For the record, it’s about a full day past my GM time, this was meant as a reminder to do not click “like” or “zap”, but reply with words and message. GMs are like gems, the more you give, the more you accumulate!

nostr:note1yu63cczzhl4kz4ge74s4q2q2c8764yvt75sg7593e9jpqerh4hlqph0qsu

Think not lightly of evil, saying, “It will not come to me.” Drop by drop is the water pot filled. Likewise, the fool, gathering it little by little, fills themselves with evil.

Think not lightly of good, saying, “It will not come to me.” Drop by drop is the water pot filled. Likewise, the wise one, gathering it little by little, fills themselves with good.

— Dhammapada Chapter IX, Verses 121-122 (translated from the Pali by Acharya Buddharakkhita with gender-neutral corrections based on the original Pali by Ava)

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Key terms:

- "Bālo" (fool) - can refer to any gender

- "Dhīro" (wise one) - traditionally masculine form, though the concept isn't inherently gendered

#IKITAO #Karma #BuddhistWisdom

First time here, from a meet up checking in!

Nice to meet you 🤝

First Mother's Day in freedom. So good to be with my mom yesterday. She did so much to free me and never gave up on me. I hearby nominate her for mother of the century!

Is there such thing as a steak with too much fat

GM,Nostriches! How are you doing today?

This week is promising! I’ve got so many tech events to attend and work at.

I’m super excited as well!

Wishing you all an amazing Monday!

Love you! 😘

GM

Gm #nostr

what prevented a competing bank from forming and charging slightly lower fees and breaking that monopoly? could it be that a high barrier of laws and regulations ensure that it is too difficult to start a new, experimental, competive bank? (or one which otherwise upsets the entrenched interests who exist close to the State power centers?)

I would wager that it isn't "hard to start a bank" because the service itself is difficult to run, but rather because of laws and regulations that claim to "protect the customer". If I'm right about that, then the laws are clearly achieving the opposite of their goal if a monopoly was able to form and persist without natural competition doing its work.

The aim of entrepreneur in a free market is to come along and find a way to provide the same service cheaper, or a better service for the same price by reducing input costs (thereby drawing away customers from the higher cost product). when that opportunity exists, someone WILL take it, if it's open to them. why wouldn't they?

if, in a free market, productivity doesn't increase / prices don't come down there can only be two reaons why: you found the bottom. OR: someone is coercievly intervening (and the market is no longer free).

a free market doesn't create competition. competition is the base nature of free individuals trading freely with eachother. competion creates the free market - monopolistic, violent States perturb competion and create perverse incentives. you can't centrally plan a system that "creates proper competition". the originating central plan is the poison that ruins the downstream market.