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james
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Interested in the similarities between alchemy and bitcoin.

Recommended reading nostr:note1n9z3tec9xe05ywxa9mnd9ac9ud8r9uhr4nu0nm528ak8ws3d8rrs32g26f

#photography

#bandw

Abstractions of Abstractions everywhere.

That the current system is broken is not in question for the majority of people but I do not hear any recognition of the forces absolutely opposed to bitcoin becoming widespread.

History suggests to me that being right or better is simply not enough to change the status quo.

Bitcoin will only prevail imo if a body seeking power adopts it as a tool of obtaining power.

I guess some users want moderation and so there is opportunity for some devs to provide it.

As a non technical person, this is how I presented see it too.

Comparing with bitcoin it seems as though relays play a role which could be likened to the role miners play. For a decentralised social network to work they would need to be rewarded the work they do in storing data and responding to requests.

A cost which ultimately must be paid for by users.

Possible interesting event at Oxford University Mathematics Institute

Thyanks for the heads up

What this guy says is pretty close to how I see it: https://www.youtube.com/watch?v=FWTlCaJVolo

The US will not solve it's debt problem by cutting spending, running surpluses, or raising taxes. No... instead:

a) The fed funds rate will go up to fight inflation

b) Treasury rates will be held artificially low via QE: the fed buying as many treasuries as necessary to prevent the US govt from defaulting

c) Government spending will juice the economy locally in a 'numerical' fashion, getting people working harder again,

d) That will raise GDP and tax revenue to some degree, but the biggest effect will be via inflation

e) US debt to GDP rates will fall for the next 40 years or so to unwind the current position.

In summary he suggests:

1) Increase your income, and prefer jobs with income that increases with inflation such as sales, or running a business

2) Get rid of adjustable rate debt

3) Get fixed-rate debt that pays for itself (what you owe will fall in real terms as the dollar is inflated away in value)

4) Get wealth outside of the system ASAP since wealth controls are going to get much tighter as time goes on

In addition (things he didn't say), I would recommend investing in commodities and hodling bitcoin.

Lessons from History. Financial repression. UK 1950 to 1980.

https://youtu.be/S5NA0nS2o-8?si=UKiH_7VGNlSDvPzZ

#photography

#blackandwhite

I've had a bit more thinking on Russia and NATO powers. Clearly I'm just a hobbyist, not a military strategist, so I'm slow on the uptake on these things. But when I finally realize something or change my thinking (whether it is correct or not) I like to post it on nostr.

First, a quote from the book "Prisoners of Geography" by Tim Marshall: "Vladimir Putin says he is a religous man, a great supporter or the Russian Orthodox Church. If so, he may well go to bed each night, say his prayers and ask God: "Why didn't you put some mountains in Ukraine?" If God had built mountains in Ukraine, then the great expanse of flatland that is the North European Plain would not be such encouraging territory from which to attack Russia repeatedly. As it is, Putin has no choice: he must at least attempt to control the flatlands to the west. So it is with all nations, big or small. The landscape imprisons their leaders, giving them fewer choices and less room to manoeuvre than you might think."

Second, Barack Obama said that because Ukraine is a core Russian interest, but not a core American interest (America would not be defeated via Ukraine), then Russia will always be able to maintain escalatory dominance there. "The fact is that Ukraine, which is a non-nato country, is going to be vulnerable to military domination by Russia no matter what we do. There are ways to deter, but it requires you to be very clear ahead of time about what is worth going to war for and what is not. Now, if there is somebody in this town that would claim that we would consider going to war with Russia over Crimea and eastern Ukraine, they should speak up and be very clear about it. The idea that talking tough or engaging in some military action that is tangential to that particular area is somehow going to influence the decision making of Russia or China is contrary to all the evidence we have seen over the last 50 years."

To be clear, America is not at war with Russia. It is supplying Ukraine, but the US remains out of the war. But what Barack was saying is that Russia will escalate because Ukraine matters more to them than to us.

If you assume American military leadership is logical and reasonable (which I think Putin does) then they would never have stepped in to back Ukraine in the first place unless they planned to "go all the way". And this is why Putin takes every Western threat of escalation very seriously. This is why he is now reading his troops to be trained on tactical nukes. If he didn't, he would be derelict in his duties to defend Russia from a threat that must be (logically reasoning thing out) intent on toppling Russia.

So I think America intended to topple Russia, and believed Navalny was one strategy, bombing the Nord Stream was another, sanctions was another, confiscating central bank assets was another, getting the world to back the West by luring Russia to strike first was another, and supplying Ukraine with superior weapons systems was yet another, and with all of that combined with their various covert CIA activities, surely they had a very good chance. But alas, those strategies all failed. And then China decided to backstop Russia.

Ukraine now has long-range ATACMS and successfully strikes military assets far into Russian occupied Ukraine including Crimea, including military bases, military training (over 100 dead nearly instantly) and a civilian oil refinery. This won't turn the tide of the war, but it has caused the war to escalate, as Russia now sends in far more drones seeking artillery, abrams tanks (they just got another) and those ATACMS systems.

As troops in Ukraine are running low, and the West is not ready to concede, they are threatening moving forces in. Russia's response was to train for the usage of tactical nukes. I don't think he is bluffing. I think NATO forces present a very credible threat of an attempt to collapse Russia, and Russia cannot win against NATO forces without resorting to tactical nukes.

So I think the Western forces backing Ukraine (NATO, France, US, UK) at some point will stop talking tough and concede. Because most of their plans already failed. I think there is a limit to how much war they are willing to get involved in... they want a lot, but not quite nukes.

Respect your thoughts and I am inclined to agree with your conclusion, that the west has little appetite for any direct confrontation. But what happens thereafter? This is not necessarily the end, and while we might hope for a peace, it's equally conceivable that our idiot leaders will make things worse.

Geography and history can tell us a lot about how these matters might unfold, but I am always cautious about making theories on complex issues. We neither understand the reliablility of what we think we know and don't know what we don't know.