I have no doubt that we're going to have a repeat of the last cycle, along with a few new curve balls we didn't predict, wonder how the ETF bros will handle the rollercoaster, will be a first for them


Old enough to remember when %14 APY on your algo stablecoins was the standard, now its back with a vengeance and even crazier numbers

Lol it looks like crypto bros have amnesia and we've already put enough time between the previous blow up. If you weren't around for UST and #Luna, I recommend you pull up the popcorn, because if this #Ethena and eUSD #ponzi starts running, its going to be guaranteed fireworks

https://protos.com/ethena-offers-27-on-stablecoins-but-where-is-the-yield-coming-from/


Could always just mute mate, relax, you control your feed


I enjoyed it too, some real silly fun, but man the baddies South African accent made me cringe, its so bad lol


Best money I've ever had 😄


Lol whats next the faX machine?


Lol, maybe I will have to deal with it one day if I farm enough zaps


Hmmm thats strange, I set that up ages ago, thanks for letting me know I've updated it now


Lol I'd say get a diversified portfolio of pineapple and jalapeno farmer stocks, and maybe some cheese producers as a hedge


When you Ape'd into Bitcoin and suddenly you're oil money rich, but at heart you're just a pleb who feels completely out of place having that much wealth

https://m.primal.net/Heoe.mp4


Would be sick, people could set 1v1 wagers, they could have tournaments that distribute sats based on placements or have events where you win a bounty


Lol yes but java or react games don't have the same ring to it


Aaaaaand its gone! Vice goes from $5.7bn valuation to being shut down, life comes at you fast!

https://www.zerohedge.com/political/once-valued-57bn-vice-media-stops-publishing-and-nothing-value-was-lost


Lol I am used to my DCA going off at the top of the day and I've learned to live with it, I always keep a few speculative limit orders to hopefully smooth it out


Lol in due course!


Lol I take it you're not feeling the love?


Lol why are all these videos filmed in a car and not on the Bus or train? hmmm


Lol I didn't choose the bug life, the bug life chose me, ant that a bitch


Lol I have the urge to put this on a stick, pack my bags and walk away from civilisation for good


I am bullish on decentralised high score boards


Okay, serious question, how do we feel about a client where you can play flash #games in your browser, put up high scores attached to your #nostr account and even run #zap based tournaments?

Is this a thing? Can it be a thing? Why is it not a thing?

https://m.primal.net/Hejf.jpg


https://i.nostr.build/o9KW.jpg
#memes #funny


Beats that Gemini SGE results it was giving by a country mile


Basically a multi-sig with a rollup or a multi-sig with an oracle on a chain that no one cares about all with their own native token, and way too much marketing jargon.


Just got access to the latest version of #Google

https://m.primal.net/Hefi.jpg


Seeking support levels


Eyes on the prize


Lol Rekt!!!


My brain after reading yet another bullshit one paper Bitcoin L2 scaling solution pitch

https://m.primal.net/Heei.mp4


Lol im expecting hella zaps from euro bros when this thing drops


Depends who you sexing


Team work to make a dream work, really like where you guys are taking this, setting standards, the rest need to catch the F up


Dead internet theory just keeps getting bigger


Smells like Greenlight to me and I like it, I like it alot


LOL glad you approve I will patent it, CDCU is in full swing, we're coming for you Captain America

https://media.tenor.com/B58zSZi0mZcAAAAC/the-avengers-infinity-war.gif


Don't be afraid to comment either, people love engaging with posts they see have a lot of engagement


This is #Nigeria's second 100% devaluation in a year and as peoples savings are eroding, many are flocking to other currencies, #USDT and Bitcoin are the easiest escape routes available and its showing.

While the market price for #Bitcoin is now 82.2 million #Naira, on P2P marketplaces there are many bids as high as 100 million or more.

Yes Nigeria has reached 1 Satoshi = 1 Naira and the official market price will trend that way eventually. I never thought I'd see so many currencies making so many big moves, and I'm sure this is only the start of it, Nigeria, Argentina, Lebanon and Turkey were just the first act in the Currency Devaluation Cinematic Universe

https://m.primal.net/Hebz.png


I'm begining to believe


Are we living in a simulation or is Google starting to hire AI generated workers to work on AI

I cant! lol

https://m.primal.net/Hebq.jpg


Having smaller #UTXOs can become costly and if you've been DCA'ing on-chain or receive regular payments on-chain you might want to consider reducing your footprint by using coin consolidation

https://thebitcoinmanual.com/articles/coin-consolidation/


Lol 100%, now its just narratives and hot potato, guess where the cash flows go and if you generate enough in your favour you get added to some ETF and get constant bids for your stock


Lol in the filing they say their holdings are "immaterial" so keen to see how much they hold, business generates about 810million in revenue, wonder how much they will trade for if they get listed and if they use that additional cash injection to stack some sats


Lol who cares about a recession, the AI trade is on, 102 PE ratio and climbing, AMD trading at 348.29 PE and Intel at 108.07 PE what could go wrong?

https://m.primal.net/HeXq.png


#Bitcoin is at ATH
https://video.nostr.build/454655da6bbbae924402ea1f0ca2d18c8b1d1cfd48d91135592a246727eeffe1.mp4


Lol I stay far away from snow, and I'm in shorts year round so now clue what its like but it can't be fun


Lol can this next bull run just come and go, so I can get back to my default chill mode of #hodling through another crypto winter after ponzis go nuclear while my #bitcoin is safely in cold storage
https://m.primal.net/HeRy.mp4


Lol butthurt much?


Gradually, then suddenly

https://m.primal.net/HePN.jpg


Make no mistake, there are people keen to steal your #Bitcoin and they will do anything to trick you into signing over your funds. Fake Bitcoin wallet apps are nothing new but they continue to drag new self-custody Bitcoiners down

https://thebitcoinmanual.com/articles/fake-btc-wallets/


https://image.nostr.build/5d18992b2184f9bdebd6fc80a54e1ab201ded8385a6d1ebd07220870839c9766.jpg

#memes #meme


You have a point there, pretty much been their business model in retail, don't see why they can't repeat it in other verticles, wonder what Bezos will do with the money? Fund his space antics?


Maybe coz Amazon isn't balls deep on the AI trend like the rest of the tech companies that are suddenly all AI companies, what does AI even mean?


In 2012, Julian sounded a warning, what he called a watchman's shout into the night:

“Recall that states are the systems which determine where and how coercive force is consistently applied.

The question of how much coercive force can seep into the platonic realm of the internet from the physical world is answered by cryptography and the cypherpunk's ideals.

As states merge with the internet and the future of our civilization becomes the future of the internet, we must redefine force relations.

If we do not, the universality of the internet will merge global humanity into one giant grid of mass surveillance and mass control.”

He published this in 2012.

The censors are not just after Julian and WikiLeaks. The objective is not simply to suppress recent history. Julian's ongoing imprisonment has emboldened the censors.

They have turned their sights to the present, seeking the total control over the public domain itself. Our voice and our ears, our collective reality.

A world in which Julian is free is a world that will continue to build initiatives that that recognize what we're up against.

Free Julian, free us all.

My full Bitcoin Amsterdam keynote:

https://youtu.be/_66-eujGlxo?si=XfPvxnJtDLdGbONS https://video.nostr.build/349b651fae0ead94f44838045d5ec52d388c3a4233fc52494eaac38a6b09bed3.mov


Don't let the labels fool you, #ARC_20 tokens are not a new innovation, it's only another grift trying to get newbs to part with their money with a host of overpromising that will never deliver


I'm hearing rumours that South Africa's #JSE (local stock market) are looking into adding a #Bitcoin ETF of their very own. I guess since the US says its okay smaller markets will have to build similar products or see that demand move offshore to the US

Additionally local only portfolios have not done well over the past couple of years and these local fund managers are desperately in need of a product that can give them some upside and something that isn't tied to local conditions

https://www.bizcommunity.com/article/a-south-african-perspective-on-bitcoin-etfs-561520a


My guess is with so many mainstream advertisers pulling out of #Twitter, the gap for those views and CPCs are going to be filled with what was previously seen as grey advertising, expect a lot of gambling, CBD, crypto, pharma and even mental health ads along with the occational traditional scam hitting your unbluechecked feed

https://m.primal.net/HeEI.png


Lol meta protocol and faux layer 2 shilling are going to be the big grift of this cycle


Drop some links, so I can't sleep tonight


Lol hit them where it hurts


Maybe I am an unlucky one, but some of the updates used to fail and then i would have to debug and SSH into the node and clean out files using cmd line to get it to update

I'm in South Africa so we have a lot of power cuts, and before I had a USP getting back up and running sometimes was a pain, I had issues where I lost my channel back ups too (before Umbrel had a easy restore function) and I had trouble sync'ing it with my green and blue wallet

I switched over to start9 but now they don't support PI so I have to switch back to Umbrel, FML


Waiting for the first Kpop star to start shilling bitcoin, now that will be big


Nice! Can be a definite pain the arse to manage, but enjoy the learning curve, I'll had many a long night keeping my node up and running


I felt like that standing infront of the pyramids of giza, you telling me you did this rolling stones on logs, who you fooling man


Monthly reminder

https://m.primal.net/HdxE.png


GM all you bears who sat on the sidelines while the stackers were in the arena trying things

https://m.primal.net/Hdwx.jpg


Lol I literally wear shorts everyday, something is clearly wrong with me


Gotta love that free speech platform


A very small portion yes, the kruggarrand is a big novelty investment here but the average middle class person its probably real estate, local stocks and maxing your offshore allocation through various paper products and the majority will hold some sort of cash/cash equivalent, either by themselves or in a group called a stokvel


I get you, its totally rational what you're saying, I'm just already so black pilled man, watching the rand run from 7-20 and trying to stay above water, running a business, dealing with load shedding, its like we delay the inevitable, which I suppose is the better way to go than a hard transition, giving some people time to get out of rands.

Maybe we do take corrective measures here and there but it will always be on the margins, nothing can stop the debasement, I always come back to charts like this and it blows my mind, M2 just keeps doubling over shorter and shorter periods

https://m.primal.net/HduU.png

We always talk about Zim as the example of the final failure, as if its so far away but each year we creep closer. If it wasn't for all the value citizens generate here, we'd be further along, but the tax-paying public have taken it on the chin, I know this country has loads of resilient people, but damn they deserve more for what they are putting in every day

We can put the message out there, but ultimately everyone has to choose, and I think fiat is a tough drug to kick, took me years to get to this point, the journey of unlearning money and re-learning is a brain buster lol


I am divided on it, part of me hopes its just a grift and they will make up some excuse, focusing on Eskom and other much needed infrastructure could be the cop out but then the Bitcoiner in me is like go ahead blow up the deficient, keep financing another unsustainable project with money printing, just another death blow to the Rand


Don't take this critique to the head


Lol looks like boomers are going risk on, gotta extend that retirement runway


LOL so our government wants to provide free national health care, but it's only going to cost us 6.5% increase on VAT for all goods and services or a 31% increase in current income tax, no biggie, its free and its for the greater good

https://dailyinvestor.com/south-africa/44702/every-south-african-worker-will-pay-a-tax-of-r18780-per-year-to-fund-nhi/


Lol for sure, US funding and US LNG shipping, oh and suddenly the homie Norway is connecting new pipe lines into poland how'd that happen?

