Brian Jett

Fix the money, fix the world. #Bitcoin⚡️

[Saifedean Ammous @saifedean]

Value is not a physical thing

To all the people who think bitcoin can’t have value because it’s not tangible...

Tangible assets constitute the following percentage of the Mag7 market caps:

Nvidia: 0.66%
Apple: 1.38%
Tesla: 4.06%
Microsoft: 7.29%
Alphabet: 8.39%
Meta: 9.56%
Amazon: 16.28%
Combined weighted average: 5.79%

If you liquidated all of these companies’ physical assets, they wouldn’t amount to 6% of their valuation. There have been days in which the market caps of these companies have moved by more than the total value of their physical assets.

If 94% of the value of the most valuable companies on earth is non-physical, then value does not have to be physical.

If digital things have no value, then you should have no problem with giving me your computer to erase all the data from it. I will return your computer to you in the same exact physical form. I will just press a few buttons that remove all your data, photos, and contacts, and make it impossible for you to restore them. If value can only be tangible, then all of these digital things have no value, and you shouldn’t mind me deleting them as long as the devices return in their original state. I don’t think you would.

Technology, data, business knowledge, customer base, brands, and so much more are non-physical assets whose value likely exceeds that of all the planet’s physical objects and land. This is something most people understand in their daily lives, but because most people have no understanding of money, they do not understand how it applies to money, too.

Most people think their money is physical, but in reality, most fiat currencies today are 90%+ digital, and usually less than 10% of the supply is physical paper money. There are no stacks of dollars in your bank sitting in a box under your name, available for you to pick up at any time. A tiny fraction of the money is physical, and the rest is digital, manufactured in various quantities by your bank, government, central bank, and other pedophiles, in quantities based on pure vibes. People still give this non-physical fiat money value because it is the only money they can use with a bank account, since governments only license banks that use their local fiat shitcoin. There is no need for the money to be physical to work; digital fiat money works as well as physical fiat money; or as badly.

Bitcoin is an entirely digital money, but it is given value for far more intelligent and peaceful reasons than fiat money. You can read more about that in my books The Bitcoin Standard and The Fiat Standard, which you can buy from Amazon or https://t.co/Va3iL87Ups.

A common objection to bitcoin’s value is: “But if people stop believing in the value of bitcoin it can lose all value.” But that is true of everything. If people stop believing in the value of gold, it would lose value and just become another worthless rock. If people stop believing in the value of electronic devices then Apple and Nvidia go to zero. If people stop believing in the value of Manhattan, then all Manhattan real estate goes to zero. If people discover that tomatoes are poisonous, they stop believing in the value of tomatoes, and the entire planet’s tomato industry goes to zero. Just because something is physical does not guarantee its value, as we can see from the infinite amount of sand and rocks on our Earth left completely untouched by human hands. Physical things can be valueless and non-physical things can have value. Value and physicality are two independent things that are orthogonal to each other. You are doing yourself a disservice if you are unable to benefit from the world’s most advanced money and best saving technology because you are unable to see that value can be non-physical in this one instance, when you have no problem seeing it elsewhere.

[Brian Jett @PyannGrapico]

@missteencrypto You need some Clout in that cup! Let me know if you would like a free sample of our Barrel Aged Coffee. ☕️ 🫘

https://t.co/KytTAf0lF8

[Brian Jett @PyannGrapico]

@missteencrypto What kind of coffee do you drink? I own a coffee company which specializes in aging beans in spirit barrels. 🫘 ☕️ I’d be happy to send you a sample pack for free. Put some Clout in your cup and Power Your Grind!
https://t.co/dPILFZXBir

[Bitcoin Archive @BitcoinArchive]

BREAKING: U.S. House passes all three major Bitcoin & crypto bills:
• Clarity Act
• Genius Act
• Anti-CBDC Act

Regulatory clarity is here. 🚀

[Matteo Pellegrini @matteopelleg]

After spending 10 years thinking about Money & Bitcoin, here's the simplest explanation I can come up with:

Money is a technology to move Value across Space, Time, and Scale.

