HubrisHound
Hubris Hound

Public Key

npub1xf528sste6vngy5whc8w9gjl3l5vm4u54ry84w7a9y0nnhkmvtfsfnzuv6

NIP-57 Address

LNURL1DP68GURN8GHJ7EM9W3SKCCNE9E3K7MF0D3H82UNVWQHK6MMJDE5KUEMXD9EX2ENV0YCNVVPJX5Y0V2HV

Profile Code

nprofile1qqsry69rcg9uaxf5z28turhz5f0cl6xd67223jr6h0wjj8eemmdk95cpz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9mhwden5te0dehhxarj9enx6apwwa5h5tnzd9aq8a9jdz

Publishing to

eden.nostr.land

nostr.fmt.wiz.biz

relay.damus.io

Author Public Key

npub1xf528sste6vngy5whc8w9gjl3l5vm4u54ry84w7a9y0nnhkmvtfsfnzuv6

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Last Notes

2023-08-31 16:28:39

Matt Mežinskis does a great job of answering the question of whether there's more money out there or less. That's all like 99.9% of people need to know.

2023-08-31 16:16:08

Can we please stop messing with the base layer?

2023-08-30 19:30:08

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He wants a startup to create a decentralized coin. Got it

2023-08-29 18:38:16

Trusting the government's reported inflation rate is like giving your students an assignment to write a paper by the end of the month and then grade it themselves

2023-08-29 15:40:33

I think we have a larger buffer zone before we get to a tipping point than most think but everyone I'm close with is talking about inflation on a regular basis
It's probably smart to rely on anecdotes like that when the "official data" you're given is being provided by a party who has an obvious incentive to have that data read a certain way

2023-08-28 19:25:01

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If you have a budget and because of inflation can no longer make it work the easiest things to shed to give yourself some breathing room are the small luxuries, Netflix, gym membership, Amazon Prime, Spotify, etc.
Those are going to be the first things you see people ditching when inflation worsens. People selling their cars or houses doesn't come until inflation has choked people to death. Those are last resort type of moves for most people.

2023-08-28 19:08:46

It got laughed at a little bit on RHR, but I thought Jesse's point about the large number of Disney+ subscription cancelations recently being a strong indicator of people really feeling inflation was spot on.

2023-08-27 17:25:55

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if the yolk doesn't run you've ruined it

2023-08-27 17:02:39

One group of people will tell you China is already the most powerful nation in the world and getting stronger while the other tells you they're on the brink of a complete economic collapse

2023-08-25 23:24:39

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yeah meet me behind your shed in 30. You taking cash or sats?

2023-08-25 22:30:38

The bitcoin macro guys love to say they see bitcoin as a world altering innovation, but then make predictions about the future based on what happened in similar scenarios before bitcoin's time.

2023-08-25 22:20:20

Listening to these 3 macro guys try to navigate what happens next on @npub1s5y…6q7z's recent pod while using metrics they admit are flawed is mind numbing. You can't make consistently acurate predictions of complex systems with minimal perfect data let alone using minimal data that is cooked to benefit the person providing it.
Sure it's fun to guess and speculate just like it is on a baseball game, but no one has any clue what's going to happen.
Stay humble stack sats.

2023-08-25 01:42:10

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FTX

2023-08-25 01:30:05

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I use this thing like once a week and it has never failed me
https://www.amazon.com/Crock-69145-02-Artisan-Enameled-Sapphire/dp/B01H0CFMPS?th=1

2023-08-25 01:28:38

If you have don't have a huge budget but want to put some money into your cooking game do yourself a favor and buy a cast iron dutch oven

2023-08-24 01:54:16

Let's be honest and admit Portnoy is right that the vast majority of bitcoiners own bitcoin to increase their wealth. The fact that bitcoin helps others is a bonus, but bitcoin wouldn't be nearly as popular if it didn't protect your wealth.
Bitcoin's incentive structure was built to take advantage of human greed. All bitcoin holders benefit from the greed of others whether they're living in an undeveloped country or in the west and have a billion dollars.

2023-08-23 20:19:24

The dollar has already failed as long term savings vehicle for everyone (You can't save for retirement in dollars)
The dollar is starting to fail as a medium term savings vehicle for many people (You can't save for a downpayment on a house in dollars)
How long until the dollar fails for short term savings? (You can't save for a vacation in dollars)

2023-08-23 20:01:11

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Which ranch is this?

2023-08-23 17:38:29

I don't care if a client wants to add in their own algo as long as I can toggle it off. Though I will say I'd prefer the algo not be the default setting when you first use the app.

2023-08-23 15:31:00

Alright this was much better than expected. Dave gets it.
Half way at least.
https://www.youtube.com/watch?v=kA-VfTjI7sg

2023-08-23 01:48:17

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The difference between bitcoin and other investments is that the world actually gets better as the price goes up.

2023-08-22 02:18:22

If the dollar is only backed by faith in the government why would you expect the government to say anything that would damage that faith?
They'll always justify lies as necessary to keep the trust of the people.

2023-08-19 02:52:59

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value for value will never work if you want to be fairly compensated for your product
you're asking people to pay for something they can get for free

2023-08-18 03:08:45

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Yeah I dont think we revert back to a barter system. Especially with bitcoin around

2023-08-18 02:59:59

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I can already tell Dave is going to annoy me

2023-08-18 01:07:57

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That's a good point. Cash will likely be preferred

2023-08-18 00:55:26

If my wife, who's algo pumps her nothing but workout tips and makeup videos, has heard Rich Men North of Richmond then it's truly reached all corners of society

2023-08-17 17:47:46

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This is awesome

2023-08-16 20:39:48

The only way the price of bitcoin doesn't initially plummet during hyper inflation is if we have built out a sufficient circular economy by then.
If hyper inflation hits and I need to sell my bitcoin for dollars to buy the essentials then the value of bitcoin will drop while people sell for fiat.
Not only does the price of bitcoin drop, but the value of the dollar is propped up because it's needed as a medium of exchange.
Building out the bitcoin circular economy is a an urgent goal if we want to reduce future pain.

2023-08-16 20:14:51

Buying bitcoin P2P and sending the seller cash over Zelle or Venmo or any of the fintech fiat rails nukes your privacy and defeats the purpose. Don't understand why people are paying a premium for this

2023-08-16 20:04:00

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People won't have an issue with ID verification until it burns them

2023-08-16 03:23:37

The pushing of the value for value model is a grift aimed at bitcoiners who are eager to use the tech that excites them
gm

2023-08-16 03:14:58

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maybe one of your best jokes

2023-08-16 03:12:09

test