Ever since the dollar stopped being backed by gold, the US made a deal with Saudi Arabia: all oil would be sold in dollars. That meant the whole world had to hold dollars, and they could print as many as they wanted, dumping the cost of their spending on everyone else. Since then the dollar has lost 99% of its value: today it is worth barely 1% of what it used to be.
Why did Saudi Arabia agree? In exchange for protection, especially against Iran. They run differently: there religion and state are separate, while in Iran government follows Islamic principles.
Now Iran is putting that promise to the test. If the US fails to defend them, or loses the conflict, Saudi Arabia will stop accepting only dollars. And once that happens, no one will be forced to hold dollars anymore.
The catch is the US debt is already nearly impossible to pay back. Keep the straits blocked for two more months, and it’s over for good. Trying to pay their bills with Iran’s frozen funds would only make it worse: it destroys what little trust remains and speeds up the collapse. A currency works on confidence... and there isn’t any left.
It really is that simple:
- Walk away: they lose the global dollar forever.
- Stay and fight: they drown in debt and lose the global dollar all the same.
There is no good way out. Either road leads to the same end. That is exactly why China is moving to secure the South China Sea and lock in its own trade routes right now.
#Dollar #USA #Economy #Finance #Global
Sunday Midnight
npub13hkp...ukkx
"He sees not the black sky and the raging sea, marks not the rocking planks, and little heeds or listens to the far‑off roar of the mighty whale, who now, with open mouth, cleaves the sea in pursuit of him." — Herman Melville
#Lancer #FateStayKnight #FateGrandOrder #TohsakaRin #Tsuedzu #Anime #AnimeGirl #Waifu


#Lancer #FateStayKnight #FateGrandOrder #TohsakaRin #Tsuedzu #Anime #AnimeGirl #Waifu


