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Kane McGukin
kane@NostrVerified.com
npub13j76...s940
#Bitcoin + Monetary Innovation. My opinions are my own and not financial advice. Navigating Bitcoin’s Noise 🎙️http://apple.co/3wFbiiq
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kane 10 months ago
Following the money trail always leads to the grifters. It’s very clear what the risk to Democracy is/was. In due time, conspiracies = truth and current “truth’s” are the conspiracy.
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kane 10 months ago
#Bitcoin and #NOSTR are networks and involve protocols just like any other. From a first principles standpoint point it makes sense they and terminologies would be so similar, but I’m curious if there are any thoughts on why their construction, terms and development are so similar to TCP/IP, TOR, cell networks, etc.? Is there only one way to do it?
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kane 10 months ago
Best part about today? We can all break out the “we’ll never see #bitcoin under $100k” memes… yet… again. 😅
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kane 10 months ago
I can hear the clacking of normie keyboards. ChaptGPT: what is Triffin’s Dilemma and why is it important? #Bitcoin
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kane 10 months ago
When financial systems, funded by rehypothecated fiat, turn to financial warfare. The game changes: it’s a different kind of Cantillon effect. It’s no longer how close you are to the printer 🖨️ that matters. It’s how close you are to the information. Information is 💵. #Bitcoin is information & money.
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kane 10 months ago
A couple of great quotes from @Edward Snowden's Permanent Record. “The America, I returned to felt like a changed country. Every other word was the name of some TV show or movie I didn’t know, or of a celebrity scandal, I didn’t care about. … grow up do your work pay your bills.” “The data we generate by living or just by letting ourselves be surveyed while living would enrich private enterprise and impoverish our existence in equal measures. … Corporate surveillance was turning the consumer into a product that corporations sold to other corporations, data brokers, and advertisers.” The cloud component everyone ignored in the early 2000s also applies to #Bitcoin and crypto. image
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kane 11 months ago
Love or hate Elon… you have to admit he has a high level of awareness. When he needed them most and subsidies were in abundance, he played for the left. When grift & aid got out of hand, he switched to the right. Some people have a good sense of what’s going on around them.
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kane 11 months ago
Wealth accumulation is about the denominator, though we put all our focus on the numerator. What’s most important about money is its soundness which includes the habits and principles it encourages and teaches. Money has been a unit of measure since the beginning of time. The only measuring unit to outlast all crises and good times has been #gold. #Bitcoin is challenging that, but has yet to replace it. Like all good things, this process is no different and will require significant time + energy. In a worst case, Bitcoin could turn out to just be gold 2.0, but for the internet and value to travel across a digital world. Again, what’s important about money and wealth creation is our ability to store it across time. To date, gold is that measure, until bitcoin displaces it… if or when it does. Here are a few key charts that help us measure true wealth rather than than the wealth we see flashed in our collections of things or 💪 postings of lavish desired lifestyle in online pictures. Stocks: +128% over 15yrs, relative to gold. Oil: -67% Bonds: -46% #BTC: +9,352% (over 10yrs) USD: -48% Tech Stocks: +416% EM: -9% (over 13yrs) Developed Int’l: +29% As you can see, your unit of measure matters regardless and f how much stuff you see people accumulating with deflating stacks of currency. It may appear that you have wealth, but when measured correctly… you’ve lost almost half while spinning your wheels faster and faster. Sound money assets help us level set back to the principled and value systems we’ve gradually meander away from; over decades. Flip through the charts… see for yourself. Share this with someone you think needs to hear it 📢.
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kane 11 months ago
Wouldn’t it be nice if those fearing “tariffs” realized the incentive shifts back to building products that LaSt. Meaning, away with the throwaway economy. Rip & replace every 12 mo. is ExPeNsIvE. Buy expensive things that last decades, not days. #bitcoin #MoneyWars It’s cheaper in the long run.
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kane 11 months ago
The biggest thing naysayers of #Bitcoin fail to understand is: Bitcoin’s volatility is the crinkly that makes it space filling. Meaning, what looks like a mile is not a mile. What looks like a huge move in stock terms is not when viewed in log or magnitudes.