New tactic for making sense of something people are confused about

Instead of reading mainstream coverage, which will just report “we’re so confused, everybody’s so confused” and expecting to come away anything but confused

Try listening to people who are sure they’re right. On both sides. See what their first principles are, see if their logic checks out, see if their motives and interests and incentives check out. See if they agree on anything. See what they disagree on. Game out what happens if one side is right, if the other is right. Finally, and crucially, see if one side can make the others’ arguments as well as if not better than the other. If one side seems to understand the other better, they are more than likely the ones that are right.

Finally, decide from all this data what you think makes the most sense.

This is called critical thinking and the overwhelming majority of people can’t do it.

So they just keep reading the news: “we’re confused, so confused, can’t anyone make any sense of this confusing thing?”


If you do it like film people do, you skip I and O and you go to double letters after you use Z


Competing versions of the same feature could append with a letter

Eg NIP-46A, NIP-46B and so on.

Would be much more organized as this ecosystem grows


Pictured: us https://image.nostr.build/0e490cee0b013297f892f011783ba3f8c4445b8d1da431b2e69dbabf02f58e20.jpg


Tonight we’re going to party like Moscow Time is 1999 https://image.nostr.build/bc906bfbed89fcd00a2c6b1083ed5206bd592a272ebe39187b53741fca7f00d7.jpg


And your family needs you nostr:note15jlpqlpvxp40rpzk0lwjwwall84kh5jj07ucuar4aack4s7u69xqesxzwj


In Q1 2026 no doubt


Are Monday morning pumps going to become a thing?

And is it because the ETFs weren’t trading all weekend and they need to rebalance on Mondays? Or because weekend pumps give ETF buyers FOMO and Monday AM they ape in?

Either way, I have a feeling this is the first weekend/Monday pump of the next 90-100 weeks straight 😂


Since the IPO he has been a bit of a recluse


Families in the agrarian past weren’t intentionally integrated, but rather they were integrated out of necessity - for survival.

The rapid evolution of our societal structure through the industrial and post-industrial age made the absolute necessity of an integrated family for survival an anachronism.

But it did nothing to the necessity of an integrated family for human happiness and flourishing.

The entire body and soul of Babylon is suffering from this vital nutritional deficiency.


Pictured: Vladimir Putin

IYKYK https://image.nostr.build/cfbcae2f067834a5d40adaa03bae714cc43945363b469416af67269733678df3.jpg


You don’t need to burn coins with OP_RETURN. You can send 0 to the OP_RETURN and just pay the fee to include the transaction. No coins are “burned” (removed from circulation), and your 80 bytes of data is on the blockchain forever.

There’s also this ordinals hack but don’t ask me how it works, it seems like a passing fad to me due to cheap fees, like satoshi dice was for example


I agree. It was just amazing seeing him talk himself into the need for a non-zero position.


That’s incorrect. You can burn bitcoin if you want to with OP_RETURN but you can also use it without burning it (sending 0 to the unspendable address). The fee you pay to miners doesn’t leave circulation.

OP_RETURN was added to discourage other data storage schemes on the blockchain. People were already recognizing and utilizing the immutability of the chain to store non-financial data, and they’re still doing that to this day with ordinals.

OP_RETURN didn’t introduce the idea of storing other data on the blockchain, it made it orders of magnitude more efficient (storing hash proofs instead of the data itself, and allowing nodes to prune the output as unspendable)


Probably true but two counter arguments

1) when humans adopt network technologies, the majority of people come in as a wave all at once. Until now it’s been entirely early adopters. But once we cross “the chasm” it’s unlikely adoption see the same kind of “bitcoin is dead” pull backs we are used to

2) the newest entrants are large traditional players who will not fomo, but will allocate a weighting, meaning they will sell when it goes up and buy when it goes down automatically to rebalance


I heard the Bitcoin CEO is headed there next week to raise prices


If you mean the menu is the digital token of something and the food is the actual thing that token represents, then Bitcoin is the first time ever that the menu is the food

A scarce entry on the ledger of an effectively immutable notarization service is the informational representation of something as well as the thing itself


That’s exactly how a backlog of transactions incentivizes more hashing (more precise term than calculation). Block production slows down, meaning more transactions bid for the next block, meaning the fees they bid go up.

In our current epoch, the block reward is bigger than the fees, but this will change much sooner than people realize (10-20 years from now if demand for blockspace simply remains constant)

There is a supply and demand relationship for blockspace, with a hard limitation imposed by the difficulty adjustment.

The difficulty adjustment also causes the blockchain to be a reliable notarization service - 10 years of blocks can only be made over 10 years. And that’s really what this whole system is - an (effectively) immutable notary


In that analogy, what is the menu and what is the food?


Fees are not affected by the profitability of mining, but the other way around.

Your theoretical point about the difficulty adjustment is interesting. In the case of a sudden -99% drop in hash power the very beginning of a new period, the difficulty adjustment period could go from 2 weeks to 200 weeks. That’s interesting to imagine but it would just cause a backlog of transactions that would make each block more profitable to mine, incentivizing new participants to come in and mine, reducing the block time. And all of this would of course resolve itself when the adjustment period finally ended.

A super massive -50% drop in hash rate would only double the block time to 20 minutes and the period to 4 weeks before adjusting the difficulty.

This is a really interesting thought experiment, but like many things in bitcoin, it seems mathematically improbable.


I looked back at what you wrote - I don’t think you realize that the electronic exchange of Bitcoin is not the exchange of an IOU for something but rather it’s the exchange of the thing itself. And verification is something the receiver can do themselves

In the present world (and in the theoretical world suffering from collapse), the tools needed to verify any amount of bitcoin is real are an order of magnitude less costly than the tools needed to verify any amount of gold is real

In Bitcoin and only Bitcoin, the map is the territory


I think 100% will use them, but 50% will also use bitcoin for quality things they actually need that are experiencing shortages because of price controls 😉


I’ve seen variations of that claim

Dr Cate makes the claim that 80% of our health care spending could be eliminated by banning seed oils from our diet

https://drcate.com/


I’ve read a number of these books and so far this is easily one of the best, I wouldn’t be so easily discouraged


Another way of saying this is “you may think Bitcoins are worthless, but humanity disagrees”. Luckily value is something you can practice at the individual level so you’re free to have your own opinion but in the case of money, the best one is the one that will afford you the best spending ability in the future and that depends on the psychology of others, so your determination of what to successfully use as money is beholden to what other people think, whether you like it or not


I’m a rosemary maxi myself


There are plenty of examples of pure information that has a value, otherwise no one would ever be paid to do research

Value is a subjective quality that something can have, whether it is tangible or not, but physicality is what enables the scarcity of a thing. The paradox of Bitcoin is that it is purely informational and yet scarce (such a thing has never existed before)


If the value of Bitcoin plummets, then the profitability of mining drops, then miners drop out, and the remaining miners become more profitable. The difficulty adjusts and the issuance rate remains stable.

If the value soars, the profitability goes up and new entrants enter the mining game. Then the difficulty adjusts and the issuances rate remains stable.

I don’t understand your second scenario at all. The price falling makes transactions prohibitively expensive? Do you mean the price of bitcoin falls to where no one can mine it profitably? That era already came and went and it did not lead to collapse of the value, quite the opposite.

Also, your opinion that bitcoins are “worthless” is just one opinion, there are 8 billion others that affect whether bitcoins have worth or not, and currently one is worth ~$48k.

I think you might be misunderstanding the difference between miners producing blocks and users submitting transactions, as well as block reward versus transaction fees. At least you’re mixing up the terminology and your meaning is unclear.


It’s a cryptographically provable and definite unit on a ledger that can be “owned” in the sense that it can be discretely reassigned only by knowledge of a specific private key (secret huge number) and it can be used to by space in an upcoming block of entries on said ledger to inscribe any information you choose, by rewarding the producers of that cryptographically valid block.

I agree it’s complex and intangible, but it’s still definite and unforgeable. And it is the only valid payment mechanism for the immutable record keeping provided by the blockchain.

You can say “what IS a sat” but that’s only a gotcha question in the same way that “what IS zero” is a gotcha question

You’re free to deny the existence of something intangible because it lacks physical instantiation but I’m also free to use it to solve problems

The point where the rubber meets the road, where the intangible meets the physical universe, by the way, is the physical energy cost required to guess large numbers (ie cryptography). For gold, it’s the physical energy cost to find/produce more physical atoms of the metal in the physical world. For bitcoin is the physical energy cost to find/produce new valid blocks on the ledger using machines operating in the physical world.

In other words I agree with your observation that limitation by the physical universe is a desirable aspect in money, but I think you fail to see the way that Bitcoin actually does meet this criteria


Great points by the way, just trying to understand how you see that potential outcome playing out


When you say, mining become uneconomic and the chain abandoned, how exactly do you mean?


NGL… my family is Jewish and yet when I read your post I thought

“Sounds like someone needs Jesus” 😂

Jk but I’m listening to the book now, it seems great. I do think it’s worth asking why the people who prioritize family also prioritize God 🤷♂


I agree it’s an insane price tag. My Apple Watch, AirPods, and iPad never became daily devices so I can’t imagine this ever would


No just single and successful and an Apple junkie


My buddy has one and he’s been sending us videos and thoughts, AMA


I can’t wait to see what bitcoins bull market pumps on weekends does to the NAV of the different ETFs lol


Ecash locked to npubs (Cashu-address.com) and multisig messaging and treasury with npubs (bitpac) are the most mind-boggling innovations since LN


I’m ready for $58k 😎 nostr:npub1ayhdtt89alap5r4qvw2qzp6ccmfsamvz3wz7ncyctj53nzcvxl7qxy8s89


If you own a field, its value is rapidly appreciating in dollars, holding steady in gold, and declining against bitcoin.

Which of these denominators one uses in their head determines the opportunity cost of owning that field versus owning the denominator asset.

If one denominates with the dollar, it’s a no-brainer to own the field instead (whether you need to use it or not). If one denominates in gold, it might be 50/50 (you’ll own it if you need to use it, but maybe not if you don’t). But if one denominates in Bitcoin then it becomes a huge waste to own the field (unless you absolutely need to use it).

Obviously the extreme deflation of Bitcoin prices we’ve seen so far will slow down with time, but it’s designed to always be deflationary. If most people come to denominate with this deflationary asset, their mindset will become deflationary (don’t own things unless you need them). This would remove most if not all of the monetary premium in those other things (because people are not hoarding those things in lieu of the denominator asset).

A world denominated by the dollar: you’d be crazy not to own scarce things regardless of whether you need to use them

A world denominated by gold: you should own scarce things you need, maybe some you don’t, but you’re good owning mostly gold

A world denominated by bitcoin: nothing is scarcer than Bitcoin, so unless you absolutely need to own something to use it, just own bitcoin instead

Money is ultimately a psycho-technology, a tool humans use to denominate value. A weapon is any tool that can inflict damage, and many things can be a weapon. Money is any commodity that can effectively denominate value, and many things can be money. There are typically trade-offs in the characteristics of a weapon, like range vs durability for example. Money always has trade-offs in these properties too, between ease of transaction, fungibility, scarcity, amount of adoption, etc.

You arguing that gold is the only true money is a bit like arguing that swords are the only true weapon.

