kylefisk
Kyle Fisk

https://twitter.com/kyle_fisk_

#Bitcoin Ninja 🟠🥷

Public Key

npub1atxrzkj2vlu8h4gsfkvljtj46eflqs35q6f8jnmy7hmjv50qyl9qu06z2f

NIP-57 Address

dawnflower539@getalby.com

Profile Code

nprofile1qqsw4np3tf9x07rm65gymx0e9e2av5lsgg6qdynefaj0taex28sz0jsl3mztu

Author Public Key

npub1atxrzkj2vlu8h4gsfkvljtj46eflqs35q6f8jnmy7hmjv50qyl9qu06z2f

Show more details

Last Notes

2024-10-27 16:40:17

#Bitcoin is the Everything App.

2024-09-14 17:41:25

Money and free markets play a crucial role in guiding the efficient use of natural resources to meet human demand. In a market economy, prices are a form of information—signaling the scarcity, demand, and value of resources. When resources are abundant and easy to access, prices tend to be lower, encouraging their use. When resources become scarce or harder to obtain, prices rise, signaling to businesses and consumers to either find alternatives or use the resource more efficiently.
This pricing mechanism creates an automatic feedback loop. If a particular resource, like oil or water, becomes scarcer, higher prices incentivize businesses to innovate and develop more efficient technologies, such as fuel-efficient cars or water-saving irrigation systems. The rising cost also encourages consumers to reduce waste, recycle, or switch to more sustainable options. In this way, money and market prices guide people toward better allocation of resources without the need for central planning or government intervention.
Free markets also encourage competition, which drives innovation. Companies that can produce goods more efficiently or with fewer resources gain a competitive edge, motivating them to find ways to use natural resources more wisely. In this dynamic, businesses constantly search for ways to cut costs by improving technology, finding substitutes for scarce materials, or increasing the efficiency of resource extraction and processing.
Additionally, the ability to profit from resource management drives exploration and investment. Entrepreneurs and companies look for new sources of energy, invent more efficient production techniques, and invest in recycling technologies. This not only helps satisfy current demand but also helps ensure future generations can access resources without exhausting them.
In essence, money and free markets provide the signals and incentives that allow society to balance resource supply with human demand efficiently. They spur innovation, encourage conservation, and promote the development of new technologies to make the most of Earth's finite resources.
#Bitcoin

2024-09-09 16:15:19

- reply

Wym?

2024-09-09 13:36:30

Everything you perceive, including the physical world and objective reality, exists within your consciousness. Your brain processes sensory information and creates an internal representation of reality, which means your experience of the world is filtered through your mind. As a result, even though we may agree on objective facts, each person’s experience of reality is subjective because it is shaped by their unique perceptions, thoughts, and interpretations. This idea suggests that reality, as you experience it, is always mediated by your consciousness, making it inherently personal and subjective.

2024-09-09 13:29:47

https://youtu.be/3PIQj7Fxk30?si=AoHtWJmpDyxWZAFa

2024-09-06 14:47:06

Bitcoin is more than just digital money—it's a decentralized, borderless financial system powered by blockchain. With a capped supply of 21 million coins, it's designed to resist inflation and empower individuals to control their wealth. As adoption grows globally, BTC is transforming how we think about finance. 🌍💡 #Bitcoin #Decentralization #BTC #NOSTR #LightningNetwork

2024-09-06 02:16:22

A thought experiment to try to understand the fundamentals of social networks…
Every social network is a voting machine.
Refined down to these basic principles:
⁃ votes are exchanged between people in a network
⁃ People make actions
⁃ People judge actions
⁃ Actions are judged good or bad
⁃ People give votes to eachother
⁃ People get votes for good actions
⁃ People get no votes for bad actions
⁃ People with more votes viewed as more good
More votes trend towards rewarding people who make more good actions
Positive sum networks uses votes to direct actions towards a net positive fulfillment of total human needs.
Zero sum networks use votes to direct actions towards a net negative fulfillment of total human needs.
The more votes you earn, the more you are viewed as good by the network ie you have more social influence in the network
Votes = Power
Some conclusions from this... economics is just one big voting machine and the votes are just symbolic to what actually matters and that's taking actions towards increasing subjective good that is determined by humans in the network. The subjective good imo is increasing available resources for human survival
And I think you can replace votes with money or with shells or with whatever symbol you want to showcase good action
Caveat: for a network to maintain “truth” you want a voting machine where votes can’t be created by central actors to dilute other people's voting power in the network. Also, if you make giving out votes more limited, then it makes people more critical in judgement to give out votes for good behavior.
Because votes are centrally issued in our fiat system, this creates an imbalance in the system where the central issuers can have more judgement power on what’s good or bad at the expense of other people in the network losing judgement power. Value is distorted. The people that don’t provide value to the central issuer don’t get as many votes as they would in a network where the judgement power is fairly distributed. Ie the working class don’t have as much access to vote with their actions.
Basically what’s happening with fiat is that the elites close to the money printer are taking most of the resources and leaving the rest of us to compete over a smaller portion. The elite lever up by either getting printed money directly or indirectly through financial assets.
Proof of work is when you get votes for using energy to provide security of maintaining the rules of the network.

