trae's avatar
trae
traesthetics@primal.net
npub1fjy4...u3qg
i opted to utilize this protocol because the legacy monetary system is a pyramid scheme running on expired coupons and blind faith in printers that go brrr
trae's avatar
traesthetics 9 months ago
Capitalist practice low time preference (delayed gratification) to provide workers with capital to be productive. image
trae's avatar
traesthetics 10 months ago
you can graduate early, on time or late. the choice is yours.. image
trae's avatar
traesthetics 10 months ago
life has its ebb and flows just as bitcoin does
trae's avatar
traesthetics 10 months ago
If you haven’t read these two books, i highly recommend it!
trae's avatar
traesthetics 10 months ago
who is the leader of the free world? is anything anywhere FREE?
trae's avatar
traesthetics 10 months ago
I receive more financial education from these two books than i have from any other sources. Thank you @saifedean for making everyone’s access to the vast amount of knowledge you’ve gained through your research and understanding possible.
trae's avatar
traesthetics 10 months ago
opening credit cards, receiving loans, etc. is the creation of fiat. you can use it to buy the hardest asset on earth. excerpt from the The Fiat Standard by @Saifedean Ammous image
trae's avatar
traesthetics 10 months ago
to maximize your satoshi holdings, you need cash flow and that cash flow comes from 3 main categories: active income passive income asset liquidation chose 1 or all and get to stackin
trae's avatar
traesthetics 10 months ago
Excerpts from The Fiat Standard by @saifedean “As the value of the network grows, the difficulty adjustment raises the cost of committing the transactions to the network, making it more expensive to attack the network with fraud, inflation, or disputes. The difficulty adjustment ensures the security of the network by ensuring the cost of mining a new block is roughly equal to the mining block reward. As the price of bitcoin rises, the energy resources dedicated to mining bitcoin increase, and the value of an attack on the bitcoin network, in the form of inflation or fraud, also goes up. The difficulty adjusting upward ensures that the cost of submitting a block for the network nodes rises commensurately as well.” image
trae's avatar
traesthetics 10 months ago
many people are claiming the return of the NASA astronauts was fake. what do you think? image
trae's avatar
traesthetics 10 months ago
*When bitcoin’s liquidity grows significantly 😊 Excerpt from The Fiat Standard by @saifedean image