Oh fuck... it's worse like I imagined! (excuse me, I need to tell it someone)
Mastodon implements the shadowban literally:
"Limiting (formerly known as Silencing): A limited account is hidden from all other users on that instance, except for its followers. All of the content is still there, and it can still be found via search, mentions, and following, but the content is invisible publicly."
Mother! See the rand(100) in Callback.
Mastodon's code generates an ID. But if ID isn't unique... they add a random number! 🤦
class Callbacks
def self.around_create(record)
now = Time.now.utc
if record.created_at.nil? || record.created_at >= now || record.created_at == record.updated_at || record.override_timestamps
yield
else
record.id = Mastodon::Snowflake.id_at(record.created_at)
tries = 0
begin
yield
rescue ActiveRecord::RecordNotUnique
raise if tries > 100
tries += 1
record.id += rand(100)
retry
end
end
end
end
#Mastodon #Ruby #Dev #Code #Cypherpunk #ActivityPub
GitHub
mastodon/lib/mastodon/snowflake.rb at main · mastodon/mastodon
Your self-hosted, globally interconnected microblogging community - mastodon/mastodon
In Argentina, British billionaire Joe Lewis became a symbol of alleged foreign land grabbing and disregard for public access rights, primarily due to his vast Patagonian estate encompassing the publicly owned Lago Escondido. The Kirchnerist governments consistently leveraged this dispute, accusing Lewis of obstructing access and portraying him as a foreign magnate disrespecting national sovereignty. This narrative intensified with the "Lago Escondido trip" scandal, where a leaked alleged meeting of judges and officials at his property was used by the Kirchnerist administration to denounce a "mafia" network. However, judicial proceedings later revealed that the evidence for this "mafia" was obtained through illegal espionage by state actors, leading to the annulment of the case against the attendees and the prosecution of Kirchnerist-aligned officials like Ricardo Nissen for abuse of authority in their attempts to intervene Lewis's companies.
The striking hypocrisy lies in this intense focus on Lewis's alleged "infraction" regarding a remote lake access, while the same Kirchnerist administrations implemented economic policies that severely crippled Argentine Small and Medium-sized Enterprises (SMEs). Measures like currency controls (cepo cambiario), rampant inflation, and arbitrary regulatory actions by officials like Nissen at the IGJ created an environment of profound legal and economic insecurity. For most Argentinians and SMEs, these policies posed an existential threat, far outweighing the symbolic issue of Lago Escondido. The criticism suggests that while condemning a foreign billionaire for a property dispute, the Kirchnerist governments simultaneously undermined the livelihoods of countless local businesses, thus sacrificing tangible economic well-being for a politically convenient narrative.
#Argentina #Kirchnerism #JoeLewis #LagoEscondido #EconomicHypocrisy
## A Cypherpunk's Manifesto
—by Eric Hughes
Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world.
If two parties have some sort of dealings, then each has a memory of their interaction. Each party can speak about their own memory of this; how could anyone prevent it? One could pass laws against it, but the freedom of speech, even more than privacy, is fundamental to an open society; we seek not to restrict any speech at all. If many parties speak together in the same forum, each can speak to all the others and aggregate together knowledge about individuals and other parties. The power of electronic communications has enabled such group speech, and it will not go away merely because we might want it to.
Since we desire privacy, we must ensure that each party to a transaction have knowledge only of that which is directly necessary for that transaction. Since any information can be spoken of, we must ensure that we reveal as little as possible. In most cases personal identity is not salient. When I purchase a magazine at a store and hand cash to the clerk, there is no need to know who I am. When I ask my electronic mail provider to send and receive messages, my provider need not know to whom I am speaking or what I am saying or what others are saying to me; my provider only need know how to get the message there and how much I owe them in fees. When my identity is revealed by the underlying mechanism of the transaction, I have no privacy. I cannot here selectively reveal myself; I must always reveal myself.
Therefore, privacy in an open society requires anonymous transaction systems. Until now, cash has been the primary such system. An anonymous transaction system is not a secret transaction system. An anonymous system empowers individuals to reveal their identity when desired and only when desired; this is the essence of privacy.
Privacy in an open society also requires cryptography. If I say something, I want it heard only by those for whom I intend it. If the content of my speech is available to the world, I have no privacy. To encrypt is to indicate the desire for privacy, and to encrypt with weak cryptography is to indicate not too much desire for privacy. Furthermore, to reveal one's identity with assurance when the default is anonymity requires the cryptographic signature.
We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy out of their beneficence. It is to their advantage to speak of us, and we should expect that they will speak. To try to prevent their speech is to fight against the realities of information. Information does not just want to be free, it longs to be free. Information expands to fill the available storage space. Information is Rumor's younger, stronger cousin; Information is fleeter of foot, has more eyes, knows more, and understands less than Rumor.
We must defend our own privacy if we expect to have any. We must come together and create systems which allow anonymous transactions to take place. People have been defending their own privacy for centuries with whispers, darkness, envelopes, closed doors, secret handshakes, and couriers. The technologies of the past did not allow for strong privacy, but electronic technologies do.
We the Cypherpunks are dedicated to building anonymous systems. We are defending our privacy with cryptography, with anonymous mail forwarding systems, with digital signatures, and with electronic money.
Cypherpunks write code. We know that someone has to write software to defend privacy, and since we can't get privacy unless we all do, we're going to write it. We publish our code so that our fellow Cypherpunks may practice and play with it. Our code is free for all to use, worldwide. We don't much care if you don't approve of the software we write. We know that software can't be destroyed and that a widely dispersed system can't be shut down.
Cypherpunks deplore regulations on cryptography, for encryption is fundamentally a private act. The act of encryption, in fact, removes information from the public realm. Even laws against cryptography reach only so far as a nation's border and the arm of its violence. Cryptography will ineluctably spread over the whole globe, and with it the anonymous transactions systems that it makes possible.
For privacy to be widespread it must be part of a social contract. People must come and together deploy these systems for the common good. Privacy only extends so far as the cooperation of one's fellows in society. We the Cypherpunks seek your questions and your concerns and hope we may engage you so that we do not deceive ourselves. We will not, however, be moved out of our course because some may disagree with our goals.
The Cypherpunks are actively engaged in making the networks safer for privacy. Let us proceed together apace.
Onward.
Eric Hughes <hughes@soda.berkeley.edu>
9 March 1993
#Cypherpunk #Privacy #Internet #EricHughes
🤟🤟🤟🤟
#Chii #Anime #Chobits
I dont remember the author, sorry


You know what? I learned that ngit exists – maybe I'll put something up there to test it out (but backed up somewhere else, since I still don't know if it's reliable). Have you guys used it?
ngit is Git for Nostr
#Chii #Chobits #Anime #AnimeGirls
Author: #Gakdoori


I understand: internet today is a guarded garden (ICE style)
Those who label you a techno-fascist for using AI or Crypto are usually the ones craving a thought police to validate every single word and idea.
#Tech #AI #Crypto #Fediverse #Moralfags
My bad, I struck the childish morals of the Fediverse. Maybe I should've asked for permission to exist first. 🙄
#Zap #Bitcoin #Litecoin #Moralfags