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History of voter turnout in the US:
https://upload.wikimedia.org/wikipedia/commons/thumb/5/5e/US_Vote_for_President_as_Share_of_Population.png/1000px-US_Vote_for_President_as_Share_of_Population.png
Too many people think they have a duty to "stay informed" and "their vote matters". So they spend 100s of hours a year consumed with the current thing just so they can cast their ballot with confidence.
Getting the "correct" group of people into the broken system is not going to make your life any better.
You can improve your own situation 1000x more effectively by ignoring the clown show and focusing on what you can control.
I like both occasionally but I'm not a huge sports fan in general. I have a problem. I can't watch anything that doesn't directly translate into something that builds me up or helps my project move forward. I feel I'm "wasting" my time. I know it's silly, because everyone needs to relax and socialise. I have to work on this. Maybe we can grab a drink at a sports bar together. 🍻
I'm definitely engaging more than lurking nowadays
My zaps have become more thoughtful
I'm earning more sats than before
Opt in SN mini games like a mini million sat madness would be cool, and not as intrusive for some freaks.
They are detained after being caught, during the process they are given a court date for immigration court. With the amount of illegal immigrants the immigration court is back logged so their court date isn’t anytime in the near future, some might even be in a year or two.
Once they receive their court date they are either released and expected to appear to that court date. They are being bused to sanctuary cities where they are dropped off.
The point is they are released and expected to appear to their court date, which doesn’t happen.
Most of newcomers will use of custodial LN wallets. (like it or not ;)
No, I don’t like it. At the same time, I understand what you’re saying is true and there is indeed little I can do to change this fact. But that does not mean I will stop acting like an old man yelling at the clouds. I will continue to try to shit on custodial wallets, and I will keep encouraging self custody solutions.
Just because I can’t change everyone’s mind doesn’t mean I can’t change someone’s mind. If my rants can get just one person to ditch a custodial wallet for a self custody wallet, it would be well worth all the time and effort typing up these rants.
One orange pill at a time; one person at a time.
HAS ANYONE SEEN A COWBOY HAT LAYING AROUND?
Stay away from debt. This is an important rule.
Debt is for slaves. Stop using fiat money in any form or shape.
Simplify your life. Why do you live a complicated life?
Satoshi created Bitcoin EXACTLY to avoid all these practices and make people think and start SAVING MONEY for later, instead of borrowing more than they can afford. Many will say that this is against advancing in technology and building more new stuff. But I am coming and ask: what are you need for your daily life, basics, to live a simple and healthy life? The answer is simple: energy, food, shelter. So why are we not concentrated into that only?
Why do we need 2-3 cars/ family, why do we need 2-3 houses /family, why do we need 2-3 phones/individual, why do we need to buy stuff and food that we really don’t need it and so on…? We are living in a world full of unnecessary stuff, just for the sake of consumerism.
Bitcoin is changing the mentality of consumerism into mentality of savings. Save today for having tomorrow enough to buy the stuff you really need it. Don’t stretch you legs more than the duvet.
This is a special chapter in Bitcoin economy. There’s a lot of controversy about these practices. And all comes from GREED.
Here you have a very good explanation of how this financial market DeFi works, to have a good view about the mechanism.
But let’s dive a bit more into this aspect and see what Bitcoin can do, or is trying to do.
Greed is a characteristic of human behaviour that could not be erradicated, but at least controlled at a low level. Each wo/man have a desire and attraction to “have more”, it is in our genes to desire more even if we can’t afford it with what we have or can do. And this come from long time ago, from the deep human history. But in the last century it was accelerated and even became a “religion”. People will do whatever they can to get more stuff, even no-necessity/util stuff, just hoarding so others don’t. and this greed was creating a huge system of lending/borrowing of money that people do not have and even cannot create, perpetuating a forever debt. Practically we are living in a debt slavery world. People are buying all kind of stuff, with money that they do not have it.
Bitcoin come to fix this paradigm. You cannot spend more bitcoins than you have in your own control. It cannot be created more than 21 Millions. FOREVER.
So what “smart guys” are doing now? EXACTLY what banksters did in the 17th century: offering to those gold owners, a place to deposit their valuable gold coins, into a bank vault, in exchange for a piece of paper, an IOU of x amount of gold. Now they are offering digital platforms for Bitcoin owners, to lend their BTC for a % of interest. But nobody ask: “from where is coming this %of BTC interest, if will not be created more BTC?”.
Michael Saylor say it very clear: he will buy all bitcoins available, will HODL them and later will lend them as collateral to all poor guys that today do not want Bitcoin. In plain sight you have the banksters and billionaires plan: to enslave you again in debt. If you still do not understand that, means that humanity deserve to be forever enslaved by few…
To sustain this aspect, please watch these two amazing videos (one is a Spanish movie about a guy that won the lottery and one is an animated documentary about debt). Both documentaries are a must watch.
Concursante – Spanish movie (EN subs), with a guy that won the lottery but he entered into total debt, just because of the evil system.
The American Dream – animated documentary about how the american dream is actually a debt nightmare.
Here is a bonus: I dare you flyer
And live in the Bitcoin circular economy:
- https://darthcoin.substack.com/p/living-with-bitcoin
- https://darthcoin.substack.com/p/a-bitcoin-adoption-story
- https://darthcoin.substack.com/p/bitcoin-lightning-irl-examples
- https://darthcoin.substack.com/p/pay-bills-with-bitcoin
- https://darthcoin.substack.com/p/be-paid-in-bitcoin-using-bitwage
- https://darthcoin.substack.com/p/21-rules-of-a-bitcoin-maxi
What you see happening with lightning?
ETH will not die from collapse. It will die a slow death. They are running out of narratives to pump it. ETH the asset will likely get some interest as a high beta to Bitcoin play (which is moronic but how the algos currently trade it) but unlikely we will see organic platform growth with the ICO, NFT and Defi bubbles all having popped.
They are between a rock and hard place in terms of staking withdrawals. If they unlock during a bear market the price will collapse but if the bear market is prolonged and they don't unlock they will lose all credibility.
There is also the looming question of regulation. Powerful forces want ETH to be regulated as a commodity by CFTC but the collapse of FTX has shone quite a light on the folks in congress who were being paid off by Sam and other shitcoin promoters to allow the regulatory arbitrage of proof of stake protocols to continue and thrive. It may take years for the SEC vs CFTC oversight debate to play out or it could come swiftly, who knows. Another potential outcome is both bodies would have some regulatory oversight over "crypto" or they create some new regulatory body (bureaucrats love more senseless bureaucracy). Although I would disagree with this, I could see some middle ground where ETH is declared a commodity but staked ETH a security. This seems ridiculous because of unnecessary complexity but that's precisely the type of thing bureaucrats do.
I very much hope this past boom was the final "crypto" bull run. I don't expect it all to go away. Amongst 8 billion people there will be any number of millions of fools, scammers, traders, arbitragers, technologists who will keep the system alive but without the oxygen of mass attention and new entrants the fire is unlikely to spread. Hopefully.
That's my 2 sats.
Happy stacking!
GR