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  1. prije 1 sat

    48 hours in. Status: 407874/615829

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  2. prije 8 sati

    12) Keep it toxic and dogmatic you fanatics. Never compromise. Not even in the face of Armageddon.

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  3. prije 8 sati

    11) I am hopeful. This extremely intolerant minority is really beautifully intolerant and whats more important; it seems to carry a majority of the most renowned bitcoiners. It has bitten off and chewed up more inflationeering centralisers than I can count.

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  4. prije 8 sati

    10) Over time their continued intolerance might become less important. Because we will have been tied down to the protocol. But for many many years to come, complete non-cooperation with inflationary tendencies is an absolute requirement.

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  5. prije 8 sati

    9) We are fighting incentives over time here. They always win in the end. So what chance do we have? Well, we have the protocol. And we have a toxic minority of conservative fanatics. We need them to tie us to the mast, cover their ears and row. Like mad.

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  6. prije 8 sati

    8) Incentives are relentless. This is why we need something to tie us to the mast so that we may not succumb to the siren song of inflation – because we WILL hear it, and we will find ourselves inexorably drawn to it. The harder the knots that tie us down, the better.

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  7. prije 8 sati

    7) A monetarily enlightened despot might not himself deal in inflation. But whatever institutions or successors he leaves behind will over time be dragged, some of them kicking and screaming, some of them blissfully blind; towards inflation.

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  8. prije 8 sati

    6) From history we learn that it does not matter who holds the reins on money. The incentives are relentless. Over time: they WILL prevail. No single will, no cultural institution, no political dealings, NOTHING can withstand the barrage of incentives.

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  9. prije 8 sati

    5) Keynesianism is currently the most popular apologetic intellectual framework for inflation. But that is really beside the point. Keynesianism is just a function of incentives over time. Governments always want to inflate = will always privilege parasitic economics.

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  10. prije 8 sati

    4) These experts will talk about stimulating the economy, “investing” in infrastructure and jobs, saving the country from terrorists or what have you. They will helpfully provide confusing neologisms like “quantitative easing”. All to shake any suspicion of wrong-doing.

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  11. prije 8 sati

    3) There will always be “experts” around to supply the necessary intellectual framework for explaining why inflation is necessary and good, and not in fact the theft of purchasing power from the people that it actually is.

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  12. prije 8 sati

    2) All currencies finally succumb to inflation. In history only the means change. E.g debasement of gold coins, interest rate manipulation or printing press. Same difference. What remains over time is the institutionalized apology.

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  13. prije 8 sati

    “I can resist everything, except temptation” said Oscar Wilde. The monetary policy equivalent would be “We cannot resist anything, least of all inflation.” The intolerant “toxic” fanatics who resist change are actually radically humble. Thread:

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  14. prije 9 sati

    3) There will always be “experts” around to supply the necessary intellectual framework for explaining why inflation is necessary and good, and not in fact the theft of purchasing power from the people that it actually is.

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  15. prije 22 sata

    Increased dbcache to 2gb (over the top?). Seems lots faster though.

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  16. prije 22 sata

    IBD of on 4 (4GB RAM) takes a little while. Up to 2015 after ~24 hours, on a 100mbit line. To an external HDD. Should be another couple of days, maybe a week? (txindex=1)

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  17. proslijedio/la je Tweet
    28. sij

    I can pay Twitter $75 to promote a tweet and it will get roughly: 17.7k impressions 97 engagements I want to see if paying everyone with sats is a better deal. Every retweet I'll pay 10k sats, capped at 750k sats. Comment with a 10k invoice after retweet Will share results

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  18. 26. sij

    Bitcoin is the best piggy bank ever created.

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  19. proslijedio/la je Tweet
    21. sij

    Absolute red alert: This is unbelievably naked retaliation for revealing extreme corruption at the highest levels of 's administration, and an existential threat to investigative journalism in .

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  20. proslijedio/la je Tweet
    11. sij

    Unbelievable—7 years today. RIP my darling boy.

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