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2 hours ago•••
Nostr is a gold mine for like-minded brilliant fucking people
Very powerful.
5 hours ago•••
In theory, notes could post and sats could zap a hundred years or more into the future from this npub.
19 hours ago•••
Another question for ya
What's one tip you'd give to someone who's somewhat new to nostr?
What are your nostr secrets?
Good replies will get a zap and get a shoutout on the show this morning!
#asknostr #gm #coffeechain
19 hours ago•••
Good morning nostr 👑
Question for ya
What have you implemented that has had the biggest impact on your health - either mental, physical, or both?
We gotta live long enough to enjoy our great decisions made in bitcoin
19 hours ago•••
So many are yearning for an open internet who have no clue nostr exists… yet
31 hours ago•••
@npub1sk7...jraw has been on fire this past week. Nothing beats taking down a pod on the way to the fiat mines and another on the way home. 👊🫂⚡️
33 hours ago•••
The most important part of bitcoin that hardly anyone talks about...
294 days ago•••
4/20 day (and the halving and full moon) is next weekend.
the universe is aligning
303 days ago•••
#Bitcoin is rules without rulers
303 days ago•••
Auto-assigned seat 21A while I was doing a pre-flight #Bitcoin stack.
The universe is responding 🍄
303 days ago•••
Time to dump all the bcash and bsv shitcoins from my 10 year old paper wallets.
Pre halving stack
304 days ago•••
Fiat is a disease and #Bitcoin is the cure.
A thread from rajatsonifnance on X (I wish I can zap that, but anyone who zaps this I will donate the fiat equivalent to charity (temples / Homeless in Bangkok and Chiang Mai over the next 2 weeks, with photos if they consent to it)
- Fiat currencies are a way to steal from the general public.
- When the general public starts figuring it out, nobody wants to hold the currency and inflation starts rising.
- Every jurisdiction has its own currency because each government wants to extract its share of value.
- The buying power of fiat currencies is based on trust in a government or central authority.
- If that central authority chooses to create more currency, buying power is diluted and moved to the newly issued units.
- This means your money buys fewer things over time.
- Fiat currencies force everyone to invest just to keep up. (If you're not investing your wealth is being stolen)
- This is what happens when one central authority has so much power over the rest of the world.
- The Federal Reserve can create dollars for free while everyone else has to work for them.
- The US Dollar is the world reserve currency.
- The Fed has some authority over EVERYONE.
- The cost of living didn't start rapidly increasing until the world went off the gold standard in 1971.
- This is when the US officially defaulted on a loan for the first time.
- After 1971, the US dollar became fake money because it was no longer backed by gold.
- As a result, the US government can spend as many dollars as it wants without having to think about opportunity costs - it can just borrow as much as it wants at cheap rates.
- The Federal Reserve, the US central bank, buys US government bonds when nobody else wants to buy them.
- This means the US government has a blank check.
- If it wants to, it can easily fund things like bailouts for companies that are considered "too big to fail" and systematically important, or wars when it chooses.
- When governments can manipulate the money supply and favor certain companies, they don't allow the weak companies to be washed out of the system.
- All banks are insolvent.
- They would be bankrupt today if they weren't able to continue borrowing more money.
- The fiat system is designed to let banks extract wealth from the little guy forever - banks can keep borrowing as much as they want as long as we trust fiat currencies.
- A fiat currency system with fake money and no opportunity cost allows people to make bad decisions and recover from them without having to pay for their mistakes.
- All of this ends with the middle and lower class getting poorer and the upper class getting richer.
- Costs of necessities like homes have been increasing dramatically because of the availability of mortgages.
- Banks can continuously create more money by issuing debt because they know they'll be bailed out if something goes wrong.
- The people who understand the system take advantage by borrowing money and buying more homes than they need.
- The people who support the fiat currency system are the ones who benefit from it. You are their cash flow.
TLDR; Break the cycle and End the Fed
304 days ago•••
one of the few reasons why im hanging on to my iOS device - @npub1at0...wshk
306 days ago•••
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