The US is squandering a transformational opportunity leaving regulators to decide the fate of Bitcoin and the entire digital asset space. Regulators regulate, they are parochial and self interested, they do not transform.

This extends to the dollar dominance discussion. The cadre of regulators seemingly entrusted with defending that dominance fundamentally misunderstand what dollar dominance was about. For them, it is about the ability to manipulate and weaponize the dollar. But where did dollar dominance come from? Economic strength and reliability. And precisely how do you kill that dominance? Through manipulation, weakness through debasement, and strangulation of economic opportunity.


I thought this was  a very thoughtful piece on what banks could look like.

https://delvingbitcoin.org/t/thoughts-on-scaling-and-consensus-changes-2023/32


GM!

THE  COMPETITION HAS TAKEN THE FIELD.

ETFS HAVE VACCUMED UP 95,000 COINS IN LESS THAN 10 DAYS. DONT STOP BUILDING YOUR OWN STACK NOW!


Some of the best people I've met. When I think back on my Bitcoin journey, if it wasn't for a few Bitcoiners who gave a shit enough to welcome me in, I might have passed it by. Mad respect for my friends @dcbitdevs.


GM AND HAPPY FRIDAY🫡


I've seen a change and feel a little less angsty - for the time being. Seems as if the enemies of what Bitcoin stands for have realized that fighting this movement ahead of an election is the wrong move. They haven't changed, this is just politics. But it shows that even Bitcoin's enemies are seeing the coming wave of adoption. But stay frosty friends...the battle is still on!


GM!

THE FEDERAL GOVT IS CLOSED DUE TO SNOW TODAY. WE ARE SAFE.


GOOD DAY TO YOU!

MOVING SMARTLY!
https://m.primal.net/HXpe.jpg


Any that avoid putting you on any US airline...


Slick!


I'm a DCA guy, very little demonstrated ability to read markets. But I stacked a few extra sats at $42.6k outside the DCA.

Hell yeah I did.

Hell yeah.


People toss around numbers -- dollars are used to settle 65% of all global transactions , or whatever the number is. Fine. But what they miss is that countries representing more than half of global gdp are actively building parallel, competing payment rails outside the dollar system, especially in commodities . And it's like we don't even see it coming. In my lifetime, we were bettet than this...


so...I had lechoncitos al horno aka marinated pork tonight with sangria. Really appreciate your work...but I think I win.....


I'll tell y'all ...the grind is the grind. 2024 is going to be a great year, 2025 likely better. Maybe I feel the grind because I know what's coming at us this year. ETF is great, adoption is amazing. and we have to enjoy these moments. But there's more to come, the beast isnt going to roll over that quickly. Stay frosty, friends.


I will try.


GM🫡

TODAY IS THE FIRST PAGE IN NEXT CHAPTER OF BITCOIN'S EVOLUTION. WE MIGHT NOT LIKE ALL OF IT, BUT IT'S COMING!


Won't stop the finance bros from talking trash about orange pills at brunch in lower Manhattan on Sunday!


GM - ANOTHER DAY IN CLOWN WORLD!

NOSTR WILL PUMP ALONG WITH BITCOIN ADOPTION.

THIS IS THE YEAR.


GM!

CAPS ALL WEEK!  TRADFI COMMENTATORS REFERRING TO THIS AS THE BIGGEST ETF EVENT SINCE GLD.

I'M NOT ALL ABOUT PRICE....BUT HIGHER IS CERTAINLY BETTER THAN LOWER!


Goonies????


HENCEFORTH!


Like clockwork, several friends have hit me up regretting they didn't buy sub 30k when the fundamentals had clearly shifted. It's remarkable watching the predictable manifest itself. So instead of just all of you, now they gotta fight Wall Street for sats.


GM🫡

Big, big week...in Bitcoin and beyond.


excellent read, appreciate your work!


GM 🫡

2024 is starting to look pretty trippy....


anywhere you have access to water and firearms.....


Rewatching The Breakfast Club. My condolences to those of you who missed the 80s.


You do great work. It troubles me to see that ostensible adults have so much contempt for their children and grandchildren. The narcissism inherent in this is staggering.


Matrixport is about as far away from the decision makers that is possible while still being on the same planet.


I was a little later than you, but thankfully, no meme worthy noobies. We'll see what the rest of the week holds!


