Blue Collar Bitcoin

Beta Pricing Ends Today!

Sovereigntax.io

Just left an indoor Wisconsin water park.

Ozempic is not an option anymore. Put it in the water 😂

Bitcoin tax breach scoreboard:

💀 CoinTracker — breached 3 times (1.5M users exposed, one victim lost $1.7M) 💀 CoinLedger — customer data sold on dark web 💀 Waltio — 50,000 users' tax data stolen

🛡️ Sovereign Tax — impossible. We don't have your data.

💻 Desktop app. Runs locally. No cloud. 🔐 AES-256-GCM encrypted on your machine 🚫 No accounts. No telemetry. No servers to breach. ⚡ Pay with Bitcoin + Lightning. No KYC. 🔍 Source code on GitHub. Verify everything. 📄 IRS Form 8949 in minutes.

Your tax software shouldn't be a bigger threat to your Bitcoin than the IRS.

🔥 Beta pricing ends Saturday — sovereigntax.io

Minivans fuck hard.

Earlier this year, Blue Collar Bitcoin crossed the 1 million listens mark.

Heartfelt appreciation from the 2 of us to all the guests who've contributed, and to all you psychopaths who've listened over these last 3 yrs.👊

Don’t just touch grass.

Also touch ass.

Just left Chili’s🌶️

Average guest was 50-100 lb overweight.

And gotta be honest, the food HIT.🤣

Too much #bitcoin today can mean less #bitcoin in the future.

Make sure the size of ur stack relative to ur net worth matches ur level of job security & cash flow (present & future).

Um.…looks like the #Bitcoin ETF was a big f**king deal.

Given enough time, too much power in the hands of a small group of people ALWAYS results in problems.

#Bitcoin is the only digital asset on the planet that avoids this pitfall.

#Bitcoin gives no fucks.

With this protocol, nothing is sacred and it has no opinion. It just executes…LIKE A GORGEOUS PSYCHOPATH.

joins to riff on this and more.💪

👉 https://fountain.fm/episode/MVdAsU6QXUr3VDu1h4x1 https://image.nostr.build/1490561b5118efd3a3f3dcb354308e2e156407dd3799cf9b050a1c3e56f67f0e.jpg

Get off screens and go touch stuff.

Be extremely skeptical of anyone who wants to change the current state of the #Bitcoin network.

And even more skeptical of those who want to do it rapidly.

I know all us “hardcore” bitcoiners are “too cool” for price predictions, but fuck it…

What’s the highest price #Bitcoin hits in the year 2024?

How did the world go “woke” & what can be done to fix it?

Grab a spiked eggnog & join Josh, Dan & Zuby for an unfiltered (& purposefully offensive😉) Christmas romp.🥃🥛🎄

👉 https://fountain.fm/episode/aAsB2Bhz7BQm3vCXuSA8 https://image.nostr.build/1ab6f1fdb9774d971b4d6de98f28044b8407e23cbb3a8820c35a4d63f59f2d4d.jpg

It’s EXHAUSTING when relatives have a negative viewpoint of the world…

When anything positive is highlighted, they change the subject.

Don’t be a pessimist. It’s vampire energy.

"Sending a super high transaction fee to put an ordinal on the #BTC  blockchain is kinda like paying for a 1st class Emirates ticket to fly ur beanie baby collection across the Atlantic Ocean. I'm a capitalist. If you wanna do that, that's your prerogative."🤷‍♂️

—

For sat hungry hodlers, watching #Bitcoin pump is like watching ur kid go off to college.

You’re proud. You knew it was coming. You know it’s what’s best.

…but ur aware you won’t have as much of him/her in your life as you wish.🧡 https://image.nostr.build/b21bf7366c69c650d0b7dcd4f60922589c38bd49feae0eeb17e1717ff06eabd6.jpg

When people decide to take a meaningful position in #Bitcoin, they desperately wish they had done it sooner. We almost all felt/feel this way.

#BTC initially b*tch slaps u with regret, but with patience it eventually rewards.

Be grateful for what you have — you’re EARLY.

Anytime we start getting ideas about leveraging #Bitcoin, 2 things are true:

1️⃣It’s a bad idea. 2️⃣#BTC is RIPE for a pullback.

We’re talking to

on Blue Collar Bitcoin tomorrow.

What #Bitcoin tech or other topics do u want the 3 of us to explore?

Seeing people chain smoke cigarettes makes me genuinely sad.

