The World Mechanic 🌎🧰

Toxic saint of ₿T 丰 #Bitcoin only 丰 Author of Downloading Divinity 丰 Stack sats, the light can wait 丰 Check Engine Light Gang🚗🚨 丰 Murika 1st 🇺🇸

[The World Mechanic 🌎🧰 @FinneJay]

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My Bitcoin book “Downloading Divinity…” is finally finished and available! 🧵

[prydwon @bitukyy]

preciso ver esse gif todo dia acho muito funcional pra batalha contra o vicio em tela

[The World Mechanic 🌎🧰 @FinneJay]

In the long run the USA will be remembered as the easiest country to subvert by a billion foreign interests of all time.

There’s not a single interest outside this country our government wouldn’t be willing to sell out the American people for.

[The World Mechanic 🌎🧰 @FinneJay]

Ikr! The more we divy up the network into smaller and smaller fractions of itself via hardforks, each with their own set of rules, all doing something unique the more effective we will be going up against the central banks!

If only more bitcoiners would just be more tolerant instead of being so narrow minded thinking that the only way to fight a unified Marxist system is with just one singular decentralized network with one set of rules and all of our collective energy backing that one.

[The World Mechanic 🌎🧰 @FinneJay]

If you give a man a fish, he’ll eat for a day.
If you teach a man to fish, he’ll eat for a lifetime.

But if you convince every man it’s a human right for the state to provide them a fish, and that if they vote for you, you’ll give them one everyday, then you could legitimize the systemic robbery of the fisherman.

You could temporarily shield each man from the economic reality of Genesis 3:19 and carefully curate a false sense of comfort among them by making them reliant on you.
Ideally, you could put them in a multigenerational cycle of dependence.

Once they’re dependent on you for the fish, you could leverage this dependency to gain a seat of political power for yourself for a lifetime through the people’s votes and support.

You’d get to be the hero.
A man of the people, who steals from the rich and gives to the poor.
Anybody who doesn’t like that, must hate the poor and that’s exactly how you’ll have to frame it to shut down dissent.

You could rob the fishermen more and more, progressively increasing each year.
So he works harder and harder just to keep less fish for himself and for his family.
That way you could have more fish to build more communal support.

When you’ve finally squeezed that fisherman for all he can produce, and you can’t keep the people fed anymore, you could demonize the fisherman.
Blame it on his greed, weaponize their envy and their desperation.

He could be the villain, to redirect the outrage of the people to when all the hungry mouths go unfed.

And you could ride off into the sunset to find a new place, none the wiser, with new fishermen and new mouths to feed who don’t understand the games you play and can only see as far ahead as their next meal.

[The World Mechanic 🌎🧰 @FinneJay]

@saifedean @DohaDebates @jasonhickel @ptcherneva They needed 2 MMTers to go against Saif to make it fair for them 😂

[MӨПIKΛ BЯΛVӨ @BravoMonika]

Saif’s arguments are so logical that I am genuinely baffled by how the other two economists are wired (Pavlina Tcherneva, an MMT economist, and Jason Hickel, an ecological economist). I keep trying to understand their reasoning as humans, assuming there is some logic behind it.

Money as debt. Tcherneva argues that money is essentially an IOU, a ledger of obligations. Saif refers to something very simple: a claim on money is not money itself. The stadium analogy is brilliant. Saif has written about this before. Issuing more tickets to a football match does not create more seats in the stadium. Is that too difficult to imagine in your head?

Next, expanding the money supply to create economic prosperity. Hickel and Tcherneva both argue that an elastic money supply allows governments to mobilize resources and fund economic activity. Just picture that, like an elastic stretching.

🤔

How does creating more units of money create more wealth? The quantity of money is irrelevant to its function as a medium of exchange because money can do its job regardless of how many units exist.

Purchasing power adjusts to that. Printing more currency does not magically produce more resources or capital, not even labor.

Telling people to work harder and ignore monetary debasement is like telling someone to keep pouring water into a leaking bucket.

