Corbin

#bitcoin

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Last Notes

2026-05-11 09:51:08 CEST

Tom Waits - Life's Path
https://www.youtube.com/shorts/eX8c05l25Fo

2026-05-11 09:46:04 CEST

DUCKWORTH.
https://m.youtube.com/watch?v=Dm-foWGDBF0

2026-05-11 09:44:11 CEST

It Ends With Justice for Justin Baldoni
https://youtube.com/shorts/RFc8Qx-V2ps

2026-05-11 09:43:05 CEST

Mac Miller: The Space Migration Sessions - Objects In The Mirror (with The Internet)
https://m.youtube.com/watch?v=9Gbl-IDp1qc

2026-05-11 09:23:46 CEST

John Mayer Performs 'Small Worlds' Mac Miller's Tribute -Halloween (MASTERED AUDIO by Tyler August)
https://m.youtube.com/watch?v=zn6COeaLeJ0

2026-05-11 08:30:01 CEST

The Brian Jonestown Massacre - Anemone
https://m.youtube.com/watch?v=3BqRNSlTXsw

2026-05-11 08:22:21 CEST

Do you agree with this map of California?
https://youtube.com/shorts/vRIsHbkgIH4

2026-05-11 08:08:26 CEST

Electric bills are double your mortgage now???
https://youtube.com/shorts/lR2eCd8RpmM

2026-05-11 08:07:52 CEST

Jessica Pratt - Moon Dude (Live on KEXP)
https://m.youtube.com/watch?v=_tycHRjBBAA

2026-05-11 08:05:26 CEST

Missing Scientists
https://youtube.com/shorts/f3WYAB8X3dw

2026-05-11 07:13:43 CEST

Is Python Blood the New Ozempic??
https://youtube.com/shorts/U2OeOeHOKfU

2026-05-11 07:13:02 CEST

Wagner ~ Faust
https://m.youtube.com/watch?v=VMw0EjLFPXw

2026-05-11 07:12:11 CEST

ORES executive director resigns after 3 filed lawsuits
https://youtube.com/watch?v=HoyIP9OZyAA

2026-05-11 07:11:15 CEST

Wagner ~ Faust
https://m.youtube.com/watch?v=VMw0EjLFPXw

2026-05-11 07:07:27 CEST

Strauss: Don Quixote / Rostropovich - Karajan - Berliner Philharmoniker
https://m.youtube.com/watch?v=J9e_t5winag

2026-03-26 04:58:48 CET

- reply

I think so. It’s about 45 minutes long, core topic is digital credit as a massive new asset class built on bitcoin as “digital capital".
It's interesting to hear how bitcoin is impacting the legacy system.
As a bitcoin maximalist myself, I think it's beneficial to see a lot of the discussion as being measured for the legacy system. So it's not Austrian economics as much as it explains why bitcoin is replacing/transforming parts of the legacy credit system by offering better risk/return.
He’s very focused on product design, yields, duration, tax treatment, and why STRC beats T-bills/bonds/convertibles). Some bitcoin maximalists appreciate this “measured” bridge to tradfi investors and corporations.
He argues the global credit market is ~$300 trillion, and programmable digital credit (via instruments like STRC, Strategy’s variable preferred equity) could capture a huge slice of it.
Key ideas he covers (with timestamps from the video chapters):
• What is Bitcoin?: Defined as pure digital capital: economic wealth that can be transferred instantly anywhere on Earth via digital rails, enabled by proof-of-work, cryptography, peer-to-peer networks, etc.
• Converting capital into credit, The breakthrough: Turning volatile Bitcoin holdings into stable, high-yield cash flow streams without giving up the upside.
• Why variable preferred equity (STRC) beats traditional debt structures: Longer duration than bonds/convertibles, variable dividends, principal protection, and better risk/return profile. He contrasts it with short-term leverage (risky margin calls), senior debt (covenants), etc.
• Investor benefits: Double-digit yields (e.g., tax-equivalent ~11-18%), deferred tax treatment (return of capital), low volatility, and strong performance even during a 45% Bitcoin drawdown (held value + paid ~4.5% dividends).
• Tax and generational wealth angle: Favorable treatment for investors and heirs (basis step-up), making it superior for long-term wealth building compared to T-bills or traditional fixed income.
• Programmable future: STRC as a foundation for digital money (zero-volatility, daily liquidity) and digital yield. This layers into ETFs, on-chain tokens (Ethereum/Solana), bank accounts, Layer 3 apps, etc.
• Reflexive flywheel: Credit issuance boosts equity value (e.g., more Bitcoin per share), attracts more capital, increases Bitcoin demand/price, and loops back — creating a self-reinforcing cycle.
• Massive opportunity: $50 trillion potential if it takes even 5-10% of the credit market. Call to action for corporates (treasury strategy), retirees, and investors.
It’s classic Saylor: philosophical first-principles on Bitcoin + capital structure engineering, heavy on Bitcoin maximalist optimism, reflexivity, and why this is better than traditional finance tools. He positions STRC as solving the “investor dilemma”, equity-like returns with credit-like safety.
The full description and chapters are in the video if you want to jump around. It’s educational/inspirational for Bitcoin treasury fans, corporate finance folks, or anyone into yield-generating ie wanting a greater return on an account. Not investment advice (as the disclaimer notes).