Anynoe who wants a free look at the article

https://archive.is/X1Grh


The mental gymnastics in the #Ordinals space will never cease to amaze us and Teleburning has to be one of the silliest concepts yet

But here we are

https://thebitcoinmanual.com/articles/what-is-teleburning/


Me walking around with my seed phrase in my brain wallet

https://m.primal.net/Hdmp.mp4


I hide them from myself because I can't trust myself around chocolate


Me looking at my signing device

https://media.tenor.com/jka7FTmvdZEAAAAC/boromir-sean-bean.gif


Lol is there a nostr ETF i can buy instead of holding real notes?


Lol guess I'm out, commenting via my macbook, yes I am a spook


Wanna bet? Fixed float got rekt yesterday, custody providers aren't foolproof or rug proof


What to do when the internet is out?

https://media.tenor.com/VJs-K-h-fMEAAAAC/kazakhstan-sacha-baron-cohen.gif


Lol and you get people telling you just get a bigger candle it will solve the problem


Damn, for real? Big city life is clearly not for me, I could never afford it, thank goodness for remote work and outsourcing

I am all for minimalism, but dam at least give me a place to poop far away from where I eat.

I am by no means the tallest person ever, but I don't think I could do it, i'd slip right out one of those windows either by accident or on purpose


Lol, this is what $800 - $900 a month gets you in Tokyo, seriously? I'd rather commute and stack sats!

https://www.youtube.com/watch?v=YEehwwTEJP4


and you pay Blackrock a fee to look after her


Good morning!

https://m.primal.net/Hdix.jpg


Lol now thats a tesla bot


What seems like an endless supply of bad ideas continues to push out new ones, and the latest iteration in #BRC_420 tokens is no different, metaverse or not this is still just random data stuffed on-chain

https://thebitcoinmanual.com/articles/brc-420-tokens/


Its about that time where a lot of failed projects from the next cycle start to bag their funding

https://m.primal.net/Hdit.jpg


Lol we all have our vices


Swapping Service #fixedfloat has bottled their security which saw them lose $26 million worth of Bitcoin and Ether today. Since this is a swapping service, their shouldn't be customer funds affected, only their company liquidity.

Checking the #Txitter rumour mill, claims are it was an employee that jacked their funds.

Be careful out there, as the relative purchasing power of your stack grows, so does the incentive to wrench you! What worked as security in the past, won't work as well in the future.

https://cointelegraph.com/news/fixed-float-confirms-26m-exploit-bitcoin-ether


Lol if you don't throw your back out stamping your seed you're not doing it right


Lol you either become the Qanon member or you have a healthy relationship with technology


Me on my way to re-do my seed phrase with freaking lasers lol

https://media.tenor.com/p5I53-BcGkgAAAAC/obi-wan-lightsaber.gif

nostr:note1yjgv7cy0u6cjxjtdpe7rdytyp46ywee9dkxz49ldmphtguq59zzsl47u4y


Gotta stack em all


I appreciate every cheap as chips transaction I get these days, coin consolidation done and I am a happy happy hippo, if you were waiting for cheap self custody, now is your chance!

https://m.primal.net/HdZy.jpg


Lol so you'd rather support the complexity of multiple different nodes that aren't interoperable, as well as tokens like stablecoins that live on multiple chains so you have to consolidate your own internal balances at all times, but a protocol the average person can run is a ball ache, yeah right


Its kind of funny how this dedollarisation is playing out, BRICS+ plus countries are trying to get away from it, Egypt and Nigeria seem ready to reduce their dependance on USD, but at the same time the offshore dollar market in USDT has never been bigger

Who do you think wants those dollars? Surely not people in dollarised countries.

https://watcher.guru/news/brics-egypt-officially-ditches-us-dollar-for-trade


It's two sides of a coin, and to a fiat normie/nocoiner they can't tell the difference

https://m.primal.net/HdYZ.jpg


LOL and that we're boiling the oceans to fund hostile regimes


Lol terrorists are going to be funding each other via zaps, I can almost feel that headline writing itself


Lol what is 500 trillion anyway? Those are rookie numbers!


This meme slaps


People we don't like are buying Twitter blue subscriptions and spreading their narratives online so therefore Elon is funded by terrorists

https://www.bbc.com/news/business-68297121


Boomers will be tempted to take profits, 10% annual returns alone is going to push them outside their preferred allocations, so I expect plenty of corrections along the way


Damn #coingecko must be down bad if they're putting in unmarked ad placements in their listings, wtf is this?

https://m.primal.net/HdQl.png


I'm sorry sir, please keep your BTC backed IOU trading to working hours, we thank you for our business, and if you have any further queries, please contact our support staff during normal business hours


Looks like we're losing momentum for now, NOK and SEK are safe for now, but we're coming for them. Pretty sure we'll break 1 million in those currencies in this cycle


Major pain, but she became an influencer out of the whole thing so maybe she made some of it back, i see her videos are sponsored now


Thanks for the tag, always appreciate it

Oef, this looks rough, I don't think many people are able to understand the fall out of these numbers and the downstream effects, I wonder how much pain they will let the average person feel before they break out some new alphabet soup program as code for printing money


The flippening happened sooner than we all expected


Damn. https://image.nostr.build/c1ab2ffb989eaf8fec757a840ade4fe46ca51971f7385277ea33c18c6258188a.jpg


#CelsuisNetwork has started paying out customers and guess the smaller your bag, the less pain you felt, and hope that everyone learned a valuable lesson in self custody if anything else

Just saw Tiffany Fong drop how much she got back, she had 3.116678 Bitcoin, a damn multi-coiner, and after the payout, she got 0.55 BTC back, ouch, still better than zero though

https://m.primal.net/HdHx.jpg


For sure, especially if you're a brand or a celeb.

I remember reading an article once on how much facebook and google and sites like netflix had to pay for all their local domain versions and the legal battles of getting them, I guess that's just the cost of going business, might be expensive, but it saves you brand damage and loss of customers


Lol glad it all worked out in the end


Probably could help, but theres so many variations they would need to buy, and how much return would you get on that?


Spoofers going to spoof, watch out zappers!

https://www.psacramento.com/domain-spoofing-mutiny-a-web-based-bitcoin-wallet/


Lol pushing for 58k gang


Drop a linky when its live, :)


Lol pioneers in the grift and more will follow, good luck to those people who think they rediscovered bitcoin


If you're thinking of adding an extra layer of security to your single sig wallet, a passphrase is an option, but beware of the pitfalls before you decide to use this technique

https://thebitcoinmanual.com/articles/btc-passphrase/


Reading nonsense like this just makes me want to barf out loud, this layer 2 grift is going to be the scam trend of this cycle, be ready for poorly build bitcoin bridges and rollups with a token claiming to be L2s for Bitcoin and rugging a whole new generation of noobs

I'm calling it here already, don't say you weren't warned

https://cryptoslate.com/tron-founder-unveils-bitcoin-layer-2-solution-as-btc-defi-breaks-1-2-billion-in-tvl/


Lol just meet people the old fashioned way, by standing in the fruit section of the store and ask if anyone has tried cotton candy grapes


POV: Me trying to console all my #nocoiner and #normie friends that are butthurt because #Bitcoin is pumping and they spent a year missing out on 150% gainzzz bro

https://m.primal.net/Hcxs.mp4


Not your keister not your coins


Thanks for the tag 😉


Isn't that chart only based on S&P?


Screen shots please am I missing something?


Sounds like we're going to be in for a fun time, loads of governments are delaying the announcement, but I'm pretty sure October 23 is when most of the larger economies hit recession


JPY already broke ATH its at 7.8 mill, last ATH was 7.3


Bitcoin hits cent sat parity on my local exchange, only R60k more ($3200) to go to break the local all time high, the Rand has lost 30% of its purchasing power since the last time it broke 1 million in South Africa

Looking forward to seeing new All time highs around the world, looks like Swedish SEK and Mexican Peso are next on the cards

https://m.primal.net/Hcwp.png


Looks like leverage is starting to pick up, nowhere near meme stock 2021 levels but still pretty high, wonder how long this can go on before a mass deleveraging

https://m.primal.net/HcwS.png

https://markets.businessinsider.com/news/stocks/stock-market-positive-outlook-meme-stock-mania-red-flag-bubble-2024-2


If you've been wondering why these #BRC_20 tokens are so popular with #degens, then you should familiarise yourself with their new arbitrary concept of "fair mints"

https://thebitcoinmanual.com/articles/fair-mints-brc-20-mania/


I said what I said

https://m.primal.net/HcrA.jpg


LOL normies don't know how to factor in inflation but yes around 1.3 would be a purchasing power parity ATH, but I will take this small victory, while the hooome oooners and rental stock folks get rekt on a repo rate showing no sign of coming down.


CPI coming in hot at 3.1% and I guess the market just can't wait for rate cuts and any news is risk on as people try to beat inflation, rate cuts probably pushed out to Q2, and when it comes boy oh boy is it going to get frothy AF

https://www.reuters.com/markets/us/view-warm-jan-us-cpi-reinforces-that-inflation-still-outside-fed-comfort-zone-2024-02-13/


Imagine what would happen to all the roads


Lol and then still gets front run by MEV bots when they sell said shitcoin on secondary market


#Afcon players from the top 3 teams managed to bag 1 Bitcoin each or more based on their finish, not bad for a months work. Lol wonder if any of the players will actually convert some of that into sats, football is a very short career

https://www.bbc.com/news/world-africa-68286543


Lol sooooppppaa cycle


Argentina just know how to use Number Go up technology better than other countries


Anyone know what happend to the new demand for block space, the saviour of the security budget? The breaker of chains? lol

https://m.primal.net/HckQ.jpg


LOL indeed it does, glad I am not the only one stuck between the sheets and zoom meets


Crushing Price Index

Episode 855 of Bitcoin And . . . is LIVE!

Topics for today:

- CPI Worries FED
- Thiel Buys More BTC
- A One Month ETF Review
- Lightning Loop Sweeps
- Mostr Bridge
- New Nostrudel is Out

#Bitcoin #BitcoinAnd $boost

https://fountain.fm/episode/OPNpzouEXFbR094xoVCD


Lol I always used to see them when we went on road trips and my game boys battery died


If you like to get your Bitcoin info distilled by your favourite influencer, watch out regarding their motives as they will quickly pivot to throw you under the bus for a quick buck

https://thebitcoinmanual.com/articles/pivoting-btc-influencer/


The wait is over.

