Happy birthday American 🇺🇸

The way Saylor COULD be an attack on Bitcoin is probably a cultural attack. Start off by stacking Bitcoin in pub co to "hedge inflation" --> dominate news cycle, podcast circuit for years --> community lauds the strategy as novel --> distracted with NGU suitcoiner narratives --> bitcoins centralize, cultural values erode --> Bitcoin development reflects the general state of the user base, distracted/adrift from the roots of what makes Bitcoin sound Maybe that line of thinking is off base, but I can see how something like that could definitely happen.

Knots and the one hundred and tenth Bitcoin improvement proposal take Bitcoin down to first principles. The decentralization, and security arguments I have encountered fail the smell test. They occur 2 or 3 levels above what the root problems are with the Bitcoin network today. Completely blowing out datacarriersize because things like slip stream exist - well slip stream exists because of cheap fiat credit enabled by $MARA pub co status & the incentives that are derived from large pubco miners. If pubco miners were exposed 100% to the free market, their incentives would be forced to align with low time preference & long term health of the Bitcoin network.

There is no spoon

Should I start a Bitcoing Treasury Company meetup? People who own Bitcoin treasury company stocks can talk about their stock portfolios.

Can we trace the rise in spam on bitcoin blockchain with the prevalence of Grant funded developers? Where I'm going with this is that people are earning money in a system that must be a free market. If you are working on something that wouldn't otherwise be profitable, chances are you could be doing more harm than good. As someone who has benefited from grants myself, the work is mostly uneconomic in nature. Sure, it is good work and maybe fulfilling but I'm not sure it has a place in the free market.

The natural world we experience around us today is largely the reflection of the fiat economy. Mans ability to harness and subdue the environment relies on our connection to it.

I need to get better, or prepare more to discuss Bitcoins neutrality.

GM this morning swim hit a bit different Með suð í eyrum við spilum endalaust

"i can't pay you in Bitcoin because then there's taxes"

GM