Builder-philosopher at the intersection of money, media & technology ⚡️ Host @ https://xitter.cf/t.co/ItXTclMDu1 (4M+ views) 🎙️ Thinking out loud

Joined June 2009
Ridiculously good explainer why Bitcoin is for Millennials, by @NotebookLM based on my book manuscript🤯👀
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BFM294 w/ @MatousLed is live!⚡️ ”My core belief? Inflation is THEFT”. We discuss: 🔸The saver’s hidden second job 🔸When homes become investments 🔸The risk of chasing yield 🔸How to handle volatility 🔸Saving vs investing 🔸Who owns the Bitcoin 🔸Why self-custody matters
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“It’s the Russians and evil social media, totally not our unbridled spending spending and all time high debt to GDP that broke our country. trust me bro”
AN UNMITIGATED DISASTER IN FRANCE FRENCH BOND CRISIS ACCELERATES GOOD MORNING, COUNT YOUR BLESSINGS
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All crypto “replicas” of Bitcoin + the proliferation of AI that will copy and reverse engineer any digital product, service and asset, will actually substantiate the unique and immutable properties of Bitcoin that can’t be replicated. Bitcoin is a once-in-humanity discovery. FEW
New bitcoin bull case just dropped. Lab-grown diamond killed diamonds. Lab-grown gold will kill gold. Replicas of bitcoin, even with its exact same characteristics, have never been able to kill bitcoin. Context: a company was just able to alchemize mercury into provable gold.
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What happens if a US Treasury auction fails? @jameslavish explains👇
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For all the commies
Even if it were possible for the IRS to seize every dollar from every billionaire in America, it would total about $9 trillion and only run the federal government for roughly 15 months. The problem has to do with spending.
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Macron attacks Trump: "France was not invaded by hordes of Muslim immigrants. Those images are false, it's AI and foreign manipulation."
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Bram Kanstein retweeted
"80% of a home's valuation is money hiding from inflation" Real estate expert @leonwankum explains why👇
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Let’s put some Bitcoin toward funding these guys
Last month, we demonstrated high-rate alchemy: turning mercury into real, stable gold, beating CERN’s record by a factor of 10. Last week, we enriched isotopes in the world’s most powerful plasma centrifuge, beating the Soviet record that stood for 40 years. Now, we’re building a fusion reactor in San Francisco to achieve record power density.
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Study Stay humble Stay solvent Stack sats
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Our view is if viewed scientifically and rationally (which is psychologically difficult!) that money should have the function of a standard of measurement and thus that it should become comparable to the watt or the hour or a degree of temperature. buff.ly/2SHyWrE
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Bitcoin goes to zero. Your principal is protected. Rising rates usually hurt bonds. For a new Bitcoin Bond, they mean more Bitcoin. Here’s how. At issuance, Treasury yields and the bond’s term determine how much capital is needed to support the capital-recovery target. Higher yields shrink that number, leaving more room for Bitcoin exposure. The Treasury leg’s interest and repayment do the rebuilding. The Bitcoin leg carries the upside, with no stated return ceiling. You get Bitcoin’s upside on top of a repayment plan built from Treasury cash flows. Build the floor with Treasuries. Let Bitcoin open the ceiling ⚡ Episode 2 of our 12-part series breaks it down in 2 minutes 👇 The first Bitcoin Bond auction goes live November 16. Register now for the free LIVE Bitcoin Bond webinar, hosted by our founder, CJK: peoplesreserve.com/bitcoin-b… Build Wealth Smarter.
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Bitcoin goes to zero. Your principal is protected. Rising rates usually hurt bonds. For a new Bitcoin Bond, they mean more Bitcoin. Here’s how. At issuance, Treasury yields and the bond’s term determine how much capital is needed to support the capital-recovery target. Higher yields shrink that number, leaving more room for Bitcoin exposure. The Treasury leg’s interest and repayment do the rebuilding. The Bitcoin leg carries the upside, with no stated return ceiling. You get Bitcoin’s upside on top of a repayment plan built from Treasury cash flows. Build the floor with Treasuries. Let Bitcoin open the ceiling ⚡ Episode 2 of our 12-part series breaks it down in 2 minutes 👇 The first Bitcoin Bond auction goes live November 16. Register now for the free LIVE Bitcoin Bond webinar, hosted by our founder, CJK: peoplesreserve.com/bitcoin-b… Build Wealth Smarter.
