Money printing is the forceful seizure of others' wealth without providing equivalent value in exchange.
Michael Snoyman
michael@snoyman.com
npub1uwa9...cjh4
Programmer, economist, author, speaker, weight lifter, Bitcoin enthusiast. Born in 🇺🇸, living in 🇮🇱
עזרי מעם ה' עושה שמים וארץ
Since I'm on a posting roll this morning, I'll mention: I just took on a major project at work, very engaging and time-demanding, so expect to see more days of silence followed by an hour of dumping all my thoughts on the Nostr-verse. #sorrynotsorry
Capitalism is democracy of productive output*.
*Terms and conditions apply, offer not valid in presence of money printing.
My ‘avoid central planning’ philosophy isn’t just for politics. It runs through business, coding, parenting, and daily life. Some planning helps, but way less than people assume—flexibility beats overcontrol every time.
Raw talent is absolutely important to success. And for the most part, the people who will transform society are the most extreme outliers of raw talent.
However, outside of these extremes, effort and dedication will overall have a larger impact on results than God-given abilities. (Terms and conditions may apply.)
GM Nostr! And a happy Purim! #memes #memestr 

GM Nostr! #memes #memestr 

Psychology for software engineers: your brain is a distributed system
Holy shit some people have really idiotic understandings of how fair exchange of value works #economics 

#memes #memestr 

The first PR on a brand new major framework project is always the trickiest :)
Well, besides the PR adding a basic README 🤣
Alright, I've seen a bunch of people talking about Jumble, so giving it a shot. So far so good :)
GM Nostr! #memes #memestr 

GM Nostr! #memes #memestr 

GM Nostr! Paycheck just came in. Bought the dippity dip. #bitcoin 

I wonder if any nation states are buying the dip #bitcoin
GM Nostr! No idea if this one is true or not, but I want to believe #memes #memestr 

New method for working out tech ideas:
1. Start a voice chat with Grok
2. Discuss everything I've been thinking
3. Tell Grok to ask me clarifying questions
4. Ask Grok's opinion (yes, opinion) on parts I'm uncertain of
5. Ask for thoughts on names, simplification for terminology
6. Get a full product description, short explainers for different audiences, and potential marketing spin
It's like having an active rubber duck plus note taker all in one.
Has anyone read the book “Give and Take” by Adam Grant? I’m part way through, and it’s making an interesting argument in favor of, essentially, generosity. The implication so far is that, when done correctly, selfless giving creates value.
I like the idea overall, it’s a nice nod to altruism. However, it’s somewhat at odds with capitalist approaches of value-for-value. In particular, it seems to contradict things like the implicit roles of Atlantis in Atlas Shrugged.
I’m curious if others have had similar thoughts on the book, or frankly anything else. #economics #asknostr
My company has recently started adding BTC to its balance sheet, which makes me _very_ happy. One side effect is that at our weekly leadership calls, we're now regularly discussing short-term BTC price action. Yesterday, I finally came around to the idea that we're going to be range bound between $85k-$95k for a while. Not that it bothers me personally, I'm a long term HODLer, but business needs are different and require shorter term time horizons. And this appears to be a pretty widely held consensus view.
Watching this Swan video this morning, it's making me wonder: since there's finally consensus growing that the BTC price isn't about to explode, are we ready for people's expectations to be subverted once more? I can't wait to hear what the announcement is later today on the strategic reserve, should be very interesting. #bitcoin
I'm also totally open to this video just being Swan marketing hype/hopium 😆