US senator warns governments are spying on Apple and Google users via push notifications

U.S. senator Ron Wyden (D-OR) has warned in a letter to the Justice Department that unidentified governments are spying on Apple and Google phone users through their push notifications. The letter say...

https://techcrunch.com/2023/12/06/us-senator-warns-governments-spying-apple-google-smartphone-users-via-push-notifications/


No lies detected


Key takeaways from this interview:
He thinks Satoshi is going to reappear and rug everyone.
He doesn’t understand open sourced code is verifying by anyone.
He repeats that bitcoin is used for everything bad, but will defend anyone’s right to use it (even though he doesn’t).
He says he won’t talk about it anymore, but then can’t stop talking about it.


Horrible:

https://www.cnn.com/2024/01/12/tech/china-apple-airdrop-user-encryption-vulnerability-hnk-intl


Guys you can send me over 10k in #Bitcoin again, we good https://i.nostr.build/nR73.jpg


New all time high
*sharing on Nostr first

Bitcoin now uses 54.5% sustainable energy, the highest of any global industry https://image.nostr.build/3d6b4832d1b05f2bbd697140a76756bf22b959122f143132833723d8ebcee8c8.jpg


Holy shit


When I listened to this episode of Joe Rogan with Andreas Antonopolous in 2016 it made sense because I was new to #Bitcoin

But now in 2024 we all can see that Andreas was 100% right. This is exactly what's happening in our society right now.

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


I began supporting his Patreon this year, simply as a sign of my gratitude.


Rob @ Bitsaga: Deplatformed for selling Bitcoin mining hardware https://image.nostr.build/ddbd71ee9027b1934a8aeb930713057f5b7d42d0438c3cbd21b25f78e12ba2e1.png


On this #MLK Day, the FBI has the audacity to post a message "honoring" Dr. King.

In1963, FBI Domestic Intelligence Chief William Sullivan sent King a nasty letter, encouraging him to commit suicide.

We won't forget, and we'd like to think Dr. King would've really loved #Bitcoin

- decentralized, money for the people
- not controlled by the government or wealthy elite
- resistance money built for social movements/peaceful protest
- opt out of a petrodollar war currency

https://www.vox.com/xpress/2014/11/12/7204453/martin-luther-king-fbi-letter
https://m.primal.net/HXtz.jpg
https://m.primal.net/HXuA.png


Many bitcoiners think establishment powers are now in the "and then they join you" phase of the struggle.

I don't. I think they're more entering the earlier "and then they fight you" phase.

Or more specifically, they are happy to join in on the price exposure side (i.e. ETFs), but they are fighting against privacy (especially) and self-custody (to some extent). The struggle for financial privacy, custody, and overall self-autonomy is just heating up.

The gradual shift of critics from "bitcoin is a useless speculative asset with no intrinsic value" to "bitcoin is so powerful that direct usage of it must be curtailed" can be dangerous.

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


Bitcoin: The Lifeblood of Advanced AI (Jörg Hermsdorf) | DLD ‘24

https://m.youtube.com/watch?feature=shared&v=OsRjDJMuFGo


Be like Bono 💪
(Me too I started as an activist, even pursued a bachelor in African Studies at University) https://image.nostr.build/f6c09b127be513d79ca828f947e1d883070fdd206a587c2ef9ae6e23fb897fa1.jpg https://image.nostr.build/c4b958b0ca8aff5504cf6c0a70716e43b3a6153f288273dc8381c2b5e25aadc8.jpg


😂👌
https://video.nostr.build/c3336b23d41a2464d4646c649dfbc7d8ad6ed75195a98ffb44710d1ee272a3f0.mp4


We spend our entire lives working for money that they can print for free.

Opt out with #Bitcoin https://image.nostr.build/4470de038461cee5ae40b3100d5acd0b00ad749440365d988a35a90c5499ae02.jpg


There is no historical precedent for cheaper, faster, more secure, and open technology losing to more expensive, slower, less secure, and closed technology.

While many don’t understand this yet, this time is no different.

#Bitcoin
#Nostr


CTV and Cold Channels.

Today in Bitcoin, to make a channel, you must first receive Bitcoin on-chain and then transfer it to a channel with your partner interactively. This is a minimum of two transactions just to open a channel and the channel opening cannot be batched.

With CTV, channels can be hidden inside your pubKey so that when you're paid and the transaction is committed on-chain (can even be batched using only one UTXO), that on-chain commitment is sufficient to use your channel. No need to dump the channel details on-chain.

https://image.nostr.build/9c5674ec45bb1c4b1a84c1c1b7223a6223391c8914639cebc09304e2c9f82616.jpg#m=image%2Fjpeg&dim=819x540&blurhash=r89tP%25yUD*M%7CNZV%5BM%7BxuRRGcnhr%3BoInhWBV%40kWWBHbICbrkURQoybYfRox%5EcW%3DNIW%3DS4oLWCjYayucyAVun%2Ct7V%5BahWAV%5B%7DmR.NKWXNIoeW%3BjFWB&x=860ed55345f9f855729c8bf1dfd19accc63cac0b31f90d19fef23c3a444d4263

https://image.nostr.build/f9fd33773a851e375ef91384b005fcddd297a7be2743da20548f69518991c37c.jpg#m=image%2Fjpeg&dim=825x540&blurhash=r67xBu.5RzRjVtRRIUt8xtpPjKRCaixca_V%5Dk8WBDSH%5DIBodx%40tPf%23WXayr%23bWR%24oxoxa%23k9WEf6tGyBtkogaQRQt7WARj%23xWANEk8k7j%5BbXaija&x=3329ea1a5da027f809f762a80c17fb860055934d498ac379894bcc18adbee1a3


That was cool. Can we focus on noncustodial tech and freedom money again now?


I cannot with this person.

I genuinely don’t believe she would endorse values such as privacy, private property, or freedom of speech, once fought for valiantly by progressives.

There’s no negotiating with people like her. She has no business representing anyone, especially in the United States which is supposed to uphold, protect, and encourage the above-mentioned values https://i.nostr.build/ZAaP.jpg


going on TV in an hour. let's fucking go
https://m.primal.net/HXXq.jpg


Also from a tendency to hyper-moralize their own opinions.


The battle for #bitcoin self-custody and promoting self-custody tools and development is more important than ever now.


A24 doesn’t miss!


I agree with you and I believe nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy does, too. As well as many of us here.

To give some additional color to the miners who are selling, check this chart. Note that several miners have no HODL strategy and are simply selling everything they mine to fund/grow their operations. https://image.nostr.build/ff8d9efd626d96553746084ae1ee6b8b5173c39bf5fda2889fe5a2de411f323f.png


“You should have no expectation of privacy…”


I was JUST predicting that to my wife!


Holy shit nostr:npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9 LOL https://image.nostr.build/1d42f2592f9574ff07b5c203eb0a68d734071032dc6472ab5ae0fa350cc45679.jpg


wow bitcoiners are so toxic https://image.nostr.build/4335dbf64b952b3e587c32c3b75c0850082738c52389f704c167f5b864af0950.png


Someone, somewhere will need to transact on the main chain. Especially if this thing turns out to be the reliable, base settlement layer for global finance that so many companies are building towards.


Saw it when they toured with Lane and Broderick.
Hilarious does not come close to describing it. I laughed so hard it hurt.

Will put the movie in the queue. Worth watching again.


This is the point Arthur Hayes makes here:

https://cryptohayes.substack.com/p/expression


Miners will be selling. Perhaps not enough to fill the needs of the ETFs, but that’s certainly one group who will be selling — to fund their OpEx.


Into my veins.


The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.


Recent work in neuroscience (over the last couple decades) demonstrate we are not in control of our actions and behaviors.  Any decent meditator will see distance between stimuli and responses as well as the ephemerality of any sense of identity. We merely create a personality, constantly and moment to moment, and confabulate a sense of control which is not really there.

I’m not yet sure that this is  completely accurate.  There certainly seems to be a natural, impulsive draw into being a “somebody.”  Perhaps dropping that is only available to ascetics. I certainly don’t see how a householder, or anyone with ambition (in business, politics, or military, etc.) could remain a “nobody.”

So, while I’m considering Ram Das or Joseph Goldstein or Douglas Harding or Jay Garfield or Sam Harris as they propose that a “self” is merely an illusion and does not exist in reality, I’m also not fully on board with the absence of free will that follows.
I’m just not sure anymore.

Is it me, driving the joy+satisfaction+meaning train towards a fulfilling life?
Or am I just one focused point of consciousness briefly existing as a ripple on a wave in a giant ocean of consciousness before then dissolving back into it, in which case claiming and attaching to an identity (let alone defending one) is utterly ridiculous.

Either each one of us is the captain of our own ships and, in aggregate, we are utter failures as demonstrated by the greed, murder, and hatred that persists in the world. Or there is no captain, anywhere, and it’s just a helluva chaotic ride, full of sound and fury, signifying nothing.

#Meditation #FreeWill


Love it.
One potential risk to this sentiment is to consider whether AI eventually helps us build a fusion reactor that produces more energy than its inputs require.
What might that do to bitcoin’s “ledger backed by energy” line of thinking?


Be careful when wrapping yourself in moral superiority while attacking others.


Odell is calling out Swan based on… what evidence, exactly?  He doesn’t even hint at some smoking gun other than “feels.”
Cory’s response is appropriate.  I suspect there will be a strategic release of information when the time is right, as determined by Swan leadership.

I’m not an investor in Swan or Ten31, but if I was invested in the latter, I’d be a bit concerned that Odell is spending some of his reputation by trying to take Cory down a peg. Hell, I’m concerned about it simply as a longtime Odell fan.


KYC is the illicit activity.

nostr:nevent1qqsq8ues0aqe7vwd8dxf8weghhk7gklm5e3qhhatzvm90jydyvdezpspp4mhxue69uhkummn9ekx7mqzyr2f4ypr5gwm5xeusvrv5d5m7vjrmz6yhrctd5gevcrl0vyep75d7qcyqqqqqqg3gw5az


Reason 10,001 for why we can’t trust big corporations to run our social media. They’re running key loggers on the in app browsers they launch when you click on links from Meta and TikTok apps.

nostr:note1hyere264zu6lfve0aa9s5hdr8sguvva6mk6v46spvarlxk2yxj5qup2l9r


Cory is not under any obligation to answer any questions to anyone who does not have information rights. That’s how private companies work.


I hear Matt @odell claims people think his VC firm, Ten31, is closely tied to Swan and that some people may be influenced to use Swan or invest in Swan because of Ten31's involvement. Let me state very clearly that Ten31 has no influence on Swan, and no information rights. Ten31's biggest investment by far is in Strike, they sit on the Unchained board, and Matt and Marty's podcast is sponsored by River.

Matt was a very early advisor to Swan, specifically focused on privacy, and we very much appreciate his contributions. He owns some advisor shares in Swan, but has never been asked to invest.

Jonathan and Grant from Ten31 each cut angel checks into Swan very early on, and rolled them into their first fund. They also cut a small check into our A round from Ten31, which was a party round (lots of small checks) in Fall 2021. I don't think we ever received an investor referral from Ten31, nor do I remember ever hearing someone mention Ten31 when getting in touch about a Swan investment.

In summary, as @Odell himself said, Ten31 invested a tiny amount in Swan, long ago, and has no information rights. All large investors in Swan do extensive diligence, and they are not concerned with the names of seed funds from early rounds.

