nic carter

@nic__carter

that's two underscores

the barricades
Vrijeme pridruživanja: studeni 2011.

Medijski sadržaj

  1. 31. sij
    Odgovor korisnicima

    Gee what a trend. What does it mean.

  2. 31. sij
    Odgovor korisnicima

    Huh that sure is a lot of $100 bills. El Chapo’s favorite. Excited for your expose on this topic.

  3. 31. sij
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  4. 31. sij
    Odgovor korisnicima i sljedećem broju korisnika:

    The true king of IS RIGHT reclaims his rightful throne

  5. 30. sij

    Love this paragraph on why Ecuadorians preferred private bank-issued money over central bank money. SITG

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  6. 30. sij

    They basically created a proto-Tether. Ultimately the people of Ecuador didn't trust that the IOUs would be convertible to dollars, and opted to trust private banks instead.

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  7. 30. sij

    Don't feel bad if your payments coin doesn't catch on. In 2014, the government of Ecuador created a CBDC, banned all non-state electronic payments and monopolized mobile payments, and still couldn't get anyone to adopt their coin

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  8. 30. sij

    yes, you've correctly identified what Libra is (using the language of traditional finance at least). how is that a punchline?

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  9. 30. sij

    I always find it weird when journalists "own" the crypto-enthusiasts by effectively saying "banking. you've invented banking". so? no one is concealing that.

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  10. 29. sij

    Central bankers are currency entrepreneurs competing for your capital. Even with the power of the state behind them they are still dependent on you. Never forget that.

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  11. 29. sij

    An influx of actual dollars has been a historical catalyst for spontaneous dollarization. Eg in Cambodia, the UN peace mission in 92 kicked it off

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  12. 29. sij

    Dollarization is not homogenous. In cases like Zimbabwe, the government declared the dollar legal tender to stave off inflation. In Ecuador, savers spontaneously fleeing the Sucre for USD forced the government's hand – 'dolarización popular' in Larry White's words

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  13. 28. sij

    meme template (insert a flagrant MSM lie in the bubble)

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  14. 28. sij
    Odgovor korisniku/ci

    Antoine finding supply irregularities in long tail alts

  15. 28. sij
    Odgovor korisnicima

    "we were just pretending"

  16. 27. sij

    also Satoshi kind of settled this in 2010. a large fraction of the world (~$150b worth of opinions) thinks having a monetary commodity is useful, so bitcoin mining is not a waste, by definition.

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