The #Bitcoin river will flow, everybody on earth will be downstream of it as long as they are productive. The cost of capital will be much lower, that means a higher standard of living for all. The higher upstream you got into bitcoin, the cheaper the cost of capital for you.

I'm 2/3 into Human Action, it got very interesting after two chapters. I'll read Robert P Murphy's Choice and Knut Svanholm's Praxeology after this to see how well they battle the subject.

The market is the collection of individual choices to act. This process can't be stopped by any policy because it will always adjust to whatever policy is active.

Those who don't understand that you can't change the denominator when determining the value of the numerator need to go back to school. #Bitcoin

"You can literally get KYC free bitcoin by creating content on Nostr." @jack

"We truly have micropayments on the internet. It finally exists." @jack

Our very own @Marce reporting live from Bitcoin Atlantis https://bitcoinatlantis.com/live

@island @Mallory @Vanessa

@Vanessa "You guys are here to party. Derek is here to do business." @Derek Ross "No I'm here to party."

What happens in Madeira stays in Madeira.

"If I remember what a dock shot is tomorrow I'm calling Lau." @Jeroen ✅ 832.432

"We all fit in, in our own special way." @Derek Ross

This 420, 2024 I want to celebrate 840,000 at 13:37 Moscow time. 🎉

Politicians will say whatever makes them popular. So trusting them to make laws or having them decide on policies is just stupid. Let's stop it. This is not my opinion. This is what we can conclude from empirical evidence.

Christopher Columbus: "The earth is round, I can prove it, come with me on my ship." Satoshi Nakamoto: "#Bitcoin is a better form of money, verify it." The world is round, study #bitcoin

Tell me you haven't seen le Papillon without telling me you haven't seen le Papillon View quoted note →

#Bitcoin miners are the buyer of last resort for energy.

Every cent in a credit system is a loan. That's why it is called credit. Credit and interest go together. Interest compounds. This is unsustainable because it requires money creation to pay the compound interest. To make the compound interest more affordable financial repression emerges. Financial repression isn't a solution to a problem, it emerges from a condition called unsustainable debt and it can only lead to yield curve control. Yield curve control is a policy to make believe a loan contract is more valuable than it actually is.