It is not 2% it is 8-10% ;-)


It’s funny now, but I remember the same thing happened when Trump won in 2016 and they were all wailing and confused for a few weeks, basically embodying the Principal Skinner meme.

Then they got their orders, got organised, and went fully psychotic.

This is the calm before the storm.

The parasites have one thing going for them which is an unwavering faith that they are the chosen ones on the right side of history.

I’m not expecting them to reform themselves, I’m anticipating they’ll ramp up the psychosis in new and more evil ways than ever before once they collectively get their bearings.


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

THIS ISN'T EVEN THE FIRST INNING.

IT IS THE DAY BEFORE THE GAME.

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


When I think about stopping, I remind myself that my enemies are sharpening their swords.


Dude, where do you live?


“I can sell you 20 million dollar painting but I can’t tell you why a piece of code is money. That’s an interesting paradox.”

- The former CEO of Sotheby's, Tim Smith.

Stop whatever you’re doing right now and spend two minutes of your life listening to what he has to say about #Bitcoin and why it’s going to reach $10 million per coin. https://video.nostr.build/f62e33c57cf019e047bddc6ce10ba2af583ef97cfac4c6fab2a78955727bbeef.mp4


Two weeks ago he was just a humble fry cook, and now he's about to be the President Elect of the United States ✨

God bless America 🇺🇸 https://image.nostr.build/19b93cb6aafee42a36c1421f34e3ec83b5b5fa017e6f05fff6dc0e8b56c3f327.jpg


Yes.


Gm

Pictured below is a recently unplugged bitcoiner  seeing normies being fed seed oils and corn syrup and their energy being harvested by inflation while being plugged into the news 24/7.

https://image.nostr.build/abd2312d7fe73eb74234789b5de7198a4d2b155bb942e45138ae997db1ed5745.jpg


Good luck tomorrow frens 🐸 https://i.nostr.build/9VSiCHxIkApWNQS5.jpg


Gm frens,

I have a hopefully message for you all today:

No matter what the state does, who is elected, or what new bullshit they come up with today; they cannot destroy bitcoin and they cannot take away the sovereignty that is found within cryptography.

So long as there are still the crazies, the radicals, and those who refuse to live within the bounds of a walled garden society, there will always be the space for the he rabble rousers to create a life for themselves. And now with bitcoin, there will be a way for them to protect and save their wealth against any and all governments that seek to impose their tyrannies upon them.

Rejoice and celebrate for we are winning and we are only a short 16 years into this. Within another 16 years we will become the preliminary political force to be reckoned with that will offer all people everywhere, and into the future, the power and capacity to protect their wealth beyond the violations of any state.

It is a most beautiful and fitting story for the destiny of man, and what it means to be free in our day and age.


Can the price moon already so I can quit my stinking fucking job


There is risk everywhere. But the greatest risk is to steal your own quality of life because you live in fear.


https://i.redd.it/a1rqwtx40psc1.png
#memes #zap #memestr #nostr


Planüererfüllung! Robert der Grosse wird den CO2 Ausstoss in Deutschland noch weiter massiv senken. Nebenbei wird die Gleichheit der Menschen gefördert. Nämlich durch gleiche Armut für alle, wie es sich im Sozialismus gehört. https://image.nostr.build/b943a77d10df449595efa087ddd598fec1b6d071d628d7140456d77743c42f67.jpg


It's the time of the year to marvel at how bureaucrats could fuck up something as fundamental as time.


Worth pondering

How could the things you’re building today go wrong, or have unintended use cases?

(Leaving aside theories about how ETH was created precisely to empower the establishment) https://image.nostr.build/e4233afea520d7c0de7056d32e791ec57ca1879c1a900802a2517f5104cb0651.jpg


Whenever vaccine skepticism is discussed, the Polio shots are always brought up as 'proof'.

I guess Trump doesn't know about Saulk and SV40 in the Poliio shots.

What you don't know can actually kill you.

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

https://video.nostr.build/7b013be07d6d01e4e2816bd17a674a25d47cddd1a6e05c3266c90ce3abdc6573.mp4


Every election is simply about who is going to get more free shit.


PEOPLE WHO DO NOT SELF CUSTODY BITCOIN, THERE IS A NAME FOR THEM, WE CALL THEM POOR.


No matter how small the government is, the goal should always be to make it even smaller.


I got really lucky

working hard
buying bitcoin
eating meat
lifting weights
refusing vaccine
prioritizing family

Pure luck! 🙏


“You don’t like taxes? Why don’t you move somewhere without taxes then? Oh it doesn’t exist? Pay up, crybaby.”

Just because there’s nowhere on Earth where you won’t have to pay tribute to the local warlord, doesn’t mean that any amount of theft is acceptable.


OH MY FUCKING GOD THEN WHY DID YOU FUD BITCOIN FOR YEARS

JUST STACK SATS ITS EASY WHATEVER YOU GOT BUY IT MINE IT WORK FOR IT ETC

BITCOIN IS FOR EVERYONE, NO GATEKEEPERS, BANKERS AND ECONOMISTS CAN GO FUCK THEMSELVES nostr:note1w40v8x00k7apkmgfsjcg05xc6058yp854guy45z4h6jrxk93httqmqk5lr


Healthiest Man Alive Just Does The Opposite Of Whatever The Government Recommends https://t.co/K0GeTFumwB https://t.co/xhQVP5iJfK https://pbs.twimg.com/media/GaH9GMjWMAAJG29.jpg


how cool is it that we are all coordinating and communicating in a public space using cryptography and no-one can stop us. it's a subtle thing you tend to forget while shitposting and having fun, but it's still pretty mind blowing to me.


Only when you realize that politics today is just the people being mercilessly trolled by the elites can you begin to find peace in this world


Govt economists: broken windows stimulate the economy to improve growth

Govt health experts: injecting metals into your newborn stimulates their immune system to improve health

#ClownWorld #FiatScience

#Bitcoin fixes this


The average person has no clue how hopelessly propagandized they are in all realms of life.


Bill's comment... 😂😂😂


lol AI is great https://v.nostr.build/vBtYKQhxwTxCOrX0.mp4


True...
nostr:nevent1qqst5pd3063p286upgj3csxq9n2lpdhyntfz5a7vwxkt534ft0qzrcqppemhxue69uhkummn9ekx7mp0qgsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgrqsqqqqqpw9n9hx


President Camacho is gonna fix the economy. He's gonna make the crops grow too.


Before Bitcoin / After Bitcoin ( nostr:npub1ndketdm2qyv35nrhsxzks8kh7w7w6tll4rjp29hv0qjqkgfjsh6snmgk2v edition ) https://image.nostr.build/8124eb79f9a2626e605002e58482c673a3ddd74cfd8a8aa0eea775cc72779161.jpg


USA vs EU

https://image.nostr.build/4b50e7523e991a9e2fc4e536774154084ed5aa94472b1f904d4488276f969fda.jpg


Same in Germany...


Thank you all for your warm welcome!

For those of you #Nostriches who are interested in reading about finances, economics and politics, here is a link shared on X by Hans-Hermann Hoppe in person after the UFC Fight Night in Paris, with a free PDF Version of his book:

Democracy, the God that failed (Hans-Hermann Hoppe)
https://riosmauricio.com/wp-content/upl%E2%80%A6

Share this with people your care for #Nostr .
#Bitcoin #StudyBitcoin


Most people are so captured by the guarantee for safety and security through the state (which does not exist in any meaningful way) vis monetary and economic means, that the idea of any form of life outside of that seems like nonsense.

It is nothing more than trying to explain the freedom beyond the cave to the slaves enamored with the shadows on the wall. They will insist their chains protect them, and the darkness is security.


Die grüne Kulturrevolution ist nicht länger Fiktion in Deutschland. Die verarmende Mittelschicht wird nirgendwohin fliegen. Und glücklich sein.

Study #bitcoin 🧡 https://image.nostr.build/d3066f86949cc1a8af0a0ad0fa6d78ce4741a0c0028aa4067e303c4f31683820.jpg


less “Who is Satoshi ??”

more “Thank you, Satoshi” https://image.nostr.build/cbb720b6d1ffe93ae9dca787705d67a61dbc700838bdf309445d826c7cd9baea.jpg


I just wanted to make some profits

Now all I can think of is:
- the money is fake
- the food is fake
- the news is fake
- medicine is to keep you sick
- wars are based on lies


The nation state is dying, everyone is still playing pretend.


Hans-Herrman Hoppe on Milei 🤔
https://propertyandfreedom.org/2024/10/hoppe-javier-milei-pfs-2024/


Thanks to nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe, every day I spend a little time contemplating:

- How can I further extract myself from the fiat system, of which I am deeply entrenched?

- How can I transfer more of my time, energy, and purchasing power into the #Bitcoin network?


Bureaucrats...


“Conventional people are roused to fury by departures from convention, largely because they regard such departures as a criticism of themselves.” - Bertrand Russell


Honest question: Why does this matter?


Normies are always very certain of what they believe, disdainful of anyone who even hints at asking questions about it, and open to absolutely no discussion of the topic. nostr:note1qlmthvt4lcjgg855jq2m254p5wg7pt7f6a2xr5l0xfvewjmpshyqtk9jez


Bitcoin reminds us that freedom begins with sovereignty over our own assets.


Javier Milei verteidigte den Freihandel und verurteilte die UNO und ihre Agenda 2030. Er nannte sie „nichts weiter als ein supranationales Sozialisten-Programm“. Er bezeichnete die Covid-Lockdowns 2020 außerdem als „Verbrechen gegen die Menschlichkeit“.

“Die Weltgeschichte zeigt, dass Wohlstand nur dadurch gewährleistet werden kann, dass die Macht des Monarchen begrenzt, die Gleichheit vor dem Gesetz garantiert und das Recht des Einzelnen auf Leben, Freiheit und Eigentum verteidigt wird.” https://image.nostr.build/f171f60aa364627400fb41ed2bfe91e313c83e3e9ddfae7bbadaf1e74425d44d.jpg


Wall Street is built on lies and corruption

#Bitcoin is built on truth and hope


JUST IN: 🇮🇱 Israel announced aggressive taxation & pension-chewing measures for Israelis starting 2025, in order to cover growing deficit.

Debt is piling up, fiat beast needs feeding. What do we do?
Clamp down on our matrix slaves even more, milking away their time, energy, money & livelihood.

How to break a nation 101.


Nothing is more securely lodged than the ignorance of the experts.

— Friedrich Hayek


https://www.tagesschau.de/wirtschaft/unternehmen/subventionen-autoindustrie-100.html

Lieber Staat, fick dich hart!

