To expand on that, I think we're heading for an interesting situation where the state, as you say, does become authoritarian in theory (de jure) and expands its powers but at the same time looses its grip on the real world and will become less and less able to exercise executive power.

Banks continue to fail, and the deep state finds itself in a precarious situation. With their true motives exposed, it's evident that their primary concern is retaining power rather than adding value to the lives of the people they govern. Even in our current kleptocratic and gerontocratic society, there are limits, and those boundaries are rapidly being approached.

The present trajectory indicates a shift towards a more authoritarian state, as this is the only viable means of sustaining the ongoing grift in the absence of a functional democracy. To achieve this, however, they must control the money to prevent rebellion. This necessitates the implementation of a CBDC.

While it's not being suggested that the recent spate of bank failures is intentional, it's clear that those in power are capitalizing on the situation. We are moving towards a world where each country has a single central bank with one true member. This structure is the perfect breeding ground for a CBDC.

The US service economy is about to be in for an extremely rude awakening.

AI is going to make manual labor cool again.

- First Republic, the 14th largest bank

- Silicon Valley Bank, 16th largest bank

- Silvergate, 147th largest bank

- Signature Bank, 29th largest bank

- Credit Suisse, 45th largest bank in the world

Meanwhile the world…

To zap a comment on Damus, long-press on the #zap icon and just type or paste whatever you want ⚡️

Birds get a free lunch when it rains and the worms come to the surface.

Socialism works! 🤙

" #FirstRepublic Bank $FRC falls another 37% amidst rumors of a government takeover." by WatcherGuru

BIPs, NIPs + DIPs.

I feel like Lightning missed an opportunity with LIPs.

So exciting this game! 🫢

#bankingbad

#bingo

multi account manager at Nostrmo.

I think this is the only free multi accounts client now

Something I noticed over the years. Rich people rarely speak in a direct manner. Everything is subtext. This is for a variety of reasons.

- Intellectual filtering

- Plausible deniability

- Hide intentions from one another

It’s also why meetings with these types often seem to go on for hours for no apparent reason.

Better start prepping.

With nostr/btc we can become a resilient parallel economy. Offer and buy goods and services here. The market of nostr is growing and eager to exit the fiat world bit by bit whenever it's possible and practical.

ECB: DIGITAL EURO POTENTIALLY AVAILABLE INITIALLY TO EURO AREA RESIDENTS, MERCHANTS AND GOVERNMENTS ECB SAYS DIGITAL EURO COULD BE MADE AVAILABLE VIA EXISTING BANKING APPS AND EUROSYSTEM APP

If I could throw you in a bootcamp for a month, what would you choose?

#zappoll #Bitcoin #nostr #Lightning

Don't swallow an activist!

After logging in with snort.social all my follows and relays were nuked. After a small heart attack i manually retrieved the history with nostr-relaypool and republished them. Nice morning exercise. Thank god it worked.

Local follower backup for clients might be a good idea.

Checking zaplife during US awake time vs EU/APAC is fascinating. You can see how much slower the feed is and how much less zapconomy revolves. Is that driven by less zap worthy content or less people online? 🐶🐾🫡🫂