Nostr Web Client

Sats are the standard. Stay humble and stack them. Let this meme continue to catch on please.

Yours faithfully,

A Humble Sat-Stacker

Bitcoin is going to win.

Replying to

Lyn Alden

I’ve always been amazed that people go cashless, meaning they literally walk around and even travel without cash, and just rely on cards to pay.

Credit and debit cards are centralized and can be shut off or denied for all sorts of reasons, or can run into technical issues. BTC/LN is better because it’s decentralized, although it still needs power+internet and merchant acceptance. Cash as physical bearer asset money is great. Of course I wish cash was redeemable for something sound, but maybe in the future that’ll be the case again. In the meantime it’s good to have a few meals or taxis or hotel rooms worth of cash on hand.

I always have a diverse mix of digital and physical payment methods on hand, so I never get caught unable to pay.

So far in life I have only had one instance where I couldn’t pay. I was at a restaurant in Cairo a few years ago and their card machine/connection was down, and were only accepting cash. I had physical US dollars but they were part of a bigger corporate restaurant chain and so didn’t have the flexibility to accept them. My husband normally carries Egyptian currency but didn’t have any on him that day, and since he carried it, I previously did not. Neither did our friend that was with us. So we had to go on an awkward search for an ATM for a while and then come back and pay. And from that point I iterated, so I always carry Egyptian currency in Egypt as well as my other methods. And it has come in handy a bunch of times, when my husband needs some spare cash for tips or something I always have a little stockpile ready to go since I am a stickler about always having a certain amount whereas he is more flexible.

I always have a kind of “prepare for everything” type of mentality and like to be in control of my situation, and thus always have like backups for my backups in various contexts, including payment or being able to access various types of value anywhere, even when such preparation is not really needed.

Agreed. I use cash for as much as I can in non-online interactions. Parking meters where you can use cash are quickly disappearing here in the UK, which is a major bug bear of mine. Even worse, they require you to pay online by downloading an app. Even card payments at the machine are not allowed (or rather, there often is no machine).

It just shows how you only start to miss something once it is taken away from you.

Before I discovered Bitcoin I was one of those people who thought cashless transactions are a great idea. Ironic really that Bitcoin enlightened me on this point but such are the rabbit holes that it sends us down.

To conclude - use cash and Bitcoin wherever possible.

Replying to

HODL

Something’s wrong

Yes indeed.

Replying to

good morning nostr, freedom tech is hope 🫡

amen to this, and good morning.

Replying to

good morning nostr, live free or die 🫡

Appreciate you Matt

Replying to

investment real estate is a shitcoin

- can be rugged by local governments incredibly easily

- lack of liquidity, hard to buy or sell quickly

- overvalued due to decades of people trying to escape the losing purchasing power of their shitty money

- will trend to zero when priced in bitcoin

owning your own land is the exception - can still be rugged and will also lose value over time but can provide significant benefits for family security and well being

Investment real estate has become even more of a shitcoin in the UK recently due to increasingly onerous government legislation relating to the buy to let market here. Huge numbers of landlords are selling up as it is just not financially viable or worth the hassle any more.

A useful reminder that if you are relying on the government not to rug you of your investment assets, then you can never rely on this where the asset you are holding is at their mercy.

The only assets that you can rely on in any real sense are the things they cannot take from you.

Obviously Bitcoin held securely and privately tops this list.

Replying to

Gigi

This is so ridiculous 😂

https://nostrcheck.me/media/public/nostrcheck.me_1378448643592262991689974430.webp

nostr fixes this :-)

Replying to 50c5c98c...

https://primal.net/downloads

Fair point Sir

Replying to

miljan

Primal 💜 Open Source.

With Nostr, we are building an alternative to closed legacy platforms. For those who missed my announcement on nostr:npub1cpem4gceylcr56ym4nx7dt6g0caadlu8dmvuluhrqfvymdgsrgtsgdq62p with nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx last week, I am happy to confirm that we have open sourced the entire Primal product stack under the MIT license. Links to all of our GitHub repos are available on the Primal downloads page:

9296f46e... 2y ago 💬 1

Love to see this. Great work Miljan. Primal has really got me bullish on nostr.

Replying to

good morning nostr, appreciate y'all 🫡

right back at you bro

Replying to

good morning nostr, appreciate y'all 🫡

right back at you bro

Replying to

0xtr

gm nostr🤙 #coffeechain

https://tftc.io/martys-bent/issue-1326-a-good-primer-on-the-path-from-bretton-woods-to-the-dollar-endgame/

gm

Replying to

Marty Bent

Whether he realizes it or not, President Biden is lying to the American people. The US has defaulted on its debt more than once in the past and it is in the process of defaulting on the debt right now. This default isn't like the one that occurred in 1971 when Nixon ripped the world off the gold standard when countries started redeeming dollars for gold en masse when it became clear the US government had issued more dollars than the gold they had in reserves should have allowed. Yes, the US will likely not be defaulting on their debts outright in 2023. However, as we discussed last week, the US has decided to follow the path to default taken by countries like Venezuela, Argentina and Zimbabwe; debasement.