irc://TX

"We learn how one issue succeeded the other, how every time new names were invented to delude the people, solemn promises were made that henceforth the government should fulfill what it had charged itself with, and how the result was that again and again old debts were paid by incurring new in order to defer the impending bankruptcy of the state."
- On Chinese Currency, 1877

2023-03-08 19:53:53 UTC

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This is such fire

2023-03-08 04:46:35 UTC

Historic pace of Fed tightening = historic yield curve inversions. Cause and effect.

2023-03-08 02:06:18 UTC

What is the best image host for mobile Nostr-ing?

2023-03-08 02:00:09 UTC

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Easily Brad. Follow the relays you want, then go to the relays menu in Damus and tap each one to see it's info and the link to its LN invoice page. Pay that and you're good to go.

2023-03-05 03:08:53 UTC

All your zap bots are getting blocked because you tag 200 people in a single post and it destroys my notifications for days. Keep your 21 sats lol

2023-03-05 03:05:18 UTC

Who y'all got? Bones or Gane?

2023-03-04 22:28:14 UTC

I have a thesis that we will experience a recession and likely set new low prices in that time. The timeline is unclear, though historical modeling would suggest it comes later in 2023 or early 24.
Bitcoin has not yet experienced a real recessionary downturn, and this environment feels like one where previously reliable cyclical patterns are under attack. We are in a regime shift, globally, and these processes are volatile in nature.
But even with that thesis, I did not miss the opportunity to stack BTC heavily below $20k. When price is below Realized Price, below the 200-week average, when every on-chain indicator has signaled bottom, that means you should be stacking. I did not hesitate. It is what the bear market calls for. The corn I acquired at the recent cycle lows will set the foundation for the next epoch of wealth accrual. If we make new low prices, I will step up to the plate again. I remain flexible, open minded, and optimistic.
No matter what my medium term thesis is, the endgame is unchanged. Bitcoin is an asymmetric bet on the perpetual profligacy of the fiat system. The destiny of that system is singular and crystalline: debase until bust.
In the rubble of the crumbling edifice of money by decree, empty hands will reach for hard assets, as they have for centuries... There they will find the world's first borderless, decentralized, censorship resistant, unconfiscatable digital bearer asset. Where previous generations sought scarce physical commodities like rice, grain, silks, and precious metals, the next generation will find digital scarcity in Bitcoin.

2023-03-04 14:28:05 UTC

People have attached paper substitutes to real forms of money for centuries. Bitcoin also has to contend with this inevitable construct, but you can protect yourself by having total sovereignty over your coins, thus negating counterparty risk.

2023-03-04 03:16:31 UTC

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It really is an ugly chart

2023-03-03 23:40:12 UTC

Institutional adoption is one of the worst things that can happen for Bitcoin. All it can do is strengthen the correlation to tradfi.

2023-03-01 04:24:41 UTC

Every effort is made by modern government to conceal from the people the fact that they are paying for a past, a present, or a future war.

2023-03-01 04:17:33 UTC

All the haters who say nobody will ever spend #Bitcoin are going to have their wigs split when they catch zap fever.

2023-03-01 04:15:55 UTC

#[0] silence

2023-03-01 04:13:48 UTC

Verifying my Nostr Nests identity: acwwTEcPdEsrQxsbqCDVAikorRhVQqnYjOoVDkOK2j4
https://nostrnests.com

2023-03-01 03:19:05 UTC

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Man I'm dumb

2023-03-01 03:18:53 UTC

@zappr silence

2023-03-01 02:37:47 UTC

The latest #[0] update is 🔥 great job with the ⚡️ button!

2023-03-01 02:28:24 UTC

Everybody's taxes are gonna be a fuckin nightmare 😂😂😂

2023-03-01 02:20:40 UTC

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Hiiiii

2023-03-01 01:57:56 UTC

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❤️🥰

2023-03-01 01:41:23 UTC

lnbc210n1p3latfvpp54ytmrmg8lclc3a8csz6p3qmctlgg7stk7yjrpfxmuf22jc9dq45qdqu2askcmr9wssx7e3q2dshgmmndp5scqzpgxqyz5vqsp57pukcfh4hu60rrw3m8rtdy46a5lruyyawzc9xn6xwj5j2etvygxq9qyyssqppukjt5qdavn0scd7q60t6wnu454zm08g5wp8urm33xe6qhvxn89pvelcw830plt7m2qz6u77766nlde6k5awj8xk8mswem8qap2vncqddkknz

2023-03-01 00:26:17 UTC

Somebody check my relays and tell me how I'm fucking up

2023-03-01 00:19:52 UTC

By most typical measures, #Bitcoin has defined its bear market bottom. The biggest threat to the trusted cycle framework is the economy itself.
https://i.imgur.com/B4RlDYe.png

2023-02-26 02:23:38 UTC

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How does one get their hands on vanta black paint?

2023-02-23 17:22:16 UTC

A public debt is like a cork: more liable to float than to sink.

2023-02-23 17:21:48 UTC

"The public debt of a nation is either intended ultimately to be paid off, or it is not.... If it is not so intended, and the borrowing was not merely a premeditated swindle upon the creditors, it may take the form of a perpetual loan: callable in theory, but upon which nobody is likely ever to propose any payment other than to bear the service charges."
-A World In Debt, 1936

2023-02-22 03:16:54 UTC

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Zapped

2023-02-20 00:04:26 UTC

"No person of composed mind and of any acquaintance with the past can fail to observe that civilization has arrived at one more of its recurrent tests, in which the tensile strength of the chain that keeps individuals from being redispersed into barbarism is exactly determined by the weight of repudiated promises it can bear."
- A World In Debt, 1935

2023-02-19 21:25:53 UTC

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You're too kind thanks brother 🙏❤️

2023-02-19 16:33:49 UTC

"In the whole sum of lending and borrowing, dishonesty probably accounts for a relatively small part of the social losses. For the most part, the hopes of both creditor and debtor, that the borrower will succeed, are sincere but illusory. The easier we make the possibility of debt, the more failures there will naturally be; consequently the greater depletion of economic wealth.
Thus surplus is always tending to destroy itself. The urgency of capital to be at work profitably overcomes it's timidity and blinds it to risks."
-A World In Debt, 1935

2023-02-19 15:00:40 UTC

Some of y'all have lil catch phrases and it's adorable

2023-02-13 15:29:01 UTC

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Why 135?

2023-02-06 04:58:14 UTC

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Hey heyyy 👋