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Notes by Samuel #BTC | export

 According to the United States Constitution (Article II, Section 2, Clause 2), the President has the primary authority to negotiate treaties with other countries. However, the Constitution also requires that treaties be ratified by the Senate through a two-thirds majority vote.

Not likely to be ratified with this congress or the next. 
 Why don’t governments embrace Bitcoin?

They hate the idea of a ‘Proof Of Work’. 
 Competition.

Fiat needs a 3%+ annual expansion 
 These police officers have to learn to run through the ribbon. 
 Me too.  The fact that I am memorizing my seed phrase because I see the government smashing doors and looking for seed phrases is a bit scary too.

My question is can a court compel you to say your seed phrase?  

You don’t have to testify against yourself… 

Just wondering…. 
 @saylor self custody is a right.

I lost on mt Gox your not gonna fool me twice. 
 Just this week 60 of them sold for 11 Eth or about ~0.5 #BTC which is 50,000,000 #Sats or 2.3 million #zaps at 21 sats/#zap

The peak shows 170 Eth per gif w/ volume of 18 gifs sold #HODL #bitcoinstr since Eth may go to zero selling Eth for a google drive gif sounds reasonable. https://image.nostr.build/fc7e73679a8162b1fd3936d19c05e47c13192699e6b06ed6e7382933d9efd339.jpg  
 What about Kamala?  He came from the same planet I’m from…

Just saying.  

-Greetings Earthling 
 it's hot in the room. do you... 

a) turn down the AC? 
b) turn up the AC?  
 I don’t like binary choices. 
 If BTC hits $70k this week we're following everyone who replies to this.
 
 70 is the new 58 
 Well...that was effective

nostr:nevent1qqszvznq37rf2pnwgutxzaarfuqwmtx7psl6yx9atfu56hyw3xg9c8qpz... 
 Now that would be something to see. Did he live? 
 Another album into the trash….
This is getting relentless 

Well I have to admit this was a cassette and I threw my Walkman away years ago…

Bon Jovi is dead to me. 
 My father would say

“Those that know do”
“Those that don’t teach”
“Those that can’t teach teachers”

I think we are talking about the teacher teachers here. 
 What he’s describing here is a concept called fiscal dominance. 

This will lead to what’s commonly referred to as hyper inflation. It creates a feedback loop where the creation of money is needed to service obligations and debt, and that creates so much inflation that you have to print more money. 
 This was just a strange video.

YOU ARE NOT THROWING YOUR VOTE AWAY BY VOTING FOR A THIRD PARTY. 

I have done it many times, Ross Perot, Bob Barr,  others.

When the candidates suck voting third party or only voting on down ballot candidates (leave top of ticket blank) sends a message to the party bosses.

#Kamala never participated in a primary, and Bobby #Kennedy was “killed by the Machine”

#Vote your conscience and send a message to the party bosses.  #election #2024 
 They forgot to say they were man enough to use the tampons Tim so graciously place in the boys locker rooms.

But they were pretty close…

#kamala #2024 
 Does any body believe this post?

This is just strange hard to believe,
But for some people maybe the Bitcoin ETF is a better route to go.

I wonder if these posts are a pysop
To scare people from self custody.

I find it interesting that satoshi himself had many many many wallets. 

Maybe he had fewer of getting hacked…

#HODL #BTC #bitcoinstr 
 Why people dismiss Bitcoin:
1. Fear
2. Lack of knowledge
3. Thinking they’re too late 
 Risk.
Too much knowledge
Fraud
Government fud 
 AI does not create new designs and solutions in interpolates existing concepts and open public data.

#AI #LLM 
 People are starved of the truth, but crave a lie.  Nostr was supposed to fix this.  But it hasnt.... 
 A small dash of salt makes the meal taste better. A pound of salt makes it hard to eat. 
 So ultra processed foods are as bad as heroin and worse than cocaine?

