In much of the United States, the electricity market runs under the RTO regime which sacrifices stable, cheap, and abundant energy sources for an inferior fiat system which favors fiat energy and an unstable and unaccountable “market” for electricity. Here I try to tie some of the lessons from Meredith Angwin’s Shorting The Grid: The Hidden Fragility of Our Electric Grid and the various insights from @Saifedean Ammous's writings ing both The Fiat Standard and Principles of Economics. Ultimately the RTO regime is rooted in fiatism.

The Fiat Standard and the American Electric Grid

A Feedback Loop of Fragility

Happy 100k!

🤡🤡🤡 “Tackling the climate and air pollution crises requires curbing all motorised transport, particularly private cars, as quickly as possible. Focusing solely on electric vehicles is slowing down the race to zero emissions.”

The Conversation

Cycling is ten times more important than electric cars for reaching net-zero cities

Active travel can help tackle the climate crisis earlier than electric vehicles – even if you swap the car for a bike for just one trip a day.

“The political theorist Patrick J. Deneen has argued that ideology always fails because once its inherent “falsehoods become more evident, the gap grows between what the ideology claims and the lived experience of human beings under its domain”. Those currently scurrying away from X are effectively retreating from the battlefield of ideas envisaged by John Milton in his Areopagitica (1644) in which Truth and Falsehood are seen as antagonists. “Let her and Falsehood grapple,” he wrote, “who ever knew Truth put to the worse, in a free and open encounter?””

UnHerd

I was the target of Guardian misinformation

Great post @Adopting Bitcoin event here at Bitcoin Mansion onboarding people to the world of #nostr Thanks to @Satlantis: Social Events for the connection.

Why can’t we have these in the U.S.?

Buy @Svetski ‘s book

☢️

Que chido View quoted note →

Perpetual builder mindset is what makes Bitcoiners so great.

“What menaces democratic society in this age is not a simple collapse of order but a tyranny of mediocrity, a standardization of mind and spirit and condition.” -Alexis de Tocqueville