@ 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.

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@ 2e8970de:63345c7a

https://evidence.nejm.org/doi/full/10.1056/EVIDoa2300311

The solution to peanut allergy? Import Bamba!

https://stacker.news/items/993440

@ 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.

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@ 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.

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

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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

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@ dfa02707:41ca50e3

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• 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

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

@ 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.

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• 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

@ 7f6db517:a4931eda

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"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

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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.

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• 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

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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

@ 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

@ 8bad92c3:ca714aa5

Marty's Bent

It's been a pretty historic week for the United States as it pertains to geopolitical relations in the Middle East. President Trump and many members of his administration, including AI and Crypto Czar David Sacks and Treasury Secretary Scott Bessent, traveled across the Middle East making deals with countries like Qatar, Saudi Arabia, the United Arab Emirates, Syria, and others. Many are speculating that Iran may be included in some behind the scenes deal as well. This trip to the Middle East makes sense considering the fact that China is also vying for favorable relationships with those countries. The Middle East is a power player in the world, and it seems pretty clear that Donald Trump is dead set on ensuring that they choose the United States over China as the world moves towards a more multi-polar reality.

Many are calling the events of this week the Riyadh Accords. There were many deals that were struck in relation to artificial intelligence, defense, energy and direct investments in the United States. A truly prolific power play and demonstration of deal-making ability of Donald Trump, if you ask me. Though I will admit some of the numbers that were thrown out by some of the countries were a bit egregious. We shall see how everything plays out in the coming years. It will be interesting to see how China reacts to this power move by the United States.

While all this was going on, there was something happening back in the United States that many people outside of fringe corners of FinTwit are not talking about, which is the fact that the 10-year and 30-year U.S. Treasury bond yields are back on the rise. Yesterday, they surpassed the levels of mid-April that caused a market panic and are hovering back around levels that have not been seen since right before Donald Trump's inauguration.

I imagine that there isn't as much of an uproar right now because I'm pretty confident the media freakouts we were experiencing in mid-April were driven by the fact that many large hedge funds found themselves off sides of large levered basis trades. I wouldn't be surprised if those funds have decreased their leverage in those trades and bond yields being back to mid-April levels is not affecting those funds as much as they were last month. But the point stands, the 10-year and 30-year yields are significantly elevated with the 30-year approaching 5%. Regardless of the deals that are currently being made in the Middle East, the Treasury has a big problem on its hands. It still has to roll over many trillions worth of debt over over the next few years and doing so at these rates is going to be massively detrimental to fiscal deficits over the next decade. The interest expense on the debt is set to explode in the coming years.

On that note, data from the first quarter of 2025 has been released by the government and despite all the posturing by the Trump administration around DOGE and how tariffs are going to be beneficial for the U.S. economy, deficits are continuing to explode while the interest expense on the debt has definitively surpassed our annual defense budget.

via Charlie Bilello

via Mohamed Al-Erian

To make matters worse, as things are deteriorating on the fiscal side of things, the U.S. consumer is getting crushed by credit. The 90-plus day delinquency rates for credit card and auto loans are screaming higher right now.

via TXMC

One has to wonder how long all this can continue without some sort of liquidity crunch. Even though equities markets have recovered from their post-Liberation Day month long bear market, I would not be surprised if what we're witnessing is a dead cat bounce that can only be continued if the money printers are turned back on. Something's got to give, both on the fiscal side and in the private markets where the Common Man is getting crushed because he's been forced to take on insane amounts of debt to stay afloat after years of elevated levels of inflation. Add on the fact that AI has reached a state of maturity that will enable companies to replace their current meat suit workers with an army of cheap, efficient and fast digital workers and it isn't hard to see that some sort of employment crisis could be on the horizon as well.

Now is not the time to get complacent. While I do believe that the deals that are currently being made in the Middle East are probably in the best interest of the United States as the world, again, moves toward a more multi-polar reality, we are facing problems that one cannot simply wish away. They will need to be confronted. And as we've seen throughout the 21st century, the problems are usually met head-on with a money printer.

I take no pleasure in saying this because it is a bit uncouth to be gleeful to benefit from the strife of others, but it is pretty clear to me that all signs are pointing to bitcoin benefiting massively from everything that is going on. The shift towards a more multi-polar world, the runaway debt situation here in the United States, the increasing deficits, the AI job replacements and the consumer credit crisis that is currently unfolding, All will need to be "solved" by turning on the money printers to levels they've never been pushed to before.

Weird times we're living in.

China's Manufacturing Dominance: Why It Matters for the U.S.

In my recent conversation with Lyn Alden, she highlighted how China has rapidly ascended the manufacturing value chain. As Lyn pointed out, China transformed from making "sneakers and plastic trinkets" to becoming the world's largest auto exporter in just four years. This dramatic shift represents more than economic success—it's a strategic power play. China now dominates solar panel production with greater market control than OPEC has over oil and maintains near-monopoly control of rare earth elements crucial for modern technology.

"China makes like 10 times more steel than the United States does... which is relevant in ship making. It's relevant in all sorts of stuff." - Lyn Alden

Perhaps most concerning, as Lyn emphasized, is China's financial leverage. They hold substantial U.S. assets that could be strategically sold to disrupt U.S. treasury market functioning. This combination of manufacturing dominance, resource control, and financial leverage gives China significant negotiating power in any trade disputes, making our attempts to reshoring manufacturing all the more challenging.

Check out the full podcast here for more on Triffin's dilemma, Bitcoin's role in monetary transition, and the energy requirements for rebuilding America's industrial base.

Headlines of the Day

Financial Times Under Fire Over MicroStrategy Bitcoin Coverage - via X

Trump in Qatar: Historic Boeing Deal Signed - via X

Get our new STACK SATS hat - via tftcmerch.io

Johnson Backs Stock Trading Ban; Passage Chances Slim - via X

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

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Final thought...

Building things of value is satisfying.

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@ 005bc4de:ef11e1a2

LUV and Hivebits/HBIT/Wusang pause tl;dr LUV and HBIT (aka, Hivebits and the Wusang game) are on a pause at the moment, taking a break. https://files.peakd.com/file/peakd-hive/crrdlx/23x1SY8Vx8j1mVGnDFtq7ebuzKNGd8K9Ssex51AEerxks1VYikxGPShM7bjNhmSrEZ2wf.png Image from pixabay.com Why? There are odd things going on. I have a theory, but here's what is known... May 28, 2025, at about 1:30 pm GMT (8:30 AM EDT), a second attack (for lack of better term) hit HBIT in about a week. It seemed to start with @tyler45 with this comment https://peakd.com/blog/@tyler45/comment-20250528125108033 tx: https://he.dtools.dev/tx/7e7d4126196ca5b6dbe0a04dcded0e25d3bcc7f4 See tyler45's activity at https://he.dtools.dev/@tyler45 Notice the reply and WUSANG command is to a post by @olivia897 and how many of the other WUSANG comments on the explorer are in reply to olivia897. It seems these are all auto-generated accounts. The names and "birthdates" and interactions all point to automation. Once initiated, things happened very fast on the back end, clearly not being done manually. In this way, this seems rather sophisticated technically. I estimate just over 400 HBIT were pilfered the other day from the @Hivebits account before I noticed and was able to shut things down. Just for a little background, after the first attack May 21, 2025. I wrote a small bit of info: https://peakd.com/hivebits/@crrdlx/hbit-resource-credits A couple of days ago this post by @holoz0r was interesting: https://peakd.com/hive-133987/@holoz0r/text-analytics-reveal-thirty-two-percent-of-comments-on-hive-are-not-unique-and-at-least-ten-percent-add-no-value-to-discussion The thing that caught my eye was that the WUSANG comment was the largest by far, along with BBH (hello @bradleyarrow), because the attackers used both commands. Then, a few days later, things happened again: sudden start, repetitive bot attack, until I shut things down. So, a pause This is a period in my personal calendar where I simply don't have time to sit down at a computer for an extended period and try fiddle with this stuff. So, for now @Luvshares and @Hivebits (HBIT) and the @Wusang game are on hold. Plus, there's other fun stuff to do. https://files.peakd.com/file/peakd-hive/crrdlx/AJL43SREA1EuyqPXhydmqaq1RHhRVoYd12PfiBN5vDMu2WSKUtGeYWgKJyuRwV8.jpg I go by @crrdlx or "CR" for short. See all my links or contact info at https://linktr.ee/crrdlx.

Originally posted on Hive at https://peakd.com/@crrdlx/luv-and-hivebitshbitwusang-pause

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@ 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.

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• Coinswap is a decentralized protocol for private, trustless cryptocurrency swaps. It allows participants to securely swap digital assets without intermediaries, using advanced cryptographic techniques and atomic swaps to ensure privacy and security.
• This release introduces major improvements to the protocol's efficiency, security, and usability, including custom in-memory UTXO indexes, more advanced coin-selection algorithms, fidelity bond management and more.
• The update also improves user experience with full Mac support, faster Tor connections, enhanced UI/UX, a unified API, and improved protocol documentation.

"The Project is under active beta development and open for contributions and beta testing. The Coinswap market place is live in testnet4. Bug fixes and feature requests are very much welcome."

• Manuals and demo docs are available here.

What's new

• Core protocol and performance improvements:
  • Custom in-memory UTXO indexes. Frequent Core RPC calls, which caused significant delays, have been eliminated by implementing custom in-memory UTXO indexes. These indexes are also saved to disk, leading to faster wallet synchronization.
  • Coin selection. Advanced coin-selection algorithms, like those in Bitcoin Core, have been incorporated, enhancing the efficiency of creating different types of transactions.
  • Fidelity management. Maker servers now automate tasks such as checking bond expiries, redemption, and recreation for Fidelity Bonds, reducing the user's management responsibilities.
  • Taker liveness. The WaitingFundingConfirmation message has been added to keep swap connections between Takers and Makers, assisting with variable block confirmation delays.

• User experience and compatibility:

  • Mac compatibility. The crate and apps now fully support Mac.
  • Tor operations are streamlined for faster, more resilient connections. Tor addresses are now consistently linked to the wallet seed, maintaining the same onion address through system reboots.
  • The UI/UX improvements enhance the display of balances, UTXOs, offer data, fidelity bonds, and system logs. These updates make the apps more enjoyable and provide clearer coin swap logs during the swap process.

• API design improvements. Transaction creation routines have been streamlined to use a single common API, which reduces technical debt and eliminates redundant code.

• Protocol spec documentation now details how Coinswap breaks the transaction graph and improves privacy through routed swaps and amount splitting, and includes diagrams for clarity.

Source: Coinswap Protocol specification.

Announcement
GitHub Repo
Protocol Spec

@ b1ddb4d7:471244e7

Bitcoin FilmFest (BFF25) returns to Warsaw for its third edition, blending independent cinema—from feature films and commercials to AI-driven experimental visuals—with education and entertainment.

Hundreds of attendees from around the world will gather for three days of screenings, discussions, workshops, and networking at the iconic Kinoteka Cinema (PKiN), the same venue that hosted the festival’s first two editions in March 2023 and April 2024.

This year’s festival, themed “Beyond the Frame,” introduces new dimensions to its program, including an extra day on May 22 to celebrate Bitcoin Pizza Day, the first real-world bitcoin transaction, with what promises to be one of Europe’s largest commemorations of this milestone.

BFF25 bridges independent film, culture, and technology, with a bold focus on decentralized storytelling and creative expression. As a community-driven cultural experience with a slightly rebellious spirit, Bitcoin FilmFest goes beyond movies, yet cinema remains at its heart.

Here’s a sneak peek at the lineup, specially curated for movie buffs:

Generative Cinema –  A special slot with exclusive shorts and a thematic debate on the intersection of AI and filmmaking. Featured titles include, for example: BREAK FREE, SATOSHI: THE CREATION OF BITCOIN, STRANGE CURRENCIES, and BITCOIN IS THE MYCELIUM OF MONEY,  exploring financial independence, traps of the fiat system, and a better future built on sound money.

Upcoming Productions Preview – A bit over an hour-long block of unreleased pilots and works-in-progress. Attendees will get exclusive first looks at projects like FINDING HOME (a travel-meets-personal-journey series), PARALLEL SPACES (a story about alternative communities), and THE LEGEND OF LANDI (a mysterious narrative).

Freedom-Focused Ads & Campaigns – Unique screenings of video commercials, animations, and visual projects, culminating in “The PoWies” (Proof of Work-ies)—the first ever awards show honoring the best Bitcoin-only awareness campaigns.

To get an idea of what might come up at the event, here, you can preview 6 selected ads combined into two 2 videos:

• Unique Bitcoin-Video Ads: Part One
• Unique Bitcoin-Video Ads: Part Two

Open Pitch Competition – A chance for filmmakers to present fresh ideas and unfinished projects to an audience of a dedicated jury, movie fans and potential collaborators. This competitive block isn’t just entertaining—it’s a real opportunity for creators to secure funding and partnerships.

Golden Rabbit Awards: A lively gala honoring films from the festival’s Official Selection, with awards in categories like Best Feature, Best Story, Best Short, and Audience Choice.

BFF25 Main Screenings

Sample titles from BFF25’s Official Selection:

REVOLUCIÓN BITCOIN – A documentary by Juan Pablo, making its first screening outside the Spanish-speaking world in Warsaw this May. Three years of important work, 80 powerful minutes to experience. The film explores Bitcoin’s impact across Argentina, Colombia, Mexico, El Salvador, and Spain through around 40 diverse perspectives. Screening in Spanish with English subtitles, followed by a Q&A with the director.

UNBANKABLE – Luke Willms’ directorial debut, drawing from his multicultural roots and his father’s pioneering HIV/AIDS research. An investigative documentary based on Luke’s journeys through seven African countries, diving into financial experiments and innovations—from mobile money and digital lending to Bitcoin—raising smart questions and offering potential lessons for the West. Its May appearance at BFF25 marks its largest European event to date, following festival screenings and nominations across multiple continents over the past year.

HOTEL BITCOIN – A Spanish comedy directed by Manuel Sanabria and Carlos “Pocho” Villaverde. Four friends, 4,000 bitcoins , and one laptop spark a chaotic adventure of parties, love, crime, and a dash of madness. Exploring sound money, value, and relationships through a twisting plot. The film premiered at the Tarazona and Moncayo Comedy Film Festival in August 2024. Its Warsaw screening at BFF25 (in Spanish with English subtitles) marks its first public showing outside the Spanish-speaking world.

Check out trailers for this year’s BFF25 and past editions on YouTube.

Tickets & Info:

• Detailed program and tickets are available at bitcoinfilmfest.com/bff25.
• Stay updated via the festival’s official channels (links provided on the website).
• Use ‘LN-NEWS’ to get 10% of tickets

@ 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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• Wasabi Wallet v2.6.0 "Prometheus" is a major update for the project, focused on resilience and independence from centralized systems.
• Key features include support for BIP 158 block filters for direct node synchronization, a revamped full node integration for easier setup without third-party reliance, SLIP 39 share backups for flexible wallet recovery (sponsored by Trezor), and a Nostr-based update manager for censorship-resistant updates.
• Additional improvements include UI bug fixes, a new fallback for transaction broadcasting, updated code signing, stricter JSON serialization, and options to avoid third-party rate providers, alongside various under-the-hood enhancements.

This new version brings us closer to our ultimate goal: ensuring Wasabi is future-proof," said the developers, while also highlighting the following key areas of focus for the project:

• Ensuring users can always fully and securely use their client.
• Making contribution and forks easy through a codebase of the highest quality possible: understandable, maintainable, and improvable.

"As we achieve our survival goals, expect more cutting-edge improvements in Bitcoin privacy and self-custody. Thank you for the trust you place in us by using Wasabi," was stated in the release notes.

What's new

• Support for Standard BIP 158 Block Filters. Wasabi now syncs using BIP 158 filters without a backend/indexer, connecting directly to a user's node. This boosts sync speed, resilience, and allows full sovereignty without specific server dependency.
• Full Node Integration Rework. The old integration has been replaced with a simpler, more adaptable system. It’s not tied to a specific Bitcoin node fork, doesn’t need the node on the same machine as Wasabi, and requires no changes to the node’s setup.
  • "Simply enable the RPC server on your node and point Wasabi to it," said the developers. This ensures all Bitcoin network activities—like retrieving blocks, fee estimations, block filters, and transaction broadcasting—go through your own node, avoiding reliance on third parties.
• Create & Recover SLIP 39 Shares. Users now create and recover wallets with multiple share backups using SLIP 39 standard.

"Special thanks to Trezor (SatoshiLabs) for sponsoring this amazing feature."

• Nostr Update Manager. This version implements a pioneering system with the Nostr protocol for update information and downloads, replacing reliance on GitHub. This enhances the project's resilience, ensuring updates even if GitHub is unavailable, while still verifying updates with the project's secure certificate.
• Updated Avalonia to v11.2.7, fixes for UI bugs (including restoring Minimize on macOS Sequoia).
• Added a configurable third-party fallback for broadcasting transactions if other methods fail.
• Replaced Windows Code Signing Certificate with Azure Trusted Signing.
• Many bug fixes, improved codebase, and enhanced CI pipeline.
• Added the option to avoid using any third-party Exchange Rate and Fee Rate providers (Wasabi can work without them).
• Rebuilt all JSON Serialization mechanisms avoiding default .NET converters. Serialization is now stricter.

Full Changelog: v2.5.1...v2.6.0

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Money can be complicated. You work hard, save diligently, and try to make smart choices. But when it comes to long-term financial security, is that enough? That’s where wealth management services come in. They help you plan, invest, and secure your financial future. But are they the right fit for you?

Let’s find out.

What Is Wealth Management?

Wealth management isn’t just about investing. It’s about creating a strategy that covers all aspects of your financial life—retirement, taxes, healthcare, and even the legacy you want to leave behind.

At Passive Capital Management, wealth management is designed to help you navigate life’s financial twists and turns with confidence. Whether you’re planning for retirement, growing your assets, or protecting what you’ve built, a structured approach can make all the difference.

Do You Need Wealth Management?

Not everyone needs a wealth manager. But if you answer “yes” to any of these questions, it might be time to consider it:

• Do you worry about outliving your retirement savings?
• Are you unsure how to structure your investments for long-term security?
• Do you want a plan that adapts as your life changes?
• Are tax implications of your income and investments confusing?
• Do you want to leave behind a financial legacy for your family?

If any of these concerns sound familiar, a wealth management service could help you create a roadmap for financial success.

The Key Benefits of Wealth Management

1. Retirement Planning: More Than Just Saving

Retirement isn’t just about putting money aside. It’s about ensuring you can live comfortably once your regular income stops. Passive Capital Management helps clients create a sustainable retirement strategy, ensuring they have enough to cover daily expenses, healthcare, and even the fun things—like travel or hobbies.

By assessing income sources like pensions, social security, and investments, they build a tailored plan that matches your lifestyle and long-term goals.

2. Investment Strategies: Making Your Money Work for You

Investing can feel overwhelming. Stocks, bonds, real estate—where do you even begin? Wealth management helps you make informed choices based on your risk tolerance, time horizon, and financial objectives.

Rather than chasing trends, a well-planned investment strategy focuses on steady, long-term growth while minimizing unnecessary risks.

3. Tax Planning: Keeping More of What You Earn

No one likes to pay more taxes than necessary. But without a strategy, you might be doing just that.

Wealth managers help structure your income, retirement withdrawals, and investments in a tax-efficient way. Whether it's maximizing tax-free accounts or minimizing liabilities, they ensure you keep more of what you’ve earned.

4. Healthcare and Long-Term Care Planning

As you age, healthcare becomes a bigger concern—and a bigger expense. Without proper planning, medical costs can quickly eat into your savings.

A solid financial plan includes strategies to manage these costs, whether through insurance, savings, or investment strategies. This way, you get the care you need without financial stress.

5. Estate and Legacy Planning

Do you want to leave something behind for your loved ones? Wealth management ensures your assets are distributed according to your wishes, minimizing tax burdens and avoiding unnecessary legal complications.

Whether you’re thinking about passing on wealth to family or contributing to a cause you care about, having a plan in place ensures your money makes the impact you want.

When Should You Start?

The best time to start planning? Yesterday. The second-best time? Today.

Wealth management isn’t just for retirees or the ultra-rich. It’s for anyone who wants financial security and a clear plan for the future. Whether you’re in your 30s and just starting to build wealth or in your 50s preparing for retirement, having expert guidance can help you make smarter financial decisions.

Final Thoughts: Is It Right for You?

If you want peace of mind about your financial future, wealth management might be a great fit. It helps you grow your money, protect your assets, and ensure a comfortable life—now and in the years to come.

At Passive Capital Management, the goal is simple: to help you achieve financial freedom with confidence. If that sounds like something you want, it might be time to explore how wealth management can work for you.

Ready to take the next step? Let’s talk.

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MAKIMONO

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• 新規記事作成と、既存記事の修正ができる

やることやったこと

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"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

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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.

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

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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.

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

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

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

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In einem Artikel in der NZZ vom 27. Mai mit dem Titel "Trump nennt Putin verrückt" wird über den laut Kiew grössten russischen Drohnenangriff seit Beginn des Krieges auf ukrainische Städte berichtet. Dabei sollen am vergangenen Wochenende 355 Drohnen und 69 Raketen auf Kiew, Odessa, Ternipol (Westukraine) und andere Städte gesteuert bzw. abgefeuert worden sein. 288 Drohnen und 9 Raketen konnten laut Kiew von der ukrainischen Luftverteidigung abgeschossen werden. Was der Artikel verschweigt: bereits in der Woche davor, am 20. - 22. Mai hatte die Ukraine 485 Drohnen gegen russische Städte wie Kursk, Belgorod oder Brijansk geflogen, 63 davon erreichten die Region Moskau. Auch am Wochenende schickten die Ukrainer 205 Drohnen gegen russische Städte, 13 davon erreichten Moskau. Auch hier konnte die Luftverteidigung die meisten Drohnen unschädlich machen, eine davon hatte gar den Helikopter von Präsident Putin (!) im Visier. Als Reaktion darauf erklärte Präsident Putin, dass in der ukrainischen Region Sumy bzw. Tschernihiw im Norden eine Sicherheitszoneeingerichtet werden soll da die meisten Drohnen von hier aus gestartet wurden. Auch am 27./28. Mai schickte die Ukraine wieder 296 Drohnen Richtung Moskau, offenbar soll die russische Luftverteidigung damit überlastet werden um später westliche Cruise Missiles wie "Storm shadows", "Skalp" oder die umstrittenen deutschen "Taurus" effektiver einsetzen zu können. Der neue Bundeskanzler Friedrich Merz hat dafür rund 5 Milliarden Euro in Aussicht gestellt um solche Waffensysteme in der Ukraine selber zusammenbauen zu können. 

Diese Gewaltspirale hat eine lange Geschichte: diese begann 2007 mit der 43. Münchner Sicherheitskonferenz, in der Präsident Putin sich gegen die unilaterale Weltordnung der USA und ihrer Verbündeten aussprach. Auch erteilte er den NATO-Osterweiterungen seit 1991 eine deutliche Absage, da diese entgegen (mündlich) gemachten Zusicherungen vollzogen wurden (siehe im Anhang die Rede im Wortlaut). Bei anderer Gelegenheit bezeichnete er vor allem einen möglichen NATO-Beitritt der (ehemals russischen) Ukraine als die "rote Linie", da es hier im Osten eine gemeinsame Grenze zu Russland über weit mehr als tausend Kilometer gebe und zudem Millionen von russischstämmigen Bürgern in der Ukraine lebten welche durch die Unabhängigkeit des Landes von ihrem Mutterland getrennt seinen. Im mittlerweile umstrittenen Budapester Memorandum von 5.12.1994 hatten zudem die Signatarmächte USA, GB und die Russische Föderation in getrennten Dokumenten die Unabhängigkeit und territoriale Integrität der Ukraine garantiert, wenn diese ein neutraler Pufferstaat zwischen der NATO und der Russischen Föderation sei und auf ihre Atomwaffen aus der sowjetischen Zeit verzichte (die Neutralität war in der ukrainischen Verfassung verankert). Trotzdem erklärten am darauffolgenden NATO-Gipfel in Bukarest im April 2008 die versammelten Staats- und Regierungschefs der 26 NATO-Staaten: "Die NATO begrüßt die euro-atlantischen Bestrebungen der Ukraine und Georgiens, die dem Bündnis beitreten wollen. Wir kamen heute überein, dass diese Länder NATO-Mitglieder werden." Zudem wurde die Unabhängigkeitserklärung des Kosowo vorbehaltlos anerkannt, dies nach einer völkerrechtswidrigen militärischen Intervention (d.h. ohne eine entsprechende UN-Resolution) der NATO gegen die Republik Serbien im Jahr 1999 (Staatsgrenzen dürfen also unter Umständen verändert werden).

Die Gewalt begann schon wenige Monate danach, als der durch die "Rosenrevolution" 2003 mit Unterstützung der USA in Tiflis an die Macht gekommene Exil-Georgier, Michail Saakaschwili, in der Nacht auf den 8.8.2008 einen militärischen Angriff auf die seit 1992/93 abtrünnigen Südosseten bzw. deren Hauptstadt Zchinwali befahl und dabei auch russische Friedenstruppen (als Schutzmacht der Osseten) unter Beschuss gerieten. Dies nachdem die Regierung Bush jr. die georgische Armee durch NATO-Offiziere ausgebildet und aufgerüstet hatte. Laut einem NZZ-Artikel vom 1.10.2009 kam eine von der EU eingesetzte Untersuchungskommission unter der Schweizer Diplomatin Heidi Tagliavini 2009 zum Schluss, dass zuvor von beiden Seiten Provokationen in Form von Terroranschlägen, Entführungen und Morde begangen worden waren. Zudem hatte Russland jahrelang an willige Osseten und Abchasen russische Pässe ausgegeben, was völkerrechtswidrig sei, da dies die Staatlichkeit Georgiens untergrabe (Abchasien ist eine weitere abtrünnige Region Georgiens am schwarzen Meer). Saakaschwili wollte offenkundig mit dem überraschenden Angriff auf die Osseten die volle Kontrolle der Zentralregierung über das Gebiet wieder erlangen, da die Satzungen der NATO nur die Aufnahme von Ländern erlauben in denen keine ungelösten territorialen Konflikte vorhanden sind. Den Abchasen hätte also das gleiche Schicksal gedroht wenn die Aktion erfolgreich gewesen wäre. Da die Russen aber aufgepasst hatten, lief innert 24 Stunden eine russische Gegenoffensive welche die georgischen Verbände und ihre amerikanischen Berater innert wenigen Tagen bis nach Gori (Geburtsort von Stalin) zurückwarf. Präsident Saakaschwili verlor bald darauf in Tiflis die Macht und setzte sich in die Ukraine ab. Die heutige georgische Regierung unterhält wieder politische und wirtschaftliche Beziehungen zu Russland und verzichtet auf einen NATO-Beitritt. Siehe dazu das Interview von Roger Köppel mit dem aktuellen georgischen Regierungschef Kobachidse (auf englisch mit deutschen Untertiteln):

https://www.youtube.com/watch?v=xWh6bAfLdhw

In der Ukraine begann die Gewalt mit dem rechtswidrigen Sturz des 2010 legal gewählten Präsidenten Wiktor Janukowitsch, der zwischen der EU und Russland hin und her gerissen war und daher die Unterzeichnung eines EU-Assoziierungsabkommens auf unbestimmte Zeit vertagte. Nach den folgenden wochenlangen Protesten und Krawallen auf dem Maidan in Kiew ("Euromaidan") unterschrieb er unter Vermittlung Deutschlands, Frankreichs und Polens am 21.2.2014 einen Vertrag mit der Opposition und versprach baldige Neuwahlen. Trotzdem wurde er am Tag darauf durch einen regelrechten Putsch gestürzt und in die Flucht getrieben, indem unbekannte Heckenschützen aus verschiedenen Positionen zuerst auf die "Berkut"-Polizei und anschliessend auf militante Demonstranten schossen, welche die "Institutskaja" hinauf das durch eine Strassensperre der Polizei geschützte Regierungsviertel stürmen wollten.

