saifedean
Saifedean Ammous
Author of The Bitcoin Standard, The Fiat Standard, and Principles of Economics. Teaching economics on saifedean.com.
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npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak Profile Code
nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgq3camnwvaz7tmwdaehgu3wvf5hgcm0d9hx2u3wwdhkx6tpdsy6hxju
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Published at
2025-07-14T17:09:16Z Event JSON
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Last Notes npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean You can find it on saifedean.substack.com npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean No, you did not miss the bitcoin train. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Dr. Hisham Ammous: Life as Clinical Surgery npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Thank you sir npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Bitcoin has now been working and trading for 15 full calendar years. It's time to see how it's doing and run some numbers. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Yes! Stay tuned!! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Riverside is shit. It ruins conversations by having a huge lag and causes people to keep speaking over each other. Streamyard is a lot better. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Only if you get it from thesaifhouse.com npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean You can! We ship worldwide npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Awesome! I saw that the book is sold out on the Russian website and I don't know where you can get a physical copy... BUT you can pirate it in pdf from this link: http://library.lol/main/D9F1A4BE23427FCDDEAEAD847B85175F npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Hello! Yes I'm here! I've also got two more books you might enjoy: The Fiat Standard and Principles of Economics! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Please beware impersonators!! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean The Otto Wilde classic is the best in the world, by far and I say this having tried many many grills. I discussed it here and you can get 10% off with the code saifedean npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean They should have already shipped! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean I'm talking to someone this week about hopefully making it happen!! Stay tuned and sign up to my mailing list on my website to stay updated npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Remember when the dogecoin con artist promised to end spam on Twitter, then declared victory over the spambots, and then all his fanbois pretended the spam went away and the problem was solved? npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean No. Nothing. Nothing. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Completely false. Germany & Japan dominated post WW2 industrialization with strong currencies, as does China now. The industrial revolution happened on a gold standard. Switzerland stayed on the gold standard and had the highest productivity in the world. The idea that destroying your currency creates industrialization is another criminal fiat lie to promote inflation and benefit parasitic scum. It's the equivalent of telling you that selling your work tools will increase your revenue and raise your productivity. You're destroying your capital stock and devaluing everyone's wealth, forcing them to sell more to survive, and then taking these added sales as a mark of success rather than criminal theft. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean 7.5 years so far. I enjoy & benefit from it so much I don't think I'll go back to plants. See saifedean.com/meat npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Wow. I had no idea Nostr was so toxic I'd be accused of running an elaborate shitcoin scam just like that😂 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Have fun getting fat!! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Eating meat only npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Awesome, delighted to hear this!! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean 🎉Five years ago today, The Bitcoin Standard was published!🎉 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Tax is theft. If a project is worth pursuing, people will willingly pay to pursue it. If people won't willingly pay for it, then it's not worth pursuing. The examples of government funding long term projects are basically grifts that go nowhere. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean If it was wise you and people who agree with you would be paying for it willingly. That you need fiat scam subsidies says you don't really believe it. I don't believe it's worth it either.👍 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean This is gorgeous, I'll try it out👍 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Why aren't you paying for it willingly and forcing fiat users to subsidize you if it was such an amazing achievement? Also, that explosion didn't look very reusable today, did it? If only you were paying for it instead of everyone else on the world who doesn't give a shit! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Exactly zero accomplishment except the amazing feat of getting otherwise intelligent people to treat the obvious waste like it's an accomplishment. The satellite internet thing is a stupid grift we've been over before. The rockets aren't achieving anything except sell pipedreams npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean The subsidies are the obvious problem, and their presence is why people deal with this insane and obviously pointless stupid waste as if it were some glorious accomplishment. Everything looks good when you don't have to pay for it! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean There is exactly zero achievement. Just endless elaborate excuses to get gullible people to support government giving him money. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean I don't value it enough to take food off my kids'dinner table to pay for it. I believe all the TV viewers who care about it should pay for it themselves, and the fact that they can only do it by robbing me tells me all I need to know npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean That just means it's becoming cheaper to blow things up in the air with no return. The idea that there is any benefit from this is just marketing npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean So the dogecoin con artist is getting billions in government subsidies to launch massive rockets that do nothing more than blow up in the sky... And this is somehow a brave and heroic achievement and not just blatant theft because he's convinced TV viewers that these rockets will somehow take humanity to Mars. Do I have this right? npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Tfw it hits me that the word count of the three books is practically the same as the number of bitcoin blocks it took to write them🤯 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean He should be able to get it and doesn't need any background in the topic to enjoy it. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Welcome to the party! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Boil it, or fry it in butter, tallow, or ghee. Or do both! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Sorry but I didn't even see that! Thank you sir!! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Weston Price nutrition and physical degeneration . npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean The tastiest part of the animal. And probably the most nutritious too. Very different flavor, almost butter like. It's also absolutely delicious to boil the entire head and make soup and eat it. Best soup you'll ever have npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Why??🥲🥲 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Chunk of lamb heart npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Before Bitcoin, basically 😂 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Most delicious and nutritious part of the cow, but you can't eat too much of it as it's too fatty. You need muscle meat npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean If you've never had grilled ribeye with heart and brains, what are you even doing with your life? npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean I still think cables are much cheaper. Ultimately with all businesses, theoretical calculations are no match to economic reality. Can the business run profitably without resorting to government subsidies and contracts? All of Musk's scams rely on government subsidies and contracts and nothing about Starlink suggests it's going to be different. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Astonishing how this con artist has convinced people who can read and write that putting thousands of satellites in space is more economical than A LONG CABLE. As long as it keeps the fiat gravy train going! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean It is already here. Most people online are using wired infrastructure npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean I kind of refuse to believe the Mars stuff is a scam because I refuse to believe anyone is actually stupid enough to believe he's serious. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean A long cables does the same at approximately one millionth of the price. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Long cables are much much cheaper than satellites. Maybe if people weren't wasting their money on another retarded idea from the grifter who brought us dogecoin, ruined Twitter and is hell-bent on uninventing the automobile, you'd have more broadband internet and less living vicariously as the teenager that got away with not growing up. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Basically 95%+ of people who can afford starlink live in places with infinitely better and cheaper internet. Thinking you can finance thousands of satellites to orbit earth from revenue from people who are too poor to have broadband or proper infrastructure is the equivalent of thinking electric cars or dogecoin are not a retarded idea. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean It works in an easy money environment with plenty of investors chasing buzzwords being sold hopium about scaling and unrealistic expectations about price declines and revenue increase. But the economic sustainability of launching a very large number of satellites to satisfy the very small number of people who live in isolated areas is extremely suspect, just like every single other thing Elon has ever 'built'. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Don't count on it lasting long. Like all his ideas its shell life is attracting investors, not operating sustainably and profitably npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean His internet satellite thing is also an unworkable scam. All his genius ideas are always on the verge of changing the world, they just need more government support before they do. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean I have come for you! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean The only question is if Twitter will keep this streak going by remaining a money-losing operation, or by getting government subsidies. The only way to make Twitter profitable at this point would be to sell control of its algorithms to a government, likely CCP. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Goes without saying... But you can pay in bitcoin, on-chain or lightning ⚡⚡⚡⚡⚡ npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean #[2] npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Astute! I also think they can probably best be read in reverse order... But nobody would listen if I didn't start off with the solution! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Iris and amethyst for now npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Saifedean.com/Poe (it's in the original post!) npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean The first copies of my next book, Principles of Economics, have just rolled off the press! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean test npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean My first block on Nostr 😍 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Check out justmeat.co and npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Finally, you are free from the distractions of Twitter and can now focus on your true calling: seasoning and scrubbing! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Finally, you are free from the distractions of Twitter and can now focus on your true calling: seasoning and scrubbing! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Eating plants 🤢 == your opinion is invalid npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Elon Musk has never built a business that's profitable without government subsidies. Don't expect Twitter to disrupt that streak. npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Thank you for making ANOTHER place for me on the internet :) npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Delighted to be here!! npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean It me!! https://twitter.com/saifedean/status/1643183536466272258 npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak saifedean Twitter is a shitcoin
