Bitcoiners love to read 📙📖📚

The Subjective Theory of Value and the Labour Theory of Value - How many Bitcoiners understand the difference?

Helping others succeed is one of the most rewarding feelings there is.

Back on Nostr and giving Primal a try!

Bitcoiners talk a lot about “incentives” and I’ve recently started to gain a better understanding: On @Peter McCormack’s podcast, @Brandon Quittem does a great job of explaining that wanting to make everything fair and by removing certain advantages so everyone can get the same outcome, completely changes the incentives of society. It rewards the wrong things and allows mediocrity to compound. Why innovate if there are no incentives? Whereas free and open markets truly allow merit to rise. The small minority of people who create valuable products and services that change the world need to be shown the incentives in order to innovate. An easy example of this is taxes: If business taxes are high, entrepreneurs won’t be incentivized to take the necessary risks to bring new products to market. #Bitcoin helps you understand how market incentives affect human behaviour.

Overheard a group of kids (10-12 years old) talking about price increases and inflation. In the purest way, even they know the money is broken. This is why #Bitcoin education is one of the most important causes I choose to spend my time and energy on.

The assassination of Donald Trump shows how broken society is. Use words not bullets. Bitcoin will be our peaceful exit from the system.

Sent from my one and only chair. Stay humble and stack sats, especially while Germany sells their #Bitcoin

If you love coffee and Bitcoin, visit the FUNK Coffee Bar in Vancouver. They’re building something special!

This might be a first… Here is the “Proof-of-Work” Bitcoin Bachelor Party! Cycled 300KMs across 3 days along the Pacific Marine Circle Route on Vancouver Island, BC. I’m drawn to Bitcoin and fitness because they both require humility, discipline, and dedication. Bitcoin is a complex subject that demands countless hours of study to understand it. It encourages critical thinking and rewards those who put in the effort and are open-minded enough to learn about it. Meanwhile, fitness is all about self-discipline. Your health can't be bought with money or power. You need to put in the time and energy if you want your body to perform in a certain way. This trip was the best of both worlds for me. To cap it off, we ended up visiting Victoria Kayak where we purchased one person a free ticket to Learning Bitcoin using sats of course! Sad to be missing this event but shoutout all the Canadian Bitcoiners in British Columbia 🇨🇦

Be open to speaking publicly about your hopes and dreams. Social accountability is a strong force of motivation and action.

I used to watch/listen to books and podcasts at 1.5-2x speed in order to save time and be more efficient. I took pride in thinking I was "smarter" than the typical consumer because I was blowing through tons of content.  However, I started to realize that I was not ingesting what I was listening to, particularly when I was multi-tasking. Ask yourself, if you attended a university lecture on mathematics and macroeconomics, how much would you learn if you were doing pushups and box jumps at the same time?  The podcasts and books that are online today are incredibly valuable and I took this for granted. My goal now is to sit down and listen/take notes on one podcast episode per week, digest the information, and be able to summarize the content to a friend, in a few key talking points. Learning isn't about chasing degrees and certificates... We need to normalize giving ourselves TIME to think deeply about what we've learnt but also the SPACE to determine what it actually means.

When a high school student asks if you can recommend any Bitcoin resources, what do you say? (You can only pick 1). I went with Welcome to Bitcoin by Swan hosted by @nat brunell

Welcome to Bitcoin

This free 1-hour course was created to serve as an easy introductory lesson into what Bitcoin is, and why it is critical for your future.

Tomorrow, I will be teaching Chapter 6 of the @My First Bitcoin Diploma Program to a small group of secondary students in Hong Kong. I'm really looking forward to discussing Bitcoin's prehistory... Understanding that Bitcoin is the result of 40 years of research, development and demand, was one of the key aspects that helped me differentiate it from "fake magic internet money". @Gigi

Capitalism x Decentralization Capitalism allows individuals to own and control property, while decentralization can empower local entities to make decisions. It's interesting to think how the characteristics of capitalism that nurture competition and entrepreneurial spirit have played a role in the emergence of decentralized systems like Bitcoin and Nostr.

One of my favourite pickups from the Bitcoin Conference Asia. The Hong Kong Hodler 🧡

Been listening to a lot of @preston lately and one of my takeaways is: Our current economic landscape is far from resembling free and open markets. Whenever a slight crack appears within the financial system, Central Banks swiftly intervene to avert a complete collapse (most recently Silicon Valley Bank). This degree of intervention shows how heavily manipulated the markets are and its inability to self-correct. Troubled actors like banks who misallocate capital and businesses who take on excessive risk are shielded from failure, so instead of addressing the underlying issues, we often resort to short-term solutions, perpetuating a cycle of delayed consequences. This recurring behavior has led to excessive levels of debt, the endorsement of risky and unsustainable practices, and the distortion of the natural flow of capital that should seek out the most valuable opportunities.

When money fails to act as a reliable store of value, people seek alternative assets like real estate and equities. This is because they are searching for options that can better preserve their wealth compared to traditional currencies. As a result, we witnessed a significant increase in equity markets and a remarkable surge in global real estate prices. Unlike fiat currencies, which gradually lose purchasing power over time due to inflation, these assets are perceived as more likely to maintain or even increase their value.

“Everything is downstream of money” This quote from Seb Bunney has been living rent free in my head for months…

Feeling invigorated after Bitcoin Asia. Bitcoiners are a different type of people and it’s refreshing to have such amazing in-person conversations.