In upcoming broadcasts, can you cover Ocean, and it's role in the competition for scarce block space, aligning hashrate with the monetary use case for the network (versus bigger pools, whose incentives diverge)?
https://www.wired.com/2011/11/mf-bitcoin/
It is wild to go back and read the 2011 Wired Magazine article on #bitcoin. Well written and researched. A dozen years later many still don't get it.
Austrian economics puts focus on the individual, versus big business (Chicago) or government (Keynesian).
nostr:nevent1qqsxht40skp5dp4pr9xv7uq5gvqgczshx4km833c8ccsn92gh77vq9cpzpmhxue69uhkummnw3ezuamfdejsygxy3c5lqj6g9nqpeg0ea7xgdmurrrq9nc8fx5er2930pq8jdc2vzypsgqqqqqqs38eahe
Most people's minds are blown when they realize that S&P 500 largely just acts as a volatile hedge to monetary inflation, which is also volatile.
nostr:nevent1qqs2jjl8s9kr80hj65mazdhmjz592lvefj0qswsvunu4ngwtups434gpz4mhxue69uhk2er9dchxummnw3ezumrpdejqygx6kmrqvhzrnwd6lv9s78l45rrgyuauuhqetxjptzkk5uy9rag8kcpsgqqqqqqs0527xl
Thanks for the great update. One thought: more nostr, less X, please. Make it a New Years resolution. You don't need the walled garden. Trust in decentralization.
Paraphrase, "Hi, my name is ODell, the Suits stole my Dream and that of our generation. Fuck you. We're not playing your fucking game."
Freaks unite. Stack big, stack hard, stack long.
Carla and Walker illustrate the success which comes from honesty and trust -- in themselves, each other, and then the world. Thanks for the share, and #hope.
No one said it would be smooth or easy.
nostr:nevent1qqsva4kmdzzucdz4j9h9wnsszvmturmcgrthedxrzldx8m7jhtrx7zcpp4mhxue69uhkummn9ekx7mqzyqtssxal7zx5cgwumj2w2k6vkfyegw446c0kax5k9vlgdctdrkf36qcyqqqqqqgpl3jh6
Anyone else watching the Yen, as USD keeps consolidating just below 150 Yen?
Is it me, or does it feel like a pressure cooker, as the cumulative effects of massive monetary distortion rage beneath the surface on central planning?
When does it crack, and when does the BOJ lose complete control? Contagion?
I watched a documentary on the dot-com era, during which Greenspan failed to raise rates fast enough and popularized the "Greenspan put".
The film noted that the mood through the late 1990s reflected confidence and clarity for the future. And when it ended, the fog revealed itself and the prior optimism showed itself as nothing more than a "mirage of wealth without work."
Bitcoiners know work is required for wealth. We know fiat is a mirage, nothing more than an "internal reflection." It is not real, and doesn't last. The physical world and Mother Nature reveal themselves eventually.
#bitcoin
I'm not sure they are this smart but, if the US was concerned about de-dollarization, it would gain a lot from using its vast and stranded energy resources, together with technical and manufacturing capability, to mine and accumulate bitcoin as a matter of national security ASAP. It could publicly support the dollar, but privately prepare for its fall.
You know, it is really easy to post on nostr, laugh at memes, and utilize bitcoin as a hedge against monetary abundance. First world problems.
But, when you meet people who are truly relying on bitcoin as a bank, and using it for remittance, and relying on it for their futures, it is truly humbling.
In the first world, bitcoin is an investment. In the developing world, it is a basic need.
I am so proud to be part of this movement. Stay humble, stack sats.
#bitcoin
Never underestimate society's acceptance of corruption, betrayal and manipulation in the name of convenience.
But, once you see the truth, you can't unsee it.
#Nostr is truth, and is sucking us all down the rabbit hole.
"...Federal Reserve officials have gone out of their way to talk down the likelihood of another hike, largely because the bond market has been doing the central bank's work for it."
-Nicholaa Jasinski, Senior Writer at Barron's, in this week's magazine
Suggesring the bond market is doing the work for the Fed, is like saying the puppet is doing the work for the puppeteer. But, God forbid MSM properly report cause and effect, or criticize the Fed for breaking the market across its knee.
(Hey, Nicholas, a bit of advice. You are young, 5 years out of school. Get out now, before you lose your soul. Protect yourself, and your future, while you still can. Because writing this type of dribble for Barrons hurts you and does not help.)
You were born into a monetary prison, designed to sap your time and energy, to serve the ruling class. Those that play the game well are rewarded with relatively more. Those that don't, receive less and suffer greater enslavement.
These All In guys are so conflicted, it blinds them. They love centralized control. It starts with the money system based on inflation, which necessitates investment risk taking to store value, which plays right into the supposed "alpha" they sell investors. They don't want a decentralized world, because the leverage and debt on which they thrive would disappear when people abandon soft money. These blowhards would be nothing but loudmouth plebs, not billionaires able to flaunt their wealth and privilege, feeding their egos and bank accounts, weekly.
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