DeboostedBitcoiner

“Those that say that individuals are not capable of changing anything are only looking for excuses” -Vaclav Havel

[DeboostedBitcoiner @RexEverything88]

@austincampbell Well FRNs are “to be issued at the discretion of the Board of Governors” (not the Treasury), and although only they are “obligations of the United States” and legal tender, they are not statutorily labeled as “fiat currency.” I doubt a court would invoke judicial notice on “fiat”

[DeboostedBitcoiner @RexEverything88]

@debelisarius @austincampbell Thanks for contributing to our discussion of legal theory

[DeboostedBitcoiner @RexEverything88]

@dark_road_games When banks are allowed to create money, bankers are no longer constrained by the discipline of the free market

[DeboostedBitcoiner @RexEverything88]

@14g23h34 Unfollow them. Stop liking posts. Let them have a bot audience

[DeboostedBitcoiner @RexEverything88]

@CaitlinLong_ @pmarca They would have broken these companies up 100 years ago

[DeboostedBitcoiner @RexEverything88]

@SimonDixonTwitt I’d point out the government can repay its loan to the FRS and just cancel all the gold certificates. Then throw all the gold in a treasury trust-account

[DeboostedBitcoiner @RexEverything88]

@NoBagHolder @SimonDixonTwitt Yeah the treasury owns all the gold and issued “gold certificates” to the FRS. It’s the United State’s gold with a loan taken on it

[DeboostedBitcoiner @RexEverything88]

@2015_Jimi @callebtc We have empirical data no one seems to care about. What is the number of listening nodes? We can see it. What are transaction fees? 2015 level?

[DeboostedBitcoiner @RexEverything88]

@DrJStrategy Central economic planning doesn’t work. Anyone pay attention to the 20th century?

[DeboostedBitcoiner @RexEverything88]

@nic_carter @CaitlinLong_ @0x_Osprey @jackiereses It sounds like the Board of Governors has no oversight jurisdiction over particular state-chartered banks like custodia. Rather than take advantage of this, it is suing for inclusion in the FRS?! Why not be a full reserve bitcoin bank and issue private physical bank notes?

[DeboostedBitcoiner @RexEverything88]

@CedYoungelman @EricBalchunas Citibank is toughest thing on planet earth. Been bailed out of bankruptcy half-dozen times easy. Still going

[DeboostedBitcoiner @RexEverything88]

@xcsler @RudyHavenstein @LawrenceLepard Stockhodler on there. Interesting

[DeboostedBitcoiner @RexEverything88]

@xcsler @RudyHavenstein @LawrenceLepard That’s a good one. Its like a word search lol

[DeboostedBitcoiner @RexEverything88]

@Serey_Official @hsu_steve Probably not. The MBS marketcap in 2008 was $7.5 trillion and the fed bought about $1 trillion worth over the course of a year to bail it out. Of course the mortgage market was much larger. Might take $500 billion to keep it going a good while

[DeboostedBitcoiner @RexEverything88]

@CaminaDrummer4 I’ve been a part of online communities for decades. This bitcoin X thing is the worst one I’ve seen and I’m not exaggerating. There’s no coherent message. No goal. No anything identifiable from reading posts except people want the price to go up

[DeboostedBitcoiner @RexEverything88]

@jameslavish Yeah thanks James. Don’t mention running a node or proof of keys. Heaven forbid

[DeboostedBitcoiner @RexEverything88]

@brucefenton Why are bitcoiners calling these thing stablecoins? We need a more descriptive name for these things like “fiat shitcoins.” You’re playing into the propaganda