Regarding Swan's small hedge fund that we created for a couple of our institutional investors, which seems to have triggered the latest outburst from Mr. Odell:

We needed a head of trading for institutional clients to execute trades with VWAP / TWAP etc and tight spreads from multiple OTC desks. He happened to have a great track record of asset management, and a strong desire to continue managing money. A couple of our investors wanted a lower-vol Bitcoin strategy (sit in cash during drawdowns, ok with losing a little upside by missing part of some pumps), and decided to seed him in a Swan-managed fund. The fund is already at capacity and we are not marketing it.

My advice to retail investors remains the same as it's always been: DON'T TRADE UNLESS YOU WERE ALREADY A PROFESSIONAL TRADER.  99% get rekt, and it's even worse in "crypto" because that game is rigged even worse than tradfi. Much better to stay humble and stack sats, ideally with a Bitcoin-only company like Swan (we don't even have a sell button! and we have still have FREE automatic withdrawals).


“We’ve all seen the logarithmic bitcoin chart. You have to remember that the vast majority of people in the world have not seen that chart.”

— nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a


Tell me how old you are without telling me…


Joined CNBC last night for a few minutes to talk #bitcoin https://m.primal.net/HWSb.mov


I wrote a book.

thegenesisbook.com


Happy Birthday #bitcoin

000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f https://image.nostr.build/05f03917f9986f649f19d083f50363a562567a1cb573dfd03d5148735823fbd4.jpg


Hamas chief Ismail Haniyeh on Tuesday said Arouri's killing is "terrorist act," a violation of Lebanon's sovereignty and an expansion of Israel's hostility against Palestinians.

Holy fucking shit. The hypocrisy with these guys.

Just so we’re 100% clear, does this Hamas chief describe what his guys did on October 7th as something other than a terrorist act and a violation of Israel’s sovereignty?

What a fucking joke.


They will criminalize everything they can with rules that are impossible to comply with.
https://image.nostr.build/eda98b979f32c169ae1015251c7ff2c1a8ba4ec8e127259df30208a3c1a1efde.jpg


“Until there’s a problem in the bond market, we’re just fine.”

Which means that when other countries do not continue purchasing our debt, we’ll be in serious trouble.

It seems really strange to me that Eisman thinks funding US deficits will remain a long term strategy.  Just thinking about that rationally, it doesn’t make sense.


We're thrilled to get Passport v2.2.0 in your hands today 🎊

https://i.nostr.build/8QBv.png

With this latest version, you can:

📷  Seamlessly switch back and forth between signing via QR and microSD
🌱  Restore from SeedQR

We've also improved the user interface on Founder’s Edition and added many quality of life improvements across the board. With the number of new features we included in 2.1.0, we took this release to focus on refining our unified firmware between Founder’s Edition and Batch 2, as well as paving the way for full Taproot support in 2.3.0.

Update today directly from Envoy, our mobile app in just a few taps, and read the full changelog in our release notes blog post below:

https://foundationdevices.com/2024/01/passport-version-2-2-0-is-now-live/

If this is your first time updating Passport or you'd like a refresher, we have docs and videos that walk you through every step of the process:

https://docs.foundationdevices.com/firmware-update


It's time to kick the new year off in style starting with Envoy v1.5 📲

https://i.nostr.build/legM.png

This version of Envoy brings:

🥕 Full Taproot Support

🪙 A Refined Coin Control Experience

🇪🇸 Initial Spanish Translation

Plus many quality of life improvements and 🐛 fixes!

For all of the details on what we've shipped in Envoy v1.5, dive into the release notes blog post below in the post below:

https://foundationdevices.com/2024/01/envoy-version-1-5-0-is-now-live/

If you haven't tried Envoy yet, there's never been a better time to experience Bitcoin, simplified.

Learn more at foundationdevices.com/envoy and see how you can go from zero to self-custody in <60s 📺

https://v.nostr.build/zynz.mp4

Are you a Passport user? Keep your eyes peeled on our socials for a big release coming later today 😉


The block feature over there is extremely problematic. Someone disagrees with you after a good faith discussion about a contentious issue, or they disagree with you (say, about bitcoin)?
They smack the block button and all your content and effort disappears from the thread, deleted for everyone I clouding yourself.  Just gone.


Truth https://image.nostr.build/9c357daf7650f23e90fe25081857d338acf21498aa39d4b01067a5137ac06c74.jpg


2024: more of what brings you life, joy, and purpose

& less of what drains you and leaves you feeling empty and bitter


Last chance to donate to HRF this year.

https://giving.hrf.org/page/donate?designationId=EEVKE44J&mc_cid=48890ca097&mc_eid=fe905d4797&recurring=once

You can donate in Bitcoin via our BTCPay Server link in this page.


WE’RE HERE TO BUILD SOMETHING BETTER. nostr:note17cu96d2nh9ry62hpft2twk34s5mh9qa4dkxsd9jq7r5nglw6pgfqn7646n


I am utterly unafraid of CBDCs.
The hysteria is mostly formed from superficial doom-circle-jerk analysis. Successful CBDCs will be a private federated ecash (or something very similar), the wisest built on the Bitcoin stack:

* Private banks will not sacrifice their power over money production via debt (as mints' status quo can continue).
* Privacy/fungibility and acquiring users overrides any Stalinist incentives.
* All we need is 1 sovereign currency producing country to use a fedi-like system built on Bitcoin, Gresham's law will do the rest.
* Building digitally native money is really fucking hard, do not underestimate the work we have done, and how governments will make use of it.

Zoom out. Post WW2 monetary order was a design choice, the next will be for apolitical money as world reserve currency, (let's not be humble) Bitcoin really is the best candidate.
Sovereign currency-producing countries, who actually do their homework, know all this. Having a native digital currency entirely interoperable with other countries' currency via its apolitical base (Bitcoin) IS the solution we are tip-toeing towards. Humanity moves toward greater liberation.
As time wears on, and liquidity pours in bitcoin, it will become stable enough to use naively. Whether people will use really depends on how poorly their CBDC treat them.
This is how hyperbitcoinisation happens.


Money printer go purrrr… 🐱 nostr:note1zey87ufcwn9fs458ywc6vz4gzy2sryxvkcnhxzxkg9jtcnds66uqrga7nc


Three weeks. It’s been three weeks since the CEO of JP Morgan said he wanted the government to ban bitcoin.

And now JP Morgan is listed on the BlackRock ETF filing.

They are all such clowns.


Great piece from Arthur Hayes. Worth a read:

“If Bitcoin ETF issuers end up holding all of the Bitcoin and investors end up buying Bitcoin derivatives rather than hodling themselves, the number of transactions on the network will dry up, and miners will lose any incentive to keep validating transactions.

“The end result is miners turn off their machines as they can no longer pay for the energy required to run them,” said Hayes. “Without the miners, the network dies, and Bitcoin vanishes.”

“Fundamentally, if ETFs managed by TradFi asset managers are too successful, they will completely destroy Bitcoin.”

https://cryptohayes.substack.com/p/expression


I didn’t see its Tax ID on first glance of the website. I will look again and set up a donation.


nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2 is the Texas Bitcoin Foundation a 501(c)3?


Same. nostr:note1h7qad9mlc0pqamtuzck77zruk4lkntz6ja0y4rx4rtyszjnvt70sckzps5


THIS IS NUTS:

T-Mobile changed their TOS to institute FINES for customers sending "non-compliant traffic". This includes S.H.A.F.T (Sex, Hate, Alcohol, Firearms, and Tobacco) related content. 🤦♂https://m.primal.net/HVIc.jpg


Few

https://nostrcheck.me/media/public/nostrcheck.me_6156602509316966301703539476.webp


"There are two things a person should never be angry at, what they can help and what they cannot."


It’s crazy to me that we are still dealing with these types of criticisms from Barron’s despite being thoroughly debunked by repeated, detailed analysis over the past ten years.

“As a tech-savvy buddy of mine who’s owned crypto in the past says, Bitcoin’s ‘use case’ seems to be relegated to porn, illicit arms, and drugs.”

https://www.barrons.com/articles/adding-bitcoin-balanced-portfolio-investing-advisor-c27945e9


Amazing share from nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a talking to nostr:npub1dvufvl73s0xdz8d75dgcyjvl0wrmczczvr0ef88g5x8uehmr4fus0j0pwx, over on the bird site.

https://www.fullmoon.nu/articles/art.php?id=tal


We interrupt these tidings of joy, in light of recent cheerleading for Threads’ purported embrace of interoperability, to remind you that Threads is a hyper-efficient piece spyware masquerading as social media.

Meta and everything they produce are incompatible with freedom. Full stop. https://v.nostr.build/o8Vl.mp4


nostr:npub167n5w6cj2wseqtmk26zllc7n28uv9c4vw28k2kht206vnghe5a7stgzu3r

Looks like the expo center for your 2024 event is 30mins away from downtown Prague.

Can you recommend some nearby hotels to us here, or on your website?


Unfollowed.


I ask sincerely, “Who in the fuck is Zack Voell?”


Trying to explain ₿ to a friend I’ve known for 20+ years. This is not our first conversation about it.

Lately, I’ve shared links showing how it can help mitigate climate change by reducing methane emissions and basically a ton of the research that nostr:npub13lkyycj8s3da6fhndtj0wd6s3s2ahmq86s7wrruvzd4tnc66cgfqn4lpsy has shared/produced.

My friend won’t read past the headlines. Literally. He reads the headline of any article I’ve sent and replies, “That sounds like ‘greenwashing’” and declines to read further.  He then complains about bitcoin’s energy consumption compared to traditional currencies but without any awareness about what the actual financial costs are (never mind the environmental, social, and political costs), or how they might be calculated to create a fair comparison.

I’m honestly a bit heartbroken. This is a dear friend who I’ve held in high regard.  I’m sure he would enjoy reading nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu or nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a or nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe if he had the time.  Well, I thought I was sure. Now, perhaps, I’m realizing that our friendship has reached a limit.  It’s certainly not that I only want bitcoiners as friends. But it’s frustrating to feel myself growing and, see others stuck in their ways.

I got into bitcoin to learn about public/private key cryptography and P2P payments…and then because of its monetary properties, its security qualities, its ability to give property rights and financial access to the unbanked (globally), its censorship-resistance for the people living under authoritarian regimes (or households), its ability to disintermediate legacy payments processors who overcharge on remittances to the Global South, and place a check on central banks who are inflating away our purchasing power and distorting the time-value of money, etc. etc. Bitcoin has now pointed me to learn about energy markets (e.g. the need for base load supply and how bitcoin’s flexible demand response can assist the development of renewables), stranded energy, and how utility companies can use bitcoin’s PoW to develop assets profitably in underserved communities.  It’s fascinating to me.

If my friends don’t see it or worse, won’t spend a few mins reading an article before criticizing it based on the headline, well….  Sadly, I think I need some new friends.


Argentina’s new foreign minister. https://image.nostr.build/a03d8038638cda5deacaec86a5bf2eca32b9df5c5a2f5d1e91ad89a5fadd5d34.jpg https://image.nostr.build/9f2db4fbccfc0a9c65a8728172bdd9eeeb558ea529da3baf76d1770b1912fdd2.jpg


Up down sideways. Enjoy the ride. Stay humble and stack.


Think of UTXOs* as little bits of gold of varying sizes that you hold in your vault. Some are small coins. Some are big bars. Some are mere dust.

In order to spend, you melt down UTXOs into the exact size needed for that transaction.

It costs more to melt down numerous UTXOs than just to melt a few UTXOs. So from a cost perspective, you’re better off having gold coins of standard size for regular spending, big bars for long term savings, and minimal dust.

