Many have pondered what actually transpired around the beginning of the 1970s. Asset prices began to soar, real wage growth stagnated and technological progress slowed. Could the surge in legal counterfeiting after the Bretton Woods collapse in 1971 be the culprit? If so, perhaps it's time to make money "real" again! #bitcoin #money #inequality #marx #counterfeiting View Article →

Qubes OS! If you haven't tried it, then you should, because it's fun, and fun is good! #bitcoin #qubesos

🇸🇪🤔 Varför är falskmynteri problematiskt? Huvudanledningen är att de som förfalskar pengar kan använda dessa för att köpa riktiga saker (båtar, massage eller potatis) för något som egentligen inte är värt någonting. Om försäljarna då tror att de fått något riktigt, vilket inte stämmer, riskerar de att ta beslut grundade på felaktiga antaganden... Fast borde inte detta gälla även när centralbanker eller affärsbanker genom sina babyloniska trolleritricks framställer pengar utan egentlig ansträngning? Många har frågat sig vad det egentligen var som hände 1971, kanske var det då våra samhällen började ta stora mängder beslut grundade felaktiga premisser... Läs mer hos Affärsvärlden. #Sverige #Bitcoin

Affärsvärlden

Enlund: Det är dags att vi slutar vara naiva med våra pengar | Affärsvärlden

De flesta av oss simmar likt fiskar glatt omkring bland de fiatpengar som har skapats av Riksbanken och affärsbankerna. Gör det att vi riskerar a...

🤔 When the sophist Yuval Harari speaks about Bitcoin, he speaks with a forked tongue. - He claims that Bitcoin is about a lack of trust. But #Bitcoin is about trustlessness - i.e., not requiring trust. This is a significant difference. - He claims that the "whole" purpose of money is to create trust between strangers. That is also not true. (Banks can, however, convert dubious promises into less dubious promises). - He further claims that the money printing by banks and central banks "builds trust" (through their legal counterfeiting). It is more than a little audacious. - Trust is actually earned; it is not something that can be built, established, or proclaimed - regardless of what these people may prattle on about.

The belief that fiat money is real money is an important form of false consciousness. #bitcoin #marx

In the difference between building trust and earning trust, lies the line that separates the charlatan from the honourable. What should we make of the fact that policy makers and bureaucrats - in the face of completely shattered trust - pretend as if nothing has happened? For instance, in Canada, nearly four out of five people do not believe the central bank will care about people's opinions. (they are 💯 right). Trust is the currency of leadership. Without it, there is no leadership. - John C. Maxwell By definition then, these people are not real leaders. What are they then? They are fiat leaders. You can find more trust numbers in the link

Central bankers talk the talk, but fail to walk the walk

I korsningen av finans, krypto och samhälle

#bitcoin #harari #trust #wef

Not your keys, not your coins Not your key, not your account Not your computer, not your data

X (formerly Twitter)

Scott Piper (@0xdabbad00) on X

Google Cloud accidentally deleted a company's entire cloud environment (Unisuper, an investment company, which manages $80B). The company had backu...

#bitcoin #nostr #cloud

Hacker doxxes nearly every adult in El Salvador ➡️ Centralisation is retarded

Protos

Hacker doxxes nearly every adult in El Salvador

A hacker in El Salvador has released detailed information, including full names, birthdays, phone numbers, and social security numbers.

The Fed's Kashkari recently compared Bitcoin to Beanie Babies - much like JP Morgan's CEO called Bitcoin a useless "pet rock" earlier this year. A majority of bankers and central bankers, including the Riksbank's Thedéen, exhibit comparable dislike. Bankers and bureaucrats evidently compensate for their lack of imagination with an abundance of hubris. But what if we think about Bitcoin based on concepts such as the "adjacent possible" (& complexity science). Then it gets much more exciting, and we end up wiser than most if not all central bank officials. In an era of declining trust, perhaps it could be beneficial for societies to explore "trustless" systems such as Bitcoin. When China's Zhou Enlai in the 1970s was asked about the effects of the French Revolution, he responded that it was "too early to say " - a far wiser answer than the categorical response of the soggy soothsayers at the central banks. #btc #kashkari #fed #trust #politics #bitcoin #complexity #money You can read the full piece at Yakihonne or Habla

Habla

Bitcoin and the waterwheel - Martin Enlund

Biologist Stuart Kauffman introduced the concept of the "adjacent possible" in evolutionary biology in 1996. What insights can this concept offer u...

Biologist Stuart Kauffman introduced the concept of the "adjacent possible" in evolutionary biology in 1996. What insights can this concept offer us about the invention of Bitcoin? And especially so in a time with eroding trust?

Yakihonne

Bitcoin and the waterwheel

Biologist Stuart Kauffman introduced the concept of the "adjacent possible" in evolutionary biology in 1996. What insights can this concept offer u...