When I was very young, I voted for this motherfucker thinking he was anti-war. That turned out well. Not that votes do anything except serve the illusion of legitimacy and feedback that can be mathematicallly verified to not exist.
My economic analysis of the extents and limits of widespread credit expansion on a Bitcoin standard.
#economics #bitcoin #bitcoinstandard #ecash
Yes and the only way they can do this on a large scale is if they coordinate with all banks in the region, which all get the trust of the populace. This can happen in a government, but even then people can take their tokens out onchain if they suspect foul play, so long as the government wishes to maintain the illusion of transparency. These people can then flee the country or set up a thriving parallel market.
For this to happen between governments would require a federal government (cartel) to coordinate (like the EU). The larger it gets, the harder it is to stop crucial economic actors from exiting the system. This outflow will eventually give way to a collapse of the local ecash economy and increased popular interest in real BTC or alternative ecash issuers outside of the regime. Like how Argentina had a thriving black market for dollars when the official exchange rate was distorted.
France is and has always been insane. The people and the government alike. But a broken clock is right twice a day. Unfortunately we in the American Empire have a government that works just fine as a war machine and wealth extractor.
Yeah it's pretty pathetic the way they vilified Trump, and even more pathetic that so many people took the bait. Trump is a moderate. Idk how people don't see that. He's just a normal ass president. The oligarchy sure is something else.
I am thoroughly and completely a loser, along with probably about 50 million other young men in this country. I think it's partly my fault. I need to try to get back up again.
It's funny when you're arguing with idiots who berate you for being an anarchist and they're like "consumer choice regularly makes mistakes, they can't be trusted to make their own decisions," and I'm like yeah, their choices suck. Arguably I'm poor for that very reason. But your solution is to put trust in a system that is inventivized to manipulate information if it does anything at all? And to exclude independent verification? And to thereby cram certain products down people's throats by effectively eliminating all other choices except to the smartest people who happen to know how to escape it? Really? That's your fucking plan?
#anarchism #statists #statism #clownworld
I'm so damn depressed from the lack of economic opportunity in fiat America, even entry level basic tier jobs like cashier are like, nah brah, don't need people right now.
Case in point: me
Technically savvy but I'm not gonna spend 1000 hours learning every part of every layer 2 and doing it myself. I just use what works and what's fun for me and within my time investment parameters.
My thoughts on the recent debate between Saylor and Ammous, via a comment on Matt Kratter's video:
That's not required to get the populous to slurp shit down anyway. Most people are happy slaves. I highly doubt that this particular instance is intentional sabotage, if that's what you're getting at.
Watching Andor (so good) and seeing everything that tyrannical empires do in the Star Wars galaxy and crying all over again. I wanted escapism and I got more empire lol!! Great show for showing how the imperial bureaucracy really works and erodes people's freedoms little by little.
Too bad with FDR taking the dollar off the gold standard, and all the central bank fuckery already happening, that shit became worth less than .5 cents in a few years. Thanks Jekyll Island assholes.