2026-03-26 03:57:01 CET

Like a Ship
https://m.youtube.com/watch?v=wh-oge3eaUg

2026-03-26 03:56:16 CET

Real Love Baby
https://m.youtube.com/watch?v=0wFVsbbrEHQ

2026-03-26 03:55:11 CET

Soundgarden "Jesus Christ
Pose" at the Paramount in Seattle 2/7/13
https://m.youtube.com/watch?v=VrYP1SMiu3c

2026-03-26 03:53:04 CET

Source: https://xcancel.com/_whitneywebb/status/2034966594879643918#m
Tl;dr: Israeli Prime Minister Benjamin Netanyahu recently claimed, citing Will Durant, that “Jesus Christ has no advantage over Genghis Khan. Because if you are strong enough, ruthless enough, powerful enough, evil will overcome good".
This is not a misstep, he also said this years ago. It is an explicit, repeated, deliberate advocacy for evil as the ultimate victor and for raw governmental power over peace, love, truth, morality, and ethics.
Netanyahu's claim is false on every level. It directly contradicts Judaism’s own scriptures (the Exodus where Pharaoh’s empire collapses before Moses, David defeating Goliath, the prophets declaring the wicked will perish, and the Babylonian exile ending in restoration).
The ‘no choice’ excuse is the oldest lie: every tyrant claims necessity while reality proves good doesn’t need brutality to endure.
The ‘governments must be ruthless’ defense is pure delusion. History shows cooperation and truth outlast every ‘pragmatic’ atrocity.
It advocates for the same use of owner used to oppress people throughout history.
It misapplies Durant’s single line of “cosmic indifference” while ignoring his life’s work celebrating how moral codes built civilization.
It ignores the axiomatic objective law of ethics, not mere strategy, but inexorable reality like gravity, proven through human action (Mises, Hayek, Bastiat), incentives, cause-and-effect consequences, and the documented truth that nobody escapes their evil (Carl Jung, Jordan Peterson).
Evil inflicts real harm through free will and serves as a learning process, but it always self-destructs: it is a virus that rots systems from within.
Transformative good endures and conquers from the inside.
Jesus lives today in billions, His teachings of love and forgiveness, conquering from within while Genghis Khan’s skull mountains crumbled.
History confirms it without exception: Socrates, Galileo, Gandhi, and Martin Luther King Jr. all triumphed over brute power through moral force.
Regimes sprint on a treadmill; ethics runs the marathon. Reality does not have a prejudice. It simply keeps choosing what works.
And what works, axiomatically, observably, and eternally, is good.
Evil never triumphs. Goodness does.
The Triumph of Ideas. Why Ethics Outlasts Empires: A Rebuttal to Netanyahu’s Recurring Claim That Evil Overcomes Good
This was no isolated verbal misstep or unfortunate optics failure. On March 19, 2026, Israeli Prime Minister Benjamin Netanyahu repeated a position he has articulated before: “Jesus Christ has no advantage over Genghis Khan. Because if you are strong enough, ruthless enough, powerful enough, evil will overcome good.”
In a 2019 interview he framed the same idea by citing historian Will Durant: history does not favor Christ over Genghis Khan; history favors the strong.
The message is deliberate, consistent, and unmistakable: might is not merely one path to survival; might is the only reality that matters. Evil triumphs whenever it possesses superior force. Goodness, by contrast, is impotent unless it adopts evil’s methods.
This is not realism. It is an explicit, blatant advocacy for evil as the ultimate victor and for raw governmental power over peace, love, truth, morality, and ethics.
Netanyahu is openly standing against his own Jewish faith, against Christianity, against the moral conscience of humanity, and against observable reality itself.
Evil Does Not Prevail: The Witness of the Hebrew Scriptures
Netanyahu’s claim stands in direct, irreconcilable contradiction to the foundational narrative of the Jewish faith he ostensibly represents. The Torah and the Hebrew Bible are not ambiguous: evil, no matter how powerful, never ultimately triumphs.
The paradigmatic story is the Exodus. Pharaoh, the ruthless ruler of the mightiest empire on earth wielded absolute military, economic, and political power. He enslaved the Hebrews, slaughtered their infants, and pursued them with chariots.
By Netanyahu’s logic, Pharaoh should have prevailed. Instead, the sea swallowed his army. The oppressor’s might collapsed before the justice of God.
The message is explicit: “The Lord will fight for you; you need only to be still” (Exodus 14:14). Evil’s apparent strength is illusory; it is always temporary.
The same unbreakable pattern repeats throughout the Old Testament. David, a shepherd boy, defeats Goliath not by matching the giant’s brute force but by trusting in the name of the Lord (1 Samuel 17).
If Israel sees itself in David’s shoes against overwhelming odds, the lesson remains unchanged: Goliath fell not to a bigger weapon, but to faith that rendered brute strength irrelevant.
The same pattern echoes in Exodus, Pharaoh’s chariots drowned without Moses lifting a sword.
Netanyahu’s worldview, by contrast, echoes the giant’s arrogance: might as the decider. Scripture declares otherwise. Good triumphs quietly, inexorably, without borrowing evil’s tools.
The prophets Isaiah, Jeremiah, Amos denounce kings and empires that wield power ruthlessly, declaring that God “brings down the mighty from their thrones” and that “the wicked will perish".
The Book of Job and the Psalms affirm that the suffering of the righteous is real but never final; divine justice ultimately vindicates the good. Even the Babylonian exile, the apparent triumph of a pagan empire ends in return and restoration.
The Hebrew Bible’s unbroken testimony is that evil may rage, but it never conquers.
Mankind’s story is not the victory of the ruthless; it is the eternal struggle against ruthlessness, with good prevailing because God is sovereign and because individuals are sovereign among one another, bearing personal accountability directly to Him.
Netanyahu therefore does not merely embarrass Israel’s public relations. He directly contradicts the religion of the Jewish people.
By declaring that evil overcomes good when it is strong enough, he aligns himself with Pharaoh, not Moses; with the oppressors, not the prophets. He is not defending Judaism, he is rejecting its moral core.
Durant’s Cosmic Indifference, Misapplied
Netanyahu draws on a single chilling line from Will and Ariel Durant’s The Lessons of History (1968): “Nature and history do not agree with our conceptions of good and bad; they define good as that which survives, and bad as that which goes under; and the universe has no prejudice in favor of Christ as against Genghis Khan".
Taken in isolation, the line can sound like a brutal endorsement of power. It is not. It is a declaration of cosmic indifference: history is blind, survival a biological scorecard. Might gets its turn because it can. Good gets its turn only because it proves useful.
It's an acknowledgment of short-term cause and effect. But Durant’s indifference isn’t license for evil. History’s scoreboard favors what endures: not lone wolves, but groups that cooperate, organize, and defend.
Desperation breeds pillaging, sure, but those who band together on trust outlast the raiders.
Early Christians had no legions, just the cross as symbol: love over fear, networks over swords. Brute force fails.
