Marty's Ƀent
Socialism in the West
History has shown that when the state steps in to run things that should be delegated to the free market things go terribly wrong.
History has shown that when the state steps in to run things that should be delegated to the free market things go terribly wrong.
The fiat maxis really don’t want people to save money. https://t.co/7hR7QJJLya — Marty Bent (@MartyBent) September 13, 2023 "No currency should be able to buy the same basket of goods over very long timespans through hoarding." This is a line that people who have been
It's early days, but the fact that many bitcoiners recognize the symbiotic relationship that is possible between AI and lightning and are quickly moving to bring products to market is an encouraging sign.
Unfortunately, at the moment it is hard to build out more reliable energy infrastructure because the unreliable infrastructure is being heavily subsidized, which is artificially manipulating opportunity costs and pricing new reliable generation sources out of the market.
Bitcoin mining is the most ruthlessly competitive industry in the world and nothing makes this clearer than the current economics and landscape of the industry.
As you take time to rest and reflect on this holiday I urge you to think about the effects government has on your quality of life and whether or not it deserves the influence it has.
History has shown that when the state steps in to run things that should be delegated to the free market things go terribly wrong.
The fiat maxis really don’t want people to save money. https://t.co/7hR7QJJLya — Marty Bent (@MartyBent) September 13, 2023 "No currency should be able to buy the same basket of goods over very long timespans through hoarding." This is a line that people who have been
It's early days, but the fact that many bitcoiners recognize the symbiotic relationship that is possible between AI and lightning and are quickly moving to bring products to market is an encouraging sign.
Unfortunately, at the moment it is hard to build out more reliable energy infrastructure because the unreliable infrastructure is being heavily subsidized, which is artificially manipulating opportunity costs and pricing new reliable generation sources out of the market.
Bitcoin mining is the most ruthlessly competitive industry in the world and nothing makes this clearer than the current economics and landscape of the industry.
As you take time to rest and reflect on this holiday I urge you to think about the effects government has on your quality of life and whether or not it deserves the influence it has.
I am of the persuasion that exploring everything currently at our fingertips that have been enabled because of upgrades like SegWit and Taproot before having discussions about contentious soft forks is the best course of action.
The decision you make today will severely impact how many sats you have years down the line. Choose wisely.
The announcement of Exahertz expanding its operations within Oman is great to see on two fronts.
All of this should be a reminder that one of the Fed's mandates is "price stability" and that their idea of price stability is a perpetually low (soon to be not as low) level of price inflation.
The negative externalities that emanate from central planning are very predictable.
