@Dizzybutterflyy
@LPTN1776
@RepThomasMassie
Corporate greed is a constant. It doesn't explain the sudden price changes.
To argue that corporate greed is to blame is to argue that corporations were less greedy before the recent price increases.
#BTC
and
#EOS
are perfectly complimentary. The two most valuable things are energy and cooperation. Bitcoin subsidizes energy. EOS subsidizes cooperation. Bitcoin runs on market principles. EOS runs on Democratic principles. Bitcoin=proof of work. EOS=proof of contribution.
This is why mandatory masks are a bad idea.
Every law is ultimately enforced by violence. If you think you are in favor of a law, you must first ask yourself if you would be willing to personally pull the trigger.
It seems
#EOSIO
is poised to add tremendous security value to most businesses in the near future.
@block_one_
has the vision, expertise, drive, and funding to get some magic done. What do you
#EOS
fans think about how mass EOSIO adoption affects EOS main net?
#Blockchain
"It's a great business to be in, Central Banking, where you print money and people believe it" - Adrian Orr, Governor Reserve Bank of NZ
He says this while the state imposes legal tender laws, and myriad banking and AML laws. "Belief"? or coercion?
If you need a dose of hope amid the current madness, check out the latest ep of Closing The Loop w/
@harry_sudock
The impact that
#bitcoin
mining will have on the world is mind-blowing & Harry is one of the uber-passionate & exceptional bitcoiners making it happen.
@woonomic
Check out the book "More Equal Animals" by
@bytemaster7
. It's the best treatment I've seen of why our current democratic process is broken, and actions individuals can take now to start fixing it without requiring any acts of congress.
#fractaldemocracy
@bytemaster7
Fantastic! I'm convinced this world will be better for it! Fractally integrates individual and collective values (ideologies) better than anything I've ever seen. Solid philosophical foundation.
Ep 258 of
@TFTC21
is live! I sat down with
@untappedgrowth
to discuss:
- The Fiat Standard
- Speculative attack ESG?
- The morality of ESG
- JJ Hill
- Seeking Truth
- much more
Peep. Share. Subscribe. Engage.
@bytemaster7
@EOS_Nation
Awesome to hear. Both sides are pumped for the synergies that will come when community members are empowered to fund the bps who build the most value into EOS. The community is ready. The good bps are ready. Let's go!
This is what my wife does! Of course, she can't charge anywhere near $15 per year because Utah limits reimbursements to $300 per year per student for a class.
We spend $15,424 per child per year in public schools
Imagine if that money went directly to families
A teacher could set up a microschool with just 10 students and pull in $154,240 a year.
@ColinTCrypto
I get your frustration, but what do you hope to accomplish by accusing
@YvesLaRoseEOSN
? Do you want him to explain? Apologize? Feel humiliated?
Requesting an explanation to understand his shifting perspective seems useful.
Community, man. 🙏
@bytemaster7
This is great. Twenty minutes in now and loving it. This is exactly the kind of material my wife and I crave as we try to model good communication for our kids. Thanks for sharing. How did you find this Marshall Rosenberg guy?
People are waking up fast to politician hypocrisy. No
@SpeakerPelosi
, we do not have a free market. You control it.
Thanks for this video,
@APompliano
. Keep dropping those truth bombs.
@HernanArber
I remember reaching a point where I didn't care how low the bitcoin price dropped. I wasn't selling - I was buying. I believed in the principle too strongly and I liked to use it. I'm there now with EOS.
@MartyBent
The gold shortage should highlight the fragility of any system that relies on counter party trust. Nothing is freer from counter party risk than bitcoin.
@pNetworkDeFi
A good while ago I signed a transaction to swap pBTC on EOS to on-chain BTC using . And yet the pNetwork has yet to detect my transaction. Not good.
@truerinfo
@block_one_
Yes. Without a REX, you require dapps to hoard EOS, which in the short term drives up price. But without a REX, you've priced out every dapp that comes too late. EOS gets stuck with the first dapps instead of the best dapps, which drives down price long-term.
Filed under favorites. Thanks for this one, guys!
