Do you have the source please?
We should get in the habit, when using this protocol of not uttering everything that comes into our head but to select more carefully.
Holding the community hostage through sheer volume of content won’t be rewarded here, quality will be.
There’s a reason the CCP is worried about Starlink.
Ok.
But who do you see laying out another cable in the near term?
And won’t that still require permission from let’s say governments on both sides of the Atlantic (if we’re talking about that particular cable)?
Agree with your overall take here.
But to be honest, it’s also good to know that there’s redundancy for a cable whose traffic can be controlled by government actors or which could be subject to terrorism.
I’m not sure how likely either of those scenarios are, but we have certainly seen stranger things.
With Bitcoin and nostr comes an ethical responsibility to rise above the toxic rhetoric and hysteria of the Fiat discourse.
Let’s remind newcomers and each other that we’re not going to stoop to their level.
Bitcoiners shouldn’t stoop to that kind of rhetoric.
Don’t forget, you can easily add https://Nostr.Report to your homescreen for easy access! #[0] did an incredible job with the site, both the mobile and web versions look awesome.
And what’s Plebchain radio?
Don’t forget, you can easily add https://Nostr.Report to your homescreen for easy access! #[0] did an incredible job with the site, both the mobile and web versions look awesome.
This is awesome, thanks! Zap ⚡️
Probably have to caveat this: Health insurance specifically might be distinct for this reason:
When you don’t have car insurance and the car breaks down, you still only pay the price for repairing the car.
But when you have an acute health issue, the health care provider is going to charge you fantasy prices and you may not have the time to go elsewhere.
Peter Attia and Joe Rogan on the absurdity of our health insurance system: https://youtu.be/oEMX_quSMZY
Some thoughts on insurance:
Health, car and other insurances in their current inefficient form seem to be predominantly a Fiat phenomenon.
I rented a car today and decided against insuring it because the cost of insuring would have been almost as high as the cost of renting the car.
Needless to say I’m taking a risk here but doing the math and provided a total write-off doesn’t bankrupt me, it feels like a rational decision.
It has the additional positive effect that I’m far more careful and responsible than I would otherwise be with the car.
Of course insurances have their validity in distributing risk but in their current scammy and expensive form, I’m increasingly inclined to avoid them.
Great post. I agree with you on Bitcoin’s superiority as a store of value vs real estate.
Independent of that, just curious why you don’t think tokenization of real estate adds any value? I need to think more about this but are you suggesting it just doesn’t provide a lot of extra value compared to traditional “custody” and “transfer” abilities of Real Estate?