Everyone who cares about freedom tech like Bitcoin and Nostr should purcge closed walled garden garbage like Apple from their life. Degoogled Android on the phone and Linux on the desktop. The centralized corporate app stores will be targeted and will shut down Bitcoin apps from their app stores. It's a matter of time. This is a war. It's freedom or slavery. You can't compromise and win a war. Throw Apple out today. Or at least resolve not to buy any new Apple device and to upgrade your devices to FOSS when you need to refresh. ✊
Dash
dash1971@nostrplebs.com
npub1tqwf...2jhh
Christian. Digital capital (Bitcoin), digital intelligence, and Japan. Also play chess. #ChristIsLord
It's scandalous eth is not included in the SEC's filing as an unregistered security. Premine? Check. Centralized foundation? Check. Aggressive marketing of token? Check. Promise of staking yield? Check.
To restore balance to the universe Vitalik must be in jail, and Ross must be free.
Japan's trade deficit was a record ~30billion usd in January. The largest monthly defecit since 1979, when records were first recorded on a monthly basis. No doubt the government of the time shifted to monthly reporting in order to brag as the bubble was reaching it's peak and Japan Inc. Looked destined to rule the world. Now it's an inconvenient reminder of Japan's continued slide into irrelevance. How long before the government stops publishing these numbers I wonder?
Anyway, 18th straight month of deficits as the JPY slides to 134 against the dollar. Japan has run a trade deficit every year bar one since the GFC. People focus on the 250% of so debt to GDP or the zero rates but for me the trade deficit is far more concerning. After all, you can maintain debt with a large income. But if you have debt and your expenses exceed your income things quickly spiral out of control.
The foreign reserves have been depleted propping up a failing currency. Japan has more dry powder but there is no magic money tree. At some point you need to earn dollars to pay for energy and that means competing with more nimble and hungry Chinese and Korean competitors to sell to US and Chinese consumers.
All this while the US administration pressures puppet PM Kishida to increase taxes to pay for increased military spending. Japan desperatly needs less government, lower taxes and deregulation. The free market needs to be allowed to clear out zombie incumbents so that ambitious Japanese founders can create new companies that can get out into the world and compete. I wish we could just pay Kishida and the entire LDP to do nothing for 5 years. Just lock them in a room with a copy of Civ 5 and let them work their political magic in the "metaverse" the politicians in Japan seem so fond of.