@Guy Swann and I running into Zeno’s paradox in the same week and connecting it to Bitcoin is an act of God. Happens also to be the same week I started reading my blogs and also in which i brought the secret society discovery of irrational numbers in an essay about the value of miners https://risk-fundamentals.ghost.io/what-is-the-value-of-a-bitcoin-miner/

There was a time where the world only knew a rational number system (where any number could be expressed as p/q where p & q are integers and q != 0) Turns out there are irrational numbers like the square root of 2. The man who proved this did so using the Pythagorean Theorem unfazed by the irony the Pythagoras’s himself thiught all numbers were rational until the day he died. The man with the proof, Hippasus, was murdered by Pythagoras loyalists and the murderers made a pact to keep the world from seeing the proof. They failed and the proof is known to be the second most well known proof in the history of mathematics. They failed because the truth is ungovernable, especially the truth about irrational numbers.

Square Root of 2 - Poem-Collage

Can’t stand people on airplanes who play sound through their phones - and pretend they don’t know how fucking awful they are. I’d prefer a colicky baby screaming or a dipshit “entrepreneur” who won’t stfu about his business - or even 2 bitchy broads complaining about how unfair their lives are the whole flight to these terrible phone speaker cretins https://fountain.fm/episode/6zoL50ZotZNHgcYzPYiS View quoted note →

Fountain

The Bugle Weekly • Comedy Fundamentals With Fundamentals | Bugle Weekly Episode 25 • Listen on Fountain

On this episode of the Bugle Weekly, Rod and Dick discuss the most important news in Bitcoin over the past week. Donate to the Samourai Defense Fun...

Listen to the funniest episode of the Bugle yet.

Never sell your sats! Unless you want to support a thriving community that will enable you to live a fraction of the life you imagined when you first understood Bitcoin.

A mission statement is not a gesture of strength and focus but a letter of surrender. It’s implied that we want to be the best and dominate. Natural selection already provides this non-verbal mission statement and everybody knows it. The only reason to have a “mission statement” is to communicate a focus that is other than the natural implied one of being the best and dominating. It’s either a lie or a surrender. Either way, it’s weak as hell.

I’m boosting this now so my Nostr friends see this: We covered this episode on Rock Laper Bitcoin. If you’re seeing this , you definitely want to listen to this and a couple of the preceding eps

Fountain

The Path to Bitcoin • Episode #130 – A Message From Us • Listen on Fountain

View quoted note →

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There is no requirement for any Bitcoin treasury to prove they can move their coins in order to tell the world of its value in their accounting statements. Microstrategy, Blackrock, etc. can claim billions on their Balance Sheet today thanks to the trust people have in their Bitcoin. Next cycle, it could be trillions of USD value. However, there is no requirement to prove that they control those coins. The reader of financial statements has to accept the value without that proof. The trillions of dollars on balance sheets will be subject to total and complete write-downs to ZERO in the event that an entity discovers they can’t move the Bitcoin. The incentives are also now for those entities to run Ponzis on their Treasuries and not disclose the loss to the public. A requirement would incentivize companies to implement best practices and reduce the likelihood of such a loss significantly. Be aware.

Here's the Trump game theory: 1. He is viewed as being responsible (right or not) for Bitcoin's price moon when rates drop and his administration stays out of the way. Could take us to 200k - everybody he named at the beginning of his speech will make billions. 2. In 2028, if democrats win the White House, it will be an all out war on Bitcoin to bankrupt Trump, his family, and everyone who funded him (Bitcoiners) 3. Knowing this, Trump spends 2025-2028 printing enough money to either kneecap or bankrupt all of his enemies who could implement #2. You guys see this game playing out?

My biggest takeaways from the Bitcoin Conference 1. Matt Odell can’t take a joke (from a comedian he hired to be on his own show) and it’s actually worrisome to me how bad he is at it. An exercise in humility is warranted given how many people rely on his leadership 2. The next 4 years are going to be the craziest in my 50 years of life and I’m not prepared. 3. Privacy will continue go be reduced to a niche movement. 4, Ross Ulbricht should not be in prison but he became a virtue signal at the conference. Nobody seems to be putting pressure to discuss Samourai when they broke no laws and is a far more meaningful and consequential situation to Bitcoin. 5. There are young guys in the space who inspire the hell out of me and it’s good to know that there are people who will fight the good fight. 6. Bitcoin is great and doesn’t GAF about the circus. It’s the constant.

The “game theory” behind Trump as POTUS with Bitcoin is pretty straightforward but also terrifying. He MUST print enough money to financially obliterate his enemies. He cannot let them live to get in office and have the resources to attack Bitxoin to try and bankrupt him and his family without printing even more money to do so. Bitcoin is the political football. Happy Sweet 16 - you’re in the big time now.

The toughest hustle in America is the semi-pretty married woman in corporate America who spends 2 hours a day making herself “presentable” enough to have self-esteem at her social-engineering job for money she doesn’t really need.

Mathematics is not an expression of truth. It is an offer to adopt a standard framework for a consensus that would confer an agreement close to truth. If people understood that they were part of that network, they would take far more responsibility for it. Instead they are told that they aren’t part of it and never will be and they never gain the benefits of what that network can be capable of. Sound familiar?

The Price of Bitcoin It’s important. Don’t let anyone tell you it isn’t. Just because a metric is flawed, wrong, and demented, doesn’t make it unimportant. It is not the most important thing in our universe. The majority of bitcoin owners are exclusively focused on its price and if it wasn’t flawed, demented, and wrong, they might be right to do so - but they are cannon fodder for the people in the market that can see true signal. It is on the backs of these people that HODL’rs stack their fortunes. But if it’s isn’t the most important thing, then what is? I would say the most important thing that somebody in Bitcoin can focus on is the originality of their worldview and their ability to maintain the conviction of that view over time through cycles. Most people probably think they have an original worldview but they don’t. I talk to more Bitcoiners regularly than most. The overwhelming majority are winning because they chose the right memes. This is easy to do when Clown World is so dominant but this will get harder and harder as Bitcoin fixes that. As the Price of Bitcoin starts to carry more signal, it will require more energy and fortitude to maintain your conviction in your worldview. If your worldview is not your own - it won’t make it. Any part of your view that is borrowed and not internally verified deep inside your soul will eventually be let go. When the world gets hard, and it will, and you’re moved into survival mode, you will end up adopting a very high time preference. Can you really hang on to your stack in the face of such circumstances when your kids need food or medical care? The Price of Bitcoin isn’t the number you can sell it for. It’s the cost it imposes on your life to stay in the game.

It’s good to test your worldview once in a while with normies that you respect. It’s good to have a normie or two that we respect in the world. The echo chamber around Bitcoin can be limiting and powerful. You can make it stronger by stress-testing it in the wild every so often.