Nostr

Pj

874192fc49b2a6af514453d3e85d6340c664d893907e767ab6dc2949c507befc

#monero #voluntaryism #austrianEcon #linux #biohacking #evolution #xmr address: 8BQhk6uMGnv4LVfMPTy2sWeDmDeL5UBX4Xt7kkReXwqcgvnAyNDPr6AHtiAZtmCGMiZeucxK1ooMSMFtZzw9h8yN2iDF5ky

I am not even requiring any proof that they exist. I believe that the dollars only exist:

1.) in our heads

2.) in some position on the balance sheet of the bank

There is usually no “dollar position” - definitely not in a safe and usually not in a forex market (that would be expensive - swap either happens or not, that is not a position. a position would be future, but that has funding cost).

The balances that we see are actually same thing as DAI or LUSD, or Tether. I claim that there is no difference between these forms of dollars and most electronic dollars. Or no substantial difference. The only difference is payment network through which you can send it.

So, what do you think happens when I top up a Revolut account with 100 eur, exchange them for usd, over time the dollar goes up, I swap it back for say 110 eur and then take out my euros? Is Revolut voluntarily losing money?

FED does not know about most of dollars and most dollar loans are outside of FED jurisdiction.

https://en.wikipedia.org/wiki/Eurodollar

I would assume that if a bank claims to have my deposit of say $100, it can prove that it has that money physically in a safe, or more likely a corresponding position in the forex market.

But I see your point. It's very hard to actually prove that your dollars in e.g. eToro or Revolut actually exist.

The question is, when could this become a risk? Maybe in case of a bank/app run? It probably devaluates the dollar too.

How would you recognize that the digital dollar is a dollar.

Paper bills are a tiny fraction of dollars in existence.

To be 100% certain you would have to trace each digital dollar all the way back to the Fed.

If you could audit, how would you tell? What would be the audit question that would decide it?

The provider would have to show you the actual dollars for all the supposed dollar positions. That would be easy with bank notes in a safe, with digital dollars it gets tricky. You would just get a level higher and needed to trust or audit the entity that provides this digital dollar position for your app provider.

Hard one - what is a dollar? If you have a balance that you see in some app, how can you tell that what you have there is a dollar?

And I don't mean in a trivial way ($ sign next to the number).

You can't. Not unless you can audit the app provider company.

The Meme Bay 🏴‍☠️

#meme #memes

Spoiler: He's gonna claim that he's non-binary, make up some difficult pronouns and harass everybody that fails to pronounce them!

Is Tresor closed source?

No. Trezor is open

excellent water bottles https://www.flaska.us/shop/cork/flaska-natural-cork-flower-of-life

Seems like an esoteric BS to me

Don’t worry #plebs I won’t #atomicswap those precious #zap #sats to #xmr

Cool. I will

That does not run non-x86 apps. Most apps in stores are not compiled for x86.

That's surprising - the apps I tried worked fine. Maybe I'm just lucky.

Is there a simple and user friendly (preferably open-source) way to run Android apps (through either play store or aurora/fdroid) on a desktop (mac/linux/windows)?

There are some ways to run it in Android simulator, but the architecture usually does not match, so it does not run well and running Android simulator is not very user friendly. I mean more like "double click and run this app" rather than starting Android studio, creating a VM profile and running it in a phone.

It would look similarly to how you can run iPhone and iPad apps on a Mac. Just install from app store, there is an app and it opens in its own window and just works.

You can run android-x86.org on a PC or in a VM.

Just for those who don't understand bitcoin.

If you just wanna transact within your cult, then you don't have to care about those who "don't understand". But if you wanna have true digital cash, it has to fungible.

1 sat = 1 sat

There is no such thing as rare sat or contaminated sat. 🤙

For you, sure. For many others - no.

Holy shit this note still lives 🤣🤣

#monero is a shitcoin 💩

nostr:nevent1qqs8mswpqjsm0cpwuqkx79hqsjchnq0uaxh3vex33we4u7w3p0335hcprfmhxue69uhhyetvv9ujumn0wd68yurvv438xtnrdaksyg8xees4gvjm2nnfe9rcc3k0z2zwpylhjrn93d48p7wldmkjwh35gspsgqqqqqqs4xhkdw

Lol, yet another Monero post? I see that you NFT collectors are getting scared, knowing that no one will want your tainted coins eventually.

How do you achieve privacy or anonymity on btc?

Simple answer: You don't.

I just found out that every 6 months the #monero network makes a hard fork, it's automatic and by design. 🤣🤣🤣 holy shit 💩

How is it worse that your favorite spycoin?

👺

Maybe his fiat savings were just depreciated by the central bank.

The creator of vim passed away. RIP😪

nostr:nevent1qqsws87kh06nf598jppeh0vavrv34nt0fp57nl7pugya95dafyqg6kcpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c33xeerqarv8psnxwtgdp3hyctsvycrxdf489uxz6rndfck5drnxpunvapjdc6kwurydvmrga3sxe48gem9ddckg6m6x4cxc0mzwfhkzerrv9ehg0t5wf6k2q3q6r0tl8a39hhcrapa03559xahsjqj4s0y6t2n5gpdk64v06jtgekqxpqqqqqqz975vf2

:wq

Hans-Hermann #Hoppe introducing his book in #Bratislava #Slovakia

Who wore it better? 👀

Lea ofc

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