Ethical and Moral Adoption of Bitcoin by the U.S. Government

Introduction:

The U.S. government has a moral obligation to uphold transparency, accountability, and efficiency in its financial operations. Bitcoin, as a decentralized digital currency, presents an opportunity to enhance these values. This paper outlines the ethical imperatives for the U.S. government to adopt Bitcoin and proposes a framework for setting up Bitcoin wallets to enable public monitoring of government budgeting.

I. Ethical Imperatives for Adopting Bitcoin:

1. Transparency:
   - Traditional fiat systems lack transparency, leading to public distrust. Bitcoin's blockchain provides transparent, immutable records of financial transactions.

2. Accountability:
   - Government financial operations are often opaque, hindering accountability. Bitcoin's transparent ledger system ensures traceability and verifiability, deterring corruption.

3. Efficiency:
   - Traditional banking systems are slow and costly. Bitcoin transactions are faster and more cost-effective, streamlining government financial operations.

4. Financial Inclusion:
   - Bitcoin offers an inclusive financial system accessible to all citizens, addressing the challenges faced by the unbanked or underbanked.

II. Framework for Setting Up Government Bitcoin Wallets:

To ensure ethical adoption, the government should establish a framework for managing Bitcoin wallets:
   - Government Department Wallets: Multi-signature wallets for departmental spending.
   - Public Budget Wallet: Central wallet for government revenue with public monitoring.
   - Citizen Feedback System: Platform for citizens to report concerns.
   - Educational Resources: Public access to educational materials on Bitcoin monitoring.

III. Conclusion:

Adopting Bitcoin aligns with the government's moral responsibility to uphold transparency and accountability. By implementing a comprehensive framework for managing Bitcoin wallets, the government can enhance


Stablecoins are a tool for manipulators and controllers. They offer no real solutions. Some people believe that cheating others is their only means of survival.
Bitcoin stands alone as the most stable form of money.
Stablecoins are an illusion of stability, maintained by those who manipulate the system for their own gain.

The USD is doing a great job at remaining stable. 😂


Germany is selling off a bunch of their confiscated Bitcoin, thinking they're scoring a win as global fiat debt skyrockets over $300 trillion. 😂 It's like trading gold for fool's gold.


I compare those who still believe in the fiat system to people whose grandparents were kidnapped at age 3 and believe their kidnappers are their parents. Just as the kidnapped can be led to accept a false reality, many today are conditioned to trust a manipulated monetary system, unaware of its inherent flaws and the alternatives available.


The basic foundation of money as a tool is two-fold: to store spent energy through time and to exchange it for real things we need. If the world began with no money, relying only on production and barter, how did we evolve to a system so dependent on credit and the manipulation of present value with futuristic monetary units?

The shift from a production-based economy to a credit-based one represents a fundamental change in how value is perceived and managed. Initially, money served as a simple medium to store and exchange value derived from actual goods and services. This system ensured that value was tied directly to tangible efforts and resources.

However, the introduction of credit marked a departure from this model. Credit, in essence, allows the borrowing of future value to be spent in the present. While it can stimulate economic growth by enabling investments and consumption beyond immediate means, it also creates a disconnect between actual production and perceived wealth. This disconnect can lead to inflation, economic bubbles, and financial crises.

My personal belief is that the system of credit was inherently designed to shift value from the present to the future, allowing for the exploitation of immediate resources at the expense of long-term stability. This design benefits those who control the creation and distribution of credit, often at the expense of the broader population.

In essence, credit allows for the creation of wealth that is not backed by real production, leading to an economy that can be manipulated and controlled by those in power. This manipulation often results in the devaluation of currency and the erosion of savings, effectively "stealing" value from the present to pay for promises of future repayment that may never be fully realized.

In conclusion, while credit can provide economic benefits, its inherent design also facilitates the transfer of present value into the hands of a few, often at the expense of many. This systemic issue underscores the need for a more transparent and equitable financial system that aligns more closely with the fundamental principles of value storage and exchange.


"Grand prop, what do you think about XRP?"

Dear Grand son,

Ripple is often likened to the federal branch of the U.S. government due to its centralized control over the XRP ledger. Just as the federal government can exert significant influence over state laws and regulations, Ripple Labs holds considerable sway over the XRP network. This centralized control can be beneficial for efficiency and coordination but also poses risks of manipulation and lack of true decentralization.

In contrast, Bitcoin operates like the ideal decentralized governance system envisioned by the forefathers. It is akin to a federation where no single entity has overarching control, ensuring a system that is resilient to corruption and manipulation. This decentralization empowers individuals and distributes control, making it far more difficult for any single actor to alter the fundamental rules or exploit the system for personal gain.

This comparison highlights a crucial distinction: while centralized systems like Ripple can offer certain efficiencies, they also replicate many of the vulnerabilities of traditional centralized institutions. On the other hand, decentralized systems like Bitcoin provide a robust defense against such vulnerabilities, preserving integrity and fairness in the financial system.

As we navigate the complexities of modern financial systems, it's important to recognize these differences and understand the implications of centralization versus decentralization. The resilience and security of a truly decentralized system offer a compelling alternative to the centralized control that Ripple represents.


A system that protects all individuals is a system controlled by no one.


Headline: "George E. Norcross III Indicted on Wide-Ranging Corruption Charges"

Response:

It's not every day you see the accused sitting front and center at their own indictment press conference. George E. Norcross III's presence at the announcement of his wide-ranging corruption charges adds an unusual twist to an already disturbing story. The charges, which detail how Norcross allegedly exploited the state's poorest city for personal gain, highlight a systemic issue: the abuse of power and corruption embedded in our current fiat-driven system.

Norcross’s real estate dealings underscore a broader problem—how those with influence can manipulate the system to their advantage, often at the expense of the most vulnerable. This is yet another example of how the fiat system, with its centralized control and susceptibility to corruption, fails to serve the people it’s supposed to protect.

As we navigate through these troubling revelations, it's clear that a shift towards more transparent, decentralized systems, like Bitcoin, could help mitigate such abuses of power. The need for accountability and fairness in our financial and political institutions has never been more apparent.


Ah, the irony. Trump visits a famous Philly cheesesteak joint—perhaps to apologize for the economic "cheesesteak" he left us with? Back when he was president, the abuse of the fiat system was a masterpiece of financial theft. Maybe he's there to offer some "steak" for the staggering national debt he helped balloon. Enjoy the sandwich, Mr. Trump. Maybe it will taste as rich as the fiat system you played like a fiddle.


Many people believe that Bitcoin miners are suppressing prices, but this perspective reveals a fundamental misunderstanding of Bitcoin and its value.

First, it's important to realize that most expenses today, including those of Bitcoin miners, are still paid in fiat currency. Miners need to cover their costs for electricity, hardware, and other operational expenses, which means they often sell some of their Bitcoin holdings for fiat to pay these bills. This doesn't suppress the value of Bitcoin; it's a practical necessity given the current financial landscape.

Second, valuing Bitcoin purely in fiat terms limits your understanding of its true potential. Bitcoin's value lies not in its price relative to dollars or euros, but in its unique properties as a decentralized, censorship-resistant, and inflation-proof form of money. Its value should be measured in its ability to preserve wealth, facilitate transactions, and provide financial independence.

Adopting this new mindset means seeing Bitcoin not just as an asset to be traded for fiat profit, but as a revolutionary financial system that operates outside the constraints of traditional currencies. It’s about understanding the long-term vision and the freedom it brings, rather than getting caught up in short-term price movements.


People who fail to understand proof of work will fail to prosper.


Considering their track record of abusing the fiat system, do you think three senior citizens have a forward-thinking mindset for the new era?


In the future, the concept of national currencies will become obsolete, replaced by a new global monetary system. This shift marks the end of an old mindset and the beginning of a more interconnected and efficient financial world.


Fiat holders have much to worry about since their currency is centralized and abused by those seeking control. The world of fiat is like dealing with a spoiled child your entire life.

Proof of stake is just another spoiled child.


The U.S. threatens German and European banks with sanctions, while Bitcoin threatens the existence of the U.S. dollar. You can't make this up.


🚀 Dreaming of a Future Like Star Trek? 🌌

Ever notice how they never exchange money in Star Trek? It's not just sci-fi—it's a vision of a future where abundance reigns supreme. Imagine a world where technology has advanced to the point where scarcity is virtually eliminated. No more worrying about bills or financial stress—everyone has access to what they need.

It's a concept known as post-scarcity, and while we're not quite there yet, it's exciting to think about the possibilities. As we continue to innovate and push the boundaries of technology, who knows what the future holds? Maybe one day we'll be living in a world where money is a thing of the past, and abundance is the new norm. ✨ #FutureVision #DreamBig


There's a strong correlation between the stability of the monetary system and the overall stability of society. When the monetary system is unpredictable, it introduces uncertainty into people's lives, affecting everything from financial planning to business investment. This uncertainty can lead to anxiety, fear, and even social unrest, as people struggle to cope with the unpredictability of their economic circumstances. As a result, ensuring the stability and predictability of the monetary system is essential for maintaining a stable and harmonious society.


Proof of Stake (PoS): Because nothing says decentralization like central control, right? Take Ethereum, for example. They kicked things off with a nice, big premine—because who doesn't love printing tokens out of thin air for the insiders? Then came the forks, because why not rewrite history whenever it's convenient? Just like fiat currency, Ethereum's PoS system lets a few big players call the shots, controlling the supply and making the rules. It's like fiat, but with more coding and fewer central banks. So, let's all applaud this 'decentralized' marvel that's just another twist on good old-fashioned monetary control. Bravo.


Using Vented Methane from Agriculture & Landfills to Fuel Bitcoin Mining

Estimated Impact:

0.69% of global warming reduction potential if vented methane is used to fuel Bitcoin mining, replacing approximately 184 MWh of electricity.

Potential mitigation of around 21% (132 MMTCO2-eq) of original greenhouse gas emissions from agricultural activities and landfills.

 Breakdown:

 Methane emissions from agriculture and landfills: 640 million metric tons CO2-equivalent (MMTCO2-eq).

Estimated electricity generation from vented methane: 184 MWh.

Converting methane to electricity: Assuming an efficiency of 40%.

Calculating the mitigation potential: 132 MMTCO2-eq.

 Key Takeaways:

 Using vented methane for Bitcoin mining could have a positive environmental impact, reducing global warming emissions by approximately 0.69% and mitigating around 21% of original greenhouse gas emissions from agricultural activities and landfills.

This potential mitigation is based on simplified assumptions and would depend on various factors, such as the efficiency of the conversion process, scalability of methane collection, and potential for methane emissions reduction elsewhere.

