freddms
Fred Johnston

Dad of 5. Retired EE Electric Utility Industry. TSLA. Solar. Covid 1984. Arial Speakers. Mastercraft Wake Surfing. Lake of the Ozarks. ⚡Bitcoin

Public Key

npub1cpv8mtgfu0h6urkfxqm24gxhqevvayznacf4nm03wcuxne49pens98arth

NIP-05 Address

freddms@nostrplebs.com

NIP-57 Address

rustpuma3@primal.net

Profile Code

nprofile1qqsvqkra45y78mawpmynqd425rtsvkxwjpf7uy6eahchvwrfu6jsuecpzfmhxue69uhk7enxvd5xz6tw9ec82cspz3mhxue69uhhyetvv9ujuerpd46hxtnfdum0v000

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offchain.pub

relay.damus.io

Author Public Key

npub1cpv8mtgfu0h6urkfxqm24gxhqevvayznacf4nm03wcuxne49pens98arth

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Last Notes

2024-09-18 15:37:39

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Literally if you live in America, anybody can do this. You could work one night a weekend at a fancy restaurant and make well over $100 a week just in tips. No skills needed other than a smile and be super nice to become a multi hundred millionaire.

2024-09-06 01:07:53

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Have them read and understand the book Atlas Shrugged by Ayn Rand. We just had a conversation about this here on Noster in my timeline.

2024-09-05 15:31:57

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This is why one side wins a war and one loses.
It's inevitable. We can argue morality forever but the hate just grows until one side, basically, dies.
HISTORY is an excellent teacher (however cruel).

2024-08-30 20:38:55

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Ha! That's great! I use to make our kids run around the house when they started whining! And hey - if it was winter and they did not have shoes on - leave the shoes in the house! lol
They still remember this BUT see it as funny now (they did NOT think it was funny at the time)!

2024-08-30 20:02:02

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I raised my kids this way.
I started out with this one LONG before they could drive.
If you get rear ended, who's fault is it?
The right answer is: Mine.
(but it can take a year or more to have them internalize that answer - not just tell me what I wanted to hear)
All very independent, 4 engineers, 1 teacher turned property owner. Proud they are all killing it.
Once you assume responsibility for your life you are on the right track to enjoy your life immensely.
If you thought in your head that if someone rear ends you and it's THERE fault - start working on yourself. It's the wrong answer....

2024-08-30 12:07:56

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This is not easy for most people. When we say/do something others have a perception of what we are saying through THEIR experiences.
MOST times how we view what we say/do are NOT the same view/perception others have of EXACTLY statement or action!
So we have to try to understand how all these millions of other people are viewing OUR personal views/actions.
Ever explained something to someone and it seems like it went in one ear and out the other? We all have! It's frustrating!
Do you know that's YOU not being a good communicator - NOT THEM not getting you! OUCH.
Great post you made. Great point. Try to 'sense' how someone feels BEFORE you talk. Try to understand where they may be coming from - this all requires YEARS of practice.
I'm an engineer. I'm terrible at this! (laughing) Took me a lifetime to just understand it's NOT what you say, it's how you say it and how they hear it - all that matters. This requires your consciousness to grow a LOT and other than all out stupid (there I go again) you see FAR LESS fault in others. It's my fault if they don't understand!

2024-08-24 11:32:19

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You nailed it. But keep it simple. #Bitcoin is your energy/work STORED as energy/work by the system using math, so you can use your stored energy/work at ANY future time YOU want.
In Bitcoin terms - no one controls your efforts in life but YOU if you save/store/use Bitcoin.
It's so simple it's illusive. It's what humans have been trying to discover for thousands of years since the time of bartering for goods/services started.

2024-08-17 11:35:26

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A great goal is to live on what you make today BUT have ZERO debt. Determine how much Bitcoin you need today (or in X years) to generate that income at a 20% compounded interest rate (be conservative since Bitcoin has returned 30%/year).
After you reach that goal, WORK for X years to pay off ALL DEBT. Then you don't need a job.
Keep a small investment account on the side and LEARN how to invest it wisely in good companies (avoid the stock market trading - it's a fools game - gambling). And NEVER buy a lottery ticket or gamble (it's stealing your future wealth).
Boom - you have a plan.
Example: Need $100,000. That's $500K in Bitcoin. You have $200K in debt. So AFTER you have $500K in Bitcoin you work 2 more years to pay off that $200K in debt. Then you are financially independent if you live within your $100K residual income.
You can figure out how many years it takes to get to your $500K in Bitcoin based on current Bitcoin using the Power Law calculator.
https://bitcoincompounding.com/

2024-08-14 23:09:21

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Most transactions are through a bank. Because banks have to comply with KYC (Know Your Customer) they have access to all transactions with a search warrant for ALL accounts.
There are many stories of peoples accounts being frozen for 'suspicious' activity. I don't think this is the norm. BUT it can be done with the current system in place.
The IRS can take money from accounts, and garnish wages. BUT I think it's quite rare - maybe getting more so but still very rare.
The idea these systems are in place are beyond comprehension to me - why Bitcoin wins with me.

2024-08-14 13:39:34

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This kinda scares the shit out of me.
I always think, "How can someone subject themselves to living like this?"
And then I wake up and realize it's happening in USA too.

2024-08-14 01:43:57

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We had 5 kids. 4 are engineers (two ChemE's, Materials, and Electrical) and one a teacher for a year turned property owner (25 owns 3 houses).
All killing it.
When someone asks how we did it I say, "Never do ANYTHING for your kids they can do for themselves."
This includes giving them money when they could have a job. They WORKED for everything. NONE of them graduated from College with any debt - one had $50K in the bank when she graduated from college.
Required to read daily K-12, and did a LOT of homework we gave them outside of school (math and reading).
Were not allowed to have a car until they read "Atlas Shrugged" and gave me a rundown what they heard. And I needed to hear the right things or they would read it again.
If I had to name one thing. Raising your kids to make their OWN decisions. In a round about way we are saying the same things. The question is how do you teach discipline and consistency? The answer is never do for a child what they can do for themselves (which is much harder than it sounds). They will fail from time to time and you can't bail them out. It hurts.

2024-08-13 21:10:51

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Tim - are you in China?
The financial system is locked down in China. Curious to know if this is a way for Chinese to get their money out of China?
Thoughts?
I don't think they can stop it - but if you got caught.... ouch.

