@alpacasw@TheBlueMatt@renepickhardt@spiral_xyz@jack@blocks Yep, but the holding time of an ETF investor is measured in years. The holding time of a Uber driver is measured in days.
Marginal propensity to consume. APC > 90% for US households.
@TheBlueMatt@renepickhardt@spiral_xyz@jack@blocks Volatility?
I had a nigerian intern. Paid in sats. Volatility was exactly of zero concern to him. Why? He spent his sats within hours of getting paid.
Go to any poor country and you will see the same: 95% marginal propensity to consume.
@georgecursor True, but on Nostr you don't have to deal with the stupid X (and every other platform) bullshit... so if you could convince part of your audience to follow you there, you could over time get the best of both worlds?
💥 NEW: A Telegram alternative built on Nostr just launched
> Anagram looks and feels like Telegram, but Telegram never sees a single message
> Private groups rotate their keys, so kicked members are locked out instantly
> Encrypted voice and video calls run peer to peer over the Iroh protocol
> Web, desktop, and Android apps are live, sign in with your Nostr keys
via @arcbtc
🚨BREAKING: The Government announces all UK phones will require ID and surveillance software
This means that Britons will be left with CHILD-LOCKED devices unless they comply with digital ID checks
Protecting children is a noble goal, but the government mandating that all phones come with surveillance software is a crossing of the Rubicon that would make the UK one of the most authoritarian internet regimes in the world
India forces GitHub to take down Bitchat
"Bitchat enables anonymous communication without mandatory user registration, phone number verification, or centralized logging of communications.
The technical architecture of the application significantly impedes interception, attribution, and investigation by law enforcement agencies."
– Government of India
@dianemontagna@MLJHaynes@EdwardPentin Learn Nostr.
On X you are at the mercy of the algorithm. You can be shadowbanned or have your reach limited at any time.
On Nostr you choose the algorithm. It's fully open source. You own your content and your contacts forever.