@Nicholas
Relays (5)
- wss://relay.primal.net – read & write
- wss://nos.lol – read & write
- wss://relay.farscapian.com – read & write
- wss://relay.oke.minds.io/nostr/v1/ws – read & write
- wss://relay.utxo.one – read & write
Recent Notes
https://dailycoin.com/tether-faces-allegations-of-being-a-bigger-scam-than-ftx/?
Wouldn't it be quite difficult to "hide" $118Bn of assets that supposedly back Tether?
I, for one, find it difficult to move a couple of thousand dollars without being questioned.
A problem is even if they did have $118Bn bank deposits, their bank could fail. Concern over USDC's bank failing caused them to de-peg. There isn't a sure way to peg a stable coin. Each comes with it's own liquidity risk.
That is why Bitgold was experimental, where Bitcoin is the real thing.
I, for one, find it difficult to move a couple of thousand dollars without being questioned.
A problem is even if they did have $118Bn bank deposits, their bank could fail. Concern over USDC's bank failing caused them to de-peg. There isn't a sure way to peg a stable coin. Each comes with it's own liquidity risk.
That is why Bitgold was experimental, where Bitcoin is the real thing.
Show me the incentive and I’ll show you the outcome.
When you consider Schiffy’s incentives it becomes clear why he has BDS - he wants gold to pump for his heavy bags and is too committed to the ...
Even if Bitcoin were to reach astronomical valuations or become more widely used for everyday transactions, Schiff has stated that he would still not consider himself wrong. This stubborn stance has raised questions about his motivations and whether his criticism is based on sound financial analysis or personal biases.
Schiff's appearances on shows and interviews often involve shouting over others, which can detract from the quality of the discussion. In a recent discussion, young @jack mallers called him out asking "who is the adult in the room?" Some argue that his disruptive behavior should disqualify him from being given a serious platform.
Schiff's appearances on shows and interviews often involve shouting over others, which can detract from the quality of the discussion. In a recent discussion, young @jack mallers called him out asking "who is the adult in the room?" Some argue that his disruptive behavior should disqualify him from being given a serious platform.
I don’t know this man so-
everyone is entitled to his own opinion. So he can say what he wants. And the ones who listened to his instructions? They didn't know how to make up their own minds, so not...
I listened to him intently in the 2005-13 time frame. He talked a lot of sense. I took his words with some weight.
He made an amazing speech at the American Mortgage association. This led to many "Peter Schiff was right" videos. He was riding high.
Nevertheless, I did buy a little Bitcoin, but perhaps with much more trepidation than I would otherwise.
It's a shame that Schiff's legacy is now so closely tied to his Bitcoin criticism. If he had simply acknowledged the potential of Bitcoin and focused on other areas of his expertise, he might have maintained his reputation as a financial visionary
He made an amazing speech at the American Mortgage association. This led to many "Peter Schiff was right" videos. He was riding high.
Nevertheless, I did buy a little Bitcoin, but perhaps with much more trepidation than I would otherwise.
It's a shame that Schiff's legacy is now so closely tied to his Bitcoin criticism. If he had simply acknowledged the potential of Bitcoin and focused on other areas of his expertise, he might have maintained his reputation as a financial visionary
1
Peter Schiff's Bitcoin Bet: A Legacy Lost?
Peter Schiff, once hailed as a financial prophet for his accurate prediction of the 2008 financial crisis, has made a significant gamble on Bitcoin. His unwavering criticism of the digital asset, labeling it as a "bubble" and "Tulip Mania," has become a defining feature of his recent career.
While Schiff's initial concerns about Bitcoin's volatility and lack of intrinsic value were understandable, his continued insistence on its failure, even as Bitcoin has seen unprecedented growth, has raised eyebrows among investors and analysts.
Many individuals who listened to Schiff's advice in the early days of Bitcoin have missed out on one of the most dramatic monetisations of an asset in history. His persistent criticism of Bitcoin could ultimately have negative consequences for his legacy.
Questions for Discussion:
Do you think Schiff's criticism of Bitcoin is justified, or has he simply missed the mark?
How might Schiff's Bitcoin stance impact his long-term reputation as a financial expert?
Could Schiff's continued criticism of Bitcoin be a sign of a changing financial landscape - one in which he has been left behind?
#Bitcoin #PeterSchiff #FinancialCrisis #DigitalAsset #Investment #Legacy
Peter Schiff, once hailed as a financial prophet for his accurate prediction of the 2008 financial crisis, has made a significant gamble on Bitcoin. His unwavering criticism of the digital asset, labeling it as a "bubble" and "Tulip Mania," has become a defining feature of his recent career.
While Schiff's initial concerns about Bitcoin's volatility and lack of intrinsic value were understandable, his continued insistence on its failure, even as Bitcoin has seen unprecedented growth, has raised eyebrows among investors and analysts.
Many individuals who listened to Schiff's advice in the early days of Bitcoin have missed out on one of the most dramatic monetisations of an asset in history. His persistent criticism of Bitcoin could ultimately have negative consequences for his legacy.