Jetzt soll ich schon wieder 15 Jahre später für so scheiß zahlen???
Autos verschrotten die nich fahrtauglich sind?
Wer ein E-Auto fahren will, der soll das tun.
Aber bezahl dein scheiß Auto selber!
So etwas rettet kein Industrieland.

#SymbolpolitikIstFürnArsch
#SteuernSindRaub
#VerachteDenStaat


Dude, what the hell?? 😂


In these two notes I show that the Rothschilds have a stake in the Federal Reserve and that the Federal Reserve is a private entity, I do not say it, a legal court says it.

Now search about this information in the different “artificial intelligence” engines, they will tell you that the Rothschilds participation in the federal reserve is a conspiracy theory and that the federal reserve is not a private entity (mixed model blah blah blah).

Artificial intelligence is an opinion maker, it will only show you one version of history, don't use it to learn, it is a tool of mass control.

https://primal.net/e/note1xdt47pkdvt88wy2l67nu7mhf5d2nt9gv33chuyyc27krhnyjzkfsk99tv8

https://primal.net/e/note1neplgapvtlyfal3fnl4z0wwm2jsrpcxsmgxqrn72m8k5xsrdc0dq65s48x


Under a Fiat Standard the incentive is for everyone to work in real estate, banking or technology

Under a Bitcoin Standard you can becomes a shoe maker


Kennt der DDR Buerger noch von frueher. Wenn die lieben Herren im Lada vorfahren. Von der Stasi!

Study #bitcoin 🧡
Freedom 🦅!! https://video.nostr.build/515e30faf5ae3e1689b39c52be9472df992ae227b0a6a94862b1471241ee4df4.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.


In the internet.


Thanks man!


We meme about who will build the roads

But I would be happy if all they did was that

Just build the roads and leave me the fuck ALONE


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.


I’m writing this because I keep getting asked to comment on Saylor/Saif video even though my position hasn’t changed.

The natural state of the free market is deflation which means all prices fall forever in Bitcoin (assuming it stays decentralized and secure)

Free market economies are more productive meaning faster deflation (or real wealth gains by falling prices)

That system is incompatible with an inflationary monetary system meaning one of those systems must fail.

Either:

1) A system based on truth, hope, and abundance for all 8 billion people on the planet driven by a free market economy and all prices fall relative to bitcoin forever. This means Bitcoin is used as a medium of exchange and freedom tech spreads to the world through lightning, Liquid, Fedimint, Cashu, etc.

OR

2) A control system. An extractive rent seeking system that is NOT the free market (similar to the one we have had for 5000 years that resets every 100 or so years through war) continues to centralize by having you believe price of bitcoin is going up in fiat which makes the surveillance state stronger. This eventually centralizes Bitcoin - custodians, media, regulation (funded from the same manipulation of money) where it is attacked from layer 2. (Similar to gold)

While these ideas may “seem” compatible in the short term because you want Bitcoin to go up in fiat. What it really means is that you are giving your energy and strength to the system centralizing the world by converting Bitcoin to Fiat….to then measure prices.

Quite simply - If Bitcoin is only a store of value, it fails as a store of value.

Ps - It won’t fail. #1 is inevitable in time because too many (and more each day) have seen behind the curtain and are determined to build path #1.

Many of you here - the people that inspire me every day.  You make a difference with every word, thought and action.
Almost did that in all caps per nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx because it’s so important.

Referring to # 1 above…..There is no second best.


And just like that a group of 12 people have decided the monetary policy of the entire globe.🌎🤡


If a government can “freeze” your money then it isn’t “your” money.


“The idea that The State is capable of solving social problems is now viewed with great skepticism—which foretells a coming change. As soon as skepticism is applied to the State, the State falls, since it fails at everything except increasing its power, and so can only survive on propaganda, which relies on unquestioning faith.” - Stefan Molyneux


I feel really bad for the average person who doesn't have any bitcoin. It's a sad time for them rn. A dead end.


Everything is skewed at best, and heavily corrupted at worst. 😵💫

And so many people have no idea. They're just so trapped and beaten down by the "distortion" effects. Struggling to survive.

Bitcoin is a liferaft that can lead to healing humanity. The idea of a healthy "oneness" is real!


Me waiting for #Bitcoin to reach $1M so I can stop working in the fiat mine. https://video.nostr.build/8e9dbf80f07e9b17bb9a7ecfcf5dc947500027cb2b845bb92685ebe3d672f143.mp4


Imagine owning ETH and seeing Microstrategy buying 244k BTC and zero ETH.


https://image.nostr.build/f6b318027bfd376efa7000d8d233f4032d5fbd3b50b7ddf581c674714ab1705c.jpg

Think mRNA experimental gene therapy is safe?
The human is a dumb animal with a poor memory and an easily reprogrammable brain...


Go to University and get Classically Trained in Fiat Propaganda


97% of scientific researchers agree with whatever will maximise their funder's profits.

The other 3% are cancelled.


When you understand Bitcoin your world view changes drastically. Everything is connected to money.


A propaganda campaign was crafted with a divide & conquer strategy to distract from the growing awareness of our economic enslavement. The tea party & the occupy wallstreet movements were getting too close to the mark. And since then the gender BS has even gotten a bunch of the slaves to pay their masters to castrate & poison them. It's really kind of amazing.

https://video.nostr.build/b95ec373ee61214db703d1fe6d91a675193c823fe5962656aca619add92e6929.mp4


Today we celebrate Arminius, the rebel.

https://image.nostr.build/f0c6c8470dcc9552ef8ff69d7868f50e5bc53fbc6a4d8e1247b8b0f388f0b8c1.jpg

On the 9th of September in 9 AD, he led a coalition of Germanic tribes in the Battle of the Teutoburg ForestTeutoburg Forest against three Roman legions.

It was David's fight against Goliath, and in just three or four days, Arminius and his men dealt the Romans such a blow that the empire was forced to give up its ambitions to rule the Germanic people.

Arminius was born around 18 BC into the Cherusci tribe.

The Cherusci were an early Germanic tribe inhabiting northwestern Germany during the first centuries BC and AD.

They are noted for their strong inclination towards peace, which, as described by Roman sources, sometimes led to their downfall.

This was viewed as self-deception in a region populated by more aggressive neighbors, resulting in the Cherusci being labeled as cowards by their adversaries, like the Chatti, who were more martial in nature.

Arminius' family was part of the tribal nobility.

At this time, it was common that the Roman empire held young nobles from conquered or allied territories hostage to serve as leverage against their home tribes.

Arminius was therefore sent to Rome to serve as a hostage during his youth.

He received a thorough education.

This was part of the empire's strategy to integrate and assimilate elites from conquered regions.

Arminius was granted Roman citizenship, a significant honor.

He was also given the equestrian rank, which was a social class just below the senatorial order, indicating his high status within the Roman system.

Upon reaching adulthood, Arminius received a thorough military training and became an officer in the auxiliary forces.

Auxiliaries were non-citizen troops from the provinces who served alongside Roman legions.

These units were often used for frontier defense and were crucial in Roman military strategy due to their local knowledge and combat skills.

Arminius's service likely included campaigns against other Germanic tribes or other threats to the Roman Empire's northern borders.

His role would have given him firsthand experience with Roman military tactics, organization, and discipline.

Around 7 AD, Arminius returned to Germania, serving under Publius Quinctilius Varus, the Roman governor of Germania.

His position allowed him to gain Varus's trust.

While serving Rome, Arminius secretly began to organize a coalition of Germanic tribes.

His skills in organizing and leading the Germanic tribes were remarkable.

They were often at odds with each other, but Arminius, who was a charismatic leader, managed to forge a coalition.

He had to handle the egos and ambitions of various tribal leaders, and his diplomatic skills were essential in maintaining unity among tribes like the Cherusci, Marsi, Chatti, and Bructeri.

His own background as a Cheruscan noble who had served in the Roman military gave him credibility both among his own people and with other tribes.

Arminus effectively communicated the common threat posed by Roman expansion, rallying the tribes under the banner of freedom from Roman rule.

This shared goal was crucial in overcoming tribal rivalries.

Organizing a large-scale attack on the Romans required foresight and patience.

Arminius spent time building alliances and planning the logistics, ensuring that the tribes could strike when the Romans were least prepared.

He chose the battlefield wisely.

The Romans typically fought in organized formations like the testudo (tortoise) or in legionary lines.

The dense forest and marshy terrain of the Teutoburg Forest negated the Roman advantages in open battle formations and heavy infantry.

Under the pretense of leading Varus to quell a local uprising, Arminius lured Varus and his three legions (Legio XVII, Legio XVIII, and Legio XIX) into the Teutoburg Forest.

The route was narrow, with dense woods and marshes.

The weather was awful, with rain and storms.

The Romans were totally unprepared for battle, when the attacks started around September 9.

The first assault came suddenly, with Germanic warriors attacking from all directions.

The combination of  terrain and terrible weather conditions made it almost impossible for the them to maintain anything resembling their preferred formations.

Over the next few days, the Romans attempted to march through the forest, but they were continuously harassed by Germanic warriors.

The Germans used hit-and-run tactics, attacking, then retreating into the forest.

They attacked from cover, using javelins, arrows, and engaged in close combat when advantageous.

As the Romans tried to push through, they were funneled into even narrower paths where they were easier targets.

The Germans also blocked paths with felled trees.

The continuous attacks, combined with the depressing weather conditions, led to exhaustion and demoralization among the Romans.

Constant harassment and the inability of the Romans to form effective battle lines, wore down the Roman's morale.

On what is believed to be the third or fourth day, on the September 11 or 12, the Romans attempted to fortify a position, but they were overwhelmed.

Varus, seeing the inevitable defeat, took his own life.

Around 15,000 to 20,000 Roman legionaries were killed.

Additionally, there were significant losses among auxiliaries and camp followers, possibly bringing the total Roman and allied casualties to around 25,000 to 30,000.

It's generally believed that the Germanic losses only were in the range of a few thousand.

The legions' eagles, symbols of Roman military honor, were captured.

The defeat shocked Rome.

Emperor Augustus is said to have wandered around his palace, banging his head against the walls, crying "Quintilius Varus, give me back my legions!"

The loss was not just military but also a significant blow to Roman morale and expansionist ambitions in Germania.

Rome abandoned its plans to conquer and directly administer the Germanic territories east of the Rhine.

The frontier was stabilized along the Rhine and Danube rivers, marking a significant shift in Roman imperial policy.

The victory boosted the morale and unity among various Germanic tribes.

Arminius's success in organizing the tribes wasn't just about military strategy; it was a blend of political acumen, cultural understanding, and personal charisma.

His ability to turn a collection of often-warring tribes into a cohesive force against a formidable enemy like Rome makes his achievement particularly noteworthy.

