Am I supposed to believe that the FDIC has like a savings account somewhere with billions of dollars in it?... because I don't 🤣

Anyone know where the money is coming from so i don't have to read about the FDIC?

They're going to fucking bail them out again, aren't they?

*FDIC AIMS TO RETURN SOME UNINSURED SVB DEPOSITS POSSIBLY MONDAY

My fiat buddy who works for Schwab reached out yesterday… said “this Silvergate / SVB fallout is crazy”

Keep in mind, this is someone I’ve been trying to Orange Pill for 2 years…

Soon…. 🍊 💊 ✊🏻

What's going on with USDT?

How do you imagine that Nostr could/will break out into the mainstream?

What’s your current car?

#[0]

When governments are too powerful, institutions become corrupted.

Matt Hancock was UK’s Health Secretary during the “cough cough”. Here is one of the leaked messages coming out. This all the proof you need elected politicians will lie to the people. What else do politicians lie about?

RIDDLE TIME

Prize: 69,000 sats awarded to the first correct answer.

A tiger, a monkey and a banana must be ferried to the other side of a river.

You have a small boat, which is not large enough to take more than one of them.

If you leave the tiger with the monkey, the tiger will eat the monkey.

If you leave the monkey with the banana, the monkey will eat the banana.

How do you get all 3 across the river?

Through capitalism. By creating services that solves the markets problems by way of the market test: charging money for them at a sustainable rate.

Examples:

- private relays charging monthly or in a metered fashion

- clients charging in-app money for additional features

- protocol devs raising grants and donations

“creating a false illusion of what Bitcoin is”

Bitcoin can be more than one thing at once. It's both a way to protect a fortune as well as a way to easily send and receive a few sats. And it's ok if you don't use the technology in the same way for both needs.

Name | 5 Letters

R

How would it apply to 1 sat zaps?

The majority of traders, and overseers of the broader financial layer in general, don't care too much about underlying fundamentals. Instead, they focus on market structure and want to trade digital pieces of paper within a multi-week window.

As such, many of them look at "blockchain technology" and ask "how can this improve trading settlement times from three days to a few hours?" That's why a lot of Wall St people are into "crypto". They view it as a better set of procedures for fiat settlement.

Very few are interested in changing the underlying money. Few know what money is. This remains a niche focus, of which I'm all in.