Modest Model 3

Bitcoin, Shotokan Karate, software engineering

Last Notes

2023-03-07 00:22:03 GMT

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Great confidence - hope we all live long enough :)

2023-02-26 18:11:06 GMT

I've been reading Bitcoin Is Venice and looking for a simpler explanation for the fiat Ponzi. It occurred to me that Monopoly would be useful as an explanatory model. Normal Monopoly is a pretty fair game, but with a couple of small changes, it could be Fiat Monopoly. Just give the banker the ability to inject money to a player, and allow the banker to levy a tax for each round. Then the game takes on most of the characteristics of the fiat Ponzi. The money injection increases the money supply, leading to asset price raises/inflation, and wealth transfer from the players who don't get the additional money.
Am I way off base here or is this a good explanatory model for those who don't have time or energy for going down the rabbit hole??
@allenf32, @sacha_meyers, @Martellfox, @jackmallers, @FossGregfoss, @lawrenceLepard, @JasonPLowery, @natbrunell

2023-02-23 22:48:39 GMT

Can anyone compare Imperious.ai with nostr and with Zion??

2023-02-23 05:03:30 GMT

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Love the fact that monetization is aligned properly.

2023-02-21 22:41:42 GMT

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Please not "Wagon Wheel"

2023-01-12 02:53:46 GMT

#[0] what can you tell me about a new experimental drug for liver cancer

2023-01-05 01:47:52 GMT

@5e7ae588d7d11eac4c25906e6da807e68c6498f49a38e4692be5a089616ceb18 Verifying My Public Key: JamesJMyers3