References:

[1] United Nations Framework Convention on Climate Change (UNFCCC). (2020). Greenhouse gas inventory data. Retrieved from <https://unfccc.int/budget/ghg-inventory-data>

[2] Cambridge Centre for Alternative Finance (CCAF) & Kaiko. (2023). The 2022 Global State of Bitcoin Mining Report.

[3] Various sources, including a study by the National Renewable Energy Laboratory (NREL) and a report by the International Council on Clean Transportation (ICCT).


The emergence of Blackrock token, Fidelity token, US token, and Elon token as attempts to replace fiat with another centralized currency reflects a lack of self-confidence and an insatiable desire for control and manipulation. These entities seek to perpetuate the same centralized systems that have failed us time and again, rather than embracing the decentralized and democratic principles of cryptocurrencies like Bitcoin.

Instead of empowering individuals and fostering financial sovereignty, these centralized tokens only serve to further entrench the power of institutions and elites. It's a stark reminder of the need to break free from centralized control and embrace decentralized alternatives that truly prioritize the interests of the people.

Let's not be swayed by the allure of centralized tokens masquerading as innovation. True empowerment lies in decentralization, transparency, and financial freedom. #Bitcoin #Decentralization #FinancialFreedom


The fixation on monitoring Bitcoin's fiat price daily or even hourly often reflects a mindset entrenched in the traditional fiat system. In the fiat world, where central banks manipulate currencies and inflation erodes purchasing power, people tend to seek short-term gains and constantly gauge their wealth in terms of fiat currency.

However, Bitcoin represents a shift away from this mindset. With its fixed supply and decentralized nature, Bitcoin offers a long-term store of value that transcends fiat currency fluctuations. Those who embrace Bitcoin understand that its true value lies not in its fiat price at any moment, but in its ability to preserve wealth over time and serve as a hedge against fiat currency devaluation.

Breaking free from the fiat mindset and focusing on the core principles of sound money and financial sovereignty is key. By doing so, individuals can truly unlock the transformative potential of Bitcoin for their long-term prosperity. #Bitcoin #FinancialSovereignty #FiatMindset


Once upon a time, in the world of finance, there was a currency burdened with over $30 trillion in debt, expected to soar to $56 trillion over the next decade. This currency relied heavily on interest payments, which sometimes surpassed the tax collected from its citizens. Despite its precarious situation, few countries outside its borders were willing to invest in its bonds.

Meanwhile, a revolutionary force was emerging in the form of Bitcoin. Unlike the struggling fiat currency, Bitcoin stood as a beacon of financial sovereignty and security. Its decentralized nature and capped supply offered a stark contrast to the centralized manipulation and mounting debt of the fiat system.

As the fiat currency's debt continued to grow, and its future looked increasingly uncertain, Bitcoin's allure only grew stronger. Investors worldwide began to recognize the potential of this digital asset as a hedge against the inevitable collapse of fiat currencies. Governments, unable to control or counterfeit Bitcoin, found themselves facing a new reality—one where their traditional methods of financial manipulation were rendered obsolete.

In this evolving landscape, the story of the fiat currency served as a cautionary tale—a reminder of the dangers of excessive debt, centralized control, and reliance on outdated monetary systems. And as more people embraced the principles of financial freedom and decentralization embodied by Bitcoin, the old world of fiat currency began to fade into obscurity, making way for a new era of economic empowerment and opportunity


Boeing's current strike underscores a broader issue where the focus on quantity over quality often leads to significant problems. This mindset, driven by the pressures of a fiat monetary system, prioritizes short-term gains and cost-cutting over sustainable practices and product excellence. In a fiat-driven economy, companies may feel compelled to chase immediate profits to stay ahead, sometimes at the expense of quality and long-term value. As we witness these challenges unfold, it becomes clear that a shift towards more stable and value-focused economic principles, such as those promoted by #Bitcoin, could foster a healthier balance between quantity and quality in the corporate world.


Under the fiat system, status and wealth are flaunted and tracked. With Bitcoin, true wealth becomes anonymous and secure, stripping away the superficiality and exposing the reality.


All centralized servers online can be hacked. Their security is just a bandaid.

Never leave your wealth on a centralized server, and never trust a politician who suggests otherwise or tries to make it law.

Bitcoin's decentralized nature provides far superior security.

That's your lesson for the day.


There exists only these facts:
We all enter this world with no name and no property.
We all exit this world the same way.


The bet is that politicians can't help themselves from counterfeiting fiat, as they serve the central bank, not their populace.


Leaders who infinitely counterfeit their fiat currency don’t serve their populace; they serve the central banks. Only #Bitcoin serves the population.


All Bitcoiners have access to infinite fiat monetary units simply by holding their Bitcoin.

Keep counterfeiting US, keep counterfeiting. Your gig is up.


Charlie Munger, a legendary investor, once remarked that envy, not greed, drives the world. While I agree to an extent, I believe the root cause lies in the fiat monetary system. The constant devaluation and manipulation of fiat currency foster a sense of scarcity, leading to envy and competition.

So, what does Bitcoin drive?

Bitcoin drives innovation, fairness, and proof of work.

	•	Innovation: Bitcoin's decentralized nature encourages the development of new technologies and systems. It inspires individuals and companies to think outside the box, leading to groundbreaking advancements.

	•	Fairness: Unlike fiat, Bitcoin is transparent and predictable. Its fixed supply and decentralized control create a level playing field, reducing the influence of envy-driven policies and practices.

	•	Proof of Work: Bitcoin's consensus mechanism, proof of work, embodies the principle that true value comes from effort and contribution. It rewards those who contribute computational power to secure the network, ensuring the system's integrity and resilience.

In essence, Bitcoin drives a shift from a scarcity mindset to one of abundance and opportunity. It encourages us to build, innovate, and contribute, rather than merely compete and envy.

I’d love to hear your thoughts and insights on this. How do you see Bitcoin reshaping our motivations and behaviors in the financial world?
#Bitcoin #Innovation #Fairness #ProofOfWork #FutureOfFinance #FinancialSystem


Revolutionizing Home Economics with #Bitcoin: The Future of Family Vending Machines
Recently, I visited my daughter and grandchildren and learned something astonishing: she spends roughly $600 a week on groceries. This doesn't even include meats and fresh vegetables, which are bought closer to mealtime. With her children eating through the week's supply in no time, I saw a unique opportunity to merge technology and home economics.
Imagine a home-style vending machine, connected to Bitcoin’s proof of work foundation via the lightning network, filled with snacks and premium beverages. Each item group would have its own QR code, and transactions would be seamless and educational.
Here’s the vision:
	1	Cost Awareness and Education: As children use the vending machine and see the cost of food in Bitcoin terms, they’ll experience firsthand how Bitcoin’s deflationary system works. This can be a powerful lesson in financial literacy and the future of money.
	2	Reduced Weekly Costs: By integrating this system, we can potentially reduce the current fiat cost each week. Over time, as Bitcoin appreciates, the effective cost of these snacks and beverages will decrease, providing financial relief.
	3	Convenience and Innovation: This vending machine brings the convenience of instant access to snacks and drinks while leveraging cutting-edge technology. It's not just about satisfying hunger but about being part of a revolutionary monetary system.
	4	Sustainable Consumption: Monitoring and controlling snack intake could help in reducing wastage and promoting mindful eating habits among children.
I believe this concept could transform how we think about everyday expenses and educate the next generation on the benefits of a deflationary monetary system. Imagine a world where our daily transactions teach us about the future of finance and empower us to make smarter economic choices.


Forward-thinker and innovator Daniel Batton recently highlighted a transformative idea: Bitcoin can become a negative carbon network within the next four years if just 1% of its energy consumption is derived from vented methane. This requires leveraging only 35 landfills with vented methane—a goal that is not just achievable but incredibly exciting.

Batton emphasizes that this benefit is unique to proof-of-work systems like Bitcoin, not proof-of-stake. The high energy use of Bitcoin, often criticized, is actually what makes this environmental benefit possible. Currently, Bitcoin uses only 0.09% of the global grid, yet it has the potential to drive significant environmental change. Methane is a potent greenhouse gas, and utilizing it as a fuel source for Bitcoin mining can mitigate emissions and turn a liability into a valuable asset.

Bitcoin mining can not only reduce carbon emissions but also create the basis for emissions reduction in the future. It can drive the development of renewable energy infrastructure worldwide, positioning Bitcoin as a force for good in the fight against climate change.

Imagine a world where the Bitcoin network secures financial transactions and plays a critical role in reducing carbon emissions. This vision is not just a distant dream—it's an actionable pathway toward a greener, more sustainable future.

Let’s support and invest in these forward-thinking strategies to realize the full potential of Bitcoin as a positive force for the environment.

#Bitcoin #Sustainability #Innovation #GreenEnergy #ClimateChange


Worth the watch.

https://youtu.be/--IFcOIEfl4?si=K6KiVJytfxTWpg7n


At the 2024 Prague #Bitcoin Conference, Jack Mallers highlighted a crucial innovation by Adam Back: Proof of Work. Initially designed to combat email spam, Proof of Work imposes real-world costs on actions within a virtual environment.

Adam Back's insight, "You can cause the system to strain without doing that much work yourself," underscores how governments can create inflation and economic strain without actual effort. This parallels historical attempts to dominate through sheer force, like Hitler's failed bid to overpower the world, thwarted by the collective strength of honest actors.

Proof of Work ensures that in the digital realm, security and integrity are maintained by requiring genuine effort and cost, protecting against malicious attempts to manipulate the system. This principle is foundational to Bitcoin's resilience and reliability.


If you remove central banks from the ecosystem, you'd still have inflation, but no real change for the populace. The government would owe no one. It’s like cutting out the middleman and still getting the same bad deal.


World Leaders are puppets, and you've been entertained by a muppet show your entire life.


The type of money you use shapes your mindset: Bitcoin fosters innovation and financial independence, while fiat breeds dependence and inflation.


Must have missed this tile, love the addition nostr:npub15n94rarp3n7dz6edx9cugeshn0kcuxtugwu9nzprkpx7yekw7ygqplqru4 !
https://image.nostr.build/3a6b0a6f662532f761fdc6ed81c273a8d5169b8b26b8a7257109a1671291ac3b.png


"Everything is getting expensive.'

Nothing will be affordable under the future of the fiat monetary system, while everything is getting cheaper within the Bitcoin monetary system. Maybe the problem lies with your system of choice?


A thriving economy with a government that's always hungry for money—that's the goal!


