Christopher Baker

Nation State Advisor @JAN3
NodeRunner
Miner
Valuer

Public Key

npub1km3ldk5yvlpy74t6mqfprg50cm7tmpkman2v4w4argz5daprdttstv2kuk

NIP-05 Address

Profile Code

nprofile1qqstdclkm2zx0sj024adsys3528udl9asmd7e4x2h2735p2x7s3k44cpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dsppd2xz

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub1km3ldk5yvlpy74t6mqfprg50cm7tmpkman2v4w4argz5daprdttstv2kuk

Show more details

Last Notes

2026-06-16 10:22:48 CEST

GM everyone!

2026-01-10 17:58:04 CET

GM
Should I be worried about going up with this pilot?
https://blossom.primal.net/0f3837df3b5a2a310e0f1e1fad5e112c691a300837ca0d8199c72e622a21d69e.jpg

2026-01-03 13:42:50 CET

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Wow. GM!

2025-12-30 12:41:51 CET

Gm!

2025-12-25 13:53:16 CET

If it cannot move at network speed, it is not strategic capital.

2025-12-25 12:24:52 CET

GM! Merry Christmas everyone!

2025-12-17 13:24:34 CET

GM!

2025-12-15 19:52:55 CET

Good afternoon!

2025-12-13 16:36:10 CET

GM!

2025-11-26 15:46:26 CET

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Nice. Thank you!

2025-11-26 15:43:18 CET

GM!

2025-11-26 14:48:34 CET

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https://blossom.primal.net/30d9d07061e8dca0e2bc303428383219bd205255e97cf182173b6c264793ffcc.jpg

2025-11-26 14:47:20 CET

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Sent your friend 110k sats

2025-11-25 15:43:05 CET

Gm!

2025-11-24 15:12:43 CET

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GM!

2025-11-24 14:48:26 CET

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GM!

2025-11-24 14:24:58 CET

GM!

2025-11-23 13:49:16 CET

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Hi Maria! Have a great day!

2025-11-23 13:47:17 CET

GM everyone!

2025-11-15 14:41:53 CET

GM!
https://cdn.nostrcheck.me/b6e3f6da8467c24f557ad81211a28fc6fcbd86dbecd4cababd1a0546f4236ad7/dff0599666e9cd5fc6c886e61c5301f93772dcff9b408f02afa627660921f5e8.webp

2025-11-05 11:12:41 CET

GM!

2025-11-05 00:09:22 CET

Good evening everyone.

2025-11-04 13:07:59 CET

Good morning, everyone. What is happening today? Time to escape for a while. El Salvador incoming.

2025-11-03 20:53:04 CET

Good afternoon everyone!

2025-11-03 00:38:15 CET

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Thank you! You too!😘

2025-11-03 00:36:19 CET

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Good night!

2025-10-30 10:35:48 CET

Good morning, everyone. Regardless of your location in the world, I extend my heartfelt wishes for you all to have a bountiful, successful day filled with the happiness that the universe has to offer.

2025-10-29 15:40:44 CET

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Dry powder loaded.

2025-10-29 15:34:14 CET

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GM!

2025-10-29 11:08:27 CET

Good morning everyone!

2025-10-28 01:30:46 CET

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Hi Aida!

2025-10-28 01:29:18 CET

Good evening!