2024-09-02 16:50:15

🟠 The Dawn of the Autonomous Society
In the year 2145, the world had undergone a profound transformation. The society that had once been dominated by human toil and economic uncertainty now thrived in a new era of abundance and leisure. At the heart of this transformation were two critical developments: the rise of Bitcoin as the world’s only currency and the advent of autonomous AI robots that had reshaped the very fabric of the economy.
🟠 Bitcoin: The Foundation of a New Economy
Over a century ago, Bitcoin had emerged as a decentralized digital currency with a fixed supply of 21 million coins. At first, it was merely a curiosity, a speculative asset that attracted the attention of technologists and visionaries. However, as governments around the world continued to print fiat money to prop up their economies, the value of Bitcoin grew exponentially. People began to see it as a stable store of value, immune to the whims of central banks and inflationary policies.
As the years passed, Bitcoin became more than just an asset; it became the global reserve currency. Every transaction, from the smallest purchase to the largest investment, was conducted in Bitcoin. The fixed supply of Bitcoin ensured that its value steadily increased over time, rewarding savers and encouraging prudent financial behavior. Governments had long since abandoned their currencies, and the world had united under a single, incorruptible monetary standard.
🟠 The Rise of Autonomous AI Robots
The second great transformation came with the development of autonomous AI robots. These robots, equipped with advanced artificial intelligence, machine learning, and quantum computing capabilities, were designed to perform any task more efficiently and effectively than any human could. From manufacturing to healthcare, agriculture to transportation, these robots took over every industry.
The productivity gains were staggering. Factories operated 24/7 without human intervention, producing goods at a fraction of the previous cost. Autonomous vehicles and drones delivered products directly to people’s homes, eliminating the need for human labor in logistics. AI-driven healthcare systems diagnosed and treated illnesses with unparalleled accuracy, extending human lifespans and improving quality of life. Farms, managed entirely by AI, produced abundant food with minimal environmental impact.
As these robots became more integrated into society, the cost of goods and services plummeted. What once required a significant portion of a person’s income to acquire now cost mere fractions of a Bitcoin. Basic needs—food, shelter, healthcare, and education—became universally accessible at little to no cost.
🟠 Deflation and Financial Freedom
In this new world, deflation was not a cause for concern but a natural consequence of technological advancement. As the productivity of AI robots increased, the supply of goods and services outpaced demand, driving prices ever lower. People found that their wealth, measured in Bitcoin, increased in purchasing power year after year. The concept of working for a living became obsolete as the need to earn money to afford basic necessities vanished.
With no need to work, humanity entered a new era of freedom. People pursued their passions, whether in the arts, sciences, or exploring the cosmos. Education became a lifelong endeavor, as individuals sought knowledge for its own sake rather than as a means to secure employment. Communities thrived as people spent more time with family and friends, engaged in creative pursuits, and contributed to society in ways that were meaningful to them.
🟠 The New Social Contract
This new society operated under a simple but profound social contract: every individual had access to the resources they needed to live a fulfilling life. There was no poverty, no hunger, and no lack of opportunity. The wealth generated by AI-driven productivity was distributed equitably through decentralized systems governed by smart contracts on the Bitcoin blockchain. These contracts ensured that every person received a basic income in Bitcoin, sufficient to cover all their needs and more.
With financial freedom guaranteed, people were free to explore their potential. Many chose to work on projects that advanced human knowledge or improved the world in some way, while others devoted themselves to art, philosophy, or simply enjoying life. The economy, no longer driven by scarcity, was now fueled by creativity and innovation.
🟠 The Legacy of the Autonomous Society
As decades passed, the Autonomous Society became a beacon of hope for other civilizations. Visitors from distant planets marveled at a world where machines served humans, not as masters but as partners in creating a better future. The fixed supply of Bitcoin, coupled with the exponential productivity of AI robots, had created a society of abundance where every person was free to pursue their dreams.
In this world, the question was no longer, "How do we survive?" but "How do we thrive?" And in answering that question, humanity discovered the true meaning of freedom and prosperity. The Autonomous Society had not only redefined the economy but had also redefined what it meant to be human.
#Bitcoin #AI #Robotics #NOSTR

2024-06-02 21:42:33

UBI can be funded through increased purchasing power from deflation through productivity gains. Save in Bitcoin. Use yearly productivity gains to give your citizens UBI.

