With the mining difficulty adjustments, I hope some plebs get lucky with their Bitaxes. Only seems like a just reward for the hodling

I’m more and more convinced that Bitcoin never had a Bull market and that the Super cycle everyone expected did start. The twist being that it was a super bear to be followed by a super bull that hasn’t materialized yet.
Look, the ATH exists simply because of the halving and the price action looks way more defined by the cost to mine than euphoria. We appear to still be in the 2022 bear market which simply got pumped up to the post halving cost to mine.
On the bright side, once the accumulation phase of institutions finishes up, the price will rise. They are trying to shake out the current miners and holders. Killing leverage and miner competition. It explains the insane rise in hashrate they are price insensitive because it is an accumulation play taking advantage of lot tax benefits.

The real question everyone should be asking, who got blown up by that price swing in gold and silver? The Bitcoin sell off today is clearly a bid for liquidity to offset something else that broke in the market and is the only option over the weekend.

So many of you claim to be low time preference, but it is increasingly obvious that ya’ll are larping. You are so easily manipulated emotionally and are behaving like reactionaries.

Communists weaponize your lack of emotional control and create mob mentality. I can’t take anyone going to protests and screeching as serious people. You are behaving like an animal, and a rabid one at that.

Political protest does not require screeching, it requires calm discourse and simply a display of support. Nothing you say while marching is worth a damn, why waste so much energy yelling if you actually have a sober mind?

The only downside to Nostr right now is that it is still overwhelmingly Ancap and that’s probably one of the dumbest ideologies alive because it completely ignores the role and importance of culture. While also pretending like their ideology doesn’t just devolve into might equals right.

Cooperation through shared culture is necessary for any society to feel societal trust. Societal trust is the only way to allow for people to not be stuck threat assessing every person they interact with. So the only way to make interactions and business efficient, is to establish accepted norms in language and dress as a signal of membership to the shared culture & values.

I’m convinced that Ancaps are just as anti human as the extreme environmentalists who are degrowth advocates. They’re just focused on hating cooperation, duty, responsibility to others. Their ideology is one that degrades the entire concept of role specialization.

They have no foundations to their ideology except hatred for society and civilization. They stand for nothing, only against things. They are perfectly willing to abandon their obligation to family once it is too extended or removed from the immediate. Which is poetic because they’ve abandoned everything responsible for their supposed morality and values….they are an extreme atheist, so bent on self centeredness that they fail to see how all their values and beliefs were created.

Ancap has never existed in the chain of civilization that they are a descendant of. Cooperation and elimination of the extreme anti social and problematic members of society is our legacy of building the values we have today. The Ancap is a form of an extremely problematic member of our society because they behave from a view point of “fuck you”, instead of how can we win together if you uphold our values.

The proper path is localism and minarchy. There is nothing wrong with government, the federalist papers lay it out clearly. You should restrict government to only the roles you actually want it to do and give it the full authority necessary to achieve that mission. Government power should be restricted and unlimited at the same time. One cannot give government a task without the power to properly perform it.