Urgh, not that one 🤮

Anyone else think the Keisers give off a Joker and Harley Quinn vibe?

[T](amethyst)h[i](amethyst)s [i](amethyst)s how I learn everyone's secrets.

nostr:nprofile1qqsyvrp9u6p0mfur9dfdru3d853tx9mdjuhkphxuxgfwmryja7zsvhqpzamhxue69uhhv6t5daezumn0wd68yvfwvdhk6tcpz9mhxue69uhkummnw3ezuamfdejj7qgwwaehxw309ahx7uewd3hkctcscpyug?

Hmm, wonder what all that noise was I got when copying text then?

Looks like its a overly conservative guesstimate... it doesn't quite look exponential

There might be some pain along the way, but long term we would flourish.

The economic system we have built for ourselves is why it would bring pain. Our economy is based upon debt on top of debt on top of debt.

The economy can never pay down that debt, so we must borrow more to keep the system from collapsing, from the government currency becoming worthless.

If we had 0% inflation, there would be no incentive for people to keep borrowing since the secret about loans is that something worth $100 today is worth $150 next year, so borrowing $100 now and paying back $105 next year is a bargain rather than saving up and spending less than you earn.

This leads to a spiral, and a depression, but it isn't the 0% that caused it, and once the bandaid is ripped, human flourishing can begin on a better foundation.

How did you do that?

I tried to copy the post's text to reproduce but it failed. Hence the gobledegook

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Humanity would flourish.

2% is a lie based on one set of events with the bankers writing the history books and no other theories around why there might have been a depression.

Check out nostr:nprofile1qqsg86qcm7lve6jkkr64z4mt8lfe57jsu8vpty6r2qpk37sgtnxevjcpzpmhxue69uhkummnw3ezuamfdejsz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcprfmhxue69uhkummnw3ezummjv9hxwetsd9kxctnyv4mqgevlfj's price of tomorrow book for a measured take on this topic.

$MSTR

... or?

This is amazing. Was it the result of your educational classes?

Places pop up here and there but tend not to be reliable. If this is after education, I suspect these guys are here to stay 👏.

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Block 3.

This... looks... painful 😭

To be clear, I am speaking truth, but sometimes there is "secure enough". If you strive to only ever use the best security you can find, you would become paralised and would never secure what you needed to secure.

If you apply security beyond your own understanding, there is a good chance you could compromise the security or end up in a situation where you can't figure out how to get access to your protected thing because it is too secure for you.

Don't let perfect be the enemy of good.

I hope they were randomly generated, ideally by a good source of entropy like dice. A computer uses pseudo randomness and is probably good, but not all randoms are equal and any attempt to pick or reorganise your words to memorise it better will only reduce its security.

See: https://www.youtube.com/watch?v=o5IySpAkThg

Any device or software that you use to create, store and/or secure your keys has full access to your keys.

Anyone's best bet against falling victim is to use open hardware and open software that can be audited and signed.

This would mean even the Coinkite hardware is untrustable.

Bitkey is pretty simplified. The tradeoff:

1. They can surveil you (but they can't steal from you)

2. If the business goes under, you will need to be able to follow some technical instructions to recover your funds to a new product.

Straight up bold face lie.

The security risk is that malicious governments and dictators now have the ability to use systemic forces to steal your bitcoin.

I wouldn't even be surprised if a foreign government/dictator could get access to your keys. They can get your transaction history to find who you've been working with from banks as already documented by nostr:nprofile1qqsqg7dx4pxfv5vv02pscjdl2m7uwl9c3vzu6uys9cm7cxgxlhkxs0cpzdmhxue69uhhqatjwpkx2urpvuhx2ue0wdsd8k

They front doored it. You technically have to opt in to using their recovery feature to become subject to this.

But most people won't know this. Or care about it... not until it is too late.