Woah, let's back it up.

There is absolutely NO chance Trump and co reduce spending. He wants the debt ceiling removed already, lol.

He wants to deleverage, which means literally nothing. He doesn't want to cut actual spending as a whole.

He is 100% behind keeping and even expanding Medicare and social security. That will be more than 70% of the budget in a few years.

30% of the debt turns over this year, 85% of which is currently at a lower rate than today's 2, 10, and 30 year rates. This will balloon the deficit and interest expense. Hence why he wants Powell to lower rates. Except....the fed target is already below the 10 year. Markets don't care.

He wants to spend more on defense, AI, deportations/DHS, power grids, shitcoins, farm subsidies and more.

Trump will absolutely spend more over the next four years than we did in 2017-2024 combined.

He does not want to reduce the state and power, he is a populist.

It is not possible to 'grow' your way out of our debt and annual deficits. GDP included government spending, it's the worst stat known to man.

So no, I do not want to advocate they get more power and control over the economic actors. Not with Biden, Harris, nor Trump. The machine always wins.

Yes. You can already redeem the shares for exact equivalent cash, instead you could withdraw the Bitcoin equivalent.

In theory, when someone sells, they have to or at least want to unload that owned Bitcoin anyway, it may be easier in the long run and gain more wtf bilusiness for them to just send the Bitcoin. Not sure, as I don't work for blackrock, haha

How does running larger deficits dismantle anything?

They won't spend less, obviously.

They will either pass the burden to others, or just let the printer go brrrr.

Advocating them to pick and choose winners and/or help certain people enables their power, not dismantle it.

Wow, what an amazing argument.

To start with, I have 4 businesses across 3 states, 65 employees, and don't myself have W2 'income'. So I would love to know how would you propose I would do that?

But let me get this straight. You are ok with the US government picking and choosing at random(or who has some votes more likely) groups of citizens they seem fit for not paying any taxes. Poor group A, but not B. C but not D?

The tip culture is a drain and people hate it anyways. It encourages businesses in select industries to pay less for labor, and cash tips are always underreported. Talk about encouraging it income tax fraud. Wow.

Jesus Christ that's asinine.

Remove all income taxes, or make everyone pay. Period. The poor don't pay Jack as it is in income tax. It's already a bullshit system. Let's not advocate they make it worse.

Nevermind the fact that the law probably won't pass nor likely pass the 14th amendment challenges that will come either.

I have no idea why tips wouldn't be taxed. It is mind boggling. My income is taxed, so should theirs.

It's not even close either.

I don't see why they have to be. They can easily make built in wallets that aren't custodial. But sure, connecting to one is easier. I also don't think in the long run there will be more than a few clients. Most will die out.

The point is if you have a built in wallet, it should be not custodial. I have zero issues for zaps alone. Built in nostr wallets however have muchore they can be used for. Zaps, on chain, ln payments, large payments on shopstr, sports betting, whatever.

Hopefully in the future, 20 sat zaps won't be the only thing happening on NOSTR.

Don't use custodial wallets....please.

No worries.

What do you mean it doesn't work? It's an open protocol.

Most people aren't going to run a node for nwc.

Haha. Wow. I've only used it to test math and coding skills. Not surprised

The fantastic compilation. Nice share!

nostr:nevent1qqszyqdvwq0jwsrpjlmqg6v9jk2z9cfpjcd48ljuwn4esakcn29uaespz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg8u7u9ytnagzl42syaeh29rwht385ckna9z0u7u4s75jyfd7e7n0cpsgqqqqqqsxcctv6

Could be. I'd say yet another 7-10 or 8-9 season. Yet again not getting a franchise qb

I just have seen him the past few years he isn't the wizard anymore. Old playbooks.

I hope it does. I'm a season ticket holder.

That's doesn't make any sense to me. A full reserve bank should be allowed to make loans out to the public, businesses, etc.. up to their actual deposit level. That's how banking works.

You decide to give your cash or Bitcoin to a bank to earn yield or keep safe. They pay you, they loan it out and make money. You take a risk on deposit they take a risk on the loan.

The best way to minimize risk is to ensure a 1:1 ratio on reserves. Then if a loan goes bad, all depositors take a haircut to cover, then you can continue or pull out or whatever.

The issue isnt full reserve loans, the issue is 1000x loan to reserves.

It is asinine to think that any semblance of modern society can exist, thrive and grow on savings alone. It has never been that way in a thousand years.

If I want to start a commercial printing business for instance. There is zero chance I have the capital to buy the building, machinery, and staff it without a loan. The press alone could be millions. Same goes for many businesses we know and use daily.

Take the printer and fiat out, go full reserve is the proper way forward.

Oof. He's 73 and likely past his prime. As a lifelong raiders fan, I am worried.... He better hire good coordinators!

Without a doubt. I think the key difference for me though is decentralization. We can use it without asking. Not rumble.

In time, we are growing. Slowly.

It's ok. UI is decent, getting better.

The problem is content blows. It's all political stuff. The great value of YouTube is the age and content.

You need to repair a car, YouTube. Plumbing, YouTube, etc .... None of that is on rumble