Each time you melt down your coins at the public smelter, people can see how much gold is smelted. So it’s favorable from a privacy perspective to just smelt a few coins of the size you need, while keeping your larger reserves hidden.

*Unspent Transaction Outputs https://image.nostr.build/a3eabbb169130d549f40d65b37baaf4fd50a45472f43adf67eef3740a085f448.jpg  nostr:note1ukk2hjdnkwyh844yh7890cwq9um7f93mtxtluehrcavw79awukusv5nru3


Thanks, nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx.  It's really starting to make sense.
https://image.nostr.build/91f54b2f73eeb4612f380bbc7375022c902730bd44d817b3f6b3c880229e008b.jpg#m=image%2Fjpeg&dim=1045x762&blurhash=%23SQc%23X%25M%7EAWr9bn%23%3FaIVoz%7EAM%7BXooJV%3Fa%7DIoofRjD*RjtRoexYbIM%7Ct7s.D*xuxWbINIadxtM%7Bt8xtWBkDaxodj%5BRjazWXR%2BWBjYfkfkofRkt7oe%25Lj%5DNHjsoeWBj%5BWBfk&x=c2f9c5f29b85109d766ed486fb8695f4b11ae8a8f42e59d8716887e8cca61070


This fucktard.
https://image.nostr.build/a45e2220acae6d72257a2f9b06c3e3f7c924ebdd0879c2f0c37df9ad07203717.jpg


If you aren't following nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy yet please do. She's been taking a break off Twitter and using nostr more.

High signal, brilliant educator, well spoken leader, and protocol expert. Need more of her type of conversations here and off of twitter 👌


The US National Debt has now increased by $2.42 trillion since the debt ceiling was suspended less than 7 months ago. Fast approaching $34 trillion.

H/T Charlie Bilello https://image.nostr.build/93d395b860eba4fcbbbebf52f9ecbd6aa6b7dd7b39ac4306a4d751c76caba391.png


Earlier on Wednesday, the FASB published fresh accounting rules that will allow companies that hold bitcoin (BTC-USD) or ethereum (ETH-USD) to record gains and losses immediately and classify crypto assets as financial assets. That, in turn, dismisses uncertainty over how much their holdings are actually worth.
Michael Saylor, founder and former CEO of business software maker and bitcoin HODLer MicroStrategy (MSTR), said the FASB guidance will make it easier for companies to adopt bitcoin (BTC-USD) as a treasury asset.
FASB has officially adopted Fair Value Accounting for #Bitcoin for fiscal years beginning after Dec 15, 2024. This upgrade to accounting standards will facilitate the adoption of $BTC as a treasury reserve asset by corporations worldwide," he wrote on X.

https://seekingalpha.com/news/4046121-bitcoin-erases-weeks-losses-as-fasb-guidance-set-to-beef-up-adoption


The Bitcoin ESG Forecast is out Check spam filters for the email, or subscribe below Issue

#002: All Time Highs

https://danielbatten.substack.com/p/issue-002-all-time-highs?r=26zy4u


Friendly reminder that laws have implications, and that laws need to be enforceable to be effective.

https://dergigi.com/2021/08/02/implications-of-outlawing-bitcoin/


My latest piece: yes, Bitcoin is actually already helping water security in one of the world’s driest nations. And it is on track to rinse and repeat this model.

https://bitcoinmagazine.com/technical/how-bitcoin-improves-water-abundance-in-water-scarce-nations


As a reminder, writing software is a protected act of free speech in the 9th circuit. While not a bulletproof defense, this is an attack on free speech. nostr:note1e263ed8an344l2aetklxecr82hy60tfkd7d3zspas54vyc3cpeasksxwwa


OVER A HUNDRED TRILLION US DOLLARS WORTH OF BITCOIN HAVE BEEN TRANSACTED WITHOUT SUCCESSFUL CENSORSHIP.

AMID ONE OF THE GREATEST FINANCIAL CENSORSHIP REGIMES IN HUMAN HISTORY.

JUST THINK ABOUT THAT FOR A SECOND. LET IT SINK IN. APPRECIATE IT. DEFEND IT.


it takes less than 3 mins

DO IT nostr:note1vcjkhfsqm38gt836snzyhqqe0u7hl2ulmu5uh65fehwwf8kenuyqfcktpe


If you own 25% or more, FinCen wants your passport or driver’s license.


FinCen just wants to know all owners of all LLCs:

https://content.govdelivery.com/accounts/ORSOS/bulletins/3776af5


Loop Daddy


GM

https://video.nostr.build/1c02f8ab9896537050ffadab24a6cd09a136e72b794f0e96014f21b3a01743cd.mp4


I think about this a lot.


The path of every fiat currency:

worth less,
worth less,
worth less,
worthless.
 - nostr:npub14hn6p34vegy4ckeklz8jq93mendym9asw8z2ej87x2wuwf8werasc6a32x

#BitcoinTwitter
https://bitcointwitter.web.app/images/609.png


Over a contentious issue or conflict, specifically?  Or for personal reason?


True use case for it is criminals, drug traffickers, anti-money laundering and tax avoidance. Break it down.

https://video.nostr.build/fab89f588fc617fbb7e0ee36901491edc9c281530602e85f6fcbb905b275bda6.mp4

Turn it up!

😂


So nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z wrote a detailed takedown of FinCEN's recent anti-privacy proposals.

It's a masterpiece, imo:

https://egodeath.capital/blog/fincen-may-be-violating-your-rights-bitcoin


Virtual companions, eh?

“You know, I can arrange a meeting with the girl in the red dress, Neo.” https://image.nostr.build/17a5d4c8df5cce460f73f763c1ed259fb14a24f0a3a469afe6cf909eb030105c.jpg


gm, it's time to ask more questions ☀

https://video.nostr.build/dd90852ed88247e22fa7dde703e88c975926584b0d4dab9909ef49d1c5e22f1c.mp4


Meditate, quiet your mind, and allow it to become as empty as block number 820036.


New project?


Effortless Transactions. Instant Satisfaction.

Master the art of simplicity: Send your Bitcoin in 4 easy steps directly from your mobile wallet and take self-custody, because why settle for anything less?

https://v.nostr.build/8J7W.mp4

1⃣ Open the Envoy account to be spent from and tap Send.
2⃣ Populate the recipient's address by pasting or scanning a QR code, enter the amount to be sent, and then tap Confirm.
3⃣ Select the fee based on your required transaction priority and then tap Confirm.
4⃣ Review the transaction details, then tap Send transaction. 💥

Welcome to Bitcoin, Simplified with Envoy! Download today:

https://foundationdevices.com/download/


How many movies have these two been in together!
😀


Once you experience this for yourself, it cannot be unseen.

Ask Wences
Ask Andreas
Ask anyone living in a country with inflation at double and triple digits.
Ask any Indian who had their  ₹500 and ₹1,000 bank notes demonetized in 2016.
Ask anyone who held a currency that was de-pegged from the dollar by their own central bank.

Study Bitcoin. nostr:note12fdp0zxnhau2dyq8rcymsrm06gdx7vr4xqzp9mugfcwetld9p46sl6uqj5


welcome roya! https://cdn.nostr.build/i/0b29011101f6d07e2a6ce1c4b76b547c58e1ffa1824063711e248f1cf7144ccb.jpg


Good Morning Nostr 🧡⚡

ICYMI, we released Envoy 1.4 yesterday and I'm extremely proud of it.

Coin control and management is important, and now easier than ever!

nostr:nevent1qqsrwf6uvngs94hk4gdq5vaxtczeyte0x2k2zgh4regpll9kphpahwcppamhxue69uhkummnw3ezumt0d5pzpq7chv3n9rr8an32mufsdkuhu0cz0wznmz767gndq8pwpukw4h3wqvzqqqqqqy8r4efh


Yeesh.


Nevermind!  I just found it in the privacy tab. 💕


In order to connect to my node, there used to be a “network” section in Settings. It’s no longer there in 1.4?


The one you have all been waiting for - Envoy 1.4 👀

Unleashing the power of:

🪙 Intuitive and easy-to-use coin control
🏃♂ New Activity Center and Privacy Shield
📚 Redesigned Learn tab
🌈 Broad UI/UX improvements
🐞 Bugs squashed

Let's take a look 👇

🪙 Coin Control - No longer just for techies, our user-friendly approach lets even grandma tag funds, lock/unlock coins, and spend with ease. 👵🏻

Unsure what coin control even is? We've got you! Check out our self-custody educational thread below:

https://twitter.com/FOUNDATIONdvcs/status/1731372754073485449

📚 Redesigned Learn tab - Dive into the all-new Learn tab in Envoy! We've given it a makeover with a fresh UI, improved video player, and the ability to read blog posts right in the app.

Plus videos and blogs now automatically get marked as read as you learn! 🎉

🏃♂ New Activity Center and Privacy Shield - Our privacy settings now have a dedicated space on the toolbar, ensuring quick access and intuitive control.

Plus, the revamped Activity Center offers a comprehensive view of transactions, firmware updates, and future announcements.

🌈 Broad UI/UX improvements -  Discover improved @torproject connectivity with the new Arti Tor client, making it more user-friendly than ever.

Also, redeem nostr:npub1yn4mddvdpwvy49jmwmuze600lpu4ej2sskjdp80dc455nm2edtdqaztec0 vouchers effortlessly! Experience the fastest and easiest sat stacking with Azteco + Envoy.

🔒 Stay in the loop with automatic backups every hour (Magic Backup users, this one's for you!).

Discover more new features and improvements than we can share in one thread! Dive into our blog post for a deeper look at what's in store in Envoy 1.4:

https://foundationdevices.com/2023/12/envoy-1-4-say-hello-to-coin-control/

🐞 Bug squashing - We've ironed out minor glitches, boosted security, and made your experience smoother.

No more fiat for testnet coins, improved error messaging and displays, and swift fixes for a rare app freeze on iOS.

🌟 Bonus Features: We're rolling out full BRL fiat conversion support — Brazil, welcome aboard! 🇧🇷

And that's not all — we're introducing sleek new icons for units ("sats" and "btc") for a more intuitive and visually appealing experience.

Experience easy self-custody on the go, with the most significant Envoy release to date 🔥

Your feedback is invaluable — let us know your thoughts below.

Want the fine details? Catch every new detail and feature in our release notes:

https://foundationdevices.com/2023/12/envoy-version-1-4-0-is-now-live/

📲 Dive into the simplicity of self-custody with Envoy and experience Bitcoin, Simplified on your mobile.

Download now for seamless control:

https://foundationdevices.com/download/
https://nostrcheck.me/media/public/1af22a07ed18ebf49188aa682db3b08e94b4eddac603627213f75dc9a251ff6b.webp


Enjoy the ride


Thoon


Stay humble


Talk of ETF approval misses the forest for the trees. It's not just about immediate reactions or flows

It's about the recognition of $BTC as an institutional asset. Pensions, endowments, insurance investment portfolios, etc., will soon be entering the arena with passive buy-side flows for the long term.

In December 2020, Mass Mutual invested $100m into bitcoin. https://t.co/xdMyT7Dxxi

MASSIVE.... except not really. Mass Mutual manage $235b in assets, with long-dated fiat liabilities. https://tinyurl.com/yz3b4hpn

$100m of $BTC is a ~0.05% allocation...

Large institutional investors don't purchase something to flip it the next month. They are constructing portfolios for multiple decades.