2024-08-10 11:48:57

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Totalitarianism creeps in slowly. Most don't see it happening until it's WAY too late.
GREAT book, "Psychology of Totalitarianism"
It basically goes through history, much in WW2, about how and why people followed. Some testimony from soldiers that took those orders, and some of their family background.
Deep dive into their mental state. The BIG fear here is not the oppressed, it's when you get enough people 'executing' orders without a second thought about what they are doing. Our society in the West have created education that teaches process, not thinking (thinking like question everything).
Once rulers have the military completely brainwashed, 7 soldiers can easily control 1,000's of passively educated, likely confused and unaware citizens (50%+ in the West). Good people don't believe (or don't want to believe) their outcome under the rule of bad people.
The rulers today in America have indicted/jailed over 30 of their political opponents and you still have people voting for the Elites that contains the prosecutors, judges, and elected officials responsible. Think about that very deeply. It shoudl scare the crap out of everyone.

2024-08-09 17:05:57

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Adding this. Also, left out the coming self custody - which could be a monster addition allowing world access to self custody of #Bitcoin (as we all know all 8 billion people can't self custody on chain). https://m.primal.net/Jtot.png

2024-08-08 14:20:45

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How?

2024-08-08 13:08:14

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So, because I 'choose' to live in a house, that's different?
I don't disagree with you - I think all taxes should be eliminated.
We should pay for what we use. Technology today would allow for this system. For example, all roads would be toll roads. We pay when we drive on them and USE them. That's fair. It's not a tax then, it's a user fee.
If we want to 'socialize' something, let the local community or church raise the money. All state and federal taxes eventually ruin the economy.
Local taxes can ruin the economy too, but you can move to the city down the highway which forces responsiblity.

2024-08-08 10:53:41

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Are you sure about that?
If you sit down and get OVER the politics of the day, you will find the FAR Left and FAR Right agree on more than what you think.
Take a controversial issue like guns.
BOTH want peace. They don't want people being shot. One believes taking guns stops gun violence, while another believes having guns prevents gun violence. Both are right, both are wrong.
BOTH WANT THE SAME THING.
You can do this for just about EVERY issue the Elites shove down our thoats.
Abortion? Another absolutely divisive issue? Both one LIFE - one for the mom, one for the baby. If you have had to make that choice, you are 'sensitized' one way or the other - it's VERY emotional and should not be in politics. But both sides use the emotion against each other to create division.
EVEN after you read this, on BOTH of these issues if you were strongly one side or the other you STILL won't give in and understand. That's how deep the Elites seat the emotions of hate to THEIR advantage (they get super rich from the division).

2024-08-07 14:27:28

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Privacy. You can read up here. https://fedimint.org/
It's worth the effort to study.
If you would rather watch a 7 minute video (lacks details IMO and may make things more confusing if you don't have the basics) here it is.
https://youtu.be/EerV92GFMBc?si=qM6XLk4VrazNGuBv

2024-08-06 11:25:24

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I'm not sure what your point is. Everyone that's been around for a while knows #Bitcoin is for everyone - including those you think are your enemies. It levels the playing field.
Bitcoin is the law - it's a law of physics and math. You don't need human made up laws to run it. Matter of fact, you should read "Softwar" which discusses what laws really are (and are not). I think he nails it nicely.
Oh - BTW - the USA uses financial warfare world wide where the CIA operates out of 800 bases in 70 countries to destabilize countries that DON'T comply with US$ dominance. What happens when they don't comply?Russia has been moving away from the US$ for quite some time - what is happening? https://m.primal.net/Jpul.jpg

2024-06-17 12:56:22

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This is silly.
You definitely don't NEED a hardware wallet.
Matter of fact, you can memorize your keys/words and go ANYWHERE in the world and access your #Bitcoin from ANY wallet.
BUT - a good hardware air gapped wallet with OPEN SOURCE software is a good solution to storing your Bitcoin.
There are plenty of options. And using a computer with NON-open source software of ANY KIND is not the solution.

2024-06-13 13:28:32

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I don't thnk we need central Gov on a hard money standard - #Bitcoin. The ONLY reason for Central Gov on fiat is to defend the country, and fiat is the reason for having to defend the country (due to currency wars which steal resources)!
BUT - if we had to vote on EVERY increase in spending and new program how many would there be? Individuals. Verified paper ballots.
No new Federal Laws or Taxes without a 60% approval of votes (and that's 60% of ALL citizens, not just those that show up).
Remove all 180-,000-300,000 Federal rules laws now (no one actually knows how many there are it's so bad). Start over. I bet we would have little/no Federal laws in a REAL democracy.

2024-06-11 19:14:32

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You are trying way to hard to fit violence into your narrative.
The POWER of laws leading up to violence have done just as much or I would say MORE DAMAGE than the war itself. The war/violence is the relief valve for what has ALREADY happened.

2024-06-11 19:12:41

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It's not tyranny if most all agree AND there are options.
Small groups generally accept a set of rules to work together. It's a good thing.
The problem comes in when the 'organization' gets too big and imposes its will on those that do not agree.
And w/an HOA you can move a mile down the road and have another option.
The 'power' to organize IS FREEDOM and EQUALITY.
Now - if another HOA comes and requires YOUR HOA to follow THEIR RULES - that would be tyranny. That's what the Federal Government has been doing with retirement, healthcare, police, housing, etc... for the last 100 years.
To the point that IRS has 10,000 pages of rules and Federal Laws dwarf local law.

2024-06-10 22:14:51

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I have a house in an HOA. I actually support HOA's over city Government. They are great for managing local problems (campers/boats in drives, lawn care, etc...).
And if you don't like the HOA rules, you can always move to a location that allows campers in the yard. Small groups doing what they want - it's great.

2024-06-10 22:10:20

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Local Governments don't go to war with the city next to them.
You need people to group together to accomplish efficiency gains for people - we are far more productive together.
I'm also fine if there are local laws - I can move to the city across the state, or to another state rather easily.
Moving nations is pretty tough.
I think you going to the extreme to suggest we want no human organization. Central Government is the problem.
This is all being worked out now - decentralization is happening - just a matter of time. Laws/rules serve the rulers - always have, always will.

