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plebeian
e84a98625f2a858ff71bef5f39e7831d2503d09be677acb9e95f0e9d644b605b
Hodler, node runner, coffee drinker, book reader, coder, painter

Lets be real

TokTokers are disabled people when it comes to understanding benefits of Nostr

If you take everything I say without critical thinking and without questioning every word I say, you don’t deserve nice things

No one is coming to Nostr from TikTok

It’s very naive to think otherwise

Open source and decentralized nature of Nostr makes it very challenging to promote growth in any way, shape or form. The only way always has been to rely on organic slow grind which can take years and decades

It just like Bitcoin - you can not sell the idea to someone who has no real need for it and/or is not open to jump into the abyss of the unknown

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It all just network effect. Until mainstream social media platforms blow up in some way that makes users angry or engulfed in fear they will stay dominant and nostr will be just a niche.

On top of that people really have no idea nostr even exists and the ones that do get really easily scared and confused with private/public key concept. All they want is simple way of logging with email and password they can remember

Beethoven 9. Symphony

GnR November Rain

Sting Desert Rose

Nick Cave Red Right Hand

In no particular order

Scrolling through “AI summaries” on Interactive Brokers

We’re safe - intelligence is no were to be seen in these AIs

“Experts” suggest limiting Bitcoin exposure to 2% of portfolios.

And there are people paying for their expert opinion

LOL

Do you have a plan for Bitcoin:

1. Going to 250k and crashing to 70k

2. Going to 500k and crashing to 100k

3. Going to 1M and crashing to 200k

4. Going to gazzilion without ever crashing again

If not, it might be good time start contemplating

After so many years and so many rekt people I can not believe XRP is still a thing

It’s a side effect of socialism. I was born and raised in true socialism in eastern Europe and one of my first memories is the family drama when my father decided to quit government job (in that time all companies were owned by state so every job even in ship building company was government job) to start his own private business as this was a first time in my country when it was actually legal to own private business after 50 years. The main argument was precisely what you described - you are giving away security of government job for huge amount of risk and insecurity of operating your own business!?! In the end it was the right decision but boy was it hard for my grandparents

I would not be surprised to see Bitcoin above 120k before Trump gets in

I have given at least a dozen of Bitcoin Standard books in recent years to friends and family.

Number of new bitcoiners created: ZERO

People not willing to find interest and time to read the book that can literally change their lives for good is mind blowing

Back of the envelope math:

Let’s assume the initial debt is D and the initial GDP is G. The initial debt-to-GDP ratio is D/G.

Let's say the new debt is 1.2D (20% higher) and the new debt-to-GDP ratio is 0.9(D/G) (10% lower).

We can set up an equation using the new debt and the new debt-to-GDP ratio:

1.2D / New GDP = 0.9(D/G)

We want to find the New GDP, so we'll rearrange the equation:

New GDP = 1.2D / (0.9(D/G))

Simplifying:

New GDP = 1.2D / (0.9D/G)

New GDP = 1.2 / 0.9 * G

New GDP = 1.333G

This means the new GDP is approximately 33.3% higher than the initial GDP.

To find out how much real GDP was created with the new debt, we subtract the initial GDP from the new GDP:

Increase in GDP = New GDP - Initial GDP

= 1.333G - G

= 0.333G

So, approximately 33.3% of the initial GDP was created with the new debt.

In terms of actual value, if we assume D = $100 trillion and G = $100 trillion initially (debt-to-GDP ratio of 100%), then:

Initial Debt: $100 trillion

Initial GDP: $100 trillion

New Debt: $120 trillion (20% higher)

New Debt-to-GDP Ratio: 90% (10% lower)

Using our previous calculation:

New GDP ≈ $133.33 trillion

Increase in real gdp ≈ $33.33 trillion

Another way to put it. Global debt increased by 21% since 2020 but debt/GDP ratio dropped 10% which means that the real GDP was raised by approximately 30% with the new debt which kinda sounds super good

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