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Recent Notes

TextNow十𝟭𝟳𝟬𝟳𝟯𝟮𝟵𝟴𝟱𝟳𝟱 · 78w
There is no indication that such an event is currently in the works. Additionally, any potential merger between the two companies would likely face significant regulatory scrutiny.
Wallingford profile picture
That's too bad. Integration on the merchant side would be a rich vein to mine, too, especially given the differential in Amex card fees. The risk is potentially reducing their swipe fees, but I don't see that as big threat. People can use visa anyway. But presenting a lower-cost merchant option, with a relatively distinct customer profile, alongside Amex as a pitch to merchants may open doors
Wallingford profile picture
Doesn't a Block/Amex merger seem too obvious? Amex has the network, the balance sheet, the user base, the regulatory expertise and licenses throughout the world. Block has the demographics, the tech on Bitcoin/lightening, the narrative, the ability to offer CC rewards in a differentiated way. @jack ?
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TextNow十𝟭𝟳𝟬𝟳𝟯𝟮𝟵𝟴𝟱𝟳𝟱 · 78w
There is no indication that such an event is currently in the works. Additionally, any potential merger between the two companies would likely face significant regulatory scrutiny.
Lyn Alden · 78w
One of the big macro questions is when will the US banking system run into the liquidity floor, requiring the Fed to end quantitative tightening? Due to current regulations and the "ample reserve" reg...
Wallingford profile picture
This is probably a dumb question, but I'm trying to grasp the mechanics. Why were larger banks hit harder in 2019? Higher rates drive down bond values, but that reduces the denominator. Was it primarily variance in assets between the two classes of banks? That's the story told for the recent regional crisis.
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jack mallers · 79w
ETH/BTC is the heartbeat of shitcoins. what’s the verdict, doc? https://m.primal.net/KQho.png
Wallingford profile picture
Is it objectively worse than any other altcoin? I don't know. If it died tomorrow, would the space be better with BNB or whatever as the "next Bitcoin"? Maybe it's actually good for hard money and the development of sufficient network effects for Bitcoin because it's a honeypot for all the bad ideas. Saylor says there's "no second best" but that's just hyperbole. If there was a coin/network, not as flawed as Eth, that was 90% as "good" as Bitcoin, say, it would be less of a shitcoin than Eth, sure, but would probably set back the movement for money separate from government, primarily by lessening or delaying network effects. Maybe bitcoiners should be happy letting ETH play the Washington Generals here.
free.man · 79w
I'll send this to you too, if you happen to understand spanish this video is pretty good: https://www.youtube.com/watch?v=MyS2bGBer6Q
HODL · 79w
Something is making Americans fat as fuck. Basically the theory is that pufa’s (seed oils) are dirty food (industrial sludge, non ancestral) which turn into dirty fuel when utilized for fat burn in the body. This produces unpleasant and negative feelings in the body and emotionally when fat sto...
Choke · 79w
https://www.youtube.com/watch?v=9E1rNCSqOr4
Choke · 79w
https://image.nostr.build/a2a40a0140489a7ff6d5c5475d5fafb91a426404fc7f4a51dbba50b674f3e747.jpg