Hey James, great story.
I love applying those small life lessons/principles across other areas of life as you say you did.
I do feel like I'm getting super little action on amethyst actually... What do you suspect?
It's scary and makes me so uneasy. I almost wish I wasn't right about bitcoin if it meant those innocent (oblivious) people won't face horrible times when this house of cards comes crashing down.
Paid in Bitcoin:
✅Beef
✅Eggs
✅Chicken
...determined to live locally on Bitcoin as much as possible! Build out your local circular economy!
Are you offering a good/service for BTC? Let me know and be sure to add yourself on https://btcmap.org/

Epic.
Would love to be able to help small local businesses accept btc. Any advice?
Been doing my best spreading the word and helping people get set up with cold storage and such.
I need to do more though.
Yeah! I'm coming over from Denmark, anyone attending hit follow, like (I'll refollow) and DM so we can meet there!
What scares me is that (scare but not surprise) it'll probably crack quicker than people get to safe Harbour, which will mean tough times ahead for a lot of innocent people. People who havnt adopted bitcoin yet didn't chose knowingly to be persuaded into a Fiat system that has been stealing their wealth for generations. Oblivious people didn't choose willingly to live in a world where you need to be super-conscious about what currency you should accept as compensation for your energy expenditure into society. So it's gonna be a tough ride for some people that didn't have it coming at all and that's pretty sad.
Yo Whats this. I didn't know that existed!
In a world where traditional economy goes to shit extreme poverty occurs due to a halt in 'unnecessary' growth. Have you skilled up in areas that will prove worthy once the job market plummets? #getoffzero #imbeggingyou
The Fed added about $300 billion to its balance sheet this past week.
https://void.cat/d/UDKNKEAwg1f4bWkWxZrdL5.webp
This wasn't from buying bonds or ending QT, but rather from making loans. To the extent that they continue QT, they will likely need to keep providing this type of liquidity, so it's like the Fed is taking liquidity out of the financial system with one hand and putting it back with the other. They've basically hit the liquidity floor of the banking system, which seems to be around $3 trillion in bank reserves.
However, that doesn't mean the balance sheet will go straight up. The Fed will try to limit the balance sheet growth to whatever extent is possible.
After the September 2019 repo spike, the balance sheet stopped decreasing and started going up, and then it began to stabilize sideways by January 2020. It then got slammed by the COVID-19 and lockdown impacts in March 2020, and the money printers went into hyperdrive due to that.
This time, without such a crazy catalyst, the balance sheet will likely spend more of its time in that intermediate state, similar to what it did in that September 2019 to January 2020 period.
In other words, this is still going to be a bumpy process.
Who's pays the price and to what purpose.
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The fact that #bitcoin is pumping on the back of all these banking news the last week scares the hell out of me.
I always get a little depressed when btc pumps 😳
Incredible. I really wish we could come up with some sort of system where we could eliminate reliance on these powerful people............. Any ideas?
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Disable voice calling and VoLTE if your device is affected. Samsung's Exynos modems have multiple vulnerabilities, with the most severe ones allowing for remote code execution without user interaction.
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Hey man! Get your LN address set up! You need help?
What does nostr look like when the privilege of sharing it mostly with fellow bitcoiners disappears?
I'm sure it'll be great, just food for thought 😁
Oh this brings up a comparison between nostr adoption and bitcoin adoption. #getoffzero
Follow yourself to see your own posts in your feed!
Tagging isn't working super great for me on Amethyst either.
I just managed to set up a full bitcoin node on a Linux VM!! Been wanting to do this for ages. Am running an umbrel node on a raspberry pi as well, but wanted to experience setting it up from scratch 😁 #hype
What's your best orange pill story?