Bitcoiners are trying to argue that gunpowder has been discovered and although we are currently wielding muskets, the groundwork is being laid for a future AR-15.

Back to the analogy - the denominator a society uses most widely IS their money, and that society’s commerce reflects the realities of that money. Just as the safety and security of a society are the emergent result of the dominant weaponry.

I know from our previous conversations, this analogy is one you’re actually much better versed than I am in. Do you think it holds any water?


It’s the seed oils


What’s basil?


+1 check out BitPac

https://www.youtube.com/watch?v=RLh4CF7Sd_w nostr:note18eyuwynrhaj2dr3mldcnu3w4nul6q6a6vjpefgkpeyevkwgh767sypay6j


When you put it that way, it hardly seems fair 😅


Nothing is permanent and there are degrees of demonetization shy of complete demonetization

A global gold standard existed only for a century really

The bet is that it becomes the primary monetary asset for the world, as its dominant store of value (currently held by dollar-denominated stocks and bonds), medium exchange (currently held by dollar-denominated bank liabilities), and unit of account (currently held by the “dollar”)

The bet is these will one day be UTXOs, ecash/lightning, and sats respectively.

The bet is the majority of the world will come to price an ounce of gold in sats, rather than a Bitcoin in ounces of gold. And that, due to the fixed terminal supply of Bitcoin, the price of an ounce of gold in sats will continue to fall forever.


That will be so amazing

I want to be able to split payments with collaborators on film projects

Previous attempts to solve this run into the problem of excessive fees for micropayments. Cashu-address could solve this by only receiving via lightning once, then splitting on the ecash side of things (no fees)

I’d love to get my collaborators on Nostr, then just be able to forward split payments to their npub that they can withdraw whenever to Cashapp or Strike or even buy Visa cards from The Bitcoin Company. That is the dream


Oh he does think, it’s just hard to grasp that the thing you’ve valued so successfully your whole life is about to be totally disrupted


Based on block size, realistically, each UTXO will have to be shared by an average of a few thousand people

ETFs are the dumbest most, expensive, most analog way to share a UTXO but until there are better alternatives for these fools, this is what they’re going to go with


Ooooohhh I see. That was confusing. Shouldn’t it just leave the balance on the website?


Nah listen HE said 10%. That was his number. That’s so insanely bullish because it means he is headed to a 10% allocation over the next 24 months, or else his portfolio doesn’t match his analysis


a stonks maxi boomer tonight told me “I just don’t believe in it” re: Bitcoin

I said “do you think there’s a zero percent chance it succeeds?”

He said “no, not zero”

I said “what percentage chance do you think it has of succeeding”

He thought and said “10%”

I said “bitcoin’s TAM is the monetary premium of everything - stocks, bonds, real estate, art, gold, everything. And you’re telling me there’s a 10% chance that succeeds. There’s a 10% chance it eventually replaces everything else in your portfolio. If that’s the case, what’s the proper allocation? Isn’t it 10%?”

And I watched the lightbulb turn on in his eyes

Bet you anything he buys some ETF Bitcoin on Monday


Agreed 🤝 (also not me)


That makes sense but I don’t think that it’s working that way currently. I didn’t get paid out cash at the end like I expected


Cashu nuts payable on submission of a DM like a postage stamp?


I feel like Simplex can fold into nostr clients easily. It’s XMPP at its core


Can’t Nostr DMs be reworked so that only the recipient is identified, but not the sender? (Except to the recipient, who can identify the sender from the message once unencrypted)? #asknostr


Anybody want to build a nutsplitter?

Would allow you to paste a Cashu string and split the funds to a bunch of Nostr DMs?

Want to be able to split proceeds of a movie to all my collaborators


Should add that Cashu-address.com is my favorite new thing in Bitcoin since Umbrel


nostr:npub1mhcr4j594hsrnen594d7700n2t03n8gdx83zhxzculk6sh9nhwlq7uc226 two feature requests:

Being able to claim on lightning with no specified amount (would allow withdrawal to cash app)

Also the ability to specify splits to other addresses

I would love to automatically split ecash amounts to different npubs

(The use case is a movie with collaborators, and they participate in all the proceeds)


I am LOVING this. One note - I noticed if the lightning invoice is less than it says it should be, the balance is still wiped (no remainder). Is this intentional?


Keep engaging with strangers. My wife and I keep finding likeminded people everywhere we look. People are just quiet at first, assuming they’re the minority.

But I feel you on the old friends and family. It’s a struggle. Though fortunately for us I’ve orange pilled a few of them


You’re gonna get to eat a lot of peanuts if we ever hang out


VFX eh? I’m trying to build a roster of Bitcoiner/Nostr film people. Welcome to the party!


How long until eNuts can be my go-to lightning wallet for on-boarding noobs? nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg


Cashu-address.com is ingenious


I knew the official translation wasn’t very accurate


It’s not an accident to frame Tucker in an over-the-shoulder shot that prominently features Putin’s bald spot (while framing Putin himself in a clean single) https://image.nostr.build/2798223238f7c31c7be577157a4e49d3ceaccd87e1c378aa3dffc1ac953e5f9b.jpg https://image.nostr.build/de46c1576f09df2a8878c024ff3c35b50208541059adc8f592326441d29178b0.jpg


Y’all got any more of those 🟢🟢🟢🔴 memes I can send a newly orange pilled buddy? https://image.nostr.build/f4d24e13c49dd2565682af33a7cb30e2ae9edbbb9143894773f48422368ead32.jpg


I love the smell of rocket fuel in the morning


Someone take this thing over https://image.nostr.build/d2024ab40d344c7bfea94cde3178d8b4dcc1c915fe75b432470dc4ba31db8b9b.jpg


Yo when nostr on mesh lora 👀 nostr:note1dqg0qvk5y63l7sj5fm32q3vmehx37l347cjjqrcpwfp05c8u654ql54f0u


Audio working now 😅 but can’t see everyone’s comments. Bug


No audio?


Siiiick


No way, the son of the former American propaganda minister is a propagandist?


Yes but like actors the really successful ones are the products of their agents who run their careers


I don’t think politicians are the players as much as the puppets

Possible exception is politicians who stay in power for decades


I think it’s more likely these Trumpian populists (Trump, Millei, Bolsonaro, etc) are puppets of the Zionist cabal. They’re meant to weaken other countries while furthering Israeli and Rothschild goals.

How could anyone possibly be anti-State and pro-Zionist?


nostr:npub17k64766yhzvhk2mws356dftl35lnkthjwq34gdz9cs8va3y9aejqwmhcd0 this is my new answer to your question the other day


Ok per our other convo please manifest yourself a burrito asap


Lmao keep em coming


Mindset = you set your intention and this changes your perception and then you found what you were looking for

Vs

Manifesting = you set an intention and this actually changes the universe and then you found what you were looking for

Either way, you set an intention and find what you’re looking for… so the middle part is less important to nail down imo


If all you think about are problems, all you will see is problems

If all you think about is opportunities, all you will see is opportunities

Something like that


You need to pay a fee to write new records, so you need to spend whatever the current fee rate per byte of data is. It’s an open global market, but the space in the next block is finite.

Once written, the record does ride free and the security/immutability comes from new records continuing to be written.


Oh yes. Big warehouse in Van Nuys. All those “let’s go to the stage to see Jonas Brothers” stuff is filmed months in advance. They do the different holidays too, they switch clothes for Thanksgiving lol


Yes.

Record-keeping is an important human endeavor. The more reliable and complete a set of records are, the more valuable they are.

Bitcoin is a system in which something valuable (energy) is exchanged for something else valuable (nearly immutable record keeping). The medium of this exchange is a token called “bitcoins” which happens to also be the scarcest, most secure, and most portable form of money ever discovered.

Because of these desirable aspects, this token (which can natively be used to purchase immutable record keeping) also becomes an emergent form of general money.


I never watch those things but when my friend worked one and told me, it still made me a little sad 😅


Let me guess, he fixes the cable?


They film the New Years Eve specials in a warehouse in July. They get footage for lots of different events at the same time, like AMA concerts and stuff


There’s a “Bitcoin Preferred” logo that I know nostr:npub153xmex42x4chdf757hp3q6zxagykkek7pdgwuwd074964dkyha9s82ryu8 uses with his wine sales that would look good on a billboard


Prove it


Hammurabi’s code didn’t define what a slave was, people just knew already (prior to any written laws)


Nothing to fuck with


In the artist’s rendition, the shade is falling on sub-Saharan Africa and presumably causing crop failure and genociding the entire continent

Sadly, on-brand for Israel 👀


Hear me out

The movie Armageddon

But instead of just drilling into it to blow it up

We play a football game on it first

Hollywood - you have my number…


“Those can be someone else’s problem” is the exact thought I feel when I’m done doing the deed


The writing was on the wall in early 2022 when CNN was hitting all time lows and Rogan was hitting new highs

(Not that Rogan is really signal but he’s a gateway drug to truth)


100%

Heterosexual monogamy in which you have and raise multiple kids and teach them to pray is very subversive now


Were you doing nothing much, just watching the game, having a bud?


Do y’all have any super powers? nostr:note1jx3d49cpfe68mc9rmpycc6ur9eejvu8nkvclsg3tnv7f99klzfcqk9auzk


My super power is the ability to turn any bowl of mixed nuts into just peanuts in about 10 minutes.


nostr:npub1rtlqca8r6auyaw5n5h3l5422dm4sry5dzfee4696fqe8s6qgudks7djtfs rants hit different nostr:note12lu4duch4uug63swlg9gkw4havuflgm3mjdtqp4r6hp29046hcnqw9yyrp


I think it means the Groundhog turns off HAARP so it stops snowing for the year


“And by completed asap we mean we’ll begin a process that actually takes several days up to a month and a half to complete on the back end”


The cheerleader and the football star 🙄


Don’t ask the government who actually builds the roads


$3,499 is a lot of curiosity


Is there any other kind of


They had a lot of those lightning components to offload, given the move to USB-C lol


Yeah fasting and autophagy are enormously helpful. And it’s a lot easier to ease into fasting if you cut carbs beforehand

The common thread of the many approaches that work is overcoming insulin resistance (which is caused by many different things and has many different symptoms in many different people, but is all the same disorder - your body is metabolically sick and your cells are starved of energy)


Again, the only people I’ve met who think it’s just discipline have never been on both sides of the ball

And all of the people I know who have actually achieved weight loss say the same sort of things @asource said

If I’ve got a dragon to slay, I’m gonna listen to the guy who has slayed a dragon before, not the guy who says “I’ve just had the discipline never to get involved with dragons, that’s all you have to do”


We’re arguing two different things

Yes it’s still on an individual to be healthy

But a person needs to be more informed and more careful not to get fucked by the American way of life

Whereas a person can be pretty much uninformed and not careful at all in Europe and unconsciously be way healthier (for a lot of reasons, like you mentioned)

People who’ve never dealt with being fat often think it’s the result of their superior willpower in the same way the Boomers think that they’re rich because they’re so smart and responsible for just buying stocks in a 40 year bull market (and why can’t everyone just do what they did)

The key is not to try to maximize your willpower (which doesn’t work), it’s to find ways to make wildly better choices about food especially and exercise (to a lesser extent) without requiring substantially more willpower. Then eventually the snowball effect takes over and it gets easy, your brain is not starved of serotonin and dopamine and you can make good choices all day long

I’m not saying your “shame the fatties” (paraphrasing) is morally unsound necessarily, I’m just telling you it’s been routinely proven ineffective, unless it’s just to get the ball rolling for them to work smarter, not harder

The people I have know who have lost weight just thinking “calories in/calories out” have always relapsed which is incredibly demoralizing because they don’t know what’s going on. They don’t understand nutrition or their bodies any better. And they end up with eating disorders and shit. Reinforcing this oversimplified idea along with emphasizing the primacy of willpower… it just doesn’t help people, in my experience

But your whole thing is “fuck everybody” so I guess just keep doing your thing lol 🤝


More like someone growing up in LA thinking umbrellas and rain boots are just for pussies

Just don’t know what you’re talking about because you’ve never dealt with the problem


This. Perfect, succinct explanation I have been trying to pull off for ages nostr:note1237739c8z72d2ldr66zgmt9ur0j9ev55e9hnfarlpx4cr799fjdqn6frqf


The only people I have ever heard say this are people who have never lost a dramatic amount of weight themselves


The node is IN the boat nostr:note1gc4yr3gyafswxmrgn6fmaed3mlsmem82aglf26kp9pxuc3qr4ztsj6fz55


The node is in the boat?


