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The Servile Statist
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Anarchist to the democrat; Democrat to the monarchist; Monarchist to the anarchy. 🇺🇸🇫🇷🏴󠁧󠁢󠁳󠁣󠁴󠁿Org- Seattle Bitcoin & Beer npub1x2dm3cwqt0v9tqlf0ppzztaskn3th2x40p33hepl8rkwdgedw8eshypm5s

As they roll over old, low-rate debt to new, high-rate debt, their interest payments balloon, leading to even more debt issuance to pay the extra interest on the prior debt. That means finding buyers for new debt today. (which, GL)

Would zap away many sats for this vision: nostr:note1rteeccgzwu6t332l30n9zyz7hm5vmwvadgatunckxgrp8ctxacgs3cdm0s

“Unfortunately, this enclave of traditional life will soon succumb to the rising tide of fiat money. As their terrain diminishes, denizens of the Local Hardware Store have begun seeking out new habitats. Some have migrated to Big Box Stores. Their deep moats offer temporary respite from onerous government regulation and taxation. Unless the globe takes coordinated action to dedollarize to hard money within 12 years,”

etc etc

*4K panoramic shot of locals chatting among walls covered in hardware drawers*

To sharpen the adversarial thinking a bit… If people explore Nostr using large relays, malicious noters can get those relays into trouble with illegal content, right? But, if Nostr were instead made up of lots of small, highly permissioned relays “for me and my buddies,” search and discovery would be much harder, right?

Forgive my nontechnical speak, and feel free to sharpen this further if I’m not understanding well.

Meanwhile, at Kord Headquarters:

“Crap someone reel that guy in”