Are you kidding? The real Satoshi Nakamoto wouldn’t care about copyright. He gave us the gift of Bitcoin anonymously and then faded away.
https://twitter.com/watcherguru/status/1644394702752317460?s=46&t=Cm9We2q5thnalUMnU0V8ow
lnbc12340n1pjrpyr9pp57c98atr2phxnk4mp387svl0xkxuk7mdsm8tsz0vuq5j70n807q0sdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp5cgzqejnxl4g6pculzs94x7qv9t7yjha89c0nvnujs94euxhddevs9qyyssqgqchtxq88770drwzpy6qrhuqpvx5hfcqtsys0nyngzr4qe5m9ddsa9uwlt20l6x3hldht03an7q7f8fq9esme45nzyqe9mk76jmncegp2vf62c
Texas Bill Would Create State-Issued Gold-Backed Digital Currency https://www.zerohedge.com/markets/texas-bill-would-create-state-issued-gold-backed-digital-currency
If they can control it, no thanks.
They always say DYOR. This is the way. Take advice when it comes, but evaluate it critically. Take it or reject it. Better yet, study and draw your own conclusions. One of my favorite quotes from Starship Troopers is, “Figuring things out for yourself is the only freedom anyone really has. Use that freedom.”
Doesn’t infinite money printing threaten national security even more?
https://watcher.guru/news/us-treasury-says-decentralized-crypto-markets-threaten-national-security
My mom and my grandma before her made liver and onions and it was amazing. I’ve had it other places over the years and it tasted like trash. I need to find Mom/Grandma’s recipe to share with you.
Any day now. Hopefully in time for Easter. What a perfect time to hatch some chicks!
Nayib Bukele, president of El Salvador, just tweeted:
“Think what you want about former President Trump and the reasons he’s being indicted.
But just imagine if this happened in any other country, where a government arrested the main opposition candidate.
The United States ability to use “democracy” as foreign policy is gone.”
I’m not exactly sure what I think about Trump or Biden as people, but I think I know their politics pretty well. The problem is that my political views are almost irrelevant due to the theater of Trump’s legal woes, Biden’s word slurring, both of their classified documents, the nepotism of the Trump family at the Whitehouse, Hunter Biden’s shady dealings with Ukraine and the laptop, Nancy Pelosi and other politicians’s obvious insider trading, etc. Not only is it exhausting, but it is making the USA look like a joke on the world stage. Domestically, there is gridlock. I think the US two party system is broken.
I have 9 dozen eggs in my fridge from the last few days, ready for distribution to family and neighbors this weekend. Looks like yours, an Easter egg basket full of color every day. Very satisfying and rewarding.
Not yet. I guess that’s the next logical step.
Isn’t Microstrategy’s possession of so much Bitcoin centralization? Doesn’t that run counter to Satoshi’s vision? Maybe Saylor needs to spend some of it or donate to the plebs here. I’d appreciate a zap from his stash.
I have a lot of hobbies. I run, brew beer, keep bees, raise chickens, and pay attention to politics. However, I’m finding that studying and hodling #Bitcoin is entrenching itself as one of my favorite hobbies right now. A worthy pursuit and great use of time 🙂
Why Most Of The World Isn't On Board With The NATO-Russia War https://www.zerohedge.com/geopolitical/why-most-world-isnt-board-nato-russia-war
I’m not too sure I’m on board with the Russian war either. Even our buffer states are taking sides. Probably not a great thing.
69 sats on the way to prove there is hope for humanity.
Just for fun, I asked chatGPT through Bing if there are any positive outcomes for the United States if it loses its global reserve currency status. I’m glad it came up with a couple positives. On the whole, it doesn’t sound like it’s something we want to happen. Nice of Bing to provide the sources!
“The United States dollar has been the world's reserve currency since the Bretton Woods Agreement in 1944⁶. The reserve currency status of the US dollar has many benefits for the US economy, including lower borrowing costs and higher demand for US assets². However, there are also some potential benefits to losing reserve currency status.
One potential benefit is that it could help reduce the US trade deficit by making US exports more competitive¹. Additionally, it could help reduce the US budget deficit by reducing demand for US Treasury bonds¹. Losing reserve currency status could also help reduce global economic imbalances by reducing the need for countries to hold large amounts of US dollars³.
However, there are also some potential drawbacks to losing reserve currency status. For example, it could lead to higher borrowing costs for the US government and higher inflation². It could also lead to a decline in demand for US assets, which could lead to a decline in the value of the US dollar².
