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Streams incidentally de-risk financial relations by affording information, continuously signalling payer solvency.
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Amethyst Wizard retweeted
Over the past half century, stocks have not risen when measured in real money.
Stocks appear to be rising—society appears to be getting wealthier—because the denominator in which their prices are measured (fiat USD) is continually debased.
Price is going up because the money in which it's measured is dying.
Arguably the greatest illusion in modern society.
And one of the largest contributors to wealth disparity... for the wealthy on average benefit from this phenomenon, while the poor and middle class remain neutral or are harmed.
The great promise of Bitcoin—its great and noble ambition—is that, some years from now, it will perhaps have healed the institution of money in our civilization.
Stocks appear to be rising—society appears to be getting wealthier—because the denominator in which their prices are measured (fiat USD) is continually debased.
Price is going up because the money in which it's measured is dying.
Arguably the greatest illusion in modern society.
And one of the largest contributors to wealth disparity... for the wealthy on average benefit from this phenomenon, while the poor and middle class remain neutral or are harmed.
The great promise of Bitcoin—its great and noble ambition—is that, some years from now, it will perhaps have healed the institution of money in our civilization.
Belated "Nixon closing the gold window anniversary" post:
SPX priced in gold (blue) v. SPX priced in USD (red) since August 1971 when Nixon closed the gold window.
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Amethyst Wizard retweeted
America will be the Bitcoin superpower of the world.
The Golden Age of America has BEGUN!
The Golden Age of America has BEGUN!
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Amethyst Wizard retweeted
Igniting stablecoin growth: The Spark Liquidity Layer is now live.
Spark now has the ability to instantly deploy USDS and sUSDS across multiple chains and DeFi protocols while automatically balancing liquidity across them.
It's the first time that USDS and sUSDS go multichain.
Spark now has the ability to instantly deploy USDS and sUSDS across multiple chains and DeFi protocols while automatically balancing liquidity across them.
It's the first time that USDS and sUSDS go multichain.
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Amethyst Wizard retweeted
The bitcoin protocol is a profound and extremely exciting human accomplishment. Those who fight it, are in league with the devil.
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Amethyst Wizard retweeted
While the “Yara to Carol” hop is only one bitcoin channel in this example, the entire Lightning Network’s graph can be also used.
The lightning graph is immeasurably valuable, providing the breadth and depth of the cypherpunk future’s liquidity needs.
The lightning graph is immeasurably valuable, providing the breadth and depth of the cypherpunk future’s liquidity needs.
I'm excited announce the first mainnet *multi-hop asset* payment w/ Taproot Asset channels! 🥕⚡️
in this demo, we have a topology of:
Zane -(beefbux)> Yara -(BTC)> Carol -(beefbux)> Dave
Dave makes an invoice to recv beefbux (denominated in BTC!) w/ Yara using her beebux to complete ng the Bitcoin Backbone of the Lightning Network! 😎
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Amethyst Wizard retweeted
As an immutable protocol, Sablier is not upgradeable, meaning that no party can pause the contracts, reverse transactions, or alter the users' streams in any way! 🔒
This ensures the system remains transparent, secure, and resistant to manipulation or abuse at any time.
This ensures the system remains transparent, secure, and resistant to manipulation or abuse at any time.
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Amethyst Wizard retweeted
There's a frequently asked question of 'How can Chia possibly have so many full nodes?' People see the headline number of over 100,000 and can barely believe it. I'll explain: (thread)
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Amethyst Wizard retweeted
LAST 3 HOURS TO MATCH: @Gitcoin's G14 Round is about to end.
🧑⚖️Now's the time to support @InternetArchive's court battle to buy, own, digitize & lend books online. For a few more hours your $1 donation will be matched!
gitcoin.co/grants/5885/in…
🧑⚖️Now's the time to support @InternetArchive's court battle to buy, own, digitize & lend books online. For a few more hours your $1 donation will be matched!
gitcoin.co/grants/5885/in…
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Amethyst Wizard retweeted
🤭Cute seeing tradfi tech people celebrating the death of the technology that renders them and their business obsolete because of a decline in price.
😘Sorry guys, tech and devs are still here. You are still screwed.
😘Sorry guys, tech and devs are still here. You are still screwed.
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time for a good old fashioned bank run #CanadaBankRun #proofofkeys
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Amethyst Wizard retweeted
🗓️ It's 2022 & we're entering another year of the #copyright lawsuit filed by 4 of the world's richest publishers in 2020. Why sue the nonprofit @InternetArchive? IA's counsel, @lilabailey lays out the stakes.
#EmpoweringLibraries
empoweringlibraries.org/get-involved/
#EmpoweringLibraries
empoweringlibraries.org/get-involved/
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Amethyst Wizard retweeted
Bruh it's like 5 lines of code. x.com/bcheungz/statu…
$JPM's Jamie Dimon on bitcoin: "I'll just challenge the group to one other thing: how do you know it ends at 21 million? You all read the algorithms? You guys all believe that? I don't know, I've always been a skeptic of stuff like that."
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Amethyst Wizard retweeted
Every iPhone will search itself for whatever Apple wants, or for whatever Apple is directed to want. They are inventing a world in which every product you purchase owes its highest loyalty to someone other than its owner.
edwardsnowden.substack.com/p/all-seeing-i
edwardsnowden.substack.com/p/all-seeing-i
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