For 30+ years low interest rates incentivized more & more debt — debt servicing costs were almost an afterthought. “More debt isn’t a problem” was a common mantra. Oops…sh*t got really expensive really quick.

Over time, inhibiting deflation is inflationary. Fiat enabled anti-deflationary monetary policies have compounded over decades and made today’s economy more fragile than it’s been in 100 years. Hedge the system. #Bitcoin

If u encounter someone who doesn’t at least acknowledge #Bitcoin is an interesting & potentially significant technological development, 1 of 3 things is true: 1️⃣They don’t yet understand what it is. 2️⃣They don’t understand how money actually works. 3️⃣They’re just plain stupid.🤷‍♂️

“Money is the mother of all network effects & tends to one. #Bitcoin  is the original & increasingly dominant protocol for digital value storage and exchange. For those of us who have been focused full-time on digital assets for 6 years, it’s increasingly clear that #BTC  is emerging as the TCP/IP for value — and yet, most of the world still has no idea that this is happening.” —Jesse Myers

There has never been a better time to take REAL possession of the most pristine asset on the planet. And as we like to say here at Blue Collar #Bitcoin … The COLDCARD f**ks hard.🤷‍♂️

Few appreciate just how overly monetized many asset classes are in today’s economy. #Bitcoin has the potential to be THE GREAT DE-MONETIZER. “In the absence of good money, everything else that has some degree of scarcity gets monetized instead.” — @Lyn Alden (Broken Money p. 245)

Those who avoid #Bitcoin are going to get their faces ripped off. We like our faces. Therefore, we buy #BTC.

Turns out #Bitcoin was not just a ZIRP phenomena. Who would have known.🤷

If you hold ETH, what do you call a spot Ethereum ETF provider? 👉Daddy.

@Saifedean Ammous showed up looking like this on BCB last week. Needless to say, this one got rambunctious. As the great Ron Burgundy once said, "Well, that escalated quickly."😉

Blue Collar Bitcoin • BCB133_SAIFEDEAN AMMOUS: Austrian Economics & Brutal Takedowns • Listen on Fountain

Saifedean Ammous (Economist & author of the best selling & seminal book The Bitcoin Standard) lets it rip with Dan & Josh. Gloves are off in this o...

We’re either complete f**king idiots or #Bitcoin is a shockingly obvious thing to own. 🤔…suppose both of those options are viable.

No adult supervision with @Saifedean Ammous 🔥😂 Red Sunglasses and no f*cks given😎 A no holds barred rip: 🖼️Distain for modern art 💩 ✅Keynesian Smack Downs ✅Steel-manning Fiat ✅The Mother A$$hole ✅Advice for the future ✅Macro Analysis Useless? ✅SS V Cast Iron

Blue Collar Bitcoin • BCB133_SAIFEDEAN AMMOUS: Austrian Economics & Brutal Takedowns • Listen on Fountain

Saifedean Ammous (Economist & author of the best selling & seminal book The Bitcoin Standard) lets it rip with Dan & Josh. Gloves are off in this o...

The VAST majority don't grasp the extent to which the state consolidates power in a digital fiat landscape. #Bitcoin  propels us in 2 promising directions: 1⃣Diminishes the dominance of government-issued currency. 2⃣Leverages the digital realm to promote freedom, as opposed to surveillance.

Like many paradigm breaking discoveries, #Bitcoin likely enforces the world YOU already see. Christians think it reflects Christianity. Atheists think it reflects atheism. Agnostics think it reflects agnosticism. Stay genuinely ready to learn from others, and beware that the most unhelpfully dogmatic groups are often the most vocal & confident.

“I don't know how to cook" is an adorable statement. If u start in the fire service & make that claim u get one response: "You better learn quick." It's pathetic how many grown ass adults have no food preparation skills. Learn at least the basics of how to fuel ur own body.

Late night deep thoughts on Nostr: One of the most challenging parts of being a firefighter/paramedic is also one of the coolest parts. Like many other healthcare providers, we see fucked up shit quite often. We witness illness, sickness , suffering & death on a regular basis. To most, this seems like a negative (and it certainly has its challenges), but it's also a huge gift. It injects incredible perspective on the REALITY of life. We get a chance to process the true fragility of the human condition earlier than many others. Therefore, it often feels like a gift to be able to sit back and recognize just how much of a blessing health & youth are. Firemen make this realization in their 20s & 30s, many others make this realization in their 50s & 60s.

Talking to @Saifedean Ammous this morning. What do u want to hear us cover?

The 2020s fiat monetary system is getting downright spooooky. Protect ur portfolio w/ assets the goblins can't make more of. #Bitcoin

This quote has us captivated by its accuracy. 😱 Carl Sagan wrote this about the future of America that he feared circa 1994 in the book “The Demon-Haunted World” “I have a foreboding of an America in my children's or grandchildren's time -- when the United States is a service and information economy; when nearly all the manufacturing industries have slipped away to other countries; when awesome technological powers are in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what's true, we slide, almost without noticing, back into superstition and darkness...” Gives us CHILLS 🥶

This is hands down one of the best #bitcoin books out there, especially for those who want an accurate but digestible understanding of the more technical side of how this protocol & network functions, …which many who find #BTC through finance or econ could really use more of. 👊 @Daz B @Seb Bunney