These could be smaller.

Bitcoin+nostr > gold + Galt's Gulch

THE NOSTR REPORT

NO BAILOUT, UNLIMITED FUNDS INSTEAD

Mar 13, 2023

Block Height: 780,686

Moscow Time: 41:29 ⚡/ $

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🎙️Quote of the Day🎙️

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#[0]

“if it can be abused, it will be abused”

#[1]

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🚨Headline Nostr News🚨

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#[2] introducing the worlds first Nostr Signing Device! 🗝️Protect those keys🗝️

#[3]

#[4] announces Amethyst update that enables support for multiple accounts, support for .mov previews, and more. 🤹‍♀️🤹‍♂️

#[5]

#[6] Barney Frank openly admits that Signature was arbitrarily shuttered despite no insolvency because regulators wanted to kill off the last major pro-crypto bank. Colossal scandal. 🚩🚨 🚩

#[7]

#[8] HSBC to buy SVB UK for £1. 😑

#[9]

#[10] Don’t miss Plebchain Radio this Thursday at 9:30PM EDT. This week features #[11] and debuts a recurring segment with members of the Nostr Report Team. 📻

#[12]

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🏝️Nostrica Update🏝️

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#[13] Start thinking about questions you might have to ask relay operators that will be interviewed at #Nostrica. 🌴🐠🥭🍍🍹

#[15]

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💻nostr Tech💻

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#[16] The open nature of Nostr and open source software is on display as Semisol launches fork of Snort client, citing concerns over Snort blocking display of zaps on his posts. This apparently came after Semisol demonstrated on another post how zaps could be manipulated without actually being paid, and Snort subsequently flagged his public key for spamming zaps. Semisol says his fork will be the same as regular Snort with a few patches for things like optionally hiding likes. 🍴

#[17]

#[18] shares new Nostr client, Primal. Says their explore tab has a plethora of information.

#[19]

#[20] Medical data over Nostr? NIP82 introduces the concept of private exchange if medical data with consent management and access revocation. 🏥🩺

#[21]

#[22] Demo of WebRTC over Nostr.

#[23]

#[24] Zeus gives preview of new contacts feature. ⛈️

#[25]

#[26] Block begins beta testing their self-custody wallet. 👛

#[27]

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🔥🔥Meme of the Day🔥🔥

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#[28]

#[29]

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Stay Classy Nostr.

Cramer, who said three days ago that FRC is a "very good bank" says sell your bitcoin.

Remember sanctions on Russia? Didn't hear about their banks failing. This plan is working out great......

Just received an "everything is fine, we're fine" email from my local bank

Hello, this is Top P from the afterlife.

I am ded.

Agreed when the insurance is free.

Disagree when you have to pay for an insurance.

A good insurance company should be capable to offer a rate high enough to disincentive bad behavior, and low enough to be financially viable as an hedge vs ruin caused by edge cases.

⚡️Zap Contest⚡️

1.) Share/Boost/Repost this Post!!

2.) Post a picture of around your city , example buildings or nature.

5 post will receive 1,000 ⚡️

1 hour on the clock!! ⏲️

Don't forget to share/boost the post!!

Follow me for contest every Monday and Friday @ 12PM EST / 5:00PM UTC 💜🧡

Soon we won't even have to try, people will orange pill themselves in droves.

#[0]

Goldman on bank bailout: "An open question is whether the FDIC would continue to address other institutions in the same manner if they are of smaller size than the two banks in question." Great, more "open questions"

daylight savings is wack

Once you do one bailout, you end up in a dilemma.

If you don't bailout this time, why not? You were suppose to. To "protect consumers", by diluting all your citizens.

If you do bailouts, then banks have 0 incentive to manage risk. It would be stupid not to take max risk for max returns, and split the rewards as soon as you get them. When you fail, you get a bailout.

Bailouts encourage taking bigger and bigger risks, which require more bailouts...

Tricky problem...

"When" are you?

What’s your current time?

Mine is 11:16 p.m.

QE only makes bitcoin win faster.

I'm not interested in dragging this for too long.

Write every bank a big cheque for all I care.

Accelerate.