Andreas Kohl
@aejkohl
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Building @sequentiaSEQ. I fight for Bitcoin, property rights, self-determination, and therefore Liberty for all mankind. Nothing more, nothing less. ₿+🇱🇮/acc
Sensuntepeque, El Salvador
Joined April 2013
@SequentiaSEQ Sidechains are for assets. Bitcoin is for money. L2s are payment layers that can (and should) run on both.
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@sovmindset Still bitcoin country - not a Bitcoin State. And that's okay - Bitcoin makes abolishing the traditional State as a monopoly enterprise inevitable, anyway.
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@lopp I think there are a few more things that make him preferable to Biden and Harris aside from that. But agree he's still an authoritarian/socialist. Only thing I disagree with however, is your spelling of "echelon". It's a French loanword, not a German one, cmon.
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"I love him like a brother" would be the less weird way of saying this.
I love @realDonaldTrump as much as a straight man can love another man
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You seem to be under the mistaken impression that "price inflation" is a separate and distinct concept from "general inflation"... Prices increase when supply drops faster than demand or when demand rises faster than supply. It is only "inflation" when this happens to money, and this only happens to money when it is printed.
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@ORCashFlowPro @teslaownersSV Whenever money is printed and then introduced into the economy, there is inflation. It doesn't matter whether the newly issued money is injected via government spending or CEO salaries; those are second or even third-order effects, whereas inflation happens right upon issuance.
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If you give "democratic legitimacy" a self-consistent definition, ie a democracy is only legitimate if all of its constituents are themselves democratically legitimate, then a legitimate democracy must offer the right to secede to its constituents and be composed of constituents which themselves offer the right to secede to their constituents. Eg the government of USA is only legitimate in Texas if a majority of Texans agree, and the government of Texas is only legitimate in Austin if a majority of Austinians agree, and so on to the level of boroughs, neighbourhoods, and ultimately individual private property owners. It is with this definition that I consider democracy synonymous with anarchy.
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It's not "forcing" if you can unilaterally secede (exit yourself and your private property from the jurisdiction of the governance structure). Admittedly Liechtenstein doesn't have this at an individual level and therefore it's impossible to live in Anarchy within Liechtenstein. But I would still argue that "Liechtenstein is anarchy" because it does recognise the unilateral right of exit of its 11 constituent municipalities (which can be exercised through a municipal referendum, not a national one). It's just that the 11 municipalities are themselves States and not anarchy because they don't recognise the unilateral right of exit of its own constituents (private property owners).
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Wrong. Inflation has a single fundamental origin: money printing (and subsequent lending by central banks), which is itself only sometimes tangentially linked to government spending. While true that gov spending generally means money printing, the reverse isn't necessary.
Elon Musk on government spending drives up grocery prices “When you see prices go up at the grocery store, the prices are going up because of excess government spending. It's very important to connect these dots. The supermarkets are not taking advantage of you. It's not price gouging, it's that the government spent too much.”
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@sovtoshi @Laurastacksats @nayibbukele True anarchy is the absence of State (ie an institutionalized property rights violator, such as Salvadoran gangs), and not necessarily the absence of govern(ance/ment). True anarchy is having the constitutionally protected right to secede. True anarchy is Liechtenstein.
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RT @bitfinex: 🎙️ This week on Bitfinex Talks, we sit down with @aejkohl from @sequentiaSEQ to discuss a crucial question: can Bitcoin-nativ…
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