It was declared illegal to refuse to pay taxes to Caesar, but where is Caesar now and when was the last time you paid taxes to him? When was the last time that declaration was able to be enforced?
At another time it was declared illegal to refuse to pay taxes/tithes to the Holy See, but when was the last time that was able to be enforced?
Those who proclaim authority over others will always declare it illegal to refuse them the rent they seek from you, but if they cannot enforce it then is it really something worth worrying about?
Call their bluff, make them work for their theft, do not become your own tax collector. They have no authority over you, the only power they have is the power people let them have. Even the smallest delay is a form of effective resistance to tyranny, and time is on our side.
TheBitcoinBattery
TheBitcoinBattery@primal.net
npub1kl8a...q497
Living life with an eye towards reason, philosophy, and truth. Cause and effect, economic pressures, and math ensure that Bitcoin is going to fix the world economy. Don't worry, keep calm and stack sats. Don't understand why? Study markets, money, and history. Start here: Bit.ly/StudyBitcoin
I do not believe in the gods of the state.
Your attention is your life energy. Your attention is value.
Only give value to things that give you value in return. Things that demand you give them value without anything in return, do not benefit your life and should be ignored.
Goldbacks don't compete with Bitcoin, they compete with the paper dollar.
Gold in any form devalues against Bitcoin faster than paper devalues against Gold, they're not even in the same game.
But there's something unique to seeing a growing amount of physical Gold and Silver monetary units in your possession, whether coins or Goldbacks, that just scratches an itch that digital wealth can't reach.
Physical value makes wealth real, wouldn't it make sense that those who command the most digital value end up accumulating the most physical value as well? All humans do is coordinate the movement of various forms of matter and energy around the physical world, Gold and Silver are a part of that coordinated movement.
Bitcoin is the galactic center, everything else simply orbits it.
In the last 10 years the United States mint has produced copper coins with a total cumulative face value of roughly $9 - $10 Billion.
During the same period of time the M2 money supply has increased by $10 Trillion. Meaning in the last decade only $1 out of every $1000 has been produced in actual copper coinage, 0.1% of all new dollars were made of physical metal.
Copper may not be silver or gold but it is still a metal that was used as coinage throughout history, it is harder to create than paper or digital fiat, and I enjoy spending it far more than I enjoy spending any other form of the dollar other than old silver when a small business or individual decides to accept it.
In 1933 we lost the circulating Gold Dollar, in 1935 the production of the whole circulating Silver Dollar, in 1965 the circulating 90% Silver Fractional Dollar, 1971 the circulating 40% Silver Fractional Dollar, and in the future we will lose the circulating Copper Dollar / Fractional Copper Dollar just like we just lost the Penny.
If I'm forced to spend fiat, I will spend copper as much as I can, paper after that, and card only when dealing with large purchases where cash and coin have been made impractical. But I will do my best to go to businesses that accept sound money in any form, to spend money is to create it and introduce it into the economy so the better the money you can use to do that the better the economy will become.
One day, some respectable amount of time from now, 1 Satoshi will be worth more than what 1 Bitcoin is now.
The government is controlled by people who traffic, rape, eat, and taxidermy children, their goons are disappearing and murdering people in the streets, bombing and murdering children in foreign schools, and sending billions to their friends while cancelling food stamps for millions.
But don't forget to be your own tax collector for them, report all your Bitcoin transactions and calculate the capital gains taxes, compared to the forever war enabling and endlessly printed devaluing dollar, which you self report and send to the IRS. If you don't you'll be committing a serious crime.
Bitcoiners support all forms of sound money. This isn't a battle between Metals and Bitcoin, it's a battle between all forms of fiat and all forms of Sound Money.
I just ordered some of the new Idaho Goldbacks, killer designs with Lady Justice and Sacagawea!
Shared this video on Facebook only to have the post not even show up on my timeline when I went to look at it.
Being censored for posting this felt so surreal.
Here's the clip:
@primal the app isn't showing a few of my posts that show up on the Web browser version of primal.
For the first time I read the Apology of Socrates this last week, in the middle of it the following statement stood out to me:
"What do they say? Something of this sort: That Socrates is a doer of evil, and corruptor of the youth, and he does not believe in the gods of the state"
The gods of the state.
What is a "god of the state" exactly. Are not the gods worthy of being placed on circulating coinage? They were in ancient Rome, the coins of the Republic featured the faces of the Pantheon of Rome. When the Republic fell to Julius Caesar, he was the first to have his face on his coin while he was still alive. That evokes power.
But the emperor's of Rome did not want it to seem like the city was conquered, but liberated. They wanted the people to believe "Rome" survived a troublesome time, just under new leadership.
They kept making coins, but with their faces on them instead of the Pantheon. Functionally declaring themselves gods. This is where we get the term "God-Emperor", because the emperor's declared themselves living gods.
The empire over time developed into a religious theocracy under the Catholic religion, having originally started out as a Republic it transitioned into a God-Emperor theocracy it became a religious dictatorship where the emperor was the head of the Church. Instead of a god, he was closest to God. This still evokes power.
Eventually though, the collapse of the government was also the collapse of the coinage as everytime the government couldn't pay it's bills it dipped into the savings of it's people by reducing the silver content/value of the coins as they were issued.