A GM filter that shows only GMs would be the improvement

GM


And if it doesn’t, fuck it, you get more of my rambling this morning, king


If this thought has anything to with my fat people comment, I actually remembered three more examples 😅

In every single case, people packed on pounds in the States and then lost weight in Germany, both male and female… the girls especially were unrecognizable… for me it’s clear pattern recognition, so I do totally agree with your premise above


If he had survived I guarantee you he’d say the same thing - he’d take responsibility. Can’t make it allowing yourself to be a victim of your circumstances

Sadly he was in over his head and didn’t make it out alive


100%. If you think women actually want equality you don’t understand the game you’re playing, gtfo


Best friend’s 23-year-old brother ODed on heroin. I agree it’s both his parents fault for turning him over to the doctors and the doctors for medicating him to death. Bro never had a chance.


I did lose 45 lbs living for a year in Germany and I promise you I was the same lazy glutton the entire time… around the same time I watched a beautiful German girl go to Minnesota for a year and come back a whale

This country is absolutely fucked on a societal scale - expending willpower to fight back every day is not a sufficient solution for every single body, some of us are very fucked from being formula fed and vaccinated and PFOAs

But I do agree that’s not an excuse, you still have to keep fighting not to be a fat ass 🤝


Smart obviously, yes, for reasons


The day you decide to become the active protagonist driving the plot forward, testing your internal character by overcoming external obstacles, is the day your story begins. Everything before that is just backstory.


Can confirm


It would be if nostr was “full” of anything… nostr:note19q2p839u49rkxmdxeld67sp23n8zqpndgkzet62hzpqhg69p6hns2secyv


nostr:npub1yrf6e774ggeylt7e7s784jv9ydawv5c4z5zj4arvvs04q7lkulvqdgkaz3 keepin in real tho


*you https://image.nostr.build/d0e216ccdef6e4588b70cc5d0321f624756ea85528b68d2cc30df40a62758692.jpg


big day for holden bloodfeast https://image.nostr.build/75e993aa50e7323ca795fa65de62cebf43126fad83d599476f6cbfed57740a60.jpg


That drive is lovely


But where have all the good men gone


If a gray market in Bitcoin develops, it will operate via nostr. That won’t be “mainstream” but it will be orders of magnitude bigger


It also fizzled because Apple gradually implemented all of the best jailbroken tweaks into iOS so jailbreaking began to have very diminishing returns


Lmfao


Also https://image.nostr.build/d0e216ccdef6e4588b70cc5d0321f624756ea85528b68d2cc30df40a62758692.jpg


The Rockefelllers can’t suppress the tech anymore 💪


Hopefully not an exercise that “goes live”


That involuntary laugh as she bullshits the public… see also Bill Gates, often


Her (?) father didn’t hug her enough. Next?


How do we tune in?


100% - subflation

Like subbing in seed oils for animal fats, human beings will be replaced with machine learning to cut costs to keep from raising prices


A reboot where Clark Kent gets into way more trouble than Superman does would be 🔥 nostr:note1q8j5vzkd0qs2r9k3hve95v2phte32lup02dtt30lgcrx25rl3svs56mluc


I think Occam’s razor is it’s a play for Wall Street to buy up government assets from the country under the guise of “free markets”. Not dissimilar from the IMF/World Bank play but quicker timeline. Get the socialist government to nationalize everything under one entity, then get the anarchy capitalist to privatize it in one fire sale. Basically what happened at the fall of the Soviet Union.

I mean, I too like everything he says. But a younger dumber me liked what Bernie had to say. And I start to wonder if it’s all not the left and right fists pummeling The People through the centuries 🤷♂


I still think HIV is an in silico hallucination, basically, ie it’s fake and ghey but totally agree re: germ/terrain theories


I mean I agree with you I just… these… are just too damning ha


I was with you but now I’m on team viruses aren’t real (they’re not pathogens)

Great piece that lays it out: https://odysee.com/@spacebusters:c9/A-Farewell-to-Virology-pt-1-Final:3


rand0 there’s no way you believe in HIV/AIDS


Bro these HAVE to be LARPs


Nah I’m playing catch up but it’s so good


I’ll have to check that out.

Mine were a sporting event and a museum. I think I would have had a situation on my hands if I tried this 😅


Like it or not, these journalists getting laid off are just going to have to learn to code 😂


I get chills down my back every time a merchant doesn’t take cash. They’re starting to act like I’m the asshole for trying to pay with MONEY. 🙄


The more I think about it, the more the sunburn/sunscreen phenomenon is the absolute stupidest thing we have been brainwashed to believe nostr:note1lv6a6wm8xnq2vux8ryx0wzf4cy6numwx8mhal8hn8m66jd8nzzqs2uyu5q


Every channel increase is a splice, so I think it’s twice as expensive as a single UTXO spend. I would recommend pre-loading Phoenix with a decent on-chain transaction then spending it down, leaving you all the in-bound liquidity you should need


I hear what you’re saying. But I would chalk it up to “we all made decisions about what we were going to do when it hit $250k in Q4 2021” and of course we never got close

Some of us deferred necessary spending while the price cratered to $16k for obvious reasons that just can’t be put off another 18 months


They do, and while they may not have the best fee across all providers, they do allow you to take immediate custody up to $10k per week (for me that’s huge) https://image.nostr.build/a0dfaa8b5779b73048c8af8a1b83127b8441067f46f4e0e359fb50db0d8e7ca1.jpg


DOD types. I don’t remember details but the kind that make you go hmmmm


https://image.nostr.build/c180126c39ce6638e81c99729288c3ea9daba71299e1bbf7cd36e5d90a66d77f.jpg

#meme #memestr #nostrmemes #memes 827,355 🤙💜


Don’t forget the very obvious spooks involved lol


If they’re three hardware wallets from the same manufacturer and generation, maybe, but you should not do that, you should mix and match devices so you’re protected from hardware risk

The added complexity of mixing devices is added security


YES YES YES

It does not need to be so hard to self-host content.


Multisig cold storage done properly is more like a 7 and LN is 8+


It’s driving me nuts that the pawns aren’t pointing forward. Also the bishops and rooks are the same shape, just turned, which seems problematic


Talked to a wealthy middle-aged biotech entrepreneur tonight who told me how he “missed the boat on Bitcoin” and that “whether it’s Bitcoin or not, blockchain is here to stay”

We are still so very early


Excellent pun on the last line also


Hyperdeflation is a crazy thing to experience


I can agree across the other product lines, I just have to insist that the M series Macs represent the opposite of complacency


I have to disagree, the Apple silicon MacBooks are easily the best laptop ever built

If your last Apple product was bought in 2010 then you have no idea what you’re missing


This will beg the question “why are the bank’s tokens different from my tokens” and then everyone is down the rabbit hole nostr:note1f57w260fm6409qp06g9u5478wzx29c26gm5cxhfag32q8wp9p0pqu6lc4x


No one’s in jail. That’s all part of the show.


Sure maybe but everyone in all of that footage that day was an actor. I personally know one.


They weren’t real cops and it wasn’t a real gun and they weren’t real protestors and it wasn’t a real protest


Because they weren’t real cops


I truly don’t understand why anyone continued writing music after they first heard Doctor My Eyes by Jackson Browne

I mean wtf is even the point


It’s a semantics issue. The custodian of an e-cash mint has a completely blind redemption obligation to an entire set of issued tokens. Compare that to an account-based KYC ledger where the custodian has individual redemption obligations to known entities.

In both cases, the custodian can default on its redemption obligation, but in one of them it can do so selectively and targeted, and in a limited capacity, and it can also be compelled by governments to do so. That’s very different than an all-or-nothing default of the mint.

I think these relationships are different enough to necessitate two different terms. Custodian and “guardian” I think is what fedimint uses, right?


Can someone please let the boomers know that parents are responsible for how their children turn out, including and especially whether their children are able to take responsibility themselves?


Dude yes


Last night was the second time I’ve literally dreamed of the god-candle


Dystopia Now https://image.nostr.build/3b1f35ac2747153f119bc4cfb62b37b9c8bacccbe979b5a5ff406f3e33a577c6.jpg


Currently dealing with one of these with my mother in law, she does nothing wrong, she’s the center of attention at 75


Psychological warfare since Babylon


L O FUCKING L THO


The multisig script is not unique to you, but it’s definitely something identifiable. If you go in from 4-of-7 multisig and out to 4-of-7 segwit multisig, there’s just not that many people using 4-of-7 segwit multisig so you might stand out in a chain analysis. But it wouldn’t be deterministic still

At least that’s how I understand it, definitely find someone more technical than me before you take my word for it


So it’s still priced in dollars, right? (For obvious reasons)


It will harm the privacy gains to recombine mixed UTXOs


I found it pointless and very fiat minded

Better to use The Bitcoin Company and Bitrefill


Is it like deleting? Where because it requires a note to undo a note it’s not guaranteeable (philosophically)?


Can’t figure out how on Damus


Doesn’t it track with the origin of reusable proof of work as a digital postage stamp?


You sir need oxyclean https://image.nostr.build/e694b90581459dff770bf896fd9333365f42db86a3446b08f648ad66e2d86373.gif


It’s my base case that they are spooks

I just use them to avoid corporate surveillance and such


Sounds awesome!

I don’t know what software to use but I have family in architecture so I always take these questions to them. Maybe there’s a local architect who has an idea of how to get started? They definitely won’t charge you for a conversation! (Unlike lawyers and doctors, who I ALSO have in the family lol)


Plans for a house or something?


The pandemic really was wild

Almost overnight we made it legal and easy to order alcohol (DoorDash etc), pay a prostitute (OF), and gamble (draft kings) all from your fucking pocket

Major Babylon vibes


Got it

So the mint can technically mint and burn at will, it’s just that the Cashu implementation does this with LN sends and receives

I’m assuming it’s similar with fedimint but also including on-chain?

