Nostr notes by f0xr

Did not see this one coming but I'm here for it. LFG ...

2025-06-09T17:28:03Z

Did not see this one coming but I'm here for it. LFG

https://fountain.fm/episode/bhD0jlhYb5goXLbsFwKO

Yes. And real estate is a massive chunk of collateral for the ...

2025-06-06T20:12:43Z

In reply to nevent1q…zzh8
_________________________

Yes. And real estate is a massive chunk of collateral for the banking system. If you understand fractional reserve banking, you understand that nominal price declined in the collateral backing bank-issued debt results in a total banking system collapse.

If you think real estate is going to decline dramatically in price, you're suggesting that either the Fed (a banking system cartel) will allow the complete collapse of the very system that created the Fed for its own self-preservation, or we're going to get 2008 style bailouts with another zero added to the amount.

That purple line at the bottom that's down 63% in gold terms ...

2025-06-02T03:31:07Z

That purple line at the bottom that's down 63% in gold terms since 2022? That's the "safe" global reserve asset, US Treasury bonds.

The US stole $300 billion of Russia's Treasury Reserves. But since then, their $130 billion in gold reserves have almost doubled in price, gaining over a third of the value stolen by the US.

You don't think the rest of the world, especially China and the ME, noticed?

And you don't think anyone noticed that the only asset that actually outperformed gold happens to be the only asset that has BETTER neutral reserve asset properties than gold?

As LynAlden (nprofile…ad8w) always says, nothing stops this train. Buckle up.

@nprofile…nrxl I'm having an ongoing bug with the android ...

2025-05-30T20:29:19Z

primal (nprofile…nrxl) I'm having an ongoing bug with the android app. When I view feeds in the explore tab, I can scroll through the list of notes or long-form reads, but I can't open them. I can open the menu and copy the note ID etc, but I have to go back to the home tab and do a search to actually open the note or read.

This is the most important Bitcoin chart in the world. ...

2025-05-27T15:39:31Z

This is the most important Bitcoin chart in the world.

I don't have enough insight into this to give a great answer, ...

2025-05-25T12:21:34Z

In reply to nevent1q…c0hz
_________________________

I don't have enough insight into this to give a great answer, but in general the Amish use more home remedies and alternative medicine than the average American. But they're not opposed to doctors and hospitals when needed, that's always an individual choice.

They do both home births and hospital births, but I couldn't say how the percentage breaks down. My sense is that home births are less than half in the more progressive Amish communities, and more than half in the more conservative communities. But I don't have any good data to back that up.

I'd say it's similar to childhood vaccinations, where I often hear the claim that "the Amish don't vaccinate their children, that's why they don't have x problem." But that's simply false, many do vaccinate. Again, it's the parents' choice whether to do so or not.

My favorite Bitcoin chart https://m.primal.net/QxKn.png

2025-05-25T02:45:57Z

In reply to nevent1q…y3mp
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My favorite Bitcoin chart

You can't park money "in" assets, that's an ...

2025-05-24T20:24:24Z

In reply to nevent1q…h504
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You can't park money "in" assets, that's an economics myth. If you buy an asset, the money doesn't go "into" the asset, it goes into the bank account of the person selling the asset to you. They can either hold it in their bank account and get inflated away, or immediately turn around and spend it to buy something, which starts the same cycle over again.

Without understanding that about the way money works, it's impossible to understand why asset prices move or why price inflation happens.

Understanding this would dispense with a lot of financial jargon ...

2025-05-24T15:58:35Z

Understanding this would dispense with a lot of financial jargon and nonsense that prevents people from understanding markets and price movements.

quoting
nevent1q…vds8
Spending money, if you stop and think about it, only transfers that money to someone else. The money is still there, its quantity hasn’t changed, but it’s just in a different person’s bank account or wallet now. That’s fundamentally why money can’t “flow into” an asset. If you buy an asset, that money you spent is still available to spend, just by someone else rather than by you. It’s not somehow sitting there inside the stock or bond or real estate, waiting for you to sell your asset so it can emerge back into the financial landscape and be spent again.

nostr:naddr1qvzqqqr4gupzp0rve5f6xtu56djkfkkg7ktr5rtfckpun95rgxaa7futy86npx8yqqs8qunfvdjj6ctn94sj6ur0wf6xvmmvd9hj6anpd36k2ttjv96xjmcm8rwdk

Fiat currency and fractional reserve banking provide the ideal ...

2025-05-24T15:49:09Z

Fiat currency and fractional reserve banking provide the ideal environment for psychopaths to thrive. That's why they go insane at the smallest sign of a threat to the financial system.

quoting
nevent1q…lkaw
Suffice to say that if you’ve ever felt that the financial system is a parasitic entity infested at the highest levels by people with “persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits,” you’re probably on the right track. It’s the ideal habitat for a motivated psychopath, and I believe they’ve maneuvered themselves into the system and are busy exploiting our trust and the properties of our most crucial social technology. Unfortunately not one person in a thousand understands what’s happening. Most can see the decay spreading and feel something is wrong in society at a fundamental level, but without understanding they cause, they don’t have the knowledge or tools to fight back.

nostr:naddr1qvzqqqr4gupzp0rve5f6xtu56djkfkkg7ktr5rtfckpun95rgxaa7futy86npx8yqqjy6mmwv4uj6ctn942x76m9de5h5ety94fx2ur4w3shg6t0dckhvupkd9kx7nxwqqm

When the money stops working, everything stops working. ...

2025-05-24T15:46:35Z

When the money stops working, everything stops working. Unfortunately I doubt more than 0.001% of people even understand vaguely what money is and how and why it works, so the odds that they'll differentiate between functional money and defective money at a philosophical level is nil. That's why number go up technology is the only hope for Bitcoin adoption.

quoting
nevent1q…7av9
What's the difference between a subsistence hunter/gatherer lifestyle and the modern civilization we all enjoy today? Specialization of labor, and complex supply chains. And what enables those civilizational necessities? Money.

nostr:naddr1qvzqqqr4gupzp0rve5f6xtu56djkfkkg7ktr5rtfckpun95rgxaa7futy86npx8yqq247t2dvet9q4tsg4qng36lxe6kc4nftayyy89kua2

This is why the dollar can inflate away year after year, yet the ...