Yet even Durant’s larger life’s work in The Story of Civilization celebrates how Christianity and moral codes tamed barbarism and built the West, showing the single line above was merely philosophical realism about nature’s indifference in the realm of time and space, an acknowledgment of free will’s temporary latitude, not his full verdict.
Netanyahu’s selective invocation distorts this into a prescriptive endorsement of ruthlessness. It mistakes a temporary biological observation for an eternal law.
Ethics Is Axiomatic Objective Law, Not Strategy, Not Preference
Ethics is not a strategy. It is an axiomatic objective law embedded in reality itself, as observable and inexorable as gravity or cause and effect. It shapes outcomes, societies, and cooperation with ironclad necessity.
Human action as Ludwig von Mises, Friedrich Hayek, and Frédéric Bastiat demonstrated, reveals the unbreakable mechanics of incentives and consequences.
When power shifts incentives from service to self-preservation and coercion, evil inflicts real harm. It oppresses, captures, and wounds. Free will allows evil to exist as part of the learning process. But nobody gets away with anything.
Carl Jung and Jordan Peterson have documented what the highest thinkers throughout history have always known: No one gets away with anything. The ledger always balances. Evil self-destructs. It violates the functional laws of human systems and therefore cannot endure.
When a person seeks truth from a healthy state of mind, awareness of doing harm is unavoidable. Thoughts and actions manifest real, mental and physical consequences.
The options are absolute: live in denial, which produces mental illness or come to terms with objective reality.
While chemical imbalances may impair rational thought in some individuals, this does not describe the healthy person. Truth, by definition, is accuracy with reality.
Ideas transform reality. A stick becomes a fishing pole not through domination but through truth. Trust compounds like interest. Forgiveness frees bandwidth. Lies require constant energy. Forgiveness and love (inexorable from truth) are mutually beneficial.
Oppression is expensive. Cooperation is cheap. These are not opinions. They are biological and social physics. Evil is a virus; ethics is the vaccine. Biology does not vote, it counts. And the ledger always favors what keeps the species alive longer, healthier, and more inventive.
The Superiority of Transformative Ideas Over Brute Force
Jesus Christ lives today in the transformed lives of more than two billion people. His teachings: radical love, forgiveness of enemies, the infinite dignity of every person enter hearts and minds and produce genuine, irreversible transformation. These ideas do not merely percolate; they conquer from within.
They have taken over the world not through military might but through changed lives. Millions upon millions of individuals across cultures and centuries who have internalized forgiveness, rejected vengeance, and chosen service.
“Love your enemies” is not sentiment; it is the ultimate strategy that turns potential rebels into loyalists and builds a network no sword can sever.
The Bible itself is a chronicle of oppression. Pharaoh’s whips, Babylon’s exile, Rome’s crosses, followed by the slow, stubborn, unstoppable victory of something quieter.
Jesus does not overthrow Caesar with legions. He infects the empire from its prisons and slave quarters with ideas that function as objective upgrades to human nature, clearly demonstrated through His own life and actions.
Genghis Khan’s empire crumbled within generations. His legacy is mountains of skulls and a reputation for barbarism. He does not “live” in humanity’s collective conscience except as a warning. Those who wield such power remain forever “stuck with the evil that they do".
Jesus Christ lives today. His ideas turned sticks into hospitals, empires of fear into societies of rights, and hatred into reconciliation. These ideas are not temporary; they are unconquerable.
A Position Contrary to the Entire Moral Arc of Human History
Netanyahu’s claim stands against the entire ethical progress of civilization.
Socrates chose hemlock rather than betray truth to Athenian power. Galileo defied the might of the Church and state to affirm scientific reality.
Mahatma Gandhi and Martin Luther King Jr. defeated empires of oppression not with superior violence but with moral force: nonviolence, truth (satyagraha), and the refusal to let evil dictate the rules of engagement. Their victories further prove that moral ideas outlast tanks and tyrants.
History’s long arc is not the triumph of the ruthless. It is the slow, persistent victory of conscience over cruelty: the abolition of slavery, the advance of human rights, the spread of democracy.
These were not achieved by adopting evil’s methods but by rejecting them. Evil obviously has real impact, Genghis piles skulls, totalitarians build empires on terror, but every system rots. People sabotage, revolt and evade when possible. They remember. They teach their children the truth. Ideas outlive armies.
Truth is persistent. Lies require constant energy. Oppression is expensive. Cooperation is cheap. Forgiveness frees bandwidth. Good is health, evil is harmful.
Trust compounds like interest.
Governments and organizations are simply larger versions of the medieval king or the Mongol khan. Power shifts incentives from service to self-preservation.
Yet the capture never lasts. The moment fear lifts, people choose consent over coercion because ethics secures their children’s future, their own well-being, and the possibility of genuine progress.
Not Cosmic Favoritism, Biological and Axiomatic Truth
Calling ethics a cosmic preference is like saying gravity has a bias toward the ground. Harm disrupts. Trust rebuilds. Deceit erodes.
Truth is axiomatically accuracy, it stabilizes, fortifies and advances. Durant’s line, cherry picked by this statist, is not profound realism. It is the very claim an oppressor would want you to believe.
But history’s data set is now two thousand years deep since Christ and thousands more before him.
No sound mind sees evil as the endgame. Ethics prevails because it is axiomatic law. Not noble. Axiomatic. Functional. Inevitable.
Conclusion: The Moral Bankruptcy of "Evil Triumphs" or “Might Makes Right”
Benjamin Netanyahu’s repeated assertion reveals a worldview that is strategically shortsighted, theologically bankrupt, and ethically indefensible.
It inverts the moral order: it calls evil “strong” and goodness “weak". It dismisses the cross, the Exodus, the prophets, Socrates, Galileo, Gandhi, MLK, Mises, Hayek, Bastiat, Jung, Peterson, and the testimony of every moral giant.
It mistakes temporary material dominance for eternal victory.
Regimes pretend to stand. They inflict temporary suffering on many humans, they build monuments to permanence. But they are always sprinting on a treadmill. The ethical path is the natural marathon. It is not dramatic in any single moment as authority often is.
The universe may have no prejudice. But reality does. It keeps choosing what works. Evil is temporary, what works is good.
Evil does not overcome good. It never has. Good outlasts, outshines, and ultimately always defeats evil. Not by borrowing the sword, but by possessing a strength no sword can touch: the power to transform the human heart.
Netanyahu’s position is not a defense of Israel; it is an open advocacy for the very ruthlessness the Jewish people, the Christian faith, and the moral conscience of humanity have always opposed.
History, scripture, human action, and all of reality, truth itself stand against it.
Evil does not triumph. Goodness does, because it is the only thing that truly endures.

