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"Now what do you see Andrea"
"It's a guy with really bad garlic breath"

#monsterdon



@economics_that_works
@Npars01
@cryptadamist
@davetroy

13 min

Deutche Wella gets it. I’m very happy to see that the German public broadcaster understands money creation in the modern economy, but also understands something of the goals of project 2025.

They never mentioned Silicon Valley, but I guess for any organization that’s very much on the front line of information they haven’t internalized yet.

youtu.be/gkmHQCktvGg

Questa voce è stata modificata (1 settimana fa)
in reply to GhostOnTheHalfShell

The trick with all the stable coins is whether or not they actually are backed by US treasuries, and I think the billions of dollars that are defrauded from holders of stable coins is going to force the people who don’t want oversight to experience what happens when nobody trusts the instrument you are issuing.
Questa voce è stata modificata (1 settimana fa)
in reply to GhostOnTheHalfShell

it’s in the nature of these things that they are perfectly sensible right up to the millisecond you try and cash them out 😃
in reply to GhostOnTheHalfShell

not all stablecoins are backed by treasuries etc. the 2nd biggest one that is so backed (Circle USDC, ~$60bn mkt cap) has been audited and has the money. tether is the $185bn stablecoin that refuses to be audited, so yeah that's the important question. also other "fiat backed" stablecoins like FDUSD (used on binance) and TrueUSD/TUSD (justin sun) were "backed" but not with assets nearly as good as US treasuries.

there's a few broad categories of stablecoins:

1. "fiat backed" (Tether USDT, Circle USDC, TUSD, FDUSD, etc)

2. "crypto backed" (meaning they hold the backing for the token in bitcoin or ethereum - what could go wrong? some single digit billion dollar stablecoins are backed like this, the biggest of which is Sky FKA MakerDAO DAI)

3. "backed by complex financial instruments and trading positions" (another "what could go wrong?
" case... this is a newish category but USDe, run by recently pardoned Arthur Hayes + BitMEX, is close to $10bn mkt cap)

4. "algorithmic" (backed by hopes and dreams. this category kind of went away after the $40 bn terra/luna implosion, but it's making a comeback with Justin Sun's USDD)

in reply to ⚯ Michel de Cryptadamus ⚯

In option two, what does it mean when bitcoin slides in value like I think it did recently and I don’t know if it’s recovered.
in reply to GhostOnTheHalfShell

there's a large cushion and deleveraging mechanism that's supposed to protect the $1 peg, but if the price were to slide too much too quickly, this is roughly what would happen:
in reply to ⚯ Michel de Cryptadamus ⚯

youtube.com/watch?v=zbXon9VbGT…
in reply to GhostOnTheHalfShell

I never played the DLC where you blow up the ocean, but there’s much about Mr. Torgue that is consistent with today’s CEOs

youtube.com/watch?v=hLTUqwE7Yr…



Your Dec 15–21 art challenge cheat sheet is here! HELP NEEDED! Have a few $ to help a challenge host in need? See post in comments #EastCoastKin #Photography #Drawing #Painting #Art#ArtChallenges



Grok, the chatbot built by Elon Musk’s xAI and popularized on his social media platform X, appears to have repeatedly spread misinformation about today’s mass shooting at Bondi Beach in Australia.

techcrunch.com/2025/12/14/grok…



Kamala Harris this week made clear to potential 2028 rivals that she's working to keep another White House campaign viable.

axios.com/2025/12/14/kamala-ha…



I wish throwing $10 at my favorite authors was enough for them to afford to focus on writing and get their next book out faster. 😞
in reply to masukomi

If I am ever so fortunate as to become fucking rich, maybe I can do what rich people used to do and just pay artists to keep making their art and not worry about having to pay for a silly things like rent and food.

The world would be a better place if rich people re-embraced that old tradition.

They’re like “oh Michelangelo was amazing. “ but he could have never done what he did without rich patrons and they’re not willing to put up the money to sponsor the next one.

in reply to masukomi

unless it's their own kids 👀 in many fields of the arts, it's nepotism and money that allow the unpaid internships, expensive training, and specialized equipment that allows them to have that career. That cushy trust fund paying for a Manhattan apartment while they "get started..."

They don't care about the quality of the art or artist, just feeding fame to their children to keep their "legacy" going.