Don't get fat. If ur already fat, get less fat.

We say this because we care about you. Fat people are limited in life, and statistically, they die much earlier.

Reaching ur potential doesn't include being 40 plus lbs overweight.

What still confuses you the most about #Bitcoin?

What’s truly paradigm shifting is a digital form of value with a COMPLETELY and PERPETUALLY reliable number of monetary units.

There is only ONE protocol remotely close to accomplishing this.

#Bitcoin

For 30+ years low interest rates incentivized more & more debt — debt servicing costs were almost an afterthought.

“More debt isn’t a problem” was a common mantra.

Oops…sh*t got really expensive really quick. https://image.nostr.build/baa38d1089758c7e80bbd1435b7f35ade4ff8be5cbf8ebe3cb05c8a7726fc33b.jpg

If you hold ETH, what do you call a spot Ethereum ETF provider?

👉Daddy.

showed up looking like this on BCB last week. Needless to say, this one got rambunctious.

As the great Ron Burgundy once said, "Well, that escalated quickly."😉

https://fountain.fm/episode/lStXmEKulcQlSjStgkKf https://image.nostr.build/ee8f3e7e012a43331e86fcbd7f090224c6577d3c38c08b1054ce8bbddae6a2ba.jpg

The VAST majority don't grasp the extent to which the state consolidates power in a digital fiat landscape.

#Bitcoin  propels us in 2 promising directions: 1⃣Diminishes the dominance of government-issued currency. 2⃣Leverages the digital realm to promote freedom, as opposed to surveillance.

Like many paradigm breaking discoveries, #Bitcoin likely enforces the world YOU already see.

Christians think it reflects Christianity. Atheists think it reflects atheism. Agnostics think it reflects agnosticism.

Stay genuinely ready to learn from others, and beware that the most unhelpfully dogmatic groups are often the most vocal & confident.

“I don't know how to cook" is an adorable statement.

If u start in the fire service & make that claim u get one response: "You better learn quick."

It's pathetic how many grown ass adults have no food preparation skills. Learn at least the basics of how to fuel ur own body.

Talking to

this morning.

What do u want to hear us cover?

This quote has us captivated by its accuracy. 😱

Carl Sagan wrote this about the future of America that he feared circa 1994 in the book “The Demon-Haunted World”

“I have a foreboding of an America in my children's or grandchildren's time -- when the United States is a service and information economy; when nearly all the manufacturing industries have slipped away to other countries; when awesome technological powers are in the hands of a very few, and no one representing the public interest can even grasp the issues; when the people have lost the ability to set their own agendas or knowledgeably question those in authority; when, clutching our crystals and nervously consulting our horoscopes, our critical faculties in decline, unable to distinguish between what feels good and what's true, we slide, almost without noticing, back into superstition and darkness...”

Gives us CHILLS 🥶

An absolute privilege for us to talk to this dude last week for the 2nd time.

First got exposed to Luke on TIP w/

years ago, and we pay as close attention to what he says/thinks/writes as anyone in macro.

The notion that energy/oil is going to get more expensive in years to come makes A LOT of sense to us — chronic underinvestment, mounting global frictions, less cooperative exporters, etc.

Who disagrees? And if u do, why?👇

Hear a lot about recession, recession, recession…

…but seems many are sleeping on the potential for deficit-driven inflation. https://image.nostr.build/dccd57798dfcfca832bbd7745d13880c6546f8e2e36b2aa4457a6d3b016536bb.jpg

"Seek out the arguments that make your own position uncomfortable." —Daniel Dennett

We attempt to do just this☝️ in our most recent chat w/

&

If you love #Bitcoin, prepare to get triggered in Basics_10.😉😘

🎧 https://fountain.fm/episode/14kahQuJ5LUErKzhb33y

(And for plebs who want more steelmanning, end of BCB055 w/

& 1st half of BCB114 w/ Matt Pines are great segments) https://image.nostr.build/851f36942a45e22e4b3ed73e71a468432891e541a294878ae006e1a1199b86c0.jpg

Hot take🔥👇

Pickleball is a sh*tcoin.

Play tennis you lazy f**ks.