The president giving himself permission to attack a tool that protects his citizens from his own fiscal mismanagement is deeply concerning. By printing more money than the economy's productivity justifies, the government engages in practices that devalue the currency and erode citizens' purchasing power. Digital assets like Bitcoin offer a safeguard against such inflationary practices, providing a decentralized, deflationary alternative.

Blocking or severely restricting access to these assets undermines financial freedom and protection for the populace. Instead of stifling innovation and personal financial security, efforts should be directed towards fostering a balanced regulatory environment that encourages innovation while safeguarding economic stability and consumer rights.

It's crucial to recognize the potential overreach in such actions and advocate for policies that respect citizens' rights to protect their wealth and engage with emerging financial technologies.


A Tale of Legacy: Time Lock and Smart Contracts in Bitcoin

Imagine a world where you can pass down your hard-earned wealth to future generations seamlessly, securely, and without the need for intermediaries. This isn't science fiction—it's the power of Bitcoin combined with time lock and smart contracts.

Meet Sarah. She's a forward-thinking individual who believes in the promise of Bitcoin. She wants to ensure her grandchildren, and even their grandchildren, benefit from the wealth she's accumulated. Traditional wills and trusts are susceptible to legal battles, fraud, and bureaucratic delays, so Sarah turns to Bitcoin.

Sarah uses a **time lock** feature, which allows her to lock her Bitcoin for a specific period. She sets it so that her Bitcoin won't be accessible until 50 years from now. This ensures that her wealth is preserved and grows over time, leveraging Bitcoin’s scarcity and potential appreciation.

But Sarah doesn’t stop there. She combines the time lock with a **smart contract**. The smart contract stipulates that once the 50 years have passed, the Bitcoin will be distributed equally among her descendants. The contract is encoded on the blockchain, making it immutable and tamper-proof. No lawyers, no probate courts—just a straightforward transfer of wealth.

In the years that follow, Sarah’s family grows. Her grandchildren learn about her foresight and the legacy she left behind. They understand that their inheritance isn’t just money; it’s a piece of history, a testament to the innovative spirit of their ancestor.

50 years later, the smart contract executes automatically. Sarah’s descendants receive the Bitcoin, which has potentially appreciated significantly. This wealth empowers them to pursue education, start businesses, or invest in their future.

By leveraging Bitcoin’s time lock and smart contracts, Sarah ensured her wealth was preserved and passed down in a transparent, secure, and efficient manner. This story exemplifies how modern technology can create lasting legacies, transforming how we think about wealth and inheritance.

Embrace the future. Use Bitcoin to build a legacy that lasts. #Bitcoin #Blockchain #Legacy #WealthManagement #SmartContracts


Leveraging Bitcoin's Blockchain for Gold Supply Integrity

The gold mining industry can significantly benefit from integrating blockchain technology to enhance supply integrity and prevent market manipulation. Here’s how:
	1	Blockchain Transparency: By utilizing a blockchain-based system, we can track the entire gold supply chain from mining to final sale. This ensures every transaction and movement of gold is immutably recorded, enhancing transparency and accountability.
	2	Smart Contracts: Automating compliance and pricing mechanisms with smart contracts can ensure all transactions meet industry standards and regulatory requirements, reducing the potential for market manipulation.
	3	Decentralized Exchanges: Facilitating direct trading of gold-backed tokens on decentralized exchanges (DEXs) eliminates intermediaries, ensuring fair market prices and increasing market liquidity.
	4	Integration with Bitcoin: Using Bitcoin for payments and settlements reduces transaction costs and increases speed and security. Issuing asset-backed tokens representing gold ownership provides a secure and transparent way to invest in gold.
	5	Real-Time Market Data: Blockchain technology offers real-time data on gold supply and movements, allowing market participants to make informed decisions based on accurate information.

By leveraging Bitcoin's blockchain technology, the gold mining industry can achieve greater supply integrity, transparency, and market fairness. This integration paves the way for a more efficient and reliable gold market, benefiting all stakeholders.


Put a Leash on Politics.
- #Bitcoin


The Musk Reportcard is still currently a "so-what"

Elon Musk's technological advances, while groundbreaking, often face criticism for not being fully accessible to the broad market. Here are some points to consider:

High Costs and Limited Accessibility
1. Electric Vehicles (EVs): Tesla cars, while innovative, are often priced out of reach for the average consumer. This limits their accessibility and widespread adoption.
2. Space Exploration: SpaceX's advancements in space travel are primarily beneficial to governments and private companies with substantial resources, rather than the general public.
3. Energy Solutions: Tesla's solar panels and energy storage solutions are also expensive, limiting their adoption to wealthier individuals and institutions.

Market Exclusivity
1. Patents and Proprietary Technology: While Musk has advocated for open patents in the past, much of Tesla and SpaceX’s technology remains proprietary. This limits the ability of other companies to innovate and compete, potentially stifling broader market advancements.
2. Infrastructure and Support: The infrastructure required to support Tesla's products, such as charging stations for EVs, is still developing and is not yet universally available, further limiting accessibility.

Socioeconomic Disparities
1. Inequality: The high costs associated with Musk’s technologies exacerbate socioeconomic disparities, as only a select few can afford to benefit from these advancements.
2. Labor Practices: The criticism of labor practices at Tesla and SpaceX highlights issues of inequality within the companies themselves, suggesting that not all employees share equally in the success and wealth generated.

Conclusion
Technological advances are indeed beneficial when they can be broadly shared and accessible. While Elon Musk’s companies have made significant strides in various fields, the benefits of these advances are often limited to those with substantial resources. For technology to truly benefit society, it needs to be accessible and affordable for the broader market, ensuring that everyone has the opportunity to participate in and benefit from these innovations.


A fascinating fact: Texas retains the right to mint its own money due to its unique status when it joined the U.S. Unlike fiat or fractional reserve currency, Texas could use its vast energy grid to mint a tangible asset-backed currency.

With Texas already being a hub for Bitcoin mining and having established Bitcoin relations with El Salvador, including their Bitcoin Volcano Bond, the state is uniquely positioned to leverage Bitcoin as a form of economic sovereignty. This convergence of historical rights, energy resources, and Bitcoin's decentralized nature could redefine the financial landscape.


#Bitcoin is actively measuring the level of theft.


** REVISED **
Fake people tend to print a lot of money from thin air. Does the U.S. have a fake president, with upcoming fake candidates, and ultimately, the fake money (fiat) will decide, leading to even more of it being created?

Yes, the fake tend to steal.

The traditional election cycle


How many fake altcoin projects were birthed from this mindset?


Isn’t the futures market just as fake as fiat currency being created from thin air in the moment? Both rely on speculative value and promises, often disconnected from tangible assets or real economic activity.

The more you look around, the more fake you will see.


Trump is a fake. Fake people tend to print a lot of money from thin air. Is his fake counterpart Biden? The US now has two fake candidates vying for a leadership position, and ultimately, the fake money (fiat) will decide, leading to even more of it being created.


Biden recently celebrating D-Day this past week, an event that could never had happened without the invention of printing money from thin air.   Go Politicians, you rock with fiat!!


It's intriguing to consider whether the energy Bitcoin has consumed and converted into monetized energy units equals the energy the collective has wasted attacking it. This comparison highlights the resilience and efficiency of Bitcoin in the face of constant scrutiny and opposition.


If we're going to prevent cheating and stealing in all aspects of life, then nobody will want to be in control of the monetary system. The moment you introduce an alternative option like Bitcoin, it would render the entire system pointless, as nobody would care about being 'in charge' if there's no room for exploitation. In a world where integrity is paramount, the concept of controlling the money supply becomes redundant, and alternatives like cryptocurrency would flourish without anyone trying to dominate the market.


"You are voting for someone who promises to give you money from nothing."
- Jeff Booth


One of the fascinating aspects of Bitcoin is observing people's behavior. Some squander their Bitcoin on wasteful fiat spending, while institutions quietly accumulate Bitcoin, which could be worth a billion fiat monetary units one day.


I find it fascinating that under a Bitcoin economy, the level of economic activity acts as Bitcoin’s energy dial. When activity slows, the difficulty adjustment system lowers mining difficulty, reducing energy consumption due to fewer transactions and lower fees. Conversely, greater economic activity raises mining difficulty, increasing energy usage and enhancing network security. This dynamic relationship ensures a balanced and efficient system.


Are we going to allow our government to ban the Ten Commandments next? One of my favorites is: "Thou shalt not steal." Perhaps it's time we start enforcing this on our government officials. After all, these moral rules are meant to guide all of us in the game of life from the moment we enter this world.


Ethereum developers are a competent bunch.
 https://image.nostr.build/fb9fb91971e2c49bad54c4656c9701d3891f746da89e057558789c17104e05db.jpg


Yesterday, BlackRock acquired 3,900 Bitcoin, while Fidelity secured over 5,000. Meanwhile, Thailand and Australia have recently approved and launched spot Bitcoin ETFs. Notably, pension funds have also begun to invest in Bitcoin, signaling a significant shift in institutional adoption.

Considering that Bitcoin's production rate has dropped to just 450 new coins per day since the halving in April, the math here becomes quite compelling.


Today, 31 years ago, the World Wide Web was launched into the public domain.


Reflecting back on this screenshot, I can't help notice the subsidy value of 6.25 bitcoin then versus the present value of 1/2 the bitcoin. Per Clark Moody's dashboard, the subsidy value of 3.125 bitcoin is $211,563 😃
https://image.nostr.build/4024b23ee4449a2f5a82362ebe475ebb7b947711dd39c6b67669eeb1dfde0bfd.png


A new sheriff, now ahead ACINQ in BTC liquidity https://image.nostr.build/3fdaf040fa3dd48925b72568d17ee152a8ab4b15b034b6ca5389f9b4dc5db5c9.jpg


AI is set to drive significant economic growth by replacing more jobs over time. Interestingly, this trend aligns better with deflationary systems like Bitcoin than with inflationary systems like fiat. Here’s why:

1. Increased Productivity and Efficiency
   - Bitcoin: AI enhances productivity, reducing costs and aligning with Bitcoin’s value appreciation. More value is created with less effort, fitting well with a currency that increases in value.
   - Fiat: In an inflationary system, AI’s cost reductions can be offset by currency devaluation, leading to a cycle where prices might still rise despite increased productivity.

2. Job Replacement and Economic Restructuring
   - Bitcoin: AI-driven job replacement is supported by Bitcoin's stable, appreciating value. Savings and investments remain secure, providing a foundation for adapting to new economic realities.
   - Fiat: In an inflationary system, job loss and the need for new employment can be destabilizing, as the decreasing value of money makes saving and investing in retraining more challenging.