I would add that the decline of US manufacturing was a decision by the elites in order to bust unions. Service economies like McDonald's or Wal-Mart are much less unionized, and their employees are much easier to control. And non-compete clauses mean that you can't just go work for a competitor across the street if your boss treats you like s__t. #1u
#1u
in reply to RealJournalism

I never understood why so many labor unions endorsed Reagan. Talk about shooting yourself in the foot!


#introduction #reintroduction

hi

im astrid (she/her) [ca/en/es]

i live in the wonderful country of catalonia

i take photos sometimes

i also made some transit maps

i like trains very much

and rubiks cubes

i also like girls

i do silly stuff on the internet

i will meow at you

thank you for your attention

meow :3



Anduril Founder Palmer Luckey on the Decline of U.S. Manufacturing:

“I’m gonna sound like a conspiracy theorist. It wasn’t an accident or a failure, it was a decision by the elites.”

Palmer Luckey explained how the U.S. intentionally shifted away from manufacturing to a “higher value” service economy.

A decision that he says has handed immense power to #China and now threatens the current geopolitical order.

Despite all his talk, this is a trend that Donald #Trump is continuing. #1u




Just uploaded 20 new photos to my Flickr page: flickr.com/photos/stillugly/54… taken around Washington state. #photography


Whoa - no way she could raise her arm on command if it wasn't real hypnotism!

#monsterdon




RE: mstdn.social/@ukrdef/115719290…

If I'm Zelensky and I'm giving up one inch of territory I'd want instantaneous membership in NATO. A security garantee from the US right now is worthless.




On this week’s Full Scottish, Drew Hendry and guests, Stuart McMillan MSP and William Duguid discuss the week’s top Scottish and international news, including Gaza, Ukraine, Trump and Venezuelan, ECHR, Flu and the NHS, the UK economy and Scotland’s Energy.

The post appeared first on Broadcasting Scotland.



what a strange day - still can’t believe so many of you sent such kind messages (don’t worry, I am well aware there is plenty of hate in other places) - here is one of my favourite photos from Brighton last weekend - goodnight



The mystical doctor arrives - and he's brought the discount Liz Taylor.

#monsterdon



#HondurasVota2025 Adelanto del escrutinio electoral en Honduras está siendo "socavado", denuncia consejera #Politica #CNE #EleccionesHonduras2025 #EscrutinioEspecial #Honduras
👇 enter504.com/cossette-lopez-cr…



Linux devs have announced that they will be deprecating the wheel because "lol its old, why would you still be using that shit, unc?"


NSFW 18+ Nudity
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TODAS LAS DEMOCRACIAS EN CRISIS, ¿POR QUÉ ?
Era inimaginable que una buena parte de la población llegase a pensar que un régimen autoritario puede funcionar mejor que uno basado en las libertades y los DDHH. A los demócratas convencidos les puede parecer todo esto un proceso de involución, pero tal vez haya una explicación que nos pueda tranquilizar, tal vez a las democracias actuales les falta algo que han de desarrollar....
youtube.com/watch?v=xeiAYqB5OF…

#política #democracia






Tonight on #Monsterdon it's SHE CREATURE :blobastonished:

Woman scorned or maritime horror but with a lisp?

YES?

Either way I am sure it will be as respectable of women as you'd expect :blobcheeky:

Follow the hashtag or filter as you would!

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in reply to Shannon Prickett

That moment of smoldering eye contact the #Monsterdon creature just shared w/ the hypnotist was the most erotic thing to happen so far in this film & that's saying QUITE a lot
in reply to Shannon Prickett

I think the lawyer in that #Monsterdon scene is the only one who hit the scene's intended tone




youtu.be/nI2yzb3M-EM
🛑🇺🇸Trump’s GOP government plans to require social media handles, background from ESTA travellers sparks outrage (FRANCE 24 English VIDEO) #Ukraine #Poland #Warsaw #Netherlands #Norway #Sweden #Estonia #Latvia #Lithuania #Paris #Rome #London #Berlin #Canada #Finland #Brussels #Denmark #Germany #France #Italy #PACE #CoE #SouthKorea #Press #News #Taiwan #Media #Japan #US #UK #EU #UnitedStates #UnitedKingdom #EuropeanUnion #Czechia #Romania #russiaUkraineWar