If every household on earth would run a #bitaxe we would more than double current #bitcoin network hashrate (2B x 400GH/s). It may seem unrealistic now, but it might catch on. The amount of decentralization gained from the incentive to communally secure our monetary network would be significant. The individual power to mine will likely stay relatively in ratio to the expansion of industrial mining. View quoted note →

The word nature is misleading. It suggests there is a distinct separateness of substance. We haven't been able to prove this separateness, and I suspect we will never be able to prove it. If you research is based on the assumption of separateness you're dealing with a really big if.

Ads for teaching people how to use AI 🤷‍♂️ You can ask chatgpt how to use it for your own cause. 🥴 For free 🤯 and it will tell you everything it knows so you won't need to pay anyone to learn how to use it.

Don't be mad when AI figures out a way to get your seed phrase after you wrote it down on a piece of paper but spoke it out word for word near a device listening to and recording every breath you take.

I keep a list of book recommendations for people into #Bitcoin, Austrian economics, capitalism vs. socialism and personal development. I also started adding a list of books I don't recommend. The Ascent of Money - Niall Ferguson Seeing What Others Don't - Gary Klein Safe Haven - M Spitznagel On Dialogue - David Bohm Thinking Fast and Slow - D Kahneman A Theory of Socialism and Capitalism - HH Hoppe Praxeology - K. Svanholm Human Action - Ludwig von Mises The Fatal Conceit - Hayek Anatomy of the State - M Rothbard The Law - F Bastiat The Politically Incorrect Guide to Capitalism - Robert P. Murphy Early Austrian economics - Israel Kirzner The Theory of Money and Credit - L von Mises Keynes Hayek - Nicholas Wapshott A History of Money and Banking in the USA - MN Rothbard The Revolution - Ron Paul The History of Money - Jack Weatherford Democracy: the God that Failed - HH Hoppe Economics in one Lesson - Henry Hazlitt When Money Dies - Adam Fergusson Principles for Dealing with the Changing World Order - Ray Dalio Economics for Real People - Gene Callahan The Black Swan - NN Taleb Superforecasting - Tetlock & Gardner The Sovereign Individual - Davidson & Rees-Mogg Rules for Radicals - SD Alinsky The Creature From Jekkyl Island - E Griffin The Blocksize War - Jonathan Bier The Bullish Case for Bitcoin - Vijay Boyapati Layered Money - Nik Bhatia The 7th Property - Eric Yakes 21 Lessons - der Gigi The Price of Tomorrow - Jeff Booth The Bitcoin Standard - Saifedean Ammous The Fiat Standard - Saifedean Ammous Principles of Economics - S. Ammous Broken Money- Lyn Alden Bitcoin is Venice - A Farrington & S Meyers Check your Financial Privilege - A Gladstein The Internet of Money - A Antonopoulos Science Set Free - Rupert Sheldrake Untethered Soul - M.A. Singer Meditations - Marcus Aurelius The Parasitic Mind - Gad Saad LSD My Problem Child - A Hofmann How to Change your Mind - M Pollan Non Violent Communication - M Rosenberg My Inventions - N Tesla Hold me Tight - Sue Johnson Permanent Record - Ed Snowden Doors of Perception - A. Huxley Walden - Thoreau The Tipping Point - Malcolm Gladwell The Infinite Game - Simon Sinek The Holy Grail of Investing - Tony Robbins Storm of Steel - Ernst Jünger If This Is a Man - Primo Levi The Meme Machine - S Blackmore The Selfish Gene - R Dawkins A New Earth - E Tolle Meetings With Remarkable Men - Gurdjieff In Search of the Miraculous - Ouspensky Lateral Thinking - E de Bono Books I don't recommend: The Man Who Solved the Market - G Zuckerman Anti fragile - Nasim Taleb The Fourth Turning - Howe and Strauss Debt - David Graeber

There is approximately $2T worth of stranded energy worldwide that you can acquire for $0.00/kWh, that means there is $2T worth of #bitcoin you can acquire for free if you're willing to secure the network with POW.

Did he say there would be signs? #Bitcoin

#Bitcoin  influencers eating gluten free 🍕

The security budget of #Bitcoin will be a result of efficiency coming to the energy market.

In the industry of electricity generation while monetizing the stranded energy with #Bitcoin mining, Bitcoin is a residual product. This incentivizes harmonic efficiency, because the energy production becomes economically anti-fragile and the Bitcoin security is done free of charge because the Bitcoin revenue is residual. This virtuous cycle enforces the bottom price of Bitcoin because there is never any necessity for liquidation.

Two dimensional units of measurement such as kilometers or light years may seem obvious, but those are constructs. Nothing is ever at equal distance. We just haven't found a way to measure this properly yet because we insist on lineair conception. The relative discrepancy may be trivial, but the consequences for scientific thought should not be ignored.

I read this book by David Bohm. I think it's essential reading for anyone with an open mind.

I love this book by @GadSaad not just because it is fun to read, also because Saad has outrageous ideas that I think are great. I recommend you read it.

“All models are wrong, but some are useful.” George E. P. Box.

I don't know anyone who can concisely articulate more than 6 properties of money, or more than 7 value propositions of #Bitcoin that are still against it in some way.

It's just maffs.

There will never be a transaction of fair value for #Bitcoin in any currency. That would be an oxymoron.

Fiscal dominance? What's an ASIC?

Very few people understand #Bitcoin, even less people understand Bitcoin mining and even less people understand both and are willing to start a mining company. This while the Bitcoin mining market is trillions of dollars bigger than is currently addressed by existing mining companies. It might make sense just to monetize some stranded energy in case it catches on.

Investors: How to become rich in dollar denominated terms. Bitcoiners: Investors suffer from a denominator bias.