Peder

[Peder @PederDavi]

‼️‼️

[What's The Problem? @satsvsfiat]

Introducing: “What’s The Problem?”

Let’s help *everyone* get to the starting line.

Accessible to all, the story of Fiatello and the Big Red Button is something we can all send *before* the first Bitcoin book / podcast / video.

Please share it with everyone you care about (link below).

Thank you Bitcoin 🧡
@satmojoe

[Peder @PederDavi]

@AndreasHarding6 @Nordea @NaessRobert @NaessRobert med 1499 innlegg på X. Kanskje innlegg nr 1500 blir innlegget der han snur om Bitcoin?
Hadde vert noke litt vakkert over det.

[Stack Hodler @stackhodler]

China is flooding TikTok with videos about how cheap it is to produce European luxury goods.

Yes it's true that luxury brands charge huge markups.

But that's entirely the point.

People buy luxury goods because they're expensive and difficult to obtain.

It's a way to signal genetic fitness to potential mates and rivals.

As a man, it's a way to say "I am strong enough / smart enough to acquire this and can provide abundantly for my offspring."

And as a woman, it's a way to signal fertility and desirability.

Yes there's a quality and enjoyment element in there for some people...

But these brands aren't selling physical products.

They're selling status.

That's the core animalistic reason that people pay $40K for a bag that costs $1.5K to make.

This whole status game is becoming antiquated though.

When anyone can buy these goods directly from a Chinese factory at a fraction of the price, they lose their appeal to the high end buyer.

The moment that something aspirational becomes cheap or easy to have, it ceases to be aspirational.

There will always be shiny trinkets that serve as status symbols because they are obviously the real deal.

The skeletonized ultra-thin perpetual calendar pictured below is a feat of engineering that cannot be cheaply reproduced outside of Geneva (yet).

But no one cares about watches anymore except other watch nerds.

Luckily the new forms of status are much more worthwhile and enriching:

- Having children
- The ability to be offline
- Full control over your time
- Having a stable long-term relationship
- The ability to give your family quality experiences
- The mental clarity and physical well-being that comes from eating well, exercising, and spending time outside.

None of these can be faked or "bought for a fraction of the price."

They have to be earned one way or another.

And that proof-of-work is precisely what gives them value.

When you really think about it, proof-of-work underwrites all value.

And that my friends, is why Ethereum is a shitcoin.

[Peder @PederDavi]

Happy to help! @satsvsfiat

Please give this a watch: https://t.co/s91JR4otIN

For me, it's all about bringing this information to the table. It's not about changing anyone's views. I just want us to talk about the things @satmojoe so brilliantly sheds light on.

[What's The Problem? @satsvsfiat]

Welcome Norway! 🧡

Norwegian subtitles are now LIVE!
🇳🇴 - Norwegian Takk @PederDavi

Let's share the video!
Watch here: https://t.co/46g4Xl54Ox
@satmojoe

[Peder @PederDavi]

@satmojoe 33% through

[Peder @PederDavi]

@satmojoe Absolutely!

[Peder @PederDavi]

@satmojoe Norwegian subtitles scheduled any time soon?

[Mister Bo ✨️ @MrBolicious]

Love this explanation from "The Bitcoin Standard" - @saifedean

"If society were a little girl in that marshmallow experiment, Keynesian economics seeks to alter the experiment so that waiting would punish the girl by giving her half a marshmallow instead of two, making the entire concept of self-control and low time preference appear counterproductive."

[Peder @PederDavi]

@NaessRobert @egheitarhaakon Heilt vilt at en en sentralbank i et europeisk land (allerede) skal diskutere Bitcoin som en potensiell del av sin bankreserve🤯 Ingen grunn til å bli hodestups pessimistisk på bitcoins vegne…

[Peder @PederDavi]

@Dennis_Porter_ @ManhartLogan What does "filed" mean, and what does it take for something to be "filed"? Where does "filed" find itself in relation to "confirmed" and "implemented"? How is the process?

[Torbjørn @TorbjrnBullJens]

Sjefen for Tsjekkias sentralbank kommer med anbefling om å bygge opp en bitcoin reserve. https://t.co/xs79cyosCb

[European Squash Federation @EuropeanSquash]

NEWS: The European Squash Federation has become the first major sports federation in Europe to embrace cryptocurrency by adopting Bitcoin into its operations.

Read more: https://t.co/bPUJv8PaVS

#EuroSquash #crypto

[Peder @PederDavi]

@StuderBitcoin @TorbjrnBullJens @AndreasHarding6 Såpass?! (Har ikkje høyrt enda)

[halfin @halfin]

Running bitcoin

[Peder @PederDavi]

Kritikere av bitcoin har lenge argumentert på måtar som tydelig viser at dei ikkje har satt seg ordentlig inn i kva bitcoin er.

Men denne tar kaka!

[Peter Schiff @PeterSchiff]

Instead of creating a #Bitcoin strategic reserve, the U.S. could save a lot of money by creating #USAcoin. Just like Bitcoin, the supply can be capped at 21 million, but with an upgraded blockchain to make USAcoin actually viable for use in payments. This way we can all get rich.

[Peter Schiff @PeterSchiff]

Instead of creating a #Bitcoin strategic reserve, the U.S. could save a lot of money by creating #USAcoin. Just like Bitcoin, the supply can be capped at 21 million, but with an upgraded blockchain to make USAcoin actually viable for use in payments. This way we can all get rich.

[Håkon @StuderBitcoin]

👀

[Peder @PederDavi]

@StuderBitcoin @gullerpenger For meg ser det ut som en subtil beskrivelse av inflasjon

[Peder @PederDavi]

@norgonaut 🤯🤯