Politics isn't about the clown show on TV, but at the base of it about deep philosophical questions  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk

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

https://bitcoinmagazine.com/politics/bitcoin-wont-let-you-transcend-politics


RSS link is already on my site? front page

https://m.primal.net/Lmxa.jpg


My latest episode of interviews while at PlanB Forum in Lugano is out! Including interviews with  nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42  nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp  nostr:npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 Luke Dashjr Dennis Porter and John Carvalho

https://stephanlivera.com/episode/612/


Some bitcoiners need a reality check - Bitcoin will not let you transcend politics!

See my latest for  nostr:npub1t8a7uumfmam38kal4xaakzyjccht4y5jxfs4cmlj0p768pxtwu8skh56yu here https://bitcoinmagazine.com/politics/bitcoin-wont-let-you-transcend-politics


I found these podcasts episodes from  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk touching on the topic. Thanks!

https://stephanlivera.com/tag/tapsigner/


I have recently listened to a great episode of nostr:nprofile1qqspnlha0uuujmf07ahc0amz0tnez3dujuwc4v3jq5q9jwd94yfmctcpzpmhxue69uhkummnw3ezumt0d5hsz9thwden5te0wfjkccte9ehx7um5wghxyee0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uxrvvvv podcast, where he spoke with Daniel Hess (not sure if he is on #nostr) and discussed about fertility - https://fountain.fm/episode/iiY2K9t8Ii58QCnJ1NqU

That summarizes my thoughts about family, woman, what I shared earlier this week.

The decline of global fertility rates is due to:
- Decline in marriage or later marriage
- Decline in religiosity
- Anti-natal attitude
- Living in a dense areas

What we need to do?
Marry early in our 20s, put God as our guiding star, have a strong desire to have bigger families (study Russian word семья, 7 of us), living in ancestor homestead outside of a city.


BREAKING: «Satoshi Rockamoto» will rock the planB-forum in Lugano!!! 🎉  nostr:npub1au23c73cpaq2whtazjf6cdrmvam6nkd4lg928nwmgl78374kn29sq9t53j  nostr:npub1lr2zzf989mvf393y0tv39ara6a4vddkd6y87z784up9vl6ks6j3qtudl6a  nostr:npub1jt97tpsul3fp8hvf7zn0vzzysmu9umcrel4hpgflg4vnsytyxwuqt8la9y  nostr:npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a  nostr:npub1fk8h6g8zhftw8c7pga2zjd84p2z949up5lc3qdchm9v4m0q7mwws7jcwld  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk and friends! 🧡  (Friday, 25.10.24)

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


Harris Irfan, CEO Cordoba Capital Markets & Advisor at OnrampMENA joins me to discuss challenges and opportunities within Islamic finance, ethics of finance in business and the intersection of Islamic finance and Bitcoin. Harris highlights building a financial system focused on real economy transactions, sharing insights on finance, custody, and Bitcoin investment.

https://stephanlivera.com/episode/610/


happy to get him on! I DMed


In this episode, Kenji Tateiwa, CEO of Agile Energy X, discusses his extensive background in nuclear engineering and the impact of the Fukushima disaster on public perception of nuclear energy. He explains the innovative concept behind Agile Energy X, which leverages wasted renewable energy through Bitcoin mining to address curtailment and grid congestion issues in Japan. Kenji elaborates on the unique flexibility of Bitcoin mining as an energy buyer and its potential role in the future energy landscape, including the integration of circular economy principles. The conversation also touches on the challenges and opportunities in Japan’s energy production, particularly regarding nuclear energy and the need for a diverse energy portfolio.

https://stephanlivera.com/episode/609/


nostr:nprofile1qqspnlha0uuujmf07ahc0amz0tnez3dujuwc4v3jq5q9jwd94yfmctcpzpmhxue69uhkummnw3ezumt0d5hsz9thwden5te0wfjkccte9ehx7um5wghxyee0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uxrvvvv and nostr:nprofile1qqsgdp0taan9xwxadyc79nxl8svanu895yr8eyv0ytnss8p9tru047qpp4mhxue69uhkummn9ekx7mqpz3mhxue69uhhyetvv9ujuerpd46hxtnfduq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyed3m56 and Dorien Roomaker had a fantastic panel

Take a look at the auction here:)
 https://image.nostr.build/fd67ad9ebdd1a186fed829c161b02afa3aeb3d8f692b4fa4deedccc1c17313f6.jpg


 nostr:npub1d3f4m9dgvkdjxn26pqzsxn6lpfn78sxwllxyt8mp76q0a9zyyjlswhr4xv, Managing Partner, Equity Management Associates, joins me to discuss the national debt crisis, inflation, possible price suppression of hard assets and the contrasting roles of gold and Bitcoin as sound money.

https://stephanlivera.com/episode/608/


For those that think that nothing can get done in Bitcoin Core nostr:note1k7cj9d8wg50rtwhcy8dujap6v3mg7f683756uet7q24uqhf7rwasr30th3


Gloria Zhao and Fabian Jahr rejoin me to talk about projects in Bitcoin Core

https://stephanlivera.com/episode/607/


Always a pleasure, never a chore. Thanks nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk for hosting the physician formally known as Dr Bear. Great discussion and the 8% rule makes you think. #bitcoin ruled by global liquidity. https://podcasts.apple.com/gb/podcast/stephan-livera-podcast/id1415720320


This was a great conversation.

Thanks for having me on your show, nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk! ⚡

nostr:note1kjfju0ac34efgt3wsqu7zjxd0zvkq5v3ynzj9d8a3y5jufgptkcq3mgu5a


nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l bringing the signal with nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk.

Prices of stuff about to crash measured with #Bitcoin.

https://youtu.be/AoaFbRKiAQM


THIS IS NOT GETTING REPORTED ON MSM

For anyone who has a network, the people up there are desperate and it sounds like literally none of the news is talking about this and if nobody knows, then they won’t be getting National Guard, or any help. It’ll literally be the small teams of Coast Guard and Search and Rescue working alone.

Getting ANY help quickly could save a lot of lives, please share this out if you have a decent following on any socials.
nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

Reaching out just to get this amplified. I think I’m going to maybe put a short video/audio clip together just for anyone who is able to help or can get to the area to do so. nostr:note1sgkm9zhplgn0808yszsdhgu9y6lkqygcwspqs30qalclwyr93shsfuly3n


After a long and choppy bull-crab market, Dr. Ross notes that the bull market is here!

 nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l founder, Vailshire Capital Management, joins me to discuss the ongoing sentiment in the markets, global liquidity, pitfalls and opportunities of this bull cycle, holistic living and more!

https://stephanlivera.com/episode/606/


The Power of Political Decentralization with Ryan McMaken

nostr:nprofile1qqspnlha0uuujmf07ahc0amz0tnez3dujuwc4v3jq5q9jwd94yfmctcpzpmhxue69uhkummnw3ezumt0d5hsz9thwden5te0wfjkccte9ehx7um5wghxyee0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9uxrvvvv

https://fountain.fm/episode/pu2UYeFcE9i6NwurTTb4


Bitcoin: On the Way to $400K? with Andrew Edstrom SLP605

Andrew rejoins me to discuss government debt levels, retirement planning on Bitcoin, price modeling, risks of leverage, yield on Bitcoin and more.

https://stephanlivera.com/episode/605/


Can a Decentralized US become a reality? Ryan McMaken explains

https://m.primal.net/KwRR.mp4


RFK wrote a letter to the editor in the economist today.

archive.ph/AO4un
https://m.primal.net/Kuqo.jpg


Is it wrong to take a fiat loan from someone to buy bitcoin and take advantage of someone's information asymmetry?  nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf explains his thoughts

https://m.primal.net/KvUD.mp4


I'm still seriously offended by the lockdowns, the ban on all sorts of innocuous activities and the complete destruction of civil liberties.

And no, I won't let this go.


A note to all Primal users. We are working hard on making Primal much faster and more reliable. We already deployed a more performant web app. Please let us know if it works well for you.

Major updates to all Primal clients are in the works. Thanks for your patience, it will be worth the wait. 🫡


 nostr:npub139nl9yxvwayl60fr97m3zrq9md6x5v0uup344mkyuyg6mzlusyxs4zkwf4 of  nostr:npub1xkere5pd94672h8w8r77uf4ustcazhfujkqgqzcykrdzakm4zl4qeud0en joins me to talk about Bitcoin Custody and Proof of Reserves. Will more Bitcoiners expect Proof of Reserves from their exchanges and custodians?

https://stephanlivera.com/episode/604/


Nobody knows


You can have credit in a full reserve banking system, but it'll be very different to how credit works today.