You have certainly earned the title of the Patron Saint of Nostr, living by setting the example.

Happy New Year!

and GM🫡


You're a good man Odell, and a great leader in this space. Wishing you and yours a happy and healthy 2024👍


2024 is going to be a pivotal year. Be ready.

GM🫡


2024 will be the year that makes it clear that we’re not going to vote our way out of the problems that exist in the world. We’re going to have to build our way out.

Next year more people than ever will realize that bitcoin is a solution worth working on.


@fedguy aka Joseph Wang is still the best guy out there to follow for Fed watchings. Don't think he's on Nostr, but he is one the accounts that still has me checking X.


GM! Time to start hoping for a good next year. Maybe 2024 is when I finally pick up stakes, leave the DC area, and move back to America.


GM 🫡


have you kicked it off yet?


GM! Look forward to it👍


Good morning! The price gods are giving us a good oopportunity to do some stacking before year end. Put some of the Christmas cash to good use for you and your family.


GM!

Once this rocket lights, all of these types will again emerge from the woodwork to try to take the newbies money. Keep speaking truth!


GM and a very Merry Christmas to you and your family as well. 🎄


Been waiting on the Strike merch for a while. And then you drop the latex.

Not bad👏


GM🫡

Humble and strong. And still stacking !


GM🫡

If someone has to try to convince you something is for your “safety and security,” know they are full of sh!t. Few other words have been used as much to abuse your basic liberties.


Am I the only person worried that the inevitable result of near term ETF approvals will be medium term discussions among these emerging tradfi whales about the need for “governance” in Bitcoin ?


INFLUENCED BY NOSTR


This is an interesting piece. I think people are coming around to the risks of extreme financialization of Bitcoin, both in terms of the iintegrity of the pprotocol as well as the realization that this financialization is precisely why we will see ETF approvals. The establishment knows exactly how and where to attach the collar and leash to securities such as ETFs, and thus tthe underlying aaset. Once these ETFs are fully liquid, rumblings about protocol “governance” will soon follow.


GM!

If recent events haven’t demonstrated clearly enough the importance of freedom tech, you haven’t been watching. And if you’re worried about return on investment, rest assured everything these guys build will be battle tested in the not too distant future.


The Master of Memes!

I’m still calling La Boume your best ever!


nostr:note1pa6tmqx4njxs7dd77zmaflqkq57wp9sdw6zgx3r0903texw3qc2qw2axvu

Just finished up lunch downtown with a friend who is involved in this legislative and regulatory slugfest every day. 2024 is going to be a banner year for Bitcoin, but making sure the US remains a welcome home for Bitcoiners is going to fight. Enjoy the holidays, rest up, and come back in 2024 ready to join the fray!


As we all prepare to scatter for the holiday, a few things for Bitcoiners to chew on over the holidays. 2023 has been a milestone year in Bitcoin's relationship with politicians and regulators. I think the most significant development on that front has been the pulling back of the veil of the lie that establishment concerns about Bitcoin had anything to do with concerns about people's safety or welfare. Consumer protection, scams, etc had little if anything to do with why the establishment expressed concern about "crypto." The only "crypto" that ever sent shivers down the collective spine of Bitcoin’s opponents in the financial industry establishment, their allies among the regulatory class, and proponents of state domination of your financial life was Bitcoin. Buy Shiba Inu or Dogecoin, the same people who sell you lottery tickets don't care. But Bitcoin - teeth chattering shivers.

2023 also brings an end to the belief, or maybe the hope, that this opposition somehow resulted from a lack of understanding of how empowering Bitcoin could be for the communities these politicians claim to work to help. There remains an important role for education of policymakers and legislators, but for Bitcoin's most irreconcilable opponents, it is in fact their good understanding of the protocol that makes them irreconcilable. The desire to control, surveil, and punish is deeply ingrained in the ideological DNA among a certain cohort in Washington. Financial privacy died long ago, now what remains is to perfect financial control. No place for Bitcoin in that world.

Money laundering. Do some money launderers use Bitcoin? Yes. Do almost all money launderers use banks and other regulated financial institutions? Yup. Has reporting everyone's $10k deposits stopped money laundering? Nope. Is a transparent and immutable ledger a good choice for concealing and facilitating illegal activities? You get the point, all standard pretexts for putting you on a shorter leash. BTW - the initial $10k reporting requirement in the BSA inflation adjusted from 1970 is about $77k, thus netting more and more transactions every year. No legislation needed. Clever.

