT FOR THIS DESPICABLE AT OF COWARDICE!
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TheCommoner 4 months ago
I CANT WAIT FOR THE 200K SATS I HAVE ZAPPED TO BE WORTH 200K DOLLARS :) AND THEM 2MILLION DOLLARS :)