Reducing Bitcoin down to "it's a new form of money" is perhaps accurate, but only if you understand what money is. Money is co-creative energy that fuels the engine of human cooperation, the greatest engine of prosperity known.
This is why I also have
#EOS
-- not for the moneyness of EOS but for the network resources. I want to control my own private keys, but eventually I'll be priced off the Bitcoin blockchain. EOS will scale Bitcoin.
#BTC
is my gold,
#eos
is my bank shares.
If
#Bitcoin
is treated as a treasury reserve asset, based on our model, 99.98% of all transactions will be off-chain, and assets-at-risk will be in cold storage 99.92% of the time.
Stop bitching and take some initiative. Asking permission has never worked.
Anyone in
#Calgary
that wants to bootstrap a local
#Bitcoin
circular economy with me, it's happening. Here comes the Saturday SAT market. Help me build it.
@orangepillapp
link:
"But Bitcoin is too volatile."
The big picture is this: the world will not tolerate the dollar forever. When money dies, prices get volatile. The question isn't if Bitcoin is volatile or not. It's is it well designed money or not?
@_JamesMart
Good thoughts. Thanks for sharing. You're absolutely right. The question of token holder consensus should not still linger. Hopefully we've learned something, and when contentious decisions arise in the future, tools will exist to make the consensus clear.
@moore_chaney
@bytemaster7
@BrendanBlumer
Solid take. The extreme caution around blockone's influence on EOS value makes perfect legal sense. I think in this situation we'll see an extreme case of "underpromise, but overdeliver."
@ErikVoorhees
Should I worry?
"These markets are sustainable." - Chairman Powell, November 2019
"We have deep and liquid financial markets that are repairing." - Chairman Bernanke, January 2008
"A national housing bubble is not likely." - Chairman Greenspan, June 2005
The FED fulfills its mandate of creating jobs by decreasing wages through inflation. The people's money loses its value, and viola, more people have to work. H/t
@JeffBooth
@Rich_Downing
@BrendanBlumer
@block_one
I blame the
@SEC_Enforcement
. Their policies didn't and don't keep consumers safe. Instead their out of touch regulators and policies thwarted the innovation that was possible and promised and crushed our plans.
@eosfanatic
@block_one_
Which makes sense. Imagining a world with mass EOSIO sidechain use, I think many sidechains will probably hash their state to the EOS mainchain for integrity. It seems a strong EOS chain is essential for maximum EOSIO sidechain integrity.
I love this video! A Latvian family builds a beautiful wood home over the course of a winter and 3 summers using only hand tools!
See the home be built from start to finish:
See Jacob tour his home and explain the process: 1/7
Debating the logic of lockdowns for the past 26 months feels very similar to this "debate." No wonder I've given up on convincing people and instead I'm only interested in finding my people.
@PrestonPysh
Thinking out loud here. Governments need to somehow fund unfunded liabilities without hyperinflation in commodities. What if bitcoin could hide fiat hyperinflation for governments, and take the wrap as a crazy bubble. Could be a narrative government needs.
Ross Ulbricht's (
@RealRossU
) sentence is the greatest violation of the Eighth Amendment that I'm aware of in the United States today. The Eighth Amendment prohibits the federal government from exacting cruel and unusual punishment.
@JeffBooth
@Breedlove22
@WhatisMoneyShow
Loved the insights at the end of Bitcoin elevating human consciousness to higher levels through the gift of freedom and time, enabling us to step outside of the control system.
Pride
You have been asleep if you have not noticed it: this year the narrative about Bitcoin and the environment has changed.
Utterly.
Scientific papers, industry reports, news reports, new data and inspiring stories pour in, with ever increasing volume, intensity and
@bytemaster7
Very cool, Dan! I love your critical and thoughtful approach to these topics already. Looking forward to hearing your take in this setting and witnessing how your audience responds.
@Barnzooor
The consensus process was magic for me to watch. Hahn was our elected representative from room 14 round 1. Even though he lost in round two, I still felt I was winning up through the rounds because of the recorded consensus process. Feeling excited for the future.
