Ernst Wittenschläger

https://www.linkedin.com/in/ewittenschlaeger

Libertate Inspirati! Stay'n humble by Pick'n & Stack'n...

Public Key

npub1yefur0vrw83kg2jyjq8r5pr5gx6upjkfzcz76wayk5dqp2c9tqpqa2hd7t

NIP-05 Address

Ernst Wittenschläger@verified-nostr.com

Profile Code

nprofile1qqszv57phkphrcmy9fzfqr36q36yrdwqety3vp0d8wjt2xsq4vz4sqsf3rgh9

Author Public Key

npub1yefur0vrw83kg2jyjq8r5pr5gx6upjkfzcz76wayk5dqp2c9tqpqa2hd7t

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Last Notes

2024-09-05 18:03:15

#bitcoin #draintheswamp #nostr #Elon
https://youtu.be/5YyGXgDG_i4?si=NPQxYGBt7LkEaCbb

2024-09-05 14:37:21

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That's works, depending on the cost of debt of #bitcoin. If #bitcoin becomes the "risk free" asset, then the yield on the debt should be very very low.

2024-09-01 04:55:24

☕️ GM fellow #plebes. #nostr https://image.nostr.build/9a746158b19381938ba6997c195404f4557976e34e8d5f6fabd9a30eeade108a.jpg

2024-08-31 18:02:57

Do any of you #nostriches or #plebes know the source of this #btc wealth pyramid? If so, please share. https://image.nostr.build/753f127d71f2f7be010cab3ee7b56df0f1ba16d1590da1b7df49ef88c564731f.jpg #nostr #bitcoin

2024-08-31 15:31:22

Quit #nostr surfing & go touch grass! 🇨🇭 #bitcoin #schweiz #outdoors https://image.nostr.build/a187f634a350347088f3695a1e1c8aefe368264183fd23a5998583983e38296b.jpg https://image.nostr.build/26918760039b8bb36b57e31136992b8563ad344eaef3a0bdf2dd482d19b84d8b.jpg

2024-08-31 05:58:19

☕️ GM #Nostr friends! https://image.nostr.build/20dcb568f445e1f61a74b367abf6fcb088c9da109c51dfbe59981a65837d59cd.jpg 🇨🇭

2024-08-29 07:08:20

GM #nostr 🇨🇭 https://image.nostr.build/3ccbe9982be3c1ee804fbec9c3873d7b5f41f832ac233383b9d7f1ed22c86e8b.jpg

2024-08-28 18:41:54

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Ignorant people with power = disaster.

2024-08-28 17:18:56

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It happens.

2024-08-27 03:33:48

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Nice work! I've got a KX-2 for SOTA, QRP is the way to go! 73 from 🇨🇭 , HB9GUF

2024-08-26 16:31:19

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Thanks for sharing - very cool! I'd never heard of RNode until now. I'm using Meshtastic & APRS at the moment. These new modulation methods are really incredible. 73, HB9GUF

2024-08-26 06:35:11

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What alternatives do you see? For example: In the Ham Radio world, we have multiple redundant frequency- bands and modulation methods to communicate in case of a grid-down scenario. #hamradio

2024-08-25 18:13:36

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Good point. The great unknown awaits. #bitcoin

2024-08-22 19:04:57

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If it was in the 🇺🇸, then it was the state Governor's car.

2024-08-22 18:10:45

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Hanging on for dear life aboard the Bayesian - sure glad you guys made it off ok!

2024-08-20 20:18:11

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Thanks Jeff. Would be interesting to dive deeper into what "investing" would looking like under a BTC standard (BTC as a MOE): How could bonds (issuing debt) be valued based on those holding BTC on layer-2 (would today's cost-of-debt, cost-of-capital, WACC equations apply?)? If there is no debt-issuance, how can debt be created - or should it? Would we forego debt all together and only have equity? In your example: Investing in Ego Death, Fediment, etc.: we're purchasing shares (ok, maybe convertible notes that turn into shares....but go with it..) with no guarantee, promise or backing of a return or yield (the investor owns 100% of the risk) Would we just cancel debt-instruments and only have 1. BTC as MOE & 2. Equity (shares)? Is it even possible (under a BTC-standard) to issue equity without debt? What does that look like? As you say, it's hard to see the system, when you're in the system....in this case, it's difficult to calculate how, exactly, capitalism (debt/equity issuance) will function under a BTC standard - would today's financial mathematics even apply in a future BTC world?

