@ 472f440f:5669301e

Marty's Bent

https://www.youtube.com/watch?v=p0Sj1sG05VQ

Here's a great presentation from our good friend nostr:nprofile1qyx8wumn8ghj7cnjvghxjmcpp4mhxue69uhkummn9ekx7mqqyz2hj3zg2g3pqwxuhg69zgjhke4pcmjmmdpnndnefqndgqjt8exwj6ee8v7 , President of The Nakamoto Institute titled Hodl for Good. He gave it earlier this year at the BitBlockBoom Conference, and I think it's something everyone reading this should take 25 minutes to watch. Especially if you find yourself wondering whether or not it's a good idea to spend bitcoin at any given point in time. Michael gives an incredible Austrian Economics 101 lesson on the importance of lowering one's time preference and fully understanding the importance of hodling bitcoin. For the uninitiated, it may seem that the hodl meme is nothing more than a call to hoard bitcoins in hopes of getting rich eventually. However, as Michael points out, there's layers to the hodl meme and the good that hodling can bring individuals and the economy overall.

The first thing one needs to do to better understand the hodl meme is to completely flip the framing that is typically thrust on bitcoiners who encourage others to hodl. Instead of ceding that hodling is a greedy or selfish action, remind people that hodling, or better known as saving, is the foundation of capital formation, from which all productive and efficient economic activity stems. Number go up technology is great and it really matters. It matters because it enables anybody leveraging that technology to accumulate capital that can then be allocated toward productive endeavors that bring value to the individual who creates them and the individual who buys them.

When one internalizes this, it enables them to turn to personal praxis and focus on minimizing present consumption while thinking of ways to maximize long-term value creation. Live below your means, stack sats, and use the time that you're buying to think about things that you want in the future. By lowering your time preference and saving in a harder money you will have the luxury of demanding higher quality goods in the future. Another way of saying this is that you will be able to reshape production by voting with your sats. Initially when you hold them off the market by saving them - signaling that the market doesn't have goods worthy of your sats - and ultimately by redeploying them into the market when you find higher quality goods that meet the standards desire.

The first part of this equation is extremely important because it sends a signal to producers that they need to increase the quality of their work. As more and more individuals decide to use bitcoin as their savings technology, the signal gets stronger. And over many cycles we should begin to see low quality cheap goods exit the market in favor of higher quality goods that provide more value and lasts longer and, therefore, make it easier for an individual to depart with their hard-earned and hard-saved sats. This is only but one aspect that Michael tries to imbue throughout his presentation.

The other is the ability to buy yourself leisure time when you lower your time preference and save more than you spend. When your savings hit a critical tipping point that gives you the luxury to sit back and experience true leisure, which Michael explains is not idleness, but the contemplative space to study, create art, refine taste, and to find what "better goods" actually are. Those who can experience true leisure while reaping the benefits of saving in a hard asset that is increasing in purchasing power significantly over the long term are those who build truly great things. Things that outlast those who build them. Great art, great monuments, great institutions were all built by men who were afforded the time to experience leisure. Partly because they were leveraging hard money as their savings and the place they stored the profits reaped from their entrepreneurial endeavors.

If you squint and look into the future a couple of decades, it isn't hard to see a reality like this manifesting. As more people begin to save in Bitcoin, the forces of supply and demand will continue to come into play. There will only ever be 21 million bitcoin, there are around 8 billion people on this planet, and as more of those 8 billion individuals decide that bitcoin is the best savings vehicle, the price of bitcoin will rise.

When the price of bitcoin rises, it makes all other goods cheaper in bitcoin terms and, again, expands the entrepreneurial opportunity. The best part about this feedback loop is that even non-holders of bitcoin benefit through higher real wages and faster tech diffusion. The individuals and business owners who decide to hodl bitcoin will bring these benefits to the world whether you decide to use bitcoin or not.

This is why it is virtuous to hodl bitcoin. The potential for good things to manifest throughout the world increase when more individuals decide to hodl bitcoin. And as Michael very eloquently points out, this does not mean that people will not spend their bitcoin. It simply means that they have standards for the things that they will spend their bitcoin on. And those standards are higher than most who are fully engrossed in the high velocity trash economy have today.

In my opinion, one of those higher causes worthy of a sats donation is nostr:nprofile1qyfhwumn8ghj7enjv4jhyetvv9uju7re0gq3uamnwvaz7tmfdemxjmrvv9nk2tt0w468v6tvd3skwefwvdhk6qpqwzc9lz2f40azl98shkjewx3pywg5e5alwqxg09ew2mdyeey0c2rqcfecft . Consider donating so they can preserve and disseminate vital information about bitcoin and its foundations.

The Shell Game: How Health Narratives May Distract from Vaccine Risks

In our recent podcast, Dr. Jack Kruse presented a concerning theory about public health messaging. He argues that figures like Casey and Callie Means are promoting food and exercise narratives as a deliberate distraction from urgent vaccine issues. While no one disputes healthy eating matters, Dr. Kruse insists that focusing on "Froot Loops and Red Dye" diverts attention from what he sees as immediate dangers of mRNA vaccines, particularly for children.

"It's gonna take you 50 years to die from processed food. But the messenger jab can drop you like Damar Hamlin." - Dr Jack Kruse

Dr. Kruse emphasized that approximately 25,000 children per month are still receiving COVID vaccines despite concerns, with 3 million doses administered since Trump's election. This "shell game," as he describes it, allows vaccines to remain on childhood schedules while public attention fixates on less immediate health threats. As host, I believe this pattern deserves our heightened scrutiny given the potential stakes for our children's wellbeing.

Check out the full podcast here for more on Big Pharma's alleged bioweapons program, the "Time Bank Account" concept, and how Bitcoin principles apply to health sovereignty.

Headlines of the Day

Aussie Judge: Bitcoin is Money, Possibly CGT-Exempt - via X

JPMorgan to Let Clients Buy Bitcoin Without Direct Custody - via X

Get our new STACK SATS hat - via tftcmerch.io

Mubadala Acquires 384,239 sats | $408.50M Stake in BlackRock Bitcoin ETF - via X

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Ten31, the largest bitcoin-focused investor, has deployed 158,469 sats | $150.00M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/invest.

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Final thought...

I've been walking from my house around Town Lake in Austin in the mornings and taking calls on the walk. Big fan of a walking call.

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@ 6e0ea5d6:0327f353

**Ascolta bene! ** A man's sentimental longing, though often disguised in noble language and imagination, is a sickness—not a virtue.

It begins as a slight inclination toward tenderness, cloaked in sweetness. Then it reveals itself as a masked addiction: a constant need to be seen by a woman, validated by her, and reciprocated—as if someone else's affection were the only anchor preventing the shipwreck of his emotions.

The man who understands the weight of leadership seeks no applause, no gratitude, not even romantic love. He knows that his role is not theatrical but structural. He is not measured by the emotion he evokes, but by the stability he ensures. Being a true man is not ornamental. He is not a decorative symbol in the family frame.

We live in an era where male roles have been distorted by an overindulgence in emotion. The man stopped guiding and began asking for direction. His firmness was exchanged for softness, his decisiveness for hesitation. Trying to please, many have given up authority. Trying to love, they’ve begun to bow. A man who begs for validation within his own home is not a leader—he is a guest. And when the patriarch has to ask for a seat at the table he should preside over and sustain, something has already been irreversibly inverted.

Unexamined longing turns into pleading. And all begging is the antechamber of humiliation. A man who never learned to cultivate dignified solitude will inevitably fall to his knees in desperation. And then, he yields. Yields to mediocre presence, to shallow affection, to constant disrespect. He smiles while he bleeds, praises the one who despises him, accepts crumbs and pretends it’s a banquet. All of it, cazzo... just to avoid the horror of being alone.

Davvero, amico mio, for the men who beg for romance, only the consolation of being remembered will remain—not with respect, but with pity and disgust.

The modern world feeds the fragile with illusions, but reality spits them out. Sentimental longing is now celebrated as sensitivity. But every man who nurtures it as an excuse will, sooner or later, pay for it with his dignity.

Thank you for reading, my friend!

If this message resonated with you, consider leaving your "🥃" as a token of appreciation.

A toast to our family!

@ 502ab02a:a2860397

พอพูดถึงบริษัทอย่าง Formo ที่ทำชีสโดยไม่ใช้วัวเลย คนส่วนใหญ่จะนึกถึงคำว่า “นวัตกรรม” “ยั่งยืน” “ลดโลกร้อน” กันเป็นด่านแรก แต่พอเฮียมองทะลุม่านควันพวกนี้ไป จะเห็นทุนรายใหญ่ที่หนุนหลังอยู่ ซึ่งหลายเจ้าก็ไม่ใช่ผู้พิทักษ์โลก แต่เป็นผู้เล่นตัวจี๊ดในอุตสาหกรรมอาหารโลกมายาวนาน

หนึ่งในนั้นคือบริษัทจากเกาหลีใต้ชื่อ CJ CheilJedang ซึ่งอาจฟังดูไกลตัว แต่จริงๆ แล้ว เฮียว่าชื่อนี้โผล่ตามซองอาหารสำเร็จรูปในครัวคนไทยหลายบ้านโดยไม่รู้ตัว

ถ้าจะเข้าใจ Formo ให้ถึงแก่น เราต้องมองไปถึงทุนที่ “ใส่เงิน” และ “ใส่จุดยืน” ลงไปในบริษัทนั้น และหนึ่งในผู้ถือหุ้นรายสำคัญก็คือ CJ CheilJedang บริษัทเกาหลีใต้ที่ก่อตั้งมาตั้งแต่ปี 1953 โดยเริ่มจากการเป็นโรงงานผลิตน้ำตาล จากนั้นก็กินรวบแทบทุกวงจรอาหารของเกาหลี

โปรไฟล์ CJ แค่เห็นภาพรวมก็ขนลุกแล้วครับ ลูกพี่เราแข็งแกร่งขนาดไหน - เป็นเจ้าของแบรนด์ Bibigo ที่เราอาจจะคุ้นในสินค้า กิมจิ และ CJ Foods ที่มีขายทั่วโลก -เป็นผู้ผลิต กรดอะมิโน รายใหญ่ของโลก เช่น ไลซีน, ทรีโอนีน, ทริปโตแฟน ที่ใช้เป็นวัตถุดิบในอาหารสัตว์ แต่ตอนนี้หลายบริษัทเอาไปใส่ใน Plant-based food แล้วเคลมว่าเป็นโปรตีนสมบูรณ์ -เป็นเจ้าของโรงงานผลิต แบคทีเรียสายพันธุ์พิเศษ สำหรับการหมักหลายประเภท -ขึ้นชื่อเรื่อง bioscience โดยเฉพาะ precision fermentation ซึ่งเป็นเทคโนโลยีเดียวกับที่ Formo ใช้ผลิตเคซีน (โปรตีนในนมวัว)

แปลว่า CJ ไม่ได้มาลงทุนใน Formo แบบ “หวังผลกำไรเฉยๆ” แต่เขามองเห็น “อนาคตใหม่ของอาหาร” ที่ตัวเองจะเป็นเจ้าของต้นน้ำยันปลายน้ำ

คำถามก็คือเบื้องลึกการลงทุนใน Formo ใครได้อะไร? Formo ปิดรอบระดมทุน Series A ได้ประมาณ 50 ล้านดอลลาร์สหรัฐ เมื่อปี 2021 โดยมีนักลงทุนหลายเจ้า เช่น EQT Ventures, Elevat3 Capital, Atomico แต่ CJ CheilJedang ก็เป็นหนึ่งในผู้ลงทุนเชิงกลยุทธ์ (strategic investor) ที่เข้ามาแบบไม่ใช่แค่ลงเงิน แต่เอา เทคโนโลยี + เครือข่ายโรงงาน + ซัพพลายเชนระดับโลก มาเสริมให้ Formo ขยายได้เร็วขึ้น

การจับมือกันครั้งนี้มีนัยยะสำคัญครับ -Formo ได้ เทคโนโลยีหมักจุลินทรีย์ (ที่ CJ ถนัดมาก) และช่องทางกระจายสินค้าในเอเชีย -CJ ได้ ถือหุ้นในบริษัทที่กำลังจะเปลี่ยนภาพ “ผลิตภัณฑ์จากนม” ให้กลายเป็นสิ่งที่ไม่ต้องมีสัตว์อีกต่อไป ซึ่งจะเป็นกลยุทธ์สำคัญในการสร้างแบรนด์อาหารแห่งอนาคต ที่นมจะต้องมาจากโรงงานผลิตเท่านั้นจึงจะมีคุณสมบัติที่ดีทั้งสารอาหารและความสะอาด

CJ เองก็เคยประกาศต่อสื่อว่า อยากเป็น “Global Lifestyle Company” ซึ่งฟังดูเบาๆ แต่จริงๆ คือแผนใหญ่ในการ เปลี่ยนวิธีการกินของคนทั้งโลกได้เลยเช่นกัน -จาก “อาหารจริง” ไปเป็น “อาหารสังเคราะห์” (synthetic food) -จาก “ฟาร์มสัตว์” ไปเป็น “ถังหมักจุลินทรีย์” -จาก “ความหลากหลายตามธรรมชาติ” ไปเป็น “สูตรกลาง” ที่ควบคุมได้ในระดับโมเลกุล

การหนุนหลัง Formo จึงไม่ใช่เรื่องบังเอิญ แต่เป็นอีกหนึ่งหมากในกระดานใหญ่ที่ CJ วางไว้ เพื่อเป็นเจ้าของอาหารอนาคตแบบไม่ต้องเลี้ยงหมู ไก่ วัว แต่ครองเทคโนโลยีแทน

คำถามคือแล้วผู้บริโภคจะรู้ทันไหมว่า เบื้องหลังชีสที่ไม่มีวัว อาจมี “ทุนที่อยากครองโลกอาหาร” คำที่เคลมว่า “ยั่งยืน” อาจสร้างระบบอาหารใหม่ที่ยิ่งห่างจากธรรมชาติเข้าไปทุกที

คนที่เคย “กลัวสารเคมี” ในอาหารแปรรูป กลับกลืนผลิตภัณฑ์จากห้องแล็บ โดยคิดว่า “มันคือความสะอาดและอนาคต” #pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ fd06f542:8d6d54cd

🧱 NostrTrust Initial Trust Score List (V0.1)

This list defines the initial trust scores (T Score) for key members of the Nostr community based on their contributions, reputation, and role in the ecosystem. The goal is to seed a decentralized trust system that encourages quality interactions and authentic contributions.

> ⚠️ Note: This is an draft version.

✅ Initial T Score Allocation Rules

| User Type | Initial T Score Range | Criteria | |-----------|------------------------|----------| | Founder | 10,000 | Creator of the Nostr protocol | | Core Developers | 5,000 - 8,000 | Major contributors to core codebase, clients, or infrastructure | | Active Contributors | 1,000 - 4,000 | Recognized long-term contributors to content, tools, or community |

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👤 Initial Trust Score Table

| Name / Alias | npub | Initial T Score | Justification | |--------------|------|------------------|----------------| | fiatjaf | npub180cvv07tjdrrgpa0j7j7tmnyl2yr6yr7l8j4s3evf6u64th6gkwsyjh6w6 | 10,000 | Creator of the Nostr protocol | |Jack|npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m|9,000|| | jb55 | npub1xtscya34g58tk0z605fvr788k263gsu6cy9x0mhnm87echrgufzsevkk5s | 7,000 | Developer of tools, relays, and early Nostr integrations,made damus | |Alex Gleason | npub1q3sle0kvfsehgsuexttt3ugjd8xdklxfwwkh559wxckmzddywnws6cd26p | 7,000 || |PABLOF7z|npub1l2vyh47mk2p0qlsku7hg0vn29faehy9hy34ygaclpn66ukqp3afqutajft|7,000|NDK| |DASHU|npub19yeqjawls407xjnmgkk6yss7936pcd7qzd5srlj8wye6j8433vrsjazqwk|4,000|Nostrmo | |Moss|npub129z0az8lgffuvsywazww07hx75qas3veh3dazsq56z8y39v86khs2uy5gm|4,000| freerse.com| |w|npub10td4yrp6cl9kmjp9x5yd7r8pm96a5j07lk5mtj2kw39qf8frpt8qm9x2wl|4,000| 0xchat | |Cody Tseng|npub1syjmjy0dp62dhccq3g97fr87tngvpvzey08llyt6ul58m2zqpzps9wf6wl|4,000| jumble.social| |nostr_cn_dev|npub1l5r02s4udsr28xypsyx7j9lxchf80ha4z6y6269d0da9frtd2nxsvum9jm|1,000|nostrbook.com,NostrTrust,nostrbridge| |hzrd149|npub1ye5ptcxfyyxl5vjvdjar2ua3f0hynkjzpx552mu5snj3qmx5pzjscpknpr|6,000|blossom,nostrudel| ||||| ||||| ||||| ||||| |||||

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@ 5d4b6c8d:8a1c1ee3

https://youtu.be/EPiE-Ruhohg

I'm pretty sure Ben called Caruso the "Bald Mamba" in this video, which is an awesome nickname for him.

Great walkthrough of the adjustments made over the course of seven games to try to disrupt Joker, culminating with putting Caruso (who's 100 lbs lighter and 6 inches shorter) on him.

https://stacker.news/items/984227

@ c296b5f7:c7282b53

testee

@ c296b5f7:c7282b53

@ c296b5f7:c7282b53

https://curtlink.com/user/login powerdigital f1950610#@

@ c296b5f7:c7282b53

enter in leaders group https://chat.whatsapp.com/EhI9fGsMbGPHd2cF5KQwC9

@ 85fb39c4:81498307

teste

@ 9be6a199:6e133301

this is the content

this is an update

@ 85fb39c4:81498307

It's my first post

@ 9be6a199:6e133301

sdsdsd

@ 4ba8e86d:89d32de4

O que é Cwtch? Cwtch (/kʊtʃ/ - uma palavra galesa que pode ser traduzida aproximadamente como “um abraço que cria um lugar seguro”) é um protocolo de mensagens multipartidário descentralizado, que preserva a privacidade, que pode ser usado para construir aplicativos resistentes a metadados.

Como posso pronunciar Cwtch? Como "kutch", para rimar com "butch".

Descentralizado e Aberto : Não existe “serviço Cwtch” ou “rede Cwtch”. Os participantes do Cwtch podem hospedar seus próprios espaços seguros ou emprestar sua infraestrutura para outras pessoas que buscam um espaço seguro. O protocolo Cwtch é aberto e qualquer pessoa é livre para criar bots, serviços e interfaces de usuário e integrar e interagir com o Cwtch.

Preservação de privacidade : toda a comunicação no Cwtch é criptografada de ponta a ponta e ocorre nos serviços cebola Tor v3.

Resistente a metadados : O Cwtch foi projetado de forma que nenhuma informação seja trocada ou disponibilizada a ninguém sem seu consentimento explícito, incluindo mensagens durante a transmissão e metadados de protocolo

Uma breve história do bate-papo resistente a metadados Nos últimos anos, a conscientização pública sobre a necessidade e os benefícios das soluções criptografadas de ponta a ponta aumentou com aplicativos como Signal , Whatsapp e Wire. que agora fornecem aos usuários comunicações seguras.

No entanto, essas ferramentas exigem vários níveis de exposição de metadados para funcionar, e muitos desses metadados podem ser usados ​​para obter detalhes sobre como e por que uma pessoa está usando uma ferramenta para se comunicar.

Uma ferramenta que buscou reduzir metadados é o Ricochet lançado pela primeira vez em 2014. Ricochet usou os serviços cebola Tor v2 para fornecer comunicação criptografada segura de ponta a ponta e para proteger os metadados das comunicações.

Não havia servidores centralizados que auxiliassem no roteamento das conversas do Ricochet. Ninguém além das partes envolvidas em uma conversa poderia saber que tal conversa está ocorrendo.

Ricochet tinha limitações; não havia suporte para vários dispositivos, nem existe um mecanismo para suportar a comunicação em grupo ou para um usuário enviar mensagens enquanto um contato está offline.

Isto tornou a adoção do Ricochet uma proposta difícil; mesmo aqueles em ambientes que seriam melhor atendidos pela resistência aos metadados, sem saber que ela existe.

Além disso, qualquer solução para comunicação descentralizada e resistente a metadados enfrenta problemas fundamentais quando se trata de eficiência, privacidade e segurança de grupo conforme definido pelo consenso e consistência da transcrição.

Alternativas modernas ao Ricochet incluem Briar , Zbay e Ricochet Refresh - cada ferramenta procura otimizar para um conjunto diferente de compensações, por exemplo, Briar procura permitir que as pessoas se comuniquem mesmo quando a infraestrutura de rede subjacente está inoperante, ao mesmo tempo que fornece resistência à vigilância de metadados.

O projeto Cwtch começou em 2017 como um protocolo de extensão para Ricochet, fornecendo conversas em grupo por meio de servidores não confiáveis, com o objetivo de permitir aplicativos descentralizados e resistentes a metadados como listas compartilhadas e quadros de avisos.

Uma versão alfa do Cwtch foi lançada em fevereiro de 2019 e, desde então, a equipe do Cwtch dirigida pela OPEN PRIVACY RESEARCH SOCIETY conduziu pesquisa e desenvolvimento em cwtch e nos protocolos, bibliotecas e espaços de problemas subjacentes.

Modelo de Risco.

Sabe-se que os metadados de comunicações são explorados por vários adversários para minar a segurança dos sistemas, para rastrear vítimas e para realizar análises de redes sociais em grande escala para alimentar a vigilância em massa. As ferramentas resistentes a metadados estão em sua infância e faltam pesquisas sobre a construção e a experiência do usuário de tais ferramentas.

https://nostrcheck.me/media/public/nostrcheck.me_9475702740746681051707662826.webp

O Cwtch foi originalmente concebido como uma extensão do protocolo Ricochet resistente a metadados para suportar comunicações assíncronas de grupos multiponto por meio do uso de infraestrutura anônima, descartável e não confiável.

Desde então, o Cwtch evoluiu para um protocolo próprio. Esta seção descreverá os vários riscos conhecidos que o Cwtch tenta mitigar e será fortemente referenciado no restante do documento ao discutir os vários subcomponentes da Arquitetura Cwtch.

Modelo de ameaça.

É importante identificar e compreender que os metadados são omnipresentes nos protocolos de comunicação; é de facto necessário que tais protocolos funcionem de forma eficiente e em escala. No entanto, as informações que são úteis para facilitar peers e servidores também são altamente relevantes para adversários que desejam explorar tais informações.

Para a definição do nosso problema, assumiremos que o conteúdo de uma comunicação é criptografado de tal forma que um adversário é praticamente incapaz de quebrá-lo veja tapir e cwtch para detalhes sobre a criptografia que usamos, e como tal nos concentraremos em o contexto para os metadados de comunicação.

Procuramos proteger os seguintes contextos de comunicação:

• Quem está envolvido em uma comunicação? Pode ser possível identificar pessoas ou simplesmente identificadores de dispositivos ou redes. Por exemplo, “esta comunicação envolve Alice, uma jornalista, e Bob, um funcionário público”.

• Onde estão os participantes da conversa? Por exemplo, “durante esta comunicação, Alice estava na França e Bob estava no Canadá”.

• Quando ocorreu uma conversa? O momento e a duração da comunicação podem revelar muito sobre a natureza de uma chamada, por exemplo, “Bob, um funcionário público, conversou com Alice ao telefone por uma hora ontem à noite. Esta é a primeira vez que eles se comunicam.” *Como a conversa foi mediada? O fato de uma conversa ter ocorrido por meio de um e-mail criptografado ou não criptografado pode fornecer informações úteis. Por exemplo, “Alice enviou um e-mail criptografado para Bob ontem, enquanto eles normalmente enviam apenas e-mails de texto simples um para o outro”.

• Sobre o que é a conversa? Mesmo que o conteúdo da comunicação seja criptografado, às vezes é possível derivar um contexto provável de uma conversa sem saber exatamente o que é dito, por exemplo, “uma pessoa ligou para uma pizzaria na hora do jantar” ou “alguém ligou para um número conhecido de linha direta de suicídio na hora do jantar”. 3 horas da manhã."

Além das conversas individuais, também procuramos defender-nos contra ataques de correlação de contexto, através dos quais múltiplas conversas são analisadas para obter informações de nível superior:

• Relacionamentos: Descobrir relações sociais entre um par de entidades analisando a frequência e a duração de suas comunicações durante um período de tempo. Por exemplo, Carol e Eve ligam uma para a outra todos os dias durante várias horas seguidas.

• Cliques: Descobrir relações sociais entre um grupo de entidades que interagem entre si. Por exemplo, Alice, Bob e Eva se comunicam entre si.

• Grupos vagamente conectados e indivíduos-ponte: descobrir grupos que se comunicam entre si através de intermediários, analisando cadeias de comunicação (por exemplo, toda vez que Alice fala com Bob, ela fala com Carol quase imediatamente depois; Bob e Carol nunca se comunicam).

• Padrão de Vida: Descobrir quais comunicações são cíclicas e previsíveis. Por exemplo, Alice liga para Eve toda segunda-feira à noite por cerca de uma hora. Ataques Ativos

Ataques de deturpação.

