Roy Sebag

@nic_carter This is a great paper. Bravo Nic!

Well, I think I might have overestimated how controversial this article would be, but here it is. My first Medium article since February. @nic__carter/dont-fear-the-reaper-8bbb42358efb" target="_blank" rel="nofollow noopener">medium.com/@nic__carter/d…

@HourOptions @MattStirner @milessuter @RussellOkung @OPENDIME @mene As Munger used to say: "I have nothing to add".

@elonmusk @waitbutwhy The search for truth is not a matter of magnitudes.

@waitbutwhy It’s a tough one. That’s why we should expand the scope & scale of consciousness — to understand the nature of the Universe.

5 years later and I’ve made no further progress on this one: waitbutwhy.com/table/why-is-t…

@milessuter @RussellOkung @OPENDIME @mene We’d be delighted to. We can offer our chains and even design a 24k holder for the bitcoin drive.

@RussellOkung @OPENDIME I need that chain too tho! How about a @mene collab @roysebag ?

@Goldmatters_ This has been one of the fastest selling product lines we’ve ever had. We will be restocking soon. Mene demand is strong. Beautiful to see.

Popular designs sell quickly at Mene. Make sure to hit the “notify me” button to know when a 24 karat jewelry piece is back in stock. mene.com/invite/JrT26p #mene24k #brrr #mene

@nic_carter I was thinking of the same song today. Brad nowell captures the essence of rioting with those lyrics.

🎶 April 26, 1992 🎶 has been playing in my head all day for no particular reason

@PresentWitness_ Digital = fiat. Nothing new under the sun.

@JSMilbank This is absolutely correct. Any apparent technological progress can be better explained as an increase in energy consumption per capita.

The world has seen absolutely no meaningful technological progress in my lifetime - all we've had are faster and smaller computers, bigger networks, slightly more efficient machines and medicines. No true breakthroughs, no world-changing discoveries.

@scwilliamson24 @CodyMurrell @Goldmatters_ @mene @reneewei @Goldmoney @JoshCrumb Covid slowing everything down... We'll have it up as soon as we can. Business is running great.

@CodyMurrell @Goldmatters_ @mene @roysebag @reneewei @Goldmoney @JoshCrumb No idea. A couple weeks ago, she said it would be in May. They may give some post-2019 year end updates or even disclose 1Q20 as well. Just guessing. I hope @roysebag would host a conference call. I asked via email but did not get an answer.

Congratulations @Mene @roysebag @reneewei @Goldmatters_ @Goldmoney @JoshCrumb on surpassing 46,000 items sold! Since (March 29, 2020) I have been tracking the new "Stats" feature and @mene has sold 615.88 ounces of gold and 275.84 ounces of platinum jewelry! #InvestmentJewelry

@g_hodl @mikejcasey @nic_carter @CoinDesk That a piece of software consumes itself and the energy resources of its community as it scales. This is a tax on economic resources no different than fiat money but perhaps worse because it’s disrupting the flow of energy to primary industries.

@roysebag @mikejcasey @nic_carter @CoinDesk What are the central issues?

There's no one I would want more to weigh in on this most contentious (and poorly understood/argued) of issues about the bitcoin economy than @nic_carter. Very pleased to see that he chose to make his case in a @CoinDesk piece. coindesk.com/the-last-word-…

@PresentWitness_ @mwilcox What they fear most is a reversion to real economic activity. Local, physical, decentralized which rewards patience with merit, toil with leisure. They’ve spent the last 30 years constructing a modern serfdom predicated on debt based consumption and service/digital worship.

@russmonk @CMcgarraugh @QUEWB @mnicoletos @DTAPCAP I disagree. Scarcity reflects not just an elements crustal abundance but all unique properties relative to other elements and the potential usefulness of said properties at any future point in time. S2F disregards all of this and focuses on the Annual supply only.

One of the most incredible and important charts I have seen in 30 years. Suspend existing macro analytical frameworks for understanding world markets. Speed and size of move in liquidity creation will never be seen again. March was max fear/worst case. Long gold and Bitcoin.

@russmonk @CMcgarraugh @QUEWB @mnicoletos @DTAPCAP Bitcoin is a service for transmitting and securing information online. The argument for its value rising should focus on why that utility will be worth more in real economic activity in the future. Brand? First mover? Best technology? That’s the only argument that can be pursued.

@CMcgarraugh @QUEWB @mnicoletos @DTAPCAP Rushing to find new ways to argue for bitcoin has led the community to botch the entire Austrian tradition and now argue that a service economy is higher in order or, worse, causes the real economy. This is not sound money. This is fiat.

@CMcgarraugh @QUEWB @mnicoletos @DTAPCAP One cannot disregard all the incidental features which make an element unique and assume there is only one reason which makes it valuable. Within the natural world, an object at hand (made-up of elements) provides different individuals w/ unpredictable optionality/usefulness

@BobSweeney37 @saifedean @ValueOfBitcoin Prove it by consuming services without physical goods. You may call something immaterial a good, but you will not be able to explain how an immaterial service can be traded for the goods you need repeatedly and according to first principles. The fundamental laws of cooperation.

@spomboy @paulraymondz @bondstrategist Because gold measures the real economy not illusory economy. People forget that hyper inflations destroy most industries and that only those resilient industries survive in any reset with the same purchasing power. Nobody (Including gold owners) gets rich in hyperinflation.

@bondstrategist Permanent QE... 100%. which begs the question: why isn't gold at $17,000 (instead of $1700)???????????

I'm taking the "over" on Powell's unwind promise taking longer than the 8 years it took Bernanke