Questions for Discussion:
Do you think Schiff's criticism of Bitcoin is justified, or has he simply missed the mark?
How might Schiff's Bitcoin stance impact his long-term reputation as a financial expert?
Could Schiff's continued criticism of Bitcoin be a sign of a changing financial landscape - one in which he has been left behind?
#Bitcoin #PeterSchiff #FinancialCrisis #DigitalAsset #Investment #Legacy
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I've been watching a debate between Peter Schiff and Raoul Pal, along with a similar one featuring Jack Mallers @jack mallers . It seems to me that Schiff's arguments can be dismantled point by point, but they rarely are in these discussions.
Would it be helpful if I created a Peter Schiff argument crib-sheet for anyone preparing to engage with him in interviews?
My only hesitation is that he'll likely just produce more fluff, as he has with his current baseless arguments.
https://www.youtube.com/watch?v=xfHCly1ZCQ0
Would it be helpful if I created a Peter Schiff argument crib-sheet for anyone preparing to engage with him in interviews?
My only hesitation is that he'll likely just produce more fluff, as he has with his current baseless arguments.
https://www.youtube.com/watch?v=xfHCly1ZCQ0
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hey nostr:npub1nlch0l8fj86x4ew2f5kxdn4q3vwmprkz0v7hsm9vcry62xee683qmqq7ay I think, by mistake, you set your nostr client to zap continuously this note.
Man... no need to stream sats to me for this. H...
Thanks for the heads up. To help adoption, I have been generously zapping, but it seems it might be repeating the same posts.
Enjoy your sats!
Enjoy your sats!
Why do most altcoins lose value relative to #Bitcoin, even when the total relative market cap of alts seems stable? It’s a zero-sum game in a crowded space...
The #crypto market is highly competitive, and the rankings of altcoins are constantly shifting. But there’s more going on than just price volatility—there’s a deeper structural issue.
In a 'zero-sum competition within limited market windows,' gains for one coin must come at the expense of another. The total value in the altcoin window is finite. When one altcoin rises, others fall.
Take #Ethereum, BSC, #Solana, and #Ripple—top altcoins by market cap. If a new coin like #Ton rises and overtakes BSC, it does so by taking market cap away from others. Rankings shift, but total value in the window tends to stay stable.
This means investing in altcoins isn’t just about price—it’s about surviving in a market where new entrants can erode the value of existing coins, even when the overall market cap looks healthy.
The real takeaway? As new coins rise, older coins fall in rank and value relative to #Bitcoin. Understanding this 'zero-sum competition' is key to navigating the altcoin market.
Will the altcoin market ever break out of this zero-sum dynamic? Or is it a permanent feature? Share your thoughts below 👇
The #crypto market is highly competitive, and the rankings of altcoins are constantly shifting. But there’s more going on than just price volatility—there’s a deeper structural issue.
In a 'zero-sum competition within limited market windows,' gains for one coin must come at the expense of another. The total value in the altcoin window is finite. When one altcoin rises, others fall.
Take #Ethereum, BSC, #Solana, and #Ripple—top altcoins by market cap. If a new coin like #Ton rises and overtakes BSC, it does so by taking market cap away from others. Rankings shift, but total value in the window tends to stay stable.
This means investing in altcoins isn’t just about price—it’s about surviving in a market where new entrants can erode the value of existing coins, even when the overall market cap looks healthy.
The real takeaway? As new coins rise, older coins fall in rank and value relative to #Bitcoin. Understanding this 'zero-sum competition' is key to navigating the altcoin market.
Will the altcoin market ever break out of this zero-sum dynamic? Or is it a permanent feature? Share your thoughts below 👇
1❤️1
There's a great documentary I saw at the Vancouver International Film Festival entitled: The Killings of Tony Blair. It was produced by George Galloway who was in attendance at the first screening.
...
I believe Robin Cook was justified in resigning his Cabinet post under Tony Blair; he was on the right lines. A political party is a complex machine, composed of councillors, activists, MPs, and ordinary members. I hold that everyone who willingly participated in keeping the party machine running under Blair, while aware of his actions, shares some moral culpability.
However, I would exclude Jeremy Corbyn from such culpability; he consistently used his position to speak out in the strongest possible terms against Blair. Incidentally, Corbyn received more general election votes than Starmer. While I am politically a very long way from Corbyn and disagree with most of his social and economic policies, I recognise his basic integrity--something that seems lacking in the post-Blair era.
Labour has yet to genuinely become heirs to government; they are where they are today largely due to the failures of the 'Conservatives', whose name is unearned, as it no longer represents their behaviour, only their rhetoric.
However, I would exclude Jeremy Corbyn from such culpability; he consistently used his position to speak out in the strongest possible terms against Blair. Incidentally, Corbyn received more general election votes than Starmer. While I am politically a very long way from Corbyn and disagree with most of his social and economic policies, I recognise his basic integrity--something that seems lacking in the post-Blair era.
Labour has yet to genuinely become heirs to government; they are where they are today largely due to the failures of the 'Conservatives', whose name is unearned, as it no longer represents their behaviour, only their rhetoric.