Reading The Mandibles is terrifying. A bit hyperbolic, true. But man this stuff doesn’t seem so far fetched anymore. I think the fed would monetize the debt before the US government declared an outright default, but scary to consider nonetheless.
Massive things are happening with nostr. All of the shitposting and games are a wildly fun way to prove out the concept and increase adoption, but this protocol will soon become absolutely vital to our ability to communicate and exchange value freely in a censorship-resistant way. A big thanks to all of the devs who are making this a reality!! And to all the plebs, couldn’t be more pumped to share these early days with all you psychopaths. PV 🤙💜
In a way, but it’s actually pretty interesting what happens as you get closer to the deadline. You could wait to the last second and zap 99k sats to win 100k, but it’s risky to throw in that much to only make 1k. And after a certain number of large bids, you’ll end up bidding more than you get back if you win. Kind of fascinating actually #nostrnomics
Best #[0] analogy about our current banking system: it’s like handing your keys to a valet and while you’re at dinner, the valet rents your car out to an Uber driver.
Paying it forward! First invoice for 3k sats gets paid 👇
#[0]
You’re the man. Care to explain to a noob how to properly link to your note so I can keep this rolling?? 🤙
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Shared! ⚡️💜
#[2] just zapped you 30k sats for a valiant effort ⚡️💜🤝
PPT (pinky promise technology) 🤝 🫂💜
I’ve gotten so use to self-custody with Bitcoin that reminders about how the traditional banking system works always blow my mind. I saw #[0] post the article below this morning, and I just find it stunning that full-reserve banks simply aren’t ~allowed~ to exist under the current regime. How incredible that we can opt out of this clown show with Bitcoin.
https://hbr.org/2023/03/how-payment-banks-could-prevent-the-next-bank-collapse
Man this community is just incredible. Well done sir 👏👏