Ackchually… most bank robber only manage to get away with less than $3000. Also, once you’re doing time, you have to pay rent to a prison gang. So, lose-lose no matter the “great success”.
Oh… so one of those multiple choice questions where there is no wrong answer?
More proof that, once wall gets involved in *any* asset, the performance of said asset goes straight into the shitter.
?width=640&crop=smart&auto=webp&s=2547640793d5ef40125a36e228104b25d7d1db0aIs this from a porno or is it just a European derived stock photo?
Last time I checked, the “purchasing power” of bitcon included converting it to fiat,not the other way around.
?width=640&crop=smart&auto=webp&s=a904d65788ebf8c2faf0e1231c48ab2a944237bbThe Bible is a bit like Peter Thiel… it expects to be taken very seriously for all the wrong reasons.
?width=640&crop=smart&auto=webp&s=f3a1e321bc170007899ffa3515e6a036c8741291Perhaps “freedom” includes the ability to change the messed up things about ones country?
?auto=webp&s=41f8003c6ff0a82bcafaad2aa387bcc6f9d0b732Why does “mom” have a boner?
?auto=webp&s=3b008d4443fc590938dceb7f330fa472add4401aJust let them cook…
Given their lack of trigger discipline I’m not surprised.
The Fed cuts rates again — but signals a pause.
The real headline? Powell says U.S. job growth may be overstated by 60k/month.
Markets rally anyway.
This is how bubbles are born.
https://www.deeppressanalysis.com/
#Fed #Markets #Economy #WSJ
The debt and equity markets are cross contaminated with debasement debilitation.
Nostr desperately needs a USENET layer where the community votes on hashtag niches. Additionally it suffers the same mastodon-like federation issues. I’d be much more comfortable with BitTorrent-like DHT propagated relay lists. This would also address the archive issue where shit just doesn’t disappear into the ether like a fart in the wind.
So… I asked AI what the ratios were between gold in circulation vs in storage vs lost (in accessible by anyone). The answer was ~213,000 vs ~38,000 vs ~3000 (tonnes across all numbers… btw tonnes with two ‘n’s denotes a metric ton or 1000kg). So… just having a bit of fun, I looked at “in circulation” gold only vs the maximum number of bitcon that will ever exist(21,000,000).
That’s 213 million kilograms of gold. Taking it down a bit further, that’s 213 billion grams of gold. Dividing that by 21 million yields ~10,000 grams of gold per bitcon. Divide by 100 million for the number sats per gram and you get ~1 milligram (0.0001 grams). So, 10,000 sats per gram of gold. Since I generally consider one gram of gold to its minimal level of divisiblity (at current spot price, that’s roughly US$135/gram,but let’s try to avoid fiat comparisons).
Returning to the sat level of metric, we divide 100,000,000 (number of sats in a bitcon) by 10,000 (number of sats in a gram of circulating gold) and you get 10,000 (which I am going to call the minimum meaningful level of dividability of one bitcon).
Moral of the story? Don’t believe the nonsense about one bitcon being divisible one hundred million sats. There an anchoring lower bound literally 10,000x above the theoretical one sat level.
At the end of the, both are ruled by an ever changing set of oligarchs. The most recent evidence of the hypocrisy at play on the US side is the “one set of AI rules to rule them all”, followed very closely by the pending SOCTUS ruling on “unitary executive conformation”, vis-a-vis the tariff legitimacy decision. What happens over the next 90 days will be very didactic with regard to how “democracy” is executed… (blindfolded with its back to a wall or reaffirmed, but in desperate need of reformation)
“Productivity” increases are hedonic adjustments against the cost of labor.
The $40k robot is a direct nullification of the minimum wage.
Let’s hope there’s a commodity boom that prices big tech out of the supposed clanker opportunity.
They obviously neglected the “multi-color spooge” on one of the string. Attention to detail, guys.
?width=640&crop=smart&auto=webp&s=3a189e49f044eb571d40c0d2adff46b789f02079“Homemade” as in, you killed and butchered the cow yourself? …see, there are always degrees to these things.
Unfortunately, the anonymous cocaine auction protocol is rarely utilized.
The good new is: if it wasn’t important there functionally no difference.