Gonna be fun when gov decrees agents must use stables

But remember, Bitcoin is bad because "volatility"

I couldn't climb a ladder that high in 90 minutes

They didn't want to run custodial lightning and get busted for money transmission.

There will be... no riots

Great article. Well-written and it's great to see non-AI content still being created.

Why does Saylor still conflate "money" and "currency"?

He talks about creating a centrally-issued, trusted, censorable token backed by Bitcoin in a treasury. He calls it "digital money".

That's not money, it's currency.

Next stop: fractional reserves.

He's very smart-- He says things he knows aren't true to get attention. That's why he's "the Guy". You think gold, you think Schiff.

Same technique smarter people (Musk) and dumber people (Trump) use to get attention. It works.

"Ownership" just means a government grants you temporary exclusive access and they will back that privilege with law and violence, in exchange for money. It's a mafia racket outsourcing violence.

It's also ironic because native peoples typically didn't "own" land anyway. I don't know about this particular group, but most native peoples in the Americas didn't have plots that they bought and sold. So now it's only through the introduction of Western property rights that they are even able to make a "legal" claim.

Of course there is no "right" answer here, but typically throughout history when empires conquer by force, they don't later relinquish their plunder out of good will.

Gives a new meaning to "Indian giving"?

West World god dammit

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