So from a very literal standpoint the ecash is an IOU from the mint, and while in practice this redemption is meant to be automatic and programmable, this functionality can be broken (by for example a bad actor or just code bugs, etc)

I say this to distinguish it from LN which has a redeem-ability that generally speaking can’t really be broken (it’s MUCH more trust-minimized)


This makes me sad

Imagine finding someone you relate to extremely well on an interpersonal level

And then dumping them because of what the TV has to say about another person you two have never and will never meet


Fedimints can hold encrypted backups of keys for whitelisted users though, right? Thinking of grandma losing her phone and me needing to help her get her money back


Interesting

What happens to the balance in the mint when you swap? How does the mint claim the balance it held with the LN node? Does it forward to the new LN node?


But do LSPs really want to hold small amounts from thousands of different issuers? Seems more likely the mint will have at least a Phoenix style channel (or a few with different LSPs).

Running the mint as a non-profit as has been suggested for legal reasons would mean it might be necessary to pool channel open/close fees from all cash holders. Would that even be possible? Would people agree to that? Could that be automated?


Question for the ecash bros (as someone who will want to run my community fedimint in the future)

Cash is obviously cash, and anyone can hold it with the mint, but is it possible to whitelist users to an encrypted backup of their coins? Thinking usability with less technical family members

And then what about backups of the whole mint? I read someone mentioning geographic redundancy. But what about Lightning? I’ve been frustrated by the simple issue Lightning has of force closing channels when restoring a backup. If I’m the bank for my people, I need 24/7 uptime. Will we just be plugging into an LSP for swaps, without actually maintaining our own channels? This actually sounds nice because it allows competition from LSPs on a per-transaction basis. 🤔


Community-issued cash is the holy grail


WHEN BITCOIN HITS ONE MILLION I WON’T TELL ANYONE HOW MUCH OF IT I HAVE BUT THERE WILL BE SIGNS https://v.nostr.build/7zG2.mp4


Additionally, non-custodial and easy enough to explain the mechanics

Only wallet solution that really makes a good lightning and on-chain single balance


Just responding to your simp army because they keep blowing up my notifications, feel free to call them off


Oh you’re arguing with somebody else nevermind


I did not tag slutstr dipshit. You’ve all been literally making shit up from the jump


I’ve also met plenty of women who wear those shirts, take those pictures, and post them on the internet

I’ve just never seen those women insist they are actually like the woman I knew once 😂


I knew a woman once who actually got breast reduction surgery for back pain

She never wore a shirt like that

Never took pictures like that

Never posted pictures like that on the internet

🤷♂


Al-Qaeda means “the database” as in the database of mujahadeen fighters the CIA compiled in the 1980s because that’s what it actually was

Satoshi Nakamoto means “central intelligence” because…?


That might be true if words didn’t actually mean anything


Only on-chain fee x2 for on-chain moves in and out

0.4% for every lightning routed


Is this the circular economy? 🧐 https://image.nostr.build/42d8f0320b879fa8b04f9789ab8ac4b43d77e3caea86bee24777dc9b40b8a1a6.jpg


Pictured: non technical conversations

nostr:note14mdwzslftehcy3h5rettdnsg5efk0nk59yvqahsxrn3vj2ukez0qgq5a4r


We were all supposed to be rich by now


Posts like this have me convinced that no one actually read my post 😂


Not before she can get the simps to brigade me and zap her 😂


didn’t even bother to read the thread and just started opining on her boobs, but ITA🤦♂


What “insult”? You people are making things up it’s crazy town 😂


I’ll leave the OG thread to the white knights https://image.nostr.build/42d8f0320b879fa8b04f9789ab8ac4b43d77e3caea86bee24777dc9b40b8a1a6.jpg


Struggling to comprehend what a massive self-own this is 😂 https://image.nostr.build/42d8f0320b879fa8b04f9789ab8ac4b43d77e3caea86bee24777dc9b40b8a1a6.jpg  nostr:note12tepdllzqauuxk6qcll05sewrgvkrlkrm96nmea39wl2ewz2x72qenpnl7


For some of us, simpin’ ain’t easy 🤷♂


Guys it wasn’t the 3 booby pic post that I responded to, it was the silly “I wish my boobs were smaller” comment that came after


A lot of back pain


1. Sexual (showing boobs)
2. Indiscriminate (to everybody) https://image.nostr.build/a1c0621958fb786e3a1650bde07d0011054e3be2f1959e5b51b8e883ca7d933d.jpg  nostr:note12tepdllzqauuxk6qcll05sewrgvkrlkrm96nmea39wl2ewz2x72qenpnl7


There was no denigration, just an accurate timeline of events and then an accurate analogy


I was on the fence about it when she was begging for rent money, but I think the simp flame war is probably the last straw yeah


You told me to celebrate. How could you dare celebrate her pain, you monster?


Be sure to zap this poor frog to get her help for her back pain nostr:note168yk2frgu2qtppfer0sg6jm4xcmj382pw8htuequvqn5ard498gstewedh


She made it clear, she doesn’t want us to celebrate, she’s got back pain! those pictures are of the enormous struggle she faces every day nostr:note1p04tf6hvd9vg9rvmyww5nvznd9fcwje3qseg7a79qljs7dhkfk6qj3k8v4


From the current state of my notifications, I think it’s quite clear that I am lol


I’m not being negative. It’s just strange behavior.

It’s like if someone posted a picture of themselves and their 5 kids and was like “I wish I only had 2”… No one’s making you show off all 5 lol


I’ve never posted something online and then gotten angry at people for commenting on the exact thing I posted


Which part of the analogy am I wrong about?


I do but fortunately I can afford to buy her a whole shirt


She’s not going to sleep with you dude


Nah I just thought the second one was a little less direct, a little more amusing to me, and you can’t edit or delete on Nostr, so you got two takes


You get them here because it’s a free speech platform and also soft core porn popping up among dank memes is a little jarring


*goes to nice restaurant*
*takes picture of huge steak*
*posts on internet*
*wonders why everyone assumes she’s not a vegan* nostr:note1x9nwglkqrzcye485jgkhy7srft0mpymsp08uf8u7c4xlu5xkv6hsc04y5d


Intentionally puts on a low cut shirt

Intentionally takes 3 pictures with a wide angle lens that exaggerates chest size

Intentionally posts these pictures publicly on the internet

Insists that showing off her enormous boobs was not her intent 🙄 nostr:note1x9nwglkqrzcye485jgkhy7srft0mpymsp08uf8u7c4xlu5xkv6hsc04y5d


As this applies to movies, I’ve been calling it “monetized word-of-mouth”

Imagine every movie reviewer having a referral link (without any of the headache of account creation) nostr:note1hv3qa85j7a7mvxjq7ylcrpk6l038za8rluqntdcvqm8ukujt6u3snjh32e


I stopped trying to get people to see the fiction of staged events right after an actor slapped an actor on stage on TV in front of an audience full of actors right before winning an award for being the best actor in the entire world in the previous year for playing a character who has anger issues, and then he gave a speech saying “sometimes life imitates art”

And normies thought it was real because “he seemed really mad”

That’s when I realized these fucking idiots deserve all the lies they are told 😂


No they host it looks like. But it’s a start


FINALLY


Character is most important

A compelling character can be placed in any setting or plot and the audience will care

But if the character is not compelling, nothing else can be


The day I stop talking about people being spooks is the day that I accepted a bribe to stop talking about people being spooks 😂


Well the only guy that has ever been called the High Priest is the spookiest of all 😂 (Keiser)


Cashu?


Yes sorry elliptic curve would be the rug

I’m not extremely technical but I read a good piece on what the emergence of quantum would *actually* look like

Does seem like we ought to move to schnorr signatures sooner rather than later though


That’s not the only suspect about that company

Vendor financed with DuPont money

Went public

Offices all over the world

What product do they sell? Just one, please lol


It’s complicated

Spies don’t openly run systems, they infiltrate all systems and operate from within

The CIA isn’t even technically supposed to operate domestically (LOL if you believe that)

A CBDC would leave them more visible to others than they want to be

By way of example: Edward Snowden is CIA. He exposed the NSA probably because there was an interagency squabble where the NSA was tracking everything CIA agents were doing and they didn’t like it lol. And also the NSA probably wasn’t sharing with CIA like they wanted. So some good old fashioned HUMINT went in and exposed the most sophisticated SIGINT operation in human history


Exactly, you get it

They’re at least sitting on Saylor’s coins tho https://image.nostr.build/6c9b42e11dbf66bb9653d10791406229beeee7589adb74c71892e5793efefc5e.jpg


Bitcoin is money for enemies. I do think it’s a one of a kind discovery that actually aligns incentives among all participants. Although, the ordinals question that started this conversation is a challenge to that notion

And there is always the potential of a rug pull somehow if the CIA really did invent and front run as satoshi, or gains early access to the ability to crack sha256

But all of this has to be weighed against… what’s the alternative? A CBDC? Pass


They invent the character of Charles Manson and swiftly end the hippie era with a fake set of satanic murders starring an actress who was in satanic movies who was at the house of a director who directed satanic movies… LOL my friends LOL


All of the above

The CIA has overthrown governments in at least 1/3 of the countries on earth

They assassinate people all the time

They run the world’s drug trade

They assassinate people like Gary Webb who expose how they run the world’s drug trade

They make movies in Hollywood about how they control the world’s drug trade (American Made)

They invent global terrorism to fill the void of the Soviet Union as public enemy number one

They invent the character of Osama Bin Laden and use it to drive decades of war

They false flag start wars like Vietnam

They drug and brainwash Manchurian candidate assassins through MKUltra

They shoot some Kennedys and frame some Nixons

And they make so many damn movies about all of it lol


I think they want cash that they can use anonymously while they surveil everyone else

Again, just like Tor or Signal. I think those are astroturf privacy

Monero might be too good

Also, they need mass adoption. Monero is too private to get mass adoption by institutions

Is this making sense?


I think the key is separating the bankers & bureaucrats who operate in the light from the spooks who operate in the shadows

Sure there is overlap but there are elites in both camps and it’s the latter group I think NEED Bitcoin to succeed to keep their racket going


The spooks need anonymous cash

They’ve been doing business with briefcases full of cash and gold for decades, they cannot use a CBDC, no way

It’s like Tor. Naval intelligence built Tor. They have to encourage others to use it so that it’s not only spies using it. Same concept.

(Probably should have led with this reasoning)


Exactly! You’re getting it. It’s not a black or white pill. It’s very much a shades of grey pill 😂


Jokes aside, I came to this conclusion some time ago and decided that, in the real world, there’s going to be SOME intelligence operation on my side if my side is worth being on


It’s not entirely their fault, the CIA ran modern art as a psyop (through front MOMA)


The CIA answers, not to the government, but the “regime” (the term they use for “deep state” in all of their academic journal publications that I’ve read)

The “regime” has been anticipating the geopolitical fallout of a collapsed dollar for decades and has been positioning itself to be victorious with Bitcoin


Because the CIA holds a lot of Bitcoin through its front companies Microstrategy as well as its pet projects The Silk Road and Tether (banked by CIA front company Cantor Fitzgerald)

And they definitely made up Ross Ulbricht and probably made up Satoshi Nakamoto

And because they’ve been gaming out the end of the petrodollar for decades

Just watch who goes on CNBC, that’s the spooky crowd


Books like The Devil’s Chessboard, CHAOS

The New Pearl Harbor documentary

https://youtu.be/OCzy9i4tIHU?si=4neaC3KauPW-qIWh


I don’t think you know what the CIA actually is


Udi and the gang are all Mossad

Saylor, Tether, Keiser, Foss, Lavish are all CIA (Five Eyes, check out Cantor Fitzgerald)


It is inevitable, sure, and it’s inevitably a predator


Yes it’s a state level attack by Mossad. The orange pill movement, by contrast, is funded heavily by the CIA, who are trying more sneakily to put dollars on Lightning and Liquid, etc

This is the battle for the future of money, you don’t think we were getting there without the big dogs fighting do you?

