Tuttle those truths View quoted note →

Oh man, I am really appreciative for Lyn’s insight into the 2008 meltdown. If you have a copy, skip to page 276-281. In those 5 pages, I understood in language I could understand more than all I’ve heard or watched before. “If there is 63 times as much total debt in the system (IOUs for dollars) as there is base money (actual dollars), then perhaps most of that debt is unrealistic and needs to all get wiped away? Or should policy makers step in and prevent that collapse from happening?” Thanks for taking the time to write Broken Money @Lyn Alden. I’m chipping through it weekly as I sit at swimming lessons. This helped me to realise the ‘dollar rug’ and ‘socialised bail out’. I kind of got it, but this helped. Also, liked the analogy of 63 kids playing musical chairs with 1 chair, and ‘so long as the music played (the banks could trust the other was solvent), the music played’; until it didn’t.

“You either go with an authority that helps you remove 99.99% of the existing garbage or you use an approach that, much like cryptography, makes the cost of putting garbage in front of your eyes asymmetrically expensive.” View quoted note →

Had Apple’s Safari browser read this to me using ‘read mode’ and ‘read to me’. So good. Now I get NBS as a pod each Monday. 🎩 to @NVK 🌞⚡️ for the idea View quoted note →

After explaining that cigarettes can be money, Peter Schiff states ‘You must be smoking something to buy bitcoin’ Made me laugh. Good chat @jack mallers

Fountain

The David Lin Report • Peter Schiff & Jack Mallers Debate Bitcoin Vs. Gold, Collapse Of Dollar • Listen on Fountain

Moomoo U.S: New users that enroll in Cash Sweep can earn 5.1% APY+3% APY booster + up to 15 free stocks with a qualified deposit Moomoo CA: Earn 6%...

Just started reading this article giving insights into Craig’s thinking behind Sparrow Wallet 🐦 “wallets with simplistic interfaces that display your Bitcoin balance as if it were a bank account balance are doing a disservice to the user.” @craigraw is a legend

Bitcoin Magazine

Privacy And Pain: Craig Raw, Creator Of Sparrow Wallet, On Self-Custody

An interview with Craig Raw, creator of the popular Sparrow Wallet, on Bitcoin privacy best practices and pain as a teacher. From "The Privacy Issue".

Fountain is raining down Ws 🤌@merryoscar View quoted note →

🎥🍿 ‘We’re playing the whole thing*’ Second by second. Stay #weird View quoted note →

Linked in today - 🎩⛲️ View quoted note →

Wholesome View quoted note →

Following. I try to check/match signatures, but this is helpful. View quoted note →

🤔 it’s happening…?

Some wisdom about doing the thing when you are feeling limited View quoted note →

QnA rn ‘Mwaahahaahaa’ View quoted note →

New phone, who dis? #introductions