O Cwtch não fornece registro global de nomes de exibição e, como tal, as pessoas que usam o Cwtch são mais vulneráveis ​​a ataques baseados em declarações falsas, ou seja, pessoas que fingem ser outras pessoas:

O fluxo básico de um desses ataques é o seguinte, embora também existam outros fluxos:

•Alice tem um amigo chamado Bob e outro chamado Eve

• Eve descobre que Alice tem um amigo chamado Bob

• Eve cria milhares de novas contas para encontrar uma que tenha uma imagem/chave pública semelhante à de Bob (não será idêntica, mas pode enganar alguém por alguns minutos)

• Eve chama essa nova conta de "Eve New Account" e adiciona Alice como amiga.

• Eve então muda seu nome em "Eve New Account" para "Bob"

• Alice envia mensagens destinadas a "Bob" para a conta falsa de Bob de Eve Como os ataques de declarações falsas são inerentemente uma questão de confiança e verificação, a única maneira absoluta de evitá-los é os usuários validarem absolutamente a chave pública. Obviamente, isso não é o ideal e, em muitos casos, simplesmente não acontecerá .

Como tal, pretendemos fornecer algumas dicas de experiência do usuário na interface do usuário para orientar as pessoas na tomada de decisões sobre confiar em contas e/ou distinguir contas que possam estar tentando se representar como outros usuários.

Uma nota sobre ataques físicos A Cwtch não considera ataques que exijam acesso físico (ou equivalente) à máquina do usuário como praticamente defensáveis. No entanto, no interesse de uma boa engenharia de segurança, ao longo deste documento ainda nos referiremos a ataques ou condições que exigem tal privilégio e indicaremos onde quaisquer mitigações que implementámos falharão.

Um perfil Cwtch.

Os usuários podem criar um ou mais perfis Cwtch. Cada perfil gera um par de chaves ed25519 aleatório compatível com Tor.

Além do material criptográfico, um perfil também contém uma lista de Contatos (outras chaves públicas do perfil Cwtch + dados associados sobre esse perfil, como apelido e (opcionalmente) mensagens históricas), uma lista de Grupos (contendo o material criptográfico do grupo, além de outros dados associados, como apelido do grupo e mensagens históricas).

Conversões entre duas partes: ponto a ponto

https://nostrcheck.me/media/public/nostrcheck.me_2186338207587396891707662879.webp

Para que duas partes participem de uma conversa ponto a ponto, ambas devem estar on-line, mas apenas uma precisa estar acessível por meio do serviço Onion. Por uma questão de clareza, muitas vezes rotulamos uma parte como “ponto de entrada” (aquele que hospeda o serviço cebola) e a outra parte como “ponto de saída” (aquele que se conecta ao serviço cebola).

Após a conexão, ambas as partes adotam um protocolo de autenticação que:

• Afirma que cada parte tem acesso à chave privada associada à sua identidade pública.

• Gera uma chave de sessão efêmera usada para criptografar todas as comunicações futuras durante a sessão.

Esta troca (documentada com mais detalhes no protocolo de autenticação ) é negável offline , ou seja, é possível para qualquer parte falsificar transcrições desta troca de protocolo após o fato e, como tal - após o fato - é impossível provar definitivamente que a troca aconteceu de forma alguma.

Após o protocolo de autenticação, as duas partes podem trocar mensagens livremente.

Conversas em Grupo e Comunicação Ponto a Servidor

Ao iniciar uma conversa em grupo, é gerada uma chave aleatória para o grupo, conhecida como Group Key. Todas as comunicações do grupo são criptografadas usando esta chave. Além disso, o criador do grupo escolhe um servidor Cwtch para hospedar o grupo. Um convite é gerado, incluindo o Group Key, o servidor do grupo e a chave do grupo, para ser enviado aos potenciais membros.

Para enviar uma mensagem ao grupo, um perfil se conecta ao servidor do grupo e criptografa a mensagem usando a Group Key, gerando também uma assinatura sobre o Group ID, o servidor do grupo e a mensagem. Para receber mensagens do grupo, um perfil se conecta ao servidor e baixa as mensagens, tentando descriptografá-las usando a Group Key e verificando a assinatura.

Detalhamento do Ecossistema de Componentes

O Cwtch é composto por várias bibliotecas de componentes menores, cada uma desempenhando um papel específico. Algumas dessas bibliotecas incluem:

• abertoprivacidade/conectividade: Abstração de rede ACN, atualmente suportando apenas Tor.
• cwtch.im/tapir: Biblioteca para construção de aplicativos p2p em sistemas de comunicação anônimos.
• cwtch.im/cwtch: Biblioteca principal para implementação do protocolo/sistema Cwtch.
• cwtch.im/libcwtch-go: Fornece ligações C para Cwtch para uso em implementações de UI.

TAPIR: Uma Visão Detalhada

Projetado para substituir os antigos canais de ricochete baseados em protobuf, o Tapir fornece uma estrutura para a construção de aplicativos anônimos.

Está dividido em várias camadas:

• Identidade - Um par de chaves ed25519, necessário para estabelecer um serviço cebola Tor v3 e usado para manter uma identidade criptográfica consistente para um par.

• Conexões – O protocolo de rede bruto que conecta dois pares. Até agora, as conexões são definidas apenas através do Tor v3 Onion Services.

• Aplicativos - As diversas lógicas que permitem um determinado fluxo de informações em uma conexão. Os exemplos incluem transcrições criptográficas compartilhadas, autenticação, proteção contra spam e serviços baseados em tokens. Os aplicativos fornecem recursos que podem ser referenciados por outros aplicativos para determinar se um determinado peer tem a capacidade de usar um determinado aplicativo hospedado.

• Pilhas de aplicativos - Um mecanismo para conectar mais de um aplicativo, por exemplo, a autenticação depende de uma transcrição criptográfica compartilhada e o aplicativo peer cwtch principal é baseado no aplicativo de autenticação.

Identidade.

Um par de chaves ed25519, necessário para estabelecer um serviço cebola Tor v3 e usado para manter uma identidade criptográfica consistente para um peer.

InitializeIdentity - de um par de chaves conhecido e persistente:i,I

InitializeEphemeralIdentity - de um par de chaves aleatório: ie,Ie

Aplicativos de transcrição.

Inicializa uma transcrição criptográfica baseada em Merlin que pode ser usada como base de protocolos baseados em compromisso de nível superior

O aplicativo de transcrição entrará em pânico se um aplicativo tentar substituir uma transcrição existente por uma nova (aplicando a regra de que uma sessão é baseada em uma e apenas uma transcrição).

Merlin é uma construção de transcrição baseada em STROBE para provas de conhecimento zero. Ele automatiza a transformação Fiat-Shamir, para que, usando Merlin, protocolos não interativos possam ser implementados como se fossem interativos.

Isto é significativamente mais fácil e menos sujeito a erros do que realizar a transformação manualmente e, além disso, também fornece suporte natural para:

• protocolos multi-round com fases alternadas de commit e desafio;

• separação natural de domínios, garantindo que os desafios estejam vinculados às afirmações a serem provadas;

• enquadramento automático de mensagens, evitando codificação ambígua de dados de compromisso;

• e composição do protocolo, usando uma transcrição comum para vários protocolos.

Finalmente, o Merlin também fornece um gerador de números aleatórios baseado em transcrição como defesa profunda contra ataques de entropia ruim (como reutilização de nonce ou preconceito em muitas provas). Este RNG fornece aleatoriedade sintética derivada de toda a transcrição pública, bem como dos dados da testemunha do provador e uma entrada auxiliar de um RNG externo.

Conectividade Cwtch faz uso do Tor Onion Services (v3) para todas as comunicações entre nós.

Fornecemos o pacote openprivacy/connectivity para gerenciar o daemon Tor e configurar e desmontar serviços cebola através do Tor.

Criptografia e armazenamento de perfil.

Os perfis são armazenados localmente no disco e criptografados usando uma chave derivada de uma senha conhecida pelo usuário (via pbkdf2).

Observe que, uma vez criptografado e armazenado em disco, a única maneira de recuperar um perfil é recuperando a senha - como tal, não é possível fornecer uma lista completa de perfis aos quais um usuário pode ter acesso até inserir uma senha.

Perfis não criptografados e a senha padrão Para lidar com perfis "não criptografados" (ou seja, que não exigem senha para serem abertos), atualmente criamos um perfil com uma senha codificada de fato .

Isso não é o ideal, preferiríamos confiar no material de chave fornecido pelo sistema operacional, de modo que o perfil fosse vinculado a um dispositivo específico, mas esses recursos são atualmente uma colcha de retalhos - também notamos, ao criar um perfil não criptografado, pessoas que usam Cwtch estão explicitamente optando pelo risco de que alguém com acesso ao sistema de arquivos possa descriptografar seu perfil.

Vulnerabilidades Relacionadas a Imagens e Entrada de Dados

Imagens Maliciosas

O Cwtch enfrenta desafios na renderização de imagens, com o Flutter utilizando Skia, embora o código subjacente não seja totalmente seguro para a memória.

Realizamos testes de fuzzing nos componentes Cwtch e encontramos um bug de travamento causado por um arquivo GIF malformado, levando a falhas no kernel. Para mitigar isso, adotamos a política de sempre habilitar cacheWidth e/ou cacheHeight máximo para widgets de imagem.

Identificamos o risco de imagens maliciosas serem renderizadas de forma diferente em diferentes plataformas, como evidenciado por um bug no analisador PNG da Apple.

Riscos de Entrada de Dados

Um risco significativo é a interceptação de conteúdo ou metadados por meio de um Input Method Editor (IME) em dispositivos móveis. Mesmo aplicativos IME padrão podem expor dados por meio de sincronização na nuvem, tradução online ou dicionários pessoais.

Implementamos medidas de mitigação, como enableIMEPersonalizedLearning: false no Cwtch 1.2, mas a solução completa requer ações em nível de sistema operacional e é um desafio contínuo para a segurança móvel.

Servidor Cwtch.

O objetivo do protocolo Cwtch é permitir a comunicação em grupo através de infraestrutura não confiável .

Ao contrário dos esquemas baseados em retransmissão, onde os grupos atribuem um líder, um conjunto de líderes ou um servidor confiável de terceiros para garantir que cada membro do grupo possa enviar e receber mensagens em tempo hábil (mesmo que os membros estejam offline) - infraestrutura não confiável tem o objetivo de realizar essas propriedades sem a suposição de confiança.

O artigo original do Cwtch definia um conjunto de propriedades que se esperava que os servidores Cwtch fornecessem:

• O Cwtch Server pode ser usado por vários grupos ou apenas um.

• Um servidor Cwtch, sem a colaboração de um membro do grupo, nunca deve aprender a identidade dos participantes de um grupo.

• Um servidor Cwtch nunca deve aprender o conteúdo de qualquer comunicação.

• Um servidor Cwtch nunca deve ser capaz de distinguir mensagens como pertencentes a um grupo específico. Observamos aqui que essas propriedades são um superconjunto dos objetivos de design das estruturas de Recuperação de Informações Privadas.

Melhorias na Eficiência e Segurança

Eficiência do Protocolo

Atualmente, apenas um protocolo conhecido, o PIR ingênuo, atende às propriedades desejadas para garantir a privacidade na comunicação do grupo Cwtch. Este método tem um impacto direto na eficiência da largura de banda, especialmente para usuários em dispositivos móveis. Em resposta a isso, estamos ativamente desenvolvendo novos protocolos que permitem negociar garantias de privacidade e eficiência de maneiras diversas.

Os servidores, no momento desta escrita, permitem o download completo de todas as mensagens armazenadas, bem como uma solicitação para baixar mensagens específicas a partir de uma determinada mensagem. Quando os pares ingressam em um grupo em um novo servidor, eles baixam todas as mensagens do servidor inicialmente e, posteriormente, apenas as mensagens novas.

Mitigação de Análise de Metadados

Essa abordagem permite uma análise moderada de metadados, pois o servidor pode enviar novas mensagens para cada perfil suspeito exclusivo e usar essas assinaturas de mensagens exclusivas para rastrear sessões ao longo do tempo. Essa preocupação é mitigada por dois fatores:

1. Os perfis podem atualizar suas conexões a qualquer momento, resultando em uma nova sessão do servidor.
2. Os perfis podem ser "ressincronizados" de um servidor a qualquer momento, resultando em uma nova chamada para baixar todas as mensagens. Isso é comumente usado para buscar mensagens antigas de um grupo.

Embora essas medidas imponham limites ao que o servidor pode inferir, ainda não podemos garantir resistência total aos metadados. Para soluções futuras para esse problema, consulte Niwl.

Proteção contra Pares Maliciosos

Os servidores enfrentam o risco de spam gerado por pares, representando uma ameaça significativa à eficácia do sistema Cwtch. Embora tenhamos implementado um mecanismo de proteção contra spam no protótipo do Cwtch, exigindo que os pares realizem alguma prova de trabalho especificada pelo servidor, reconhecemos que essa não é uma solução robusta na presença de um adversário determinado com recursos significativos.

Pacotes de Chaves

Os servidores Cwtch se identificam por meio de pacotes de chaves assinados, contendo uma lista de chaves necessárias para garantir a segurança e resistência aos metadados na comunicação do grupo Cwtch. Esses pacotes de chaves geralmente incluem três chaves: uma chave pública do serviço Tor v3 Onion para o Token Board, uma chave pública do Tor v3 Onion Service para o Token Service e uma chave pública do Privacy Pass.

Para verificar os pacotes de chaves, os perfis que os importam do servidor utilizam o algoritmo trust-on-first-use (TOFU), verificando a assinatura anexada e a existência de todos os tipos de chave. Se o perfil já tiver importado o pacote de chaves do servidor anteriormente, todas as chaves são consideradas iguais.

Configuração prévia do aplicativo para ativar o Relé do Cwtch.

No Android, a hospedagem de servidor não está habilitada, pois essa opção não está disponível devido às limitações dos dispositivos Android. Essa funcionalidade está reservada apenas para servidores hospedados em desktops.

No Android, a única forma direta de importar uma chave de servidor é através do grupo de teste Cwtch, garantindo assim acesso ao servidor Cwtch.

Primeiro passo é Habilitar a opção de grupo no Cwtch que está em fase de testes. Clique na opção no canto superior direito da tela de configuração e pressione o botão para acessar as configurações do Cwtch.

Você pode alterar o idioma para Português do Brasil.Depois, role para baixo e selecione a opção para ativar os experimentos. Em seguida, ative a opção para habilitar o chat em grupo e a pré-visualização de imagens e fotos de perfil, permitindo que você troque sua foto de perfil.

https://pomf2.lain.la/f/eprhj0u3.mp4

Próximo passo é Criar um perfil.

Pressione o + botão de ação no canto inferior direito e selecione "Novo perfil" ou aberta no botão + adicionar novo perfil.

• Selecione um nome de exibição

• Selecione se deseja proteger

este perfil e salvo localmente com criptografia forte: Senha: sua conta está protegida de outras pessoas que possam usar este dispositivo

Sem senha: qualquer pessoa que tenha acesso a este dispositivo poderá acessar este perfil.

Preencha sua senha e digite-a novamente

Os perfis são armazenados localmente no disco e criptografados usando uma chave derivada de uma senha conhecida pelo usuário (via pbkdf2).

Observe que, uma vez criptografado e armazenado em disco, a única maneira de recuperar um perfil é recuperando a chave da senha - como tal, não é possível fornecer uma lista completa de perfis aos quais um usuário pode ter acesso até inserir um senha.

https://pomf2.lain.la/f/7p6jfr9r.mp4

O próximo passo é adicionar o FuzzBot, que é um bot de testes e de desenvolvimento.

Contato do FuzzBot: 4y2hxlxqzautabituedksnh2ulcgm2coqbure6wvfpg4gi2ci25ta5ad.

Ao enviar o comando "testgroup-invite" para o FuzzBot, você receberá um convite para entrar no Grupo Cwtch Test. Ao ingressar no grupo, você será automaticamente conectado ao servidor Cwtch. Você pode optar por sair do grupo a qualquer momento ou ficar para conversar e tirar dúvidas sobre o aplicativo e outros assuntos. Depois, você pode configurar seu próprio servidor Cwtch, o que é altamente recomendável. https://pomf2.lain.la/f/x4pm8hm8.mp4

Agora você pode utilizar o aplicativo normalmente. Algumas observações que notei: se houver demora na conexão com outra pessoa, ambas devem estar online. Se ainda assim a conexão não for estabelecida, basta clicar no ícone de reset do Tor para restabelecer a conexão com a outra pessoa.

Uma introdução aos perfis Cwtch.

Com Cwtch você pode criar um ou mais perfis . Cada perfil gera um par de chaves ed25519 aleatório compatível com a Rede Tor.

Este é o identificador que você pode fornecer às pessoas e que elas podem usar para entrar em contato com você via Cwtch.

Cwtch permite criar e gerenciar vários perfis separados. Cada perfil está associado a um par de chaves diferente que inicia um serviço cebola diferente.

Gerenciar Na inicialização, o Cwtch abrirá a tela Gerenciar Perfis. Nessa tela você pode:

• Crie um novo perfil.
• Desbloquear perfis.
• Criptografados existentes.
• Gerenciar perfis carregados.
• Alterando o nome de exibição de um perfil.
• Alterando a senha de um perfil Excluindo um perfil.
• Alterando uma imagem de perfil.

Backup ou exportação de um perfil.

Na tela de gerenciamento de perfil:

1. Selecione o lápis ao lado do perfil que você deseja editar

2. Role para baixo até a parte inferior da tela.

3. Selecione "Exportar perfil"

4. Escolha um local e um nome de arquivo.

5.confirme.

Uma vez confirmado, o Cwtch colocará uma cópia do perfil no local indicado. Este arquivo é criptografado no mesmo nível do perfil.

Este arquivo pode ser importado para outra instância do Cwtch em qualquer dispositivo.

Importando um perfil.

1. Pressione o +botão de ação no canto inferior direito e selecione "Importar perfil"

2. Selecione um arquivo de perfil Cwtch exportado para importar

3. Digite a senha associada ao perfil e confirme.

Uma vez confirmado, o Cwtch tentará descriptografar o arquivo fornecido usando uma chave derivada da senha fornecida. Se for bem-sucedido, o perfil aparecerá na tela Gerenciamento de perfil e estará pronto para uso.

OBSERVAÇÃO Embora um perfil possa ser importado para vários dispositivos, atualmente apenas uma versão de um perfil pode ser usada em todos os dispositivos ao mesmo tempo. As tentativas de usar o mesmo perfil em vários dispositivos podem resultar em problemas de disponibilidade e falhas de mensagens.

Qual é a diferença entre uma conexão ponto a ponto e um grupo cwtch?

As conexões ponto a ponto Cwtch permitem que 2 pessoas troquem mensagens diretamente. As conexões ponto a ponto nos bastidores usam serviços cebola Tor v3 para fornecer uma conexão criptografada e resistente a metadados. Devido a esta conexão direta, ambas as partes precisam estar online ao mesmo tempo para trocar mensagens.

Os Grupos Cwtch permitem que várias partes participem de uma única conversa usando um servidor não confiável (que pode ser fornecido por terceiros ou auto-hospedado). Os operadores de servidores não conseguem saber quantas pessoas estão em um grupo ou o que está sendo discutido. Se vários grupos estiverem hospedados em um único servidor, o servidor não conseguirá saber quais mensagens pertencem a qual grupo sem a conivência de um membro do grupo. Ao contrário das conversas entre pares, as conversas em grupo podem ser conduzidas de forma assíncrona, para que todos num grupo não precisem estar online ao mesmo tempo.

Por que os grupos cwtch são experimentais? Mensagens em grupo resistentes a metadados ainda são um problema em aberto . Embora a versão que fornecemos no Cwtch Beta seja projetada para ser segura e com metadados privados, ela é bastante ineficiente e pode ser mal utilizada. Como tal, aconselhamos cautela ao usá-lo e apenas o fornecemos como um recurso opcional.

Como posso executar meu próprio servidor Cwtch? A implementação de referência para um servidor Cwtch é de código aberto . Qualquer pessoa pode executar um servidor Cwtch, e qualquer pessoa com uma cópia do pacote de chaves públicas do servidor pode hospedar grupos nesse servidor sem que o operador tenha acesso aos metadados relacionados ao grupo .

https://git.openprivacy.ca/cwtch.im/server

https://docs.openprivacy.ca/cwtch-security-handbook/server.html

Como posso desligar o Cwtch? O painel frontal do aplicativo possui um ícone do botão "Shutdown Cwtch" (com um 'X'). Pressionar este botão irá acionar uma caixa de diálogo e, na confirmação, o Cwtch será desligado e todos os perfis serão descarregados.

Suas doações podem fazer a diferença no projeto Cwtch? O Cwtch é um projeto dedicado a construir aplicativos que preservam a privacidade, oferecendo comunicação de grupo resistente a metadados. Além disso, o projeto também desenvolve o Cofre, formulários da web criptografados para ajudar mútua segura. Suas contribuições apoiam iniciativas importantes, como a divulgação de violações de dados médicos em Vancouver e pesquisas sobre a segurança do voto eletrônico na Suíça. Ao doar, você está ajudando a fechar o ciclo, trabalhando com comunidades marginalizadas para identificar e corrigir lacunas de privacidade. Além disso, o projeto trabalha em soluções inovadoras, como a quebra de segredos através da criptografia de limite para proteger sua privacidade durante passagens de fronteira. E também tem a infraestrutura: toda nossa infraestrutura é open source e sem fins lucrativos. Conheça também o Fuzzytags, uma estrutura criptográfica probabilística para marcação resistente a metadados. Sua doação é crucial para continuar o trabalho em prol da privacidade e segurança online. Contribua agora com sua doação

https://openprivacy.ca/donate/

onde você pode fazer sua doação em bitcoin e outras moedas, e saiba mais sobre os projetos. https://openprivacy.ca/work/

Link sobre Cwtch

https://cwtch.im/

https://git.openprivacy.ca/cwtch.im/cwtch

https://docs.cwtch.im/docs/intro

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Bitcoin Magazine

BitMine Launches Bitcoin Treasury Advisory Practice, Secures $4M Deal with First Client

Today, BitMine Immersion Technologies, Inc. (OTCQX: BMNRD) announced the launch of its Bitcoin Treasury Advisory Practice and a $4 million deal with a U.S. exchange-listed company. The deal saw Bitmine surpass its last year’s total revenue in that single transaction alone, according to the announcement.

BitMine ( OTCQX: $BMNRD $BMNR) launches Bitcoin Treasury Advisory Practice and secures $4M deal with first client.

This single transaction exceeds our 2024 revenue and sets the stage for major growth.

Read now: https://t.co/R89K3WXdZZ pic.twitter.com/5vIvlYPZUY

— Bitmine Immersion Technologies, Inc. (@BitMNR) May 19, 2025

BitMine will provide “Mining as a Service” (MaaS) by leasing 3,000 Bitcoin ASIC miners to the client through December 30, 2025, in a $3.2 million lease deal, with $1.6 million paid upfront. Additionally, the client has signed an $800,000 consulting agreement for one year focusing on Bitcoin Mining-as-a-Service and Bitcoin Treasury Strategy.

“Currently, there are almost 100 public companies that have adopted Bitcoin as a treasury holding. We expect this number to grow in the future. As more companies adopt Bitcoin treasury strategies, the need for infrastructure, revenue generation, and expert guidance grows along with it,” said Jonathan Bates, CEO of BitMine. “This single transaction is greater than our entire 2024 fiscal year revenue, and we feel there is an opportunity to acquire more clients in the near future as interest in Bitcoin ownership grows.”

BitMine’s first quarter 2025 results showed strong revenue growth, with GAAP revenue rising approximately 135% to $1.2 million, up from $511,000 in Q1 2024, supported by an expanded mining capacity of 4,640 miners as of November 30, 2024, compared to 1,606 the previous year. Despite this growth, the company reported a net loss of $3.9 million in Q1 2025, primarily due to a one-time, non-cash accounting adjustment related to preferred stock; excluding this charge, the adjusted loss was approximately $975,000, consistent with the prior year’s results.

$BMNR reports a 135% revenue increase YOY for Q1 2025 and tripled self-mining capacity with 3,000 new miners! CEO Jonathan Bates credits a team-driven approach and creative financing for this growth.
Read the full release here: https://t.co/slNrZv8Ocn pic.twitter.com/Gb4tk1UfAO

— Bitmine Immersion Technologies, Inc. (@BitMNR) January 13, 2025

BitMine’s new Bitcoin Treasury Advisory Practice, along with the $4 million deal, joins a trend among public companies exploring Bitcoin not just as a treasury asset but also as a source of revenue. 

This post BitMine Launches Bitcoin Treasury Advisory Practice, Secures $4M Deal with First Client first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ bf47c19e:c3d2573b

Originalni tekst na bitcoin-balkan.com.

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Pregled sadržaja

1. Šta je Bitcoin?
2. Šta Bitcoin može da učini za vas?
3. Zašto ljudi kupuju Bitcoin?
4. Da li je vaš novac siguran u dolarima, kućama, akcijama ili zlatu?
5. Šta je bolje za štednju od dolara, kuća i akcija?
6. Po čemu se Bitcoin razlikuje od ostalih valuta?
7. kako Bitcoin spašava svet?
8. Kako mogu da saznam više o Bitcoin-u?

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Bitcoin čini da štednja novca bude kul – i praktična – ponovo. Ovaj članak objašnjava kako i zašto.

