antiparasitic technologist, communition engineer and sayer of pithy notes Embrace, Extend, Inflame matrix ID: @mleku17:matrix.org telegram: @mleku1 keep your head on a swivel
mleku @mleku - 11m
https://www.zerohedge.com/crypto/china-selling-seized-crypto-top-coffers-economy-slows-report haha trading ban i think that this is the headwind that #bitcoin is currently facing, governments are using it to shore up their balance sheets, when shitcoins go down, people cash out, or at best they sell bitcoin to shore up their balance sheets the fact that gold is going up though is bullish for bitcoin in the medium term, some number of the goldbugs are gonna dump their yellow metal for the orange coin, and i don't think we have seen the end of this gold rush by far, because if trump reshores industry that means they have to export and keep the dollar down which means that everyone else will be dumping dollars to buy something else... which is also going to mean bitcoin, probably, after gold and then silver there's a circular logic to all of this but the most strong sign is that if the dollar stops being a reserve asset, then what else could step up to take its place, other than gold, but bitcoin bitcoin is inflating slower than gold is, so it's inevitable
mleku @mleku - 19m
the best cars, but sadly their new models are not so hot
mleku @mleku - 57m
when alexandria is fully supporting kind 1 feeds the rest of them are doomed D O O M E D
mleku @mleku - 58m
this is a common practice in eastern europe, when i was in prison even we had them, and my friend's mother made them in serbia too
mleku @mleku - 59m
nah it's not really arbitraging, he's basically helping keep the peg
mleku @mleku - 1h
what i mean is, i'm pretty sure it is just a regular event so it goes through the /event endpoint that publishes events the /relay endpoint could be used instead for this, but the ephemeral kind designation has the same effect (i just want to have an explicit call for relaying for future work, like the IRC like protocol i have in mind)
you mean where it provides a bunker address to a caller? i don't really know how bunkers work exactly, just the vague idea they involve ephemeral events and the relay acts as a middleman to pass the message between the signer and the client
that sounds like arbitrage, he's arbitraging the pegs
mleku @mleku - 2h
is it a bunker? i assume once you do it one time it keeps on working, i'm guessing that the QR code has the bunker address thingy
also it's notable that bulgaria also had one of the lowest rates of vaccination during the scamdemic, possibly their economy is doing better because people are less sick serbs and bosnians were also quite hostile to the scam as well
there may be other factors in the fall of the Leu tho, idk, romania's big exports are cars and oil, where bulgaria sells coal, electricity and cheese
i didn't know amber had a pc based version, i thought it was only for mobile but yes, i'd say so, that's all it does, it has a list of rules about what it automatically signs and what it prompts and what it rejects and you just fling unsigned events at it and it signs them and returns them
the bulgarian central bank uses a peg, and it was very effective for the last 15 years, the romanian currency, the Leu, i think it was "backed by euros" and it fell by 50% in the same period, 12 years ago the Leu and the Lev were both parity at 50% to the euro the board that does it in bulgaria basically all they have to do is buy euros to push the price up and sell them to lower it i think the key difference is that "backed by" means more steps to the same end when i say "buy and sell" i think that mainly means eurobonds to back their loan issuance, so if it goes up, they close out loans in leva and vice versa
amber is just a signer, it doesn't dispatch the events to the relay afaik
they are all under the line with the red/blue above... myself i'm dead centre on the very bottom 100% liberty no politics
#mochi the #catstr has started to play a lot in the last few days, like, he's even playing fighty games with me, swatting at me, and even knows to mostly keep his claws retracted gonna be so lit when his operation is done and recovers from it and he doesn't have any pain in his jaw anymore
i can see bitcoin and silver both bubbling up this chart over the next year or two, more uncertainty, more need for cash, the achilles heel of keynesian economic theory about spending. W E S A V E F O R A R A I N Y D A Y
looking forward to when bitcoin is worth more than amazon haha suckit bozos nostr:nevent1qvzqqqqqqypzqevk6qqae8hq46de9yraeyq9gcsfsj3zzwy6385we4rxppzwre0dqydhwumn8ghj7argv4nx7un9wd6zumn0wd68yvfwvdhk6tcqyqv7qa5tdr9h28whtcwnd9y05mzd7870dst6xy7tfk2um7n7ynmakg3xewx
mleku @mleku - 3h
sophistry is always a red flag
no i was just trying to use coracle on my mobile after an upgrade, which now disabled the previously saved nsec, and it wouldn't accept my nsec from scanning it from a QR code, the text looked right in the input box but it said it was invalid