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Replying to Avatar Corbin

No, thinking is good. And caring, curiosity and honest discourse is good and important. It leads to discovery, learning and a better world. Helping us all avoid consequences that come from not doing it. Those consequences are often directly or indirectly felt by all of society including your family and friends.

These are real problems that directly cause perpetual oppression worldwide. They are directly responsible for endless war and poverty. And it's most felt in third world countries.

You should try being curious and caring. If you read the fiat standard or watch these podcasts below, and have any real substantive rebuke. Any legitimate informative argument against what they are saying I'll send you 50,000 sats.

Why money matters | Alex Gladstein and Lex Fridman a short clip

https://www.youtube.com/watch?v=wjIin9tN7JA

Here is a longer more detailed video from Alex of the Human Rights Foundation about how the world banks, led and enforced by the winners of world war 2, firstly the united states use money to oppress the world.

How the IMF and World Bank Repress the Poor with Alex Gladstein (WiM263)

https://www.youtube.com/watch?v=nvrLAClNBCk

Also I highly recommend reading the fiat standard, and or watching a podcasts with Saifedean Ammous. Here's one podcast, he has a great youtube channel with lots of good podcasts.

https://www.youtube.com/watch?v=rSYugZEwPcQ&t=494s

And the creature from jekyl island is another good starting point, here is a podcast on that:

https://www.youtube.com/watch?v=WTIP3IhG3Xo

And while on the subject here is a good one on why bitcoin is important from Robert Breedlove, he has a podcast channel on youtube called what is money with many great, highly informative conversations.

https://www.youtube.com/watch?v=dU1eJ48ECMM

You'r response is a strong argument against democracy and why people without care should not be voting. Indifference to awareness and knowledge is detrimental to society and the world, especially people in the most oppressive parts of the world. I am100% for democracy by the way. It's pretty awful that the people who choose to be uninformed also decide elections and the systems that run the world.

I'll send you at least1,000 sats for any response showing any kind thoughtful information based perspective, any knowledge gained or care given to the incredibly important world impacting information in these references.

Happy to give many more sources of information on these topics if you are uninterested in these and would like others, there are lots out there. I hope and pray you decide to care and be curious.

Study #bitcoin

Endorsed. Endorsed. Endorsed. Keep on posting man.

#bitcoin #freedom #happiness

But again: why tax when you can print? Still haven’t heard a good answer to that.

Replying to Avatar Logan

On Tim Walz and his repeated digs at J.D. Vance for getting an education and making some money:

I was born and raised in a small rural town near the Appalachian Mountains, 2 hrs from the nearest major city. Still work in this town today.

My father was born and raised in an even smaller town, even more rural town with a population under 2,000.

I have three degrees from three elite institutions because my folks believed in aspiring to education, that it opened doors, created opportunities, and allowed you to experience more of the world. They instilled that in me.

I am a cocktail of my upbringing and my education.

I shoot guns, and I quote Shakespeare.

I eat venison, and I think about Dostoyevsky.

I am comfortable in both Waylon Jennings and Mozart, Steve Earle and Alice Coltrane.

I can cite Luke Combs and Lou Reed, wax poetic about Top Gun and Le Mepris.

I buy food (and milk) from farmers.

I am an attorney, yes, and my J.D. is from an elite institution. I represent the blue-collar folks of my hometown.

I am neither a supremacist, nor a relativist.

I am a dad and a husband.

I am a #bitcoin er

All my life I have had one foot in the ethos and spirit of my rural hometown and the other in the rarefied echelons of the elitely educated, the financially successful, and the well-connected. It's not always comfortable.

All my life I have climbed, my folks sacrificed and pushed me to climb and to aspire. "To strive, to seek, to find, and not to yield," to quote Tennyson (see, I told you I can do that).

And all my life I have kept my upbringing close to me, because it is a part of me. I don't shed my lived experience, nor do I forfeit its imprint, its impact, simply because I pursued the best education and got a professional job. The validity of my experience does not expire upon achievement.

So when Tim Walz repeatedly attempts to invalidate J.D. Vance’s upbringing, to cast him as some inherently callous, rich interloper, out of touch with the "heartland" simply because he pursued the best education he could and made some money, it bothers me on a deep, personal level.