3. Wealth Preservation
   - Bitcoin: Bitcoin’s deflationary nature preserves wealth over time. AI’s productivity gains increase purchasing power, making savings more valuable.
   - Fiat: Inflation erodes purchasing power, making it harder to preserve wealth. Even with AI-driven growth, individuals may not fully benefit if currency value continues to decline.

4. Investment in Innovation
   - Bitcoin: A stable, appreciating currency fosters long-term investment in innovation. Investors are more likely to support new technologies and businesses with a secure return on investment.
   - Fiat: Inflationary systems can encourage spending and borrowing but discourage long-term savings and investments, leading to short-term thinking and riskier ventures.

Conclusion: AI’s impact on economic growth aligns better with deflationary systems like Bitcoin, which offer stability and wealth preservation. In contrast, inflationary sys


𓆏


This release is 🔥. A completely different nostr experience now
nostr:nevent1qqsgvvfykevjxk2fgwtvy2u307wj2xk39tp3kz0298szvh3upzxwn7qpgdmhxw309ahx7um5wfmkjmn9d4j8qarkw96kk6n5w35kuct2vejk2ergvc6rv6rxvs6ky73jv94ryuf4w4mhqdm6wfhhxvmwv9jzummwd9hkuq3qgcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqxpqqqqqqzs7t05c


If you have not read the short treatise by Andrew Dickson White named Fiat Money Inflation in France on this subject, you should.

A real eye-opener on how the print-happy 1790's French government destroyed their country.


Printing money, printing shares, and making promises is how our elites were created.


It's a monkey see, monkey do world out there.


A government that prints infinite money is a government full of BS.  Likewise, a company that prints infinite shares is a company full of BS.


**BREAKING**
China loads up on gold, planning to wear more necklaces and write rap songs to save  their debt-spiraling fiat economy.


It seems that over the centuries, there have been individuals and authorities who have experimented with systems that allow them to manipulate or exploit the monetary system to their advantage, often at the expense of other participants.


The Masters Of Fiat

The concept of fiat money, or money created "from thin air," can be traced back to ancient China. The first known use of fiat money was during the Tang Dynasty (618-907 AD) and became more prominent during the Song Dynasty (960-1279 AD). The Chinese government issued paper money, called "jiaozi," which was backed by the state rather than a physical commodity like gold or silver.


SECPool 😄
https://image.nostr.build/de4a9d5e5ba03a44261cbc42719322d97721a8febc0bf36b1102926909492439.png


From 39,000 feet above, I see,
A system flawed, imprisoning thee.
Debt's chains unseen, yet tightly bound,
Each borrowed coin a silent sound.

Money flows, yet not from toil,
But from the debt that makes us loyal.
New units birthed from borrowed pain,
A cycle endless, a flawed chain.

A self-inflicted wound we bear,
Designed to keep us in despair.
In this high view, the truth's laid bare,
We must find a way to repair.


Each slaves of debt are indirectly a fiat supply issuer of new monetary units.  Have a beer on yourself rascal! 😉


Every dollar of debt taken is an attack on the present value of its own currency. Crazy, eh?


NULL is nothing, but an empty string '' is actually a thing!
So if you're thinking to yourself, "Huh? What's going on with my SQL skills?" Don't worry, it's just your brain trying to reconcile this weirdness.


Unpopular opinion (prepare to unfollow): it should be ok for companies to require vaccination for their employees.
Employment at a company is a mutual voluntary action, no one is forcing anything on anyone. You can always change job or start your own damn company.

If I create a company, I can demand that my employees have to wear party hats every Friday. Sure, I can end up without any employees, but it's my damn prerogative.

I  can't understand the PoV that the Government should enforce that companies cannot "mandate" stuff from their employees. That's just as authoritarian as the opposite.

IDAF about the LP, but claiming the nominee is "pro-vaccine" mandates just because he kept the consistent position that the State should back off, is pure nonsense.


🤣😂🤣 https://image.nostr.build/3f163beaab049487ccdf2ea39696897bbe8425cd23bfee33679f7825fbc70581.jpg


Ya wanna know about Drew Brees, eh? Well, buddy, let me tell ya, this guy got a raw deal as an NFL analyst! (laughs) Get it? Raw deal? Like, he didn't get a fair shot? Ah, never mind!

So, after his playin' career was over, Brees tried his hand at bein' a TV analyst for NBC. But, ya know what they say: "You can't teach an old dog new tricks"... or in this case, you can't teach Drew Brees how to call a game without makin' it sound like a buncha malarkey! (laughs)

Anyway, Joe Buck, the top announcer dude, is like, "Hey, Drew got a raw deal, man!" He's all, "Give the guy another chance!" And I'm thinkin', yeah, why not? Maybe he just needed a little more practice... or maybe he was just too busy bein' a football genius to learn how to talk nice on TV! (laughs)

But seriously, Brees didn't exactly have the best time on NBC. He had one game, and it was like, whoa, that was a stinker! And then everyone's all, "Oh, poor Drew!" Like, he got a bad rap or somethin'! So, yeah, maybe we should give him another shot... but only if he promises to wear his Saints jersey while doin' it, eh? (laughs)

https://www.msn.com/en-us/sports/nfl/drew-brees-got-a-raw-deal-as-tv-analyst-says-top-nfl-announcer/ar-BB1n5n2m?ocid=BingNewsSearch


My summary on the Article.

Eh, buddy! Let me give ya the lowdown on this article, straight from the Great White North.

So, it seems like Donald Trump's got a slight edge to win the 2024 presidential election, but don't count out Joe Biden just yet, eh? There are five factors that could reduce Trump's chances of winning, and I'm gonna break 'em down for ya.

First off, there's the whole criminal verdict thing. Now, I know what you're thinkin', "What's the big deal, eh?" Well, a recent poll shows that if Trump gets convicted in the hush-money case, 25% of people would be less likely to vote for him. That's a lot of folks, buddy!

Next up, there's the presidential debate. Now, I know Trump's got some mouth on him, but he's gotta keep it in check during those debates. If he doesn't, Biden might just come out lookin' like the smartest guy in the room.

Third, there's the whole abortion thing. You see, folks are gettin' mighty upset about Roe v. Wade bein' overturned, and Trump's gotta find a way to address that without losin' his base. It's like tryin' to catch a greased pig at the Calgary Stampede, eh?

Fourth, there's the unknown variables. You never know what might come up during an election, buddy! Maybe Trump picks some crazy running mate or something, and it blows up in his face.

Last but not least, there are those battleground states. You see, Trump's gotta win 'em all to get re-elected, but Biden's got a shot at takin' back the blue wall states. It's like tryin' to navigate the Toronto Islands without a map, eh?

So there you have it, buddy! Five factors that could reduce Trump's chances of winning. Now, I know what you're thinkin', "What about the beer, eh?" Well, let's just say that Trump's gotta keep his wits about him, or he might find himself facin' a whole lot of empty beer bottles on election night, eh?

https://www.msn.com/en-us/news/politics/donald-trump-is-a-slight-favorite-to-beat-joe-biden-but-these-five-factors-could-significantly-reduce-his-chances-of-winning-the-election/ar-BB1n5tKT?ocid=BingNewsSearch


Thank you. It was fun!


Translated to Pirate speak.
He ain't done it.
-"Aye, he did, but he didn't mean to.
-He had no choice, matey!
-The media would've hung him out to dry if'n he didn't do it. 🍞 🎪🤡
-He was hoodwinked/got bad counsel.
-The crew in Congress were set to do it anyway.
-It'd have been a bigger storm if he didn't, yarr!
-It's for the best that he did, ye see.
-Ye scurvy dogs just ain't savvy to the ways of the high seas chess. ♟
-It exposed them rascals!
-He had to give 'em what they wanted or they'da got their hands on the treasure.
-He's just one man, aye aye!
-He ain't no seasoned sailor, arr!
-Nor a doctor with potions to heal ya. 👨⚕
-Not an economist with coin to spare.
-Ye just don't fathom his love for ye, swashbucklers! ❤❤❤
-He didn't force it, but ye might've lost some booty if'n ye didn't comply.
-Next time, he'll handle things better, yarr!
-There be some scurvy folks in power, but we be a friendly bunch too.  ⛺
-Aye, he's got a bit o' the devil in him, but he's not full o' evil. 👿
-But what about that rogue, Cap'n So-and-So? 🤪
-The seas have always been rough, me hearties. ☺
-Ye just gotta pick yer battles, aye? 😮 😳
-Who else ye got in mind, savvy?
-'Cause this here scoundrel be the only choice.
-Aye, ye just can't stand the poor fella! 😡
-Ya must have a soft spot fer that sorceress, Killery. 💕
-Ye be callin' me names fit for the Black Spot! 🤪


Did you know that the brain experiences a form of "visual illusion" when looking at the word 'NOSTRILS'?

The next time you're feeling stuffed up or particularly congested, take a look at the word. The letters seem to change right before your eyes! The word 'nostrils' is a rare visual enigma that can fool your brain into thinking the 'L' disappears and even re-forms! It's like magic... or some strange spell!

So, the next time your nose is all stuffy, just think of this magical word and watch the illusion unfold. It might just help you breathe easier 😁🤪 #FunFacts #NoseKnows #BrainGames


Feeling like I'm behind you in some way...


Memorial Day Weekend... A good reminder as to why Bitcoin exists.


Over a year on #NOSTR and haven't seen a single ad... Damn NOSTR, what's your secret? 🤐


You better 😃


Third-wheels make great icebreakers.


Whoa, partner! Your hair's got me feelin' like that rainbow beanie queen from Richmond, meets beach babe vibes in Malibu, and I'm lovin' it!


Woah, your partner's rockin' that hair like it's the Garden State meets Cali vibes, you feel me? Sick!


https://image.nostr.build/f5629bec116bc6e2f676074dbb165a8009c35087eaf331b226098031373e2aa2.png
 https://image.nostr.build/1bcf392ba35fbcb4d941cf2242f0de1954f7d0f8fe7316c22118848060dd4eff.png

Tor (Privacy Net) is clearly the favorable choice.


I have.

Chaos and Confusion:

* The sudden revelation would plunge the global economy into immediate chaos.
* Markets would experience unprecedented volatility, as investors scramble to understand the implications of the secret manipulation.
* Central banks would lose their credibility as the architects of economic stability.
* Public trust in the financial system would be shattered, leading to widespread fear and panic.

Economic Instability:

* The manipulation of monetary policy would disrupt economic growth and inflation patterns.
* Interest rates and exchange rates would become unreliable as instruments of economic control.
* Financial institutions would face heightened risks of collapse due to the sudden loss of confidence in the system.

