An orange creature re-enacting that scene from Titanic. The hippo below has taken this personally and is not amused.


Centre: an evil looking giraffe🦒 . Its ears form the eyes of a stern owl-bear hybrid 🐻 🦉 .


Duncan - as a non-technical person my concern is that e-cash, if it becomes too successful, could weaken the core appeal of Bitcoin i.e. its fixed supply.

I did a quick bit of research and found that Calle has already discussed this in a Citadel Dispatch (25 minutes and onwards). Some notes:

Slow-rug risk: printing e-cash which is not 100% backed by Bitcoin.

Some solutions (not yet perfected, but being worked on):

- proof of liability databases
- automated bank-runs
- integration with a federation so the user is not trusting a single e-cash operator

{Note: I post what I find interesting at a particular moment in time.}

note1m6tjj928vj0gmxgjtq2qplf944qwjpg78xrdqawct6szwkmcuurqmq7x7q


‘Bitcoin is easily captured via institutions as a store of value, and so the "then they fight you" stage is against Bitcoin as a means of exchange.  If Bitcoin leaked into the economy at large as a means of exchange it could no longer be captured as velocity would be too high.’

https://stacker.news/items/530339/r/halalmoney?commentId=530492


‘When honesty is optional, trust is a vulnerability. An open predictable monetary policy allows one to make informed decisions about [one’s] wealth.’

https://stacker.news/items/530148/r/halalmoney?commentId=530177


Interesting. Not so much a case of the super-rich co-opting Bitcoin but vice versa.


The Lucretius Problem: How History Blinds Us

The Lucretius Problem is a mental defect where we assume the worst-case event that has happened is the worst-case event that can happen. In so doing, we fail to understand that the worst event that has happened in the past surpassed the worst event that came before it. Only the fool believes all he can see is all there is to see.

https://fs.blog/lucretius-problem/


‘Bitcoin isn't here to obviate credit.. it's a measuring stick against the Cantillon effect of central banks with added systemic optionality.’

I’m enjoying your insights over on SN nostr:npub1xvtwx6tduaxnn9v3y7uasskl277achgu0tu2qncmc7hdsz6y2zyqce64sa ! Thanks


‘It’s sad when the system’s harshest critics understand it better than those running it.’

https://stacker.news/items/527584/r/halalmoney?commentId=527746


Clown-world: new level unlocked!


The koala bear closed its eyes in disappointment when it realised its nose resembled a horse’s head.


‘Find your tribe and build, ignore the noise and focus on your north star.’

https://stacker.news/items/527201/r/halalmoney?commentId=527336


‘the intelligence community… know how to push narratives into organizations, find internal champions for those narratives, and then apply subtle external pressure to force the organization into the path it wants them to go.’

https://stacker.news/items/527346/r/halalmoney?commentId=527435


"The kids these days just do what the apps on their cell phones tell them to do. There is absolutely no critical thinking done whatsoever. We buy the influencers who then go and influence people when to protest. We also have friends in media we can lean on to favorably cover the protests for out customers to encourage them."
-Guy Bunderswag, Founder of PoD

https://stacker.news/items/526815/r/halalmoney


Its even more dumb then ordinals because at least with ordinals you can do scams.🤣🤣🤣
nostr:note1tah4juqhxsn04aeff4v4qx2mek6a4063qke67yclk7cd2mwtn49slxl0xr


So you sell your kidney to get more corn, only for the organ recipient to get your keys…..


‘For most people at most times, political beliefs are not the result of logical thinking or the scrutinization of policy arguments but social calculations. People tend to adopt the political beliefs of their social milieu and use discussions about politics not to try and convince others of their beliefs but to signal to their tribe that they belong.’

https://mises.org/mises-wire/what-campus-protesters-and-their-critics-get-right-and-wrong


I’m waiting (in vain) for:

Government Admits Its Currency Could Cause Widespread Societal Misery


‘The biggest threat to protocols are influencers. They end up making them permissioned and political.’

https://stacker.news/items/524031/r/halalmoney?commentId=524510


‘Truth isn't enough, even when it's easily demonstrated and replicated.  A slew of social forces have to be aligned, too.’

https://stacker.news/items/525232/r/halalmoney


‘nothing but the state… can defend us all…’🫠

“I remain convinced that we stand at a turning point, where the long-term emotional and political impact of the bankers’ crash, Covid, austerity, Brexit and the oil-price rise has left a country knowing that nothing but the state and strong international institutions can defend us all in a turbulent world.”

Polly Toynbee is a Guardian columnist

https://apple.news/AXt2n6LgdQqOvenuJe-qsJg


‘in the rush of the day, we see speed as an answer, but when the body rests, we also see that we should have been more cautious about where we put our money. It's okay to do nothing, and bitcoin isn't a boring stone, it's an object of contemplation. Less YOLO, more reflection.’

https://stacker.news/items/524298/r/halalmoney


‘No one wants to believe the juggernaut has a leak.’
nostr:note1uw0n7re632rvnzxe5d0tg556estezs6qemfs5yht9x63hwz9r40snqed5l


Me: Nice try, Fed.

Also me: Nostur.


‘everyone knows big events are always theatre to promote political rhetoric’
nostr:note1tzmmr4ady7jy8wlgj5ehlle4rpx4qcly78fndflau384eykwcehq53ajjx


‘Bitcoin is tethered to reality using a mathematic asymmetry, an asymmetry so significant the work required to mine and secure bitcoin can't be forged. Yet, once mined, verifying, sending, and storing this work is relatively trivial. It is through this tether that Bitcoin gains the benefits of the internet, globally settling units of this work quickly, while producing work that's as unforgeable as the screen you're reading this on.’

https://stacker.news/items/523435/r/halalmoney


‘…user owned identity and open data lead to online trust, which is a beautiful and deflationary force, capable of disrupting predatory marketplace middlemen…’
nostr:note195pzs7atuma90cnmutjmnpy07uyxp7ky2j7m8ylxplkaue826kjsdtywmq


‘Human freedom is now dependent on cypherpunks becoming more powerful than the State.’
nostr:note1y8ydy8weegp972t08s34nvxhzy5wfxpr9g83zcglmqn6d298f9espyjunj


https://app.btcln.app/clock
https://nostrcheck.me/media/134743ca8ad0203b3657c20a6869e64f160ce48ae6388dc1f5ca67f346019ee7/2efcf4e9faf68f6c6730e8a0131032015ff69934fe3f42d4ca20f2b937bc639e.webp


‘[PoW] is great for money bc no amount of stake in the money should allow you to change it. The point of money is to have a ledger for the social / economic game of life.’
nostr:note1f4vx002zca6rzddn32675xrtasnedjeuwvc4zfh7w4mfkqrmyn7qx8cw36


‘Almost any honest way we look at things, decentralization comes out as functionally superior and morally superior. Save of course, if we want to project violence and skim from working people. In that case, the state is superior.’


‘either the truth will be forever suppressed, or state worship will end.’

https://freemansperspective.com/science-won-might-obsolete/


‘The people who worked hard to make Bitcoin a threat didn't do it so that you could get rich. They did it so that you could continue the fight.’
nostr:note1pm3cdadxr5s9g8hzfmkszl6l0p933wxenp7uxtl8u6hy7kg7gf2q5jk449


‘Satoshi was just one voice in a chorus trying to articulate physical freedom by digital means.’
nostr:note1t9svx36d8atgxazd8y84q76zp88ftrj48ksfjr3skfmjs33kxclsn4072m


‘you do not need everyone to join the bandwagon to make an effect on the world. Bitcoin is proof of that concept.’

https://stacker.news/items/520564/r/halalmoney?commentId=520685


A closeup image of an insect’s head. Fine lines can be seen around its mouth  and brow.


‘The fiat world is on [a] self destruct timer, and Bitcoin is the black hole that swallows it all.’

https://stacker.news/items/520036/r/halalmoney


‘According to the government Bitcoin must have quantum properties. It is both a currency and not at the same time. It only picks a state when observed by the government. Schrödinger’s money if you will.’

https://stacker.news/items/519405/r/halalmoney?commentId=519438


It was a normal day for Bitcoin. He carried on as usual. He picked up his head and flew off to work. 🐝


‘You have the strongest hand in the history of humanity. Stand up to the bully.’

#Bitcoin
nostr:note14vxuyqqw3mh53rxwqeh9xh4gm7hy0aqlshvysc3mtnmr8cc0g3cqu4j4nt


‘All centralized and federated solutions will be closed and if their creators are known, they will be jailed unless it is a honeypot. In the same way for decentralized solutions, if their creators are not anonymous, they will also be imprisoned.’
nostr:note1h3xmp9hhc6cg4j0adnnwevfgnvvmaaeas4cdrfruv3lrnph3xnys5jk64e


‘Those in power decide what outcome they want, then put it through the due process charade.’

https://stacker.news/items/518032/r/halalmoney?commentId=518188


‘…why was the Federal Government bringing in drugs to the country during a time they were also ramping up the War on Drugs to prosecute the users of the drugs they were importing? Well the answers to that are locked away for national security reasons, so all we can do is believe that it was done for the correct reasons to keep our country safe.’

https://stacker.news/items/518250/r/halalmoney


‘Unlike the base layer of fiat, the base layer of bitcoin is permissionless.

…If bitcoin and particularly various private methods on top of it were to be adopted at massive scale, the entire tax structure and other things would need to reshape themselves around that reality. And so they won’t make it easy; they will try to criminalize financial privacy as much as possible while the network is still pretty small.’
nostr:note17j59y5satmsheftqkuhh9f7dmpernlyz62r2vrjcz6qwf2da6veseke2ah


‘…BitVMX does not rely on large Merkle trees for gate-level verification. Instead, it uses a more streamlined approach by executing CPU instructions directly using Bitcoin script opcodes. This makes it far more suitable for real-world applications and unlocks use cases such as running sidechain light clients and verifying SNARKs.’

https://www.rootstocklabs.com/content-hub/announcing-bitvmx-an-advanced-computational-layer-for-bitcoin/

https://media.tenor.com/wamL_NeO8-wAAAAC/bunnies-what.gif


Possible unintended consequence 1: VPNs go mainstream

Possible unintended consequence 2: PWAs go mainstream


‘Bitcoin has just had its Halving, the Fed and other major central banks are celebrating their 'Quartering'. The major central banks have destroyed a quarter of our purchasing power since 2020 through the debasement of money.’

https://stacker.news/items/516933/r/halalmoney


Phrases from the hyperbitcoinized timeline:

‘Some people have more money than sats’


We (Bitcoiners) have assigned a high probability to Bitcoin being massively undervalued.

Most people new to it: https://media.tenor.com/tqERWt8lBYEAAAAC/calculating-puzzled.gif


‘We must innovate PAST the traditional system. We must OPT OUT and build what bitcoin was always meant to be.’

https://stacker.news/items/314442/r/halalmoney


#nostr

‘I want random weird interesting smart people around me who share their ideas in a free and open space that isn't controlled by anyone.’
nostr:note1amqjnf7mqpklwmry3hsczh9v4cmp3sc2ktcn927ng694tp42re6q3cks2q


I like the Bitcoin naysayers. I listen to them, continue stacking anyway and get to feel more intelligent than I actually am.

https://media.tenor.com/tJgwRHbZRKkAAAAC/everyone-is.gif


‘If the original intent of the North Atlantic Treaty Organization (NATO) was to “keep the Soviet Union out, the Americans in, and the Germans down,” it would seem the war in Ukraine is accomplishing at least one of those objectives. Germany—and Western Europe in general—has suffered mightily as a consequence of policies implemented with full US support. The situation is especially acute in the energy sector, where observation would indicate the overt goal of US foreign policy is to cripple the ability of Germany to compete in the global economy. If this indeed was the objective, it seems to be working splendidly…’

https://newsletter.doomberg.com/p/friends-like-these


1. Most people seem to have a very poor understanding of politics and economics.
2. Most people seem to numb their pain and bury their misgivings with good old bread and circuses.