2025-10-27 11:48:45 CET

Gold and Bitcoin Faith Trumps Utility
By Christopher Baker, FRICS – Nation State Advisor, JAN3
Oct 25, 2025, 4:44 PM EDT
The purists among gold advocates jump on every chance to question Bitcoin’s lack of "intrinsic value," claiming gold’s utility gives it superiority. Yet silver’s 562 million troy oz of industrial use, versus gold’s 9.6 million, exposes the flaw. Gold, trading around $4,126/oz, beats silver’s $48.82/oz ratio (85:1) because of faith, not use, nor intrinsic value. Bitcoin mirrors this dynamic.
For Strictly Monetary Use: Gold’s true monetary share is roughly 7%, with the remaining 90% tied to jewelry, investment, and central bank reserves. Bitcoin’s use is not just an asset, a store of value, a hedge against anything, NGU (number-go-up). It can serve any purpose its holder chooses, yet remains 100% money. As @Excellion states, “Bitcoin is energy money.” At a market capitalization of $2.23 trillion ($111,690 per BTC), the winner is clear: Bitcoin’s purity.
Liquidity and Reach: Gold’s tradable supply is roughly 1.8% versus Bitcoin’s fixed 21 million cap. Gold’s $163 billion liquidity tops Bitcoin’s $35 billion, but Bitcoin’s 200x returns and 100-150 million users outpace gold’s 200 million physical plus 50 million paper holders (days/weeks to liquidate paper, 1-7 days for jewelry at 20-50% discount). Winner: Bitcoin.
Faith and Security: Gold depends on trust, custody, and faces confiscation risk. Bitcoin relies on math—23,963 reachable nodes and 425–500 million holders—secured by immutability, security, and energy. Winner: Bitcoin.
User Access: Gold’s bulk limits third-world use; Bitcoin powers remittances in Nigeria, Vietnam, and El Salvador. Try sending your Malaysian aunt an ounce of gold to help her out of a financial tough spot, or even flying there with it—good times. Winner: Bitcoin.
Mining: Gold rapes the land and emits 81-116 million tons of CO₂; Bitcoin’s 150 terawatt-hours emit only 60-70 million tons of CO₂, which is largely renewable. Winner: Bitcoin.
Verdict on the Superior Money: It's bitcoin today, and it will be bitcoin for generations to come. Every physical asset has an economic life and usually a change in use over time. That cool blacksmith tool in your living room still has value, but now it's a piece of art, an artifact, something of interest.
Gold will retain value, but its value in use is not the same as its current market value as an asset or money. Both can decline over time. The gold bugs’ utility argument fails now and will fail again.
Bitcoin is many things to many people, but one thing is clear—and will become clearer over time: it is money, it is energy, it is technology, and it is superior to gold.
Winner: Bitcoin—by design.
@JAN3official
#Bitcoin #Gold #Crypto#Climate

2025-10-27 10:27:20 CET

Good morning everyone.

2025-10-19 14:44:50 CEST

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Who does his hair ?

2025-10-19 14:44:17 CEST

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Insane.

2025-10-19 13:57:25 CEST

Buenos días a todos!

2025-10-19 13:57:10 CEST

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2025-10-13 21:23:32 CEST

Good afternoon!

2025-10-06 22:48:44 CEST

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You too!

2025-10-06 22:48:31 CEST

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You as well!

2025-10-06 21:11:08 CEST

Good afternoon!

2025-10-05 17:30:41 CEST

GM!

2025-10-03 12:29:26 CEST

Gm !

2025-10-02 15:24:15 CEST

GM!

2025-09-30 09:38:04 CEST

GM!

2025-09-30 00:08:28 CEST

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Hi Suzanne. Welcome. I hope to hear more about Fountain and your music. I have been receiving payments of as high as 17 cents and even 3 dollars occasionally from Spotify and of course my massive bmi checks of over 7 dollars. I want to learn about monetizing my works from long ago as I know it’s possible. Anyway, I hope to see and hear more from you. Have a great week!

2025-09-29 22:35:07 CEST

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See you there!

2025-09-29 15:08:47 CEST

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GM maria!

2025-09-29 13:43:04 CEST

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lol

2025-09-29 13:42:49 CEST

GM everyone!

2025-09-28 20:59:49 CEST

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What happened ?

2025-09-28 20:35:53 CEST

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lol

2025-09-28 20:35:28 CEST

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In turkey, Greece and Sweden. But back more meaning going to push out on Nostr more. lol. How are you?

2025-09-28 20:33:21 CEST

I’m back.

2025-09-03 16:54:46 CEST

GM!

2025-09-02 13:17:15 CEST

GM! Buenos días a todos!

2025-09-02 01:34:06 CEST

I hope everyone had a good weekend. GN!

2025-08-31 03:23:17 CEST

GN!

2025-08-30 13:07:29 CEST

GM!

2025-08-29 13:43:43 CEST

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Great post

2025-08-29 13:43:10 CEST

Good morning!

2025-08-28 14:02:37 CEST

buenos días a todos!

2025-08-28 03:50:08 CEST

2025-08-27 13:02:03 CEST

Gm!

2025-08-27 03:17:38 CEST

GN!

2025-08-26 11:29:00 CEST

GM!

2025-08-26 04:11:59 CEST

GN!

2025-08-25 16:20:23 CEST

Buenos días a todos!

2025-08-25 03:18:48 CEST

GN again!

2025-08-24 11:23:17 CEST

GM!

2025-08-24 03:25:10 CEST

GN everyone.

