“The goal is to get better policy by getting better journalism by getting better research.”

My favorite page on the StLouisFed .org (FRED) site:

"Buying eggs with bitcoins."

Since they started keeping track in January 2015 through July 2024, the price of a dozen eggs:

- In US dollars: Up +46.0%, from $2.11 to $3.08.

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- In #bitcoin: Down -99.5%, from 925,406 sats to 4,903 sats.

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CONCLUSION: Life gets ever more expensive the longer you save in dollars (or any government fiat currency), while it generally gets (much) cheaper the longer you save in #bitcoin.

Inflationary fiat currency versus neutral inelastic energy money...

The choice is yours.

I've just published the draft NIP to bring highly secure DM and group messaging to Nostr via the MLS protocol.

I've been studying this space for months now and after looking at a lot of different options, MLS (messaging layer security) stood out as the right way to approach solving DMs and group messages. It's highly scalable, an internet standard, and allows for graceful upgrading over time.

Done right – this NIP allows us to build extremely secure, uncensorable messaging clients that have no centralized coordinators or servers. Which is what I plan to do next. 😉