@ c1e9ab3a:9cb56b43

Election Authority (EA) Platform

1.1 EA Administration Interface (Web-Based)

• Purpose: Gives authorized personnel (e.g., election officials) a user-friendly way to administer the election.
• Key Tasks:
• Voter Registration Oversight: Mark which voters have proven their identity (via in-person KYC or some legal process).
• Blind Signature Issuance: Approve or deny blind signature requests from registered voters (each corresponding to one ephemeral key).
• Tracking Voter Slots: Keep a minimal registry of who is allowed one ephemeral key signature, and mark it “used” once a signature is issued.
• Election Configuration: Set start/end times, provide encryption parameters (public keys), manage threshold cryptography setup.
• Monitor Tallying: After the election, collaborate with trustees to decrypt final results and release them.

1.2 EA Backend Services

• Blind Signature Service:
• An API endpoint or internal module that receives a blinded ephemeral key from a voter, checks if they are authorized (one signature per voter), and returns the blind-signed result.

• Typically requires secure storage of the EA’s blind signing private key.

• Voter Roll Database:

• Stores minimal info: “Voter #12345 is authorized to request one ephemeral key signature,” plus status flags.

• Does not store ephemeral keys themselves (to preserve anonymity).

• (Optional) Mix-Net or Homomorphic Tally Service:

• Coordinates with trustees for threshold decryption or re-encryption.
• Alternatively, a separate “Tally Authority” service can handle this.

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2. Auditor Interface

2.1 Auditor Web-Based Portal

• Purpose: Allows independent auditors (or the public) to:
• Fetch All Ballots from the relays (or from an aggregator).
• Verify Proofs: Check each ballot’s signature, blind signature from the EA, OTS proof, zero-knowledge proofs, etc.
• Check Double-Usage: Confirm that each ephemeral key is used only once (or final re-vote is the only valid instance).

• Observe Tally Process: Possibly see partial decryptions or shuffle steps, verify the final result matches the posted ballots.

• Key Tasks:

• Provide a dashboard showing the election’s real-time status or final results, after cryptographic verification.
• Offer open data downloads so third parties can run independent checks.

2.2 (Optional) Trustee Dashboard

• If the election uses threshold cryptography (multiple parties must decrypt), each trustee (candidate rep, official, etc.) might have an interface for:
• Uploading partial decryption shares or re-encryption proofs.
• Checking that other trustees did their steps correctly (zero-knowledge proofs for correct shuffling, etc.).

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3. Voter Application

3.1 Voter Client (Mobile App or Web Interface)

• Purpose: The main tool voters use to participate—before, during, and after the election.

• Functionalities:

• Registration Linking:
  • Voter goes in-person to an election office or uses an online KYC process.
  • Voter obtains or confirms their long-term (“KYC-bound”) key. The client can store it securely (or the voter just logs in to a “voter account”).
• Ephemeral Key Generation:
  • Create an ephemeral key pair ((nsec_e, npub_e)) locally.
  • Blind (\npub_e) and send it to the EA for signing.
  • Unblind the returned signature.
  • Store (\npub_e) + EA’s signature for use during voting.
• Ballot Composition:
  • Display candidates/offices to the voter.
  • Let them select choices.
  • Possibly generate zero-knowledge proofs (ZKPs) behind the scenes to confirm “exactly one choice per race.”
• Encryption & OTS Timestamp:
  • Encrypt the ballot under the election’s public (threshold) key or produce a format suitable for a mix-net.
  • Obtain an OpenTimestamps proof for the ballot’s hash.
• Publish Ballot:
  • Sign the entire “timestamped ballot” with the ephemeral key.
  • Include the EA’s blind signature on (\npub_e).
  • Post to the Nostr relays (or any chosen decentralized channel).
• Re-Voting:
  • If the user needs to change their vote, the client repeats the encryption + OTS step, publishes a new ballot with a strictly later OTS anchor.
• Verification:
  • After the election, the voter can check that their final ballot is present in the tally set.

3.2 Local Storage / Security

• The app must securely store:
• Ephemeral private key ((nsec_e)) until voting is complete.
• Potential backup/recovery mechanism if the phone is lost.
• Blind signature from the EA on (\npub_e).
• Potentially uses hardware security modules (HSM) or secure enclaves on the device.

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4. Nostr Relays (or Equivalent Decentralized Layer)

• Purpose: Store and replicate voter-submitted ballots (events).
• Key Properties:
• Redundancy: Voters can post to multiple relays to mitigate censorship or downtime.
• Public Accessibility: Auditors, the EA, and the public can fetch all events to verify or tally.
• Event Filtering: By design, watchers can filter events with certain tags, e.g. “election: 2025 County Race,” ensuring they gather all ballots.

