I encourage everyone to check out the Monetary Justice website, and to share it with anybody who expresses concern about the current state of the U.S. economy.

Americans for Monetary Justice

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By @Monetary Justice What’s the gist? The site argues that financial institutions have partnered with the federal government to devise a monetary system that allows both parties to exploit the American people. While this is not news to bitcoiners who have spent countless hours learning about the monetary system, the Monetary Justice site makes it easy for anybody to grasp this concept in ten minutes or less. I think the simplicity of its message has the potential to wake up a lot of people. It proposes a framework that essentially asserts that all modern repressive monetary systems have these five characteristics in common: 1) Currency Creation 2) Currency Inflation 3) Currency Compulsion 4) Currency Confinement 5) Currency Control To institutionalize an exploitative monetary system, federal politicians, in cooperation with the banking sector, have codified these five repressive characteristics into law (the site lists these laws). And while each law on its own may be constitutional, taken together they are indicative of something called cumulative unconstitutionality. According to the site, “Cumulative unconstitutionality refers to the concept that a series of individually constitutional laws or policies can collectively become unconstitutional when their combined effect infringes on fundamental rights or violates constitutional principles." The case is made that the monetary system is unjust and unconstitutional, and that Americans should neither abide nor accept it. Rather, we should use our greatest strengths to peaceably, but actively, resist and reform it. Those strengths are a federalized government with independent state governments (which are also unduly burdened by current monetary policy), and a constitution that exists to prevent the federal government from encroaching on citizens’ rights to life, liberty, property, speech, and self-governance; all of which are diminished by the U.S. federal monetary system. The whole site right now is only about 4 pages, so the whole thing can be read in one quick pass. 100% worth it, IMO. If you think more people should hear about this, be sure to mention it to your favorite content creators who might appreciate the suggestion.

Every pleb should read this. note1uyuy23jtajp3n0emm66ed5wejg4hdcj79h304hmszjaqxrx50chsnyxys5

Another question I have is this: How is it that regulations governing money (money transmitter licenses, aml, kyc, etc.) are being applied to something that is classified as property in the U.S.? I’m sure there’s a loophole that allows the federal government to have its cake and eat it too. I’m just curious what that loophole is.

Quick question for the scholars… Why were the states not able to prevent the confiscation of their residents’ gold in 1933? Trying to grok the proposed self custody law in Missouri. Thanks!

There is no singular evil cabal. Only a Conspiracy of Self-Interest playing out repeatedly ad nauseam throughout time. Perhaps Bitcoin can realign incentives in such a way that this law of human nature will serve society rather than degrade it.

Invisible Forces

The Conspiracy of Self-Interest

Is anybody doing the nostr over ham radio?

The @Wallet of Satoshi team found a way to give Lightning users the features and experience we desired. In order to provide that experience they had to make technical tradeoffs which introduced counter party and regulatory risks. But they set the bar for UX nonetheless. The Lightning protocol needs to evolve to a point where such tradeoffs aren’t necessary, and some really smart people are working hard to make that a reality. I’m a fan of this team. When things get sorted, I’ll gladly return. 🤜🤛

Either testnet coins are the rarest things on Earth, or I’m doing something wrong. 🙃

I swear emojis were invented just to fuck with autismos

Coin Stories (a Bitcoin only podcast) is one of the best in the space imo. @nat brunell consistently brings it. Interesting guests. Thoughtful conversations and questions. I’m always happy to see a new episode drop.

What user friendly tool are you all using for trustless account portability to consume micro services on mobile? View quoted note →

Ironic how all of these big tech companies have been happy to mine the personal data of individuals for profit, yet now they’re freaking out about the use of AI within their organizations due to the potential for data leaks. Privacy for me, but not for thee…

If normies ever come to nostr, it will be BECAUSE of bitcoiners and their efforts here and now. Not in spite of them. Props to the Bitcoiners who see the vision, ignore the warts, and show up everyday to help make this thing better! 🙌 You are appreciated! 💜🫂🙏 ~ no zaps plz 🫡 ~

Thinking about tickets on Nostr: An Ecash based ticket might be the best option vs introducing another Kind. 1) An Ecash ticket would be private (which is very important imo) 2) It would be a bearer asset. Something you own and can transfer to others out of band. Just like a physical ticket. Ecash for sats is awesome. I’m all about it. But Ecash can do other things Lightning can’t do, and that has me very excited about #Cashu. The more I dig into Cashu, the more impressed and appreciative I am for the work @calle and others have done. 💜 Chaumian Ecash is gonna be a big deal.

Never been much of a gamer, but I’d really like to play a generative AI version of Will Wright’s old game, Spore

Mash is what happens when smart af biz devs grok Lightning ⚡️Forget the institutions. The hungry biz devs are coming. View quoted note →

💯 Satoshi’s Psy-op: There is no such thing as a Bitcoin. That was always just an arbitrary amount of sats awarded to miners. So now the world prices Bitcoin units by the 100m. 🤣 Every aspect of Bitcoin is brilliant 👊 View quoted note →

💯 Had the same experience yesterday View quoted note →