2025-05-24T15:40:45Z

This is why the dollar can inflate away year after year, yet the world just keeps using dollars. It will keep "working" until it doesn't.

quoting
nevent1q…xxcv
When we expand this situation to the global economy, we discover that the world has $320 trillion of debt and only $120 trillion of M2 money supply. The annual loan repayments on that massive debt pile are around $60 trillion.

That’s why the dollar refuses to die. Regardless how much everyone hates it, the global debt pile is enormous. And the only way to survive is to keep working and earning dollars to keep making those payments every month. And the ride never ends, because if every single dollar in existence was used today to pay down the debt, the world would be penniless and still $200 trillion in debt. That’s $25,000 of debt for every human on the planet.

So that’s how banks create their own demand, and keep an iron grip on the global economy. Every loan they make creates future demand for dollars to repay that loan. And the ever-increasing gap between the debt and the money available to repay it means that the only way for the economy to stay above water is a constant supply of new loans to create the money needed to pay off the old loans and accumulated interest. Which, of course, is supplied by the banks.

nostr:naddr1qvzqqqr4gupzp0rve5f6xtu56djkfkkg7ktr5rtfckpun95rgxaa7futy86npx8yqqgxc6t3w45kg6t50ykhvmmjw3jhs47fz4j

You mentioned the idea of Bitcoin as shared equity in this ...

2025-05-20T02:12:15Z

In reply to nevent1q…5xcs
_________________________

You mentioned the idea of Bitcoin as shared equity in this episode. It's not the first time you've mentioned it. The first time I heard it, it helped me solidify an idea I'd been playing with for a while.

I think I can explain what you're referring to, and why you can feel it within the Bitcoin ecosystem. The fact is, it's a really fundamental concept not just to Bitcoin, but to understanding what money in general is, and why it works.

Money is, or should be, equity in civilization. That's a seismic shift from money being debt, the way the current system functions, and it isn't a concept I've heard anyone else explain.

I wrote an article referencing the first time I heard you express this concept on Citadel Dispatch, and it's basically the conclusion to my series of articles on money and how it functions. If you wrap your head around the concept, it will fundamentally change the way you understand the world, and give some insight into how radically different things might look under a Bitcoin-based monetary system.

https://primal.net/a/naddr1qqty6mmwv4uj6stn94zhzatfw3uj6v3ew35kwagzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwgqcyqqq823cdagp44

You mentioned the idea of Bitcoin as shared equity in this ...

2025-05-20T02:09:12Z

In reply to nevent1q…5xcs
_________________________

You mentioned the idea of Bitcoin as shared equity in this episode. It's not the first time you've mentioned it. The first time I heard it, it helped me solidify an idea I'd been playing with for a while.

I think I can explain what you're referring to, and why you can feel it within the Bitcoin ecosystem. The fact is, it's a really fundamental concept not just to Bitcoin, but to understanding what money in general is, and why it works.

Money is, or should be, equity in civilization. That's a seismic shift from money being debt, the way the current system functions, and it isn't a concept I've heard anyone else explain.

I wrote an article referencing the first time I heard you express this concept on Citadel Dispatch, and it's basically the conclusion to my series of articles on money and how it functions. If you wrap your head around the concept, it will fundamentally change the way you understand the world, and give some insight into how radically different things might look under a Bitcoin-based monetary system.

naddr1qqty6mmwv4uj6stn94zhzatfw3uj6v3ew35kwagzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwgqcyqqq823cdagp44

Nostr event nevent1qqspmtvg03qlw6qs4uk0tux9cta39wyl5g7tzenkdezc69rgghasxqgzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwgzypv9a

2025-01-29T18:15:53Z

https://m.youtube.com/watch?v=ci_qFIyMyns&t=5211s

jack mallers (npub1cn4…3vle) must be reading my Substack 😂.

Great episode!

https://www.f0xr.com/p/money-flows-arent-important

Jesus: "My kingdom is not of this world." That's why ...

2025-01-23T03:45:36Z

In reply to nevent1q…v7zc
_________________________

Jesus: "My kingdom is not of this world."

That's why true disciples of Jesus aren't involving themselves in politics. It's not our kingdom, we're just strangers and pilgrims in this world.

Learn to flip burgers 🤷🏼‍♂️ #note10mj…0m0s

2025-01-19T20:22:10Z

Learn to flip burgers 🤷🏼‍♂️

quoting
note10mj…0m0s
ai is coming for middle management first

already am, but I can always add a table ...

2025-01-17T01:46:18Z

In reply to nevent1q…mnmp
_________________________

already am, but I can always add a table

"I think the world would be a better place if everyone lived ...

2025-01-15T23:55:24Z

In reply to nevent1q…m200
_________________________

"I think the world would be a better place if everyone lived by the general teachings of Jesus."

Although you may not see it, the answer is right there. You can't exist in the world without assuming good and evil. What is truth, if not that which leads toward the good?

Early 30s

2025-01-15T23:43:09Z

In reply to nevent1q…y9yv
_________________________

Early 30s

Never heard that on, I have no idea what it would mean.

2025-01-15T00:50:39Z

In reply to nevent1q…tny0
_________________________

Never heard that on, I have no idea what it would mean.

Learn to weld 🤣 https://m.primal.net/NYYw.jpg

2025-01-09T02:12:37Z

Learn to weld 🤣

"coincidence"

2025-01-08T00:23:21Z

In reply to nevent1q…x6g8
_________________________

"coincidence"

💯 During the gold standard era, when banks created too much ...

2025-01-07T12:50:16Z

💯

During the gold standard era, when banks created too much credit, the inevitable crash didn't destroy gold. It destroyed the fractionally reserved fiat banks.

quoting
note1mjq…n4cx
I figured out the real risk with Saylor’s plan to issue stock/debt to buy BTC and pump the value of his stock/debt: it exposes and therefore blows up the entire system.

Everyone is trying to find the glitch because you can’t just get money for free, but the glitch is in the system itself, and he’s not just exploiting it in a roundabout way like Buffett, but using it to power his strategy directly.

