Ten31 Timestamp 830,861
courtesy of nostr:npub1g0eujuzgy06srs3sdanaytzq8adsd78d4g4p5xqtlue3d3q3v2mq6pl966

While the S&P and Nasdaq were down modestly on the week as investors digested a potentially longer path to central bank rate cuts, bitcoin ripped off another ~10% move up as net inflows to new spot ETFs accelerated to the tune of ~$2.5 billion. As price inflation proves stickier than hoped (even as measured by questionable official statistics), major pockets of traditional investment like commercial real estate continue to look more impaired, and central bankers worldwide say the quiet part out loud with growing frequency, we wouldn’t bet on this strong trend for interest in bitcoin reversing in the near term.

https://www.ten31timestamp.com/p/ten31-timestamp-830861
https://m.primal.net/HdSa.jpg


#bitcoin

https://image.nostr.build/2ace8a79ffa0d0dd2732a39ecd7bd6cb7ff0c1bb42f764cc5e08888eef91dbcb.jpg


this is great https://blog.zaprite.com/square-fiat-payments-now-in-zaprite/


This man died trying to be of service to Bitcoiners & Nostr users and the general public at the hands of the state.

Remember him. Distrust them all. nostr:note1rqumy40ky67hfenx9p43832ck77ca0zd7qlt3trl66csdf97g4usjsd2ms


Zap Notes. Feed Goats.
https://youtu.be/1cPeAwK49rg
#LightningGoats #CyberHerd


When you orange-pill one of your ride-or-die's.
https://image.nostr.build/0c32603b9d3c2d0211cfa77d371d46ad4ee203a26f938feb16adbf192896cd3a.jpg#m=image%2Fjpeg&dim=1080x1080&blurhash=UFNTzYj%5Bt7t74nayRjWB%7Eqoft7j%5B4nWBRjt7&x=9e7ab58343cda0673aa05a8294bd7c08bec6977859f422d0813d391b6f9d1934


HASHRATE IS RIPPING SO FEES ARE LOW.

NEXT DIFFICULTY ADJUSTMENT IS GOING TO BE A BIG ONE AND FEES WILL LIKELY GO UP.

NOW IS A GOOD TIME TO MANAGE YOUR LIGHTNING NODES AND UTXOS IN WALLETS.

https://www.discreetlog.com/utxos/


This week’s newsletter is out. Check your email or read it online.
https://newsletter.unlimitedhangout.com/2024-02-09-newsletter/


In 10 years from now (maybe sooner), people are going to look back at nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx casually zapping 1000 sats in utter disbelief.


how much corn did Lionel Shriver get donated?


because bathroom recordings are so 2017


RHR.com = REKT


lol Ramsey advice is 95% right, just too much of a statist/long CRE


lol


Diggity


I'm here for it ☕


So I see all these dragon designs in Bangkok for Lunar New Year. But not yet in #bitcoin design. Be the change ✍🤣🐉

#artstr #art #nostr #nostrasia #plebchain https://i.nostr.build/ddVD.png


RESPECT 🫡


“Sure, the citizens are no longer being murdered, raped, and robbed by gangs—and Bukele has the highest approval rating in the world—but did anyone ask the gang members how they feel about this?” — The Ecommunist

https://www.economist.com/leaders/2024/02/02/gangsters-in-el-salvador-are-terrified-of-strongman-nayib-bukele


“You can’t call it anything else. It’s just slavery.” nostr:note1x23zm8snttnjn64f6wadj6vearajh585qs0qdkc4cxtalxw43g5qtd53gp


The really sad thing about constant currency devaluation throughout the world is that it benefits those who have the most access to cheap credit at the expense of those who do not.

People on the lower end of the income spectrum in Egypt are generally dealing with cash. Their wages and savings get debased, and they own fewer hard assets, so they have fewer offsets. Their ability to buy imported goods diminishes, their ability to travel outside of Egypt diminishes, and their costs in general rise.

People on the higher end of the income spectrum in Egypt have access to foreign bank accounts and/or have multi-year domestic property loans, which are basically currency shorts. They mitigate the impact from the ongoing devaluation, or in some cases benefit by it.

