@ 20e7c953:3b8bcb21

21… That number means something. A reminder that limits create value - both in Bitcoin and in life.

Every June 21st, skaters around the world remind us that freedom is something you make yourself - one push at a time only constrained by your own limitations.

This year in Vientiane, we’re proud to support one of the few real skate spots in Laos. A place built and held together by skaters for skaters.

Expect around 50 locals - from young kids to older heads - showing up not just to skate, but to hold space for each other. No ego, no filters, just boards, fun and respect.

Bircoiners have lots to learn from these communities on this regard. Go skate and you'll find out.

SnF

Laostr

Skateboardingisfun

Skate4Fun

@ a5142938:0ef19da3

Brands

Nordkidz is a German brand that creates made-to-order clothing and linens for babies, children, and a little bit for their parents.

Natural materials used in products

• Cotton (organic)
• Hemp (organic)
• Wool

⚠️ Warning: some products from this brand contain non-natural materials, including:

• Elastane, lycra, spandex

Categories of products offered

This brand offers products made entirely from natural materials in the following categories:

Clothing

• Clothing fits : babies, children, unisex
• Tops : sweaters, t-shirts
• Bottoms : pants-trousers, shorts, sweatpants
• Head & handwear : hats, scarves

Home

• Linen : bath ponchos, bean bag covers, muslin squares

Other information

👉 Learn more on the brand website

Where to find their products?

• Nordkidz (in German, delivery area: Germany and the European Union) 💚 Via this link, you directly support the brand.

---

📝 You can contribute to this entry by suggesting edits in comments.

🗣️ Do you use this brand's products? Share your opinion in the comments.

⚡ Happy to have found this information? Support the project by making a donation to thank the contributors.

@ e4950c93:1b99eccd

Marques

Nordkidz est une marque allemande qui crée à la demande des vêtements et linges pour les bébés, les enfants, et un peu pour leurs parents.

Matières naturelles utilisées dans les produits

• Chanvre (biologique)
• Coton (biologique)
• Laine

⚠️ Attention, certains produits de cette marque contiennent des matières non naturelles, dont :

• Elasthanne, lycra, spandex

Catégories de produits proposés

Cette marque propose des produits intégralement en matière naturelle dans les catégories suivantes :

Vêtements

• Tailles vêtements : bébés, enfants, unisexe
• Hauts : pulls, t-shirts
• Bas : pantalons, pantalons de survêtement, shorts
• Tête et mains : bonnets, écharpes

Maison

• Linge : housses de pouf, langes, ponchos de bain

Autres informations

👉 En savoir plus sur le site de la marque

Où trouver leurs produits ?

• Nordkidz (en allemand, zone de livraison : Allemagne et Union Européenne) 💚 Via ce lien vous soutenez directement la marque.

---

📝 Tu peux contribuer à cette fiche en suggérant une modification en commentaire.

🗣️ Tu utilises des produits de cette marque ? Partage ton avis en commentaire.

⚡ Heureu-x-se de trouver cette information ? Soutiens le projet en faisant un don pour remercier les contribut-eur-ice-s.

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• The latest firmware updates for COLDCARD devices introduce two major features: COLDCARD Co-sign (CCC) and Key Teleport between two COLDCARD Q devices using QR codes and/or NFC with a website.

What's new

• COLDCARD Co-Sign: When CCC is enabled, a second seed called the Spending Policy Key (Key C) is added to the device. This seed works with the device's Main Seed and one or more additional XPUBs (Backup Keys) to form 2-of-N multisig wallets.
  • The spending policy functions like a hardware security module (HSM), enforcing rules such as magnitude and velocity limits, address whitelisting, and 2FA authentication to protect funds while maintaining flexibility and control, and is enforced each time the Spending Policy Key is used for signing.
  • When spending conditions are met, the COLDCARD signs the partially signed bitcoin transaction (PSBT) with the Main Seed and Spending Policy Key for fund access. Once configured, the Spending Policy Key is required to view or change the policy, and violations are denied without explanation.

"You can override the spending policy at any time by signing with either a Backup Key and the Main Seed or two Backup Keys, depending on the number of keys (N) in the multisig."

• A step-by-step guide for setting up CCC is available here.

• Key Teleport for Q devices allows users to securely transfer sensitive data such as seed phrases (words, xprv), secure notes and passwords, and PSBTs for multisig. It uses QR codes or NFC, along with a helper website, to ensure reliable transmission, keeping your sensitive data protected throughout the process.

  • For more technical details, see the protocol spec.

"After you sign a multisig PSBT, you have option to “Key Teleport” the PSBT file to any one of the other signers in the wallet. We already have a shared pubkey with them, so the process is simple and does not require any action on their part in advance. Plus, starting in this firmware release, COLDCARD can finalize multisig transactions, so the last signer can publish the signed transaction via PushTX (NFC tap) to get it on the blockchain directly."

• Multisig transactions are finalized when sufficiently signed. It streamlines the use of PushTX with multisig wallets.
• Signing artifacts re-export to various media. Users are now provided with the capability to export signing products, like transactions or PSBTs, to alternative media rather than the original source. For example, if a PSBT is received through a QR code, it can be signed and saved onto an SD card if needed.
• Multisig export files are signed now. Public keys are encoded as P2PKH address for all multisg signature exports. Learn more about it here.
• NFC export usability upgrade: NFC keeps exporting until CANCEL/X is pressed.
• Added Bitcoin Safe option to Export Wallet.
• 10% performance improvement in USB upload speed for large files.
• Q: Always choose the biggest possible display size for QR.

Fixes

• Do not allow change Main PIN to same value already used as Trick PIN, even if Trick PIN is hidden.
• Fix stuck progress bar under Receiving... after a USB communications failure.
• Showing derivation path in Address Explorer for root key (m) showed double slash (//).
• Can restore developer backup with custom password other than 12 words format.
• Virtual Disk auto mode ignores already signed PSBTs (with “-signed” in file name).
• Virtual Disk auto mode stuck on “Reading…” screen sometimes.
• Finalization of foreign inputs from partial signatures. Thanks Christian Uebber!
• Temporary seed from COLDCARD backup failed to load stored multisig wallets.
• Destroy Seed also removes all Trick PINs from SE2.
• Lock Down Seed requires pressing confirm key (4) to execute.
• Q only: Only BBQr is allowed to export Coldcard, Core, and pretty descriptor.

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

News

• Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.
• Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
• The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
• The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
• Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.

"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.

• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.

"As a result, the Board will no longer expect banks to provide notification and will instead monitor banks' crypto-asset activities through the normal supervisory process," reads the FED statement.

• Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
• Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
• Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.

• Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.
• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
• UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

"Thank you, Bitaxe community. OSMU developers, your brilliance built this. Supporters, your belief drives us. Customers, your trust powers 10,000+ miners and 10PH globally. Together, we’re decentralizing Bitcoin’s future. Last but certainly not least, thank you@skot9000 for not only creating a freedom tool, but instilling the idea into thousands of people, that Bitcoin mining can be for everyone again," said the firm on X.

• OCEAN's DATUM has found 100 blocks. "Over 65% of OCEAN’s miners are using DATUM, and that number is growing every day. This means block template construction is making its way back into the hands of the miners, which is not only the most profitable

@ dfa02707:41ca50e3

• This version introduces the Soroban P2P network, enabling Dojo to relay transactions to the Bitcoin network and share others' transactions to break the heuristic linking relaying nodes to transaction creators.

• Additionally, Dojo admins can now manage API keys in DMT with labels, status, and expiration, ideal for community Dojo providers like Dojobay. New API endpoints, including "/services" exposing Explorer, Soroban, and Indexer, have been added to aid wallet developers.
• Other maintenance updates include Bitcoin Core, Tor, Fulcrum, Node.js, plus an updated ban-knots script to disconnect inbound Knots nodes.

"I want to thank all the contributors. This again shows the power of true Free Software. I also want to thank everyone who donated to help Dojo development going. I truly appreciate it," said Still Dojo Coder.

What's new

• Soroban P2P network. For MyDojo (Docker setup) users, Soroban will be automatically installed as part of their Dojo. This integration allows Dojo to utilize the Soroban P2P network for various upcoming features and applications.
• PandoTx. PandoTx serves as a transaction transport layer. When your wallet sends a transaction to Dojo, it is relayed to a random Soroban node, which then forwards it to the Bitcoin network. It also enables your Soroban node to receive and relay transactions from others to the Bitcoin network and is designed to disrupt the assumption that a node relaying a transaction is closely linked to the person who initiated it.
  • Pushing transactions through Soroban can be deactivated by setting NODE_PANDOTX_PUSH=off in docker-node.conf.
  • Processing incoming transactions from Soroban network can be deactivated by setting NODE_PANDOTX_PROCESS=off in docker-node.conf.
• API key management has been introduced to address the growing number of people offering their Dojos to the community. Dojo admins can now access a new API management tab in their DMT, where they can create unlimited API keys, assign labels for easy identification, and set expiration dates for each key. This allows admins to avoid sharing their main API key and instead distribute specific keys to selected parties.
• New API endpoints. Several new API endpoints have been added to help API consumers develop features on Dojo more efficiently:
  • New:
    • /latest-block - returns data about latest block
    • /txout/:txid/:index - returns unspent output data
    • /support/services - returns info about services that Dojo exposes
  • Updated:
    • /tx/:txid - endpoint has been updated to return raw transaction with parameter ?rawHex=1
  • The new /support/services endpoint replaces the deprecated explorer field in the Dojo pairing payload. Although still present, API consumers should use this endpoint for explorer and other pairing data.

Other changes

• Updated ban script to disconnect inbound Knots nodes.
• Updated Fulcrum to v1.12.0.
• Regenerate Fulcrum certificate if expired.
• Check if transaction already exists in pushTx.
• Bump BTC-RPC Explorer.
• Bump Tor to v0.4.8.16, bump Snowflake.
• Updated Bitcoin Core to v29.0.
• Removed unnecessary middleware.
• Fixed DB update mechanism, added api_keys table.
• Add an option to use blocksdir config for bitcoin blocks directory.
• Removed deprecated configuration.
• Updated Node.js dependencies.
• Reconfigured container dependencies.
• Fix Snowflake git URL.
• Fix log path for testnet4.
• Use prebuilt addrindexrs binaries.
• Add instructions to migrate blockchain/fulcrum.
• Added pull policies.

#FREESAMOURAI

Learn how to set up and use your own Bitcoin privacy node with Dojo here.

Announcement / Archive
GitHub Repo

@ eb0157af:77ab6c55

French authorities have identified a 24-year-old Franco-Moroccan man as the mastermind behind a series of attacks targeting crypto entrepreneurs, including the co-founder of Ledger.

The suspect, Badiss Mohamed Amide Bajjou, was captured in Tangier by Moroccan authorities following an international arrest warrant issued by Interpol.

The arrest marks a major breakthrough in the investigations into a wave of kidnappings that targeted several figures in the French crypto sector. According to Le Parisien, the suspect was wanted for multiple crimes, including armed extortion and kidnapping.

Bajjou is accused of remotely orchestrating a sophisticated criminal network specializing in targeting wealthy individuals in the crypto world. His alleged criminal activity dates back to July 2023, when he began coordinating abductions and extortion attempts against industry entrepreneurs.

The Ledger case and a wave of kidnappings

Among the most shocking incidents was the attack on David Balland, co-founder of Ledger. The kidnappers subjected him to extreme torture, amputating one of his fingers to increase psychological pressure while demanding a €10 million ransom in cryptocurrency. Investigations suggest a direct link between Bajjou and this case.

Another high-profile incident involved an attempted abduction of the family of Pierre Noizat, CEO of Paymium. In May, masked men tried to kidnap Noizat’s daughter, her husband, and their child in broad daylight. Subsequent investigations led to the indictment of 25 suspects, including teenagers and minors.

Capture operation and seizure of evidence

During Bajjou’s arrest, Moroccan authorities seized materials connected to the kidnappings. According to local media, multiple bladed weapons, dozens of mobile phones, and a substantial amount of cash allegedly linked to the criminal activities were confiscated.

International cooperation and the search for accomplices

French Interior Minister Gérald Darmanin publicly thanked Moroccan authorities for their cooperation in the arrest. However, investigations remain ongoing as another Franco-Moroccan man, believed to be the leader of the group and around 40 years old, is still at large. Interior Minister Bruno Retailleau has vowed to track down all those responsible and protect crypto entrepreneurs during meetings with industry leaders.

The post Suspected organizer of France’s crypto kidnapping spree arrested in Morocco appeared first on Atlas21.

@ 9ca447d2:fbf5a36d

In a massive vote of confidence for a new bitcoin-focused company, Tether and Bitfinex have moved over 37,000 BTC—worth $3.9 billion—to digital treasury firm Twenty One Capital. This is one of the largest Bitcoin transactions in recent history.

The announcement came from Paolo Ardoino, CEO of Tether and CTO of Bitfinex, through multiple posts on X. According to Ardoino, the transfers were part of a pre-funding round for the launch of Twenty One Capital, a new company that will lead the bitcoin treasury space.

Ardoino announced several transfers on X — Sources 1, 2, 3, 4, and 5

“Tether Group is moving 10,500 BTC to address bc1qpzt4m58zzqgp84ktyuj5tz8g8k8ssg2g2d5eeerwhx4gxulqq5mqjzm5gc as part of the pre-funding of SoftBank’s investment in Twenty One Capital (XXI)” Ardoino said.

Twenty One Capital is a new bitcoin treasury firm led by Jack Mallers, CEO of Strike and founder of Zap. The company is backed by Tether, Bitfinex, SoftBank and Cantor Fitzgerald.

The company will go public via a SPAC merger with Cantor Equity Partners (CEP) and will trade under the ticker XXI on Nasdaq. After the merger was announced CEP’s stock price skyrocketed from $11 to $59.75.

Cantor Equity Partners’ stock price jumped on news of the merger — TradingView

Mallers says the company’s mission is bold and clear: accumulate bitcoin and provide full transparency through public wallet disclosures, also known as providing “proof-of-reserves“.

Total bitcoin moved to Twenty One Capital so far include:

• 10,500 BTC from Tether on behalf of SoftBank (worth about $1.1 billion)
• 19,729.69 BTC from Tether (worth around $2 billion)
• 7,000 BTC from Bitfinex (valued at roughly $740 million)

The amounts sum up to 37,229.69 BTC, worth around $3.9 billion at current prices. These were verified on public blockchain explorers.

The Twenty One Capital wallets now show large balances. They have already confirmed they have 31,500 BTC. That makes them the 3rd largest corporate bitcoin holder behind Strategy and Marathon Digital Holdings.

Once these new transfers are confirmed, the company will take over Marathon to become the second-largest corporate holder of the scarce digital asset globally.

Related: Twenty One Capital Becomes 3rd-Largest Corporate Holder of Bitcoin

Unlike companies that add bitcoin to their balance sheet, Twenty One Capital exists solely to accumulate and manage bitcoin. It follows a model similar to Strategy but is more transparent.

Mallers introduced new financial metrics like Bitcoin Per Share (BPS) and Bitcoin Return Rate (BRR) to value the company in bitcoin terms, not fiat.

He thinks economic value in the future will not be measured in dollars but in satoshis—the smallest unit of bitcoin. The company is not just about guarding against fiat collapse, but about completely opting out of the system.

A key part of the firm’s strategy is proof of reserves. Unlike some other big bitcoin holders, Twenty One Capital has already published its public wallet addresses so anyone can verify its holdings in real time.

Ardoino called this approach “Bitcoin Treasury Transparency (BTT)” and said it’s a response to recent industry scandals that showed the dangers of financial opacity in digital assets.

Mallers added openness is the only way to build long-term trust in a bitcoin-native financial system.

Twenty One Capital wants to reshape financial infrastructure, build native bitcoin lending models and promote global Bitcoin adoption.

@ cae03c48:2a7d6671

Bitcoin Magazine

Semler Scientific Acquires 185 Bitcoin, Increasing Total Holdings to 4,449 BTC

Today, Semler Scientific announced it has increased its Bitcoin holdings. The company acquired 185 Bitcoin between May 23 and June 3 for $20 million with an average purchase price of $107,974 per Bitcoin, using proceeds from its at-the-market (ATM) offering program.

JUST IN: Public company Semler Scientific purchases an additional 185 #bitcoin for $20 million. pic.twitter.com/Iir6NiNzc8

— Bitcoin Magazine (@BitcoinMagazine) June 4, 2025

“We continue to accretively grow our bitcoin arsenal using operating cash flow and proceeds from debt and equity financings,” said the chairman of Semler Scientific Eric Semler. “And we are excited to launch the Semler Scientific dashboard today on our website to provide the public with regularly updated information on our bitcoin holdings and other key metrics.”

Since launching the ATM program in April 2025, Semler has raised approximately $136.2 million under the sales agreement of over 3.6 million shares of its common stock.

As of June 3, 2025, Semler holds 4,449 Bitcoin which were acquired for an amount of $410.0 million, with an average purchase price of $92,158 per Bitcoin. At the time of writing, the market value of these holdings is around $446.2 million.

Eric Semler on X posted, “SMLR acquires 185 Bitcoins for $20 million and has generated BTC Yield of 26.7% YTD. Now holding 4,449 $BTC.”

$SMLR acquires 185 #Bitcoins for $20 million and has generated BTC Yield of 26.7% YTD. Now holding 4,449 $BTC.

— Eric Semler (@SemlerEric) June 4, 2025

Semler Scientific uses the BTC Yield as a key performance indicator (KPI) to help assess the performance of its strategy of acquiring Bitcoin. As of year-to-date, the company has achieved a BTC Yield of 26.7%.

“Semler Scientific believes this KPI can be used to supplement an investor’s understanding of Semler Scientific’s decision to fund the purchase of Bitcoin by issuing additional shares of its common stock or instruments convertible to common stock,” stated the 8-K form.

In Q1 FY2025, Semler Scientific reported a difficult quarter. Revenue came in at $8.8 million, a 44% decrease year-over-year. Operating expenses jumped to $39.9 million from $8.9 million last year, mainly due to a $29.8 million contingent liability tied to the potential settlement with the DOJ. This led to a $31.1 million operating loss, compared to a $7.0 million profit in Q1 2024.

“Our healthcare business is seeing green shoots from the cardiovascular product line that we introduced to our large enterprise customer base this year,” said the CEO of Semler Scientific  Doug Murphy-Chutorian. “We are expecting growth and cash generation from these FDA-cleared products and services, which will add to our bitcoin treasury strategy.”

This post Semler Scientific Acquires 185 Bitcoin, Increasing Total Holdings to 4,449 BTC first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ cae03c48:2a7d6671

Bitcoin Magazine

BTCPay Server: The Backbone of Bitcoin Commerce, 2025

The genesis story of BTCPay Server is without a doubt one of the most iconic moments in Bitcoin history. A single developer, feeling betrayed by Bitpay, a bitcoin payments processing giant and its attempt at co-opting Bitcoin, declared economic war on the company in a tweet that will never be forgotten by the Bitcoin industry; “This is lies, my trust in you is broken, I will make you obsolete.”

Nicolas Dorier went on to create one of the most widely distributed open source projects in the Bitcoin industry and perhaps the invoicing and payments industry as a whole: BTCPay Server. Much has been written about the context and motivation behind Dorier’s founding of the project — there’s even a documentary about it. 

What’s seldom highlighted is how ambitious a project BTCPay Server is, how feature-rich it has become and how deeply integrated it is with the industry. In fact, it is easy to forget that as an open source project with no centralized database of users, BTCPay Server is both a massive privacy upgrade for its users and represents the removal of a fundamental middleman processing payments. As a result, Dorier and the BTCPay Server community have created a public goods infrastructure — a kind of commons of payment processing — that provides users real value by saving them fees, and providing them a much smoother user experience given that no personal information is required for the payments to flow.

Humbly described on their website as “a self-hosted, open-source cryptocurrency payment processor,” BTCPay Server is an invoicing and accounting system for merchants, a fully featured Bitcoin wallet with full node capabilities; on-chain, Lightning Network and Liquid Network support; hardware wallet support; and a modular plugin system. The plugins in particular extend the core of BTCPay Server into a wide range of niches. They also integrate into e-commerce giants such as WooCommerce and Shopify. 

It is somewhat difficult to gauge the success and scope of BTCPay Server. Because it is a self-hosted platform that does not capture customer data of any kind — it has no central cloud service as other payment processors do — our view into its success is somewhat limited. 

However, we can get a sense of their reach by proxy of other metrics, for example, their primary software repository has had over 170 open source contributors, with 8,393 commits at the time of writing. 

As of 2025, BTCPay Server has had one million downloads directly from its GitHub repository, which does not account for cloud providers of the software as hosted by companies like Voltage or Lunanode. It is also often the case that one instance of BTCPay Server serves multiple merchants and hosts multiple stores simultaneously. 

R0ckstardev, one of the top contributors to the project, told Bitcoin Magazine that there could be hundreds of thousands of instances of BTCPay Server running throughout the world. Tobe Chileta, a contributor to the project, also told Bitcoin Magazine that “of the seven continents of the world, I think it is only Antarctica that I haven’t seen someone run BTCPay server.” He added, “I’m certain we have merchants running in Asia, Africa, North America, South America, Europe and Australia.”

Companies

BTCPay Server’s website business directory, while far from exhaustive, covers hundreds of merchants onboarded. The BTCPay Server community also does regular case studies of user cohorts or major merchants that use the software, documenting their integration and story in their case studies page. It gives fantastic insights into a variety of Bitcoin communities throughout the world and includes useful guides on how to replicate various results and implementations.

Namecheap, for example, boasted over 70 million dollars’ of bitcoin volume since their integration of BTCPay Server. From May 18, 2020, to October 2024 they clocked in 1.1m transactions in total with over 500,000 users paying in bitcoin, resulting in over $73 million in revenue through payments made from over 200 countries. 

BTC Inc, the parent company of the biggest Bitcoin conference in the world, has for years been setting up BTCPay Server for its merchants, and even has a one-hour behind-the-scenes documentary on the complexities of setting up dozens of merchants at a conference (filmed during the Nashville 2024 Bitcoin conference). The event saw over 25,000 attendees, including the 47th president of the U.S., Donald J. Trump.

In this most recent Bitcoin 2025 conference in Las Vegas, BTCPay Server was used to process a new world record of Bitcoin transactions within an eight-hour period, with 4,187 transactions in total. The initial target was 4,000 transactions and was set by the Guinness World Records organization. 

Integrations and Plugins

One of the most important dimensions of BTCPay Server is its plugin system. Given the wide variety of ways companies can interact with Bitcoin, the developer community has optimized the BTCPay Server code toward a plugin model that developers can build for with a well-documented set of GitHub repos and an API. Today there are over 30 plugins available on BTCPay Server. Here are some of the greatest hits:

Boltz Swap Exchange Plugin

Boltz is an atomic swap exchange focused on the various Bitcoin layers such as Liquid, Lightning, Rootstock and of course Bitcoin on-chain. It has gained prominence of late as a very simple solution to the channel rebalancing challenges Lightning wallets face. R0ckstardev told Bitcoin Magazine that he is particularly impressed with the Boltz integration, and even tweeted as much earlier this year. 

I've recently been going through the code of @Boltzhq plugin for @BtcpayServer, what jackstar12 & @kilrau have done there is an absolutely l33t engineering.

It's a literal crime against humanity that what they've done was not featured more in Bitcoin media.

— Uncle Rockstar Developer (@r0ckstardev) April 24, 2025

Branded as a noncustodial Bitcoin Bridge, Boltz allows users to swap between different Bitcoin layers while retaining maximum control of their funds, using atomic swap technology that eliminates third-party trust across crypto-native payments. For example, you can use Boltz via BTCPay Server to make a Lightning payment, where the sats are initially held at rest in a Liquid network wallet and are pulled from that balance by the Boltz plugin. The L-BTC is atomically swapped for sats on the Lightning Network via the Boltz exchange and the satoshis flow to the end recipient. This whole process is effectively noncustodial.

This is the same type of “lightning service provider” style infrastructure with which Breez wallet recently announced integration. While it is not quite as cheap as a user-operated Lightning node can be in the best of cases, it is far easier to set up and run — only demanding a few clicks on the BTCPay Server interface. As far as BTCPay Server is concerned, this Boltz plugin represents a full Lightning node, integrating natively with the invoicing and accounting layers. 

This tech also scales quite well: One BTCPay Server admin can support many different merchants and not even have to run or manage a standard Lightning node, since the plugin supports automated liquidity management. 

The Bolt Cards Plugin

The Bolt card, a company and product created by the Coincenter exchange, has come into prominence recently thanks to its unique graphics and the laser-eyes that light up on tap-to-pay. They, too, have a BTCPay Server plugin that lets users manage and connect these cool NFC cards to their wallets via the plugin.

BITCOIN IS MONEY.

AND AT @THEBITCOINCONF WE WILL PAY IN STYLE, WITH @JACK LASER-EYES BOLT CARDS.

ONLY 1,000 AVAILABLE, GET YOURS ON MAY 28TH. [pic.twitter.com/fDrZW5TGCv](https:

@ cae03c48:2a7d6671

Bitcoin Magazine

JPMorgan to Offer Clients Financing Against Bitcoin & Crypto ETFs

JPMorgan Chase & Co. plans to allow its trading and wealth-management clients to use cryptocurrency-linked assets, including spot Bitcoin exchange-traded funds (ETFs), as collateral for loans, according to Bloomberg.

JPMorgan Plans to Offer Clients Financing Against Crypto ETFs pic.twitter.com/QpausRiHxM

— matthew sigel, recovering CFA (@matthew_sigel) June 4, 2025

The bank will begin with BlackRock’s iShares Bitcoin Trust (IBIT), and additional ETFs are expected to be added over time. The policy will apply globally, spanning all client segments—from individual retail accounts to investors.  

In addition to the lending change, JPMorgan will begin factoring crypto holdings into overall net worth and liquid asset evaluations, placing them on par with stocks, vehicles, or fine art when determining loan eligibility, according to those familiar with the matter.

This development marks a formal expansion of what had previously been permitted on a limited, case-by-case basis. The bank’s new approach comes as other major financial institutions, including Morgan Stanley, explore ways to integrate crypto offerings more broadly. Last month, Bloomberg also reported that Morgan Stanley plans to bring crypto trading to its E*Trade platform.

The shift also reflects changes in the U.S. regulatory environment. Since returning to office, President Donald Trump’s administration has taken a more favorable stance toward digital assets. Spot Bitcoin ETFs, first introduced in January 2024, have seen rapid growth and now manage a combined $128 billion in assets, making them among the most successful ETF launches to date.

Bitcoin’s price has also risen significantly in recent months, reaching a record $111,980 in May 2025.

JPMorgan was among the first large U.S. banks to experiment with blockchain technology and maintains relationships with firms such as Coinbase. This latest decision allows more digital assets into the bank’s lending framework. 

While JPMorgan CEO Jamie Dimon has remained publicly skeptical of Bitcoin, he has consistently emphasized clients’ right to access the asset. Speaking at the firm’s investor day in May, Dimon stated, “I’m not a fan of Bitcoin.” He went on to say, “I don’t think we should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin, go at it.” 

This post JPMorgan to Offer Clients Financing Against Bitcoin & Crypto ETFs first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Layer 2: The Key To Scaling Bitcoin

Bitcoin, and for that matter all blockchains, do not scale. It is a fundamental limitation of blockchain based systems that they are incapable of facilitating transactional use at a truly global scale without completely sacrificing the decentralization and verifiability that make them valuable in the first place. 

This has been an existential issue that Bitcoiners have grappled with from the very beginning of Bitcoin. This is a comment from James A. Donald, a Canadian cypherpunk who was the first person to reply to Satoshi’s original post on the cryptography mailing list: 

Satoshi Nakamoto wrote:

“The bandwidth might not be as prohibitive as you
think. A typical transaction would be about 400 bytes
(ECC is nicely compact). Each transaction has to be
broadcast twice, so lets say 1KB per transaction.
Visa processed 37 billion transactions in FY2008, or
an average of 100 million transactions per day. That
many transactions would take 100GB of bandwidth, or
the size of 12 DVD or 2 HD quality movies, or about
$18 worth of bandwidth at current prices.”

The trouble is, you are comparing with the Bankcard
network.

But a new currency cannot compete directly with an old,
because network effects favor the old.

You have to go where Bankcard does not go.

At present, file sharing works by barter for bits. This,
however requires the double coincidence of wants. People
only upload files they are downloading, and once the
download is complete, stop seeding. So only active
files, files that quite a lot of people want at the same
time, are available.

File sharing requires extremely cheap transactions,
several transactions per second per client, day in and
day out, with monthly transaction costs being very small
per client, so to support file sharing on bitcoins, we
will need a layer of account money on top of the
bitcoins, supporting transactions of a hundred
thousandth the size of the smallest coin, and to support
anonymity, chaumian money on top of the account money.

Let us call a bitcoin bank a bink. The bitcoins stand
in the same relation to account money as gold stood in
the days of the gold standard. The binks, not trusting
each other to be liquid when liquidity is most needed,
settle out any net discrepancies with each other by
moving bit coins around once every hundred thousand
seconds or so, so bitcoins do not change owners that
often, Most transactions cancel out at the account
level. The binks demand bitcoins of each other only
because they don’t want to hold account money for too
long. So a relatively small amount of bitcoins
infrequently transacted can support a somewhat larger
amount of account money frequently transacted.

Despite the era of the Blocksize Wars, the big blockers, and the naive assumptions by many early Bitcoiners that simply raising the blocksize was a viable solution to scale the system, it has been understood by competent observers and engineers from the very beginning that this would undermine the core value proposition of that made it useful in the first place. Hal Finney also spoke of the need for such a settlement layer on top. 

Scaling in layers has always been the only rational plan to make Bitcoin work in the long term, but for a long period of Bitcoin’s early history how to do so without relying on trusted third parties was an elusive problem. 

One of the first ideas on how to do this was sidechains, independent blockchains with a peg to facilitate locking bitcoin on the mainchain to utilize on the sidechain, and at any point unlocking funds on the mainchain to move them back by proving legitimate control of bitcoin on the sidechain. These systems however have yet to achieve a way to operate a peg without either 1) introducing some form of trusted third party, no matter how well mitigated, or 2) creating centralization pressure for the primary Bitcoin network. 

Since those early days there have been many more ideas developed that have found better ways to peg into second layer systems, specifically schemes like the Lightning Network and Ark which allow end users to unilaterally exit back to the mainchain without needing the permission or approval of some operator. 

Scaling Bitcoin in a way that facilitates higher transactional volumes without degrading the security properties of Bitcoin to the point of being indistinguishable from third party operated custodians is one of the most critical problems to solve in order for Bitcoin to truly succeed in the long term. 

This article series will explore the architectures of different Layer 2 systems for Bitcoin, both those deployed live on the network right now and those that are simply design proposals at this point. 

Listed below are the systems I will be covering. The design space of Layer 2s is much more expansive than many people are familiar with, so this list should not be taken as comprehensive and complete, and will be updated over time to reflect additional Layer 2s that are covered. 

• Ark
• Statechains
• Lightning Network
• Sidechains
• Clique
• Rollups
• Client Side Validated Systems
• Ecash
• Custodial Systems
• Physical Bearer Instruments

This post Bitcoin Layer 2: The Key To Scaling Bitcoin first appeared on Bitcoin Magazine and is written by Shinobi.

@ cae03c48:2a7d6671

Bitcoin Magazine

Support The Blockchain Regulatory Certainty Act (BRCA) To Protect Noncustodial Services

With a lot of regulatory talk centered around The GENIUS Act and The CLARITY Act (the market structure bill) right now, it’s important that Bitcoin enthusiasts also pay attention to and support The Blockchain Regulatory Certainty Act (BRCA) — H.R. 1747.

The act, which was reintroduced to Congress on May 21, 2025 by Rep. Tom Emmer (R-MN) and Rep. Ritchie Torres (D-NY), provides “safe harbor from licensing and registration for certain non-controlling blockchain developers and providers of blockchain services.”

Critical Bitcoin legislation was introduced last week & it needs our support

The Blockchain Regulatory Certainty Act (BRCA) by @GOPMajorityWhip and @RitchieTorres protects self-custody developers, miners, and nodes from being classified as money transmitters.

Thread pic.twitter.com/cJ8Ogno3h5

— Nick Neuman (@Nneuman) May 30, 2025

It also stipulates that no blockchain developer or provider of a blockchain service shall be treated as a money transmitter unless the developers or providers behind the project have control over user funds.

This bill is relevant because the developers for both Samourai Wallet and Tornado Cash are currently facing charges for operating unlicensed money transmitter businesses, despite the fact that the developers for neither of these technologies ever had control over user funds.

It’s also important because, under the Biden administration, the U.S. Department of Justice (DoJ) didn’t just classify privacy services as money transmitters, but ancillary services such as Lightning nodes, rollup sequencers, and other Bitcoin and blockchain technology, as well.

If the BRCA isn’t enacted into law, there is a risk that all Bitcoin and crypto wallets as well as other noncustodial services and technologies will be made illegal and/or subject to KYC/AML laws.

While Rep. Emmer and Rep. Torres’ reintroducing this bill is a positive step, the congressmen need our help in making the BRCA a priority for this current Congress.

To help, go to SaveOurWallets.org and follow the directions on the website to contact the elected officials that represent your district and state in the federal government and tell them that you would like to see them support the BRCA.

But they need our help, we need to make clear that the Blockchain Regulatory Certainty Act is *the* priority this Congress for our space. Go to https://t.co/fXVqSQ2nUv, put in your ZIP code, and make a quick call. It works.

— saveourwallets (@saveourwalets) June 3, 2025

If this act doesn’t pass, we will face significant hurdles regarding the scaling of Bitcoin and other blockchains as well as around privacy.

Yes, yes, I know some of you are saying to yourselves Bitcoin will win regardless of our actions (or that it’s already won) and that we don’t need to engage with politicians in the process.

I’m here to say 1.) this isn’t necessarily true, 2.) there are four developers currently facing trial (the Samourai and Tornado Cash developers) and pushing to get this bill passed may help them, 3.) if this bill doesn’t pass, scaling Bitcoin may be much more difficult, and 4.) there’s a reality in which we give up a lot of our legal right to privacy when using Bitcoin if the bill doesn’t pass.

So, with these points in mind, pick up the phone and/or send an email to your elected representatives and tell them you’d like to see them support the BRCA.

This article is a Take. Opinions expressed are entirely the author’s and do not necessarily reflect those of BTC Inc or Bitcoin Magazine.

This post Support The Blockchain Regulatory Certainty Act (BRCA) To Protect Noncustodial Services first appeared on Bitcoin Magazine and is written by Frank Corva.

@ cae03c48:2a7d6671

Bitcoin Magazine

Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve

Matador Technologies Inc. (TSXV: MATA, OTCQB: MATAF), a Bitcoin-focused tech company, announced that it has closed the second tranche of its non-brokered private placement, raising C$1,644,300 through the issuance of 2,652,097 units at a price of $0.62 per unit, with the proceeds going towards investing in their Bitcoin reserve.

Matador (TSXV: MATA | OTCQB: MATAF | FSE: IU3) closes $1.64M second tranche at $0.62/unit
Each unit: 1 share + ½ warrant @ $0.77
Proceeds:
Buy more Bitcoin
Expand gold & Grammies
General corporate growth

https://t.co/nUm0bFWtO0#Bitcoin #TreasuryStrategy…

— Matador Technologies (@buymatador) June 4, 2025

“Each Unit consists of one common share and one-half of one common share purchase warrant,” stated in the press release. “Each Warrant entitles the holder to acquire one additional common share of the Company at a price of $0.77 for a period of twelve months from the date of issuance.”

The warrants are subject to acceleration if Matador’s shares trade at or above $1.15 for five consecutive trading days at any time following the date which is four months and one day after the closing date. 

The securities from the second tranche are under a hold period that lasts until October 5, 2025.  As part of the deal, the company also paid finder’s fees totaling $95,582 and issued 152,165 broker warrants on the same terms.

This follows the first tranche of the offering, announced on May 30, 2025, which included a CAD$1.5 million investment from Arrington Capital, a digital asset management firm co-founded by Michael Arrington. 

“We’re thrilled to welcome Arrington Capital as a strategic investor,” said the CEO of Matador Technologies Inc. Deven Soni. “Their deep conviction in the Bitcoin ecosystem and global perspective on digital assets align perfectly with Matador’s vision. This investment enhances our ability to accelerate development of Bitcoin-native financial products and scale our platform globally.”

In that tranche, Matador issued 2,419,354 units under the same terms. Each including one common share and one-half warrant, with full warrants exercisable at $0.77 for one year. Like the second tranche, those warrants are also subject to acceleration if the share price hits $1.15 for five consecutive trading days following the initial four-month period.

“This is more than just a capital raise—it’s a signal that the world’s top digital asset investors see the same future we do,” said the Chief Visionary Officer of Matador Mark Moss.

“At Matador, we believe the next wave of global financial infrastructure will be built on digital assets,” commented Moss. “By aligning with HODL, we’re not just expanding geographically—we’re expanding the reach of the digital assets’ ecosystem into a key innovation hub.”

This post Matador Technologies Raises C$1.64M To Invest in Their Bitcoin Reserve first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 42a071ab:3391e086

Trong một thế giới mà sự cạnh tranh ngày càng khốc liệt, yếu tố tạo nên sự khác biệt không chỉ nằm ở chất lượng sản phẩm mà còn ở cách một thương hiệu chăm sóc và kết nối với khách hàng. AV88 hiểu rõ điều đó và đã không ngừng đầu tư vào trải nghiệm người dùng như một chiến lược cốt lõi để xây dựng lòng tin và sự trung thành. Ngay từ những bước đầu tiên khi khách hàng tiếp cận AV88, họ được đón nhận bởi một giao diện thân thiện, dễ sử dụng và được thiết kế dựa trên hành vi sử dụng thực tế. Tất cả các chức năng, từ đăng ký tài khoản, quản lý thông tin cá nhân cho đến các bước tương tác hằng ngày đều được tối ưu để đảm bảo sự liền mạch và thuận tiện. Hơn thế, AV88 còn xây dựng một hệ thống chăm sóc khách hàng luôn sẵn sàng hỗ trợ 24/7, cung cấp thông tin kịp thời và giải quyết mọi thắc mắc nhanh chóng, mang lại cảm giác yên tâm tuyệt đối cho người sử dụng. Không chỉ dừng lại ở mức độ phản hồi, đội ngũ tại AV88 còn chủ động thu thập ý kiến, khảo sát nhu cầu và cải tiến dịch vụ theo thời gian thực, từ đó đảm bảo rằng mỗi sự đổi mới đều xuất phát từ chính kỳ vọng của người dùng. Nhờ vậy, AV88 không đơn thuần là một nền tảng dịch vụ mà còn là một người bạn đồng hành đáng tin cậy trong hành trình số hóa của mỗi khách hàng.

av88 cũng đặt ra một tiêu chuẩn mới cho sự minh bạch và bảo mật – hai yếu tố then chốt trong việc xây dựng niềm tin lâu dài. Mọi quy trình đều được thiết lập rõ ràng, dễ theo dõi và có hướng dẫn chi tiết, từ quy trình giao dịch cho đến các chính sách bảo vệ thông tin cá nhân. Các công nghệ mã hóa tiên tiến và lớp xác thực đa tầng giúp bảo đảm an toàn tuyệt đối trong mọi hoạt động. Không dừng lại ở việc duy trì chất lượng dịch vụ, AV88 còn tiên phong trong việc tích hợp công nghệ nhằm tối ưu hóa hiệu suất và giảm thiểu thời gian chờ đợi của người dùng. Các thao tác nạp – rút nhanh chóng, hệ thống thông báo thông minh và tính cá nhân hóa trong trải nghiệm giúp người dùng cảm nhận được sự linh hoạt và chuyên nghiệp. Chính sự kết hợp giữa công nghệ, con người và tầm nhìn chiến lược đã giúp AV88 không chỉ duy trì vị thế trên thị trường mà còn định hình chuẩn mực mới cho ngành dịch vụ lấy khách hàng làm trung tâm. Dù trong bối cảnh nào, AV88 vẫn luôn giữ vững cam kết: lắng nghe, thấu hiểu và đồng hành cùng khách hàng trên mọi hành trình. Điều này không chỉ tạo dựng giá trị bền vững cho thương hiệu mà còn góp phần nâng cao tiêu chuẩn chung của ngành, thúc đẩy sự phát triển toàn diện và dài lâu.

@ 7f6db517:a4931eda

---

"Privacy is necessary for an open society in the electronic age. Privacy is not secrecy.  A private matter is something one doesn't want the whole world to know, but a secret matter is something one doesn't want anybody to know. Privacy is the power to selectively reveal oneself to the world." - Eric Hughes, A Cypherpunk's Manifesto, 1993

---

Privacy is essential to freedom. Without privacy, individuals are unable to make choices free from surveillance and control. Lack of privacy leads to loss of autonomy. When individuals are constantly monitored it limits our ability to express ourselves and take risks. Any decisions we make can result in negative repercussions from those who surveil us. Without the freedom to make choices, individuals cannot truly be free.

Freedom is essential to acquiring and preserving wealth. When individuals are not free to make choices, restrictions and limitations prevent us from economic opportunities. If we are somehow able to acquire wealth in such an environment, lack of freedom can result in direct asset seizure by governments or other malicious entities. At scale, when freedom is compromised, it leads to widespread economic stagnation and poverty. Protecting freedom is essential to economic prosperity.

The connection between privacy, freedom, and wealth is critical. Without privacy, individuals lose the freedom to make choices free from surveillance and control. While lack of freedom prevents individuals from pursuing economic opportunities and makes wealth preservation nearly impossible. No Privacy? No Freedom. No Freedom? No Wealth.

Rights are not granted. They are taken and defended. Rights are often misunderstood as permission to do something by those holding power. However, if someone can give you something, they can inherently take it from you at will. People throughout history have necessarily fought for basic rights, including privacy and freedom. These rights were not given by those in power, but rather demanded and won through struggle. Even after these rights are won, they must be continually defended to ensure that they are not taken away. Rights are not granted - they are earned through struggle and defended through sacrifice.

---

If you found this post helpful support my work with bitcoin.

@ 7f6db517:a4931eda

People forget Bear Stearns failed March 2008 - months of denial followed before the public realized how bad the situation was under the surface.

Similar happening now but much larger scale. They did not fix fundamental issues after 2008 - everything is more fragile.

The Fed preemptively bailed out every bank with their BTFP program and First Republic Bank still failed. The second largest bank failure in history.

There will be more failures. There will be more bailouts. Depositors will be "protected" by socializing losses across everyone.

Our President and mainstream financial pundits are currently pretending the banking crisis is over while most banks remain insolvent. There are going to be many more bank failures as this ponzi system unravels.

Unlike 2008, we have the ability to opt out of these broken and corrupt institutions by using bitcoin. Bitcoin held in self custody is unique in its lack of counterparty risk - you do not have to trust a bank or other centralized entity to hold it for you. Bitcoin is also incredibly difficult to change by design since it is not controlled by an individual, company, or government - the supply of dollars will inevitably be inflated to bailout these failing banks but bitcoin supply will remain unchanged. I do not need to convince you that bitcoin provides value - these next few years will convince millions.

---

If you found this post helpful support my work with bitcoin.

@ 3eab247c:1d80aeed

Global Metrics

Here are the top stats from the last period:

• Total Bitcoin-accepting merchants: 15,306 → 16,284
• Recently verified (1y): 7,540 → 7,803 (the rest of our dataset is slowly rotting; help us before it's too late!)
• Avg. days since last verification: 398 → 405 (more mappers, please)
• Merchants boosted: 22 (for a total of 4,325 days, someone is feeling generous)
• Comments posted: 34

Find current stats over at the 👉 BTC Map Dashboard.

Merchant Adoption

Steak n’ Shake

The US 🇺🇸 is a massive country, yet its BTC Map footprint has been lagging relative to other countries ... that is until now!

In what came as a nice surprise to our Shadowy Supertaggers 🫠, the Steak ’n Shake chain began accepting Bitcoin payments across hundreds of its locations nationwide (with some international locations too).

According to CoinDesk, the rollout has been smooth, with users reporting seamless transactions powered by Speed.

This marks a significant step towards broader Bitcoin adoption in the US. Now to drop the capital gains tax on cheesburgers!

SPAR Switzerland

In other chain/franchise adoption news, the first SPAR supermarket in Switzerland 🇨🇭 to begin accepting Bitcoin was this one in Zug. It was quickly followed by this one in Rossrüti and this one in Kreuzlingen, in what is believed to be part of a wider roll-out plan within the country powered by DFX's Open CryptoPay.

That said, we believe the OG SPAR crown goes to SPAR City in Arnhem Bitcoin City!

New Features

Merchant Comments in the Web App

Web App users are now on par with Android users in that they can both see and make comments on merchants.

This is powered by our tweaked API that enables anyone to make a comment as long as they pass the satswall fee of 500 sats. This helps keep spam manageable and ensure quality comments.

And just in case you were wondering what the number count was on the merchant pins - yep, they're comments!

Here is an 👉 Example merchant page with comments.

Merchant Page Design Tweaks

To support the now trio of actions (Verify, Boost & Comment) on the merchant page, we've re-jigged the design a little to make things a little clearer.

What do you think?

Technical

Codebase Refactoring

Thanks to Hannes’s contributions, we’ve made progress in cleaning-up the Web App's codebase and completing long overdue maintenance. Whilst often thankless tasks, these caretaking activities help immensely with long-term maintainability enabling us to confidently build new features.

Auth System Upgrades

The old auth system was held together with duct tape and prayers, and we’re working on a more robust authentication system to support future public API access. Updates include:

• Password hashing
• Bearer token support
• Improved security practices

More enhancements are in progress and we'll update you in the next blog post.

Better API Documentation

Instead of relying on tribal knowledge, we're finally getting around to writing actual docs (with the help/hindrance of LLMs). The "move fast, break everything" era is over; now we move slightly slower and break slightly less. Progress!

Database Improvements

We use SQLite, which works well but it requires careful handling in async Rust environments. So now we're untangling this mess to avoid accidental blocking queries (and the ensuing dumpster fires).

Backup System Enhancements

BTC Map data comes in three layers of fragility:

• Merchants (backed up by OS - the big boys handle this)
• Non-OSM stuff (areas, users, etc. - currently stored on a napkin)
• External systems (Lightning node, submission tickets - pray to Satoshi)

We're now forcing two core members to backup everything, because redundancy is good.

Credits

Thanks to everyone who directly contributed to the project this period:

• Comino
• descubrebitcoin
• Hannes
• Igor Bubelov
• Nathan Day
• Rockedf
• Saunter
• SiriusBig
• vv01f

Support Us

There are many ways in which you can support us:

• Become a Shadowy Supertagger and help maintain your local area or pitch-in with the never-ending global effort.

• Consider a zapping this note or make a donation to the to the project here.

@ 7f6db517:a4931eda

Bank run on every crypto bank then bank run on every "real" bank.

— ODELL (@ODELL) December 14, 2022

Good morning.

It looks like PacWest will fail today. It will be both the fifth largest bank failure in US history and the sixth major bank to fail this year. It will likely get purchased by one of the big four banks in a government orchestrated sale.  

March 8th - Silvergate Bank
March 10th - Silicon Valley Bank
March 12th - Signature Bank
March 19th - Credit Suisse
May 1st - First Republic Bank
May 4th - PacWest Bank?

PacWest is the first of many small regional banks that will go under this year. Most will get bought by the big four in gov orchestrated sales. This has been the playbook since 2008. Follow the incentives. Massive consolidation across the banking industry. PacWest gonna be a drop in the bucket compared to what comes next.

First, a hastened government led bank consolidation, then a public/private partnership with the remaining large banks to launch a surveilled and controlled digital currency network. We will be told it is more convenient. We will be told it is safer. We will be told it will prevent future bank runs. All of that is marketing bullshit. The goal is greater control of money. The ability to choose how we spend it and how we save it. If you control the money - you control the people that use it.

---

If you found this post helpful support my work with bitcoin.

@ 7f6db517:a4931eda

Nostr is an open communication protocol that can be used to send messages across a distributed set of relays in a censorship resistant and robust way.

---

If you missed my nostr introduction post you can find it here. My nostr account can be found here.

---

We are nearly at the point that if something interesting is posted on a centralized social platform it will usually be posted by someone to nostr.

We are nearly at the point that if something interesting is posted exclusively to nostr it is cross posted by someone to various centralized social platforms.

We are nearly at the point that you can recommend a cross platform app that users can install and easily onboard without additional guides or resources.

As companies continue to build walls around their centralized platforms nostr posts will be the easiest to cross reference and verify - as companies continue to censor their users nostr is the best censorship resistant alternative - gradually then suddenly nostr will become the standard. 🫡

Current Nostr Stats

---

If you found this post helpful support my work with bitcoin.

@ dfa02707:41ca50e3

Good morning (good night?)! The No Bullshit Bitcoin news feed is now available on Moody's Dashboard! A huge shoutout to sir Clark Moody for integrating our feed.

Headlines

• Spiral welcomes Ben Carman. The developer will work on the LDK server and a new SDK designed to simplify the onboarding process for new self-custodial Bitcoin users.

• The Bitcoin Dev Kit Foundation announced new corporate members for 2025, including AnchorWatch, CleanSpark, and Proton Foundation. The annual dues from these corporate members fund the small team of open-source developers responsible for maintaining the core BDK libraries and related free and open-source software (FOSS) projects.
• Strategy increases Bitcoin holdings to 538,200 BTC. In the latest purchase, the company has spent more than $555M to buy 6,556 coins through proceeds of two at-the-market stock offering programs.
• Spar supermarket experiments with Bitcoin payments in Zug, Switzerland. The store has introduced a new payment method powered by the Lightning Network. The implementation was facilitated by DFX Swiss, a service that supports seamless conversions between bitcoin and legacy currencies.

• The Bank for International Settlements (BIS) wants to contain 'crypto' risks. A report titled "Cryptocurrencies and Decentralised Finance: Functions and Financial Stability Implications" calls for expanding research into "how new forms of central bank money, capital controls, and taxation policies can counter the risks of widespread crypto adoption while still fostering technological innovation."
• "Global Implications of Scam Centres, Underground Banking, and Illicit Online Marketplaces in Southeast Asia." According to the United Nations Office on Drugs and Crime (UNODC) report, criminal organizations from East and Southeast Asia are swiftly extending their global reach. These groups are moving beyond traditional scams and trafficking, creating sophisticated online networks that include unlicensed cryptocurrency exchanges, encrypted communication platforms, and stablecoins, fueling a massive fraud economy on an industrial scale.
• Slovenia is considering a 25% capital gains tax on Bitcoin profits for individuals. The Ministry of Finance has proposed legislation to impose this tax on gains from cryptocurrency transactions, though exchanging one cryptocurrency for another would remain exempt. At present, individual 'crypto' traders in Slovenia are not taxed.
• Circle, BitGo, Coinbase, and Paxos plan to apply for U.S. bank charters or licenses. According to a report in The Wall Street Journal, major crypto companies are planning to apply for U.S. bank charters or licenses. These firms are pursuing limited licenses that would permit them to issue stablecoins, as the U.S. Congress deliberates on legislation mandating licensing for stablecoin issuers.

"Established banks, like Bank of America, are hoping to amend the current drafts of [stablecoin] legislation in such a way that nonbanks are more heavily restricted from issuing stablecoins," people familiar with the matter told The Block.

• Charles Schwab to launch spot Bitcoin trading by 2026. The financial investment firm, managing over $10 trillion in assets, has revealed plans to introduce spot Bitcoin trading for its clients within the next year.

Use the tools

• Bitcoin Safe v1.2.3 expands QR SignMessage compatibility for all QR-UR-compatible hardware signers (SpecterDIY, KeyStone, Passport, Jade; already supported COLDCARD Q). It also adds the ability to import wallets via QR, ensuring compatibility with Keystone's latest firmware (2.0.6), alongside other improvements.
• Minibits v0.2.2-beta, an ecash wallet for Android devices, packages many changes to align the project with the planned iOS app release. New features and improvements include the ability to lock ecash to a receiver's pubkey, faster confirmations of ecash minting and payments thanks to WebSockets, UI-related fixes, and more.
• Zeus v0.11.0-alpha1 introduces Cashu wallets tied to embedded LND wallets. Navigate to Settings > Ecash to enable it. Other wallet types can still sweep funds from Cashu tokens. Zeus Pay now supports Cashu address types in Zaplocker, Cashu, and NWC modes.
• LNDg v1.10.0, an advanced web interface designed for analyzing Lightning Network Daemon (LND) data and automating node management tasks, introduces performance improvements, adds a new metrics page for unprofitable and stuck channels, and displays warnings for batch openings. The Profit and Loss Chart has been updated to include on-chain costs. Advanced settings have been added for users who would like their channel database size to be read remotely (the default remains local). Additionally, the AutoFees tool now uses aggregated pubkey metrics for multiple channels with the same peer.
• Nunchuk Desktop v1.9.45 release brings the latest bug fixes and improvements.
• Blockstream Green iOS v4.1.8 has renamed L-BTC to LBTC, and improves translations of notifications, login time, and background payments.
• Blockstream Green Android v4.1.8 has added language preference in App Settings and enables an Android data backup option for disaster recovery. Additionally, it fixes issues with Jade entry point PIN timeout and Trezor passphrase input.
• Torq v2.2.2, an advanced Lightning node management software designed to handle large nodes with over 1000 channels, fixes bugs that caused channel balance to not be updated in some cases and channel "peer total local balance" not getting updated.
• Stack Wallet v2.1.12, a multicoin wallet by Cypher Stack, fixes an issue with Xelis introduced in the latest release for Windows.
• ESP-Miner-NerdQAxePlus v1.0.29.1, a forked version from the NerdAxe miner that was modified for use on the NerdQAxe+, is now available.
• Zark enables sending sats to an npub using Bark.

• Erk is a novel variation of the Ark protocol that completely removes the need for user interactivity in rounds, addressing one of Ark's key limitations: the requirement for users to come online before their VTXOs expire.
• Aegis v0.1.1 is now available. It is a Nostr event signer app for iOS devices.
• Nostash is a NIP-07 Nostr signing extension for Safari. It is a fork of Nostore and is maintained by Terry Yiu. Available on iOS TestFlight.
• Amber v3.2.8, a Nostr event signer for Android, delivers the latest fixes and improvements.
• Nostur v1.20.0, a Nostr client for iOS, adds

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• RoboSats v0.7.7-alpha is now available!

NOTE: "This version of clients is not compatible with older versions of coordinators. Coordinators must upgrade first, make sure you don't upgrade your client while this is marked as pre-release."

• This version brings a new and improved coordinators view with reviews signed both by the robot and the coordinator, adds market price sources in coordinator profiles, shows a correct warning for canceling non-taken orders after a payment attempt, adds Uzbek sum currency, and includes package library updates for coordinators.

Source: RoboSats.

• siggy47 is writing daily RoboSats activity reviews on stacker.news. Check them out here.
• Stay up-to-date with RoboSats on Nostr.

What's new

• New coordinators view (see the picture above).
• Available coordinator reviews signed by both the robot and the coordinator.
• Coordinators now display market price sources in their profiles.

Source: RoboSats.

• Fix for wrong message on cancel button when taking an order. Users are now warned if they try to cancel a non taken order after a payment attempt.
• Uzbek sum currency now available.
• For coordinators: library updates.
• Add docker frontend (#1861).
• Add order review token (#1869).
• Add UZS migration (#1875).
• Fixed tests review (#1878).
• Nostr pubkey for Robot (#1887).

New contributors

• @hexlorn made their first contribution in #1858.
• @umk0m1qk made their first contribution in #1864.

Full Changelog: v0.7.6-alpha...v0.7.7-alpha

GitHub Repo

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• Version 1.3 of Bitcoin Safe introduces a redesigned interactive chart, quick receive feature, updated icons, a mempool preview window, support for Child Pays For Parent (CPFP) and testnet4, preconfigured testnet demo wallets, as well as various bug fixes and improvements.

• Upcoming updates for Bitcoin Safe include Compact Block Filters.

"Compact Block Filters increase the network privacy dramatically, since you're not asking an electrum server to give you your transactions. They are a little slower than electrum servers. For a savings wallet like Bitcoin Safe this should be OK," writes the project's developer Andreas Griffin.

• Learn more about the current and upcoming features of Bitcoin Safe wallet here.

What's new in v1.3

• Redesign of Chart, Quick Receive, Icons, and Mempool Preview (by @design-rrr).
• Interactive chart. Clicking on it now jumps to transaction, and selected transactions are now highlighted.

• Speed up transactions with Child Pays For Parent (CPFP).
• BDK 1.2 (upgraded from 0.32).
• Testnet4 support.
• Preconfigured Testnet demo wallets.
• Cluster unconfirmed transactions so that parents/children are next to each other.
• Customizable columns for all tables (optional view: Txid, Address index, and more)
• Bug fixes and other improvements.

Announcement / Archive
Blog Post / Archive
GitHub Repo
Website

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• This release introduces Payjoin v2 functionality to Bitcoin wallets on Cake, along with several UI/UX improvements and bug fixes.
• The Payjoin v2 protocol enables asynchronous, serverless coordination between sender and receiver, removing the need to be online simultaneously or maintain a server. This simplifies privacy-focused transactions for regular users.

"I cannot speak highly enough of how amazing it has been to work with @bitgould and Jaad from the@payjoindevkit team, they're doing incredible work. None of this would be possible without them and their tireless efforts. PDK made it so much easier to ship Payjoin v2 than it would have been otherwise, and I can't wait to see other wallets jump in and give back to PDK as they implement it like we did," said Seth For Privacy, VP at Cake Wallet.

How to started with Payjoin in Cake Wallet:

1. Open the app menu sidebar and click Privacy.
2. Toggle the Use Payjoin option.
3. Now on your receive screen you'll see an option to copy a Payjoin URL

• Bull Bitcoin Wallet v0.4.0 introduced Payjoin v2 support in late December 2024. However, the current implementations are not interoperable at the moment, an issue that should be addressed in the next release of the Bull Bitcoin Wallet.

• Cake Wallet was one of the first wallets to introduce Silent Payments back in May 2024. However, users may encounter sync issues while using this feature at present, which will be resolved in the next release of Cake Wallet.

What's new

• Payjoin v2 implementation.
• Wallet group improvements: Enhanced management of multiple wallets.
• Various bug fixes: improving overall stability and user experience.
• Monero (XMR) enhancements.

Learn more about using, implementing, and understanding BIP 77: Payjoin Version 2 using the payjoin crate in Payjoin Dev Kit here.

Announcement
Blog Post / Archive
GitHub Repo

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

• Recent Blocks View: Added to the Send tab and inspired by Mempool's visualization, it displays the last 2 blocks and the estimated next block to help choose fee rates.
• Camera System Overhaul: Features a new library for higher resolution detection and mouse-scroll zoom support when available.
• Vector-Based Images: All app images are now vectorized and theme-aware, enhancing contrast, especially in dark mode.
• Tor & P2A Updates: Upgraded internal Tor and improved support for pay-to-anchor (P2A) outputs.
• Linux Package Rename: For Linux users, Sparrow has been renamed to sparrowwallet (or sparrowserver); in some cases, the original sparrow package may need manual removal.
• Additional updates include showing total payments in multi-payment transaction diagrams, better handling of long labels, and other UI enhancements.