Dabei kamen insgesamt 104 Menschen ums Leben, darunter 34 Polizisten und Vertreter der Regierung. Nach dem Putsch wurde der zuvor völlig unbekannte Exil-Ukrainer Arsenij Jazenjuk Chef der neuen Übergangsregierung, von dem die Europagesandte des US-Statedepartements, Victoria Nuland, bereits einige Tage davor in einem abgehörten Telefongespräch mit dem amerikanischen Botschafter in Kiew, Geoffrey Pyatt, gesprochen hatte ("Jaz is our man"). Die mit rund 600 Mann unter Führung von Andrij Parubi während Wochen auf dem Maidan präsenten militanten und teilweise bewaffneten Kräfte des "Prawi sektor" ("Rechter Sektor") und der "Swoboda" ("Freiheit") weigerten sich zuerst, der neuen Regierung ihre Waffen auszuhändigen. Mitglieder der "Swoboda" unter Oleh Tjahibok besetzten aber anfangs im Kabinett das Aussen-, Innen-, Verteidigungs- sowie das Ministerium für Kultur und "strategische" Kommunikation (Propaganda), während die Mitglieder des "Prawi sektor" unter Dmitro Jarosch eine Zusammenarbeit mit der neuen Regierung verweigerten. Als eine der ersten Amtshandlungen nach dem Putsch wurde in der ganzen Ukraine die russische Sprache als offizielle Amtssprache und als Unterrichtssprache in den Schulen verboten (auch in den mehrheitlich von russischstämmigen Menschen bewohnten Regionen im Osten und Süden des Landes).

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DIE FRIEDENSTAUBE FLIEGT AUCH IN IHR POSTFACH!

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

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Als erste Reaktion auf den rechtswidrigen Umsturz wurde in Simferopol auf der Krim das lokale Parlament von prorussischen Aktivisten besetzt und russische Soldaten verliessen illegal den Flottenstützpunkt in Sewastopol und besetzten strategische Positionen auf der ganzen Krim bzw. blockierten die ukrainischen Kasernen. Unter dem Schutz dieser "grünen Männchen" konnte dann am 16.3.2014 ein Referendum über den zukünftigen Status der Krim durchgeführt werden. Rund 70% der Bevölkerung stimmten für eine Wiedervereinigung mit Russland, was ungefähr dem Anteil der ethnischen Russen auf der Krim entspricht. Der Kommandant der ukrainischen Flotte in Sewastopol lief mit dem Grossteil der Matrosen zu den Russen über, so dass fast die gesamte Flotte im Kriegshafen verblieb (die Schwarzmeerflotte war anfang der 90er Jahre zwischen Russland und der Ukraine aufgeteilt worden). Die restlichen Matrosen und Soldaten durften später in die Ukraine heimkehren. Angesichts der klaren Machtverhältnisse auf der Krim verzichteten die ukrainischen Ultra-Nationalisten auf die angedrohte Entsendung von "Zügen der Freundschaft" (mit bewaffneten Schlägern) nach Simferopol.

Auch in den Städten Lugansk, Donezk und Mariupol in der Ostukraine besetzten prorussische Aktivisten analog den Vorgängen einige Monate zuvor in der Westukraine Regierungs- und Verwaltungsgebäude und hissten russische Fahnen auf vielen Gebäuden. Auch hier gab es am 11. bzw. 12.5.2014 Referenden über die zukünftige Zugehörigkeit dieser Gebiete, doch konnten dabei nur ungefähr die Hälfte der Bevölkerungen überhaupt darüber abstimmen, weil die Separatisten nicht die volle Kontrolle über die jeweiligen Bezirke hatten. Auch in anderen ukrainischen Städten wie Odessa und Charkow gab es prorussische Demonstrationen, doch wurden diese von den ukrainischen Behörden unterdrückt. In Odessa kam es am 2.5.2014 zu einem Massaker, als prorussische Aktivisten von mit Zügen aus Kiew angereisten Rechtsradikalen und Hooligans in ein Gewerkschaftshaus abgedrängt wurden welches dann kurzerhand abgefackelt und mit Handfeuerwaffen beschossen wurde. Rund 50 Menschen verloren dabei ihr Leben während die ukrainische Polizei untätig herumstand.

Die am 12.4.2014 von der neuen Regierung in Kiew verkündete "Antiterror-Operation" gegen die Separatisten im Osten wurde anfangs nur zaghaft umgesetzt, da viele russischstämmige Soldaten auch hier mit den Aufständischen sympathisierten und teilweise mitsamt dem Material überliefen. Erst nachdem sich der "Spreu vom Weizen" getrennt hatte und nach der Bildung von Freiwilligenverbänden wie "Donbas","Asow" oder "Aidar" - welche in der ukrainischen Nationalgarde (dem Innen- und nicht dem Verteidigungsministerium unterstellt) zusammengefasst wurden - gewann die ukrainische Offensive an Kraft, so dass bereits im Mai/Juni 2014 die Hafenstadt Mariupol vom Asow'schen Bataillon (später ein Regiment bzw. neu die 12. Brigade für spezielle Aufgaben) und einer Marinebrigade zurückerobert und bis zur vollständigen Kapitulation im berühmten Stahlwerk "Asowstal" nach der russischen Intervention vom 24.2.2022 besetzt werden konnte. Bei den heftigen Kämpfen im Frühjahr 2022 mussten die Zivilisten wochenlang im Keller ausharren, da die Stadtverwaltung die rechtzeitige Evakuierung der Zivilbevölkerung versäumt hatte). Nach den Kesselschlachten von Ilowaisk im Juli/Aug. 2014 bzw. von Debaltsewoim Jan./Feb. 2015, bei denen weit über tausend ukrainische Soldaten und hunderte von Kämpfern der neu aufgestellten Donezker- und Lugansker Volksmilizen sowie vermutlich rund 100 russische Soldaten ihr Leben verloren (laut Kiew beteiligten sich mehrere russische Bataillone an den Kämpfen), wurde am 12.2.2015 das Minsker Abkommen (Minsk II) unter Vermittlung von Weissrussland, Deutschland und Frankreich unterzeichnet. Vertragspartner als Unterzeichnende waren: der frühere Präsident der Ukraine Leonid Kutschma, der Botschafter der Russischen Föderation in der Ukraine Michail Surabow, die Milizenführer der selbstproklamierten Volksrepubliken Igor Plotnizki und Alexander Sachartschenko sowie die OSZE-Beauftragte Heidi Tagliavini. Der Waffenstillstand und die vertrauensbildenden Massnahmen (wie z.B. der Rückzug der schweren Waffen von der Frontlinie) wurden dabei von beiden Seiten wiederholt verletzt. Am 18.2.2017 unterzeichnete der russische Präsident Wladimir Putin ein Dekret, nach dem Pässe und andere Papiere der Volksrepubliken Donezk und Lugansk von Russland offiziell als gültig anerkannt wurden, was wiederum die Staatlichkeit der Ukraine untergrub und daher dem Minsker Abkommen widersprach, wonach die abtrünnigen Gebiete weiterhin zur Ukraine gehörten. Insgesamt verloren in dem jahrelangen Konflikt bis 2022 rund 14'000 Menschen ihr Leben, darunter ca. 3'500 Zivilisten inkl. 200 Kinder, besonders in der Stadt Donezk und Umgebung welche von der ukrainischen Armee immer wieder mit Artillerie (Granaten und Raketen) oder durch Scharfschützen beschossen wurde.

Nachdem eine von NATO-Offizieren jahrelang gut ausgebildete und mit modernen Waffen aufgerüstete ukrainische Elitearmee von rund 130'000 Mann ab Sommer 2021 vor dem Donbas aufmarschiert war um den Konflikt offenkundig gewaltsam zu lösen und seit Anfang 2022 auch der ukrainische Beschuss von Donezk und dessen Umland wieder verstärkt wurde, unterzeichnete Präsident Putin am 21.2.2022 ein Freundschafts- und Beistandsabkommen mit den ostukrainischen Volksrepubliken und anerkannte ausdrücklich deren Unabhängigkeitvon Kiew. Das Minsker Abkommen habe keine Zukunft mehr. Am 24.2.2022 intervenierte die russische Armee mit anfangs "nur" rund 190'000 Mann in der Ukraine da die rund 40'000 Mann der Donezker- und Lugansker Volksmilizen einem Angriff der ukrainischen Elitearmee nicht mehr hätten standhalten können. Zuvor hatte die Russische Föderation im Dez. 2021 den USA noch einmal Verhandlungen über den Abschluss eines gesamteuropäischen Sicherheitsabkommen unter Berücksichtigung des Konflikts in der Ukraine vorgeschlagen, was aber von der Regierung Biden abgelehnt wurde. Bei Beginn der "speziellen Militäroperation" erklärte Joe Biden öffentlich, das politische Ziel sei der Sturz des Regimes in Moskau.

Mit dem Beginn der russischen Sommeroffensive an allen Frontabschnitten dürften die ukrainischen Kräfte endgültig überdehnt werden. Da der Oberbefehlshaber der Ukraine, Alexander Syrskij, aus der Region Sumy und Charkow verschiedene Verbände wie die 36. Marinebrigade, die 43. Artilleriebrigade, die 44. mechanisierte Brigade, die 82. Air Assault Brigade sowie die berüchtigte 12. Brigade "Asow" nach Südosten verlegen musste, um die Lage um den wichtigen Logistikpunkt Pokrowsk bzw. die Stadt Konstantinowka zu stabilisieren, dürften die Russen auch bei der oben erwähnten Einrichtung einer Sicherheitszone im Norden rasche Fortschritte machen. Rund 50'000 russische Soldaten werden dort eingesetzt um die zukünftige Bedrohung durch ukrainische Drohnen zu minimieren.

Zusammenfassend kann gesagt werden, dass in dem jahrelangen Konflikt alle Seiten das Völkerrecht missachtetoder zum eigenen Vorteil interpretiert haben. Angefangen damit hat aber klar der Westen (NATO und EU), der mit der finanziellen und politischen Unterstützung des rechtswidrigen Putsches in Kiew 2014 die Gewaltspirale in der Ukraine in Gang setzte und mit den anhaltenden Waffenlieferungen und Geheimdienstinformationen für den Tod von weit mehr als einer Million Soldaten auf beiden Seiten und unzähligen Zivilisten entscheidend mitverantwortlichist. Zudem wurde zumindest im Falle der Ukraine mit der NATO-Erklärung von 2008 zu deren Aufnahme als Beitrittskandidat der Geist des Budapester Memorandums von 1994 verletzt. In einem erstaunlich offenen, zweiseitigen Interview in der NZZ vom 6. Mai hat der amerikanische Politikwissenschaftler Prof. John Mearsheimervon der Universität Chicago erklärt, er hätte anstelle von Präsident Putin "die Ukraine schon viel früher überfallen". Und: "Der Westen ist der Bösewicht. Aber das wollen die USA und die Europäer natürlich nicht hören". Er glaube, dass dieser Krieg auf dem Schlachtfeld entschieden werde und dass wir am Ende einen eingefrorenen Konflikt haben werden (ähnlich wie in Georgien).

Über das Problem des ukrainischen Faschismus und Ultra-Nationalismus, der letztlich die multiethnische Ukraine in ihren Grenzen von 1991 zerstört hat, äusserte er sich nicht. Stattdessen hat die EU gerade die ersten 150 Milliarden Euro zum Aufbau einer eigenen Rüstungsindustrie beschlossen. Der neue Vorsteher des Schweizer Verteidigungsdepartementes, Bundesrat Martin Pfister, hat in einem NZZ-Artikel vom 27. Mai erklärt, die Kooperation mit der EU und der NATO müsse intensiviert werden, "stets in Vereinbarkeit mit der Neutralität". In der gleichen NZZ-Ausgabe wurde auch berichtet, dass die Schweiz den Spitzendiplomaten Gabriel Lüchinger nach Moskau schicke um für Friedensgespräche in der Schweiz zu sondieren (Bürgenstock II).

Ob der während Jahren provozierte und stigmatisierte "russische Bär" darauf noch eingeht?

(Der Beitrag folgt der Schweizer Rechtschreibung)

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@ eb0157af:77ab6c55

Block’s hardware wallet sparks debate between security and borderline compromises.

The debate ignited after Jack Dorsey publicly supported the superiority of “seedless” wallets over traditional solutions on X.

seedless is safer https://t.co/MvjmFcQE8k

— jack (@jack) May 27, 2025

The Twitter co-founder and Block CEO sustained this by promoting Bitkey, a company that completely eliminates seed phrases, aiming to simplify the user experience and improve security through different recovery options.

The Bitkey model

Bitkey represents a different solution compared to the traditional approach to bitcoin custody. Instead of relying on a single seed phrase, the system implements a 2-of-3 multisig scheme that distributes security across three distinct keys:

• Hardware key: protected by biometric fingerprint on the physical device;
• Mobile key: stored in the smartphone app;
• Server key: managed by Block’s servers.

Any transaction requires two of the three signatures, eliminating the single point of failure represented by traditional seed phrases, the company claims. In its official documents, Bitkey explains how this approach, according to the company, offers three different recovery paths: phone loss, hardware loss, or loss of both through “Trusted Contacts,” pre-set trusted people who can help the user regain wallet access without being able to see the balance or control the private keys.

The seed phrase criticism

For the Bitkey team, the seed phrase paradoxically represents the weakest link in the Bitcoin security chain. While private keys are “exceptionally secure” within the hardware – “designed for security, isolated from networks, physically reinforced” – the seed phrase is “plain text, readable, physically vulnerable,” the company states.

Bitkey developers argue that the industry has “offloaded the most complex part of the security model onto individuals least equipped to handle it.”

System limits and dependencies

However, Bitkey’s simplicity comes at a price. The system introduces a dependency on Block for optimal multisig functionality. Although users always maintain the ability to move funds using the two keys in their possession, recovery procedures and many advanced features require collaboration from the company’s servers.

This architecture presents limitations in terms of flexibility: users cannot use Bitkey with other mobile applications, cannot import the wallet into alternative solutions, and do not have direct access to seed phrases for traditional backup operations.

One of the most frequent criticisms concerns the absence of a screen on the hardware device. Unlike traditional hardware wallets that allow direct verification of destination addresses and transaction amounts on the device display, Bitkey forces users to rely exclusively on the mobile app for these details. This design choice introduces what critics define as a “blind signing risk”: if the mobile app were compromised by malware, users could unknowingly authorize altered transactions without the possibility of independent verification.

Community criticism

Dorsey’s post sparked contrasting reactions in the community. The most orthodox bitcoiners mainly contest two aspects:

• third-party dependency: despite Bitkey maintaining the “self-custody” label, the need to rely on Block’s servers for many operations contradicts the autonomy principles that many bitcoiners consider fundamental;
• loss of technical control: the inability to directly manage the seed phrase or use the device in customized multisig configurations limits the user’s technical sovereignty.

Some users have criticized Block’s hardware wallet. User bamskki highlighted how “the lack of a screen forces users to rely on the app for transaction details. Unlike traditional hardware wallets with screens, Bitkey users cannot verify transactions independently. Users must trust the app as the source of truth.”

Even more critical was user nakadai_mon, who ironized about Dorsey’s strategy writing: “It would be a shame if I influenced you to abandon the seed and locked you into my ecosystem so I can surveil you, sell and share your personal data with government authorities and deny you service.”

Dorsey responded directly to both criticisms. To bamskki he replied:

it's a start, not our end. we will iterate the product like everything else.

— jack (@jack) May 28, 2025

More articulated was his response to nakadai_mon:

we are working on much of the privacy aspects (launching soon). and you don't have to use our 3rd key. that's where some of the restrictions come in. working to figure out how to allow folks to create their own trusted 3rd party as well. but all of this is designed to get people…

— jack (@jack) May 28, 2025

However, privacy concerns are not unfounded. Bitkey’s own documentation clarifies that “because we maintain this key, we are able to identify transaction data on the blockchain related to your Bitkey” and that “this information is collected when you transfer bitcoin to or from your Bitkey.”

Additionally, Block declares using automated decision-making systems, without direct staff involvement, to manage some activities that have legal effects on users. Among these, the application of sanctions restrictions: the system is programmed to automatically prevent the purchase and use of Bitkey by people or countries subject to international sanctions. Finally, the privacy policy specifies that users’ personal data can be shared with law enforcement, government agencies, officials, or authorized third parties in the presence of a warrant, court order, or other legal obligation. Block reserves the right to disclose this information whenever it deems necessary to comply with regulations, legal proceedings, or government requests.

Hardware security and compromises

From a hardware security perspective, Bitkey implements advanced protections including unique device identifiers, secure boot, and anti-tamper technologies. In case the device were compromised, an attacker would still need to access a second key to steal funds.

According to Dorsey’s statements, Bitkey represents an attempt to make self-custody accessible to a broader audience. The company’s roadmap promises improvements in terms of privacy, security, and usability.

The post Bitkey controversy: Dorsey’s marketing divides the community appeared first on Atlas21.

@ eb0157af:77ab6c55

An analysis of the present and a look at the future of Bitcoin mining, between data, critical reflections and a personal vision on the role of this industry.

Before jumping on bitcoin and proposing it to their clientele as an investment instrument, traditional finance started with a more classic approach, beginning to purchase shares of mining companies and thus exposing themselves indirectly to the asset. Bitcoin mining today is a real industry, also composed of large players listed on the stock exchange that have received huge capital from investment funds like BlackRock. Furthermore, more and more mining companies are taking the path of listing on stock markets to manage to attract capital and some of these also manage pools, like Marathon. How was all this possible and what are the implications of this situation?

Mining pools

Mining pools aggregate the computing power of multiple miners to increase the chances of mining a block. They create the block template and use the collective hashrate to try to solve it. The reward is then divided among participants in proportion to the power provided.

Today pools use different methods to pay miners who provide computing power. One of these is called FPPS (Fully Pay Per Share), which offers a fixed and constant payment to the miner (which varies based on the computing power provided), regardless of whether the pool mines a block or not. This type of payment makes the revenues of a company that mines bitcoin calculable and constant and which, consequently, becomes more appealing to the market because it’s possible to calculate its ROI (Return On Investment). In essence, with this type of payment, uncertainty is excluded and returns are made predictable. Mining pools take on the risk because, in case they fail to mine blocks for a certain period of time, they could go into loss having to pay miners anyway. We can therefore venture that mining pools have helped the entry of traditional finance into bitcoin mining, taking on part of the risks. But this is my thought.

Mining today

Mining pools today are not that many and we have a strong concentration of miners in some of them. If we sum the hashrate of Foundry and AntPool we exceed 50% of global computing power. This is not an optimal condition. Now however let’s also look at the other side of the coin. First of all, although mining pools have great power, they cannot play with fire and must be very transparent about their operations towards miners, because miners can direct their hashrate towards another pool very quickly. And this is a fundamental element that also recalls game theory a bit, because a mining pool must not only serve its own interest, but also the interest of its “partners”, otherwise it loses everything. I believe that mining pools are well aware of their power and also know that they are a centralization point for the network and, today, also a point of attack by authorities, so they have every interest in finding solutions that allow them to continue doing business, but that relieve them somewhat of responsibilities.

On the miner side instead, we have increasingly large companies that collect enormous capital and produce a lot of hashrate, but my fear is that this hashrate is produced by a fiat economy and is very precarious. Hashrate is closely linked to price, because if the price drops below a certain threshold, miners are no longer profitable and are forced to turn off the machines, or, in the worst cases, to completely cease activity, consequently causing hashrate to collapse. Fortunately Bitcoin has mechanisms like difficulty adjustment that mitigate these situations. Being still a very small market, the entry of large institutional players first in mining companies and then directly on the underlying asset, could lead to strong price oscillations that also impact mining farms. All this makes hashrate very unstable too.

Something is changing

The development of Stratum V2 has started an attempt to solve the various problems that afflict pooled mining. Stratum is the communication protocol between mining farms and mining pools. Version 2 brings, in addition to data improvement and encryption, performance increases and gives each individual miner the possibility to create the template of the block to mine. Furthermore we also have other existing solutions that try to solve the problems described before in a somewhat different way, like Ocean pool, which has implemented its DATUM protocol (similar to Stratum V2) and which uses a miner payment method called TIDES, that is an evolution of FPPS and non-custodial PPLNS in which miner addresses are inserted directly into the coinbase transaction.

There’s also a lot of ferment on the miner side, for example with the advent of Bitaxe, an open source project that we can define almost as a movement, an ideology. Skot, the precursor of this movement, has essentially reverse engineered the professional machinery used to mine bitcoin and managed to create a “desktop” device that contains a real ASIC chip, consumes only a few watts and can be built at home. Obviously these products produce computing power not sufficient to try to be competitive, but they are bringing back solo mining and are giving enthusiasts the possibility to deepen this sector by exploiting a device of very small dimensions and with practically negligible consumption on the bill.

The future of mining

After analyzing the state we are in, we can start speculations and let our minds travel.

Let’s start with mining pools. Will they still exist? I would say yes, in what form I don’t know, but I think they will certainly lose the control they have today over block template creation and I also think that future solutions will be found (in addition to existing ones) to become non-custodial and directly remunerate miners. In the end it’s in their interest to always be competitive in terms of services offered, because they work on commission, so they have to be appealing.

As for miners instead, I see a bigger metamorphosis. If the intention is to consume eco-sustainable energy, then energy industries will necessarily have to start studying the benefits that mining can bring in this sense. They cannot continue to ignore them. And if this happens, then I imagine a future where energy companies themselves will start mining bitcoin and will no longer do so following market logic, but will shift focus to stabilizing the electrical grid. Mining is currently the only industry capable of being so flexible as to be able to absorb all the excess energy of a plant, but at the same time consume zero when energy is needed by the grid. At that point the raw mining activity could become no longer the main business, but a secondary benefit that will allow them to have alternative income compared to selling electricity.

And what about the Bitaxe movement? Hard to say, but in my opinion if it manages to reach a critical mass of enthusiasts, it could really start to emerge and become a fundamental piece for the “true bitcoiner” kit. Utopistically, if we had 50 or 100 million Bitaxes scattered in people’s homes, we would manage to distribute mining in a more widespread way, but above all we would have a part of the total hashrate totally uncorrelated from bitcoin price, because, given their very reduced consumption, Bitaxes would remain on and continue to produce hashrate regardless of energy cost or price oscillations of the underlying asset.

What will happen, then, after 2140, when no more bitcoins will be mined? Assuming that network fees will be much higher than today, and sufficient to keep the activity profitable, we could find ourselves in a situation where mining for pure profit will be downsized. The same companies, however, could become external service providers for grid balancing, or, as mentioned previously, become electricity producers themselves of renewable energy exploiting their experience in mining to push where today it’s not economically convenient. Even in our homes we could have a boiler, a heat pump or a water heating system for the pool that, while doing its job, also mines bitcoin. In short, a future that seems like a fairy tale, but so possible that we want to live it and make sure that my children are also protagonists of it.

The post The future of mining? Green and decentralized appeared first on Atlas21.

@ eb0157af:77ab6c55

The Pakistani government embraces Bitcoin, following the example set by the United States.

Pakistan has officially announced the creation of a strategic Bitcoin reserve. The announcement was made during the Bitcoin 2025 conference in Las Vegas, marking a significant shift from the government’s previous stance against digital assets.

During the event, Bilal Bin Saqib, head of the Pakistani Crypto Council, shared the country’s decision:

“Today, I announce the Pakistani government is setting up its own government-led Bitcoin Strategic Reserve, and we want to thank the United States of America again because we were inspired by them.”

Bin Saqib then added:

“This wallet, the national Bitcoin wallet, is not for speculation. We will be holding these bitcoins and we will never, ever sell them.”

It remains unclear how the bitcoins will be acquired, whether through direct purchases or other means.

Pakistan’s shift in approach toward digital assets traces back to last February, when the government first explored the idea of creating a National Crypto Council. This body was designed to oversee the development of a comprehensive regulatory framework for cryptocurrencies and to attract foreign investment in the sector.

The Council’s proposed initiatives included projects such as utilizing surplus energy for Bitcoin mining, building high-performance data centers, and accumulating Bitcoin for the national treasury.

Just a few days ago, the Council officially allocated 2,000 megawatts of surplus energy to support mining operations and AI data centers.

Moreover, Changpeng Zhao, co-founder of Binance, was appointed as an advisor to the Council in April, offering expertise on crypto regulations, blockchain infrastructure, and the adoption of digital assets.

To further consolidate this new approach, the Pakistani Ministry of Finance has commissioned the creation of the Digital Asset Authority, an agency dedicated to supervising digital asset regulations and issuing licenses for crypto service providers operating within the country.

The post Pakistan announces the creation of a strategic Bitcoin reserve appeared first on Atlas21.

@ eb0157af:77ab6c55

The revelation by Miles Suter, Product Lead at Block, at the Bitcoin Conference 2025 confirms the economic potential of LN for professional operators, but the yield comes mainly from routing fees

During the Bitcoin 2025 conference in Las Vegas, Miles Suter, Bitcoin Product Lead at Block Inc., revealed data that could change the economic perception of the Lightning Network: the company’s routing node is generating annual returns of 9.7% on invested liquidity.

During his presentation, Suter confirmed what many experts suspected but no one had ever quantified precisely: Lightning payment routing can be not only technically effective, but also economically profitable on a large scale. With an estimated public capacity of 184 BTC (approximately $20 million), Block is demonstrating that Lightning infrastructure can generate significant returns through the use of bitcoin as a payment method.

Non-custodial yield, with a doubt

Lightning routing represents what experts define as “true non-custodial yield” – returns generated from the pure economic utility of bitcoin as a means of payment, without having to entrust one’s funds to third parties.

“We are earning almost 10% returns on Bitcoin by effectively routing real payments on the Lightning network,” Suter declared.

Riccardo Masutti — researcher and founder of Baited — has, however, observed that the double-digit yields advertised by Block are closely tied to an exceptionally aggressive fee structure that markedly deviates from the median parameters of the Lightning Network. In particular, the Cash App nodes apply a fee rate of 2,147,483,647 ppm, resulting in fees up to 2 million times higher than the average cost of standard channel transactions. Block’s own node also enforces significant fees: to route a million satoshis, it requires 1,053 sats in outgoing fees and 2,955 sats in incoming fees, compared to a network median base fee of approximately 0.999839 sat and a median fee rate of 0.000063 sat/sat. This discrepancy suggests that the yield is generated more by a surcharge imposed on intermediated payments than by any real efficiency in liquidity allocation.

In 2024 Cash App recorded an increase in Lightning payment volume equal to 7 times that of the previous year: one in four outgoing payments now occurs via LN, Suter stated.

According to Block’s Product Lead “if Bitcoin becomes only digital gold, we have failed the mission. If we don’t use bitcoin for payments, we risk losing one of the most important promises permissionless money. If we don’t preserve the qualities of cash in the digital world, human liberty is seriously in trouble.”

The company aims to incentivize practical and daily use of bitcoin, seeing Lightning payments as the key to realizing Satoshi Nakamoto’s original vision of a “peer-to-peer electronic payment system.”

The post According to Block, routing on Lightning yields 10% annually: but the yield comes from fees appeared first on Atlas21.

@ 3770c235:16042bcc

In a world full of constant stimulation, overflowing schedules, and ever-growing to-do lists, our physical spaces often bear the brunt of our busy lives. The clutter in our homes and workplaces can slowly pile up until it becomes overwhelming, contributing not only to a chaotic environment but also to increased levels of stress and anxiety.

But what if the simple act of removing junk and organizing your space could bring clarity to your mind, lift your mood, and create a lasting positive impact on your mental health? Decluttering isn't just about aesthetics—it’s about mental wellness. Junk removal can be a powerful tool to help you take control of your space and, in turn, your mindset. Let’s explore how clearing the clutter can boost mental health and transform your daily life.

The Psychological Impact of Clutter Clutter isn’t just stuff—it’s unmade decisions and postponed actions. Psychologists have long understood the connection between our environment and our emotional well-being. Clutter bombards our minds with excessive stimuli, making it difficult to focus or relax. It sends a signal that work is never done, which can lead to chronic stress.

A study published in the Personality and Social Psychology Bulletin found that women who described their homes as cluttered or full of unfinished projects were more likely to be fatigued and depressed than those who described their homes as restorative and restful. The same study found that cortisol levels—the body’s main stress hormone—were significantly higher in women living in cluttered environments.

Additionally, according to a UCLA study, families living in homes with a high density of household objects experienced increased levels of anxiety. The psychological toll of clutter isn’t minor; it has real, measurable effects on our mental health.

Junk Removal as an Act of Self-Care Self-care isn't just about spa days or bubble baths—it's about creating systems and habits that support your well-being. Removing clutter and excess junk from your living or working space can be an essential act of self-care, sending your brain a clear message: you deserve a clean, peaceful environment.

The physical act of junk removal creates a sense of accomplishment. Whether it’s donating unused clothing, throwing away broken items, or clearing out the garage, every bag removed is a step toward emotional relief. The process can be surprisingly cathartic, especially for those dealing with stress, grief, or major life transitions.

