I just carry a message. I only care about how it is recieved insofar as it helps me articulate the message more clearly.

if your wants are ordered properly

you going to Army Navy this year?

https://youtu.be/B577RqDnDSk

Aristole had the same complaints. It’s just human nature

Some thoughts: I think BTC treasury companies are an excellent example for why it’s important to think deeply on principles and understand the ethical distinctions with high fidelity in order to avoid financial catastrophe. Every choice comes at the cost of another, and i think anchoring our thoughts to opportunity cost are helpful. Is there anything wrong with a company having BTC on its balance sheet? No, of course not. Ultimately, the world on a bitcoin standard has every person, company, entity and government denominating all in bitcoin. Is there anything wrong with a company offering various financial products to customers? No, not inherently. Provided disclosures are legit and there is no fraud or deceit. Offer whatever products you can to the market. So we know there is nothing wrong with a company holding bitcoin and there is nothing wrong with offering the market a product. Where then, is the ethical line that we get into trouble with when crossed? I think we approach this line when we start talking about investing in companies. You aren’t buying bitcoin. You aren’t buying a product. You are buying a speculative value proposition. Regardless of the company, investing is risky. As a bitcoiner, i understand saving in bitcoin is not risky. Unfortunately, I think many of these pure play BTC treasury companies have been articulating their value proposition as if investing in their company is the same as saving in bitcoin.. except better. And that is not true. I don’t exactly how in this inevitably messy transition from fiat to bitcoin, if there is backwash or not from leveraging one system to against another. Who is trojan horsing who? 🤷‍♂️ Both. I fully accept that there is a tug of war taking place. For the best I can articulate this dynamic: I would say the 0 to 1 play Saylor did with MSTR did a great deal of good for adoption and helped the bitcoin cause. I would also say there is a line somewhere between 1 and many that the play works against bitcoin. It’s definately not a universal good. I respect Saylor because I’ve heard him say most people should just buy bitcoin, and if they have specific needs for his products, buy his products, and if they value him and trust him, invest in his company. I don’t respect the treasury companies that aren’t as clear.

Whatever you are doing, if you cannot pour yourself into it, it’s probably not worth doing.

I got 99 problems, and if we just print more money they will all be solved!

Investment is taking on risk of potential loss for potential gain. Saving is putting aside for future use, the preservation of value, purchasing power. These are not the same. If you save fiat dollars, the debasement of the dollar extracts the value out, which doesn’t preserve the value your created. Investing on to keep up with debasement is not savings. Is that still confusing?

If you’re in need of some fresh bitcoin content to consume. I would bet sats a recent speech I gave at our local meetup will deliver. https://youtu.be/B577RqDnDSk

Thinking you have to “invest” in order to preserve the real value you create in the world might be one of the most insidious lies of fiat. What are some other top lies? #asknostr #bitcoin #nostr

I think you will find my speech interesting. 40 min crash course through my book “Modern Chains” making the ethical case. https://youtu.be/B577RqDnDSk

Laying out the philosophy in layman’s terms to show that the function of slavery, which was fulfilled by physical domination is now fulfilled by monetary manipulation. Murder is murder whether I shoot or stab. Both are equally intolerable. Same holds for slavery.

both equally invalid and morally unjustifiable, but important to emphasize zero reserves because it’s more absurd and has a higher chance of waking normal people up.

Buckle up. It’s probably most things you already know, said in a way you haven’t heard. Examining the roots of the monetary system we see everyday of our lives. I hope you get out of it half of what I put into it. Thanks for the kind words 🙏 Knowing it resonates means everything to me

The money is not broken; it is working as designed. It is tempting to look at a chart of soup prices holding steady for seventy years, then exploding after 1971, and think, “Ah, money was working, then it broke.” But that framing misses the essence. When Nixon severed the dollar’s tether to gold, he removed central banking’s last constraint: reality itself. As a store of value, fiat did not spring a leak; an extractive siphon was built into every dollar by design. If the problem were merely a leak, if the money were simply broken, then we could fix it by tightening policy. But the seeming “leak” is the design; the extraction is mechanical. Fiat money must expand to survive because it is lent into existence at interest. If the supply ever stopped growing, the system would implode: every debt chasing the same fixed pool of dollars. That is why is exactly right: “Nothing stops this train.” Monetary expansion is not a policy error; it is a mathematical necessity of debt-based money. So when soup prices soar after 1971, it is not because something broke; it is because the mask came off. For decades before that, central banks had been quietly issuing more paper claims to gold than gold existed. When foreign nations called the bluff, the United States simply stopped pretending. We were playing a gold-backed paper game with the world, and when the truth was about to surface, we flipped the table and said, “What are you going to do about it?” Tragically, the world, to include the American people, answered, “Nothing.” Gold’s physicality gives it a natural centralizing gravity, and centralization requires trust. To store and exchange value at scale, we had to trust that the bankers’ gold-backed IOUs were fully redeemable for real gold in the vaults. To think fallible men could perfectly resist the temptation to paper over short-term economic pain is laughable. 1971 proved, beyond question, that claims on gold exceeded the gold itself. Otherwise, there would have been no need to flip the table. Fiat merely formalized the fraud that was already underway, and necessitated constant debasement. Since that day, productivity and wages have parted ways because the creation of money was no longer tied to the creation of value. This is what 's chart shows: Working hard, producing more value in the world, was no longer a viable strategy for accumulating wealth. Under fiat, the best strategy is to print the money, or fight for proximity to those who do. This is where is wrong; the money is not broken. It is doing the only thing it was built to do: expand endlessly, extract silently, and transfer the fruits of human work to those nearest the source of issuance. We all want relief from the pain of debasement, but “repairing” fiat is impossible. The only way to solve debasement is to solve the problem of trusting fallible men. That is what Satoshi solved for, in his own words. That is why Bitcoin matters. In summary: The dollar did not “break” in 1971; fiat revealed central banking. Fiat is not leaking value; its design necessitates debasement. Money lent into existence at interest must either expand or collapse. Gold hid the fraud behind trust; fiat ended the pretense and made it explicit. The monetary system is not broken; it functions exactly as designed. It works too well, and that is the moral problem.

Genus and species? Like “animal” and “human”?

thanks for the kind words 🙏 Thankfully so many came before me to help pave the way. I’m have to do my part to offer what I can to this fight.

Great conversation with Was an honor. So grateful so many amazing bitcoiners like Daniel came before me to make the learning process smooth and effecient. https://fountain.fm/episode/GbE7Us559aG9FBNLAQFM https://podcasts.apple.com/us/podcast/once-bitten-a-bitcoin-podcast/id1497540130

I run to escape 🤣

Words fail to capture the weight of that moment when you realize every event in your life has converged to prepare you for one singular, concrete task. As advocates, get on mission. #LFG