People have attached paper substitutes to real forms of money for centuries. Bitcoin also has to contend with this inevitable construct, but you can protect yourself by having total sovereignty over your coins, thus negating counterparty risk.

Institutional adoption is one of the worst things that can happen for Bitcoin. All it can do is strengthen the correlation to tradfi.

Every effort is made by modern government to conceal from the people the fact that they are paying for a past, a present, or a future war.

All the haters who say nobody will ever spend #Bitcoin are going to have their wigs split when they catch zap fever.

#[0]​ silence

Verifying my Nostr Nests identity: acwwTEcPdEsrQxsbqCDVAikorRhVQqnYjOoVDkOK2j4

Nests

Nests - Live Audio Rooms on Nostr

Host and join live audio conversations on the decentralized Nostr network. No algorithms, no gatekeepers, just real conversations.

@zappr silence

The latest #[0]​ update is 🔥 great job with the ⚡️ button!

Everybody's taxes are gonna be a fuckin nightmare 😂😂😂

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Somebody check my relays and tell me how I'm fucking up

By most typical measures, #Bitcoin has defined its bear market bottom. The biggest threat to the trusted cycle framework is the economy itself.

A public debt is like a cork: more liable to float than to sink.

"The public debt of a nation is either intended ultimately to be paid off, or it is not.... If it is not so intended, and the borrowing was not merely a premeditated swindle upon the creditors, it may take the form of a perpetual loan: callable in theory, but upon which nobody is likely ever to propose any payment other than to bear the service charges." -A World In Debt, 1936

"No person of composed mind and of any acquaintance with the past can fail to observe that civilization has arrived at one more of its recurrent tests, in which the tensile strength of the chain that keeps individuals from being redispersed into barbarism is exactly determined by the weight of repudiated promises it can bear." - A World In Debt, 1935

"In the whole sum of lending and borrowing, dishonesty probably accounts for a relatively small part of the social losses. For the most part, the hopes of both creditor and debtor, that the borrower will succeed, are sincere but illusory. The easier we make the possibility of debt, the more failures there will naturally be; consequently the greater depletion of economic wealth. Thus surplus is always tending to destroy itself. The urgency of capital to be at work profitably overcomes it's timidity and blinds it to risks." -A World In Debt, 1935

Some of y'all have lil catch phrases and it's adorable