Right on schedule. Here is your CBDC launch.
https://www.frbservices.org/news/press-releases/031523-july-launch-announced-for-fednow-service
Moody’s weighs downgrade for six US banks following SVB collapse
🤡
Lawyers in the house..AI can create 1-click lawsuits in seconds
DoNotPay is working on using GPT-4 to generate "one click lawsuits" to sue robocallers for $1,500. Imagine receiving a call, clicking a button, call is transcribed and 1,000 word lawsuit is generated. GPT-3.5 was not good enough, but GPT-4 handles the job extremely well:
https://twitter.com/jbrowder1/status/1635720431091974157?s=20
GM #plebchain, stay humble, stack sats, and think for yourself.
GM Argentina 100% inflation🤡
“Never underestimate the power of stupid people in a large group”—George Carlin
https://twitter.com/jcokechukwu/status/1635369727282536450
t's called going back to sound money now that #Bitcoin has a new feature called salability over space
#Bitcoin is salable over space Gold never had this.
*its
https://twitter.com/jcokechukwu/status/1635369727282536450
t's called going back to sound money now that #Bitcoin has a new feature called salability over space
#Bitcoin is salable over space Gold never had this.
What Bitcoin Brings
- Scarcity (21 Million)
- Censor resistance (no oppression)
- Immutability (no fraud)
- Openness (no barriers)
- Transparent (no lies)
- Global (no borders)
- Trust-less (no laws)
- Deflationary (no inflation)
- Accountability (no cheating)
- Decentralization (no centralization)
- Internet (no intranet)
This last point is about the point of the banks having the largest money network, but I believe the internet is a larger network and directly corresponds to blockchain as a protocol.
The FBI Just Admitted It Bought US Location Data
Rather than obtaining a warrant, the bureau purchased sensitive data—a controversial practice that privacy advocates say is deeply problematic.
https://www.wired.com/story/fbi-purchase-location-data-wray-senate/
No need for a warrant when you let them in.
Secure messaging apps line up to warn UK’s Online Safety Bill risks web security
WhatsApp and Signal say they'd rather be blocked than weaken E2E encryption
https://techcrunch.com/2023/03/10/uk-osb-e2ee-warning/
Bureaucrats, governments and 20th century thinkers are underestimating the resistance.
"Lightning is the way to make bitcoin the universal mainstream currency it was designed to be. This is how we’re going to bring open financial services to everyone. And we’re scaling Lightning by inviting people to participate and share in the gains." - Roy Sheinfeld
The Breez Open-LSP Model: Scaling Lightning by Sharing ROI with 3rd-Party LSPs
The 20th century was the first where technology enabled forms of violent state competition, as well as peaceful globalization, across the full scale of the Earth. Moreover, the same technology made possible the organization of massive state systems to project power and maintain integrated, centralized control over large, diverse populations and cultures. - Matthew Pines
THE FUTURE GEOPOLITICAL ORDER AND BITCOIN: AN INITIAL ASSESSMENT
https://bitcoinmagazine.com/future-geopolitical-order-and-bitcoin
GM #plebchain, stay humble, stack sats, and think for yourself.
33602-3706
GM #plebchain, stay humble, stack sats, and think for yourself.
GM #plebchain, stay humble, stack sats, and think for yourself.
A single engineer broke the Twitter API
How a single engineer brought down Twitter
Elon Musk’s steep layoffs have left Twitter with so few engineers that only one person was on a major project involving the platform’s API.
https://www.theverge.com/2023/3/6/23627875/twitter-outage-how-it-happened-engineer-api-shut-down
Single points of failure are notorious for showing up in times of great changes.
Maybe while reforming a business or consolidating funds onto one hardware wallet while user/entity move.
Pay extra attention when your routine changes.
Silvergate Capital, popular institution for crypto companies, to liquidate, close up shop
Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown
https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html
The events of the last several months have shown us how pervasive and intertwined third-party risk can be.
Be mindful of the tradeoffs you're making when investing and securing your wealth, and always have a contingency plan.
GM #plebchain, stay humble, stack sats, and think for yourself.