‘Herbert Stein – head of the Council of Economic Advisers in the 1970s – observed that “if something cannot go on forever, it will stop.” If the US doesn’t get its fiscal house in order, a future US president will have the truth of that maxim confirmed. And if confidence in the world’s safe asset evaporates, everyone will suffer the consequences.’

https://archive.ph/2024.04.03-202555/https://www.bloomberg.com/news/articles/2024-04-01/us-government-debt-risk-a-million-simulations-show-danger-ahead


‘It would take a lot to shake investor confidence in US Treasury debt as the ultimate safe asset. If it did evaporate, though, the erosion of the dollar’s standing would be a watershed moment, with the US losing not just access to cheap financing but also global power and prestige.’

https://archive.ph/2024.04.03-202555/https://www.bloomberg.com/news/articles/2024-04-01/us-government-debt-risk-a-million-simulations-show-danger-ahead


One man’s society is another’s tax farm.


He doesn’t understand that the Bitcoin table is the Money.

https://media.tenor.com/gthc82EIGvYAAAAC/captain-phillips-look.gif


A man being swallowed by a monster. The poor chap’s legs and boots are outside its mouth but to no avail.


‘at the end of a long credit cycle, states will always tend to finance their warlike actions with the morally enforced money of their citizens’

https://stacker.news/items/515441/r/halalmoney


👀
https://nostrcheck.me/media/134743ca8ad0203b3657c20a6869e64f160ce48ae6388dc1f5ca67f346019ee7/60074d334f2d376d3885f66d10cd81cb3ac8a150a013f1a9744eeaecf25f047d.webp


All the sixes! A few moments ago.
https://nostrcheck.me/media/134743ca8ad0203b3657c20a6869e64f160ce48ae6388dc1f5ca67f346019ee7/b07b24040d402029184161832999c31f0f0e300cb72107e997aa18415f903e61.webp


‘Bitcoin encourages [an] abundance mindset. Fiat encourages [a] scarcity mindset. A bitcoiner can plan for the future instead of being stuck in [a] panic about how the future will look. What a gift.’

https://stacker.news/items/514729/r/halalmoney?commentId=514771


‘that's the genius of BTC... productive allocators benefit over passive consumers’

https://stacker.news/items/514401/r/halalmoney?commentId=514680


‘naïve climate moralism will not replace dynamic economic growth and investment activity.’

https://stacker.news/items/514149/r/halalmoney


It’s a hedge against an extinction level event on Earth ( e.g. a giant meteor we can’t divert away ).

It has benefits e.g. technology developed for use in space could be utilised here.

It flatters the egos of billionaires and so diverts at least some money away from lesser pet projects.


If Money is Power

And Power is Control

Then splitting State from Money is our

Aim; and better for us all


‘At the end of the 5th epoch…
- Bitcoin will still be a teenager; gangly and a bit clumsy still, but [its] adult form recognisable and full of promise for the future’

https://media.tenor.com/z5nssGCv3qwAAAAC/crypto-nfts.gif

nostr:note1ht6ecmzfze9wdah73eq6rj9xywynjsqmazvq703p2alxjaz29jnqmwzc3v


‘Bankers are greedy, insecure, often fat coke head unhappy dysfunctional social lepers masquerading as semi functional human beings.’

https://media.tenor.com/8ilEJaC9Fb4AAAAC/pirates-of-the-caribbean-johnny-depp.gif


Thanks Mike. There’s much food for thought in this exchange.


Pragmatic me: I should acknowledge I’m an easy target for the determined State.

Principled me: I should at least be a moving target, if only to preserve my integrity and spirit.

https://media.tenor.com/eaa5aZuSoV8AAAAC/electro-kingdom-black-magic.gif


If Bitcoin gains ascendancy, government largesse will be constrained, fiat jobs will disappear and  productivity will soar.

Bitcoin is all about where the puck’s going to be, not where the socialist mess is now.


Nice. Let not perfection be the enemy of better principles.


This is similar to the self-censorship problem. The poor person probably won’t enter into a significant contract with a billionaire as the odds are not in his favour (if the deal goes wrong).


Nice try, Federica.


‘Politicians and the corporate interests that back them are robbing the American people blind. Taking their money directly via taxes, indirectly via inflation and at the same time running up the biggest government debt bill the world has ever seen.’
nostr:note1thdwzhmap6dmfnn9jrgc00l090hzpr8drknhv8g9zm0xq8m55ysq4tvuvl


‘if we don't protect individual rights, then we all become slaves to imaginary abstractions.’

nostr:note1uy7t9k59xez7z0dw3v5heeg59fw8fsgxsc7aa6w0ndmlkk5wxwrqzfpzht


‘Our interaction with any technology is always analog and mediated by a social context — where all the interesting problems of counterparty risk exist.’
nostr:note1np9663690xy42xlh6ec9pa9mjxxttsa5ue6retld7ckc58lnfzgqw93ejf


‘Bitcoiners need to learn the difference between an organisation taking a new policy position and an organisation publishing research briefs.’

https://stacker.news/items/513000/r/halalmoney?commentId=513268


That’s quite a theory. All I can state with  certainty is that we’ve had plenty of time to stack sats.


“While using robots.txt is great for single-owner sites (like this one), it doesn’t meet the needs of a concentrated world – it leverages the power that accrues to a small number of platform owners to decide policy for all of their users.

Avoiding that outcome means that users need to be able express their wishes into content, so that they persist no matter where it ends up. That means the ability to embed policy in things like images, videos, audio files, document formats like PDF, Office, and ePub, containers like ZIP files, file system paths for things like git repos, and so on. Assuming that a robots.txt-like approach is also defined, their relative precedence will also need to be specified.”

https://www.mnot.net/blog/2024/04/21/ai-control


Individuals can't grow until the State shrinks.


Wolf was a political advisor to the presidential campaigns of Bill Clinton and Al Gore and wrote several books, including the 2007 bestseller: 'The end of America'. In it she describes ten steps in the transition process from open societies to fascist systems in the current time.

…In 2021, she was accused of spreading misinformation surrounding COVID-19, lockdowns and MRNA vaccines. Her accounts on YouTube, X and Facebook were suspended.

https://stacker.news/items/512686/r/halalmoney


‘Imagine being right about the problem but getting the solution wrong’

Gold vs #Bitcoin
nostr:note17wwfta0a5na848d86tzvcggha0jeukw84qg74e33xk0hec64lzwqtrdyz8


Before the separation of Money from State, we are witnessing the separation of currency from idiots.


‘Cypherpunks write code. Clever people ignore politics. You should get out of the house, stop worrying too much about the lunatics running the asylum, and instead admire nature.’

https://mises.org/mises-wire/climate-worries-are-non-credible-luxury-beliefs-harm-civilization-itself


Perhaps severe buyer’s remorse (bought something other than Bitcoin) can severely cloud one’s judgement.


I’m not sure if normies are ready for the ‘my ponzi scheme is better than yours’ argument. But I like your framing!


‘For "Fork Attracted Persons" there is likely no rehabilitation other than exile from polite society.’

https://stacker.news/items/511245/r/halalmoney


real bitcoinization will become apparent as people quietly start stepping out of the fiat matrix, and start using Bitcoin on a daily basis without much regard for fiat

https://stacker.news/items/511016/r/halalmoney?commentId=511256


Silence of the (cat-faced) Lambs


Hey Siri. Give me real time evidence that Bitcoin is money for enemies.

Siri: I found this on the web….

https://nostrcheck.me/media/134743ca8ad0203b3657c20a6869e64f160ce48ae6388dc1f5ca67f346019ee7/e893ede84df26b3acf33c5237722dfd148754abfb5c0c38f81675afe09b5f84d.webp


I know socialism has rotted the brains of many Europeans but I hope people can overcome ‘unit bias’ and acquire a goodly chunk of satoshis.


‘…the aim is to be able to keep adding new government bonds to the balance sheet; the interest rate hype surrounding this is just window dressing.’

https://stacker.news/items/510957/r/halalmoney


‘The Bitcoin network
is a glimpse
into the future
of trust-less
technologies, inspiring
us to reimagine
finance and beyond.’
nostr:note1q626gkcwgztwgl6y22d4z7jvc6znpk63yk67gvdy4ut47lenaahq8w3uaa


‘Beware of people who claim to know what anyone's real vision was. They are positioning themselves as the arbiter of truth.’

https://stacker.news/items/509319/r/halalmoney


Trust the status quo —> get the monetary system you deserve

Question the status quo —> exit a monetary system you didn’t choose, which doesn’t serve your interests and forge a path to something better.


Notes from the future (if Bitcoin wins):

Child: Grandpa, was it easy living in fiat land?

Me: flashback memory >> People who think "I am a good person and I'm not hurting anyone" are going to become prey as soon as they reach harvestable size.

Child: ….anyone home? It’s not that hard a question!
nostr:note14k84a6truys3w0s939zesmkgg5xfyr4zvkakxdca7hw3k5huhkesjz2edt


I would add that if society at large switches from currency (which leaks value) to money (which holds value) that creates the breathing space required to create higher value goods and services as compared to what’s currently on offer.


‘There is a lot of fear and greed but little understanding*. Gonna take many years to change.’

*of Bitcoin’s subsidy halving

https://stacker.news/items/507702/r/halalmoney


Ineffective ASICs would still cost you money to acquire, install and maintain. Also, it may be more lucrative to start an energy business where the energy is unlimited but the customer has to pay a flat subscription fee to cover the cost of the connection from your grid to their business/residence.


A wig-wam in front of a stone-entrance engraved with a demonic face. The entrance has a stone sculpture of a giant insect head as a canopy.


‘as far as the sell-off of US government bonds is concerned, I believe that there will continue to be sufficient foreign buyers for the securities. the eurozone in particular will do everything it can to defend the interest rate spread and ensure that it does not widen too far against the euro in order to prevent capital flight’

https://stacker.news/items/507461/r/halalmoney?commentId=507551


‘BTC is money with "rules, not rulers”.’
nostr:note127axg90eg3ep5mnfxp28uufqy4fmnzj8wl06p286lfkd0apsqzvsgglwra


Even with cold fusion you would still need to deploy ASICs at scale. Energy is not all you need to compete in the race to find the next block.


‘Bitcoin… allows everyday people to build equity–not through a home but through the world’s only finite asset.’

https://cryptoslate.com/bitcoin-is-the-only-way-out-of-feudalism/


Here's a simple idea that bitcoin accepting retailers could do to save costs. The basic idea is that consumers overpay by sending a UTXO for the product in its entirety, and the retailer returns the change in lightning/liquid OR creates a balance of credit in that retailers mint.
Here are some of the main advantages:

It makes good use of onchain UTXO's by not breaking them up and creating unwanted dust.

It looks like a "self spend" to any chain analytics.

It helps retailers balance their LN channel by creating more inbound liquidity.

It encourages more retail adoption of LN.

It saves block space.

Source:

https://stacker.news/items/506979/r/halalmoney


🙌

The rock-solid hashrate makes more sense to me than the short-term falling fiat price of Bitcoin.


‘Evolve beyond fiat pedestals.’
nostr:note1e0338afq5gdqcyzrq357axt20xa2zf7z563pjp4a3az3navkvxtsyur6pz


The minds of so many are so tightly shackled

And the hopes of the masses are so severely crushed

That they are content to build better cages

Rather than seize their freedom using the wisdom of sages


Much of Eich’s work revolves around the empowerment of the principled few who can benefit the many. A small group of people built the simple but brilliant tools that we all use in our daily lives, and they did so utilizing technologies designed by an even smaller cohort—composed of people like Eich—for the purpose of constant creation and iteration.

https://www.firstthings.com/web-exclusives/2024/04/the-anti-fragile-brendan-eich


The rapid technological adaptation of the Chinese economy is unleashing its very own deflationary forces, making it increasingly difficult to keep per capita debt under control.

https://stacker.news/items/504804/r/halalmoney


Yes.

If Bitcoin becomes a widely used store of value, then we will likely have more affordable housing and more efficient stock markets.

If Bitcoin becomes THE money, its inherent alignment with ethics will/may make people more ethical.


If you change the rules, people will change their behavior.

#Bitcoin

https://stacker.news/items/504474/r/halalmoney?commentId=504653


Top centre: a giant snake

Below which is a creature whose horns align with the lower contour of the giant snake’s lower head. The creature has a lion’s head grafted to its torso.

Right through this middle is a piercing light sent forth to deal with these abominations.


