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Blue Collar Bitcoin
bluecollarbitcoin@NostrVerified.com
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Firefighters explore economics, finance & #Bitcoin (Josh & Dan shared profile)
This coming week we're recording Bitcoin Basics Episode #10 w/ @Seb Bunney & @Daz B Topic: How Bitcoin Could Fail Shill us some resources you've come across that present solid challenges or counterarguments to the #Bitcoin thesis.
In the 21st century financial environment, the lines between saving & investing are blurred. #Bitcoin fixes this.
“Recessions are the inevitable outcome of interest rate manipulation in the same way shortages are the inevitable outcome of price ceilings.” - @Saifedean Ammous
“Recessions are the inevitable outcome of interest rate manipulation in the same way shortages are the inevitable outcome of price ceilings.” —@Saifedean Ammous
If you're willing to do the dirty work in the 2020s & 2030s, you might just get PAID.🫰💸 Here's why.👇 We're starting to see more manual labor, manufacturing, & industrial jobs get BIG pay bumps. The most popular example right now is UPS drivers making $170k. Some work-from-home computer warriors may be upset, but prepare for this trend to potentially continue.🤷 Over the past few decades, the incentives in the U.S. have led to an increasing percentage of talent & human capital moving toward software, healthcare & the financial sector. When we zoom out, this is (at least in part) due to American manufacturing & industry becoming less profitable as a result of a perpetually (and artificially) strong $USD — the downstream consequence of a fiat monetary system & USD hegemony (but I digress). Couple this with the fact that people seem to be startlingly & increasingly lazy. Society was soft before COVID, and the pandemic added even more down feathers to the workforce pillow🪶. Seems like everyone & their cousin's mother wants to sit at home in front of a computer...drinking smoothies, petting their Aussiedoodle, and doing yoga throughout the work day. Nobody wants to get their hands dirty.🛠️ "The MBA graduate from a mid tier school that's making excel spreadsheets that get read by 2 people and don't do anything....they aren't necessarily providing value." —@jimmysong To use firefighting as a labor example, 10 years ago our department had literally 10x as many applicants as are interested today🤯 There is a shortage of real labor, especially skilled labor, and with US industry & manufacturing desperately trying to reshore & catch up as the world starts to de-globalize, those willing to step up are going to get compensated for it. Demand for labor is high. Supply of labor is low. In today's environment, those who get off their ass may be increasingly rewarded. And in our view, there's a real chance that amidst this low labor supply, unions may actually strengthen considerably. Although computer warriors might b*tch & moan about it...this jealousy from the confines of home offices is likely to continue until the work force improves.
When money & markets are heavily controlled by humans, the most powerful humans have too much control over money & markets. #Bitcoin is remarkable because it wrests monetary control out of the hands of humans, leveling the playing field.
New family member at BCB today. 🐶 He enjoys hunting wild elk, and was found too ferocious for police work. image
Let’s abruptly “end” fossil fuels and usher in a newfound wellspring of mass global poverty.
The world isn’t missing fancy new “decentralized” monetary tech. The world is missing monetary reliability. #Bitcoin
It's EXTREMELY rare for #Bitcoin to click immediately. Stay patient with those around you. "Everyone dismisses Bitcoin at first. But, in time, everyone must also come to terms with its staying power and wrestle with a nagging dissonance." —@Croesus
The Digital Age puts a dramatic fork in the road when it comes to freedom. Some tools create frightening control & repression. Other tools give individuals unprecedented autonomy. Build & support the latter. #Bitcoin #Nostr
We're gonna be running these bad girls & mining some #BTC all winter in our homes. Worth a peek if u wanna do a little home hashing but can't go whole hog w/ a hardcore mining setup. 30% off preorders ending in Sept — additional 5% off w/ code "BCB" 👉 heatbit.com/?ref=BCB image
Over 180 unique fiat currencies exist globally. #Bitcoin represents a quantum leap in monetary interoperability.