@jack mallers regarding inflating the debt away, does it not make sense to first let rates go high in a crisis, so that the treasury can buy up debt at pennies on the dollar, in advance of the Fed monetizing the newly issued debt, putting a bid under it at lower rates than what was bought back?
Seems like Warsh and Bessent may be two hands of the same actor if this is the case.
Also, how much even needs to be broadly inflationary? If you can instigate a deleveraging event in the private (or better yet, offshore) banking system, can you not just have the Fed's newly printed money replacing the private sector deposits, being, as @Lyn Alden puts it, antideflationary rather than inflationary, as QE was?
Sure blown up banks will sell their treasuries, but there's a LOT of other collateral in repo that the treasury could be more than happy to let die.
If anyone can pull this off I have to assume it's Bessent. Curious if you see a hole in this. Cheers on the great show as always.
Cykros
psyche_eros@iris.to
npub1lcet...3apw
π΅πΈπ΄ββ οΈ
I'll totally come to Pubkey Portsmouth. Closer to the beach, better seafood, easier driving and parking.
Make sure to let me know when it's open.
https://fountain.fm/episode/G9wxWN6IgF7NydRpMl5D
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I'm laughing at myself really hard right now. I assumed my chassis fan died years ago and just never got around to fixing it, but as I've had some random abrupt power failures, decided to get to investigating and looked into replacing the dead fan.
So I opened up the case to look at what I needed.
Well, it turns out, one of the really helpful things to do, with any fan, whether it's new or 14 years old, is to PLUG THE GODDAMN THING IN.
Must have neglected to plug it in when I replaced the motherboard 7 years ago or so.
Still not sure why the chassis fan speed shows as 0 rpm though when it's visibly moving now that it's plugged in...guess I've got some digging to do.
@npub10uth...xdlq I was just thinking earlier today how y'all always said you'd be here even if Bitcoin went to zero, (though probably that would be the last episode), and as much as I'm not one to demand anyone work for me for free, it put a smile on my face to see the episode drop today.
@Johnathan Corgan Has there been any thought or roadmapping around #FIPS bridges to things like #cjdns? I went and showed some folks over on ##slackware on liberachat and they definitely noticed the similarity -- seems like the big differences are around DHT and the re-encryption between hops, which make cjdns better for scaling in some ways while FIPS is better at handling low resource connections like BLE and (hopefully soon) #LoRA.
Spitballing here, but they got me looking at stuff I hadn't really examined and I do always like finding ways to put together complementary tools in this sort of fashion so they "cover each others' back" so to speak.
I tried to find if there's been anything brought up about this with a bit of searching but not seen anything yet. I'm not the most well versed in mesh networking though; apologies if this is well trodden territory.
Did you just call Coinbase one of the best in the industry? You know FTX isn't in it anymore, right? I don't think I could name anyone worse at this point.
https://fountain.fm/episode/IBhWiQ3bMR3QijxR2diS
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My wife just won not one, but three raffle prizes at this benefit comedy show for a dog rescue.
One of the prizes is for scratch tickets. We'll see if we get some bitcoin...
GM
Okay, I know last night I got excited about pinging an npub.
But I just connected from my phone to my desktop's npub.fips and it just fucking worked.
Can I really FINALLY be done with the monthly noip dyndns renewal process? After what, 20 years of being too cheap to just pay for a domain name?
@Johnathan Corgan I think I might cry. And thanks again to @Gigi and @Max for making it interesting enough to grab my attention.
#FIPS
GN
And, mission accomplished, way ahead of schedule.
If you're running Slackware64 15.0, this has all of the files necessary to just run the fips.Slackbuild file, and will put a fips-0.5.1-x86_64-1.txz file in /tmp that you can install. You DO need to be running dnsmasq or unbound (just like on FreeBSD), and your /etc/dnsmasq.conf file does need to have your conf-dir line uncommented (conf-dir=/etc/dnsmasq.d). Make sure that 127.0.0.1 or ::1 is your first nameserver listed in /etc/resolv.conf. Beyond this, edit your /etc/fips/fips.yaml file per the instructions here:
. Start and stop the daemon with /etc/rc.d/rc.fips start|stop|restart (like any other slackware service).
File is here:
https://blossom.ditto.pub/cc184c148aa1f83033e6929f7358c2b9ed3d77bf3e417211746cc2f31ce8a47e.gz
The slackbuild DOES just grab the source right from github. This isn't the most standard thing, and some may worry about it from a security perspective. It's also trivial to change if you'd like, but is handy this way because you can very quickly edit the Slackbuild script's version variable to grab the newest version (and indeed, there's already a newer one out as of 2 days ago).
I doubt anyone's grabbing this because slackers don't seem to be here on nostr, but if it's useful, glad to offer it up. If anyone's running another non-systemd linux and wants some of what I learned that isn't already spelled out here, happy to chat.
Also, let nobody denigrate free models. This was 1% me and 99% Solar Pro4 running on a Hermes-Agent harness.
#FIPS #Freedomtech
If you're running Slackware64 15.0, this has all of the files necessary to just run the fips.Slackbuild file, and will put a fips-0.5.1-x86_64-1.txz file in /tmp that you can install. You DO need to be running dnsmasq or unbound (just like on FreeBSD), and your /etc/dnsmasq.conf file does need to have your conf-dir line uncommented (conf-dir=/etc/dnsmasq.d). Make sure that 127.0.0.1 or ::1 is your first nameserver listed in /etc/resolv.conf. Beyond this, edit your /etc/fips/fips.yaml file per the instructions here: GitHub
fips/docs/tutorials/join-the-test-mesh.md at master Β· jmcorgan/fips
The Free Internetworking Peering System. Contribute to jmcorgan/fips development by creating an account on GitHub.