Los políticos de la nueva era solo saben llamar fascista a quien no comulga con ellos, han prostituido la palabra, ahora carece de significado, al igual que otros términos como racista, homófobo, machista, antisemita, nazi, etc. que usan para desacreditar la contrario.
Protegeros de estos parásitos con #Bitcoin, que no puedan financiarse creando dinero de la nada, que no puedan confiscarte tu riqueza y en la medida de lo posible intenta evitar pagar impuestos.
https://m.primal.net/LDdB.mp4
There is no point in bitcoin being censorship-resistant and distributed if the code is not.
- they can censor the repository because it is in a centralized service.
- They can censor, coerce, imprison and kill developers because many are not anonymous and use a centralized service.
The code is as important as the executable.
Make the code also uncensorable and distributed.
you are misunderstanding me, we are talking about the software repository where bitcoin development runs.
The software repository is github which belongs to Microsoft, Microsoft can cancel the repository whenever it wants, Microsoft can provide the ips of the developers to the authorities, etc.
The New Deal (1933-1939) is the era that marks the end of the United States as a capitalist nation.
December 23, 1913 was the beginning of the end, the day the Fed was founded.
There is nothing more communist than a central bank.
Ask yourself about all the events that followed.
Great interview with Michael Howell, one of the men who best understands the phenomenon of global liquidity.
Highlights:
- Global liquidity drives the markets
- Markets rollover every 5 years, creating 65-month liquidity cycles.
- Every 7 years global liquidity doubles (this is increasing).
- Gold has a 1.5 multiplier against a 100% increase in global liquidity.
- Bitcoin has a multiplier of 4.5% versus a 100% increase in global liquidity.
- Importance of the MOVE indicator that measures the volatility of the US bond system since the real mission of the Federal Reserve is neither to control inflation nor to protect the labor market, the real mission of the Federal Reserve is to keep the bond system stable, i.e. with low volatility.
https://www.youtube.com/live/EEU7Th4oBiQ
I have been emphasizing for many years that liquidity is what moves the markets, now I am seeing that many are beginning to realize it, in the same history of my posts you can see it.
If I had to explain the phenomenon, I would say that the FIAT system evolves and goes through different phases.
When the gold standard was abolished in 1971, for example, technical analysis stopped working, technical analysis tries to predict the behavior of prices but prices from then on were dictated by interest rates and interest rates are dictated by a hidden oracle of people, this can not be predicted, simply assets began to follow the price of money, the price of assets began to dictate the central bank.
From 2008 onwards we entered another phase, where the balance sheet of the central banks became more important than private credit.
In 2022 we enter another phase, where interest rates no longer matter, only liquidity matters, which is no longer linked mainly to interest rates.
We could say that we have moved from a more “predictable” system where fundamentals and technical analysis could work, to a system where asset prices are largely influenced by monetary policy decisions, central bank balance sheet expansions and liquidity flows which, in this last phase, seem to be decoupled from traditional interest rates.
This is the picture of where we are.
The liquidity of the dollar system is stable at the moment.
Liquidity in m2 is rising, mainly due to the Chinese central bank.
US bond system balltility remains huge.
Things we are waiting for Bitcoin to turbocharge.
The liquidity of the dollar system increases, in this case the equation has three factors as I mentioned above.
Fed Balance Sheet - (TGA +RRP)
The bond market balltility (move) decreases among other things because of the ease of bank credit.
My friend Fiat, you have little time left.
https://m.primal.net/LCew.png
I love Arthur Hayes' analysis.
I excerpt this chart from his latest analysis because it is just great.
The green line is the Federal Reserve interest rates.
The white line is the MOVE index which measures the volatility of the US bond market. I love that you have exposed this index as it is one of the few I use. The MOVE index is important because we can measure through it the liquidity of the dollar system. A high bond market volatility, high MOVE, can indicate lack of liquidity, on the contrary, a low MOVE is synonymous with liquidity in the markets and stability.
For Bitcoin to rise the perfect storm is:
Liquidity in the dollar system (Fed Balance Sheet - (TGA +RRP)) + rising global m2 + falling MOVE.
Now comes the good stuff. The next indicator that the chart incorporates is a combination of excess bank reserves held at the Fed and other deposits and liabilities, the ODL which as Arthur indicates is a good indicator for commercial bank loan growth.
