@ 527337d5:93e9525e

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

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

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Neil Strauss: A Mirror Reflecting the Self's Evolution

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

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

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Quantifying Connection: The Promise and Limits of Mathematical Models

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

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

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

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A Dispassionate Critique of Relationship Dogma

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

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

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The Unveiling of a Core Principle: Humans as Systems

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

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

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

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

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

• Upcoming updates for Bitcoin Safe include Compact Block Filters.

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

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

What's new in v1.3

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

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

Announcement / Archive
Blog Post / Archive
GitHub Repo
Website

@ dfa02707:41ca50e3

• 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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

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

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

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

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

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

What's new in v2.2.1

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

Announcement / Archive
GitHub Repo

@ eb0157af:77ab6c55

The Russian banking giant introduces financial instruments linked to Bitcoin for qualified investors.

Russia’s largest commercial banking institution, Sber, has made its entry into the Bitcoin space by unveiling a bond product tied to the asset.

Sber has officially launched its structured financial instrument that mirrors the price performance of Bitcoin alongside fluctuations in the dollar-ruble exchange rate. The product is already available to qualified investors through the over-the-counter (OTC) market, with plans to list it on the Moscow Exchange in the near future.

Formerly known as Sberbank, the institution stated in a May 30 announcement that the listing would provide transparency, liquidity, and convenience for a wide range of professional investors. This structured approach will allow investors to benefit both from Bitcoin’s appreciation in dollars and from the strengthening of the US dollar against the Russian ruble, the bank suggests.

The lender also announced plans to expand its crypto offering through the SberInvestments platform, introducing exchange-traded products that provide exposure to digital assets. The first product will be a Bitcoin futures instrument, scheduled for listing on June 4, coinciding with its official launch by the Moscow Exchange.

Sber’s initiative follows the authorization granted by Russia’s Central Bank on May 28, which permitted financial institutions to offer specific crypto-related financial instruments to accredited investors. However, the direct offering of cryptocurrencies remains prohibited.

Meanwhile, T-Bank (formerly Tinkoff Bank) launched an investment product linked to Bitcoin’s price, branding it a “smart asset” issued through Russia’s state-backed tokenization platform Atomyze.

According to the Russian Central Bank’s report for the first quarter of 2025, Russian residents hold approximately 827 billion rubles ($9.2 billion) in cryptocurrencies on centralized exchanges. Inflows into Russian crypto platforms surged by 51%, reaching 7.3 trillion rubles ($81.5 billion) over the same period.

The post Sber, Russia’s largest bank, launches Bitcoin bonds appeared first on Atlas21.

@ 9ca447d2:fbf5a36d

Metaplanet Inc. has bought 1,088 more bitcoin (BTC), and now holds 8,888 BTC worth over $930 million. This puts Metaplanet in the top 10 corporate bitcoin holders, ahead of Galaxy Digital and Block Inc.

Metaplanet Inc. on X

The company’s CEO Simon Gerovich announced the purchase on X on June 2, 2025. The company bought the new BTC at an average price of around $107,771 per coin, costing the company approximately $117.3 million.

The company said this purchase brings them 90% of the way to their 2025 goal of 10,000 BTC.

Metaplanet only started its bitcoin treasury policy in April 2024 but has been moving fast. At the start of 2025, it had less than 2,000 BTC, and now it has over 8,800.

This has been done through a combination of stock rights exercises and bond issuances, raising capital without diluting existing shareholders. In May 2025 alone, Metaplanet issued zero-coupon, non-interest-bearing bonds for a combined value of $71 million.

According to the filings, the company recently completed its “21 Million Plan” which was a program that involved the full exercise of 210 million stock acquisition rights.

These stock rights allowed Metaplanet to raise capital through equity sales while limiting dilution risk.

Metaplanet’s Bitcoin strategist, Dylan LeClair, said the company views bitcoin as a core part of its financial strategy and is all in, not just making small allocations.

Metaplanet’s buying has paid off in more ways than one.

Its BTC Yield, a company metric that compares bitcoin holdings to total shares, has impressed investors. In Q2 2025 it had a 66.3% BTC Yield, year-to-date it has a 225% BTC Yield.

Metaplanet BTC Yield over time — Vincent on X

The stock is up 155% in the last month and is currently trading at 1,149 JPY, despite the overall volatility in the Tokyo Stock Exchange—where many other companies are under pressure due to the rising Japanese bond yields.

Analysts say the company still has more room to run.

Analysts say the company’s mNAV is back to 4.75 and the stock is undervalued compared to Strategy.

mNAV is short for “multiple of Net Asset Value” and is a metric used to compare the market’s valuation of a company to the actual value of its assets, primarily its bitcoin holdings.

Metaplanet is called “Japan’s Strategy”, a reference to Michael Saylor’s Strategy, the U.S.-based company that holds over 580,000 BTC—the most of any company in the world.

The corporate bitcoin boom isn’t stopping with Strategy and Metaplanet. On May 28, 2025 GameStop announced it had bought 4,710 BTC, worth over $512 million, its first foray into bitcoin after updating its investment policy this year.

@ b1ddb4d7:471244e7

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

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

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

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

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

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

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

Conquering the Three Great Fears of Self-Custody

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

Reality: Human error is manageable with robust systems:

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

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

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

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

Reality: Inheritance is solvable:

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

The Freedom Dividend

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

The Sovereign’s Checklist

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

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

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

How Strategy (MSTR) Built Their Capital Stack to Accelerate Bitcoin Accumulation

MicroStrategy—now operating as Strategy—has built the most aggressive Bitcoin treasury in the world. But its true innovation isn’t just holding Bitcoin. It’s in how it finances the accumulation of Bitcoin at scale without giving up control or diluting shareholder value.

The engine behind this? A meticulously designed capital stack—a multi-tiered structure of debt, preferred stock, and equity that appeals to different types of investors, each with unique risk, yield, and volatility preferences.

This is more than corporate finance—it’s a blueprint for Bitcoin-native capital formation.

What Is a Capital Stack?

A capital stack refers to the layers of capital a company uses to finance its operations and strategic goals. Each layer has its own return profile, risk level, and repayment priority in the event of liquidation.

Strategy’s capital stack is designed to do one thing exceptionally well: convert fiat capital into Bitcoin exposure—efficiently, at scale, and without compromise.

The Stack: Ordered by Priority

Strategy’s capital stack comprises five core instruments:

1. Convertible Notes
2. Strife Preferred Stock ($STRF)
3. Strike Preferred Stock ($STRK)
4. Stride Preferred Stock ($STRD)
5. Common Equity ($MSTR)

These layers are ranked from highest to lowest in repayment priority. What makes this structure unique is how each layer balances downside protection, yield, and Bitcoin exposure—offering institutional investors fixed-income alternatives with varying degrees of correlation to Bitcoin.

Strategy’s Capital Stack illustrated by Chris Millas

Convertible Notes: Senior Debt with Optional Upside

Strategy’s capital stack begins with convertible notes—senior unsecured debt that can convert into equity.

• Downside: Low risk, high priority in liquidation
• Upside: Modest unless converted
• Appeal: Institutional debt investors seeking protection with optional Bitcoin-adjacent upside

These notes were Strategy’s earliest fundraising tools, enabling the company to raise billions in low-interest environments to accumulate Bitcoin without issuing equity.

Strife ($STRF): Investment-Grade Yield

Strife is a perpetual preferred stock designed to mimic high-grade fixed income.

• 10% cumulative dividend, paid in cash
• $100 liquidation preference
• No conversion rights or Bitcoin upside
• Compounding penalties on unpaid dividends
• Low volatility, medium risk profile

Strife targets conservative capital—allocators who want predictable income without equity or crypto exposure. It’s senior to other preferreds and common stock, making it a high-quality fixed-income proxy built atop a Bitcoin treasury.

Strike ($STRK): Yield + Bitcoin Optionality

Strike is convertible preferred stock—bridging fixed income and equity upside.

• 8% cumulative dividend
• Convertible into $MSTR at $1,000 strike
• Paid in cash or Class A shares
• Bitcoin exposure via conversion option
• Medium volatility, low risk

Strike appeals to investors who want income with optional participation in Bitcoin upside. In bullish Bitcoin cycles, the conversion option becomes valuable—offering a hybrid between bond-like stability and equity-like potential.

Stride ($STRD): High Yield, High Risk

Stride is the most junior preferred—non-cumulative, perpetual stock issued with high yield and few protections.

• >10% dividend, only if declared
• No compounding, no conversion, no voting rights
• Highest relative risk among preferreds
• Liquidation priority above common equity, but below all others

Stride plays a crucial role. Its issuance improves the credit quality of Strife, adding a subordinate capital buffer beneath it—similar to how mezzanine debt protects senior tranches in structured finance.

Stride attracts yield-hungry investors, enabling Strategy to raise capital without compromising more senior layers.

Common Equity ($MSTR): Pure Bitcoin Beta

At the base is Strategy’s common equity—the most volatile, least protected, but highest potential instrument in the stack.

• Unlimited upside
• No dividend, no priority
• Full exposure to Bitcoin volatility
• Voting rights, long-term ownership

Common equity is for conviction-driven investors. Over the past four years, this layer has attracted capital from funds and individuals aligned with Strategy’s Bitcoin thesis—investors who want maximal upside from a corporate Bitcoin strategy.

The Big Picture: Saylor Is Targeting the Fixed Income Market

This isn’t just a financing mechanism—it’s a direct challenge to the $130 trillion global bond market.

By issuing instruments like $STRF, $STRK, and $STRD, Strategy is offering Bitcoin-adjacent yield vehicles that absorb demand from across the capital spectrum:

• Institutional investors seeking investment-grade yield
• Hedge funds chasing structured upside
• Yield hunters willing to go down the stack for returns

Each instrument behaves like a synthetic bond, yet all are backed by a Bitcoin accumulation engine.

As Director of Bitcoin Strategy at Metaplanet, Dylan LeClair put it: “Saylor is coming for the entire fixed income market.”

Rather than issue traditional bonds, Saylor is constructing a Bitcoin-native capital stack—one that unlocks liquidity without ever selling the underlying asset.

Why It Matters: A Model for Bitcoin Treasury Strategy

Strategy’s capital structure is more than innovation—it’s a financial operating system for any public company that wants to monetize Bitcoin’s rise while maintaining capital discipline.

Key takeaways:

• Every layer matches a specific investor need: From low-risk debt to speculative yield
• Capital flows in, Bitcoin stays put: Preserving treasury position while scaling
• No single instrument dominates: The stack is diversified by design
• Control is retained: Most securities are non-voting, non-convertible

For corporations serious about building a Bitcoin-native balance sheet, this is the playbook to study.

Saylor isn’t just stacking Bitcoin—he’s engineering the financial infrastructure for a monetary paradigm shift.

Disclaimer: This content was written on behalf of Bitcoin For Corporations. This article is intended solely for informational purposes and should not be interpreted as an invitation or solicitation to acquire, purchase, or subscribe for securities.

This post How Strategy (MSTR) Built Their Capital Stack to Accelerate Bitcoin Accumulation first appeared on Bitcoin Magazine and is written by Nick Ward.

@ 7f6db517:a4931eda

The newly proposed RESTRICT ACT - is being advertised as a TikTok Ban, but is much broader than that, carries a $1M Fine and up to 20 years in prison️! It is unconstitutional and would create massive legal restrictions on the open source movement and free speech throughout the internet.

The Bill was proposed by: Senator Warner, Senator Thune, Senator Baldwin, Senator Fischer, Senator Manchin, Senator Moran, Senator Bennet, Senator Sullivan, Senator Gillibrand, Senator Collins, Senator Heinrich, and Senator Romney. It has broad support across Senators of both parties.

Corrupt politicians will not protect us. They are part of the problem. We must build, support, and learn how to use censorship resistant tools in order to defend our natural rights.

The RESTRICT Act, introduced by Senators Warner and Thune, aims to block or disrupt transactions and financial holdings involving foreign adversaries that pose risks to national security. Although the primary targets of this legislation are companies like Tik-Tok, the language of the bill could potentially be used to block or disrupt cryptocurrency transactions and, in extreme cases, block Americans’ access to open source tools or protocols like Bitcoin.

The Act creates a redundant regime paralleling OFAC without clear justification, it significantly limits the ability for injured parties to challenge actions raising due process concerns, and unlike OFAC it lacks any carve-out for protected speech. COINCENTER ON THE RESTRICT ACT

Full Text of Bill

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 4, 2025

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

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

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

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

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

— Eric Semler (@SemlerEric) June 4, 2025

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

BTCPay Server: The Backbone of Bitcoin Commerce, 2025

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

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

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

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

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

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

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

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

Companies

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

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

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

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

Integrations and Plugins

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

Boltz Swap Exchange Plugin

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

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

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

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

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

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

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

The Bolt Cards Plugin

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

BITCOIN IS MONEY.

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

JPMorgan to Offer Clients Financing Against Bitcoin & Crypto ETFs

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

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

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

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

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

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

Bitcoin Layer 2: The Key To Scaling Bitcoin

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

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

Satoshi Nakamoto wrote:

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

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

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

You have to go where Bankcard does not go.

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

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

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

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

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

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

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

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

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

Thread pic.twitter.com/cJ8Ogno3h5

— Nick Neuman (@Nneuman) May 30, 2025

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

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

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

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

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

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

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

— saveourwallets (@saveourwalets) June 3, 2025

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

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

— Matador Technologies (@buymatador) June 4, 2025

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

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

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

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

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

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

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

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

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

@ 49d472c1:a63cd544

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

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

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

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

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

Why it matters

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

The roadblocks

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

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

@ 502ab02a:a2860397

ย้อนกลับไปเมื่อไม่กี่ปีที่ผ่านมา… มีบริษัทหน้าใหม่จากสหรัฐอเมริกาที่ชื่อไม่คุ้นหู แต่เสียงเงียบๆ ของมันดังไปถึงหูนักลงทุนรายใหญ่ระดับโลก ชื่อของมันคือ Motif FoodWorks

มันไม่ได้มาพร้อมคำสัญญาว่าจะเลี้ยงวัวด้วยดนตรีบำบัด แต่มาพร้อม “ความทะเยอทะยานทางวิทยาศาสตร์” ที่จะเปลี่ยนวิธีที่โลกกินไปตลอดกาล ไม่ใช่ด้วยรสมือคุณยาย แต่ด้วยสารเคมี วิศวกรรมชีวภาพ และเงินลงทุนที่แทบมองไม่เห็นก้นถุง

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

มันคือการพยายามตอบคำถามว่า “จะทำอย่างไรให้ของที่ไม่ใช่เนื้อ…มีรสชาติเหมือนเนื้อ?”

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

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

“ถ้าเราสร้างรสชาติที่เหมือนเนื้อจากยีสต์ดัดแปลงพันธุกรรม แล้วให้คนกินมันคือความก้าวหน้าทางวิทยาศาสตร์ หรือการทดลองที่ไม่มี IRB?”

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

การเปลี่ยนเนื้อให้เป็นสารสกัดการออกแบบรสชาติด้วยโมเลกุลมันคือแนวคิดเดียวกับที่ Ultra-Processed Food ใช้ในการสร้างน้ำอัดลมที่มี “กลิ่นมะนาว” โดยไม่มีมะนาวเลยแม้แต่นิด

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

และสิ่งนี้อาจเป็นอาวุธที่ทำให้มนุษย์ยิ่งห่างจาก real food แบบไม่รู้ตัว

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

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

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

@ 7f6db517:a4931eda

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

— ODELL (@ODELL) December 14, 2022

The four main banks of bitcoin and “crypto” are Signature, Prime Trust, Silvergate, and Silicon Valley Bank. Prime Trust does not custody funds themselves but rather maintains deposit accounts at BMO Harris Bank, Cross River, Lexicon Bank, MVB Bank, and Signature Bank. Silvergate and Silicon Valley Bank have already stopped withdrawals. More banks will go down before the chaos stops. None of them have sufficient reserves to meet withdrawals.

Bitcoin gives us all the ability to opt out of a system that has massive layers of counterparty risk built in, years of cheap money and broken incentives have layered risk on top of risk throughout the entire global economy. If you thought the FTX bank run was painful to watch, I have bad news for you: every major bank in the world is fractional reserve. Bitcoin held in self custody is unique in its lack of counterparty risk, as global market chaos unwinds this will become much more obvious.

The rules of bitcoin are extremely hard to change by design. Anyone can access the network directly without a trusted third party by using their own node. Owning more bitcoin does not give you more control over the network with all participants on equal footing.

Bitcoin is:
- money that is not controlled by a company or government
- money that can be spent or saved without permission
- money that is provably scarce and should increase in purchasing power with adoption

Bitcoin is money without trust. Whether you are a nation state, corporation, or an individual, you can use bitcoin to spend or save without permission. Social media will accelerate the already deteriorating trust in our institutions and as this trust continues to crumble the value of trust minimized money will become obvious. As adoption increases so should the purchasing power of bitcoin.

A quick note on "stablecoins," such as USDC - it is important to remember that they rely on trusted custodians. They have the same risk as funds held directly in bank accounts with additional counterparty risk on top. The trusted custodians can be pressured by gov, exit scam, or caught up in fraud. Funds can and will be frozen at will. This is a distinctly different trust model than bitcoin, which is a native bearer token that does not rely on any centralized entity or custodian.

Most bitcoin exchanges have exposure to these failing banks. Expect more chaos and confusion as this all unwinds. Withdraw any bitcoin to your own wallet ASAP.

Simple Self Custody Guide: https://werunbtc.com/muun
More Secure Cold Storage Guide: https://werunbtc.com/coldcard

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@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

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

What's new

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

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

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

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

  • For more technical details, see the protocol spec.

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

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

Fixes

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

Blog Post / Archive
GitHub Repo
CCC Guide
Key Teleport site

@ 7f6db517:a4931eda

The former seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.

The latter's future remains to be seen. Dependence on Tor, which has had massive reliability issues, and lack of strong privacy guarantees put it at risk.

— ODELL (@ODELL) October 27, 2022

The Basics

• Lightning is a protocol that enables cheap and fast native bitcoin transactions.
• At the core of the protocol is the ability for bitcoin users to create a payment channel with another user.
• These payment channels enable users to make many bitcoin transactions between each other with only two on-chain bitcoin transactions: the channel open transaction and the channel close transaction.
• Essentially lightning is a protocol for interoperable batched bitcoin transactions.
• It is expected that on chain bitcoin transaction fees will increase with adoption and the ability to easily batch transactions will save users significant money.
• As these lightning transactions are processed, liquidity flows from one side of a channel to the other side, on chain transactions are signed by both parties but not broadcasted to update this balance.
• Lightning is designed to be trust minimized, either party in a payment channel can close the channel at any time and their bitcoin will be settled on chain without trusting the other party.

There is no 'Lightning Network'

• Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise.
• There are many lightning channels between many different users and funds can flow across interconnected channels as long as there is a route through peers.
• If a lightning transaction requires multiple hops it will flow through multiple interconnected channels, adjusting the balance of all channels along the route, and paying lightning transaction fees that are set by each node on the route.

Example: You have a channel with Bob. Bob has a channel with Charlie. You can pay Charlie through your channel with Bob and Bob's channel with User C.

• As a result, it is not guaranteed that every lightning user can pay every other lightning user, they must have a route of interconnected channels between sender and receiver.

Lightning in Practice

• Lightning has already found product market fit and usage as an interconnected payment protocol between large professional custodians.
• They are able to easily manage channels and liquidity between each other without trust using this interoperable protocol.
• Lightning payments between large custodians are fast and easy. End users do not have to run their own node or manage their channels and liquidity. These payments rarely fail due to professional management of custodial nodes.
• The tradeoff is one inherent to custodians and other trusted third parties. Custodial wallets can steal funds and compromise user privacy.

Sovereign Lightning

• Trusted third parties are security holes.
• Users must run their own node and manage their own channels in order to use lightning without trusting a third party. This remains the single largest friction point for sovereign lightning usage: the mental burden of actively running a lightning node and associated liquidity management.
• Bitcoin development prioritizes node accessibility so cost to self host your own node is low but if a node is run at home or office, Tor or a VPN is recommended to mask your IP address: otherwise it is visible to the entire network and represents a privacy risk.
• This privacy risk is heightened due to the potential for certain governments to go after sovereign lightning users and compel them to shutdown their nodes. If their IP Address is exposed they are easier to target.
• Fortunately the tools to run and manage nodes continue to get easier but it is important to understand that this will always be a friction point when compared to custodial services.

The Potential Fracture of Lightning

• Any lightning user can choose which users are allowed to open channels with them.
• One potential is that professional custodians only peer with other professional custodians.
• We already see nodes like those run by CashApp only have channels open with other regulated counterparties. This could be due to performance goals, liability reduction, or regulatory pressure.

• Fortunately some of their peers are connected to non-regulated parties so payments to and from sovereign lightning users are still successfully processed by CashApp but this may not always be the case going forward.

Summary

• Many people refer to the aggregate of all lightning channels as 'The Lightning Network' but this is a false premise. There is no singular 'Lightning Network' but rather many payment channels between distinct peers, some connected with each other and some not.
• Lightning as an interoperable payment protocol between professional custodians seems to have found solid product market fit. Expect significant volume, adoption, and usage going forward.
• Lightning as a robust sovereign payment protocol has yet to be battle tested. Heavy reliance on Tor, which has had massive reliability issues, the friction of active liquidity management, significant on chain fee burden for small amounts, interactivity constraints on mobile, and lack of strong privacy guarantees put it at risk.

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If you have never used lightning before, use this guide to get started on your phone.

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@ 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.

@ dfa02707:41ca50e3

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

Headlines

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

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

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

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

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

Use the tools

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

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

@ dfa02707:41ca50e3

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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

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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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@matt_odell don't you even dare not ask about nostr!

— Kukks (Andrew Camilleri) (@MrKukks) May 18, 2021

Nostr first hit my radar spring 2021: created by fellow bitcoiner and friend, fiatjaf, and released to the world as free open source software. I was fortunate to be able to host a conversation with him on Citadel Dispatch in those early days, capturing that moment in history forever. Since then, the protocol has seen explosive viral organic growth as individuals around the world have contributed their time and energy to build out the protocol and the surrounding ecosystem due to the clear need for better communication tools.

nostr is to twitter as bitcoin is to paypal

As an intro to nostr, let us start with a metaphor:

twitter is paypal - a centralized platform plagued by censorship but has the benefit of established network effects

nostr is bitcoin - an open protocol that is censorship resistant and robust but requires an organic adoption phase

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.
 - Anyone can run a relay.
 - Anyone can interact with the protocol.
 - Relays can choose which messages they want to relay.
 - Users are identified by a simple public private key pair that they can generate themselves.

Nostr is often compared to twitter since there are nostr clients that emulate twitter functionality and user interface but that is merely one application of the protocol. Nostr is so much more than a mere twitter competitor. Nostr clients and relays can transmit a wide variety of data and clients can choose how to display that information to users. The result is a revolution in communication with implications that are difficult for any of us to truly comprehend.

Similar to bitcoin, nostr is an open and permissionless protocol. No person, company, or government controls it. Anyone can iterate and build on top of nostr without permission. Together, bitcoin and nostr are incredibly complementary freedom tech tools: censorship resistant, permissionless, robust, and interoperable - money and speech protected by code and incentives, not laws.

As censorship throughout the world continues to escalate, freedom tech provides hope for individuals around the world who refuse to accept the status quo. This movement will succeed on the shoulders of those who choose to stand up and contribute. We will build our own path. A brighter path.

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My Nostr Public Key: npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

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

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Marty's Bent

If you do one thing today, take the time to spend an hour to watch this YouTube video. As someone creating content who has become very cognizant of the effects of the algorithm and the pressures to cater to it, this video was unexpectedly and incredibly satisfying. We're coming up on the eight year anniversary of this newsletter and the podcast that accompanies it and over that eight year period, the pressures to compete in the world of ever increasing digital soy slop grow at an accelerating rate.

If you've seen our YouTube channel recently, you'll probably notice that we've bent the knee to the thumbnail and title clickbait game in an attempt to get our content out to a wider audience. This is something I've held out on for many years now at this point, but recently became convinced that it's something we simply have to do if we want to get our message out to a wider audience. As I write this, I'm thinking that maybe the fact that we have to do that in the first place says something about the content we're putting out there and whether or not it is actually valuable. But I do think the high velocity trash economy becoming completely saturated with digital soy slop has made it so people who truly want to get their message out have to play that game.

I want to make one thing clear. I certainly do not think I'm an artist, but I do like to think that over the last eight years we've been putting out information via content mediums that is valuable to you, dear reader. However, the informational content we put out there, particularly the audio and video content, is put on platforms where it is forced to compete with others who cater to the lowest common denominators of dopamine hijacking and in-group signaling that draws the masses like moths to a flame.

If you haven't watched the YouTube video yet, which I'm assuming 99.9% of you haven't, this may seem like a nonsensical ramble. So, I'll keep this one short and urge you to go watch the social commentary from comedian Jarrett Moore about the state of art, "content" and its effect on culture as it stands today. I'm assuming this isn't too much of a spoiler alert, but the situation is pretty dire. The world needs better art and people who are willing to support artists who are truly creative and take risks. This has nothing to do with bitcoin. But I think it highlights an interesting part of our society that is deteriorating at a rapid clip. And it's something that all of us should feel compelled to attend to lest we speed run into Idiocracy.

It made me feel uneasy about parts of my approach to this business, and that's a good thing.

Don't forget to buy a Bitkey!

Iran's Nuclear Ambitions Create a "Never-Ending Crisis"

In our latest discussion, energy expert Dr. Anas Alhajji described what he called Iran's "never-ending crisis" – a thesis he first published over 20 years ago that has proven remarkably accurate. As Alhajji explained, this crisis persists because of a fundamental contradiction: the U.S. sees any Iranian nuclear program (even peaceful) as strengthening a hostile regime, while Iran views nuclear energy as essential for domestic stability and economic survival.

"Iran is not going to negotiate over the bomb. They want to drag everything for the longest period until they get the bomb." - Dr. Anas Alhajji

What's particularly concerning is Iran's resilience against sanctions. Alhajji detailed how Iran has masterfully circumvented oil export restrictions through China, using a dedicated Chinese bank to process payments outside the international system. Iran's leadership appears willing to endure temporary geopolitical losses in Syria, Lebanon, and potentially Yemen, calculating that obtaining nuclear weapons will fundamentally transform regional politics and their treatment by the United States.

Check out the full podcast here for more on Trump's Middle East strategy, the future of BRICS, and critical challenges facing global energy infrastructure.

Headlines of the Day

Standard Chartered Predicts Bitcoin Will Reach $500K by 2028 - via X

Lummis: Genius Act Makes US Leader in Digital Asset Policy - via X

Get our new STACK SATS hat - via tftcmerch.io

Jake Tapper's Admission on Biden's Decline Sparks Media Ethics Debate - via X

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Use the promo code *“TFTC20”* during checkout for 20% off

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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...

My oldest is already at the "faking sick to get out of school" stage and I'm extremely proud.

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

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

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@matt_odell don't you even dare not ask about nostr!