Introducing umbrelOS 1.0, and the new, upgraded Umbrel Home.

umbrelOS 1.0 is a complete rebirth of umbrelOS, engineered from scratch for unparalleled stability, UX, and security.

Rolling out on March 18, 2024, for our Umbrel Home & Raspberry Pi users. And in April 2024 for our Ubuntu & Debian users.

The new Umbrel Home? It's supercharged with the new Intel N100 chip, a faster 16GB RAM and a 2TB SSD.

It's a powerhouse: 5x faster vs Raspberry Pi 4, 2x faster vs Raspberry Pi 5.

We're excited to introduce it at just $399 / €369 / £319.

Shipping worldwide starting today.

https://video.nostr.build/03796bba17f95803a374a62be016c9ff8f660f64586bfae42590fa71ffa09718.mp4


Lol too poor, I'd rather stack sats


Lol this is how the average blue check thinks

https://media.tenor.com/g_A4grtscqYAAAAC/dumb-stupid.gif


All these controllers but you choose to play with my heart

nostr:note1kt8yct405ed5pc7czuxpalzrnll2qpm9xcs7s0d766n5tejg7j9smhstuh


I'm pretty happy being the idiot, whats really going to bake my noodle is when they flip on this and say I only got lucky as if I didn't work my ass off to stack these sats and take a lot of flack for it


Lol way better morning view than the excel sheets I am used to looking at


I can't be the only one who is seeing their satoshi stacking goals run off into the distance with another man/woman and leaving me broken, alone and marginally fiat wealthier

https://m.primal.net/HcXf.jpg


maybe one your relays went tits up


Oh hash rate please don't be high...


Lol if its not on the same relay does it count 🤣 🤣 🤣 🤣


New on noogle.lol

Searching for notes of people you follow just because way easier. When logged in, noogle will use your following list to suggest npubs in the advanced tab.

https://video.nostr.build/3df3285c1144c643719301c9bc3031c1425d79dadffac079dd094d5a96b3f67d.mp4


Look at that drip


Lol this is my life and yes I have no soul


Lol stop inflation everyone go to OMAD


Lol number go up technology wouldn't be the same without trusted and reliable inflation


Going to be interesting to see if there's going to be a decoupling, breaking out of the Euro will be a massive move, and I would imagine very complicated, I would imagine those that are loosely tied to the EU but have their own currency would be the first to break ties and then go from there.

Everyone for themselves, I suppose, If DEXit happens you can be sure the Euro inflates like crazy to plug that gap

I think the weight of the EU wasn't felt before due to cheap energy but now that this is over, its hard to justify this big bureaucracy


Use your noodle instead

https://www.youtube.com/watch?v=XKQZWt5etbs


Lol its not food its an experience you just happen to involve your gut in for some reason


Now you still need to add the farmer protests and the migrants flooding in across the EU, as well as Germany being the some subsidising the rest of the EU in the bond market and you've got a real recipe for all sorts of craziness, not to mention the war taking resources as well

Something has got to give, and my guess is the Euro will have to baulk under the weight


As a Bitcoin miner, you no longer have to go along with the crowd that is your mining pool, you can start to signal to the market what you consider the best way to construct a block by selecting a template that suites you

https://rb.gy/yg3psc


#Germany has taken a battering due to inflation and the cut off of cheap gas from #Russia and the effects are starting to show with nearly one in 10 companies are planning to permanently halt production processes, this level of deindustrialisation cannot be good for a country, its citizens and morale

To German plebs can you confirm? Whats going down in your part of the world?

https://archive.ph/usaOc


Have you seen the new shiba inu ad? it makes this look oscar worthy


Lol you be going deep on em


I still have a car because our trains don't work in the city and public transport is hardly safe, I would love if it wasn't the case and I could use public transport i've done it in other countries and I was always jealous


I can't help myself, Putin #nocoiners in their place

https://m.primal.net/HcKL.jpg


Managing your Lightning nodes capacity can become a pain, especially as you grow your nodes footprint with more channels, so having a way to signal that you're in need of a little inbound, can really come in handy

https://rb.gy/jdaqjc


Inflation at its finest: https://image.nostr.build/2895f5002de41db23fbc80d8bdf3e687d0d3f032151f4d5181bedfdc8bcd01f2.jpg


Lol a lot of people have become millionaires over the last 40 years for sure


Lol too many people are drinking the brawndo

https://media.tenor.com/LumYDN-V_DAAAAAC/thirst-mutilator-brawndo.gif


Lol Sam wants to raise like 20% of the US annual #GDP for a new company? Am I losing the plot or are dollars just losing value faster and faster that people can talk about Trillion dollar raises without blinking an eye?

#NVIDA is almost at $1.781 and is worth more than the entire stock market of various countries, and yet people think Bitcoin is the bubble chilling at under a Trillion

Oh well maybe some of that chip manufacturing makes it into #ASICS

https://www.cnbc.com/2024/02/09/openai-ceo-sam-altman-reportedly-seeking-trillions-of-dollars-for-ai-chip-project.html


LOL its only fiat, the numbers don't matter


LOL i used to work for a travel agency and this is so spot on, but man has it got worse post covid


LFG!!! Wholecoiners are almost millionaires in South Africa, not that it means much but still nice, at least it makes sat conversions a nobrainer after it breaks the million


I am 100% with you on that, the last time it was this high locally, BTC was hovering around 68k USD, as our currency shits the bed against USD we see the signal earlier, just encourages those in other countries to front run the action


Top stuff!! You win


Lol you sure about that?


Flying sucks https://v.nostr.build/MBn4.mp4


Bitcoin is 9% away from its all time high in my local currency (South African Rands), fast approaching 1 cent - 1 Sat parity

https://m.primal.net/HcAO.png


The first nostr bridge with the fediverse is a small step that hopefully brings users over from federated social apps into this ecosystem and who knows how far it can go?

https://soapbox.pub/blog/mostr-fediverse-nostr-bridge/


GM!

https://media.tenor.com/dZax-H5QszYAAAAC/gm-good-morning.gif


Consume more product, or the economy will die


Damn that just makes home invasions a lot more profitable, if you know you can bank 6k minimum, and I doubt there's enough physical cash in the system to even do it in the UK


Don't even bother, I wasted a day reading their bullshit marketing and its not worth it, not one bit


Lol thats because price is up


#bitcoin party when it pump 😃🔊

https://video.nostr.build/1bf52c4e0b01cc10c5a0d0ca9f1cab483026a9bf3a13f8434f8c2b21b6048fa6.mp4#m=video%2Fmp4&dim=512x768&blurhash=%5EdFPHoRPNaS%23WAkWDNofWBfkozkByskXnNson%2Boft%2CNGniogn%24ofozenkCR*oMkCxvxvV%40X8aybbt7WBaeofWBoftRWAf%2CjYWUoft7oga%23j%5BbGoM&x=71e8ad64befacbf3f58aa9a4b1680b358e55eab0aebe5c1a02dc2831ce742e8f


Lol Just eat it, realise how underwhelming it was, feel disappointed in yourself and clean up the damage over the next week


I'm always interested to see what the developed worlds experiences is like and I always get the same feeling that the average person doesn't realise how far things can go, the gradually phase lulls you into a false sense of security and this is normal, thats why the suddenly part screws people over so hard, well those that don't see the warning signs and prepare for it


Lol just an echo chamber to shill your favourite ponzi


We tend to take things to the extreme, having lived under apartheid and African socialism, I can say people have no appreciation for nuance and middle ground


If I see another "we are a Bitcoin L2" but we have our govern token pitch I am going to completely lose it

https://m.primal.net/Hbpz.jpg


Geez 20 cents a kWh is bleek, how is that driving inflation in your area? Surely businesses need to factor this into pricing

Won' be 3 cents forever once they get fully sync'd with the grid, so maybe they reduce the size of the operation and remain as a demand response opp, but for now, milk those rates for 6.25 BTC


Looks like new BRICS members are going to be part of industries China wants a finger in but doesn't want it on-shore.

Chinese based Bitcoin miners are showing up in #Ethiopia to monetise the cheap hydro the country has set up, but has yet to fully complete, its a lot of trapped energy for now and seems like a great opportunity to stress test the system while the roll out continues

https://techcentral.co.za/bitcoin-miners-flood-into-africa/239363/


Who would have thought give us your DNA and we'll give you some nonsense vanity metrics wouldn't be the next big business, looks like a solid rug pull to me, 93% down since 2021 absolutely rekt!!

https://m.primal.net/Hbgi.png


Never skip glutes day


Lol healthy at any size, no need to argue with them, they won't be around for very long


You know whats better than having a higher fiat value? Having more sats!

https://m.primal.net/Hbel.jpg


Bitcoiners, relaxed, staying in their own lane and flourishing during a crypto winter

https://m.primal.net/HbeH.mp4


Why have a green dildo when you can have the real green ting


LFG!!!


Phantom Nodes are fake Lightning Network nodes that don’t exist but pretend to handle your transactions without revealing your identity as your funds are passed on to the correct destination

https://rb.gy/c9n32a


It's crazy to see it finallly playing out and I've been thinking this for years I guess things only correct when it will inflict enough pain, but man watching the layoffs and people shutting down their businesses is nuts, people will have to learn to calculate risk and many of these businesses were a drain anyway or just grifts, scams or nonsense, taking out the trash is good for any system


Lol he defeated himself a long time ago, those organs are holding on by a thread


Clearly there is a hunger for alternative social media, #BlueSky smashes 800k users after opening up to the public and #Mastodon is already on 8.7 million users, when is nostr going to get some of that sweet action?

https://techcrunch.com/2024/02/07/despite-outages-bluesky-gets-nearly-800k-new-users-in-its-first-day-open-to-the-public/


If you thought BRC-20 tokens were annoying and silly, you're probably not going to be a fan of the proposed upgrade either, especially when there is nothing to improve on

https://rb.gy/g2ihes


Lol just brush your teeth manually FFS, then you won't need to worry about your tooth brush getting a Dental Denial of Service (DDoS) attack.

https://www.zdnet.com/home-and-office/smart-home/3-million-smart-toothbrushes-were-just-used-in-a-ddos-attack-really/


The backlash against inscriptions continues, but is that a good thing? Will Inscribers take it lying down or will they come up with something even more resource intensive and annoying

https://rb.gy/tbuydp


For sure, anything that encourages hash rate distribution, smaller more flexible miners to me is a good thing it gets Bitcoin into different parts of the world, different economies in different stages of adoption and can have many positive effects for the network


Absolutely, you want the local community on your side you want to add value to the area, create jobs, not just be a pain, like I said I don't know the details they could be awful to the community, I am just thinking how this type of experience can be weaponised to undo a lot of the good work mining companies are doing to integrate in other regions


I don't live near this operation, so I can't speak about how bad it is living next to a mining operation, but these examples are the type of things that get the normies fired up against #Bitcoin

To be honest, I don't mind cry babies trying to push mining out of the US, distribute the hash rate and let it end up in places it is valued the most

There are hundreds of countries that would value Bitcoin miners investing in their energy infrastructure and hashing all day long

https://www.nytimes.com/2024/02/03/us/bitcoin-arkansas-noise-pollution.html


Lol Lets see how much their so called privacy is worth when you get demonetised


Absolutely, and even if they have certain anti-gov opinions it means jack shit if you're going to continue to be subservient to the state. Same for all these people on some sort of assistance, like NSFAS students, SASSA grants and shit.