Credit as it is today is fiat subsidised and backed. So it is artificially cheaper, it causes the boom-bust cycle, and it rewards insiders.


 nostr:npub1xyd5ja34s4nk0l6urnh69wx9ep6uuxz2ujrkm2f8n6pfhgqa6y5s2xn6n2 shares his insight on the tradeoffs with  nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan and Bitcoin.

https://m.primal.net/KuYZ.mp4


is there anybody out there nostr:note1yug4qxfktef8flryd959u6rkn9klenjjwkny2u7eq00zanr24rssqtx40q


Sparrow v2.0.0 released with:

SLIP39 shares recovery
Trezor Safe 5 support
Ledger Stax and Flex support
Update to Java and JavaFX 22

And more: https://github.com/sparrowwallet/sparrow/releases/tag/2.0.0

https://sparrowwallet.com/download/


Ryan McMaken, Executive Editor and Economist at the Mises Institute, explains the concept of ‘Radical Decentralization’ and why secession is more important now than ever.

https://m.primal.net/KtaC.mp4


Awesome chat by nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk . The stocks versus #bitcoin argument was beautifully put to bed by nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf. Does your etf or favourite stock provide audit data every 10 minutes on the health of the firm? Ah yes, of course they don’t, that is why we Bitcoin, so so much less risk. 🫡🙌

https://podcasts.apple.com/gb/podcast/stephan-livera-podcast/id1415720320?i=1000669149375

nostr:note1nexw7u7egx05atjgr7xynlrrv0q6gfjh85qah3lhvqap4ltmuj7qpfgcye


ANYONE CAN STORE, DISTRIBUTE, AND VERIFY NOTES IS SIMPLY A BETTER MODEL THAN ONLY ELON CAN STORE, DISTRIBUTE, AND VERIFY POSTS.

EVEN IF NO IMPROVEMENTS ARE MADE NOSTR SCALES BETTER THAN X.


Definitely get a hardware wallet. Coldcard Q is my favourite (fwiw they sponsor my podcast).

You can use it easily with software such as nunchuk or Sparrow Wallet.


Tomorrow marks the beginning of the end for the DOJ's campaign against privacy & open-source devs.

All the best to the Samourai Wallet team. Kick the tires and light the fires, guys 👊

Support their legal defense fund: https://p2prights.org/donate.html


No, he's explaining how money can never be stable regardless of if people want power.


Not mad but I would expect those to underperform vs Bitcoin HODLing.

That can be OK so long as you go into it with open eyes. What is financially optimal is not necessarily best for your overall balance of self sovereignty.


They think “not your keys, not your coins” is just a stupid meme.

They will learn eventually.


Why can't money be stable or neutral? Philipp Bagus explains

https://m.primal.net/KrWH.mp4


It's amazing that bitcoin exists, and that it continues to work. It's amazing that nostr exists, and that all the stuff that we only dreamed about a few short years ago is being built out before our eyes.

Zaps and splits and eCash and self-sovereign infrastructure and streaming sats and swarm highlights and zapraisers and marketplaces and secure chat and and and. And this is just the beginning. "It's as bad now as it will ever be."

Grateful to be part of it all.


im ok with 58k


Damn, a recipe to get inflated away. Hope they learn to HODL before it's too late.


overpriced zoom school.

The real export is visas and a pathway to Australian PR and citizenship etc.


Should the state hold Bitcoin? Explained by  nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf

https://m.primal.net/KpSs.mp4


infinity in nominal terms, sure 😂


I know it's a cliche but we are still very early in Bitcoin. CAGR last 10 years is about 60%/year, difficult to consistently beat that. As it tapers down and we get closer to hyperbitcoinization, it'll change.


Fixed for the mining plebs. https://image.nostr.build/e684d92b01ff87de0b05a571b36687975027739c40f4f5439e490803f9c6dc45.jpg


Bitcoin, real estate and fiat mining with  nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf

https://m.primal.net/KoZp.mp4


Yeah I hear so much about pickpocketing there, it makes me not want to go


Testing an old idea: NFC-based transient accounts: accounts that log off as soon as the app goes to the background, deleting all traces of the account from the phone.

It looks like this in debugging speeds: https://video.nostr.build/ef4274d150303fd28f5e7b6b02a7b0102176263dfb1b491969a0caab6b61e6ad.mp4

If you are an activist and if your phone is confiscated, they will never find anything on the phone. Not even your public key.

Walk around with Amethyst installed and an NFC tag hidden in your clothing. When you need to use Amethyst, tap the tag, insert your password and login. Lock the screen to delete everything.

The NFC has a NIP-49 password-encrypted nsec. If you need, destroy and dispose the NFC tag.


GM

 nostr:npub10pensatlcfwktnvjjw2dtem38n6rvw8g6fv73h84cuacxn4c28eqyfn34f is a unpaid 100% passthrough volunteer organization.

The whole team genuinely cares about the mission.

We have extremely very diverse opinions and backgrounds and very limited operational resources for the volume of applications.

No application is decided by a single person. We also have committee of also volunteer peers who also opine and vote. Once the committee votes with soft ACKs. We have a minimum of 5 positive votes by the board for approval policy.

Everyone and their applications are considered! But we are not going to fund everything. After careful volunteer time is used for reviews a vote is made.

There are many orgs with different methods.

No one is entitled to be funded. Pro tip, be graceful. Aside from being extremely unprofessional to shit on OpenSats in public, you are shitting on unpaid ppl who are trying to do their best and are not perfect. We simply don't have the time and resources (and shouldn't waste money) on giving each and everyone a very detailed feedback. we are talking about hundreds of applications and a dozen ppl here.

Criticism is very much always welcomed and encouraged. We need to know what we can do better.

If you truly care about improving, send a fucking EMAIL. Bitching in public only hurts the ppl who are doing the work.

The FOSS funding will continue until freedom improves ✌


Well even if we as private individuals waste our money and spend it inefficiently, we face the market test. We are then forced to correct course or keep on losing money.

It's OK to make mistakes in life but you have to then correct course.


We reject: kings, presidents, and voting.
We believe in: rough consensus and running code.

—David Clark,1992


Haha I appreciate the sentiment Jake! But for me, I prefer to just focus on the educator / talk show host role for now.

Hopefully there are more people who do step up and go in to bat for liberty and private property though.


What are the next big things coming for lightning?  nostr:npub1xyd5ja34s4nk0l6urnh69wx9ep6uuxz2ujrkm2f8n6pfhgqa6y5s2xn6n2 explains why it'll be:
1. broader BOLT12 adoption
2. asynchronous payments

that help make bitcoin and lightning private digital cash

https://m.primal.net/KnWT.mp4


Statists excuse government failure by saying "they didn't have enough budget".

This image is a reflection of how the state spends money.

Without private property, market pricing, and facing a profit and loss test - of course it wastes money. https://m.primal.net/KnVz.jpg


TABConf 6 is Oct 23-26 in ATL.
A Technical Bitcoin Conference for builders, hackers, and entrepreneurs.

- Nearly 30 hands on Workshops already scheduled.
- Finally learn how Taproot works by participating in the CTB (Capture the Bitcoin), BTC Puzzle.
- Recorded and Non-Recorded Stages.
- Talks from some of the most technical Bitcoin engineers in the space.
- Debates on technical issues that affect Bitcoin.
- Evening Hacker events and room for free form activity.
- Hardware Building space and infrared sat sender/receiver badge.
- Compete in famous Bitcoin Trivia hosted by the BitDevs Village.
- Check out the innovative NextGen Village that always has cool Bitcoin activation experiences.
- Form a team and Attack Bitcoin in the Warnet event while using known CVEs.
- Award Ceremony to celebrate real technical achievement.
- Can't buy your way on stage, First Open Source conference completely organized on Github.

https://tabconf.com


Nice talk, aligns with what a lot of us are thinking.


When the student is ready, the teacher will appear


Here comes the third prong to fuck #AUStriches once and for all.

Digital ID comes in December, both sides of government are pushing legislation to have social media users KYCed (see note below and image 3) which will be here mid-2025.

And now they’re pushing ahead with the mis- and disinformation bill which defines “harm” so broadly (image 2) that there is no escape.

No more posting about Bitcoin, that harms the economy. No more disagreeing with net zero lunacy, that harms the environment. No questioning vaccines, that harms health.

If you do - they’ll have your identity and will come and arrest you for breaking this new law.

Bye bye Australia 🇦🇺 https://v.nostr.build/SUzWO8tItR8kdbKF.mp4 https://i.nostr.build/BBdqZcfkXlx6H03b.jpg https://i.nostr.build/kJ1QQxhRdUgwzZei.jpg  nostr:note169sh3rkq2w639r5x558yqwnskwed897qza5m7qa0sw8l8dsngpkq5u9wgu


I'm listening to nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf this morning on nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk

Two of my favorites

https://m.primal.net/Kmvt.jpg


They will come!


My latest episode with  nostr:npub1hxwmegqcfgevu4vsfjex0v3wgdyz8jtlgx8ndkh46t0lphtmtsnsuf40pf is out! We touch on product market fit for savings, rebalancing, cultural changes on a bitcoin standard, and whether the govt should hold bitcoin

https://stephanlivera.com/602


Dead simple point-of-sale now live on nostr:npub1cwneqlnjgs3rdtk97c2ffy2df9dm5zycgj3dsg8c3z00hchxjmfqtvraju . Pick your favorite wallet, connect a fiat app like CashApp or Venmo (or don’t) and accept bitcoin for in person sales.

https://blog.zaprite.com/introducing-point-of-sale-on-zaprite/


And of course, the evergreen meme on govt control and licensing is relevant too.