But seriously in the end they’re just vandalizing the timechain in its early days when demand is low. If this can destroy Bitcoin then Bitcoin was never anti-fragile to begin with


Every government is predatory. It’s the nature of the beast


I take back “retarded” but do think it all the way through, brother


The government IS the predator though

Look at how the East German officials used to justify the Berlin Wall

It was unfair when the Soviet Union had paid to educate its citizens for them to take their educations elsewhere

In other words… we own you


Nah bro, it’s just $ duh not the perfect balance of macronutrients, not the heavy dose of vitamin D, nah just commercialism from… small and local dairy farmers… we really should be drinking the pea milk made by the big corporations if we’re concerned about the crass incentives of $


To be fair, Milei is selling off public assets to Wall Street. If it quacks like faux populism…


Bro this is a retarded take

The extreme amounts of lending for student loans are BECAUSE they are not a free market. They’re backed by the government. That’s not a free market.

If the government didn’t back them, 18 year olds wouldn’t be able to get them any more than they can get business loans, mortgages, or credit cards.

Government intervention CREATED this problem


so cucked it hurts to see it


Can we really consider them “sent” if they’ve yet to be redeemed? The double spend is the real risk isn’t it?


Metaphor is good but Titanic is a massive psyop


3% of available supply is pulled off the market and the price goes down?

I smell a rat


All the while getting to just say “Weapons of Mass Destruction” to justify any invasion of any country they want

It’s honestly brilliant


Marc Andressen had nothing to do with Galen Winsor giving his lecture and it would be surprising if he was secretly behind Death Object but it wouldn’t undermine any of the claims

The myth of nuclear weapons is a hoax perpetrated by the Rockefellers to protect their global oil cartel from competition

Listen to Galen - they got the laws written such that THEY get to refine and stockpile all the nuclear material for nearly a century. Then they just need to come out with a “new safe breakthrough” and they will have transitioned from oil monopoly to uranium monopoly without losing power (pun intended)


Galen didn’t do anything with nuclear weapons. His work is with nuclear energy. This lecture is about how the public has been lied to about nuclear material and radiation by “industry” so that they can write all their own rules about it.

If you read Death Object, the argument is that the public has been lied to about the weapons potential about this technology for the exact same reason.

Means + motive + opportunity

Means = the Rockefellers were the richest family in America, and had bought up a lot of academia, including founding the University of Chicago for example, and they had mobilized war time spending to boot

Motive = prevent nuclear energy from impacting the profits from their global cartel on petroleum

Opportunity = during wartime, they could pull off the spending, the propaganda, everything, with impunity

The Atomic Secrecy Act of 1946 made it so that, if I had smoking gun proof that nuclear weapons don’t work, if I had the math in my hand, it would be a classified government secret from the moment it was written down. Anyone could be arrested without trial for even studying through math and physics the possibility that nukes are a hoax.


No the earth is not flat. That’s a NASA psyop to get people like yourself to just ask me if I’m a “flat-earther” when I bring you evidence that NASA is a fraud. It’s clearly working 🙄

Yes. Hiroshima and Nagasaki were fire-bombed like hundreds of other Japanese and German cities, but they were reported as these special new super bombs in the uncontested wartime press to a credulous public, probably to stop Soviet advancement on the Japanese (they had just declared war, and splitting up Europe was annoying enough, can you imagine a partitioned Japan?)

Watch the nuclear test videos they made at Lookout Mountain. They are laughable.


I thought it was too but these two pieces turned me fully around and they add up to the whitest of white pills


This book

https://libgen.is/book/index.php?md5=A703DF9D906A1A1E65D6B0BBC9503CA4

And this lecture

https://youtu.be/Y9CrhZpFpZk?si=EsBrws1mzie019rj


I just watched this movie for the first time the other day. It’s great.


Nuclear weapons are fake DYOR


Never thought I’d hear sense like that coming out of that man’s mouth


What have been the total inflows? That grayscale exodus is messing with the numbers


Yes but you screen at home on your computer. Like Iscreeningroom.com


Classic “not today, Satan” formation on the 1D chart https://image.nostr.build/9370570ce874d332f1e8736363aa529083d81eb3633f1d4f5743a0a600fa06e9.jpg


Money is only for buying coffee and nothing else that’s the only test


The only possible counter to this is that the market really is as manipulated by whales as the detractors say… but even if it is, those whales want NGU so their manipulation would be toward that end

Very, very hard to make a bear case these days


My thinking is it would be a way to get feedback without putting your work through the algorithms and having that distort the message (I see this all the time)


You keep bringing pure signal bruh


Here’s a description. Let me know if you have any thoughts

nostr:note1x02hjdscheplsajuhcxc23ygd3e9nltytgrq9rly5smezgxmk43sk38jmh


I want to build a system that lets filmmakers test screen their films. Would involve a video screening, followed by a survey with a captcha (need to make sure it’s a legit survey) and then a Lightning payout

On the other side, users can get paid to watch movies and fill out surveys

Thoughts?


Any developers interested in a paid project built on Nostr? I have a use case that extends beyond my capabilities


Seems to me the last cycle was muted by cash & carry and the widowmaker trade with GBTC. The bubble popped early and the fallout was deeper than it otherwise might have been. This was essentially the Bitcoin cycle crashing up against the great regulatory wall.

With that wall effectively removed by ETF approval, I’d suspect the next cycle that the opposite will happen - the high watermark will be higher than expected, and the bear market low will be as well.

That said, if the ETF is adopted by disciplined allocators, then we could see responsible rebalancing into the bull (selling) and bear (buying) that smooths the whole price discovery process out.

That would be ideal because instead of a god candle (and corresponding pullback/chaos) we would just have a nice steady NGU.


You cannot make this shit up


New ETF commercial just dropped

https://youtu.be/aWhXF-Uc5sY?si=Lbq5eotn-MLJjfj3


They just haven’t released their product yet, they’ll be there by EOY


https://image.nostr.build/3e2fce852803c1fda27c239cf07df07d2903ee9f551d8f70244fd58962856bb7.jpg  nostr:note1e4dm40kn3u5lqapthfy2rusa5h4an68q505cdhekcjppfrd8d7xq4k6dqn


CIA got his back


It’s been two weeks unfortunately. Limited options to pursue justice, I know. But I can put all the right people on notice.


That’s 6% inflation average across those years which is MUCH higher than official CPI


Thanks brother. Thanks for listening. People are shitty.


I’m weighing my options. The goal is keeping other people safe in the future without making a dangerous enemy in the present.


The confirmation I got was tonight I saw those two other people for the first time since and they told me their stories.

Fucking creeps out there, man


What I know for sure: me and two other people blacked out after one specific shot. We all went home within the hour, and all of us felt fine the next day (not hungover). One of the other two was walked home by an off-duty bartender at the bar who had sex with her. She was half my size, so must have had twice the dose per pound, and from what my wife tells me about my behavior when I got home, there’s zero chance this guy didn’t know she was messed up. I also know who poured the drink for us (a different bartender).

What I assume: these two bartenders were in on it together, and brought a spiked bottle of Rumplemintz to work, meaning the cameras will show nothing (they’re not stupid).

I think I was just collateral damage. But I did have $40 in my wallet that disappeared sometime during my black out. 🤷♂


Just got confirmation that I fid get drugged at the bar on NYE. People are fucking nasty. Stay safe out there, frens.


I would only recommend a mortgage because they can be obtained at preposterous durations (30 years) so that equity can outpace the interest as Bitcoin

You could consider unsecured only if you’re willing to potentially default and wreck your credit score (because you already have a mortgage and won’t be borrowing again) and pay 40-50 cents on the dollar to keep from getting sued

In all, I wouldn’t risk it. Better to stay humble, stack sats, and produce more than you consume for as long as possible


nostr:npub1key55ax33gkl50uqemvl4khrtqrhzm7wzpc7fhseutt5ddkcwcrqgxlt3h needs these, someone tell nostr:npub1aeh2zw4elewy5682lxc6xnlqzjnxksq303gwu2npfaxd49vmde6qcq4nwx


The orange pillers are parrots of Keiser, Foss, and Saylor who are all spooks

The orange pill movement is astroturf Five Eyes stuff

Notice the French, for example, don’t seem to give a fuck about Bitcoin. But every anglosphere country has at least one prominent bitcoin-only podcaster


Skiplagged


NGL a single mom has got to be the absolute worst thing to be


That’s a lot of microphones


https://music.apple.com/us/album/my-girls-pussy/518324579?i=518324585

Wish we could zap back in time to give Harry his due… https://image.nostr.build/eb699e93ba612e8c04c3ec4f41db2ac292ac4c2905630750c21a436caa505e3c.jpg


Definitely an outlier intelligence for a lady


Orange pillers gonna need a source


The free money wasn’t free? They were the yield?


I have a mini app I could pay to build.

Would be a simple survey platform.

Watch a video and then answer questions about it

Submit a Lightning address or npub and get paid sats for participating

Would need human/manual review of the submission form to verify it’s legit and not spam before disbursing funds. Probably needs a captcha too for good measure

Anyone able to build this? What would a fair bounty be? Can be totally open source of course, I just want such a thing to exist so I can use it!


The protest itself was a staged hoax

I personally know an actor who was paid to be there to play a Trump supporter


When you hear that a “journalist” was jailed or killed in a foreign country it’s because they were actuslly a spy

This one simple realization can help demystify a lot of news you read


In my head, Bitcoin is the optimal reserve asset (store of value money), and every thing else, from LN to ETFs to XMR to fiat, is a L2 scaling solution with different trade-offs.


Reuters and five eyes intelligence are the same thing

Look into the “founder’s share” and who controls it


The boomers bought it when the discount was big, and it closed when converted to ETF. They think they are getting a free 10% but in the long run they’ll regret it


It wasn’t the FBI putting that there, it was the studios. They were desperate to keep people from pirating their movies in that format.

