Gracjan Pietras's avatar
Gracjan Pietras
gracjanpietras@nostrplebs.com
npub1trku...tss5
Advocate & Partner at djp.pl | Columnist at iMagazine.pl | Bitcoin Desk: https://djp.pl/bitcoindesk | PGP 094A DF1F FA53 3B40 A393  6E7C A0D5 2CDD 2FBD B6D1 |
It is saddening to see ppl flocking in queues to hand over their biometrics. Black mirror level dystopian nightmare. #worldcoin
GM! Once you understand Bitcoin, there is no turning back.
GM, in his book Principles of Economics, Saifedean Ammous explains what lawyers have known instinctively for a long time: everyone sells time ;-)
It will come as no surprise to readers of the ‘Bitcoin Standard’ and the ‘FIAT Standard’ that @Saifedean Ammous 's ’Principles of Economics’ is truly an excellent read. The book is a concise, clear, and engaging representation of the Austrian economic thought. #bookstr image
Testing @Plebstr on iOS. It has been working flawlessly so far. Great UI. Zaps still working. (Don’t tell Apple!) I am pretty impressed. Good luck.
"Now if we turn to the empirical record, we confront the stark fact that, in no period of human history, has paper money spontaneously emerged on the free market.“ Jörg Guido Hülsmann, The Ethics of Money Production #bookstr
Before the White Paper, Jörg Guido Hülsmann explained why #Bitcoin — if invented — would work wonders. "In the High Middle Ages, when large-scale commerce and the interregional division of labor started to flourish, the great merchants of northern Italy found that no government produced money that was suitable for their new needs. The traditional coin system contained only silver coins, virtually all of which were hopelessly debased and, what is more, were debased to different degrees. The merchants then set out to produce their own money, new and sound gold coins, which at first they used only within their own circles. And because the other governments tolerated this practice—because for once they did not stand in the way—by the thirteenth century the fiorino d’oro from Florence became a generally accepted medium of exchange in central and eastern Europe. A little liberty of this sort could work wonders in our age, which from a technological point of view is so much better endowed than the medieval merchants were.“ Jörg Guido Hülsmann, The Ethics of Money Production image
@jb55 Why not let #Apple have their 30% share of #zaps using prism? This would at least compel them to establish an LN wallet. @Damus
#Keynesianism is essentially a legalised form of counterfeiting money sold under the guise of the necessity to stabilise prices and provide cheap credit for the economy.
"(...) Particularly, systems based on proof-of-stake protocols and controlled by specific individuals or institutions lose in this competition from the very beginning. The need to trust the entities controlling the protocol, who can make changes to it, is not an advantage but rather a disqualifying flaw of these systems."
Bitcoin is literally power that people choose to treat as information. #Softwar
Truth and Time on the Bitcoin Network. The English version of my latest article for #iMagazine 05/2023 is now live on Substack. I explore how Bitcoin ensures verifiable truth and an autonomous chronology, independent of external authorities. Read it here: #Bitcoin #StrefaBitcoina #iMagazine