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0 sats \ 0 replies \ @Solomonsatoshi 4h \ on: Pound struggles as investors flock to safe havens econ
What can you make without rare earths?
Silence.
Contest of ideas is fundamental to freedom, democracy, science and open informed markets.
Debate should/must always be in public forums and so we can all observe and make our own judgements upon the contesting arguments put forward.
Anything else is fascism/autocracy, and, fuck that.
Many Asian nations at least have quite open and free gold markets- this keeps their often corrupt governments somewhat in check and limits the debasement that they can load upon citizens.
Recently in Thailand there have been queues to take out fiat from the bank and buy gold.
Banks have limited daily withdrawals of fiat.
Gold shops have had to delay delivery of the gold as demand is so high.
Gold and Bitcoin provide some healthy and much needed competition with fiat money.
Nothing stops this train.
The best things in life are not easy.
Never give up, and always listen to dad.
I just zapped you some sats because you have added value to the community.
V4V!
Stick around and watch the fireworks as contests of ideas and free speech do their stuff.
No- it is a symbiotic relationship.
Like Algae.
Like life.
Like DN fucking A
'Living organisms have never been solitary individuals and symbiotic relationships are challenging our very conception of the individual. Symbiosis, initially defined as a living together of different organisms (De Bary, 1879; Raval et al., 2022) represents a range of complex and intermingled relationships (mutualism, commensalism amensalism and parasitism). Although actively debated with numerous theories on the origin of eukaryotes, it is widely accepted that a metabolic symbiosis and successive endosymbioses were important in the evolution of eukaryotes and their diversification (Hartman and Fedorov, 2002; Sapp, 2004; Embley and Martin, 2006; Cenci et al., 2017; Sibbald and Archibald, 2020; Gabaldon, 2021). Thus, symbiosis conceptually challenges our view of the processes of evolution, beyond mutation, recombination and natural selection (Margulis and Fester, 1991). The most studied symbioses involve complex eukaryotes and microorganisms in both terrestrial and aquatic habitats (Bais et al., 2006; The Human Microbiome Project Consortium, 2012; Blackall LLW, 2015), but a growing number of studies reveal ubiquitous symbioses among microscopic life forms (Decelle et al., 2012; Foster and Zehr, 2019). With its diversity and outcomes combining metabolic capabilities of interacting partners, symbiosis is recognized as the most important evolutionary process that has allowed the appearance of new genomes/species throughout the history of life on Earth (Kiers and West, 2015; O’Malley, 2015).
Some symbioses are key to the existence of entire ecosystems such as the interactions underpinning the success of coral reefs, the cnidarian-algae mutualism that provide habitat for roughly one fourth of all marine life (Blackall LLW, 2015; Frankowiak et al., 2016). In this symbiosis, metabolites from the animal host (corals, sea anemones, jellyfish, and hydrocorals) are exchanged for microalgal exudates (Davy et al., 2012). Another symbiotic interaction that deserves greater attention in microbial networks is between parasitic fungi and phytoplankton as it has a significant impact on ecosystem functioning. These symbiotic interactions cause the transfer of photosynthetic carbon to infecting fungi and the stimulation of bacterial colonization on phytoplankton cells, altering ultimately bacterial community composition and subsequently carbon flow (Tourneroche et al., 2019; Klawonn et al., 2021). Although artificial, a beneficial symbiotic interaction was reported between the freshwater chlorophyte, Chlamydomonas reinhardtii and diverse ascomycete fungi that provide nitrogen to the algae (Simon et al., 2017). Recently, similar artificial symbiosis was reported in the marine microalgae Nannochloropsis oceanica and a terrestrial fungus, Mortierella elongate. Here, an unusual interaction takes place as functional algal cells are included within fungal mycelium, while in all known algae-fungus interactions, the algal cells remained external to fungal hyphae (Du et al., 2018; Du et al., 2019). This study showed the stability of the interaction with a bidirectional exchange of nutrients suggesting this could be the beginning of an endosymbiogenesis within eukaryotes.
Despite this recent recognition and striking importance, symbiosis received less attention compared to other fields of investigation and remains largely unexplored in particular in aquatic biota where the nature of the environment, fluid, represents an additional challenge. The advent of symbiosis as a critical area of research is challenged by the difficulties in maintaining symbiotic partners/holobiont alive in lab cultures, in particular for obligate interactions when both partners are dependent on each other for survival. Often, commonly used culturing techniques are not suitable to species in symbiotic relationships. The lack of knowledge about their genome background and metabolic capabilities, to predict their nutrient requirements and culture conditions, hinders the progress in this field. However, recent and rapid advances in whole genome sequencing of either individual species and/or meta-communities helped to overcome some of these bottlenecks, using data mining for designing custom based media that fulfill the needs of symbiotic organisms (Leon et al., 2014; Jaswal et al., 2019; Lugli et al., 2019). Another fundamental boost is undoubtedly the existence of established model organisms that open up novel avenues of investigations, which would otherwise be impossible or at least difficult to achieve. A recent study that used both metagenomics sequencing and a model species, the diatom Phaeodactylum tricornutum, successfully identified an overlooked symbiosis between microalgae and non-cyanobacteria diazotrophs (NCDs) which challenges the long-held paradigm of dominance of cyanobacteria interactions with microalgae over NCDs and brings the first hints on how heterotrophic proteobacteria thrive in surface waters and oxygenated areas (Chandola et al., 2022).'
Biology is the basis of economics.
I agree with you up to a certain point.
