There are a million different proprietary car versions because manufacturers aim to make money through repairs (and other aspects of closed economics). Bitcoin solves this by funneling capital into a much better system that disincentivizes these kinds of behaviors by offering a superior, more long-term focused alternative to saving (and thus making money). #bitcoin #engineering #economics #politics #entrepreneurship

Argentina will become a great refuge for freedom people from all over the world. #bitcoin #economics #argentina #politics #philosophy

I hear Ottorino Respighi and I hear Debussy, Ravel but also Final Fantasy, Square, great and old school Japanese video game composers like Nobuo Uematsu and the like. The Japanese always had incredible great taste and artistry.

Spotify

Respighi: Piano Music - Album by Ottorino Respighi | Spotify

Ottorino Respighi · album · 1997 · 20 songs

Beautiful album. Ottorino is from the late 1800s, from north Italy, Bologna. Italy is an incredible country, root of a lot of beauty, perhaps the root of the whole thing (of the West). Especially this part. Anyways, it's incredible to listen to this, and imagine how life was for these people. I think the Gold standard clearly was superior in art, than what we have today. #music #classical #videogames #japan #bitcoin #italy #gold #philosophy #politics

If small, local Bitcoin circular economies start happening, local business owners will have more business for the many reasons we know, because in essence is better at everything and attracts smart money/people, creating a self-sufficient positive cycle that will lead people to become more orange pilled and a freer local economy. This basically means, local Bitcoin circular economies can make ANY country on earth an attractive place to live, at different levels. #bitcoin #economy #politics #circulareconomy

Does Nostr already have a NIP for defining companies, locations, like in OpenStreetMap? #asknostr #nostrdev

My dream is to work with Bitcoiners, libertarians, voluntaryists, objectivists and people like this. People that are aware of liberty and live for it. Most people live their lives without values. We need to awake the world. #bitcoin #philosophy #nostr

Is it just me or it is a bit hard to swallow that we've been slaves for a long time once you really figure it out? Apart from our American friends, the rest of the world is pretty dark once you really think about it. #bitcoin

How do we meet more Bitcoiners globally and locally interested in creating circular economies (local and globally)? #bitcoin #asknostr #nostr #business #entrepreneurship

It's no wonder people on the left are pissed at income inequality, the people that sit close to the printer are like a kind of monarchy... #bitcoin

On Bitcoin scalability & transaction fees. Some quick calculations. Let's imagine in 2030 there's 2 billion Bitcoin users (from the current 500 million) creating a savings transaction, from exchange to cold wallet, once a month and Bitcoin is worth 500k EUR. ​ This is 9.72 million transactions monthly which is ≈206times over capacity, which is 324,000transactions/day. This means: For a 10 sat/vByte: Average fee per Transaction: ~€11.25. Confirmation Time: 2–7 days under low congestion. 2–4 weeks under sustained high congestion So let's say a 1 week and half average (12 days) for a transaction and an average €11 cost. Certainly not ideal but still very useful for many many people and for the best currency in the world, and also considering this is a savings transaction (from exchange to cold wallet, i.e monthly salary to cold wallet). And then of course, there will be a bunch of alternatives, like Lightning, etc, etc. And also eventually it's technically trivial to upgrade the block size to 4MB, and reduce these fees and times by 4. #bitcoin #scalability #nostr

Hey Argentinians, what would you say are good places of Argentina to live? #argentina #bitcoin #asknostr

Some people will sell their houses to buy Bitcoin. #bitcoin

We are the first generation of free people, due to the knowing and owning Bitcoin. We have a great moral responsibility to create a freer world for our children and grandchildren. And thus, we need to use this opportunity wisely and without fear. #bitcoin #philosophy #politics

The EU is profoundly immoral when they print money and give subsidies to some and not to all. Profoundly. So, apart from being taxes you also have to compete with the billions in subsidies from the EU. And this is supposed to be normal or moral? #bitcoin #europe #eu

"The European Central Bank’s chief bank supervisor, Claudia Buch, on Tuesday also flagged up risks in the crypto market, including "excessive leverage, intransparency (and) conflict of interest", adding she was keeping a close eye on banks' exposure to that type of assets." https://www.reuters.com/technology/fed-cant-hold-bitcoin-not-seeking-change-that-powell-says-2024-12-18/ This has to be some sort of joke? Is she really talking about leverage, intransparency and conflict of interest... being the ECB chief bank supervisor? #europe #eu #bitcoin

Always good to remember this amazing speech about the nature of money found in Atlas Shrugged. Francisco D'Anconia's Money Speech - Atlas Shrugged "Money is the product of the human mind." #bitcoin #economy #aynrand #objectivism #libertarianism #liberty

We're living through a revolution. Super interesting and entertaining talk by @Saifedean Ammous. Bitcoin will end all wars. #bitcoin #economics