Unfortunately this indicator is only found on Bloomberg terminals and is key to bitcoin growth as it can measure commercial bank lending which is the other important leg of money creation, although such growth is included in the m2 (as loans end up in deposits or bank accounts), it is not isolated.
What Mr. Arthur explains is that the dollar system needs low volatility in its bond system in order to be saleable and to be able to finance itself, that leads us to need to print more and more money each time.
As you can see, from 2008 onwards the previous story gets smaller, the amount of credit needed to stabilize the system (low MOVE) is brutal. Again in 2020 we move up a level, and now in 2024 we find ourselves with high MOVE volatility that has to be reduced to stabilize the system.
We are on the verge of another Brutal money printing.
https://m.primal.net/LCeV.png
Interest rates no longer matter, what matters is liquidity, Bitcoin is a proxy for liquidity, if you notice, bitcoin has risen with the highest interest rates in the last decade because while interest rates were rising money was being injected with the BTFP bank bailout program.
Microsoft is advising IT managers who use WSUS to switch to Microsoft’s alternatives, like Windows Autopatch, Microsoft Intune, and Azure Update Manager. These all happen to run in the cloud, giving up that control WSUS provided by running locally, and they’re not free either – they’re subscription services, of course. I mean, technically WSUS isn’t free either as it’s part of Windows Server, but these cloud services come on top of the cost of Windows Server itself.
Nobody escapes the relentless march of subscription costs.
https://www.osnews.com/story/140796/microsoft-deprecates-windows-server-update-services-suggests-cloud-services-instead/
I like the AdGuard home solution better, it's like Pihole but with integrated DoH, with this you also prevent your isp from snooping on your dns queries.
Librewolf and mullvad are the two browsers that give more score in privacytests.org.
On the other hand chromium has been detected telemetry on occasion and also brave, I do not like the shitcoin of brave.
Here is my eco-sustainable car that complies with the 2030 agenda (now 2045, what bastards) and is lgtbi+ultra*ultra*mega^hyper
https://m.primal.net/LBoL.jpg
- promotes Bitcoin spam
- promotes the vaccine
- promotes the ukrainian war
"If it looks like a duck, swims like a duck and quacks like a duck, then it's probably a duck."
https://m.primal.net/LAwy.jpg
True, it was my mistake and I will rectify it publicly.
But I still don't understand your position on certain things, and I don't understand why you are in Ukraine, I don't know what you have lost over there.
Sincerely I have always admired your work, although as I said I still don't share some things and maybe I don't understand them either because I am not in your context, however I appreciate your explanation.
I also take this opportunity to apologize if I have offended you, I am hot-blooded, I can not help it.
I just want to emphasize that we have a lot at stake with Bitcoin, the world sucks in many aspects, but it is also hopeful in others, and Bitcoin is one of those few things, let's take care of it.
Ukrainian war, objective facts.
- Russia has invaded Ukrainian territory.
- Ukraine has massacred Russians on Ukrainian territory for years (Dombas).
- NATO has reneged on its promises of non-expansion.
- The U.S. has used Ukraine to confront Russia and Europe, taking two pieces off the board, leaving it with China.
- The US through intelligence agencies has done everything possible to make the war break out, starting with the Maidan protests.
- Ukraine and the allies are using the same strategy that Britain used against Germany, rejecting all peace agreements and provoking an escalation of the war.
So the sad reality is that Ukraine is being used by the military-industrial complex and as a linchpin for the preservation of the status quo of the U.S. empire.
That Russia is the one who has invaded? Yes, but neither can we ignore the quite logical reasons to understand the conflict, and understand that there have been two parties interested in the war, we must also be clear that both Russia and China want to see the hegemony of the Yankee empire fall.
As with WWII, there can only be one left, Ukraine and its allies or Russia.
As an ordinary man there is little you can do, if you promote more violence in an initial state of war like the current one, that violence will end up in the opposite direction, against you, because it will escalate more and more on both sides until the annihilation of one of the two.
Really if you find yourself in a territory of war the only thing you can do is to leave, it is sad but it is so, do not enter into that game, material things are restored, life is not.
You have a very biased opinion, recently documents were published in Spiegel magazine showing a declassified document from 1991 where the non-expansion agreement is in writing.
Just by telling you that the United States is not an empire we have little to talk about.