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


Philipp Bagus on the Banking School vs the Currency School, and how this debate remains relevant today on central banking and fractional reserve.

https://m.primal.net/Klck.mp4


this is my new startsmall tracker. all money movements will be recorded here. foundation is focused on crisis relief, girls health and education, and free and open source software.

https://docs.google.com/spreadsheets/d/1-ycOLoA496Qj37IHJvrXO3Vg2ETvMphtRGjyv2FNn8c/edit?gid=0#gid=0


The road to hell is paved with good intentions...


I'm presuming they mean just the big platforms will be required to do age verification e.g. X, FB, IG, TikTok etc.

Still a bad trend to have more govt instead of less govt.


And of course, let's not forget the classic meme on this

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


Left wing Australian govt looking to ban children from social media.

This is a classic case of "there oughta be a law". Yes there may be some harm from social media, but that is a role for parents to moderate and control for their children.

It should not be the role of the state to implement some ham fisted policy that also stops children using internet social media in healthy and beneficial ways.

It also represents an unethical imposition onto private companies and software developers who will effectively be coerced to do the state's bidding.

nostr:note1ggqhhfzd5dd44grfhwcsyd5kexv0eg6nfe67lewwttwl923xvcms5npdyj


Can Lightning Liquidity be Solved Using Liquid? Check out my latest ep with  nostr:npub1xyd5ja34s4nk0l6urnh69wx9ep6uuxz2ujrkm2f8n6pfhgqa6y5s2xn6n2 on this question

https://stephanlivera.com/episode/601/


Tokyo Electric Power Company (TEPCO), Japan's largest electricity provider, has begun mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, as per reports from Asahi.

https://www.asahi.com/ajw/articles/15397216


Now that we've felt the energy and excitement from Bitcoiners in Thailand at yesterday's party, it's time to start planning our big Christmas event for the end of the year. Plus, we’ll be kicking off our Bitcoin-focused monthly meetups starting in mid-October.

Check out this short video of our newly completed second floor!

#Bitcoin #ChiangMai #Thailand
https://m.primal.net/KjFm.mov


Walking down the street... and then we spot this sign!
https://image.nostr.build/7f16b0a5f249ea4a29d4aaee0db875a15bb4ed1bb41f7750346248ef301d9308.jpg

Followed the signal...
https://image.nostr.build/301ffb967e9197609217d33b3c5c29d379a7d4e44f21e50f228958d28e11b6b5.jpg

Lots of people must be inside...
https://image.nostr.build/092f79a464f198a18d5116494daee29faa44bb162237c8c38dcc58ef7719f28e.jpg

"You must be weary fellow traveller," a kind Bitcoiner handed us a drink...
https://image.nostr.build/2da8d0a92ad78e37b78dfd94c33fde59143deae06f69ef7c5c3e6882fe0a0f41.jpg

We sat down and learnt about Nostr Wallet Connect which helps all sorts of apps interact with our lightning wallet, making the open ecosystem even more seamlessly interoperable!
https://image.nostr.build/977f4181d23b4c5ce1a0a1760cba6a8a7d086b3c7227b1a788e70029f58d44bb.jpg

And then we learnt about the various Bitcoin scaling solutions the free market has been working on.
https://image.nostr.build/f08d0672633f660e6ebf7f082ccbb4175dd7c56fdaa17133e1e23901808e62ac.jpg

What an epic space 😍
https://image.nostr.build/b3beaf766a06043cf2a3e5e992f703d951b5c02695fed61640c3c6ba06d49df5.jpg


As in, the state subsidised and intervened in market for money and banking


Fair point it's been like this for a while, but it is fundamentally a fiat printer subsidised activity. It has reached a point now where it's just ridiculous multiples of median salary in many western countries.

I believe this why housing has been bid sky high and everyday people are struggling to own a home.


It has become normalized to put down 8-20% for a mortgage downpayment.

I wonder how many people consider that they are effectively going leverage long property approx 5-12x?


For everyone who is getting fatigued with Bitcoin’s recent price action:

Over the last decade, the average return in #Bitcoin for the top 10 days each year was 184%, and the average return (loss) for all of the remaining days each year was −10%.

Patience eventually pays off, big time.


I had the honor to interview María Corina Machado, the leader of the Venezuelan opposition, about how fiat money was weaponized against the Venezuelan people by the Chávez and Maduro regimes

She says Bitcoin is a "lifeline" and "vital means of resistance" and said that a future democratic Venezuelan government will use Bitcoin to rebuild the national reserves that the Chávistas stole and put Venezuela back on a path to peace and prosperity

I've put out a lot of content in the past few years but I think this is the most important thing I've done -- the implications are vast considering a) Venezuela is one of the world's largest energy exporters with some of the world's largest oil reserves and b) María Corina Machado is not some rogue leader or dictator but a US ally

I hope you can watch 🇻🇪
https://m.primal.net/KfiC.mov


I'm not talking about the 'difference' between spending or selling, I'm talking about the people who lose faith altogether and sell their Bitcoin to go back to fiat investment (or not investing at all)


I'm not one to try and time the market, so for me it's more like
1. Live within your means
2. Stack bitcoin consistently with the difference


Love it. It's so cool that people come across podcasts from years ago. Always a pleasure to chat with  nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc


Paused YouTube to have a scan through Nostr and you were the first note on my feed. So while I’m here just want to thank you both nostr:npub1dergggklka99wwrs92yz8wdjs952h2ux2ha2ed598ngwu9w7a6fsh9xzpc 🙏
https://m.primal.net/KgSW.jpg


As in, if you don't have a strong hand to HODL, you might sell low rather than keep on HODLing


It's your life and your choice. But if it was me, I'd sell and flip the shitcoins into bitcoin.


HODLing is a psychological battle with yourself. How much pain and scorn can you handle from the normie world? What is your pain tolerance for sustaining your HODLer conviction through big 50% or even 80% drawdowns?

Are you willing to think independently and ignore TradFi influencers who preach about being allocated to govt bonds or stock indexes or trying to be a property mogul?

If you do it correctly, you are richly rewarded for HODLing over time - both financially and mentally. If you do it poorly, you risk selling during the drawdowns or hard times.


https://mises.org/mises-daily/isaiahs-job

"The line of differentiation between the masses and the Remnant is set invariably by quality, not by circumstance. The Remnant are those who by force of intellect are able to apprehend these principles, and by force of character are able, at least measurably, to cleave to them. The masses are those who are unable to do either." - Albert Jay Nock nostr:note1lrdyf3vxkdxuek8tq33ynsf6eeuw7s40y4tkgn05ssg0gv6u8q4sg9svvy


Sure, but depending on the programming that person has received, they might have bought the "corporate greed" line or something else. Takes work to undo the statism...


When it comes to nostr and getting attacked or censored by the state, surely the state would prefer to go after 'offending' freedom relays before they go for apps?

Maybe it'd end up like how the pirate bay kept resurrecting to different mirrors, servers and countries?


HODLing and using Bitcoin can be a strange path to follow. At first, you want to try and 'save people'.

Then after a while, you realise you can't save them because lots of people don't want to be saved.

Help the people who are willing to listen, and be patient about it.


Congrats Alex!


psa: @btcplusplus berlin has talks + agenda posted!!

https://btcpp.dev/ecash#agenda

by the way, this is the earliest that i’ve *ever* gotten a schedule posted 🤣 all credit due to nostr:npub1rpes5hhk6mxun5ddt5kecxfm8y3xdr0h5jwal32mc6mxafr48hxsaj2et2 for helping me stay on top of it


MEMPOOL ACCELERATOR LAUNCH PRESENTATION AT B24.

BIG THANK YOU TO THE  nostr:npub18d4r6wanxkyrdfjdrjqzj2ukua5cas669ew2g5w7lf4a8te7awzqey6lt3 TEAM. THIS WILL BE AN INCREDIBLY USEFUL TOOL IN THE YEARS TO COME.

CRUSHED IT  nostr:npub1uvl7vhclmezvdhqha6eclkksln40rjhgwgsggvew683jf93fr4pq3mq3sd. 🫡

https://cdn.satellite.earth/cd4a114ea552d7b7bd849b1be404999813a826b997433805d03fbaaa2bde42a5.mp4


People  will soon understand that Nostr is an entirely different type of network than anything they've seen before.

I am not just talking about censorship resistance and user sovereignty. A new breed of applications is now possible. We'll show how good those apps can be.


Coldcard Q and nunchuk on your phone is pretty easy. You just need the Q and some batteries, and the rest can be done with QR.

I could probably do a video tutorial on this if there's interest.


Why does  nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 not like USB? see why in this clip

https://m.primal.net/KdQU.mp4


Yeah interesting insights. People want things to be 'real' but the attention-economy model doesn't seem to allow for that.