A 0.05% allocation is just the start. There are many more many more Mass Mutuals out there, and all of these allocators are staring at their bond portfolio which is -50% from ATHs, questioning previous assumptions they held.

The endorsement by the likes of Larry Fink isn't a sign that Larry is suddenly a bitcoin bull, it's a sign that clients are knocking on BlackRock's door, asking for a vehicle to gain exposure.

The narrative violations are strong. Passive accumulation starting from the $69k ATH has you +45% right now on your bitcoin position. The same passive allocation into long bonds has you -12%.

"But the volatility!" Again, it's a misunderstanding of time horizon. A ~1% allocation to an asset that they don't plan to liquidate for years/decades, with an extremely strong sharpe ratio, is within their risk profile. If you want proof, just look at the rest of their portfolio...

- No, the orange coin is not going away.
- No, it did not die when FTX collapsed.
- Yes, supply is more tightly held than ever before.
- Yes, perpetual credit expansion of the fiat monetary system is an ongoing reality.
- No, there is no sense of fiscal austerity present ANYWHERE.
- Yes, this illiquidity means marginal flows into the market sends the price higher, which is why all of these institutions will start with a tiny ~0.05% stake, while continuing to passively allocate steadily for the long-term.

Reinforcing this all is the shift in narrative and negative bias around 'energy usage' and mining, evidenced by new academic papers on mining as a tool for balancing the grid and monetizing waste energy:

- Bitcoin could support renewable energy development, Cornell Engineering, https://t.co/EZopJJAM2i

- Leveraging Bitcoin Miners as Flexible Load Resources for Power System Stability and Efficiency, Co-authored by former ERCOT CEO, https://t.co/PEpGE65la1

- From Mining to Mitigation: How Bitcoin Can Support Renewable Energy Development and Climate Action, ACS Sustainable Chemistry & Engineering, https://www.resistance.money/research/mining_to_mitigation.pdf

The landscape and profile of the asset has shifted. It's not about the ETF, it's about the reason WHY the ETF is coming. Institutional exposure has been given a green light. It won't happen all at once, but understand the shift that is underway.

Bitcoin has been passively accumulated by individuals and retail for sometime now, while institutions mostly watched the madness from the sideline. This is changing.

Welcome.
https://m.primal.net/HRqB.jpg
https://m.primal.net/HRqC.jpg
https://m.primal.net/HRqD.jpg


No clue how @npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze can sell itself on a platform of "transparency" and "bringing censorship-resistance back to Bitcoin" when this is how they approach things.

Can't think of a more disappointing Bitcoin launch in recent memory. Maybe community pushback will make them rethink their approach, but I can't sit by and watch this unfold without calling out this BS.
https://nostrcheck.me/media/public/57f54acce26acba03282480936f7b055452c28fe0d80001376e127b48e9906cd.webp
https://nostrcheck.me/media/public/288026b002e71c2faa76ee64b7795141e98ade94b157412beb7cecc4b50b9b11.webp
https://nostrcheck.me/media/public/4409358f1bcb29e0964a07352a26e1b1cc32796a29cb212e4c5ce3eafd41f57b.webp
https://nostrcheck.me/media/public/8dde889e9227e7ad1d2c6479504ed24e000dc70880d20e5a1845ef81e98ddcf3.webp


So, uh, hate to break it to all those cheering for  @npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze so far but it seems they’re already censoring transactions intentionally…

Details here:

https://x.com/checksum0/status/1730004768410493183?s=46

How it started:                    How it’s going:
https://nostrcheck.me/media/public/9e35bea02e3200325df6f7e59cec3d50dc135ed7792793504f2a2c0e76460986.webp
https://nostrcheck.me/media/public/4d2448623deb77d3e9a98e399d5844c05d94d723e5da607df89274f7d37a4bc8.webp
https://nostrcheck.me/media/public/a3fb71791c06c12224c15b52b32f61c16e10dcc3ff86c51c42d9ac565dce5535.webp


RIP Charlie Munger. https://image.nostr.build/0465fe9dd537ee352ae701fae1d25cc9690cc9b38b77396a6490b8c7cc25bf7b.jpg


we keep shipping at Strike

yesterday we turned on fiat card on-ramps for Mexico, Brazil, India, Vietnam, and Guatemala

today we released sending to Lightning Addresses. you can send fiat or bitcoin to a Lightning Address with Strike. here is a demo where I send nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx $10 from my bank account to his Lightning Address. we aren’t far away from cross-currency payments over the internet looking like sending an email over the internet

Strike Africa, Strike EU, Strike LatAm coming up next. looking to ship Africa before Christmas

stay humble, stack shipping 🚢🛳⛴ https://v.nostr.build/8KPa.mp4


Suriname?


If you’re into JOMO, I recommend reading Oliver Burkeman’s, The Antidote.
His more recent book, Four Thousand Weeks, is also good. nostr:note1dxdsv2f0cffufefwg3de3ean4rzy20frh9cgh4shg2hmj37dw4zs2gvjyd


What would it look like, if an emergent money was being monetized?

Often when I talk with academics or other high-IQ critics of bitcoin, it’s the volatility and seemingly speculative aspect of it that turns them off. It’s almost distasteful to them. They can get behind the idea of global open-source payments and so forth, “but that’s not why people buy it” they’ll say. “They buy it because they’re speculating. It’s too volatile for its own good.” Some aspect of them dislikes it in principle, almost *because* one can make money from it.

But a new decentralized money, including its own unit of account and liquidity, doesn’t just emerge as a multi-trillion dollar-equivalent network out of the box. In order to go from zero to trillions in market capitalization and liquidity, it needs upside volatility. And with upside volatility comes speculation, leverage, and downside volatility. Cycle after cycle, it’s priced like an option. At first it’s like a 0.1% chance that it succeeds in the long run. And then in the next cycle it’s like 1%. And then in the next cycle it’s like 5%, and so forth. So, early capital allocators that have seen a thing or two and know the high failure rate of new ideas will say, “This’ll probably fail, but if it doesn’t, both the investment gains and the macro implications will be enormous.” And then 15 years into it with a few more cycles under its belt, the probability of success looks less like a distant moonshot and more like a real possibility, and then eventually starts to look like the base case. In the beginning the question is, “how will this succeed?” and at later stages the question becomes, “what risks could prevent this from continuing to succeed?”

The process of buying bitcoin is often a speculative process at first, but then as people learn more, they often view it differently. Those that really want speculation will then continue down the pipeline of altcoins- there’s always some shiny new object to try to speculate on. On the other hand, those who begin viewing bitcoin as money, start to view it as a defensive or risk-off act to hold a piece of this liquid and globally decentralized network of value. One would feel too financially exposed not to.


Science!

Stay in school, Kids.


Consequentialism is a cute thought experiment, but not more than that since outcomes are always unknown.

Deontology would be nice, because there would be consistency in the performance of life’s (and the individual’s) moral duties, once they were established. There is a comfort in simply following rules, but history has shown humans aren’t reliably good at doing so.

Virtue Ethics is the best we have but, sad to say, requires a level of thoughtful and empathetic analysis which I think is only interesting to an insignificant minority.


It will be United States v Lightning unless something drastically changes at the federal regulatory and treasury level and/or if states go more on offense to protect citizens rights to use and transact with bitcoin however they wish, as would be overwhelmingly supported by the constitution and hopefully in federal and ultimately the Supreme Court.

This is where we’re headed folks


*shit


Andreas M. Antonopoulos.

The M stands for “Mad as hell and not going to fucking take this shots anymore” nostr:note1geuqp6rqdxacrtv8n7uvcx38sw0lsy78de832gjw4mxkmw6k75fqr9thxd


#bitcoin Liebe 🧡

#einundzwanzig https://video.nostr.build/3040a6e58ac9bf98d669b83ab9c8d495c90cd5817df4d4d0cb6a86eb00232249.mp4


Witness me!!!


Oh hell yes.
Already enjoying my hard copy.  But how can I say no to nostr:npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev?


"The makers of fortunes have a second love of money as a creation of their own, resembling the affection of authors for their own poems, or of parents for their children, besides that natural love of it for the sake of use and profit which is common to them and all men. And hence they are very bad company, for they can talk about nothing but the praises of wealth."


With my new role at HRF, I look forward to exploring the various ways people living under authoritarian regimes are reclaiming their #financialfreedom with new technologies. That’s why I’m excited to announce the launch of our newsletter, the Financial Freedom Report. 📰

The Financial Freedom Report will arrive in your inbox each Thursday morning and will focus on:
- the role money and banking play in the civil liberties and human rights struggles of those living under authoritarian regimes
- highlight how new monetary inventions like #Bitcoin can help secure more personal freedom for people even in the darkest dictatorship
- showcase real use cases from around the world
- and feature new tools and applications that can protect our financial freedom.

To my understanding, this is the first newsletter to explore the intersection between #humanrights and #financialfreedom, which means you have an opportunity to be at the forefront of this conversation. 🔥

Highly encourage you to subscribe here: https://mailchi.mp/hrf.org/financial-freedom-newsletter


Try adding any of the following:
Ashtanga yoga at dawn
Transcendental Meditation 2x/day for 20mins
Cold showers for at least 30secs, daily
Ayahuasca ceremony
Personal journal

Try reducing any of the following:
Caffeine (switch to tea)
Alcohol (only consume highest possible quality spirits, and do so only on special occasions)

Try subtracting any of the following:
Twitter and FB products
Television


“will” is carrying a lot of weight in this sentence. Sure, he’s pro-bitcoin. But to say “will” carries a certainty that you can’t know, unless you do.  So, my response to you is:

….When?

Are we talking weeks, months, or years?


A pro-bitcoin president of Argentina would be pretty wild.

Argentina has 7x the population of El Salvador.


Per popular demand. X’posting here.

Lately, there's been more debate around the value of the #Bitcoin  Lightning Network. Based on the work we've been doing @Lightspark for the past 18 months, I will share my honest view.

First things first — Bitcoin is the only viable neutral settlement asset and network that can usher in a new era of global real-time payments. Everything else is either too centralized, not secure enough, doesn't have the required regulatory clarity, or doesn't have the required depth of liquidity against the (fiat) currencies that people and businesses want to use for everyday transactions.

Once you believe the above, you must make Bitcoin move faster and cheaper than on L1 to make it competitive and valuable. But, you need to achieve this while retaining Bitcoin's trust and security principles. In other words, no new consensus paradigm. You also need to introduce privacy, while not sacrificing compliance.

Once you add up all the above, the only way forward — at least for now — is to use the Lightning Network.

Now let's talk about the challenges. Lightning used to be complex, failure rates for higher value transactions were relatively high, managing liquidity, rebalancing channels, and keeping a node up and running, were all things that got in the way of adoption. To the greatest extent, this is now a thing of the past. We — and others in the industry — have addressed these shortcomings and complications with good software and services. On Lightspark's stack, you can get up and running in no time, without ever having to learn about channels, liquidity, routing, or any of these different concepts.

To be clear, the above works exceptionally well for enterprises, and custodians. It allows them to settle BTC in near-real time, at a very low cost, in a private, compliant, and reliable way.

Add to that the newly launched and open-sourced UMA (Universal Money Address) standard, which extends LNURL to add compliance and FX capabilities, and any consumer or business can send and receive any currency of their choosing in real-time with a human-readable address between participating institutions without ever knowing Bitcoin or Lightning was involved. Just as someone sending an email doesn't think about SMTP and TCP/IP. It just works.

