rates for overnight bank to Bank lending went up 106x from March 2022 to March 2023
https://fred.stlouisfed.org/series/SOFR
this rate is backed by treasury bill lending
in a lot of ways this wrecked the economy
a lot of ways zero interest rates wrecked the economy also
I've heard of overnight lending but forgot why it matters
Not trying to buy, just determining whether I should sell one that I bought a while ago for 500 or keep it.
I will keep it and watch it go to 0 as punishment for buying it. Gambling is not a good hobby.
Just saw this as I am trying to figure out what Bitcoin price next Friday should be for MSTR price above 510...
If MNAV is 2.1, does that mean Bitcoin needs to be 12% up to 112,000 for MSTr to be 510?
So at this he would be:
trillionaire if Bitcoin takes 400 trillion SOV market cap
100 billionaire if it takes M2 supply(~35T)
However if it's only 15 M, he would have .41% of supply if I'm calculating correctly
3 is the perfect number. I also got my mom, dad and (ex)partner. It's all I need on the life boat.
My brother's still on the Titanic so I'm working on knocking him off the railing.
"I left my heart at" : Bitcoin address :-D
I don't want to be that person! The goal is to combine with other UTXO and become a SXTO
Forgive me, Tim, for dropping this on your perfectly beautiful post, but this is Nostr. On the topic of Luther:
"Famous Christians often thought to have suffered from scrupulosity include Martin Luther, who spear-headed the Protestant Reformation, and John Bunyan, author of one of the most influential of all Christian books, Pilgrims Progress. If so, it highlights how Christians can not only survive but spiritually thrive despite this
affliction. The Almighty can turn this horror on its head, even bringing incalculable good out of a most distressing illness. This most certainly does not mean, however, that the God of love who went to the extreme of the cross wants anyone to suffer the
torment of believing they are unforgivable – to say nothing of the fact that such a belief insults our Savior.
"It is well known that in his early days as a monk, Luther was overwhelmed by feelings of utter depravity and terror of judgment. It is claimed that, despite desperately wanting to please God, he was assaulted by anger and hatred towards God, urges to curse God and, during prayer, obsessing about the devil’s rear end. It is frequently
told how he threw an inkpot at a vision of the devil, but less well publicized is that he also threw an inkpot at a vision of Christ. I can only speculate, but perhaps Luther’s violent reaction was because the vision of Christ was sexual or in some other way grossly insulting to Christ. The great reformer often suffered such depression that he
wished he had never been born."
Too late for this one. Proverbs would probably disapprove of social media. Some people take this to an extreme and then life is boring.
So common wisdom of "let it out" isn't actually true. Actually I have heard that angry outbursts cause more angry outbursts in the future.
So some people are in the "don't bottle it up" camp and others are in the "don't establish patterns of anger".
That sounds like a interesting project.
There's a thing called an architect light box where you copy a drawing over the light. It's useful for adding floors to existing drawings.
So I'm imagining your text editor in the background finding similar info.
I hope he's looking. Consulting Nostr is a wonderful thing.
Do you see any ideological pressures in the Islamic world to shun Bitcoin now that the US is embracing it?
I did see some tweet that said the only article that IMF objected to was a law in ES to make every vendor HAVE to accept Bitcoin.
If that's true, I don't see any problem dropping a law that requires Bitcoin acceptance
I didn't know there was a bug.
Is the retard behind the wheel myself and I'm looking past him somehow?
What to say to a friend from Pakistan who thinks that Bitcoin is now just a way for the US to rugpull the world? He thinks it's better to buy gold now.
It seems US government aligning with Bitcoin is turning away people who are wary of the US.
This is a very kind, peaceful person that I would never say "HFSP" to so I wish there was some resource to point to that he would trust.
this poem was Scotch taped to the piano teacher's door:
"I will not die an unlived life.
I will not live in fear
of falling or catching fire.
I choose to inhabit my days,
to allow my living to open me,
to make me less afraid,
more accessible,
to loosen my heart
until it becomes a wing,
a torch, a promise.
I choose to risk my significance,
to live so that which came to me as seed
goes to the next as blossom,
and that which came to me as blossom,
goes on as fruit.""
Dawn Markova
the other thing that comes to mind is:
"Your vocation in life is where your greatest joy meets the world's greatest need."--Frederick Buechner
so in Buechner's definition you aren't fungible or interchangeable with someone else.
there is this poem "Lehne jedes Ehrenamt gleich ab" or something that talks about this trade-off.
...
"Wieviel Mühen, Sorgen, Plagenwieviel Ärger musst Du tragen;
gibst viel Geld aus, opferst Zeit -
und der Lohn? Undankbarkeit!
Ohne Amt lebst Du so friedlich
und so ruhig und so gemütlich,
Du sparst Kraft und Geld und Zeit,
wirst geachtet weit und breit."
...
Ehrenamt (Busch)