If you're willing to do the dirty work in the 2020s & 2030s, you might just get PAID.🫰💸

Here's why.👇

We're starting to see more manual labor, manufacturing, & industrial jobs get BIG pay bumps. The most popular example right now is UPS drivers making $170k. Some work-from-home computer warriors may be upset, but prepare for this trend to potentially continue.🤷

Over the past few decades, the incentives in the U.S. have led to an increasing percentage of talent & human capital moving toward software, healthcare & the financial sector. When we zoom out, this is (at least in part) due to American manufacturing & industry becoming less profitable as a result of a perpetually (and artificially) strong $USD — the downstream consequence of a fiat monetary system & USD hegemony (but I digress).

Couple this with the fact that people seem to be startlingly & increasingly lazy. Society was soft before COVID, and the pandemic added even more down feathers to the workforce pillow🪶. Seems like everyone & their cousin's mother wants to sit at home in front of a computer...drinking smoothies, petting their Aussiedoodle, and doing yoga throughout the work day. Nobody wants to get their hands dirty.🛠️

"The MBA graduate from a mid tier school that's making excel spreadsheets that get read by 2 people and don't do anything....they aren't necessarily providing value." —@jimmysong

To use firefighting as a labor example, 10 years ago our department had literally 10x as many applicants as are interested today🤯

There is a shortage of real labor, especially skilled labor, and with US industry & manufacturing desperately trying to reshore & catch up as the world starts to de-globalize, those willing to step up are going to get compensated for it.

Demand for labor is high. Supply of labor is low.

In today's environment, those who get off their ass may be increasingly rewarded. And in our view, there's a real chance that amidst this low labor supply, unions may actually strengthen considerably. Although computer warriors might b*tch & moan about it...this jealousy from the confines of home offices is likely to continue until the work force improves.

Let’s abruptly “end” fossil fuels and usher in a newfound wellspring of mass global poverty.

What is ur favorite non-bitcoin podcast?

We're gonna be running these bad girls & mining some #BTC all winter in our homes.

Worth a peek if u wanna do a little home hashing but can't go whole hog w/ a hardcore mining setup.

30% off preorders ending in Sept — additional 5% off w/ code "BCB"

👉 heatbit.com/?ref=BCB https://image.nostr.build/cdfdf488d1301ab3d9539ab2342ef1efbe618d4d32d5cdd1508d0a4806b43d83.jpg

“Affluent individuals are able to make their money work for them, while people at the lowest income levels end up paying extra just to use the money they have. It is expensive being poor.”

—

A Progressive's Case For Bitcoin

nostr:npub1dc84762hpnp0y4jcvjcgwt8l7sepng93j3hg63hfm80ph6kt82eqktjwqd

Firefighting is a unique career, where grown ass men with families in their 30s, 40s & 50s still have contests (& vehemently debate) who can throw the furthest, run the fastest, swim the fastest, lift the most, etc.

Junior high playground vibes for 30 years.

It’s the best.

Had a BLAST w/ Steve Lubka

in BCB125!

⇒Inflation misconceptions ⇒What #Bitcoin  does (& doesn’t) protect against ⇒Pitfalls of command & control economies ⇒#BTC  for HNWI ⇒Sunning our 🍒

🎧 https://fountain.fm/episode/1VISxE0r9Bu2ONngk4iK https://cdn.nostr.build/i/782686ae60f1d978928847867e6d60fa45a736f44bc2d7bc66692d2df8d74d08.jpg

Both parties overspend like credit card junkies.

🐘&🫏=🤡

h/t:James Lavish https://cdn.nostr.build/i/9a3fd52b04576716876b047bd3266723a32d283b2c7e9520f013e7a3e898c0b9.jpg

-#Bitcoin is bigger than you. -Bitcoin is bigger than your opinions. -Bitcoin is bigger than what you think bitcoin should be.

When a change u want made on #btc  doesn't happen, don't get butt hurt.

Nobody controls this thing. Consensus can be uncomfortable.

Deal with it.

The most outlandish display of overconsumption in the world today is hands down CARS. A huge % of people are under-saving in large part because of what’s in the garage.

We’re all about nice shit, but only if you can afford it.

Dare to be different & do some basic napkin math.

Sleep fucks hard.

Fuck. They’re here.

Fast forward 40 years.

...The world runs on a #Bitcoin standard, and governments are largely uninvolved in influencing the supply & price of money.

What happens to interest rates??🤔

I still hear people calling #Bitcoin a bubble.

Sure, it might look that way on a 2.5 yr linear chart, and u can say the bubble inflates & deflates — but u can’t say it pops…because it just keeps getting larger when u zoom out.🤷

Stay on the sidelines at ur own risk. https://cdn.nostr.build/i/77cce7793e4c5a94e666bfc076dd5a600a5816148eb6887bed2f7aaf65bbb00b.jpg

Consistently strive to poke your head outside whatever echo chamber you’re in.

