bitcoin fixes this? (What on _Earth_ should Buffett use his $200bn war chest for...?) #econstr #finstr #nostr

Warren Buffett is hoarding $200 billion as he may see 'storm clouds' ahead, says top economist Steve Hanke

Got some unbelievably positive comments for this one. Thanks a lot, everyone. "what an ending, ufff! gave me goosebumps" "Your Samourai piece this morning was dynamite. Very well argued, made the tech-to-reader-understanding part as smooth and clear as anything I've read about it."

Reason.com

Groundhog Day for the crypto wars: The DOJ on bitcoin prowl

The U.S. Department of Justice has arrested the founders of Samourai Wallet for the grand offense of writing code.

#nostrnews #econstr #opensource #libertarian #codeisspeech #code #crypto #cryptowars

Check out this guy -- awesome, badass teacher orange-pilling his classes one student at a time. King of the #memestr #newtonostr #introduction #bitcoin #nostriches #GM #firstpost @Sven

WRONG KIND OF CORN, MISSY. "Maybe a country’s banana-hungry population can be better supplied by growing them using abundant local electricity, even though the climate and winter’s sparse sunshine aren’t suited for it. Or perhaps one can get more, cheaper, and better fruits by shipping in bauxite ore from abroad, throw two-thirds of the nation’s electricity at it, ship the resulting aluminum abroad, and finally have other ships and planes return with fresh bananas and tomatoes. "

Bitcoin Mining and Icelandic Bananas | The Daily Economy

Fair enough, this graph fr WSJ is nominal (not real/as-share-of-GDP) but gooosh is it terrifying. If you're not #bitcoining then wtf are you doing? https://www.wsj.com/finance/americas-bonds-are-getting-harder-to-sell-c3fde4de #econstr #bitcoinwins

Unbelievably important: the power of just checking out. "We political animals often find it difficult to understand that it is a reasonable reaction to tune out and just get on with your life. There are many things you can be rationally ignorant about because you think that your efforts would hardly make a difference. Instead, people go on to work, adapt, and improvise and so, in effect, *continue to improve the world*." Exit was always more powerful than voice. https://www.cato.org/free-society/through-progress-peril-precarious-state-human-freedom

Mountain, snow, reading, girl, peace&quiet. Yea, I'm doing OK. #Nostrwisdom #nostrgram #nostr