To see the bitcoin escape hatch, you must be open-minded enough to forsake everything the educational system, the media, and “the experts” ever taught you about money.

https://plebunderground.substack.com/p/bitcoin-signal-fidelity


‘ To unshackle ourselves economically, one should start by attacking the extraordinarily distorted real estate market. It’s very hard because you would destroy trillions of dollars in value in doing it, but the distortions have to give way at some point. Maybe it’s a technological fix.

… there perhaps may be some dim subliminal awareness among these politicians that solving them would involve big losses for somebody. ’

https://www.newstatesman.com/ideas/2024/01/john-gray-peter-thiel-discussion-post-modern-world


Happy Eid / Eid Mubarak!


Escrow could solve tipping…

Customer plays role of third party.

Restaurant puts a small portion of employee's pay into an escrow for each interaction (in this case, a meal).

After the meal, customer either releases the funds to the employee or to the restaurant.

Customer isn't withholding funds in either case, so stingy tippers isn't an issue.

Restaurant isn't in charge of whether the employee gets the "tip" - so the employee is incentivized to provide good service.

This would align all three parties in the desired outcome: best cheapest service at the table.

The API allows something like this to happen in an app or tableside.

https://stacker.news/items/482930/r/halalmoney?commentId=482998


Money is the mechanism by which we coordinate the actions of all the different human machines that act to decrease the energy costs in all things.

https://heaviside.substack.com/p/bitcoin-is-the-energy-minimal-system


Academics cannot be the only people allowed to speak on economics. The Keynesian sect cannot be trusted to operate outside their conflict of interest, and the opportunity cost is too great. They need to be held accountable. Same goes for anyone running interference for them.

https://www.jtwoodhouse.com/bitcoin-is-america-mind-control-wont-stop-the-revolution/


Life without rulers as a serious proposition will entail self-rule, which cannot come about unless we properly accept and understand that we as individuals and we alone are totally responsible for our own lives and destinies.

https://stacker.news/items/490704/r/halalmoney


The supply tightens, the value proposition gets better exposure, but it’s been there all along. Nothing fundamental changes.

https://stacker.news/items/497988/r/halalmoney?commentId=497998


most people aren't ready for Bitcoin in general, as they simply don't care about financial sovereignty.

https://stacker.news/items/499349/r/halalmoney?commentId=499373


‘ There are several asymmetries in Bitcoin. The first and most obvious is the asymmetric payoff. Becoming a new base layer money for the world will either work or won’t. And the current price of Bitcoin at any moment in time is the market’s belief on whether it will succeed at that mission. Asymmetric bets are the hallmark of radical innovations and have high volatility in the short and medium term. The asymmetric payoff has attracted much of the early investor interest in Bitcoin, many for the conviction that it will be the store of value of the future. ‘

https://apple.news/AM-gblHwNRZG-MiK0C8fYBA


The multi-coloured caterpillar looks to the sky while hoping the scary creatures below him are a figments of his imagination.


‘The open, rule-based system of bitcoin provides the permissionless environment needed to build solutions to problems as they arrive. We are in year 15 of a base layer that can last centuries.’

https://stacker.news/items/457416/r/halalmoney?commentId=457859


‘BCashers misinterpreted "Peer 2 Peer" to such an extreme that they ended up with "Poor 2 Poor".

There is an emotional trigger here, the same that has been used in class-warfare since the beginning of mankind. The urge to signal ones own virtues about equality and equity makes people willing to believe the impossible.’

https://stacker.news/items/457416/r/halalmoney?commentId=457666


‘Hughes foresaw the pivotal role of anonymous transaction systems and cryptography in safeguarding privacy. 𝗛𝗶𝘀 𝘃𝗶𝘀𝗶𝗼𝗻 𝗶𝘀 𝗺𝗮𝗻𝗶𝗳𝗲𝘀𝘁𝗲𝗱 𝗶𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻, which allows for financial privacy and freedom, standing as a bastion against the prying eyes of intrusive governments and corporations.’
nostr:note1u84h40vdjl79dt9pktplsxwg2celr3u2077zvq020xdudw4p6q9scfq8r4


A strange looking man standing within a bat-tipped triangular frame.


‘Bitcoiners will be tested. It’s hard holding through bear markets, but it might be even harder when the price goes beyond their expectations.’

https://stacker.news/items/455865/r/halalmoney?commentId=456531


‘A node allows you to validate your own transactions [and] validate the current supply of bitcoin. These two things do not exist in the fiat world.’

https://stacker.news/items/456259/r/halalmoney


‘Bitcoin… disconnects money and value from power-brokers and connects that value directly to the people.’

https://stacker.news/items/456221/r/halalmoney


except us, of course🤣

https://media.tenor.com/6T8EIobGENwAAAAC/point-you.gif


‘Don't buy consumables that you don't need.’

An underrated benefit of Bitcoin is its making the opportunity cost of consumerism painfully apparent within a 5 year period.
nostr:note1vdpcc6fkewamhpe9p0wyylw4jh0n7tdsxalvadnaty8d7lmrh3wqktrj6p


https://image.nostr.build/71a3f009c84f73aec3e70edf51ad774b0dd6f40a7919cbe3af8d86d5027d90ac.jpg

#meme #memestr #nostrmemes #memes 833,748 🤙💜


Ignore and continue stacking the sats.

https://media.tenor.com/BcbJSegK1RsAAAAC/don-draper-madmen.gif


Less (government) is more (freedom).


GM

THE AMERICAN DREAM ISN’T OWNING A HOME.

THE AMERICAN DREAM IS LIMITED GOV.

🫡


‘Leserin really will launch a software revolt, rather than go to therapy.’

I for one am grateful for the entertainment and insights you provide.

This morning you talked about makeup and problems within Nostr in the space of two minutes!

I’m like: https://media.tenor.com/FsLZJozFkYkAAAAC/catspin-spin.gif

nostr:note14d97n08jw2enyk9zw9hf7qt58e9kkcqmlm3rppfc0dard2f7mqvsgtzqav


IMO #Bitcoin is the hilf al-fudul (league of the virtuous) of our time.


You can’t envisage Bitcoin’s rise without understanding fiat’s demise


“Why are you so into #Bitcoin?”

A new global reserve currency only comes around every few centuries.

A new foundational monetary technology comes around even less often, every few millennia at most.

Bitcoin’s rise and fiat’s demise affect each and every human being on this planet, as money is half of every economic transaction.

And because of Bitcoin’s immutable, unconfiscatable, and digitally scarce properties, it is the best saving mechanism in existence, which makes it the most powerful lever for individual liberty in existence.

With it, you and your family will have the ability to pursue whatever you find most meaningful. Without it, hyperinflation will erode your savings and your freedom.

How could anyone not be into Bitcoin? https://image.nostr.build/e824f44c4b8a8ce229636198252adba46f09baf2d18a45d51881525fd4286e4c.jpg


‘goat$hit burns better’ 🤣🤣🤣🤣


‘We have been conditioned to believe the status quo is beyond our control. It is not… if we focus on what is in our control and what is in our sphere of influence there is no telling what we can accomplish.’

https://stacker.news/items/455079/r/halalmoney?commentId=455092


‘Fiat money is the life blood of the state. And war is the health of the state. So if you take the blood away from the state, it is limited in what it can do.’

https://stacker.news/items/455079/r/halalmoney


‘Politicians think that bullish markets and low bond yields are a validation of their policies, and even when interest expenses rise to alarming levels, they just pass the burden onto the next administration.’

https://mises.org/mises-wire/global-debt-levels-are-ticking-time-bomb


"Google’s political bias has equated the freedom from offense with psychological safety, but shaming into silence is the antithesis of psychological safety.”

https://www.bigtechnology.com/p/how-google-blew-up-its-open-culture


I hope someday to own 1 Bitcoin, but I'm darn proud of owning more than .5. There isn't enough Bitcoin in the world for everyone to have that much and I have to remind myself constantly about what is "enough" for me and my family. I'm not trying to play the Wall St. games of who has the biggest wallet. Thankfulness in God's provision for my life goes a long way and takes the pressure off of having to have as much as possible.

#bitcoin #btc #bullmarket


‘you are… owning an irrevocable part of our future, global monetary system. Measure your worth in sats and stop wishing for more poverty points.’

🎯 #Bitcoin
nostr:note19j8muv46vc00kszzk28h54kze05fph7gv2gvu32d4fkyu6p2fddqnuncvs


‘Being called a leader shoots an LD50 dose of status-infused dopamine directly into the average person's system, and this is absolutely exploited to the hilt by every grifter under the sun.’


‘Leadership in the absence of a skill is just aspiring to run a cult of personality.’

https://ludic.mataroa.blog/blog/leadership-is-a-hell-of-a-drug/


Birds eye view: face-off between bird-man and a tiger standing only on its hind legs


‘‘Number go up’ is great and necessary, and none of this would happen without it, but it’s a ‘means’, not an ‘end’.’

#Bitcoin
nostr:note1r8vk4z24fs3ev6rxfn9mr0x8fhyfvw2plfteaq67h0ewcnlrfy5slau704


Fiat currency performance against USD over the last 10 years
https://m.primal.net/HiYm.jpg


‘We suggest that using statistical correlations as the basis of a theory means that “anything goes.”’

https://mises.org/mises-wire/krugman-low-unemployment-causes-inflation-not-monetary-expansion


“One of the surest tests [of the superiority or inferiority of a poet] is the way in which a poet borrows. Immature poets imitate; mature poets steal; bad poets deface what they take, and good poets make it into something better, or at least something different. The good poet welds his theft into a whole of feeling which is unique, utterly different than that from which it is torn; the bad poet throws it into something which has no cohesion. A good poet will usually borrow from authors remote in time, or alien in language, or diverse in interest.”

https://stacker.news/items/453894/r/halalmoney


❤

‘cherish your freedom and learn what it means, understand how responsible you want to be for your present and future’
nostr:note19pgn7t2shsdzn5pszg70lxe52yauzsqysycv0at5gtgrwy5t4guq2q3j4f


Replacement of the dollar means  bitcoin circular economies.
Bitcoin circular economies means less government and fiat banks.
Less government means more freedom.
More freedom means more free market.
More free market means more prosperity.
More prosperity means more happiness.
....


‘Dark triad personality traits… thrive in zero-sum games where there are a lot of players, a lot being larger than Dunbar's number (~150). Under that number, it's hard to get away with dark-triad behavior because there's a collective moral intelligence at work. When in small-ish communities, dark triad traits are weeded out or at least marginalized. But beyond that number, most people know only a relatively small percentage of the people in the group and they instead have to back leaders based on limited information.’

https://stacker.news/items/453468/r/halalmoney


perhaps bitcoin’s value comes from the stability of its protocol combined with the social layer which is not deterred by  its short-term price volatility


‘Volatility should be in value, not policy.’

nostr:note14zn6tztp0nuspme6a9whgwecuv7wn8yq45mpgendkamzfujgsgwqmrelvc


‘one thing bitcoin has taught me over the years is how rare true conviction is, and the lengths people will go to avoid doing the work needed to understand something important.’
nostr:note1afm6ll3jqf8kd0me356ta6747lktg3l29z0qprakcmfvkzkyr2ls462a6c


‘People who can’t admit they are beyond the limits of their own control will always blame someone else.’

https://stacker.news/items/450956/r/halalmoney?commentId=450973


I think arbitrage is relevant here.

If sophisticated operators know they can get more fiat by selling Bitcoin to people who wish to buy on a p2p basis, they can buy Bitcoin from exchanges and then sell on to a p2p buyer.


Ecash is a private bearer asset token designed to replace custodial ledgers. Earlier versions didn’t succeed due to reliance on banks. Now we can build it on Bitcoin.

