Willing to pay for a chart that shows the FDIC capitalization relative to the amount of deposits in banks over time.

Would love to see it as a %, and also as a nominal amount.

I’m curious how the relationship of $ in bank accounts to $ in FDIC has changed through history, especially after 1971 and then during the QE period.

Fuck your #Bitcoin Accepted Here.

#Bitcoin PREFERRED MFers. 🧡💪

Gonna have this sign for all my sales.

I didn’t realize that most of his things are scams.

I was excited about a lot of things he’s working on, but after the Thai cave rescue thing where he called a critic a pedophile and then hired a PI to try to actually dig up dirt on the guy - I lost respect for him.

When he started shilling DOGE I realized how shallow he can be with his thought process. Clearly vapid in some areas.

When he acquired Twitter and started censoring links to competing social media platforms, I realized he is also a hypocrite in areas that he seems to think deeply about.

Then I always tried to stay neutral on the China thing, but it’s true that he never criticizes Xi or the communist party, while always criticizing US politicians.

As a user of Starlink, I’m pretty happy with what he’s doing there.

I also appreciate what he did with Tesla , he got the momentum going with electric vehicles and his story of putting everything on the line for Tesla was inspiring - but he did make more money being close to the money printer for bogus carbon credits which was more profitable than selling the cars.

It’s very tough to continue respecting him as time goes on and he keeps benefiting from the money printer while doing -rep things for bitcoin, a technology that can actually change the lives of people worldwide.

Def don’t give him a pass.

I will be building this for NOSTR too. Give me a few weeks or so.

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

Thanks, Jack. I appreciate this. I expect I’ll write up this interview Monday.

May come back to you with more Qs in the future when I’ve gone deeper on NOSTR

Have a great weekend!

—-

For anyone else reading this —would appreciate your thoughts on NOSTR’s development and the evolution of the internet

downsides of having a COO that lives in your house

thyroid good?? I imagine this is what was your wife's issue was Brad??

Zap me Brad!

I'm just a pleb boy tryin' to make it.

1. How does Nostr user experience compare with Twitter?

It’s both at parity and far more advanced. Zaps are far more advanced and a leapfrogging. As is logging in with a key pair. As is autopilot relay model in some clients.

2. What client(s) do you use?

Primarily Damus for iOS, gossip for desktop, and a variety of web clients (snort and coracle).

3. From what I’ve seen, current user base is highly concentrated among Bitcoiners. Thoughts on implications this has for user experience and network growth?

Bitcoiners tend to be pretty principled and focused on building tools to enable more self sovereignty, so I think it will turn out very well for individuals. But like Twitter, I think there are many other niches you aren’t seeing yet because you aren’t on those relays.

4. What do you think of Twitter blocking Substack links?

I don’t believe Twitter should block any links. Is this true?

5. Is Block building on/for NOSTR?

Yes.

Whenever I’m at restaurants, I try to ask my waiter / waitress if I can tip them in #Bitcoin.

Nothing like Orange Pilling people on the spot.

Some carefully will accept, a few willfully accept, most completely deny it.

The grind continues.

So you’re saying the crocodile is Gary Gensler and the fisherman is SBF.