pull down to refresh
7 sats \ 2 replies \ @kosmos 26 Jun \ on: Lloyd Pye - Everything You Know Is Wrong (2013) aliens_and_UFOs
next thing I like to hear is something about a flat earth - are you all retarded?
50 sats \ 0 replies \ @kosmos 25 Feb \ parent \ on: Generate income with idle bitcoin? Personal_Finance
Selling liquidity on JoinMarket
the reason for yield is risk.
JoinMarket is a hot wallet - and your "yield" will be way under 0.2% annual.
But you will be helping to restore the fungibility. Without fungibility, your bitcoin will be worthless in the long run.
This sound to me like - you approve the action in the Ukraine.
And all the pro Putin propaganda - its terrible for me and all the people involved in this mess. And yes Putin and Russia is to blame for it - there is no way around that.
oooooor... russia is in fact in preparation for invading/attacking some parts of europe - and he will claim self defence.
As close as I life to the border - the scenario of a russian attack is real.
There is no fear-mongering.
Look what Putin is doing to the Ukraine - its not the other way around!
This is by design - Why the hell do people complain about it?
Subsidy goes down - fee goes up.
Otherwise bitcoin will die.
The outspoken figures in the realm of Bitcoin often lack substantial knowledge. A significant portion of them seems woefully uninformed, which can be quite frustrating. It bewilders me. It would be more beneficial if they approached the subject with humility and cultivated a more critical mindset.
Fortunately, there are others who, though less vocal, possess a profound understanding of Bitcoin. They are the unsung heroes, the silent intellects, without whom Bitcoin would be adrift. Gratitude is owed to these insightful individuals for their contributions to maintaining the integrity of Bitcoin.
its more funny but also true:
Did you hear about Timothy Dexter?
#262497
Did you hear about Timothy Dexter !
This is wilde story - the luckiest dumb person
Or how to sell winter gloves in the Caribbean and make a fortune.
1. Buying all the worthless Continental Currency
In 1775, the 13 American colonies went to war with the UK. To fund the war, American Congress started printing “Continental Currency.” But they overprinted it. To the tune of $241 million! The currency flooded the market and became all but worthless. No one would accept it. When the war veterans started coming back, American colonies paid them in the worthless Continental currency. And the veterans found themselves destitute.
To help the veterans out, leaders like John Hancock asked people to start buying the currency. And they themselves bought a little bit too. But almost no one else did. No one else except our Dexter.
Timothy Dexter not only spent all his money buying the Continental currency, but spent his wife’s fortune too. Why? Because a great person like John Hancock supported it.
The currency remained worthless. But in 1788, after ratifying the US constitution, the Congress declared that they would buy back these old Continental Currency at 1% of their value. Dexter, who had bought it at a much much cheaper rate, suddenly found he was rich beyond his wildest dreams!
He bought 2 shipping vessels with his profits and bought a mansion and moved to a place where rich folks lived.
2. Shipping warming pans to one of the hottest regions.
Figuring out that Dexter would do anything to gain his peers’ acceptance, one of his rich neighbours recommended that Dexter should ship warming pans in the West Indies and sell them there. West Indies is hot and humid. Why would anyone need pans that were used to warm beds in the winter? But yet they did! The West Indians found that these pans made great tools to stir molasses. The sugar plantation owners bought all the pans for 79% higher price!
3. Lets try that again!
The same trick was tried again, and this time Dexter shipped winter woolen gloves to equatorial Polynesian islands. And again luck helped him out. When Dexter’s ship landed in hot Polynesia, they were just in time to sell all their gloves to a Portuguese ship sailing to Siberia!
4. Shipping coal to the leading producers of coal in the world
Someone else tried to take advantage of Dexter’s naivety again. And told him he should sell coal to Newcastle. Unknown to Dexter, Newcastle was one of the leading producers of coal in the world at that time! But luckily for Dexter, when his ships landed there, there was a strike at the coal mines! Newcastle factories bought his coal at a premium!
The story goes on and on - and Dexter get richer and richer...
Action Summary:
- Do things that no one else does. Because your goal is to be correct when no one else is.
- Build the mental strength to be a contrarian.
in Conclusion: Buy Bitcoin
kind of - the rule of the game should be equal.
Example:
- For Advertisers they can put up a amount they are willing to pay und the stacker can them "punish" till they running out of sats.
- if you like to get on top - there should be a price/risk. You can use it instead of the boost.
- And the conspiracy theorist get a special place in my heart ...