Very strong ETF inflows yesterday. Could it be that there are a lot of leveraged bets still and they are still unwinding? Regardless what this says to me is that institutional big players know what Bitcoin is and are taking a position. This is not trivial. image #bitcoin
It's pretty wild to think about what's happening currently. I mean the connection between Bitcoin, Lightning Network, Cashu and AI, Nostr, etc, basically open a world of functionality most people have no idea how important it is. It seems pretty niche mostly because people are looking at/for vertical (fiat) scaling and not seeing the sovereign and decentralization vertical aspect. This is basically tech that will make individuals more free, with more opportunities to collaborate, connect, work, etc, with the ability to live and trade anywhere. It's just that people's attention is solely focusing on the fiat pyramid and nothing else. #bitcoin #ai #nostr #politics #society
Silver down 30%, gold down 10%. Wild times. #bitcoin #economy
I always thought Chomsky was just another statist, socialist, etc. I was wrong. I haven't dug deep but he seems to be just your general left libertarian (left voluntaryist). Lately I've been getting into this philosophy. A left libertarian I would say is someone that believes in more ways to define capital, not just from the old powers but something that could be created by the people today. In other words, they seem to be more open to rebuilding power structures, and thus are more open to creating something out of nothing, for poor people, etc. More innovative, creative, etc. Left libertarian = they are okay with old capital (private property, Bitcoin, etc) AND are open to new forms of capital (why don't we use new forms of money like co-created money (G1 currency), create new voluntaryist relations in this cooperative, structure, place, land, etc) They are voluntaryists, so they don't want to take anything by force. Otherwise they wouldn't be voluntaryists. This is fundamental. People often think that left libertarians want to take property. This is not correct. They want to persuade people with new models. If they wanted to use the state to take property they would be socialists, statists, not libertarians/voluntaryists. They want to create better alternatives, not take power from people. This is good. It's pretty interesting stuff. Here's for example Chomsky talking about the problems with statism, socialism, communism and capitalism. Firing at all of them with perfect aim: What do you think? #philosophy #politics