Make yourself some time and listen to this. It is brilliant. Plus, I really love Saif’s faces while he is writing down things and ready to rebut.

And if you were curious about Austrian economics, here is quite a lesson.

[Saifedean Ammous @saifedean]

Man, it is painful to see people write things like this. Nobody can seize bitcoin you hold with your own private keys. And nobody can print bitcoin to devalue yours. And unlike gold, bitcoin can move 10,000 km in under an hour for a few cents. Yes, in theory you can just pay people in physical gold, but you have to be with them in the same room, and in today's economy, this is only a tiny fraction of all your transactions. For the vast majority of transactions, you are dealing with people across distances, and so for that, you have to hand your gold over to a bank, but gold banking is illegal everywhere, and physical transfer of gold is incredibly expensive. So gold is practically useless as money these days, and bitcoin is infinitely better. You should look into it more seriously before dismissing it. It's been around for 18 years, consider that bitcoiners have thought of these very superficial objections before and have answers for them and that's why they keep using it and it keeps growing.

[𖤓 @BanishedLion]

Right wingers are good people larping as villains

Left wingers are villains larping as good people

[Ash @bitcoins1stlady]

This is what an international spy network looks like.

[The World Mechanic 🌎🧰 @FinneJay]

@joh5452 @HodlDee REITs don’t get 7% when you factor in the real rate of inflation like you did when critiquing Bitcoins CAGR.

[The World Mechanic 🌎🧰 @FinneJay]

@level941 You’ll say it was a joke when it does the opposite.

You won’t take accountability for being retarded.
And you’ll probably delete this too.

But I’ll make sure it sits safely right here Pigeon. 🫡

[The World Mechanic 🌎🧰 @FinneJay]

@joh5452 @HodlDee A 10% real gain per year outperforms every major index.

Ya’ll act like it’s the holocaust if you don’t own the Biltmore Estate by tomorrow.
Ultra high time preference.

[Knut Svanholm ∞/21M @knutsvanholm]

No, I hate socialism regardless of who happens to shill it.

It is destructive, retarded, and imorral.

It promotes laziness and punishes productivity. More importantly, though, it distorts price signals, which misallocates resources and turns people into dishonest, entitled, intellectually numbed zombies.

Above all that, socialism is deeply unethical. Taxes are theft, inflation is slavery, and involuntary popularity contests don't change these facts one bit.

Socialism is a highly contagious collectivist plague that must be recognized and resisted by individuals at all times.

It is YOUR moral duty to always avoid paying taxes and fight inflation to whatever extent you can!

Afuera, ffs!

[Fernando Nikolić 🇦🇷 🟠 @basedlayer]

The reason Bitcoin survives every savage correction is that 90% of the people holding BTC have already lost faith in every alternative and you can’t scare someone who has nowhere else to go

[ashmanny @ashggmp]

“This is a very common theme, that people blame capitalism for the problems of fiat money…and it’s an extremely powerful meme because it gives the people in power exactly what they want to hear” @saifedean 🔥🎯

[Cl@rice🇧🇷🇮🇹🇦🇷 @claroquesimm]

Bukele tiene razón. Cuando las pandillas mataban a su pueblo, ninguna ONG, ni ONU, se hacían problemas por los DDHH.
Aparecen a pedir por los derechos de las pandillas.
Conclusión, toda ONG es un antro zurdo. Inútil y pro delincuente.
Fin.
#Bukele

[The World Mechanic 🌎🧰 @FinneJay]

@drewvento Don’t worry, they will find a reason to bring back printing infinity dollars, I’m sure

[The World Mechanic 🌎🧰 @FinneJay]

@bodhicitta777 Yeah I loved ToTK, but are you saying he had no role in creating either?

[The World Mechanic 🌎🧰 @FinneJay]

I think he’s right but I think the main reason behind this statement is because he can look ahead and see the next wave of developers aren’t going to be producing bangers as good as he did in his era

That’s why he’s pushing Nintendo to keep the old stuff alive with remakes.