"Alcohol used to cost a lot; now it costs a lot less; soon it'll seem like it costs next to nothing..."
Somehow I don't think alcoholics react to a marshmallow test like typical people who exhibit patience for a bigger reward 🤣
The headline is literally a perfect description of the words in the words "release date is still unknown" in the article
You got the words "release" and "date" in there
And you got more words too, like "is" "still" and "unknown"
🤣
Schools of theories of money are more like theories in physics than like tribes in cultures.
They're lenses that give a view of the thing with varying degrees of overlapping incompleteness. We work to unite as many such lenses/schools/theories as we can to get as unified & clear a view as possible.
It's a perpetual endeavor; there is no conceivable end state besides omniscience, and we make many missteps along the way.
Whatever brand of gloves you wear around the house, get that brand of footwear 😏
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Very rewarding. I'm without a doubt fascinated by bitcoin more than nearly anything else, but I feel like my life (and my customers, and society at large) would all be taking a loss if I left my fiat work. Being in demand, good at what I do, enjoying what I do, doing socially positive work, and earning fair income helps 😎
Swings a pocket watch in front of 12 words 🤣
nostr:nevent1qqsvm68dezkuxcky8lsfk4xxeyz89mv37wufm9txg8d7x7z5j5d8z9cpz4mhxue69uhkummnw3ezummcw3ezuer9wchsygycp506v3sds9795djqm2a4u7rz2wfd0lsq7gwj2m4fvcdu7m3vqspsgqqqqqqssnwktq
Think in terms of debt.
Argentina are big spenders (money printers), but they pay off their debt (meaning, they suffer the social costs of their money printing) more frequently.
The US are also big spenders but to a much lesser degree, however, america carries forward their social costs for decades, adding interest all along the way
An inevitable blowoff in the US is far more catastrophic than an inevitable blowoff in argentina
Americas success was only a sort of drunken success. Where Argentina drinks, detoxes, resets, and suffers periodic hangovers, America drinks all the time, never has hangovers, "seems" happy and well...until one day when Argentina is going about their routine, and Americas liver fails.
It's dawn right now. Dinner for our Christmas barbeque takes 2 hours to prepare so I was going to start cooking approximately 5 months from now...but fuck it, I'll start it right now!
However we encrypted things the last time we chatted. If we've never chatted, then I'll encrypt it however we diacussed when we exchanged keys.
If we never met and never exchanged keys and I'm just assuming I have the right one...Idunno...blind PGP I guess?
Literacy of Ideas --> Language/Communication
Literacy of Nature --> Math/Science
Literacy of Human Actions --> Money/Economics
We give public education in the US 13 years to fully cover literacies in these three areas which every member of a society necessarily interacts with in daily life with very few exceptions
Currently, we cover the first one...poorly. The second one we cover even worse; it's how we normalized the "I'm not a math person" mentality. And the third one, we don't cover at all 🙄😔
The end result is that most people were never fully taught & don't understand how to live a sane, balanced, normal life, and many must be continuously told what to think & how to behave throughout their adulthood.
nostr:nevent1qqswm9ntvkwf37ek0e0nsyc50ge4vv2av0j7hzwf2ryqvcs4utdfgjcpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsygrvgfsxwnr9xk0fytan2ndvn584rfcl4y4q3shpmrw37q5z7pvrmqpsgqqqqqqsrxkqkg
Tailscale with headscale & a private DERP server, so my setup isn't as performant as tailscale dot com, but for my family & friends workload it's more than fine speedwise and it's solidly reliable 👍
Literacy of Ideas --> Language/Communication
Literacy of Nature --> Math/Science
Literacy of Human Actions --> Money/Economics
We give public education in the US 13 years to fully cover literacies in these three areas which every member of a society necessarily interacts with in daily life with very few exceptions
Currently, we cover the first one...poorly. The second one we cover even worse; it's how we normalized the "I'm not a math person" mentality. And the third one, we don't cover at all 🙄😔
The end result is that most people were never fully taught & don't understand how to live a sane, balanced, normal life, and many must be continuously told what to think & how to behave throughout their adulthood.
nostr:nevent1qqswm9ntvkwf37ek0e0nsyc50ge4vv2av0j7hzwf2ryqvcs4utdfgjcpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsygrvgfsxwnr9xk0fytan2ndvn584rfcl4y4q3shpmrw37q5z7pvrmqpsgqqqqqqsrxkqkg
The trust was established and maintained in an impersonal, anonymous way? Senders and receivers didn't need to enter/exit the hawala system face to face?
Hawaladars don't issue bearer instruments afaik. The notes exchanged in a hawala system were in fact redeemable only by named parties or delegates satisfying other terms too like a secret, who would need to interact fave to face in order to receive & collect money without needing to move any money between regions (necessarily, or yet). Hawaladars enter the system through personal connections and lineage; you can't just sign up with a gmail account & build reputation
...or maybe you can and I'm misinformed about hawala? I've never used it. Surely other financial systems use bearer instruments vs promissory notes, but you mentioned hawala 🤷♂️
Okay, I learned that hawaladars don't care *who* redeems their notes for local money at the receiving end. I thought their notes were more like modern bank checks that could be redeemed only by the named payee. But I guess hawaladars have a secure secret sharing system! Interesting that an honor system like that survives so long at the local exit points though
The industry may or may not realize this, but many now-former viewers simply left the space after the hard fork and won't ever come back
nostr:nevent1qqsg7y4skastc0t9xuts0ehaxtnz0lctqk3axxea0vlve7paczs50psppemhxue69uhkummn9ekx7mp0qgsgyyqq26d8yrsx6mfypynpf5whmdpw3znnekhllmvnslpduxvq38crqsqqqqqpqjh2wh
"Shoot me in the ear, but not in the head please" is not a thing people actually say in real life. Not sure he was shot at all, but still.
nostr:nevent1qqsxqls2a7zkstpp4qcj4kv3kqpfp82qgvxe0lp6c5c086lvpz557nspz4mhxue69uhkummnw3ezummcw3ezuer9wchsyg8vn8ku24n7q2q4lv2syq59utag8yynrnklt8yr66ajchmwu9fshypsgqqqqqqsl6xy62
...or anyone else for that matter 😎
nostr:nevent1qqsd02d9wt7cjxnvu5x25gl97k3sj4hyvv2tnckj3n9mftsf2jqyxsgppemhxue69uhkummn9ekx7mp0qgsdgvut0sesvjgulh65j9x3554cp2t9dp0hxcf3r6h9704078fr5kcrqsqqqqqpu8zhz6
Even sky rats know how to get down!
nostr:nevent1qqsyv5avzxje93v9sk38p5xm07t98d9htcn0ufgrxzaj7cnn8hhrmpqppemhxue69uhkummn9ekx7mp0qgsytv64y8p39fw6fsj4sup66jlr6tndprypy4g4znr6r6m6khaq7pqrqsqqqqqpg6cws2
Keynesians like modernists aren't all wrong, they're just retarded/handicapped for excluding vast parts of the cumulative sum of knowledge in their respective fields for the most recent bits.
It would be like quantum physicists rejecting Einsteins (provable) theory of relativity that came prior, rather than trying to unify the two ideologies, as they've spent the late 20th century to the present working towards
Let's find another phrase than "waste of energy" for "things we prefer don't happen" if we want to make a point without the shroud of absurdity around it
"The only difference between a [regime credit] and [gold] is that I have to store the latter. That's friction, not signal.
[Credits] from your [preferred regime] and [gold] have the exact same value until the numbers get large"
Modern fiat slavery in a nutshell!
nostr:nevent1qqs8jht4raatp7nd8cv9xvalx9de4cd36g2t7lw29lppax47uy8627gppemhxue69uhkummn9ekx7mp0qgs897t425q7rfzxfae80krpyrm8ulm7cw5yaa5p8nrkq6l4uzrslucrqsqqqqqpuesya5
"The only difference between a [regime credit] and [gold] is that I have to store the latter. That's friction, not signal.
[Credits] from your [preferred regime] and [gold] have the exact same value until the numbers get large"
Modern fiat slavery in a nutshell!
nostr:nevent1qqs8jht4raatp7nd8cv9xvalx9de4cd36g2t7lw29lppax47uy8627gppemhxue69uhkummn9ekx7mp0qgs897t425q7rfzxfae80krpyrm8ulm7cw5yaa5p8nrkq6l4uzrslucrqsqqqqqpuesya5
This is the answer btw. Some take 30 seconds to load; some videos are unplayable.
I figure if the content was important, someone somewhere would have compressed it by now, so I just move on
Well if you're only seeing it in one place and you care about important things, you're either not properly connecting to the right social graph...or it's not important.
Give more trust to purple checks that own the whole domain & non-purple checks.
Give less trust to purple checks printed by a "provider" (alby etc)
nostr:nevent1qqsyx6ndxwy46eldhh7ajevvcgewwqw8c3e5llplvj09xg78r0uchkcpzpmhxue69uhkummnw3ezumt0d5hsygxk0xc0fj2ggvrhxqwfypyqe8f095fvn7ndzq6juy6wk8qgy2dvngpsgqqqqqqsqny23p
#AnalysisParalysis from a users perspective
Ideally the design gives a perfect mental map to the user about how they should use your tool, so a user doesn't need to consciously think about anything
"Money was never part of the social agreement" sounds like a nice idea in a theortical community untopia, but humanity scaled beyond that many centuries ago 🤣
"It's never lupus"
nostr:nevent1qqstm0ssze8wh6hf7jcpm0zcj4udm747s7tjagljw7nlgnu98znp3tsppemhxue69uhkummn9ekx7mp0qgsfexztjz4sq05j972pv5h3s9w0gaqvay7z2lfdz5nxlmk3v4fwx6qrqsqqqqqptxunsm
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