Damus
Open in Damus
Undisciplined profile picture
Undisciplined
@Undisciplined

Convex combination of Ron Swanson and Britta Perry

Cohost of The Stacker Sports Podcast

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[email protected]nip05
https://stacker.news/r/Undisciplinedwebsite
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Relays (7)
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  • wss://reactions.v0l.io/ – read & write
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Recent Notes

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The Fed, Gold, and Crypto: Freedom and Competing Currencies
https://mises.org/misesian/fed-gold-and-crypto-freedom-and-competing-currencies

By Alex J. Pollock
> To stay in power, governments have to keep spending money. They need to give money to their friends, to give money to their supporters, to carry out their various projects, and—most expensive of all—to have wars.

Try to ignore the very stupid sideswipe at bitcoin. It's entirely beside the point.

https://stacker.news/items/1406923
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That’s so exciting! I ordered some stuff as a gift for my dad and then you shut down before I ordered anything for myself.
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My thoughts aren’t fully formed yet but the institutions are there to protect the innocent from unjust state actions.

Due process isn’t for the criminal. It’s for us, to keep us from being treated like criminals.

So, my current feelings are that you’d better be right if you’re going to intentionally ignore those institutional protections and be willing to be held personally responsible if you’re wrong.
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No doubt some of that lack of development, and more importantly lack of economically profitable development, is from typical central planning ineptitude.

However, my understanding is that Venezuela has particularly low quality oil and much of it is too expensive to refine at current prices.
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Econ End of Year Extravaganza Part 2: Selecting the top post of the year

We have our top post of Q4 in, so let's select the top ~econ post of 2025.

Each of these posts have been awarded 41,833 sats for being the best of their quarter.

Please read these great posts and vote on which should rank as the top post of the year.

# Q1 Top Post
[Bitcoin and (Monetary) Economics—Properly (Bitcoin Policy Institute)](https://stacker.news/items/889571/r/Undisciplined) by @denlillaapan

A breakdown of three economists' thoughts about bitcoin and monetary economics.


# Q2 Top Post
[Who Are the Companies Hoarding Bitcoin? (Financial Times, Philip Stafford)](https://stacker.news/items/1011075/r/Undisciplined) by @denlillaapan

Continuing his saga of trying to understand bitcoin treasury companies, Den finds a piece that he has relatively few disagreements with.


# Q3 Top Post
[Pleb Economist #8: What game theory can teach us about Bitcoin and self-custody](https://stacker.news/items/1030571/r/Undisciplined) by @SimpleStacker

Some neat game theory about how the existence of self-custody keeps custodians (more) honest, even if no one is choosing to self-custody.

# Q4 Top Post
[MONEY CLASS OF THE DAY: Money Illusion and Unit Bias, Bitcoiner style](https://stacker.news/items/1264166/r/Undisciplined) by @denlillaapan

Den's stated mission is to make us all less stupid when it comes to understanding money. Here he explains that fiat sucking as a store of value doesn't imply that it is failing as a medium of exchange.

https://stacker.news/items/1402587
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From the government’s mining operation? Yeah, that makes sense.

I also think things like personal tax exemptions can serve this purpose.