Nostr notes by Sunny Penguin

Should have been 2021 thereabout, I stand to be corrected though

2026-10-17T07:53:57Z

In reply to nevent1q…ddzd
_________________________

Should have been 2021 thereabout, I stand to be corrected though

Nostr event nevent1qqsghd0wputq7z6thhzlg7jmdmt68ytk5r0zp76hk452kym4s3yg9tgzyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555v4p86p

2026-10-17T02:22:12Z

💯

Nostr event nevent1qqsxjmtp4k27ggdz5dvd0ddf0cphgvdaty3dwalaalu9y22a7cyw35qzyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555c0l7k9

2026-10-15T07:24:14Z

Spot on 💯 These are the whores mad at Shane and funny enough ...

2026-10-15T06:25:11Z

In reply to nevent1q…qs2l
_________________________

Spot on 💯 These are the whores mad at Shane and funny enough they will never join a women only gym

Spot on 💯 These are the whores mad at Shane and funny enough ...

2026-10-15T06:25:10Z

In reply to nevent1q…qs2l
_________________________

Spot on 💯 These are the whores mad at Shane and funny enough they will never join a women only gym

I totally agree with you 💯 how dare they accused BoFA of such ...

2026-10-15T06:10:55Z

In reply to nevent1q…6hd6
_________________________

I totally agree with you 💯 how dare they accused BoFA of such a thing! Outrageous 🤣

True or nah? ...

2026-10-14T08:39:29Z

True or nah?

Good morning 🌞

2026-10-14T08:39:00Z

In reply to nevent1q…euzw
_________________________

Good morning 🌞

Good morning

2026-10-14T08:21:00Z

In reply to nevent1q…zs9q
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Good morning

Haha! 😹

2026-10-14T08:19:29Z

In reply to nevent1q…48j0
_________________________

Haha! 😹

Wasn't it the shadowy super coders that are the criminal ...

2026-10-14T05:46:46Z

Wasn't it the shadowy super coders that are the criminal masterminds doing the majority of the money laundering?

I hope someday soon airlines will address this because this makes ...

2026-10-14T05:44:00Z

I hope someday soon airlines will address this because this makes no sense at all

You and me both 🤣

2026-10-14T05:37:28Z

In reply to nevent1q…e2ht
_________________________

You and me both 🤣

Louder please for the people in the back

2026-10-14T05:37:01Z

In reply to nevent1q…jcgc
_________________________

Louder please for the people in the back

Nostr event nevent1qqsrfezsngqmmknf2aw49lsacaurgeycpdqu33qcunhj9sk74dv6q5szyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555ngl7qq

2026-10-13T12:06:03Z

It's psyop and false flag season, prepare accordingly ...

2026-10-13T10:34:58Z

It's psyop and false flag season, prepare accordingly

Haha! I better keep a low profile, thanks for looking out

2026-10-13T10:31:47Z

In reply to nevent1q…0d8f
_________________________

Haha! I better keep a low profile, thanks for looking out

When it comes to smart cities (i.e. 15 min cities), mandatory ...

2026-10-11T11:48:05Z

When it comes to smart cities (i.e. 15 min cities), mandatory vaccinations, CBDCs, censorship, and social credit score driven algorithmic societies; every gvt from Russia, EU, China, USA, North Korea and Iran are on the same page. Don't believe the WWE narratives https://www.tehrantimes.com/news/530724/Tehran-to-host-7th-Iran-Smart-City-Exhibition-and-Conference

Being dumbed down is a more realistic threat than AI killing ...

2026-10-11T11:39:49Z

Being dumbed down is a more realistic threat than AI killing humanity.

"They have since undergone genetic testing to try to ...

2026-10-11T09:44:37Z

"They have since undergone genetic testing to try to establish if there is a reason why both girls have been diagnosed with cancer...Sophie said: "They said it just unfortunately looked like really bad luck."

Really bad luck or a case of vaccine injury? I wonder... 🤔

They think we are, I don't blame them for thinking that way ...

2026-10-11T09:40:01Z

In reply to nevent1q…gwke
_________________________

They think we are, I don't blame them for thinking that way though. Population has proven them right many times

I couldn't have said it better 🎯

2026-10-11T07:30:16Z

In reply to nevent1q…gaqp
_________________________

I couldn't have said it better 🎯

You are one of the smart ones, unfortunately you are in the ...

2026-10-11T07:14:58Z

In reply to nevent1q…vfnc
_________________________

You are one of the smart ones, unfortunately you are in the minority

Indeed and when you pair it up with the BlackRock ETF buying ...

2026-10-11T06:57:47Z

In reply to nevent1q…vy9f
_________________________

Indeed and when you pair it up with the BlackRock ETF buying spree, not to mention the banksters now offering either BTC trading or custody solutions or both, the normie class of 26 are going to be swallowed whole 😸

"Just take a picture of your credit card, drop it in the ...

2026-10-11T06:54:40Z

"Just take a picture of your credit card, drop it in the chat"

You bet that a lot of people will 😸

quoting
nevent1q…pfxj
No thanks

Nostr event nevent1qqsp795lz9gk32ljjvz8grwphw6s3f45gyffx26knrqxdtxuqt2x88czyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555589wj5

2026-10-11T06:38:29Z

This year will be known as the year when war was declared against ...

2026-10-11T06:37:47Z

This year will be known as the year when war was declared against #btc self custody. All these hacks and exploits aren't random

This is extremely dangerous to our democracy ...

