Working on nation-state #Bitcoin adoption. CEO @ JAN3, architect of the #BitcoinBonds, CEO @ Pixelmatic, and creator of Infinite Fleet. đ
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npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Profile Code
nprofile1qqsvnvvlln2ru6jlyweayugxecv7ftfdlzd6zqca63sh7x6ercggjegslclp9
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Published at
2023-10-03 00:50:24 Event JSON
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Last Notes npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Goodbye Joe Biden đŚ Hello Strategic #Bitcoin Reserve đŚ
npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion And yet number goes up. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The average laser-eyed #Bitcoin pleb has a better understanding of monetary policy and economics than most bankers and government officials. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Keep calm and HODL #Bitcoin. Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down. Samourai You have to unpack all of the different elements. Could this be a state attack on self-custody and privacy? Maybe. Probably not. There are a few components here that need to be evaluated on their own. 1⣠Samourai was a self-custodial wallet 2⣠Samourai was a mixer 3⣠Samourai was providing normal people with privacy 4⣠Samourai were knowingly marketing the service to criminals and flaunting that fact Reading the charges, it seems like #4 is pretty cut and dry for this case. Their getting arrested for #4, doesn't automatically mean #1, #2, #3 are under siege as well. If Samourai was a taco stand laundering money and bragging about it, I'm sure they would be taken down too. They may be accused of running a money transmitter now, but that may or may not stick. We'll find out in the trial. All that said, we should always be vigilant to attempts to erode privacy and the ability to self-custody. It just does not seem that this fight is *that* fight. FBI PSA Seems pretty normal that the FBI would advise people to use compliant services, and the entire announcement seems to revolve around potential disruptions due to Samourai being taken down, and potentially others in the future. Given they took action, they have to post some bulletin about it. Remember that when people lose funds or have funds stolen from them, they do go to the FBI for help. From their point of view, the best thing for people to do is use compliant services where they can potentially help. The announcement concludes saying that services that purposely break the law will be investigated - so again we go back to #4 above. This is nothing new, and self-custody is not being criminalized. Phoenix Leaving As @npub1sg6âŚf63m said, it's feels completely unnecessary. Phoenix obviously is not a MSB and they are not doing anything illegal. In my view, their exit from the US app stores is a complete overreaction. Keep Calm Could "they" come after wallets, developers, mixers, nodes, LSPs, sidechains, eCash, VPNs, encryption, etc? It's totally possible. But if you're not breaking the law, you have nothing to worry about. To my knowledge, there is still rule of law in the US, property rights are still protected, and privacy is enshrined in the Bill of Rights (@npub1trrâŚhdpu). It would be very difficult to change the law or stretch it to incriminate these things because it's all just information and software, which is speech. Some will try. But as they are trying, #Bitcoin is becoming more and more mainstream and integral to the world's financial system. #Bitcoin is freedom technology and it will continue on. Go outside this weekend and think about why you're here. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion We were here to witness the 4th #Bitcoin halving. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion When the meter gets to the end is that death? npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The only thing preventing #Bitcoin from becoming corrupted fiat money is the ability for plebs to run their own nodes. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Heard the same. Crush may be a bit overdramatic though. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin is a threat to totalitarianism and communism, so be wary of politicians that say Bitcoin is a threat to âdemocracy.â npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin is for future generations - generations that had once been enslaved with fiat debts not of their own, and before they were even born. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Services in the marketplace might have KYC or tracking. We cannot control that part of the user experience. AQUAâs core is non-custodial and there is zero tracking whatsoever. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Your digital battery is useless if no one can get them to use. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Set it up! npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion We should call inflation what it really is: fiat failure. 5% inflation? Thats 5% fiat failure. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Money is the Operating System of the world. #Bitcoin gives us an OS that cannot be hacked. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin as a Medium of Exchange cannot be ignored. Without the ability to transact Bitcoin permissionlessly, it will end up captured and neutered like gold is. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion For poker chips :) npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Much like diplomacy is a lost art, seeking the win-win is also something largely forgotten by the world. Fiat only incentivizes win-lose, plunder, and oppression. #Bitcoin is the win-win equilibrium for the world and Bitcoiners want to help others because âif you win, I win.