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My understanding of central banks: monitor the velocity and supply of money at various scales of the economy and increase/decrease the amount and access to money to incentivize stable economic growth. Sometimes get things right, sometimes wrong, but work with the data they've got. Goldbug doomers' idea of central banks: privately owned entities who earn a fat percentage on all the money they manipulate through inflation (which is by design), essentially robbing the Treasury in slow motion by gradually eroding the value of the US dollar through money printing until the country takes on too much debt and collapses.
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Mar 7, 2024 20:49
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Space Fish posted:My understanding of central banks: monitor the velocity and supply of money at various scales of the economy and increase/decrease the amount and access to money to incentivize stable economic growth. Sometimes get things right, sometimes wrong, but work with the data they've got. Goldbugs also seem to view central banks as a barrier to the return of the gold standard or something too
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Mar 7, 2024 20:53
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goldbuggery and opposing contraception ultimately both stem from the same root belief that some things should best be left up to the cruel and insane whims of fate than controlled by someone who isn't me personally
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Mar 7, 2024 21:10
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Is this latest inflation cycle being pumped by fake tethers to get rubes to pour in real dollars before the halving? At which point anyone who put in real dollars gets to watch them all vanish into the hands of organized fincrims?
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Mar 7, 2024 21:17
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Space Fish posted:My understanding of central banks: monitor the velocity and supply of money at various scales of the economy and increase/decrease the amount and access to money to incentivize stable economic growth. Sometimes get things right, sometimes wrong, but work with the data they've got. Gotta add ESG considerations into the doomer idiot side to properly fit the Crypto propaganda model
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Mar 7, 2024 21:17
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notwithoutmyanus posted:Gotta add ESG considerations into the doomer idiot side to properly fit the Crypto propaganda model What's ESG?
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Mar 7, 2024 21:40
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https://www.british-business-bank.c...able%20it%20is.
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Mar 7, 2024 21:53
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Basically it's something Bitcoin people hate, because it talks about being concerned about the environment among other things. That is if you wanted to TLDR it.
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Mar 7, 2024 21:57
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Lammasu posted:Back when Twitter was a septic tank, as opposed to the broken septic tank it is now, I got into an argument with a guy that said the central banks were the cause of the war in Ukraine. He didn't really seem to understand what a central bank was or what they do. To a lot of chuddy types "central bank" is a polite term for "the Jews I imagine run the world"
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Mar 7, 2024 22:00
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"those central bankers" is for sure a dog whistle
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Mar 7, 2024 22:12
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especially banksters
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Mar 7, 2024 22:15
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HelleSpud posted:I love this. I TBLD YOU SO
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Mar 7, 2024 22:34
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Ariong posted:Yeah I do my best but sometimes the stupid stuff Seraph posts to hype up crypto is the exact same poo poo that other people post to demonstrate how stupid it is. I mean, in all fairness, it's all so stupid that one could be forgiven for detecting irony when there isn't. I think you can say that about a lot of things in tyool 2024
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Mar 9, 2024 04:31
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notwithoutmyanus posted:Basically it's something Bitcoin people hate, because it talks about being concerned about the environment among other things. That is if you wanted to TLDR it. You can see why crypto people gargling Ayn Rand's piss might not like it.
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Mar 9, 2024 07:46
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notwithoutmyanus posted:Gotta add ESG considerations into the doomer idiot side to properly fit the Crypto propaganda model i get their irrational hatred for the e and the s, but the fact that they still also ban investing state funds based on consideration of good corporate governance because it's all reactionary bullshit gets a huge lol from me
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Mar 9, 2024 08:05
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Boxturret posted:I think the world would be better off without florida, personally.
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Mar 9, 2024 16:10
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https://www.youtube.com/watch?v=sI2ZT3Jwswk lol
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Mar 9, 2024 20:33
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Lammasu posted:Fortunately like most people that aligned with Trump, Desantis has achieved Dark Lord of Ravenloft levels of ironic torment. The Demiplane of Don
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Mar 9, 2024 20:43
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LOL, it never went away tbh.
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Mar 9, 2024 20:52
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LifeSunDeath posted:LOL, it never went away tbh. it did die down alot. its like a trend so if you had done one like a few months ago it would probably be embarrassing to post or something but also i forgot which thread his first tiktok was in and thought it was this one. this is his first tiktok https://twitter.com/allnick/status/1765839612612874710 drk posted:surprise, surprise, all dudes
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Mar 9, 2024 21:18
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Strong Sauce posted:it did die down alot. its like a trend so if you had done one like a few months ago it would probably be embarrassing to post or something It's like they went to a crypto influencer seminar that told them all the things they need to rent and create social proof of and lie about owning, but these dummies were so uncharismatic that no one looks like they belong there...almost as if they're about to have to return the boat and the house and it's costing them a fortune in the mean time (that they have never had).