If you think this is bad, look at the time they made a number illegal 😂


Iykyk https://image.nostr.build/1235c8643b0e81c82962eda1b38a9a01685ee8f7f049495a9145866fafee6e38.jpg


A logo? Guys there’s really no nee— nostr:note132de3gfngr4c7sf4hd4ss850hd3kndz546hzy8aurv3qmy5x0rlqfl6je5


🍊 BITCOIN ART GIVEAWAY 🍊

Tag two friends, Repost, and FOLLOW nostr:npub1mfndvgwstwm604jvrt07p6nyy898mdsdzzyumx9sdn8u6r4za4uqck6f8v & nostr:npub1qrdghhevjhszzdx74whtnkudwdmler9wlnsz96xrkmtqjhpk72ts44wmc5

For a chance to win a black & gold Guy Satoshi Daiji Printed Circuit Board ⚡ https://v.nostr.build/YzrG.mp4 https://i.nostr.build/w6xJ.jpg https://i.nostr.build/3Wql.jpg


Pretty sweet! nostr:npub10chlkc62tk7yr5m9qjc2u7rs3ufhhrq8yukeey0c5lysqkp2gumq93mnex nostr:npub1jw63d0ykym7rpd3n6cme7p3rghc77se3ql8drg78p55c5xe3npdscrh29m


Most importantly… do not have any of the skills necessary to manage it


Don’t forget seaweed! (carrageenan)


Boomers finally closed the GBTC gap and thought “I gotta take profits”


The boomers are all selling their GBTC that Vanguard will let them sell but not buy

That’s how you get this “sell the news” effect

It’s obvious in retrospect. Some short term pain ahead.


Could it be that:

- race is highly correlated with IQ and criminality

- Able-bodied people are more capable of doing physical things

- heterosexuals have more predictable sexual behaviors

- cisgender people require less friction to interface with socially without anyone being offended

- males are on average more capable of doing physical things

- Christians have more predictable public behaviors because of their sworn code of ethics

- middle class and “owning class” people are more law abiding

- middle-aged people have more life experience than young people and more physical and cognitive function than old ones

- English-speaking people are the majority and thus are easiest to understand

Across this whole list, the people listed are more capable of doing things and/or more predictable to interact with… could it be that lower social transaction costs encourages more social transactions with them?

No way, that’s crazy


Great read. 25 years later and we’re close to ecash reality nostr:note1tj7cc3d5euz3ruth4uftx7kwdcrhaw9jkmwy0fqaa7x94u26fu6qwqen6y


How far is the airport?

I’m gonna say, yes


Muun’s fundamentally flawed design - does a lot of interacting with the chain

Phoenix is the thing you’re most looking for tbh definitely give it a try


I would say if we do we can’t trust the pedos to tell us about it and the bigger problem we have is the pedos themselves


Cannot stop playing this 😅


Yo I guess not though https://image.nostr.build/6e42613ec9d6ebedfe7dc8f626abbc434df7aaed7d6bd6c56c38f164f68ecd6e.jpg


100%

The flip side though is that running into an old friend can rekindle old memories that you had forgotten

And it’s also a white pill to realize it’s a choice how we choose to remember the past (to a certain extent) so we get to write our own story


I did not know that 🤔


Are you on an iPhone? Open in the browser and Use “save to Home Screen”


Music makes all the difference #Tunes

https://video.nostr.build/7eec6ed98b21662f2f3196900bfcaac586083d4665b19593bb071c5ccc5a9c80.mp4


Alby for zaps
Phoenix for checking account amounts


90% of what went through my mind during that interview


The people who can and do move bitcoin markets wanted day one to be a nothing burger so the SEC wouldn’t regret allowing this, so they manipulated markets to be flat

If you can’t see that after all this time I can’t help you


Let’s see what happens over the weekend while Bitcoin trades and the market is closed


Stability brings attention
Attention brings pump
Pump brings dump
Dump brings stability


They’re fighting each other muahaha


Institutions will sell half after a 50% run up to keep their allocation intact

Same on the downside

Volatility is going away


The whole week it took me to move my funds away from this cult nostr:note1t3hn0uzs0lesukyzvxyqcjhl4qffekyxj7g9eeenplxg24nsjz3sdwp9f9


“Fidelity” means faithfulness

And this is Fidelity’s logo

What do we think they are faithful to exactly? https://image.nostr.build/823beabca945dddc6e80616a1bebcde34310842aacd6c7b679ed7d4911574d42.png https://image.nostr.build/463f0077517d69b68287ba3aea151653f631a8435374fde423781116bd48807d.jpg https://image.nostr.build/e9bf7f9611ec97279c902a3bd14235eeff45e9f29d19cd8d02a29c0558f98e9e.png https://image.nostr.build/1344b376e8433920322216737d0110c954fe8ee59885035311027a2972409b01.jpg


It’s only money for sex and drugs and it’s also not money


Bitcoin ETF trading day 1

https://video.nostr.build/b782922b2baefc420ea3498fb5944a5e49899f01ae08221f623810bb3851d58e.mp4


Trump was 45 (4+5=9) and he will be 47 (4+7=11) because the Illuminati LOVE their numbers


VANGUARD IS LETTING CUSTOMERS SELL GBTC BUT NOT BUY IT

KNEW THIS WOULD HAPPEN BUT NEVER DREAMED IT WOULD HAPPEN DAY 1

https://bitcoinmagazine.com/business/vanguard-reportedly-restricts-customer-access-to-spot-bitcoin-etfs nostr:note16kqs2u6t0875007xztkm5lvff0an4pjz9t5xv8jret5043jpcwksfc9mku


I FUCKING CALLED IT

DAY 1 AND VANGUARD DISABLED THE BUY BUTTON

https://bitcoinmagazine.com/business/vanguard-reportedly-restricts-customer-access-to-spot-bitcoin-etfs


It’s cheaper and more convenient to buy Blackrock’s ETF than on Coinbase. It’s cheaper and more convenient to buy on Coinbase than to mine.

Convenience and cost.

Not saying I’m personally comfortable with those reasons myself, just saying - they are reasons.


Is this a five of eight multisig federation?


🤝🤝

And that’s not even considering things like puerperal fever and bloodletting

Science has affected medicine but medicine is not inherently scientific


That’s gonna piss a lot of people off

What broker?


I’ve encounter this they/them before… never a truer case of HFSP


You can read the prospectus. They rebalance on trading days (lol we’ll see how that goes)


Smooth out volatility AND make me rich


If these ETFs manage to smooth out volatility while also bringing Bitcoin the masses… https://image.nostr.build/8188328d4e580726a8546a38fc6178a6ba1bf8aa0f790e79e30f1c959225e55d.gif


Have you looked into the myth of HIV/AIDS? That lie has persisted for 40 years.

I’m just saying that profession harbors several incredibly epic lies and delusions and can’t see the truth that’s right in front of them and has for centuries.


Nice try Fed!

(Lol jk)


Yes. And my career was processing payroll. I was the one taking the taxes out of those paychecks for everyone.

When I realized that the system relied on me to do this or it couldn’t function, I immediately wanted to stop doing it.


Remind me how complex Bitcoin is? nostr:note1we9dhsnf09c4uadk9tah0ftj5rqaaqzlcjrcha5887v2drz6xpqqcce4du


I’m with you. I just reflexively thought the cost would be just as stupid as the custodian risk. Turns out the cost isn’t really a drawback, surprisingly.


Ok I’m not 100% sure it will apply to the Bitcoin ETF but we’ll see what happens

This is going to be like GME but so much better


Yo… what if the Bitcoin ETF triggers the Limit Up-Limit Down Circuit Breaker?

Also, what if the circuit breaker only makes matters worse since it can’t stop the actual Bitcoin market from trading?

This could totally happen at some point (if not tomorrow)…


Wait until the plunge protection team gets called in to stop a Bitcoin market crash 😂


Yeah I hadn’t even factored in a hardware wallet. If you spend $250 on 1% fees and $250 on a hardware wallet that’s 10 years of ETF fees on $25,000.

The bottom line is - Wall Street has actually created an L2 UTXO sharing solution that has a competitive cost. Third party custodian risk is of course introduced, but, as we learned with the recent fee environment, the vast majority of people will not escape having some form of custodian in the hyperbitcoinized world.


I don’t know… if they can shrug off the all-cause mortality that the insurers noticed, I think they can ignore anything.


How stuck we talkin’ ?


0.20% is not an arbitrary number

That’s 1% after 5 years, which is how much you’d spend buying and selling bitcoin on an exchange (0.5% trade fees on both buy and sell). And 5 years is the assumed hodl threshold to be in profit.

In fact, it will be cheaper to trade Bitcoin ETFs than actual spot Bitcoin for regular people.

The only reason to buy actual Bitcoin now is counterparty risk. And good luck getting the people who have ignored it for 15 years to suddenly understand it now.

They will have to get rekt just like the many newbs before them to learn the lesson.


That’s the neat part… you shouldn’t buy any of them


I do hate those lips on every woman I see them on


Hot take: there will never be a Spot Ethereum ETF.


Listening to these ETF bros on Natalie and Pomp’s podcasts fail to distinguish between Bitcoin and Ethereum makes me so incredibly bullish


We talking about Cathy Wood?


When the ETF issuers rug people the price will go up even higher. We have never seen the world’s vultures fight over a mathematically scarce asset.

The war has begun.


If you think everyone needs to understand how bitcoin works to adopt it, just ask your neighbor how the dollar works. The dollar they exchange their entire life for. I’ll wait.


I don’t think the CIA is fighting for ETH legitimization so I don’t think this will happen


No they won’t. They will see people smarter than them who know more than them holding bitcoin and not freaking out about hyperinflation

They won’t understand but they will monkey see monkey do


I don’t think you guys realize

We don’t need to orange pill anyone else from here on out

Spreading the gospel was necessary for the early adopters

But the mainstream has no idea how the dollar works and will never understand how bitcoin works

And it doesn’t matter

They will adopt it out of simple self preservation


Most people won’t… knowledge and understanding was a hurdle to early adoption, but not to mass adoption


That’s why he got flustered, he hasn’t taken the time to understand and argue a point


We are so early


What’s his problem exactly?


This just in: freedom money used for freedom purposes https://image.nostr.build/996c38bcb8136a3fb0ce10d6e5bf0a2bec3f265c7091096a1416f2555fc7d1f6.jpg


They will disable the buy button like they did with GME.

Problem solved.


The comments… they think it’s a “crypto” meme 😂


It’s 🔥


Vibes rn https://youtu.be/0i8VM_EooCs?si=m1lvq0PB1LuC9VI_


I switched some time ago and have not regretted it for a second


Give Gensler a polygraph I say https://image.nostr.build/110ac1076b8529766cca54353878a757a837bdac32fc9e2f66285db45f47624c.jpg


Damned magnanimous of you after the shit he pulled


No I can tell you exactly what it will be like

You will have a really, really nice house on the water

A boat

Nice cars

And your old friends will be a little embarrassed to visit you

Relatives, especially, are going to be so bitter and jealous

Because money just isn’t a burden for you and your kids

They’ll be most jealous of how care-free you all seem to be

I know this because I know a guy who owns 90s Apple Stock


1 trillion valuation is $52k, only $5k from here. They’re estimating $4bil in demand tomorrow alone. That’s 5% of supply on exchange


2024 prediction: Mandibles but the bars of gold are opendimes nostr:npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx


Oh boy


The network will be valued at a trillion by the end of the month brother


I’ll never forget in German class in high school, on the first day, the teacher went around asking each person “wie heißt du?” (“What is your name?”

A friend of mine, Mark, a total class clown, looked at her when she asked him and said “Gesundheit!” And the whole class laughed.

It was a funny joke - he was signaling in a self-deprecating and ironic way that he hadn’t understood the question (even though he actually did).

It worked because everyone else in the class was on Day 1 of understanding and being comfortable with spoken German themselves.

I remember he tried the same thing again at some point a number of classes later.