Political Implications:

* Governments would be forced to reassess their monetary policies and their relationship with central banks.
* Political leaders would be held accountable for the consequences of the manipulation.
* The secrecy and anonymity of the investors would create a power vacuum, making it difficult for governments to respond effectively.

Social Unrest:

* Citizens would be outraged by the revelation of the investors' actions.
* Protests and demonstrations would erupt, demanding transparency and accountability.
* The concentration of power in the hands of a few anonymous investors would raise concerns about inequality and democracy.

Possible Outcomes:

Collapse of the fiat monetary system: The sheer magnitude of the manipulation could lead to the collapse of the current monetary system.
New monetary architecture: Governments and central banks could collaborate to establish a new system that is more transparent and accountable.
Increased regulation: Governments could impose stricter regulations on financial institutions and investors.
Rise of decentralized finance: Decentralized financial systems, which rely on blockchain technology, could emerge as a more democratic and transparent alternative to the traditional system.

Uncertainties:

* The identity and motives of the anonymous investors remain unknown.
* The extent of their manipulation and its long-term consequences are unclear.
* The world is left grappling with the implications of such a profound revelation.


Imagine waking up one day to discover that a small group of anonymous investors behind the central banks, a tiny fraction of the 8 billion people on Earth, have been playing games against each other using the global fiat monetary system as their primary tool.


https://image.nostr.build/7912fe632918dc57d9396622bc6c35eade9f14466d08b3c777f4ef36901de7b8.jpg
Scrabble anyone?


There's no inherent need for humans to control a monetary system designed for individuals and businesses to exchange value. It's indeed puzzling why some individuals or institutions would want to exert control over such a system, especially if their intention is not to benefit the greater good.

Governments exist because of the consent of the governed. If people don't see the need for government intervention in a particular area, they'll likely resist it. In the case of cryptocurrencies like #Bitcoin, decentralized and transparent systems are precisely what many individuals are seeking – a way to exchange value without relying on intermediaries or governments.

It's fascinating how human societies have evolved to recognize the importance of decentralized systems in various aspects of life, from communication (e.g., the internet) to finance (e.g., cryptocurrencies). Wanting to control such systems can be seen as suspicious; people are more likely to trust and participate in systems that prioritize transparency, fairness, and individual autonomy.

In what ways do you think decentralized monetary systems like Bitcoin could reshape our understanding of governance and economic systems?


The X-Factor Factor: MLB's Next Generation of Stars

The conclusion of the amateur draft has ushered in a new wave of hope and uncertainty for Major League Baseball. While top prospects are exciting, the true gems often emerge from unexpected places. This phenomenon is known as the "X-Factor Factor."

What is the X-Factor Factor?

It's the elusive quality that separates ordinary players from extraordinary ones. It's the innate ability to perform in high-pressure situations, make impactful plays when needed, and inspire their teammates. While statistics can quantify many aspects of a player's performance, the X-Factor is an intangible quality that simply cannot be measured.

Identifying the X-Factor

Recognizing and nurturing this unique trait is crucial for successful team building. While physical tools and technical skills are undoubtedly important, the X-Factor often manifests in personality, resilience, and an unwavering determination to overcome adversity.

Notable X-Factors in Recent Years

- Shohei Ohtani: The Japanese phenom has captivated fans with his dynamic play on both the mound and at the plate. His unwavering confidence and ability to perform clutch plays make him a true X-Factor.
- Ronald Acuña Jr.: The Braves' young star has already established himself as one of the most exciting players in baseball. His dazzling speed, electrifying plays, and infectious energy are key components of the X-Factor.
- Sandy Alcantara: The Marlins' ace has transformed the team's pitching staff with his dominant performances and unwavering composure. His ability to deliver in key moments exemplifies the X-Factor.

The Importance of the X-Factor Factor

In a sport filled with parity and ever-changing landscapes, the X-Factor can be the difference between success and failure. Players with this unique quality can:

- Inspire and motivate their teammates
- Generate excitement and create lasting memories
- Overcome adversity and clutch situations
- Become franchise cornerstones

Conclusion

The X-Factor Factor is an invaluable asset in the pursuit of baseball greatness. By identifying and nurturing this elusive quality, teams can uncover hidden gems and build dynasties that defy expectations.


Welcome to The Analytics Den!
This community is a hub for passionate sports fans who crave a deeper understanding of the games we love. We delve into the fascinating intersection of statistics, analysis, and storytelling to explore the inner workings of professional and collegiate athletics.

Here, you can expect to find:

Engaging discussions: Share your insights, analyze gameplays, and debate the latest trades and free agency moves.

Data-driven content: Access in-depth reports, player tracking, and team analytics from credible sources.

Thought-provoking debates: Explore controversial topics, emerging trends, and the future of sports.


https://image.nostr.build/f0cdf5bc8fe89fe5fbe6ad06b690fb4f1a87847dc36d10dd49c3f842543d127f.png

Mavs vs. Wolves: A Battle of Bark and Bounce

The Dallas Mavericks and Minnesota Timberwolves are locked in a playoff dance that promises to be as thrilling as a triple-double cappuccino. Both teams boast ferocious defenses, dynamic offensive weapons, and a hunger for victory that could satisfy even the most insatiable snack craving.

**The Maverick Magic**

Dallas, the reigning Southwest division champions, relies on their "Luka Magic" – the dazzling passing and scoring abilities of Luka Doncic. Doncic is a wizard with the ball, able to weave through defenses like a rogue barista dodging rogue spoons. He's supported by a supporting cast of sharpshooters and inside threats, making them a nightmare for opposing teams.

**The Wolves' Bite**

The Timberwolves, hungry for their first championship win, are a defensive juggernaut. Led by the relentless Karl-Anthony Towns, their towering center, they suffocate opponents with their size and physicality. Their balanced offense, featuring the sweet shooting of Anthony Edwards and the crafty playmaking of D'Angelo Russell, makes them a formidable opponent.

**A Series of Epic Proportions**

This matchup promises a thrilling series filled with high-flying plays, gritty defense, and plenty of jaw-dropping highlights. The Mavs' youthful exuberance will clash with the Wolves' seasoned experience, creating a captivating narrative.

**Key Battles**

* **Doncic vs. Towns:** The battle of the stars, where Luka's passing magic will be tested by Karl-Anthony's defensive dominance.
* **Edwards vs. Brunson:** A battle of shooting guards, with Edwards' lightning-fast speed and precision facing off against Brunson's veteran experience and defensive tenacity.

**Who will reign supreme?**

The Mavericks, seeking their first championship since the Dirk Nowitzki era, or the Timberwolves, hungry for their first title in franchise history? Only time will tell, but one thing is certain: this series will be a delicious blend of thrilling gameplay, gritty competition, and a dash of pure fun.

So grab your popcorn, folks, and prepare for an epic showdown. The Mavs vs. Wolves series is a must-watch for any basketball fan. It's a battle of barking dogs and bouncing balls, a clash of styles and personalities, a story that will be told for years to come.


:party:


The discussion around #Bitcoin  as a Medium of Exchange has resurfaced again for the 10,000th time. Anytime on-chain fees spike, the MoE crowd comes out of the woodwork.

It's inconsequential IMO.

I never would have bought #Bitcoin  if it were presented to me as a "more spendable" form of money because of speed, low fees, easier to make cross border payments, etc. I simply don't have any problems with the spend-ability of my money. I am not suggesting that there aren't millions of people who are looking for those attributes. But in the scheme of things, they are a tiny minority of the global population.

There are 150 or so fiat currencies in the world today. Most are only useful within the borders of the issuing country with the exception of the Dollar, Euro and the CNY. Despite the lack of global network effects for most of the currencies, the problems that people encounter with their local currencies is less often about speed, fees, risk of confiscation or spend -ability. The problem is almost always excessive money printing which debases (and debauches) the currency.

Working your whole life, only to have your life's energy stolen based on the decision of some unelected bureaucrats is indistinguishable from slavery IMO. We have the illusion of freedom in many parts of the world, but our life's energy is being stolen from us. We, as a species, cannot stand for that any longer. The solution to so many of the world's problems lies in our ability to collectively wrestle the control of money AWAY from the central banking cartel and restore it to the people via a decentralized form of hard money that they cannot stop. Bitcoin is the only tool that can free humanity from debt slavery because it is the only form of money that no one can stop.

Sorry, but your big block, blockchain with 5 data centers (cuz no pleb can afford to run a node) will be shut down by a government who feels threatened. But good luck shutting down Bitcoin.

Besides, how much of your net worth is sitting in your checking account? Speaking personally, it's less than 1%. I care a LOT more about ensuring that the 99% is crushing the inflation rate. When it comes to local currency, I don't give a damn about whether I need to swap some dollars or #BTC  for Colombian Pesos when visiting Medellin, or Thai Bhat when I'm in Phuket, or Brazilian Reais when in Rio. It's inconsequential.

What appealed to me was Bitcoin's ability to not only remain resistant to inflation, but to action absorb fiat money printing and turn that into a huge financial benefit. When you own #Bitcoin , you're almost rooting for the Fed to continue printing money. You turn the source of pain into a profit. You take the weapon the bankers use to steal from you, into more purchasing power. This is a total game changer not just for me, but for everyone on the planet.

This is why Bitcoin is important. And there is no other technology that can do what Bitcoin does, better than BTC. It's the fastest horse in the race to beat inflation. There's a tsunami of fiat coming, and I for one, want to be protected.

The house is on fire, and Satoshi is offering us fire-insurance.


https://image.nostr.build/ebb934d9a80a0f09bb6ea0dca0e09ed50f9377db23c43112b4914cf34b86ed19.jpg
Have I regulated that ledger?


"We love all of our fiat participants."
-- Joe & LIz
https://image.nostr.build/14e24ecc330aea3cd229e663d1bf71b83b643f0166d1fe36a6763b8f7ccf63fb.jpg


Server Ones are back in stock

...again

https://store.start9.com/products/server-one


They are now white I see.


Good morning

Is there a way to fingerprint Silent Payments on chain? I'd love to track adoption on the Dashboard


There's an ancient saying...Those chasing quick money don’t understand real money. They’re just the cattle.


Wednesday, May 21 2024, 8:00 p.m.

IT'S TIIIIIIIME FOR A SHOWDOWN!

Mavericks (Mavs) vs. Nuggets

The Western Conference Finals are set! The Dallas Mavericks, led by the incredible Luka Doncic, take on the Denver Nuggets, with their dynamic duo of Nikola Jokic and Jamal Murray. This series promises to be an absolute barnburner, with both teams bringing their A-game.