2024-06-10 17:57:18

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This. https://primal.net/e/note1pqdr9yjla7e9z9caex9sa4d6fg45pq0hfz784506vv926sd67e7qz6nm9s

2024-06-10 16:21:03

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We differ here too.
Violence is the LEAST effective form of power - which is why it's always a last resort.
Government is the most effective way, currently, to get people to do what you want them to do - more specifically money and power.
Violence is the least effective because it destroys 'resources' on BOTH sides of the battle/war. The ONLY reason someone uses violence is they believe the INCREASE in power/resources will be greater at the end of the war than the beginning.
If you truly want no man to be a slave to another, you need to REDUCE the power of the central authority (laws, power, money) or it will ALWAYS rise up against you and control you. As you point out that's what happened in the USA. But it all started with the creation of the Federal Reserve in 1913, and was solidified in the 1930s, and then sealed in 1971 when the Gold standard was 'temporary' suspended.
But both our views are valid - this is not easy to figure out because we have never really had freedom before other than brief moments in time. We have become more free as humans over time and we control our OWN property.

2024-06-10 16:14:58

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Where we differ is you believe a central authority or 'law' creates equality.
I don't believe that comes from other humans. If it does, as you imply, there will never be equality.
If my WORK/ENERGY is secure and my property stored in time indefinitely, no one can control me. And I have no advantage to control others. This reduces the need for "Acts" or "Laws" to control people/emotions/outcomes.
For example, AIPAC registering as a foreign agent will do nothing to fix the underlying problem - it's just another law/process stacked on a bad system.

2024-06-10 13:47:01

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Government power decreases significantly w/o ability to create/print money.
People still have to THINK and push back.
But the reality is, ALL war was 'printed' - since the invention of clipping coins.
Welfare is a modern day (last several hundred years) human event. Nearly all humans can add value to other humans w/removal of the welfare state. This does not happen overnight, it can take generations of pain (created by generational welfare).
Also, hard money based on work/energy stored in time gives a LOT of power to the people. So while Government is being stripped of their power, the individual is gaining incredible power. This is happening now - but it's a slow process most don't see.
Furthermore, with real money, those that get rich have to on continue to produce REAL value for others/society or they will lose their power.
The Government 'powers' that promise to protect you from the elites with more taxes and rules/laws historically have 100% benefited - you guessed it - the rich/elites (not the poor). Yet the poor being uneducated and not willing to read fall for it generation after generation.
In the centrally controlled USA economy we have today (along with most of the world), the rich just get richer w/o much/any added value. The Elites understand history - they know how well this works.
This is all very complex. Start with the book, "The Sovereign Individual" which will/should lead you to another dozen books - be sure to read 10+ books on the topic so it really sets in.

2024-06-07 19:47:56

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Iowa has no way to make money besides stealing from people that pass through. They have not grown as a state for 100 years. Same 3 million poeple! lol
It pisses me off all the speeding cameras. They put them at ALL the borders. I-80 crossing the Mississippi? Yep. Traveling south on 218 - THREE of them when you cross the boarder - TRIPPLE dip you!
Go though any city - gotcha at least 2-3 times. It's your TAX to come to the great state of IA! rolol
(I live here - so I speed when I'm not under a camera - still pisses me off)

2024-06-07 14:01:34

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Sunny and 75 incoming! https://youtu.be/hZwVvwp8i-M?si=JYr7BrO3D_QNrArw

2024-06-07 11:58:34

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But the 'win' has to provide greater benefit to the attacker than the losses.
What I mean is there must be a benefit in money/power/property when you attack someone or kill them.
Also, the increase in productivity gives the defender an upper hand - requiring more resources by the attacker to gain 'something' of value (power/property/etc...).
The ONLY reason we have ever had current warfare is due to fiat currency. EVERY war the last 1000 years has been fought with fiat (printed) money. The loser of EVERY war experienced hyperinflation (their money failed first). There are no exceptions. America did not win WW2, Germany printed themselves into oblivion and could not put fuel in their tanks - so they lost. The solution to WAR is hard money.
Could give 50 examples of technology advances fixing war.
I get your point, but there are ZERO historical examples of your situation. Study the history of gunpowder. The most powerful empore BY FAR at the time rejected gunpowder to build more swords and shields. The opposing MUCH smaller country embraced gunpowder and in a few short years wiped out the massive empire.

2024-06-07 11:01:22

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You can also use cheap energy to increase productivity which helps millions, or billions of people. This is also 'fighting' for what you believe in but w/o the warheads.

2024-06-05 18:54:23

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@npub1cn4…3vle should fix this!

2024-06-05 17:17:48

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Actually, the solution is to fix the money. As long as government can print money at the expense of the population, there is no possible way we can ever win. #Bitcoin

2024-06-05 11:14:56

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Why everyone is not using strike.me is beyond my comprehension.
Generally cheaper to buy and free to move to cold storage.

2024-05-24 14:11:35

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I was just talking to primary - told me to 'be careful' online, and verify their credentials because many times they are not 'certified/educated' in the material they are discussing.
Here we go again - follow the system/standards and all will be okay. I can't STAND medical establishment - SO BAD.
Also told me to quit eating egg yolks - the most nutrition dense food on the planet (correct me if I'm wrong here). I'm NOT a doctor! lol
I eat a LOT of eggs. GREAT video covering a study on having TOO LOW Cholesterol! (yes, you read that right) https://youtu.be/4nm-xIq7I2Q?si=ermSAVL6mqhC4aeV

2024-05-20 12:55:44

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Kodak has a strong interest in digital cameras, they invented them, and then abandon them.
BlockBuster had a strong interest in video - and the streaming business.
But - both went bankrupt. The 'establishment' rarely sees what's coming.
We shall see what the big tech firms you suggest do but it's very rare for them to actually change.
Microsoft did adapt to Windows (invented by Apple/Macintosh) but it's ALWAYS been a poor implementation. Sad actually.

2024-05-17 12:25:11

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This is my exeperience with doctors. "Don't go get on the internet, that's all wrong!" 🤔

2024-05-13 12:55:28

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Exactly. I think we are agreeing on more than we disagree!

2024-05-13 12:54:36

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I have been fasting for 36-45 hours every week for over 3 years. I get into Autophagy in about 20 hours (I have learned to know when I'm in ketosis and then into Autophagy - after checking bloodwork many times). I'm 62 this year. Wife same age, fasting 3 years too. No problem. Muscle is fine but I'm also in good shape and work out nearly daily (but often not after my second day fasting). I would not go over 48 hours fasting based on the books I have read.
I'm not saying your body 'never' uses muscle to create amino acids during a fast. Your muscles are ALWAYS regenerating themselves so there is a constant replenishment of muscle. What I'm saying is you will not lose your muscles mass intermittent fasting or fasting for a day or two - largely due to the anti-catabolic effect of fasting (see below).
I also believe most of the data out there on amino acids are from companies selling amino acid compounds. Which is fine - I guess if you are a power lifter or your fat body mass is very low, you may need them? They are not going to hurt if you keep calories very low to get the benefits of fasting!
I think this is complicated and we are talking over each other and as the clip below shows, "It depends." Depends on your health, if you exercise, and getting to know your body.
And yes ketones are not a replacement for amino acids.
From ChatGPT.
----------
The question was, "Does proteolysis happen during extended fast?"
Proteolysis, the process of breaking down proteins into smaller peptides and amino acids, does occur during fasting.
In fact, studies suggest that proteolytic pathways are stimulated in most tissues during fasting, except for muscle tissue. In muscle tissue, the breakdown of proteins is inhibited during fasting, which is known as the “anti-catabolic effect” of fasting. This is because muscle protein breakdown is suppressed by the hormone insulin, which is decreased during fasting.
During fasting, the body breaks down proteins in other tissues, such as the liver, kidneys, and adipose tissue, to release amino acids that can be used as an energy source. This process is mediated by lysosomal pathways of proteolysis, which are activated during short-term starvation, and chaperone-mediated autophagy, which is activated during long-term starvation.
In summary, proteolysis does occur during fasting, but the specific pathways and tissues involved vary depending on the duration and type of fasting.

2024-05-12 15:35:20

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<<L2 is not only LN, agreed, but we can only talk about what exists, so I'mm refer to it.>>
I'm sure in a few years this will be the key statement.
It's like talking about the Internet in the mid 90's. It's insane the transparency it has today and pretty much anyone can use the Web now. Back then it was actually pretty complicated!
Of course some still think it is! Technology will always leave some behind...

2024-05-12 13:27:09

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Like education. LOCK them into a Government 'approved' system to start the brainwashing early.
Sadly many parents fall for this garbage.
We have 5 kids. All had phones, no curfews (they set their own based on VALUES WE INSTILLED). Virtually no rules - they set their own - learned to THINK. Required to read book "Atlas Shrugged" as young as possible.
ALL straight A students. No drugs. No problems. Two oldest girls Chemical Engineers, 3rd girl Teacher for a year then business owner (owns 3 homes in her mid 20's), 4th kid -boy Materials Engineer, and last boy Electrical Engineer. All graduated with no debt and shit load of cash in bank when they graduated.
Government does NOT know what's best. BTW - all our kids had heavy exposure to Montessori (self teaching/learning and independent thought).
IGNORE the Government - do the opposite!

2024-05-12 13:19:07

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The narrative will not change.
Self custody options on L2 will be available long before base layer self custody is out of reach. But remember, you have enough wealth/assets you ALWAYS can have a base layer #Bitcoin self custody wallet so it's NEVER impossible. Just have to WORK HARDER to get there. 😳

2024-05-09 12:49:55

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Study Power Laws, recently discussed, and deep dived, by @Giovann35084111 on Twitter/X.
The two theories fit like a glove - meaning IF both theories pan out this is evolution at play - not technology innovation. If this does happen, it will be a time in history few humans have experienced in all of time.
I think we will know for sure early 2030s.

2024-05-09 11:46:10

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Highly recommended to read... and STUDY... Softwar by Jason Lowery. The theory stated above is sound.
Another quote, "Warfighting could as easily be described as a more than 10,000 year struggle to prevent global consolidation of abstract power and control authority over valuable resources."
NOTHING is more truly needed today!
"Imagine, if instead of trying to replace physical power with abstract power, that people learn to accept there is no replacement for physical power, and we instead sought to replace kinetic power with electric power.... power projection technology ... to which society had zero-trust, egalitarian, and permissionless access... enter #Bitcoin."
If you STUDY this book, it really blows your mind. Jason did well.

2024-05-08 16:56:15

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So - let's dissect this a little.
We are going to make you a criminal EVEN IF YOU never committed a crime?
Why do elected officials assume you are guilty until proven innocent?
Think about that - really hard. Then go buy some #Bitcoin. We MUST remove the power from these people, which is the fiat money printer.

2024-05-08 14:20:56

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CDC will start reporting mortality again when they need another crisis to print more money. It's coming - just have patience. 🧐

2024-05-08 13:27:22

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I wonder if Covid is/was the turning point for people waking up?
Covid was a scam from day 1. It was a set up at the perfect time for elections in USA. It was so clear. In Italy they showed body bag of people (early on) and when you looked at the Ministry of Health website deaths were NOT increasing (matter of fact flu/pneumonia deaths were being decreased as Covid was increasing). This turned out to be the case in most countries. US saw increases in deaths but it was 87% related to fat/metabolically unstable people.
The entire narrative was fabricated if you were watching what was really happening beneath the surface.
We just need more people that START with the thought "Question Everything" - because the information is out there.
Critical thinking is lacking - but it works really well!
NOT being critical of those that got the shot - it's SO HARD right now to know up/down, right/wrong when people are working their butts off chasing fiat/US$.
Start DCAing into #Bitcoin and in 5 years your entire mental state will change - and your lifestyle will too. Avoid crypto and ignore the FUD - but read LOTS of books on money to keep you firmly planted. This journey makes you a critical thinker. More related than it may seem.

2024-05-07 15:53:08

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I’m 62 this year and this is the exact response I get when I mention #bitcoin.
If I mention the idea that the currency markets & Fiat system is not real stable right now, they just shrug it off and say any crash not gonna happen in our lifetime.
This is probably what you would expect from any boomer that gave up any planning for the future to live in the moment.

2024-05-07 13:15:41

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Become a programmer and donate your time.

2024-05-06 16:54:52

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They know exactly what Nostr is - ANYTHING they can not control will come under attack. We ain't seen nothin' yet.

