Love this pod

https://fountain.fm/episode/o37fDetoOXGbWoak5lFa

nostr:nevent1qvzqqqpxquqzptdffsf0zpn6p89pkzkkwfr2dd6an7c24cvqglg5chkh6pc4cnnvjajfy8


I remember he burst on the scene as someone actually looking at bitcoin mining data rather than an opinion piece based on all the known tropes


Shocking

Public debt projected to exceed 270 per cent of GDP by the mid-2070s

https://obr.uk/download/fiscal-risks-and-sustainability-report-september-2024/?tmstv=1726145608


Crazy tax on UK oil and gas sector!  from November, the total tax rate on profits made by energy firms in the UK is expected to rise to 78%.

https://www.bbc.co.uk/news/articles/cx287xq91e5o


Palmolive (feat. Pusha T & Killer Mike) - Freddie Gibbs & Madlib


Likewise. Pre steam.


Rockin


Love your book Lynn, I would recommend it to anyone


Welcome


Impressive! I’m not their yet.


Wise words


-Treat the arrest of the Telegram CEO as an emergency.

-Advocate for his freedom and for all freedom tech providers.

-Support and build things that function without a CEO, like some aspects of Nostr. When authoritarian Europe or the US arrests you, be able to say, “I literally can’t control it, it’s already out there, and we are legion.”

-Tell me and others, as capital providers, how to accelerate this.


Started watching from the 6hr 40 min mark. Good watch


This


Count me in


yo yo yo

anyone (or anyone you know) interested in helping test Strike UK? in the final lap before launch (hopefully), would be a huge help

DM me here if interested. will only check nostr DMs.

appreciate yall! 🫂


Great vids on YouTube


FT still not quite getting it. I feel they are getting closer though The paradox of ‘sustainable bitcoin’ https://on.ft.com/3QKEyzb


Just watched it’. Amazing :)


Chill


I don’t think the FT is good quality training data for Bitcoin https://www.ft.com/content/33328743-ba3b-470f-a2e3-f41c3a366613


Atari


You should see the cash limits in place across the UK and the ability to stop payments with the sniff of an issue or risk


I have some detailed analysis I did on this at work. It was price competitive with Wise for £100 and under


Love your videos


Ossification


Snap. Blame it on the FCA


Loving the Tuscany lightning summit https://www.youtube.com/live/l9lHICvDFOA?si=xCWCsM-Y2IVTV1Fw


Hard to fault a few beers with mates… avoiding getting legless is a good idea. Still can give a hangover though…


Good to hear. My 1gb raspberry pi4 has maybe 1 year left until it runs out of space. Umbrel Home is likely next purchase .


Ok


Mine is surprisingly heavy


Thanks. Look fwd to listening to


Love it


Hello!


Welcome


Imagine that!


Nice one


What?!


Hello all!


Hey


FT bearish as usual
“Bitcoin price are at fresh record highs in many currencies. In dollars the cryptocurrency is up more than 40 per cent over the past month. The $69,000 intra day high set in 2021 is within reach. Excitement is being fuelled by the approval of spot exchange traded funds in the US. Expected changes to the way bitcoins are created or “mined” due at the end of April are adding to the frenzy.

The “halving” event which happens about every four years was written into bitcoin code by its creator as a means to enhance scarcity. It means that the number of coins a miner gets as a reward for completing each calculation will fall from 6.25 to 3.125. This mechanically raises the production cost and reduces supply at the same time.

Regardless of whether you believe bitcoin has any real value, prices remain tied to these underlying fundamentals. Opinions on the former are shifting as mainstream adoption grows; some $70bn has flowed into spot bitcoin exchange traded funds since they first went live in January, according to data from The Block. Rising demand from buyers anticipating the next halving explains why crypto bulls now gleefully predict bitcoin prices will soon exceed $100,000.

Look closer and this bullish target seems suspect. The current cost of production — largely the electricity required by computers making the calculations for mining — is currently about $27,000, thinks JPMorgan. This offers a sense of the price floor for bitcoin. Immediately after the halving this will jump short term to around $50,000.

Costs are also a function of the hashrate. This reflects the amount of processing power devoted to mining coins. The higher the hashrate — currently at a record high — the longer it takes to mine each coin. That in turn means higher costs for all involved, offering some comfort to buyers.

Yet, the recent surge has taken bitcoin prices far above the cost of production. For bitcoin in the past that has not been sustainable. Moreover, these costs should start falling shortly after the halving as less efficient miners drop out, unable to keep up. As older machines are retired, the hashrate should fall and with it production costs.

At some point the price rally will lose steam. Assume mining processing power falls by one-fifth then the cost of production will fall correspondingly to around $43,000. That offers a useful guide to where prices might find a floor once the current bout of mania subsides.”


You may release a little when it hits $200K !


ragster

UK 🇬🇧 London Bitcoiner. Orange pilling High Street Bank. Payments. Umbrel ☂⚡node=BTCRich


yes


Incredible you have endured through this


nostr:npub1tjkc9jycaenqzdc3j3wkslmaj4ylv3dqzxzx0khz7h38f3vc6mls4ys9w3 are you seeing much adoption or use for Fedimint?


How naughty…he sweared on live TV!


Sauce?