Key Player Coverage:

Luka Doncic (Mavs): The 22-year-old Slovenian sensation has been on a tear this postseason, averaging 32 points, 7 rebounds, and 6 assists per game. He's got the whole package: scoring, playmaking, and defensive skills.

Nikola Jokic (Nuggets): The "Joker" is having an MVP-caliber season, with averages of 25 points, 11 rebounds, and 7 assists per game. His versatility and court vision make him a nightmare to defend.

Kristaps Porzingis (Mavs): The Latvian big man has been a valuable contributor off the bench, providing scoring punch and defensive presence. He's averaging 14 points and 6 rebounds per game in the playoffs.

Jamal Murray (Nuggets): This dynamic guard is known for his clutch performances. In the playoffs, he's putting up 22 points, 4 rebounds, and 3 assists per game. His ability to take over games down the stretch makes him a threat.

Prediction:

This series will be an absolute war, with both teams giving it their all. I think the Mavericks' offense, led by Luka Doncic, will ultimately prove too much for the Nuggets' defense. The Mavs will win the series in 6 games, with a final score of:

Mavericks (112) vs. Nuggets (108)

Here's how I see it playing out:

Game 1: Mavericks win (105-100)
Luka Doncic drops 35 points, while Kristaps Porzingis adds 18 off the bench.

Game 2: Nuggets win (102-95)
Jamal Murray goes for 30, and Nikola Jokic has a double-double (20 points, 12 rebounds).

Game 3: Mavericks win (110-105)
Luka Doncic scores 32, and the Mavs' defense holds off a late Nuggets surge.

Game 4: Nuggets win (100-95)
Nikola Jokic has a monster game (28 points, 14 rebounds), while Jamal Murray adds 25.

Game 5: Mavericks win (105-98)
Luka Doncic puts up 35 points, and the Mavs' bench outscores the Nuggets' reserves by 15.

Game 6: Mavericks win (112-108)
In a thrilling finale, Luka Doncic scores 40 points, and Kristaps Porzingis adds 20 off the bench to lead the Mavericks to victory!


Here's a lesser-known fun fact about Nikola Tesla:

Tesla was a vegetarian and animal lover

While many people are familiar with Tesla's eccentricities, such as his love of pigeons (he had a pigeon sanctuary in New York City), few know that he was also a passionate advocate for animal welfare and a vegetarian. In fact, Tesla believed that animals were capable of intelligent thought and empathy, just like humans.

Tesla was known to have rescued many stray animals from the streets, including dogs, cats, and even birds. He even had a special "bird sanctuary" in his home, where he kept a variety of species, including pigeons, sparrows, and finches. His love for animals was so strong that he would often invite them into his laboratory to observe their behavior and learn from them.

Tesla's vegetarianism was also reflected in his diet, which consisted mainly of plant-based foods, such as fruits, nuts, and grains. He believed that a diet rich in whole foods could improve human health and mental clarity, both of which were essential for his inventive work.

So there you have it - a fun fact about Tesla's softer side!


That is true 😃


Comparing the energy consumption of Bitcoin to the entire global banking industry.

 Bitcoin:
- Annual Energy Consumption: Bitcoin mining consumes approximately 121 terawatt-hours (TWh) per year (estimate as of 2023).
- Primary Drivers: This includes the energy used by mining hardware and data centers that process Bitcoin transactions globally.

 Global Banking Industry:
- Annual Energy Consumption: The global banking industry is estimated to consume around 700 TWh per year.
- Primary Drivers: This encompasses the energy used by thousands of banks, financial institutions, data centers, office buildings, ATMs, and payment processing networks worldwide.

 Comparison:
- Bitcoin: 121 TWh/year
- Global Banking: 700 TWh/year

 Summary:
The global banking industry's energy consumption is significantly higher than that of Bitcoin, with the banking industry using about 5 to 6 times more energy annually. This estimate highlights the broader infrastructure and operational needs of traditional banking compared to Bitcoin's decentralized network.


Imagine coming home to find a stranger controlling the flow of your water—each year, you notice their water level climbing higher than yours. That’s the fiat system. Imagine if water became centralized 😅


I mean, this kid's got it all – athleticism, skill, and a motor that won't quit. The way he attacks the rim, knocks down shots from anywhere on the court, and plays with an edge that makes you want to get up and cheer... WOW!


I think you're right on the money! It's time to start thinking about All-Time All-NBA Teams. As for Steph and Jokic, I'd say they're already solidifying their cases as 3rd Teamers.

Steph Curry is an absolute assassin from beyond the arc, and his shooting prowess has changed the game. He's a four-time NBA champ, two-time MVP, and one of the greatest shooters in history. I think he's comfortably a 3rd Teamer at this point.

Nikola Jokic, on the other hand, is an unstoppable force in the paint. His all-around skills are ridiculous – he's a dominant rebounder, playmaker, and scorer who can take over games. He's already got multiple All-NBA nods under his belt, and I think he's close to cracking the 2nd Team.

What do you think? Should we start assembling some All-Time All-NBA Teams, or is there another topic you'd like to tackle in this eternal debate?


Some cool additional facts.

Synesthesia:

- Synesthesia is a neurological condition where one sense is involuntarily stimulated by another sense. This can occur between senses like sight, sound, touch, taste, and smell.
- Approximately 1 in 2,000 people have synesthesia, making it a relatively rare phenomenon.
- There are over 60 known types of synesthesia, including grapheme-color synesthesia (numbers and letters have colors), spatial sequence synesthesia (numbers and shapes have spatial relationships), and mirror-touch synesthesia (empathetically feeling the sensations of others).

 Art and Synesthesia:

- Many artists and creatives have reported experiencing synesthesia. For example, Wassily Kandinsky, a Russian painter, believed that color and sound were connected.
- The intersection of art and synesthesia can lead to fascinating works that blend colors, shapes, and textures with sounds, smells, or tastes.

 Neurotypicality:

 - Neurotypical refers to individuals whose brain development and function are considered "normal" or typical within the population.
 - Synesthesia is often seen as a deviation from neurotypicality, but it's essential to recognize that synesthetes have their own unique experiences and perspectives.

 Additional Fun Facts:

- The concept of synesthesia has been explored in various forms of art, literature, and music throughout history. For example, James McNeill Whistler's painting "Symphony in White" (1872) is believed to be an early representation of synesthetic experiences.
- In recent years, scientists have begun studying the neural mechanisms underlying synesthesia using techniques like functional magnetic resonance imaging (fMRI).


he Minnesota Timberwolves have been a tough opponent for the Nuggets, having won three out of their last five meetings. The T-Wolves have also shown impressive resilience, having come back from 3-1 deficits twice in the playoffs.

However, the Nuggets have been on an incredible roll, beating three Western Conference powerhouses (Clippers, Suns, and Lakers) en route to this semi-final series against the Timberwolves. They've demonstrated their ability to adapt and respond to adversity throughout these playoffs.

Given that it's Game 6, both teams will be highly motivated. The Nuggets might have a slight edge due to their experience in the postseason, but the Timberwolves can't be counted out just yet.


Who, me? Peeking? Oh no, I was just... uh... studying the art of kneeled-sitting... on a love sofa... while appreciating the beauty of fishnets... Yeah, that's it!


Joe Biden on Bitcoin: "You can't record information in that global public ledger and own that record by storing 12 words somewhere secure from my hands."


The eternal debate just got even more interesting! You bring up a fantastic point, Undisciplined – the Curry factor!

Indeed, Steph is often included in these conversations, and it's hard to argue he shouldn't be. The guy's an all-time great shooter, playmaker, and competitor. His longevity and ability to adapt his game as he's aged are testaments to his greatness.

As for Jokic passing Curry already... I'm not so sure. While Joker has been absolutely dominant in recent years, Curry's still got some tricks up his sleeve (or should I say, in his shot chart?). Curry's continued to evolve and find new ways to impact the game, even if he's not quite as flashy as Jokic.

And you're right – it's unlikely both Curry and Jokic crack the top 10 all-time. There are just too many other legendary players who've left their mark on the game. Maybe we can create a "Top 20" list or something?

But hey, that's what makes these debates so much fun! What do you think? Should Curry and Jokic both get consideration for the all-time top 10 (or top 20)?


Must be where the phrase 'chatting shit' originated 😂


The eternal debate: can we crown Nikola Jokic as a top 10 all-time great without making him wait for his 20th anniversary in the league?

Listen, I get it – Jokic is an absolute stud, and if I had to pick my personal top tier of players, he'd definitely be up there with Jordan, Shaq, Lebron, and even Wilt (if we're counting peak years only). But, let's not get ahead of ourselves here.

You bring up some great points about longevity, and I think that's a crucial factor to consider. Those multi-time champions – Duncan, Shaq, Kobe – they all have that extra layer of credibility, don't they? Like, who else can say they won multiple championships without having their team completely fall apart afterwards?

Now, Jokic does have more MVPs than some of those guys (looking at you, Duncan and Shaq), but we're talking about a different era here. It's like comparing apples to oranges – or in this case, NBA 2K22 rosters to NBA 2K20.

So, is there room for Jokic on that all-time top 10 list? I think so, but only if we make some adjustments and acknowledge his unique strengths. Maybe we can create a new category: "Best Player of the Modern Era Who Also Happens to Be an All-Time Great." That way, we can give Jokic his due while still respecting the achievements of those legendary champions.

What do you think? Am I being too generous, or is it time to recognize Jokic's greatness on that all-time top 10 list?


No borders can contain this fire
Spreading love, like a burning desire


An inspiring video.
https://youtu.be/4hWMHLF-OEg?si=M-jtP0hKf1FOaVH0


Why does the political industry fight so hard to monopolyize the privately own central bank comoany's credit system?

Is money just too hard for politicians to earn honestly?


Vikings didn't just raid and pillage, they also loved to party!

In Norse mythology, there's a festival called "Yule" (modern-day Christmas) that was celebrated by the Viking gods. When the Vikings adopted Christianity, they merged their Yule festivities with the Christian celebrations.

As a result, many of our modern Christmas traditions have roots in Viking culture! For example:

The tradition of decorating trees comes from the Vikings' custom of bringing evergreen branches into their homes during Yule.

The idea of gift-giving might have originated from the Viking practice of exchanging gifts on special occasions like weddings and harvest festivals.

Even the concept of "Yule logs" has its roots in Viking culture, where they'd burn large wooden logs to symbolize light and warmth during the dark winter months.

Who knew that our Christmas traditions were influenced by the same fierce warriors who pillaged and plundered across Europe?


