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Steve
hey@nostrplebs.com
npub1j06s...cv2n
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Steve 1 year ago
🤣 Ok...GE. 10 days, huh? image
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Steve 1 year ago
That first glass of water int he morning.
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Steve 1 year ago
One of the things that I love about AI for someone who is a serial learner is that anytime I have a question or a curiosity I just simply ask. While I may not be given the right answer every time, I at least have an answer that satisfies my curiosity. And then if I'm still interested I can dig in more and do some more research. AI is really fucking cool.
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Steve 1 year ago
Price controls on food was a huge problem in the past. I'm all for lower prices, but we have to let the market settle that on it's own, and begin accepting that lower prices requires deflation. 1. Ancient Rome - Emperor Diocletian's Edict on Maximum Prices led to severe shortages and black markets. 2. France (French Revolution) - The Law of the Maximum set price limits on food, leading to shortages and black markets. 3. Soviet Union - Price controls were a central feature of the planned economy, often leading to shortages and long lines for basic goods. 4. Zimbabwe - Price controls under the Mugabe regime led to severe shortages and a thriving black market. 5. Venezuela - Price controls have resulted in significant shortages of basic goods, with many items being available only on the black market Why? Shortages: When prices are set below the market equilibrium, demand often exceeds supply, leading to shortages. Black Markets: Price controls often create black markets where goods are sold at higher prices. Reduced Incentive to Produce: Producers may cut back on production if they can’t cover their costs, worsening shortages. Quality Decline: In some cases, producers may lower the quality of goods to maintain profitability under price controls.
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Steve 1 year ago
Are we going to wake up one day and a tech company just leap-frogs everyone else because they have been using a private AGI for product development? I'm ready for my rapid technological progress. 🍿
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Steve 1 year ago
Finding inspiration is so much fun. I go through periods plagued with a lack of motivation, and then something sparks my curiosity. The motivation comes rushing back in just as quickly as it left. I just wish I could sustain it!
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Steve 1 year ago
Don't trade these markets. It's better to be a spectator than a victim.
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Steve 1 year ago
This is not the god candle I was talking about, but I'll gladly take it for more sats. 🫡
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Steve 1 year ago
I have a confession. I was killing it doing some leverage trading for a good while. This last dip rinsed me, but now I understand why. I was neglecting my other projects. I needed a bitch slap ✋ to re-focus. Unfortunately, that means me losing some BTC, but it's a great learning lesson. So back to building on my main business, and continuing my BTC treasury plan with it. I do have this UI for my trading bot that I made. Not sure what to do with it! image
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Steve 1 year ago
So MSTR introduced the term BTC Yield. I don't like it. - It's not yield From what I can tell, it's just saying that they plan to diluate MSTR shares by 4-8% annually to buy Bitcoin, which averages 55% over a 4 year period. We knew this already, right? But why call it "yield"? To lure in tradefi?