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Be on your guard; stand firm in the faith; be courageous; be strong. Do everything in love. 1st Corinthians 16:13-14
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j 1 year ago
“What is lacking in order to make the developing countries as prosperous as the United States is only one thing: capital—and, of course, the freedom to employ it under the discipline of the market and not the discipline of the government. These nations must accumulate domestic capital, and they must make it possible for foreign capital to come into their countries. For the development of domestic saving it is necessary to mention again that domestic saving by the masses of the population presupposes a stable monetary unit. This implies the absence of any kind of inflation.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises https://a.co/66FnZ2x
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j 1 year ago
“These people talk of a “middle-of-the-road” policy. What they do not see is that the isolated interference, which means the interference with only one small part of the economic system, brings about a situation which the government itself—and the people who are asking for government interference—find worse than the conditions they wanted to abolish: the people who are asking for rent control are very angry when they discover there is a shortage of apartments and a shortage of housing.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises https://a.co/3ip4Lv7
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j 1 year ago
“A famous, very often quoted phrase says: “That government is best, which governs least.” I do not believe this to be a correct description of the functions of a good government. Government ought to do all the things for which it is needed and for which it was established. Government ought to protect the individuals within the country against the violent and fraudulent attacks of gangsters, and it should defend the country against foreign enemies. These are the functions of government within a free system, within the system of the market economy.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises https://a.co/9LRBgc9
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j 1 year ago
“The American consumer, the individual, is both a buyer and a boss. When you leave a store in America, you may find a sign saying: “Thank you for your patronage. Please come again.” But when you go into a shop in a totalitarian country—be it in present-day Russia, or in Germany as it was under the regime of Hitler—the shopkeeper tells you: “You have to be thankful to the great leader for giving you this.” In socialist countries, it is not the seller who has to be grateful, it is the buyer. The citizen is not the boss; the boss is the Central Committee, the Central Office. Those socialist committees and leaders and dictators are supreme, and the people simply have to obey them.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises https://a.co/gHtMSa8
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j 1 year ago
“One synonym for socialism and communism is “planning.” If people speak of “planning” they mean, of course, central planning, which means one plan made by the government—one plan that prevents planning by anyone except the government.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises https://a.co/cSQSqau
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j 1 year ago
“One synonym for socialism and communism is “planning.” If people speak of “planning” they mean, of course, central planning, which means one plan made by the government—one plan that prevents planning by anyone except the government.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by #LudwigvonMises https://a.co/bOstgcM
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j 1 year ago
“In everything I did, I showed you that by this kind of hard work we must help the weak, remembering the words the Lord Jesus himself said: ‘It is more blessed to give than to receive.’ ”” ‭‭Acts‬ ‭20‬:‭35‬ ‭NIV‬‬
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j 1 year ago
The Cantillon Effect describes the uneven effect inflation has on goods and assets in an economy. Since new fiat money is injected into an economy at specific points, its effects are felt by different people and industries at different times. This distorts relative prices and benefits certain parties while disadvantaging others. -@River
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j 1 year ago
“Over 98% of the global economy’s central banks are researching, piloting or deploying central bank digital currency (CBDC). There is an opportunity to harness this innovation in central bank money to enhance systemically important payments and securities transactions between financial institutions.” -World Economic Forum https://www.weforum.org/publications/modernizing-financial-markets-with-wcbdc/
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j 1 year ago
“God desires His people to prepare for the soon-coming crisis. Prepared or unprepared, they must all meet it; and those only who have brought their lives into conformity to the divine standard, will stand firm at that time of test and trial. When secular rulers unite with ministers of religion to dictate in matters of conscience, then it will be seen who really fear and serve God. When the darkness is deepest, the light of a godlike character will shine the brightest. When every other trust fails, then it will be seen who have an abiding trust in Jehovah. And while the enemies of truth are on every side, watching the Lord's servants for evil, God will watch over them for good. He will be to them as the shadow of a great rock in a weary land.” The Acts of the Apostles -Ellen G. White
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j 1 year ago
“Ideally government should be a sort of caretaker, not of the people themselves, but of the conditions which will allow individuals, producers, traders, workers, entrepreneurs, savers, and consumers to pursue their own goals in peace. If government does that, and no more, the people will be able to provide for themselves much better than the government possibly could.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by Ludwig von Mises https://a.co/6Hchuex
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j 1 year ago
“The ideal economic policy, both for today and tomorrow, is very simple. Government should protect and defend against domestic and foreign aggression the lives and property of the persons under its jurisdiction, settle disputes that arise, and leave the people otherwise free to pursue their various goals and ends in life. This is a radical idea in our interventionist age. Governments today are often asked to regulate and control production, to raise the prices of some goods and services and to lower the prices of others, to fix wages, to help some businesses get started and to keep others from failing, to encourage or hamper imports and exports, to care for the sick and the elderly, to support the profligate, and so on, and on, and on. Ideally government should be a sort of caretaker, not of the people themselves, but of the conditions which will allow individuals, producers, traders, workers, entrepreneurs, savers, and consumers to pursue their own goals in peace. If government does that, and no more, the people will be able to provide for themselves much better than the government possibly could.” — Economic Policy: Thoughts for Today and Tomorrow (Liberty Fund Library of the Works of Ludwig von Mises) by Ludwig von Mises https://a.co/7HW3MCP
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j 1 year ago
Fun Fact: Ludwig von Mises “Mises's career was interrupted for four years by World War I. He spent three of those years as an artillery officer, and one as a staff officer in economic intelligence. At war's end, he published Nation, State, and Economy (1919), arguing on behalf of the economic and cultural freedoms of minorities in the now-shattered empire, and spelling out a theory of the economics of war.” https://mises.org/what-austrian-economics
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j 1 year ago
“For God so loved the world that he gave his one and only Son, that whoever believes in him shall not perish but have eternal life. For God did not send his Son into the world to condemn the world, but to save the world through him. Whoever believes in him is not condemned, but whoever does not believe stands condemned already because they have not believed in the name of God’s one and only Son. This is the verdict: Light has come into the world, but people loved darkness instead of light because their deeds were evil. Everyone who does evil hates the light, and will not come into the light for fear that their deeds will be exposed. But whoever lives by the truth comes into the light, so that it may be seen plainly that what they have done has been done in the sight of God.” -‭‭John‬ ‭3‬:‭16‬-‭21‬ ‭NIV‬‬
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j 1 year ago
Wallet features are steadily increasing. From what I’ve seen, custodial wallets offer a ton of features for different use cases. Non custodial wallets are very good but don’t seem to be as feature packed and or the user experience is a bit more clunky in my opinion. Particularly when the non custodial wallet incorporates lightning. That’s when I see a bit more clunkiness. That’s not a tear down, that’s just an observation. Custodial wallets that “have it all” Strike CashApp Blink Non custodial Green/Jade Zeus What are you favorites…why? This is all based on my personal experience. I’m not a developer, programmer, or engineer of any kind. I do consider myself a “techy” however. I run a node and I enjoy learning more from folks who are software engineers, developers, and programmers. So, please share.
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j 1 year ago
Winning is being better today than you were yesterday…everyday.