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0 sats \ 0 replies \ @justin_shocknet 2h \ parent \ on: Why America gave up on economists econ
It's globalist/keynsians with the zero-sum demand side worldview, and why that structure is set up to milk the US.
The Trump/Bessent/Hasset/Miran/Kudlow view is supply side, a rising US tide lifts all boats.
Mining centralization is at spooky levels, but that's a market condition that is transient and already healing by the day.
Distribution is a concern, but not critical. That's a reflection of the real world economy, so again market driven, not technical.
Culture/incentives are probably the biggest risk, there's very few principled people that have the ability to do principled things. Fortunately, bitcoin's technical design is literally built to mitigate that cultural/incentive risk. Every time a script kiddie or NGO wants to change Bitcoin I appreciate it for what it is even more.
Regs probably the biggest, regs themselves are a product of their environment.
The US being where investment goes, and the market where approval trickles down from to the rest of the world, that's where most Lawfare happens
Lawfare manifests as Regs, as Regs are costs imposed on competition
US's scale also draws in corruption, regs increase costs, costs are used to justify more subsidies to where the system has become a setup to print money directly into the medical industrial complex...
Combined we have the illusion of a free-market system, running socialism under the hood. This yields the worst of both, corporatism.
The zeitgeist under the new regime is "favored nation" pricing on drugs so that the US stops subsidizing drugs for the rest of the world by overpaying, and cutting the insurance companies out of the subsidy flow to open the market to choice.
I'd like to know if this sets up a rug-pull on blue states that have been generating a ton of revenue off their own licensing schemes
Follow the money
One thing I find funny is GE not too long ago broke into multiple companies, GEV is divorced from GE aerospace 😂
Cheap VPS off lowendbox etc
ssh -fN -R 9735:localhost:9735 user@vps.ipbind the lightning node to localhost but set the advertised IP to the vps ip
Can add this to systemd with the lightning node process dependent on it also in systemd
No ridiculous wireguard setup or other tunnel service required, just good ol' ssh.
Morons don't get a seat at the table unless they're put there by the not-morons who control them
Can debate the where/whom on provenance of decision making/planning, but it's an entity a lot smarter than you.
Any bias to the contrary is just cope.
Actually, that's very consistent with what has played out.
Stupid, high time preference people, within a poor incentive structure imperiled national security over decades, in many cases under foreign influence. Traitors everywhere, America for sale.
Occam's razor on the simplest explanation:
The government is not a monolith, the national security state's immune system kicked-in to fight the disease.
His typecasting was before the regime change, to influence change you need to articulate what's wrong with the status quo.
I'm highly skeptical of that statement.
The institutions that shape world's largest economy have effectively unlimited resources to put people in think tanks, gather intelligence via the IC, run psyops, and coerce industry.
Everything happening is part of decades of planning. The enemy gets a vote of course, and optics are important, so there's obviously friction. That's exactly what "war gaming" is for.
It's insanely naive to assume things at this level aren't planned with unfathomable precision, letting people think they're incompetent and just winging it is the most successful psyop ever pulled.
Miner arb was on stranded energy using regular generators
AI squeezed that arb, no energy left stranded, generators manufacturers backlogged... Jet thing is relatively recent because of the generator crunch
GEV has been doing this awhile, taking engines out of the desert bone yards, but the super sonic engines are more efficient allegedly in hot climates like Texas
GrapeRank uses mutes, engagements, zaps, reports etc... nymrank is built over that
Biggest limiting factor is what nostr is used for: fugazi Twitter. Limited data to actually glean from... zaps are inadequate economic activity.
Cooking up a few things that, with any traction, will provide new vectors for WoT calculations
The hardest working man in Bitcoin, @Car, asked for some help with a kiosk for the PlebCafe
Uses CLINK Offers so the Lab can take sats for the snack area with a static web page that fetches invoices over Nostr, menu and offer is just a json file
Realized we never implemented purely nostr-based callbacks in Lightning.Pub... we were focused on web-hooks... so addressing that real quick... derp. Fortunately CLINK Spec and SDK already handles it.
Bingo. Need to wipe out every non-dollar fiat first.
undermine the monetary sovereignty of non-US currencies
Thats the point, dollar supremacy... all other fiats are propped up at the dollars expense (American's blood and treasure). Tariffs are the other part of this.
hands of the Federal Reserve
Fed is already cooked, it's not so slowly being merged back in to the US Treasury.
It becomes much easier for foreigners to adopt Bitcoin once their local currency collapses, and they have a stablecoin wallet installed. Dollar wrecking ball facilitates that.