Replies (14)

Joe Bloggs's avatar
Joe Bloggs 1 year ago
If everyone believes and follows "This is the way" then evolution stops and we are all doomed.
Dexter's avatar
Dexter 1 year ago
Just gonna keep stacking #bitcoin while it’s still attainable. Then it’s Yoga, Samoyeds and Synthesisers to fill in the time.
Dexter's avatar
Dexter 1 year ago
If everyone stacks bitcoin then we all get rich and can focus our time and energy on other more noble pursuits.
Joe Bloggs's avatar
Joe Bloggs 1 year ago
I believe the best way for Humanity to progress is to exchange Pure Human Empathy with each other. I also believe, that is exactly what Bitcoin does, the evidence is beyond compelling. So to switch your focus from Bitcoin would be counter productive. Stacking Sats until you feel rich and then focus upon something else, that's similar to the protectionism of the Clown World we are trying to escape. Well that's my opinion, for what that's worth.
Lord, haste the day when Bitcoin is the primary money When the money printer is no more And the price of everything goes down forever
It got me so bad, 😂 I 😂 usually get annoyed with those videos relay.primal.net
Dexter's avatar
Dexter 1 year ago
How do you think bitcoin achieves this? Genuine question I’m curious what you think.
Joe Bloggs's avatar
Joe Bloggs 1 year ago
Okay, I've done a series of papers that I'm working on and will produce more to further this. I post notes on these as I progress. This the first of 7 I've done so far 00 to 06. Have a read, it starts to explain this and the others expand on this too. Feedback is appreciated, if you have any thoughts or comments.
Joe Bloggs's avatar Joe Bloggs
Title: Barter Exchange Before Money and Numeracy: How All Exchanges Were a Direct Exchange of Human Empathy Introduction Before the invention of money and numeracy, humans engaged in barter, a system driven by empathy, trust, and mutual understanding. This post explores how human empathy was the foundation of exchange in the absence of standardised currency and numeracy. Parity between the use of money and numeracy wasn’t achieved until the 20th century, significantly altering human interaction. image Barter Systems and Empathy Long before coins were minted in Lydia (~600 BCE), humans traded directly, exchanging goods such as grain, livestock, and tools. In these transactions, empathy was critical. Without numeracy, people had to negotiate with an understanding of each other’s needs, making empathy the true “currency” of these exchanges. Trust, rooted in personal relationships, was essential for successful barter. The following is in order of the Era, the System, Empathys Role, was Money Introduced and what was the Numeracy Level at that time. Prehistoric (before 6000 BCE) Barter Essential for trust No No Mesopotamia (~3000 BCE) Barter + Trade Central to trade No Limited to elite Lydia (~600 BCE) Coined Money Declining role Yes Still rare Roman Empire (~200 BCE - 400 CE) Monetary Economy Some role remains Yes Growing for elite Middle Ages (~500-1500 CE) Feudal Barter + Currency Key in rural areas Yes Limited numeracy 19th-20th Century (~1800-1950 CE) Monetary System Less empathy Yes Widespread numeracy The Role of Empathy in Trade Barter systems required empathy as traders had no numerical metrics or money to guide exchanges. Trust between individuals was critical for negotiating value. Human empathy ensured fair exchanges, strengthened communities, and was the basis of survival. Impact of Money and Numeracy When money emerged, starting with Lydia, it reduced the direct role of empathy in exchanges by standardising value. Over time, the spread of numeracy—basic arithmetic skills that became common between 1900-1950—transformed how individuals engaged in trade. Parity was finally reached when people could both use money and understand its abstract value. Conclusion Before money and numeracy became widespread, barter was based on empathy. As modern economies developed, the personal and empathetic aspects of exchange diminished. Understanding this reminds us that economic systems once required deeper human connection—an essential part of early trade that deserves reflection in today’s complex world. Sources: Glyn Davies, A History of Money David Graeber, Debt: The First 5,000 Years Niall Ferguson, The Ascent of Money Joel Kaye, A History of Balance, 1250-1375 Importantly, Empathy could not be transferred in to Money as humans did not have the level of numeracy to allow that to happen and Money was not strong enough to accept that Empathy in any event.
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The question us, how do you know when the money printer is on when most of the money is generated in the private banking markets, and is affected by a lot more than just US central bank policy? Is there a reason to think the carry trade is unwound? And if it isn't, is there a reason to think it unwinding rapidly wouldn't result in deleveraging as people rush for dollars to pay off their Yen liabilities? To say nothing of China.
Dexter's avatar
Dexter 1 year ago
First, you should set up a lightning wallet. I tried to zap you but couldn’t. I see a loose correlation between lack of empathy and the increase in adoption of money as a technology. I think we currently have more empathy for each other than at any point in history. The ages you refer to were dangerous and while you would trust your village you would strongly distrust anyone outside of your circle. There definately was a much higher need for trust pre currency and this was a highly limiting factor in the growth of civilisation. A human can only really manage 100 or so genuine relationships. So if trust is a requirement for trade then the maximum size of your settlement is limited by that. Money does remove trust from the equation. That’s the point. It also solves the coincidence of wants which was another limiting factor. Because of money we can travel globally across cultures without the need to trust which paradoxically allows us to be more trusting.
Joe Bloggs's avatar
Joe Bloggs 1 year ago
Thanks for your thoughts, firstly may I ask if you have read all 7 of my notes? I know it's over 10,000 words, within those 7, and it's not a trivial thing to ask another to do. I think it makes sense to read all 7 and see what your thoughts then are? I'm a little busy at the moment and only using my phone or I'd add all the links in order and post a note. In terms of setting up lnd for Zaps, it's something I need to do, I just need to ensure it is not contrary to me, irrespective of sharing empathy.
Dexter's avatar
Dexter 1 year ago
No, I just read what u posted. But I’ll have a look for sure