All their ESG fantasies going up in smoke. Jamie Dimon has been on a public rampage about this nonsense for the last year or so. Jerome announced in July ‘21 that he has zero interest or authority to use the Fed to promote climate change goals. The green commies are getting their asses kicked.

Investing in the production of joules will look better on Monday than it did on Friday. It’s going to be harder to strike it rich on fiat financed chicanery out of SV. Playing it safe and investing in the production of things people always need will be much more attractive for the next decade. Energy and food production never goes out of style.

I’d bet 1M sats the GOP majority House, powered by representatives from “flyover” states, isn’t going to bail out California’s Sodom.

Every founder with a business that is dependent on regular and growing injections of VC capital to survive should be shitting their pants right now. Higher cost of capital rewards cash flow. This is how it should be. Competing against half assed startups with no regard for cash flow is a horrible situation to be in for responsible business owners. Deflate all the bubbles!

I’m very sympathetic to the idea that JPM helped nudge SVB over the edge to destabilize more “stable coins” and to defang some of their powerful SV enemies. The number of times JPM was mentioned on the financial news networks as a possible beneficiary yesterday was pretty crazy. God only knows how far and for how long the liquidity issues will ripple through SV. Anyone have a cool ESG startup idea? 🤪

Silicon Valley VCs coming to terms with the idea that all banks a leveraged ponzis is too fucking good. 🤌 Maybe they should have STFU and listened to Bitcoiners. It’s similar to Schiff getting his bank shut down by regulators who don’t like him.

I fucking love Nostr. Reminds me of sitting on my deck imagining what would be possible when blogs and podcasts were being born in 2001!!!

Steady lads, redeploying zaps!!! 🥃🖕🤌😎⭐️🌽

Ignoring the beggars is an important part of zap life.

Zapping while the banks burn. 🥃🥃🥃🥃⚡️⚡️⚡️⚡️🥩🥩🥩🥩🤪🤪🤣

Can’t wait until we can just take NIP-57 implementation for granted.

👀