*By fixing a terminal supply and grounding every transformation in measurable work, [Bitcoin] gives the universe’s implicit law of conservation explicit form. It shows that value and structure depend on bounded systems where every bit of order must be paid for with energy* View quoted note →
*freedom matters more than convenience sovereignty beats virality owning your voice is worth the friction of learning new tools* View quoted note →
*human beings are meant to communicate freely, trade freely, think freely and without permission from platforms that see you as inventory* View quoted note →
*btc really is technically sound, decentralized, capable -- but the fact that it's possible seems to be enough, nobody has to be actually doing any transacting. The threat of transaction is sufficient for finance bros to ape in and for Saylor's rousing speeches to have their intended effect. It's worth asking how long this can go on for without the whole thing collapsing. I think about that all the time.*
*Social media is 99% noise and nonsense... and trivially easy to sybil-attack or misrepresent. Bots are created in-mass... and there's no real solution to this unless people pay ie pay-2-post. Which is funny because 'people' argue over the nuance of op_return... but will they really pay to outbid the spammers or keep them from spamming? No... which I think is more telling.* I look at pay-2-post on Stacker News the exact same way I look at hash-cash and Bitcoin mining itself. Pay-to-use, pay-to-store and pay-to-interact... some kind of economic, uncheatable consequence for action.
*The strategy is old: create the crisis, offer the cure, and hide the business inside the cure* View quoted note →
*Don’t lock yourself in your own cage and then blame the world for it* View quoted note →
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*dispensationalist heresy… has turned faith into foreign policy and worship into warfare* View quoted note →