"Ludwig von Mises had it right many years ago when he predicted the downfall of socialist economies, including the Soviet system for a precise reason. Without a free market pricing system there's no way to make proper economic decisions regarding supply and demand for product is and services. Free market choices under socialism aren't permitted; the government sets the price and plans for production. Government bureaucrats can't know what only markets determine. Vital in the decision process is the profit-loss mechanism that rewards success and punishes failure Government ownership of the means of production eliminates the benefits of bad decisions by business managers being punished. Under the socialism and interventionism that we have today, the successful are punished by being forced to bail out the unsuccessful." Ron Paul End The Fed #endthefed

I found a copy of the white paper in my office. These are the first two paragraphs in the Introduction of the White Paper. This is what I think is so fascinating about the peer-to-peer electronic cash system we call #Bitcoin. Satoshi didn't write about collateral. He didn't mention Treasury Companies. As far as I can tell, stablecoins backed by the robbery of your children and sold to countries that get screwed by the IMF isn't in the white paper. You won't find anything about jpegs either. He talked about individual people transacting over a communications channel based on cryptographic proof instead of trust. It's time to get back to basics.

We need more independent voices and less red or blue bootlickers. View quoted note →

I want to try this, but it makes me a little nervous.

My wife and I made some tomato soup with tomatoes from our garden and chicken broth made from bones in our freezer.