Because once it becomes obvious to everyone what he’s doing, you will have no choice if you want stocks and debt to buy his. You cannot buy T-Bills, you cannot buy AAPL.

AAPL just makes products and profits which generate cash flow which fill the balance sheet with depreciating dollars. All those steps just to get something that’s melting away. By the time they buy BTC it’s too late. They’ll never catch Saylor.

The problem for MSTR is when everyone catches on there will be a stampede, and then all hell might break loose. The normal laws of physics no longer apply around a singularity.

Nailed it. Sounds like he at least partially agrees with my ...

2025-01-05T21:21:19Z

In reply to nevent1q…tt4a
_________________________

Nailed it. Sounds like he at least partially agrees with my concept of money as equity.

https://www.f0xr.com/p/money-as-equity

One of my relatives has a handful of plants in zone 7b, ...

2025-01-05T19:26:50Z

In reply to nevent1q…sjkc
_________________________

One of my relatives has a handful of plants in zone 7b, they're at least 20 years old. Very prolific, delicious fruit. The fruit all ripens basically together in the fall, maybe a few weeks to a month window.

I can try to answer any questions, or put you in contact with him if you'd like.

There's a word for the system where someone else takes all ...

2025-01-05T17:49:42Z

There's a word for the system where someone else takes all the output of your labor, but claims that it's right and good for them to do so because in return they give you everything you need to survive for "free".

The word is slavery.

Are you cool with that? Or are you doing something to change it?

quoting
note1nj7…h398
I always like to remind people who are like "the rich aren't paying their fair share!" that you could liquidate like 3 of the largest companies in America, and solely use their equity to run the government (you couldn't without losing all the equity in the meantime, but bear with me), and it wouldn't put a dent in the budget and you'd need to liquidate the next 10 largest companies next year, and by year 3 or so you probably wouldn't have enough market cap left on the S&P 500 to keep going.

It's like, you have this beast that's so big and sucks up so much money, you can't possibly feed it.

It's crazy to think about because we all pay so much tax, but our great grandparents often didn't have to pay any direct taxes -- no land taxes, no income taxes.

The Jacobins actually played with taxation like what we have during the French revolution, and it was wildly unpopular and killed (along with unpopular revolutionaries like Robspierre)

People will say the obvious, that the expectations of what the government does have changed dramatically over the past 100 years. The word "expectation" is an odd one though because as an example, the US taxes enough for medical care to provide universal healthcare, but then it just doesn't. Many such cases. The problem isn't limited to the USA, however. Italy for example has an economy composed of 56% state spending. Many countries are near the same levels of spending they saw during the world wars. And what do we get? Demands for more money!

Another thing that happens when the government is so big and takes so much is it chokes out everything else. People can't tithe to the church for example, if they're already paying half their income in various taxes as is the case in many countries. They can't save for a rainy day. They can't donate much to the poor because they are the poor. It becomes a self-fulfilling cycle where wealth is soaked up and makes individuals poorer, and because they're poorer they need more big government interventions to make up for their lack of wealth. Government becomes totalizing whether we like it or not, and that's what my grandfather fought in the world wars to prevent. He died quite bitter at what happened afterwards.

https://www.imf.org/external/datamapper/exp@FPP/USA/JPN/GBR/SWE/ESP/ITA/ZAF/IND/CAN

"There are a lot of large actors in the Bitcoin ecosystem now ...

2025-01-05T17:42:14Z

"There are a lot of large actors in the Bitcoin ecosystem now that are pushing the idea that Bitcoin is only an asset. That is not true. Bitcoin is a currency, it directly competes with the dollar, and it can be used in a peer-to-peer manner that completely disintermediates the banks. It also removes the ability to censor and surveil transactions if you know what you're doing. "

quoting
note19cp…mele
To me, as someone who studies AI, monetary systems, and #Bitcoin, it seems quite obvious where things will go.

Already, most value is digital. 97% of dollars only exist as entries in a bank ledger. Banks can expand and contract those ledgers at will creating money on the spot by pressing a button.

Bitcoin doesn't allow for that. Bitcoin is constrained by algorithms and a specific rule set that cannot be changed without consensus from the users, which is almost impossible.

Value has gone digital, and that's a problem. For now.

The natural state of the economy in a free market would be deflation. As technology gets better and increases productivity, more productivity can be achieved with less work. The end state should be that prices fall. That's a logical conclusion that we can derive by thinking about it objectively.

Now, if you price things in USD, prices continue to rise in an inflationary monetary system because new units are constantly being created. Every time the government deficit spends, every time a loan is issued from a bank, and every time the Fed bails out some business that went under, we pay for it in inflation.

Bank loans directly create new money, they don't actually "loan" anything... Wealth is delegated by centralized entities to those who are willing to take risk. In this respect, Banks and governments are king makers that delegate value to individuals that are willing to take risk. This enriches a few at the cost of literally everybody else.

Those who take the risk and get the newly created currency (debt) benefit because they can go out and use that currency to buy real goods and services, and it follows that those who do not take risk and do not go into debt are then diluted by those new units of currency.

Most good honest people try to avoid going into debt, so they are inevitably being pushed into the margins because as new money is created at higher and higher orders of magnitude (think trillions), their purchasing power is eroded at an accelerating pace. In a debt-based system, you have the law of diminishing returns, and for every dollar that's printed into existence you get less economic "productivity". What this means is that overtime more debt has to be issued to achieve the same result. In perpetuity, forever, into Infinity. So for everyone saving in this system, prices go up forever. That is just the natural state of debt-based inflationary currency. It has only been like this for a very short period of History. This was impossible with gold being used as the currency.

Bitcoin is different. It is its own contained system. The unit of account is the Satoshi and there will only ever be 2.1 quadrillion units, forever. Bitcoin does not have any credit or debt on-chain. In the Bitcoin system, either you control the private keys to an address in the ledger, which gives you the right to move those satoshis, or you don't. If you don't store your private key securely, and someone else gets a hold of it, then they can move that value.

