Chapter 8 is the didactic version of #gita 's core philosophy
https://fountain.fm/episode/xHwhMOipHoejeAebWYkq
Chapter 13 - is the science behind it - Samkhya ( akin modern QM ) and Adwaita ( as the theory of gravity - form of universe ) - half way done - part 1 .. it is true head scratcher ..
Satosha
shutosha@nostrcheck.me
npub1ttc8...m0da
**Strategic Bitcoin Reserve** .. is a simple idea .. without any upfront dollar investment by US gov
Let anyone pledge #bitcoin to US gov. Means you can't sell it without #SBR as a cosignatory. Nor can SBR sell it without your permission .
A minimum #btc pledge slab of say 100 #bitcoin .. cuz we don't want people pledging SATs .. but gov can change this slab.
From here on you share the profit and loss on pledged BTC fifty fifty with #SBR ..
- Tech is already there
- No initial investment by gov
- Downside prot by gov cuz gov can print dollars .. which will never happen cuz BTC price shall always go high .. probabilistically ..
- Ultimate goal - build SBR to US debt level - say 30 trillion ..
Why only BTC .. why not other commodities like say say copper or steel
- Cuz #bitcoin has an infinite shelf life .. all other commodities decay with time
Why not #gold - because logistics and preservation of gold is super hard . Besides there is no on chain mechanism to cosign gold sale..
Why do you need a #blockchain for #stableDollars ..
Why can't you use an Oracle database ?
#askNostr
US is spreading dollars by consumption - import more than you export but pay in USD ..
This leaves surplus USD with exporter ..
Now offer than 4 percent to invest those dollars in buying more T bills .. US debt ..
So the exporter is happy , exporting government is happy ..
China does it in reverse way ..
Export cheap goods to nations .. but ask them to pay in Yuan .. which means they need to hold Yuan .. which means they need to buy Yuan with their own currency ..
The problem occurs when China exports to US .. cuz US won't hold Yuan ..
https://g.co/gemini/share/82280bf91c4d
That is the Crux of the problems.
No one takes a cut on profit when it comes to gold ..cuz no one is trying to sell you ..
So the moment you put tarrif on pr xious commodity , it simply adds to the bill ..
It is NOT Steel or even Copper ..
Which simply means market cap of gold goes up ..
Most Trump critics don't realize they wont be able to walk at 80.. yet they think they have something to teach him :-)
Chapter 13 - An Ode to Gita's cosmology ..
If you ever wondered connections between QFT , Diffusion Models and ancient science of Duality #Samnkya - this chapter might just be for you ..
Will you get all the answers - probably not !
Would you learn to ask relevant questions - sure thing :-)
Enjoy
https://fountain.fm/episode/Oox4hBm8TxTCEP2YWOaz
Elon really didn't care who won the last cycle ... He just wanted to make sure Biden is out . ..