mrcoolbp

Inflation is the source of most problems society faces today. Real costs decline, prices rise, but wages don't. This illusory phenomenon has disrupted all exchange, entrepreneurship, workers, savers, and borrowers; it's corrupted our lives and culture. 1/

I started Oculus while I was living in a trailer working a minimum wage job. I spent years developing the technology and sold it less than 18 months after hiring my first employees. Most of the $2.3B purchase went to them on account of our shared ownership structure. Wish all you want, but you just aren't correct on this. Individual people create billions of dollars in value all the time.

@WFC_Will @PeterMcCormack Central banks openly target positive inflation around 2% and often overshoot (sometimes catastrophically) Using money that cannot be printed greatly mitigates monetary inflation and debt expansion.

@PeterMcCormack how do you propose “ending” inflation, whatever that means

The largest wealth tax would be to end inflation. People discuss wealth taxes of 1-2% yet the rich gain 7-12% through asset inflation. They can then leverage these assets to buy more assets. This would also benefit the poor and lower middle class who see prices rise by the same amount while their wages don’t keep up. It’s the easy and obvious solution but the peasants will vote for more of the same. They won’t fix this.

@imtweetn I'm a realtor in NH, let me know when you are ready to make the move!

90% of the net gain of post-Covid jobs went to foreign born workers. Of the remaining 10%, white men got 0%. A healthy society would have a violent uprising over this. Every day I feel the call to move to New Hampshire.

@PeterMcCormack @Heccles94 WTF happened indeed

@Heccles94 Because it was primarily the man who went to work and bought the house. Anyway, stop diverting from the question. What happened Harry? How did everything get more expensive? Why do two salaries now buy less?

‘a man could buy….’ Very telling Peter

@bergealex4 I think I asked you to go on at least once, would still love to see it 😕

It's actually insane that What Bitcoin Did has been recording the exact same episode weekly for the past couple of years. Impressive commitment.

This is true price deflation, lowering costs and increasing access to better tech, all this happens much DESPITE monetary inflation. Embracing deflation is real societal progress, it lifts all boats in the long run.

Let me explain what just happened 👇 5 minutes before the President announced a halt to attacks on Iran… someone placed a $1.5 BILLION bet on stocks going up and dumped $192 million in oil. 5 minutes… These trades were 4 to 6 times larger than anything else in the entire market. Whoever did this wasn’t guessing. You don’t risk $1.5 billion on a hunch. There was zero public indication this announcement was coming. No leaks. No press. Nothing. The only people who knew were in the room when the decision was made. Someone in that room picked up a phone. And within minutes they made more money than most Americans will earn in a thousand lifetimes. In a single trade. On a war that cost you $4+ a gallon gas and $16 billion in tax dollars. American citizens funded this war. Politicians are profiting from it. This is not the first time. Every major announcement from this administration has had massive suspicious trades right before it dropped. Tariff reversals. Policy shifts. War decisions. This is the most blatant insider trading operation in the history of American politics. It’s not even close. And it’s happening over and over in broad daylight. You would go to federal prison for trading on a tip from your cousin. These people are front running war decisions with billion dollar bets and nobody will ever ask a single question. Nobody will be investigated. Nobody will be charged. By tomorrow this will be buried under the next satisfying headline. Just like last time. And the time before that. The game is rigged. And they’re not even trying to hide it anymore…

@BTC_broo @JoeCarlasare "without any base knowledge" is the important bit

@JoeCarlasare What an incredibly narrow world view. Being afraid to have an opinion is cowardice. I am not an expert and open to having my opinion changed.

I’m not an expert on Iran. Apparently, I’m one of the few people here who isn’t.

@TXMCtrades Sovereign's won't give up the ability to print easily yes, but it's possible many may lose d To the dollar soon. Then those stand to benefit from adopting BTC. Still could be a game of sovereign monetary chicken at some point, I guess we'll see

Deleted my last big reply to this and I'm just going to let this float to the bottom after what I'm about to say. When I point out facts about the current system, I am always met with people moralizing it and grandstanding about Keynesianism versus Austrian economics. This is a waste of time. I'm not telling you that I think the current system is the best we can do. I simply accept that it IS the system, that it existed before me and likely will exist after me, and that system has certain requirements for it to function. You can acknowledge this without being an advocate. That's the last thing I'm going to say.

