nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h DC is good people. If you’re ever in town make sure to stop by.
3 of these I guess. Low, low price of 46 million sats.
Reach out to nostr:npub1e2rd2k45ym2jmctnysfadxumrvrr57vqj69ck6trt2y62c40r0kqs9lx8t for handmade bitcoin mugs.
Visit https://shop.nostrarabia.com for holiday themed coasters.
Arts and Crafts from bitcoiners to bitcoiners. 🧡💜
#V4V
nostr:npub1wrenvxynhgghjj0t3jvlawgrmrrhmnr0jxv4m6y6xt74u5qpm88sut9776
If your view is that the liquidation risk is low, what do you think of the preferreds?
I don’t know that the money being broken is the root of the problem with education. I think both money and education have the same root, specifically widespread trust in an institution that does not deserve that trust.
If the money was fixed, but the trust in government education remained at today’s levels, the money is going to be corrupted again in one or two generations.
Yeah! It’s the same people who shot Ron Paul back in 2008!
nostr:note1ud7w7defjh54xqpeqne4p6mqd84h6dty9almfsx4mktkgp05d62scxm5jz
Be calm, not passive.
It’s in Penn Quarter near the hockey/basketball arena. This was just a soft launch though, I think the permanent opening is in December.
If you don’t already, read or listen to Mises Institute content.
Planning to do any of these at the Compass Coffee locations in Virginia?
nostr:npub1e2rd2k45ym2jmctnysfadxumrvrr57vqj69ck6trt2y62c40r0kqs9lx8t for sure.
Happy Armistice Day. Today is a day to celebrate the end of wars and remember how important it is to end those still ongoing.
Cheap debt does not create cheap housing, most of the time it’s the opposite.
Does inflation lead to civilizational collapse?
Well, in the 3rd century, the Roman Empire began to buckle under the weight of state spending.
It frantically "printed" money until things went horribly wrong...
When Augustus slowed the expansion of the empire, wealth stopped flowing from conquered lands into the treasury. Managing expenditures (construction, armies, bureaucracy) became increasingly difficult. Whenever costs exceeded tax income, emperors minted new coins to cover it. Mining precious metals increased the supply of gold and silver coinage.
Things remained pretty stable for two centuries But the army was an immense burden. In the mid-2nd century, it was 70% of the entire budget — half a million soldiers were on the payroll.
Then, crisis struck.
Frontiers across the empire came under attack in the 3rd century. Military expenses soared as entire provinces were being abandoned and their tax yields lost. Plus, the mines were drying up When soldiers' wages could no longer be paid, "debasing" the currency was the only option.
Emperors issued new denarius (the silver coin troops were paid in) with less and less silver content — i.e., further increasing the money supply.
Nero had already begun clipping coins and diluting silver purity in 64 AD. The state soon got addicted to solving its problems this way — and lining the pockets of political insiders at the same time.
The denarius was down to 60% silver purity by the 3rd century AD. Of course, prices inflated with it.
Still, the state kept spending to maintain the illusion of prosperity, until things got really bad by 268 AD, the denarius was 0.5% silver. A bag full of coins replicated the silver content of a single coin a century earlier.
By 300 AD, soldiers were paid 8x in denarius compared to a century ago, and wheat prices were up 200x.
But the state still struggled to pay troops — some abandoned the military and went about pillaging towns. And for half a century, the empire was on the brink of destruction: emperors were assassinated, barbarians sacked towns and enslaved citizens Diocletian tried to stabilize matters by enforcing price caps on over 1,000 goods and services, but it failed. A modius of wheat that had cost 0.5 denarius in the second century, sold for over 10,000 in 338 AD.
Who pays when the money system breaks?
People pay with their freedom. The currency was so worthless that the state demanded forced labor rather than accept its own coins as tax. Merchants had to provide goods directly to the state and army, and leaving their trade was outlawed.
The masses slipped into serfdom and unrest, while the state grew larger and more authoritarian in response. The state was now keeping itself alive at all cost.
As Septimus Severus said: "Live in harmony; enrich the troops; ignore everyone else."
It's said the Roman Empire fell due to apathy. By the time the 5th century barbarians came, belief in the system was gone, and invaders seen as liberators.
"The empire could no longer afford the problem of its own existence."
Does any of this sound familiar?
It might be because 80% of all dollars in circulation today were printed since Covid...
credits to the author
#grownostr #freedom #plebchain
https://x.com/culture_crit/status/1790450319433839077?s=46&t=B_yOK1aAZMbxkg7XeFhTaw
I don’t disagree with the overall point being made but it’s 30% of the M2 money supply that’s been created since March 2020, not 80%. Skeptical readers are going to be more likely to dismiss the whole thing if it ends with an over exaggerated claim.
Happy Reformation Day!