"Liquid is not that different than a fedimint or an ark. All of these solutions are trying to share the cost of a UTXO." -  nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp from   nostr:npub1jugar2agq6369p0l86razavs9shj2p6pscxecevs8j94ap37hkqsjlfc28 explains some similarities and differences between Liquid, Fedimint and Ark

https://m.primal.net/KbtW.mp4


Just doing clips on nostr for now. Full show on nostr probably isn't the right call yet


Why is the Full Reserve Banking vs Fractional Reserve Banking issue important? Philipp Bagus explains

https://m.primal.net/KZvj.mp4


Learn how Stable Channel software, pioneered on the open-source CLN Lighting implementation works with Tony Klausing on the  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk podcast.
https://youtube.com/shorts/BOVxw-fglvA


What are some of the most common ways people lose their Bitcoin?

 nostr:npub1su60ga79paqea8kgkp52qeq4eduhtexc957m8utg4704xddprf4szmsu60 and  nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 explain…

https://m.primal.net/KUdy.mp4


58k gang will have the last laugh. Even after this coming cycle top, for all we know, 58k could be the bottom of the next bear cycle...

nostr:note1latl6zv4pjdj9pl6s4vw2ln9rk4u08tqqfexceh69s4jul8ygtms9ja0u3


Congratulations Elysium Lab on bringing non-custodial Lightning payments to life in your app with the  nostr:npub1jugar2agq6369p0l86razavs9shj2p6pscxecevs8j94ap37hkqsjlfc28 SDK Greenlight implementation!

nostr:note1e964ayh8wm4d7hvn5pwmg3csxvgflsjcw3way2ctky84kh9ztd0q9la2c0

Curious how Greenlight and the new  nostr:npub1nyyhnqahf3cgqzcc927x7eqyd2msgplfe27ddn6hpgu2m200wh2s0s7gan nodeless Lightning integration fit into the Breez SDK?

Breez CEO  nostr:npub1ey6qdmvzcgcsr883m9nspzz0mm037l26xtardzcskfsvc6gc7jssm9szvp breaks it all down on the  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk podcast. ⬇

https://youtu.be/sgaTlU2pEPs?si=OljPcSiH1H-aGUPZ


my latest episode with Philipp Bagus on Full Reserve Banking vs the "Real Bills" doctrine of Juan Ramon Rallo. We also touch on full reserve in a bitcoin world, and his thoughts on Milei in Argentina.

I think understanding the full reserve question will be important for the development of the bitcoin ecosystem so make sure to tune  in and understand what it's about.

https://stephanlivera.com/episode/600/


I love sparkling water. Maybe it is an acquired taste though.


So don't the Zuckerberg censorship revelations mean the 2020 election was stolen?

Will Biden or Harris face any consequences for this?


this is actually why I was hesitant to just post full episodes on here. will probably just do shorts here


cool yeah I'll try posting some shorts


Thoughts on posting videos to nostr? is it clunky or works ok nowadays?


High T fixes communism.


Eventually, the amount of #Bitcoin stacked daily by the DCA crew will exceed the amount of liquid Bitcoin issued + available.

The price will go up daily, and it will fulfill its destiny as the best savings technology ever invented.

This is the Bitcoin Ratchet theory.

https://m.primal.net/KPVP.gif


Loved this interview between  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk and  nostr:npub126pll3ll3fej2egnt2k4dn0ljn46ekdxzmgnzwh23t2g53rtl6vs5ca7vm

Feeling pretty motivated to #getonzero but gotta convince my accountant first

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


mistag, I think this is the right  nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle


It's insane to me how bald-faced the lies from Macron are. He claims to support free expression, but apparently for him this includes coercing software devs and entrepreneurs to help the state spy on people or control what may be posted?


My latest with  nostr:npub1dtgg8yk3h23ldlm6jsy79tz723p4sun9mz62tqwxqe7c363szkzqm8up6m on his book, The Bushido of Bitcoin

https://stephanlivera.com/episode/590/


HRF is a proud supporter of free and open source Nostr development and we are happy to be here!


Why are some bitcoin blocks empty? Orange Surf from the mempool space team joins me to explain his recent research report on this topic. We discuss:

Why do empty blocks happen?
Comparing empty block rates across mining pools
Firmware and config differences

https://stephanlivera.com/episode/588/


Today: One Federal Reserve, ~20,000 fiat banks worldwide.

Future: 10 million+ Bitcoin/Lightning banks, with no central bank and no bitcoin bailouts.


Made a bet today with a skeptic that Nostr will have more than 1M weekly active users by Jan 31, 2026

We are at ~35k today

That’s about 18 months from now

LFG 🚀


The Liquid Network had covenant-enabling opcodes like OP_CAT and OP_CSFS before they were cool.

Learn how and why they’re being utilized to create a version of  nostr:npub1hf5sgehj874r3y2hps9r36qap20cffauc7t895var2ajlsg32mcqa7dp8n on Liquid with  nostr:npub1w4sf3hsedukh33akdn5duld2yc5jlk6s02shur8553j0a59sm3jscws08a on the latest  nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk podcast!
https://youtube.com/shorts/GRPPQDdcEYg

See the full podcast with Marco Argentieri and Stephan Livera, Head of Education  nostr:npub1tftc33ttam85wraffce62cgtvvjrmttquqlv6a0agtfm5nl4vues82xar5.

https://x.com/stephanlivera/status/1803099014667063451
Learn about the covenant implementations on the Liquid Network lead by the Blockstream Research team.

https://blog.blockstream.com/covenants-in-production-on-liquid/


Listen nostr:npub1w4sf3hsedukh33akdn5duld2yc5jlk6s02shur8553j0a59sm3jscws08a on nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk podcast talking about Ark and Bitcoin scaling.

https://youtu.be/yCqFLzD6lEY


Bitcoin Ossification Debate with Vijay Boyapati and nostr:npub1su60ga79paqea8kgkp52qeq4eduhtexc957m8utg4704xddprf4szmsu60

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/rEp9z0XBjePj5LUb3px3


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

I attended BTC Prague 2024 as a contributor to Stratum Reference Implementation (SRI)

I helped the SRI community deliver a hands-on workshop during HRF dev/hack/day. We had very positive engagement from Hashlabs Mining.

We also spoke with some relevant industry players, including:
- Demand, which is trailblazing SV2 adoption with the Job Declaration protocol. I'm very bullish on how they are decentralizing mining by allowing their hashers to select transactions.
- Braiins, which gave us a sample of their new BMM100 (SV2 enabled Home Miner). It will allow us to test SV2 interoperability between SRI and BOS firmware.
- Marathon, which gave us a sample of their new UCB2100 (Antminer Control Board).
- Ocean, whose community of hashers could benefit from an off-the-shelf FOSS SV1 Proxy solution and reduce the incidence of empty blocks being mined on their pool.

My key takeaways with regards to SV2 adoption:
- Demand is writing some awesome libs based on SRI. I'm excited to record some live coding screencasts with @Fi3 and share that knowledge with the community.
- The Bitcoin mining industry has fragmented SV1 standards
- players are eager for SV2 enabled firmware but also working new standards for encryption and binary encoding on SV1
- FOSS SV2 firmware has great potential to boost adoption (e.g.: github.com/plebhash/cgminer-sv2 🙏)
- Industry players will adopt SV2 when they are ready, and this will be a gradual transition.
- Bitcoin is at its healthiest when hashpower flows easily across different pools
- INTEROPERABILITY INTEROPERABILITY INTEROPERABILITY

⛏ plebs be hashin ⚡


Please listen to Livera’s podcast with NVK. It’s not possible for everyone in the world to have their own UTXO and use it for everyday transactions. It never was possible. This “dream” — that people have that everyone can be self sovereign — is sold by folks who are idealistic but haven’t done the math.

I would love it too if everyone could be self sovereign. It’s just that I understand the limitations and I’m not willing to chase an impossible dream and compromise the decentralization of the protocol.

If you disagree, do the math. Show me how everyone in the world can have their own UTXO and make everyday transactions on L1 with self sovereignty.

Our objective is to replace central banks. Unfortunately most people in the world will be using bitcoin ecash. It’s not true self sovereignty with their own UTXO but 1000x better than the current system where central bankers control our money and print it at will.

nostr:note18w5gf2f84k4zfazs6hscr2n7tt2f85xt8ycdeedgjhchnz88rlds04q4fl


Really enjoyed this podcast. Thought it covered the issues very well. nostr:note18w5gf2f84k4zfazs6hscr2n7tt2f85xt8ycdeedgjhchnz88rlds04q4fl


 nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8 of  nostr:npub1wu4aye7ll0lnrrg638e90sehzsgpzx5t39t3mwl05aa0d0ap08esdz3vw0 on Bitcoin Ossification and Changes SLP582  rejoins me to talk about attitudes on Bitcoin development and consensus changes. We discuss how “ossification” is commonly thrown around, but maybe there is a better term.

https://www.youtube.com/watch?v=ccu6Chk3Xbg


HODLing Bitcoin is easy mode.

Profitably growing a business in bitcoin terms is hard mode.


So interesting! German savings culture is very similar to Koreans‘. I remember getting a „Sparbuch“ a little savings booklet from the Berlin Postbank when I was little. The account was in Deutsch Mark (before the Euro) and it gave me 4% interest. I learned about compounding at a very young age.

No wonder so much money is held in cash in German bank accounts today. That‘s what we were taught to do when we were little. Btw 70% of deposits in Germany today are held in small regional community banks and credit unions. This is also why I‘m so excited about Fedimint. The model fits our culture very well. nostr:note1t7tgm392q0g7zazd8htel4gryg6d3venk8j6ez4l9nfe90s0mdcqx8wtzz


“They (Koreans) want to save, they want long term capital formation…the problem is, in a savings based culture with fiat money, you’re just stealing from everybody and that’s unfortunately what the govt here has done for a long time. I see Bitcoin fitting hand-in-glove with the culture that craves savings - there are so many people within Korea that want to save.” -  nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42

https://m.primal.net/IadM.mp4


BitcoinSeoul 2024 Interviews SLP581
I caught up with some of the speakers at Bitcoin Seoul, including  nostr:npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42  nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak  nostr:npub1kp7jzme0qs3wcqjjmkq6v5fm359sclhc22glhadgtmerlr0h37nsn8487l Calvin Kim Gloria Zhao and Laolu (roasbeef)

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


Silent Payments is a new approach to improving privacy and useability of Bitcoin. Imagine not needing to manually create new addresses? Josie and Ruben Somsen join me to discuss how it's possible.

