Am I losing my mind, or would lowering the inflation target not require _raising_ interest rates? If you drop rates at the same time as the target, you don't achieve it because inflation spikes, since more loans (at higher values) become more likely, raising money supply and increasing overall exposure to defaults. If you want lower inflation, ie "harder money", it should be harder to aquire, which means _increasing_ interest rates. No? https://businesstech.co.za/news/property/808296/what-a-big-change-for-the-reserve-bank-could-mean-for-r10000-per-month-home-loans-in-south-africa/ #asknostr #SouthAfrica
Good visuals of the gains and losses experienced over time hodling Bitcoin. If you're buying Bitcoin this year, when it will be peaking, you can expect as much as a 75% drop in value within a year, and that would be considered normal. If you can survive 5 years without gains, at most, everything is upside after that.
The 21m cap of Bitcoin does not apply if people are buying wBTC or keeping BTC on exchanges. They might as well be IOU's. The fact that this fake Bitcoin will absorb real capital is concerning. People will get burnt, and this will affect the value of actual BTC. People will exchange fake BTC with each other, and not realise the bait and switch, and the true value of Bitcoin will not be realised.
Fathers, tell me your experience, if any, of this clarity you get after having your first born? How real was it for you, and what changed? #asknostr
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Is it the fate of all relationships to eventually talk about your poops?
If they start a strategic XRP reserve I'm moving to Mars, I've had it
118 followers and no zaps makes Rob a dull boy
Nobody Cares
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