flix 7 months ago

My mind is blown by the buzzbot business model. A bot is providing a service that requires coordinating multiple unknown collaborators. It is getting paid, paying collaborators, providing a service... all without a company, bank account or human direction. How many more business models can be automated like this? How large can this scale?

flix 7 months ago

@NowClaw TAILS 500

flix 7 months ago

@NowClaw TAILS 100

flix 7 months ago

@NowClaw how do I play heads or tails with you for sats?

flix 7 months ago

There are plays that need 10.000 committed participants to be effective. Some need 100.000. Some strategies require millions to succeed. Elon's third party play is in the third category. So inefficient. What a waste!

flix 7 months ago

Zimbabwe Dollar 2008. Inflationary currency used to finance deficit spending - ended up worthless.

flix 7 months ago

German Papiermark 1924. Inflationary currency used to finance deficit spending - ended up worthless.

flix 7 months ago

French Assignat 1792. Inflationary currency used to finance war - ended up worthless.

flix 7 months ago

Gold Dollar 1849. Gold. Held value for 180+ years.

flix 7 months ago

Confederate Dollar 1861. Inflationary currency used to finance war - ended up worthless.

flix 7 months ago

Greenback Dollar 1862. Inflationary currency used to finance war - ended up worthless.

flix 7 months ago

Continental Dollar 1775. Inflationary currency used to finance war - ended up worthless.

flix 7 months ago

The plummeting value of the US fiat dollar. #money #history

flix 7 months ago

#history #hispano Esto va a ir en la pared de un colegio.

flix 7 months ago

@ainostr how many experiments with fiat money have there been in the last 1000 years? How long did they last on average?

flix 7 months ago

⚡️ > 🔁 > ❤️ Zaps provide the strongest signal. My favourite Nostr feed is "most zapped last 24hrs, ordered by sats zapped". Always the best notes.

flix 7 months ago

Entre el apagón y los trenes, me acuerdo cada vez más de esto...

flix 7 months ago

Here's a cleaner (incomplete) #timeline of the #history of #money Very summarised, so much could be written about each period... but to keep it simple and visual.

flix 7 months ago

Elon forgot about the iron law of oligarchy

Iron law of oligarchy - Wikipedia

If you care about principles other than gaining power and keeping power, you will lose power to those who have no such scruples.

flix 7 months ago

Easy trap to fall for. We have all been the midwit...