— Kukks (Andrew Camilleri) (@MrKukks) May 18, 2021

Nostr first hit my radar spring 2021: created by fellow bitcoiner and friend, fiatjaf, and released to the world as free open source software. I was fortunate to be able to host a conversation with him on Citadel Dispatch in those early days, capturing that moment in history forever. Since then, the protocol has seen explosive viral organic growth as individuals around the world have contributed their time and energy to build out the protocol and the surrounding ecosystem due to the clear need for better communication tools.

nostr is to twitter as bitcoin is to paypal

As an intro to nostr, let us start with a metaphor:

twitter is paypal - a centralized platform plagued by censorship but has the benefit of established network effects

nostr is bitcoin - an open protocol that is censorship resistant and robust but requires an organic adoption phase

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.
 - Anyone can run a relay.
 - Anyone can interact with the protocol.
 - Relays can choose which messages they want to relay.
 - Users are identified by a simple public private key pair that they can generate themselves.

Nostr is often compared to twitter since there are nostr clients that emulate twitter functionality and user interface but that is merely one application of the protocol. Nostr is so much more than a mere twitter competitor. Nostr clients and relays can transmit a wide variety of data and clients can choose how to display that information to users. The result is a revolution in communication with implications that are difficult for any of us to truly comprehend.

Similar to bitcoin, nostr is an open and permissionless protocol. No person, company, or government controls it. Anyone can iterate and build on top of nostr without permission. Together, bitcoin and nostr are incredibly complementary freedom tech tools: censorship resistant, permissionless, robust, and interoperable - money and speech protected by code and incentives, not laws.

As censorship throughout the world continues to escalate, freedom tech provides hope for individuals around the world who refuse to accept the status quo. This movement will succeed on the shoulders of those who choose to stand up and contribute. We will build our own path. A brighter path.

---

My Nostr Public Key: npub1qny3tkh0acurzla8x3zy4nhrjz5zd8l9sy9jys09umwng00manysew95gx

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

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Key Takeaways

In this episode, Bitcoin Core veteran James O’Beirne delivers a sharp critique of Bitcoin’s developmental stagnation, attributing it to political dysfunction, post-fork trauma, and resistance within Bitcoin Core to critical upgrades like CheckTemplateVerify (CTV). He argues that while institutional adoption accelerates, internal innovation is being stifled by misplaced controversies—such as the OP_RETURN policy debate—and a bottlenecked governance model. O’Beirne warns that without urgent progress on scaling solutions like CTV, congestion control, and vaulting systems, Bitcoin risks ossifying and becoming vulnerable to institutional capture. Advocating a more adversarial posture, he suggests forking or building alternative clients to pressure progress but remains hopeful, seeing rising momentum for protocol upgrades from developers outside the Core elite.

Best Quotes

“Everybody has mempool derangement syndrome… it’s such a small issue in the grand scheme of challenges Bitcoin is facing.”

“Bitcoin is as much an experiment in technical human organization as it is a pure technology.”

“If we don’t figure out how to scale trustless Bitcoin self-custody, we’re toast. Right now, only about 2.5% of Americans could actually use Bitcoin monthly in a meaningful way.”

“CTV isn’t sexy—it just works. It keeps getting reinvented because it's so useful. At this point, it’s essential.”

“If Core isn’t going to evaluate these proposals, someone has to. Otherwise, we need to build the social justification for forking.”

“Lightning didn’t scale Bitcoin the way we expected. Let’s stop assuming a silver bullet is coming and start building the bridges ourselves.”

“You could onboard someone with just a phone and a vault… and give them more security than most hardware wallets.”

Conclusion

While Bitcoin gains traction with institutions and governments, its internal development is stalling under political inertia and misplaced focus. James O’Beirne urges the community to prioritize impactful upgrades like CTV and CCV, challenge the bottleneck of Bitcoin Core if needed, and recommit to Bitcoin’s foundational principles. This episode underscores the urgent need to bridge technical and social divides to ensure Bitcoin remains a decentralized, censorship-resistant tool for global value transfer.

Timestamps

0:00 - Intro
0:41 - Multi axis issue
5:12 - Core governance
9:41 - Derailing productive discussions
17:05 - Fold & Bitkey
18:32 - CTV
29:24 - Unchained
29:53 - Magnitude of change
41:45 - Covenant proposals
50:16 - CTV benefits
57:56 - Institutional ownership
1:05:26 - Moving forward

Transcript

(00:00) I think I have a somewhat different take than 99% of the people in the discussion. What freaks me out is if you've got Sailor owning half million coins or whatever and Black Rockck owning however many, people forget that Bitcoin is as much an experiment in technical human organization as it is, you know, as a sort of pure technology.
(00:17) The undernowledged reality is I'm actually interested to see if we have like a black swan adoption event from the machines. the risk given the increased scrutiny that things like the strategic Bitcoin reserve introduce there's a shot clock on getting to trustless decentralized value storage technology and I think we really have to be thinking about that combination of physically tired and mentally tired it's also tiresome James it's it's I was looking at that picture today and I was actually going to tweet it absent any caption just because it's
(00:52) a really good Uh yeah, it's a really good epitome of uh of a lot of stuff. But I'm with you, man. I'm tired. It's Friday. Who is it? Is that a just some random Japanese guy? I think it's it's I actually think it's from a documentary about I don't know if it's Africa, but Oh, yes. Yes.
(01:13) It's there's a little bit of a kind of like racy connotation there. Um yeah, the uh it's been long. It was interesting for me. We had Texas Energy Mining Summit here in Austin the beginning of the week. It sort of blended with Bitcoin plus I was over at Bitcoin++ Wednesday and yesterday doing the live desk and obviously topic of conversation is OP return this policy decision and this policy change that that core wants to make and many people are uh angry about and it's just again it's also tiresome.
(01:52) spoke with people on both sides over the two days and I I think I came away more confused than than I entered entered the week like what is the optimal path and somebody who's worked on Bitcoin core worked on Bitcoin core for for many years I've seen you tweeting about it seems like I won't put words in your mouth I'll let you say like what is your perspective on this whole policy debate around op return yeah so in general I think I have a somewhat different take than um 99% of the people in in the discussion which is basically that this
(02:25) is a really stupid discussion um everybody has mempool derangement syndrome like at every layer um and uh what what frustrates me a little bit about the conversation not not to not to uh get like um grumpy right off the bat but it's just it's it's such a small issue in the in the grand scheme of challenges that are being presented to Bitcoin that like spending all this drama on it um is is really a silly use of time and uh kind of emotion, but I can break it down for you.
(03:02) I mean, I think I think like largely the argument is happening on a few layers. Um the change itself technically I'm totally in favor of it. It makes sense. you know, basically the rationale is like, well, you know, um, people want to include exogenous data into the chain. Um, you can't really stop them from doing that.
(03:23) Um and so let's basically minimize the damage by saying hey you know we're going to make it easier for people to actually make use of op return as a data carrier which uh lets us avoid bloat in the UTXO set which is like one of the precious resources we have to take care of for the node.
(03:44) Um, so that's all good and the and the other thing too is that as we've seen with the ordinal stuff is um, you know, data is going to wait make its way into the chain and actually it hurts the whole network when um, there are transactions that most nodes haven't seen yet but they come through a block. Basically that slows down block propagation time.
(04:06) And so the whole idea is if you bring policy closer to the actual consensus rules, closer to the actual transactions that are going to come through and be mined, then you're going to have better network performance. You're going to have lower latency when it comes to actually broadcasting a new block around. So that's like the the sort of technical layer of the discussion.
(04:25) It's it's really a minute non-controversial change if you kind of have fluency with the the technical end of the mempool. Um, but I think there's this this higher layer to the conversation which is sort of a readjudication of spam in Bitcoin. And it's, you know, I think a lot of the the old animal spirits and sentiments are emerging about like, well, we don't like spam.
(04:49) And I think for a lot of people who kind of get lost in the technical details, it's very easy to latch on to the sentiment of I don't like spam. Um and so uh so that makes the sort of ocean knots camp maybe more appealing. Uh so that's yeah that's I guess a summary if you want to jump in anything in particular we can that's what I was saying I came out more confused than I went in.
(05:20) So last week on RHR, hey, I agree. You want policy to be aligned with consensus. Like whether we like it or not, these transactions are getting into blocks. They're non-standard, but they are valid within consensus rules and policy just isn't aligning with that. And like you said, this is disrupting the P2P layer and potentially the fee uh estimation process that that many nodes use, many applications use.
(05:49) And it makes sense to me to align policy with consensus. These things are happening. And if you can make it so Bitcoin full nodes are operating as efficiently and optimally as possible by changing this, it makes sense to me. I think my one like push back was like makes sense to me. However, I think how it was communicated to people and the whole mess with the PR.
(06:12) I think it's I think it's it was it's it's just a tactical error. Like even if this change gets in the the the real benefit of is is not material. You know, nobody was really clamoring for it. um this stuff always, you know, gets the hackles up of everybody who cares at all about, you know, spamming Bitcoin. So, it was a real tactical error.
(06:36) And I think that's that's one place where I mean it's kind of I had a little bit of shot in Freud seeing it because I'm fairly critical of core as a project along you know a variety of axes at this point and it was just kind of a demonstration of the the disconnection and kind of ineptitude of um publicity management kind of on on their end.
(06:58) Um, and so like there's part of me that enjoys seeing that because I I'm kind of convinced that that group has a lot less efficacy than they have credibility. And so to to see that kind of catch up was was interesting. The uh let's dive into that like what you said multiple axes you have a problem. I think we've throughout the years like we've been discussing the issues that Bitcoin like yourself particularly as a Bitcoin core developer for many years trying to get things through not only in the context of the way core works from a governance
(07:35) structure but just the way Bitcoin works as a distributed open source protocol like trying to get changes in and I will say like

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Key Takeaways

In this episode, Bram Kanstein delivers a powerful exploration of how studying money for thousands of hours led him to a single, life-changing conclusion: Bitcoin is the key to preserving value and reclaiming personal agency in an increasingly unstable world. Through the lens of a disillusioned millennial generation—raised with technological optimism but betrayed by economic reality—Bram exposes the fiat system as one built on illusion, debt, and diminishing returns. He explains how Bitcoin’s transparent, rule-based design offers a principled alternative, especially for those wired to question systems and seek truth. Describing the fiat economy as a “high-velocity trash system” that undermines innovation and long-term planning, he argues Bitcoin creates the time and space to think, build, and live freely. As AI reshapes the labor market, Bram sees Bitcoin as a vital foundation for individuals to adapt, maintain sovereignty, and thrive in a future defined by rapid technological disruption.

Best Quotes

“Anything that you would want to fix in the world is broken because the money is broken.”

“You’re stacking nothing. Literal paper.”

“You have to red pill before you orange pill.”

“The only thing you need to do is move to the other money that they cannot mess with.”

“One Bitcoin is one Bitcoin. That’s the whole point.”

“Millennials are primed to understand Bitcoin.”

“Bitcoin lets you get out of the rat race and start walking your own path.”

“The fiat mindset is a zero-sum game. In Bitcoin, value is created.”

“We should stop asking how to value Bitcoin—and start asking how to value everything else in Bitcoin.”

“Even with a master’s in economics, people still don’t understand what money is.”

Conclusion

This episode delivers a powerful call to rethink everything we assume about money, arguing that understanding Bitcoin is less about profit and more about reclaiming personal agency in a world defined by uncertainty. Bram Kanstein shows how asking fundamental questions—like “What is money?”—can lead to a deeper sense of purpose and autonomy. As AI and systemic instability accelerate, Bitcoin emerges not just as sound money, but as a life tool for intentional living, long-term thinking, and individual sovereignty.

Timestamps

0:00 - Intro
0:36 - INTJ bitcoiners
4:58 - The millennial headspace is primed for bitcoin
7:25 - Bitcoin gives time and space to build
15:29 - Fold & Bitkey
17:05 - Seeing systemic problems
26:25 - Bitcoin’s positive feedback loop
33:55 - Recognize your agency
37:58 - Unchained
38:27 - Fiat money creates uncertainty
44:41 - What is money?
54:04 - Money and energy
1:03:43 - Bitcoin allows growth
1:09:02 - Bitcoin/AI
1:31:34 - Optimistic note

Transcript

(00:00) Let's say you're a millennial and mid-30s and you want to retire in 30 years. If you calculate the amount of dollar, pound the euro, yen units. You need way more units of that money than you think right now. They are funding pension funds, but the pension funds are using that money for the people that are actually retiring.
(00:17) No one knows about money. They don't know how debt works, how finance works. But that's kind of how it's designed, right? Like that's what eventually keeps the Ponzi alive. And I just started with the question, what do you think happens if you call the bank and say like, hey, can I get 100 or 200k in cash? Man, you got an editor like in house.
(00:39) That's That's pro. That's uh it's because this setup I'm so far away from the computer. I just need somebody to hit the button. Okay. Okay. the extent the extent of of Logan's job extends far beyond just hitting the button. But yeah, INTJ I think uh I think it was as we rear into what looks to be another bull market.
(01:05) I think getting back to first principles and discussing the challenges of studying and understanding Bitcoin, it's important to to highlight the archetype of individuals who have studied fallen down the rabbit hole and really dedicated their lives to Bitcoin. And this INTJ cohort that exists within Bitcoin seems pretty material apparently. Yeah.
(01:35) I mean, I have many moments where I just realize that I'm lucky that my brain is wired in a certain way, you know. I feel like crazy blessed that I figured out this Bitcoin thing, you know, and that when I ran into certain realizations along the way in my Bitcoin journey that I was like, hm, you know, how does this actually work? you know, do I actually understand the systems I'm participating in, the things that I believe, you know, the the the the people that I abstracted um or or outsourced certain responsibilities to to take care of, for example, my money
(02:10) in the bank. You know, I I think um being wired in a certain way definitely helps in grasping Bitcoin to a degree where you're like, okay, this is the only thing I need to pay attention to, you know, in my life. And yeah, we we jokingly started talking about this because I have the hat here, but there was this um I think it was like like a Twitter poll actually or someone shared it on Twitter and this is already like two or three years old where where someone investigated these MyersBriggs um personality types and I think there's
(02:42) only like 2% of people that have INTJ but like 20% of Bitcoiners have that personality type. So it um it apparently helps. So yeah, I just I just quickly Googled it actually. It says uh the INTJ is the architect. It's a personality type with the introverted intuitive thinking and judging traits. These thoughtful tacticians love perfecting the details of life, applying creativity and rationality to everything they do.
(03:09) I think the rationality part here is what um what uh I think helps you to to gro Bitcoin eventually. Yeah, it reminds me of I forget what the study was, but postco it was a similar distribution of just like 2% of people were highly skeptical of what was going on with the lockdowns and the attack on bodily autonomy.
(03:38) And there was a study that was done about I forget it was bees or some type of fly that they they have like the horde of um the horde of the particular fly I think it was bees has like 2% act as these sort of alarm bells that are on the outside the outskirts of the community and they'll start communicating like hey something's wrong here and people the other flies or bees will be skeptical at first but then eventually uh the alarm bells will be proven to be right that there was some sort of danger around the corner. That's fascinating.
(04:09) Yeah. Yeah, that's fascinating. I I think we're not that special eventually, you know, like we think we have all this autonomy, but but um yeah, we're we're just wired in a certain way. And I think I don't know where you want to take this conversation, but I think, you know, part of growing up and being an adult is figuring out, you know, how do I actually work and how do I work with how I work, you know? Yeah. No, it is.
(04:36) And as I get older, creep into my mid-30s, which is hard hard to come to grips with, it is uh really falling back on like, all right, I I feel like I have a good perspective on the world and my place in it, and how do I just optimize to make sure I'm aligning my my work and my career, I guess, if you call it that, with what I'm passionate about. Yeah.
(05:00) Well, I also think that is actually why our generation, you know, my my podcast is Bitcoin for millennials. I think uh the millennials are primed to understand Bitcoin. You know, we are in this life phase where big things happen, you know, starting a family or settling somewhere or or making big career moves or decide Yeah.
(05:25) like deciding what am I going to spend like the next 10 20 years on and uh I think it's an interesting phase actually I I don't know how that was for you but but for me like the the 30s were really where I dove more and more into Bitcoin like got got that stronger conviction and also yeah kind of was invited to go further down that that rabbit hole you know and like how I see it now is that that Bitcoin is really the foundation for the rest of my life, you know, like it it gives me time and space to look forward and enthusiasm, you know, like I sometimes lurk on the
(06:01) millennial subreddit, you know, or the finance sub subreddit. And many people in our generation are very nihilistic, you know, they're very unsure about the future. Like some people aren't even having kids because they think they cannot afford it, you know. And uh whenever I read that, I just think like, yeah, I I don't really have those things.
(06:22) But I know it's because of Bitcoin, you know. I I know that Bitcoin gives me, yeah, like I said, the time and space to figure out what's next, like what should I focus on? Like it gives time and space to to try out stuff, to build something, you know, to to to really attempt at at doing something. Where I see many people that don't see that, they are more in the consumer type, you know, like they they just spend the money that's worth the most today, you know, like that's what they're incentivized to do. Yeah.
(06:49) And is is that why you started Bitcoin for millennials is to number one put the put the message out there. Millennials come listen to this. One of you Yes. that is trying to educate you about this. But because this is something I think about a lot is somebody's like dead smack in the middle of the millennial generation and has observed many of the things you just described in my own life, my own network.
(07:13) And that's part of the reason why this podcast exists. And um what I'm trying to do at TFTC is just try to figure out a way to reach into the minds of millennials, hopefully c

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Key Takeaways

Leon Wankum, a real estate expert turned Bitcoiner, presents a powerful argument that Bitcoin is emerging as the new “hurdle rate,” outpacing real estate as the preferred store of value in a shifting financial landscape. As the 18-year property cycle nears its end amid high interest rates and imbalanced markets, Bitcoin’s scarcity, performance, and optionality are prompting capital allocators to rethink traditional strategies. Institutions are beginning to reallocate cash flows and refinance properties into Bitcoin treasuries, while new yield-bearing Bitcoin instruments like Strike, Strife, and Stride offer compelling alternatives to bonds and property. Wankum envisions a gradual transition to a Bitcoin standard, facilitated by dual collateralization and designed to avoid economic disruption as Bitcoin steadily replaces legacy financial infrastructure.

Best Quotes

"Bitcoin is starting to become the new hurdle rate that all other financial products have to abide to."

“No asset—not even prime real estate—can compete with Bitcoin’s long-term performance and absolute scarcity.”

"You can refinance a property and allocate to Bitcoin without selling—this is how many are making the transition."

"Strategy (MicroStrategy) has enough Bitcoin to cover preferred stock dividends for over 200 years."

"20% of our property cash flow into Bitcoin outperformed the 80% left in fiat."

“Bitcoin is digital real estate—but better. Scarce, global, and doesn’t need maintenance or tax sheltering gimmicks.”

“If it’s just 1% of the real estate market, that’s $3 trillion. And that’s enough.”

"A smooth transition, not collapse, is the optimal path forward."

Conclusion

This episode explores how Bitcoin is overtaking real estate as the global store of value, with Leon Wankum offering a rational, experience-based framework for understanding this shift. While institutional inertia slows adoption, capital flows are beginning to reflect Bitcoin’s growing dominance, as new financial instruments and treasury strategies emerge. Leon advocates for a thoughtful, evolutionary transition to a Bitcoin standard—one that prioritizes stability, practical integration, and long-term value creation across the global economy.

Timestamps

0:00 - Intro
0:50 - Real Estate
12:36 - Bitcoin for real estate investors
17:44 - Bitkey
18:39 - MSTR products and opportunity cost
30:43 - Unchained
31:13 - Cash flow alternatives
37:40 - Strategy risks
44:41 - Smooth or chaotic transition
50:58 - Is this cycle different?
56:42 - Tradfi degeneracy
1:02:00 - Leon’s Book - Digital Real Estate

Transcript

(00:00) Other than real estate, there were little investments that performed better. Few were aware of the existence of Bitcoin. As people become more aware, they will likely also sell off their properties. Bitcoin as a near-perfect form of money is starting to become the new hurdle rate that all other financial products have to abide to.
(00:19) Instead of buying a regular bond issued by a nation state, you can actually buy a fixed income product issued by Strategy. This is a product that could potentially tap into the real estate market. If it's just 1%, that's 3 trillion. And that's enough. They are starting to weigh the opportunity cost of not putting money into Bitcoin.
(00:36) But very few are able to comprehend the necessity of quickly investing large part of the capital into Bitcoin. Every 18 years will have a correction on housing. We're bringing in a housing expert to talk about the real estate market and Bitcoin corporate adoption. in the crazy frenzy that's going on right now in public markets.
(01:04) Leon, welcome back to the show. Thanks for having me back. It was great seeing you even though it was briefly in Vegas last week. I caught you literally as I was running to the airport off the stage. Yeah. And uh look, I'm pull that back up because I think this is a good jumping off point. We'll start with like a personal story.
(01:24) I'm currently in the middle of a move right now, but decided to rent a house because I was looking at the prices for housing in the places I'm looking to buy and they were they were too high. Not only were they too high, we put a bid in on one house and it wound up going a million dollars over asking.
(01:44) And I think over here in the United States, this is a big topic of discussion right now, which is the real estate market feels a little toppy. Prices are still very high, very sticky. Rates are still very high. Uh, and that's one thing I'm trying to discern as somebody who would like to buy a house in the next few years, a forever house for my family, what is going on.
(02:08) And as we can see here, Red Red Fin reported earlier this week that 34% there are 34% more sellers in the market than buyers. At no other point in records dating back to 2013 have sellers outnumbered buyers this much. There are a total of $698 billion worth of homes for sale in the US, up 20.
(02:29) 3% from a year ago in the highest dollar amount ever. So, it seems like there's a ton of people who have rode the real estate market and they're being a bit stingy on pricing and we're waiting for a correction. Is that your take on this? Yeah, we definitely need to wait for price equilibrium to build because since 2008 really since we had low interest rates um prices were skyrocketing and now with a different interest rate environment.
(02:57) Um what I personally also feel is that people are not willing to sell their houses for a price that they believe is not what they could get because they still have the prices in mind that they were able to receive 2 three years ago and the buyers are not willing to pay prices that people want because interest rates are higher meaning the cost of capital and the cost of borrowing went up.
(03:21) So I think this is a healthy um and a healthy um development. We need a price equilibrium. We need um demand and supply prices to match. It's going to take a long time. I think it's also it also depends on interest rates. If Powell is going to um lower interest rates, which I don't think he will, even though that's something that the president would like him to do, but I don't think he will because it would cause inflation to go up again, especially in in goods and services and groceries.
(03:51) And um judging by that, I think interest rates will stay above 3% at least for the foreseeable future. Meaning I believe that real estate prices will come down a little bit till we meet that equilibrium. But something that's important to to remember which makes it a little bit odd that because as a Bitcoiner when you look at housing, I think you constantly think now it's going to crash, now it's going to crash.
(04:15) But the reason it's not really going to crash is as soon as new money is being introduced into your economy or as soon as interest rates are lowered that money is being funneled into real estate and also the existing system that is depending on real estate as collateral has an interest in propping prices up.
(04:34) So this can go on for another 10 or 20 years I think. I mean there could be there's definitely a correction that we can see right now and I personally wouldn't get into uh real estate development at this point if you'll ask me from the perspective what's the better investment of course that is Bitcoin but I just want to make a point that this can go can go on for longer than we think because housing is limited not as limited as Bitcoin but there's something called the 18-year property cycle and it says that every 18 years, we'll
(05:08) have a correction in housing. And the reason for that is if the money supply is expanded and that money goes into land, it's not going out of land because land is limited. It's similar to Bitcoin. But what happens is that after around 14 15 years, prices start to come down and then they find a new price equilibrium which is higher than when the cycle started.
(05:33) And we are at the end of this 18-year property cycle. and I had suggest that prices will fall until 2026 and then in 2026 if interest rates are lowered I think prices can find price equilibrium and then possibly move up in nominal value of course if you start now accounting for real estate and bitcoin it's a whole different story I know talked from the lens of a fiat um based system yeah that note on pal and the fed is interesting that it It's very obvious Trump's wanted him to lower rates since before he even got elected.
(06:09) But I was reading an article yesterday that made a lot of sense to me, which is he's not going to lower rates for multiple reasons. One of which you mentioned, which is it would it would reignite inflation, which nobody wants to see right now. And then number two, profit margins are going up because the productivity uh increases due to AI.
(06:32) I mean, and we're still at the early stages of that, um, where you have many of the big big tech, the MAG 7 beginning to lay off people because they're creating all these efficiencies via AI. So, we're able to increase productivity and profit margins and so there's no reason to to lower rates from that perspective, which agreed.
(06:58) Yeah, absolutely true. Yeah, which is uh you know it'll be it's crazy the confluence of events that are happening right now whether it's real estate market looking a little toppy at least temporarily the interest rate environment the progression of AI and the adoption uh by many large companies and small companies alike and then you have Bitcoin sitting over here sitting over $2 trillion establishing itself as a $2 trillion asset and it still seems a bit fringe where um where we are certainly as Bitcoiners, individuals

@ e516ecb8:1be0b167

Imagina un mundo donde cada peso que gastas es vigilado, registrado y cuestionado. Donde el Estado decide si puedes comprar un café, una manzana o una criptomoneda. No es una distopía de ciencia ficción, es el rumbo que están tomando varios países, mientras otros, como Argentina, dan un giro inesperado hacia la libertad. ¿Quién está ganando esta batalla por el control de tu dinero?

Argentina: "Tus dólares son tuyos" En Argentina, Javier Milei, con su bandera libertaria ondeando, ha dado un paso audaz: desmantelar el control policial sobre el dinero de los ciudadanos. Su lema, "Tus dólares son tuyos", es tan obvio como revolucionario. Después de décadas de corralitos, cepos cambiarios y una inflación que en 2023 alcanzó el 211,4% según el INDEC, Milei apuesta por devolverle al ciudadano el poder sobre su propio capital. Con el país logrando superávit fiscal por primera vez en años (0,2% del PBI en el primer trimestre de 2024), el gobierno ya no necesita espiar cada transacción para exprimir impuestos.

Pero aquí viene lo curioso: encuestas recientes, como una de la consultora Poliarquía, muestran que un 35% de los argentinos aún prefiere que el Estado controle sus finanzas. ¿Masoquismo? ¿Miedo a la libertad? Tal vez sea la costumbre de vivir bajo la lupa. Milei, fiel a su convicción, no solo liberaliza por necesidad económica, sino porque cree que el dinero es tuyo, no del burócrata de turno.

España y el Euro Digital: El ojo que todo lo ve Mientras Argentina afloja las riendas, Europa cabalga en dirección opuesta. En España, el gobierno está reduciendo progresivamente los umbrales para controlar transacciones bancarias. A partir de 2026, cada pago por Bizum —el equivalente ibérico al Pix brasileño— estará bajo escrutinio. Según el Banco de España, en 2024 se realizaron más de 1.200 millones de transacciones por Bizum, moviendo unos 60.000 millones de euros. Ahora, cada una de esas operaciones será un dato más para Hacienda.

Pero no es solo España. La Unión Europea avanza con el Euro Digital, un proyecto que promete ser la pesadilla de cualquier amante de la privacidad. Esta moneda digital, según el Banco Central Europeo, permitirá rastrear cada movimiento, limitar ciertos gastos (¿adiós a compras de cripto o donaciones incómodas?), e incluso programar que el dinero "se oxide". Sí, has leído bien: si no gastas tus euros digitales en un tiempo determinado, podrían perder valor o simplemente desaparecer. Un informe del BCE de 2023 estima que el Euro Digital estará operativo en 2027, y ya hay pruebas piloto en países como Alemania y Francia. ¿Libertad financiera? Más bien un Gran Hermano con esteroides.