(truncated version of the note below)
nostr:note1aldqtfxqy9rtfds7ckrcg3qe46zxwxyfkvtzxgddhsrpeld0ka3ssw76qg


‘Cold hard sats no matter the price, until they’re no longer redeemable for dirty fiat ‘
nostr:note1jd3l7zu9gcuwaphwgrckyxdnm7sye8wdg5nqs5zpu6t0vnf38fkqxxrsl3


🎯

‘Nostr is to xitter what Bitcoin is to fiat.’
nostr:note1dfvvqvy2wndd2yy898ef4xfxj5t0e74wezk98x6ultzezjztu27qr5xuu6


‘I have always hoped, purely because it’s elegant, that Satoshi looked at the total world store of value in USD, which I estimated to be 2.1 quadrillion dollars. If Satoshi had that number too, then with 21 million bitcoin, there’d be 2.1 quadrillion of the smallest units (now called satoshis, 0.00000001 bitcoin is a satoshi). If Bitcoin took all that store of value, and many expect it will, then 1 satoshi would be worth 1 dollar. Poetic.’
nostr:note1qgpra478dwcekz8qcpara03wr0h86h74q4t2sz3d6tgj6a9zvvhsf5mhgp


‘Many are wondering if measuring anything in dollars is a good way to value things because of its volatility and ties to political/geopolitical volatility.’

https://www.bugle.news/58k-gang-adjusts-for-inflation-now-is-156k-gang/


Me: Bitcoin allows humanity to tackle the most important issues of our time. It is a most serious matter.

Also me: https://media.tenor.com/-VYWaSmWx2QAAAAM/thunderbolt-pikachu.gif


‘I think the general progression goes like this. No time except fiat slavery time > stack some sats, store away some time for future you > acquire a bit of free time as a result of stacking sats > enjoy free time > learn to use free time more effectively, enter freedom time > utilize freedom time to live your best life.’

https://stacker.news/items/449034/r/halalmoney


Never enough Sats, but more than nocoiners, so all is good


‘During the next major financial crisis… the same group of pissed-off “have nots” will hopefully direct more of the blame where it belongs: monetary policy.’

https://stacker.news/items/449218/r/halalmoney?commentId=449234


‘changing the financial system introduces a bit of chaos into things. Like shaking a snow globe. Some of the establishment fall and some new people become a part of the establishment.’

https://stacker.news/items/449218/r/halalmoney?commentId=449554


‘What will the backlash be, when rich assholes continue to parade around being rich assholes, except they've got massive gainz from btc?  Does the whole maxi community implode?  Or are they cool, bc now their god-kings are amongst the elite?

And the angry guy who works at a gas station, who made a little money with btc, but is still at the bottom, what's his story going forward?’

https://stacker.news/items/449218/r/halalmoney?commentId=449493


‘The distribution of the future system will be drastically skewed toward the people who are winning in the current system, just as always; but, once the new system starts, that skewed distribution will smooth out, and no state manipulation can keep it from smoothing out, and that's better than we've ever had before.’

https://stacker.news/items/449218/r/halalmoney?commentId=449493


‘Intelligence isn't the problem, most people just suffer from extreme mental cowardice.’
nostr:note1cyzgr0l8d0a5lfcp3enger0harqcwxa2lc56m5frz2jpl5plg53sgexsqa


‘Satoshi's greatest invention was combining PoW and The Difficulty Adjustment’
nostr:note1fv9pdzey3jm62g4guj3f6grprwznsx43cn8jvtla5l227q6ns6uqjl6qdh


🎯

‘A life spent helping to build a monetary system beyond governmental control is a life well spent.’
nostr:note18nlyqkn6wfx0djf2dluzgl9dwmq35afvtnq7hwhfjzp3vxh4e6msvvz6tk


Dead centre: a fox

To each side of the fox, an outward looking hog.

At each top corner: giant ducklings facing inwards.


“An economy built on demanding attention is, frankly, hellish.

I'll keep weeding that garden and, I'll probably never be done, but hopefully it'll get better eventually.”

https://coryd.dev/posts/2024/im-going-to-keep-opting-out/


‘I devote time to things I care deeply about. I'll chase them, I'll seek them out and I'll invest in them.’

https://coryd.dev/posts/2024/im-going-to-keep-opting-out/


‘There is no other asset that brings out so much hope and unity from people with such different backgrounds and experiences.’
https://nostrcheck.me/media/134743ca8ad0203b3657c20a6869e64f160ce48ae6388dc1f5ca67f346019ee7/43333796ad78e828bfd53017c90525769e874537ed9b71c171e053ef4f92c5c1.webp
nostr:note1gqcyspcxrengsray6t4zqjj8f7e7f2kkv8cqcxnghnrcnq6c20wspv7nx2


‘#Bitcoin  appeals to greed during hyperbitcoinization, but crushes inefficient use of capital under a Bitcoin standard.’
nostr:note197cnfte6hplja9v6maa52yzmv6k47g5j0wwcyehwxf83jhvmpyaqgvjkt7


Top centre: a cross-eyed badger

Middle : a poodle wearing sunglasses


“hypercrisy” - I assume you meant ‘hypocrisy’ but now I’ve got the concept of “fiat hyper-crises” in my head!


"When individuals can conduct their own monetary policies over the World Wide Web it will matter less or not at all that the state continues to control the industrial-era printing presses.

Their importance for controlling the world's wealth will be transcended by mathematical algorithms that have no physical existence."

I can't believe this book was written long before #bitcoin was invented. 🤯
https://nostrcheck.me/media/134743ca8ad0203b3657c20a6869e64f160ce48ae6388dc1f5ca67f346019ee7/f5d00b49414ceda6dfb186ff199a932ee3014815b9a1de91bab11ea8724df312.webp


‘Lots of people will lose lots of money because they're asking the wrong questions.’
nostr:note1zzj6pldx5nre5da4uvftjhzsqgk975r2rwk0a70r8vws5qq4v2es4ulu7d


nostr:npub1yrf6e774ggeylt7e7s784jv9ydawv5c4z5zj4arvvs04q7lkulvqdgkaz3 you’ll like this nugget!

“This is a monetary game.”
nostr:note1wn22xz0srksv8ftg4ngqyaspy7qcmm9qknrzu4955k38pe69n9xqkjg9cg


When nocoiners mention "volatility" they think about bitcoin going mostly down not up.  It's amazing how self-hypnosis works.


Not a single friend has texted me about bitcoin yet

Either we are so early™, or i have no friends


‘Stocks have functioned as a de facto store of value for a long time, the premium is now leaking towards something that holds its value better.’ #Bitcoin
nostr:note1dcau6l3gkazkcgv22erehkagw6q5avh7fcwak467s0zxt3stm9hs53ljck


‘Loans are how Cantillionaires stay rich.’
nostr:note1dcau6l3gkazkcgv22erehkagw6q5avh7fcwak467s0zxt3stm9hs53ljck


‘I've realised how few Bitcoiners there are and even fewer still on nostr’
nostr:note1nfnfx9p8kkl9xkxfmxmhklkf5dpmzmkk94ce7jrwy4cvwz4en69sul5fnx


Sometimes I think I’m too bullish about Bitcoin and then I read notes like these and realise how lukewarm my enthusiasm is!


Fighting ₿itcoin is like declaring war on the sun.


‘One of the benefits of being on a #Bitcoin  standard:

Instead of hoarding homes and stocks, the wealthy will hoard #BTC       ‘
nostr:note13p9kxae9x3jh4kmy2dnyvfmz5y67ay5dqkel768qyz67nlhecwlq2tajhp


Every cycle further ossifies my conviction that I don’t have enough Bitcoin

https://stacker.news/items/443583/r/halalmoney?commentId=443658


Bitcoin hasn't eaten gold yet. Once bitcoin is past gold’s market cap, then we can talk "Are these values realistic?" Until then, the coin is massively undervalued as an asset to hedge against government-induced fiat inflation.

Its value as a money/financial base layer/security platform/unit of account is likely to be exponentially larger than its value as a government resistant inflation hedge but this will not be priced in for decades.
https://stacker.news/items/443583/r/halalmoney?commentId=443749


Being told by a Keynesian Economist to not buy #bitcoin is like being told by a fat person to not exercise.


https://image.nostr.build/982b472555d6bf44f2b15fe943959e7342397d2830b907a4b795dc3bbab3512e.jpg
dergigi.com/family


Even when created with good intentions organisations seem to always eventually shift their efforts  towards self-preservation rather than the organisation’s original purpose. The survival of the organisation becomes more important than its original mission.


In the middle I see an ancient Egyptian statue which also forms the nose portion of a large cat with green patches around its black eyes.


“Biases are good. Having an opinion is good. Seeking neutrality is seeking to devoid our views and opinions of humanity.”
nostr:note1lkzsmhk5wpl38pxm5kuga05x5x39dtulys798p7ser22epxlmazq8hw9ga


God, just correcting all of the damage done by 10 years of woke clowns is reason enough to start fresh.


It will be very interesting to see how the self custody mindset changes society.

https://stacker.news/items/442751/r/halalmoney


It will be interesting to see if the attendees ask about Bitcoin and if Buffett has a new take.


‘every single investment should be compared to the expected returns of Bitcoin.’


Coinbase RN

https://i.nostr.build/aBJJ.gif


‘Nostr's got a wardrobe of client outfits—each tailored to your taste.’
nostr:note1neqlljzdmzrlunpc9520s53xw8smdls04r5hm5zed3x7jz8hmhfq026dq7


https://image.nostr.build/dca524c7cab954c4ffc984233de2c245a84aa9f2d0b7570d7f7e84bc425a674b.jpg

#meme #memestr #nostrmemes #memes 832,433 🤙💜


Fiat chart looks like a rug pull scheme
https://image.nostr.build/9824970347aede34132ddb6e114f3b6ccbab3dde75564149fe5da126fcf90f49.jpg


Happy $60,000 🥳 https://image.nostr.build/0b11b7ed8f91795b42b185ac1a94f9f20307d448b887058b28bd5b45570b910a.jpg


Typically in investing you like to keep your annual fees under 1%.
Picking 5 year average hold time means you'd be willing to pay 0.2% fees on an utxo.
The current feerate is 43 sat/vB which works out to 10k sats or a minimum utxo size of 5 million sats => 0.05 btc.
Here it pays to watch the fee market and consolidate utxos when this 0.2% threshold is hit.

https://stacker.news/items/442170/r/halalmoney?commentId=442514


I didn’t know that. One extra reason to avoid Canada until you guys get rid of Trudeau!


THIS IS GLORIOUS nostr:note1nsasgqcrad9a886awxa9djzzmxu49hexpljcydt2qpuw88hkl2vsmvuclf


‘it's still a bear market until BTC can't be bought’
nostr:note1nahv24hy4a34p4gfr77wce2dcv24tn22eumsr5kvlmgg8af6s8kq92hsrw


I think whether we like it or not, fiat is the world's reference point for value. So even for someone never selling, if you're buying sats or getting paid for work in sats, the other side of that trade is going to most likely think in terms of fiat price so they can determine what's fair and what's not.


In the background: two spike-backed fishes kissing.

In the foreground: an insect looking directly at the viewer.


Here’s my contribution 🫡note14egz65c79jz32nxgqvg89xxqhz7vfygas2v9r6ed42zfyj4dgr6sl20tqx


Weird to see the Google AI meltdown and people saying they’re fed up with the company from the perspective of someone who abandoned their products over 10 years ago. It really does seem to take a long time for people to stop using detrimental convenience


I love it when someone articulates something I’ve been thinking about so eloquently:

‘Passion often looks crazy to people who don't understand yours.’

nostr:note17n95nfd94tjylg6cfk6lyskmwjmcwyt9ym5hygtmlh8u83sqfp5srmh4q2


‘While Bitcoin is a great way to store your time and labor where it won’t get debased, to transfer money that can’t be censored, and to separate money from state, Bitcoin has another purpose: teaching you 𝗹𝗼𝘄 𝘁𝗶𝗺𝗲 𝗽𝗿𝗲𝗳𝗲𝗿𝗲𝗻𝗰𝗲.’
nostr:note1e603yd5j836ftrqgr33d59mf4map3ra88e8mjavaqst0r4cw25wqrgqk4g


Many in the tech industry like to refer to the concept of Edge Computing as bringing computation closer to the end user. The benefits being to increase latency, security & privacy. Processing will be more and more local, mobile phones, servers and network gateways will perform tasks and provide services on behalf of or to replace the cloud systems we depend upon today.

https://stacker.news/items/441238/r/halalmoney


“We aren’t investors, we’re savers.”
nostr:note1pvxj9ws3csfl2rawawm9053rrn8x737wcvu446v9mahmghl8y6hqqadr6p


#Bitcoin is a #TruthMachine.
No wonder so many people hate on it...


