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Why should an average person invest their money and take risk instead of just saving their money? B'cos govt print money and devalue your money. Ok, I take risk and invest. Govt: "ah.. you invest and gain eh? We taxing it. What? You lose money? Too bad, be smarter next time."

Govt create a problem for you. You try and mitigate the problem. You failed, the govt smirks. You are successful, govt creates another problem on your successes.

But I've also did one on an old laptop. Just need to buy a new 2TB SSD. Even cheaper. An old laptop that's too slow for everyday usage performs very well as a bitcoin full node. In fact, much better than on a Rpi4.

And such node can be setup for around $300

Replying to Avatar corndalorian

His brother must be Bip39

It's costly to have self-custodial lnaddress. But some small fast payment, it doesn't really matter. But if you want truly self-custodial, but static payment address that is also private, On-chain bitcoin address via paynym (or payment codes bip47) is the way to go. But only a few wallet support it for now, Sparrow and Samourai.

Replying to Avatar pam

yea, maybe the idea of using another country for its own benefits to a point the other country suffers is wayy too much self love lol

Some examples - The US stayed in Afghanistan for 20 years to combat the Taliban but left without a proper handover, ultimately causing suffering in Afghanistan when the Talibans took over. In fact they created the Talibans in Afghanistan & Pakistan all those years ago to fight against Russia.

Other examples would be Central America, South America - monopolising its economy and controlling its gov'ts.

Exploiting other nations' economies and then abandoning them, like colonization, is sadly not unusual. Taiwan losing its independence if the US no longer sees a need for it is concerning.

On the second point, the Ukraine-Russia issue goes back to centuries, from early Russian dynasties, the Russian Empire, the USSR, and the allure of 'Europe.' Many eastern European countries struggle economically balancing democracy and communism e.g newly established democratic countries like Georgia still uses potatos to barter trade.

Ukraine's relationship with Russia is like Sicily's with Italy, marked by cultural differences. This is further narrowed by locality such as Crimea which has stronger Russian influence culturally. Before IMF splurged their Billions, Russia used to support Ukraine financially.

Its hard to force Russia to be amicable when Nato is lined up at its borders. At the same time, its also very to find an amicable solution when the main port for trade is controlled by Russia.

JFK was the last president who wanted global peace. Everyone after that wanted war. The victorious position themselves as super power. But the bigger benefits ? The money $$

US is the largest weapon manufacturer in the world. Half of Boeing's sales is military aircraft and missiles. The Department of Defense (DoD) contract in 2021 was $559 billion (2.3 % of the country's GDP).

Supply and Demand is the actual problem here :)

For not wanting war, see what happened to JFK. And he is not the last president that wanted world peace. Trump didn't start any war. He wanna pull all his troops back, and his generals give him the middle finger. And see what's happening to him now.

And alas, you should have been here yesterday asking a Ukrainian the perspective on Russia. These long historical disputes are too complicated for any simple conclusion.

Replying to Avatar pam

Was watching Vivek Ramaswamy's take on Russia - China in his talk with Cuomo. It seems like this time, the presidential election is centered around the policies related to Russia. His take is that once the Russia - Ukraine war ends, he wants to severe ties between Russia and China, and remain foe with China. He also believes in backing Taiwan, until, US is self sufficient in its semiconductor production.

There are a few things I don't see eye to eye.

1. Russia - China tie is not a flimsy relationship. It was rough many decades ago due to the differences in communism ideology but it has progressed over time Their ultimate goal is to remove dependency on the US currency. Brics now has 30% of global share, backed by largest global industries. Russia wont severe it's ties just because US wants to be friends again.

The best neutralising factor for all globally will be Bitcoin

2. To say that US would only back Taiwan until they are semicon self sufficient is rather mean and self centered, albeit the honest truth. But having said that, tech progresses forward. Semiconductor industries outsourced to Asia for over 20+ years for cost-effective solutions while the US maintained high-tech innovation. Supply shortage post Covid was hell for everyone but rebuilding fab empires and retraining workers would require a significant long-term investment, resulting in higher product costs

The question is, whats next for the US and how is US moving towards that

John Chambers, Cisco's Chairman Emeritus, discussed unions in 'Connecting the Dots.' He emphasized worker rights and wages. But sometimes, you can't hold on to jobs as tech changes with time, and if you do not progress with tech, the state of economy gets left behind.

I love the confidence he exudes but for both these topics, RFK makes better arguments. He has been consistent on establishing and maintaining global peace. Not because US needs silicon chips etc - but for the benefit of everybody globally. Its win win. And he has been open is exploring capital growth and tech progression. Added to that, he understands the importance of Bitcoin.

Its interesting to see the debates unfold. I just hope it won't be a Biden-Trump rerun. I like that Vivek is open about who actually runs the United States. Both left and right are openly talking about this.

RFK - Vivek would be interesting to watch.

Regarding the matter of protecting Taiwan till they are semicon self sufficient sounds so selfish, some may even call evil. But, should the leader of any country not be narrowly focus on being selfish it protecting their own country? Should they put others interest ahead of their own citizens?

On the other hand, keep supplying arms to Ukraine so that they can fight to the last soldiers HEROICLY against their own enemy sounds really evil.

Beans harvested from Brazil, Colombia, Ethiopia and Sumatra. Freshly roasted in Singapore. Transport them to Malaysia. Ground it, tamped it, extract it after careful calibration. Result = sweet, smooth, balanced cup of espresso. A result is a Proof Of Work.

A nicer buried treasure, an Opendime. It's a bearer asset. Unless it was buried so long that by the time someone dug it out, the world no longer reads a type C connector.

Can we really know if any profile in Nostr is the actual person or an imposter?

It sure is. The most sound and hardest of them all.

Bitcoin, a little less than 2.1 Quadrillion

Who wanna get some Rai Stone cookies back? Store of value one week duration 😁