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mike
e83b66a8ed2d37c07d1abea6e1b000a15549c69508fa4c5875556d52b0526c2b
Building "Brian", my first brain in silicon Fully vested Chief AI Officer (CAIO) Former, failed, Chief VLOG Officer Former Chief Shitpost Officer - NOSTR Inc. Node runner - Miner - Author My public relay: https://nortis.nostr1.com/ My book: https://mikehardcastle.com/my-book-why-bitcoin/

We visited the RNLI shop in Ilfracombe, Devon a few weeks ago. It occupies the premises of a family owned Apothecary.

While the pharmacy is no longer in the shop, it still exists and the grandson of the founder still owns a place nearby.

The RNLI shop still has the original 1800's fittings which are amazing to see.

Knots doesn't have a forced update feature.

You're not alone though, I remember other people thinking that as well.

I can't remember what the feature is, I remember seeing Luke's explanation on X, but I can't remember what the misunderstanding was, sorry.

Replying to Avatar rimugú

nostr:nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqaqakd28d95muqlg6h6nwrvqq5925n354prayckr424k49vzjds4snemj6y

The politically correct way for U. S. natives that are not white (even though many whites and other races also were born in U. S. , so are natives to american too) is native americans.

But in the original post I am referring indians from India, not Indians from casinos.

Indians come from Casinos? 😳

That's a really, really bad joke and I'm only acknowledging it, so as to increase the shame you should feel for making it in the first place 😂

I didn't mention actual inflation at all.

You're answering a question I didn't ask 😂

I'm an observer, not a player.

Crikey no.

I like beef, but it is not my favourite meat, which means I'm not a proper Bitcoiner 😂

That always supported unlimited OP_RETURN 😂

No wonder it's all kicking off again, last time I checked Knots was on 10%

Maybe core want to loose?

What if it’s the only way they have to save the system? 🤔

nostr:note1ztjm5sx7nwwv9ld8dzryp0vw5marexvx3g4n6zsk6usq9cux2l0q08canj

Ok sure 😂

But serious question. If you accept what I’m saying above, how else to you pay for things as a government?

Or do you think I’m wrong, if so, how?

Why doesn’t the government just print money instead of charging taxes?

I’ve been doing some thinking about this question.

It would be possible, but here’s why you wouldn’t want to do it.

Firstly, inflation, classical inflation targets are set at around 2%. That represents the amount of money that is printed each year to pay for the additional spending not covered by the taxes raised.

If you replace taxes with money printing, that number would rise to something like 60 - 80%

This assumes you don’t tax anything, no income tax, corporation tax, taxes to pay for pensions, health care, welfare, military, everything.

In reality running a country, any country is expensive and most of the work you do as an individual is towards that end.

That would be a hard sell for any government to convince their electorate.

But you still wouldn’t want to do it because hyperinflation would kick in and you would be regularly changing your monetary base unit accounting system, unless you’re happy paying a billion dollars for a loaf of bread.

That’s not the main problem however. The U.S. dollar is the global reserve currency, by printing money to pay for government spending, you’d be “taxing” all holders of the U.S. dollar. Foreign nation states, corporations and private holders.

This would not be tolerated and the dollar would be abandoned very rapidly, which is what’s happening, but slowly.

Taxing people within your borders and your citizens outside of those borders, ensures only people benefiting from government services contribute to it financially.

The cows are back 💜

GM

We need a reverse Turing test to make certain humans aren't being enslaved in AI data centres 😂

I've been trying to explain to anybody that will listen.

If you hate on the Boomers, when they die off us Gen X'ers are going to be next in the firing line.

In 50 years Gen Beta's are going to be issuing the same warning to Gen Epsilon's. Take heed!

I'm cheap and unreliable, perfect for any party 😂

Why does ChatGPT have to verify I'm human? 😂

TO ALL NOSTRICHES

YOU ARE ALL MAKING A GREAT NIGHT EVEN GREATER

THANK YOU 💜

Give me a crash course on how to become an Ethereum toxic maxi 😂

Done, I wrapped it in a smart contract that will pay out when the blind oracle says the world has ended 😂

Replying to Avatar Dan⚡️

I have him dancing on my nostr:npub1nxy4qpqnld6kmpphjykvx2lqwvxmuxluddwjamm4nc29ds3elyzsm5avr7 site but I’m on my phone and can’t be bothered to login 😂

I've heard that phrase somewhere before! 😂

Welcome

If you'd like some help about this weird protocol we call NOSTR I wrote some guides here:

https://habla.news/u/mhardcastle@nostrplebs.com

I would start with this one here for some basic concepts:

https://habla.news/u/mhardcastle@nostrplebs.com/1724842277970

If you have questions, the tag #asknostr is a good place to start.

If you want to write a brief hello, use the #introductions hashtag to allow people to find and welcome you.

Enjoy freedom speech and money.

In1942 she invented WiFi

During WW2 😂