Silent Payments overview
Contrast with other techniques such as BIP47
Light client support
Stopping address re-use
Base layer privacy discussion

https://stephanlivera.com/episode/579/


Funnily enough the next episode I'm releasing is on silent payments! We can and should get both


Checking out Nostr after hearing podcast of nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk


HODLing Bitcoin can be a crazy ride, one day it can seem like the world is against you, and then other days it seems like everything is working out in favour of Bitcoin.

Don't make rash decisions. Do your best to be calm and long term focused.


This will be interesting. Need to listen to it later after-work
nostr:nevent1qqsvx8l3nfu69czwmaz26k04s4t9wdhxez08gj9rv59kvhr2utmfn7spz4mhxue69uhkummnw3ezummcw3ezuer9wchsygqelm7h7wwfd5hlwmu87a384eu3gk7fw8v2kgeq2qze8xj6jyau9upsgqqqqqqs6wu6xd


FWIW I didn't notice any different dynamic in this interview to our prior interviews?

The more 'natural' the conversation flows between host and guest though, generally the easier it is for listeners to follow. So I'd say do what feels more natural to you.


Skot joins me to talk about his project to bring affordable, energy efficient, open source mining to home miners. We discuss:

The current state of open source in bitcoin mining
Bitaxe overview
Why do people do this?
Price and how to set one up
Mining pools
Decentralisation

https://stephanlivera.com/episode/578/


thanks fiatjaf!


Do you know what a Payjoin is, anon?

If not, listen to this clip from episode 576 of the nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk podcast w/ nostr:npub1yevrvtp3xl42sq06usztudhleq8pdfsugw5frgaqg6lvfdewfx9q6zqrkl

#privacy #bitcoin

https://m.primal.net/IKNW.mov


At least listen to the podcast. This is more like adding back old OP codes that used to be in the protocol, but in a safe way.


 nostr:npub179e9tp4yqtqx4myp35283fz64gxuzmr6n3yxnktux5pnd5t03eps0elz4s of  nostr:npub1jg552aulj07skd6e7y2hu0vl5g8nl5jvfw8jhn6jpjk0vjd0waksvl6n8n rejoins me on the show to talk about a new idea for a bitcoin soft fork that hopefully avoids some of the ‘horse trading’ dynamic that existed amongst other proposals. Listen in to learn more about the different paradigm that Rusty introduces here, so that developers can build more functionality and efficiency in, hopefully so that more people can use Bitcoin in self-custody.

Bitcoin Script background
GSR overview
GSR benefits
What is varops
Contrast with APO or LNHANCE?
Will it enable shitcoins and spam?

https://stephanlivera.com/episode/577/


Yes yes yes. More payjoin. nostr:note1dm0vepgd2c29tm7dl75klkuwck60pgu5pxxzjnu3mq8rmnul2l9qsan9kq


 nostr:npub1yevrvtp3xl42sq06usztudhleq8pdfsugw5frgaqg6lvfdewfx9q6zqrkl of PayJoin Dev Kit (sponsored by Spiral and Opensats) joins me to discuss how Bitcoin privacy could be improved with more PayJoin adoption. What’s more, it might also benefit users in consolidating their wallets or potentially even fee savings. We discuss how this could be integrated into more bitcoin wallets.

https://stephanlivera.com/episode/576/


The Bitcoin Policy Institute is preparing to help defend open source Bitcoin devs against predatory legal action.

👀 http://p2prights.org


In other news: Blacksmith sentenced to 48 months jail; his knife was used to stab someone. This follows the incarceration of an automobile manufacturer, as one of his cars was used for a bank heist. https://image.nostr.build/e752e49812e7ca4fa733e1858dda24192deaf733ef261d7de26e120111f21fa6.jpg


Rapha Zagury, CIO of Swan and Head of Swan Mining rejoins me on the show to talk about a range of topics, from Brazil’s flooding, Bitcoin Mining, Capital Structure, as well as share some insights on speaking to TradFi professionals about Bitcoin.

https://www.youtube.com/watch?v=CiaABJ8aVSI


Two things that we're building:

- There are going to be Cashu mints that will only be reachable via Nostr. They won't have IP addresses but npubs.
- There are going to be Cashu wallets that synchronize state across devices via nostr. No cloud.

Not everyone will like this but it doesn't matter because it can't be stopped.


Great show!
nostr:nevent1qqsgk6hky0yrmcu5uc9n3nyn37ttjz7t7rzvhydhnf06xltsmq44ukqpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsygqelm7h7wwfd5hlwmu87a384eu3gk7fw8v2kgeq2qze8xj6jyau9upsgqqqqqqsqr8s4j


The recent BTC++ was a 'meeting of the minds’ for a lot of bitcoin developers, and Brandon Black aka reardencode rejoins me on the show to discuss. We talk about:

Various covenant proposals
What has shifted now in thinking
The promise of Great Script Restoration
Could it have bad side effects?
Doing good engineering

https://stephanlivera.com/episode/573/


 nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr from  nostr:npub12vkcxr0luzwp8e673v29eqjhrr7p9vqq8asav85swaepclllj09sylpugg joins me to talk about why Bitcoiners should not sleep on Nostr. We chat why he’s bullish on nostr, the experience nowadays, network effects for creators and devs, spam and sybils, and why openness is the killer feature.

https://stephanlivera.com/episode/572/


oh sorry I misread you, my mistake


signal has usernames now


Many Nostr users know that the Signal protocol is a very secure end-to-end encryption protocol, recommended by Snowden. However, many people do not know why the Signal protocol is secure. In fact, the design of the Signal protocol has a historical basis and is very intuitive and simple.

End-to-end encryption protocols have gone through three key stages: the PGP (Pretty Good Privacy) protocol of the 1990s, the OTR (Off The Record) protocol of the 2000s, and the Signal protocol of the 201x.

PGP achieved end-to-end encryption through public key encryption. But if a private key leaks, all [past and future] messages can be decrypted. No [forward secrecy] and [backward secrecy].

[[In the PGP protocol, the identity key and the encryption key are the same; it serves as both the identity and is used to encrypt messages.]] [[As an identity key, it is a long-term key, and the longer it is used, the greater the likelihood of private key exposure.]]

The OTR protocol solves the problem of PGP. Its approach is simple: [[it separate the identity key from the encryption key and generates a unique encryption key for each conversation, which is deleted after use.]]

The Signal protocol inherited ideas from the OTR protocol. It mainly consists of two parts: the X3DH protocol, which is responsible for the initial key agreement, and the Double Ratchet Algorithm, which is responsible for deriving encryption keys. [[The Signal protocol derives a new encryption key for each message, which is deleted after use.]] It achieved better forward and backward secrecy.

BTW, the Signal protocol is not equivalent to the Signal app. WhatsApp also uses the Signal protocol for end-to-end encryption. The Signal protocol is only responsible for the end-to-end encryption of messages, meaning only the communicating parties can decrypt the content, not even the server administrators.


Interesting dynamic here with some users wanting to delete their answers off of StackOverflow but the site is keeping them.

In some ways nostr is the opposite, no? As long as relays have your content, you can't delete it.

But muh EU "right to be forgotten". Which funnily enough always seemed like a statist imposition.

For better or worse, the internet is forever.

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


Listen to nostr:npub1ug8c5wp6chs4xessrstq3mj0x0agkttey5xwk26632a2gw22de7qkfd9ry and reject ossification

nostr:nevent1qqs0gqdljjqus8cv0keqalsfsadyzrfltyz08ma48ucp7yjljwqpnwspz3mhxue69uhhyetvv9ujuerpd46hxtnfdupzqx07l4lnnjtd9lmklplhvfaw0y29hjt3mz4jxgzsqkfe5k5380p0qvzqqqqqqya6u5f9


GM
https://m.primal.net/IEGn.jpg


so many people are going to get rekt by the belief that property values only go up!

property NGD in bitcoin terms


perhaps a special case for the USA


thanks


will do


21m

nostr:note1glruthnz6lswdzvvhfqteer0lj44234ve7z98rlkxuku6w6gzvnszqj0le


For me, 2024 is all about helping expand the reach of #Bitcoin tech to as many people as possible.

Recent actions by governments worldwide show that our time to act is limited. While I don't see any chance for Bitcoin to fail, there will be a big struggle over how many people will meaningfully join the network.

Amid rising BTC/USD rate, noise from those preoccupied with their self-centered agendas, and outright scams pushed by bad actors, it's challenging to stay focused and ensure you’re part of Bitcoin's bright future.

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

What I’ve done over the recent months was all to push forward components that I see as critical for Bitcoin to reach as many people as possible:

- Voucher Plugin: I demoed this with  nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m to show how we can have this tech as part of FOSS stack and streamline onboarding people through a network of merchants. In the second half of 2024, I will release the final version, once all other pieces are in place.

