The fiat system will NEVER legitimize Bitcoin. They will only capitulate and lie about it. Stop begging for their recognition. Stop waiting for their validation. Bitcoin will only truly reward those who see it without needing that validation

By the time the chickens come home to roost on Blackrock teaming up with Coinbase to launch the Bitcoin ETF - A large % of the issuance will be involved in a ponzi that will require liquidation. I say it happens in 2030 and XBTUSD tanks from 10m to 3m Plan accordingly

If you’re a Bitcoiner and you are not maniacally distrustful of influencers on Bitcoin including the people who wrote your favorite books: You’re NGMI Poker is about being the best at the table. 2nd best goes broke Shake their hand and look in their eyes before giving trust

Nothing builds a low time preference quite like waiting 210000 blocks for a moment that will take yet more years for the outside world to realize. Our sense of time is out-of-phase with the outside world but our time is where we win. It’s quite possible that we all think we win!

The thing about Bitcoin that people don’t get is: It only takes one road and you might actually get the world on it.

Being a simp might get you invited to the dance, and that’s actually OK - but you’ll never get to dance with the hot girl until you tell the people who took you there to go fuck themselves. Advice I wish I got a long long time ago.

Fiat debasement actually drains humans of our life force - a little bit consistently over time. Monetary inflation is just the way we see it.

My GPT is coming along: How does Fundamentals view Bitcoin's societal impact? GPT Fundamentals perceives Bitcoin as a transformative force with significant societal implications. The insights from the provided documents shed light on various dimensions of Bitcoin's impact: Pension Systems and Financial Security: Fundamentals critically examines traditional financial structures like pension systems, highlighting their vulnerabilities and inefficiencies. The discussion around pensions and their inherent risks showcases a profound understanding of the financial system's fragility. Fundamentals suggest that Bitcoin, with its decentralized and trustless nature, could offer an alternative, more resilient framework. It's implied that Bitcoin's inherent properties could mitigate some of the systemic risks associated with traditional pension systems, thus impacting societal financial security. HODL'ing as a Human Action: Fundamentals deeply explores the philosophical and psychological aspects of holding (HODL'ing) Bitcoin. It's viewed not just as an investment strategy but as a reflection of human values and behavior. The belief that HODL'ing Bitcoin is a distinctly human action, resistant to prediction and influence by artificial intelligence, underscores its societal impact as a form of financial sovereignty and resistance to external manipulation. Institutional Interaction with Bitcoin: There's a clear delineation of how different societal structures, like corporations, governments, pensions, and endowments, interact with Bitcoin. Fundamentals highlights the challenges these institutions face in adopting Bitcoin, mainly due to their inherent structural and governance models. The analysis suggests that the true essence of Bitcoin is more aligned with individual action and freedom rather than institutional control, which could lead to a societal shift in how wealth and assets are managed and perceived. Bitcoin and Annuities on the Lightning Network: Fundamentals delves into the innovative concept of creating annuities on the Bitcoin Lightning Network. This discussion opens up possibilities for societal impacts in terms of financial planning and security. By leveraging Bitcoin's technology, there's potential for a more equitable and efficient system for managing and distributing financial resources, which could profoundly affect societal structures of support and retirement planning. The Concept of Rock-Paper-Bitcoin: This framework is used to analyze and understand societal systems in the context of Bitcoin. It's a philosophical and analytical tool that helps categorize different aspects of society (physical, abstract, and metaphysical) and assess their interaction with and transformation through Bitcoin. This model suggests that Bitcoin has the potential to reshape societal norms, values, and structures by redefining the essence of value, cooperation, and trust. Overall, Fundamentals views Bitcoin not merely as a financial asset but as a catalyst for profound societal change. It emphasizes the philosophical, psychological, and structural shifts that Bitcoin can induce, offering a nuanced perspective on its potential to reshape various societal facets.