I used to get mad at these people when I was a normie, but the way I see it they are going me a favour as they weigh down the state, it forces them to print more to cover the difference and it just juices my Bitcoin


Very cool to see the grass roots movements, I think its falling into the right places first, and the outsized benefits will show if they stay the course, compounding is one of the great wonders of the world


I've seen a few of these reverse mortgage companies popping up in the US targetting boomers, I guess it makes sense for the EU too, loads of boomers who were mostly in bonds and bet the farm on their property and will need cash flow, horrible product though, but some will fall for it, instead of admitting they need to downsize


I kinda get that impression too, I've been around Western Europe and have family all over there and boy do they love their big government and brag about the programs while sweeping the downstream effects under the rug, its only when your standard of living starts to shit the bed do you realise the cost you paid and some are slowly starting to realise it but the most just are blaming Putin lol


I would agree to an extent, there is a large section that knows you don't worry about the government, but there is also a large portion that do because they are government employees, many of my family are teachers or work in the city and the amount of cope they spout at the same time claiming they hate government is hilarious, captured cucks the lot, I keep telling them come to the private sector but they know they can milk the state for no real effort

LOL absolutely, nothing a R50 admission of guilt couldn't fix, but I guess its not R50 anymore due to inflation


I 100% agree with this, lol I've tried to explain it to EU mates of mine, that I enjoy the freedom via government incompetence, you can easily get away with not paying taxes for a couple of years, wait it out and pay them back with  cheaper currency. And even if they are on your case with something like taxes they are so willing to settle at a smaller amount just to get this checked off

Peru's currency is still relatively strong compared to other nations in LATAM so how is adoption going that side?


Hasn't stopped a minority of people still getting some, reports say its around %2, besides Egyptians are pretty used to regime change from time to time. I've spent time in the country myself, and you can see how far the place has been hollowed out


I don't disagree with that, here in South Africa Bitcoin penetration is relatively high but most people don't take self custody and all local exchanges report your data directly to SARS our tax institute

I think these painpoints are good for hardening the base of Bitcoiners and forcing them not to trust companies


Lol so they think this is an easier way to get people to KYC? Or offer it as a bridge because the orb thing was a bridge to far?

So where does the blockchain stuff come in? Just payments and tipping?


If you are a #Ledger wallet user and you're wondering what the fuss about the Ledger connect hack was and if it affects you, we've got the tea

https://rb.gy/2w0arm


Ah I see so its a just a natural progression, so how are ES plebs getting sats? Peach? Robosats? Just buying stable coins and doing a swap out?


Give them bread, boobs and circus


I suppose, but if it were me and I had other responsiblities, id rather try to work out a payment plan or something to satisfy those obligations and hold on to that Bitcoin until I can plan the next move.

I don't see how this ends with just oh people with outstanding taxes, especially as the amount of value in bitcoin grows, if theres several trillion in Bitcoin, you can be damn sure politicians will be licking their lips thinking how they can get at it without adding value


So is warps the shitcoin? What is that? Lol damn dudes already got 40k followers, how does that even happen if this app just got started?


Lol I didn;t bother checking it out but from the article its build on optimisim, but why would you need an email if its blockchain shouldn't you sign in with your meta mask keys?


I wonder how they go after self custody Bitcoin that has been KYC'd going to be a pain to go after people individually, would be easier to take their other assets instead


If they can grow a large enough they could shove it with ads as a revenue model but i doubt it and shitcoins are a way easier method to extract value, only a matter of time in my opinion


Lol I wonder how long they can resist not loading up with a shitcoin, I would assume these early $5 sign ups might be a list for an airdrop once the momentum of it slows down

But lets wait and see


Looks like the #shitcoiners have their own social media app...AGAIN, I guess friends.tech failed and is just another one to add to the list with nonsense like #Bitclout

Now the hype is all around #Farcaster, lets see how long this one lasts

https://decrypt.co/215856/what-is-farcaster-ethereum-crypto-twitter-alternative


Yet another reason to take self custody of your #Bitcoin, so the Spanish treasury will be granted the power to seize crypto assets when executing taxpayer debts, I guess they'll be targetting those funds on exchanges, so having a P2P stash is starting to look like an even better idea isn't it?

Spanish plebs can you confirm this story?

https://protos.com/spain-can-soon-settle-tax-debts-by-seizing-crypto/


100% savers versus debtors and it forces everyone to jump into assets of any kind, what I am keen to see is how long they can keep it on the savers side due to to the fear of inflation which can drive a lot of unrest if its to fast and is not a controlled demolition of the currency


Lol don't worry his not homeless in the metaverse


🤣 🤣 🤣

I've been sellin' my soul, Tweeting' all day
Overblowing a shit song that was bullshit and ghey


Then a lot of people are getting rekt or in the process under these rates


Lol if you have sats you supposed to be pro EL Salvador anything, stop asking questions. I learned the hard way when I asked where the Bitcoin is theyve been stacking and got radio silence


A combination of both, valuing ease and convenience above anything else


Wait, who is going to tell him?


Will build my own when i get to 5.18 BTC


Thicc!!!!


It could be the case too, as if hosted mining worked out so well for people, ask compass mining clients


Buying the JPEG enters you into list to purchase a "discounted" ASIC S9 for $1995. You will then have the ASIC shipped to you and you have to run it and burn your own power, apparently they partnered with Luxor, also holding the ordinal they promise access to future nonsense, its just a mining rig retail operation with overpriced extra steps, its just silly

If you want to read about it the CMO dropped the breakdown here

https://www.degenreports.com/p/hashlings


Thankfully Bing is still offering the service, Google is really desperately looking at ways to cut its costs without affecting the primary product and they think its not going to push people away


Never ceases to be mind blowing, I wonder when transactions like this will be seen as peanuts as the value held in the network grows lol, I'm waiting for 100 bn moves


I always tell people if you don't believe me drop the sugar for a month and see what happens, you either find out i'm right and you feel better and lose weight or you stubbornly stay obese but can claim I am wrong


If you got rekt using #CelsiusNetwork, all is not lost. You will be getting a partial payout this month and perhaps its a good time to learn how to self custody and repeat the same mistakes

https://rb.gy/v8lqoi


Yeah I deleted it lol not worth the sat drip my phone blowing up just do listen to stuff I can in my browser


I haven't seen season 3 yet but its on my list, and I agree, if you don't watch this show, the below applies

https://pbs.twimg.com/tweet_video_thumb/GCSTZGKXEAAaioQ.jpg


When I first started back in 2016 I went down the shitcoin route and actively looked for all these small caps, rumours in discord groups and more, lol people looking for impossible alpha tend to find this content, theres also twitter spaces, theres specific ad networks for serving ads, there's influencers big and small shilling theres plenty of ways to find yourself in the funnel

And the complexity of it all makes you feel like you're getting in one something revolutionary


Top lad


So no one actually lives in them then? I've heard most Chinese investors don't want to bother renting it out, they just want to park money that would otherwise have been lost to the CCP so better off pumping real estate in the anglosphere.


Not sure about fixed rates, but there are 30 year mortgages in EU countries


Lol I own so much real estate and art....in the metaverse, its generational wealth


Shitcoiners and nocoiners when they finally realise that #bitcoin has outperformed any of their investments and strategies

https://m.primal.net/HadW.jpg


I always enjoy reading articles like this and watching the mental gymnastics at play, economy booming but tech, finance and media are doing massive layoffs

The so called boom is the stock market which is basically run by dumb money flowing into ETFs and as long as theres enough people funding their retirement through this vehicle there will always be a buyer and price insensitive liquidity

People are also borrowing more despite the higher interest rates, to maintain their lives so that new credit creation flows into companie revenue

https://www.washingtonpost.com/technology/2024/02/03/tech-layoffs-us-economy-google-microsoft/


Oh and I just checked the rates, so is AU mortgage rates 6.8% with the term 30 years, so you telling me the buyer ends up paying 13 million in the end? Good grief


LOL what the actual F? For comparisons sake, The Western Cape is the only province in South Africa where housing prices continue to rise due to semigration, and this is what you could get for around the same price

https://www.property24.com/for-sale/bantry-bay/cape-town/western-cape/11013/113744197


Lol i came here to ask the same thing, great at united sadly for me he was shite at Arsenal


Pricing out deflationary forces, only adds to more inflation until something breaks, and the currency will have to be the fall guy. I've got some clients from AU and they're all too happy to outsource to me in South Africa despite the time difference just to save a back and remain competitive


Well you're advertising that you don't know what to do with your money


I would encourage you to check out YouTubers who focus on this type of investment theres a few like block runner, Francis Dhun and look at the comments, you'll be surprised to see how dumb these people are


The end game is always exit liquidity for the venture capital backed businesses and early investors, the normies just believe the narrative that the meta data they embedded in the gain will appreciate in value over time due to some promised utility like this BRC-420 tokens you can "use" on certain metaverse apps, its all so nonsensical even when I explain it I cringe


Here we go again, BRC-420 nonsense metaverse tokens clogging up the mempool, oh well this too shall pass

https://m.primal.net/HaYU.jpg


If you're one of those people who had to learn the not your keys not your coins lesson the hard way by leaving your money with #Celsius Network, they are now emerging from bankruptcy and will be distributing #3 billion in funds

You should receive an email with instructions and a claim code over the next two weeks.