2026-10-11T06:36:29Z

This is extremely dangerous to our democracy

Night made 😂 #nevent1q…a0xa

2026-10-11T06:34:33Z

Night made 😂

quoting
nevent1q…a0xa

You won the internet today 😂🤣

2026-10-11T06:34:20Z

In reply to nevent1q…nc6a
_________________________

You won the internet today 😂🤣

Good morning ...

2026-10-10T11:55:32Z

Good morning

Nostr event nevent1qqsx6tqjxz638w3cemgzhyflhj80t05xypggzt9n7cskzc44ck2vucgzyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r5557p964h

2026-10-08T09:12:21Z

Just gonna leave this right here ...

2026-10-08T09:11:52Z

Just gonna leave this right here

Nostr event nevent1qqs9awfkwdegp7y0w9hp7jee56hlf6hu24gzp98cg388tlxek4tqncgzyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555q2wjd4

2026-10-08T03:53:36Z

And that's the problem with a lot of Bitcoiners, they ...

2026-10-07T03:53:08Z

In reply to nevent1q…m5pk
_________________________

And that's the problem with a lot of Bitcoiners, they don't want to accept the privacy and fungibility problem that BTC has. They should have done a bip to bring privacy to the base layer a long time ago but instead they did Taproot which brings rubbish like USDT to Bitcoin. Smh

That's why I approve this message ...

2026-10-07T03:50:11Z

In reply to nevent1q…sc76
_________________________

That's why I approve this message

As soon as ydy

2026-10-07T03:48:22Z

In reply to nevent1q…8kju
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As soon as ydy

Will he and his kids be at the front lines?

2026-10-07T03:48:08Z

In reply to nevent1q…sc76
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Will he and his kids be at the front lines?

Good night Connie 🫂🧡

2026-10-07T03:47:33Z

In reply to nevent1q…v38e
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Good night Connie 🫂🧡

Nostr event nevent1qqsrezaph7c8sdkpwtkg7d576u27a0hu9u3ejg68km4wj0q6r6fcnhczyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555tkf0af

2026-10-07T03:47:02Z

😁

quoting
nevent1q…2008
A foreword for the ages

Gm ☕

2026-10-04T06:00:55Z

In reply to nevent1q…0ajl
_________________________

Gm ☕

A fool and his money are soon parted , that said, please go ahead ...

2026-09-29T07:12:39Z

A fool and his money are soon parted , that said, please go ahead and do it. What do you have to lose?

quoting
nevent1q…eu2h
#asknostr the results of this poll will be a 10% weight in my decision... Been thinking about this since the mid 60s

Should I use some #bitcoin as collateral to lever up and buy more bitcoin? Would be using Conbase

Staying away from whores is ancient wisdom that is now being ...

2026-09-29T07:08:29Z

In reply to nevent1q…xd29
_________________________

Staying away from whores is ancient wisdom that is now being ignored by most men today, especially now that the whore houses are now digital

Your post is evidence that you are bearish since you are not ...

2026-09-29T07:06:10Z

In reply to nevent1q…tgll
_________________________

Your post is evidence that you are bearish since you are not bullish on SpaceX and Amerika. 😉

I am so happy for you girl and it always comes down to the ...

2026-09-27T12:42:43Z

In reply to nevent1q…pm2s
_________________________

I am so happy for you girl and it always comes down to the personality at the end of the day. It's the one thing you can truly count on even when the exterior changes

Nostr event nevent1qqsyv4v6qzwcyjwdluz7z5azsqah7npvtazqdvzylcpdxgt7cvmcehqzyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555uhts8g

2026-09-27T08:30:37Z

In reply to nevent1q…efmc
_________________________

Probably someone who is a mua at the circus 😂

2026-09-27T08:09:16Z

In reply to nevent1q…2jy9
_________________________

Probably someone who is a mua at the circus 😂

I would say it's another Liquid/Celsius/Blockfi waiting to ...

2026-09-25T21:06:02Z

In reply to nevent1q…pznt
_________________________

I would say it's another Liquid/Celsius/Blockfi waiting to happen apart from the obvious philosophical misalignment

The good ol days where you could mine with an ordinary CPU

2026-09-25T06:26:14Z

In reply to nevent1q…nzw2
_________________________

The good ol days where you could mine with an ordinary CPU

So AI isn't going to kill us after all? #nevent1q…3tx2

2026-09-24T11:16:34Z

So AI isn't going to kill us after all?

quoting
nevent1q…3tx2
⚡️🤖 NEW - Anthropic CEO Dario Amodei says their Claude AI model has led to the discovery of a “new molecular machine” capable of gene editing

London has fallen #nevent1q…5vj5

2026-09-21T14:59:12Z

London has fallen

quoting
nevent1q…5vj5
But I am sure nothing will happen to you if you put up a Palestine, Ukraine, Israeli or Pride Flag. In fact you will be a hero

Where's the lie? ...

2026-09-21T00:14:36Z

Where's the lie?

The good ol days of shouting end the Fed

2026-09-20T20:45:43Z

In reply to nevent1q…vk5d
_________________________

The good ol days of shouting end the Fed

Gm!! 😁

2026-09-20T20:44:45Z

In reply to nevent1q…cvmz
_________________________

Gm!! 😁

Which engineering decisions would you say are questionable? Bear ...

2026-09-20T15:34:02Z

In reply to nevent1q…tw9m
_________________________

Which engineering decisions would you say are questionable? Bear in mind that I am not a dev so explain it to me like I'm 5 😁

Thank you 👏🏻

2026-09-20T15:17:05Z

In reply to nevent1q…muvq
_________________________

Thank you 👏🏻

One of the wisest words ever spoken. Today and this is it! ...

2026-09-20T15:16:33Z

In reply to nevent1q…khfc
_________________________

One of the wisest words ever spoken. Today and this is it! 🔥👏🏻

Imagine a pilot getting angry because one of the plane's ...