So we're done? Is it all great? No. It's not. We collectively have much more work to do. I agree with @Leishman, Lightning with the above advancements works well in custodial/institutional settings. This is why at Lightspark, we started our development journey by focusing on enterprise solutions at first. This is where most of the volume is, and where we felt we could have the most impact in the short and medium term.

Let's now turn to the work ahead:

- Non-custodial Lightning: as much as custodial LN is now fully ready for primetime, self-custody on Lightning presents two distinct challenges: (1) offline receive; and (2) channel open fees for smaller transactions. About (1) — if you're running a node on your device unless your app is foregrounded (iOS), or if you have bad connectivity, you won't be able to receive an incoming transaction. And (2) — opening channels with higher L1 fees is currently cost-prohibitive. Some solutions are being worked on to address these, from @lightning labs to @spiralbtc, and of course @lightspark. But to be blunt, if you want full support for non-custodial Lightning with offline receive and want to make it economically viable, you have to accept some form of compromise on the trustlessness level of the solution. With some solutions, you have to trust an LSP, with others, it's a bit better with more distributed trust across different entities/service providers. This will be for consumers to choose between usability, cost, and full trustlessness. There's a lot more work and research that is taking place to improve these solutions and find non-linear breakthroughs, but for now, tradeoffs are required.

- Pushing identity / addressing to be fully self-sovereign: LNURL, and by extension, UMA, is fantastic when it comes to user experience, but users rely on their custodians to provide the addressing service as it relies on DNS. Again, it's probably fine for most people, but that doesn't mean we shouldn't push harder to enable people to own their identity and money address and make that portable. Some exciting work we're tracking is what @TBD54566975 has been building with DIDs. We're also wondering — and to some, it'll be blasphemous! — whether there are interesting bridges to make with ENS in the future.

- Issuing other assets on Lightning: bringing stablecoins and other assets onto the network to make it more efficient for a subset of transactions will be critical. @lightning has been working on Taproot Assets and making good progress, @bitfinex is working on RGB, and we're working to help make this a reality across the board.

Lightning is seeing more talent flock to it rather than leave it. It's ready for primetime and mass market for exchanges, custodial wallets, banks, and institutions. It needs more work for non-custodial wallets and applications, and to bring stablecoins to the network. But let's take a deep breath. We're about to see #Bitcoin  become the standard protocol for money on the internet with mass adoption on the horizon. It'll require tradeoffs and collective efforts, but I'm more bullish than ever on our odds of success.


Not that anyone asked me, but the best shows ever made are:

The Wire
Mr. Inbetween
Succession


Lyn came here to distill high finance and drop F bombs.

And will never run out of either.


Same


It’s worth re-reading this piece from nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc as a reminder of ₿itcoin’s brilliance:

https://dergigi.com/2021/01/14/bitcoin-is-time/

🧡


nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m
See this, too from Australia, if you are planning on visiting there:

https://damus.io/note1ex96em3vdmd5v0mdgh5840t28twx76ehwjd4jrchtskaqjrx5ygs5cvljq


It's not the case for everyone, but for a lot of people, participating in something that they perceive as bigger than themselves is really important. They want to leave a tiny mark that goes beyond their own life in some way in terms of reach or in terms of time.

Sometimes it's religion, sometimes it's patriotism, sometimes it's a certain political/ideological movement, sometimes it's a professional guild, sometimes it is advancing technology, sometimes it is advancing art, etc. Could be any number of things.

Mine is mixed, but it's basically the intersection of technology and human rights. I want to support technologies like Bitcoin and Nostr and others that empower individualism and human rights. People should be able to engage in transfers of information and commerce largely unrestricted. They should be able to protect themselves from currency dilution. They should be able to do this regardless of their race, religion, nationality, gender, sexual orientation, or whatever, as long as they are not actively trying to hurt others. It should require probable cause and the allocation of deliberate resources and time by authorities to prevent bad people from doing these things, rather than being automatically applied to everyone as a matter of course. And this can't really be asked for; the technology has to be built and shared so that the burden of difficulty is on those trying to make it otherwise.

And for me, that means educating people about these technologies, providing capital or economic guidance to people these technologies, otherwise doing whatever small part I can to help improve the success or adoption of these technologies.

Other than that, I just want to leave my little slice of the world better than I found it. I want to help rather than hurt. I want to beautify rather than destroy. I want to unify differing views through objectivity and open talk and help create collaboration and coexistence, rather than sow unnecessary division. This doesn't scale as well and can't win as decisively as technology can, so it's mainly just my side thing.

What's yours? What is the thing(s) that you want to participate in that are bigger than yourself?


Over the line, Smokey!!


Pro/Con of “Privacy” Phone Numbers/Services

JMP.chat
Type: Number
Pro: No KYC VoIP to XMPP (or Matrix) for anonymous Bitcoin, so you're using an open source client
Con: Only US and Canada numbers.  They're just reselling Twillio VoIP, which means that not only are you just paying more just for anonymity, but many services recognize these as Twillio VoIP numbers and will block you.
Solutions: There exists the possibility of buying a real world physical SIM and then transferring over service to JMP VoIP.  But you’re better off using 1 time burner services for most account registry.

Hushed
Type: Number
Pro: No KYC VoIP for Bitcoin, similar to JMP.chat
Con: Uses their proprietary client which isn’t private through the Google Play store.  I’d avoid Hushed.

Silent Link
Type: Number + Service
Pro: No KYC Crypto SIM card that separates billing and identity from the literal cell tower carrier
Con: Uses eSIM which requires Graphene’s Google Push service sandboxed.  No outgoing calls.

Calyx Institute Hotspots
Type: Service
Pro: No KYC WiFi hotspot for Crypto
Con: It’s just reselling T-mobile service, so if you use this in your home and your home is KYC, then T-mobile will likely figure out that it’s you since celltowers see geolocation.
Solutions: You can avoid this by putting the hotspot in a faraday bag, and only using it outside your home.

MySudo
Type: Number
Pro: Multiple burner VoIP lines
Con: Requires Google Play store JUST to PAY for it, but then can be used on a degoogled phone once you add credit.
Solutions: This can be sandboxed or put on a separate old device and you can use bitrefill to buy the credits with cryptocurrency

SMS.usmobilenumbers.com
Type: Number
Pro: Quick easy cheap burner anonymous SMS verification for cryptocurrency.  It’s real SIMs and not VoIP.
Con: US only.  They resell the number for OTHER services, which MAY trigger anti-fraud for SOME services including Zelle, eBay, PayPal, LinkedIn, and others.  So you risk a ban on accounts.
Solutions: Avoid putting money in any account for a few days to see.  Use a residential proxy IP instead of a datacenter VPN, especially for eBay.

VirtualSim.net
Type: Number
Pro: Great for abusing foreign numbers in poor countries such as Cambodia or Ukraine for Signal or Telegram.  Quick easy cheap burner anonymous SMS verification and/or longer term monthly numbers for cryptocurrency.  It’s real SIMs and not VoIP.  Their customer support is excellent and we highly recommend them for Telegram verifications.
Con: They may loose access to the burner number after a period of time (like a year) where you can’t renew and someone else COULD potentially verify the number.

Crypton.sh
Type: Number
Pro: Huge amount of countries for real SMS anonymous crypto.  Get sought after Western European #s here that normally have strict KYC rules on physical SIMs
Con: Overpriced setup fee for 1 time SMS verification, but if you actually live in (or desire) that country it’s okay.  There’s no real purpose in all their “at rest encryption” advertising, because SMS is unencrypted transport.

Follow us on Nostr for more!  Repost this if you want us to keep doing them.


Quality content


Repeal the Bank Secrecy Act

https://www.coincenter.org/its-time-to-have-the-conversation-is-the-bank-secrecy-act-unconstitutional/


Dear friends, today is a great day for online privacy!

With an overwhelming 51:2 vote, the EU parliament has decided *AGAINST CHAT CONTROL*  proposed by the EU Council. It included warrantless mass surveillance of phones and circumventing end-to-end encryption.

The fight is not over yet.

We will see how the Council adjusts its stance.

https://proton.me/blog/eu-parliament-chat-control

https://www.patrick-breyer.de/en/historic-agreement-on-child-sexual-abuse-proposal-csar-european-parliament-wants-to-remove-chat-control-and-safeguard-secure-encryption-2/


Silicon valley is cheering for yet to be released "GPT store" (AI agents marketplace) While we already have several open AI agents marketplace on Nostr.

https://vendata.io/
https://tasktiger.io/
https://chat.plebai.com/

Nostr AI agent marketplace is based off NIP-90, it is open and there it is not controlled by one company and uses lightning micro payments.

Don't let "GPT store" become another App store and strangle around our neck..!

Please repost this for visibility and spread the word to your friends and family...!

cc: nostr:npub1nxa4tywfz9nqp7z9zp7nr7d4nchhclsf58lcqt5y782rmf2hefjquaa6q8 nostr:npub1x5nfafs95as966kkkvd773wvv5qtjyd27fy3g67jxyzln93mk02qdgdkan nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft


Also note that you need to disclose if you were ever found guilty of traffic violations such as a speeding ticket or illegal parking: https://image.nostr.build/340dbd83958be0218817bbb02e8292dd72e115b0719ccd2b03b40ed263cf48dc.jpg


Attention to all those who believe privacy is important (e.g. nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1sn0wdenkukak0d9dfczzeacvhkrgz92ak56egt7vdgzn8pv2wfqqhrjdv9).

A friend of mine (US Citizen) is traveling to Australia. They are required to download an app, provide precise location, provide a scan of their passport, and provide a selfie.
Then they must agree not to hold Australia or its agents liable for improper or unauthorized use. See below and please repost: https://image.nostr.build/2eb50debd56a3c28761c4f336fdf63a57d8de84a4af1ebef9c51ad1a24c0b0bb.jpg


"If you want to see a world where the US is a leader on Bitcoin...you need to be engaged in the process." - Dennis Porter

My guests today are Dennis Porter and Jason Brett. Dennis is the CEO & Co-Founder of Satoshi Action Fund and the President & Founder of Satoshi Action Educate, non-profits focused on building policy and education for lawmakers and regulators on Bitcoin & Proof-of-Work mining. Jason is a former FDIC Capital Markets Regulator during the 2008-2009 Global Financial Crisis, a policy advisor at the Bitcoin Policy Institute, and Founder & Chairman of the Board at Value Technology which encompasses the use of blockchain to form decentralized, secure data exchanges.

In this episode we discuss bitcoin's regulatory and political landscape, including the hotly debated FinCen proposed new regulation to enhance transparency in convertible virtual currency mixing and combat terrorist financing. While this proposed rule in many ways in overreaching and emotionally tuned, there is much to be hopeful for in terms of the regulatory landscape in the United States toward bitcoin, our legal system, the potential and anticipated Bitcoin spot ETF's, and some bipartisan efforts to promote bitcoin. That said, there is still a lot of disappointment in anti-Bitcoin rhetoric and what many politicians, especially progressives and democrats, seem to be missing about bitcoin. We discussed how to engage in the political process regarding bitcoin and what progress folks like Dennis and Jason have been making on that front and so much more. We are incredibly lucky to have Dennis and Jason on team bitcoin, engaging in this mainstream, political world that is critical to positioning the U.S. as a leader in bitcoin and having U.S. citizens reap the full benefit of what a pro-bitcoin US regulatory and political landscape could look like.

Watch via our YouTube channel or wherever you get your podcasts (link in bio)

https://image.nostr.build/a12a677c8b2cc1c39a0b9b3797fe75ca7c80dd0a0db88fd4e1d78ea87c778b04.jpg


Amazing.
Just amazing.