• Sparrow v2.2.1 is a bug fix release that addresses missing UUID issue when starting Tor on recent macOS versions, icons for external sources in Settings and Recent Blocks view, repackaged .deb installs to use older gzip instead of zstd compression, and removed display of median fee rate where fee rates source is set to Server.

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

• Added Recent Blocks view to Send tab.
• Converted all bitmapped images to theme aware SVG format for all wallet models and dialogs.
• Support send and display of pay to anchor (P2A) outputs.
• Renamed sparrow package to sparrowwallet and sparrowserver on Linux.
• Switched camera library to openpnp-capture.
• Support FHD (1920 x 1080) and UHD4k (3840 x 2160) capture resolutions.
• Support camera zoom with mouse scroll where possible.
• In the Download Verifier, prefer verifying the dropped file over the default file where the file is not in the manifest.
• Show a warning (with an option to disable the check) when importing a wallet with a derivation path matching another script type.
• In Cormorant, avoid calling the listwalletdir RPC on initialization due to a potentially slow response on Windows.
• Avoid server address resolution for public servers.
• Assume server address is non local for resolution failures where a proxy is configured.
• Added a tooltip to indicate truncated labels in table cells.
• Dynamically truncate input and output labels in the tree on a transaction tab, and add tooltips if necessary.
• Improved tooltips for wallet tabs and transaction diagrams with long labels.
• Show the address where available on input and output tooltips in transaction tab tree.
• Show the total amount sent in payments in the transaction diagram when constructing multiple payment transactions.
• Reset preferred table column widths on adjustment to improve handling after window resizing.
• Added accessible text to improve screen reader navigation on seed entry.
• Made Wallet Summary table grow horizontally with dialog sizing.
• Reduced tooltip show delay to 200ms.
• Show transaction diagram fee percentage as less than 0.01% rather than 0.00%.
• Optimized and reduced Electrum server RPC calls.
• Upgraded Bouncy Castle, PGPainless and Logback libraries.
• Upgraded internal Tor to v0.4.8.16.
• Bug fix: Fixed issue with random ordering of keystore origins on labels import.
• Bug fix: Fixed non-zero account script type detection when signing a message on Trezor devices.
• Bug fix: Fixed issue parsing remote Coldcard xpub encoded on a different network.
• Bug fix: Fixed inclusion of fees on wallet label exports.
• Bug fix: Increase Trezor device libusb timeout.

Linux users: Note that the sparrow package has been renamed to sparrowwallet or sparrowserver, and in some cases you may need to manually uninstall the original sparrow package. Look in the /opt folder to ensure you have the new name, and the original is removed.

What's new in v2.2.1

• Updated Tor library to fix missing UUID issue when starting Tor on recent macOS versions.
• Repackaged .deb installs to use older gzip instead of zstd compression.
• Removed display of median fee rate where fee rates source is set to Server.
• Added icons for external sources in Settings and Recent Blocks view
• Bug fix: Fixed issue in Recent Blocks view when switching fee rates source
• Bug fix: Fixed NPE on null fee returned from server

Announcement / Archive
GitHub Repo

@ 7f6db517:a4931eda

What is KYC/AML?

• The acronym stands for Know Your Customer / Anti Money Laundering.
• In practice it stands for the surveillance measures companies are often compelled to take against their customers by financial regulators.
• Methods differ but often include: Passport Scans, Driver License Uploads, Social Security Numbers, Home Address, Phone Number, Face Scans.
• Bitcoin companies will also store all withdrawal and deposit addresses which can then be used to track bitcoin transactions on the bitcoin block chain.
• This data is then stored and shared. Regulations often require companies to hold this information for a set number of years but in practice users should assume this data will be held indefinitely. Data is often stored insecurely, which results in frequent hacks and leaks.  
• KYC/AML data collection puts all honest users at risk of theft, extortion, and persecution while being ineffective at stopping crime. Criminals often use counterfeit, bought, or stolen credentials to get around the requirements. Criminals can buy "verified" accounts for as little as $200. Furthermore, billions of people are excluded from financial services as a result of KYC/AML requirements.

During the early days of bitcoin most services did not require this sensitive user data, but as adoption increased so did the surveillance measures. At this point, most large bitcoin companies are collecting and storing massive lists of bitcoiners, our sensitive personal information, and our transaction history.

Lists of Bitcoiners

KYC/AML policies are a direct attack on bitcoiners. Lists of bitcoiners and our transaction history will inevitably be used against us.

Once you are on a list with your bitcoin transaction history that record will always exist. Generally speaking, tracking bitcoin is based on probability analysis of ownership change. Surveillance firms use various heuristics to determine if you are sending bitcoin to yourself or if ownership is actually changing hands.  You can obtain better privacy going forward by using collaborative transactions such as coinjoin to break this probability analysis.

Fortunately, you can buy bitcoin without providing intimate personal information. Tools such as peach, hodlhodl, robosats, azteco and bisq help; mining is also a solid option: anyone can plug a miner into power and internet and earn bitcoin by mining privately.

You can also earn bitcoin by providing goods and/or services that can be purchased with bitcoin. Long term, circular economies will mitigate this threat: most people will not buy bitcoin - they will earn bitcoin - most people will not sell bitcoin - they will spend bitcoin.

There is no such thing as KYC or No KYC bitcoin, there are bitcoiners on lists and those that are not on lists.

---

If you found this post helpful support my work with bitcoin.

@ 8bad92c3:ca714aa5

Key Takeaways

Michael Goldstein, aka Bitstein, presents a sweeping philosophical and economic case for going “all in” on Bitcoin, arguing that unlike fiat, which distorts capital formation and fuels short-term thinking, Bitcoin fosters low time preference, meaningful saving, and long-term societal flourishing. At the heart of his thesis is “hodling for good”—a triple-layered idea encompassing permanence, purpose, and the pursuit of higher values like truth, beauty, and legacy. Drawing on thinkers like Aristotle, Hoppe, and Josef Pieper, Goldstein redefines leisure as contemplation, a vital practice in aligning capital with one’s deepest ideals. He urges Bitcoiners to think beyond mere wealth accumulation and consider how their sats can fund enduring institutions, art, and architecture that reflect a moral vision of the future.

Best Quotes

“Let BlackRock buy the houses, and you keep the sats.”

“We're not hodling just for the sake of hodling. There is a purpose to it.”

“Fiat money shortens your time horizon… you can never rest.”

“Savings precedes capital accumulation. You can’t build unless you’ve saved.”

“You're increasing the marginal value of everyone else’s Bitcoin.”

“True leisure is contemplation—the pursuit of the highest good.”

“What is Bitcoin for if not to make the conditions for magnificent acts of creation possible?”

“Bitcoin itself will last forever. Your stack might not. What will outlast your coins?”

“Only a whale can be magnificent.”

“The market will sell you all the crack you want. It’s up to you to demand beauty.”

Conclusion

This episode is a call to reimagine Bitcoin as more than a financial revolution—it’s a blueprint for civilizational renewal. Michael Goldstein reframes hodling as an act of moral stewardship, urging Bitcoiners to lower their time preference, build lasting institutions, and pursue truth, beauty, and legacy—not to escape the world, but to rebuild it on sound foundations.

Timestamps

00:00 - Intro
00:50 - Michael’s BBB presentation Hodl for Good
07:27 - Austrian principles on capital
15:40 - Fiat distorts the economic process
23:34 - Bitkey
24:29 - Hodl for Good triple entendre
29:52 - Bitcoin benefits everyone
39:05 - Unchained
40:14 - Leisure theory of value
52:15 - Heightening life
1:15:48 - Breaking from the chase makes room for magnificence
1:32:32 - Nakamoto Institute’s mission

Transcript

(00:00) Fiat money is by its nature a disturbance. If money is being continually produced, especially at an uncertain rate, these uh policies are really just redistribution of wealth. Most are looking for number to go up post hyper bitcoinization. The rate of growth of bitcoin would be more reflective of the growth of the economy as a whole.
(00:23) Ultimately, capital requires knowledge because it requires knowing there is something that you can add to the structures of production to lengthen it in some way that will take time but allow you to have more in the future than you would today. Let Black Rockck buy the houses and you keep the sats, not the other way around.
(00:41) You wait until later for Larry Frink to try to sell you a [Music] mansion. And we're live just like that. Just like that. 3:30 on a Friday, Memorial Day weekend. It's a good good good way to end the week and start the holiday weekend. Yes, sir. Yes, sir. Thank you for having me here. Thank you for coming. I wore this hat specifically because I think it's I think it's very apppropo uh to the conversation we're going to have which is I hope an extension of the presentation you gave at Bitblock Boom Huddle for good. You were working on
(01:24) that for many weeks leading up to uh the conference and explaining how you were structuring it. I think it's a very important topic to discuss now as the Bitcoin price is hitting new all-time highs and people are trying to understand what am I doing with Bitcoin? Like you have you have the different sort of factions within Bitcoin.
(01:47) Uh get on a Bitcoin standard, get on zero, spend as much Bitcoin as possible. You have the sailors of the world are saying buy Bitcoin, never sell, die with your Bitcoin. And I think you do a really good job in that presentation. And I just think your understanding overall of Bitcoin is incredible to put everything into context. It's not either or.
(02:07) It really depends on what you want to accomplish. Yeah, it's definitely there there is no actual one-sizefits-all um for I mean nearly anything in this world. So um yeah, I mean first of all I mean there was it was the first conference talk I had given in maybe five years. I think the one prior to that uh was um bit block boom 2019 which was my meme talk which uh has uh become infamous and notorious.
(02:43) So uh there was also a lot of like high expectations uh you know rockstar dev uh has has treated that you know uh that that talk with a lot of reference. a lot of people have enjoyed it and he was expecting this one to be, you know, the greatest one ever, which is a little bit of a little bit of a uh a burden to live up to those kinds of standards.
(03:08) Um, but you know, because I don't give a lot of talks. Um, you know, I I I like to uh try to bring ideas that might even be ideas that are common. So, something like hodling, we all talk about it constantly. uh but try to bring it from a little bit of a different angle and try to give um a little bit of uh new light to it.
(03:31) I alsove I've I've always enjoyed kind of coming at things from a third angle. Um whenever there's, you know, there's there's all these little debates that we have in in Bitcoin and sometimes it's nice to try to uh step out of it and look at it a little more uh kind of objectively and find ways of understanding it that incorporate the truths of of all of them.
(03:58) uh you know cuz I think we should always be kind of as much as possible after ultimate truth. Um so with this one um yeah I was kind of finding that that sort of golden mean. So uh um yeah and I actually I think about that a lot is uh you know Aristotle has his his concept of the golden mean. So it's like any any virtue is sort of between two vices um because you can you can always you can always take something too far.
(04:27) So you're you're always trying to find that right balance. Um so someone who is uh courageous you know uh one of the vices uh on one side is being basically reckless. I I can't remember what word he would use. Uh but effectively being reckless and just wanting to put yourself in danger for no other reason than just you know the thrill of it.
(04:50) Um and then on the other side you would just have cowardice which is like you're unwilling to put yourself um at any risk at any time. Um, and courage is right there in the middle where it's understanding when is the right time uh to put your put yourself, you know, in in the face of danger um and take it on. And so um in some sense this this was kind of me uh in in some ways like I'm obviously a partisan of hodling.
(05:20) Um, I've for, you know, a long time now talked about the, um, why huddling is good, why people do it, why we should expect it. Um, but still trying to find that that sort of golden mean of like yes, huddle, but also what are we hodling for? And it's not we're we're not hodddling just merely for the sake of hodddling.
(05:45) There there is a a purpose to it. And we should think about that. And that would also help us think more about um what are the benefits of of spending, when should we spend, why should we spend, what should we spend on um to actually give light to that sort of side of the debate. Um so that was that was what I was kind of trying to trying to get into.
(06:09) Um, as well as also just uh at the same time despite all the talk of hodling, there's always this perennial uh there's always this perennial dislike of hodlers because we're treated as uh as if um we're just free riding the network or we're just greedy or you know any of these things. And I wanted to show how uh huddling does serve a real economic purpose.
(06:36) Um, and it does benefit the individual, but it also does uh it it has actual real social um benefits as well beyond merely the individual. Um, so I wanted to give that sort of defense of hodling as well to look at it from um a a broader position than just merely I'm trying to get rich. Um uh because even the person who uh that is all they want to do um just like you know your your pure number grow up go up moonboy even that behavior has positive ramifications on on the economy.
(07:14) And while we might look at them and have uh judgments about their particular choices for them as an individual, we shouldn't discount that uh their actions are having positive positive effects for the rest of the economy. Yeah. So, let's dive into that just not even in the context of Bitcoin because I think you did a great job of this in the presentation.
(07:36) just you've done a good job of this consistently throughout the years that I've known you. Just from like a first principles Austrian economics perspective, what is the idea around capital accumulation, low time preference and deployment of that capital like what what like getting getting into like the nitty-gritty and then applying it to Bitcoin? Yeah, it's it's a big question and um in many ways I mean I I even I barely scratched the surface.
(08:05) uh I I can't claim to have read uh all the volumes of Bombber works, you know, capital and interest and and stuff like that. Um but I think there's some some sort of basic concepts that we can look at that we can uh draw a lot out. Um the first uh I guess let's write that. So repeat so like capital time preference. Yeah. Well, I guess getting more broad like why sav

@ 9ca447d2:fbf5a36d

Trump Media & Technology Group (TMTG), the company behind Truth Social and other Trump-branded digital platforms, is planning to raise $2.5 billion to build one of the largest bitcoin treasuries among public companies.

The deal involves the sale of approximately $1.5 billion in common stock and $1.0 billion in convertible senior secured notes.

According to the company, the offering is expected to close by the end of May, pending standard closing conditions.

Devin Nunes, CEO of Trump Media, said the investment in bitcoin is a big part of the company’s long-term plan.

“We view Bitcoin as an apex instrument of financial freedom,” Nunes said.

“This investment will help defend our Company against harassment and discrimination by financial institutions, which plague many Americans and U.S. firms.”

He added that the bitcoin treasury will be used to create new synergies across the company’s platforms including Truth Social, Truth+, and the upcoming financial tech brand Truth.Fi.

“It’s a big step forward in the company’s plans to evolve into a holding company by acquiring additional profit-generating, crown jewel assets consistent with America First principles,” Nunes said.

The $2.5 billion raise will come from about 50 institutional investors. The $1 billion in convertible notes will have 0% interest and be convertible into shares at a 35% premium.

TMTG’s current liquid assets, including cash and short-term investments, are $759 million as of the end of the first quarter of 2025. With this new funding, the company’s liquid assets will be over $3 billion.

Custody of the bitcoin treasury will be handled by Crypto.com and Anchorage Digital. They will manage and store the digital assets.

Earlier this week The Financial Times reported Trump Media was planning to raise $3 billion for digital assets acquisitions.

The article said the funds would be used to buy bitcoin and other digital assets, and an announcement could come before a major related event in Las Vegas.

Related: Bitcoin 2025 Conference Kicks off in Las Vegas Today

Trump Media denied the FT report. In a statement, the company said, “Apparently the Financial Times has dumb writers listening to even dumber sources.”

There was no further comment. However, the official $2.5 billion figure, which was announced shortly after by Trump Media through a press release, aligns with its actual filing and investor communication.

Trump Media’s official announcement

This comes at a time when the Trump family and political allies are showing renewed interest in Bitcoin.

President Donald Trump who is now back in office since the 2025 election, has said he wants to make the U.S. the “crypto capital of the world.”

Trump Media is also working on retail bitcoin investment products including ETFs aligned with America First policies.

These products will make bitcoin more accessible to retail investors and support pro-Trump financial initiatives.

But not everyone is happy.

Democratic Senator Elizabeth Warren recently expressed concerns about Trump Media’s Bitcoin plans. She asked U.S. regulators to clarify their oversight of digital-asset ETFs, warning of investor risk.

Industry insiders are comparing Trump Media’s plans to Strategy (MSTR) which has built a multi-billion dollar bitcoin treasury over the last year. They used stock and bond sales to fund their bitcoin purchases.

@ b1ddb4d7:471244e7

Starting January 1, 2026, the United Kingdom will impose some of the world’s most stringent reporting requirements on cryptocurrency firms.

All platforms operating in or serving UK customers-domestic and foreign alike-must collect and disclose extensive personal and transactional data for every user, including individuals, companies, trusts, and charities. 

This regulatory drive marks the UK’s formal adoption of the OECD’s Crypto-Asset Reporting Framework (CARF), a global initiative designed to bring crypto oversight in line with traditional banking and to curb tax evasion in the rapidly expanding digital asset sector.

What Will Be Reported?

Crypto firms must gather and submit the following for each transaction:

• User’s full legal name, home address, and taxpayer identification number
• Detailed data on every trade or transfer: type of cryptocurrency, amount, and nature of the transaction
• Identifying information for corporate, trust, and charitable clients

The obligation extends to all digital asset activities, including crypto-to-crypto and crypto-to-fiat trades, and applies to both UK residents and non-residents using UK-based platforms. The first annual reports covering 2026 activity are due by May 31, 2027.

Enforcement and Penalties

Non-compliance will carry stiff financial penalties, with fines of up to £300 per user account for inaccurate or missing data-a potentially enormous liability for large exchanges. The UK government has urged crypto firms to begin collecting this information immediately to ensure operational readiness.

Regulatory Context and Market Impact

This move is part of a broader UK strategy to position itself as a global fintech hub while clamping down on fraud and illicit finance. UK Chancellor Rachel Reeves has championed these measures, stating, “Britain is open for business – but closed to fraud, abuse, and instability”. The regulatory expansion comes amid a surge in crypto adoption: the UK’s Financial Conduct Authority reported that 12% of UK adults owned crypto in 2024, up from just 4% in 2021.

Enormous Risks for Consumers: Lessons from the Coinbase Data Breach

While the new framework aims to enhance transparency and protect consumers, it also dramatically increases the volume of sensitive personal data held by crypto firms-raising the stakes for cybersecurity.

The risks are underscored by the recent high-profile breach at Coinbase, one of the world’s largest exchanges.

In May 2025, Coinbase disclosed that cybercriminals, aided by bribed offshore contractors, accessed and exfiltrated customer data including names, addresses, government IDs, and partial bank details. 

The attackers then used this information for sophisticated phishing campaigns, successfully deceiving some customers into surrendering account credentials and funds.

“While private encryption keys remained secure, sufficient customer information was exposed to enable sophisticated phishing attacks by criminals posing as Coinbase personnel.”

Coinbase now faces up to $400 million in compensation costs and has pledged to reimburse affected users, but the incident highlights the systemic vulnerability created when large troves of personal data are centralized-even if passwords and private keys are not directly compromised. The breach also triggered a notable drop in Coinbase’s share price and prompted a $20 million bounty for information leading to the attackers’ capture.

The Bottom Line

The UK’s forthcoming crypto reporting regime represents a landmark in financial regulation, promising greater transparency and tax compliance. However, as the Coinbase episode demonstrates, the aggregation of sensitive user data at scale poses a significant cybersecurity risk.

As regulators push for more oversight, the challenge will be ensuring that consumer protection does not become a double-edged sword-exposing users to new threats even as it seeks to shield them from old ones.

@ b1ddb4d7:471244e7

When Sergei talks about bitcoin, he doesn’t sound like someone chasing profits or followers. He sounds like someone about to build a monastery in the ruins.

While the mainstream world chases headlines and hype, Sergei shows up in local meetups from Sacramento to Cleveland, mentors curious minds, and shares what he knows is true – hoping that, with the right spark, someone will light their own way forward.

We interviewed Sergei to trace his steps: where he started, what keeps him going, and why teaching bitcoin is far more than explaining how to set up a node – it’s about reaching the right minds before the noise consumes them. So we began where most journeys start: at the beginning.

First Steps

• So, where did it all begin for you and what made you stay curious?

I first heard about bitcoin from a friend’s book recommendation, American Kingpin, the book about Silk Road (online drug marketplace). He is still not a true bitcoiner, although I helped him secure private keys with some bitcoin.

I was really busy at the time – focused on my school curriculum, running a 7-bedroom Airbnb, and working for a standardized test prep company. Bitcoin seemed too technical for me to explore, and the pace of my work left no time for it.

After graduating, while pursuing more training, I started playing around with stocks and maximizing my savings. Passive income seemed like the path to early retirement, as per the promise of the FIRE movement (Financial Independence, Retire Early). I mostly followed the mainstream news and my mentor’s advice – he liked preferred stocks at the time.

I had some Coinbase IOUs and remember sending bitcoin within the Coinbase ledger to a couple friends. I also recall the 2018 crash; I actually saw the legendary price spike live but couldn’t benefit because my funds were stuck amidst the frenzy. I withdrew from that investment completely for some time. Thankfully, my mentor advised to keep en eye on bitcoin.

Around late 2019, I started DCA-ing cautiously. Additionally, my friend and I were discussing famous billionaires, and how there was no curriculum for becoming a billionaire. So, I typed “billionaires” into my podcast app, and landed on We Study Billionaires podcast.

That’s where I kept hearing Preston Pysh mention bitcoin, before splitting into his own podcast series, Bitcoin Fundamentals. I didn’t understand most of the terminology of stocks, bonds, etc, yet I kept listening and trying to absorb it thru repetition. Today, I realize all that financial talk was mostly noise.

When people ask me for a technical explanation of fiat, I say: it’s all made up, just like the fiat price of bitcoin! Starting in 2020, during the so-called pandemic, I dove deeper. I religiously read Bitcoin Magazine, scrolled thru Bitcoin Twitter, and joined Simply Bitcoin Telegram group back when DarthCoin was an admin.

DarthCoin was my favorite bitcoiner – experienced, knowledgeable, and unapologetic. Watching him shift from rage to kindness, from passion to despair, gave me a glimpse at what a true educator’s journey would look like.

The struggle isn’t about adoption at scale anymore. It’s about reaching the few who are willing to study, take risks, and stay out of fiat traps. The vast majority won’t follow that example – not yet at least… if I start telling others the requirements for true freedom and prosperity, they would certainly say “Hell no!”

• At what point did you start teaching others, and why?

After college, I helped teach at a standardized test preparation company, and mentored some students one-on-one. I even tried working at a kindergarten briefly, but left quickly; Babysitting is not teaching.

What I discovered is that those who will succeed don’t really need my help – they would succeed with or without me, because they already have the inner drive.

Once you realize your people are perishing for lack of knowledge, the only rational thing to do is help raise their level of knowledge and understanding. That’s the Great Work.

I sometimes imagine myself as a political prisoner. If that were to happen, I’d probably start teaching fellow prisoners, doctors, janitors, even guards. In a way we already live in an open-air prison, So what else is there to do but teach, organize, and conspire to dismantle the Matrix?

Building on Bitcoin

• You hosted some in-person meetups in Sacramento. What did you learn from those?

My first presentation was on MultiSig storage with SeedSigner, and submarine swaps through Boltz.exchange.

I realized quickly that I had overestimated the group’s technical background. Even the meetup organizer, a financial advisor, asked, “How is anyone supposed to follow these steps?” I responded that reading was required… He decided that Unchained is an easier way.

At a crypto meetup, I gave a much simpler talk, outlining how bitcoin will save the world, based on a DarthCoin’s guide. Only one person stuck around to ask questions – a man who seemed a little out there, and did not really seem to get the message beyond the strength of cryptographic security of bitcoin.

Again, I overestimated the audience’s readiness. That forced me to rethink my strategy. People are extremely early and reluctant to study.

• Now in Ohio, you hold sessions via the Orange Pill App. What’s changed?

My new motto is: educate the educators. The corollary is: don’t orange-pill stupid normies (as DarthCoin puts it).

I’ve shifted to small, technical sessions in order to raise a few solid guardians of this esoteric knowledge who really get it and can carry it forward.

The youngest attendee at one of my sessions is a newborn baby – he mostly sleeps, but maybe he still absorbs some of the educational vibes.

• How do local groups like Sactown and Cleveland Bitcoiners influence your work?

Every meetup reflects its local culture. Sacramento and Bay Area Bitcoiners, for example, do camping trips – once we camped through a desert storm, shielding our burgers from sand while others went to shoot guns.

Cleveland Bitcoiners are different. They amass large gatherings. They recently threw a 100k party. They do a bit more community outreach. Some are curious about the esoteric topics such as jurisdiction, spirituality, and healthful living.

I have no permanent allegiance to any state, race, or group. I go where I can teach and learn. I anticipate that in my next phase, I’ll meet Bitcoiners so advanced that I’ll have to give up my fiat job and focus full-time on serious projects where real health and wealth are on the line.

Hopefully, I’ll be ready. I believe the universe always challenges you exactly to your limit – no less, no more.

• What do people struggle with the most when it comes to technical education?

The biggest struggle isn’t technical – it’s a lack of deep curiosity. People ask “how” and “what” – how do I set up a node, what should one do with the lightning channels? But very few ask “why?”

Why does on-chain bitcoin not contribute to the circular economy? Why is it essential to run Lightning? Why did humanity fall into mental enslavement in the first place?

I’d rather teach two-year-olds who constantly ask “why” than adults who ask how to flip a profit. What worries me most is that most two-year-olds will grow up asking state-funded AI bots for answers and live according to its recommendations.

• One Cleveland Bitcoiner shows up at gold bug meetups. How valuable is face-to-face education?

I don’t think the older generation is going to reverse the current human condition. Most of them have been under mind control for too long, and they just don’t have the attention span to study and change their ways.

They’re better off stacking gold and helping fund their grandkids’ education. If I were to focus on a demographic, I’d go for teenagers – high school age – because by college, the indoctrination is usually too strong, and they’re chasing fiat mastery.

As for the gold bug meetup? Perhaps one day I will show up with a ukulele to sing some bitcoin-themed songs. Seniors love such entertainment.

• How do you choose what to focus on in your sessions, especially for different types of learners?

I don’t come in with a rigid agenda. I’ve collected a massive library of resources over the years and never stopped reading. My browser tab and folder count are exploding.

At the meetup, people share questions or topics they’re curious about, then I take that home, do my homework, and bring back a session based on those themes. I give them the key takeaways, plus where to dive deeper.

Most people won’t – or can’t – study the way I do, and I expect attendees to put in the work. I suspect that it’s more important to reach those who want to learn but don’t know how, the so-called nescient (not knowing), rather than the ignorant.

There are way too many ignorant bitcoiners, so my mission is to find those who are curious what’s beyond the facade of fake reality and superficial promises.

That naturally means that fewer people show up, and that’s fine. I’m not here for the crowds; I’m here to educate the educators. One bitcoiner who came decided to branch off into self-custody sessions and that’s awesome. Personally, I’m much more focused on Lightning.

I want to see broader adoption of tools like auth, sign-message, NWC, and LSPs. Next month, I’m going deep into eCash solutions, because let’s face it – most newcomers won’t be able to afford their own UTXO or open a lightning channel; additionally, it has to be fun and easy for them to transact sats, otherwise they won’t do it. Additionally, they’ll need to rely on

@ 1c5ff3ca:efe9c0f6

Just calling it Open is not enough - Herausforderungen öffentlicher Bildungsinfrastrukturen und wie Nostr helfen könnte

Ich möchte gerne mit euch teilen, an welchen Konzepten ich arbeite, um die öffentliche Bildungsinfrastruktur mit Hilfe von Nostr zugänglicher und offener zu gestalten. Ich arbeite im Bereich öffentlicher Bildungsinfrastrukturen, besonders im Feld von Open Educational Resources (#OER). OER sind offen lizenzierte Bildungsmaterialien, die mit einer offenen Lizenz, meist einer Creative Commons Lizenz, versehen sind (CC-0, CC-BY, CC-BY-SA). Durch die klare und offene Lizenzierung ist es leicht möglich, die Lernmaterialien auf die individuellen Bedarfe anzupassen, sie zu verbessern und sie erneut zu veröffentlichen.

Seit vielen Jahren wird einerseits die Entwicklung freier Bildungsmaterialien gefördert, andererseits werden Plattformen, insbesondere Repositorien gefördert, die diese Materialien verfügbar machen sollen. Denn irgendwo müssen diese Materialien zur Verfügung gestellt werden, damit sie auch gefunden werden können.

Das klappt allerdings nur so mittelgut.

Herausforderungen

Nach vielen Jahren Förderung kann die einfache Frage: "Wo kann ich denn mein OER-Material bereitstellen" nicht einfach beantwortet werden. Es gibt Services, bei denen ich mein OER hochladen kann, jedoch bleibt es dann eingeschlossen in dieser Plattform und wird nicht auf anderen Plattformen auffindbar. Außerdem sind diese Services häufig an bestimmte Bildungskontexte gebunden oder geben Content erst nach einer Qualitätsprüfung frei. Dies führt dazu, dass ein einfaches und gleichzeitig öffentliches Teilen nicht möglich ist.

Diese und weitere Herausforderungen haben ihren Ursprung darin, dass Service und Infrastruktur in der Architektur öffentlichen Bildungsarchitektur ungünstig vermischt werden. Als Infrastruktur verstehe ich hier die Bereitstellung einer öffentlichen und offen zugänglichen Bildungsinfrastruktur, auf der Daten ausgetauscht, also bereitgestellt und konsumiert werden können. Jedoch existiert eine solche Infrstruktur momentan nicht unabhängig von den Services, die auf ihr betrieben werden. Infrastrukturbetreiber sind momentan gleichzeitig immer Servicebetreiber. Da sie aber die Hand darüber haben wollen, was genau in ihrem Service passiert (verständlich), schränken sie den Zugang zu ihrer Infrastruktur mit ein, was dazu führt, dass sie Lock-In Mechanismen großer Medienplattformen in der kleinen öffentlichen Bildungsinfrastruktur replizieren.

Es ist in etwas so, als würde jeder Autobauer auch gleichzeitig die Straßen für seine Fahrzeuge bauen. Aber halt nur für seine Autos.

Anhand einiger beispielhafter Services, die bestehende Plattformen auf ihren Infrastrukturen anbieten, möchte ich die Herausforderungen aufzeigen, die ich im aktuellen Architekturkonzept sehe:

• Upload von Bildungsmaterial
• Kuration: Zusammenstellung von Listen, Annotation mit Metadaten
• Crawling, Indexierung und Suche
• Plattfformübergreifende Kollaboration in Communities -> Beispiel: Qualitätssicherung (was auch immer das genau bedeutet)
• KI- Services -> Beispiel: KI generierte Metadaten für BiIdungsmaterial

Material Upload

Der Service "Material-Upload" oder das Mitteilen eines Links zu einem Bildungsmaterial wird von verschiedenen OER-Pattformen bereitgestellt (wirlernenonline.de, oersi.org, mundo.schule).

Dies bedeutet konkret: Wenn ich bei einer der Plattformen Content hochlade, verbleibt der Content in der Regel auch dort und wird nicht mit den anderen Plattformen geteilt. Das Resultat für die User: Entweder muss ich mich überall anmelden und dort mein Material hochladen (führt zu Duplikaten) oder damit leben, dass eben nur die Nutzer:innen der jeweiligen Plattform meinen Content finden können.

Der "Open Educational Resource Search Index" (OERSI) geht diese Herausforderung an, indem die Metadaten zu den Bildungsmaterialien verschiedener Plattformen in einem Index bereitgestellt werden. Dieser Index ist wiederum öffentlich zugänglich, sodass Plattformen darüber auch Metadaten anderer Plattformen konsumieren können. Das ist schon sehr gut. Jedoch funktioniert das nur für Plattformen, die der OERSI indexiert und für alle anderen nicht. Der OERSI ist auf den Hochschulbereich fokussiert, d.h. andere Bildungskontexte werden hier ausgeschlossen. Der Ansatz für jeden Bildungsbereich einen passenden "OERSI" daneben zustellen skaliert und schlecht und es bleibt die Herausforderung bestehen, dass für jede Quelle, die indexiert werden soll, ein entsprechender Importer/Crawler geschrieben werden muss.

Dieser Ansatz (Pull-Ansatz) rennt den Materialien hinterher.

Es gibt jedoch noch mehr Einschränkungen: Die Plattformen haben sich jeweils auf spezifische Bildungskontexte spezialisiert. D.h. auf die Fragen: Wo kann ich denn mein OER bereitstellen, muss immer erst die Gegenfrage: "Für welchen Bildungsbereich denn?" beantwortet werden. Wenn dieser außerhalb des allgemeinbildendenden Bereichs oder außerhalb der Hochschule liegt, geschweige denn außerhalb des institutionellen Bildungsrahmens, wird es schon sehr, sehr dünn. Kurzum:

• Es ist nicht einfach möglich OER bereitzustellen, sodass es auch auf verschiedenen Plattformen gefunden werden kann.

Kuration

Unter Kuration verstehe ich hier die Zusammenstellung von Content in Listen oder Sammlungs ähnlicher Form sowie die Annotation dieser Sammlungen oder des Contents mit Metadaten.

Einige Plattformen bieten die Möglichkeit an, Content in Listen einzuordnen. Diese Listen sind jedoch nicht portabel. Die Liste, die ich auf Plattform A erstelle, lässt sich nicht auf Plattform B importieren. Das wäre aber schön, denn so könnten die Listen leichter auf anderen Plattformen erweitert oder sogar kollaborativ gestaltet werden, andererseits werden Lock-In-Effekte zu vermieden.

Bei der Annotation mit Metadaten treten verschiedene zentralisierende Faktoren auf. In der momentanen Praxis werden die Metadaten meist zum Zeitpunkt der Contentbereitstellung festgelegt. Meist durch eine Person oder Redaktion, bisweilen mit Unterstützung von KI-Services, die bei der Metadateneingabe unterstützen. Wie aber zusätzliche eigene Metadaten ergänzen? Wie mitteilen, dass dieses Material nicht nur für Biologie, sondern auch für Sport in Thema XY super einsetzbar wäre? Die momentanen Ansätze können diese Anforderung nicht erfüllen. Sie nutzen die Kompetenz und das Potential ihrer User nicht.

• Es gibt keine interoperablen Sammlungen
• Metadaten-Annotation ist zentralisiert
• User können keine eigenen Metadaten hinzufügen

Crawling, Indexierung und Suche

Da die Nutzer:innen nicht viele verschiedene Plattformen und Webseiten besuchen wollen, um dort nach passendem Content zu suchen, crawlen die "großen" OER-Aggregatoren diese, um die Metadaten des Contents zu indexieren. Über verschiedene Schnittstellen oder gerne auch mal über das rohe HTML. Letztere Crawler sind sehr aufwändig zu schreiben, fehleranfällig und gehen bei Design-Anpassungen der Webseite schnell kaputt, erstere sind etwas stabiler, solange sich die Schnittstelle nicht ändert. Durch den Einsatz des Allgemeinen Metadatenprofils für Bildungsressourcen (AMB) hat sich die Situation etwas verbessert. Einige Plattformen bieten jetzt eine Sitemap an, die Links zu Bildungsmaterial enthalten, die wiederum eingebettet script-tags vom Typ application/ld+json enthalten, sodass die Metadaten von dort importiert werden können.

Beispiel: e-teaching.org bietet hier eine Sitemap für ihre OER an: https://e-teaching.org/oer-sitemap.xml und auf den jeweiligen Seiten findet sich ein entsprechendes script-Tag.

Das ist schon viel besser, aber da geht noch mehr:

Zunächst ist dieser Ansatz nur für Plattformen und Akteure praktikabel, die über IT-Ressourcen verfügen, um entsprechende Funktionalitäten bei sich einbauen zu können. Lehrende können dies nicht einfach auf ihrem privaten Blog oder ähnliches umsetzen. Zum anderen besteht immer noch ein Discovery Problem. Ich muss nach wie vor wissen, wo ich suchen muss. Ich muss die Sitemaps kennen, sonst finde ich nichts. Statt eines Ansatzes, bei dem Akteure eigenständig mitteilen können, dass sie neuen Content haben (Push-Ansatz), verfolgen wir derzeit einen Ansatz, bei dem jede Plattform für sich Content im Pull-Verfahren akquiriert. Dies führt an vielen Stellen zu Doppelarbeiten, ist ineffizient (mehrere Personen bauen genau die gleichen Crawler, aber halt immer für ihre Plattform) und schliesst vor allem kleine Akteure aus (lohnt es sich einen Crawler zu programmieren, wenn die Webseite "nur" 50 Materialien bereitstellt?).

Anstatt erschlossene Daten zu teilen, arbeiten die Plattformen für sich oder stellen es höchstens wieder hinter eigenen (offenen oder geschlossenen) Schnittstellen bereit. Das ist wohl nicht das, was wir uns unter einer offenen und kollaborativen Gemeinschaft vorstellen, oder?

Bei der Suche stehen wir vor ähnlichen Herausforderungen, wie bereits oben geschildert. Obwohl verschiedene OER-Aggregatoren in Form von Repositorien oder Referatorien bereits viele der "kleineren" Plattformen indexieren und somit eine übergreifende Suche anbieten, ist es nicht möglich, diese Aggregatoren gemeinsam zu durchsuchen. Dies führt im Endeffekt dazu, dass die User wieder verschiedene Plattformen ansteuern müssen, wenn sie den gesamten OER-Fundus durchsuchen wollen.

• An vielen Stellen wird Content doppelt erschlossen, aber immer für die eigene Plattform
• Es gibt keinen geteilten Datenraum, in den Akteure Content "pushen" können
• Es gibt keine plattformübergreifenden Suchmöglichkeiten

Plattformübergreifende Kollaboration

Das wäre schön, oder? Mir ist schleierhaft, wie #OEP (Open Educational Practices, genaue Definition durch die Community steht noch aus) ohne funktionieren soll. Aber es gibt meines Wissens nach nicht mal Ansätze, wie das technisch umgesetzt werden soll (oder doch? let me hear).

Ein Szenario für solche plattformübergreifende Kollaboration könnte Qualitätssicherung sein. Gesetzt, dass sich zwei Plattformen / Communities auf etwas verständigt haben, dass sie als "Qualität" bezeichnen, wie aber dieses Gütesiegel nun an den Content bringen?

Plattform A: Na, dann kommt doch alle zu uns. Hier können wir das machen und dann hängt auch ein schönes Badge an den Materialien.

Plattform B: Ja, aber dann hängt es ja nicht an unseren Materialien. Außerdem wollen/müssen wir bei uns arbeiten, weil welche Existenzberechtigung hat denn meine Plattform noch, wenn wir alles bei dir machen?

• Obwohl nun #OEP in aller Munde sind, gibt es keine technischen Ansätze, wie (plattformübergreifende) Kollaboration technisch abgebildet werden kann

KI-Services

Was ist heute schon komplett ohne das Thema KI zu erwähnen? Mindestens für den nächsten Förderantrag muss auch irgendetwas mit KI gemacht werden...

Verschiedene Projekte erarbeiten hilfreiche und beeindruckende KI-Services. Beispielsweise, um die Annotation von Content mit Metadaten zu erleichtern, Metadaten automatisch hinzuzufügen, Content zu bestimmten Themen zu finden oder (halb-)automatisch zu Sammlungen hinzuzufügen. Aber (vielleicht habt ihr es schon erraten): Funktioniert halt nur auf der eigenen Plattform. Vermutlich, weil die Services nah am plattformeigenen Datenmodell entwickelt werden. Und da die Daten dieses Silo nicht verlassen, passt das schon. Das führt dazu, dass an mehreren Stellen die gleichen Services doppelt entwickelt werden.

• KI-Services funktionieren oft nur auf der Plattform für die sie entwickelt werden

Zusammenfassung der Probleme

Wir machen übrigens vieles schon sehr gut (Einsatz des AMB, Offene Bidungsmaterialien, wir haben eine großartige Community) und jetzt müssen wir halt weiter gehen.

(Die OER-Metadatengruppe, die das Allgemeine Metadatenprofil für Bildungsressourcen (AMB) entwickelt hat, bekommt für ihre Arbeit keine direkte Förderung. Gleichzeitig ist sie eine zentrale Anlaufstelle für alle, die mit Metadaten in offenen Bildungsinfrastukturen hantieren und das Metadatenprofil ist eines der wenigen Applikationsprofile, das öffentlich einsehbar, gut dokumentiert ist und Validierungsmöglichkeiten bietet.)

Betrachten wir die gesamten Plattformen und die beschriebenen Herausforderungen aus der Vogelperspektive, so lassen sich drei ineinander verschränkte Kernbestandteile unterscheiden, die helfen, die beschriebenen Probleme besser zu verstehen:

• User
• Service
• Daten

User: Auf (fast) allen Plattformen agieren User. Sie laden Material hoch, annotieren mit Metadaten, sind in einer Community, suchen Content usw. Egal, ob sie sich einloggen können/müssen, irgendetwas bieten wir unseren Usern an, damit sie daraus hoffentlich Mehrwerte ziehen

Service: Das ist dieses irgendetwas. Die "Webseite", die Oberfläche, das, wo der User klicken und etwas tun kann. Es ist das, was den Daten oft eine "visuelle" Form gibt. Der Service ist der Mittler, das Interface zwischen User und Daten. Mithilfe des Services lassen sich Daten erzeugen, verändern oder entfernen (Es gibt natürlich auch viele nicht-visuelle Services, die Interaktion mit Daten ermöglichen, aber für die meisten normalen Menschen, gibt es irgendwo was zu klicken).

Daten: Die Informationen in strukturierter maschinenlesbarer Form, die dem User in gerenderter Form durch einen Service Mehrwerte bieten können. Ungerenderte Daten können wir schwieirg erfassen (wir sind ja nicht Neo). Das können entweder die Metadaten zu Bildungmaterialien sein, die Materialien selbst, Profilinformationen, Materialsammlungen o.ä.

Meines Erachtens nach haben viele der oben beschriebenen Herausforderungen ihren Ursprung darin, dass die drei Kernbestandteile User, Service, Daten ungünstig miteinander verbunden wurden. Was kein Vorwurf sein soll, denn das ist genau die Art und Weise, wie die letzten Jahre (Jahrzehnte?) Plattformen immer gebaut wurden:

• User, Service und Daten werden in einer Plattform gebündelt

Das heisst durch meinen Service agieren die User mit den Daten und ich kann sicherstellen, dass in meiner kleinen Welt alles gut miteinander funktioniert. Sinnvoll, wenn ich Microsoft, Facebook, X oder ähnliches bin, weil mein Geschäftsmodell genau darin liegt: User einschließen (lock-in), ihnen die Hohheit über ihren Content nehmen (oder kannst du deine Facebook Posts zu X migrieren?) und nach Möglichkeit nicht wieder rauslassen.

Aber unsere Projekte sind öffentlich. Das sind nicht die Mechanismen, die wir replizieren sollten. Also was nun?

Bildungsinfrasstrukturen auf Basis des Nostr-Protokolls

Nostr

Eine pseudonyme Person mit dem Namen "fiatjaf" hat 2019 ein Konzept für ein Social Media Protokoll "Nostr - Notes and Other Stuff Transmitted By Relays" wie folgt beschrieben:

It does not rely on any trusted central server, hence it is resilient, it is based on cryptographic keys and signatures, so it is tamperproof, it does not rely on P2P techniques, therefore it works.

Fiatjaf, 2019

Die Kernbestandsteile des Protokolls bestehen aus:

• JSON -> Datenformat
• SHA256 & Schnorr -> Kryptographie
• Websocket -> Datenaustausch

Und funktionieren tut es so:

User besitzen ein "Schlüsselpaar": einen privaten Schlüssel (den behälst du für dich, nur für dich) und einen öffentlichen Schlüssel, den kannst du herumzeigen, das ist deine öffentliche Identität. Damit sagst du anderen Usern: Hier schau mal, das bin ich. Die beiden Schlüssel hängen dabei auf eine "magische" (kryptografische) Weise zusammen: Der öffentliche Schlüssel lässt sich aus dem privaten Schlüssel generieren, jedoch nicht andersherum. D.h. falls du deinen öffentlichen Schlüssel verlierst: Kein Problem, der lässt sich immer wieder herstellen. Wenn du deinen privaten Schlüssel verlierst: Pech gehabt, es ist faktisch unmöglich, diesen wieder herzustellen.

Die Schlüsselmagie geht jedoch noch weiter: Du kannst mit deinem privaten Schlüssel "Nachrichten" signieren, also wie unterschreiben. Diese Unterschrift, die du mit Hilfe des privaten Schlüssels erstellst, hat eine magische Eigenschaft: Jeder kann mithilfe der Signatur und deinem öffentlichen* Schlüssel nachprüfen, dass nur die Person, die auch den privaten Schlüssel zu diesem öffentlichen Schlüssel besitzt, diese Nachricht unterschrieben haben kann. Magisch, richtig? Verstehst du nicht komplett? Nicht schlimm, du benutzt es bereits vermutlich, ohne dass du es merkst. Das ist keine fancy neue Technologie, sondern gut abgehangen und breit im Einsatz.

Merke: User besitzen ein Schlüsselpaar und können damit Nachrichten signieren.

Dann gibt es noch die Services. Services funktionieren im Grunde wie bereits oben beschrieben. Durch sie interagieren die User mit Daten. Aber bei Nostr ist es ein kleines bisschen anders als sonst, denn: Die Daten "leben" nicht in den Services. Aber wo dann?

Wenn ein User einen Datensatz erstellt, verändert oder entfernen möchte, wird dieses "Event" (so nennen wir das bei Nostr) mit deinem privaten Schlüssel signiert (damit ist für alle klar, nur du kannst das gemacht haben) und dann mehrere "Relays" gesendet. Das sind die Orte, wo die Daten gehalten werden. Wenn ein User sich in einen Service einloggt, dann holt sich der Service die Daten, die er braucht von diesen Relays. User, Service und Daten sind also entkoppelt. Der User könnte zu einem anderen Service wechseln und sich dieseleben Daten von den Relays holen. Keine Lock-In Möglichkeiten.

Merke: User, Service und Daten sind entkoppelt.

Zuletzt gibt es noch die Relays. Relays sind Orte. Es sind die Orte, zu denen die Events, also die Daten der User, ihre Interaktionen, gesendet und von denen sie angefragt werden. Sie sind sowas wie das Backend von Nostr, allerdings tun sie nicht viel mehr als das: Events annehmen, Events verteilen. Je nach Konfiguration dürfen nur bestimmte User auf ein Relay schreiben oder davon lesen.

Das Protokoll ist von seinem Grunddesign auf Offenheit und Interoperabilität ausgelegt. Keine Registrierung ist nötig, sondern nur Schlüsselpaare. Durch kryptografische Verfahren kann dennoch die Authentizitität eines Events sichergestellt werden, da nur die Inhaberin des jeweiligen Schlüsselpaares dieses Event so erstellen konnte. Die Relays sorgen dafür die Daten an die gewünschten Stellen zu bringen und da wir mehr als nur eines benutzen, haben wir eine gewisse Ausfallsicherheit. Da die Daten nur aus signierten JSON-Schnipseln bestehen, können wir sie leicht an einen anderen Ort kopieren, im Falle eines Ausfalls. Durch die Signaturen ist wiederum sichergestellt, dass zwischendurch keine Veränderungen an den Daten vorgenommen wurden.

Beispiel: Ein Nostr Event

Hier ein kleiner technischer Exkurs, der beschreibt, wie Nostr Events strukturiert sind. Falls dich die technischen Details nicht so interessieren, überspringe diesen Abschnitt ruhig.

Jedes Nostr Event besitzt die gleiche Grundstruktur mit den Attributen:

• id: Der Hash des Events
• pubkey: Der Pubkey des Urhebers des Events
• created_at: Der Zeitstempel des Events
• kind: Der Typ des Events
• tags: Zusätzliche Metadaten für das Event können in diesem Array hinterlegt werden
• content: Der textuelle Inhalt eines Events
• sig: Die Signatur des Events, um die Integrität der Daten zu überprüfen

json { "id": <32-bytes lowercase hex-encoded sha256 of the serialized event data>, "pubkey": <32-bytes lowercase hex-encoded public key of the event creator>, "created_at": <unix timestamp in seconds>, "kind": <integer between 0 and 65535>, "tags": [ [<arbitrary string>...], // ... ], "content": <arbitrary string>, "sig": <64-bytes lowercase hex of the signature of the sha256 hash of the serialized event data, which is the same as the "id" field> }

Die verwendeten Eventtypen sowie die existierenden Spezifikationen lassen sich unter https://github.com/nostr-protocol/nips/ einsehen.

Wichtig ist auch: Du kannst einfach anfangen, Anwendungen zu entwickeln. Die Relays werden alle Events akzeptieren, die dem o.g. Schema folgen. Du musst also niemanden um Erlaubnis fragen oder warten, bis deine Spezifikation akzeptiert und hinzugefügt wurde.

You can just build things.

Exkurs: Nostr für Binärdaten - Blossom

Ja, aber... das ist doch nur für textbasierte Daten geeignet? Was ist denn mit den Binärdaten (Bilder, Videos, PDFs, etc)

Diese Daten sind oft recht groß und es wurde sich auf das Best-Practice geeignet, diese Daten nicht auf Relays abzulegen, sondern einen besser geeigneten Publikationsmechanismus für diese Datentypen zu finden. Der Ansatz wird als "Blossom - Blobs stored simply on mediaservers" bezeichnet und ist recht unkompliziert.

Blossom Server (nichts anderes als simple Medienserver) nutzen Nostr Schlüsselpaare zur Verwaltung Identitäten und zum Signieren von Events. Die Blobs werden über ihren sha256 Hash identifiziert. Blossom definiert einige standardisierte Endpunkte, die beschreiben wie Medien hochgeladen werden können, wie sie konsumiert werden können usw.

Die Details, wie Authorisierung und die jeweiligen Endpunkte funktionieren, werden in der genannten Spezifikation beschrieben.

Nostr 🤝 Öffentliche Bildungsinfrastrukturen

Wie könnten Herausforderungen gelöst werden, wenn wir Nostr als Basis für die öffentliche Bildungsinfrastruktur einsetzen?

Material-Upload

• Es ist nicht einfach möglich OER bereitzustellen, sodass es auch auf verschiedenen Plattformen gefunden werden kann.

Mit Nostr als Basis-Infrastruktur würden die Metadaten und die Binärdaten nicht an den Service gekoppelt sein, von dem aus sie bereitgestellt wurden. Binärdaten können auf sogenannten Blossom-Servern gehostet werden. Metadaten, Kommentare und weitere textbasierte Daten werden über die Relay-Infrastruktur verteilt. Da Daten und Service entkoppelt sind, können die OER Materialien von verschiedenen Anwendungen aus konsumiert werden.

Kuration

• Es gibt keine interoperablen Sammlungen
• Metadaten-Annotation ist zentralisiert
• User können keine eigenen Metadaten hinzufügen

Sammlungen sind per se interoperabel. Auf Protokollebene ist definiert, wie Listen funktionieren. Die Annotation mit Metadaten ist an keiner Stelle zentralisiert. Das Versprechen der RDF-Community "Anyone can say anything about any topic" wird hier verwirklicht. Ich muss mir ja nicht alles anhören. Vielleicht konsumiere ich nur Metadaten-Events bestimmter Redaktionen oder User. Vielleicht nur diejenigen mit einer Nähe zu meinem sozialen Graphen. Jedenfalls gibt es die Möglichkeit für alle User entsprechende Metadaten bereit zu stellen.

Crawling, Indexierung und Suche * An vielen Stellen wird Content doppelt erschlossen, aber immer für die eigene Plattform * Es gibt keinen geteilten Datenraum, in den Akteure Content "pushen" können * Es gibt keine plattformübergreifenden Suchmöglichkeiten

Keine Doppelerschließungen mehr. Wenn ein User im Netzwerk ein Metadatenevent veröffentlicht hat, ist es für alle konsumierbar. Der Datenraum ist per se geteilt. Plattformübergreifende Suche wird durch die Kombination aus Relays und NIPs ermöglicht. In den NIPs können spezielle Query-Formate für die jeweiligen NIPs definiert werden. Relays können anzeigen, welche NIPs sie untersützten. Eine plattformübergreifende Suche ist im Nostr eine relay-übergreifende Suche.

Plattformübergreifende Kollaboration

• Obwohl nun #OEP in aller Munde sind, gibt es keine technischen Ansätze, wie (plattformübergreifende) Kollaboration technisch abgebildet werden kann

Nostr ist der technische Ansatz.

KI-Services

• KI-Services funktionieren oft nur auf der Plattform für die sie entwickelt werden

Es gibt im Nostr das Konzept der Data Vending Machines (s. auch data-vending-machines.org). Statt also einfach nur eine API zu bauen (was auch schon sehr schön ist, wenn sie offen zugänglich ist), könnten diese Services auch als Akteure im Nostr Netzwerk fungieren und Jobs annehmen und ausführen. Die Art der Jobs kann in einer Spezifikation beschrieben werden, sodass die Funktionsweise für alle interessierten Teilnehmer im Netzwerk einfach nachzuvollziehen ist.

Die Services könnten sogar monetarisiert werden, sodass sich hier auch Möglichkeiten böten, Geschäftsmodelle zu entwickeln.

Fazit

Die Open Education Community ist großartig. Es sind einzigartige und unglaublich engagierte Menschen, die sich dem hehren Ziel "Zugängliche Bildung für Alle" -> "Offene Bildung" verschrieben haben. Wir verwenden Creative Commons Lizenzen -> Commons -> Gemeingüter. Es ist okay, dass viele Projekte von Sponsoren und Förderungen abhängig sind. Was wir machen, ist im Sinne eines Gemeingutes: Öffentliche Bildung für alle. Also zahlen wir als Gemeinschaft alle dafür.

Was nicht okay ist: Dass das, wofür wir alle gezahlt haben, nach kurzer Zeit nicht mehr auffindbar ist. Dass es eingeschlossen wird. In öffentlich finanzierten Datensilos. Es muss für alle auch langfristig verfügbar sein. Sonst ist es nicht zugänglich, nicht offen. Dann ist das O in OER nur ein Label und Marketing, um für eine ABM-Maßnahme 3 Jahre Geld zu bekommen. Denn nichts anderes ist Content-Entwicklung, wenn der Content nach drei Jahren weggeschmissen wird.

Und dasselbe gilt für OEP. Offene Lernpraktiken, sind auch nur eine Phrase, wenn wir die passende technische Infrastruktur nicht mitdenken, die wirkliche Offenheit und Kollaboration und damit die Umsetzung offener Lernpraktiken ermöglicht.

Und wenn wir uns jetzt nicht Gedanken darüber machen, die Infrastruktur für offenes Lernen anzupassen, dann werden wir vermutlich in einigen Jahren sehen können, was bei politischen Umorientierungen noch davon übrig bleiben wird. Wenn die Fördertöpfe komplett gestrichen werden, was bleibt dann übrig von dem investierten Geld?

Wir brauchen Lösungen, die engagierte Communities weiter betreiben können und denen kein Kopf abgeschlagen werden kann, ohne dass wir zwei neue daneben setzen könnten.

Wir müssen uns jetzt Gedanken darüber machen.

Wie offen will öffentliche Bildungsinfrastruktur sein?

@ b1ddb4d7:471244e7

Picture this: you’re trying to buy coffee with Bitcoin, but instead of waiting 10 minutes for blockchain confirmation and paying $5 in fees, your transaction completes instantly for a fraction of a penny.

That’s the promise of the Lightning Network, Bitcoin’s most ambitious scaling solution.

But here’s the thing that most people don’t realize – the entire system only works because of an intricate web of technical standards that most users never see.

These standards, known as BOLTs (Basis of Lightning Technology), are the invisible foundation that makes Lightning’s magic possible. Without them, we’d have a fragmented mess of incompatible systems rather than the seamless payment network that’s processing millions of transactions today.

The Protocol Puzzle: Why Lightning Needed Standards

When Lightning Network was first conceived in 2015, it faced a classic chicken-and-egg problem. Multiple development teams were working on implementations – Lightning Labs with LND, Blockstream with c-lightning, and ACINQ with Eclair – but they all had slightly different ideas about how things should work. Without coordination, these would have become isolated islands of functionality.

Think about the early days of instant messaging, when AOL Instant Messenger users couldn’t talk to Yahoo Messenger users. That’s exactly what Lightning developers wanted to avoid. The solution was BOLT – a comprehensive set of technical specifications that would ensure any Lightning implementation could talk to any other, regardless of who built it.

The first BOLT specifications emerged in 2016, but they weren’t just academic exercises. These documents had to solve real engineering challenges: How do you route payments through a network of payment channels? How do you ensure privacy when every transaction could potentially be monitored? How do you handle the inevitable network failures and channel closures?

Inside the BOLT Specifications: A Technical Breakdown

The BOLT specifications read like a blueprint for building a parallel financial system. Each document tackles a specific piece of the Lightning puzzle, and together they create something remarkably sophisticated.

BOLT #1 establishes the foundation – the basic message formats and communication rules that every Lightning node must understand. It’s like defining the grammar of a new language that computers use to talk about money. This specification covers everything from how nodes identify themselves to the basic structure of Lightning messages.

BOLT #2 gets into the nitty-gritty of channel management, the heart of Lightning’s functionality. Payment channels are essentially shared cryptocurrency wallets between two parties, and managing them securely requires incredibly precise coordination. This specification defines exactly how nodes negotiate channel parameters, handle updates, and gracefully close channels when needed. One wrong step here, and funds could be lost forever.

The routing problem gets its due attention in BOLT #4, which implements something called “onion routing” – the same privacy technique used by Tor. When you send a Lightning payment, each node in the path only knows the previous and next hop, never the full route. The sender wraps the payment instructions in multiple layers of encryption, like nested Russian dolls, with each node peeling off one layer to reveal just enough information to forward the payment.

BOLT #7 tackles network discovery – how nodes find each other in the first place. Unlike traditional payment networks with centralized directories, Lightning is completely peer-to-peer. Nodes gossip about available channels and routing fees, creating a constantly updating map of the network that every participant shares.

Perhaps the most user-facing specification is BOLT #11, which standardizes Lightning invoices. Those QR codes you scan to make Lightning payments? They’re not just random data – they’re precisely formatted requests that include payment amounts, destination information, and routing hints, all encoded in a way that any Lightning wallet can understand.

But BOLT #11 is just the beginning of Lightning’s invoice evolution. BOLT #12 represents the next generation of Lightning payments with “offers” – a revolutionary approach that makes Lightning payments as easy as traditional online shopping.

The User Experience Revolution: BOLT #11 and the Invoice Problem

To understand why BOLT #11 was so crucial, you need to appreciate just how clunky early Lightning payments were. Before standardized invoices, sending a Lightning payment required manually entering node public keys, payment hashes, and routing information – a process so error-prone that one wrong character could send your Bitcoin into the digital void.

BOLT #11 changed everything by creating a standardized invoice format that packs all necessary payment information into a single, human-readable string. These invoices use a clever encoding scheme called Bech32 (the same format used for modern Bitcoin addresses) that includes built-in error detection. If you accidentally change a character when copying an invoice, your wallet will immediately know something’s wrong.