Chile: El Estado fisgón y los funcionarios de lujo En Chile, el control monetario también aprieta. El gobierno ha propuesto levantar el secreto bancario, permitiendo que cualquier funcionario del SII pueda husmear en tus cuentas. Además, si haces más de 50 transacciones al mes, el Servicio de Impuestos Internos (SII) pondrá la lupa sobre ti. ¿Y las ferias libres? Esas donde compras tus tomates y zapallos sin complicaciones ahora deberán emitir boletas electrónicas, encareciendo los productos para el ciudadano de a pie. Según la CEPAL, los costos administrativos para pequeños comerciantes podrían aumentar hasta un 15% con estas medidas.

Mientras tanto, el sector público chileno vive en otra galaxia. Funcionarios con sueldos que superan los 5 millones de pesos mensuales (unos 5.500 USD) toman licencias médicas para viajar por el mundo, según denuncias de la Contraloría. Algunos incluso cobran por "turnos" de 17 horas extras diarias o marcan asistencia en dos lugares al mismo tiempo. ¿Y quién paga? Tú, con tus impuestos.

La resistencia: Volver al efectivo o abrazar las cripto Si el Estado quiere controlar cada centavo, ¿qué opciones nos quedan? Una es volver al efectivo, pero no nos engañemos: el dinero fiat, controlado por bancos centrales, pierde valor a largo plazo. En Chile, la inflación acumulada entre 2010 y 2024 fue del 62%, según el INE. Tus billetes de hoy valen menos que los de ayer, y mañana valdrán aún menos.

La otra opción es el mundo cripto, pero no cualquier cripto. Bitcoin, la más conocida, es un titán para almacenar valor, pero para transacciones diarias necesita una segunda capa como Lightning Network, que procesa pagos instantáneos con comisiones ínfimas (menos de 0,01 USD por transacción en 2024). Alternativas como Bitcoin Cash (BCH) o Monero (XMR) ofrecen transacciones rápidas y, en el caso de XMR, un enfoque en la privacidad que hace temblar a los burócratas. Sin embargo, ninguna cripto servirá si los comercios y las personas no las adoptan. En Argentina, por ejemplo, solo el 1,5% de las transacciones minoristas en 2024 usaron criptomonedas, según Chainalysis. La libertad financiera no llega sola: hay que construirla.

El futuro es ahora El dinero es poder, y quien controla el dinero controla tu vida. Mientras Milei en Argentina te devuelve las llaves de tus dólares, en Europa y Chile te atan las manos con leyes, regulaciones y monedas digitales. La pregunta no es si quieres libertad, sino si estás dispuesto a pelear por ella. Usa efectivo, explora cripto, pero sobre todo, no dejes que el Gran Hermano decida por ti. Porque una vez que el Estado mete la mano en tu bolsillo, no la saca nunca.

@ 7f6db517:a4931eda

What is KYC/AML?

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

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

Lists of Bitcoiners

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

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

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

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

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

---

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

@ eb0157af:77ab6c55

Speaking to Atlas21 microphones, Marco Argentieri, CEO of Ark Labs, talked about the Ark protocol, its synergy with LN and the debate on OP_RETURN.

During the Tuscany Lightning Summit 2025 in Viareggio, Marco Argentieri, CEO of Ark Labs, explained to Atlas21 microphones why Ark is not a competitor to the Lightning Network and discussed the role that the protocol can play in the ecosystem.

The conversation opened with a reflection on Bitcoin’s role as programmable money: “I believe Bitcoin must be programmable money not only because Satoshi himself put a script in Bitcoin, therefore a programming language, but also because when you start working with merchants, companies, payment processors, we realize that we need Bitcoin to be programmable to make payments effective,” Argentieri explained.

According to the CEO of Ark Labs, the success of the swap model that made wallets like Muun popular shows users’ desire to use LN, but without its technical complexity. “Muun was one of the first wallets to use this model and is still today among the most downloaded precisely for its simplicity,” the CEO observed.

But programmability doesn’t only serve end users. Argentieri draws attention to merchants, who represent the other side of the coin in payments. “Those who receive payments – merchants – for accounting reasons and to have regularity of cash flow, would like to have a less volatile currency,” he explained. The solution, for Argentieri, could be represented by derivative contracts that allow accepting bitcoin without suffering volatility, exploiting hedging strategies, and to do this “you need Bitcoin to be programmable.”

Ark as complementary technology

Regarding the initial perception of Ark as a “Lightning killer,” Argentieri clarified: “It was short-term marketing” that generated misunderstandings. “From the beginning I have always seen Ark and Lightning as two completely different and complementary technologies.”

Ark Labs’ strategy demonstrates this: “The first thing we did was a partnership with swap provider Boltz,” Argentieri recounted. Lightning channel managers need continuous swaps to rebalance channels: in this way Ark helps Boltz not to have to introduce an additional blockchain, the CEO of Ark Labs commented.

According to Argentieri, the synergy relationship works in both directions: “Lightning helps Ark because Ark is based on a client-server approach with operators, and Lightning can be used as a lingua franca to go from one ark to another.” The result is a system that Argentieri describes as “banks that cannot confiscate your funds.”

On the issue of self-custody scalability, the CEO of Ark Labs provided a realistic assessment of current limits: “It is mathematically impossible for every user to have their own UTXO. Ark offers a solution through VTXOs (Virtual Transaction Output).” Argentieri used a comparison to clarify the difference: “I always describe a UTXO as having your own land, like buying a beachfront house in Miami in the sixties. It’s your property, but if you want to sell it will be slow and expensive.” VTXOs, instead, are “like an airbnb – very simple to enter and exit, but you have to pay rent.”

The crucial aspect is unilateral exit from the network: “Ark gives the possibility of not doing vendor lock-in. It’s like a rental where I know that eventually I can always transform it into a house. I won’t do this with a few satoshis, I’ll wait to accumulate enough to afford a whole UTXO,” Argentieri stated.

B2B before retail

Argentieri sees Ark primarily as B2B infrastructure rather than retail: “Initially there was the idea of Ark as a mobile wallet for coffee payments, but I think it’s the opposite.”

“Doing the same things that can already be done with traditional fintech systems is a mistake.” The real opportunity, according to the CEO of Ark Labs, lies in use cases that only Bitcoin can enable: “When there are still Bitcoin startups that would like to pay their employees in bitcoin but cannot due to lack of infrastructure, there is the potential.”

The approach foresees initial adoption oriented to the corporate world: “Bitcoin must first take companies and sophisticated operators. There are the new use cases that you couldn’t do before Bitcoin.” The famous “coffee paid with bitcoin”? It’s not a technological problem, it’s an adoption problem, Argentieri commented.

Arkade: platform for off-chain contracts

Arkade, “the name of our online platform,” represents the practical implementation of this vision, Argentieri explained, specifying that it is “a set of technologies and approaches.” The goal is to create “the first platform to execute Bitcoin contracts off-chain instead of on-chain, using Ark to give unilateral exit from the network.”

The architecture maintains Bitcoin philosophy: “I believe the UTXO model is much better than the Ethereum model, but obviously we have to make these contracts off-chain.”

The OP_RETURN case

On the OP_RETURN debate, Argentieri expressed two positions: “At a technological level I am in favor of removal because we are seeing that the ecosystem is looking for other approaches,” he explains. But the problem is not technical, it’s political: “Bitcoin is not just technology but also people, humans, culture.”

The criticism of the CEO of Ark Labs concerns timing: “I am against the fact that Bitcoin Core in version 29 has this modification because many people are not in favor currently. There’s no hurry, let’s do it in version 30 so we have another six months to deepen the debate.”

For Argentieri, the discussion revealed a governance problem: “From a political point of view, this shows a communication error. Bitcoin is no longer a toy for kids but an industry.” And like every mature industry, it needs adequate governance structures, the CEO of Ark Labs suggested. Argentieri’s proposal includes the introduction of specialized figures: “Just as there are core developers, there could be core communicators who say ‘wait, let’s think about it’ before making decisions that impact the community.”

The post Marco Argentieri: “Ark will make Lightning more efficient, it’s not a competitor” appeared first on Atlas21.

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

@ 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.

---

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

@ 7f6db517:a4931eda

What is KYC/AML?

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

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

Lists of Bitcoiners

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

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

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

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

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

---

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

@ e2c72a5a:bfacb2ee

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

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

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

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

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

• Upcoming updates for Bitcoin Safe include Compact Block Filters.

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

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

What's new in v1.3

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

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

Announcement / Archive
Blog Post / Archive
GitHub Repo
Website

@ 9ca447d2:fbf5a36d

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

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

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

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

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

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

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

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

Total bitcoin moved to Twenty One Capital so far include:

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

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

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

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

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

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

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

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

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

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

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

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

@ 7f6db517:a4931eda

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

— ODELL (@ODELL) December 14, 2022

Good morning.

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

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

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

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

---

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

@ cae03c48:2a7d6671

Bitcoin Magazine

Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy

Today, H100 Group AB announced it has entered a SEK 21 million convertible loan from an investment agreement with Adam Back, with the option to expand his investment to SEK 277 million through a five-tranche convertible loan deal. The proceeds will be used to buy Bitcoin in alignment with H100 Group’s long-term Bitcoin treasury strategy.

H100 Group AB (Ticker: H100) secures a SEK 21M ($2.1M) commitment from @adam3us , with rights to invest an additional SEK 128M ($12.8M) in tranches—bringing the total contemplated raise to SEK 277M (~$27.7M). pic.twitter.com/c0HgMSRxut

— H100 (@H100Group) June 3, 2025

Under the agreement, Back may invest up to SEK 128 million across four additional tranches, with guaranteed participation of at least 50%. Each tranche is twice his committed amount, demonstrating his support for H100’s long-term growth.

The press release said, “Adam Back may request the Second Tranche within 90 days from signing of the Initial Tranche, the Third Tranche within 90 days from signing of the Second Tranche, the Fourth Tranche within 90 days from signing of the Third Tranche and the Fifth Tranche within ninety 90 days from signing of the Fourth Tranche. In the event Adam Back does not request a Future Tranche within the deadline, the right to request subsequent Future Tranches lapses.”

The convertible loans have no interest and have a five year maturity. At any time, Back may convert the loans into shares of the Company. Conversion prices are fixed per tranche: SEK 1.75 per share for the initial tranche, rising to SEK 5.00 by the fifth tranche. H100 retains the right to force conversion if the stock price exceeds the conversion rate by 33% over a 20 day period. Full conversion of the initial tranche would result in 12 million new shares and a 9.3% dilution.

“Upon request of a tranche Adam Back is obliged to invest in the relevant Tranche with SEK 15,750,000 in the second tranche, SEK 23,625,000 in the third tranche, SEK 35,437,500 in the fourth tranche, and SEK 53,156,250 in the fifth tranche,” stated the press release. “The contemplated size for each tranche is twice the entitled amount of Adam Back.”

Blockstream has “been around since 2014 and we work with our investors to put Bitcoin in a balance sheet back then and since then,” said Adam Back at the 2025 Bitcoin Conference. “I think the way to look at the treasury companies is that Bitcoin is effectively the hurdle rate; it’s very hard to outperform bitcoin. Most people that have invested in things since bitcoin has been around have thought, ‘oh, I should have put that in bitcoin and not in the other thing.”

This post Adam Back Invests SEK 21 Million to H100 Group Bitcoin Treasury Strategy first appeared on Bitcoin Magazine and is written by Oscar Zarraga Perez.

@ 5d4b6c8d:8a1c1ee3

How did the stackers do on their ~HealthAndFitness journeys today?

I did very well: Slept well? Check Stuck to fast? Check Ate healthy? Check Activity target? Checkarooni

The one oddity I need to work on is that I got a foot cramp while playing turtle tag with my daughter.

https://stacker.news/items/997476

@ 8bad92c3:ca714aa5

Key Takeaways

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

Best Quotes

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

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

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

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

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

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

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

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

“Only a whale can be magnificent.”

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

Conclusion

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

Timestamps

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

Transcript

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

@ 7f6db517:a4931eda

I often hear "bitcoin doesn't interest me, I'm not a finance person."

Ironically, the beauty of sound money is you don't have to be. In the current system you're expected to manage a diversified investment portfolio or pay someone to do it. Bitcoin will make that optional.

— ODELL (@ODELL) September 16, 2018

At first glance bitcoin often appears overwhelming to newcomers. It is incredibly easy to get bogged down in the details of how it works or different ways to use it. Enthusiasts, such as myself, often enjoy going down the deep rabbit hole of the potential of bitcoin, possible pitfalls and theoretical scenarios, power user techniques, and the developer ecosystem. If your first touch point with bitcoin is that type of content then it is only natural to be overwhelmed. While it is important that we have a thriving community of bitcoiners dedicated to these complicated tasks - the true beauty of bitcoin lies in its simplicity. Bitcoin is simply better money. It is the best money we have ever had.

Life is complicated. Life is hard. Life is full of responsibility and surprises. Bitcoin allows us to focus on our lives while relying on a money that is simple. A money that is not controlled by any individual, company, or government. A money that cannot be easily seized or blocked. A money that cannot be devalued at will by a handful of corrupt bureaucrat who live hundreds of miles from us. A money that can be easily saved and should increase in purchasing power over time without having to learn how to "build a diversified stock portfolio" or hire someone to do it for us.

Bitcoin enables all of us to focus on our lives - our friends and family - doing what we love with the short time we have on this earth. Time is scarce. Life is complicated. Bitcoin is the most simple aspect of our complicated lives. If we spend our scarce time working then we should be able to easily save that accrued value for future generations without watching the news or understanding complicated financial markets. Bitcoin makes this possible for anyone.

Yesterday was Mother's Day. Raising a human is complicated. It is hard, it requires immense personal responsibility, it requires critical thinking, but mothers figure it out, because it is worth it. Using and saving bitcoin is simple -  simply install an app on your phone. Every mother can do it. Every person can do it.

Life is complicated. Life is beautiful. Bitcoin is simple.

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

@ b1ddb4d7:471244e7

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

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

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

The Custody Spectrum

Custodial Wallets (The Illusion of Control)

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

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

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

Conquering the Three Great Fears of Self-Custody

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

Reality: Human error is manageable with robust systems:

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

Fear 2: “Hackers Will Steal My Keys”

Reality: Offline storage defeats remote attacks:

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

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

Reality: Inheritance is solvable:

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

The Freedom Dividend

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

The Sovereign’s Checklist

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

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

The Inevitable Evolution: Custody Without Compromise

Emerging solutions are erasing old tradeoffs:

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

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

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

@ 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

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

@ 7f6db517:a4931eda

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

— ODELL (@ODELL) December 14, 2022

Good morning.

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

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

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

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

---

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

@ 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.

@ 8bad92c3:ca714aa5

Key Takeaways

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

Best Quotes

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

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

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

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

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

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

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

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

“Only a whale can be magnificent.”

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

Conclusion

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

Timestamps

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

Transcript

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

@ 7f6db517:a4931eda

Will not live in a pod.
Will not eat the bugs.
Will not get the chip.
Will not get a blue check.
Will not use CBDCs.

Live Free or Die.

Why did Elon buy twitter for $44 Billion? What value does he see in it besides the greater influence that undoubtedly comes with controlling one of the largest social platforms in the world? We do not need to speculate - he made his intentions incredibly clear in his first meeting with twitter employees after his takeover - WeChat of the West.

To those that do not appreciate freedom, the value prop is clear - WeChat is incredibly powerful and successful in China.

To those that do appreciate freedom, the concern is clear - WeChat has essentially become required to live in China, has surveillance and censorship integrated at its core, and if you are banned from the app your entire livelihood is at risk. Employment, housing, payments, travel, communication, and more become extremely difficult if WeChat censors determine you have acted out of line.

The blue check is the first step in Elon's plan to bring the chinese social credit score system to the west. Users who verify their identity are rewarded with more reach and better tools than those that do not. Verified users are the main product of Elon's twitter - an extensive database of individuals and complete control of the tools he will slowly get them to rely on - it is easier to monetize cattle than free men.

If you cannot resist the temptation of the blue check in its current form you have already lost - what comes next will be much darker. If you realize the need to resist - freedom tech provides us options.

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

@ d9a329af:bef580d7

Shabbat Shalom, y'all.

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

To the topic at hand, though. A lot of people on Nostr don't seem to understand the historical narrative of the book of Revelation, which saddens me, as we're in the end times Ekklesia (Assembly) era of Laodecia.

Deception of Bible Translations

First off, the reason why most people trust their pastors and/or read differently to what I do in Nazaritic circles is because of translations of the Scriptures that are evil, wretched and Catholic. The best way to combat this is to make some recommendations of which versions you'll want to use that aren't Catholic-infested.

These are the ONLY recommended versions to read. Anythine else is bupkus, evil and garbage, and will teach you futrism or preterism, both of which are Jesuit-penned deceptions.

The recommended versions are as follows: - KJV 1611 (KJV1611) - 1560/1590 Geneva (GNV) - American King James 1901 (AKJV) - J.P. Green Sr.'s King James Version (KJ3) - Young's Literal Translation (YLT)

These are versions I've read, and determined are evil, wretched and garbage: - New International Version (NIV) [Fun fact: The publisher of the NIV, Zondervan, has a sister publisher that is behind the Satanic Bible's publishing] - New Living Translation (NLT) - English Standard Version (ESV) - ISR The Scriptures 2009 Third Edition with Minor Revisions [2016] (ISR2009) - New American Standard Bible (NASB) - New King James Version (NKJV)

What is the Laodecia Era for the Ekklesia?

As a refresher, this time sees people saying they're rich in truth and that they have need of nothing, but this shows that they're wretched, miserable, naked and wicked. Why is this? The need of nothing points to not needing another explanation other than the false futuristic viewpoint, whereas being rich is connected to already knowing the truth about the historical fulfillment of Revelation, which many people don't know at all. I seriously grieve their loss, for they know not what they do.

I'm also new into this viewpoint, and most of what I'll be talking about is proven by historicist prophet David Nikao Wilcoxson on YouTube and Facebook (I don't use Facebook). This single Nostr article, I pray, is the starting point for understanding why I call out what I call out, and the patterns I see pointing to the Roman Catholic Church (the Tares) and the Jesuit Order (the current rulers of our world, the Earth Beast of Rev. 13) being the harlots that will be plucked out before Messiah's return.

The 70th Week of Daniel

Let us start first with the 70th Week of Daniel, which futurists believe is pointed towards a 7 year period where a one-man antichrist makes a peace deal for Israel.

This was proven to be untrue, as this is a deception that many people have fallen for, thus obeying the Pope (the Mark of the Beast on the right hand). What Daniel was talking about was not the end times, but rather, two-fold. The first is that he was asking about when Yevah would free the Jews from slavery (since they were in the Babylonian Beast Kingdom at this time). The second is when Messiah would come in the flesh and start a 7 year period from 27-34 AD, which is the final 7 year period of this 490 year cycle. King Artaxerxes I would go ahead and call for the rebuilding of Jerusalem in 476 BC (as is seen in Ezra), which would be the first 7 weeks (the first 7 Shemita [Shabbat year] cycles). Afterwords, we would see another 62 weeks (this period is a slient period), and then another period of 1 week. This week points to Messiah's ministry and death.

3 1/2 years into this 70th week (in 31 AD) is when Messiah would be nailed to the cross on March 13 of 31 AD (I'm still debating if the cross is a symbol of Tammuz or not). This was Passover in the Hebrew calendar year of 3790. He was 33 years of age when he was nailed, and then rose again 3 days later (on the 16th of Nisan in 3790). That Passover fell on a Monday (when the Romans were using the 8-day calendar instead of the 7-day calendar we've essentially been forced to use).

To prove the above, Wilcoxson had produced a series of videos regarding the 70th Week of Daniel (that being the 70th Week of Daniel Decoded series), which I would recommend you watch. You'll also want to find an audiobook version of Seventy Weeks: The Historical Alternative produced by Tearing Down Idols. These are the two pieces of proof I have to show this. Speaking of Wilcoxson, he had already produced books on these matters, as understanding the hostorical narrative of the Scriptures is the key to making war with the Roman Catholic Church and the Jesuit Order, especially now that we're in Laodecia.

The Olivet Discourse

The second part of this trifecta has to do with the Olivet Discourse of Matthew 23, which points to the destruction of Jarusalem by Rome for Israel's unfaithfulness to Yevah's instructions. Now, there are connections to parables that basically talk about the Yewish (Yew as in Yewtree worship) leaders (particulaly the Pharisees and Saducees) practicing the Tradition of the Elders (which are the Babylonian Talmud and the Egyptian Kabbalah of today), and for not understanding that this was Messiah, they were destroyed for their iniquities. I don't care to research the futurist narrative on this, as I know it is full of twisted words and word salad sorcery.

Wilcoxson proves what I've said in the Olivet Discourse Decoded series of videos, so that's where I'll point you to when you have an open heart, open eyes and open ears. Many futurists won't, because they are exactly what Messiah described in the Ekklesia era of Laodecia.

Revelation and Its Prophecies

Finally, there's Revelation (what used to be called Apocalypse). When looking into this book, you realize that it's really a 4-layered war manual for how to fight this war against the Roman Catholic leadership and the Jesuit Order. This also shows how you can harvest souls (the harvest points to a mass exodus of Roman Catholicism membership). This I will go in depth on, and will even have passages to back this up.

Layer 1: The Roman Beast Kingdom

The first layer of this 4-layered manual shows the phases of the Roman Empire, which never really disappeared. Rev. 12 described the Roman Empire, which was used to wipe out the early Ekklesia (the woman), murdering millions of Nazarites. The Seals point to the incline (for the Four Horsemen of the Apocalypse) and decline of the Roman Empire (the other three Seals), while the Trumpets point to the official Roman Empire's downfall. This would be split into 10 separate kingdoms in Europe, which would be countered by the creation of Christianity, which is really any of the 44k+ forks of Roman Catholicism. This was done to destroy the Ekklesia, as the Roman Catholic Church is the Tare field that Messiah had talked about in the parable of the Wheat and the Tares.

Staying in this layer, the Sea Beast is the next phase. This is the 1,260-year reign of the Pope (538-1798), as he was the one who plucked out 3 kingdoms who didn't bow to his authority (the Heruli, the Huns and the Ostrigoths). Keep in mind that this started after the removal of the restrainer in 476 (pointing to the removal of the final Western Roman Emperor), and healed the deadly head wound (pointing to the Pope rising to power out of a sea of people). During this reign, he took the title of Pontifex Maximus, as he had civic and ecclesiastical power over everyone. This would be the healing of the deadly head wound, as shown earlier in this beast. He would pretend to be the leader of the Ekklesia, thus sitting in the Temple of Yevah, though he's the son of perdition, as he proclaims to be Yevah, forgive sins and provide salvation through works alone, which is blasephemous to begin with. The persecution of the Nazarites also prove them to be anti-Moshiach (Messiah). They also have the title of Vicar of Christ, which in the Latin is Vicarus Filii Dei, which is equal to 666 when calculated using a form of gematria I have no idea about. He would ultimately be removed from power by the Earth Beast in 1798, after he basically limited the power of the Jesuit Superior General and his minions. As stated before, the Mark of the Beast is reverence (forehead) and obeisance (right hand) to the Pope.

Finally, the Earth Beast of Revelation 13 points to the Jesuit Superior Geneal rising out of the earth (which is the land) of the Antichrist Beast Pope, the Vatican. These two horns pretend to serve Messiah (lamb) but are really Lucifarians (the dragon), serving Lucifer. The Black Pope, as the Jesuit Superior General is called, used his power to gether the world under him. That's why he uses Washington D.C. (the District of the Roman goddess, Columbia), his war machine (Military Indurstial Complex), to overthrow leaders who won't bow to his authority and those who won't set up a Rothschild central bank; much less obey the Khazars, who he also controls (I happened to be a partial German Khazar who escaped the grasp of the Black Pope as best as I know thus far).

Layer 2: The Ekklesia Eras

Now comes the eras of the Ekklesia. There are seven of them, though I've already explained the era of Laodecia. How about I give a quick explanation of the first six eras, like so?

Ephesus would spread the gospel in the Roman Empire, with their love growing cold when Messiah didn't return.

Smyrna had 10 years of persecutions from 303-312, which is what the 5th seal points to.

Pergamos would fall away (2 Thess. 2) from the Scriptures when compromising with Rome (Mark of the Beast as I had explained)

Thyatira means ruled by a woman. This means, the Roman Catholic Church would do this, as the Popes sought to eliminate the two witnesses, which are the Nazarites and the printed Scriptures (the little book or Rev. 10). This was why they killed the Nazarites and bured the printed Scriptures ruthlessly enough, that they were classified as "dead" in 1514. The Popes would hold great feasts to celebrate the removal of the two witnesses after they got all of Christendom under their control.

Sardis means escaping one, which points to Messiah calling them dead after 3 1/2 years from the Pope's classification of the death of the two witnesses. Luther's 95 Thesis sparked the Protestant Reformation, which would lead to the resurrection of the two witnesses (the Nazarites and the printed Scriptures).

Philidelphia had nothing bad that Messiah said about them... at all. They led worldwide missions, and also led Bible Societies to spread the word and/or the gospel to save millions of people from the clutches of the Jesuit Superior General (and the Roman Catholic Church as a whole).

As a refresher for Laodecia (the era we're in right now), the Nazarites here believe that they are rich in truth, and that we have need of nothing. This is false, as we are in dire need of something, which is an alternative explanation that's not the false futuristic or preteristic explanations of the book of Revelation. We are blinded by the Jesuits, as they have decieved us (we let them do this, by the way) with false prophecy explanations among other deceptions.

Layer 3: Seals, Trumpets and Bowls

The Seals, Trumpets and Bowls are the judgements against the Roman Beast Kingdom. To keep things short, every single Seal was fulfilled, 6 of the Trumpets were fulfilled, and 5 of the Bowls were fulfilled. We're in the 6th Bowl, waiting for a global economic collapse and WW III. Once these occur, then do we go into the 7th Bowl judgement against the Roman Catholic Church and the Jesuit Order (the New World Order).

One quick thing I'll mention is that when I talk about the two witnesses here, one of them is the little book of Rev. 10. This points to the printed Bible, which was brought back to life thanks to the printing press. Martin Luther would measure the temple and find that the Papal Church is the apostate harlot. Rev. 14 points to the Bowls and the harvest. This harvest points to millions coming out of the Roman Catholic Church, though there are 1.3 billion Catholics... and we have a long way to go in getting them out of her, My people.

Remember when I talked about the Khazars earlier in this article? They are the Kings of the East that Yeshua pointed to in the 6th Bowl. The Ottoman Empire is the Euphrates River here, and it's dried up in 1922, only with Turkey remaining. Gog is already dead, as that's Lord Rothschild. Magog points to the Kings of the East. 2 of the 3 spirits have already been fulfilled (these are World Wars I and II).

Now, let me quickly point out the fact we're in the kingdom of Iron and Clay. The Iron points to the Roman Bishops, and the Clay is Islam. However, furutists will tell me I'm an idiot, and that the Iron and Clay mixture is transhumanism. This was proven to be false, as the 5th Trumpet was the rise of the Clay (Islam). The Catholics, however, wrote the Qur'an and proped up Mohhamed as their prophet. ISIS and Al Qaeda are controlled by the Jesuit Order, which is why they do what they do as terrorists... for they are Wahhabi Muslims (in other words, Mizrahi Khazars who are also Jesuits, claiming to be Arabs, when they're not).