As we continue to move forward in the economy, these infinitely expanding fiat currencies can all enter the Bitcoin ecosystem. In order to acquire Bitcoin, you must sell another currency for Bitcoin. So every time someone trades dollars for Bitcoin, that weakens the equity in the dollar system and strengthens the equity in the Bitcoin system.

Everyone who already holds Bitcoin gets richer anytime someone else joins the network.

Since the current system is built on debt and leverage, it inherently becomes less stable as more value gets sucked into Bitcoin.

The fate of any debt-based fiat currency is to continue to inflate until the currency is worthless. Every single Fiat currency in the history of currencies has done this, except for the few that are currently in the process of doing so. This is the natural state of inflationary debt-based currency.

Now that a secure alternative exists, all of the currencies of nation states will be threatened. The incoming administration understands this, that is why they are going to push through a Strategic Bitcoin Reserve. When they do this, all other sovereign nations will be forced to do the same because of the game theoretic interactions of global currencies. The dollar is the linchpin of the global financial currency scheme, and most foreign currencies are backed with US debt in the form of Treasury securities.

As nation states start to acquire Bitcoin, their national currencies will become less and less stable, And will accelerate in the loss of purchasing power (because math is real and fiat currency isn't).

There are a lot of large actors in the Bitcoin ecosystem now that are pushing the idea that Bitcoin is only an asset. That is not true. Bitcoin is a currency, it directly competes with the dollar, and it can be used in a peer-to-peer manner that completely disintermediates the banks. It also removes the ability to censor and surveil transactions if you know what you're doing.

So, naturally, institutions like BlackRock that thrive on Fiat privilege are very threatened by this, because their entire business model relies on you custodying your assets with them, and them charging a fee to manage those assets. They also gain incredibly asymmetrical advantages by custodying your assets, such as exercising the voting rights for the shares of companies that you hold with them.

The clear path of those who wish to remain in power because they have power over currency would be to corral Bitcoin as an asset, and try to centralize it in the hands of custodying institutions. This way, they do not lose control over currency. The easiest way to do this is to institute a digital ID that is tied to your social security number, that you must use to verify your identity. Once that is in place, they can and will begin to roll out Central Bank digital currencies. Tyrants across the world are openly developing Central Bank digital currencies and have intentions to deploy them.

Europe will likely see a digital Euro by 2030. There are already large steps being taken to try to institute Capital controls and keep people from being able to store value in Bitcoin without providing all of their information and telling institutions where they custody that Bitcoin.

As we move into the future, do not let the fearmongers tell you that Bitcoin is only an asset. By centralizing large amounts of Bitcoin into ETFs, we can potentially see a world in which institutions like BlackRock and the United States try to fork the Bitcoin blockchain.

In the case of a fork, anyone who holds their own private keys gets the same amount of Bitcoin on both forks of the chain. In the past, when we saw a hard fork of Bitcoin during the blocksize wars, users wanted to preserve the decentralized nature of Bitcoin, so users sold the fork that is now known as "Bitcoin cash" into the open market. Since everyone sold that version of the chain, its market value collapsed. This is the power of free markets.

If you custody Bitcoin on an exchange or with someone else in an ETF product, you don't actually hold the private keys. You literally do not own that Bitcoin. So if a fork happens, you may find that what you thought was Bitcoin in an ETF product is now BlackRock coin. And though it may retain some value, the users who so adamantly insist on Bitcoin remaining decentralized and used as a peer-to-peer currency will likely sell it into Oblivion. 93% of the Bitcoin supply has already been mined and a vast majority of it is in the hands of individuals.

If people wait until capital controls are in place and non-kyc sources of acquiring Bitcoin are attacked by the state, they will not be able to access Bitcoin unless they know someone personally who owns it... Order they will have to go through the "approved" channels to acquire Bitcoin which will likely not involve self-custody.

In that case, people will have to provide something of sufficient value to convince some Bitcoiner to part with their Bitcoin If they don't want to use kyc/surveilled Bitcoin.

As nation states realize the blunder of waiting so long to act seriously about Bitcoin, they will be forced to acquire it. That means that the price of Bitcoin will rise drastically because there is not anywhere near enough liquid supply to allow large pools of capital to enter without moving the price dramatically.

Because Bitcoin forces a free market for money on the entire world in a decentralized and peer-to-peer way, anyone who holds it will find themselves in a deflationary monetary system where prices consistently fall. In Bitcoin, all prices will fall to the marginal cost of production... And they have been doing so for 16 years. In the last year alone, the dollar has collapsed 56% against Bitcoin.

There is no one to issue credit to large multinational corporations so that they can maintain their monopolies and remain solvent even though they are in huge piles of debt and don't turn large profits.

The current business model of using debt and leverage to corner markets and establish monopolies will be directly threatened by Bitcoin. Any companies who hold Bitcoin will majorly out-compete any who don't, because Bitcoin's value when measured in Fiat terms will go up forever. When you have Infinity dollars being the measuring stick for finite money, the relative "price" will always go up as the money supply of Fiat expands. That is math.

In a world where AI continues to automate many things and disintermediate many jobs, and robotics provide labor without having to pay wages, all of the productivity gains of society will accelerate in an exponential manner. If governments and banks can continue to print Fiat units, they can siphon all of that value into wherever they want it to go by creating new units of currency ad infinitum, And those who continue to hold that inflationary currency will pay for it in inflation. Because that's how it's designed. These Fiat currencies were designed so that nation states could fund and fight endless wars without actually having to have the capital.

Bitcoin not only destroys the business model of fractionally reserved Banks and nation states that operate on perpetual debt, it forces them to acquire it if they wish to remain solvent, and will greatly enrich anyone who holds Bitcoin before they are forced to buy it.

Thanks for coming to my TED talk.

skill issue should have put it all on black obv 🤷🏼‍♂️

2025-01-04T21:26:01Z

In reply to nevent1q…j6cq
_________________________

skill issue

should have put it all on black obv 🤷🏼‍♂️

I wrote this article on Substack about a year ago. It was ...

2025-01-03T23:02:30Z

I wrote this article on Substack about a year ago. It was inspired by a comment ODELL (npub1qny…95gx) made on the CITADELDISPATCH (npub10at…02w3) podcast.

