TreasonousBastard
TreasonousBastard's JournalCrypto? We've been using it for years, but sensibly...
Look at your cash--it says "Federal Reserve Note". It used to say "silver certificate" or some such thing. At one point it was backed by our gold reserves. Now it's backed byfullfaith and credit
But here's the thing-- "backed by..." are the operative words. We discovered many years ago that commerce was impossible without a means of exchange agreed to by everyone involved.
It really makes no difference what that "means" is, and we've tried seashells, diamonds, the huge rocks of Yap coins, tulip bulbs and stock certificates. And gold, of course, along with lots of other things, even simple journal entries. Values can go up or down, but always within limits.
The one thing they all had in common was that everyone involved agreed on their value. Aside from some economic islands, it's the governnent that guarantees that value. Bitcoins and FTX shares have no such guarantees. You can say that Amazon or Tesla shares have no value in themselves, but at least they have huge companies behind them and vast amounts of regulation watching them.
Many years ago I discovered the Ida M apple, related to the...
Ida Red, but had the perfect tast and structure for pies. Pretty close to Granny Smith, but even better.
I've been trying to find it lately, but none of the orchard guys remembers it and searches note the passing of Ida M Apple in 1907 and, of course, Ida M Tarbell. But no fruity Ida M apple. Might have been a patent dispute, but who knows...
Anyway, a good source for Granny Smith is a thing to have if you're going to cook an apple.
Until I find an Ida M tree, any way.
Thomas Valva died in Jan 2020 when his parents left him in...
a freezing garage.
Para medics, rescuers, the ER, and an autopsy all agreed that was the cause of death, but it still took until a month or so ago to get guilty verdict for them.
Over 2 1/2 years on such an a obvious case, but we whine that a former President isn't immediatelyin the slam on much more complicated charges.
For over 40 years I've watched this shitstain grow in the only thing he ever excelled at-- wasting time while getting bullshit publicity.
And he's doing it now, big time. Be very careful putting all ducks in a row when charging him. Getting out of trouble is the only thing he's good at.
A word about crypto. Andrew Jackson thougjt the idea of a central...
bank was a scam, simlar to wha we now see crypto as. The difference is basically who agrees to the system.
Over years, we had all9 sorts of money, backed by gold, silver or Apple Annie's big ass.We gradually moved to a system that did not require any backing other than the faith and credit of the US government. That works if you are talking about governments, since being a government, it is presumed to dpeak fo all its people.
That's exactly what you've got with Bitcoin and its relatives. Its value jis not decided by agreement among its holders, but by some agorythm.
In theory, the algoryth should smooth the rough patches, but in feality it simply amplifies the problems we already have.
For instance, where in this alleged money scheme do we have any control over fractional reserve banking?
So I wake up this morning and the sun still shines. We won...
a few and lost a few, just as God intendedv, and we won more than we lost.
Some races can't be ended yet, and a few have the Trumpoholic refusal to believe and concede, but overall Democracy has prevailed and we are a bit further from being the one party state of Nazism or Communism.
Personally, I am thrilled that Gov Hochul held on. Much is being made of her being the first woman being elected Governor, but I am perfectly that she got elected because she is damn good at the job, and, if we're lucky, sends Zeldin to a hell of his own making.
Zeldin, true to his breed, has refused to concede... Yet.
I was sorry to see that his old district will not be won by the estimable Bridget Fleming, but she isn't going away and just proves once again that Democracy means you win some and you lose some.
PA, GA, and some others keep the hopes up.
Anybody using Visible for their phones? Had great success...
with Boost for years, but since they had to drop T-Mobile as their network, it's had its problems.
Dish TV just doesn't do the job. Problems with network access, the hotspot, and just general aggravation.
Looking around, VIsible seems too good to be true. Verizon's network and really unlimited hotspot and data for half what I'm paying Boost.
Is this for real?
I got up this morning to the Orange Slobfather again, Zeldin...
gaining, Mississippi running dry, an election tomorrow, New Delhi air, Walker and Boebert proving politicians are as bad as we thought...
At least Kristen Bell came through as a quick fix for depression.
I'm going back to sleep
Holy, Shit! It's 4AM and it's bright as noon out there....
This is so confusing. I'm retired and don't give a shit about driving in the dark.
I blame Trump and his his rallies. If that makes no sense, I don't care about that either. I'm supposed to be sleeping.
I voted. Poll open unti 8 today. But, I dtopped my cellphone in
the parking lot.
It seems to work fine, but the glass has some new etvhing thst is actually quite nice. Tough to read through, though.
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Gender: MaleHometown: Long Island, NY
Member since: 2003 before July 6th
Number of posts: 43,049