"When Authoritarians promise paradise, it's a lie. The truth is life is tough. When they promise they will eliminate suffering and give us utopia, they will lead us to hell."
Resurgence of cannibalism in North Korea and the ensuing massiv... via
@YouTube
Gary Gensler is asked about the pending spot
#Bitcoin
ETFs instead of the $26 trillion treasury market and he gets offended. 🤯
He’s holding the Bitcoin ETF hostage.
This is why Bitcoin engineers decided on 1 mb block size limits to make it possible for people to run their own Bitcoin node over TOR on a Raspberry Pi.
If you can’t lose it, it’s not real money.
I remember the day that someone somehow accessed my debt card info and was withdrawing $400 from multiple ATMs around the SoCal area.
Worried, I called customer support at Chase. They said not to stress. They marked the card stolen,
Privacy > KYC
The long-term reform is to end KYC completely.
End financial surveillance. Stop forcing companies to collect hackable jackpots of KYC data. Better one guilty man go free than millions of innocents get hacked.
Because they will get hacked, as Treasury itself was.
@bytemaster7
I have a dream...that phenomenal defi tools will render state control over privacy as an absurdity, like Bitcoin is rendering state control over money as an absurdity.
Bitcoin: Maintained its fixed monetary policy for over 11 years while not verifying a single fradulent transaction
Central banking: Quantitative easing, negative interest rates, deficit spending, fractional reserves and capital controls
Which one is the scary experiment again?
I'm looking forward to this Real Vision deep dive into EOS. The dismissive prejudice against EOS feels very much like the arrogant attitude of so many toward Bitcoin in 2011.
@RaoulGMI
@BrendanBlumer
#EOS
#Bitcoin
@Breedlove22
It took hundreds or thousands of years for wealth to shift with the shifts of past ages. Hunter gatherer to agricultural age. Then agricultural to industrial. The transition to the information age will compress the wealth shifts into a single lifetime. H/t Sovereign Individual
We are transitioning from a world where money is abundant but everything else is scarce, into a world where everything is abundant but money is scarce. Today money is printed. Tomorrow everything else will be printed, and money will be impossible to print.
@ColinTCrypto
Keeping the BPs in check and accountable is crucial, so thanks for driving the hard conversations. I just wish the tone could be more productive and less belligerent.
Governments will inject trillions of dollars into the economy. Cash injections will prop up asset prices. Easy money will move people to look for a hard money. Hard money will absorb value like a black hole, converting pre-coiners into hodlers one at a time.
#BTC
Reading and enjoying "The Price of Tomorrow" by
@JeffBooth
Money created through debt is crazy. Think about it. Society has to pay interest on every dollar that exists.
No wonder the financial sector has grown so large.
Bitcoin fixes this.
Watching Joe's interactions, it's shocking how much work there is to be done before the world is using Bitcoin. But at least it's possible. The solutions are just waiting for us. With fiat, it's hopeless. With Bitcoin, there is hope.
Here’s my latest silly street video where I try to give out
#Bitcoin
to people:
#BitcoinBeat
, Havana🇨🇺🌴
It’s a bit different because Cuban spies stopped me doing bitcoin things in public. (lol srsly)🕵️
Enjoy, share, retweet, quote tweet, subscribe or idk, keep scrolling🧡⚡️
@TheGuySwann
Every money needs a distribution mechanism.
Newly minted Bitcoin is awarded to energy producers, incentivizing energy production - the foundation for human flourishing.
Newly minted dollars are awarded to politicians, incentivizing special interest groups and lobbyists.
"The ideal citizen of Orwell’s Oceania bubbled with rage a mile wide and a millimeter deep and could forget in an instant passions that may have consumed him or her for years. We just did this, with a pandemic that had the country steaming with indign...
.
A new level of video quality from
@Breedlove22
full of wisdom gems. I recently listened through Joseph Campbell's six part YouTube series, The Power of Myth, a couple of times, so this comes at a good time for me.
This
#bitcoin
bull cycle is going to be something serious. We're reaching a tipping point where most people will want some BTC as insurance against fiat irresponsibility. The more the BTC price climbs, the more people will want.