Interesting? 
 Best news of the week!
 #HODL #BTC #bitcoinstr 
 My only comment is, I expected it to be a hit of ACID not a Dorito that’s just utterly insane what she did. #LSD Lucy in the sky of diamonds #gretchen #election #2024 live free or die! 
 Who is in Chicago today?

#FPOTUS 
#OBAMA #TRUMP #CARTER OR #BUSH?

Police activity is insane.
No one is allowed on the platform until the train arrives.
My train is stuck due to police activity. https://image.nostr.build/1a91c2bf247d7077a3c9c206757f47f55017819589484de12c1fca5c4d35b109.jpg https://image.nostr.build/339a4b779651fcce532a5b8eeb503b60471400b106b1f0e0d630f182db08042c.jpg  
 Trump it is.  That is unexpected.
Get your #maga #chicago ready.

https://www.fox32chicago.com/news/donald-trump-chicago-oct-10-2024 
 I’ll repost this over here:

I went for a swim this morning at the local YMCA.  After, while changing, I overheard the conversation of a poll worker.

The poll worker indicated that the first day of early voting saw 20 times the number of voters seen in 2020 on the first day!

I don’t real know if that benefits #Trump but clearly one group is excited, I can’t imagine those were #kamala voters.

I also can’t imagine it will spill into Illinois 👀

#elections #2024 #bitcoinstr 
 The poorer the country the higher the home ownership.

Try US states I bet the trend is similar 
 This is a complex topic… difficult to convey with a few lines…

But at the core I am questioning whether those people in “wealthy” countries are truly wealthy. 50% can’t afford a home or the cost of home ownership far exceeds rent.

People that are slaves to their debt, servants to the state and trapped in the rat race are not wealthy.

Poorer nations may provide better financial stability to most of its society. 
 I went for a swim this morning at the local YMCA.  After, while changing, I overheard the conversation of a poll worker.

The poll worker indicated that the first day of early voting saw 20 times the number of voters seen in 2020 on the first day!

I don’t real know if that benefits #Trump but clearly one group is excited, I can’t imagine those were #kamala voters.

I also can’t imagine it will spill into Illinois 👀

#elections #2024 #bitcoinstr 
 Sycamore IL, on a Christmas flight back in 2018.  Just thought I would post it here and see what reaction I get…

#Trump #Election #kamala
#2024 #photostr #pilotstr #bitcoinstr https://image.nostr.build/a5f4831eb1ce5864045c748052cfd43ae4bdf176fc514d9d396a102bf5033e1b.jpg  
 Yes plowed #TRUMP right into the field.  I am sure they used GPS

IT looks pretty accurate 
 I left Illinois for Indiana 10 years ago.  It’s been a great ride.  But now I noticed the dems are moving in and Lake county is deep blue.

People must wake up! 
 I had no idea nostr is a dating app.  But honestly I can’t really believe these numbers. It is insane that the only way people meet is online!

people need to get out and interact!  Not just on nostr. 
 Based on BRAVE AI

Average daily spending: According to the BEA (Bureau of Economic Analysis), the federal government spent approximately $6.48 trillion in 2022, averaging out to around $17.7 billion per day ($6,480,000,000,000 ÷ 365 days).

So that would fund the government for less than 16 hours. (Clock hours not business hours) BTW spending is up from 2022 

We don’t have a revenue problem we have a spending problem.


#BTC #HODL 
The Sheer dress/costume for Jeff’s chick is #overthetop 
 I would hope so.

#BTC #HODL #bitcoin 
 Leave California.  There are plenty of states and plenty of jobs.

Why do people keep shooting their foot off? 
 Make no mistake: 
This does not appear to be a mistake 👀
nostr:nevent1qqsgjhhup2c2qhv9w6jzhsks... 
 Violates FAR 91.119
Part c and d

(c) Over other than congested areas. An altitude of 500 feet above the surface, except over open water or sparsely populated areas. In those cases, the aircraft may not be operated closer than 500 feet to any person, vessel, vehicle, or structure.

