Hmmm.. I hadn't really thought of accelerationism before. It's not my currency, so I don't care too much how fast it breaks. People can vote for it but without the Central Bankers to finance it, it'll get nowhere, and I don't see them signing off on it.
But it's not the same effect when you get the money before it's lost purchasing power, you are not reliant on fixed income, and you have hard assets that are resistant to inflation.
The government is a give and take, it's all about who gives more and who takes more. Can't just look at who pays most taxes...
Anyways, thanks for the convo. ✌️ Have to wrap this up.
You're making it a morality question. It's not.
You can burden the spending on people who can't escape it.
You can't burden the spending on people who can.
No, my comment was not meant at individuals. But on a wide scale, printing more to give to poor people makes their income less meaningful and makes them more dependent.
Poor people on the way up don't need those tricks. Just give them a tax break.
Poor people won't buy Bitcoin or pay debt. They are poor for a reason.
Nature is not only roses, the moment you try to bandaid nature's thorns you're caught up in... this, basically. Bloated governments on their way to collapse. Not easy to say but true.
Yoooo. It took me so long to discover long press but this is a game changer 😂 😂
Chicken. Whole.
Vibes rn
This is kind of what nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a was saying on nostr:npub1ahxjq4v0zlvexf7cg8j9stumqp3nrtzqzzqxa7szpmcdgqrcumdq0h5ech ‘s podcast about japan, though not specifically UBI
Supposedly they centrally manipulate their cuckbucks in a way that doesn’t almost all go to the rich and powerful
Can you imagine!!
I'll give the pod a listen, I trust Lyn to be better informed than me, but I belive their government subsidises practically everything so net net inflation is less bad.
I also believe Japanese workers are not living a great life. Long hours at work, low wages, no time or money to start a family. People who can save in dollars.
For an exporting economy they perform horribly, I would not look at Japan for inspiration. Especially if the intent is to support lower social classes.
But maybe I have things to learn.
We agree on not printing, BUT...
Poorer individuals have less freedoms. They cannot easily relocate, invest in hard assets or evade taxes. If the government appropriates their work and funnels more wealth to the already wealthy, the wheel keeps on turning.
Now flip the tables for a sec. Take wealth away from the rich and give it to people lower down the social class. The wealthy find a new tax residency, invest their money to protect themselves from inflation, or plain take their business elsewhere. All the while, you take away the incentive of workers to work. The wheel stops turning quickly.
The next highest social class leaves, and the ones down the bottom get put in worse and worse predicaments. Hell for everyone. 🇦🇷
UBI destroys market incentives. Please don't entertain.
Fasted morning workouts are the best. Especially after a good dinner.
I don't think it's an upcharge, beyond meat are a loss making company, I assume this fake meat is horribly resource intensive.
Every beetcoiner taking a breath before they do this again
https://video.nostr.build/a5b7db40d8f363e7ec682a64f46907b1ef1439e6f49958a0e826a87d4f6318e1.mp4
The Tucker podcast was great. Asking interesting questions and going back and forth. When he has to speak to the news people though... 😂 I pitty you Mike!
For what it's worth, I use nostr almost exclusively. But it would be cool if there were more people discussing other things I'm interested in. And it would also be great for them to be here.
I've had no problem staying away from content I don't like so I don't mind if nostr had more stupid people.
#NostrDevs, I was just talking to nostr:npub1xqvdhwwd2qrgj7p4mwclgvx4lfrrkkaam5e3nqxcr3ruzqulqruqndz8a7 and she gave some good feedback. She told me if we had #Stories (only 24hours) like on Instagram or #Reels (Short 1 min videos that you can scroll) like on Instagram, Snapchat, TickTock… that it would make it easier to post & would encourage girls as well as younger people to migrate here + post more here more, because there is nothing to think about in terms of what to write. It’s just day to day, moment to moment life as is and in easy to digest blips (short attention span).
I think she is right, because even telegram and WhatsApp added stories, so there is obviously something there.
Is this something you guys have thought of or are you guys already working on this?
#AskNostr
nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955
Would be cool to have stories. Not sure how you would make them disappear though, maybe just a deletion request?
But I think reels is just a clients thing. Should take anything <1 minute and make a feed out of it, like early youtube shorts, and then if people like it there will be more content specifically for that type of feed.
I joined but I still have no idea how communities work.