As a tangible example, last year I took out a 7-year loan or currency short against the Egyptian pound, and used it to buy a villa that houses a 9-person extended family (7 when my husband and I are not there). The money supply goes up by 20% per year but my interest rate is 3%, which is an ultra-cheap long-term currency short. Within the first six months of the term, the Egyptian pound was already cut in half relative to the dollar. Who knows what the exchange rate will be over the next 6.5 years.

The past four decades of global Fiat World have been like a game of Blackjack. In Blackjack, you try to get to 21 without going over. In Fiat World, you get into a position so that you can take out low interest debt and buy scarcer assets with it, and you do that as much as you can but without going bust in a downturn. The major governments can do that the most. The big banks are next. The big funds and asset managers and public corporations are next. The wealthy individuals are next. Then the middle class, and then the working class and the poor.

And the global aspect of Fiat World is important. An asset allocator can operate globally, so among the 160+ currencies out there, they can arbitrage them. They short a currency with negative real interest rates, and buy good assets somewhere with it. I personally did it in Egypt not to make money (we don't plan to sell for the foreseeable future) but to ensure good housing for the family at modest expense. But global firms do this around the world to make money. As the global economy got more and more financialized over the past four decades, a lot of professional talent shifted from engineering or medicine or wherever else and moved toward financial arbitrage.

Weak money financializes everything else. Strong money can de-financialize everything else.

https://m.primal.net/HaIx.png


All these years later and I’m not sure we’ve topped this moment in bitcoin culture. https://image.nostr.build/4048ad6b290e40613270ffe1d6920147ba2a0d51ad7597f6360f3b31893ecd18.jpg


For anyone grocking Minibits today, check out nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 excellent 👌 Minbits tutorial. Sessions' tutorials are clearly the best thing on the Internet.

Applause to the devs and everyone involved in this project. It is impressive! Don't forget to give back if you're enjoying open-source work. And if you can't give back, nevermind. Free software is for everyone to use as they please.

https://www.youtube.com/watch?v=igJF8ccMnbQ


MINIBITS.CASH CASHU WALLET FREED ME FROM THE ALBY & WOS TRAP FOR ZAPPING ON NOSTR

DOWNLOAD MINIBITS
ADD A MINT
PICK A MINIBITS ADDRESS
ADD NOSTR NPUB
SELECT NOSTR RELAY

PASTE MINIBITS ADDRESS IN LN ADDRESS BOX OF NOSTR PROFILE

ZAPS WILL ARRIVE AS ECASH IN MINIBITS

ZAP NOTES FROM ECASH BALANCE

#cashu #bitcoin #nostr


Me timing the #Bitcoin market. https://image.nostr.build/1f36abd3be99c1a3ba4439fdbcb43bbc60808fbeec25cd245a33e92e0b1f51b7.jpg


starting b4 sunrise is the way🫡


With all the ETF news taking up bandwidth, I thought it would be worthwhile to document what I think is a very important project, announced at last week's Adopting Bitcoin Cape Town conf.

The Bitcoin Java Card project by KG, developer of Machankura, could be the missing piece to bringing Bitcoin to billions in Africa, and globally.

https://www.forbes.com/sites/digital-assets/2024/01/31/bitcoin-java-cards-could-help-bank-millions-in-africa--billions-next/?sh=2622f8296bde


4 privacy ☑ tho lol


TFW A BLUE CHECK POSTING ON WECHAT OF THE WEST GETS WORSE ENGAGEMENT THAN MOST OF MY NOSTR POSTS

https://m.primal.net/HZRQ.png


The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation.

The last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC.

IBIT’s average stack is ˜$200M/day or 4.7k BTC.
FBTC’s average stack is ˜$175M/day or 4.2k BTC.

So every 2 trading days, just 2 of the New Nine are hoovering up what MSTR does in a good month.

But more importantly, the IBIT/FBTC intake is ˜9k BTC a trading day. Mining only supplies 900 a day. So demand from 2 ETFs alone is 10x supply. Supply is going to get cut in half in less than 3 months, which means this demand will be 20x supply.