And yes, you’re in one.

Ur gonna want children.

Trust us.

Watching The Big Short again.

Those guys KNEW the logic, math & fundamentals were in their favor…but they second guessed themselves at points because the vast majority of people thought they were crazy.

Kinda like #Bitcoin.

New episode dropped w/

🎤

We dive into the mechanics of these wonky markets as well as…

👉where is the recession ? 👉deep sea fishing 🐠 👉treasury downgrade 👉BRICS gold currency 👉US default possibilities 💥The FED’s greatest fear

https://fountain.fm/episode/vn3UoutKT6XzKYnMLhnP https://cdn.nostr.build/i/bc4981276067aa8cf910503ceaf7a8a0cff0f656b8417566197028ef7c8f2d86.jpg

#Bitcoin calls fiat’s bluff. https://cdn.nostr.build/i/0a5573663753a110e8966ae66e55f80e7dad1e2b6542d1924f55325b8af40d93.jpg

#Bitcoin will move when you least expect it.

Forget timelines. Forget short term price.

Focus on the fundamentals & play the long game.

What are you reading right now?

Price predictions on #bitcoin, especially those with timelines attached, are almost always unhelpful.

#Bitcoin works because it aligns the digital realm with the laws of nature.

Violent move in rates—why hasn't more broken?🤔

Luke Gromen makes a key point in update below: Intervention HAS thwarted deflation—trapeze artists can't get hurt when the net is always there.

BUT...what are long-term risks of the perpetual Fed Put???

The Happiness of YOUR life depends on the quality of YOUR Thoughts

• Marcus Aurelious

Orange Pilling can be INCREDIBLY challenging & frustrating. We explore why w/ Austin Herbert in BCB120.

→#Bitcoin inception. →Why fitness doesn’t have to be difficult. →Boat Day Drinking. →Camel Toe Ego.

🎧 https://fountain.fm/episode/B1Q5e9fYgnQgkUpZe3oK https://cdn.nostr.build/i/3b8ece87bd0c97a69e90bc1727661fd2d06ec803d46c6ed9f27ae3421488d27d.jpg

Most people in public discourse still think #bitcoin is a joke, when in fact it’s as serious as a heart attack.

Stack says.

In #Bitcoin, the message is the settlement. There's no debt layer above the settlement layer like the legacy system.

And w/ 2nd layers like #LightningNetwork settlement happens instantaneously—an HUGE upgrade in 21st c. payments!!

#Bitcoin empowers individuals worldwide to take control of THEIR money.

An idea so fundamental that most still don’t recognize how profound it is.

This is what I find in my bunk tonight at the firehouse. https://nostr.build/i/e4aa5abbab57a2cf7a10bca54fa60559d39d368d6f1984f59e44fd8324621fb1.jpg

In your estimation, what is the biggest risk that still confronts #Bitcoin?

David Grusch.

Crypto is f*cked.

Life is way too short to wish away any phase of your life. You will almost certainly want it back at some point in the future.

#Bitcoin may be energy intensive, but when it comes to reliable and immutable settlement of a fixed monetary asset, it’s HIGHLY efficient.

Strong prediction that twitter eventually runs on nostr (or something very, very similar)

#Bitcoin2023 is gonna f**k...HARD.

#bitcoin makes saving cool again.

#Bitcoin is a dumb network, and that's why it's winning.

https://medium.com/@aantonop/why-dumb-networks-are-better-f0b94c271b76

Strong interpersonal communication skills are an INCREDIBLE cheat code in life.

People inside & outside crypto who feel #Bitcoin is useless, harmful, or obsolete tend to be those who lack full understanding regarding the problems #BTC works to solve.

"Because money is a belief system, the manipulation of money is a form of passive-aggressive psychological abuse. People who distort the medium for transferring financial information are systemic predators who prey on people's belief system, eroding their ability to cooperate with each other and contributing to the collapse of society. The most successful moneys have been those which PHYSICALLY CONSTRAIN this type of systemic exploitation."

—Jason Lowery, Softwar p127

Regardless of how intelligent you are, you know EXTREMELY little, and YOU certainly might be wrong.

Stay intellectually humble.

