I recently found myself thinking of how to fix the insider trading dilemma. It’s seemingly an impossible task to tell a politician or Wall Street insider they cannot profit on trades based on insider information. They may not be able to do it themselves, but of course then they can tell family members or friends of this inside information, and let them make the trades to make them rich, and share it with the person giving them the information. What then? Prevent family and friends from using any inside information to make trades. How much time and effort would be spent to chase that down? It’s a vicious and impossible circle in my mind. Maybe these are a solution;
1) Every trade is immediately, and completely traceable on a public blockchain for everybody to have access to. No place to hide, and no 45 day waiting period to disclosure.
2) Or Let insider trading just happen. The weight of dishonestly in the markets will collapse the entire system as the public discovers that it is so fixed, it makes no sense to be in it.
What is America thinking to create more money to build weapons of mass destruction to send to other countries. How many of those weapons will end up in the hands of our enemies anyway, just as they did in Afghanistan. Meanwhile people are pouring into the US, via our southern borders illegally, without any documentation of whom these people are, or where they came from. I don’t mind that people in the world want to come to America. I would welcome those hard working, honest people and families to help build America into a great nation. But why can it not be done in an organized, and safe way for all of us Americans. There are too many to fast, and not enough infrastructure to house them safely. They should be properly vetted, and approved for entry in their own countries before they waist their time making the long trip to come here. This is where we should spend our money. Not for weapons of WAR!
Yes, self custody or at very least transfer it out to your own wallet and back to the exchange at some regular basis to prove they still have it. Would be best to have a quarterly day that everybody on an exchange does that to prove they have it. Other than that, multisig exchanges that can’t spend your Bitcoin unless they have your signing key.
Had same experience in Florida last year. Uber picked me up at the Airport in Orlando for a ride 2 hrs. Away along the East Coast. When the Uber driver arrived to pick me up, he did not seem to know at first where he was taking me. After loading my bags in his car, he said, “Oh no, I can’t do this ride, that’s too far. Uber will not pay me enough for this ride. They take too much away from me for their fee. I would never be able to get a fair back from there.” I asked, what can I do. He told me that any Uber or Lyft driver in this area will tell me the same thing. But he offered a solution. He said if I would cancel the ride with Uber, that he would make the trip with me for the same as I was paying Uber. I threw caution to the wind, and took him up on that. I can see how that could go terribly wrong, but it didn’t, and the driver was terrific. I even took his number and had him pick me up at the destination and take me back to the airport without going thru the Uber App.
SIMPLY SESSIONS - Going live with all the latest news in a few minutes! Check it out LIVE here on Nostr, or using the YouTube link below!
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Don’t let banks tell you how you can spend your hard earned money. Give an inch, and they will take a mile. Buy Bitcoin.
Wrote my congress persons today, letting them know I support responsible cryptocurrency regulation in the USA, that supports the right of Americans to have financial freedom from the tyranny of the US dollar. Fell on deaf ears I’ll bet. After all, they are very old congress people, that just don’t get it. They’re just lined up at the government printing press, collecting their fiat before everybody else, just like clockwork. Why would they want to do anything to change that.
Not for dollars. I’d buy a round of drinks for my friends at my favorite sports bar, that excepts Sats as payment.
Miner reputation scores. Miners with a better reputation of balancing mined transactions of higher and lower fee’s earn a better reputation and therefore a better chance to win a block reward.
Don’t worry folks: There is an infinite amount of cash at the federal reserve. https://video.nostr.build/3a796550deceb2c32c1488a6c8cdca77985bce2ab109ccdf28c2ac52b9bebf7f.mov
In this case, isn’t taxation a waist of time and energy by everyone. Stop Taxation, start printing your way out of debt. Abolish all Federal and State Tax collecting agencies. You don’t need them. The Federal Reserve will print all the money you need. Can you imagine getting rid of all the stupid paperwork, figuring out stupid tax codes, and transferring money back and forth between yourself and government agencies. Screw it all. Just print it.
Bitcoin is the peoples money. The Fiat system has been confiscated by the rich and powerful. The fiat system is set up now to keep the wealth with the privileged and connected. Bitcoin will naturally filter into the hands of the people that most need it, and level the playing field in ways that can never be confiscated again.
I’m not a techy. I run a lightning and a bitcoin node. Opening channels is a breeze. Closing them in the past had been somewhat glitchy. No problems recently however. I use it regularly for small payments in and out of games I play with my regular Lightning wallet. Also use CashApp for some larger payments. I think Tipping, Usage payments, and Micro Payments is where Lightning will really shine.
I see that Blackrock is a major holder of stock in 4 mining companies. Figure they will have 1st rights on purchase of coins from them. Important now that everybody who can starts mining with whatever they can to prevent them from cornering the available market for coins.
I don’t know how everybody else feels about stable coins, but I think it’s a bunch of baloney. Sure it facilitates cross boarder payment, without fluctuation of value in terms of the US dollar. Get that! But of coarse the Value of the dollar is in constant fluctuation with the value of other world fiat currencies around the world. The world will be much better off, when commodities, and services are valued in Bitcoin. Who gives a rat’s ass, what Bitcoin is worth in dollars.
BREAKING: New report from the Wall Street Journal shows that SpaceX has sold its #Bitcoin holdings, originally acquired in 2021.
https://cointelegraph.com/news/spacex-sold-bitcoin-acquired-2021-2022-report
Wonder what Elon will do with all them worthless dollars he got for that precious Bitcoin
Next time you touch the toilet seat in a public bathroom, they’ll know you were there, so make sure you clean up real good after use.
I say trade your Bitcoin for product or services, with other bitcoiners. Never trade it for Fiat currencies or any other shitcoin.
How slick is the nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg zap button?! Checkout this video.
Here’s the best part of Nostr: I couldn’t quickly post this video on Primal yet, so I went to nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 and made the post. Together we are stronger... “Open networks always win!” - nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle https://nostr.build/av/71526684431c104e0480d35a4550a35f93cfc6f462f490bc1d9a1087eea90b3f.mov
Will primal be allowed to do this on IOS
Hmm! Guess it will be same as all Pandemic money that was given out. After all gone and spent, they will wonder where it all went, and create congressional committee to see if they can get it back
Your registered in a way that will follow you to your death bed. Should you ever do or say anything against the criminality of the persons running things you can be permanently excluded from the ability to provide for yourself or your family.