Value is the utility humans derive from Goods & Services.

Value is highly subjective, and it changes across Time and Space.

Unbeknownst to them, Economists have defined these functions as:

- Store of Value (Time)

- Medium of Exchange (Space)

- Unit of Account (Scale)

Throughout History, no monetary system has managed to satisfy all 3 functions of Money at once. This is where the idea of Backing Money and the necessity of separating Money and Currency come from.

This trade-off can be described as a Money Trilemma: you can optimize for 2, but not all 3.

Gold is great at Time & Scale, but not Space.

Fiat is great at Space & Scale, but not Time.

Until the invention of Bitcoin.

Bitcoin is the first form of Money that successfully excels at all 3 functions simultaneously.

It achieves that by perfecting all the properties of Money, with no extra space for improvement:

Bitcoin is:

- Infinitely Divisible
- Instantly Portable
- Forever Durable
- Mathematically Finite (what is mistakenly called Scarcity)
- Perfectly Fungible

Bitcoin is the final Evolution of Money.

The World just hasn’t figured it out yet.

[Brian Jett @PyannGrapico]

#OptOutOfFiat #Bitcoin ₿⚡️

[Jack Mallers @jackmallers]

Announcing Bill Pay by @Strike

Get paid in #bitcoin, pay your bills with #bitcoin, and live without fear of inflation.

Your life should get cheaper over time, not more expensive. Now it can.

Finally, with @Strike you can live on #bitcoin effortlessly.

[Brian Jett @PyannGrapico]

“I disapprove of what you say, but I will defend to the death your right to say it.”
- Voltaire

[Grant Cardone @GrantCardone]

Canceling - shadow banning - labeling misinformation will be a thing of the past.

Watch the whole thing and repost.

[Sean Harris🏀 @BigSeanHarris]

The best #Bitcoin meme ever created?

Thank you @TheGuySwann for creating this masterpiece 🙌

[Brian Jett @PyannGrapico]

Who is that lovely young lady in the headline picture? 👀 😁

[St. Louis Post-Dispatch @stltoday]

Theatre group breaks down urban and rural divides through performance arts https://t.co/IrcK2MjI99

[Brian Jett @PyannGrapico]

Vivek 2028! 🇺🇸

[Saifedean Ammous @saifedean]

Happy bitcoin halving day!!

For the first time in history, humans have a form of money whose supply increases by less than 1% per year.

This is a big deal because the hardness of our money is a control knob for our time preference: the degree to which we discount the future. The harder the money, the less its supply increases, the better it holds value into the future, the more it allows you to plan and provide for the future, the more you are able to curb your base immediate impulses in favor of rational future orientation.

All human progress and civilization is intertwined with us finding harder moneys. From cattle to salt to seashells to metals to precious metals, we've constantly progressed by moving to the harder money, allowing us more reliable ways for providing for the future, making us more future-oriented. This culminated with gold becoming the whole world's only money by the end of the 19th century, with annual supply growth of ~2%. Everyone on Earth could save in gold without fear of inflation.

A century of human catastrophe followed when governments banned the monetary use of gold & replaced it with their fiat credit, whose supply increases at ~14% per year. Saving became unattainable and the future more uncertain. Time preference rose as people became more present-oriented, and governments had infinite spending power at the expense of their serfs. Wars became longer and more likely with governments able to rob their citizens effortlessly to finance them.

Bitcoin fixes this. Not only does bitcoin allow us a form of money outside government control, it's also the hardest money to ever exist, making it the most advanced form of money ever, better than even gold. No matter what happens, you can be sure your bitcoin will never be diluted by more than 1% per year.

