Haven’t listened yet but I like the title. https://fountain.fm/episode/IDdIc9eCJ0Ilgxx9SXe2 View quoted note →

The Bitcoin Standard: A Perspective Shift Living on a Bitcoin Standard requires a significant perspective shift from the fiat-based mindset most people are accustomed to. Here's a summary of how one should view this transition, based on insights from the sources provided: 1. Bitcoin as a Tool for Freedom and Sovereignty: Embrace Bitcoin's potential to provide financial freedom and sovereignty. This means taking self-custody of your Bitcoin to a "gulp limit" - an amount you're comfortable holding yourself. [3] This act of self-reliance fosters a sense of personal power and independence from traditional financial institutions. Recognize that a Bitcoin Standard prioritizes individual responsibility and honesty. It encourages transparency in valuing your time, skills, and contributions, leading to a more equitable exchange of value. 2. Shifting Away from Fiat-Centric Thinking: Challenge the ingrained notion of chasing fiat gains as the primary measure of success. Recognize that the pursuit of fiat gains often leads to a focus on short-term profits and speculation, rather than building long-term value. Focus on developing skills and expertise to earn Bitcoin directly, rather than relying on traditional investment vehicles designed for a fiat system. This aligns with the Bitcoin ethos of value creation and exchange. Decouple from the expectation of salaries as the primary form of compensation. Instead, explore alternative models like contract work or value-for-value systems that are better suited for a Bitcoin Standard. Understand that Bitcoin's value proposition extends beyond being just a store of value. It can be a tool to reduce expenses and increase purchasing power by transacting directly in Bitcoin. 3. Embracing a Long-Term Perspective: Develop patience and resist the urge to constantly measure Bitcoin's value in fiat terms. This long-term view allows you to weather market volatility and benefit from Bitcoin's potential for appreciation over time. Recognize that living on a Bitcoin Standard is a journey, not a destination. It requires a willingness to adapt, learn, and connect with like-minded individuals building a new financial system. 4. Navigating the Transition Phase: Engage with the fiat system strategically while prioritizing your transition to a Bitcoin Standard. This might involve earning fiat income while simultaneously accumulating Bitcoin and seeking out opportunities to transact in Bitcoin whenever possible. Surround yourself with a community of Bitcoiners who share your values and vision. This provides support, fosters learning, and strengthens your resolve during the transition. Be wary of influential figures who promote Bitcoin while clinging to fiat-centric thinking. Their actions might not align with the principles of decentralization and individual sovereignty that underpin a Bitcoin Standard. Living on a Bitcoin Standard is about embracing a new paradigm—one where individual sovereignty, financial freedom, and a long-term perspective are paramount. It requires a shift in mindset, a willingness to challenge conventional thinking, and a commitment to building a more equitable and decentralized future.

Another Bitcoin meet up Another 2 hours of why Nostr sucks And another month of everyone still using it. Tick Tock.

My personal reflection is that its much easier to attack things than to get behind things - but thats not a reason to stop attacking things that need to be attacked. I just need to make sure I'm also building.

I’m suspicious of anybody who calls themselves a mathematician on the internet without the slightest shame of being underaccomplished.

Ever wonder why companies don’t try to make money anymore? It’s all about corporate debt and “stakeholder equity” A company cannot be viewed as having a likelihood of defaulting on It’s debt. In order for that to happen, they have to be eligible for a bailout if things really do go badly. So companies need to commit significant resources - just about all they have - toward being “worthy” of a bailout should the time come. This entails malinvestments of time and effort such as DEI, Climate, etc. and generally being on the good side of the state and those who determine who gets bailed out. You know who’ determines who gets bailed out? Think Blackrock. So all of these unproductive projects ate sucking resources, as a priority above making money. Additionally, companies are at the gunpoint of the centralized voting proxies of asset managers like Vanguard, State Street, and Blackrock. No company’s board wants to be ousted by these people. These people who have nothing to do with these companies - just custody the assets of their investors - end up driving the fulcrum of governance at all of these companies to the end that they are no longer allocating resources to profitable projects in fear of upsetting these terrorists. Companies are violating their fiduciary duty to their shareholders en masse and nobody seems to be doing anything about it.

Biggest black-pill of them all: The Normal probability distribution is a bullshit psyop amd most of what has been built off it is wrong and nobody will ever really know what’s wrong or not Our overlords are exploiting our distorted sense of risk against us. The only silver lining is that they don’t really know that the distribution doesn’t work and still stabs the selves with that sword.

@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

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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.