And even if there was nothing signed, NATO is clearly expansionist and all NATO countries serve the interests of the United States, if this is not being an empire?
I am of a certain age, I want honest speeches, I don't gain or lose anything, just engage in a serious conversation.
Supporting a war whatever the side is the most immoral thing you can do, in war the warlords win, the warlords sell weapons and finance both sides, if you don't understand this you are retarded.
Stand up for humans, stupid.
And to all the “people” (if you are moderately intelligent you will know what these derogatory quotation marks mean) who say that I am not worthy to wear a Guy Fawkes mask because of my controversial opinions, I will tell you that I do not wear a Guy Fawkes mask because it is an emblem of privacy, but because I am ugly as hell.
https://m.primal.net/LAYq.jpg
This is the historical price chart of Monero with respect to Bitcoin, in the same way that in the Fiat, Bitcoin makes its upward movements in a few days a year, statistically less than 9 days. If you keep your wealth in Monero or Fiat, you have everything to lose because you will not hit those 9 days of upward movement.
Privacy is important, but preserving your wealth is important too.
For this reason I prefer to use techniques that maintain my privacy while keeping my wealth in Bitcoin.
If anyone can get the privacy of Monero while maintaining the value of their wealth, let me know, the rest is child's play for me.
https://m.primal.net/LAYE.png
Winston Churchill was a son of a bitch.
Many movies about concentration camps, but few movies about the bombing of Hamburg and Dresden, or little is said about the 10/14 million Germans who died after the war because of the Allied concentration camps and the conditions in which the Germans found themselves.
History is written by the victors, don't vomit what you were taught in school or by the disinformation media, inform yourself.
Maybe you don't believe me, but find out what General Patton said about the treatment the Germans received.
I only give you brushstrokes to make you think.
I have been involved in privacy, security, pentesting and virtualization all my life and more than 25 years of self-investment (trial and error), I consider myself an investor rather than a computer scientist.
I know something of both worlds.
I have used monero, believe me, I appreciate its technical qualities, I consider it a privacy tool, but I don't consider it a place to put my money.
Face it, I need private ways to spend my Bitcoin, not monero.
https://m.primal.net/KyyV.png
I like swaps but to be fair there are some things to keep in mind.
You have to protect yourself against the other peer (tor) otherwise it will know your ip.
Also the swap protects you very well against the chain analysis of a third party, but the other peer knows what you have done, depending on the threat model is useful or not. For a normal user it is more than enough, but not for a spy.
On the other hand, centralized atomic swap services such as boltz can be a problem because of the information they can collect.
This problem is mitigated by using decentralized atomic swap tools like UnstoppableSwap (btc-xrm) although unfortunately nothing like this exists for bitcoin.
A blind coordinator for example does not know to whom the mixed bitcoins go, if we add a good use of tor circuits (not the case of samourai) (wasabi does it better without being perfect) gives an almost perfect privacy beyond the statistical problem of correlation.
That is why it is important to consider the use case.
Today we continue to debunk myths about Lightning.
Many ignorant people appeal to the voltage documents, the attack by polling for the sender is mitigated using MMP and AMP, enabled by default in Zeus.
Even with Zeus we can mitigate the lack of privacy for the receiver through the LSP by using Invoice wrapping which hides the public keys of the receiving node.
The reality is that Chainalysis offers lightning service and they can't know anything we don't know. They can only know the node information generated through the invoices and correlate the payer information with KYC. But they still can't know which node the payer funds are coming from.
BOLT12 will substantially improve the recipient's privacy through blind routing.
The most obvious proof that chainanalysis can't do anything is that you can clean bitcoins from theft or coinjoins with Lightning and put it into an exchange.
It's all about understanding things and being able to use them to your advantage, everything has its use case.
Use cases:
- I have bitcoins coming from Coinjoins and I want to put them into an exchange without getting banned - Lightning.
- I want to send bitcoins privately so they don't know how many bitcoins I have (exchange) or can track me - Lightning
- I want to clean the trace of some bitcoins I received - Coinjoin
- I want to receive bitcoins anonymously - swaps
https://m.primal.net/KyyL.png
Another proof of Lightning's privacy in sending is that you can quietly put tinted bitcoins into the Exchange (if it supports LN), if that is not proof enough.
I already announced months ago that for this reason LN would be banned on exchanges.
And here I finish, you can crucify me now. 🙃
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