Fractional reserve banking doesn't create money. Not sure where this absurdity came from. Banks create promises, that's fine everyone creates promise, I can promise you I'll help you with moving house next weekend for sure. Sometimes I don't keep my promises and sometimes bank don't keep theirs.
https://en.m.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Bank
The cashu/ecash that some bitcoiners promote is exactly the same thing btw.
Fractional reserve banking doesn't create money. Not sure where this absurdity came from. Banks create promises, that's fine everyone creates promise, I can promise you I'll help you with moving house next weekend for sure. Sometimes I don't keep my promises and sometimes bank don't keep theirs.
https://en.m.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Bank
The port is blocked: https://x.com/SimpleXChat/status/1835072004921475219
That's the Mastodon bridge since it wasn't posted on Nostr, and your reply doesn't appear to have gone through on it.
You can run SMP on any port, including 443.
I'm a genius I know bow to me now.
Why not put your simplex address into your profile.
Lol what do you mean "blocked".
If your landlord doesn't take cash that's a problem between you and your landlord.
You can use to your own money anyway you like. You are the one that wants to use *their* systems.
"Mutards" a new set of users to lampoon in addition to cointards.
I thought you had muted me. How is it that you can still reply to my note.
> press a button for 8 hours
How some people spend their time.
Why do nostr users announce that they want to mute someone? What are they hoping to achieve? Do they know this is not Twitter and the ostensibly "muted" user's notes are still available for viewing by everyone else?
Aaron Swartz would have loved nostr.
Effectively the culmination of his life’s work.
1999: At the age of 12, he co-authored the RSS 1.0 specification, which is a format for syndicating web content.
2000: Swartz became a member of the Creative Commons organization, which aims to expand the range of creative works available for others to build upon legally.
2002: He founded the Infogami platform, which later merged with Reddit.
2005: Swartz joined Reddit as a co-founder after a merger with Infogami.
2006: He left Reddit and began working on various projects, including the development of the web application framework, "Open Library," which aimed to create a web page for every book ever published.
2008: Swartz was involved in the development of the "Demand Progress" organization, which focused on issues related to internet freedom and government transparency.
2010: He played a significant role in the campaign against the Stop Online Piracy Act (SOPA) and the Protect IP Act (PIPA), advocating for internet freedom. He also developed a tool that allowed users to download large amounts of data from PACER (Public Access to Court Electronic Records), which was typically behind a paywall.
2011: Swartz was arrested for downloading a large number of academic journal articles from JSTOR with the intent to distribute them freely. The U.S. Attorney's Office in Massachusetts pursued the case against Swartz, and he faced the possibility of severe penalties, including up to 35 years in prison.
2012: On January 11, Aaron Swartz tragically passed away at the age of 26. He allegedly took his own life due to the pressure of government prosecution.
https://cdn.satellite.earth/43780cc29e73f0ac8a226aba6e3ca93422a9022c4b27422995e5b99127d8d900.mp4
Aaron Swartz was a wanker with a ginormous sense of entitlement.
His contributions were very modest. Infogami was nothing much at all and he only got into Reddit for a favor that Paul Graham owed Aaron's father.
His interest in "free books" grew out of his sense of entitlement that others owed him the fruits of their labor.
Aaron Swartz, the legend, grew out of Aaron Swartz, the realm life person, to fill a need for heroes and role models in the same culture of nincompoops that made the fictional Satoshi Nakamoto a prophet.
Fiat money is also used to scam people, right left and center. But I can also buy food with it.
The perception and reality of Bitcoin is that other than crypto bro scammers, it has no use.
In China, many social media users began using the meme "garbage time" (a sports terminology) to criticize the state of the economy.
As that meme grew here in 2024, China's central authorities began cracking down on it.
But many Chinese citizens are adept at moving around censorship. When desiring to criticize the current state of the Chinese economy, many of them will instead bring up historical examples of prior Chinese dynasties that made similar errors, and draw clear parallels to the present, while maintaining plausible deniability and difficulty of censorship.
Pretty interesting. My hat is off to the Chinese social media users working around top-down censorship with memes and historical analogies.
https://www.nytimes.com/2024/09/13/world/asia/china-economy-garbage-time.html
> As that meme grew here
"Here"? Here where.