Without #bitcoin a lot of us think the financial system would collapse in the USA soon.

The nightmarish reality is that we still have plenty of time to slide closer into the third world poverty lifestyle of Japan.

It's not a coincidence "Satoshi Nakamoto" is trying to save us..
The Japanese work long hours in high tech jobs, yet they can't afford a bed. They sleep on mats in tiny apartments, ride bikes (because cars are expensive), eat out with their fake families (work "friends"), can't afford to have a large family, eat a lot of soy...
And are generally as far away from the masculine warriors of WWII as could be imagined.

They gamble and play with comic book characters.

What westerners often think of as "cultural" is really simply the result of 1st world poverty fully inculcated into a society...
This can certainly be the future of your children and the pace that this is being adopted is not slowing down.

Do you really think your kids will have as many kids as your grandparents? Won't the main reason be "it's expensive?"

...
As people have fewer children and have them later in life we should certainly expect them to remain immature and child like longer.

The weight of responsibility to provide and protect make you into a man (or mother) not age alone.

...
We should also expect them to become more docile. If you remove the balls of a bull they become more submissive. If you tried to turn an entire population of men into eunuchs you'd have an uprising.

But if you use central banking to make them too poor to have children...
You can simply offer them weird pornos and highly sexualized video games and other fantasy solutions that will effectively accomplish the same end.

And it is proven to work. There is very little chance that the people of Japan are going to rise up against the most oppressive ...
And wealth consuming central banks on the planet.

So the USA isn't going to become mad max with a bunch of warring tribes of men. That would be paradise for my grandchildren compared to what the central planners have in mind.

...
Either #bitcoin and the internet is going to change the power structure or humanity will continue to become more childlike and effeminate and submissive to authority and willing to be impoverished for the benefit of the ruling class.

That is nightmare - where everyone is happy.

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More from @JWWeatherman_

5 Jun
It appears that El Salvador is going to make #Bitcoin “Legal Tender”

I believe this means three things:

1. No taxes on bitcoin.
2. They are going to hold it as a reserve.
3. They are going to encourage adoption.

If this is true this will have profound impact…
On the lives of millions and f people. The US has had a policy of “containment” since 1823:

en.m.wikipedia.org/wiki/Monroe_Do…

The motivation was ostensibly to prevent any foreign nation from having undue influence on the security of the US by preventing “colonialization”

But…
The practical reality is that to keep South America from being influential upon the USA the USA had to keep SA poor.

For a long period this made SA countries turn to the only other alternative world power and thus meant “communism.”

This further motivated the US to …
Read 11 tweets
1 Apr
#bitcoin is amazingly resilient. Even if an attacker broke the code or we suffered a nuclear war that bombed us back to the stone age the UTXO set would be recovered and bitcoin would come back online with existing holders largely being unaffected

HOWEVER...
If I was a central banker my focus would not be on attacking the network, but in discrediting the UTXO set itself.

This might actually be cost effective given the sad state of self custody.

...
A small number of generally poorly funded and incompetent startups are trusted to secure significant sums of bitcoin in hardware wallets or solutions like Casa.

This is even worse because much of the bitcoin is being held by blatantly custodial services.

...
Read 28 tweets
30 Mar
The 1.0 of bitcoinsafe.io is finally out!

Thanks to @bjdweck @zachherbert @GaryLeland @thibm_ @martindale @SomsenRuben @sanket1729 @TheCryptoconomy @AaronvanW for providing their reviews and to my 14 year old daughter for doing all of the design and coding.
The goal was to gather together the opinions of as many people as possible to show that there are best practices that we pretty much all agree upon and direct new bitcoiners quickly and easily to a bitcoin storage solution or wallet that fits their needs.

...
We could definitely use more reviewers, but already it is clear that there is nearly complete consensus on anything that a new bitcoiner cares about.

(if you would like to provide a review please DM me - we need it)

...
Read 7 tweets
25 Dec 20
My Christmas gift to you:

When someone objects to bitcoin because it won’t allow for big government or harms the environment don’t address the objection. Instead...
Simply explain that their opinion doesn’t matter anymore. They have lived in a world where mob might makes right so they assume their opinion of something has an impact upon it - because for things not government hard this is true at this soviet moment in history...
But #bitcoin only needs a small percentage of the world to choose to hold it for world dominance to become inevitable in spite of the opposition. Indeed it’s already happening at an accelerating rate.

They have become obsolete. The mob has been dethroned...
Read 5 tweets
23 Dec 20
Proud to announce that YetiCold.com 2.0 is released!

Thanks to the great work being done by @bitcoincoreorg we are most proud of the code we deleted.

...
Descriptor wallets are now supported by Bitcoin Core. This means all of the send and receiving features, everything from selecting a destination address to dealing with change, is no longer a Yeti thing.

...
With offline signing in bitcoin core Yeti no longer creates raw transactions and moves them to the offline device - the bitcoin core UI handles everything with PSBT!

...
Read 10 tweets
26 Nov 20
Techn gets adopted rapidly and in very unpredictable ways.

Text based search (google) looked lazy and sloppy and many expected “topic maps” to be the killer app of the internet.

Social media in many ways is a poorly designed email system merged with digital scrapbooking

...
Merged with a dynamic and super sloppy mailing list.

The iPhone was a super obvious upgrade to the early windows phones as soon as high fidelity touchscreens existed, but the App looked completely backwards when all was going “web app.”

...
So we should expect the #bitcoin tipping point to be equally unexpected and strange. Even a killer gaming experience, or a “like” = a “sat” seems like a very reasonable possibility so we should expect something much weirder.

Maybe it will turn out to be “corporate treasury”

...
Read 5 tweets

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