Another challenge Bitcoin will face in 2024 is the growing threat of extreme financialization. This concern is increasing my skepticism of coming ETF approvals. Only a fool would doubt the ingenuity of the financial industry when it comes to finding ways to make money, regardless of the qualities of an underlying asset. Furthermore, the establishment knows how to deal with ETFs, they represent levers of control over markets trading a given asset. I fear that Bitcoin will not be an exception.

A lot of challenges. Yet despite these, a word that comes to mind to describe the Bitcoin community is resilient. Relying on this resilience, I think there are three things Bitcoiner's need to focus on in 2024 if we are to protect the integrity of this protocol: adoption, freedom tech, and engagement. This community already excels at the first two, builders and advocates who deserve credit for the strength of the community I feel a part of today. By engagement, I mean political engagement. There are a lot of people here in Washington doing a great job fighting legislative and regulatory battles, a daily grind most Bitcoiners would never know was being fought on their behalf. But what we need now is for Bitcoiners to let their representatives know we are here, in their districts, and will hold them accountable come election day. I'll share more thoughts on things I think we need to start doing now.

Finally, this is a community, and we're fortunate to have some incredible voices educating us on the full breadth and depth of Bitcoin. Engage your fellow Bitcoiners who have a louder voice, tell them what you think, and help put your mark on this movement. After all, we're all in this together.
nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a


GM!

Also fortunate, optimistic - but also prepared.

2024 gonna be a crazy year!


Maybe true, but that whole sordid tale showed what’s behind the curtain in the mind of the anti Bitcoin crowd in DC. All of SBF’s besties in DC are the ones now attacking self custody. The really remarkable thing about DC is that most of them haven’t even returned the contributions, and absolutely nobody gives a damn. Important to know what kind of fight you’re in. (Hint - not a clean one)


GM ODELL!

To the contrary, I think the true importance of what you’re doing will only be fully realized as we enter this next phase, with regulators on the hunt and big speculative money waiting to jump in. The best ways for the integrity of Bitcoin to withstand the coming wave of financialization are adoption and freedom tech. I dare say you have good claim to be one of this community’s leaders in both. 🙏


Merry Christmas…..? 😥


May Santa treat you and your family well this year!


GM!

2024 is going to be the year for Nostr and freedom tech overall.


THE EASY WAY IS TO SCAM PEOPLE.

FUCK THAT SHIT. WILL TAKE THE HARD WAY SO I CAN LOOK MY CHILDREN IN THE EYE AND HONESTLY TELL THEM I DID MY BEST.


My last on chain transaction was on October 29th, for which I paid a $.35 fee. Never again!


As the debate over the future of privacy and individual sovereignty starts to heat up this year, it’s always important to understand who is working for whom.
https://m.primal.net/HUCZ.png


Elizabeth Warren is up for reelection in 2024. Despite being in a very safe seat, her friends on Wall Street are still stepping up.
https://m.primal.net/HUCQ.png


In a world full of bullshit, we’re grateful to have something that isn’t!

Keep stacking for your kids.

GM.


GM and happy Nostr Friday!


GM to you!


I’m sorry…who did you say will never be Treasury Secretary????


That made my day!


I think we need to start  a serious discussion about how to respond should proposals such as Warren’s gain momentum. The hand of the state can be very heavy, and there are segments of the anti Bitcoin crowd who enjoy nothing more than the throwing around the hammer of state power against people they believe are heretical. I definitely do not think that “boating accident” should be the only default way forward. Bitcoiners might have to more seriously start participating in a process I know most find distinctly nauseating….politics. There are some good people involved right now, but more is needed.


I’m going dip my toe in the mining pool with a Bitaxe running with Ocean.

The Citadel Dispatch discussion with those guys was great.

Get into mining for $200. Pretty good deal.


GM….will be there🫡


With very few exceptions - and the US is definitely not one of these exceptions - people have the government they deserve. Thus, you get what you deserve. And the tragic part, we’re actually asking it.


This discussion, like so many you and others host in this space, really highlights the depth of the intellectual bench in the Bitcoin community. I readily accept that well-meaning people can be skeptical about Bitcoin and the revolutionary discussions about the nature of money it provokes. But try as I do to steelman the opposing arguments, there’s just no there there. Flippant cliches and tired apologetics about crime and terrorism, as if these didn’t exist at scale prior to 2009. But we know this isn’t a fair fight..


