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ThePMC
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The Postmodern Caveman (PMC) is an anachronism, suggesting our survival in this precarious, modern world must be simultaneously technological and basic.

Sounds promising, but I don't know what it means to 'buy hashrate' or 'send to mining pool account.' Not to be a pain, but could you please link to documentation? I want to learn! πŸ˜…

Dear #Nostr community: please describe your experience buying or selling #BTC for fiat in the cash app. Good, bad, indifferent? How high are the fees? Any "gotchas," restrictions or privacy leaks I should know about? Recommended alternatives?

#Openquestion #Newb #Help

A local business will deliver baby goats to your event - it's a mobile petting zoo! What will they think of next? 🐐

Ok, thanks for the reply. I have stayed away from Coinbase bc their fees are so high. I think Coinbase and Circle also get a bad rap bc they're kinda cosy with the US regulators. I know that sounds odd given that the SEC is suing Coinbase. Nevertheless, Coinbase does a lot of lobbying at the Federal level, which is probably a smart move for the company; but I can see how it may not jive with the philosophy of a lot of crypto hodlers..

Hi, nostr:npub1qpdufhjpel94srm3ett2azgf49m9dp3n5nm2j0rt0l2mlmc3ux3qza082j, can you recommend a safe, low-fee, fiat-to-crypto on-ramp? I was using Binance US until they ran into problems, and their banking partners bailed on them. I've been dragging my feet about setting up a new exchange account. Thinking I may go with Kraken, but I would prefer something simpler if it doesn't involve crazy-high transaction fees. Thoughts?

Question for the #Nostr, #BTC, #Lightningnetwork community: what's your favorite fiat-to-crypto on ramp & vice versa? Looking for safe, low-fee options in the US. Thinking about a Kraken acct, but would prefer something easier to set up.

Who knew spooky could look so alluring? 🌝

>>Federal Reserve Double Talk<<

"The Fed doesn't have a secret lab where they are developing a digital currency," quips Federal Reserve Chairman, Jerome Powell at the FOMC press conference, 03-20-24

"The Federal Reserve will continue to explore a wide range of design options for a CBDC." - Published by the Fed in a paper titled "Money and Payments: the US Dollar in the Age of Digital Transformation," pg 17, Jan. 2022

Sources:

https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf

https://www.bloomberg.com/news/live-blog/2024-03-20/fomc-rate-decision-and-fed-chair-news-conference?cursorId=65FB35EEB21C0003

The US Senate debate over legislation to ban Tik Tok includes an important discussion about fundamental issues, especially the impact on free speech. Rand Paul's comments start at 13:50. Spoiler alert: Paul's comments are the best part πŸ˜‰

https://youtu.be/PPFE4YvCQC0?feature=shared

Well said, nostr:npub18ams6ewn5aj2n3wt2qawzglx9mr4nzksxhvrdc4gzrecw7n5tvjqctp424! I'm a #NOSTRNEWB too, and there's a lot to wrap one's head around upon touchdown in the NOSTR playground. We need a variety of people, interests, and points-of-view for NOSTR to realize widespread adoption. Right now it seems like NOSTR is mostly for developers and #BTC enthusiasts. I'm not a dev, but I do believe in the core principles of #BTC, freedom and decentralization. nostr:npub1mj2n5g2gsq4rhcqwmgegvux42dq5alfp3gv4zw8jnuw06zdwelysxxz5r2, you don't have to be a #BTC maxie to hang out here. Your voice is important regardless of how many zaps you give or receive. Thanks for giving #NOSTR a chance. I'm glad you're here!

I'm going to answer my own question, but I'm still very interested in others' point of view. After initial consideration, I think Pal is mostly regurgitating ideas Michael Saylor has been saying for years. Pal is more charismatic, and fun to listen to. His talks are more motivating than Saylor. Pal turns a few dials and knobs to make his thesis less plagiarized. Nevertheless, I think the core of his thesis has already been articulated by Saylor for the last 3+ years, ie - the growth of the M2 money supply is the leading indicator for inflation. He compares the risk-free rate with rising inflation to demonstrate the relative low performance of all other assets compared to #BTC. Ergo investors can wait for inflation to eat into returns on all other assets or buy an asset, BTC, whose price can (and has) superceded inflation sufficiently to compensate investors for the added volatility of the BTC price.