Islam is designed to prevent Arabs from having a relationship with Messiah, which makes me really sad. Muslims will be used to kill Christians and Jews in WW III and force us into the New World Order, which will backfire on the Jesuits and Roman Bishops.

Layer 4: The Harlot Church

Rev 17:10 talks about 7 forms of government. Five had fallen by the time Revelation was written, the 6th (the Roman Emperors) fell in 476, and the 7th lead for a short space until 538.

The 8th head is the Pope, who rose to power out of the Roman Empire. Look up what the priests in the Catholic Church wear, and what they use. Does that sound familiar when you read Revelation? If it does, that's exactly the description of the Sea Beast, and how his priests dress and do their rituals.

Then comes the Black Pope. He empowers and enriches the kings of the earth, as they were used by Lucifer to carry out the Bowl judgements, and will carry out the New World Order, caugins themselves and the Roman Cathoic Church to be judged big time. This we are waiting for.

Conclusion

Hopefully this long read helps you see where I'm coming from, and I pray it helps you to start testing the scriptures against what I've said, and what Wilcoxson had said. If it is proven in your heart that you were fooled, you're on the right path in my opnion. I may be wrong, but this is where I stand.

@ 472f440f:5669301e

Marty's Bent

J.P. Morgan CEO Jamie Dimon has long been an outspoken skeptic and critic of bitcoin. He has called Bitcoin a speculative asset, a fraud, a pet rock, and has opined that it will inevitably blow up. A couple of years ago, he was on Capitol Hill saying that if he were the government, he would "close it down". Just within the last month, he was on Fox Business News talking with Maria Bartiromo, proclaiming that the U.S. should be stockpiling bullets and rare earth metals instead of bitcoin. It's pretty clear that Jamie Dimon, who is at the helm of the most powerful and largest bank in the world, does not like bitcoin one bit.

Evidence below:

via Bitcoin Magazine

via me

via CNBC

via Trending Politics

Despite Dimon's distinguished disdain for Bitcoin, J.P. Morgan cannot deny reality. The CEO of the largest bank in the world is certainly a powerful man, but no one individual, even in the position that Jamie Dimon is in, is more powerful than the market. And the market has spoken very clearly, it is demanding bitcoin. The Bitcoin ETFs have been the most successful ETFs in terms of pace of growth since their launch. They've accumulated tens of billions of dollars in AUM in a very short period of time. Outpacing the previous record set by the gold ETF, GLD.

Whether or not Jamie Dimon himself likes Bitcoin doesn't matter. J.P. Morgan, as the largest bank in the world and a publicly traded company, has a duty to shareholders. And that duty is to increase shareholder value by any ethical and legal means necessary. Earlier today, J.P. Morgan announced plans to offer clients financing against their Bitcoin ETFs, as well as some other benefits, including having their bitcoin holdings recognized in their overall net worth and liquid assets, similar to stocks, cars, and art, which will be massive for bitcoiners looking to get mortgages and other types of loans.

via Bloomberg

I've talked about this recently, but trying to buy a house when most of your liquid net worth is held in bitcoin is a massive pain in the ass. Up until this point, if you wanted to have your bitcoin recognized as part of your net worth and count towards your overall credit profile, you would need to sell some bitcoin, move it to a bank account, and have it sit there for a certain period of time before it was recognized toward your net worth. This is not ideal for bitcoiners who have sufficient cash flows and don't want to sell their bitcoin, pay the capital gains tax, and risk not being able to buy back the amount of sats they were forced to sell just to get a mortgage.

It's not yet clear to me whether or not J.P. Morgan will recognize bitcoin in cold storage toward their clients' net worth and credit profile, or if this is simply for bitcoin ETFs only. However, regardless, this is a step in the right direction and a validation of something that many bitcoiners have been saying for years. Inevitably, everyone will have to bend the knee to bitcoin. Today, it just happened to be the largest bank in the world. I expect more of this to come in the coming months, years, and decades.

Lyn Alden likes to say it in the context of the U.S. national debt and the fiscal crisis, but it also applies to bitcoin adoption and the need for incumbents to orient themselves around the demands of individual bitcoiners; nothing stops this train.

Corporate Bitcoin Treasuries are Changing Market Dynamics

Leon Wankum revealed how corporate Bitcoin treasuries are fundamentally reshaping business dynamics. Companies can now issue equity to fund operations while preserving their Bitcoin holdings, creating a revolutionary capital structure. Leon highlighted MicroStrategy's position, noting they hold enough Bitcoin to cover dividend payments for over 200 years. This model enables companies to reduce founder dilution since they don't need repeated funding rounds when their treasury appreciates.

"Some companies' Bitcoin treasuries are now worth more than all money they've ever raised." - Leon Wankum

Leon shared examples from his own portfolio companies where this strategy has proven transformative. Public companies have discovered an entirely new business model through strategic dilution that actually increases BTC per share. As Leon explained, this approach allows firms to leverage equity markets for operational funding while their Bitcoin treasury compounds in value, creating a positive feedback loop that benefits both shareholders and the company's long-term sustainability.

Check out the full podcast here for more on real estate price cycles, Bitcoin lending products, and the transition to a Bitcoin standard.

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Headlines of the Day

California May Seize Idle Bitcoin After 3 Years - via X

Semler Scientific Buys $20M More Bitcoin, Holds $467M - via X

US Home Sellers Surge as Buyers Hit 4-Year Low - via X

Get our new STACK SATS hat - via tftcmerch.io

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

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Final thought...

I feel old.

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@ a296b972:e5a7a2e8

In dem Video geht es um Dietrich Bonhoeffer, wie er sich zu Dummheit und vorsätzlicher bzw. rationaler Ignoranz geäußert hat. Schon seit einiger Zeit geht bei vielen Seltsames vor: Sie werden mit einem Thema persönlich konfrontiert und postum gibt es genau zu diesem Thema ein Video oder einen Artikel. Das kommt manchmal so vor, wie ein Frage- und Antwort-Spiel innerhalb der Schwarm-Intelligenz. Irgendwie spooky.

Die erschreckende Theorie der Dummheit, die Sie nie hören sollten - Dietrich Bonhoeffer: https://www.youtube.com/watch?v=PH-Vs5ILEko

Dem Entdecken, oder besser, dem Auf-einen-Zukommen, ist dieser E-Mail-Schriftverkehr in zeitlichem Zusammenhang vorausgegangen:

Nachfrage zu einem Aufruf durch einen Mitarbeiter zur Blutspende in einem Unternehmen mit über 100 Mitarbeitern über den E-Mail-Verteiler:

Lieber XXXXXXX,

danke zunächst für Dein Engagement.

In meiner näheren Familie gibt es jemanden, der regelmäßig Blut spendet, daher bin ich ein wenig für das Thema sensibilisiert.

Seit Du die E-Mail verschickt hast, gehe ich damit „schwanger“, ob ich ein vielleicht „heißes Eisen“ anfassen soll.

In den angehängten Informationen (des Roten Kreuzes) steht, dass das gespendete Blut auf bestimmte „Verunreinigungen“ durch Vorerkrankungen untersucht wird. Was nicht aufgeführt ist, ist eine Untersuchung, von der ich noch nicht einmal weiß, ob sie überhaupt schon durchgeführt wurde, und wenn ja, zu welchem Ergebnis sie gekommen ist, ob das gespendete Blut auch mit Substanzen der Corona-Gen-Behandlung verunreinigt sein kann. Leider zeigen ja die aktuellen Erkenntnisse, dass das Spike-Protein noch nach Jahren aktiv sein kann. Auch in gespendetem Blut? Die konkrete Frage wäre, ob das Rote Kreuz definitiv ausschließen kann, dass das nicht der Fall ist, damit ein möglicher Schaden nicht die Gefahr läuft, größer zu sein, als der Nutzen.

Soweit ich weiß, hat das Rote Kreuz bis heute keine separaten Blutbanken von „geimpftem“ und „ungeimpftem“ Blut angelegt. Wenn zu 100% ausgeschlossen werden kann, dass keine schädlichen Substanzen der Gen-Behandlung in die Blutkonserve gelangen, wäre das ja natürlich nicht nötig. Ist das so? Wenn ja, wo ist der Nachweis dazu zu finden, wie ist der aktuelle Erkenntnisstand, von wem wurden Studien dazu erarbeitet, wer hat das finanziert?

Mindestens 20% der Bevölkerung, das sind rund 16 Millionen Menschen, haben auf die Gen-Behandlung verzichtet und wollen im Ernstfall kein kontaminiertes Blut empfangen. Wie kann das Rote Kreuz belegbar und glaubhaft nachweisen, dass möglicherweise verunreinigtes Blut nicht doch in die Blutkonserven gelangt, weil sonst die Gefahr besteht, dass im Ernstfall Impfverzichter einen Schaden davontragen könnten?

Ich finde das eine wichtige Frage dem Roten Kreuz gegenüber und vielleicht wäre es auch gut, die möglichen Spender im Vorfeld für dieses heikle Thema zu sensibilisieren. Ich finde es auffällig, dass das Rote Kreuz sich hierzu weder in die eine, noch andere Richtung in den Informationen äußert, obwohl sie uns alle betrifft.

Ich schreibe diese Email aus kollegialen Gründen, aber auch zur Sensibilisierung gegenüber der Verantwortung aller Menschen gegenüber ihren Mitmenschen, die (hoffentlich nie) in die Situation kommen, einmal auf eine Blutspende angewiesen zu sein.

Wenn sich etwas Neues auf meine Nachfrage an Dich ergibt, wäre es klasse, ich würde davon erfahren.

Vielen Dank und viele Grüße

YYYYYYY

(Die Intension war, sich so vorsichtig wie möglich, quasi auf „Samtpfötchen“, an den Kern heranzupirschen. Dass es bereits Erkenntnisse dazu gibt, dass das Blut kontaminiert sein kann, wurde bewusst weggelassen, um keine Angriffsfläche zu bieten, ein „Verschwörungstheoretiker“ zu sein. Wenn die andere Seite auf einen Austausch eingestiegen wäre, wäre eine Quelle zu dieser Aussage vorhanden gewesen.)

Die Antwort:

Hallo YYYYYYY,

danke für die ausführliche Nachricht und dass du dir Gedanken zu dem Thema machst. Ich finde, man sollte Blutspenden als eine persönliche und private Sache betrachten.

Jeder und jede sollte für sich selbst abwägen, ob und unter welchen Bedingungen er oder sie das tun möchte.

Die Fragen, die du gestellt hast, sind echt speziell. Da geht's um medizinische und wissenschaftliche Themen, da kann ich als Privatperson nicht mitreden. Ich denke, dass sich Interessierte bei solchen Themen am besten direkt an medizinische Fachstellen oder das Rote Kreuz vor Ort wenden sollten, um fundierte und belastbare Informationen zu erhalten.

Mir persönlich ist es wichtig, Menschen auf die Möglichkeit der Blutspende aufmerksam zu machen.

Jeder kann das für sich selbst entscheiden und es ist auch okay, wenn man dabei Überzeugungen hat.

Beste Grüße

XXXXXXX

(„Blutspende…eine persönliche und private Sache“, nach dem Corona-Ereignis auch noch?, „…ich als Privatperson“ empfehle anderen etwas, bei dem sie möglicherweise anderen einen Schaden zufügen. Ist das schon grob fahrlässig, nach den Denkanstößen, die gegeben wurden?, „Wenn man dabei Überzeugungen hat.“, interessante Formulierung.)

Darauf die Reaktion:

Hallo XXXXXXX,

danke auch für Deine Antwort.

Wenn so eine im Grundsatz sicher gute Aktion beworben wird, liegt es nach meinem Empfinden auch in der Verantwortung, auf mögliche Folgen hinzuweisen, wenn es das Rote Kreuz schon nicht tut. Vorausgesetzt, man misst ihnen Bedeutung zu. Wenn meine E-Mail keine Veranlassung zu einer Beunruhigung und eigener Recherche angeregt hat, dann kann ich leider mehr nicht tun.

Dass das Rote Kreuz keine Hinweise gibt, liegt wohl daran, dass es Teil des Systems ist. Wer die Augen aufmacht, kann mit wenig Aufwand leider mehr als genug Tatsachenwahrheiten finden, die mit Schäden im Zusammenhang der Gen-Behandlung verursacht wurden und immer noch verursacht werden. Es ist nicht meine Aufgabe, einen Wissensrückstand von 5 Jahren auf den aktuellen Stand zu bringen. Allein die veröffentlichten RKI-Protokolle sollten schon genug Anlass zur Skepsis bieten. Der ÖRR berichtet leider nicht darüber, weil er auch Teil des Systems ist.

Ich will es damit genug sein lassen und hoffe, dass es unter den Kolleginnen und Kollegen noch weitere kritische Geister gibt.

Es geht nicht gegen Dich persönlich, aber ich hoffe, das Angebot wird nicht zahlreich genutzt.

Viele Grüße

YYYYYYY

(Einen halben Gang hochgeschaltet, ein Versuch, XXXXXXX aus der Reserve zu locken.)

Und ein Nachtrag von YYYYYYY:

Lieber XXXXXXX,

wir sind schon einmal unter Missbrauch des Begriffes „Solidarität“ hinter die Fichte geführt worden. Das darf nicht noch einmal passieren!

Nochmals viele Grüße

YYYYYYY

(Keine Reaktion mehr von XXXXXXX)

Und, wie gesagt, daraufhin kam das Video mit Bonhoeffer entgegen. Besser kann man vorsätzliche, rationale Ignoranz in Bezug auf den Schriftwechsel nicht beschreiben.

Hier wird eine jeden angehende allgemeinmedizinische Frage zu einer Frage der persönlichen Überzeugung gemacht. Das kommt doch sehr bekannt vor, oder?

Sehr wahrscheinlich lässt es sich vermuten, dass es sich bei XXXXXXX wohl um einen Corona-Jünger handelt, der die Tatsachen scheut, wie der Teufel das Weihwasser. Bloß nicht nachdenken, bloß nicht in Frage stellen, bloß nicht hellhörig oder gar neugierig werden, bloß nicht auf die Äußerungen eingehen, bloß nicht konkret werden, bloß keine eindeutig formulierte Stellung zu den Aussagen beziehen. „Angriffsfläche“ wäre vorhanden gewesen.

Das vorsichtige Anpirschen war alles andere, als mit-der-Brechstange-herangehen. Und doch setzt sofort automatisch der Teflon-Effekt ein. Selbstschutz.

Die Frage ist, wie soll da die Spaltung überwunden werden, wenn „die andere Seite“ so überhaupt nicht bereit ist, sich mit dem Vorgebrachten auseinanderzusetzen. Noch nicht einmal, wenn man nur die Spitze der Spitze des Eisbergs leise anhaucht.

Diesem Beispiel könnten viele unzählige weitere Beispiele hinzugefügt werden. Jeder hat so etwas schon einmal auf die eine oder andere Weise erlebt.

Das Gefühl lässt sich nicht unterdrücken, dass sich die Menschheit in zwei Lager aufgeteilt hat, und es gibt derzeit keinen Weg, wie man wieder aufeinander zukommen könnte.

Wie zwei Welten aufeinanderprallen, kann man derzeit auch in der Enquete-Kommission im sächsischen Landtag erleben: https://www.youtube.com/watch?v=D6ACmwBUBFM

Aus der Sicht von YYYYYYY ist das kein Grund zur Verzweiflung, jedoch drängt sich der Wunsch auf, dass man mit solchen Menschen wie XXXXXXX nichts mehr anfangen will. Man möchte mit ihnen, so schade es auch ist, am liebsten gar nichts mehr zu tun haben, und wenn doch aus irgendwelchen Gründen, nur noch das Allernotwendigste, so kurz und knapp, wie möglich. Empathie aufzubringen erscheint einem als vergeudete Energie, besser ist es, sich auf die Menschen zu konzentrieren, die wegen fehlender Genbehandlung keine Wesensveränderungen, die mittlerweile leider auch schon bestätigt sind, erlitten haben.

Wie Bonhoeffer richtig sagt, es geht hier nicht um Intelligenz, es geht viel tiefer. Es geht um das Menschsein an sich, und man hat den Eindruck, dass vor allem dies unter dem Einfluss der Spritze sehr stark gelitten hat. Da scheint so eine Abgestumpftheit durch, die einem einen kalten Schauer über den Rücken fahren lässt. Und das ist vielleicht noch gefährlicher, als diejenigen, die wirklich dumm sind. Das ist keine Arroganz oder Überheblichkeit, sondern unschuldig, wahllos von der Natur vergebene Dummheit, die jeden hätte ereilen können, hat es immer schon zu einem großen Teil gegeben. Hier hat man wenigstens noch die Möglichkeit, sich einfühlen zu können und Verständnis aufzubringen. Bei Menschen aber, von denen man weiß, dass sie die kognitiven Fähigkeiten zur Reflektion hätten, sie jedoch aus welchen Gründen auch immer nicht nutzen, oder sie als Verdrängungsmechanismus gerade nutzen, weil sie es können, geht auch eine gewisse Gefahr aus, weil man nie wissen kann, was sie sich sonst noch so ausdenken könnten, wenn sie in die geistige Enge getrieben werden, um ja nicht von Menschen, die den Mut haben, die Wahrheit auszusprechen, in ihrem mühsam aufgebauten Weltbild erschüttert zu werden. „Was nicht sein darf, das nicht sein kann!“, obwohl doch eigentlich die Wahrheit dem Menschen zumutbar ist.

So hat man das Gefühl, man atmet Honig ein und bewegt sich mühsam durch einen zähen Brei vorwärts, der einem bis zu den Oberschenkeln reicht. Jeder Schritt eine Anstrengung.

Und bevor man noch tiefer in dieses Verlustgefühl von Lebensqualität eintaucht (das hat nichts mit Depressionen zu tun, man bekommt einfach nur schlechte Laune), sich immer wieder bewusst machen, dass es da draußen noch eine Menge bei Verstand gebliebener Menschen gibt, die unermüdlich daran arbeiten, dass die Wahrheit weiter so sehr erkraftet, dass sie sich ihren Weg in den sogenannten Mainstream bahnt und die Menschen endlich aufwachen. So schmerzlich das für viele sein mag, es muss sein!

Selbst für einen wenig religiösen Menschen, im Sinne von regelmäßigen Kirchgängen und keinem Kontakt zur Institution Kirche, bekommt der Satz eine ganz besondere Bedeutung:

„Ich schicke euch den Geist der Wahrheit, und der wird euch frei machen!“

@ a5ee4475:2ca75401

[EM ATUALIZAÇÃO]

vacina #saude #politica #manipulacao #mundial #genocidio #pandemia #conspiracao

Este artigo reúne algumas evidências mais antigas que vim registrando durante alguns anos contra a covid, vacinas obrigatórias e a ação de agências de governo, fundações, políticos, mídia tradicional, celebridades, influenciadores, cientistas, redes sociais e laboratórios, em envolvimento com genocídio e restrições de liberdades em escala mundial causado por decisões em várias esferas relativas ao covid e as vacinas obrigatórias em geral.

Porém, alguns links podem não estar mais disponiveis, foram que ainda faltam ser registradas muitas informações já divulgadas nos últimos anos e que não tivemos contato pela escassez de meios para a obtenção dessas informações de forma organizada. Portanto, o presente artigo ainda passará por atualizações de conteúdo e formatação, então se possível ajudem sugerindo com complementos ou alterações.

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Explicações iniciais:

• Sars-Cov-2 é que é nome do vírus. Ele que causa a doença Covid-19;
• O Sars-Cov-2 é o segundo tipo de Sars-Cov documentado, o primeiro ocorreu em 2003;
• 'Coronavírus' na verdade é um nome genérico para vários vírus de gripes já comuns, dado para o tipo corona (com uma "coroa", 'espetos' ao redor dele), o Sars-Cov-2 é só uma delas.

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1. Vacinas Obrigatórias em Geral

• Vacinas e autismo em crianças https://publichealthpolicyjournal.com/vaccination-and-neurodevelopmental-disorders-a-study-of-nine-year-old-children-enrolled-in-medicaid/

• O CDC admite que 98 milhões de pessoas receberam o vírus do câncer através da vacina da Poliomielite https://medicinanews.com.br/frente/frente_1/o-cdc-admite-que-98-milhoes-de-pessoas-receberam-o-virus-do-cancer-atraves-da-vacina-poliomielite/

- Fonte original da imagem: https://preventdisease.com/images13/CDC_Polio.png [indisponível] - Imagem arquivada em: https://web.archive.org/web/20201203231640/

"O CDC (Os Centros de Controle e Prevenção de Doenças dos Estados Unidos) removeu rapidamente uma página do seu site, que estava em cache no Google, como você pode ver logo abaixo, admitindo que mais de 98 milhões de americanos receberam uma ou mais doses de vacina contra pólio dentro de 8 período entre 1955 e 1963, quando uma proporção da vacina foi contaminada com um poliomavírus causador de câncer chamado SV40."

27/02/2021 - Por que o Japão demorou para vacinar, mesmo com Olimpíada se aproximando https://www.cnnbrasil.com.br/internacional/2021/02/27/por-que-o-japao-demorou-para-vacinar-mesmo-com-olimpiada-se-aproximando

"Desconfiança da população japonesa em relação a vacinas, ligada a casos ocorridos no passado, está entre razões que atrasaram imunização no país.

A resistência à vacina do Japão remonta à década de 1970, quando duas crianças morreram dentro de 24 horas após receberem a vacina combinada contra difteria, tétano e coqueluche (coqueluche). A vacina foi temporariamente suspensa, mas a confiança já havia sido abalada. Por vários anos, as taxas de vacinação infantil caíram, levando a um aumento nos casos de tosse convulsa.

No final dos anos 1980, houve outro susto com a introdução da vacina tripla contra sarampo, caxumba e rubéola produzida no Japão. As primeiras versões do imunizante foram associadas à meningite asséptica, ou inchaço das membranas ao redor do cérebro e da medula espinhal. O problema foi rastreado até o componente caxumba da vacina tripla, o que levou a uma ação judicial e a indenização por danos pesados.

O Instituto Nacional de Ciências da Saúde interrompeu a dose combinada em 1993 e a substituiu por vacinas individuais. Após o escândalo, Shibuya disse que o governo japonês se tornou "ciente dos riscos" e seu programa nacional de vacinação tornou-se voluntário.

O Dr. Yuho Horikoshi, especialista em doenças infecciosas, diz que os processos levaram a uma "lacuna de vacinação", em que nenhuma vacina foi aprovada no Japão por cerca de 15 anos.

Mais recentemente, em 2013, o Japão adicionou a vacina contra o papilomavírus humano (HPV) ao calendário nacional para proteger as meninas contra o vírus sexualmente transmissível, que é conhecido por causar câncer cervical. No entanto, vídeos de meninas supostamente sofrendo de reações adversas começaram a circular no YouTube, levando o governo a retirá-los da programação nacional."

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2. PRIMEIRAS OCORRÊNCIAS PREDITIVAS AO COVID-19

2010 - Fundação Rockfeller, Lockstep. https://www.rockefellerfoundation.org/wp-content/uploads/Annual-Report-2010-1.pdf

Neste PDF da fundação Rockfeller, em seu próprio site, a fundação deixou claro o seu envolvimento em casos de ‘contenção’ de pandemias juntamente com a USAID (agência americana com nome ambíguo, como formalmente ‘United States Agency for International Development’, mas soando como ‘US Socorre’, mas sendo um braço do governo democrata que financiava interferências políticas diretas em vários países, como no Brasil: https://www.gazetadopovo.com.br/vida-e-cidadania/quais-ongs-cooperaram-com-moraes-e-sao-alvo-do-congresso-nos-eua/ ), inclusive em relacionadas ao SARS, um vírus muito semelhante ao SEGUNDO tipo de vírus Sars-Cov, o Sars-Cov-2 (o vírus propagado em 2019) e que causa o COVID-19.

Segundo eles:

“Integração entre Regiões e Países

A Fundação Rockefeler investiu US$ 22 milhões em sua Iniciativa de Redes de Vigilância de Doenças para ajudar a conter a disseminação de doenças infecciosas e pandemias, fortalecendo os sistemas nacionais, regionais e globais de vigilância e resposta a doenças. Dois programas-chave da Rockefeler — a Rede de Vigilância de Doenças da Bacia do Mekong e a Rede Integrada de Vigilância de Doenças da África Oriental — conectaram e capacitaram profissionais de saúde, epidemiologistas e autoridades de saúde pública em toda a região, levando a um aumento de seis vezes nos locais de vigilância de doenças transfronteiriças somente nos últimos três anos. Em 2010, a Rockefeler expandiu a bem-sucedida campanha transdisciplinar One Health, que a USAID e o Banco Asiático de Desenvolvimento adotaram como modelos. One Health refere-se à integração da ciência médica e veterinária para combater essas novas variedades de doenças zoonóticas que se movem e sofrem mutações rapidamente de animais para humanos. Essas colaborações criaram e fortaleceram uma rede regional crítica de saúde pública, enquanto as lições aprendidas foram exportadas entre disciplinas e países. Além de fortalecer os laços globais em saúde pública, a Rockefeler ajudou a elevar o nível de especialização e treinamento em campo. O Programa de Treinamento em Epidemiologia de Campo coloca graduados nos mais altos escalões do governo no Laos e no Vietnã, enquanto as bolsas da Rockefeler transformaram as ferramentas disponíveis para os médicos, permitindo-lhes utilizar o poder da internet para se comunicar e monitorar eventos, compreender contextos locais e analisar novos problemas. Finalmente, estamos aplicando ferramentas do século XXI para combater os desafios de saúde do século XXI.”

Julho de 2012 - Revista Mundo Estranho

Houve uma "coincidência", a revista Mundo Estranho em julho de 2012, entrevistou o até então doutorando em virologia, Átila Iamarino (o mesmo cientista que fez diversas propagandas das vacinas no Brasil), para descrever um possível cenário de propagação de uma epidemia viral, a revista descreve com grande precisão os eventos de 2020, mas apontando o oposto da China, em que, na realidade, sua economia cresceu vertiginosamente.

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3. PRIMEIROS INDÍCIOS

10/2019 - Evento 201 - Durante os Jogos Militares Internacionais na China https://www.centerforhealthsecurity.org/event201/

Promovido por: - Bill & Melinda Gates Foundation - John Hopkins Institute - Fórum econômico mundial

"O evento simula a liberação de um coronavírus novo do tipo zoonótico transmitido por morcegos para porcos e por fim para humanos. Eventualmente ele se torna muito transmissível entre humanos levando a uma pandemia severa. O vírus é muito parecido com o vírus da SARS, mas se transmite muito mais facilmente entre pessoas devido a sintomas muito mais leves destas."

