Saturday, February 20, 2021

PorcFest 2021 [XVIII] (Mon-Sun Jun 21-27)

The Porcupine Freedom Festival -- the only libertarian festival to defy the government lockup of 2020 -- will be taking place on the third week of June, Jun 21, 2021 - Jun 27, 2021.

We'll have our typical great lineup of national speakers, but this year we'll be emphasizing building our porcupine community, as we spread the focus of the festival to you, the attendees. Attendees will be organizing lounges, and venues, and speeches, and workshops, and villages, and vending, and food, and services all throughout the campground, on a wide variety of liberty themes.

Details: The festival starts with you getting situated on Monday and meeting new and old friends. Tuesday features get-to-know-you events, as attendees, vendors, speakers, lounges, and venues introduce themselves to one another. By Wednesday we're going strong with talks and discussions and activities. This year on Wed night, our big show will feature the SoHo Forum, breaking out of of NYC to PorcFest, led by the insuppressible Gene Epstein and pitting Bitcoin against Fiat as the future of money. Thursday will cap off with a liberty comedy night with libertarian comedians. Friday night will feature dances and music, as well as parties, and Saturday will be our traditional cappers of a community pig roast, with our big contest one of you will be crowned Soap Box Idol for your three minute rant of an authoritarian insult of your choice, followed by the burning of the Porcupine.

For planning and coordinating join our brainstorming group "PorcFest Plans" on FB.

More Info: https://porcfest.com


Are there any major events this year that will most likely change the value of bitcoin?

Curious to know


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PSA you can buy stuff using LN without spending your BTC

I read a lot of comments that basically say, “No one wants to spend their BTC… so asking to pay with it or LN is a stupid suggestion.” Or, “buying with BTC is a taxable event…”

Look up Strike by Zap. You can pay with your fiat using LN. It is a non-taxable transaction and you do not spend any of your BTC. It’s also great for retailers that accept LN payment because they can avoid the 1-3% merchant fees. It took me a few moments for me to originally understand this, so let me repeat: you can use the Lightning Network to buy stuff using your fiat.

Yes, I realize it’s just as easy to buy stuff with your credit card. But, asking a retailer if they accept Bitcoin is not a stupid question. It actually may help them to save money. Or, better yet, they may give you 1-3% off since LN avoids the credit card fee that merchants have to pay. Add to that that merchants won’t have to deal with charge back fees that happen with credit cards. Honestly, LN would be a huge win for retailers. Oh yeah, and the more that retailers accept it, the more your BTC will increase in value. The only people losing out are credit card companies.

So, please, before you crap on people that want to pay for stuff with BTC please realize that Strike exists. Also, there are crazy people out there that live 99% off BTC. I would imagine that these folks would love it if more people accepted BTC/LN.

May BTC shine down upon you.


Anyone have a thesis on what the road map for bitcoin would look like?

This is not about price but adoption. I like to discuss how you think bitcoin will be utilized 5-10 years from now? When the institutions buy in. What changes will that bring to how bitcoin is utilized?

I like to discuss what events you think will happen between now and after "When the world has bought in and uses it as a savings account"


What is the biggest risk to this bull market?

I think a liquidity crisis in the traditional markets is the biggest risk to the bull market right now. If we see an event like what happened in March of 2020 there is going to be a complete wash out in bitcoin as all the institutions derisk and deleverage their portfolios.

Are there any other things you could see stopping this bull market?


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