@Saifedean Ammous on Bitcoin & politics. What a brillant mind.

Masterpiece of a speech: #Bitcoin #RFK #Nashville2024

"EVERY ONE OF THESE ASSETS CARRIES A MONETARY PREMIUM THAT WE DEFEND WITH HUMAN LIVES." JASON P. LOWERY Jack Mallers - There is no second best - BTC Prague 2024 - 21/30 #Bitcoin #btcprague #mallers

PROOF OF WORK IS ELECTRIC PHYSICAL POWER. Jack Mallers - There is no second best - BTC Prague 2024 - 20/30 #Bitcoin #btcprague #mallers

"DIFFICULT ADJUST PROOF OF WORK IS THE INNOVATION" GIGI Jack Mallers - There is no second best - BTC Prague 2024 - 19/30 #Bitcoin #btcprague #mallers

TIMELINE: From hashcash to Bitcoin Jack Mallers - There is no second best - BTC Prague 2024 -18/30 #Bitcoin #btcprague #mallers

"PROOF OF WORK IS THE ONLY PHYSICALLY REAL THING ON ANY DIGITAL SCREEN." Jack Mallers - There is no second best - BTC Prague 2024 - 17/30 #Bitcoin #btcprague #mallers

"PROOF OF WORK IS REVERSE REIFICATION." Jack Mallers - There is no second best - BTC Prague 2024 - 16/30 #Bitcoin #btcprague #mallers

"PROOF OF WORK CONNECTS THE PHYSICAL WORLD TO THE VIRTUAL REALM." Jack Mallers - There is no second best - BTC Prague 2024 - 15/30 #Bitcoin #nostr #mallers

„Adam created Hashcash to use hash cost functions to require proof of work to send an email. Adam required physical resources to apply physical limits and constraints to an abstract virtual action.“ Jack Mallers - There is no second best - BTC Prague 2024 - 14/30 #Bitcoin #btcprague #mallers

PHYSICAL REALITY VS. ABSTRACT REALITY Jack Mallers - There is no second best - BTC Prague 2024 - 13/30 #Bitcoin #btcprague #mallers

Let’s focus on solutions. #nostr #freespeech

#nostr

THE FIAT STANDARD „Leaving the Gold Standard made the dollar intangible, unchecked, not linked to physical reality and unbounded in its abstract power.“ Jack Mallers - There is no second best - BTC Prague 2024 - 12/30 #Bitcoin #btcprague #mallers

„The Gold Standard was tangible and bound by physical laws." Jack Mallers - There is no second best - BTC Prague 2024 11/30 #Bitcoin #btcprague #mallers

10/30 PHYSICAL POWER PROS 1. INCLUSIVE Everyone can participate and contribute their strength. 2. UNLIMITED POTENTIAL Physical power isn't restricted by any limits. 3. EXTERNALLY DERIVED Physical power comes from outside sources, so it can't be manipulated by the system. 4. DECENTRALIZED Physical power is spread out and not controlled by a single entity. 5. TANGIBLE & VERIFlLABLE Physical power is something you can see and verify directly. making it easier to assess without trust. 6. QUICK RESULTS Physical power often leads to immediate and observable outcomes. 7. HISTORICALLY RELIABLE Physical power has a long history of being a dependable means of protection and enforcement. 8. EMPOWERING Using physical power can give individuals a sense of personal strength and capability. CONS 1. HIGH ENERGY Physical power requires a lot of energy. 2. RISK OF INJURY There's a higher chance of getting hurt Jack Mallers - There is no second best - BTC Prague 2024 #Bitcoin #btcprague #mallers

9/30 REAL WORLD & PHYSICAL POWER Wolves live in packs with a clear social hierarchy. The alphas are those with the most physical power. Jack Mallers - There is no second best - BTC Prague 2024 #Bitcoin #btcprague #mallers

„Saving in Fiat like:“ Bittr #Bitcoin

"THE ROOT PROBLEM ... IS ALL THE TRUST THAT IS REQUIRED TO MAKE IT WORK ... BUT HISTORY ... IS FULL OF BREACHES OF THAT TRUST." SATOSHI NAKAMOTO Jack Mallers - There is no second best - BTC Prague 2024 #Bitcoin #btcprague #nostr #mallers