Damus
The Fockin’ Fury profile picture
The Fockin’ Fury
@TheFockinFury

Web2 product guy since 2011. Bitcoin holder since 2017. Node runner since 2020. Recovering NFT degenerate since 2022. Relayer since 2023.

Relays (13)
  • wss://relay.nostrplebs.com – read & write
  • wss://relay.nostr.band – read & write
  • wss://pay.thefockinfury.wtf/nostrrelay/1 – read & write
  • wss://relay.mostr.pub – read & write
  • wss://relay.getalby.com/v1 – read & write
  • wss://nostr.land – read & write
  • wss://eden.nostr.land – read & write
  • wss://feeds.nostr.band/popular – read & write
  • wss://relay.damus.io – read & write
  • wss://nos.lol – read & write
  • wss://nostr.wine – read & write
  • wss://filter.nostr.wine/npub15akupx5vysmuprv335yfd34ppnpz5h48gvu6pyj3whddecwf2z8s9vds8f?broadcast=true – read & write
  • ws://umbrel.local:4848 – read & write

Recent Notes

note1cpjhf...
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Trump is oddly friendly with our adversaries. He’s throwing long standing allies and trading partners under the bus and giving Russia, a regional menace and a state that isn’t friendly to the US and hasn’t been for decades, exactly what it wants. You can talk about peace all you want but this is bad for American interests. Whatever Ukrainian blood minerals are in it for us are worth far less than our alliances and global standing. Absolutely piss poor foreign policy on the part of the Trump administration.
The Fockin’ Fury profile picture
Threads is so wack. I’ve had my account for two days and I’ve had my account suspended twice. Not even saying hateful shit or anything. Maybe trolling a few MAGA types but whatever. Damn those guys are tightwads.
note1d3fnk...
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🤝

Btw I’m not dismissing your argument at all. After all, I, too am a bitcoiner, so at the very least I take interest in commodity-backed currency. It’s just hard for me to accept Austrian economics and anarcho-capitalism at face value without a healthy dose of skepticism, since we haven’t really seen those things work in modern history. Still, I’ll read the paper you shared
note1cwr0g...
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Nah, inflation does erode un-invested wealth over the years, but it doesn’t evaporate the $30 in a poor person’s pocket faster than they can spend it. Poor people don’t earn enough to accumulate any wealth therefore inflation doesn’t make them poor. The issue is that too many jobs don’t pay living wages or provide adequate benefits.

Yes, inflation does increase the cost of living over time so in that way it’s part of the problem. But imo the real problem is a distorted labor market.
note1g4yk9...
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I think the issue is that not enough people can provide enough for themselves to live. We see this today with the number of people living below the poverty line. The wealth gap is too high and, without government intervention, the jobs that people have access to don’t pay well enough for these people to be able to provide food for their families, let alone medical care, let alone a secure retirement. If free market capitalism was working so well, why are we seeing this?