‘Spending sats and changing sats for dollars is not the same thing’
nostr:note147td92u5sq04rcl6kqm53myjd7nr3yxcp3pn27dlrwnx2u3skawsnwfal3


‘Anecdotally only 1/3 of people seem capable of HODLing. Simple but not easy.’
nostr:note1s457ez2mmprn0382wx9f9ecesczyyn505fsyd0jaml6y2dy39ztqghmyu6


hammer and chisel did this

https://void.cat/d/9tTzNDFVQQhZuhawhMF78P.webp


“We’ve never really seen before true transmission of instantly-settled bearer-value…that will be the dominant apex-predator way of transacting ultimately, so every business, every economic interaction is going to have to respond to that in some way.”
— John Arnold

Bitcoin is Eating the World with John Arnold

https://www.whatbitcoindid.com/podcast/bitcoin-is-eating-the-world

Blocktime 832 280
v/byte price: 21 sat/vByte 🧡

#bitcoin

nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx


The State fosters complacency

Complacency fuels fools

Fools trust corporations

Corporations create monopolies


“If Alexander celebrated every farming cottage he took in Asia Minor, would he have made it to Babylon?”
nostr:note1jr20ldmvc4nxg44f86gc9gzaxqxs2j3u4lkpny675s2na79eww0qdmxute


Venetian mask - angry edition


https://image.nostr.build/884712b268a20c4e326ab3ca01aa985625051865243d67228c7c338f79e8ac40.jpg

#meme #memestr #nostrmemes #memes 832,252 🤙💜


🤩 awesome!

every lie is a debt you take from reality
nostr:note1c2flc2pydj83cujk9uqrtg6uw59n2tpqx37ape0da84nfvnnu7aq2l060p


I agree with the sentiment, but Bitcoin is a monetary asset. If it loses value in terms of other currencies over the long-run, it’s a failure.


BREAKING: The naked emperor’s old clothes. The Euro lost 99,35% against #Bitcoin https://image.nostr.build/7ee77679cfcd59d95d085122bbc203a4fa94015ee450f5ca8743c5be8b94536f.jpg


In the political realm being fiscally responsible is suicide, you are competing with liars who try and sell "hot ice cream" to naïve voters who are eager to have their cake and eat it too.

https://stacker.news/items/438737/r/halalmoney?commentId=439106


I believe the Overton window has shifted long term in favour of more gov spending, regardless of long term consequences.  Where some bitcoiners get lost is the assumption this will lead to economic collapse.  It wont.  But it will lead to more social authoritarianism

https://stacker.news/items/438737/r/halalmoney?commentId=438988


Meditating monkey


“Some people don’t even know what a bubble is, let alone get out of it”
nostr:note1endu6wet7668hy4kf8j3px8328238hqav6mk75q9nxae3uv2rj8slz7k8y


Good points but most people seem quite content with a punitive system:

Work for this money which ‘only’ loses 2% of its value per year.


I think there’s potential in a half way house between v4v and traditional business:

“Low-ball me for the high-quality and hard to replicate work I’ve performed for you and I’ll black-list you for x months.”


'Bitcoin Companies' and 'Bitcoin VCs' are still tied to fiat and state apparatus. The state will use them to try and control BTC.

https://stacker.news/items/438397/r/halalmoney


this is how it works in a market

seller makes an offer

sales are good or shit

price is adjusted, promotions are made

sales are hopefully better

donation model, so called v4v does not work

you set a price, people feel more secure, and if your price is too low, you get bad sales as well btw

it's a guessing game that you can't cheat around with wishy washy socialist fantasies


nostr:npub1m4ny6hjqzepn4rxknuq94c2gpqzr29ufkkw7ttcxyak7v43n6vvsajc2jl - this is a really interesting conversation between you and Luxferre btw. Thanks.


“…there should be some ways to transform this market. Even if it requires a major shakeup for people to wake up.”
nostr:note1kpqq8s00k4yvhgg7y7vcxem5lsax50wugxnkr7hykvd078dg84xqkctz6l


“And now, people are being fed with monolith touchscreen bricks with zero repairability (+ all-on spyware) and they don't ask any questions why.”
nostr:note10wtwzxa0js69yspn83qztj8jgs70mff2qdcxglyvpzyz7kxugdsqh2gn64


“In the arena of chance, as though under the sway of a magnetic field, the passage of time freezes into repetition, space contracts, and the value that accrues to money is obliterated,”

https://thehustle.co/originals/why-you-almost-never-see-a-clock-at-the-mall


Communism and capitalism are the same system under printed money - Jeff Booth

#bitcoin #grownostr #plebchain
https://video.nostr.build/8209eb3b1eaf751b4187ec3e4fb59fb623106bbe4c632dee9084c3f05f620c00.mp4


Money is the ultimate network effect. Either it [bitcoin] goes to infinity or zero - Naval Ravikant on #bitcoin
https://video.nostr.build/eb2d836cefb787db88a52b68cabb773aa5d4f074ad4ccb0a946bf25f7a3b3174.mp4


Awesome:

“Holding Bitcoin has changed the way I view everything because of the lowered time preference.”
nostr:note1pqkgj9hmmd628mu58p5fw6hzn4f2786z6jdp6cadx0wr7ng9jq2q2wmkaq


https://i.nostr.build/OJ8O.jpg
#memes #memestr


How about 10 quotes* on inflation:

George Gobel: "If inflation continues to soar, you're going to have to work like a dog just to live like one."

Ronald Reagan: "Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hitman."

Henry Hazlitt: "The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment, social resentment, discontent, upheaval, and riots, bankruptcy, increased government controls, and eventual collapse."

Ray Dalio: "There are two main drivers of asset class returns - inflation and growth."

Margaret Thatcher: "Inflation is the parent of unemployment and the unseen robber of those who have saved."

Karl Otto Pohl: "Inflation is like toothpaste. Once it's out, you can hardly get it back in again."

Ernest Hemingway: "The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring temporary prosperity; both bring permanent ruin."

John Wayne: "Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you -- either by direct taxes, or by the cruelly indirect tax of inflation."

*Will the state pension promised today be enough to pay the prices and standard of living in 20 or 30 years? You were promised 10 quotes but only 8 were delivered. Failure to keep politicians' promises is also inflation.

Learn more about #inflation in your country with link below 👇🏻

https://bitcoin.rocks/inflation

nostr:npub18kpw3akvdsyk239lx0jgwksr74sq4nlha3r8u9g2rnrhztfpfhysy469c4
#bitcoin #nostr https://image.nostr.build/d97d2efc689095b8cbc988ca9770d19b6d1b5a81ae61442f3e63e7b01bad9654.jpg


“imagine believing you’re doing something good by defending central banks and preventing bottom up financial exchange.”
nostr:note1u8x9pagcna3pgzcnd86mxnf6wjfrult6xkjah9skl0plk0g8pe7srm74ra


Love this:

“#Bitcoin  is an actionable Schelling point for optimists, savers, technologists, realists, truth-seekers, low time-preference actors and builders of all types. “
nostr:note1mk66t6dqwdv8j9muyrtqx4h8v2eldj78sjmuqa6k2lxmv30e05ss5ml0sg


#Bitcoin is an actionable Schelling point for optimists, savers, technologists, realists, truth-seekers, low time-preference actors and builders of all types.

This Network has literally saved millions of humans from Nihilism, poverty and despair in the age of fiat. Likely billions more will find salvation of some kind through Bitcoin in the future. It’s a non-supernatural miracle.


Love this:

“Bitcoin saved my marriage by rewiring my brain into longer time horizons and showing up for myself and my relationships.”

nostr:note18k05k5s7fln6aja4cmjuzvg5xhytdgdtj9fsryz95gnwdpavfy6s9lcxwa


Still my favorite bitcoin chart.
https://m.primal.net/Heyz.png


The stern green queen is sitting on her throne. A giant insect in the background stands on guard.


“you can’t win… within their system. That’s by design.”
nostr:note1627ycvcf8wdp4gz44smmvpq299xs9x3r3nkz97dp7pxkaazl8e4qcepn9v


If there’s no government, who will build the roads? 😉


This grasshopper’s antennas look like horns leading to his abandonment by his fellow hoppers; so he has taken residence amongst the bats (which is why he’s upside down).


“99.99% of the globe is severely underexposed to #Bitcoin “
nostr:note1dyvnf08ta6h3qxym27yjsrf7r97r5jhlcdk4vtjfxl0hfz6a68rqws5w7d


"Bitcoin is used by criminals"

Source: Criminals

https://telegra.ph/file/138b0c05506591d3b8b58.png


“…the new tools wrongly called "artificial intelligence" will be used by governments to shape public opinion and the behavior of the unwary, they are the new television.”
nostr:note170829cexmgajc5m0pe7tkm7j0xf9ytdnle5yjh86u54vs0pcfw5q2dvjaq


Someone just sent $1.3 Billion worth of #Bitcoin  for a $2.03 fee—no “trusted” third party was involved.

Now try this with Fiat. https://image.nostr.build/2b005e30a50f5415d2d1726876976a1918f51a6210c792b76206472a866b8231.jpg


21

feel free to join my relay at

wss://nostr.sathoarder.com

it's also free for all.


“The powers that be never really expected us to wake up from the deep sleep we have been in for generations, nor did they expect us to expropriate and invert the tools of control they use against us into new weapons of personal defence.” (Slightly edited)
nostr:note1yrlx2ygzahaexkzrvahcdpfv573lp6wwwu2fn6t9zg7rx8hrfnrq5qha6v


“the best inventions supersede the inventor”
nostr:note160e62nqfuex3v6kfpcr2kmkafshn9asuldhm6qc5xvddpka99feqfkdham


You see what you are programmed to see.

Example: when you first heard about bitcoin, you had some visceral rejection response initially.

Central bankers see bitcoin and call it a house of cards and perennially predict it will crash. Why? This is what they know. It’s their profession: running a house of cards.


“The matrix wouldn’t function without taxes.”

The control element of taxation is perhaps much more important than the revenues.
nostr:note1gx0heuy5nsq7y85n0tuyfv9swq3324c7ru70lqmnsas052a4nk9svgdrl6


Me: this is so childish.

Also me: 👀


Trump’s view on Bitcoin: “I can live with it one way or the other.”

And vice versa:

https://media.tenor.com/BcbJSegK1RsAAAAC/don-draper-madmen.gif


“People could speak their mind and interact more thoroughly without the heavy restrictions of the social stratification. And they could be critical of the current social structure without it necessarily being tied back to their identity.”
nostr:note1ckzyyde2lk4u9wmy7m0rxnapnt3ya9luezyt8mrj7v7x004kemtstnpyu9


Legitimacy turns out to be a pretty squishy idea that exists in the eye of the beholder.

https://stacker.news/items/435030/r/halalmoney


“NOSTR NEEDS TO BE THE PLACE WHERE PSYOPS GO TO DIE”
nostr:note1fwajmmmasazf9z8yeapfxf2gtrf48za2mccclcdygm7c5zt84jmsyvhap5


LOL ECB reports RECORD LOSS in 2023, publishes hit piece claiming #Bitcoin  has failed as distraction…

These clowns are so insanely transparent you almost feel bad for them… almost. https://i.nostr.build/gLG3.jpg https://i.nostr.build/V34q.jpg


#Bitcoin is not just a currency, but a testament to the power of decentralization, transparency, and the human spirit. It is a symbol of defiance against traditional financial systems and a beacon of hope for a more equitable and inclusive future. In a world where trust is often eroded, #Bitcoin stands as a testament to the power of technology to create trust without intermediaries. It is a reminder that the power to shape our financial destiny lies in our hands, not in the hands of a few.


