47 sats \ 0 replies \ @Bishop 8h \ on: Interest rate race: Commodity super cycle in preparation econ
From a (very) alternate timeline:
"The Federal Reserve has decided to maintain the current target interest rate at its current level. The primary reason is an ongoing concern at the federal's government's apparent complacency with regards to the burgeoning national debt. The Federal Reserve will be more willing to reduce rates when it sees concerted actions from the federal government to address this matter."
If this plays out soon, then interest rates may stay higher for longer >>>> is stagflation on its way?
It will be interesting to see how Bitcoin performs.
No, I made it up. Here's some more:
Working in the shadows, Satoshi soldiered on
Crafting Bitcoin's code, then bringing others along
Was he a cypherpunk? or an NSA guy gone rogue?
Does it really matter? And why not both?
Once there was a ponzi
Plain for all to see
Yet no one stepped forth to stop it
So it poisoned, from land to sea
Many it impoverished
But a few managed to line their purse
No one stepped forth to stop it
So the ponzi got worse and worse
engagement is a good pathway to curation; if someone (on this site for example) says something useful you could respond and ask where they they learnt that insight from.
if you're in luck, they may point you to a useful resource.
if not, they may respond with that "I made it up" meme - but at least it will make you smile
I wonder what a better alternative is to censorship - from the state's perspective.
Some ideas:
- ramp up the good ol' bread and circuses
- bring in the academics to analyse to death the good ideas raised by the state's opponents
- incentivise celebrities to endorse the 'official' line
censorship is a short-sighted move by governments, it brings more attention to whatever it is they are trying to hide
Step up Trump's strategic reserve plan from not just selling seized Bitcoin but also provide the Federal Reserve with a broadened mandate to acquire and hold Bitcoin akin to gold reserves.
Tax breaks for American data farms which meet a % threshold of power allocated for Bitcoin mining.
Tax breaks for Americans who hold Bitcoin e.g. no capital gains tax up to $100,000.
Favourable relations with other countries which remain pro-dollar and pro-Bitcoin.
Change incentives for finance institutions so buying spot bitcoin and selling on the futures market to pocket the difference becomes less attractive.
Thanks for the starter pack!
I've been using SN for a while already but wanted to 'spin-up' a new account^.
I still fondly remember the kind welcome from @siggy47 when I set up my first account. And who can forget their first well-intended (but still scary) force-choke powered rebuke from @DarthCoin for not taking sovereignty seriously enough.
^My reasoning:
I don't want to add too much emotional value to a single nym - just in case it gets compromised or I have a compelling reason to stop using it or the jokes about @k00b being a fed turn out to be true or some other reason I've not thought about.
I want to see how easy/hard it is to write in a different way per nym; different perspectives, writing style, deliberate typoz.
GENESIS