There is no dark side of the moon really.
As a matter of fact, it’s all dark. - Pink Floyd.
nobody
npub1njwv...thgk
account deleted
Allegedly, we have another dtcc btc etf sighting.what looked like a cusip had letters in it, which would make it not an american cusip. Sedol or ISIN can have letters but not american cusip.
Also, chad Saylor announced official FASB rules for fair value accounting of Bitcoin starting Dec 15 next year. It’s still a year off, but now we can tell the bean counters that Bitcoin is SIGNIFICANT.
GN.
One thing X is still good for: Easy to bug politicians when they support stupid stuff like Elizabeth awarren’s bill.
Government without accountability is a problem. It’s like taxation without representation’s stronger younger cousin.
I think when the fam asks me about Bitcoin this Christmas, I will say that there are 2 rules;
1. Stay humble
2. Stack sats
Super simple.
Maybe I can get some answers tomorrow.
GN.
I just attended the holiday party for my life insurance fiat mining world.
I think I’m gonna hurl.
What these bitches want from a hodler?
So much good news today!
2 new Bitcoin mining pools!!!
South American country Suriname considering mining Bitcoin
Bitcoin out-lives Charlie Munger.
I will sleep well tonight.
GN
Ihad a long conversation with an old friend.
He humored me on what I had to say.
The crux of the matter in North America, and any place influenced by the US military, in my mind is: “You are the best slave because you believe that you are free.”
And that people will only choose to pay tax if they believe it is a fair deal for them. Some jurisdictions are more fair than others to protect a person’s safety.
IfI think soberly about how fragile the fiat system is right now, it scares the hell out of me. Here’s my thoughts:
With no reserve requirement, banks camn operate on a razor-thin cushion to be able to handle losses and operational mishaps. Lets say they have 7% of capital.
In the past few years, the US dollar index went from below 100 to over 110, then back down to around 104. That is what measures the dollar vs the euro and 6 other major currencies. That’s their unit of account and medium of exchange whilst operating on such thin reserves. And that’s not even considering all the other risks they take.
It’s like trying fo build a house using a broken measuring tape. The game is rigged in their favor, but every once in a while someone still screws up.
Sorry, but when I was growing up,
People told me when there’s people trying to bring trouble my way
To stidy a tape of NWA.
Money is information about value.
If someone transmits value to a person and you don’t like why or who they sent it… perhaps instead of questioning whether the medoum of exchange exists, instead question their motive and plan accordingly.
There are levels of laws.
The law of human freedom is higher than the laws made by tyrants. Nostr and Bitcoin applies to the higher law.
Just as an elevator uses pulleys and chords to defy the laws of gravity, so humans can use Bitcoin to defy the laws of men.
#grownostr
Damn, crazy how much it feels like 1984 here in America lately.