I put $10 per day into Bitcoin and an equal amount into a dividend growth strategy that is growing my revenue stream by 60% per year. Bitcoin is the future, but unless we are miners there is no revenue stream so once we stop working how do we continue to buy Bitcoin?!
I one tried to talk about my strategy here on Nostr, but I got yelled at. so meh.
Nothing. It's all hype. What we need to build are bridges to allow people to connect their accounts on Bluesky to their Nostr npub accounts, and then just let the traffic flow. All roads will eventually lead to Nostr.
the whole objective of Nostr is to be the base level protocol under multiple apps, right? so build the bridges so that any post, from anywhere goes everywhere. thanks to: Nostr. people will know how and why that works, and thus my phrase, all roads lead to Nostr. people will eventually stop thinking about the apps, except for how they connect to Nostr.
Their market cap is $12.44M, and they've lost -82.79% over the past 12 months. Their last major action was a reverse stock split 1:10 on August 16th. I'm surprised their still around...
Good luck with this, I don't see it.
Found this video talking about bio-region regeneration, and the parallels between what these groups are doing and what the Bitcoin community is doing with the landscape being our monetary foundation as an alternative to Fiat are just amazing.
https://www.youtube.com/watch?v=dTmxobmttjE
Thankfully Strike takes care of that for me. Still exploring the best way to actually self-custody. Right now it's complicated, but I'm sure I'll find something that works well by the time I retire.
Absolutely. And this is why I object to both businesses (Microstrategy) and governments (El Salavador) just buying and holding Bitcoin. It only becomes powerful when it moves.
When did the fee for automatic purchase in Strike go to zero? It wasn't zero when I started, so I've been adding a 0.05 fee for every transaction in my records, but today I see that there is no fee. I'd like to know how far back to update my data.
Saw someone posting a wish that they were in a different timeline, and I had to sit and think about it for a while. It seems like that very often, but I've looked at some of the other timelines I could have gone down, and in spite of everything (AND THERE HAS BEEN A LOT), I think the one I'm in right now is the best one and is the one I would choose. The family I have now. The true friends that I have around me now. This community. I think we can make it through whatever is coming, and I'd rather be here than anywhere else in the multiverse.
Pay Federal employees with Bitcoin.
Allow taxes to be paid in Bitcoin.
Send Bitcoin to the States.
Track Government revenue and expenses with Bitcoin.
There are so many things that could be done that would help more than just letting it sit in a wallet.
I've tried (from Seattle) to encourage people in the refugee camps, and the problem is NOT education or a lack of understanding. It's simply that internet bandwidth is nearly impossible out there. And SUPER expensive when it exists.
Because one of the most important measurements of money is velocity, we want capital to be flowing, moving from place to place being used in transactions. If the USG just sets up a wallet or set of wallets and tries to fill them with as much Bitcoin as possible, it will decrease the supply available and that will likely boost the price, but that's the ONLY thing it will do. That helps people and institutions that already own Bitcoin by strengthening their balance sheets, but it also makes it harder and harder for people who have yet to join the network to buy in and participate.
A Strategic Reserve is FIAT thinking. We did that with Gold because we issued paper currency or bonds that was backed by the gold at a set price, and for a physical material that required storage and was expensive to transport and utilize that made sense. But that's not the reality with Bitcoin, it costs just as much to store 0.001 BTC as it does to store 1,000 BTC. And I do NOT want the government to issue paper currency "backed" by Bitcoin because I won't be able to trust it.
I want Bitcoin to be USED by the government, not just shoved into a wallet. I want it used internally to track capital, from the Taxes that are raised to the Expenses that are paid. I want every department and office of the Federal, State and Municipal governments to track balanced budgets and support real efforts to secure our infrastructure, provide a foundation for our legal systems, ensure that our financial rules are followed and hire contractors to repair and build new physical infrastructure for our utilities and transportation systems that are far more efficient than what we have now.
Wealth and income inequality is something that we should be aware of, and it will get worse if we make it harder for people who live paycheck to paycheck or even credit card payment to credit card payment to get onto the new Bitcoin train. The only way to make it really fair would be to let the value of Bitcoin get to $100,000 and then LOCK the USD to Sats exchange rate at 1000 sats per dollar. But that's not going to happen. Maybe when it reaches $1M in BTC price we can revisit, but I won't hold my breath. Just increasing the fiat exchange rate by holding large amounts in a Strategic Reserve will help the people who already have Bitcoin. I'm thinking about everyone else.
The US Dollar isn't going anywhere. Even Putin in Russia came out after Trump secured his victory that Russia would not stop using the US Dollar for international trade, something that is honestly very good for the US. The less we can see divisions in the world, the better.
The government is going to do what the government is going to do. It doesn't matter what I think or what objections I have. I just wanted to put them on the table. Fiat thinking is where most of our real problems come from, and I'd love it if we stopped thinking in those terms entirely. But that won't be for another few decades.
The only one that I can think of is UseNet from the late 80's and early 90's. Everything else, including MySpace, was what I could consider corporate social media.
I can feel the walls of the silos coming down, and that's a really good feeling.
And do what with it?
My problem with the idea of a Strategic Reserve is that the money doesn't do anything. Sure it helps push the price higher, but that only helps those of us who already own it. It makes it harder for everyone else to get it so they can join the party, and it doesn't help anyone.
What would be much better is if the bill required that all Federal Government agencies spend their excess capital at the end of the fiscal year to buy Bitcoin at market price. Or that Federal Government Employees had the option to be paid in Bitcoin. Or that State Governments are encouraged to also accumulate and use Bitcoin with any and all budget surpluses. Or ...
There is just so much that needs to be done, and spending tax dollars to make "number go up" is sort of a waste.
I don't think he was paid off, I think he was threatened and he bent the knee because he didn't have a choice. I was there, in Philadelphia, in 2016. I know how that system works. It was ugly.
I would love the ability to import my full social media history from all of the other services, and have it appear in Nostr like it had been there the whole time. We can request a download from FB, X, and the others, we just need a way to upload that archive to a script and have it spit out the Notes and Other Stuff with a timestamp to when it was originally posted.
The people there need capital and a means to build an emergency market for goods and services like clothing and health care. Best thing "government" could do is back off and let the people build. If there's anyone from Valencia on Nostr, please tell your story so we can get a first hand account. Zaps waiting.
The only way it makes sense is if they buy until $1.00 = 1,000 sats and then LOCK the value of the US Dollar to Bitcoin. Then it would mean something.
If they just buy to buy and hold, it helps the price but doesn't help the country much.
Anyone can access IPFS content via the web. Anyone who wants to help host can download IPFS Desktop for free and copy/paste the CID's for content you want to host. And you can upload ANYTHING.
Running raw IPFS software is way too complicated unless you're super dedicated. But IPFS Desktop just runs in the background and the interface is crazy easy.
It's probably not perfect, but what is. What I found is that storing and sharing files on my system alone made it visible to me within my home network, but not easy to find from outside of that network. Especially with a large video file, it can take some time before it starts to load for anyone else. I'm sure that could be improved somehow, but that was also a few years ago so maybe it already has. I use IPFS storage for some things, but less than I did because I'm not actually trying to store and share large files with others right now. Maybe I'll get back into something that is more of a motivation.
But whenever I see someone trying to share videos without going through the corporate server systems, IPFS is the first thing that pops to mind.
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