louloulou

6 ms·

1.
by louloulou 1y ago
Problem. Reaction. Solution.
2.
by louloulou 1y ago
I think the establishment's actions are what's driving anti-establishment sentiment.
3.
by louloulou 3y ago
> It's no longer between two parties (a consumer and a merchant) A cash transaction is between 2 parties. A debit card transaction is between 5: consumer, consumer's bank, merchant, merchant's bank, payment network/ca
4.
by louloulou 3y ago
You are using Mastercard's payment network whenever you pay for something. They see and record all your transactions. Mastercard is the entity informing your bank to pay the merchant's bank.
5.
by louloulou 3y ago
But they don't know it's hopeless to try and ban mathematics? I'm not convinced.
6.
by louloulou 3y ago
https://grapheneos.org/ https://calyxos.org/
7.
by louloulou 3y ago
Might as well start mining some bitcoin while you wait for storage
8.
by louloulou 3y ago
I agree, but I don't think that's a good example. The only reason for the existence of a bank password is to enable private interactions between yourself and the bank (and the government through their financial surveillance). A be
9.
by louloulou 3y ago
"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy. A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to kno
10.
by louloulou 3y ago
Canada has the same shit, NZ too.
11.
Money printing by Fed,ECB,BoJ since 2007 [pdf](yardeni.com)
1 points by louloulou 3y ago|0 comments
12.
by louloulou 3y ago
Also what languages are you focusing on for the training? How will this not result in massive political arguments about where resources are spent.
13.
by louloulou 3y ago
Except particle physics - which I guess is why they are trying to sell it this way.
14.
by louloulou 4y ago
It is backed by nothing and that's ok. It's a money, it doesn't need to be "backed". Gold is not "backed" by anything, the notion doesn't even make sense. Backing implies a debt or a promise to conver
15.
by louloulou 4y ago
> most 'basic' toothpastes for 100ml for £1, which I don't think is much of a rise on what it's been for the last few years (I think I used to get 125ml for that price). Going from 125mL to 100mL for the same price =&
16.
by louloulou 4y ago
Sure, the monetary&banking system today is a corrupt clusterfuck that will inevitably collapse under the weight of all the unproductive debt that's built up. That's why I'm a bitcoiner.
17.
by louloulou 4y ago
They're not shareholders, they are creditors, by definition. That's why bank statements have a little "CR" next to the balances. In a bankruptcy, shareholders get wiped out first, then creditors start taking haircuts...
18.
by louloulou 4y ago
> the company I work for should lose most of its money because our CEO used a well-reputed bank Why should I lose my money because I bought the stock of "a well-reputed bank"?
19.
by louloulou 4y ago
> Banks that may be otherwise solvent may become insolvent because of a domino risk of bank runs. That to me implies the bank was never solvent in the first place. You could have easily created a bank that is always solvent, see the cas
20.
by louloulou 4y ago
> A peg only lasts as long as you have the currency to keep paying at that rate. This logic applies to all bank deposits as well. SV Bank deposits were pegged to USD at a 1:1 ratio, they just broke the peg. People don't seem to re
21.
by louloulou 4y ago
No one is showing up at a bank and depositing $1M of physical cash (except maybe Mexican drug cartels). That $1M you're depositing is presumably the liability of another bank .
22.
by louloulou 4y ago
and then can just switch to tor next anyway
23.
by louloulou 4y ago
Does this mean I could use a bitcoin hardware wallet to store my nostr keys and sign my posts?
24.
by louloulou 4y ago
they should just mine bitcoin with it
25.
by louloulou 4y ago
Why would you not get a free EU passport if you could?
26.
by louloulou 4y ago
If it's even true. Seems more likely that his twitter account was compromised than his bitcoins.
27.
by louloulou 4y ago
Bitcoin is a money, Ethereum is becoming a Rube Goldberg machine to obfuscate the fact that it was issued as a security - where the issuers were paid WITH MONEY.
28.
by louloulou 4y ago
lol, nostr? There are like 20 people on that, it's still just an experiment.
29.
by louloulou 4y ago
Yeah, she didn't really pick up the torch with the same flare https://twitter.com/dergigi/status/1597721460784582657
30.
by louloulou 4y ago
I would say it's because he "donated" a bunch of money directly to said media organizations. Also, probably taking cues from the self-serving VC blow jobs: https://web.archive.org/web/20221027180943/

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