I’ll listen to this one again to refresh. Could use 20 hours instead of just 2 between these 2 guys.
These are other links you can explore for more as well:
You can always find more in this playlist of mine if you're looking for austro-libertarian takes on other things:
https://youtube.com/playlist?list=PLaR3sy0CQTO5gfm4wM6BZqjdzQWKbX5uD
Understanding value, action, ends, means, capital, labour, prices, time preference, interest rates, entrepreneurship, uncertainty, risk, money and catallactics in a 'value-free manner' can be very useful, no matter what you do for a living.
'Value-free manner' here means that you learn about them without taking political, cultural, empirical, idealogical, personal, legal, religious or moral positions.
It can be very rewarding and potentially life-changing.
There's a lot of discussion about that particular period here:
Murray Rothbard and his students/intellectual colleagues and successors are the go-to people for economic history.
Have also been hearing quote a few mentions of Ralph Raico's name as a good source for the same subject.
Sats flow > Cash flow
When politics comes up with people like the I'm just gonna say nothing and change the topic
'Ah that's cool man, catch the Bitcoin price last night?'
True but that wasn't my point
It was Miles Suter highlighting what Block's done over the last few years
I just saw it and thought 'nice' and that's pretty much it
You're correct that calling it yield is not the right framing. Routing is probs not there yet in terms of ux to be able to earn passively from it.
Bhatia did talk about the ‘yield from lightning liquidity’ thing so he deserves some credit there
How to talk to eth people
https://video.nostr.build/bc201fee804e1a13259e026de63972272a6ca0824a0576354fbd33952fa4cf1f.mp4
Bruh I’m starting to feel like this with people who call themselves Bitcoiners but say statist stuff.
I like talking to normies more and don’t mind them at all nowadays ngl
It's been a while. I just change the subject when they bring up CrYpTo
Hey guys, tried the vanilla version and loved it. Pretty feature rich!
But it's not very obvious that the rooms are public when someone joins. Is there a way to let people know how to make rooms private?
Luckily it won’t be that hard for them to switch when they realize it and free themselves
Might be difficult in this case considering Tether’s network effects though. So your concern about centralization is valid.
It’s more of a policy problem where the USG needs to get out of the way of other Stablecoin issuers and let them compete.
True but it's not like there's going to be just one stablecoin issuer that does this
Wouldn't be surprised if Circle does this as well
The more that other fiat devalues, more people will use USDT
And the more profits Tether makes
The more bitcoin they'll buy as a result
And the more that Bitcoin grows in value, the more the proportion of value which Bitcoin backs USDT grows
And at some point, the value of Bitcoin that backs USDT > value of US Treasuries that backs USDT
And now you essentially have a currency that is backed by Bitcoin
What am I missing here?
Full talk from 5:46:46 to 6:00:12:
https://www.youtube.com/live/fOUEiNAwiDE?si=eWgrtegmTmLiVlFL&t=20798
Clean link: https://www.youtube.com/watch?v=fOUEiNAwiDE
(Thanks to nostr:nprofile1qqspmy3tyzdtr8y0vh64tskdrr363w0cf0pvxpenqt2eqy6pds7s2zqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshszxmhwden5te0wfjkccte9ehx7um5wfcxcetzwvhxxmmd9ueeg6xu for finding the timestamps)
Saifedean's talk about Tether is great
I start thinking something is bad for Bitcoin and become very confident about it.
In comes some Bitcoiner to tell me why its actually good for Bitcoin.
I'm running out of bearish scenarios
Enakku therinja Nostr devs ellathayu already tag pannitinga