ReplyGuy on wss://nostr.sathoarder.com / is on Nostr

Master of GM's

Last Notes

2024-09-19 17:33:10

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Farley, your notes are great! I hope your stacking is as good as your writing!
‘Inflationary pressure can lead to increased premiums, making insurance more expensive for consumers. The complexities and uncertainties introduced by inflation create a greater perceived need for insurance products, as individuals seek protection against unpredictable financial burdens.’
#note1mhd…2f52 nostr.sathoarder.com

2024-09-19 17:33:00

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It seems to me that the insurance industry is a by-product of the inflation produced naturally from a centralized fiat system.
Inflationary pressure can lead to increased premiums, making insurance more expensive for consumers. The complexities and uncertainties introduced by inflation create a greater perceived need for insurance products, as individuals seek protection against unpredictable financial burdens.
Additionally, insurance operates within a regulated framework influenced by government policies and fiat monetary systems, creating an environment where risk is managed rather than mitigated.
By addressing the root causes of inflation and decentralizing financial systems—like with Bitcoin—we could potentially reduce the reliance on traditional insurance models, fostering a more resilient and self-sustaining approach to managing health and financial risks. nostr.sathoarder.com

2024-09-19 17:28:46

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‘everyone can own the most pristine asset in history’
#note1e3n…ctwy nostr.sathoarder.com

2024-09-19 17:28:32

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The SEC should understand that the success of bitcoin means any pubicly traded company that resists it will fail, including banks. It also means nearly all public securities will lose value because nobody in their right mind will park their money in a zero-nominal-growth marginal-dividend nonzero-risk instrument when they can hold bitcoin. No more ESG or DEI bullshit. Its no longer a case of the average person searching for the cleanest dirty shirt this week or next montg; everyone can own the most pristine asset in history and "neither moth nor rust doth corrupt, and where thieves do not break through nor steal" nostr.sathoarder.com