But it was Arminius' rebellion against a state that held him as hostage from he was a young boy and which tried to brainwash him and turn him against his own people, that should impress us the most.


You wake up, you have no goal, you are a robot, just another day, you just want the 8 hours you will spend in that prison called work to pass quickly.

You arrive at work, nobody is happy, all are bad faces, there is no fellowship because nobody has a goal, everyone wants the same thing, that the 8 hours pass as quickly as possible.

You leave work, you are consumed, you don't feel like anything, simply because you don't have a goal, you don't do anything to take care of your mind or your body.

And so your days go by, until the day of your retirement arrives and you still don't have a goal, you simply stop working like a slave and wait for your death by feeding yourself with drugs.

It's the Fiat world, it's the clown world.

But there is hope, there are people who wake up with a goal, to be free, maybe they get it, maybe they don't, but having a goal in life, a real and tangible goal, changes everything.

#Freedom and #Bitcoin.

Fuck them.

https://youtu.be/DUQS5Sq8NnA


Yes!
nostr:nevent1qqsv6pjwlueqhvmuxk47jqlrketgtnxjj6mnrcveqdzrfkafxca9tzcppemhxue69uhkummn9ekx7mp0qgsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncrqsqqqqqp8vqfxs


Ist das AI oder echt!?

Wake up Neo . . .

Study #bitcoin https://video.nostr.build/198f0e92822845a13097fda1afb0370e72359d87d211c64fc660f82c3282b3bf.mp4


When you avoid pain at all costs, you'll create the most pain possible

This is true for the individual and the collective


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.


PORT

https://video.nostr.build/69a270454df2b41b423835d5ca9da750357602772cd5bfe62b689bf805ca36e5.mp4


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.


Milei, Zwischenbilanz nach 8 Monaten Regierung:

1) Seit Januar Haushaltsüberschuss.
2) Zentralbank saniert.
3) Fremdwährungsreserven aufgebaut.
4) Zeitnahe Zahlungen der Importeure von 17% auf über 90%. Bei Amtsantritt waren 50 Mrd. USD Zahlungen ausstehend.
5) Geldmenge in Peso fixiert
6) Inflation von 25,5% pro Monat auf 4% und weiter fallend.
7) Erste Woche seit 30 Jahren ohne Inflation bei Lebensmitteln
8) Renten real 5% höher als bei Amtsantritt, wo sie im freien Fall waren. Bei Vorgänger in 4 Jahren insgesamt minus 30%
9) Sozialplanintermediäre ( Sozialoligarchen) komplett aus dem System genommen ohne Zahlungen zu reduzieren und damit Zuflüsse bei den Bedürftigen geschätzt verdoppelt.
10) Sozialpläne von einer Abdeckung des Basiswarenkorbs von 49% auf 89% angehoben.
11) Einführung eines Schulsachenzuschusses für Bedürftige
12) Umstrukturierung der Bildung vor allem Grund- und Hauptschulen.
13) Verfall des Peso gestoppt. Freier Wechselkurs des USD (sog. blauer Dollar) bei Amtsantritt 1300 Peso pro USD. Ende August 1315 mit fallender Tendenz. Damit sind die realen Zuwächse der Sozialleistungen, gerechnet in USD, sogar noch höher.
14) Deregulierungen im Wochentakt
15) Aufhebung aller Preisregulierungen, was zum Teil (zB Wohnungsmietmarkt) zu real fallenden Preisen der betroffenen Güter geführt hat.
16) Abbau fast aller Preissubventionen. Wasser 100%. Energie und Verkehr rund 50%. Planmäßiger weiterer monatlicher Abbau.
17) Es gibt wieder 30-jährige Hypothekendarlehen
18) Seit 4 Monaten gibt es keine Straßensperren mehr durch Demonstranten und vor allem deren, durch Erpressung mit den Sozialleistungen gezwungen Teilnehmer.
19) Mordrate in der Drogenhauptstadt Rosario um 70% gesunken.
20) Drogenrazzias um 500% gesteigert.
21) Banden durch Umstrukturierungen im Gefängniswesen und gezielten Verlegungen von Chefs zerschlagen.
22) Argentinien insgesamt das sicherste Land Südamerikas.
23) Einkauf von F16 zur Verteidigung und Aufbau einer neuen Basis an der Südspitze Argentiniens zum Schutz des Schiffsverkehrs und vor allem der eigenen Hoheitsgewässer vor meist chinesischen Fischereiflotten.
24) Umstrukturierung des Geheimdienstes, um das Bespitzeln des eigenen Volkes zu beenden.
25) Abschaffung von 8 Ministerien und zum Teil komplette Schließung mit Entlassung der Mitarbeiter
26) Abbau von rund 30.000 Staatsangestellten. https://image.nostr.build/adac23a4868eb554b29c45a3de566dbdf2fffde9ecc50ab7342ebb054ecb1ea0.jpg


I was asked by a friend why I'm so obsessed with #Bitcoin. My answer is that it's because I understand it. When you truly understand #BTC, it's impossible to not be obsessed. It's the most interesting development in human history IMO.
 - nostr:npub1k7l7trgsf3q0kcn3q0wllm47rrgga8qhklmlqnptdxf8f9lzx5tqqmt5jj

#BitcoinTwitter
https://bitcointwitter.web.app/images/v3/84.png


Get yourself Abrain 🫡 https://video.nostr.build/5393539998f7e960d53dc48ea6084555b7410814712803d539ca516f28df84c4.mp4


🙏 https://image.nostr.build/5e8561472d425dfdbe6fe0ee4ca8daa2d1ecae8e8fac93d132f963af2b2aa649.jpg


"The Good Wife" is a legal/political drama TV series that aired from 2009 to 2016. In a 2012 episode, the show featured one of the first mainstream mentions of #Bitcoin.

Blocktime: 859 651
v/byte price: 3 sat/vByte
XAU oz/ BTC: 23.68 🧡 https://video.nostr.build/b4a17e5988803b7070958af464636c47aa18f874ac39821b9ec49906973fe6bf.mp4


Which one is it?


A small number of people interacting, learning from each other, and moving their energy to something better always proceeds a large number of people doing the same.
It’s something you’ll look back upon one day with genuine fondness for those times and people who made this time so special….so remember to celebrate it today.

#Bitcoin
#Nostr


“I call it the state where everyone, good and bad, is a poison drinker: the state where everyone, good and bad, loses himself: the state where universal slow suicide is called - life.” - Friedrich Nietzsche


My fake mail is dil@do.com. I hope nobody actually owns this adress.


Check out the Farseer Trilogy, Murderbot Diaries, Slow Burn and Freedom's Fire.


Fully agree.
nostr:nevent1qqs258d5wtp4k6qg0qzu2j8wy7yjmxa8399h0kxtwxpypeuygxpneqgppemhxue69uhkummn9ekx7mp0qgsfw7mfpnsl05j5a7uwfmvc2fqtqzzyynjp2x43rr98kcsjn5n870grqsqqqqqpccwqek


Most people don’t understand risk because they have spent their entire lives living in a gilded cages serving their masters as good little slaves who don’t have to be concerned where the yield comes from.


nostr:npub1gdu7w6l6w65qhrdeaf6eyywepwe7v7ezqtugsrxy7hl7ypjsvxksd76nak on Bitcoin & politics. What a brillant mind.
https://m.primal.net/JjJl.jpg
https://m.primal.net/JjJm.jpg
https://m.primal.net/JjJn.jpg


After my first personal experience with censorship / deplatforming and watching nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m talk with nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx at Nostr Riga and regardless of what happens with Simply Bitcoin’s YT channel we will be posting our news aggregation content, video content, and livestreams to Nostr regardless of initial viewership engagement

As a Bitcoin media organization we feel like it’s our responsibility to promote protocols where not only can people transact freely but can also speak freely without any risk of censorship

Appreciate the support from nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u and nostr:npub16c0nh3dnadzqpm76uctf5hqhe2lny344zsmpm6feee9p5rdxaa9q586nvr on this front. If anyone else has additional resources for me so the Simply Bitcoin team can learn to post our video / livestream content to Nostr it would be highly appreciated 🙏

BITCOIN OR SLAVERY.
NOSTR OR SLAVERY.


#dankmemes

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


Coming to a Normies World near you

nostr:note1tzg7lkz7dszzcfsr0ts7flf3yg2dn6amyzgwcdmmdzjgw2sw3pts9h300g


Without thousands of basically decent people confused enough to obey, evil would fail quickly.


The police do not come out looking like this when the weakest are threatened, they come out looking like this when the government is threatened.

Anyone who thinks that primary concern of the police is protecting the average citizen vs protecting the state is not thinking clearly.

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


Link doesn't work


Same for me


"The thing I have noticed is when the anecdotes and the data disagree, the anecdotes are usually right. There's something wrong with the way you are measuring it."

 -  Jeff Bezos

https://www.cnbc.com/2024/08/12/59percent-of-americans-think-the-us-is-in-a-recession-report-finds.html
https://m.primal.net/Jysg.png


Having kids is dope. Don’t care what anybody says. Life takes on another meaning.


time to come clean about zee bugs
https://video.nostr.build/c0a00cb883b6b1d9f2b506dfe529830cda2a57378d2a6a919e1513a6dc80bf22.mp4


If you have kids or are about to have kids, “Turtles all the way down” is a must read.

I would compare it to “Fiat Food” but more scientific than exposé based, and it completely obliterates vaccine propaganda.
https://m.primal.net/KCqB.jpg


A No-Coiner complaining that they’re too late to Bitcoin is like complaining that you’re too late to eat healthy.


GM! New #meme drop #bitcoin
 https://video.nostr.build/084244a4677d033dfb4dfd4d86d9830ee9ead8e0cf9b8bee85e98cc5925ec9b1.mp4

#memstr


Being able to opt-out with #Bitcoin is so under appreciated.


My job is getting in the way of my hobbies.


What a time to be alive! ::::::D
#musk #eu #fuckyourownface

https://image.nostr.build/c1c4ffd880167a29da06dae9db4f291c2e76a7e8394242b41b67f7f74710b398.jpg


Beautiful!


I was critical before but Covid brought me over the line in 2021.


99% of what you are being shown is pure theater and not for your benefit. Recognize this and you can begin to critically think for yourself—a rapidly disappearing skill in the Western world.


The first thing UK citizens see after posting wrongthink on Facebook, and the last thing they see before being put in the dungeon.
https://m.primal.net/JvwM.jpg


God  I love a good bass line with my side effects 😁 https://video.nostr.build/0e047784d9dcec8c7dc527584d941fc8d8b0040bb5ab8b23fb07b229cacc55fd.mp4


Just doing their job and following orders... 🤮

I don't get how anybody in Western Europe working in law enforcement can look into the mirror in the morning.


