Finished reading The Obstacle is the Way a few days ago. Good book, made me more peaceful. Now reading Fiat Food. Finished chapter 2 and it reading like a good crime story. What are you reading?

Bullish on horses

Bitcoin pods I’m on a long drive to work! Love all the building in the space!

Finally finished Foundation season 2, sooo good! I like Demerzel the most.!

We need more "uncle Jim" nodes for people that will / could never run their own nodes.

Finally had rewards go to poster/commenters last night.

I wonder if the problem Math.random() ain't so random even for a coin flip, but that seems silly.

https://stacker.news/bitcoin.pdf

If the US gov defaults or begins to live within its means there will be deflation for a while
But there may also be deflation if it continues to borrow and spend because that will suck liquidity from other asset classes but lets see

https://i.imgur.com/VXlQg5N.pngall the viral shitcoin teams that pump n dumped tokens in 2021 looking at this

https://media1.giphy.com/media/32mC2kXYWCsg0/giphy.gif?cid=6c09b9521qk83hrizx8negn8wozrs9sxlhex7bbpu8b1yjhz&ep=v1_gifs_search&rid=giphy.gif&ct=g

Here's something fun. My lovely wife tells me she had a dream about bitcoin. She said, I dreamed the dollar crashed. It was worthless. No one would take our dollars. We couldn't buy food. I was so glad we had bitcoin. It saved us.

This isn't a new thought but it is one I had this morning. It seems like we have two stories that could be connected happening now. One is the US ETF story. Many are excited about NGU and I think that is likely. The huge downside of the ETF is you have no control over it, you are completely trusting the custodian and the state to not rug you. Not good. The second story is the more direct fight on self custody. It is obvious that bitcoin's enemies in government are trying to pretend that they are not criminals and we are.

Here's the thought. Bitcoin's actual value is its utility. The ability to not be censored. To not have to trust third parties. To be able to move value across time and space. If you only interact with bitcoin through a trusted third party. If custody and use of bitcoin is criminalized all you have left is the approved custodians... Why would some token in your 401k have value? It wouldn't. Its a scam.

SO, what happens to the utility of bitcoin? Its still there, but why buy it if you aren't going to use it? Bitcoin isn't magic. Its not valuable because some jerk on Twitter says it is or some boomer that has billions says it is. It has value because it solves problems. Most in crypto have no clue about utility. They only see $$$$. They wanna be rich.

So, this whole ETF plus criminalization could be a decent attack on bitcoin's market price. I actually wonder though if I'm giving the clowns in DC to much credit. Are they smart and capable enough to coordinate an attack like this? I have a hard time believing this.

Finally, if I didn't understand how bitcoin works and the game theories others have described I'd be worried. I'm not though. The US is not all powerful and if they do try to hurt bitcoin other nations have an incentive to embrace it. It will be VERY hard to stop bitcoin if not impossible. One thing is for sure though. Things are gonna change in the next year or two. What do you think and how are you prepping for it?

Good day fellow day-drinkers,

I'm spreading the word about our NBA In-Season Tournament Survivor Pool.

There's a growing bounty of at least 5000 sats for the winner. No buy-in, so it's all upside.

If you want to participate make your pick for Friday's games here.

https://i.postimg.cc/rpX4PFCg/separation.jpg

I might have found a funny bug or feature?

If I made a comment, someone I muted replies, but then if others reply to the comment from the muted person, I would get the notification from it, but it's hidden when I'm trying to locate the thread 😂 tricky!

@ekzyis

I really liked Marty’s Bent newsletter last night. Being strong and have confidence and saying the mantra of “ we are going to win” to confirm this position . This mantra many have any meaning in whatever context that is important in your life.

It’s so easy to fall into nihilism. The geriatric class of America is truly soul sucking. It’s so easy to fall into the trap of thinking you don’t matter. Your vote how you spend your money who you decide to love or the color of your skin. But it all matters to each and every one of us.

But what Marty is reminding us is this idea of perseverance for making life worthwhile. And it all starts from within.

Friends, it's time. Today is part 3 of the Broken Money book club. So much geopolitical intrigue today! Such big implications for life and society!

Please stop by and share your thoughts!

How can I find a list of accounts I have muted? A poster who annoyed me in the past might evolve into a valuable contributor. As it is I am issuing a lifetime ban from my feed to these guys. I believe in second chances.

I have a very happy 5 year old who had a very successful Halloween haul last night!

One more day I find myself alive

I overslept and missed the festivities!

Snaily went trick-or-treating last night.
https://i.ibb.co/7kKytRF/c77ea9cf-c67a-4a86-b55f-27eb33ad0465.jpg

____'-' And slug snail soft fork..

Day 200 of snailposting everyday 'til BTC hits $100k.

__@_'-'

nothing to see here

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