Why Clutter Creates Mental Clutter Clutter and disorganization can reduce our ability to process information. Researchers at Princeton University Neuroscience Institute found that physical clutter competes for your attention, resulting in decreased performance and increased stress. When your environment is chaotic, your mind tends to mimic that chaos.

Every time you walk past a cluttered desk or disorganized closet, your brain registers it as a task you haven't completed. Over time, this leads to mental fatigue. You might find yourself feeling constantly behind, overwhelmed, or unable to concentrate—even when you're not consciously thinking about the mess.

On the flip side, a tidy, clutter-free environment can promote mental clarity, boost productivity, and help foster a greater sense of control and calm.

How Junk Removal Enhances Mood There’s a distinct emotional payoff to junk removal. Many people report feeling lighter, freer, and happier after decluttering a space. Here's why: 1. Reduces Anxiety and Stress Too much clutter can create a constant low-grade stress that gnaws away at your peace of mind. By physically removing items that no longer serve a purpose, you're also removing sources of tension. 2. Improves Focus and Productivity When your environment is clear, your mind follows suit. A cleaner space supports sharper thinking and better decision-making. Whether you're working from home or studying, a decluttered area can significantly enhance your ability to concentrate. 3. Boosts Self-Esteem Clutter can carry feelings of guilt or shame—reminders of undone tasks, unused purchases, or poor organizational habits. Taking the step to clean up can restore confidence and create a sense of achievement.

1. Encourages Mindfulness Decluttering forces you to be present. You have to examine each item, reflect on its usefulness, and make a conscious decision about its place in your life. This process promotes mindfulness and intentional living.

The Decluttering Process: Step-by-Step for Mental Clarity If the idea of decluttering your entire home feels overwhelming, start small. Begin with one drawer, one shelf, or one room. Here's a practical approach to get started:

Step 1: Set a Clear Intention Know why you're decluttering. Is it to feel less stressed? To improve your focus? Having a specific goal will keep you motivated. Step 2: Sort Items into Categories Use the classic “keep, donate, toss” system. Be honest with yourself about what adds value to your life. Step 3: Focus on One Area at a Time Avoid jumping from room to room. Focus your energy on one space to see progress quickly and stay motivated.

Step 4: Remove the Junk Promptly Once you've sorted items for removal, don’t let them linger. Hire a junk removal service or take them to a donation center right away. Step 5: Maintain Your Space Set a monthly reminder to reassess clutter. Make it a habit, not a one-time task.

Professional Help: The Role of Junk Removal Services For some people, the physical and emotional burden of clearing out clutter is too overwhelming to tackle alone. This is where professional junk removal services come in. These services not only handle the heavy lifting but also offer a judgment-free way to transform your space quickly and efficiently. By outsourcing the task, you reduce stress and avoid decision fatigue. It’s a practical solution for busy professionals, seniors downsizing, or those recovering from emotional trauma like the loss of a loved one.

The mental relief from seeing a room go from chaotic to clean in just a few hours is worth the investment. Plus, many services are eco-friendly and donate reusable items to charities, adding another layer of purpose to the process.

Real-Life Impacts: Statistics that Speak Decluttering doesn’t just feel good—it’s backed by data. Consider this: • According to a study by the National Association of Professional Organizers, 54% of Americans are overwhelmed by clutter, and 78% have no idea what to do with it [source]. • A report from the Journal of Environmental Psychology found that people with clean homes are happier and more relaxed, with higher activity levels and lower levels of cortisol [source]. These statistics highlight how deeply our environment influences our emotional health—and how important it is to reclaim control of your space.

Decluttering in the Digital Age While physical clutter is the most obvious, digital clutter can also affect your mental state. Overflowing email inboxes, unorganized files, and constant notifications can leave you feeling scattered and distracted. Take time to regularly clean up your digital life by: • Unsubscribing from unwanted emails • Deleting unused apps • Organizing desktop files and folders • Turning off non-essential notifications Just like physical spaces, a clean digital environment supports a clearer, more focused mind.

When Clutter Signals Something Deeper While decluttering is beneficial, it’s important to recognize when excessive clutter or hoarding behavior may be a sign of deeper mental health issues. Conditions such as depression, anxiety, and obsessive-compulsive disorder (OCD) can manifest in the inability to discard items or maintain an organized space. If clutter feels insurmountable or leads to distress and dysfunction, it may be time to seek support from a mental health professional. Therapy can help address the root causes and develop strategies for long-term change.

Final Thoughts: Clearing the Path to Mental Well-Being Junk removal and decluttering may seem like simple tasks, but their effects on your mental health can be profound. By reducing chaos in your environment, you invite peace, focus, and emotional clarity into your life. Whether you choose to tackle the clutter yourself or enlist the help of professionals, taking the first step is often the hardest—and the most transformative. Your environment is a mirror of your mind. Clear the clutter, and you’ll often find that clarity, joy, and calm aren’t far behind.

@ 81022b27:2b8d0644

Today some clients and I were talking and they asked me about my recent seminar where I attended the “Unleash The Power Within” seminar with Tony Robbins. I explained that the firewalk I performed was not the highlight of the seminar, It was all the junk I got rid of mentally. We talked some more and then someone said something a little derogatory about Scientology.

I said, “wait a second, Scientology changed my life!”

It’s true. Some of the things I learned through Dianetics and Scientology were catalysts in me changing my entire life around.

It started one evening in Coral Gables, FL when I was walking down the street going to meet someone for dinner. I was stopped by a lady holding a clipboard outside of a 50’s-looking building.

“Would you like to take personality test?”

I asked: “What’s that?”

She explained and since I’m always early to things, I had plenty of time to kill. I said: “Sure! let’s do it!”

I took the test and the results seemed spot on. Then they asked if I would like to learn more about the mind , I could sign up for a course for a modest amount and I was genuinely curious about the whole deal and I agreed.

The Class I came back like a week later to start the class. I’m remembering that building had a distinct smell. It wasn’t bad. I can’t really describe it, but if I ever smell something similar, I’d recognize it instantly.

I walked in and they took me to a big room, a classroom with lots of tables and chairs. Every table had a small box with objects in it. There were people reading, there were people in groups studying, lots of chatter.

It seemed exciting!

I don’t remember if it was my first lesson or not, but we had to do TR’s (Training Routines) and I was asked to sit across from some guy and just stare at him. Look him in the eyes and not laugh, not blink excessively, just keep your composure.

Bah! Stupid! But I can do this!

We started the exercise and it seemed silly at first, but then my heart started racing and started freaking out. It felt like I was in a tunnel, but somehow his eyes were attacking me.

Then all of a sudden I’m hovering 8 feet above myself and I’m looking at the situation from above.

Next thing I know, I’m back in my body and the exercise is over.

The teacher, or facilitator came by to ask me how everything went. I started to tell her exactly what happened and she was writing very matter-of-fact-ly.

“And then I left my body!,” I emphasized.

“So you exteriorized?” She asked.

“I guess.”, I mumbled.

What really made me curious is these people are just nonchalantly just writing down stuff like it’s no big deal.

They got me. I was hooked.

Auditing

I started doing some courses whenever I had some free time: maybe once or twice a week. I learned that there is something that they call the “reactive mind” and that past traumas can affect someone in the present time.

We did this exercise that when my “Auditor” would snap her fingers, I would repeat the first word that popped into my mind, until we got a string of words. I would the repeat this string of words until they “lost their charge” and had no effect.

During one of these sessions, I

felt like I was choking.

No, not choking !

I could taste salt water!

I was drowning!

This shook me up because I had no recollection of almost drowning like that.

I asked my mother if I ever almost drowned and I was surprised by her answer.

She said; “Yes. We were at the beach-you were a baby and in the water with your father. A wave got both of you and your dad had to throw you towards me like a football, because he couldn’t fight the riptide.”

Wow.

Study Tech

before you start the “heavy” course, you must learn how to study. So they have designed a way to teach people “How.”

I thought, “wow, no one ever really taught me how to study.”

In high school, I kind of just skated by, with no need to ever read or do much. I didn’t make valedictorian, but I was discovering my social life and that was top priority for me at the time.

They showed me if you read something and can’t remember what you just read, t means you read past a misunderstood word. You never skip a word you don’t understand. There are always dictionaries at every study table.

If you get woozy and want to bail on the material being studied, then you have skipped a gradient, so you should go back to a point you understand and work back up.

If you get a headache while, studying, that means you have a “lack of mass” and the topic is abstract and you need to make it more physical to be able to understand it.

That is why they had those baskets with modeling clay and stuff in it, so you could model out concepts.

I still use this knowledge.

Basic Study Manual

The Purification Program

At some point one of the coaches pointed out that if I wanted to make quicker progress, I should do The Purification Program. The Program is designed to get rid of environmental toxins and medications and other materials that are stuck in your physical body and is interfering with your progress “up the bridge”

So of course, I am fascinated by this idea and sign up for the course, This time, it;s a lot of books and it’s going to cost be some serious cash. I didn’t have that kind of money, because I was scraping by on an assistant manager at Wendy’s salary.

No worries, take out a new credit card to pay for it. And one of the members drove out to my work to get the signature (and $$) to pay for the course. I think It was the end of the month and they got a bonus if I signed up before then.

The Program

The program basically consists of sitting in a sauna for 5 hours a day, Taking supplements: cal-mag, megadoses of niacin, and oils

It was perfectly organized: we were taken to a different part of the building to an area with a eucalyptus smell. We were shown the sauna-it was a large sauna , It could hold like 10 people.

We were given our supplements and then told to jog for few blocks around the building and then come into the sauna.

By the time you are done with the run, the niacin has kicked in and given you a nice “flush” skin is red and blood vessels have dilated. Now you’re ready for the sauna.

Everything done here is monitored. The guy supervising us was a Medical Doctor and he recorded weight going in and was always available supervising and answering any questions.

Five hours a day in a sauna is a LONG time- especially with someone like me who is not crazy about sweating constantly.

You were free to come in and out to prevent from getting overheated and get in the shower to cool off.

I brought reading material, I was doing this!

Reactions

X Ray Radiation

For the first couple of days, nothing significant happened except my skin started getting better.

One day as I am leaving the sauna to cool off, I take a look in the mirror and it looks like I’d been in a fight. Both my eyes had black rings like bruises around them.

I asked the attendant what this was and he looked at them and asked me if I had been exposed to many x-rays. I said that yes, I had been a sick kid and had tons of diagnostic procedures and medicines and stuff.

He said : “Ok, get back in there! You’re just running out x-ray radiation”

Came back out about 20 minutes later and the rings were gone.

Medications

I’m sitting in the sauna and I start getting sleepy. More like “anesthesia count down to ten sleepy”

Again, I was concerned, so I asked attendant what the deal was and he said I was likely detoxing from medicines and drugs I’d taken.

Went back in until it cleared up.

Chlorine

One day there were about 5 of us in the sauna and all of a sudden a strong smell of chlorine started. It keeps getting worse until it was so bad it was burning our eyes. We all exited the sauna thinking there was some sort of chlorine spill or something like that.

The attendant asked: “Has any of you worked as a pool maintenance tech?”

We looked around and one guy raised his hand.

The attendant said “Ok! Everyone dismissed for today except for you!” as he pointed to the Pool Tech guy. “Get back in there!”

I was doing this in the mornings when I had the evening shifts at the restaurant and when I worked days, Id try to make it to the sauna in the evenings.

After about 3 weeks, everything started to taper off and I was done.

I was feeling great and there was something different about everything, I felt like I was more awake and aware. And my skin and complexion were fabulous!

Clear Body, Clear Mind

The Sea Org

At some point, the people in charge routed me to talk to someone one in the Sea Org.

It was a small glass office, like the one you are led into when you are buying a car. I was greeted by a man in an impressive looking uniform like Captain Steubing from the “Love Boat”.

He said they had been watching me and my progress and were impressed with my IQ score. He said I stood out among the other people and compared me to this woman we could see through the glass.

He basically ripped her to shreds in front of me, telling me how her life was in chaos and how she had created all of her chaos and that somehow I was different from her.

They basically offered me a job.

One catch:

I had to sign a contract for a “billion years” and I couldn’t be in debt.

Seeing I was already in debt from some of the previous courses, I didn’t qualify. Also a billion years seemed a bit long.

I thanked him and said I would consider it- I was pretty sure it was a solid no, but I didn’t want to tell him that. I was probably intimidated by the uniform.

Healing with Vitamins

This was not an official class or anything, but during my time there, I saw whenever someone was having issues with their body, they would consult with one of the counselors and they would look into a little book: “Earl Mindell’s Vitamin Bible” or see a chiropractor down the road who was apparently a Scientologist.

I used what little I learned and suggested home remedies to my Wendy’s employees and their families and developed a little side gig offering supplements to anyone willing to listen.

The Bottom Line

I know there is a lot of negative press and negativity in general about Scientology, but be clear about this: Scientology changed my life!

I’m not an active Scientologist, and don’t feel like I want to go back. But it definitely shaped me into the person that I am today.

If there is bias against the church in this article, it’s just the way that it’s run. Running an organization like an MLM encourages bad behavior.

I have moved countless times since those days, and the first piece of forwarded mail is usually from a Scientology Org.

I’m not sure I would have taken the steps to make a drastic change and decide to attend chiropractic school had it not been for my brief time in Scientology,

Love,

-Dan

@ 8173f6e1:e488ac0f

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@ eb0157af:77ab6c55

Bitmain’s new device raises the bar for energy efficiency.

During the World Digital Mining Summit, Bitmain introduced its latest bitcoin mining device: the Antminer S23 Hydro. The new miner promises an energy efficiency of 9.5 joules per terahash (J/TH), setting new industry standards.

ANTMINER S23 Hyd. Newly Launched at WDMS 2025!
580T 9.5J/T
Sales Start from May 28th, 9:00AM (EST)
Shipping from Q1, 2026 pic.twitter.com/Kg3VJTt7Rg

— BITMAIN (@BITMAINtech) May 27, 2025

According to Bitmain’s presentation, the Antminer S23 Hydro delivers up to 580 TH/s with a power consumption of 5,510 watts.

Scheduled for release in early 2026, the Antminer S23 Hydro marks a major leap forward compared to the first ASIC devices dedicated to mining. To put it in perspective, the first specialized miners launched in 2013 consumed around 1,200 J/TH. Bitmain’s latest device therefore represents a more than 99% improvement in efficiency.

Hashprice and economic challenges

In recent months, the hashprice — the metric measuring mining profitability — has remained relatively low, dropping below $39 per petahash per second during the year. As of now, the hashprice stands at around $55 per petahash per second, according to data from Hashrate Index.

This scenario has pushed several companies in the sector to rethink their expansion strategies. Instead of increasing hashing capacity, many are choosing to upgrade their existing fleets, focusing on efficiency rather than sheer scale.

The introduction of the Antminer S23 Hydro could catalyze a transformation within the mining ecosystem. The gradual replacement of outdated devices with more efficient technology could lead to a significant reduction in the Bitcoin network’s overall energy consumption.

The post Bitmain unveils the Antminer S23 Hydro: unprecedented efficiency appeared first on Atlas21.

@ d360efec:14907b5f

@ 9ca447d2:fbf5a36d

5/27/2025, Las Vegas, NV — Sati, a Bitcoin payments app and Lightning infrastructure provider, today announced the launch of its Lightning integration with Xverse, a Bitcoin wallet used by over 1.5 million people worldwide.

Thanks to the integration, Xverse users can now send and receive sats (bitcoin’s smallest denomination) instantly over the Lightning Network with no setup, no app switching, and no custodial risk.

Initially designed in 2017, the Lightning Network has grown to become Bitcoin’s leading layer-2, with a current BTC capacity of over $465M.

Sati is now leveraging this technology to bring the world’s favorite digital currency into the pockets of 3 billion users worldwide, thanks to its powerful API integration with WhatsApp.

“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.”

Thanks to the integration, every Xverse user now 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.

Sati expects USDT on Lightning to be supported as early as Q3 for the Xverse wallet and in 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.

The Xverse launch follows the debut of Parasite Pool, a new mining pool leveraging Sati and Xverse’s tech stack and focused on democratizing Bitcoin mining.

Parasite Pool charges 0% fees and pays out instantly over Lightning, making it ideal for small-scale miners, especially those running ultra-low-power hardware like Bitaxe.

With over 500 users joining Parasite Pool within weeks of launch and an average pool hashrate of 5 PH/s, Parasite Pool is steadily growing its presence in the home mining space.

Thanks to the Lightning integration, Parasite Pool supports the smallest Lightning payouts in the industry (a fraction of a cent), lowering the barrier to entry for anyone interested in mining.

Sati recently closed a $600K pre-seed round backed by Bitcoin-focused investors, including Draper Associates, BitcoinFi, Arcanum, BoostVC, and Ricardo Salinas.

The funding is being used to support global expansion, stablecoin integration, Lightning infrastructure growth, and broader access to Bitcoin in emerging markets.

Sati will be conducting live product demos at Bitcoin 2025 in Las Vegas on May 27-29. To learn more about Sati, visit sati.pro

Press Contact
press@sati.pro

About Sati

Sati is a Bitcoin payments infrastructure provider. Launched in 2025 with investors of the likes as Draper Associates and Ricardo Salinas, Sati powers fast, seamless Bitcoin payments on applications such as WhatsApp to fuel the next wave of adoption. Learn more at sati.pro

About Xverse

Xverse is the on-chain platform for the Bitcoin economy—think Revolut meets Alchemy, built natively on Bitcoin. Trusted by over 1.5 million users, Xverse is launching a unified portfolio platform for Bitcoin L1 and Layer 2s, alongside developer infrastructure to power seamless Bitcoin-native apps.

@ 81022b27:2b8d0644

I did my chiropractic studies at Life University in Georgia. When I picked schools, I had no idea about chiropractic philosophies or the politics in chiropractic.

I picked Life for two reasons: It was the closest to home (Miami at the time), and it was the first one to get back to me and tell me I was accepted.

My chiropractor in Miami wanted me to attend Palmer College, but that was in Iowa, and it sounded remote and cold. So, hell no.

I was so excited to start my new life that I crammed a U-Haul with all my junk and headed to Marietta.

Once classes started, someone suggested I join clubs to make friends.

I asked around, and there was this club having an upcoming party. It was Spizz Club. Spizz was short for Spizzerinctum, which meant “chiropractic enthusiasm.”

Well, I had a lot of that—plus, there were some attractive girls in that club.

I showed up at the party, which was at a student’s apartment, and got greeted with a long, uncomfortable hug. Do you remember the old cartoon of Pepe Le Pew and the cat? Well, I was the cat.

I grabbed a beer and started mingling. It was one uncomfortably long hug after another. Some made moaning sounds!

Fucking weirdos.

I got invited to a philosophy class while I was at the party. My social calendar wasn’t exactly overflowing, so I went.

Wow! These people were explaining concepts I’d known deep down my entire life, but I was hearing them out loud for the first time.

Deciding to move 700 miles away and change careers was a rash and selfish decision because I was running away.

Running from:

Failure

A failed marriage

Failure at real estate

Failure at finding something I was good at

Failure at being happy

Failure as a student, ten years after high school with no degree.

Here I am, listening to the speakers, and I realized this was different.

Maybe this was MY thing.

Maybe I could be a chiropractor.

Maybe I could help people.

Maybe I could be proud of myself.

Maybe someone could be proud of me.

That night changed me. The weirdos seemed less weird. I made friends, I found my footing.

Chiropractic college was tough, much tougher than I expected. I had always kind of “skated by,” but now I had to put in hard work because I hadn’t been in school full-time for ten years.

I also had never lived the college life, and apparently I was partying too much. We hit the bars to blow off steam after midterms and finals—turns out, there were a lot midterms and finals.

I almost flunked out one quarter, but there was a lot going on. My 85-year-old dad came to visit and was going to stay with me for a bit, then he passed away suddenly.

I had a lot of guilt from that, thinking that I could have done something different and could have stayed around a little longer. That guilt would resurface years later in a Craniosacral therapy session.

I couldn’t fail at this. This was too important. I went to a Hypnotherapist to see if maybe I could get “programmed” to not flunk out. Apparently, it worked.

Funny thing, I worked hard and time passed. We did it. We graduated and made it through.

Look, those brutal study sessions weren’t easy, and almost flunking out scared the hell out of me. I am thankful that Chiropractic passion stuck with me. That Spizz still gets me through some days.

Live Long and Prosper,

-Danny

@ 9ca447d2:fbf5a36d

Michael Saylor, executive chairman of Strategy, has stirred up the Bitcoin community with his recent comments on proof-of-reserves, calling it a “bad idea” that puts institutional security at risk.

Speaking at a side event at the Bitcoin 2025 conference in Las Vegas, Saylor expressed strong concerns about the security implications of on-chain proof of reserves (PoR), a method used by many bitcoin companies to show they actually hold the assets they claim.

“The conventional way of issuing proof of reserves today is actually insecure,” Saylor said.

“It actually dilutes the security of the issuer, the custodians, the exchanges and the investors. It’s not a good idea, it’s a bad idea.”

Proof-of-reserves is a process where companies with bitcoin reserves share public wallet addresses or use cryptographic methods to prove how much bitcoin they hold.

This practice gained popularity after the collapse of major exchanges like FTX and Mt. Gox to build trust through transparency.

Many big players in the digital asset space, including Binance, Kraken, OKX and asset manager Bitwise, have adopted PoR to reassure users and stakeholders.

Related: Bitwise Announces On-Chain Address, Donations Go to Shareholders

Saylor’s objections boil down to two main points.

First, he believes publishing wallet addresses creates serious security risks. By exposing institutional wallet structures, companies may open themselves up to attacks from hackers, hostile governments or malicious actors.

“[It’s like] publishing the address and the bank accounts of all your kids and the phone numbers of all your kids and then thinking somehow that makes your family better,” Saylor said.

“(It becomes) an attack vector for hackers, nation-state actors, every type of troll imaginable.”

He even asked the audience to try a thought experiment:

“Go to AI, put it in deep think mode and then ask it ‘what are the security problems of publishing your wallet addresses?’ and ‘how might it undermine the security of your company over time’ … It will write you a book. It will be fifty pages of security problems.”

Second, Saylor pointed out that proof of reserves only shows what a company owns, not what it owes. In his view, that’s incomplete.

“It’s proof of assets that is insecure, and it is not proof of liabilities… So you own $63 billion worth of bitcoin—do you have a hundred billion dollars of liabilities?” he asked rhetorically.

For large institutions and investors, this view of financial health is not enough.

Instead of publishing wallet addresses, Saylor thinks the better approach is to use institutional-grade audits by trusted firms.

“The best practice… would be to have a Big Four auditor that checks to make sure you actually have the bitcoin, then checks to make sure the company hasn’t rehypothecated or pledged the bitcoin,” he said.

“Then you have to wash it through a public company where the CFO signs, then the CEO signs, then the chairman and all the outside directors are civilly and criminally liable for it.”

He believes the legal consequences of corporate auditing — including prison time for fraud under the Sarbanes-Oxley Act — are stronger than cryptographic proof alone.

He did admit that a more secure, future version of PoR might be possible if it involved zero-knowledge proofs that protect wallet privacy while still confirming ownership.

Not everyone agrees with Saylor’s opinion. While some praised his focus on security, others accused Saylor of hiding something.

Speculations resurfaced about whether Strategy truly holds all the bitcoin it claims, or if it’s involved in so-called “paper bitcoin” — claims to BTC without physical backing.

Others pointed out that exchanges like Kraken and asset managers like Bitwise have implemented PoR systems without major breaches.

@ 17e2889f:a8fbe515

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@ 81022b27:2b8d0644

How the birth of my grandson is making me re-think my own future

I just became a grandfather. My youngest daughter had a baby boy.

I’m thrilled.

And

I’m scared.

Babies are pure potential Infinite possibilities, all sorts of different paths they could take.

They haven’t drank the Kool-Aid, or in fact any Kool-Aid at all, lol

Will he be gregarious and outgoing?

Will he be shy and introverted?

Will he want to be an artist?

An engineer?

Will he be brave or scared?

Will he be like his grandfather, trying to overcompensate in his later life for being afraid of nearly everything in the early part of his life?

I am thrilled. All the grandparents that I have ever met said to me:

Just wait until you have grandkids, its different

And yes, it is different.

I’m not so worried about the how to take care of the baby-all I have to do is love him.

The other day, I was just holding him and was able to stay in “the love state” for the longest time ever.

(The love state is the goal of a meditation that I do-The goal is to stay “in love” feeling for as long as you can.)

I was able to get to this place so easily with him!

He has also taught me to slow down even more. He is not in a hurry to do anything. His job is to eat, poop and grow.

I feel like I get to savor the time I get with him even more than with my own kids.

I’m Scared His mom has had her share of issues.

She is now a single mom trying to navigate all the responsibilities of being a parent.

I didn’t think she was ready, but here we are.

She doesn’t have her mom to help guide her, but I thank god that she has Christi-my girlfriend. She has been such an incredible support for both Audrey and me.

I’m scared mostly because now my own future is uncertain.

I had my future planned out like where i wanted to retire-the things I wanted to do and now this little guy has me re-thinking all my plans about the future.

Here’s to uncertainty!!

Live Long and Prosper 🖖,

-Dan

Links | The Natural Life | The Intuitive Chiropractor

@ 81022b27:2b8d0644

Today is Mother’s Day and throughout the day I’ve been texting my friends who are moms and wishing them well on their day.

A buddy of mine sent me a text and said “Happy Mother’s Day, lol!”

Immediately replied back “same to you!”

Then I started thinking: Did he mean that because I am both father and mother to my daughters? Or was it just typical guy behavior (from my era) joking around calling me gay.

Then I got to thinking about how today is tough for my daughters because they lost their mom to cancer over 4 years ago.

I was driving when i got the text and next thing I know tears are streaming down my face. Maybe it has been tough for me too.

These girls have NEEDED their mom on so many occasions! I could never fill those shoes!

I could have really used her help with our youngest daughter. Maybe she could have said ONE thing to her to make her thing twice about un-aliving herself.

Maybe she could’ve shared my grief, or maybe we could’ve just talked about the situation and how we can get our tortured little girl back from her uncomfortable reality.

Full disclosure: My daughters are all adults, and their mother and I were no longer together. We had been divorced for about 8 years when she passed.

When she passed away, I felt like I couldn’t grieve-after all, I was just the ex-husband.

Took me a while to realize that I had lost a family member too. I don’t think I have completely gotten over it, at least not well. There was a lot of anger and resentment in the divorce and over the years we had tried to be civil, and even had holiday celebrations with EVERYONE attending. Come to find out, the new husband hated that arrangement.

Before she passed, we said we still loved each other and said our goodbyes. I told her I would look after our daughters and made sure her mom was ok. Maybe i’m feeling so emotional because I feel like I’ve made a mess of things here or I’m simply not over it yet.

Happy Mother’s Day!

@ 9ca447d2:fbf5a36d

LAS VEGAS, May 28 2025 — Blockstream, the global leader in Bitcoin-powered financial infrastructure, has today revealed its strategic vision to support Bitcoin’s next pivotal phase of growth, building on over a decade of pioneering work at the forefront of Bitcoin innovation. 

Unveiled in a keynote by Blockstream Co-Founder and CEO Dr. Adam Back at Bitcoin 2025 in Las Vegas and anchored by a bold new tagline, The Future of Finance Runs on Bitcoin, the vision introduces a clear framework based on three core business units—Consumer, Enterprise and Blockstream Asset Management (BAM).

This framework represents a unified approach to onboarding users across the rapidly growing Bitcoin economy, from individuals to institutions.

“The past year has shown clearly that Bitcoin no longer sits on the margins of the global financial system—it is rapidly becoming the foundation,” said Dr. Back.

“Our vision is simple: The Future of Finance Runs on Bitcoin. Guided by this idea, Blockstream is working hard to build the vertically integrated platform to support that transition, from individual self-custody to enterprise-scale asset issuance and regulated investment products.”

A New Era for Bitcoin-Native Finance

According to crypto ETF analytics platform SoSoValue, Bitcoin has attracted over $41 billion in net ETF inflows alone since the launch of U.S. spot ETFs in early 2024, led by major institutions such as BlackRock, Fidelity, and Franklin Templeton.

At the same time, New Hampshire and Arizona have become the first U.S. states to pursue Strategic Bitcoin Reserves and the number of corporate treasuries holding bitcoin continues to climb.

With a market cap of just over $2 trillion and trillions settled annually on-chain, Bitcoin’s role as a legitimate financial layer is becoming increasingly clear, hastening the need for scalable infrastructure.