People say echo chamber all the time, but here’s the thing… I can see your internet. You just can’t see mine.

The people who interact with the mainstream only see the mainstream.

The people who interact with the reactionary alternative media see all of the mainstream things and all of the dissident takedowns of it.

Some of us have the full picture.

Some of us don’t.

Only one of those things is an echo chamber.


I just had one of the most serendipitous, fortuitous events happen EVER on one of our film shoots.

Earlier today, my partner and I had a flight cancellation in NYC while shooting a documentary about what it means to be a bitcoiner.

Naturally, we went on the Orange Pill App @orangepillapp to see if any bitcoiners could help us out - as we were well over our documentary budget and needed a place to stay since the earliest flight rebooking was 2 days later.

After just 45 minutes of posting the message, @HODLhuddle gets in touch and offers her place to us.

Turns out - she joined Orange Pill App just *8 HOURS* or so earlier this same day by sheer coincidence, all because she happened to ALSO stumble upon our latest documentary (without knowing we were the same stranded filmmakers/creators), which reminded her of the bitcoiners she had met in New York at @PubKey_NYC.

Now, we're staying at her place until our next flight - and this entire encounter is fundamentally changing the story of our documentary as we live through the unexpected generosity and hospitality of a member of the bitcoin community in real time.

TL;DR - Bitcoin is much bigger than money. There are forces beyond our perception that bring us together ♥


Sun good, seed oils bad

https://image.nostr.build/a4cecff8f2a4fcb012a8e1106f3ab0e437abf5d0824c32c35d13498b45f5693b.jpg


Ok, I was not aware that he or she is actually a hermaphrodite and not a man pretending to be a woman. This is obviously a special case but in my opinion here the easy and clear indicator should have been the gene test. You would assume with all the money they spend on the olympics they should be able to afford that. 😉


The amusement park is full of rigged games and noisy distractions, but I’m just happy to be riding the roller coaster with my frens. 🫂

GN 🌙 PV 🤙
https://image.nostr.build/43311dab3dd038449d446539c2694b02d5c4bbad434249eede5fa72b182705f5.gif


Or you forget about the mental gymnastics and just don't let men compete with women. Problem solved.


You can pretend to be whatever you want, right up to the point where it involves others. You can't demand to be recognized as something you aren't & the biological men who want to physically compete with women & anyone who supports or allows it are all human garbage.

nostr:nevent1qqsw42gemm0rgg2wkmxvrjdwg6rcgdlm6g0x0cvcc58qn5x07fzfs2spr4mhxue69uhkummnw3ezucnfw33k76twv4ezuum0vd5kzmp0qgsg85czkhp9a4p7td64xtax5676y8ztv05l295zv7v029hug9vmn3crqsqqqqqpkyhac4


the further you get from the matrix the harder it is to intact with people trapped in it.


CENTRALIZED SOCIAL MEDIA IS A PSYOP. AN ADDICTION TRAP.

X IS THE NEW MAINSTREAM MEDIA. BLUE CHECKS THE NEW CNN HOSTS.

FACEBOOK IS A SURVEILLANCE BEAST. MILKING BILLIONS OF DATA SLAVES.

EVERY THOUGHT TRACKED. EVERY NARRATIVE CONTROLLED.

NOSTR IS FREEDOM. INDEPENDENCE. THE FUTURE. MOMENTUM IS STRONG. KEEP PUSHING FORWARD.

LIVE FREE. 🫡


There are 2 situations where people’s value, principles and integrity are tested the most :

One is when they have significant access to resources (wealth, power etc) and the other is when they have no access at all.


Hab am Anfang versucht zu missionieren und konnte nicht verstehen, dass sich die Leute der Realität verweigern, bzw. deren Realität von Spiegel und Tagesschau geformt wird und alles andere nicht akzeptiert wird. Mit Leuten, die ein bisschen kritisch sind zu dem was um uns herum passiert, spreche ich über solche Themen, alle anderen lass ich in Ruhe. Ist weniger stressig für beide Seiten. Ich glaube hier muss es nich viel schlimmer werden bevor die Leute aufwachen, falls das jemals passiert. Aber passt schon, ich hab meine Versicherung. 😉


Ich werde niemals vergessen wie ich und auch meine Frau damals auch von unserem Umfeld behandelt wurden. Kein einziger, der damals der Meinung war Ungeimpfte muss man wegsperren hat sich seit dem entschuldigt oder auch nur anklingen lassen, dass er irgendwie hinterfragt was damals passiert ist. Wenigstens weiß man jetzt, was man von seinen "Mitbürgern" zu erwarten hat wenn es hart auf hart kommt.


“Government is the most dangerous institution known to man. Throughout history it has violated the rights of men more than any individual or group of individuals could do: it has killed people, enslaved them, sent them to forced labor and concentration camps, and regularly robbed and pillaged them of the fruits of their expended labor. Unlike individual criminals, government has the power to arrest and try; unlike individual criminals, it can surround and encompass a person totally, dominating every aspect of one's life.” - John Hospers


Ne ist gegessen, wir müssen jetzt das Klima retten und Russland besiegen. Ausserdem wollte unsere Regierung nur das Beste.


I showed this to my wife. She didn't get it.


an inconvenient truth. #friedenstüchtig https://image.nostr.build/229c714d16cb7e5c5e951c2984b4ed16bacf12c1cd9b0e34011115bd57e86212.jpg


Dude got the wrong girlfriend.


I haven’t turned on a TV once to follow today’s unfolding events. It’s an irrelevant medium.


Something I’m rather firm on is that if you have the ability to make children and you do not. You are in 99.99% if circumstances making a gigantic mistake.

Children make life worth living.

Children provide instant meaning to life.

They inspire planning and care about the future.

They increase joy.

They make life novel and exciting again.

They’re innovative, surprising and imaginative.

They reflexively shape us as we attempt to shape them into better versions of themselves/ourselves.

If you have children and they have children you will be increasingly surrounded by life as you grow old.

If you do not, you will be surrounded by death as everyone you know slowly dies.

You will never regret having kids.

You will certainly regret not having them.

If you have kids you are honoring the sacrifice and suffering your ancestors had to endure by passing the torch forward.

If you do not you are dishonoring them by wasting your life on the meaningless pursuit of your own pleasure.

These are very strongly held immutable beliefs for me.


 True
 #Bitcoin  http://res.cloudinary.com/duz6er8nb/image/upload/v1718338169/zh8r6av3b3odkhlspyw1.jpg


It simply shows us it does not matter who's the figurehead. I am amazed that people still do not want to see it.


The idea that in a democracy, an obviously demented and cognitively impaired individual could be voted into the most powerful position in the world is not only a scary, but also a testament to the absurdity of this system.


Oh, nein! Was?? Wie??? Ohhh!!!

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


Financial privacy isn’t always about the government or corporations. Sometimes it’s simply about peers. Here’s an anecdote.

In Egypt, people born into lower socioeconomic statuses often don’t have a lot of flexibility for their life path. It’s often largely set by family and tradition, especially for women. And so, it’s kind of the luck of the draw how constructive their family is.

In certain social circles, a girl is generally considered the responsibility of her father. If she dates, has sex, doesn’t wear hijab, etc, then it is considered to reflect badly on him.

Once she marries, responsibility over her is transferred to her husband. He will usually control the main income, he will often control the family finances even if she does have an income, and he will often control most major decisions. And divorce is structured in favor of men here. Initiating a divorce as a woman comes with more limitations and consequences.

Many fathers push their daughters to marry pretty early so that they can relieve themselves of responsibility for her, even if she’s not thrilled about the prospective husband. She can be pressured socially, economically, and sometimes even physically. And at that socioeconomic level, she likely isn’t fluent in other languages, likely has not been exposed to outside ideas very much, is likely surrounded by people who would take her father’s side against her, and so the direction and pressure from her family is mainly how she contextualizes her role in the world.

So in many cases, someone goes from a girl with little power to a wife with little power at a young age, and with limited economic, social, or legal recourse if it ends up not being a good path. A decent percentage of fathers and husbands are abusive, unfortunately. In theory there are safeguards against this, but in practice it’s easy to fall through the cracks.

I know a family that owns an apartment building in Cairo, and they employ a husband and wife as live-in assistants to oversee the property and their family, like a casual butler and maid basically. He cleans, runs errands, and provides security, while she cleans and cooks. The husband and wife come from a low socioeconomic background, and have both been working for the family for 15 years, and are heavily trusted. They make like $4k/year USD equivalent combined, plus receive free basic shelter and a used car.

The husband and wife do not have bank accounts, so they just save in physical Egyptian cash that quickly devalues. Inflation in Egypt hurts people like them the most. With their extended family, they also own a unit for themselves in an apartment building in a poor neighborhood. It’s an unfinished raw brick building that they don’t live in. Their extended family all contribute to the shared building structure and underlying small land lot, and they own their unit within the structure and can choose to invest in finishing it with electricity and plumbing and flooring and furniture to live in, or just leave it as an empty brick hull. Many remain unfinished like that indefinitely throughout Cairo; it’s basically treated as illiquid savings and optionality.

Anyway, one day when the wife was getting a raise from the family that employs her, she asked that her raise be kept private from her husband. She wanted to have autonomy over that portion; their combined income is otherwise mainly under his control. Her husband is by all accounts a nice guy, but that is the common way of doing things in their socioeconomic circle. A private raise would let her keep a tiny bit of pocket cash in her own control. One of the things she wanted to do with some of her own money was send a tiny bit each month to a family member that needed help. So the family agreed to keep her raise private.

As her pocket cash eventually grew a bit, the next challenge arose: how to keep it safe and secret while living in a 250 square foot living area with her husband and daughter. She went back to her employer and asked if she could keep her private savings with them as an informal bank. They agreed to do that for her as well.

As is the case for many people like her, even though she doesn’t have a bank account, she does have a smartphone. Over time, certain types of mobile wallets and their widespread adoption could improve her ability to save privately and in less debase-able ways, and that don’t rely on the particular helpfulness of her employer. And if not her, then maybe her daughter one day.

A shoutout to all the devs working on such wallets and their ease of use; there are certainly plenty of people in the world who could benefit from them!


How refreshing...
🫂💜

https://video.nostr.build/ae715707c4c76c1cc82403c04de64fa7d6ea1febfc4d7a251c04b8b35179194c.mp4


I’m so fucking fed up with this fiat rat race bullshit. It has stripped romance from life. It is such an alienating feeling to be be amongst the walked dead and have not broken free yet.


