Author: Bitcoin for Institutions
https://zeuspay.com/btc-for-institutions
Co-Host of Rock-Paper-Bitcoin, Motivating the Math, Sound Coffee, and Back on the Chain podcasts
Study math, be sovereign
@JasonC and I are Back on the Chain
Phish is the honey badger. The song Possum represents the nihilism that good people resort to when demoralized. It’s the CODA of a long tale about a tyrant who gets overthrown by rebels only to see those rebels continue the cycle of tyrany.
Possum is about a guy 500 years after the tale we’re told, seeing a possum get run over and finding it funny as though none of what happened in that world really mattered. The national anthem of nihilism.
Phish is constantly resisting the pull towards nihilism- they are still putting out their best music even after 41 years of fighting the Fiat monster.
Bitcoin would help a lot.
Thank you @Pickle Dan 🥒 for the logo as always.
We had the great @npub1f5pr...wt3z to discuss the 8 forms of capital and circular bitcoin economies. What does it take for a culture to know they will outlast Blackrock?
Circular bitcoin economies are what make diamond hands.
Spending your bitcoin at Burger King doesn’t make much sense - you might as well sell it to an exchange - but I get why people think these are different.
Spending your bitcoin on a friends time because you want them to see how valuable spending that time on your task is - this bitcoin isn’t sold off right away. This bitcoin is HODL’d within a community that wants to direct each others time in a particular and focused way.
Bitcoin circular economies isn’t about buying soap or trinkets - though they may do so strictly for the fun and the ritual. It’s a deep agreement amongst the members that Bitcoin is crucial to their way of life.
These communities and economies will outlast the Microstrategys and Blackrocks of the world by centuries.
What are you building now anon? Who are you building for?
Most frustrating NPC way of thinking around math is the question:
“When am I ever gonna NEED to know that?”
It’s a complete cop-out from learning anything challenging and it’s so widely accepted that you can’t even discuss anything cool in math for a minute without someone asking it.
Here’s a life tip:
YOU DONT KNOW WHAT SKILLS YOU NEED BECAUSE, IF YOURE NOT A TOTAL LOSER, YOUR LIFE WILL CHANGE MANY MANY TIMES OVER ITS LONG TIMESPAN.
YOU ARENT LEARNING FOR YOU - YOURE LEARNING FOR THE YOU THAT YOU WILL BECOME AND SOCIETY WANTS TO LIMIT WHO THAT CAN BE AS MUCH AS POSSIBLE.
STOP LETTING THEM!!
That is all.
Jon is the founder of a hybrid physical / metaphysical circular sound money economy called the @meshtadel
It was inevitable that a coffee shop would show up to help bring us together.
View quoted note →
Nostr is so great because it doesn’t matter what client you want to use
Now let’s pile millions into Primal so that users can be in an algorithm again.
The success of the decentralized world will rely on the structures that exist for people to compare notes. The more disparate the knowledge levels coming together, the more power the decentralized communities will acquire and wield.
Nostr is a good place to establish such structures but it may be that podcasts are what select for the people who come together.
I do a math podcast designed to motivate people to learn math but it’s the people who listen to it and discuss what they are seeing, starting with my partner, but really extending to everyone sharing their experience, that gives that community power.
I do something similar for the band Phish. What I’ve noticed is that the more horizontal the subject matter connects with Bitcoin, the stronger base you can build and the more people can go down into the Rabbit hole with you.
The nostr groupies are gonna hate this but -
I enjoyed Nostr much more 18 months ago when it was easy and straightforward to zap.
I enjoyed it more when the apps were experimental and developing, before the influencers centralized everyone around Primal.
I enjoyed it more when Twitter was much more of an absolute signalless helscape than it is now.
I still like it here and its worth the time to keep building here but I don't think the experience is better today. Zaps need to come back and be made a lot easier.
El Salvador is making a disappointing move by allowing the IMF to dictate terms on their sovereignty for a loan they say they don’t need. But let’s have a little perspective
1. Bukele can’t stay in office forever - democracies with term limits are not good structures for long term Bitcoin projects that need decision continuity for decades
2. El Salvador shot for the moon. Just because they missed doesn’t make them shit. They are an inspiration for being so unreasonable and they gave a lot of people hope.
3. The fact to face is that the IMF is undefeated and will remain so. No nation can truly resist the corruption of Fiat money. It’s just a statement of how early we still are
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.