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

- Bolt Card Functionality:  nostr:npub1zfytz6ktce3av2svlfpl0e79e44tnskxmvlpkcmc7q0xct3qa49swvm60l integrated it directly into  nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg, and we battle-tested it during  nostr:npub1h493d0qgwhu95s82zd9sxrt3ckn3ttgvaf04z02neckadxw5fkvqte4cwz. The final release is coming soon for all who want to create their own Bolt Card Banks.

- Point of Sale: The work that  nostr:npub1za04drthlvxtwsq0phwc4mgh8rxhjafjkv2w7pf6ze5afka8gvaquadur3,  nostr:npub1y24gz5gwucl79vtv4ctwpysl0r5m4xyzu2rgulnr44ks3t5mt92q4nz2ad,  nostr:npub14j7wc366rf8efqvnnm8m68pazy04kkj8fgu6uqumh3eqlhfst0kqrngtpf,  nostr:npub1qm72nur0wn8cdgt0unp0amzssuqxg03tzpd4r87e856nxtz344fs6g74md did along with other BTCPay contributors over the last year on this front has been amazing. And then  nostr:npub13ljnkd633c7maxatymv3y2fqq8vt3qk7j3tt0vytv90eztwgha9qmfcfhw plugin along with Bitcoinize device creates a perfect setup. I’ll continue to support and participate in POS deployments because refining this technology is crucial, so it’s the best possible for circular economies that want to deploy it.

- Payroll Plugin: I'm dedicated to solo development and evangelism whenever possible - I derive a lot of motivation from now seeing how many Bitcoin companies use this plugin to streamline their monthly payouts and save time.

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

- Evangelizing: I won’t just promote stuff I develop - with PayJoin/CoinJoin videos I have promoted great work others did; work that now can be critical when centralized coordinators are shutting down.

- Supporting Creators: Those who cover efforts and create content around what FOSS contributors develop will always have my support. That’s what my trip to  nostr:npub1rjtrs7xqdvj3588r9njrexh2n750j7jdwx9qs543nutmdsj6ljaqpfmp8a with  nostr:npub1rj7eh0eu3skwcyr5adpcjwxft9z4yjdspjryq6gynqw2j49f9a3quqjpw2 was all about.

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

- Nostr: Any additional time I have will be devoted to Nostr until #Nostriga. I've invested considerable time in the past year and a half helping organize events around the protocol I see as the one that will bring freedom of communication to masses. I hope you've enjoyed them.

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

So, if you ever see me, Uncle, doing something and wonder what is behind it - see this post.

Number go up, but also number of Bitcoiners go up. That’s what it’s all about for me.

And any help and support you send to ensure we succeed in this mission will be appreciated.

✊🗽


Normalize the term 'tax cattle'


just recorded a great podcast with  nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr

Hope you guys enjoy it! it'll be out in a day or so


Thanks Frank!


Peruvian Bull, a macro writer and commentator joins me to explain what’s happening with the Japanese economy and how it all ties in with the dollar end game. We discuss:

The impossible trinity for Japan
Japanese government debt
The global JPY carry trade
The impact on the US financial system

https://stephanlivera.com/episode/571/


I didn't believe that they had to do that at that point.

But I was also wrong to say that, given the recent events I see more clearly now.

It is wrong and unrealistic to expect martyrdom.


We should all do what we can, speak out for the cause of bitcoin self custody and financial sovereignty, build what you can and teach who you can.

But I think it's fair to draw the line at not expecting people to 'martyr' themselves at the hands of the state.

For e.g. when I see nym accounts attacking public name and real face people for not being perfectly non-KYC pure, it's just cringe.

You expect that guy to just 'go to jail for the cause'?

Come on now, just encourage people to play their role as best they can.


Yea I've heard about that! So many in the EU just asleep at the wheel. They're crying about muh climate scam and racism while all this tyranny is going on.


The EU may just not make it. People need to speak up against EU tyranny, over taxation and over regulation.

nostr:note1uh0wm9x60482vfm09dyeyf6r2h5e9zhuv8rrpnke4amtm5y4xehs7y2sg6


If you’re not already running your own #Bitcoin node, you probably should be! If you are, then help a buddy who hasn’t quite got there yet 🤝

Build on on old hardware:
nostr:npub1txwy7guqkrq6ngvtwft7zp70nekcknudagrvrryy2wxnz8ljk2xqz0yt4x ‘s Ministry of Nodes YT channel gets you there

Buy a pre-built node:
- Ministry of Nodes
- MyNode
- Umbrel
- Ronin
- Nodl
- Start9

Go on .. go make it happen! 🧡


 nostr:npub1w69ya7xs697hk3hky3gllryz8rwverfa0ylz89chf9qnhfcskc2s64zltw of Zaprite rejoins me on the show to discuss recent updates in the space and what’s happening with Zaprite and merchant adoption.

- “Then they fight you” ?
- Chilling Effect
- Zaprite
- Getting Bitcoin Payment Rails Ready
- Gradually, Then Suddenly
- Why hope should not be lost

https://stephanlivera.com/episode/570/


It's time for Lightning⚡ and it's time for BOLT12🔩
 https://image.nostr.build/a1432b1a98f5b8b541b4fcf13cc3f38e8fc6b4f93ba1fec9d7da3ce636c707c7.jpg

As of today, OCEAN miners can attach a BOLT12 offer to their #Bitcoin address and get paid out over Lightning!

BOLT12 offers allow us to request multiple invoices for any amount while only requiring the miner to set things up once.

Miners simply sign a message containing the offer using the private key associated with their Bitcoin address.

Using BOLT12 also allows us to prove to the world that a payment was made, the size of the payment, the node to which it was paid, and that it was paid by us.

This means we can continue to offer fully transparent and verifiable pooled mining while no longer being restricted by the base layer!

Using the Bitcoin stack to its fullest is how we eliminate the need for trust and bring sovereignty to mining.

https://ocean.xyz/docs/lightning

https://newsdirect.com/news/ocean-innovates-bitcoin-miners-offered-first-ever-lightning-payouts-using-bolt12-946331135


Did you listen to the episode though? Perhaps "Slow and Steady" is a better idea than straight up "ossification"


nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
https://image.nostr.build/d5888123702e4fabe690ae8aad7b308340ffd2245a205cd61fa041ca55ca3b1b.jpg


They sound similar but ossification, being conservative with changes to bitcoin that could have unintended consequences, is very different from ostrichification, which is the reason you’re all reading this.

nostr:note17sqml9ypeq0scldjpmlqnp66gyxn7kgy70hm20esruf9lyuqrxaqmhyp67


A lot of people talk about Bitcoin Ossification. Today Steve Lee, Lead at Spiral rejoins me to expand on why this is the wrong idea. We also talk about the recent situation with bitcoin mining  pool centralisation and what is driving it.

https://stephanlivera.com/episode/569/


End AML and Sanctions laws. They are a complete fiat scam.


“Arbitrary and capricious”, two adjectives that provide a strong foundation for any democracy….. 🫡


Great post, I do wonder if it's even possible to do today given the extra surveillance


Did you ever stop and *really* think about what it means to "do a Satoshi Nakamoto"?

Context for my weird question: I have met many, many bitcoiners over the years. Many of them take a stab at keeping privacy by doing some combo of: not revealing name, not revealing location, not revealing face. Etc. So often, if I happen to meet them in person, they end up revealing the things that they were hiding online. Quite literally a mask came off (pre covid!) once we started drinking - a simple, funny anecdotal example of what I mean. Many complain about photos being taken, many focus on always using a pseudonym. I'm sure most people reading recognize these patterns of behaviour.

I can see the purpose, up to a point, so this is not criticism. It's a little like me doing coinjoin "here and there" - you don't expect to defend yourself against a hyper powerful aggressor, only against a casual criminal looking for an easy score.

But if you do want *real* defence against *strong* attackers, you have a huge problem. These half-measures will be useless, perhaps worse than that, if you get overconfident, because the determined investigator only needs *one* strand to pull on, and the measures I describe above, which are almost always rules only half-stuck to anyway, don't cut it, at all.

Which brings me to my point: is it even possible to "go all the way"? Clearly it is; Satoshi Nakamoto is not the only person who's ever done it, but it's pretty damn rare at the very least.

Imagine what it would mean. If you are engaged in a serious project, that takes let's say at least a year's worth of full time work, then you are going to do that for no reward. Not just, no money, people do that quite often when it comes to things they genuinely enjoy, but no recognition, no social context, not even "oh I won't bother you because I know you're busy with that project". Nobody will say that because nobody will know. Imagine doing a full, intense 8 hour day of work (more likely, split over many days) and knowing that there will *never* be a direct reward of any form, for that. And then doing it again, and again.

What's more, you don't just "not get a reward". You have to do almost double the work, to ensure that at every step, every pushed commit or technical discussion, does not expose anything at the network trace level, or the language, vocabulary etc. Managing tricky pseudonym accounts, handling the headaches of Tor etc. I'm not trying to say it needs super-genius level tech skills, I'm trying to say it's a massive amount of effort.

Could you do that? I daren't even ask the question of myself, because I'm almost sure it's a no. But to *imagine* where that kind of motivation would come from, that's what fascinates me.


