"So, I urge every Muslim who reads these humble words: do not plead with the CEOs of these social media empires. They will not hear us. They will not relinquish profits. They will not betray their masters." View article →
With all of the censorship that's happening on TikTok recently, it might be a good time to recruit some more content creators to Nostr. Apparently they even censor people for posting the juicebox emoji now. It's gotten bad.
"Ibn Khaldun’s idea of 'asabiyyah may find new form today in the digital bonds we build through Bitcoin and Nostr"
Read part 2 of my notes from reading Time of the Bedouin by Ian Dallas (Shaykh Abdalqadir As-Sufi) View article →
I can’t take anyone seriously when they say “the price of Bitcoin is manipulated” as if there’s some shadowy group pulling levers 24/7 and dictating the value of one of the most liquid assets in the world.
If that were true, why wouldn’t these supposed manipulators just endlessly rake in risk-free profits instead of letting the price swing wildly by the free market?
Understand that prices of commodities don’t emerge from some central control room but rather they emerge from millions of individual choices of buyers and sellers constantly adjusting their valuations in real time. Every trade and every bid is part of the price discovery process.
Sure, large players can perhaps temporarily influence the market, but that’s not really "manipulation" when it's just big trades moving through an order book.
To reduce all of this dynamic activity to a childish conspiracy theory about “manipulators” is just stupid and lazy and it shows a complete ignorance of how markets actually function.