Download my proprietary app bro, to use my centralized network bro, developed and run by the exact corporation you're trying to get away form. wtf

Happy July 4th! 🇺🇸🎆 #grownostr

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.

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.

It's hot af today.

Do we know how much Nostr is bitcoiners talking to bitcoiners about bitcoin.

There is plenty of reasons to be pissed at Twitter right now but it casts a wide net.

Rate my diet

I really want to just straight up delete Twitter but I still need it for business purposes 👎😭

Lfg! Just got my Blockstream Jade at the Lightning store!

Threshold thinking. This is the theory that all humans think socially, they have a threshold number of other people who need to think the same thing before they will commit to believing it.

The threshold varies person to person. Within an individual it varies by subject. It can even vary by time of day or mood. The number changes but it is always still there secretly guiding people's thinking without them knowing.

The threshold can be 0 for a specific time, place, subject, and individual. Someone has to be first for everything that has ever been done.

A low threshold person will adopt new ideas easily. A high threshold person needs a lot of social confirmation before changing their mind.

This is everywhere once you see it. Ever read product reviews before buying something?