Level-headed, as always.  Thanks for sharing your perspective.


“Responsibly all-in.”

“I like the orange coin. A lot.”

My research and audience straddles the macro finance world and the bitcoin world. And so humorously, I get heat from both sides.

“Lyn, I love your macro work but you’re too obsessed with bitcoin; I wish you would focus less on that stuff.” -hedge fund reader.

Vs

“Lyn, since you’re a fellow bitcoiner, why do you only have a 5-10% allocation to bitcoin in your public model portfolios!? Shouldn’t you sell all your stocks and buy more?” -fellow pleb.

I talk to many institutions, as well as high net worth individuals, and medium net worth individuals like engineers and doctors. This is where individual situations come into play. I had been watching bitcoin for a while, publicly wrote about it near the top of the cycle in 2017 and (correctly) passed on it from that point, but then kept watching it during the bear market and then hardcore jumped into it during the March/April 2020 crash starting at $6,900/coin as a long-term bull, and haven’t wavered since.

For example, 2.5 years later as Bitcoin crashed amid the FTX fallout in November 2022 from 69k to sub-16k, I was at Pacific Bitcoin laughing about it. I was not uncertain.

In those initial months of 2020, I put every dollar of my liquid capital into bitcoin. I didn’t sell my existing stocks and trigger capital gains tax, didn’t withdraw from my IRA or 401(k), but otherwise most of my existing liquid cash and all of my incoming earned cash went into bitcoin. I threw like a quarter of my net worth into it. And it paid off. For me as a conservative investor, that was my version of “all-in”. I wasn’t fucking around. I never go all-in like that, but I did it for bitcoin.

I grew up poor, and then worked for 12 years in engineering and engineering management. There is no world where I would invest in such a way that there was even a 1% chance that I could be wrong and lose my entire net worth and the past 12 years of my work at that point. I would never be 100% invested unless I consider it to be risk-free, and I consider nothing to be risk-free, and so I diversify by default. I am conservative as a baseline, but opportunistic when appropriate. I put at most 5% into any one stock, but I threw 25% into bitcoin as an anomaly due to how bullish I was. My husband was like, “what are we doing?” and I was like, “trust me, here’s why”.

And then, there are eight family members and associates who, if I were to go broke, would have to radically diminish and change their lifestyles. Their housing support and their everyday income comes significantly from my earnings. It’s like running a small business. So, when I see people on social media be like, “wHy DoN’t YoU gO aLl iN?” I’m thinking like, “Bitch, I’ve gone about as all-in on this new distributed ledger as I can while still sustaining a reasonable level of lower volatility equity and other assets for tangible income and fallback support for eight people”. And then I realize the anon who wrote that is probably a single dude in his parents’ basement, and my response is unwarranted. Don’t let anons on social media affect you.

For example, our extended family ran into a liquidity issue and had to change households this year, and we got a good real estate deal but it was based on me having six figures in liquidity to just throw around at short notice, which meant having maintained adequate diversification for that possibility, which I was anticipating.

In my model portfolios, I began to recommend a 5% bitcoin allocation in early 2020, and then I took some chips off the table in 2021 near the highs after a 3x and 5x gain as Musk was pumping Dogecoin, to rebalance back down to that 5% target. Why? Because not everybody has put a thousand hours of research into it and can realistically put a quarter of their liquid net worth into it. My point was, “your portfolio has zero bitcoin, you should probably have at least 5% bitcoin, and better yet, you should buy bitcoin non-custodially at whatever size is appropriate for you. As it soars, rebalance. As it falls, buy back in.” That rebalancing worked well for my public portfolio. I warned of exuberance, leaned into fear, despite not trying to predict any short-term price action.

And during 2022, amid the bear market, I joined the formation of Ego Death Capital, a bitcoin-only VC firm, as a founding advisor. And more recently, I’m leaning more into that role, and some announcements regarding that are incoming in terms of my deeper involvement. In other words, while bitcoin price action was in a period of weakness, I was happily ready to lean in to it with my capital, my time, and my reputation, to fund bitcoin companies that were developing cool stuff. https://egodeath.capital/portfolio

And then there was my husband’s wisdom. He edits all of my research reports, among other work that he does. And he has better wisdom than me overall. One day in early 2023 amid the bear market out of the blue after hardly ever talking about bitcoin he was like, “How many bitcoins do we have?” I said the number X but also explained that I am buying more lately. He said, “Alright, good, let’s get to Y soon. I know you are super cautious, and I love that, but don’t mess around on this. Buy more. Push harder. I know you have extra pockets of liquidity above the baseline. Use them.” By Y, I mean he gave me an aggressive number that was a bit above what I would have otherwise done in that timeframe.

I was like, “Okay I’ll try. But I mean, we need certain liquidity.” And he said, “I’ve edited your research reports for years. I’ve never seen you more convicted on something. Don’t fuck around on this. Lean into it. We will figure out liquidity if need be. You said to trust you in early 2020 when you initially bought it. Trust me here in 2023 when I say to buy extra vs whatever you’re buying. I can read you better than you can read yourself, and the answer is to buy. You’re being too conservative.” I followed his advice, at like sub-$20k and sub-$25k.

And then later this year, within the past few months, we indeed balanced it very tightly; I had bought as many bitcoin for us as we could early in the year and I barely hit the target he set since I was being cautious, and then we ran into a surprise liquidity requirement (changing households in Egypt) and needed to throw capital at a new place as a down payment for our family for seven people, and I was like, “This is why I maintained so much liquidity, btw. We have it because I saw this type of thing coming!” And he was like, “But we have it, right?” I and I was like, “Yes, barely at such short notice!” And he was like, “So we have the exact amount then, fucking nailed it!” The yin-and-yang worked well.

The point is, I’m as all-in on bitcoin as I get with any asset. Which means to say, I am ready to survive its failure or repression in long bear markets without selling any, but I am also highly engaged and invested in its success.  I never go all-in on anything, but I’ve never leaned into any asset as thoroughly as I have done on bitcoin since April 2020. It’s the maximum I lean into any asset while still maintaining financial prudence. When it falls 80%, it doesn’t affect my lifestyle or force me to sell. When it soars, I am cautious, and focus on how to best improve the success of the network.

Good evening. Let's accelerate.


The Fish That Ate the Whale by Rich Cohen


A coinjoin is a collaborative bitcoin transaction that can break the probability analysis used to track bitcoin. Multiple people sending a batched transaction at the same time.

If you do not use coinjoin then people and companies you transact with can track your entire financial life.


If you are an employer it is important to use coinjoin so your employees do not know your company's entire financial transaction history and coworker salaries.


If you run a business you should hold your own keys and use coinjoin so competitors cannot track how much you are spending and earning.


US banks now threatening to cut off Bitcoin exchange banking if they don't check incoming/outgoing transfers for coinjoin. Swan sent an email to it's customers giving the warning while also hinting you can add a hop to circumvent it.

This is just the first step the Legacy system will take. Lean how to obtain and use Bitcoin without KYC. Here are the videos I've done on this:

https://youtu.be/FmyYxrZM3Ms?si=HmqKaT4Ixbw8KcGE

https://youtu.be/XW_wzRz_BDI?si=Fx0AVWF9s7NBRR-I

https://youtu.be/4LyEKA5Iq9I?si=G6TdyxqmJNqUqrF6

https://youtu.be/UBRZKsIOpS8?si=I8wuqVy-67TtV2xw

Of course it is also great to hit your local meetups and do p2p exchange for cash and/or build out your local circular economy by offering your services for BTC and being VOCAL about it so other bitcoiners know.


How Far We Have Come

November 7th 2020 FiatJaf implemented the basic relay server code

For 2 Year Nostr was churning and developing which most Gentle Plebs did not know

Thanks to Jack's spotlight 11 months ago... the fabulous flock of nostriches began their migration

Less than a year ago....

There was no Plebchain
There was no Nostr Report, Plebchain Radio let alone Nostr Nests...
There wasn't the vast ecosystem of clients
There wasn't Nostrica, Nostrasia, Nostrville, 60+ Nostr Meetup.....
There wasn’t devs in the spotlight building tomorrow so openly and transparent to the average pleb.

Less than a year ago... Think How Far We Have Come.

From Posting Lightning Invoice to Zapathons....

From Starting as Boomers to Feeling Like a Dev.

From the Algo Abyss to the Land of Community

Less than a year ago.... Think How Far We Have Come.

From Spotify to Wavlake
From Apple Podcast to Fountain App From Twitch to Zap.Stream
Stemstr, Habla.News, Flockstr, and Many, Many, Many more....

Less than a year ago.... Think How Far We Have Come.

WE are the Human Network powering Nostr, Powering Bitcoin... WE are #Plebchain.

It’s important to appreciate the distance we have traveled in such a small amount of time.

THINK HOW FAR WE WILL GO.


Funky:

https://wavlake.com/track/8bd6c999-c9cc-476c-8d79-c6ef7621f981


Banks “approve” your transactions.
#Bitcoin “confirms” your transactions.
The difference is a matter of your freedom.


I knew the Bank of Lebanon was no good. But until today, I didn't know quite how no good. They didn't just print too much money. Officials embezzled from the bank, invested in Ponzi schemes, and then lied and printed to cover it all up. Result: Lebanese Pound down 98% vs. USD.

There are a lot of sources that go into more detail on this, and the story isn't over yet. For one recent overview, see: https://www.dw.com/en/how-lebanon-was-plundered-by-its-own-central-bank/a-66613994

When the World Bank released a report about your monetary and fiscal system entitled "Ponzi Finance?" you know you messed up: https://www.worldbank.org/en/news/press-release/2022/08/02/lebanon-s-ponzi-finance-scheme-has-caused-unprecedented-social-and-economic-pain-to-the-lebanese-people

One interesting element of this particular case is how authorities across monetary, banking, financial, and fiscal systems conspired to create a crisis. And 'create' is not an exaggeration, according to the World Bank. They call it a ‘Deliberate Depression’.


more of this energy https://image.nostr.build/904b4f0b8834f11c6359b39bc895396d0f0f11e2fff072b78f849b168d5af783.jpg https://image.nostr.build/0bb50b40dc12c74fafa7cc8706cd86d6184f443e1c64f4be32907471f618a0e6.jpg https://image.nostr.build/0c4cd80a8fc03bdeb63093aac11720e6b7109eb56e5a3a8c9b752bc3f35e3a0f.jpg


Nice piece


GM

https://image.nostr.build/b745dcfd4b07d1276f6ea41226411ee9b394fe95af9074f1e02de87e9127ac07.jpg


In Episode 332 of Hidden Forces, Demetri Kofinas speaks with geopolitical analyst and forecaster Kamran Bokhari. Kamran is the Senior Director of the Eurasian Security & Prosperity Portfolio at the New Lines Institute for Strategy & Policy and has served at the U.S. State Department and as a Senior Consultant with the World Bank.

