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What's trending on Nostr over the last 24 hours?

quoting note1sgq…2sxw

FOLLOW MORE PEOPLE.

REPOST MORE NOTES.

BUILDING OUR RIDE OR DIE WEB OF TRUST ONE NPUB AT A TIME.

GOOD MORNING. 🫡

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quoting note10el…rghz

The complicated aspect about the Social Security system in the United States is that it was falsely marketed.

It's called an "entitlement" because people pay into it and are supposed to get it back like a pension, regardless of whether they are rich or poor when they retire. And so the Baby Boomer generation views any cuts to their social security as a rugpull, basically. It's not insurance or charity; it's an entitlement.

However, although it was marketed as like an entitlement/pension, that's not how the math worked out in practice. And it's because population growth is slowing. It was based on ponzi math, assuming that every generation will be bigger than the one that came before it. But the Baby Boomer generation was huge.

In addition, when Social Security was created, the retirement age was set near the average life expectancy. Many people would not live long enough to collect it, and most would collect it for a handful of years. Only a small minority of outliers would work for like 40 years and then live off social security for like 20+ years. But then over the decades, life expectancy increased by like 15 years, so the default assumption is indeed that someone can work for 40 years and then have 20+ years of retirement, even though the amount they pay into it doesn't really mathematically cover that. It's not designed for that en masse.

And so Baby Boomers had like a 3.5 worker-to-retiree ratio to support in their peak earnings years, while Millennials will have more like a 2.5 worker-to-retiree ratio or less to deal with. Which means they get a worse deal. Many Millennials don't even think they'll get it at all, despite paying into it.

That breaks up the social contract and sets up inter-generational political conflict. "Fourth Turning" stuff.

It's a big reason why "defined benefit" plans are inherently unstable; they rely on being able to predict the future.

And it's also a big reason why, when speaking about deficits, nothing stops this train.

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quoting note12sh…e26m

We are working on a bunch of new feeds at Primal. They will all be open source and exposed in a public feed marketplace (as DVMs). In addition, all Primal clients will support 3rd party feeds via the same mechanism. This already works great in Amethyst; nice work Vitor Pamplona (npub1gcx…nj5z).

If you have suggestions for feeds you'd like to see, let us know and we'll try to make them! 🫡

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quoting note1hvf…66c2

I used to be a gamer.

-Console games across the board, although Super Smash Bros was the one I put over a thousand hours into.

-For PC, I played a lot of Subspace Continuum, StarCraft I and 2, and Overwatch.

I hardly play any digital games anymore, mainly because I work on my computer all day and want to touch grass in my spare time, although I do play Dungeons and Dragons tabletop.

note1kah…u8uq

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quoting note1sw4…fyh8

The decisions you made five or ten years ago is what you’re living today.

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