Šta je Bitcoin?

Bitcoin se naziva digitalno zlato, mašina za istinu, blockchain, peer to peer mreža čvorova, energetski ponor i još mnogo toga. Bitcoin je, u stvari, sve ovo. Međutim, ova objašnjenja su često toliko tehnička i suvoparna, da bi većina ljudi radije gledala kako trava raste. Što je najvažnije, ova objašnjenja ne pokazuju kako Bitcoin ima bilo kakve koristi za vas.

iPod nije postao kulturološka senzacija jer ga je Apple nazvao „prenosnim digitalnim medijskim uređajem“. Postao je senzacija jer su ga zvali “1,000 pesama u vašem džepu.”

Ne zanima vas šta je Bitcoin. Vas zanima šta on može da učini za vas.

Baš kao i Internet, vaš auto, vaš telefon, kao i mnogi drugi uređaji i sistemi koje svakodnevno koristite, vi ne treba da znate šta je Bitcoin ili kako to funkcioniše da biste razumeli šta on može da učini za vas.

Šta Bitcoin može da učini za vas?

Bitcoin može da sačuva vaš teško zarađeni novac.

Bitcoin je stekao veliku pažnju u 2017. i 2018. godini zbog svoje spekulativne upotrebe. Mnogi ljudi su ga kupili nadajući se da će se obogatiti. Cena je naglo porasla, a zatim se srušila. Ovo nije bio prvi put da je Bitcoin uradio to. Međutim, niko nikada nije izgubio novac držeći bitcoin duže od 3,5 godine – ćak i ako je kupio na apsolutnim vrhovima.

Zašto Bitcoin konstantno raste? Ljudi počinju da shvataju koliko je Bitcoin moćan, kao način uštede novca u svetu u kojem je ’novac’ poput dolara, eura i drugih nacionalnih valuta dizajniran da gubi vrednost.

Ovo čini Bitcoin odličnom opcijom za štednju novca na nekoliko godina ili više. Bitcoin je bolji od štednje novca u dolarima, akcijama, nekretninama, pa čak i u zlatu.

Zato pokušajte da zaboravite na trenutak na razumevanje blockchaina, digitalne valute, kriptografije, seed fraza, novčanika, rudarstva i svih ostalih nerazumljivih termina. Za sada, razgovarajmo o tome zašto ljudi kupuju Bitcoin: razlog je prostiji nego što vi mislite.

Zašto ljudi kupuju Bitcoin?

Naravno, svako ima svoj razlog za kupovinu Bitcoin-a. Jedan od razloga, koji verovatno često čujete, je taj što mu vrednost raste. Ljudi žele da se obogate. Uskoče kao spekulanti, krenu u vožnju i najverovatnije ih prodaju ubrzo nakon kupovine.

Međutim, čak i kada cena krene naglo prema gore i strmoglavo padne nazad, mnogi ljudi ostanu i nakon tog pada. Otkud mi to znamo? Broj aktivnih novčanika dnevno, koji je otprilike sličan broju korisnika Bitcoin-a, nastavlja da raste. Takođe, nakon svakog balona u istoriji Bitcoin-a, cena se nikada ne vraća na svoju cenu pre balona. Uvek ostane malo višlja. Bitcoin se penje, a svaka masovna spekulativna serija dovodi sve više i više ljudi.

Broj aktivnih Bitcoin novčanika neprekidno raste

„Aktivna adresa“ znači da je neko tog dana poslao Bitcoin transakciju. Donji grafikon je na logaritamskoj skali.

Izvor: Glassnode

Cena Bitcoina se neprestano penje

Kroz istoriju Bitcoin-a možemo videti divlje kolebanje cena, ali nakon svakog balona, cena se ostaje višlja nego pre. Ovo je cena Bitcoin-a na logaritamskoj skali.

Izvor: Glassnode

To pokazuje da se ljudi zadržavaju: potražnja za Bitcoin-om se povećava. Da je svaki masovni rast cena bio samo balon koji su iscenirali prevaranti koji žele brzo da se obogate, cena bi se vratila na nivo pre balona. To se dogodilo sa lalama, ali ne i sa Bitcoin-om.

I zašto se onda cena Bitcoin-a stalno povećava? Sve veći broj ljudi čuva Bitcoin dugoročno – oni razumeju šta Bitcoin može učiniti za njihovu štednju.

Zašto ljudi štede svoj novac u Bitcoin-u umesto na štednim računima, kućama, deonicama ili zlatu? Hajde da pogledajmo sve te metode štednje, i zatim da ih uporedimo sa Bitcoin-om.

Da li je vaš novac siguran u dolarima, kućama, akcijama ili zlatu?

Tokom mnogo godina, to su bile pristojne opcije za štednju. Međutim, sistem koji podržava vrednost svega ovoga je u krizi.

Dolari, Euri, Dinari

Dolari i sve ostale „tradicionalne“ valute koje proizvode vlade, stvorene su da izgube vrednost kroz inflaciju. Banke i tradicionalni monetarni sistem uzrokuju inflaciju stalnim stvaranjem i distribucijom novog novca. Kada Američke Federalne Rezerve objave ciljanu stopu od 2% inflacije, to znači da žele da vaš novac svake godine izgubi 2% od svoje vrednosti. Čak i sa inflacijom od samo 2%, vaša štednja u dolarima izgubiće polovinu vrednosti tokom 40-godišnjeg radnog veka.

Izveštena inflacija se danas opasno povečava, uprkos rastućem „buretu sa barutom“ koji bi mogao da explodira i dovede do masivne hiperinflacije. Što je više valute u opticaju, to je više baruta u buretu.

Naše vlade su ekonomiju napunile valutama da bankarski sistem ne bi propao nakon finansijske krize koja se dogodila 2008. godine. Od tada je većina glavnih centralnih banaka postavila vrlo niske kamatne stope, što pojedincima i korporacijama omogućava dobijanje jeftinijih kredita. To znači da mnogi pojedinci i korporacije podižu ogromne kredite i koriste ih za kupovinu druge imovine poput deonica, umetničkih dela i nekretnina. Sve ovo pozajmljivanje znači da stvaramo tone novog novca i stavljamo ga u opticaj.

Računi za podsticaje (stimulus bills) COVID-19 za 2020. godinu unose trilione u sistem. Ovoliko stvaranje valuta na kraju dovodi do inflacije – velikog gubitka u vrednosti valute.

Količina američkog dolara u opticaju gotovo se udvostručila od marta 2020. godine. Izvor

Računi za podsticaje su bez presedana, toliko da je neko izmislio meme da opiše ovu situaciju.

Resurs koji vlade mogu da naprave u većem broju da bi platile svoje račune? Ne zvuči kao dobro mesto za štednju novca.

Kuće

Kuće su tokom prošlog veka bile pristojan način štednje novca. Međutim, pad cena nekretnina 2007. godine doveo je do toga da su mnogi vlasnici kuća izgubili svu ušteđevinu.

Danas su kuće gotovo nepristupačne za prosečnog čoveka. Jedan od načina da se ovo izmeri je koliko godišnjih zarada treba prosečnom čoveku da zaradi ekvivalent vrednosti prosečne kuće. Prema CityLab-u, publikaciji Bloomberg-a koja pokriva gradove, porodica može da priuštiti određenu kuću ako košta manje od 2,6 godišnjih prihoda domaćinstva te porodice.

Međutim, prema RZS (Republički zavod za statistiku) prosečan prihod porodičnog domaćinstva u Srbiji iznosi oko 570 EUR mesečno ili otprilike 7.000 EUR godišnje. Nažalost, samo najjeftinija područja van gradova imaju srednje cene kuća od oko 2,6 prosečnih godišnjih prihoda domaćinstva. U većim gradovima poput Beograda i Novog Sada srednja cena kuće je veća od 10 prosečnih godišnjih prihoda jednog domaćinstva.

Ako nekako možete sebi da priuštite kuću, ona bi mogla biti pristojna zaliha vrednosti. Dokle god ne doživimo još jedan krah i izvršitelji zaplene ovu imovinu mnogim vlasnicima kuća.

Akcije

Berza je u prošlosti takođe dobro poslovala. Međutim, sporo i stabilno povećanje tržišta događa se u dosadnom, predvidljivom svetu. Svakog dana vidimo sve manje toga. Nakon ubrzanja korona virusa, videli smo smo najbrži pad američke berze u istoriji od 25% – brži od Velike depresije.

Neki se odlučuju za ulaganje u obveznice i drugu finansijsku imovinu, ali ’prinosi’ za tu imovinu – procenat kamate zarađene na imovinu iz godine u godinu – stalno opada. Sve veći broj odredjenih imovina ima čak i negativne prinose, što znači da posedovanje te imovine košta! Ovo je veliki problem za sve koji se oslanjaju na penziju. Plus, s obzirom na to da su akcije denominovane u tradicionalnim valutama poput dolara i evra, inflacija pojede prinos koji investitor dobije.

Najgore od svega je to što ti isti ekonomski krahovi koji uzrokuju masovna otpuštanja i teško tržište rada takođe znače i nagli pad cena akcija. Čuvanje ušteđevine u akcijama može značiti i gubitak štednje i gubitak posla zbog recesije. Teška vremena mogu da vas prisile da svoje akcije prodate po vrlo malim cenama samo da biste platili svoje račune.

A to nije baš siguran način štednje novca.

Zlato

Vrednost zlata neprekidno se povećavala tokom 5000 godina, obično padajući onda kada berza obećava jače prinose.

Cena zlata

Evidencija vrednosti zlata je solidna. Međutim, zlato nosi i druge rizike. Većina ljudi poseduje zlato na papiru. Oni fizički ne poseduju zlato, već ga njihova banka čuva za njih. Zbog toga je zlato veoma podložno konfiskaciji od strane vlade.

Zašto bi vlada konfiskovala nečije zlato, a kamoli u demokratskoj zemlji u „slobodnom svetu“? Ali to se dešavalo i ranije. 1933. godine Izvršnom Naredbom 6102, predsednik Roosevelt naredio je svim Amerikancima da prodaju svoje zlato vladi u zamenu za papirne dolare. Vlada je iskoristila pretnju zatvorom za prikupljanje zlata u fizičkom obliku. Znali su da se zlato više poštuje kao zaliha vrednosti širom sveta od papirnih dolara.

Ako posedujete svoje zlato na nekoj od aplikacija za trgovanje akcijama, možete se kladiti da će vam ga država oduzeti ako joj zatreba. Čak i ako posedujete fizičko zlato, onda ga izlažete mogućnosti krađe – od strane kriminalca ili vaše vlade.

Vaša uštedjevina nije bezbedna.

Rast cena svih gore navedenih sredstava zavisi od našeg trenutnog političkog i ekonomskog sistema koji se nastavlja kao i tokom proteklih 100 godina. Međutim, danas vidimo ogromne pukotine u ovom sistemu.

Sistem ne funkcioniše dobro za većinu ljudi.

Od 1971. plate većine američkih radnika nisu rasle. S druge strane, bogatstvo koje imaju najbogatiji u društvu nalazi se na nivoima koji nisu viđeni više od 80 godina. U međuvremenu, ljudi sve manje i manje veruju institucijama poput banaka i vlada.

EPI Plate VS Produktivnost

CBPP Nejednakost Bogatstva Tokom Vremena

Edelman Studija Poverenja

Širom sveta možemo videti dokaze o slamanju sistema kroz politički ekstremizam: izbor Trampa i drugih ekstremističkih desničarskih kandidata, Bregzit, pokret Occupy, popularizacija koncepta univerzalnog osnovnog dohotka, povratak pojma „socijalizam“ nazad u modu. Ljudi na svim delovima političkog i društvenog spektra osećaju problematična vremena i posežu za sve radikalnijim rešenjima.

Šta je bolje za štednju od dolara, kuća i akcija?

Pa kako ljudi mogu da štede novac u ovim teškim vremenima? Ili ne koriste tradicionalne valute, ili kupuju sredstva koja će zadržati vrednost u teškim vremenima.

Bitcoin ima najviše potencijala da zadrži vrednost kroz politička i ekonomska previranja od bilo koje druge imovine. Na tom putu će biti rupa na kojima će se rušiti ili pumpati, međutim, njegova svojstva čine ga takvim da će verovatno preživeti previranja kada druga imovina ne bude to mogla.

Šta Bitcoin čini drugačijim?

Bitcoini su retki.

Proces ‘rudarenja’ bitcoin-a, proizvodnju bitcoin-a čini veoma skupom, a Bitcoin protokol ograničava ukupan broj bitcoin-a na 21 milion novčića. To čini Bitcoin imunim na nagle poraste ponude. Ovo se veoma razlikuje od tradicionalnih valuta, koje vlade mogu da štampaju sve više kad god one to požele. Zapamtite, povećanje ponude vrši veliki pritisak na vrednost valute.

Bitcoini nemaju drugu ugovornu stranu.

Bitcoin se takođe razlikuje od imovine kao što su obveznice, akcije i kuće, jer mu nedostaje druga ugovorna strana. Druge ugovorne strane su drugi subjekti uključeni u vrednost sredstva, koji to sredstvo mogu obezvrediti ili vam ga uzeti. Ako imate hipoteku na svojoj kući, banka je druga ugovorna strana. Kada sledeći put dođe do velikog finansijskog kraha, banka vam može oduzeti kuću. Kompanije su kvazi-ugovorne strane akcijama i obveznicama, jer mogu da počnu da donose loše odluke koje utiču na njihovu cenu akcija ili na „neizvršenje“ duga (da ga ne vraćaju vama ili drugim poveriocima). Bitcoin nema ovih problema.

Bitcoin je pristupačan.

Svako sa 5 eura i mobilnim telefonom može da kupi i poseduje mali deo bitcoin-a. Važno je da znate da ne morate da kupite ceo bitcoin. Bitcoin-i su deljivi do 100-milionite jedinice, tako da možete da kupite Bitcoin u vrednosti od samo nekoliko eura. Neuporedivo lakše nego kupovina kuće, zlata ili akcija!

Bitcoin se ne može konfiskovati.

Banke drže većinu vaših eura, zlata i akcija za vas. Većina ljudi u razvijenom svetu veruje bankama, jer većina ljudi koji žive u današnje vreme nikada nije doživela konfiskaciju imovine ili ’šišanje’ od strane banaka ili vlada. Nažalost, postoji presedan za konfiskaciju imovine čak i u demokratskim zemljama sa snažnom vladavinom prava.

Kada vlada konfiskuje imovinu, ona obično ubedi javnost da će je menjati za imovinu jednake vrednosti. U SAD-u 1930-ih, vlada je davala dolare vlasnicima zlata. Vlada je znala da uvek može da odštampa još više dolara, ali da ne može da napravi više zlata. Na Kipru 2012. godine, jedna propala banka je svojim klijentima dala deonice banke da pokrije dolare klijenata koje je banka trebala da ima. I dolari i deonice su strmoglavo opali u odnosu na imovinu koja je uzeta od ovih ljudi.

Doći do bitcoin-a koji ljudi poseduju, biće mnogo teže jer se bitcoin-i mogu čuvati u novčaniku koji ne poseduje neka treća strana, a vi možete čak i da zapamtite privatne ključeve do vašeg bitcoin-a u glavi.

Bitcoin je za štednju.

Bitcoin se polako pokazuje kao najbolja opcija za dugoročnu štednju novca, posebno s obzirom na današnju ekonomsku klimu. Posedovanje čak i malog dela, je polisa osiguranja koja se isplati ako svet i dalje nastavi da ludi. Cena Bitcoin-a u dolarima može divlje da varira u roku od godinu ili dve, ali tokom 3+ godine skoro svi vide slične ili više cene od trenutka kada su ga kupili. U stvari, doslovno niko nije izgubio novac čuvajući Bitcoin duže od 3,5 godine – čak i ako je kupio BTC na apsolutnim vrhovima tržišta.

Imajte na umu da nakon ove tačke ti ljudi više nikada nisu videli rizik od gubitka. Cena se nikada nije smanjila niže od najviše cene u prethodnom ciklusu.

Po čemu se Bitcoin razlikuje od ostalih valuta?

Bitcoin funkcioniše tako dobro kao način štednje zbog svog neobičnog dizajna, koji ga čini drugačijim od bilo kog drugog oblika novca koji je postojao pre njega. Bitcoin je digitalna valuta, prvi i verovatno jedini primer valute koja ima ograničenu ponudu dok radi na otvorenom, decentralizovanom sistemu. Vlade strogo kontrolišu valute koje danas koristimo, poput dolara i eura, i proizvode ih za finansiranje ratova i dugova. Korisnici Bitcoin-a – poput vas – kontrolišu Bitcoin protokol.

Evo šta Bitcoin razlikuje od dolara, eura i drugih valuta:

Bitcoin je otvoren sistem.

Svako može da odluči da se pridruži Bitcoin mreži i primeni pravila softverskog protokola, što je dovelo do vrlo decentralizovanog sistema u kojem nijedan pojedinac ili entitet ne može da blokira transakciju, zamrzne sredstva ili da ukrade od druge osobe.Današnji savremeni bankarski sistem se uveliko razlikuje. Nekoliko banaka je dobilo poverenje da gotovo sve valute, akcije i druge vredne predmete čuvaju na “sigurnom” za svoje klijente. Da biste postali banka, potrebni su vam milioni dolara i neverovatne količine političkog uticaja. Da biste pokrenuli Bitcoin čvor i postali „svoja banka“, potrebno vam je nekoliko stotina dolara i jedno slobodno popodne.

Tako izgleda Bitcoin čvor – Node MyNode čvor vam omogućava da postanete svoja banka za samo nekoliko minuta.

Bitcoin ima ograničenu ponudu.

Softverski protokol otvorenog koda koji upravlja Bitcoin sistemom ograničava broj novih bitcoin-a koji se mogu stvoriti tokom vremena, sa ograničenjem od ukupno 21.000.000 bitcoin-a. S druge strane, valute koje danas koristimo imaju neograničenu ponudu. Istorija i sadašnje odluke centralnih banaka govore nam da će vlade uvek štampati sve više i više valuta, sve dok valuta ne bude bezvredna. Sve ovo štampanje uzrokuje inflaciju, što pravi štetu običnim radnim ljudima i štedišama.

Tradicionalne valute su dizajnirane tako da opadaju vremenom. Svaki put kada centralna banka kaže da cilja određenu stopu inflacije, oni ustvari kažu da žele da vaš novac svake godine izgubi određeni procenat svoje vrednosti.

Bitcoin-ova ograničena ponuda znači da je on tako dizajniran da raste vremenom kako se potražnja za njim povećava.

Bitcoin putuje oko sveta za nekoliko minuta.

Svako može da pošalje bitcoin-e za nekoliko minuta širom sveta, bez obzira na granice, banke i vlade. Potrebno je manje od minuta da se transakcija pojavi na novčaniku primaoca i oko 60 minuta da se transakcija u potpunosti „obračuna“, tako da primaoc može da bude siguran da su primljeni bitcoin-i sada njegovi (6 konfirmacija bloka). Slanje drugih valuta širom sveta traje danima ili čak mesecima ako se šalju milionski iznosi, a podrazumeva i visoke naknade.

Neke vlade i novinari tvrde da ova sloboda putovanja koju pruža Bitcoin pomaže kriminalcima i teroristima. Međutim, transakciju Bitcoin-a je lakše pratiti nego većinu transakcija u dolarima ili eurima.

Bitcoin se može čuvati na “USB-u”.

Dizajn Bitcoin-a je takav da vam treba samo da čuvate privatni ključ do svojih ‘bitcoin’ adresa (poput lozinke do bankovnih računa) da biste pristupili svojim bitcoin-ima odakle god poželite. Ovaj privatni ključ možete da sačuvate na disku ili na papiru u obliku 12 ili 24 reči na engleskom jeziku. Kao rezultat toga, možete da držite Bitcoin-e vredne milione dolara u svojoj šaci.

Sve ostale valute danas možete ili da strpate u svoj dušek ili da ih poverite banci na čuvanje. Za većinu ljudi koji žive u razvijenom svetu, i koji ne osporavaju autoritet i poverenje u banku, ovo deluje sasvim dobro. Međutim, oni kojima je potrebno da pobegnu od ugnjetavačke vlade ili koji naljute pogrešne ljude, ne mogu verovati bankama. Za njih je sposobnost da nose svoju ušteđevinu bez potrebe za ogromnim koferom neprocenjiva. Čak i ako ne živite na mestu poput ovog, cena Bitcoin-a se i dalje povećava kada ih neko kome oni trebaju kupi.

Kako Bitcoin spašava svet?

Bitcoin, kao ultimativni način štednje, je cakum pakum, ali da li on pomaže u poboljšanju sveta u celini?

Kao što ćete početi da shvatate, ulazeći sve dublje i u druge sadržaje na ovoj stranici, mnogi temeljni delovi našeg današnjeg monetarnog sistema i ekonomije su duboko slomljeni. Međutim, oni koji upravljaju imaju korist od ovakvih sistema, pa se on verovatno neće promeniti bez revolucije ili mirnog svrgavanja od strane naroda. Bitcoin predstavlja novi sistem, sa nekoliko glavnih prednosti:

• Bitcoin popravlja novac, koji je milenijumima služio kao važan alat za rast i poboljšanje društva.
• Bitcoin vraća zdrav razum pozajmljivanju, uklanjanjem apsurdnih situacija poput negativnih kamatnih stopa (gde zajmitelj plaća da bi se zadužio).
• Bitcoin pokreće ulaganja u obnovljive izvore energije i poboljšava energetsku efikasnost u mreži, služeći kao „krajnji kupac“ za sve vrste energije.

Kako mogu da saznam više o Bitcoin-u?

Ovaj članak vam je dao osnovno razumevanje zašto biste trebali razmišljati o Bitcoin-u. Ako želite da saznate više, preporučujem ove resurse:

• Film Bitcoin: Kraj Novca Kakav Poznajemo
• Još uvek je rano za Bitcoin
• Zasto baš Bitcoin?
• Šta je to Bitcoin?
• The Bitcoin Whitepaper ← objavljen 2008. godine, ovo je izložio dizajn za Bitcoin.

@ 8bad92c3:ca714aa5

Marty's Bent

Here's a great presentation from our good friend Michael Goldstein, President of The Nakamoto Institute titled Hodl for Good. He gave it earlier this year at the BitBlockBoom Conference, and I think it's something everyone reading this should take 25 minutes to watch. Especially if you find yourself wondering whether or not it's a good idea to spend bitcoin at any given point in time. Michael gives an incredible Austrian Economics 101 lesson on the importance of lowering one's time preference and fully understanding the importance of hodling bitcoin. For the uninitiated, it may seem that the hodl meme is nothing more than a call to hoard bitcoins in hopes of getting rich eventually. However, as Michael points out, there's layers to the hodl meme and the good that hodling can bring individuals and the economy overall.

The first thing one needs to do to better understand the hodl meme is to completely flip the framing that is typically thrust on bitcoiners who encourage others to hodl. Instead of ceding that hodling is a greedy or selfish action, remind people that hodling, or better known as saving, is the foundation of capital formation, from which all productive and efficient economic activity stems. Number go up technology is great and it really matters. It matters because it enables anybody leveraging that technology to accumulate capital that can then be allocated toward productive endeavors that bring value to the individual who creates them and the individual who buys them.

When one internalizes this, it enables them to turn to personal praxis and focus on minimizing present consumption while thinking of ways to maximize long-term value creation. Live below your means, stack sats, and use the time that you're buying to think about things that you want in the future. By lowering your time preference and saving in a harder money you will have the luxury of demanding higher quality goods in the future. Another way of saying this is that you will be able to reshape production by voting with your sats. Initially when you hold them off the market by saving them - signaling that the market doesn't have goods worthy of your sats - and ultimately by redeploying them into the market when you find higher quality goods that meet the standards desire.

The first part of this equation is extremely important because it sends a signal to producers that they need to increase the quality of their work. As more and more individuals decide to use bitcoin as their savings technology, the signal gets stronger. And over many cycles we should begin to see low quality cheap goods exit the market in favor of higher quality goods that provide more value and lasts longer and, therefore, make it easier for an individual to depart with their hard-earned and hard-saved sats. This is only but one aspect that Michael tries to imbue throughout his presentation.

The other is the ability to buy yourself leisure time when you lower your time preference and save more than you spend. When your savings hit a critical tipping point that gives you the luxury to sit back and experience true leisure, which Michael explains is not idleness, but the contemplative space to study, create art, refine taste, and to find what "better goods" actually are. Those who can experience true leisure while reaping the benefits of saving in a hard asset that is increasing in purchasing power significantly over the long term are those who build truly great things. Things that outlast those who build them. Great art, great monuments, great institutions were all built by men who were afforded the time to experience leisure. Partly because they were leveraging hard money as their savings and the place they stored the profits reaped from their entrepreneurial endeavors.

If you squint and look into the future a couple of decades, it isn't hard to see a reality like this manifesting. As more people begin to save in Bitcoin, the forces of supply and demand will continue to come into play. There will only ever be 21 million bitcoin, there are around 8 billion people on this planet, and as more of those 8 billion individuals decide that bitcoin is the best savings vehicle, the price of bitcoin will rise.

