thoughts on what fiat does to the capital stock, and how this loops back around and makes money even worse.
kind of like infusing @parkeralewis' Enders Game with some Wendell Berry and populist rancor.
(very long, I warn you - but in the same methodical vein as Wittgenstein's Money, for those that read that one back in the day)
Retoot to spread this!!!
ARK put out a good primer for normie investors on how the bitcoin network works and how to measure it.
Makes a good argument for "auditability, openness, and transparency" being a virtue - this is why not having gone too early into on-chain privacy shielding will be a reason bitcoin survives the coming regulatory crackdown.
and yes the power source would be a certain fusion reactor 93 million miles away
Anyone versed in electronics and hardware/pcb design?
I want to build a board similar to NanoFury but with more chips and running at about 25W, not 3
Hey peeps -- tweetstorm about #crypto companies getting bank charters here: https://twitter.com/CaitlinLong_/status/1349850451374587907?s=20
just saw this
Morgan Stanley bought 10.3% of $MSTR - announced this week
$MSTR up 21% today
Everybody well positioned for when Tether gets charged with fraud tomorrow? 😂
The future is extremely cold cyberhornets with megawatts of off grid power
Fuuck for some reason I just increased my DCA plan to $2000/month
ECB on Bitcoin-
"There has to be regulations and this hast to be applied and agreed upon at a global level because if there is an escape, that escape will be used," Lagarde said, adding that global cooperation is needed.
Ledger info dump was obtained by "rogue" Shopify support agents
TRUST NO ONE
Economics in One Lesson
educate the non-Austrians in your life!
The Origin of Money and its Value
"... People today expect money to have a certain purchasing power tomorrow, because of their memory of its purchasing power yesterday. We then push the problem back one step. People yesterday anticipated today's purchasing power, because they remembered that money could be exchanged for other goods and services two days ago. And so on."
And if they ever began to doubt it?
If you don't think inflation will melt your ice cube, UBS will be happy to do it for you
214% if you use the correct denominator. Math is hard
hodler from way back in the day. Hack, party, repeat. solarwinds123
Live free or die
Bitcoin Maston Instance