In the Walz taxonomy, which is binary, but only binary for non-Democrats apparently, financial success or an Ivy-League education, automatically and irrevocably renders one out of touch with "regular" people. Further, aspirations to these things are no longer to be applauded; they're punchlines in campaign speeches.

Never mind the financial success and education of the Obamas, the Clintons, Kamala Harris, Oprah, etc. This does not invalidate their respective experiences, the journeys they each took to get there.

Only if you're J.D. Vance does success actually make you a charlatan to yourself, an interloper in your own life, an enemy to your past.

It's not right. We should be applauding folks, no matter their race or political affiliation, for aspiring, for traversing the brutal terrain of class, region and familial afflictions and making it.

You may agree or disagree with J.D. on the issues, of course. That's perfectly fine.

But dismissing him simply because he managed to go to Yale (like so many Dems, by the way, who readily purport to be regular, working class heroes), or because he majored in philosophy, or because he eventually worked in finance and made some money, is craven, disingenuous, breathtakingly lacking in self-awareness, and offensive to anyone who has actually grown up in the "heartland," myself included.

Like so many other Americans, I contain multitudes, Tim Walz, but your taxonomy apparently doesn't allow that.

It’s all about perception. The simpler the better. Like a brand name. Does it do justice to the person he discredits? No. But it surely helps Walz to create a clearly defined picture of the enemy. Seriously, who’s got the time to verify what they are being told? Pfff…

Nobody cares.

#nostr #bitcoin #debasement #debtcycle #memes

Not sure if that is correct. If you run a node you are not accountable. Because nobody can hold you accountable if you f* it up. It’s a bit of an exaggeratedly meaningful statement with violins and orchestra playing while the camera rises and zooms in.

I enjoyed reading Harari’s previous books because I like to explore abstract concepts and history. I don’t like his positions though. Yuval Noah Harari is much like Peter Zeihan: singing the high praises on institutions and their superior abilities to manage society and solve conflicts.

According to him, bitcoin is bad because it is based on distrust. For obvious reasons, however, he doesn’t take the next logical step to explore why institutional trust has eroded that much as of late.

He acknowledges the transformative potential of blockchain technology but raises concerns about the broader implications of cryptocurrencies on society and global stability.

He also warns that the decentralization of financial systems, which cryptocurrencies advocate, could lead to greater inequality and instability if not properly managed by governments and international institutions.

He explicitly expressed concerns about how the rise of cryptocurrencies might contribute to the weakening of state control over economies, potentially leading to scenarios where private entities or even individuals hold disproportionate power compared to traditional nation-states.

#bitcoin #harari #nostr

You can’t trust Kamala or Trump on monetary soundness. Both will be spending just the way self-interested politicians incentivized by short-termism do. Both are probably really nice people (or not), but that doesn’t matter. What matters is how to get into office. And Kamala wants to push through her socialist promises without pissing off the 50 million crypto holders in the US. It’s a smart move. Kackle kackle kackle …

Tether is launching a stable coin for the United Arab Emirates Dirham („AED“).

For background, the AED is pegged has been pegged to the USD since many years and as part of the petrodollar system. The UAE are among the biggest oil exporters worldwide. They get paid in USD and then recycle these USD back into US government bonds.

The USD/AED peg is being artificially amaintained through the UAE central bank buying and selling US dollars and AED respectively.

Creating a stablecoin for the AED therefore means a double peg:

USD to AED

AED to Stablecoin

More remotely, there is also a “peg” of the USD to crude oil…

If you ask me, it’s just a matter of time for this to break.

https://www.reuters.com/technology/tether-provide-stablecoin-pegged-uaes-dirham-2024-08-21/

#nostr #USD #bitcoin #tether #stablecoin

Courtesy of Swan Bitcoin. I share this observation.

#bitcoin #geopolitics #nostr #china #US https://video.nostr.build/0807993c889afd3040e325bfe750b606c0f0f8a41afc880bee26e7f623665278.mp4

No, but you can instead consume mainstream media in large quantities. This method is referred to as „artificially induced coma“. The risk is that you might not come out of it fully well. Some people are stuck in it forever, inception style. Others are found just brain dead. It’s horrible….

Disappointingly, a new Korean AI tool by the name of „Crack Viewer“ is not what you think it is. Sorry.

#AI #memes #machinelearning

Selling shovels during the gold rush.

#AI