What a tease


happy New Year


Merry Christmas 🎄


Retail is back. 50% increase in volumes to exchanges and doubling of values in last couple of months


Mainstream media has fun https://www.thetimes.co.uk/article/how-to-spend-bitcoin-uk-where-pay-for-in-cryptocurrency-2wxzsh3gs https://image.nostr.build/bd323419f8f43fdf4f36e702a8d1d48949962710b70fb0f9f6981a8e6674362a.jpg


The FT hates Bitcoin. Especially when it goes up in fiat terms!!
https://m.primal.net/HSdb.jpg


North Pole is ice on water so no issue. South Pole Antarctica is on land so that is an issue when it hits.


More than 60x


Yo


Good luck. I reckon UK is next


Still requires central custody by WoS


Off shore unregulated. Probably worried about being another Binance style prosecution


Money history in UK
Throughout human history, the way that we pay for goods and services has been becoming progressively less tangible and more remote. Early human history was a barter economy. Then coins started appearing in the world around 600 BC, and the Romans brought them to Britain around the first century AD. The Royal Mint was founded in 886 and is the 10th oldest company on the planet. Cheques appeared around
1660 - issued by Goldsmith bankers for making loans. Banknotes - exchangeable for the equivalent value in gold - were produced in the UK from the mid-18th century. Wire transfers became possible around 1871. Around 1960, wages started to be paid direct into bank accounts, and the first ATM was introduced in 1967. The rate of change has accelerated rapidly over recent decades, with credit cards, debit cards, contactless, online banking, mobile banking and digital wallets. With each wave of innovation, money is less physical. and increasinglv has simply become a digitised number. As our relationship with money changes, the way that we authorise, understand and control our payments have changed at incredible pace over recent years. In 2022, 86% of payment transactions in the UK were digital, compared to 44% in 2012


First time I’ve seen your product. Looks very cool as I assumed there was exchange risk… but no!!


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

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

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

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

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

cc: nostr:npub1nxa4tywfz9nqp7z9zp7nr7d4nchhclsf58lcqt5y782rmf2hefjquaa6q8 nostr:npub1x5nfafs95as966kkkvd773wvv5qtjyd27fy3g67jxyzln93mk02qdgdkan nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft


Nostr is the future of Bitcoin payments. We can now send hundreds of bitcoin payments with one click and we can do it anonymously, automatically, asynchronously and non-custodially. This is all possible with Nostr as Bitcoin’s Layer 3.

Last week at Nostrasia I shared my thoughts on accelerating Bitcoin adoption and showed what’s possible in just a few weeks of building with the complete Bitcoin payment stack. Here is the video and full presentation.

Reach out if you would like to collaborate! Let’s build!

#bitcoin #payments #nostr #nostrasia $boost

https://image.nostr.build/37e8c0814ff026696262e83cf4c924795b4ccbaed5cbffbcb881e8bfc2c7979a.png
https://www.youtube.com/watch?v=8oPdYu5hbVg
https://w3.do/DzkSp8Zx


Is there anything in the west we can do?


The FT will always play to its TradFi audience.


2012: "No one uses it"
2013: "Only criminals use it"
2015: "Only nerds use it"
2017: "Only speculators use it"
2019: "Only a small % of the world uses it"
2020: "Only small companies use it"
2021: "Only small countries use it"
2022 and 2023?


UK banks have a mixed ability to allow payments to crypto exchanges

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


Hello. Cool product


Not very seamless in IOS though


Dear NOSTR developers.
I want to work on an Adult Noster client designed for mature adult consumers.
I can not code.
I do know what makes a good adult site.
I've been in the adult industry for 17 years in just about every aspect.
I can also do site content, writing, and digital art.

Boost this. Please. Boost this.

Let's get it done before some developers ruin NOSTR for adult providers while denying their own personal opinions on content amount to censorship on a protocol that is supposed to be for freedom.


Decentralise and win


I would hope there are ways around the ban


Hello


I enjoyed that show.


GBTC gap will close and get very close


Price responds


Something wrong with this ball 🤣🤣🤣

https://video.nostr.build/62223371f69d6ef1c9a34e5e406d4016144d3322dbaedc30f1c03b91e8da45cc.mp4


“Nobody is using Lightning” should now be a dead meme.

Launching a new Bitcoin report from nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en: How the Lightning Network grew by 1212% in 2 years ⚡

It’s time to pay attention to the incredible work of so many people in the space.

In this report:
- How many transactions on Lightning
- How much volume
- How many users
- Industry overview of 173 companies
- Funding overview
- River-specific insights
- Why are companies interested in Lightning
- Growth accelerators

And yes, an executive summary 😉

You can find the report here https://blog.river.com/the-lightning-network-in-2023/

It would mean a lot if you could share this post and/or the report 🧡

I'll be sharing this report at The Bitcoin Conference in Amsterdam in 2 days! https://image.nostr.build/bf9f3fb3e2404406284640a5861e0a510bfe3e08a3e3fa3db51c885cb8a12469.png


Like caviar or dynamite, a little bit of bitcoin goes a long way.

https://www.morningstar.com/portfolios/6040-isnt-dead-neither-is-bitcoin-mixing-two-can-be-lethal


Suckers


Wonder if this is any good https://www.bbc.co.uk/iplayer/episode/m001qx1l/panorama-downfall-of-the-crypto-king?page=1


Love it!


Wait. what?


Thanks for the follows list. How about you add snowden?


Welcome


I use peach but it’s an 8% spread premium for the pleasure of KYC sats


#[2] joined an hour ago :)


@dylan