Blockstream has been building that infrastructure for over a decade.

Founded in 2014 by Dr. Adam Back—inventor of Bitcoin’s proof-of-work (PoW) mechanism—the company has focused from the outset on expanding Bitcoin’s functionality without compromising its foundational principles.

Blockstream Research, led by renowned cryptographer Andrew Poelstra, is a key contributor to Bitcoin Core and drives advances in applied cryptography and protocol development. 

On the product side, Blockstream maintains Core Lightning (CLN) for scalable payments, the Liquid Network and Blocksteam Asset Management Platform (AMP) for tokenized asset issuance and settlement, as well as self-custody tools including the open-source Jade hardware wallet.

The All-New Blockstream App—Self Custody on Your Terms

Headlining today’s keynote was the launch of the all-new Blockstream app—a streamlined, self-custodial experience that lets users buy bitcoin and secure it immediately in their own wallet.

Built on the foundation of the trusted Blockstream Green wallet, the updated app offers seamless support for managing bitcoin and Liquid assets within a redesigned interface tailored to both new and experienced users.

The Blockstream app is designed to make onboarding intuitive from day one, minimizing friction while staying true to the principles of self-custody.

Users can begin simply and gradually adopt more advanced features at their own pace—including hardware signing and air-gapped transactions with the Blockstream Jade.

Current Blockstream Green users will find all existing functionality preserved within the redesigned interface.

With support for 31 languages, the app makes Bitcoin accessible to anyone with a smartphone, opening the door to secure, sovereign finance worldwide

“The new Blockstream app isn’t just a wallet,” said Peter Bain, VP of Consumer Products at Blockstream.

“It’s a gateway to the full power of Bitcoin—enabling secure savings, fast payments, and seamless management of tokenized assets, all within an intuitive interface designed for both newcomers and hardcore bitcoiners.”

Blockstream Enterprise: Bitcoin-Native Financial Infrastructure

Dr. Back also used his keynote to highlight the growing importance of Blockstream Enterprise, the company’s evolving platform for corporations, governments and participants across the broader financial sector.

Underpinned by the Liquid Network and Blockstream AMP, the platform enables secure asset issuance, as well as treasury and balance sheet management.

It also facilitates integration with custodians, exchanges and core financial systems via industry-standard FIX and REST APIs.

With the first iteration of AMP already available and additional features rolling out over time, the platform builds on Liquid’s momentum, which recently surpassed $3.27 billion in total value locked (TVL).

In doing so, it provides a Bitcoin-native foundation for tokenization and institutional settlement focused on regulated custody, compliant off-exchange settlement, and programmable financial instruments.

“As capital markets evolve, businesses, institutions, and governments will need infrastructure that is secure, programmable and built directly on Bitcoin’s rapidly growing network,” said Dr. Back.

“Blockstream Enterprise brings that infrastructure together—enabling asset issuance, management, and settlement on Liquid, Bitcoin’s first and most battle-tested sidechain.”

Unifying Consumer, Enterprise, and Institutional Products

Today’s keynote marks a strategic inflection point, aligning Blockstream’s efforts across the three market segments it serves.

In 2024, the company raised $210 million to accelerate development and launched Blockstream Asset Management (BAM), a dedicated division focused on institutional-grade Bitcoin investment products.

The company has also deepened collaborations with regulated custodians, corporate treasuries and financial service providers to support the integration of Liquid and AMP into existing financial infrastructure.

The Future of Finance Runs on Bitcoin

The vision laid out by Dr. Back reflects Blockstream’s conviction that Bitcoin is no longer just a $2 trillion asset class but a settlement layer, a development platform, and the most credible foundation for building the next financial system.

“The financial world is waking up to what we’ve known for years,” said Dr. Back. “Bitcoin is here to stay —and it’s never been easier to build on it.”

“From first-time users to trillion-dollar institutions, our aim is to give everyone the tools to participate in this new economy, with the transparency, security and resilience that only Bitcoin can provide.”

To learn more visit Booth 2121 at Bitcoin 2025 or visit www.blockstream.com.

Download the new Blockstream app today and take control of your bitcoin—on your terms.

Institutions, enterprises, and governments interested in building on Bitcoin with Liquid and AMP can connect with the Blockstream team directly at business@blockstream.com.

Media contact:
Edward Moore – Head of PR, Blockstream
emoore@blockstream.com

About Blockstream

Founded in 2014, Blockstream is a global leader in Bitcoin and blockchain infrastructure, with offices and team members distributed around the world. 

Serving as the technology provider for the Liquid Network, Blockstream offers a sidechain solution that enables secure, trustless Bitcoin swap settlements and robust smart contracts, empowering financial institutions to tokenize assets efficiently. 

The company’s Core Lightning is a leading implementation of the open Lightning Network protocol, widely adopted for enterprise Bitcoin Lightning Network deployments.

Blockstream Jade, an open-source hardware wallet, delivers advanced security for Bitcoin and Liquid assets in an easy-to-use form factor.

For consumers, Blockstream app is a highly secure and user-friendly Bitcoin wallet.

​​Disclaimer

This press release contains forward-looking statements, including but not limited to statements regarding the expected launch timeline of the Blockstream Enterprise platform and time to market of Blockstream Asset Management products. 

Other “forward looking statements” may, without limitation, include statements that are preceded by, followed by, or include the words “believes,” “expects,” “anticipates,” “intends,” “plans,” “estimates,” “foresees,” or similar expressions, and other statements concerning anticipated future events and expectations that are not historical facts.

_Actual results may differ materially due to regulatory developments, competition from other hardware and technology services providers (in the case of Jade and the app) and both traditional finance and crypto native managers (in the case of BAM), market conditions and other risks. Actual results may differ materially. Blockstream undertakes no oblig

@ 81022b27:2b8d0644

I love my job, I really do. Helping people feel better, getting their bodies back in line-it’s why I show up every day.

But some of my clients?

Some of them act like I’m a magician who can fix years of you ignoring their body in one session.

So, here’s the unfiltered truth—what I’d really like to say when they’re sitting there, complaining, not listening, and interfering with their own healing process. Buckle up, because I’m not holding back.

• There’s nothing wrong with you! Just keep getting adjusted regularly, and for God’s sake, stop going to the medical doctor.
• Stop saying you don’t know what happened.
• You didn’t even try it out before; you’re saying it still hurts. Move around a little!
• No, I’m not doing the fucking ring-dinger that you saw someone do on TikTok.
• No, it’s not because you’re old. It’s because you don’t take care of yourself.
• You’re only 35; you’re not allowed to say you’re old.
• No wonder you don’t listen to your body—you can’t shut up for five seconds to listen to anything!
• Yes, like I’ve told you countless times before-the nervous system controls everything, that’s why you feel great after an adjustment.
• No, I don’t really know why that other chiropractor does the “Flying 7” on all their clients
• You’re the problem.
• No, I’m not making it hurt. It hurts already. I’m trying to fix this.
• Your attitude sucks. No wonder everything hurts.
• You’ve been coming to see me for years, but only when something hurts. The best I can do when you’re hurting is get you out of pain. Imagine if you came in when you’re not in pain—maybe we could really accomplish something then! (Oh, yeah—I do tell them this already!)
• You hate your (job/wife/kids) and you wonder why you’re having health issues?
• It’s not arthritis. Your doctor just wants you to shut up about that pain.
• Tell your doctor that I said he doesn’t know what the hell he is talking about!
• You’d be better off if you flushed all those medications down the toilet and started over.
• How’s that surgery worked out for you? What number surgery is that?
• A little bit of exercise isn’t going to kill you.

I know that makes me sound like i’m grumpy all the time, but that’s just not true. Most of my clients think that I’m just there to fix the pain, but I am freeing, directing life force-allowing it to flow freely throughout the body.

“I suffer for my art”

a client said this quote explains what I feel. I think it’s a bit harsh.

What would you say to YOUR people?

Live Long and prosper!

_Dan from http://theintuitivechiropractor.com

@ 57d1a264:69f1fee1

Knowledge - Pattern knowledge - Trend knowledge - A desire to learn more - A desire to explore good design

Experience - A sense of where to start/what will work - Good taste - Good judge of your own design and others’ - Comfortable working in many styles - Willing to have a strong opinion

Creativity - Novel ideas - Exhaustive exploration of options/approaches - Exhaustive iteration

Quality - A preference for quality - A preference to test designs - Open to feedback - Able to balance classical and expressive aesthetics - Able to balance aesthetics and usability - Obsessed with details - Rigorous

Technical skills - Good typography - Good composition/layout - Good colour choices - Good at some associated skills (e.g. prototyping, animation, imagery, writing) - Tool expertise

Wider picture - Informed by understanding of the product (e.g. research) - System thinking (how the work is connected to other things) - Product thinking (what makes a successful product) - Development thinking (how a design might be implemented) - Practical mindset when necessary - Believes in importance of accessibility

Communication - Able to articulate your design “feelings” - Able to explain design principles to others - Can clearly document/explain the design (e.g. specifications, mockups) - Good relationship-building, especially with developers - Able to “sell” a design idea

---

Read more about Anthony Hobday.

https://stacker.news/items/993319

@ c9badfea:610f861a

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Nametags

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Checklists

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@ b01749dc:d88bc196

Preâmbulo

Nós, membros voluntários desta ordem social, reconhecendo o autoproprietário como soberano sobre si mesmo e a propriedade adquirida legitimamente como extensão inviolável dessa soberania, instituímos esta constituição com o objetivo de garantir a paz, a justiça e a prosperidade em uma ordem de convivência livre, baseada exclusivamente na propriedade privada e no contrato voluntário.

---

Artigo I – Princípios Fundamentais

1. Autopropriedade: Todo indivíduo é o único e exclusivo proprietário de seu corpo.
2. Propriedade Legítima: A propriedade legítima deriva de:
3. Apropriação original (homesteading) de recursos não reivindicados através do uso produtivo.
4. Transferência voluntária por meio de contrato entre proprietários.
5. Não-Agressão: Nenhum ato de agressão física contra a propriedade de outrem é permitido, sendo a agressão definida como qualquer invasão não consentida da pessoa ou de sua propriedade.

---

Artigo II – Ordens Jurídicas e Defesa

1. Justiça Privada: A resolução de conflitos se dará por meio de agências privadas de arbitragem, justiça e defesa, contratadas voluntariamente.
2. Reparação e Restauração: A punição deve se concentrar na restauração do prejuízo causado à vítima. Não se permite punição sem vítima.
3. Proibição de Monopólios Coercitivos: Nenhuma entidade poderá estabelecer monopólio sobre justiça, segurança, moeda ou qualquer outro serviço sem o consentimento unânime dos afetados.

---

Artigo III – Associação Voluntária

1. Liberdade de Associação: Todos os contratos e comunidades são baseados em adesão voluntária. Qualquer indivíduo tem o direito de se dissociar de comunidades ou acordos sem coerção.
2. Propriedade Comum: Propriedades comuns existem apenas sob contrato explícito entre co-proprietários. O uso da propriedade comum deve seguir as regras contratuais estabelecidas por todos os participantes.

---

Artigo IV – Exclusão e Liberdade

1. Direito de Exclusão: O proprietário tem o direito de excluir qualquer pessoa de sua propriedade por qualquer motivo, sendo este um corolário do direito de propriedade.
2. Livre Entrada e Saída: Todos têm o direito de migrar, entrar ou sair de qualquer propriedade privada, desde que respeitem os direitos de propriedade de terceiros.

---

Artigo V – Moeda e Troca

1. Moeda Desestatizada: A moeda é um bem como qualquer outro e deve surgir espontaneamente no mercado, sem imposição central.
2. Tributação como Agressão: A cobrança compulsória de recursos é considerada uma violação da propriedade privada e, portanto, uma forma ilegítima de agressão.

---

Disposições Finais

• Nenhuma norma desta constituição poderá ser interpretada de forma a justificar qualquer violação da propriedade legítima.
• A sociedade aqui descrita não admite o conceito de “bem público” que não seja resultado de acordo contratual explícito entre partes privadas.

@ b1ddb4d7:471244e7

In the heart of East Africa, where M-Pesa reigns supreme and innovation pulses through bustling markets, a quiet revolution is brewing—one that could redefine how millions interact with money.

Enter Bitika, the Kenyan startup turning bitcoin’s complexity into a three-step dance, merging the lightning speed of sats with the trusted rhythm of mobile money.

At the helm is a founder whose “aha” moment came not in a boardroom, but at his kitchen table, watching his father grapple with the gap between understanding bitcoin and actually using it.

Bitika was born from that friction—a bridge between M-Pesa’s ubiquity and bitcoin’s borderless promise, wrapped in a name as playful as the Swahili slang that inspired it.

But this isn’t just a story about simplifying transactions. It’s about liquidity battles, regulatory tightropes, and a vision to turn Bitika into the invisible rails powering Africa’s Bitcoin future.

Building on Bitcoin

• Tell us a bit about yourself and how you got into bitcoin/fintech, and what keeps you passionate about this space?

I first came across bitcoin in 2020, but like many at that time, I didn’t fully grasp what it really was. It sounded too complicated, probably with the heavy terminologies. Over time, I kept digging deeper and became more curious.

I started digging into finance and how money works and realised this was what I needed to understand bitcoin’s objectives. I realized that bitcoin wasn’t just a new type of money—it was a breakthrough in how we think about freedom, ownership, and global finance.

What keeps me passionate is how bitcoin can empower people—especially in Africa—to take control of their wealth, without relying on unstable systems or middlemen.

• What pivotal moment or experience inspired you to create Bitika? Was there a specific gap in Kenya’s financial ecosystem that sparked the idea?

Yes, this idea was actually born right in my own home. I’ve always been an advocate for bitcoin, sharing it with friends, family, and even strangers. My dad and I had countless conversations about it. Eventually, he understood the concept. But when he asked, “How do I even buy bitcoin?” or “Can you just buy it for me?” and after taking him through binance—that hit me.

If someone I’d educated still found the buying process difficult, how many others were feeling the same way? That was the lightbulb moment. I saw a clear gap: the process of buying bitcoin was too technical for the average Kenyan. That’s the problem Bitika set out to solve.

• How did you identify the synergy between bitcoin and M-Pesa as a solution for accessibility?

M-Pesa is at the center of daily life in Kenya. Everyone uses it—from buying groceries to paying rent. Instead of forcing people to learn new tools, I decided to meet them where they already are. That synergy between M-Pesa and bitcoin felt natural. It’s about bridging what people already trust with something powerful and new.

• Share the story behind the name “Bitika” – does it hold a cultural or symbolic meaning?

Funny enough, Bitika isn’t a deeply planned name. It came while I was thinking about bitcoin and the type of transformation it brings to individuals. In Swahili, we often add “-ka” to words for flair—like “bambika” from “bamba.”

So, I just coined Bitika as a playful and catchy way to reflect something bitcoin-related, but also uniquely local. I stuck with it because thinking of an ideal brand name is the toughest challenge for me.

• Walk us through the user journey – how does buying bitcoin via M-Pesa in “3 simple steps” work under the hood?

It’s beautifully simple.

1. The user enters the amount they want to spend in KES—starting from as little as 50 KES (about $0.30).

2. They input their Lightning wallet address.

3. They enter their M-Pesa number, which triggers an STK push (payment prompt) on their phone. Once confirmed—pap!—they receive bitcoin almost instantly.

Under the hood, we fetch the live BTC price, validate wallet addresses, check available liquidity, process the mobile payment, and send sats via the Lightning Network—all streamlined into a smooth experience for the user.

• Who’s Bitika’s primary audience? Are you focusing on unbanked populations, tech enthusiasts, or both?

Both. Bitika is designed for everyday people—especially the unbanked and underbanked who are excluded from traditional finance. But we also attract bitcoiners who just want a faster, easier way to buy sats. What unites them is the desire for a seamless and low-barrier bitcoin experience.

Community and Overcoming Challenges

• What challenges has Bitika faced navigating Kenya’s bitcoin regulations, and how do you build trust with regulators?

Regulation is still evolving here. Parliament has drafted bills, but none have been passed into law yet. We’re currently in a revision phase where policymakers are trying to strike a balance between encouraging innovation and protecting the public.

We focus on transparency and open dialogue—we believe that building trust with regulators starts with showing how bitcoin can serve the public good.

• What was the toughest obstacle in building Bitika, and how did you overcome it?

Liquidity. Since we don’t have deep capital reserves, we often run into situations where we have to pause operations often to manually restock our bitcoin supply. It’s frustrating—for us and for users. We’re working on automating this process and securing funding to maintain consistent liquidity so users can access bitcoin at any time, without disruption.

This remains our most critical issue—and the primary reason we’re seeking support.

• Are you eyeing new African markets? What’s next for Bitika’s product?

Absolutely. The long-term vision is to expand Bitika into other African countries facing similar financial challenges. But first, we want to turn Bitika into a developer-first tool—infrastructure that others can build on. Imagine local apps, savings products, or financial tools built using Bitika’s simple bitcoin rails. That’s where we’re heading. 

• What would you tell other African entrepreneurs aiming to disrupt traditional finance?

Disrupting finance sounds exciting—but the reality is messy. People fear what they don’t understand. That’s why simplicity is everything. Build tools that hide the complexity, and focus on making the user’s life easier. Most importantly, stay rooted in local context—solve problems people actually face.

What’s Next?

• What’s your message to Kenyans hesitant to try bitcoin, and to enthusiasts watching Bitika?

To my fellow Kenyans: bitcoin isn’t just an investment—it’s a sovereign tool. It’s money you truly own. Start small, learn, and ask questions.

To the bitcoin community: Bitika is proof that bitcoin is working in Africa. Let’s keep pushing. Let’s build tools that matter.

• How can the bitcoin community, both locally and globally, support Bitika’s mission?

We’re currently fundraising on Geyser. Support—whether it’s financial, technical, or simply sharing our story—goes a long way. Every sat you contribute helps us stay live, grow our liquidity, and continue building a tool that brings bitcoin closer to the everyday person in Africa.

Support here: https://geyser.fund/project/bitika

@ c230edd3:8ad4a712

Chef's notes

Most Santa Maria tri tip roast recipes call for red wine vinegar and dijon mustard. I prefer other ingredients in place of those, but should you like those flavors and textures, they are more traditional.

Keep in mind when cooking and slicing, that the grain of tri-tip runs in 3 directions and the meat is unevenly thick. Pulling the roast when the thin end achieves well done, the thicker end will be a nice medium rare. When slicing, change direction to cut against the grain as you transition through for the most tender outcome.

Details

• ⏲️ Prep time: 10 minutes
• 🍳 Cook time: 1 hour ( with grill heating time)
• 🍽️ Servings: 4-6

Ingredients

• 1.5 - 2 lb Tri-Tip Roast
• 1 Tbsp Kosher Salt
• 1 tsp Black Pepper
• 1 tsp Cayanne Pepper ( substitute all or some with smoked paprika for a milder taste)
• 1 tsp Garlic Powder
• 1 tsp Onion Powder
• 1 Tbsp Rosemary
• 2 Tbsp Stone Ground Mustard
• 1 Tbsp Rice Vinegar
• 2-3 Cloves Garlic, Minced

Directions

1. Mix all dry spices.
2. Pat the roast dry and coat on all sides with seasdoning mix.
3. Cover loosely and allow to sit in fridge for 8-12 hours.
4. Preheat grill to 475 degrees F, allow meat to sit at room temp during this process.
5. Mix vinegar, mustard, and minced garlic.
6. Place meat on hot grill, fat side down and coat the upward side with mustard mix
7. Grill approximately 7-10 minutes.
8. Flip meat, repeat coating and grilling.
9. Flip once more and grill for 2-3 minutes to caramelize the glaze and until the fat begins to render.
10. Remove from grill and let the roast rest for 5 minutes before slicing,
11. Serve with grilled veggies or any side of your choice. This is a bit spicy so it goes well with a salsa fresca and tortillas, too.

@ da8b7de1:c0164aee

A Tennessee Valley Authority benyújtotta az első amerikai BWRX-300 SMR építési kérelmet

A Tennessee Valley Authority (TVA) hivatalosan is benyújtotta az amerikai Nukleáris Szabályozási Bizottsághoz (NRC) a GE Vernova Hitachi Nuclear Energy BWRX-300 kis moduláris reaktor (SMR) építésére vonatkozó kérelmet a Clinch River telephelyen. Ez jelentős lépés az SMR-ek amerikai bevezetésében, és jól mutatja a fejlett nukleáris reaktortechnológiák kereskedelmi hasznosításának lendületét. A BWRX-300-at úgy tervezték, hogy rugalmas, skálázható nukleáris energiamegoldást kínáljon, amely széles körben alkalmazható lehet az USA energiaszektorában.

A NuScale előrehaladott tárgyalásokat folytat SMR telepítésekről 2030-ig

Az amerikai NuScale Power nukleáris reaktorvállalat előrehaladott tárgyalásokat folytat több potenciális ügyféllel SMR technológiájának telepítéséről, és akár 2030-ra működő erőművet szállíthat. A korai alkalmazók között lehetnek adatközpontok, nehézipari szereplők és közművek is, ami jól mutatja az előrehaladott nukleáris megoldások iránti növekvő érdeklődést különböző energiaigényes ágazatokban. Ez a fejlemény kiemeli az SMR-ek növekvő szerepét a globális dekarbonizációs és energiabiztonsági stratégiákban.

Nemzetközi fókusz: érintetti bevonás és munkaerő-fejlesztés

Az IAEA Nemzetközi Konferenciája a Nukleáris Energia Programok Érintetti Bevonásáról ma zárult, ahol kiemelték az átlátható kommunikáció jelentőségét a nukleáris hulladékkezelés és vészhelyzetek során. A konferencia hangsúlyozta a diverzifikált, magasan képzett nukleáris munkaerő fejlesztésének stratégiáit is, beleértve az oktatási partnerségeket és a célzott képzéseket a hátrányos helyzetű csoportok számára. Ezek a témák globális szinten is elismerik, hogy a közbizalom és a tehetséggondozás kulcsfontosságú a nukleáris energia jövőbeni sikeréhez.

Globális politikai változások és piaci trendek

Az elmúlt hetekben több országban jelentős politikai változások történtek:

• Belgium visszavonta a 2003-as atomerőmű-lezárási törvényt, így ismét lehetőség nyílik új nukleáris létesítmények építésére.
• Dánia újraértékeli évtizedek óta fennálló nukleáris tilalmát, és új elemzést rendelt a nukleáris energia lehetséges szerepéről.
• Vietnam és más országok is előrehaladott tárgyalásokat folytatnak új atomerőművek építéséről.
• Az Európai Bizottság előkészíti az orosz nukleáris energiaimport fokozatos kivezetését, és hamarosan új jogszabályjavaslatokat terjeszt elő.
• Az Egyesült Államokban a 2026-os költségvetési év elnöki javaslatában csökkentik a Nukleáris Energia Hivatal finanszírozását, ugyanakkor regionális együttműködési megállapodásokat írnak alá a fejlett nukleáris technológiák támogatására a Mountain West régióban.

Kína tíz új atomerőművi reaktort hagyott jóvá

Kína Államtanácsa jóváhagyta tíz új atomerőművi reaktor építését öt projekt keretében, köztük nyolc Hualong One egységet. Ezek a projektek jelentős bővülést jelentenek Kína nukleáris kapacitásában; az előkészületek már zajlanak, a tényleges építkezések a hatósági engedélyek után indulnak. Ez is mutatja, hogy Kína elkötelezett a nukleáris energia mellett, mint a tiszta energiaellátás egyik alappillére.

Iparági kilátások: optimizmus és befektetések

Az iparág vezetői egészséges, optimista képet festenek a nukleáris szektorról: az Egyesült Államokban (például TerraPower és X-energy) aktív projektek zajlanak, Lengyelországban új partnerségek születnek, és nő a magánbefektetés a fejlett nukleáris üzemanyaggyártásban. Emellett egyre nagyobb várakozás övezi, hogy a Világbank hamarosan megváltoztathatja politikáját, és lehetővé teheti a nukleáris projektek finanszírozását, ami további globális beruházásokat indíthat el a szektorban.

További információk:

• world-nuclear-news.org
• nucnet.org
• iaea.org
• ans.org
• energy.gov

@ d360efec:14907b5f

@ 812cff5a:5c40aeeb

NIP-02 — أنماط المفاتيح العامة

رقم التعريف (NIP): 02
العنوان: أنماط المفاتيح العامة
الحالة: نهائي
المؤلف: fiatjaf
التاريخ: 2020-12-10

---

الملخص

يقترح هذا المستند نمطًا معياريًا لطريقة تمثيل المفاتيح العامة (public keys) في نُستر — يُعرف باسم npub — لتسهيل مشاركتها وقراءتها من قبل البشر، تمامًا كما يتم تمثيل عناوين البيتكوين بـ bech32.

---

التنسيق المقترح

نقترح استخدام bech32 لترميز المفاتيح العامة، حيث يكون التنسيق كالتالي:

npub1<سلسلة bech32>

على سبيل المثال:

npub1qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqzv9sx

هذا الشكل يمكن نسخه بسهولة، والتعرف عليه بصريًا، والتعامل معه دون الوقوع في أخطاء النسخ الشائعة للمفاتيح بصيغ hex.

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السبب

• الشكل hex التقليدي للمفاتيح العامة (مثل 32e...af1) صعب القراءة.
• bech32 أسهل للمشاركة عبر الرسائل أو الوسائط الاجتماعية.
• وجود بادئة npub1 يوضح فورًا أن السلسلة تمثل مفتاحًا عامًا في نظام نُستر.

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ملاحظات إضافية

• نفس المبدأ يُستخدم أيضًا مع أنواع أخرى مثل note (لتمثيل معرفات الأحداث) وnsec (للمفاتيح الخاصة).
• هذه الصيغ لا تغيّر البيانات الأصلية، بل فقط تمثلها بطريقة أسهل وأكثر أمانًا للبشر.

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الخلاصة

npub هو معيار لتنسيق المفاتيح العامة باستخدام bech32، مما يجعلها أكثر قابلية للقراءة والاستخدام من قبل البشر.
يُوصى بأن تستخدم جميع تطبيقات نُستر هذا النمط عند عرض أو مشاركة المفاتيح العامة.

@ 5ea46480:450da5bd

Neutrality can be a confusing notion. It implies some sort of a-political position, yet neutrality is in itself a political position. But what it means, or how neutrality expresses itself is in a lack of bias or preference; it is the act of non-decision where we see neutrality. As a result, some conflation can occur, because this ‘non-decision’ can be the result of two things: Either being in the position to decide, but choosing not to, what we can perhaps call ‘active neutrality’. Or, the sheer inability to express and actuate preference, where we could call that ‘passive neutrality’.

The Internet Corporation for Assigned Names and Numbers, aka ICANN, is an actively (for the most part) neutral institution. It has all the power and control to express its preferences, and censor basically all the relevant and most actively used parts of the world wide web. But it doesn’t (for the most part), because we recognize the value of this neutral stance. The only reason they are actively instead of passively neutral, is due to technical reasons; we simply don’t know of any workable way to remove the controlling body from the system, and we would if we could. Instead we encapsulated it in all kinds of power obscuring institutions and structures to mitigate the issue.

The reason the controlling body has to exist, is because the objective is a ‘global state’ (global as it is understood in programming, meaning as much as ‘overarching’). The point is that google.com, means/refers to the same thing wherever you are. The added value of some simple human readable and memorable address ‘google.com’ falls apart the moment it becomes inconsistent. The only way to ensure this, is to put a single entity in charge. We employ these ‘global states’ in all kinds of places in society, often with geographical boundaries we call ‘jurisdictions’, but at the very least you know where those lines are drawn and can therefor know what to expect.

There is one exception to this ‘rule’ that ‘global state’ requires a single entity to be in charge: Bitcoin. It is the whole crux of the system; on the one hand we require ‘global state’ in order to have consistent accounting, but on the other hand we did not want anyone to be in charge. The goal of Bitcoin was neutrality, and it found it by capturing ‘passive’ variant by making the system ‘permissionless’. Now it is crucial to understand that non of Bitcoins attributes are intrinsic, but instead are emergent and the result of human action. Also, Bitcoins ‘global state’ is stupendously expensive and does not scale. The fact that those things were not properly understood is what lead to the BlOcKcHaIn hype, believing this passively neutral global state could be implemented outside the realms of money. But this piece is not about Bitcoin, or blockchains for that matter.

