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samuel
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Greetings Earthling. Nuclear Engineer by training, software developer to pay the bills, pilot for fun,

Lightning has failed with some serious Clickbait and I was looking forward to the failure

nostr:note1exkk4kcqnue8vnpx2jr7v36tge05d560utklm7f84z6jkfrhtwss6xxygt

It really begs the question of how many #hodl (ers) there really are out there?

To support $75,000/ #btc we need ~ $34,000,000/ day of new money

So to support $750,000,000

We need over 1/3 of a Billion USD PER DAY!

#bitcoin

7 years from now those numbers will be much less

In 7 years $8,437,500 per day will absorb new supply at $75,000/coin

And $84,000,000 per day will absorb new supply at $750,000/coin

Ok selling US treasuries on the open market will blow out the on the run - off the run spread. It will also put massive pressure to raise yield increasing 10 year rates.

Basically strengthening the dollar.

So will this force Powell’s hand to lower overnight rates?

#RemindMe_20270408

#RemindMe_20350408

No empire has ever borrowed or printed its way to prosperity either.

Socialism has failed everywhere it was tried.

The definition of insanity is trying the same thing and expecting a different result.

#freetrade

"Some will sell their dreams for small desires / Or lose the race to rats / Get caught in ticking traps / And start to dream of somewhere / To relax their restless flight”

- Getty Lee

From brave AI

However, there have been instances where government entities have argued otherwise. For example, the U.S. Department of Justice (DOJ) has claimed that money is not property, justifying the confiscation of $50,000 from a small business owner in Maryland. This argument has been criticized as a philosophical assault on the idea of private property and a potential erosion of due process protections.

A federal court is set to decide whether to uphold the right to a trial before an impartial judge and jury in such cases, which could have significant implications for property rights and due process in America.

I like how you think. A filter to separate the wheat from the chafe

nostr:note1redg7elzhwjanmv7awk7ffhljzmvycndk2gdz7wltus8gpcl573swr843z

Without delete we will never attract politicians, and other key public personalities. They need to be able to change key positions as the Overton window shifts.

#nostr

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Because even the most complex AI model can’t figure out the difference between log4j, SLF4j, logback, java.util.logging or any of the other implementations that all require bridges aren’t compatible together and only wizard can hook up.

Happy birthday Internet!

Rfc1 was written by this guy:

https://en.m.wikipedia.org/wiki/Steve_Crocker

Who is now 80 still alive let’s get him on #nostr , but would have been 25 at the time.

The doc:

https://datatracker.ietf.org/doc/html/rfc1

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Sorry to be naïve and ignorant here, but I don’t fully understand the correlation.

So bitcoin in self custody doesn’t have boundaries however it certainly is not currently used for any international trade. International trade import export agreements are unbelievably complex and would be difficult to settle via bitcoin.

With respect to tears being a form of currency control, it does theoretically suck some US liquidity out of foreign nations, coffers in theory, thereby strengthening the dollar. Which only encourage more exporting from said nation, whose currency is weakening against the dollar.

Help me out with this logic

So basically minimum wage would need to be $100,000/year to match 2500/year from 1963?

Assuming both were paid with 1963 quarters?

Junk silver is looking good