Também mencionado por: [Jornal Estadão] ( http://patrocinados.estadao.com.br/medialab/releaseonline/releasegeral-releasegeral/geral-johns-hopkins-center-for-health-security-forum-economico-mundial-e-fundacao-bill-melinda-gates-realizam-exercicio-pandemico-e-transmissao-ao-vivo/)

Sobre o "Movimento antivacina"

05/12/2017 - Movimento antivacina: como surgiu e quais consequências ele pode trazer? https://www.uol.com.br/universa/noticias/redacao/2017/12/05/o-que-o-movimento-antivacina-pode-causar.htm?cmpid=copiaecola

23/03/2019 - "Instagram bloqueia hashtags e conteúdo antivacinação" https://canaltech.com.br/redes-sociais/instagram-bloqueia-hashtags-e-conteudo-antivacinacao-135411/

23/05/2021 - Novos dados sobre pesquisadores de Wuhan aumentam debate sobre origens da Covid https://www.cnnbrasil.com.br/saude/novos-dados-sobre-pesquisadores-de-wuhan-aumentam-debate-sobre-origens-da-covid/

"A China relatou à Organização Mundial da Saúde que o primeiro paciente com sintomas semelhantes aos de Covid-19 foi registrado em Wuhan em 8 de dezembro de 2019"

01/02/2020 - O que aconteceu desde que o novo coronavírus foi descoberto na China https://exame.com/ciencia/o-que-aconteceu-desde-que-o-novo-coronavirus-foi-descoberto-na-china/

"O primeiro alerta foi recebido pela Organização Mundial da Saúde (OMS) em 31 de dezembro de 2019"

15/09/2020 - YouTube diz que vai remover vídeos com mentiras sobre vacina contra COVID-19 https://gizmodo.uol.com.br/youtube-remover-videos-mentiras-vacina-covid-19/

"O YouTube anunciou na quarta-feira (14) que estenderá as regras atuais sobre mentiras, propaganda e teorias da conspiração sobre a pandemia do coronavírus para incluir desinformação sobre as vacinas contra a doença.

De acordo com a Reuters, a gigante do vídeo diz que agora vai proibir conteúdos sobre vacinas contra o coronavírus que contradizem “o consenso de especialistas das autoridades de saúde locais ou da OMS”, como afirmações falsas de que a vacina é um pretexto para colocar chips de rastreamento nas pessoas ou que irá matar ou esterilizar quem tomar."

*07/01/2021 - YouTube vai punir canais que promovem mentiras sobre eleições – incluindo os de Trump https://olhardigital.com.br/2021/01/07/noticias/youtube-vai-punir-canais-que-promovem-mentiras-sobre-eleicoes-incluindo-os-de-trump/

"O YouTube anunciou que vai punir canais que promovem mentiras sobre as eleições, removendo sumariamente qualquer vídeo que contenha desinformação e, ao mesmo tempo, advertindo com um “strike” o canal que o veicular. A medida já está valendo e a primeira “vítima” é ninguém menos que o ex-presidente americano, Donald Trump.

A medida não é exatamente nova, mas foi novamente comunicada e reforçada pelo YouTube na quarta-feira (6), após os eventos de invasão do Capitólio, em Washington, onde o presidente eleito Joe Biden participava da cerimônia que confirmava a sua vitória nas eleições de novembro de 2020. A ocasião ficou marcada pela tentativa de invasão de correligionários de Trump, que entraram no edifício em oposição à nomeação do novo presidente. Uma mulher acabou sendo morta pela polícia que protegia o local.

O ex-presidente Donald Trump teve vídeos banidos de seu canal no YouTube após os eventos de ontem (6) no capitólio."

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4. FIGURAS CENTRAIS

Bill Gates

• Bill Gates diz 'não' a abrir patentes de vacinas https://www.frontliner.com.br/bill-gates-diz-nao-a-abrir-patentes-de-vacinas/

"Bill Gates, um dos homens mais ricos do mundo, cuja fundação tem participação na farmacêutica alemã CureVac, produtora de vacina mRNA para prevenção de covid-19, disse não acreditar que a propriedade intelectual tenha algo a ver com o longo esforço global para controlar a pandemia."

João Doria e São Paulo

26/07/2017 - João Dória vai a China conhecer drones para ampliar segurança eletrônica na capital paulista https://jc.ne10.uol.com.br/blogs/jamildo/2017/07/26/joao-doria-vai-china-conhecer-drones-para-ampliar-seguranca-eletronica-na-capital-paulista/

02/08/2019 - Governo de SP fará Missão China para ampliar cooperação e atrair investimentos https://www.saopaulo.sp.gov.br/spnoticias/governo-de-sao-paulo-detalha-objetivos-da-missao-china/

20/11/2019 - Doria se encontra com chineses das gigantes CREC e CRCC e oferece concessões de rodovia, metrô e ferrovia https://diariodotransporte.com.br/2019/11/20/doria-se-encontra-com-chineses-das-gigantes-crec-e-crcc-e-oferece-concessoes-de-rodovia-metro-e-ferrovia/

25/01/2020 - "Chineses serão agressivos" nas privatizações em SP até 2022, afirma Dória https://noticias.uol.com.br/colunas/jamil-chade/2020/01/25/entrevista-joao-doria-privatizacoes-sao-paulo-china.htm

O governador de São Paulo, João Doria, afirma que vai acelerar os programas de desestatização no estado em 2020 e acredita que concessões e vendas poderão permitir uma arrecadação de pelo menos R$ 40 bilhões. Nesse processo, o governador avalia que a China deve atuar de forma agressiva e que aprofundará sua posição de maior parceira comercial do estado, se distanciando de americanos e argentinos.

29/06/2020 - Doria estabelece multa para quem estiver sem máscara na rua em SP https://veja.abril.com.br/saude/doria-estabelece-multa-para-quem-estiver-sem-mascara-na-rua/

24/12/2020 - Doria é flagrado sem máscara e fazendo compras em Miami https://pleno.news/brasil/politica-nacional/doria-e-flagrado-sem-mascara-e-fazendo-compras-em-miami.html

"Foto do governador de São Paulo sem o item de proteção viralizou nas redes"

07/06/2021 - Doria é criticado na internet por tomar sol sem máscara em hotel no Rio https://vejasp.abril.com.br/cidades/doria-e-criticado-na-internet-por-tomar-sol-sem-mascara-em-hotel-no-rio/

30/09/2020 - Governo de SP assina contrato com Sinovac e prevê vacina para dezembro https://agenciabrasil.ebc.com.br/saude/noticia/2020-09/governo-de-sp-assina-contrato-com-sinovac-e-preve-vacina-para-dezembro

O governador de São Paulo, João Doria, e o vice-presidente da laboratório chinês Sinovac, Weining Meng, assinaram hoje (30), um contrato que prevê o fornecimento de 46 milhões de doses da vacina CoronaVac para o governo paulista até dezembro deste ano.

O contrato também prevê a transferência tecnológica da vacina da Sinovac para o Instituto Butantan, o que significa que, o instituto brasileiro poderá começar a fabricar doses dessa vacina contra o novo coronavírus. O valor do contrato, segundo o governador João Doria é de US$ 90 milhões.

20/10/2020 - Coronavac terá mais de 90% de eficácia, afirmam integrantes do governo paulista https://www.cnnbrasil.com.br/saude/2020/12/20/coronavac-tera-mais-de-90-de-eficacia-afirmam-integrantes-do-governo

24/10/2020 - Não esperamos 90% de eficácia da Coronavac’, diz secretário de saúde de SP https://www.cnnbrasil.com.br/saude/2020/12/24/nao-esperamos-90-de-eficacia-da-coronavac-diz-secretario-de-saude-de-sp

07/01/2021 - Vacina do Butantan: eficácia é de 78% em casos leves e 100% em graves https://www.cnnbrasil.com.br/saude/2021/01/07/vacina-do-butantan-eficacia-e-de-78-em-casos-leves-e-100-em-graves

09/01/2021 - Não é hora de sermos tão cientistas como estamos sendo agora https://g1.globo.com/sp/sao-paulo/video/nao-e-hora-de-sermos-tao-cientistas-como-estamos-sendo-agora-diz-secretario-de-saude-de-sp-9166405.ghtml

10/01/2021 - Dados da Coronavac relatados à Anvisa não estão claros, diz médico https://www.cnnbrasil.com.br/saude/2021/01/10/dados-da-coronavac-relatados-a-anvisa-nao-estao-claros-diz-medico

"O diretor do Laboratório de Imunologia do Incor, Jorge Kalil, reforçou que faltaram informações sobre a Coronavac nos dados divulgados à Anvisa"

12/01/2021 - New Brazil data shows disappointing 50,4% efficacy for China’s Coronavac vaccine [Novos dados do Brasil mostram eficácia decepcionante de 50,4% para a vacina CoronaVac da China] https://www.reuters.com/article/us-health-coronavirus-brazil-coronavirus/new-brazil-data-shows-disappointing-504-efficacy-for-chinas-coronavac-vaccine-idUSKBN29H2CE

13/01/2021 - Eficácia da Coronavac: 50,38%, 78% ou 100%? https://blogs.oglobo.globo.com/lauro-jardim/post/5038-78-ou-100.html

“De acordo com interlocutores que participaram tanto do anúncio de ontem como da semana passada, quem pressionou para que os dados de 78% e 100% fossem liberados foi João Dória.”

07/05/2021 - Covid-19: Doria toma primeira dose da vacina CoronaVac https://veja.abril.com.br/saude/covid-19-doria-toma-primeira-dose-da-vacina-coronavac/

04/06/2021 - Doria é vacinado com a segunda dose da CoronaVac em São Paulo https://noticias.uol.com.br/politica/ultimas-noticias/2021/06/04/doria-e-vacinado-com-a-segunda-dose-da-coronavac-em-sao-paulo.htm

15/07/2021 - Doria testa positivo para a Covid-19 pela 2ª vez https://www.correiobraziliense.com.br/politica/2021/07/4937833-doria-testa-positivo-para-covid-19-pela-segunda-vez.html

"Governador de São Paulo já havia sido diagnosticado com a doença no ano passado. Ele diz que, apesar da infecção, se sente bem, o que atribui ao fato de ter sido vacinado com duas doses da Coronavac"

06/08/2021 - CPI recebe investigação contra Doria por compra de máscara sem licitação https://www.conexaopoder.com.br/nacional/cpi-recebe-investigacao-contra-doria-por-compra-de-mascara-sem-licitacao/150827

"Empresa teria usado o nome de Alexandre Frota para vender máscaras ao governo de SP. Doria nega informação"

Renan Filho

(filho do Renan Calheiros)

25/07/2019 - Governador Renan Filho vai à China em busca de investimentos para o estado https://www.tnh1.com.br/videos/vid/governador-renan-filho-vai-a-china-em-busca-de-investimentos-para-o-estado/

20/03/2020 - Governadores do NE consultam China e pedem material para tratar covid-19 https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2020/03/20/governadores-do-ne-consultam-china-e-pedem-material-para-tratar-covid-19.htm

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5. Narrativas, restrições e proibições

17/12/2020 - STF decide que vacina contra a covid pode ser obrigatória, mas não forçada https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2020/12/17/stf-julga-vacinacao-obrigatoria.htm?cmpid=copiaecola

"O STF (Supremo Tribunal Federal) decidiu, em julgamento hoje, que o Estado pode determinar a obrigatoriedade da vacinação contra a covid-19. Porém fica proibido o uso da força para exigir a vacinação, ainda que possam ser aplicadas restrições a direitos de quem recusar a imunização.

Dez ministros foram favoráveis a obrigatoriedade da vacinação, que poderá ser determinada pelo governo federal, estados ou municípios. As penalidades a quem não cumprir a obrigação deverão ser definidas em lei."

27/07/2021 - Saiba que países estão adotando 'passaporte da vacina' para suspender restrições https://www.cnnbrasil.com.br/internacional/2021/07/27/saiba-que-paises-estao-adotando-passaporte-da-vacina-para-suspender-restricoes

" - Israel - Uniao Europeia - Áustria - Dinamarca - Eslovênia - França - Grécia - Irlanda - Itália - Letônia - Lituânia - Luxemburgo - Holanda - Portugal - Japão - Coreia do sul"

18/06/2021 - O que é o passaporte da vacina que Bolsonaro quer vetar? https://noticias.uol.com.br/politica/ultimas-noticias/2021/06/18/uol-explica-o-que-e-o-passaporte-da-vacina-que-opoe-bolsonaro-e-damares.htm

"O Brasil poderá ter um certificado de imunização futuramente. Aprovado no Senado na semana passada, o "passaporte da vacina", como é chamado, prevê identificar pessoas vacinadas para que entrem em locais públicos ou privados com possíveis restrições."

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6. Vacinas

Alegações iniciais

• CoronaVac, Oxford e Pfizer: veja diferenças entre as vacinas contra covid noticias.uol.com.br/saude/ultimas-noticias/redacao/2021/05/11/diferencas-vacinas-covid-brasil.htm

" - CoronaVac (Butantan/Sinovac - Chinesa) Com virus inativo 50,38% de eficácia 2 doses

• Covishield - 'AstraZeneca' (Fiocruz/Astrazenica/Oxford - Britânica) Com virus não replicante 67% de eficácia 2 doses

• ComiRNAty - 'Pfizer' (Pfizer - Americana / BioNTech - Alemã) Com RNA mensageiro 96% de eficácia 2 doses"

Riscos diretos

15/06/2021 - Trombose após vacinação com AstraZeneca: Quais os sintomas e como se deve atuar? https://www.istoedinheiro.com.br/trombose-apos-vacinacao-com-astrazeneca-quais-os-sintomas-e-como-se-deve-atuar/

"Agências europeias estão reticentes com a vacina da AstraZeneca. Ela chegou a ser desaconselhada a pessoas com idade inferior a 60 anos, e um alto funcionário da Agência Europeia de Medicamentos declarou que era melhor deixar de administrar a vacina deste laboratório em qualquer idade quando há alternativas disponíveis, devido aos relatos de trombose após a primeira dose, apesar de raros."

11/05/2021 - CoronaVac, Oxford e Pfizer: veja diferenças entre as vacinas contra covid https://noticias.uol.com.br/saude/ultimas-noticias/redacao/2021/05/11/diferencas-vacinas-covid-brasil.htm

"Na terça-feira (12), o Ministério da Saúde determinou a suspensão da aplicação da vacina de Oxford/AstraZeneca para gestantes e puérperas com comorbidades. A decisão segue recomendação da Anvisa, que apura a morte de uma grávida de 35 anos que tomou o imunizante e teve um AVC (acidente vascular cerebral)."

30/07/2021 - Pfizer representa o mesmo risco de trombose que a Astrazeneca, aponta levantamento https://panoramafarmaceutico.com.br/pfizer-representa-o-mesmo-risco-de-trombose-que-a-astrazeneca-aponta-levantamento/

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7. CRIMES

Crimes da Pfizer

18/11/2020 Não listado no google - Os Crimes documentados da produtora de vacinas de Covid - Pfizer [INGLÊS] https://www.dmlawfirm.com/crimes-of-covid-vaccine-maker-pfizer-well-documented/

"A velocidade com que a vacina Covid da Pfizer foi produzida, a ausência de estudos em animais, testes de controle randomizados e outros testes e procedimentos padrão usuais para um novo medicamento são, no mínimo, preocupantes. Além disso, todos os fabricantes de vacinas Covid receberam imunidade legal para quaisquer ferimentos ou mortes que possam causar. Se essas vacinas são tão seguras quanto promovidas, por que seus fabricantes precisam de imunidade geral?"

"A Pfizer, uma empresa farmacêutica que parece ter ganhado na loteria para produzir a primeira vacina Covid-19, está atualmente lutando contra centenas de ações judiciais sobre o Zantac, um popular medicamento contra azia. Os processos da Zantac afirmam que a droga popular pode estar contaminada com uma substância cancerígena chamada N-nitrosodimetilamina (NDMA). Os processos Zantac são em aberto e em andamento, já que a farmacêutica está lutando contra eles; mas a Pfizer, sabemos, cometeu vários crimes ou transgressões pelos quais foi punida nos últimos anos. As falhas da empresa estão bem documentadas e vale a pena revisá-las neste momento crítico da história da humanidade, enquanto todos nós buscamos respostas."

A Pfizer recebeu a maior multa da história dos Estados Unidos como parte de um acordo judicial de US $ 2,3 bilhões com promotores federais por promover medicamentos erroneamente (Bextra, Celebrex) e pagar propinas a médicos complacentes. A Pfizer se confessou culpada de falsificar a marca do analgésico Bextra, promovendo o medicamento para usos para os quais não foi aprovado.

Na década de 1990, a Pfizer estava envolvida em válvulas cardíacas defeituosas que causaram a morte de mais de 100 pessoas. A Pfizer enganou deliberadamente os reguladores sobre os perigos. A empresa concordou em pagar US $ 10,75 milhões para acertar as acusações do departamento de justiça por enganar reguladores.

A Pfizer pagou mais de US $ 60 milhões para resolver um processo sobre o Rezulin, um medicamento para diabetes que causou a morte de pacientes de insuficiência hepática aguda.

No Reino Unido, a Pfizer foi multada em quase € 90 milhões por sobrecarregar o NHS, o Serviço Nacional de Saúde. A Pfizer cobrou do contribuinte um adicional de € 48 milhões por ano, pelo que deveria custar € 2 milhões por ano.

A Pfizer concordou em pagar US $ 430 milhões em 2004 para resolver acusações criminais de que havia subornado médicos para prescrever seu medicamento para epilepsia Neurontin para indicações para as quais não foi aprovado. Em 2011, um júri concluiu que a Pfizer cometeu fraude em sua comercialização do medicamento Neurontin. A Pfizer concordou em pagar $ 142,1 milhões para liquidar as despesas.

A Pfizer revelou que pagou quase 4.500 médicos e outros profissionais médicos cerca de US $ 20 milhões por falar em nome da Pfizer.

Em 2012, a Comissão de Valores Mobiliários dos Estados Unidos - anunciou que havia chegado a um acordo de US $ 45 milhões com a Pfizer para resolver acusações de que suas subsidiárias haviam subornado médicos e outros profissionais de saúde no exterior para aumentar as vendas no exterior.

A Pfizer foi processada em um tribunal federal dos Estados Unidos por usar crianças nigerianas como cobaias humanas, sem o consentimento dos pais das crianças. A Pfizer pagou US $ 75 milhões para entrar em acordo no tribunal nigeriano pelo uso de um antibiótico experimental, o Trovan, nas crianças. A empresa pagou um valor adicional não divulgado nos Estados Unidos para liquidar as despesas aqui. A Pfizer violou o direito internacional, incluindo a Convenção de Nuremberg estabelecida após a Segunda Guerra Mundial, devido aos experimentos nazistas em prisioneiros relutantes.

Em meio a críticas generalizadas de roubar os países pobres em busca de drogas, a Pfizer prometeu dar US $ 50 milhões para um medicamento para a AIDS para a África do Sul. Mais tarde, no entanto, a Pfizer falhou em honrar essa promessa.

• Pfizer contract leaked! [Contrato da Pfizer vazado] http://sanjeev.sabhlokcity.com/Misc/LEXO-KONTRATEN-E-PLOTE.pdf

Segundo o contrato "o produto não deve ser serializado":

"5.5 Reconhecimento do comprador.

O Comprador reconhece que a Vacina e os materiais relacionados à Vacina, e seus componentes e materiais constituintes estão sendo desenvolvidos rapidamente devido às circunstâncias de emergência da pandemia de COVID-19 e continuarão a ser estudados após o fornecimento da Vacina ao Comprador nos termos deste Contrato. O Comprador reconhece ainda que os efeitos de longo prazo e eficácia da Vacina não são atualmente conhecidos e que pode haver efeitos adversos da Vacina que não são atualmente conhecidos. Além disso, na medida do aplicável, o Comprador reconhece que o Produto não deve ser serializado."

Crimes da AstraZeneca

21/06/2003 - AstraZeneca se declara culpada no esquema de médico de câncer https://www.nytimes.com/2003/06/21/business/astrazeneca-pleads-guilty-in-cancer-medicine-scheme.html

"A AstraZeneca, a grande empresa farmacêutica, se declarou culpada hoje de uma acusação de crime de fraude no sistema de saúde e concordou em pagar $ 355 milhões para resolver as acusações criminais e civis de que se envolveu em um esquema nacional para comercializar ilegalmente um medicamento contra o câncer de próstata.

O governo disse que os funcionários da empresa deram incentivos financeiros ilegais a cerca de 400 médicos em todo o país para persuadi-los a prescrever o medicamento Zoladex. Esses incentivos incluíram milhares de amostras grátis de Zoladex [...]"

27/04/2010 - Farmacêutica gigante AstraZeneca pagará US $ 520 milhões pelo marketing de medicamentos off-label https://www.justice.gov/opa/pr/pharmaceutical-giant-astrazeneca-pay-520-million-label-drug-marketing

"AstraZeneca LP e AstraZeneca Pharmaceuticals LP vão pagar $ 520 milhões para resolver as alegações de que a AstraZeneca comercializou ilegalmente o medicamento antipsicótico Seroquel para usos não aprovados como seguros e eficazes pela Food and Drug Administration (FDA), os Departamentos de Justiça e Saúde e Serviços Humanos A Equipe de Ação de Fiscalização de Fraudes em Saúde (HEAT) anunciou hoje. Esses usos não aprovados também são conhecidos como usos "off-label" porque não estão incluídos no rótulo do medicamento aprovado pela FDA."

• List of largest pharmaceutical settlements [Lista dos maiores acordos farmaceuticos] https://en.m.wikipedia.org/wiki/List_of_largest_pharmaceutical_settlements

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8. CIENTISTAS

Especialistas Sérios

• Máscara Provoca Insuficiência Respiratória E Contaminação Microbiana… [Canal deletado] https://youtube.com/watch?v=eHu-pydSvDI

Não lembro mais a quem pertencia, mas provavelmente era de um médico falando do assunto. Creio ter sido do Dr. Paulo Sato, por essa temática ter sido abordada por ele, mas ao abrir o site aparece somente:

"Este vídeo foi removido por violar as diretrizes da comunidade do YouTube"

Dr. Paulo Sato

• USAR ou NÃO USAR a CUECA do seu governador no rosto https://fb.watch/7NPP_7rS5S/ https://www.facebook.com/AdoniasSoaresBR/videos/1347904292291481/ Adonias Soares entrevista ao Dr. Paulo Sato sobre as máscaras, em que é simulado o efeito da respiração prolongada das máscaras no organismo com o uso de águas de torneira, natural, gaseificada (com gás carbônico) e antioxidante, em que a com gás carbônico (PH 4 - Ácido) representa o organismo humano, e na prática representa lesão corporal e iniciação de doenças.

Dr. Kary Mullis

(Criador do teste PCR)

• PCR nas palavras do seu inventor - Dr. Kary Mullis (legendado) https://www.youtube.com/watch?v=W1O52uTygk8

"Qualquer um pode testar positivo para quase qualquer coisa com um teste de PCR, se você executá-lo por tempo suficiente… Com PCR, se voce fizer isso bem, você pode encontrar quase tudo em qualquer pessoa… Isso não te diz que você está doente."

• Kary Mullis DESTRUYE a Anthony Fauci lbry://@CapitalistChile#0/Kary-Mullis---Fauci#5

"Ele [...] não entende de medicina e não deveria estar onde está. A maioria dos que estão acima são só administrativos e não têm nem ideia do que ocorre aqui em baixo e essas pessoas tem uma agenda que não é a que gostaríamos que tivessem, dado que somos nós os que pagamos a eles para que cuidem da nossa saúde. Têm uma agenda pessoal."

Dra. Li-Meng Yan

• Dra. Li-Meng Yan: O vírus foi criado em laboratório com um objetivo: Causar dano. https://youtu.be/pSXp3CZnvOc

Dr. Joe Roseman

• Cientista Phd Dr Joe Roseman faz seríssimas advertencias sobre a picada https://youtu.be/0PIXVFqJ_h8

Dr. Robert Malone

• As vacinas podem estar causando ADE - Dr. Robert Malone https://odysee.com/@AkashaComunidad:f/Las_vacunas_pueden_estar_causando_ADE_magnificaci%C3%B3n_mediada_por:f lbry://@Información.#b/Drrm#9

Dr. Robert Malone, um dos três inventores da tecnologia de RNAm que se usa de forma farmacêutica. No vídeo fala sobre os efeitos de ADE (realce dependente de anticorpos) que estão ocorrendo com as vacinas. Nas palavras do Dr. Malone, já não é somente uma hipótese, mas baseada nos conhecimentos gerados nas provas e ensaios pré clínicos, com as vacinas contra o primeiro vírus da SARS.

Dr. Luc Montagnier

• Dr. Luc Montagnier, virologista, prêmio Nobel de medicina, um dos descobridores do vírus HIV, afirma: "a vacinação em massa está criando as novas variantes' (@medicospelavida , telegram)

Falsos Especialistas

• Dr. Anthony Fauci - Imunologista

• Dr. Atila Iamarino (nerdologia) - Microbiólogo

Atualmente propagandeia a pauta climática do COP30 (30th Conference Of Parties - UN [30ª Conferência das Partes - ONU]) que será no Brasil.

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9. CASOS DOCUMENTADOS

13 de setembro de 2021 - 13/09/2021 - Carta aberta ao Ministro da Saúde por Arlene Ferrari Graf, mãe de Bruno Oscar Graf https://telegra.ph/Carta-aberta-ao-Ministro-da-Sa%C3%BAde-09-13

Também em: Gazeta do Povo

O texto de uma mãe discorrendo sobre o filho dela, Bruno Oscar Graf, ter ANTI-HEPARINA PF4 AUTO-IMUNE e ter vindo a falecer por reação à vacina.

11/05/2021 - Rio notifica morte de grávida vacinada com imunizante Oxford https://www.terra.com.br/noticias/coronavirus/rio-notifica-morte-de-gravida-vacinada-com-imunizante-oxford,415b9b0c49169427ac2f90ae3765c057e9suy3qn.html

"Vítima não apresentava histórico de doença circulatória nem sofria de nenhuma doença viral; relação será investigada"

13/08/2021 - Cruzeiro com 4.336 pessoas tem 27 contaminados com Covid-19 em Belize https://paranaportal.uol.com.br/geral/cruzeiro-com-4-336-pessoas-tem-27-contaminados-com-covid-19-em-belize/amp/

"Segundo um comunicado do Conselho de Turismo de Belize emitido na quarta-feira (11), 26 contaminados são da tripulação e um é passageiro. A maioria é assintomática e os 27 estão vacinados."

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10. ALEGAÇÕES DIRETAS

Setembro de 2021 - 09/2021 - BOMBA: Ex-membro do Partido Comunista da China revela que o primeiro surto da Covid foi “intencional” https://terrabrasilnoticias.com/2021/09/bomba-ex-membro-do-partido-comunista-da-china-revela-que-o-primeiro-surto-da-covid-foi-intencional/

@ 7f6db517:a4931eda

There must be a limit to how much data is transferred across the bitcoin network in order to keep the ability to run and use your own node accessible. A node is required to interact with the global bitcoin network - if you do not use your own node then you must trust someone else's node. If nodes become inaccessible to run then the network will centralize around the remaining entities that operate them - threatening the censorship resistance at the core of bitcoin's value prop. The bitcoin protocol uses three main mechanisms to keep node operation costs low - a fixed limit on the amount of data in each block, an automatic difficulty adjustment that regulates how many blocks are produced based on current mining hash rate, and a robust dynamic transaction fee market.

Bitcoin transaction fees limit network abuse by making usage expensive. There is a cost to every transaction, set by a dynamic free market based on demand for scarce block space. It is an incredibly robust way to prevent spam without relying on centralized entities that can be corrupted or pressured.

After the 2017 bitcoin fee spike we had six years of relative quiet to build tools that would be robust in a sustained high fee market. Fortunately our tools are significantly better now but many still need improvement. Most of the pain points we see today will be mitigated.

