₿itcoin ₿ombadil

Take delight in things for themselves without reference to yourself… The chain of memory is resurrection.

Public Key

npub1ptasykarzj2cm7dc9wnyyqk4h6mhc0gznx4fe8ccl9hpnspnlhrqh6vhsq

Profile Code

nprofile1qqsq47cztw33f9vdlxuzhfjzqt2madmu85pfn25unuv0jmsecqelm3s42wp0p

Author Public Key

npub1ptasykarzj2cm7dc9wnyyqk4h6mhc0gznx4fe8ccl9hpnspnlhrqh6vhsq

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Last Notes

2024-08-20 14:03:36

Proof of Work > War
#Bitcoin’s Proof of Work protocol can be a positive sum game for all participants.
War is a zero sum game at best and a negative sum game at worst.
#Bitcoin is the Dominant Strategy.
Make #Bitcoin not War.

2024-08-18 14:50:28

Mt. Rushmore of American Traitors:
Benedict Arnold - OG traitor
Woodrow Wilson - gave us The Fed, Income Tax, total scumbag
Jay Edgar Hoover - Scum of the Earth
Richard Nixon - killed Gold Standard, probably a puppet president, maybe more a symbolic traitor
Got #Bitcoin?

2024-08-18 14:50:12

Regulation of weights & measures is necessary for science, & commerce… the power to "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures” is given to Congress in Art 1 Sec 8.
Money needs fixed standards.
Study #Bitcoin.

2024-08-18 14:49:46

Perhaps the greatest Irony ever is that Paul Krugman’s downplaying concerns about rising debt loads is the best reason for why it all needs to be Forgiven with a Global Jubilee.
Then humanity can get on with using hard commodity money.
I remain long Irony and #Bitcoin.

2024-08-08 10:18:35

Let’s say market price of beef & butter is 1,000 & 500 Sats/pound, respectively.
We don’t have any #Bitcoin, but I have 1 pound of beef & you have 2 pounds of butter.
We can still use #Bitcoin price signals to negotiate a rational price.
1/2 lb of beef for 1 pound of butter.
This is why I say #Bitcoin price signals scale faster than UTXOs.
In a true free and open market where producers can directly barter with each other, workers don’t need to actually own #Bitcoin directly to use Bitcoin price signals to facilitate a fair & rational trade.

2024-07-23 12:25:18

#Bitcoin cannot truly set us free until we abolish Income Taxes, Social Security, Medicare, The Fed, and the Fake Fiat Debt.
You can disagree and bitch and moan about it all you want, but the Truth doesn’t care.

2024-07-20 11:13:39

Don’t bitch and moan about #Bitcoin not being scalable or private enough when you could be bitching and moaning to the Federal Govt about Abolishing Income Taxes.
Channel your bitching and moaning wisely.
Income Taxes are theft and a massive violation of privacy.

2024-07-16 17:25:47

Last time I voted for a mainstream presidential candidate was 2004 & 2008, a Republican and a Democrat.
Since then I accumulated 15+ years of empirical evidence via lived experience that overwhelming suggests #Bitcoin is the solution, not voting for a Republican or Democrat.

2024-07-05 20:54:02

“In the Malaysian tropical forest the Chewong people believe that every so often their own world, which they call Earth Seven, turns upside down so that everything is flooded and destroyed.”
-Fingerprints of the Gods, by Graham Hancock

2024-07-05 00:08:15

#Bitcoin security emerges from the segregation of duties and asymmetric cost functions of its key constituencies aka Miners, Full Nodes, and Key Holders.

2024-06-25 18:24:43

The human brain requires more energy than any other organ in the human body.
Lesson in that.

2024-06-21 23:02:17

#Bitcoin is a step function design and execution improvement over traditional economic resource allocators such as organized religions and organized governments.
#Bitcoin will help humanity allocate resources better than ever before.

2024-06-10 10:26:19

Don’t let #Bitcoin distract you from the Freedom Movement.
The Freedom Movement has been around longer than #Bitcoin .
#Bitcoin is part of the Freedom Movement… not vice versa.
Please consider supporting my BIPs
BIP End the Fed
BIP Abolish 16A
BIP Jubilee

2024-06-07 23:37:26

The notion #Bitcoin must scale by being used for every economic tx doesn’t map to history.
Historically, in-kind trade (barter) existed alongside trade based in precious metals like gold and silver.
Barter complements Silver & Gold.
Silver & Gold might complement #Bitcoin.
Money, at its root, represents a standard of value that people can use to compare to other goods and services to calculate hierarchies of value.
In this sense, #Bitcoin ’s Price Signal will become the benchmark people use to calculate a hierarchy of value.

2024-06-01 23:41:20

#Bitcoin can only show you that narrow path called The Way.
You’re the one who must follow it.
#Bitcoin can only solve one half of all your problems.
You’re the one who must solve the other half.

