The world would be a lot calmer if everyone learned how to surf and bask in the glory of the ocean.

The complicated aspect about the Social Security system in the United States is that it was falsely marketed.

It's called an "entitlement" because people pay into it and are supposed to get it back like a pension, regardless of whether they are rich or poor when they retire. And so the Baby Boomer generation views any cuts to their social security as a rugpull, basically. It's not insurance or charity; it's an entitlement.

However, although it was marketed as like an entitlement/pension, that's not how the math worked out in practice. And it's because population growth is slowing. It was based on ponzi math, assuming that every generation will be bigger than the one that came before it. But the Baby Boomer generation was huge.

In addition, when Social Security was created, the retirement age was set near the average life expectancy. Many people would not live long enough to collect it, and most would collect it for a handful of years. Only a small minority of outliers would work for like 40 years and then live off social security for like 20+ years. But then over the decades, life expectancy increased by like 15 years, so the default assumption is indeed that someone can work for 40 years and then have 20+ years of retirement, even though the amount they pay into it doesn't really mathematically cover that. It's not designed for that en masse.

And so Baby Boomers had like a 3.5 worker-to-retiree ratio to support in their peak earnings years, while Millennials will have more like a 2.5 worker-to-retiree ratio or less to deal with. Which means they get a worse deal. Many Millennials don't even think they'll get it at all, despite paying into it.

That breaks up the social contract and sets up inter-generational political conflict. "Fourth Turning" stuff.

It's a big reason why "defined benefit" plans are inherently unstable; they rely on being able to predict the future.

And it's also a big reason why, when speaking about deficits, nothing stops this train.

We need to make a Nostr VR community.

I hear it's good. I haven't had the time myself to check it out though.

I'm here for #retrogaming ! Game doesn't need to be new to be fun.

For all the #tech talk and on here ... I've not seen a single #gamer

Y'all fuckin' serious??? #asknostr #plebchain #nostrplebs

You do not build until the problem you solve appears.

You build to solve a real problem.

Best use case for ordinals/inscriptions is a decentralized version of mtg in my opinion. Fork x mage to verify you actually own the deck you are playing with (each card being an inscription) and make the game free from centralized control but still have some scarcity. Not just full proxy.

Is it worth getting back into Magic the Gathering? Haven’t had time to play in 3 years.

I hear they have a lot of power creep lately to maximize profits for Hasbro.

Anyone here been playing it a lot recently?

I looked into it a bit. The biggest change is that my local card shop pretty much only does Commander format now. Seems like that became the most popular paper format.

nostr:note1jxc52ezz074c6fx00akt0muzmtth5g5ar0lhhxc2rj9g44vqydjq65tp6c

ok, I'm a brand new non technical user, first heard of NOSTR in a libertarian chat on Telegram, a few months ago. Yesterday on X, Reason posted an article "Nostr is a community-run digital network highly resistant to censorship and corruption." It caught my attention, so I found and joined this new platform for me. My interest are Canadian libertarian politics, general economics, general trucking as I'm a simple truck driver for a living, the carnivore lifestyle for my health and my family is most important to me.

As a non technical user, I must engage in my own learning curve and discover how I and this platform community can mutually benefit from my limited participation.

Cheers

Close family member got cancer diagnosis today.

Life is precious and scarce.

Continuing my radical honesty on creator earnings.

I made about 25k sats on Nostr this month or about $20.

$69 made on Xitter.

Teehee, 69.

Anyway, one of the things that’s puzzling me is I want to share video content directly to Nostr … but that costs about 30-50k sats a month via Nostr Build.

Any tips or ideas welcome!

#NostrVsTwitter #Value4Value #V4V