I discuss these ideas in more detail in my books:

The Bitcoin Standard: https://t.co/KxUygWRRHT

And The Fiat Standard:

https://t.co/GYbEWTNqpZ

[Walker⚡️ @WalkerAmerica]

@PeterSchiff Don’t buy #Bitcoin, buy gold (because you’re old).

[Brian Jett @PyannGrapico]

Bitcoin = renewable, sustainable energy. Bitcoin = economic empowerment. Bitcoin = individual sovereignty.
Bitcoin = hope.

[The ₿itcoin Therapist @TheBTCTherapist]

This is the video about #Bitcoin that Elizabeth Warren and her band of cronies, don’t want you to see.

Share this with EVERYONE.

https://t.co/ataAQBZmhb

[Thomas Fahrer @thomas_fahrer]

A simple, clear explanation of #Bitcoin and money.

Show this to your kids. Show it to your parents!

[Brian Jett @PyannGrapico]

Being bearish on Bitcoin is like saying that gravity doesn’t exert force upon matter at -9.8m/s^2 or that E≠mc^2
#Physics
#Bitcoin
#BitcoinisElementZero

[Peter McCormack 🏴‍☠️🇬🇧🇮🇪 @PeterMcCormack]

Whatever you think of Coinbase, this ad is actually brilliant.

[Thomas Fahrer @thomas_fahrer]

This right here is the very definition of Fuck Around and Find Out

[Brian Jett @PyannGrapico]

Fix the money, fix the world. #Bitcoin

[🏔Adam🏔 @denverbitcoin]

All wars are Bankers’ wars

[Vivek Ramaswamy @VivekGRamaswamy]

Having tried just about every trick in the book to eliminate President Trump from running in this election, the left is now deploying a new tactic to bar him from ever holding office again: the 14th Amendment. As someone who is now polling in second or third place in most major national polls, I would be able to more easily win this GOP primary if Trump were eliminated from competition, but that’s not how I want to succeed. I stand on principle over politics, which is why I am sharing the following viewpoint despite the fact that Trump is one of my opponents in this primary:

Section 3 of the 14th Amendment states that any person who has “previously taken an oath ... as an officer of the United States ... to support the Constitution” is disqualified from holding public office if that person engaged “in insurrection or rebellion against the same, or given aid or comfort to the enemies thereof.” Politicized groups are attempting to make Trump ineligible to run for president, arguing he fomented and in fact engaged in insurrection on January 6. This is a perversion of the 14th Amendment.

The 14th Amendment was part of the “Reconstruction Amendments” that were ratified following the Civil War. It was passed to prohibit former Confederate military and political leaders from holding high federal or state office. These men had clearly taken part in a rebellion against the United States: the Civil War. Participants in the events of January 6 did not. And Trump, of course, was not even among them. That makes it all the more absurd that a left-wing group in Colorado is asking a federal court to disqualify the former president on the same grounds, arguing that his stump speeches on and before January 6 equate to rebellion against the United States.

And there’s another legal problem: Trump is not a former “officer of the United States,” as that term is used in the Constitution, meaning Section 3 does not apply. As the Supreme Court explained in Free Enterprise Fund v. Public Company Accounting Oversight Board (2010), an “officer of the United States” is someone appointed by the president to aid him in his duties under Article II, Section 2. The term does not apply to elected officials, and certainly not to the president himself. The Framers of the 14th Amendment would be shocked and appalled to see their narrow provision—intended to bar former U.S officials who switched to the Confederacy from seeking public office—being weaponized by a sitting president and his political allies to prevent a former president from seeking reelection.

I’ve said it before, and I’ll say it again: President Biden and his allies are engaging in election interference of the highest order. Yesterday’s filing is just the latest in a string of baseless lawsuits designed to silence political opponents and swing the election for Joe Biden, this time by depriving Americans of the right to vote for their candidate of choice. The judge assigned to this case should immediately toss it out. Our country is becoming unrecognizable to anyone who understands our Constitution, and we don’t have long to fix it.