I converted some fiat currency from a securities transaction. If only there were a global, state-independent, genuinely decentralized hard money internet currency that allowed you to receive your funds on the base layer in around 10 minutes and instantly on the second layer, all without any banks involved, instead of waiting 2 days. 🧡
Blocktime: 870 010
v/byte price: 22 sat/vByte
Hash Rate: 863.22 EH/s
Study #bitcoin 🧡 https://image.nostr.build/01706a3bd499169118c7ea1594ae25467775e368638c184b1127154e434b3681.jpg
I am much older. Lessons I would love to have had at ur age: work harder, work for free, dont work for money below ur 30s, no ego, egos f.. up things, network is most important thing, learn new stuff, constantly learn new stuff. First (l)earn. Then remove “l”.
Könnte Deutschland tatsächlich unter einer CBDC enden wie Kuba*? Interessante Diskussion mit dem führenden Dozenten für digitale Zahlungsinfrastruktur auf Linkedin.
*minus dessen Strand 🏝️ , Sonne ☀️ , und Cuba Libre 🍹 🍸
#centralbankdigitalcurrency #überwachung #kontrolle #macht
Opt out. Study #bitcoin 🧡 https://video.nostr.build/45c7d59b40af9c9b0b664f333daf6c32be93c664cfbecc742c9763d05bf1b8aa.mp4
CBDC IS GOOD FOR YOU.
"We decide on something, leave it lying around, and wait and see what happens. If no one kicks up a fuss, because most people don't understand what has been decided, we continue step by step until there is no turning back." Jean-Claude Juncker
Former President of the European Commission
Source: https://www.telegraph.co.uk/news/worldnews/europe/eu/10967168/Jean-Claude-Junckers-most-outrageous-political-quotations.html
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“The central bank can revoke (8) CBDC notes, e. g. as an instrument of monetary control. Revocation of CBDC notes is performed by an authorised entity, the revocation authority, controlled and operated by the central bank.”
“Depending on the amount of personal information they require, wallets may only allow making payments subject to certain restrictions (e. g., amount of money stored, number of payments per day, amount of money per transaction or per day) or without any such restrictions (apart from general restrictions should the central bank see fit to impose them). This approach can give rise to (at least) two types of wallets: Fully anonymous wallets requiring no personal information and facing restrictions and personalised wallets that are completely traceable but do not face restrictions.” BSI, 31 01 2024
https://www.bsi.bund.de/SharedDocs/Downloads/EN/BSI/Publications/TechGuidelines/TR03179/TR03179-1.pdf
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“The central bank will have absolute control on the rules and regulations that we determine... and we have the technology to enforce that.” -Agustín Carstens, General Manager of BIS on CBDC. Agustín Carstens: A Vision For The Future 19/10/2020
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"Integrate with national ID system" CBDC Design by BIS; BIS Papers 14 April 2022 https://www.bis.org/publ/bppdf/bispap123.htm
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"Overview of benefits that some have associated with CBDC, and related factors or requirements"
➥ Requires (i) discontinuation of banknotes (or at least of larger denominations); (ii) CBDC to not take the form of anonymous token money
➥ Allows overcoming the ZLB as negative interest rates can be applied to CBDC
"Tiered CBDC and the financial system"
Ulrich Bindseil Working Paper Series
Jan 2020, ECB https://www.ecb.europa.eu/pub/pdf/scpwps/ecb.wp2351~c8c18bbd60.en.pdf
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“Expiring money, one whose value falls to zero after a specific date, is a potential monetary policy tool . “Programmability,” a technical feature made possible by digitalization, can accelerate decisions to spend it, making it a very effective means for stimulating consumption.” Ahmed Faragallah, Senior Financial Sector Specialist, World Bank
“Expiring money (Part I), NOVEMBER 02, 2022” https://blogs.worldbank.org/allaboutfinance/expiring-money-part-i
#absolute #control #surveillance #centralbankdigitalcurrency #centralbanks #government #china #creditscore
Opt out. Study #bitcoin 🧡 https://video.nostr.build/c68a78584387b80264be78e95608ee08ccc334f50f17140a2e30167f5ef312d8.mp4
Der Bericht vom 9. November 1989 thematisiert die Überzeugung von Genosse Egon Krenz, dass die Wahlen in der Deutschen Demokratischen Republik stets demokratisch waren.
Heute abend 35 Jahre später soll der amtierende Vorsitzende angeblich gegen 10 Uhr eine Erklärung abgeben. Ich bin gespannt, was die Parteigenossen heute ankündigen werden.
Vorwärts immer, rückwärts nimmer! ✊🚩
#ZK #Zentralkommittee #jungsozialisten
Defund the state.
Study #bitcoin 🧡 https://video.nostr.build/440e06e1efbe83aa14e53064999ef7c789e6dd4449c16c055bee9d9888123916.mp4
Long story short. The most effective and secure way for me to gain exposure to Bitcoin is through traditional hard Bitcoin stored in cold storage. Remember, your keys, your Bitcoin.
This week featured an intriguing discussion at 21st Capital about $MSTR and Saylor's approach to monetizing Bitcoin as a strategic asset on the balance sheet. (See picture below, episode link in comments)
Next level #bitcoin consulting with @21stCapital.
🔐 Secure Wallet Management (Self custody with singlesig, multisig, miniscript)
💼 Tailored Financial Consultation
🕰️ Legacy Planning for Your Future
https://21stcapital.com/banksith
#nostr 💜 https://image.nostr.build/732803cd3d5e4ce83e9290646964b8349a63225c266093e3e34f0179977d6f77.jpg
Notes by BankSith | export