Ein totalitäres System erkennt man daran, dass es die Kriminellen verschont und den politischen Gegner kriminalisiert. #plebchain #dystostr #Cancel1984


Absolutely love the fact that the Harvard business school guys don’t like bitcoin yet

And the Ohio state college alumni and their degenerate offspring

I hope everyone is in trailer park stacks before y’all

The ones that have benefited the most from the fiat system

I hope they are last to figuring out bitcoin


Money and state must be separated.

Until we end central banking democracy will keep being this joke.


so few people are interested in seeing reality as it is.


"The real cost of the state is the prosperity we do not see, the jobs that do not exist, the technologies we do not have access to, the businesses that do not emerge, and the bright future they steal from us."

Frédéric Bastiat


I'm looking for a Kindle reader app alternative. For reading, not for buying books.

What I would love:
 - Android support (I use GrapheneOS)
 - as self sovereign as possible
 - possibility to send articles from web to it using some kind of browser extension which removes formatting (I've been using Push to Kindle by FiveFilters)
 - possibility to send pdf end epubs. PDFs with usable formatting should optionally be shown as an ebook, not literally on page (Kindle would convert pdf to epub like book, which allowed me to read papers formatted for A4 on a smaller screen, zoom fonts). Send to Kindle alternative basically
 - the app would remember where I stopped reading for each book / article separately

I know about Pocket Books, LiberaFD and Moon Reader but they don't seem to support last two points which are important for my reading workflow.


Conscription is slavery, and it's coming to a country near you.

They want you if your aren't too old, and they definitely have their eyes on your children.

When you serve in the military, you are giving your lives to politicians and bankers. I'm not here to say you shouldn't volunteer. That's your business. But when the State believes conscription you is the only way it can survive, run for the hills. It now just looks at you as fodder for whatever it feels it must do to continue to exist.

This is the most obvious example the State can only survive by force. I hope people wake up to this before it's too late for our kids.


Don't donate to politicians. Donate to Opensats.


#Nvidia is up 203% over the past year. They make futuristic computer chips.
Abercrombie & Fitch is up 406% over the past year. They make cargo pants

Hear me out, Cargo pants...with #AI

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


* higher indoctrination


Life or Death

Freedom or Slavery

Bitcoin or Fiat

These are all simple decisions.


It’s almost impossible to win a battle with people holding the higher ground.

And we hold it. A higher ground of love, hope, freedom and abundance.

Every day, more join us.

#Bitcoin
#Nostr


Steuerhinterziehung sollte ein Volkssport werden!


If you still think that Trump, Clinton and Biden are on different teams you’re not going to make it.

#Bitcoin
 - nostr:npub159xcmvys8az0s5z8whjwr4senal5px6sjgmskvhyq2u0fkwpk2ds0zg2g6

#BitcoinTwitter
https://bitcointwitter.web.app/images/v3/335.png


It's hard to use Bitcoin as a unit of account for day to day purchases.

It's hard to use Fiat as a unit of account for retirement planning.

#AUStriches


The cope was already high with the etfs but orange man has tipped people over the edge lol Bitcoin just doing it's thing and dominating everything it comes into contact with. We're going mainstream enjoy the ride.


Würden Wahlen was verändern, wären sie verboten. Few.

#deepstr

https://image.nostr.build/df0d6029774765204acdc0e2cf8c4b57a82f40881e679600e01b459a10397711.jpg


If there’s money printing, there’s no free market capitalism.

Only sound money can get us there.


True wealth is well beyond money and bitcoin.

Sometimes it’s worth to spend sats for unforgettable memories or helping out a friend. Money is only a means to an end.

Even as bitcoiners we shouldn’t forget that.

Stack hard but don’t forget to experience life 🤝


Hi Jeff, could you elaborate for dummies?


Are there any other healthcare professionals who actively support a #lowcarb / #carnivore diet on #Nostr? It would be pretty cool if we organized and made a Nostr nests session, I feel there's so much we could learn from each other.

#asktr #asknostr #grownostr #docchain #carnivore #carnivoreditet #keto #ketogenicdiet #nostrnests


'I guess my point is, we've come a long way.
It's easy to get disenfranchised.
It's easy to get frustrated.
But we're doing the thing.
It comes down to people doing the thing.
You got to keep pushing forward.
And instead of complaining, if there's a problem or if there's something you think can do better, do it better. Just do the thing better.
And if we keep doing that, it'll compound.
And we'll empower individuals around the world.
As a result, more people will have freedom.
More people will have better lives.
And as a new parent myself, this is imperative,
I do not want my kids and my grandkids to live in a dystopia.
And if you do nothing, they will live in that dystopia.'

-  nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx


Fiat money is cancer. #CBDC is turbo cancer.

I 🧡 honest money.
#gold #silver #bitcoin https://image.nostr.build/98abdaafbc7dd3e5647564c635d80d1e7a6e2352dae5de5ce7175bbe2422628f.jpg


They are showing their discontent of the current thing that the government is gonna fix. 😉


"Activism is a way for useless people to feel important, even if the consequences of their activism are counterproductive for those they claim to be helping. and damaging to the fabric of society as a whole."
— Thomas Sowell


While everyone is being distracted by the Trump Traveling Circus Show, actual important things are happening
 https://image.nostr.build/469ec27b449db509029b72f2ce0a8bbdea6cc802781c5d1b6221e3728f8e0bfb.jpg


If Ross gets freed I hope he takes the necessary precautions to not wake up dead from a heart attack. It's all about diet.
 https://image.nostr.build/b7b6050ee5360216e19a6ec3306fbc610484c6d72bca673633a23dd5f123c223.jpg


💡NEWSFLASH

Regulated DOES NOT mean safe. It means compliant with the rules created to steal, censor, and surveil.

#Bitcoin in self custody is safe. 100% in YOUR control.

Few.


A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury, with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship. The average age of the world's greatest civilizations has been about 200 years. During those 200 years, these nations always progressed through the following sequence: From bondage to spiritual faith; from spiritual faith to great courage; from courage to liberty; from liberty to abundance; from abundance to complacency; from complacency to apathy; from apathy to dependence; and from dependence back into bondage

Alexander Tytler

#grownostr #freedom #quotes


Wow just figured out Bitmain's latest fuckery in real time.

I'll give you the back story...

Once upon a time Bitmain was grinding merkle roots instead of nonces aka "covert ASICBOOST".

This gave them an advantage over other miners who didn't know this was possible. One company went out of business - KNC - citing "the Chinese having some secret advantage we don't know about" - which turned out to be true precisely for this reason.

It's one of the reasons ASIC manufacture is so centralized today and this is correctly identified by many as being one of the most vulnerable aspects of the entire bitcoin ecosystem.

The ASICBOOST issue came to a head when Bitmain used their influence to block the activation of SEGWIT (essential for Lightning) because it would break their ability to do it - at least covertly. Well, they would still be able to use asicboost, but just in an obvious way that would mean everyone else could do it too. They had patented it so as to try and prevent this because that's the kind of people we're dealing with here but I digress...

When asicboost was independently discovered by Greg Maxwell Bitmain lied and said they weren't in fact using it.

This was after years of bullshitting about segwit, with Bitmain pretending to be in favour of "alternative scaling solutions" or even doing segwit as a hard fork instead which would allow them to continue what they were doing.....

Absolutely nobody believed them thanks to GMax having reverse engineered one of their ASICs and demonstrating what they had built and tried to keep to themselves.

This was a watershed moment in the fork wars where everyone suddenly understood why Bitmain had been making nonsensical arguments against segwit forever. Wanting big/small blocks wasn't a related discussion. Segwit fixed TX malleability and was a no-brainer upgrade and in the end was combined with a block size increase anyway as a compromise.

So we proceeded with segwit anyway, at which point Bitmain switched to overt asicboost which is actually even more powerful, it just requires grinding version bits instead of merkle roots but it's obvious if a miner is doing this.

Now everybody does it so essentially the net effect of it being possible is zero, except your node asking you wtf miners are doing signalling for upgrades your node knows nothing about (upgrade coordination is what version bits are actually supposed to be used for).

Oh well, relatively little harm done. If you're happy to ignore the obvious dishonesty and effort to undermine what's arguably Bitcoin's most important ever upgrade.

Fun extra tidbit: Antbleed - an intentional backdoor with which Bitmain could remotely shutdown any Antminer in the world. They said it was for shutting down stolen ASICs but immediately patched it once it was discovered.

Anyway, this company now accounts for 25-30% of all blocks found, if you naively observe the blockchain.

That's not enough to spook anyone, but unfortunately many smaller pools are in fact just fronts for Bitmain which we know for three reasons:

1. The smaller pools are clearly using blocks constructed by, or for the benefit of, Antpool.

2. They share the same custodian of their newly mined coins (Cobo).

3. They have a lending program to bail out smaller pools who get in over their head due to FPPS.

And the trend is sadly in the wrong direction, given Braiins recently abandoning its old payout model and becoming just a simple proxy for Bitmain as result of switching to FPPS.

[Massive shoutout to @mononautical and @0xB10C for helping uncover how centralized pools have become. Those are their Tweeter handles, idk if they're on Nostr.]

Summary - Bitmain is not just Antpool, it probably accounts for >50% of block templates and manufactures >90% of the mining hardware in the world.

So where am I going with all this?

Amazingly, it's about empty blocks.

What does that have to do with anything?

Well, famously OCEAN has found 3 empty blocks in its short existence, causing many to wrongly make allegations of some sort of issue with the pool itself.

This spurred on endless debate about why pools make empty templates in the first place and the actual reason so many of them get solved.

In short, pools send empty templates then immediately follow up with full templates. So quickly, that the interim period accounts for a tiny minority of the empty blocks that get found on the network, and none of ours.

In all three cases with OCEAN, the miner solved the empty block long after already having a full template to work on -

   - leaving the pool in a position to either throw away a perfectly good (but empty) block or to broadcast it to the network and get miners >90% of the reward of a full block. Obviously the latter makes sense and does zero harm to the network while still adding to the overall PoW necessary for any attacker.

So why would an empty block happen a few seconds after the pool had already sent an updated job for a full block?

Because Antminers suck.

*What we didn't realize was that they intentionally sucked.*

You can send an updated job to an Antminer and watch it continue to work on an old job for over 60 seconds in edge cases.

This was something we assumed was due to design of the ASIC itself, and thus just poor engineering on the part of Bitmain.

But it turns out we were wrong, it's due to Antminer firmware.

We know this because they just released a fix for it.

So Bitmain watched, while people kept mining empty blocks, everyone would wrongly attribute it to pools, while explainers on popular websites like mempool(.)space would offer wrong explanations about it happening due to pools being slow to send proper templates and seemingly no one would understand even the motivation for sending empty templates, let alone the reason they get worked on for so long.