The degree to which things are handled by private, voluntary means is freedom. The degree to which things are handled by violence is anti-freedom. Everything the government does is handling things by violence.
Commie shit never works. No one is coming to save you, and certainly not the people who caused the problems in the first place (government). Best start trying to figure out how you’re going to save yourself.
## Marty's Bent
[
)](https://x.com/MartyBent/status/1980770316763984013)
via [me](https://x.com/MartyBent/status/1980770316763984013)
Much of society finds itself in a sunken place. A circle of Hell that many societies have found themselves in the past. The money is broken and the negative externalities emanating from the rotten core of our global economy have produced a degenerate high velocity trash economy. We've discussed the nature of the high velocity trash economy in this rag many times throughout the years, but it feels like every day it stoops to a new low. I fear that peak clown world is nowhere in sight.
Nothing makes this more clear than the fact that Bloomberg, a supposed legitimate media organization, decided to host he CEO of OnlyFans, Kelly Blair, for a fireside chat to boast about the profitability of the highly controversial platform since 2016. According to Blair, OnlyFans paid out "creators" more than $25B since 2016. She stated this with a sense of pride that would lead many to think that they should believe that OnlyFans is doing something virtuous. Something to be proud about.
Nothing could be further from the truth. OnlyFans, and other platforms like it, are not only a stain on society, but a sign that things have gone terribly awry.
This newsletter is hard to write because I try as hard as possible not to come off as some pompous prick who thinks they know better than anyone else. If you've been reading this rag long enough, you'll know that this most certainly is not true. However, I feel viscerally compelled to speak out against displays of overt hubris and nonchalant comfort-ability in matters of pure degeneracy. And this is most certainly one of the more hubristic displays of degenerate pride that I simply cannot let slip by.
The fact that Bloomberg, a media organization that carries a perception (at least in my view) of a purveyor of financial signal that rises above the fray of click-bait hell, would invite the CEO of OnlyFans on stage to brag about the money it has made off of the backs of women (and men) who have decided to cater to their most degenerate impulses is truly appalling.
Call me a prude.
Call me a curmudgeon.
Call me a pompous prick.
I don't care.
There's nothing you can call me that will convince me that this display of degenerate celebration isn't deeply wrong. The fact that OnlyFans is one of the most profitable companies in the world on a profit-per-employee basis despite the fact that they have paid out "creators" $25b since 2016 is an objective red flag that should cause anyone with a soul to take pause.
First off, the $25b stat is extremely misleading. OnlyFans payouts work on a hyper-pareto distribution that favors the top 0.1% of "creators" on their platform. The "fortunate" few in that top 0.1% openly flaunt the millions of dollars they have been able to bring in to the unsuspecting mass of young women who come to the idiotic emotional conclusion that they too can attain the same status by creating an account and offering themselves to the world of digital hornballs sitting on the other side of the app looking to get a good fap in.
Which brings us to the other side of this coin; the young and old men who have been deduced to seek out quick pleasure when their PornHub dopamine receptors run dry by downloading OnlyFans and trying to reignite their receptors by finding the next girl next door. This is a two-sided market and one side of the market is providing the incentive for young women to objectify themselves.
This part of our society is sick. Utterly and unequivocally sick.
And it's nothing new. Women turning to sex work when economic times take a turn for the worse is nothing new. It was true in Ancient Rome. It was true during the decay of the Weimar Republic. It was true during the lead up to World War II in South East Asia. And it is true today.
Again, I want to avoid coming off as a pompous know-it-all, but fuck it. This all, at its core, stems from broken money whether people realize it or not.
When money breaks, people reduce themselves to their lowest common denominator in an attempt to survive. And in a world occupied by humans with decaying structure, the lowest common denominator is sexual desire. Pure animalistic domination and validation.
The fact the Bloomberg invited the CEO of OnlyFans on stage to discuss her company's "success" is either a sign of subversion or submission. Regardless of what Bloomberg's intentions were when they decided to host and post the fireside chat with Kelly Blair do not matter. The deed has been done. The normalization and idolization of succumbing to our lowest common denominator is well underway.
If you care about the future of our children, you should call this degeneracy out and ridicule it as vehemently as possible. It is the manifestation of the most animalistic and unhinged form of the high velocity trash economy, And, whether you recognize it or not, the tides will not turn until we fix the money.
Dignity stems from the ability to have agency over your own life. How much agency can you have over your life if a very select few individuals can decide on a whim to devalue the money you store the fruits of your labor in?
***
### The Cayman Islands Is Actually America's Largest Creditor
Robert revealed a startling discovery from a recent Fed report that fundamentally changes our understanding of who holds U.S. Treasury debt. The Treasury Department's TIC data had long reported the Cayman Islands as our fourth-largest creditor at roughly $400 billion. However, the Fed's new analysis shows the actual figure is $1.8 trillion—making the Cayman Islands the largest holder of U.S. government debt by far, surpassing traditional holders like Japan, the UK, and China.