2024-05-06 11:34:42

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My opinion is the best marker to watch is the currency trade. Watch the Japan Yen to US$. Actually any G7 country currency to US$, but Japan holds about a trillion in treasury bonds - which will start to get sold at some point.
Third world currencies are already crashing and burning against #Bitcoin and the US$. The US$ being the Global Reserve Currency will likely be the safe haven (least dirty shirt in a basket of dirty shirts) for a while (until Western civilization wakes up and drives the price of Bitcoin and Gold 10X+). This assumes the US$ maintains it's dominance - which it likely will.
Here is what's happening to the developing world (see charts below) - Powell/Yellen are crushing to these people - and why you see Bitcoin in the 3rd world gaining traction. https://m.primal.net/IDot.jpg
But the Yen is the key. Last week was a very bad week for the Yen. BOJ intervened big time - twice. Great little/short write up. https://www.ctol.digital/news/bank-of-japan-boosts-yen-with-60-billion-intervention/
But the real problem is the Carry Trade - it can NOT end or the US$ is in big trouble (borrow in low interest rate currency and buy the higher interest rate currency - China/Japan buying US debt and assets). This keeps asset prices high in the USA.
As asset prices sky rocket, large companies and asset owners in the USA get VERY rich. The working class gets robbed (wage earners).
A great book on this is called, "The Rise of Carry: The Dangerous Consequences of Volatility Suppression and the New Financial Order of Decaying Growth and Recurring Crisis" by Tim Lee. All the consequences, that are playing out exactly as expected, are explained. It's not an easy read, but it's readable.
When will it all end (and it will)? It's like telling a gambler they have to quit gambling. They keep going until they run out of everyone else's money (can't borrow anymore). No one knows but when it happens, it happens quick. The longer this goes, the bigger the crash (because the ONLY way to keep it going is to keep expanding the bubble).

2024-05-06 01:12:45

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I don’t know - not long now has been said for a decade - actually more.
I have to admit central banks ability to keep this shit show going has been impressive.
Ultimately we end in a massive bust but it’s very hard to know when - this could go on a decade or more.

2024-05-05 23:39:05

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You nailed it.
Buy at your local stores. Or a local market for things like produce.
If you must buy on Amazon, seek out small business owners that sell through Amazon.
Find local meat market/rancher, that carries grass fed grass finish beef. Along with pasture, raised animal protein.
Online is an option too, you just have to find small businesses and buy directly from them.
Always ask if they take #Bitcoin.

2024-05-03 11:51:09

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For more info - https://arkdev.info/

2024-05-03 11:26:57

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If you have not read, "The Great Taking" by David Webb, you should.
You can find the documentary here: https://rumble.com/c/c-5345620
But be sure to read the book - and the Federal Reserve response in the back of the book.
They are coming after the $35 trillion in retirement accounts, and the ETF if something happens (and we still don't know if this all happens).
Regardless, people will be so desperate at that point, they will give everything up for food and to keep their homes - and will be thankful.
This is probably what it takes for #Bitcoin to become a world currency. Most people need to feel extreme pain to change.
I have no idea 'when' this happens or to what extent. But during the debt collapse I do know most people have not made the appropriate plans - which are ZERO debt (even your home) and enough cash/gold/silver/#Bitcoin to live for one year.
The riots will be enough for Government to take most everything.
And those tough times will create some very strong men...

2024-05-03 10:56:40

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And your point?
That we should throw poeple in jail for moving money outside the banking system?
What if they bought something legitimate? I think the assumption here is all these cases involve a crime. BUT, if they involve a crime why do we need money transmission laws? Why not just prosecute the crime committed?
This is the police state. This is how a communist Gov works - they can convict you and put you in jail even if you are doing nothing wrong.
I don't understand how anyone could find this acceptable.

2024-05-03 10:53:47

It's absolutely insane people are being jailed/fined for doing NOTHING wrong! The ONLY crime here is paying someone for something.
Can there be a crime for moving money? I don't think there can be. If a crime is committed, then the LAW would be enforced. If this is not the police state, what is?
#note13n7…jrsk

2024-05-02 20:34:23

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Once I can buy/sell #Bitcoin directly using Monero I'm in - until it's truly integrated into Bitcoin, no go.

2024-05-02 18:38:39

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Exactly. All the FUD out there right now - but you can come to Nostr, zap some SATS - and what can the US Gov (or any Gov) do about it?
Gonna build a Nostr prison? lol

2024-05-02 15:37:44

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We did not elect them - they are cheating - both sides. Testimoney in early 2000's proved it.
But again, that army is fighting back too -
I understand your point - I'm probably just more positive (hopeful?) on the outcome!

2024-05-02 15:08:26

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#Bitcoin has no connections like this. Elites are smart in the system they thrive (fiat money printing, bias laws, corruption, regulation, etc...).
Trump is still an Elite - although he clearly (by actions) cut many off at the knees (why other Elites hate him). There are fractures in the pool of Elites right now - as they lose control more and more.
But the whole Q thing and Bitcoin is totally unconnected - other than the truth seeker type people probably find/research both. I wish there was someone coming to save everyone, but there is not.
Just as the Revolutionary War - the people will have to feel enough pain to fight back. And we are building an army within #Bitcoin that is world wide. The more people that truly exit the fiat system, less power the World "Officials" have over us and the more power we have. For those in emerging markets, start using Bitcoin as currency - bypassing your dictators supported by the West (I'm truly sorry). Save as much as you can (knowing survival/food is a struggle in some places).
This is not hard. Don't let your imagination get the best of you.
Buy Bitcoin daily, not the ETF. Move to cold storage every few grand. HODL 5+, preferably 10+ years only using what you need to maintain your life. EXIT the fiat system as much as possible.
We. Will. Win.

2024-05-02 13:48:43

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Hold up.
We are not a 'society of monsters' but there are monsters amoung us - no doubt.
The real problem is these monsters gravitate to power because the productive people are just out there getting shit done. We tend to 'hope' the politicians do the right things - which is CLEARLY NOT THE CASE.
Decentrialization will solve this problem. It all starts with #Bitcoin and enough of us exiting the current system to disrupt the power structure (their power is the fiat money system - money printer).
NOTHING will change until we get back control of money, and make money real again.

