NYT claiming Adam Back is Satoshi is at best poor journalism and at worst FUD designed to make normies think the guy who created bitcoin is in the Epstein files. Unfortunately, most will probably believe it.

I attempted to write an article (without using AI) to a normie audience explaining why AI is ironically inflationary. I found it extremely difficult to distill a complex topic. It just turned into a word salad. Then I gave in and asked Claude. In 5 seconds spit out what took me hours to try and articulate way better than I ever could. Below is what I believe is the most concise way of explaining. Besides the fact that I have to accept I’m a horrible writer, it only sunk in more about how cooked we really are. “The core insight is that the modern financial system runs on debt, and debt requires income to service. When AI systematically eliminates jobs or suppresses hiring at scale, it doesn't just create a social problem — it creates a balance sheet crisis. Unemployed and underemployed workers can't pay mortgages, auto loans, credit cards, or student debt. Default rates rise. The securities built on top of those loans — the CDOs, CLOs, ABS products, and money market instruments that underpin the financial system — start to crack. Banks tighten. Credit freezes. The whole leveraged edifice wobbles. At that point, the Federal Reserve faces its usual impossible choice: let the system clear and risk a depression, or intervene with liquidity. It will print. It always prints. And the injection of trillions of dollars to backstop failing credit markets is, by definition, monetary inflation — every dollar created dilutes the purchasing power of the ones already in circulation. The deepest irony is that AI makes production cheaper while making money worth less. You might be able to get a widget for half the price, but if the dollar buys 30% less than it used to, you're not ahead. Productivity gains get swamped by monetary debasement. The technology that was supposed to make everyone richer instead accelerates the wealth transfer from savers and wage earners to asset holders — the people who own the AI, the real estate, the equities — while the Fed's money printer quietly taxes everyone else. It's deflationary in goods, inflationary in money — and that combination is historically one of the most destabilizing a society can face.”

GM NOSTR I’ve concluded that GLP-1s are hands down the most fiat thing to ever exist. Maybe I’m biased because I work in the industry and see it in my day to day but it’s shocking (and frankly terrifying) the level of demand for these drugs. It’s hard for me to see it any other way besides most people are completely unwilling to take any form of responsibility or accountability for their own health. Sad.

The thing I’ve never understood about the argument of quantum computing breaking bitcoin is that in this hypothetical world bitcoin would be the last thing anyone should be worried about. This is way above my pay grade and maybe I’m missing something but my understanding is literally every computer system that uses current encryption standards would also break. So idk maybe cracking keys to nuclear systems or the global banking system is probably what you should be concerned with, not magic internet money. But I’m just a pleb, what do I know.

“Eventually a stage may be reached at which the decisions necessary to keep the system running will be so complex that human beings will be incapable of making them intelligently. At that stage the machines will be in effective control. People won’t be able to just turn the machines off, because they will be so dependent on them that turning them off would amount to suicide.” - Teddy K.

If I had to guess, 90% or more of people in America don’t know what the word usury means and have likely never heard it before. It’s literally been scrubbed from society.

Bitcoin will drive you insane because you’re constantly exposed to people who are so smart they’re completely retarded

Yo @jack mallers

This life will stress you like Orson Welles on the radio War after war of the world’ll make all your saneness go

A sovereign debt crisis, hot war in Iran, rapidly rising energy costs, the most deflationary technology to ever exist, jobs getting cut everywhere, a commercial real estate market in shambles. This is one gnarly cocktail.

Quote that stuck with me from @Lyn Alden latest newsletter: “Empires don’t voluntarily downsize. Instead, they tend to take the mask off, lash out, and aggressively seek other places to offload those problems.“

Like many others have already articulated, the Charlie Kirk assassination yesterday was a turning point for me personally. It shocked me and instilled a sense of fear in me that quite honestly, I needed. Last night and this morning the only thing I can think about is the safety and security of the people closest to me. That is my number one priority. Unfortunately, that led me to the conclusion that I will likely no longer use this npub since I’ve doxxed myself. This makes me feel extremely sad. Nostr has allowed me to be my true and authentic self and I thought I would be able to balance that with personal privacy, but I currently don’t feel it is wise to be putting myself out here like that. To everyone in this community, myself included, it’s time to go full cypherpunk. Re-read Eric Hughes manifesto if you have to. We need to quit fucking around with the fiat games. That world is collapsing as we speak. What will your MSTR shares be worth when the dollar is worthless? Now is the time to embrace open protocols and freedom tech. Not because we want to, but because we have to. Who knows maybe at some point in the future I might pop back on here but until then: see you space cowboy…

Stay vigilant out there fam. Rough seas lie ahead. People are the most irrational and dangerous when they’re operating out of fear and feel like they have nothing to lose.

“You either die a hero, or live long enough to see yourself become the villain.” Charlie Kirk will be remembered as a hero.

Spotted at local meetup. The ex-sneakerhead in me can’t deny these are heat

Imagine thinking the US government will just sit back and allow MSTR, Coinbase, Fidelity, or any publicly traded US company to “own” millions of coins as the dollar collapses…