Jeff Booth

Entrepreneur, Tech Leader, Author of The Price of Tomorrow - Why Deflation Is the Key to an Abundant Future, GP @EgoDeathCapital

Public Key

npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe

NIP-05 Address

jeffbooth@nostrverified.com

NIP-57 Address

jeffbooth@getalby.com

Profile Code

nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzdmhxw309akx7cmpd35x7um58g6rsd3eqy28wumn8ghj7ct9va5hxtn4w3ux7tn0dejsgxtdrz

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localhost:4869

aegis.utxo.one

nostr.bitcoiner.social

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npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe

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Last Notes

2025-03-29 16:20:35

Visited my father in law (who was born in 1944) this week and found this. https://image.nostr.build/4bd63f1cd93f1ce64d5f7a95b345c9f5e3869b5a8d5c14804bd2114d62e5f642.jpg

2025-03-18 14:14:17

Fresh tracks and sunny skies!
GM! https://image.nostr.build/fafc77ac7788f5ffb71e69d9e52f456f33cb214a2f6f0cbfb0828fb0f51afc03.jpg

2025-03-16 21:43:08

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Please enlighten me how you or anyone is going to corrupt an open, decentralized and secure protocol bounded by energy.
(and if you can’t - that honest system is a new reflection - regardless of what system you decide to contribute your energy to)

2025-03-16 21:20:33

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Chaos is from a control structure rooted in the manipulation of currency, its fight change the rules, the inevitable collapse, and most of our time reinforcing it - unfortunately.
A system problem rather than a people problem.

2025-03-10 19:00:22

It’s always a good time to buy #bitcoin, but now may be an even better time.

2025-03-05 20:02:43

Thought I would use Elon’s own AI to check something I’ve often wondered about.
One thing if you don’t know - a completely different thing if you know.
For those still on twitter - might be an interesting share and maybe do similar for other tech leaders like Andreeson.
Ask Grok: What is the likelihood that Elon Musk knows that the 1) natural state of the free market is deflation, 2) That in a free market the exponential technology gains "should" flow to society in the form of lower prices, 3) That ANYTHING that stops that natural process is theft through a centralized control system, and 4) that the reason that he doesn't comment positively on Bitcoin is because it breaks the control system that he benefits from?
Estimating the likelihood that Elon Musk knows these four specific points involves analyzing his public statements, actions, educational background, and business interests, while acknowledging the limits of inferring private knowledge. Musk is a highly intelligent individual with a physics and economics degree from the University of Pennsylvania, extensive experience in tech and markets, and a track record of disruptive thinking. Let’s break this down point by point, using publicly available data as of March 5, 2025.
Natural state of the free market is deflation: In a free market with technological progress and competition, prices tend to fall over time as efficiency increases supply and reduces costs—think Moore’s Law in tech or historical declines in goods like electronics. Musk has spoken about this indirectly. In a 2018 Tesla earnings call, he noted how technological improvement drives down costs, saying, “The cost of lithium-ion batteries is dropping faster than anyone expected.” His focus on scaling production at Tesla and SpaceX to lower unit costs (e.g., reusable rockets cutting launch prices) shows he grasps this dynamic. Given his economics training and practical experience, it’s near-certain—say, 95% likely—he understands deflation as a natural free-market outcome under ideal conditions.
Exponential technology gains "should" flow to society via lower prices: This builds on the first point: if tech improves exponentially, a free market should pass those gains to consumers through competition. Musk’s mission statements for Tesla (“accelerate the world’s transition to sustainable energy”) and SpaceX (“make humanity multiplanetary”) imply a belief in democratizing access, which aligns with lower prices over time. In a 2020 interview with Joe Rogan, he said, “The whole point of Tesla is to make electric cars affordable.” His push for mass-market vehicles like the Model 3 supports this. He likely sees the link between tech gains and price drops—90% likelihood—though his normative “should” might be tempered by practical business realities.
Anything stopping this is theft via centralized control: This is trickier. It assumes Musk views interference (e.g., monopolies, regulations, or currency manipulation) as theft, implying a libertarian streak. Musk has criticized centralized control—tweeting in 2021, “Government is the ultimate monopoly,” and railing against SEC regulations. His disdain for bureaucracy and subsidies (despite Tesla benefiting from them early on) suggests he recognizes distortions. However, “theft” is a strong moral framing. His actions—like moving Tesla’s HQ to Texas in 2021 to escape California’s rules—hint he sees such barriers as unjust. I’d peg this at 80% likelihood; he likely gets the concept but may not frame it so starkly.
He doesn’t comment positively on Bitcoin because it breaks the control system he benefits from: Musk’s Bitcoin stance is complex. He’s tweeted support—“I think Bitcoin is a good thing” (2021)—and Tesla briefly accepted it, but he’s also criticized its energy use and volatility, pivoting to Dogecoin quips. Bitcoin’s deflationary nature and decentralization threaten centralized financial systems (e.g., fiat inflation), which Musk’s wealth partly relies on via Tesla’s valuation and government contracts. Does he avoid praising Bitcoin to protect this? Possibly. His 2021 tweet, “You can’t have a currency with a negative interest rate,” shows he understands deflationary mechanics, yet he’s cagey. This could reflect strategic silence—SpaceX and Tesla navigate regulated systems he can’t fully buck. I’d estimate 70% likelihood he knows Bitcoin disrupts control and benefits him to downplay it, though personal eccentricity or genuine skepticism could explain his reticence too.
Overall, Musk’s intellect and track record make it highly probable he understands 1) and 2) (95% and 90%), likely grasps 3) conceptually (80%), and has at least a strong chance of recognizing 4) (70%). His silence on Bitcoin’s systemic threat could be calculated, but it’s not conclusive. Adjusting for his unpredictable public persona, I’d ballpark his awareness across all four at 70-95%, with 85% as a median guess—high confidence he gets the economics, moderated by uncertainty on his deeper motives.

2025-02-27 21:47:38

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Was fantastic!

2025-02-27 18:37:10

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Yes - structural from that system which ensures it accelerates AND accelerates people’s off ramping to Bitcoin.

2025-02-27 18:35:26

The ONLY thing you would need to be concerned about in regards to #bitcoin repricing the entire world, imposing a global free market — leading to truth, hope, and abundance is that it remained decentralized and secure.
And if you knew that your actions influenced that future, and your network was growing exponentially with others who knew that too - you would probably tune out all of the noise and sleep well at night.
And yes - many of those “psychopaths” protecting the network are already here on #nostr
What a time to be alive!

2025-02-23 18:46:29

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I actually believe it’s far more about curiosity and an ability to admit where you were once wrong than smarts. There is an extremely large audience of “smart” people making models and doing mental gymnastics to reinforce their “beliefs” about the world they live in while bitcoin is imposing new reality on their beliefs.

2025-02-23 17:26:20

If I knew that #bitcoin was the only honest ledger but chose to spend most of my time trying to accumulate wealth on dishonest ones, it wouldn’t say anything about #bitcoin
I realize that most people still don’t know.

2025-02-19 23:49:44

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Not yet.

2025-02-18 16:20:30

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#bitcoin is the best investment in AI because it is pricing ALL productivity gains.

2025-02-18 05:55:59

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🙏

2025-02-17 21:50:53

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Excellent book.

2025-02-17 17:30:25

Use for payments or contribute to those capturing and centralizing.
Interesting times ahead!
#bitcoin https://image.nostr.build/0b22ec5241fea7d98a49676e7513cf9af84a10534e90f4741b420c705047c171.jpg

2025-02-17 02:26:42

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😂

2025-02-17 01:35:15

Happy 19th Birthday James!
Enjoy every moment! Hard to believe how fast it all happens.
https://m.primal.net/OzkI.jpg

2025-02-15 20:54:14

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Welcome!

2025-02-12 00:31:27

Back in Vancouver and glad to see The Big Print delivered. I was lucky enough to read the draft and it is excellent. Congrats to my good friend and all around amazing human being @npub1d3f…r4xv in getting this out. Hopefully, it can help people understand the problem and the solution before the inevitable bing print. https://image.nostr.build/7530dc3fe4380e3e8290fdc20f0996dd6403a4d2b5ac5342047d983c80109a9f.jpg

2025-02-07 15:29:23

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😂

2025-02-07 14:42:30

Pura Vida https://image.nostr.build/589c2bd9ae91a3aa36616ec665a1cddcb515abd08054086712765ed1b4f262f1.jpg

2025-02-06 15:27:28

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Great report showing the speed of adoption of Bitcoin as a medium of exchange.