Use this one weird trick to know if you are a money transmitter!

Lots of people are so confused lately and unsure if they can operate in the US.

Here's the one simple trick they don't want to you know:

If the US government doesn't like you, you're a money transmitter!


One day, it would be nice to see a well-capitalized challenge to the Bank Secrecy Act on 4th amendment grounds.

The Founding Fathers would be rolling in their graves if they saw that people need a license to transmit money, or that the government thinks it has the right to surveil and censor everyone’s money and transactions.

The default is privacy. To infringe on someone’s privacy should require probable cause and come with checks and balances. Ubiquitous surveillance shouldn’t be the default, since it enables tyranny. https://image.nostr.build/59d050b8cf8f75a3d469e83812a0be6681bcad506e63bc0bf4417cfece14d0b8.jpg


nah I'm also interested in LNHANCE. but not trying to rush things


Really enjoyed this one, well worth listening to!

nostr:note1h3uc2rqz98apjkkarracye9ux2mf88g2qpet82964stuqjduancqy75zyx


Great Consensus Clean Up would be good. We also have to fix the UNIX timestamp 2106 bug. So those are at least two.


Yes it's his business, but he also left America before making that his business if that counts for anything.


Nah, stop running intellectual cover fire for retardinals


You're missing my point? I'm saying ord is distinct from Bitcoin.

Whereas retardinal shills try to help run intellectual cover fire for the spammers/scammers.


Lots of people don't see it that way nowadays. Not sure if you've heard this ep of mine with Andrew Henderson, we talk a bit about how and why he renounced American citizenship in favour of life abroad. https://stephanlivera.com/episode/564/


'Rare sats' don't exist in Bitcoin.

They exist in 'ord', a separate protocol.

Affinity scammers want you to believe these are the same thing.


I should probably clarify a bit, I'm not saying all builders will go elsewhere. But just look at how many non-US builders are speaking and acting.

Quick examples: WoS, Phoenix, Synonym, Blink are all effectively saying "the US juice is not worth the squeeze".


Genuinely not hating, but I think a lot of Americans are super-America-centric in their worldview. They'd do well to travel and work/live overseas to see how it is in other countries.

Very different taxation, regulation, culture, lifestyle possibilities out there.


Yeah fair point but remember there are ~195 jurisdictions on earth. Not all are totally subservient to the USA and 'western' countries.

Think about places in Asia, the Middle East, South America. And even amongst 'slave states' there's a lot of differentiation in tax and other regulatory policies.


The USA is influential but it's not the be all end all. It represents about 4.1% of global population.

Seeing some companies shut off  US customers is sadly a reflection of a bureaucratic and regulatory superstate gone mad.

Builders will build for other jurisdictions.


I'm guessing, but they might block USA IPs from accessing it


They will probably have to ban US IP's or do some other filtering to not have US customers.

Think back to what happened with BitMEX when they got in trouble for serving US customers on VPN...

Of course, not happy about this state of affairs but that's what it looks like for now.


It's unfortunate that the US government is so tyrannical on financial services.

Lots of overseas banks don't even want US customers because of the regulation and bureaucratic headaches.

Sadly it looks like the parallel is happening in Bitcoin world too.


Zeus wallet have said they'll stick around


Will Bitcoin company product offerings go like shitcoin casinos? They'll have an offshore offering with the best stuff, and then their nerfed US versions? ala Binance US or FTX US

Or perhaps they'll just totally exit the US altogether ala Bitfinex style

Just a guess at this point.


Sad to see this. Perhaps this is the 'balkanisation' of bitcoin and lightning offerings for US vs non-USA customers.

It looks like the USG won't be comfortable with non-KYC LN apps for US users. But let's see how it pans out and if other apps follow suit.

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


 nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, author, entrepreneur and founding partner of Ego Death Capital rejoins me on the show to talk about his bitcoin advocacy at various levels:

Speaking to politicians about bitcoin
The system you give energy to
“Staying and fighting” in Canada vs supporting alternatives e.g. Madeira
‘Coincidental’ attack on Bitcoin?

https://stephanlivera.com/episode/568/


nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk and nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z great chat, very timely, level-headed.
Hard to get this density of nuance and insight.

https://stephanlivera.com/episode/567/


How do you think about investing as a bitcoiner?  nostr:npub1s5yq6wadwrxde4lhfs56gn64hwzuhnfa6r9mj476r5s4hkunzgzqrs6q7z of TIP rejoins me on the show to talk about a range of related ideas:

HODL vs invest in companies
Microstrategy and other public companies
VC and early stage investment
Realistic investment hurdle rates
Technical realities as bitcoin grows

https://stephanlivera.com/episode/567/


Dmitry Nedospasov is a PhD in Chip Security, also known for his hardware wallet exploits in 2018 with the wallet.fail talk. Dmitry joins me to talk about hardware security in the world of bitcoin and how it compares with hardware chip security in other domains

https://stephanlivera.com/episode/566/


My latest episode with Steve Lee and  nostr:npub185h9z5yxn8uc7retm0n6gkm88358lejzparxms5kmy9epr236k2qcswrdp of Spiral - we discuss the Great Consensus Clean Up, MEVil and whether LN is dead

https://stephanlivera.com/episode/565/


It’s about the quality of the money with nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk at nostr:npub15t3qpnzd9h6lgh5zfeywl5353nefpjv6fls4lg6yqy2rypzslyas5cc8rq https://image.nostr.build/5718decda57e840cd1b2ba4b7274d6f28df71567b7a9366bdea733600cba7f04.jpg


The blocksize war wasn't so much about the blocksize (or, even, scaling Bitcoin). It was really about who controls the consensus rules and how we upgrade the protocol.

For context, a bunch of startups raised tons of money between 2013 and 2016 based on ridiculous user sign-up projections and then we had a long and painful bear market and they were looking for scapegoats (the developpers that were "throttling the network") to justify the lack of growth. I am thinking here specifically of Coinbase, Bitpay and Blockchain.info.

The vibe I got is that they thought of Bitcoin itself as a corporation, that they were the equivalent of Bitcoin's board of directors because they represented the interest of VC investors, and thus they were entitled to decision making power over the network.

I don't doubt that a few people were genuine about scaling p2p e-cash (e.g. Roger Ver) but I suspect what really motivated them is that they believed control of the Bitcoin network would be an asset to their business interests, and lack of control was being used as an excuse to why their interests weren't being satisfied.

There was also a bunch of developers that I believe may have been afraid of losing their relevance (Gavin and Garzik specifically). Regardless of their intentions or psychology, it seemed clear to me that the consortium of vc-backed startups (particularly Bitpay, Coinbase, blockchain(.)info and Roger) had picked a team of developers they thought they could control and wanted to appoint them as a technical management team whicn would execute their strategy, and these guys were willing to step up for that role.

I was physically in the room when the CEO of Blockchain.info (with the very obvious support of Coinbase CEO Brian Armstrong) announced that Bitcoin Core devs were being fired and would be replaced. This was after a couple days of failed discussions with other industry people. This was the moment when I realized what was really going on.

And finally, you had a Bitcoin mining giant (Bitmain) controlling both asic production and mining pools with a vested interest in promoting the idea that Bitcoin was a democracy and the way to vote was to buy hashing power. The main ideology being pushed here was that a formal governance mechanism of the protocol needed to be established and that hashrate was the only objective measure of who makes decisions.

The underlying big blocker ideology was that the chaos of spontaneous consensus of nodes is unpredictable, flimsy, bad for business. The absence of a formal governance process was seen as the root cause of the issue.

These companies really believed they could control the protocol, and controlling development of the protocol was seen as a very valuable asset to your company. I imagine they thought of themselves as the founders of a new consortium that would solidify itself into a permanent institution. The business interests would pay developers and set the goals, and the mining interests would ratify their decisions with hash power voting. That was their plan.

This became blatantly obvious when Bitmain used its refusal to activate segwit as leverage to get what it wanted (a blocksize increase and recognition of its hashpower as a vote mecanism) even though Bitmain iself acknowledged it was not really opposed segwit.

It was classic traditional politics: I'll give you segwit if you give me something in return.

This is the language the VC suits, investors and tech startup people understand and they were very happy to "negotiate" and find "consensus".

This eventually materialized into the New York Agreement, negotiated literally as a backroom deal during theConsensuss shitcoin conference. I was there and I refused to attend.

This (private) meeting consecrated the alliance of startups/investors and bitcoin mining interests in their appointment of a technical management committee. If you think this sounds like Jekyll Island, you're not alone.

They packaged segwit with a blocksize increase (Segwit2x) and decided to force a hard fork as a condition to "allow" us to have Segwit.

We know the rest of the story: we ended up activating anyway via UASF (or more precisely, the miners activated Segwit after they New York Agreement signatories became scared UASF would lead to a chain split which they were going to lose). And the blocksize increase was also abandoned shortly after when they realized their hard fork would cause a chain split and that they would not be able to claim that their new shitcoin is the real bitcoin.

All these people were subsequently were very pissed off they couldn't control the network, which they thought they were entitled to. Some ragequit, others created a bunch of shitcoins out of spite, Roger went on to spearhead BCH as the real Bitcoin, all these fools realized they might as well make some money off of it, everyone went all-in on the shitcoin casinos after that. The "small blockers" eventually went on to evolve into the Bitcoin Maximalists and cypherpunks that today tell you to run your own node and own your own keys.