And this demand is just 2 ETFs. Don’t forget MSTR, Tether, and many more corps are also accumulating, along with nation-states, HNWIs, and plebs.

Plan accordingly.


what's nostr

nostr:note10rty9fes2sfazv62j6lzt9c58q03cd9qehsmhuaa53fv207xwsxs2hqc2a


GM🫡 ❤ the PoW happening rn


GM🫡


So there's this progression. First you see something like Cashu when you say, "Oh, it's a custodial lightning wallet with better privacy for users and no accounts." And then you realize, "Oh, I can use this to pay someone who is offline. I just send them a string and that’s the ecash note.” And then you realize, "Oh, this works over long range radio with very low bandwidth. And then you realize, oh, if we trust the same mint, we can actually use it to route  lightning payments without open channels to the mint (the channel is the trust). And we can use it as a lightning wallet for ourselves. And then you can say, oh, we can create these community mints for “islands” that are not connected to the internet.

And then you realize, "Oh, there can be more than one Uncle Jim, and we don't have to trust this one person. We can have shared custody, and this thing has better privacy." And suddenly you realize you are were not expecting anything like this at all when you first saw it, when it began. It has completely different implications than what I was expecting previously.

It's the same with Nostr. It's like, "Oh, this is not a very good protocol. It depends on a few relays and you can’t even store images on it and who would use it." And it's cumbersome. Now there are blogging platforms and communities and marketplaces and AI communicating over it. And there's this innovation that no one was expecting when they first started. It was like thinking about the protocol and trying to judge it by its design, but its use (and implications) is discovered, not designed. Same way you can send a calendar invite over email, or do encrypted group chats over it (DeltaChat).

It’s interesting to see, how we use technologies that in theory should not have worked, but in practice, they do. Bitcoin is one of them. The probability of its success was very low.

A friend of mine said in a podcast with me that Bitcoin’s risk adjusted value is actually better than a decade ago. Yes, you could have bought cheap Bitcoin. But its success back then was very improbable. Now you are buying the asset of the parallel financial system, back then, it was a membership card in a club of geeks. After several that have failed…


GM SIR GET AFTER IT


GOOD MORNING NOSTR, SPENT THE LAST DECADE TRYING TO ONBOARD AS MANY PEOPLE TO BITCOIN AS POSSIBLE IN THE MOST RESPONSIBLE WAY POSSIBLE.

WILL SPEND THE NEXT DECADE CHANNELING PURE FUCK YOU ENERGY. 🫡


🤣 GM THIS IS THE ENERGY I NEED TODAY 🤣


WE ARE GOING TO HAVE SO MUCH FUN THIS CYCLE FAM.

THIS ISN'T EVEN THE FIRST INNING.

IT IS THE DAY BEFORE THE GAME.

THE SUITS STILL THINK WE ARE GOING TO SELL INTO THE PUMP. THEY DONT REALIZE WE ARE BUILT DIFFERENT. THEY DONT REALIZE BITCOIN IS A COMPLETE PARADIGM SHIFT.


GM I’m here for it😎


“The ultimate ends of the activities of reasonable beings are never economic. Money is one of the greatest instruments of freedom ever invented by man.”  - FA Hayek, The Road to Serfdom


NOSTR NATURALLY DETERS LOW INTEGRITY PEOPLE BECAUSE THEY RELY ON THE ABILITY TO BLOCK CRITICS, RESTRICT REPLIES, AND DELETE POSTS.


GM


we are launching Strike Africa in 2-4 weeks. cards, bank transfers and mobile money in 20 African countries. will try to get the entire continent with time

are you open to helping us test before public launch? if so, DM me!


During the last run I put funds into BlockFi and Celsius because it looked like free money to those who were just going to hodl anyway. Kept hearing Odell’s voice in the back of my head and decided nah it ain’t worth it. He saved my ass.


imagine not having an npub from pre-2024


GM HNY STACKING!


Hell yeah fellas


GM & LFG!


