Recommended reading nostr:note1n9z3tec9xe05ywxa9mnd9ac9ud8r9uhr4nu0nm528ak8ws3d8rrs32g26f
#photography
#bandw 
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.
The sense of a fundamental cultural dichotomy between a unifying force (centralising) and a dispersing energy (decentralising) is an idea which was first raised in 1930's by a Russian Mikhail Bakhtin.
If we assume that we each contain an aspect of both of these forces the challenge is to find a balance which maintains the tension between these opposing forces and avoid veering to either one side or the other.
Agree with sentiment but pack is better than flock imo.
Flock relates to sheep who are inherently selfish. Pack to wolves, who work as a team.
Possible interesting event at Oxford University Mathematics Institute 
Why?
By calling people idiots kind of paints you as a person who is not open to a conversation, which I doubt is an opinion you would want to reflect who you are.
It's very shit, that's for sure.
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This guy is scamming, he will try charge you
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.
#photography
#blackandwhite

After WWII, governments contained a % of ex military personnel. Now zero. Unfortunately the West's current cohort of political leaders lack the skills needed to deal with the current challenges. Things will get worse before new leaders appear.
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.
This would look great printed 3x2 meters


