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waitwaitwait
0c3d79f69083fdbdf2a8c884bc9f77bb8c03fef9b3f394cac6973a7b6fbed00c
until it's too late

This image keeps popping up since decades but I've always thought it's really stupid.

The two foods serve different purposes.

A beer in Germany costs less than a bottle of water and no one says "there is a problem with the system!"

I really hope for some more effort from simplex devs, there are dozens or maybe hundreds of issues on github without any meaningful answer. Looks like they are very understaffed for such a project

Thank God Bitcoin has brilliant minds like Peter's that help us grasping those things

It doesn't work like that.

The PIN on latest Pixels works like the PIN on hardware wallets with Secure Element. The encryption key is not the PIN. The key is protected by the SE and the PIN is used to ask to the SE for the key. The SE avoids PIN bruteforce.

We should not. It's not wealth like Bitcoin, it's the ability to publish one's thoughts, so it shouldn't be given to anyone else.

Big point in favor of Nostr success here.

To avoid physical attacks, majority of bitcoiners keep their interest private. Rightfully.

With Nostr you can go around with a Nostr T-shirt and have orders of magnitude smaller concerns.

(Not zero though)

Replying to Avatar cadayton

duckduckgo AI chat response.

When the FED prints money where does it go?

When the Federal Reserve (the FED) "prints money," it typically refers to the process of increasing the money supply, which can be done through various mechanisms, such as open market operations, quantitative easing, or lowering interest rates. Here’s a simplified overview of where that money goes:

1. Bank Reserves:

When the FED buys government securities (like Treasury bonds) from banks, it credits the banks' reserve accounts at the FED. This increases the amount of money that banks have available to lend.

2. Lending to Banks:

With more reserves, banks can lend more money to businesses and consumers. This can stimulate economic activity by making it easier for people to borrow for things like homes, cars, and business investments.

3. Financial Markets:

The money can also flow into financial markets, affecting asset prices. For example, when the FED buys securities, it can drive up their prices and lower yields, encouraging investors to seek higher returns in other assets, such as stocks or corporate bonds.

4. Consumer Spending:

As banks lend more, consumers and businesses may increase their spending, which can lead to economic growth. This is often the goal of increasing the money supply.

5. Inflation:

If too much money is printed relative to the goods and services available in the economy, it can lead to inflation, where prices rise.

6. Government Spending:

in some cases, the FED's actions can indirectly support government spending, especially if the government issues debt that the FED purchases.

Overall, the money created by the FED can circulate through the economy in various ways, influencing lending, spending, investment, and overall economic activity.

Ok, I get it. I should have been a banker to get free money.

Which model?

"Duckduckgo AI" doesn't exist.

It all depends on the format you play.

Modern costs a lot and the power creep is huge, it forces you to spend $$$ almost every year.

Forget Legacy.

Pauper costs nearly nothing but you have to like the playstyle.

Commander I don't know I don't play it.

Advice: Pauper is OK; the rest is wasting money, just play with proxies with friends at local small stores which allow them.