Bitcoin Tech Talk #297
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What I've been working on
Startups are Cantillon Winners - My article for Bitcoin Magazine this week was about startups and how they benefit from money printing. They are fiat companies that persist on debt and it’s crazy how much they live on perception. As we go towards a Bitcoin standard, startups will not be able to do irrational things like lose money for many years. Clearing out their wastefulness would be a good thing.
Christians and Inflation - I wrote an article for the Christian Post about how to Biblically think about investing. The main idea is to show Christians how investing is more or less forced in a fiat monetary system because of the rampant money printing/stealth robbery/inflation.
Scott Melker Show - I explained how the narrative this time around is the same as in 2018. All the DeFi tokens are just badly leveraged positions that are getting wrecked right now. Every bear market more people become Bitcoin Maximalists. Survivor bias means anyone who’s been in this a while will be maximalists or scammers, no in between.
What I'm up to
Chattanooga Bitcoin Meetup - I am pleased to be the headline speaker for the very first Chattanooga Bitcoin Meetup! I’m very excited to be in this growing city and checking out the scene. Tennessee seems very closely aligned with Texas and I look forward to the visit!
De-googling - I’m now setting up a NextCloud instance on my home server to host all my photos, documents, contacts and such. The next thing will be to set up a mail server and have all my gmail forwarded and have my own domain. It’s a bit slow going, but necessary if I want to have a robust online presence. If you have mail server suggestions, particularly one that can easily run on docker, please email me.
Wanting - I finished this book this past week. It’s a nice summary of Girardian ideas and does a good job relating them to present day. The main thing I got out of it is that the scapegoat mechanism is currently a bit broken. Thinking about desire as a social status mechanism explains a lot about altcoins.
Tweet of the Week
What I’m Shilling
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