2024-08-20 17:09:40

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Not true. There's ample evidence in history of sound monetary systems (gold/silver-backed) where savers would would invest (purchase debt or equity) in capital projects which would deliver their original principle + yield + on-top profits for the banks & entrepreneurs. The British Pound in late 19th and early 20th century is a prime example: people would purchase the British Gilt which would yield a 6% return. Of course, eventually, the BOE f'd it up and printed "paper" against the pound (literally a pound of silver metal) to pay the yield to the depositors, which ended in catastrophe!
My question remains: is it possible on a BTC standard (21M) to offer a yield against risk? What could that look like? Of course, it will likely never be "6% yield, fully backed!" - but what could it be? What could it look like? Or, are we relegated to the fact that BTC can ONLY be a medium of exchange: no yield, no investments, no capital, just MOE...?

2024-08-20 03:16:49

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Would be interested to learn more about how to xmit BTC using Ham radio. Which modes could be used? I assume the TCP/IP layer is still required at some point in the process? Knowing that Ham radio is not (may not be) encrypted, would your private keys be exposed if you tried to send BTC to another wallet via the Ham bands? Digital modes are getting better & better - I especially like LORA/Meshtastic - Very cool stuff - 73, Ernie, HB9GUF

2024-08-14 19:33:39

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Could you please ask him to elaborate how his POV differs from Saylor regarding "Medium of Exchange" vs. "Digital Property"? Also: Jeff does not believe BTC can be/should be financialized (no earning yield from BTC!)...can he explain why not?

2024-08-13 23:55:05

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Dolemite Is My Name

2024-08-03 07:05:01

https://youtu.be/wudaDSgI49k?si=GWvIjKrCmMNIN0Vb
"I do believe there's a God, and I do believe he's gonna come down and reap vengeance on all these Fiat Assholes!" L.L.
Awesome interview @nprofile…ruhg - Well done Sir! @Bitcoin

2024-07-30 17:41:26

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"I own a few Satoshis"

2024-07-19 15:35:22

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The Hulkster & Wrestlemania were staples of my childhood - I loved it!

2024-07-19 11:57:42

Two systems not affected by today's Crowdstrike failure: Ham Radio & #Bitcoin!

2024-05-31 04:55:07

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The money would be better spent supporting Layer-2/3 Dev - NOT on a sports club. Liebe Grüsse, a Relai Investor 😉

2024-04-23 14:21:28

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Fended off a grizzy bear and drank whiskey before breakfast - total badass!

2024-04-23 01:04:06

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Meshtastic solves this. https://meshtastic.org/

2024-03-18 08:57:25

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That's why I left (...after serving 15yrs in the USN). Freedom cost a buck-O-five. 'Merica! 🇺🇸

2024-02-18 18:37:46

https://www.forbes.com/sites/digital-assets/2023/11/10/cant-tread-on-me-veterans-bitcoin-and-a-new-mission-after-service/amp/
Don't tread on me
Libertate Inspirati
@npub1s5y…6q7z

2024-02-01 17:27:00

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....but plenty of Psilocybin 🍄

2023-12-29 18:03:50

https://youtu.be/wg3KM6RfEzo?si=N5ceVXo95GVtMa6D
"That's just the way it is"....oh, but don't you believe them! #bitcoin

2023-12-27 04:34:30

https://www.zerohedge.com/political/cbs-news-reporter-makes-dark-prediction-black-swan-event-2024
Operation Mockingbird is alive & well! Get ready for one helluva ride. #Bitcoin

2023-12-23 14:07:30

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Frohe Weihnachten Jeff!

2023-12-13 19:47:00

We could literally have a global nuclear holocaust.....and the S&P would still go up.....incredible. Fix the money. #bitcoin
https://image.nostr.build/a7e34ddc0137418697f76da260f8b7a2ec7fd9da0511c4e77c044f5cb6b10b72.jpg

2023-12-13 17:32:16

What an incredible interview - Well done & Thank you @npub1s5y…6q7z!
https://youtu.be/JoxqSbwWx-c?si=pjzjrtmjrdvG-Ypw

2023-12-11 15:31:04

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In 15 years, self-custody will be as easy & straight-forward as using your smartphone today. The entirety of Gen-Z & Gen-Alpha will be nearly 100% self-custody - They will proliferate self-custody further to the other generations.

2023-12-10 10:55:32

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#1. Fix the money. #2. Make America virtuous again. I recommend reading the essay by Father Sirico: Toward a Free & Virtuous Society: https://www.acton.org/pub/religion-liberty/volume-12-number-2/toward-free-and-virtuous-society
In it, Father's Sirico postulates that a people cannot acquire & maintain Liberty w/out simultaneously maintaining virtue in perpetuity. I agree.

2023-12-09 09:44:17

A Mess 'a Mama's Barbecue!
https://video.nostr.build/cc42a4a02e23c264797ea7a2406af2af0f8ade454fa2ef658337e52b18fe6354.mp4

2023-12-09 07:13:14

It's a beautiful day in the neighborhood, a beautiful day for a neighbor; would you be mine, could you be mine, won't you be my neighbor?