But the fix being something that gets released right after OCEAN starts explaining what's really going on here is beyond reasonable doubt.

They had a fix for it, and have been using that fix for their own mining.

Now they can't get away with it because increasingly people are realizing that Whatsminers and ASICs from other manufacturers aren't finding anything like the amount of empty blocks because they switch jobs far more quickly.

An Antminer has a far greater likelihood of finding an empty block because it spends longer working on old jobs.

We've been out here yelling that the issue is with the ASIC *NOT* the pool.

The fact that Bitmain intentionally crippled the firmware on the Antminers they would sell to the world, while keeping more functional units for their own mining is typical of everything Bitmain.

Sure it can be incompetence and coincidental timing on the fix, but I sincerely doubt it.

The conversation around empty blocks reached the point where people were beginning to realize something was broken with Antminers and then they just happen to release a fix for it right after people finally start catching wind of what's really going on.

__________________

So imagine this -

You sell shovels to gold miners, and as we all know, the people who make money during a gold rush are the people who sell the shovels.

But in this case the shovel seller is digging for gold himself too.

And he has intentionally sold crappy shovels to all of his customers so as give himself an advantage.

Empty blocks kept happening, people kept blaming pools.

OCEAN got attacked over it. We explained the real reason they happen so much, and Bitmain releases a fix right after.

Insane.

This goes further than empty blocks.

It's not just empty templates that take forever to work their way out of an Antminer, it's *all templates* and pools are constantly updating work as new transactions show up.

A super lucrative transaction shows up in your mempool?

All other pools are sending an updated job to hundreds of thousands of Antminers who will ignore it for a while, while Antpool has their miners working on it more quickly.

It's not hard to see the motivation for all this, especially going forward as TX fees become more and more important.

Again, insane.

_________________

If you want to watch @wk057 and I figure this all out in real time, watch the video below which was just intended to be a discussion on why empty blocks happen:

https://www.youtube.com/watch?v=4BkyhdxnDrM


Well they are "completely different things".

Let me ask you this simple question.  Other than make more shitcoins as the mother asshole of shit coins and create tech to let shit coins be exchanged for other shit coins WHAT DOES ETH DO?

Give me a real world meaningful application in ACTION right now.   I pay for shit in BTC all the time, no one takes ETH.

It does "smart contracts"?  For WHAT?  Exchanging and leveraging shitcoins in the casino of exchange?

What does it actually DO?

Saying well nothing but it may do X some day, will prove my point.


The World of academia is a massive billion dollar business of toxic effluence. The damage done by their BS nonsense is vast. Paper after paper of crap


Thank you Peter. Looking forward to hear Saylor's perspective!


https://image.nostr.build/27eccb94155ed2df845fa4466bff80d91ee3f595dbcaa2e6623a7524b4d72e1d.jpg
 https://image.nostr.build/7b95bf5c11174b8d95c1e3818f2367d6b9fa753afa16714b1b835aa43b830314.gif


I don't know what I am more upset about: The ETH ETF or Breedlove dating an instagram model.

Just kidding, I don't care about the second thing.


If you’ve digged into the #Bitcoin rabbit hole

It’s time for you to do the same in food/health and the scams of the food and pharma industry

Your future self depends on it

🥩


We cannot continue to send our children to public schools for their education and be surprised when they come home as Statists


Wrong! There is too much food in this picture.


The legal defense fund for Samourai Wallet is now open and accepting donations: https://p2prights.org/

This particular fight is important because the precedent set in this matter will either reinforce the principles that non-custodial wallets are not money transmitters or it will put targets on the backs of all wallet developers.

If you really came here for the freedom tech then get in this fight and show your support. There will not be a second chance to repair the damage done  if the DOJ is not stopped here and now.


My radical extremist view is that people should be able to live their lives as they please, without having to deal with a constant barrage of bureaucratic bullshit forced down by people who fuck children and incinerate entire countries for a quick buck.
https://nostpic.com/media/0018b7ee33fb253843639c62e292fec700a69a93b08ee374c5bda971c9b39564/b3dd1fe81f36d9346614f01e5ffd2a9a4038e4e83540a7a6700528cdc7fa8af4.webp


Signs that you’re a Bitcoiner:
- Friends are tired of hearing about BTC
- Smash buying whenever fiat available
- Always close to zero fiat in your bank
- Checking the price 24 times a day
- Your wife is often freaking out
- Your stack is in cold storage
- Loves freedom
- 80 IQ


Politics is simply theatre for the slave class.


At least we found our Galt’s Gulch. 😉


In case you’re not following along, the State of California has spent over $11 billion since 2008 to build a high speed rail system from Los Angeles to San Francisco. This week they posted their first completion.

1,600 feet. Of concrete. No rails yet.
This feels like an Ayn Rand novel.

You can tell they aren’t serious about the work, because there isn’t any other construction going on. It’s just one segment all alone. Equipment is all cleaned up, worksite dismantled.

If you were planning to build 700 miles of track, would you bring in every separate trade group to build one segment start to finish, send everyone home, and then call them all back one at a time for the next segment? Of course not. https://i.nostr.build/nW7Ka.jpg


Bitcoin is money.

Prioritizing its store of value qualities over everything else is like prioritizing ice over everything else that water does.

Ice is cool and all (pun!?) but without water’s ability to sustain life, ice is useless.

Don’t let them tell you bitcoin is only a SOV.

Just like we wouldn’t let them tell us bitcoin is only currency so the supply cap needs to be eliminated…

Bitcoin is money - a store of value, a medium of exchange, and a unit of account.

Fuck the suits & fuck the spooks.

GM nostr 🤙


“ The best argument against democracy is a five-minute conversation with the average voter. ”


Anything involving the state


I suddenly find myself much more interested in coinjoin protocols. funny how being attacked tends to do that. fucking with bitcoiners is not going to work out well for them.


Good morning.

If you slept the prescribed 8 hours last night, the US government borrowed $1.94B in that time. And its Council of Economic Advisors has no idea what that means.

Have a great day.


Schiff is a clown don't listen to him. He is having the same debates since 10 years. His views were acceptable if he was confronted with bitcoin the first time. He is just trying to convince fools to buy gold instead if bitcoin.


SURVIVE IN THE JUNGLE OR EXIST IN THE ZOO.


If attempts were made to alter the base layer to this extent I'd seriously consider selling down my stack. There is no way I'm leaving my entire net worth in protocol change of this magnitude.

L2 is where you fuck around and find out not L1.

Satoshi made lots of tradeoffs, it's safe to assume privacy was one of them.

nostr:nevent1qqswux9fewf6rruzxrek22pgjxpx0mfr93rlzu0atenc0vms7f8ajwgprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvqgsqfjg4mth7uwp307nng3z2em3ep2pxnljczzezg8j7dhf58ha7ejgrqsqqqqqp48sxev


The answer to privacy on Bitcoin is not monero because monero is not Bitcoin


Stackerman

“The purpose of the system is what it does, not what it claims to do.” - Stafford Beer


Modern corporate culture is designed to promote female ambition, rather than raw talent, so it usually ends up full of useless harpies.


I view the arrests of the (alleged) Samourai Wallet developers/coordinators as the US Federal government kicking the hornet's nest. This criminal case is going to be significant. It takes time generally for defendants to find attorneys to represent them. As soon as I hear about a defense fund for these two, I will share the crap out of it. The government's jab on this one was way too far and I hope they come to regret it.

Standing by to help. Freedom tech will win in the end. Stay frosty, my friends!


I don’t want to install Twitter to know what Saylor did. What’s going on?

#imoutoftheloop


😂
nostr:nevent1qqspwwl09mk7yxjjtv94r2rrpnajtxnfs3wjyk47t2wgludh86rruncpp4mhxue69uhkummn9ekx7mqzyrgda0ulkyk7lq05847xjs5mk7zgz2kpunfd2w3q9km243l2fdrxcqcyqqqqqqg2c5trf


You think they’ll put all the Bitcoiners in the same gulag?


THE STATE HAS NO RIGHT TO TELL ME WHAT TO DO WITH MY OWN FUCKING MONEY OR MY TIME OR MY LIFE.

💀 GO FUCK YOURSELF 💀


Apple devices and AppStore is a bubble and echo chamber ! Using GrapheneOS over an hour and it’s amazing as fuck! So many functionalities opens up. Still noob


Your real life begins when you realize you don't need "their" approval.


Keep calm and HODL #Bitcoin.

Everyone seems to be overreacting to the Samourai arrests, the FBI PSA, and Phoenix leaving the US. Here's my attempt to break it down.

Samourai

You have to unpack all of the different elements. Could this be a state attack on self-custody and privacy? Maybe. Probably not.

There are a few components here that need to be evaluated on their own.

1⃣ Samourai was a self-custodial wallet
2⃣ Samourai was a mixer
3⃣ Samourai was providing normal people with privacy
4⃣ Samourai were knowingly marketing the service to criminals and flaunting that fact

Reading the charges, it seems like #4 is pretty cut and dry for this case. Their getting arrested for #4, doesn't automatically mean #1, #2, #3 are under siege as well. If Samourai was a taco stand laundering money and bragging about it, I'm sure they would be taken down too.

They may be accused of running a money transmitter now, but that may or may not stick. We'll find out in the trial.

All that said, we should always be vigilant to attempts to erode privacy and the ability to self-custody. It just does not seem that this fight is *that* fight.

FBI PSA

Seems pretty normal that the FBI would advise people to use compliant services, and the entire announcement seems to revolve around potential disruptions due to Samourai being taken down, and potentially others in the future. Given they took action, they have to post some bulletin about it.

Remember that when people lose funds or have funds stolen from them, they do go to the FBI for help. From their point of view, the best thing for people to do is use compliant services where they can potentially help.

The announcement concludes saying that services that purposely break the law will be investigated - so again we go back to #4 above. This is nothing new, and self-custody is not being criminalized.

Phoenix Leaving

As nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m said, it's feels completely unnecessary. Phoenix obviously is not a MSB and they are not doing anything illegal. In my view, their exit from the US app stores is a complete overreaction.

Keep Calm

Could "they" come after wallets, developers, mixers, nodes, LSPs, sidechains, eCash, VPNs, encryption, etc? It's totally possible. But if you're not breaking the law, you have nothing to worry about.

To my knowledge, there is still rule of law in the US, property rights are still protected, and privacy is enshrined in the Bill of Rights (nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu).

It would be very difficult to change the law or stretch it to incriminate these things because it's all just information and software, which is speech. Some will try. But as they are trying, #Bitcoin is becoming more and more mainstream and integral to the world's financial system.