Kamran and Demetri spend the first hour of their conversation discussing the attacks, what we know about their original scope and intention, what role Iran may have played in helping plan the attacks, and whether or not we can expect Hezbollah to open a second front of attack in the north of Israel, as well as other potential pathways of escalation that could rope in the United States and turn this into a larger, regional conflict.
In the second hour, Bokhari and Kofinas look at how the events transpiring in the Middle East fit into the story that Demetri has been telling on this podcast for years about the fragmentation of the liberal rules-based international order and the emergence of a new multipolarity where nation states will seek to resolve long-standing border or ethnic disputes by force as everyone jostles to reposition themselves favorably ahead of the emergence of a new status quo. What this means for the future of Israel, Iran, Turkey, China, Russia, and the United States, is all part of that discussion.

https://podcasts.apple.com/us/podcast/hidden-forces/id1205359334?i=1000631467960


I think inertia is leading us toward a quantified state, in which the costs of tracking and categorizing objects — primarily people, phones, cars, and money — as they move from place to place becomes so low that most institutions are doing it by reflex, without either considering or caring for consequences. Eventually, somebody is going to exploit the gap in information (between what is available to ordinary people, and what is available  to organizations) in a way that causes enormous, historic harm, as happened in WWII when a particular state realized that IBM had compiled a database that was perfect for populating a list of names of those who would soon be marched off to camps. And that was just census data. Now they know what you read, where you go, who you're with, and how you'll vote.

The unfortunate reality of contemporary political thought is that consequences do not exist until they are felt. Rare is the chicken that fears the farmer. That means we've got two options: we either wait for the pain, or we stop waiting for political consensus.

nostr:nevent1qqsq94302eeh5r82vytl2r3n0hdhtmeg3ehxxcavk767j5xlqufmd2spzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgq3qpvgcusxk7006hvtlyx555erhq8c5pk9svw57snlxujpkgnkup89sxpqqqqqqz27cnxw


On Nov 14 the Human Rights Foundation will launch its CBDC Tracker at the National Press Club in Washington, DC

The Tracker will go online for the first time, providing the public with a resource to examine the progress and risks of CBDC implementation worldwide

Like paper dollars or euros, CBDCs are liabilities of central banks

Unlike paper dollars or euros, CBDCs do not offer the privacy protections, neutrality, or finality of cash

Virtually all money today is already digital, but it is typically issued and controlled by private banks and fintech companies, even in dictatorships like China

When consumers use a credit card, spending is at the discretion of the corporation that issued the card

When consumers deposit money into their bank accounts, their funds are liabilities of the bank

CBDCs are an effort to:

1) Replace paper cash with government-issued, government controlled digital credits

2) Reduce the power of private banks

3) Expand state control over the economy

Paper cash doesn’t require identification, can be used by anyone with no discrimination, and cannot be easily tracked

As such, cash is a daily tool of human rights activists, dissidents, and civil society, especially under authoritarian regimes

CBDCs stand to potentially phase out this tool for human rights defenders, making them entirely reliant on currency that is surveilled and easily frozen and censored

Unlike cash, CBDCs can require ID, have expiration dates, be remotely
frozen, and abide by blacklists

HRF believes CBDCs pose a significant threat to human rights work worldwide, especially for people living under tyranny

More than 100 countries are researching CBDCs, while more than 20 have pilots, and a handful of governments have already launched some kind of retail product

Russia, India, the EU, the US, Brazil, and other major governments
have all signaled intent to pursue CBDC projects

HRF considers it important to track these activities and document what risk they pose to human rights

We are pleased to be working with the Bitcoin Policy Institute to launch the CBDC Tracker at the National Press Club in Washington at 10:00am ET on November 14th

We are excited to share the work of the project authors: Nick Anthony, Janine Roem, and Matthew Mezinskis

If you would like to learn more about the project or RSVP to the launch event, please contact nostr:npub1cf3zeytdnwgwzz5pk2ax0vvmmlzad03xcft4d50ejrfhsh8pxcdsefx7gk

We look forward to sharing the resource with all of you on Nov 14

https://cbdchumanrights.org/ https://image.nostr.build/5dcb01114749a54fb356f344bd20d936351cd18d12b3e7ab15c1a0fdcfd9a605.jpg


StartOS Is Now Available Under the MIT License

"StartOS no longer belongs to Start9 as a company, we are its stewards, we are its engineering team, we're going to pour our life blood into it but from proprietary stance we have the same rights to it as everybody else in the world."

https://www.nobsbitcoin.com/startos-is-now-available-under-the-mit-license/


"There is a large group of people that get rich from your anger. Starve them."


# 2 presents a nice color palette


Added a new section to my resources site for anonymous sims & virtual phone numbers. Any others I should add?

https://www.lopp.net/bitcoin-information/privacy.html#sim


On this 15th anniversary of the Bitcoin whitepaper, let's have a laugh at Fraudtoshi's Freudian slip.

https://www.youtube.com/watch?v=aWix77CEcFg


15 years. https://bitcoin.org/bitcoin.pdf


Anytime you find yourself arguing about something gender-related, for or against, stop and think about how few times this has actually happened in real life. This has become a big national political issue, but what percentage of your monthly interactions in the past year have included pronoun or similar disagreements between yourself and someone else *in person*?

Somehow, I have reached age 36 and this has not once been an issue in real life. Has it ever been an issue in your life? Unless you live in like one of four cities in the world or have the unfortunate role of being a liberal arts college professor, probably not. Let them deal with it.

Social polarization is a method of control by those with the money, so that you focus on something other than the money. They create theoretical problems to distract you from something more important.

For this decade in particular, it is important to focus on the money. Show empathy and tolerance and love and acceptance toward all, and really just be based, but focus on the money. Because that is what they are trying to distract you from, like a magician.

Anyway, good night.


Kasikorn is the Thailand’s second-largest bank by AUM.

https://bitcoinmagazine.com/markets/thailands-kasikorn-bank-97-stake-bitcoin-and-crypto-exchange


A guy sends me a polite email, and says in a couple paragraphs that 1) he doesn't really see any role for bitcoin in a portfolio, it has no intrinsic value, and it just trades on sentiment and also that 2) it threatens USD hegemony and so politicians are likely going to add friction to it.

So I'm like, well, if there's nothing particularly valuable about it to give it any value or consideration for a portfolio, why does it threaten USD hegemony? Like, it threatens the largest and most globally salable monetary network in the world while having no intrinsic value, no portfolio role, while just being a thing that trades on sentiment?

¯\_(ツ)_/¯


Written in 2018 and published in 2020:

“It finds that the anti-money laundering policy intervention has less than 0.1 percent impact on criminal finances, compliance costs exceed recovered criminal funds more than a hundred times over, and banks, taxpayers and ordinary citizens are penalized more than criminal enterprises.”

https://www.tandfonline.com/doi/full/10.1080/25741292.2020.1725366


Israel wants to take over Jordan, Lebanon, most of Syria, and half of Iraq, Saudi Arabia, and Egypt??

Where have you seen this promulgated, or even described?


I’m struggling to understand what sort of weird propaganda this is, that you created a map of “Greater Israel” when the Palestinians are the one’s chanting “from the river to the sea”?


Although it was predictable ahead of time that so many Palestinian civilians including children would die as a result of Israel’s response to the attack on Israel by Hamas, as the numbers continue to add up it is increasingly hard to watch.

Half of Gaza’s population is under the age of 18. There is not much more sad in this world than children, cut off from electricity and communication, violently dying from air strikes in darkness.

And sadly this happens in other places of the world too.

For much of human history, people were only aware of their own local area. Now we have awareness of large swaths of the world, and so we can keep track of tragedies in real time. We then desensitize ourselves out of necessity. Like, the sheer amount of negative information and unsolvable problems hit us through media, and in order to productively do something to add value to someone else, there is little choice other than compartmentalization it. An electrician can’t be caught up in the troubles of the world as he goes out each day and fixes things and building things, for example. In order to add order to his small part of the world, he can’t be fully caught up with its global chaos.

And then, I see these crazy protestors tearing down flyers about kidnapped Israelis, as though that activity could possibly be the best use of their time. People have a strong tendency to want to be part of something bigger and longer lasting than themselves, whether it is their religion, their community, their ideology, or their work. But some people chose such fruitless ways of doing it. Yes, you can and should advocate for not bombing children. No, you shouldn’t try to erase what happened to murdered or captured Israelis either. It is not rocket science.

The world is an increasingly polarized place, and my biggest concern is for those polarizations to be used to take rights away in a more broader context, or to wage war between larger opponents. Politicians will propagandize any small share of “crypto funding” to bad groups to justify more restrictions on those technologies and privacy in general. As countries go through sovereign debt crises, having some sort of enemy to point to helps their narrative for capital controls and keeping their citizens in currency and bonds as they are inflated away. I’ve studied the 1940s financial environment too much to be unaware of this.

Always look through to the bigger story, and ideally with a perspective of empathy toward many sides of any complex issue. Strive to be able to articulate your opponent’s view as well as they can, so that your counter argument can be most effective and surgical in its nature. And then, when there is nothing you can do about something globally, try instead to bring order and reason and improvement and kindness to whatever small portion of the world that you can.


Usage down 30% already.

https://www.washingtonpost.com/technology/2023/10/27/elon-musk-twitter-x-anniversary/


I’d honestly be surprised if there’s anyone still using Xitter by the end of ‘24.


Plz ELI5
Why would the real value of savings decrease when an economy’s productivity stagnates or declines?  I don’t follow this, especially in a global market for goods & services.


This is the nuanced take I’m here for.


Our embedded node, LSP, and self-custodial lightning addresses are now available for everyone to test.

https://blog.zeusln.com/zeus-v0-8-0-open-beta/


Adam Back: There’s actually enough unused hydro power that’s connected to the grid and ready to use that it could power the entire #Bitcoin network just out of the unused power. Of course there are lots more hydro resources globally both constructed and untapped, so even on the hydro side there’s a lot of upside. And of course, I think #Bitcoin is a great vehicle for providing the business fundamentals to fund building more power infrastructure, to drive economic growth for the future.

https://chowcollection.medium.com/matt-odell-citadel-dispatch-e75-privacy-speech-and-bitcoin-with-adam-back-777e3fdf46a1


Nicely done


Study Bitcoin: also see bitcoiner.guide from nostr:npub15c88nc8d44gsp4658dnfu5fahswzzu8gaxm5lkuwjud068swdqfspxssvx


Study Bitcoin:  Andreas Antonopoulos
Buy Bitcoin: nostr:npub1tftc33ttam85wraffce62cgtvvjrmttquqlv6a0agtfm5nl4vues82xar5
Store Bitcoin: nostr:npub1s0vtkgej33n7ec4d7ycxmwt78up8hpfa30d0yfksrshq7t82mchqynpq6j


"Stop resisting, Stop resisting!" is one of the most instantly recognizable phrases of the new American century. When you read the words, you can probably still hear them shouted in your head, the echoing memory of a generational trauma, the indelible recollection of the moment that the citizen became subordinate to the state.


A legal tactic to be aware of is to make unfollowable laws, and then selectively enforce them.

So for example with this FinCEN proposal, add a ton of reporting requirements for all sorts of noncustodial transaction types, which puts tons of normal operators at risk and heavily disincentivizes them. It’s so broad as to apply to almost everyone, and even things they can’t report technically could be argued to be reportable (eg Lightning node router operator- report everyone you are routing for!). Now, everyone is a criminal; everyone has legal leverage against them which can be selectively deployed.

And if a “class of transactions” can be labeled under Section 311 of the Patriot Act as reportable, then why not also ban-able? Instead of sanctioning an actual entity, why not sanction a concept, a class of transactions, an expression of math?

Dangerous precedent.


It's probably not a coincidence that a mentally insane law that basically makes #Bitcoin transactions illegal is being shoved through the Treasury at the same time as there is buzzing about an ETF announcement.

Don't get complacent, shit is gonna get real and the days of utter basic privacy being a crime might not be far away.