1 year of building Nostur

https://nostur.com/v/nostur-1y.mp4

Looking forward to the next year! Enjoy the holidays all


stay humble, stack sats https://i.nostr.build/qRld.jpg


🌻 Seed Oil Documentary OUT NOW🛢

The Oils You Eat Are Slowly Killing You:
https://youtu.be/zBoWmIYN4vw https://v.nostr.build/vakk.mp4


Is it just fucking impossible for a group of Bitcoiners to form a successful media company that doesn’t eventually succumb to sheer greed?

This makes me sad. nostr:note1zqg8ut6ymacgfgv4lavzvlv0puvs6vawv2wfsv7pdaw58urqw4jslnf92y


🎯 https://image.nostr.build/56e4f266542c844875270f30aef8bbea7583c30b13b42e1cdf7c118a3ffcb237.jpg


Join me in celebrating the 12 days of Zapness ⚡🎅

I’ve used the shit out of this protocol in 2023 and I’ve loved it. So, even though I can’t Zap insane sats, I thought it would be a good idea to give some back for the tools I use everyday. Value for value baby!

I encourage everyone to do the same!!!
 nostr:npub18m76awca3y37hkvuneavuw6pjj4525fw90necxmadrvjg0sdy6qsngq955 - My daily driver. Thanks nostr:npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s and nostr:npub1h50pnxqw9jg7dhr906fvy4mze2yzawf895jhnc3p7qmljdugm6gsrurqev for building the thing that I stare at every day - 10k sats
 nostr:npub1sn0rtcjcf543gj4wsg7fa59s700d5ztys5ctj0g69g2x6802npjqhjjtws - My OG desktop client, keep up the awesome work! - 10k sats
 nostr:npub1r0rs5q2gk0e3dk3nlc7gnu378ec6cnlenqp8a3cjhyzu6f8k5sgs4sq9ac - For designing…. everything :D  - 10k sats
 nostr:npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft -  For building… everything :D - 10k sats
 nostr:npub1lelkh3hhxw9hdwlcpk6q9t0xt9f7yze0y0nxazvzqjmre3p98x3sthkvyz - For the awesome mini-docs, I’m learning a lot! - 10k sats
 nostr:npub1yfg0d955c2jrj2080ew7pa4xrtj7x7s7umt28wh0zurwmxgpyj9shwv6vg - Need I say more. These guys are going up against the dinosaur that is the music industry and they’re killing it - 10k sats
 nostr:npub1v5ufyh4lkeslgxxcclg8f0hzazhaw7rsrhvfquxzm2fk64c72hps45n0v5 - My goto Podcasting 2.0 app. nostr:npub1unmftuzmkpdjxyj4en8r63cm34uuvjn9hnxqz3nz6fls7l5jzzfqtvd0j2 and team are doing amazing things, and the upcoming update is looking 🤩 - 10k sats
 nostr:npub19mduaf5569jx9xz555jcx3v06mvktvtpu0zgk47n4lcpjsz43zzqhj6vzk - The OG nostr news source, always look forward to reading it and catching up on everything I miss - 10k sats

Bitcoin… and Podcast / nostr:npub1vwymuey3u7mf860ndrkw3r7dz30s0srg6tqmhtjzg7umtm6rn5eq2qzugd - How did I not know about this until recently? Bitcoin news squished in to an hour. What more can we ask for? Thank you    - 10k sats
 nostr:npub1t0nyg64g5vwprva52wlcmt7fkdr07v5dr7s35raq9g0xgc0k4xcsedjgqv / nostr:npub1xnf02f60r9v0e5kty33a404dm79zr7z2eepyrk5gsq3m7pwvsz2sazlpr5 - Building the future of non-custodial Lightning wallets. Need I say more - 10k sats each

Wine relay - nostr:npub18kzz4lkdtc5n729kvfunxuz287uvu9f64ywhjz43ra482t2y5sks0mx5sz thanks for relaying my notes and keeping my feed spam free! - 10k sats each

#12DaysOfZapness #Value4Value


we keep shipping at Strike

yesterday we turned on fiat card on-ramps for Mexico, Brazil, India, Vietnam, and Guatemala

today we released sending to Lightning Addresses. you can send fiat or bitcoin to a Lightning Address with Strike. here is a demo where I send nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx $10 from my bank account to his Lightning Address. we aren’t far away from cross-currency payments over the internet looking like sending an email over the internet

Strike Africa, Strike EU, Strike LatAm coming up next. looking to ship Africa before Christmas

stay humble, stack shipping 🚢🛳⛴ https://v.nostr.build/8KPa.mp4


Nostr for Normies:

The status quo of most of the internet is that of full-custody, with no way to exit, or a way to participate in the system if you don’t accept its irrevocably custodial nature.