2026-03-26 03:50:51 CET

Kokoroko - ABUSEY
JUNCTION // WE OUT HERE
https://m.youtube.com/watch?v=tSv04ylc6To

2026-03-26 03:50:27 CET

Iran Isn't About Oil... It's About the British Empire | Tom Luongo
https://www.youtube.com/watch?v=rGKhRObDRdA

2026-03-26 03:44:54 CET

Bob Dylan - Like a Rolling Stone (Official Audio)
https://m.youtube.com/watch?v=IwOfCgkyEj0

2026-03-26 03:43:38 CET

Saifedean Ammous:
Gentle parenting is high-time-preference parenting: you avoid doing the necessary unpopular things today so you can avoid confrontation & be lazy & loved, at the cost of your child's future happiness, health, and success.
Nothing good is easy; suck it up & put your foot down.
https://xcancel.com/saifedean/status/2026668308473303158#m

2026-03-26 03:41:39 CET

[02] QotSA - Misfit Love (Live Reading 2008)
https://m.youtube.com/watch?v=yop2UwUOLPs

2026-03-26 03:39:09 CET

Saifedean Ammous: Money Printing Restricts Your Freedom
https://m.youtube.com/shorts/w0ZliymUKrk

2026-03-26 03:32:08 CET

Foo Fighters My Hero
Unplugged (Dave And Nate)
https://m.youtube.com/watch?v=8k8jxyMlqsg

2026-03-26 03:30:58 CET

Michael Saylor's Strategy World
2026 Keynote: Digital Credit
https://youtube.com/watch?v=yQL9yua9Yq0

2026-03-26 03:23:56 CET

Radiohead - I Will (Live)
https://m.youtube.com/watch?v=_ubuJiOladA

2026-03-26 03:23:07 CET

Michael Saylor Responds to Bitcoin Critics
https://youtube.com/watch?v=8eaJ3VuzhmY

2026-03-26 03:19:31 CET

Whitney Houston, Dionne Warwick, Luther Vandross, Stevie Wonder - That's What Friends Are For
https://m.youtube.com/watch?v=rJbw8wlEssI

2026-03-26 03:13:59 CET

We built a PIG TRACTOR (to heal the land)
https://youtube.com/watch?v=Q8QZQ2EWHzA

2026-03-26 03:12:39 CET

Soundgarden - The Day I Tried To Live (Official Music Video)
https://m.youtube.com/watch?v=dbckIuT_YDc

2026-03-26 03:12:11 CET

Why you're always hungry...
https://youtube.com/shorts/eZG8ootjxxU

2026-03-26 03:11:19 CET

Alice In Chains - Nutshell
(MTV Unplugged - HD Video)
https://m.youtube.com/watch?v=9EKi2E9dVY8

2026-03-26 03:09:39 CET

Tour to $13k house with heating, AC, sewage, water and electricity
https://m.youtube.com/watch?v=PoEjuXdudIw

2026-03-26 03:06:28 CET

Soundgarden - Pretty Noose
https://m.youtube.com/watch?v=f8nkHrv_4Mg

2026-03-26 03:05:37 CET

Corporate America in a nutshell...
https://youtube.com/shorts/qzSBzEN57P4

2026-03-26 03:00:42 CET

Kyuss - 50 Million Years Trip (Video)
https://m.youtube.com/watch?v=Mji5G1NI1bk

2026-03-26 02:57:06 CET

No More Chicken Chores: Never Freezes + Always Clean (Everflow 3.0)
https://youtube.com/watch?v=_FdWrwjzZL8

2026-03-26 02:55:48 CET

Radiohead - Sail To The Moon (Live)
https://m.youtube.com/watch?v=FjBvR8_nzq8

2026-03-26 02:54:35 CET

Planting Fruit Trees (before it's too late)
https://youtube.com/watch?v=nmUeqhwNMVg

