You were this many days old, when you realized that a nonprofit that is financed in Bitcoin has no inherent incentive to spend the money because the money goes up in value, while they sit on it.

Only a profit-driven company has an incentive to actively invest Bitcoin income, as they only pay out the _returns_ on that investment.

#economics #finance #NGOs

The higher #Bitcoin climbs, the harder the coping hits — stay broke or start learning. No one’s coming to save you but you.

Just because it works does not mean it works correctly.

-ChipTuner 2018

Oopsiedoozles, Chainalysis wrongfully attributed almost twice the volume of hacked funds to North Korea than funds it found actually related "upon further investigation"

This software is used to put people in jail

So, just now checking out the Coinbase Loan offering that was being talked up yesterday. Looks like a shit product to me?

Not only do you have meh terms, but you get not one, but two taxable events out of it and they give you their wrapped shitcoin back at the end so you’d need a third to actually get your real BTC back.

Am I off base and reading it wrong?

can't resolve your localhost, for some reason

Sanity check, does my new logo for flotilla look like a penis, or a pregnant woman, or something else? I don't particularly care if it's *good*

This is a perfect example of how people imprison themselves...

The truth is almost exactly the opposite of her claim. Healthy people don't call the other sex trash & would just naturally avoid anyone who does.

But the shittiest guy, the kind who will literally say or do anything to hook up with anyone, won't care at all. So her claim attracts only trash & her biases are confirmed.

People literally build their own personal hell around them

It’s a true assessment. Likes/reactions are worthless. They should be eliminated from the protocol.

No, it’s not disrespectful to say that. It’s a true assessment. The fact that it cuts through someone’s misconceptions of value the same way as calling ETH or Solana owners “shitcoiners” does not make it disrespectful. It’s more disrespectful to ignore issues than to raise them.

People who are in disbelief when they hear you don’t use or want to use “likes/reactions” are the saddest of all nostr users.

Hypothesis as to one reason why Gen Z and younger don’t drink alcohol nearly as much as previous generations: young people do incredibly stupid things while drunk (even worse than older people who have tolerance, experience and more maturity), and they are a smart phone generation where anything might get recorded.

IOW, too many people embarrassed themselves not just for a night as we did, but forever, and collectively they just understood it was a bad idea to go there.

Maybe. I've thought about it recently too and can't come up with anything other than using drugs and alcohol is an escape, maybe they're getting the same escape with phones and technology, the urge is met. 🤷‍♂️ Either way I'm happy my kids aren't using. Me at their age, was doing it all, but nowadays the risk of a getting laced product is extremely high.

Yes. See, you do get it.

My globals are very good. It's the client.

We're actually low-key happy to be low-key. It's important that we get it released and fill it with data, before they come to arrest us.