Inflation is so weird. I constantly catch myself thinking... was it always that expensive? How long ago was it cheaper? Such a mindfuck.

Your top 5 cypherpunk movies, go:

FedNow is worse then a CBDC

I don’t disagree, but so far, no other company has created competing technology to satisfy our needs. So if Starlink allows me to participate in bitcoin until better incentives emerge for more sustainable high speed internet in rural areas, I’ll take it!

People jumping from centralized Twitter to centralized Substack notes 🤦

Ironically, Elon's fear of competition makes me want to opt out even more

All true.

Except for SpaceX; these reusable rockets actually do work and are a remarkable piece of engineering (not by him personally, but still).

Tesla on the other hand is a major scam. Always has been

hahaha is that so?? this version sounds cool imo😂😂

I need a British #nostrich to verify this 😂

What’s the pronunciation of #Nostr? Only the most messed up pronunciations only.

Damn… shitcoiners are here.

I’m not gonna give those shitcoiners the benefit of sharing a screenshot, but they’re leaving spam replies on posts now.

Will be fun to see how the nostr convo changes when more nocoiners join

Hello fellow unhosted wallet enthusiasts 🦶

I've tried a lot of mobile wallets - Zeus is the best by a long shot.

If you think "Chinese" is a race, not a nationality, maybe you're the racist

Slowest part.

Killin it. I bet there have been a lot of good meals with those other bottles!

Back in the 1930s and 1940s, there were a lot of capital controls, lending restrictions, securities restrictions, etc. And it was for two different but intertwined reasons.

One obvious reason was that, among countries involved in trade wars or shooting wars, they wanted to reduce capital flows to the enemy.

A second reason was that, due to the war, sovereign debts became so high relative to GDP that they had to inflate away the debt, which was a form of default. It wasn't just 6102; it was a broad range of controls. Carmen Reinhart described it well as “creating a captive audience” in an

IMF Working paper:

“High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative ½ of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.”

-IMF Working Paper No. 2015/007

Unfortunately, as most here know, both conditions are once again present in the 2020s. The US/Europe vs Russia/China contest is providing a useful excuse for governments to crack down on privacy, p2p exchange, money transfer, etc. Meanwhile, western governments have a similar sovereign debt problem that ultimately necessitates inflating the debt away.

Some of this Operation Chokepoint 2.0 stuff is just targeting scammy crypto companies and things like that. And the SEC enforcement actions are also going after crypto securities fraud and so forth. For bitcoiners, those things are not particularly relevant.

But under the surface, the bigger risk is all of the ongoing pressure on privacy, p2p, and the free flow of capital, including tighter bank restrictions and debanking.

Once you start getting paid in #Bitcoin

This is all you see 🍇🍷🧡

This is not the case for copyright, at least in the US. You do lose patent, trademark, and trade secret, for failing to defend, but not copyright. One loses the right to collect damages against parties who infringe too long, but not new parties. (Except if there’s a case that could rise to the level of creating a latches defense, but that’s different than losing the right, and is pretty unique).

That said, CSW is fraudulently claiming copyright, so it’s a moot point with regard to him.

Weird this reply was supposed to be under your 100k SATs and fees note

#[3]

Meh not worried. Will consolidate later and use postmix tools, but they are meant to be spent!

This goes to show smart and wise are not the same.