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5. Threshold Cryptography Setup

5.1 Multi-Seg (Multi-Party) Key Generation

• Participants: Possibly the EA + major candidates + accredited observers.
• Process: A Distributed Key Generation (DKG) protocol that yields a single public encryption key.
• Private Key Shares: Each trustee holds a piece of the decryption key; no single party can decrypt alone.

5.2 Decryption / Tally Mechanism

• Homomorphic Approach:
• Ballots are additively encrypted.
• Summation of ciphertexts is done publicly.
• Trustees provide partial decryptions for the final sum.
• Mix-Net Approach:
• Ballots are collected.
• Multiple servers shuffle and re-encrypt them (each trustee verifies correctness).
• Final set is decrypted, but the link to each ephemeral key is lost.

5.3 Trustee Interfaces

• Separate or integrated into the auditor interface—each trustee logs in and provides their partial key share for decrypting the final result.
• Possibly combined with ZK proofs to confirm correct partial decryption or shuffling.

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6. OpenTimestamps (OTS) or External Time Anchor

6.1 Aggregator Service

• Purpose: Receives a hash from the voter’s app, anchors it into a blockchain or alternative time-stamping system.
• Result: Returns a proof object that can later be used by any auditor to confirm the time/block height at which the hash was included.

6.2 Verifier Interface

• Could be part of the auditor tool or the voter client.
• Checks that each ballot’s OTS proof is valid and references a block/time prior to the election’s closing.

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7. Registration Process (In-Person or Hybrid)

1. Voter presents ID physically at a polling station or a designated office (or an online KYC approach, if legally allowed).
2. EA official:
3. Confirms identity.
4. Links the voter to a “voter record” (Voter #12345).
5. Authorizes them for “1 ephemeral key blind-sign.”
6. Voter obtains or logs into the voter client:
7. The app or website might show “You are now cleared to request a blind signature from the EA.”
8. Voter later (or immediately) generates the ephemeral key and requests the blind signature.

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8. Putting It All Together (High-Level Flow)

1. Key Setup
2. The EA + trustees run a DKG to produce the election public key.
3. Voter Registration
4. Voter is validated (ID check).
5. Marked as eligible in the EA database.
6. Blind-Signed Ephemeral Key
7. Voter’s client generates a key, blinds (\npub_e), obtains EA’s signature, unblinds.
8. Voting
9. Voter composes ballot, encrypts with the election public key.
10. Gets OTS proof for the ballot hash.
11. Voter’s ephemeral key signs the entire package (including EA’s signature on (\npub_e)).
12. Publishes to Nostr.
13. Re-Voting (Optional)
14. Same ephemeral key, new OTS timestamp.
15. Final ballot is whichever has the latest valid timestamp before closing.
16. Close of Election & Tally
17. EA announces closing.
18. Tally software (admin + auditors) collects ballots from Nostr, discards invalid duplicates.
19. Threshold decryption or mix-net to reveal final counts.
20. Publish final results and let auditors verify everything.

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9. Summary of Major Components

Below is a succinct list:

1. EA Admin Platform
2. Web UI for officials (registration, blind signature issuing, final tally management).
3. Backend DB for voter records & authorized ephemeral keys.
4. Auditor/Trustee Platforms
5. Web interface for verifying ballots, partial decryption, and final results.
6. Voter Application (Mobile / Web)
7. Generating ephemeral keys, getting blind-signed, casting encrypted ballots, re-voting, verifying included ballots.
8. Nostr Relays (Decentralized Storage)
9. Where ballots (events) are published, replicated, and fetched for final tally.
10. Threshold Cryptography System
11. Multi-party DKG for the election key.
12. Protocols or services for partial decryption, mix-net, or homomorphic summation.
13. OpenTimestamps Aggregator
14. Service that returns a blockchain-anchored timestamp proof for each ballot’s hash.

Additional Implementation Considerations

• Security Hardening:
• Using hardware security modules (HSM) for the EA’s blind-signing key, for trustee shares, etc.
• Scalability:
• Handling large numbers of concurrent voters, large data flows to relays.
• User Experience:
• Minimizing cryptographic complexity for non-technical voters.
• Legal and Procedural:
• Compliance with local laws for in-person ID checks, mandatory paper backups (if any), etc.

