#NEWS #Breaking The Mainstream Media: So what is news anyway? It's new information of any kind. How do they came up with the word: 'NEWS'? It stands for: North East West South. I bet that most people didn't even knew that. Strategies that Mainstream Media use to manipulate the people: Biased story selection All these media companies choose which news stories are getting covered. If a certain agenda is being pushed, one can expect stories that are supporting that agenda to be covered a lot by that media company. Off course the opposite is true too; if something happens in the world that isn't supporting the narrative, than there won't be coverage of that. Biased story telling This is when a story gets covered, but the media company is knowingly and willingly leaving out facts that show all the information about this occurrence or topic. Often the parts that are supporting a narrative are over highlighted. Biased typecasting This is when a media company shows 2 sides of the story, for instance to broadcast 2 different video interviews that are opposing eachother, but then it shows clearly which of the 2 is to be believed. Like interviewing a well spoken professor, that has had media training and is prepared for the interview, about one side of the view, versus a poorly dressed person that is not used to do an interview and gets the mic and camera put into the face on the street without expecting or preparing for it. And off course then there is straigh up lying which a lot of Mainstream Media is doing too nowaday's. Because more and more people are getting aware of all of these intelectual dishonest strategies done by the mainstream media, they tend to not listen to them anymore. Social and Alternative media are used and being watched more and more. There one get to choose which topic interests one and who to listen to. At this point, it's fair to say that Mainstream Media isn't mainstream anymore. The Legacy Media is a better term to call them. As this trend continues and I think it will, these Legacy Media Companies will be gone in the future. A win for the people! 😉

So, it's good that #[0] reminded me of this: With coinjoining #Bitcoin there are different implementations. We all know about the endless debates between Samourai and Wasabi. And there is Joinmarket as well. The differences between them are all about trade offs (and sometimes honesty about those). On top of that there is still ongoing research that is being done about privacy tools on Bitcoin. What I can tell You is that onchain coinjoins won't be feasible in the long term. Simply because it will be too expensive in onchain transaction fees to conduct. So now what? More privacy tools will be there on other layers on top of the Bitcoin main chain. #Fedimint is already a good example of that and more will come. Innovation and developing takes time. Be patient and You'll get all the Bitcoin tools You ever wanted. 😉

It's fun to #zap at the #zapathon but make sure You stack and hodl some #Bitcoin for the long run yourself. 😉

Why do people want to continue to believe the Psy-Op? It's because most people's egos are too large for them to fathom the possibility of being fooled. 😉

So the #FED exists by now for around 110 years. Let's look at their track record: Eliminating ALL the ‘minor downturns’, and ‘hiccups’ in the economy since its creation, and ONLY picking up the ‘official’ recessions and depressions, there have been, out of that 110 years of ‘management’ of the US national currency, 44 years, and 7 months we have actively been involved in either a recession or a depression. So nearly half the time the Fed has been running things, the economy has been in the shitter. Not a good score. And the real horror of it is that if we were to include all the minor downturns, we would discover that those would more than DOUBLE our time in that shitter to over 89 years and 5 months. Not very good managers if they are in crisis mode 80% of the time. Individual adoption of #Bitcoin fixes this! 😉

#Bitcoin #FED #ECB Is a new world reserve currency going to replace the US dollar? I don't think so, but not in the way most people think. I'll try to explain: So first, what is a world reserve currency? 1. A reserve currency is a large amount of currency held by central banks and major financial institutions to use for international transactions. 2. A reserve currency reduces exchange rate risk since there's no need for a country to exchange its currency for the reserve currency to do trade. 3. Reserve currency helps facilitate global transactions, including investments and international debt obligations. 4. A large percentage of commodities are priced in the reserve currency, causing countries to hold this currency to pay for these goods. In my way of thinking, the concept of having a world reserve currency is coming to an end. It's a keynesian invention that is based on a fiat debt based ponzi scheme in the first place. Central banks are the ones at the core of such a reserve currency and they will be gone in the future we're going into. Sure, governments will come up with their new fiat digital fascist currency app, but people are going to reject them. So, will #Bitcoin then be the world reserve currency? No, because there won't be debt nor central banks and thus it fails the definition within that category. Yes, Bitcoin will be used to pay in international trades, other stuff will get priced in Bitcoin and it will be widely adopted and used with other functionalities. The willingless to lend Bitcoin out will be way less than is now the case with fiat money. So yes, the US dollar won't be the world reserve currency anymore. And yes, we're moving into the #Bitcoin standard, but that isn't a world reserve currency. Bitcoin isn't money, it's code that some use like money. 😉

This is hilarious! 🤣🤣🤣

Good morning fellow #Nostriches, What a great day to get up early. I wish You all a great day! 🌞

Don't be fooled! 😉 The belief in the moral legitimacy of authority is the belief in the moral legitimacy of slavery. 

If #Nostr will succeed by getting mass adoption is entirely dependent on the user experience. So developers have a big task there. If the user experience will be slick with the right functions added after some time, expect tons of people moving from other platforms to Nostr. We'll see if it gets there.

An unpopular view on #Nostr : It's still early day's at Nostr, so a lot of developments are done there. The key features on Nostr are that the application is constructed in a decentralised way and #Bitcoin lightning is integrated. Now, developers are adding other functions, specially for the use of Bitcoin. Once setup a LNURL, one can zap eachother Bitcoin. That's usefull. Polls are there and to vote in a poll one has to zap an amount to one option. Participation in an audio group call, named Nests, might required a zap too. And I'm sure that more of these paid functionalities will get added later. I think that this is not a good strategy. Why? Because technology is deflationary. Jeff Booth explained it many times: Over time, the production and use of technology becomes cheaper until eventually it will be free. Participation in polls are free in this world, in fact sometimes they pay You to participate in a poll. Audio group calls with listeners are also free in this world, such as Twitter Spaces, Jitsi, Clubhouse, Mumble and Matrix. And yet, Nostr developers seem to think that developing a paid version of those is necessary. It isn't and because of deflationary technology there will be a moment that nobody will pay for those. Instead of making paid versions of functions that are already free in this world, develop something useful that adds functionality! Cheers! 😉