2026-09-20T07:11:49Z

In reply to nevent1q…j0cf
_________________________

Imagine a pilot getting angry because one of the plane's engineers told him that one of his engines was faulty and needed repair. That would be the most weirdest thing ever given how that's lifesaving advice, but no you are branded a shill or something 😂

You don't even need to go that far, just say something like ...

2026-09-20T07:05:54Z

In reply to nevent1q…su9k
_________________________

You don't even need to go that far, just say something like BTC has no privacy at the protocol level and you will hear responses like "yeah but it's not a 💩 coin like Monero" and that's without anyone saying anything about Monero 🫠🫠 it's like talking to a child. Or you will get cussed out for being a scammer 😂

Now that sounds amazing and as somewhat of a nomad myself, I ...

2026-09-20T07:01:38Z

In reply to nevent1q…ps7w
_________________________

Now that sounds amazing and as somewhat of a nomad myself, I would love to experience this first hand. Especially if there is a balance between nature and some of the modern conveniences. Going full wilderness living, while on the cards, it's not yet what i wanna do unless i find a very based place

#Bitcoin is a tool which means it has both pros and cons. The ...

2026-09-20T03:02:08Z

#Bitcoin is a tool which means it has both pros and cons. The biggest con right now are the cultish people who ironically are statists at heart and want to posit bitcoin as the panacea of everything. I'm assuming we are all adults here and you don't have to like #monero either but at least be honest with yourself and others. The goal is freedom, BTC and other tools are just a means to an end. Having the orange coin while being in a golden cage does diddly squat for you. Wake up and stay free

It's so crazy to me how emo some people get (sad to say that ...

2026-09-20T02:54:56Z

It's so crazy to me how emo some people get (sad to say that a good number of them are male) the moment you point out a weakness or disadvantage that #btc has. It's like you have dissed their momma or something when you are just stating facts. We need adults in the room who understand that no tool is perfect no matter how much you may like it. Find God and at least you won't be out here making the orange coin your god and behave as if you are in a cult.

Is this AI?! Even if it is, I love it 😁

2026-09-20T02:50:09Z

In reply to nevent1q…j9n0
_________________________

Is this AI?! Even if it is, I love it 😁

Amen to that 🙌🏼

2026-09-20T02:48:39Z

In reply to nevent1q…pccl
_________________________

Amen to that 🙌🏼

Yes!

2026-09-20T02:43:06Z

In reply to nevent1q…alyx
_________________________

Yes!

Good morning! 😊

2026-09-19T11:14:13Z

In reply to nevent1q…sn7s
_________________________

Good morning! 😊

We would always have a large supply of memes that's for sure ...

2026-09-19T08:28:30Z

In reply to nevent1q…aysv
_________________________

We would always have a large supply of memes that's for sure 😁

Nostr event nevent1qqspnumjmrszamhfl6wueze26ft5mu5xzr076t4wak944gzmqh9thqgzyr6k3gzrl3sqnqup49l4wg8j20c78jkcemvmjmgx6nr9advu4r555qejqdx

2026-09-19T04:46:09Z

#Bitcoin has the network effects and more mature circular economy ...

2026-09-19T04:39:26Z

#Bitcoin has the network effects and more mature circular economy but #monero has the privacy and no Wall Street corruption. I don't see how you can meaningfully defend your freedom and privacy without both of these tools

How are you even human without the ability to protect your ...

2026-09-19T04:34:39Z

How are you even human without the ability to protect your privacy?

quoting
nevent1q…l7cv
30 Signs #Monero (XMR) Is Not For You

1. You love broadcasting your net worth to the world.
2. You enjoy the thrill of frozen bank accounts.
3. You believe privacy is only for criminals.
4. You love submitting selfies to use your own money.
5. You prefer "tainted" money.
6. You trust Chainalysis more than cryptography.
7. You want a public ledger of every embarrassing purchase.
8. You prefer "Number Go Up" over "Freedom Go Up."
9. You love ASIC mining farms controlling the network.
10. You can't wait for CBDCs.
11. You think "Be your own bank!" sounds like too much work.
12. You believe compliance is the killer app.
13. You're uncomfortable when money is actually sound.
14. You think hiding your transaction amounts is "suspicious."
15. You never really wanted to be free anyway.
16. You think you have nothing to hide, and that's because you have nothing to say.
17. You firmly believe your nosy neighbors deserve full read-access to your financial history.
18. You prefer your digital cash fragile and easily tracked, rather than shielded by adamantium-grade cryptography.
19. You believe trusting long-term network security to a completely speculative, exorbitant fee market is "sound money."
20. You are utterly terrified of a predictable, microscopic tail emission that actually guarantees permanent network security.
21. You prefer a blockchain where miners must pray for endless network congestion just to keep the lights on.
22. You actually enjoy the suspense of wondering if future block subsidies will drop too low to prevent a 51% attack.
23. You sleep soundly knowing the WEF, BIS, CIA, and Wall Street are building a real-time, high-definition surveillance map of your entire economic existence.
24. You consider getting your life savings frozen because a stranger "dusted" your wallet with 0.00001 tainted Bitcoin to be a fun, character-building weekend surprise.
25. You view the "$5 wrench attack" and targeted kidnapping as exciting networking opportunities.
26. You firmly believe that intelligence agencies and globalist cartels are just looking out for your best interests when they trace your UTXOs.
27. You think advertising your exact net worth on an immutable, public ledger to every local extortionist is just a bold fashion statement.
28. You actually enjoy the constant, lingering paranoia that one unsolicited transaction from a sanctioned address could permanently destroy your financial reputation.
29. You genuinely celebrate that the "anti-establishment" money you bought to destroy the fiat system is now fully custodied, regulated, and sold back to you as an ETF by BlackRock and Wall Street.
30. You fundamentally reject the concept of fungibility, believing it is perfectly normal for a barista to run a full forensic background check on your money's entire lineage before handing over a cup of coffee.

