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0 sats \ 0 replies \ @Solomonsatoshi 5h \ parent \ on: Why Do People Hate Cowboys? AskSN
You have already confirmed they are vegans - that's quite enough context thank you!
You need to be innovative, bold, sly and lucky to get off the centuries old noose of Jewish debt slavery...
You have a source on this?
'The company's "Mefo bills" served as bills of exchange, convertible into Reichsmark upon request.'
The MeFos could be redeemed at any time for Reichmarks.
As they paid more than any other similar liquid asset people did not generally want to redeem.
The German government pushed back the automatic redemption dates because people where happy to continue holding- until they weren't.
Certainly once the German expansion project was in retreat, then demand would presumably have evaporated, but for quite a while the prospects looked good....until they didn't!
Like USTs, with MeFos, you are/were investing in the success, or otherwise, of the empire that issued them. It's all good, until it isn't...
All the European powers turned to fiat money at the outbreak of WW1.
They never returned to a true gold standard.
They ended up both militarily and monetarily subservient to the USA and its FED which is owned by Jewish bankers and which operates the grandest fiat monetary hegemony ever over the entire planet.
Chinas mercantile expansion and independence from Jewish bankers is a challenge they face now.
The Saudis have joined mBridge and sell more of their oil to China than any other market.
Iran and Russia already sell their oil and gas to China via CIPS and other protocols outside of the SWIFT/ fiat USD petrodollar protocol.
The global Jewish banking cartel shapeshifted itself back into the dominance it has enjoyed for centuries...and still does, although China is now a credible challenge to them.
Life and evolution need competition to function.
Oh for sure but when the bigger plan was in Germanys case expand your resource base and wealth by acquiring more territory its a viable funding program!...and free of meddling Jewish parasites who bank most of your opponents.
If the general inflation rate increases then you must increase the rate of return on the MeFo but as long as the prospects of German territory expansion remain positive all is well!
Its like investing in a tech stock which is not currently making a profit but has the potential to...until it doesn't.
In USAs case it is perhaps more a matter of managing a declining empire that has not been living within its means for many decades in the fact of the rising Chinese empire. Short term funding can help manage decline and may enable a better outcome than a collapse of USD hegemony which could otherwise occur if you cannot sell those USTs before Christmas!
Buying these MeFos would take Reichmarks out of circulation...reducing inflation.
People would rather hold MeFos and get 4% annual return than hold Reichmarks and get zero or lesser return.
You could redeem for Reichmarks at any time you want, but who would want when you get a superior return by holding MeFos?
Clever way of getting the market to finance government deficits...similar to USTs.
Maybe Trump has something similar planned for stablecoins- where stablecoin issuers must buy USTs as backingfor the stablecoin.
Freeing your government from rentseeking Jewish banksters.
Hitler freed German finance from the clutches of Jewish usury, for a while.
Perhaps Trump is hoping to use stablecoins in a similar way to reduce US dependence upon the Fed?
You avoid the reality that control of how the protocol is used is effectively control of the protocol, even if no coding has been directly altered by them.
If you still don't get it this may help otherwise I cant be fucked with your disingenuous and evasive trolling.
100 sats \ 1 reply \ @Solomonsatoshi 3 Jul \ parent \ on: US Money Supply M2 Just Hit An All-Time High econ
My point is that while Bitcoin does provide superior qualities to users, such as opt in rather than state imposed compulsion, Bitcoin MoE is hugely obstructed, even in the 'liberal' west and even more so in the autocracies under which 70% humanity exist.
Instead Bitcoin is being subverted into a harmless (to fiat operators) speculative commodity plaything increasingly custodied and controlled by bankers and governments.
This reality is one usually denied by libertarian US Exceptionalist Bitcoiners.
The need to use a wallet external to the site must be preventing a lot of people from joining the site- its a real problem as otherwise the site deserves to grow.
The obstruction of Bitcoin as a MoE is still real and is limiting growth and development of the protocol and steering it toward a dead end of speculative commodity captured by bankers and governments.
We are still early.
My hope is that SN and Coinos are getting their systems fine tuned (Coinos seems much improved lately) and ready for the growth that is possible- it's not guaranteed as we are up against massive and wealthy corporate algorithms but it is a possibility that this model of social media will eventually triumph because it has some superior qualities and Bitcoin use is central to enabling that.
I rarely bother with other social media now as the quality of content is so poor compared to SNs.
Sounds like you didn't read the article.
Vast majority of US AI is not open source.
Vast majority of Chinese AI is open source.
Read the article and learn the truth you are hiding from.
U S A is losing the race...
Chinas AI are open source.
US AI is closed source and very expensive.
China is winning the AI race along with most other strategic technologies by providing a comparable and competitive product at a better price.
USA is desperately trying to defend its hegemony by imposing tariffs and strong-arming and bullying other nations to block Chinese access to markets and supply chains- admission that USA is not competitive in a free and open market.
Coming from you the denial of cultural bias is debatable.
Do you still deny the CIAs involvement in the removal of the democratically elected Iran government of Mohammad Mosaddegh?
Do you deny Palantirs AI military role?
Control of the narrative is a strategic weapon that those seeking to maintain US leadersdhip in AI acknowledge as a crucial factor and both their and Chinas objectives.