2024-05-01 22:12:09

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Read the book, “The Psychology of Totalitarianism” - it’s a little gruesome at times to think what people will fall for, based on history, but you will understand after this book.

2024-05-01 21:56:32

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Time to work on exit plans.

2024-04-30 22:18:27

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The tax code is so complicated, we are all made criminals at some point or another. It's ridiculous. If you are a tax paying citizen, you are an enemy of the state.
It's VERY likely Ver did something wrong - matter of fact it's almost guaranteed if they want to get you.
Furthermore, if you give up US Citizenship ALL your assets are taxed at what the Government considers 'fair market value' - which is ALWAYS subjective. So if you have $200K in income/capital gains, and $5 million in assets - you are taxed on BOTH. Basically the US Government seizes your assets as you leave. This should be illegal.

2024-04-30 19:47:39

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It is hyped if you follow the Bitcoin community. Not so much outside #Bitcoin.
But a dictator does not adopt a currency they can't control.
I'm actually not sure there is any country immune from the Globalist right now! And ANY country could be drawn in OR opt out anytime.

2024-04-30 19:23:04

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100%!
The best research and scientist covering exactly what you discussed is Judith Curry‘s website. www.judithcurry.com

2024-04-30 19:19:35

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Why anyone would stay on Coinbase is beyond my comprehension. I gave them up years ago. Use strike.me or swan!

2024-04-30 19:09:47

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El Salvador more likely!
But, Cuba could be an option since bitcoin is really grabbed hold there.

2024-04-30 17:28:34

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The body will create ketones from fat first - your body does not harvest protein until the very end (which makes sense if you think deep about it). Ketones are VERY good energy source for body/brain. Furthermore, fatty meats are better than lean meats because too much protein can actually raise insulin levels. This is contrary to common Government agency advance today!
I think the best research says if you are fasting, anything over 48-72 hours and you 'could' end up eating into muscle. The wide time span is different metabolism.
But the amino acids in protein (especially red/colored meat) are vital to life - and you can NOT get them all from plant diets (so much supplement). So you are 100% right on the protein consumption!
Great book, "Change you diet, change your mind" - which will lead to several other very good books.

2024-04-30 16:47:57

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So much to dissect there. But I think we have beat it to death for a message board!
And yes, EVERY single CENTRAL authority/Government War as far back as history goes was funded by printed money (or clipped coins). There are no exceptions. As Government became more centralized and bigger, so did the wars!
To Jason's point, the winner often had the technology advantage. Think gunpowder (which is a fascinating history since the major power of the time REJECTED the technology).
On your thought about Jason not responding (even though the author did finally read the book), it's very hard to have a conversation with someone about physics if they have not studied physics. Nutrition is another example, it's SO stinkin' complex, it's hard to have ANY conversations! Simple definitely does not work.

2024-04-30 15:48:44

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Yeah - read it....
"But Lowery claims that Bitcoin creates a replacement for the kinetic power projection game and is a threat to the United States' "business model" of exporting property defense across that world. That's some massive hand-waving and I fail to see how the dots get connected between Bitcoin and everything else..."
I think this author is looking for a simple connection - and it's deeper than that.
#Bitcoin 'is' connected to everything else as a base layer of money/value/energy. This is the foundation of Jason's theory.
I don't disagree with the author that Jason leaves a lot of gaps uncovered. I believe that's the idea of a thesis?
In the second piece, after he reads the book, he makes some great points - again, Jason has not (and can't) close all the gaps.
The macrochip concept - energy grid as a macro computer - he makes the case they are all independent. He is correct, in the literal sense. But on a more macro sense, 'energy' is a global connected force. Energy is the foundation for all of life, civilization, and required for humans to evolve. It's also the base layer of WAR - which connects everything (sadly).
So I think this guy is deep in the details, but off the beaten path.
I would liken it to arguing with a flat earther. They may say something like, "Look out at the horizon - it's flat you idot! Why are you so stupid?"
Galileo Galilei proved the earth was not the center of the universe. But 'common knowledge' church goer at the time (the churches power actually) did NOT like his thesis - too many holes! And they threw him in prison - the average person believed for many decades the earth was the center of the universe! Galileo died confined!
So the debate goes on - I read nothing that would make me discard Jason's thesis. My perspective is mostly from the energy side. I'm an Electrical Engineer by education and worked in the electric utility industry for 40 years.

2024-04-30 11:21:34

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I see where you are going. We just have to disagree.
Jason's work at Space Force (I have read Softwar, twice - great read) has the picture of a deer antlers on the front cover of his thesis. This represents the idea that #Bitcoin is antlers for humans.
Interestingly, humans are the only species (other than monkeys) that kill their own for property/mating rights (you can add in their political power too - but that's just property rights).
Deer fight until the antlers break, and the buck that loses walks away - they don't kill. Even bears don't kill each other.
Jason is making the point that in order to have a war (killing others) you need a GAIN in resources or it makes no sense. Bitcoin make it more costly to go to war than to have kinetic war for property rights (gain). This basically makes kinetic war obsolete.
He deep dives into cell division, and many other aspects of life to make the point.
SO - when you mention 'bitcoin as a weapon' that's not actually accurate. It's a weapon of peace by making property rights indisputable - ELIMINATING the need for war/most other weapons.
It's not quite this simple, the book explores deep avenues. But that's the general idea.

2024-04-30 11:12:42

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Proof of work - no doubt.
Be sure you get enough protein, especially if you are working out. I did a similar 'proof of work' but cut out seed oils, wheat, and sugar. Mostly protein based with some veggies. Went from 270 to 170 without really dieting - I eat a lot! Many other health benefits showed up too.
Some of the best summarized research I have read lately is from Georgia Ede. Another good follow is Nina Teicholz, who is an investigative journalist turned health researcher. She's done some great work (second link is a talk done 10 years ago).
https://youtu.be/tvvvLkth5Q0?si=mYnwRnhq7VaxTwJw
https://youtu.be/1CHGiid6N9Q?si=WlKLemw3spIz5JTa

2024-04-29 23:42:28

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It's not mature yet - so we are still in kiddy land (along with the early adopters and outright anarchists). Sorta how everything starts... ;-)

2024-04-29 23:41:09

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Just curious, why would you say these two?
Are you just being antagonistic? (I lack a sense of humor!)