You had me at “fake diversity job.”


GM! Time to jump back onto the great fiat liquidity roller coaster!


nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z This was a tremendous discussion. Thank you nostr:npub1tm2048gau5mp8u5kfnxk68y7wzzpv5ggpuluqmhlhrtaldl49kzs7elpna for walking us through your thesis. This is next on my reading list!

I forced my teenager daughter to listen, and now she’ll be using the basic thesis as a government project for school.


Work is interfering with my #Nostr time today 😫


Welcome 🤗


GM! Going to be a great day!


Imagine if we somehow normalized Bitcoin as a fundraising tool for political campaigns, you’d see formal adoption balloon!


Good good morning to you.


You should come attend a DCbitdevs event in 2024. A great group, probably a different focus. In addition to the dev talent, there’s a good group of bitcoiners who are deep in policy and everything DC related. You’d be a welcomed guest.


I’m spending twice as much time on #Nostr than I ever did on X. It is a lovey distraction.


Jim Bianco makes some interesting points, expressing concern that an ETF would expedite the fiat-ization of Bitcoin. Everything I see on the regulatory and now legislative side leads me to believe this is exactly why we’re seeing likely regulatory approval.


Most dogs leave you alone. Most healthy dogs greet you. Scared and injured dogs bite.


And the nasty little rub is that only otherwise law abiding citizens will get caught up in this. Kinda like gun laws in Chicago.


Rather than engage in violent combat, I would offer that “This Is Your Night” by Amber is also a juggernaut of 90s dance.


GM! Reporting for duty 🫡

Day 3 X free!

#nostrmaxi


This keeps Elizabeth Warren up at night……

So keep transacting!


Agreed, I think the Liquid model is starting to demonstrate its advantages. I am concerned about how the Beast in DC will react to the federated model if it gains traction. The mere whiff of anything “custodial” triggers instant bloodlust. The great team at Blockstream should start considering this possibility and how to address it.


I think people are coming around to the fundamental truth, Warren and those like her do in fact understand Bitcoin. It was easy to fall back on the hope that if she understood how empowering it was, she would change her mind. But here we see the ugly truth of it all - she and those like her hate Bitcoin because it is empowering. It offends their authoritarian impulses. Listening her pretend to care about safety and security - the modern justification for all transgressions of our basic liberties - is just vulgar. Fair to say many policies she supports have ruined or ended far more lives than any bitcoin transactions ever could.

Watching her and Dimon seemingly congratulate each other as one tried to outdo the other was emblematic of this.

Most Normies will watch this debate with disinterest. But what they’re watching is a representative of the worst parts of the system lash out against anything that threatens those worst parts. And those worst parts harm all of us, whether or not you own bitcoin.


There is great societal and political risk in trying to outlaw things otherwise peacefully owned by law abiding citizens. It creates a damaging chasm between citizenry and government. I fear our political class has forgotten this historical truth.


Did I hear someone ask about a fiat debasement hedge? Smart tradfi people are also starting to get it. https://image.nostr.build/44d29cbec16720679cf8604e6503a5a18df7e7dc3a24f6914a0c22c0f6b74b11.png


nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx Cheers! 🙏


If you have conviction on a core thesis, these drawdowns are gifts to buyers. My father is a long-retired Wall Street vet, and always told me - if you like something at X price, you should love it at X minus 10%.


GM! Those sats got just a little cheaper overnight. Enjoy while it lasts!


Happy good morning to you!


I mean, he does know what a failing chain looks like…..
https://m.primal.net/HTQM.jpg


And a good morning to you, sir🫡


I’m up!

GM.


Touché.


Maybe I just hate my VW….😉


In case anyone forgot….. https://bitcointalk.org/index.php?topic=5476162.0


Imagine a world where an archetypal Bond criminal somehow gains influence over governments and leaders. It’s almost farcical.


There are assets and liabilities. Most assets are unassuming, liabilities tend to be flashy and appeal to our high time
preference. That monster epitomizes the latter….gorgeous as it is.


Enthusiasm is growing, I see it in engagement. And I also see an increase in non-Bitcoin related content, which I think is healthy for the ecosystem. I think platforms like #primal will increasingly help make that happen.


