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It’s an exchange rate, not a ‘price.’

"Central banking is an institutionalized system for stealing human time. Think about why. Every dollar you hold represents human time. You went to work. You traded hours of your finite lifespan for that money. In 2020 the US government created about 6 trillion new dollars that did not exist before. The average US worker makes about 60 thousand dollars a year. Do the math. Six trillion divided by sixty thousand is 100 million years of human work. If a typical working life is 50 productive years, that means the dilution from that single burst of money creation represents roughly 2 million full working lifetimes. Two million lives worth of stored effort just got copied into existence and handed out to whoever touches the new money first. No one asked the original holders for permission. That is time theft at civilizational scale. Then the same system gives you a bedtime story about why your groceries cost more. It is never the money printer. It is always some external villain. It is Putin. It is greedy corporations. It is clogged ports. It is Beyoncé. It is anything except the fact that insiders got to spend new claims on real goods before you could.” - Breedlove

The old home town looks the same as I step down from the train…

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This whole OP_RETURN thing has me worried.

Humanity has the technology to build a digital panopticon where everything everyone does can be captured and stored by faceless organizations. The same technology can put our digital lives solely under our own control. (Thanks, Nostr.)

What a quaint little old town. I wish I lived there.

Watch the time…it’s slipping by.

The U.S. national debt reached $38 trillion on October 22, 2025, according to the U.S. Department of the Treasury. This marked the first time it hit this milestone, surging from $37 trillion in mid-August 2025—a $1 trillion increase in just over two months.

Where the heck is Mendocino?

Satoshi is back in Lugano! The statue was reassembled using a technique inspired by Kintsugi, the Japanese art of repairing broken pottery. The scars have been painted in orange as a symbol of the resilience and anti-fragility of the bitcoin ecosystem. We are all Satoshi!

The reason people look for “assets” that protect their purchasing power is because they can’t save using the dollar.

When banks make currency abundant its value is destroyed. When Ai makes everything spectacular, amazement is destroyed.