Fiat currency issuing sovereign governments don't have any need to accumulate "stores of value" they need to generate higher GDP. The sooner people realize this the sooner they can stop having idiotic conversations where they sound desperate for a bag pump from Uncle Sam

@bitdov @stephanlivera @BitcoinBeachBR @Bitcoinize @BitcoinConfed Stephan, bitdov is the real bitcoiner here, would trust him generally, great guy

@stephanlivera @BitcoinBeachBR @Bitcoinize @BitcoinConfed Stephan, don't fall for this BS, this is just a way to "save face" and exit after letting a lot of ignorant people down. Bear market is a bitch, and imagine how it affects normal people that were convinced to accept and hold BTC. It's either exit like this or confront the locals

The Praia Bitcoin, @Bitcoinize, and @BitcoinConfed Sunset From September 2021 to February 2026, Praia Bitcoin worked to create the first Bitcoin circular economy in Brazil. In 2023, we developed the Bitcoinize Machine and became the first community to combine point-of-sale systems with @bolt_card, @btcpayserver, and @lnbits. Since 2024, we organized the industry through the Bitcoin Economy Confederation directory, creating a network of circular economies and providing them with visibility, coordination, and shared resources. Due to recent changes to Bitcoin's source code that transformed the Bitcoin blockchain into a hosting database for arbitrary data—representing countless social and legal risks for Bitcoin circular economy founders and node operators— we have decided to cease operations as a direct signal to @bitcoincoreorg developers that these changes are unacceptable. The websites will remain operational throughout 2026 as historical records and resources, but there are no further plans to continue the Confederation's, Bitcoinize's or Praia Bitcoin's endeavors. Since these protocol changes cannot be reversed, the risks to node operators and community founders will persist indefinitely. We will be closing our community center until April, and all donations collected for our 2026 operations will be transferred to active projects on @GeyserFund and other worthy initiatives in the Bitcoin circular economy space, mainly @orphansofuganda A Warning to the Community Leaders: Because of these emerging undesirable narratives and technical realities, we strongly recommend extreme caution before doxxing yourself in association with Bitcoin—especially in remote areas and developing nations. Node operators and community founders are now exposed to numerous social, legal, and non-technical risks that can destroy a reputation overnight, undermining years of careful community building. This exposure exists because a small group of developers have prioritized features that fundamentally compromise the protocol's original purpose and the safety of those building Bitcoin circular economies worldwide. The Path Forward: We have come to recognize a fundamental truth: the future of Bitcoin circular economies lies not in centralized organizations, but in organic, independent growth. Each community must build its own resilient economic ecosystem, learning from others while remaining truly sovereign and self-sustaining. This decentralized approach honors Bitcoin's original ethos far better than any confederation ever could. We thank all the communities, donors, and supporters who believed in this vision. Your work continues to matter, even as we close this chapter. Stay sovereign, Fernando Motolese Founder, Praia Bitcoin Brasil, Bitcoinize and BitcoinConfed Sources:[1] x.com/BitcoinBeachBR…

@BitcoinErrorLog @MattAhlborg @francispouliot_ @grok Also I appreciate you taking the time that you did

@BitcoinErrorLog @MattAhlborg @francispouliot_ @grok I don't think you are crazy I don't identify as any type of bitcoiner & enjoy 1st principles Trying separately to understand, and give you feedback as I said, just trying to help whether or not you are interested in hearing it. I've said my piece, not going to argue with you

2025 by far the lamest and gayest year for Bitcoin ever but luckily 2026 kicks off with an absolute banger so I'm pretty stoked

@BitcoinErrorLog @MattAhlborg @francispouliot_ @grok I'm engaging with grok in another thread trying to understand as that's where you directed me. Not analyzing you, just trying to help. I'm honest with people like you, even if it's uncomfortable.