When the price of bitcoin rises, it makes all other goods cheaper in bitcoin terms and, again, expands the entrepreneurial opportunity. The best part about this feedback loop is that even non-holders of bitcoin benefit through higher real wages and faster tech diffusion. The individuals and business owners who decide to hodl bitcoin will bring these benefits to the world whether you decide to use bitcoin or not.

This is why it is virtuous to hodl bitcoin. The potential for good things to manifest throughout the world increase when more individuals decide to hodl bitcoin. And as Michael very eloquently points out, this does not mean that people will not spend their bitcoin. It simply means that they have standards for the things that they will spend their bitcoin on. And those standards are higher than most who are fully engrossed in the high velocity trash economy have today.

In my opinion, one of those higher causes worthy of a sats donation is The Nakamoto Institute. Consider donating so they can preserve and disseminate vital information about bitcoin and its foundations.

The Shell Game: How Health Narratives May Distract from Vaccine Risks

In our recent podcast, Dr. Jack Kruse presented a concerning theory about public health messaging. He argues that figures like Casey and Callie Means are promoting food and exercise narratives as a deliberate distraction from urgent vaccine issues. While no one disputes healthy eating matters, Dr. Kruse insists that focusing on "Froot Loops and Red Dye" diverts attention from what he sees as immediate dangers of mRNA vaccines, particularly for children.

"It's gonna take you 50 years to die from processed food. But the messenger jab can drop you like Damar Hamlin." - Dr Jack Kruse

Dr. Kruse emphasized that approximately 25,000 children per month are still receiving COVID vaccines despite concerns, with 3 million doses administered since Trump's election. This "shell game," as he describes it, allows vaccines to remain on childhood schedules while public attention fixates on less immediate health threats. As host, I believe this pattern deserves our heightened scrutiny given the potential stakes for our children's wellbeing.

Check out the full podcast here for more on Big Pharma's alleged bioweapons program, the "Time Bank Account" concept, and how Bitcoin principles apply to health sovereignty.

Headlines of the Day

Aussie Judge: Bitcoin is Money, Possibly CGT-Exempt - via X

JPMorgan to Let Clients Buy Bitcoin Without Direct Custody - via X

Get our new STACK SATS hat - via tftcmerch.io

Mubadala Acquires $408.5M Stake in BlackRock Bitcoin ETF - via X

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Ten31, the largest bitcoin-focused investor, has deployed 158,469 sats | $150.00M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/invest.

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Final thought...

I've been walking from my house around Town Lake in Austin in the mornings and taking calls on the walk. Big fan of a walking call.

---

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[![Hodl Bitcoin For Good](https://www.tftc.io/conten

@ 866e0139:6a9334e5

Autor: Ludwig F. Badenhagen. Dieser Beitrag wurde mit dem Pareto-Client geschrieben. Sie finden alle Texte der Friedenstaube und weitere Texte zum Thema Frieden hier. Die neuesten Pareto-Artikel finden Sie auch in unserem Telegram-Kanal.

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Die neuesten Artikel der Friedenstaube gibt es jetzt auch im eigenen Friedenstaube-Telegram-Kanal.

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Wer einhundert Prozent seines Einkommens abgeben muss, ist sicher ein Sklave, oder? Aber ab wieviel Prozent Pflichtabgabe ist er denn kein Sklave mehr? Ab wann ist er frei und selbst-bestimmt?

Wer definieren möchte, was ein Sklave ist, sollte nicht bei Pflichtabgaben verweilen, denn die Fremdbestimmtheit geht viel weiter. Vielfach hat der gewöhnliche Mensch wenig Einfluss darauf, wie er und seine Familie misshandelt wird. Es wird verfügt, welche Bildung, welche Nahrung, welche Medikamente, welche Impfungen und welche Kriege er zu erdulden hat. Hierbei erkennt der gewöhnliche Mensch aber nur, wer ihm direkt etwas an-tut. So wie der Gefolterte bestenfalls seinen Folterer wahrnimmt, aber nicht den, in dessen Auftrag dieser handelt, so haben die vorbezeichnet Geschädigten mit Lehrern, „Experten“, Ärzten und Politikern zu tun. Ebenfalls ohne zu wissen, in wessen Auftrag diese Leute handeln. „Führungssysteme“ sind so konzipiert, dass für viele Menschen bereits kleinste wahrgenommene Vorteile genügen, um einem anderen Menschen Schlimmes anzutun.

Aber warum genau wird Menschen Schlimmes angetan? Die Gründe dafür sind stets dieselben. Der Täter hat ein Motiv und Motivlagen können vielfältig sein. 

Wer also ein Motiv hat, ein Geschehen zu beeinflussen, motiviert andere zur Unterstützung. Wem es gelingt, bei anderen den Wunsch zu erwecken, das zu tun, was er möchte, ist wirklich mächtig. Und es sind die Mächtigen im Hintergrund, welche die Darsteller auf den Bühnen dieser Welt dazu nutzen, die Interessen der wirklich Mächtigen durchzusetzen. Insbesondere die letzten fünf Jahre haben eindrucksvoll gezeigt, wie willfährig Politiker, Ärzte, Experten und viele weitere ihre jeweiligen Aufträge gegen die Bevölkerung durchsetz(t)en.

Und so geschieht es auch beim aktuellen Krieg, der stellvertretend auf dem europäischen Kontinent ausgetragen wird. Parolen wie „nie wieder Krieg“ gehören der Vergangenheit an. Stattdessen ist nunmehr wieder der Krieg und nur der Krieg geeignet, um „Aggressionen des Gegners abzuwehren“ und um „uns zu verteidigen“. 

Das hat mindestens drei gute Gründe:

1. Mit einem Krieg können Sie einem anderen etwas wegnehmen, was er freiwillig nicht herausrückt. Auf diese Weise kommen Sie an dessen Land, seine Rohstoffe und sein Vermögen. Sie können ihn beherrschen und Ihren eigenen Einfluss ausbauen. Je mehr Ihnen gehört, um so besser ist das für Sie. Sie müssen sich weniger abstimmen und Widersacher werden einfach ausgeschaltet.
2. Wenn etwas über einen langen Zeitraum aufgebaut wurde, ist es irgendwann auch einmal fertig. Um aber viel Geld verdienen und etwas nach eigenen Vorstellungen gestalten zu können, muss immer wieder etwas Neues erschaffen werden, und da stört das Alte nur. Demzufolge ist ein Krieg ein geeignetes Mittel, etwas zu zerstören. Und das Schöne ist, dass man von Beginn an viel Geld verdient. Denn man muss dem indoktrinierten Volk nur vormachen, dass der Krieg „unbedingt erforderlich“ sei, um das Volk dann selbst bereitwillig für diesen Krieg bezahlen und auch sonst engagiert mitwirken zu lassen. Dann kann in Rüstung und „Kriegstauglichkeit“ investiert werden. Deutschland soll dem Vernehmen nach bereits in einigen Jahren „kriegstauglich“ sein. Der Gegner wartet sicher gerne mit seinen Angriffen, bis es so weit ist.
3. Und nicht zu vergessen ist, dass man die vielen gewöhnlichen Menschen loswird. Schon immer wurden Populationen „reguliert“. Das macht bei Tieren ebenfalls so, indem man sie je nach „Erfordernis“ tötet. Und bei kollabierenden Systemen zu Zeiten von Automatisierung und KI unter Berücksichtigung der Klimarettung wissen doch mittlerweile alle, dass es viel zu viele Menschen auf dem Planeten gibt. Wenn jemand durch medizinische Misshandlungen oder auch durch einen Krieg direkt stirbt, zahlt dies auf die Lösung des Problems ein. Aber auch ein „Sterben auf Raten“ ist von großem Vorteil, denn durch die „fachmännische Behandlung von Verletzten“ bis zu deren jeweiligen Tode lässt sich am Leid viel verdienen.

Sie erkennen, dass es sehr vorteilhaft ist, Kriege zu führen, oder? Und diese exemplarisch genannten drei Gründe könnten noch beliebig erweitert werden. 

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DIE FRIEDENSTAUBE FLIEGT AUCH IN IHR POSTFACH!

Hier können Sie die Friedenstaube abonnieren und bekommen die Artikel zugesandt, vorerst für alle kostenfrei, wir starten gänzlich ohne Paywall. (Die Bezahlabos fangen erst zu laufen an, wenn ein Monetarisierungskonzept für die Inhalte steht). Sie wollen der Genossenschaft beitreten oder uns unterstützen? Mehr Infos hier oder am Ende des Textes.

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Das Einzige, was gegen Kriegsereignisse sprechen könnte, wäre, dass man selbst niemandem etwas wegnehmen möchte, was ihm gehört, und dass man seinen Mitmenschen nicht schaden, geschweige denn diese verletzen oder gar töten möchte. 

In diesem Zusammenhang könnte man auch erkennen, dass die, die nach Krieg rufen, selbst nicht kämpfen. Auch deren Kinder nicht. Man könnte erkennen, dass man selbst nur benutzt wird, um die Interessen anderer durchzusetzen. Wie beim Brettspiel Schach hat jede Figur eine Funktion und keinem Spieler ist das Fortbestehen eines Bauern wichtig, wenn seine Entnahme dem Spielgewinn dient. Wer Krieg spielt, denkt sicher ähnlich.

Meine beiden Großväter waren Soldaten im zweiten Weltkrieg und erlebten die Grausamkeiten des Krieges und der Gefangenschaft so intensiv, dass sie mit uns Enkeln zu keiner Zeit hierüber sprechen konnten, da sie wohl wussten, dass uns allein ihre Erzählungen zutiefst traumatisiert hätten. Die Opas waren analog dem, was wir ihnen an Information abringen konnten, angeblich nur Sanitäter. Sanitäter, wie auch die meisten Großväter aus der Nachbarschaft. Wer aber jemals beobachten konnte, wie unbeholfen mein Opa ein Pflaster aufgebracht hat, der konnte sich denken, dass seine vermeintliche Tätigkeit als Sanitäter eine Notlüge war, um uns die Wahrheit nicht vermitteln zu müssen.

Mein Opa war mein bester Freund und mir treibt es unverändert die Tränen in die Augen, sein erlebtes Leid nachzuempfinden. Und trotz aller seelischen und körperlichen Verletzungen hat er nach seiner Rückkehr aus der Kriegshölle mit großem Erfolg daran gearbeitet, für seine Familie zu sorgen.

Manchmal ist es m. E. besser, die Dinge vom vorhersehbaren Ende aus zu betrachten, um zu entscheiden, welche Herausforderungen man annimmt und welche man besser ablehnt. Es brauchte fast 80 Jahre, um die Deutschen erneut dafür zu begeistern, Ihre Leben „für die gute Sache“ zu opfern. Was heutzutage aber anders ist als früher: Einerseits sind die Politiker dieser Tage sehr durchschaubar geworden. Aber in einem ähnlichen Verhältnis, wie die schauspielerischen Leistungen der Politiker abgenommen haben, hat die Volksverblödung zugenommen. 

Denken Sie nicht nach. Denken Sie stattdessen vor. Und denken Sie selbst. Für sich, Ihre Lieben und alle anderen Menschen. Andernfalls wird die Geschichte, so wie sie von meinen Opas (und Omas) erlebt wurde, mit neuen Technologien und „zeitgemäßen Methoden“ wiederholt. Dies führt zweifelsfrei zu Not und Tod.

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LASSEN SIE DER FRIEDENSTAUBE FLÜGEL WACHSEN!

Hier können Sie die Friedenstaube abonnieren und bekommen die Artikel zugesandt.

Schon jetzt können Sie uns unterstützen:

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Wenn Sie auf anderem Wege beitragen wollen, schreiben Sie die Friedenstaube an: friedenstaube@pareto.space

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Sie sind noch nicht auf Nostr and wollen die volle Erfahrung machen (liken, kommentieren etc.)? Zappen können Sie den Autor auch ohne Nostr-Profil! Erstellen Sie sich einen Account auf Start. Weitere Onboarding-Leitfäden gibt es im Pareto-Wiki.

@ 4c96d763:80c3ee30

Changes

William Casarin (19):

• dave: add screenshot to readme
• dave: fix image in readme
• columns: remove spamming info logs about writing to cache
• columns: never truncate notes you're replying to
• windows: don't show terminal window
• mention: show username instead of display_name
• chrome: switch from ALPHA to BETA
• ui: make post replies selectable
• dave: include anonymous user identifier in api call
• dave: add trial mode
• dave: fix sidebar click
• dave: nudge avatar when you click
• dave: hide media in dave note previews
• chrome: fix theme persistence
• ui: fix a bunch of missing hover pointers
• Release Notedeck Beta v0.4.0
• release: changelog
• timeline: show media on universe timeline
• clippy: fix lint related to iterator

kernelkind (28):

• add trust_media_from_pk2 method
• add hashbrown
• introduce & use JobPool
• introduce JobsCache
• add blurhash dependency
• introduce blur
• note: remove unnecessary derive macros from NoteAction
• propagate JobsCache
• ImagePulseTint -> PulseAlpha
• images: move fetch to fn
• add TexturesCache
• images: make MediaCache hold MediaCacheType
• images: make promise payload optional to take easily
• post: unnest
• notedeck_ui: move carousel to note/media.rs
• note media: only show full screen when loaded
• note media: unnest full screen media
• pass NoteAction by value instead of reference
• propagate Images to actionbar
• add one shot error message
• make Widget impl ProfilePic mutably
• implement blurring
• don't show zap button if no wallet
• display name should wrap
• make styled button toggleable
• method to get current default zap amount
• add CustomZapView
• use CustomZapView

pushed to notedeck:refs/heads/master

@ 1817b617:715fb372

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Flash USDT is ideal for developers, trainers, UI testers, and blockchain researchers — and it’s fully customizable.

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What Is Flash USDT?

Flash USDT is a synthetic transaction that mimics a real Tether transfer. It shows up instantly in a wallet balance, and it’s confirmed on-chain — and expires after a set duration.

This makes it:

• Visible on wallet interfaces
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Feature	Flash USDT	Flash USDT Software
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 WhatsApp: +1 770-666-2531

@ d41bf82f:ed90d888

“ประเด็นแท้จริงคือเรื่องของการควบคุม—อินเทอร์เน็ตแพร่ขยายกว้างไกลเกินกว่าที่รัฐบาลใดจะครอบงำได้โดยง่าย ด้วยการสร้างเขตเศรษฐกิจระดับโลกที่ไร้รอยต่อ ไม่ขึ้นต่ออธิปไตย และอยู่นอกเหนือการควบคุม อินเทอร์เน็ตจึงตั้งคำถามต่อแนวคิดของรัฐชาติในตัวมันเอง” — JOHN PERRY BARLOW

บทนี้เริ่มต้นด้วยการวิพากษ์แนวคิด ทางด่วนข้อมูล ว่าเป็นคำอุปมาอุปมัยที่ยังยึดติดกับโลกยุคอุตสาหกรรม เพราะเศรษฐกิจยุคสารสนเทศไม่ใช่แค่โครงสร้างพื้นฐานสำหรับขนส่งข้อมูล แต่คือ จุดหมายปลายทาง ใหม่ในตัวเอง นั่นคือ ไซเบอร์สเปซ —ดินแดนที่ก้าวข้ามขอบเขตทางภูมิศาสตร์โดยสิ้นเชิง

ไซเบอร์สเปซคือพื้นที่ใหม่ของปฏิสัมพันธ์ทางสังคม เศรษฐกิจ และการเมือง ซึ่งไม่สามารถควบคุมโดยรัฐชาติแบบเดิมได้อีกต่อไป ผู้เขียนยกคำของ John Perry Barlow ที่เปรียบไซเบอร์สเปซเป็น “ดินแดนแห่งเสรีภาพ” ที่ไม่ยึดโยงกับสถานที่จริง และเปิดโอกาสให้ทุกคนแสดงความคิดเห็นได้อย่างไร้การควบคุม

การเปลี่ยนผ่านนี้ส่งผลกระทบรุนแรงต่อโครงสร้างของเศรษฐกิจแบบเดิม การเข้าถึงข้อมูลอย่างรวดเร็วแบบไร้ขอบเขตเปรียบเสมือนตัวทำละลายที่กัดกร่อนต้นทุนของสถาบันขนาดใหญ่ ทั้งภาครัฐและเอกชน ไมโครโพรเซสซิงจะเปลี่ยนรูปแบบขององค์กรและแนวคิดเรื่องสถานที่ในทางเศรษฐกิจอย่างสิ้นเชิง

ตลอดประวัติศาสตร์ เศรษฐกิจผูกติดกับพื้นที่ทางภูมิศาสตร์ การเดินทางเป็นเรื่องยากและจำกัด การค้าขายส่วนใหญ่เกิดในระดับท้องถิ่น ภาษา วัฒนธรรม และภูมิประเทศเป็นอุปสรรคทางการเมืองเสมอ จนถึงกับที่ผู้เขียนกล่าวว่า การเมืองทั้งหมดเป็นเรื่องท้องถิ่น

แต่เทคโนโลยีสมัยใหม่กำลังเปลี่ยนสมการนี้ การสื่อสารและขนส่งที่รวดเร็วทำให้ผู้มีความสามารถสามารถเลือกสถานที่อยู่อาศัยหรือทำงานได้อย่างเสรี ลดอำนาจต่อรองของรัฐบาลในพื้นที่นั้นลง เพราะคนสามารถ “หนี” ได้ง่ายขึ้น หากรัฐบาลกดขี่หรือรีดไถ

แม้อินเทอร์เน็ตยุคแรกจะดูธรรมดา เช่น ใช้อ่านบทความหรือสั่งซื้อสินค้า แต่ศักยภาพที่แท้จริงของเศรษฐกิจไซเบอร์นั้นยิ่งใหญ่มาก ผู้เขียนเสนอว่ามันจะพัฒนาเป็นสามขั้น: 1. ขั้นพื้นฐาน: อินเทอร์เน็ตเป็นเพียงช่องทางเพิ่มประสิทธิภาพธุรกิจแบบเดิม (เช่น เว็บขายสินค้าขายของออนไลน์ เช่น อเมซอน) 2. ขั้นพัฒนา: การเกิดขึ้นของเงินดิจิทัลที่เข้ารหัสและไม่สามารถติดตามได้ จะปลดปล่อยธุรกรรมจากการควบคุมและการจัดเก็บภาษีของรัฐ 3. ขั้นก้าวหน้า: ไซเบอร์สเปซจะมีระบบเศรษฐกิจ กฎหมาย และกลไกคุ้มครองของตัวเอง ปราศจากการควบคุมจากรัฐบาลใด ๆ

ในโลกใหม่นี้ Sovereign Individual หรือ “ปัจเจกผู้มีอธิปไตย” จะสามารถสร้างความมั่งคั่งและดำเนินกิจกรรมในไซเบอร์สเปซได้อย่างเป็นอิสระ โดยไม่ต้องอิงรัฐชาติ รัฐจึงจะถูกบีบให้ลดขนาดและเปลี่ยนบทบาทจากผู้ใช้อำนาจกลายเป็นผู้ให้บริการที่ต้องแข่งขันเพื่อความพึงพอใจของพลเมือง

สามารถไปติดตามเนื้อหาแบบ short vdo ที่สรุปประเด็นสำคัญจากแต่ละบท พร้อมกราฟิกและคำอธิบายกระชับ เข้าใจง่าย ได้ที่ TikTok ช่อง https://www.tiktok.com/@moneyment1971

@ 9be6a199:6e133301

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@ 9be6a199:6e133301

@ 91117f2b:111207d6

Crypto currency is now a buzzword in the financial world. Many people are wondering what it is all about. In my article I will break down the basis of crypto currency and at the same time explore it's basis and risks.

MANY ASKS "WHAT IS CRYPTO CURRENCY

Crypto currency is a virtual or digital currency that uses cryptography for security. Which means it is not controlled by government or financial institutions. The transaction are recorded on a public ledger also called a blockchain which ensures the transparency and security of crypto currency.

MANY ASKS HOW DOES IT WORK

Crypto currency has different stages such as the mining, transaction and the wallet stage. THE MINING STAGE: Crypto currency is created through a process which is described as mining, and where your hardwares or computer solve complex mathematical problem to validate your transaction and create new coins.

TRANSACTION STAGE: crypto currency can be be traded for other currencies, they can also be used to buy goods and services online.

WALLET: crypto currency is stored digitally which can be accessed through your hardwares or even your softwares.

THEY ARE BENEFITS AND RISKS FOR CRYPTO CURRENCY

HERE ARE SOME BENEFITS 1. Decentralization :decentralization gives users more control over their money, because crypto currency operates independently of government and banks.

1. ACCESSIBILITY: crypto currency can be accessed by anyone through the use of internet making it to be a solution for finances.
2. SECURITY: the transactions of crypto currencies are secure and also transparent through the aid of blockchain technology.

HERE ARE SOME RISKS

1. SECURITY RISKS: during exchange in crypto currency wallets can be vulnerable to hacking and cyber theft.

2. VOLATILITY: crypto currency can fluctuate or tends to fluctuate rapidly making it a risky investment.

3. REGULATORY UNCERTAINTY: the rules and regulations of crypto currency is still evolving, which can create uncertainty and risks for investors.

SOME POPULAR CRYPTO CURRENCIES

1. BITCOIN: it is the most reknown crypto currency and is often a gold standard for digital currencies.

2. ETHERIUM: it is a popular platform for building decentralized applications. Etherium has its own crypto currency called Ether.

3. ALTCOINS: they are other crypto currenciss like montero, lite coin and so on, which offers alternatives.

IN CONCLUSION

Crypto currency is complex and it is rapidly evolving, both with benefit and risks. It is essential to stay updated and informed to understand the changes both opportunities and challenges. I assure you whatever you do for a living crypto currency is worth your time and explorations.

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Records Highest Weekly Close Above $106K

Bitcoin has officially recorded its highest-ever weekly candle close, finishing the week at $106,516. The milestone was achieved on Sunday evening, marking a notable moment in Bitcoin’s ongoing price history and underscoring growing institutional and retail interest.

JUST IN: $107,000 #Bitcoin pic.twitter.com/Xt1JLm0Ke6

— Bitcoin Magazine (@BitcoinMagazine) May 19, 2025

This weekly close sets a new benchmark for BTC’s price performance and positions the asset in a historically rare range. As of Monday, Bitcoin is trading at $102,924, reflecting typical price movement following a new high as markets adjust to key levels. 

Historical data helps illustrate the significance of this moment. According to an analysis shared by on-chain researcher Dan, Bitcoin has closed above $106,439 only once—this week—accounting for just 0.02% of its entire trading history. Closures above $100,000 have occurred in only 40 days total. Even levels like $75,000 and $50,000 remain relatively uncommon in Bitcoin’s lifespan, appearing on just 181 and 586 days, respectively.

pic.twitter.com/fotyiDiyY4

— Dan (@robustus) May 19, 2025

This data highlights how current prices place Bitcoin in a historically narrow range of time — a reflection of the long-term upward trend of the asset over the past decade. For market participants, this type of price action often serves as an indicator of continued momentum and interest in Bitcoin’s role as a digital store of value. 

The broader Bitcoin ecosystem continues to show strength, with on-chain metrics reflecting growing user engagement and long-term holder confidence. Notably, activity on the Bitcoin network remains elevated, with transaction volumes and address growth signaling continued adoption. Analysts are closely watching inflows into Bitcoin-focused ETFs and the behavior of long-term holders, both of which are key indicators of sustained interest and belief in Bitcoin’s long-term value.

bitcoin just had its all-time high weekly candle close at $106,500 pic.twitter.com/FuqqptHEmA

— Alex Thorn (@intangiblecoins) May 19, 2025

Some traders are watching the $100,000 level closely as a key psychological and technical zone. Bitcoin’s ability to maintain this level following a record weekly close could be important in setting the tone for the weeks ahead. 

While near-term price movements are always part of market dynamics, the latest close represents a milestone in Bitcoin’s history. It reaffirms the asset’s resilience and ongoing relevance in the global financial landscape.

