For the totalitarian state, control over money and credit is the path to total power over men. For a free world, the state must remain totally powerless over money and credit. What world do you want to live in?

This is an acid test for "Satoshiness". Satshi definitely knew that - other than a commodity - a money's supply must adjust to demand shifts, eg. with population growth. Peter Todd failed the Satoshiness Test. He is definitely not Satoshi. In a convo about it, he brushed it off: "That's not needed, we clarified that years ago! 30 day net is the key." Yeah right, I thought. There's one thing clear now, man: you definitely aren't Satoshi. Whatever HBO 'reveals'. View quoted note →

"A lot of people AUTOMATICALLY dismiss e-currency..." Satoshi wrote in 2009. Nothing changed. View quoted note →

Next step: List unique capabilities of Bitcredit vs state-of-the-art, starting with Cashu and Fedimint.

SoV without (hope for) MoV is not enough.

Thanks to Rahim Taghizadegan of Scholarium for organising an insightful economists' walk to the grave of F.A. Hayek in Vienna 🇦🇹 . I had not even known that it's just 2 km from where I live, literally the next hill over.

It is so annoying that "to grok" has been snatched up by a commercial brand and changed its meaning. Now we need something else to replace Heinlein's genius word.

Why do so few in Bitcoin today bother to look at proper Austrian Economics? Hal still knew it. - free banking is necessary - limited credit is necessary Bitcoin cannot monetise without. The real economy cannot do without. Mises put it clearly:

#Bitcoin is early. #Bitcredit is even earlier. If you want to use Bitcoin in business, join the open Bitcredit Beta user community. View quoted note →

Small but cool Bitcoin event today in Austria's Sunshine State, Burgenland. Plus 8 Bitcoin companies exhibiting. Shoutout to @Matthias_Reder for bringing the community together. Let's hear it! #BitcoinBgld