If you are an American, you NEED to read Bill 686, the Restrict Act, and contact your representatives to get them to opposite it. It is the most draconian power-grab that the country has seen since the Patriot Act: it allows *any* measure to be taken against *any* perceived risk. You probably think I'm exaggerating. Read for yourself: https://www.congress.gov/bill/118th-congress/senate-bill/686/text?s=1

China & French-owned TotalEnergies just completed their first trade of liquefied natural gas (LNG) settled in yuan. Another big milestone in the decline of the USD as world reserve currency.

Unlike some, I'm not especially cheering this on: it will mark decades of turbulence. An ascendant China will have a lot of downsides. Many of us will realise we're exposed to the USD in ways we hadn't realised. But the US seems determined to commit economic suicide, and has left itself without options.

https://oilprice.com/Latest-Energy-News/World-News/China-Settles-First-LNG-Trade-In-Yuan.html

There's probably little point, but is there a bounty system of any kind for tracking down thieves? I imagine a few will get careless, or the bounty might become big enough to get exchanges interested in disclosing.

Damn. Sorry to hear this. These thieves are parasites on all of us, since they harm the reputation of the system and hamper adoption.

Understood. Yes, unfortunately it seems to me that the 2008 collapse largely arose because we had promises built upon promises built upon promises, which all collapsed when the original debts (e.g. subprime mortgages) couldn't be repaid.

There is literally no other option for the USG, is there?

Can you expand on why? If I want to borrow money to build a house, why cannot this be based on actual debt from people who want to lend to me?

Or, just hard-code Azimov's laws and stop feeding it biased MSM.

Not what I usually post about, but it's been on my mind, so I'm going to share it.

The dreadful events of Nashville reminded me of Dunblane, the UK's worst school shooting in March 1996 in Scotland, in which a man named Thomas Hamilton shot dead 16 pupils and one teacher, then himself. Hamilton had legally-held firearms, and the Dunblane shooting was used to justify a major tightening of UK firearms law, including banning all pistols.

But there is much that is still unresolved about the case. Hamilton was a leader of several youth clubs, including the local boy scouts, and his interests were not wholesome: there were multiple (at least ten) complaints made to police about his inappropriate sexual behaviour towards the boys. The Scout Commissioner for the area took these seriously enough to expel Hamilton from his leadership position, and the police child protection unit recommended revoking Hamilton's gun licence, but no action was taken. Even when local shooting clubs expressed reservations, the local Chief Constable didn't investigate or revoke Hamilton's firearms certificate.

Why? Credible rumours have circulated since the time of the shooting that Hamilton and the local Chief Constable were members of the same paedophile ring. This was lent further credence by the fact that the investigating judge very unusually sealed the case files for 100 years (some files were released in 2005, but not all). Allegedly this was to 'protect the victims' families'.

Hamilton apparently harboured grievances against boys and teachers who complained about him. But family conditions were also a factor: Hamilton never knew his father and was brought up by his mother's adoptive parents, believing they were his biological parents. He originally thought his biological mother was his older sister. The headfuck of discovering the truth can only be imagined.

Why am I relating this? It is clear to me that a lack of transparency can be corrosive: secrecy within Hamilton's family must have been a huge factor in making him mentally disturbed. Secrecy within the police was, quite possibly, another enabling factor (though we won't find out for at least another 73 years). It is also clear to me that governments will exploit any event for the acquisition of more powers over its citizens, often as a diversion from the failings - or criminality - within their own public bodies.

Remember this.

Have seen some good work on this already. Will post.

A major concern for me is the medium-term effect of 'leaky' vaccines (which we know the COVID one is). Compare with what's happened in Marek's disease: https://journals.plos.org/plosbiology/article?id=10.1371/journal.pbio.1002198

This is not good for the USD, right? At what level does it become a real concern?

Every self-respecting coder should say no to CBDCs. But unfortunately, I can see people working with them.

Fiat-mine whilst building side-hustle and stacking seats.

Then self-employment / business ownership and stacking even more sats.

Just imagine a girl like that with a sign saying 'I argued with my husband'.

Shamelessly stolen from Wall Street Silver on Twitter. Banknotes littering the street in Venezuela.

Don't think it can't happen to you too, anon.

But only possible if he's typed his seed into his PC at some point.

He maintains he bought it direct from OEM, I think.

“Evidence suggests we are uncovering the most serious, coordinated, and large-scale violation of First Amendment free speech rights by the federal government’s executive branch in US history.”

https://michaelpsenger.substack.com/p/faucis-red-guards-lawsuit-reveals

It truly is the dismal science. But politicians and media treat it with the certainty of the hard sciences.