86
Macrobius 1y ago

Responding to:

https://thephora.net/phoranova/index.php?threads/forums-are-coming-back.1620/#post-16327

>I don't use credit card at all, and I'm not about to use my debit card online for anything, I usually just buy a gift card to cover anything I buy online, so I have no idea how to donate to sites or offer donations. Will gift cards work on something like PayPal or its equivalent?

All social media in the last two years is evolving towards using 'Lightening Network' (a layer 2 network on

Tweeter does this, and so does Nostr (Jack Dorsey).

It's 'so new even my Xillennials don't know about it... I'll eventually put up a thread. Given money to dissident forums puts you in 'terrorist financing'

tl;dr - all workable solutions available so far are based on Muslim and Silk Road concepts, specifically Hawala/Hawaladar type financing. I first wrote about this in the Aughties

https://whigdev.com/white/index.php?threads/digital-banking-for-wns-2007.2375/

This was about the Effective Altruism version of RipplePay (predecessor network of XRP today), not BTC, but I did BTC soon their after. (back when I adminned SI and TBB)

Any White Nationalists who took my advice could have bot into BTC when it was 14 USD a coin. @Todd in FL

FWIW, @KIA Soul we have social media with a gofundme feature in the Crust already, but it's not 'hooked up' and part of this discussion will be deciding how to do that.

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86
Macrobius 1y ago

I suppose having a 'gift shop' with grossly over-priced do daddles would work, but then you have to get a vendor number with the credit card companies, I guess.

#crustr

The bottom line in the economics is not actually how do you set up the network, but how do you CLEAR

In the Atlantic Alliance, your choices for networks are fine, but in the end, if people want to buy food to eat, they need a 'checking account that can clear' somewhere. ('Legal Tinder for All Debts' and if you are in 'business' you are required to accept them -- note that post Lincoln catch that)

Let's see how eurodollars work -- you live in NYC and bank with Chase say, but then one day you move to Londinium (are you listening [USER=11]@clefty[/USER]) ... and you want your NYC money to work in London. So you do the Eurodollar dance. You find a corresponding bank in London, that has ties to your NYC money. Wall Street and Threadneedle Street... can we talk?

So fine, they give you a dollar denominated 'reserve currency' or 'eurodollar' account with your dollars in it and you spend away... ah but how does that work in the Imperial America age eh? Eurodollars are printed by banks in Europe, the same way American banks print Fedbux.

Answer, that bank has a corresponding bank *IN NEW YORK* that can clear for them. Now being a eurodollar bank, they can print money same as any bank in America... yet how does that CLEAR THE FED in NYC? Ah, White Nationalists... listen up to this part. Without that clearing bank in NYC, the USD is useless abroad. I'm saying 'eurodollars' here which is the 70s name, but could say 'petrodollars' if I wished to put an ME spin on it.

Only about half the USD in the world are 'printed' by the Fed and its American banks ('internal money') and the other half is printed by Londinium as part of the Atlantic Alliance (and you wonder why we are fighting in the Ukraine and Middle East... look no further, Sons of Roths). The Fed deals with both high powered and internal money, and the external money printed by banks (both internally *and* externally... Crap.)

So the way your 'check' 'clears' is it goes through the same US based clearing system as inside dollars. Ruh-Roh.

That means the Fed controls half the worlds money supply, but as a reserve currency is the 'LENDER OF LAST RESORT' for Eurodollars too, or the Global economy collapses so of course it doesn't.

Londinium has us by the Morgan balls.

Fuck.

Your move, White Man.