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Final Note

While each functional block can be designed and deployed independently (e.g., multiple aggregator services, multiple relays, separate tally servers), the key to a successful system is interoperability and careful orchestration of these components—ensuring strong security, a straightforward voter experience, and transparent auditing.

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@ 712d0fec:3e5d56c8

Autor: Pablito.eth
Tweet Original: Ver Tweet

Se Recomienda Leer el Tweet Original

Aunque este artículo proporciona un resumen de los consejos de Pablito.eth, se recomienda encarecidamente leer el tweet original para obtener todos los detalles directamente del autor. El tweet contiene matices y ejemplos que pueden complementar la información presentada aquí

Introducción

En un mundo donde nuestros dispositivos móviles contienen tanta información personal y sensible, perder un celular puede ser un verdadero dolor de cabeza. El incidente reciente de Pablito.eth en Palermo nos ofrece enseñanzas valiosas sobre cómo estar preparados para este desafortunado escenario. Aquí te comparto un resumen y análisis de sus recomendaciones.

Resumen del Tweet

Pablo expuso los siguientes puntos para proteger tu celular en caso de robo o perdida:

1. Activar la Protección contra Robo:

2. Usa "Theft protection" en Android o "Stolen device protection" en iOS.

3. Seguridad del SIM:

4. Pon un PIN al chip de la SIM para evitar su uso no autorizado.

5. Si tienes la tarjeta original, guarda el código PUK para emergencias.

6. Localización del Dispositivo:

7. Activa "Find my device" o "Find my Android" para localizar el celular.

8. Comparte tu ubicación en tiempo real con alguien de confianza.

9. Bloqueo de Aplicaciones:

10. Usa PIN, huella digital o FaceID en apps con información sensible: bancos, fintechs, crypto, email, fotos, mensajerías, etc.

11. Revisión de Seguridad:

12. Revisa qué información puede acceder un criminal sin biometría. Elimina o protege datos sensibles.

13. Gestión de Aplicaciones:

14. Desinstala apps que no uses diariamente para reducir riesgos.

15. Copia de Seguridad:

16. Duplica tu celular en un dispositivo viejo y guárdalo de forma segura, con batería y apagado.

17. Protección para Mensajería:

18. Aplica FaceID o huella digital para abrir WhatsApp y Telegram cada vez.

19. Número de Recuperación:

20. Evita usar tu número de celular como número de recuperación para cuentas.

21. Listados de Emergencia:

    • Crea un documento con números de teléfono importantes para bloquear el chip, bancos, etc.

Citas

Pablito.eth enfatizó:
"Gracias a que estaba preparado para este escenario, no pudieron hacer absolutamente nada con el mismo (ni formatearlo). Van un par de recomendaciones simples que les evitarán un dolor de cabeza si algún día les sucede."

"Estos puntos a tener en cuenta son los más básicos pero les van a permitir estar un 95% seguros."

Conclusión

La experiencia de Pablito.eth nos recuerda que tomar medidas preventivas puede ahorrarnos muchos problemas si nuestro celular llega a caer en las manos equivocadas. Implementar estas estrategias no solo protege nuestra información sino que también disuade a los potenciales ladrones de acceder a nuestros datos personales.

Referencias y Créditos

Puedes seguir a Pablito.eth en Twitter para más consejos y experiencias sobre seguridad informática.

@ 67403b2c:27b48c7a

Sexual identity—how one thinks of oneself in terms of romantic and sexual attraction—is among the most profound aspects of human experience. Understanding and accepting one's orientation often involves a complex journey of self-discovery that deserves compassion and patience.

Sexual orientation exists on a spectrum rather than in rigid categories, encompassing heterosexual, homosexual, bisexual, asexual, and other identities that reflect human diversity. For many, this identity may be fluid and evolve over time. While some people report knowing their orientation from a young age, others may not fully realize it until later in life, often experiencing periods of questioning and uncertainty—especially if their identity differs from familial or societal expectations.

The path to self-acceptance frequently requires overcoming internalized negative messages from family, religious backgrounds, or cultural sources. Support systems are crucial in this process, whether through accepting family members, supportive friends, LGBTQ+ communities, or professional counseling. These connections provide safe spaces for exploration and validation.

Education about human sexuality's diversity, including biological and psychological research, helps combat harmful myths and normalize varying orientations. Coming out—sharing one's identity with others—should happen on one's own timeline, with safety and readiness as primary considerations. Some choose to come out widely, others selectively, and both approaches are valid.