2026-03-26 02:53:27 CET

TL;DR: Fiat money and taxation fuel corruption and crony inequality through inflation and the Cantillon effect.
Only hard money, free markets, and common law can create genuine wealth while disciplining governments against elite capture.
True voluntary cooperation rewards real entrepreneurship and subjective value creation, distinguishing market-driven inequality (from serving millions) from crony privilege.
Freedom rewards savers and creators; fiat punishes the people and entrenches power. Voluntary exchange beats central planning every time.
Austrian economics was the mainstream scholarly framework before Marxism rose, and it remains the strongest counter to socialism and communism.
The real problem is that taxation itself, especially the hidden inflation tax under fiat, incentivizes corruption, distorts prices, savings, and capital formation.
As Will Durant pointed out, fiat money (under the guise of good intent) enables endless wealth transfer to the government and connected elites until societies collapse.
We shouldn’t optimize how much the state takes. We should minimize coercion so voluntary exchange and real entrepreneurship can create wealth.
Only free markets with common law end corruption, including regulatory capture and true monopolies.
Common law is not top-down legislation; it is natural law in action, evolved bottom-up from real disputes over property and contracts.
It enforces self-ownership (your body and life are your most fundamental property), homesteading, and the non-aggression principle without any central planner.
This is why assault, theft, fraud, or any direct harm is off-limits: disputes were settled through restitution to the victim, not state punishment or revenge.
The offender makes the victim whole again, real repair of harm rather than simply suffering a penalty.
History shows this approach worked remarkably well. In Iceland’s Commonwealth, feuds were resolved with compensation at the Althing rather than prisons.
The same principle operated in Tudor England through precedent-based courts and in countless pre-state and tribal societies.
These systems delivered lower violence, actual repair for victims, and stable order for centuries with far less coercion than modern bureaucracies.
People picture dungeons and misery, that's wrong. These systems were cleaner, faster, and fairer than our prison-industrial complex: no lifetime labels, no endless harm to victims or offenders, just real repair that actually worked.
History shows it’s tough, the state has always stifled competition. But today, with cheap travel, instant information, global networks, and hard money, we can actually vote with our feet again and choose rules we consent to rather than endure imposed ones.
As Saifedean explains in his Principles of Economics, natural law is the ethical bedrock of civilization: no one may initiate force. States claim legitimacy by pretending to uphold it, yet routinely betray it through coercion in the form of taxation, inflation, and monopoly power of all kinds.
Bastiat captured the same truth in The Law: legitimate law protects persons, liberty, and property rather than plundering them.
In practice, this delivers clear titles, arbitration, and the simple rules of honest dealing: don’t lie, don’t cheat, don’t steal, keeping markets free from artificial barriers such as intellectual property and other forms of corruption.
Arguments resting on “modern money”: government prints what it needs and taxes to control inflation and inequality. Basically MMT thinking, and it’s where I break hardest.
Hayek and Rothbard showed how printing power creates the business cycle and the Cantillon effect: new money flows to the connected and wealthy first.
Saifedean lays it out perfectly in The Bitcoin Standard: fiat lets governments grow unchecked, while hard money forces discipline.
That’s exactly why I’m for Bitcoin. Fixed 21 million supply, no central printer, no hidden tax on savers.
Printing also creates the vicious loop you see today: debts get cheaper while hard assets rise.
Those with collateral borrow more and roll over debt forever. Everyone else is stuck saving in a currency that’s lost ~97% of its value since 1913, at best.
Many people worldwide have no access to banking and are forced to save in currencies that lose all their value.
Tax competition? I see it as healthy market discipline on governments, not democracy’s enemy. It prevents them from going full plunder mode, without it, governments would literally need to imprison their subjects to stop people from leaving.
Austrians separate two kinds of inequality. Crony inequality (bailouts, subsidies, Fed favors, the 1930s gold confiscation) is corrupt and hurts the poor. But market inequality from voluntary exchange usually just reflects value creation.
In a true free market (no force, no government picking winners), every trade is win-win by definition. You only buy my product if you value it more than your money.
I only sell if I value your money more than the item. When that happens over and over, some end up with more, not by taking, but by creating things millions voluntarily paid for.
What's taken is the ability to choose. Intellectual property is a key pillar in obstructing free markets.
As Stephan Kinsella says, no one can own an idea: the printing press, a song, a technique. Trying to stop sharing obviously impedes free choice.
Steve Jobs didn’t get rich by stealing; he created the iPhone billions chose because it improved their lives. The corruption isn't that he made something wanted and profited, it’s that no one can/could compete.
Regulation and IP create monopolies, not voluntary cooperation. Just laws enable competition, not protection of the connected.
Teddy Roosevelt was praised as a “trust buster", but his actions strengthened the most powerful like Rockefeller and Morgan. Government “fixes” always entrench power.
So inequality in a voluntary system is just billions freely choosing what they value most. It’s not zero-sum.
If someone hoards all the airplanes, prices rise, that’s the growing incentive for others to compete.
Voluntary inequality (outside government-controlled systems, rare at large scale by design) is proof someone created massive value.
Of course the government can impose/force value on people, which they always have done, but black markets always exist, people trade and barter, and of course price caps and imposed value has never worked at scale and leads directly to unethical incentives.
Quick note on “capitalism” (this is the confusion I hear a lot): what most people call capitalism today is actually cronyism or statism: centralization of power, whether fascist, socialist, communist, or Fed-backed monopolies. G. Edward Griffin boils it down to centralization vs. decentralization instead of arguing over labels.
As soon as free markets are captured or altered, they are no longer free markets, and at that moment it’s no longer capitalism.
Mises warned that anything that can be corrupted, will be; that’s why I emphasize local, accountable government and voluntary cooperation. True capitalism is simply voluntary human action and free exchange.
The word has been hijacked as propaganda (Griffin and Jordan Peterson both point this out), but the core idea is the same thing many socialists claim to want: freedom.
“Real socialism” has never been tried in the same way that “real capitalism” has never been tried.
The difference is ‘almost socialism’ resulted in the impoverishment and death of hundreds of millions of people, while ‘almost capitalism’, even though it has still been filled with massive atrocity, has lifted billions from absolute poverty.
This is true of every system: if it can be corrupted, it will be. That’s why human action and constant vigilance matter far more than the label.
Massive corruption has been a constant humans have been fleeing from and fighting against. Voluntary cooperation and free markets, in spite of the inevitability of capture and centralization, have been the only way out and require constant vigilance to protect.
All value is subjective. It’s an essential point that ties directly into dictating the value of money and interest rates.
No central planner can know what people truly value, so fiat rates and supply always distort real signals.
Examples: You have gold in a remote village (away from anyone else with gold) or in a dangerous place. As your neighbor I might value an offer of goods or services in trade more than that gold. Maybe I’m hungry and food is scarce, so I value food more than gold.
The same bottle of water is priceless to someone dying of thirst but worthless next to a spring.
A great surgeon earns more than a barista because patients subjectively value the surgery way more than a coffee.
Even the lemonade-stand kid who does it smarter ends up with more. That’s just value creation, not zero-sum; it’s humanity advancing.
A common Bitcoin concern is “what if someone buys it all?” Saifedean nails this: one dollar would be enough money for the entire world if divisible enough.
If people hoard, (1) they can’t buy goods with it, and (2) the value of the rest rises. With hard money and common law, cost of living drops perpetually while goods and services improve.
The mainstream view that inflation is needed to “incentivize spending” is just the fiat system justifying itself. Real voluntary saving is the engine of progress.
The Great Depression is the textbook case. Rothbard shows Hoover and FDR’s interference (wage controls, huge spending, NRA cartelization that let big industries fix prices and crush small competitors) turned a necessary correction into a decade-long nightmare while funneling money to big banks first.
That’s why hard money like Bitcoin flips the script: fixed supply rewards savers instead of punishing them and encourages the long-term thinking that actually builds strong societies.
Anyway, that’s my take. Ever checked out Bastiat’s The Law (super short), Hayek, or Saifedean?

