🤔
The sad reality is people will still go along despite the fact that the "authorities" have lost all credibility.
#BS286
Shawn Ryan Show: Vivek Ramaswamy
The more I listen to this guy the more I'm interested.
I would love to get a #Catholic, or at least a #Christian, in office, but this guy has a lot of really good, principled ideas and a good amount of charisma.
🤣 I presume the opposite is as true as 2+2=4
But you'll just be throwing away the 0.01% the bank would have paid you for your savings!
The US and Israeli governments developed a cyber weapon that infected 10s of millions of computers over a decade ago.
https://nostr.build/av/3e704b011a19388ac8bb8ba9acdf2508dd4ed9c1ba8106157dcace7161248e69.mp4
*Institute for Science and International Security ... Acronym aged like milk 🤣
Indeed, since 1971 our government has continuously robbed us of the wealth we once had.
The same force has fueled thoughts such as escaping rat race (see Robert Kiyosaki's game titled 'Cashflow'), in which winning meant not having to work anymore. The vehicle is to stairstep assets using loans, presumably on a fractional reserve lending system.
The force of fiat currency and fractional reserves artificially enhances a few specific categories of investment: real estate, (big) businesses, and finance. In essence, if a bank can loan big sums for it, it can be highly profitable. This is a net loss for the individual, however, because it encourages continuously raising prices,
If inflation became practically zero (zero printing) and fractional reserve became outlawed, what might happen to the cost of a loan? In the short term, it would sky rocket, but in the long term an individual may actually be able to save for a home without the value of his savings crashing with the currency in which he saves.
We have an artificially short time preference, and that necessitates our continued hard work, while that work continues to be devalued.
#TGFB
Culture comes from men, and you can tell how many men a woman has been with by how cultured she is.
#MasculineFrame
https://nostrcheck.me/media/public/nostrcheck.me_2104225792265142021692644261.webp
Inverse relationship. (Pun intended)
A great distinction of kind exists between condemning a practice versus endorsing a technology. It is principled to condemn the improper use of gold but not so much endorse its general use as a money. This is because an improper use can be contrary to the faith while the regular use may be neutral to the faith. This is equally true of other forms of money and currency like fiat and Bitcoin.
This is quite unlike something directly relating to the faith such as the one person in two natures of Christ, or the three persons in one being of the Godhead, or another matter of faith.
That being said, a tacit endorsement such as the acquisition and use of Bitcoin could well be merited.
I don't think the Church could outright support it, since it would not be a matter of faith and morals. What must instead happen is condemning fiat currency as a theft by a government of its people.
One must admit that the Catholic Church is the most influential single organization in the world since 1 of 6 people on the planet is technically Catholic (technically, but less practically). If the Catholic Church can condemn fiat, the ripple effect would be enormous. Other faith communities would soon follow.
Thanks so much! For your kind words and the boost. Yeah, theft by tyrants is a real problem that is older than even the use of gold as money, far older than even Oresme and his treatise.
We will always have tyrants, and we have always developed new anti-tyranny technologies and methodologies. Bitcoin and Nostr are the latest, but they won't be the last.
#gm
Argentina will likely go through a hyperinflationary event soon. Our pontiff is an Argentinean. Although he has not even visited his home in the ten years of his reign, I am hoping that this event at a minimum catches his attention.
I believe the Church should condemned fiat currency as a lie and theft of the highest degree. Fiat is a tool for mass slavery of a citizenry by their government.
Nicole Oresme, 1325-1382AD, wrote a treatise on money called 'De Moneta' or 'The Mint'. In it he condemns altering money and profiting from said changes, which is identical to printing fiat. Just read the titles of chapters XV-XVIII.
Can we not say that removing the backing of the USD by gold is exactly what Oresme condemns in chapters VII-XIV?
"""
VIII On Alterations in Coinage in general
IX Change of Form
X Change of Ratio
XI Change of Name
XII Change of Weight
XIII Change of Material
"""
Money, at its essence, is information, a record or account of good done to one another. Gold was a really good money, as it does not decay, is difficult to fake, is measurable and somewhat divisible, but it does not transport well. To represent gold paper money was used, but gold was the actual money, not the paper. Paper was the currency of the money, the form in which it is exchanged*.
By removing the backing of the dollar, the information of good one does for others ceased to be represented in gold and became instead a fiat, a dictation of the government which only says "I'm worth a dollar". This was and still is a theft of the largest magnitude, an entire nations earnings and savings in the currency robbed of them.
This grave sin was orders of magnitude worse than what only might have been committed by the inspiration of Oresme's treatise, a French king who inquired with Oresme about the ethical nature of modifying the money of his subjects. He might have stolen a small portion of the money from his people, but our governments today have stolen much more.
In addition to this, the governments now allow local banks to commit similar theft worse than usury in the form of fractional reserve lending. This further multiplies the available currency another order of magnitude, and possibly more than one after it compounds, and further robs the citizens of their former wealth.
We ought to implore the Church to condemn fiat currencies and fractional reserve lending as fraudulent, a grave sin committed upon a people.
In the meantime, a solution must be pursued, which I believe to be Bitcoin. It is not a fiat currency, because it relies not on an authority to lend value to it, but derives it's value directly from a society's desire for it. It is very difficult to create, highly liquid and divisible, has no decay, and will maintain its value.
The De Moneta of Nicholas Oresme and English Mint Documents, PDF and epub here:
https://mises.org/library/de-moneta-nicholas-oresme-and-english-mint-documents
*Along this line, #BTCLN is the currency of #BTC. It is backed 1:1 and thus good. This not to condemn representative currency, just debasing it or altering the form.
#Catholic #Christian #fiat #Bitcoin #argentina #popeFrancis #CB #lightningNetwork
How about decreased governmental spending, no more printing, and destroying excess tax revenue? That would uphold the common good.
Better yet, back the currency with something rooted in physical reality, get rid of fractional reserve lending, and start working to restore stability to the economy rather than trying to extract the maximum value from the working class.
I always thought a new "revision" note kind would be great. Others could submit any revisions they'd like, and a note inherits a revision when the author of the original signs. You could also create a find-replace like regex to make the revision notes lighter-weight, but it may also allow interesting functionality like repeating content, expanding shorthand, etc.
The fundamental change needed is the desire of the state to subdue the citizenry transformed to the desire to please the citizenry. This will only happen if the citizenry become more powerful than the state, and the state becomes once more a vehicle or tool of the citizenry to accomplish a good the citizens individually cannot, such as establishing standardization (minimal, not non-existent, red tape), enforcing law (which laws ought to benefit society at large rather than hinder), and organizing and enabling the citizens to protect themselves (aka militia).
The power shift may allow the individual the control he needs to end all these ridiculous forms of taxation and possibly greatly reduce it from a surfdom level 40-50 combined (income + sales + property + whatever) to a reasonable sub 10% over the next several years. (Why should Caesar deserve more than God commands in tithe?)
The other thing bitcoin does is allow programmable money distribution through taxation instead of this lump sum BS, and we can avoid greedy middle man agencies, and that can be done while putting the people first since they will be able to verify that the money gets distributed properly. (Zap prisms for taxation.)
An earthquake and tropical storm in the same weekend, damn SoCal who did you piss off?
https://www.reuters.com/world/us/magnitude-51-earthquake-strikes-southern-california-2023-08-20/
God, of course.
Public record of it, lower rating, and they don't get work in the future.
This is fivestr or 99designstr.
One could also implement followup payouts, to encourage people to still try.