True self-acceptance doesn't mean eliminating all doubt, but rather developing a fundamentally positive attitude toward one's identity while acknowledging that challenges may arise. This acceptance often leads to more authentic relationships and stronger self-awareness.

While society's understanding of diverse sexual identities has grown significantly, discrimination persists, making internal acceptance and resilience crucial. The intersection of sexual identity with race, culture, religion, and gender adds complexity, as individuals navigate multiple cultural contexts and varying community attitudes.

Research consistently shows that LGBTQ+ individuals who achieve greater self-acceptance experience better mental health outcomes, highlighting the importance of supportive environments and accessible resources.

Conclusion

The journey of understanding and accepting one's sexual identity, while sometimes challenging, leads to more authentic relationships and fuller self-expression. Everyone deserves support, respect, and the freedom to be exactly who they are, wherever they are in their journey.

@ 67403b2c:27b48c7a

Key Takeaways:

• Understanding the difference between revolutionaries and rebels
• Exploring mindful rebellion through acceptance and flow
• Practical approaches to authentic living and personal freedom
• Natural resistance versus ideological revolution
• Mindfulness and present-moment awareness in rebellion

Introduction: The Nature of True Rebellion

"Don't become a revolutionary; become a rebel. A rebel is one who has no ideology, no ideals, who has nothing to impose upon himself, who takes life as it comes and takes it easily, who enjoys it, dances it and sings it." ― Osho

What Makes a Rebel Different from a Revolutionary?

I am not a revolutionary. The weight of ideology holds no power over me, nor do I carry grand visions to force upon an unwilling world. I am, simply and profoundly, a rebel – one who embraces life's raw essence, unburdened by the shackles of ideals or the compulsion to remake what is.

Where revolutionaries march with fury toward tomorrow, I dance in the eternal now. Their hearts burn with the need to demolish and rebuild, to reshape reality according to their dreams. But I have learned the art of being, the wisdom of acceptance, the freedom found in surrender to life's endless flow.

Understanding the Art of Being Present

Embracing Life's Natural Flow

I take life as it appears before me – a vast tapestry of moments, each thread essential to the whole. In joy, I soar; in sorrow, I dive deep. Beauty fills my senses, while pain teaches its ancient lessons. I stand witness to it all, neither fighting against perceived injustices nor struggling to craft utopia from chaos. For in the pursuit of perfection, we lose the profound beauty of the imperfect present.

Mindful Experience and Emotional Intelligence

Each experience washes over me like waves on the shore, leaving its mark before receding into memory. I taste life's flavors fully – bitter and sweet, subtle and overwhelming. When laughter bubbles up, I let it ring; when tears fall, I let them flow. When love fills my heart, I become love itself; when hurt finds me, I embrace it as another face of living. This is the wholeness I seek – not a carefully curated existence, but life in all its messy, glorious entirety.

The Path of Natural Resistance

Finding Freedom Through Acceptance

Free from the burden of ideals, I need not contort myself to match another's vision of righteousness. Like water finding its path downhill, I flow naturally through the landscape of existence, adapting to what lies before me rather than demanding the mountain step aside.

Living the Rebel's Way

This, then, is the rebel's way – not to lead armies of change or craft manifestos of revolution, but to move in harmony with life's own rhythm. My rebellion lies not in resistance but in acceptance, not in fighting but in flowing, not in changing the world but in fully inhabiting it. I dance to the music of my own heart's truth, and in this simple act lies all the rebellion I will ever need.

Conclusion: A Personal Declaration of Freedom

This is my manifesto. Not carved in stone or written in fire, but flowing like water, changing like clouds, free like the wind. This is my rebellion – to simply, radically be.

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Related Topics:

• Mindfulness and presence
• Personal freedom
• Authentic living
• Natural resistance
• Flow state
• Emotional wisdom
• Self-acceptance

[ [Author's Note: This manifesto explores the distinction between revolutionary ideology and authentic rebellion, offering insights into mindful living and personal freedom. It draws from philosophical traditions of mindfulness, Taoism, and contemporary personal development practices.]

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Support the Rebellion

In the spirit of authentic rebellion, this manifesto flows freely like water – available to all who seek it. If these words have touched your spirit or shifted your perspective, consider supporting this ongoing exploration of freedom and consciousness.

Your support helps maintain this space of authentic expression and enables more rebels to find their path to freedom.

🌊 Fuel the Rebellion

"Every drop joins the ocean of change."

@ 67403b2c:27b48c7a

Have you ever wondered why Jewish people often say "Hashem" instead of "God"? This thoughtful practice goes far beyond simple word choice—it reveals profound insights about respect, spirituality, and the sacred nature of language in Judaism.

What Does "Hashem" Mean?

Hashem—literally meaning "the Name" in Hebrew—represents a tradition built on reverence and deep spiritual understanding. This practice stems from a fundamental Jewish belief: God's true name is too sacred for everyday use. When practitioners say Hashem, they acknowledge something profound about divinity—that it transcends human comprehension.

The Spiritual Impact of Sacred Language

Think about how you speak about someone you deeply respect. You likely choose your words carefully, right? The use of Hashem works similarly. Each time this substitute name is spoken, it creates a powerful reminder: we stand before something far greater than ourselves. This mindful approach to sacred language creates a unique space for spiritual connection—intimate yet respectful, close yet maintaining appropriate distance.

Understanding Hashem in a Global Context

Different religions worldwide have their own special names and titles for the divine. Each reveals unique perspectives on humanity's relationship with the sacred. Hashem offers a fascinating example of how language shapes spiritual experience and opens doors for meaningful interfaith dialogue.

Why This Matters for Everyone

Even if you're not Jewish, this practice offers valuable insights into spirituality and language. It demonstrates how our word choices can profoundly impact our spiritual awareness and relationship with the sacred. Whether you're speaking about God, contemplating the divine, or discussing matters of faith, the language you choose shapes your experience.

The Universal Message of Hashem

The practice of saying Hashem transcends religious boundaries. It touches on universal human experiences we all share:

• Our sense of awe before the infinite
• Our struggle to express the inexpressible
• Our quest to find appropriate ways to speak about what we hold most sacred

Learn More About Jewish Traditions

Understanding practices like using Hashem helps build bridges between different faiths and cultures. It reminds us that despite our different traditions, we share common human experiences in our spiritual journeys.

---

Did you find this guide helpful? Support more articles like this: ☕ Buy Me a Coffee

Share this article with others interested in spiritual practices and interfaith understanding!

@ 67403b2c:27b48c7a

Quick Summary

• Location: Tampa Bay, Florida
• Urgent Need: $500 for extended stay housing
• Deadline: 48 hours (move-in by Wednesday/Thursday)
• Recent Victory: Job secured at ARS Rescue Rooter
• Current Status: Third night on streets
• Housing Solution: West Wing extended stay apartments near USF

The Journey So Far

My first experience with homelessness began on January 11, 2022. Now, facing my fourth bout of homelessness in Tampa Bay, each return to the streets becomes increasingly dangerous. I've survived three separate attacks while homeless, and the constant vigilance required to stay safe takes a devastating toll.

Breaking News: Job Secured

After countless applications and interviews, I've secured a position as HD Store Sales Associate at ARS Rescue Rooter! The background check is in progress, with work beginning February 13th. This isn't just employment – it's a chance to break the cycle of homelessness.

The Housing Crisis: By the Numbers

• 500,000+ Americans experience homelessness nightly
• 27% caught in chronic homelessness
• Average 1-bedroom apartment requires $40,000/year income
• Only 25% of eligible households receive housing assistance
• Current hotel rates: $88-100/day, $120+ weekends

The Immediate Challenge

I've found an affordable solution at West Wing extended stay apartments:

• Weekly rate: $500 (all utilities included)
• Monthly option: $1,400
• Location: Near USF campus
• Move-in ready: Yes
• Management: Willing to work with my situation
• Need: $500 for immediate move-in

Why This Is Critical

1. Physical Safety: Nearly collapsed from exhaustion yesterday
2. Job Security: Need stable base before starting work
3. Financial Stability: Weekly pay will maintain housing once started
4. Breaking the Cycle: Opportunity to end homelessness permanently

Financial Strategy for Stability

The path to sustainable housing requires careful planning. Here's the strategic approach:

Initial Housing Buffer

• Need: $1,000 for two weeks' extended stay
• Purpose: Create financial cushion through first paycheck
• Timing: Move in before job starts February 13th
• Goal: Avoid costly temporary hotel stays ($88-100/night)

Payment Timeline Strategy

1. Week One: Community-supported housing payment ($500)
2. Week Two: Job begins, first week worked ($500 buffer active)
3. Week Three: First paycheck received, begins regular payment cycle
4. Week Four: Establish stable weekly payment pattern

Cost Comparison

Traditional Hotels vs. Extended Stay:

• Hotels: $88-100/night ($616-700/week)
• Weekend rates: $120+/night
• Extended Stay: $500/week all-inclusive
• Monthly option: $1,400 (additional savings)