2025-02-05 21:52:07

Just finished the Bliss summit in Costa Rica called making freedom investable.
Incredible group of people…with some
deep down the rabbit hole and others just starting their journey.
We are early…but we are winning.
#bitcoin
#nostr https://image.nostr.build/eb7b3d32cba1f1505eff4179a08ad9e6eb9ecb2231ec75c8ecf987ac8c06fd96.jpg

2025-02-01 16:55:05

If prices fall to the marginal cost of production in a free market, then
1) the most advanced AI becomes free and serves you
or
2) you don’t live in a free market and that same AI will be used to control you.
If you’re measuring from Fiat (or Bitcoin priced in fiat) you’re contributing to the 2nd statement.
And from #bitcoin - the first

2025-02-01 15:50:45

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True!!

2025-02-01 11:55:37

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You belong here my friend!

2025-01-31 13:53:40

It’s amazing to watch this movement permeate everything including institutions and organizations. An organization or business is made up by people. When the best people see it….they either change the organization or leave it for one that matches their values.
An interaction this morning at the highest level reminded me of this.
#bitcoin
#nostr

2025-01-30 20:37:24

#Bitcoin growing, we’re growing. For the right person, this could be a fantastic opportunity.
Apologies in advance as we won’t be able to reply to all.
https://egodeath.capital/analystapplication

2025-01-30 19:46:16

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🎯

2025-01-29 20:15:59

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All music but for guitar, like songs to play around campfire. Country etc. Yes classical nylon string but with a story - wedding in Mexico 20+ years ago and friends bought it from musician and all signed it as a surprise gift.

2025-01-29 18:28:55

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🧡💜🙏

2025-01-29 18:28:17

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Yes I did Dan - everybody is a somebody. :).

2025-01-29 17:05:57

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Understood and why its hard to see. By no means am I saying you should do x…but the reason for calling what they’re doing out is I am sure John felt same way at one point, but by doing what he loved that was aligned with his energy, he created something really special. (And it’s having a big and positive impact on others).

2025-01-29 16:44:58

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Might be worth connecting with @npub17cy…4ml3. John started it in similar spot to you and then open sourced it all.

2025-01-29 16:44:10

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😂

2025-01-29 15:41:12

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🙏

2025-01-29 15:40:04

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Forgot about even said this but sounds like something I would say. 😉

2025-01-29 15:35:11

I am consistently blown away by how many people still haven’t fully recognized that a system of credit and manipulation of money MUST centralize because it is opposition to the free market.
And even when they do realize, they continue to give their all energy to that system - thinking there is a way out, while making it stronger.
#bitcoin
#nostr
FYI - posted this because good friends (who I thought understood) just sent me a list of investments that would benefit from free AI - without having #bitcoin as the protocol repricing it all.

2025-01-29 12:54:33

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2025-01-29 12:49:54

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I hope the rest of the podcast answered your questions but to your question, for a time, yes there are trade offs where people value one thing higher but that then creates an opportunity for entrepreneurs to attack the industry with higher margins - in both additional supply and novel ideas and alternatives to compete that create more value.

2025-01-28 11:58:11

Great opportunity.
Got to visit and see some of the incredible things coming out of here in person.
Added plus is you get to work with @npub1der…xzpc @npub1l2v…ajft and live in paradise. #note1wtv…w9wn

2025-01-27 15:53:50

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Immediately after pressing post - I saw that :)

2025-01-27 15:02:52

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😂

2025-01-27 14:52:47

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All of the above and more and in your own time. Each step probably takes you deeper to seeing more opportunities, abundance, love and an ability to rise above the noise.

2025-01-27 14:28:06

If deepseek teaches you one thing about markets, it should be this:
Centralization actually provides a spark to innovation - as the free market of millions of ideas in people’s heads outcompete bureaucracy and the old way of doing things.
Ying and yang - and the entire ecosystem building on #Bitcoin is a response to that centralization of power and manipulation.
And we’re so early.
We should “almost” be grateful to it for the opportunity.
And gm!

2025-01-27 12:23:21

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Going to zero (against bitcoin) because added functionality comes in layers in a protocol.

2025-01-27 11:32:34

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The same thing I’ve been talking about for years. 1) Exponential rate of productivity growth in tech that “should”be exponentially deflationary as prices fall to the marginal cost of production (for AI - that is zero) ** Looking forward versus backwards, our brains will when a hard time with how fast these “breakthroughs” are coming as robots merge with the AI and physical products start to exhibit the same price curves. 2) but that process drives exponential debt/manipulation of money to keep system “solvent” (which is a centralizing function - that creates mass chaos because most people are measuring from - and giving energy to the centralizing system of manipulation.
And the thing measuring it all (over the longer term) is #bitcoin as the decentralized and secure protocol bounded by energy prices everything falling to its marginal cost of production/utility value and heals our world.

