The ancient greek philosopher's views, that the world would be a better place with philosopher kings, are accurate. With the arrival and growth of Bitcoin, that world is almost here. A king is not the same as an authoritarian. Throughout history kings have traditionally been tied to a monopoly on the issuance of local money. In capturing the most important good in the free market (the hub of the wheel of the economy) and becoming corrupt gluttons on the backs of the people, kings became authoritarians so we associate them as one in the same. What is a king at their core if not a guardian and distributor of value for and to the people? What is a philosopher king if not a patient and wise person, living in the present with a low time preference. A philosopher king is capable of respecting that the market is more capable of problem solving than any individual or group. Bitcoin eventually turns everyone who's capable of being so into philosopher kings. This is a decentralized universal kingdom of freedom, prosperity, and fairness that runs in parallel to the other systems. Systems of value distribution are in their own competition against each other, in this way though they try as they might to control everything they are still a part of the free market. In this free market competition Bitcoin will win, in doing so it will cause every other archaic and dishonest method of value distribution to become irrelevant and ignored.

It's fascinating watching Bitcoin respond to both the crashing price and the winter storm in the US. You can clearly see a major but very short term deviation in hashrate to the downside during the days the US was dealing with the bitter cold. Miner curtailment, helping to stabilize the grid against power outages, likely reduced how many people lost power and saved lives. Now that the worst of the winter storm is over, curtailment is ending and mining is resuming. It is also interesting to see the overall hashrate decline much more modestly since the October high, in the prices on the open market, while the price fell 50% typical hashrate has only reduced by what looks like 15%. This shows the resiliency of the heartbeat of the Bitcoin network, that things are working just fine and IMO the price will most likely recover and each new a ATH before long.

The people who criticize Bitcoin and lightning as doomed to fail, don't understand that the open source and decentralized nature of both layers means they're continued development will ensure both become stronger over time.

With all the drama about the elite and their inconceivably awful actions, it's never been more clear than ever. Bitcoin's traceability is a feature, not a bug. Once the network gets dominant, and Bitcoin is the money most people want the most, the biggest addresses will have the most scrutiny. The average pleb won't have much to fear. Plus, it's a lot easier to increase privacy for small transactions than it is for big ones. The world will be a better place on a Bitcoin standard, it can't come soon enough for me.

If Bitcoin were crashing while everything else was holding steady, I would be concerned. But Bitcoin is crashing along with pretty much everything else. This is a societal issue, not a Bitcoin issue. The network is doing just fine, and will continue to mine blocks without a problem. Remember the why behind the network, the world we're trying to build. It's coming, and it cannot be stopped. Tick tock, next block.

Bitcoin down 45% from ATH. Ether down 58%. XRP down 63%. Solana down 65%. Once again Bitcoin is holding better than the centralized shitcoins. Bitcoin isn't failing, the Fiat system is what's failing. The Dollar is having a temporary bull run against assets as people incorrectly assume the Dollar is safe during this chaos. But the very people causing this asset collapse are going to accelerate the collapse of the USD, just stack and HODL. You'll be glad you did.

It's definitely scary when the price of the world's best asset goes down, and continues to go down, it's scarier when the price goes up. Way up. Those are the times for which we HODL. Stay safe @Pegah.

All forms of money are subservient to Bitcoin.

1: 💲🪙 = 🏰⌛⚡⌛⚡⌛⚡⌛⚡⌛⚡⌛ 2: 💲💵 = 🏡⌛⚡⌛ 3: 💲💳 = 🏠⚡ 4: 💲📉 = 🏚️🏚️🏚️ 1: ₿ = 🛖⌛⚡ 2: ₿ = 🏠⌛⚡⌛⚡ 3: ₿ = 🏡⌛⚡⌛⚡⌛⚡⌛⚡ 4: ₿ = 🏘️⌛⚡⌛⚡⌛⚡⌛⚡⌛⚡⌛⚡ 5: ₿ = 🏰🪙🪙🪙🪙🪙🪙🪙⌛⚡♾️⌛⚡

The new protest is chilling at home and living on Bitcoin. If you are free from the fiat rat race and living on Bitcoin, volunteer more! Help family, friends, neighbors. Mow lawns, pickup litter, help with babysitting, be an example of the world you can live in thanks to Bitcoin. Their world is not your world, make your world a reality through personal actions.

The only thing we have to fear, is fear itself. Trust in truth and reason, trust in Bitcoin.

Real change doesn't happen overnight, with Bitcoin we're forcing the Titanic (fiat system) to turn away from the ice berg (societal collapse on collapsing money) and towards the open ocean and hope for the future.

Your community needs your help. You need to water your local businesses with value. Ideally value that grows on top of sound money if possible or openly accepted. If they don't understand sound money, start small. Offer small businesses, waiters and waitresses, and even cashier's sound money in any form. Money is a language of value transfer, if they only accept fiat then pay with cash and copper coins and occasionally offer old silver coins and you will occasionally find some will say yes. Offer new privately minted Silver rounds, Goldbacks, and of course Bitcoin. These are less familiar to most people, and because they don't work with legacy financial institutions they will likely decline, but do not be disheartened. Be friendly, be relaxed, be fun.

0.5% a week for life. The sustainable Bitcoin withdrawal rate.

Money is the ultimate common good, the ultimate commodity, the ultimate PRODUCT of an economy. A product that enables the more efficient free trade of all other goods around it. Throughout history money has been a product that was controlled by a single group. That group, being the manufacturer of the best and most important market good, tends to become the most powerful entity in a society and enables the rise of authoritarian organizations around it. These authorities always end up undermining the quality of their product by changing what it is, the weakest leaders end up betraying the trust people give to them to maintain the system and in doing so begin the path of ruin for the ways of life that grew on top of it. Historically this was done by making coins out of cheaper materials, in modern times it is done by switching entirely from metals to paper and digital paper. Bitcoin fixes this by removing control by a private organization from the equation. Bitcoin can be maintained by many different private organization, but no one group controls the network or it's output product. By decentralizing control and production output, and programming the product to become more expensive to produce in time and energy overtime, the authoritarians cannot control and corrupt the product and destroy the societies that build on them anymore. The Golden Age of Bitcoin is here, you just have to learn to trust the network and yourself. Become your own bank.

The actual world isn't collapsing, it just looks that way through a fiat lense as the collapse is in the fiat centered world. If your world isn't centered around fiat, then your world is getting stronger while fiat's is getting weaker.

Truth will prevail over lies.

Bitcoin is the world's first successful perpetual motion machine. The more energy we input into mining, the resulting increase in the difficulty adjustment results in a more valuable unit and the value of the whole network grows in turn. If just a fraction of the networks growing value is redirected into new mining projects, then the return we get from the increased value of the whole network is greater than the input. More energy (value) output than energy (value) input = perpetual motion machine. The moment the world fully understands this is the moment when things will begin to change more noticably and rapidly. The age of the centralization of money, and the authoritarian states supporting those structures, is ending.

If you need a new affordable phone I highly recommend the Moto Stylus 5G 2024. My previous phone was suddenly dying in the middle of my using it with 35% battery left so it was time to replace the battery at least. I still probably will, but I also started browsing for new phones. I decided on the Moto Stylus 2024 because: 1: Stylus 2: Aux 3: SD slot 4: Low cost. I picked up an open box 256gb variant for only $145 plus tax on eBay, and a refurbished 128gb model for $95 for my wife, works great so far and I'm really enjoying having an Aux again after nearly 5 years without one! Listening to Aurora as we speak, fantastic music.