I might try that out today, need to spice things up
There rai stones of yap had no industrial case yet were a functional money until their supply could be inflated. You can say its not real, even though it takes real work to create, but im skeptical that this matters. What about individual use case? I bought my vpn sub with bitcoin, there is no other feasable way to anonymously get a vpn subscription, thats useful to me.
Does regression really take precedence over monetary properties? With bitcoin i can send it across borders to someone ive never met, know that the transaction is secure, while preserving my privacy, and knowing that the quantities are a fraction of a fixed supply. Those qualities will never be replecated in fiat, they cant be copy/pasted to another shitcoin, and I cant see any way theyd ever be replecated in gold. Yet, none of that matters because I cant put it in a machine as a raw material, none of those other use cases matter compared to melting it down to make a computer chip?
Yea I think you got some bad information bud, cant say for certain but the SEC owning assets would be new to me.
Seems like the new covid scare couldnt find traction, power depends on peoples willingness to accept it.
Could they stop lying if they wanted too?
https://www.cnn.com/2023/09/20/politics/government-shutdown-house-republicans/index.html
Everyone knows that the government is not "shutting down" under any circumstances? They will eventually raise the debt limit, that's a forgone conclusion. At the very worse, federal employees may get a short vacation after which they will be paid.
This is just another distraction from the fact that the State abuses people both foreign and domestic.
Arguably not, their only strategy is to lie themselves deeper until they cash out their influence for a payday. If they told the truth only god could save them at this point.
You dont need to dox yourself, I have a totally anonymous proton account.
I wouldnt call him a troll, his basis seems rooted in mises regression theorem, i dont agree with him but gold bugs are our closest cousins. Though he did seem to be confusing bitcoin with being a liability today, that one doesnt follow.
Probably because you could make an infinite number of aliases with lnurl auth (i think)? I paid in bitcoin that i coinjoined on wasabi.
I try too and then I listen to another 5 minutes of the creature from Jekyll island or think about how weve been robbed and im breaking clipboards at work.
They couldnt get him on murder for hire because there was nothing there, and at least or or 2 of the agents that was after him were also convicted for good reason. The government doesnt just not prosecute you on something just because theyve already got you, they would have hit him with the broadside of the book if they were capable. The judgement against him literally cited his political leanings as justification for his sentence too, hes locked away for forever because they dont like people believing in freedom.
UTXOs today are as uniform as gold was before the minted coin, before which the gold could have been better traced to origin by its melt and form. Coinjoins and payjoins strip identifiable information out and can provide uniform outputs. Upgrades to the network will bring cross input signature aggregation, allowing these functions to be performed in a very decentralized manner.
You could say that the total supply of fiat is limited at any single moment, but I would argue this does not constitute scarce.
-Scarce would imply a marginal cost of production that fiat does not have, more can be created by political means.
-your definition of scarcity here would imply that nothing is *not* scarce, a jpeg may only have been copied to a million harddrives, but could be copied to 10 million more at essentially zero marginal cost.
Bitcoin on the other hand cannot be created without the marginal cost of production, determined by your computing power (linked to physical cost by your price of electricity) and the total computing power of the network. Further, even taking your arguement at face value, fiat still fails in its centralized issuance and control.
I would be highly skeptical that you could find a crypto that offers these points in better spades than bitcoin. Monero for instance could be said to be more private, but your privacy set, the total number of transactions yours is hidden behind, is limited compared to bitcoin. You would be better off using a coinjoin, a payjoin, or even liquid, compared to using cryptos that lack the economic activity to properly hide amongst the crowd. Further, any additional feature set you find in a crypto will sacrifice a more fundamental feature that bitcoin has, like decentralization, monero would not be able to maintain any sense of decentralization if there transaction volume did go up, because their scaling solution is allowing bigger blocks.
Having been created as opposed to found, the initial distribution is produced through a subsidy on recording transactions to the blockchain. Admittedly this isnt ideal, but of the ways to manage the initial distribution without a central authority this is probably the most honest, and provides a security budget for bootstrapping the network until fees alone can fund mining.
It is a ledger system, in that I agree, bitcoins are comprised of the record of transactions that created them, the UTXOs. However, there is an important distinction between this and traditional ledgers in that the total supply and record of transactions is continuously verified by anyone with a node.
Since there is no central issuer, no trusted counterparty, there is a provably scarce supply, and the asset itself can be held in self custody, I would argue its not possible for it to be a security.
As to defining a commodity, I think, and its not a crystalized definition:
-scarce
-uniform
-primary product
-no central issuance/control
-can be used in trade.
Fiat fails in all but the last; cryptos fail in their inability to resist a central issuance/control and scarcity; physical commodities like oil and gold pass for obvious reasons; bitcoin passes all of these too. I dont think I have ever seen a single perfect definition of a commodity, maybe you have one to cite, but classifications that categorically reject things because they dont manifest in the physical world seem logical prior to bitcoin, but with the advent of true digital scarcity its maybe worth revisiting.
This is based on the idea of bitcoin being a liability, a promise for some other item of value akin to a paper promise for gold. Bitcoin doesnt need a backing, it doesnt require reserve assets, it is the backing, its not a security or liability to anyone, it is the commodity itself. Now, of course you believe in regression, so you could argue bitcoin has no value of its own, but I dont think you could argue that it is a security.
"Fuck you, fuck you, you said we couldnt do it fuck you, youre kinda cool lets trade, fuck you"
The asbestos, the energy efficiency, the cost of a controlled demolition under legal methods, the ability to collect insurance, and more ive heard. This film only briefly covered the incentives, it was more about the technical analysis of how the planes manuvered, the characteristics of the collapses etc.
Ill need to find another one that goes in depth on the characters involved if you have any recommendations.
Ive always known aspects of it were an inside job, but I assumed it was also a "never let a good tragedy go to waste", it now seems clear it was fully orchastrated from the top down.
So I finished watching september - 11 the new pearl harbor (its 5 hours worth watching). My honest takeaway was "was bin laden in on 9-11?". Seems kind of silly to say, we have the writings of bin laden saying why they attacked the towers, we have the al queda declaration of war, yet something doesnt seem right. The movie lays out a compelling enough case that not only was a controlled demolition possible, not only probable, but that it would have been seemingly impossible to have happened any other way.
Bin laden had a lot of creepy family connections that I cant speak much too, and he was trained by the CIA. But theres more, Scott Horton has repeatedly detailed how the US basically let Bin Laden escape to Pakistan, and how the Taliban was ready to give up Bin Laden and help combat Al Queda, the natural conclusion I originally came to was they wanted a war in Afghanistan for other purposes; what if its deeper than that?
Maybe, its a thought, Bin Laden was our asset and on board with the CIA to carry out 9-11, and we let him escape because his survival justified the war. At some point he became politically inconvenient so we had him killed to tie up loose ends.
Its not an $100 million jet, weve spent $1.7T on less than 300 of them, its a $5.5 billion jet.
Actually I like it this way, sometimes ill drop the odd snort link into text messages and facebook groups; unlike some other social media platforms *cough-all of them* it actually works with nostr and you dont need an account.
I guess a link for only other nostr users would be nice, I think if you do lightning:url on android it opens that url on whatever lightning apps you have on your phone, something like that should be easy enough aside from the UI clutter.
Yea im not buying electricians have a high suicide rate, decent pay for skilled labor thats always in demand. The work can be tough at times, but the upper bound is like, its kinda fuckin hot in here and im not getting out of this attic just to grab my good pair of crimps.