Overall, while there are some potential benefits to losing reserve currency status, there are also some potential drawbacks. It is difficult to predict what would happen if the US were to lose its reserve currency status, as it would depend on a variety of factors such as how quickly it happened and what other currencies replaced it⁴.
Source: Conversation with Bing, 4/4/2023(1) What Happens If The U.S. Dollar Is No Longer The World's Reserve Currency. https://cyber.harvard.edu/cyberlaw_winter10/What_Happens_If_The_U.S._Dollar_Is_No_Longer_The_World%27s_Reserve_Currency Accessed 4/4/2023.
(2) The ‘reserve currency’ myth: The US dollar’s current and future role in .... https://www.ussc.edu.au/analysis/the-reserve-currency-myth-the-us-dollars-current-and-future-role-in-the-world-economy Accessed 4/4/2023.
(3) Could the US dollar lose its reserve-currency status? - AllianzGI. https://bing.com/search?q=why+losing+global+reserve+currency+might+be+good+for+united+states Accessed 4/4/2023.
(4) Could the US dollar lose its reserve-currency status? - AllianzGI. https://www.allianzgi.com/en/insights/outlook-and-commentary/could-the-us-dollar-lose-its-reserve-currency-status Accessed 4/4/2023.
(5) Dollar Dominance and the Rise of Nontraditional Reserve Currencies. https://www.imf.org/en/Blogs/Articles/2022/06/01/blog-dollar-dominance-and-the-rise-of-nontraditional-reserve-currencies Accessed 4/4/2023.
(6) Could The U.S. Dollar Collapse? - forbes.com. https://www.forbes.com/sites/qai/2023/03/29/could-the-us-dollar-collapse/ Accessed 4/4/2023.”
To qualify what I said about not wanting it to happen, that’s in the short term. No matter what the new reserve currency will be, and there will be a new one eventually, there will be a great deal of short term pain in the transition. Doesn’t seem like it would be very pleasant at all.
Just for fun, I asked chatGPT through Bing if there are any positive outcomes for the United States if it loses its global reserve currency status. I’m glad it came up with a couple positives. On the whole, it doesn’t sound like it’s something we want to happen. Nice of Bing to provide the sources!
“The United States dollar has been the world's reserve currency since the Bretton Woods Agreement in 1944⁶. The reserve currency status of the US dollar has many benefits for the US economy, including lower borrowing costs and higher demand for US assets². However, there are also some potential benefits to losing reserve currency status.
One potential benefit is that it could help reduce the US trade deficit by making US exports more competitive¹. Additionally, it could help reduce the US budget deficit by reducing demand for US Treasury bonds¹. Losing reserve currency status could also help reduce global economic imbalances by reducing the need for countries to hold large amounts of US dollars³.
However, there are also some potential drawbacks to losing reserve currency status. For example, it could lead to higher borrowing costs for the US government and higher inflation². It could also lead to a decline in demand for US assets, which could lead to a decline in the value of the US dollar².
Overall, while there are some potential benefits to losing reserve currency status, there are also some potential drawbacks. It is difficult to predict what would happen if the US were to lose its reserve currency status, as it would depend on a variety of factors such as how quickly it happened and what other currencies replaced it⁴.
Source: Conversation with Bing, 4/4/2023(1) What Happens If The U.S. Dollar Is No Longer The World's Reserve Currency. https://cyber.harvard.edu/cyberlaw_winter10/What_Happens_If_The_U.S._Dollar_Is_No_Longer_The_World%27s_Reserve_Currency Accessed 4/4/2023.
(2) The ‘reserve currency’ myth: The US dollar’s current and future role in .... https://www.ussc.edu.au/analysis/the-reserve-currency-myth-the-us-dollars-current-and-future-role-in-the-world-economy Accessed 4/4/2023.
(3) Could the US dollar lose its reserve-currency status? - AllianzGI. https://bing.com/search?q=why+losing+global+reserve+currency+might+be+good+for+united+states Accessed 4/4/2023.
(4) Could the US dollar lose its reserve-currency status? - AllianzGI. https://www.allianzgi.com/en/insights/outlook-and-commentary/could-the-us-dollar-lose-its-reserve-currency-status Accessed 4/4/2023.
(5) Dollar Dominance and the Rise of Nontraditional Reserve Currencies. https://www.imf.org/en/Blogs/Articles/2022/06/01/blog-dollar-dominance-and-the-rise-of-nontraditional-reserve-currencies Accessed 4/4/2023.
(6) Could The U.S. Dollar Collapse? - forbes.com. https://www.forbes.com/sites/qai/2023/03/29/could-the-us-dollar-collapse/ Accessed 4/4/2023.”