We haven’t had such an asymmetric advantage for the virtual. (Arguably, Amazon paying no sales tax was similar.)
I just bought some bitcoin.
Something is going to break as the physical economy becomes hyper-localized and borders regulated while the virtual economy becomes borderless and impossible to control.
Anything that ships to your house will either come from the US or being taxed heavily. But what you download won’t be subject to that tariff (unless we surveil you heavily) because there’s no customs at a border.
Likewise, tariffs plus immigration restrictions means you can’t outsource production to cheaper labor markets and you can’t import the labor either. But… you can pay someone for their labor while they remain overseas, by streaming them sats.
So something will give. Either we’ll get draconian surveillance and control of the digital domain or accelerated virtualization as we can achieve efficiencies there from free trade and cheap labor that are not available in the physical domain.
Have never played but listened to a lot of
“You decide which system you give your energy to.”
I can’t quite tear myself away from X, but I also can’t get that nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe voice out of my head.
I do too. Especially that first note.
Daily Gigi rant from the driver’s seat. It would do numbers.
does your social media platform have a permit? because if not, then it's worthless.
https://video.nostr.build/60b1a63fc44e05d3e1561137d5564f17b5dd33d7058fe3c81e610dd8996b83c2.mp4
His logic cannot faulted on this. The value of the permit should be high if it’s worth zero otherwise. 50/50 seems like the reasonable starting point.
But that makes a permit-independent platform worth twice as much, because it doesn’t have to share ownership at all.
Now that they’re out of power (in the US), I wonder if it misinformation experts:
(a) realize the value of free expression and the dangers of censorship,
or
(b) continue to push for aggressive censorship, but assuming they’ll seize power again soon.
I’m thinking it’s (b).
This 18th-century Italian floor safe is a masterpiece of period security and craftsmanship.
[📹 msrau]
https://video.nostr.build/6ab5b78e3998e234ae8294d360875e73b74476780913a4992ec076706a4a6fa0.mp4
I want one
I’m enjoying the takes on here rn. Twitter is filled with shitcoinery.
Yeah I think I getting a little better. Kind of like fitness. Even a little bit helps if it’s consistent.
Happy day.
It’s not about eliminating trust. It’s about bootstrapping integrity.
nostr:note19huk833da4dkyyhwtfsvhyv9x3ck0e8ahf549z6w4xds4hm8whnqlzkqdf