jbo

[jbo @__jbo__]

With an inflationary currency people are incentivized to spend.
With a deflationary currency people are incentivized to save knowing prices will soon be lower.

Less consumption is an environmental plus. #Bitcoin

[jbo @__jbo__]

Free Assange! #FreeAssange

[Nayib Bukele @nayibbukele]

My full answer to the BBC:

Mi respuesta completa a la BBC:

[Lyn Alden @LynAldenContact]

Generational financial crises occur when the number of debt claims reaches extraordinarily high levels and interest rate cuts can't paper over it anymore.

In 2008, either the number of debt claims had to collapse, or the amount of base money had to go up.

They chose the latter.

[jbo @__jbo__]

#Microsoft once called open source software “un-American”
It is true

[Nancy Pelosi Stock Tracker ♟ @pelositracker]

You can't make this up if you tried.

On 11/30, the New York Times was planning to host a live event with Sam Bankman-Fried, Zelensky, Larry Fink (CEO of Blackrock), and U.S. Treasury Janet Yellen as the main speakers.

Cost to attend? - $2,400

[jbo @__jbo__]

It seems we are in a labour market

Producer expectation
Long-term & greater output due to excess supply of money

Consumer Preference
Short-term & low time preference due to future risk and inflation

= Mismatch between consumer preference and producer expectation.

Boom is near

[jbo @__jbo__]

@BitcoinMagazine @FrancisSuarez This image screams greed. Is the #Bitcoin conference the new Davos conference?
You don't really think of peace and liberty when you see this. I don´t.

[jbo @__jbo__]

@TheSandboxGame @TheSnoopAvatars @erkabitty

[jbo @__jbo__]

Elon sells merch for #doge , price goes up 30% in two hours
El Salvador adopts #Bitcoin as legal tender, price falls -17%

[Elon Musk @elonmusk]

Tesla will make some merch buyable with Doge & see how it goes

[WikiLeaks @wikileaks]

Julian Assange speaking in 2011: "The goal is to use #Afghanistan to wash money out of the tax bases of the US and Europe through Afghanistan and back into the hands of a transnational security elite. The goal is an endless war, not a successful war" #FreeAssangeNOW

[jbo @__jbo__]

@PeterMcCormack @steve_hanke @PeterSchiff Huge #bitcoin billboards (and lots of them) is actually the first thing you see when you exit the Istanbul airport.

[jbo @__jbo__]

Taproot 🚀🦾🙏🧡🤝

[jbo @__jbo__]

@erkabitty Någon måste lära @Bjorn_Risinger och Erik Thedéen vad Bitcoin är och varför det ens finns från första början. Deras artikel i DN debatt visar hur mycket folk missförstår PoW och hur dem tror att PoS är svaret. En bra artikel av någon som kan ämnet. https://t.co/N9XfdvNFe9

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

A transition to a #bitcoin standard is going to be rough for many.

We might not be prepared for the reality of this economic shift. While the long-term thesis might be right and/or inevitable…the unknown unknowns of this transition weigh heavy on me.

[jbo @__jbo__]

@SovrynBTC @EdanYago @scottmelker The “Age of Enlightenment” is not the “Enlightened Age”.

- Immanuel Kant on #Bitcoin

[jbo @__jbo__]

PoS: We stake our money in order to keep decentralization. Not only do the rich get richer but also more powerful, as the reward is both currency and votes in the system.
PoW: We work for the rewards that can be sold on the open market with competitive pricing.
#Bitcoin

[jbo @__jbo__]

@Snowden Fantastic article btw!

[jbo @__jbo__]

@Snowden Comparing CBDCs to open blockchain networks is like comparing Intranets to THE INTERNET, closed controlled environments to open permission less networks.
Open blockchain networks was created to solve socio-economic issues, not technical.
Openness will win and the closed will die.

[jbo @__jbo__]

"Power tends to corrupt, and absolute power corrupts absolutely. Great men are almost always bad men, even when they exercise influence and not authority, still more when you superadd the tendency or the certainty of corruption by authority." - John Dalberg-Acton