On the other hand we have nostr, which is the upmost self-sovereign system.

But lit comes with the tradeoff of extreme personal responsibility of holding one’s key in an even more challenging way than Bitcoin (you can’t spend your nostr into a new key if your old key becomes compromised)

Binary.

This work introduces a new scheme, with its own tradeoffs, but one that can fill the gap to help onboard the next cohort of nostr users without asking them to jump through too many hoops.

Learning the ropes of a new system is already challenging enough, asking new users to also learn about key management at the point of onboarding them is a very big ask with no clear benefit.

But I don’t want to become a custodian of a bunch of keys! What if we allow ANY provider to become an interoperable custodian and allow people to choose

This is akin to going from a single Wallet of Satoshi to thousands of nostr:npub1uq70uqgas9pyhds2zt57kr9se8rg3s68ztphjnq82ts8rzeknmeql7u0c2

In light of this aim, I’m changing the license of nsecBunker to full MIT (from MIT+CC); I want it to be easy for anyone to offer this service. nostr:note1crl44xk24yc2ym5xlyyfjdeumxueyguzxetseg8r0prqzmqts47sghnmgp


NEARLY EVERY BILLIONAIRE IN THE WORLD IS SHORT BITCOIN.

BILLIONAIRE FOMO DOES NOT START UNTIL $100K. BUCKLE UP.


👀 nostr:note1mwd4v7peu5266vldumujdr0s8wdt07ecxr7wllfzzjygka5pr33ql7nuyn


Okay the Bugle is committing to Nostr. We are here to take over


🤣🤣🤣 I love this #meme
#Nostr for ever 🫶

https://image.nostr.build/09427a880564e671c3779da9131d958a80707ff3e5b131e70b79718449cb2814.jpg


Bitcoin is Freedom Money.

Second Episode with Roya Mahboob is Live: https://youtu.be/D0y41yelcNM

New conversation drops every Wednesday.


Nostr pleb follow starter-kit

arbedout – #[0]
Arrow – #[1]
asanoha – @npub1m99ry568jatr5y8dgwk58gvwke87dz5uu32m6q0tnru3zw9ypjtsmm5skp
averyhodl – #[2]
Chadam – #[3]
AARBTC – #[4]
Alan ₿ Watts ⚡ – #[5]
JapanHODL – #[6]
barto – #[7]
believethehype – #[8]
BitcoinLiotta – #[9]
BitcoinLizard – #[10]
bitcoinsandy – #[11]
bitcoinshaolin – #[12]
bitkarrot – #[13]
italic bmaxi89 – #[14]
BTCminstrel – #[15]
chiefmonkey – #[16]
dandarkpill – #[17]
PrinceySOV – #[18]
Dergigi – #[19]
DickWhitman – #[20]
djbooth007 – #[21]
Dr. Robert A. Malakas, III – #[22]
Druid – #[23]
giacomozucco – #[24]
hampus – #[25]
ivar – #[26]
jsonbits – #[27]
Karl.gfy – #[28]
LeoFernevak – #[29]
mutatrum – #[30]
namcios – #[31]
openoms – #[32]
pedro – #[33]
pretyflaco – #[34]
privacymatters – #[35]
rootdude – #[36]
satstonight – #[37]
signal_and_rage – #[38]
SilentLam₿ – #[39]
smolgrrr – #[40]
spoonman – #[41]
StackHodler – #[42]
italian stallion – #[43]
tahinis – #[44]
TheKoodge – #[45]
TIP_NZ – #[46]
TK / tikawamoto – #[47]
Vikingarna1990 – #[48]
Vikingo – #[49]
Vlad / BTCTKVR – #[50]
Zen – #[51]
Plan_Marcus – #[52]