Not to sound discriminatory, but Peru has the best food in Latin America!


Hillsdale College has some amazing online courses available for free. Lectures are about 30 minutes. A tremendous resource.


Excellent discussion between nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx and nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr about #primal. After having been zap-strated by Apple on Damus, up and running with #primal. It rocks. 🙏


Thanks to The Newsroom in DuPont Circle for helping g bring the Bread to the DMV. Very nice work on this inaugural issue. #GetyourBREAD https://image.nostr.build/7de65b2e1bc35f7a16f23ff882ab8261adaa0039759e626e64fc29715dcabc1d.jpg


And voila ladies and gentlemen, bumpy as the road might be, this is how we win - with truth. I’m continually sturdied by the depth and overall humanity of people I’m fortunate enough to come across in this space. Thanks for sharing.


This is the moment! For years the narrative was they had no issue with Bitcoin, that it wasn’t a security, that their concerns were about protecting innocents from fraud. But that narrative was the fraud - Warren and her ilk understand Bitcoin better than they were given credit for, and that’s why they’re coming after it. They don’t give a damn about Dogecoin, Shib Inu, whatever. Sturdy yourselves, this has just started.


Read it & take action.

nostr:nevent1qqs9y6xyyvh2s3xkztjm99j2tmxnuctpacpsw83zzxc6t5tq5wpsh0qprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqgsg2zqd8wkhpnxu6lm5c2dyfa2mhpwte57apjae2ldp6g2mmwf3ypqrqsqqqqqpazw0l7


I think Bitcoiners often make the mistake of dismissing BS like this by assuming the speaker doesn’t understand Bitcoin. But the reality is a lot of these people understand it quite well. They’re just straight up lying, no shame, no dignity, just peddling whatever they think will help them keep a choke hold on the financial system.


i shit you not, i popped over to bitcoin twitter the other day to see if they were freaking out about the current bitcoin price action and i saw a few people discussing nostr and how they hated nostr, because everyone was so nice here. they said they hated the positivity and the Kumbaya feeling. some people are so used to fighting one another that they have forgotten that it's okay to be nice and friendly humans too.


How will Bitcoin Talk respond when governments try to ban self custody?

nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc


Each stage has relevant actors and contributors. Bitcoin Talk just relegated itself to insignificance. #Nostr is the future.

https://bitcointalk.org/index.php?topic=5476162.300


I’m wondering why you even posted this. Clearly it’s all your fault. Duh.

Or, witness the level of intellectual depravity that passes for clear thinking in some corners.


Messing around with #primal. Kinda cool!


Posting on Nostr just feels….sweetly contrarian. Love it.


Credit Suisse cost the Swiss taxpayers roughly $10 billion. I guess the question is whether UBS is existential for the Swiss banking system? My money says yes.


The system is not going to allow ETF approval and significant institutional adoption without first trying to put this industry on a leash. Kudos to all everyone building to fortify Bitcoin’s walls against the coming waves. I don’t think they care at all about Ethereum et al. Bitcoin and stablecoins. But what does one do? Tether owns a lot of Treasuries…USDC is an aspiring cbdc…and Bitcoin is Bitcoin. So your advice is sound….become unruggable!


Regulation by enforcement is laziness, symptomatic of a system that is entering decadence. But the rest of the world continues moving forward with purpose. The US must do better.

https://www.ft.com/content/39f10121-29ac-4b66-b364-c15bf62e0be9


My dream is to become a one car family. Luckily I have managed to avoid tying the car I drive to my identity and sense of self worth.  Nonetheless, I look at that second car and all I see are sats I don’t have, floating around out there just beyond my grasp. Still working on convincing the wife….


mostly likely wallet of satoshi spoke to a lawyer that told them they could reduce liability by removing the app from US app stores

if you have significant funds on wallet of satoshi you should transfer them to a self custody wallet

to the gents running wallet of satoshi: please don't shotgun kyc people, try your best to unwind it responsibly


On Thanksgiving Day? Monstrously rude and uncool.


I had 2000 sats from my THNDRGAMES efforts. Can’t retire on it, but I wanted it! I was still able to withdraw to a Phoenix wallet.


So, I tried talking about Nostr at Thanksgiving dinner. I think everyone was relieved it wasn’t Bitcoin. I have some work to do on messaging….