Why Two Weeks Matter

• First week: Secure immediate housing
• Second week: Buffer during pay period transition
• Prevents falling back to expensive hotels
• Ensures stable foundation for job success
• Avoids gaps in housing security
• Transition from weekly to monthly payments
• Save $200+ per month vs. weekly rates
• Establish rental history for future housing
• Create non-profit organization focused on:
• Ending homelessness worldwide
• Providing immediate housing solutions
• Developing sustainable support systems
• Sharing lived experience expertise
• Building community-based intervention programs
• Breaking cycles of homelessness globally
• Creating replicable housing solutions
• Advocating for systemic change

This strategic approach ensures:

1. No gaps in housing during job transition
2. Maximum cost efficiency
3. Path to long-term stability
4. Foundation for future independence
5. Platform to help others escape homelessness
6. Opportunity to transform personal struggle into global impact

How You Can Help

Immediate Actions:

1. Contribute through Buy Me a Coffee
2. Share this story on social media
3. Follow updates on Twitter @adontaim
4. Connect with resources or housing solutions

Related Resources

Learn more about homelessness in Tampa Bay:

• The Hidden Dimensions of Homelessness - An exploration of the often-overlooked aspects of homeless life and the daily realities faced by those experiencing it.
• Surviving Florida's Anti-Homeless Laws - A detailed look at the legal challenges and systemic barriers that make escaping homelessness increasingly difficult in Florida.
• Surviving the In-Between - A personal account of navigating the challenging transition periods between housing and homelessness.
• Surviving Homelessness Alone - An intimate look at the unique challenges and strategies for surviving homelessness without a support system.
• Invisible Battles: The Silent Struggle - A deep dive into the unseen mental and emotional challenges faced while experiencing homelessness.

These pieces provide additional context to my ongoing journey and highlight the complex intersections of personal struggle, public policy, and societal attitudes toward homelessness. Your engagement with these stories helps raise awareness about the real challenges faced by people experiencing homelessness in our community.

Thank you for taking the time to understand and share these experiences.

Updates and Progress

Follow real-time updates across platforms:

• Twitter/X: @adontaim
• Facebook: facebook.com/adontai
• Support Page: buymeacoffee.com/adontai

Take Action Now

Every hour counts in this 48-hour window. Your support could be the difference between:

• Starting a new job from stable housing
• Continuing to sleep on the streets
• Breaking the cycle of homelessness
• Building a sustainable future

Share this story with anyone who might be able to help. Together, we can transform this opportunity into lasting stability.

#TampaBay #Homelessness #CommunitySupport #EmergencyHousing #MutualAid

@ 67403b2c:27b48c7a

The inconvenient truth about success that productivity gurus don't want you to know

"Just work harder."

If you're like me, you've heard this advice hundreds of times. It's plastered across LinkedIn posts, echoed in graduation speeches, and whispered in performance reviews. But here's what nobody tells you: it might be the most damaging piece of career advice ever given.

The Religion of Hard Work

From an early age, we're indoctrinated into what I call "the religion of hard work." Its commandments are simple:

• Thou shalt hustle 24/7
• Thou shalt glorify the grind
• Thou shalt feel guilty about rest

We worship at the altar of productivity porn, sharing stories of self-made millionaires and pioneering entrepreneurs who "made it" through sheer force of will. The gospel is clear: work harder than everyone else, and success will follow.

But here's the inconvenient truth: it's mostly fiction.

The Data Tells a Different Story

Let's look at what research actually shows:

• A 2022 study found that socioeconomic background was twice as predictive of career advancement as work ethic
• 77% of professionals report burnout at their current jobs
• Productivity plummets after 50 hours of work per week
• Working longer hours directly correlates with increased rates of depression and anxiety

Think about that for a second. We're killing ourselves for a promise that data shows isn't even true.

The Real Success Stories Nobody Talks About

The tech industry—my world for the past decade—provides the perfect case study. For every "overnight success" story about a founder who worked 100-hour weeks, there are dozens of equally hard-working teams that failed. The difference? Usually not effort, but timing, connections, or plain old luck.

Remember Friendster? They worked just as hard as Facebook. MySpace? They grinded just like Twitter. The difference wasn't effort—it was everything else.

The Nordic Model: Working Less, Achieving More

Here's what really bakes my noodle: the countries with the shortest working hours often have the highest productivity and happiness levels. Take Denmark and Norway:

• Shorter workweeks
• More vacation time
• Higher productivity per hour
• Consistently ranked among the world's happiest nations

They've cracked the code that we're still trying to figure out: working smarter beats working harder.