"The Cayman Islands actually hold $1.8 trillion of our debt, and so that makes them by far the largest holder of U.S. government debt."- [Robert (Infraa)](https://x.com/infraa_)
Robert explained that this massive undercount of $1.4 trillion stems from the methodology used to measure cross-border capital flows and repo market activity. The discrepancy is tied directly to hedge funds domiciled in the Cayman Islands engaging in the basis trade—a leveraged arbitrage strategy we'll explore further. The critical question Robert raised: why did the Fed choose to reveal this information now?
Check out the [full podcast here](https://youtu.be/j_VA2wcyRxE) for more on the basis trade mechanics, SOFR market stress signals, and populism's impact on assets.
***
### Headlines of the Day
[Hong Kong Approves Spot Solana ETF](https://x.com/WatcherGuru/status/1980895010955690266)
[BlackRock Bitcoin ETP Launches on LSE](https://x.com/TFTC21/status/1980726085768925322)
[Waller Calls Bitcoin Electronic Gold](https://x.com/BitcoinMagazine/status/1980742537724760369)
[Fidelity Says Bitcoin Central to Clients](https://x.com/BitcoinMagazine/status/1980933079742153207)
[German Fintech Adopts Bitcoin Treasury](https://x.com/TFTC21/status/1980698306595746039)
[Coinbase CEO Heads to DC on Crypto](https://x.com/BitcoinMagazine/status/1980960389740298596)
***
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***
**Final thought...**
Where is my mind?
***
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Fixing the money is good, but it is not enough. Economic solutions cannot fix theological problems.
That turd is one of the worst of Trumpism. Good counter signal, if you find yourself on the same side it’s best to reexamine and make sure the side you’re on is really the correct one.
Maybe it’s because he’s on the correct side here and most people on nostr are independent enough thinkers to see it.
Putting aside that the murdered man was against what you’re suggesting, gun concentration (what some people erroneously call “gun control”) is gun violence, because everything The State does is ultimately backed up by gun violence or threats thereof. Additionally, gun concentration policies have a very poor track record for anyone The State deems undesirable, I’m sure you’re aware of enough 20th century history to know that. Knowing this, my answer is and will always be: stack up and try.
Also, there are some words that come to mind when I think of someone using a political opponents brutal murder to try to score political points for something he would vehemently oppose, but loving is about as far from my mind as you can get.
No. This is just an excuse to be an asshole in business and feel righteous about it.
You’re correct that there is a thing that stands in the way of real human interaction, but the name for that thing is political correctness, not professionalism.
If a wizard asks you to run an errand for him, say no.
Yes, just edit your profile and use your strike address in the “bitcoin lightning tips” section.
Can confirm. When I mention price yesterday I get “oh it’s over $100k again?”
What kind of drinks does this vending machine sell for $5? There’s been a lot of inflation but a soda doesn’t cost that much, does it?
That’s not what this is.
This sets the stage to allow bitcoin to qualify for asset verification during mortgage underwriting without having to sell the bitcoin (and incur taxes). The asset backing the mortgage is still the house and only the house. Even the asset eligibility change is still probably 6+ months away.
nostr:note13dw6c26cpqux33frq7hh2w9arx8thneewdwwv03xrvm389p6puzqp3jyh6
It’s not about saving the environment. Only one of the animals mentioned gives people more food independence, it shouldn’t come as a surprise that the people who want to crush every bit of independence out of everyone’s lives are against that animal and no others. nostr:note1hv9feqcv8gna68g5lven6nrdmlhmn57sryp8hcgfdjpzy75fmrvsgy4jaw
If you're anywhere near DC, check out "Hidden Repression - How the IMF and World Bank Exploit Poor Countries", hosted by nostr:nprofile1qyw8wumn8ghj7mn0wd68ytnrda5kuen4dejzuctswqhj2v3sqyv8wumn8ghj7mn0wd68ytn0wpjku6r0danxgtnwdsqzph3dnaqkafkxqztalkmc7q6xnsy4ejxkmqg4x2zycn8qmckdrwev3z5gk6 with guest speaker nostr:nprofile1qythwumn8ghj7mn0wd68ytnxd46zuamf0ghxy6t6qy28wumn8ghj7mn0wd68ytn00p68ytnyv4mqqgzccaq65ccv9k3454480sws2wqepz73q5z0m5kckslhyhh6d533jc25xncl !
Thursday, March 27 6:30 PM - 8:30 PM
Ames Hall (on the GW campus)
2100 Foxhall Rd NW
Washington, DC 20007
Purchase a ticket:
RSVP: