hayekian
Hayekian

₿ ⚡️∞/21M - Immutable digital scarcity

Public Key

npub1wun9llrplxmt9qw9sjljm0pjtmhs9c5jy752mwxw8ke0h02z9lmqcu3l7u

NIP-05 Address

hayekian@primal.net

NIP-57 Address

hayekian@primal.net

Profile Code

nprofile1qqs8wfjll3slnd4js8zcf0edhse9amczu2fz029dhr8rmvhmh4pzlasc8w7rl

Author Public Key

npub1wun9llrplxmt9qw9sjljm0pjtmhs9c5jy752mwxw8ke0h02z9lmqcu3l7u

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Last Notes

2025-02-23 18:41:59

A Bitcoin Strategic Reserve is not the answer.
The moment a government holds Bitcoin as a reserve, it centralizes control over an asset designed to be decentralized. It strengthens the very system Bitcoin was created to replace.
Governments holding Bitcoin do not give power to the people, they give themselves a hedge while continuing to debase their fiat currency. They still print, they still tax, they still control. The people remain trapped in the same system, only now with a government-backed Bitcoin price floor that serves the state, not the individual.
Bitcoin was not made to be stockpiled by central banks. It was made to be used. As currency, as a tool of self-sovereignty, as a weapon against state overreach.
The solution is not a government reserve, it is the separation of money and state. A system where no central authority can control issuance, manipulate supply, or inflate away value.
Not a new reserve. A new system. One where Bitcoin is the national currency, where governments cannot print, cannot manipulate, cannot steal through inflation.
Power belongs to the people, not to the state. Anything less is just a more sophisticated form of control.

2025-01-01 03:47:18

Happy New Year Bitcoiners! Let the 2025 start the peaceful revolution!

2024-12-31 03:11:17

@npub1jlr…ynqn this one is for you…
Happy New Year everyone!
https://fountain.fm/episode/mU8ar4DK6RdUS8aEl7Yj

2024-12-25 03:55:02

See you again in 11 months motherfuckers
https://m.primal.net/NFrD.jpg

2024-12-24 20:25:44

- reply

It depends on your level of education, experience and stack size I would say, for most individuals the simplicity of single sig combined with the additional protection layer if the passphrase is still the most feasible option.

2024-12-24 18:12:14

“Bitcoin doesn’t need your intellectual acceptance. Your self interest will force you to use it sooner or later whether you like it or not.” - Saifedean Ammous

2024-12-24 16:44:12

Satoshi took the path humility…
“Let the same mind be in you that was in Christ Jesus, who, though he was in the form of God, did not regard equality with God as something to be exploited, but emptied himself.”

2024-12-22 23:52:20

Bitcoin is not for everybody, it’s for anybody.

2024-12-18 14:02:35

Not yet, it’s too early… Go away and come back later.
https://m.primal.net/MznD.png

2024-12-17 05:17:06

Decentralized and Self-Sovereign:
💵Money - bitcoin.org
🤼Social Media - nostr.org
📱Text Messaging - meshtastic.org
🗄️Storage - ipfs.com
🗣️Chat - matrix.org

2024-12-17 03:59:19

Just let that sync in…
https://m.primal.net/MyWX.jpg

2024-12-11 16:00:35

Bitcoin is a better investment than Swiss hotels or restaurants or car factories because bitcoin is offering a far more valuable product to the world: a replacement for central banks. Since central banks are the absolute worst, most criminal and most destructive thing on earth, there is an enormous market reward for anyone that can put offer people an alternative. When you buy bitcoin, you are growing the bitcoin pool of liquidity and offering people a money better than central bank slavery. You're making bitcoin better and the market rewards you for your investment. The world needs a central bank replacement a lot more than Switzerland needs another hotel.

2024-11-17 15:48:10

It's easy to HODL if you simply hate the government and central banks more than you love money. This mindset makes it psychologically painful to sell BTC.

2024-11-11 01:39:35

Not playing around anymore, just securing sats. Don’t care about the bells and whistles of the tech.

2024-11-10 21:50:38

It is objectively hilarious that a bunch of terminally online kids have outperformed professional hedge fund managers for a decade by simply buying imaginary internet coins.

2024-11-10 13:55:30

BREAKING: All negotiations between Wall St. and Bitcoin officials have failed.
Bitcoin node runners will NOT increase daily issuance of 450 BTC to meet new demand.
Supply shortage is imminent.
Bitcoin officials are advising everyone to save sats immediately.