And he got silence from the class.

Why? Well, he was rehashing an old joke, sure. But this was a really painful silence, because the class had begun to understand and be comfortable with spoken German.

He was no longer speaking for all of them by making fun of himself for not understanding. He was just being left behind.

I say all of this because… we have reached that moment with Bitcoin.

The recent joke about Bitcoin in They Cloned Tyrone on Netflix felt to me like the day Mark bombed in German class.

The tides have turned.

It will be hard for anyone to explain what’s so funny about hyperinflation and the tool people need to use to escape it.


Everybody remind the people who kept saying “the government is going to ban it” that they are FUCKING MORONS


Bitcoin CEO must be pumped to IPO with almost a trillion dollar valuation


Not at all! The ability to set up your own federated bank and issue anonymous ecash that can be instantly wired to any other bank, without getting anyone’s permission, is, I’d argue, Bitcoin fulfilling its potential

If you listen to Nick Szabo, they all agreed chaumian ecash was basically perfect except for the issuer of the asset who could debase the currency.

Bitcoin being an asset without an issuer is it succeeding at what was needed.


Ordinals are an exploit in the code that smuggles in non-transaction data

That said

The fee market is for immutable blockspace

Its scarcity is as much a part of the value prop of bitcoin as the supply cap

L2s work and will be built more robust once the store of value narrative nears completion and means of exchange becomes a bigger deal

Individual sovereignty for all 8 billion is and always will be a pipe dream. Most are simply wired psychologically to follow.


Dumpiest before pumpiest


As someone who lost a small amount of Bitcoin by penalty after broadcasting an old backup of a failed node… I think this is phenomenal nostr:note138020mlktzkqd9hlyfedmzsrdyqzmw2k4gakmwlur5ej9n59gnls5msuq6


That’s not a comparison they want to start making regularly lmao


DRAINAGE!!!


How I feel daily https://image.nostr.build/19032db59a5cdec2f4fd47196b81151b0a97f2c06a382a2801c0f18ee0a25de2.gif


Gensler failing the polygraph when we ask him if the SEC was really hacked https://image.nostr.build/110ac1076b8529766cca54353878a757a837bdac32fc9e2f66285db45f47624c.jpg


I always get my news from The New Snveets


Hahaha I can totally relate to this. I finally made a rule that if you didn’t ask my opinion before you bought the thing, you get no tech support.

Even seeing other people’s screens while they’re using windows makes me want to pick up their machines and throw them


Yeah for sure, it’s still money, it just has inefficiencies that make it not really work for my personal use case. I’d definitely accept it for payment though if someone offered.


I once had an argument with my aunt trying to explain to her that she would eventually cancel her cable for streaming and she said their was absolutely no way

She apologized about 3 years later when she did exactly that

I’m basically undefeated on consumer tech like this and yet my family just continues to argue with me


I remember being one of the few people I knew who had an iPhone in 2010 to everyone I know and their mother having one by 2015


Nostr fixes this https://image.nostr.build/30f4f077bccedb5496df3f7dfad97342d9bd5e70e0028bce13e0f8d95165b8a1.jpg


You think they expect more dumpage?


You shouldn’t, but that’s the technical definition of the “gold standard”


Seeing the same thing


ETFs cannot be sent to the other side of the world, they are permissioned tokens meant to keep capital in the market


Unfortunately the issuer of your country’s currency did though, so you aren’t guaranteed any specie for your paper


That’s true but that’s got nothing to do with why the world abandoned it

China resisted gold over silver the longest in the world (seeing it as a western imposition, ie, a version of total supply doubt) and they suffered heavily in the first half of the 20th century because of it


If you could teleport it, you could arbitrage a local price with a foreign one. That’s essentially why the Bitcoin price is consistent globally


If gold could teleport we might never have abandoned the gold standard.


Agreed, even conservative in-flow math is wild

nostr:note1xjtjfjkgellh3ua5shqmgtkaq0wa77nz3fn6wycuejk7kssysuyqklj0e8


Trading days, and yes they’re supposed to peg for NAV. In theory if one ETF lags its NAV too much it will lose ground to the others.

6102 remains a pretty logical endgame though because the majority of these coins are going to be held at Coinbase


I read a bunch of the Blackrock prospectus. They have a pretty sophisticated plan for keeping fully reserve. But they also have the right to suspend their pricing method unilaterally. It’s going to work perfectly right up until it doesn’t.


1D chart looking like a failed polygraph https://image.nostr.build/02b35cc13431f7fe32b8f78512ea6bac2904d7bb56988c102105c0638e820fb9.jpg


Is Deniz gonna have to choke a bitch??


I’ll tell you what… the last 3 years of being glued to my phone was totally worth experiencing this clusterfuck live


https://image.nostr.build/e4518781e0740a5b614f4c98f9a73ab325d9bbeaadda67a29e21fbee61557425.gif  nostr:note1wgrnvw67hy5uvpwp0auxrl34llk54fdnt7z9x7pkr6xnazamqzcqz5vwwq


BREAKING: Bitcoin not hackable, unlike legacy institution accounts on centralized platforms


CAPS ONLY MODE ENGAGE nostr:note1cr5rr2adg90m3yevcqnwfdxszupymnl0hx33j0dpj8gmqs2llccscumw87


FIFTH GENERATION WARFARE BABYYYYY https://image.nostr.build/30f4f077bccedb5496df3f7dfad97342d9bd5e70e0028bce13e0f8d95165b8a1.jpg


News currently being sold


lol


THE ETFS HAVE BEEN APPROVED BY THE SEC.


Careful what you wish for brother


nostr:npub1ayhdtt89alap5r4qvw2qzp6ccmfsamvz3wz7ncyctj53nzcvxl7qxy8s89 any thoughts?


She’s a bank puppet and the banks and intel go way back

They needed to scare normies off of this until such time as TPTB had fully packed their bags for lift off


But did he really build the place for the CIA controlled drug trade to operate online or did the CIA build the place and concoct this silly story about a college kid (which they have subsequently laundered through multiple Hollywood movies)


Even faker if you ask me. Jstark level fake.


Would love to source that if true

Also though

Doesn’t Jack Mallers go on CNBC all the time? And he’s doing economic diplomacy with foreign countries? Totally normal behavior


Must ignore the trained spook https://image.nostr.build/f110b6cf6137a2e7e9ebabfc7bb605b2f9955593a5dc45b4bcbf7627dc71fbf6.jpg


Even worse. Never seen video of Ross. Only that same damn photo, exact same expression

His visit to Bitcoin Miami was audio only. Couldn’t stop thinking “he sounds like a bad actor”

That talk opened with a highlight reel where a news anchor said “it’s like something out of a Hollywood movie” 🚩🚩🚩

He supposedly ordered hits, but in court it came out that the person he paid faked the hits and took fake photos of the bodies as proof (that’s how spooks work)

And also who is dumb enough to pay traceable bitcoin for drugs? Who controls the drug trade globally? Etc etc it just doesn’t add up


It’s a psyop brother he ain’t real


THANK YOU


But when “mining and logging” is top 3, you fucking do


He’s gotta be WAY doughier than that


Unplug from the fiat matrix. #Bitcoin https://image.nostr.build/79f40ba0d9c1e5d70efa19b8547cb7bf9ef6487073005e025e50ea82634596db.jpg


https://image.nostr.build/ebe3e524c3c8f55e8d7d9474e562974276d29976a6e1739970118209f510356d.jpg
#Bitcoin #Nostr #Plebs


100%. Also good money includes being valued as money by the largest group of people. Higher price means more people value it, making it better money that more people should value


LETS
FUKCING
GOOOOOOOOOO


They didn’t need bread lines, they had stimmy checks.

They didn’t need price controls and quotas, they have “limit X per customer” on Amazon.

They won’t need a bank holiday, they’ll just need to disable the Buy button on these ETFs like they did with GME.


6102 was the result of a run on the Federal Reserve. The cash creates are rule is about preventing such a run before it occurs.

I suspect that ultimately means the ETF price will depeg from the free market price of Bitcoin.

What does that look like? The government just has to require the ETFs disable their buy buttons, like Robinhood did during the GME incident.


Also https://image.nostr.build/82d4fb88b5100f1513cad71a7737945d217ab83b7d40d8e3d0af0173c297c44a.jpg


Serious question: How could it not be up only for 24 months?

Can anyone even articulate the bear case?


That’s only 520,317 sats per lady


Tone Goy is well-known for his monthly “T’is or T’shin’t” column


What’s going on with Tony Goy??


Bros we literally just passed Facebook https://image.nostr.build/fbcf1a02c30923f6c3eac15bcc6278f00fe3dcc84fa6e7a0e939a368d2165704.jpg


Big facts nostr:note1gqzl7ejnlvapfe5h4jal8wef0k0rwd6mzurk606tw4vl7mh54gzs9wzhyd


It was a joke, hence the puking emojis


Everyone intends to spend their bitcoin eventually. That’s the whole point of money.

The only questions to ask are when, how many separate transactions, are you comfortable with an intermediate exchange to another currency, and how much are you willing to pay in taxes and fees.

If your answer to “when” is “never” then you actually mean “I plan to leave this to my kids for them to spend” in which case, all the same questions apply to their eventual spending, as well as to your passing it down to them.


This is true for the store of value use case but not for medium of exchange and unit of account. The ETFs actually introduce obstacles to those use cases. Bitcoin-only companies need to work on building out the open ecosystem of L2 scaling to allow direct, Bitcoin-denominated commerce to flourish


Sorry, these* https://image.nostr.build/dfca597fc299bf02be15bd922d49d2291c6ed6fda0085068967b642140da823d.jpg


Yo I’d pay you €50 to ship a box or two of these to me in the US 😂


Oh it looks very nice in black


That’s no “penisbutter” but Blolackrock has a nice ring to it


I’ve been saying it for years - fuck Lararry Fink and Blolackrock 💪 nostr:note1ydt43jvmn74numjgewhnxl78jay22j9g3len38pnmhyc87gkzs9qlmjtaa


They’re going to be buying and selling every trading day. I don’t know off hand how often they are legally required in their filings to rebalance though. And at least the Blackrock filing allows them to totally suspend their pricing mechanism…

So obviously there’s de-peg risk but that’s not different than any custodian (though better, faster tech for redemption mitigates this risk)

You’re still going to see people dump a poorly tracking ETF for a better tracking one, albeit less rapidly perhaps than bitcoin moves from an insolvent exchange to another (or to self custody).

It’s not a *good* shared custody solution but it’s still a fixed supply underlying asset and market game theory does still apply


Bitcoin ETFs are the equivalent of an expensive service that prints out your emails and delivers them to your physical mailbox (while also reading their contents and forwarding them to the government)


The concept of a Bitcoin ETF is not fundamentally different than the concept of a Bitcoin ecash mint

They just use different technologies under the hood to achieve vastly different scales of efficiency, privacy, and fungibility

In the long run, people will realize that Bitcoin ETFs are like a service that prints out your emails and delivers them to your physical mailbox (while also reading their contents and forwarding them to the government)


Whoa Uncle Jim banking services denominated in USD but handling only Bitcoin? 🤯 Sign me up nostr:note1vyvusmc6cgtjwjuevj5plyyxpt2nlpg2vgsa9ruek2lam2t68pgs23kxp7


Grayscale crazy fo dis one


Don’t discount the possibility that the character was killed and the agent recycled


Only one of these assets does not trade spot on Wall Street… yet. https://image.nostr.build/2a1d40ee19c10d8b3738db4dcbcd8e5d381ccc87904253c508e90cd977ffbfff.jpg


“I may not be a smart man… but I know what scarcity is…”


What did


I think ordinals is an attack meant to FUD self-custody and the medium of exchange narrative right on the eve of the ETFs.


