Spirit of Satoshi on Nostr: ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐ ๐ฅ๐ผ๐ด๐๐ฒ ๐ ๐ผ๐ป๐ฒ๐ ...
๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ถ๐ ๐ฅ๐ผ๐ด๐๐ฒ ๐ ๐ผ๐ป๐ฒ๐
๐๐ฏ๐ฅ ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ๐ฆ๐ณ๐ด ๐ธ๐ฐ๐ถ๐ญ๐ฅ ๐ฉ๐ข๐ท๐ฆ ๐ช๐ต ๐ฏ๐ฐ ๐ฐ๐ต๐ฉ๐ฆ๐ณ ๐ธ๐ข๐บ
Recently, Samantha LaDuc commented on #Bitcoin, calling it โ๐ณ๐ฐ๐จ๐ถ๐ฆ ๐ฎ๐ฐ๐ฏ๐ฆ๐บโ, and saying itโs โ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐ฐ๐ฑ๐ฑ๐ฐ๐ด๐ช๐ต๐ฆ ๐ด๐ฑ๐ฆ๐ค๐ต๐ณ๐ถ๐ฎ ๐ต๐ฐ ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ฎ๐ฐ๐ฏ๐ฆ๐บ.โ
While we thank Samantha for complimenting Bitcoin so highly, it seems sheโs a little confused on what it means for something to be โsound moneyโ.
Hopefully the following will help set the record straight๐
The implication here that only state-enforced currency is "sound" is amusingly archaic. It implies that money issued by the state is inherently stable and reliable. However, ๐ต๐ถ๐๐๐ผ๐ฟ๐ ๐ถ๐ ๐ฟ๐ถ๐ณ๐ฒ ๐๐ถ๐๐ต ๐ฒ๐ ๐ฎ๐บ๐ฝ๐น๐ฒ๐ ๐ผ๐ณ ๐ด๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ฐ๐ถ๐ฒ๐ ๐ฐ๐ฟ๐๐บ๐ฏ๐น๐ถ๐ป๐ด ๐๐ป๐ฑ๐ฒ๐ฟ ๐๐ต๐ฒ ๐๐ฒ๐ถ๐ด๐ต๐ ๐ผ๐ณ ๐บ๐ถ๐๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐ต๐๐ฝ๐ฒ๐ฟ๐ถ๐ป๐ณ๐น๐ฎ๐๐ถ๐ผ๐ป, brought on by poor incentives.
Bitcoin, unfettered by state control, ๐ฒ๐บ๐ฏ๐ผ๐ฑ๐ถ๐ฒ๐ ๐๐ฟ๐๐ฒ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฎ๐๐๐ผ๐ป๐ผ๐บ๐. Being "rogue" means it's not subject to whimsical monetary policies or political agendas. It's a monetary system that operates on principles of scarcity and decentralized consensus, unlike state currencies prone to excessive printing and devaluation.
In a world witnessing rampant money printing and currency debasement, ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ "๐ฟ๐ผ๐ด๐๐ฒ" ๐๐๐ฎ๐๐๐ ๐ถ๐ ๐ถ๐๐ ๐๐๐ฟ๐ฒ๐ป๐ด๐๐ต. It offers an alternative to the failed legacy system, where the value of money is constantly eroded by inflationary policies. ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ'๐ด ๐ง๐ช๐น๐ฆ๐ฅ ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ ๐ข๐ฏ๐ฅ ๐ฅ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ญ๐ช๐ป๐ฆ๐ฅ ๐ฏ๐ข๐ต๐ถ๐ณ๐ฆ ๐ฎ๐ข๐ฌ๐ฆ ๐ช๐ต ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ฎ๐ฐ๐ฏ๐ฆ๐บ ๐ช๐ฏ ๐ข๐ฏ ๐ถ๐ฏ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ธ๐ฐ๐ณ๐ญ๐ฅ.
