Gm nostriches, prepping taxes for spending Bitcoin is annoying, and thievery for doing well, HOWEVER, being having to go back to early purchase, you can really get an idea of how far we’ve come front, how little what you’re spending now cost you “back in the day!!!!! A little while back I bought ice cream for myself and my two daughters, 11k sats, they cost me 80p in 2020, or getting some shit hot @Leathermint products for £80!!!! With this, I’m going to stop caring about the capital gains and not think of it as a tax paid to government, but the price I’m willing to pay for getting sats in the hands of people I want to pay!!! Also, moving forward and depending who I pay, can just do non kyc sats and just keep it person to person and “off the books”, so long as there are some figures in my tax return, there won’t be as much risk of them coming to calll.

Found a book at my mother’s house, a couple of chapters in, Marx, Ricardo and Malthus have already been covered, the questions raise on micro economics are fascinating. Can’t help feeling there are some parallels between Keynes and Epstein, how someone rises to such a high level of power, connected to so many powerful people from a very low level. He appeared to be a smart guy (academically), but his ideas certainly met fertile ground with the post crash years (1930s), so may have been something to do with politicians hearing ideas that gave them power. Epstein on the other hand, had a whole lot of dirty laundry to blackmail people, but also found people who were deprieqved and would do his bidding to keep their secrets out of the public light. Really interested in explore Keynes a little more, but maybe go for “unapproved” biographies, doubt many will include the “bed and boy” line that @Saifedean Ammous included.

“Attlee Nationalised personal responsibility with the introduction of the welfare state” Ewan Stewart on @Peter McCormack great show, absolutely loving it. Gm freaks, have a good one, fight the good fight, work hard, try and pay as little tax a possible. The government is not your friend, they are the abuser, don’t feed the abuser.

Fountain

The Peter McCormack Show • #127 - Ewen Stewart - The Leviathan State, Civilisational Decline & the Way Back • Listen on Fountain

Ewen Stewart is one of the UK's sharpest economic thinkers. In this conversation, we unpack what's gone wrong, from bloated welfare and debt-fuell...

Ga nostriches, I couldn’t have made this up any better, bbc is hot water after presenting bias edit of Jan 6th speech of trump, institutional bias of the bbc highlights, BUT, it’s bias to be aligned with government aims, so they’re pretty much implicated!!!!! Hate the way they present so much stuff now ,editorial bias is clear in so many areas, oh yeah, 100k people at the march in London in September, hmmm, might want to 10x that!!! Then in the commons, Lisa Nandy takes the stand to outline how the BBC must maintain the highest standards, when the little piggy has had her nose in The trough, accepting gifts from someone she later gave a role to (literally 2 days ago)

Email from HMRC, need to learn more about this, but it sends shivers down my spine (not in a good way), anyone who is self employed and earning more than £20k (less the minimum wage) has to file their taxes digitally. Talk about a way of squashing out entrepreneurial spirit with this administrative burden. But this shouldn’t be a surprise if we’re informed of this government’s playbook; Point 7 of the communist manifesto; Extension of factories and instruments of production to be owned by the state; the bringing into cultivation of waste land and the improvement of the soil generally in accordance with the common plan. So, no one owns their own company, and across the land we tear down industry and green space to turn it into “farm land”, but oh crap, no one owns this farm land so a) they don’t know how to look after it and b) no one has any incentive to use that land productively. Given no one owns their own company companies either, they neither serve customer nor make any money. How this propaganda is still being used literally blows my tiny mind. Also, how dare they refer to me as “customer”!!!!!

Finding it so interesting the physical repulsion people have of Nigel Farage, “he’s going to deport anyone with an indefinite right to remain” (who are benefits), he’ll do all sorts of mean stuff such as not accepting illegal, undocumented migrants, and want to deport criminals and rapists. What on earth could he do in government?!?!? But for me, it’s not him, but it’s about what has led to his popularity. A generation of people that have been lied to by the globalists pursuing their aims, leaving those “awful people who cheer him” behinds and forgotten. They want something different, something better and it isn’t even about him getting elected, but the small chance that the existing parties will have a moment of introspection and think, “if my grandma saw the policies I’m voting for, would she’d tell me to stop to being such a stupid fucking prick” (maybe my gran wouldn’t have said exactly that, but it would have hurt more coming from her) Those people who are scared of Farage have been making hay for years while others in society have been served up shit. When I hear people spouting all this fear about the Farage boogie man, I have to bite my lip with these privileged “elites/protected” that just don’t understand the world they live in. Cutting benefits? I call that returning taxes to the people who do the work. He is not the boogie man, they simply don’t see the Fabian monsters who have been pulling the strings since 1997!!!

If I was going to be worst version of myself (which I’m beginning to accept as the real me), I’d read this and think about the birth rate of British born adults in the UK (I know) and the massive number of families with a single child, still struggling to make ends meet, but not relying on benefits. I’ll then consider the other families at my kid’s schools, with more children, potentially more dependent on benefits generally, looking at this element in the budget and thinking “that’ll make things better for me”. This just feels like a cheap (morally) but expensive (financially) vote buying exercise for all the MPs who have been voted in by block voting in low income regions. It’s all get the backing of all those newly elected MPs who will look away from the tax hikes from the middle and higher earners for the constituency. As with every other Labour policy, this just increases the rate we spiral into the debt doom loop. ACCELERATE

Ga nostriches, spent most of the day looking through a paper building a model on Bitcoin’s direct and indirect environmental impact. 6 authors, all the doctorates and what look like decent positions. Work cited mora et al. (2018, Bitcoin will boil the ocean garbage), de Vries (2018, bitcoin fud patient zero cheers @Daniel Batten ) and chamanara et al (2023, expertly responded to by @Margot Paez / jyn urso), doesn’t really present any data, cooked up some meaningless equations, used “a python programming language” for some of the matrix analysis (🧐) and suggested the miners in the US were 45 times less energy efficient than those used in Azerbaijan (🧐). And one of the authors is associated with a publisher that has dealt with mass retractions………. Shall I kick the hornets’ nest and copy in the authors to the message to the editor in Chief?

Gm nostriches, into the week with a new idea to get working on, #coffeechain in had. Saw a lovely 964 yesterday in wales (fiat peak store of value maybe). Thought, hmmm, it will be nice when we start a Monday and there is a little fiat denomination pump……. Checked strike and my wish was granted. Have a great day freaks.

While I love seeing that politicians are “democratic socialists”, basically communist, but as there is some voting involved……. How does one describe the UK at the moment? If we’re getting law changes and taxes that weren’t in the manifesto/break manifesto promises, this means they were not voted for, suggesting it is “autocratic socialism” or as google AI says…….. yeah, the uk is basically the USSR, Cuba or China.

Gm nostriches, wicked skies this morning, so a lovely backdrop to my relatively (hardly ever stay in bed) early morning start to OUR thanksgiving dinner. Pumpkin pie base to start, then offensive sweet potato “dish”, but first , #coffeechain

What’s little beauty to find on a bookshelf in my mother’s house. The revolution of Keynesian economics, but can full employment be maintains with stable prices? What about the issue of growth? Should be an interesting read. Quite the scholar in his early days, but also founds a touch like a pretentious prick, who “knows better”.