I believe my way of understanding money is slightly different than anything I've heard or read elsewhere. Most of the really insightful monetary philosophers I've learned from are here on Nostr, and I'd love if any of them would be willing to take the time to read it and give me their 2 sats. So if anyone has a line to LynAlden (npub1a2c…w83a) Jeff Booth (npub1s05…eyhe) saifedean (npub1gdu…6nak) Parker Lewis (npub1w69…zltw) knutsvanholm (npub1jt9…la9y) jimmysong (npub10vl…sp42) and any other Bitcoin economists you know, I'd be honored if they took the time to check it out and give me some criticism. Constructive or otherwise is fine, I won't be offended either way. I'm no economist, just a guy who likes Bitcoin and figuring out how things work.

https://www.f0xr.com/p/money-as-equity

Tesla is the fiat of automobiles. https://m.primal.net/NQqr.jpg

2025-01-03T21:50:53Z

Tesla is the fiat of automobiles.

What wears bib overalls, collects welfare, and cries like a baby?

2025-01-02T01:31:41Z

In reply to nevent1q…3hu3
_________________________

What wears bib overalls, collects welfare, and cries like a baby?

Minibits has been working really well for me

2025-01-01T15:45:10Z

In reply to nevent1q…hyes
_________________________

Minibits has been working really well for me

You can also connect any external wallet that supports Nostr ...

2025-01-01T15:43:07Z

In reply to nevent1q…9nzs
_________________________

You can also connect any external wallet that supports Nostr Wallet Connect and it will use that to zap.

I'd do it just for the month off

2024-12-29T22:03:00Z

In reply to nevent1q…hgha
_________________________

I'd do it just for the month off

I've been moving my articles from Substack to Nostr as ...

2024-12-29T19:24:13Z

I've been moving my articles from Substack to Nostr as long-form notes. I have a few issues/questions that have come up in the process.

1. I've been using Highlighter (npub1w0r…cu4x) to post the articles. In the most recent article, I added some images to the text. The images show up fine in Highlighter, but not in primal (npub12vk…pugg) or a open source android nostr client (npub1nz6…0w5y).

2. I've linked previous articles in my recent articles by pasting in the note ID. Sometimes when I open it in Primal, it shows up correctly as a quote, other times it just shows the ID text string. Maybe I should be using the note link rather than the note ID?

3. Most of the zaps aren't showing up in Primal. If I zap myself, that shows up. I'm not sure where the other zaps are coming from, but they show up in my wallet, but not attached to my article in Primal. Not at my computer ATM so I don't know whether they're showing up in Highlighter or not.

#asknostr

Nothing has changed. How often do you hear a woketard accuse ...

2024-12-26T00:38:12Z

Nothing has changed. How often do you hear a woketard accuse someone of "talking like Stalin?" Curious, that, considering the atrocities of the Soviet gulags. Almost like they don't really care about the atrocities, just about any threats to their ideology. And like they proved through COVID, they have no moral compunction about committing atrocities themselves as long as the "right" people are being hurt.

"Russia's illegal oil exports" did I somehow teleport ...

2024-12-24T18:31:17Z

In reply to nevent1q…d3pz
_________________________

"Russia's illegal oil exports" did I somehow teleport to Bluesky or Reddit? Luckily there's already a perfect currency for people who want to control other people's business. Unfortunately, Bitcoin is eating its lunch.

The gender pay gap collapsed. ...

2024-12-24T18:18:54Z

In reply to nevent1q…23zd
_________________________

The gender pay gap collapsed.
https://www.f0xr.com/p/the-amish-fertility-miracle-part

We're calling 5% a price swing now?

2024-12-24T17:38:54Z

In reply to nevent1q…mdf2
_________________________

We're calling 5% a price swing now?

Demographic decline visualized https://m.primal.net/NCIj.jpg

2024-12-21T04:46:25Z

Demographic decline visualized

Sounds about right https://m.primal.net/NCIe.mp4

2024-12-21T04:42:20Z

Sounds about right

Countries and people who held onto silver too long as it was ...

2024-12-21T02:31:34Z

Countries and people who held onto silver too long as it was demonetized lost fortunes.

The same thing is happening to people who are holding onto dollars and euros and rubles today.

This comment on my Substack just made me laugh so hard. Can you ...

2024-12-16T12:33:29Z

This comment on my Substack just made me laugh so hard. Can you imagine his shock if he landed in nostr and found all the "Bitcoin scammers" eating healthy and working out and selling beef and homesteading and starting families?

Cap gains are a percentage of the Bitcoin price appreciation ...

2024-12-06T13:53:45Z

In reply to nevent1q…rnkz
_________________________

Cap gains are a percentage of the Bitcoin price appreciation measured i dollars. If you're paying cap gains, by definition, you're better off than you would have been by holding cash instead.

"US Money Versus Corporation Currency" is the most ...

2024-11-27T22:47:34Z

In reply to nevent1q…e5fl
_________________________

"US Money Versus Corporation Currency" is the most underrated book in the stack, unfortunate that I've never heard a bitcoiner or Austrian economist mention it. The fact that it was written 2 years before the Federal Reserve Act was passed, and he basically nailed everything that's happened with our money for the past hundred plus years is mind-blowing. It's not the easiest read, but well worth the effort.

Nostr event nevent1qqsdz27aut44fja9flthyvhxcka8ehm52was46anyrdl249tw25yqjgzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwg39nhd8

2024-11-12T01:43:53Z

In reply to nevent1q…x7gs
_________________________

Boom

https://open.substack.com/pub/f0xr/p/money-flows-arent-important

Not really ...