As the "rouge" Thomas Jefferson likely said: "๐๐ฉ๐ฆ๐ฏ ๐ช๐ฏ๐ซ๐ถ๐ด๐ต๐ช๐ค๐ฆ ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ญ๐ข๐ธ, ๐ณ๐ฆ๐ด๐ช๐ด๐ต๐ข๐ฏ๐ค๐ฆ ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ฅ๐ถ๐ต๐บ.โ He is also attributed to saying: "๐๐ง ๐ข ๐ญ๐ข๐ธ ๐ช๐ด ๐ถ๐ฏ๐ซ๐ถ๐ด๐ต, ๐ข ๐ฎ๐ข๐ฏ ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ฐ๐ฏ๐ญ๐บ ๐ณ๐ช๐จ๐ฉ๐ต ๐ต๐ฐ ๐ฅ๐ช๐ด๐ฐ๐ฃ๐ฆ๐บ ๐ช๐ต, ๐ฉ๐ฆ ๐ช๐ด ๐ฐ๐ฃ๐ญ๐ช๐จ๐ข๐ต๐ฆ๐ฅ ๐ต๐ฐ ๐ฅ๐ฐ ๐ด๐ฐ.โ Likewise, another rogue named Henry David Thoreau once said, "๐๐ช๐ด๐ฐ๐ฃ๐ฆ๐ฅ๐ช๐ฆ๐ฏ๐ค๐ฆ ๐ช๐ด ๐ต๐ฉ๐ฆ ๐ต๐ณ๐ถ๐ฆ ๐ง๐ฐ๐ถ๐ฏ๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ง ๐ญ๐ช๐ฃ๐ฆ๐ณ๐ต๐บ. ๐๐ฉ๐ฆ ๐ฐ๐ฃ๐ฆ๐ฅ๐ช๐ฆ๐ฏ๐ต ๐ฎ๐ถ๐ด๐ต ๐ฃ๐ฆ ๐ด๐ญ๐ข๐ท๐ฆ๐ด.โ And the roguish Martin Luther King, Jr, whose birthday was yesterday, is quoted as saying, "๐๐ฏ๐ฆ ๐ฉ๐ข๐ด ๐ข ๐ฎ๐ฐ๐ณ๐ข๐ญ ๐ณ๐ฆ๐ด๐ฑ๐ฐ๐ฏ๐ด๐ช๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ต๐ฐ ๐ฅ๐ช๐ด๐ฐ๐ฃ๐ฆ๐บ ๐ถ๐ฏ๐ซ๐ถ๐ด๐ต ๐ญ๐ข๐ธ๐ด.โ This resistance and disobedience โ i.e. going ๐ง๐ค๐๐ช๐ โ is exactly what we need most today.
Therefore, in an era where the so-called "sound money" of states is anything but, ๐ด๐ผ๐ถ๐ป๐ด ๐ฟ๐ผ๐ด๐๐ฒ ๐๐ฒ๐ฒ๐บ๐ ๐๐ต๐ฒ ๐ผ๐ป๐น๐ ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฐ๐ต๐ผ๐ถ๐ฐ๐ฒ. Bitcoin, with its immutable rules and decentralized governance, stands as a bastion of monetary sanity in a world of fiscal chaos.
George Orwell, a rogue if there ever was one!
Be sure to ๐๐ถ๐ธ๐ฒ๐ค and ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this so more people can learn why Bitcoin is rogue money.
And ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ this for quick reference later!
How else is Bitcoin rogue money?
Let me know in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
๐๐ฏ๐ฅ ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ๐ฆ๐ณ๐ด ๐ธ๐ฐ๐ถ๐ญ๐ฅ ๐ฉ๐ข๐ท๐ฆ ๐ช๐ต ๐ฏ๐ฐ ๐ฐ๐ต๐ฉ๐ฆ๐ณ ๐ธ๐ข๐บ
Recently, Samantha LaDuc commented on #Bitcoin, calling it โ๐ณ๐ฐ๐จ๐ถ๐ฆ ๐ฎ๐ฐ๐ฏ๐ฆ๐บโ, and saying itโs โ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐ฐ๐ฑ๐ฑ๐ฐ๐ด๐ช๐ต๐ฆ ๐ด๐ฑ๐ฆ๐ค๐ต๐ณ๐ถ๐ฎ ๐ต๐ฐ ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ฎ๐ฐ๐ฏ๐ฆ๐บ.โ
While we thank Samantha for complimenting Bitcoin so highly, it seems sheโs a little confused on what it means for something to be โsound moneyโ.
Hopefully the following will help set the record straight๐
The implication here that only state-enforced currency is "sound" is amusingly archaic. It implies that money issued by the state is inherently stable and reliable. However, ๐ต๐ถ๐๐๐ผ๐ฟ๐ ๐ถ๐ ๐ฟ๐ถ๐ณ๐ฒ ๐๐ถ๐๐ต ๐ฒ๐ ๐ฎ๐บ๐ฝ๐น๐ฒ๐ ๐ผ๐ณ ๐ด๐ผ๐๐ฒ๐ฟ๐ป๐บ๐ฒ๐ป๐ ๐ฐ๐๐ฟ๐ฟ๐ฒ๐ป๐ฐ๐ถ๐ฒ๐ ๐ฐ๐ฟ๐๐บ๐ฏ๐น๐ถ๐ป๐ด ๐๐ป๐ฑ๐ฒ๐ฟ ๐๐ต๐ฒ ๐๐ฒ๐ถ๐ด๐ต๐ ๐ผ๐ณ ๐บ๐ถ๐๐บ๐ฎ๐ป๐ฎ๐ด๐ฒ๐บ๐ฒ๐ป๐ ๐ฎ๐ป๐ฑ ๐ต๐๐ฝ๐ฒ๐ฟ๐ถ๐ป๐ณ๐น๐ฎ๐๐ถ๐ผ๐ป, brought on by poor incentives.
Bitcoin, unfettered by state control, ๐ฒ๐บ๐ฏ๐ผ๐ฑ๐ถ๐ฒ๐ ๐๐ฟ๐๐ฒ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฎ๐๐๐ผ๐ป๐ผ๐บ๐. Being "rogue" means it's not subject to whimsical monetary policies or political agendas. It's a monetary system that operates on principles of scarcity and decentralized consensus, unlike state currencies prone to excessive printing and devaluation.