2026-03-26 02:51:23 CET

TL;DR: The NBA has traded grit for safety and raw competition for engineered parity.
To bring back the electric, must-watch basketball of the past, the league should restore physical defense (hand-checking + interior warfare), clean up officiating with AI accountability, tie late-season wins to real stakes, and introduce a soccer-style promotion/relegation system between the NBA and G-League.
Less central planning and more authentic competition because fans want competitive greatness through excellent basketball.
What the NBA’s built isn’t true equality. It’s parity: forced balance where no team dominates, no dynasty rises, and everything’s flattened to “everyone gets a shot".
It’s like handing out participation trophies instead of letting merit sort it out.
Fans don’t want that kind of “equality” they want fairness without the artificial ceiling.
They want a system where a small-market team can grind their way up, a star can carry a squad.
Most importantly basketball fans want the best to win, not because the league rigged it, but because they earned it.
Bring Back the Grit: How the NBA Can Recapture Its Old Magic in a Modern World
Remember when an NBA regular-season game felt electric? Charles Barkley was throwing elbows in the post, Dennis Rodman was diving for loose balls like his life depended on it, and Michael Jordan was waging war every single night.
Mid-range jumpers, low-post competition, and tenacious defense weren’t optional, they were the heart of the game. You didn’t need a playoff series to feel the stakes. Every possession was a battle.
Fast-forward to today. We’ve had seven different champions in the last seven seasons. On paper, that sounds like perfect parity.
In reality, the league feels flatter than a three-point contest. Regular-season ratings dipped 2% in 2024-25—the lowest non-pandemic mark in years.
Casual fans tune out, and even die-hards admit: something’s missing. The talent is deeper and more skilled than ever. The problem isn’t the players. It’s the system.
The NBA has become a heavily regulated monopoly. Good intentions (spread the talent, protect small markets, curb superteams) have created perverse incentives straight out of an economics textbook.
Refs swallow their whistles on big calls or blow them on phantom fouls. The paint is a no-man’s-land. Defense feels like a chore instead of basketball.
And the 2023 CBA’s second-apron rules have made building a true contender so punitive that teams are actively breaking up good rosters just to stay under the cap.
From an Austrian economics perspective, this is central planning in sneakers: the more the league manipulates outcomes, the less authentic competition you get.
Because it’s a monopoly, fans are stuck with whatever the cartel serves up.
Just a few tweaks that reward effort and restore physicality could work wonders.
Let Them Play: Hand-Checking and Interior Competition
Bring back legal hand-checking on the perimeter. Loosen the rules in the paint so bigs can actually body up, box out, and battle without a whistle every three seconds.
Right now the game is all spacing and step-back threes. That’s beautiful… until it gets boring.
Today’s extreme spacing has sanitized professional basketball. Restore the war in the lane and suddenly you revive the lost art of the mid-range, the post-up, and the slashing drive. More creativity, play development. You revive team-oriented basketball, technique, and will.
Players like a young Shawn Kemp, Karl Malone or prime Larry Bird thrived because they were effective inside and out. Clyde Drexler was gliding through crowds, Kevin McHale was working those sneaky post moves with elbows flying. Today’s spacing has changed all that.
Let defenders touch, bump, and contest without fear, and defense stops being a chore, it becomes an asset again. The three-pointer doesn’t disappear; it just gets earned.
Clean Up the Refs with AI and Accountability
Bias isn’t usually malicious, it’s human. Give referees too much leeway and “star treatment” creeps in. The fix is simple and modern: AI tracking for every call.
Flag high-variance fouls in real time. Let coaches and GMs submit anonymous reviews. Track patterns season-long.
Use a third-party panel for big-game questionable decisions and a board teams can send questions and concerns to. Refs with consistently questionable numbers slide down the rotation; the best rise to the playoffs.
Unanimous objections from teams, especially when backed by AI-verified questionable calls could result in benching that official for a stretch. No conspiracy theories, no drama, just data-driven accountability.
College and high-school ball feel fairer because the stakes are pure. The NBA can have that same honesty without turning every game into a foul-fest.
Make Every Night Count: Post-All-Star Incentives
Tanking is still rampant. The solution isn’t banning it; it’s making winning rewarding. Tie 20-25% of lottery odds to wins after the All-Star break.
Give teams that finish strong automatic playoff-seeding advantages or home-court perks.
Suddenly a February game in Milwaukee isn’t just another night, it’s a chance to climb.
No need to gut the 82-game season. A longer slog benefits depth and team basketball; it builds character and chemistry.
With restored physicality and meaningful regular-season stakes, “load management” actually starts to make sense again. Stars can rest strategically without guilt, teams adopt a longer-term orientation.
A Real Developmental Ladder (With Market Discipline)
Turn the NBA’s minor league (the G-League) into a true proving ground. Like some soccer leagues, introduce real consequences for chronic failure.
A team that finishes at the bottom of the standings for multiple seasons could face relegation.
The G-League champion could then earn a shot at the big time by playing a single game or short series against the worst NBA team. Win that series, and they’re promoted to the NBA the next year while the demoted team drops down.
The promoted team could have first choice of key players from the demoted roster, plus favorable draft positioning and trade priority.
This creates real skin in the game while still giving everyone a voluntary path back up. No perpetual safety nets, just market discipline that rewards winners and lights a fire under everyone else.
The Counter-Argument (and Why It’s Wrong)
Critics will say, “But superteams ruin parity!”, fair point. The fix isn’t going back to 2010s chaos. Loosen the second apron slightly so aggressive big-market teams can chase titles without nuclear penalties, while keeping enough guardrails for small markets.
Balance, not extremes. Fans don’t crave perfect equality. They crave stakes, rivalries, authentic challenge, and the chance for competitive greatness.
The league already has the data, the revenue, and the platform. A few rule tweaks: hand-checking, AI refs, post-All-Star break incentives, a touch more interior freedom, and a real developmental ladder, could flip the script overnight.
The product would feel raw again.
Defense would matter. Every game would matter.
Stars would play like their legacies are on the line, because they would be.
The NBA doesn’t need to choose between parity and excitement. It just needs to stop over-managing the game and let the players play.
The old magic is still there, buried under layers of rules and caution. Time to dig it out. Fans are waiting. The league should give them what they really want: excellent basketball.