This is what's behind the price pump? 😭😭 ...

2026-09-18T21:08:41Z

This is what's behind the price pump? 😭😭

quoting
nevent1q…lnsq
⚡️🟢 NEW - $135,000,000,000 has been added to the crypto market cap so far today.

$400,000,000 in leveraged short positions have been liquidated over the past 12 hours.

This comes after the SEC approved limited on-chain trading of tokenized stocks and the CFTC filing new rulemaking to regulate the crypto market.

Meanwhile, the Fed is projected to raise interest rates by another 25 basis points next month.

Please explain

2026-09-18T04:50:58Z

In reply to nevent1q…vkj0
_________________________

Please explain

This! 🔥🎯 #nevent1q…09mn

2026-09-18T03:44:47Z

This! 🔥🎯

quoting
nevent1q…09mn
things have been so weird since covid 😂

And mine too! Though Mr smartphone is absent from that lineup ...

2026-09-18T03:10:45Z

And mine too! Though Mr smartphone is absent from that lineup

There it is... ...

2026-09-18T03:05:36Z

There it is...

On hand a lot of the routes are definitely unprofitable but on ...

2026-09-18T03:01:10Z

On hand a lot of the routes are definitely unprofitable but on the other hand, this is in lockstep with the 15min city design.

Before they were blown up ...

2026-09-17T04:15:19Z

Before they were blown up

Lol 😂 GN Connie 🫂

2026-09-17T03:45:23Z

In reply to nevent1q…c70h
_________________________

Lol 😂 GN Connie 🫂

At least we still have adults in the room

2026-09-17T03:44:59Z

In reply to nevent1q…qgph
_________________________

At least we still have adults in the room

Amen and good morning Mr K 🙏🏻

2026-09-17T03:44:11Z

In reply to nevent1q…dn8p
_________________________

Amen and good morning Mr K 🙏🏻

When you realise how many botfarms exist online you will not be ...

2026-09-16T14:44:44Z

When you realise how many botfarms exist online you will not be quick to argue with a lot of crazies. For all you know it's a Pakistani based bot

What good is NgU if it can't buy your more time with your ...

2026-09-16T06:25:10Z

What good is NgU if it can't buy your more time with your loved ones in a thriving world? What's the point of being a multimillionaire in a slum?

quoting
naddr1qq…92nl

There is something deeply strange about the way Bitcoin is discussed in most circles. An asset created as an alternative to fiat money is routinely celebrated according to how many units of fiat money it can command. Headlines like “Bitcoin reaches a new all-time high” are enough to inspire euphoric celebrations, with analysts across the digital divide publishing increasingly extravagant price targets. They’ll even go as far as to say that $500,000, $1 million or $10 million Bitcoin is inevitable. As if that were not enough, every politician, celebrity, hedge fund manager or central banker that says something vaguely positive about Bitcoin becomes another reason for excitement.

As you can see the entire conversation revolves around one question which is, how high can the price go? This way of thinking is problematic because the number is denominated in fiat. If Bitcoin's fundamental proposition is that fiat money is structurally unsound, then treating the number of fiat units required to purchase one Bitcoin as the ultimate measure of Bitcoin's success is a profound conceptual error.

Price is not value

Value is subjective. Things do not possess some objective quantity of economic value embedded within them waiting to be discovered by a market. Individuals value things according to the ends they believe those things can help them achieve.

Prices emerge from human action and exchange. They are market signals produced by the interaction of subjective valuations, scarcity, preferences, expectations and available information. This distinction matters enormously when thinking about Bitcoin. When someone says, "Bitcoin is worth $100,000," they are not describing an intrinsic property of Bitcoin. They are describing an exchange ratio between Bitcoin and the dollar at a particular moment.

The price tells us how many dollars the marginal buyer is willing to surrender for the marginal unit of Bitcoin, given the circumstances, expectations and alternatives available to participants in that market. The dollar is merely the measuring unit, and yet some Bitcoiners routinely confuse the measurement with the thing being measured. This is particularly dangerous because the monetary unit itself is not constant.

Imagine measuring someone's height with a ruler that shrinks by 5 percent every year. Eventually, everyone would notice that something was wrong with the ruler. Yet when it comes to money, people routinely treat the monetary unit as though it were an immutable yardstick when it’s not. Money is itself an economic good, and its purchasing power is determined by market conditions.

Therefore, when Bitcoin rises from $50,000 to $100,000, several things could be happening simultaneously. Demand for Bitcoin may have increased. Bitcoin may have become more useful to its users. Expectations about its future purchasing power may have changed. The supply of dollars may have expanded. Confidence in the dollar may have weakened. The nominal price cannot tell us which of these forces is responsible by itself. This is why "number go up" is an incomplete description of what is happening.

The denominator matters

Suppose one Bitcoin eventually trades for $1 million, most people would assume that Bitcoin has increased in value, however that conclusion does not follow automatically. The more important question is: What happened to the dollar?

If the purchasing power of the dollar remained broadly stable and Bitcoin could suddenly command $1 million worth of goods and services, then Bitcoin's real purchasing power would indeed have increased dramatically, but if the dollar has undergone a massive loss of purchasing power during the same period, a million-dollar Bitcoin would then mean something very different. The mistake is analogous to looking at a stock market rising in nominal terms during a period of severe currency debasement and concluding that society has necessarily become proportionally wealthier. Nominal numbers can rise while real economic conditions deteriorate. In other words, money is not wealth.