The reality is we were never going to be fully prepared - pressure is needed to show the pain points and provide strong incentives to mitigate them.

It will be incredibly interesting to watch how projects adapt under pressure. Optimistic we see great innovation here.

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_If you are willing to wait for your transaction to confirm you can pay significantly lower fees. Learn best practices for reducing your fee burden here.

My guide for running and using your own bitcoin node can be found here._

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

@ cae03c48:2a7d6671

Bitcoin Magazine

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

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

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

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

— Bitcoin Magazine (@BitcoinMagazine) June 3, 2025

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

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

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

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

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

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

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

@ cae03c48:2a7d6671

Bitcoin Magazine

Moscow Exchange Launches Bitcoin Futures For Qualified Investors

The Moscow Exchange, Russia’s largest exchange group, announced the launch of Bitcoin futures contracts on June 4th, 2025. The new derivatives will allow qualified investors in Russia to gain exposure to bitcoin prices without directly owning it.

The bitcoin futures contracts are cash-settled in Russian rubles and will be tied to the iShares Bitcoin Trust ETF (IBIT) that trades on U.S. exchanges. The IBIT ETF tracks the price of bitcoin, with each share representing 0.00068 bitcoin.

BREAKING: Russia’s largest exchange, Moscow Exchange launches #Bitcoin futures trading for qualified investors. pic.twitter.com/J9htJUWpLw

— Bitcoin Magazine (@BitcoinMagazine) June 4, 2025

Trading for the new bitcoin futures kicked off on Wednesday, with the first contracts expiring in September 2025. Each futures contract will be denominated in U.S. dollars per bitcoin but settled in rubles.

The launch of bitcoin futures on the Moscow Exchange comes after increased interest in Bitcoin exposure from Russian financial institutions. In May, Russia’s central bank formally permitted the offering of crypto-linked securities and derivatives to qualified investors. Prior to this, direct investment in Bitcoin was discouraged.

Sberbank, Russia’s largest bank, also announced plans to unveil its own bitcoin futures product in addition to the Moscow Exchange’s offering. The bank is launching exchange-traded notes that track Bitcoin’s price without direct ownership.

Bitcoin futures and other crypto-derivatives have seen surging interest recently as the Bitcoin and crypto industry matures. The move comes as an increasing number of countries have started adding Bitcoin to their reserves.

As Bitcoin adoption increases, investors and financial institutions are seeking more routes to gain exposure to Bitcoin. The launch of futures on the Moscow Exchange provides regulated bitcoin exposure to qualified Russian investors. But direct ownership of “physical” bitcoin remains off limits for most in Russia’s traditional finance sector.

This post Moscow Exchange Launches Bitcoin Futures For Qualified Investors first appeared on Bitcoin Magazine and is written by Vivek Sen.

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

@ a5ee4475:2ca75401

clients #link #list #english #article #finalversion #descentralismo

*These clients are generally applications on the Nostr network that allow you to use the same account, regardless of the app used, keeping your messages and profile intact.

**However, you may need to meet certain requirements regarding access and account NIP for some clients, so that you can access them securely and use their features correctly.

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CLIENTS

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Twitter like

• Nostrmo - [source] 🌐💻(🐧🪟🍎)🍎🤖(on zapstore)
• Coracle - Super App [source] 🌐🤖(on zapstore)
• Amethyst - Super App with note edit, delete and other stuff with Tor [source] 🤖(on zapstore)
• Primal - Social and wallet [source] 🌐🍎🤖(on zapstore)
• Iris - [source] 🌐🤖🍎
• Current - [source] 🤖🍎
• FreeFrom 🤖🍎
• Openvibe - Nostr and others (new Plebstr) [source] 🤖🍎
• Snort 🌐(🤖[early access]) [onion] [source]
• Damus 🍎 [source]
• Nos 🍎 [source]
• Nostur 🍎 [source]
• NostrBand 🌐 [info] [source]
• Yana [source] 🌐💻(🐧) 🍎🤖(on zapstore)
• Nostribe [on development] 🌐 [source]
• Lume 💻(🐧🪟🍎) [info] [source]
• Gossip - [source] 💻(🐧🪟🍎)
• noStrudel - Gamified Experience [onion] [info/source] 🌐
• [Nostrudel Next] - [onion]
• moStard - Nostrudel with Monero [onion] [info/source] 🌐
• Camelus - [source] 🤖 [early access]

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Community

• CCNS - Community Curated Nostr Stuff [source]
• Nostr Kiwi [creator] 🌐
• Satellite [info] 🌐
• Flotilla - [source] 🌐🐧🤖(on zapstore)
• Chachi - [source] 🌐
• Futr - Coded in haskell [source] 🐧 (others soon)
• Soapbox - Comunnity server [info] [source] 🌐
• Ditto - Soapbox community server 🌐 [source] 🌐
• Cobrafuma - Nostr brazilian community on Ditto [info] 🌐
• Zapddit - Reddit like [source] 🌐
• Voyage (Reddit like) [on development] 🤖

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Wiki

• Wikifreedia - Wiki Dark mode [source] 🌐
• Wikinostr - Wiki with tabs clear mode [source] 🌐
• Wikistr - Wiki clear mode [info] [source] 🌐

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Search

• Keychat - Signal-like chat with AI and browser [source] 💻(🐧🪟🍎) - 📱(🍎🤖{on zapstore})
• Spring - Browser for Nostr apps and other sites [source] 🤖 (on zapstore)
• Advanced nostr search - Advanced note search by isolated terms related to a npub profile [source] 🌐
• Nos Today - Global note search by isolated terms [info] [source] 🌐
• Nostr Search Engine - API for Nostr clients [source]
• Ntrends - Trending notes and profiles 🌐

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Website

• Nsite - Nostr Site [onion] [info] [source]
• Nsite Gateway - Nostr Site Gateway [source]
• Npub pro - Your site on Nostr [source]

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App Store

ZapStore - Permitionless App Store [source] 🤖 💻(🐧🍎)

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Video and Live Streaming

• Flare - Youtube like 🌐 [source]
• ZapStream - Lives, videos, shorts and zaps (NIP-53) [source] 🌐 🤖(lives only | Amber | on zapstore)
• StreamCat - [source code dont found]
• Shosho - Stream your camera [source] 🤖(on zapstore)
• Swae - Live streaming [source] (on development) ⏳

Post Aggregator - Kinostr - Nostr Cinema with #kinostr [english] [author] 🌐 - Stremstr - Nostr Cinema with #kinostr [english] [source] 🤖

Link Agreggator - Kinostr - #kinostr - Nostr Cinema Profile with links [English] - Equinox - Nostr Cinema Community with links [Portuguese]

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Audio and Podcast Transmission

• Castr - Your npub as podcast feed [source]
• Nostr Nests - Audio Chats [source] 🌐
• Fountain - Podcast [source] 🤖🍎
• Corny Chat - Audio Chat [source] 🌐

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Music

• Tidal - Music Streaming [source] [about] [info] 🤖🍎🌐
• Wavlake - Music Streaming [source] 🌐(🤖🍎 [early access])
• Tunestr - Musical Events [source] [about] 🌐
• Stemstr - Musical Colab (paid to post) [source] [about] 🌐

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Images

• Lumina - Trending images and pictures [source] 🌐
• Pinstr - Pinterest like [source] 🌐
• Slidestr - DeviantArt like [source] 🌐
• Memestr - ifunny like [source] 🌐

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Download and Upload

• DTAN - Distributed Torrent Archive on Nostr [info] [source] 🌐

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Documents, graphics and tables

• Mindstr - Mind maps [source] 🌐
• Docstr - Share Docs [info] [source] 🌐
• Formstr - Share Forms [info] 🌐
• Sheetstr - Share Spreadsheets [source] 🌐
• Slide Maker - Share slides 🌐 [Advice: Slide Maker https://zaplinks.lol/ site is down]

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Health

• Sobrkey - Sobriety and mental health [source] 🌐
• Runstr - Running app [source] 🌐
• NosFabrica - Finding ways for your health data 🌐
• LazerEyes - Eye prescription by DM [source] 🌐

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Forum

• OddBean - Hacker News like [info] [source] 🌐
• LowEnt - Forum [info] 🌐
• Swarmstr - Q&A / FAQ [info] 🌐
• Staker News - Hacker News like 🌐 [info]

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Direct Messenges (DM)

• 0xchat 🤖🍎 [source]
• Nostr Chat 🌐🍎 [source]
• Blowater 🌐 [source]
• Anigma (new nostrgram) - Telegram based [on development] [source]

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Reading

• Oracolo - A minimalist Nostr html blog [source]
• nRSS - Nostr RSS reader 🌐
• Highlighter - Insights with a highlighted read [info] 🌐
• Zephyr - Calming to Read [info] 🌐
• Flycat - Clean and Healthy Feed [info] 🌐
• Nosta - Check Profiles [on development] [info] 🌐
• Alexandria - e-Reader and Nostr Knowledge Base (NKB) [source] 🌐

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Writing

• Habla - Blog [info] 🌐
• Blogstack - Blog [info]🌐
• YakiHonne - Articles and News [info] 🌐🍎🤖(on zapstore)

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Lists

• Following - Users list [source] 🌐
• Nostr Unfollower - Nostr Unfollower
• Listr - Lists [source] 🌐
• Nostr potatoes - Movies List [source] 💻(numpy)

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Market and Jobs

• Shopstr - Buy and Sell [onion] [source] 🌐
• Nostr Market - Buy and Sell 🌐
• Plebeian Market - Buy and Sell [source] 🌐
• Ostrich Work - Jobs [source] 🌐
• Nostrocket - Jobs [source] 🌐

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Data Vending Machines - DVM (NIP90)

(Data-processing tools)

• Noogle - [source] 🌐
• Vendata - [source] 🌐
• TaskTiger 🌐
• Malware DVMs 🌐

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Games

• Chesstr - Chess 🌐 [source]
• Jestr - Chess [source] 🌐
• Snakestr - Snake game [source] 🌐
• Snakes on a Relay - Multiplayer Snake game like slither.io [source] 🌐

ENGINES - DEG Mods - Decentralized Game Mods [info] [source] 🌐 - NG Engine - Nostr Game Engine [source] 🌐 - JmonkeyEngine - Java game engine [source] 🌐

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Customization

• Emojito - Send Funny Stickers to React 🌐 [creator]

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Like other Services

• Olas - Instagram like [source] 🌐🍎🤖(on zapstore)
• Nostree - Linktree like 🌐
• Rabbit - TweetDeck like [info] 🌐
• Zaplinks - Nostr links 🌐
• Omeglestr - Omegle-like Random Chats [source] 🌐

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General Uses

• Njump - HTML text gateway source 🌐
• Filestr - HTML midia gateway [source] 🌐
• W3 - Nostr URL shortener [source] 🌐
• Playground - Test Nostr filters [source] 🌐

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Places

• Wherostr - Travel and show where you are
• Arc Map (Mapstr) - Bitcoin Map [info]

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Driver and Delivery

• RoadRunner - Uber like [on development] ⏱️
• Nostrlivery - iFood like [on development] ⏱️

⚠️ SCAM ⚠️ | Arcade City - Uber like [source]

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OTHER STUFF

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Lightning Wallets (zap)

• Wallet of Satoshi - Simplest Lightning Wallet [info] 🤖🍎
• Coinos - Web wallet and Nostr client [source] 🌐
• Alby - Native and extension [info] [source] 🌐
• Minibits - Cashu mobile wallet [info] 🤖
• LNbits - App and extension [source] 🤖🍎💻
• Zeus - [info] [source] 🤖🍎
• Blink - Open source custodial wallet (KYC over 1000 usd) [source] 🤖🍎

⚠️ ZBD - Zap Gaming wallet and no more Social [closed source] [info] [some resources] 🤖 ⚠️ ZBD suddenly canceled my account for alleged Terms of Service violations, gives me no explanation and won't let me withdraw my money ⚠️

Without Zap - Wassabi Wallet - Privacy-focused and non-custodial with Nostr Update Manager [source]

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Exchange

• Mostro - P2P lightning exchange on Nostr [info] 🌐
• Emptio - Bitcoin P2P on Nostr [on development]

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Media Server (Upload Links)

audio, image and video

Connected with Nostr (NIP):

• Nostr Build - Free and paid Upload [info] [source] 🌐
• NostrMedia - Written in Go with Nip 96 / Blossom (free and paid) [info] [source]
• Nostr Check - [info] [source] 🌐
• NostPic - [info] [source] 🌐
• Sovbit - Free and paid upload [info] [source] 🌐
• Voidcat - Nip-96 and Blossom [source] 🌐
• Primal Media - Primal Media Uploader [source] 🌐

Blossom - Your Media Safer

• Primal Blossom 🌐
• NostrBuild Blossom - Free upload (max 100MiB) and paid [info] [source] 🌐

Paid Upload Only

• Satellite CDN - prepaid upload (max 5GB each) [info] [source] 🌐

Without Nostr NIP:

• Pomf - Upload larger videos (max 1GB) [source]
• Catbox - max 200 MB [source]
• x0 - max 512 MiB [source]

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Donation and payments

• Zapper - Easy Zaps [source] 🌐
• Autozap [source] 🌐
• Zapmeacoffee 🌐
• Nostr Zap 💻(numpy)
• Creatr - Creators subscription 🌐
• Geyzer - Crowdfunding [info] [source] 🌐
• Heya! - Crowdfunding [source]

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Security

• Secret Border - Generate offline keys 💻(java)
• Umbrel - Your private relay [source] 🌐

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Key signing/login and Extension

• Amber - Key signing [source] 🤖(on zapstore)
• Nowser - Account access keys 📱(🤖🍎) 💻(🐧🍎🪟)
• Nos2x - Account access keys 🌐
• Nsec.app 🌐 [info]
• Lume - [info] [source] 🐧🪟🍎
• Satcom - Share files to discuss - [info] 🌐
• KeysBand - Multi-key signing [source] 🌐

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Code

• Stacks - AI Templates [info] [source] 🌐
• Nostrify - Share Nostr Frameworks 🌐
• Git Workshop (github like) [experimental] 🌐
• Gitstr (github like) [on development] ⏱️
• Osty [on development] [info] 🌐
• Python Nostr - Python Library for Nostr
• Sybil - Creating, managing and test Nostr events [on development] ⏱️

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Relay Check and Cloud

• Nostr Watch - See your relay speed 🌐
• NosDrive - Nostr Relay that saves to Google Drive

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Bidges and Getways

• Matrixtr Bridge - Between Matrix & Nostr
• Mostr - Between Nostr & Fediverse
• Nostrss - RSS to Nostr
• Rsslay - Optimized RSS to Nostr [source]
• Atomstr - RSS/Atom to Nostr [source]

Useful Profiles and Trends

nostr-voice - Voice note (just some clients)

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NOT RELATED TO NOSTR

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Voca - Text-to-Speech App for GrapheneOS [source] 🤖(on zapstore)

Android Keyboards

• Futo - Gboard like [source]
• Florisboard - [source]
• Heliboard - Openboard based [source]

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Personal notes and texts

• Joplin - privacy-focused note taking app with sync capabilities [source] 📱(🤖🍎) - 💻 (🐧🪟🍎)

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Front-ends

• Nitter - Twitter / X without your data [source]
• NewPipe - Youtube, Peertube and others, without account & your data [source] 🤖
• Piped - Youtube web without you data [source] 🌐

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Other Services

• Brave - Browser [source]
• DuckDuckGo - Search [source]
• LLMA - Meta - Meta open source AI [source]
• DuckDuckGo AI Chat - Famous AIs without Login [source]
• Proton Mail - Mail [source]

Other open source index: Degoogled Apps

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Some other Nostr index on:

Nostr Apps | Nostorg | Awesome Nostr

@ 7f6db517:a4931eda

Influencers would have you believe there is an ongoing binance bank run but bitcoin wallet data says otherwise.

- binance wallets are near all time highs
- bitfinex wallets are also trending up
- gemini and coinbase are being hit with massive withdrawals though

You should not trust custodians, they can rug you without warning. It is incredibly important you learn how to hold bitcoin yourself, but also consider not blindly trusting influencers with a ref link to shill you.

---

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

@ 7f6db517:a4931eda

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

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

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

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

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

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

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

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

@ eb0157af:77ab6c55

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

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

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

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

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

Penalties for non-compliance

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

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

Licenses will be rare, legal experts warn

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

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

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

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

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

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

@ 2ed3596e:98b4cc78

Bitcoin Well recently sat down with Bitcoin News for a conversation about our mission to empower financial independence through Bitcoin. Founder and CEO Adam O’Brien shared how a frustrating experience purchasing bitcoin in 2013 led to the creation of one of Canada’s largest bitcoin ATM networks—and ultimately, a broader mission to help people replace traditional banks with self-custodied bitcoin.

From building out our Bitcoin portal to navigating life fully de-banked, Adam discussed how Bitcoin Well is creating tools for everyday use—paying bills, receiving paychecks, and living sovereignly. Read the full conversation to understand why we’re proud to be leading the charge for freedom-minded Bitcoiners across Canada and beyond.

About Bitcoin Well:

Bitcoin Well is a Canadian company on a mission to enable financial independence through the use of Bitcoin. We offer tools and services that allow users to buy, sell, and use bitcoin in self-custody—without relying on traditional banks.

About Bitcoin News:

Bitcoin News Inc is a US-based media company dedicated to covering the latest in Bitcoin—from mining and wallets to its growing role in global liquidity. We deliver clear, insightful reporting to help readers navigate the shifting landscape of Bitcoin and digital finance.

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

@ b2caa9b3:9eab0fb5

If you'd like to connect with me on XMPP, you're very welcome! I first used it many years ago, and now I've returned to it — and I'm really glad I did.

XMPP is a secure and privacy-friendly way to communicate. It's spam-resistant: messages only go through once you've accepted a contact request. To request a connection, just send me a message.

One of the great things about XMPP is that you have control over encryption. You can choose to use strong encryption like PGP or OMEMO, or even no encryption at all — it's entirely up to you. Your messages aren’t tied to any one company or service.

There are many apps (called clients) you can use with XMPP, and you’re not locked into a single one that monitors or sells your data. XMPP is an open protocol, which means freedom of choice and better privacy.

My XMPP username is: rubenstorm@c0nnect.de

I’ve also been much less active on Facebook, Instagram, and other social media. That’s because I’ve shifted from platforms to protocols — more decentralized, censorship-resistant tools that put users in control. I started exploring these about two years ago and haven’t looked back.

If you’re interested in learning more or want help getting started, feel free to reach out. Just message me using any XMPP client — I’ll be happy to connect!

@ da8b7de1:c0164aee

Nukleáris politika és szabályozási fejlemények

A Nemzetközi Atomenergia-ügynökség (IAEA) Kormányzótanácsa 2025. június 9-én kezdi meg szokásos júniusi ülését Bécsben. A főbb napirendi pontok között szerepel a 2024-es éves jelentés, a technikai együttműködési tevékenységek, az iráni ellenőrzés és felügyelet, az ellenőrzések végrehajtása Észak-Koreában és Szíriában, a nukleáris biztonság és védelem Ukrajnában, valamint a nukleáris anyagok átruházása és ellenőrzése az AUKUS-keretében. Az ülésen új tagokat is kijelölnek a Kormányzótanácsba, és előkészítik a 69. rendes közgyűlést[iaea.org].

Jelentős projektek és iparági bővülés

Az amerikai Tennessee Valley Authority (TVA) benyújtotta kérelmét az Egyesült Államok Nukleáris Szabályozási Bizottságához egy GE Vernova Hitachi BWRX-300 kis moduláris reaktor (SMR) megépítésére a Clinch River telephelyen, ami jelentős lépés az amerikai fejlett nukleáris technológiák elterjesztésében[world-nuclear-news.org]. Kanadában a hatóság engedélyezte az Ontario Power Generation számára, hogy egy BWRX-300 reaktort építsen a Darlington New Nuclear Project helyszínen, ezzel tovább haladva az észak-amerikai SMR-projektek terén[world-nuclear-news.org].

India nukleáris szabályozója jóváhagyta a négyblokkos Mahi Banswara Rajasthan Atomerőmű telephelyét, Kínában pedig folytatódnak a szerelési munkák a Haiyang 3 egységen. Eközben Belgium és Dánia felülvizsgálják nukleáris politikájukat: Belgium visszavonja a korábbi leállítási döntést, Dánia pedig újragondolja álláspontját[world-nuclear-news.org].

Ellátási lánc, munkaerő és nemzetközi együttműködés

A nukleáris kapacitás várható gyors növekedése miatt egyre nagyobb hangsúly kerül mind a helyi, mind a globális ellátási lánc felkészítésére. A World Nuclear Association legutóbbi konferenciája kiemelte az ellátási lánc „globalizációjának” fontosságát a bővülés támogatásához[world-nuclear-news.org]. A nukleáris munkaerő világszerte növekedni fog, ami új lehetőségeket teremt, nem pedig hiányt. Az iparági szakértők hangsúlyozzák a jelentkezők tapasztalatának javítását és a szektorok közötti készségek hasznosítását a jövőbeni igények kielégítésére[world-nuclear-news.org].

A nemzetközi szabályozói együttműködés is fejlődik, különösen a kis moduláris reaktorok (SMR) tervezési értékelése terén. A brit Nukleáris Szabályozási Hivatal közzétette első jelentését ebben a témában, globális szinten hatékonyabb és összehangoltabb megközelítést célozva[world-nuclear-news.org].

Gazdasági és befektetési trendek

A nukleáris szektorban újra optimizmus tapasztalható, egészséges projektportfóliókkal és növekvő magánbefektetésekkel, különösen a fejlett üzemanyagok, például a HALEU (magas dúsítású urán) terén. A Világbank lehetséges politikai váltása, amely lehetővé tenné nukleáris projektek finanszírozását, jelentős hatással lehet a globális befektetésekre, példát mutatva más hitelezőknek is[ans.org].

Az USA-ban jelentős lépés a Prohibiting Russian Uranium Imports Act életbe lépése, amely megtiltja a feldolgozatlan, alacsony dúsítású orosz urán behozatalát, és 2,72 milliárd dollár szövetségi támogatást szabadít fel a hazai urántermelés fellendítésére. A törvény 2027-ig korlátozott mentességeket engedélyez, 2040-ben pedig lejár[ans.org].

Technológia és innováció

A TerraPower hivatalosan is jelezte a brit hatóságoknak, hogy megkezdi a Natrium nátrium-hűtésű gyorsreaktor általános tervezési engedélyezési folyamatát, ezzel jelezve, hogy a vállalat nemzetközi szinten is be kívánja vezetni ezt a technológiát[world-nuclear-news.org]. Olaszországban új nemzeti bizottság alakult a radioaktív anyagok szállításával kapcsolatos kihívások kezelésére, a megfelelőség és a logisztika egyszerűsítése érdekében[world-nuclear-news.org].

Az Enel, az Ansaldo Energia és a Leonardo megalapította a Nuclitalia céget, hogy tanulmányozza a fejlett nukleáris technológiákat és elemezze a piaci lehetőségeket, ami jól mutatja az európai érdeklődés növekedését a következő generációs nukleáris megoldások iránt[world-nuclear-news.org].

Friss és közelgő események

• Az IAEA Kormányzótanácsának ülése (2025. június 9–13.) számos politikai, biztonsági és védelmi kérdéssel foglalkozik majd[iaea.org].
• Az amerikai Fehér Ház nemrégiben csúcstalálkozót tartott a hazai nukleáris fejlesztésekről, és elindította a legnagyobb szövetségi kezdeményezést az elmúlt ötven évben a hálózati méretű nukleáris reaktorok felgyorsított építésére[ans.org].

---

Források: - world-nuclear-news.org - iaea.org - ans.org - nucnet.org

@ 7f6db517:a4931eda

Humanity's Natural State Is Chaos
Without order there is chaos. Humans competing with each other for scarce resources naturally leads to conflict until one group achieves significant power and instates a "monopoly on violence."

Power Brings Stability
Power has always been the key means to achieve stability in societies. Centralized power can be incredibly effective in addressing issues such as crime, poverty, and social unrest efficiently. Unfortunately this power is often abused and corrupted.

Centralized Power Breeds Tyranny
Centralized power often leads to tyrannical rule. When a select few individuals hold control over a society, they tend to become corrupted. Centralized power structures often lack accountability and transparency, and rely too heavily on trust.

Distributed Power Cultivates Freedom
New technology that empowers individuals provide us the ability to rebuild societies from the bottom up. Strong individuals that can defend and provide for themselves will help build strong local communities on a similar foundation. The result is power being distributed throughout society rather than held by a select few.

In the short term, relying on trust and centralized power is an easy answer to mitigating chaos, but freedom tech tools provide us the ability to build on top of much stronger distributed foundations that provide stability while also cultivating individual freedom.

The solution starts with us. Empower yourself. Empower others. A grassroots freedom tech movement scaling one person at a time.

---

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

@ dfa02707:41ca50e3

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

Headlines

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

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

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

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

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

Use the tools

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

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

@ dfa02707:41ca50e3

News

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

Source: b10c's blog.

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

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

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

Source: block.xyz

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

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

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

Source: Bitwise.

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

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

@ dfa02707:41ca50e3

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

Headlines

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

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

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

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

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

Use the tools

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

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

• RoboSats v0.7.7-alpha is now available!

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

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

Source: RoboSats.

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

What's new

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

Source: RoboSats.

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

New contributors

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

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

GitHub Repo

@ dfa02707:41ca50e3

• 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

@ dfa02707:41ca50e3

Headlines

• Spiral renews support for Dan Gould and Joschisan. The organization has renewed support for Dan Gould, who is developing the Payjoin Dev Kit (PDK), and Joschisan, a Fedimint developer focused on simplifying federations.
• Metaplanet buys another 145 BTC. The Tokyo-listed company has purchased an additional 145 BTC for $13.6 million. Their total bitcoin holdings now stand at 5,000 coins, worth around $428.1 million.
• Semler Scientific has increased its bitcoin holdings to 3,303 BTC. The company acquired an additional 111 BTC at an average price of $90,124. The purchase was funded through proceeds from an at-the-market offering and cash reserves, as stated in a press release.
• The Virtual Asset Service Providers (VASP) Bill 2025 introduced in Kenya. The new legislation aims to establish a comprehensive legal framework for licensing, regulating, and supervising virtual asset service providers (VASPs), with strict penalties for non-compliant entities.
• Russian government to launch a cryptocurrency exchange. The country's Ministry of Finance and Central Bank announced plans to establish a trading platform for "highly qualified investors" that "will legalize crypto assets and bring crypto operations out of the shadows."
• All virtual asset service providers expect to be fully compliant with the Travel Rule by the end of 2025. A survey by financial surveillance specialist Notabene reveals that 90% of virtual asset service providers (VASPs) expect full Travel Rule compliance by mid-2025, with all aiming for compliance by year-end. The survey also shows a significant rise in VASPs blocking withdrawals until beneficiary information is confirmed, increasing from 2.9% in 2024 to 15.4% now. Additionally, about 20% of VASPs return deposits if originator data is missing.
• UN claims Bitcoin mining is a "powerful tool" for money laundering. The Rage's analysis suggests that the recent United Nations Office on Drugs and Crime report on crime in South-East Asia makes little sense and hints at the potential introduction of Anti-Money Laundering (AML) measures at the mining level.
• Riot Platforms has obtained a $100 million credit facility from Coinbase Credit, using bitcoin as collateral for short-term funding to support its expansion. The firm's CEO, Jason Les, stated that this facility is crucial for diversifying financing sources and driving long-term stockholder value through strategic growth initiatives.
• Bitdeer raises $179M in loans and equity amid Bitcoin chip push. The Miner Mag reports that Bitdeer entered into a loan agreement with its affiliate Matrixport for up to $200 million in April, as disclosed in its annual report filed on Monday.
• Federal Reserve retracts guidance discouraging banks from engaging in 'crypto.' The U.S. Federal Reserve withdrew guidance that discouraged banks from crypto and stablecoin activities, as announced by its Board of Governors on Thursday. This includes rescinding a 2022 supervisory letter requiring prior notification of crypto activities and 2023 stablecoin requirements.