2024-04-29 17:18:12

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Just more reasons to self custody.
And NEVER keep your seed where you live, in a safe or otherwise!
OFF SITE.
This is going to be a fun ride for those that pay attention and keep their #Bitcoin secure... Good times ahead!
(read LOTS of books and buy Bitcoin daily (NOT the ETF). Move to cold storage every few grand. HODL 5+, preferably 10+ years)
This is super easy, but the discipline is very hard.

2024-04-29 14:25:43

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Stockman has written several books. He makes some great points but is off key on a lot of issues too. If you want to believe this article, be sure you follow up and read a few of his books so you can put things in perspective.
I'm coming across as defending Trump - I'm not. But contrary to popular belief, Trump had the right idea about many thing (border, regulation, taxes, etc...). I also believe he understands the problem with deficit spending, but if you are just turned off on Trump you can find clips, cherry pick, and make the case otherwise.
The problem with discussion about spending is you can't just look at spending, you have to look at spending, debt, deficits, and GDP growth at the same time to understand if/where/when there is a problem.
We are beyond the point if stimulating the economy with Government spending. Gov spending is crushing the private economy. But Gov spend has worked to simulate the economy in the past, the problem is Gov (BOTH parties) spend MORE after the economy is roaring (not less) and the entire Gov system gets bigger.
Biden is spending because that's all they can do to keep the shit show going - and he is the poster boy of the magnitude of the problem the last 50 years.
The reason BOTH parties don't like Trump? He's not in on the game AS MUCH as the insiders. No doubt Trump has worked the system to his advantage - you don't become a billionaire being system stupid.

2024-04-28 20:28:39

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Your 401k is doomed. I have been draining mine the last few years (I’m old enough) at great tax expense. Fortunately #Bitcoin has made the tax losses up +. Banking as much as possible on Strike for a quick move to cold storage if required.
I think we have time - but not waiting around to find out how much time (no one knows).

2024-04-28 17:45:04

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I gotcha. But with independence comes mistakes.
We have 5 kids - never a curfue or 'rules' - we ALWAYS said, "You do what you think is best, and if you are not sure, be sure to ask (or you many lose your car if you mess up)!"
Absolutely - independence does not equal correctness, but you have to give people the ability to make mistakes (and if it's your kids is SO HARD).
Our youngest is 21 this year, oldest 2 girls are Chemical Engineers, then a teacher/business owner, then two boy Engineers (Materials and Electrical). So instilling this independent thought, and then shutting up when they made non-life threatening mistakes, was critical to their success.
Which is critical to all our success!
I guess we were on the same page to start! :-)

2024-04-28 12:43:22

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Ahhh - there is the conundrum.
Replace one tyrannical system with another, is that what you are saying?
Contrary to what you are saying (and possible believe) the solution to overturning the whole of humanity is to promote EACH individual following their own instincts. And ONLY their own thoughts/beliefs.
Because without this approach, you become a slave in ANY system.
Independent thought is the solution you seek.
“I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for mine.”
― Ayn Rand, Atlas Shrugged

2024-04-28 12:30:46

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She wrote a book. Study her history. She was fired from her job long ago for not agreeing with the Climate Propaganda.
You can see her entire history, how she runs the site, and funding on this page.
https://judithcurry.com/about/

2024-04-28 12:15:07

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Judith Curry is the most level headed scientist on climate change. Her website is not for the faint of heart. She has dozens (hundreds) of scientist and scientific data on her site. It's very good if you truly want to understand the planet and pollution. But you won't stay on the site long if you want a punch line - you will stay on the site to understand, truly understand. www.judithcurry.com

2024-04-28 12:10:26

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The replies here are really good.
Been having these conversations for a couple decades. It always seemed people just did not understand money.
This thread is an eye opener - the reality of the situation and the knowledge of the 'system' is growing fast!
Guess I could have seen this by the #Bitcoin price. But it's so great to see awareness grow! And see how well understood some stupid money transmitting nonsense can be.
Or maybe it's just people on Nostr are smarter? ;-)

2024-04-27 22:56:10

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Eventually members of Congress will own a lot of #Bitcoin - because they have profited the most from the fiat SCAM. BUT, they will have to work to keep it - which is good for all the working people (who elected officials STEAL from now through money printing and deficit spending).
I don't think too many see it yet - I could be wrong, but it does not look like it.

2024-04-27 22:53:32

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The Covid scam turned on the money printer. That was all from the Socialist, not Trump - who was cutting 1000 of regulations and laws to free up business growth.
Regardless, I'm not defending Trump - but he had things rockin' before the Elites decided to introduce Covid.
Growth is what allows you to deficit spend. As long as your Economy is growing faster than the debt, you can sustain the debt - not that I think that's a good idea, but it's a fact.

2024-04-27 18:41:20

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What actions make you think he’s not for sound money?
He did cut taxes and increase the deficit, but the economy was starting to roar too. The next logical step after that is to try to cut government spending and bring things under control. It doesn’t all happen at once.

2024-04-27 02:30:41

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Government/Fed (don't be fooled, they are the same) KNOW they need to start printing money VERY soon.
When they do - #Bitcoin, Gold, Silver (and probably oil and most other commodities) will absolutely go crazy.
And if they don't start printing BEFORE the debt defaults start (research the Bond market) the amount they need to print will be obscene. They already need $20 trillion to save the system. It could be magnitude HIGHER if even a few trillion of that move to Bitcoin and Gold - and it will.
Everyone asks, why is the Government borrowing so much, they are fighting the Fed. The Government spending is all that is keeping the system alive right now - and it's taking trillions to keep it alive during the 'good times' -
The whole thing is unbelievable.
My question is this: What is the alternative? I just don't see one and no way they can shut down Bitcoin.

2024-04-26 19:50:34

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Hold up Bryan -
I think you are discussing a 51% attack - because the #Bitcoin network can't be taken down - there are probably over 20,000 Nodes running right now - all over the world.
IF there is a 51% attack - it will be very energy intensive, and the reality is we will know it's coming before it happens. This is not going to be a simple take down.
Furthermore - do you really see China and the USA/DOJ collaborating to take down Bitcoin? To what end? Then who wins? China or the USA? Why would they work together?
While anything is possible - the earth could explode tomorrow from an internal malfunction too - or the sun could explode and wipe out the solar system. We have to entertain any and all possibilities but ignore those that are even more remote than guessing someone's keys (which would require winning the PowerBall Lottery 9 times in a row). Clearly not a threat....