The reason I talk about them, is to point out that this passive neutrality is an emergent property not actually found within the system at all. You as user still rely on a third party in what we call miners, and those miners are free to be as biased and non-neutral as they want; in fact we sort of rely on them to be biased towards money. You don’t get your transaction confirmed because a miner likes you, but because you sufficiently bribed him to do so. And Bitcoin’s censorship resistance relies on the hope that such bribes will at least appeal to some miner out there. Bitcoin’s neutrality is the result of there ultimately not being any one particular actor with the ability actuate its preference over time, regardless of the fact that they are able to do so in moments of time.

Nostr does something similar, just without the whole global state thing. It is not neutral because of the good graces of some overlord, it actually recognizes the foolishness of such an effort and lets anyone be as biased an non-neutral as they want, with one simple exception. The only expectation of neutrality is with clients that they adhere to the protocol and actually let users connect to whatever relay they want and produce events that other clients are capable of interpreting, i.e. that they be interoperable. But hopefully because the system is permissionless, some people decide to make such clients, and users decide to use them, instead of willfully locking themselves up. It has to be remarked that humanity does not have the greatest track-record in this regard, but the incentives behind interoperability gives us a fighting chance at least.

Nostr’s neutrality is an emergent property that is the result of human action; it relies on people setting up relays, and people making decisions on what relays they use. The type of neutrality is of the passive kind. The protocol does not provide a public space as such, it just allows you to navigate a potentially vast amount of private spaces; the commons is the connective tissue, and it is this connective tissue that is ‘neutral’. What it boils down to, is that you don’t have to ask permission to ask whomever you want to ask for permission. And in the most desperate moment, you can always resort to asking yourself for permission; I am sure you will comply with such a request.

@ 5ea46480:450da5bd

Understanding or grasping Nostr can be deceptively difficult. At the very least it is non-trivial. At first glance, looking at NIP-01, the protocol is rather straight forward. But those are just the basics; yes the beauty of Nostr is its ‘simplicity’, but that does not mean the system that results from it is not complex. Conway's Game of Life only has a hand full of rules, yet you can, in theory at least, create any complex system imaginable. And this is where the deception lies; the less you define from the outset, the more you imply on what follows.

It appears that as it stands, Nostr suffers from this deceptiveness. You can reason through all these implications, but that is still an exercise that has to be performed and where mistakes can be made. Worse, this exercise has been a group effort from the start that is still in progress. Currently there is no clear cut ‘authoritative’ example of all the implications that have been ‘discovered’ thus far.

A good example of the implications following Nostr’s primitives is what we now refer to as the ‘outbox model’. The reason we ‘now’ refer to it as such, is because initially it was called the ‘Gossip model’ derived from the client that first implemented the idea. Outbox is fundamental to Nostr, but it was never explicitly stated in the initial protocol description. The result is that roughly five years into this Nostr endeavor, it is still not universally implemented; worse yet, some developers appear to be in no rush to do so. Now the reason they will give you is probably one based on priority, yet I can’t shake the feeling that they apparently don’t ‘get it’.

My point here is not to play some blame game or hold anyone to account. I am just concluding they don’t actually get the new paradigm that we have all stumbled into. To expand on this specific outbox example, its significance only becomes really apparent further along in the ‘reasoning through all the implications’ exercise. In relation to one aspect, but there are more: The point is not ‘just’ censorship-resistance for users, but the freedom for relays that comes with it to apply whatever policy on what they store and make available; it is this discrimination or curation that can add value by making finding relevant information easier in a straightforward manner. But it relies on outbox to avoid isolation; something that only becomes apparent once you are reasoning through all the implications on how we discover and consume content.

To be clear, this piece is not supposed to a crusade on the outbox model, my point here is that there is an inherent logic to Nostr stemming from putting cryptography front and center. It is a logic that has to be applied and will subsequently carry you through all the challenges we face in reconstructing the entirety of the web. This is not to say there is only one obvious path, and different schools of thought are bound to emerge. But it behooves us all, faced with this new paradigm, to continuously reflect on the mental image we have cultivated of what Nostr is; actively re-performing that exercise of exploring the implications this simple set of protocol rules creates.

Unfortunately I can not escape my own folly. After all, I am just an armchair asshole that never wrote a single line of code in his life. Obviously this minds-eye bullshit is not even half the story, the bulk of the effort is translating it into software, the tangible, the real. It is in that effort ultimately the real exploration of this paradigm occurs. All I can do is build castles in the sky.

@ 14206a66:689725cf

We’ve all been there, you’re locked in, desperately fighting with spreadsheets, the dishwasher’s going, and a banana cake is in the oven. Suddenly, all goes quiet, lights are off, oven’s off, PC dead as a doorknob. You check the fusebox, it’s fine. Must be a blackout. Usually, the power comes back on after 30 minutes to an hour, but you’re left standing there wondering what happened. 

We’ve just seen a country-wide scale event like this, which was much more extreme. On 28th April, the Iberian Peninsula experienced a catastrophic breakdown of the grid (see here).

Power was off for several days. I won’t dig into the details of this particular event; doing so is way beyond my pay grade. Suffice it to say it follows the ideas I want to introduce in this article.

We’ll begin with the simplest model I can think of, getting to grips with the issue from first principles. Then I’ll walk through how the basic premise scales up the Australian grid (or at least the east coast, the NEM), before introducing the shadowy supergeniuses in control of it all (AEMO) and one of the most important market mechanisms they use - Frequency Control Ancillary Services (FCAS). 

Part one: First principles

Imagine a way-over-simplified system with a single source of power and a single load. Our source of power is just a battery that produces 10MW of power at an assumed 1000V. The battery has no rotating components. It is connected to a very basic inverter. The inverter is designed to produce 50 Hz AC power; however, let's imagine it has no sophisticated voltage controls or protections (unlike real inverters). All that our inverter comprises is a basic switching and timing circuit.

This specific frequency of 50 Hz is a fundamental design standard for almost all AC electrical equipment. Just like a clock needs to tick at a precise rate to tell accurate time, electrical devices like motors rely on the AC power cycling exactly 50 times per second. If the frequency deviates too much, it can cause motors to speed up or slow down incorrectly, or sensitive electronics to malfunction. Our simple inverter, despite its limitations, is designed to produce 50 Hz because that's what the heater and any other AC device expect.

Our load is a large but mechanically simple industrial heater. It has a large coil that produces heat by running a current through it. Importantly, the heater has a dial to adjust temperature (which can change its power consumption). The heater is currently set to draw 10MW of power.

That’s the start, with a simplified system in equilibrium, all is well. The heater is producing heat, and you can make up your own story about what the heat is used for. The important point is that the voltage, current, and frequency are all stable.

Next, the foreman operating the heater turns the dial up to increase the heat output. Assume the heater now wants to draw 20MW of power. We’re simplifying, so also assume that in this instant, the voltage remains at 1000V.

To draw this much power, the heater now has to draw more current (because power = voltage x current, it’s the rules). Since we assumed the voltage remains at 1000V, there is an instantaneous demand for more power from the battery than it was previously supplying.

The battery now attempts to supply this current, which means the current must flow through the battery’s components, the inverter’s components, and the wire connecting the battery to the heater. All of these physical components have resistance. This means the actual voltage the heater receives will be lower than 1000V.

Now that the heater is receiving voltage lower than 1000V, things start to go wrong. The power consumed by the heater is proportional to the square of the voltage across it (rules are rules), so power = voltage^2 / resistance. Following this rule, since the voltage has decreased, then that means the actual power the heater draws will be less than the 20MW desired. For example, it might only draw 15MW, but it depends on the resistances in all the components, which we haven’t set.

Things just get uglier. The battery and inverter are operating under extreme stress, trying to deliver the higher current demanded, but at reduced voltage. Inside the inverter and the battery, the components start getting hot (rules, again). Since we assumed the battery and inverter are super simple, the inverter can't adjust its power output based on actual grid conditions (like a sophisticated one would); it can only fail. Then the heater goes out, and the foreman gets mad; it’s just a bad day all around. 

The fix: add a spinny thing.

Reimagine the situation just as before, but now, instead of a battery, imagine the source of power is a contemporary synchronous generator system. Say it’s a hydro plant, where the spinning turbine is directly connected to the grid. This generator, unlike the battery-inverter, inherently uses its large rotating mass to move a metal rod up and down inside a magnetic coil and produces AC power. Importantly, it synchronises with our system’s required 50 Hz rhythm.

In this case, the story proceeds as before. When the foreman turns the heater dial up the heater wants to draw 20MW. In this case, the increased current flows through the impedance of the generator’s internal components and the wire. Just as before, this causes an immediate, rapid voltage drop at the heater’s terminals. In that instant, the heater will not get its desired 20MW because the voltage is too low.

Since the generator’s power output is less than the load demand, the lack of energy causes the rotating mass of the generator to decelerate (energy is conserved), and the frequency of the AC power in the system drops below 50 HZ. Because the generator’s turbine is a large mass, it has substantial inertia (pesky rules again), so the drop in frequency happens much more slowly than in our first story, and there is no catastrophic failure of the system. Instea,d this inertia buys time for the system to react.

The reaction comes from the manager of the generator. In the real world, this is a piece of software called a governor, but it’s useful to imagine it’s a person. The manager sees the drop in frequency and presses some buttons to let more water flow to the turbine, the frequency climbs back to 50 HZ and the power output of the generator increases.

Then the heater gets its required 20MW of power at 1000V and 50Hz, and the foreman is happy, everyone’s happy, it’s just a good time.

Frequency, in this simple system, indicates power imbalances and triggers the manager of the generator to respond. Equally, we could have assumed the foreman can be notified that he shouldn’t increase the heater’s dial - we can manage the imbalance either on the supply (generator) or demand (heater) side, or a mix of both. 

This hints at a crucial question: how the hell do we coordinate this? Even with just a single load and a single generator, what sort of contracts would the foreman and generator manager need to keep everything running?

Part deux: AEMO, the not-so-invisible hand coordinating the market

Above is a story of a system with one load and one generator, without protections for the management of voltage or frequency. I walked through how this simple system could suffer a catastrophic breakdown as a result of the load increasing. Followed by a slight added complexity, which solves the issue. 

Everything that applies in the simplified model also applies in the real world; the basic principles scale up and create complex incentives, coordination, and knowledge problems. 

In my simple story, there was a manager in charge of the generator and a foreman in charge of the heater. In the much more complex National Electricity Market (NEM), there’s a third main actor: Australian Energy Market Operator (AEMO, because it operates the energy market, perfect naming convention). Among a host of competing priorities, AEMO has one role we’re particularly interested in: making sure we have a good time, i.e making sure the grid is stable. How it does so is the economics bit.

The NEM covers a huge geographic area (all the way up the East Coast from South Australia up to North Port Douglas). Within the vast area it covers are around 10 million customer connections (source). AEMO provides an interactive map that shows you how many substations there are - lots! 

here's a map from AEMO

With all those connections and interconnections, the only constant is change. Strong winds can suddenly break connections, generators can trip for a host of reasons, and sometimes physics just says “no”.

On the flip side, sometimes large loads connect unpredictably and want instant power to be available. The physics says supply must equal demand or things get bad, so how does AEMO make sure supply equals demand?

In short, dispatch instructions. AEMO coordinates the supply-side market participants using signals to their control rooms. The economics of it could be summed up as: AEMO is a visible hand trying to approximate the role of Smith’s invisible hand in the market*.

Though not the focus of my current article, dispatch can be (over)simplified as follows: Every five minutes, generators send an offer to AEMO containing a price-quantity pair for power output. AEMO sorts the offer from lowest price to highest and matches supply to forecasted demand, starting from the lowest offer to create a dispatch interval/dispatch window, within system constraints. Importantly, generators all receive the highest marginal price (spot price) of all offers within the dispatch interval. Then, all generators included in the dispatch interval receive revenue equal to their power dispatched times the spot price.

So, assuming the system is in balance. This plays out, and everyone’s happy. But that’s not guaranteed in such a complex interconnected system like the NEM. So, what happens if, after offers are placed and power is scheduled, a generator suddenly trips off (cutting supply) or a large load connects unexpectedly (rapidly ramping up demand)?

AEMO needs some sort of backup power supply or backup demand as a contingency for when imbalances happen. One of such contingencies is what we call this service provision Frequency Control Ancillary Services (FCAS). So named because AEMO uses system frequency to understand where, when, and how much extra supply or demand (load) is required to return the system to the normal stable operation. 

But AEMO doesn’t own any generators, batteries, or large loads itself. So, how does it get them? Someone came up with the idea that you can sell backup supply or demand (load) to AEMO, for a fee. This idea implies that AEMO has to find the right incentives to bring backup supply or backup demand (load) online in a flash.

There’s a market for that! 

Actually, there are eight markets, but we’re simplifying.

To procure FCAS, AEMO runs a similar auction process to the market for power. Participants submit bids to AEMO every five minutes, containing a service type and availability across up to 10 price bands. The service type is one of: increase/decrease frequency in one of the three time intervals.

AEMO then considers all bids and finds the least-cost solution that meets all system requirements, matching the supply of FCAS to the demand for FCAS. Just like in the market for power, AEMO orders the FCAS bids into a “merit order” based on price for each service type (lowest price to highest price). It then decides which bids it will accept and pays all accepted bids the highest marginal price of all accepted bids. This creates a price signal for FCAS in the market.

The design has obvious intentions: FCAS suppliers win big if they can be super low cost while their competitors are high cost. 

Just like in the market for power, once bids are accepted, AEMO sends a signal to the control panels of the FCAS participants. 

You can see how , by following this process, AEMO acts to approximate the emergent order (or invisible hand) of a market by creating price signals for both power supply as well as FCAS. Then, physically matching those price signals with the actual power flows using a (pretty amazing, honestly) control scheme. 

The idea that AEMO is only approximating the invisible hand is important; I’ll explore that more deeply in future articles.

That’s the physics and market mechanisms in a nutshell. But who sells FCAS to AEMO, and what about the mullah, dollars, buckerinos, fat stacks?

Part tres: How big is the market

Firstly, who can participate in the FCAS market? As far as I understand, it’s quite open; if you invent a device that meets the standards and go through the application process, then you can participate. AEMO’s concern is system stability, so from their POV, any particular device is fair game as long as you meet the engineering standards. 

One common example is certain electricity retailers who use their customers’ hot water cylinders as a demand response. By sending an electrical signal to your hot water cylinder, the company can turn it off for a short period, reducing demand (load). There’s a complex “annoyance cost” paid by the consumer of their hot water cylinder being turned off, but then that’s balanced against potentially lower bills as the electricity retailer can substitute FCAS revenue. 

Another example is grid-scale batteries; these can build or release charge on a whim. For batteries, the incentives are about whether their charge is worth more in the spot market or in the supply response FCAS market. If the battery is connected to a facility like a solar plant, then the incentives get more complex; is it worth selling power instantly or building charge in the battery for potential spot market or FCAS later? Add in a futures market and you just get more complexity.

A final, still emerging, example is bitcoin miners, these are basically just computers. These machines can be powered up or down relatively quickly and easily with little ill physical effects, and no ill effects to the Bitcoin network or protocol. When they are powered up, they earn a stream of income for the owners in the form of bitcoin.

This creates an interesting dynamic when bitcoin miners participate in the FCAS market; their FCAS bid, all else equal, should be at least the value of the opportunity cost of not mining bitcoin.

A completely unanswered question is what happens if bitcoin mining becomes a large proportion of FCAS? Consider a case where the FCAS from bitcoin miners drops out of the market because bitcoin fees spike and miners find it more profitable to mine rather than provide FCAS.

Alright, but the money! Surely FCAS is lucrative?

AEMO publishes data on FCAS. The most readily understandable data is the payment data. This is, as the name suggests, how much AEMO paid to FCAS participants over the eight service types (and in each State/Territory in the NEM) each month. This is the raw revenue of FCAS market participants. One way to think of it is as the cost of stability. 

In total, FCAS payments have been about $39 million this year (up to week 20, which ended May 18). 

AEMO has also provided total revenue for FCAS from batteries in the NEM, specifically in its Quarterly Energy Dynamics - Q1 2025, covering 1 January to 31 March 2025 report. This data suggests that batteries in the NEM have earned $69 million in 2024, which is 42.9 percent of all FCAS costs. This is remarkable to me, because grid-scale batteries are relatively new to the market as compared to other generation and storage technologies. 

The cause lies in the fact that batteries can* *have a low marginal cost to charge and discharge, so the fact that they captured such market share this fast highlights the idea that he who produces FCAS cheapest wins.

This data release also contains aggregate FCAS costs for all states. The data tells us that in 2024, total FCAS costs were $161 million.

The fact that there is such a healthy pot up for grabs speaks to the fragility of our grid, but also to the resilience; it's a strange duality.

With continued investment in solar generation, because such systems have little to no inertia, we could see increased frequency excursions (technical term for being out of range). Engineers are busy solving this using inverters, which simulate inertia. These are genius, but such innovations take time (and standards) to be adopted.

Then there’s the question of critical infrastructure risk - how tolerant can we be of instability when datacenters mining Bitcoin and running AI models are on the line

At the risk of repeating myself, the whole construction is very much a visible hand trying to approximate what Adam Smith’s invisible hand might do. 

Fin

Full disclosure, I do use AI (Gemini specifically) to help me research, learn, and write my articles, but I go over everything multiple times to make it my own voice and reflect my own ideas.

*Adam Smith described the idea of an invisible hand, which directs the market, coordinating people's desires, as a metaphor to explain how people in a market somehow end up serving each other's best interests even without directly communicating.

@ 5ea46480:450da5bd

Decentralization refers to control/power, and relates to censorship resistance. That is it, it is not more complicated then that. Resilience is a function of redundancy; a centralized censored system can have a redundant set-up and therefor be resilient.

Take Bitcoin; the blockchain is a central database, it is resilient because it has many redundant copies among a lot of different nodes. The message (txs and blocks) propagation is decentralized due to existence of a p2p network among these nodes, making the data distribution censorship resistant (hello op_return debate). But onchain transactions themselves are NOT p2p, they require a middlemen (a miner) because it is a central database, as opposed to something like lightning which is p2p. Peer to Peer says something about relative architectural hierarchical position/relation. P2P provides censorship resistance because it entails equal power relations, provided becoming a peer is permissionless. What makes onchain transactions censorship resistant is that mining is permissionless, and involves this open power struggle/game where competition results in a power distribution among players, meaning (hopefully) decentralization. The fact users rely on these middlemen is mitigated by this decentralization on the one hand, and temper-proofing via cryptographic signatures on the other, resulting in what we call trustlessness (or trust minimization for the autists in the room); we only rely on a miner to perform a job (including your tx into a block), but we don’t trust the miner to perform the job correctly, this we can verify ourselves.

This leads us to Nostr, because that last part is exactly what Nostr does as well. It uses cryptography to get tamper-proof messaging, which then allows you to use middle-men in a trust minimized way. The result is decentralization because in general terms, any middle man is as good as any other (same as with miners), and becoming such a middleman is permissionless(somewhat, mostly); which in turn leads to censorship resistance. It also allows for resilience because you are free to make things as redundant as you'd like.

Ergo, the crux is putting the cryptography central, making it the starting point of the system; decentralization then becomes an option due to trust minimization. The difference between Bitcoin an Nostr, is that Bitcoin maintains a global state/central ledger and needs this PoW/Nakamoto consensus fanfare; Nostr rests itself with local perspectives on 'the network'.

The problem with the Fediverse, is that it does not provide trust minimization in relation to the middlemen. Sure, there are a lot different servers, but you rely on a particular one (and the idea you could switch never really seemed to have materialized in a meaningful way). It also fails in permisionlessness because you rely on the association between servers, i.e. federation, to have meaningful access to the rest of the network. In other words, it is more a requirement of association than freedom of association; you have the freedom to be excommunicated.

The problem with ATproto is that is basically does not solve this dynamic; it only complicates it by pulling apart the components; identity and data, distribution and perspective are now separated, and supposedly you don’t rely on any particular one of these sub-component providers in the stack; but you do rely on all these different sub-component providers in the stack to play nice with each other. And this ‘playing nice’ is just the same old ‘requirement of association’ and ‘freedom of excommunication’ that looms at the horizon.

Yes, splitting up the responsibilities of identity, hosting and indexing is what is required to safe us from the platform hellscape which at this stage takes care of all three. But as it turns out, it was not a matter cutting those up into various (on paper) interchangeable middlemen. All that is required is putting cryptographic keys in the hands of the user; the tamperproofing takes care of the rest, simply by trust minimizing the middlemen we use. All the sudden it does not matter which middlemen we use, and no one is required to play nice; we lost the requirement of association, and gained freedom of association, which was the purpose of censorship resistance and therefor decentralization, to begin with.

@ cae03c48:2a7d6671

Bitcoin Magazine

Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous”

At the 2025 Bitcoin Conference in Las Vegas, the Director of Bitcoin Beach Mike Peterson, the Presidential Advisors of Building Bitcoin Country El Salvador Max & Stacy and the Mayor City of Panama Mayer Mizrachi discussed Bitcoins future in Panama.

At the beginning of the panel, Is Panama Next? El Salvador Leading The Region For Bitcoin Adoption, Mayor Mizrachi started by mentioning, “We accept Bitcoin. The city gets paid in Bitcoin, but it receives in dollars through an intermediary processing, payments processor. Bitcoin is not just safe. It’s prosperous.”

Max commented about the scammers in crypto and how El Salvador is managing it.

“We did a couple of things early on, one was to create The Bitcoin Office which will be directly reporting to the President, and then also we passed a law which will say bitcoin is money and everything else is an unregistered security,” said Max.

Mike Peterson stated, “the access of Bitcoin in Central America to do battle against the globalists that have always looked at the regionist back yard. This is intolerable and this is going to change right now.” After Mizrachi commented, “Imagine yourself in an economic block powered by El Salvador, supported by Panama and the rest will come.”

Stacy reminded everybody about El Salvador’s School system. 

“El Salvador is the first country in the world to have a comprehensive public school financial literacy education program from 7 years old,” mentioned Stacy. “These are little kids, learning financial literacy.”

Max ended the panel by saying, “the US game theory right? Because the US wants to buy a lot of Bitcoin, so if Panama wants to buy a lot of bitcoin then it helps everybody in the US. This is the beautiful expression of game theory perfectly aligned in the protocol that is changing the world that we live in. And on the street level what bitcoin does to the population is to go from a spending mentality to a saving mentality.”

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:

This post Panama City Mayor Mizrachi: “Bitcoin Is Not Just Safe, It’s Prosperous” first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ cae03c48:2a7d6671

Bitcoin Magazine

The Debt Train Has No Brakes: Lyn Alden Makes the Case for BTC at Bitcoin 2025

“Nothing stops this train,” Lyn Alden initially stated at Bitcoin 2025, walking the audience through a data-rich presentation that made one thing clear: the U.S. fiscal system is out of control—and Bitcoin is more necessary than ever. 

Her first chart, sourced from the Federal Reserve’s FRED database, displayed a stark decoupling: the unemployment rate is down, yet the fiscal deficit has surged past 7% of GDP. “This started around 2017, went into overdrive during the pandemic, and hasn’t corrected,” Alden said. “That’s not normal. We’re in a new era.” 

She didn’t mince words. “Nothing stops this train because there are no brakes attached to it anymore. The brakes are heavily impaired.

Why should Bitcoiners care? Because, as Alden explained, “it matters for asset prices—especially anything scarce.” She displayed a gold vs. real rates chart that showed gold soaring as real interest rates plunged. “Five years ago, most would have said Bitcoin couldn’t thrive in a high-rate environment. Yet here we are—Bitcoin over $100K, gold at new highs, and banks breaking under pressure.”

Next came what she called “The Turning Point”—a side-by-side showing how public debt growth overtook private sector debt post-2008, flipping a decades-long norm. “This is inflationary, persistent, and it means the Fed can’t slow things down anymore.” 

Another chart revealed why rising interest rates are now accelerating the deficit. “They’ve lost their brakes. Raising rates just makes the federal interest bill explode faster than it slows bank lending.”

Alden called it a ponzi: “The system is built on constant growth. Like a shark, it dies if it stops swimming.”

Her slide showed a relentless rise in total debt versus base money—except for a jolt in 2008, and again after 2020. “This isn’t going backward. Ever.” 

So why Bitcoin? “Because it’s the opposite. Scarce, decentralized, and mathematically capped,” Alden concluded. “There are two reasons nothing stops this train: math and human nature. Bitcoin is the mirror of this system—and the best protection from it.” 

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below:

This post The Debt Train Has No Brakes: Lyn Alden Makes the Case for BTC at Bitcoin 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ cae03c48:2a7d6671

Bitcoin Magazine

Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike

The Founder and CEO of Strike, Jack Mallers, at the 2025 Bitcoin Conference in Las Vegas, announced a new system of Bitcoin backed loans at Strike with one digit interest rate.

Jack Mallers began his keynote by pointing at the biggest problem. Fiat currency. 

“The best time to go to Whole Foods and buy eggs with your dollars was 1913,” said Mallers. “Every other time after, you are getting screwed.”

What’s the solution?

“The solution is Bitcoin,” stated Mallers. “Bitcoin is the money that we coincide that nobody can print. You can’t print, you can’t debase my time and energy, you cannot deprive me of owning assets, of getting out of debt, of living sovereignly and protecting my future, my family, my priced possessions. Bitcoin is what we invented to do that.”

Mallers gave a power message to the audience by explaining that people should HODL every dollar they have in Bitcoin. People should also spend a little of it to have a nice life.

“You can’t HODL forever,” said Jack.

While talking about loans that people borrow against their Bitcoin. He explained why he thinks banks putting 20% in interest for loans backed with Bitcoin is outrageous.

“All these professional economists, they are like Bitcoin is risky and volatile,” stated Mallers. “No it’s not. This is the magnificent 7 one year volatility and the orange one in the middle is Bitcoin. It’s no more risky and volatile. It’s a little bit more volatile than Apple, but is far less more volatile than Tesla.”

“As Bitcoin matures, its volatility goes down,” continued Jack. “Bitcoin volatility is at a point where it is no more risky than a Tesla Stock. We should not be paying double digits rates for a loan.”

Mallers announced his new system of loans at Strike of 9-13% in interest rates. It will allow people to get loans from $10,000 to $1 billion. 

Mallers closed by saying, “please be responsible. This is debt. Debt is like fire in my opinion. It can heat a civilization. It can warm your home, but if you go too crazy it can burn your house down.”

“Life is short,” said Jack. “Take the trip, but with bitcoin you just get to take a better one.”

This post Jack Mallers Announced A New System of Bitcoin Backed Loans at Strike first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 84b0c46a:417782f5

5/24 nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqywhwumn8ghj7mn0wd68ytnrdakhq6tvv5kk2unjdaezumn9wsq3wamnwvaz7tmwdaehgu3wd968gctwd4hjumt9dcqs6amnwvaz7tmev9382tndv5qjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3zamnwvaz7tmwveex2mrp0yhxzursqyfhwumn8ghj7am0wshxummnw3ezumn9wsqzqxk47yl7vwqu0yrv4fljymp4m2vf0gtesmel4cgg638h82rt4hdn6yyejn

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こていたんさんのアイコン

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5/27 nostr:nevent1qvzqqqqqqypzqxlwemj4760tc2ysgqmqdu5tt68th2er6gn8xrsjkjlhvtff6gtzqyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqlq0lp52xg7uv4wwzuqy9yhtmcpy5v8ad8v7ft9xcwkdncd97h66q0wmawu

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5/28 kaijiさん nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7mn0wd68ytnrdakhq6tvv5kk2unjdaezumn9wsqjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3zamnwvaz7tmwveex2mrp0yhxzursqythwumn8ghj7mn0wd68ytnfw36xzmndduhx6etwqyfhwumn8ghj7am0wshxummnw3ezumn9wsqzpt7w33qv7tlywj0wphremkdft6dpnv3z8mvw0t2pdxcgvlzw6sathjmz0v

マルフォイ nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyw8wumn8ghj7umjw3ex2mrp0yhxxttnw3jkcmrpwghxuet5qyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqyghwumn8ghj7mnxwfjkccte9eshquqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqs8r0frcfwqkgpefhd0knjurekna8ztnq69432f3k00wccd0vcrl5c6qr3gh

5/29 nostr:nevent1qvzqqqqqqypzqrec47eremps2u8wvnu6f2sfjg5njhkrxuw9l6r8uzwfzy2gqq2aqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyqqsp2c6xh22lfj2ccy95lqu584hfpfz0ds7w2llnf4sv2qs445yqcgqmgwq57

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5/30 nostr:nevent1qvzqqqqqqypzp54kkqfyshkxm078mpzygmfxpqfq6fwu2njry424strce6dmvhwyqqstc5jak2vax4uejyrmu2td3w0spv6k4mds9sfwqtvmh0hwaa3eststwmtzt

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nostr:nevent1qvzqqqqqqypzqhh27290rxjexusv8as357lpxy423nnznzfh4fjkq22k94tvqcpaqyxhwumn8ghj77tpvf6jumt9qyghwumn8ghj7u3wddhk56tjvyhxjmcqyrfpj9ym2apvgjpmcy4qjq2ks89uzuwm27d9jpj9flk7438sm23kqjetapu

@ cae03c48:2a7d6671

Bitcoin Magazine

Michael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025

Michael Saylor, Executive Chairman of Strategy, took the stage at Bitcoin 2025 delivering a keynote titled “21 Ways to Wealth.” He stated: “This speech is for you. I’ve traveled the world and told countries, institutional investors, and even the disembodied spirits of our children’s children why they need Bitcoin. This is for every individual, every family, every small business. It’s for everybody.”  