Money facilitates economic calculation, exchange and saving, but printing more monetary units does not magically create more capital, more food, more housing, more energy or more human ingenuity. You cannot manufacture prosperity by manufacturing claims on prosperity, yet this confusion persists everywhere.

When governments increase the quantity of money and financial assets rise people become richer on paper. As asset prices increase, politicos then point to nominal GDP as a measure of exceptional economic performance, but the underlying question remains; What happened to the purchasing power of the monetary unit? This is precisely why Bitcoin's fiat price must be interpreted carefully. A rising BTC/USD price can represent Bitcoin becoming more valuable relative to the dollar, but it can also represent the dollar becoming less valuable relative to scarce assets, and sometimes it represents both.

A higher Bitcoin price may actually be telling you something frightening

A $1 million BTC price would have many people celebrating their newfound wealth, but suppose that this occurs alongside a world in which food, energy, housing and basic necessities have become extraordinarily expensive in dollar terms because confidence in fiat money has deteriorated severely. Whilst Bitcoiners would have preserved their purchasing power the society around them would have collapsed in every meaningful way; with chaos and civil unrest being the likely result.

Would that really be the victory Bitcoiners think it is? If Bitcoin is $1 million but the purchasing power of ordinary people's savings has collapsed, that is not necessarily evidence of a prosperous society. When a monetary system deteriorates badly enough, the consequences eventually appear in the real economy: shortages, unemployment, social instability, political extremism, capital destruction and the erosion of social trust.

This is why the idea that "Bitcoin going to $1 million" as inherently bullish misses the point. The number itself tells us almost nothing about whether humanity is better off. The relevant question is what happened to purchasing power, economic calculation, capital formation and human freedom.

Number go up can become a psychological trap

If people enter Bitcoin solely because they expect the number to rise, Bitcoin becomes psychologically subordinated to fiat. The dollar remains the reference point and remains the unit of account. Ultimately the dollar remains the thing that determines whether Bitcoin has "performed." Thus Bitcoin becomes psychologically defined by the monetary system it was supposed to replace..

This produces a strange phenomenon where someone can spend years "investing in Bitcoin" while never actually changing their relationship with money. They continue earning and saving fiat. They continue measuring their wealth in fiat, while depending upon fiat-denominated institutions. They simply own one additional asset whose fiat price they hope will rise.

There is nothing inherently wrong with profiting from Bitcoin's appreciation but if that is the entirety of the proposition, then we have reduced a monetary revolution to a trade. The bigger opportunity is monetary transformation, where the goal is not merely to have more dollars because you owned Bitcoin but eventually to need fewer dollars because Bitcoin itself has become useful as money. That is a fundamentally different objective that the NgU mentality tends to obscure.

Collapse doesn't reliably produce freedom

Here is the part of the story that most people tend to ignore, which is that economic disorder does not generally make people more committed to individual liberty. More often, it produces the opposite, a state of emergency that comes with demands to “act now” and cries of government intervention from different sections of society..

Argentina's serial currency crises are a great example of this. Each bout of severe inflation was followed not by a spontaneous embrace of sound money, but by capital controls, multiple official exchange rates, import restrictions, and expanding state intervention in the economy. These measures, which ironically did more harm than good, persisted for years and were broadly tolerated by a public more afraid of chaos than of the controls. Greece in 2015 showed a milder version of the same reflex, when bank runs and default fears were met almost immediately with capital controls and withdrawal limits, imposed with public support because the alternative felt worse. Frightened, desperate people facing shortages and collapsing savings do not reliably coordinate their way to more freedom; they hand the state a justification to intervene more, not less.

This isn't a deterministic claim because political institutions, constitutional constraints, and culture all play a role in shaping the final outcome, and collapse doesn't mechanically produce authoritarianism. If the dollar's failure arrives as social chaos, the state's response to that chaos will likely be martial law, surveillance, capital controls, restrictions on property, CBDCs and even a 21st century version of EO6102. At that point, merely owning Bitcoin is not enough. You need an economy capable of functioning around it, because economic collapse does not remain an abstract problem of bond markets and exchange rates. It eventually becomes a problem of food, housing, employment, property and survival.

When money dies, society changes

Adam Fergusson's account of Weimar, Germany in his book When Money Dies describes a society in which the destruction of the monetary unit did not simply make prices inconveniently higher. It transformed economic and social relationships. Goods became more important than nominal money. The distinction between being "wealthy" and being able to obtain food became increasingly meaningless.

By December 1923, one US dollar was worth approximately 4.2 trillion marks, and Germany had been pushed toward a barter-like economy in which goods such as food, fuel and clothing could become more meaningful stores of value than the currency itself. This is the point that is so often lost when inflation is discussed through percentages. Inflation is not fundamentally about numbers on a spreadsheet. It is about the destruction of economic calculation and time preference. Fergusson's account is particularly powerful because it shows the human consequences of monetary collapse rather than merely describing the mechanics.

This is what makes the Bitcoin question so much more important than "number go up." Real wealth comes from production, capital accumulation, entrepreneurship, knowledge, technology and human cooperation, not from the creation of monetary units. Bitcoin cannot manufacture those things for us. What it can do is provide a monetary foundation that does not systematically undermine them through arbitrary monetary manipulation.That is the real promise.The question is not simply whether Bitcoin appreciates against fiat but whether there will already be an alternative monetary infrastructure available when the trust in fiat disappears.