- If you're based in the US, #PayPal and #Venmo will be your processor
- If you're based outside the US, it will be #Coinbase

If you don't have an account with the processors, You will need to sign up with the same email address as Celsius and KYC with them

Good luck claiming your lost sats or some of them and get your self custody in order

https://finance.yahoo.com/news/celsius-emerges-chapter-11-commences-231800171.html


Lol I tried making it once the juice is not worth the squeese


I think I found my next bitcoin node building project inspriation

nostr:note1f80tawzk8r2yz5xtfdz8cp8nh7ax02e9t0gldy6zny5h86qphgtssxg7h2


My favourite so far has to be Shin Godzilla


Have you checked out the latest one? or should I say minus one


Un-hoe-sted wallets are for criminals


Stay wet out there

https://media.tenor.com/YlHm1D_56TAAAAAC/chug-water.gif


LOL we love doing things in the hardest possible way, no exceptions


LOL for sure, I was one of those who had startOS and then ran into issues and they told me bin the pie is the solution, like come on guys I am really trying here


Lol its a labour of love


Me taking self custody of my money, running my own lightning channels, my own nostr relay and home server

https://m.primal.net/HaWW.jpg


 Su Zhu and those that fund him are clearly highly regarded, they didn't learn from the massive failure that was three arrows capital and gave him a second chance to trade the bankrupsy claims his previous company created and this also flopped

Nature sure is healing

https://forkast.news/opnx-exchange-to-cease-operations/


Lol I wonder if peacocking ever worked? Was there ever a time women got dick picks and just lost it like take me now please, where does the idea that these pics are a deal sealer come from


IT'S GETTING WILD 🔥 RECEIVE ECASH VIA LIGHTNING ZAPS - NO SIGN UPS - NO ACCOUNTS - NOSTR NATIVE - FOR EVERYONE - BY nostr:npub1mhcr4j594hsrnen594d7700n2t03n8gdx83zhxzculk6sh9nhwlq7uc226

⚡ <npub>@cashu-address.com

1) Go to https://cashu-address.com
2) Log in with your Nostr extension to see your wallet
3) Set your address on nostr and receive zaps by shitposting harder ⚡
4) See the nuts appear 🥜
5) Claim them with a Cashu wallet

https://void.cat/d/Ka9rYPrWeRdtfe6fsM6soe.webp


I habe this on my list when I saw it was from the writer who did law abiding citizen, no spoilers please


POV: Crypto degens hoping from ponzi to ponzi trying to secure the alpha
https://m.primal.net/HaPh.mp4


Lol at least we get a free seat to the circus


Lol they finally deployed Zuck 2.0


Looks like the Zuck has realised wasting money on the #Metaverse and threads was a mistake and didn't do much for shareholder value, so what do you do when your product sucks?

Pump the stock with bribery, Facebook announcing dividends now at $0.50 per share and launching stonk buy backs.

https://m.primal.net/HaPP.png

--

https://www.bbc.com/news/business-68175778


I felt that on every level


Happy Birthday, wishing you many more


Someone was always going to try and add a token to #nostr or bring tokenisation to the ecosystem. If you want open protocols that are censorship resistant you will invite shytecoiners trying to use it to degen, an occupational hazard I suppose

https://thebitcoinmanual.com/articles/nostr-assets-rocky-start/?utm_source=nostr&utm_medium=social


Sigh, people will have to learn the hard way but I am happy to pick up the dumb money and vc sats when this thing goes royally tits up


Lol time to buy more jades


Lol you will eventually get the benefit of it since my wallet will be a burn wallet


I'm so hoping for the pay per sat model to take off, it makes so much sense, its silly to ignore it but hey having the fiat systems incentives trying to get one over on the other is hard to break


Lol for real, everytime I move funds on-chain i get swamp ass from the sweating and never get used to it


Lol there is no solution only trade offs, mine is going with my bitcoin dies with me since none of my kin are interested in learning


And then the personal responsibility hits you like a tonne of bricks

https://m.primal.net/HaFn.jpg


Keep your S9 under the floorboards and build them into products like your water heater LFG


If you are an operator in the bitcoin mining industry in the US it is imperative that you ignore this survey and tell the EIA, the Department of Energy, and the current administration to fuck off.

Here's what they have in store for you.

https://tftc.io/eia-bitcoin-mining-survey/


Lol yeah or you're kink is being bashed, I try not to kink shame


I wonder what this new supply in these markets will do to their real estate markets, could we see a cascading effect or are their overseas portfolios not that big?


If you're interested in following capital flows of the Bitcoin ETFs, then check out this dashboard

https://dune.com/hildobby/btc-etfs


It can get unhealthy and we've seen that on Twitter when it becomes a witch hunt, but I get a lot of critical opinions on my content and takes, and I appreciate it sometimes it knocks my ego, but for the most part when i get over it, it gets me to think differently and I learn from it

Sometimes the delivery needs to be a little harsh


Lol Think before you post or take the backlash


It takes all kinds to build a network, looking forward to his places first bull market


Lol pretty sure many people look like Waygu inside


I'm using hostinger, not sure where they're hosting


Yeah I am not the biggest fan of the whole intellectual property lets licence everything, but I do think that if you're creating a product that you charge for you should be kicking the income down stream


Indeed but I think its only a stop gap solution and AI companies wont take it lying down, they will try to milk this thing as long as possible


Pop the link in this thread, always keen to keep up with this trend, I think its bigger than they making it out to be, the chinese economy is not looking good


GM! While we are approaching the #Bitcoin halving which will see the asset go through quantitative tightening, it looks like the US will be launching he largest bond auction to cover the growing deficit

 The federal deficit stood at $1.7tn last year so why not keep going right?

https://www.ft.com/content/df64622c-ecb0-46a9-8f26-84dac321d07f

For those who might get paywalled

https://archive.ph/wip/y5JeP


I guess people really don't like AI models scraping their work without permission or any compensation, lol who would have thought?

https://venturebeat.com/ai/ai-poisoning-tool-nightshade-received-250000-downloads-in-5-days-beyond-anything-we-imagined/


Lol just what I need Blue Apron and Better help ads beamed directly into my brain

nostr:note1lgw5hmefa584y2fvl7s8jjch6mmwf3g02g26pm87pze3h0c0fqasd87xuz


Weird, I checked now and It loads for me and I can see traffic on the site


This is going to go down as one major own goal, great for other parts of the world, let the race for sats continue

nostr:note1s2cjlxrpqrsewphudnaj3ljalvg2qxj35jr5hetx3gtz093ef8fqu0n37p


I like to check up on what epic fails happen in Altcoin land and address poising attacks are yet another reason why Bitcoin is just so much better, oh no boomer coin not getting rekt on the regular, too bad so sad!

https://thebitcoinmanual.com/articles/address-poisoning-attacks/?utm_source=nostr&utm_medium=social


It should be tied to your seed phrase you used to generate your wallet, but claiming those funds on that node doesn't seem straight forward if you moved to another wallet/device for example


Oef, tough break, I checked blockstream documentation, I couldn't find any recovery process for the app, nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n any update on Greenlight account recovery?


Those who can't run a node will rent a node


The #UAE make their first #CBDC payment using their new Digital Dirham to China of all countries, with a settlement of Dh50 million (313.4 BTC) , crazy to see the effort central banks are putting in as a refusal to use Bitcoin, but I sure do enjoy the cope

https://gulfnews.com/business/video-first-cross-border-payment-made-using-uaes-digital-dirham-1.100731629


Take that $8 and DCA into Bitcoin and zap it around lol


I am so ready for an ETF rugging, the blow up is going to be biblical


African here and I can attest to Bitcoin changing my life, and I have hope it will change the lives of many more, all over the world. There is so much willing talent on the continent, just sitting around waiting to be unlocked, Bitcoin can be the catalyst for so much change


And the walls keep closing in on #Twitter, sigh, first they made it impossible to view content without an account, then the one way I would normally check Twitter is now closing up shop

Oh well, hopefully this pushes more people to nostr, where clients and front ends can do as they please

https://alternativeto.net/news/2024/1/privacy-oriented-x-front-end-nitter-is-shutting-down-following-changes-to-guest-accounts/


People love cats, put them on the blockchain


Million Dollar Cost Averaging


The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation.

The last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC.

IBIT’s average stack is ˜$200M/day or 4.7k BTC.
FBTC’s average stack is ˜$175M/day or 4.2k BTC.

So every 2 trading days, just 2 of the New Nine are hoovering up what MSTR does in a good month.

But more importantly, the IBIT/FBTC intake is ˜9k BTC a trading day. Mining only supplies 900 a day. So demand from 2 ETFs alone is 10x supply. Supply is going to get cut in half in less than 3 months, which means this demand will be 20x supply.

And this demand is just 2 ETFs. Don’t forget MSTR, Tether, and many more corps are also accumulating, along with nation-states, HNWIs, and plebs.

Plan accordingly.


I am waiting to see who will pick up the distressed assets coz country garden ain't looking to good either, who would have been the obvious choice to gobble up the portfolio

Looks pretty bleak for the individual investor, i'd be suprised if they get anything back, probably going to get locked into some government scheme that will pay them out in x years or give them preference on a new development to keep the peace

Would love to get some on the ground reporting though


Dang #Wallmart is re-doing their compensation plan with store managers able to net as much as 200% of their base salary in bonuses if targets are met.

$128,000 is the base and if you hit the max on your bonus, you could sit on potential pay of more than $400,000.

Is this just wages adjusting for inflation or does no one want to work retail? I have no idea what the US cost of living is like but $400k a year to work in a store, seems like every global southies dream

https://archive.ph/xn4Ln


For a Chinese property developer to get liquidated is nuts, given how much of the GDP is in Real Estate, but especially one of this size

https://www.bbc.com/news/business-67562522


Lol the ladies love to shitcoin


Ledger brain is a hell of a drug


Been using it for a while now to consoldate my UTXOs as a poor pleb that is fee sensitive, boltz really did make me use it a lot more their swaps are legit


We were all once fans of #Ledger but they've been giving off some vibes that don't compute if you're trying to keep your stack on the down low

https://bit.ly/47O71Kg


For sure, would like to see some of that Bitcoin move to other layers but I guess wBTC is there to provide liquidity for a lot of DEFI programs, lending, swapping in those ecosystems


Makes sense yes, running a node, even a cloud node with liquidity management solutions is a ballache versus a chain. I can see why boltz exchange is adding rootstock then, if you have a swap service to move between any of the cheaper layers and the base layer without pegins liquidity can flow much quicker


Crazy right? Is there something I am missing? Why are the side-chains suddenly getting so popular? Is it because you don't need to be online to transact? Or the user behaviour is simliar to Bitcoin or in RBTCs case like ETH so people are finding it easier to use it?


Politicians are the original shitcoiners


I don't pay much attention to #Roostock, but Dang, the network has 3204 Bitcoin pegged into its ecosystem, what's going on over there that people would lock up close to  60% of what is already locked in on Lightning?

https://m.primal.net/HZcB.png


Lol nothing like a fresh ocean breeze

https://media.tenor.com/8_nzGDMSSMoAAAAC/air-airs.gif


Right in the feels, I was enjoying sub 40k Bitcoin, what is wrong with you people


There are a lot of networks that are unknown to the world because they cater to specific communities and countries, but people moved to big tech over time, hopefully nostr brings it back!

