So right. I've explained it to many people in my life and they don't seem to get it, nor do they believe in themselves to be responsible for bearing the asset. People have gotten lulled into a false sense of security with usernames, passwords, 2 factor Authentication, and trusted third parties. Few people understand how badly they need an asset like this. I stacked in 2018, 2020, 2021, 2022, every single day in the last 15 months, and I still don't feel like I've got enough.

Immediately remembered a nurse who had a repeat patient who’s boyfriend was using her stoma for his pleasure, causing her injury and infection but they wouldn’t stop. People are wild.

I agree in the sense that looking at aggregates like this is rather Keynesian so it misses the plight of large groups of individuals who aren’t well off and places them alongside those who are. Absolutely I’m cognisant of that.

However, even the not well off Boomers are infinitely better off than the demographics behind them. For example, they get their primary residence excluded from assets test for the pension - they’ll literally be sitting on million dollar homes that they bought for $25k 30 or 40 years ago, bilking the public purse, because they think they’re “entitled” to a pension after paying taxes, not understanding that their tax contributions don’t cover fuckall of what they’re now receiving in benefits and they’re basicallly consuming the taxes their great grandchildren will pay in.

If you’re a Zoomer or Millennial who loses their job you’ll be forced to spend down any savings you’ve accumulated before you can access Centrelink, but we let Boomers keep their houses and get their welfare - it’s just completely off.

Same goes for healthcare - 30+ year olds are forced to pay for private insurance else they get slugged extra fees and the scheme is purely there to subsidise the Boomers who utilise the system orders of magnitude more than young people. That’s government interfering with the private sector, nevermind how much Boomers draw down on public health because they think it’s “free” - Aged Pension and Medicare are the biggest expenditures in the Federal budget by far which is why this first graphic skews so heavily towards the 65+ cohort.

Nevermind the “free” Uni they got before pulling up the ladder behind them where Zoomers and Millennials rack up $20k-$50k+ in HELP debt before they even enter the workforce. Throw in the degradation in quality as the Unis now gear themselves to International Students, pushing “group work” where the Aussie students basically carry the foreigners, many of whom have paid to cheat the English language test and shouldn’t even fuckin be there.

It’s fair to say there is a small cohort who make up the bulk of those savings in the second graphic, I don’t have the data but I’m pretty sure it’s a lot more than 2% though. Regardless, they are as a cohort hugely net beneficiaries of government spending in a way that is completely unsustainable - I don’t even mean from a debt perspective, I mean from a social cohesion perspective.

You can be an absolute top performing young person, work your way up to $200k salary, and you’ll get fucked by a combo of huge taxes, student debt, and a housing Ponzi which for all intents and purposes the domestic population is locked out of.

We are therefore at huge risk of braindrain, losing our best and brightest because their output is completely consumed by a cohort who demand more and more money be thrown at them or they’ll crack the shits and vote out the government despite contributing three fifths of fuckall to the economy.

That’s why Boomers becoming climate zealots shits me so much - they’ve already looted the treasury and now faced with their own mortality they project their naive irrational fears on to the rest of us and demand MORE money go towards Government interventions all over the shop even though THEY refuse to pay for any of it with their accumulated wealth.

Lack of Hope Leaves People Vulnerable to Scams

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Low time preference behavior is a sign of prudence and faith, serving as an investment in an uncertain future. Such an investment necessitates a degree of trust that future rewards will materialize. However, many people, influenced by past betrayals and hardships, are skeptical about the future. This skepticism manifests as high time preference behavior, a focus on immediate gratification that often comes at the expense of long-term planning.

Hope is an essential ingredient in our ability to envision and invest in a better future. It's the cornerstone for building meaningful relationships, sustainable businesses, and vibrant communities. This kind of genuine hope can't be manufactured; it must be nurtured through trustworthy actions and the fulfillment of promises.

Interestingly, even those who scam must initially fulfill some promises to establish an illusion of hope. This facade is particularly alluring to individuals with high time preferences, who are desperate for something, anything, to believe in. These people are more susceptible to scams because living a life devoid of hope is, for them, insufferable.

The foundations for a promising future are hope and trust. These qualities are nurtured or eroded through our experiences and social interactions, shaping our expectations for what lies ahead. Unfortunately, the fiat monetary system undermines these foundations by eroding trust and destroying hope. It is through the adoption of sound money that we can begin to rebuild these essential human virtues.

In summary, as long as people are devoid of hope, they will remain vulnerable to scams and deceptions.

Just looked into it... planned to blow up parliament and install a Jesuit order. Fuck that guy, and as a bonus fuck all Jesuits

sounds complex. we just boil the milk, let it cool, add a few table spoons of existing yogurt, let it sit in a warm place like inside an oven overnight and let it set. At least that's how my grandma taught me.

What’s your interpretation of the popularity algorithm?

No idea what's going on there, six is a very well known package for python 2/3 interop

Gad Saad is mentally Ill, I followed him for years but this ia the most pathetic satanically inverted text I ever came across.

My opinion

Jezus, sorry for the typos

Using Amethyst, I just tried to zap someone and got the "User doesn't have a wallet set up" message." I chose for the "Send them a message" option. Then I get a window about gift-wrapped messages, and how I need to make sure the recipient's client can handle that feature. The two options given after that are "Never display this message again" and "Activate!". Which is an odd combination for multiple reasons, but that's a separate issue.

If I activate it, am I no longer able to send and receive with clients that don't gift-wrap their messages? What about Mastodon users, (since this non-zappable DJ is a Mastodon-user-appearing-in-Nostr)?

The introduction to this feature is very confusing.

#asknostr #amethyst

This is the quote that made me "get it", and start running my own bitcoin node.

"Yes (you will not find a solution to political problems in cryptography.), but we can win a major battle in the arms race and gain a new territory of freedom for several years.

Governments are good at cutting off the heads of a centrally controlled networks like Napster, but pure P2P networks like Gnutella and Tor seem to be holding their own."

Satoshi Nakamoto

Imagine a bowl of soup. The Fed adds water while claiming to make it possible to feed 100 people. But it still has the nutritional value of one bowl of soup. No matter how much of that "soup" people think they are consuming, they are still starving.

That's what the Fed is doing to the money. Everyone thinks they are getting more for their house or their stocks or their 10 year old car, but they are actually getting poorer.

#Bitcoin is the exit