Every human action is a response to an incentive (or a matrix of incentives). If you can't explain another human's actions, that just means you're missing the incentive that they are attuned to. Dismissive pejoratives like "evil," "lazy" and "stupid" are cop-outs from understanding other ppl's incentives. There are certainly evil, lazy, and stupid people in this world. But even they are responding to incentives.

They think they can defy gravity. It is definitely going to hurt.

Make no mistake. Freedom of speech is on the menu. Both arms of the political apparatus are actively DEVOURING what remains of free speech. Charlie Kirk's assassination was an assault on free speech. Kimmel's cancelation (irrespective of the quality of his show) is a reflexive assault on free speech. Lather. Rinse. Repeat. The noose slowly tightens.

Pretty awkward metric. 220lbs is a small polar bear. Might want a bigger wagon.

Could use some help with a game theory question I haven't seen discussed in #bitcoin posts/podcasts. It has to do with what I refer to as fiat sats - fake bitcoin held on fiat rails (think ETFs, treasury company equities, etc.). Looking long term, I see bitcoin dismantling fiat. Inevitably. But in the near/mid term, I can easily imagine bitcoin being viewed as a threat and coming under assault by a dying fiat system. In that timeline, we have to survive 6102 attacks; Operations: Chokepoint N.0; attacks on self custody, etc... In such a scenario, does it make sense to have some fiat sats as insulation? If for no other reason, holding fiat sats diverts attention from one's real stack and allows obscuring those coins from a hostile tradfi regime. This gives individuals the breathing room to wait out a dying fiat system without potentially doxing their UTXOs. Face it, BTC circular economies are promising, but interacting with the Leviathan is unavoidable if one is to buy a house, pay for medical bills, or pay tuition. This approach seems to me an effective way to be antifragile. This also explains why some OGs have been selling massive amounts of bitcoin. If you are going to be a multibillionaire regardless, doesn't it make sense - much as it pains me to say this - to sell half your stack? In so doing, a massive holder essentially locks in extraordinary wealth in both the fiat world AND the BTC world and plays both sides of the war to come. This assures that regardless of what timeline plays out over the next decade or two, you and your family are set. I know the goal is to never have to sell your bitcoin, but I do see this as a scenario that rarely gets fully gamed out. I'd imagine maybe 10% of a person's sats being kept in the sanctioned sandboxes of brokerage accounts, 401Ks, or whatever else, with the remainder essentially airgapped from prying fiat eyes in deep cold storage. Another way of putting it is keeping some fraction of your hard earned value in Ceasar's currency, while the family jewels are buried out back. Thoughts? #asknostr

This is the difference between 'tribe' and 'state.' What's good for the tribe is very often also good for it's members. Conversely, very often that which benefits the state only harms the individual. State level adoption of bitcoin is good for America. Americans have been fooled into thinking they ARE America... (Spoiler: they are not)

Imagine you work for a powerful person, prone to violence. You are charged with managing your employer's finances. Now, imagine you have been quietly, imperceptibly, stealing from this employer for years. Eventually you become careless and increasingly bold in your theft. You now take stock and realize you have overplayed your hand. Your deception can no longer be concealed or embellished away. Knowing your discovery is inevitable, you are faced with two choices: make strategic plans to preemptively eliminate your dangerous boss before he kills you, or get your affairs in order. Choose force or suffer force. This is the dilemma faced by our present day parasitic hegemons (central bankers, bureaucrats, political class). Historical precedent dictates that theft of the magnitude they have committed only ends one way: violent revolution. They are no fools. Hence their sloppy and ham-handed fumbling for the levers of power. The masks are off. There is no longer time for tact or artful deceit. They are desperate. They have to secure the bag and bar the gate. Everything happening is a manifestation of this fear. Stay vigilant, anon.

What the fuck.

Is Trump really dead?