The Subjective Theory of Value and the Labour Theory of Value - How many Bitcoiners understand the difference?
Helping others succeed is one of the most rewarding feelings there is.
Back on Nostr and giving Primal a try!
Bitcoiners talk a lot about β€œincentives” and I’ve recently started to gain a better understanding: On @npub14mcd...frlx’s podcast, @Brandon Quittem does a great job of explaining that wanting to make everything fair and by removing certain advantages so everyone can get the same outcome, completely changes the incentives of society. It rewards the wrong things and allows mediocrity to compound. Why innovate if there are no incentives? Whereas free and open markets truly allow merit to rise. The small minority of people who create valuable products and services that change the world need to be shown the incentives in order to innovate. An easy example of this is taxes: If business taxes are high, entrepreneurs won’t be incentivized to take the necessary risks to bring new products to market. #Bitcoin helps you understand how market incentives affect human behaviour.
Overheard a group of kids (10-12 years old) talking about price increases and inflation. In the purest way, even they know the money is broken. This is why #Bitcoin education is one of the most important causes I choose to spend my time and energy on.
The assassination of Donald Trump shows how broken society is. Use words not bullets. Bitcoin will be our peaceful exit from the system.
Sent from my one and only chair. Stay humble and stack sats, especially while Germany sells their #Bitcoin image
If you love coffee and Bitcoin, visit the FUNK Coffee Bar in Vancouver. They’re building something special!
This might be a first… Here is the β€œProof-of-Work” Bitcoin Bachelor Party! Cycled 300KMs across 3 days along the Pacific Marine Circle Route on Vancouver Island, BC. I’m drawn to Bitcoin and fitness because they both require humility, discipline, and dedication. Bitcoin is a complex subject that demands countless hours of study to understand it. It encourages critical thinking and rewards those who put in the effort and are open-minded enough to learn about it. Meanwhile, fitness is all about self-discipline. Your health can't be bought with money or power. You need to put in the time and energy if you want your body to perform in a certain way. This trip was the best of both worlds for me. To cap it off, we ended up visiting Victoria Kayak where we purchased one person a free ticket to Learning Bitcoin using sats of course! Sad to be missing this event but shoutout all the Canadian Bitcoiners in British Columbia πŸ‡¨πŸ‡¦
Be open to speaking publicly about your hopes and dreams. Social accountability is a strong force of motivation and action.