Damus

Recent Notes

note12dkp0...
SatScale profile picture
The plan:
Create a problem in each country (not even the same problem. Blackouts in one country, access to healthcare in another country, deadly shootings of atm cash delivery drivers in another…)
then offer the “solution” via digi id / cbdc.
People thankfully buy in - because you have starved them of a service.
Once they accept your “solution” for one service, you have Trojan horsed them and you can use it for everything.

The majority will fall for this
Mike Brock · 158w
Reality is government's should not fear competitive private money like bitcoin, if they're a confident in their state-issued currency. I don't really take a position on the inevitability of the end of...
SatScale profile picture
They don’t allow fully reserved banks because they know that will cause a run on the fractional reserve banks. We will reach a point where enough people equally realise the difference between bitcoin and fiat - only I’m not sure they can truly stop bitcoin
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Mike Brock · 158w
I'm not sure that I agree that the existence of fractional reserve banks are a creature of the state. In fact, it seems to me, that the time preference arbitrage, is a pretty seductive and powerful incentive for fractional reserve banking, even in the purist of unregulated free markets. It also se...
allen · 160w
find me a “conspiracy theory” from 2020-present that turned out not to be 100% true and I’ll find you one astroturfed by the regime.
SatScale profile picture
Indeed.
Saifedean has been saying for a while that a lot of people are going to be economically forced into pods.
Mentions the reasoning towards the end of this:

https://saifedean.com/podcast/157-law-and-order-in-a-free-market-with-edward-stringham

But I say his conspiracy theory is wrong!
Not pods!
Skips!

https://www.youtube.com/watch?v=98ggrHpuYqI
allen · 160w
You have to wonder I guess but that doesn’t seem at all plausible in this case. The only (and correct) lesson anybody is taking is that the state is not only incompetent but very eager to lie to cov...
SatScale profile picture
like all the stuff on the homepage of the bbc.. I take your point.

I operate under the assumption that we are currently asleep at the wheel as a nation on the horror that is “15-minute cities” and all the variations on that theme.
By the end of 2026, we will know, but it will probably be too late.
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