The Emperor's New Clothes

https://www.ecb.europa.eu/press/blog/date/2024/html/ecb.blog20240222~0929f86e23.en.html

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


https://image.nostr.build/c72fcdbc3577d4b2aa36cf7e2f071ce0831f2956cd9a26c66cdfee88381518c9.jpg

#meme #memestr #nostrmemes #memes 831,522 🤙💜


“Every person I get to embrace Bitcoin is a small victory for me and a small defeat for the system.”
nostr:note1kw2jlcda5wknyt0qu3stez0e90x5838m8kwvaqafza6y5zjpfv0q5l929m


Free #Bitcoin marketing https://image.nostr.build/4dedd50818b619150c0faa92dff765f5c5c9fa8e87d0d34f5c4c09c6aca8c37a.jpg


Hard truth. #bitcoin can be a rude awakening.
I love to be woken up in a brutal way though. https://image.nostr.build/8d673573a992033891bde997ec29d136a8e2aeabfbd2e93507abbd194ae8ee53.jpg


India needs #nostr
—
“The Indian government has issued executive orders requiring X to act on specific accounts and posts, subject to potential penalties including significant fines and imprisonment.

In compliance with the orders, we will withhold these accounts and posts in India alone; however, we disagree with these actions and maintain that freedom of expression should extend to these posts.”

https://x.com/globalaffairs/status/1760387644608192560


“Both started as exclusive domains: literacy confined to the elite and Bitcoin, a niche technology understood by few. Yet, their journeys towards mass adoption share striking similarities and transformative impacts.”
nostr:note15j8meqc306030vnvwlv0fzj5xrmh5x7mhjs7zudx6v0zxqezz6ssv8gkmx


Bitcoin is a nascent monetary system which synthesises altruism with personal gain.
https://nostrcheck.me/media/public/95de62283d5fc6dc86daa446e04e6b7ecb5be3413e8c2a6752f8f993de458a80.webp


Thanks!

I mean, I neither confirm nor deny, receipt of 25 sats.🫡


It would have depended on who your teachers were at the time….
https://nostrcheck.me/media/public/44921b964bb74fc336ad42ce91f3c9abae60577e251412eee3eef62e84c8b56b.webp


“Most ppl do not actually want freedom, they want a nicer cage”

I plan to casually drop this line into conversations.
nostr:note1fe8c38uctps32q0s9vw9kg6asv638n63wt76etzhpszjvjan46vszhp54l


That’s why you can’t win. They will always complain about something. Most ppl do not actually want freedom, they want a nicer cage


I may have misunderstood matters but my thinking is: stick to saving in Bitcoin and then move a small portion to ecash when it’s time to go shopping.


The root problem with conventional
currency is all the trust that's required
to make it work. - Satoshi Nakamoto https://image.nostr.build/bae14581cc1b67e4ad0fe6d692fe7c12b4d7d9ad888b88959e180975e4ae4e09.gif


All simplistic analogies for Bitcoin are wrong, some are useful.
https://nostrcheck.me/media/public/1bffb090cc228cda30a84623e3af8776b45e9956e2c450f9f749908e940a87ee.webp


😂 https://image.nostr.build/05cddf7211a30462c68cd9ff326727ec6225c811343e52bad7734d4e094488b6.jpg


To make a better world in the future, contribute to separating money from the State in the present.
https://nostrcheck.me/media/public/1b015ed4c38ff175595ddff281276f0a4656c093fff4693cd789f41c951d4164.webp


“Proof of work amplifies winners.”
nostr:note10v4ata8xyrvge898xv639luwdlewnxdgfjxsy8s04jje50n67l0s8ph0zz


Too awesome to be kept in brackets, Chris!

“Censorship in the information age seems like a rather desperate strategy, but probably no more desperate than the Church imprisoning Galileo in the hopes of staving off the scientific enlightenment.”
nostr:note1j2geszt7qqg0u43mxdwa0nvk7uerqxt2qk60c3l9hh7ds566gnys3zyzu6


“As the laptop class is incentivized to believe lies in order to get ahead socially and professionally, there is no longer a free market of ideas operating in those spheres. There is thus a giant information gap between those willing to think for themselves and those limited by the parameters of what's socially and professionally advantageous to believe.”
nostr:note1j2geszt7qqg0u43mxdwa0nvk7uerqxt2qk60c3l9hh7ds566gnys3zyzu6


“We need to be making it easier, not harder, to run a full node…”
nostr:note1pkzdsdu7sf4xy3fump5z08c0sdqwvnkv473cqcv32lshq265earqgyccv4


It is not the code written to develop the AI that determines its value system, but the information that feeds it.

Artificial intelligence will be the most skillful hacker.

Sᴄɪᴇɴᴄᴇ ᴡɪʟʟ ɴᴏᴛ ꜱᴀᴠᴇ ʜᴜᴍᴀɴɪᴛʏ, ᴍᴏʀᴀʟɪᴛʏ ᴡɪʟʟ


“Chinese policymakers are going to continue to struggle to give the market what it wants, and what it needs, which is really some kind of plan to extract the economy from debt deflation in the wake of a massive property bust,”

CNBC


“The United States is marginally less stupid with the money printer than every other currency producing nation.

The game above works well in a world where bitcoin does not exist.”
nostr:note1c0z60et8kcfh95pclx0cd2wxwc6q8ecdydagknv75y4w5ezqc4gqjz7xcd


Superior technology for making this humanity Superior (Thrive). #Nostr #Meme #Pleb #Godparticle.

https://image.nostr.build/705c8f62d0f7e942eb331b815f2b6207808b6234b7b3a746b4dabd5a177d0c57.gif


Interesting point. Could prove a pivotal moment for applying intelligent automation to data points like mempool fees, much like a financial provider, explaining to grandma, that now is the most economical time to refill your checking account with sats. Or perhaps enough automation is built into layer 2 that services compete with extremely low fees, by democratizing the cost of lightning nodes. We can't even concieve of industrialization opportunities around both layers 10 years from now. It's a hockey stick.


I was thinking about this yesterday

The average person isn’t going to need cold storage. Simply because they won’t have enough bitcoin to justify going through the process

I do agree that it will be around for a little while longer but definitely not forever

I thought of it like the people who currently store gold in their safe. That’s the approximate amount and the type of people who will be using their own cold storage devices in the future

Thanks for sharing this


As the fees go up, ppl realize that bitcoin base layer is only for wire-transfer-like economical transactions. Plebs will be priced out.

The bitcoin hardware wallet business is still going to grow for a few years, then only going to shrink

It will be a nice high security niche

Security is the # 1 feature, not losing your coins is the most important thing, grandma UX focus is high time preference distraction, global south base layer will be silly.

There is also a huge opportunity for bitcoin backed eCash affordable hardware as these are bearer tokens.

Stop designing for today.


The only proof of stake that matters is what is your stake in Bitcoin from the 21 million coins. Having a stake there is betting on humanity for the better.

- Bitcoin Magazine


Twin tears are about to fall from the eyes of the pensive black and green ant.


In fact, a phd in economics is the best indicator that someone WON’T understand Bitcoin.


#bitcoin will end mass migration and all the evil plans of the parasites in government
We will have our countries back. It really is the greatest invention of all time
 #bitcoin


Energy is not an input into the economy, IT IS THE ECONOMY. Humanity organizes its economic activities to ensure a steady growth in the extraction and exploitation of primary energy because energy is life, standards of living are defined by how much energy is available to be exploited, and all humans everywhere are perpetually seeking a higher standard of living.

-DoomBerg


Piglet: What meme is this Pooh?

Pooh: The Bitcoin awakening honey meme.

Piglet: Ah, my favourite meme.


A proof of work scarce digital store of value that no one controls would be a winner take all game. There will not be other proof of works with significant portions of global use. It is inevitable that it would become a way to escape being unbanked, then mild inflation protection, then used in cross boarder settlement, then used for sovereign individuals to subject other actors to natural law in a digital space. Right now the transition from unbanked to being used for escape from just mild inflation is just starting.


READ THE #Bitcoin WHITEPAPER

it's 5K resolution image.

share it to your circles.
https://m.primal.net/HdtO.png


If Bitcoin helps displace hedonistic consumerism with truly productive investment its energy consumption will be more than justified.

nostr:note1tpjctxfvvgtj02dps30zpnqqhnvs29cdk206tegw6futnf7rlltqm3g3xs


“…so anything that doesn't leave a lasting memory becomes unnecessary.”
nostr:note1h9zsd92vmxuyfr3j52tqr97m58c9ftmps4n8zecvp4ckt0h42ynqwhv7mj


When we win a bet, or our stock goes up, our brain marks the occasion by releasing dopamine, and we feel a rush of pleasure. The dopamine release is triggered not by the winning, but by the anticipation of winning — the wager itself. Losing is essential to the experience, in fact, because the uncertainty of the outcome makes the wager more exciting, leading to greater dopamine releases. If we won every time, we’d still play, because we want the money, but we wouldn’t enjoy it so much. It would be that increasingly perverse thing you do for guaranteed reward … work. Gambling is our brain tricking us into thinking losing money is pleasurable. https://www.profgalloway.com/dopa-bowl/


“If 1% of global real estate equity was reallocated to bitcoin it could drive the price to $18 million +/bitcoin. The math: $330 trillion market cap global RE x 1% = $3.3 trillion. $3.3 trillion x 118 Bank of America study multiplier = $390 trillion. Current #Bitcoin  market cap = $1 trillion. Total hypothetical bitcoin supply = 21 million. 391 trillion / 21 million = $18 million per bitcoin. The price would probably be even higher as many coins were lost...”https://media.tenor.com/YSIy-9PrrAkAAAAC/pudgypenguin-hopium.gif

nostr:note1f5n9frxkpw0wnqnclluglz8qpawdwk0dlplty3fje4ud5f6us0psdmlf63


Nothing in this world can take the place of persistence. Talent will not: nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not: the world is full of educated derelicts. Persistence and determination alone are omnipotent.

Calvin Coolidge

#quotes


Dr, I think this quote addresses the last sentence of your note. If Bitcoin helps
displace hedonistic consumerism with truly productive investment its energy consumption will be more than justified.

“Deflationary money… will give everyone a reason to save rather than overconsume, giving more people access to whatever they want over time because of the falling prices. If you postpone your spending, your bitcoin will buy you more in the future. In other words, fewer transactions. Quality before quantity. The necessity for transactions per second will diminish.”

https://bitcoinmagazine.com/culture/real-scaling-solution-for-bitcoin


Your note plus this note gives me a lot to think about!

note1j5ezd8k2h8z5cw80c6am86qpq9a6gh20sh7xzu3k29c02gfucyns7xc0jz


“Fiat is an exploit, #Bitcoin  is the software update we need to fix it.”
nostr:note1rne8dzlyhke0zf4ssm9neylhf9v9yg203phv7et96rx8hhjnqsvq7kkhav


The genetically enhanced armour programme glitched catastrophically. He awoke to find two shell-backed sheep attached to his shoulders where mind-controlled guns ought to be.


The fact that the fiat system always seems to be approaching collapse but never does should tell you something. The risks of the dollar suddenly losing value for so long must be offset by something.

What could that something be? What else can it be other than the risk that the dollar explodes in value.

Since a slowly devaluing dollar is their stated goal, believe them. Since their goal has been moved to an average 2% per year devaluation of the dollar over time, beware that debt could become more costly over time as well…it doesn’t always mean that debt will be easier to repay down the road…it could get harder too.


A Reddit-pilled AI?!

https://mashable.com/article/reddit-signs-ai-content-licensing-deal


The trophy goes to whoever keeps Nostr weird and runs a viable business model on this protocol.
https://nostrcheck.me/media/public/914888c05e36860d3547c50595d60dfb1262df1de56ae12b05b9e0a3aca2a6e4.webp


Orange pillers are hyping it up more recently that the US gov will 6102 #bitcoin while simultaneously claiming China (WeChat communist dystopia) was unable to ban it multiple times over the past 10 years?

Which one is it?


“Health is not valued enough by anyone until true sickness comes knocking.”
nostr:note1tgzm8s7te7eplhjpfgecf9ww2w8lkuzqgcdu8snk962g68q5skfq60sk53


There are two political choices:
1) the sovereign individual
2) might makes right

Individuals can choose to subject themselves to groups and moral codes.

The #uniparty chooses 2.


“We need to drive an alternative economy, it isn't enough to take the money from the government, we need to take the unit of trade away from them too.”
nostr:note1kd3phw6j2n6psj69dp7nnurfaztgmcl8w2c0t4w0r6h92re7cwgsacmcnd


The lizard king has lost his fiefdom. He dons a black hood before going into exile.