(d) Helicopters, powered parachutes, and weight-shift-control aircraft. If the operation is conducted without hazard to persons or property on the surface—

(1) A helicopter may be operated at less than the minimums prescribed in paragraph (b) or (c) of this section, provided each person operating the helicopter complies with any routes or altitudes specifically prescribed for helicopters by the FAA; and 
 Why 👇 #GetSum
nostr:note1rrr0pq95k0w7u6rvmcjllccvqayup7372gkzchw527m4eez2393q2nch0c 
 #getsum I don’t even see that hash tag used so I had look it up in the urban dictionary:

Get Sum
The meaning of the phrase " Get sum " originates from the USMC in Vietnam. It was shouted loudly while fireing fully automatic machine guns to tell a superior officer that more ammo with be needed shortly.

Wrongly confused by most people to be a saying for some1 who is getting sex.

In context “Boehner told Lucifer in the flesh to #getsum before asserting” 

“Lucifer in the flesh” is how the ever-blunt Republican heavyweight — who stepped down as speaker last year — described the Texas senator, who is struggling to block billionaire Donald Trump’s march to the Republican presidential nomination, according to the Stanford Daily newspaper.

“I have Democrat friends and Republican friends,” Boehner said. “I get along with almost everyone, but I have never worked with a more miserable son of a ***** in my life.”

I never knew.  Now that is over the top…
#urbandictionary #overthetop 
 Violates FAR 91.119
Part c and d

(c) Over other than congested areas. An altitude of 500 feet above the surface, except over open water or sparsely populated areas. In those cases, the aircraft may not be operated closer than 500 feet to any person, vessel, vehicle, or structure.

(d) Helicopters, powered parachutes, and weight-shift-control aircraft. If the operation is conducted without hazard to persons or property on the surface—

(1) A helicopter may be operated at less than the minimums prescribed in paragraph (b) or (c) of this section, provided each person operating the helicopter complies with any routes or altitudes specifically prescribed for helicopters by the FAA; and 
 Ted Cruz is trash 🗑️ 

Prove me wrong. 😑 

No one can.  
 This may not prove you wrong, but a majority of Texas voters will most likely cast a ballot sending him for a third term to the senate for 6 years with his fourth term re-election being a midterm year which means it is very unlikely he will face any serious challenge for 12 years. At that point he will be 66 years old and should ride off int the sunset like a good cowboy does.

Prove my analysis wrong.

#texas #vote #election 
 What is going on with polymarket?

#trump #kamala #2024 #elections

Trump just jumped 4 points… https://image.nostr.build/56e9b6f5b5946ab0fe9480e8db5701643a595c72c8a2e34a0659d379e8b19402.jpg  
 I did the math.
Turns out that everything divided by 21M is more than $63k. 
 Honestly that is not the best model for pricing btc.  Also cost of production is not a good way to price #BTC either.  Further more, both power law functions and stock to flow are not valid.

The issue wrt pricing #BTC is that there is only one viable use case which is #HODL to protect from inflation.

So I am looking for ways to model that.  Couple ideas that seem good:
1. X * global mattress money
2. Y * global debt
3. Z * total equity market cap

So on this case x could be much larger than 1.0  Possibly possibly 10.
Or
Y could be a number between 0.01 and 0.05
Or
Z being some where between 0.05 and 0.10

So saying that in English words, #BITCOIN market cap could ultimately equal 10 times the global mattress money or possibly 5% of the total global debt markets or somewhere between 5% and 10% of the global equity markets.

Since each and every one of these grow annually at somewhere between 3% and 12%, the expectation is that BTC will grow at somewhere between 3% and 10% once it’s reached its established equilibrium 
 Basically no privacy at all.  Anyone’s phone can be searched for any reason, or effectively no reason at all.

This seems like an illegal search and seizure. 
 Something wrong with chart.
Might be made up… 
 Malarkey
Tv wasn’t invented to 1927
Cars 1893
Google 1995
Amazon 1997

This chart is rubbish 
#BTC PEOPLE ARE SMARTER THAN THIS NONSENSE