The Future of Bitcoin Banking with nostr:npub1m7fjc8z7t00jzrgkfm4kzvnv4chf04rq9ykpke0rpe0ke2kud24qmg0l4p Yakes

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/W61PZf3GoRBXC2ceMbu3


Where Did Bitcoin Come From? The Genesis Book with nostr:npub1art8cs66ffvnqns5zs5qa9fwlctmusj5lj38j94lv0ulw0j54wjqhpm0w5 | SLP 544

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/jmmqRHb7X8gzVu3mRaaC


Swan announced that they have a sizable mining division (4.5 EH now, going to 8 EH by March) and today they are taking it out of stealth mode.

https://bitcoinmagazine.com/business/swan-bitcoin-launches-mining-division-targets-over-8-exahash-by-march


Are Covenants Necessary for Bitcoin? with Brandon Black ( nostr:npub1su60ga79paqea8kgkp52qeq4eduhtexc957m8utg4704xddprf4szmsu60 )

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk
🤙

https://fountain.fm/episode/abBQbAO06PUYTnD0uYja


SLP530 Fernando Motolese - Growing a Bitcoin Circular Economy

We talk:

- How Bitcoin Beach Brazil started
- Bolt card
- Tech stack
- Tourists and Locals experience
- Bitcoinize device
- HODL vs Spend
- Fundraising

https://stephanlivera.com/episode/530/

https://m.primal.net/HSKu.webp


Many Bitcoiners have seen or shared around the images that show Labour Compensation (wages and other benefits) diverging from Labour Productivity since 1971, particularly from sites such as wtfhappenedin1971.com. Rejoining me today is Gene Epstein to break down why this chart is flawed! We also talk about broader issues around CPI, whether inflation is over or undercounted, and cost of living pressures that so many people are facing today. The conclusions will surprise you!

We talk:

Labour Compensation and Productivity
Nominal dollars and issues with price indexes
Is CPI overstated?
Are we poorer than we used to be?
Cost of living crisis
Can you make it on a single income these days?
The real problems

https://stephanlivera.com/episode/527/


SLP526 @NVK of Coinkite - Don’t Lose Your Coins

NVK joins me to talk:

How do you prevent loss of your coins?
What are some critical steps that are commonly missed?
Q
Satslink device
Tapsigner
FROST & miniscript

https://stephanlivera.com/episode/526/


GM

https://image.nostr.build/e898769342b10eb511986d52958f838a2ef1129bc996b7777706bf934f5bb7fc.jpg


SLP525 Bob Burnett - Bitcoin’s Blocksize Scarcity

Bob  joins me to talk:

-Blockspace scarcity and explanation
-UTXO management
-Different types of miner
-Miner’s Trilemma
-Mining NOT being a leverage play on Bitcoin
-Core Scientific bankruptcy

https://stephanlivera.com/episode/525/

https://m.primal.net/HQFK.webp


SLP524 Malcolm Collins - Natalism and Bitcoiners
Malcolm joins me to talk:

- Population Projections
- The Urban Monoculture
- Childless demographics
- Where Bitcoiner culture could change this
- How to motivate a large family

https://stephanlivera.com/episode/524/


SLP522 @JasonLes_ CEO of @RiotPlatforms - Dodging Knives as a Bitcoin Miner
Jason Les joins me to talk:

- His poker background
- Hashrate
- Riot’s competitive advantages
- HODLing Bitcoin as a miner
- Should miners use debt?
- Bitcoin ETF impact?

https://stephanlivera.com/episode/522/

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


Yeah it's manually done


Matthew Black, co-founder and CTO of Atomic Finance joins me to talk about earning yield in a self custodial way with DLCs. We get into all the questions and criticisms people might have:

How does it work without being custodial?
Where is the yield coming from?
HODL only
Different strategies available
DLC security over time
The future of Bitcoin Finance

stephanlivera.com/519


 nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a, macro analyst rejoins me on the show to talk about her new book, Broken Money. We discuss Lyn’s thoughts on:

Ledger money and who controls it
Different theories of money
Speed of transaction vs settlement
Warfare funding under fiat
Base money and Broad money
GFC and the response to it
Fiat standard incentives
What kind of debt makes sense under a Bitcoin standard

https://stephanlivera.com/episode/518/


Kids Don't Need School with Jonathan Prescott & Adriana Prescott (SLP514)

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk 🤙

https://fountain.fm/episode/GQYcYOYf3ZJupLnawXqa


nostr:note1a535mq8dthzskyspl2fs2e5t6v0g8u76ycalumjh9fy86wegwrwqrplvzc

It’s been a minute since Stephan and I had a public conversation. To me, the idea that merchants, independent businesses, and contractors in the US and other parts of the world are going to take 10,20,30,100 percent inflation lying down is nonsense. These people are going to stack sats, and you’re going to have to pay them in bitcoin.


 nostr:npub1du6sgl90wse0cz44fg50a4kg9ea4sgctlxps90ccx58lw8ssgv9qhjyf3c of Zaprite rejoins me to talk about:

Merchant adoption and why it’s different this time
Improved custody
How Zaprite works
Accounting and integration
How adoption will be driven this time
Circular economy
The lie of 2% inflation

https://stephanlivera.com/episode/517/


There is no education system. There is an indoctrination system.

There's a big difference.


Fatherhood is one of the best things that can happen to a man.

It encourages you to be healthy.

Humbles you.

Makes you more patient and kind.

Causes you to plan ahead.

Take less risks.

Be more true to your word.

Don’t fall for the psyop.

Children, family and legacy are the meaning of life.


"Not everybody on the Silk Road was reading Hayek" — nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs

Entertaining episode about bear markets and what it takes to economically survive.

nostr:nevent1qqs030s3wlwp2zsq8rweqjdzr9n5wfqvhhn39d3txgmfwg2tj60exxgpzpmhxue69uhkummnw3ezumt0d5hsygqelm7h7wwfd5hlwmu87a384eu3gk7fw8v2kgeq2qze8xj6jyau9upsgqqqqqqsje2u2u


Have you wondered what it takes to be a long term HODLer? nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs rejoins me on the show to talk about HODLer psychology, bitcoin culture, and what to expect going forward:

Adoption waves
Living on Bitcoin
Overconfidence
Mainstream culture
Bitcoin Fixes This
Jurisdictions
Thoughts on next cycle

https://stephanlivera.com/episode/515/


yeah I've tried with my BTCPay NIP05 but just had some niggling issues getting it to properly work


The next generation of Bitcoin Lightning wallets is here with Phoenix from ACINQ. Rejoining me is CTO of ACINQ, Bastien Teinturier to talk about how the team is innovating a great self custodial experience for bitcoin and lightning users:

High Fee environment
New Phoenix fee structure
Splicing and what it enables
Dual Funding
Liquidity Ads
Building on a smartphone app
Can ACINQ steal from users?
APO
Biggest challenges
Reasons to be optimistic

https://stephanlivera.com/episode/513/


good point


oh i'm already using https://primal.net/stephan


Thanks Lois, agree with this take, but I would also add - we don't have to care or focus so much on trying to go on shitcoiner shows per se, I see it as more about trying to reach out to other related or tangential communities who might be interested.

Whether that's libertarians, macro people, gun advocates, personal finance and FIRE people, SMB, carnivore and keto communities, free private cities and so many more.


I'm now getting a nostr impersonator... scambots everywhere...

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


Yes.

When I first heard about BTC I went on Twitter and came across pomp. I started listening to his podcasts and he interviewed a lot of great maxis... back then...

 Thats how I found nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk, nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx, nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy and from those podcasts nostr:npub1az9xj85cmxv8e9j9y80lvqp97crsqdu2fpu3srwthd99qfu9qsgstam8y8, and others.... I rotated my time away from pomp and started curating a list of maxis for my education.


You can think of it as one type of sidechain - kind of miner-custodial sidechain.

As contrasted with say, Liquid, a federated sidechain with 11 of 15 functionaries controlling the multi sig with the underlying BTC.


Bitcoin L2's, LN, BTC++, Base58 - Lisa Neigut  ( nostr:npub1e0z776cpe0gllgktjk54fuzv8pdfxmq6smsmh8xd7t8s7n474n9smk0txy ) (SLP509)

https://fountain.fm/episode/lJtiI5MRtgMxj8aSEMsJ

nostr:npub1r8l06leee9kjlam0slmky7h8j9zme9ca32erypgqtyu6t2gnhshs3jx5dk 🤙


Drivechain is a proposed soft fork that has faced a lot of criticism in the community, and Shinobi (Technical Editor of Bitcoin Magazine) joins me to discuss his critiques of the idea. We discuss:

What is Drivechain
How it works
Miner centralisation
Re orgs on sidechains
T-shirt sales argument
Stratum v2
“Miners can steal”
Other soft fork ideas (e.g. APO, CTV)
Multi Party Channels
“First Develop with what we’ve got”

https://stephanlivera.com/512


Agree its an interesting idea.

All the swaps could get expensive though, remains to be seen if it would as attractive as it is now. Though perhaps now is being sort-of-subsidized by Muun?