Me too.


Interesting write up from CME Group, pumping institutional interest.

https://www.cmegroup.com/newsletters/excell-with-options-report-from-rich-excell/excell-with-options-report-from-rich-excell-2023-11-21.html?utm_source=marketing_cloud&utm_medium=email&utm_campaign=excell_with_options&utm_kxconfid=vpwpdpbbo


Ah, what do you have planned??? 🤔


For the US to maintain global leadership, it needs to revert to its historically most potent soft power tool - liberty. But to do that will require an acknowledgment that the concept of liberty is no longer fixed in America’s popular imagination. One example of many, the discussion about the future of the financial system and Bitcoin’s role in it should not be left to regulators and bureaucrats to decide, as these are all temperamentally inclined to increase their influence at the expense of the rule of law.

China’s mercantilist approach toward the world and authoritarianism at home would not be able to compete with a United States that truly lived its historical purpose of protecting liberty and allowing its people to pursue their lives according to their own will. The US fundamentally lacks the tools to beat China in a race toward better economic and social planning. But a country that embraces liberty and encourages citizens to unleash the power of their ambitions will beat a five year plan every time. And what better tool to empower those citizens than Bitcoin.


“Eat the Rich” on Netflix about the GameStop pump was worth the 90 minutes.


Amazing to think that two US presidential candidates took the time to chat with a British guy about magic internet money. Fair to say that Bitcoin is winning. Congrats on snagging those interviews.


I think most Bitcoiners are too busy leading productive lives to engage in what counts nowadays for civil disobedience. Modern day civil disobedience is a farce, with practitioners comfortable that the system paradoxically supports their disruptions, such that this so-called disobedience brings with it no risk and thus, no moral impact.


“Laissez faire means: let the individual citizen, the much talked-about common man, choose and act and do not force him to yield to a dictator.” - von Mises. #truth


tftc.io has some tremendous content, glad I found it! Appreciate your work👍


Trying to use Nostr more or spend less time using “the other one.” Once you get the hang of it, it’s a much better, more focused experience….not to mention the benefits of being part of a new and better ecosystem. Takes some practice and patience, but it’s worth it.


It’s difficult to imagine that LockBit, a largely Russian crew, would feel empowered on their own to hit a very sensitive Chinese target, which also happens to be the largest bank in the world….


Industry is attributing the ransomware attack to LockBit, a largely Russian crew. Embarrassing to Russia if a Russian crew hit such a sensitive Chinese target, ICBC is the world’s largest bank. Of course things happen, but that just seems odd.


GM 🤝


There are two very basic actions that, as you consider them, seemingly become acts of resistance - signing a bitcoin transaction and using Nostr. You don’t expect to get a buzz from something as simple as opting to post on one social media site vice another, but when you consider these tiny acts of noncompliance, well the buzz gathers a bit of sting. I know there are a lot of people out there predisposed to enjoying that buzz, people who just want to claw back a little bit of themselves back from the Borg.


My father is a long retired Wall Street vet, whom I not only love but also deeply respect. He asked me not long ago whether I was committing the investor’s mortal sin regarding BTC…falling in love with your investment. What followed was a long discussion, really the first time I walked him through my thesis and why I believe. It was a great exercise because I’m not looking to orange pill him, but there’s something about having explain yourself to your father (regardless of age…) that puts things in sharp focus very quickly. When he finally told me, “You’re probably right,” I kinda felt like I had arrived at next level Bitcoiner status.


I agree with your premise. A lot of Bitcoiners will hate this, but the price action over the last month has been driven by ETF expectations. I don’t think new buyers are thinking about the halving. Although the institutional research that has driven this push toward ETF approval certainly took timing into account, new money only sees “Blackrock buying” over the next few months. But that’s fine, impact will eventually catch narrative.


Well said!


Hence the hatred of Bitcoin in general. The regulatory class in DC reflexively doesn’t like what it can’t control. This is another reason why we are way past the financial privacy discussions of 10-20 years ago. In the current system, financial privacy is simply unable to exist. There is none.


nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z

https://image.nostr.build/5bcae860157da3b232851d1506fc667dafebe6b881a46f5939c0b0c0ce279bbe.jpg


Appreciate the update! Will continue waiting patiently…..


But I feel like that number gets just a little smaller every day!


Any updates on the book delivery date? In time for Christmas???