Amethyst is cucked too

"In the progress of industry, commercial nations have found it convenient to coin several different metals into money; gold for larger payments, silver for purchases of moderate value, and copper, or some other coarse metal, for those of still smaller consideration, They have always, however, considered one of those metals as more peculiarly the measure of value than any of the other two; and this preference seems generally to have been given to the metal which they happen first to make use of as the instrument of commerce. Having once begun to use it as their standard, which they must have done when they had no other money, they have generally continued to do so even when the necessity was not the same. The Romans are said to have had nothing but copper money till within five years before the first Punic war (Pliny, lib. xxxiii. cap. 3), when they first began to coin silver. Copper, therefore, appears to have continued always the measure of value in that republic. At Rome all accounts appear to have been kept, and the value of all estates to have been computed, either in asses or in sestertii. The as was always the denomination of a copper coin. The word sestertius signifies two asses and a half. Though the sestertius, therefore, was originally a silver coin, its value was estimated in copper. At Rome, one who owed a great deal of money was said to have a great deal of other people's copper."

Adam Smith writes about the history of currency debasement in The Wealth of Nations. 🤓

pulling out the no blue light nostr client to keep the women away

#asknostr I’m trying to orange pill my neighbor but I want to show him the chart that was passed around a week or so ago. It showed BTc market cap at 1.7t as a small box next to other markets like art, real estate, gold etc. I can’t find it. Please help.

#asknostr I’m trying to orange pill my neighbor but I want to show him the chart that was passed around a week or so ago. It showed BTc market cap at 1.7t as a small box next to other markets like art, real estate, gold etc. I can’t find it. Please help.

How do we make opening and closing channels cheaper for new individuals

#asknostr

I like it a lot.

Have the Christmas songs started yet ???

#ask #askstr #asknostr

Your favorite password manager?

#asknostr

politics2024.nostr1.com is gone now. thats the neat part about ephemeral relays.

If you run a web shop, a web hosting business or you offer VPS rental etc. you might want to use Cashu to improve your customer's privacy and avoid having to handle and store toxic data.

Here is how a VPS provider could use Cashu to unlink payments from purchases:

- Costumer logs in

- Charges their account to obtain Ecash minted by your own service (for example Bitcoin in, Ecash out or Fiat in, Ecash out)

- Ecash appears as the user's balance

- User uses Ecash to rent a VPS, paying it back to you

We made everything so easy that this can be integrated into your website using a simple wallet library. From the user's perspective, nothing changes compared to a classical top-up and purchase experience.

That way, you wouldn't need to know which credit card transaction belongs to which VPS purchase. No custodial risk eitther, you're the service provider.

Win win.

Its a registered company they must comply with law. 🤷‍♂️