@jeffreyatucker is a brilliant thinker, writer, and speaker—his message is of preeminent importance amid the declining conditions of liberty worldwide. This sub-1 hour conversation is well-worth your time, and is good to share with loved ones who may be feeling lost...
Finally, this is the written work @jeffreyatucker and I discussed: it is exceptionally well-written, and I implore you to read through it (it's a short read):
In celebration of November 21st, The @WhatisMoneyShow is releasing the Pysh Series (6 episodes total) all at once, today. In The Pysh Series, @PrestonPysh and I explore two books:
In 1900, Nikola Tesla envisaged "a principled machine" as the end of war. Today, that machine is #Bitcoin
“...a machine embodying a higher principle, which will enable it to perform its duties as though it had intelligence, experience, judgement, a mind!”
The difficulty adjustment of #Bitcoin makes it the world’s first “intelligent” money: it forever shifts the game of property into digital space, and makes the battle of establishing consensus on ownership “a mere spectacle, a play, a contest without loss of blood.”
Above quotes from "The Problem of Increasing Human Energy" by Nikola Tesla, available here:
CLAIM: “Namely, that our inevitable flaws, including our lack of perfect foresight, require guardrails to reduce the risk of unintended consequences, like, for example, speculation in “low-risk” mortgages that drove a global financial crisis.”
Contrary to the popular misconception, the 2008 great financial crisis was driven by the eurodollar system (cc: @JeffSnider_AIP), a consequence of central banking.
Private property rights can equally be called private property responsibilities. A proprietor is incentivized to take responsibility for the assets he owns to maximize the usefulness and longevity of the rights they bestow upon him.
"Give a man the secure possession of a bleak rock and watch him turn it into a garden.
Give a man a 9-year lease on a garden and watch him convert it into a desert.
The magic of property turns sand into gold."
Fiat currency inflation is a violation of private property—the arbitrary movement of wealth from one set of hands to another.
Inflation is a legally enforced injustice; it disincentivizes prudence and triggers a widespread abdication of responsibility among market actors.
International waters have historically been the greatest geographic safe haven from nation-states. Gamblers, pirates, smugglers, and other sinners seeking to engage in state-condemned activities willingly make use of this ungovernable territory.
This oceanic realm is rife with high degrees of risk, reward, and self-responsibility. But exactly why is maritime law so different from the legal systems operating within terrestrial nation-states?