Perhaps #satoshinakamoto chose #halloween to release the #Bitcoin #Whitepaper because of the #terrifying nature of reckless government spending and central bank monetary debasement.
In describing the Calculations in Section 11, did #Satoshi also use this as an analogy to articulate the behavior a typical government with an unlimited amount of credit to gamble with using probability theory?
The Binomial Random Walk describes federal deficits. The Gamblers' Ruin Problem describes their codependent relationship with central banks.
They have been gambling with YOUR money since 1913.
Most people are just whistling past the graveyard, blotting out the consciousness of their monetary disposition as best they can. Others are oblivious to this fate.
A chosen few shall escape the horrifying #FourHorsemen of the Economic Apocalypse: terror, bewilderment, frustration and despair.
#HappyHalloween Happy 15th Birthday #Bitcoin
https://bitcoin.org/bitcoin.pdf
TargetInflation / JSON Meyers
npub1j2…56hms
2023-10-31 16:36:55
Author Public Key
npub1j2cw25ns44recx5ehpaqg6qk2vmhtqq4zp0q9ygl4qz722kqxv3qc56hmsPublished at
2023-10-31 16:36:55Event JSON
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"content": "Perhaps #satoshinakamoto chose #halloween to release the #Bitcoin #Whitepaper because of the #terrifying nature of reckless government spending and central bank monetary debasement.\n\nIn describing the Calculations in Section 11, did #Satoshi also use this as an analogy to articulate the behavior a typical government with an unlimited amount of credit to gamble with using probability theory? \n\nThe Binomial Random Walk describes federal deficits. The Gamblers' Ruin Problem describes their codependent relationship with central banks. \n\nThey have been gambling with YOUR money since 1913.\n\nMost people are just whistling past the graveyard, blotting out the consciousness of their monetary disposition as best they can. Others are oblivious to this fate. \n\nA chosen few shall escape the horrifying #FourHorsemen of the Economic Apocalypse: terror, bewilderment, frustration and despair. \n\n#HappyHalloween Happy 15th Birthday #Bitcoin \n\nhttps://bitcoin.org/bitcoin.pdf",
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