Wow, Schiff gives up!
I'm finally coming around. #Bitcoin fixes Social Security. I've got the plan:
The Social Security Trust Fund now owns about $2.7 trillion in Treasuries. It should sell all of those Treasuries and buy Bitcoin. This buying will surely send Bitcoin to the moon, especially since a new QE program will be required to buy all the Treasuries sold by the trust fund.
Assuming the Social Security Trust Fund manages to buy 25% of all Bitcoin, and that by the time it buys its last satoshi, Bitcoin is at $20 million, the Social Security Trust Fund will be worth over $100 trillion. The unfunded liability of Social Security is now estimated at just $23 trillion over the next 75 years. The Trust Fund will have such a large surplus that there will be no more talk of tax increases or raising the retirement age. Everyone wins. The Trust Fund could then use all the Social Security payroll taxes it collects to buy more Bitcoin, supporting the price of Bitcoin and maintaining the value of its only asset.
There’s just one small wrinkle. With all Social Security tax revenue being used to buy Bitcoin, how will the government pay its benefits? It's not like the Trust Fund could sell Bitcoin to cover those payments, as it would crash the market. So, like all true Bitcoiners, it must HODL.
Fortunately, there is a workable solution. The government declares Bitcoin a reserve asset, then deposits its Bitcoin as collateral at the Federal Reserve, which provides the cash needed to pay Social Security benefits. This arrangement is better for the government than the Fed holding Treasuries, as it doesn’t have to pay interest on Bitcoin, nor is there principal to repay. The Fed can simply HODL Bitcoin on its balance sheet indefinitely—the ultimate diamond hands.
After Bitcoin fixes Social Security, the government can move on to fixing everything else with Bitcoin. It's too bad it took Satoshi so long to come up with this cure-all
https://image.nostr.build/6061dfd1ed40a30cb6b2eaa895f03abf862fad42ce3c23d20019e21b152c60fb.jpghttps://x.com/PeterSchiff/status/1856739540762775662
Here's a list of some well-known privacy-focused cryptocurrencies. These cryptocurrencies use different methods to prioritize user privacy and anonymity in transactions.
1. Monero (XMR)
Privacy Feature: Ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions).
Strengths: Monero is highly regarded for its strong privacy and untraceability features. It obfuscates both the sender and receiver's addresses and transaction amounts.
2. Zcash (ZEC)
Privacy Feature: zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge).
Strengths: Zcash allows users to choose between transparent and shielded transactions. Shielded transactions hide the sender, receiver, and transaction amount.
3. Dash (DASH)
Privacy Feature: PrivateSend (based on CoinJoin).
Strengths: Dash allows optional privacy features that anonymize funds by mixing transactions with others, but it's not as fully private as Monero or Zcash.
4. Verge (XVG)
Privacy Feature: TOR and I2P network integrations for anonymity.
Strengths: Verge obfuscates IP addresses to protect user identities, but transactions are still visible on the public ledger.
5. Beam (BEAM)
Privacy Feature: Mimblewimble protocol.
Strengths: Beam is built on the Mimblewimble protocol, which provides privacy and scalability by obfuscating transaction data without the need for additional layers.
6. Grin (GRIN)
Privacy Feature: Mimblewimble protocol.
Strengths: Similar to Beam, Grin uses Mimblewimble to provide private and scalable transactions with minimal on-chain data.
7. Firo (FIRO)
Privacy Feature: Lelantus protocol, zk-SNARKs.
Strengths: Firo uses Lelantus for anonymous transfers, which hides both transaction sender and recipient. It was formerly known as Zcoin.
8. Pirate Chain (ARRR)
Privacy Feature: zk-SNARKs with mandatory shielded transactions.
Strengths: Pirate Chain enforces privacy by making all transactions private by default, using the strongest form of zk-SNARKs available.
9. Haven Protocol (XHV)
Privacy Feature: Based on Monero, uses RingCT.
Strengths: Built on Monero’s codebase, Haven offers private transactions with the added ability to create synthetic assets that track other assets' values.
10. Navcoin (NAV)
Privacy Feature: Dual-transaction system with NAVTech (private payment system).
Strengths: Navcoin offers private transactions through a dual-transaction layer that obfuscates sender and receiver addresses.
11. PIVX (PIVX)
Privacy Feature: zk-SNARKs-based anonymity protocol.
Strengths: PIVX allows optional privacy through a Zerocoin protocol implementation, but it’s currently focusing on enhancing its staking mechanism.
12. Secret Network (SCRT)
Privacy Feature: Secret contracts and encrypted data.
Strengths: Secret Network allows for privacy-preserving smart contracts, protecting transaction data, unlike most blockchains.
13. Aeon (AEON)
Privacy Feature: Similar to Monero but optimized for mobile and light usage.
Strengths: Aeon aims for mobile-friendly privacy with less resource-intensive requirements than Monero.
14. Bytecoin (BCN)
Privacy Feature: Cryptonote technology.
Strengths: Bytecoin is one of the first privacy coins and is based on the Cryptonote protocol, which inspired Monero.