2024-10-29 01:41:37

- reply

Sao Paulo. Where you going?

2024-10-20 21:02:45

A Cypherpunk's Manifesto by Eric Hughes
Privacy is necessary for an open society in the electronic age.
Privacy is not secrecy. A private matter is something one doesn't
want the whole world to know, but a secret matter is something one
doesn't want anybody to know. Privacy is the power to selectively
reveal oneself to the world.
If two parties have some sort of dealings, then each has a memory of
their interaction. Each party can speak about their own memory of
this; how could anyone prevent it? One could pass laws against it,
but the freedom of speech, even more than privacy, is fundamental to
an open society; we seek not to restrict any speech at all. If many
parties speak together in the same forum, each can speak to all the
others and aggregate together knowledge about individuals and other
parties. The power of electronic communications has enabled such
group speech, and it will not go away merely because we might want it
to.
Since we desire privacy, we must ensure that each party to a
transaction have knowledge only of that which is directly necessary
for that transaction. Since any information can be spoken of, we
must ensure that we reveal as little as possible. In most cases
personal identity is not salient. When I purchase a magazine at a
store and hand cash to the clerk, there is no need to know who I am.
When I ask my electronic mail provider to send and receive messages,
my provider need not know to whom I am speaking or what I am saying
or what others are saying to me; my provider only need know how to
get the message there and how much I owe them in fees. When my
identity is revealed by the underlying mechanism of the transaction,
I have no privacy. I cannot here selectively reveal myself; I must
_always_ reveal myself.
Therefore, privacy in an open society requires anonymous transaction
systems. Until now, cash has been the primary such system. An
anonymous transaction system is not a secret transaction system. An
anonymous system empowers individuals to reveal their identity when
desired and only when desired; this is the essence of privacy.
Privacy in an open society also requires cryptography. If I say
something, I want it heard only by those for whom I intend it. If
the content of my speech is available to the world, I have no
privacy. To encrypt is to indicate the desire for privacy, and to
encrypt with weak cryptography is to indicate not too much desire for
privacy. Furthermore, to reveal one's identity with assurance when
the default is anonymity requires the cryptographic signature.
We cannot expect governments, corporations, or other large, faceless
organizations to grant us privacy out of their beneficence. It is to
their advantage to speak of us, and we should expect that they will
speak. To try to prevent their speech is to fight against the
realities of information. Information does not just want to be free,
it longs to be free. Information expands to fill the available
storage space. Information is Rumor's younger, stronger cousin;
Information is fleeter of foot, has more eyes, knows more, and
understands less than Rumor.
We must defend our own privacy if we expect to have any. We must
come together and create systems which allow anonymous transactions
to take place. People have been defending their own privacy for
centuries with whispers, darkness, envelopes, closed doors, secret
handshakes, and couriers. The technologies of the past did not allow
for strong privacy, but electronic technologies do.
We the Cypherpunks are dedicated to building anonymous systems. We
are defending our privacy with cryptography, with anonymous mail
forwarding systems, with digital signatures, and with electronic
money.
Cypherpunks write code. We know that someone has to write software
to defend privacy, and since we can't get privacy unless we all do,
we're going to write it. We publish our code so that our fellow
Cypherpunks may practice and play with it. Our code is free for all
to use, worldwide. We don't much care if you don't approve of the
software we write. We know that software can't be destroyed and that
a widely dispersed system can't be shut down.
Cypherpunks deplore regulations on cryptography, for encryption is
fundamentally a private act. The act of encryption, in fact, removes
information from the public realm. Even laws against cryptography
reach only so far as a nation's border and the arm of its violence.
Cryptography will ineluctably spread over the whole globe, and with
it the anonymous transactions systems that it makes possible.
For privacy to be widespread it must be part of a social contract.
People must come and together deploy these systems for the common
good. Privacy only extends so far as the cooperation of one's
fellows in society. We the Cypherpunks seek your questions and your
concerns and hope we may engage you so that we do not deceive
ourselves. We will not, however, be moved out of our course because
some may disagree with our goals.
The Cypherpunks are actively engaged in making the networks safer for
privacy. Let us proceed together apace.
Onward.
Eric Hughes
<hughes@soda.berkeley.edu>
9 March 1993

2024-10-20 20:57:55

Privacy and open society requires cryptography
https://fountain.fm/episode/pfYhlzKIn9tHHcMPzO0L
https://m.primal.net/LcVh.jpg

2024-10-16 10:37:58

Do not let the inflation monster eat your pig bank
https://youtu.be/_5k4EzI8Juc?si=mLavUFda9Tj-NhUZ

2024-10-15 10:39:27

What we think is what we become.