This post Bitcoin Records Highest Weekly Close Above $106K first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 82a7a1ff:2c1e9cdf

Whatever

@ 6b0a60cf:b952e7d4

タイトルは釣りです。そんなこと微塵も思っていません。 本稿はアウトボックスモデルの実装に関してうだうだ考えるコーナーです。 ダムスに関して何か言いたいわけではないので先にタイトル回収しておきます。

• NIP-65を守る気なんかさらさら無いのにNIP-65に書いてあるkind:10002のReadリレーの意味を知っていながら全然違う使い方をしているのは一部の和製クライアントの方だよね
• NIP-65を守る気が無いならkind:10002を使うべきではなく、独自仕様でリレーを保存するべきだよね
• アウトボックスモデルを採用しているクライアントからすれば仕様と異なる実装をしてしまっているクライアントが迷惑だと思われても仕方ないよね
• と考えればダムスの方が潔いよね
• とはいえkind:3のcontentは空にしろって言われてんだからやっぱダムスはゴミだわ
• やるとしたらRabbitみたいにローカルに保存するか、別デバイス間で同期したいならkind:30078を使うべきだよね

アウトボックスモデルはなぜ人気がないのか

言ってることはとてもいいと思うんですよ。 欠点があるとすれば、

• 末端のユーザーからすればreadリレーとwriteリレーと書かれると直感的にイメージされるものとかけ離れている
• 正しく設定してもらうには相当の説明が必要
• フォローTLを表示しようとすれば非常にたくさんのリレーと接続することになり現実的ではない
• なるほど完璧な作戦っスねーっ 不可能だという点に目をつぶればよぉ～

余談ですが昔irisでログインした時に localhost のリレーに繋ごうとしてiris壊れたって思ったけど今思えばアウトボックスモデルを忠実に実装してたんじゃないかな…。

現実的に実装する方法は無いのか

これでReadすべきリレーをシミュレーションできる。 https://nikolat.github.io/nostr-relay-trend/ フォローイーのWriteリレーを全部購読しようとすると100個近いリレー数になるので現実的ではありません。 しかしフォローイーのWriteリレーのうち1個だけでよい、とする条件を仮に追加すると一気にハードルが下がります。私の場合はReadリレー含めて7個のリレーに収まりました。 Nos Haikuはとりあえずこの方針でいくことにしました。

今後どうしていきたいのか

エンドユーザーとしての自分の志向としては、自分が指定したリレーだけを購読してほしい、勝手に余計なリレーを読みに行かないでほしい、という気持ちがあり、現状の和製クライアントの仕様を気に入っています。 仮にNos Haikuでアウトボックスモデルを採用しつつ自分の決めたリレーに接続するハイブリッド実装を考えるとすれば、
あなたの購読するリレーはこれですよー - Read(inbox) Relays (あなたへのメンションが届くリレー) - wss://relay1.example.com/ - wss://relay2.example.com/ - wss://relay3.example.com/ - Followee's Write Relays (フォローイーが書き込んでいるリレー) - wss://relay4.example.com/ - wss://relay5.example.com/ - wss://relay6.example.com/

って出して、チェックボックス付けてON/OFFできるようにして最終的に購読するリレーをユーザーに決めてもらう感じかな……って漠然と考えています。よほど時間を持て余したときがあればやってみるかも。

あとリレーを数は仕方ないとしてリレーごとにフォローイーの投稿だけを取得するようにした方が理にかなってるよね。全部のリレーから全部のフォローイーの投稿を取得しようとしたら(実装はシンプルで楽だけど)通信量が大変だよね。 rx-nostr の Forward Strategy ってリレーごとにREQかえて一度に購読できるっけ？

常にひとつ以下の REQ サブスクリプションを保持します。

って書いてあるから無理なのかな？ あとReadリレーは純粋に自分へのメンション(pタグ付き)イベントのみを購読するようにした方がいい気がする。スパム対策としてかなり有効だと思うので。スパムはNIP-65に準拠したりはしていないでしょうし。 まぁ、NIP-65に準拠していないクライアントからのメンションは届かなくなってしまうわけですが。

@ 3f770d65:7a745b24

🏌️ Monday, May 26 – Bitcoin Golf Championship & Kickoff Party

Location: Las Vegas, Nevada\ Event: 2nd Annual Bitcoin Golf Championship & Kick Off Party"\ Where: Bali Hai Golf Clubhouse, 5160 S Las Vegas Blvd, Las Vegas, NV 89119\ 🎟️ Get Tickets!

Details:

• The week tees off in style with the Bitcoin Golf Championship. Swing clubs by day and swing to music by night.

• Live performances from Nostr-powered acts courtesy of Tunestr, including Ainsley Costello and others.

• Stop by the Purple Pill Booth hosted by Derek and Tanja, who will be on-boarding golfers and attendees to the decentralized social future with Nostr.

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💬 May 27–29 – Bitcoin 2025 Conference at the Las Vegas Convention Center

Location: The Venetian Resort\ Main Attraction for Nostr Fans: The Nostr Lounge\ When: All day, Tuesday through Thursday\ Where: Right outside the Open Source Stage\ 🎟️ Get Tickets!

Come chill at the Nostr Lounge, your home base for all things decentralized social. With seating for \~50, comfy couches, high-tops, and good vibes, it’s the perfect space to meet developers, community leaders, and curious newcomers building the future of censorship-resistant communication.

Bonus: Right across the aisle, you’ll find Shopstr, a decentralized marketplace app built on Nostr. Stop by their booth to explore how peer-to-peer commerce works in a truly open ecosystem.

Daily Highlights at the Lounge:

• ☕️ Hang out casually or sit down for a deeper conversation about the Nostr protocol

• 🔧 1:1 demos from app teams

• 🛍️ Merch available onsite

• 🧠 Impromptu lightning talks

• 🎤 Scheduled Meetups (details below)

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🎯 Nostr Lounge Meetups

Wednesday, May 28 @ 1:00 PM

• Damus Meetup: Come meet the team behind Damus, the OG Nostr app for iOS that helped kickstart the social revolution. They'll also be showcasing their new cross-platform app, Notedeck, designed for a more unified Nostr experience across devices. Grab some merch, get a demo, and connect directly with the developers.

Thursday, May 29 @ 1:00 PM

• Primal Meetup: Dive into Primal, the slickest Nostr experience available on web, Android, and iOS. With a built-in wallet, zapping your favorite creators and friends has never been easier. The team will be on-site for hands-on demos, Q\&A, merch giveaways, and deeper discussions on building the social layer of Bitcoin.

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🎙️ Nostr Talks at Bitcoin 2025

If you want to hear from the minds building decentralized social, make sure you attend these two official conference sessions:

1. FROSTR Workshop: Multisig Nostr Signing

• 🕚 Time: 11:30 AM – 12:00 PM

• 📅 Date: Wednesday, May 28

• 📍 Location: Developer Zone

• 🎤 Speaker: nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgdwaehxw309ahx7uewd3hkcqpqs9etjgzjglwlaxdhsveq0qksxyh6xpdpn8ajh69ruetrug957r3qf4ggfm (Austin Kelsay) @ Voltage\ A deep-dive into FROST-based multisig key management for Nostr. Geared toward devs and power users interested in key security.

2. Panel: Decentralizing Social Media

• 🕑 Time: 2:00 PM – 2:30 PM

• 📅 Date: Thursday, May 29

• 📍 Location: Genesis Stage

• 🎙️ Moderator: nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqy08wumn8ghj7mn0wd68yttjv4kxz7fwv3jhyettwfhhxuewd4jsqgxnqajr23msx5malhhcz8paa2t0r70gfjpyncsqx56ztyj2nyyvlq00heps - Bitcoin Strategy @ Roxom TV

• 👥 Speakers:

• nostr:nprofile1qyt8wumn8ghj7etyv4hzumn0wd68ytnvv9hxgtcppemhxue69uhkummn9ekx7mp0qqsy2ga7trfetvd3j65m3jptqw9k39wtq2mg85xz2w542p5dhg06e5qmhlpep – Early Bitcoin dev, CEO @ Sirius Business Ltd

• nostr:nprofile1qy2hwumn8ghj7mn0wd68ytndv9kxjm3wdahxcqg5waehxw309ahx7um5wfekzarkvyhxuet5qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncdhu7e3 – Analyst & Partner @ Ego Death Capital

Get the big-picture perspective on why decentralized social matters and how Nostr fits into the future of digital communication.

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🌃 NOS VEGAS Meetup & Afterparty

Date: Wednesday, May 28\ Time: 7:00 PM – 1:00 AM\ Location: We All Scream Nightclub, 517 Fremont St., Las Vegas, NV 89101\ 🎟️ Get Tickets!

What to Expect:

• 🎶 Live Music Stage – Featuring Ainsley Costello, Sara Jade, Able James, Martin Groom, Bobby Shell, Jessie Lark, and other V4V artists

• 🪩 DJ Party Deck – With sets by nostr:nprofile1qy0hwumn8ghj7cmgdae82uewd45kketyd9kxwetj9e3k7mf6xs6rgqgcwaehxw309ahx7um5wgh85mm694ek2unk9ehhyecqyq7hpmq75krx2zsywntgtpz5yzwjyg2c7sreardcqmcp0m67xrnkwylzzk4 , nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqgkwaehxw309anx2etywvhxummnw3ezucnpdejqqg967faye3x6fxgnul77ej23l5aew8yj0x2e4a3tq2mkrgzrcvecfsk8xlu3 , and more DJs throwing down

• 🛰️ Live-streamed via Tunestr

• 🧠 Nostr Education – Talks by nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq37amnwvaz7tmwdaehgu3dwfjkccte9ejx2un9ddex7umn9ekk2tcqyqlhwrt96wnkf2w9edgr4cfruchvwkv26q6asdhz4qg08pm6w3djg3c8m4j , nostr:nprofile1qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxgqg7waehxw309anx2etywvhxummnw3ezucnpdejz7ur0wp6kcctjqqspywh6ulgc0w3k6mwum97m7jkvtxh0lcjr77p9jtlc7f0d27wlxpslwvhau , nostr:nprofile1qy88wumn8ghj7mn0wvhxcmmv9uq3vamnwvaz7tmwdaehgu3wd33xgetk9en82m30qqsgqke57uygxl0m8elstq26c4mq2erz3dvdtgxwswwvhdh0xcs04sc4u9p7d , nostr:nprofile1q9z8wumn8ghj7erzx3jkvmmzw4eny6tvw368wdt8da4kxamrdvek76mrwg6rwdngw94k67t3v36k77tev3kx7vn2xa5kjem9dp4hjepwd3hkxctvqyg8wumn8ghj7mn0wd68ytnhd9hx2qpqyaul8k059377u9lsu67de7y637w4jtgeuwcmh5n7788l6xnlnrgssuy4zk , nostr:nprofile1qy28wue69uhnzvpwxqhrqt33xgmn5dfsx5cqz9thwden5te0v4jx2m3wdehhxarj9ekxzmnyqqswavgevxe9gs43vwylumr7h656mu9vxmw4j6qkafc3nefphzpph8ssvcgf8 , and more.

• 🧾 Vendors & Project Booths – Explore new tools and services

• 🔐 Onboarding Stations – Learn how to use Nostr hands-on

• 🐦 Nostrich Flocking – Meet your favorite nyms IRL

• 🍸 Three Full Bars – Two floors of socializing overlooking vibrant Fremont Street

| | | | | ----------- | -------------------- | ------------------- | | Time | Name | Topic | | 7:30-7:50 | Derek | Nostr for Beginners | | 8:00-8:20 | Mark & Paul | Primal | | 8:30-8:50 | Terry | Damus | | 9:00-9:20 | OpenMike and Ainsley | V4V | | 09:30-09:50 | The Space | Space |

This is the after-party of the year for those who love freedom technology and decentralized social community. Don’t miss it.

---

Final Thoughts

Whether you're there to learn, network, party, or build, Bitcoin 2025 in Las Vegas has a packed week of Nostr-friendly programming. Be sure to catch all the events, visit the Nostr Lounge, and experience the growing decentralized social revolution.

🟣 Find us. Flock with us. Purple pill someone.

@ cae03c48:2a7d6671

Bitcoin Magazine

JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says

Today, Chairman and CEO of JPMorgan Chase Jamie Dimon reiterated his personal disapproval of Bitcoin during the bank’s annual Investor Day event. Despite the bank’s decision to provide clients with access to Bitcoin investments, Dimon emphasized his personal disapproval of Bitcoin.

“I am not a fan” of Bitcoin, stated Dimon.

JPMorgan is going to allow clients to buy Bitcoin, but the bank won’t custody it, according to Bloomberg. Dimon made clear that while JPMorgan will provide clients access to Bitcoin investments, the bank will not hold or manage the digital asset directly. 

JUST IN: JPMorgan CEO Jamie Dimon said they will allow clients to buy #Bitcoin pic.twitter.com/wO0djlYGUM

— Bitcoin Magazine (@BitcoinMagazine) May 19, 2025

In a January 2025 interview with CBS News, Dimon expressed continued skepticism toward Bitcoin. “Bitcoin itself has no intrinsic value. It’s used heavily by sex traffickers, money launderers, ransomware,” said Dimon. 

Although he acknowledged, “We are going to have some kind of digital currency at some point,” he added, “I just don’t feel great about bitcoin. I applaud your ability to wanna buy or sell it. Just like I think you have the right to smoke, but I don’t think you should smoke.”

These comments from Dimon contrast with recent optimism from JPMorgan analysts regarding Bitcoin’s market prospects. JPMorgan analysts reported that Bitcoin is likely to continue gaining ground at gold’s expense in the second half of the year, driven by rising corporate demand and growing support from U.S. states.

JUST IN: JPMorgan says #Bitcoin likely to have more upside than gold in the second half of 2025 pic.twitter.com/YPrHivch9O

— Bitcoin Magazine (@BitcoinMagazine) May 15, 2025

“Between mid-February and mid-April gold was rising at the expense of bitcoin, while of the past three weeks we have been observing the opposite, i.e. bitcoin rising at the expense of gold,” said JPMorgan analysts. “In all, we expect the YTD zero sum game between gold and bitcoin to extend to the remainder of the year, but are biased towards crypto-specific catalysts creating more upside for bitcoin over gold into the second half of the year.”

Since April 22, gold has dropped nearly 8%, while Bitcoin has surged 18%, reflecting a notable shift in investor sentiment. Capital has been moving out of gold ETFs and into Bitcoin. Several U.S. states are also warming to Bitcoin—New Hampshire now permits up to 5% of its reserves in Bitcoin, while Arizona is launching a Bitcoin reserve and has pledged not to raise taxes this year. At the corporate level, companies like Strategy and Metaplanet are expanding their Bitcoin holdings.

“As the list grows, with other U.S. states potentially considering adding bitcoin to their strategic reserves, this could turn out to be a more sustained positive catalyst for bitcoin,” said the analysts.

This post JPMorgan To Allow Clients To Buy Bitcoin, Jamie Dimon Says first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ da8b7de1:c0164aee

Németország feladja a nukleáris energiával szembeni ellenállását Franciaországgal való közeledés jegyében

Németország hosszú idő után feladta a nukleáris energiával szembeni ellenállását, ami jelentős lépést jelenthet az EU energiapolitikai vitáinak rendezésében, különösen Franciaországgal szemben. Ez a változás eltávolíthatja a nukleáris energiával szembeni előítéleteket az uniós jogszabályokból, és elősegítheti a közös európai energiapolitika kialakítását[2].

Trump adminisztráció tervezett rendeletei a nukleáris erőművek építésének gyorsítására

Az Egyesült Államokban a Trump-adminisztráció több elnöki rendelet-tervezetet készít elő, amelyek célja a nukleáris erőművek építésének gyorsítása. A tervek szerint a jelenlegi mintegy 100 GW nukleáris kapacitást 2050-re 400 GW-ra növelnék, az engedélyezési folyamatok egyszerűsítésével, a hadsereg szerepének növelésével és a nukleáris üzemanyag-ellátás megerősítésével[3][9].

Tajvan hivatalosan is nukleárismentes lett

1. május 17-én Tajvan utolsó kereskedelmi reaktorát is leállították, ezzel az ország elérte a "nukleárismentes haza" célját. Az energiamixben a nukleáris energia aránya 17%-ról 3%-ra csökkent, miközben a megújuló energia tízszeresére nőtt. Bár a parlamentben vita folyik a Maanshan atomerőmű élettartam-hosszabbításáról, jelenleg Tajvan teljesen leállította a nukleáris energiatermelést[1][6].

Kazatomprom hitelmegállapodást kötött egy új kénsavgyár finanszírozására

Kazahsztán állami atomipari vállalata, a Kazatomprom hitelmegállapodást kötött egy évi 800 000 tonna kapacitású kénsavgyár építésére. A kénsavat az uránkitermeléshez használják, és a gyár 2027 első negyedévében készülhet el. A projekt célja a régió gazdasági fejlődésének támogatása és az uránipar ellátásbiztonságának javítása[4].

Az IAEA segíti Kazahsztánt az első atomerőmű biztonságos helyszínének kiválasztásában

Az IAEA (Nemzetközi Atomenergia-ügynökség) szakértői csapata ötnapos szemináriumot tart Kazahsztánban, hogy segítsen kiválasztani az ország első atomerőművének legbiztonságosabb helyszínét. A folyamatban több helyszín is szóba került, jelenleg a Zhambyl körzet az elsődleges jelölt. A projektben négy lehetséges technológiai partner vesz részt: CNNC (Kína), Roszatom (Oroszország), KHNP (Dél-Korea) és EDF (Franciaország)[8].

India új nukleáris helyszínt hagyott jóvá

Az indiai nukleáris hatóság engedélyezte a Mahi Banswara Rajasthan Atomic Power Project négy blokkjának elhelyezését Rádzsasztán államban. Ez újabb lépés India ambiciózus nukleáris bővítési terveiben[5].

Globális nukleáris ipari konferencia Varsóban

1. május 20-21-én Varsóban rendezik meg az első World Nuclear Supply Chain Conference-t, amely célja a globális nukleáris ellátási lánc megerősítése és a szektor 2 billió dolláros beruházási lehetőségének kiaknázása a következő 15 évben. A konferencián iparági vezetők, döntéshozók és szakértők vesznek részt[7].

---

Hivatkozások

• [1] reccessary.com – Tajvan nukleárismentes lett
• [2] nucnet.org – Németország nukleáris politikai fordulata
• [3] humanprogress.org – Trump rendelettervezetek
• [4] world-nuclear-news.org – Kazatomprom kénsavgyár
• [5] world-nuclear-news.org – India új nukleáris helyszíne
• [6] taiwannews.com.tw – Tajvan atomerőmű leállítása
• [7] world-nuclear.org – Varsói nukleáris konferencia
• [8] astanatimes.com – IAEA-Kazahsztán együttműködés
• [9] esgdive.com – Oklo és Trump engedélyezési reformok

@ a8d1560d:3fec7a08

NIP-XX

Documentation and Wikis with Spaces and Format Declaration

draft optional

Summary

This NIP introduces a system for collaborative documentation and wikis on Nostr. It improves upon earlier efforts by adding namespace-like Spaces, explicit content format declaration, and clearer separation of article types, including redirects and merge requests.

---

Motivation

Previous approaches to wiki-style collaborative content on Nostr had two key limitations:

1. Format instability – No declared format per event led to breaking changes (e.g. a shift from Markdown to Asciidoc).
2. Lack of namespace separation – All articles existed in a global space, causing confusion and collision between unrelated projects.

This NIP addresses both by introducing:

• Spaces – individually defined wikis or documentation sets.
• Explicit per-article format declaration.
• Dedicated event kinds for articles, redirects, merge requests, and space metadata.

---

Specification

kind: 31055 – Space Definition

Defines a project namespace for articles.

Tags: - ["name", "<space title>"] - ["slug", "<short identifier>"] - ["description", "<optional description>"] - ["language", "<ISO language code>"] - ["license", "<license text or SPDX ID>"]

Content: (optional) full description or README for the space.

---

kind: 31056 – Article

An article in a specific format belonging to a defined space.

Tags: - ["space", "<slug>"] - ["title", "<article title>"] - ["format", "markdown" | "asciidoc" | "mediawiki" | "html"] - ["format-version", "<format version>"] (optional) - ["prev", "<event-id>"] (optional) - ["summary", "<short change summary>"] (optional)

Content: full body of the article in the declared format.

---

kind: 31057 – Redirect

Redirects from one article title to another within the same space.

Tags: - ["space", "<slug>"] - ["from", "<old title>"] - ["to", "<new title>"]

Content: empty.

---

kind: 31058 – Merge Request

Proposes a revision to an article without directly altering the original.

Tags: - ["space", "<slug>"] - ["title", "<article title>"] - ["base", "<event-id>"] - ["format", "<format>"] - ["comment", "<short summary>"] (optional)

Content: proposed article content.

---

Format Guidelines

Currently allowed formats: - markdown - asciidoc - mediawiki - html

Clients MUST ignore formats they do not support. Clients MAY apply stricter formatting rules.

---

Client Behavior

Clients: - MUST render only supported formats. - MUST treat space as a case-sensitive namespace. - SHOULD allow filtering, browsing and searching within Spaces. - SHOULD support revision tracking via prev. - MAY support diff/merge tooling for kind: 31058.

---

Examples

Space Definition

json { "kind": 31055, "tags": [ ["name", "Bitcoin Docs"], ["slug", "btc-docs"], ["description", "Developer documentation for Bitcoin tools"], ["language", "en"], ["license", "MIT"] ], "content": "Welcome to the Bitcoin Docs Space." }

Markdown Article

json { "kind": 31056, "tags": [ ["space", "btc-docs"], ["title", "Installation Guide"], ["format", "markdown"] ], "content": "# Installation\n\nFollow these steps to install the software..." }

Asciidoc Article

json { "kind": 31056, "tags": [ ["space", "btc-docs"], ["title", "RPC Reference"], ["format", "asciidoc"] ], "content": "= RPC Reference\n\nThis section describes JSON-RPC calls." }

MediaWiki Article

json { "kind": 31056, "tags": [ ["space", "btc-docs"], ["title", "Block Structure"], ["format", "mediawiki"] ], "content": "== Block Structure ==\n\nThe structure of a Bitcoin block is..." }

Redirect

json { "kind": 31057, "tags": [ ["space", "btc-docs"], ["from", "Getting Started"], ["to", "Installation Guide"] ], "content": "" }

Merge Request

json { "kind": 31058, "tags": [ ["space", "btc-docs"], ["title", "Installation Guide"], ["base", "d72fa1..."], ["format", "markdown"], ["comment", "Added step for testnet"] ], "content": "# Installation\n\nNow includes setup instructions for testnet users." }

---

Acknowledgements

This proposal builds on earlier ideas for decentralized wikis and documentation within Nostr, while solving common issues related to format instability and lack of project separation.

@ 9be6a199:6e133301

this is the content

@ 9be6a199:6e133301

this is the content

@ 2b998b04:86727e47

After the pruning came clarity.\ And after the clarity came a quiet but relentless question:\ What now?

If I wasn’t going back to Web3, if I wasn’t going to pretend anymore — not in faith, not in finance — then I needed to start building again. But this time, with different materials. Different rhythms. A different spirit.

Starting Over on Solid Ground

I’d spent years exploring tokens, networks, and well-intentioned communities. But most of it, I see now, was sand. It moved with the tides. The incentives shifted. The values bent. And when the storms came — personal, financial, spiritual — much of what I’d been part of collapsed or exposed its shallowness.

So I returned to the beginning: What can’t be faked?

That’s where Bitcoin came in — not just as an asset, but as a foundation.\ It taught me cost. Time. Truth. It doesn’t market itself. It just is.\ A system that punishes shortcuts, rewards discipline, and invites peace.

And the more I leaned in, the more I realized:\ This isn’t just money. This is philosophy. This is soil.

Pruned to Plant Again

I used to be a buy-and-hold investor. I still carry those instincts. But in 2020–21, I discovered trading — and with it, a new kind of discipline. Not gambling. Not speculation. Stewardship under pressure. Real-time decision-making with skin in the game.

My grandfather, who passed in the late '90s, probably would’ve looked a little dimly on trading. He lived off his dividends. Stocks he held for decades. He wasn’t chasing. He was rooting. But he would’ve respected the discipline — the clarity — when done right.

He also saw things I didn’t. He once told me I wasn’t raised properly. It hurt at the time, but now I understand. He saw the drift — not just in me, but in the culture. He understood that frugality means nothing if it’s not paired with truth.

I think he would’ve respected what I’m doing now — even if he wouldn't have fully understand it.

What I’m Building Now

• StartNation – A Bitcoin-aligned equity accelerator. Proof-based. No tokens. No hype.

• Golden Gate Group Investments – Real estate with a vision to integrate BTC in payments and ownership. Still early. Still real.

• Blue Planet Ventures – Equities trading with daily proof-of-work and sats-based performance tracking.

• A garden – Yes, literal food. Soil and seed. Hypdropnics. Bitcoin taught me patience; gardening reinforces it.

I’m not building a brand. I’m building a life. And I’m doing it in public — not to be seen, but to help others see. That it’s possible to step off the hype rails and still thrive.

Bitcoin: The Turning Point

It wasn’t until last fall that Bitcoin truly became central for me.\ Not just part of a portfolio — the lens through which I see capital, time, and truth.

I don’t see it as speculative anymore. I see it as inevitable. In 20–30 years, I believe Bitcoin will be the de facto reserve currency — even if not in name. Those who hold it will steward wealth not because they played the game, but because they opted out of it early.

I’m stacking not to escape — but to prepare. Not to prove I'm right — but to live rightly.

Legacy Without a Platform

I don’t have children.\ But I do have nieces. Nephews. Brothers. Sisters. Cousins. In-Laws.

And I know they’re watching — even if they don’t say it.\ I want to show them that you can live with truth, walk by faith, work with your hands — and still thrive.

I’m not stacking for applause. I’m stacking for legacy.\ I’m building not just for the next quarter — but for the next generation.

And if someone, years from now, asks why I chose this path, I want to say:

Because it was real.\ Because it was proof.\ Because it was built to last.

---

⚡ If this series has encouraged or challenged you, zap a few sats/bitcoin. It keeps me building.

✍️ Catch up on the full series here:\ \ Part 1: The Drift -> https://primal.net/andrewgstanton/why-i-left-web3-for-proof-of-work-%E2%80%93-part-1%3A-the-drift\ Part 2: The Breaking Point -> https://primal.net/andrewgstanton/why-i-left-web3-for-proof-of-work---part-2%3A-the-breaking-point\ Part 3: The Return -> https://primal.net/andrewgstanton/why-i-left-web3-for-proof-of-work-%E2%80%93-part-3%3A-the-return\ Part 4: Proof Of Work as Philosophy -> https://primal.net/andrewgstanton/why-i-left-web3-for-proof-of-work-%E2%80%93-part-4%3A-proof-of-work-as-philosophy\ Part 5: Building Again (what you are reading now...)