A few years ago the biggest social media app in South Africa, was a local one named #MXit, then #Facebook came along with Messenger and WhatsApp and killed it

I think that nostr can be the plaform for these developers to try again and create experiences that users in that region want, not this dry stale apps that must cater to everyone

nostr:note1dyf2vcqz4fqp0cf6lfhx79kd3ll3yffxcynrh7drzavpyqhy50wqf73adc


This is the way, let the grass roots movement take hold


Lol I can already see the rollup scaling solution token narrative forming and its making me sick


You're probably right, been reading some things about Runes and how people are planning to migrate to that instead bla bla bla, new scam different name


Watching #ordinals trading tanking this month is such a joy, is nature truly healing or is this another calm before a new narrative storm?

https://m.primal.net/HZUe.png


Another case of people trusting and verifying, it doesn't matter if you're getting messaging from your hardware wallet manufacturers domain or not, always question the messaging

https://cointelegraph.com/news/mailerlite-confirms-hack-crypto-phishing-email-3m-attacks


LOL!!!!


Lol engagement metrics are a hell of a drug


Lol the shade....


Lol always best to stay in your lane, I like exploring these things to learn so happy to lose a few sats in the process, not for everyone indeed, and not sure what these layers USP will be that captures a big enough audience, but hey thats decentralisation for you people are going to try different models and different trade offs and hope that enough users are happy with it and willing to support it


We've released Mutiny version v0.5.7 which includes two notable changes.

Payjoin v1 support has been added. Huge credit to nostr:npub1yevrvtp3xl42sq06usztudhleq8pdfsugw5frgaqg6lvfdewfx9q6zqrkl over the last few months, for the improvements to the PDK library and getting it included into Mutiny! Thanks to Ben Allen too for testing.

https://m.primal.net/HZMq.png

We're really excited about the privacy gains here and for future improvements such as Payjoin v2. This should allow asynchronous payjoins, making it possible for a mobile user to payjoin with another mobile user.

We've also made some underlying changes to how NWC works in Mutiny. We've switched over all new connections to use our new strfry based relay instead of using the Blastr. This should greatly improve performance and speed, in addition to being able to better support consumer apps.

You may continue using your existing NWC connections, but for better reliability, you can delete existing wallet connections to recreate them on the new relay.

In the coming months, we should have a load of new nostr related features as well. Stay tuned!


dropped a link in the comments if you want to check it out, its a side chain that uses EVM which is why most Bitcoiners ignore it like the plague, has a few dapps on it like Sovryn and its own stablecoin, but other than that, pretty much a ghost town


Its an EVM based side chain been running for a couple of years now,  the chain is secured by miners who enabled merge mining

https://thebitcoinmanual.com/blockchain/rootstock/


Hmmm, layers on layers! Soon you'll be able to swap between on-chain, Liquid, Rootstock and Lightning with a few clicks!

https://m.primal.net/HZMc.png


If you love Torrents but always found it painful to source a reliable list then #nostr torrent clients could be the answer, with distributed lists that can always be retrieved, if a front end is nuked

https://rb.gy/yo6j0d


Lol loads of layers and no one using them, fees need to go way up, but hey lets see how it does, I check out LN, Liquid and Roostock stats from time to time, relative ghost towns bro


#BitcoinOS is a network of rollups which aims to add another scaling layer ontop of the basechain, this smart layer that will allow anyone to build interoperable apps and chains that can be connected to Bitcoin

https://sovryn.com/bitcoinos


Any idea what the people who minted 5700 FUSD by locking up L-BTC are doing?

https://m.primal.net/HZFt.png


Lol if im dead then i can't be taxed right?


Lol just put beans in a cup with hot water, ill do it myself and just pay you, please


This is such a good example of how despite being an open protocol most people and businesses trust a custody provider.

#MailerLite a popular marketing email tool has hacked recently and phishing mails were sent out to lists of users of "Web3" company lists and the hackers managed to convince users to sign over $3 million dollars in #shitcoins

Not your server not your emails

https://cointelegraph.com/news/mailerlite-confirms-hack-crypto-phishing-email-3m-attacks


Lol cut out all the other platforms and eat on the go


Looks like the #BRICS bros are looking to promote their local #shitcoins by giving favourable loan agreements to member states, and running their own little ponzi

Just because they're pushing to be a new option, doesn't mean the product is any better or worse, bonds are programmed to debase, they are NGU technology no matter how you brand it

Could have so easily used this chance to embrace #Bitcoin, but you guys fumbled it

https://examiner.com/brics-issues-28-billion-in-local-currency-bonds-eschews-us-dollar/


LOL oh what a tangled web we weave


POV: Celebratory drinks after stacking and hodling your way to 1 Bitcoin

https://m.primal.net/HYxt.jpg


Do ordinals drive you up the wall and you're thinking about taking a stand, then swap out to Bitcoin Knots as your node implementation and tell them

Not in your backyard

https://bit.ly/492GfyK


Greta approves lol

https://media.tenor.com/H-fat-s0yRsAAAAC/weewee-aboba.gif


Lol and we have more illegal connections and pretty bad revenue collection, its a mockery


Hmmmm, 200 000 Bitcoin to hit the market this year and who knows how many of these coin holders are going to continue to hodl, even if 5% are sellers thats a 10 000 #Bitcoin hitting the market and who knows if they price insensitive or happy with their gains of which many might be having waited this long we could be in for some serious dumping

Give the ETF boomers a little taste of the roller coaster that is Bitcoin

https://protos.com/mt-gox-repays-some-creditors-emails-others-to-confirm-accounts/


I'll take it all day everyday, in my local currency its still 32% higher this year than it was at 39k in 2022, so its even more of a nobrainer, dollar figure isn't comparing apples with apples


This is the way, you either pay in sats or pay with burning your brain and eye balls on spam, lol sadly on Twitter you can still pay and get a tonne of spam


Looks like the market for off-chain sats be taking off, despite fees on-chain not being too crazy at 30sats/vbyte. Is this just people preparing for another fee spike and setting up liquidity off chain?

Lightning capacity almost at 5000 BTC having seen a dip from its peak of 5400 BTC locked

https://m.primal.net/HYrz.png

Liquid pegged in almost 4300 BTC breaking its previous ATH of around 3500 BTC pegged in as L-BTC

https://m.primal.net/HYsA.png


Looks like SBF is giving us one final gift of cheaper sats with Alameda Research dumping it's 22 milliion shares, resulting in 19,260 BTC dumped onto Coinbase

Market clearly wasn't ready breaking below 40k, I say bring it on, I like 38k gang

https://protos.com/alameda-research-dumps-all-of-its-gbtc-report/


Green wallet


Lol never to early to learn the valuable lesson of getting absolutely rekt


Lol compound debasement ain't no joke and yet I still see friends and family shilling each other cope like investing in stonks or job hoping to try and get a raise

https://m.primal.net/HYnq.jpg


Lol forget boating accidents, kiddy with stamp accidents are going to become the new out


Lol you really only have yourself to blame, costly mistakes are ones you never forget, I know I have mine


Lol branding their little behind, but if kido can rek you setup it wasn't a good setup to begin with


Probably watched you do it the first time and wanted to try for themselves, lol but yeah if you left your plate where a kid can find it, thats all on you. Having a back up or at least a brain wallet can really come in handy, thinking you stamped a single sig and you done storing is foolish


Yes, a brand new nostr account, I left the link to the tool in the article


Lol first need to learn to smash keys before you smash buy, as long as they not smashing over your own keys


Create a second private key with whatever nostr client you like and then use the migration service to set it up as a backup, no need for email

Just two sets of private keys and then connect your two npubs together with the migration tool


Lol if i didn't have a back up man I'd be frantically trying to guess those words with everything i've got! If you're going single sig you can never be too careful


LOL poor kid, serves you right for not having a proper security setup!


Not your keys not your notes lol


Okay, question time!

You wake up one morning and you find your kid playing with your seed plate and it looks something like this.

What do you do?

https://m.primal.net/HYlZ.webp


Lol for real, more power to them, not gonna knock their hustle, just never selling any of my Bitcoin to Tether or MSTR


I guess Tether doesn't just want to buy US treasuries with their profits so they stacked 8,888 BTC, taking their total balance to 66,465 BTC.

That's a close to 3% of the amount of USDT already minted, I guess its not a bad business model, sell stablecoins to shitcoiners, take the income and turn it into Bitcoin

https://www.theblock.co/post/273338/tether-bitcoin-holdings-latest


Lol yes thanks for picking up the easter egg in my poor proof reading


If you're not great with key management or you're a little wreckless with your #nostr account, you might want to consider setting up a back up you can migrate to, should you lose or expose your keys

https://bit.ly/47E0gKU


Welcome!


My nips are off limits lol


Lol I still drink from the garden hose from time to time, AMA


shop.sovereignwelder.com
https://i.nostr.build/z6v0.jpg


Lol 0.15 holder flex


This is the way, if you don't let text on a screen infuriate you and drive up your blood pressure, you're living wrong


Pov: Managing my 0.01 BTC portfolio

https://m.primal.net/HYfc.jpg


I am not ready for that, I still need a few more years to remain humble


Lol moral hazard is a hell of a drug


I think thats the case for the majority of social media users, but yeah its cool to see peoples minds change in real time without the influence of algos


S&P500 breaks its 2021 all-time high since October of 2022 the index has rallied more than 34% and this is normally when the normies pay attention and come in, the fomo trades are placed, leverage starts to pick up and general overconfidence

Wonder how long this stock bull market will keep going?

https://edition.cnn.com/2024/01/19/markets/stocks-sp500-record-high/index.html


It's really said, but wonder how many Qanon bros are buying this crap


LOL Looks like Trump's failed NFT collection  is now offering Bitcoin #Ordinals as a bonus to try and access some new exit liquidity. The collection has already dumped 1,075 ETH and now trying to get a new round of suckers to buy this midjourney generated nonsense

https://protos.com/trump-resorts-to-bitcoin-ordinals-to-boost-failed-nft-collection/


Need layers for cold storage


Everything reminds me of her


A custodial blackbox 😉where we can hold your Bitcoin and you have a proof on your device you can use to go claim said bitcoin


Would be great if they treated Bitcoin as a currency and you could do easier purchases of a home and things you need in Bitcoin, then it really makes a lot of sense to push the narrative.

The reality is if you're not doing P2P to get fiat to buy things or using the limited ways of buying things with Bitcoin you gotta hit an exchange and pay taxes which still gives you a lot more capital to play with then you otherwise had but you need to factor that in when aiming to make a big purchase

Alternatively you can take a loan but you'll have to double the amount of Bitcoin to buy X and still have cash flow to service said loan

That or move to El Salvador or Germany I hear they drop capital gains after sometime


https://image.nostr.build/ec759f8a8c3db96a28be880c133269d9e670723fe5f425651fb2a083f897e573.jpg

Calling all budding Cypherpunks and developers! In collaboration with Sphinx Chat and Stakwork, we're launching a bounty program for those brave enough to tackle #CoreLightning issues.

Jumpstart your #Bitcoin layer-2 development journey with 'good-first-issue' bounties - the ideal stepping stone for anyone keen to make their mark in the open-source realm.

