They fixed everything after the 2008 financial crisis and tightened controls and liquidity procedures for the banking and mortgage and insurance and derivatives industries and there’s not going to be a repeat of that right?
Wrong. They did no such thing.
It will repeat.
CTOs in suits bothers me, I hope it bothers them, is this the top guys?
why does lightning fail sometimes still, it should never fail man, do we have an overall uptime measure at the edges? some murphy's law kind of graph?
I always get way more culture spikes when I write articles, time to put out another one.
Bitcoin Majlis Nostr slacking this week, come on guys, we have an institution to build. Looking forward to new netizens from
@Muslim Bitcoin Summit
You can believe in American Exceptionalism and buy Bitcoin for America is the parent as much as the British Empire was America's
hopefully we see a scientific breakthrough before January, hate to see Iran war get worse
make wudu, go pray LOL
if you know where the moose is going to be when you’re about to hit it, the moose is too slow, you can easily avoid it but you can’t tell the moose that, you just gotta deal with it cus you’ve driven by many moose and this is the first time the moose has seen a car so up close - feel free to use this analogy how you like, free life experience 🫎
just learned that early islamic jurists were strongly against loans denominated in fuloos due to risk of their value being eroded by the ruler, I knew they were outspoken about inflation in general but the opposition to qard hasan due to risk of riba is fascinating... 0% loans in dollars always has a negative yield and therefore carries riba
the problem is in the money, complicity is in the system
View quoted note →don't to discountable debt or strippable bonds or yields without corresponding cashflow, it's really that simple because you're selling something you don't own - it's a promise, an IOU, a gamble, without value - it does not belong in the free market, it compromises it, just as much as shorts, two peas in a pod
shit man, i think i just realized that my motivation to be a billionaire has always been that maybe my community will then take me seriously, cus I've always stood against the grain in terms of where I believe we should be focusing vs what they are actually focusing on... but then as you get rich your community changes, unless you can make your community wealthy along with you, so much facepalm
there is no integrity in fractional credit, and there is no fractional credit without interest, the NPV of 0% is a multiple of 1
as the empire shrinks, it’s effects are felt closer to home
Yikes! Made sure mine was working
View article →the most valuable utility of money? the ability to buy time... and there are other ways to buy it, usually with a story, backed by execution and integrity (this is true power, and wealth and a real blessing) - equity aligns the incentive; credit in all forms undermines it
Every individual that starts pricing in BTC makes the migration to Bitcoinia. Yet, in this transition, an enjoyable tradition of celebration the "all-time high" (ATH) for BTC loses meaning. I think we replace it with celebrating "all-time lows" (ATL) instead... like a pizza never being cheaper, or homes never being more affordable. The Bitcoinia Dream is everyone has a home and no one is homeless and there’s no one eligible or willing to take a donation so all our excess funds space exploration and the perfection of all arts.
somebody please route through my lightning node, I need to rebalance already, also where my fees fml
