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Alan
abitspicy@getalby.com
npub1qkr8...seex
Bitcoin evangelist in the Upper Midwest who loves the heat. Peace * Prosperity * Freedom
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ABitSpicy 11 months ago
A thought-provoking article by @Libertarian Institute 's Kym Robinson about our digital world. "Social media feeds have a tendency of pushing in front of us what they think we desire (or what’s in corporate or government interests). In a future when AI becomes increasingly “custom” for each user, we may further bury ourselves into a digital realm where we are not challeneged at all, never coming into contact with anything controversial or contradictory. The avoidance of “triggering” content deteriorates the intellect. It is not empowering to avoid exposure of harsh realities. Affirmed delusion may develop into a dangerous conviction that can manifest in the real world, where a person not used to being challenged throws a temper tantrum when they encounter a real human being who does not agree".
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ABitSpicy 0 years ago
Great article by Thorsten Polleit about the evils of government issued fiat money. "fiat money is an elixir of growth for the state—making it larger and more powerful—steadily eroding, undermining, and abolishing civil and entrepreneurial freedoms." How does a society take control away from the government, and place control back in the hands of the sovereign individual? By using hard money that the government cannot exploit - #Bitcoin Bitcoin is much more than a "number go up" investment. Bitcoin is truly the currency of liberty!
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ABitSpicy 0 years ago
How does #bitcoin differ from the fiat, centrally controlled, government money system? As stated by @Saifedean Ammous in The Bitcoin Standard: "Being an entirely voluntary system, #bitcoin can only operate if it is honest, as users can very easily leave it otherwise". The government money system is neither voluntary or honest. The Bitcoin Standard is available at:
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ABitSpicy 0 years ago
When discussing why central banks don’t sell their gold, even after fiat currency stopped being redeemable for gold, the following statement from @Saifedean Ammous is offered in The Bitcoin Standard: “In this trade, the central bank would only gain a fiat currency it can print itself, and would lose an asset which will likely gain value over its own currency”. While you set out your vision and goals for 2025, spend some time learning about fiat currency, like the US dollar, and what types of assets are likely to gain value over time. A great place to start is reading The Bitcoin Standard, available at: Your future self will thank you!
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ABitSpicy 1 year ago
I find it interesting that the United States occupies land in a foreign country (Cuba), but restricts the ability of US citizens to visit Cuba. A quick internet search shows US citizens can travel to Cuba, IF the US Office of Foreign Asset Control (another government agency I did not know existed until today) grants permission. "Authorized Categories of Travel: You must choose one of the 12 authorized categories of travel, as defined by the US Office of Foreign Asset Control (OFAC)". Looks like in the "Land of the Free" movement is restricted. (Aerial view of Bulkeley Hall, the headquarters and administration building at Guantanamo Bay Naval Base) image
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ABitSpicy 1 year ago
Some highlights from "The Biggest Mistake America Has Ever Made" by Jacob G. Hornberger. You can read the entire article at: https://mises.org/power-market/biggest-mistake-america-has-ever-made "In other words, the more restricted the powers, the freer the people would be. The more unrestricted the powers, the less free the people would be". "They understood what modern-day Americans do not understand — that the greatest danger to their freedom and well-being lay not in some foreign threat but rather with their very own government". "Since Americans are inculcated with the notion that they are a free people, they do not question the national-security state form of government. Instead, they are convinced that it’s part and parcel of a free society, notwithstanding the fact that such authoritarian and dictatorial regimes as Russia, China, North Korea, Cuba, Egypt, and many others are also national-security states". "They all have been inculcated with the notion that the Pentagon, the CIA, and the NSA are necessary for their safety and security". "The federal judiciary has made it very clear that it will never interfere with any assassination of either a foreign citizen or an American citizen as long as it relates to the protection of 'national security.' "
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ABitSpicy 1 year ago
All Risk, Little Gain: U.S. Authorizes Long-Range Strikes into Russia. "Instead of Trump-proofing and prolonging the war, the Biden administration should be facilitating a transition to diplomacy. Sooner, as Trump promises, or later, as Biden is supporting, the war in Ukraine will end at the negotiating table. And the result will likely be the same, minus all the deaths that are yet to come."
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ABitSpicy 1 year ago
Learned about the Travel Rule today. Unfortunately, government has inserted its tentacles into the crypto industry (#Bitcoin included) by requiring cryptocurrency service providers to provide the following personally identifiable information about their customers: * Name and wallet address of the sender * Sender’s physical address, national identity number, customer identity number, or date and place of birth * Name and wallet address of the recipient. Of course government sells this regulatory requirement as a "safety measure" to prevent money laundering and illicit activities (activities the government doesn't agree with, or is unable to skim off the top).
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ABitSpicy 1 year ago
Discovered a couple neat projects supported by @OpenSats education grants: 1 - BTC Map A global directory of Bitcoin-accepting merchants. 2 - Entropy Bitcoin Education A place dedicated to making Bitcoin education fun, interactive, and globally accessible. https://entropy.page/pow.html Learn more about some of the other @OpenSats education grants at
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ABitSpicy 1 year ago
Why Bitcoin? "Bitcoin offers the modern individual the chance to opt out of the totalitarian, managerial, Keynesian, and socialist states. It is a simple technological fix to the modern pestilence of governments surviving by exploiting the productive individuals who happen to live on their soil." - page 203 of The #Bitcoin Standard
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ABitSpicy 1 year ago
If only there was a form of money that was not subject to inflation, a money that actually maintained or increased its purchasing power over time, and wasn’t controlled by central planners. If only #Bitcoin existed! image
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ABitSpicy 1 year ago
Is there a way to see Nostr posts that I've "liked" or reacted to?
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ABitSpicy 1 year ago
Does anyone have insight into why @Cash App changed their settings, and no long allow those under the age of 18 with a sponsored account to receive #Bitcoin?
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ABitSpicy 1 year ago
Using the @bitcoin.rocks compound inflation calculator, a person making $50,000 25 years ago (1999), would need to make $98,500 in 2024 to maintain the same purchasing power . This example is using a 2.75% average inflation rate over the past 25 years. Another point for consideration is the progressive nature of taxes. Someone making $98,500 is likely taxed at a higher rate than someone making $50,000. Therefore, the person making $50,000 would likely retain more of their income than the same person making $98,500. So, who truly benefits from the combination of inflation and a progressive income tax system? 🤔 If only there was another option that was not subject to inflation….. #Bitcoin
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ABitSpicy 1 year ago
GM and Happy November! Remember to do something you love today.
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ABitSpicy 1 year ago
Be a glitch in the matrix, humanity is counting on you!
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ABitSpicy 1 year ago
The Mises Institute recently released a new documentary, "Playing with Fire: Money, Banking, and the Federal Reserve". This documentary does a great job of explaining the Feds role in our broken money system, and why a sound money system is necessary. Watch the documentary at: Learn more about the Mises Institute at: https://mises.org/