"In a world where central bankers are tripping over themselves to devalue their currency, Bitcoin wins. In a world of fiat currencies, Bitcoin is the victor."
🔥🔥🔥🔥
My 2018 Joe Rogan Experience appearance was CENSORED by
@Spotify
. He didn't use any racial slurs in the episode. I RAILED against Saudi Arabia in it and Spotify just happened to expand into the Saudi market at the exact time that coincides with the banning (1/2)
Code is law. Open source code creates "supervision" that is more equitable, transparent, representative, accountable, and reliable than any central planner could possibly imagine. So they will keep crying and we will keep building.
Oh Uh... Bloomberg is warning us 🚨
"Crypto Is Failing as Money" but don't worry... "Regulators Can Save It" only as long as it's "correctly supervised" 🤡
#Bitcoin
and
#lightning
are already succeeding, no supervision required
I'm American. The Second Amendment outlines one's right to bear arms. This right is not for sport, leisure activity, or even self-defence against the local bad guy. The Second Amendment explicitly addresses one's right and need to defend oneself from our own government.
I know we're supposed to say Bitcoin is uncertain, blah, blah. But it sure does feel inevitable lately. Even with the current price drawdowns. That is noteworthy. Bitcoin isn't an investment, it's a lifeboat.
Here is a video of Mexico’s third wealthiest man explaining why he believes all fiat currencies are a fraud and he wants to hold bitcoin over the next 30 years.
Incredible to see this from
@RicardoBSalinas
given his historic wealth and success.
It's amazing to me that without any specific direction, the market "new" that real estate would protect savings better than anything else.
The market wants scarcity.
The market is going to love Bitcoin, especially when stock-to-flow exceeds 100 and beyond.
#bitcoin
stock to flow cross asset model (S2FX) .. with silver, gold, diamonds and global real estate. Formula BTC = exp(12.7)*S2F^4.1 and $288K forecast unchanged. Article with details, explanation and sources forthcoming.
Not sure who needs to hear this, but price is just the point of agreement of the last buyer and seller. Market cap is a fiction that multiplies this number by supply. No principles of physics conserve quantities of value. There are no dynamical laws, as in physics.
So even if
The world is too dangerous. The
@SECGov
is keeping is safe. Like Rapunzel locked safe in her tower we should be grateful. Mother knows best! /sarcasm
Mother
@SECGov
, you are extinguishing the flames of innovation. You are the villain.
@BlockFi
@BlockFiZac
Does this feel like a terrible game to anybody else? A game that puts winning an argument above finding justice or improving society? Does this lawyer really believe that Kyle deserves severe punishment and that punishment would make society better?
Prosecution: "You decided you needed to run because of the fire?"
Suspect Kyle
#Rittenhouse
: "Yes."
Prosecution: "Why? What was so urgent?"
Rittenhouse: "It was a fire."
Prosecution: "There's fires all over the place. So?"
#Kenosha
@bitfinex
@eosfinexproject
I feel so lucky to be excluded as a US citizen once again. Government bureaucrats protecting me through control and isolation, doing their duty. Land of the free, home of the brave. /sarcasm
@SEC_Enforcement
The active armies of VC fiat allocators are an artifact of fiat times. These are Bitcoin peace times we find ourselves moving into. Disperse the armies.
Fiat Games on Bitcoin
There's a saying about standing armies in peacetime, it's generally not a good idea. Wartime emergencies are one thing, but when you have a standing army during peacetime, they generally just get in the way because, like most armies, they crave action.
If
My first month of tracking 7-day APY is done.
Comments on the data:
1) Early June I opened large channels to LOOP for low fees which temporarily boosted my APY at the expense of long term profitability because it destroyed my inbound. You can see my APY peak and decline. 1/2
The creative destruction of markets is moving to the currency level because governments have thus far diverted the consequences of malinvestment through inflation. H/t
@JeffBooth
I've never been more frustrated at people's inability to process facts. Once a fear-based idea gets in someone's head, no matter how fictional, rationality stands little chance of interfering.