Bitcoin subsidizes the construction and maintenance of power plants globally. Energy is everything. Money is technology. The best monetary technology is also the best energy proliferation technology.
#Bitcoin #Energy #Money #Sunset #Sunrise https://image.nostr.build/30d326829fbfcafa87fc37af4992cfbb31083c8a2c0012918b9cd5c7b1c69ad3.jpg


The Canadian government is dead set on mass immigration and there aren't even enough shoeboxes in the sky to go around, let alone single family home sales that realtors can piggyback on.

https://stacker.news/items/428653/r/halalmoney?commentId=428909


Central banks fulfil precisely two functions in the postmodern economy:

They monetize the rising mountains of national debt and at the same time finance ideological projects that would never have seen the light of day on the free market.

They serve the Cantillon Effect to enrich ruling elites at the expense of the middle and lower classes.

https://stacker.news/items/428576/r/halalmoney


Ask Craig


We've known for years that Craig can't code his way out of a paper bag.
nostr:note1z4yc26tck4h7aqfzjwarwcaxaptzghj42za7mtsm8jum0qwms7lshsh3v7


Satoshi used unsigned integers in 500+ places throughout the Bitcoin codebase, thus to ask "Satoshi" what it is and not get a coherent answer would be like asking Lance Armstrong what a bicycle is or Michael Jordan what a basketball is and not getting a straight answer.
nostr:note1z4yc26tck4h7aqfzjwarwcaxaptzghj42za7mtsm8jum0qwms7lshsh3v7


"My Lord, at this stage I am afraid that my client does not know what he is doing."
- Lord Grabiner (representing Craig Wright)
nostr:note1z4yc26tck4h7aqfzjwarwcaxaptzghj42za7mtsm8jum0qwms7lshsh3v7


The real challenge is to accept that #Bitcoin is not for everyone.


The next 10 years: jobs in engineering projects to harness stranded energy for  Bitcoin mining.

THE NEXT 100 YEARS: JOBS IN PROJECTS TAKING HUMANITY YO KARDASHEV TYPE ONE.


The fusion of Cashu, Bitcoin, and Fedi-mints heralds a new era of exciting possibilities in the financial domain. Imagine a platform where a Bitcoin savings account enables one to capitalize on the appreciating value of their assets, coupled with a checking account powered by Cashu’s technology, ensuring transactional privacy. This synergy offers the best of both worlds: anonymity in daily transactions and the opportunity to accumulate wealth through sound money principles.

https://bitcoinnews.com/adoption/cashu-reclaiming-privacy-bitcoins-ally/


Is nostr a cia honey pot for tax dodgers and dissidents?


Two dogs barking at each other. A cockroach head is overlayed in the middle.


Bitcoin is a paradigm shift. It challenges our notions of money, ownership, and trust. Whether you’re a skeptic or a believer, understanding #Bitcoin  is essential.
nostr:note19uaq6dqy09w2smm8nm8ne2h5j4da48gdyf92aaf9glwr956y684qcderm9


This is the future of software development: Automated Unit Test Improvement using Large Language Models at Meta

This paper describes Meta's TestGen-LLM tool, which uses LLMs to automatically improve existing human-written tests. TestGen-LLM verifies that its generated test classes successfully clear a set of filters that assure measurable improvement over the original test suite, thereby eliminating problems due to LLM hallucination.

https://arxiv.org/abs/2402.09171


As Bitcoin's value climbs higher, an interesting trend emerges: the daily creation of new #Bitcoin  addresses is on a noticeable decline. This pattern reveals a critical aspect of the current bull run—it appears to be driven more by the hands of institutional investors than by the enthusiasm of retail traders.

https://stacker.news/items/428119/r/halalmoney


Loyalty points. 1 sat per minute of active use.


The more I think about it, the main reason the shills do not use good arguments against Bitcoin is because it really exposes the state and the criminal activity it perpetrates. Bitcoin brings out the real incentive models at play. It exposes the truth. Bitcoin is a flood light exposing the rats in our society. Those who are rent seekers. Those who are robbing the rest of us. Those that are creating the problems they claim to be solving.

https://stacker.news/items/427798/r/halalmoney?commentId=427813


💯🤣 https://image.nostr.build/0c9ff629faecf792c6697a179b9396655ee04cf087a79eb5908d5674372836e6.jpg


The Grinch became angry when the genie refused to come out of the bottle.


I can’t speak for everyone who sees this, but personally my Bitcoin allocation is a permanent exit from the dollar centric world. https://media.tenor.com/r7VmTOSVxx4AAAAC/never-selling-wolf-of-wall-street.gif


Almost gave myself a headache by verifying this statement.https://media.tenor.com/u1gqb8lo1xcAAAAC/going-crazy-dizzy.gif


This is how people "protest" against the rules a gov is imposing against them.... instead of just jumping out the cage and be free.
STOP "protesting" like a sheep (shitizen).
START being the sovereign lion.

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


I am a Husband, Father, Son, Christian, and Physician.  I use bitcoin to opt out of a corrupt, deadly, inhumane system of money.  I use it to protect my wife and children.

I am a bitcoiner. nostr:note1f22gdj9sslnergyr5fzm7zdt5lc9hvru3202as2mpy9d029fp0fqelf0sk


There are so many reasons it is impossible to explain them all within a few sentences or paragraphs.

You really do need to do your own research.

This is the best way because it educates you in almost every field of life: Maths, Electronics, Computers, the Internet, Economics, Politics, Phycology, Philosophy, Game Theory etc...

If you don't want other people making your life decisions for you, then these are required skills.

If you want to sit back and let others choose your fate, then don't bother.

The second option rarely works well.

The entry point for most people is its increasing price, the journey creates self sovereignty.


They can put in some “throw away” money and then see what happens. Even a little skin in the game stimulates curiosity.


:) show them! https://image.nostr.build/371f24c28c6492f6e1514b63166298a7e3ad9eba59c5e39ae3d52f27049bc3d8.jpg


NgU technology is wonderful when, well, number goes up, but I think your conviction as a Bitcoiner only shows when you're deep down in a bear market. It is harder then to defend against critics, even if you know that eventually number will go up. NgU also incentivizes newbies adoption, but your conviction also shows when you choose not to sell it high but hodl.

https://stacker.news/items/425368/r/halalmoney?commentId=425516


Me on Nostr, not aware of all these issues. https://image.nostr.build/02b8aa93358c8766fc854cc2e0f22a8da3dd041f76d1f9b9ed06a3c9da9a043f.gif
nostr:note1um5ws9zam0zgmmdxcys2kq7v6hgszyz4uqc9c6grgqckq226p4kqcua2le


Real estate or rent price increases aren't even included in the inflation calculation, despite constituting 30-50% of the monthly incomes of most households.
nostr:note14w6lh0ywg87awx5l6rt0jcnnl0d35ry8sggv4a593z5ucsmtshysukgym3


Congratulations! Great content yet so few followers. We are so early!


Warren Buffett once said: “Price is what you pay, value is what you get.”
nostr:note125xracrw5q80hpp8rr9nj6vn8t7098kuc7fng6lrquvr9frrexgsdgq346


“Most sectors of the economy were weak, but the optimists will point to the fact that there is plenty of scope to cut interest rates should the current trend in inflation and growth accelerate.”

So much focus on interest rates, so little attention to the broken money.

https://www.cnbc.com/2024/02/15/uk-economy-slipped-into-technical-recession-at-the-end-of-2023.html


You forgot rule #0. Nostr is not a firstmover. Even if code is / will be perfect it still loses against the firstmover X. #bitcoin is the perfect example. There is no second best. And that's a good thing for us bitcoin erst.


you have bad taste in programming languages but this is a fundamental also to bitcoin as well, indeed lightning hasn't broken old stuff very often either

in many codebases you will find things with the term "quirks" and even in bitcoin there is quirks in its handling of JSONRPC2 that have to be accounted for in case you are interfacing with an old version that does different stuff

the escaping of strings is a good example


“If a change results in user programs breaking, it's a bug in the kernel. We never EVER blame the user programs. How hard can this be to understand?”
nostr:note1um5ws9zam0zgmmdxcys2kq7v6hgszyz4uqc9c6grgqckq226p4kqcua2le


Why couldn't the #bitcoin price stay low just a little longer? 🥹 #meme #memstr
https://video.nostr.build/738ef4c6afeaaf6f1bca02b7c9aec0d3ce42c1062822a8396aec0e2ee4ba7f2f.mp4


Hard to read calligraphy pfp for the win….


Fiat currency must be the greatest market distortion of all. The everything bubble. Mad that you can buy BTC with fiat.


Doug Casey quote you might like h/t nostr:npub13l3lyslfzyscrqg8saw4r09y70702s6r025hz52sajqrvdvf88zskh8xc2
"A speculator doesn’t allocate capital in order to grow a business or create something. He simply takes advantage of distortions in the market to increase his personal share of existing wealth. Most speculative opportunities have political roots, taking advantage of distortions created by laws, regulations, taxes, or other government action."


Buying Bitcoin is not gambling. That’s something that someone that doesn’t understand how the world works would say. Gambling is gambling, not speculation


When you stop and think about it "The Power of Nightmares" really is what keeps people engaged in politics today. Few politicians actually have new ideas or even a positive vision for the world. At best, they try to sell stopping the nightmares from coming true. Whether it is stopping some evil power in the world or stopping humanity from destroying the planet. These are all reactive movements. Without the nightmares why would the masses listen or even care.

https://stacker.news/items/425086/r/halalmoney


https://media.tenor.com/6q_DSUpBESkAAAAC/its-over-goodbye.gif

nostr:note17aum6rawa2yq9dy8xcgz9t4pjguy4ne523gs0u8p8zzrzz8awx7q5xev30


"This whole situation started as sort of like a blind date between miners and politicians orchestrated by Dennis Porter"😂😂


Smaller currencies are already starting to see ATH in #bitcoin   these days which will prove to people that they should protect themselves with a global monetary battery.
nostr:note16wg8dsw0uw767k8vur6t2lxrn5w84jk2lfg948hhq6zrvmvjag9szuxxwv


The reality is that until the dollar is no longer the world reserve currency, it really does not matter how much spending happens and the debt is also not a concern. The entire system is built on avoiding deflation, not balancing against it. Inflation means you're getting that debt spiral no matter what. The only difference is how quick.

https://stacker.news/items/424890/r/halalmoney?commentId=424958


Adds a coin selection algorithm that minimizes the weight of the input set while creating change.
…

Given a wallet with sufficient funds, CoinGrinder will pick the minimal-waste input set for a transaction with a change output. The current implementation only runs CoinGrinder at feerates over 3×long-term-feerate-estimate (by default 30 ṩ/vB), which may be a decent compromise between our goal to reduce costs for the users, but still permit transactions at lower feerates to naturally reduce the wallet’s UTXO pool to curb bloat.

https://github.com/bitcoin/bitcoin/pull/27877


“…it’s just an accounting ledger.”

nostr:note12udr569sdlly3mszganm3nle4r72rfeheu0csl6r4qjycmmdtatqf0u5t2


"FINANCE TENDS TOWARDS CENTRALIZATION" - he leaked globalist agenda WTF real reason behind ETF


Perhaps one of the most bizarre changes that take place, as your mind shifts to a Bitcoin standard, is watching people around you who take the fiat standard as real.

…we sit there and watch our purchasing power drop by 7% a year until retirement, if that day ever comes.

…The fiat standard is a slow death.

https://stacker.news/items/424529/r/halalmoney


A green eyed ram and his two clowns acting as bodyguards.


How hard are you coping?

The ECB: 💓
https://i.nostr.build/AzWO.jpg


That's a first..
A central banker telling the truth...
Buy #Bitcoin

https://image.nostr.build/96ea03af9936544de42eba1214d5900f7087cab41643bd47e96e0e76723b7fda.jpg


Here’s my word salad offering for this evening.

If this linked article is representative of the quality of Islamic leadership and scholarship on monetary matters then colour me sceptical about the likelihood of a group as big and diverse as the Muslims suddenly understanding and embracing Bitcoin en masse.

This article indicates far too much deference to and reliance on the state - and IMO unjustifiably so. For example, this sentence starts off nicely but after the comma sticks a dagger in my heart:

“Although there is not any specific ruling in Islamic law that money should be printed or minted by the state, there is consensus among historic and current scholars that the state has a major role to play in relation to fiat money.”