2024-11-12T01:43:11Z

In reply to nevent1q…uc4w
_________________________

Not really

https://open.substack.com/pub/f0xr/p/money-flows-arent-important

https://open.substack.com/pub/f0xr/p/money-flows-arent-important

2024-11-12T01:41:48Z

In reply to nevent1q…y3se
_________________________

https://open.substack.com/pub/f0xr/p/money-flows-arent-important

Nostr event nevent1qqstafjt4nmgmelr28q3mxl6hu5q0qunlwclak3er4hsett2dygk05gzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwggpndd6

2024-11-12T01:34:26Z

https://open.substack.com/pub/f0xr/p/money-flows-arent-important

If you're interested in understanding why Bitcoin price, and all prices, move.

https://substack.com/@f0xr/note/c-71670283

2024-10-11T13:25:45Z

https://substack.com/@f0xr/note/c-71670283

https://substack.com/@f0xr/note/c-71764470

2024-10-11T13:24:39Z

https://substack.com/@f0xr/note/c-71764470

Nostr event nevent1qqstd4fjw4zdq9tywc59e42552a7fqtjfseyh92sg68nmpc54q8zw5gzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwgh4rygc

2024-09-29T16:49:52Z

https://open.substack.com/pub/f0xr/p/the-amish-fertility-miracle-part

If you really want to knock out a cold or virus at the earliest ...

2024-09-29T16:48:32Z

In reply to nevent1q…u442
_________________________

If you really want to knock out a cold or virus at the earliest stage...

1. Tube of Ivermectin horse paste off Amazon or your local farm supply store. It's dosed by weight, take the appropriate amount for a horse of your weight. The pounds are right on the plunger of the syringe, a moron can do it. Swallow the paste in a bite of yogurt if you're a pussy.

2. Vitamin D, 5000 mg

3. Zinc, 100 mg

4. Vitamin C, 1000 mg

Take each of those every 12 hours for two days.

I've never had a cold progress past initial extremely mild symptoms if I do this at the first feeling that I'm getting sick. Done it at least a dozen times the past 4 years, 100% success.

Ivermectin and zinc are the critical parts of the treatment.

Another excerpt from the first draft of my latest article on ...

2024-09-03T02:54:51Z

Another excerpt from the first draft of my latest article on Amish culture and fertility.

“This cultural norm of large families establishes a kind of inertia that normalizes high fertility right from birth. Amish children grow up surrounded by siblings, observing, and as they get older, helping with the care and maintenance of a large family. All their relatives, cousins and extended family, are also likely to belong to large families. The average Amish child grows up with dozens of first cousins, and hundreds of more distant cousins, who they likely know well and socialize with regularly. This experience establishes a mental framework where a large family is assumed to be the default. And there is no stronger human tendency than the urge to fit in with the people around you.”

Nostr event nevent1qqsd66zy620tzt2w9sta3plag747dcy5pxtr4ahqjx57qdfhl6hxzagzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwg2pnyqa

2024-09-02T23:48:30Z

https://open.substack.com/pub/rightflank/p/universal-basic-income-just-crashed?utm_source=share&utm_medium=android&r=3i492j

UBI is a communist scam .

Working on a new Substack article on demographics. "I have ...

2024-09-02T13:36:56Z

Working on a new Substack article on demographics.

"I have read numerous articles and comments that reference the Amish to support this or that theory on the cause of falling fertility. One thing I notice is an obvious lack of understanding of the Amish culture, which leads to faulty arguments that don’t reflect reality. This isn’t surprising, given the insular and poorly-understood nature of the culture, the plethora of ridiculously incorrect “Amish” reality TV shows and pop culture myths, and the fact that the number of people with firsthand knowledge of Amish culture from an insider perspective who also write about demographic trends on any public platform is probably zero.

Well, was zero. I’m about to make that one."

Stay tuned...

"Deferred consumption is what makes capital formation and ...

2024-08-16T17:10:34Z

In reply to nevent1q…zujx
_________________________

"Deferred consumption is what makes capital formation and civilization possible. People work to create things that they don’t immediately consume, and those new tools and processes make it easier to create more things in the future with less effort, which raises the productivity of the economy (getting more output for less input) and makes society as a whole wealthier. Those new tools and processes can then be used to more efficiently create other tools and processes, which increases productivity even further, and the whole thing compounds on itself in an exponential curve of increasing productivity and increasing wealth. But it all starts with and relies on someone somewhere putting in effort now, to create something they won’t benefit from until later."

https://www.f0xr.com/p/money-as-equity

Absolute insanity. Fiat clown world has hit rock bottom, and is ...

2024-07-29T16:05:11Z

Absolute insanity. Fiat clown world has hit rock bottom, and is starting to dig.

quoting
note1q6l…yrgj
Starting in 2025, 🇦🇺 Australia will begin taxing unrealized gains in employee pension-fund accounts with balances over A$3 million ($2 million).

Yes seems to be

2024-07-28T00:39:56Z

In reply to nevent1q…r4se
_________________________

Yes seems to be

Imagine how much of an irresistible force Bitcoin is to make the ...

2024-07-27T21:29:54Z

In reply to nevent1q…0z52
_________________________

Imagine how much of an irresistible force Bitcoin is to make the most powerful man in the world do a 180 like that. Incredibly bullish.

"Legal" is unfortunately just a cope now. Of course ...

2024-07-27T18:17:12Z

In reply to nevent1q…0dgk
_________________________

"Legal" is unfortunately just a cope now. Of course it's not "legal" according to our founding documents, and how long has it been since that mattered?

How to handle traffic stops like a boss. ...

2024-07-27T15:49:04Z

How to handle traffic stops like a boss.

Oh yeah, it's definitely going to be an interesting fourth ...

2024-07-27T15:18:37Z

In reply to nevent1q…ms5v
_________________________

Oh yeah, it's definitely going to be an interesting fourth turning cycle.

The whole house of cards is built on the back of the almighty fiat dollar. And all it takes to collapse the entire system is to step away and stop holding onto your fiat bags.

Sodomites once again thumb their nose at God, this time mocking ...

2024-07-27T15:15:49Z

In reply to nevent1q…wvln
_________________________

Sodomites once again thumb their nose at God, this time mocking the Last Supper. I won't be watching a second of this Satanic blasphemy.

Because the pedophiles and sodomites running our institutions ...

2024-07-27T15:12:54Z

In reply to nevent1q…28ag
_________________________

Because the pedophiles and sodomites running our institutions love thumbing their noses at God and pissing all over the smoldering ruins of our civilization as they're busy destroying it.

