The Irish Free State appointed a commission of bankers in 1926 who rejected a sovereign currency b/c of the "natural division of labor" b/w Ireland + Britain. (1st pic)
Sinn Fein founder, Arthur Griffith, explains how this "natural division" developed (pics 2-4)
"In 1800 England forced the Union upon a flourishing Ireland...Ireland was once more turned back from tillage to grazing land, and one by one all her great industries...were again destroyed or reduced to skeletons of their former greatness." - Arthur Griffith
"made subject to England's economic absolutism. Having thrice within three hundred years destroyed Irish commercial and industrial prosperity by force and fraud." - Arthur Griffith
"the Irish people are the one people on the earth to-day whose education, commerce and industry having been repressed, are held up by the repressors to the scorn of the world as a lazy, idle, poverty-striken and illiterate people." - Arthur Griffith
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Proud to release my first essay on Irish (global) econ history and its larger lesson on approaches to econ from international vs. nationalist perspectives.
Dangers of American Finance: Irish Revolutionary Attitudes Toward International Finance...
"Rebuilding..institutions requires first building new training grounds. These..include think tanks, educational establishments, magazines, & cultural influencers..not [for] reviving the lost center, but developing new ideas"
@MarkLutter "Key factors...include 1) raising the status of founders, 2) creating a network of mentors and advisors to help simplify the process, and 3) developing consistent funding streams to develop the successful projects." - @MarkLuttermarklutter.com/post/rebuildin…
@MarkLutter@nixops exactly the solution for our previous discussion on shifting people out of SF
Jack Dorsey made waves yesterday, as he took #BitcoinTwitter by storm to participate in the grassroots Lightning Network (LN) Torch campaign. Onlookers suggested that Dorsey is now fully “one of us”, but just exactly who is Jack Dorsey?
He is the world renown tech entrepreneur who created a social media giant and a widely-used payment service, that has enabled BTC. He’s a darling of Silicon Valley and a successful businessman.
He is also the avatar of censorship, especially of those on the right of the politics. Twitter has censored users to such an extent that it was part of his testimony before the U.S. gov't. Square / Cash App followed in banning “controversial” accounts too.
(1/44) The cryptocurrency bear market is disappointing but some fundamentals show optimism. The selling pressure might be pushing prices down (& a few up) but holistic understanding is needed in identifying insights
(3/44) The entire market lost about 11%, falling from $243 bn to $215 bn. However, when analyzing MoM, we find that the negative growth is diminishing. September saw -7% compared to prior months this year being in the negative double digits.