The real Bitcoin insurance policy

Perhaps the best way to understand this is to think of Bitcoin not simply as an investment but as a form of monetary insurance. Insurance is valuable precisely because you purchase it before the disaster. You do not wait until your house is burning to look for a fire policy. Likewise, the rational response to monetary fragility is not to wait until the monetary system is visibly collapsing before learning how to operate outside it.

Build beforehand. That does not require believing that the dollar will collapse tomorrow. It requires recognizing that the cost of building resilience before a crisis is dramatically lower than the cost of constructing it during one and if the extreme scenario never arrives, you have still built a more sovereign, resilient and censorship-resistant economic infrastructure; but if it does arrive, the difference could be enormous.

The $1 million Bitcoin question

This brings us back to the original argument about number go up. If Bitcoin reaches $1 million because fiat has remained relatively stable and Bitcoin has genuinely acquired extraordinary purchasing power, that will be one story. However, if Bitcoin reaches $1 million because the world's major fiat currencies have experienced severe monetary deterioration, it will be another.

Should the latter scenario occur alongside shortages, unemployment, political polarization and civil unrest, then celebrating the BTC/USD exchange rate may be missing the most important story entirely. The real question will be, What have you built that still works? Can you still trade with other human beings without requiring permission from an increasingly desperate state?

A Bitcoin standard should therefore mean more than simply owning Bitcoin. It should mean progressively building economic relationships around Bitcoin itself. That is why building on a Bitcoin standard today matters. Bitcoin's greatest value may not be that it makes its holders rich during the collapse of fiat. Its greatest value may be that it gives society an alternative before the collapse of fiat becomes a social crisis.

The goal should therefore not be to sit patiently waiting for the dollar price of Bitcoin to validate the thesis but to build the alternative while the old system still has enough stability to support its construction. The people who would have spent years building Bitcoin-native businesses, payment networks, communities and economic relationships will be in a fundamentally different position from those who merely accumulated Bitcoin and waited for the price to rise. The former would have built a functional economy while the latter would have merely accumulated a position on a price chart, with nothing in self custody.

You can say that again 🙏🏻❤️

2026-09-16T03:53:52Z

In reply to nevent1q…lld4
_________________________

You can say that again 🙏🏻❤️

The energy vampires also exist on Nostr, use the mute/block ...

2026-09-16T03:35:19Z

The energy vampires also exist on Nostr, use the mute/block button liberally and protect your peace.

Avoid such characters like the plague #nevent1q…8qfz

2026-09-15T21:17:47Z

Avoid such characters like the plague

quoting
nevent1q…8qfz
I've realized that some people are addicted to chaos. They'll sabotage anything peaceful.
Create problems where there are none. Start fights for no reason. Because drama is all they know. Peace makes them uncomfortable so they destroy it. CREATE MORE PEACE.

We deserve better psyops folks 😂 ...

2026-09-15T21:16:31Z

We deserve better psyops folks 😂

"If the dollar's failure arrives as social chaos, the ...

2026-09-15T21:15:23Z

"If the dollar's failure arrives as social chaos, the state's response to that chaos will likely be martial law, surveillance, capital controls, restrictions on property, CBDCs and even a 21st century version of EO6102. At that point, merely owning Bitcoin is not enough. You need an economy capable of functioning around it, because economic collapse does not remain an abstract problem of bond markets and exchange rates but it eventually becomes a problem of food, housing, employment, property and survival."

quoting
naddr1qq…jcu3

There is something deeply strange about the way Bitcoin is discussed in most circles. An asset created as an alternative to fiat money is routinely celebrated according to how many units of fiat money it can command. Headlines like “Bitcoin reaches a new all-time high” are enough to inspire euphoric celebrations, with analysts across the digital divide publishing increasingly extravagant price targets. They’ll even go as far as to say that $500,000, $1 million or $10 million Bitcoin is inevitable. As if that were not enough, every politician, celebrity, hedge fund manager or central banker that says something vaguely positive about Bitcoin becomes another reason for excitement.

As you can see the entire conversation revolves around one question which is, how high can the price go? This way of thinking is problematic because the number is denominated in fiat. If Bitcoin's fundamental proposition is that fiat money is structurally unsound, then treating the number of fiat units required to purchase one Bitcoin as the ultimate measure of Bitcoin's success is a profound conceptual error.

Price is not value

Value is subjective. Things do not possess some objective quantity of economic value embedded within them waiting to be discovered by a market. Individuals value things according to the ends they believe those things can help them achieve.

Prices emerge from human action and exchange. They are market signals produced by the interaction of subjective valuations, scarcity, preferences, expectations and available information. This distinction matters enormously when thinking about Bitcoin. When someone says, "Bitcoin is worth $100,000," they are not describing an intrinsic property of Bitcoin. They are describing an exchange ratio between Bitcoin and the dollar at a particular moment.

The price tells us how many dollars the marginal buyer is willing to surrender for the marginal unit of Bitcoin, given the circumstances, expectations and alternatives available to participants in that market. The dollar is merely the measuring unit, and yet some Bitcoiners routinely confuse the measurement with the thing being measured. This is particularly dangerous because the monetary unit itself is not constant.

Imagine measuring someone's height with a ruler that shrinks by 5 percent every year. Eventually, everyone would notice that something was wrong with the ruler. Yet when it comes to money, people routinely treat the monetary unit as though it were an immutable yardstick when it’s not. Money is itself an economic good, and its purchasing power is determined by market conditions.

Therefore, when Bitcoin rises from $50,000 to $100,000, several things could be happening simultaneously. Demand for Bitcoin may have increased. Bitcoin may have become more useful to its users. Expectations about its future purchasing power may have changed. The supply of dollars may have expanded. Confidence in the dollar may have weakened. The nominal price cannot tell us which of these forces is responsible by itself. This is why "number go up" is an incomplete description of what is happening.

