Reminds me of something similar with real life interactions; the quietest people may have the loudest minds, the seemingly happiest people may be the saddest internally.
You never know whats lying behind the scenes.
More optimistic about the future with improving productivity, tech, energy utilization and Bitcoin. Am planning for my 2nd.
Meanwhile more friends and family around me who are working hard and trying to save in fiat are generally more pessimistic, shunning from having kids from rising cost of living, struggling with anxiety and depression etc.
Family, meaningful work and sound money gets people grounded!
We need more formal and official onramps to Bitcoin in Asia.
non-KYC is nice and all, but to get mass adoption you can't be hiding from the mainstream system forever.
Be so big that the system has to adapt to you.
One person converted is one additional node in the bitcoin ecosystem.
I was finally "forced" to set up my lightning wallet to pay for a bitcoin event.
Now I'm ready to use it anytime, anywhere.
I’m seriously considering homeschooling for my little one. Current education system is either of low quality or filled with spoilt brats. Only downside is the “social network”. How was the social aspect like for you?
Hi Nostr, I'm trying to understand the implications of the SEC Options approval. Anyone has covered this in detail either in writing or on a podcast?
#AskNostr
I spent a year during commute listening to Lyn, Jeff, James, Luke, Preston, Peter etc.. Then came to the same conclusion. For now, better to spend time on other equally if not more productive work.
Still useful to understand the nuances though!
Nice, I decided to say "f it" once i learnt its better to put time and energy into a more equitable and fair system. Building now and looking to plug into the ecosystem
This is probably the closest we will get to a Southeast Asia equivalent of "Blackrock is buying Bitcoin" in the short term. Generally folks here succumb to Halo effect when it comes to Singapore.
DBS is one of Singapore's most established banks. It's exchange is offering the trading services of four fiat currencies (SGD, USD, HKD, JPY) with Bitcoin, Ethereum, Bitcoin Cash, Polkadot, Cardano and XRP.
Might be the lazy but effective way to quickly onboard someone.
https://www.dbs.com.sg/corporate/solutions/capital-markets/digital-payment-token
Was there once. Now trying to convince my friends to get out of eth.
They say they have a sizeable portion of wealth tied to ETH.
I need to convince them.
The whole notion of “banking the underbanked” seemed logical to me at first but now I know it’s optimized for personal tracking and tax collection.
Thank Satoshi and all who developed the tech needed for the alternative financial system we needed
Apparently the founding father of Singapore once said/joked that air conditioning was the secret to his country’s success.
Its funny but its true. It enabled humans to function properly in warm regions without the abovementioned discomfort.
Even machines need coolants to work properly.
Went off-grid for a few days near a coast.
Felt physically stronger, mentally more alert during those days. Finding it tough to plug back in.
Are most of us wired to be close to nature most of the time? Feels like that is definitely the case for me.
How do you feel about replugging in and any tips you want to share? #AskNostr
Friends are saying they’ve got a portion of net worth tied up in ETH
Asking what happened to the sound money promise and deflationary promise.
Told them proof of stake is bullshit but don’t think they’re gonna change.
Who’s gonna tell them?
#ETH #altcoins
Interesting observation. I’ve seen friends and family suffering from depression, anxiety, uncertainty etc. and they’re either people without a spouse / kids / set idea on what they want to do with life.
Point is we need something (meaningful) to anchor ourselves to reality or else the brain just goes absolutely crazy
Still believe that memes are one of the most cost effective ways to get a message across.
It might be studied by future historians similar to how current historians studied hieroglyphs and stuff.
Good times
I often see people who understand bitcoin bashing those who don’t for being “dumb” or saying things like “good luck staying poor”.
But I think people forget that money is deeply emotional and personal. So it will take time for people to come to terms with it.
That’s one of the reasons I don’t see being highlighted enough in most of the educational content out there.
That inspired me to write my next article on “Why Bitcoin Is hard to understand”
TLDR:
1) mental energy needed to study bitcoin
2) accepting that money can function perfectly well without centralization (i.e. fed and government)
3) emotional aspect of money (leading to ego, fear, etc.)
4) all the other “crypto” distraction stuff
Again, no harm being nice here.
https://open.substack.com/pub/kianjer/p/why-is-bitcoin-so-hard-to-understand?utm_source=app-post-stats-page&r=45w71m&utm_medium=ios
I found out about your show only late last year but benefitted greatly it. Happy to see the sincere reflection and wishing you all the best for the next stage of your journey!
Balaji mentioned something like “crypto is the payment system that powers AI”, but i think that’s too generic. We’ve really ever seen real value transmitted via bitcoin + nostr so far, which I think is completely different from all the ETH L2 payments like Coinbase’s Base (e.g. buying coffee with USDC on Base chain)
Nostr seems to have potential to be the backbone of a new form of economy in the future, similar to the internet, and in my opinion it broadly requires:
1) more people to see and adopt bitcoin as sound money, making it a widely accepted medium of exchange
2) more individual creators creating value on this system
3) which creates momentum for more established businesses to migrate to this system
The profits for businesses to switch to this ecosystem must be greater than the cost, and point 1 must be true for them to see that.
One step at a time
Am writing my next newsletter and touching on the covid money printing by the US.
We know that the money printer went crazy ($3.3 trillion) in 2020 alone
My question is: does the US not have any strategic reserves that it could have deployed?
Singapore for example, deployed its reserves 3 times for covid according to wikipedia. The last time it deployed its reserves was the 08 crisis, and back then it was only 1 time. The country seems to not have deployed its reserves any other times.
What makes up the US strategic reserves as of the covid era? Is the composition and value disclosed publicly?
Lets see it Nostr.
#AskNostr #US #MoneyPrinting #COVID #Singapore
Wonderful story. I keep thinking that its amazing how bitcoin transcends all disciplines and industries.
And then I remember. Bitcoin stands for sound money, and along with it, all the positive properties that most people want for a better life.
Money is one of the base layers of all our progress. Truly amazing times we live in.
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Yeah, saw this clip and also kinda doubtful. Not technical enough to verify how true it is. Any experts on Nostr to help clarify the his arguments and if true, the severity of the problem? #AskNostr
Is there a niche Mandarin speaking group on Nostr without many people noticing?
I don't understand China's history and governance over the past few decades to comment, but I think the post offers some context as to what is happening in China in terms of social security / retirement funds.
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