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Mar 9, 2024 22:32
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the fact that I barely understood a quarter of what he was saying there is good I think
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Mar 9, 2024 22:39
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That’s the fakest influencer I’ve ever seen. The middle of his mouth is so pointy and his voice so unnatural.
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Mar 9, 2024 23:03
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sure is weird these trillionaires just like god just go buy a local property and and election and do your buttcoin city already.
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Mar 9, 2024 23:16
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Professor Shark posted:That’s the fakest influencer I’ve ever seen. The middle of his mouth is so pointy and his voice so unnatural. Very turtley features.
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Mar 9, 2024 23:20
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Strong Sauce posted:it did die down alot. its like a trend so if you had done one like a few months ago it would probably be embarrassing to post or something I want to break this guy's stupid round glasses while looking him straight in the eyes.
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Mar 10, 2024 00:55
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PhazonLink posted:sure is weird these trillionaires just Given that a lot of this is a spill off from the seasteading community, its not surprising that they end up as unsubstantiated talk.
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Mar 10, 2024 04:16
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Is that Glenn Greenwald?
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Mar 10, 2024 15:17
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Sickening posted:Florida is banning wind power. Nothing makes sense. Nuke Florida, zero downsides
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Mar 10, 2024 20:22
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not buttcoin related, but FL is now trying to cancel spring break. sure cancel your seasonal economy tourism boom. Ron : small gov, big freedom!
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Mar 10, 2024 20:57
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PhazonLink posted:not buttcoin related, but FL is now trying to cancel spring break. Lol I gotta look that up, it's gotta be some pure strain brainworms E: all I'm seeing is Miami Beach doing it and in response to escalating violence. I'm sure there's more to it because ~FL~ but that's the line they're using. PathAsc fucked around with this message at 21:15 on Mar 10, 2024 |
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Mar 10, 2024 21:10
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They're not banning it so much as they're going to enforce a lot of zero tolerance on violence/drugs. bigger parking fees, DUI checks, bag checks, curfews, etc... There were 2 shootings in 2023. Which is not a good thing (just IMO). But why do the sensible doing of doing some gun training/safety legislation and instead just tank your local economy and pay cops more to beat up on kids. But yeah I'm down with saying Ron Desantis is canceling spring break. gently caress that turd. Edit: Ron Desantis is deploying more state troopers with like more than a 1/3 of them specifically to miami beach
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Mar 10, 2024 21:20
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This sounds like the start of a problematic 80s teen comedy. It's going to end with the partygoers winning the right to party by beating Desantis's team of rich douchebags in a beach volleyball game.
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Mar 10, 2024 21:25
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Yeah gently caress Ron forever, I'm sure the increased presence will TOTALLY not cause more escalating issues. Oh, wait, they're fine with state sanctioned violence. WELP
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Mar 10, 2024 23:50
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Genuinely checking in to ask this question in a serious way: How hard is it to turn cash in to bitcoin, and bitcoin back in to cash (or a ach/wire etc, you actually get the drat money), without it being super sketchy and being concerned your identity or money or other bullshit will have something bad happen?
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Mar 11, 2024 00:21
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Tnuctip posted:Genuinely checking in to ask this question in a serious way: How hard is it to turn cash in to bitcoin, and bitcoin back in to cash (or a ach/wire etc, you actually get the drat money), without it being super sketchy and being concerned your identity or money or other bullshit will have something bad happen? If you don't mind providing your identity and having your sale reported to the IRS and your coins aren't tied to known criminal activity or sanctioned entities not terribly difficult
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Mar 11, 2024 00:24
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Now that I think about, I don't even know if PayPal owns the joke Bitcoin investment that I made with the PayPal app... does anyone know if Paypal is actually holding Bitcoin for me?
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Mar 11, 2024 00:26
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Identity theft paranoia is probably the bigger barrier these days because you need to comply with KYC requirements with absolute clown organizations who will get hacked just as a matter of course.
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Mar 11, 2024 01:47
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Spuckuk posted:Nuke Florida, zero downsides What happens to NASA? 
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Mar 11, 2024 01:54
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Vincent Van Goatse posted:What happens to NASA? they can stay, they'll need to take a ferry though.
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Mar 11, 2024 01:58
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