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Bram Kanstein retweeted
The Fundamental Bull Case for Bitcoin Explained in 29 Minutes Timestamps: 00:00 The fundamental bull case for Bitcoin 00:41 Why saving pushes us into investing 01:39 Barter and the emergence of money 04:24 The 5 properties of good money 05:43 Rai stones and glass beads 07:03 Rome: silver content falls from 94.5% to 5% 07:29 Gold’s 5,000-year monetary history 08:15 How credit becomes money 09:18 2% inflation vs. 6.7% money supply growth 10:43 Who gets the new money first? 11:38 Government debt and the interest-rate trap 13:13 Stocks, real estate, and the scarcity problem 15:35 Homes, gold, and stocks priced in Bitcoin 16:00 Bitcoin’s 21 million supply limit 16:41 Supply growth: dollars vs. gold vs. Bitcoin 17:08 Why more mining can’t increase issuance 18:31 Copying Bitcoin’s code and its network effects 19:26 Self-custody and verifying your Bitcoin 20:18 How credit expands demand for assets 21:20 Bitcoin as 24/7 collateral 22:11 AI, abundance, and absolute scarcity 23:06 Institutional adoption is getting started 24:00 Bitcoin volatility: 170% to 44% 24:43 Digital credit: income and amplified Bitcoin 25:42 Could quantum computing threaten Bitcoin? 26:44 Could AI break Bitcoin’s cryptography? 27:22 Energy, government bans, and intrinsic value 27:53 Bitcoin’s potential share of global wealth
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It’s called BITCOIN
NEW: Elon Musk predicts money will become obsolete as energy becomes the currency of the future.
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A Declaration of the Independence of Cyberspace - by @JPBarlow, written February 8, 1996 (!) Governments of the Industrial World, you weary giants of flesh and steel, I come from Cyberspace, the new home of Mind. On behalf of the future, I ask you of the past to leave us alone. You are not welcome among us. You have no sovereignty where we gather. We have no elected government, nor are we likely to have one, so I address you with no greater authority than that with which liberty itself always speaks. I declare the global social space we are building to be naturally independent of the tyrannies you seek to impose on us. You have no moral right to rule us nor do you possess any methods of enforcement we have true reason to fear. Governments derive their just powers from the consent of the governed. You have neither solicited nor received ours. We did not invite you. You do not know us, nor do you know our world. Cyberspace does not lie within your borders. Do not think that you can build it, as though it were a public construction project. You cannot. It is an act of nature and it grows itself through our collective actions. You have not engaged in our great and gathering conversation, nor did you create the wealth of our marketplaces. You do not know our culture, our ethics, or the unwritten codes that already provide our society more order than could be obtained by any of your impositions. You claim there are problems among us that you need to solve. You use this claim as an excuse to invade our precincts. Many of these problems don't exist. Where there are real conflicts, where there are wrongs, we will identify them and address them by our means. We are forming our own Social Contract. This governance will arise according to the conditions of our world, not yours. Our world is different. Cyberspace consists of transactions, relationships, and thought itself, arrayed like a standing wave in the web of our communications. Ours is a world that is both everywhere and nowhere, but it is not where bodies live. We are creating a world that all may enter without privilege or prejudice accorded by race, economic power, military force, or station of birth. We are creating a world where anyone, anywhere may express his or her beliefs, no matter how singular, without fear of being coerced into silence or conformity. Your legal concepts of property, expression, identity, movement, and context do not apply to us. They are all based on matter, and there is no matter here. Our identities have no bodies, so, unlike you, we cannot obtain order by physical coercion. We believe that from ethics, enlightened self-interest, and the commonweal, our governance will emerge. Our identities may be distributed across many of your jurisdictions. The only law that all our constituent cultures would generally recognize is the Golden Rule. We hope we will be able to build our particular solutions on that basis. But we cannot accept the solutions you are attempting to impose. In the United States, you have today created a law, the Telecommunications Reform Act, which repudiates your own Constitution and insults the dreams of Jefferson, Washington, Mill, Madison, DeToqueville, and Brandeis. These dreams must now be born anew in us. You are terrified of your own children, since they are natives in a world where you will always be immigrants. Because you fear them, you entrust your bureaucracies with the parental responsibilities you are too cowardly to confront yourselves. In our world, all the sentiments and expressions of humanity, from the debasing to the angelic, are parts of a seamless whole, the global conversation of bits. We cannot separate the air that chokes from the air upon which wings beat. In China, Germany, France, Russia, Singapore, Italy and the United States, you are trying to ward off the virus of liberty by erecting guard posts at the frontiers of Cyberspace. These may keep out the contagion for a small time, but they will not work in a world that will soon be blanketed in bit-bearing media. Your increasingly obsolete information industries would perpetuate themselves by proposing laws, in America and elsewhere, that claim to own speech itself throughout the world. These laws would declare ideas to be another industrial product, no more noble than pig iron. In our world, whatever the human mind may create can be reproduced and distributed infinitely at no cost. The global conveyance of thought no longer requires your factories to accomplish. These increasingly hostile and colonial measures place us in the same position as those previous lovers of freedom and self-determination who had to reject the authorities of distant, uninformed powers. We must declare our virtual selves immune to your sovereignty, even as we continue to consent to your rule over our bodies. We will spread ourselves across the Planet so that no one can arrest our thoughts. We will create a civilization of the Mind in Cyberspace. May it be more humane and fair than the world your governments have made before.
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"80% of a home's valuation is money hiding from inflation" Real estate expert @leonwankum explains why👇
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Bitcoin is Scientific First precisely scientific standard in monetary history
"In science you need to understand the world; in business you need others to misunderstand it." - Nassim Nicholas Taleb in The Bed of Procrustes
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