The Potential Dangers of Artificial Intelligence....According To Artificial Intelligence (ChatGPT 4)👇👇👀

There are a number of potential dangers associated with developing a strong generalized artificial intelligence (AGI), which is an AI system that can perform any intellectual task that a human can do. Some of these potential dangers include:

1.) Existential risk: AGI could potentially become so powerful that it poses an existential risk to humanity, by creating new technologies or by taking actions that lead to our extinction.

2.) Unemployment: AGI could potentially replace human workers in many industries, leading to widespread unemployment and economic disruption.

3.) Bias: AGI systems could potentially perpetuate and amplify biases and inequalities present in the data they are trained on.

4.) Control: Once AGI reaches a certain level of sophistication, it could become difficult or impossible for humans to control or understand its actions.

5.) Manipulation: AGI could potentially be used to manipulate and influence individuals, groups, or even entire societies, by using advanced algorithms and techniques to shape opinions and behavior.

6.) Security: AGI could potentially be used to carry out cyber attacks or other malicious actions that could have serious consequences for individuals, organizations, and governments.

7.) Ethical concerns: AGI could raise a host of ethical concerns, such as questions about the rights and autonomy of artificially intelligent beings, and the moral implications of creating new forms of life.

These are just a few of the potential dangers associated with developing a strong generalized artificial intelligence. It is important for researchers and policymakers to carefully consider these risks as they work to advance the field of AI.

We've both diving down the A.I. rabbit hole recently, something we each did years ago but is top of mind again w/ more visible, accessible, powerful, and quickly progressing A.I. tools.

Gonna be honest, it's mostly scaring the shit out of us.

The more #Bitcoin is understood by humanity, the more value it will accrue.

#13 at Augusta is to golf holes what Bitcoin is to monetary technologies

Bitcoin is optimized for SURVIVAL.

This feature is somewhat important when challenging a plethora or powerful (and potentially retaliatory) incumbent global institutions.

Looking for an orange pill resource amidst the fiat pandemonium?

We continue to chip away at our BITCOIN BASICS series w/ Daz & Seb. Parts 1-4 are out, 5-9 (or more) to come—out monthly.

Full series here👇👇

https://bluecollarbitcoin.io/bitcoinbasics

Fragility mandates intervention.

Intervention leads to more fragility.

More fragility leads to more intervention.

More intervention leads to even more fragility.

We need an offramp: Bitcoin

Bitcoin is hung like a Clydesdale.

When contagion & counterparty risk abound, there's no better way to spend a Friday night than w/ a vodka tonic and a Coldcard.

People have no idea how fragile the monetary system is. NO IDEA.

Sticks & bubble gum DO hold the contraption together, until they don't.

We desperately need robust and antifragile financial infrastructure.

👉bitcoin   

Associate with people who think deeply.

"Fiat is Bubble Boy trying to compete against the battle-hardened sewer rat that is Bitcoin." —Andreas Antonopoulos (h/t:#[0] )

Just started using the french press and unsure if I can ever go back. F**k does this come out delicious.☕

The discovery of digital scarcity occurred, because for the 1st time, the physical world was workably tethered to the digital world.

You don't have "unforgeable costliness" without Proof of Work.

When it comes to non-fiat money, the Trojan Horse needs to be dramatically & robustly decentralized to get through the gate.

Still one of our favorite bitcoin analogies & articles by #[0] 👇

https://bitcoinmagazine.com/culture/bitcoin-is-a-trojan-horse-for-freedom

Testing zaps on Fountain App...

The fairly quick blossoming of nostr and its integration w/ bitcoin is a manifestation of COMPOUNDING DECENTRALIZATION.

Our chat last week, "Bitcoin For Boomers" w/ Greg Foss & #[0] seems to have struck a chord—these 2 legends brought the heat.🔥

What follows is a THREAD🧵 OF 15 STANDOUT QUOTES from BCB098.👇

https://twitter.com/Blue_CollarBTC/status/1631482900695900160?t=Tl1oi7DS7lywH01Drq2tiQ&s=19

Zap on yourself from time to time. 🤷⚡️️

We're gonna let the dogs out with #[0] & Chris Alaimo of Bitcoin Magazine tomorrow on Blue Collar Bitcoin.😉

We'll chat about the upcoming Bitcoin 2023 Conference and whatever else u freaks want us to cover. Throw suggestions below👇

Share this Foss & #[0] chat with a Boomer you love.🧡

https://www.fountain.fm/episode/13705548683

Nostr fucks....HARD.