The ETFs are a bet on a RELATIVELY orderly transition away from the dollar.

I think the elites learned from the Germany fiasco that they need to wreck empires more carefully.

They’ve managed to set everyone in America up to escape hyperinflation without escaping capital controls.

It’s honestly rather brilliant.


Doesn’t get better


Well that was fun


If the ETF gets postponed, I agree, it’s fuckery to nab some last minute sats.

It’s not going to get denied outright though


Prediction: there will be a delay in the SEC approval of a few weeks which will cause a price dump so Wall Street can stack a few more sats before blast off.


WHOA nostr:note1cksuf2k9u54lfk9mlsrmfgcrzs85ct48fkytggsdgpslxg9vn6rsm96udr


What’s the recovery process for fedimint funds? iiuc the recovery “key” changes with every spend

I wonder if there’s a way to cloud backup that ever changing key with 12 words encryption that keeps the arrangement between user and mint anonymous and private

I’m sure nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg knows the answer to this


I know but you don’t sound very confident in your thesis


5 sats on this post? Haha


Savage piece nostr:note1tc5vrvwyu4a3cqhph0s6mxw4xm3guzmat8lut45dym3ced4pxq7s8zh96y


Bet


I can’t help it ser

nostr:note174hfqa5fsxdah5cw5530mryekyvlmwtsy60j69ewaks4ht8kn0dsragsry


Imagine a 15 year old company that is about to IPO, but instead of being overhyped like new listings usually are, it’s been deliberately shit on by the majority of Wall Street for years.

This company is a revolutionary open digital network that has a total addressable market of every single human being on earth.

This company physically cannot issue more shares ever, no matter what.

This company’s product (perfect scarcity of its token) is a solution to a problem (infinite terminal inflation of the world’s fiat currencies) that has become very well understood by the public in recent years (cf: the price of eggs).

Does the share price go up or down at launch?


The exchanges hold 1.8mil coins, aka 9% of supply. The price is $44k

In May 2020, the coins on exchange peaked at 3.2 mil coins. The price was $9k

I’m gonna just do napkin math here and suggest that a 50% reduction in coins on exchange causes ~5x price increase.

So let’s say these new ETFs lead to half the coins available being purchased. That’s 900,000 coins. If the price is $220k at the end of that buying, and the buying is evenly weighted, the average price paid will be $132k per coin.

That’s $118.8 billion dollars of new demand.

That’s only 0.4% of the now 30T AUM that can newly access the best performing asset of the decade.

Anecdotally, my friend who worked at Fidelity crunched some numbers from his experience of clients asking about Bitcoin and their age and what sort of AUM those clients represented, and he came up with 1.5% of AUM has already been asking about Bitcoin for the past year.

I say all of this to suggest that Day 1 demand for these ETFs could drive us rapidly towards a new fair value of $220k+ before any FOMO or the halvening supply shock are factored in at all.

I’m starting to suspect that the rest of the 2021 bull run we were all surprised was cut short is going to play out this year (2024) separately and prior to the regularly scheduled 2025 bull run early next year.


LFG https://image.nostr.build/c0b8e988cca12a01015dfa3aee05f7ecdff1ec510e158927bcc56db464fe46e1.jpg


We did go below prior ATH and 200 week MA though

That said, I think the PTB played us all through FTX to get ready for this cycle. I don’t think the model broke because it was flawed or the market had “matured”


I think you’re right. I think the PTB suppressed the last bull run in order to pack their bags for the rocket ship, and got approval for these ETFs just before the halving so they can join us on the moon


Me and the Nostr fam stackin sats and sending notes while the rest of the world is falling apart https://video.nostr.build/e88b98e6371b64f6a291d370a07765d9faa6d567875391d2824a8ebba5f573aa.mp4


Worth it.


There’s bullish and then there’s nostr:npub1yrf6e774ggeylt7e7s784jv9ydawv5c4z5zj4arvvs04q7lkulvqdgkaz3 ‘s nostr feed

Goddamn he’s got me fired up


They openly call them Loony


It’s a weird feeling… sentiment is so neutral but the biggest thing to ever happen to the asset is about to happen - the first true demand shock

And then that will be followed a few months later by another supply shock

The market manipulators were flushed hard in the last cycle and these new custodians are all regulated to be full reserve and compliant

I just can’t make a bearish argument on any time horizon


Poorly aged tweets https://image.nostr.build/ba0f4a7895c24839b8cdbe1cf51e801655f03591f2d09e705d611e905a377c72.jpg


This video once had half a million views on this site alone but they’ve managed to pull that copy down. It keeps getting uploaded by other people all over the internet.

The guy who made it vanished and reappeared on YouTube but I’m basically 100% sure the person claiming to be him now is fake.

This video really, really got to them

https://www.bitchute.com/video/0qCvSYEAGwJW/


I was just thinking this.

Looking at the chart of the last bull run compared to the previous, you have to ask “what happened to the blow off top?”

The answer seemed to be at the time “the market is maturing” but I think you’re right, the real answer is “Wall Street was behind the curtain playing absolute hardball to suppress the price to secure their bags”

This next cycle might feel like two at once because the beach ball is going to be released on Wednesday


If it doesn’t I don’t know what all this bullishness for all these years has been about


It’s a real trip reading people on the internet who celebrate “Ashli Babbit’s” “death”

They not only buy the silliest psyop of maybe all time

They are also legitimately horrible human beings

Being tricked AND exposed

Wild


Gd *I do not consent


I do not consent to


Put this in the books alongside “there is no second best” nostr:note1nkza4pdweed9mfh8heazlcnelr2xle56gk9eesseq0quxujekhcq28pzw3


In a long enough time horizon they will co-opt and turn everything that was damaging into a joke

See also: Direct Energy Weapons on 9/11

See also: Alex Jones forced to pay billions to Sandy Hook families

See also: GermanWings 4U9525

See also: Wooz News reappearing and doing podcasts talking about “Father”

See also: Big Mike on the Ellen Show


Aussie? No fackin way mate


Future grandchild: “Grandpa, why did Bitcoin fail?”

Me: “Well, my child, you see, Bitcoin’s ultimate success required lots of people being responsible for a password and that was just WAY too difficult for the Baby Boomers.”

Future grandchild: “Why didn’t they just ask your generation help them?”

Me: “well, because the Baby Boomers trusted multinational, publicly-traded corporations more than their own children.”

Future grandchild: “Didn’t they realize from all the abundant evidence that multinational, publicly-traded corporations did not have their best interests at heart?”

Me: “Well unless it was reported by news channels owned by the multinational, publicly-traded corporations, the Baby Boomers would never believe it.”

Future grandchild: “Why did the Baby Boomers matter so much any way?”

Me: “They had accumulated a historically extreme amount of society’s capital.”

Future grandchild: “Now, how did they do that?”

Me: “By buying stock in multinational, publicly traded corporations.”


And their biggest weapon is the media disseminated to us by the devices in ours


“Brutal illegality and avarice” is CIA propaganda

If he studied Russia and its history enough to have such a strong opinion of his own, he would have actually developed a nuanced understanding and some empathy for the subject matter, and then that wouldn’t be his opinion.

If that is his opinion, then he is ignorant and small-minded… otherwise it’s not his honest opinion and he’s regurgitating it for… reasons


Goddammit… I knew nothing about him, I thought this was going to be about fatherhood and stoicism, not cultural engineering

Do I just roll my eyes at the bullshit pages or toss this in the trash?


On a long enough time horizon I think yes that’s absolutely correct

Just crazy to crunch numbers and realize the theoretical demand for Bitcoin day 1 outstrips the on-exchange supply by 4-5x


Good god, is nowhere safe from CIA propaganda? https://image.nostr.build/e9bb1874bfd3e7e10fead3025702bde3f15e3d43fd3f035a61f454dfd5d54784.jpg https://image.nostr.build/ce905fd5c9fa5bb983a2e4bddabbb68979de8a62c07309ea3b0d800332ee3090.jpg


Yo noice https://image.nostr.build/aca5d0fefe1468a5a4da879b2d561bdf5fe773e0650d238cc73eb6f41b50b24a.jpg


My guess: The Bitcoin ETFs were finally rushed into existence because Wall Street now fully believes in the 4 year cycle and wasn’t going to be on the sidelines for this one.

The last and final cycle will be the next one, when not owning any Bitcoin is portfolio suicide.


Btw I did actually meet someone on Tucker’s crew in person who said “he’ll say absolutely anything”


Or it’s insidious and dangerous, building a new echo chamber of trust so they can mislead us whenever necessary

They’ll say anything to keep us glued to screens listening to them, so that we’re not listening to anything else or doing our own thinking and self-guided research


This is just wikipedia, brother https://image.nostr.build/57ead53cfdebad8637954093e6235bb9c92f30f6bcea4692b94ec27200c522ee.jpg


Please remember that Tucker’s father was the propaganda minister of the entire country. The odds that he is a genuine freedom fighter are precisely zero.


https://image.nostr.build/d0e216ccdef6e4588b70cc5d0321f624756ea85528b68d2cc30df40a62758692.jpg  nostr:note1cdr9q04dppem0hkjzn482wm88murtx4u9rfr2q5tz9wk8j6y4mrsx6gvum


Right, then it’s a service fee


Taxes spent on an entity that creates a predictable and secure trade environment (both protecting the physical jurisdiction as well as reliably adjudicating property disputes) are arguably value for value but are of course exploitative when levied unfairly (which is basically every time) or there is no method to opt out (also basically every time)

In other words I could maybe conceive of a fair tax in my mind or on paper but in practice I don’t personally know of one that has ever existed


I think the spooks rushed it in to help get dollars onto bitcoin. Hope it wasn’t more nefarious than that.


THE PIZZA PLACE LIED AND THE OLIVE OIL WAS DEFINITELY A BLEND

HEARTBURN AND STOMACHACHE AND SHAME TIL MORNING


Also look at Yamasaki, the architect

And the tenant list

And the interesting pictures: https://911crashtest.org/hollow-towers/


Re: arts the 432hz vs 440hz issue is kind of fascinating

Re: stuff like barefoot shoes, Grounding is an interesting one

Hopefully you’ve been down nukes being totally fake, because to me that’s the whitest of white pills


But you haven’t yet realized that the towers were empty and the “tenants” were all cia front companies


Which ones have you already been down?


Not only will the trads have more kids, but record numbers of them are going to homeschool and have no TV

Obviously the final boss there is social media but there’s still a better chance these kids escape brainwashing into adulthood than ever before


Three years up, one down

Repeat


Yo NGL this just finally drilled it home to me how fucked we are


Baby’s first bear market https://image.nostr.build/ce797229a468e6006e7bc290fe541da4d3b17a9ba4793b6c9d888644d986c693.jpg


Sent to priest friend, grazi