Don't forget this was pushed by the same media that's "not inciting violence" on a political opponent.
It's a media brainwashed cult and they are extremely dangerous.
Tired the Murph workout for the first time last weekend. Totally kicked my ass; you should give it a try. It was humbling. I don't think too highly of cross fit but this is the real deal.
https://www.crossfit.com/heroes/murph-workout
It's insane to see. The West seems hellbent on making their nations completely broke. The global south will be the beneficiary.
This not anything anyone has a chance at stopping. It's already too late.
To be fair I think Chris is trying to get on the right side of history. Not an apologist for him and I think he's pretty culpable. Just impressed to see his mental shifts the past year or so. Don Lemon will be coming around next.
Saylors point of "the govt will never let JPM fail, so you can deposit bitcoin with them" is moot.
The banks have already failed, they have already defaulted; so has the government. The banks hold all the underwater treasuries. They may be the most incapable and insolvent entity to deposit anything with.
FAANG get an excess of so many shitty currency units they buy their own stock with it because they don't know what else to do.
Tell me again how prices reflect value? How the dollar reflects value?
Man, some of you really let your schooling get in the way of your education and it shows.
If you have not picked up a text book since high school or uni you're probably doing it wrong.
Most of the "advancement" in our economy the past 20yrs has been how to better sell shit people. Most of this "AI" being paraded around will spend enormous amounts of energy to build a linear regression model on how to make you buy another $5 worth of shit online.
We're so advanced.
They make songs and jingles for fucking pharmaceutical products and call it "medicine" lmao
Good medicine need no advertisement.
Ever seen an advertisement for penicillin? No. Because there is no money in it and it works. It needs no jingle.
Dollars to bitcoin is a FAKE exchange rate.
Closest market we can comprehend would be something like a kW/h - BTC exchange rate. The world is not ready for that.
Imagine running on a treadmill for an hour for like 10 sats.
Market actors transact every micro second at prices, and prices reflect scarcity of a product where exponentially more purchasing units are created globally everyday.
The s&p or Bitcoin does not represent value of all the companies or value of satoshis; it represents a savings rate of all the currency units in the system. It has nothing to do with supply/demand, it's simply a reflection of the system. Market cap of all companies go up when there are more currency units in the system.
The bitcoin price is fake because we're using the wrong measuring post from which to measure. It's like asking "how far is it to the moon?" and saying "it's 300 calories". The units of measurement are completely wrong.
I don't hate the dollar or any fiat system, it's just it's design. It's like being mad at the wind for blowing.
lmaoo you realize market cap = share outstanding * price ?? We can and do manipulate both ends of that equation. Price is directly correlated to destruction/creation of shares in addition to creation destruction of currency units.
Let me reiterate for you the market price for bitcoin is FAKE. We don't have a market for this. It's not possible to measure the system from within the system. Take some time with physics and or finance and get back to me. This is easy stuff.
I think that's the natural state. Lower fees are good for users. My contrary opinion is that fees will go down over time. Lots talk about UTXO consolidation because they think fees will be way higher in the future.
Depends on what you're fishing for, I did a lot of bass fishing in my younger years so I'm biased towards that.
Open face reel would be easiest, bobber hook night crawler worms-nothing wrong with keeping it simple.
Bait casters are the best long term but have a pretty steep and frustrating learning curve. You're going to have to put some time and practice to learn them. If you do go the bait caster route starting with a thicker nylon ice fishing line to learn helps with untangling the inevitable backlashes. Can't really do bobber fishing on them.
My favorite setup for bass is bait caster with monofilament (plastic line) backing to fill the spool then a braid line tied into the mono. Can fill the spool with braid but it's more expensive. Don't go crazy with spending money on fancy line, usually cabelas / bass pro shops have some store brand braid that is good enough. Braided line helps you feel the fish / lure better and is more sensitive because it does not stretch like monofilament.
Shamano or abu Garcia have been making good reels forever.
The best go-to catch anything bait for bass fishing is a black or dark green plastic worm called a Senko, Gary Yamamoto was the original maker but most brands make them now. Wacky rig with a 3/0 offset hook. Every bass fisherman has them. Top water baits are also very fun and entertaining to catch fish on. Nothing more fun than a top water strike. Usually used a chug bug/popper or jitterbug and occasional frog.
If you're more into trout/pan fish I would suggest an open face reel, lighter line and shorter rod. A small in-line spinner bait brand called Mepps was a good go to. Hard to beat a bobber and worm for pan fish.
Bigger fish like musky or pike you would usually use heavier line with a steel leader because they have teeth, bait caster, and heavier longer rod. Usually love larger spin baits, buzz baits or spoons.
Baits; generally go for something that "match the hatch" meaning it matches the smaller spawn bait fish that the bigger fish are eating. Usually the boring colors get fish and the fancy colors get the humans (to buy them). Greens, blacks, browns, gray, dark blue. If you have really muddy / cloudy / highly turbid water then you can use the neons/hot pinks etc.
Finishing this now and just realized you may be looking for ocean fishing tips and I have zero clue about that! Hope this helps and happy fishing!
Forgot to add 6" senko worms for the bass.
About a 6-10" - 7ft medium action rod for normal bass casual stuff. Shorter light rods for pan fish. 7ft heavy rod for the musky and pikes.
That looks like a great place to start. Watch some YouTube videos on baitcasters, certainly a bit of an art to it. You will be casting a mile in no time! Excited for you!
After listening to this again Saif mops the floor here.
Bitcoin increasing in purchasing power is better than any yield. I hope one day JPM does offer a yield product just to see how many people bite. Why so we need a bank to custody #Bitcoin? And if we do why do we have a blockchain in the first place?
Where does the yield come from!?
The only way I see anyone being able to offer yield on corn is if the company/bank/govt issuing the yield has control of a sustainable energy source and are able to mine the corn for cheaper than the value of the corn.
That's a very high hurdle rate and I don't think any of the current public miners are achieving that now. It's possible but very difficult. A bank in metro New York definitely is not creating that value. It's going to be some stranded energy source in a desolate area generating electricity for basically free.
Oddbean new post about login | logout
Notes by bitbybit | export