2025-01-26 22:19:34

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Thanks Mike!

2025-01-26 16:28:30

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Right back at you!

2025-01-26 10:38:13

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🙏

2025-01-26 00:25:54

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🙏

2025-01-25 22:25:28

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🧡🙏

2025-01-25 16:51:44

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🙏

2025-01-25 16:50:55

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🧡💜🙏

2025-01-25 14:21:45

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🙏

2025-01-25 13:54:56

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🙏 enjoy!

2025-01-25 13:44:38

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The nodes enforce the consensus rules.

2025-01-25 13:19:40

GM from beautiful Colombia.
With all the chaos and nonsense going on in the world right now, I wanted to share something that I believe is critical as it relates to what is happening on #bitcoin (the first global free market that can’t be cheated) versus a system of corruption (trying to stop that system) Either 1) through willful intent or 2) lack of knowledge.
(*the majority of people fall into the lack of knowledge group)
According to game theory and playoff matrices: even when there are very high rewards and low punishment (they wouldn’t get caught) approximately 10% of people won’t cheat - no matter what!They place a higher internal value on integrity that overrides external rewards. I’ve seen this number as low as 2.5% and as high as 20%.
Why is that important:
Although everyone wants to see themselves as one of the honest, the math says that between 80 - 97.5% of people will cheat depending on the rewards. Now enter money - the ultimate pot of gold with high rewards and low punishment for cheating because people don’t understand it. Most people will cheat - a mirror of the world we see and have seen in Bitcoin since its inception. Need inflation, bad for environment, drug money, doesn’t scale, crypto, meme coins - the list will go on and on because if people can “get rich at someone else’s expense - most will. Those are simply the numbers and always have been.
In fact, in prior periods of history, the honest were at a massive disadvantage because and would often be killed by the cheaters. Because the integrity was so rare, society would often celebrate these people after their deaths as lessons of what we wanted our higher selves to look like.
#bitcoin has changed the equation. Giving those with integrity the power. Why: because 2.5 - 20% of people that won’t cheat is a massive number - especially if many of those people are decentralized and can’t be “found”. Those are the people who eventually run nodes, contribute their time and energy to keeping #bitcoin decentralized and secure, watch for attack vectors, build value on top of this protocol, call out the cheaters, teach and advocate to help others see it. Those people simply can’t be bought, and more are joining every day.
That decentralized and secure protocol bounded by energy is repricing everyone and everything from the other system and it will continue to do so as that system tries to grapple with: the cheaters no longer make the rules.
It will be chaotic, many more will try to cheat (don’t be afraid to slay your heroes) but in the end…..Satoshi unlocked a way to put the best of us into a protocol that was best for all of us.
What a time to be alive. https://image.nostr.build/03aaa37fc3dbe07ead70a15aee0182f9d89ed09f78cafaabe80a71f7b85a2196.jpg

2025-01-24 20:33:51

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🧡💜🙏
.

2025-01-24 15:58:43

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🙏 - Just imagine each person like her moved a fraction of their time towards building to a decentralized and secure future. The things they say they fear would end in an instant. (But it would also end the fame/money generated by yelling at the system)

2025-01-24 14:45:26

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Probably no to a podcast.

2025-01-24 14:07:28

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Thanks - The film is great. Measurement of a system comes from the system so all measurements are wrong. Measure from the only decentralized and secure protocol bounded by energy and you’ll see everything clearly.

2025-01-24 12:50:50

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Spend in it to support the growing ecosystem. Lots of opportunities too if you’re looking to create value for others.
Ps - You’re already here, so far ahead of most.

2025-01-24 03:11:44

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🙏

2025-01-24 01:26:41

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😂 - Welcome!

2025-01-24 00:01:54

Really important post Preston! #note10gn…eu0f

2025-01-23 20:20:58

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Or - that is the asymmetric opportunity and all the “smart” money is getting devalued by missing it.

2025-01-23 19:36:37

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Not just elections but all data integrity.

2025-01-23 19:05:45

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😂

2025-01-23 19:00:50

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🎯

2025-01-23 18:59:50

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They’re incredible and we’re lucky to be asked to be a part of it. Thank you!