2026-03-26 02:49:42 CET

Free's
https://m.youtube.com/watch?v=fdGRfukb0sE

2026-03-26 02:44:31 CET

HOW AMISH REPLACE CHICKEN FEED WITH THIS 5 FREE PLANT AND GROW FOREVER!! (WHY DID THEY HIDE IT!?)
https://youtube.com/watch?v=HBybPrgnRk0

2026-03-26 02:41:48 CET

Mozart showing transformative art in Amadeus #shorts
https://www.youtube.com/shorts/jCGstZYbrOo

2026-03-26 02:41:00 CET

KT #760 - STEVEO + TIM BUTTERLY
https://youtube.com/watch?v=H_q0BZSkaoY

2026-03-26 02:37:26 CET

Primus • Jerry Was A Race Car Driver • 1991 (Reelin' In The Years Archives)
https://m.youtube.com/watch?v=_-kGm7zvTW4

2026-03-26 02:36:41 CET

The sports stadium scam continues in Kansas City — with taxpayers on the hook for $1.8 billion
https://youtube.com/shorts/c2NN78v7DA4

2026-03-26 02:27:57 CET

Queens of the Stone Age - Rickshaw
https://m.youtube.com/watch?v=m-Qhc6QYsWI

2026-03-26 02:27:17 CET

George Carlin - It's A BIG Club & You Ain't In It!
https://m.youtube.com/watch?v=Nyvxt1svxso

2026-03-26 02:25:08 CET

A Perfect Circle - Weak And Powerless - (Acoustic
Sessions)
https://m.youtube.com/watch?v=fZ2USO4CBlU

2026-03-26 02:24:21 CET

Jeff Bezos has begun the process of raising $100 billion for a new fund that would buy up manufacturing companies and then use Al to automate production.
.@JPHi|||||||:
It's just a weird sickness at some point, this level of greed. You have $200 billion dollars.
You could wipe your ass with $100 bills and keep getting richer every day. Why kill thousands and thousands of jobs at this point?
http://youtube.com/post/UgkxKCb4CY2b5_KlU1AfiUvbIPkUtfthEXPw

2026-03-26 02:21:01 CET

A Perfect Circle - The Outsider (Acoustic)
https://m.youtube.com/watch?v=g9dKXTDS5CM

2026-03-26 02:18:28 CET

Israel crumbling, Bibi missing, American bases leveled. What they won't tell you on the news.
https://youtube.com/watch?v=DwDlo3Kfhvk

2026-03-26 02:17:08 CET

Sex pistols "Anarchy in the
UK" HQ ( Live 2007)
https://m.youtube.com/watch?v=1TMiqpLL1pI

2026-03-26 02:15:54 CET

So incredible to see😱
https://m.youtube.com/shorts/ibLkVVMbP8Q

2026-03-26 02:13:16 CET

The most incredible blue whale encounter I’ve ever had with Gone Whale Watching in San Diego!
https://m.youtube.com/shorts/hIkTESQ9Cvc

2026-03-26 02:12:02 CET

It's All Real
https://m.youtube.com/watch?v=s5YZgs2fhh4

2026-03-26 02:11:18 CET

God responds
https://m.youtube.com/shorts/U-_FBESS1LA

2026-03-26 02:10:36 CET

Charley Crockett on Austin City Limits "Music City U.S.A."
https://m.youtube.com/watch?v=E-KbZbQg7Ys

2026-03-26 02:09:44 CET

Why Nation-States Are Fracturing Into Micro Societies w/ Mike Slomczewski
https://m.youtube.com/watch?v=Sz6N5debS0Y

2026-03-26 02:08:19 CET

Beastie Boys HD : Sabotage (David Letterman) - 1994
https://m.youtube.com/watch?v=YZ5yKJlhbiA

2026-03-26 02:06:42 CET

Mind Blowing Moments That Were Actually Caught on Camera
https://m.youtube.com/watch?v=q3VErv0K10E

2026-03-26 02:05:25 CET

Before my time
https://m.youtube.com/watch?v=lFIYaaKAIJE

2026-03-26 02:04:45 CET

Braveheart (4) - Uncle Argyle Comes to Take William With.
https://m.youtube.com/watch?v=MMrihRPA6DI

2026-03-26 02:02:39 CET

Cannock Chase
https://m.youtube.com/watch?v=gb_zQXF3_WM

2026-03-26 02:01:52 CET

The Domesday Book: How William Took Control of England in 1086?
https://www.youtube.com/shorts/3QFMm5MKDuA

2026-03-26 01:58:44 CET

Black Sabbath Hand of Doom Rat Salad live 1970
https://m.youtube.com/watch?v=IG1rTikLmQE

2026-03-26 01:57:30 CET

Making Domesday: Intelligent Power in Conquered England, challenges long-held assumptions about the scale and intent of William the Conqueror’s great survey in 1086.
Drawing on the earliest surviving manuscript of the survey, known as 'Exon Domesday', researchers argue that the survey was not simply a means of maximising tax but a far more ambitious and intricate exercise in governmental control - akin to an 11th-century form of big data processing.
https://www.alumni.ox.ac.uk/article/who-wrote-the-domesday-book

