Wifey... "how do we know our btc storage is safe?"
Me, "what is truly safe?" NOTHING IS!
Reminder of Willie Suttons Law:
Sutton, when asked why he robbed banks, reportedly replied, "Thatβs where they keep the money," a sentiment Nash adapted to mean "Wherever wealth is accumulated, someone will try to steal it."
Michael S Wildcard β¨ πΆβπ«οΈπ½β‘10h
JFC! IT'S ONE THING AFTER ANOTHER!
https://x.com/i/status/2087885428313543059
I just want to π« & π everyone who zapped this post. I'm so thrilled to be here ππ€πΌπ€πΌ
Michael S Wildcard β¨ πΆβπ«οΈπ½β‘6d
Adam Smithβs most famous sentence remains one of the clearest statements in all of social science:
βIt is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest.β
The point is simple and profound. We do not rely on the kindness of strangers to put food on the table. We rely on their self-interest. The butcher supplies meat because he profits by doing so. The baker rises early because customers will pay for bread. Their desire to improve their own condition leads them, without any central direction, to serve ours.
This is the central mechanism of a market economy. Self-interest, channelled through voluntary exchange, produces cooperation on a vast scale. No one has to love their customers or share their political views. They only have to respond to incentives. The result is a system that regularly feeds, clothes, and houses millions of people who will never meet.
Many on the left still struggle to accept this. Self-interest is treated as morally suspect - a form of greed that should be restrained or replaced by appeals to solidarity and collective purpose. The preference is for systems that rely on moral exhortation or state direction rather than on the everyday pursuit of personal advantage. Yet the historical record is clear: societies that suppress self-interest in the name of higher motives tend to produce shortages, stagnation, and coercion. Societies that allow people to benefit from serving others tend to produce abundance.
Smithβs insight is not a celebration of selfishness. It is a recognition of reality. People are more reliable when they can improve their own lives by improving the lives of others. That simple alignment of interests remains the most powerful engine of social cooperation ever discovered.
Welcome to Michael S Wildcard β¨ πΆβπ«οΈπ½β‘ spacestr profile!
About Me
Location: Middle Tennessee, USA
Homesteader, entrepreneur and all around goofball
Talks about: Guns, knives, pipes/tobacco, livestock, Liberty, Freedom, Free markets, Austrian Economics, AMSOIL, Infinite Banking, Bitcoin, Shitcoin, Lightning payments, building meaningful social relationships, business, entrepreneurship, homesteading, permaculture, agriculture, generational wealth, personal finance...
Member of npub1qktts9naunvjdwsktq5xjdhwh539xt4x0mqj4yxq0q9dvm03ljvs6sms0r get on the mission
#GrowNostr #AMSOIL #AMSOILLubeDirect #LubeDirect #InfiniteBanking #FinancialTailwind #plebsrustica #ChestnutRidgeTN #middleTN #Tennessee β‘β‘ zapper
Nostring since 4/20/23