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reverendtiger
reverendtiger@happytavern.co
npub1cpn2...an3f
Luke 11:28
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reverendtiger 1 month ago
Not quite a hot take but maybe a controversial opinion: Pantera’s “Cemetery Gates” is 100% a hair metal song
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reverendtiger 1 month ago
Who is the best Star Trek Captain? Which is the best Star Trek series? You must defend your position against other nerds in the comments #asknostr
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reverendtiger 1 month ago
1 Peter 1:7-9 (LSB) 7 so that the proof of your faith, being more precious than gold which is perishable, even though tested by fire, may be found to result in praise and glory and honor at the revelation of Jesus Christ. 8 And though you have not seen Him, you love Him, and though you do not see Him now, but believe in Him, you rejoice with joy inexpressible and full of glory, 9 receiving as the outcome of your faith the salvation of your souls.
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reverendtiger 2 months ago
If anyone in the NOSTR Verse is at The Space’s Bitcoin Financial Services Summit this week in Denver, I’d love to connect
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reverendtiger 2 months ago
Voddie’s last sermon before his death. It goes hard.
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reverendtiger 4 months ago
Linux + NOSTR What’s out there right now? #asknostr
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reverendtiger 5 months ago
Welcome my friend Bear to NOSTR! He’s a full stack .net dev I’ve been trying to Nerd-Snipe with NOSTR. Who should he be following? View quoted note →
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reverendtiger 6 months ago
#asknostr Is there anything in the GENIUS act as passed that hurts BTC/Stablecoins or that puts a moat around the banking industry? I of coursed consulted the AI overlords, but I wanted to see if there were any insights from the community. For those curious, here's what AI spit out: "Prohibitions on Bitcoin/Stablecoins: No provisions prohibit the use or adoption of Bitcoin or stablecoins; the act regulates payment stablecoins, potentially enhancing adoption through legal clarity. Regulatory Framework: Payment stablecoin issuers must be subsidiaries of insured depository institutions, federal-qualified nonbanks, or state-qualified issuers (≤$10B), with 1:1 reserves, monthly disclosures, and redemption policies. Bitcoin Impact: Bitcoin, as a non-stablecoin, is unaffected but subject to a Treasury study on non-payment stablecoins, assessing risks and benefits without imposing restrictions. Banking Industry Advantages: Banks may have a competitive edge due to existing regulatory status, easing compliance for stablecoin issuance via subsidiaries. Nonbank Competition: Nonbanks can issue stablecoins if qualified, with similar reserve and AML requirements, supported by anti-tying and affiliate transaction guardrails to ensure fair competition. Competition with Banking System: Stablecoins can compete with banks in payments (e.g., remittances, digital transactions); no explicit prohibitions hinder their ability to challenge traditional banking services. Market Dynamics: Issuer qualifications and regulatory costs may favor larger players, potentially limiting smaller innovators and concentrating market power. Monetary Policy: The 1:1 reserve rule prevents money creation, but widespread stablecoin use could affect money velocity or Federal Reserve control, requiring monitoring. Global Implications: The act may strengthen the dollar’s global role via regulated stablecoins, but strict rules could push innovation offshore."