15. MobileCoin (MOB)
Privacy Feature: Ring signatures, SGX (Secure Enclave).
Strengths: Focused on mobile privacy, MobileCoin uses a combination of hardware (SGX) and cryptographic techniques to secure transactions on mobile devices.
These privacy coins employ a mix of cryptographic protocols, ranging from zk-SNARKs and Mimblewimble to CoinJoin, RingCT, and stealth addresses, to provide varying levels of privacy and anonymity. However, keep in mind that regulations may affect the availability of these coins in certain regions.
Reminder that public schools get money PER DAY from the fed PER STUDENT. Which is why Kamala arrested a mother with an epileptic child. These people are not looking for your best interests.
All we want is pure food, pure water, lots of sunlight, and the irrevocable right to access these things.
As the scriptures say, "Having sustenance and covering we shall be content with these things"
We muting nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpzamhxue69uhhyetvv9ujumn0wd68ytnzv9hxgtcl90cav ?
Saylor thinks you are a paranoid crypto anarchist if you hold your own keys and don't trust the government. 😏
https://x.com/AdamSimecka/status/1848131598044074289
Re Peter Todd HBO documentary
Satoshi was a hacker in the original true sense. He built something amazing that no one else had done before, and he did it for the sheer pleasure of hacking it. Others came along and cleaned up the code while not changing the original architecture.
https://x.com/Narodism/status/1844017533336142025
Satoshi Nakamoto wrote code that was not usual. He had many quirks. We can find him by comparing his code with others, but no one did that yet.
When I first saw their code, I thought "Satoshi is not a programmer" because of how weird it was. He didn't follow normal code practices that were modern at that time.
He made big use of locks when it was out of fashion. He used Hungarian notation which was no longer used. He made spaghetti function recursion and never used objects to encapsulate processes. He also targeted Windows.
All of this indicate an older person, possibly not a software dev but from a close domain like engineering or physics. His whitepaper hinted at a background with a practical focus but not a mathematician.
The code was highly idiosyncratic and personal including the style itself. Analysis of the code will tell us everything.
You can even compare the code from 2008 with the code in 2010, and the way Satoshi writes code doesn't change. You can actually see the change from proof of concept to hacked up Satoshi node.
Whenever anyone says X is Satoshi, my first response is always "show me the code". This should be our default position.
But no Bitcoin coder (including myself) cares enough to do this. We're all so busy with real work. And I guess we also respect Satoshi-kun's wishes. Even writing this post showing how we can find him feels almost like a betrayal.
To be fair to Peter Todd, he handled it well and didn't try to claim undue credit.
https://image.nostr.build/8e844896e3f6a38740001b9a12475276e96172045819d79871c50e25bc2c88e7.jpg
I was the first person to quote the Truman show on NOSTR with gm ga ge gn !
nostr:nevent1qqs9aua6dekqnf7vztfzwvf5u9nnynpxvktmdeajr4uc4hvg6j5h2mqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg9vxs9ql7jgtz0f3tu9wa65220gck0hl5gs7x7gxtgw34xy60gc2vpsgqqqqqqs57fkua
I want to create a chat model from a collection of PDFs on health, carnivore, etc....
I tried using unleashed.chat but the answers were generic and not from the PDFs. Recommendations? I have one Nvidia 1070gtx GPU.
Is nvidia chatrtx decent?
#ai
Steve Jobs said in 2008 that the iPhone of the future will record everything you say and be able to recall it.
Hopefully the graphene OS team will create some sovereign AI
‼️ 🇬🇧 ANNOUNCEMENT 🇬🇧 ‼️
All nostr:nprofile1qqs0nt9skq6vfsgh06v979rrnuchau87mmnk2lqxpv2xaeusqfp30mqpzamhxue69uhky6t5vdhkjmn9wgh8xmmrd9skctcpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgwwaehxw309ahx7uewd3hkctc9ad278 Guides will also be available on the new github website https://darth-coin.github.io
Here will be organized in a better way by category and languages (see the top menu buttons)
A - General - with introductory articles and guides about Bitcoin
B - Beginner - with simple guides for new users, how to start, general terms and steps to follow
C - Wallets - with specific guides about wallets, security, privacy
D - Nodes - with specific guides, more advanced for running LN nodes and other solutions for nodes
E - Merchants - advanced solution guides for those merchants that want to use Bitcoin in their business
Slowly all guides from DarthCoin Substack will be migrated on this new repository page, for an easy find for the guide you need. Substack became quite hard to use and look for a specific guide, so I hope this new page will help you find what you need.
The guides also will be translated in other languages. Right now there are links to all languages, but redirect to old substack links.
All guides in the Substack will remain the same, in their place, will not be deleted, but some of them maybe will not be updated anymore.
May The Bitcoin Be With You!
According to the bottle I got from valboren labs it also prevents it from staining the cup. and it says to soak it in the sun for 3 hours to absorb photons.
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Notes by Justin Goldberg ☑️ | export