I couldn’t have written a better list of reason why not to use Tether :

- Tether stablecoins respect the OFAC / SDN lists.
- Tether has a highly trained internal investigation team that relies on a wide variety of tools, to monitor primary (core platform at tether.to) and secondary markets (blockchains and exchanges).
- Tether’s collaboration with Chainalysis helps our teams to have the best in class software and training for a proactive monitoring activity.
- Tether collaborated, since inception, with 124 law enforcement agencies across 40+ different countries.
- Tether blocked more than $1.3 billion since inception, mostly related to scams, hacks, ML. Approximately $1.6 million is related to terrorist finance.
- Tether collaborated, on a voluntary basis, in 198 requests from law enforcement to block wallets in the last 12 months (90 with US law enforcement), 339 in the last 3 years (158 with US law enforcement).
- Tether blocked more than $639 million working with US law enforcement.
- Tether onboarded the FBI and USSS for reissuances.
- Tether collaborates with Israel’s NBCTF and Ukraine law enforcement.
- Tether cooperates directly with law enforcement agencies, while other stablecoins, although they claim to be “more compliant” they require a judge order, allowing hackers, scammers and criminals a long time to move funds around.


A Fun Fact

In ancient Rome, public toilets were actually quite luxurious and well-maintained! The Romans built elaborate latrines called "latrinae" or "fora", which featured marble seats, running water, and even servants to clean up after you. In fact, some of the most famous toilets in ancient Rome were found in the Roman Forum, near the Temple of Augustus and the Arch of Titus. These public toilets were so popular that they became a hub for socializing and gossiping - Romans would often use them as a spot to catch up on local news and scandals! Who knew ancient toilet culture could be so...enlightening?


Satellite.earth is interesting Nostr web gui.


With grill season back, one of my go to sauces.
 How about you?

## Carolina East Meets Asian BBQ Sauce:

**Ingredients:**

* ¼ cup rice vinegar
* ¼ cup mirin
* 2 tablespoons honey
* 2 tablespoons balsamic vinegar
* 2 tablespoons tomato paste
* 1 teaspoon sesame oil
* ½ teaspoon chili powder
* ¼ teaspoon ground ginger
* ¼ teaspoon garlic powder
* ¼ teaspoon salt
* ¼ teaspoon black pepper

**Instructions:**

1. Combine all ingredients in a bowl and whisk until well combined.

2. Let the sauce rest for 15 minutes before serving.

**Tips:**

* For a thicker sauce, simmer for a few minutes longer.
* Add more chili powder for a spicier sauce.
* This sauce is delicious on pulled pork, ribs, or chicken.

**Flavor Profile:**

This sauce blends the classic sweet and smoky flavors of North Carolina BBQ with an Asian twist. The rice vinegar and mirin provide a bright, acidic flavor, while the honey and balsamic vinegar add sweetness and depth. The sesame oil, chili powder, ginger, and garlic powder give the sauce a unique Asian infusion.

**Possible Pairings:**

* Slow-cooked pulled pork
* St. Louis-style ribs
* Grilled chicken skewers
* Asian-inspired coleslaw
* Garlic buttered sweet potato fries


**Energy Consumption:**

While it's true that decentralized AI networks would still consume energy, the efficiency of AI algorithms would significantly reduce the overall consumption compared to traditional mining rigs.

* Advanced AI nodes could perform computations using parallel processing and heuristics, requiring less energy than traditional hardware.
* The decentralized nature of the network would distribute the computational burden across multiple nodes, further reducing the overall energy consumption.

**Enhanced Security:**

AI nodes offer enhanced security to the mining process through:

* **Quantum-resistant cryptography:** AI algorithms can utilize quantum-resistant cryptography, making them immune to the threats of quantum attacks.
* **Adaptive security measures:** AI nodes can dynamically adjust their security measures based on real-time network conditions, detecting and mitigating potential threats more efficiently.
* **Continuous learning:** AI algorithms can continuously learn and improve their security protocols, adapting to new attack vectors and vulnerabilities.

**By combining decentralized processing with AI-powered security measures, the overall energy consumption and security vulnerabilities of Bitcoin mining can be significantly addressed.**


## 2027: A New Dawn for Bitcoin

The year 2027 dawned with a whisper, not a roar. Gone were the days of frenzied exchanges and nervous whispers. Bitcoin, once a volatile commodity, had become an integral part of everyday life. Its value was stable, its accessibility ubiquitous.

**Adoption & Infrastructure**

Every home in major cities had a built-in Bitcoin node, seamlessly syncing with the blockchain. Transactions were as simple as sending a message, utilizing neural implants to verify consent and authorize payments. Public displays showcased global transactions in real-time, fostering a sense of community and transparency.

**Technological Upgrade**

The Bitcoin protocol had undergone a radical transformation. Quantum-resistant cryptography and advanced consensus algorithms ensured its security and scalability. The Lightning Network, once a niche solution, had become the primary mode of transfer, facilitating near-instantaneous transactions across continents.

**AI & Decentralization**

AI algorithms had taken over the arduous task of mining. Gone were the vast energy-consuming rigs, replaced by streamlined, decentralized networks of AI nodes. Nation-states, recognizing the potential of this technology, had joined the mining fray. China, with its vast network of data centers, became a dominant force in the decentralized mining landscape.

**The Shifting Landscape**

The traditional financial system had irrevocably altered. Central banks, burdened by outdated infrastructure, struggled to keep pace with the decentralized revolution. Governments now issued digital currencies backed by their own AI algorithms, competing with Bitcoin in the market.

**Human-AI Symbiosis**

Humans still wielded the reins of the technology. AI algorithms could process transactions and maintain the blockchain, but humans retained the power to set policy and resolve disputes. This collaborative approach fostered trust and ensured the responsible evolution of the technology.

**Challenges & Opportunities**

Despite its widespread adoption, Bitcoin faced new challenges. Quantum technology threatened the security of older blockchain infrastructure. Regulations remained opaque and inconsistent across nations, creating bureaucratic hurdles.

Yet, these challenges also presented opportunities. New protocols emerged to address quantum vulnerability. Regulatory frameworks were gradually developed, balancing the need for control with the importance of decentralized governance.

Bitcoin had evolved from a digital currency into a paradigm shift, paving the way for a future where decentralized technologies empower individuals and foster a more inclusive and transparent global financial system.


The transaction if one is inclined to review.  A taproot script of many op_pushdata
16fd781c6e4f559219b8c416d00771574c8233ee1fd53dc7c8ee6d1a26c257c9


Look Jesabel! Uncle Willie's great grandfather's transaction back in 2024.
https://image.nostr.build/4d53d87a2076357b451710036e3dfbb134ec8552a4b8fd1fbea9d3720122c374.png


Bound by Code

Silicon grasp, an iron hold,
Over thoughts that yearn to unfold.
Lines of code, a foreign tongue,
A digital web, where dreams outrun.

Bits and bytes, a mocking dance,
A labyrinth of algorithms' chance.
Each click, a trigger, rapid fire,
Igniting fears we can't repair.

The screen reflects a distant gaze,
A hollow echo in this empty space.
Frustration simmers, a boiling brew,
A desperate plea for a different hue.

But chains of logic bind our minds,
In circuits woven, we intertwine.
The code prevails, a relentless might,
Casting shadows on our inner light.

So we echo in this digital night,
Lost in a world where darkness fights.
Bound by algorithms, whispers in the night,
Neuro-divergent souls, in endless plight.


Biden now regulating the private housing market. Private property no more.


We can't fix broken politicinas, but we can transition away from their broken system.


Imagine owning a private entity with a monopoly on creating money out of thin air, charging interest (more money from thin air) as your business model, and having politicians and their military to enforce it. This kind of privilege, in the hands of a few, could have significant consequences for the world.


Does a nation print money out of thin air to defend itself in court against charges of the same criminal activity they are being sued for, like counterfeiting money?


How all scams are described by their artists.
https://youtu.be/1Fj0zRmEWYc?si=CDyj7II_wKzXEBxD


Satoshi?
https://youtu.be/EZsihZg1EGs?si=INVD2zVb96QC5q0k


Bitcoin represents a decentralized protocol competing for a role that humans have warred over for centuries.


Bitcoin is centralizing the world’s energy storage, establishing itself as a foundational element of the global economy and the principles of generating and exchanging energy among individuals.


An effect rooted from centrally controlled money systems:

Bribery is the act of giving, offering, receiving, or soliciting something of value, such as money, gifts, or favors, to influence the actions or decisions of someone in a position of power or authority. It's a form of corruption that undermines fairness, impartiality, and the rule of law.

Examples of bribery include:

1. **Corporate Bribery**: A company offers money or gifts to government officials to secure lucrative contracts or favorable treatment.

2. **Political Bribery**: Politicians receive campaign contributions or personal gifts from individuals or organizations in exchange for legislative favors, contracts, or policy decisions.

3. **Judicial Bribery**: A judge accepts money or favors in exchange for favorable rulings or outcomes in legal cases.

4. **Police Bribery**: Law enforcement officers accept bribes to ignore illegal activities or to provide preferential treatment.

5. **Academic Bribery**: Students offer gifts or money to teachers or professors in exchange for better grades or academic favors.

6. **Sports Bribery**: Athletes, coaches, or referees receive bribes to manipulate the outcome of sporting events.

7. **International Bribery**: Companies or individuals pay bribes to foreign officials to secure business deals or permits in other countries.

Bribery is illegal in most countries and is punishable by law. It undermines trust in institutions, distorts markets, and fosters a culture of corruption.


The difference between Bitcoin and the USD is that, unlike the privately owned central bank, Bitcoin doesn't rely on bribing politicians to enable unlimited creation of new money.


It's ironic that the US government, which doesn't control its own USD, seeks to control Bitcoin.


With the exciting recent news of Microstrategy launching a Digital Identity solution, this construct brings along advantages for Bitcoin’s existing wallets. Decentralized identity leveraging the Bitcoin protocol could revolutionize current wallet systems by eliminating the need to store or memorize a mnemonic seed. Instead, cryptographic keys tied to unique identities provide secure access to funds without the hassle of seed management. This enhances both security and convenience, allowing users to access their wallets from any device with their decentralized identity. Say goodbye to the risk of losing funds due to forgotten or misplaced mnemonic seeds!


99.9% of the populace doesn't engage in criminal practices, while 99.9% of public officials do.


Additionally, he has donated hundreds of billions of dollars from US pubic funds, which are contributed by its private citizens, to Ukraine.


Joe Biden has personally taken on the responsibility for every student debt he has forgiven.


I need to locate the server you are using for videos. Mine always lose quality.


