sam / Sam is on Nostr

Accelerating bitcoin for institutions

Last Notes

2025-04-06 06:16:59

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Not good enough. Try harder.

2025-04-06 06:09:45

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Yes! But it’s still an extra risk isn’t it? Of course if yields now fall then that has the upside risk of being able to refinance at lower rates (presumably with longer duration, and presumably that’s part of the plan to subsequently devalue the debt in real terms). If yields stay the same then the situation remains the same. The downside risk is that we see higher yields forcing higher interest expense and the debt spiral accelerates?

2025-03-29 13:15:00

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It’s a superb insight from @nprofile…vfu0 (as per usual!).
However, the main point that I think he’s addressing is whether bitcoin causes hyperinflation of fiat. And I agree with him that it doesn’t for the reasons he says. But what happens subsequently as credit demand falls is that the central bank needs to print more base money to avoid an overall fall in fiat prices (which a debt based money is not designed for). So the overall money supply still rises but the proportion of base money to credit money goes up. Eventually this leads to fiat hyperinflation. However, the existence of bitcoin has delayed the inevitable collapse and so allowed more people to escape it.

2025-02-27 17:58:29

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I feel excitement for what comes next. Does that count?

2025-02-25 15:00:20

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Thank you!!

2025-02-19 23:06:07

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Yeah, how’s it going?

2025-02-11 15:48:38

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UK seems pretty screwed though 🤦‍♂️
How long do we have to sort our shit out before the reset?!

2024-12-22 10:54:13

The UK govt and BoE have failed. We’re going to need to save this country ourselves.
#note1sku…3ld4

2024-12-02 02:52:18

I got here at last!