It keeps getting earlier in Moscow...weird. Also, in this year in monetary history, the original "great depression" began, leading to the Coinage Act of 1873 that put the United States on a de facto gold standard.

I’m very grateful to @Guy Swann for reading my article about barbers and stylists as a force multiplier for accelerating Bitcoin adoption. Thank you, Guy!

Spotify for Creators

Read_746 - Orange Pilling Your Barber [Hector Alvero] by Bitcoin Audible

"Your barber or stylist likely has the broadest network of anyone you know. People from every walk of life, including business owners, accounta...

Who in your professional network can you orange pill that has the greatest potential to introduce others to #Bitcoin? It likely isn't your lawyer, your doctor, or your accountant. It's your barber or stylist. Why? 🧵👇 1. Time . You spend 20 minutes to 2 hours in your barber's or stylist's chair, and so does every one of their hundreds of other clients. And you do it every 4-6 weeks. That rarely happens with other professionals you interact with. 2. Topic. When you visit any other professional, the topic tends to be chosen already (taxes, health issues, etc.). When you visit your barber or stylist you can talk about anything, and they can talk about anything with their other clients. 3. Trust. You likely trust your barber or stylist more than anyone else in your professional world, and their other clients do as well. They will listen to you when you talk about #Bitcoin, and their other clients will listen to them. Now that we know who and why, exactly how should you best approach talking about #Bitcoin with your barber or stylist?

Bitcoin Magazine

Orange Pilling Your Barber Or Stylist: A Short Cut To Hyperbitcoinization

“If you're looking for an orange-pilling opportunity with the most asymmetric upside, consider talking about Bitcoin … with your barber or...

View quoted note → But how do we decide who gets to make that decision, or are we just going to go down a road of everyone training their own AI to follow their own individual or in-group morality that is really just a manifestation of their incentives? If the latter, how does that improve our search for truth and avoid just recreating age old fights in a new arena?

Good Morning. Happy Mother’s Day to all the moms in your life this weekend.

Bitcoin Magazine

This Mother’s Day, Try Explaining Bitcoin To Your Mom

If your mom has a hard time getting off zero, like this author’s does, you should give it another shot on Mother’s Day.

Great rip on ecash, Cashu, and Fedimint by #[0]​, #[1]​ et al on Bitcoin Review. Very helpful in explaining the differences, advantages, and trade-offs of these tools.

Apple Podcasts

BR031 Cashu & Fedimint: ecash, Bitcoin

Podcast Episode · Bitcoin.Review Podcast with NVK & Guests · 04/11/2023 · 2h 16m

Today (April 5th) marks the 90th anniversary of Executive Order 6102, which began a series of government actions that reduced the purchasing power of the US dollar by almost half in a single year. Could something like that ever happen again? It already has, and you're volunteering for it. Executive Order 6102 required Americans to sell any privately held gold (above 5 ounces) to the government for $20.67/oz. The following year, the Gold Reserve Act repriced gold to $35/oz. This reduced the purchasing power of the dollar by almost half versus gold in less than one year. As the hardest and most scarce money at that time, gold preserved its purchasing power. Those holding the softer paper dollars lost theirs. But how could that happen again? And how could it possibly have already happened for the last 10 years? Because Bitcoin has compounded at ~70%/year for the last 10 years. This means the purchasing power of the dollar versus today's hardest money, Bitcoin , has been cut by ~41% annually. In 1933, it was cut by 41% against gold once. Against Bitcoin, it has happened every year…for a decade. If you are storing any of your long term savings in dollars, you are voluntarily giving away as much purchasing power as citizens in 1933 were forced to sacrifice. And you're doing it every…single…year. The effect this has had on your purchasing power is below Throughout history, individuals and societies storing their wealth in money with less scarcity than the best available money at the time have suffered the consequences. Whether it was African societies storing their wealth in glass beads, or Eastern civilizations storing theirs in silver, the painful lesson of holding softer money has been learned by humanity over and over again. You have a choice to make… Will you continue to store the fruits of your labor in a "money" with infinite supply controlled by someone else? Or Will you preserve your time, your life force, and your family's wealth in the only absolutely scarce money ever discovered? The choice is yours...choose wisely.