“Lending money to banks against depressed assets to prevent them from marking their losses to the market is nothing more than accounting alchemy…”
Wen infographic?
May your venture be successful!
“It will be a long and difficult journey to ensure that Bitcoin is not co-opted by the negative forces of centralization.”
“Bitcoin is not a way to make more dollars, it’s a way to make dollars irrelevant.”
“Unnecessary complexity is a problem in the fiat world that encourages dependency rather than agency.”
“Every previous revolution has been focused on which group wields power — Bitcoin can help us change the relationship we have with power itself.”
“Legacy networks have real problems that need to be solved now, and that’s what we’re executing on everyday through the lens of decentralization. That starts empowering the creator economy to take ownership of their content, their data and their communities and build something that is truly their own,” Rezvani said.
“In a world where the cost of content is going to zero, you need something to signal the most impactful pieces of content. If someone is creating something meaningful that is resonating with their audience, it should be recognized and rewarded.”
Just another word for value.😊
Value is what accords with integrity when viewed in the present, and is likely to endure into the future. It is the synthesis of moral and economic worth.
Correction to avoid repeated use of ‘value’:
Value is what accords with integrity when viewed in the present, and is likely to endure into the future. It is the synthesis of moral and economic worth.
Value is what accords with integrity when viewed in the present, and is likely to endure into the future. It is the synthesis of moral and economic value.
“The question, then, is not how to provide easy money, but how to bring forth the opportunities, how to mobilise the supply of innovation, how to activate entrepreneurship both public and private. The opportunities will bring forth the money toward better purposes.”
“…finance is not neutral, its form and structure matters.”
“As the underlying issues in our economy are exposed by recent banking failures, Bitcoin stands as a trustless, alternative money.”
“The "decisive actions" to protect depositors' savings is a welcome move; but also a showcase example of why Bitcoin was created. The “Chancellor on the Brink” message included within the genesis block was an express comment by Satoshi Nakamoto on their inspiration for the technology. We now see a new iteration of this inevitable consequence of fiat currency systems: and so a new point of evidence for why Bitcoin exists.”
The good news: the ugly symptoms of our broken monetary system have been addressed .i.e. decisive action over the weekend by the regulators re: SVB and Signature will restore confidence.
The bad news: we still have a broken monetary system.
“Periods during which low-cost finance is widely available but there are few profitable opportunities in the real economy will result in unproductive paper bubbles.”