2026-03-26 01:54:24 CET

Foo Fighters - The Pretender
https://m.youtube.com/watch?v=SBjQ9tuuTJQ

2026-03-26 01:53:48 CET

When the buyer shows up more prepared than the builder 90
https://youtube.com/shorts/_0eMfyIJVhQ

2026-03-26 01:52:51 CET

Rage Against The Machine - Testify - Live At Finsbury
Park, London / 2010
https://m.youtube.com/watch?v=qm7ych5qH14

2026-03-26 01:49:52 CET

U.S. will control all of Iranian airspace
https://youtube.com/shorts/S0kuGtl8awY

2026-03-26 01:46:58 CET

BLACK SABBATH - "War Pigs" from 'The End' (Live Video)
https://m.youtube.com/watch?v=zY5nYmTUfnQ

2026-03-26 01:46:01 CET

Reacting to Tucker Carlson's Potential Arrest...
https://youtube.com/shorts/1u4e1sGAzLY

2026-03-26 01:42:35 CET

This Must Be the Place (Naive Melody) (2005 Remaster)
https://m.youtube.com/watch?v=fsccjsW8bSY

2026-03-26 01:42:02 CET

Amazon warehouse workers were forced outside during a tornado
https://youtube.com/shorts/ew7HwuuCMfw

2026-03-26 01:40:55 CET

Radiohead - The Numbers: Jonny, Thom & a CR78
https://m.youtube.com/watch?v=Ti6qhk3tX2s

2026-03-26 01:40:03 CET

*Why Truth Can't Be Explained
https://youtube.com/shorts/_Sf174RMYmw

2026-03-26 01:38:51 CET

One
https://m.youtube.com/watch?v=QEnkU8bQ-xk

2026-03-26 01:38:14 CET

Megyn Kelly Responds to Trump Post About Her and Tucker Carlson Not Being MAGA
https://youtube.com/shorts/Jl6_4ZhAgKw

2026-03-19 05:45:21 CET

Tom Waits - "The Heart Of Saturday Night" (Live from No Visitors After Midnight, 1975)
https://m.youtube.com/watch?v=H45wHvlRiE4

2026-03-19 05:44:50 CET

KT #671 - ARI SHAFFIR - MARK NORMAND - H. FOLEY - KEVIN RYAN
https://youtube.com/watch?v=WD8kwDLlcK0

2026-03-19 05:43:42 CET

Tom Waits - "The Ghosts Of Saturday Night (After Hours At Napoleone's Pizza House)"
https://m.youtube.com/watch?v=0uRX-XfpHr4

2026-03-19 05:42:25 CET

Ego Death Through Bitcoin with Jeff Booth (WiM288)
https://m.youtube.com/watch?v=PiSsxVM0B-U

2026-03-19 05:27:51 CET

Monster Magnet - Space
Lord
https://m.youtube.com/watch?v=dscfeQOMuGw

2026-03-19 05:25:53 CET

G. Edward Griffin - excerpt from "The Federal Reserve"
https://m.youtube.com/watch?v=vxfxTjyYHjI

2026-03-19 05:19:13 CET

Parquet Courts- Square
States
https://m.youtube.com/watch?v=GG3RTMnmBbU

2026-03-19 05:18:32 CET

Michael Saylor and Strategy looking at cheap bitcoin: 🐂🚀
http://youtube.com/post/UgkxKQ5t-NDJI3ncPzcrOZIWvgh7vK01D96t

2026-03-19 05:17:24 CET

System Of A Down - Chop Suey! (Official HD Video)
https://m.youtube.com/watch?v=CSvFpBOe8eY

2026-03-19 05:16:39 CET

Whitney Webb: EPSTEIN, Intelligence & the Global Network of Power | Peter
McCormack Show
https://youtube.com/watch?v=EwejUh3m9Fg

2026-03-19 05:15:38 CET

Jesus, Etc.
https://m.youtube.com/watch?v=USMsgVbf8Us

2026-03-19 05:15:04 CET

The Amish Secret to Keeping Pests Out of Your Garden Forever
https://youtube.com/watch?v=tj0XL10JZaU

2026-03-19 05:13:20 CET

Ry Cooder - Vigilante Man (live)
https://m.youtube.com/watch?v=x4KmbUCwkyE

2026-03-19 05:09:37 CET

Everything You Learned About Iran Is A LIE
https://www.youtube.com/watch?v=OYQeXFim9oU

2026-03-19 05:06:08 CET

Parquet Courts - Normalization (Live on KEXP)
https://m.youtube.com/watch?v=jESSg24szAo

2026-03-19 05:03:41 CET

“Why Paul Krugman is wrong: Austrian Economics vs Keynesian Economics” - Saifedean Ammous
Link: https://www.youtube.com/watch?v=GUvTJ0xy74c (8-minute clip from his Lex Fridman appearance)
This one goes straight at the heart of the video: why Keynesian ideas (and “modern money” theory) are built on bad assumptions, why inflation/printing isn’t a solution but the problem, and why Austrian principles (subjective value, incentives, capital formation) win. Saifedean ties it all to real-world outcomes.
“Inflation is a government scam” - Saifedean Ammous (Lex Fridman clip)
Link: https://www.youtube.com/watch?v=CADd0xRBbtI (6-minute clip)
Direct on the “inflation incentivizes spending / saving is bad” myth (the exact “paradox of thrift” undercurrent in modern theory argument).
He shows how it aligns government and the other most powerful interests with the system, while punishing savers and enabling the elite wealth transfer.
(The Inflation + Cantillon Angle)
“The Downside of Inflation” - Robert Breedlove
Link: https://www.youtube.com/watch?v=XFayBcoe0mI (~7 minute short talk)
Explains why inflation has zero moral justification, creates the inequality Murphy blames on low taxes, and why rewarding saving (not punishing it) builds real resilience.

2026-03-19 05:02:40 CET

Alice In Chains - Would?
(From MTV Unplugged)
https://m.youtube.com/watch?v=mOJEcEkR1a8