Wait so Satoshi came back, but he 3D printed 21 gajillion ounces of gold in El Salvador instead

One of the underrated things about Bitcoin is that you get to be on this underdog team that has brutal defeats and soaring victories. It’s like investing in Rocky Balboa or something.

That “zoom out” meme works for your everyday life outside of finance too. Low time preference wins across the board, regardless of the field.

Maybe art can fill that hole that religion has left in a lot of people, but not much else can

Take the fight you know you can win, dog

I gotta be honest: I don’t get really angry scrolling through my feed on X. I don’t find my blood pressure rising or feel I have to act even if I see something with which I strongly disagree. I’m sure the algos still frame my thinking, but I don’t find myself on the outrage hamster wheel all the time like it appears some people do. I still like Nostr better though.

Spotify

SOFTWAR EXPLAINED BY MAJOR JASON P. LOWERY

bittrio · Episode

Concise and valuable presentation!

The volatility means it’s alive

I was gonna make a Bitcoin price prediction, but I’d rather just watch. Nostr lowers your time preference; X does not.

As the US election nears and continues drawing everything in our culture into its bottomless vortex, one facet stands out to me: it’s become a proxy for the ongoing war between traditional and new media. The Trump universe seems to have embraced more unscripted, direct-to-reader media like podcasts, Substack and certainly X a long time ago. Hell, Trump even started his own social media platform. We can argue whether this communications revolution on the right exists for reasons of censorship or something else, but it’s definitely happening. On the other hand, the Democrats have spent much of 2016-2024 communicating with the public from a distance through traditional outlets like cable news and major newspapers. Only now, a month before the election, has Kamala begun to appear on podcasts. Whatever happens in November, I don’t think anyone believes legacy media is going to suddenly start regaining mindshare from newer platforms. The contest between new and old in the world of information is most definitely ending in a landslide, even if the election remains a tossup.

I’m looking forward to this election cycle being over, but maybe it’ll just never end

I do subscribe to a kind of long term progressivism when it comes to liberty. I think in the grandest of human timeframes—centuries and millennia—it’s hard for civilizations to persist backward away from human freedom over very long stretches of time. Americans worried about an imminent backslide of liberty in this country may have legitimate cases to articulate over the course of their own lifetimes. That’s obviously important. It’s something we should continue working to address together. However, I believe our grandchildren and their children are likely to be both the most free and the most self-realized human beings this planet has ever known. A large part of that is because the ideas on the which the United States was founded, which basically come down to valuing every person and trusting them, are already out there. They’ve reached escape velocity in history. America as an idea put into practice has been done, and while I don’t want to see a world in which it has to be done again, it can be.

The idea that one can “be on the right side of history” certainly is intoxicating. It takes failure and hardship and humility to get to the other side of it.

I think a lot of people would like to opt out of certain features of our economy or society, be it Social-Security-as-Ponzi-scheme or nonstop coverage of the presidential election, but they don’t feel like they can. You can opt out of inflation though, at least with your savings vehicle. It may not prevent you from having to pay more for groceries every month, but saving in scarce assets will prevent you from having to pay more for a house with each passing year.

Tuck and Zuck? Mark Zuckerberg’s based turn has been super well-documented. How long until he’s on the Tucker Carlson show?

Alright, I just got the Damus joke. Took about six weeks.

The real price gouging is at the veterinarian’s office

The Fourth Turning is like onchain for politics. I’ll leave it at that for now, but gonna think more on it soon.

Reading the introductory part of the The Fourth Turning and some thoughts come to mind: Seasonality, the number four and circles are all primevally associated with the feminine. Linearity, triangles, the number three and dominion over nature, on the other hand, are traditionally aligned with masculinity. On paper, these things are mutually exclusive. In every day life, though, they elide. I think it's a good thing that we've got raw milk broskis paying a lot of attention to Circadian cycles of daylight alongside their testosterone levels. Some of them are sourcing their meat locally from regenerative farms and at least tangentially concerning themselves with the happiness of cows and whatnot. Insofar as they balance stereotypically♂and ♀qualities, this subculture could have some common ground with the more progressive concept of "nonbinary," if only the cultural conversation were less shrill and threatening to everyone.

Did "fiat" and "deep state" enter the popular vernacular around the same time? Hard to tell from google trends. I was thinking about how the loss of faith in institutions during a fourth turning doesn't usually get applied to shadowy intelligence institutions. Most people who talk about them at any length seem pretty convinced of their continued efficacy, despite the same people usually having zero faith in things like the education system or government in general. But maybe just having the term out there is a signal that the edifice is crumbling. Similar to how we used to just call fiat "money." Now it's just one type of money. Even if it's not the same year or two, these two terms definitely entered the mass consciousness in the same decade, which is pretty interesting.