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NutzCraw
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Just doing my best
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nutzcraw 1 week ago
To be alive during the birth of both Bitcoin and AI will be viewed by future generations as a remarkable feat.
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nutzcraw 3 weeks ago
Bitcoin is the cure to inflation.
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nutzcraw 1 month ago
“Courage is in much shorter supply than genius” - Peter Thiel
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nutzcraw 1 month ago
He who owns the scarcity makes the rules
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nutzcraw 3 months ago
You can look at the CPI % as a government metric that measures how fast they are managing the decline of your living standards.
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nutzcraw 4 months ago
Fact: Whatever taxes and prices for goods and services you pay now is the lowest they will ever be in dollars.
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nutzcraw 4 months ago
My wife quoting the legend of Satoshi to her work colleague is a proud & surreal moment.
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nutzcraw 4 months ago
Freedom of speech drives societal progress
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nutzcraw 4 months ago
Money is a market phenomenon born from the scarcity of time. It’s a tool we’ve all agreed to trade across space and time, exchanging our energy and effort for currency, the base layer of money. We then choose to spend it or, to preserve its value, invest in scarcer assets like houses or stocks. Every economic choice carries an opportunity cost: the value of what we forgo to acquire something else. For something to be considered money, it typically needs to serve as a store of value, a medium of exchange, and a unit of account. Historically, however, what we’ve called money often fulfills only one or two of these roles. Currency primarily acts as a medium of exchange, gold as a store of value, and assets like stocks or airline miles function as units of account. Bitcoin, however, is unique. Its scarcity ensures it stores value, its network enables exchange and innovation, and its divisibility into satoshis makes it an effective unit of account. Bitcoin is the closest thing to perfect money humanity has ever seen. image
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nutzcraw 4 months ago
Money was never a function of government. They hijacked it to extract more wealth from us to them.
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nutzcraw 4 months ago
Looks like Australians will be spending alot more time on Nostr. Thank you for your attention to this matter!
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nutzcraw 6 months ago
People are conditioned to expect rising prices, but few grasp the real reasons behind it. Inflation isn’t just about shortages or consumer demand. It’s about how scarce resources are and who gets newly created money first. Those near the money printer, like banks or borrowers, spend fresh currency before prices adjust, driving up costs for what they buy. This ripples outward, raising other prices at different speeds based on economic activity and resource scarcity. Inflation is a vector; it’s a force that pushes prices up at different rates. The rate of price increases from inflation depends on scarcity and proximity to the source of money creation.
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nutzcraw 6 months ago
“There is a time when the operation of the machine becomes so odious, makes you so sick at heart, that you can’t take part; you can’t even passively take part, and you’ve got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you’ve got to make it stop. And you’ve got to indicate to the people who run it, to the people who own it, that unless you’re free, the machine will be prevented from working at all!” - Mario Savio
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nutzcraw 7 months ago
If your after-tax income only covers housing and food, your job is just a means of survival rather than a path to improving your life.
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nutzcraw 7 months ago
The state is the only institution that gets its revenue through coercion, not production.
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nutzcraw 7 months ago
I am the architect of my own life; Reason and self-interest guide my choices
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nutzcraw 7 months ago
‪If a system is run by politicians, it’s price will be determined by politics‬.
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nutzcraw 7 months ago
Australia runs a certified Real Estate Ponzi Scheme
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nutzcraw 7 months ago
"A prudent man forsees the evil and hides himself, but the simple pass on and are punished."