Check out our first bounties, apply, and take your chance to contribute to Bitcoin's future and stack sats

https://community.sphinx.chat/org/bounties/cmg6oqitu2rnslkcjbqg


A whole bunch of bros ETFucked around and found out


GM from web5


I agree with you, the only difference is that theres still the physical cash outlet for some people, like where I am cash is still big but yeah most people are so keen on digital money because its easy to use, you don't need to custody it and you can access credit which the middle class is addicted to, so yeah i'm with you, this latest CBDC is just a 2.0 upgrade with even less benefits for users


I like blue wallet, I still have it running on desktop, but i've switched to green on mobile since it covers all 3 networks so I can do all I need to in one place


If you like to keep up to date with #CBDC drama here's a pretty helpful tracker, according to the Atlantic council there are 11 countries who have launched some kind of CBDC, while 21 are in the pilot phase

https://www.atlanticcouncil.org/cbdctracker/


Mining pools have always been creaming off the top, just how the current system works, but yeah with ordinals and the rise in out-of-band transactions and secondary markets where they can profit from this trading I'm sure pools have been pocketing more.

If you're constructing the block and you can get in and front run transactions why wouldn't you?
If you're getting paid outside the network to construct a block a certain way, why wouldn't you?


Lol let them rek themselves, pretty sure miners are in on it too, why wouldn't you, if its easy money?


As #Ordinal bros try to battle it out for block space, some bots and miners are watching the mempool closely looking for ways to snipe transactions and net a healthy profit

https://bit.ly/47DWfGh


Nice to see freshly purple pilled journos hitting the feed, welcome and hope you enjoy the no algo life


LOL throw a hyphen in there or something damn, 50 milly is this saylor squatting again?


First time I've actually listened to a presidents speech and didn't want to vom, 🤮🤮, I like what he says and lets see how far he can push this, more power to him or like he says, less, less power to him thats the goal

https://www.youtube.com/watch?v=fYmOQYckzL0


Gradually then suddenly


Who knows man? We're not privvy to the inner workings and decision making, could they role out a CBDC sure, but globally thats tough, I can speak for African countries and tell you that shit isn't happening lol we can't keep the lights on, we need physical cash and money that can stand up to hostile conditions which Bitcoin I think fits the bill too


I get that liquidity can flow into a market and bid up prices, I just thought that when interest rates are high you wouldn't be in a risk on trade, and it would reflect in equities, but damn ATH at 5,5% is nuts


I skimmed through it and I am sure this person is right about the custody model, there are no real bearer assets, all these assets are financial contracts backed by social agreements and rule of law and can be changed, but I think this kinda doom pill content is a bit far fetched

The amount of social unrest it would cause is not worth it, the easier option is always just to devalue the currency if your a government, if you confiscate assets, wheres the market to sell them into? You just destroyed the market so how you going to get so called fair value for those assets

If you blow up your asset market with a move like this you only strengthen other countries who don't do it. If confiscation of assets was the better option, you'd see it happen in countries with the shittiest fiat, but I don't see that happening.

In my country we've seen people have their land taken away by the government, but that was a sanctioned government who didn't really give a shit about foreign investment it was a closed society.

I saw it in Zimbabwe too and look what happened there

I'm not saying its impossible but I think the margins are small, still for me, I'd rather have the self custody Bitcoin just in case lol, if most of our assets like the book claims is all counter party risk, Bitcoin makes for a great hedge regardless of its purchasing power


Yeah I guess the re-allocation would be the first step, I still thought that new flows might come in due to the amount of publicity it got, but I guess clients of these firms are still not convinced yet

The ETF is definitely not a product for me, but i can see why the tradefi people want it, and let them do their thing as long as they're not buggering with the chain

I wonder if many of these ETFs will survive though, The majority of the ETFs are custody with coinbase so not exactly decentralised in the plumbing behind the scenes, so apart from management fees what are you really doing to differentiate yourself?


No I've never heard of the book, thanks for the recommendation, I will check it out, hopefully there's an audio version


Can someone explain to me like i'm 5, why the S&P500 is near all time highs when we have decade high interest rates? I thought increased interest rates means value of future earnings looks less attractive versus bonds

Is there something I am missing or is this legit a repricing of the stock market due to increased money supply?

I mean adjusted for inflation we're still like12% off 2021 ATH right?

https://m.primal.net/HYLZ.png


The task is simple the experience isn't having sat down with normies to help them self custody, its more about the fact that the experience is unnerving, doing something you've never done before


What? Your Bitcoin is a paper claim from an institution who left their Bitcoin on an exchange


ReAl EsTaTe ALWAYS goes up bro, now get back to work and cover my leveraged bet before i get rekt


I'm grateful for this coffee helping me refrain from being intolerable to work with today


So you telling me commercial real estate bros are wrong? Colour me shocked


I wonder how this place handles its first bull market, I saw a stat the other day that 260 BTC worth of zaps have happened on Nostr already and this place is pretty tiny and cosy so I can only imagine how that expands with a flock of fomo peeps rolling in


Digital Euro bro, get with the times lol. I see even Sweden who are near cashless are even rolling back that shit, even though fiat sucks balls at least paper cash gives you cheap instant settlement and privacy lol, the only real benefit of the medium and if you take that way you might as well give up on fiat entirely and just go Bitcoin


And then those 1000 companies repackage it and enrich it with data from other platforms too. This is the game every business is playing to try and find customers online, but its gone way overboard

I wish that one day you could browse the net with a LN wallet attached and when a site wants your data they pay you and you just sign your ZK proof for whatever data they wanted to query

Theres a lot of money floating around in this space, if you're feeding it, they should pay you, same with this chatGPT stuff


Bitcoin has shaved 60 billion off its market cap recently with $1.8 billion has allocated into paper products across the 10 #Bitcoin ETFs.

Looks like investors who had money in spot Bitcoin and shitcoins are moving into the #ETF instead. I guess it wasn't new money coming into Bitcoin, just existing money wanting a better vehicle to speculate with, lol

God candle #shills are rekt and I think thats good enough for me!

https://protos.com/bitcoin-drops-60b-from-market-cap-as-investors-shuffle-funds-into-etfs/


Running lightning nodes is too complicated for 99% of people

To do non-custodial lightning on your phone it needs to be online when you receive the payment and requires an initial onchain tx to receive.

This is terrible ux, so you are forced to use custodial solutions like wallet of satoshi, and privacy is terrible.

fedimint is a third option: the mint can provide a lightning address for receiving and sending out zaps even when you’re offline. This is private, temporary custody.

When the phone comes online it can choose to sweep fedimint funds into its non-custodial phone wallet (a future non-custodial ⚡ wallet in damus as an example). In the UI this would be simplified as your custodied and non-custodied balanced summed to your total balance.

Damus’ fedimint would be federated with other guardians such as mutiny, so I can’t unilaterally rug the custodied balance. This is implemented as a multisig bitcoin wallet behind the scenes.

The use case is killing non-private lightning custodians who can unilaterally rug you. nostr:note12yd075f9un56nlmmh6dk6ehxnatjg5kf35wcevx8rwa8kstzt5rqkv8n9m


LOL a friendly reminder not to trust, always verify

nostr:note1sq9l59f82ju9cx8vdxzd9w7swdcq2dew4ezlqkynstmkzj9rk6sspdlg4t


Whats a davos?


lol when in doubt finger it first


Lol now give me my block reward

https://media.tenor.com/JQ_JC0pqgRQAAAAC/clock-watch.gif


Lol I'm equally still wrapping my head around it, its so weird not having this centralised market maker telling you this is what it should trade for or an interest rate, guess our brains have been cooked under fiat

because you also have miners issuing new bitcoin into the market when they need to pay bills, they obviously want the most fiat for their sale so that s


No you can come over physically and bring all the Bitcoin you want lol, I am talking about regarding exchanges that set the local price, we have capital controls limiting how much they can bring in or send out, so they a new market of a host of intermediaries and market makers bring liquidity to an exchanges.

So what they do is they need to find individuals willing to bring in liquidity, they take a clients money, lets say 250k zar and use that to buy USDT and then go buy BTC and trade it up until the cap of 11 million rand (per client thats the max a South African can trade off shore per year) and hand the client their money back + the premium.

There are a few companies doing this to try and take advantage of the spread between bigger markets and SA demand

As for the P2P market man you can sell for up to 60% premium in local currency

As for the spending yes you can go to pick and pay with any Lightning wallet and pay, this goes for any company using the cryptoconvert service provider as their backend (so far only a small time pizza joint butlers pizza has been added)


Over 260 #Bitcoin have been zapped across nostr so far...

that's over $11 MILLION sent between users across a nascent, open source, free & permissionless network.

Insane.

https://m.primal.net/HYCt.png


Yeah I guess we won't know how far coins are dispursed, I mean Binance is holding like 600k coins, on behalf of how many people who knows right?

I can see there being different pricing, any market will have it when regulators make arbing harder to do, if theres a less efficient vehicle it should show up in the price. South Africa has some shitty laws about bringing bitcoin into the country and it reflects in a 2-4 premium versus other countries, in South Korea they also have a premium due to their regulatoin.

But my question now is who gets to set the price, is it the P2P market, the most liquid exchanges or the secondary paper makers?

I also don't see a hard fork happening but I'd enjoy watching ETFs get rekt if they do push for one, i would be dumping those coins in a heartbeat.


Lol I agree, some fomo in, some think they are priced out, Bitcoiners in those countries keep smiling as they see the state of their debasement though so theres that

I already felt the pain which is what pushed me to learn and move over, I guess other peoples pain receptors are numb or they just hoping someone will come save them


LOL oh behave baby


I'm almost there too, we had a taste of it in the last bull run, 100 sats to a 1 South African Rand, its on its way there just a few more percentage points, then to me you have no need for the previous unit of account, Satoshis is the easier way to measure value.

I do hope that nations with fiat already at cent sat parity do take note and move over but I doubt many will, people want to go down with the ship


I like to keep track of the performance of various fiat currencies just to remind myself of the end game, people look at places like #Turkey, #Lebanon, #Argentina, #Nigeria and think man they are just so undeveloped and have poor government, monetary and fiscal policy

I would argue that these countries are just ahead of the curve in what it takes to manage a fiat currency, it all goes to 1 million in the end.

For me once your country hits a 1 cent sat parity like a #Ukraine, using #Bitcoin as your unit of account is a nobrainer. Next to join the club are the

- Czech Koruna
- South African Rand
- Namibian dollar
- Mexican Peso
- Botswana Pula

https://m.primal.net/HYDu.png


I am with you, I do agree it WILL reduce adoption of the technology and interaction with the chain, which I think is still lacking, if you don't have enough individuals holding Bitcoin, who is going to fight the suites who want to push changes?