Written with help from ChatGPT (GPT-4), edited and posted by me.

@ cae03c48:2a7d6671

Bitcoin Magazine

Nebraska’s New Mining Rules: Infrastructure Safeguard or Soft Ban in Disguise?

Nebraska lawmakers have just passed Legislative Bill 526 (LB526), and while not explicitly anti-Bitcoin, its effects may be anything but neutral. With a unanimous 49-0 vote, the Legislature sent the bill to Governor Jim Pillen’s desk, where it’s expected to be signed into law. Supporters call it a commonsense infrastructure bill. Bitcoin miners call it a slow-motion exodus in the making.

On paper, LB526 is about large energy users. But in practice, it singles out Bitcoin mining facilities with one megawatt (MW) or greater loads and layers on operational constraints that look more like punishment than policy.

Cost Shifting, Public Shaming, and Curtailment

At the heart of LB526 is a mandate: miners must shoulder the costs of any infrastructure upgrades needed to support their demand. Utilities are empowered to demand direct payments or letters of credit after conducting a “load study.” And while the law pays lip service to “fairness” and non-discrimination, it’s clear who the target is. Bitcoin miners are the only industry named.

Further, mining operators must notify utilities in advance, submit to their interconnection requirements, and, critically, accept interruptible service. That means that when the grid gets tight, it’s miners who go dark first. Voluntary demand response, the hallmark of Bitcoin mining’s grid-friendly posture? Replaced with mandated curtailment and utility discretion.

And the kicker: public disclosure of energy consumption. Utilities must publish annual energy usage for each mining operation. No such requirement exists for other data-heavy sectors — not for cloud computing, not for AI clusters, not for Amazon data centers. Just Bitcoin. It’s not just surveillance, it’s signaling.

The Tax That Wasn’t, and the Costs That Remain

To its credit, the Legislature dropped an earlier provision that would’ve added a 2.5¢/kWh tax on mining. This punitive levy would’ve tacked 50% onto typical industrial rates. That tax would have been an open declaration of hostility. Removing it was necessary. But not sufficient.

Because what remains in LB526 is a less visible, but no less potent deterrent: uncertainty. Miners already operate on razor-thin margins and seek jurisdictions with predictable power costs and clear rules. Instead, Nebraska is offering infrastructure tolls, discretionary curtailment, and regulatory spotlighting.

The Market Responds: Warning Shots from Miners

Industry leaders didn’t stay silent. Marathon Digital Holdings, one of the largest publicly traded mining firms, testified that it had invested nearly $200 million in Nebraska and paid over $6.5 million in taxes, and warned that if LB526 passed, further expansion would likely be scrapped.

Their message was clear: Nebraska had been a pro-mining, pro-growth jurisdiction. But LB526 sends a signal that miners aren’t welcome, or at best, are second-class citizens in the energy economy. As one executive put it, “If the same rules don’t apply to other energy-intensive industries, this isn’t about infrastructure, it’s about discrimination.”

Others warned that mandatory curtailment replaces cooperative grid services with coercion. Bitcoin miners can, and do, offer real-time load shedding that stabilizes grids during peak demand. But that value proposition only works when there’s a market signal. LB526 turns it into a liability.

Politics, Power, and Public Utilities

Senator Mike Jacobson, the bill’s sponsor, insisted LB526 is agnostic toward Bitcoin. “This is about electricity usage,” he said. But that’s hard to square with a bill that surgically targets one user class.

Jacobson pointed to Kearney, where half the city’s power goes to a single mining facility. But rather than view that as an opportunity, a dispatchable industrial customer willing to scale up or down based on grid needs, the Legislature opted for risk aversion and central planning.

And in Nebraska’s public power model, that matters. With every utility publicly owned, the regulatory posture of the state isn’t advisory, it’s existential. There is no retail competition. If Nebraska’s power authorities begin treating Bitcoin miners like unreliable freeloaders rather than willing partners, miners have no recourse. Just the exit.

For now, LB526 awaits only the governor’s signature. Given that LB526 was introduced at the behest of the governor, it is likely to be signed. Once enacted, it will take effect October 1, 2025. Miners have until then to decide: adapt, relocate, or fold.

States like Texas, Wyoming, and North Dakota have gone the opposite direction, offering tax clarity, grid integration, and legal protection. Nebraska, once on that shortlist, may find itself dropping off the radar.

Bitcoin mining doesn’t need handouts. But it does need equal footing. LB526 imposes costs, limits flexibility, and broadcasts suspicion. If the goal was to balance innovation with infrastructure, the execution leaves much to be desired.

Because when one industry is burdened while others are exempted, when voluntary partnerships are replaced with mandates, and when operational data is made public for no clear reason, it’s not hard to see why miners view LB526 not as regulation, but as retaliation.

This is a guest post by Colin Crossman. Opinions expressed are entirely their own and do not necessarily reflect those of BTC, Inc. or Bitcoin Magazine_._

This post Nebraska’s New Mining Rules: Infrastructure Safeguard or Soft Ban in Disguise? first appeared on Bitcoin Magazine and is written by Colin Crossman.

@ 30b99916:3cc6e3fe

bitcoin #security #vault #veracrypt #powershell

BTCwallet automates running hot and cold storage wallets for multiple Bitcoin wallet applications.

BTCwallet is included with VaultApi and supports Sparrow, Blockstream Green, and just added support for Wasabi wallets.

To launch a wallet application, the command BTCwallet start is executed.

After responding to prompts for launching and initializing the Vault (not shown), the following prompts are presented.

Now the Wasabi GUI application (a.k.a wassabee) is presented.

With the combination of VaultApi and BTCwallet one has a very secure self-hosted password manager along with a very secure way of protecting your Bitcoin wallet's data.

Wasabi Wallet download

Care to follow me on my journey? If so, then check out the following links.

VaultApi

BTCwallet

Download from BTCPAY server

@ 3f68dede:779bb81d

@ cae03c48:2a7d6671

Bitcoin Magazine

Fold Unveils Bitcoin Gift Card, Pioneering Bitcoin in U.S. Retail Gift Card Market

Fold, a leading Bitcoin financial services company, recently announced the launch of its Bitcoin Gift Card, marking the first step in integrating Bitcoin into the $300 billion U.S. retail gift card market. This innovative product enables consumers to purchase and gift bitcoin through familiar retail channels, is available now at Fold’s website and is expected to expand to major retailers nationwide throughout the year.

The Fold Bitcoin Gift Card allows users to acquire bitcoin for personal savings or as a gift, redeemable via the Fold app. “Once you buy that gift card, you can give it to someone or use it yourself. You open the Fold app, and your bitcoin appears,” said Will Reeves, Chairman and CEO of Fold, in an interview with Bitcoin Magazine. Available initially at the Fold website, the product will soon reach physical and online retail shelves, bringing Bitcoin to everyday shopping experiences.

This launch positions Fold as a trailblazer in making Bitcoin accessible through gift cards, the most popular gift in America.

“We’re now talking about Bitcoin gift cards on sale on the racks of the largest retailers in the country. You can pick up Bitcoin at the checkout line, buy it for yourself, or share it as a gift,” Reeves told Bitcoin Magazine. 

The gift card, a white Bitcoin “B,” adorned by vibrant orange, taps into the retail market’s demand for alternative assets, following the success of Costco’s $200 million monthly gold sales.

Fold’s partnership with Totus, a gift card issuance provider, enables distribution through over 150,000 points of sale nationwide.

“In our announcement, we reference one of our partners who has direct distribution into all primary retailers in the country,” Reeves said. While specific retailer names will be revealed later, Fold plans to expand throughout 2025, ensuring Bitcoin’s presence in stores like grocery chains and gas stations. “Throughout the rest of this year, we’ll announce distribution partners, including some of the largest retailers in the US,” Reeves added.

The Bitcoin Gift Card targets millions of Americans curious about Bitcoin but hesitant to navigate apps or exchanges.

“This gift card gives us distribution directly to millions of Americans who may not be buying Bitcoin because they haven’t downloaded a new app, don’t have a brokerage account, or haven’t seen the ETF,” Reeves explained. By leveraging trusted retail channels, Fold is opening a new avenue for Bitcoin adoption.

Since 2019, Fold has empowered over 600,000 users with Bitcoin-based financial tools, holding over 1,485 Bitcoin in its treasury.

“I think there’s a real chance by the end of 2025 that Bitcoin becomes the most popular gift in America because of this card,” Reeves predicted.

This post Fold Unveils Bitcoin Gift Card, Pioneering Bitcoin in U.S. Retail Gift Card Market first appeared on Bitcoin Magazine and is written by Juan Galt.

@ 3f68dede:779bb81d

@ 3f68dede:779bb81d

testing schedule

@ 3f68dede:779bb81d

testing schedule

@ 3f68dede:779bb81d

testing

@ 3f68dede:779bb81d

testing schedule

@ 005bc4de:ef11e1a2

Keys and Religion

Mixing

Normally, I'm not a fan mixing and comparing bitcoinesque things and religion. It's too banal and trite, too easy: the religion of Bitcoin, the allusion of Satoshi the savior, the "Book of Satoshi," even the "Genesis" block. But, today, I'll break my own rule.

Yesterday, I heard a Christian pastor speak of the "keys of the kingdom." My feeling is that, were you to ask the average Christian, "What is the key, or keys, to the kingdom?", and perhaps I'm wrong on this, but I think they'd answer, "Prayer." I've heard it many times, "Prayer is the key to the kingdom." It's an easy mantra to remember. And, prayer is important for a Christian, no question about it. However, Biblically, the phrase "keys of the kingdom" refers to something else.

As the pastor pointed out yesterday, Biblically there are two keys: the binding key and the loosing key. This refers to Matthew 16:19 where Jesus says:

I will give you the keys of the kingdom of heaven; whatever you bind on earth will be bound in heaven, and whatever you loose on earth will be loosed in heaven. Matthew 16:19 (NIV)

For context, back up a few verses. This statement above was made in a conversation between Jesus and his disciple Simon Peter.

15 Jesus asked, “But what about you?” he asked. “Who do you say I am?” 16 Simon Peter answered, “You are the Messiah, the Son of the living God.” 17 Jesus replied, “Blessed are you, Simon son of Jonah, for this was not revealed to you by flesh and blood, but by my Father in heaven. 18 And I tell you that you are Peter, and on this rock I will build my church, and the gates of Hades will not overcome it.

Although brief, this is a deep and rich exchange. Traditionally, this has been viewed as the moment that Christ instituted the Christian church, the passing of power and authority to the early church itself. There has been confusion over it too, particularly the "...on this rock I will build my church..." part of it. Jesus was referring to Simon Peter's statement of faith (...for this was not revealed to you by flesh and blood...) with the "this" being what Peter had just said, "You are the Messiah, the Son of the living God." The church would be built upon the rock of faith in Jesus as the Messiah.

The early Christian church thus established, Jesus instituted what's come to be called the "office of the keys." That is, Jesus grants authority to his "appointees" in the church to carry out his authority. In more practical terms, this is referring to those who have been called into church service, normally priests, to forgive or not forgive sins. When a priest or pastor forgives, or not, it is not that he is doing it by his own right or power. That priest is, after all, yet another sinful man as well. Instead, the priest forgives by Christ's authority which was handed down by Jesus himself in those words to Peter.

To use an analogy, suppose a general had to make a decision about foot soldiers on the front line, waiting there in the trenches. Due to some time constraint, a decision for action was needed imminently. However, suppose the general lacked some bit of information that could only be obtained at the front. So, the general wrote up a communique to the lieutenant stationed at the front saying, "You assess the situation, and you make the call, charge or pull back. I'll support your decision." A courier ran to the front, relayed the message to the lieutenant, and the lieutenant assessed and made the decision. Ultimately, even thought the lieutenant made the decision, the authority behind the decision lay with the general who had transferred his authority to the lieutenant.

This authority or office of the keys is mirrored in John 20:22-23, when the resurrected Jesus appears to his disciples and says, "If you forgive anyone’s sins, their sins are forgiven; if you do not forgive them, they are not forgiven.”

Going just one step further, recall there are two keys involved, binding and loosing, and there are two places involved, earth and heaven. Usually, priests and pastors are "in the business" of forgiving. Penitence or confession, when real, is forgiven. The priest has the authority to forgive, or "loose" the sinner from his wrongdoings here on earth. And, that forgiveness applies to heaven as well, the sin is atoned and reconciled with God.

But, what about when the person is unrepentant, unbothered by what is Biblically sinful, refuses to change his ways, and rather chooses to continue in sinful ways? The "binding" key says that the priest or appointed church leader can hold that person accountable, can bind that person to the sin and separation from God. Normally, we hear of "excommunication" from the church which is formally stating that a person is outside of the church body. The binding keys still bind, both on earth as being outside of the church and in heaven as being separated from God.

And bitcoin?

That's a lot of religion, and heavy religion at that. The question is, what does this have to do with bitcoin?

Keys.

Namely, this is about public and private keys. Loosing and binding keys. A bit more religion, then I'll get back to bitcoin.

Yesterday, the pastor spoke briefly about binding and loosing keys, and this where my thoughts about keys somehow morphed over into bitcoin. For some reason, I pictured Herod's Temple. There had been Solomon's temple, which was destroyed, and then there was Herod's which was known for its beauty and was the one during Jesus's time. But, let's recall the background on this...

The book of Exodus, and others in the Old Testament, outline in detail God's plan for the tabernacle (a traveling tent) and for the temple in Jerusalem.

The tabernacle, overhead diagram. Image source: https://en.wikipedia.org/wiki/Tabernacle

You might recall the "history" lesson in Raiders of the Lost Ark. With the tabernacle and temple, one of the purposes was to house the ark of the covenant. Remember that the ark was the golden box that the Israelites carried around containing Moses's stone tablets with the Ten Commandments, some manna, and Aaron's staff. It held great power, God's power, and God literally met and spoke with the Levite priests hovering over the cherubim's wings.

The ark of the covenant. Image source: https://en.wikipedia.org/wiki/Ark_of_the_Covenant

In the tabernacle and temple, the "Holy of Holies" was a room, separated by a heavy curtain. It was off limits to all because it was, well, holy of holies. A heavy curtain divided the Holy of Holies, or the "Most Holy Place", from the less-holy, "Holy Place."

Once a year, on the Day of Atonement, one person, the chief priest, was allowed to walk into the Holy of Holies. He would sprinkle the blood of a sacrificed animal onto the ark. This was done for the forgiveness of the people's sins. Although this was pre-Jesus's words, this was using the loosing keys and was loosing sin.

This was serious business and was taken seriously. For instance, the priests Nadab and Abihu improperly performed their sacrificial duties, they messed up the procedure, and were consumed by fire. Priesthood was a dangerous occupation, one slip up and you were scorched.

The second temple, "Herod's Temple". Image source: https://en.wikipedia.org/wiki/Second_Temple

Back to keys...

Yesterday, for some reason when I heard about binding and loosing keys, I imagined the chief priest standing in front of the curtain. I imagined him taking a deep breath, collecting his thoughts, getting ready to go in. It had to be intimidating.

As he stood there, in my mind, he and everyone else was shut out. The Most Holy Place was bound and locked. Walking in meant getting scorched (again, the end of Raiders of the Lost Ark). Yet, that priest had the loosing key. He had, first, permission as chief priest to enter on the Day of Atonement, secondly, he had the sacrificial blood to loose sins. Although the binding key had locked the Holy of Holies and thus bound the sins of the people, the loosing key was about to loose their sins.

Cryptographic keys

And back to bitcoin...

Bitcoin, and cryptography in general, operate on public and private keys. Any flavor of "cryptocurrency", or even Nostr, has public and private keys. In a way, these are binding and loosing keys.

Say you have 1.0 BTC (that's 100,000,000 sats 😀). That BTC exists as a UTXO which can be seen by anyone viewing your public address. In this way, your bitcoin public key is your binding key...that UTXO, that bitcoin, is bound to your public key...it is locked in place behind that heavy curtain. It will be there forever, unless there is an intervention...

You also have your private key, your loosing key. You can apply your private key to loose that UTXO, that bitcoin, and to send it along to wherever.

This is like law and gospel: sin is binding, however Jesus frees it. A bitcoin UTXO is bound until a private key looses it.

Nostr offers a somewhat similar illustration. You have an npub publicly and and nsec secretly or privately. If you were to write a note, your private nsec is needed as a loosing key to free that message, to broadcast it to the world. Once broadcast, it can be seen by all, however it is still inextricably bound or tied to your public key (your npub). Your npub is your binding key and your message is bound to it.

Summed

I'm not sure this binding and loosing keys in religion, and public and private keys in cryptography is the best comparison in the world. It's probably a terrible comparison. But, this is what came to my mind yesterday.

And, so, the mixing of religion and bitcoin is now officially over.

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Bitcoin Magazine

Abraaj Restaurants Becomes First Bitcoin Treasury Company in the Middle East

Today it was announced that Al Abraaj Restaurants Group B.S.C. has become the first publicly traded company in the region to adopt Bitcoin as a treasury reserve asset. The Bahrain-based hospitality firm announced today it has acquired 5 Bitcoin for its balance sheet, with plans to significantly increase its allocation over time.

JUST IN: Al Abraaj Restaurants Group becomes first publicly traded company in middle east to purchase #Bitcoin as a treasury reserve asset pic.twitter.com/QUH5FMGRoy

— Bitcoin Magazine (@BitcoinMagazine) May 19, 2025

“Our initiative towards becoming a Bitcoin Treasury Company reflects our forward-thinking approach and dedication to maximizing shareholder value,” said Abdulla Isa, Chairman of the Bitcoin Treasury Committee at Al Abraaj. “We believe that Bitcoin will play a pivotal role in the future of finance, and we are excited to be at the forefront of this transformation in the Kingdom of Bahrain. 10X is a proven leader in advising and bringing capital to listed Bitcoin Treasury Companies, and we welcome their partnership in helping us build the MicroStrategy of the Middle East.”

The decision makes Abraaj not only the first in Bahrain, but also in the GCC and wider Middle East, to publicly hold Bitcoin on its balance sheet. The investment is a direct response to growing institutional interest in Bitcoin and comes amid what appears to be a regional shift toward digital assets.

Abraaj’s strategic partner in the transition is 10X Capital, a New York-based investment firm with a strong track record in digital asset treasury management. 10X previously advised companies like Nakamoto on its $710 million Bitcoin-focused financing round.

“I’d like to congratulate Abdalla Isa and the team at Al Abraaj for adopting Bitcoin at the corporate treasury level, finally enabling anyone in the GCC with a brokerage account to gain Bitcoin exposure,” said Hans Thomas, CEO of 10X Capital. “Bahrain continues to be a leader in the Middle East in Bitcoin adoption, backed by a forward-thinking regulatory framework.”

Thomas added, “The GCC, with a combined GDP of $2.2 trillion and over $6 trillion in sovereign wealth funds, has until now lacked a publicly listed Bitcoin treasury company like Strategy, Tesla, or Metaplanet. That changes today with ABRAAJ’s historic Bitcoin purchase.”

Abraaj said it will continue to work under the regulatory oversight of the Central Bank of Bahrain (CBB) and has pledged full compliance with all digital asset transaction laws. The company will adopt robust custody, risk management, and governance protocols for its Bitcoin holdings.

Disclosure: Nakamoto is in partnership with Bitcoin Magazine’s parent company BTC Inc to build the first global network of Bitcoin treasury companies, where BTC Inc provides certain marketing services to Nakamoto. More information on this can be found here.

This post Abraaj Restaurants Becomes First Bitcoin Treasury Company in the Middle East first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

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Bitcoin Magazine

Metaplanet Acquires 1,004 Bitcoin, Raising Total Holdings to 7,800 BTC

Metaplanet, known as Japan’s leading Bitcoin treasury company, has announced the acquisition of 1,004 Bitcoin for approximately $104.3 million, at an average price of around $103,873 per BTC. This latest purchase brings the company’s total Bitcoin holdings to 7,800 BTC.

Metaplanet started accumulating Bitcoin in April 2024 with about 98 BTC, costing around 1 billion yen. By the end of 2024, they had increased their holdings to nearly 1,762 BTC with a cost basis of about 20.9 billion yen. After officially launching their Bitcoin Treasury Operations on December 18, 2024, the company rapidly expanded their Bitcoin holdings, reaching 7,800 BTC by May 19, 2025. This growth was funded through capital market activities and operating income, increasing their total cost basis to over 105 billion yen.

BTC holdings have exploded, up 3.9x year-to-date with over 5,000 BTC added in 2025 alone. Since switching to a Bitcoin-focused strategy, Metaplanet has seen its BTC net asset value grow by 103.1x and its market cap by 138.1x.

Over the past 30 days alone, Metaplanet has added 3,275 BTC, aggressively expanding its Bitcoin treasury amid a 189.1% year-to-date yield on Bitcoin. Metaplanet’s Bitcoin strategy has delivered significant returns for shareholders, with BTC Yield reaching 47.8% quarter-to-date. Since July 2024, the firm has reported quarterly BTC Yields of 41.7%, 309.8%, 95.6%, and 47.8%, driving strong Bitcoin-based performance even amid capital market activities and dilution from share issuances.

*Metaplanet Acquires Additional 1,004 $BTC* pic.twitter.com/r86rLc7ngh

— Metaplanet Inc. (@Metaplanet_JP) May 19, 2025

Metaplanet also posted its best quarter yet. In Q1 FY2025, revenue hit ¥877 million (up 8% quarter-over-quarter), and operating profit hit a record ¥593 million (up 11%). Total assets jumped 81% to ¥55.0 billion, and net assets surged 197% to ¥50.4 billion.

Even though Bitcoin’s price dip at the end of March caused a ¥7.4 billion valuation loss, the company bounced back fast. As of May 12, it reported ¥13.5 billion in unrealized gains thanks to the market rebound. Net income for the quarter came in at ¥5.0 billion, and core operations stayed strong.

“Guided by this conviction, we pivoted in 2024 to become Japan’s first dedicated Bitcoin Treasury Company,” said Metaplanet’s management in its Q1 earnings presentation. “In Q1 2025, we launched—and have already executed 87% of—a two-year, ¥116 billion “moving-strike” warrant program: the largest and lowest-cost equity financing of its kind ever placed in Japan.”

This post Metaplanet Acquires 1,004 Bitcoin, Raising Total Holdings to 7,800 BTC first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

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Let's start with some important foundational thinking - based on natural law. Money should be separate from the State - if not history shows that governments and human greed will always take over and manipulate the system in their favour and the expense of their populations. For extensive references, read The Sovereign Individual and The Creature from Jeckyll Island.

• The Separation of State and Money is the most important thing you can listen to this week. Thanks to Allen Farrington - his paper is here for those who prefer to read. Wake up, folks!

• The American Forefathers knew this when the wrote the American Constitution. Thomas Jefferson said: “If the American people ever allow private banks to control the issue of their currency first by inflation then by deflation the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered... I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people to whom it properly belongs.” Mark Moss explains it well here. Charlie Robinsons take here.

The situation in Canada explifies the issues

Governments have have long used "international economic sanctions" against other nations to enforce their positions. Now in Canada, and soon in your country too, they are applying such sanctions their own citizens - disconnecting them from the financial system and removing their ability to use their own life savings as they wish. Canadians spoke with their money - in one week they raised more money in support of the truckers for peaceful protest than were raised in support of all Canadian political parties in the election of last year - only to have it confiscated and blocked by those politicians.

• CPL. Daniel Bulford (Justin Trudeau's body guard) is particularly clear and eloquent - https://www.facebook.com/watch/?v=3123688351279364

• Nick & Greg (two Canadians in Canada) explain the situation to Peter McCormack - https://youtu.be/QBWYp-cBr4o

• Dr Jordan Peterson and Dr Julie Ponesse (also Canadians in Canada) speak openly about what is going on https://t.co/2T7A4VEek1

• Even Canadians living in China speak up: https://www.youtube.com/watch?v=xvDvJWdlD1E

Meanwhile in Turkey...

Joe Blogs has been giving blow by blow updates of the deteriorating sitation over the last weeks. What is happening to Turkey will come to many countries - sooner than you might imagine. Watch and learn here, here and here - more on his channel.

EU Citizens should be aware and lobby their MPs

Dropping of all C-19 restrictions is a tactic to stop people thinking about them; meanwhile the politicians are taking steps to get all of the emergency restrictions codified into normal law so that they can be deployed on you any time or all the time in future.\ Act now - or lose all freedoms - your choice - watch here or click below for the explainer.

More on war - recall our discussion last week

War steals and destroys the wealth of generations. We have been here before - remember World Wars 1 and 2...

• Dr Mattias Desmet explains how mass formation psychosis happens and how he became aware: https://www.youtube.com/watch?v=CRo-ieBEw-8

• Be aware of this well known and much abused psycholgical experiment - rats in a cage - explained by Dr Christ Martensen: https://www.youtube.com/watch?v=7kSBdMXQkPI

To remain silent is wrong - to deny the rights of others to discuss and challenge (and even to punish or coerce them) is a crime in support of the biger crime. Each of us has a choice - choose wisely.

Could you have known about this?