â Another node on the network as my peer means Bitcoin is more resilient, and we all win more. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Youâd be a good Samson Mow! #note19vaâŚrzzm npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Bitcoin wallets have this problem too that they donât build for consumers. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion There is absolutely nothing that any government or central bank can do about inflation at this point. Weâve passed the point of return for the legacy system. Only three paths exist now: 1ď¸âŁ Hyperinflate 2ď¸âŁ Default 3ď¸âŁ Buy #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Borrowing without consent is stealing. Learn about #Bitcoin for the sake of your descendants. https://image.nostr.build/260b8898e104679a6e480e998ace1c4d973fadc79537a7f780cc8e47b1fdbe26.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Diminishing returns are for nocoiners. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation. The last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC. IBITâs average stack is Ë$200M/day or 4.7k BTC. FBTCâs average stack is Ë$175M/day or 4.2k BTC. So every 2 trading days, just 2 of the New Nine are hoovering up what MSTR does in a good month. But more importantly, the IBIT/FBTC intake is Ë9k BTC a trading day. Mining only supplies 900 a day. So demand from 2 ETFs alone is 10x supply. Supply is going to get cut in half in less than 3 months, which means this demand will be 20x supply. And this demand is just 2 ETFs. Donât forget MSTR, Tether, and many more corps are also accumulating, along with nation-states, HNWIs, and plebs. Plan accordingly. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion No amount of selling is going to be able to keep up with #Bitcoin demand from plebs, corps, nation-states, and ETFs. That is the reality people must accept. Some are bearish now and seeking out bearish things irrationally. Be rational. Leave the emotions out and do the math npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion There are no diminishing returns when a step change takes place. Bitcoin is not a marginally better $ or gold. #Bitcoin is a 1000x improvement on any monetary technology devised in all human history. Diminishing returns is an irrelevant concept when the entire game has changed. https://image.nostr.build/d6e20bc2b30efc86b85f991a3409435ff1c03746a5384c00d8d9dd1e2151639d.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Thereâs a certain irony in Brian Armstrong trying so hard to change Bitcoin, promoting every fork, pushing Ethereum as a better Bitcoin, and listing so many shitcoins, but now his only job is providing custody to ETFs of the original #Bitcoin, the one which he saw as deficient. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Happy 2024 to all the #Bitcoiners! đ Especially the Laser Eyed, Toxic Maximalists, trolls, and so on. Weâve been called many things throughout history: heretics, blasphemers, witches etc, but weâre the ones that move the world forward. Keep at it For #Bitcoin For the future https://image.nostr.build/cff2719859c018ec032c135f29629345df21d50485ee0f02736e6a96d2d2ec3a.gif npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Recursive Demand Shock⢠Thatâs it. Thatâs the note and other stuff. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion MSM: â#Bitcoin Experienced a 2-Omega Event Todayâ npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion A God Candle is $10k green on the daily. Weâve had this term a while. For $100k #Bitcoin candles I like Omega as it goes well with a quantifier. Just like with earthquakes, we have the Richter magnitude scale (5, 6 etc), we can measure BTC in Omegas: âitâs a 4âOmega candle.â npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion While they begin Quantitative Easing again, we will perform another scheduled Quantitative Hardening. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion While they ACCELERATE, we will OSSIFY. #Bitcoin https://image.nostr.build/a55db8d93c92e3a0a0abdc1ce3c552506f5675d2a945c549df90531b2e63c893.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Iâve come here to eat steak and send #Bitcoin to $1M, and I'm all outta steak. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Government: âInflation is at a manageable 4%.â Also Government: âWeâre giving ourselves a 38% raise to combat the crushing effects of inflation.â đ¨đŚđ¤Ąđ https://image.nostr.build/9683121e6479483c91764bd09ffe6ab216ed8bbe904ace8fe1673f7a3241882d.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The ETF approvals arenât priced in The halving isnât priced in More nation-state adoption isnât priced in Renewed QE isnât priced in The multiplier isnât priced in The Veblen effect isnât priced in All of this happening at the same time isnât priced in #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion baea253c31b1d668c4f1ef56b972f395fe7007060b6f87abc654bee9d9159951 npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion LFG #Bitcoin https://image.nostr.build/5d4e1d5957574aa47d362238599c4ba3ae280af7bcea3f26fa81c630cfa26b4b.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion *Influential used loosely and may include third rate comedians. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Itâs amusing to see influential* accounts randomly dunk on #Bitcoin out of nowhere. Feels like weâre about to win. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Elizabeth Warren is 74. The dinosaurs are slowly but surely dying off. We can HODL #Bitcoin longer than they can spew nonsense. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion đ˘ https://image.nostr.build/90a8d82d6788c9fcb40292ac3ae30bb75778df05e5ffcbad7895de3c517aece5.png npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion It may blow past $1M and then drop to $500k. Media reports Bitcoin is ded. đ npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Balaji wasn't wrong about #Bitcoin going to $1M, but he was wrong on the timing and the catalyst. My $1M call is based on a massive rapid influx of institutional capital while Bitcoin available for sale is at historical lows, compounded by the halving. His $1M prediction was predicated on money printing and banks failing. Those two things could potentially be a driver for a rapid run to $1M but not likely. The money printing already happened and then dried up. It will take a few more years for the market to adjust accordingly. As for banks failing, normies will just look for a "safer" bank. They aren't at the stage where they realize no bank is really safe and Bitcoin is the only option. TL;DR: #1MBitcoin is in play. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion This time really is different. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Demand Shock x Supply Shock = Price Shock #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion We're about to see what happens when demand shock meets supply shock. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The run up this time is different from last time. Last time there was a ton of easy QE money sloshing around. This time, money is still tight and interest rates high, but everyone is allocating to #Bitcoin. Pay attention. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The President of Colombia is now a #Bitcoin HODLer for sure. 100,000 sats to be exact. âď¸đ¨đ´ https://image.nostr.build/de26cab603f2492b0d68221b2fe0b4d7fae7df6a0891249664dcebda75dcb34b.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The President of Colombia is now a #Bitcoin HODLer for sure. 100,000 sats to be exact. âď¸đ¨đ´ npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion @npub1janâŚx52y is always hard at work. đ¸đˇ https://image.nostr.build/2ed4348ad9b5a51f5b438a1d5ab5cf09f8b23ba7c915e1eabb84d2f5b854d587.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion And just like that, the conversation is now about $1M #Bitcoin. Brought to you by the bulls that said ATH before halving. đ npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion In 2017 it took ~9 months for #Bitcoin to go from $1k to $20k. The block subsidy was 12.5, there was a lot more BTC sloshing around on exchanges, mining was boiling the oceans, and there was zero institutional money coming in. $1k to $20k is 20x. $50k to $1M is 20x. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion đ npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion It has come to my attention that there are some #Bitcoiners that donât think #Bitcoin can reach $1,000,000 in a matter of days/weeks after ETF money starts to flow in. Theyâre in for a pleasant surprise. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion ETFs The return of QE The Halving Another nation-state adopting #Bitcoin This is all coming and very soon. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Weâre not just pushing for #Bitcoin adoption. Weâre working on the restoration of civilization. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Better. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Exactly. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Every #Bitcoin transaction results in new Bitcoin. You only need to CoinJoin if you believe what the surveillance firms tell you. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The money broke because we outsourced it to bankers. Freedom broke because we outsourced safety to bureaucrats. #Bitcoin is fixing this. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion I spent the entire bear market writing bullish #Bitcoin tweets and saving them in my drafts. Iâm ready. Letâs go. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Many buyers are waiting for #Bitcoin to reach $100k before they take action. Thatâs okay. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Before we run it back turbo, hereâs a reminder that @elonmusk sold 75% of Teslaâs #Bitcoin holdings at $30k. Good thing they limited their losses for one quarter. /s https://image.nostr.build/5787d6665486afa39e5b707b756ab5a6c3657f8b32247ab30f4b72b948df0403.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The new ATH variant this season has been identified as â10ETFsâ and is a very potent strain. Trust the science. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion These people like to be sick. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Remember to get your #Bitcoin booster shot before the next ATH. ATHs can be very detrimental to your ability to stack sats. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Big red flag: when they replace #Bitcoin with Crypto. https://image.nostr.build/bd10bcb438baa3def99e65aa00395498a2a9572545f9fbe7d0e469b819295761.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Good ideas have no borders. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion I find diagrams like these offensive both for #Bitcoin and the Internet. Imagine thinking the next evolution of the web is a bunch of pump and dump scams. Historians will look back and have a good laugh. https://image.nostr.build/6d8e1276b606ac208accf85be8b19e32355da6c24e5164ccb53815b78065c0a7.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion He is a bit dense - first hand info from people that worked with him. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Discovering #Bitcoin is finding truth in a world built on lies and deception. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Climate hysteria is nothing new. https://image.nostr.build/910dbf031c1f2d28df5e726fb4f0255210a8f21f8eb0affbfd9e023760938e21.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion My biggest worry in the next #Bitcoin bull run is I wonât have enough time and energy to tell all the people âI told you so.â npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Donât be surprised when #Bitcoin goes to $1 million post spot ETF approval. Market cap doesnât increase linearly ($1 BTC buy doesnât make market cap go up $1), thereâs a multiplier effect. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Remove your money from the legacy system while you still can. The doors are closing. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin just has to double plus a bit and then we have a new ATH. If you think thatâs not possible, then youâre new here. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Remember the Bitcoiners that called for a new #Bitcoin ATH before the halving. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The biggest challenges for human civilization to overcome in the next decade are: 1ď¸âŁ Relearning what money is and why sound money is so important. 2ď¸âŁ Understanding that energy is abundant and can be harnessed by our technology. 3ď¸âŁ Seeing other people as individuals, not as part of a country or ethnic group. #Bitcoin will be a key driver for achieving these 3 things, and if we can achieve them, we just might have a future. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Even if the ETF approval news today was premature, the approval will happen and #Bitcoin will see a massive green candle. Itâs just a matter of time. Enjoy cheap sats while you can. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Freezing bank accounts Printing money Quantitative easing Quantitative tightening Raising rates Increasing debt Abolishing income tax Theyâre pulling on all the levers of the legacy system with a desperation never seen before. Failure is imminent. Buy #Bitcoin. Opt out. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The current Argentinian governmentâs ploy to abolish income tax and prevent Milei from being elected president just accelerates the failure of the legacy system. If they can abolish it in an instant, they can reinstate in an instant. I hope the people of Argentina see through it. Itâs all a game. If you can make âultrasound money,â you can undo it just as easily. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Iâve yet to meet a #Bitcoiner that has advocated for war. Interesting. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Itâs appalling that most of the world still doesnât understand the importance of sound money yet. #Bitcoin npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Baby steps. đ npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin is the key for us to become a Kardashev Type II civilization. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion The only way to know that the #Bitcoin you bought really exists is to withdraw from the exchange or service to your own wallet. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Beware of exchanges that are not doing anything to advance #Bitcoin adoption, for they may have sold Bitcoin that wasnât theirs or that even didnât exist. Remember SBF/FTX fudding Bitcoin? He was motivated to do so because he had to keep the price down. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin rewards those that think for themselves. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin wasnât forged through a negotiation with the legacy financial system. It was an entirely new way forward on parallel track. There are meaningful similarities to what @RobertKennedyJr is doing by choosing to run as an independent. Real progress isnât ever easy. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Nuclear power is revolutionary because nuclear fuel has the highest energy density of all practical fuel sources. #Bitcoin is revolutionary because it has the highest monetary energy density possible. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Doesnât work well to fund forever wars. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Finished production of @npub1janâŚx52y webcam covers. đ https://image.nostr.build/40bbc2f671b5e3a35728741810fd70feb20c600543f15fb495e7fe594d0fcedd.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Finished production of @npub1janâŚbcam covers. đ https://image.nostr.build/40bbc2f671b5e3a35728741810fd70feb20c600543f15fb495e7fe594d0fcedd.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Pay attention to the words used here. Optimal level = subjective More effective = subjective Real-world needs = subjective Bad actors will inevitably want to co-opt #Bitcoin and turn it into something they can control by adding vague subjective requirements. We already have that with fiat money and itâs clear that experiment has failed. Bitcoinâs value lies in its resistance to subjective determinations and the whims of weak minded individuals. https://image.nostr.build/e786c4ae5d1eb4a1d614fdc05968a8568892bed18eee739636468f1596397267.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion If more people studied history, #Bitcoin would already be at $500k. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin is the only safe haven asset. Period. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion In a single day, the US added more than half of #Bitcoinâs entire market cap in debt. Thatâs something like 10 million BTC. And yet there are still people that are unsure if $27k is a good price to buy. https://image.nostr.build/02e8d0900a5c2c2f9704b1758a2bf1b67e0eea125429e37f8de7e67a4dc79413.jpg npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion Imagine a world without #Bitcoin. Now, take a few deep breaths to calm back down. Then go stack a few more sats. npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a Excellion #Bitcoin is the one chance we have to fix the world. If we take unnecessary risks to tweak the protocol and add fancy features, weâre risking another 1000 years of fiat slavery.