My #Nostr feed is kind of a circle jerk of #bitcoiners boosting each other

If you're going to attempt a coup, don't chicken out and go half way or this happens:

AP News

Mercenary leader Yevgeny Prigozhin is presumed dead in a plane crash outside Moscow

A business jet in Russia has crashed killing all ten people on board, emergency officials said.

@preston : your conversation with Stig about Bitcoin vs value investing was awesome. I found the part about Stig wanting to sell at 500k so funny/sad/ironic. People really have no idea what a 500k-Bitcoin world will look like.

The Investor

TIP570: Back Together w/ Stig Brodersen and Preston Pysh - The Investor

TIP570: BACK TOGETHER W/ STIG BRODERSEN AND PRESTON PYSH 12 August 2023 On today’s show, Stig Brodersen and Preston Pysh are co-hostin...

Having a beer in the afternoon or for dinner makes me less present and less patient as a parent for the rest of the evening. Having a beer after the kids go to sleep makes me sleep like shit. I guess it's no beer for me.

Yield curve starting to uninvert as 10 year yields start to climb. @preston @Lyn Alden, @less, Any ideas on what's driving this? Is something about to break?

Tonight we finally took the Alexa out of our 5 and 3 year old kids' room due to privacy concerns and now at bedtime they are taking turns being Alexa and singing songs when the other requests one. Complete with "Alexa, volume 10" as the older one commences to scream the soundtrack from Moana 😂😂😂

There WILL be a recession and the Fed WILL drastically cut interest rates (maybe in the reverse order). The yield curve does not lie. I'm more inclined to believe the summative actions of global money managers than the words of a pundit economist touting the "strong economic policies" of the current political regime. Opt out. Buy #bitcoin.

Just listened to @Guy Swann 's read of Farrington's "#Bitcoin is Venice." The content is exciting and deep; but I'm more impressed with Guy's voice acting as he gives each quoted reference a unique, convincing intonation. Move over, Jim Dale!

Bitcoin is Venice – Bitcoin Audible

On @preston 's most recent podcast, I love Scott Lindberg's take on the idea of bitcoiners' Zero time preference and the game theory that follows. The fed, wall street and capitol hill all think they can beat us, but they still don't realize we're playing a different game. And they haven't figured out the rules.

The Investor

Game Theory and Bitcoin w/ Scott Lindberg

BTC140: GAME THEORY AND BITCOIN W/ SCOTT LINDBERG 25 July 2023 Preston Pysh interviews game theory expert, Scott Lindberg, about Bitcoin ...

Two stories on NPR this AM that are the liberal equivalent of r/leopardsatemyface. 1. Washington State mandates overtime pay over 40 hours per week. Farm employers have to hire more workers to avoid overtime pay for seasonal workers who WANT to work 70 hours a week during the harvest season. Seasonal workers forced to leave since the economics of working 40 hours a week seasonally doesn't work. 2. California continues to institute "consumer protection" by not allowing insurance companies to raise homeowner insurance by more than 7% without a public hearing. Insurance companies flee California, leaving homeowners in wildfire prone areas without insurance at all. NPR doesn't mention anything about government interference in the free market in either. https://www.npr.org/2023/07/22/1186540332/how-climate-change-could-cause-a-home-insurance-meltdown https://www.npr.org/2023/07/21/1188258994/overtime-farmworkers-washington-state-agriculture

@Guy Swann 's diatribe on the fiat-induced misallocation of capital hits the mark in his recent podcast:

Google Podcasts is no longer available

I'd like to know if there's a correlation between being a #bitcoin hodler and being a musician (either professionally or just as a hobby). Both require low time preference to see the benefits. Are you both a #bitcoiner and a musician?

Federal Government (and likely state governments as well) will need to be massively dininished under a Bitcoin standard since the books will have to be balanced. If we transitioned suddenly to a Bitcoin standard, our system would collapse and those that have become dependent on social programs would be in serious trouble, ultimately leading to social unrest. If I were in charge of transitioning to a Bitcoin standard: 1. Institute a UBI. (This seems counterintuitive but hear me out). 2. Start gutting social programs to reduce the size of the government and let the UBI in the hands of citizens actually direct a free market. 3. Eventually this UBI will become worthless due to its inflationary effects. 4. People are forced to migrate to Bitcoin due to the worthless nature of the dollar at that point in time.

@preston, you've had a lot of recession porn on your podcast lately (which I love BTW). @Lyn Alden 's new article points out why the looming recession may not materialize as we expect.

Lyn Alden

July 2023 Newsletter: Fiscal Dominance

July 2, 2023 Latest Article: Do High Interest Rates Fix High Inflation? This newsletter issue elaborates on my recent article about the relationshi...