right now the FED issues the federal reserve note and it circulates as paper currency. each bank has their own ledger currency that is supported by federal reserve "bank" reserves + other assets we are witnessing the treasury directly attack the fed and use stable coins as a new "treasury bill backed" currency. this will be a slow grind but an end to bank reserves and federal reserve notes. thank you for your attention to this matter 🪖
map of active geohashes View quoted note →
geohashes is a really cool idea used by bitchat
venezuela explained
maduro's bitcoin is about to join the US' strategic confiscation reserve
image
we are entering the phase of the "lying doom loop" -"So long as the bosses pretend to pay us, we will pretend to work." -"So long as the gov pretends to need our taxes, we will pretend to pay them." 🤫
The Russian Nobel Prize winner, Aleksandr Solzhenitsyn: “We know that they are lying, they know that they are lying, they even know that we know they are lying, we also know that they know we know they are lying too, they of course know that we certainly know they know we know they are lying too as well, but they are still lying. In our country, the lie has become not just moral category, but the pillar industry of this country.” View quoted note →
in russia there was this saying: "The eyes are afraid, the mouth is closed but the hands are still doing it" the best revolts are those that happen in secret. 🤫
understanding groq LPUs