The denominator matters

Suppose one Bitcoin eventually trades for $1 million, most people would assume that Bitcoin has increased in value, however that conclusion does not follow automatically. The more important question is: What happened to the dollar?

If the purchasing power of the dollar remained broadly stable and Bitcoin could suddenly command $1 million worth of goods and services, then Bitcoin's real purchasing power would indeed have increased dramatically, but if the dollar has undergone a massive loss of purchasing power during the same period, a million-dollar Bitcoin would then mean something very different. The mistake is analogous to looking at a stock market rising in nominal terms during a period of severe currency debasement and concluding that society has necessarily become proportionally wealthier. Nominal numbers can rise while real economic conditions deteriorate. In other words, money is not wealth.

Money facilitates economic calculation, exchange and saving, but printing more monetary units does not magically create more capital, more food, more housing, more energy or more human ingenuity. You cannot manufacture prosperity by manufacturing claims on prosperity, yet this confusion persists everywhere.

When governments increase the quantity of money and financial assets rise people become richer on paper. As asset prices increase, politicos then point to nominal GDP as a measure of exceptional economic performance, but the underlying question remains; What happened to the purchasing power of the monetary unit? This is precisely why Bitcoin's fiat price must be interpreted carefully. A rising BTC/USD price can represent Bitcoin becoming more valuable relative to the dollar, but it can also represent the dollar becoming less valuable relative to scarce assets, and sometimes it represents both.

A higher Bitcoin price may actually be telling you something frightening

A $1 million BTC price would have many people celebrating their newfound wealth, but suppose that this occurs alongside a world in which food, energy, housing and basic necessities have become extraordinarily expensive in dollar terms because confidence in fiat money has deteriorated severely. Whilst Bitcoiners would have preserved their purchasing power the society around them would have collapsed in every meaningful way; with chaos and civil unrest being the likely result.

Would that really be the victory Bitcoiners think it is? If Bitcoin is $1 million but the purchasing power of ordinary people's savings has collapsed, that is not necessarily evidence of a prosperous society. When a monetary system deteriorates badly enough, the consequences eventually appear in the real economy: shortages, unemployment, social instability, political extremism, capital destruction and the erosion of social trust.

This is why the idea that "Bitcoin going to $1 million" as inherently bullish misses the point. The number itself tells us almost nothing about whether humanity is better off. The relevant question is what happened to purchasing power, economic calculation, capital formation and human freedom.

Number go up can become a psychological trap

If people enter Bitcoin solely because they expect the number to rise, Bitcoin becomes psychologically subordinated to fiat. The dollar remains the reference point and remains the unit of account. Ultimately the dollar remains the thing that determines whether Bitcoin has "performed." Thus Bitcoin becomes psychologically defined by the monetary system it was supposed to replace..

This produces a strange phenomenon where someone can spend years "investing in Bitcoin" while never actually changing their relationship with money. They continue earning and saving fiat. They continue measuring their wealth in fiat, while depending upon fiat-denominated institutions. They simply own one additional asset whose fiat price they hope will rise.

There is nothing inherently wrong with profiting from Bitcoin's appreciation but if that is the entirety of the proposition, then we have reduced a monetary revolution to a trade. The bigger opportunity is monetary transformation, where the goal is not merely to have more dollars because you owned Bitcoin but eventually to need fewer dollars because Bitcoin itself has become useful as money. That is a fundamentally different objective that the NgU mentality tends to obscure.

Collapse doesn't reliably produce freedom

Here is the part of the story that most people tend to ignore, which is that economic disorder does not generally make people more committed to individual liberty. More often, it produces the opposite, a state of emergency that comes with demands to “act now” and cries of government intervention from different sections of society..

Argentina's serial currency crises are a great example of this. Each bout of severe inflation was followed not by a spontaneous embrace of sound money, but by capital controls, multiple official exchange rates, import restrictions, and expanding state intervention in the economy. These measures, which ironically did more harm than good, persisted for years and were broadly tolerated by a public more afraid of chaos than of the controls. Greece in 2015 showed a milder version of the same reflex, when bank runs and default fears were met almost immediately with capital controls and withdrawal limits, imposed with public support because the alternative felt worse. Frightened, desperate people facing shortages and collapsing savings do not reliably coordinate their way to more freedom; they hand the state a justification to intervene more, not less.

This isn't a deterministic claim because political institutions, constitutional constraints, and culture all play a role in shaping the final outcome, and collapse doesn't mechanically produce authoritarianism. If the dollar's failure arrives as social chaos, the state's response to that chaos will likely be martial law, surveillance, capital controls, restrictions on property, CBDCs and even a 21st century version of EO6102. At that point, merely owning Bitcoin is not enough. You need an economy capable of functioning around it, because economic collapse does not remain an abstract problem of bond markets and exchange rates. It eventually becomes a problem of food, housing, employment, property and survival.

When money dies, society changes

Adam Fergusson's account of Weimar, Germany in his book When Money Dies describes a society in which the destruction of the monetary unit did not simply make prices inconveniently higher. It transformed economic and social relationships. Goods became more important than nominal money. The distinction between being "wealthy" and being able to obtain food became increasingly meaningless.

By December 1923, one US dollar was worth approximately 4.2 trillion marks, and Germany had been pushed toward a barter-like economy in which goods such as food, fuel and clothing could become more meaningful stores of value than the currency itself. This is the point that is so often lost when inflation is discussed through percentages. Inflation is not fundamentally about numbers on a spreadsheet. It is about the destruction of economic calculation and time preference. Fergusson's account is particularly powerful because it shows the human consequences of monetary collapse rather than merely describing the mechanics.

