Sweet and savory chicken with gochujang carbonara brothy rice There's no such thing as too much of this.

From the Preface to Capital Wars, by Michael Howell. Very adeptly worded, and captures so much of what mainstream economic thought misses. That as economic undertainty rises, rather than jumping off questionable fixed income products and sending yields higher, many market participants reflexively buy more of it, driving yields down, due largely to the role this toxic debt plays as collateral in repo markets. While meanwhile the equity in productive companies drops in a 'flight to safety.' Along with assets with real value propositions, ie, Bitcoin. Low interest rates (at least, on government and associated debt) aren't stimulus; they're a symptom of a flagging economy. And questionable debt instruments are only a 'safe haven' until one realizes they're paying more dearly for their refuge than they realize through debasement. Fortune favors the bold.

@Nunya Bidness This is what you were looking for for the farmer's marker question. If you wanna relay to the person who asked.

Bitcoin Merchant Community

Bitcoin Merchant Community

The Bitcoin Merchant Community is a growing global community of small businesses helping one another defeat 3% credit card fees by accepting bitcoin

It went widespread when Square (Block's POS) started accepting Bitcoin, but it is a separate group. They do have materials about Square for merchants though.

@jack mallers I heard on your show last night about the ACH fraud concerns. Absolutely hear you on that. I won't go into details, but let's just say it's been a WIDESPREAD issue over the past year or two. I am curious though -- do you have the option to publish routing and translated account numbers for push-style ACH payments from the sending bank? Personally I just make use of your (generous) free bank wires, but this might be the happy place for some of your clients who are looking to use ACH without using Plaid.

GM Just had a laugh at a coworker telling me about how Bitcoin was going to zero and pointed at liquidity being "high" thanks to the look of the M2 chart. The domestic one, lol. So, just though I'd send out your reminder that the dollar is as American as beans and toast.

As fun as this clusterfuck of name calling regarding BIP-110 is on Discord right now, I think I've gotta call it a night. At least it was nice to hear from some of the key sources though that we really just do fundamentally disagree on whether or not making data obscure actually meaningfully changes anything about whether or not you're still relaying it around. It is at least interesting to see that the argument is almost entirely Knots vs Knots though. Nice to know Bitcoiners still can enjoy a good digital moshpit with a good few low blows and knuckle dusters in a bear market, even amid the age of the suitcoiners.

@ DagzTagz it's just a coincidence that in assisting a customer at work things are reported one way in one place while history shows things happening a different way, and that I just finished listening to Rabbits this morning, right? Neither my supervisor nor I have a clue what's going on here... It's a good thing I'm sort of mentally stable...