Thanks for the response! I just googled “how much USD in circulation?”
And it’s probably much bigger?
So 2.1 trillion USD in circulation is not really the right number to use?
If there’s 2.1 trillion USD in circulation, and they print 300 billion to bailout #svb, does that mean there’s a 7% instant inflation event?
Overly simplified I know, but on the right track?
I’m waiting to pay for some great relays and I can’t wait to see businesses come up with cool services on top of Nostr.
I’m trying to convince an entrepreneurial friend of mine to look into running a great, paid relay. For a while I felt like Reddit was the best thing around, and now I think Nostr will be way better than Reddit ever was
Are you referring to this:
“Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.”
https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm
“…make available additional funding…” isn’t nearly as sexy as “money printer go brrr”
This really gives of decentralized vibes, seeing so many relays with so many names! Awesome work 🤙
Friend of friend just tried to move their coins off of #coinbase... and were blocked. Coinbase is a customer of #svb.
and since it happened on Friday we're waiting to see what the fallout is. Apparently Coinbase was one of the their customers. Another reason for people to pull their coins off the exchange if they haven't already.
You could always ssh into the older machine if you used that and kept it stationary and always plugged in. Pretty easy to set that up
Coinbase is a customer of #SVB - if you have bitcoin or anything else with them, good idea to take it off the exchange. Source: https://www.reddit.com/r/wallstreetbets/comments/11nzl4i/cant_short_sivb_anymore_short_a_basket_of_stocks/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
What’s your favorite party movie to watch with friends? #movienight
I want to write a blog post about #robosats covering a recent experience (positive) - is there a Nostr client for longer form text that people like yet?
#decentralizedexchange @robosats
interesting, so you can verify yourself at custom domain if you have one?
What does that mean? Are you a woodcutter?
What does verification on Nostr get you? Why should someone do it?
Does it have tags?! Hierarchies can be annoying because sometimes a note doesn’t fit nicely into a single tree path. I love tags