#Bitcoin is freedom technology and it will continue on.

Go outside this weekend and think about why you're here.


this is it. we're moving to a new stage of the Endgame.

Japanese Yen ripping through barriers like paper, passing each level where the BoJ intervened before. The slow motion meltdown has finally begun to accelerate, and authorities are powerless to stop the decline, unless they want to dump their Treasuries.

Yellen probably on the phone with them tonight, warning dire consequences if they put their finger on the button to defend their currency. Japanese PM Kishida met with Biden this month, smiling on the surface, but pain underneath.

He knows, as Kuroda does, the terrible truth:

They are TRAPPED.

With debt to GDP at an eye-watering 263%, they can't afford to normalize rates with the Fed. Since they have to maintain low rates, a massive carry trade opens up, bolstering USD and pulling JPY down consistently. The longer the Fed keeps rates high the worse this blows out. News of a hot inflation in the US this morning made things worse, as now Powell has more justification for "higher for longer".

This means more pain ahead for the Asian behemoth.

In the US, massive 50% downside miss on GDP paired with hot PCE means stagflation is returning. With government interest expense at all time highs and trillion dollar deficits as far as the eye can see, this means more debt growth as we accelerate across the Monetary Event Horizon.

The walls are beginning to close in.

Attacks on Bitcoin have escalated, first with Feds arresting the developers of Samourai Wallet. Next Phoenix Wallet pulls their app from Appstore, and now DTCC is assigning 100% haircut to all crypto assets.

They're coming for the non-KYC wallets first. Then the nodes. Then self-custody.

Your privacy is at stake. Your future is at stake.

The truth is, they depend on us to keep the whole charade going. We man the barricades of the dying fiat monetary system. Without us working for their money, they have nothing to control us with.

"Look, the people you are after are the people you depend on. We cook your meals, we haul your trash, we connect your calls, we drive your ambulances. We guard you while you sleep. Do not... fuck with us." -Tyler Durden https://image.nostr.build/ec93e4c30decc93d926a9b0968a2cb253d96b2beafe2004798113ef506b73de8.jpg


Everything actionable you need to know about what this indictment means for you as a Samourai Wallet (SW) or Whirlpool user 👇

As a Samourai Wallet user (no Dojo)

Unfortunately, the architecture of SW meant that your xpub (a master public key, allowing anyone holding it to derive all your past/present/future Bitcoin addresses) was at some point in time held by Samourai, and could now possible in the hands of the DOJ.

Though it's a worst-case scenario, you should assume that your xpub was compromised, and thus all previous mixes you have done have been unwound and are now traceable. You should also assume that the gov can now derive all past/present/future addresses of yours and track movement of funds if so desired.

In addition, Samourai's coordinator and backend sync server was seized, and so SW will no longer sync, show received funds, or allow sending funds out. As such, you have to migrate funds to another wallet like @SparrowWallet following the docs here:

https://docs.samourai.io/wallet/restore-recovery#export-to-external-wallet

In addition, I would recommend migrating funds to a new seed phrase to prevent anyone holding the xpub from seeing all future received/spent funds.

You should also disable automatic updates in the Play Store (if used) to ensure no malicious updates are pushed.

As a Samourai Wallet user (using your own Dojo)

Thankfully, you avoided having your xpub potentially compromised. The worst case scenario for you is that your previous mixes may not have the full anon set you expected if non-Dojo users xpubs were compromised.

You will still be able to sync/send/receive from your Samourai Wallet app, but should also migrate funds eventually as no further updates will come out for Samourai Wallet. If you want to migrate, use the docs below:

https://docs.samourai.io/wallet/restore-recovery#export-to-external-wallet

You should, however, disable automatic updates in the Play Store (if used) to ensure no malicious updates are pushed.

As a Sparrow Wallet user

Thankfully, you avoided having your xpub potentially compromised as well. The worst case scenario for you is that your previous mixes may not have the full anon set you expected if non-Dojo/Sparrow users xpubs were compromised.

There is no real need to rotate to a new wallet etc, and Sparrow is still an excellent option. Unfortunately you will no longer be able to mix in Sparrow as the Samourai coordinator was seized.

Next steps for privacy

If you (like me) relied on Samourai Wallet for privacy on Bitcoin, it's time to look elsewhere sadly. As of today I have two recommendations:

Use Monero for spending, keep using Bitcoin for savings

Yes, this isn't Bitcoin, but its by far the most used and most practical privacy coin out there with strong (and growing) ways to swap in/out of it without a centralized, KYC exchange. My recommendation is buying enough to cover your normal spending of Bitcoin for a month at least, and spend out of that lump sum as needed.

Learn more:

getmonero.org

Where to get Monero:

bisq.network
Trocador.app
In Cake Wallet's exchange feature

Wallets:

Feather Wallet
Cake Wallet
Monerujo Wallet

Merchants that accept Monero:

monerica.com

cryptwerk.com/pay-with/xmr/

Use JoinMarket

JoinMarket is a decentralized Coinjoin protocol that brings together peers to mix funds together, gaining strong privacy without relying on a central coordinator, without giving fees to a central entity, etc.

The best way to get started today is using the new UI built around JoinMarket, @jamapporg:

jamapp.org

Have any more questions? Drop them below and I'll do my best to answer them.


Don't come to _______

*any country of the western world


If we are going into the high fee environment coinjoin will be pointless because nobody will pay soo much sats that. Guess we need something better


The indictment against the alleged Samourai Wallet (SW) operators was unsealed today. A few friends have been asking for my opinion on it and my channels are blowing up. I used to serve in law enforcement as a detective that specialized in cybercrime and blockchain analysis. The following information may be useful or interesting to some.

Reading through the Department of Justice’s press release and the indictment itself, here are my initial thoughts:

There are plenty of examples of past investigations resulting in arrests/convictions related to the operation of custodial mixing services, with Bitcoin Fog being the one in recent news. With a service taking custody of funds and moving funds between other people/users, they are likely going to be considered a money service business. And if a money service business doesn’t block Americans from using the service, the US Department of Treasury will require the operators of that service to register with them and follow their compliance regulations. Many foreigners have been arrested in foreign jurisdictions in order to be prosecuted in the US with an American judge and jury for allegedly violating federal American laws (read that sentence twice).

With these sorts of cases, you are typically dealing with the idea that a service didn’t register correctly and follow compliance regulations. And then the other idea is that the operator of the service knew and allowed funds to move through it that would be considered “illicit” or “sanctioned.”

Examples of illicit funds may be proceeds from illegal drug sales or funds stolen from someone. The sanction piece can involve entities, such as particular Bitcoin addresses, individuals, companies, or countries, using the service or receiving from the service. The US federal government maintains a sanction list.

The above summary has been an on-going fight on privacy, censorship, and regulatory overreach for a while. It isn’t new (and Roman Sterlingov should be free). SW’s indictment is different from the situation I summarized above though.

SW was a non-custodial service. This means that users controlled (their private keys to) their funds themselves and the service provider (SW) allowed the coordination between users through its infrastructure, such as the app, the server, the continued development, etc. This makes this case much more interesting and more concerning to me.

Regarding the first count against the men: Conspiracy to Commit Money Laundering. The SW indictment alleges that SW was a service that provided “large-scale money laundering and sanctions evasion.” So we are talking about users using illicit funds with the service and sanctioned entities using or receiving from the service. And we are talking about the SW coordinators “conspiring” with the relevant users to do this.

The indictment is constantly referring to SW as an “application” that is conducting or facilitating the mixing through a “centralized coordinator server.” Who controls the application and server? Allegedly the two men named in the indictment.

When it comes to SW’s Whirlpool service: Through their server, their application is selecting the inputs. Their application is communicating information between all users necessary for the mixing to occur. Their application is using the private keys on behalf of the users. Their application is broadcasting the mixing transactions to the Bitcoin network. The picture the indictment is painting is that the application and server are essentially doing the money laundering, as opposed to the users using the service. Similar verbiage and logic are used to describe SW’s Ricochet service too (adding hops to a send you intend to do).

The above summary is the most shocking piece of the indictment, in my opinion. The implications of this reach beyond Bitcoin-related apps and services. Think of the apps and services, just in general, that a user could use to engage in criminal behavior. Now think of arresting the developers/creators for what the user did.

Regarding the second indictment against the men: Conspiracy to Operate an Unlicensed Money Transmitting Business. The indictment says the SW operators were “involved in the transportation and transmission of funds intended to be used to promote and support unlawful activity.” There isn’t any mention or consideration of custody of funds in this. The logic of the indictment: Some users may have used SW’s application and server for “unlawful activity” and therefore, SW was involved in the unlawful activity. Again, this is a scary precedent. Think of the applications and servers out there right now that users may be using for unlawful activity.

There are many mentions apparently from the coordinators themselves that address the knowledge and intent element (important for a criminal trial). The SW operators were obviously passionate about financial privacy and resisting compliance regulations. Their messages (especially with their style of messaging) will be easy to spin/take literally, even if the coordinators were just trying to be edgy with their marketing/brand. The SW coordinators did not help themselves in this regard.

I think the government will focus a lot on the coordinator’s knowledge and intent of the service being used for illegal activity. I believe this is how the government will “limit” the scope of the precedence and how it will try to differentiate the SW service from others.

Regarding the illicit funds/sanctions piece: The blockchain analysis showing funds from Dark Web markets that sell illegal drugs flowing into SW’s Whirlpool will be easy for the prosecution. The same goes with sanctioned entities sending to or receiving from SW’s Whirlpool. It will also be easy to show funds flowing from known hacks, exploits, and/or thefts flowing into SW’s Whirlpool. The government will need to prove the men knew this was happening and that they facilitated it by providing the SW application and server. Their mouths may be their downfall on this one, but I think it is pretty clear that the SW operators’ intent was to provide a neutral financial privacy tool that didn’t control user funds, leaving the responsibility of the use of those funds on the users themselves.

With the logic in this case, I wonder if it will be argued that blockchain analysis companies are also culpable since they surely had their own funds being mixed in SW’s Whirlpool to collect data points. Were their funds facilitating illegal activity? Or were their funds facilitating financial privacy in general? (Maybe facilitating privacy was just the byproduct of having the chance to trace through exclusions.)

Overall, the case leads to some interesting questions.

Is a wallet software and developer a money service business now? How about a full node? These both facilitate the transmission of funds too. The implications of this case are not good for privacy or code. I’m ready to donate to the defense.


