Avatar
Chad Lupkes
df06d21eca7c19c89d054964b2d9e305a425ebde34403cb0e7966a872b23058f
Wealth based systems are the future. #Bitcoin is the foundation for wealth based financial capital. Critical thinking is required. Bitcoin class of 2017.

In a world of Pomps, be a Jack Mallers.

Banks are NOT making money on 5.5%. The debasement is 3X what CPI claims inflation is. Anything making less than 3X CPI is losing money.

Insured just means custodial to me. Another fancy English word to make people comfortable. Doesn't work for me. Insurance is a scam. ALL insurance is a scam, hard stop.

I don't know about the rewards, but everything else nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 already has, if the merchant can accept lightning payments.

Moving some regulatory responsibility from the SEC to the CFTC is like moving deck chairs on the Titanic. We need an entirely new approach, and a new agency that can provide focus without constantly fighting for dominance.

The SEC is focused on Securities markets.

The CFTC is focused on Commodities markets.

We need a Cryptocurrency Regulatory Agency that is focused on Bitcoin and Crypto markets.

https://docs.google.com/document/d/1n4YbBeR-xd0ssVNT_UwLqVvrpyGrBeQqqbkZ7hU0y9g/edit?usp=sharing

I'm in a lot of investing groups/chats/etc. When someone tells me that they are buying $50k in t-bills because they are earning a 5.40% annualized interest rate, I just shake my head. Inflation from currency devaluation is 3X what CPI is, so they're losing capital by investing in any dollar based security. I'll invest in stocks and funds with a proven historical rate of return higher than 15%, but I won't touch anything that is dollar denominated. Why invest in something where the floor is eroding faster than we can build?

So many of my friends on the left are anti-capitalism, without having any real understanding of what capital is or how to change things. It's like all they want to do is complain about the system, instead of actually fixing it.

so, you won't help promote a local broadcaster who wants to join the community here? What am I missing?

The solution is actually very simple.

Trust nobody and nothing.

nostr:note10del8zvk2l7ax4rj78dmxfs84md6an8esxzapnsdtp8dvqep0yus4p8aqa

Happy Pizza Day!