This is what makes the Bitcoin question so much more important than "number go up." Real wealth comes from production, capital accumulation, entrepreneurship, knowledge, technology and human cooperation, not from the creation of monetary units. Bitcoin cannot manufacture those things for us. What it can do is provide a monetary foundation that does not systematically undermine them through arbitrary monetary manipulation.That is the real promise.The question is not simply whether Bitcoin appreciates against fiat but whether there will already be an alternative monetary infrastructure available when the trust in fiat disappears.

The real Bitcoin insurance policy

Perhaps the best way to understand this is to think of Bitcoin not simply as an investment but as a form of monetary insurance. Insurance is valuable precisely because you purchase it before the disaster. You do not wait until your house is burning to look for a fire policy. Likewise, the rational response to monetary fragility is not to wait until the monetary system is visibly collapsing before learning how to operate outside it.

Build beforehand. That does not require believing that the dollar will collapse tomorrow. It requires recognizing that the cost of building resilience before a crisis is dramatically lower than the cost of constructing it during one and if the extreme scenario never arrives, you have still built a more sovereign, resilient and censorship-resistant economic infrastructure; but if it does arrive, the difference could be enormous.

The $1 million Bitcoin question

This brings us back to the original argument about number go up. If Bitcoin reaches $1 million because fiat has remained relatively stable and Bitcoin has genuinely acquired extraordinary purchasing power, that will be one story. However, if Bitcoin reaches $1 million because the world's major fiat currencies have experienced severe monetary deterioration, it will be another.

Should the latter scenario occur alongside shortages, unemployment, political polarization and civil unrest, then celebrating the BTC/USD exchange rate may be missing the most important story entirely. The real question will be, What have you built that still works? Can you still trade with other human beings without requiring permission from an increasingly desperate state?

A Bitcoin standard should therefore mean more than simply owning Bitcoin. It should mean progressively building economic relationships around Bitcoin itself. That is why building on a Bitcoin standard today matters. Bitcoin's greatest value may not be that it makes its holders rich during the collapse of fiat. Its greatest value may be that it gives society an alternative before the collapse of fiat becomes a social crisis.

The goal should therefore not be to sit patiently waiting for the dollar price of Bitcoin to validate the thesis but to build the alternative while the old system still has enough stability to support its construction. The people who would have spent years building Bitcoin-native businesses, payment networks, communities and economic relationships will be in a fundamentally different position from those who merely accumulated Bitcoin and waited for the price to rise. The former would have built a functional economy while the latter would have merely accumulated a position on a price chart, with nothing in self custody.

Makes sense but the point is that the number doesn't tell you ...

2026-09-15T21:05:55Z

In reply to nevent1q…34sm
_________________________

Makes sense but the point is that the number doesn't tell you much on its own and we both know that it's going to overally go up as the printers continue going brrr. The question is outside of the number have you built up a life/infrastructure that will thrive in the aftermath of a collapse? That's more important

I couldn't agree more 🤝 #nevent1q…kfck

2026-09-15T02:54:35Z

I couldn't agree more 🤝

quoting
nevent1q…kfck
This is " Bitcoin 101". So simple. Yet so hard for many to grasp
nevent1q…85e6

If you are new here, like you have been for a month or less, ...

2026-09-15T02:53:47Z

If you are new here, like you have been for a month or less, please introduce yourself below, I want to follow you. Including you @sovsofia 😉

quoting
nevent1q…de0m
So many new people on nostr that joined recently and I feel like I am missing out 😅

How do you even discover them?

Didn't I tell y'all that 2026 is Monero's year? Wait ...

2026-09-15T02:45:18Z

Didn't I tell y'all that 2026 is Monero's year? Wait and see then

quoting
nevent1q…rq2c
Music Video - Monero in the Blindspot

Use headphones or subwoofer for bass otherwise go back to lightning....

#xmr #monero

Now that's what I call music! Monero for the win 🔥🔥😁

2026-09-15T02:44:25Z

In reply to nevent1q…tp74
_________________________

Now that's what I call music! Monero for the win 🔥🔥😁

So so surprised

2026-09-15T02:43:20Z

In reply to nevent1q…6lw5
_________________________

So so surprised

💯🎯

2026-09-15T02:42:28Z

In reply to nevent1q…d433
_________________________

💯🎯

You and me both 🤝🙌🏻

2026-09-15T02:42:08Z

In reply to nevent1q…yw6c
_________________________

You and me both 🤝🙌🏻

This is spot on true! 👏🏻👏🏻

2026-09-14T16:09:49Z

In reply to nevent1q…es8p
_________________________

This is spot on true! 👏🏻👏🏻

I don't know how he does it, but he seems to have a knack for ...

2026-09-14T15:43:15Z

I don't know how he does it, but he seems to have a knack for getting stuff somewhat right and very wrong all in one post 😪😂

I wouldn't say they are winning but they have definitely made ...

2026-09-13T08:59:09Z

In reply to nevent1q…rj8v
_________________________

I wouldn't say they are winning but they have definitely made some good punches with little counters

Is it the price of streaming going up, or it's the indirect ...

2026-09-13T08:57:35Z

In reply to nevent1q…zxcj
_________________________

Is it the price of streaming going up, or it's the indirect tax we all get to pay for these SV tech companies who are taxed up to their eyeballs

This guy is a Charlatan

2026-09-13T08:55:46Z

In reply to nevent1q…zkk9
_________________________

This guy is a Charlatan