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furio
furio@pailakapo.com
npub1jxjm...0mdf
Make the states great again. Move all unconstitutional federal powers back to state control. Enforce the 10th Amendment. Build cashu tools.
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furio 11 months ago
Just finished reading “Dark Wire” about the FBI running Anom, so I’m a lot leery of encrypted chat apps. Keet, simplex, keychat, 0xchat: Which one(s) is/are least likely to be honeypots? My preference is @Keychat since they use cashu. But if my FBI agent works there, it might limit my ability to speak freely on the platform.
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furio 11 months ago
@Nik Bhatia after watching your YouTube video on the Eurodollar I have a question. You questioned how much leverage china is using on their investments in dollars in their belt and road initiative. How could they leverage money they don’t have the ability to print? If they issue a loan to an African business at a 10:1 ratio, they have to actually *send* the dollars to the company. Did they *borrow* at the 10:1 ratio? If so, then there’s your accountability. If China has $1 trillion USD in aggregate, for example, then they can be the lender of last resort for their loans, but without the fed involvement there can be no leverage ratio that doesn’t end with china just backstopping it limited by their total dollars available to them (actual or borrowed.) What am I missing?
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furio 1 year ago
WSJ reports China act of cyber warfare against US. Screw tariffs, cut off trade with the aggressors. Build a coalition that refuses to do business with them. But avoid the Roosevelt option of cozying up to Russia. Use this opportunity to smuggle the engineers out of Taiwan and cut off the snake.
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furio 1 year ago
My theory is the government supplying the global reserve currency does not need to run deficits and a national debt. The "debt" and "deficits" are a result of the overspending of congress. Period. A USD running the world economy with a balanced budget amendment, and a 4% pay down debt requirement of each years budget would be very healthy. It would require us to eliminate the fed and medicare/medicaid and most of the federal government. This is all good. The psyop is the deflection away from congressional spending that all of this is causing.
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furio 1 year ago
Trump can cement his legacy with two key items: 1. Disincentivize fraud - not security thru obscurity, bitcoin-like disincentivize it 2. Abolish the fed
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furio 1 year ago
All eyes on the hardest currency of all time: image
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furio 1 year ago
Luke Groman says in a crisis the FDIC “can’t let” money over $250k get wiped out. Uh, that’s the agreement going in. I guess the Overton window now has *everyone* saying bailouts forever and always are the norm. It’s over
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furio 1 year ago
I’ve always wanted us to invade the commie Canadians. Trudeau is a punk.
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furio 1 year ago
1. If B then ~D 2. If S then ~D therefore G Checks out. image
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furio 1 year ago
So if it’s MC weighted: BTC 77% ETH 12% XRP 5.5% SOL 3.5% ADA 2% If they don’t rebalance, the bottom 4 will erode away.
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furio 1 year ago
US should front load the minerals deal, like a mortgage. The dictator after Zelenskyy will probably be chosen and installed by the CIA anyway, but grab as much repayment as soon as possible.
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furio 1 year ago
The world needs more bank runs. The US founding fathers didn’t trust government. This was from experience, and we should not forget this. Audit all the spending: check Audit the physical gold: maybe? And that’s just the government checking “themselves.” Everyone take custody of everything, trust no one: (ideal)
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furio 1 year ago
London and Fort Knox need simultaneous audits. This strengthens the dollar if Fort Knox has the gold but London doesn’t. I think the dollar is on life support if there’s no gold in Fort Knox. So the only way we see an audit is if it’s there.
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furio 1 year ago
Canada is finding out. Poilievre is a step in the right direction, but I think to put your money where your mouth is re: hating the US, is to survive without the US economy and specifically the US taxpayer. Can’t do that? Then you should bend the knee. US beat USSR at hockey then they were dissolved within 10 years. Tick tock Canada.