"The Matrix is a system, Neo. That system is our enemy. But when you're inside, you look around, what do you see? Businessmen, teachers, lawyers, carpenters. The very minds of the people we are trying to save. But until we do, these people are still a part of that system and that makes them our enemy. You have to understand, most of these people are not ready to be unplugged. And many of them are so inert, so hopelessly dependent on the system that they will fight to protect it."

"Unfortunately, no one can be told what the Matrix is. You have to see it for yourself."

A closing thought...

Look closely at the cover of the Economist magazine released in December 2018 - The World in 2019 - see how many of those things have already come true.

In case this is too difficult for you - some things to note: Four horsemen of the apacalypse, Statue of Liberty wearing a facemask, Vetruvian Man with QR code (Vaccine passport), DNA mark on his arm, wearing virtual reality glasses... The animal bottom right is a Pangolin. Scales of Justice are well tipped/skewed, facial recognition, electric cars, Putin's pipelines, China and Brexit feature highly along with the lieing media (Pinnochio) and #metoo. I smell Predictive Programming.

• More insights in the explainer here (backup copy here) - including why it is backwards...

That's it!

No one can be told what The Matrix is.\ You have to see it for yourself.**

Do share this newsletter with any of your friends and family who might be interested.

You can also email me at: LetterFrom@rogerprice.me

💡Enjoy the newsletters in your own language : Dutch, French, German, Serbian, Chinese Traditional & Simplified, Thai and Burmese.

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The countdown is nearly over. On May 30, 2025, the Beyond Banking Conference by WeFi will go live — gathering thinkers, builders, and innovators from across DeFi, Web3, AI, and FinTech. Whether you're a founder, developer, investor, or just exploring the space, this is where ideas meet momentum.

Four Tracks, One Shared Vision

At the heart of the conference are four thematic tracks, each offering a lens into where finance is heading:

• DeFAI — Where AI meets DeFi. From autonomous lending to smart liquidity, this track dives into machine-powered finance.

• GameFi — Not just play-to-earn. Think social-first gaming, fast sessions, on-chain assets, and frictionless onboarding.

• AI + Web3 — Explore a future shaped by trustless AI agents, generative content, and decentralized governance systems.

• FinTech AI — See how financial services are evolving with AI: from compliance and identity to intelligent asset management.

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Who You’ll Hear From

Among the voices leading the conversation:

• Vít Jedlička, President of Liberland, on digital sovereignty and blockchain-powered governance.

• Tigran Hakhunts, HTX Ambassador, on how exchanges are navigating and accelerating decentralized adoption.

And that’s just the beginning — expect DeFi founders, Web3 infrastructure teams, AI policy researchers, and the next generation of financial technologists.

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What’s Beyond the Keynotes

This isn’t a day of passive watching. You’ll see:

• Live product demos, including WeFi’s own onchain banking tools.

• Multilingual Q&A sessions where your questions drive the conversation.

• Real-time translation in 8 languages to keep everything accessible.

• And yes — a Ferrari giveaway. Registered attendees automatically enter a lottery to win big.

---

One Day. A Global Experience.

No flights, no paywalls, no exclusivity. This is finance without borders. Whether you’re tuning in from São Paulo or Seoul, you’ll be part of a shared global moment.

To join, just connect through the official bot.

The future of finance isn’t happening behind closed doors. It’s unfolding in the open — and you’re invited. See you May 30.

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An honest response to objections — and an answer to the most important question: why does any of this matter?

---

\ Statement: Deflation is not the enemy, but a natural state in an age of technological progress.\ Criticism: in real macroeconomics, long-term deflation is linked to depressions.\ Deflation discourages borrowers and investors, and makes debt heavier.\ Natural ≠ Safe.

1. “Deflation → Depression, Debt → Heavier”

This is true in a debt-based system. Yes, in a fiat economy, debt balloons to the sky, and without inflation it collapses.

But Bitcoin offers not “deflation for its own sake,” but an environment where you don’t need to be in debt to survive. Where savings don’t melt away.\ Jeff Booth said it clearly:

“Technology is inherently deflationary. Fighting deflation with the printing press is fighting progress.”

You don’t have to take on credit to live in this system. Which means — deflation is not an enemy, but an ally.

💡 People often confuse two concepts:

1. That deflation doesn’t work in an economy built on credit and leverage — that’s true.

2. That deflation itself is bad — that’s a myth.

📉 In reality, deflation is the natural state of a free market when technology makes everything cheaper.

Historical example:\ In the U.S., from the Civil War to the early 1900s, the economy experienced gentle deflation — alongside economic growth, employment expansion, and industrial boom.\ Prices fell: for example, a sack of flour cost \~$1.00 in 1865 and \~$0.50 in 1895 — and there was no crisis, because wages held and productivity increased.

Modern example:\ Consumer electronics over the past 20–30 years are a vivid example of technological deflation:\ – What cost $5,000 in 2000 (e.g., a 720p plasma TV) now costs $300 and delivers 10× better quality.\ – Phones, computers, cameras — all became far more powerful and cheaper at the same time.\ That’s how tech-driven deflation works: you get more for less.

📌 Bitcoin doesn’t make the world deflationary. It just doesn’t fight against deflation, unlike the fiat model that fights to preserve its debt pyramid.\ It stops punishing savers and rewards long-term thinkers.

Even economists often confuse organic tech deflation with crisis-driven (debt) deflation.

---

\ \ Statement: We’ve never lived in a truly free market — central banks and issuance always existed.\ Criticism: ideological statement.\ A truly “free” market is utopian.\ Banks and monetary issuance emerged in response to crises.\ A market without arbiters is not always fair, especially under imperfect competition.

2. “The Free Market Is a Utopia”

Yes, “pure markets” are rare. But what we have today isn’t regulation — it’s centralized power in the hands of central banks and cartels.

Bitcoin offers rules without rulers. 21 million. No one can change the issuance. It’s not ideology — it’s code instead of trust. And it has worked for 15 years.

---

\ \ Statement: Inflation is an invisible tax, especially on the poor and working class.\ Criticism: partly true: inflation can reduce debt burden, boost employment.\ The state indexes social benefits. Under stable inflation, compensators can work. Under deflation, things might be worse (mass layoffs, defaults).

3. “Inflation Can Help”

Theoretically — yes. Textbooks say moderate inflation can reduce debt burdens and stimulate consumption and jobs.\ But in practice — it works as a stealth tax, especially on those without assets. The wealthy escape — into real estate, stocks, funds.\ But the poor and working class lose purchasing power because their money is held in cash — and cash devalues.

💬 As Lyn Alden says:

“When your money can’t hold value, you’re forced to become an investor — even if you just want to save and live.”

The state may index pensions or benefits — but always with a lag, and always less than actual price increases.\ If bread rises 15% and your payment increase is 5%, you got poorer, even if the number on paper went up.

💥 We live in an inflationary system of everything:\ – Inflationary money\ – Inflationary products\ – Inflationary content\ – And now even inflationary minds

🧠 This is more than just rising prices — it’s a degradation of reality perception. You’re always rushing, everything loses meaning.\ But when did the system start working against you?

📉 What went wrong after 1971?

This chart shows that from 1948 to the early 1970s, productivity and wages grew together.\ But after the end of the gold standard in 1971 — the connection broke. Productivity kept rising, but real wages stalled.

👉 This means: you work more, better, faster — but buy less.

🔗 Source: wtfhappenedin1971.com

When you must spend today because tomorrow it’ll be worth less — that’s rewarding impulse and punishing long-term thinking.

Bitcoin offers a different environment:\ – Savings work\ – Long-term thinking is rewarded\ – The price of the future is calculated, not forced by a printing press

📌 Inflation can be a tool. But in government hands, it became a weapon — a slow, inevitable upward redistribution of wealth.

Indexing is weak compensation if bread is up 15% and your “increase” is only 5%.

---

\ \ Statement: War is not growth, but a reallocation of resources into destruction.

Criticism: war can spur technological leaps (Internet, GPS, nuclear energy — all from military programs). "Military Keynesianism" was a real model.

4. “War Drives R&D”

Yes, wars sometimes give rise to tech spin-offs: Internet, GPS, nuclear power — all originated from military programs.

But that doesn’t make war a source of progress — it makes tech a byproduct of catastrophe.

“War reallocates resources toward destruction — not growth.”

Progress doesn’t happen because of war — it happens despite it.

If scientific breakthroughs require a million dead and burnt cities — maybe you’ve built your economy wrong.

💬 Even Michael Saylor said:

“If you need war to develop technology — you’ve built civilization wrong.”

No innovation justifies diverting human labor, minds, and resources toward destruction.\ War is always the opposite of efficiency — more is wasted than created.

🧠 Bitcoin, on the other hand, is an example of how real R&D happens without violence.\ No taxes. No army. Just math, voluntary participation, and open-source code.

📌 Military Keynesianism is not a model of progress — it’s a symptom of a sick monetary system that needs destruction to reboot.

Bitcoin shows that coordination without violence is possible.\ This is R&D of a new kind: based not on destruction, but digital creation.

---

Statement: Bitcoin isn’t “Gold 1.0,” but an improved version: divisible, verifiable, unseizable.

Criticism: Bitcoin has no physical value; "unseizability" is a theory;\ Gold is material and autonomous.

5. “Bitcoin Has No Physical Value”

And gold does? Just because it shines?

Physical form is no guarantee of value.\ Real value lies in: scarcity, reliable transfer, verifiability, and non-confiscatability.

Gold is:\ – Hard to divide\ – Hard to verify\ – Expensive to store\ – Easy to seize

💡 Bitcoin is the first store of value in history that is fully free from physical limitations, and yet:\ – Absolutely scarce (21M, forever)\ – Instantly transferable over the Internet\ – Cryptographically verifiable\ – Controlled by no government

🔑 Bitcoin’s value lies in its liberation from the physical.\ It doesn’t need to be “backed” by gold or oil. It’s backed by energy, mathematics, and ongoing verification.

“Price is what you pay, value is what you get.” — Warren Buffett

When you buy bitcoin, you’re not paying for a “token” — you’re gaining access to a network of distributed financial energy.

⚡️ What are you really getting when you own bitcoin?\ – A key to a digital asset that can’t be faked\ – The ability to send “crystallized energy” anywhere on Earth\ – A role in a new accounting system that runs 24/7/365\ – Freedom: from banks, borders, inflation, and force

📉 Bitcoin doesn’t require physical value — because it creates value:\ Through trust, scarcity, and energy invested in mining.\ And unlike gold, it was never associated with slavery.

---

Statement: There’s no “income without risk” in Bitcoin: just hold — you preserve; want more — invest, risk, build.

Criticism: contradicts HODL logic; speculation remains dominant behavior.

6. “Speculation Dominates”

For now — yes. That’s normal for the early phase of a new technology. Awareness doesn’t come instantly.

What matters is not the motive of today’s buyer — but what they’re buying.

📉 A speculator may come and go — but the asset remains.\ And this asset is the only one in history that will never exist again. 21 million. Forever.

📌 Look deeper. Bitcoin has:\ – No CEO\ – No central issuer\ – No inflation\ – No “off switch”

💡 It’s not a stock. Not a startup. Not someone’s project.\ It’s a new foundation for trust.\ It’s opting out of a system where freedom is a privilege you’re granted under conditions.

🧠 People say: “Bitcoin can be copied.”\ Theoretically — yes.\ Practically — never.

Here’s what you’d need to recreate Bitcoin:\ – No pre-mine\ – A founder who disappears and never sells\ – No foundation or corporation\ – Tens of thousands of nodes worldwide\ – 701 million terahashes of hash power\ – Thousands of devs writing open protocols\ – Hundreds of global conferences\ – Millions of people defending digital sovereignty\ – All that without a single marketing budget

That’s all.

🔁 Everything else is an imitation, not a creation.\ Just like you can’t “reinvent fire” — Bitcoin can only exist once.

---

Statements:\ The Russia's '90s weren’t a free market — just anarchic chaos without rights protection.*\ Unlike fiat or even dollars, Bitcoin is the first asset with real defense — from governments, inflation, even thugs.\ And yes, even if your barber asks about Bitcoin — maybe it's not a bubble, but a sign that inflation has already hit everyone.

Criticism: Bitcoin’s protection isn’t universal — it works only with proper handling and isn’t available to all.\ Some just want to “get rich.”\ None of this matters because:

1. Bitcoin’s volatility (-30% in a week, +50% in a month) makes it unusable for price planning or contracts.

2. It can’t handle mass-scale usage.

3. To become currency, geopolitical will is needed — and without the first two, don’t even talk about the third.\ Also: “Bitcoin is too complicated for the average person.”

7. “It’s Too Complex for the Masses”

It’s complex — if you’re using L1 (Layer 1). But even grandmas use Telegram. In El Salvador, schoolkids buy lunch with Lightning. My barber installed Wallet of Satoshi in minutes right in front of me — and I now pay for my haircut via Lightning.

UX is just a matter of time. And it’s improving. Emerging tools:\ Cashu, Fedimint, Fedi, Wallet of Satoshi, Phoenix, Proton Wallet, Swiss Bitcoin Pay, Bolt Card / CoinCorner (NFC cards for Lightning payments).

This is like the internet in 1995:\ It started with modems — now it’s 4K streaming.

---

8. “Can’t Handle the Load”

A common myth.\ Yes, Bitcoin L1 processes about 7 transactions per second — intentionally. It’s not built to be Visa. It’s a financial protocol, just like TCP/IP is a network protocol. TCP/IP isn’t “fast” or “slow” — the experience depends on the infrastructure built on top: servers, routers, hardware. In the ’90s, it delivered text. Today, it streams Netflix. The protocol didn’t change — the stack did.

Same with Bitcoin: L1 defines rules, security, finality.\ Scaling and speed? That’s the second layer’s job.

To understand scale:

| Network | TPS (Transactions/sec) | | --- | --- | | Visa | up to 24,000 | | Mastercard | \~5,000 | | PayPal | \~193 | | Litecoin | \~56 | | Ethereum | \~20 | | Bitcoin | \~7 |

\ ⚡️ Enter Lightning Network — Bitcoin’s “fast lane.”\ It allows millions of transactions per second, instantly and nearly free.

And it’s not a sidechain.

❗️ Lightning is not a separate network.\ It uses real Bitcoin transactions (2-of-2 multisig). You can close the channel to L1 at any time. It’s not an alternative — it’s a native extension built into Bitcoin.\ Also evolving: Ark, Fedimint, eCash — new ways to scale and add privacy.

📉 So criticizing Bitcoin for “slowness” is like blaming TCP/IP because your old modem won’t stream YouTube.\ The protocol isn’t the problem — it’s the infrastructure.

🛡️ And by the way: Visa crashes more often than Bitcoin.

---

9. “We Need Geopolitical Will”

Not necessarily. All it takes is the will of the people — and leaders willing to act. El Salvador didn’t wait for G20 approval or IMF blessings. Since 2001, the country had used the US dollar as its official currency, abandoning its own colón. But that didn’t save it from inflation or dependency on foreign monetary policy. In 2021, El Salvador became the first country to recognize Bitcoin as legal tender. Since March 13, 2024, they’ve been purchasing 1 BTC daily, tracked through their public address:

🔗 Address\ 📅 First transaction

This policy became the foundation of their Strategic Bitcoin Reserve (SBR) — a state-led effort to accumulate Bitcoin as a national reserve asset for long-term stability and sovereignty.

Their example inspired others.

In March 2025, U.S. President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve of the USA, to be funded through confiscated Bitcoin and digital assets.\ The idea: accumulate, don’t sell, and strategically expand the reserve — without extra burden on taxpayers.

Additionally, Senator Cynthia Lummis (Wyoming) proposed the BITCOIN Act, targeting the purchase of 1 million BTC over five years (\~5% of the total supply).\ The plan: fund it via revaluation of gold certificates and other budget-neutral strategies.

📚 More: Strategic Bitcoin Reserve — Wikipedia

👉 So no global consensus is required. No IMF greenlight.\ All it takes is conviction — and an understanding that the future of finance lies in decentralized, scarce assets like Bitcoin.

---

10. “-30% in a week, +50% in a month = not money”

True — Bitcoin is volatile. But that’s normal for new technologies and emerging money. It’s not a bug — it’s a price discovery phase. The world is still learning what this asset is.

📉 Volatility is the price of entry.\ 📈 But the reward is buying the future at a discount.

As Michael Saylor put it:

“A tourist sees Niagara Falls as chaos — roaring, foaming, spraying water.\ An engineer sees immense energy.\ It all depends on your mental model.”

Same with Bitcoin. Speculators see chaos. Investors see structural scarcity. Builders see a new financial foundation.

💡 Now consider gold:

👉 After the U.S. abandoned the gold standard in 1971, gold surged from \~$35 to over $800 in a decade — while suffering wild -40% to -60% crashes along the way.\ \ 📈 Gold Price Chart — Macrotrends\ \ Nobody said, “This can’t be money.” \ Because money is defined not by volatility, but by scarcity, adoption, and trust — which build over time.

📊 The more people save in Bitcoin, the more its volatility fades.

This is a journey — not a fixed state.

We don’t judge the internet by how it worked in 1994.\ So why expect Bitcoin to be the “perfect currency” in 2025?

It grows bottom-up — without regulators’ permission.\ And the longer it survives, the stronger it becomes.

Remember how many times it’s been declared dead.\ And how many times it came back — stronger.

---

📊 Gold vs. Bitcoin: Supply Comparison

This chart shows the key difference between the two hard assets:

🔹 Gold — supply keeps growing.\ Mining may be limited, but it’s still inflationary.\ Each year, there’s more — with no known cap: new mines, asteroid mining, recycling.

🔸 Bitcoin — capped at 21 million.\ The emission schedule is public, mathematically predictable, and ends completely around 2140.

🧠 Bottom line:\ Gold is good.\ Bitcoin is better — for predictability and scarcity.

💡 As Saifedean Ammous said:

“Gold was the best monetary good… until Bitcoin.”

While we argue — fiat erodes every day.

No matter your view on Bitcoin, just show me one other asset that is simultaneously:

– immune to devaluation by decree\ – impossible to print more of\ – impossible to confiscate by a centralized order\ – impossible to counterfeit\ – and, most importantly — transferable across borders without asking permission from a bank, a state, or a passport

💸 Try sending $10,000 through PayPal from Iran to Paraguay, or Bangladesh to Saint Lucia.\ Good luck. PayPal doesn't even work there.

Now open a laptop, type 12 words — and you have access to your savings anywhere on Earth.

🌍 Bitcoin doesn't ask for permission.\ It works for everyone, everywhere, all the time.

📌 There has never been anything like this before.

Bitcoin is the first asset in history that combines:

– digital nature\ – predictable scarcity\ – absolute portability\ – and immunity from tyranny

💡 As Michael Saylor said:

“Bitcoin is the first money in human history not created by bankers or politicians — but by engineers.”

You can own it with no bank.\ No intermediary.\ No passport.\ No approval.

That’s why Bitcoin isn’t just “internet money” or “crypto” or “digital gold.”\ It may not be perfect — but it’s incorruptible.\ And it’s not going away.\ It’s already here.\ It is the foundation of a new financial reality.

---

🔒 This is not speculation. This is a peaceful financial revolution.\ 🪙 This is not a stock. It’s money — like the world has never seen.\ ⛓️ This is not a fad. It’s a freedom protocol.

And when even the barber starts asking about Bitcoin — it’s not a bubble.\ It’s a sign that the system is breaking.\ And people are looking for an exit.

For the first time — they have one.

---

💼 This is not about investing. It’s about the dignity of work.

Imagine a man who cleans toilets at an airport every day.

Not a “prestigious” job.\ But a crucial one.\ Without him — filth, bacteria, disease.

He shows up on time. He works with his hands.

And his money? It devalues. Every day.

He doesn’t work less — often he works more than those in suits.\ But he can afford less and less — because in this system, honest labor loses value each year.

Now imagine he’s paid in Bitcoin.

Not in some “volatile coin,” but in hard money — with a limited supply.\ Money that can’t be printed, reversed, or devalued by central banks.

💡 Then he could:

– Stop rushing to spend, knowing his labor won’t be worth less tomorrow\ – Save for a dream — without fear of inflation eating it away\ – Feel that his time and effort are respected — because they retain value

Bitcoin gives anyone — engineer or janitor — a way out of the game rigged against them.\ A chance to finally build a future where savings are real.

This is economic justice.\ This is digital dignity.

📉 In fiat, you have to spend — or your money melts.\ 📈 In Bitcoin, you choose when to spend — because it’s up to you.

🧠 In a deflationary economy, both saving and spending are healthy:

You don’t scramble to survive — you choose to create.

🎯 That’s true freedom.

When even someone cleaning floors can live without fear —\ and know that their time doesn’t vanish... it turns into value.

@ 9994730e:7df84c81

And this is the regular text.

@ ecda4328:1278f072

An honest response to objections — and an answer to the most important question: why does any of this matter?

---

\ Statement: Deflation is not the enemy, but a natural state in an age of technological progress.\ Criticism: in real macroeconomics, long-term deflation is linked to depressions.\ Deflation discourages borrowers and investors, and makes debt heavier.\ Natural ≠ Safe.

1. “Deflation → Depression, Debt → Heavier”

This is true in a debt-based system. Yes, in a fiat economy, debt balloons to the sky, and without inflation it collapses.

But Bitcoin offers not “deflation for its own sake,” but an environment where you don’t need to be in debt to survive. Where savings don’t melt away.\ Jeff Booth said it clearly:

“Technology is inherently deflationary. Fighting deflation with the printing press is fighting progress.”

You don’t have to take on credit to live in this system. Which means — deflation is not an enemy, but an ally.

💡 People often confuse two concepts:

1. That deflation doesn’t work in an economy built on credit and leverage — that’s true.

2. That deflation itself is bad — that’s a myth.

📉 In reality, deflation is the natural state of a free market when technology makes everything cheaper.

Historical example:\ In the U.S., from the Civil War to the early 1900s, the economy experienced gentle deflation — alongside economic growth, employment expansion, and industrial boom.\ Prices fell: for example, a sack of flour cost \~$1.00 in 1865 and \~$0.50 in 1895 — and there was no crisis, because wages held and productivity increased.

Modern example:\ Consumer electronics over the past 20–30 years are a vivid example of technological deflation:\ – What cost $5,000 in 2000 (e.g., a 720p plasma TV) now costs $300 and delivers 10× better quality.\ – Phones, computers, cameras — all became far more powerful and cheaper at the same time.\ That’s how tech-driven deflation works: you get more for less.

📌 Bitcoin doesn’t make the world deflationary. It just doesn’t fight against deflation, unlike the fiat model that fights to preserve its debt pyramid.\ It stops punishing savers and rewards long-term thinkers.

Even economists often confuse organic tech deflation with crisis-driven (debt) deflation.

---

\ \ Statement: We’ve never lived in a truly free market — central banks and issuance always existed.\ Criticism: ideological statement.\ A truly “free” market is utopian.\ Banks and monetary issuance emerged in response to crises.\ A market without arbiters is not always fair, especially under imperfect competition.

2. “The Free Market Is a Utopia”

Yes, “pure markets” are rare. But what we have today isn’t regulation — it’s centralized power in the hands of central banks and cartels.

Bitcoin offers rules without rulers. 21 million. No one can change the issuance. It’s not ideology — it’s code instead of trust. And it has worked for 15 years.

---

\ \ Statement: Inflation is an invisible tax, especially on the poor and working class.\ Criticism: partly true: inflation can reduce debt burden, boost employment.\ The state indexes social benefits. Under stable inflation, compensators can work. Under deflation, things might be worse (mass layoffs, defaults).

3. “Inflation Can Help”

Theoretically — yes. Textbooks say moderate inflation can reduce debt burdens and stimulate consumption and jobs.\ But in practice — it works as a stealth tax, especially on those without assets. The wealthy escape — into real estate, stocks, funds.\ But the poor and working class lose purchasing power because their money is held in cash — and cash devalues.

💬 As Lyn Alden says:

“When your money can’t hold value, you’re forced to become an investor — even if you just want to save and live.”

The state may index pensions or benefits — but always with a lag, and always less than actual price increases.\ If bread rises 15% and your payment increase is 5%, you got poorer, even if the number on paper went up.

💥 We live in an inflationary system of everything:\ – Inflationary money\ – Inflationary products\ – Inflationary content\ – And now even inflationary minds

🧠 This is more than just rising prices — it’s a degradation of reality perception. You’re always rushing, everything loses meaning.\ But when did the system start working against you?

📉 What went wrong after 1971?

This chart shows that from 1948 to the early 1970s, productivity and wages grew together.\ But after the end of the gold standard in 1971 — the connection broke. Productivity kept rising, but real wages stalled.

👉 This means: you work more, better, faster — but buy less.

🔗 Source: wtfhappenedin1971.com

When you must spend today because tomorrow it’ll be worth less — that’s rewarding impulse and punishing long-term thinking.

Bitcoin offers a different environment:\ – Savings work\ – Long-term thinking is rewarded\ – The price of the future is calculated, not forced by a printing press

📌 Inflation can be a tool. But in government hands, it became a weapon — a slow, inevitable upward redistribution of wealth.

Indexing is weak compensation if bread is up 15% and your “increase” is only 5%.

---

\ \ Statement: War is not growth, but a reallocation of resources into destruction.

Criticism: war can spur technological leaps (Internet, GPS, nuclear energy — all from military programs). "Military Keynesianism" was a real model.