2024-04-26 11:33:53

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There will be plenty of people using self custody to hinder Government.
I also believe the ETF will raise awareness of Self Custody. Time will tell, but I have already had conversations with people, "Why would you self custody when you can just buy the ETF?"
That conversation nearly always leads to 'entertaining' self custody.
Self Custody is VERY HARD for the average person to understand. Most see money in a bank as theirs - available anytime. They do NOT even know the US Government confiscated Gold in 1933.
It's a process of education.

2024-04-26 11:20:55

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Question: Can ANYONE stop you from receiving and/or sending a transaction?
Can you use VPN (which allows you to use ANY app to on-ramp to #Bitcoin)?
If the answers to those questions are; No. Yes. - and they are - then they can continue to fight 'us' or they can join us.
But they can't stop us - it's world wide too. Keep the list going - let them keep trying wasting fiat! It just makes Bitcoin adoption go FASTER!
(I would add, be sure you run a node and have a small miner running sometimes - the miner is not necessary but in order to keep the network secure and diversified we all need to encourage these activities - it's OUR bank)

2024-04-25 02:26:05

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I don't think there is an answer.
If someone argues with you that the world is flat - you can tell them it's round but unless they do their OWN homework they won't believe it.
Unless people are willing to read a book on #Bitcoin it's unlikely they will get it. It's too new at this point. If they are in financial industry - they definitely won't get it!
Fire was created 1.5 million years ago. Very few humans, our ancestors embraced the technology.
MOST people were scared of this new technology. They ran or stayed away. They all died.
For most, time will just have to play out.

2024-04-25 00:44:45

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And how much energy does this take? There are 11 carrier strike groups JUST in the USA. One Carrier has twin 700MW nuclear reactors, ONE reactor could power an industrial city of 250,000 people. In the name of democracy, of course. #Bitcoin is ultra efficient, we won't even add the servers used for banking. https://m.primal.net/Hzbv.webp

2024-04-23 21:12:45

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Absolutely.
We have 5 kids. Made them read Atlas Shrugged. GREAT lessons.
DRILLED in their head. If you get rear-ended in a car, who's fault is it?
Kid: Mine. Always mine.
Guess how many times they have been rear ended?
When you are AWARE of your world, good things happen to you others say is luck.
When you don't understand your world, bad things happen to you that are confusing and leave you wondering why.
THINK. About EVERYTHING. Question Everything.

2024-04-23 12:32:16

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Super accurate.
When I talk to my wife now about problems, my response 90% of the time is, "You know what, #Bitcoin fixes that."
She even finishes my sentences now.
Fiat has distorted everything. Family, healthcare, housing/shelter, all of the third world, and I'm now convinced the last several hundred years of WAR would not have happened without fiat (ALL wars were bankers wars and could not have happened without printed money)!
Imagine where we would have been w/Bitcoin a few hundred years back (the most innovation in human history happened during solid Gold standard times). But gold always fails in the hands of politicians - 100% failure rate.

2024-04-23 12:27:46

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In order to 'discover' #Bitcoin, you have to learn and read, right?
So does it change us, or do we become educated?
Those that WON'T learn/read (go down the rabbit hole) never see it.
BUT, another thought. Bitcoin is brutally honest. No cheating. After reading, I think over 100 books now, the fiat system builds you to cheat, gamble, and steal. Think about that for a bit.
Not that we naturally want to do these things, we know they are wrong, but think about the times you get a super good deal on something - almost like stealing - and you have that nagging feeling that you are ripping someone off. Or, you win a few bucks in a lottery or at a raffle - it's exciting getting something for nothing but why does it not last?
Bitcoin makes you want to GIVE, not receive. So from that respect maybe it does change your psychology. But the learning process is so important.
Not to drivel on here, but Bitcoin is a new base layer of culture, changing the way we interact. So it's going to make us feel different. I think better. And I'm falling for the "Softwar" narrative more and more (Jason Lowrey's books - Softwar). Human antlers. I think his thesis is correct.

2024-04-22 14:50:48

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Exactly. This has been my problem with the Climate change movement.
NONE of these 'activist' have a solution. Quit using energy is not the solution. Shutting down efficient plants in the West, and sending the production to China (coal) is also not the solution (however good it makes us all feel!).
Actually cutting energy would INCREASE pollution, not decrease it. The most advanced countries have the LEAST pollution per human. Why? Technology solves problems.
So if you are a climate activist, go to school and get a Chemical Engineering degree. UNDERSTAND the problem, and then work on solutions!
With that said, the more you understand about the climate, and the geology of the earth, you realize there is no crisis that we can exactly identify to fix!
If you put ALL the earths resources in an olympic size swimming pool, ALL of humanity has used the equivalent of 1 cup of water!
Best info from Judith Curry. www.judithcurry.com is a great site. It's real scientists and research so it's deep. If there is science worth reviewing it truly is how the sun affects the climate (hint, your sea surface temp is addressed).
And #Bitcoin will drive most efficient use of energy and ALL resources.

2024-04-21 15:00:25

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Understanding of money in general is breathtaking realization (most never see).
Reading TONS of economics and money books (not just Bitcoin). But the history of money, how the Federal Reserve was formed, who formed it, and why.
I'm 61 and planning for the next 20 years. I retired early - fiat was good for us mostly, but I lost a LOT of money in 2008 and 2020 and realized the system was not as it appeared (started buying Bitcoin in 2016, steady daily in 2017).
VALUE - best of the best. We should all strive to be better, add more, do more for others. Bitcoin makes you think/plan as it gives you faith that your energy is stored until you need it OR it will be passed on to your kids without Charlatan Lawyers scamming the current financial system to their benefit.
With 5 kids, all are whole coiners + and instilling that long term vision in kids is very hard - but ultra rewarding. I had a head start, I required them all to read Atlas Strugged when they were young - so they are all very independent and good thinkers.
Question Everything - maybe the biggest #Bitcoin lesson of all.
Time is your best friend (learning) or your worst enemy (watching TV wasting your life). Once time passes it's gone forever - Bitcoin preserves productive moments - forever. Hope for the future.