Bitcoin Tech Talk #322
What I've been working on
Steve DeAce reads TGFB - Political commentator and Christian has been going through Thank God for Bitcoin on his show every Thursday for the past month or so. Skip to the 50 minute mark to hear from him on Theology Thursdays. I’ve been surprised at the connections they’ve been making, as a lot of the political connections they make, I didn’t even think of. I’ve been surprised that the message is connecting, despite the bear market. I’ll be paying attention to their reactions the next few weeks as they get into the Bitcoin part of the book.
Entitlements and Belief - The more I’m working on my Fiat Debases Belief article, the more I’m realizing how entangled belief and entitlement mentalities are. And what’s worse, the entitlement mindset is what I think leads to depression. When you think you’re entitled to be successful and you aren’t, that’s when you feel terrible about yourself. We’ve been told so many lies about what fiat money can do, that we’ve embraced it subconsciously in the form of self-esteem. More of these thoughts to come in an article soon.
London Real - This is an interview I did 6 months ago about Bitcoin, the gerontocracy, the way fiat money incentivizes the wrong things and much more. As Peter Thiel has said, we live in a world ruled by old people, and their incentives are not aligned with those that are younger. Listening to this reminded me that I need to write an article about how Fiat Debases Youth.
What I'm up to
Colombia - After some time in Peru, specifically Cuzco, Machu Picchu and Rainbow mountain, I’m now in Bogota. The currency here, just like other parts of South America is screwed up and you can tell because their currency ends in a lot of 0’s. 1 USD is worth 4800 Colombian Pesos, which from a denomination standpoint is about as bad as it gets in South America. They’ve more or less taken 3 digits off when posting prices, which is as easy an indicator inflation as you can get. Yet because cash isn’t tracked, I’ve found that in most South American countries cash is still king. Ironic given how terrible they are at storing value.
Fighting with VCs - I had a spat with Pomp over the weekend where he kept pressing me to condemn Bitcoin-only companies for some reason. What I’ve found is that VCs don’t argue honestly and you have to hold their feet to the fire on the stuff that they’ve been wrong on. The guy has worked hard to get a large audience, but the shilling of altcoins has consequences and he’s starting to feel them. Unfortunately, he likes to drag people down to his level to make himself look better.
Israel and the West Bank - I’m planning to spend my holidays in the West Bank enjoying some of the holiest sites of Christianity. If anyone has suggestions on places to visit and/or recommendations on how to convert Bitcoin to the local currency, please let me know.
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What I’m Shilling
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