GM. Trying to wrap my head around the situation as these clowns try to wrap their purse strings around our necks. I memed about it yesterday, the doublethink, the non-statements couched with other non-statements, but today I'm not finding it so funny anymore. Trust the banks, but no bailouts. At the time I thought "Well that's pretty fucking stupid. The only reason to trust the banks is because you know they'll get bailed out." We all know that the Fed is just firing into a crowded street based on old data and neoliberal ideological precepts, but the common wisdom being passed around has been "Don't fight the Fed; they are committed to the mission of reining in the money supply." So which is it? Is the para-political cartel in charge of regulating the global economy, and therefore all of our lives through asset, commodity and credit prices, a serious but highly flawed institution with an impossible task, or a bunch of sadistic jokers who will literally say or do anything to keep their sad little house of cards standing? I firmly believe it's the latter, but it doesn't matter. "Don't fight the Fed" is good advice, when paired with: "When you notice that an enemy is making an error, take care not to interfere with the enemy from completing it so you can take advantage at the right time." And don't assume that they can even recognise the error, as they keep making the same one over and over. Opt out, buy Bitcoin, fuck the Fed, and pura vida.

Cognitive dissonance at new ATHs. This is why we Bitcoin; they will literally say anything from both sides of their heads to justify deception intended to control.

Something that Marx said, though I read it second-hand in Zizek, sticks with me day in and day out. (paraphrasing) Capitalism could become a global subjectivity if it were to become self-critical. Once all subjective activity becomes capitalised, we can relate to each other through objective means. I always took "self-critical" to mean restricted in some way, ie. not blindly driven by profit and contributing to humanity in some universal way. From a statist's position this could easily inferred to be the role of a government, but any meaningful restrictions that ever been placed on capital by the state have been easily reversed by capital's enormous political influence. Maybe some trusting or naive people believe that some future form of state could break the streak of capital dominating labour through the state, but not me. Maybe it's not completely objective, but I relate to people who live to further the success of the most ethical money yet devised, which may very well be turn out to be the element required to make the global economy self-critical.

#[0] I tried to reply to you on Twitter but it gave me an error, anyways better to reply here. "We must ask ourselves if we are willing to give up our citizenship to ensure the continued use of #Bitcoin⚡️ We must also ask ourselves if we are willing to take the necessary steps to ensure that #Bitcoin can still serve as a form of money, asset, store of wealth, and exchanger of goods, even if every major power system attacks it simultaneously. 🧡" It's a good question that vibes with me: where does our present moment lead that isn't pure hell. Nostrica as a union of global citizenry? Easy to imagine in part, but hard to imagine all the pitfalls and downsides. Very much worth discussing however.

Nostr obviously has a lot of room to grow, and there has been some "jankiness" about the experience, but the overall quality of the interactions and the already present features make it a clear winner already. Twitter in the meantime gets jankier by the day; the only place to get content is the "Following" tab, which for me now says "Welcome to Twitter" and prompts me to follow accounts as if I haven't been using it for years. In any case, both platforms are moving in different directions, with very different momentum.

Kind of a long shot but does anyone have an extra copy of “The Mandibles” they’d be willing to sell/ship to me in S. Korea? Sold out everywhere online as far as I can tell. Not looking for a handout, paid via LN of course.

Switched to iris.to and loving it so far, but it doesn’t connect to my umbrel relay whereas Damus did. Any tips?