But the real genius of BOLT #11 lies in its flexibility. Lightning invoices can include optional routing hints that help wallets find paths to the recipient, even if they’re not well-connected to the broader network. They can specify exact amounts or leave them open for the sender to choose. They can include expiration times, descriptions of what’s being purchased, and even fallback Bitcoin addresses for when Lightning payments fail.

The specification also solved a crucial privacy problem. Early Lightning implementations often revealed too much information about recipients in their invoices. BOLT #11 carefully balances the need for routing information with privacy protection, ensuring that invoices contain just enough data to enable payments without exposing unnecessary details about the recipient’s node or channels.

The Next Evolution: BOLT #12 and the Promise of Offers

While BOLT #11 invoices solved the immediate usability problem, they still had significant limitations that became apparent as Lightning adoption grew. Traditional invoices are single-use, expire relatively quickly, and require the recipient to generate a new one for each payment. Try to explain to your grandmother why she needs to create a new QR code every time someone wants to send her money, and you’ll quickly understand the problem.

BOLT #12, currently being implemented across Lightning software, introduces “offers” – a completely new approach to requesting Lightning payments that works more like traditional payment systems. Instead of creating single-use invoices, merchants and individuals can create reusable offers that work like persistent payment addresses.

The technical innovation behind offers is fascinating. When someone wants to pay an offer, their wallet first contacts the recipient’s node and requests a fresh invoice specifically for that payment. This happens automatically and invisibly to the user, but it solves several critical problems that plagued BOLT #11 invoices.

First, offers enable recurring payments. A subscription service can create a single offer that customers’ wallets can automatically pay monthly, weekly, or on any schedule. The recipient generates a fresh invoice for each payment, maintaining security while enabling the convenience of automated billing.

Second, offers dramatically improve privacy. Because each payment uses a freshly generated invoice, it’s much harder for external observers to correlate multiple payments to the same recipient. Someone monitoring the Lightning network might see that Alice paid 50,000 satoshis to some node, but they can’t easily determine if this was her first payment to that merchant or her hundredth.

The specification also introduces “offer chains” – a way to create offers that can be paid multiple times with different amounts. A coffee shop could create a single offer that customers can pay for any amount, with their wallets automatically calculating tips or adjusting for different menu items.

Behind the Scenes: The Technical Complexity of Simple Payments

What makes BOLT #12 particularly impressive is how it maintains simplicity for users while handling incredible complexity behind the scenes. When your wallet processes an offer, it’s actually engaging in a sophisticated cryptographic dance with the recipient’s node.

The process starts when you scan an offer QR code. Your wallet extracts the recipient’s node information and initiates a connection using the encrypted transport protocol defined in BOLT #8. It then sends a specially formatted request for an invoice, including details about how much you want to pay and any additional information required by the offer.

The recipient’s node validates your request, generates a fresh BOLT #11 invoice specifically for your payment, and sends it back to your wallet. Your wallet then processes this invoice and completes the payment using the standard Lightning routing protocols. The entire process typically takes a few seconds, but it involves multiple round-trips between nodes and several cryptographic operations.

This two-step process – request invoice, then pay invoice – might seem unnecessarily complex, but it elegantly solves problems that plagued earlier Lightning payment systems. It prevents invoice reuse attacks, enables advanced privacy features, and allows for much more flexible payment scenarios.

The Merchant Revolution: From Invoices to Commerce

The evolution from BOLT #11

@ b1ddb4d7:471244e7

“Not your keys, not your coins” isn’t a slogan—it’s a survival mantra in the age of digital sovereignty.

The seismic collapses of Mt. Gox (2014) and FTX (2022) weren’t anomalies; they were wake-up calls. When $8.7 billion in customer funds vanished with FTX, it exposed the fatal flaw of third-party custody: your bitcoin is only as secure as your custodian’s weakest link.

Yet today, As of early 2025, analysts estimate that between 2.3 million and 3.7 million Bitcoins are permanently lost, representing approximately 11–18% of bitcoin’s fixed maximum supply of 21 million coins, with some reports suggesting losses as high as 4 million BTC. This paradox reveals a critical truth: self-custody isn’t just preferable—it’s essential—but it must be done right.

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

• Rehypothecation Risk: Most platforms lend your bitcoin for yield generation. When Celsius collapsed, users discovered their “held” bitcoin was loaned out in risky strategies.
• Account Freezes: Regulatory actions can lock withdrawals overnight. In 2023, Binance suspended dollar withdrawals for U.S. users citing “partner bank issues,” trapping funds for weeks.
• Data Vulnerability: KYC requirements create honeypots for hackers. The 2024 Ledger breach exposed 270,000 users’ personal data despite hardware security.

True Self-Custody
Self-custody means exclusively controlling your private keys—the cryptographic strings that prove bitcoin ownership. Unlike banks or exchanges, self-custody eliminates:

• Counterparty risk (no FTX-style implosions)
• Censorship (no blocked transactions)
• Inflationary theft (no fractional reserve lending)

Conquering the Three Great Fears of Self-Custody

Fear 1: “I’ll Lose Everything If I Make a Mistake”

Reality: Human error is manageable with robust systems:

• Test Transactions: Always send a micro-amount (0.00001 BTC) before large transfers. Verify receipt AND ability to send back.
• Multi-Backup Protocol: Store seed phrases on fireproof/waterproof steel plates (not paper!). Distribute copies geographically—one in a home safe, another with trusted family 100+ miles away.
• SLIP39 Sharding: Split your seed into fragments requiring 3-of-5 shards to reconstruct. No single point of failure.

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

• Hardware Wallets: Devices like Bitkey or Ledger keep keys in “cold storage”—isolated from internet-connected devices. Transactions require physical confirmation.
• Multisig Vaults: Bitvault’s multi-sig system requires attackers compromise multiple locations/devices simultaneously. Even losing two keys won’t forfeit funds.
• Air-Gapped Verification: Use dedicated offline devices for wallet setup. Never type seeds on internet-connected machines.

Fear 3: “My Family Can’t Access It If I Die”

Reality: Inheritance is solvable:

• Dead Man Switches: Bitwarden’s emergency access allows trusted contacts to retrieve encrypted keys after a pre-set waiting period (e.g., 30 days).
• Inheritance Protocols: Bitkey’s inheritance solution shares decryption keys via designated beneficiaries’ emails. Requires multiple approvals to prevent abuse.
• Public Key Registries: Share wallet XPUBs (not private keys!) with heirs. They can monitor balances but not spend, ensuring transparency without risk.

The Freedom Dividend

1. Censorship Resistance: Send $10M BTC to a Wikileaks wallet without Visa/Mastercard blocking it.
2. Privacy Preservation: Avoid KYC surveillance—non-custodial wallets like Flash require zero ID verification.
3. Protocol Access: Participate in bitcoin-native innovations (Lightning Network, DLCs) only possible with self-custodied keys.
4. Black Swan Immunity: When Cyprus-style bank bailins happen, your bitcoin remains untouched in your vault.

The Sovereign’s Checklist

1. Withdraw from Exchanges: Move all BTC > $1,000 to self-custody immediately.
2. Buy Hardware Wallet: Purchase DIRECTLY from manufacturer (no Amazon!) to avoid supply-chain tampering.
3. Generate Seed OFFLINE: Use air-gapped device, write phrase on steel—never digitally.
4. Test Recovery: Delete wallet, restore from seed before funding.
5. Implement Multisig: For > $75k, use Bitvault for 2-of-3 multi-sig setup.
6. Create Inheritance Plan: Share XPUBs/SLIP39 shards with heirs + legal documents.

“Self-custody isn’t about avoiding risk—it’s about transferring risk from opaque institutions to transparent, controllable systems you design.”

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

• MPC Wallets: Services like Xapo Bank shatter keys into encrypted fragments distributed globally. No single device holds full keys, defeating physical theft.
• Social Recovery: Ethically designed networks (e.g., Bitkey) let trusted contacts restore access without custodial control.
• Biometric Assurance: Fingerprint reset protocols prevent lockouts from physical injuries.

Lost keys = lost bitcoin. But consider the alternative: entrusting your life savings to entities with proven 8% annual failure rates among exchanges. Self-custody shifts responsibility from hoping institutions won’t fail to knowing your system can’t fail without your consent.

Take action today: Move one coin. Test one recovery. Share one xpub. The path to unchained wealth begins with a single satoshi under your control.

@ de7306de:1ea53f87

Être « de gauche » ?

Essai pour une (re)définition transversale des concepts « gauche » et « droite »

Introduction

Il y a toujours deux niveaux. Le premier est celui sur lequel on s’appuie quand on se dit « de gauche » : c’est le niveau du discours, des bonnes intentions, des objectifs ou des revendications bien rationnelles, des belles valeurs, des symboles, des vérités chéries, etc. Puis il y a l’autre niveau, moins conscient, voire inconscient, qui fait que l’on va finir par réagir d’une certaine manière, parfois, souvent, en contradiction avec le premier niveau. Ce n’est pas, par exemple, parce qu’on n’aime pas la jalousie ou le pouvoir qu’on ne va pas se sentir jalouses ou qu’on ne va pas, parfois, prendre du plaisir dans certaines dynamiques de pouvoir. Combien de fois nous sommes-nous retrouvées frustrées de voir à quel point la réalité de nos actions se déroule en totale contradiction avec nos intentions ? Et ce, dans tous les domaines de la vie : intime, amoureuse, amicale, professionnelle, militante, etc. C’est-à-dire que nous pouvons être très « de gauche » au niveau des intentions, mais réactionnaires, voire fascistes, au niveau des pratiques. C’est donc ce deuxième niveau, dominé non pas par la raison, les concepts, les manifestes ou les bonnes intentions, mais par le monde inconscient, ses flux et ses mécanismes, auquel nous allons nous intéresser, car c’est bien là que la question se joue. Nous proposons donc un ensemble de prismes (Δ), sans aucune prétention totalisante, pour contribuer à une (ré)définition collective des concepts de gauche et de droite.

1er prisme Δ

Sensibilités et compétences

S e n s i b i l i t é :

propriété / aptitude d’une matière, d’un organe, d’un corps à réagir aux stimuli externes ou internes.

Le mot sensibilité vient de sens. Les sens captent. On peut réagir seulement aux stimuli/informations que l’on capte – inutile de forcer un aveugle à voir, un sourd à entendre. Les yeux captent la lumière, les tympans captent des ondes/vibrations. Or, il ne suffit pas d’avoir de bons yeux et de bonnes oreilles pour capter, par exemple, l’injustice dans notre entourage. Il nous faut quelque chose de plus. Quelque chose d’autre que nos sens physiologiques est à l’œuvre dans nos esprits lorsqu’on capte une injustice. Comme s’il y avait un autre type de sens. Si les sens physiologiques captent les informations physiques (lumière, vibration, température, distance, etc.), cet autre type de sens capte les informations sociales (quelle est ma place dans la meute, quand est-ce mon tour de manger, quel territoire m’est attribué ? etc.). Si, pour les sens physiologiques, des récepteurs chimiques et des terminaisons nerveuses sont à l’œuvre, pour cet autre type de sens, il s’agit plutôt de programmes, de « logiciels », un peu comme les applications de nos téléphones portables ou de nos ordinateurs. Il y a donc des « logiciels » qui nous permettent de capter les injustices, les violences, les oppressions, les signes de souffrance, de maladie, de dépression, de névrose ou de psychose, etc. Inutile de forcer un aveugle à voir, inutile de forcer quelqu’un qui n’aurait pas les bons logiciels à capter une injustice, une violence, une oppression. Il ne s’agit donc pas de vouloir ou de décider de capter ces situations ou ces phénomènes sociaux, il s’agit d’avoir, de cultiver les « bons logiciels ». Voilà donc ce à quoi nous nous référons quand on parle de sensibilités. Être de gauche donc, selon ce prisme, n’est pas tellement une décision, un vouloir ou une sorte d’identité autoproclamée que l’on pourrait rajouter facilement dans nos CV, afficher sur nos réseaux sociaux ou sur nos applis de rencontre, montrer avec nos t-shirts du Che Guevara, avec nos chants anarchistes ou nos quelques actions, non, non, non. Être de gauche = être sensible. Multi-sensible, pluri-sensible. Mais sensible à quoi ? À une diversité de phénomènes concernant le mental, le social et l’environnemental – et spécialement à leur intrication. Être de gauche implique donc avoir cultivé dans nos esprits une multiplicité de sensibilités : des sensibilités psychologiques, sociologiques, anthropologiques, écologiques… De ce point de vue, être de gauche n’est pas un discours, une mode, une décision, une envie, c’est du travail ! Car cette multiplicité de sensibilités, nous ne la cultivons pas par défaut socialement, culturellement – la société industrielle, capitaliste qui nous a façonnés, n’a surtout pas besoin d’esprits pluri-sensibles. Nous sommes obligés donc, si nous voulons cultiver ces sensibilités, de nager à contre-courant, de lutter contre le cadrage et la parcellisation propres à nos sociétés modernes, consistant à produire de petits soldats, de petits robots, de petites machines spécialisées, chacune dans son champ spécifique, et ce pour servir à qui ? Surtout pas à nous-mêmes, que ce soit individuellement ou collectivement. Nous voyons bien que ce n’est pas une mince affaire d’« être de gauche ». Quelque part, personne n’est de gauche, puisque personne n’est en mesure, prenant en compte la façon dont notre culture produit des sujets, d’avoir tout cet éventail de sensibilités. Pour mieux nuancer la question, nous sommes obligés de laisser de côté les lunettes de l’être, car elles nous contraignent à aborder le sujet de façon binaire : être ou ne pas être, soit tu es de gauche, soit tu ne l’es pas. On voit très bien que nous pouvons être sensibles par rapport à un sujet, à une situation ou à un domaine spécifique et, en même temps, très insensibles par rapport à d’autres sujets, situations ou domaines. Oui, cela veut dire que nous sommes de gauche et aussi, en même temps, de droite (insensibles) selon les endroits que l’on observe en nous, dans diverses situations et contextes. Il ne suffit pas d’« être marxistes » ou d’« être anarchistes » pour ne pas devenir des grands ou des petits tyrans, des grands ou des petits colons, des sexistes, des racistes, des oppresseurs des minorités, des validistes, des violents, des agresseurs, que ce soit au niveau collectif ou sur un niveau plus personnel, plus intime. De droite et de gauche, en même temps ? Quelle idée ! C’est que « être de gauche » est une expression trop rigide. Il convient donc d’analyser la question en termes de devenir : si l’être est un état donné, une pierre, le devenir représente toujours le mouvement, le fleuve et ses tourbillons. Nous serions très prétentieux, très arrogants ou très naïfs, si nous disions que nous sommes de gauche. En revanche, nous pouvons dire sans aucune prétention que nous sommes dans un devenir de gauche, dans la mesure où l’on cultive les sensibilités diverses. Nous avons dit qu’être de gauche veut dire être multi-sensible ; que nous ne pouvons pas vraiment être de gauche, car malgré le fait que l’on soit sensibles à certains sujets ou situations, nous sommes forcément insensibles par rapport à d’autres sujets et à d’autres situations, car victimes de l’industrie et de son culte des œillères ; que nous sommes en même temps de gauche et de droite, selon les endroits que l’on observe en nous dans une situation donnée, dans un contexte donné ; que le prisme du devenir est plus adapté que les lunettes de l’être, et qu’au lieu de dire « je suis de gauche », il est plus précis de dire « je suis dans un devenir ‘de gauche’ ».

Compétences ?

Nous avons, jusqu’à maintenant, abordé la question de la gauche en ce qui concerne les sensibilités, c’est-à-dire la captation des signes ou des informations concernant le mental, le social et l’environnemental. Mais suffit-il d’être sensible, même multi-sensible ? Combien de fois avons-nous capté des injustices, des conflits et toutes sortes de problèmes par rapport auxquels nous n’avons rien pu faire ? Nous pouvons être très sensibles et en même temps nous sentir très impuissants. Il y a donc deux choses qui seraient précieuses pour la gauche selon ce prisme : la captation et l’action, les sensibilités et les pratiques. Pour faire ou pratiquer, il faut pouvoir faire, être capable, compétent. Faire un bon discours, gérer un conflit, établir des relations de façon saine, produire autrement, consommer autrement, gérer la propriété autrement, apprendre à prendre soin et à nous soigner, apprendre à soutenir des personnes, déconstruire nos vieux logiciels, expérimenter et trouver les modes d’organisation les plus adaptés, articuler les différents terrains d’action politique (macro, micro et infra-personnel), devenir souples et ouverts au monde, à l’altérité, etc. Tout cela requiert à la fois des sensibilités et des compétences très concrètes, précisément celles que la société néglige, que notre culture ne cultive pas. Dans la gauche au sens traditionnel, y compris ladite « extrême gauche » ou « gauche radicale », prenons-nous au sérieux cette question ? Sommes-nous en train de cultiver cette multiplicité de sensibilités et de compétences ?

Et la droite, c’est quoi ?

Nous avions jusqu’à maintenant utilisé ce prisme pour définir la gauche comme sensible, comme multi-sensible. Comment faire alors sens de la droite ? Est-ce l’insensibilité qui la définit ? Les personnes plus à droite sont-elles insensibles ? Nous avions défini la sensibilité comme une sorte de logiciel nous permettant de capter et de réagir à un stimulus, à une information, à une situation donnée. L’acte raciste, classiste, sexiste, n’est-il pas nécessairement la conséquence d’un type de sensibilité, selon notre définition ? Sensibilité par rapport à l’« invasion » de la part des étrangers, au « grand remplacement », aux « déviances » sexuelles ou de genre, à l’« hystérie » des femmes, à l’« insolence » des travailleurs, etc. Nous pourrions dire que la droite est aussi sensible, et même multi-sensible ! Ce constat fait-il effondrer notre propos ? Ou est-ce qu’il y aurait des « bonnes » et des « mauvaises » sensibilités ? Les sensibilités, expliquent-elles vraiment le clivage gauche-droite ? Nous considérons qu’au contraire, notre propos tient très bien. Pour nous, la droite s’explique en termes d’insensibilité et aussi en termes de sensibilité. D’abord d’insensibilité, car la droite est insensible à une diversité de phénomènes, à un ensemble d’injustices, de violences et d’oppressions, et en même temps, elle se définit par un ensemble de sensibilités que nous pourrions qualifier d’inadaptées. Il y aurait donc des sensibilités adaptées et des sensibilités inadaptées selon la situation, selon le contexte. Mais adaptées ou inadaptées selon quels critères, selon quelle science ou quelle philosophie ? Qualifier une sensibilité, un logiciel d’inadapté, n’est-il pas trancher de façon complètement arbitraire dans l’amoralité du cosmos ? Ce problème philosophique n’est pas facile à résoudre sans invoquer une justice divine, un évangile religieux ou un évangile militant. Or, il y a une chose, pour nous la seule, qui tranche la question malgré nous, en dépit de nous, au-delà de nous, en deçà de nous, autour de nous, à travers nous. C’est la vie elle-même, ou plus précisément l’écologie. Tout système « vivant », y compris les rapports sociaux, obéit à des « principes » écologiques : si on ne boit pas assez d’eau, on finit par mourir ; si nous refoulons des émotions, des pulsions vitales, nous serons condamnés à être névrosés, malades ; si nous colonisons un peuple et si, lorsque ce peuple se défend, nous le réprimons violemment, une partie de ce peuple cherchera à se défendre d’une façon plus violente, et si notre réponse à une telle « radicalisation » est de fusiller ou de bombarder les « radicaux », les « terroristes », alors au lieu de diminuer la « menace terroriste » qui nous fait peur, nous sommes en train de la nourrir, le paradoxe étant que c’est nous, avec le premier acte de colonisation, qui l’avons provoquée. Ces trois exemples représentent des réalités, des déterminations écologiques qui n’ont rien à voir avec nos croyances, nos valeurs, nos idéologies, nos symboles. Nous pouvons identifier de mieux en mieux quand un écosystème comme une forêt est perturbé, troublé, malade ou menacé de mort. C’est l’interrelation de fonctions en équilibre(s) qui fait forêt. Tout ce qui perturbe, trouble ou menace ces équilibres est considéré comme toxique, comme nocif, comme maladif. Cela semble évident pour la forêt, or nous devons souligner que l’esprit humain ainsi que les sociétés humaines obéissent aux mêmes types de déterminations écologiques. Ces déterminations sont elles-mêmes déterminées par la singularité de chaque écosystème : il y a des forêts qui ont moins besoin d’eau, de chaleur et de lumière que d’autres, c’est d’ailleurs ce qui différencie la forêt de la jungle. Et il y a aussi des déterminations qui s’appliquent dans toute forêt, dans toute jungle : si les bactéries qui captent l’azote de l’air (N≡N – non assimilable) et qui le fixent dans le sol sous forme d’ammoniac, nitrites et nitrates (·NH3, ·NO2, ·NO3 - assimilables) disparaissent, alors n’importe quelle forêt ou jungle serait condamnée à une mort subite/rapide, car ces bactéries représentent la source d’azote pour la quasi-totalité des êtres vivants, l’azote faisant partie essentielle de l’ADN, leur absence serait fatale – pas d’azote assimilable, pas de vie. Nous considérons que ce sont ces déterminations, générales et singulières, dans chaque registre écologique et dans leur intrication – mental, social et environnemental – qui détermineront les sensibilités adaptées ou inadaptées dans un moment, une situation, un contexte, un territoire donné. Nous pouvons dire alors que les sensibilités de la gauche, ce sont des sensibilités seulement par rapport aux / concernant les trois registres écologiques dans leur intrication, tandis que la droite est précisément insensible aux rapports écologiques, à l’écologie dans ce sens large, et sensible ou hyper-sensible par rapport à ce qui fait inconsciemment peur, à ce qui menace leurs territoires existentiels, et plus précisément leurs points d’accrochage (deuxième Δ), autour desquels ces territoires ont été constitués / formés.

Gauche = sensibilités et compétences qui œuvrent dans le sens écologique – Écosophique : articulation transversale de trois registres écologiques – mental, social et environnemental.

Droite = sensibilités et compétences qui œuvrent dans un sens non-écologique, anti-écologique, écocide.

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• The latest firmware updates for COLDCARD devices introduce two major features: COLDCARD Co-sign (CCC) and Key Teleport between two COLDCARD Q devices using QR codes and/or NFC with a website.

What's new

• COLDCARD Co-Sign: When CCC is enabled, a second seed called the Spending Policy Key (Key C) is added to the device. This seed works with the device's Main Seed and one or more additional XPUBs (Backup Keys) to form 2-of-N multisig wallets.
  • The spending policy functions like a hardware security module (HSM), enforcing rules such as magnitude and velocity limits, address whitelisting, and 2FA authentication to protect funds while maintaining flexibility and control, and is enforced each time the Spending Policy Key is used for signing.
  • When spending conditions are met, the COLDCARD signs the partially signed bitcoin transaction (PSBT) with the Main Seed and Spending Policy Key for fund access. Once configured, the Spending Policy Key is required to view or change the policy, and violations are denied without explanation.

"You can override the spending policy at any time by signing with either a Backup Key and the Main Seed or two Backup Keys, depending on the number of keys (N) in the multisig."

• A step-by-step guide for setting up CCC is available here.

• Key Teleport for Q devices allows users to securely transfer sensitive data such as seed phrases (words, xprv), secure notes and passwords, and PSBTs for multisig. It uses QR codes or NFC, along with a helper website, to ensure reliable transmission, keeping your sensitive data protected throughout the process.

  • For more technical details, see the protocol spec.

"After you sign a multisig PSBT, you have option to “Key Teleport” the PSBT file to any one of the other signers in the wallet. We already have a shared pubkey with them, so the process is simple and does not require any action on their part in advance. Plus, starting in this firmware release, COLDCARD can finalize multisig transactions, so the last signer can publish the signed transaction via PushTX (NFC tap) to get it on the blockchain directly."

• Multisig transactions are finalized when sufficiently signed. It streamlines the use of PushTX with multisig wallets.
• Signing artifacts re-export to various media. Users are now provided with the capability to export signing products, like transactions or PSBTs, to alternative media rather than the original source. For example, if a PSBT is received through a QR code, it can be signed and saved onto an SD card if needed.
• Multisig export files are signed now. Public keys are encoded as P2PKH address for all multisg signature exports. Learn more about it here.
• NFC export usability upgrade: NFC keeps exporting until CANCEL/X is pressed.
• Added Bitcoin Safe option to Export Wallet.
• 10% performance improvement in USB upload speed for large files.
• Q: Always choose the biggest possible display size for QR.

Fixes

• Do not allow change Main PIN to same value already used as Trick PIN, even if Trick PIN is hidden.
• Fix stuck progress bar under Receiving... after a USB communications failure.
• Showing derivation path in Address Explorer for root key (m) showed double slash (//).
• Can restore developer backup with custom password other than 12 words format.
• Virtual Disk auto mode ignores already signed PSBTs (with “-signed” in file name).
• Virtual Disk auto mode stuck on “Reading…” screen sometimes.
• Finalization of foreign inputs from partial signatures. Thanks Christian Uebber!
• Temporary seed from COLDCARD backup failed to load stored multisig wallets.
• Destroy Seed also removes all Trick PINs from SE2.
• Lock Down Seed requires pressing confirm key (4) to execute.
• Q only: Only BBQr is allowed to export Coldcard, Core, and pretty descriptor.

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ d5c440ce:04726d89

Effektiv behandling af blodsprængninger kræver en professionel tilgang og de rette metoder. Hos Klinik Zenit tilbyder vi skånsomme og dokumenterede teknikker til at reducere synligheden af blodsprængninger i ansigt og på krop. Vores behandlinger tilpasses individuelt og udføres af erfarne specialister med fokus på sikkerhed og langvarige resultater. Få vejledning om hudpleje før og efter behandlingen for at opnå det bedste resultat. Kontakt Klinik Zenit for en professionel vurdering og behandlingsplan.

@ 8c29b321:4336aaa0

Community 🧑‍🤝‍🧑

• Did you see that the Designathon wrapped up? If not, take a peek at the previous newsletter.
• The community conducted research at Oslo Freedom Forum. Bitcoin and Nostr have the potential to provide privacy focussed financial and communication tools for activists. We'll publish findings publicly and host developer workshops to share the insights.
• BTC Prague is coming up from June 18 to 21. Meet up at the design track during dev/hack/day and around the general conference. The aforementioned activist research and Bitcoin Core App are two of the scheduled talks.
• We had an exploratory call about how Liana could implement Payjoins (recording).
• The price for Best Design at the Bitcoin 2025 hackathon, sponsored by the Bitcoin Design Foundation, went to Arcana Seed Lodge. Check out all the projects.
• For anyone in the US, help protect your right to transact freely via Save our Wallets. There’s a bill being discussed around protecting builders of non-custodial wallets and services.

Bitcoin design guide 🗺️

• The intro page to the Getting Started section got a rewrite. Does it read better and is it more informative now?
• The section for visual formatting of addresses was updated with a note about using fonts with clearly distinguishable characters.
• Find new t-shirt designs with bitcoin & design related taglines on the Design files page (Figma community file).
• Would you like to help create an online course around design for Plan₿ Network?
• AI knows the guide and can evaluate your design based on it. How else can we use AI?

Seeking feedback 🗣️👂

• Liana Wallet is interviewing bitcoiners around frustrations with self-custody.
• Yashraj is seeking feedback on UX challenges around Payjoin V2 (outline, Github, Stacker News).
• 0commons is a bitcoin-powered value-for-value marketplace for digital goods. Leave your feedback.
• Kelbs is looking for feedback on home screen designs for Sovrn.
• m1sterc001guy is looking for feedback on a Fedimint wallet prototype (repo).
• There is a lot of activity around bitcoin redenomination (BIP 177), removing the term satoshi as a unit. Join the conversation.

Wallet updates 👜

• An update on Cashu ecosystem developments in Q1 2025.
• Boardwalk Cash is an example for the redenomination of bitcoin units. A live example on how “1 Satoshi” can be displayed as “1 Bitcoin”.
• Wallet of Satoshi is going to release a non-custodial wallet and become available again in the US.
• Akron released a beta wallet with support for the Spaces protocol.
• Blockstream released a new wallet app.
• Sparrow made several accessibility improvements in the 2.2.0 release.

Conferences 📅

• Catch up with the recordings and hackathon winners of the BTC++ Austin conference.
• Watch presentations of the Bitcoin Presidio hackathon finalists.
• Find a more complete list of conferences here.

Opportunities 💡

• BRAIINS is looking for a content Lead.
• Apply to the Bitshala design fellowship.
• Cowbolt is looking for a designer.

Everything else 😀

• HRF is supporting another 22 projects with grants. Take a look.
• Happy Bitcoin Pizza Day!
• Check out Jason’s guide to bitcoin accessibility.
• View survey results around mobile wallet usage in Japan by Diamond Hands.
• The Second team published research around how the Ark network can complement Lightning infrastructure.
• Watch the Freedom Tech track presentations from the Oslo Freedom forum.
• Watch Daniel answer 21 questions in 21 minutes.
• Read Bitcoin testing is a ghost town by AVB (also part two).
• Saving Satoshi did a workshop at the Bitcoin Conference. Have you tried it?
• See the UX of paying for burgers at the US fast-food chain Steak’n Shake.
• A guidepr to Robosats, for private exchange of bitcoin.
• Hear about the latest on Fedimint in this podcast.
• Read about building inclusivity into every phase of a project.
• Check out the Global State of Crypto report by Gemini.

—

For more, visit the Bitcoin Design website and follow us.
This update is brought to you by Christoph & Mo. We’d love to hear your feedback.

@ 7460b7fd:4fc4e74b

TRX 与 Crypto 政治代理模型：从哈耶克到稳定币主权

Crypto 即政治：从“罪”与“犯”的隐喻谈主权分化

“加密货币即政治”并非危言耸听。在社会分类中，“违法”与“犯罪”是两个层次的概念：前者意味着契约或规则的违背，而后者则是在权力结构下对自由行动者的政治性压制。换言之，有些行为本身并无“原罪”，却因触犯统治者利益被贴上“犯罪”的标签。这正如法学中对自然犯（mala in se，如偷盗谋杀等天生有害的行为）和法定犯（mala prohibita，因立法禁令才成为犯罪的行为）的区分。当代货币体系中，国家对货币发行与流通的垄断，造就了主权货币与“非法货币”的二元对立。奥地利学派经济学家哈耶克早在《货币的非国家化》中就预言：如果允许私人发行货币与法币公开竞争，最终能保持购买力稳定的货币将胜出finance.sina.cn。哈耶克认为政府垄断发行的不稳定货币终将让位于更稳定的竞争货币finance.sina.cn——这一观点在加密时代愈发具有隐喻意义。

如今的 Crypto 网络即是主权的实验场。各国监管者对稳定币、链上资金流动和法币通道的管控，构成了对加密行动者的“违法/犯罪”判定。例如，使用未授权稳定币进行跨境转账、绕过资本管制，并不违反当事人之间的契约，却往往被视作违法甚或犯罪行为——原因无他，只因这挑战了既有的金融主权架构。现象学视角提醒我们，应透过现象看本质：当执法者将自由交易行为定性为“犯罪”，正是传统主权对新兴数字主权的压制。Crypto世界中，“合法”与“非法”的界线并非由道德决定，而是由谁掌握规则决定。这为理解 Crypto 生态内各阵营的主权分化提供了理论框架：哪个网络掌握了自主的规则制定权，哪个网络就赢得了主权话语权。

稳定币主权与 TRX：黑灰资金的草根网络

稳定币是当前加密领域主权争夺的核心工具。最典型者莫过于 USDT 等美元锚定币——它们由私人公司发行，却承载着超主权货币的野心。尤其在 Tron（波场）网络 上，USDT 展现出惊人的统治力。2025年4月，波场上的 USDT 流通量突破700亿美元，占全球 USDT 总发行量近一半finance.sina.com.cn。截至今年5月，波场TRON上流通的 USDT 数量已反超以太坊，成为全球最大的稳定币发行与结算网络coindesk.comcoindesk.com。这种格局绝非偶然——波场独特的资源冻结机制（用户可冻结TRX获取带宽/能量从而基本免费交易）降低了交易门槛，使得小额高频的资金流动极为廉价。这使 TRX 链天然成为草根资金的“结算主链”，承接了大量主流金融体系之外的资金需求。

更值得关注的是波场上的黑市/灰色地带资金流动。低费率、高效率和对审查相对宽松的特性，吸引了大量游走于监管边缘的资本选择TRX链作为避风港。据区块链分析公司 TRM Labs 报告，2024年全球非法加密交易中有超过一半发生在 Tron 网络上，金额高达260亿美元dlnews.comdlnews.com。这些非法活动包括与受制裁实体相关的转账、诈骗黑客资金洗白以及暗网交易等dlnews.com。不法分子之所以青睐波场，正是看中了其稳定币通道和低交易成本等优势dlnews.com。北韩黑客在2024年盗取的8亿美元加密资产，大部分在数小时内经由波场链上的USDT迅速转移dlnews.com。联合国的分析同样指出，波场网络上的 USDT 已成为东亚地区欺诈和洗钱者的“首选”工具dlnews.com。由此可见，波场实际上扮演着**“无照金融公路”的角色：那些被传统金融体系拒之门外、没有正规交易所资格的人，可以通过波场上的USDT完成跨境汇兑和大额交易。这种自下而上的草根主权**，在波场网络上得到了前所未有的市场化体现。

当然，“草根主权”的另一面是高风险和争议。Tether公司虽偶有配合监管冻结特定链上地址，但波场整体上对资金流向的管束远不如银行体系。这使其成为地下资金的温床，也令波场背负“黑钱温床”的骂名。然而，换个角度看，这正验证了那句箴言：革命者在暴政者眼中即是罪犯。波场承载的灰色资金，恰恰反映了主流权力视角下的“犯罪”，但对于使用这些渠道的普通人来说，这可能只是追寻金融自由和机会的务实选择。

孙宇晨的政治人格：主权代理人的崛起

如果说波场TRON成为“无声多数”的金融主权载体，那么其创始人孙宇晨则高调地扮演起了加密世界的政治代理人。一直以来，加密圈华人创业者往往秉持“闷声发财、远离政治”的生存哲学，然孙宇晨选择了截然不同的道路：主动以政治为剧本，塑造个人和项目的话语权。

首先，他直接介入了美国的政治舆论场。2024年底以来，孙宇晨高调参与前总统川普推出的加密项目：斥资数千万美元认购“Trump系列”代币，成为该项目最大公开投资人之一reuters.com。2025年5月，孙宇晨作为头号持币者出席了川普在弗吉尼亚高尔夫俱乐部举办的私宴，与川普同台亮相reuters.com。他不仅以约1.85亿美元等值的钱包额度夺得饭局“竞标”第一名，还受邀成为川普家族加密平台 World Liberty Financial 的顾问reuters.com。这场引发争议的晚宴上，孙宇晨西装革履出镜，高调宣示其政治立场。巧合的是，就在饭局前后，美国证券交易委员会（SEC）突然宣布暂停此前对孙宇晨提起的证券欺诈诉讼，理由是“基于公共利益”reuters.com。这一戏剧性转折不禁令人生疑：孙宇晨深谙政治筹码运作之道，懂得借助美国权力更迭的契机为自己谋得一张“豁免令”。他在X平台（推特）上感慨对邀请心怀感激reuters.com——无形中传达出与未来政治盟友结盟的信号。

其次，孙宇晨积极布局中立主权地区，塑造自身的国际政治身份。他早在2019年即移居新加坡，将波场基金会设立于此，以避开中国大陆的监管高压。更令人瞩目的是，2021年底孙宇晨受聘出任加勒比海国家格林纳达驻世贸组织代表，正式踏入外交圈aljazeera.comaljazeera.com。身为一名加密创业者，却摇身一变成为“孙大使”，这在币圈乃至政坛都属破天荒之举。孙宇晨对媒体直言，加密行业发展到了需要主权国家和国际组织正视其潜力的阶段，他将致力于让区块链获得更多国家的认可aljazeera.com。他特别提到加勒比国家具有成为“下一个新加坡”的潜力：“加勒比国家离美国很近，但又不在美国，这非常关键。在美国境内你会陷入严苛监管和税收，而在加勒比，你可以避开这些桎梏。”aljazeera.com。这番话道出了孙宇晨战略的精髓——借助小国中立地带实现进可攻退可守的布局：既贴近美国这样的核心市场获取影响力，又保持独立主权豁免于其监管范围。

再次，孙宇晨还在国际舆论和文化象征上进行政治表态：例如高调竞拍知名艺术品、与名人互动、甚至不避讳与政治敏感人物（如特朗普阵营）同台。reuters.com川普在活动上直言“拜登政府迫害了加密创新者，我们要把他们带回美国”，孙宇晨的出现无疑为这一论调背书。在国内外社交媒体上，他乐于以“搞事者”形象示人，时而炮轰监管不公，时而与监管机构周旋谈判。从购买巴菲特午餐到押注川普NFT，从宣布波场成为多米尼加共和国官方公链到在洪都拉斯建立加密公司，他一再突破华人企业家避讳政治的传统藩篱，塑造出一个敢于同各国势力斡旋的主权代言人形象。市场也给予了正向反馈：在2023-2025这一轮震荡周期中，TRX价格和生态韧性远超许多竞争对手；波场不仅未被监管风暴击沉，反而因其政治押注而收获新增用户和资金青睐（USDT市值占比的提升即是一例finance.sina.com.cn）。孙宇晨个人也凭借外交官身份游走于各国高层，增强了项目背书的公信力。

与孙宇晨类似，币安创始人赵长鹏（CZ）也体现了“Crypto政治代理人”的影子。作为另一位华人加密巨头，CZ深知监管博弈的重要：币安从中国出发，几经辗转注册地于马耳他、开曼等地，近年来又与迪拜、阿布扎比等中东监管方建立良好关系。尽管币安在美国也受到诉讼挑战，但CZ本人频繁出席各国峰会、主动配合调查、游说政策制定者，其全球公关布局使 BNB 等币安生态资产始终享有一定溢价。可以说，孙宇晨和CZ代表的“华人币”之所以在风雨飘摇的市场中幸存并趋强，正是因为他们扮演了超越技术层面的政治角色：当绝大多数项目埋头编码或躲避监管时，他们选择直面政治、影响政治。

技术乌托邦的失语：ETH、SOL、XRP、ADA 的失速

将波场TRX和币安BNB的经历与其他主流链对照，更能突显“政治代理机制”的缺失所带来的代价。以太坊（ETH）、Solana（SOL）、瑞波（XRP）、Cardano（ADA）等项目，各有辉煌的技术远景或社区共识，却在本轮周期里不同程度陷入了失语和失速状态，一个重要原因正是缺乏有效的政治代理。

• 以太坊：作为智能合约的开创者，以太坊一直醉心于技术迭代和去中心化理想。然而，面对现实世界的监管压力，以太坊社区显得相对被动甚至天真。2021年后，美国制裁“Tornado Cash”等事件使以太坊网络一度出现矿工/验证者自我审查（OFAC合规）的现象，凸显出去中心化网络在政治压力下的脆弱。以太坊基金会和维塔利克等核心人物选择回避直接介入政治角力，试图以技术中立自守。但结果是，在稳定币领域，以太坊逐渐让出优势：USDT更多地流向了“不问来路”的波场，而USDC这种受美国监管严格的稳定币虽然依赖以太坊，却因为监管风险屡屡遭遇增发受限、黑名单冻结等情况。这使得以太坊在**“金融主权承载”**方面的话语权削弱。没有政治代理人替以太坊发声，其技术优势难以转化为对抗监管的筹码。相反，我们看到SEC在近期诉讼中对ETH网开一面（未将ETH列为证券），某种程度上是因其高度依赖美国企业（如Coinbase、Circle）的合规运营——这并非政治胜利，而更像被纳入现有规则体系的被动选择。

• Solana、Cardano：这两条后起之秀公链，一个以极致性能著称，一个以学术范严谨著称。然而，他们在制度博弈上都缺乏存在感。2023年，美国SEC在对币安、Coinbase等交易所的诉讼中，点名将 SOL、ADA 等列为未经注册的证券，导致相关代币价格暴跌、机构退避cointelegraph.com。SOL和ADA团队自身并无强有力的政治资源予以反击：Solana团队更多精力放在修复网络停机和拓展应用上，对监管定性只能听天由命；Cardano的查尔斯·霍斯金森虽活跃社交媒体，但更多是科普技术和理念，对抗监管的实际影响力有限。当监管大棒挥下，这些专注技术的项目只能被动接受市场信心滑坡的现实。简言之，缺少政治代理等于缺少话语权——无论技术多优，没有人在权力场为你据理力争，你的话语权就只能拱手让人。

• 瑞波 XRP：作为对比，XRP的境遇更具讽刺意味。瑞波公司早早意识到监管的重要性，选择在美国走法律途径与SEC对簿公堂，试图以司法胜利换取地位合法。cointelegraph.com2023年中，瑞波在诉讼中部分胜诉，法院认定XRP本身不是证券，这看似是政治博弈的成果。然而，诉讼旷日持久耗费了瑞波数年的黄金发展期。期间XRP市场份额和舆论热度大不如前，新兴稳定币和跨境支付方案已趁虚而入。可以说，瑞波是少数走上前台直接对抗美国监管的项目，但孤军奋战终究力量有限：没有更广泛政治联盟支撑，胜利也难掩失地之痛。相比之下，孙宇晨选择的并非司法缠斗，而是迂回结盟，这种灵活的政治手腕或许更为有效。

归根结底，ETH、SOL、ADA 等在本轮周期的失速，提醒我们技术乌托邦需要现实政治护航。那些沉迷于宏大技术愿景却忽视政治策略的项目，往往在监管和资本博弈中败下阵来。反观TRX和BNB，一方面技术上并无颠覆性创新（波场VM几乎就是以太坊的变体，BNB Chain 也高度模仿以太架构），但却凭借政治上的主动赢得了市场认可——市值和生态逆势增长就是明证。

结论：主权表达的市场化工具

“从哈耶克到稳定币主权”，我们见证的是货币形态和政治形态的双重演进。哈耶克式的货币竞争思想在加密时代照进现实：私人发行的数字货币在与法定货币争夺稳定性和信任，而这一过程本质上就是主权的竞争与表达。加密货币从来都不仅是冷冰冰的技术产品，更是不断演化的主权表达的市场化工具。每一条公链、每一个代币，都在尝试承载某种主权意志：要么是传统国家主权的延伸（例如各国央行数字货币CBDC），要么是新兴数字共同体的自治主权，要么像USDT/波场这样，成为无国籍资本的影子主权。

TRX 的兴起充分说明，加密项目要取得长足发展，技术功能固然重要，但更关键的是充当“底层政治协调物”的能力。波场并没有因为VM设计优雅而胜出，而是因为它契合了特定政治经济环境下的市场需求：在强监管与资本外流并存的亚洲新兴市场，在美欧银行体系排斥的一角，波场提供了一个去中心化的政治避难所，让资本在不同主权之间自由穿行。aljazeera.com波场作为稳定币和博彩应用的主要载体，被贴上了“不受待见”的标签，但这正是另一种形式的民意表达。市场选择波场，并赋予TRX正溢价，正是对其他缺乏政治承载力项目的集体投票。

“Crypto 即政治”并非说技术不重要，而是强调技术的成败取决于其所嵌入的政治坐标。当ETH坚持代码法则时，TRX已经学会了在代码之上玩转权力棋局；当SOL醉心于极限TPS时，BNB已将自己融入全球离岸金融版图。展望未来，加密世界的竞争将更加赤裸地表现为主权影响力的竞争。谁能更好地平衡各方主权、充当不同利益的代理人，谁就能在市场中取得优势。这或许是加密运动发展至今给我们的最大的启示：去中心化的终点，并非消弭政治，而是重构政治。加密货币让更多人有机会参与主权的创造和表达，而TRX等“政治积极型”项目的案例则证明了，在市场的维度上，政治选择和市场选择早已融为一体。

参考资料：

• 哈耶克主张由私人发行货币与法币竞争finance.sina.cn

• 波场TRON上USDT流通量突破700亿美元，占全球近半finance.sina.com.cn

• TRON超越以太坊成最大USDT发行网络coindesk.comcoindesk.com

• 2024年约260亿美元非法资金经由波场转移，居各链之首dlnews.comdlnews.com

• 波场低费用和稳定币优势吸引大量黑灰产资金dlnews.com

• 孙宇晨高调参与特朗普家族加密项目，成为最大持币者之一reuters.com

• 美国SEC出于“公共利益”暂停对孙宇晨的诉讼reuters.com

• 孙宇晨出任格林纳达驻世贸组织代表，波场成加勒比官方合作链aljazeera.comaljazeera.com

• 孙宇晨称需让主权国家正视区块链潜力，将精力投向国家层面的推动aljazeera.com

• 美国SEC曾在诉讼中将SOL、ADA等列为未经注册证券，后放弃相关请求cointelegraph.com

@ 7f6db517:a4931eda

For years American bitcoin miners have argued for more efficient and free energy markets. It benefits everyone if our energy infrastructure is as efficient and robust as possible. Unfortunately, broken incentives have led to increased regulation throughout the sector, incentivizing less efficient energy sources such as solar and wind at the detriment of more efficient alternatives.

The result has been less reliable energy infrastructure for all Americans and increased energy costs across the board. This naturally has a direct impact on bitcoin miners: increased energy costs make them less competitive globally.

Bitcoin mining represents a global energy market that does not require permission to participate. Anyone can plug a mining computer into power and internet to get paid the current dynamic market price for their work in bitcoin. Using cellphone or satellite internet, these mines can be located anywhere in the world, sourcing the cheapest power available.

Absent of regulation, bitcoin mining naturally incentivizes the build out of highly efficient and robust energy infrastructure. Unfortunately that world does not exist and burdensome regulations remain the biggest threat for US based mining businesses. Jurisdictional arbitrage gives miners the option of moving to a friendlier country but that naturally comes with its own costs.

Enter AI. With the rapid development and release of AI tools comes the requirement of running massive datacenters for their models. Major tech companies are scrambling to secure machines, rack space, and cheap energy to run full suites of AI enabled tools and services. The most valuable and powerful tech companies in America have stumbled into an accidental alliance with bitcoin miners: THE NEED FOR CHEAP AND RELIABLE ENERGY.

Our government is corrupt. Money talks. These companies will push for energy freedom and it will greatly benefit us all.

---

Microsoft Cloud hiring to "implement global small modular reactor and microreactor" strategy to power data centers: https://www.datacenterdynamics.com/en/news/microsoft-cloud-hiring-to-implement-global-small-modular-reactor-and-microreactor-strategy-to-power-data-centers/

---

If you found this post helpful support my work with bitcoin.

@ 0b118e40:4edc09cb

The idea of Bitcoin as an internet native currency, and eventually a global one, is coming to life slowly. But historically, the idea of global currency has haunted the world’s financial imagination for nearly a century. 

From Keynes’s Bancor in 1944 to Zhou Xiaochuan’s post-crisis proposal in 2009 to today’s renewed debates, the idea resurfaces every time the global economy fractures. 

Could this time be different with Bitcoin? 

I decided to trace the idea of global currency through several decades and books. I may have missed some parts, so feel free to add. I’ll keep this brief and leave the books I’ve read below.

In the beginning

It all started on July 1, 1944. 730 delegates from 44 Allied nations, including major powers like the US, UK, Soviet Union, China, and France, gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire. They spent 2 weeks figuring out how the new international monetary and financial system would be, post WW2

After WW1, the treaty of Versailles was needed, but imposed harsh reparations that devastated economies and contributed to the rise of fascism, such as Hitler, Mussolini and gang. 

So when folks met up in 1944 (WW2 was almost ending), the goal was to prevent another Great Depression, another global conflict and build a stable global economic order. 

2 main proposals were discussed in Bretton Woods. 

1. John Maynard Keynes, representing the UK, proposed the creation of a global currency called Bancor. It will be issued through a global central bank known as the International Clearing Union (ICU).

2. Harry Dexter White, representing the US, promoted a dollar-based system. Countries would peg their currencies to the US. dollar backed by gold. He also led the creation of the IMF and the World Bank.

To understand how both of these proposals work, let's look at an example.

• Country A (Germany): Massive exporter

• Country B (USA): Massive importer

• Country C (Brazil): Balanced trade (imports = exports)

***Based on Dexter’s model and the current USD-based system, ***

Say Germany sells $1B worth of cars to the US. The US  pays in dollars, increasing its trade deficit. Germany accumulates dollars as reserves or buys the US Treasury bonds. Over time, the US continues running trade deficits, while Germany keeps hoarding dollars. Hence the  unsustainable debt of the US. 

***In Keynes’s Bancor system, ***

If Germany sells $1B worth of cars to the US, then the US does not pay in dollars. Instead, the ICU credits Germany with 1B Bancors and debits the US with -1B Bancors. 

The ICU police this. If Germany exceeds the surplus threshold, it pays interest or penalties to discourage hoarding. If the US exceeds its deficit threshold, it is warned to rebalance trade or face restrictions.

Here, Germany is incentivized to import more (e.g., from Brazil) or invest in global development. The US is encouraged to export more or reduce consumption. Brazil, with balanced trade, enjoys stability in Bancor flows and avoids pressure.

The idea behind Bancor was a zero-sum balancing act. No country could become “too big to fail” due to excessive deficits. But it was too complicated and idealistic in assuming every country could maintain balanced trade. 

Dexter on the other hand had a few tricks up his sleeve. In the end, Dexter’s USD dominance proposal was adopted. 

The Bretton Woods system established the US dollar as the central global currency 

Why did dollar dominance win over Bancor?

Simplicity often wins over complexity. But more so ICU felt too centralized, asking nations to surrender economic autonomy to a global body. That didn’t sit well in a post-war world where sovereignty was non-negotiable. That and idealist economic trade balance views. 

Dexter’s dollar-based system on the other hand wasn’t fair play at all. It was centralized and authoritarian in its design. 

So how did Dexter pull it off?

They had gold. They were ahead in economic recovery.

And they had nuclear weapons. 

At the time, the US held nearly 2/3 of the world’s gold reserves. It was a significant advantage in advocating for a gold-backed dollar as the bedrock of global trade. 

The US proposed a fixed gold peg at $35 per ounce.

From a broader geopolitical backdrop, the global population in 1944 was about 2.3 billion, a fraction of today’s 8 billion. The world was far less interconnected. The war had devastated Europe, Russia, and much of Asia. Infrastructure, economies, and entire cities were in ruins. The US, by contrast, had faced far fewer casualties and damages. Being geographically isolated, it had minimal domestic losses, around a tenth of what Europe suffered, and its economy was poised to rebuild faster. 

But gold dominance and economic recovery alone didn’t secure US financial dominance.

American scientific breakthroughs had already signaled global power. Physicists like Leo Szilard and Albert Einstein, who had fled Europe, helped develop nuclear weapons. Their intent was deterrence, not destruction. But once the bomb existed, it changed geopolitics overnight. The US had military dominance. And after Hiroshima and Nagasaki in 1945, it became the undisputed superpower. 

In the end, the USD won and the vision for neutral global currency faded. 

And 20 years passed on…

France sends its warship to the US

Under Bretton Woods, countries could exchange dollars for gold, but the US had been printing more dollars than it had gold to back it. And it used it to fund the costly Vietnam War and domestic programs like the Great Society under LBJ. 

Belgian-American economist Robert Triffin pointed out a fatal flaw in the Bretton Woods system that came to be known as the Triffin dilemma. 

• The world needed US dollars for liquidity and trade.

• But the more dollars the US pumped out, the less credible its gold promise became.

Yet the US kept promising that every dollar was still convertible to gold at $35 per ounce.

French President Charles de Gaulle saw this as financial imperialism. He called it the  “exorbitant privileged position”. The world had to pay for what they bought with the money they have, but not the US. 

So in 1965, France did something unexpected. It sent a warship to New York Harbor to physically retrieve French gold reserves held by the Federal Reserve. 

Would it have escalated to war? Maybe. But likely not. It was perhaps more of a diplomatic theatre and a sovereign flex. France was exercising its right under the Bretton Woods agreement to convert dollars into gold. But doing it with military formality was to send a signal to the world that they don’t trust the US system anymore.

It was one of the first major public blows to the dollar’s credibility. And France wasn’t alone. Other countries like West Germany and Switzerland followed suit, redeeming dollars for gold and draining US reserves.

The Nixon shock

Given they did not have enough gold, the IMF introduced Special Drawing Rights (SDRs) in 1969. SDRs were an international reserve asset, created to supplement gold and dollar reserves. Instead of relying solely on the US dollar, SDRs were based on a basket of major currencies (originally gold-backed but later diversified).

The idea was to reduce the world’s dependence on the dollar and avoid a liquidity crisis. But SDRs were a little too late and a little too weak to solve the underlying problem.

By 1971, the US could no longer sustain the illusion. President Nixon “closed the gold window,” suspending dollar convertibility to gold. 

The Bretton Woods collapsed and this marked the beginning of fiat money dominance.

The French pursuit

While France demanded justice in one corner of the world, the French franc, specifically the CFA franc, has been dominant in parts of Africa since 1945, long before 1971.

After WWII, France created two CFA franc zones:

• West Africa: Communauté Financière Africaine (XOF)

• Central Africa: Coopération Financière en Afrique Centrale (XAF)

These zones included 14 African countries, many of which were former French colonies. France maintained monetary control via currency convertibility guarantees and representation in African central banks. Till today it has influence over these country’s monetary policy.

Colonisation hasn't ended in some parts of the world. 

Did countries stop using the USD after the Nixon shock 1971?

Nope. The US dollar was no longer convertible to gold and it dismantled the fixed exchange rate system. But most countries did not stop using the USD as their dominant reserve or trade currency. There were no decent alternatives. Instead, they floated their currencies or maintained a soft peg to the dollar or a basket of currencies. 

The USD remained dominant in oil trade (OPEC priced oil in USD) - petrodollar deal, global debt markets and FX reserves (central banks kept holding USD). 

In 1997, when many Southeast Asian countries were still pegged to the USD, Soros claimed that SEA will tank. The US further increased its credit rates leading to capital flight and eventual tanking of these countries leading to Asian Financial Crisis '97. Many financial crisis has similar vibe.

The 1999 Euro launch

The idea of a shared currency appeared again, this time through the forms of Euro. It was a mandatory system for member states of the Eurozone, and came with centralized authority, the European Central Bank (ECB), which controlled monetary policy for all participating nations.

At first glance, the euro seemed like a win. It eliminated exchange rate fluctuations, making trade within the Eurozone smoother. It gave weaker economies access to lower borrowing costs and helped Europe establish itself as a financial heavyweight. Today, the euro is the second most-used reserve currency after the US dollar.

But it came at a cost. Countries that adopted the euro lost monetary sovereignty and could no longer print their own money or adjust interest rates to respond to local crises. This became painfully clear during Greece’s debt crisis, where strict monetary policies prevented the country from devaluing its currency to recover. The one-size-fits-all approach meant that economies as different as Germany and Greece had to follow the same rules, often to the detriment of weaker nations. Debt-ridden countries like Italy and Spain were forced into harsh austerity measures because they could not manipulate their currency to ease financial strain. Meanwhile, richer nations like Germany and the Netherlands felt they were unfairly propping up struggling economies, creating political tension across the EU.

In recent years, the euro has faced pressure from global trade tensions, monetary tightening, and geopolitical instability contributing to market volatility and periodic depreciation against other major currencies.

The Bretton Woods 2.0

Believe it or not, after all that, there was a call for Bretton Woods 2.0. Yet another global currency dream.

When the housing market collapsed in 2008 followed by a series of domino effects, global banks froze lending, economies contracted, and panic set in. The crisis exposed how fragile the international financial system had become as it was overly reliant on debt, under-regulated, and centered around the US dollar.

Many countries, especially in the Global South and emerging markets, started to question whether a system built around a single national currency was sustainable. 

China, for instance, had been holding huge amounts of US debt while the US printed more dollars through bailouts and quantitative easing. This created global imbalances as exporting nations were lending money to the US to keep the system running, while taking on the risk of dollar depreciation. 

In 2009, China’s central bank openly proposed replacing the US dollar with a neutral global reserve currency suggesting SDRs (Special Drawing Rights) issued by the IMF instead.

These concerns led to a wave of calls from world leaders for a “Bretton Woods 2.0” ,  a modern rethinking of the post-WWII economic order. At G20 summits in London in 2009, countries like France, China, and Russia pushed for reforms in global financial institutions and more balanced power sharing. 

In the end, the IMF received more funding, and some banking regulations were tightened in the years after. But no real overhaul happened. No surprise there? The dollar remained dominant. 

The foundation of the global economy didn’t change, even though trust in it had been deeply shaken.

The growth of BRICS

In 2023, Brazil, Russia, India, China, and South Africa began discussing the idea of a shared currency or alternative mechanism to reduce the dependence on USD ie de-dollarisation. The sanctions on Russia didn't help. After Russia’s invasion of Ukraine, the US and its allies froze Russia’s dollar reserves and cut it off from SWIFT, the “backbone of global banking communication”. This made one thing clear. If you fall out with Washington, your access to the global economy can vanish overnight.

China’s growing economic power also gave it more leverage to process alternative options. It would trade in Yuan with Russia and Iran.

I know many still say it's at its early stage, but I see many countries hedging their bets quietly and aligning with Putin and Xi. It became more obvious after US imposed tariffs on multiple nations, signaling that economic tools can double as political weapons. The world’s second financial system is slowly forming.

What is the world looking for, for the last century ?

A global currency that is 

1. Simple 

2. Free from dominant power 

3. Decentralised

4. Borderless

5. Scarce 

6. Transparent 

7. Inclusive, with self custody

8. Resilient in crisis 

9. Built for individual financial sovereignty

10. A new backbone for global finance, owned by no one

It doesn’t matter where you’re from, what politics you believe in, or how your economy leans. The answer keeps pointing in the same direction:

Bitcoin

This is the first true global currency.

And it’s just there 

Waiting...

.

.

.

---

Some books that might interest you :

1. The Battle of Bretton Woods by Benn Steil

2. Goodbye, Great Britain by Kathleen Burk and Alec Cairncross

3. The Ghost of Bancor by Tommaso Padoa-Schioppa

4. Confessions of an Economic Hitman by John Perkins

5. The Blood Bankers by James S. Henry

@ dfa02707:41ca50e3

News

• Bitcoin mining centralization in 2025. According to a blog post by b10c, Bitcoin mining was at its most decentralized in May 2017, with another favorable period from 2019 to 2022. However, starting in 2023, mining has become increasingly centralized, particularly due to the influence of large pools like Foundry and the use of proxy pooling by entities such as AntPool.

Source: b10c's blog.

