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Posted this gif after someone sent me a link to a "news" article claiming I'm resigning and leaving OCEAN ... and it even set a date for it! 😂 Always weird finding out things about yourself in the news first! Anyway, fake news. Run Knots. Run DATUM. Save Bitcoin. ✊🏻

An entire percent in a few days. Dang 👏 👏 👏

I think, much confusion would be avoided if for “capital good” the word: • equipment were used. The literature mixes again and again capital with capital goods; they are not the same.

“whether a given increase in population at any time will lead to an increase or decrease in real output per head is an empirical question, depending on the concrete data. It cannot be answered by economic theory.” Murray N. Rothbard Man, Economy and State

This change suggests that financial products offer greater returns (even as only co-branded) than the airline's core product (flight). Because money is cheap and abundant; flying airplanes is expensive and difficult. One could of course argue it's short-sighted to cut the core...

#Management “"Management" is hired by the owners or owner to direct production; managers are supposed to obey the orders of their superiors-something they consent to do as part of the terms of their employment.” Murray N. Rothbard Man, Economy and State

#Labor “"labor" is a category that includes a myriad variety of services. Generally, labor is the [allocation] of pure human energy on a production process. Catallactically, labor is hired by entrepreneurs.” Murray N. Rothbard Man, Economy and State

The OP speaks to Saifedean Ammous's point about the fiat economy.

Hegemonic vs. Catallactic terms. • Dominance / Dominant -> Hegemonic • Pre-eminence / Pre-eminent -> Catallactic P.S.: • Prominent: noticeable, well-known, or important (but not necessarily the best or first) • Pre-eminent: surpassing all others, the very best in a field

Sound economics is based on the realization that all means are scarce and that we thus must economize in our quest to remove felt uneasiness.

The main difference between intellectual property and other government-granted monopolies is the mysticism that proponents of the former rely on, including a labor theory of value.

People need to stop trying to dress up attacks on Bitcoin as "debates". That implies there are two legitimate "sides". There is no "debate" around OP_RETURN. There is an attack, and it must be fought.