“He who rejects instruction hates himself, but he who gives heed to reproofs loves his soul.” #Proverbs 15:37

“He who oppresses the poor reproaches his maker, but he who honors him has mercy on the needy.” 14:31

@npub18wgt...r2wn is chair of the economics department at Ole Miss. We can only hope that policy makers take Dr. Hendrickson’s words to heart. View quoted note →

“A man who begins to give aid heartily is better than he who only promises and leads another to hope.” 13:13

“There are those who wound with a sword as they speak, But the tongues of the wise heal.” 12:31

Bitcoin Atlantis sounds amazing. I’m not a developer but I really want to encourage all those working to preserve and strengthen Bitcoin: you’re actually restoring hope for millions (soon billions) of us. I just gave to @OpenSats for the first time. What can you do? View quoted note →

Well played, @npub1tftc...xar5, well played.

How devaluation starts: April 18 will be the 25th anniversary of the current Swiss constitution’s adoption. With that ratification, the #franc became fully fiat. Yesterday, 58.2% of Swiss voted to add a 13th monthly federal pension payment, while a second initiative to raise the retirement age and begin tying it to life expectancy failed, garnering only 25.3% of votes. Unless the #Swiss either raise taxes or cut other spending, the supply of franc will have to rise. Budgets must always balance: if not in nominal terms, then in real terms.

Of course Reuters quotes Holly Bender of the Sierra Club and Elizabeth Warren but why not @Daniel Batten? Is this #journalism? https://www.reuters.com/legal/crypto-miner-lawsuit-sets-back-us-effort-track-booming-power-use-2024-02-28/