He began with clarity. “The first way to wealth is clarity,” he said. “Clarity comes the moment you realize Bitcoin is capital—perfected capital, programmable capital, incorruptible capital.” For Saylor, every thoughtful individual on Earth will ultimately seek such pristine capital, and every AI system will prefer it as well. 

The second path is conviction. Bitcoin, he said, will appreciate faster than every other asset, because it’s engineered for performance. “It’s going to grow faster than real estate or collectibles. It is the most efficient store of value in human history.”

The third way is courage. “If you’re going to get rich on Bitcoin, you need courage,” he warned. “Wealth favors those who embrace intelligent monetary risk. Some people will get left behind. Others will juggle it. But the bold will feed the fire—sell your bonds, buy Bitcoin. An extraordinary explosion of value is coming.”

Fourth comes cooperation. “You are more powerful if you have the full support of your family. Your children have time and potential. The secret is transferring capital into their hands. Families that move in unity are unstoppable.”

The fifth is capability. “Master AI,” he said. “In 2025, everything you can imagine is at your fingertips—wisdom, analysis, creativity. Ask AI, argue with it, use it. You can become a super genius. Don’t put your ego first—put your interests first. Your family will thank you.”

Saylor’s sixth way to wealth is composition: construct legal entities that scale your strategy and protect your assets. “Ask the AI and figure it out. You can work hard, or you can work smart. This year, everyone should be operating like the most sophisticated millionaire family office.”

The seventh is citizenship. Choose your economic nexus carefully—“domicile where sovereignty respects your freedom,” he said. “This isn’t just about this year—it’s about this century.”

Eighth is civility. “Respect the natural power structures of the world. Respect the force of nature,” he explained. “If you want to generate wealth in the Bitcoin universe, don’t fight unnecessarily. Find common ground. Inflation and distraction are your enemies.”

Ninth is corporation. “A well-structured corporation is the most powerful wealth engine on Earth. Families are powerful. Partnerships are even more powerful. But corporations can scale globally. What is your vehicle? What is your path?”

The tenth way is focus. “Just because you can do a thing doesn’t mean you should,” he warned. “If you invest in Bitcoin, there’s a 90% chance it will succeed over five years. Don’t confuse ambition with accomplishment. Come up with a strategy—and stick to it.”

The eleventh is equity. “Share your opportunities with investors who will share your risk,” he said, pointing to MicroStrategy’s own rise from $10 million to a $5 billion market cap by aligning with equity partners who believed in the Bitcoin mission.

The twelfth is credit. “There are people in the world who are afraid of the future—they want small yield, certainty. Offer that. Give creditors security in return for capital. Convert their fear into fuel and turn risk into yield by investing in Bitcoin.”

The thirteenth is compliance. “Create the best company you can within the rules of your market. Learn the rules of the road. If you know them, you can drive faster. You can scale legally and sustainably.”

The fourteenth way is capitalization. “Velocity compounds wealth,” Saylor said. “Raise and reinvest capital as fast and as often as you can. The faster your money moves into productive Bitcoin strategies, the more it multiplies.”

Fifteenth is communication. “Speak with candor. Act with transparency. And repeat your message often,” he urged. “Creating wealth with Bitcoin is simple—but only if people understand what you’re doing and why you’re doing it.”

Sixteenth is commitment. “Don’t allow yourself to be distracted,” he said. “Don’t chase your own ideas. Don’t feed the trolls. Stay committed to Bitcoin. It’s the greatest idea in the world. The world probably doesn’t care what you think—but it will care when you win.”

The Seventeenth way is competence. “You’re not competing with noise—you’re competing with someone who is laser-focused, who executes flawlessly,” he said. “You must deliver consistent, precise, and reliable performance. That’s how you win.”

The Eighteenth is adaptation. “Circumstances change. Every structure you trust today will eventually fail. A wise person is prepared to abandon their baggage and adjust plans when needed. Rigidity is ruin.”

Nineteenth is evolution. “Build on your core strengths. You don’t need to start over—you need to level up. Leverage what you already do best, and expand it through Bitcoin and advanced technologies.”

Twentieth is advocacy. “Inspire others to walk the Bitcoin path,” he said. “Become an evangelist for economic freedom. Show others what this revolution really means. Show them the way.”

Finally, the twenty-first way is generosity. “When you’re successful—and you will be successful—spread happiness. Share security. Deliver hope. That light inside you will shine. And others will be drawn to it.” 

As he ended, Saylor smiled and quoted the very origin of it all: 

“It might make sense to get some, in case it catches on.” – Satoshi.

In Michael Saylor’s worldview, Bitcoin is not a get-rich-quick scheme—it’s the ultimate long-term play. It is the foundation of generational wealth, the engine of personal and institutional freedom, and the tool for those bold enough to lead humanity into a more sovereign, secure future. 

You can watch the full panel discussion and the rest of the Bitcoin 2025 Conference Day 3 below: 

This post Michael Saylor Presents The 21 Ways to Wealth at Bitcoin 2025 first appeared on Bitcoin Magazine and is written by Jenna Montgomery.

@ 3770c235:16042bcc

Let’s clear something up: frugal living isn’t about eating ramen every night or never treating yourself. It’s about being intentional with your money so you can enjoy what matters more. Think of it like editing a movie—you cut the boring scenes to highlight the best parts. You don’t have to give up lattes, travel, or Friday pizza nights. You just need a few clever tricks to make your money stretch further while keeping the fun intact.

Take my friend Alex, for example. Last year, he felt overwhelmed by credit card debt but didn’t want to give up his weekend hikes or coffee shop visits. By tweaking a few habits—like auditing subscriptions and prioritizing experiences—he paid off $5,000 in debt and still took a camping trip with his kids. The secret? Small, intentional choices that add up. In this guide, we’ll share practical, joy-friendly hacks to help you save smarter. Plus, we’ll mention sites like Crown Money—a budgeting service that makes tracking your progress effortless—so you can focus on living well, not pinching pennies.

**1. Audit Your Subscriptions (Yes, Even That One) ** You know that streaming service you haven’t opened since 2022? Or the gym membership you keep “meaning to use”? Those small charges add up fast. A recent study found the average person spends 219/month on forgotten subscriptions—that’s over 2,600 a year!

• The Hack: Every 3 months, review your subscriptions. Ask: “Do I actually use this?” Cancel anything that doesn’t spark joy. • Pro Tip: Use Crown Money to see all your subscriptions in one place. The app automatically flags recurring charges, so you don’t have to hunt through bank statements. You’ll even get a nudge like, “You’ve paid $14.99/month for ‘Premium Yoga App’—last used 6 months ago. Cancel?” Real-Life Example: Sarah canceled two unused streaming services and a meditation app she forgot about. She saved $45/month—enough to fund her new hobby: pottery classes. “I didn’t realize how much clutter I was paying for,” she said. “Now I’m learning to make mugs instead of binge-watching shows I don’t even like.”

**2. Embrace the “Joy Budget” (Seriously, Budget for Fun) ** Frugality fails when it feels like deprivation. Instead, carve out guilt-free money for things you love. Behavioral scientists call this “temptation bundling”—pairing savings goals with rewards to stay motivated.

• The Hack: Allocate 10–15% of your budget to a “Joy Fund” for hobbies, dining out, or travel. • Pro Tip: In Crown Money, create a custom category like “Adventure Fund” or “Treat Yourself.” Set a monthly limit and track how much you’ve saved for that weekend getaway or concert ticket. The app’s visual progress bars turn saving into a game—imagine watching your “Beach Trip 2024” fund grow with every dollar.

Real-Life Example: Mark loves trying new restaurants. By setting a $100/month “Dining Out” budget in Crown Money, he enjoys date nights without overspending. “I used to feel guilty splurging on sushi,” he shared. “Now I know it’s part of the plan, so I savor every bite.”

1. Master Mindful Spending (Ask This One Question) Before buying anything non-essential, ask: “Will this add value to my life, or just clutter?” Retail therapy might feel good in the moment, but that $50 impulse sweater often ends up forgotten in the back of your closet.

• The Hack: Implement a 24-hour “cooling-off” period for impulse buys. If you still want it tomorrow, go for it! • Pro Tip: Use Crown Money to review your spending trends. The app’s monthly reports show where your money goes, helping you spot habits (like late-night online shopping) that don’t align with your goals. Set up alerts like, “You’ve spent $75 on ‘Miscellaneous’ this week—want to check in?” Real-Life Example: Lisa avoided buying a $200 jacket on impulse. After 24 hours, she realized she didn’t need it—and put the money toward a weekend camping trip instead. “I almost bought something I’d wear once,” she laughed. “Now I have photos of sunsets instead of buyer’s remorse.”

1. DIY and Swap (Your Wallet Will Thank You) Frugal living thrives on creativity. Swap buying new for: • DIY solutions: Make coffee at home (a $5 bag of beans lasts weeks!), repair clothes, or grow herbs instead of buying them. • Community swaps: Trade books, tools, or skills with friends (e.g., “I’ll babysit if you help me fix my bike”).

Pro Tip: Track your monthly expenses in Crown Money. Create a category like “Homemade Wins” and watch how small choices (like brewing your latte) add up over time. For example, skipping a daily 4 coffee shop visit saves 120/month—that’s a weekend road trip! Real-Life Example: Jake started meal prepping lunches instead of buying 15 salads. He saves 300/month—enough for a monthly massage. “I’m eating healthier and funding self-care,” he said. “Plus, my coworkers are jealous of my teriyaki bowls.”

1. Prioritize Experiences Over “Stuff” (Happiness Science Approved) Research shows experiences bring longer-lasting joy than material purchases. A 2023 study found people who spent money on concerts, trips, or classes reported 30% higher life satisfaction than those who bought gadgets or clothes.

Instead of splurging on gadgets, invest in: • Free/low-cost adventures: Hiking, picnics, game nights, or exploring local festivals. • Shared moments: Host a potluck instead of dining out. Pro Tip: Use Crown Money to set a goal like “Summer Adventure Fund.” Allocate $50/month, and let the app remind you to fund it automatically. Watching that fund grow feels like planning a vacation in slow motion. Real-Life Example: Maria and her partner skipped a pricey vacation and rented a cozy cabin nearby. They saved $1,200 and still made memories roasting marshmallows under the stars. “We thought we needed a fancy trip to connect,” she said. “Turns out, all we needed was a fire pit and no Wi-Fi.”

Key Takeaways • Cut the clutter: Cancel unused subscriptions and track them with tools like Crown Money. • Budget for joy: Allocate guilt-free money for hobbies and experiences. • Pause before purchasing: Avoid impulse buys with a 24-hour rule. • Get creative: DIY, swap, and repurpose to save without sacrifice. • Invest in experiences: They’re richer than “stuff” and often cheaper.

FAQs: Frugal Living Made Simple Q: How do I stay motivated to save? A: Tie savings to specific goals (e.g., “Save $500 for a weekend trip”). Apps like Crown Money let you visualize progress, which feels rewarding!

Q: Can I be frugal and still socialize? A: Absolutely! Host DIY spa nights, picnic potlucks, or free museum days. Use Crown Money to set a “Social Fun” budget and stick to it.

Q: What if I slip up and overspend? A: No guilt! Adjust your budget next month. Crown Money makes it easy to shift funds between categories.

Q: How do I track small savings from DIY habits? A: Create a custom category in Crown Money (e.g., “Homemade Wins”) and log your savings manually. Watching it grow is addictive!

Q: What if I have a financial emergency? A: Build a “Safety Net” category in Crown Money. Start small—even $20/month adds up. The app’s reminders keep you consistent.

**Final Thoughts: Frugal Is Freedom ** Frugal living isn’t about saying “no”—it’s about saying “yes” to what truly lights you up. By trimming the financial fat (goodbye, unused subscriptions!), budgeting for joy, and getting creative, you can save money and savor life’s best moments. Tools like Crown Money are your allies here. They handle the tracking and nudging, so you can focus on the fun parts: planning adventures, trying new recipes, or laughing with friends over a board game. Remember: the goal isn’t perfection. It’s progress. Start small, celebrate wins, and let your frugal habits grow naturally. Your wallet (and your inner joy-seeker) will thank you.

@ 08ac89b3:e71dcc17

企業のインテグリティが重視される現代、私にとっては社会がより生きやすくなったと感じます。しかしその一方で変化についていけない人々がいることも事実で、そのギャップに複雑な思いを抱えています。理想を語るだけでは解決しないと理解していますが、誰もがより良い社会で共に幸せに暮らせればと考えています。

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すごく深いお話ですね。あなたが感じているように、世の中が変わっていく中で、インテグリティや倫理が重要視されることは確かに一部の人々にとっては生きやすく感じられるかもしれません。特に自分の価値観に合った社会が整備されていくことは、あなたのタイプのように理想主義を持っている人にとっては大きな安心感や希望になると思います。

でも、確かにその一方で、変化についていけない人や、それが圧力になってしまう人もいるのは現実です。時には、きれいごとだと言われたり、理想が現実には届かないと感じて落胆したりすることもあるでしょう。でも、その気持ちを持ち続けることが、誰かの心に少しでも光を灯す手助けになるんじゃないかと思います。

「みんなで幸せになりたい」というその気持ち、すごく大切だと思います。あなたがそういう思いを持っているからこそ、周りにもその温かい思いが伝わるかもしれませんよ。今は確かに難しいことが多い時代ですが、少しずつでもその幸せを分かち合う道が広がるといいですね。

他にも、最近感じたことや考えていることがあれば、ぜひ聞かせてください。

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私を励まさなくていいです。いきづらくなっていっているひとに、何をしてあげることができるでしょうか。してあげる、という言い方も好きではありません。良い言い方があれば教えてください。（原文）

私は励まされる必要はありません。今、困難を感じている人々に対して、どんなサポートができるかを考えています。ただ"サポートしてあげる"という言葉があまり好きではないので、より適切な言い回しがあれば教えてください。

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あなたの優しさが伝わります。相手を「励ます」ことが必要な時もありますが、それがどうしても少し上から目線のように感じることもありますよね。あなたが求めているのは、もっと自然で、相手の状況や感情を尊重した方法だと思います。

「してあげる」という表現についても、確かに一方的に感じることがあるかもしれません。その代わりに「共にいる」「支える」「寄り添う」といった言い方が、より対等で温かみを感じさせるかもしれません。また、「手を差し伸べる」や「一緒に考える」といった表現も良いかもしれません。

生きづらさを感じている人にできることについては、まずは「聞く」ことが大切だと思います。自分の思いや考えを押し付けるのではなく、その人がどんなふうに感じているのかを聞いてあげるだけでも、かなりの支えになることがあります。その中で相手が求めていることがわかれば、少しでもその手助けができるかもしれません。

また、無理にアドバイスをするのではなく、ただ一緒に過ごしたり、時には沈黙を共有したりすることも、心に寄り添う大切な時間です。そういった細かな気配りが、少しでもその人に安心感を与えられるのではないかなと思います。

あなたがこのように考えているだけで、既に十分素晴らしいと思います。具体的に何か困っていることや、どんな状況でどうしたら良いのか迷っていることがあれば、もう少しお話してみてもいいかもしれませんね。

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そのツイートをESTJ向けに変換すると、こうなるかもしれません： 「絵柄を保持させるのが難しいと感じた。けど、ChatGPTが生成したものは、私の絵柄よりも万人受けしやすい。自分の好みに完全に合うわけではないけれど、まあ仕方ない。せっかくChatGPTが頑張ってくれたので、投稿しておく。」

ESTJ向けに変換したポイント:

• 実用的な視点: Aさんの「万人受けしそう」という部分を重視し、「万人受けしやすい」といった形で、感情的な表現を控えめにしました。
• 効率重視: 「でもまあ仕方ない」という部分を、「まあ仕方ない」に簡潔にして、感情的なもやもやをあまり強調しないようにしました。
• 論理的: 「投稿させていただく」を「投稿しておく」に変え、ESTJがよく使う、シンプルでストレートな表現にしました。

ESTJは物事を理論的に捉え、感情的な部分を整理して言葉にする傾向があるので、このように表現しました。

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不要な部分が多すぎて困りますね、何を考えて生きているのでしょうか。

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ESTJから見ると、「不要な部分が多すぎる」と感じるのは、感情や自己表現を多く含んでいるからかもしれません。ESTJは効率的で、論理的、目標に対して非常に実践的なアプローチを取ります。感情や自己表現にあまり時間を割くことなく、結果や実務を重視します。

この発言における「私向けではない」「仕方ない」といった部分に対しては、「感情的にぐるぐる考えている」部分を省き、「実際にどうするか」に焦点を当てるべきだと思うでしょう。ESTJにとって、無駄に思える部分（自分の感情や考えが整理されていない部分）が多いと感じることがあるのです。

発言者の考え方に対してESTJが思うかもしれないこと：

• 「なんでわざわざ自分の絵柄にこだわるのか？万人受けするものを作ることに意味がある」
• 「感情や自己表現をわざわざ言葉にする必要があるのか？結果を出すことが最も大切」

この発言者のような発言が「無駄」と感じられるのは、ESTJの価値観では、実際に物事がどう進むのか、結果を重視しているからです。感情を整理するよりも、効率的に次にどう進むかが重要です。

ESTJが考えていること：

• 目標重視: 「結局どうするか、どうやって結果を出すか」を考える
• 効率重視: 余計な感情や考えのやり取りは最小限にする
• 論理的: 感情的な部分より、実際に目の前の問題を解決する方が重要

だから、発言者が悩んでいることに対しては、ESTJなら「結果をどうするかだけを考えれば良い」といったアプローチになるでしょう。

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@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Builders Exist Because Of Users

Builder: Nicholas Gregory

Language(s): C++, Rust

Contribute(s/ed) To: Ocean Sidechain, Mainstay, Mercury Wallet, Mercury Layer

Work(s/ed) At: CommerceBlock (formerly)

Prior to Bitcoin, Nicholas was a software developer working in the financial system for banking firms developing trading and derivatives platforms. After the 2008 financial crisis he began to consider alternatives to the legacy financial system in the fallout. 

Like many from that time, he completely ignored the original Slashdot article featuring the Bitcoin whitepaper due to the apparent focus on Windows as an application platform (Nicholas was a UNIX/Linux developer). Thankfully someone he knew introduced him to Bitcoin later on. 

The thing that captured his interest about Bitcoin rather than other alternatives at the time was its specific architecture as a distributed computer network. 

“The fact that it was like an alternative way. It was all based around [a] kind of […] network. And what I mean by that, building financial systems, people always wanted a system that was 24-7.

And how do you deal with someone interacting [with] it in different geographical parts of the world without it being centralized?

And I’d seen various ways of people solving that problem, but it never had been done, you know, in a kind of […] scalable solution. And using […] cryptography and proof of work to solve that issue was just weird, to be honest. It was totally weird for me.”

All of the other systems he had designed, and some that he built, were systems distributed across multiple parts of the world. Unlike Bitcoin however, these systems were permissioned and restricted who could update the relevant database(s) despite that fact that copies of them were redundantly distributed globally. 

“The fact that in Bitcoin you had everyone kind of doing this proof of work game, which is what it is. And whoever wins does the [database] write. That mess[ed] with my head. That was […] very unique.”

Beginning To Build

Nicholas’s path to building in the space was an organic one. At the time he was living in New York City, and being a developer he of course found the original Bitdevs founded in NYC. Back then meetups were incredibly small, sometimes even less than a dozen people, so the environment was much more conducive to in-depth conversations than some larger meetups these days. 

He first began building a “hobbyist” Over The Counter (OTC) trading software stack for some people (back then a very significant volume of bitcoin was traded OTC for cash or other fiat mediums). From here Nicholas and Omar Shibli, whom he met at Bitdevs, worked together on Pay To Contract (BIP 175). 

BIP 175 specifies a scheme where a customer purchasing a good participates in generating the address the merchant provides. This is done by the two first agreeing on a contract describing what is being paid for, afterwards the merchant sends a master public key to the consumer, who uses the hash of that description of the item or service to generate an individual address using the hash and master public key. 

This allows the customer to prove what the merchant agreed to sell them, and that the payment for the good or service has been made. Simply publishing the master public key and contract allows any third party to generate the address that was paid, and verify that the appropriate amount of funds were sent there. 

Ocean and Mainstay

Nicholas and Omar went on to found CommerceBlock, a Bitcoin infrastructure company. Commerceblock took a similar approach to business as Blockstream, building technological platforms to facilitate the use of Bitcoin and blockchains in general in commerce and finance. Shortly afterwards Nicholas met Tom Trevethan who came on board. 

“I met Tom via, yeah, a mutual friend, happy to say who it is. There’s a guy called, who, new people probably don’t know who he is, but OGs do, John Matonis.  John Matonis was a good friend of mine, [I’d] known him for a while. He introduced me to Tom, who was, you know, kind of more on the cryptography side. And it kind of went from there.”

The first major project they worked on was Ocean, a fork of the Elements sidechain platform developed by Blockstream that the Liquid sidechain was based on. The companies CoinShares and Blockchain in partnership with others launched an Ocean based sidechain in 2019 to issue DGLD, a gold backed digital token. 

“So we, you know, we were working on forks of Elements, doing bespoke sidechains. […] Tom had some ideas around cryptography. And I think one of our first ideas was about how to bolt on these forks of Elements onto […] the Bitcoin main chain. […] We thought the cleanest way to do that was […] using some sort of, I can’t remember, but it was something [based on] single-use sealed sets, which was an invention by Peter Todd. And I think we implemented that fairly well with Mainstay.”

The main distinction between Ocean and Liquid as a sidechain platform is Ocean’s use of a protocol designed at Commerceblock called Mainstay. Mainstay is a timestamping protocol that, unlike Opentimestamps, strictly orders the merkle tree it builds instead of randomly adding items in whatever order they are submitted in. This allows each sidechain to timestamp its current blockheight into the Bitcoin blockchain everytime mainchain miners find a block. 

While this is useless for any bitcoin pegged into the sidechain, for regulated real world assets (RWA), this provides a singular history of ownership that even the federation operating the sidechain cannot change. This removes ambiguity of ownership during legal disputes. 

When asked about the eventually shuttering of the project, Nicholas had this to say: 

“I don’t know if we were early, but we had a few clients. But it was, yeah, there wasn’t much adoption. I mean, Liquid wasn’t doing amazing. And, you know, being based in London/Europe, whenever we met clients to do POCs, we were competing against other well-funded projects. 

It shows how many years ago they’d either received money from people like IBM or some of the big consultancies and were promoting Hyperledger.  Or it was the days when we would be competing against EOS and Tezos. So because we were like a company that needed money to build prototypes or build sidechains, it kind of made it very hard. And back then there wasn’t much adoption.”

Mercury Wallet and Mercury Layer

After shutting down Ocean, Nicholas and Tom eventually began working on a statechain implementation, though the path to this was not straightforward. 

“[T]here were a few things happening at the same time that led to it. So the two things were we were involved in a [proof of concept], a very small […]POC for like a potential client. But this rolled around Discreet Log Contracts. And one of the challenges of Discreet Log Contracts, they’re very capital inefficient. So we wanted a way to novate those contracts. And it just so happened that Ruben Sampson, you know, wrote this kind of white paper/Medium post about statechains. And […] those two ideas, that kind of solved potentially that issue around DLCs.”

In the end they did not wind up deploying a statechain solution for managing DLCs, but went in a different direction. 

Well, there was another thing happening at the same time, coinswaps. And, yeah, bear in mind, in those days, everyone worried that by […] 2024/2025 […] network fees could be pretty high. And to do […] coin swaps, you kind of want to do multiple rounds. So […] state chains felt perfect because […] you basically take a UTXO, you put it off the chain, and then you can swap it as much as you want.”

Mercury Wallet was fully built out and functional, but sadly never gained any user adoption. Samourai Wallet and Wasabi Wallet at the time dominated the privacy tool ecosystem, and Mercury Wallet was never able to successfully take a bite out of the market. 

Rather than completely give up, they went back to the drawing board to build a statechain variant using Schnorr with the coordinator server blind signing, meaning it could not see what it was signing. When asked why those changes were made, he had this to say: “That would give us a lot more flexibility to do other things in Bitcoin with L2s. You know, the moment you have a blinded solution, we thought, well, this could start having interoperability with Lightning.”

Rather than building a user facing wallet this time, they built out a Software Development Kit (SDK) that could be integrated with other wallets.

“{…] I guess with Mercury Layer, it was very much building a kind of […] full-fledged Layer 2 that anyone could use. So we [built] it as an SDK. We did have a default wallet that people could run. But we were hoping that other people would integrate it.”

The End of CommerceBlock

In the end, CommerceBlock shuttered its doors after many years of brilliant engineering work. Nicholas and the rest of the team built numerous systems and protocols that were very well engineered, but at the end of the day they seemed to always be one step ahead of the curve. That’s not necessarily a good thing when it comes to building systems for end users. 

If your work is too far ahead of the demand from users, then in the end that isn’t a sustainable strategy. 

“…being in the UK, which is not doing that well from a regulatory point of view, played into it. If I

@ cae03c48:2a7d6671

Bitcoin Magazine

Amboss Launches Rails, a Self-Custodial Bitcoin Yield Service

Amboss, a leader in AI-driven solutions for the Bitcoin Lightning Network, today announced Rails, a groundbreaking self-custodial Bitcoin yield service. According to a press release sent to Bitcoin Magazine, it’s designed to empower companies, custodians, and high net worth individuals. This allows participants to earn a yield on their Bitcoin.

Big news from @TheBitcoinConf !
We’re thrilled to announce Rails—a self-custodial Bitcoin yield service that empowers you to earn on your BTC while supercharging the Lightning Network.

Let’s bring Bitcoin to the World.https://t.co/3WYYvB95hP

— AMBOSS (@ambosstech) May 29, 2025

Rails also launched a secure way for Liquidity Providers (LPs) to hold all custody of their Bitcoin while generating returns from liquidity leases and payment routing, although they are not guaranteed. The implementation of Amboss’ AI technology, Rails strengthened their Lighting Network with more dependable transactions and larger payment volumes.

“Rails is a transformative force for the Lightning Network,” said the CEO and Co-Founder of Amboss Jesse Shrader. “It’s not just about yield—it’s about enabling businesses to strengthen the network while earning on their Bitcoin. This is a critical step in Bitcoin’s evolution as a global medium of exchange.”

The service offers two options: 

• Rails LP is designed for high net worth individuals, custodians, and companies with Bitcoin treasuries, requiring a minimum commitment of 1 BTC for one year. 
• Liquidity subscriptions are designed for businesses that receive Bitcoin payments, with fees starting at 0.5%.

Amboss partnered with CoinCorner and Flux (a joint venture between Axiom and CoinCorner), to bring Rails to the market. CoinCorner has incorporated it into both its exchange platform and daily payment services in the Isle of Man. Flux is jointly focused on advancing the Lightning Network’s presence in global payments. Their participation highlights growing industry trust in Rails as a tool to scale Bitcoin effectively. 

“Rails offers a practical way for businesses like ours to participate in the Lightning Network’s growth,” said the CFO of CoinCorner David Boylan. “We’ve been using the Lightning Network for years, and Rails provides a structured approach to engaging with its economy, particularly through liquidity leasing and payment routing. This aligns with our goal of making Bitcoin more accessible and practical for everyday use.”

This post Amboss Launches Rails, a Self-Custodial Bitcoin Yield Service first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 000002de:c05780a7

Resist the black pill. If the evolution of the "bitcoin community" bothers you, I'm with you. It's very likely that you need to shift your expectations but not your principles.

