I saw Saylor’s post and it got me thinking. We always encourage DCA but we always reference annual performance - just buying at beginning of the year and selling at the end. This seems like a good strategy for those who want to take profits.
According to Minsky, Ponzi Finance is characterized by inefficient debt accumulation resulting in company bankruptcies, tightening credit standards, and eventually a sudden economic crash.
One way Ponzi Finance can be created is through a rapid rise in interest rates.
Companies that require short term financing and rolling over debt become unable to pay principle due to rapidly growing interest. Tightened lending standards (credit crunch) make it difficult for companies to get new financing and are forced to default. In the process companies fire sell assets, resulting in asset price collapse triggering issues with other companies and a viscous cycle crash.
The central banks think they are fighting inflation. They are actually forcing Ponzi Finance and driving the global economy towards a Minsky Moment.
Next stage of financial crisis probably comes from somewhere we are not expecting. Insurance companies?
I’m working on a directory website for breweries/brewpubs/etc. that accept Bitcoin. The website is bitcoinbreweries.com
It currently does not have any listings - I’m reaching out to breweries I’ve found online that have said they accept Bitcoin, but If you know a brewery that currently accepts Bitcoin, or has within the past year can you let me know their name and address or country? You can use the form on the website or message/comment here.
This would be a big help. Thanks!
A timer on a website (I don’t own) continuously resets using a decay function. I’d like to write a program that can measure time between resets to calculate the decay function. Any tips?
Can a business thrive if it can’t save any money but it’s capable of making an unlimited number of transactions?
“If you’re not connected to the dead and the unborn, you’re not living…and you’re definitely not thinking.”
Simple Bitcoin is really cool, it’s like Duolingo meets Bitcoin:
https://simplebitcoin.page.link/51yciZeBf3bBsEJB6
Downside is you need to create a login with email to withdraw Sats but was lightning fast and let’s you choose wallet app to send Sats to.
Link above is my referral btw.
Regular site link:
I feel like elimination of fraudulent transactions is an under-emphasized Bitcoin value prop.
Ok thanks, maybe something with Damus. I have iOS - could be related to app delisting?
I switched to WOS from ZBD, would you mind doing a quick test zap?
I’m making a website where you can search and find breweries that accept Bitcoin near you. I’m compiling a list of breweries based on google search and r/Bitcoin searching. Can you guys comment with any breweries you know of who accept Bitcoin?