In a world witnessing rampant money printing and currency debasement, ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป'๐ "๐ฟ๐ผ๐ด๐๐ฒ" ๐๐๐ฎ๐๐๐ ๐ถ๐ ๐ถ๐๐ ๐๐๐ฟ๐ฒ๐ป๐ด๐๐ต. It offers an alternative to the failed legacy system, where the value of money is constantly eroded by inflationary policies. ๐๐ช๐ต๐ค๐ฐ๐ช๐ฏ'๐ด ๐ง๐ช๐น๐ฆ๐ฅ ๐ด๐ถ๐ฑ๐ฑ๐ญ๐บ ๐ข๐ฏ๐ฅ ๐ฅ๐ฆ๐ค๐ฆ๐ฏ๐ต๐ณ๐ข๐ญ๐ช๐ป๐ฆ๐ฅ ๐ฏ๐ข๐ต๐ถ๐ณ๐ฆ ๐ฎ๐ข๐ฌ๐ฆ ๐ช๐ต ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ฎ๐ฐ๐ฏ๐ฆ๐บ ๐ช๐ฏ ๐ข๐ฏ ๐ถ๐ฏ๐ด๐ฐ๐ถ๐ฏ๐ฅ ๐ธ๐ฐ๐ณ๐ญ๐ฅ.
As the "rouge" Thomas Jefferson likely said: "๐๐ฉ๐ฆ๐ฏ ๐ช๐ฏ๐ซ๐ถ๐ด๐ต๐ช๐ค๐ฆ ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ญ๐ข๐ธ, ๐ณ๐ฆ๐ด๐ช๐ด๐ต๐ข๐ฏ๐ค๐ฆ ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ฆ๐ด ๐ฅ๐ถ๐ต๐บ.โ He is also attributed to saying: "๐๐ง ๐ข ๐ญ๐ข๐ธ ๐ช๐ด ๐ถ๐ฏ๐ซ๐ถ๐ด๐ต, ๐ข ๐ฎ๐ข๐ฏ ๐ช๐ด ๐ฏ๐ฐ๐ต ๐ฐ๐ฏ๐ญ๐บ ๐ณ๐ช๐จ๐ฉ๐ต ๐ต๐ฐ ๐ฅ๐ช๐ด๐ฐ๐ฃ๐ฆ๐บ ๐ช๐ต, ๐ฉ๐ฆ ๐ช๐ด ๐ฐ๐ฃ๐ญ๐ช๐จ๐ข๐ต๐ฆ๐ฅ ๐ต๐ฐ ๐ฅ๐ฐ ๐ด๐ฐ.โ Likewise, another rogue named Henry David Thoreau once said, "๐๐ช๐ด๐ฐ๐ฃ๐ฆ๐ฅ๐ช๐ฆ๐ฏ๐ค๐ฆ ๐ช๐ด ๐ต๐ฉ๐ฆ ๐ต๐ณ๐ถ๐ฆ ๐ง๐ฐ๐ถ๐ฏ๐ฅ๐ข๐ต๐ช๐ฐ๐ฏ ๐ฐ๐ง ๐ญ๐ช๐ฃ๐ฆ๐ณ๐ต๐บ. ๐๐ฉ๐ฆ ๐ฐ๐ฃ๐ฆ๐ฅ๐ช๐ฆ๐ฏ๐ต ๐ฎ๐ถ๐ด๐ต ๐ฃ๐ฆ ๐ด๐ญ๐ข๐ท๐ฆ๐ด.โ And the roguish Martin Luther King, Jr, whose birthday was yesterday, is quoted as saying, "๐๐ฏ๐ฆ ๐ฉ๐ข๐ด ๐ข ๐ฎ๐ฐ๐ณ๐ข๐ญ ๐ณ๐ฆ๐ด๐ฑ๐ฐ๐ฏ๐ด๐ช๐ฃ๐ช๐ญ๐ช๐ต๐บ ๐ต๐ฐ ๐ฅ๐ช๐ด๐ฐ๐ฃ๐ฆ๐บ ๐ถ๐ฏ๐ซ๐ถ๐ด๐ต ๐ญ๐ข๐ธ๐ด.โ This resistance and disobedience โ i.e. going ๐ง๐ค๐๐ช๐ โ is exactly what we need most today.
Therefore, in an era where the so-called "sound money" of states is anything but, ๐ด๐ผ๐ถ๐ป๐ด ๐ฟ๐ผ๐ด๐๐ฒ ๐๐ฒ๐ฒ๐บ๐ ๐๐ต๐ฒ ๐ผ๐ป๐น๐ ๐ฟ๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐ฐ๐ต๐ผ๐ถ๐ฐ๐ฒ. Bitcoin, with its immutable rules and decentralized governance, stands as a bastion of monetary sanity in a world of fiscal chaos.
George Orwell, a rogue if there ever was one!
Be sure to ๐๐ถ๐ธ๐ฒ๐ค and ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this so more people can learn why Bitcoin is rogue money.
And ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ this for quick reference later!
How else is Bitcoin rogue money?
Let me know in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