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Joseph Voelbel
170dc4045d6c06275b40bd39f68ca31dbb962094e9763ee460f8341bd40bebca
Author, PAY ATTENTION TO BITCOIN: The Rise of Digital Gold and its Place in the Evolution of Money (2024), NINETEEN STORIES (2017).

WTF is The Fed?

In plain terms, The Fed does four things:

Settles transactions between banks.¹²

Determines banks’ reserve requirements.¹³

Gives loans to banks and charges interest.¹⁴

Buys and sells treasury bills on the open market.¹⁵

https://banklesspublishing.com/what-the-f-is-the-fed/

Forgive my rounding. Too optimistic😆

93% of all bitcoin is in circulation.

most

of

these

politicians are str8 up savage

Id

rather

buy bitcoin

and dollar

cost average

Perchy made me this #Chippi NFT. Bankless Publishing is interviewing him on X tomorrow. Roll thru!

https://twitter.com/i/spaces/1rmxPkyMVQYJN

Vol. III Issue #1 NFT

No One Belives Man Who Really Did Lose Bitcoin in a Boating Accident

https://app.manifold.xyz/c/the-rug-nft-v3-issue1

The Rug’s mostly credible newsletter #18

SBF Goes to Jail For Punchable Face Violation

https://paragraph.xyz/@therugnews/sbf-sent-to-jail-for-punchable-face-violatino-the-rug-newsletter-18

Great Bitcoin 101 reading from nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak

Spotlight takeaways:

— Bitcoin is the only decentralized peer-to-peer store of value system

— Proof of Work blockchain is electric power converted into immutable contracts

— Bitcoin may fail, depends on adoption

— Bitcoin provides an alternative to monetary inflation from centralized fiat-mills (much as gold has done historically)

One down on my bitcoin basics reading list✊📚👀🤓

Just imagine if u could “hault” bitcoin because of volatility like they did with PacWest multiple times today. #bankruns

https://www.cnbc.com/2023/05/02/pacwest-falls-30percent-as-regional-banks-stocks-slide-to-new-lows.html

Balaji Appointed Bitcoin's Chief Marketing Officer 🤣

#TheRug #TheRugNews #balaji #BitcoinCMO

https://therug.mirror.xyz/24gPOiVnmnMj4ZwNf4YN8w5LwlbGUd17EBnGAgZoLIM

I wrote this essay last year called, 'The Evolution of Money'; this is the first in a collection that will become a book. 📚

"Perhaps money’s fluid nature spawned its numerous water-based terminologies. Assets which cannot move are said to be frozen. A person who is highly liquid has lots of cash. Holding an asset valued at less than its initial cost means you’re underwater. Just as boats are collectively stored in a port, a collection of stocks is called a portfolio. Products priced to move are said to be on sale, admittedly a mere homonym, though akin to the sails that move windblown vessels across the seas of commerce. Currency, (from Latin currere, meaning “to run”), shares the same root as current."

https://banklesspublishing.com/the-evolution-of-money/

As Editor-in-Chief of The Rug I publish a full recap of all our satirical crypto comedy (think BabylonBee for Bitcoin) on Paragraph. Check it out!

https://paragraph.xyz/@therugnews/fdic-insurance-good-up-to-250000-or-whatever-you-put-in-the-rug-newsletter-13