obliterator918 on Nostr: Just a little Boosty McBoosterson to say that while I agree that we don’t need to ...
Just a little Boosty McBoosterson to say that while I agree that we don’t need to worry about mining pools attacking the network, for the obvious reason that they have no incentive to destroy the value in the system, there are still entities out there who might just want to do exactly that. The same governments who can print money to buy mining hardware just may decide that it’s a good investment to destroy fiat’s only real competition. I don’t necessarily think this will happen, but, it’s a possibility.
With regard to tariffs, I think something that we need to keep in mind is that tariffs are not meant to help “number go up” for the markets. Agree or disagree with their effectiveness, the idea is to try to get things moving in the right direction for national security. It’s not good to rely on adversarial nations for all of the stuff we need and not make our own goods. Unfortunately it make be too late to fix the problem, and tariffs won’t fix the fact that the US has chiefly exported nothing but fiat debt for so long.
https://fountain.fm/episode/fET3czvurUjgMrzlPOMb
With regard to tariffs, I think something that we need to keep in mind is that tariffs are not meant to help “number go up” for the markets. Agree or disagree with their effectiveness, the idea is to try to get things moving in the right direction for national security. It’s not good to rely on adversarial nations for all of the stuff we need and not make our own goods. Unfortunately it make be too late to fix the problem, and tariffs won’t fix the fact that the US has chiefly exported nothing but fiat debt for so long.
https://fountain.fm/episode/fET3czvurUjgMrzlPOMb
quoting nevent1q…t2vw