Nostr event nevent1qqsxhr49djl22ygt8cyq2mzf3uv4uezzncf4y5jp2jcxptu9k4xjxjgzyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwgahnryk

2024-07-20T21:26:34Z

In reply to nevent1q…qg9f
_________________________

https://www.f0xr.com/p/universal-basic-income-coercion-or?r=3i492j

Latest newsletter ...

2024-07-19T16:04:05Z

Latest newsletter

https://open.substack.com/pub/f0xr/p/defining-wealth?r=3i492j&utm_campaign=post&utm_medium=web

If power hungry psychopaths can convince the populace that their ...

2024-07-15T14:00:03Z

In reply to nevent1q…e7jw
_________________________

If power hungry psychopaths can convince the populace that their rights aren't granted by God, but by popular vote, then shifting public perception by controlling the media and shifting vote totals by controlling the vote count is all it takes to give power hunger psychopaths "moral" cover to infringe on our God-given rights.

It's not a misunderstanding, it's deliberate, pathological brainwashing.

It is crazy, and I love it. Takes so little to be above average ...

2024-07-13T23:57:40Z

In reply to nevent1q…ryhz
_________________________

It is crazy, and I love it. Takes so little to be above average when that's your competition. Accumulating wealth faster than the American consoooooooomer is like beating a midget at basketball.

There are no countries on the Internet VPN ftw

2024-07-11T23:32:34Z

In reply to nevent1q…k4mc
_________________________

There are no countries on the Internet

VPN ftw

LFG

2024-07-11T23:26:39Z

In reply to nevent1q…2cgu
_________________________

LFG

"Green" energy is a euphemism for state mandated poverty. ...

2024-07-09T11:43:48Z

"Green" energy is a euphemism for state mandated poverty. State mandated poverty is a description of communism. 🍉 politics, green on the outside, red on the inside. Nothing new under the sun.

https://i.nostr.build/aB5Iq7PJ9cDaZHTF.jpg

2024-07-08T14:56:42Z

In reply to nevent1q…ggd7
_________________________

A few more days before sub 50 please, just enough time to ...

2024-07-05T23:45:56Z

In reply to nevent1q…ncmt
_________________________

A few more days before sub 50 please, just enough time to transfer some funds through the pathetic fiat rails

ahhh, a fellow noticer! 🍻

2024-07-05T03:14:18Z

In reply to nevent1q…7nee
_________________________

ahhh, a fellow noticer! 🍻

"In 2019, the European Parliament mandated ISA technology to ...

2024-07-04T23:44:16Z

"In 2019, the European Parliament mandated ISA technology to reduce traffic collisions and injuries. Recommended by the European Transport Safety Council, ISA aims to cut collisions by 30% and casualties by 20%, contributing to a goal of zero road deaths by 2050."

Zero road deaths. We're ruled by a literal nanny state, a generation of childless harpies with tragically misplaced mothering instincts, and their effeminate beta orbiters.

Setting an impossible target guarantees cover for unlimited totalitarian control forever.

https://www.zerohedge.com/markets/orwell-hits-highway-starting-month-cars-britain-will-have-speed-limiters

The divorce-industrial complex. Birthrates continue to collapse, ...

2024-07-04T19:54:04Z

The divorce-industrial complex. Birthrates continue to collapse, such a mystery...

Imagining that women care one iota about your step up the ladder ...

2024-07-03T00:42:55Z

In reply to nevent1q…ajze
_________________________

Imagining that women care one iota about your step up the ladder of science is peak nerd hopium, and a good way to ensure that you die without ever experiencing that moment.

Don't shoot the messenger, I'm just presenting the facts 🤷🏼‍♂️

Very different from "investing" in a house. And by the ...

2024-07-02T17:32:53Z

In reply to nevent1q…p9wp
_________________________

Very different from "investing" in a house.

And by the way, you can still be rugged by the landlord of the house you "own". The rent is a little cheaper, but try not paying your property taxes and see what happens.

I'm interested in learning

2024-07-02T17:29:17Z

In reply to nevent1q…gqun
_________________________

I'm interested in learning

If you're walking down a dark alley and two guys in ski masks ...

2024-07-02T13:14:56Z

In reply to nevent1q…z8xm
_________________________

If you're walking down a dark alley and two guys in ski masks jump you, do you demand the right to hold a quick vote with them on what to do with the money in your wallet? And then leave happy after the result of the vote is for them to take your money?

That's how democracy works.

Went to a sin festival, it was repulsively sinful. News at 11. ...

2024-07-02T00:10:52Z

Went to a sin festival, it was repulsively sinful. News at 11.

"I'm going to buy this house, and then in 20 years when ...

2024-07-01T22:05:37Z

In reply to nevent1q…67h9
_________________________

"I'm going to buy this house, and then in 20 years when the roof needs replaced and the appliances are shot and the carpet is threadbare and the walls are scuffed and termites are eating the frame, I'll sell it for a 5x profit. 'Investing' in real estate, I'm such a genius." -statements made by the completely deranged

Imagine if a publicly traded company had an "inflation ...

2024-07-01T18:10:00Z

In reply to nevent1q…xnwy
_________________________

Imagine if a publicly traded company had an "inflation target" for their stock.

"We will issue as many shares of stock as necessary every year to make sure the value of each share falls by 2% annually. The new shares will go to the board, management, and a few well connected insiders."

Imagine what would happen to the stock of any company that tried that. Yet that's exactly what the banksters do with our money. They've just been successful enough at brainwashing and gaslighting people to keep the scam going for way too long. Imagine what will happen to fiat once people start to understand the banking and monetary system the way Henry Ford did.

https://open.substack.com/pub/f0xr/p/money-as-equity?r=3i492j&utm_campaign=post&utm_medium=web

This kills the banking system

2024-06-30T16:46:25Z

In reply to nevent1q…egya
_________________________

This kills the banking system

Nostr event nevent1qqs2mv9yq939c83yurawmc5futps3xqzem34sn39xe3m7xs558g72kczyz7xengn5vhef5m9vndv3avk8gxkn3vrextgxsdmmunckg04xzvwgh8gvph

2024-06-30T16:43:44Z

And there it is, the first tassels. Beat the 4th by a week. ...