2025-08-24 01:32:40 CEST

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And another GN!

2025-08-23 22:53:30 CEST

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Amazing. I love it. Are you buying? Tempting
For sure.

2025-08-23 20:06:29 CEST

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2025-08-23 19:16:45 CEST

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Thank you!

2025-08-23 16:58:22 CEST

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Gm. Another Round.

2025-08-23 16:56:40 CEST

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Thabnk you! GM

2025-08-23 10:56:54 CEST

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GM!

2025-08-23 10:56:35 CEST

We @nprofile…cpua and @nprofile…jqhw are getting ready for a presentation to Swedish Parliament. September 24. I hope to meet some friends in Stockholm. Let me know if you want to connect. Have a great weekend!

2025-08-23 10:53:57 CEST

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GM!

2025-08-23 10:53:46 CEST

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GM!

2025-08-23 10:48:15 CEST

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I’m lurking. lol

2025-08-23 10:05:42 CEST

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I’m working on acclimating to Nostr. Sorry to hear of these issues we are having. You are becoming notorious. Congratulations!

2025-08-23 10:03:09 CEST

Good morning a todos!

2025-08-23 03:09:10 CEST

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Good night Maria!

2025-08-23 03:05:50 CEST

Good evening everyone.

2025-08-22 18:01:44 CEST

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Sad

2025-08-22 17:48:40 CEST

Good day everyone. I hope everyone is healthy, happy and has a great weekend. Keep in touch!

2025-08-18 02:54:27 CEST

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Great post!

2025-06-21 09:38:34 CEST

GM. I’ve finally decided a few things. 1. I need to choose my mistake making more carefully. (Formerly known as decision making). 2. I work better in the shadows.

2025-06-19 11:32:58 CEST

GM from Prague BTC!
https://blossom.primal.net/3a30ce43faaed142a82be1909b5bb2fe58fd15d189727382fcf3c9835a2f7f48.jpg

2025-06-15 09:36:13 CEST

Good morning everyone!

2025-06-14 02:19:21 CEST

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Exquisite

2025-06-14 01:32:18 CEST

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Don’t know if you saw my note but watching now. I’ll be in Prague in a couple of days.

2025-06-14 01:30:52 CEST

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It was the same for me earlier but was able to get it open just now.

2025-06-14 01:21:57 CEST

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I couldn’t get the video to open earlier. I’m watching now. I’ll touch base with you later. Interesting that I was just in Kazakhstan. I’m always thinking about surveillance even though I’m just a tourist in most places. The immigration officers give out SIM cards for your phone and welcome you when you arrive telling you it’s important to have the SIM card installed in case of emergency. I found that highly suspect but maybe I’m just paranoid. Back to the video. I know Stephan too by the way!

2025-06-13 15:58:55 CEST

Everyone wants a mulligan, a reset, a reboot, to start over, a chance to do it better, and why not? We all deserve second chances, right?
So do Fiat Currencies. Over 750 fiat currencies have failed since 1500. Guess what? It's not getting better; it's getting worse. Over 600 failures have occurred in the past 124 years, about Five Currencies per Year.
This number comes from academic and economic research, including data compiled by Monetary Historian Mike Maloney, organizations like the DollarDaze project, Wikipedia’s list of historical currencies, and studies cited by economists like Steve Hanke.
Most failed currencies were in circulation for less than 50 years before becoming worthless due to:
Hyperinflation (Counterfeiting)
War (Counterfeiting)
Loss of confidence (Counterfeiting)
Government collapse (Counterfeiting)
Currency redenomination or union (e.g., Euro adoption) (Magic)
Notable Examples:
German Papiermark (1920s) – destroyed by hyperinflation.
Zimbabwe Dollar (2000s) – reissued multiple times; ultimately abandoned.
Venezuelan Bolívar – still technically active but has undergone several redenominations due to hyperinflation.
French Assignat (1790s) – failed during the French Revolution.
Soviet Ruble – dissolved with the USSR.
Conclusion:
Fiat currencies, being unbacked by commodities and dependent on government trust and monetary discipline, have a long history of collapse. Historically, the average lifespan of a fiat currency is about 27 years.
Era and Approximate Number of Failures:
1500–1799 30–50
1800–1899 100–150
1900–2024 600+

2025-06-13 15:46:42 CEST

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Thanks. I am. Looking forward to the weekend. Have a good one!

2025-06-13 15:46:05 CEST

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Morning! Have a great weekend.