A Better Way Forward

Instead of measuring success in hours worked or sacrifices made, what if we measured it in:

• Mental health preserved
• Relationships strengthened
• Creative projects completed
• Life experiences gained

Companies like Buffer and Basecamp aren't just experimenting with this approach—they're proving it works. Their four-day workweeks and "calm company" philosophies haven't hurt their bottom lines; they've helped them.

The Real Revolution

The next time someone tells you to "just work harder," remember this: hard work has its place, but it's just one ingredient in a complex recipe. The real revolution isn't in grinding ourselves down—it's in building a life where success doesn't require sacrifice.

Because maybe, just maybe, the smartest thing we can do is stop working so hard at working hard.

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If this resonated with you, hit the subscribe button below. I write weekly about rethinking traditional career advice and finding better ways to define and achieve success.

@ 67403b2c:27b48c7a

The heat was relentless—a suffocating force that offered no refuge. Our world shrank to the confines of portable toilets and the fleeting mercy of a mobile shower truck. Even the simple dignity of clean clothes hung precariously on the whims of a laundry service that weaponized access as a form of control.

We lived under the weight of an institutional facade, where arbitrary rules served not order but power. Minutes late to retrieve laundry? The facility would shut down for the day. Showers became bargaining chips, withdrawn for imagined infractions. The computer room, our sole sanctuary of climate control, stood as a cruel mirage—perpetually promised, perpetually denied. Only the Wi-Fi remained steadfast, a digital umbilical cord to the world beyond our suspended reality.

In this liminal space between citizen and prisoner, I discovered an unexpected salvation in vulnerability. The act of opening up to my family about my circumstances didn't just halve the burden—it restored a piece of my humanity. Yet even now, with those days behind me, the memories trigger visceral responses that ripple through my body like aftershocks of trauma.

The path to homelessness is a gradual unraveling. One moment, you're maintaining a precarious balance of employment and housing; the next, you're watching that fragile stability dissolve. The stress manifests physically—a constant companion that transforms into waves of terror and overwhelming dread. Even now, recounting these experiences summons that familiar tide of panic, threatening to pull me under.

Survival mode rewires your priorities with brutal efficiency. When shelter becomes uncertain, the body's response is primal and absolute:

• Communications fade to white noise
• Basic needs become luxury items
• The world contracts to a single imperative: find safety

In these moments of acute crisis, even fundamental human needs—food, connection, dignity—become secondary concerns. Shelter becomes an obsession, sought in any form: a public restroom, a quiet corner, any space that offers temporary reprieve from exposure.

The myth of multitasking crumbles when basic survival consumes every ounce of mental energy. Each day balances precariously on the edge of catastrophe, where the slightest disruption can trigger a cascade of survival responses. These aren't conscious choices but reflexive adaptations—often destructive, always necessary.

Walking through society wearing the invisible marks of homelessness teaches you about humiliation, but also about resilience. There's something profoundly dehumanizing about having your existence reduced to pure survival, yet within that stripped-down reality, hope persists—stubborn and essential as a heartbeat. Every step forward becomes an act of reclaiming identity, even as worn clothes and weathered dignity remind you of the distance still to travel.

This narrative transcends personal testimony—it illuminates how survival consciousness reshapes human experience. My coping mechanisms, however imperfect, represent more than individual strategies; they reflect the universal human drive to preserve dignity in the face of systematic degradation. Through this lens, physical deprivation and emotional trauma reveal a deeper truth: resilience isn't about thriving, but about maintaining our essential humanity when circumstances conspire to strip it away.

Garden of Modern Eden

Every Sunday, Adon watched Elder Clark stand at the pulpit, his voice carrying across the congregation like thunder. The elder preached about strength, about what made a "real man"—always with those air quotes that made Adon's stomach turn.

After service one morning, Adon overheard Clark counseling another young man. "Stand alone. That's what men do. We don't need help, we don't ask for it." The words felt like stones dropping into Adon's chest, each one heavier than the last.

Adon thought about Steve waiting in their apartment, about the strength it took to be themselves in a world that seemed determined to deny their existence. He thought about Clark's daughter, who had transitioned years ago and now lived states away, sending only Christmas cards that were never acknowledged.