The coinage of the United States started out very much the same, honoring only the Pantheon of America. Namely Lady Liberty, who ruled along side Lady Justice in the courts of law. The only things that mattered to Americans, being "Liberty and Justice for all". Opposite Lady Liberty on our coins was the majestic eagle in the seal of our country and our original non-theocratic motto "E Pluribus Unum" (Out of many, One) proudly displayed on the coin. To show we were united in Liberty, even though we were all independent states.
But over time the dominant form of the dollar changed, and instead of Lady Liberty being on the front as was always the case on our Constitutional Silver and Gold Dollars, our paper dollars instead featured the gods of the state. Namely the God-Emperor presidents, and the paper dollars became so popular they eventually became dominant and the US Mint switched to dead presidents on it's coinage as well. After replacing the Liberty herself with dead men, it replaced the guardian of Liberty - Gold/Silver - with copper and paper.
Our coinage is how we do business, a dead coinage is a dead government. As the dollar is slowly replaced by digital versions of it, such as "Bitcoin-backed dollars" (apps paying dollar denominated bills with pure Satoshis over the lightning network), the government slowly becomes the slowest issuer of new exchangeable value to the market and they start to lose influence and power as they cannot control the Bitcoin network.
We are already on the path to freeing the world from the fiat yoke, it's a mathematical certainty that (with the halving and a stable or rising hashrate) Bitcoin grows in value exponentially over the next hundred years. Within a decade it will likely eclipse or have already eclipsed all the combined value of every other currency on earth. It wins because it makes the other issuers of value antiques, it makes them irrelevant and ignored, and everyone is perceived to suddenly be exposed to higher quality forms of money (Bitcoin and free market precious metal moneys) and their honest depiction of costs changing over time.
Observe the world with an attitude of wonder and pity, as the transition slowly happens over the next few years there will likely be bumpy patches where it will be very rough, but whatever happens we're already off the fiat death spiral train and growing more stable all the time.
It's going to be interesting watching it all happen with y'all #nostr. I look forward to it. 🫡
I really enjoy this channel. This video is very relatable to me. I need to be as kind to myself as I am to others.
Really enjoyed this. Well done.
My thoughts on the recent price actions between precious metals and Bitcoin:
1: Global stage.
• Recently the US has had an unstable government, since the government supports the dollar the result is trust in the dollar is down on the global stage and central banks are already seen to be liquidating their US treasuries more than normal.
• With governments and central banks around the world reducing dollar holdings, what do they trust most as the alternative? Precious metals. China in particular appears to be stockpiling gold and went from 3000 kg to 40000 kg in only 18 months. If other nations, groups, and wealthy individuals are doing the same that would explain gold growing nearly 3x in the last 2 years. If this continues it may rise further.
• Like it or not Bitcoin is still very much too small for nation states to truly jump into in the same way, it would need to 10x - 20x before that point is reached where it could support that much liquidity. Trust isn't yet there, but with every higher bottom that trust is building.
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2: Pleb stage.
• Average people are really hurting from the last 5 years of inflation, plus they are scared of Bitcoin's historic crashes, so there's been less participation this cycle from this group than previously.
• The unpopularity of the current president after he declared himself the "Bitcoin president" and then proceeding to become in reality the Shitcoin president among other things, also the mention of Bitcoin in the Epstein files, Bitcoin is being hammered in the views of people who don't understand what makes Bitcoin unique and not a part of all the scammer's and elite's bullshit. It's not part of the problem, it's the solution, but people don't know that.
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3: Bitcoin is money.
• AI is causing lots of job losses.
• Government instability and shutdowns are causing government workers to either lose their jobs entirely or go long periods without pay.
• Government tariffs are causing significant strain on the overall economy. Leading to struggling economic activity across the board. Less economic activity = less savings buildup.
• Bitcoin is the easiest asset you can both self custody and liquidate quickly and at a low cost of ~1%~, compare that to precious metals which when self custodied are much harder to liquidate and often have a 5 - 10% fee for doing so.
• All things considered anyone holding Bitcoin as their savings that ends up affected by these things, easily accesses their savings and sells some of their holdings as needed. Bitcoin's advantage as money, leads to it appearing to lose as a long term store of value as its price falls in the short term.
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Conclusion: As the world struggles Bitcoin gets used as emergency access money with savings easily liquidated, and Gold and Silver get jumped into at the nation state level to be used as a store of value. The result is they travel in opposite directions in the short term.
If Bitcoin were difficult to liquidate then it wouldn't have it's fast short term crashes, but it also wouldn't have it's fast increases when times favor such movements. Nobody knows what the future holds, and as the economy suffers Bitcoin will spread from the wallets of those who need it now to those who can afford to stack now. Remember the heartbeat of Bitcoin is it's hashrate finding blocks, while the price has cut in half the difficulty only reduced roughly 25% from a high of 155.9 T in October/November to 125.9 T a week ago, and this last adjustment saw a massive jump back up to 144.4 T.
IMO we're massively oversold, and we're forming a solid bottom around the 2021 ATH level. But things remain uncertain on the global stage as well as in the halls of government, and AI fears continue as well. Those who can afford to stack in these times will be very happy in the future when things turn around. But nobody knows if that's right around the corner or months or even years away. Do your best to disattach from short term market movements and live in the moment, enjoy the rollercoaster that is Bitcoin and life itself. 🤟