Lol I see you have yet to master the Jewish art of sarcasm. Get f’ed
Thanks for validating that I’m not paranoid and there are in fact still plenty of antisemites and bigots out there! You’re the best!
Got it. Thought you were talking about the company’s cold storage
Shabbat Shalom, my fellow Jewish nostriches! And to all the anti-Semites out there: your wives are ugly 😘
How do you see it keeping that in check? Not sure I’m following
#Bitcoin is best understood as a monetary good, not a payment technology
“Eric Bachmann. This a your mom. I no love you anymore” Jian Yang
I would say “enabled” for both vs. “backed”
I get that. But how then, do you think lending would work on a Bitcoin standard?
Any #Bitcoin or #Nostr projects looking for people with strong business and TradFi / consulting backgrounds? Drop me a line
What’s to say that even on a #Bitcoin standard, fractional reserve banking wouldn’t emerge?
Got it now. Had to update the app on Test Flight
I think it’s a helpful visual of why SVB failed. HTM securities aren’t marked to market, so it’s harder to see what they’re actually worth
The image is uploaded using Nostr.build, and removes metadata. Your “tweets” - or more accurately, “events,” are posted to and visible from any relays that you are connected to. Anyone can host a relay, so it’s very different than the big corporate server model.
Somebody else can give a more technical explanation than I can
Great visual
My approach to stacking sats:
1️⃣ DCA every 2 weeks using direct deposit capability
2️⃣ Immediately send the DCA’d sats to my cold storage wallet
3️⃣ Use Sparrow wallet on Desktop and Blue Wallet on mobile to view balances and make transactions (fully self-hosted, over Tor)
4️⃣ Occasionally top-up my Wallet of Satoshi hot wallet with some sats from my cold wallet for Lightning payments (not yet self-hosted)
Why am I not seeing the image upload feature in Damus? I’m on Test pilot. Signed out and signed back in