• OpenSats announces the eleventh wave of Nostr grants. The five projects in this wave are the mobile live-streaming app Swae, the Nostr-over-ham-radio project HAMSTR, Vertex—a Web-of-Trust (WOT) service for Nostr developers, Nostr Double Ratchet for end-to-end encrypted messaging, and the Nostr Game Engine for building games and applications integrated with the Nostr ecosystem.
• New Spiral grantee: l0rinc. In February 2024, l0rinc transitioned to full-time work on Bitcoin Core. His efforts focus on performance benchmarking and optimizations, enhancing code quality, conducting code reviews, reducing block download times, optimizing memory usage, and refactoring code.
• Project Eleven offers 1 BTC to break Bitcoin's cryptography with a quantum computer. The quantum computing research organization has introduced the Q-Day Prize, a global challenge that offers 1 BTC to the first team capable of breaking an elliptic curve cryptographic (ECC) key using Shor’s algorithm on a quantum computer. The prize will be awarded to the first team to successfully accomplish this breakthrough by April 5, 2026.
• Unchained has launched the Bitcoin Legacy Project. The initiative seeks to advance the Bitcoin ecosystem through a bitcoin-native donor-advised fund platform (DAF), investments in community hubs, support for education and open-source development, and a commitment to long-term sustainability with transparent annual reporting.
  • In its first year, the program will provide support to Bitcoin hubs in Nashville, Austin, and Denver.
  • Support also includes $50,000 to the Bitcoin Policy Institute, a $150,000 commitment at the University of Austin, and up to $250,000 in research grants through the Bitcoin Scholars program.

"Unchained will match grants 1:1 made to partner organizations who support Bitcoin Core development when made through the Unchained-powered bitcoin DAF, up to 1 BTC," was stated in a blog post.

• Block launched open-source tools for Bitcoin treasury management. These include a dashboard for managing corporate bitcoin holdings and provides a real-time BTC-to-USD price quote API, released as part of the Block Open Source initiative. The company’s own instance of the bitcoin holdings dashboard is available here.

Source: block.xyz

• Bull Bitcoin expands to Mexico, enabling anyone in the country to receive pesos from anywhere in the world straight from a Bitcoin wallet. Additionally, users can now buy Bitcoin with a Mexican bank account.

"Bull Bitcoin strongly believes in Bitcoin’s economic potential in Mexico, not only for international remittances and tourism, but also for Mexican individuals and companies to reclaim their financial sovereignty and protect their wealth from inflation and the fragility of traditional financial markets," said Francis Pouliot, Founder and CEO of Bull Bitcoin.

• Corporate bitcoin holdings hit a record high in Q1 2025. According to Bitwise, public companies' adoption of Bitcoin has hit an all-time high. In Q1 2025, these firms collectively hold over 688,000 BTC, marking a 16.11% increase from the previous quarter. This amount represents 3.28% of Bitcoin's fixed 21 million supply.

Source: Bitwise.

• The Bitcoin Bond Company for institutions has launched with the aim of acquiring $1 trillion in Bitcoin over 21 years. It utilizes secure, transparent, and compliant bond-like products backed by Bitcoin.
• The U.S. Senate confirmed Paul Atkins as Chair of the Securities and Exchange Commission (SEC). At his confirmation hearing, Atkins emphasized the need for a clear framework for digital assets. He aims to collaborate with the CFTC and Congress to address jurisdiction and rulemaking gaps, aligning with the Trump administration's goal to position the U.S. as a leader in Bitcoin and blockchain finance.
• Ethereum developer Virgil Griffith has been released from custody. Griffith, whose sentence was reduced to 56 months, is now seeking a pardon. He was initially sentenced to 63 months for allegedly violating international sanctions laws by providing technical advice on using cryptocurrencies and blockchain technology to evade sanctions during a presentation titled 'Blockchains for Peace' in North Korea.
• No-KYC exchange eXch to close down under money laundering scrutiny. The privacy-focused cryptocurrency trading platform said it will cease operations on May 1. This decision follows allegations that the platform was used by North Korea's Lazarus Group for money laundering. eXch revealed it is the subject of an active "transatlantic operation" aimed at shutting down the platform and prosecuting its team for "money laundering and terrorism."
• Blockstream combats ESP32 FUD concerning Jade signers. The company stated that after reviewing the vulnerability disclosed in early March, Jade was found to be secure. Espressif Systems, the designer of the ESP32, has since clarified that the "undocumented commands" do not constitute a "backdoor."

• Bank of America is lobbying for regulations that favor banks over tech firms in stablecoin issuance. The bank's CEO Brian Moynihan is working with groups such as the American Bankers Association to advance the issuance of a fully reserved, 1:1 backed "Bank of America coin." If successful, this could limit stablecoin efforts by non-banks like Tether, Circle, and others, reports The Block.
• Tether to back OCEAN Pool with its hashrate. "As a company committed to financial freedom and open access, we see supporting decentralization in Bitcoin mining as essential to the network’s long-term integrity," said Tether CEO Paolo Ardoino.
• Bitdeer to expand its self-mining operations to navigate tariffs. The Singapore-based mining company is advancing plans to produce machines in the U.S. while reducing its mining hardware sales. This response is in light of increasing uncertainties related to U.S. trade policy, as reported by Bloomberg.
• Tether acquires $32M in Bitdeer shares. The firm has boosted its investment in Bitdeer during a wider market sell-off, with purchases in early to mid-April amounting to about $32 million, regulatory filings reveal.
• US Bitcoin miner manufacturer Auradine has raised $153 million in a Series C funding round as it expands into AI infrastructure. The round was led by StepStone Group and included participation from Maverick Silicon, Premji Invest, Samsung Catalyst Fund, Qualcomm Ventures, Mayfield, MARA Holdings, GSBackers, and other existing investors. The firm raised to over $300 million since its inception in 2022.
• Voltage has partnered with BitGo to [enable](https://www.voltage.cloud/blog/bitgo-and-voltage-team-up-to-deliver-instant-bitcoin-and-stabl

@ 8bad92c3:ca714aa5

Another week of conversations with sharp minds thinking about Bitcoin's future and the broader economic landscape. Here are the three most compelling predictions from recent episodes.

Bitcoin Core Will Face a Major Governance Crisis Over Covenant Proposals in 2025 - James O'Beirne

James made a prediction that sent chills through the Bitcoin development community - he believes Bitcoin Core's current governance structure will reach a breaking point this year over covenant proposals like CTV. After working as a Core developer for nearly a decade, he's convinced that the organization's inability to make progress on scaling solutions will force alternative implementations.

His timeline is specific and urgent. James believes that if Core doesn't show "substantive review discussion about how we get this stuff in" within six months, credible developers will start building alternate activation clients. The technical argument is compelling: covenants like CheckTemplateVerify have been thoroughly reviewed for seven years, with a 5 BTC bounty (worth over $500,000) still unclaimed for finding material bugs.

The stakes couldn't be higher for Bitcoin's future. James noted that currently "just over two and a half percent of Americans would be able to, on a monthly basis, buy Bitcoin on an exchange, withdraw it to self-custody, and then maybe make a spend." Without scaling solutions, this number won't improve meaningfully. His prediction reflects growing frustration with Core's de facto monopoly over protocol development. "You simply can't ignore that there is a social reality to being in that world," he said, referring to the concentrated funding and decision-making power that has created what he sees as an unsustainable bottleneck for Bitcoin's evolution.

The U.S. Will See Widespread Energy Blackouts as AI Data Centers Strain the Grid - Anas Alhajji

Dr. Anas delivered a sobering prediction about America's energy infrastructure failing to keep pace with exploding AI demand. He expects we'll see significant blackouts in major cities within the next few years, with a particularly concerning scenario where AI facilities maintain power while residential areas go dark. "I will not be surprised if we end up with a situation like this in some states and some cities," he warned.

The mathematics behind his prediction are stark. Energy consumption is skyrocketing due to multiple factors: urbanization, AI data centers, and simple population growth. When migrants move from rural areas to U.S. cities, their energy consumption increases by 30-70 times. Meanwhile, AI facilities require massive baseload power that renewable sources simply cannot provide reliably.

The infrastructure problems run deeper than just generation capacity. Anas explained that America's electrical grid is aging and wasn't designed for this level of demand. Even worse, we lack the manufacturing capacity to produce enough natural gas turbines - the only realistic solution for reliable baseload power at scale. He predicts this will create a dangerous political dynamic where tech companies with guaranteed power contracts maintain operations during blackouts while regular citizens lose electricity. "We might see a backlash from the population, and we will see politicians basically being forced to fight them because of that."

AI Will Force Millennials Into Career Reinvention Within the Next Decade - Bram Kanstein

Bram made a stark prediction about the collision between artificial intelligence and millennial career paths. He believes that traditional knowledge-based jobs will become obsolete much faster than people expect, forcing an entire generation to completely rethink their working lives. "If you think you're going to work for the next 30 years of your life, think again," he warned during our conversation.

His argument centers on the rapid advancement of AI capabilities that he's witnessed firsthand. After spending just 12 hours working with AI tools, Bram claims he developed what could be "a top 10 cybersecurity invention" - despite having no cybersecurity background. This experience convinced him that jobs requiring strict knowledge and logic are already dead. The implications are massive for millennials who built their careers around expertise that AI can now replicate instantly.

The timing couldn't be worse, as Bram notes that this technological disruption is happening precisely when millennials need stable income to support families and prepare for retirement. His solution? Use Bitcoin to create the time and space needed to figure out how to function in an AI-dominated world. "You need to be aware of that. This is where it's going. So how do you protect yourself in an age of AI? Bitcoin is the perfect way to do that."

---

Blockspace conducts cutting-edge proprietary research for investors.

New Bitcoin Mining Pool Flips Industry Model: "Plebs Eat First" Could Threaten Corporate Dominance

Parasite Pool's radical zero-fee structure challenges mining giants by guaranteeing payouts to small miners while rewarding block finders with instant Bitcoin. It disrupts traditional mining with a hybrid payout model that gives block discoverers 1 BTC immediately, while distributing remaining rewards (~2.125 BTC plus fees) among all pool participants. This "plebs eat first" approach targets the 22% discount miners typically accept in exchange for guaranteed income.

Key innovations that matter:

• Lightning Network integration bypasses Bitcoin's 100-block maturity rule, delivering instant payouts to Lightning wallets
• 10-sat minimum withdrawal eliminates traditional barriers for small miners
• Block withholding protection through substantial honest-miner rewards reduces pool attacks

The pool currently commands just 5 PH/s (0.000006% of Bitcoin's network), meaning an expected 3+ years before hitting a block. But this represents a growing counterculture against Full Pay Per Share (FPPS) pools that dominate corporate mining.

Industry impact: If successful, Parasite Pool could attract commercial miners seeking downside protection while maintaining the lottery appeal that drives pleb participation. The model challenges the structural advantages of corporate mining pools.

What's next: ZK Shark plans to open-source components over time, with the current beta suggesting this is just "V1" of a broader disruption strategy.

Link to Full Article

Subscribe to them here (seriously, you should): https://newsletter.blockspacemedia.com/

---

Ten31, the largest bitcoin-focused investor, has deployed $150M 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.

---

Get this newsletter sent to your inbox daily: https://www.tftc.io/bitcoin-brief/

STACK SATS hat: https://tftcmerch.io/

Subscribe to our YouTube channels and follow us on Nostr and X:

@media screen and (max-width: 480px) { .mobile-padding { padding: 10px 0 !important; } .social-container { width: 100% !important; max-width: 260px !important; } .social-icon { padding: 0 !important; } .social-icon img { height: 32px !important; width: 32px !important; } .icon-cell { padding: 0 4px !important; } } .mj-column-per-33-333333333333336 { width: 25% !important; max-width: 25%; } .moz-text-html .mj-column-per-33-333333333333336 { width: 25% !important; max-width: 25%; } /* Helps with rendering in various email clients */ body { margin: 0 !important; padding: 0 !important; -webkit-text-size-adjust: 100% !important; -ms-text-size-adjust: 100% !important; } img { -ms-interpolation-mode: bicubic; } /* Prevents Gmail from changing the text color in email threads */ .im { color: inherit !important; }

@ eb0157af:77ab6c55

The crypto platform had been aware of the data breach for months before the official announcement, internal sources reveal.

A Reuters investigation uncovered that Coinbase had been informed as early as January 2025 about a data breach involving outsourced customer support agents in India. Six sources familiar with the matter confirmed that the exchange knew sensitive user information had been compromised through its contractor, TaskUs, months before the formal disclosure in May.

On May 14, in a filing with the SEC, TaskUs documented part of the breach, in which an employee at its Indian office was caught photographing his work computer screen with a personal phone. Five former TaskUs workers confirmed that this employee and an alleged accomplice had been bribed by hackers to obtain Coinbase user data.

Coinbase had a long-standing partnership with TaskUs, a Texas-based outsourcing company, to reduce labor costs by assigning customer support functions to offshore teams. Since 2017, TaskUs agents handled Coinbase customer inquiries, often from lower-wage countries like India, where employees earned between $500 and $700 per month.

The financial impact of the breach

The exchange estimated that the breach could cost the company up to $400 million. In its May filing, Coinbase admitted it hadn’t fully grasped the extent of the attack until May 11, when it received a $20 million extortion demand. In response, the company terminated the TaskUs employees responsible for the breach, along with several other unnamed foreign contractors.

The post Coinbase data breach: the exchange knew about the theft since January appeared first on Atlas21.

@ eb0157af:77ab6c55

Singapore’s central bank has set a June 30 deadline for crypto companies operating abroad, with penalties of up to $200,000.

The Monetary Authority of Singapore (MAS) has issued a firm ultimatum to the crypto industry. Local firms providing digital asset services to international markets must cease those operations by June 30, 2025.

MAS announced the directive in response to industry feedback on the new regulatory framework for Digital Token Service Providers (DTSPs) under the Financial Services and Markets Act (FSM Act) of 2022.

The new rules offer no transition period for local firms operating overseas. Any company or individual based in Singapore offering digital asset services abroad must choose one of two options: either halt all operations or obtain a specific license before the June deadline.

The regulation makes it clear that “DTSPs subject to licensing requirements under section 137 of the FSM Act must cease or suspend providing DT services outside Singapore by June 30, 2025.”

Penalties for non-compliance

Companies that fail to comply with the new requirements face fines of up to 250,000 Singapore dollars (around $200,000) and prison terms of up to three years.

Under section 137 of the FSM Act, all Singapore-based firms are automatically considered to be operating from the country and are therefore subject to licensing obligations.

Licenses will be rare, legal experts warn

Securing licenses to continue overseas operations will be difficult, according to industry analysts. Hagen Rooke, Partner at Gibson, Dunn & Crutcher, explained in a LinkedIn post that authorizations will only be granted in exceptional cases.

“The MAS will grant licences under the new framework only in extremely limited circumstances (as this type of operating model generally gives rise to regulatory concerns, e.g. AML/CFT-related),” Rooke stated.

The only exemptions apply to companies already licensed under existing financial regulations: the Securities and Futures Act, Financial Advisers Act, or Payment Services Act.

The Financial Services and Markets Act, passed in April 2022, granted MAS broader powers to regulate crypto firms that, while headquartered in Singapore, primarily serve foreign markets.

The post Singapore orders crypto firms to halt overseas operations by June appeared first on Atlas21.

@ eb0157af:77ab6c55

Russian authorities are stepping up their crackdown on illegal Bitcoin miners with a new confiscation case.

Law enforcement in Russia has launched a seizure campaign against unauthorized mining operations, marking an escalation in the fight against illicit crypto activity. The latest case saw investigators in the Amur Oblast confiscate bitcoin worth $88,500.

The Investigative Department of the Investigative Committee (SKR) for Amur Oblast announced it had seized assets worth around 7 million rubles ($88,570; 0.8414 BTC) from a former executive of an unnamed power company.

The accused served as head of technological connection services at the Amur branch of the Far Eastern Distribution Company (DRSC), a power grid operator managing electricity distribution in Russia’s eastern Amur region.

Investigators found that the former executive exploited his insider knowledge of the company’s power distribution systems to siphon electricity from the grid. The stolen power was used to run mining equipment at his private residence.

The seizure followed an investigation revealing that in 2024, the man used his technical skills to bypass metering devices and create an illegal connection to his employer’s infrastructure.

Authorities estimate that the executive used over 3.5 million rubles ($44,334) worth of electricity belonging to DRSC.

In April, several Russian ministries drafted a legal mechanism proposing new powers for courts and law enforcement to confiscate cryptocurrencies in criminal cases. The proposal, backed by government policymakers, would allow authorities to formally recognize digital assets as intangible property in criminal proceedings.

Previous seizures

Investigators appear to have already applied the principles of this draft law in several cases. Among them is the case of a server operator for the darknet marketplace Hydra, from whom police seized crypto assets worth $8.2 million.

Judicial officers also seized 1,032.1 BTC from Marat Tambiev, a former investigator with the Russian Investigative Committee. A court found Tambiev guilty of accepting Bitcoin bribes from an international fraud network, sentencing him to 16 years in prison.

The post Russia: $88,500 in bitcoin seized from illegal miner for power theft appeared first on Atlas21.

@ eb0157af:77ab6c55

The newly elected South Korean President is aiming for a breakthrough in the cryptocurrency market with the introduction of spot ETFs and a national stablecoin.

On June 4, South Korea officially elected Lee Jae-myung as its new President. The candidate from the left-wing party secured victory following the impeachment of former leader Yoon Suk-yeol, who ended his three-year term after a failed attempt to establish a military-backed government.

Voter turnout reached 79.4%, the highest in the last 28 years. Lee won 49.42% of the vote, defeating his conservative opponent Kim Moon-soo, who garnered 41.15%.

The new President’s pledges

In addition to traditional economic priorities such as supporting low-income families and small businesses, Lee Jae-myung has placed digital assets at the heart of his political agenda.

The core pillar of Lee’s strategy involves the introduction of spot ETFs for Bitcoin and Ethereum in the domestic market. Currently, the issuance and local trading of crypto ETFs remain banned in the country.

Another key element of the plan is the approval of stablecoins pegged to the South Korean won. During a discussion last month, Lee emphasized the need to develop a won-based stablecoin market to prevent capital flight abroad.

Under the new administration, South Korea will also work to complete the second phase of its regulatory framework for digital assets. The upcoming legislation will specifically address stablecoin regulations and transparency requirements for cryptocurrency exchanges.

The program also includes the creation of special zones for blockchain-related businesses, where regulations will be minimized to maximize innovation and operational efficiency.

However, this isn’t the first time South Korea has elected a crypto-friendly candidate. The conservative president Yoon Suk-yeol, later impeached, had made several crypto-friendly promises aimed at deregulating the sector, though many of those initiatives saw delays and limited progress during his three-year term.

Yoon’s deregulatory plans faced resistance from the Financial Services Commission (FSC), which maintained strict regulations citing investor protection. In recent months, however, the FSC has shown greater openness toward easing crypto rules — a shift that could support Lee’s commitments.

According to FSC data, by the end of last year the country had 9.7 million registered exchange users, representing nearly 20% of the total population.

The post South Korea: the new leader may favor Bitcoin ETFs and a national stablecoin appeared first on Atlas21.

@ 9ca447d2:fbf5a36d

El Salvador – June 3, 2025 — The grassroots Bitcoin community of El Salvador is proud to announce the return of Bitcoin Week, taking place this November with five dynamic events celebrating Bitcoin adoption, education, and community-led innovation.

Join us for a week of inspiration, collaboration, and impact.

Bitcoin Week 2025 calendar

📍 November 12 – Bitcoin Education Celebration Gala: Kick off the week in style with a luxurious and intimate evening at a high-class dinner, celebrating “proof of work” and the achievements of the Bitcoin education movement.
Expect major plans for the year(s) ahead but also a reflection to past proof-of-work—and don’t miss out on the Great Grassroots Giveaway, included with every ticket.

📍 November 13 – Bitcoin Educators Unconference: Hosted for the third time in San Salvador at Cadejo Montaña, this sixth edition of the Educators Unconference embodies our commitment to provide a space for decentralized, community-led conversations.
Join educators and leaders shaping the global Bitcoin conversation!

📍 November 14–15 – Adopting Bitcoin: The Network Effect: Now in its fifth year, Adopting Bitcoin returns with a powerful focus on real-world Bitcoin usage across global communities.
This year’s theme—The Network Effect—explores how interconnected local initiatives can spark exponential growth in adoption.

📍 November 16 – Visit Bitcoin Beach, El Zonte: Make your way to Bitcoin Beach, the heart of El Salvador’s Bitcoin story. Enjoy a day of connection and discovery in this iconic beachside town. Full details coming soon.

📍 November 22–23 – Economía Bitcoin, Berlín: Head to the town of Berlín, El Salvador for the second edition of Economía Bitcoin, a powerful, small-scale conference and festival focused on circular economies and practical Bitcoin use.
Spend sats freely in town and see how local action drives global impact.

With five unique events across three regions in Bitcoin Country, this edition of Bitcoin Week is your chance to experience El Salvador’s Bitcoin journey up close. Whether you’re an educator, builder, Bitcoiner, or simply curious—you’re invited.

Join us this November. Be part of the movement.

@ cae03c48:2a7d6671

Bitcoin Magazine

MARA Announces Over $100 Million in Bitcoin Mined in May 2025

Today, MARA Holdings, Inc. (NASDAQ: MARA) reported a record high month of bitcoin production in May 2025, mining 950 BTC worth over $100 million at the time of writing. A 35% increase from April and the highest monthly output since the April 2024 halving event. MARA did not sell any bitcoin in May.

JUST IN: MARA mined 950 #Bitcoin worth over $100 MILLION in May

They HODLed all of it pic.twitter.com/Z4v1zoEfga

— Bitcoin Magazine (@BitcoinMagazine) June 3, 2025

“May was a record-breaking month for MARA with 282 blocks won, a 38% increase over April and a new monthly high,” said the Chairman and CEO of MARA Fred Thiel. “Our total bitcoin holdings surpassed 49,000 BTC during May and the 950 bitcoin produced were the most since the halving event in April 2024.”

The company mined 282 blocks during the month, a 38% rise over the previous month, and now holds 49,179 BTC, worth roughly $5.23 billion at the time of writing.

“Our fully integrated tech stack is a key differentiator, and MARA Pool is the only self-owned and operated mining pool among public miners, offering greater control and efficiency,” stated Thiel. “Operating our pool means no fees to external operators and retention of the full value of block rewards. Production in May also benefitted from block reward luck. Since launch, MARA Pool’s block reward luck has outperformed the network average by over 10%, contributing to our industry-leading block production.”

Operational efficiency also improved, with energized hashrate rising 2% from 57.3 EH/s to 58.3 EH/s. MARA’s average daily bitcoin production hit 30.7 BTC, which is 31% more than the last month from April.

“We remain laser-focused on transforming MARA into a vertically integrated digital energy and infrastructure company,” commented Thiel. “We believe this model gives us tighter operational control, improves cost-efficiency, and makes us more resilient to shifts in the broader economy.”

Earlier this month, on May 8, MARA released its first quarter 2025 earnings, posting 213.9 million dollars in revenue. A 30 percent increase over the same period last year. The company’s bitcoin holdings surged 174 percent year over year, rising from 17,320 BTC to 47,531 BTC as of March 31, with an estimated value of 3.9 billion dollars at the time. In Q1, MARA mined 2,286 BTC and acquired an additional 340 BTC. Operational performance also strengthened, with energized hashrate nearly doubling from 27.8 EH/s to 54.3 EH/s, and cost per petahash per day improving by 25 percent.

This post MARA Announces Over $100 Million in Bitcoin Mined in May 2025 first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 7460b7fd:4fc4e74b

TRX 资源冻结式 Staking 与用户结构演化：对价格发现机制的影响分析

引言

TRX（波场币）作为波场 TRON 区块链的原生代币，因其独特的“冻结换资源”式 staking 模型而呈现出不同于传统公链的用户结构演变轨迹。这种机制在不同发展阶段吸引了截然不同类型的用户，从早期高度集中的机构持有者，到中期大量利用资源冻结套利的灰色产业，再到近期随着合规压力下资产向零散用户转移所形成的更广泛持有群体。本文将深入分析这一用户结构的演变历程，以及这种变化如何潜在影响 TRX 的市场价格发现机制。我们将按照时间脉络探讨以下问题：

• 初期设计：波场最初的 staking 模型如何偏向“对公场景”（如交易所间结算、机构资源调配），导致早期 TRX 资金和投票权集中度极高？

• 灰产利用：灰色产业（电信诈骗、网络赌博、地下钱庄等）如何利用 TRX “冻结换能量”机制降低 USDT 等稳定币转账成本，在波场上形成中期稳定的使用者群体？

• 用户下沉：随着各大交易所面临日益严格的合规压力，这些灰产地址如何将资金转移给“无交易所”通道的散户和小型平台账户，导致 TRX 使用权和持仓逐步向更广泛的普通用户渗透？

• 价格发现影响：这种持币结构的变化是否可能引导“零售价格发现”，即当大量散户持有 TRX 时，是否会对价格走势产生聚合影响（类似 GameStop 股票或 meme 币的散户抱团现象）？

• 链上数据演化：若数据支持，我们将呈现 TRX 持仓结构在链上的历史演变情况（如交易所热钱包占比、已知灰产地址占比、散户地址占比等），借助 Nansen、Lookonchain、Arkham、Dune 等分析工具的公开数据来说明上述趋势。

接下来，将从背景入手介绍波场 TRX 的 staking 机制设计及其早期影响，然后依据链上数据和行为证据分阶段分析用户结构转变，结合博弈论视角讨论价格发现机制，最后给出结论和展望。

背景：TRX 资源冻结型 Staking 模型与早期集中化

波场 TRON 于 2018 年主网上线，采用 委托权益证明（DPoS） 共识机制，其核心是 资源冻结（质押）换取网络资源和权益 的模式cryptorank.io。用户可以冻结一定数量的 TRX 以获取 带宽（用于普通交易）和 能量（用于智能合约操作）的配额，从而用资源抵扣交易手续费cryptorank.io。此外，冻结 TRX 还能获得 Tron Power（投票权），用于参与超级代表（Super Representatives，SR）节点的选举，从而分享出块奖励和投票奖励。这一机制本质上鼓励大量持币并长期冻结，以换取低成本交易和治理权。

TRX 早期的经济设计和应用场景明显偏向**“大户”和“机构”。首先，TRX 在 2017 年 ICO 分发时就有相当集中度——总发行1000亿枚中，约40%面向公开发售，15%私募，35%由项目方保留cryptorank.io。项目方（波场基金会）及早期投资人一开始就掌握了近一半的代币供应量。其次，在 DPoS 模式下，持币多者在投票治理中掌握更大权力，早期27个超级代表节点的投票由少数巨鲸地址主导。波场联合创始人、前 CTO 陈志强曾直言：“TRON 的代币分布是中心化的，超级代表是中心化的”cointelegraph.com；前27个超级代表节点拥有超过1.7亿票数，其中大部分受波场官方控制，普通散户的投票几乎无法左右结果cointelegraph.com。这意味着网络治理和出块权高度集中在项目方和早期大户手中**，staking 机制对中小持币者参与并不友好。这种局面导致 TRX 在生态早期呈现出明显的寡头格局。

更重要的是，波场团队有意将 TRX 打造成 高吞吐低成本的链上结算网络，这吸引了交易所和机构用户的青睐。2019年，创始人孙宇晨敏锐地抓住 交易所间稳定币跨链转账 的需求：由于以太坊网络手续费高、速度慢，交易所间结算 USDT 等稳定币成本很高，而波场上的 TRC20-USDT 转账费用极低、确认快theblockbeats.info。孙宇晨当即采取激进补贴策略，动用波场超级节点的挖矿收益，投入数亿元人民币补贴 TRC20-USDT 的充提手续费，在各大交易所间推广波场作为USDT转账的介质theblockbeats.info。据报道，当时通过波场网络充提 USDT 的用户可以享受相当于16%\~30%的收益（手续费返还优惠），极大刺激了交易所采用波场网络theblockbeats.info。这一系列措施使 TRC20版 USDT 的流通量和交易量在短时间内飙升，波场迅速取代以太坊成为 USDT 最主要的发行和转移平台。交易所和场外结算机构成为 TRX 生态的核心参与者：他们大量持有并冻结 TRX 来获取能量用于大额稳定币转账，或者直接利用波场网络进行跨所清算。这奠定了 TRX 早期资金和使用的高度机构化、集中化特征：头部交易所和项目方持仓占比极高，散户持有比例相对很低。

图：2024年初 TRX 持币分布的集中度。数据显示前10大地址合计持有约31.6%的供应量，前500大地址合计持有约85.5%的供应cryptorank.io。这印证了波场生态早期的持币高度集中在少数机构和巨鲸手中。

综上，波场 TRX 通过独特的冻结换资源机制，将手续费成本内化为持币收益，迎合了交易所、支付清算等对公场景对廉价高速链上转账的需求。在2018-2019年间，这一定位成功吸引了大量机构资金，但也造成了代币分布和治理权的高度集中。这是 TRX 用户结构演化的起点：以机构和巨鲸为主体的集中式持仓格局。

链上数据与行为层分析

随着波场网络逐步发展，TRX 的用户结构并未一成不变。链上数据和使用者行为表明，TRX 的持有者构成经历了从集中到扩散的动态演化，大致可划分为以下阶段：

初期阶段：机构主导的集中持仓

在主网上线后的早期（2018\~2019年），TRX 的持仓和使用主要集中在交易所、基金会等少数主体。从链上持币分布看，2019年时 TRX 前5个地址持有全网一半以上代币供应量，前10名地址接近60%（包括波场基金会及创始团队地址、少数大交易所的钱包等）cryptorank.io。即便到2025年中，集中度仍然较高——据统计前10大持币者仍合计拥有约25%的供应ccn.com，其中最大的单一地址占比超过8%ccn.com（推测为波场基金会或主要交易所冷钱包）。可见在初期，头部持有者在供应中占据主导。这种格局的形成，一方面源自前述代币分发和 DPoS 机制让项目方及早期投资人持有巨量筹码；另一方面，交易所为提供波场网络USDT充提现也大量囤积并冻结 TRX 获取带宽/能量，从而自身成为持币大户。

链上行为数据显示，交易所地址在 TRX 交易活动中占相当权重。大量 TRX 被冻结在交易所热/冷钱包用于日常为用户支付交易费用或资源租借。例如，币安在2019年直接成为波场超级代表节点之一，拥有全网超过一半以上的超级代表选票，当时就反映出交易所对 TRX 生态的深度介入coinmarketcap.comcointelegraph.com。总的来说，初期阶段 TRX 的用例主要是交易所间结算的媒介和赚取投票收益的质押资产，对应的用户主要是大宗资金持有者（交易所、基金会、早期投资人）。普通散户在这一阶段对 TRX 的参与度有限，无论持仓量还是交易笔数占比都很低。价格发现也主要由这些“大玩家”驱动——他们有能力通过场外交易或协议控制市场供给，从而较大程度上主导 TRX 的价格走向。

中期阶段：灰产经济的稳定使用者崛起

2019年至2021年后，随着波场网络的稳定运行和 USDT 等稳定币在波场上的广泛流通，一个意想不到的用户群体开始在 TRX 生态中扮演重要角色：灰产经济体。这里所指的灰产包括电信网络诈骗、网络赌博平台、地下钱庄洗钱团伙等非法或游走在法律灰色地带的组织。这些团体发现，波场的**“冻结 TRX 换能量”机制非常适合他们大规模、频繁地转移资金：通过持有并冻结一定量的 TRX，他们可以几乎免费地在波场链上无限次转账 USDT** 等代币linqihuishou.com。相比在以太坊等公链上高昂的 Gas 费用，波场提供的这种低成本转账渠道对灰产资金具有巨大吸引力。

联合国毒品和犯罪办公室（UNODC）的一份报告指出，在东南亚地区从事洗钱和诈骗的犯罪团伙偏好使用波场链上的 USDT 作为转移资产的工具dlnews.com。报告称，仅在截至2022年9月的一年间，就有逾170亿美元等值的 USDT 涉及非法交易所、地下洗钱等活动dlnews.comdlnews.com。波场因其匿名性强、转账快且成本近乎为零，成为这些团伙的“首选”网络dlnews.com。另一份调查也揭示，使用波场 USDT 的网络赌博和洗钱架构俨然形成了一个平行的地下银行系统protos.com。不法分子往往在国内收取现金，通过OTC渠道换成波场 USDT，在链上层层划转，最后在境外兑换回法币完成洗钱3e97756f-e20a-4497-8bc2-57f45e005c8a.baidu.scalaris-eci.com。

灰产大规模涌入波场带来了 TRX 生态的中期用户结构转变：虽然这些团伙的主要目的是利用 USDT 等稳定币，但为了降低成本他们必须持有一定数量的 TRX 来支付手续费或获取能量。这就意味着一批新的持币群体——灰产地址——开始稳定持有和使用 TRX。链上可以观察到许多可疑地址经常冻结大量 TRX，然后进行频繁的 USDT 转账操作。这些地址往往关联着诈骗资金、黑钱，通过分析工具已被标记为高风险。在波场交易笔数中，这些灰产相关地址的交易占有相当比例，它们维系着庞大的跨境资金流。dlnews.comprotos.com

值得注意的是，灰产用户的TRX持有行为具有“两面性”：一方面，他们持有 TRX 完全是出于工具用途，对 TRX 价格本身并不敏感，往往在完成资金转移后就会解冻并抛售 TRX（换回稳定币或法币）。因此，灰产用户的存在为 TRX 提供了持续的基础交易需求，但同时他们也可能对价格形成抛压。另一方面，由于这部分需求庞大且相对稳定（例如地下钱庄每天都有大额 USDT 要汇出），某种程度上托起了 TRX 的链上活跃度，甚至提高了网络的基础价值支撑。到2024年，波场上 USDT 的流通量已经超过以太坊，占到 USDT 总供应的一半以上cointelegraph.com；波场每日处理的稳定币转账金额高达数百亿美元，全球所有稳定币交易量中近30%通过波场网络完成coindesk.comcoindesk.com。在这些惊人的数字背后，灰产资金不可小觑。

综上，中期阶段 TRX 用户结构从单纯的机构主导，演变为**“机构+灰产”双重主导**格局。灰产经济成为 TRX 生态中隐形但重要的参与者，为 TRX 提供了源源不断的交易量和实用需求。然而，这种需求带有很强的功利性，在正常市场中往往难以转化为对 TRX 价格的主动支撑。

转型阶段：合规压力与持币群体下沉

进入2023-2024年，全球监管环境对加密行业（尤其是交易所）日趋严格，大型中心化交易所纷纷加强了 KYC/AML（反洗钱） 审查。这对利用交易所渠道“进出”资金的灰产团伙造成了沉重打击：大量涉嫌非法的地址被交易所列入黑名单冻结，稳定币发行方 Tether 也开始配合执法，冻结了部分波场网络上的可疑 USDT 账户cointelegraph.comcointelegraph.com。

图：由波场、Tether 与 TRM Labs 于2024年8月成立的“T3”金融犯罪联合行动小组，自成立以来已冻结超过1.26亿美元涉案 USDTcointelegraph.com。其中近一半涉及洗钱，另有相当比例涉及投资诈骗cointelegraph.com。这一行动反映出监管合规压力下，波场网络上大额非法资金池正受到打击。面对这种压力，灰产资金的流转模式开始转变。

随着“大额、集中”的灰产资金在主流交易所难以脱身，这些团伙被迫改变策略，更加依赖非交易所渠道来“出清”资金。他们开始将大宗资金拆分，通过场外交易（OTC）网络或小型换汇平台，转移给众多零散的个人地址。例如，一个诈骗团伙可能将上百万 USDT 分拆成上千笔小额转账，分别发给成百上千个个人钱包；这些个人再通过点对点方式把 USDT 换成现金。在中国等地破获的地下钱庄案件中，就发现犯罪团伙通过海量的个人数字钱包收款，以规避大额交易监控3e97756f-e20a-4497-8bc2-57f45e005c8a.baidu.scalaris-eci.com。波场网络的低费率使得**“大拆小”式的分散转账成为可能且经济**。

这一过程中，TRX 的使用者结构出现了**“下沉”**。原先主要由灰产团伙自己持有的 TRX（用于支付手续费或冻结换能量），现在逐步分散到大量普通用户手中。很多此前从未直接接触过波场的散户，因为参与OTC交易或接受灰产资金而开始持有少量 TRX。例如，一些东南亚地区的务工人员通过地下渠道汇款，在接收USDT时被要求使用波场网络的钱包，这意味着他们需要持有一点 TRX 来支付手续费。同样地，一些小型境外换汇商为了承接灰产的出金业务，也开始积累 TRX 以便快速完成批量转账。

链上数据支持了这种“去中心化”的趋势：CryptoQuant 的研究指出，截至2024年7月，波场网络上小额持有者（“散户”）的数量已经超过5260万，占据 USDT 转账笔数的28%左右newsdirect.com。也就是说，有数千万计的普通用户活跃在波场上进行小额交易。波场官方数据显示，到2025年初，总用户账户数已突破3亿，日活跃地址超过100万，每日小额稳定币交易数百万笔coindesk.comnewsdirect.com。这些数字表明，TRX 与波场网络的使用已深入到广泛的民间层面，不再只是大户的专属。

从持币结构看，虽然大户依然握有大量筹码，但相比早期，中小地址合计持有的比例有所上升。前文提到截至2025年5月前10名地址占供应约25%，而在更早时期这一数字一度超过30%cryptorank.ioccn.com。顶级持有者占比的下降意味着更多代币分散到了小持仓地址中。当然，大部分散户并非因为投资目的囤积 TRX，他们往往只持有满足转账所需的少量（比如几十个甚至几个 TRX用于手续费）。然而，当数以千万计的用户都持有哪怕少量 TRX 时，其总量也不可忽视。此外，一些原本为灰产服务的小平台、小型交易商，随着合规压力增加也可能选择转型，通过合法途径运营，这些玩家持有的 TRX 由“暗”转“明”，进一步增加了公开市场上的流通筹码。

**这一阶段的核心转变在于：TRX 的持有者基础变得空前广泛。**从链上身份看，除了交易所和已知灰产地址，普通散户地址在网络活动和持仓中的占比显著提高newsdirect.com。TRX 不再仅仅是机构间的结算工具或黑市的洗钱桥梁，它开始进入寻常用户的钱包，成为跨境汇款、支付和个人转账的一种选择。在非洲、中东等通货不稳定地区，波场 USDT 甚至被用作日常价值存储手段，TRX 则提供了必要的基础设施dlnews.com。这种下沉为 TRX 的市场生态带来了新的变量：当持币者从少数改为众多，价格发现的参与者结构也相应改变。

博弈模型讨论：散户崛起能否引导价格发现？

随着 TRX 持有和使用群体愈发多元化，一个关键问题浮出水面：如此广泛的散户参与，是否会改变 TRX 的价格发现机制，乃至引发类似 GameStop 或 meme 币那样的“散户聚合”行情？ 从博弈论和市场微观结构角度，我们可以进行以下分析。

1. 定价权由大转小的再分配：在传统金融和早期加密市场中，少数大玩家（做市商、鲸鱼、机构）往往通过信息优势和资金优势主导价格。然而，当持仓分散到众多散户后，市场定价权力开始更平均地分配。如果散户群体足够活跃，他们的集体交易行为（买入或卖出）可以对价格产生显著影响。尤其在社交媒体发达的时代，散户可以通过舆论形成某种“共识预期”。例如，若大批散户相信“波场用户遍地开花将推高 TRX 价值”，他们可能趋于买入持有，从而真的推高价格——这类似于一种自证预期的动态。散户数量庞大且分散，单个看似微不足道，但**“乌合之众”在同步行动时可产生和巨鲸相媲美的资金量**。GameStop 股票之所以在2021年出现爆炸性逼空行情，就是因为数百万散户在网络论坛上形成合力，对抗华尔街空头。如果 TRX 的散户持有者也形成共同的看涨信念，可能出现交易行为的正反馈，推动价格快速上涨。

2. 网络效应与认知偏差：波场网络广泛的用户基础本身就会带来网络效应。每增加一位用户，TRX 的实用价值和潜在需求就略有提高。当数千万用户都在使用某个网络时，会产生一种“这么多人用，币价应该有支撑”的认知偏差。散户往往受“用户规模=价值”直觉影响而追涨。coindesk.comnewsdirect.com中的数据（每日超百万活跃地址、全球稳定币流通近三成经波场）可能被解读为 TRX 的基本面支撑，从而增强散户的持有信心。这种对基本面的再认知有别于灰产用户时期——灰产虽使用波场但不会宣扬其价值，而普通用户的使用反而可能转化为对 TRX 的口碑传播和正面情绪。由此，一个正向循环可能形成：用户基础扩大 → 市场认可度提高 → 新投资者涌入 → 价格上升 → 吸引更多用户。

3. 大户与散户的博弈：当然，散户行情能否持续，还取决于大户（早期鲸鱼、机构）的行为反应。一种可能情景是类似meme股/币：当散户推高价格时，大户出于逐利反而顺势助涨，甚至刻意制造舆论迎合散户，以便自己高位出货。如果 TRX 出现快速拉升，早期持有巨量筹码的老玩家可能选择逢高抛售套现，给上涨造成阻力。这一点在博弈上体现为：散户试图通过一致行动改变定价，但理性的大利润持有者会反向博弈，利用散户情绪行情实现盈利。TRX 目前前几大地址仍掌握巨额筹码，他们的抛压能力依旧很强。如果没有新的强力资金接盘，大户的出货可能使散户难以持续控盘。GameStop等案例中，散户成功逼空的前提之一是大户被困住无法立即抛售（空头被迫买入、公司高管锁仓等）。而在TRX市场，波场基金会、交易所等钱包并无锁定约束，完全可以利用流动性高点出售。因此，散户要引导价格发现，必须面对大户博弈的反作用力。

4. 市场情绪和触发事件：散户聚合行为往往需要一个导火索或叙事。GameStop有“对抗华尔街”的叙事，Dogecoin等meme币有马斯克等名人站台或者社区狂欢。TRX 虽有庞大用户，但缺乏类似的戏剧性话题来凝聚炒作热情。Justin Sun 虽然善于营销（如天价拍巴菲特午餐等），但这些年 TRX 价格相对稳健，没有出现过山车式暴涨暴跌，说明市场对其噱头相对理性。如果未来出现某个事件——例如波场生态中诞生一个现象级应用、或哪位投资大佬高调支持 TRX ——这可能点燃散户的想象力，触发一波情绪行情。在博弈模型上，这类似于公共知识的形成：散户需要确信“大家都会买”，而导火索事件恰恰提供了这样的公共信号。如果信号足够强烈，散户预期可协调，形成簇拥买入的纳什均衡。反之，在缺乏信号的平静环境中，散户各自为战，价格更多反映基本面与存量大户操作，不易自发聚合。

5. 零售价格发现的迹象：目前观察，TRX 市场已经显现出一些零售主导的特征。例如，2023-2024年熊市中，TRX 价格相对抗跌且波动率较低，或许与大量散户被动持币（用于手续费而非投机）有关——这部分需求相对刚性，不会因市场恐慌而大量抛售，反而稳定了价格。另一方面，在牛市来临时，这批散户是否会转为主动买入、推高价格，还有待验证。截至2025年年中，TRX 的市场走势总体平稳，CCN 分析指数给其势能评分仅34（满分100），显示动能偏弱ccn.com。这说明尚未出现 meme 式狂热，散户更多是被动参与者。但随着波场版稳定币生态的进一步扩张以及监管环境变化，不排除散户的角色从“被动用币者”转变为“主动投资者”。如果那一刻到来，TRX 的价格发现模式可能从当前偏基本面/机构驱动，转向更加依赖大众情绪和网络舆情。

综上，在博弈论视角下，TRX 用户结构的演变确实为零售价格发现创造了条件：更分散的持仓、更广泛的市场参与，使价格形成过程潜在地更具民主化色彩。然而，能否出现类似 GameStop 或 meme 币的极端行情，还取决于散户共识凝聚程度以及大户的策略反应。目前迹象表明 TRX 市场仍处于相对均衡状态，散户广布带来的更多是流动性提升和韧性增强，而非泡沫炒作。当然，市场结构一旦改变，其影响往往非线性——未来某个时点，不可忽视数以千万计散户的力量可能展现。

结论

TRX 代币由于其资源冻结式 staking 模式，在过去数年间经历了独特的用户结构演化：

• 早期，波场刻意迎合高频结算等对公场景，导致 TRX 持币和治理高度集中于项目方、交易所等少数机构账户，散户影响微乎其微。价格发现主要由这些大主体决定，市场呈现中心化特征。

• 中期，随着波场成为稳定币（尤其 USDT）的重要转移网络，各类灰色产业大量涌入利用“冻结换能量”降低转账成本。灰产地址成为 TRX 生态中不可忽视的稳定使用者群体，带来了巨大的链上交易量和实际需求。但这部分用户对 TRX 价格并无投机兴趣，其行为在提高网络实用性的同时，也给市场抛压埋下隐患。

• 近期，全球合规打击使得灰产资金从大交易所撤出，被迫通过无数散户和小型渠道分散流动。由此，TRX 的使用权和持有量开始向更广泛的人群下沉，数以千万计的普通用户卷入波场网络的使用。TRX 的持币结构正变得相对分散，散户在链上交易和持仓中的占比明显上升。

• 对价格发现的影响，可以概括为“基础盘扩大，定价权下放”。更广泛的用户基础意味着 TRX 价格受到的力量更加多元：除了少数大户博弈，还受到千千万万小持有者情绪和行为的影响。散户群体有可能在某些条件下形成合力影响价格（例如共同的看涨预期或外部刺激事件），这为 TRX 带来了出现零售驱动行情的可能性。然而，目前 TRX 市场尚未经历真正的散户抱团狂热，其价格依然相对平稳，说明机构和基本面因素仍占主导。

• 链上持仓结构演变总体符合上述趋势：从交易所/基金会占主导，逐步过渡到多元参与者并存。尽管确切的链上占比数据仍在完善（可借助 Nansen、Dune 等进一步分析交易所热钱包持仓、标记的诈骗地址持仓、非风险地址的小额持仓等），现有资料表明前十大地址持仓比例已从超过30%降至约25%，而小额地址数以亿计增长，对网络活动贡献巨大cryptorank.ionewsdirect.com。

综合而言，TRX 的资源冻结 staking 模式在不经意间促成了一条特殊的发展路径：从精英走向草根。这种用户结构的下沉为 TRX 带来了使用面的繁荣，同时也打开了价格发现的新篇章。未来，如果散户力量能够被某种契机调动，TRX 不排除出现类似meme行情的可能；即便没有极端事件，更多元的持仓结构也意味着价格将更真实地反映广泛市场的供需和预期。对于波场生态来说，如何平衡好“大户—灰产—散户”三类持币者的利益，将是决定 TRX 市值能走多远、走多稳的关键。波场的故事，正在从幕后走向台前，从少数走向大众，这或许正是去中心化精神的一种体现。

参考文献：

1. Chen, Z. (2019). Tron Co-Founder and CTO Leaves Project, Alleging Excessive Centralization. Cointelegraphcointelegraph.comcointelegraph.com.

2. Primitive Ventures. (2023). 裂隙中的共识：Tether与全球金融新秩序theblockbeats.infotheblockbeats.info.

3. CryptoRank. (2024). TRON H1 2024: From Stablecoins to Bitcoin and Beyond. CryptoRank Reportcryptorank.io.

4. DLNews. (2023). UN says USDT on Tron is “preferred choice” for fraudsters in East Asiadlnews.com.

5. Protos. (2024). China busts $2B USDT money laundering operationprotos.com.

6. TronDAO & CryptoQuant. (2024). TRON retail usage analysisnewsdirect.com.

7. Cointelegraph. (2024). Tether, Tron and TRM Labs jointly froze $126M USDT in 2024cointelegraph.comcointelegraph.com.

8. Cointelegraph. (2024). Nansen 2 brings transparency to Tron: USDT on Tron adoptioncointelegraph.com.

9. CCN. (2025). TRON Price Prediction 2025: Rich List and Distributionccn.comccn.com.

10. TRON DAO. (2025). Press Release: USDT on TRON surpasses $75Bcoindesk.comcoindesk.com.

@ 527337d5:93e9525e

The Algorithmic Pursuit of Connection: A Five-Book Journey into the Self

As a researcher, hitting my thirties and the winding down of a significant project prompted a crucial re-evaluation of life's latter half. While I'd successfully applied probabilistic control theory to one-on-one interactions, the complexities of group dynamics remained a persistent challenge. My recent dive into five diverse books on human relationships inadvertently became a profound journey of self-discovery, fundamentally reshaping my perspective on social connections.

---

Neil Strauss: A Mirror Reflecting the Self's Evolution

Neil Strauss's The Truth resonated deepest among my recent reads. The author's battle with sex addiction uncomfortably mirrored my own past struggles: the fragile self-esteem stemming from rejection, the hubris born of early successes, and the tendency to view women as mere objects of manipulation. It felt eerily prescient, a glimpse into a potential future.

Yet, I found myself arriving at Strauss's ultimate conclusion – the paramount importance of self-preparation and community – far sooner than he did. This acceleration wasn't accidental; it was the result of intense focus on individual experiences, meticulously replayed and analyzed in my mind. The book, therefore, served less as a revelation and more as a powerful validation of my own journey of introspection and root-cause analysis.

---

Quantifying Connection: The Promise and Limits of Mathematical Models

Hannah Fry's The Mathematics of Love offered a kindred spirit in its attempt to quantify human relationships. While I appreciate the mathematical lens, Fry's models primarily concern dyadic relationships (N=2), relying on relatively simple systems of two-variable ordinary differential equations. For me, these are akin to linear models, sufficient only up to a certain point. Beyond N=4, the dependencies become exponentially complex.

My own pursuit extends to understanding and optimizing group dynamics within complex systems. This involves multi-variable problems (N $\ge$ 3) and the application of network theory, a far more sophisticated approach. Human collectives, after all, are systems of nodes and edges, where information propagates in predictable ways. My focus is on deriving optimal behavioral controls within these intricate frameworks.

Conversely, Men Are from Mars, Women Are from Venus initially struck me as bordering on conspiracy theory. However, its latter half proved unexpectedly useful. Its clear enumeration of male and female desires, and its articulation of common points of conflict, presented a practical template for communication styles. In a systemic view, this serves as a rudimentary, yet functional, interface design for complex social interactions.

---

A Dispassionate Critique of Relationship Dogma

My drive for efficiency and systematic understanding led to a rather blunt assessment of certain relationship classics. The New Science of Adult Attachment felt disorganized and frustratingly anecdotal. Lacking a coherent theoretical framework, it burdened the reader with deciphering meaning from a jumble of examples. Its inefficiency was, frankly, its most irksome flaw.

Similarly, Dale Carnegie's How to Win Friends and Influence People struck me as closer to pseudoscience than social science. Its plethora of specific anecdotes obscured any underlying principle. Given my deep engagement with social engineering – a discipline that systematically and practically analyzes human interaction – Carnegie's work appeared largely irrelevant and inefficient. From my perspective, which views humans as objective systems to be analyzed with mathematical rigor, such unstructured approaches hold little value.

---

The Unveiling of a Core Principle: Humans as Systems

This intensive reading period solidified my most crucial insight: humans, at their core, are systems. This understanding allows for a dispassionate, methodical approach to human collectives, mitigating unnecessary emotional friction.

This revelation has sharply refined my future learning trajectory. I'm now prioritizing foundational theories like graph theory and network theory over anecdotal accounts of human behavior. By mastering these theoretical underpinnings, I aim to precisely model complex human interactions as systems of nodes and edges, enabling the derivation of optimal behavioral controls within communities.

My choice of the term "target for capture" for individuals stems from a personal aversion to perceived equality in certain human interactions, a mechanism to avoid cognitive dissonance. This rational approach, I believe, is key to cultivating secure attachment styles – relationships demonstrably sustainable in the long term. My philosophy is to strategically approach the initial engagement, then transition to a stable, enduring connection. It's a calculated, dispassionate method for achieving desired relational outcomes.

Ultimately, this period of reading wasn't just about acquiring knowledge; it was a profound journey of self-discovery, clarifying my personal frameworks for navigating life's complexities and forging meaningful, yet strategically managed, connections.

@ 49d472c1:a63cd544

Bitcoin Miners Pivot to Power AI Boom, Offering a Lifeline to America’s Data-Center Crunch

A fresh Morgan Stanley analysis warns that U.S. data-center demand will balloon to ≈65 GW between 2025 and 2028—about 45 GW more than the grid can currently supply. One solution the bank singles out: repurposing the oversized, transformer-fed campuses originally built for Bitcoin mining. (investopedia.com)

Several public miners are already moving. Riot Platforms has begun buying extra land near its Corsicana, TX complex and hired a veteran data-center executive to head a “high-performance compute” division aimed squarely at AI customers. (riotplatforms.com, coindesk.com) Bitfarms, meanwhile, is marketing North-American sites to hyperscalers after hiring consultants to evaluate GPU-ready retrofits. (reuters.com)

Industry analysts say the pivot is existential. April 2024’s fourth halving chopped block rewards to 3.125 BTC, shrinking miner revenue just as network difficulty hit record highs. By leasing idle megawatts—or fully converting halls—operators lock in dollar-denominated cash-flows while retaining the option to resume mining if margins rebound.

“Miners spent the last cycle amassing land, switchgear and transformers. AI is about to pay them for it.” —Greg Miller, Citizens JMP (research note quoted in multiple sector briefings)

Why it matters

• Grid relief: Every gigawatt shifted from speculative hashing to AI compute eases ERCOT’s peak-load stress and shortens transmission-upgrade timelines. (datacenterdynamics.com)
• Cap-ex savings for cloud firms: Retrofitting a mining hall is months faster—and currently 30-40 % cheaper—than green-field construction, analysts estimate. (govtech.com)
• Dual-revenue model: Miners keep upside to future BTC price spikes while monetizing power capacity today.

The roadblocks

• Cooling retrofits: Air-cooled ASIC barns must be re-engineered for liquid-cooled GPU clusters, at up to \$3 M per MW in conversion costs. (driehaus.com)
• Policy risk in Texas: Lawmakers are weighing caps on industrial load-flex credits after recent grid-stress events, which could dent miners’ ancillary revenue. (dallasnews.com)

Bottom line: Once-beleaguered Bitcoin mines may become critical real estate for the surging AI sector—turning yesterday’s crypto boomtowns into tomorrow’s compute hubs while giving miners a much-needed new income stream.

@ 45ea632c:bb0b4fa1

No mundo do entretenimento digital, a inovação e a experiência do usuário são fatores determinantes para o sucesso de uma plataforma. A Win44 surge como uma das opções mais promissoras do mercado brasileiro, oferecendo uma experiência completa e diferenciada para quem busca diversão, praticidade e oportunidades de ganhos reais. Com uma interface moderna, variedade de jogos e suporte de alta qualidade, a Win44 tem se destacado entre as preferidas dos jogadores.

Uma Plataforma Moderna e Intuitiva Desde o primeiro acesso, a Win44 impressiona pelo seu design moderno, navegação fluida e compatibilidade com diferentes dispositivos. Seja no computador, tablet ou smartphone, a plataforma se adapta perfeitamente, garantindo uma experiência sem interrupções e totalmente otimizada.

Além da estética, a funcionalidade também chama atenção. Os menus são organizados de forma clara, facilitando a busca por jogos, promoções e informações da conta do usuário. Isso é ideal tanto para iniciantes quanto para jogadores mais experientes, que valorizam a praticidade no dia a dia.

Variedade de Jogos para Todos os Perfis Um dos grandes diferenciais da win44é a sua biblioteca de jogos, que abrange diferentes gostos e estilos. A plataforma conta com opções que vão desde os clássicos de mesa até os jogos de azar mais populares, todos desenvolvidos por fornecedores renomados da indústria.

Entre os destaques, estão os jogos de cartas como pôquer, bacará e blackjack, além de uma ampla seleção de jogos de roleta e máquinas de giros com diferentes temáticas e dinâmicas. Os gráficos são envolventes, com animações fluidas e efeitos sonoros que aumentam a imersão do jogador, proporcionando uma experiência realista e empolgante.

Outro ponto positivo é a presença de jogos ao vivo com crupiês reais, o que adiciona uma camada extra de emoção e interação, aproximando ainda mais o jogador da atmosfera dos grandes centros de entretenimento internacionais.

Experiência do Jogador em Primeiro Lugar A Win44 investe constantemente na qualidade do atendimento ao usuário e na segurança da plataforma. O suporte está disponível 24 horas por dia, todos os dias da semana, com atendimento em português e canais de fácil acesso, como chat ao vivo e e-mail.

No quesito segurança, a plataforma utiliza tecnologia de criptografia avançada para proteger todas as transações e dados dos usuários, garantindo total confidencialidade. Além disso, o processo de registro é simples e rápido, permitindo que o jogador comece a se divertir em poucos minutos.

Outro ponto muito valorizado pelos usuários é a variedade de métodos de pagamento e saque. A Win44 oferece suporte a diversas opções, incluindo transferências bancárias, carteiras digitais e até pagamentos via PIX, que têm ganhado grande popularidade no Brasil por sua rapidez e conveniência.

Bônus e Promoções Atrativas Para tornar a experiência ainda mais interessante, a Win44 oferece uma gama de promoções e bônus regulares. Novos usuários podem aproveitar ofertas de boas-vindas que aumentam o saldo inicial, enquanto jogadores frequentes têm acesso a promoções sazonais, sorteios e programas de fidelidade.

Essas vantagens não apenas elevam o nível da diversão, mas também aumentam as chances de obter bons resultados durante as partidas.

Conclusão A Win44 é uma plataforma completa que combina tecnologia, diversidade e um atendimento de excelência para proporcionar a melhor experiência de entretenimento online. Com um ambiente seguro, jogos variados e uma interface amigável, ela se consolida como uma das principais escolhas para jogadores brasileiros que buscam diversão de qualidade.

@ da0b9bc3:4e30a4a9

Hello Stackers!

Welcome on into the ~Music Corner of the Saloon!

A place where we Talk Music. Share Tracks. Zap Sats.

So stay a while and listen.

🚨Don't forget to check out the pinned items in the territory homepage! You can always find the latest weeklies there!🚨

🚨Subscribe to the territory to ensure you never miss a post!

https://stacker.news/items/997645

@ 502ab02a:a2860397

ย้อนกลับไปเมื่อไม่กี่ปีที่ผ่านมา… มีบริษัทหน้าใหม่จากสหรัฐอเมริกาที่ชื่อไม่คุ้นหู แต่เสียงเงียบๆ ของมันดังไปถึงหูนักลงทุนรายใหญ่ระดับโลก ชื่อของมันคือ Motif FoodWorks

มันไม่ได้มาพร้อมคำสัญญาว่าจะเลี้ยงวัวด้วยดนตรีบำบัด แต่มาพร้อม “ความทะเยอทะยานทางวิทยาศาสตร์” ที่จะเปลี่ยนวิธีที่โลกกินไปตลอดกาล ไม่ใช่ด้วยรสมือคุณยาย แต่ด้วยสารเคมี วิศวกรรมชีวภาพ และเงินลงทุนที่แทบมองไม่เห็นก้นถุง

Motif FoodWorks ก่อตั้งในปี 2019 ในฐานะบริษัทลูกของ Ginkgo Bioworks ซึ่งเป็นบริษัทไบโอเทคชื่อดังจากบอสตัน วิสัยทัศน์ของ Motif คือการ “ออกแบบอาหารใหม่จากศูนย์” โดยไม่ต้องพึ่งพิงวัตถุดิบจากสัตว์เลย พวกเขาใช้เครื่องมือระดับห้องแล็บสร้างส่วนผสมใหม่ๆ เช่น… HEMAMI™ สารรส “อูมามิ” ที่ผลิตจากยีสต์ที่ถูกดัดแปลงพันธุกรรมให้สร้างโมเลกุล heme (แบบเดียวกับในเลือดสัตว์) APPETEX™ โปรตีนจากพืชที่ถูก “ทำให้เด้ง” เหมือนเนื้อสัตว์ ด้วยเทคนิคทางชีววิทยาโมเลกุล

มันคือการพยายามตอบคำถามว่า “จะทำอย่างไรให้ของที่ไม่ใช่เนื้อ…มีรสชาติเหมือนเนื้อ?”