2024-02-05 14:09:26

wen mewn?

2024-02-05 14:05:15

- reply

UBI in Bitcoin is essentially the number go up productivity gains you get from hodling long term

2024-02-01 20:42:18

How Government should transition society as we go into the age of automation:
- Save in #Bitcoin and use productivity gains of automation to fund UBI
- Tax big tech automation to fund UBI
- Get humanity on a #Bitcoin Standard using it as a store of value, medium of exchange, and unit of account

2023-12-18 16:27:28

You need money created by energy because then any money you get paid for is an indication that the value you provided is worth the energy that was used to get the money created. This reinforces sustainability between value creation in society to energy production.
#Bitcoin

2023-12-14 17:13:56

Withhold judgement and focus on understanding how things work.

2023-12-14 14:45:18

Bask in the suffering of life towards the pursuit of greatness.

2023-12-13 05:06:47

In the AI transition, deflation will increase the purchasing power of your savings in #Bitcoin as robots displace the human working class to increase global productivity.

2023-11-06 18:27:30

Nostr Gold @npub1arc…ggtw

2023-10-31 21:52:07

To win the entrepreneurial game, you leverage tech innovation. To win the investing game, you save in scarce assets.

2023-10-29 14:21:41

Free market is causing tech innovation
Tech innovation is causing increased productivity
Increased productivity is causing deflation
Deflation is causing debt defaults
Debt defaults are causing fiat bail outs
Fiat bail outs are causing money printing
Money printing is causing inflation
Inflation is causing scarce asset prices to go up
HODL #Bitcoin

2023-10-28 22:12:37

Fiat is causing tech innovation
Tech innovation is causing deflation
Deflation is causing debt defaults
Debt defaults are causing bail outs
Bail outs are causing money printing
Money printing is causing inflation
Inflation is causing prices to go up
#Bitcoin

2023-10-22 18:28:06

“All human action inescapably occurs within the bounds of time. As the universally shared element of experience, time is the grand paradox of nature; it heals all wounds, yet ultimately ravages all things.
Each of us feels a current of time that is totally impersonal; in a ruthlessly egalitarian manner, time flows equally for rich and poor, sick and healthy, young and old alike. The temporal flows we experience cannot be reproduced, reversed, or stopped.
At an intrapersonal level, our allotment of time is as scarce as our lifespan is limited.
Interpersonally, time scarcity manifests as the total time we can collectively allocate towards serving one another; whether we are making goods, providing services, or gaining knowledge — we have but a finite quantity of hours to commit towards our efforts.
In this sense, time scarcity is the immortal tyrant subjugating all of us mortals. Only through cooperative action can we break free of the restraints time scarcity clasps upon us.”
- Robert Breedlove

2023-10-20 01:32:30

- reply

Thank you for sharing.

2023-10-19 13:51:15

BUSINESS IDEA! LETS MAKE IT HAPPEN!
Creators get paid to create content.
Businesses get marketing to sell their products.
Platform gets commission for every sale.
Use #Bitcoin, #Lightning and #NOSTR
- Create a protocol to post content and products
- Creators can connect their content to sell business products by creating a link
- If the link is clicked on and the sale is made, then the creator and business get x split of bitcoin paid by consumer
- The platform creating the link gets a cut of bitcoin paid by consumer
- Or to provide more value creation, don’t charge a commission and open source the protocol
A combination of social media with an online marketplace
Simply put:
- content creators create channels to funnel attention
- Content creators get rent for allowing businesses to sell products
Essentially it’s a decentralized YouTube where content creators open up channels and then rent seek from businesses that leverage their attention to try to sell products.
To get ppl off big tech, we need to build a ~10x more engaging and cost efficient platform to get consumer attention.

2023-10-19 13:51:13

2023-10-19 13:51:12

2023-10-17 17:19:43

Building technology requires a lot of energy (capital, loans, labor) and the tech that outlasts is the one that increases the standard of living of humanity (makes cost of living go down, increases energy efficiency, and increases purchasing power through deflation).

2023-10-12 17:56:38

#Bitcoin monetizes the act of individuals doing nothing while collectively it’s increasing productivity towards energy efficiency.
This is enlightened capitalism.