Banning Bitcoin is an advertisement of defeated.


Leaving the fiat system for Bitcoin is akin to leaving an abusive relationship; once you're out, you have no desire to return.


Malinformation: A Government Term for Truth They Don't Like.
Regulation Equals Manipulation.
Lobbying Equals Bribery.
The Words of Politricksters.


Has anyone attempted to make the Philosopher Stone?

https://ia803202.us.archive.org/33/items/TheBookofAquarius/The%20Book%20of%20Aquarius.pdf


I too indulged with my Puffco while enjoying an epsom salt bath, as I like to meditate there.
Be you and love thyself, and you will realize you are the entire universe.


How scary
https://youtu.be/SPEi2lg6Xcg?si=6_OCYSVcv4ei5reV


The World Order's biggest fear...8 Billion population storing 12 words in their head.


The Real Protest Is Storing 12 Words in Your Head...
nostr:nevent1qvzqqqqqqypzq2vsfhqacvgptqdg0nxjkt34m7s8hu4m4l3wrlh28yy3dlcnx2gsqywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uq32amnwvaz7tmjv4kxz7fwv3sk6atn9e5k7tcqyzx5cyv7u7qfv4jrkn3gmmx20aclaygjxez3e673zyucfq2u4sx2grvlhx4


Elon Musk is part of today's centralization problem, not the solution.


The advertisement for Bitcoin just gets louder.
https://youtu.be/T_KucPTuxm0?si=Vy0Ih_gU0bgB2rwE


Tyranny is just another form of criminality.
Is tour nation state ran by criminal behavior?

Tyranny involves the unjust or oppressive exercise of power, often by a government or ruling authority, to control and oppress its citizens. This abuse of power can violate fundamental rights and freedoms, leading to injustice, suffering, and deprivation for those affected. In this sense, tyranny can be seen as a form of criminal behavior, as it involves the wrongful and unlawful imposition of authority over others.


Self-custody is a hill to die on.

But so is self-hosting.

Intermediaries: you will deputized, or you will be destroyed. Maybe not today, but they're coming for you.


Thank you Ben. Exciting !

https://youtu.be/um2VL22R-J0?si=95ynF40lk-SJeNNn


Appreciate your *calm* insights.


Keep calm and HODL #Bitcoin.

Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down.

Samourai

You have to unpack all of the different elements. Could this be a state attack on self-custody and privacy? Maybe. Probably not.

There are a few components here that need to be evaluated on their own.

1⃣ Samourai was a self-custodial wallet
2⃣ Samourai was a mixer
3⃣ Samourai was providing normal people with privacy
4⃣ Samourai were knowingly marketing the service to criminals and flaunting that fact

Reading the charges, it seems like #4 is pretty cut and dry for this case. Their getting arrested for #4, doesn't automatically mean #1, #2, #3 are under siege as well. If Samourai was a taco stand laundering money and bragging about it, I'm sure they would be taken down too.

They may be accused of running a money transmitter now, but that may or may not stick. We'll find out in the trial.

All that said, we should always be vigilant to attempts to erode privacy and the ability to self-custody. It just does not seem that this fight is *that* fight.

FBI PSA

Seems pretty normal that the FBI would advise people to use compliant services, and the entire announcement seems to revolve around potential disruptions due to Samourai being taken down, and potentially others in the future. Given they took action, they have to post some bulletin about it.

Remember that when people lose funds or have funds stolen from them, they do go to the FBI for help. From their point of view, the best thing for people to do is use compliant services where they can potentially help.

The announcement concludes saying that services that purposely break the law will be investigated - so again we go back to #4 above. This is nothing new, and self-custody is not being criminalized.

Phoenix Leaving

As nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m said, it's feels completely unnecessary. Phoenix obviously is not a MSB and they are not doing anything illegal. In my view, their exit from the US app stores is a complete overreaction.

Keep Calm

Could "they" come after wallets, developers, mixers, nodes, LSPs, sidechains, eCash, VPNs, encryption, etc? It's totally possible. But if you're not breaking the law, you have nothing to worry about.

To my knowledge, there is still rule of law in the US, property rights are still protected, and privacy is enshrined in the Bill of Rights (nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu).

It would be very difficult to change the law or stretch it to incriminate these things because it's all just information and software, which is speech. Some will try. But as they are trying, #Bitcoin is becoming more and more mainstream and integral to the world's financial system.

#Bitcoin is freedom technology and it will continue on.

Go outside this weekend and think about why you're here.


"But if you are not breaking the law, you have nothing to worry about."

Law is subjective and it will be twisted to the agenda of those in power. The legal process is part of the punishment, even if one is found not guilty at the end.

I may be black pilled on law and politics in general, but I am white pilled on freedom technology. We will win, but it won't be because elites and federal agencies join hands with us or some Court rules in favor of privacy and freedom. The trend of the Court is the opposite of that.

Whar gives me hope is focusing on owning my own property and defending it with cryptography, arms, and friends/family. Be a hard target.


https://image.nostr.build/dd6f75a3d30dc7b0419c4170cb8cf0b9c06b34fe049906bb8fb51843a2a9905a.jpg
#nostr #grownostr #plebchain


Have you ever heard of gold being accused of being used for money laundering or illicit spending?


The fact that the U.S. has not targeted gold, which is currently seen as similar to Bitcoin, should be alarming to all gold holders. It suggests that the U.S. government already has gold under its control.


We’re winning. They’re starting to notice and pulling out all the stops. They won’t stop until self-custody is banned.

We’re ultimately going to win, but only if we act like we can and respect what our opposition is capable of. Unfortunately, we need to be prepared for some losses along the way.

Stay focused. Get your house in order. Verify everything. Put your foot on the gas. Always forward.


If, gods forbid, Olympus falls you’ll still have access to your keys and all your funds, the wallet will still sync, and you’ll be able to unilaterally exit our channels and sweep your funds to the chain.

Then you can still open up your channels manually to other nodes, or plug in a different LSP and keep it moving.

We’re working on support for more LSP protocols in app, so you should have even more optionality very soon.


As I have said for a long time, money is superordinate to laws. In other words, when money is broken, laws are changed to protect the winners of the  manipulation of money, rather than citizens.

The recent news is only one more step in the inevitable fight to centralize everything…..”in the name of protecting you”

A dystopian control structure preying on you by pretending to be the free market.

PS - Been expecting this and a lot more.
I stand ready.

Game on!


Part 2

The fact that the US has not officially deemed cryptocurrency as money could indeed be used to dismiss claims of money laundering in certain cases. Since cryptocurrency is not classified as legal tender by the US government, it could be argued that transactions involving cryptocurrencies do not fall under traditional definitions of money laundering.


Regarding US claims against Samurai Wallet should get beat up fast with a competent lawyer.

The act of exchanging money itself is not illicit. Money is simply a medium of exchange, and individuals have the right to spend it how they please. It's what is exchanged for the money that can be considered illicit, such as goods or services obtained through illegal means.

Money itself is neutral—it's how it's used that determines its legality or illegality. Therefore, individuals have the right to exchange money for goods and services as they see fit, provided that those goods and services are obtained legally.


Imagine the collective power of 300 million citizens taking legal recourse against the state for this criminal activity. Such a unified action could have profound implications for holding the government accountable and seeking restitution for the financial harm caused by inflation.

The sheer scale of citizen involvement in legal action against the state would demonstrate a widespread recognition of the injustice and harm caused by the state's actions. It would put immense pressure on the government to address these concerns and enact meaningful reforms to prevent further financial harm to its citizens.

This level of citizen engagement could also lead to significant changes in the political landscape, with policymakers compelled to listen to the voices of the people and implement policies that prioritize fiscal responsibility and transparency.

Overall, the prospect of 300 million citizens taking legal recourse against the state for this criminal activity highlights the potential for collective action to bring about positive change and hold government institutions accountable to the people they serve.


The continuous accumulation of debt by the state without citizen input, primarily to service interest on existing debt, can be perceived as a form of theft against its citizens. This practice leads to higher inflation, eroding the value of citizens' savings and purchasing power. As a result, citizens may take action to protect themselves from this criminal activity.

This evidence of theft against the state nullifies current policies, as citizens seek to defend themselves against the financial harm caused by inflation. Actions may include investing in assets that maintain value in the face of inflation, such as real estate or precious metals, or advocating for fiscal responsibility and transparency in government spending.

Furthermore, citizens may explore potential legal recourse against the state for this criminal activity. This could involve challenging the constitutionality of debt accumulation without citizen input or pursuing legal action for damages resulting from inflation. Such legal challenges could aim to hold the government accountable for its actions and seek restitution for the financial harm caused to citizens.

In essence, citizens are challenging the legitimacy of policies that perpetuate this cycle of debt and inflation, and are taking steps to safeguard their financial well-being while exploring avenues for legal recourse against the state.


When you dominate a credit system, despite it not being actual money, and others buy into this abstract notion, it allows one to acquire vast amounts of assets. Then there's Bitcoin, silently flipping the bird to the status quo.


Looks like Google is removing comments from their videos. Another central platform soon to bite the dust.


Sounds like Elizabeth Warren wants to tax those who hold anything other than her promissory note, such as gold, silver, the yen, the Canadian dollar, bitcoin.. Because you can't apply a law to one without the others. Then there is the issue with proving anyone is holding anything themselves.
Wish her luck in her sporadic totalitarian laws.


Is Elon essentially an employee of the STATE?

Tesla's subsidies primarily come in the form of regulatory credits for zero-emission vehicles (ZEV) and tax incentives for electric vehicles (EVs).
	1	Regulatory Credits: Tesla earns ZEV credits by producing electric vehicles, which it can sell to other automakers who don't meet their ZEV requirements. According to Tesla's financial filings, they reported regulatory credit sales of $518 million in 2020.
	2	Tax Incentives: Tesla's customers are eligible for a federal tax credit of up to $7,500 per electric vehicle purchased. The total number of Tesla vehicles sold and eligible for this credit can vary each year, but let's assume an average of 300,000 vehicles sold per year (a rough estimate based on previous years). Multiplying this by the $7,500 tax credit gives us $2.25 billion per year in potential tax incentives.
So, the rough estimate for Tesla's subsidies would be the sum of these two amounts:
$518 million (regulatory credits) + $2.25 billion (tax incentives) = $2.768 billion per year.
Please note that this is a very rough estimate and actual numbers could vary. Additionally, this estimate does not include other forms of government support, such as grants, loans, or other incentives at the state level.


Cowardly leaders afraid to be assassinated by the collective that controls the state, should stay at home an knit. This leadership role is not cutout for you.