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Nature does not like monopolies. The systems we built, the very issue is that they go against natural law and create monopolies. We become disconnected and suffer the cycles of civilizational rise and collapse. #Bitcoin is our chance to get back to natural law. A scarce money that is not just tied to the laws of physics but will stop monopolization of industry, lead to decentralization our use of energy, and destroy the monopoly on violence that governments have exploited. We will be less sick, we will be happier, and I suspect back in touch with nature and ourselves. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining image
I’m looking forward to the day when Bitcoin miners build their own energy projects, and infrastructure. Populations will follow the abundance that is created in that area. The way we organize ourselves will allow for smaller happier communities and abundance for all. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4 #plebchain #energy #mining
Nature exists in a state of anarchy and the only “rules” are those of physics… Ownership of property is ultimately a game of power projection and all life is in perpetual power projection. Humans are great abstraction machines and are able to avoid this until the cornot equilibrium shifts to be too profitable to attack. Thus the final settlement layer of society is war or power projection. Bitcoin can become that final settlement platform for whatever amount of rules and value are put onto the network if it is 10% of global value it stands to reason that around 10% of power projection will be bitcoin mining. Potentially much more since any amount of power projection should give a reward via mining pools. In war countries must expand a minimum amount of force to achieve their objective and must face repercussions from countries not in favor of their actions. Because of this bitcoin mining will be a more efficient return on investment for power projection. The Carnot equilibrium for attack would completely change as Bitcoin became a dominant asset globally. If Bitcoin becomes a parrellel payment system and store of value then the world being more at war would increase its value(I suspect market cap must get to at least golds for that to happen). This means that if things did get bad enough that countries wanted to do final settlement in war which appears to be happening more and more, then the value of bitcoin rising would decrease that likely hood. At this point the system that is the most prosperous essentially wins. Central Banks, politicians, and governments don’t have much say in the matter, this is a fair fight of the petro-dollar system vs a digital store of value system backed by location independent energy. Either a small amount of inflation is necessary for society and bitcoin is a backup system that also allows for development of small nations and levels the playing Feild and keeps the country in charge of printing somewhat in check, or an Austrian economic model is preferred by individuals, bitcoin standard is the winner and disrupts the keysnian model completely. #bitcoin #nostr #Lightning #ligbtningnetwork #zap #zaps #proofofwork #pov #jasonlowrey #satoshi #war #oil #petrodollar #m4
The rise and eventual collapse of societies literally can be simplified to the investing class shorting their own money via investments. #bitcoin #economics #nostr #discussion #gm
Egregore: non-physical entity or thoughtform that arises from collective thoughts and emotions. In a way the first egregore was probably death. Perhaps power hierarchies but in animals those arise more from the current fear of pain/death or seeking of pleasure related to survival like food or sex. pain is an instinct of the risk of death on the organism. Pleasure is an instinct for the needs to thrive and procreate. Humans therefore may be the only animals that have egregores and after death the next egregore may of been money. Money likely existed in some capacity as a belief system equating to energy before agriculture began. Once we could think more 4 dimensionally(probably from psilocybin induced synthsia) thinking Into the future and the past allowed the concept of death to become an egregore. So did the structure of power hierarchy’s. We think into the future of that social structure. Money or just scarcity of an item can portray the meaning of the structureand peoples place in it. It took proof of work to get the scarce resource on a kings head. Crowns are in all sorts of cultures essentially proof of the power the person has by showing the work they can store that took to get the rare item. An abstract value system that is collectively believed and would not work without the concept of death and that structure gives predictability in exchange for a tax of energy of the people within the system. Stabler systems tend to prevail and more people believe that egregore that prevailed. Systems or governments want to increase their capture of energy via tax. They will invade and control what they can, especially places with high frequency of trade like shipping ports or places with lots of resources. The sang “death and taxes” they are the the most persistent egregores of the human story cross culturally and across time periods. I’ve heard Bitcoiners now say “death taxes and bitcoin”. There is still transaction fees to reward miners it is taxes in a frictionless domain so it takes less energy per trade but it is still the egregore of death and taxes. Only these egregores are immortal in my opinion. As for the implications of this… One solution being proposed with Ai is for us to put it into our brains so we “control” it but what if instead it was built onto the most energy consuming and persistent egregore humans have… Bitcoin essentially being symbiotic with the hive mind of humanity via markets would want us to prosper and us wanting the network to do so creating a giant super Intelligent ant colony so to speak that benefits from the super organism that is the bitcoin network. I think that if we ever have a super intelligent AI as a part of how we work as humans it exists on top of an egregore that needs us to believe in it to stay alive. if it does not help us prosper we stop believing in it, it stays alive by us believing in it. If people don’t believe in it they stop mining stop using nodes transacting int it and saving in it etc. By the economy running on bitcoin we control it as an egregore, an idea bigger than us but we hold the power and so any Ai running on the network would simultaneously be open source, have more access to energy then any other computer network, have all the economic data at its disposal in real time, and be fully incentivized to benefit humanity. #plebchain #nostr #bitcoin #ai #zap #sat #discussion
