Insurance is just fractional reserve loss guarantee. They run numbers to try to figure out how likely they are to have to pay out claims and then have access to that estimated amount of cash. Just like banks estimate how many people will come take their money out and then lend accordingly, insurance is no different. A giant game of musical chairs grift backstopped by a central bank. @Brian Hirschfield knows.

The insurance industry is retarded and a total scam. A total byproduct of fiat money.

Boomers just straight up live in a different world. I’m sure our kids will the same thing, but I don’t know if the gap has ever been wider between generations. Maybe it only gets wider from here. I dunno. But it is shocking.

I am 0 for like 25 on paying with Bitcoin at Square terminals not shown on btcmap.org. I appreciate the work that the team over there is doing but the marketing has been incredibly disingenuous.

Now that’s some pork belly. #foodstr

Braised lamb shanks from @rev.hodl and pork shanks from a local farm. #foodstr

Imagine living through a time where the government tell you what kind of lightbulbs you have to use? How isn’t possible we have let things come to this? View quoted note →

Great stuff gents. Loved the poker talk. Keep this trend going. @Rob Hamilton @npub12eml5kmtrjmdt0h8shgg32gye5yqsf2jha6a70jrqt82q9d960sspky99g https://fountain.fm/episode/zo5EiVg9b6wKK2cAkGWc View quoted note →