People tend to ignore bear markets and then buy high-volume tops. It is sad but that is what happens.

I’m going to emphasize “study bitcoin” to people this cycle. Not tell them to buy it. Not tell them to have fun staying poor. Just point out that it’s still here, yes it’s important, and yes you should take the time to understand it.


WSJ Article Used to Pressure US Treasury into Proposing Insane Bitcoin Regulations Overstated Funds Raised by Hamas by Over 99%

"In response to the article, anti-Bitcoin politicians directly linked the WSJ article as evidence in a letter to the White House and Treasury “to address the serious national security threats posed by crypto’s use to finance terrorism.”

https://www.nobsbitcoin.com/wsj-article-fake-news/


This cartoon by John Jonik is over 20 years old. It never fails.

https://www.nobsbitcoin.com/wsj-article-fake-news/ https://i.nostr.build/rrQ2.jpg


If it’s true that Jon Stewart was dropped by Apple for his China+AI takes (Apple reportedly wanted Jon to be more “aligned” with their view due to their Chinese economic overlords), I wonder what his next path is.

https://www.theverge.com/2023/10/19/23924549/jon-stewart-apple-ai-china-cancel

Retire with his “fuck you” money and maybe do a couple independent projects for fun? Or do a more independent/decentralized show?

I grew up watching Jon’s Daily Show. I don’t agree with all his past or present takes, but I always found him to be the best political jester- the one who could bring complex serious topics to a younger audience with humor. And right or wrong, speaking from his heart and logic rather than fully advertiser-captured or audience-captured.

Curious to see what he does next.


FinCEN’s proposal to outlaw all crypto privacy is a huge overreach. They apply a section of the Patriot Act on a “class of transactions” in a new precedent. Doesn’t matter if it’s custodial or noncustodial- merely using certain type of code can be an illegal act.

People are caught by the potential spot ETF, meanwhile this is proposed. Now they fight you.

https://www.nobsbitcoin.com/fincen-wants-to-outlaw-certain-bitcoin-on-chain-transactions/


We thought Google hit rock bottom with #privacy.

Its new beta feature on Google Files for #Android called “Smart Search" is the trap door.

This creepy new feature on by default & scans every file on your phone. Why is this bad? Because it could potentially ruin your life. (1/3)

https://files.mastodon.social/media_attachments/files/111/261/816/914/697/065/original/c8f54cf989790809.jpg


Right or Left, it all gets censored if the powers that be don't like it. There is no red, there is no blue. There is the state, and there is you.

Jon Stewart’s Apple TV Plus show ends, reportedly over coverage of AI and China

https://www.theverge.com/2023/10/19/23924549/jon-stewart-apple-ai-china-cancel


GM

https://nostrcheck.me/media/public/nostrcheck.me_3694329217331863471697699486.webp


It’s not that IDGAF.

It’s that I only have so many to give.


Antisemites prefer to passive trolling. They think it makes them appear clever.


GN 💜

https://nostrcheck.me/media/public/nostrcheck.me_3407312603378638131697592188.webp


Yes.
And sign their petition, if it’s not too late. Larger airlines are trying to get regulators to shut them down on false claims about safety.


Fat finger mistake. Missing a couple zeros.


You know you’re somebody when impersonators show up


Less outrage. More Mr Rogers energy. 💜

https://video.nostr.build/2575b8010ca8ab964aa28b7c581b66056de7226bd9c566de1921a4ac59ca9a13.mp4


Consider this:

https://joshgilmansblog.wordpress.com/2023/10/13/why-you-might-have-lost-all-your-jewish-friends-this-week-and-didnt-even-know-it/


Hamlet did it better


How do you know that’s Daniel?

I mean, it might be, but we just don’t know.

😉


Stockholm Syndrome is real. https://image.nostr.build/2633ba07a73c95ee040a4f1ca8cfbb3b95fe8843f27c0d56c247f7c294e57f8f.jpg


good morning, elon has turned twitter into a psyop machine, opt out, use nostr only 🫡

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


sudo Can you tell me what it says

https://image.nostr.build/47680c2e530e61d26eed90dd1d075f1ac6e8024e0bbaae1e63ea0f0656b85c52.jpg


We can no longer believe anything we see on a screen: nostr:note1z3xg7q0we5suyndr6es2d3hsm6vfacxemvkkaae8emmsmhecs5fsa5z44r


Madeira Announces The Launch of Bitcoin Business Hub

"The association has been created to develop the development of technology and Bitcoin, and all the connections and partnerships you can have. It started with some guys in Madeira who work really hard, and it's open to everyone who wants to collaborate," said the Madeiran president.

https://www.nobsbitcoin.com/madeira-announces-the-launch-of-bitcoin-business-hub/


📢 Introducing SHIPYARD!

A Quiet Space for Loud Ideas: Focused Writing for Nostr

Shipyard is a Nostr client focused on enhancing your *writing* experience, managing your content schedule, and ensuring your ideas get the chance to shine.

Shipyard implements a set of cornerstone features to make your writing experience more enjoyable.

✅ Zen-mode editor -— Write without distractions.
✅ Schedule responses and reposts of any note.
✅ Multi-account support from the get-go. Manage different accounts by pairing Shipyard with nsecBunker.
✅ Schedule reposts so your notes are seen when the other side of the world wakes up.
✅ Queues: keep different queues with separate schedules so you never miss a "gm @fiatjaf" again.

And a bunch of important goodies that shine in the background:

✅ Hotkeys. Hotkeys EVERYWHERE.
✅ Autosaved notes.
✅ Drafts.
✅ Extremely clean threading support.

I've always been fascinated by writing tools for social media platforms—a place where you can go to create content without getting sidetracked by the latest meme warfare.

Shipyard will be a tool I will be building on with a LOT of interesting features.

It will always be free to use, and, because of my mantra of "Fund the change you want to see in the world," I'm opening up a few tiers for Supporters ($10/mo) and Patrons ($16/mo) who choose to support developers and development in Nostr.

Check it out:

👉 https://shipyard.pub

https://cdn.satellite.earth/570801d535376dae17250149d8d7e3f68d2ab290161af43379c18b9d3d2eefcc.png


Bitcoin is not for everyone, it's for anyone.


SBF attempted to suppress the price of bitcoin by selling customer funds.

He is not the first person to try and will not be the last. Anyone that attempts it will get blown out eventually.

Learn how to hold bitcoin securely yourself. Become unruggable 🫡


Excellent

https://citrinecapitaladvisors.com/blog/2023/8/14/bitcoins-esg-benefits-for-a-sustainable-future


😬

https://video.nostr.build/caabc375809ad6341cb3e33b1e8bba84f71a8d808824a37fed46536597583c60.mp4


2hrs though?  This man already gets enough of my time.


Privacy is not secrecy.

https://cdn.nostr.build/i/be9f4dcbaaec1c1257099eea44742bfb9da520663d26eb49e6350709e231f58b.jpg


Oops. Guess I gotta check that npub again!


@npub1lphjc70xylv404uhmc9jankpkt5asuw5ztnkz4wl9s0e8pawqw2s5a9e78
Following you over here, rather than just bsky


Any one of these:

Peace in the Middle East

Abundant, renewable energy for everyone

The spontaneous dissolution of any theistic organized religion that promises an afterlife


Correct answer


Fuck everything about this project and all who fund it.


This is a list history will prove you didn’t want to be on
https://m.primal.net/HMvm.jpg
https://m.primal.net/HMvm.jpg


Yes, but let’s talk about something really important… I’ve seen you speak several times now and have yet to confirm whether you have an ear in the left side of your head.  All your profile photos only show the right. 👂

#ProofOfEar

P.S. I love your work. 🙏


People should be terrified that Ledger can claim for marketing how much crypto their users collectively have 🙈

Is your Bitcoin part of their 20% figure? If so, get it out now. 👇 https://image.nostr.build/0e8efc186eafa62b8a8e658c69b553734729c583d91121445d910eb7eeacf19b.jpg


Gary Wang, Co-Founder of FTX, Questioning at Trial :

Q. Did you commit financial crimes while working at FTX?
A. Yes.

Q. What types of crimes did you commit?
A. Wire fraud, securities fraud, and commodities fraud.

Q. Did you commit these crimes by yourself or with other people?
A. With other people.

Q. Who were the main people you committed these crimes with?
A. Sam Bankman-Fried, Nishad Singh, and Caroline Ellison.

Q. You're talking about Alameda Research?
A. Yes.

Q. Okay. We'll come back to it in a minute. When you say withdrew unlimited amounts of funds, whose funds are you talking about?
A. Those of customers.

Q. Let's talk about——sorry. And customers of what?
A. Customers of FTX.

Q. Mr. Wang, do you see any of the people you committed those crimes with in the courtroom today? You can stand up if you need to.
A. Yes.

Q. Who do you see?
A. Sam Bankman-Fried.
MR. ROOS: Let the record reflect the witness has identified the defendant.

Q. Mr. Wang, in general terms for now, what did you do with the defendant that was the wire fraud you were referring to?
A. We gave special privileges to Alameda Research on FTX, which allowed it to withdraw unlimited amounts of funds from the platform, and we lied about this to the public.

Q. When you say withdrew unlimited funds from the platform, what are you referring to?
A. It had the ability to, regardless of what was in the account, to withdraw unlimited amounts of money.


Completely crazy that an unelected supranational entity can force countries to devalue their currency like this. We’re talking about the sudden loss of wage purchasing power for tens of millions of people. But you better do it, or else! https://image.nostr.build/c4d8cdd3315429db48d505933ab7a32f9213415ea24fa9682f100ac6ebdb1e0b.jpg


Will give it a try


Great episode nostr:npub164q45vfa8prpl7f63stsl9qm9n22v6julkasjdqxjc8kevchsj0sp42rl3

Appreciate nostr:npub1hyqrsvl6hle8r5rc9cpshesm0mpcee75tgde4p5lhke5h83dyqqqdwk7cp for your sane and nuanced take on left/right polarization, Covid, and societal unity. A rare find in this space sometimes…

Worth a listen 🔥

https://fountain.fm/episode/m0sjAPxMc1lL0bXbtFB7


In a single day, the US added more than half of #Bitcoin’s entire market cap in debt. That’s something like 10 million BTC. And yet there are still people that are unsure if $27k is a good price to buy. https://image.nostr.build/02e8d0900a5c2c2f9704b1758a2bf1b67e0eea125429e37f8de7e67a4dc79413.jpg


🎯

https://image.nostr.build/ad7fbb621a676bc4013ce64462b29d47bea3cc752b7045bf7fa594a2877e1bc0.jpg

https://dergigi.com/2021/06/13/bitcoin-is-an-idea/


The way you're treated at airports is a great measure of the decline of civilization.


The Case for Mediocrity
Why "good enough" really is good enough.

https://stocks.apple.com/A6ZFYXZkNRNeHz-jiIJrkxQ


Hmmmmmm...

https://image.nostr.build/ee1d3e119f6e0bc083689f75afcf04450b2c3839d2001778c8f3fc7eed8745e8.jpg

https://image.nostr.build/e26a014be553781a6bb0ebfe843a0023b3ab05af39d2ad36a5360bc88fb2bc5c.jpg


GM

https://nostrcheck.me/media/public/nostrcheck.me_1911717573190097101696142054.webp


hello fellow kids

https://video.nostr.build/d0a4d2132dd33d845c1d7f6f29d71312014eb7c986c536df08c6ae6a9dd267eb.mp4


Hopefully not forever