I talked to @gladstein about his book, Hidden Repression. Find out how the IMF uses debt, or money created out of nothing, to enslave other countries and how everything in the debtor countries is restructured so that they continue in their dependency. Bitcoin Fixes This #112 https://rumble.com/v3tataj-bitcoin-fixes-this-112-hidden-repression-with-alex-gladstein.html

The lower your time preference, the deeper level of civilization you care for. If you're really high time preference, you'll only care about yourself. Lower your time preference slightly, and you'll start caring about your family. Lower it a bit more, your community. Lower it further, your country/jurisdiction. Lower it even more and you start caring about the world. And this is real caring as in building stuff, not the fake kind which is just a bunch of cheap words.

If you find yourself complying, you are not courageous enough.

Bitcoin: A Misunderstood Revolution ------------------ Most people do not appreciate the computer science breakthrough that Bitcoin was. Before Bitcoin, we did not think decentralized digital scarcity was possible. Everything that has come before, and pretty much everything that has come since was either physical, centralized or not scarce. Bitcoin brought all three together and even exceeded the scarcity of what came before. It was, to be sure, not just a computer science breakthrough, but a monetary breakthrough. Yet, even after 15 years, most people don't get the significance of this new thing that was created. But as Bitcoin enters adulthood, it'll get much more respect, because it'll have proven its properties over time. And it's that true adoption, by people that understand its use as unconfiscatable savings that will transform not just the holders, but civilization itself. Brace yourselves, because the real show is about to begin.

Fiat Ruins Everything is finally available in eBook format! (Audiobook is coming soon!) https://amzn.to/3tLJM56

For free subscribers: Supplements, Talent Gatekeepers, Downfall of Michael Lewis, Shortcomings of Gold and more! For paid subscribers: Logic behind ECC params, LN subscriptions, Replacement Cycling analysis, the coming zombie economy and more! #Bitcoin Tech Talk #368

Bitcoin Tech Talk #368

Interesting Stuff

Lack of Hope Leaves People Vulnerable to Scams ———————————— Low time preference behavior is a sign of prudence and faith, serving as an investment in an uncertain future. Such an investment necessitates a degree of trust that future rewards will materialize. However, many people, influenced by past betrayals and hardships, are skeptical about the future. This skepticism manifests as high time preference behavior, a focus on immediate gratification that often comes at the expense of long-term planning. Hope is an essential ingredient in our ability to envision and invest in a better future. It's the cornerstone for building meaningful relationships, sustainable businesses, and vibrant communities. This kind of genuine hope can't be manufactured; it must be nurtured through trustworthy actions and the fulfillment of promises. Interestingly, even those who scam must initially fulfill some promises to establish an illusion of hope. This facade is particularly alluring to individuals with high time preferences, who are desperate for something, anything, to believe in. These people are more susceptible to scams because living a life devoid of hope is, for them, insufferable. The foundations for a promising future are hope and trust. These qualities are nurtured or eroded through our experiences and social interactions, shaping our expectations for what lies ahead. Unfortunately, the fiat monetary system undermines these foundations by eroding trust and destroying hope. It is through the adoption of sound money that we can begin to rebuild these essential human virtues. In summary, as long as people are devoid of hope, they will remain vulnerable to scams and deceptions.

In this clip @PrestonPysh explains how fiat money eventually leads to debasement and how violence enters the picture.

Doctors are good at preventing death in the immediate short term. Many of them pump reasonably healthy people with unnecessary drugs and are really rent-seeking off of peoples' health. They're not the experts you think they are when it comes to long term effects of almost anything.

I talked to @MeatMafiaBrett and @MeatMafiaHarry about food in this episode of Bitcoin Fixes This. We talked about getting out of the fiat mindset in food.