Selling assets and holding cash is traditionally called “liquidation” which basically tells you cash is the most liquid asset. But what if Bitcoin becomes more liquid than cash? Does holding cash become investment and buying bitcoin becomes “liquidation”?🤔
Not sure what are you trying to say. I am just saying gold price rise was not merely due to crisis/recession. The end of gold standard has big impact and the impact is long lasting not a single day effects.
They are related. The end of Bretton system has impact on gold price.
Nope. 1970 is the time US terminated Bretton Woods system and stopped gold backing to USD.
The king of shitcoins is Bitcoin! Who would have thought that! The flippening is happening! #BRC-20
What the fuck is BRC-20, I am losing mind now
In 2011, there was a guy who sold his kidney for an iPhone. Imagine if he bought bitcoin instead.
Do you use standalone cln or cln under umbrel. I couldn’t figure out how to backup channel state for my cln under umbrel.
While in terms of market size and adoption, POS is currently > POW. Sorry but you asked 🤣
What's up with wallet integration on NOSTR?
Transaction occur, but don't display seamlessly with a zap count on posts. I've tried my fountain wallet numerous times, Blue and Muun don't have addresses, and WOS has been the only successful one for me. Should I get Alby?
nostr:npub1yshqv640r9q0kudgamhzvtqwwwv97tqhc6t66purmwslgtrg6gcs3qh359
What’s up with this @. You need wallet with LNURL, WOS is what I use. Fountain should work but I haven’t used them don’t know what went wrong. It is custodial service so keep in mind LNURL running on your own node is the best.
It is funny that human are so used to worship figure head that they carried this momentum into decentralized world. I still remember how some bitcoiners were jacked up when Terra Luna started holding bitcoin. None of those big companies are your leaders.
AI will make some jobs disappeared indeed. Society has to evolve by eliminating low efficiency, if your job is threatened by AI then unfortunately your job is at low efficiency. Why would paper mill keep operation just to keep jobs when most people can get media online? Why would auto industry keep jobs where it can be done by robots? It is the same thing. Change or wait to be replaced.
Elite only is impossible. When bottom disappears the middle slides to form new bottom and top becomes middle. Pyramid shape will not change.
Fractional reserve banking and oversold airline tickets are the same shit
Everything is in a crisis globally. Financial, energy, environmental, geopolitical, population. At the meantime, technology is stalled. Internet and globalization have fueled the speed of growth in the past 30 years. Where the new demand could be? Will separating money and state have the similar effect as creation of internet? It almost feels like we need something bigger, more significant to maintain the speed of growth otherwise we may head into decades long of recession.
Wild! And HIGH interest accounts are at 0.00%-0.05%? I am more than happy to offer them double that rate for my mortgage 🤣