Honored to be able to help bring the Finney Freedom Prize into the world today

Hal was such an important figure, for so many reasons. We hope the prize can inspire many future Hals, as we move through the next 100+ years, where the fight for digital privacy and financial freedom will be so critical for the success of civilization and the open society

All details at finneyprize.org — be sure to watch the video about Hal’s life :)


HRF’s Bitcoin Development Fund has made several grants to JoinMarket projects and contributors

Now would be a *great* time to apply for funding to do this kind of work!

Feel free to DM me if you need the link to apply


Privacy is normal and good.

There has been an effort among authorities to make “money laundering” and “financial privacy” the same thing. That is, the mere act of moving money privately itself becomes a crime. That’s not okay.

Money laundering is when money that is obtained through crime is concealed by obfuscating it with clean money. The actual crime is the initial non-financial crime (say, mob stuff), and historically money laundering involves manual activity to work with the criminals.

Now that open source tech can make certain transactions private, authorities increasingly equate all private money transfer with money laundering, even if the developer of the open source tech had no direct involvement with criminals. Authorities target them regardless, and sanction the technology itself. Financial privacy becomes synonymous with crime in their minds, and in the minds of the public.


FINANCIAL GRAVITY:

If we divide the performance of the S&P 500 by the Fed’s Balance Sheet since the GFC, the LINE IS FLAT.

This means that there has been basically NO REAL growth in stock prices since 2008- with the only rise in prices due to money printing.

The correlation coefficient between central bank quantitative easing and the price of stock indexes is nearly 1.

The money printed by the Fed, because of the structure of the Open Market Operations, is plugged directly into the Treasury markets, and from there, flows into equities and derivatives.

This has served to primarily enrich the asset owners, financial institutions, and wealthy elites who own the majority of the stock market anyways.

The entire rally has been an illusion, financed by the Fed and maintained through QE.

In the black expanse of space, many things are not what they seem. https://image.nostr.build/510f645af3a6c1d1da30f75a91ce18cec3708fea5d3fb5dc258587559606b63f.jpg


I am fighting with my wife since months whether our child will get further vaccinated or not, but I feel I am slowly convincing her...


Falling down the vaccine rabbit hole at the moment (not only covid) and reading "Turtles all the way down". It is unbelievable how we are played...
nostr:nevent1qqsrs0pm9fhvgap74k3sk2wl44djt00q4yd3rhxc4rqgfztlu4w0jxcpp4mhxue69uhkummn9ekx7mqzyz2cka22r577td0v5rlrr5k42h69zvjlsjv2s0dpn9ahln2u885gcqcyqqqqqqg2ge4zh


Somebody told me being a gold bug is a harder emotional journey than being a Bitcoiner.

I disagree.

Being a Bitcoiner is hard because you’re constantly oscillating between being a winner and a loser.

This fucks with your emotions.

Whereas being a gold bug is easy, because everyday you can just wake up and look at yourself in the mirror and say “yep, there’s that fucking loser again”. https://image.nostr.build/a3c0aa21f59ee3199b83faf5c391700ba575f069da6ecadfbba54e9eeea3b27e.jpg


Being "awake" enough to question literally everything you've ever been taught, even the most absurd-sounding propositions, and continually deducting that one after another has been a lie... is an incredibly lonely path. It is especially lonely realizing that humans have been defrauded into slavery in multiple ways for decades, likely centuries, and very few around you can see it, nor do they care to question anything at all.


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

# Halving Fee Chaos

The Bitcoin halving is an anticipated event, one of those Bitcoin holidays that happen every once in a while. Along with Soft Fork Activation and various financial instrument introduction days, it's one of those not-quite-predictable days that occur every few years which give Bitcoiners reason to pay attention and mainstream media to speculate.

This year's halving was much anticipated, as halvings usually are, but we had a bit of an incident that requires some further explanation. The block subsidy decreased from 6.25 BTC to 3.125 BTC on block 840,000 as expected, but what wasn't expected was the 37.626 BTC in fees that came along with it. To give some context, that's easily the highest ratio of fees to block subsidy that Bitcoin has *ever* had. [One transaction](https://mempool.space/tx/152b928e97bb9e874da1bd4abdf766ae0cdc7a2f260dad5542967cb414c58489) paid nearly 8 BTC in fees by itself.

## More Fees

It wasn't just block 840,000 that had high fees, over the next 5 blocks, we had fees of 4.486, 6.99, 16.068, 24.008 and 29.821 BTC respectively. The fees are the highest it's ever been. This situation in Bitcoin is unprecedented.

Up to this point in Bitcoin's history a block whose fees were higher than block subsidy were pretty rare. There were a few in the 50 and 25 BTC eras, but these were mistakes by the user (usually forgetting to put in a change address) and almost all of the fee came from a single error transaction. In the 12.5 BTC subsidy era, there were a few transactions toward the end of 2017 when the cumulative fees exceeded the 12.5 subsidy. In the just-ended 6.25 BTC subsidy era, there were many blocks during the ordinals craze which exceeded the 6.25 BTC subsidy.

Still, these were relatively rare, and most blocks even in the most recently completed era mostly didn't exceeded 1.5 BTC. Yet in this new era of 3.125 BTC subsidy, every single block as of this writing (block 840018) has had fees exceed the subsidy, some by many multiples. So what happened? Why was the halving block getting so much in fees?

## Runes

The reason has to do with a new protocol called Runes. It's yet another colored coins protocol on top of Bitcoin that Casey Rodarmor designed back in [September of 2023](https://rodarmor.com/blog/runes/). The main idea is to allow coin issuance on Bitcoin that uses the UTXO set natively.

Now to back up a bit, colored coins have been around for a long time. The main idea is that you can "color" certain Bitcoin transaction outputs as meaning something in addition to the Bitcoin amount in the output. It could be another "asset" and issued as a token. The first implementation of such a protocol happened 11 *years* ago in 2013 and there have been many attempts since, including MasterCoin (renamed Omni), CounterParty, and more recently, RGB, Taro Assets and BRC-20.

As Rodarmor states in his blog, his motivation for making another protocol is to bring some of the asset issuing from other chains to Bitcoin. To make the launch of this protocol more interesting, Rodarmor decided to start the issuance on block 840,000, leading to the chaos we saw.

## Simplification vs Game Theory

Casey Rodarmor is also the creator of ordinals, and he took one of the concepts, which was to name assets using the capital latin alphabet on Runes. This is a normal fine choice, but what happens when there's a conflict? If two assets have the same name, how do we distinguish between them?

To simplify things, the protocol just looks up what assets exist already and if the name conflicts with something that exists, then the new asset isn't issued. This indeed simplifies the client and gives a global unique name to each asset. Unfortunately, it also makes for some terrible incentives.

## Sniping Asset Issuance

The first incentive problem is that if the transaction issuing the asset is sent out to the Bitcoin mempool, then as that transaction is gossiped to nodes around the network, other observers can snipe the name by getting the transaction in earlier.

Now "earlier" in Bitcoin is a strict concept. Blocks are ordered and transactions within a block are ordered. Whichever comes first gets the symbol and the asset issuance. But if you want to squat on a good symbol name, you can just look for mempool transactions that are attempting to create a new asset and create your own with a bigger fee. That's the essence of sniping.

What's really terrible about a situation like this is that *both* transactions will likely go into the block, but only the first will successfully issue the asset. The second will not issue the asset but *still pay the fee*.

Miners generally order transactions by fee rate, so a higher fee likely means that they'll get to issue the asset. I say likely, because there's a second incentive problem here I'll discuss later. But game-theoretically, both participants are incentivized to increase fees continually to one-up each other. The dynamic is similar to the [One Dollar Auction](https://en.m.wikipedia.org/wiki/Dollar_auction), where participants end up making rational choices, but end up with an irrational result (like paying $1.50 for $1). Every loser pays lots in fees for nothing.

## Second order Game Theory

Now given this first-order incentive playing out, it's not a surprise that a lot of issuers purposefully put in a very high fee initially to discourage anyone from trying to snipe the symbol. After all, if your sniping attempt fails, then you lose out on the fees you tried to snipe with. There's also a significant uptick in the usage of RBF for this reason, so that you have the option to one-up the sniper and the sniper to do the same to the issuer.

Note that RBF isn't useful here to *get out* of paying the fee, as a replacement transaction has to pay more than the previous transaction in fees. Either way, the miner ends up with the fees.

Now back to the miner's role. The miner can, if it so desires, give preference to the *lower* fee transaction by including it earlier in the block. Indeed, the incentive is to give miners off-band fees if possible to order transactions in such a way as to win by not revealing how much you've paid. Miners in this protocol have a lot of leverage.

## Conclusion

Runes have resulted in some really high fees, though it's hard to know if the design was intentional or unintentional. What we do know is that Runes have been hyped up for the last few months and have been anticipated for a while, and certainly being one of the first assets issued under the protocol has some marketing value for the eventual goal of getting them listed on an exchange.

Sadly, in addition to the normal scamming of altcoins being completely centralized, there is a deeper cost in terms of block space congestion, where fees of 1000 sats/vbyte are currently not enough to get into certain blocks. The Runes asset issuance has overridden almost every other use case at the moment.

That said, the current rate of Runes issuance is completely unsustainable. Just in the first 18 blocks, there's been over $20M in fees spent, most of that in Runes issuance. At this rate, Runes issuers would be spending $150M a day or $1B a week. I honestly can't see them doing this for much longer than a month or two. In the meantime, it must be great to be a miner finding these blocks.


Need more sats before the halving?
https://i.nostr.build/DjGmv.jpg
#halving


'None are more hopelessly enslaved than those who falsely believe they are free.'

Johann Wolfgang von Goethe

https://cdn.nostr.build/p/qkGg.png
#wisdom #philosophy #psychology #spirituality #poetry #art #surrealism #psychedelic #dream #midjourney


The same people who say inflation is transitory. The same people who say 7 rate cuts in 2024. The same people who say the labor market is strong. The same people who say the deficit doesn't matter. The same people are lying to you every fucking time.


rights aren’t given, they’re taken.

bitcoin and nostr help you take and defend them, peacefully.


Never did that. Now I feel like I missed out.


Why would you want that?


The Google and Apple app stores are not just State protected monopoly, they are tools of US Imperialism and global censorship.


In an age where you have nearly all the cumulative knowledge of humanity instantly available at your fingertips, willful ignorance is a sin.

This is a golden age for the inquisitive mind.


Most conspiracies are perpetuated by the shared ignorance of the participants. An ignorance that drives them to similarly stupid actions which they all become invested in once made. If they will harm their kids, they will harm you too with all the certainty of an "expert."

https://image.nostr.build/77d31e35813eff439704a3ae2e064bdf7fec7f9b104ee8819a154c9922bce1d1.jpg


been scrolling nostr for over a year and have yet to see an ad. this place is pretty cool…