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Liberty Farmer
e3aefda887252a72cee3578d33b2dcd90e9fe53b8bed6347ef5e26f74211adbb
Lead Hamster at HAMSTR - NOSTR over HF Radio HAMSTR is live, see github link in profile.

Why not just use dollars? Coinbase has dollars/cash you can trade in and out of.

Umm, ok? Just pay in dollars from a bank account like 99% of people. Centralized USDC has no value in any way.

HONEST QUESTION:

What the heck do you need KYC usdc for??

You can just use the dollar. There is no advantage to using USDC through exchanges or otherwise. I can use cash app, Venmo, zell, visa, mc, etc...

USDC is centralized and captured, so what is the point?

As a ham packet radio enthusiast l, I still hear it. haha

nah, no moment of silence. dude got greedy, likely lost a bunch, the didn't buy back because it was going to 12 or even 8k.

hilarious, actually.

stay humble

The US GDP in 2019 was 21.79T

The US Debt was 23.2T

The current GDP is 27.36T

The current debt is 36T.

What does this mean?

The US Government has dumped almost 12 Trillion into the economy(Treasury General Account currently has 900B) since 2019.

The Economy has 'grown' by only 7.5T in that time frame.

In reality, since GDP included government expenses, the economy has shrunk by 4-5Trillion.

We have the demand of a 29T global economy with the production of a $25 Trillion one. This is why everything feels messed up.

Businesses can't fill jobs, housing can't be built fast enough, retail and food supply can't keep up despite lower demand and high credit card balances, truckers can't carry enough loads, and on and on. Big banks and those close to the fed have mega interest coming in from new loans and treasuries, and there is no slowdown coming.

It goes back decades of course, just not to the level of post pandemic number go up.

Don't let them tell you 'the economy is doing great!', it's all bullshit created by fiat spending.

#endthefed