There’s lots of financial assets that do not have a physical thing. Cash is just a paper that represents a piece of the total value of its applicable network of government over-reach. A bond is a promise to pay back debt in some nominal fiat amount. A life insurance policy is just a written signed contract. A stock is just a pice of stated ownership in a company that could die any minute. A deed to real estate is a temporary consent from the applicable government that you can use the land if you pay enough tax.

If anyone knows how to reade the mempool well, please teach me. Nobody else seems to want to help me with that. And after losing 2 Bitcoins to an ass hole, I’m ready to learn.

I’ve got a fever, and the only prescription Is more Bitcoin.

GGY

What’s weird is that right now, no one is rioting in the streets.

I still mine fiat and get a reminder occasionally of how it fucks people. Today I am more bullish on Bitcoin than I was yesterday.

World’s 3rd largest bank passing a usb drive around manhattan to facilitate large trades during a security scare, and I’m just like keeping it off the internet is smart, but what about the $5 wrench attack?

If you can’t appreciate us during the “and then they fight you” stage Then you don’t deserve us during the “and then you win” stage.

I never heard of a widespread ach outage due to Federal Reserve processing software bug BEFORE THEY ARE TRYING TO FORCE FEDNOW ON EVERYONE.

Are we going to see the decline of large inefficient governments? Will they go the way of the orthodox church after the invention of the printing press? Are we now the heretics pointing out the problems of the obsolete rules, throwing out the algo?

😃😂😂😂 View quoted note →