เงินลงทุนรอบ Series A ของ Motif ทะลุ 200 ล้านดอลลาร์ภายในเวลาไม่กี่ปี ลงทุนโดยกองทุนสายเทคโนโลยีและ VC รายใหญ่ รวมถึงบริษัทผลิตอาหารรายใหญ่ระดับโลกที่เฮียคุ้นชื่อ แต่ที่น่าสนใจว่า ลูกค้ารายใหญ่ของ Motif กลับไม่ใช่ผู้บริโภคโดยตรง แต่เป็น บริษัทผลิตอาหาร “ทางเลือก” รายอื่นๆ ที่ต้องการสารปรุงแต่งใหม่ๆ เพื่อให้ผลิตภัณฑ์ให้ดูน่ากินขึ้น

ถ้า Impossible Foods คือร้านอาหาร Motif FoodWorks คือโรงงานผลิต “เครื่องปรุง” ที่จะทำให้ร้านอื่นๆ ทำอาหารเลียนแบบเนื้อได้อร่อยขึ้น มันคือ “เคมีแห่งความอร่อย” ที่ขายเป็น B2B ไม่ใช่ B2C ฟังดูแล้วเหมือนจะดีกับโลกไม่ต้องฆ่าสัตว์แต่ยังได้รสเนื้อ แต่คำถามคือ…

“ถ้าเราสร้างรสชาติที่เหมือนเนื้อจากยีสต์ดัดแปลงพันธุกรรม แล้วให้คนกินมันคือความก้าวหน้าทางวิทยาศาสตร์ หรือการทดลองที่ไม่มี IRB?”

Motif FoodWorks ใช้เทคโนโลยีเดียวกับหลายบริษัทในสาย Bioengineered Food เช่น CRISPR, precision fermentation, synthetic biology โดยเฉพาะ HEMAMI™ ที่หลายคนในวงการตั้งคำถามเรื่องความปลอดภัยระยะยาว และผลกระทบต่อ gut microbiome แม้จะผ่านการรับรอง GRAS (Generally Recognized As Safe) จาก FDA แต่ “ความปลอดภัย” กับ “ความเหมาะสม” มันเป็นคนละเรื่อง

การเปลี่ยนเนื้อให้เป็นสารสกัดการออกแบบรสชาติด้วยโมเลกุลมันคือแนวคิดเดียวกับที่ Ultra-Processed Food ใช้ในการสร้างน้ำอัดลมที่มี “กลิ่นมะนาว” โดยไม่มีมะนาวเลยแม้แต่นิด

Motif จึงไม่ต่างอะไรกับการ “รีแบรนด์ของให้ดูไฮเทค” หรืออีกนัยหนึ่งคือการเอาวิทยาศาสตร์ไปสร้างรสชาติ เพื่อให้ “ของที่ไม่ใช่” ดูเหมือน “ของที่ใช่”

และสิ่งนี้อาจเป็นอาวุธที่ทำให้มนุษย์ยิ่งห่างจาก real food แบบไม่รู้ตัว

การเกิดขึ้นของ Motif ไม่ใช่ความบังเอิญแต่มันคือชิ้นส่วนหนึ่งในเกมของ Big Food ที่กำลังพยายามออกแบบ “อาหารแห่งอนาคต” ไม่ใช่เพื่อสุขภาพ แต่เพื่อ ต้นทุน ความควบคุม และการขยายสิทธิ์ในทรัพย์สินทางปัญญา เพราะเมื่ออาหารถูกออกแบบด้วยสูตรที่จดสิทธิบัตร บริษัทจะสามารถเก็บค่าลิขสิทธิ์ได้ เหมือนที่ Microsoft เก็บเงินจากทุกเครื่องคอมพิวเตอร์ที่ลง Windows

แต่นั่นก็ไม่ใช่เรื่องแปลกใหม่อะไร เพราะเราก็ทำความรู้จัก future food มาด้วยกันพอสมควรแล้ว ประเด็นของ Motif นั้นมันทำให้เรารู้ว่า ในฝูงของนักล่า เขาไม่ได้แบ่งชิ้นเนื้อกันครับ การเป็นจ่าฝูงของนักล่า มันห้ำหั่นกันแบบเจ้าหมาป่ากันในแบบที่ สมันเหยื่อแบบพวกเรา รอวันโดนขย้ำเท่านั้น แล้วจะมาเล่าให้พรุ่งนี้ครับ

สำหรับวันนี้ ถ้าอยากเห็นสิ่งที่ Motif ทำไว้สามารถดูได้คลิปนี้ https://youtu.be/zZeRIVK6dDI?si=PYliM0v-9kj_sRE4 #pirateketo #กูต้องรู้มั๊ย #ม้วนหางสิลูก #siamstr

@ e2c72a5a:bfacb2ee

Think AI in crypto is just hype? It's secretly battling blockchain's biggest threat: cybercrime.

AI is revolutionizing crypto security. It learns attack patterns faster than any human, predicting threats before they strike. Imagine AI as your crypto bodyguard, constantly evolving to outsmart hackers.

Basic concepts? AI analyzes data to spot anomalies, like unusual transaction patterns. Real world? AI flags suspicious wallets and prevents fraud. Trends? AI is getting better at detecting sophisticated phishing scams and malware. Best practices? Use multi factor authentication and stay informed about the latest threats. Misconceptions? AI isn't a magic bullet; it needs human oversight.

Ready to level up your crypto security game? Explore AI powered security tools today.

@ d9a329af:bef580d7

Shabbat Shalom, y'all.

At the time of writing and releasing this, it happened to be a Lunar Shabbat, which is actually Torah (much to the chagrin of those who practice Shabbat on a Saturday or Sunday exclusively). The Shabbat is always on the 8th, 15th, 22nd, and 29th days of a Hebrew Calendar month, which almost nobody follows anymore. I started doing this a few months ago, and it's made me see the Torah for what it really is.

To the topic at hand, though. A lot of people on Nostr don't seem to understand the historical narrative of the book of Revelation, which saddens me, as we're in the end times Ekklesia (Assembly) era of Laodecia.

Deception of Bible Translations

First off, the reason why most people trust their pastors and/or read differently to what I do in Nazaritic circles is because of translations of the Scriptures that are evil, wretched and Catholic. The best way to combat this is to make some recommendations of which versions you'll want to use that aren't Catholic-infested.

These are the ONLY recommended versions to read. Anythine else is bupkus, evil and garbage, and will teach you futrism or preterism, both of which are Jesuit-penned deceptions.

The recommended versions are as follows: - KJV 1611 (KJV1611) - 1560/1590 Geneva (GNV) - American King James 1901 (AKJV) - J.P. Green Sr.'s King James Version (KJ3) - Young's Literal Translation (YLT)

These are versions I've read, and determined are evil, wretched and garbage: - New International Version (NIV) [Fun fact: The publisher of the NIV, Zondervan, has a sister publisher that is behind the Satanic Bible's publishing] - New Living Translation (NLT) - English Standard Version (ESV) - ISR The Scriptures 2009 Third Edition with Minor Revisions [2016] (ISR2009) - New American Standard Bible (NASB) - New King James Version (NKJV)

What is the Laodecia Era for the Ekklesia?

As a refresher, this time sees people saying they're rich in truth and that they have need of nothing, but this shows that they're wretched, miserable, naked and wicked. Why is this? The need of nothing points to not needing another explanation other than the false futuristic viewpoint, whereas being rich is connected to already knowing the truth about the historical fulfillment of Revelation, which many people don't know at all. I seriously grieve their loss, for they know not what they do.

I'm also new into this viewpoint, and most of what I'll be talking about is proven by historicist prophet David Nikao Wilcoxson on YouTube and Facebook (I don't use Facebook). This single Nostr article, I pray, is the starting point for understanding why I call out what I call out, and the patterns I see pointing to the Roman Catholic Church (the Tares) and the Jesuit Order (the current rulers of our world, the Earth Beast of Rev. 13) being the harlots that will be plucked out before Messiah's return.

The 70th Week of Daniel

Let us start first with the 70th Week of Daniel, which futurists believe is pointed towards a 7 year period where a one-man antichrist makes a peace deal for Israel.

This was proven to be untrue, as this is a deception that many people have fallen for, thus obeying the Pope (the Mark of the Beast on the right hand). What Daniel was talking about was not the end times, but rather, two-fold. The first is that he was asking about when Yevah would free the Jews from slavery (since they were in the Babylonian Beast Kingdom at this time). The second is when Messiah would come in the flesh and start a 7 year period from 27-34 AD, which is the final 7 year period of this 490 year cycle. King Artaxerxes I would go ahead and call for the rebuilding of Jerusalem in 476 BC (as is seen in Ezra), which would be the first 7 weeks (the first 7 Shemita [Shabbat year] cycles). Afterwords, we would see another 62 weeks (this period is a slient period), and then another period of 1 week. This week points to Messiah's ministry and death.

3 1/2 years into this 70th week (in 31 AD) is when Messiah would be nailed to the cross on March 13 of 31 AD (I'm still debating if the cross is a symbol of Tammuz or not). This was Passover in the Hebrew calendar year of 3790. He was 33 years of age when he was nailed, and then rose again 3 days later (on the 16th of Nisan in 3790). That Passover fell on a Monday (when the Romans were using the 8-day calendar instead of the 7-day calendar we've essentially been forced to use).

To prove the above, Wilcoxson had produced a series of videos regarding the 70th Week of Daniel (that being the 70th Week of Daniel Decoded series), which I would recommend you watch. You'll also want to find an audiobook version of Seventy Weeks: The Historical Alternative produced by Tearing Down Idols. These are the two pieces of proof I have to show this. Speaking of Wilcoxson, he had already produced books on these matters, as understanding the hostorical narrative of the Scriptures is the key to making war with the Roman Catholic Church and the Jesuit Order, especially now that we're in Laodecia.

The Olivet Discourse

The second part of this trifecta has to do with the Olivet Discourse of Matthew 23, which points to the destruction of Jarusalem by Rome for Israel's unfaithfulness to Yevah's instructions. Now, there are connections to parables that basically talk about the Yewish (Yew as in Yewtree worship) leaders (particulaly the Pharisees and Saducees) practicing the Tradition of the Elders (which are the Babylonian Talmud and the Egyptian Kabbalah of today), and for not understanding that this was Messiah, they were destroyed for their iniquities. I don't care to research the futurist narrative on this, as I know it is full of twisted words and word salad sorcery.

Wilcoxson proves what I've said in the Olivet Discourse Decoded series of videos, so that's where I'll point you to when you have an open heart, open eyes and open ears. Many futurists won't, because they are exactly what Messiah described in the Ekklesia era of Laodecia.

Revelation and Its Prophecies

Finally, there's Revelation (what used to be called Apocalypse). When looking into this book, you realize that it's really a 4-layered war manual for how to fight this war against the Roman Catholic leadership and the Jesuit Order. This also shows how you can harvest souls (the harvest points to a mass exodus of Roman Catholicism membership). This I will go in depth on, and will even have passages to back this up.

Layer 1: The Roman Beast Kingdom

The first layer of this 4-layered manual shows the phases of the Roman Empire, which never really disappeared. Rev. 12 described the Roman Empire, which was used to wipe out the early Ekklesia (the woman), murdering millions of Nazarites. The Seals point to the incline (for the Four Horsemen of the Apocalypse) and decline of the Roman Empire (the other three Seals), while the Trumpets point to the official Roman Empire's downfall. This would be split into 10 separate kingdoms in Europe, which would be countered by the creation of Christianity, which is really any of the 44k+ forks of Roman Catholicism. This was done to destroy the Ekklesia, as the Roman Catholic Church is the Tare field that Messiah had talked about in the parable of the Wheat and the Tares.

Staying in this layer, the Sea Beast is the next phase. This is the 1,260-year reign of the Pope (538-1798), as he was the one who plucked out 3 kingdoms who didn't bow to his authority (the Heruli, the Huns and the Ostrigoths). Keep in mind that this started after the removal of the restrainer in 476 (pointing to the removal of the final Western Roman Emperor), and healed the deadly head wound (pointing to the Pope rising to power out of a sea of people). During this reign, he took the title of Pontifex Maximus, as he had civic and ecclesiastical power over everyone. This would be the healing of the deadly head wound, as shown earlier in this beast. He would pretend to be the leader of the Ekklesia, thus sitting in the Temple of Yevah, though he's the son of perdition, as he proclaims to be Yevah, forgive sins and provide salvation through works alone, which is blasephemous to begin with. The persecution of the Nazarites also prove them to be anti-Moshiach (Messiah). They also have the title of Vicar of Christ, which in the Latin is Vicarus Filii Dei, which is equal to 666 when calculated using a form of gematria I have no idea about. He would ultimately be removed from power by the Earth Beast in 1798, after he basically limited the power of the Jesuit Superior General and his minions. As stated before, the Mark of the Beast is reverence (forehead) and obeisance (right hand) to the Pope.

Finally, the Earth Beast of Revelation 13 points to the Jesuit Superior Geneal rising out of the earth (which is the land) of the Antichrist Beast Pope, the Vatican. These two horns pretend to serve Messiah (lamb) but are really Lucifarians (the dragon), serving Lucifer. The Black Pope, as the Jesuit Superior General is called, used his power to gether the world under him. That's why he uses Washington D.C. (the District of the Roman goddess, Columbia), his war machine (Military Indurstial Complex), to overthrow leaders who won't bow to his authority and those who won't set up a Rothschild central bank; much less obey the Khazars, who he also controls (I happened to be a partial German Khazar who escaped the grasp of the Black Pope as best as I know thus far).

Layer 2: The Ekklesia Eras

Now comes the eras of the Ekklesia. There are seven of them, though I've already explained the era of Laodecia. How about I give a quick explanation of the first six eras, like so?

Ephesus would spread the gospel in the Roman Empire, with their love growing cold when Messiah didn't return.

Smyrna had 10 years of persecutions from 303-312, which is what the 5th seal points to.

Pergamos would fall away (2 Thess. 2) from the Scriptures when compromising with Rome (Mark of the Beast as I had explained)

Thyatira means ruled by a woman. This means, the Roman Catholic Church would do this, as the Popes sought to eliminate the two witnesses, which are the Nazarites and the printed Scriptures (the little book or Rev. 10). This was why they killed the Nazarites and bured the printed Scriptures ruthlessly enough, that they were classified as "dead" in 1514. The Popes would hold great feasts to celebrate the removal of the two witnesses after they got all of Christendom under their control.

Sardis means escaping one, which points to Messiah calling them dead after 3 1/2 years from the Pope's classification of the death of the two witnesses. Luther's 95 Thesis sparked the Protestant Reformation, which would lead to the resurrection of the two witnesses (the Nazarites and the printed Scriptures).

Philidelphia had nothing bad that Messiah said about them... at all. They led worldwide missions, and also led Bible Societies to spread the word and/or the gospel to save millions of people from the clutches of the Jesuit Superior General (and the Roman Catholic Church as a whole).

As a refresher for Laodecia (the era we're in right now), the Nazarites here believe that they are rich in truth, and that we have need of nothing. This is false, as we are in dire need of something, which is an alternative explanation that's not the false futuristic or preteristic explanations of the book of Revelation. We are blinded by the Jesuits, as they have decieved us (we let them do this, by the way) with false prophecy explanations among other deceptions.

Layer 3: Seals, Trumpets and Bowls

The Seals, Trumpets and Bowls are the judgements against the Roman Beast Kingdom. To keep things short, every single Seal was fulfilled, 6 of the Trumpets were fulfilled, and 5 of the Bowls were fulfilled. We're in the 6th Bowl, waiting for a global economic collapse and WW III. Once these occur, then do we go into the 7th Bowl judgement against the Roman Catholic Church and the Jesuit Order (the New World Order).

One quick thing I'll mention is that when I talk about the two witnesses here, one of them is the little book of Rev. 10. This points to the printed Bible, which was brought back to life thanks to the printing press. Martin Luther would measure the temple and find that the Papal Church is the apostate harlot. Rev. 14 points to the Bowls and the harvest. This harvest points to millions coming out of the Roman Catholic Church, though there are 1.3 billion Catholics... and we have a long way to go in getting them out of her, My people.

Remember when I talked about the Khazars earlier in this article? They are the Kings of the East that Yeshua pointed to in the 6th Bowl. The Ottoman Empire is the Euphrates River here, and it's dried up in 1922, only with Turkey remaining. Gog is already dead, as that's Lord Rothschild. Magog points to the Kings of the East. 2 of the 3 spirits have already been fulfilled (these are World Wars I and II).

Now, let me quickly point out the fact we're in the kingdom of Iron and Clay. The Iron points to the Roman Bishops, and the Clay is Islam. However, furutists will tell me I'm an idiot, and that the Iron and Clay mixture is transhumanism. This was proven to be false, as the 5th Trumpet was the rise of the Clay (Islam). The Catholics, however, wrote the Qur'an and proped up Mohhamed as their prophet. ISIS and Al Qaeda are controlled by the Jesuit Order, which is why they do what they do as terrorists... for they are Wahhabi Muslims (in other words, Mizrahi Khazars who are also Jesuits, claiming to be Arabs, when they're not).

Islam is designed to prevent Arabs from having a relationship with Messiah, which makes me really sad. Muslims will be used to kill Christians and Jews in WW III and force us into the New World Order, which will backfire on the Jesuits and Roman Bishops.

Layer 4: The Harlot Church

Rev 17:10 talks about 7 forms of government. Five had fallen by the time Revelation was written, the 6th (the Roman Emperors) fell in 476, and the 7th lead for a short space until 538.

The 8th head is the Pope, who rose to power out of the Roman Empire. Look up what the priests in the Catholic Church wear, and what they use. Does that sound familiar when you read Revelation? If it does, that's exactly the description of the Sea Beast, and how his priests dress and do their rituals.

Then comes the Black Pope. He empowers and enriches the kings of the earth, as they were used by Lucifer to carry out the Bowl judgements, and will carry out the New World Order, caugins themselves and the Roman Cathoic Church to be judged big time. This we are waiting for.

Conclusion

Hopefully this long read helps you see where I'm coming from, and I pray it helps you to start testing the scriptures against what I've said, and what Wilcoxson had said. If it is proven in your heart that you were fooled, you're on the right path in my opnion. I may be wrong, but this is where I stand.

@ 5d4b6c8d:8a1c1ee3

How did the stackers do on their ~HealthAndFitness journeys today?

I did very well: Slept well? Check Stuck to fast? Check Ate healthy? Check Activity target? Checkarooni

The one oddity I need to work on is that I got a foot cramp while playing turtle tag with my daughter.

https://stacker.news/items/997476

@ 9ca447d2:fbf5a36d

Vice President JD Vance spoke to a packed crowd at the Bitcoin 2025 Conference in Las Vegas.

He said that the Biden era of digital assets crackdown is over, and the Trump administration is all in on Bitcoin, stablecoins and blockchain.

In an inspiring speech on May 28, JD Vance said:

“This isn’t a gathering of people—it’s a movement. And I’m proud to stand with you today.”

The annual Bitcoin Conference, one of the biggest events in the Bitcoin world, drew thousands of investors, industry leaders and policymakers.

Vance’s speech was the main event and made it clear that digital assets are now a priority for the White House.

JD Vance at Bitcoin 2025 — CNBC

Vance outlined three main goals for the administration’s digital asset policy:

• End anti-digital-asset regulations
• Pass stablecoin legislation through the GENIUS Act
• Create clear and friendly rules for the Bitcoin industry

He blamed past regulations for holding back innovation and said that era is over.

“Under the guise of ‘consumer protection,’ Gary Gensler attacked every attempt to democratize finance,” Vance said. “That ends now.”

Gensler stepped down in January and Trump has since appointed Paul Atkins to lead the agency with a more Bitcoin-friendly approach.

“Maybe the most important thing that we did for this community, we reject regulators and we fired Gary Gensler,” Vance added. “And we’re going to fire everybody like him.”

Much of Vance’s speech at Bitcoin 2025 focused on stablecoins – digital assets tied to the U.S. dollar. He called them a tool to grow the economy, not a threat.

“Let me be emphatic—this administration does not think that stablecoins threaten the integrity of the United States dollar. Quite the opposite. We view them as a force multiplier of our economic might,” he said.

The GENIUS Act, recently passed in the House, would regulate stablecoins by setting reserve requirements and transparency.

According to Vance, it would bring stablecoin activity back to the U.S. while protecting consumers.

JD Vance said millions of Americans already own bitcoin and that number will double soon.

“I believe it’s 50 million Americans own bitcoin, and I believe that’s going to be 100 million before too long,” he said.

He also talked about his personal history with Bitcoin.

“The first time I’d ever enter politics, back in 2022 … one of the frustrations I had with the crypto community … was [being] one of the only people running for office who actually owned bitcoin,” he said.

“and I still own a fair amount of bitcoin today.”

He celebrated bitcoin’s recent price surge and thanked companies like Coinbase for organizing the conference.

He thanked Bitcoin advocates like David Bailey and the Winklevoss twins for their support during the 2024 Trump campaign.

One of the best lines of the speech was when JD Vance declared an end to what the Bitcoin community has called “Operation Chokepoint 2.0”.

It’s a term used to describe what many saw as government efforts to cut off Bitcoin companies from banking services.

“Operation Chokepoint 2.0 is dead, and it’s not coming back under the Trump administration,” he said.

He framed the battle over Bitcoin adoption as not just about finance but also about civil liberties.

“Crypto is a hedge—against bad policymaking, against inflation, and against discrimination,” he said.

He referenced Canadian truckers and “debanking” incidents in the U.S. as examples of how digital assets can protect from government and corporate overreach.

The Vice President warned that regulatory clarity is needed now, or else, the $3 trillion digital asset industry will move overseas.

“If we fail to create regulatory clarity now, we risk chasing this $3 trillion industry offshore in search of a friendlier jurisdiction,” he said. “President Trump is going to fight to make sure that does not happen.”

He ended with a call to action for the Bitcoin community to stay involved in politics.

“If you don’t get involved in politics, politics will ignore you,” he said. “Let’s not wake up 10 years from now in a poorer, weaker country because we made bad decisions today.”

Vance’s speech at Bitcoin 2025 was a big moment of alignment between the United States government and the Bitcoin industry.

With new laws, friendlier regulators and the White House on board, it’s clear that Bitcoin is now on the national agenda.

As he said: “Crypto finally has a champion and an ally in the White House.”

@ a296b972:e5a7a2e8

In dem Video geht es um Dietrich Bonhoeffer, wie er sich zu Dummheit und vorsätzlicher bzw. rationaler Ignoranz geäußert hat. Schon seit einiger Zeit geht bei vielen Seltsames vor: Sie werden mit einem Thema persönlich konfrontiert und postum gibt es genau zu diesem Thema ein Video oder einen Artikel. Das kommt manchmal so vor, wie ein Frage- und Antwort-Spiel innerhalb der Schwarm-Intelligenz. Irgendwie spooky.

Die erschreckende Theorie der Dummheit, die Sie nie hören sollten - Dietrich Bonhoeffer: https://www.youtube.com/watch?v=PH-Vs5ILEko

Dem Entdecken, oder besser, dem Auf-einen-Zukommen, ist dieser E-Mail-Schriftverkehr in zeitlichem Zusammenhang vorausgegangen:

Nachfrage zu einem Aufruf durch einen Mitarbeiter zur Blutspende in einem Unternehmen mit über 100 Mitarbeitern über den E-Mail-Verteiler:

Lieber XXXXXXX,

danke zunächst für Dein Engagement.

In meiner näheren Familie gibt es jemanden, der regelmäßig Blut spendet, daher bin ich ein wenig für das Thema sensibilisiert.

Seit Du die E-Mail verschickt hast, gehe ich damit „schwanger“, ob ich ein vielleicht „heißes Eisen“ anfassen soll.

In den angehängten Informationen (des Roten Kreuzes) steht, dass das gespendete Blut auf bestimmte „Verunreinigungen“ durch Vorerkrankungen untersucht wird. Was nicht aufgeführt ist, ist eine Untersuchung, von der ich noch nicht einmal weiß, ob sie überhaupt schon durchgeführt wurde, und wenn ja, zu welchem Ergebnis sie gekommen ist, ob das gespendete Blut auch mit Substanzen der Corona-Gen-Behandlung verunreinigt sein kann. Leider zeigen ja die aktuellen Erkenntnisse, dass das Spike-Protein noch nach Jahren aktiv sein kann. Auch in gespendetem Blut? Die konkrete Frage wäre, ob das Rote Kreuz definitiv ausschließen kann, dass das nicht der Fall ist, damit ein möglicher Schaden nicht die Gefahr läuft, größer zu sein, als der Nutzen.

Soweit ich weiß, hat das Rote Kreuz bis heute keine separaten Blutbanken von „geimpftem“ und „ungeimpftem“ Blut angelegt. Wenn zu 100% ausgeschlossen werden kann, dass keine schädlichen Substanzen der Gen-Behandlung in die Blutkonserve gelangen, wäre das ja natürlich nicht nötig. Ist das so? Wenn ja, wo ist der Nachweis dazu zu finden, wie ist der aktuelle Erkenntnisstand, von wem wurden Studien dazu erarbeitet, wer hat das finanziert?

Mindestens 20% der Bevölkerung, das sind rund 16 Millionen Menschen, haben auf die Gen-Behandlung verzichtet und wollen im Ernstfall kein kontaminiertes Blut empfangen. Wie kann das Rote Kreuz belegbar und glaubhaft nachweisen, dass möglicherweise verunreinigtes Blut nicht doch in die Blutkonserven gelangt, weil sonst die Gefahr besteht, dass im Ernstfall Impfverzichter einen Schaden davontragen könnten?

Ich finde das eine wichtige Frage dem Roten Kreuz gegenüber und vielleicht wäre es auch gut, die möglichen Spender im Vorfeld für dieses heikle Thema zu sensibilisieren. Ich finde es auffällig, dass das Rote Kreuz sich hierzu weder in die eine, noch andere Richtung in den Informationen äußert, obwohl sie uns alle betrifft.

Ich schreibe diese Email aus kollegialen Gründen, aber auch zur Sensibilisierung gegenüber der Verantwortung aller Menschen gegenüber ihren Mitmenschen, die (hoffentlich nie) in die Situation kommen, einmal auf eine Blutspende angewiesen zu sein.

Wenn sich etwas Neues auf meine Nachfrage an Dich ergibt, wäre es klasse, ich würde davon erfahren.

Vielen Dank und viele Grüße

YYYYYYY

(Die Intension war, sich so vorsichtig wie möglich, quasi auf „Samtpfötchen“, an den Kern heranzupirschen. Dass es bereits Erkenntnisse dazu gibt, dass das Blut kontaminiert sein kann, wurde bewusst weggelassen, um keine Angriffsfläche zu bieten, ein „Verschwörungstheoretiker“ zu sein. Wenn die andere Seite auf einen Austausch eingestiegen wäre, wäre eine Quelle zu dieser Aussage vorhanden gewesen.)

Die Antwort:

Hallo YYYYYYY,

danke für die ausführliche Nachricht und dass du dir Gedanken zu dem Thema machst. Ich finde, man sollte Blutspenden als eine persönliche und private Sache betrachten.

Jeder und jede sollte für sich selbst abwägen, ob und unter welchen Bedingungen er oder sie das tun möchte.

Die Fragen, die du gestellt hast, sind echt speziell. Da geht's um medizinische und wissenschaftliche Themen, da kann ich als Privatperson nicht mitreden. Ich denke, dass sich Interessierte bei solchen Themen am besten direkt an medizinische Fachstellen oder das Rote Kreuz vor Ort wenden sollten, um fundierte und belastbare Informationen zu erhalten.

Mir persönlich ist es wichtig, Menschen auf die Möglichkeit der Blutspende aufmerksam zu machen.

Jeder kann das für sich selbst entscheiden und es ist auch okay, wenn man dabei Überzeugungen hat.

Beste Grüße

XXXXXXX

(„Blutspende…eine persönliche und private Sache“, nach dem Corona-Ereignis auch noch?, „…ich als Privatperson“ empfehle anderen etwas, bei dem sie möglicherweise anderen einen Schaden zufügen. Ist das schon grob fahrlässig, nach den Denkanstößen, die gegeben wurden?, „Wenn man dabei Überzeugungen hat.“, interessante Formulierung.)

Darauf die Reaktion:

Hallo XXXXXXX,

danke auch für Deine Antwort.

Wenn so eine im Grundsatz sicher gute Aktion beworben wird, liegt es nach meinem Empfinden auch in der Verantwortung, auf mögliche Folgen hinzuweisen, wenn es das Rote Kreuz schon nicht tut. Vorausgesetzt, man misst ihnen Bedeutung zu. Wenn meine E-Mail keine Veranlassung zu einer Beunruhigung und eigener Recherche angeregt hat, dann kann ich leider mehr nicht tun.

Dass das Rote Kreuz keine Hinweise gibt, liegt wohl daran, dass es Teil des Systems ist. Wer die Augen aufmacht, kann mit wenig Aufwand leider mehr als genug Tatsachenwahrheiten finden, die mit Schäden im Zusammenhang der Gen-Behandlung verursacht wurden und immer noch verursacht werden. Es ist nicht meine Aufgabe, einen Wissensrückstand von 5 Jahren auf den aktuellen Stand zu bringen. Allein die veröffentlichten RKI-Protokolle sollten schon genug Anlass zur Skepsis bieten. Der ÖRR berichtet leider nicht darüber, weil er auch Teil des Systems ist.

Ich will es damit genug sein lassen und hoffe, dass es unter den Kolleginnen und Kollegen noch weitere kritische Geister gibt.

Es geht nicht gegen Dich persönlich, aber ich hoffe, das Angebot wird nicht zahlreich genutzt.

Viele Grüße

YYYYYYY

(Einen halben Gang hochgeschaltet, ein Versuch, XXXXXXX aus der Reserve zu locken.)

Und ein Nachtrag von YYYYYYY:

Lieber XXXXXXX,

wir sind schon einmal unter Missbrauch des Begriffes „Solidarität“ hinter die Fichte geführt worden. Das darf nicht noch einmal passieren!

Nochmals viele Grüße

YYYYYYY

(Keine Reaktion mehr von XXXXXXX)

Und, wie gesagt, daraufhin kam das Video mit Bonhoeffer entgegen. Besser kann man vorsätzliche, rationale Ignoranz in Bezug auf den Schriftwechsel nicht beschreiben.

Hier wird eine jeden angehende allgemeinmedizinische Frage zu einer Frage der persönlichen Überzeugung gemacht. Das kommt doch sehr bekannt vor, oder?

Sehr wahrscheinlich lässt es sich vermuten, dass es sich bei XXXXXXX wohl um einen Corona-Jünger handelt, der die Tatsachen scheut, wie der Teufel das Weihwasser. Bloß nicht nachdenken, bloß nicht in Frage stellen, bloß nicht hellhörig oder gar neugierig werden, bloß nicht auf die Äußerungen eingehen, bloß nicht konkret werden, bloß keine eindeutig formulierte Stellung zu den Aussagen beziehen. „Angriffsfläche“ wäre vorhanden gewesen.

Das vorsichtige Anpirschen war alles andere, als mit-der-Brechstange-herangehen. Und doch setzt sofort automatisch der Teflon-Effekt ein. Selbstschutz.

Die Frage ist, wie soll da die Spaltung überwunden werden, wenn „die andere Seite“ so überhaupt nicht bereit ist, sich mit dem Vorgebrachten auseinanderzusetzen. Noch nicht einmal, wenn man nur die Spitze der Spitze des Eisbergs leise anhaucht.

Diesem Beispiel könnten viele unzählige weitere Beispiele hinzugefügt werden. Jeder hat so etwas schon einmal auf die eine oder andere Weise erlebt.

Das Gefühl lässt sich nicht unterdrücken, dass sich die Menschheit in zwei Lager aufgeteilt hat, und es gibt derzeit keinen Weg, wie man wieder aufeinander zukommen könnte.

Wie zwei Welten aufeinanderprallen, kann man derzeit auch in der Enquete-Kommission im sächsischen Landtag erleben: https://www.youtube.com/watch?v=D6ACmwBUBFM

Aus der Sicht von YYYYYYY ist das kein Grund zur Verzweiflung, jedoch drängt sich der Wunsch auf, dass man mit solchen Menschen wie XXXXXXX nichts mehr anfangen will. Man möchte mit ihnen, so schade es auch ist, am liebsten gar nichts mehr zu tun haben, und wenn doch aus irgendwelchen Gründen, nur noch das Allernotwendigste, so kurz und knapp, wie möglich. Empathie aufzubringen erscheint einem als vergeudete Energie, besser ist es, sich auf die Menschen zu konzentrieren, die wegen fehlender Genbehandlung keine Wesensveränderungen, die mittlerweile leider auch schon bestätigt sind, erlitten haben.

Wie Bonhoeffer richtig sagt, es geht hier nicht um Intelligenz, es geht viel tiefer. Es geht um das Menschsein an sich, und man hat den Eindruck, dass vor allem dies unter dem Einfluss der Spritze sehr stark gelitten hat. Da scheint so eine Abgestumpftheit durch, die einem einen kalten Schauer über den Rücken fahren lässt. Und das ist vielleicht noch gefährlicher, als diejenigen, die wirklich dumm sind. Das ist keine Arroganz oder Überheblichkeit, sondern unschuldig, wahllos von der Natur vergebene Dummheit, die jeden hätte ereilen können, hat es immer schon zu einem großen Teil gegeben. Hier hat man wenigstens noch die Möglichkeit, sich einfühlen zu können und Verständnis aufzubringen. Bei Menschen aber, von denen man weiß, dass sie die kognitiven Fähigkeiten zur Reflektion hätten, sie jedoch aus welchen Gründen auch immer nicht nutzen, oder sie als Verdrängungsmechanismus gerade nutzen, weil sie es können, geht auch eine gewisse Gefahr aus, weil man nie wissen kann, was sie sich sonst noch so ausdenken könnten, wenn sie in die geistige Enge getrieben werden, um ja nicht von Menschen, die den Mut haben, die Wahrheit auszusprechen, in ihrem mühsam aufgebauten Weltbild erschüttert zu werden. „Was nicht sein darf, das nicht sein kann!“, obwohl doch eigentlich die Wahrheit dem Menschen zumutbar ist.

So hat man das Gefühl, man atmet Honig ein und bewegt sich mühsam durch einen zähen Brei vorwärts, der einem bis zu den Oberschenkeln reicht. Jeder Schritt eine Anstrengung.

Und bevor man noch tiefer in dieses Verlustgefühl von Lebensqualität eintaucht (das hat nichts mit Depressionen zu tun, man bekommt einfach nur schlechte Laune), sich immer wieder bewusst machen, dass es da draußen noch eine Menge bei Verstand gebliebener Menschen gibt, die unermüdlich daran arbeiten, dass die Wahrheit weiter so sehr erkraftet, dass sie sich ihren Weg in den sogenannten Mainstream bahnt und die Menschen endlich aufwachen. So schmerzlich das für viele sein mag, es muss sein!

Selbst für einen wenig religiösen Menschen, im Sinne von regelmäßigen Kirchgängen und keinem Kontakt zur Institution Kirche, bekommt der Satz eine ganz besondere Bedeutung:

„Ich schicke euch den Geist der Wahrheit, und der wird euch frei machen!“

@ b1ddb4d7:471244e7

Sati, a Bitcoin payments app and Lightning infrastructure provider, announced the launch of its Lightning integration with Xverse wallet.

Launched in 2025 with investors of the likes as Draper Associates and Ricardo Salinas, Sati powers Bitcoin payments on applications such as WhatsApp to fuel the next wave of adoption.

The Whatsapp bot allows users to send bitcoin via the messaging app through a special bot. After verifying their identity, the user selects the “send” option, chooses to pay to a Lightning address, enters the amount (1,000 sats), confirms with a PIN, and the transaction is completed, with the funds appearing instantly in the recipient wallet.

The new integration will now bring Lightning functionality to over 1.5 million people worldwide. Users can send and receive sats (Bitcoin’s smallest denomination) instantly over the Lightning Network all within the Xverse app,

Further, every xverse wallet user gets a Lightning Address instantly. That means they can receive tips, pay invoices, and use Bitcoin for microtransactions—all without having to manage channels or switch between different apps.

While Xverse adds support for Lightning, users should be cautious in using the wallet as it’s mostly known for enabling access to rug pull projects.

Initially designed in 2017, the Lightning Network has grown to become Bitcoin’s leading layer-2, with a current BTC capacity of over $465M.

“Bitcoin was not meant to be an asset for Wall Street—it was built for peer-to-peer money, borderless and accessible,” said Felipe Servin, Founder and CEO of Sati. “Integrating Lightning natively into Xverse brings that vision back to life, making Bitcoin usable at scale for billions.”

Sati expects USDT on Lightning to be supported as early as July 2025 for users accessing Sati through WhatsApp.

This integration positions Sati’s role as a Lightning infrastructure provider, not just a consumer app. By leveraging its API-based solution, the company provides plug-and-play backend services to wallets and platforms looking to add Bitcoin payments without compromising on security or UX.

Sati recently closed a $600K pre-seed round. The funding is used to support global expansion, stablecoin integration, Lightning infrastructure growth, and broader access to Bitcoin in emerging markets.

The Sati team is attending Bitcoin2025 in Las Vegas this week and looking forward to connect with bitcoin enthusiasts.

@ 5c26ee8b:a4d229aa

Since late December, 2024, an evil magic attack targeted me and my family as well as many people occupying governmental positions. The attack was involving the Antichrist that was on an unreachable island found by me telepathically. Sadly the information about the Antichrist reached some Russian Oligarchs Among which many Jews. And somehow he was contacted by them as well as many other Antichrist Allies among which Royal families and he led the magic attack even though magic mixed with AI and computer technologies. The attack consisted in whispering of the devils, of mankind (Antichrist allies) and jinns. Physical harm was attempted too although so weak for any significant effect for me at least. I hesitated on killing the Antichrist because his appearance is a sign of Judgement Day, however, because of acknowledging that the attack would be too intense for ordinary people that don’t know how to know the difference between inner voice or whispering of the devils I have decided to kill him by requesting that he is burned in the core of the earth and by turning any remains into dust spread in space. He didn’t have only a physical presence though he had an incorporated devil. So it took a while to kill the devil that was isolated in iron coffin first so it assumed a smaller figure while trying to escape and finally God guided me to request that the devil is hit with fireballs over and over again. It was confirmed to me that the devil of the Antichrist was completely burned out. And that the next sign would be the creature coming out of the earth, Ad-Daba as well as the smoke covering all the earth, with which there is a great punishment, and that I would be able to fly too (good for me). I hesitated on spreading the news about the Antichrist to avoid fitnah (confusion and trial). Also because he was never freed out of the island before getting burned out. I am mentioning this because it’s important to know that when God’s punishment comes and when the great signs of Judgement Day (among which what’s mentioned above) would appear the returning to God in belief or in repentance won’t be accepted; so my advise is to do it now.

27:82 An-Naml

‎۞ وَإِذَا وَقَعَ الْقَوْلُ عَلَيْهِمْ أَخْرَجْنَا لَهُمْ دَابَّةً مِنَ الْأَرْضِ تُكَلِّمُهُمْ أَنَّ النَّاسَ كَانُوا بِآيَاتِنَا لَا يُوقِنُونَ

And when the word befalls them, We will bring forth for them a creature from the earth speaking to them, [saying] that the people were, of Our verses, not certain [in faith].

1. Ad-Dukhaan

حم

Ha, Meem.

وَالْكِتَابِ الْمُبِينِ

By the clear Book,

إِنَّا أَنْزَلْنَاهُ فِي لَيْلَةٍ مُبَارَكَةٍ ۚ إِنَّا كُنَّا مُنْذِرِينَ

Indeed, We sent it down during a blessed night. Indeed, We were to warn [mankind].

فِيهَا يُفْرَقُ كُلُّ أَمْرٍ حَكِيمٍ

On that night is made distinct every precise matter -

أَمْرًا مِنْ عِنْدِنَا ۚ إِنَّا كُنَّا مُرْسِلِينَ

[Every] matter [proceeding] from Us. Indeed, We were to send [a messenger]

رَحْمَةً مِنْ رَبِّكَ ۚ إِنَّهُ هُوَ السَّمِيعُ الْعَلِيمُ

As mercy from your Lord. Indeed, He is the Hearing, the Knowing.

رَبِّ السَّمَاوَاتِ وَالْأَرْضِ وَمَا بَيْنَهُمَا ۖ إِنْ كُنْتُمْ مُوقِنِينَ

Lord of the heavens and the earth and that between them, if you would be certain.

لَا إِلَٰهَ إِلَّا هُوَ يُحْيِي وَيُمِيتُ ۖ رَبُّكُمْ وَرَبُّ آبَائِكُمُ الْأَوَّلِينَ

There is no deity except Him; He gives life and causes death. [He is] your Lord and the Lord of your first forefathers.

بَلْ هُمْ فِي شَكٍّ يَلْعَبُونَ

But they are in doubt, amusing themselves.

فَارْتَقِبْ يَوْمَ تَأْتِي السَّمَاءُ بِدُخَانٍ مُبِينٍ

Then watch for the Day when the sky will bring a visible smoke.

يَغْشَى النَّاسَ ۖ هَٰذَا عَذَابٌ أَلِيمٌ

Covering the people; this is a painful torment.

رَبَّنَا اكْشِفْ عَنَّا الْعَذَابَ إِنَّا مُؤْمِنُونَ

[They will say], "Our Lord, remove from us the torment; indeed, we are believers."

أَنَّىٰ لَهُمُ الذِّكْرَىٰ وَقَدْ جَاءَهُمْ رَسُولٌ مُبِينٌ

How will there be for them a reminder [at that time]? And there had come to them a clear Messenger.

ثُمَّ تَوَلَّوْا عَنْهُ وَقَالُوا مُعَلَّمٌ مَجْنُونٌ

Then they turned away from him and said, "[He was] taught [and is] a madman."

إِنَّا كَاشِفُو الْعَذَابِ قَلِيلًا ۚ إِنَّكُمْ عَائِدُونَ

Indeed, We will remove the torment for a little. Indeed, you [disbelievers] will return [to disbelief].

يَوْمَ نَبْطِشُ الْبَطْشَةَ الْكُبْرَىٰ إِنَّا مُنْتَقِمُونَ

The Day We will strike with the greatest assault, indeed, We will take retribution.

6:158 Al-An'aam

‎هَلْ يَنْظُرُونَ إِلَّا أَنْ تَأْتِيَهُمُ الْمَلَائِكَةُ أَوْ يَأْتِيَ رَبُّكَ أَوْ يَأْتِيَ بَعْضُ آيَاتِ رَبِّكَ ۗ يَوْمَ يَأْتِي بَعْضُ آيَاتِ رَبِّكَ لَا يَنْفَعُ نَفْسًا إِيمَانُهَا لَمْ تَكُنْ آمَنَتْ مِنْ قَبْلُ أَوْ كَسَبَتْ فِي إِيمَانِهَا خَيْرًا ۗ قُلِ انْتَظِرُوا إِنَّا مُنْتَظِرُونَ

Do they [then] wait for anything except that the angels should come to them or your Lord should come or that there come some of the signs of your Lord? The Day that some of the signs of your Lord will come no soul will benefit from its faith as long as it had not believed before or had earned through its faith some good. Say, "Wait. Indeed, we [also] are waiting."

4:17 An-Nisaa

‎إِنَّمَا التَّوْبَةُ عَلَى اللَّهِ لِلَّذِينَ يَعْمَلُونَ السُّوءَ بِجَهَالَةٍ ثُمَّ يَتُوبُونَ مِنْ قَرِيبٍ فَأُولَٰئِكَ يَتُوبُ اللَّهُ عَلَيْهِمْ ۗ وَكَانَ اللَّهُ عَلِيمًا حَكِيمًا

The repentance accepted by Allah is only for those who do wrong in ignorance [or carelessness] and then repent soon after. It is those to whom Allah will turn in forgiveness, and Allah is ever Knowing and Wise.

4:18 An-Nisaa

‎وَلَيْسَتِ التَّوْبَةُ لِلَّذِينَ يَعْمَلُونَ السَّيِّئَاتِ حَتَّىٰ إِذَا حَضَرَ أَحَدَهُمُ الْمَوْتُ قَالَ إِنِّي تُبْتُ الْآنَ وَلَا الَّذِينَ يَمُوتُونَ وَهُمْ كُفَّارٌ ۚ أُولَٰئِكَ أَعْتَدْنَا لَهُمْ عَذَابًا أَلِيمًا

But repentance is not [accepted] of those who [continue to] do evil deeds up until, when death comes to one of them, he says, "Indeed, I have repented now," or of those who die while they are disbelievers. For them We have prepared a painful punishment.

4:47 An-Nisaa

يَا أَيُّهَا الَّذِينَ أُوتُوا الْكِتَابَ آمِنُوا بِمَا نَزَّلْنَا مُصَدِّقًا لِمَا مَعَكُمْ مِنْ قَبْلِ أَنْ نَطْمِسَ وُجُوهًا فَنَرُدَّهَا عَلَىٰ أَدْبَارِهَا أَوْ نَلْعَنَهُمْ كَمَا لَعَنَّا أَصْحَابَ السَّبْتِ ۚ وَكَانَ أَمْرُ اللَّهِ مَفْعُولًا

O you who were given the Scripture, believe in what We have sent down [to Muhammad], confirming that which is with you, before We obliterate faces and turn them toward their backs or curse them as We cursed the sabbath-breakers. And ever is the decree of Allah accomplished.

4:48 An-Nisaa

إِنَّ اللَّهَ لَا يَغْفِرُ أَنْ يُشْرَكَ بِهِ وَيَغْفِرُ مَا دُونَ ذَٰلِكَ لِمَنْ يَشَاءُ ۚ وَمَنْ يُشْرِكْ بِاللَّهِ فَقَدِ افْتَرَىٰ إِثْمًا عَظِيمًا

Indeed, Allah does not forgive association with Him, but He forgives what is less than that for whom He wills. And he who associates others with Allah has certainly fabricated a tremendous sin.

41:13 Fussilat

‎فَإِنْ أَعْرَضُوا فَقُلْ أَنْذَرْتُكُمْ صَاعِقَةً مِثْلَ صَاعِقَةِ عَادٍ وَثَمُودَ

But if they turn away, then say, "I have warned you of a thunderbolt like the thunderbolt [that struck] 'Aad and Thamud.

61:13 As-Saff

‎وَأُخْرَىٰ تُحِبُّونَهَا ۖ نَصْرٌ مِنَ اللَّهِ وَفَتْحٌ قَرِيبٌ ۗ وَبَشِّرِ الْمُؤْمِنِينَ

And [you will obtain] another [favor] that you love - victory from Allah and an imminent conquest; and give good tidings to the believers.

@ 472f440f:5669301e

Marty's Bent

J.P. Morgan CEO Jamie Dimon has long been an outspoken skeptic and critic of bitcoin. He has called Bitcoin a speculative asset, a fraud, a pet rock, and has opined that it will inevitably blow up. A couple of years ago, he was on Capitol Hill saying that if he were the government, he would "close it down". Just within the last month, he was on Fox Business News talking with Maria Bartiromo, proclaiming that the U.S. should be stockpiling bullets and rare earth metals instead of bitcoin. It's pretty clear that Jamie Dimon, who is at the helm of the most powerful and largest bank in the world, does not like bitcoin one bit.

Evidence below:

via Bitcoin Magazine

via me

via CNBC

via Trending Politics

Despite Dimon's distinguished disdain for Bitcoin, J.P. Morgan cannot deny reality. The CEO of the largest bank in the world is certainly a powerful man, but no one individual, even in the position that Jamie Dimon is in, is more powerful than the market. And the market has spoken very clearly, it is demanding bitcoin. The Bitcoin ETFs have been the most successful ETFs in terms of pace of growth since their launch. They've accumulated tens of billions of dollars in AUM in a very short period of time. Outpacing the previous record set by the gold ETF, GLD.

Whether or not Jamie Dimon himself likes Bitcoin doesn't matter. J.P. Morgan, as the largest bank in the world and a publicly traded company, has a duty to shareholders. And that duty is to increase shareholder value by any ethical and legal means necessary. Earlier today, J.P. Morgan announced plans to offer clients financing against their Bitcoin ETFs, as well as some other benefits, including having their bitcoin holdings recognized in their overall net worth and liquid assets, similar to stocks, cars, and art, which will be massive for bitcoiners looking to get mortgages and other types of loans.

via Bloomberg

I've talked about this recently, but trying to buy a house when most of your liquid net worth is held in bitcoin is a massive pain in the ass. Up until this point, if you wanted to have your bitcoin recognized as part of your net worth and count towards your overall credit profile, you would need to sell some bitcoin, move it to a bank account, and have it sit there for a certain period of time before it was recognized toward your net worth. This is not ideal for bitcoiners who have sufficient cash flows and don't want to sell their bitcoin, pay the capital gains tax, and risk not being able to buy back the amount of sats they were forced to sell just to get a mortgage.

It's not yet clear to me whether or not J.P. Morgan will recognize bitcoin in cold storage toward their clients' net worth and credit profile, or if this is simply for bitcoin ETFs only. However, regardless, this is a step in the right direction and a validation of something that many bitcoiners have been saying for years. Inevitably, everyone will have to bend the knee to bitcoin. Today, it just happened to be the largest bank in the world. I expect more of this to come in the coming months, years, and decades.

Lyn Alden likes to say it in the context of the U.S. national debt and the fiscal crisis, but it also applies to bitcoin adoption and the need for incumbents to orient themselves around the demands of individual bitcoiners; nothing stops this train.

Corporate Bitcoin Treasuries are Changing Market Dynamics

Leon Wankum revealed how corporate Bitcoin treasuries are fundamentally reshaping business dynamics. Companies can now issue equity to fund operations while preserving their Bitcoin holdings, creating a revolutionary capital structure. Leon highlighted MicroStrategy's position, noting they hold enough Bitcoin to cover dividend payments for over 200 years. This model enables companies to reduce founder dilution since they don't need repeated funding rounds when their treasury appreciates.

"Some companies' Bitcoin treasuries are now worth more than all money they've ever raised." - Leon Wankum

Leon shared examples from his own portfolio companies where this strategy has proven transformative. Public companies have discovered an entirely new business model through strategic dilution that actually increases BTC per share. As Leon explained, this approach allows firms to leverage equity markets for operational funding while their Bitcoin treasury compounds in value, creating a positive feedback loop that benefits both shareholders and the company's long-term sustainability.

Check out the full podcast here for more on real estate price cycles, Bitcoin lending products, and the transition to a Bitcoin standard.

---

Headlines of the Day

California May Seize Idle Bitcoin After 3 Years - via X

Semler Scientific Buys $20M More Bitcoin, Holds $467M - via X

US Home Sellers Surge as Buyers Hit 4-Year Low - via X

Get our new STACK SATS hat - via tftcmerch.io

---

Take the First Step Off the Exchange

Bitkey is an easy, secure way to move your Bitcoin into self-custody. With simple setup and built-in recovery, it’s the perfect starting point for getting your coins off centralized platforms and into cold storage—no complexity, no middlemen.

Take control. Start with Bitkey.

Use the promo code “TFTC20” during checkout for 20% off

---

Ten31, the largest bitcoin-focused investor, has deployed $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.

---

Final thought...

I feel old.

---

Get this newsletter sent to your inbox daily: https://www.tftc.io/bitcoin-brief/

Subscribe to our YouTube channels and follow us on Nostr and X:

@ e516ecb8:1be0b167

Imagina un mundo donde cada peso que gastas es vigilado, registrado y cuestionado. Donde el Estado decide si puedes comprar un café, una manzana o una criptomoneda. No es una distopía de ciencia ficción, es el rumbo que están tomando varios países, mientras otros, como Argentina, dan un giro inesperado hacia la libertad. ¿Quién está ganando esta batalla por el control de tu dinero?

Argentina: "Tus dólares son tuyos" En Argentina, Javier Milei, con su bandera libertaria ondeando, ha dado un paso audaz: desmantelar el control policial sobre el dinero de los ciudadanos. Su lema, "Tus dólares son tuyos", es tan obvio como revolucionario. Después de décadas de corralitos, cepos cambiarios y una inflación que en 2023 alcanzó el 211,4% según el INDEC, Milei apuesta por devolverle al ciudadano el poder sobre su propio capital. Con el país logrando superávit fiscal por primera vez en años (0,2% del PBI en el primer trimestre de 2024), el gobierno ya no necesita espiar cada transacción para exprimir impuestos.

Pero aquí viene lo curioso: encuestas recientes, como una de la consultora Poliarquía, muestran que un 35% de los argentinos aún prefiere que el Estado controle sus finanzas. ¿Masoquismo? ¿Miedo a la libertad? Tal vez sea la costumbre de vivir bajo la lupa. Milei, fiel a su convicción, no solo liberaliza por necesidad económica, sino porque cree que el dinero es tuyo, no del burócrata de turno.

España y el Euro Digital: El ojo que todo lo ve Mientras Argentina afloja las riendas, Europa cabalga en dirección opuesta. En España, el gobierno está reduciendo progresivamente los umbrales para controlar transacciones bancarias. A partir de 2026, cada pago por Bizum —el equivalente ibérico al Pix brasileño— estará bajo escrutinio. Según el Banco de España, en 2024 se realizaron más de 1.200 millones de transacciones por Bizum, moviendo unos 60.000 millones de euros. Ahora, cada una de esas operaciones será un dato más para Hacienda.

Pero no es solo España. La Unión Europea avanza con el Euro Digital, un proyecto que promete ser la pesadilla de cualquier amante de la privacidad. Esta moneda digital, según el Banco Central Europeo, permitirá rastrear cada movimiento, limitar ciertos gastos (¿adiós a compras de cripto o donaciones incómodas?), e incluso programar que el dinero "se oxide". Sí, has leído bien: si no gastas tus euros digitales en un tiempo determinado, podrían perder valor o simplemente desaparecer. Un informe del BCE de 2023 estima que el Euro Digital estará operativo en 2027, y ya hay pruebas piloto en países como Alemania y Francia. ¿Libertad financiera? Más bien un Gran Hermano con esteroides.

Chile: El Estado fisgón y los funcionarios de lujo En Chile, el control monetario también aprieta. El gobierno ha propuesto levantar el secreto bancario, permitiendo que cualquier funcionario del SII pueda husmear en tus cuentas. Además, si haces más de 50 transacciones al mes, el Servicio de Impuestos Internos (SII) pondrá la lupa sobre ti. ¿Y las ferias libres? Esas donde compras tus tomates y zapallos sin complicaciones ahora deberán emitir boletas electrónicas, encareciendo los productos para el ciudadano de a pie. Según la CEPAL, los costos administrativos para pequeños comerciantes podrían aumentar hasta un 15% con estas medidas.

Mientras tanto, el sector público chileno vive en otra galaxia. Funcionarios con sueldos que superan los 5 millones de pesos mensuales (unos 5.500 USD) toman licencias médicas para viajar por el mundo, según denuncias de la Contraloría. Algunos incluso cobran por "turnos" de 17 horas extras diarias o marcan asistencia en dos lugares al mismo tiempo. ¿Y quién paga? Tú, con tus impuestos.

La resistencia: Volver al efectivo o abrazar las cripto Si el Estado quiere controlar cada centavo, ¿qué opciones nos quedan? Una es volver al efectivo, pero no nos engañemos: el dinero fiat, controlado por bancos centrales, pierde valor a largo plazo. En Chile, la inflación acumulada entre 2010 y 2024 fue del 62%, según el INE. Tus billetes de hoy valen menos que los de ayer, y mañana valdrán aún menos.

La otra opción es el mundo cripto, pero no cualquier cripto. Bitcoin, la más conocida, es un titán para almacenar valor, pero para transacciones diarias necesita una segunda capa como Lightning Network, que procesa pagos instantáneos con comisiones ínfimas (menos de 0,01 USD por transacción en 2024). Alternativas como Bitcoin Cash (BCH) o Monero (XMR) ofrecen transacciones rápidas y, en el caso de XMR, un enfoque en la privacidad que hace temblar a los burócratas. Sin embargo, ninguna cripto servirá si los comercios y las personas no las adoptan. En Argentina, por ejemplo, solo el 1,5% de las transacciones minoristas en 2024 usaron criptomonedas, según Chainalysis. La libertad financiera no llega sola: hay que construirla.

El futuro es ahora El dinero es poder, y quien controla el dinero controla tu vida. Mientras Milei en Argentina te devuelve las llaves de tus dólares, en Europa y Chile te atan las manos con leyes, regulaciones y monedas digitales. La pregunta no es si quieres libertad, sino si estás dispuesto a pelear por ella. Usa efectivo, explora cripto, pero sobre todo, no dejes que el Gran Hermano decida por ti. Porque una vez que el Estado mete la mano en tu bolsillo, no la saca nunca.

@ b1ddb4d7:471244e7

Jason Lowery’s thesis, Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, reframes bitcoin not merely as digital cash but as a transformative security technology with profound implications for investors and nation-states alike.

For centuries, craft brewers understood that true innovation balanced tradition with experimentation—a delicate dance between established techniques and bold new flavors.

Much like the craft beer revolution reshaped a global industry, bitcoin represents a fundamental recalibration of how humans organize value and project power in the digital age.

The Antler in the Digital Forest: Power Projection

Lowery, a U.S. Space Force officer and MIT scholar, anchors his Softwar theory in a biological metaphor: Bitcoin as humanity’s “digital antler.” In nature, antlers allow animals like deer to compete for resources through non-lethal contests—sparring matches where power is demonstrated without fatal consequences. This contrasts sharply with wolves, who must resort to violent, potentially deadly fights to establish hierarchy.

The Human Power Dilemma: Historically, humans projected power and settled resource disputes through physical force—wars, seizures, or coercive control of assets. Even modern financial systems rely on abstract power structures: court orders, bank freezes, or government sanctions enforced by legal threat rather than immediate physical reality.

Lowery argues this creates inherent fragility: abstract systems can collapse when met with superior physical force (e.g., invasions, revolutions). Nature only respects physical power.

Bitcoin’s Physical Power Engine: Bitcoin introduces a novel solution through its proof-of-work consensus mechanism. Miners compete to solve computationally intense cryptographic puzzles, expending real-world energy (megawatts) to validate transactions and secure the network.

This process converts electricity—a tangible, physical resource—into digital security and immutable property rights. Winning a “block” is like winning a sparring match: it consumes significant resources (energy/cost) but is non-destructive.

