_Good Morning_\
☕ 📖 🌞
# Cryptoeconomics
**by [Erik Voskuil](https://github.com/evoskuil).**\
**The book can be found on [GitHub](https://github.com/libbitcoin/libbitcoin-system/wiki/Cryptoeconomics).**
### Auditability Fallacy
- **Non-Auditability**: Bitcoin custodian solvency can't be audited; they control asset release and security issuance.
- **Custodial vs. Non-Custodial**: If controlled by consensus, it's non-custodial (layer), not auditable.
- **Solvency Audit**: Needs simultaneous proof of asset and securities; atomicity is key.
- **National Reserve**: Proving all fiat against Bitcoin reserve is complex; even on separate chains, atomicity fails.
- **Waiver of Atomicity**: Sometimes waived, assuming errors will be found, but not effective for state banking.
- **Historical Precedence**: Deviations are detectable but stopping them is challenging.\
The rest of the summarized chapters are at https://expatriotic.me
Sigh... Unexcusable
My homey nostr:nprofile1qqs936kc97s4k4gqjnmltljgqns0uadh08d77t5mypg3anxkneks37gpzemhxue69uhhsmtj9e6hxetwdaehgu3wdaexwqg4waehxw309ahx7um5wgh8smtj9eex7cmtwvq3kamnwvaz7tmwdaehgu3wwphhyar9d4hkuetjduhxxmmdhdhm8r and Gabriel need to get on nostr.
nostr:nprofile1qqs2vrneurk665gq6a2rke572y7mc8ppwr5wnd60mw8fwxharc8xsycpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcpz4mhxue69uhkummnw3ezummcw3ezuer9wchsz9thwden5te0wfjkccte9ejxzmt4wvhxjme0j9cycq what's going on man. How we gonna get these X users to see the light.
X is a vestigial organ at this point.
Unnecessary.
I lived in Jakarta for 10 years so I'll be fine. And I'm originally from Florida. Hahaha
I want to visit New Orleans this summer.
You been? What's good?
#asknostr
#neworleans
#beignet
?width=568
Just a place where they treat birth like it isn't an illness to be cured. Look it up alongside the city you're in and see if you get any hits.
Or ask a doula (person that helps with birthing)
Damn that's rough...
They're in the system...
There's that famous quote about it being almost impossible to get someone to fight against the thing that pays the bills. Rough quote obviously.
It was $3500 all in for in the hospital with emergency surgery.
Birthing center with overnight stay, food, nurses, doctor was $2000.
All this was in Jakarta Indonesia though.
Took my daughter to the ER in Savannah GA after she jumped off a hotel bed and was concussed. After a brief consultation and one hour observation. We were billed in the mail almost as much as it cost for her to be born abroad.
Fuck the US healthcare grift...
Having said that, I can't wait to move to Bangkok
Crazy that doctors get to dictate things... Pregnancy isn't a sickness to be cured...
Hospitals used to be where people went to die. It was antithetical to have a baby in one. Babies were always born at home.
That's why we opted for a birthing clinic for the second one.
This was moments after my daughter was born and we found out together she was a girl.
It was pure magic ✨...
.
.
.
.
.
.
.
.
.
.
Watched two episodes and giving up. So much anxiety and not really "enjoying" it