4. “War Drives R&D”

Yes, wars sometimes give rise to tech spin-offs: Internet, GPS, nuclear power — all originated from military programs.

But that doesn’t make war a source of progress — it makes tech a byproduct of catastrophe.

“War reallocates resources toward destruction — not growth.”

Progress doesn’t happen because of war — it happens despite it.

If scientific breakthroughs require a million dead and burnt cities — maybe you’ve built your economy wrong.

💬 Even Michael Saylor said:

“If you need war to develop technology — you’ve built civilization wrong.”

No innovation justifies diverting human labor, minds, and resources toward destruction.\ War is always the opposite of efficiency — more is wasted than created.

🧠 Bitcoin, on the other hand, is an example of how real R&D happens without violence.\ No taxes. No army. Just math, voluntary participation, and open-source code.

📌 Military Keynesianism is not a model of progress — it’s a symptom of a sick monetary system that needs destruction to reboot.

Bitcoin shows that coordination without violence is possible.\ This is R&D of a new kind: based not on destruction, but digital creation.

---

Statement: Bitcoin isn’t “Gold 1.0,” but an improved version: divisible, verifiable, unseizable.

Criticism: Bitcoin has no physical value; "unseizability" is a theory;\ Gold is material and autonomous.

5. “Bitcoin Has No Physical Value”

And gold does? Just because it shines?

Physical form is no guarantee of value.\ Real value lies in: scarcity, reliable transfer, verifiability, and non-confiscatability.

Gold is:\ – Hard to divide\ – Hard to verify\ – Expensive to store\ – Easy to seize

💡 Bitcoin is the first store of value in history that is fully free from physical limitations, and yet:\ – Absolutely scarce (21M, forever)\ – Instantly transferable over the Internet\ – Cryptographically verifiable\ – Controlled by no government

🔑 Bitcoin’s value lies in its liberation from the physical.\ It doesn’t need to be “backed” by gold or oil. It’s backed by energy, mathematics, and ongoing verification.

“Price is what you pay, value is what you get.” — Warren Buffett

When you buy bitcoin, you’re not paying for a “token” — you’re gaining access to a network of distributed financial energy.

⚡️ What are you really getting when you own bitcoin?\ – A key to a digital asset that can’t be faked\ – The ability to send “crystallized energy” anywhere on Earth\ – A role in a new accounting system that runs 24/7/365\ – Freedom: from banks, borders, inflation, and force

📉 Bitcoin doesn’t require physical value — because it creates value:\ Through trust, scarcity, and energy invested in mining.\ And unlike gold, it was never associated with slavery.

---

Statement: There’s no “income without risk” in Bitcoin: just hold — you preserve; want more — invest, risk, build.

Criticism: contradicts HODL logic; speculation remains dominant behavior.

6. “Speculation Dominates”

For now — yes. That’s normal for the early phase of a new technology. Awareness doesn’t come instantly.

What matters is not the motive of today’s buyer — but what they’re buying.

📉 A speculator may come and go — but the asset remains.\ And this asset is the only one in history that will never exist again. 21 million. Forever.

📌 Look deeper. Bitcoin has:\ – No CEO\ – No central issuer\ – No inflation\ – No “off switch”

💡 It’s not a stock. Not a startup. Not someone’s project.\ It’s a new foundation for trust.\ It’s opting out of a system where freedom is a privilege you’re granted under conditions.

🧠 People say: “Bitcoin can be copied.”\ Theoretically — yes.\ Practically — never.

Here’s what you’d need to recreate Bitcoin:\ – No pre-mine\ – A founder who disappears and never sells\ – No foundation or corporation\ – Tens of thousands of nodes worldwide\ – 701 million terahashes of hash power\ – Thousands of devs writing open protocols\ – Hundreds of global conferences\ – Millions of people defending digital sovereignty\ – All that without a single marketing budget

That’s all.

🔁 Everything else is an imitation, not a creation.\ Just like you can’t “reinvent fire” — Bitcoin can only exist once.

---

Statements:\ The Russia's '90s weren’t a free market — just anarchic chaos without rights protection.*\ Unlike fiat or even dollars, Bitcoin is the first asset with real defense — from governments, inflation, even thugs.\ And yes, even if your barber asks about Bitcoin — maybe it's not a bubble, but a sign that inflation has already hit everyone.

Criticism: Bitcoin’s protection isn’t universal — it works only with proper handling and isn’t available to all.\ Some just want to “get rich.”\ None of this matters because:

1. Bitcoin’s volatility (-30% in a week, +50% in a month) makes it unusable for price planning or contracts.

2. It can’t handle mass-scale usage.

3. To become currency, geopolitical will is needed — and without the first two, don’t even talk about the third.\ Also: “Bitcoin is too complicated for the average person.”

7. “It’s Too Complex for the Masses”

It’s complex — if you’re using L1 (Layer 1). But even grandmas use Telegram. In El Salvador, schoolkids buy lunch with Lightning. My barber installed Wallet of Satoshi in minutes right in front of me — and I now pay for my haircut via Lightning.

UX is just a matter of time. And it’s improving. Emerging tools:\ Cashu, Fedimint, Fedi, Wallet of Satoshi, Phoenix, Proton Wallet, Swiss Bitcoin Pay, Bolt Card / CoinCorner (NFC cards for Lightning payments).

This is like the internet in 1995:\ It started with modems — now it’s 4K streaming.

---

8. “Can’t Handle the Load”

A common myth.\ Yes, Bitcoin L1 processes about 7 transactions per second — intentionally. It’s not built to be Visa. It’s a financial protocol, just like TCP/IP is a network protocol. TCP/IP isn’t “fast” or “slow” — the experience depends on the infrastructure built on top: servers, routers, hardware. In the ’90s, it delivered text. Today, it streams Netflix. The protocol didn’t change — the stack did.

Same with Bitcoin: L1 defines rules, security, finality.\ Scaling and speed? That’s the second layer’s job.

To understand scale:

| Network | TPS (Transactions/sec) | | --- | --- | | Visa | up to 24,000 | | Mastercard | \~5,000 | | PayPal | \~193 | | Litecoin | \~56 | | Ethereum | \~20 | | Bitcoin | \~7 |

\ ⚡️ Enter Lightning Network — Bitcoin’s “fast lane.”\ It allows millions of transactions per second, instantly and nearly free.

And it’s not a sidechain.

❗️ Lightning is not a separate network.\ It uses real Bitcoin transactions (2-of-2 multisig). You can close the channel to L1 at any time. It’s not an alternative — it’s a native extension built into Bitcoin.\ Also evolving: Ark, Fedimint, eCash — new ways to scale and add privacy.

📉 So criticizing Bitcoin for “slowness” is like blaming TCP/IP because your old modem won’t stream YouTube.\ The protocol isn’t the problem — it’s the infrastructure.

🛡️ And by the way: Visa crashes more often than Bitcoin.

---

9. “We Need Geopolitical Will”

Not necessarily. All it takes is the will of the people — and leaders willing to act. El Salvador didn’t wait for G20 approval or IMF blessings. Since 2001, the country had used the US dollar as its official currency, abandoning its own colón. But that didn’t save it from inflation or dependency on foreign monetary policy. In 2021, El Salvador became the first country to recognize Bitcoin as legal tender. Since March 13, 2024, they’ve been purchasing 1 BTC daily, tracked through their public address:

🔗 Address\ 📅 First transaction

This policy became the foundation of their Strategic Bitcoin Reserve (SBR) — a state-led effort to accumulate Bitcoin as a national reserve asset for long-term stability and sovereignty.

Their example inspired others.

In March 2025, U.S. President Donald Trump signed an executive order creating the Strategic Bitcoin Reserve of the USA, to be funded through confiscated Bitcoin and digital assets.\ The idea: accumulate, don’t sell, and strategically expand the reserve — without extra burden on taxpayers.

Additionally, Senator Cynthia Lummis (Wyoming) proposed the BITCOIN Act, targeting the purchase of 1 million BTC over five years (\~5% of the total supply).\ The plan: fund it via revaluation of gold certificates and other budget-neutral strategies.

📚 More: Strategic Bitcoin Reserve — Wikipedia

👉 So no global consensus is required. No IMF greenlight.\ All it takes is conviction — and an understanding that the future of finance lies in decentralized, scarce assets like Bitcoin.

---

10. “-30% in a week, +50% in a month = not money”

True — Bitcoin is volatile. But that’s normal for new technologies and emerging money. It’s not a bug — it’s a price discovery phase. The world is still learning what this asset is.

📉 Volatility is the price of entry.\ 📈 But the reward is buying the future at a discount.

As Michael Saylor put it:

“A tourist sees Niagara Falls as chaos — roaring, foaming, spraying water.\ An engineer sees immense energy.\ It all depends on your mental model.”

Same with Bitcoin. Speculators see chaos. Investors see structural scarcity. Builders see a new financial foundation.

💡 Now consider gold:

👉 After the U.S. abandoned the gold standard in 1971, gold surged from \~$35 to over $800 in a decade — while suffering wild -40% to -60% crashes along the way.

Source: 📈 Gold Price Chart — Macrotrends\ \ Nobody said, “This can’t be money.” \ Because money is defined not by volatility, but by scarcity, adoption, and trust — which build over time.

📊 The more people save in Bitcoin, the more its volatility fades.

This is a journey — not a fixed state.

We don’t judge the internet by how it worked in 1994.\ So why expect Bitcoin to be the “perfect currency” in 2025?

It grows bottom-up — without regulators’ permission.\ And the longer it survives, the stronger it becomes.

Remember how many times it’s been declared dead.\ And how many times it came back — stronger.

---

📊 Gold vs. Bitcoin: Supply Comparison

This chart shows the key difference between the two hard assets:

🔹 Gold — supply keeps growing.\ Mining may be limited, but it’s still inflationary.\ Each year, there’s more — with no known cap: new mines, asteroid mining, recycling.

🔸 Bitcoin — capped at 21 million.\ The emission schedule is public, mathematically predictable, and ends completely around 2140.

🧠 Bottom line:\ Gold is good.\ Bitcoin is better — for predictability and scarcity.

💡 As Saifedean Ammous said:

“Gold was the best monetary good… until Bitcoin.”

While we argue — fiat erodes every day.

No matter your view on Bitcoin, just show me one other asset that is simultaneously:

– immune to devaluation by decree\ – impossible to print more of\ – impossible to confiscate by a centralized order\ – impossible to counterfeit\ – and, most importantly — transferable across borders without asking permission from a bank, a state, or a passport

💸 Try sending $10,000 through PayPal from Iran to Paraguay, or Bangladesh to Saint Lucia.\ Good luck. PayPal doesn't even work there.

Now open a laptop, type 12 words — and you have access to your savings anywhere on Earth.

🌍 Bitcoin doesn't ask for permission.\ It works for everyone, everywhere, all the time.

📌 There has never been anything like this before.

Bitcoin is the first asset in history that combines:

– digital nature\ – predictable scarcity\ – absolute portability\ – and immunity from tyranny

💡 As Michael Saylor said:

“Bitcoin is the first money in human history not created by bankers or politicians — but by engineers.”

You can own it with no bank.\ No intermediary.\ No passport.\ No approval.

That’s why Bitcoin isn’t just “internet money” or “crypto” or “digital gold.”\ It may not be perfect — but it’s incorruptible.\ And it’s not going away.\ It’s already here.\ It is the foundation of a new financial reality.

---

🔒 This is not speculation. This is a peaceful financial revolution.\ 🪙 This is not a stock. It’s money — like the world has never seen.\ ⛓️ This is not a fad. It’s a freedom protocol.

And when even the barber starts asking about Bitcoin — it’s not a bubble.\ It’s a sign that the system is breaking.\ And people are looking for an exit.

For the first time — they have one.

---

💼 This is not about investing. It’s about the dignity of work.

Imagine a man who cleans toilets at an airport every day.

Not a “prestigious” job.\ But a crucial one.\ Without him — filth, bacteria, disease.

He shows up on time. He works with his hands.

And his money? It devalues. Every day.

He doesn’t work less — often he works more than those in suits.\ But he can afford less and less — because in this system, honest labor loses value each year.

Now imagine he’s paid in Bitcoin.

Not in some “volatile coin,” but in hard money — with a limited supply.\ Money that can’t be printed, reversed, or devalued by central banks.

💡 Then he could:

– Stop rushing to spend, knowing his labor won’t be worth less tomorrow\ – Save for a dream — without fear of inflation eating it away\ – Feel that his time and effort are respected — because they retain value

Bitcoin gives anyone — engineer or janitor — a way out of the game rigged against them.\ A chance to finally build a future where savings are real.

This is economic justice.\ This is digital dignity.

📉 In fiat, you have to spend — or your money melts.\ 📈 In Bitcoin, you choose when to spend — because it’s up to you.

🧠 In a deflationary economy, both saving and spending are healthy:

You don’t scramble to survive — you choose to create.

🎯 That’s true freedom.

When even someone cleaning floors can live without fear —\ and know that their time doesn’t vanish... it turns into value.

@ 9994730e:7df84c81

I will add a picture, a hyperlink and a video. Let’s see if it works.

Click here for youtube!

@ cae03c48:2a7d6671

Bitcoin Magazine

Strategy Buys $765 Million Worth of Additional Bitcoin

Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, according to a Form 8-K filed with the Securities and Exchange Commission on Monday, as the company continues its aggressive Bitcoin accumulation strategy amid rising institutional adoption.

The business intelligence firm purchased the Bitcoin at an average price of $103,498 per coin between May 12 and May 18, funded through a combination of stock offerings. The company raised $705.7 million through an at-the-market (ATM) offering of Class A common stock, and an additional $59.7 million from issuing 621,555 shares of Series A STRK preferred stock.

BREAKING: STRATEGY BUYS ANOTHER 7,390 #BITCOIN FOR $764 MILLION pic.twitter.com/5SSzAxkid5

— Bitcoin Magazine (@BitcoinMagazine) May 19, 2025

This latest acquisition brings Strategy’s total Bitcoin holdings to 576,230 BTC, worth approximately $59 billion at current market prices. The company’s average purchase price across all its Bitcoin holdings now stands at $69,726 per coin, with a total investment of $40.18 billion.

The announcement comes as Strategy faces a class action lawsuit filed on May 16 in the U.S. District Court for the Eastern District of Virginia. The lawsuit, filed by Anas Hamza, alleges that the company, along with executives Michael Saylor, Phong Le, and Andrew Kang, made misleading statements about the risks associated with its Bitcoin-focused investment strategy.

The complaint covers the period from April 30, 2024, to April 4, 2025, claiming the defendants failed to adequately disclose information about the anticipated profitability of their Bitcoin strategy and the potential magnitude of losses following new accounting standards. Strategy stated in its filing that it “intends to vigorously defend against these claims.”

Strategy has significantly expanded its Bitcoin acquisition program in 2025, utilizing two ATM offerings totaling $42 billion – a $21 billion common stock program established on May 1 and a $21 billion preferred stock program. As of May 18, approximately $18.98 billion remains available under the common stock ATM and $20.79 billion under the preferred stock ATM.

Strategy maintains its position as the largest corporate holder of Bitcoin, with its holdings representing a significant portion of the total Bitcoin supply in circulation. The company continues to execute its strategy of converting excess cash flow and raising capital to acquire additional Bitcoin, despite market volatility and legal challenges.

This post Strategy Buys $765 Million Worth of Additional Bitcoin first appeared on Bitcoin Magazine and is written by Vivek Sen.

@ 4fa5d1c4:fd6c6e41

Willkommen zur Mitmachplattform: KI-Kompetenzen für die religionsbezogene Bildung

Diese Plattform ist ein offenes, gemeinschaftliches Lernmodul für alle, die KI-Kompetenzen im Kontext der religionsbezogenen Bildung entdecken, vertiefen und weitergeben möchten.\ Hier können Religionslehrende, Hochschulangehörige und ehrenamtlich Engagierte gemeinsam Inhalte entwickeln, teilen und weiterentwickeln.

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Was ist das Ziel?

Wir schaffen eine offene Lernumgebung, in der Materialien zu KI-Kompetenzen für Schule, Hochschule und außerschulische Jugendarbeit kollaborativ entstehen.\ Die Plattform richtet sich an Lehrkräfte, Fortbildner:innen und Ehrenamtliche, die KI-Themen in der religiösen Bildung verantwortungsvoll erschließbar machen wollen.

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Unser Kompetenzmodell

Im Zentrum steht ein Kreismodell mit vier Kompetenzbereichen, die auf drei Niveaustufen ausdifferenziert sind:\ Verstehen, Anwenden, Reflektieren und Gestalten.\ Diese Bereiche bauen aufeinander auf, beeinflussen sich gegenseitig und werden durch die zentrale Kompetenz AI Leadership verbunden.

| Kompetenzbereich | Beschreibung | | -------------------------------------------------------------------- | ---------------------------------------- | | 🟢 VERSTEHEN | Grundlagen und Mechanismen von KI | | 🔵 ANWENDEN | KI-Tools im Lernprozess nutzen | | 🟠 REFLEKTIEREN | Kritische Auseinandersetzung mit KI | | 🟣 GESTALTEN | Aktive Weiterentwicklung von KI-Systemen |

Jeder Lerninhalt ist einem Kompetenzbereich (und wenn möglich einer Niveaustufe) zugeordnet – farblich und inhaltlich klar erkennbar.

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So funktioniert die Mitmachplattform

• Offene Inhalte: Alle Materialien werden als Markdown-Dateien über Nostr gepflegt.

• Mitmachen leicht gemacht: Egal wo auf Nostr du publizierst, mit den Hashtags #relilab und dem jeweiligen Kompetenzbereich als Schlagwort (also #verstehen, #anwenden, #gestalten, #reflektieren) finden wir diese Hashtagkombination und können die Webseite mit deiner Idee oder Weiterentwicklung ergänzen.

• Anleitungen: Eine eigene Seite erklärt Schritt für Schritt, wie du dich beteiligen kannst – ganz ohne Vorkenntnisse im Programmieren.

• Suchfunktion: Finde gezielt Inhalte nach Kompetenzbereich, Niveaustufe oder Schlagworten.

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Für wen ist diese Plattform?

• Lehrkräfte an Schulen und Hochschulen in religionsbezogenen Fächern

• Ehrenamtliche und Multiplikator:innen in der kirchlichen Jugendarbeit

• Fort- und Weiterbildner:innen im Bereich KI und Religion

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#OER #relilab

antworte einfach auf diese Nachricht oder komm' in den Matrix/Element-Raum https://matrix.to/#/#relilab-ki:rpi-virtuell.de> zum Online-Austausch!

@ 9994730e:7df84c81

Is it still working?

@ f85b9c2c:d190bcff

Fake KYC Emails

Phishing scammers are again targeting users of the popular cryptocurrency wallet MetaMask. In a recent email campaign, cybercriminals are attempting to trick people into revealing their secret MetaMask passphrase. The emails falsely claim that you must urgently verify your wallet due to new Know Your Customer (KYC) regulations. If you fall for the scope and click the “Verify” button, you will be taken to a fake MetaMask website that asks you to enter your passphrase. If you do provide your passphrase, criminals can access your wallet and steal any cryptocurrency you have stored there. You are unlikely to get your stolen crypto back. Such email scam campaigns are ongoing and target users of many different cryptocurrency wallets. Be wary of any unsolicited email or text message that claims that you must provide your crypto wallet passphrase or other sensitive personal information. image

@ 2b24a1fa:17750f64

Ohne Meinungsfreiheit keine Pressefreiheit. Wo also Regierungen und deren mitunter als NGO getarnte Handlanger die Meinungsfreiheit einschränken, beschneiden sie auch die Pressefreiheit. In Artikel 5 des Grundgesetzes heißt es: „Die Pressefreiheit und die Freiheit der Berichterstattung durch Rundfunk und Film werden gewährleistet. Eine Zensur findet nicht statt.“ Wirklich? Was ist mit dem EU-weit geltende Digital Services Act (deutsch: Gesetz über digitale Dienste)? Laut politischem Establishment dient dieses Gesetz dem „Kampf gegen Desinformation und Hassrede“. Doch wer bestimmt, was Desinformation ist? Zählen dazu beispielsweise auch Aussagen von Gesundheitsministern über nicht vorhandene Nebenwirkungen von Covid-Impfungen? Und Wahlversprechen, die derjenige nur gemacht, um an Stimmen zu kommen, aber die Versprechen nie umsetzen wollte? Und was ist mit dem schwammigen Begriff „Hassrede“? Der Medienrechtsanwalt Joachim Steinhöfel schreibt: „Unser Strafgesetzbuch kennt den Begriff gar nicht.“ Dafür öffnet es staatlicher Willkür eine weitere Tür.\ In der Rangliste zur Pressefreiheit, die jedes Jahr von Reporter ohne Grenzen erstellt wird, finden diese Punkte kaum Beachtung. Keine Überraschung für unseren Autor, den Medienwissenschaftler Michael Meyen. Hören Sie seinen Beitrag „Der Westen gewinnt immer“, zuerst erschienen auf der Website der Freien Akademie für Medien und Journalismus sowie als Video verfügbar: www.freie-medienakademie.de/medien-plus…leerstellen und www.youtube.com/watch?v=Vp5YlGfJAm8

Sprecherin: Sabrina Khalil

Bild: ChatGPT im Auftrag von Radio München

@ 9994730e:7df84c81

Is it actually called “summary”?

@ 2b24a1fa:17750f64

„Was wäre, wenn Bürger keine verzogenen und bösen Wähler wären? Was, wenn in jedem einzelnen von uns ein verantwortungsbewusster, motivierter und konstruktiver Bürger steckte? Oder anders gesagt: Was wäre, wenn eine echte Demokratie realisierbar wäre?“, schreibt der Historiker Rutger Bregman in seinem Buch Im Grunde gut und beantwortet die Frage mit einem Beispiel aus Venezuela, wo die Bürger „100 Prozent des Investitionsbudgets der Gemeinde“ selbst verwalten. Es geht hier nicht um ein Fünf-Seelen-Dorf, sondern immerhin um eine Gemeinde mit mehr als 200.000 Einwohnern. Bregmans Botschaft: Bregmans Botschaft: Demokratie wäre möglich.

https://soundcloud.com/radiomuenchen/great-reset-von-unten/s-8hVwq6ZwygB?

In Deutschland ist das nicht anders. Dabei enthält das als Provisorium gedachte Grundgesetz von 1949 ganz gute Ansätze. Doch bis heute fehlt ihm die demokratische Legitimation, die auch 1990 ausblieb, nach dem Beitritt der aufgelösten DDR. Um aus dem Grundgesetz eine gültige Verfassung zu machen, bedarf es einer Volksabstimmung, die nie erfolgte. Was wir tun können, um endlich eine Verfassung zu erhalten, die den Interessen der Menschen dient, darüber haben wir uns schon im Juli 2021 mit dem Autor und Demokratie-Aktivisten Ralph Boes unterhalten. Jetzt hat er ein Buch geschrieben: „Great Reset von unten – Die ultimative Delegitimierung unseres Staates und die konkreten Schritte, das ganze vom Grunde her in Ordnung zu bringen“.

Unser Autor Jonny Rieder hat es gelesen.

Sprecher: Ulrich Allroggen

Bild: ChatGPT im Auftrag von Radio München

@ 472f7a9b:1e7e0bff

A few weeks ago, I ran into an old friend at a coffee shop. We hadn’t spoken in years, and within five minutes, she said something I’ve heard countless times:

“I just feel like I’m so behind.”

Behind who? Behind what?

There’s this idea—quiet, nagging, oddly universal—that we’re all somehow in a race we didn’t sign up for. That we’re supposed to have hit certain milestones by certain ages. That if we’re not married, promoted, rich, settled, happy (and photogenic) by 30 or 40 or pick your poison, then we’ve failed some invisible test.

Where did this come from?

Some of it’s cultural, obviously. Social media compresses timelines. You’re 27, doom-scrolling, and suddenly someone from high school just IPO’d their startup and got engaged in Rome. Another just bought a house with a kitchen island the size of a small country. You wonder if you missed a memo.

But beneath that, there’s something deeper. A belief that life is linear. That it should look like a staircase: school, job, marriage, house, kids, success. But real life? It’s a squiggle. A mess. A beautiful disaster.

Here’s the truth: You’re not behind. There’s no schedule. There’s only your path, and the courage it takes to stay on it—even when it looks wildly different from everyone else’s.

I say this as someone who has taken the “scenic route.” I changed careers in my 30s. I moved cities on a hunch. I dropped things that looked great on paper because they felt wrong in my gut. I’ve had seasons of momentum and seasons of stuckness. Both were necessary.

“Catching up” assumes there’s a fixed destination. But what if there isn’t? What if the point isn’t arrival, but presence? Progress that feels real, not performative?

If you need a permission slip to stop comparing, let this be it.

You’re not late. You’re not early.
You’re right on time.

@ 2b24a1fa:17750f64

Wo läßt es sich trefflicher plaudern als am Küchentisch. Es muß ja nicht unbedingt der eigene sein. Hauptsache, es sitzen vergnügte Menschen reinen Herzens daran, wie zum Beispiel die Herren Helmut Schleich und Franz Esser.

https://soundcloud.com/radiomuenchen/queere-tiere-andere-gottentotten-am-kuchentisch-mit-esser-schleich?