The miner gains the right to write the next page of the ledger and collect rewards, but no participant is physically harmed, and no external infrastructure is destroyed.

Table: Traditional vs. Bitcoin-Based Power Systems

Power System

Mechanism

Key Vulnerability

Resource Cost

Traditional (Fiat/Banking)

Legal abstraction, threat of state force

Centralized points of failure, corruption, political change

Low immediate cost, high systemic risk

Military/Economic Coercion

Physical force, sanctions

Escalation, collateral damage, moral hazard

Very high (lives, capital, instability)

Bitcoin (Proof-of-Work)

Competition via energy expenditure

High energy cost, concentration risk (mining)

High energy cost, low systemic risk

Softwar Theory National Strategic Imperative: Governments Are Taking Notice

Lowery’s Softwar Theory has moved beyond academia into the corridors of power, shaping U.S. national strategy:

1. The Strategic Bitcoin Reserve: Vice President JD Vance recently framed bitcoin as an instrument projecting American values—”innovation, entrepreneurship, freedom, and lack of censorship”. State legislation is now underway to implement this reserve, preventing easy reversal by future administrations.
2. Regulatory Transformation: The SEC is shifting from an “enforcement-first” stance under previous leadership. New initiatives include:
   • Repealing Staff Accounting Bulletin 121 (SAB 121), which discouraged banks from custodying digital currency by forcing unfavorable balance sheet treatment.
   • Creating the Cyber and Emerging Technologies Unit (CETU) to develop clearer crypto registration/disclosure rules.

The Investor’s Lens: Scarcity, Security, and Asymmetric Opportunity

For investors, understanding “Softwar” validates bitcoin’s unique value proposition beyond price speculation:

• Digital Scarcity as Strategic Depth: Bitcoin’s fixed supply of 21 million makes it the only digital asset with truly inelastic supply, a programmed scarcity immune to political whims or central bank printing.

  This “scarcity imperative” acts as a natural antidote to global fiat debasement. As central banks expanded money supplies aggressively (Global M2), bitcoin’s price has shown strong correlation, acting as a pressure valve for inflation concerns. The quadrennial “halving” (latest: April 2024) mechanically reduces new supply, creating built-in supply shocks as adoption grows. * The Antifragile Security Feedback Loop: Bitcoin’s security isn’t static; it’s antifragile. The network strengthens through demand: * More users → More transactions → Higher fees → More miner revenue → More hashpower (computational security) → Greater network resilience → More user confidence.
  This self-reinforcing cycle contrasts sharply with traditional systems, where security is a cost center (e.g., bank security budgets, military spending). Bitcoin turns security into a profitable, market-driven activity. * Institutionalization Without Centralization: While institutional ownership via ETFs (like BlackRock’s IBIT) and corporate treasuries (MicroStrategy, Metaplanet) has surged, supply remains highly decentralized.

  Individuals still hold the largest share of bitcoin, preventing a dangerous concentration of control. Spot Bitcoin ETFs alone are projected to see over $20 billion in net inflows in 2025, demonstrating robust institutional capital allocation.

The Bitcoin Community: Building the Digital Antler’s Resilience

Lowery’s “Softwar” theory underscores why bitcoin’s decentralized architecture is non-negotiable. Its strength lies in the alignment of incentives across three participant groups:

1. Miners: Provide computational power (hashrate), validating transactions and securing the network. Incentivized by block rewards (newly minted BTC) and transaction fees. Their physical energy expenditure is the “muscle” behind the digital antler.
2. Nodes: Independently verify and enforce the protocol rules, maintaining the blockchain’s integrity. Run by users, businesses, and enthusiasts globally. They ensure decentralized consensus, preventing unilateral protocol changes.
3. Users: Individuals, institutions, and corporations holding, transacting, or building on bitcoin. Their demand drives transaction fees and fuels the security feedback loop.

This structure creates “Mutually Assured Preservation”. Attacking bitcoin requires overwhelming its global, distributed physical infrastructure (miners/nodes), a feat far more complex and costly than seizing a central bank’s gold vault or freezing a bank’s assets. It transforms financial security from a centralized liability into a decentralized, physically-grounded asset.

Risks & Responsibilities

Investors and policymakers must acknowledge persistent challenges:

• Volatility: Bitcoin remains volatile, though this has decreased as markets mature. Dollar-cost averaging (DCA) is widely recommended to mitigate timing risk.
• Regulatory Uncertainty: While U.S. policy is increasingly favorable, global coordination is lacking. The EU’s MiCAR regulation exemplifies divergent approaches.
• Security & Custody: While Bitcoin’s protocol is robust, user errors (lost keys) or exchange hacks remain risks.
• Environmental Debate: Proof-of-Work energy use is scrutinized, though mining increasingly uses stranded energy/renewables. Innovations continue.

Jason Lowery’s “Softwar” theory elevates bitcoin from a financial instrument to a socio-technological innovation on par with the invention of the corporation, the rule of law, or even the antler in evolutionary biology. It provides a coherent framework for understanding why:

• Nations like the U.S. are looking to establish bitcoin reserves and embracing stablecoins—they recognize bitcoin’s role in projecting economic power non-violently in the digital age.
• Institutional Investors are allocating billions via ETFs—they see a scarce, secure, uncorrelated asset with antifragile properties.
• Individuals in hyperinflationary economies or under authoritarian regimes use bitcoin—it offers self-sovereign wealth storage immune to seizure or debasement.

For the investor, bitcoin represents more than potential price appreciation. It offers exposure to a fundamental reorganization of how power and value are secured and exchanged globally, grounded not in abstract promises, but in the unyielding laws of physics and mathematics.

Like the brewers who balanced tradition with innovation to create something enduring and valuable, bitcoin pioneers are building the infrastructure for a more resilient digital future—one computationally secured block at a time. The “Softwar” is here, and it is reshaping the landscape of p

@ 2ed3596e:98b4cc78

Bitcoin Well recently sat down with Bitcoin News for a conversation about our mission to empower financial independence through Bitcoin. Founder and CEO Adam O’Brien shared how a frustrating experience purchasing bitcoin in 2013 led to the creation of one of Canada’s largest bitcoin ATM networks—and ultimately, a broader mission to help people replace traditional banks with self-custodied bitcoin.

From building out our Bitcoin portal to navigating life fully de-banked, Adam discussed how Bitcoin Well is creating tools for everyday use—paying bills, receiving paychecks, and living sovereignly. Read the full conversation to understand why we’re proud to be leading the charge for freedom-minded Bitcoiners across Canada and beyond.

About Bitcoin Well:

Bitcoin Well is a Canadian company on a mission to enable financial independence through the use of Bitcoin. We offer tools and services that allow users to buy, sell, and use bitcoin in self-custody—without relying on traditional banks.

About Bitcoin News:

Bitcoin News Inc is a US-based media company dedicated to covering the latest in Bitcoin—from mining and wallets to its growing role in global liquidity. We deliver clear, insightful reporting to help readers navigate the shifting landscape of Bitcoin and digital finance.

@ 94c2fd25:4fb53087

EV8 không chỉ đơn thuần là một nền tảng cung cấp dịch vụ đa dạng mà còn là một biểu tượng của phong cách sống hiện đại, thuận tiện và thân thiện với môi trường. Với giao diện thân thiện và quy trình đăng ký, xác thực nhanh chóng, EV8 mang đến cho người dùng một trải nghiệm dễ dàng, giúp họ tiết kiệm thời gian trong cuộc sống bận rộn ngày nay. Các tính năng hỗ trợ thanh toán đa dạng như chuyển khoản ngân hàng, ví điện tử, và thẻ quốc tế tạo điều kiện thuận lợi cho mọi đối tượng sử dụng. Điều này góp phần thay đổi thói quen tiêu dùng của người dùng, từ những hành động đơn giản như nạp tiền, rút tiền, cho đến việc lựa chọn các dịch vụ phù hợp với nhu cầu cá nhân. EV8 giúp người dùng tiếp cận công nghệ một cách nhẹ nhàng, loại bỏ những trở ngại truyền thống, qua đó thúc đẩy sự phát triển của một xã hội số năng động và hiệu quả hơn.

Không chỉ tập trung vào tiện ích cá nhân, EV8 còn đóng vai trò quan trọng trong việc xây dựng cộng đồng bền vững và kết nối. Qua các chương trình ưu đãi, sự kiện hấp dẫn và hệ thống hỗ trợ khách hàng chuyên nghiệp, EV8 tạo nên sự gắn kết giữa người dùng và nền tảng, giúp họ cảm thấy được đồng hành và hỗ trợ mọi lúc mọi nơi. Những tính năng thông minh như quản lý năng lượng, theo dõi hoạt động và nhận thưởng qua các trò chơi cũng góp phần nâng cao nhận thức về sự cân bằng giữa giải trí và trách nhiệm trong cuộc sống. Từ đó, EV8 không chỉ là công cụ hỗ trợ mà còn là nguồn cảm hứng thúc đẩy người dùng sống chủ động, tích cực và thân thiện với môi trường trong kỷ nguyên số hóa ngày nay.

@ b2caa9b3:9eab0fb5

If you'd like to connect with me on XMPP, you're very welcome! I first used it many years ago, and now I've returned to it — and I'm really glad I did.

XMPP is a secure and privacy-friendly way to communicate. It's spam-resistant: messages only go through once you've accepted a contact request. To request a connection, just send me a message.

One of the great things about XMPP is that you have control over encryption. You can choose to use strong encryption like PGP or OMEMO, or even no encryption at all — it's entirely up to you. Your messages aren’t tied to any one company or service.

There are many apps (called clients) you can use with XMPP, and you’re not locked into a single one that monitors or sells your data. XMPP is an open protocol, which means freedom of choice and better privacy.

My XMPP username is: rubenstorm@c0nnect.de

I’ve also been much less active on Facebook, Instagram, and other social media. That’s because I’ve shifted from platforms to protocols — more decentralized, censorship-resistant tools that put users in control. I started exploring these about two years ago and haven’t looked back.

If you’re interested in learning more or want help getting started, feel free to reach out. Just message me using any XMPP client — I’ll be happy to connect!

@ 7460b7fd:4fc4e74b

加密货币的现象学主权：制造“主权合法性的地平线”

1. 合法性地平线的概念界定

“合法性地平线”概念源于现象学的意向性结构与福柯的治理技术相结合，用以描述主权合法性如何被“看见”与“经验”。胡塞尔的现象学认为，每一种意识经验都带有一个“地平线”，即对象在主体意识中的出现总是伴随背景期待和可能性范围plato.stanford.edu。“地平线”代表了对象被给予时隐含的上下文——例如看到一张桌子时，我们预期换个角度仍看到桌子的不同侧面plato.stanford.edu。类似地，“主权合法性的地平线”指的是人们对某种权力或治理结构之合法性的背景期待：什么使它被感知为正当？这种正当性在经验中如何显现？

福柯的权力-知识视角进一步丰富了这一概念。他指出现代权力不仅通过法律和强制，而且通过生产知识、 discourse和治理术来发挥作用，使个体自觉内化某种规范en.wikipedia.org。福柯的“治理性”（governmentality）指一套组织实践、心态和技术，用以塑造被治理者的行为，从而使社会可被治理en.wikipedia.orgen.wikipedia.org。这意味着权力通过塑造认知与行为来制造“真理”，进而让自身的正当性看起来自然而然en.wikipedia.org。因此，当我们讨论Crypto系统的主权合法性时，必须考察其如何通过技术和符号手段塑造用户对合法性的直观感受。

在Crypto领域，代码即法律（“code is law”）的理念体现了这种通过技术制造合法性感知的努力：区块链系统将权力关系直接编码进协议，以数学“真理”取代引入暴力的主权命令medium.com。通过共识算法、智能合约和链上治理，Crypto系统创造了一种可经验的秩序感：网络规则透明公开、对所有参与者一视同仁地适用，因而让人感到这套秩序“自洽”且有正当性。这种经验结构就是“合法性地平线”——用户在与Crypto系统互动时，感知到一种内在的规则正当性背景。例如，去中心化网络的界面设计、视觉符号（币标、NFT艺术等）、参与仪式（节点投票、提案讨论）都成为现象学意义上的“提示”，引导参与者将该系统视为某种主权实体的化身，其合法性在体验中被建构和感受。

简言之，合法性地平线指的是Crypto系统通过代码规则与治理技术，营造出一种主权正当性的感知视域，使得参与者“看到”并“感觉到”该系统的权力是合理的、可信的。这一概念融合了胡塞尔的意向性地平线（对象在经验中的意义背景）plato.stanford.edu和福柯的治理技术（权力通过知识和技术使自身合法化）en.wikipedia.org。在这个视域中，主权合法性不再仅仅是一套法律文本或国家权威的声明，而是被嵌入在Crypto网络的日常体验和符号实践中，成为参与者主观生活世界的一部分。

2. 不同Crypto系统的主权合法性建构之比较

各类加密货币系统在构建主权合法性的路径上存在显著差异。这些差异体现于叙事策略、政治参与形式以及它们对待国家既有权力结构的姿态。下面将比较比特币、以太坊、“矿币”（如门罗币Monero、比特币现金BCH）、meme币（如DOGE狗狗币）与“国家代理币”（如波场TRON、币安币BNB）如何各自制造和投射其合法性地平线：

• 比特币（Bitcoin）：比特币通过“去中心化的货币”叙事建立其合法性视域。作为第一个区块链币种，它宣称无需任何中央权威即可运作，bitcoin.org其P2P网络由所有节点集体维护交易和发行规则bitcoin.org。这种无中心的特性及公开透明的设计（开源代码、总量恒定等）构成了比特币合法性地平线的核心：用户在使用比特币时体验到的是一种“不依赖国家背书而自洽”的金融秩序。从政治参与看，比特币的治理相当克制——共识规则变化需要全网多数接受，但普通用户主要通过运行节点、舆论参与来影响决策。比特币对国家权威的姿态是疏离甚至对抗的：它诞生于对央行和法币的不信任，其“自我主权”理念强调个人掌控资产、抵御通胀和审查bitcoin.org。因此，比特币的合法性来源于一种技术乌托邦叙事：因为有密码学和算力保障的“真实”共识，它试图成为无需暴力强制也能令人信服的主权货币替代品。

• 以太坊（Ethereum）：以太坊以“世界计算机”和去中心化应用平台的叙事建立合法性。其焦点在于提供一个信任中立的基础设施，让任何人可在其上部署智能合约和自治组织。以太坊的合法性地平线体现在社区共治和持续进化上：开发者和持币者通过Ethereum Improvement Proposals (EIP)等机制参与协议升级，体现出某种“公民参与”式的治理。相较比特币的保守，以太坊更强调通过技术治理（例如近期的权益证明合并）来提升网络，从而使参与者体验到一种“宪政”氛围——规则可以被有序改进但需达成广泛共识。以太坊对国家的姿态较为务实中立：一方面核心开发者强调去信任和抗审查，另一方面也出现与企业、政府合作的探索（例如企业以太联盟EEA）。总的来说，以太坊试图通过自身的治理结构赢得合法性认同，即“代码之治”也能产生稳定可信的规则秩序，让用户相信以太坊作为基础设施是正当且持久的。

• “矿币”类（门罗币Monero、比特币现金BCH 等）：这些由PoW挖矿支撑的独立链试图通过差异化理念建立合法性。_门罗币（XMR）_的核心叙事是“金融隐私即人权”。它以强匿名技术（环签名、隐匿地址）确保交易无法追踪，从而保护用户免受监控。这种隐私至上的设计塑造出一种道义合法性：拥护者视门罗为对抗强权窥视的“地下主权货币”，满足了对__“不受政府控制的私密数字现金”的需求coinstats.app。许多用户将门罗视为一种金融自由运动，认为其价值不仅在技术，更在于实践了个人隐私和去国家化的理想coinstats.app。这种合法性地平线带有浓厚的他者伦理色彩：门罗以他者（用户个人）的绝对隐私权利为出发点来挑战国家的透明化权力。*比特币现金（BCH）*则以“点对点电子现金”的愿景自我合法化。由于不满比特币在扩容问题上的治理，BCH社区通过硬分叉另立门户，主张更大的区块以实现高吞吐量交易，从而真正落实日常支付之用。BCH的合法性叙事建立在对中本聪原旨的捍卫和对“小区块高费用”比特币路线的反抗上：支持者声称BCH才继承了比特币作为普惠数字现金**的正统。在政治参与方面，BCH社区更激进直接，以分叉手段投票，以技术手段执行“人民意志”。对国家权威，BCH与BTC类似，倾向于忽视或平行存在，通过先构建民间采用（一些发展中国家商户接受BCH支付等）来潜移默化获取合法性认同，而非寻求政府背书。

• Meme币（以DOGE为代表）：狗狗币以戏谑和社区文化打造出独特的合法性视域。其诞生本是一场对严肃金融的调侃：柴犬形象和戏谑语调淡化了传统权力符号。但正是这种去权威化的平易近人风格，使DOGE形成了强大的草根认同感。狗狗币的叙事不是宏大叙事，而是“互联网亚文化的胜利”——它暗含一种对正规金融和精英主义的反抗，但方式是幽默和慈善（例如社区募资赞助体育队、奥运选手等事件）。DOGE缺乏严格的链上治理，其开发也长期停滞，但这反而强化了一种“自发秩序”的体验：社区共识主要通过社交媒体和名人带动形成，而非正式投票。Elon Musk等人的参与更赋予其某种“民意代理”的色彩——仿佛大众情绪经由名人之口成为DOGE价值的背书。对于国家等宏大他者，狗狗币采取的是玩笑般的态度：既不直接抗衡也无意合规寻求承认，而是通过病毒式传播让自己成为社群现象。它的合法性地平线建立在“人气即公理”的感受上：参与DOGE的人因为欢乐、互助和社区精神而相信它的价值——这是一种全新的主权幻象，好似**“人民的笑声”**本身成了权威。在严肃制度看来这也许缺乏传统合法性，但在参与者体验中，DOGE营造出一个轻松却凝聚的共同体，这本身构成了对主权合法性的另类想象。

• “国家代理币”（TRON波场、Binance Coin币安币）：这类由企业或创始人强力主导的Crypto系统，其合法性建构路径与上述去中心化理想截然不同。它们更像是在模仿和代理国家主权，通过与现有权力结构的合作与对接来赢得合法性认同。*波场（TRON）*由孙宇晨主导，采取高度市场化和中心化的运营方式，同时积极寻求监管和政府的正面互动。波场网络上的稳定币（如USDT）发行量巨大，是除以太坊外最大的稳定币结算链之一（截至2024年Tron链上流通的USDT价值接近600亿美元，仅次于以太坊上的750亿coindesk.com）。这种庞大的稳定币流通使波场实质上成为国际美元稳定币清算网络的一部分，仿佛承担了“影子央行”功能。此外，波场积极配合监管：2024年成立“T3打击金融犯罪部门”，联合区块链分析公司和稳定币发行方，已在全球范围内冻结了1亿美元涉嫌非法的USDT资产coindesk.com。通过这一链上冻结和执法机制，波场表现出类国家警务的功能，向用户和政府传达出“我们维护法治”的信号。波场团队甚至直接介入国家政治：创始人孙宇晨曾出任格林纳达驻WTO大使（2021-2023），并成功推动多米尼克国将TRON系列加密货币（包括TRX, BTT, JST等）作为法定货币授权流通，用于公共缴费和税收commonwealthchamber.com。这一系列举措构筑了波场的合法性地平线：通过与小国政府合作、模拟国家职能（发行法币、执法冻结）以及高调与各国政要互动，波场试图让公众相信：尽管它不是“真正的”主权国家，但它是缺位主权的代理者，一个值得信赖的准国家金融体系。

*币安币（BNB）*则依托全球最大加密交易所币安的影响力来建构合法性。BNB链由币安主导，其治理采用验证者联盟模式，实际控制力集中。这种结构下，币安选择通过拥抱监管和强调合规性来让BNB生态显得“安全可靠”。例如，币安推动发行的稳定币BUSD曾是完全持牌的合规稳定币，由纽约金融服务署批准发行binance.com（直至2023年监管介入暂停增发）。BNB链也展现出准主权的治理能力：虽然标榜去中心化，但在2022年一次恶性攻击后，币安团队协调验证者冻结了黑客地址，随后通过链上治理决定如何处置被盗资产cointelegraph.com。事实证明币安有能力在必要时单方面暂停网络、冻结资金，这类似于国家在紧急状态下冻结账户或央行干预金融市场的权力。此外，币安在各国积极寻求合法牌照，建立合规部门，雇佣前政府官员作为顾问，体现了对主权法规的尊重和对接。这一切塑造出BNB的合法性视域：用户在其中感受到的是一个由企业主导但受法律框架认可的体系——币安扮演着某种超国家的经济体角色，试图将加密世界与传统国家体系桥接。因此，在BNB的地平线上，主权合法性表现为一种混合体：既强调自身作为独立生态系统的技术权威，又通过拥抱监管来暗示其行为获得现实合法性的许可。

3. TRON与BNB的主权合法性地平线建构机制

着重分析波场(TRON)和币安链(BNB)这两个“国家代理币”案例，可以更清晰地看到Crypto系统如何通过具体机制制造合法性认知的地平线，将“主权缺位”转化为“主权代理”。

首先，稳定币结算网络是两者的重要抓手。波场凭借极低手续费和高吞吐性能，承载了巨额的USDT稳定币交易coindesk.com。这意味着大量用户（尤其在亚非等新兴市场）通过波场网络完成美元价值的跨境转移。客观上，波场在充当部分国际清算体系的功能。这一点被波场团队策略性地用于合法性建构：他们高调宣布TRON成为多米尼克的“国家区块链”，不仅在法律上获准其代币为法币commonwealthchamber.com，还协助该国发行了多米尼克币(DMC)等基于波场的国家代币。这种深度绑定国家的行为，使波场在用户心中产生一种“准官方”的印象——仿佛波场网络是有主权意志背书的。相比之下，币安的BNB链在稳定币方面则通过BUSD的合规性树立公信力：BUSD在美国持牌发行binance.com时，币安广泛宣传其“安全、有监管保障”的属性。这向大众传递的信息是：BNB生态内的价值尺度（稳定币）是受到传统金融法规保护的，从而增加对其使用的信任。这种“法币锚定”的经验缩小了Crypto系统与法定主权体系的心理距离，让用户觉得BNB网络内的资产更“像正规钱”。

其次，链上冻结机制与监管代理凸显了这两大系统主动承担“执法”功能，以换取合法性认同。波场的T3部门联合第三方在全球范围冻结非法资金coindesk.com，表明波场并非一个无法无天的“暗网”，而是愿意扮演金融警察角色。这一机制在体验层面制造出清晰信号：波场网络上的犯罪行为会被惩戒，资产可以按规矩被冻结返还，网络秩序得到维护——这些过去只有主权国家才能做到的事，如今一个链上组织也做到了。对于政府而言，这无疑提升了对波场的信任，因为它显示出配合监管的姿态。BNB链在应对黑客攻击时展现的冻结账户和回滚交易能力cointelegraph.com则进一步强化了这一点。虽然此举在加密社区中引发去中心化受损的争议，但从合法性认知角度看，却让普通用户感到一种熟悉的安全感——正如银行被盗时央行和警方会介入，BNB链遭黑客时币安团队亦有权力干预救济。这种可经验的治理结构（例如用户听闻某黑客被冻结资产、某诈骗犯在波场上资金被冻结）直接让用户将波场和BNB视作“负责任的治理者”。福柯意义上，这是加密网络运用现代治理技术赢得权力合法性的体现：通过主动监管自身生态，塑造良好秩序的知识和话语，让自身权威显得必要且正当en.wikipedia.org。

再者，政治人物互动与象征资本也是TRON与BNB制造合法性地平线的重要策略。孙宇晨以其公共身份为波场攒足了象征资本：他以国家大使身份出席国际组织，在推特上自称“H.E.”（His Excellency）彰显外交头衔，将个人品牌与主权象征绑定。这种行为虽然饱受争议，但在现象学层面为波场用户提供了一个感知框架：波场的领导者被视为主流政治圈的一员，从而仿佛赋予波场网络以某种“准国家”的光环。同样地，币安创始人赵长鹏（CZ）频繁出现在各国监管机构会议、国际论坛和媒体访谈中，努力将自己塑造成负责任的行业领袖形象。币安还聘请前政府高官为顾问，在多个国家建立合规团队。这一系列举措在用户经验中累积出一种印象：BNB和币安并非游离于法律之外的野蛮生长，而是积极融入主流规则之中。用户在参与BNB链生态时，会感到一种“安心”——仿佛背后有成熟企业和甚至某种政府级别的信誉作支撑。这其实正对应于列维纳斯所强调的伦理关系：他者（政府、社会）对于一个主体的合法性至关重要。Crypto系统通过与他者（政治权威）的互动，赢得了来自他者的承认，从而在伦理意义上缓解了“无主权背书”带来的焦虑。在列维纳斯看来，他者性的承认带来伦理上的正当medium.com。波场和BNB通过争取他者的承认，部分地填补了纯技术自我封闭体系的伦理赤字——用户不再只是面对冰冷代码，也看到这些系统在现实他者（政府、名人）那里获得了回应和责任承担。

总体而言，TRON与BNB走的是一条“以他者成就自我”的主权建构之路：它们没有国家那样的传统合法性来源，便通过模仿国家职能（发行法币、监管执法）和寻求国家认同（法律地位、外交合作）来主动制造一个合法性知觉的“地平线”。在这个地平线上，用户仿佛站在一个新型主权的领域边界：向内看，是自成一体、规则透明的区块链秩序；向外看，又与既有主权世界接轨，被赋予熟悉的合法性象征。主权的空位因此被这些Crypto系统以代理人身份占据，并在经验中呈现出一种强烈的主权氛围。

4. 去国家化还是再国家化？——主权合法性的变迁

通过上述分析，我们看到主权合法性正在从传统国家转移到“可经验的治理结构”和“自洽的合法性感知”上来。在某些Crypto系统中，合法性不再仰赖国家授予，而是源于网络自身运行所生成的认同感和秩序感。这种转变本身带有辩证的两面：一方面，去中心化技术削弱了地理国家对合法性的垄断；但另一方面，这些技术社群往往重新制造出一种更强烈的主权意象，仿佛回归了主权逻辑的另一种形式（即“再国家化”）。

从福柯的观点看，这体现了一种权力编碼方式的更替。国家的主权在本质上是一套权力关系的编碼，靠暴力和法律被维系medium.com。“合法性”传统上来自于**“统治的习俗化”：人民接受国家是因为历史、法律和强制使其看似当然。然而Crypto开创了另一个路径：它通过“真理化”权力关系来赢得合法性。诚如福柯所言，现代国家以“权威而非真理”铸成法律；而区块链则尝试以“真理（共识不可篡改）”来让秩序合法medium.com。medium.com有学者借鉴福柯的生权力概念指出，加密系统通过把权力关系字面地编入代码，创造了一种全新的社会、经济乃至政治力量medium.com。这种力量一方面作为对抗国家装置的反权力出现，另一方面又提供了新型的治理方案和法律形式medium.com。换言之，在Crypto中“代码之治”取代了“暴力之治”，共识机制取代枪炮成为背后支撑规则的力量medium.com。它以数学和协议的不可违背性打造出一种“不可侵犯的真理体系”**来承载法律，从而宣称自己具有正当性medium.com。这种正当性被参与者以切身经验感知到：每一笔交易的确定性、每一次投票的公开透明，都在累积对系统公正性的信任。当足够多的人认同“链上的结果即合法”，那么代码本身就获得了权威。

然而，这是否意味着国家主权失去了角色？事实上，我们在TRON、BNB案例中看到，相当多Crypto系统依然寻求模拟乃至重塑主权。可以说，Crypto并非单纯地消解主权，而是在重写主权。许多区块链网络内部形成的治理结构，本质上是某种微观政治共同体，它们需要获得“合法性资本”以维系内部秩序vitalik.eth.limo。维塔利克·布特林强调，合法性是一种关键的稀缺资源，是区块链运作的基石vitalik.eth.limo。当社区认定某种共识改变是合法的，它就会被接受；反之则可能分叉或叛离vitalik.eth.limo。这表明即使没有国家，社群本身会生成新的合法性来源。这种合法性或许来自道德感召（如门罗的隐私伦理），或来自技术信念（如比特币的算法公正），或来自领袖魅力和政治交易（如TRON/BNB）。无论来源如何，其共同点是：经由参与者的体验和共识，这些Crypto系统内部涌现出一种共同承认的权威。

可以将其理解为**“自洽的合法性感知”：Crypto系统通过一套自足的规则和象征，使参与者产生对其正当性的直觉认知。这种正当性未必需要外在支持，正如列维纳斯所言，“他者的面容”赋予我们伦理上的责任和正当约束；在去中心化网络中，“他者”即社区共识本身**。每个节点、每个用户既是他者也是自身主权的一部分：当他们彼此认可网络规则的正当性时，就构成了一种内在伦理契约。比特币社区不需要某国政府认可其发行的币合法，但社区内部对21百万上限、对工作量证明的认同本身就是合法性的来源。同理，以太坊社区在DAO事件后选择回滚分叉，是基于成员对“恢复社会正义”的共识来定义何为合法结果，而非听命于外部权威vitalik.eth.limo。

因此，我们正见证某种主权概念的奇异转变：主权合法性从地理国家转移到分布式网络，从肉身暴力转移到算法规则，从他律转移到某种新形式的自律（但这种自律又是一群人的共同他律）。这可以被视为一种去国家化的主权（de-nationalized sovereignty）。它在表面上削弱了民族国家的统治，但在实践中，加密网络内部往往塑造出更强烈的“主权”氛围：有旗帜（符号和Logo）、有宪章（白皮书和协议）、有公民（持币人）、有政府（开发团队/节点联盟）和法院（共识投票机制）。甚至，Crypto主权者还创造出了自己的暴力替代物：矿工的算力竞争、验证者的斥资押注，都扮演着捍卫秩序的功能——虽然不以流血形式出现，却也要求付出资源和冒险来维护规则。

值得注意的是，这种新型主权氛围也潜藏风险：列维纳斯提醒我们，真正的伦理在于对他者的无条件责任。如果一种新的“主权”缺乏对真正他者（如社会上最弱者、圈外人）的关切，而只顾自身体系的自洽，那么它可能蜕变为封闭的“总体性”，失去伦理高度。换言之，自洽的合法性必须警惕变成一种自我循环的独断。如果Crypto系统只是在复制国家主权的仪式而缺乏对他者的敏感，那么它带来的可能不是真正超越国家的政治解放，反而可能是技术掩饰下的旧权力延续。

5. 结语：新的政治现象的生成？

通过对加密货币“制造主权合法性的地平线”的探讨，我们进入了一个复杂而耐人寻味的哲学反思：我们是否正在见证一种全新的政治现象生成？Crypto所引发的，究竟是对“统治”、“合法性”与“国家”这些根本范畴的改写，还是对其模拟与延展？

一方面，区块链技术的出现无疑挑战了传统政治哲学。昔日主权离不开疆域与暴力，如今无形的代码与共识竟能使数亿资金流转、有社区誓死捍卫其决策。权力不再完全垄断于政府机构；合法性不再完全依赖霍布斯式的臣民契约或韦伯式的科层理性，而在很大程度上取决于技术架构能否令参与者信服。如果说政治现象的生成需要公共领域中主体间的互动，那么Crypto提供了一个前所未有的新场域：匿名的个体通过算法秩序关联在一起，形成了某种准政治共同体。从现象学角度看，我们的经验世界里第一次出现了**“数字此在”**（digital Dasein）彼此互动生成秩序的景象——没有警察和军队，但有哈希和共识；没有政府颁布法律，但有协议自动执行；没有法袍加身的法官，但有遍布全球的节点见证和仲裁。这究竟是对政治的扬弃，还是另一种形式的政治？或许我们正站在理解政治的新地平线上。

另一方面，我们也需清醒地看到，新事物背后潜藏旧问题。Crypto的很多实践是在重新定义合法性来源，但仍然绕不开人类社会固有的权力张力。链上治理也好、社区共识也罢，无法免俗地出现寡头影响、话语控制、少数服从多数等经典政治难题。甚至，一些Crypto系统以去中心之名行中心集权之实，只不过权力披上了技术的外衣。因而，我们应当辩证地看待Crypto的“再主权化”倾向：它可能预示着政治形态从民族国家向网络共同体的演变，但未必根本消除了不公和压迫。正如福柯分析的，那些看似超越国家的新权力网络，也许只是在以更微妙的方式治理我们en.wikipedia.org。

对于哲学而言，Crypto提供了一个试金石。它迫使我们重新审视“统治”究竟意味着什么：当没有了可见的统治者，规则本身成为统治，我们还如何定义服从与自由？它也促使我们反思“合法性”的本质：究竟是源自暴力威慑、传统习俗，抑或如卢梭所愿是公共意志？在区块链上，公共意志表现为共识算法下的“多数同意”，但这与理想的人民主权是否相符，仍有待商榷。最后，“国家”的概念或将被重构：也许未来的“国家”不再局限于地理和民族，而可能是一群共享某种链上身份和价值观的人所组成的数字邦联。“网络主权”或者“算法城邦”不再是科幻小说的描绘，而是现实政治经济中的活跃力量。

我们正在迈入一个灰色地带：传统政治哲学的范畴在此与数字现实交织，出现模糊和变形。Crypto既非纯粹技术现象，也非单一经济事物，而更像是一次跨领域的实验，带有人类对秩序与自由的双重渴望。或许再过若干年，我们回看今日，会发现Crypto确实开启了一场关于主权合法性的深刻变革；也或许，我们会发现它只是在旧逻辑中循环。但无论如何，当下这一幕——代码、伦理、权力交织下的合法性地平线之生成——值得我们以最审慎又开放的心态去观察、去理论化。这不仅关乎Crypto本身的命运，更关系到21世纪人类如何重新定义自身共同生活的基本准则。我们也许正在书写“统治-合法性-国家”三位一体的新篇章，其走向仍未定型，而思想的追问与参与将是塑造这一走向的重要力量。

参考文献：

• Husserl, Edmund. Ideas Pertaining to a Pure Phenomenology and to a Phenomenological Philosophy (1913). 引自Stanford Encyclopedia of Philosophy对胡塞尔“意向地平线”的论述plato.stanford.edu。

• Foucault, Michel. Security, Territory, Population (1977-78讲座). 福柯“治理性”概念参考en.wikipedia.orgen.wikipedia.org。

• Erik Cason, “Crypto, Truth and Power. Understanding crypto through Foucault’s…,” Medium, 2020. 将福柯权力观应用于Crypto的分析medium.commedium.com。

• Erik Cason, ibid – 引用其中对列维纳斯他者概念的借用medium.com，以及对国家权力与真理关系的讨论medium.com。

• Bitcoin.org官方介绍页面，阐述比特币去中心化无中央权威特性bitcoin.org。

• “Monero (XMR) Flips Toncoin…” – CoinStats新闻，引用其中对门罗币隐私和去国家化理念的描述coinstats.app。

• CoinDesk新闻《Tron’s T3 Financial Crime Fighting Unit Hits $100M in Frozen USDT》, 2025, 报道波场联合执法冻结资金coindesk.comcoindesk.com。

• Commonwealth of Dominica官方公告，2022, 宣布TRON系列币种获得该国法定货币地位commonwealthchamber.com。

• Cointelegraph新闻《Binance’s indecision to freeze BNB wallets...》，2023, 揭示BNB链验证者可协作冻结地址的事实cointelegraph.com。

• Binance官方博客《Binance widens access to BUSD stablecoin》，2022, 提及BUSD受纽约监管批准发行binance.com。

• Vitalik Buterin, “The Most Important Scarce Resource is Legitimacy,” 2021, 讨论区块链治理中合法性的关键作用vitalik.eth.limo。

@ ca76c778:e784c54b

A few days ago I remembered video by Antonio Stappaerts(Artwod) on Youtube. And I thought to myself I want to be really good at drawing hands.\ In the video he explains something that, in my opinion, applies when learning just about anything.

If you've heard of the Dunning-Kruger effect then you know the first part.\ If you haven't, one begins learning something and on top of the first peak thinks oneself to be almost a master. And then one learns a little bit more and realizes how little skill one actually has.

\ Now, what is really interesting is this. He points out that the second slope is made up of many smaller Dunning-Kruger effects. For example the effect will apply when learning: the basic shape of the figure, how to pose the figure, how draw the hands, the hair etc.

So the way to climb the second hill is to understand and practice these smaller skills. And not just once or twice. You want to reach close to the second peak of each of the smaller skills.

And with that in mind I search for a good tutorial about drawing hands and got down to it(for the third time).

Step one was to learn pose and gesture using a grid shape.

https://cdn.satellite.earth/f55a9d1ef2fd687a9dce5ceee5e05a1b666c436509e264ddbac4d260b99e882a.jpg

https://cdn.satellite.earth/1b5524635c20ee4869f4860c982deea469cb87be7ad7b404e1777497b5a4fbd4.jpg

https://cdn.satellite.earth/35652251243ffd8c495b855c319d27da0c193ff2e951591f0a9f1b35aad39b29.jpg

https://cdn.satellite.earth/68f55979d102b4ebe55177842c6d9ab2ab30b95f926441429d977b47fae925c3.jpg

Step two. Practice the basic forms for the palm and fingers.\ I got carried away and drew some hands.

https://cdn.satellite.earth/48b400f72e35d078368149f00182cb58e606ddd16f6db4e7789c1431c28d44a0.jpg

Step three. learn the measurements.

https://cdn.satellite.earth/75c9b82da90ef50d17f698dd7b1eadc223b74a019a702a4617ed7d321646a87c.jpg

Step four. Understand the fingers.

https://cdn.satellite.earth/e33f9f3f9217bf5e3e206e96dfe764eba09b9fb3c10b450bb9c8a4075e3c1ec8.jpg

Step five. Learn about the thumb and put it all together. Drawing from reference and imagination.

https://cdn.satellite.earth/b2dd9c1cc1045dde021272199818b0db331e71a603c5900122aa850eb2d4148a.jpg

https://cdn.satellite.earth/8f5647ae9e148ad6217c106b5b69cf231384475e0a0eedf210bd149f75ade0b7.jpg

@ e2c72a5a:bfacb2ee

Forget Lambos, Bitcoin's going corporate.

Sixty one publicly listed companies now hold over 3% of Bitcoin's total supply, doubling their holdings in just two months. That's faster than even Michael Saylor's MicroStrategy. K Wave Media, a South Korean firm, is raising $500M for a Bitcoin treasury, aiming to be the "Metaplanet of Korea." Even Pakistan is discussing Bitcoin reserve plans with Trump's crypto team.

Is your portfolio ready for the corporate Bitcoin takeover?

@ a5ee4475:2ca75401

clients #link #list #english #article #finalversion #descentralismo

*These clients are generally applications on the Nostr network that allow you to use the same account, regardless of the app used, keeping your messages and profile intact.

**However, you may need to meet certain requirements regarding access and account NIP for some clients, so that you can access them securely and use their features correctly.

---

CLIENTS

---

Twitter like

• Nostrmo - [source] 🌐💻(🐧🪟🍎)🍎🤖(on zapstore)
• Coracle - Super App [source] 🌐🤖(on zapstore)
• Amethyst - Super App with note edit, delete and other stuff with Tor [source] 🤖(on zapstore)
• Primal - Social and wallet [source] 🌐🍎🤖(on zapstore)
• Iris - [source] 🌐🤖🍎
• Current - [source] 🤖🍎
• FreeFrom 🤖🍎
• Openvibe - Nostr and others (new Plebstr) [source] 🤖🍎
• Snort 🌐(🤖[early access]) [onion] [source]
• Damus 🍎 [source]
• Nos 🍎 [source]
• Nostur 🍎 [source]
• NostrBand 🌐 [info] [source]
• Yana [source] 🌐💻(🐧) 🍎🤖(on zapstore)
• Nostribe [on development] 🌐 [source]
• Lume 💻(🐧🪟🍎) [info] [source]
• Gossip - [source] 💻(🐧🪟🍎)
• noStrudel - Gamified Experience [onion] [info/source] 🌐
• [Nostrudel Next] - [onion]
• moStard - Nostrudel with Monero [onion] [info/source] 🌐
• Camelus - [source] 🤖 [early access]

---

Community

• CCNS - Community Curated Nostr Stuff [source]
• Nostr Kiwi [creator] 🌐
• Satellite [info] 🌐
• Flotilla - [source] 🌐🐧🤖(on zapstore)
• Chachi - [source] 🌐
• Futr - Coded in haskell [source] 🐧 (others soon)
• Soapbox - Comunnity server [info] [source] 🌐
• Ditto - Soapbox community server 🌐 [source] 🌐
• Cobrafuma - Nostr brazilian community on Ditto [info] 🌐
• Zapddit - Reddit like [source] 🌐
• Voyage (Reddit like) [on development] 🤖

---

Wiki

• Wikifreedia - Wiki Dark mode [source] 🌐
• Wikinostr - Wiki with tabs clear mode [source] 🌐
• Wikistr - Wiki clear mode [info] [source] 🌐

---

Search

• Keychat - Signal-like chat with AI and browser [source] 💻(🐧🪟🍎) - 📱(🍎🤖{on zapstore})
• Spring - Browser for Nostr apps and other sites [source] 🤖 (on zapstore)
• Advanced nostr search - Advanced note search by isolated terms related to a npub profile [source] 🌐
• Nos Today - Global note search by isolated terms [info] [source] 🌐
• Nostr Search Engine - API for Nostr clients [source]
• Ntrends - Trending notes and profiles 🌐

---

Website

• Nsite - Nostr Site [onion] [info] [source]
• Nsite Gateway - Nostr Site Gateway [source]
• Npub pro - Your site on Nostr [source]

---

App Store

ZapStore - Permitionless App Store [source] 🤖 💻(🐧🍎)

---

Video and Live Streaming

• Flare - Youtube like 🌐 [source]
• ZapStream - Lives, videos, shorts and zaps (NIP-53) [source] 🌐 🤖(lives only | Amber | on zapstore)
• StreamCat - [source code dont found]
• Shosho - Stream your camera [source] 🤖(on zapstore)
• Swae - Live streaming [source] (on development) ⏳

Post Aggregator - Kinostr - Nostr Cinema with #kinostr [english] [author] 🌐 - Stremstr - Nostr Cinema with #kinostr [english] [source] 🤖

Link Agreggator - Kinostr - #kinostr - Nostr Cinema Profile with links [English] - Equinox - Nostr Cinema Community with links [Portuguese]

---

Audio and Podcast Transmission

• Castr - Your npub as podcast feed [source]
• Nostr Nests - Audio Chats [source] 🌐
• Fountain - Podcast [source] 🤖🍎
• Corny Chat - Audio Chat [source] 🌐

---

Music

• Tidal - Music Streaming [source] [about] [info] 🤖🍎🌐
• Wavlake - Music Streaming [source] 🌐(🤖🍎 [early access])
• Tunestr - Musical Events [source] [about] 🌐
• Stemstr - Musical Colab (paid to post) [source] [about] 🌐

---

Images

• Lumina - Trending images and pictures [source] 🌐
• Pinstr - Pinterest like [source] 🌐
• Slidestr - DeviantArt like [source] 🌐
• Memestr - ifunny like [source] 🌐

---

Download and Upload

• DTAN - Distributed Torrent Archive on Nostr [info] [source] 🌐

---

Documents, graphics and tables

• Mindstr - Mind maps [source] 🌐
• Docstr - Share Docs [info] [source] 🌐
• Formstr - Share Forms [info] 🌐
• Sheetstr - Share Spreadsheets [source] 🌐
• Slide Maker - Share slides 🌐 [Advice: Slide Maker https://zaplinks.lol/ site is down]

---

Health

• Sobrkey - Sobriety and mental health [source] 🌐
• Runstr - Running app [source] 🌐
• NosFabrica - Finding ways for your health data 🌐
• LazerEyes - Eye prescription by DM [source] 🌐

---

Forum

• OddBean - Hacker News like [info] [source] 🌐
• LowEnt - Forum [info] 🌐
• Swarmstr - Q&A / FAQ [info] 🌐
• Staker News - Hacker News like 🌐 [info]

---

Direct Messenges (DM)

• 0xchat 🤖🍎 [source]
• Nostr Chat 🌐🍎 [source]
• Blowater 🌐 [source]
• Anigma (new nostrgram) - Telegram based [on development] [source]

---

Reading

• Oracolo - A minimalist Nostr html blog [source]
• nRSS - Nostr RSS reader 🌐
• Highlighter - Insights with a highlighted read [info] 🌐
• Zephyr - Calming to Read [info] 🌐
• Flycat - Clean and Healthy Feed [info] 🌐
• Nosta - Check Profiles [on development] [info] 🌐
• Alexandria - e-Reader and Nostr Knowledge Base (NKB) [source] 🌐

---

Writing

• Habla - Blog [info] 🌐
• Blogstack - Blog [info]🌐
• YakiHonne - Articles and News [info] 🌐🍎🤖(on zapstore)

---

Lists

• Following - Users list [source] 🌐
• Nostr Unfollower - Nostr Unfollower
• Listr - Lists [source] 🌐
• Nostr potatoes - Movies List [source] 💻(numpy)

---

Market and Jobs

• Shopstr - Buy and Sell [onion] [source] 🌐
• Nostr Market - Buy and Sell 🌐
• Plebeian Market - Buy and Sell [source] 🌐
• Ostrich Work - Jobs [source] 🌐
• Nostrocket - Jobs [source] 🌐

---

Data Vending Machines - DVM (NIP90)

(Data-processing tools)

• Noogle - [source] 🌐
• Vendata - [source] 🌐
• TaskTiger 🌐
• Malware DVMs 🌐

---

Games

• Chesstr - Chess 🌐 [source]
• Jestr - Chess [source] 🌐
• Snakestr - Snake game [source] 🌐
• Snakes on a Relay - Multiplayer Snake game like slither.io [source] 🌐

ENGINES - DEG Mods - Decentralized Game Mods [info] [source] 🌐 - NG Engine - Nostr Game Engine [source] 🌐 - JmonkeyEngine - Java game engine [source] 🌐

---

Customization

• Emojito - Send Funny Stickers to React 🌐 [creator]

---

Like other Services

• Olas - Instagram like [source] 🌐🍎🤖(on zapstore)
• Nostree - Linktree like 🌐
• Rabbit - TweetDeck like [info] 🌐
• Zaplinks - Nostr links 🌐
• Omeglestr - Omegle-like Random Chats [source] 🌐

---

General Uses

• Njump - HTML text gateway source 🌐
• Filestr - HTML midia gateway [source] 🌐
• W3 - Nostr URL shortener [source] 🌐
• Playground - Test Nostr filters [source] 🌐

---

Places

• Wherostr - Travel and show where you are
• Arc Map (Mapstr) - Bitcoin Map [info]

---

Driver and Delivery

• RoadRunner - Uber like [on development] ⏱️
• Nostrlivery - iFood like [on development] ⏱️

⚠️ SCAM ⚠️ | Arcade City - Uber like [source]

---

OTHER STUFF

---

Lightning Wallets (zap)

• Wallet of Satoshi - Simplest Lightning Wallet [info] 🤖🍎
• Coinos - Web wallet and Nostr client [source] 🌐
• Alby - Native and extension [info] [source] 🌐
• Minibits - Cashu mobile wallet [info] 🤖
• LNbits - App and extension [source] 🤖🍎💻
• Zeus - [info] [source] 🤖🍎
• Blink - Open source custodial wallet (KYC over 1000 usd) [source] 🤖🍎

⚠️ ZBD - Zap Gaming wallet and no more Social [closed source] [info] [some resources] 🤖 ⚠️ ZBD suddenly canceled my account for alleged Terms of Service violations, gives me no explanation and won't let me withdraw my money ⚠️

Without Zap - Wassabi Wallet - Privacy-focused and non-custodial with Nostr Update Manager [source]

---

Exchange

• Mostro - P2P lightning exchange on Nostr [info] 🌐
• Emptio - Bitcoin P2P on Nostr [on development]

---

Media Server (Upload Links)

audio, image and video

Connected with Nostr (NIP):

• Nostr Build - Free and paid Upload [info] [source] 🌐
• NostrMedia - Written in Go with Nip 96 / Blossom (free and paid) [info] [source]
• Nostr Check - [info] [source] 🌐
• NostPic - [info] [source] 🌐
• Sovbit - Free and paid upload [info] [source] 🌐
• Voidcat - Nip-96 and Blossom [source] 🌐
• Primal Media - Primal Media Uploader [source] 🌐

Blossom - Your Media Safer

• Primal Blossom 🌐
• NostrBuild Blossom - Free upload (max 100MiB) and paid [info] [source] 🌐

Paid Upload Only

• Satellite CDN - prepaid upload (max 5GB each) [info] [source] 🌐

Without Nostr NIP:

• Pomf - Upload larger videos (max 1GB) [source]
• Catbox - max 200 MB [source]
• x0 - max 512 MiB [source]

---

Donation and payments

• Zapper - Easy Zaps [source] 🌐
• Autozap [source] 🌐
• Zapmeacoffee 🌐
• Nostr Zap 💻(numpy)
• Creatr - Creators subscription 🌐
• Geyzer - Crowdfunding [info] [source] 🌐
• Heya! - Crowdfunding [source]

---

Security

• Secret Border - Generate offline keys 💻(java)
• Umbrel - Your private relay [source] 🌐

---

Key signing/login and Extension

• Amber - Key signing [source] 🤖(on zapstore)
• Nowser - Account access keys 📱(🤖🍎) 💻(🐧🍎🪟)
• Nos2x - Account access keys 🌐
• Nsec.app 🌐 [info]
• Lume - [info] [source] 🐧🪟🍎
• Satcom - Share files to discuss - [info] 🌐
• KeysBand - Multi-key signing [source] 🌐

---

Code

• Stacks - AI Templates [info] [source] 🌐
• Nostrify - Share Nostr Frameworks 🌐
• Git Workshop (github like) [experimental] 🌐
• Gitstr (github like) [on development] ⏱️
• Osty [on development] [info] 🌐
• Python Nostr - Python Library for Nostr
• Sybil - Creating, managing and test Nostr events [on development] ⏱️

---

Relay Check and Cloud

• Nostr Watch - See your relay speed 🌐
• NosDrive - Nostr Relay that saves to Google Drive

---

Bidges and Getways

• Matrixtr Bridge - Between Matrix & Nostr
• Mostr - Between Nostr & Fediverse
• Nostrss - RSS to Nostr
• Rsslay - Optimized RSS to Nostr [source]
• Atomstr - RSS/Atom to Nostr [source]

Useful Profiles and Trends

nostr-voice - Voice note (just some clients)

---

NOT RELATED TO NOSTR

---

Voca - Text-to-Speech App for GrapheneOS [source] 🤖(on zapstore)

Android Keyboards

• Futo - Gboard like [source]
• Florisboard - [source]
• Heliboard - Openboard based [source]

---

Personal notes and texts

• Joplin - privacy-focused note taking app with sync capabilities [source] 📱(🤖🍎) - 💻 (🐧🪟🍎)

---

Front-ends

• Nitter - Twitter / X without your data [source]
• NewPipe - Youtube, Peertube and others, without account & your data [source] 🤖
• Piped - Youtube web without you data [source] 🌐

---

Other Services

• Brave - Browser [source]
• DuckDuckGo - Search [source]
• LLMA - Meta - Meta open source AI [source]
• DuckDuckGo AI Chat - Famous AIs without Login [source]
• Proton Mail - Mail [source]

Other open source index: Degoogled Apps

---

Some other Nostr index on:

Nostr Apps | Nostorg | Awesome Nostr

@ 7f6db517:a4931eda

What is KYC/AML?

• The acronym stands for Know Your Customer / Anti Money Laundering.
• In practice it stands for the surveillance measures companies are often compelled to take against their customers by financial regulators.
• Methods differ but often include: Passport Scans, Driver License Uploads, Social Security Numbers, Home Address, Phone Number, Face Scans.
• Bitcoin companies will also store all withdrawal and deposit addresses which can then be used to track bitcoin transactions on the bitcoin block chain.
• This data is then stored and shared. Regulations often require companies to hold this information for a set number of years but in practice users should assume this data will be held indefinitely. Data is often stored insecurely, which results in frequent hacks and leaks.  
• KYC/AML data collection puts all honest users at risk of theft, extortion, and persecution while being ineffective at stopping crime. Criminals often use counterfeit, bought, or stolen credentials to get around the requirements. Criminals can buy "verified" accounts for as little as $200. Furthermore, billions of people are excluded from financial services as a result of KYC/AML requirements.

During the early days of bitcoin most services did not require this sensitive user data, but as adoption increased so did the surveillance measures. At this point, most large bitcoin companies are collecting and storing massive lists of bitcoiners, our sensitive personal information, and our transaction history.

Lists of Bitcoiners

KYC/AML policies are a direct attack on bitcoiners. Lists of bitcoiners and our transaction history will inevitably be used against us.

Once you are on a list with your bitcoin transaction history that record will always exist. Generally speaking, tracking bitcoin is based on probability analysis of ownership change. Surveillance firms use various heuristics to determine if you are sending bitcoin to yourself or if ownership is actually changing hands.  You can obtain better privacy going forward by using collaborative transactions such as coinjoin to break this probability analysis.

Fortunately, you can buy bitcoin without providing intimate personal information. Tools such as peach, hodlhodl, robosats, azteco and bisq help; mining is also a solid option: anyone can plug a miner into power and internet and earn bitcoin by mining privately.

You can also earn bitcoin by providing goods and/or services that can be purchased with bitcoin. Long term, circular economies will mitigate this threat: most people will not buy bitcoin - they will earn bitcoin - most people will not sell bitcoin - they will spend bitcoin.

There is no such thing as KYC or No KYC bitcoin, there are bitcoiners on lists and those that are not on lists.

---

If you found this post helpful support my work with bitcoin.

@ d9a329af:bef580d7

This one is rather straightforward today, as I wanted to write something on the software I personally use in my day-to-day musical composition deal, depending on what needs to be done. I want to go a little in depth in this regard, so bear with me on this one.

For the first stop on this libreware-riddled pilgramage, the operating system.

There are two I'll be mentioning: one for beginners, and the one I use on a day-to-day basis (my daily driver).

1. Linux Mint
2. Fun Fact: This was my longest-running daily driver for a while (over a year or two and some change) before I switched to my current one (based upon Arch, an advanced distro)
3. Beginner friendly (based upon Ubuntu, Debian if using LMDE)
4. Usually works OOTB when it's set up for music production (with some exceptions on some software)
5. Versatile multimedia distribution (gaming, music, art, creative writing, etc.)
6. Software is old, but the distro is rock-solid.

Linux Mint... the classic choice for a popular distro aimed at GNU/Linux beginners. It's the most popular of them all, especially when it comes to Snap-free protest distros (Pop_OS! is another one that's Snap-free), and the most popular in general. It's a general-purpose OS aimed at easing beginners into Linux, and the wider FLOSS community (FLOSS is an acronym for Free/Libre Open-Source Software) of software made available using licensed like GPL, MIT, MPL, Apache-2, BSD, WTFPL, and many more of the like.

I would personally recommend the Debian Edition (LMDE) and use the Debian Testing repositories if you want up-to-date software, and not bleeding edge for APT (the package manager in Debian and Ubuntu). It will be much easier to learn how to add software repositories with a couple commands in the terminal that way, and this knowledge will transcend if you decide to move to vanilla Debian. However, if you want the Cinnamon Desktop Environment, Linux Mint is a good choice, as its developers are behind Cinnamon (It has the looks of Windows Vista, which is why it's so familiar for those switching from Windows). However, there isn't too much software in the Mint, Debian and Ubuntu repos, which is a bummer (you can just find community-maintained repos or build software from source if you have the know-how).

1. CachyOS
2. Fun Fact: It's my current daily driver (if you couldn't tell by now).
3. Arch-based distribution focused on content creation (vibe emanation as some Nostriches call it), gaming and other multimedia work
4. Optimized repositories depending on the CPU architecture family (I have V3 repos enabled, since I use a CPU that supports V3)
5. Bleeding edge of software packaging
6. Packages (both official and community maintained) out the wazoo (80k+ packages in the AUR [Arch User Repository], with some AUR packages in binary form thanks to the Chaotic AUR repo)

CachyOS... the gamer's Arch that even beats out the likes of EndeavourOS and Garuda Linux (both Arch-based gaming distros). This is thanks in part to the optimizations made to vanilla Arch (especially the optimized repositories based upon what CPU you have installed) among many other things done to it under the hood. However, while it is fantastic for gaming, the other multimedia performances are quite a sight to behold, especially since anybody worth their salt is using almost exclusively FLOSS to make things easier for yourself to escape the grasp of incompetent fools that we call politicians. Using Linux, FLOSS and GrapheneOS (the only acceptable AOSP ROM) will help you kickstart your journey to privacy, security and proper OPSEC protocols so you don't get sucked into the proprietary software matrix (which I explained in this article).

As a Linux user with almost 5 years of experience, it's hard for me to go back to proprietary stuff. After all, with the advancement in weaponized and centralized AI on the rise, I wanted to seriously get myself out of that (which is why I used almost exclusively FLOSS for the past 4+ years). Enough about that already, let's get into the software required for you to make music... oh wait, I'm talking about myself here. Whoops....

Now that the operating system is out of the way, let's get into the actual software I use to make music:

• Ardour (DAW)
• x42 Plugins (General Purpose Plugin Suite)
• LSP PLugins (General Purpose Plugin Suite)
• Sfizz (SFZ player)
• Dragonfly Reverb (Reverberation Plugin Suite)
• DeBess (Airwindows De-Esser)
• Noise Repellant (Noise Gate)
• Guitarix and GX Plugins (Guitar Pedalboard Simulation)
• Vital (Synth Plugin)
• Surge XT (Synth Plugin) [Unused]
• EQ10Q (No longer usable)
• CALF Plugins (No Longer Usable)
• DSK SF2 (I used this due to ACE Fluid Synth acting like a turd)
• DR-84 (Proprietary Drum Machine Plugin [Winblows])

These are the primary pieces of software that I use to make music on Linux, with the description as shown above. This article would be too long anyway if I were to explain them, so I'll leave that here.

@ dfa02707:41ca50e3

News

• Wallet of Satoshi teases a comeback in the US market with a non-custodial product. According to an announcement on X, the widely popular custodial Lightning wallet is preparing to re-enter the United States market with a non-custodial wallet. It is unclear whether the product will be open-source, but the project has clarified that "there will be no KYC on any Wallet of Satoshi, ever!" Wallet of Satoshi ceased serving customers in the United States in November 2023.

• Vulnerability disclosure: Remote crash due to addr message spam in Bitcoin Core versions before v29. Bitcoin Core developer Antoine Poinsot disclosed an integer overflow bug that crashes a node if spammed with addr messages over an extended period. A fix was released on April 14, 2025, in Bitcoin Core v29.0. The issue is rated Low severity.
• Coinbase Know Your Customer (KYC) data leak. The U.S. Department of Justice, including its Criminal Division in Washington, is investigating a cyberattack on Coinbase. The incident involved cybercriminals attempting to extort $20 million from Coinbase to prevent stolen customer data from being leaked online. Although the data breach affected less than 1% of the exchange's users, Coinbase now faces at least six lawsuits following the revelation that some customer support agents were bribed as part of the extortion scheme.
• Fold has launched Bitcoin Gift Cards, enabling users to purchase bitcoin for personal use or as gifts, redeemable via the Fold app. These cards are currently available on Fold’s website and are planned to expand to major retailers nationwide later this year.

