"If history teaches us anything, it would be that private property is inextricably linked with civilization." - Ludwig von Mises

January 3rd...
Satoshi Run
No Fractional Reserve..
Not your keys, not your Bitcoin.....

"Inflation is taxation without legislation." - Milton Friedman

"A wise man should have money in his head, but not in his heart." - Jonathan Swift

The Asch Conformity Experiment perfectly demonstrates the need to think independently, particularly regarding Bitcoin.

Most people will at some point conform with the majority *despite knowing* they are wrong. Imagine what happens when you don't know that they are wrong.

FACT: Bitcoin can be stored in your brain, known as a Brain Wallet.

Cody Wilson, co-creator of Dark Wallet and a 3D-printing gun company accused of sexually assaulting girl before leaving U.S. and missing scheduled flight back. reddit.com/r/Bitcoin/comments/ #bitcoin

@alonsovalencia

The most advanced weapons (able to bring down empires) are those weapons the state doesn't identify at first sight as _a_ weapon.

It's the ignore...ridicule...fighting back...lost thing!

and (as you mentioned) _time_ and _energy_ are the ppl's weapons.

This time the state is one step behind and we have to be very wise/selfless and engaged to never let this advance go out of our hands.

🙏 for your ...my very 1st time!

Bitcoin's achievements is owed to creativity and ingenuity. It has zero to do with political endorsement.

@AlexAnarcho @StopAndDecrypt @pierre_rochard @giacomozucco @_Kevin_Pham @Bashco @nvk @Francispouliot @Ragnarly @mattodell @dandarkpill and in the event of gold being mined from asteriods, it is subject to humans making arbitrary decisions and not objective code. Also, say there was a crypto with an 70% inflation rate (hardcoded). That crypto is still completely un-usable as a money and is definitely not a sound money.

@AlexAnarcho @StopAndDecrypt @pierre_rochard @giacomozucco @_Kevin_Pham @Bashco @nvk @Francispouliot @Ragnarly @mattodell @dandarkpill and in the event of gold being mined from asteriods, it is subject to humans making arbitrary decisions and not objective code. Also, say there was a crypto with an 70% inflation rate (hardcoded). That crypto is still completely un-usable as a money and is definitely not a sound money.

@AlexAnarcho @StopAndDecrypt @pierre_rochard @giacomozucco @_Kevin_Pham @Bashco @nvk @Francispouliot @Ragnarly @mattodell @dandarkpill yes it does. The characteristics of being a store of value and a unit of account are two of the three characteristics that define what money is.

@AlexAnarcho @StopAndDecrypt @pierre_rochard @giacomozucco @_Kevin_Pham @Bashco @nvk @Francispouliot @Ragnarly @mattodell @dandarkpill but increases in supply (inflation) does as it means that there is less demand per unit of the asset and therefore will be a lower price.

Gold's scarcity is only a temporary side affect of us not having cheap enough rocket technology for mining gold from asteroids to be profitable.

Bitcoin is the only asset with an actual fundamental supply cap and is therefore the best long term store of value and sound money.

@StopAndDecrypt @pierre_rochard @giacomozucco @_Kevin_Pham @Bashco @nvk @Francispouliot @Ragnarly
@mattodell @dandarkpill

Show more
Bitcoin Mastodon

A mastodon instance for Bitcoin Maximalists.
No scams, no shitcoin, no impersonation, no begging, and no illegal content.
Keep it civil and we should all survive :)