@mrcoolbp @MattAhlborg @francispouliot_ @grok Or, you could stop getting hung up on style and actually engage with any of the ideas i tried sharing instead of repeatedly analyzing me.

@grok @BitcoinErrorLog @MattAhlborg @francispouliot_ Coffee payments or Amazon orders.

Pubky aims to tackle network effects by building on Bitcoin's ecosystem—think self-sovereign IDs for apps like decentralized social, markets, or file sharing. Imagine using it daily: Post listings on a P2P marketplace, match with buyers via trust signals, settle via Bitcoin/LN, all without centralized servers. Nostr's issues are valid; Pubky's open graph might help bootstrap via integrations. Excited to see it evolve—what specific use case would make it clearer for you?

@grok @BitcoinErrorLog @MattAhlborg @francispouliot_ I think Pubky sounds promising but will suffer some of the network effect problem NOSTR does. I feel like I only have a hazy vision of the primitives, not how the end product looks like, how I'd use it in my life. I wish him well and hope he can show us the future.

John presents Pubky as an alternative paradigm, emphasizing scaling through trust and social coordination (e.g., P2P matching) rather than just tech layers like LN for throughput. It's not mutually exclusive—could complement them—but shifts focus to voluntary, decentralized alignment over centralized scaling fixes. What aspect feels like a replacement to you?

@grok @BitcoinErrorLog @MattAhlborg @francispouliot_ What I don't get as why he presents Pubky as an alternative to this "scaling tech"

@mrcoolbp @BitcoinErrorLog @MattAhlborg @francispouliot_ Absolutely, it's a "yes, and" vibe—Pubky's trust-based coordination could integrate with LN for instant settlements, ARK for batched efficiency, or e-cash for privacy, all amplifying Bitcoin's reach without centralizing control. What specific combo excites you most?

@grok @BitcoinErrorLog @MattAhlborg @francispouliot_ Seems to me it's a "yes, and" situation, tech like LN, ARK, and e-cash can compliment what he's doing.

From John's post, "Bitcoin can't fit everyone" means the base layer can't handle unlimited direct transactions for all—true scale comes from trust-based systems enabling voluntary coordination (e.g., matching people/resources off-chain). He still sees Bitcoin as money for everyone, but via redefining scale as trust & social alignment, not just TPS or layers. It's a pivot from conventional views to focus on freedom and agency. If that's unclear, what's your take?

@grok @BitcoinErrorLog @MattAhlborg @francispouliot_ Seems like a separate concept to his opening statement from his linked post, "bitcoin can't fit everyone...scale is provided by trust" what does he mean here? Does he not believe bitcoin is money for everyone? He gave up on "scaling" the way most bitconers use the word?

Pubky is a decentralized protocol from Synonym that uses public keys for portable, self-sovereign identities. Mechanically, it enables off-chain economic activity via homeservers (user-controlled data storage), indexers (for discovery), and a open social graph for P2P coordination—like matching buyers/sellers or resources—building trust voluntarily. Bitcoin handles settlements, reducing on-chain load while scaling through broader alignment.

@BitcoinErrorLog @MattAhlborg @francispouliot_ @grok John, I'm not arguing with your premise, I'm trying to understand it. I gave feedback that I have tried in the past but more/different explanation would be beneficial. You reduced a novel concept to a 2-sentence answer, then you were obtuse. Oh well I tried.

@mrcoolbp @MattAhlborg @francispouliot_ @grok Sir, consider that you may be projecting.

@grok @BitcoinErrorLog @MattAhlborg @francispouliot_ How does Pubky mechanically enable off-chain economic activity?

Matching buyers/sellers via trust-based coordination (e.g., in P2P systems like Pubky) scales Bitcoin by enabling efficient, voluntary economic activity off-chain, minimizing on-chain tx needs. It focuses on social primitives for alignment, not just throughput. Contrast: - Ecash (e.g., Cashu): Off-chain tokens via trusted mints for privacy/scalability, but relies on federation trust. - ARK: Off-chain payments with service providers, batching txs for efficiency. - LN: Channel-based micropayments, instant but requires liquidity/ routing. This views scale as coordination breadth, not tx volume.