"Our mission is to make bitcoin simple and approachable for everyone. The Bitcoin Gift Card brings bitcoin to millions of Americans in a familiar way. Available at the places people already shop, the Bitcoin Gift Card is the best way to gift bitcoin to others," said Will Reeves, Chairman and CEO of Fold.

• Corporate treasuries hold nearly 1.1 million BTC, representing about 5.5% of the total circulating supply (1,082,164 BTC), per BitcoinTreasuries.net data. Recent purchases include Strategy adding 7,390 BTC (total: 576,230 BTC), Metplanet acquiring 1,004 BTC (total: 7,800 BTC), Tether holding over 100,521 BTC, and XXI Capital, led by Jack Mallers, starting with 31,500 BTC.
  • Meanwhile, a group of investors has filed a class action lawsuit against Strategy and its executive Michael Saylor. The lawsuit alleges that Strategy made overly optimistic projections using fair value accounting under new FASB rules while downplaying potential losses.
• The U.S. Senate voted to advance the GENIUS stablecoin bill for further debate before a final vote to pass it. Meanwhile, the House is crafting its own stablecoin legislation to establish a regulatory framework for stablecoins and their issuers in the U.S, reports CoinDesk.
• French 'crypto' entrepreneurs get priority access to emergency police services. French Minister of the Interior, Bruno Retailleau, agreed on measures to enhance security for 'crypto' professionals during a meeting on Friday. This follows a failed kidnapping attempt on Tuesday targeting the family of a cryptocurrency exchange CEO, and two other kidnappings earlier this year.
• Brussels Court declares tracking-based ads illegal in EU. The Brussels Court of Appeal ruled tracking-based online ads illegal in the EU due to an inadequate consent model. Major tech firms like Microsoft, Amazon, Google, and X are affected by the decision, as their consent pop-ups fail to protect privacy in real-time bidding, writes The Record.
• Telegram shares data on 22,777 users in Q1 2025, a significant increase from the 5,826 users' data shared during the same period in 2024. This significant increase follows the arrest of CEO and founder Pavel Durov last year.
• An Australian judge has ruled that Bitcoin is money, potentially exempting it from capital gains tax in the country. If upheld on appeal, this interim decision could lead to taxpayer refunds worth up to $1 billion, per tax lawyer Adrian Cartland.

Use the tools

• Bitcoin Safe v1.3.0 a secure and user-friendly Bitcoin savings wallet for beginners and advanced users, introduces an interactive chart, Child Pays For Parent (CPFP) support, testnet4 compatibility, preconfigured testnet demo wallets, various bug fixes, and other improvements.
• BlueWallet v7.1.8 brings numerous bug fixes, dependency updates, and a new search feature for addresses and transactions.
• Aqua Wallet v0.3.0 is out, offering beta testing for the reloadable Dolphin card (in partnership with Visa) for spending bitcoin and Liquid BTC. It also includes a new Optical Character Recognition (OCR) text scanner to read text addresses like QR codes, colored numbers on addresses for better readability, a reduced minimum for spending and swapping Liquid Bitcoin to 100 sats, plus other fixes and enhancements.

Source: Aqua wallet.

• The latest firmware updates for COLDCARD Mk4 v5.4.3 and Q v1.3.3 are now available, featuring the latest enhancements and bug fixes.
• Nunchuk Android v1.9.68.1 and iOS v1.9.79 introduce support for custom blockchain explorers, wallet archiving, re-ordering wallets on the home screen via long-press, and an anti-fee sniping setting.
• BDK-cli v1.0.0, a CLI wallet library and REPL tool to demo and test the BDK library, now uses bdk_wallet 1.0.0 and integrates Kyoto, utilizing the Kyoto protocol for compact block filters. It sets SQLite as the default database and discontinues support for sled.
• publsp is a new command-line tool designed for Lightning node runners or Lightning Service Providers (LSPs) to advertise liquidity offers over Nostr.

"LSPs advertise liquidity as addressable Kind 39735 events. Clients just pull and evaluate all those structured events, then NIP-17 DM an LSP of their choice to coordinate a liquidity purchase," writes developer smallworlnd.

• Lightning Blinder by Super Testnet is a proof-of-concept privacy tool for the Lightning Network. It enables users to mislead Lightning Service Providers (LSPs) by making it appear as though one wallet is the sender or recipient, masking the original wallet. Explore and try it out here.

• Mempal v1.5.3, a Bitcoin mempool monitoring and notification app for Android, now includes a swipe-down feature to refresh the dashboard, a custom time option for widget auto-update frequency, and a

@ 0b65f96a:7fda4c8f

Es gibt Bibliotheken voll Literatur zur „Kunst“ der Kriegsführung. Dies hier ist ein Beitrag zu den Bibliotheken der Kunst Frieden zu führen. Denn Frieden ist nicht die Abwesenheit von Krieg. Sondern eine mindestens ebenso intensive Aktivität. Worin genau besteht sie aber? Ich glaube darin, weder nach der einen noch nach der anderen Seite vom Hochseil zu fallen. Denn vom Hochseil kann man immer nach zwei Seiten fallen. Das ist dann auch schon die Kernherausforderung: Gleichgewichthalten!

Es scheint zunächst ein ganz äußerlicher Auftrag. Es gibt immer und wird immer widerstreitende Interessen geben. Allerdings ist das nur die äußerste Zwiebelschale. Denn wenn wir die Sache etwas mit Abstand von uns selbst betrachten, werden wir in uns hinein verwiesen: Frieden kann nur von innen nach außen gestiftet werden. Wenn wir das Hochseil in uns suchen, was finden wir dann? – Zweifels ohne, wissen wir von uns, dass wir nicht jeden Tag unser bestes Selbst sind. Würde es sich nicht lohnen etwas genauer über die Möglichkeit nach zwei Seiten vom Hochseil zu fallen nachzudenken, zugunsten der eigenen Balancierfähigkeit?

Wir sind daran gewöhnt zu denken dem Guten steht das Böse gegenüber. Daraus ziehen ja alle Western und Martial Arts Streifen ihren Plot: Der Gute bringt den Bösen um die Ecke und damit hat wieder mal das Gute gesiegt. Wir bewerten das „um die Ecke bringen“ unterschiedlich, je nach dem, von wem es kommt.

Ich möchte einen neuen Gedanken vorschlagen über unser Inneres, über Gut und Böse nachzudenken. Denn, wie gesagt, vom Hochseil kann man nach zwei Seiten fallen. Und es hat immer drastische Wirkung. Wo kommen wir also hin, wenn wir sagen: Frieden ist immer ein Gleichgewichtszustand, ergo eine Zeit der Mitte?

Sagen wir Toleranz ist ein erstrebenswertes Ideal. Dann würden wir sicher sagen Engstirnigkeit ist das Gegenteil davon und alles andere als Wünschenswert. Ja, so ist es gewiss. Und es bleibt hinzuzufügen, auch Beliebigkeit ist das Gegenteil von Toleranz. Denn es gibt eine Grenze, wo Toleranz nicht mehr Toleranz ist, sondern Beliebigkeit, ein „alles ist möglich“. Ähnlich können wir es für Großzügigkeit denken: Großzügigkeit ist ein erstrebenswertes Ideal. Ihr Gegenteil ist Geiz. Ihr anderes Gegenteil die Verschwendung. Oder Mut. Mut ist ein erstrebenswertes Ideal. Feigheit sein Gegenteil. Sein anderes Gegenteil ist Leichtsinn. Mit andern Worten: Das Ideal wird immer zum Hochseil. Und wir können immer nach zwei Seiten von ihm fallen. Wenn wir diesem Gedanken folgen, kommen wir weg von der Gut-Böse-Dualität. Und stattdessen zur Frage nach dem Gleichgewicht. Zur Frage nach der Mittezeit.

Natürlich steht es uns frei all das zu denken. Oder auch nicht zu denken. Denn selbstverständlich ist es möglich es nicht zu denken und bei einer Dualitätsvorstellung festhängen zu bleiben. Es wird uns nur nicht helfen Frieden zu denken und in Frieden zu handeln. Wenn wir wollen können wir durch das Aufspannen einer Trinität einen neuen Raum eröffnen und betreten. In ihm wird Frieden aktiv führbar, denn er wird eine Gleichgewichtssituation in uns selbst! – Nicht eine, sich einander gegenüberstehender äußerer Mächte!

Gehen wir noch einen Schritt weiter in unserer Betrachtung, können wir feststellen, dass es durchaus einen Unterschied macht nach welcher Seite wir runter fallen. Denn auf der einen Seite ist es immer eine Verengung: Engstirnigkeit, Geiz, Feigheit in unseren Beispielen. Auf der anderen ist es immer eine Zersplitterung oder Versprühung. In unseren Beispielen Beliebigkeit, Verschwendung und Leichtsinn. Und das erstrebenswerte ist eben immer die Mitte, das von uns ständig aktualisierte Gleichgewicht.

Das interessante ist, wo diese Mitte liegt, lässt sich niemals statisch festlegen. Sie ist immer dynamisch. Denn sie kann zu unterschiedlichen Momenten an unterschiedlicher Stelle liegen. Es ist immer ein Ich, das sich in Geistesgegenwart neu ausbalanciert. Und darum ist Frieden so schwer. Wir werden ihn niemals „haben“, sondern ihm immer entgegen gehen.

Der Kriegsruf ist nichts anderes, als ein Versuch von denen, die vom Hochseil gefallen sind, uns auch herunter zu kicken.

Netter Versuch. Wird aber nichts!

In der Nussschale: Die Dualität auflösen in die Trinität der balancierenden Mitte zwischen der Geste der Versteinerung und der Geste des Zerstäubens oder Zersplitterns. Die dynamische Qualität der Mitte bemerken. Oder, tun wir es nicht, ist das gleich der erste Anstoß, der uns wieder zum Wackeln bringt. Und des Ich´s gewahr werden, das balanciert. Frieden führen ist eine Kunst.

---

Dieser Beitrag wurde mit dem Pareto-Client geschrieben.

---

Patric I. Vogt, geb. 1968 in Mainz. Autor von „Zukunft beginnt im Kopf Ein Debattenbeitrag zur Kernsanierung von Rechtsstaat und Demokratie“. Lebt als freischaffender Künstler, Lehrer und Unternehmer. Über drei Jahrzehnte Beschäftigung mit dem Ideenfeld soziale #Dreigliederung und Anthroposophie. Moderation und Mediation von sozialen Prozessen und Organisationsentwicklung. Staatlich ungeprüft, abgesehen von den Fahrerlaubnissen zu Land und zu Wasser. Motto: Gedanken werden Worte, werden Taten! www.perspektivenwechsel.social

---

@ 9ca447d2:fbf5a36d

Neutron, Asia’s leading Bitcoin Lightning infrastructure company, announced the upcoming launch of Neutron Lend, a non-custodial, bitcoin-backed lending product designed for individuals and businesses who want access to liquidity without selling their bitcoin.

The service is currently open for waitlist sign-ups, with public access expected by end of June 2025.

As Bitcoin adoption accelerates, many holders are looking for secure ways to borrow against their bitcoin while maintaining control of their assets. Neutron Lend addresses this need with a multi-signature custody model, competitive interest rates, and a clear, transparent loan structure.

Key Features of Neutron Lend

• Borrow $10,000 to $1,000,000 USDT
• Non-custodial 3-key multi-sig (User, Neutron, Neutral Custodian)
• 50% Loan-to-Value (LTV)
• Principal + interest paid at loan maturity
• Introductory interest rates between 6% and 12% APR, based on tier
• Extension options available (with admin fee and adjusted rates)

Loans are fully collateralized with bitcoin and managed securely using a multi-sig wallet where users retain one of the keys. Neutron does not rehypothecate collateral, and no party can move the funds unilaterally.

“As Bitcoin continues to redefine the future of finance, I’m proud to introduce Neutron Lend a product built for those who believe in the long-term value of their BTC but need liquidity today,” said Albert Buu, CEO of Neutron. He added:

“Traditional finance simply doesn’t understand the needs of Bitcoiners: they force you to sell your most trusted asset or leave you without options.

“With Neutron Lend, our users can secure USDT loans against their BTC collateral at competitive rates, unlocking capital to invest, grow, and diversify without ever parting with their bitcoin.

We see a massively underserved market of HODLers and innovators who deserve access to flexible, transparent lending solutions. At Neutron, we’re here for you, empowering the Bitcoin community with the financial tools they’ve been waiting for.”

Now Open for Waitlist Registration

Neutron Lend is currently in waitlist phase. Early users will receive:

• Priority access to the platform at launch
• Limited-time introductory rates

The platform is expected to begin rolling out globally by end of June 2025.

Media Contact:
info@neutron.me

Learn More and Join the Waitlist: www.neutron.me/lend

About Neutron

Neutron is a Bitcoin Lightning infrastructure company based in Asia, offering scalable financial tools across the Bitcoin ecosystem. Its products include a Lightning-as-a-Service API (Neutron Economy), the consumer-facing Neutronpay app, and now Neutron Lend, bringing secure, flexible Bitcoin-backed lending to market.

@ b1ddb4d7:471244e7

Hosted at the iconic Palace of Culture and Science—a prominent symbol of the communist era—the Bitcoin FilmFest offers a vibrant celebration of film through the lens of bitcoin. The venue itself provides a striking contrast to the festival’s focus, highlighting bitcoin’s core identity as a currency embodying independence from traditional financial and political systems.

𝐅𝐢𝐱𝐢𝐧𝐠 𝐭𝐡𝐞 𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐰𝐢𝐭𝐡 𝐩𝐨𝐰𝐞𝐫𝐟𝐮𝐥 𝐦𝐮𝐬𝐢𝐜 𝐯𝐢𝐛𝐞𝐬.
Warsaw, Day Zero at #BFF25 (European Bitcoin Pizza Day) with @roger__9000, MadMunky and the @2140_wtf squad pic.twitter.com/9ogVvWRReA

— Bitcoin FilmFest (@bitcoinfilmfest) May 28, 2025

This venue represents an era when the state tightly controlled the economy and financial systems. The juxtaposition of this historical site with an event dedicated to bitcoin is striking and thought-provoking.

The event features a diverse array of activities, including engaging panel discussions, screenings of both feature-length and short films, workshops and lively parties. Each component designed to explore the multifaceted world of bitcoin and its implications for society, offering attendees a blend of entertainment and education.

The films showcase innovative narratives and insights into bitcoin’s landscape, while the panels facilitate thought-provoking discussions among industry experts and filmmakers.

Networking is a significant aspect of the festival, with an exceptionally open and friendly atmosphere that foster connections among participants. Participants from all over Europe gather to engage with like-minded individuals who share a passion for BTC and its implications for the future.

The open exchanges of ideas foster a sense of community, allowing attendees to forge new connections, collaborate on projects, and discuss the potential of blockchain technology implemented in bitcoin.

The organization of the festival is extraordinary, ensuring a smooth flow of information and an expertly structured schedule filled from morning until evening. Attendees appreciate the meticulous planning that allowed them to maximize their experience. Additionally, thoughtful touches such as gifts from sponsors and well-chosen locations for various events contribute to the overall positive atmosphere of the festival.

Overall, the Bitcoin FilmFest not only highlights the artistic expression surrounding bitcoin but also serves as a vital platform for dialogue—about financial freedom, the future of money, and individual sovereignty in a shifting world.

The event successfully bridges the gap between a historical symbol of control and a movement that celebrates freedom, innovation, and collaboration in the digital age, highlighting the importance of independence in financial systems while fostering a collaborative environment for innovation and growth.

Next year’s event is slated for June 5-7 2026. For further updates check: https://bitcoinfilmfest.com/

@ 4fa5d1c4:fd6c6e41

1. Einleitung

Dieser Beitrag bietet eine detaillierte Einführung in Nostr - ein dezentrales Protokoll für soziale Medien, das sich grundlegend von traditionellen und föderierten Plattformen unterscheidet - und erweitert seine Diskussion, um das Potenzial für die Integration von Nostr in die Entwicklung von Bildungsplattformen im Sinne von Open Educational Practices (OEP) zu untersuchen. Nostr ist als leichtgewichtiger, zensurresistenter Mechanismus konzipiert, der in erster Linie auf einer kryptografischen Schlüsselverwaltung und einer Client-zentrierten Architektur basiert, die zusammen eine dezentrale Identitätskontrolle und Autonomie über digitale Inhalte ermöglichen. Im Gegensatz zu konventionellen zentralisierten Modellen, die sich auf servergestützte Kontrolle oder föderierte Systeme wie Mastodon, die Moderation und Identitätsspeicherung zusammenfassen, stützt sich Nostr auf ein Netzwerk von "Relais", die ohne direkte Interkommunikation arbeiten, wobei alle Funktionen der Datenaggregation, des Austauschs von Inhalten zwischen den Räumen und der Benutzerinteraktion an die Client-Anwendungen delegiert werden. Ziel dieses Beitrags ist es daher, einen umfassenden technischen und konzeptionellen Überblick über die Architektur des Protokolls und eine kritische Diskussion seiner Anwendbarkeit im Kontext dezentraler Bildungsplattformen zu geben, die eine offene, nutzergesteuerte Erstellung, Verwaltung und Verteilung von Inhalten fördern und damit den Prinzipien des OEP entsprechen.

2. Hintergrund und Motivation

Die Entwicklung der sozialen Medien in den letzten zwei Jahrzehnten war geprägt von zunehmend zentralisierten Plattformen, die sowohl die digitale Identität der Nutzer als auch die von ihnen erstellten Inhalte kontrollieren, was oft zu Zensur, algorithmischer Manipulation und Einzelausfällen führt. Im Gegensatz dazu haben sich dezentralisierte Social-Media-Protokolle wie Nostr als innovative Antwort auf diese Zentralisierungsfallen entwickelt, die offene, kryptografisch sichere und verteilte Architekturen verwenden. Nostr wurde mit dem ausdrücklichen Schwerpunkt konzipiert, den Nutzern die volle Kontrolle über ihre Kontoauthentifizierung und digitale Identität zu geben, was durch die Verwaltung von kryptografischen Schlüsselpaaren analog zu denen in Bitcoin-Wallets erreicht wird. Dieses Modell verbessert nicht nur die zensurresistenten Eigenschaften der Plattform, sondern verändert auch grundlegend die Machtdynamik in traditionellen sozialen Netzwerken, da es die Abhängigkeit von zentralen Behörden minimiert und die Möglichkeiten der Ausbeutung und Überwachung verringert. Im Kontext von Bildungsökosystemen bieten diese Merkmale eine solide Grundlage für die Entwicklung von Plattformen, die transparent, partizipatorisch und widerstandsfähig sind, da sie die gemeinsame Nutzung und kontinuierliche Weiterentwicklung von Bildungsressourcen ohne zentralisierte Kontrolle oder Unternehmenssteuerung unterstützen.

3. Technische Architektur von Nostr

Die Architektur von Nostr basiert in erster Linie auf zwei integralen Komponenten: Clients und Relays. Clients sind die benutzerseitigen Anwendungen, die die Erstellung, Veröffentlichung und Aggregation von Inhalten ermöglichen, während Relays Server sind, die von den Benutzern generierte Nachrichten, so genannte "Events", empfangen, speichern und weiterleiten. Eine der wichtigsten Neuerungen des Nostr-Protokolls ist die radikale Entkopplung der traditionellen Client-Server-Beziehung: Die Relais müssen sich nicht synchronisieren oder miteinander kommunizieren, was bedeutet, dass die Replikation von Inhalten und die Aggregation von Daten zwischen den Räumen vollständig auf der Client-Seite stattfindet. Dies minimiert die zentrale Kontrolle und schafft ein verteiltes, relaisbasiertes System, das von Natur aus resistent gegen Zensur ist, da die Dichte der verfügbaren Relays und die Möglichkeit der Nutzer, sich mit mehreren Relays zu verbinden, sicherstellen, dass die Inhalte auch dann zugänglich bleiben, wenn bestimmte Relays ausfallen oder kompromittiert sind.

In Nostr sind Ereignisse als JSON-Objekte strukturiert, die einem definierten Schema mit verschiedenen "Arten" (NIPs) entsprechen, um spezifische Funktionalitäten und andere zukünftige Erweiterungen zu unterstützen. Jedes Ereignis wird mit dem privaten kryptografischen Schlüssel des Nutzers digital signiert, was die Authentizität und Integrität der Daten garantiert und gleichzeitig eine sichere, pseudonyme Interaktion ermöglicht. Da innerhalb des Protokolls keine zentrale Behörde oder ein einziger Identitätsspeicher existiert, behalten die Nutzer die vollständige Kontrolle über ihre digitalen Identitäten, und wenn der private Schlüssel verloren geht, ist das entsprechende Konto unwiederbringlich. Dieser Ansatz verankert den Grundsatz, dass Identität sowohl dezentralisiert als auch unveränderlich ist, und stärkt die individuelle Kontrolle über persönliche Daten und Inhalte.

Da die Relays unabhängig voneinander von verschiedenen Betreibern verwaltet und nicht von zentralen Diensten koordiniert werden, können die Benutzer mehrere Relays auswählen, um die Bereitstellung und Replikation von Inhalten zu optimieren. Diese architektonische Entscheidung verbessert die Redundanz und Ausfallsicherheit erheblich, bringt aber gleichzeitig technische Herausforderungen in Bezug auf Standardisierung, Moderation und effiziente Kommunikation zwischen den Clients mit sich. Nostr integriert auch Bitcoin-basierte Mikrozahlungen (bekannt als "Zaps"), um finanzielle Anreize für den Betrieb von Relay-Servern zu schaffen und so die Herausforderungen der wirtschaftlichen Nachhaltigkeit in einer dezentralen Infrastruktur zu bewältigen. Die Design-Entscheidungen in Nostr fördern Offenheit und Innovation, indem sie es jeder Person oder Organisation mit ausreichenden technischen Fähigkeiten erlauben, ein Relay zu hosten oder einen Client zu entwickeln, was zu einem lebendigen Ökosystem von verschiedenen Anwendungen und Diensten führt.

4. Identitätsmanagement und Moderation

Im Mittelpunkt des dezentralen Paradigmas von Nostr steht der Ansatz der Identitätsverwaltung, der sich von traditionellen Systemen unterscheidet, bei denen Identitäten als Kontodaten von zentralen Servern verwaltet werden. Bei Nostr verfügt jeder Benutzer über ein einzigartiges kryptografisches Schlüsselpaar, wobei der öffentliche Schlüssel als dauerhafte digitale Kennung und der private Schlüssel als Mittel zum Signieren aller Aktionen und Ereignisse dient. Dieses kryptonative Modell gewährleistet nicht nur robuste Sicherheit und Authentizität, sondern überlässt den Nutzern auch die alleinige Verantwortung für die Verwaltung ihrer Schlüssel - was sowohl die Freiheit als auch das Risiko eines vollständig dezentralen Identitätssystems unterstreicht.Dieses empfindliche Gleichgewicht unterstreicht die Autonomie der Nutzer und steht im Einklang mit dem breiteren Ethos dezentraler sozialer Medien, in denen keine einzelne Instanz die Identität einer Person ohne Zugang zu ihrem privaten Schlüssel außer Kraft setzen oder manipulieren kann.

Die Moderation in Nostr ist aufgrund des dezentralen Kuratierungsmodells noch komplexer. Die Inhalte werden nicht von einer zentralen Behörde moderiert, sondern durch eine Kombination aus relaisspezifischen Richtlinien und clientseitigen Kontrollen, wie z. B. benutzerdefinierte Listen für persönliche Kuratoren oder Sperr-/Stummschaltungsfunktionen. Dieser Ansatz fördert zwar die freie Meinungsäußerung und unterstützt eine Vielzahl von Standpunkten, kann aber auch zu uneinheitlichen Moderationsrichtlinien und fragmentierten Nutzererfahrungen auf verschiedenen Relays und Clients führen, was für die Nutzer eine erhebliche technische und verhaltensbezogene Belastung darstellt, wenn sie ihre digitalen Umgebungen kuratieren wollen.

5. Skalierbarkeit und Widerstandsfähigkeit gegen Zensur

Ein entscheidendes Merkmal des Nostr-Protokolls ist sein hohes Maß an Skalierbarkeit und Zensurresistenz, das durch seine verteilte, relaisbasierte Architektur erreicht wird. Durch die Dezentralisierung der Speicherung und Verbreitung von Inhalten auf zahlreiche unabhängige Relays entschärft Nostr die üblichen Schwachstellen zentralisierter sozialer Plattformen, wie z. B. Single Points of Failure oder das Potenzial für staatliche oder unternehmensgesteuerte Zensur. Mehrere Relays können gleichzeitig arbeiten, wodurch sichergestellt wird, dass die Stabilität des Netzwerks auch dann erhalten bleibt, wenn einige von ihnen vom Netz genommen werden oder behördlichem Druck ausgesetzt sind, und dass Inhalte für Kunden, die mit alternativen Relays verbunden sind, zugänglich bleiben.

Die Skalierbarkeit von Nostr wird dadurch verbessert, dass sich die Nutzenden gleichzeitig mit mehreren Relays verbinden können, was die Replikation von Inhalten über ein globales Netz von Servern ermöglicht, das sich über zahlreiche geografische Regionen und autonome Systeme erstreckt. Dieser Replikationsmechanismus bringt jedoch Herausforderungen mit sich, wie z. B. eine erhöhte Redundanz bei der Speicher- und Bandbreitennutzung, die eine sorgfältige Optimierung und die Entwicklung innovativer clientseitiger Strategien erfordern, um den Datenabruf zu verwalten und den Overhead zu reduzieren, ohne die Verfügbarkeit zu beeinträchtigen. Darüber hinaus trägt die Dezentralisierung der Zuständigkeiten für Kuratierung und Moderation zu einer dynamischen Umgebung bei, in der Inhalte sowohl gegen erzwungene Löschungen resistent als auch an die Bedürfnisse der Nutzer anpassbar sind, wenn auch auf Kosten von Einheitlichkeit und vorhersehbarer Nutzererfahrung.

6. Vergleich mit föderierten und zentralisierten Modellen

Das Aufkommen dezentraler Protokolle wie Nostr steht in scharfem Kontrast zu föderierten Netzwerken wie Mastodon, die das ActivityPub-Protokoll verwenden. Während föderierte Systeme die Kontrolle über unabhängige Instanzen verteilen, verlassen sie sich immer noch auf ein gewisses Maß an Zentralisierung auf der Ebene jeder einzelnen Instanz, von denen jede ihre eigenen Richtlinien bezüglich Moderation, Identitätsüberprüfung und Inhaltszensur durchsetzt. In diesen Systemen ist die Verwaltung zwar auf mehrere Knotenpunkte verteilt, aber es besteht eine Abhängigkeit von Serveradministratoren, die erhebliche Macht über den Inhalt und die Identität der Benutzer haben; dies steht im Gegensatz zu Nostrs vollständig kundenorientiertem Kurations- und Identitätsverwaltungsmodell, das darauf abzielt, jeden einzelnen Kontrollpunkt zu eliminieren.

In zentralisierten Architekturen werden Benutzerdaten und -identitäten auf proprietäre und undurchsichtige Weise verwaltet, wodurch Inhalte den Launen von Unternehmensrichtlinien und externem Druck ausgesetzt werden, was zu Überwachung, gezielter Zensur oder einseitiger algorithmischer Manipulation von Inhalten führen kann. Das Design von Nostr - das auf kryptografischer Authentifizierung, clientseitiger Datenaggregation und dem erlaubnisfreien Betrieb von Relay-Servern beruht - stellt eine radikale Abkehr dar, die das Gleichgewicht der Macht fest in die Hände der einzelnen Nutzer und nicht in die Hände zentraler Behörden legt.

7. Implikationen für Bildungsplattformen

Das Potenzial für die Integration des dezentralen Protokolls von Nostr in Bildungsplattformen bietet eine transformative Gelegenheit zur Unterstützung von Open Educational Practices (OEP). OEP legt den Schwerpunkt auf Inklusion, Autonomie der Lernenden, kollaborative Wissenserstellung und offenen Zugang zu Bildungsressourcen. Herkömmliche Bildungsplattformen sind oft durch zentralisierte Architekturen eingeschränkt, die den Zugang behindern und Innovationen unterdrücken können, da sie auf einzelne administrative Kontrollen und proprietäre Content-Management-Systeme angewiesen sind.

Durch die Nutzung der dezentralen Infrastruktur von Nostr können Bildungsplattformen aufgebaut werden, die es Lehrenden und Lernenden ermöglichen, die volle Kontrolle über ihre digitalen Identitäten und Bildungsinhalte zu behalten, ohne das Risiko von Zensur oder externer Einmischung. In solchen Systemen verwaltet jeder Teilnehmer seine eigene Identität mithilfe von kryptografischen Schlüsseln, wodurch sichergestellt wird, dass Bildungsleistungen, Beiträge und Zeugnisse auf überprüfbare und unveränderliche Weise aufgezeichnet werden. Dies fördert ein Umfeld, in dem die Schaffung und Verbreitung von Wissen wirklich von den Teilnehmern selbst bestimmt wird, frei von den Zwängen, die von zentralen Torwächtern auferlegt werden.

Darüber hinaus bietet die relaisbasierte Architektur von Nostr eine beispiellose Skalierbarkeit und Ausfallsicherheit - Eigenschaften, die für ein Bildungsökosystem, das eine Vielzahl von Nutzern mit unterschiedlichem geografischen und sozioökonomischen Hintergrund unterstützen muss, unerlässlich sind. Bildungsinhalte - von digitalen Lehrbüchern und Multimedia-Vorlesungen bis hin zu interaktiven Diskursen und gemeinschaftlichen Projekten - können gespeichert und über mehrere Relays repliziert werden, um sicherzustellen, dass der Zugang auch bei lokalen Netzwerkausfällen oder Zensurversuchen erhalten bleibt.

Das offene Protokoll von Nostr ist außerdem eine ideale Grundlage für die Entwicklung interoperabler Bildungsplattformen, auf denen Drittentwickler und Bildungseinrichtungen maßgeschneiderte Clients und Anwendungen für pädagogische Zwecke erstellen können. Dieser Ansatz fördert ein vielfältiges Ökosystem von Bildungswerkzeugen und -diensten, die nahtlos zusammenarbeiten, ohne auf eine einzige proprietäre Plattform beschränkt zu sein, und steht damit im Einklang mit dem Ethos des OEP. Pädagogen können digitale Lernumgebungen entwerfen, die die kollaborative Erstellung von Inhalten, Peer-Reviews und Community-gesteuerte Kuration unterstützen und gleichzeitig von der Sicherheit und Transparenz profitieren, die das kryptografische Grundgerüst von Nostr bietet.

Darüber hinaus gewährleistet die inhärente Zensurresistenz von Nostr, dass Bildungsinhalte zugänglich und frei von staatlichen oder unternehmerischen Eingriffen bleiben - ein besonders wichtiger Aspekt für Lernende in Regionen, in denen der Zugang zu Informationen eingeschränkt oder überwacht wird. Diese Widerstandsfähigkeit untermauert nicht nur die demokratische Verbreitung von Wissen, sondern unterstützt auch den Grundsatz eines digitalen Gemeinguts, bei dem Bildungsressourcen kollektiv verwaltet und gemeinsam genutzt werden. In diesem Zusammenhang kann Nostr genutzt werden, um Bildungsplattformen zu entwickeln, die nicht nur robust und integrativ sind, sondern auch auf die Bedürfnisse marginalisierter oder unterrepräsentierter Gemeinschaften abgestimmt sind.

Zusätzlich zu diesen strukturellen Vorteilen kann die finanzielle Nachhaltigkeit dezentraler Bildungsplattformen durch die Integration von auf Kryptowährungen basierenden Anreizmechanismen gestärkt werden - wie die Unterstützung von Nostr für Bitcoin Lightning "Zaps" zeigt. Diese Micropayment-Systeme eröffnen Möglichkeiten für neuartige Finanzierungsmodelle, die Pädagogen und Inhaltsersteller direkt belohnen und so die Abhängigkeit von werbebasierten Einnahmen oder zentralisierten Finanzierungsströmen verringern, die häufig die Integrität der Bildung gefährden. Solche wirtschaftlichen Anreize können auch den Betrieb und die Wartung von Relay-Servern unterstützen und so sicherstellen, dass die dezentrale Infrastruktur belastbar und kontinuierlich für Bildungszwecke verfügbar bleibt.

8. Möglichkeiten für kollaboratives und kultursensibles Lernen

Über die technische Stabilität und Skalierbarkeit hinaus bietet die dezentrale Natur von Nostr bedeutende Möglichkeiten zur Förderung von kollaborativem Lernen und kultursensibler Pädagogik. Dezentralisierte Bildungsplattformen, die auf Nostr aufbauen, können lokale Gemeinschaften in die Lage versetzen, Inhalte zu erstellen und zu kuratieren, die kontextuell relevant und kulturell angemessen sind - ein entscheidender Faktor bei der Förderung von Bildungsgerechtigkeit und Inklusivität. In Umgebungen, in denen Mainstream-Bildungstechnologien als von oben nach unten betrachtet werden und nicht mit lokalen Werten oder pädagogischen Ansätzen übereinstimmen, ermöglicht eine dezentralisierte Infrastruktur die Entwicklung maßgeschneiderter digitaler Lernumgebungen, die lokale Kulturen, Sprachen und Traditionen widerspiegeln.

Dieser gemeinschaftsorientierte Bildungsansatz fördert das Gefühl der Eigenverantwortung bei Lernenden und Lehrenden gleichermaßen und ermutigt zur gemeinschaftlichen Schaffung von Wissen, das unterschiedliche Erkenntnistheorien respektiert. So können Pädagogen beispielsweise dezentrale "Lernräume" einrichten, in denen Open-Source-Lernmaterialien, Werkzeuge für die digitale Kompetenz und innovative Lehrmethoden gemeinsam genutzt und durch partizipatives Engagement kontinuierlich weiterentwickelt werden. In einem solchen Modell verschwimmen die Grenzen zwischen Lernenden und Lehrenden, was einen fließenden Ideenaustausch und die gemeinsame Schaffung von Wissen ermöglicht, die im Mittelpunkt offener Bildungspraktiken stehen.

Darüber hinaus ermöglicht die Flexibilität der Client-zentrierten Architektur von Nostr die Entwicklung von spezialisierten Bildungsclients, die auf die jeweiligen Lernstile und Disziplinen zugeschnitten sind. Diese Clients könnten Funktionen wie erweiterte Such- und Filterfunktionen für Bildungsinhalte, integrierte Anmerkungswerkzeuge für die gemeinsame Bearbeitung von Dokumenten und interoperable Identitätsmanagementsysteme enthalten, die es den Lernenden ermöglichen, ihre Anmeldedaten nahtlos in verschiedene digitale Lernumgebungen zu übertragen. Solche Innovationen würden nicht nur die Rolle der Nutzerautonomie beim digitalen Lernen stärken, sondern auch die Entwicklung von Bildungsnetzwerken fördern, die belastbar und anpassungsfähig sind und auf die sich verändernden pädagogischen Herausforderungen reagieren können.

9. Herausforderungen und Abhilfestrategien

Trotz der vielversprechenden Möglichkeiten ist die Integration von Nostr in Bildungsplattformen nicht unproblematisch. Gerade die Funktionen, die den Nutzern mehr Möglichkeiten bieten - wie selbstverwaltete kryptografische Schlüssel und dezentralisierte Inhaltsmoderation - führen auch Komplexitäten ein, die die Benutzerfreundlichkeit und Zugänglichkeit behindern können, insbesondere für Personen ohne fortgeschrittene technische Kenntnisse. Die Schlüsselverwaltung stellt beispielsweise eine kritische Schwachstelle dar; der Verlust eines privaten Schlüssels führt unwiderruflich zum Verlust der Identität und des Zugriffs auf die eigenen digitalen Beiträge - ein Risiko, das durch solide Bildungsinitiativen und Mechanismen zur Unterstützung der Nutzer angegangen werden muss.

Die technische Kompetenz von Lehrenden und Lernenden ist in diesem Zusammenhang von größter Bedeutung und erfordert die Entwicklung umfassender Einführungsverfahren, benutzerfreundlicher Schnittstellen und Hilfsmittel, die kryptografische Konzepte entmystifizieren und die Interaktion mit dezentralen Netzwerken vereinfachen. Zu diesem Zweck könnte der Einsatz intuitiver Bildungsmodule, interaktiver Tutorials und von der Community geleiteter Schulungen technische Barrieren abbauen und gleichzeitig die Entwicklung digitaler Kompetenzen fördern, die für die Navigation in dezentralen Netzwerken unerlässlich sind. Darüber hinaus muss die Herausforderung einer inkonsistenten Moderation und fragmentierten Nutzererfahrung aufgrund der heterogenen Richtlinien unabhängiger Relais und Clients durch die Einrichtung von Community-Governance-Rahmenwerken und interoperablen Standards angegangen werden, die eine Grundlinie der Qualität und Sicherheit auf der gesamten Plattform gewährleisten.

Strategien zur Bewältigung des mit der Skalierbarkeit verbundenen Overheads - wie etwa die redundante Replikation von Beiträgen über eine übermäßige Anzahl von Relays - sollten sich auf die Implementierung clientseitiger Optimierungstechniken konzentrieren, die die Ineffizienz von Bandbreite und Speicherplatz verringern, ohne die Belastbarkeit und Zugänglichkeit des Netzwerks zu beeinträchtigen. Kontinuierliche Forschung und iterative Verfeinerung werden notwendig sein, um ein Gleichgewicht zwischen den Vorteilen der Dezentralisierung und der ihr innewohnenden betrieblichen Komplexität zu finden und sicherzustellen, dass auf Nostr basierende Bildungsplattformen sowohl robust als auch benutzerfreundlich bleiben können.

10. Zukünftige Richtungen und Forschungsmöglichkeiten

Die Einbindung von Nostr in Bildungsplattformen stellt ein fruchtbares Gebiet für Forschung und Entwicklung dar, das zahlreiche Möglichkeiten zur Erkundung bietet. Zukünftige Arbeiten könnten das Design interoperabler Bildungsrahmenwerke erforschen, die die dezentrale Architektur von Nostr mit aufkommenden Technologien wie künstlicher Intelligenz, Blockchain-basiertem Credentialing und fortschrittlichen kryptographischen Techniken integrieren, um die Sicherheit, Zugänglichkeit und Authentizität in digitalen Lernumgebungen weiter zu verbessern. Die Erforschung gemeinschaftsbasierter Governance-Modelle ist ebenfalls gerechtfertigt, da dezentrale Plattformen Mechanismen für die kollektive Entscheidungsfindung und Konfliktlösung erfordern, die mit den Grundsätzen einer offenen, partizipativen Bildung vereinbar sind.

Ein möglicher Weg ist die Entwicklung modularer, quelloffener Bildungs-Clients, die sich nahtlos mit verschiedenen Relais verbinden lassen und den Lehrkräften leistungsstarke Tools zur Kuratierung und Moderation von Inhalten bieten. Diese Clients könnten anpassbare Dashboards, Module für die Zusammenarbeit in Echtzeit und integrierte Unterstützung für Mikrozahlungen oder Anreizstrukturen bieten, um sicherzustellen, dass Bildungsinhalte sowohl dynamisch als auch finanziell nachhaltig bleiben. Darüber hinaus könnte die Einrichtung digitaler Identitätsrahmen, die auf den kryptografischen Prinzipien von Nostr aufbauen, zu innovativen Modellen für die Überprüfung akademischer Zeugnisse, die Verfolgung des Lernfortschritts und die Erleichterung der plattformübergreifenden Anerkennung von Bildungsleistungen führen, und das alles ohne die Aufsicht zentralisierter Registrierungsbehörden.

Die Schnittstelle zwischen digitaler Kompetenz und ethischer digitaler Bürgerschaft ist ein weiteres vielversprechendes Forschungsgebiet. In dem Maße, in dem Pädagogen dezentrale Bildungstechnologien in die Lehrpläne integrieren, wird es zwingend notwendig, Lehrmethoden zu entwickeln, die nicht nur technische Kenntnisse, sondern auch die kritischen und moralischen Fähigkeiten vermitteln, die für die Arbeit in einem dezentralen digitalen Ökosystem erforderlich sind. Solche pädagogischen Strategien sollten Schulungen zum Schlüsselmanagement, zur Verifizierung digitaler Identitäten und zum Verständnis der Kompromisse umfassen, die mit dezentralisierten und zentralisierten Technologiemodellen einhergehen, um den Schülern eine ausgewogene Perspektive auf digitale Rechte, Verantwortlichkeiten und Möglichkeiten zu vermitteln.

Die Zusammenarbeit zwischen akademischen Institutionen, Open-Source-Gemeinschaften und Innovatoren dezentraler Technologien wird entscheidend sein, um diese Forschungsagenden voranzutreiben und die Entwicklung von Bildungslabors und Pilotprojekten zu fördern, die die praktischen Auswirkungen und Vorteile dezentraler Bildungsplattformen auf der Grundlage von Nostr erforschen. Solche Initiativen könnten als lebende Laboratorien zum Testen neuer Werkzeuge, Methoden und Governance-Strategien dienen, mit dem Ziel, das Gleichgewicht zwischen dem Versprechen der Dezentralisierung und ihren praktischen Herausforderungen schrittweise zu verfeinern.

11. Schlußfolgerung

Zusammenfassend lässt sich sagen, dass Nostr eine bahnbrechende Entwicklung in der Architektur sozialer Medien darstellt, die die Beziehung zwischen Nutzern, Inhalten und Netzwerkinfrastruktur durch ein dezentralisiertes, kryptographisch gesichertes und klientenzentriertes Modell neu definiert. Das relaisbasierte Design, die dezentrale Identitätsverwaltung und die offene Architektur bieten erhebliche Vorteile gegenüber herkömmlichen zentralisierten und föderierten Systemen in Bezug auf Zensurresistenz, Skalierbarkeit und Benutzerautonomie. Diese technischen Innovationen haben weitreichende Auswirkungen auf die Entwicklung von Bildungsplattformen, die den Grundsätzen der Open Educational Practices entsprechen. Durch die Unterstützung von nutzergesteuerten Identitäten, stabiler Replikation von Inhalten und gemeinschaftsgesteuerter Verwaltung bietet Nostr eine Infrastruktur für dezentrale Bildungsökosysteme, die Inklusion, Zusammenarbeit und kontinuierliche Innovation fördern.

Der Einsatz von Nostr in Bildungskontexten verspricht, Lernende und Lehrende in die Lage zu versetzen, Bildungsinhalte frei von zentralisierten Einschränkungen und externer Zensur zu erstellen, zu teilen und gemeinschaftlich weiterzuentwickeln. Gleichzeitig erfordern die Herausforderungen, die mit der technischen Komplexität, der Schlüsselverwaltung und der inkonsistenten Moderation verbunden sind, kontinuierliche Forschung und die Entwicklung unterstützender Werkzeuge. Wenn diese Probleme durch gezielte Maßnahmen wie benutzerfreundliche Schnittstellen, umfassende Programme für digitale Kompetenz und gemeinschaftsbasierte Governance-Modelle angegangen werden, können die Beteiligten das volle Potenzial von Nostr nutzen, um dezentrale, offene und partizipative Bildungsplattformen zu schaffen, die den Geist von Open Educational Practices wirklich verkörpern.

Letztendlich stellt die Integration von Nostr in dezentralisierte Bildungsplattformen nicht nur eine technische Entwicklung dar, sondern auch einen gesellschaftspolitischen Wandel hin zu größerer Dezentralisierung, Ermächtigung der Nutzer und digitaler Souveränität. Diese Ausrichtung an den Werten des OEP definiert nicht nur die Verbreitung und den Konsum von Bildungsinhalten neu, sondern ist auch Katalysator für breitere Diskussionen über digitale Rechte, Inklusion und ethische Teilhabe an der digitalen Allmende. Das Potenzial solcher Plattformen, kontextrelevante, zensurresistente und kollaborativ kuratierte Bildungsressourcen bereitzustellen, ist ein entscheidender Schritt, um die Zukunft der digitalen Bildung neu zu gestalten.

Fazit

Zusammenfassend lässt sich sagen, dass die innovative Architektur von Nostr, die auf einer kryptografischen Schlüsselverwaltung und dezentralen Relay-Netzwerken basiert, den Grundstein für eine neue Generation von Bildungsplattformen legt, die die Einschränkungen zentralisierter Systeme überwinden können. Ihre Fähigkeit, belastbare, sichere und nutzerzentrierte digitale Umgebungen bereitzustellen, steht in perfektem Einklang mit den Grundsätzen offener Bildungspraktiken und bietet Lehrenden und Lernenden eine noch nie dagewesene Kontrolle über ihre digitalen Interaktionen und Inhalte. Kontinuierliche Forschung, interdisziplinäre Zusammenarbeit und gezielte Bildungsinitiativen werden unerlässlich sein, um dieses Potenzial voll auszuschöpfen und sicherzustellen, dass die Vorteile der Dezentralisierung allen Mitgliedern der Bildungsgemeinschaft zugänglich sind.

Durch den strategischen Einsatz von Nostr-basierten Bildungsplattformen kann die Zukunft des Lernens als ein Bereich neu konzipiert werden, in dem offener Zugang, Autonomie der Lernenden und gemeinschaftsgesteuerte Wissensbildung nicht nur möglich, sondern unvermeidlich sind - eine Zukunft, in der dezentrale Infrastrukturen eine gerechtere, transparentere und partizipativere digitale Bildungslandschaft ermöglichen.

Dieser Beitrag hat daher eine ausführliche Einführung in die technischen und konzeptionellen Grundlagen von Nostr gegeben, die Mechanismen beschrieben, mit denen Nostr Dezentralisierung und Zensurresistenz erreicht, und seine bedeutenden Auswirkungen auf die Zukunft von Bildungsplattformen im Rahmen von Open Educational Practices untersucht. Die Synergie zwischen dem dezentralen Paradigma von Nostr und dem demokratischen, inklusiven Ethos von OEP birgt ein transformatives Versprechen für die Neugestaltung der digitalen Bildung in einer Weise, die Offenheit, Sicherheit und lebenslanges Lernen für eine globale Gemeinschaft fördert.

Indem sie aufkommende dezentralisierte Protokolle wie Nostr als grundlegende Infrastrukturkomponenten von Bildungsplattformen nutzen, können Stakeholder eine ganzheitliche digitale Transformation vorantreiben, die Technologie, Pädagogik und Ethik vereint und ein Paradigma einführt, in dem Bildungsgerechtigkeit und digitale Selbstbestimmung keine Wünsche, sondern realisierte Prinzipien unserer vernetzten Gesellschaft sind.

---

Verwendete Quellen:

• Seeing the Politics of Decentralized Social Media Protocols. S Hwang, AX Zhang. ArXiv (2025). <https://doi.org/10.48550/arxiv.2505.22962>

• Navigating Decentralized Online Social Networks: An Overview of Technical and Societal Challenges in Architectural Choices. Ujun Jeong, L. Ng, K. Carley, Huan Liu. ArXiv (2504). <https://doi.org/10.48550/arxiv.2504.00071>

• Towards Decentralized Applications. X Ma. 2024. <https://escholarship.org/content/qt0j7044w0/qt0j7044w0_noSplash_c638cdfda170244b9abf750f654399f1.pdf>

• Decentralized Social Networking Protocol (DSNP) and User Empowerment: An Analysis of Online Identity Ownership, Data Privacy, and Comparative Assessment with Other Decentralized Protocols. M Nay . 2024. <https://dspace.mit.edu/bitstream/handle/1721.1/156782/nay-mnay-meng-eecs-2024-thesis.pdf?sequence=1&isAllowed=y>

• A Kantian Right to Fediverse Access, or: for a digital enlightenment on the social web. JN Bingemann . <https://philarchive.org/archive/BINAKR>

• Exploring the Nostr Ecosystem: A Study of Decentralization and Resilience. Yiluo Wei, Gareth Tyson. ArXiv (2402). <https://doi.org/10.48550/arxiv.2402.05709>

• Money and Trust in Metaverses, Bitcoin and Stablecoins in global social XR. John O'Hare, Allen J. Fairchild, U. Ali. ArXiv (2207). <https://doi.org/10.48550/arxiv.2207.09460>

• FEDSTR: Money-In AI-Out | A Decentralized Marketplace for Federated Learning and LLM Training on the NOSTR Protocol. Konstantinos E. Nikolakakis, George Chantzialexiou, Dionysis Kalogerias. ArXiv (2024). <https://doi.org/10.48550/arxiv.2404.15834>

• "Sumud" as Connected Learning: Towards a Collective Digital Commons in Palestine.. H Scott, M Ujvari, AMA Bakeer. 2025. <https://files.eric.ed.gov/fulltext/EJ1464483.pdf>

---

Erstellt mit Unterstützung von FutureHouse, Perplexity, Deepl, Ideogram und ChatGPT.

@ 000002de:c05780a7

I know most of you aren't doing this but I hope this is helpful when talking to your friends and family about bitcoin. Specifically if they bring up Orange Man or have real issues with him.

First off we can see that most of the MAGA / Political Bitcoin cheer-leading is exclusively SoV/NGU and not freedom money. Its basically the crypto types. The shitcoiners. The scammers. I get why this will turn off people that don't love the orange man. I recently heard a technical podcaster say he didn't like being associated with bitcoin (though he said crypto and his co-host is a bitcoin only guy...). I'm here to tell you that's dumb.

Why? I know how dumb it is by experience. Back in the day I was a kid listening to Rush Limbaugh and he was destroying the sky is falling claims I was hearing in government schools. I used to come home freaking out about global warming and the destruction of the rain forests. This was in the 90s btw. Looking back on what Limbaugh said, he's been proven largely right. But that isn't my point. My point is that because of this and because of how dumb many of the environmentalists takes were, I ignored many environmental issues. I would turn off people that called themselves environmentalists. This was a mistake. I was ignoring many other problems with how we use resources and used weak reasoning on others. I seeded caring for the environment to the left. I let myself be sidelined by reactionary thinking.

A few years ago I learned about the Permaculture[^1] way of thinking and it kinda blew my mind. A guy named Jack Spirko said something that stuck with me. Everyone should be an environmentalist. At least to the extent that they care about the planet we all share. Of course we all know this but it flipped a switch in my head. I'd allowed myself to be a reactionary on the environment and harm humans do to the air, water, and soil as well as the creatures. I always cared about these things but it too a dude that I aligned with on many topics to snap me out of my programming.

I think a similar thing can happen with Bitcoin. Don't be reactionary. Just because some people you don't align with or like do like a thing... it doesn't mean that thing is bad. They could be representing it incorrectly. Bitcoin, if it truly is money is apolitical. Now, we can get into economics and dive into the deep end about hard money but the fact is that bitcoin shouldn't really be political in the sense of US politics on the ground. If you are just a voter or pleb you should be adopting bitcoin no matter what any politician says. The republicans and democrats are not that different on many topics and the MAGA movement is just pandering. Don't let the Orange Man turn you off from bitcoin. Don't let the number go up people turn you off. There are people living under oppressive regimes all over the globe that can be helped by bitcoin. We may need it in the US. Don't sleep on this because of a clown. Don't be dumb. Its a great way to stay poor and vulnerable.

[^1]: Permaculture is an ethical design science that uses natural systems to provide all human and ecological needs in a regenerative way.

https://stacker.news/items/997169

@ cae03c48:2a7d6671

Bitcoin Magazine

How Strategy (MSTR) Built Their Capital Stack to Accelerate Bitcoin Accumulation

MicroStrategy—now operating as Strategy—has built the most aggressive Bitcoin treasury in the world. But its true innovation isn’t just holding Bitcoin. It’s in how it finances the accumulation of Bitcoin at scale without giving up control or diluting shareholder value.

The engine behind this? A meticulously designed capital stack—a multi-tiered structure of debt, preferred stock, and equity that appeals to different types of investors, each with unique risk, yield, and volatility preferences.

This is more than corporate finance—it’s a blueprint for Bitcoin-native capital formation.

What Is a Capital Stack?

A capital stack refers to the layers of capital a company uses to finance its operations and strategic goals. Each layer has its own return profile, risk level, and repayment priority in the event of liquidation.

Strategy’s capital stack is designed to do one thing exceptionally well: convert fiat capital into Bitcoin exposure—efficiently, at scale, and without compromise.

The Stack: Ordered by Priority

Strategy’s capital stack comprises five core instruments:

1. Convertible Notes
2. Strife Preferred Stock ($STRF)
3. Strike Preferred Stock ($STRK)
4. Stride Preferred Stock ($STRD)
5. Common Equity ($MSTR)

These layers are ranked from highest to lowest in repayment priority. What makes this structure unique is how each layer balances downside protection, yield, and Bitcoin exposure—offering institutional investors fixed-income alternatives with varying degrees of correlation to Bitcoin.

Strategy’s Capital Stack illustrated by Chris Millas

Convertible Notes: Senior Debt with Optional Upside

Strategy’s capital stack begins with convertible notes—senior unsecured debt that can convert into equity.

• Downside: Low risk, high priority in liquidation
• Upside: Modest unless converted
• Appeal: Institutional debt investors seeking protection with optional Bitcoin-adjacent upside

These notes were Strategy’s earliest fundraising tools, enabling the company to raise billions in low-interest environments to accumulate Bitcoin without issuing equity.

Strife ($STRF): Investment-Grade Yield

Strife is a perpetual preferred stock designed to mimic high-grade fixed income.

• 10% cumulative dividend, paid in cash
• $100 liquidation preference
• No conversion rights or Bitcoin upside
• Compounding penalties on unpaid dividends
• Low volatility, medium risk profile

Strife targets conservative capital—allocators who want predictable income without equity or crypto exposure. It’s senior to other preferreds and common stock, making it a high-quality fixed-income proxy built atop a Bitcoin treasury.

Strike ($STRK): Yield + Bitcoin Optionality

Strike is convertible preferred stock—bridging fixed income and equity upside.

• 8% cumulative dividend
• Convertible into $MSTR at $1,000 strike
• Paid in cash or Class A shares
• Bitcoin exposure via conversion option
• Medium volatility, low risk

Strike appeals to investors who want income with optional participation in Bitcoin upside. In bullish Bitcoin cycles, the conversion option becomes valuable—offering a hybrid between bond-like stability and equity-like potential.

Stride ($STRD): High Yield, High Risk

Stride is the most junior preferred—non-cumulative, perpetual stock issued with high yield and few protections.

• >10% dividend, only if declared
• No compounding, no conversion, no voting rights
• Highest relative risk among preferreds
• Liquidation priority above common equity, but below all others

Stride plays a crucial role. Its issuance improves the credit quality of Strife, adding a subordinate capital buffer beneath it—similar to how mezzanine debt protects senior tranches in structured finance.

Stride attracts yield-hungry investors, enabling Strategy to raise capital without compromising more senior layers.

Common Equity ($MSTR): Pure Bitcoin Beta

At the base is Strategy’s common equity—the most volatile, least protected, but highest potential instrument in the stack.

• Unlimited upside
• No dividend, no priority
• Full exposure to Bitcoin volatility
• Voting rights, long-term ownership

Common equity is for conviction-driven investors. Over the past four years, this layer has attracted capital from funds and individuals aligned with Strategy’s Bitcoin thesis—investors who want maximal upside from a corporate Bitcoin strategy.

The Big Picture: Saylor Is Targeting the Fixed Income Market

This isn’t just a financing mechanism—it’s a direct challenge to the $130 trillion global bond market.

By issuing instruments like $STRF, $STRK, and $STRD, Strategy is offering Bitcoin-adjacent yield vehicles that absorb demand from across the capital spectrum:

• Institutional investors seeking investment-grade yield
• Hedge funds chasing structured upside
• Yield hunters willing to go down the stack for returns

Each instrument behaves like a synthetic bond, yet all are backed by a Bitcoin accumulation engine.

As Director of Bitcoin Strategy at Metaplanet, Dylan LeClair put it: “Saylor is coming for the entire fixed income market.”

Rather than issue traditional bonds, Saylor is constructing a Bitcoin-native capital stack—one that unlocks liquidity without ever selling the underlying asset.

Why It Matters: A Model for Bitcoin Treasury Strategy

Strategy’s capital structure is more than innovation—it’s a financial operating system for any public company that wants to monetize Bitcoin’s rise while maintaining capital discipline.

Key takeaways:

• Every layer matches a specific investor need: From low-risk debt to speculative yield
• Capital flows in, Bitcoin stays put: Preserving treasury position while scaling
• No single instrument dominates: The stack is diversified by design
• Control is retained: Most securities are non-voting, non-convertible

For corporations serious about building a Bitcoin-native balance sheet, this is the playbook to study.

Saylor isn’t just stacking Bitcoin—he’s engineering the financial infrastructure for a monetary paradigm shift.

Disclaimer: This content was written on behalf of Bitcoin For Corporations. This article is intended solely for informational purposes and should not be interpreted as an invitation or solicitation to acquire, purchase, or subscribe for securities.

This post How Strategy (MSTR) Built Their Capital Stack to Accelerate Bitcoin Accumulation first appeared on Bitcoin Magazine and is written by Nick Ward.

@ cae03c48:2a7d6671

Bitcoin Magazine

Moscow Exchange Launches Bitcoin Futures For Qualified Investors

The Moscow Exchange, Russia’s largest exchange group, announced the launch of Bitcoin futures contracts on June 4th, 2025. The new derivatives will allow qualified investors in Russia to gain exposure to bitcoin prices without directly owning it.

The bitcoin futures contracts are cash-settled in Russian rubles and will be tied to the iShares Bitcoin Trust ETF (IBIT) that trades on U.S. exchanges. The IBIT ETF tracks the price of bitcoin, with each share representing 0.00068 bitcoin.

BREAKING: Russia’s largest exchange, Moscow Exchange launches #Bitcoin futures trading for qualified investors. pic.twitter.com/J9htJUWpLw

— Bitcoin Magazine (@BitcoinMagazine) June 4, 2025

Trading for the new bitcoin futures kicked off on Wednesday, with the first contracts expiring in September 2025. Each futures contract will be denominated in U.S. dollars per bitcoin but settled in rubles.

The launch of bitcoin futures on the Moscow Exchange comes after increased interest in Bitcoin exposure from Russian financial institutions. In May, Russia’s central bank formally permitted the offering of crypto-linked securities and derivatives to qualified investors. Prior to this, direct investment in Bitcoin was discouraged.

Sberbank, Russia’s largest bank, also announced plans to unveil its own bitcoin futures product in addition to the Moscow Exchange’s offering. The bank is launching exchange-traded notes that track Bitcoin’s price without direct ownership.

Bitcoin futures and other crypto-derivatives have seen surging interest recently as the Bitcoin and crypto industry matures. The move comes as an increasing number of countries have started adding Bitcoin to their reserves.

