True. My concern is as always legislation. While you are thankfully able to hold your own BTC you might run the risk to get criminalized along the way. The US might use BTC similar to the way they used first gold and then oil: as a foundation asset to prop up the dollar.
The strategic bitcoin reserve, if it happens, will pump the bags of bitcoin holders. But it has the potential effect of allowing government to capture bitcoin in a way similar to what happened to gold. I am not very happy about it.
When discussing her plans to implement idiotic socialist price controls (that literally always fail), Kamala calls it “price GAUGING” instead of “gouging.”
Anyway, study Austrian Economics. https://v.nostr.build/jLWScSxWDoiHyS1w.mp4 nostr:note1ut82zr48776ht2ka9v8pc0yrhptwunyl6d6f88xakjuaz2wsawfq7p3nse
Price controls actually work very well for the hypocrites who will be elected based on the false promise of bringing prices down. It’s important to understand that economic laws of physics can be repressed, albeit for limited time. This limited time is however enough for Kamala to come into power.
No, monkey pox and shingles are NOT the same. They are caused by different viruses, namely the monkeypox and the varicella-sister virus, respectively. I agree with your take on the vaccination and the actual lethality of the monkeypox virus though.
When discussing her plans to implement idiotic socialist price controls (that literally always fail), Kamala calls it “price GAUGING” instead of “gouging.”
Anyway, study Austrian Economics. https://v.nostr.build/jLWScSxWDoiHyS1w.mp4 nostr:note1ut82zr48776ht2ka9v8pc0yrhptwunyl6d6f88xakjuaz2wsawfq7p3nse
People always say price control never worked. But let’s face it: they actually DO work, notably for the politicians who are pointing fingers at innocent actors. The companies and shops make for excellent scape goats and help the corrupt and unconscionable politician to become more popular.
Institutions and governments recently have come to love the term „violent speech”. This is a deliberate Orwellian manipulation of the natural meaning of a word. Violent by its very definition is physical in nature. Words might hurt but can never injure.
Have been running it for 3 years an an old MacBook. Then bought umbrel home server, appr. 400 USD two years ago. So maybe around 800 USD.
The question is this: will enforcement at scale be possible now that we live in a digital society? The toolkit of government has widened.
“Let’s not get obsessed with truth. More importantly, let’s just agree on something, even if it is a lie.”
I wonder if it is mere coincidence that Satoshi released the Bitcoin White Paper exactly on the day preceding the anniversary of Whitfield Diffie and Martin E. Hellman's release of their proposal for a breakthrough in cryptographic communication dated 1 November 1976, which was the first implementation of public/private key pairs for secure communication over public channels.
This is where it starts.
#MonkeyPox #SideEffect