2024-06-28T14:09:53Z

And there it is, the first tassels. Beat the 4th by a week.

quoting
note1yas…akhj

Ten days from knee high to chest high. It's sucking up a ton of water right now, and no rain in sight, so time to irrigate.

note1z9u…ay3k

I'm sure if we just build a few more windmills this problem ...

2024-06-27T13:21:58Z

I'm sure if we just build a few more windmills this problem will be solved 🙄

"loyal" https://m.primal.net/IsqC.jpg

2024-06-21T14:27:43Z

"loyal"

🤮🤮🤮 and then for no reason at all the country elected ...

2024-06-21T14:26:25Z

🤮🤮🤮 and then for no reason at all the country elected Hitler with overwhelming support

But we have to ban incorrect political parties to save democracy!

2024-06-20T06:25:01Z

In reply to nevent1q…07nn
_________________________

But we have to ban incorrect political parties to save democracy!

It isn't coming right now. Gradually, then suddenly. Money ...

2024-06-19T17:52:34Z

In reply to nevent1q…wqsz
_________________________

It isn't coming right now. Gradually, then suddenly. Money supply has been shrinking for a while now, but that inevitably collapses the financial system because they're way too leveraged. And at that point it's if, not when, the next liquidity deluge hits.

That tighten>collapse>bailout>inflation cycle has been repeating at increasing size and tempo since 2000. Eventually a cycle becomes big enough that they can't stuff it back in the bag so to speak, and people just want to get out of the currency at all costs. That's when the wage-price spiral happens.

In the US we're being flooded with cheap Chinese goods and cheap Guatemalan labor. But that won't save them in the end, because the Chinese and Guatemalans will also demand higher wages to survive. The people actually doing the work always have the power at the end of the day. The elites are just terrified of the day the masses realize that fact.

In the US something like skilled construction labor costs went up by 20-40% since 2019 and they aren't coming back down. Living expenses haven't fallen, and tradesmen are continuing to raise their prices even as the building industry gets squeezed by lower demand. That's the earliest glimmer of labor shifting the pricing power back in their direction.

There are tens of trillions in bank deposits and cash in the US ...

2024-06-19T07:36:02Z

In reply to nevent1q…lsk7
_________________________

There are tens of trillions in bank deposits and cash in the US alone. "Someone" is holding every dollar at all times, so every dollar created is debasing someone's savings. Most just don't realize it.

But the worst debasement isn't savings, it's the lag in wages keeping up with prices. Every wage earner gets debased through that, and for a non-trivial amount.

Hyperinflation happens when wage earners finally catch on, and proactively demand wage increases higher and faster than price increases. That's what happened in Germany and Austria in the 1920s. The bougie "elites" were aghast at the wages demanded by their domestic servants, while their own "risk-free investment" in government bonds had evaporated to essentially zero.

That's the dreaded "wage-price spiral" the Fed has been freaking out about since 2021.

Reminder that climate "science" is as ridiculous as ...

2024-06-18T22:39:01Z

Reminder that climate "science" is as ridiculous as voodoo, and even more evil.

Yeah I think a bridge in some little town that only gets local ...

2024-06-17T23:23:12Z

In reply to nevent1q…rtgu
_________________________

Yeah I think a bridge in some little town that only gets local traffic is exactly the kind of unproductive investment a sound money standard will kill. Imagine how that project gets built today. Massive debt issuance by the state, or taxes on people who will never use the bridge.

I see the fact that these projects under a Bitcoin standard either don't happen, or get fronted by a wealthy local benefactor, as a really good thing. I don't want my taxes and the inflation of my savings building bridges in Podunk Missouri. Let's use that to build SMR's or desalination plants or something really worthwhile.

The project might not be a good allocation of resources. Under a ...

2024-06-17T23:02:38Z

In reply to nevent1q…tqqt
_________________________

The project might not be a good allocation of resources. Under a sound money standard, that becomes obvious quickly. If it can't produce enough profit from tolls to repay the loan, it's a poor use of resources. The market is telling you that people value something else more than they value the bridge. Maybe adding a second ferry to reduce the wait time is a better allocation of resources?

We've been brainwashed by fiat economics to see any infrastructure or any business that "makes money" as productive. Without the ability to finance those things through inflation by issuing debt, only projects that provide a lot of real value will be able to get financing.

Anything else will have to be paid up front, by someone who values the project for other than purely economic reasons.

Under the current system, the interest for loans comes from new ...

2024-06-17T22:45:58Z

In reply to nevent1q…e5kt
_________________________

Under the current system, the interest for loans comes from new loans. That's why M2 only goes up to the right, and any pause collapses the entire financial system.

That's a consequence of the debt/fiat system based on the fraud of usury, where banks charge interest to loan out money they don't have.

Imagining a Bitcoin standard is tough right now, because we're in a brief blip with Bitcoin rapidly appreciating in value as in gets monetized. Eventually that process slows down and stops. At that point Bitcoin deflates at the rate of economic growth. That's a lot slower than the current value appreciation. At that point loans become possible, as long as it's for a genuinely productive use that beats the overall rate of economic growth. Loans don't go away, but massive misallocation of capital does.

Another good reason to avoid centralized platforms, for both ...

2024-06-17T22:19:37Z

Another good reason to avoid centralized platforms, for both posting and reading.

Charging interest will always be attractive to those making the ...

2024-06-17T21:42:31Z

In reply to nevent1q…mddj
_________________________

Charging interest will always be attractive to those making the loan, as far as I can see. The difference is that under a sound money standard, paying interest on unproductive debt becomes completely untenable.

This is partially a result of misunderstanding what money is. Debt as money is a terrible perversion of the concept of money as a ledger of deferred consumption. A sound money economy makes a lot more sense once you start thinking of money as equity, rather than debt and fiat.

If you had to take out a loan of Exxon shares and repay it in Exxon shares + more Exxon shares, the bar for profitable use of debt goes up.

https://open.substack.com/pub/f0xr/p/money-as-equity?r=3i492j&utm_campaign=post&utm_medium=web