2024-09-22 19:55:40

#Bitcoin, any opnions acceptable. How good hashgraph on gossip protocol really is?

2024-09-22 16:51:01

Must watch to understand how bad the legacy system is today
https://youtu.be/iFDe5kUUyT0?si=wKauTh8V1PH4zR8I

2024-09-15 14:02:34

"One in seven Americans hold #Bitcoin. They're in every congressional district. They are in every party. They are part of every political ideology. We're everywhere. We are everywhere and we are many in number.”

2024-09-13 01:58:46

Stay humble and stack sats. Time in the market beats timing the market.

2024-09-10 01:26:04

Bitcoin is about to shock the world for the fourth time. Do not get left behind…

2024-09-06 23:32:21

Running a private relay…

2024-02-11 19:19:33

Mind boggling...
#note1lwt…eh3g

2024-02-11 19:11:07

Your life will improve on Bitcoin standard.

2024-01-18 02:39:56

- reply

that looks like a beach back in home town 😀

2024-01-17 00:04:59

3rd Texas Curtailing on the grid in the last two days 🙃

2024-01-13 18:41:40

Bought my first BTC back in 2017. As a HODLer I'm happy to finally start hashing my on non KYC #Bitcoin
https://m.primal.net/HXjx.jpg

2023-12-21 02:55:48

What is the US government's strategy for dealing with #Bitcoin ?
It can seem confusing at first. On the one hand you have @SenWarren crusading against self-custody of Bitcoin (and all of crypto). On the other hand, you have the biggest firms on Wall Street bringing Bitcoin spot ETFs to market.
What's going on? Are these two opposing forces? Or is this part of a bigger plan to undermine Bitcoin in some way?
Let's dive in. 👇
First, we have to remember that the US government is, and has been, closely involved with large corporate interests. It's no secret that corruption in Washington runs deep. So, what are a sitting US senator and the largest asset managers on Wall Street cooking up together?
What's in BlackRock's best interest is for the price of #BTC to perform extremely well, and for people to participate in this price performance through their ETF products. They want to sell paper BTC and hodl it for you. Remember, the more BTC they hold, and the higher the price goes, the more fees they collect.
Liz Warren's interests are very much aligned with those of BlackRock and company. If you pay attention to what she's saying, its specifically self-custody that she's against. If it becomes illegal to move spot BTC to self-custody, then the US will have successfully cut off the flow of capital outside of the dollar system.
They're strategy is to let you participate in the NGU, but your capital would remain trapped within their system.
See how this works?
BlackRock gets a huge win in terms of the AUM and management fee windfall, plus the new rules proposed by Warren, if passed, would force everyone else in America into their products forever. This, of course, is a multi-billion dollar annually recurring windfall for these titans of Wall Street. It would cut off competition from newer players like Coinbase and other onramps. And they will have terminated the prospects for future Bitcoiners in America to be self-sovereign unless or until the rules are changed. It's a win win for them. Huge financial win for BlackRock, and a huge regulatory win (e.g. more control and oversight) for Senator Warren.
Always look for the real story. Liz Warren is lying through her teeth and thinks we're too dumb to see it. Or maybe she knows we know, but she just doesn't care. The reason they're going through this trouble has nothing to do with North Korea or Hamas using crypto to fund terrorism and illicit activity. It has everything to do with the fact that Bitcoin is "outside money", and they don't want people owning money which is outside of their control. We have always known Bitcoin is a threat. And we know that Aunty Lizzy has recently cozied up to the banks. So, all of this makes too much sense to ignore. She has sold out the American people and is now working exclusively to protect the interest of the banksters.
Get as much #BTC as you can and get it off of exchanges as quickly as possible. Time is running out.

2023-12-03 13:06:14

- reply

Congrats Fernando, keep up the good work

2023-12-03 00:09:39

Fostering financial sovereignty for the individuals…

2023-12-03 00:07:24

Transforming trust into code, unlocking global financial potential.