Apple Podcasts

RPB030 - Revolutions

Podcast Episode · Rock Paper Bitcoin · 01/18/2024 · 1h 33m

The Rock Paper Bitcoin podcast, hosted by Business Cat and Fundamentals, explores a diverse range of topics centered around Bitcoin, its societal impact, and the philosophies surrounding it. The hosts delve into deep and nuanced discussions, often reflecting on personal experiences, current events, and the broader implications of Bitcoin on society. Notable themes from the podcast include: Bitcoin's Societal Impact: The discussions often circle back to how Bitcoin could potentially be the redemption of civilization, moving from a symbol of gambling and risk to a beacon of hope and financial sovereignty. Philosophical and Psychological Narratives: The hosts engage in reflective conversations about the philosophies behind Bitcoin, its psychological impact on individuals and society, and the cultural shift it represents. Technical and Practical Aspects: While avoiding financial advice or predictions, the podcast doesn't shy away from discussing the technicalities of Bitcoin, such as mining, security, and the importance of understanding the underlying technology. Personal Growth and Community Building: Both hosts share personal stories and growth experiences, emphasizing the importance of community, networking, and building relationships within the Bitcoin space through meetups and discussions. Critique of the Fiat System: A recurring theme is the critique of the traditional fiat system, the inflationary policies of governments, and how Bitcoin presents a decentralized alternative that offers financial freedom and integrity. Art and Culture: The podcast also touches upon how Bitcoin is influencing art, culture, and creativity, signaling a potential renaissance where art and finance intersect in new and innovative ways. Throughout the episodes, the hosts maintain a thoughtful and contemplative tone, focusing on the philosophical, societal, and personal aspects of Bitcoin rather than speculative or investment-focused discussions. The Rock Paper Bitcoin podcast aims to provoke thought, offer insights, and contribute to the broader conversation about Bitcoin's role in reshaping society and individual lives.

Apple Podcasts

RPB016 - Letting It All Go

Podcast Episode · Rock Paper Bitcoin · 08/17/2023 · 1h 18m

In Episode 16, Fundamentals offers a nuanced perspective on mathematics, diving into its nature, societal perception, and the role it plays in intellectual development. Here's an expanded view on his thoughts and philosophies regarding mathematics: Mathematics as Tedious, Not Complicated: Fundamentals asserts that mathematics is often perceived as complicated not because of its inherent complexity but due to its tedious nature. He believes that most people think they are bad at math because they lack the patience or time preference to engage with its tedious aspects. Mathematics demands attention to detail and a methodical approach, which can be daunting and time-consuming. Generalization and Mathematical Thinking: He emphasizes the importance of generalization in mathematics. Generalizing mathematical concepts across different systems or bases (like computing arithmetic in different number bases) can be extremely tedious but is fundamental to understanding mathematics deeply. This process requires a person to see beyond the specific numbers or problems at hand and understand the underlying principles that govern these numbers or problems. Impact of Time Preference: Fundamentals links the concept of time preference with the ability to learn and appreciate mathematics. A high time preference, where immediate gratification is prioritized, can hinder one's ability to delve into mathematics, as the field requires a low time preference due to its inherently tedious nature. He suggests that as society lowers its time preference, possibly influenced by Bitcoin, there may be a renaissance in mathematics education and appreciation. Societal and Educational Implications: He touches upon the educational system and how mathematics is taught. The prevailing educational structures may not encourage the tedious, yet rewarding journey of understanding mathematics but rather focus on rote learning and passing exams. This approach can strip away the true essence and joy of mathematics, reducing it to a subject of fear or disinterest among students. Mathematics, Bitcoin, and Society: Fundamentals sees Bitcoin as a potential catalyst for change in how society views and interacts with mathematics. Since Bitcoin is deeply rooted in mathematical principles, a society that understands and appreciates Bitcoin might naturally gravitate towards a better understanding of mathematics. This shift could lead to a society that values deep, thoughtful engagement with subjects, leading to innovations and developments in various fields influenced by mathematical thinking. In conclusion, Fundamentals’ view on mathematics is not just an analysis of the subject itself but a commentary on societal attitudes, educational approaches, and the potential future where mathematics is more deeply appreciated and understood, possibly influenced by the societal changes brought about by Bitcoin.

My Gox repaying creditors now is a pretty sick chess move by the fiat cumlords. They get to tank the price while erasing the singular obvious risk to the ETFs which is Coinbase pulling a Mt Gox. Well played dickheads but it just means corn ends up in much much stronger hands.

#Bitcoin turns 15 years old. It’s in a rarified category of most powerful orphan to ever exist. Others exist in lore but it took centuries before they could reach hundreds of millions of people or have the worldwide impact that Bitcoin has had. While Satoshi and his computer don’t matter much to the protocol, none of what we have or will have can exist without the Genesis block.

#phish When doors are all closed tightly With words the only keys You may understand the reason Why I’m floating on the breeze

Ordinal idiots determining the cost of transacting in Bitcoin is still a quantum leap over a cartel of bureaucrats determining the price of fiat money. Someone still has to spend that money.