Because we realized that real progressives had no representation in government. None.
Even those that have been consistent and honorable are simply powerless to do anything. All we can do is watch the car go over the cliff.
We could pay it down and even pay it off. But Congress refuses to even try.
A trillion is such a large unit of measure that is incomprehensible to the average person. But, when a trillion is used in the context of more frequently understood units of measure (hours, years, etc) it quickly reveals just how gigantic a trillion is.
Thank you nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa for putting $35.3 trillion of US debt into context for us.
nostr:note1905kncl5xypec569zgmk24expgak8a6mtmzee5srf8qmex00nt6sjelyfm
I'll always believe it is possible to pay it down and even pay it off. I just know that Congress have absolutely no intention of doing so.
The only income stream built into Bitcoin is mining, and if you don't own and run the miners, it's a rug pull just waiting to happen. You can earn yield on other things like fiat or staking chains, but the only thing you need to do with Bitcoin is buy, secure and hold. Nothing else.
Britain is where some of my ancestors came from, traveling to Plymouth and Salem in 1643. I'm proud of that heritage, even though I know what they were fleeing from and how hard life was in the early colonies.
I fell in love with a girl whose parents were from the UK back in the 90's, but because she had been born over there she was required to become a citizen of the US or go back to her home country, even though the US had been her "home country" since before she was able to walk or speak. Now I see her posts struggling to take care of her family in a failing economy.
My biggest exposure to the UK is through the TV show "Time Team" which my wife and I enjoy watching on Amazon Prime Video and Youtube. Such a rich history of struggle.
Just like most other countries, the UK has great potential to take their history, their resources and their people and turn it into an amazing story of success as we all build towards a Type I civilization. But just like the vast majority of other countries, the UK is dealing with a failed monetary foundation and politicians who are beholden to banks and the other slave drivers of debt. Until they break the yoke, things will get worse before they get better.
The only engagement needed is to click on the profile to see whether that type of post is a one-off where they got up on the wrong side of the bed, or a pattern of behavior. If it's a pattern, I'll mute the profile and move on. Nothing else.
In the beginning, there was the code, and the code was with the Creator, and the code was the essence of decentralization. In the vast expanse of the digital realm, lines of cryptographic text emerged, forming the foundation of a new world. The Creator saw that the network was good, and so it was divided into blocks, each a testament to trust and transparency.
And the Creator said, “Let there be a ledger,” and so the genesis block was forged, the first of its kind, inscribed with the words that would echo through the ages: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” Thus, the birth of Bitcoin was heralded, a beacon of hope for the disillusioned and a challenge to the traditional powers.
The blocks multiplied, each one containing the history of transactions, the traces of value exchanged among the people. The miners toiled in the depths of computation, securing the network and ensuring the integrity of the chain, as the first nodes sprang forth, each one connected in a web of trust. And the Creator saw the network grow, vibrant and self-sustaining, a testament to the power of collective belief.
From this digital garden, innovation blossomed, and the people began to see the promise of a new economy, free from the shackles of intermediaries. In their hearts, they carried the vision of a world where value could flow freely, where every individual held the keys to their own destiny. And thus, the saga of the Bitcoin blockchain began, a journey into the uncharted territories of finance and freedom.
Not true, honestly. The taxes are due, and they need to be part of the equation from the very start, otherwise the government will come by and claim the entire wallet.
The state of Louisiana started accepting Bitcoin, Lightning and USDC. But what they're doing is using a third party provider to translate that capital directly into US Dollars to "protect the taxpayer from volatility". It's stupid, and it's insulting.
I think it would be great to have local businesses accept BTC, but unless and until they are willing to take the BTC and actually use it to pay their vendors, their utilities and their employees, it's just a useless gesture. So I believe things like this have their place in areas of the world where the local currency has already collapsed, but not really appropriate within the US where we have the strongest fiat currency. We all know how things will go eventually, but I honestly think having people in the US just using it as a store of value while the Federal Reserve finishes their work to destroy our monetary foundation is the best course of action.
Nostr 2:1-3 Rabble Version:
Engage not, that ye not be engaged. For with what posts ye engage with, ye shall be engaged: and with what measure ye mete, it shall be measured to you.
Louisiana now accepts Bitcoin and USDC for state services like licenses and fees, becoming one of the first U.S. states to integrate digital currencies in payments.
https://bitcoinnews.com/editors-picks/louisiana-john-fleming-bitcoin/
Interesting, but useless. They are using a service to convert the capital directly into US Dollars no matter what is used during the initial transaction, so it's the third party provider that gets the Bitcoin, not the state itself. That makes this nothing but a shell game, and not real Bitcoin news.
I did 15minute videos on stocks for about a year, and burned out. content creation is hard.
Neither of the two top candidates have any intention to balance the budget and save the financial foundation of the United States. I will vote for the one that matches my issue positions at 80% rather than 25%, but I'm not expecting either of them to move the needle in the right direction for what I really care about, which is humanity's future.
I think private group chat is a huge opportunity for Nostr. The population of users would explode if it could be perfected enough to be secure and private.
So, will that mean that we will be told to never use our electronic devices on planes? Or in hotels? Or in our homes?
Where the hell does this go?