As more capital increasingly becomes knowledge and as more of the capital is recorded on the #timechain economies of the world will see capital depreciation approach zero. What happens after 1000 years of near zero capital depreciation, perfect saving’s technology that can’t be fucked with, and an exponential increase in our ability to harness energy??? I think it means a trillion+ humans all living in abundance with the freedom to pursue a meaningful life. Satoshi gave us the blueprint and initial steps to build this future. I’m just grateful to be alive at a time to help build that. #satoshi #subsidizethis #nostr #bitcoin
Been thinking of how #bitcoin and #nostr have the potential to lead to technologies that will allow for a universal basic income independent of the state. This seems needed for a post labor economic system. We can build ways to have advertising revenue go to users and not tech companies. The amount that goes to the company/clients will be a race to zero due to the ease that users can switch to a new client. This will also be able to solve issues with spam. My question lately though is how can we bias the #ubi to human users over accounts that are bots. How can we make sure that their is not an incentive to make 1000s of accounts that can collect a share of the ubi? Potential solutions and there downsides… 1. Every human has their own unique finger print or face, could this or other biometric data be used. What are the trade offs here In privacy. There must be potential downsides. Who gets all this data. What about after the person is no longer living, how do we verify that with reduced dependency on centralization? Will it be possible to fake a human finger print or other biometric data? 2. Will systems that distribute ubi be in charge of verifying what accounts are an individual person and deserving of the distribution? Basically I’m attempting to crowdsource some leads on new areas of information. I’m working on solutions in this area and want to know how we can make the difference in sovereignty of the great grandchild of someone who stacked sats be as close to possible to someone who is born with no sats in their family lineage. #sovereignindividual #universalbasicincome #asknostr #client
The halvings will change the time preference of companies. When on a bitcoin standard in the future or today if your a Bitcoin company you’ll measure your growth in bitcoin not fiat. Because Bitcoin has cycles from halvings, measuring quarterly growth makes no sense. Rather growth of the company should be measured in bitcoin. Most companies will get smaller each year as we transition to post labor economics. The companies that grow in bitcoin terms will be the ones able to contribute to making their sectors highly deflationary. As companies time preference moves towards 4 year goals instead of quarterly goals humanity will benefit greatly🧡 #nostr #bitcoin #lowtimeprefrence #halving
How do I set up a wallet so that I can send and receive zaps. New to Nostr #bitcoinsavesus #asknostr #asknostrdev #grownostr #orangepill #subsidizethis
Ideas are capital. That capital has been bound up with social media networks. The world tends to go through massive changes when we can better get a return on that capital. #Nostr and #Bitcoin will be the printing press of the 21st century.
@Deleted Account Bitcoin mining creates location independent energy demand. Cheapest energy wins and gets cheaper by economies of scale. Because of this… When you build applications on Bitcoin you don’t just solve a problem or bring down the market equilibrium price with your product or service. You don’t just help the unbanked bitcoin bag holders getting pulled out of poverty by their bitcoin savings. You increase the energy consumption of the Bitcoin network, helping us get to a future where abundance of energy orders of magnitude above today is available to everyone. The most efficient way to help make the 🌍 a better place is to #stacksats and #buildonbitcoin
@Deleted Account Bitcoin is the new CPI -CPI will be looked back on as being a federal reserve scam. -It is adjusted to be filled with things that money printing makes cheaper like corn rather then a grass fed steak. Therefore it does not measure cost of living expenses but rather cost of living expenses for a worsening quality of life as incentive structures get broken. If your stubborn about maintaining certain things of quality that existed in past generations before today your inflation rate is higher then what the fed claims it to be. -A Bitcoin based economy can measure inflation or rather deflation accurately in a impossible to manipulate way in the two worlds that we will have, physical and digital. Physical: inflation or deflation can be measured over periods of time by comparing the formula for energy value of 1 Bitcoin. 10 minutes of energy used by the Bitcoin network ➗total block reward = physical value of 1 bitcoin at time of being mined. Digital: inflation or deflation can similarly be measured over periods of time by comparing the formula for computational or digital value of 1 Bitcoin. Average hashes used by the Bitcoin network for 1 block➗total block reward = digital value of 1 bitcoin at time of being mined. For example, if the Bitcoin network never used more energy, the block reward stayed the same rather then decreasing, and new technologies to make production of new goods and services more efficient stopped being produced then the physical economy would have a 0% inflation rate. If Moores law continued as is the digital economy would experience deflation. Digital deflation can happen without physical as it is today but when both are happening at the same time things will begin to look very different. What happens when Bitcoin mining itself incentivizes the very variables that will drive hyper deflation in the physical and digital when most the world is on the opposite fiat system?