Nostr Web Client

Perfect memory is a curse, not a blessing. Part of wisdom is knowing what to forget.

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Tir_na_n'Og 2y ago

In my infinite magnanimity I forgive you. May peace be with you.

Replying to

Gigi

#rektucation in action

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Tir_na_n'Og 2y ago

All education and real learning is self inflicted.

Replying to

Louis

So Binance adopted Lightning faster than Swan? Wen Lightning?

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Tir_na_n'Og 2y ago

Same to Peach & Relai team. 😜

Replying to

Scoresby

Kill bill

Tir_na_n'Og 2y ago

ABCD

AI 🖥️

Bitcoin 🌽

Chips 🍟

Data 🪓

Tir_na_n'Og 2y ago

Bitcoin is a credit default swap on a basket of global Fiat's. 🎇 Place your chips in the real time insurance markets..

Replying to

DublinBitcoiners

I'm going to the Offaly #Bitcoin meetup this Sunday!

Are you going?

Please remember to RSVP. Find out more https://bog.ie/book/bitcoin-hideaway/

Tir_na_n'Og 2y ago

Sounds like good craic.

Replying to

Jerry

https://youtu.be/Nzvh4AODtWc

Tir_na_n'Og 2y ago

👀

Replying to

PiecoverBTC

He won't find the lions, only the sheeps will obey

Tir_na_n'Og 2y ago

Don't look for a lion. Be the Lion.

Replying to

Jeff Booth

Some inflation is needed for a productive economy must be the greatest lie ever told.

Because it’s connected to everything else.

#Bitcoin

Tir_na_n'Og 2y ago

You cannot build for an honest future on a current falsehood. The current monetary system is a non-functioning lie.

Replying to

Lyn Alden

One of the major issues with inflation is that it puts the onus on wage earners to try to keep up. A depreciating unit of account benefits the status quo and puts the burden of negotiation on the one that wants to change it.

For example when Egypt cut their currency in half relative to the dollar over 18 months, every worker now has to try to double their wages or simply accept lower international purchasing power, and of course 99% get the latter.

One of the big narratives in UK and other parts of Europe lately is that they gotta prevent wages from rising too fast lest they cause inflation. But those wages are just trying to recoup some of their losses from inflation. First lawmakers said it was a supply chain problem, then they said it was an oil price problem, and now they say it's a wage problem, but ultimately it's a quantity of money problem (and an energy insecurity problem).

A lot of people change jobs unnecessarily just because that's how they get wage increases. Wages become "sticky" and so rather than moving up wages in place rationally to keep pace with inflation and the worker's own increased productivity, workers have to change jobs for no other reason than to reset the anchoring bias.

Tir_na_n'Og 2y ago

An excellent turn of phrase "puts the onus on". On target and simple to understand.

Replying to

Jameson Lopp

It's been 1 month since I published my review of Softwar and Jason Lowery seems to have dropped off the face of the Earth. I suppose we should not expect a rebuttal.

https://blog.lopp.net/softwar-thesis-review/

Tir_na_n'Og 2y ago

Maybe a hissy fit

Replying to

Louis

#Bitcoin companies before Lightning companies.

Tir_na_n'Og 2y ago