Marc Kat's avatar
Marc Kat
marc@primal.net
npub1marc...f3g0
I started writing for sats on the lightning network in 2019. Now I write on nostr and add my favorite blogs to a landing page.
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Marc Kat 2 weeks ago
I accidentally forgot to find my fountain wallet this month. I apologize to the v4v podcasts I did not pay. I also almost got my water shut off. It's not that I'm broke, it's just hard to transition to a Bitcoin standard without breaking stuff.πŸ˜…
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Marc Kat 3 weeks ago
I don't know why there is so much communist = libertarian propoganda these days. I have my own issues with the libertarian party , but I respect the people I disagree with. Some of them are even use the nostr protocol and I wish they would post more. image The following quote is from my copy of End The Fed, by Ron Paul. It was published a few months before the Genesis Block so we can't fault Dr. Ron for not understanding Bitcoin back then. He ran for president as a Republican in 2008, but as a libertarian in 1988. "It’s very attractive to the libertarian viewpoint if we can explain it properly. I’m better with code than with words though." Satoshi Nakanoto November 14th, 2008 Let's not forget that Central Banks are a communist phenomenon. Nothing is more Communist than stablecoins backed by government debt. As the United States goes bankrupt, let's not forget the real communist agenda advocated by people who don't understand that Central Banks are inclined to communist, authoritarian rule. View quoted note β†’
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Marc Kat 3 weeks ago
"Ludwig von Mises had it right many years ago when he predicted the downfall of socialist economies, including the Soviet system for a precise reason. Without a free market pricing system there's no way to make proper economic decisions regarding supply and demand for product is and services. Free market choices under socialism aren't permitted; the government sets the price and plans for production. Government bureaucrats can't know what only markets determine. Vital in the decision process is the profit-loss mechanism that rewards success and punishes failure Government ownership of the means of production eliminates the benefits of bad decisions by business managers being punished. Under the socialism and interventionism that we have today, the successful are punished by being forced to bail out the unsuccessful." Ron Paul End The Fed #endthefed
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Marc Kat 3 weeks ago
I found a copy of the white paper in my office. These are the first two paragraphs in the Introduction of the White Paper. This is what I think is so fascinating about the peer-to-peer electronic cash system we call #Bitcoin. Satoshi didn't write about collateral. He didn't mention Treasury Companies. As far as I can tell, stablecoins backed by the robbery of your children and sold to countries that get screwed by the IMF isn't in the white paper. You won't find anything about jpegs either. He talked about individual people transacting over a communications channel based on cryptographic proof instead of trust. It's time to get back to basics. image
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