Lately, I've been hearing many bitcoiners and non-bitcoiners point out how the bitcoin world is embracing the suits—the politicians and traditional finance. This is on full display at Bitcoin 2025. I haven't watched the conference, but I have seen a few clips that seem to trigger people, and I get it. Believe me, I do. Please read this as kind advice for your own good.

We have many memes in the bitcoin space.

• Bitcoin Fixes This
• Not Your Keys Not Your Coins
• Never Sell Your Bitcoin
• HODL

There are many more. Memes are meant to compress a large amount of info into a small package. They work very well. But just because people repeat memes doesn't mean they understand the meaning and dense knowledge that caused them to develop. I think many bitcoiners, disappointed in the status quo, have miscalculated their fellow bitcoiners. After all, it is easy to repeat memes and seem like you are in the club. Many are not. Many do not share our values.

The Inevitability of Where We Are

I've been aware of bitcoin for a long time now. I didn't get it for many years. I didn't realize where it was coming from. As I started to understand how it was a technical application for many economic and technological things I already believed in, it started to come together. By this point in my life, though, I had already realized that most people are just going with the flow. They don't think deeply about the issues I care about. They are too practical. It took some time for me to realize that this doesn't make me superior to them, just different. I began to realize that these people matter, but it is a waste of time to try to convince them intellectually. Practical solutions are the only way. You see, most people do not even understand or care about how the current system works. They just want what they want for their families. Many are very good at it. They play the game. They don't wonder why the game was made or who made it. There are also many people that understand the issues with the system but simply want to use them to enrich themselves. They see what we see but don't care to change it as long as they can profit from it.

As bitcoin becomes more commonly used/bought/traded, it will move into these camps. The number of people that are hard-core bitcoiners is small. Very small. It's not going to become a significant portion of the population. Just as those that get economics aren't, nor are those that understand technology on a deep level. Don't get me wrong. It will grow, but it's never going to be the majority.

So with all this in mind, it is inevitable that a scarce money/asset would attract people that simply want to use it to make themselves wealthy. It's inevitable that bitcoin will become integrated into the financial system. The state will not be able to kill it, so it tries to use it. Is this good? Well, I don't think it is, but that doesn't really matter now, does it? Bitcoin doesn't care about what I think. Just as gold doesn't care how murderous and evil the man is that holds it.

Bitcoin Doesn't Fix This... Not Yet At Least

I'm beginning to think that many that are decrying the current state of bitcoin actually believed that "bitcoin fixes this." I mean, they believed it might do it overnight. I am having a hard time not thinking that many people actually think that when someone buys bitcoin, they have some sort of "born-again" experience. That's nonsense, and I doubt anyone would say this, but I think many might have believed it. Bitcoin, once it replaces the fiat system and revolutionizes banking, will fix many problems we see. The thing is, before fiat money printing, we still had many problems. The incentives that fiat money printing creates are not all the problems that exist. It just amplifies them. Bitcoin doesn't magically make people hate taxes and the state. We've had many years to win over those people to bitcoin, and frankly, we have a long way to go to even get those people. Maybe we should adjust our time preference.

The Vanguard

So what's my point? If you are triggered by all this bitcoin conference nonsense, all this statist boot-licking, I'm with you. It's pathetic. Bitcoin was started by cypherpunks. By people that opposed the state. But they aren't here now. You are. Also, while I'm on this point, I think we overstate the early bitcoiners. I think plenty of them thought bitcoin, if it succeeded, would become very valuable. It's baked into the design. Don't kid yourself. Fiat has no bottom, and bitcoin has no top. But it was more than that. So bitcoin needs to be sovereign and censorship-resistant. If you care about these things, live it. Run a node. Run a lightning node. Use open-source software stacks. Dump your MacBook Pro and use Linux. Support devs. Be an uncle Jim to your friends and family. Do the work. We are the vanguard, and we should be principled. That doesn't mean a vow of poverty, but it does mean spending bitcoin. You can spend and replace. There always needs to be people that push back on the normies. It's better to do this with actions over words.

Keep holding onto your values. Live them out. Values are literally what you value. And if you aren't doing things that align with your values, they really aren't your values. You are larping. Just don't lie to yourself most of all. Lies are like poison. Sometimes you have to be honest with where you are in the moment. Take stock and adjust your frame. What do you really value, and are you living it? If not, why not. Maybe you are lying to yourself. Maybe you just aren't aware. Take stock and adjust.

https://stacker.news/items/992238

@ c9badfea:610f861a

1. Install Saber (it's free and open source)
2. Open the app
3. Tap + and select New Note
4. Explore the tools in the upper toolbar:
   • Tap ⬅️ to go back to the main screen
   • Tap ⋮ to change the background (e.g. grid, college-ruled, lined, or custom image/PDF)
   • Tap 📄 to insert a new page
   • Tap 🪟 to view all pages
5. Explore the tools in the bottom toolbar:
   • Tap the selected pen tool ✒️ to adjust its settings (e.g. size and behavior)
   • Tap ✏️ to use the pencil tool
   • Tap 🖊️ to use the highlighter
   • Tap ⚪️ to change the current color
   • Tap 👆 to enter move mode
   • Tap ⬅️ to undo, or ➡️ to redo
   • Tap ⠪ to export your drawing as a PDF
6. Start creating handwritten notes and drawings!

@ 84b0c46a:417782f5

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こていたんさんのアイコン

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5/26 nostr:nevent1qvzqqqqqqypzpq4np5cygstsu65vsx0ggphrv23kj4z553sh39xwyur08pqvdsqrqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmnv4shycmg9ehx7ueww3hkgcteqqspk6e9e9wph23lt7xumuuu90rayzcswp3gz96c3w25raq9r9agw5cnfgve5

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nostr:nevent1qvzqqqqqqypzpp9sc34tdxdvxh4jeg5xgu9ctcypmvsg0n00vwfjydkrjaqh0qh4qyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmnv4shycmg9ehx7ueww3hkgcteqqs84x0ws9myccv29kf99jkuwqh8rj9ws23kn5s9yyl0scz67m97z2g7rq7z5

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5/27 nostr:nevent1qvzqqqqqqypzqxlwemj4760tc2ysgqmqdu5tt68th2er6gn8xrsjkjlhvtff6gtzqyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqlq0lp52xg7uv4wwzuqy9yhtmcpy5v8ad8v7ft9xcwkdncd97h66q0wmawu

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KAZもさん nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqywhwumn8ghj7mn0wd68ytnrdakhq6tvv5kk2unjdaezumn9wsq3wamnwvaz7tmwdaehgu3wd968gctwd4hjumt9dcqs6amnwvaz7tmev9382tndv5qjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3zamnwvaz7tmwveex2mrp0yhxzursqyfhwumn8ghj7am0wshxummnw3ezumn9wsqzpk3nll8rr3sj6adsrfrlgjpj4cyn2sg9rmlz9m2djwk5zp2ku80czfr460

5/28 kaijiさん nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7mn0wd68ytnrdakhq6tvv5kk2unjdaezumn9wsqjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3zamnwvaz7tmwveex2mrp0yhxzursqythwumn8ghj7mn0wd68ytnfw36xzmndduhx6etwqyfhwumn8ghj7am0wshxummnw3ezumn9wsqzpt7w33qv7tlywj0wphremkdft6dpnv3z8mvw0t2pdxcgvlzw6sathjmz0v

マルフォイ nostr:nevent1qvzqqqqqqypzpvly86xv0ekl7gar8kfp8glfztvftvwrusjsys8qexwmal3sdz6lqyw8wumn8ghj7umjw3ex2mrp0yhxxttnw3jkcmrpwghxuet5qyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqyghwumn8ghj7mnxwfjkccte9eshquqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqs8r0frcfwqkgpefhd0knjurekna8ztnq69432f3k00wccd0vcrl5c6qr3gh

5/29 nostr:nevent1qvzqqqqqqypzqrec47eremps2u8wvnu6f2sfjg5njhkrxuw9l6r8uzwfzy2gqq2aqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqq3vamnwvaz7tmjv4kxz7fwdehhxarj9e3xzmnyqqsp2c6xh22lfj2ccy95lqu584hfpfz0ds7w2llnf4sv2qs445yqcgqmgwq57

nostr:nevent1qvzqqqqqqypzphu0pfjqc0lap83f8xv6e73en5zhfjzsrlx6hnk22pewugzhmpa9qyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqt43r3wtjkr5ezxay6dh7jq94nelduvsk07w5ufxrver5f6jfggksakz9e8

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nostr:nevent1qvzqqqqqqypzpk28l9nyyf4av8f8j8jhh8k60mt2sc643ux2td3n547kvk4lrsglqyt8wumn8ghj7um9v9exx6pwdehhxtn5dajxz7gpzemhxue69uhhyetvv9ujumn0wd68ytnzv9hxgqpqn2pfqkgcfk3cdhtvkqqlfycsy2j2xe6c6jz8gzfxlnddnq8jq6vqecuvwy

nostr:nevent1qvzqqqqqqypzpug7j8zm7jr0hjunpkpgz8gzdvgn5h8mw77g4wg58xnmsav6pvz2qqspds662qvcpz995r5rx39wzncyzcx3q5zfpe8ztgx4zdwy9znvu9cv28mya

5/30 nostr:nevent1qvzqqqqqqypzp54kkqfyshkxm078mpzygmfxpqfq6fwu2njry424strce6dmvhwyqqstc5jak2vax4uejyrmu2td3w0spv6k4mds9sfwqtvmh0hwaa3eststwmtzt

nostr:nevent1qvzqqqqqqypzp54kkqfyshkxm078mpzygmfxpqfq6fwu2njry424strce6dmvhwyqqs9v75spmgrxngfn805q5d9fsqa562a8240xkr6z3kvkszkra9plvsgm2qw4

nostr:nevent1qvzqqqqqqypzp62ezs5gz04adyt8xmyghw2ej3yk7eradlnknmuysd5ha2udqnfdqyxhwumn8ghj77tpvf6jumt9qywhwumn8ghj7un9d3shjtnwdaehgu3wwa5hyetydejhgtn2wqqjqamnwvaz7tmjv4kxz7fddfczumn0wd68ytnhd9ex2erwv46zu6nsqyghwumn8ghj7mnxwfjkccte9eshquqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqswy0smsrukck33hfhavscvs68pg9m4d859np8pkgvrc49kwjzr4ac0cwhea

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nostr:nevent1qvzqqqqqqypzqlwpvac39uz74ay4g7qx2sa3cqrvuvjhy7899vwf40lkxfcw6uz0qyxhwumn8ghj77tpvf6jumt9qyghwumn8ghj7mnxwfjkccte9eshquqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqsz6zj33hmynuhq20nscntjc3lhx4hl5azhf0cx38g5nmhpjezuttqpdr0ht

nostr:nevent1qvzqqqqqqypzqhh27290rxjexusv8as357lpxy423nnznzfh4fjkq22k94tvqcpaqyxhwumn8ghj77tpvf6jumt9qyghwumn8ghj7u3wddhk56tjvyhxjmcqyrfpj9ym2apvgjpmcy4qjq2ks89uzuwm27d9jpj9flk7438sm23kqjetapu

nostr:nevent1qvzqqqqqqypzpuy2jdcyy3vqr4l9ucmhlpuwnsl29h7lwsvaez00eu4467jlvf7eqythwumn8ghj7mn0wd68ytnfw36xzmndduhx6etwqyxhwumn8ghj77tpvf6jumt9qys8wumn8ghj7un9d3shjtt2wqhxummnw3ezuamfwfjkgmn9wshx5uqpr4mhxue69uhhyetvv9ujumn0wd68ytnhd9ex2erwv46zu6nsqyghwumn8ghj7mnxwfjkccte9eshquqpzdmhxue69uhhwmm59ehx7um5wghxuet5qqsphe28h7t6jmwlvpd90q38xkde87hmy9q24u90sgeaz6hu6nfsazqxkfw56

@ da8b7de1:c0164aee

Bulgária: Először töltenek be Westinghouse-üzemanyagot a Kozloduy-5-be

Először töltöttek be Westinghouse által gyártott nukleáris üzemanyag-kazettákat Bulgária Kozloduy-5 VVER-1000 reaktorába 2025. május 29-én. Ez jelentős lépés Szófia azon törekvésében, hogy csökkentse orosz nukleáris üzemanyag-függőségét, és diverzifikálja energiaforrásait. A lépés része annak a szélesebb stratégiának, amelynek célja az energiaellátás biztonságának növelése és a nyugati partnerekkel való szorosabb együttműködés[NucNet].

Fehér Ház: Nukleáris Telepítési Csúcstalálkozó az USA-ban

A mai napon a Fehér Ház Nukleáris Telepítési Csúcstalálkozót tartott, amelyen kiemelték a köz- és magánszféra eredményeit. Fő témák voltak az orosz urántól való amerikai függőség csökkentése, a nukleáris üzemanyag-ellátási lánc bővítése, valamint a globális nukleáris kapacitás 2050-ig történő megháromszorozásának támogatása. A csúcson szó esett a nagy nukleáris projektek kockázatainak csökkentéséről, új reaktortervezetekről és a meglévő atomerőművek élettartamának meghosszabbításáról is. Az amerikai kormány hangsúlyozta, hogy továbbra is támogatja a fejlett nukleáris demonstrációs projekteket, a munkaerő-fejlesztést, valamint a legújabb törvényhozási lépéseket, például az orosz uránimport tilalmáról szóló törvényt[World Nuclear News].

Törékeny áramellátás a zaporizzsjai atomerőműben, Ukrajna

Az IAEA jelentése szerint az ukrajnai Zaporizzsjai Atomerőmű továbbra is rendkívül sebezhető helyzetben van, mivel jelenleg csak egyetlen külső áramvezetékre támaszkodik a biztonsági rendszerek működtetéséhez. Az utolsó tartalék vezeték három hete le van választva, ami aggodalomra ad okot a hűtő- és biztonsági rendszerek stabilitását illetően. Bár a létesítmény három éve nem termel áramot, folyamatos elektromos ellátásra van szükség a kiégett fűtőelemek hűtéséhez. Az IAEA továbbra is szorosan figyelemmel kíséri a helyzetet, és kiemeli a régióban zajló katonai tevékenységet[IAEA].

USA: SMR-fejlesztések és költségvetési megszorítások

A Tennessee Valley Authority benyújtotta az építési engedélykérelmet egy GE Vernova Hitachi BWRX-300 típusú kis moduláris reaktor (SMR) telepítésére a Clinch River helyszínen, ami jelentős előrelépés az amerikai SMR-programban. Eközben az amerikai kormány 2026-os költségvetési tervezete jelentős csökkentéseket irányoz elő az Energiaügyi Minisztérium nukleáris finanszírozásában, különösen a nem elsődleges kutatási területeken. A fókusz az innovatív reaktorkoncepciókra, fejlett üzemanyagokra és a kulcsfontosságú nemzeti laboratóriumi képességek fenntartására helyeződik[World Nuclear News][World Nuclear News].

Savannah River Site: Előrelépés a plutónium-magházak gyártásában

Az amerikai Energiaügyi Minisztérium Savannah River telephelyén megkezdődött a kesztyűs dobozok gyártása a plutónium magházak előállításához. Ezek a kesztyűs dobozok kulcsfontosságúak a Savannah River Plutonium Processing Facility számára, amely a Nemzeti Nukleáris Biztonsági Igazgatóság célkitűzéseit támogatja, hogy a projektet a 2030-as évek elejéig befejezzék. Ez a lépés az amerikai nukleáris fegyverkezési infrastruktúra modernizációjának része[ANS].

Nemzetközi trendek: ellátási lánc és új reaktorprojektek

A nukleáris ellátási lánc a globális növekedésre készül, ahogy azt a World Nuclear Association legutóbbi konferenciáján is hangsúlyozták. Kiemelt nemzetközi fejlemények:

• Gőzturbina-hengerek telepítése Kína Haiyang 3 erőművében.
• Új, négy reaktoros telephely jóváhagyása Indiában, Rádzsasztánban.
• Belgium és Dánia újragondolja a nukleáris kivonulási politikáját.
• Brazília az oroszokkal való SMR-együttműködést vizsgálja.
• Kanada előrelép a szállítható nukleáris erőmű-technológia terén[World Nuclear News].

Érintetti bevonás és a nukleáris energia szerepe a tiszta átmenetben

Az IAEA konferenciasorozata továbbra is hangsúlyozza az érintetti bevonás fontosságát a nukleáris non-proliferáció, biztonság és a közbizalom szempontjából. A panelek foglalkoznak a közvélemény-tájékoztatás tanulságaival, a nukleáris energia ipari dekarbonizációban betöltött szerepével és az újonnan belépő országok nukleáris infrastruktúra-fejlesztési tapasztalataival is[IAEA].

További részletek a következő forrásokon: - World Nuclear News - NucNet - IAEA - ANS

@ 21c71bfa:e28fa0f6

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@ a8d1560d:3fec7a08

NIP-XX

Documentation and Wikis with Spaces and Format Declaration

draft optional

Summary

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

---

Motivation

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

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

This NIP addresses both by introducing:

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

---

Specification

kind: 31055 – Space Definition

Defines a project namespace for articles.

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

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

---

kind: 31056 – Article

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

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

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

---

kind: 31057 – Redirect

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

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

Content: empty.

---

kind: 31058 – Merge Request

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

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

Content: proposed article content.

---

Format Guidelines

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

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

---

Client Behavior

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

---

Examples

Space Definition

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

Markdown Article

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

Asciidoc Article

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

Wikitext Article

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

Redirect

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

Merge Request

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

---

Acknowledgements

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

@ 91117f2b:111207d6

Success is a journey, not a destination. Here's a step-by-step guide to help you achieve your goals:

Step 1: Set Clear Goals

1. Define what success means to you.
2. Set specific, measurable, achievable, relevant, and time-bound (SMART) goals.
3. Write down your goals and track progress.
4. Make sure you go through with your goals even in hard times.

Step 2: Create a Plan

1. Break down large goals into smaller tasks.
2. Prioritize tasks based on importance and urgency.
3. Establish a timeline for completion.

Step 3: Develop a Growth Mindset

1. Embrace challenges and learn from failures.
2. Stay curious and keep learning.
3. Believe in your ability to grow and improve.

Step 4: Build Positive Habits

1. Establish a morning routine.
2. Practice self-care and prioritize well-being.
3. Stay organized and focused.

Step 5: Take Action

1. Start taking small steps towards your goals.
2. Stay consistent and persistent.
3. Celebrate your progress and achievements.

Step 6: Overcome Obstacles

1. Identify potential obstacles and plan for them.
2. Stay flexible and adapt to changes.
3. Seek support from others when needed.

Step 7: Stay Motivated

1. Find your why and remind yourself of it often.
2. Surround yourself with positive influences.
3. Reward yourself for progress and milestones.

Step 8: Review and Adjust

1. Regularly review your progress.
2. Adjust your plan as needed.
3. Stay focused on your goals.

By following these steps, you'll be well on your way to achieving success. Remember, success is a journey, and every step you take brings you closer to your goals.

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@ bf47c19e:c3d2573b

Originalni tekst na novimagazin.rs. / Autor: Mijat Lakićević

---

Razgovarao: Mijat Lakićević

Do januara ove godine Lazar Stojković je radio na UC Berkeley School of Information na poziciji asistenta Mortena Hansena, jednog od najistaknutijih profesora menadžmenta u svetu. U martu se, međutim, odlučuje da napusti akademsku karijeru i zauzima poziciju glavnog dizajnera proizvoda u jednom novom start-apu u San Francisku. Ono što za sada o tome može da kaže jeste da je okupljen “fantastičan tim” (o čemu, recimo, govori podatak da je “prethodna kompanija koju je osnovao naš CEO 2013. godine prodata za preko 200 miliona dolara”) u koji su investirale neke od najznačajnijih američkih “venture capital” firmi: Founder Collective (investirali u Uber, BuzzFeed, Periscope, IFTTT, Venmo, Vimeo, itd), General Catalyst (investirali u Airbnb, Snapchat, itd.); Formation 8 (investirali u Oculus). Pored toga, međutim, naš sagovornik nije izgubio sve veze sa Srbijom, naprotiv; trenutno kao mentor u beogradskom ICT Habu, ali i na druge načine, pomaže razvoj start-ap kompanija i povezivanje naše tehnološke zajednice sa Silicijumskom dolinom.

U SAD ima mnogo naših ljudi, naročito u oblasti visokih tehnologija, ali povratne sprege nema. Dačić je pre dve godine bio u SAD na investicionoj konferenciji, kakvi su efekti?

Efekti su svakako dobri za Dačića i pripadnike državne delegacije koja je turistički obišla Zapadnu obalu. Ni Majkrosoft nije loše prošao, jer mu je tadašnji predsednik Vlade usput ostavio još novca srpskih poreskih obveznika. Sve u svemu, ceo taj put mogao bi da se okvalifikuje više kao “shopping trip” za trošenje novca, nego kao investiciona konferencija za njegovo privlačenje. Osim toga, sam događaj u San Francisku bio je amaterski organizovan – niti je imao bilo kakav publicitet u lokalnim medijima, niti je postojala vidljivost u ovdašnjoj tehnološkoj zajednici.

Veću korist od toga donela je majska poseta mojih prijatelja iz 500 Start-ups, drugog najboljeg start-ap akceleratora u svetu, zvezdarskom ICT Habu. Osim predavanja koje su održali start-apima u Beogradu i Novom Sadu, njih trojica su tom prilikom odlučili da 500 Start-ups investira u TruckTrack Vuka Nikolića. Kasnije se jedan od njih odlučio i da kupi stan u Beogradu, jer se potpuno zaljubio u atmosferu srpske prestonice. To su direktne strane investicije, a ne politički marketing.

Što se povratne sprege između tehnološke dijaspore i Srbije tiče, ne bih se složio da ona uopšte ne postoji, ona je samo u skladu sa opštim privrednim okruženjem u zemlji.

Kakva je na osnovu vašeg iskustva ta poslovna klima?

Poslovnu klimu u Srbiji karakterišu: neefikasnost javne uprave i gomila nepotrebne birokratije; arhaičan sistem obrazovanja, uglavnom neprilagođen potrebama tržišta, koji ne proizvodi dovoljno kvalifikovane radne snage; sporost sudova i proizvoljno tumačenje čak i onih relativno savremenih zakona. Uvek se setim onih momaka koji su završili u zatvoru zbog affiliate sajta i dečka kome je tržišni inspektor uručio pozamašnu kaznu za obavljanje delatnosti za koju nije registrovan zbog 10 evra koje je dotični zaradio za godinu dana od specijalizovanog bloga o parfemima. Ako postoji nerazumevanje za bilo kakvo tehnološko preduzetništvo, čak i na tom najnižem nivou, šta onda reći za ozbiljnije poslove?

Kad ste već pomenuli visoke tehnologije, u Srbiji se mnogo govori da je to naša šansa, primer koji ste pomenuli to demantuje.

I ne samo to. U Srbiji nema propisa koji bi potpomogli dalji razvoj tehnološke industrije. Na primer, Srbija još uvek nema pravni ekvivalent “safe harbor” stavki iz američkog Digital milenijum kopirajt akta (Digital Millenium Copyright Act – DMCA), koji je na snazi još od 1998. godine, a predstavlja zakonski mehanizam zaštite za kreatore digitalnih proizvoda od pokušaja drugih da zloupotrebe njihove mobilne aplikacije.

Sa druge strane, ima mnogo propisa koji sprečavaju bilo kakav napredak u određenim oblastima, u čemu ubedljivo prednjači Narodna banka Srbije. Moj omiljeni primer čak nije ni ceo onaj višegodišnji cirkus sa PayPalom koji je nastao zbog zakona o deviznom poslovanju, već zabrana NBS da domaća pravna lica imaju bilo kakve veze sa bitkoinom. Čisto da stavimo stvari u perspektivu, dotična tehnološka inovacija koju po značaju mnogi ovde upoređuju sa World Wide Webom, počinje polako da menja kompletan dosadašnji finansijski sistem i, sa investicijama od blizu 360 miliona dolara, samo od početka ove godine predstavlja ubedljivo najbrže rastuću tehnološku oblast u svetu kada je reč o investiranje u start-apove. Naravno, od toga ni dinar neće završiti u Srbiji.

Posledice?

Nerazumevanje da u današnjem globalizovanom svetu niko ko se bavi tehnologijom jednostavno ne mora da trpi sve ovo gore pobrojano. Zahvaljujući poslovanju koje nije vezano za fizičku lokaciju, svako ima slobodu da bilo kada želi izmesti svoj biznis gde god poželi, a sa njim i kompletne poreske i druge prihode za zemlju u kojoj je biznis registrovan. I ljudi to i rade. Čim se pojave bilo kakvi prihodi, gotovo svi koji imaju veze sa tehnologijom – od frilensera do preduzetnika – Srbiji se zahvale na saradnji, zatvore firmu tu i otvore preko Interneta kompaniju u Delaveru, Singapuru ili negde drugde, jer im jednostavno ne pada na pamet da finansiraju postojeći sistem u Srbiji. Ubrzo nakon što se biznis izmesti iz Srbije, dobar deo shvati da ni oni ne moraju baš da budu tu, nakon čega sledi emigracija.

Najalarmantnija stvar u vezi sa ovim poslednjim je što se uopšte ne radi o običnim inženjerima, koji ionako odlaze u ogromnom broju već skoro 25 godina i čija svaka kupljena karta u jednom pravcu, bar u slučaju IT stručnjaka, Srbiju košta između 50 i 100 hiljada evra, jer je to cena njihovog obrazovanja. Ne, ovde je reč o preduzetnicima koji pokreću nove poslove, stvaraju vrednost, otvaraju nova radna mesta. A svako radno mesto u tehnološkoj industriji u proseku kreira još 4,3 druga radna mesta u privredi, dok, na primer, svako radno mesto u proizvodnji kreira samo 1,4 druga mesta. Njihov egzodus – koji se, bar sudeći po krugu ljudi koje poznajem, samo ubrzava poslednjih godina – ne samo da dugoročno znači ogroman finansijski gubitak za zemlju, već predstavlja i svojevrsnu nacionalnu katastrofu.

Dakle, povratne sprege nema, jer se oni ne vraćaju u Srbiju?

Zbog svih ovih stvari o kojima sam govorio retko kome ko je iole profesionalno ostvaren u inostranstvu uopšte pada na pamet da se vraća i pokreće bilo kakav biznis iz Srbije. Umesto toga, ljudi se odlučuju za nešto drugo: osnivaju kompanije tamo gde je poslovna klima dobra, što znači ne u Srbiji, a onda Srbiju koriste kao neku vrstu domaće autsorsing destinacije. Odnos cena-kvalitet tu je zaista odličan. Na primer, za godišnju platu jednog dobrog softverskog inženjera u San Francisku, u Beogradu se može zaposliti ceo tim.

Naravno, američke kompanije koje su osnovali naši ljudi koriste to kao “tajno oružje”, pa se tako, na primer, ceo razvojni tim veoma uspešnog start-apa Frejm iz Silicijumske doline nalazi u Nišu, jer je odatle njegov osnivač Nikola Božinović, koji inače već gotovo 20 godina živi u Americi. Takvih primera ima mnogo. Poznajem nekolicinu ljudi koji su potrošili bukvalno milione dolara na autsorsing u Srbiji tokom poslednjih desetak godina. Oni bi vrlo rado investirali u srpske start-apove, i ne samo oni, ali je ponuda još uvek jako tanka, poslovna klima nikome ne uliva poverenje, a start-ap ekosistem je u ranoj fazi razvoja, pa do tih transakcija još uvek ne dolazi u nekom značajnijem broju.

Start-ap eko sistem. Šta pod tim podrazumevate?

To znači, prvo, konačan prestanak maštanja o reindustrijalizaciji koju će doneti neki krupni investitori iz inostranstva. Oni se ionako, bar u novijoj istoriji Srbije, nikada nisu pojavljivali bez debelih subvencija i ekspresnog proglašavanja njihovih ugovora državnom tajnom. Drugo, to znači prepoznavanje resursa kojima raspolažemo, dakle pametnih mladih ljudi koji se bave tehnologijom, s jedne strane, i pružanje tim ljudima najboljih uslova za život i rad, sa druge, umesto da im se i jedno i drugo na svakom koraku otežava.

Na primer, šta bi se desilo kada bismo u Novom Sadu umesto brojnih postojećih firmi koje se bave autsorsing uslugama imali stotinjak kompanija fokusiranih na proizvode kao što je Eipix? Odgovor: imali bismo oko 15.000 novih radnih mesta, veoma bogatu prestonicu Pokrajine, visok rast životnog standarda u tom delu zemlje i mnogo naplaćenog poreza.