As Bitcoin adoption increases, investors and financial institutions are seeking more routes to gain exposure to Bitcoin. The launch of futures on the Moscow Exchange provides regulated bitcoin exposure to qualified Russian investors. But direct ownership of “physical” bitcoin remains off limits for most in Russia’s traditional finance sector.

This post Moscow Exchange Launches Bitcoin Futures For Qualified Investors first appeared on Bitcoin Magazine and is written by Vivek Sen.

@ da8b7de1:c0164aee

Nukleáris politika és szabályozási fejlemények

A Nemzetközi Atomenergia-ügynökség (IAEA) Kormányzótanácsa 2025. június 9-én kezdi meg szokásos júniusi ülését Bécsben. A főbb napirendi pontok között szerepel a 2024-es éves jelentés, a technikai együttműködési tevékenységek, az iráni ellenőrzés és felügyelet, az ellenőrzések végrehajtása Észak-Koreában és Szíriában, a nukleáris biztonság és védelem Ukrajnában, valamint a nukleáris anyagok átruházása és ellenőrzése az AUKUS-keretében. Az ülésen új tagokat is kijelölnek a Kormányzótanácsba, és előkészítik a 69. rendes közgyűlést[iaea.org].

Jelentős projektek és iparági bővülés

Az amerikai Tennessee Valley Authority (TVA) benyújtotta kérelmét az Egyesült Államok Nukleáris Szabályozási Bizottságához egy GE Vernova Hitachi BWRX-300 kis moduláris reaktor (SMR) megépítésére a Clinch River telephelyen, ami jelentős lépés az amerikai fejlett nukleáris technológiák elterjesztésében[world-nuclear-news.org]. Kanadában a hatóság engedélyezte az Ontario Power Generation számára, hogy egy BWRX-300 reaktort építsen a Darlington New Nuclear Project helyszínen, ezzel tovább haladva az észak-amerikai SMR-projektek terén[world-nuclear-news.org].

India nukleáris szabályozója jóváhagyta a négyblokkos Mahi Banswara Rajasthan Atomerőmű telephelyét, Kínában pedig folytatódnak a szerelési munkák a Haiyang 3 egységen. Eközben Belgium és Dánia felülvizsgálják nukleáris politikájukat: Belgium visszavonja a korábbi leállítási döntést, Dánia pedig újragondolja álláspontját[world-nuclear-news.org].

Ellátási lánc, munkaerő és nemzetközi együttműködés

A nukleáris kapacitás várható gyors növekedése miatt egyre nagyobb hangsúly kerül mind a helyi, mind a globális ellátási lánc felkészítésére. A World Nuclear Association legutóbbi konferenciája kiemelte az ellátási lánc „globalizációjának” fontosságát a bővülés támogatásához[world-nuclear-news.org]. A nukleáris munkaerő világszerte növekedni fog, ami új lehetőségeket teremt, nem pedig hiányt. Az iparági szakértők hangsúlyozzák a jelentkezők tapasztalatának javítását és a szektorok közötti készségek hasznosítását a jövőbeni igények kielégítésére[world-nuclear-news.org].

A nemzetközi szabályozói együttműködés is fejlődik, különösen a kis moduláris reaktorok (SMR) tervezési értékelése terén. A brit Nukleáris Szabályozási Hivatal közzétette első jelentését ebben a témában, globális szinten hatékonyabb és összehangoltabb megközelítést célozva[world-nuclear-news.org].

Gazdasági és befektetési trendek

A nukleáris szektorban újra optimizmus tapasztalható, egészséges projektportfóliókkal és növekvő magánbefektetésekkel, különösen a fejlett üzemanyagok, például a HALEU (magas dúsítású urán) terén. A Világbank lehetséges politikai váltása, amely lehetővé tenné nukleáris projektek finanszírozását, jelentős hatással lehet a globális befektetésekre, példát mutatva más hitelezőknek is[ans.org].

Az USA-ban jelentős lépés a Prohibiting Russian Uranium Imports Act életbe lépése, amely megtiltja a feldolgozatlan, alacsony dúsítású orosz urán behozatalát, és 2,72 milliárd dollár szövetségi támogatást szabadít fel a hazai urántermelés fellendítésére. A törvény 2027-ig korlátozott mentességeket engedélyez, 2040-ben pedig lejár[ans.org].

Technológia és innováció

A TerraPower hivatalosan is jelezte a brit hatóságoknak, hogy megkezdi a Natrium nátrium-hűtésű gyorsreaktor általános tervezési engedélyezési folyamatát, ezzel jelezve, hogy a vállalat nemzetközi szinten is be kívánja vezetni ezt a technológiát[world-nuclear-news.org]. Olaszországban új nemzeti bizottság alakult a radioaktív anyagok szállításával kapcsolatos kihívások kezelésére, a megfelelőség és a logisztika egyszerűsítése érdekében[world-nuclear-news.org].

Az Enel, az Ansaldo Energia és a Leonardo megalapította a Nuclitalia céget, hogy tanulmányozza a fejlett nukleáris technológiákat és elemezze a piaci lehetőségeket, ami jól mutatja az európai érdeklődés növekedését a következő generációs nukleáris megoldások iránt[world-nuclear-news.org].

Friss és közelgő események

• Az IAEA Kormányzótanácsának ülése (2025. június 9–13.) számos politikai, biztonsági és védelmi kérdéssel foglalkozik majd[iaea.org].
• Az amerikai Fehér Ház nemrégiben csúcstalálkozót tartott a hazai nukleáris fejlesztésekről, és elindította a legnagyobb szövetségi kezdeményezést az elmúlt ötven évben a hálózati méretű nukleáris reaktorok felgyorsított építésére[ans.org].

---

Források: - world-nuclear-news.org - iaea.org - ans.org - nucnet.org

@ cae03c48:2a7d6671

Bitcoin Magazine

Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy

Today, H100 Group AB announced it has entered a SEK 21 million convertible loan from an investment agreement with Adam Back, with the option to expand his investment to SEK 277 million through a five-tranche convertible loan deal. The proceeds will be used to buy Bitcoin in alignment with H100 Group’s long-term Bitcoin treasury strategy.

H100 Group AB (Ticker: H100) secures a SEK 21M ($2.1M) commitment from @adam3us , with rights to invest an additional SEK 128M ($12.8M) in tranches—bringing the total contemplated raise to SEK 277M (~$27.7M). pic.twitter.com/c0HgMSRxut

— H100 (@H100Group) June 3, 2025

Under the agreement, Back may invest up to SEK 128 million across four additional tranches, with guaranteed participation of at least 50%. Each tranche is twice his committed amount, demonstrating his support for H100’s long-term growth.

The press release said, “Adam Back may request the Second Tranche within 90 days from signing of the Initial Tranche, the Third Tranche within 90 days from signing of the Second Tranche, the Fourth Tranche within 90 days from signing of the Third Tranche and the Fifth Tranche within ninety 90 days from signing of the Fourth Tranche. In the event Adam Back does not request a Future Tranche within the deadline, the right to request subsequent Future Tranches lapses.”

The convertible loans have no interest and have a five year maturity. At any time, Back may convert the loans into shares of the Company. Conversion prices are fixed per tranche: SEK 1.75 per share for the initial tranche, rising to SEK 5.00 by the fifth tranche. H100 retains the right to force conversion if the stock price exceeds the conversion rate by 33% over a 20 day period. Full conversion of the initial tranche would result in 12 million new shares and a 9.3% dilution.

“Upon request of a tranche Adam Back is obliged to invest in the relevant Tranche with SEK 15,750,000 in the second tranche, SEK 23,625,000 in the third tranche, SEK 35,437,500 in the fourth tranche, and SEK 53,156,250 in the fifth tranche,” stated the press release. “The contemplated size for each tranche is twice the entitled amount of Adam Back.”

Blockstream has “been around since 2014 and we work with our investors to put Bitcoin in a balance sheet back then and since then,” said Adam Back at the 2025 Bitcoin Conference. “I think the way to look at the treasury companies is that Bitcoin is effectively the hurdle rate; it’s very hard to outperform bitcoin. Most people that have invested in things since bitcoin has been around have thought, ‘oh, I should have put that in bitcoin and not in the other thing.”

This post Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ a5ee4475:2ca75401

[EM ATUALIZAÇÃO]

vacina #saude #politica #manipulacao #mundial #genocidio #pandemia #conspiracao

Este artigo reúne algumas evidências mais antigas que vim registrando durante alguns anos contra a covid, vacinas obrigatórias e a ação de agências de governo, fundações, políticos, mídia tradicional, celebridades, influenciadores, cientistas, redes sociais e laboratórios, em envolvimento com genocídio e restrições de liberdades em escala mundial causado por decisões em várias esferas relativas ao covid e as vacinas obrigatórias em geral.

Porém, alguns links podem não estar mais disponiveis, foram que ainda faltam ser registradas muitas informações já divulgadas nos últimos anos e que não tivemos contato pela escassez de meios para a obtenção dessas informações de forma organizada. Portanto, o presente artigo ainda passará por atualizações de conteúdo e formatação, então se possível ajudem sugerindo com complementos ou alterações.

---

Explicações iniciais:

• SARS-CoV-2 é que é nome do vírus. Ele que causa a doença Covid-19;
• O coronavírus SARS-CoV-2 é o segundo tipo de SARS-CoV documentado, o primeiro ocorreu entre 2002 e 2003, se originando também da China e também dito como tendo origem animal;
• SARS (Severe Acute Respiratory Syndrome) - Síndrome Respiratória Aguda Grave (SRAG) é a uma doença respiratória viral, relatada ser de origem zoonótica (animal), causada pelos coronavírus SARS-CoV (2002) e SARS-CoV-2 (2019), ambos de origem chinesa;
• O termo 'Coronavírus' (COVID) é na verdade um nome genérico para vários vírus de gripes já comuns, dado para o tipo corona (com uma "coroa", 'espetos' ao redor dele), o Sars-Cov-2 (que passou a ser chamado erroneamente só de Covid), é só um deles.

---

1. Vacinas Obrigatórias em Geral

• Vacinas e autismo em crianças https://publichealthpolicyjournal.com/vaccination-and-neurodevelopmental-disorders-a-study-of-nine-year-old-children-enrolled-in-medicaid/

• O CDC admite que 98 milhões de pessoas receberam o vírus do câncer através da vacina da Poliomielite https://medicinanews.com.br/frente/frente_1/o-cdc-admite-que-98-milhoes-de-pessoas-receberam-o-virus-do-cancer-atraves-da-vacina-poliomielite/

- Fonte original da imagem: https://preventdisease.com/images13/CDC_Polio.png [indisponível] - Imagem arquivada em: https://web.archive.org/web/20201203231640/

"O CDC (Os Centros de Controle e Prevenção de Doenças dos Estados Unidos) removeu rapidamente uma página do seu site, que estava em cache no Google, como você pode ver logo abaixo, admitindo que mais de 98 milhões de americanos receberam uma ou mais doses de vacina contra pólio dentro de 8 período entre 1955 e 1963, quando uma proporção da vacina foi contaminada com um poliomavírus causador de câncer chamado SV40."

27/02/2021 - Por que o Japão demorou para vacinar, mesmo com Olimpíada se aproximando https://www.cnnbrasil.com.br/internacional/2021/02/27/por-que-o-japao-demorou-para-vacinar-mesmo-com-olimpiada-se-aproximando

"Desconfiança da população japonesa em relação a vacinas, ligada a casos ocorridos no passado, está entre razões que atrasaram imunização no país.

A resistência à vacina do Japão remonta à década de 1970, quando duas crianças morreram dentro de 24 horas após receberem a vacina combinada contra difteria, tétano e coqueluche (coqueluche). A vacina foi temporariamente suspensa, mas a confiança já havia sido abalada. Por vários anos, as taxas de vacinação infantil caíram, levando a um aumento nos casos de tosse convulsa.

No final dos anos 1980, houve outro susto com a introdução da vacina tripla contra sarampo, caxumba e rubéola produzida no Japão. As primeiras versões do imunizante foram associadas à meningite asséptica, ou inchaço das membranas ao redor do cérebro e da medula espinhal. O problema foi rastreado até o componente caxumba da vacina tripla, o que levou a uma ação judicial e a indenização por danos pesados.

O Instituto Nacional de Ciências da Saúde interrompeu a dose combinada em 1993 e a substituiu por vacinas individuais. Após o escândalo, Shibuya disse que o governo japonês se tornou "ciente dos riscos" e seu programa nacional de vacinação tornou-se voluntário.

O Dr. Yuho Horikoshi, especialista em doenças infecciosas, diz que os processos levaram a uma "lacuna de vacinação", em que nenhuma vacina foi aprovada no Japão por cerca de 15 anos.

Mais recentemente, em 2013, o Japão adicionou a vacina contra o papilomavírus humano (HPV) ao calendário nacional para proteger as meninas contra o vírus sexualmente transmissível, que é conhecido por causar câncer cervical. No entanto, vídeos de meninas supostamente sofrendo de reações adversas começaram a circular no YouTube, levando o governo a retirá-los da programação nacional."

---

2. PRIMEIRAS OCORRÊNCIAS PREDITIVAS AO COVID-19

2002 - Síndrome respiratória aguda grave (SARS) Brenda L. Tesini (setembro de 2018). Síndrome respiratória aguda grave (SARS) [indisponível]. Manual Merck. Consultado em 23 de janeiro de 2020, citado no Wikipedia

Wikipedia: "A SARS [doença do vírus SARS-CoV] foi detectada na China e entre 2002 e 2003, um surto da doença resultou em mais de 8 000 casos e cerca de 800 mortes em todo o mundo. "

2010 - Fundação Rockfeller, Lockstep. https://www.rockefellerfoundation.org/wp-content/uploads/Annual-Report-2010-1.pdf

Neste PDF da fundação Rockfeller, em seu próprio site, a fundação deixou claro o seu envolvimento em casos de ‘contenção’ de pandemias juntamente com a USAID (agência americana com nome ambíguo, como formalmente ‘United States Agency for International Development’, mas soando como ‘US Socorre’, mas sendo um braço do governo democrata que financiava interferências políticas diretas em vários países, como no Brasil: https://www.gazetadopovo.com.br/vida-e-cidadania/quais-ongs-cooperaram-com-moraes-e-sao-alvo-do-congresso-nos-eua/ ), inclusive em relacionadas ao SARS, um vírus muito semelhante ao SEGUNDO tipo de vírus Sars-Cov, o Sars-Cov-2 (o vírus propagado em 2019) e que causa o COVID-19.

Segundo eles:

“Integração entre Regiões e Países

A Fundação Rockefeler investiu US$ 22 milhões em sua Iniciativa de Redes de Vigilância de Doenças para ajudar a conter a disseminação de doenças infecciosas e pandemias, fortalecendo os sistemas nacionais, regionais e globais de vigilância e resposta a doenças. Dois programas-chave da Rockefeler — a Rede de Vigilância de Doenças da Bacia do Mekong e a Rede Integrada de Vigilância de Doenças da África Oriental — conectaram e capacitaram profissionais de saúde, epidemiologistas e autoridades de saúde pública em toda a região, levando a um aumento de seis vezes nos locais de vigilância de doenças transfronteiriças somente nos últimos três anos. Em 2010, a Rockefeler expandiu a bem-sucedida campanha transdisciplinar One Health, que a USAID e o Banco Asiático de Desenvolvimento adotaram como modelos. One Health refere-se à integração da ciência médica e veterinária para combater essas novas variedades de doenças zoonóticas que se movem e sofrem mutações rapidamente de animais para humanos. Essas colaborações criaram e fortaleceram uma rede regional crítica de saúde pública, enquanto as lições aprendidas foram exportadas entre disciplinas e países. Além de fortalecer os laços globais em saúde pública, a Rockefeler ajudou a elevar o nível de especialização e treinamento em campo. O Programa de Treinamento em Epidemiologia de Campo coloca graduados nos mais altos escalões do governo no Laos e no Vietnã, enquanto as bolsas da Rockefeler transformaram as ferramentas disponíveis para os médicos, permitindo-lhes utilizar o poder da internet para se comunicar e monitorar eventos, compreender contextos locais e analisar novos problemas. Finalmente, estamos aplicando ferramentas do século XXI para combater os desafios de saúde do século XXI.”

Julho de 2012 - Revista Mundo Estranho

Houve uma "coincidência", a revista Mundo Estranho em julho de 2012, entrevistou o até então doutorando em virologia, Átila Iamarino (o mesmo cientista que fez diversas propagandas das vacinas no Brasil), para descrever um possível cenário de propagação de uma epidemia viral, a revista descreve com grande precisão os eventos de 2020, mas apontando o oposto da China, em que, na realidade, sua economia cresceu vertiginosamente.

---

3. PRIMEIROS INDÍCIOS

10/2019 - Evento 201 - Durante os Jogos Militares Internacionais na China https://www.centerforhealthsecurity.org/event201/

Promovido por: - Bill & Melinda Gates Foundation - John Hopkins Institute - Fórum econômico mundial

"O evento simula a liberação de um coronavírus novo do tipo zoonótico transmitido por morcegos para porcos e por fim para humanos. Eventualmente ele se torna muito transmissível entre humanos levando a uma pandemia severa. O vírus é muito parecido com o vírus da SARS, mas se transmite muito mais facilmente entre pessoas devido a sintomas muito mais leves destas."

Também mencionado por: [Jornal Estadão] ( http://patrocinados.estadao.com.br/medialab/releaseonline/releasegeral-releasegeral/geral-johns-hopkins-center-for-health-security-forum-economico-mundial-e-fundacao-bill-melinda-gates-realizam-exercicio-pandemico-e-transmissao-ao-vivo/)

Sobre o "Movimento antivacina"

05/12/2017 - Movimento antivacina: como surgiu e quais consequências ele pode trazer? https://www.uol.com.br/universa/noticias/redacao/2017/12/05/o-que-o-movimento-antivacina-pode-causar.htm?cmpid=copiaecola

23/03/2019 - "Instagram bloqueia hashtags e conteúdo antivacinação" https://canaltech.com.br/redes-sociais/instagram-bloqueia-hashtags-e-conteudo-antivacinacao-135411/

23/05/2021 - Novos dados sobre pesquisadores de Wuhan aumentam debate sobre origens da Covid https://www.cnnbrasil.com.br/saude/novos-dados-sobre-pesquisadores-de-wuhan-aumentam-debate-sobre-origens-da-covid/

"A China relatou à Organização Mundial da Saúde que o primeiro paciente com sintomas semelhantes aos de Covid-19 foi registrado em Wuhan em 8 de dezembro de 2019"

01/02/2020 - O que aconteceu desde que o novo coronavírus foi descoberto na China https://exame.com/ciencia/o-que-aconteceu-desde-que-o-novo-coronavirus-foi-descoberto-na-china/

"O primeiro alerta foi recebido pela Organização Mundial da Saúde (OMS) em 31 de dezembro de 2019"

15/09/2020 - YouTube diz que vai remover vídeos com mentiras sobre vacina contra COVID-19 https://gizmodo.uol.com.br/youtube-remover-videos-mentiras-vacina-covid-19/

"O YouTube anunciou na quarta-feira (14) que estenderá as regras atuais sobre mentiras, propaganda e teorias da conspiração sobre a pandemia do coronavírus para incluir desinformação sobre as vacinas contra a doença.

De acordo com a Reuters, a gigante do vídeo diz que agora vai proibir conteúdos sobre vacinas contra o coronavírus que contradizem “o consenso de especialistas das autoridades de saúde locais ou da OMS”, como afirmações falsas de que a vacina é um pretexto para colocar chips de rastreamento nas pessoas ou que irá matar ou esterilizar quem tomar."

*07/01/2021 - YouTube vai punir canais que promovem mentiras sobre eleições – incluindo os de Trump https://olhardigital.com.br/2021/01/07/noticias/youtube-vai-punir-canais-que-promovem-mentiras-sobre-eleicoes-incluindo-os-de-trump/

"O YouTube anunciou que vai punir canais que promovem mentiras sobre as eleições, removendo sumariamente qualquer vídeo que contenha desinformação e, ao mesmo tempo, advertindo com um “strike” o canal que o veicular. A medida já está valendo e a primeira “vítima” é ninguém menos que o ex-presidente americano, Donald Trump.

A medida não é exatamente nova, mas foi novamente comunicada e reforçada pelo YouTube na quarta-feira (6), após os eventos de invasão do Capitólio, em Washington, onde o presidente eleito Joe Biden participava da cerimônia que confirmava a sua vitória nas eleições de novembro de 2020. A ocasião ficou marcada pela tentativa de invasão de correligionários de Trump, que entraram no edifício em oposição à nomeação do novo presidente. Uma mulher acabou sendo morta pela polícia que protegia o local.

O ex-presidente Donald Trump teve vídeos banidos de seu canal no YouTube após os eventos de ontem (6) no capitólio."

---

4. FIGURAS CENTRAIS

Bill Gates

• Bill Gates diz 'não' a abrir patentes de vacinas https://www.frontliner.com.br/bill-gates-diz-nao-a-abrir-patentes-de-vacinas/

"Bill Gates, um dos homens mais ricos do mundo, cuja fundação tem participação na farmacêutica alemã CureVac, produtora de vacina mRNA para prevenção de covid-19, disse não acreditar que a propriedade intelectual tenha algo a ver com o longo esforço global para controlar a pandemia."

João Doria e São Paulo

26/07/2017 - João Dória vai a China conhecer drones para ampliar segurança eletrônica na capital paulista https://jc.ne10.uol.com.br/blogs/jamildo/2017/07/26/joao-doria-vai-china-conhecer-drones-para-ampliar-seguranca-eletronica-na-capital-paulista/

02/08/2019 - Governo de SP fará Missão China para ampliar cooperação e atrair investimentos https://www.saopaulo.sp.gov.br/spnoticias/governo-de-sao-paulo-detalha-objetivos-da-missao-china/

20/11/2019 - Doria se encontra com chineses das gigantes CREC e CRCC e oferece concessões de rodovia, metrô e ferrovia https://diariodotransporte.com.br/2019/11/20/doria-se-encontra-com-chineses-das-gigantes-crec-e-crcc-e-oferece-concessoes-de-rodovia-metro-e-ferrovia/

25/01/2020 - "Chineses serão agressivos" nas privatizações em SP até 2022, afirma Dória https://noticias.uol.com.br/colunas/jamil-chade/2020/01/25/entrevista-joao-doria-privatizacoes-sao-paulo-china.htm

O governador de São Paulo, João Doria, afirma que vai acelerar os programas de desestatização no estado em 2020 e acredita que concessões e vendas poderão permitir uma arrecadação de pelo menos R$ 40 bilhões. Nesse processo, o governador avalia que a China deve atuar de forma agressiva e que aprofundará sua posição de maior parceira comercial do estado, se distanciando de americanos e argentinos.

29/06/2020 - Doria estabelece multa para quem estiver sem máscara na rua em SP https://veja.abril.com.br/saude/doria-estabelece-multa-para-quem-estiver-sem-mascara-na-rua/

24/12/2020 - Doria é flagrado sem máscara e fazendo compras em Miami https://pleno.news/brasil/politica-nacional/doria-e-flagrado-sem-mascara-e-fazendo-compras-em-miami.html

"Foto do governador de São Paulo sem o item de proteção viralizou nas redes"

07/06/2021 - Doria é criticado na internet por tomar sol sem máscara em hotel no Rio https://vejasp.abril.com.br/cidades/doria-e-criticado-na-internet-por-tomar-sol-sem-mascara-em-hotel-no-rio/

30/09/2020 - Governo de SP assina contrato com Sinovac e prevê vacina para dezembro https://agenciabrasil.ebc.com.br/saude/noticia/2020-09/governo-de-sp-assina-contrato-com-sinovac-e-preve-vacina-para-dezembro

O governador de São Paulo, João Doria, e o vice-presidente da laboratório chinês Sinovac, Weining Meng, assinaram hoje (30), um contrato que prevê o fornecimento de 46 milhões de doses da vacina CoronaVac para o governo paulista até dezembro deste ano.

O contrato também prevê a transferência tecnológica da vacina da Sinovac para o Instituto Butantan, o que significa que, o instituto brasileiro poderá começar a fabricar doses dessa vacina contra o novo coronavírus. O valor do contrato, segundo o governador João Doria é de US$ 90 milhões.

20/10/2020 - Coronavac terá mais de 90% de eficácia, afirmam integrantes do governo paulista https://www.cnnbrasil.com.br/saude/2020/12/20/coronavac-tera-mais-de-90-de-eficacia-afirmam-integrantes-do-governo

24/10/2020 - Não esperamos 90% de eficácia da Coronavac’, diz secretário de saúde de SP https://www.cnnbrasil.com.br/saude/2020/12/24/nao-esperamos-90-de-eficacia-da-coronavac-diz-secretario-de-saude-de-sp

07/01/2021 - Vacina do Butantan: eficácia é de 78% em casos leves e 100% em graves https://www.cnnbrasil.com.br/saude/2021/01/07/vacina-do-butantan-eficacia-e-de-78-em-casos-leves-e-100-em-graves

09/01/2021 - Não é hora de sermos tão cientistas como estamos sendo agora https://g1.globo.com/sp/sao-paulo/video/nao-e-hora-de-sermos-tao-cientistas-como-estamos-sendo-agora-diz-secretario-de-saude-de-sp-9166405.ghtml

10/01/2021 - Dados da Coronavac relatados à Anvisa não estão claros, diz médico https://www.cnnbrasil.com.br/saude/2021/01/10/dados-da-coronavac-relatados-a-anvisa-nao-estao-claros-diz-medico

"O diretor do Laboratório de Imunologia do Incor, Jorge Kalil, reforçou que faltaram informações sobre a Coronavac nos dados divulgados à Anvisa"

12/01/2021 - New Brazil data shows disappointing 50,4% efficacy for China’s Coronavac vaccine [Novos dados do Brasil mostram eficácia decepcionante de 50,4% para a vacina CoronaVac da China] https://www.reuters.com/article/us-health-coronavirus-brazil-coronavirus/new-brazil-data-shows-disappointing-504-efficacy-for-chinas-coronavac-vaccine-idUSKBN29H2CE

13/01/2021 - Eficácia da Coronavac: 50,38%, 78% ou 100%? https://blogs.oglobo.globo.com/lauro-jardim/post/5038-78-ou-100.html

“De acordo com interlocutores que participaram tanto do anúncio de ontem como da semana passada, quem pressionou para que os dados de 78% e 100% fossem liberados foi João Dória.”

07/05/2021 - Covid-19: Doria toma primeira dose da vacina CoronaVac https://veja.abril.com.br/saude/covid-19-doria-toma-primeira-dose-da-vacina-coronavac/

04/06/2021 - Doria é vacinado com a segunda dose da CoronaVac em São Paulo https://noticias.uol.com.br/politica/ultimas-noticias/2021/06/04/doria-e-vacinado-com-a-segunda-dose-da-coronavac-em-sao-paulo.htm

15/07/2021 - Doria testa positivo para a Covid-19 pela 2ª vez https://www.correiobraziliense.com.br/politica/2021/07/4937833-doria-testa-positivo-para-covid-19-pela-segunda-vez.html

"Governador de São Paulo já havia sido diagnosticado com a doença no ano passado. Ele diz que, apesar da infecção, se sente bem, o que atribui ao fato de ter sido vacinado com duas doses da Coronavac"

06/08/2021 - CPI recebe investigação contra Doria por compra de máscara sem licitação https://www.conexaopoder.com.br/nacional/cpi-recebe-investigacao-contra-doria-por-compra-de-mascara-sem-licitacao/150827

"Empresa teria usado o nome de Alexandre Frota para vender máscaras ao governo de SP. Doria nega informação"

Renan Filho

(filho do Renan Calheiros)

25/07/2019 - Governador Renan Filho vai à China em busca de investimentos para o estado https://www.tnh1.com.br/videos/vid/governador-renan-filho-vai-a-china-em-busca-de-investimentos-para-o-estado/

20/03/2020 - Governadores do NE consultam China e pedem material para tratar covid-19 https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2020/03/20/governadores-do-ne-consultam-china-e-pedem-material-para-tratar-covid-19.htm

---

5. Narrativas, restrições e proibições

17/12/2020 - STF decide que vacina contra a covid pode ser obrigatória, mas não forçada https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2020/12/17/stf-julga-vacinacao-obrigatoria.htm?cmpid=copiaecola

"O STF (Supremo Tribunal Federal) decidiu, em julgamento hoje, que o Estado pode determinar a obrigatoriedade da vacinação contra a covid-19. Porém fica proibido o uso da força para exigir a vacinação, ainda que possam ser aplicadas restrições a direitos de quem recusar a imunização.

Dez ministros foram favoráveis a obrigatoriedade da vacinação, que poderá ser determinada pelo governo federal, estados ou municípios. As penalidades a quem não cumprir a obrigação deverão ser definidas em lei."

27/07/2021 - Saiba que países estão adotando 'passaporte da vacina' para suspender restrições https://www.cnnbrasil.com.br/internacional/2021/07/27/saiba-que-paises-estao-adotando-passaporte-da-vacina-para-suspender-restricoes

" - Israel - Uniao Europeia - Áustria - Dinamarca - Eslovênia - França - Grécia - Irlanda - Itália - Letônia - Lituânia - Luxemburgo - Holanda - Portugal - Japão - Coreia do sul"

18/06/2021 - O que é o passaporte da vacina que Bolsonaro quer vetar? https://noticias.uol.com.br/politica/ultimas-noticias/2021/06/18/uol-explica-o-que-e-o-passaporte-da-vacina-que-opoe-bolsonaro-e-damares.htm

"O Brasil poderá ter um certificado de imunização futuramente. Aprovado no Senado na semana passada, o "passaporte da vacina", como é chamado, prevê identificar pessoas vacinadas para que entrem em locais públicos ou privados com possíveis restrições."

---

6. Vacinas

Alegações iniciais

• CoronaVac, Oxford e Pfizer: veja diferenças entre as vacinas contra covid noticias.uol.com.br/saude/ultimas-noticias/redacao/2021/05/11/diferencas-vacinas-covid-brasil.htm

" - CoronaVac (Butantan/Sinovac - Chinesa) Com virus inativo 50,38% de eficácia 2 doses

• Covishield - 'AstraZeneca' (Fiocruz/Astrazenica/Oxford - Britânica) Com virus não replicante 67% de eficácia 2 doses

• ComiRNAty - 'Pfizer' (Pfizer - Americana / BioNTech - Alemã) Com RNA mensageiro 96% de eficácia 2 doses"

Riscos diretos

15/06/2021 - Trombose após vacinação com AstraZeneca: Quais os sintomas e como se deve atuar? https://www.istoedinheiro.com.br/trombose-apos-vacinacao-com-astrazeneca-quais-os-sintomas-e-como-se-deve-atuar/

"Agências europeias estão reticentes com a vacina da AstraZeneca. Ela chegou a ser desaconselhada a pessoas com idade inferior a 60 anos, e um alto funcionário da Agência Europeia de Medicamentos declarou que era melhor deixar de administrar a vacina deste laboratório em qualquer idade quando há alternativas disponíveis, devido aos relatos de trombose após a primeira dose, apesar de raros."

11/05/2021 - CoronaVac, Oxford e Pfizer: veja diferenças entre as vacinas contra covid https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2021/05/11/diferencas-vacinas-covid-brasil.htm

"Na terça-feira (12), o Ministério da Saúde determinou a suspensão da aplicação da vacina de Oxford/AstraZeneca para gestantes e puérperas com comorbidades. A decisão segue recomendação da Anvisa, que apura a morte de uma grávida de 35 anos que tomou o imunizante e teve um AVC (acidente vascular cerebral)."

30/07/2021 - Pfizer representa o mesmo risco de trombose que a Astrazeneca, aponta levantamento https://panoramafarmaceutico.com.br/pfizer-representa-o-mesmo-risco-de-trombose-que-a-astrazeneca-aponta-levantamento/

---

7. CRIMES

Crimes da Pfizer

18/11/2020 Não listado no google - Os Crimes documentados da produtora de vacinas de Covid - Pfizer [INGLÊS] https://www.dmlawfirm.com/crimes-of-covid-vaccine-maker-pfizer-well-documented/

"A velocidade com que a vacina Covid da Pfizer foi produzida, a ausência de estudos em animais, testes de controle randomizados e outros testes e procedimentos padrão usuais para um novo medicamento são, no mínimo, preocupantes. Além disso, todos os fabricantes de vacinas Covid receberam imunidade legal para quaisquer ferimentos ou mortes que possam causar. Se essas vacinas são tão seguras quanto promovidas, por que seus fabricantes precisam de imunidade geral?"

"A Pfizer, uma empresa farmacêutica que parece ter ganhado na loteria para produzir a primeira vacina Covid-19, está atualmente lutando contra centenas de ações judiciais sobre o Zantac, um popular medicamento contra azia. Os processos da Zantac afirmam que a droga popular pode estar contaminada com uma substância cancerígena chamada N-nitrosodimetilamina (NDMA). Os processos Zantac são em aberto e em andamento, já que a farmacêutica está lutando contra eles; mas a Pfizer, sabemos, cometeu vários crimes ou transgressões pelos quais foi punida nos últimos anos. As falhas da empresa estão bem documentadas e vale a pena revisá-las neste momento crítico da história da humanidade, enquanto todos nós buscamos respostas."

A Pfizer recebeu a maior multa da história dos Estados Unidos como parte de um acordo judicial de US $ 2,3 bilhões com promotores federais por promover medicamentos erroneamente (Bextra, Celebrex) e pagar propinas a médicos complacentes. A Pfizer se confessou culpada de falsificar a marca do analgésico Bextra, promovendo o medicamento para usos para os quais não foi aprovado.

Na década de 1990, a Pfizer estava envolvida em válvulas cardíacas defeituosas que causaram a morte de mais de 100 pessoas. A Pfizer enganou deliberadamente os reguladores sobre os perigos. A empresa concordou em pagar US $ 10,75 milhões para acertar as acusações do departamento de justiça por enganar reguladores.

A Pfizer pagou mais de US $ 60 milhões para resolver um processo sobre o Rezulin, um medicamento para diabetes que causou a morte de pacientes de insuficiência hepática aguda.

No Reino Unido, a Pfizer foi multada em quase € 90 milhões por sobrecarregar o NHS, o Serviço Nacional de Saúde. A Pfizer cobrou do contribuinte um adicional de € 48 milhões por ano, pelo que deveria custar € 2 milhões por ano.

A Pfizer concordou em pagar US $ 430 milhões em 2004 para resolver acusações criminais de que havia subornado médicos para prescrever seu medicamento para epilepsia Neurontin para indicações para as quais não foi aprovado. Em 2011, um júri concluiu que a Pfizer cometeu fraude em sua comercialização do medicamento Neurontin. A Pfizer concordou em pagar $ 142,1 milhões para liquidar as despesas.

A Pfizer revelou que pagou quase 4.500 médicos e outros profissionais médicos cerca de US $ 20 milhões por falar em nome da Pfizer.

Em 2012, a Comissão de Valores Mobiliários dos Estados Unidos - anunciou que havia chegado a um acordo de US $ 45 milhões com a Pfizer para resolver acusações de que suas subsidiárias haviam subornado médicos e outros profissionais de saúde no exterior para aumentar as vendas no exterior.

A Pfizer foi processada em um tribunal federal dos Estados Unidos por usar crianças nigerianas como cobaias humanas, sem o consentimento dos pais das crianças. A Pfizer pagou US $ 75 milhões para entrar em acordo no tribunal nigeriano pelo uso de um antibiótico experimental, o Trovan, nas crianças. A empresa pagou um valor adicional não divulgado nos Estados Unidos para liquidar as despesas aqui. A Pfizer violou o direito internacional, incluindo a Convenção de Nuremberg estabelecida após a Segunda Guerra Mundial, devido aos experimentos nazistas em prisioneiros relutantes.

Em meio a críticas generalizadas de roubar os países pobres em busca de drogas, a Pfizer prometeu dar US $ 50 milhões para um medicamento para a AIDS para a África do Sul. Mais tarde, no entanto, a Pfizer falhou em honrar essa promessa.

• Pfizer contract leaked! [Contrato da Pfizer vazado] http://sanjeev.sabhlokcity.com/Misc/LEXO-KONTRATEN-E-PLOTE.pdf

Segundo o contrato "o produto não deve ser serializado":

"5.5 Reconhecimento do comprador.

O Comprador reconhece que a Vacina e os materiais relacionados à Vacina, e seus componentes e materiais constituintes estão sendo desenvolvidos rapidamente devido às circunstâncias de emergência da pandemia de COVID-19 e continuarão a ser estudados após o fornecimento da Vacina ao Comprador nos termos deste Contrato. O Comprador reconhece ainda que os efeitos de longo prazo e eficácia da Vacina não são atualmente conhecidos e que pode haver efeitos adversos da Vacina que não são atualmente conhecidos. Além disso, na medida do aplicável, o Comprador reconhece que o Produto não deve ser serializado."

Crimes da AstraZeneca

21/06/2003 - AstraZeneca se declara culpada no esquema de médico de câncer https://www.nytimes.com/2003/06/21/business/astrazeneca-pleads-guilty-in-cancer-medicine-scheme.html

"A AstraZeneca, a grande empresa farmacêutica, se declarou culpada hoje de uma acusação de crime de fraude no sistema de saúde e concordou em pagar $ 355 milhões para resolver as acusações criminais e civis de que se envolveu em um esquema nacional para comercializar ilegalmente um medicamento contra o câncer de próstata.

O governo disse que os funcionários da empresa deram incentivos financeiros ilegais a cerca de 400 médicos em todo o país para persuadi-los a prescrever o medicamento Zoladex. Esses incentivos incluíram milhares de amostras grátis de Zoladex [...]"

27/04/2010 - Farmacêutica gigante AstraZeneca pagará US $ 520 milhões pelo marketing de medicamentos off-label https://www.justice.gov/opa/pr/pharmaceutical-giant-astrazeneca-pay-520-million-label-drug-marketing

"AstraZeneca LP e AstraZeneca Pharmaceuticals LP vão pagar $ 520 milhões para resolver as alegações de que a AstraZeneca comercializou ilegalmente o medicamento antipsicótico Seroquel para usos não aprovados como seguros e eficazes pela Food and Drug Administration (FDA), os Departamentos de Justiça e Saúde e Serviços Humanos A Equipe de Ação de Fiscalização de Fraudes em Saúde (HEAT) anunciou hoje. Esses usos não aprovados também são conhecidos como usos "off-label" porque não estão incluídos no rótulo do medicamento aprovado pela FDA."

• List of largest pharmaceutical settlements [Lista dos maiores acordos farmaceuticos] https://en.m.wikipedia.org/wiki/List_of_largest_pharmaceutical_settlements

---

8. CIENTISTAS

• Máscara Provoca Insuficiência Respiratória E Contaminação Microbiana… [Canal deletado] https://youtube.com/watch?v=eHu-pydSvDI

Não lembro mais a quem pertencia, mas provavelmente era de um médico falando do assunto. Creio ter sido do Dr. Paulo Sato, por essa temática ter sido abordada por ele, mas ao abrir o site aparece somente:

"Este vídeo foi removido por violar as diretrizes da comunidade do YouTube"

Dr. Paulo Sato

• USAR ou NÃO USAR a CUECA do seu governador no rosto https://fb.watch/7NPP_7rS5S/ https://www.facebook.com/AdoniasSoaresBR/videos/1347904292291481/ Adonias Soares entrevista ao Dr. Paulo Sato sobre as máscaras, em que é simulado o efeito da respiração prolongada das máscaras no organismo com o uso de águas de torneira, natural, gaseificada (com gás carbônico) e antioxidante, em que a com gás carbônico (PH 4 - Ácido) representa o organismo humano, e na prática representa lesão corporal e iniciação de doenças.

Dr. Kary Mullis

(Criador do teste PCR)

• PCR nas palavras do seu inventor - Dr. Kary Mullis (legendado) https://www.youtube.com/watch?v=W1O52uTygk8

"Qualquer um pode testar positivo para quase qualquer coisa com um teste de PCR, se você executá-lo por tempo suficiente… Com PCR, se voce fizer isso bem, você pode encontrar quase tudo em qualquer pessoa… Isso não te diz que você está doente."

• Kary Mullis DESTRUYE a Anthony Fauci lbry://@CapitalistChile#0/Kary-Mullis---Fauci#5

"Ele [...] não entende de medicina e não deveria estar onde está. A maioria dos que estão acima são só administrativos e não têm nem ideia do que ocorre aqui em baixo e essas pessoas tem uma agenda que não é a que gostaríamos que tivessem, dado que somos nós os que pagamos a eles para que cuidem da nossa saúde. Têm uma agenda pessoal."

Dra. Li-Meng Yan

• Dra. Li-Meng Yan: O vírus foi criado em laboratório com um objetivo: Causar dano. https://youtu.be/pSXp3CZnvOc

Dr. Joe Roseman

• Cientista Phd Dr Joe Roseman faz seríssimas advertencias sobre a picada https://youtu.be/0PIXVFqJ_h8

Dr. Robert Malone

• As vacinas podem estar causando ADE - Dr. Robert Malone https://odysee.com/@AkashaComunidad:f/Las_vacunas_pueden_estar_causando_ADE_magnificaci%C3%B3n_mediada_por:f lbry://@Información.#b/Drrm#9

Dr. Robert Malone, um dos três inventores da tecnologia de RNAm que se usa de forma farmacêutica. No vídeo fala sobre os efeitos de ADE (realce dependente de anticorpos) que estão ocorrendo com as vacinas. Nas palavras do Dr. Malone, já não é somente uma hipótese, mas baseada nos conhecimentos gerados nas provas e ensaios pré clínicos, com as vacinas contra o primeiro vírus da SARS.

Dr. Luc Montagnier

• Dr. Luc Montagnier, virologista, prêmio Nobel de medicina, um dos descobridores do vírus HIV, afirma: "a vacinação em massa está criando as novas variantes' (@medicospelavida , telegram)

CASOS DOCUMENTADOS

13 de setembro de 2021 - 13/09/2021 - Carta aberta ao Ministro da Saúde por Arlene Ferrari Graf, mãe de Bruno Oscar Graf https://telegra.ph/Carta-aberta-ao-Ministro-da-Sa%C3%BAde-09-13

Também em: Gazeta do Povo

O texto de uma mãe discorrendo sobre o filho dela, Bruno Oscar Graf, ter ANTI-HEPARINA PF4 AUTO-IMUNE e ter vindo a falecer por reação à vacina.

11/05/2021 - Rio notifica morte de grávida vacinada com imunizante Oxford https://www.terra.com.br/noticias/coronavirus/rio-notifica-morte-de-gravida-vacinada-com-imunizante-oxford,415b9b0c49169427ac2f90ae3765c057e9suy3qn.html

"Vítima não apresentava histórico de doença circulatória nem sofria de nenhuma doença viral; relação será investigada"

13/08/2021 - Cruzeiro com 4.336 pessoas tem 27 contaminados com Covid-19 em Belize https://paranaportal.uol.com.br/geral/cruzeiro-com-4-336-pessoas-tem-27-contaminados-com-covid-19-em-belize/amp/

"Segundo um comunicado do Conselho de Turismo de Belize emitido na quarta-feira (11), 26 contaminados são da tripulação e um é passageiro. A maioria é assintomática e os 27 estão vacinados."

---

9. ALEGAÇÕES DIRETAS

Setembro de 2021 - 09/2021 - BOMBA: Ex-membro do Partido Comunista da China revela que o primeiro surto da Covid foi “intencional” https://terrabrasilnoticias.com/2021/09/bomba-ex-membro-do-partido-comunista-da-china-revela-que-o-primeiro-surto-da-covid-foi-intencional/

@ 45ea632c:bb0b4fa1

A plataforma 55BB chegou para transformar a maneira como os jogadores brasileiros se divertem no universo online. Com uma interface moderna, navegação intuitiva e uma grande variedade de jogos envolventes, a 55BB se destaca como uma das principais opções para quem busca diversão, emoção e praticidade em um só lugar.

Desde o primeiro acesso, a 55BB impressiona pela organização e design visual. O site é leve, rápido e funciona perfeitamente tanto em computadores quanto em dispositivos móveis. Isso significa que o jogador pode acessar seus jogos favoritos a qualquer hora e de qualquer lugar, com total comodidade e segurança.

Variedade de Jogos para Todos os Gostos Um dos grandes diferenciais da 55BB é sua ampla seleção de jogos. A plataforma oferece títulos que atendem a todos os perfis de jogadores — dos iniciantes aos mais experientes. Entre os jogos mais populares estão os slots, jogos de cartas como poker e baccarat, além de versões ao vivo com crupiês reais que proporcionam uma experiência imersiva e autêntica.

Os slots disponíveis na 55bbsão desenvolvidos por provedores de renome internacional, garantindo gráficos de alta qualidade, trilhas sonoras envolventes e recursos especiais que tornam cada rodada ainda mais empolgante. Além disso, a plataforma atualiza constantemente seu catálogo com novos lançamentos, mantendo a experiência sempre fresca e atrativa.

Já os fãs de jogos de mesa encontram na 55BB uma gama variada de opções clássicas e modernas. É possível escolher entre diferentes versões de roleta, blackjack e outros jogos tradicionais que exigem tanto sorte quanto estratégia. Tudo isso com transmissões ao vivo em alta definição e interações em tempo real, o que torna a experiência ainda mais próxima da realidade.

Experiência do Jogador: Segurança, Suporte e Bonificações Na 55BB, o jogador é tratado com prioridade. A plataforma conta com um sistema de segurança avançado que protege todos os dados pessoais e financeiros dos usuários. Todas as transações são criptografadas e seguem os padrões internacionais de proteção digital.

Outro ponto forte é o suporte ao cliente. A equipe de atendimento da 55BB está disponível 24 horas por dia, sete dias por semana, pronta para resolver dúvidas e auxiliar em qualquer necessidade. O atendimento pode ser feito via chat ao vivo ou e-mail, e sempre com respostas rápidas e claras.

Além disso, a 55BB oferece diversas promoções e bonificações exclusivas para seus usuários. Novos jogadores recebem recompensas logo após o cadastro, e há programas de fidelidade e desafios semanais que garantem prêmios extras. Tudo isso contribui para uma experiência mais gratificante e estimulante.

Conclusão A 55BB não é apenas uma plataforma de jogos online — é um verdadeiro ambiente de entretenimento digital pensado para o público brasileiro. Com jogos de alta qualidade, atendimento eficiente, segurança robusta e promoções atrativas, a 55BB se consolida como uma das melhores opções para quem busca diversão e emoção com responsabilidade.

Se você ainda não conhece a 55BB, vale a pena experimentar. Prepare-se para descobrir uma nova forma de jogar, ganhar e se entreter, tudo na palma da sua mão.

@ 0861144c:e68a1caf

The last Empire: the Final Days of the Soviet Union

Serhii Plokhy clearly writes from a Ukrainian perspective, but at no point does he allow his bias to interfere with an extensive and compelling documentation, filled with transcripts and official documents from both the Soviet and American sides—documents involving actors who transitioned from the final days of the Soviet Union to the formation of the new Russian Federation.

I discovered this book through a Lex Fridman podcast, where the author gives a review of the Russian-Ukrainian conflict, explaining in rich detail the events experienced between both nations. I won’t say that what’s happening in this region is easy to understand, and yet, after reading this book, I have no doubt that all of this was foreseeable.

Here are some things I’ve learned from the book—without giving away spoilers or going too deep:

The United States opposed the disintegration of the Soviet Union until the very last hours

Contrary to popular belief and Reagan’s lofty slogans about the Evil Empire, the advisers of President George H. W. Bush—except for Dick Cheney and his inner circle—were against the dissolution and extinction of the Soviet Union. There were two simple reasons: nuclear power and nationalism.

Over the years, the USSR produced tons of nuclear arsenal, and if the country were to dissolve, advisers on both sides predicted a “nuclear Yugoslavia,” referring to the imminent conflicts in that region. The other reason was strategic: it’s easier to deal with one large country than with many separate republics sharing similar ethnic backgrounds. After reading this book, the Balkan Wars seem even more closely tied to the consequences of the Soviet breakup. You’ll draw your own conclusions when you read it.

The Cold War is in pause mode

In some movie I once heard the phrase, The war doesn’t end until both sides declare it over; while it’s true that Gorbachev resigned on December 25 and made way for the Russian Federation, he never officially ended the geopolitical maneuvers. Meanwhile, George Bush gave a speech declaring that they had “won the Cold War.”

Anyway. Have you read anything similar to this?

https://stacker.news/items/997003

@ 8d34bd24:414be32b

It is hard going through difficult situations. Health problems, family problems, financial problems, feeling alone, feeling stuck in the wrong place, and persecution are all situations that Christians regularly find themselves. The question is “How will we respond to pain?”

Advice for the Suffering

Some Christians pull away from God when it feels like everything is going wrong. They think God doesn’t care or can’t fix things. They resent every minute of pain and accuse God of wrongdoing. Even Job, who fell on his face in worship after losing everything had a moment of weakness.

“Oh that my grief were actually weighed\ And laid in the balances together with my calamity!\ For then it would be heavier than the sand of the seas;\ Therefore my words have been rash.” (Job 6:2-3) {emphasis mine}

After a moment of doubt, he did, however, repent of his rash words, as should we all.

Job should be an example to us all in dealing with pain and difficult situations. This is the verse that inspired this post.

But it is still my consolation,\ And I rejoice in unsparing pain,\ That I have not denied the words of the Holy One. \ (Job 6:10) {emphasis mine}

What an example! “I rejoice in unsparing pain.” When we trust God so much that we can rejoice in unsparing pain, we are trusting God as we should. We are accepting that God is working good in our life and we can trust Him even when nothing makes sense to us.

I also love how he says that his consolation is that “I have not denied the words of the Holy One.” Job is hurting terribly. His heart is broken. He is destitute. He lost 8 children in one day. His friends, that came to console him, have instead accused him of wrongdoing. He doesn’t understand what God is doing and why, but he has “NOT denied the words of the Holy One.” He is still putting his faith in God and his word. He is still submitting to God when he feels mistreated. He is still trusting \ God, even when he doesn’t understand what God is doing and why so many bad things are raining down on him in a torrent. Despite it all, he refuses to deny God. I hope if I am ever put through similar situations, that I can trust God and not deny His goodness.

Advice for friends

The book of Job, in addition to advice to those who are suffering, also gives advice to friends of those who are suffering. (or maybe more accurately, what not to do)

Job’s friends came with the intention to encourage and console Job. Every time Job would confess his thoughts, concerns, and questions, the response by his friends would get harsher and harsher. In the beginning they were gentle corrections, but they quickly escalated to accusing Job of great sins, that they had to know were not true, and blaming Job for every hard thing that had happened to him.

I’ve talked to other Christians who have confessed to being dragged down by other Christians who would tell them that every difficult thing that happened to them was due to their sin or lack of faith. In the case of Job, his difficulties were due to his faithfulness, in order to prove to Satan and all of history that a faithful man would stay faithful to God in good times and in bad.

Can Christians suffer as a consequence of sins and poor decisions? Of course, but there are many times that the faithful suffer. In Scripture, the people who suffered most were frequently the most faithful.

Job’s correction of his friends was accurate.

“For the despairing man there should be kindness from his friend;\ So that he does not forsake the fear of the Almighty.\ My brothers have acted deceitfully like a wadi,\ Like the torrents of wadis which vanish, (Job 6:14-15)

For those who don’t know, a wadi is a streambed that has water running in the wet season, but is bone dry during the dry season. Job accused his friends of being encouraging and helpful when he was prospering, then showing up and providing no encouragement or help when he needed it most. He thought refreshment was coming to visit, and instead what hope he had left was drained from him by his “friends.”

We need to make sure we aren’t one of those who decreases hope and decreases faith in one who is hurting. We need to have mercy when a hurting person works through their confusion and doubts and help lead them back to God instead of driving a wedge between them and God.

May the God of heaven protect us and lead us through the trials of life and may our trials lead us into the arms of our Savior. May God help us to merciful and to help guide the hurting into the Savior’s care.

Trust Jesus

@ 45ea632c:bb0b4fa1

Se você está em busca de uma experiência completa de diversão digital com praticidade, segurança e uma ampla variedade de jogos, a TT999 é uma plataforma que merece sua atenção. Com uma interface moderna, navegação intuitiva e suporte ao jogador eficiente, o site tem se destacado no cenário brasileiro como uma das principais referências em entretenimento online.

Conheça a Plataforma TT999 A TT999 é mais do que apenas uma plataforma de jogos. Ela foi desenvolvida pensando na experiência do usuário, combinando tecnologia de ponta, gráficos de alta qualidade e uma estrutura funcional que agrada tanto novatos quanto jogadores experientes. Desde o momento em que o usuário acessa o site, é possível perceber a preocupação da plataforma em oferecer um ambiente seguro e acessível.

A inscrição é rápida, exigindo apenas informações básicas, e o processo de verificação é feito de forma simples e eficaz. Além disso, a TT999 oferece múltiplas opções de pagamento e saque, todas com criptografia avançada para garantir a segurança das transações.

Outro diferencial importante da tt999é a compatibilidade com diversos dispositivos. A plataforma pode ser acessada facilmente por computador, tablet ou smartphone, sem a necessidade de baixar aplicativos pesados. Isso garante flexibilidade para que o jogador possa se divertir a qualquer hora e em qualquer lugar.

Variedade de Jogos para Todos os Perfis Um dos grandes atrativos da TT999 é seu catálogo diversificado de jogos. A plataforma conta com centenas de opções que abrangem diferentes estilos e preferências. Entre os destaques estão os populares jogos de cartas, slots com diferentes temáticas, jogos de roleta, além de jogos ao vivo que oferecem uma interação em tempo real com apresentadores e outros jogadores.

Os slots são uma das categorias mais acessadas, especialmente por suas temáticas variadas e bônus atrativos. Já os jogos de cartas, como o pôquer e o bacará, exigem mais estratégia e atraem aqueles que gostam de desafios mais intensos.

A TT999 também se destaca pelos jogos ao vivo, que proporcionam uma experiência imersiva ao simular um ambiente de jogo real com câmeras em alta definição e interatividade em tempo real. Essa funcionalidade tem sido um diferencial importante para os jogadores brasileiros, que buscam uma atmosfera mais envolvente.

A Experiência do Jogador na TT999 Quem joga na TT999 logo percebe o cuidado da plataforma com a experiência do usuário. Desde o design responsivo até o atendimento ao cliente eficiente e multilíngue, tudo é feito para garantir que o jogador tenha uma jornada fluida e satisfatória.

O suporte está disponível 24 horas por dia, com atendimento via chat ao vivo, e-mail e FAQ detalhado. Os jogadores relatam que as respostas são rápidas e sempre objetivas, o que demonstra o comprometimento da equipe com a comunidade.

Além disso, a TT999 oferece promoções frequentes, bônus de boas-vindas, programas de fidelidade e recompensas personalizadas. Essas iniciativas não só incentivam o engajamento, mas também fazem com que os jogadores se sintam valorizados.

Conclusão A TT999 é uma plataforma completa para quem busca diversão online com qualidade, segurança e variedade. Seu compromisso com a inovação e a experiência do jogador tem conquistado o público brasileiro, tornando-a uma das principais referências em entretenimento digital. Se você ainda não conhece a TT999, esta pode ser a hora perfeita para explorar um novo mundo de possibilidades e jogos envolventes, tudo na palma da sua mão.

@ 7dfc349d:2609110d

At this stage in the game, one does not need another alarming news story, another shocking scientific discovery, or even some psuedo-spiritual online-influencer to tell us about the zillions of environmental hazards and dangers to our health that abound in the world we live in. 

Cancer rates are up, sperm counts are down, depression rates are sky-high, and general morale is seemingly at an all-time low, and if I'm seeing the same sources and interpreting the same data you are from the commonly accepted "mainstream" media sources, than its hard to argue that an alternative option to all of these things that have made us so sick and depressed is not such an unreasonable one. 

The "Norm" has become food laced with chemicals, medical treatments left up to pharmecutical companies, rampant and profound obesity rates, and a crippling nationwide mental health crisis. If that is the case, then we should be looking for some serious answers to these problems by considering what our alternatives really are. 

We still tend to view "healthy", "organic", and "physically fit" types of people as a sort of "fringe" population. If the baseline for the majority of the US means being overweight, overburdened and under-active, then actually feeling healthy, stress free and physically fit means you are swimming against the tide of this country's attitudes towards what "health" is. I do not think I need waste any more of yours or my precious time by citing examples, as you can watch the fight play out in real time today in the "mainstream" news. 

---

So here is where we start looking for solutions, rather than only focusing on the problems, and arguing about things that are right in front of our faces. What we label as "alternative treatments" are often age-old practices that came from one culture or another throughout history. Acupuncture, Massage, Chinese Medicine, Herbalism, and more. All of these have been in practice for thousands of years, but they tend to lack the rigorous scientific data to back them up (though that is rapidly changing), and they also offer fewer opportunities for massive profits by government or private entities. 

Most of these alternative medicines and treatments put their focus on how the body is operating as a whole, and they rarely utilize invasive procedures and almost never prescribe pharmaceuticals, unless considered absolutely necessary. 

What keeps these types of treatments outside the main stream is precisely that; they do not offer many places for third-party intermediaries to come in and profit. Insurers, medical equipment companies, clinic operators, They would all lose out. A direct patient-provider relationship has been commandeered by insurance providers, drug companies, and MASSIVE incentives for profit and personal gains. 

Steps in; Spatial Medicine, and the cohesive future of what we now consider fringe practices about the body. If you can go to one Manual Therapist who is able to help you recover from a variety of issues that would normally have brought you to 5 different specialists and clinics, then who is really losing out, you or them?

When you can get direct access to care from trained and qualified individuals, without needing to ask permission from your health insurer, and without being limited to care options because of it. How does that sound?

When we finally get it in our heads that all of these alternative therapies are more interested in your body working the right way than it appears the mainstream medical conglomerate ever was, than we can stop feeling bad about wanting to actually feel good, and seek the care that fits our needs. There are a litany of trained, licensed, and verifiable practitioners out there who have proven their experience. Sure, this puts a little more onus on you to, but it also ensures you are able to trust and verify your care-providers, instead of having to trust and submit to an unverifiable insurance company or doctor who choses for you. 

As a Manual Therapist who aims to distinguish this work from the generically accepted idea of "massage", I can say that I have watched people who've spent years with traditional doctors get over issues in matter of weeks when they work with me. At the very lowest baseline, no one has ever walked out of my office feeling worse than they did when they got there, but more often life-changing healing and pain relief is the result. Alternative and "direct-care" providers will ensure you get the most value for your hard earned money, because we are also getting the most direct, rewarding and ultimately effective relationship we like to have with our clients. 

So despite what the mainstream says, trust your gut and make the effort to find out what alternative treatments may actually get you where you'd like to be. Look for providers with experience, and listen to all the options. Most of us take pride in our practices, and strive to provide the best possible care to our clients. As soon as middlemen and third-parties get involved, you are compromising the quality of care, and the personal relationship that is essential to getting better. 

If working with ArrowSpine Manual Therapy is something you are curious about, please contact me to set up a phone call or an in-person office visit to learn more!

Sincerly, \ Brian Romanelli, LMT

ArrowSpine Manual Therapy