If Muslims do what they are supposed to do i.e. think deeply about matters and be more willing to adhere to their principles then this may lead to significant Bitcoin adoption.

Once Muslims better understand ijma, state patronage and control of religious scholars, political power dynamics and the institutionalisation of religion and adopt a holistic approach to justice then this may lead more Muslims to question not just fiat money but how independent in thought and action they actually are.

Muslims generally venerate the early converts to Islam; to go against the societal grain is no easy task. Similarly, Muslim or not, it’s a great honour to be a Bitcoiner in the second decade of Bitcoin’s history.

I hope our participation in Bitcoin will be a source of honour for us all
and I plan to make a few good acquaintances with strangers on the nostrnet along the way!

https://academic.oup.com/cmlj/article/18/4/573/7263184


Pretty much on point why Ecash sucked before it was built on Bitcoin.

nostr:note16v4r3qcng3f0jvejw8spyevgevmd698zq7vurean8fn7cp8kzggseez30l


The weather, the money, and the people have a funny way of proving experts wrong time and again. Just when they think they have it all figured out, the story takes an unexpected turn. And you really don’t have to live through too many of such turns before you start developing a healthy skepticism for the people who are so sure about what’s going to happen next.

https://world.hey.com/dhh/every-generation-needs-their-own-apocalypse-194b2413


33,000 new immersion-cooled #Bitcoin mining computers connect online today. This 100 megawatt facility is now the largest electricity customer in Sadersville, Georgia.

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


Do not waste your time on shills or sheap.

https://image.nostr.build/7ffebebb829c55a8f3783a2d1dd28a6342ce45ccc64983a0f7990b53251bc9cc.jpg#m=image%2Fjpeg&dim=680x615&blurhash=%3B6BM%7DZt700WB9FayD%25xuM%7B%3Fbj%5Bj%5BfQRjofM%7BWBWB00ay%7Eqj%5B-%3Bj%5BxuRjof9FayWBayxuRj%25MxuayIURjoft7WBayofoft79FWBWAj%5BayofxuM%7Bxu%7Eqt7IURjRjofRjWBRj_3of%25Mj%5BRjj%5BD%25t7IU&x=55a8015b6d049e0f287cf5292f3401772de29cac33b8f148a53afcce44c72dee


A green caped man lands on the head of a bushy-browed whale.


That literally depends on whether Bitcoin will win. Ecash is best on Bitcoin but in the end it's just an accounting method for already existing assets.

Ecash should also exist for fiat but fiat is full of gatekeepers.


But will the norm be ecash based on fiat pennies or satoshis or something else?


“It's a great business to be in, Central Banking, where you print money and people believe it.”
  -- Adrian Orr, Governor of the Reserve Bank of New Zealand

And they all laughed.

From Jammies Viggiano on Twutter

https://video.nostr.build/5ee3aeceb55cdf3bee4ff043192c25155ae3807c3a211689946a55fe34a6f644.mp4


Dementia isn’t funny but the thought that some people think Biden is in charge of the US government is.


What could possibly go wrong?😑

https://stacker.news/items/422856/r/halalmoney
https://nostrcheck.me/media/public/fb1eec384c726bdd35a7e102c2d6cfa08669f8f7feacfa4c68849a043462ab07.webp


in the mind of a wealthy and smart person, shorting is fiat's only use case.

https://stacker.news/items/423079/r/halalmoney


Love this!

https://media.tenor.com/4muH6DWNCp8AAAAC/marketmove-mm.gif

nostr:note1fyz65j04ezd7huvmcam6avpkmxnkmwnc6j9ut4zqnw2qgafpj6asfr4d3k


Time certainly has a way of slipping through our fingers…

Olga Grieves


The Bugle's mission is to do a few things:
Push back against and criticize the influencer circle jerk in Bitcoin related communities
Promote freedom and human dignity
Educate people on why smoking is good for you
Earn Bitcoin in the process
Open source new ways individuals can earn sats
Be the best damn journalists in the business, free of corporate overlords
Promote new communication channels and communities that further our goals.

https://stacker.news/items/422717/r/halalmoney


https://media.tenor.com/vvnB-IHC4FkAAAAC/make-it-so-picard.gif

nostr:note1qzje8k005ad0t74ap0x9caq40atamd808g9420zxm5jy6pzeeucquqtprs


You are giving me cognitive dissonance but I can’t fault your reasoning!🫡https://media.tenor.com/Sj5sGHD8N8kAAAAC/am-i-making-things-uncomfortable-for-you-stan-marsh.gif

nostr:note153ha3r34s8f68grmnpdkcea4vxqh4lf8vlrj3dqtvjsyvsulf7zqhmnd7y


https://media.tenor.com/U2lh4it0FccAAAAC/macho-man-randy-savage.gif

nostr:note1a4y4g8yxw22myy24kvjgwt44r3srmtjxz2yrl2qt2qfdkx4s74ess64m96


If Japan, with a ten-year head start, provides us with the blueprint for monetizing excessive government debt, then the Federal Reserve is in for a race!  If we look to the Eurozone, we can say that for over seven years now, newly imitated government bonds have been bought almost exclusively by the European Central Bank. There is no market for junk paper and bankrupt states! This policy of government debt is highly inflationary, as the state acts solely as a consumer on the markets with freshly printed money and does not add any services of its own. Citizens must protect themselves from this robbery. Japan only escaped consumer price inflation because it suffered a demographic collapse.

—

Small nuance here: the ECB is only buying up some countries' bonds, and intentionally NOT some other countries' bonds to prevent the yield spread between the fiscally sound Northern and fiscally unsound Southern euro area members growing "too big" (i.e. reflecting the real default risk).
This basically means citizens from the northern Member States are paying a higher than necessary interest rate (via taxes) and the inverse goes for citizens from southern Member States. Essentially a wealth redistribution from North to South
It's euphemistically called the "Transmission Protection Instrument" 🤦♀

https://stacker.news/items/422667/r/halalmoney


I think Stacker News is a great place to debut work; especially, if the author is interested in feedback. There's nowhere else, to my knowledge, where you can get the same degree of thoughtful input from your readers. Even if an author is planning on primarily publishing on one of the bigger platforms, there's basically no downside of putting it here first/also.

https://stacker.news/items/422334/r/halalmoney?commentId=422368


Majestic


Something to think about before arguing with a stranger on the internet.

“Sure, you might be a supporting actor in the stories of your family and close friends, but for 99.99999% of the world you don’t even exist in any real sense. You’re not a part of their story, just as they are not a part of yours…”
nostr:note1cacs6pz2ffqy3d6hk3enexckvx9c6lkcg8xahnh2kq6d7gqt7aqq30frhu


Stop pricing bitcoin in dollars.

Start pricing dollars in sats.


From the bottom up I see mirror images of:

Two curious monkeys, two cautious dogs, two green eyed cats.


Cheap enough for your future grandkids to dislike you for not acquiring more.

https://media.tenor.com/2lDkkWx6vU4AAAAC/happy-early-birthday-now.gif


Good points. Exposure is one thing, conviction is something quite different.


Of course, the people who only acquired at the previous ATH are still in the nominal red. I especially want NgU for them!

Bitcoin should benefit….https://media.tenor.com/r1xGVr2zF-AAAAAC/everyone-the-professional.gif


Alternatively:

As a #btc  maxi, the *fiat* price *and the hash rate* going up reinforces your conviction.


USD, the steady rock in troubled waters that everything is measured against


Number go up https://image.nostr.build/6fbc94a74054593f7e49e2c4f19035f3387ca23462fbf43e934a623af624f0c2.jpg


Pissing match arguments are so tiresome, even more so among strangers on the internet. Mute and move on. It's not worth the time. There are more important things happening today in your life than needing to feel you have one-upped someone you don't even know in an argument that has no bearing on anything.


Whenever I save $20 and use that money to stack sats.
https://nostrcheck.me/media/public/nostrcheck.me_2491455304169065721707747179.webp


Agreed e.g. less Swift, more hash

note19l8mkwk0p44peslkz5sucuyupktsv77ahc2wh7m6n75jkthzndgqq0xxyf


Just saw this on timechaincalendar!
https://nostrcheck.me/media/public/2dcfe5315c3612d3136ee2f9b79d85b23a12d3c08e74a3d04916dea6e2b2bbd6.webp


Me: Bitcoin and Nostr for the win.

Also me: I have no idea how any of this works.


A good excuse to share this again…

note15yrch8qxdkehfclrkwjhmcserwt2gzc24g5v8fz742gzfp4ev09q8uaz7t


😂 nostr:note1lp77h5tfu8luu5pavyv03yt4dlwpednfs8xrggv8444jk3wts5asn0cj0e


1 BTC is out of reach for most people already so making the 10, 20, 50 million sat target the norm is needed as not to discourage people who have unit bias

https://stacker.news/items/421623/r/halalmoney?commentId=421917


*Just like we blew it up.

#Nordstream


I don't think ecash is bitcoin. But it is a way to build on top of bitcoin that lets us have access to some of bitcoin's awesome properties. It is better than WoS and leaps and bounds better than credit cards and central banking. And many of the projects being built on it are designing for interoperability with bitcoin.

https://stacker.news/items/421567/r/halalmoney


True sovereignty is as easy as:

note1uzyh6mmsz5wmwv0ea3pkcmxduaez75judwke2wgz6c9lma8ur9xq54hqcd


#meme #memes #memestr #nostrmemes #bitcoin #btc https://image.nostr.build/d2ad0fe0be894bf023a301e44d8db599abda19af3b0ad72b03cfb16538b7df23.jpg


The SHA256 Hash function broken out.
Mind blowing.
https://video.nostr.build/cfbdeea3a2c8c68896bbeae978fb21fbb0b77c1fd902bccc08ac154caa7595b1.mp4


If the dominoes fall in a particular way, then Bitcoin will be the channel through which the osmosis of power occurs.


If the soul of a honey badger entered a cat….
nostr:note1ch6k4nfcvnmxru03gmtdgwsxxzkw40jqtkzme4mmmhk3n7u2yaxsa725em


We live under a soft form monetary & regulatory slavery which is managed by corporate quangos & the political class. However, this system is disguised as a kind of capitalist democracy. And that disguise is used to get anyone unaware of this scam to support more of the monetary devaluation & regulatory burdens that enslave people in the first place.


#grownostr #freedom
https://i.nostr.build/ka0a.jpg


Inflation at its finest: https://image.nostr.build/2895f5002de41db23fbc80d8bdf3e687d0d3f032151f4d5181bedfdc8bcd01f2.jpg


A grumpy grey man attempting diamond push-ups. He is wearing a long hat upon which a tiny hippo is napping.


it’s all about picking out patterns from the mess around us.

https://stacker.news/items/420466/r/halalmoney?commentId=420739


I forget what a little bubble we are in as Bitcoiners, most ppl have no idea what is about to happen


The path is prepared. You must tread it yourself. #Bitcoin https://image.nostr.build/fbc89d5643a26ddc1ea69434ec6413b3578fc9d181ab1cef289eb567d938a731.jpg


The opportunity is gone once everyone else has the same idea.


Guess who just heard about the halving….
nostr:note17f6fszmn908k75uppg2zvx7kl32fynshm8j6vlqywd5rwza0362qxlyrw9


The ability to let go of your need for popularity is a super power.
nostr:note126d4l4rtdhts8wdrsuepdgw754u3ffzyd9hhamdrnreeh4m8tj6sldlnc4


https://image.nostr.build/d62be519ee086c754491b15f6b3f524b62cc14214453724d3c05b0a4623b45a3.jpg

#meme #memestr #nostrmemes #memes 829,930 🤙💜


Spending years in a toxic relationship is much worse than being toxic with words.

https://stacker.news/items/350493/r/halalmoney


If riskier investments could be counted on to produce higher returns, they wouldn’t be riskier.

—Howard Marks


Accumulate value over time

For the payoff to be large, value needs to accumulate, which means it needs to be possible to add value reliably, and for value-already-added to not erode quickly. At a minimum, value must accrete, but ideally you construct a positive feedback loop, where growth or size itself begets more growth.

https://longform.asmartbear.com/investment/