Yes, fiat tends strongly toward debasement as the privileged operators (bankers and governments) can and do almost always abuse this privilege they possess of leveraging the savings of all their captive citizens.
But as you acknowledge there are multiple factors involved in hegemony- hegemony gives you advantage- you can set the terms of trade, you can force all other nations to denominate trade payments in your currency or risk sanctions, you can do a whole fuck of a lot of market rigging BS when you enjoy hegemony over other nations- and they all do it!
So in the real world power and wealth is not distributed in a fair and free market- it is to a large extent distributed via dictates issued and applied by the dominant power.
Military force or the threat of it over rides pure free market mechanisms.
In this real world where nation state power projection is at least as important as free market forces fiat money bolsters a nation state power projection capacity and as a result bolsters the wealth and security of its citizens.
Not to say I do not love the ethics and fairness implicit in Bitcoin- but to acknowledge DNA and survival of the fittest is a fucking ruthless imperative...and its the one we are dealing with.
Can Bitcoin fix this?
The honest answer can only be a hopeful and optimistic, maybe.
Can't follow your logic...because there is none.
You do not support your assertion with evidence or logical argument.
You assert that Bitcoin MoE must inevitably result in superior economic performance and yet the global fiat debt slavery extraordinary privilege exercised by the USA has supported and extended its empire, power, hegemony and wealth for many decades compared to if it had reamined on even a nominal gold standard as was the case until 1971.
Please explain how BTC MoE must inevitably result in stronger economy- but I am assert that you simply cannot do that.
Had to duckduckgo to learn what LLMs are!
Never use Google.
Maybe I missed something but we all make choices to some extent...while to some extent algorithms are increasingly powerful...we can choose to some extent too...even if the algorithms know most people are lazy sheep.
Thank god for linux and Bitcoin.
Imo AI is somewhat over hyped but time will tell.
How then will you connect your citadel to the web?
Myanmar is now increasingly under Chinese control btw...as are Cambodia and Laos.
True and full sovereignty is very rare and difficult...because humans naturally compete for resources in groups.
'Luther was not alone in the sixteenth century in grounding his opposition to usury on the Gospels. Indeed, the following was reaffirmed at the Fifth Lateran Council (1512–1517) in the context of formally condoning montes pietatis, institutions led by Franciscans that lent to the poor at very low interest rates upon the security of pawned goods: “Our Lord, according to the testimony of Luke the evangelist, has bound us by a clear command that we must not expect to receive back anything beyond the principal when we grant a loan. For that is the proper definition of usury: namely, when one seeks to acquire gain or profit from a thing which produces nothing—without labor, without cost, and without risk.” (Note: these institutions, called “mounts of piety,” were originally established to protect the poor from exploitation by usurers outside the church who charged extortionate rates, and they permitted a modicum of interest solely to defray the cost of maintaining the institutions themselves. Conceived as a reform of lending practices, their guiding principle remained the welfare of the borrower rather than the profit of the lender. In continuity with earlier councils, this council likewise maintained the prohibition against profiting from interest and based this prohibition on both the Old and New Testaments. And even within its decrees, institutions were encouraged to lend entirely gratis, as this was acknowledged as more consistent with the Gospel—a practice made possible in some cases through charitable endowments. Yet for all their apparent good intentions, such institutions arguably opened the floodgates to usury and laid the groundwork for the eventual normalization of usury within the Roman church.) '
Usury is also prohibited under Christian doctrine both old and new testaments but that's been obfuscated and avoided as Jewish bankers have come to own our governments and narratives...
Yes all true and tragic as it is, they still have a near monopoly over MoE global acceptance.
Because the fiat debt slavery bankers cartel own the governments.
Very few businesses/retailers accept Bitcoin.
In most of the world Bitcoin is banned for payments.
Even in the so called liberal western democracies BTC MoE is so obstructed that few businesses dare accept Bitcoin as a payment option.
This is the problem.
The bankers own the governments.
We cannot all live in a sackcloth Bitcoin citadel eating berries and game.
Afghanistan has been attacked by various great empires for centuries...going back to the British.
All have ultimately failed.
One of the worlds materially poorest nations eventually defeated them all.
British, Soviets and USA.
For decades before US invaded USSR had tried to force its agenda upon Afghanistan.
Any nation exposed to such repeated and brutal external aggression will revert to the most reactionary forms of its culture.
Left alone over time it might heal.
Some chance of that, given Afghanistans strategic location and vast untapped natural resources...and proximity to China.
Teach them how to build their own.
Also teach them how to use Linux.
Teach them how to be truly in control instead of being passive consumers reliant all their lives upon third party HWs.
We could put up a market on predyx and punt on what might happen and when.
Afterall economic prognostications can be both fun and informative.
A correction in house prices is very likely now.
The culture of debt slavery has become parasitic - destroying the host.
The debt burden is now unsustainable.
The whole system probably needs to collapse and be rebuilt from the ground up.
Bitcoin is a model for how things could be rethought and rebuilt.
Have not but see it is on pirate bay...ebook and audio.
Might have a look.
Sounds like a fairly dark thesis though I'm not religious.
Friend of the Devil is good though
Well said.
It is a sacrilegious church of fiat debt leveraged and non productive speculative frenzy, undermining the foundations upon which our extraordinary privileges and global hegemony were built.
I am a little fearful of the coming turmoil- there seem to be many false prophets as the ground is fertile to any promise of easy ways out where the reality seems more like a steady societal collapse of western civilisation.
Perhaps from the rubble better things can be built.
Bitcoin shows a blueprint/model for how it might be possible.