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Financial wealth should be measured in real assets, not liabilities.

Open networks win

The higher the demand, the higher the price. The higher the price, the higher the supply. Except for bitcoin🐂

He quotes Hayek in an interview. I like him already🤓

nodl

nodl Two - nodl

nodl Two is a full Bitcoin and Lightning Network node.

Nodl two on preorder on nodl website. Has anyone heard anything about this? I have t seen any podcasts or posts on this 😁

Cool story. Lessons about privacy in here.

“No action can be virtuous unless it is freely chosen.” ― Murray N. Rothbard Are you "choosing" to use the USD or whichever nation state currency?

Censorship in the physical world requires physical violence. To be uncensorable, you would have to be strong physically. Censorship in the digital world requires digital violence (e.g. Denying access to bank, social media accounts). To be uncensorable, you would have to be strong digitally. More and more of our life is online. Bitcoin and Nostr makes one stronger in the digital world. And that is why I'm spending time learning about it.

Is anyone knowledgeable on EMPs and if that is a real risk we should protect against? I'm thinking how to protect hardare signers from such a threat. For example, are farady bags sold by SLNT or other brands enough to protect against that?

When using a money that loses purchasing power constantly, people work, save what is left after expenses, then invest so that purchasing power is preserved. If someone could choose another system where the purchasing power is constant over time, people would still work, save what is left after expenses, but not feel obligated to invest to preserve purchasing power. Advantages people could create more income if desired when there is no need to spend time learning how to invest, paying financial advisors, risking capital in investments that are hard to understand. the financial economy would shrink, the corruption of the financial interests influencing politicians could possibly shrink people could work less and have the same quality of life, spending time on things that bring value but not in a monetary sense If the money acuatally increases in purchasing power over time, the points above are still true. The difference is that, investments will need to have returns that are more than the background productivity growth (increase in purchase power of the money) for the risk-taking to make sense.

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Human civilization began with the adoption of agriculture resulting in increased population density, specialization, and trade. The industrial revolution resulted in increased urbanization, exponential energy use, and even more specialization and trade. Everyone is aware of how technology improvements change the lives of the commoner; it could be just me, but I had not thought deeply about how the rate at which technological changes happen may cause damage to the societal fabric and even cause geo-political balance changes. Not that this is the only factor that caused these events, but places where industrialization took place fast experienced major societal traumas afterwards: Europe - Revolutions of 1848, Japan - Meiji Restoration, China - Great leap forward. Place where the pace was slower had more time to transition - the United States. Technological upgrades to the economy are good in the long term, but may cause damages to society in other ways that may be unexpected. Not that we have control in how Bitcoin adoption takes place, but It may be a good thing that the pace at which we transition from the current monetary system to a Bitcoin system be slow. Assuming Bitcoin is the base layer of the next monetary system, countries that transition voluntarily and methodically over decades will fare better than countries that will be forced to transition in a year.

Equities are the largest portion of most normal portfolios learn about some risks of equities that you may not have thought of truly insightful https://vid.puffyan.us/watch?v=8cX1aptP5Io

How 3D Printing Could Decentralize (Almost) Everything by The Hated One

ggtyler.dev

reducing supply chain risk on security hardware is the obvious benefit over the long run, the decentralization of the manufacturing processes will revolutionize our physical world and more

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