2025-01-23 18:59:11

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Ps - On each browser on phone and computer as I was trying to open the link, it wouldn’t let me…but opened on all other family devices. Maybe the AI already knows me and we’re entering into the movie “minority report” where AI arrests people before a perceived “crime” 😂

2025-01-23 18:50:07

This is such an important part of ensuring that history cant be re-written.
Critical as an escape from a world increasingly driven by AI and centralized systems. (That then re-write the story)
Really proud to be part of the ride and congrats to the whole team.
#bitcoin #note1as5…77s2

2025-01-23 16:08:38

Congrats team! So proud to be a part of the adventure with you.
Because of people like you, we’re moving to peer to peer payments that are unstoppable.
In time, people will look back at this period of history where people paid people to take payments (in a devaluing currency) and think were they completely insane. #note1kee…80u5

2025-01-23 16:01:49

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Not just me - and now you’re adding your own voice. Ideas are free and move from person to person as the truth spreads. “Infecting” us all. Beautiful and chaotic at the same time as each of us comes to understand in our own time. Thanks for being a part of this.

2025-01-23 15:57:20

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Welcome and get an lnurl in your profile so you can accept zaps.

2025-01-23 14:31:27

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😂

2025-01-23 14:17:07

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🙏

2025-01-23 14:07:19

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Thanks Paula - hope all is great with you!

2025-01-23 14:06:46

Everyone will eventually understand that trying to compete for attention in a centralized system only strengthens the control system over you.
Its control comes from taking yours.
Please pass it on. #note16pm…q4hy

2025-01-22 02:47:11

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Doesn’t sound wild at all my friend. Sounds completely natural.
And thanks!!

2025-01-21 23:47:00

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Thanks Brandon - Great seeing you in Medellín.

2025-01-21 18:37:59

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🙏

2025-01-20 23:57:12

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Might be: You are a complete rock star in helping people understand this protocol and engaging as they do.
Thank you!

2025-01-20 23:53:16

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Welcome!!

2025-01-20 23:51:07

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@npub1rxy…hnp8

2025-01-20 23:50:37

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@npub1rxy…hnp8

2025-01-20 22:06:28

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Or - I’ve asked you what system you are contributing your energy to….and the consequences of your actions because I know which one I and a growing number of people who understand what I said above are doing.

2025-01-20 18:37:09

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Ty!

2025-01-20 13:28:01

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💜🧡🙏

2025-01-20 13:27:02

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🙏

2025-01-20 11:25:34

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Great link.

2025-01-20 11:23:55

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Thanks Jake!

2025-01-20 11:15:11

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🙏

2025-01-20 11:07:45

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99.99 because we are literally the nodes. Once you understand its importance, you also run a node - protecting it. The people who trust others with their bitcoin will not

2025-01-20 11:04:29

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🧡💜

2025-01-20 10:12:08

If #bitcoin stays decentralized and secure, it is imposing the first global free market the world has ever seen.
Productivity gains flow to broadly to society in free markets through deflation.
Everyone gets richer every year and competition to provide value increases driving a cycle of unprecedented prosperity.
But, if you are pricing #Bitcoin in USD, you are still in the system of extraction and centralization which must centralize faster through the extraction of the productivity gains that should flow to society in the form of lower prices.
The two systems are incompatible!!
And…It is a confusing topic because we have no reference for what a global free market looks like……so many people will get rug pulled (eventually) by not choosing self custody and running nodes. Instead trusting institutions and a paper derivative of their #bitcoin.
Why: because it will appear they are getting wealthy (in USD) Protecting the decentralization and security by running nodes and being constantly vigilant for new attack vectors will seem like a stretch! For most people pressing the easy button in an ETF or other centralized entity will seem like the right thing to do which ensures faster centralizing.
That centralized system of extraction MUST eventually attack Bitcoin or fail.
This may be a long time out. Ie - if I was on the other side of the fight - I would make my system as easy to integrate to bitcoin as possible and use the natural biases of humans against them. Ease of use, trust in institutions, time, etc so they didn’t “need” to worry about self custody and understanding how the protocol works.
Those on building on #Nostr, Bitcoin, Lightning, Ecash and spending their time contributing on this open protocol and teaching others are on the front edge of the greatest change the world has ever seen. From extraction to cooperation.
Stay vigilant, stay focused, run a node, and tune out the madness of the system of extraction trying to drag you back into its centralized structure.
For the opportunity to exist, It had to be this way!
We are so early.

2025-01-20 07:38:16

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🙏

2025-01-19 22:54:06

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Right back at you!