@Storyteller
Bitcoin, python, global macro economics and what is money?
No relay list published yet.
Recent Notes
NOSTR HAS BEEN MY ONLY SOCIAL MEDIA FOR A YEAR NOW AND IT IS FUCKING AWESOME.
WE HAVE MADE INSANE PROGRESS. ONWARD.
Have you left Linkedin? Where do you post your resume? Can it be stored on Nostr?
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💵💵💵💻💻 Fractional reserve banking versus Full reserve banking
Fractional reserve banking = you don’t need to spend any energy to create value
Full reserve banking = you need to spend a lot of energy to create value.
Fractional reserve banking ==> you can create value without spending energy and you can steal all the time people put into creating real stuff.
Full reserve banking ==> you need to spend a lot of energy and you cannot steal people’s time they put in creating real stuff.
It is about stealing your time. It is not about fiat currency.
The fiat currency is just a sleight of hands and sleight of words to disguise what is really happening.
If I can create fiat currency out if thin air and it took you 365 days to build your house, I can steal your 365 days of work. I can steal your TIME.
Time is all you got. Time is the ultimate value.
Fractional reserve banking = you don’t need to spend any energy to create value
Full reserve banking = you need to spend a lot of energy to create value.
Fractional reserve banking ==> you can create value without spending energy and you can steal all the time people put into creating real stuff.
Full reserve banking ==> you need to spend a lot of energy and you cannot steal people’s time they put in creating real stuff.
It is about stealing your time. It is not about fiat currency.
The fiat currency is just a sleight of hands and sleight of words to disguise what is really happening.
If I can create fiat currency out if thin air and it took you 365 days to build your house, I can steal your 365 days of work. I can steal your TIME.
Time is all you got. Time is the ultimate value.
1
Why is the Full Reserve Banking vs Fractional Reserve Banking issue important? Philipp Bagus explains
https://m.primal.net/KZvj.mp4
Fractional reserve banking = you don’t need to spend any energy to create value
Full reserve banking = you need to spend a lot of energy to create value.
Fractional reserve banking ==> you can create value without spending energy and you can steal all the time people put into creating real stuff.
Full reserve banking ==> you need to spend a lot of energy and you cannot steal people’s time they put in creating real stuff.
Full reserve banking = you need to spend a lot of energy to create value.
Fractional reserve banking ==> you can create value without spending energy and you can steal all the time people put into creating real stuff.
Full reserve banking ==> you need to spend a lot of energy and you cannot steal people’s time they put in creating real stuff.
Who’s the unfortunate recipient this time?
The Brazilian people. The dildo came right after a Samba dance
A few days ago I went full Nostr (nothing else) and I feel like I just quit smoking or drinking. There’s something to this
What did you do with your linkedin?
Have you recreated it on Nostr?
Have you recreated it on Nostr?
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Pay attention.
https://video.twimg.com/ext_tw_video/1676686010598694913/pu/vid/1280x720/jGm_4p77R9K0Ik2e.mp4?tag=12
This is a promotion speech. It is already there.