Like you say the fintech/tradfi ape games were inevitable the moment it got large enough to trade meaningful pools of capital, and have the same sentiments, the hope I hold onto is that they are overconfident enough to think they can capture Bitcoin and get rekt, if they don't then this whole thing was a larp and Bitcoin isn't anti-fragile

What I've also been thinking about is how these ETFs deal with global demand, I mean its really a US product and some HNW peeps from other countries will use it, sure thats a lot more money than the rest of us but the rest of the world doesn't want to pay management fees and have permissioned access, I know I don't so won't on-chain still have a bigger market to tackle?


So much for "mountains of capital" flowing into BTC, lol the bag pumper bros need a new narrative, ill stick with my own chain Bitcoin and watch these products get called on their BS in the next bear market going to be glorious


So the spot #ETF hasn't even traded for a month and issuers are already pushing for more paper products

#ProShares one of the spot ETF issuers are looking to gain approval on 5 more ETFs.

- Plus Bitcoin ETF
- ProShares Ultra Bitcoin ETF
- ProShares UltraShort Bitcoin ETF
- Proshares Short Bitcoin ETF
- ProShares ShortPlus Bitcoin ETF

Get ready for more leverage, and speculation, setting up for quite a crazy bull market for sure, give boomers and wallstreet leverage and see what happens

https://www.theblock.co/post/273014/proshares-files-for-five-leveraged-and-inverse-bitcoin-etfs


ROFL, thanks I will fix it 😉


Looking for an LSP that gives you a little more control over your LN experience, and you're not afraid to risk some sats, then check out #greenlight by nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n

https://bit.ly/48CCOik


What did you find? I'm not familiar with NZ politics,


Probably asking too much yes, wonder who she pissed off to get thrown under the bus


Lol make it make sense man


LOL man #inflation must really be bad if those who benefit from money creation and spend most of their time advocating for stealing the productivity of others and getting a piece of it while adding no value, are also shoplifting

When is enough, enough?

https://www.bbc.com/news/world-asia-67992597


Lol what kinda fat finger shit is this? ETF boomers managing their treasurey


Lol cant relate its 24 here today but tomorrow will be 32


LOL clearly we're not throwing enough money at this idea, damn the physical constraints, if you can dream it and do illustrations of it, you can do it


Lol remember when we were going to skip trains, busses and planes for the sake of wisking down vacuum tubes and high speed?

I guess it wasn't all it cracked up to be, after half a billion dollars, we haven't even seen one #hyperloop, only a bunch of loopy fan boys

https://archive.ph/spSlq


Lol too late his army of fan boys will never allow it


Okay guys, i'll bite, what's going on with Elon and #Tesla, the latest drama I see is he is asking for 25% voting control, but doesn't want to pay the 80 billion to get that percentage.

Didn't you sell your Tesla shares to buy #Txitter?

Now you want it shareholders to baulk under your demands? Either to give you more control or he will start a competitor to Tesla and move those AI products to that company, as if he doesn't have enough companies as is

What's going on here? What's the motivation for this?

https://www.reuters.com/technology/musk-seeks-25-voting-share-tesla-2024-01-16/


The sound of freedom


Lol missed opportunity to drop a GM


Just when you thought its safe to go to the grocery store according to government #CPI reports claiming they have inflation under control, looks like we're going to get another bump in global inflation due to the disruption in shipping

https://www.wionews.com/business-economy/red-sea-attacks-spark-global-inflation-fears-disrupting-supply-chains-680168


sweet dreams!


Food is no longer about nutrion its about experience for your tongue and brain, its about entertainment, its about needless and mindless consumption


lol glad they telling exactly what the food pyramid should be


Either governments are easy marks & hire poor quality contractors, or 👇🏼 are towing the CBDC line & spreading mining misinfo
https://image.nostr.build/cf55214d08d9c05ea264ee3d8bcdff053748498d51292b26ecf0c54b70c4889d.jpg#m=image%2Fjpeg&dim=1080x929&blurhash=%3B36*H%5B%7EqxG%252R-ae9ZIU9Z%3FH%252-pogNGNHE2ENEMD%25%24P-%3Bt7s%3AOXE29vEMIwM%7D-V%25MV%40RjfkoKNGn-x%5DV%40s%3BkDM%7BoyRiWUU%5ExuS%24V%40W%3BWBkWNHogTLx%5EM%7BNF%251ocjFV%40s%3AOs%25MIUE2xaR%25xYxB%24%25&x=52ec5e928076f8380c0ab01ad6cda89101a1016e162631eff9d67328b1cd677c
Some bad public policy is coming down the pipe...
https://image.nostr.build/50614bfb4fc96e60cd6dfe4f9e62b18d5c44eaf8fb936ee3794562949ebe2ff4.jpg#m=image%2Fjpeg&dim=1080x1368&blurhash=_37%5E%7DW_34nogD%25oMIUxu%25MWCogofoft7D%25RQofWBt8s%3BfQV%40xaxuM%7BRjofWB4n%252xuV%40%252aybH%3Fbt6V%40n%25aeofWCIUxus%3ARjt7WBofRjt7xuRjWBfRa%7D%25MofayayofofRj&x=43bcd017c45ec4b7560e307e201484327ac2c78fdd0e54dc4d7ff761fca7545e


Lol looks like we're off to quite the start in 2024

https://m.primal.net/HXtS.jpg


#USDT has become the operating currency of choice for ‘pig butchering’ or romance scams, and boy are these scammers in SE Asia and West Africa are racking it in, moving away from PayPal and having to set up accounts in first world countries makes these scams even more efficient

Is this another one of #stablecoins killer apps? They said it was good for remittance didn't they?

https://protos.com/united-nations-reports-usdt-used-for-money-laundering-across-se-asia/


Here's an excerpt from my August 2022 article on Lightning that has relevance for today:
https://www.lynalden.com/lightning-network/

Criticism 6) It Has a Scaling Ceiling for Self-Custodial Users

Lightning greatly increases the transaction volume that is possible on the Bitcoin network. However, opening and closing a Lightning channel still requires an on-chain transaction, which means that in its current form, the Bitcoin/Lightning stack still can’t scale to billions of people using it self-custodially.

Specifically, there are block space limits to how many people can use it fully self-custodially on a regular basis, unless certain base layer forks allow for more throughput.

For any network, there are inescapable technical trade-offs. To ensure the widespread auditability and immutability of the base layer, there are some constraints that are hard to overcome.

I view many other blockchain designers as trying to over-engineer their systems. Any solution needs to have product-market fit. Not everybody wants a fully self-custodial experience. Some people want the convenience of using a custodial service of some sort. Bitcoin/Lightning gives optionality to people around the world, but people can see fit to use whichever portion of the stack that they want.

To quantify it, the Bitcoin/Lightning stack can be semi-regularly used by tens of millions of people self-custodially (or more than that over time if many of them are just holding it in cold storage). Custodial services can scale that to higher numbers. For example, all of the tens of millions of accounts on Cash App technically have access to the Lightning network, through nodes and channels operated by Cash App. The same is true for people on Strike, River, and similar types of apps.

At the current time, the Bitcoin network is being criticized by some opponents for low fees and thus supposedly low long-term censorship resistance as the block subsidy winds down (meaning there is not overwhelming demand for its block space at the current time, which if that state were to persist indefinitely could eventually result in a low cost to control over half of the mining share), while it is simultaneously being criticized for not being able to scale self-custodially to everyone in the world (meaning its block space is not nearly big enough to fulfill such enormous potential demand). These are mostly mutually exclusive concerns.

If the combination of the Bitcoin/Lightning stack eventually reaches severe growing pains against the number of people that want to interact with it fully self-custodially (a good thing), then there are additional areas of development that can increase its scaling potential, via ways to allow more users to share a given channel, which are beyond the technical scope of this article.

On the other hand, if the network doesn’t grow much and its block space does not increase in value (a bad thing), then its scaling limitations are a non-issue.

At the current time, the Bitcoin/Lightning stack provides tremendous scaling potential compared to the number of people that currently use the network. The network doesn’t need to overbuild for market conditions that don’t exist yet, although of course it’s good for developers to be thinking about long-term scaling options.

As the saying goes, “necessity is the mother of invention”, and if/when the network encounters persistently high base layer fees, tons of base layer transactions being used to open lightning channels, and an inability to onboard all of the users that want to onboard to the network self-custodially, then that would spark more interest in developing further scaling solutions, including the possibility of new broad-consensus soft forks and other changes.


Lol whats a wallet? You going to outlaw memory cards and SD cards too?


Lol I agree with her 100%, rouge money hodler here


Jeniffer Lopez - Jenny from the Blockchain
Meghan Trainor - I'm all about that coinbase


If you're looking at your mining pools options, that's looking to shake things up and get Twitter fired up about their decisions then #OCEAN might be where you want to point your hash

https://bit.ly/3U009pG


Lol love it

https://media.tenor.com/tFCB9eU-KJIAAAAC/ice-ice-baby-vanilla-ice.gif


Lol submit your hot take 😉

nostr:note1dylfhdgjg28f5qlrm2mkualdt8vl3pmgpnekdv5kc022h57l0v3qvjfs7v


Lets see the moves
https://media.tenor.com/XO-Nmue7IUkAAAAC/cybergoth-dance-party.gif


Lol, let me give it a go, Bobby Pickett - "Monster Hash"


Looks like cash is making a comeback, Sweden makes a U-turn on good old legal tender, while great for privacy, it's still not great for your savings.

https://newsinfo.inquirer.net/1888719/sweden-studies-how-to-save-cash-from-extinction


I wasn't that much of a Txitter user to be honest, probably messed about with it for a year before I became pretty jaded, I like the pace of nostr


Citadel shire lol


I totally get that, the SEC social team F'd up there, working in a marketing dept myself I know the 2FA is a pain in the arse, every time a team member has to login or gets auto-logged out they need the one person with the 2FA to sign but I guess in this case, thats the lesser of the 2 evils

I just wonder couldn't they at least disable your blue check if you sign in from a new device/nonwhitelisted?


I thought #Txitter getting users to pay for accounts would stop the bots but it hasn't and now that you can just buy your verification and get preferential display in feeds and comments, its made it pretty fun for scammers to get a hold of accounts

Regulatory bodies like #SEC, brands like #Coingecko and security firm #CertiK and even Politicians have seen their accounts hacked and used to either troll or worse shill crypto projects or phishing scams

Unfortunately, those who want to use these platforms and tend to trust and don't verify will get rekt.

https://protos.com/crypto-hacks-on-x-show-no-sign-off-slowing-down-in-2024-1/


Lol maybe some NSFW creators but yeah its slim pickings outside of bitcoin


Regulators: Spot ETFs are the safe and legal way to get #bitcoin exposure

Also regulators: US Spot ETFs may be illegal

Don't waste your time with the suits, they're all making it up as they go along, they'll be fighting with each other till the cows come home.

https://money.usnews.com/investing/news/articles/2024-01-12/south-korean-regulator-warns-brokering-us-bitcoin-etfs-locally-may-be-illegal


Always, lol thank goodness ETFs didn't pump I am enjoying the cheap sats, keep dumping boomers and suits