2024-06-01 23:38:36

If banks like JPM & BofA really wanted custody of #Bitcoin, then I suspect Congress would override Biden’s veto in short order, right?
Banks can pressure politicians just fine.
So maybe Banks don’t want custody.
Banks might like #Bitcoin at arm’s length.

2024-05-28 15:55:23

The longer you have to exercise an Option, the more valuable the Option becomes.
#Bitcoin is a perpetual option that is designed to maximize your Economic Optionality and Flexibility over time.
The Dollar is designed to enslave you inside of an invisible prison filled with cheap dopamine hits.

2024-05-25 19:11:42

Are #Bitcoin Covenants akin to Deed Restrictions and/or maybe Easements for Real Estate?

2024-05-14 00:43:51

Timelocks - restrict WHEN #BTC is allowed to be spent
Covenants - restrict HOW #BTC is allowed to be spent.
Outsourcing WHEN authorization to the #Bitcoin source code feels more reasonable than outsourcing a HOW authorization.
Maybe users should keep control of the HOW.

2024-04-21 14:54:16

Elections and Democracy are a Long Con Shitcoin.
#Bitcoin and Proof of Work are the solution… not retarded popularity contests #note1qag…fd5n

2024-04-21 14:52:47

Imagine blaming #Bitcoin when Marxist Banking and Marxist Taxation are the real culprits.
Can you imagine?
I’ll be here for as long as it takes for users to wise up & call BS on the real things holding #Bitcoin back instead of blaming the protocol for not being “good enough”.

2024-04-07 14:17:38

The problem is NOT Men voting or Women voting or Christians voting or Muslims voting or Jews voting, etc…
The problem is voting.
Voting doesn’t fix problems. Problem solving/Proof of Work fixes problems.
Study #Bitcoin.

2024-04-06 21:18:48

Has anyone tried asking ChatGPT, Grok, or one of the other AIs for recommendations on how to scale #Bitcoin?? 🤣
What if the AI says we moved too fast on Development the first 15 years??🤣

2024-03-22 13:50:41

Adam Smith wrote the Theory of Moral Sentiments before writing Wealth of Nations. The Theory of Moral Sentiments provided the ethical and economic underpinnings to Smith's later works, including The Wealth of Nations.
#Bitcoin, Ethics, and Economics are inextricably linked. https://y.yarn.co/7990c344-3eaa-4f89-b4c3-25a42b95d913_text.gif

2024-03-22 13:47:31

You may not like the fact that the biggest impediment to #Bitcoin at this moment is Marxism in Meatspace, but accept it.
https://cdn.vox-cdn.com/uploads/chorus_asset/file/7164731/post-game.0.gif

2024-03-16 16:58:44

I hope the MSTR drama makes it obvious how and why we got here…
#Bitcoin Players need to Abolish Fiat Taxes if they don’t want to see #Bitcoin’s use skewed towards Fiat price speculation anymore.
Put Covenants on the back-burner.
Abolish Fiat Marxism first, then re-assess.

2024-02-29 16:19:52

Will Saylor click the withdraw #Bitcoin button on his Coinbase account? 😅

2024-02-19 20:25:37

Weak defense of #Bitcoin
Critic: Bitcoin doesn’t have intrinsic value.
Bitcoiner: Intrinsic value doesn’t exist.
Strong defense of #Bitcoin
Critic: Bitcoin doesn’t have intrinsic value.
Bitcoiner: Wrong. Bitcoin has intrinsic value. The Dollar doesn’t have intrinsic value.

2024-02-16 15:07:52

To fully understand #Bitcoin Game Theory, you must accept the reality of the Dollar Prisoner’s Dilemma and Dollar Stockholm Syndrome that pretty much all of us are trapped by.
The best way to escape a prison is to fully understand the prison.

2024-01-21 15:39:36

If #Bitcoin users succumb to our Prisoner’s Dilemma and Dollar Stockholm Syndrome, then we perish.
If we #Bitcoin users stay together, then we survive.
https://media1.tenor.com/m/fcSqV8lnEQEAAAAC/the-gladiator-movie.gif

2023-09-20 00:38:56

If J-Pow can just Print the Money for the Loans out of thin air…
Then J-Pow can just Forgive the Loans back into thin air…
Abolish the 16th Amendment
End the Fed
Forgive us our Debts.
The Dollar price of #Bitcoin is an Oxymoron. https://image.nostr.build/27d7e3b3b868d546c9945c090c07b898a4459884f962ca6b081985a8d62ebaeb.jpg

2023-09-17 17:13:07

Good afternoon,
Satoshi was a Nym.
Satoshi separated the Ego from the Ideas.
Being a Nym allowed Satoshi to humbly work (as a Noob) to advance #Bitcoin and accept help, input, and corrections from others.
#Bitcoin needs more nyms.
Good afternoon.