2023-10-12 16:53:34

It feels good to use x political agenda to fight for the cause against inflation but really it’s just some dude in the back increasing the amount of zeros on the ledger lol

2023-10-12 15:33:29

Hello World,
The wealth gap is increasing because your money is getting diluted by money printing while your wage isn’t offsetting the inflation rate. Meanwhile, the wealthy side step inflation by owning assets. Maintain your purchasing power by saving in hard assets.
Sincerely,
#Bitcoin

2023-10-12 03:41:25

Your #NOSTR profile is a digital asset.
Your NOSTR profile is creating network effects.
Lightning network #Zaps are a way to overlay on top of NOSTR so that it brings more network effects to #Bitcoin.

2023-10-12 03:27:04

Think of #Bitcoin as the most efficient business model for a sound money network.

2023-10-11 03:37:59

By serving yourself, you develop skills that can be shared to help others in serving themselves.

2023-10-09 17:23:25

- reply

Vote with sound money.

2023-10-09 17:22:59

Liking content is social democracy. Zapping content is free market capitalism.

2023-10-09 14:38:28

The “economic crash” is when the dollar increases in purchasing power relative to assets. But the real crash is when asset prices go too low, cause market insolvency, and then the government does bail outs with dollar debasement/printing to make asset prices go back up.

2023-10-03 08:25:49

#Bitcoin is economic enlightenment.

2023-09-29 03:19:58

Make enough money so that you’re not dependent on your job for the rest of your life.

2023-09-29 03:19:12

Accurately teach people how stuff works and then let them decide if it’s valuable.

2023-09-28 19:31:19

It’s binary. You either achieve your dreams or you don’t. The risk is in not trying.

2023-09-08 15:59:12

#Bitcoin is neutral
QE is inflationary
QT is deflationary

2023-09-08 03:36:58

If you want freedom, you better free someone.

2023-09-05 17:59:44

We need money connected to the real world constraints of energy production ie proof of work

2023-09-05 14:42:54

Just say the truth. You can’t please everyone. The truth hurts some while benefitting others.

2023-05-11 14:17:36

The modern dilemma... The world wants us to figure out how we can make money doing what we love to do. Failing to realize that if the money wasn’t broken and we had more financial freedom, then this would allow us to do what we want without worrying about making money from it.

2023-05-11 14:16:50

Avg Market Cycle Price: 1 #Bitcoin =
$16k - 2022 (ATL)
$320k - 2025 (ATH)
$80k - 2026 (ATL)
$1.6 mil - 2029 (ATH)
$400k - 2030 (ATL)
$8 mil - 2033 (ATH)
$2 mil - 2034 (ATL)
$40 mil - 2037 (ATH)
$10 mil - 2038 (ATL)
$200 mil - 2041 (ATH)
$50 mil - 2042 (ATL)
$1 bil - 2045 (ATH)

2023-05-11 14:16:25

#GrowNostr

2023-05-02 15:41:49

Life is subjective. You are free to determine what is of meaning and value, regardless of what other people say.

2023-05-02 15:41:18

Humans are on a never ending journey to get more:
1. Energy
2. Information Storage
3. Computing Speed

2023-05-02 15:41:00

Money is a tool to direct human’s values.

2023-05-02 15:40:35

- Bitcoin
- Renewable Energy
- Quantum Computers
- Robotics
- Artificial Intelligence
- Meditation

2023-05-02 15:39:26

Two major long term trends:
- Fiat currency debasement
- Technological productivity deflation
Riding both trends with #Bitcoin

2023-03-02 13:53:56

The #Bitcoin miners that win in the long term are the one’s that innovate energy infrastructure to be increasingly more cost efficient.
Fortunately, renewable energy happens to be the most cost efficient.

2023-03-02 13:49:41

Abundance in money creates scarcity.
Scarcity in money creates abundance.
#Bitcoin

2023-03-02 13:48:07

Researching #Nostr… given that data gets stored on relays and then the client is the front end that connects the relays. I’m thinking that the centralized social medias like Twitter, Instagram, YouTube will need to become relays and connect to the front end client. Thoughts?

2023-02-26 20:45:56

Satoshi to USD General Trend
2013: 100,000 sats = $1
2017: 10,000 sats = $1
2021: 1000 sats = $1
If in 2025: 100 sats = $1
Then Bitcoin = $1 million
2029: 10 sats = $1
Bitcoin = $10 million
2033: 1 sat = $1
Bitcoin = $100 million
#Bitcoin