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

• UAE-based Islamic bank ruya launches Shari’ah-compliant bitcoin investing. The bank has become the world’s first Islamic bank to provide direct access to virtual asset investments, including Bitcoin, via its mobile app, per Bitcoin Magazine.
• U.S. 'crypto' scam losses amounted to $9.3B in 2024. The US The Federal Bureau of Investigation (FBI) has reported $9.3 billion losses in cryptocurrency-related scams in 2024, noting a troubling trend of scams targeting older Americans, which accounted for over $2.8 billion of those losses.

Source: FBI.

• North Korean hackers establish fake companies to target 'crypto' developers. Silent Push researchers reported that hackers linked to the Lazarus Group created three shell companies, two of which are based in the U.S., with the objective of spreading malware through deceptive job interview scams aimed at individuals seeking jobs in cryptocurrency companies.
• Citrea deployed its Clementine Bridge on the Bitcoin testnet. The bridge utilizes the BitVM2 programming language to inherit validity from Bitcoin, allegedly providing "the safest and most trust-minimized way to use BTC in decentralized finance."
• Hesperides University offers a Master’s degree in Bitcoin. Bitcoin Magazine reports the launch of the first-ever Spanish-language Master’s program dedicated exclusively to Bitcoin. Starting April 28, 2025, this fully online program will equip professionals with technical, economic, legal, and philosophical skills to excel in the Bitcoin era.
• BTC in D.C. event is set to take place on September 30 - October 1 in Washington, D.C. Learn more about this initiative here.

Use the tools

• Bitcoin Keeper just got a new look. Version 2.2.0 of the mobile multisig app brought a new branding design, along with a Keeper Private tier, testnet support, ability to import and export BIP-329 labels, and the option to use a Server Key with multiple users.
  • Earlier this month the project also announced Keeper Learn service, offering clear and guided Bitcoin learning sessions for both groups and individuals.
• Keeper Desktop v0.2.2, a companion desktop app for Bitcoin Keeper mobile app, received a renewed branding update, too.

The evolution of Bitcoin Keeper logo. Source: BitHyve blog.

• Blockstream Green Desktop v2.0.25 updates GDK to v0.75.1 and fixes amount parsing issues when switching from fiat denomination to Liquid asset.
• Lightning Loop v0.31.0-beta enhances the loop listswaps command by improving the ability to filter the response.
• Lightning-kmp v1.10.0, an implementation of the Lightning Network in Kotlin, is now available.
• LND v0.19.0-beta.rc3, the latest beta release candidate of LND is now ready for testing.
• ZEUS v0.11.0-alpha2 is now available for testing, too. It's nuts.
• JoinMarket Fidelity Bond Simulator helps potential JoinMarket makers evaluate their competitive position in the market based on fidelity bonds.
• UTXOscope is a text-only Bitcoin blockchain analysis tool that visualizes price dynamics using only on-chain data. The

@ 4d41a7cb:7d3633cc

Abstract. A purely digital version of a constitutional republic allows individuals worldwide to protect and exchange their private property without the need for state intervention or banks. Cryptography, proof of work, and difficulty adjustment provide part of the solution, but the main benefits come from the division of power and a worldwide network of nodes. Bitcoin solves the problem of trusting legislators and judges that can corrupt the law by letting anyone in the world be a judge and make sure the rules of the constitution are being followed. As long as there are honest nodes somewhere, the integrity of the network will be maintained; there’s no chance of buying or shutting down the judges. The requirements to be part of this republic are minimal: an internet connection, the capacity to keep a secret, and a device to make transactions. 

Republic vs democracy

Numerous books elucidate the history and evolution of money, enabling a broader understanding of this ancient technology than ever before, including why Bitcoin is the ideal money. Bitcoin is revolutionary because it provides a new way of protecting and exchanging private property without the need of governments or banks, and I will make the case for why it is also the perfect constitutional republic. 

A constitutional republic is a system of government in which the people hold sovereign power over the government and elect representatives who exercise that power. The sovereignty is held by the people, and the laws are written in the constitution to limit the actions of the elected officials running the government.

In contrast to a pure democracy, where a ‘collective’ community wields the sovereign power of the government to rule, and with a 51% agreement they can modify the constitution and slave the other 49%. 

Some people still have the view that the Bitcoin protocol is like a democracy and miners are some kind of voters and if they have 51% of the hashing power they can change the rules of the network. But if the blocksize wars (2015-2017) taught us something is that this is not the case. Bitcoin is like a republic that needs total consensus from the nodes to change its constitution. 

The only article I found making this case for Bitcoin was: The Republic of Bitcoin by Adam Ierymenko published on July 18, 2014. https://medium.com/@adamierymenko/the-republic-of-bitcoin-624f7639b2a5

Here’s my highlight from it: 

I would argue that Bitcoin is a de-facto and unofficial republic, not a pure democracy* and not completely decentralized. The largest miners, most active members of the various Bitcoin forums, and the maintainers of the main Bitcoin code tree constitute a set of representative governors that can wield tremendous power over the network. Yet this power is checked by Bitcoin’s overall user base. *

Why do democracies fail?

A democracy cannot exist as a permanent form of Government. It can exist only until the voters discover that they can vote themselves largess out of the public treasury. From that moment on the majority always votes for the candidate promising the most benefits from the public treasury with the results that Democracy always collapses over a loose fiscal policy, always to be followed by a Dictatorship. (Written by Professor Alexander Fraser Tytler, nearly two centuries ago while our thirteen original states were still colonies of Great Britain. At the time he was writing of the decline and fall of the Athenian Republic over two thousands years before).

Did I say “republic”? By God, yes, I said “republic”! Long live the glorious Republic of the United States of America. Damn democracy. It is a fraudulent term used, often by ignorant persons but no less often by intellectual fakers, to describe an infamous mixture of socialism, miscegenation, graft, confiscation of property and denial of personal rights to individuals whose virtuous principles make them offensive. (Westbrook Pegler: New York Journal American, January 25th and 26th, 1951, under the titles- Upholds Republic of U.S Against Phony Democracy, Democracy in the U.S. Branded Meaningless)

The fall of great Republics follows a pattern, and the root cause is the abandoning of the original rules upon which the republic was founded to adopt a democracy. Once democracy is adopted, it gradually adopts socialism, dictatorships, and communism until it collapses under its own weight. This cycle takes many generations.

Unfortunately, we have abandoned our Republican forms of government by gradually modifying our constitution and by adopting unconstitutional central banks and fiat currencies: a legal fiction of money, a.k.a fake money designed to lose value over time. 

It’s our responsibility to understand how our government’s have failed us, why and what we can do about it. This is an ancient problem but we have before our eyes a window of opportunity to be part of history, thanks to Bitcoin. Because **where our republics failed Bitcoin is winning! **

"The price good men pay for indifference to public affairs is to be ruled by evil men." said Plato in The Republic more than two and a half millennia ago and this is exactly where we are now. We can complain on the internet and point our fingers outside or we can take personal responsibility and do something about it. 

From a young age we we are taught to be proud of our democratic systems and the equality it brings, but even the most enlightened and genius men of the past warned us of how dangerous this system of government is: "Dictatorship naturally arises out of democracy*, and the most aggravated form of tyranny and oppression comes from that source." Plato, The Republic. “Democracy is when the indigent and not the men of property are the rulers” Aristotele . *

In the last century our constitutions were modified and our republican governments were replaced by mob rule democracies. This system was used to turn the government into tax farm corporations for and by their creditors: the international banks. This parasitic group extracts economic value without providing equal compensation for our labor the same way it did before the colonies won their independence. Our republics were returned to their colonial status thanks to democratic governments. While the system works for a few, it is failing for the majority. 

Before Bitcoin, we had to play within this system to improve our economic situation; a complete opt-out was not possible. The minimum interaction with the public infrastructure and banks comes with contractual liabilities, obligations, and hidden costs. These hidden costs range from artificial inflation to fees, colonial taxes, time delays, banking holidays, increasing bureaucracy, and the need to obtain permissions, approvals, and licenses. 

In republics like the United States of America (1788) and Argentina (1853), our constitutions were explicitly written to avoid all of these evils. With some differences in their foundational laws and distribution of central and regional authorities but with the same goals; escape the colonial tax farm and unfair rules, protecting the individual rights such as: freedom over commerce, private property and equality under the law. 

The American Revolution

The revolutionary war was fought to free the American colonies from the rule of the British monarchy, their oppressive and restrictive laws, colonial taxes and corrupt monetary system. The Constitutional Republic form of government was chosen to self govern the new Nation. 

Other’s colonies like Argentina, ruled by the Spanish monarchy in this case, followed this same path and chose the same form of government to reclaim the power to be self-governed and protect economic freedom, because they understood there’s no human rights if you cannot freely enjoy the fruits of your labour and protect individual property.

The American colonies declared their independence from the tyrannical British monarchy in 1776 because they were done with the abuses of power, the intervention in commerce, the taxation without representation, their unfair monetary system of the Bank Of England, and the deprivation of trial by jury. 

They wrote the document and declared their autonomy as independent states: 

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness. That to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed—that whenever any form of government becomes destructive of these ends, it is the right of the people to alter or to abolish it and to institute new government, laying its foundation on such principles and organizing its powers in such form as to them shall seem most likely to effect their safety and happiness. Declaration of Independence July 4, 1776

The founding fathers were brave and smart; they pledged their lives, fortunes, and sacred honor, believing that Providence wanted men to be free. Many of them lost their lives to give us the best form of government known by men: a constitutional republic. 

Autocracy declares the divine right of kings; its superiority cannot be questioned; its powers are arbitrarily or unjustly administered. Democracy is the “direct” rule of the people and has been repeatedly tried without success. Our constitutional fathers, familiar with the strength and weakness of both autocracy and democracy, with fixed principles definitely in mind, defined a representative republican form of government. They made a very marked distinction between a republic and a democracy and said repeatedly and emphatically they had funded a republic. 

Training manual War Department Washington D.C,1928.

Under this form of government the constitution is the supreme law of the land. This document established the principles upon which the nation is funded and provides a structure of government to ensure and protect these principles. It defines its roles and responsibilities in order to protect individual’s rights and justice, dividing the power into: executive, legislative and judiciary bodies to prevent the centralization and abuses of power. 

Under a constitutional Republic no men rule over other men, we are all equal under the law. The main goals of these constitutional republics is to ensure that no single person or group can hold absolute power over the rest of the population. Our ancestors inherit this form of government, but it takes vigilance and responsibility to maintain it. 

2. The problem: Democracy, central banks and fiat currencies

Unfortunately, all of these protections given by our constitutions were lost or heavily degraded, especially private property because of popular democracy, central banks and fiat currencies, all of them contrary to the original principles of our republican governments.

Our constitutional republics were replaced by mob rule democracies during the first third of the XX century, inverting the role of the government from being a ‘protector of rights’ to a ‘violator of rights’ pushing for socialist, communist, and tyrannical laws. The government transitioned from safeguarding individual liberties to imposing the "will of the majority" and **substituting rights with privileges and licenses. **

*Central banks and income taxes are parasitic communist devices specifically designed to extract wealth from the majority and to prevent economic freedom. *

What was needed was alternative rails to commerce freely adapted to the times we are living in: completely digital and protected with military-grade cryptography, to trade without the need to go through archaic and corrupt financial institutions or governments. Bitcoin is a system of government that prioritizes minimal governance. The system is secure as long as participants are using the original protocol or participating in the original constitution and not weak and insecure copies.

From being a government controlled by people that do not ask for permission to a government that controls the people who have to ask for permission. This was, of course, thanks to the many wars, panics, and artificial chaos generated by those willing to expand their already enormous power: international bankers. This group is actively working to push tyranny on a global scale through mass surveillance, digital IDs, and a cashless society. Democracies are facilitating this agenda. Plato said in The Republic that "Tyranny naturally arises out of democracy”. 

The strength of the Republic comes from its constitution, this document is worthless if legislators and citizens do not enforce and follow the original principles, letting new laws invalidate the original ones. 

In less than two generations since the Argentine Republic adopted the libertarian constitution of 1853 it became one of the wealthiest nations in the world surpassing many Western European countries like Italy, Spain and Portugal.

Juan Bautista Alberdi (1810-1884) was a lawyer, politician, economist and the intellectual author of the Argentine Constitution of 1853. The main goals of this constitution were: 

• Abolish slavery

• Protect private property rights

• Provide equality under the law (no licences or nobility titles) 

• Get rid of colonial taxes

• Free the markets from state intervention

“Simple taxpayers or colonists, for three centuries, we are to this day the work of this antecedent, which has more power than our written constitutions. After being machines of the Spanish taxman, we have become machines of the national taxman: that is the difference. After being colonists of Spain, we have become colonists of our national governments: always fiscal states, always servile revenue machines, which never arrive, because misery and backwardness can never yield anything” (...)

But in economics, more than in any other field, it is nothing to enshrine the principle; what matters most, what is most difficult, is to put it into practice. A regime is not annihilated by a decree, even if it is constitutional, but by the slow action of a new one, whose creation costs the same time it took to form the bad one, and many times more, because to destroy and forget is another previous work.

The modern regime is in our hearts, but the colonial one is in our habits, which are usually more powerful than the abstract desire for the best.

That is precisely why the Argentine Constitution has made its economic system the faction that distinguishes it and places it above all the republican constitutions of South America.

Indeed, all the economic liberties of the Constitution may be annulled and reduced to gilded disappointments, by merely leaving standing a large part of our old economic laws, and enacting new ones which, instead of being in conformity with the new principles, are in conformity with our old rent-seeking and fiscal habits, ordinarily stronger than our principles.

Outside the Constitution there does not exist, nor can there be, nor should there be, any law that in any way is not regulatory of the private and public principles, rights and guarantees that the Constitution establishes as the fundamental basis of all law in the Republic. 

There is, therefore, a stumbling block to which the beautiful system of the Argentine Constitution may succumb, if it is not taken into account by the legislator who must regulate the execution of the new system in its relations with the production of national wealth.

Up to this point, the worst enemy of the country's wealth has been the wealth of the tax collector. We owe to the old colonial regime the legacy of this fundamental error of its Spanish economy. ***We are countries of fiscal complexion, peoples organized to produce real incomes. ***

I repeat that I speak of economic liberty; and as much as of my country of all South America on this point, - It matters, above all, to keep always in view the danger of annulling each and every economic liberty in the Constitution by laws regulating its exercise.

In republics like the United States of America and Argentina, the constitutional systems were designed to promote fairness, accountability, and the protection of individual rights by dividing power among multiple branches of government (legislative, executive, and judicial) and levels of governance (federal, state, and municipal). 

This division of powers establishes a balance between centralization and decentralization to ensure that no single entity can hold absolute power over the rest of the population.

Benjamin Franklin told us, "We have given you a republic—if you can keep it." History is proof that we haven’t kept it; in fact, we have replaced it with democracy, the worst form of government. Such blame primarily falls on the shoulders of the "elected officials," who are typically lawyers acting as legislators and judges. However, 'We The People' also bear responsibility for our lack of vigilance. “The price of freedom is eternal vigilance” said Thomas Jefferson, the principal  author of the Declaration of Independence  and the third president of the United States of America from 1801 to 1809.

“If you do not take interest in the affairs of your government, then you are doomed to live under the rule of fools,” said Socrates more than two thousands years ago.  And "The price good men pay for indifference to public affairs is to be ruled by evil men." said Plato in The Republic.  

**The time lawyers start manipulating the laws, ignoring the constitutional principles, the spirit of the constitution is abandoned, and all the evils reappear: infiltration, inflation, and corruption. **

Unfortunately, we have abandoned our republican forms of government by gradually modifying our constitution and by adopting parasitic central banks. Money was replaced by worthless currency, and common law was replaced by codified law, increasing bureaucracy, state intervention, costs, and the opposite of justice. 

In the U.S., these events happened between 1913, when the Federal Reserve was created, and 1933, when the gold standard, common law, and the republican form of government were totally abandoned. 

By 1913 Argentina was the 4th wealthiest nation on earth, and it owed its success to its libertarian constitution that guaranteed economic freedom. Unfortunately Argentina stopped using gold in 1929, the central bank was installed in 1935, and the constitution was heavily modified in 1949, introducing universal suffrage and adopting socialism. This was the beginning of the end of the “Argentine Republic”. 

We have freedom written down in our constitutions but we are again living under a colonial system in economic terms because of **central banks, fiat currencies and taxes. **

Routine and hereditary ignorance in economic matters are the cause of this transmigration of the colonial system into the republican system. Inherited customs, beliefs and concerns are more powerful than written laws and accepted opinions. Juan Bautista Alberdi.

The sixth president of the United States, John Quincy Adams (1825-1829), warned: "The central bank is an institution of the most deadly hostility existing against the principles and form of our Constitution." And also “There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt."

**3. The reaction: debt slavery **

Since our liberators won their freedoms with the sword, we lost them by contracting fraudulent debt publicly and privately. The tool used to enslave our nations: central banks and fiat currencies.

This institution have the monopoly over the national fiat currency that they print to buy government debt. This system was possible thanks to codified law and the widespread ignorance of the public on monetary and banking issues. The problem with traditional currencies is that they are subject to inflation, regulations and we have to trust those in control of them. Since fiat currencies are a creation of the state they are subject to their authority and arbitrary changes. It’s a contract and when we use them we fall under the government’s jurisdiction: this comes with ‘privileges’ and tax liabilities.

Private companies that manage these currencies and process payments such as banks can arbitrarily freeze, confiscate and steal our money at every moment without any real evidence of a crime. They can do this to bail out banks who give risky loans that cannot be repaid. This creates a cycle of currency debasement, increasing cost of living, economic stagnation, demoralization of the markets, market distortions and many other evils. This has us in a loop of: more inflation, more taxes, less savings, more crisis. And there’s no remedy ‘inside’ the system. 

This currency that central banks print is not based on substance (gold, silver, or other commodities) but on faith over the government credit. A faith that is crumbling. This currency is not real money; in fact, it is the opposite: debt.

Every unit of currency represents a government debt obligation, which must be repaid to the central bank that holds the corresponding asset: government bonds. If the government has the ability to create bonds, it could also create currency without the need to borrow from the central bank. But the reality is that international bankers control the government, and they want the government to be in debt. 

Those with control of the currency printer can buy any legislator, any university, any business, or any influential media channel to manipulate the mechanism of democracy and to use the government as a mask to advance their agenda of expanding their monopolistic and parasitic power. They can get legal immunity, modify the laws to their advantage, and control the education and the information we get.

We are led to believe the system is “broken” and it needs to be fixed, when the reality is that this monetary system that took over our governments is designed to enslave us and our future generations with hopeless debts. This parasitic system sucks the wealth of nations with inflation, deflation, and taxation while they don't give us equal value. The mechanism is literally engineered to transfer wealth from the citizens to the banks: THIS IS BY DESIGN.

Thomas Jefferson also warned us when he said, "I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."

By inflating the currency and credit supply, they create an artificial boom in the economy, incentivizing the public to collateralize real wealth and borrow worthless bank promissory notes that these institutions can create out of thin air because of "licenses’ and legal privileges. When the banks consider it time to turn the wheel, they raise interest rates and start deflating the currency and credit supply, triggering liquidations of collateral, business bankruptcies, and economic depression. We are told this process is a natural phenomenon from the “economic cycle,” but the truth is that this process is artificially designed to transfer the wealth from the citizens and businesses to the banks and their corporations.

We have become enslaved to the banks, who control our economic success or downfall due to our adoption of their worthless promissory notes as the primary means of exchange for commerce. They introduced this fake money in our legislation as ‘legal tender’ for all debts, public and private. This currency is not money; it is fake money based on a debt designed to enslave us. 

In order to have more currency, we have to pledge real wealth as collateral, risking losing it in a game of chance where the bank controls the odds. This is the real reason why the Great Depression of 1929-1933 happened; this is how the banks stole all the gold and infiltrated every big business board of directors by turning themselves into majority stockholders using a network of private trusts and corporations. 

Nations of the world and citizens are being enslaved by the international bankers and their debt-based currencies, lending air and stealing the resources of the nations. **This creates artificial scarcity, misery, and economic stagnation. **

This system creates two types of citizens: those who have to exchange time, energy, and work to obtain currency and are heavily taxed on the process and those who can print it out of thin air or loan against their assets tax-free. This is the root of inequality under the law and the equivalent of reestablishing nobility titles in the form of “banking licenses.”

These contracted debts are mathematically impossible to repay since there’s more debt than currency due to the interest that compound every year. This creates the need to pay the old debts with new emission of debts creating more inflation of the currency while devaluing its purchasing power and increasing the cost of living. 

Government deficits only grow while the public services decline and its cost to the public increase in the form of higher taxes and inflation. As the situation gets worse, direct confiscation of wealth happens.. Authority abuses, surveillance and  violation of rights from governments are common things, especially during the big debt crisis. 

This system created a big debt spiral. When the government “prints currency” it is getting itself deeper in debt issuing bonds that generate interest that grows the size of the debt every year. This death spiral debases the currency faster and faster accelerating all the evils from the economic crisis that cannot be fixed. 

This monetary system is what killed our constitutional republics and the root of most of the evils our modern society faces. But not everything is lost; we have reason to be positive, we have hope! We have Bitcoin!

**4. The solution: going back to our roots **

On February 8, 1996, John Perry Barlow published The Declaration of Independence in Cyberspace in response to the increasing government control and surveillance over the internet, which raised concerns about privacy, free speech, and other human rights. He called cyberspace the “new home of the mind,” where the sovereignty of the governments has no jurisdiction. 

Now more than ever, mental privacy and freedom of thought are key elements for self-determination.

I declare the global social space we are building to be naturally independent of the tyrannies you seek to impose on us. You have no moral right to rule us, nor do you possess any methods of enforcement we have true reason to fear. (...) Governments derive their just powers from the consent of the governed. *You have neither solicited nor received ours. We did not invite you. (...) *

The declaration continues saying that many of the problems that governments affirm they need to solve are nonexistent, and if there are problems to solve, the people will fix them by their own means without the government. It says that they were creating a world where everyone is equal in terms of having the same possibility to express their minds and beliefs without the fear of being coerced into silence or conformity. Adding that the only law that all our constituent cultures would generally recognize is the Golden Rule. Inviting freedom lovers and self-determination supporters to bring back the dreams of Jefferson, Washington, Mill, Madison, De Tocqueville, and Brandeis. 

*We must declare our virtual selves immune to your sovereignty, even as we continue to consent to your rule over our bodies. We will spread ourselves across the planet so that no one can arrest our thoughts. *

We will create a civilization of the mind in cyberspace. May it be more humane and fair than the world your governments have made before.

Satoshi Nakamoto published his white paper on the cyberpunk mailing list on October 31, 2008, twelve years after the publication of this new declaration of independence. He did so during the great financial crisis created by the banks as a revolutionary yet silent act. This list was a place where computer scientists, hackers, and developers from all around the world shared ideas, debated technical issues, and pushed for digital security and anonymity.

The idea was solid but still needed some collaboration and help to make it a reality: the mailing list was the key. As prophesied in the new declaration, a new idea started flowing freely on the internet with the intention of fixing a problem (created by banks) by people’s means without asking for ‘authorities’ permission. A group of individuals started voluntarily working on this new idea because they knew the importance of it and the impact of its promise. 

**During these seventeen years, this idea has transformed into a more viable alternative system for those who uphold the principles of human freedom, self-determination, and self-government. **

Bitcoin was designed for individuals who have opted to assume personal responsibility, rather than relying on external powers to enhance their lives. This is a choice for individuals who are courageous, inquisitive, and truth-seekers, fed up with the constant bombardment of falsehoods and manipulation. This is a choice for individuals who have reached the point of no longer accepting lies and manipulation.

We have to recognize the libertarian and Austrian economic spirit of Bitcoin because this was THE SAME SPIRIT UPON WHICH OUR CONSTITUTIONS WERE WRITTEN CENTURIES AGO. I refer mainly to the constitutions of the United States of America (1788) and the Argentine Republic (1853). These are our roots, and we should never forget them if we want to be free and protect our individual freedoms. 

First of all, libertarians defend individual freedoms and small governments with limited intervention in people’s lives. The golden rule of “Do unto others as you would have them do unto you,” or, reversed, “Do not do unto others what you would not want done to yourself,” is **the moral code of the libertarians, as it was the moral code of the Lord Jesus Christ. **

The libertarian philosophy embraces autonomy, entrepreneurship, and voluntary cooperation while it opposes coercion, authoritarianism, and bureaucracy. It encourages a society where individuals are responsible for their actions and decisions while fostering cooperation and mutual respect among them. 

The Austrian school of economics shares the same values, opposing central planning, government intervention in the economy, socialism, and communism and advocating for free market systems based on voluntary exchanges and private property. 

It also points to the central bank's fiat currency manipulation as the root cause of great financial crises such as the 2008 one, when Satoshi published his white-paper as a way of saying: WE NEED AN ALTERNATIVE TO THIS MADNESS, AND WE NEED TO DO IT BY OUR OWN MEANS BECAUSE THE GOVERNMENT WAS PART OF THE PROBLEM, NOT PART OF THE SOLUTION. HE LEFT THIS CLEAR IN THE GENESIS BLOCK.

“The Federal Reserve is an organized cartel of bankers, who are creating inflation, ripping off the public, destroying the savings of the average American”

Murray Rothbard (1926-1995), founder and leading theoretician of anarcho-capitalism. 

The Austrian school of economics points to central banks and their fiat currencies as the responsible parties for every type of distortion in the markets leading to recessions and financial crises, opposing both of them and advocating for hard money that governments cannot manipulate, especially gold. 

Following the golden rule and the Austrian teachings, Satoshi gave humanity the ideal monetary system ever engineered and with the cyberpunks they made it real. 

And Bitcoin is not just money, but also a new form of protecting private property, monetizing energy, distributing governance, connecting individuals worldwide and expanding commerce rails. 

Bitcoin is a social network, a perfect republic, by bitcoiners and for bitcoiners. Bitcoin is so far the best REAL option we have to opt out of this rigged game and reclaim our sovereignty and self-respect. Bitcoin is the remedy that cannot be found under the law, and if we did, we have no guarantees it will not be taken away. 

The adoption of Bitcoin is voluntary; no one is going to force it upon you with ‘legal tender’ laws or arbitrary regulations. Bitcoin is de facto lawful money that does not require permission or licenses, following the spirit of our original constitutions. 

It provides a new way of doing commerce, with a global network of individuals organized around a consensus of rules. Today, commerce operates on a global scale, unencumbered by state intervention, and the boundaries exist only in our imaginations due to the limitless possibilities. Free enterprise is again possible even under the cashless society that banks are actively pushing on us. 

