Running Bitcoin Knots. I run filters! My Bitaxes "Mine" they do more than "Hashing". For me Bitcoin is a monetary ledger, not a generic DB. I do want I want. "O povo é quem mais ordena!". "The plebes have a leading voice!"

When you only listen to music by Bands that do the Proof-of-Work you know what I mean….,

GM!! I am on #nostr and #bitcoin not for the value, but for the values!

Another great talk by Michael!

Amen! What a simple code, running on decentralized hardware, can do to the world! Amazing! Mind Blowing! View quoted note →

GM! #bitcoin is winning. #nostr is winning. #decentralization is winning. #sailor #MSTR is winning. Multiplier effect gamma squeeze against fake reality. The world is winning we are winning! #peace #love

My 4Fs (Fiat Friends Family and Fools) SAY: • Bitcoin is at ATH – All Time Hights, against all Fiat Currencies!! • I SAY: These Graphs are built with FIAT mindset. They should all be inverted. 1 BTC = 1 BTC now and forever. It’s not BTC that is on ATH it is the FIAT money that is in ATL – All time Low. Bitcoin is capturing all the value, and energy of the FIAT economy. The Hodlers are capturing it all. FIAT (debt) money is losing trust, over a system that doesn’t requires trust. Change your Fiat Matrix!!

WTF Happened in 1971 ?

WTF Happened In 1971?

WTF Happened In 1971?

https://inflationdata.com/articles/2022/08/10/u-s-cumulative-inflation-since-1913/ "I don't believe we shall ever have a good money again befo...

My 4Fs ASK (Fiat Friends Family and Fools) : AI is the most transformational technology in the world, much more than Bitcoin!! I SAY: • We live in a deflationary world! Technology grows exponentially, stuff that once cost X amount today costs less and will cost even less in the future. This means that we should live in a world where prices should always be falling! With the same income, people would have more purchasing power. Why doesn't it happen? • You know... increase in the money supply... The increase in the money supply is not 2%... Inflation is not 2%. Real inflation is the target of 2 %, plus all the deflationary innovation that has been deployed in the society, which should lower prices by 5-7% every year. We're talking about ~8% per year, compounding…every year.... Not to mention years when inflation is still higher as it has been lately... • All this value is being captured, only by one part of our society, the Cantillonairs, first by those who are close to the money printing machine and then by those who have assets that keep pace with inflation. The group that suffers the most, are all those who have no assets... They are getting poorer and poorer, the degradation of society is notorious. • All the benefit of innovation is being captured by few, who are getting richer and richer. • AI, applied to the current model, will create huge efficiency benefits. With AI, technological innovation will grow even more to an even greater exponential level! Which means that AI, under current FIAT rails, will further skyrocket the wealth inequality, and concentrate it on a small group of society. Those close to the money printing machine, and to a lesser extent, those who have some assets and finally NOTHING to those who have NO assets. Creating even greater social cleavage. • Understood so far? AI is a problem for current society as it currently runs under FIAT rails. It will cause disruptions, cleavages, wars... • Let's now imagine a scenario. A scenario in which money is not printed and is constant over time (fixed supply), which is accessible to everyone globally, and is permissionless from any state or nation. • In this scenario, innovation would make prices go down continuously, meaning that prices would be deflationary. But since the supply of money supply remains constant, it means that the holders of that money supply would have more and more purchasing power. Because this money is accessible to everyone, everyone who owns it, will benefit... This money fully captures all the benefits of innovation equally, for all, in proportion to their savings that have been achieved by their labor and energy consumption. • BTC ensures that the benefits of AI are distributed to all holders of that money supply. We will live in a society of abundance, for ALL. • The current AI model, over FIAT rails, creates abundance for a few and poverty for the many. AI on BTC rails CREATES ABUNDANCE FOR HUMANITY.

My 4Fs (Fiat Friends Family and Fools) ASK: As we all know bitcoin has a limit, when we reach that limit how is the value of bitcoin defined, assuming that the cost of bitcoin is the floor of the energy cost of the system + speculation? I SAY: In a hyper bitcoinization scenario, the price would be the inherent cost of energy + the capital cost of investing in mining and its margin + speculation - yes. But there's another component you're not considering – productivity gains. We should all live in a deflationary world. Exponential technological growth is a constant pressure to lower prices. You don't see it because it's being captured by the central banks and their Cantillonaires (Cantillon effect). In reality, Inflation is about 8%, because it is the theoretical inflation of 2%, plus about 5-7% of deflation inherent to innovation productivity growth. All of this value is energy that is being taken out of the economy and is not creating value effectively. In a deflationary future, your BTC is always appreciating, firstly because it is scarce (fixed supply) and limited resource but mainly because all the economic growth of the economy and technological innovation is captured in BTC as a strategic reserve. Therefore, the growth in the value of BTC would be associated with global economic growth, and would be exponential, in-line with the exponential advances in technology. We would live in a world of Abundance. That is why I spend much of my time doing the work of studying BTC. I want a better world to my children! A world of Abundance and Freedom!

My 4Fs (Fiat Friends Family and Fools) ASK: You see, Bitcoin is not a payment currency, people prefer the use Stable Coins. I SAY: We have to carry out Trx in stable coins because the USD is the (still) global reserve currency. People know the USD, not so much BTC. Although, BTC is increasingly present... Stable Coins are an entry door into DeFI (Decentralized Finance) world, once a person enters this world via this pathway, learns, and will quickly understand BTC. Stable Coins are an Onboarding tool to DeFI! Bitcoin being the best money (there is no second best!) it will attract sooner than later all those people.

My 4Fs (Fiat Friends Family and Fools) ASK: Bitcoin cannot be a currency because it only truly fulfills the function of a store of value! I SAY: Money needs its time to move from a collectible to price setter. It only happens immediately when there is a government that submits it into its people. Accepting BTC is an individual decision. It's organic. More and more merchants have Bitcoin Points of Sale. In Madeira, I got tired of paying in BTC, coffees, meals, drinks, gifts, I paid a lot in BTC. You only have to look at BTC MAP to see that there are more and more merchants accepting BTC. Check Madeira and Lugano. Two of the European Bitcoin Lighthouses!

The good thing about #Bitcoin is that It represents so many things to so many people!!!

This weekend #bitcoinatlantis was transformational to me. From now on, my FIAT work is my Hobby, my work is Bitcoin. Focus!!!!

Thanks @Lyn Alden . Just ordered from an EU shop!! Looking forward to read it!! View quoted note →

Knowing Hayek Austrian economic views on Money is a must! Thanks @walker to put them at hand and available to the curious people out there - rugged everyday with inflation.

Spotify

Bitcoin Out Loud: Choice in Currency: A Way to Stop Inflation (F.A. Hayek)

THE Bitcoin Podcast · Episode

Quote the message attached to win some Sats!! View quoted note →

You are right ! There are many fucking Bitcoin podcast around! But I definitely follow your content even before your new podcast endeavor. Listened to one (below) on Spotify and will definitely listen to more in the future. Keep on doing it!!

Spotify

Bitcoin News Roundup: RFK Jr Says No Cap Gains on Bitcoin, Bitcoin ETFs, CBDCs & More (July 19, 2023)

THE Bitcoin Podcast · Episode

View quoted note →