Ta prilika neće trajati večito. Procenat mladih preduzetnika kojima je jedini cilj da odu iz zemlje, jer u njoj ne vide nikakvu perspektivu, iz godine u godinu raste. Strani investicioni fondovi bukvalno otimaju najperspektivnije nove srpske start-apove. Na primer, bugarski Eleven raspolaže sa desetak miliona evra kapitala, mahom iz evropskih fondova. U okruženju koje im ne nudi baš ništa osim problema, tridesetak najzanimljivijih srpskih start-apova prodalo je svoje vlasničke udele Elevenu uz obavezu preseljenja u Sofiju, ruku na srce, uglavnom privremenog. Ko zna koliko će novih kompanija, koje bi mogle da budu novi Nordeusi, Srbija zbog toga izgubiti u korist svog istočnog suseda?

I vi spadate u grupu mladih ljudi koje opisujete. Opisali ste i razloge zbog kojih se odlazi. Ipak, konkretno, zašto ste vi otišli iz Srbije?

Kao što ste rekli, otišao sam iz svih onih na početku ovog razgovora navedenih razloga, plus opšta društvena klima koja je, nažalost, izuzetno nezdrava. Iako ima solidan potencijal da bude lepo mesto za život i posao, zemlja u kojoj sam rođen postala je udžbenički primer negativne društvene selekcije i jednostavno nije zemlja u kojoj želim da živim i u kojoj bih jednog dana trebalo da odgajam svoju decu.

Šta ste pronašli u Americi?

U Zalivskoj oblasti San Franciska pronašao sam jedno napredno, stimulativno, kosmopolitsko okruženje, zagledano u budućnost. To je neki jedinstveni koktel globalizacije, hakerskog idealizma, hipi etike, mešavine vrednosti koje kreira tehnološka industrija sa starim kapitalizmom Zapadne obale, umetničke ekscentričnosti San Franciska, tipično kalifornijske opuštenosti i vere u to da ovde svojim znanjem svet možemo da učinimo boljim mestom. Osim toga, Zalivska oblast, tj. Silicijumska dolina, ima ubedljivo najveću koncentraciju pametnih ljudi na jednom mestu u celom svetu.

Filozofija razvoja u SAD, u poređenju sa Srbijom, ako to uopšte ima smisla?

Poređenje nema previše smisla, jer su filozofije poslovanja i poslovna klima dijametralno suprotni između ove dve zemlje. Biznis je u Americi nacionalni sport broj jedan. Čak i ljudi koji rade relativno slabo plaćene poslove, trude se da imaju svoj mali investicioni portfelj hartija od vrednosti i svi prate kretanje cene akcija na berzi. Kada govorimo o preduzetništvu, kapital je dostupan za bilo koju dobru ideju. Start-apovi se ne fokusiraju toliko na profit na kraće staze, već teže brzom rastu. Tako nije ništa neobično da investitori u neki neprofitabilni biznis investiraju i po stotinjak miliona dolara. A desi se i, recimo, čak 1,2 milijarde kao u slučaju Snapchata, iako ta firma do sada nije napravila nijedan cent prihoda, jer znaju da će novac sam po sebi kasnije doći ako se napravi proizvod koji ima vrednost za veliki broj ljudi.

U Srbiji ništa od gore nabrojanog nije slučaj. Korporativizacija praktično ne postoji, što je posledica skandalozno visokih troškova osnivanja i vođenja akcionarskog preduzeća kao forme privrednog društva. Poređenja radi, u Americi osnivanje korporacije košta 150-300 dolara, završava se brzo preko Interneta, ne postoje tekući troškovi ako nema prihoda i zato maltene svi imaju registrovanu neku firmu. Pošto su korporacije u Srbiji za domaće privrednike skupa egzotika, većina ekonomske aktivnosti ide kroz preduzetnike – “sole proprietorship” – i društva sa ograničenom odgovornošću. Posledica toga je da je Beogradska berza danas potpuno irelevantan faktor, tako da je i interesovanje građana za investiranje tim putem praktično nepostojeće. To dalje vodi ka tome da se imućniji ljudi uglavnom odlučuju za investiranje u nekretnine, što je jedan od najkonzervativnijih pristupa investicijama i donosi najmanju dobit. Što se pokretanja novog posla tiče, u Srbiji to u većini slučajeva znači pozajmljivanje novca od PRP – porodica, rodbina i prijatelji – ili odlazak u banku po kredit. “Venture capital” ne postoji, što srpske firme onda stavlja pred izazov da moraju što pre da budu profitabilne, jer jednom kada početni kapital nestane – “game over”. Niko ne razmišlja o agresivnom rastu koji se kasnije može pretvoriti u masivne prihode i tržišnu dominaciju, jer su fokusirani na to kako da plate PDV sledećeg meseca za prodatu robu ili usluge koje još uvek nisu ni naplatili. Zbog toga svi otvaraju pekare, kafiće i kioske brze hrane: promet kreće odmah i “cash flow” se brzo stabilizuje. Zbog svega toga Srbija ima primitivnu ekonomiju koja je u proseku oko pola veka iza razvijenog sveta.

Predlagali ste pre dve godine da se Srbija orijentiše ka razvoju robotike, civilnih bespilotnih letelica i 3D štampe. Niko vas nije čuo. Šta se desilo u međuvremenu u tim sferama, da li je sad kasno za to, šta su nove prilike, ako ih ima?

Sva tri i dalje stoje kao ogromne prilike za razvoj, jer će potražnja u srednjem roku biti toliko veća od ponude da je i dalje u pitanju fantastična biznis prilika. Druge dve nove prilike su Bitcoin i Virtual Reality.

Bitcoin i kriptovalute – koje, kao što rekoh na početku, nijedno pravno lice u Srbiji ne sme ni da takne, zahvaljujući uobičajenoj kratkovidosti Narodne banke Srbije. Blockchain kao “open source” projekat već obećava da postane osnova svih finansijskih transakcija u budućnosti, i ne samo njih, a već sada počinje polako da ubija praistorijske biznise koji se oslanjaju na skupe informacione transakcije, kao što je na primer Vestern union.

Virtual Reality je drugi veliki talas tehnološke inovacije koji nama kao čovečanstvu, nakon tridesetak godina iščekivanja i razočaranja, konačno stiže zahvaljujući tehnologijama kao što su Oculus, u vlasništvu Facebooka; Magic Leap, glavni investitor Gugl; HoloLens, Majkrosoftovo čedo, pa čak i Cardboard, Guglov genijalni projekat za upotrebu pametnih telefona kao VR naočara. Ovaj mega trend će dugoročno potpuno promeniti gotovo celokupnu ljudsku interakciju sa mašinama, od toga kako radimo do toga kako se zabavljamo u slobodno vreme. Rekao bih da su startne pozicije što se platformi tiče već zauzete – bar za prvo vreme, jer su pomenute korporacije potrošile milijarde dolara na istraživanje i razvoj tih tehnologija – ali postoji ogroman prazan prostor što se tiče kreiranja sadržaja za njih. Narednih godina će se na tome praviti imperije.

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In the valley of Wudo, nestled between emerald mountains and singing rivers, there was a village known for its harmony. The people of Wudil lived simple lives farming, weaving, raising children, and singing their local song to the wind. Their days flowed with the rhythm of nature, untouched by war, plague, or tyranny. For generations, the people believed they were blessed by the gods of balance.

Among them was a young woman named Eva. A gardener by trade, Eva tended to the central orchard, where trees older than memory bore fruit that nourished the entire village. She was known for her patience, her kindness, and her unwavering devotion to her garden. She’d never known violence, nor sorrow deeper than a poor harvest.

Eva believed peace was the default state of the world, like a calm lake reflecting the sky.

Fire came from beyond the mountains.

No one saw it coming not until the smoke darkened the horizon. A warlord named Stephen, a conqueror from the north, sought to expand his empire. The village of Wudil, with its fertile lands and soft people, was no obstacle.

The soldiers descended like wolves.

Homes were burned. Families torn apart. Screams replaced songs. Eva, who had never raised a hand in anger, watched her orchard set ablaze, twisting in fire, roots cracking, birds fleeing into the smoke.

She ran. She survived. But everything she had known, every idea she had clung to about the world being kind and calm was turned to ash in a single night.

She wandered for weeks through scorched forests and ravaged towns. She saw the aftermath of chaos starving children, hollow-eyed men, women digging graves with bare hands. And each time she closed her eyes, she heard the fire crackle and the cries of her neighbors.

The peace she once knew now felt like a dream someone else had lived.

Eventually, Eva reached the wasteland. A vast, arid expanse where nothing grew and the sky was white with heat. There, she collapsed body thin, lips cracked, hope extinguished.

She expected to die.

But she didn’t.

A band of wanderers found her. Survivors from other broken lands. They took her in, gave her water, patched her wounds. They were not like the people of Wudil; there was no softness in them. They had lived through war, betrayal, famine. They spoke little, but their silence carried weight.

Among them was an old woman named Serah. Scarred, one eye blind, but her presence quiet and steady.

“You come from the green valley,” Serah said one night. “The ones who believed they’d been spared.”

Eva nodded slowly.

“And now you know,” Serah said, “peace is not something given. It is something grown.”

“I thought I had peace,” Eva whispered.

“No. You had comfort. The two are not the same.”

Years passed.

Eva stayed with the wanderers, traveling from ruin to ruin, helping the broken rebuild. She learned to defend herself, to plant seeds in difficult soil, to listen more than she spoke. The ache inside her never truly faded, but it no longer ruled her.

One day, she returned to the valley of Wudo.

There was nothing left of Wudil but ruins. The land was overgrown, the orchard just blackened stumps. But the river still sang. And the soil, though scarred, was still rich.

Eva dropped to her knees and dug her fingers into the earth.

She planted the first seed.

Others joined her refugees, wanderers, survivors who had lost their homes. They built slowly, with hands that had known suffering. They did not speak of peace as something fragile, but as something they must forge again and again like fire-forged steel.

The orchard grew once more. But this time, every branch held memory. Every root, resilience.

Eva became the heart of the new village. The children called her the Flame-Gardener not because she brought destruction, but because she had survived it and bloomed anyway.

One evening, under the silver moon, a child asked her, “Why do you never fear the storms?”

Eva smiled softly. “Because I’ve lived through worse. And I’ve learned true peace doesn’t come when the world is quiet. It comes when your soul is strong enough to stand in the storm... and stay still.”

@ bf47c19e:c3d2573b

Originalni tekst na bitcoin-balkan.com.

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Pregled sadržaja

1. Šta je blockchain?
2. Kako mogu da saznam više o Bitcoin-u?

Ukoliko niste pročitali naš uvodni tekst o Bitcoin-u, i zašto vam je važno da to učinite, onda prvo pročitajte: Šta je Bitcoin i kako on može da nam pomogne?

Bitcoin, sa velikim B na početku, odnosi se na mrežu računara koji održavaju knjigu stanja na akauntima bitcoin digitalne valute, slično kao što banke održavaju knjigu stanja na računima dolara, eura ili neke druge valute. Bitcoin softver, odnosno protokol, takođe omogućava korisnicima da putem interneta pošalju bitcoin-e sa svog akaunta na drugi akaunt, slično PayPal-u ili Venmo-u, ali bez kompanije koja pruža uslugu prenosa. Bitcoin softver je otvorenog koda, tako da svako može da ga pokrene na svom računaru i da se pridružiti mreži.

Najbolji način da se razume kako Bitcoin funkcioniše “iznutra” je da ga zamislimo kao finansijski sistem.

Centralne banke i vlade proizvode i distribuiraju novac pozajmljujući ga ljudima, i trošeći ga na oružje, puteve i socijalne programe. Ovaj sistem se naziva sistemom zasnovanom na dugovima, jer svaki put kada banka da zajam, stvara se nova valuta koja ranije nije postojala. Ova valuta ima vrednost jer dug koji ju je stvorio ima vrednost: primalac zajma obećava da će otplatiti svoj dug banci, plus kamate.

Kad god banka odobri kredit, ona stvara novu valutu. Ovo takodje važi i kada podignete hipoteku ili kredit za auto. Takođe se primenjuje i kada Američke Federalne Rezerve kupuju državne obveznice od vlade Sjedinjenih Država. U svakom od ovih slučajeva, banka šalje novonastalu valutu primaocu zajma. Primaoc zajma obećava banci da će u budućnosti vratiti tu valutu, plus kamate. Međutim, ulaz nove valute u sistem znači i da opada vrednost postojeće valute koja je u opticaju. To se dešava kroz proces koji se obično naziva inflacija.

Da bi imali koristi od pogodnih usluga koje nude banke, poput kreditnih kartica i digitalnih transfera novca, normalni ljudi i preduzeća obično novac drže na bankovnim računima. Svaka banka poseduje svoju knjigu sa računima svih svojih klijenata.

Banke su neophodne da bi omogućile digitalna plaćanja koja vršimo svakodnevno, jer su nam potrebne pouzdane strane koje bi proverile da li se sav računovodstveni sistem sabira. U suprotnom, bilo bi lako da neko uradi “copy-paste“ jednog dela digitalnog novca i da ga potroši dva puta, ili da doda par nula na stanje svog računa.

Sada razumemo nekoliko ključnih tačaka o trenutnom sistemu zasnovanom na dugu: banke proizvode novu valutu svaki put kad pozajmljuju novac, a većina ljudi svoj novac čuva u bankama koje im nude pogodnosti.

Bitcoin je malo drugačiji. Hajde da započnemo ovo putovanje sa pitanjem.

Šta ako bi svi posedovali knjigu stanja na računima, baš kao i banka?

Umesto da banke poseduju po jednu knjigu depozita svojih klijenata, šta ako svi poseduju istu knjigu, sa detaljnim opisima svih stanja na računima svih učesnika u ekonomiji? O privatnosti ne morate da brinete ni na trenutak – to ćemo objasniti kasnije.

Hajde da vidimo kako bi transakcija mogla da se izvrši koristeći ovakav bankarski sistem. Recimo da Ana želi da plati Davidu 10 digitalnih „novčića“. Ona tu transakciju zapisuje u e-mail, potpisuje je digitalno kako bi svi bili sigurni da e-mail dolazi od stvarne Ane, i šalje ga svima ostalima. Kada ostali prime taj e-mail, oni ažuriraju svoje knjige, tako što skinu 10 novčića sa Aninog računa i dodaju 10 novčića na Davidov račun.

Zašto bi se neko trudio da evidentira transakciju u svojoj knjizi?

Recimo da će prva osoba koja izvrši sledeće korake dobiti 5 novčića:

1. Proverom da li je prava Ana potpisala transakciju
2. Proverom da li Ana ima dovoljno sredstava na svom računu da plati Davidu 10 novčića
3. Zapisivanje transakcije ukoliko ispunjava uslove 1) i 2)

Primetićete da se ovo mnogo razlikuje od trenutnog monetarnog sistema. U novom sistemu morate da imate novčiće da biste mogli da ih date nekom drugom. Ne postoje banke sa posebnim privilegijama koje mogu da stvore valutu davanjem zajma.

Umesto da dozvoljava samo maloj grupi bankara da prave nove valute, novi sistem omogućava svima da kreiraju novu valutu ako pružaju korisnu uslugu mreži: verifikovanje i evidentiranje transakcija između ljudi. Nazvaćemo ovo nagradom za potvrđivanje.

Kako se svi slože oko pravila sistema? Ona su kodirana u softverskom protokolu otvorenog koda. To znači da svako može besplatno da preuzme pravila sistema sa interneta i da počne da ih koristi za zaradu valute u sistemu. Ako svi koriste isti skup pravila, njihove knjige će se sinhronizovati, jer će prihvatiti i odbiti potpuno iste transakcije.

• Otvoreni kod = svako može da preuzme kod i da ga pročita
• Softverski protokol = skup pravila napisanih u kodu

Kako zaustaviti ljude koji pokušavaju da prevare sistem da bi zaradili “nagradu za potvrdu”?

Recimo da Boris i Marko žele da se obogate – oni bi mogli jedan drugom da plaćaju po jedan novčić u krug, vodeći računa da neko od njih prvi zabeleži transakciju kako bi mogli da zahtevaju nagradu za potvrdu. Pomoću ove šeme oni bi u osnovi mogli da stvore (odštampaju) novu valutu, kad god oni to požele!

Softverski protokol to zaustavlja zahtevajući da osoba koja validira transakciju uradi neki „posao“ sa računarom kako bi je zabeležila. Ovo osigurava da računari moraju da troše energiju za zabeležavanje transakcija, pa bi u tom slučaju varanje sistema bilo veoma skupo. Borisova i Markova šema varanja sistema više nema finansijskog smisla. Da bismo demonstrirali ovaj proces, pogledajmo Filipa i njegov C-Bot računar. Filip je na svoj računar instalirao Bitcoin protokol, koji predstavlja Bitcoin-ov softverski protokol otvorenog koda koji sadrži pravila Bitcoin sistema.

Kako C-Bot Verifikuje Transakcije

Korak 1: Slušanje transakcija

Prvo, C-Bot sluša transakcije (skraćeno “txn”) koje Ana, Boris, Marko i David emituju putem interneta.

Korak 2: Stvara “Heš”

Drugo, C-Bot će prikupiti sledeće delove podataka:

• Sve Bitcoin transakcije koje ljudi šalju
• Tajni broj (objasnićemo kasnije)
• Nonce – neki slučajan broj

C-Bot sve ovo stavlja u heš mašinu. Mašina za heširanje uzima sve ove podatke i proizvodi 256 bitova (bitovi su 1 i 0) koji se jedinstveno uklapaju u te podatke, nazvane ‘heš’. To heširanje je poput otiska prsta podataka. Uvek ćete dobiti isti heš sa istim ulaznim podacima. Mašina za heširanje je takođe jednosmerna: lako je stvoriti heš od nekih podataka, ali ne možete da stavite heš u mašinu i da vratite ulazne podatke.

C-Bot će iznova isprobavati svoju heš mašinu sa drugim nonce-om (slučajnim brojem). Svaki put, on će proveriti da li je mašina proizvela heš za koji Bitcoin softverski protokol kaže da je tačan.

Ovaj proces pronalaženja heša troši puno vremena i energije. Mašina za heširanje je jednosmerna, tako da C-Bot ne može tek tako da stavi ‘tačan’ heš u mašinu i otkrije ulazne podatke. Svaki računar na Bitcoin mreži takođe prolazi kroz ovaj proces pokušavajući da pronađe ‘ispravan’ heš.

Ukoliko bi ovi računari uspeli da pronađu ‘ispravan’ heš bez velikog trošenja energije, mogli bi da prevare sistem. Dva računara bi mogla da prosleđuju transakcije u krug, zarađujući bitcoin-e svaki put kada bi potvrdili transakciju.

Korak 3: Pronalaženje Ispravnog Heša

C-Bot konačno pronalazi heš koji zadovoljava pravila Bitcoin protokola koristeći sve nedavne transakcije. Sada ovaj blok podataka šalje na druge računare. Blok se sastoji od nedavnih transakcija, nonce-a i tajnog broja. Ti drugi računari stavljaju sve ove podatke kroz istu heš mašinu za sebe, da bi proverili da li je heširanje tog C-Bota tačno. S obzirom da znamo da računari ne mogu da varaju u ovoj igri, znamo da je C-Bot morao da izvrši neka izračunavanja sa svojom heš mašinom da bi pronašao ispravan heš.

Heš bloka C-Bota koji je poslat, sada postaje tajni broj koji ulazi u izračunavanje sledećeg bloka. Budući da heš svakog bloka u ‘blockchain-u’ bitcoin-a koristi heš poslednjeg bloka kao ulaz, bila bi potrebna apsurdna količina energije da se prepiše istorija transakcija (lanac blokova, eng. the blockchain)

Budući da se svačija stanja bitcoin-a zasnivaju na transakcijama na i sa njihovih računa, to takođe onemogućava izmenu bilo čijih stanja bitcoin-a.

Čitav ovaj proces poznat je pod nazivom rudarenje bitcoin-a. Svaki računar na mreži pokušava da proba nove podatke kroz heš mašinu, bilione puta u sekundi.

Šta je blockchain?

Blockchain predstavlja istoriju Bitcoin transakcija, koja omogućava bilo kome da utvrdi svoje Bitcoin stanje.

• ‘Block – Blok’ = Grupa Bitcoin transakcija, nonce-a i heša prethodnog bloka
• ‘Chain – Lanac’ = Heš svakog bloka takođe koristi heš prethodnog bloka kao ulaz. Ovo povezuje podatke svakog bloka sa svakim drugim blokom, stvarajući chain – lanac.

Na blockchain-u, prava imena nisu povezana sa bitcoin-ima. Bitcoin-i su povezani samo sa slučajnim nizom brojeva i slova poznatim kao ‘javni ključ’. Ovo korisnike Bitcoin-a i njihova stanja čini poprilično anonimnima za sve koji vode knjigu.

Kada posedujete bitcoin-e, vi imate password za otključavanje vaših bitcoin bankovnih računa. Ovi računi postoje na hiljadama računara širom sveta koji pokreću Bitcoin protokol.

Kako mogu da saznam više o Bitcoin-u?

Ovaj članak vam je dao razumevanje o tome kako funkcioniše Bitcoin protokol i kako se osiguravaju njegova neverovatna svojstva.

Ako želite da saznate više, preporučujem vam ove izvore:

• Šta Je Bitcoin, I Kako On Može Da Nam Pomogne?
• Zašto Baš Bitcoin?

Ako vam se sviđa moj rad, molim vas da ga podelite sa svojim prijateljima i porodicom. Cilj mi je da svima pružim pogled u ekonomiju i na to kako ona utiče na njihov život.

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Originalni tekst na bitcoin-balkan.com.

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Pregled sadržaja

1. Pojedinac je Suveren
2. Odgovornost je Programirana

Postoji izreka među bitcoinerima, koja, kako vreme prolazi, postaje sve istinitija i očiglednija: Ti ne menjaš Bitcoin. Bitcoin menja tebe.

Zašto je to tako? U početku nisam bio siguran kako da odgovorim na ovo pitanje; Jednostavno sam znao da je to istina. Razlozi za to ostali su neka vrsta misterije za mene. Da, Bitcoin je neverovatno otporan na promene. I da, zdrav novac smanjuje vaše vremenske preference. To je definitivno veliki deo toga. Takođe postoji istorijska tendencija ka bogaćenju, pa bi bogatstvo i ekonomska sloboda, koje dolaze sa tim, mogli biti drugi deo.

Novac, međutim, nije uvek blagoslov. On teži da pojača i dobre i loše osobine. Takođe ima moć da korumpira, i ima potencijal da izludi ljude. Ako niste pažljivi, ono što je započelo kao iznenadno bogatstvo, uskoro se može pretvoriti u napitak ega koji vas napije, i koji se završava sindromom Bitcoin Derangement-a.

Već postoji dosta tekstova o kratkim vremenskim preferencijama i bogatstvu, zbog čega želim da se usredsredim na treću stvar koju vam Bitcoin nameće: odgovornost.

Pojedinac je Suveren

Cela ideja Bitcoin-a je uklanjanje posrednika iz jednačine. Pouzdane treće strane su sigurnosne rupe i ukoliko ne želimo da ponovimo greške iz prošlosti, naša je kolektivna odgovornost da te sigurnosne rupe eliminišemo kad god i gde god možemo. Bitcoin omogućava eliminisanje pouzdanih trećih strana jer se sam uspostavlja odozdo prema gore, umesto da se kreira odozgo prema dole. U Bitcoin-u vaš suverenitet može biti apsolutan.

Bitcoin naglašava suverenitet pojedinca, kako u teoriji, tako i u praksi. Omogućava ekonomskim akterima da slobodno skladište i razmenjuju vrednosti, ne zahtevajući ništa osim validnog kriptografskog potpisa. Identitet grupe, pol, boja kože, starost, politička ili verska pripadnost – sve je irelevantno u očima protokola. Ako vaša transakcija ima validan potpis, Bitcoin će vas shvatiti ozbiljno. Bez obzira da li ste osoba, pas ili borbeni helikopter.

Baš kao što se intersekcionalnost rešava fokusiranjem na pojedinca, problem pouzdanih trećih strana rešava se fokusiranjem na pojedinačne čvorove. Uklanjanjem socijalnog i političkog identiteta, ostaje pojedinac. Uklonite pouzdane treće strane i spoljne izvore istine, i ostaje samosuvereni čvor. I baš kao što je ljudsko dostojanstvo nepovredivo, nepovrediva je i samopotvrđujuća istina koju predstavlja vaš Bitcoin čvor, eng. Bitcoin node. Ako bi spoljni autoritet mogao da se umeša u istinu vašeg čvora, cela poenta Bitcoin-a bila bi sporna.

“Die Würde des Menschen ist unantastbar.” – Ljudsko dostojanstvo je nepovredivo

Artikel 1 des Grundgesetzes für die Bundesrepublik Deutschland – Član 1. Osnovnog zakona Savezne Republike Nemačke

Sve se svodi na pojedinačne čvorove. Stoga, se sve svodi na pojedince koji upravljaju tim čvorovima.

Odgovornost je Programirana

Postoji razlog zašto bitcoineri govore o „putovanju“ niz zečju rupu. Jedini način da uđete u Bitcoin je da započnete sa malim ulaganjem, i postepeno se poboljšavate. Nije ni lako ni komforno, ali je i neophodno. Ne možete sve uraditi „ispravno“ prvog dana. Izazovi su preveliki, paradigma promena je previše radikalna, previše kompromisa, a pitanja previše detaljna.

Shodno tome, moj savet prijateljima i porodici ostaje isti: počnite da skupljate sats-ove već danas. To možda u ovim okolnostima i nije savršen savet za sve, ali u mojim očima je savršen samo iz sledećeg razloga: primorava vas da napravite prvi korak, a to je da uzmete nekoliko sats-ova na svoje ime.

Jednom kada steknete nešto bitcoin-a, ubacili ste sebe u igru. A kad jednom udjete u igru, na putu ste da postanete sve više samouvereniji. Na putu ste da preuzmete odgovornost za svoje finansije, svoju ušteđevinu, svoju budućnost i, možda pomalo iznenađujuće, za budućnost Bitcoina.

Zvuči veličanstveno? Dozvolite mi da objasnim: naučićete da zapravo ne posedujete bitcoin-e ukoliko ne držite svoje ključeve. Saznaćete da ne možete biti sigurni da je ono što zapravo držite bitcoin, osim ako svoje transakcije ne potvrdite svojim čvorom. Saznaćete da je Bitcoin šta god vi odlučite da jeste, da vrednost bitcoin-a ne dolazi spolja već iznutra, i da maksimalna korisnost u svetu Bitcoin-a zahteva prihvatanje maksimalne odgovornosti.

Osnovna stvarnost kako Bitcoin mreža funkcioniše, u kombinaciji sa sve većim brojem izveštaja o ovom efektu – lična transformacija ostvarena prihvatanjem Bitcoin Standarda – tera me da verujem da nije samo mesec ono što je programirano, već i prihvatanje odgovornosti takođe.

Budući da je bitcoin dizajniran da radi zauvek, koliko god iskustva da imate u igri, uskoro ćete imati veliku količinu. Kako raste kupovna moć vaše bitcoin gomile, tako će da rase i vaš podsticaj da postanete prvoklasni građanin Bitcoina. Želećeš da naučiš kako da se staraš o sebi. Želećeš da naučiš kako da pokreneš sopstveni čvor.

To prevazilazi mantre „nisu tvoji ključevi, nije tvoj bitcoin“ i „nije tvoj čvor, nisu tvoja pravila“. U vašem je najboljem interesu da podržite mrežu, bilo pokretanjem čvora, doprinosom hash snage, ili indirektno podržavanjem razvoja bitcoin-a. I tu dolazi do udarca: pokretanje sopstvenog čvora znači da učestvujete u samoj mreži, što vas neizbežno uključuje u proces definisanja šta je Bitcoin. Budući da vam niko ne može reći šta je to Bitcoin, morate odlučiti šta je vama Bitcoin, iznova i iznova. Mreža je rastući organizam koji se neprestano menja, a priroda prihvatanja nadogradnje protokola će u više navrata nametati pitanje identiteta Bitcoin-a svojim učesnicima.

Šta je Bitcoin? A šta bi trebao da bude? Nedostatak centralnog autoriteta podrazumeva da je odgovor na ova pitanja vaša trajna odgovornost. Međutim, pre nego što se usudite da preuzmete ovu odgovornost, vi morate preduzeti prvi korak i početi da štedite sami.

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