Bitcoin is not just honest and hard money; Bitcoin is a set of rules without rulers. Bitcoin is money backed by math and energy that cannot be manipulated. Our property rights are protected by code, computing power, and energy. 

Bitcoin is the perfect republic. The division of power of the Bitcoin network replicates those of the Republic, guaranteeing a balance between centralization and decentralization that is capable of providing equality under the code. 

Bitcoin is the re-evolution of money, governance, and banking, and it has the potential to replace them all at once or at least force them to adapt and improve their services if they don't want to become obsolete in the next decades.

5. The perfect Republic

The organized power of a Republic is divided in Legislative, executive and judicial systems, in the case of Bitcoin is the protocol, the miners and the nodes. Bitcoin is not only money, but the perfect Republic: a distributed power with no kings, no central banks and no ballot boxes full of lies. It is a network where power is divided, distributed, audited and encrypted.

No bank and no government control Bitcoin. Just math, incentives, cryptography and a worldwide web of individuals who want bitcoin to succeed. 

The code is the legislative power

The rules of the protocol are its constitutions:  21 million, halving every 210,000 blocks, difficulty adjustment, blocksize. Instead of being a set of traditional laws it’s a set of modern computer codes. Similar to the written constitutions the Bitcoin protocol established a set of rules that ensure the integrity, fairness and stability of the network. 

These rules are written and are visible and audible. You need a total consensus in order to change them, something that is very difficult, almost impossible. There’s no such thing as emergency powers or govern by a majority, decree or executive orders. 

The best government is the one who governs the less, and the bitcoin monetary policy can be reduced to this simple geometric regression:

The Bitcoin fixed supply and predictable monetary policy are key rules of the protocol. They incentivice savings and eliminate inflation forever. It also eliminates currency supply manipulation forever, giving clarity to the individuals and facilitating economic planification based on strong principles: certainty and predictability.

This not only preserves and grows the value of the bitcoins but it also serves as a check on the power of governments and central banks that manipulate the money supply for their benefit. 

Miners are the executive power

They execute transactions, validate blocks and maintain the network flowing. But they cannot manipulate the code, they execute, they do not govern. The process of mining employs cryptography to secure transactions and prevent fraud, ensuring the system remains trustworthy and reliable for its users.

Miners have skin in the game, they invest in hardware and energy to mine the bitcoins, so they have an incentive to act honestly to get the rewards, cheating is against their interest and if they do their blocks get rejected by the network of nodes and they waste valuable energy.

In fact miners are incentivized to find the cheapest source of energy, usually wasted energy to mine bitcoin. In this process they not only maintain the network alive and secure with the transactions flowing but also monetize energy: they turn energy into bitcoin! 

The nodes are the judicial power

They are the guardians of the protocol, they make sure the rules are being followed and if someone is trying to cheat they can invalidate the transaction. 

Nodes have a complete copy of the bitcoin transactions history (blockchain) as a publicly-accessible record of all transactions that have ever taken place within the system. Nodes verify that every new transaction is following the rules of the protocol. This feature ensures that the record cannot be altered or hidden, promoting transparency and accountability in its operations. 

They act like the supreme court, they don't produce laws, they don't process transactions, but they can say “this is not valid”. **This is the equivalent of having thousands of judges all around the world that nobody can buy or shut down. **

Like citizens can vote in a constitutional republic, users of the Bitcoin network can do it by running nodes. Changes in the protocol require total agreement among nodes to ensure that no single entity or group can modify the rules. This maintains the integrity of the network. This system of governance ensures that decisions are made transparently and with input from all nodes runners. 

**Users: Citizens of the Bitcoin Republic a.k.a bitcoiners **

With no central authority or supreme power all bitcoiners are equal under the code. Bitcoin is a global system, it works 24/7, totally accessible for everyone, it cannot be manipulated by bankers or by governments and everyone is free to build a business around Bitcoin. 

There’s no need for IDs, licenses or approvals, the network is open to everyone and functions in a permission-less way. Bitcoin is a parallel system and does not depend on the state or banks infrastructures, in fact it serves to ***protect private property and make payments in a more secure, easiest and cheaper way. ***

Bitcoiners can earn, save and spend bitcoin, they are the human part of the network, some of them are behind the nodes and the miners, others contribute to the improvements of the network and some are just ‘regular’ users. 

Even do they are not ‘regular’ in any sense, in fact they are sovereign individuals who can control their own wealth in the form of private keys, they do not depend from the state, they can operate with freedom, they don't have to ask for permission in order to convert their value and protect it against the parasites.

**This is real freedom and bitcoiners are the citizens of a worldwide perfect republic funded on cyberspace but not limited to the metaverse. ** The system has been operating without interruption for more than a decade. An idea that in less than two decades became a worldwide giant network with trillions in value. If this is not winning I don't know what it is. 

So Bitcoin is working as a libertarian Republic, based on voluntarism, nobody is forced to join the network but if they want they can, enjoying the benefits of: equality under the code (law), accountability, and the protection of individual rights by limiting the power of central authorities and ensuring that the decision-making processes are transparent and accessible to all participants requiring a total consensus to be implemented.

One of the biggest differences with traditional Republics is that you don't have to be lucky to born in its territory, in fact you can live in a communist country and still be part of a global libertarian digital and perfect Republic; where your property rights are respected, where you can save and protect the fruits of your labour in a ultra-secure way with military level cryptography, where you can provide your services or sell your goods to the world; monetizing your work directly without state intervention or unnecessary intermediaries. 

Earning freely and keeping the totality of what you earn is proof that the torch of freedom is still on,  even with a system that continuously conspires to turn it off. 

**5. This time is different **

As republics usually do, Bitcoin had its own civil war. This kind of war is generally between those who want to centralize control and power and those who want to distribute control and power. In the case of the Bitcoin civil war this was no different. 

The Block-size war lasted from August 2015 to November 2017 and it was the biggest challenge and the most turbulent moments that bitcoin has faced so far. 

The fight was around the following: Bitcoin doesn't scale, we have to do something.

From February 2015 to 2018 the intellectual debate around the Lightning Network developed. But it wasn't until 2019 that started to get traction among users and proved to be a good form of scaling Bitcoin without sacrificing decentralization if you are running a node. 

I personally believe that 2020 was a turning point. There was an explosion of companies working on the lighting network and they have been building nonstop since then improving many aspects and lowering the barriers for new users. 

From that year Bitcoin had enough time proof and had survived enough difficulties to get the credibility and trust needed to scale to the next level. 

6. Conclusión

Bitcoin has no competition and everything else is a distraction. There’s no second best, there’s no such thing as a “crypto currency / blockchain revolution” there is only a Bitcoin re-evolution. **The United States government is bankrupt, on the verge of economic disaster, we are witnessing the death of the dollar and nobody is going to save us but ourselves. **

The solution is here, its adoption is optional, the incentive creates an honest consensus that is almost impossible to destroy thanks to the decentralized network of nodes. The block-size war demonstrated this fact, it was literally the civil war for Bitcoin and proof that where our constitutional republics failed, Bitcoin is succeeding. BUT WE NEED TO STAY VIGILANT. VICTORY IS NOT GUARANTEED.

Nation-States, corporations and individuals can interact in some way with this worldwide distributed perfect republic to enjoy the benefits it provides, but the individual is the one who can gain the most out of it. 

Bitcoin is a sovereignty-increasing tool that liberates the individual from the tyrannical forms of government and many of the corporate products that extract its wealth in a parasitic way. **Bitcoin makes legislators, accountants and financial advisors obsolete. But it requires the individual to embody self-determination and responsibility. **

Let’s not repeat the mistakes of the past, we have to embody the spirit of our constitution and put these freedoms into practice, because information and freedom are worthless if they are not applied in the real world. Let’s keep building on the wisdom we inherit from our founding fathers and let’s not forget where we came from. 

**Final quotes **

"A well-instructed people alone can be permanently a free people." - James Madison

"A primary object should be the education of our youth in the science of government. In a republic, what species of knowledge can be equally important? And what duty is more pressing than communicating it to those who are to be the future guardians of the liberties of the country?" - George Washington. 

A primary object should be the education of our youth in the science of Bitcoin. In the information age, what species of knowledge can be equally important? And what duty is more pressing than communicating it to those who are to be future developers guardians of the protocol? -Micael

"The education of a nation instead of being confined to the studies of youth during school-time, should be extended to all its stages of life, to all its pursuits, to all its duties; and the principles of knowledge should be in constant application." - Thomas Jefferson

"The Republic owes its existence to the wisdom, the courage and the devotion of its citizens." - Calvin Coolidge.

“Bitcoin owes its existence the the wisdom, the courage and the devotion of its developers, enthusiasts and supporters” Micael

"A strong constitution is the foundation of a stable and prosperous nation." Juan Bautista Alberdi (JBA)

“A strong protocol is the foundation of a stable and prosperous Bitcoin network”

"A nation's success depends on its ability to adapt to changing circumstances and embrace new ideas." JBA

"The most effective way to prevent corruption is to create a transparent and accountable government system." JBA 

"A nation's progress is measured by its ability to invest in infrastructure, education, and technology." JBA

"The most effective way to promote economic growth is to create an environment that encourages entrepreneurship, innovation, and investment." JBA 

"Education is the most powerful weapon which you can use to change the world."  JBA

A nation's prosperity depends on its ability to attract and retain talented individuals." JBA

BITCOIN IS ALBERDI'S IDEAS IMMORTALIZED IN CODE.

IF OUR FOUNDING FATHERS WERE ALIVE, THEY WOULD UNDOUBTEDLY BE BITCOINERS.

THANK YOU SATOSHI! THANK YOU BITCOINERS!

@ dfa02707:41ca50e3

Headlines

• Twenty One Capital is set to launch with over 42,000 BTC in its treasury. This new Bitcoin-native firm, backed by Tether and SoftBank, is planned to go public via a SPAC merger with Cantor Equity Partners and will be led by Jack Mallers, co-founder and CEO of Strike. According to a report by the Financial Times, the company aims to replicate the model of Michael Saylor with his company, MicroStrategy.
• Florida's SB 868 proposes a backdoor into encrypted platforms. The bill and its House companion have both passed through their respective committees and are headed to a full vote. If enacted, SB 868 would require social media companies to decrypt teens' private messages, ban disappearing messages, allow unrestricted parental access to private messages, and likely eliminate encryption for all minors altogether.
• Paul Atkins has officially assumed the role of the 34th Chairman of the US Securities and Exchange Commission (SEC). This is a return to the agency for Atkins, who previously served as an SEC Commissioner from 2002 to 2008 under the George W. Bush administration. He has committed to advancing the SEC’s mission of fostering capital formation, safeguarding investors, and ensuring fair and efficient markets.
• Solosatoshi.com has sold over 10,000 open-source miners, adding more than 10 PH of hashpower to the Bitcoin network.

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

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

Source: orangesurf

• Arch Labs has secured $13 million to develop "ArchVM" and integrate smart-contract functionality with Bitcoin. The funding round, valuing the company at $200 million, was led by Pantera Capital, as announced on Tuesday.
• Tesla still holds nearly $1 billion in bitcoin. According to the automaker's latest earnings report, the firm reported digital asset holdings worth $951 million as of March 31.
• The European Central Bank is pushing for amendments to the European Union's Markets in Crypto Assets legislation (MiCA), just months after its implementation. According to Politico's report on Tuesday, the ECB is concerned that U.S. support for cryptocurrency, particularly stablecoins, could cause economic harm to the 27-nation bloc.
• TABConf 2025 is scheduled to take place from October 13-16, 2025. This prominent technical Bitcoin conference is dedicated to community building, education, and developer support, and it is set to return in October. Get your tickets here.
• Kaduna Lightning Development Bootcamp. From May 14th to 17th, the Bitcoin Lightning Developer Bootcamp will take place in Kaduna, Nigeria. Thisevent offers four dynamic days of coding, learning, and networking. Organized by Africa Free Routing and supported by Btrust, Tether, and African Bitcoiners, this bootcamp is designed as a gateway for African developers eager to advance their skills in Bitcoin and Lightning development. Apply here.

Source: African Bitcoiners.

Use the tools

• Core Lightning (CLN) v25.02.2 as been released to fix a broken Docker image. The issue was caused by an SQLite version that did not support an advanced query.
• Blitz wallet v0.4.4-beta introduces several updates and improvements, including the prevention of duplicate ecash payments, fixes for background ecash invoice handling, the ability for users to send payments to BOLT12 invoices from their Liquid balance, support for Blink QR codes, a lowered minimum amount for Lightning-to-Liquid payments to 100 sats, the option to initiate a node sync via a swipe gesture on the wallet's home screen, and the introduction of opt-in or opt-out functionality for newly implemented crash analytics via settings.
• Utreexo v0.5.0, a hash-based dynamic accumulator, is now available.
• Specter v2.1.1 is now available on StartOS. "This update brings compatibility with Bitcoin Core v28 and incorporates several upstream improvements," said developer Alex71btc.
• ESP-Miner (AxeOS) v2.7.0b1 is now available for testing.
• NodeGuard v0.16.1, a treasury management solution for Lightning nodes, has been released.
• The latest stacker.news updates include prompts to add a receiving wallet when posting or making comments (for new users), an option to randomize poll choices, improved URL search, and a few other enhancements. A bug fix for territories created after 9/19/24 has been implemented to reward 70% of their revenue to owners instead of 50%.

Other stuff

• The April edition of the 256 Foundation's newsletter is now available. It includes the latest mining news, Bitcoin network health updates, project developments, and a tutorial on how to update FutureBit's Apollo 1 to the Apollo 2 software.
• Siggy47 has posted a comprehensive RoboSats guide on stacker.news.
• Learn how to run your own Nostr relay using Citrine and Cloudflare Tunnels by following this step-by-step guide by Dhalism.
• Max Guise has written a Bitkey roadmap update for April 2025.

• PlebLab has uploaded a video on how to build a Rust wallet with LDK Node by Ben Carman.

• Do you want more? Subscribe and get No Bullshit GM report straight to your mailbox and No Bullshit Bitcoin on Nostr.

• Feedback or tips? Drop it here.
• #FREESAMOURAI

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@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

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

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

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

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

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

What's new in v2.2.1

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

Announcement / Archive
GitHub Repo

@ ca76c778:e784c54b

A few days ago I remembered video by Antonio Stappaerts(Artwod) on Youtube. And I thought to myself I want to be really good at drawing hands.\ In the video he explains something that, in my opinion, applies when learning just about anything.

If you've heard of the Dunning-Kruger effect then you know the first part.\ If you haven't, one begins learning something and on top of the first peak thinks oneself to be almost a master. And then one learns a little bit more and realizes how little skill one actually has.

\ Now, what is really interesting is this. He points out that the second slope is made up of many smaller Dunning-Kruger effects. For example the effect will apply when learning: the basic shape of the figure, how to pose the figure, how draw the hands, the hair etc.

So the way to climb the second hill is to understand and practice these smaller skills. And not just once or twice. You want to reach close to the second peak of each of the smaller skills.

And with that in mind I search for a good tutorial about drawing hands and got down to it(for the third time).

Step one was to learn pose and gesture using a grid shape.

https://cdn.satellite.earth/f55a9d1ef2fd687a9dce5ceee5e05a1b666c436509e264ddbac4d260b99e882a.jpg

https://cdn.satellite.earth/1b5524635c20ee4869f4860c982deea469cb87be7ad7b404e1777497b5a4fbd4.jpg

https://cdn.satellite.earth/35652251243ffd8c495b855c319d27da0c193ff2e951591f0a9f1b35aad39b29.jpg

https://cdn.satellite.earth/68f55979d102b4ebe55177842c6d9ab2ab30b95f926441429d977b47fae925c3.jpg

Step two. Practice the basic forms for the palm and fingers.\ I got carried away and drew some hands.

https://cdn.satellite.earth/48b400f72e35d078368149f00182cb58e606ddd16f6db4e7789c1431c28d44a0.jpg

Step three. learn the measurements.

https://cdn.satellite.earth/75c9b82da90ef50d17f698dd7b1eadc223b74a019a702a4617ed7d321646a87c.jpg

Step four. Understand the fingers.

https://cdn.satellite.earth/e33f9f3f9217bf5e3e206e96dfe764eba09b9fb3c10b450bb9c8a4075e3c1ec8.jpg

Step five. Learn about the thumb and put it all together. Drawing from reference and imagination.

https://cdn.satellite.earth/b2dd9c1cc1045dde021272199818b0db331e71a603c5900122aa850eb2d4148a.jpg

https://cdn.satellite.earth/8f5647ae9e148ad6217c106b5b69cf231384475e0a0eedf210bd149f75ade0b7.jpg

@ 7f6db517:a4931eda

What is KYC/AML?

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

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

Lists of Bitcoiners

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

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

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

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

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

---

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

This update brings key enhancements for clarity and usability:

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

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

Learn how to get started with Sparrow wallet:

Release notes (v2.2.0)

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

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

What's new in v2.2.1

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

Announcement / Archive
GitHub Repo

@ 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.

@ e2c72a5a:bfacb2ee

Forget Lambos, Bitcoin's going corporate.

Sixty one publicly listed companies now hold over 3% of Bitcoin's total supply, doubling their holdings in just two months. That's faster than even Michael Saylor's MicroStrategy. K Wave Media, a South Korean firm, is raising $500M for a Bitcoin treasury, aiming to be the "Metaplanet of Korea." Even Pakistan is discussing Bitcoin reserve plans with Trump's crypto team.

Is your portfolio ready for the corporate Bitcoin takeover?

@ 9ca447d2:fbf5a36d

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

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

Bitcoin Week 2025 calendar

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

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

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

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

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

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

Join us this November. Be part of the movement.

@ 7f6db517:a4931eda

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

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

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

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

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

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

---

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

@ dfa02707:41ca50e3

Contribute to keep No Bullshit Bitcoin news going.

News

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

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

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

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

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

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

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

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

@ 5c26ee8b:a4d229aa

Since late December, 2024, an evil magic attack targeted me and my family as well as many people occupying governmental positions. The attack was involving the Antichrist that was on an unreachable island found by me telepathically. Sadly the information about the Antichrist reached some Russian Oligarchs Among which many Jews. And somehow he was contacted by them as well as many other Antichrist Allies among which Royal families and he led the magic attack even though magic mixed with AI and computer technologies. The attack consisted in whispering of the devils, of mankind (Antichrist allies) and jinns. Physical harm was attempted too although so weak for any significant effect for me at least. I hesitated on killing the Antichrist because his appearance is a sign of Judgement Day, however, because of acknowledging that the attack would be too intense for ordinary people that don’t know how to know the difference between inner voice or whispering of the devils I have decided to kill him by requesting that he is burned in the core of the earth and by turning any remains into dust spread in space. He didn’t have only a physical presence though he had an incorporated devil. So it took a while to kill the devil that was isolated in iron coffin first so it assumed a smaller figure while trying to escape and finally God guided me to request that the devil is hit with fireballs over and over again. It was confirmed to me that the devil of the Antichrist was completely burned out. And that the next sign would be the creature coming out of the earth, Ad-Daba as well as the smoke covering all the earth, with which there is a great punishment, and that I would be able to fly too (good for me). I hesitated on spreading the news about the Antichrist to avoid fitnah (confusion and trial). Also because he was never freed out of the island before getting burned out. I am mentioning this because it’s important to know that when God’s punishment comes and when the great signs of Judgement Day (among which what’s mentioned above) would appear the returning to God in belief or in repentance won’t be accepted; so my advise is to do it now.

27:82 An-Naml

‎۞ وَإِذَا وَقَعَ الْقَوْلُ عَلَيْهِمْ أَخْرَجْنَا لَهُمْ دَابَّةً مِنَ الْأَرْضِ تُكَلِّمُهُمْ أَنَّ النَّاسَ كَانُوا بِآيَاتِنَا لَا يُوقِنُونَ

And when the word befalls them, We will bring forth for them a creature from the earth speaking to them, [saying] that the people were, of Our verses, not certain [in faith].

1. Ad-Dukhaan

حم

Ha, Meem.

وَالْكِتَابِ الْمُبِينِ

By the clear Book,

إِنَّا أَنْزَلْنَاهُ فِي لَيْلَةٍ مُبَارَكَةٍ ۚ إِنَّا كُنَّا مُنْذِرِينَ

Indeed, We sent it down during a blessed night. Indeed, We were to warn [mankind].

فِيهَا يُفْرَقُ كُلُّ أَمْرٍ حَكِيمٍ

On that night is made distinct every precise matter -

أَمْرًا مِنْ عِنْدِنَا ۚ إِنَّا كُنَّا مُرْسِلِينَ

[Every] matter [proceeding] from Us. Indeed, We were to send [a messenger]

رَحْمَةً مِنْ رَبِّكَ ۚ إِنَّهُ هُوَ السَّمِيعُ الْعَلِيمُ

As mercy from your Lord. Indeed, He is the Hearing, the Knowing.

رَبِّ السَّمَاوَاتِ وَالْأَرْضِ وَمَا بَيْنَهُمَا ۖ إِنْ كُنْتُمْ مُوقِنِينَ

Lord of the heavens and the earth and that between them, if you would be certain.

لَا إِلَٰهَ إِلَّا هُوَ يُحْيِي وَيُمِيتُ ۖ رَبُّكُمْ وَرَبُّ آبَائِكُمُ الْأَوَّلِينَ

There is no deity except Him; He gives life and causes death. [He is] your Lord and the Lord of your first forefathers.

بَلْ هُمْ فِي شَكٍّ يَلْعَبُونَ

But they are in doubt, amusing themselves.

فَارْتَقِبْ يَوْمَ تَأْتِي السَّمَاءُ بِدُخَانٍ مُبِينٍ

Then watch for the Day when the sky will bring a visible smoke.

يَغْشَى النَّاسَ ۖ هَٰذَا عَذَابٌ أَلِيمٌ

Covering the people; this is a painful torment.

رَبَّنَا اكْشِفْ عَنَّا الْعَذَابَ إِنَّا مُؤْمِنُونَ

[They will say], "Our Lord, remove from us the torment; indeed, we are believers."

أَنَّىٰ لَهُمُ الذِّكْرَىٰ وَقَدْ جَاءَهُمْ رَسُولٌ مُبِينٌ

How will there be for them a reminder [at that time]? And there had come to them a clear Messenger.

ثُمَّ تَوَلَّوْا عَنْهُ وَقَالُوا مُعَلَّمٌ مَجْنُونٌ

Then they turned away from him and said, "[He was] taught [and is] a madman."

إِنَّا كَاشِفُو الْعَذَابِ قَلِيلًا ۚ إِنَّكُمْ عَائِدُونَ

Indeed, We will remove the torment for a little. Indeed, you [disbelievers] will return [to disbelief].

يَوْمَ نَبْطِشُ الْبَطْشَةَ الْكُبْرَىٰ إِنَّا مُنْتَقِمُونَ

The Day We will strike with the greatest assault, indeed, We will take retribution.

6:158 Al-An'aam

‎هَلْ يَنْظُرُونَ إِلَّا أَنْ تَأْتِيَهُمُ الْمَلَائِكَةُ أَوْ يَأْتِيَ رَبُّكَ أَوْ يَأْتِيَ بَعْضُ آيَاتِ رَبِّكَ ۗ يَوْمَ يَأْتِي بَعْضُ آيَاتِ رَبِّكَ لَا يَنْفَعُ نَفْسًا إِيمَانُهَا لَمْ تَكُنْ آمَنَتْ مِنْ قَبْلُ أَوْ كَسَبَتْ فِي إِيمَانِهَا خَيْرًا ۗ قُلِ انْتَظِرُوا إِنَّا مُنْتَظِرُونَ

Do they [then] wait for anything except that the angels should come to them or your Lord should come or that there come some of the signs of your Lord? The Day that some of the signs of your Lord will come no soul will benefit from its faith as long as it had not believed before or had earned through its faith some good. Say, "Wait. Indeed, we [also] are waiting."

4:17 An-Nisaa

‎إِنَّمَا التَّوْبَةُ عَلَى اللَّهِ لِلَّذِينَ يَعْمَلُونَ السُّوءَ بِجَهَالَةٍ ثُمَّ يَتُوبُونَ مِنْ قَرِيبٍ فَأُولَٰئِكَ يَتُوبُ اللَّهُ عَلَيْهِمْ ۗ وَكَانَ اللَّهُ عَلِيمًا حَكِيمًا

The repentance accepted by Allah is only for those who do wrong in ignorance [or carelessness] and then repent soon after. It is those to whom Allah will turn in forgiveness, and Allah is ever Knowing and Wise.

4:18 An-Nisaa

‎وَلَيْسَتِ التَّوْبَةُ لِلَّذِينَ يَعْمَلُونَ السَّيِّئَاتِ حَتَّىٰ إِذَا حَضَرَ أَحَدَهُمُ الْمَوْتُ قَالَ إِنِّي تُبْتُ الْآنَ وَلَا الَّذِينَ يَمُوتُونَ وَهُمْ كُفَّارٌ ۚ أُولَٰئِكَ أَعْتَدْنَا لَهُمْ عَذَابًا أَلِيمًا

But repentance is not [accepted] of those who [continue to] do evil deeds up until, when death comes to one of them, he says, "Indeed, I have repented now," or of those who die while they are disbelievers. For them We have prepared a painful punishment.

4:47 An-Nisaa

يَا أَيُّهَا الَّذِينَ أُوتُوا الْكِتَابَ آمِنُوا بِمَا نَزَّلْنَا مُصَدِّقًا لِمَا مَعَكُمْ مِنْ قَبْلِ أَنْ نَطْمِسَ وُجُوهًا فَنَرُدَّهَا عَلَىٰ أَدْبَارِهَا أَوْ نَلْعَنَهُمْ كَمَا لَعَنَّا أَصْحَابَ السَّبْتِ ۚ وَكَانَ أَمْرُ اللَّهِ مَفْعُولًا

O you who were given the Scripture, believe in what We have sent down [to Muhammad], confirming that which is with you, before We obliterate faces and turn them toward their backs or curse them as We cursed the sabbath-breakers. And ever is the decree of Allah accomplished.

4:48 An-Nisaa

إِنَّ اللَّهَ لَا يَغْفِرُ أَنْ يُشْرَكَ بِهِ وَيَغْفِرُ مَا دُونَ ذَٰلِكَ لِمَنْ يَشَاءُ ۚ وَمَنْ يُشْرِكْ بِاللَّهِ فَقَدِ افْتَرَىٰ إِثْمًا عَظِيمًا

Indeed, Allah does not forgive association with Him, but He forgives what is less than that for whom He wills. And he who associates others with Allah has certainly fabricated a tremendous sin.

41:13 Fussilat

‎فَإِنْ أَعْرَضُوا فَقُلْ أَنْذَرْتُكُمْ صَاعِقَةً مِثْلَ صَاعِقَةِ عَادٍ وَثَمُودَ

But if they turn away, then say, "I have warned you of a thunderbolt like the thunderbolt [that struck] 'Aad and Thamud.

61:13 As-Saff

‎وَأُخْرَىٰ تُحِبُّونَهَا ۖ نَصْرٌ مِنَ اللَّهِ وَفَتْحٌ قَرِيبٌ ۗ وَبَشِّرِ الْمُؤْمِنِينَ

And [you will obtain] another [favor] that you love - victory from Allah and an imminent conquest; and give good tidings to the believers.