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#Bitcoin | 方法总比困难多 | ความรู้สึกขอบคุณ | Human Flourishing Maximalist 🧡💜🤙🏿⚡️ 🎨📸🤸🏾‍♀️📚📱🔮 Maze Artist | Photographer | Capoeirista | Storyteller | Technologist | Alchemist Original Art | Prints | Photography - DM for interest

So are bitcoiners going to give Biden credit for getting us the Bitcoin ETF and the release of Julian Assange?

Trump could have pushed for either or both from his bully pulpit. But he didn’t…🤔

Funny how Trump is champion for #Bitcoin all of sudden after all the work to take Bitcoin mainstream (making it that much harder to attack) has happened under Biden.

Funny how Trump was and continues to be SILENT about Assange & Ulbricht and yet somehow Assange is now walking as a free man under Biden’s watch.

I guess this is all just the funny thing about funny things huh 🤔🤷🏿‍♂️

nostr:npub164q45vfa8prpl7f63stsl9qm9n22v6julkasjdqxjc8kevchsj0sp42rl3

Thanks! I just rediscovered this photo. One of my very early ones.

THE WALKING MAN

Lhasa, Tibet 2006

#Photostr #Plebchain #Photography

I thought I would be different somehow with an art focused account (posts and follows)😩. I’m actually kind of shocked at the kind of content they are pushing - super unhealthy even for the adult mind, let alone teenagers or kids - cuz I have strong suspicions that they feed this shit to EVERYONE one way or another…

Started an art account on IG, it only really follows a few friends and other IG accounts. Yet SOMEHOW, the algorithm is switches to feeding me ONLY super cringey thot content if I scroll past the first 3-4 art posts.

Actually in generally, IG gets super weird / dark / sexual / all of the above if I scroll past a few posts on either my art account or my regular account.

The algorithm is f*cking gross.

#Plebchain

Can confirm - big true nostr:note1hk2588lugh3zz4nsg7r3c3yjhryxed5v8amkudn7c5z3hqwu0cjqkcjfzv

MID ATLANTIC TROPICAl

#Summerstr #Bloomsday #Photostr #Artstr #ArtOnNostr #NostrArt #GrowNostr

EVENING GLOW

#Summerstr #Bloomsday #Photostr #Artstr #ArtOnNostr #NostrArt #GrowNostr

Buttcoin’s answer: “You are from Iran, you SHOULDNT be able to use Apple Pay/Paypal/Visa/Master…overthrow your leaders, replace them with a CIA backed kleptocracy, and supplicate yourself and your children’s children to IMF serfdom and MAYBE your payments access situation will improve, you urchin!”

My wife and I made it to two martial arts classes yesterday (Capoeira and Muay Thai), had an impromptu fancy date night at a trendy latin spot (in our Muay Thai fits), and then capped off the day with yoga before bed.

#BLOOMING #Plebchain

THIS IS DEEP nostr:note1jfmzks93rkrkhk95e3ak9r2z0cs55lr22702nypyhhkn5j0vx22qhn8g70

The article from The Wall Street Journal, titled "Crypto Could Stave Off a U.S. Debt Crisis" by Paul D. Ryan, discusses how the U.S. might mitigate its looming debt crisis through the adoption of dollar-backed stablecoins. Key points include:

1. **Debt Crisis Trajectory**: The U.S. is on a path towards a severe debt crisis without fiscal reform. A failed Treasury auction could trigger an economic downturn, causing a significant devaluation of the dollar.

2. **Stablecoins as a Solution**: Dollar-backed stablecoins could boost demand for U.S. public debt and maintain the dollar’s global dominance. These stablecoins, backed by U.S. dollars, would serve as a reliable asset in the digital economy.

3. **Global Trends**: Other countries, notably China, are advancing their digital currency initiatives. The U.S. risks falling behind if it does not innovate and embrace digital currencies.

4. **Implementation Strategy**: The U.S. should promote stablecoins by updating financial regulations and providing clear guidelines. This would enhance the stability and attractiveness of U.S. financial assets globally.

5. **Economic Impact**: Adopting stablecoins could increase global demand for dollars, reduce dependency on traditional Treasury debt, and offer a new avenue for economic growth.

6. **Policy Recommendations**: The article suggests immediate policy actions to support stablecoins, which could help prevent a fiscal crisis and secure the U.S.'s financial future.

The author concludes that embracing stablecoins could provide the U.S. with much-needed economic stability and maintain its competitive edge in the global financial system.

While giving a bitcoin 101 at an economic event at a country club a few days ago, I had to explain to a professional financial advisor from a unit value perspective no money/currency is stable.

The unit value of a money only has meaning in relation to the goods and services it can procure. At the micro, this is an endlessly dynamic calculation based on individual preferences and situational factors aggregated across the entire economy.

While at the macro, a money either looses or gains purchasing power on a unit basis over time. It cannot be any other way, technological progress (collapsing marginal costs) REQUIRES this.

In short - stablecoins are stupid and meaningless because the dollar does not have an objective, static, universal value - what people call stability is just being the most slowly sinking ship.

It is beyond me that people don’t understand that a “stablecoin” in terms of unit value is not a thing that can exist.