2023-09-02 14:01:36

- reply

You can have multiple nyms and masks in this day and age.
There are different playing fields. For politics I can understand using your Social Security Number identity for the Clowns 🤣
But when it comes to #Bitcoin development and debating ideas and goad for the Protocol though, I have strong conviction that being a Nym in the #Bitcoin is for the best.

2023-09-01 09:35:37

The Cypherpunks like @adam3us weren’t able to connect the dots and invent #Bitcoin despite being experts.
It took a person/group like Satoshi with “range” and interdisciplinary vision to discover #Bitcoin .
Maybe Satoshi had “range” & interdisciplinary vision that Adam lacks.
The reason I say this now is because we have to Steelman #Bitcoin .
Drivechains are a clear modification to the miner Block Reward schedule. Changing miner incentives changes the game theory of #Bitcoin in ways we don’t fully understand.
To suggest we “need” Drivechains on #Bitcoin or that Drivechains will improve #Bitcoin before doing thorough building and/or testing of such a system feels very misguided.
We need to zoom out appreciate the #Bitcoin Goldilocks zone.
Also, side note… it is odd to me that so many of the famous cypherpunks are public facing and don’t use Nyms.
Szabo, Dai, Finney, Back, May… no Nyms?
Why doesn’t Adam Back use a Nym to talk about #Bitcoin ?
Surely his skills & knowledge would not be held back by using a Nym.

2023-08-23 17:35:36

Ignore the $ price voodoo pseudoscience.
Measure your #Bitcoin stack against your remaining life expectancy.
Compare/evaluate #Bitcoin S2F & Difficulty relative to Cattle S2F & Difficulty.
Measure #Bitcoin scientifically relative to objective reality & objective measures.

2023-08-06 19:20:17

Is it possible that the accumulation of mental stress + isolation from lockdowns + COVID + vaccines + unhealthy eating + low sun exposure all contributed to excess deaths in the wake of the COVID pandemic?
Perhaps a confluence of bad ideas created a perfect storm of bad health?

2023-08-03 20:05:37

#Bitcoin motivates you to defer consumption, which motivates you to fast, which helps you get healthier, which helps you get wealthier & wiser…
Health, wealth, and wisdom gives you endorphins. Endorphins make you happy.…
https://youtu.be/TjrBdKXgYFY

2023-08-01 12:41:25

- reply

Bombadil already has it all. He’s self sufficient. He’s got Goldberry. He’s got the Old Forest. He has no need for #Bitcoin. He can just barter with people if he really wants to trade with them.

2023-07-30 15:56:37

If Big Bruv ever targets me in a totalitarian take-over scenario just for being a #Bitcoin believer, all I ask is for a similar level of leniency, due process, forgiveness, & respect for privacy afforded to Hunter Biden during his difficult time.
I remain long Satire & #Bitcoin.

2023-07-29 11:14:03

Luke Skywalker: We'll never get it out now!
Yoda: So certain are you. Always with you it cannot be done. Hear you nothing that I say?
Luke Skywalker: Master, moving stones around is one thing. This is totally different.
Yoda: No! No different! Only different in your mind. You must unlearn what you have learned.
Luke Skywalker: Alright, I'll give it a try.
Yoda: No! Try not! Do, or do not. There is no try.
Do #Bitcoin my friends.

2023-07-28 18:53:01

I've tried to rally Jews, Christians, & Muslims to #Bitcoin because they can't be faithful to their religions without honest money.
Next target? LOTR Nostr, because, I mean, can you even be a Tolkien disciple, & not be a Bitcoiner?
#Bitcoin is a light in dark places.

2023-07-27 00:42:12

#Bitcoin synchronizes and coordinates human economic activity in a way that J-Clown and The Fed can only dream about.

2023-07-25 02:45:48

A fundamental pillar of Taoism is the concept of Wu Wei. In English, Wu Wei, is understood as “inaction” or “effortless action” or a “perfect efficaciousness and the realization of a perfect economy of energy.”
#Bitcoin is leading humanity on a path towards Wu Wei.

2023-07-24 15:59:33

- reply

You got a personalized list?

2023-07-23 21:00:00

Earth continues to rotate and orbit around the Sun regardless of the stupid drama and Pathos of Humanity.
I want my Money to be kinda like that… as predictable as a Sunrise.
#Bitcoin is a beautiful Sunrise for Humanity.
A New Day. Wu Wei.

2023-07-20 17:54:11

If a Man can be a Woman, then #Bitcoin can be my Religion.
And if you don’t like it, then you can fuck off.

2023-07-07 01:41:43

If Perpetual Undeclared War violates my religion, then taxing me to fund Perpetual Warfare is a violation of my First Amendment rights, yes?
If Income Taxes violate my religious beliefs, then income taxes are a violation of my First Amendment Rights, yes?
#Bitcoin.