Damus
rod โœช profile picture
rod โœช
@rod โœช

๐ŸŒ https://rodsx.substack.com

๐ŸŒ [Proton Mail - get yours](https://pr.tn/ref/M0NF9XTX6S70)

"Everything we hear is an opinion, not a fact, everything we see is a perspective, not the truth'"
- Marcus Aurelius -

Relays (3)
  • wss://relay.primal.net/ โ€“ read & write
  • wss://relay.damus.io/ โ€“ read & write
  • wss://xmr.usenostr.org/ โ€“ read & write

Recent Notes

rod โœช profile picture
The follow needs to be large and passionated, we have that in #Bitcoin and to a much less degree in #Nostr,

#Bitcoin have been getting tons of marketing free and paid by OGs for a very long time. This is key.

IMO, we need more marketing in #Nostr and... We need to onboard more aggressively OGs and mega influencers in the Bitcoin industry, Jack Dorsey and Jack Mallers are not enough Why the lack of support?. Now that we (#Bitcoiners) are not demonized any more we need to push for this.


Regarding #Nostr, @nprofile1q... recent post about his vision on where Nostr needs to focus to succeed is most interesting, in a way. I partially agree, IMO, we need a Swiss knife Nostr app, perhaps like Wechat from China without the surveillance features..., X is following that path, I believe we should to, that is what the market wants, doing it differently is cool but success is rarely achieved.

We need a free decentralized platform in which everyone can have free speech, we have the #Bitcoin financial layer to support it, the future is bright, we can build everything on top, with enough founding and the right ideas and following a model that the masses want and will use massively matters.

I would like to see more OGs creating dev support sites with funding options for interesting projects that follow a clear "Build Plan for that Nostr Swiss Knife" in a more decentralized manner, grants from anonymous donors to a non profit organization, currently, IMO, is very narrow and only few players which narrows the development to their vision of the Nostr Ecosystem.
rod โœช profile picture
๐Ÿ‡บ๐Ÿ‡ธ ๐Ÿ“ฐ CORE PCE DATA, BETTER THAN EXPECTED

YoY: 2.8% vs. 2.9% est.
MoM: 0.2%, inline with expectations.

Inflation cooling on trend, bullish for #Bitcoin

#PCE
rod โœช profile picture
#### ๐Ÿ‡ช๐Ÿ‡บ Europe's Living Standards Hit 40-Year Low Versus US

European living standards are currently at their lowest level in over 40 years compared to the US, primarily due to stagnant income growth and rising costs, such as energy bills.

This is measured by Gross Domestic Product (GDP) per capita.

Income and Inflation: The typical adult's income in the EU has not kept pace with inflation, leading to a decline in real purchasing power. Energy costs have surged by approximately 60%.

#EU
rod โœช profile picture
Well said, their business model works, they pray on the ignorance and laziness of most.

In the age of the instant information and cyber crime at its maximum there is no excuse, self hosting your data is only logical, don't be part of a honey pot, governments employ people that could sell your data for a price (happens), wise up.

@nevent1qqs...
rod โœช profile picture
Challenging, we are trained to do the second, specially during conflict, a defensive poature requires quick thinking and fast responses, this is priceless, thanks for sharing โค๏ธ
rod โœช profile picture
๐Ÿ—“๏ธ THIS WEEK, WHAT TO WATCH:

Monday: U.S. ISM Manufacturing PMI

Tuesday: U.S. JOLTS Job Openings

Wednesday: U.S. ADP Employment Report

Thursday' U.S. Jobless Claims & U.S. Productivity and Labor Costs

Friday: U.S. Non-Farm Payrolls, (NFP), U.S. Unemployment Rate & U.S. Average Hourly Earnings

And stay tune to the liquidity game as @nprofile1q... well posted (smart), DCA is great but buying deeps is better.

#Bitcoin
#BTC
rod โœช profile picture
๐Ÿš€ Ending QT tomorrow December 1st halts approx $40 billion per month in total runoff, providing a subtle boost keeping that cash in the system (via reinvestments).

This will ease short term funding stresses (like lower SOFR spreads) instantly, as markets anticipate less reserve pressure.

What does it means for #Bitcoin?
Lower yields on short term Treasuries, potential Bitxoin rally (as seen post-2019 QT end).

rod โœช profile picture
All physical gold is held in dedicated vaults in Switzerland. This includes both XAUโ‚ฎ-backed bars and USDT reserve surplus.
rod โœช profile picture
๐Ÿšจ TETHER JUST BOUGHT 116 TONNES OF GOLD MAKING IT THE LARGEST PRIVATE HOLDER WORLDWIDE

So a token peg to the dollar that does not trust the dollar, ๐Ÿคฃ, got it!

Buy #Bitcoin, stay frosty