Anthony Ostrander (@anthonyost3) 's Twitter Profile
Anthony Ostrander

@anthonyost3

low time preference lifestyle 🟠

ID: 1518914942656823296

linkhttp://www.thesatoshistudio.com calendar_today26-04-2022 11:28:47

262 Tweet

201 Followers

863 Following

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Bitcoin restores the ability to work and save rather than gambling your hard earned money in the stock market just to keep up with inflation.

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As Saifedean Ammous brilliantly explains in The Bitcoin Standard: when your currency loses 3-4% yearly, saving becomes mathematically irrational. Prudence (the cardinal virtue that orders all the others) requires a future worth saving for. Fiat severs that link. The result? You get a

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Catholic priests at the University of Salamanca worked out the foundations of Austrian Economics in the 1500s. Subjective value. Quantity theory of money. Currency debasement as theft from every citizen. All of it grounded in Aquinas and natural law — not in "the science of

Catholic priests at the University of Salamanca worked out the foundations of Austrian Economics in the 1500s.

Subjective value. Quantity theory of money. Currency debasement as theft from every citizen.

All of it grounded in Aquinas and natural law — not in "the science of
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$1.60 per hour was minimum wage in 1971 That’s 1.82 ounces of gold per week That’s today’s equivalent of about $8000 a week. Let that sink in.

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When the money supply is growing by 5% per year an investment that is losing 3% per year looks like its gaining 2% per year. This is why we have such massive misallocations of capital.

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I believe in one God, the Father almighty, maker of heaven and earth, of all things visible and invisible. I believe in one Lord Jesus Christ, the Only Begotten Son of God, born of the Father before all ages. God from God, Light from Light, true God from true God, begotten, not

I believe in one God,
the Father almighty,
maker of heaven and earth,
of all things visible and invisible.

I believe in one Lord Jesus Christ,
the Only Begotten Son of God,
born of the Father before all ages.
God from God, Light from Light,
true God from true God,
begotten, not