"Funny," Adon whispered to himself as he walked home that day, "how some people trust G_d with everything except the beautiful diversity of His creation." He smiled, finally understanding that true strength wasn't in standing alone—it was in standing proudly as the person you were meant to be, even when others refused to see you. his voice carrying across the congregation like thunder. The elder preached about strength, about what made a "real man"—always with those air quotes that made Adon's stomach turn.

After service one morning, Adon overheard Clark counseling another young man. "Stand alone. That's what men do. We don't need help, we don't ask for it." The words felt like stones dropping into Adon's chest, each one heavier than the last.

Adon thought about Steve waiting in their apartment, about the strength it took to be themselves in a world that seemed determined to deny their existence. He thought about Clark's daughter, who had transitioned years ago and now lived states away, sending only Christmas cards that were never acknowledged.

"Funny," Adon whispered to himself as he walked home that day, "how some people trust G_d with everything except the beautiful diversity of His creation." He smiled, finally understanding that true strength wasn't in standing alone—it was in standing proudly as the person you were meant to be, even when others refused to see you.

---

Love what you see? Support my work! ☕

Your coffee donations help fuel new content and keep this project going. I'd love to hear your thoughts and feedback too!

👉 Buy me a coffee at buymeacoffee.com/adontai

@ 9c565c1b:25f42470

@ 3ad01248:962d8a07

It has almost been a month since the Bitcoin friendly Trump administration has been in power. The Bitcoin price was riding high days before and after the election with Bitcoin reaching a new all time high of 109k. It sure seem like surely once Trump got into office the price would skyrocket and everyone finally would have lambos and girlfriends.

Sadly for the number go up crowd this didn't happen. There are no lambos to be found and no girlfriends. All we get is some sideways price action and a promise to look at creating a Strategic Bitcoin Reserve (BSR) or some kind of sovereign wealth fund.

If you are in Bitcoin for the right reasons and understand what you hold, this is the perfect time to stack sats before the price goes parabolic. I say this because Bitcoin sure seems to be poised to make a massive run. If you look past the current price of Bitcoin you can see a storm of dollars flowing into Bitcoin from the traditional fiat economy. The signs are there if you start looking for them.

US States Creating Bitcoin Strategic Reserves

Guess how many states are considering creating a state level Bitcoin reserve of their own? Lots. Here is a list of states that are thinking about creating a reserve for their state:

• Alabama
• Arizona
• Florida
• Kansas
• Illinois
• Iowa
• Massachusetts
• Michigan
• Missouri
• Montana
• New Hampshire
• New Jersey
• New Mexico
• North Carolina
• North Dakota
• Ohio
• Pennsylvania
• South Dakota
• Texas
• Utah
• Wisconsin
• Wyoming

Each state is at some varying degree of interest in creating a reserve. Texas and Arizona are by far have made the most progress on making a Bitcoin reserve a reality. Texas is currently holding a public hearing on this at the time of this writing. There is strong political will to create a reserve so I definitely can see them being first movers on this and once Texas makes it a reality the other state will move in short order.

Arizona's strategic reserve bill passed the senate finance committee on a 5-2 which is a big deal in itself but still has a long way to go before it becomes policy. If it passes the Senate it still has to pass the Arizona House of Representatives and signed by Democrat Governor Katie Hobbs, so the odds of this becoming law is slim. Arizona Democrats seem to be anti-Bitcoin in general and any bills coming from Republicans will likely be shoot down or watered down.

Analysts believe that $23 billion could flow into Bitcoin from government reserves which equates to 247k Bitcoin going into government cold storage. I have reservations about governments creating BSR's but if we are going to have them I much rather them be at the state level where it can benefit citizens the most. Especially state pension funds that so many of our firefighters, police and first responders depend on for retirement.

We will probably see a state level BSR created by the end of the year if not sooner. Time will tell.

SAB 121 Repeal

What is SAB 121? SAB 121 or Staff Accounting Bulletin 121 made it problematic for financial institutions to custody digital assets such as Bitcoin for their customers. SAB 121 required institutions to record their holdings as a liability and not an asset.

Naturally banks and other financial institutions didn't see an upside to custody digital assets if it meant taking on liability and having an administration that was hostile to crypto in general. Why take the chance to piss off the government and give them a reason to go after you is probably the reasoning of most bank executives. SAB 121 achieved the goal the Biden administration set out to accomplish, namely stymie Bitcoin adoption by banks and individuals as long as possible.

President Trump swiftly issued a executive order rescinding SAB 121 and with that ushering a new era in the realm of Bitcoin and digital assets in general. Financial institutions now have the ability to explore Bitcoin custody solutions that fit their customer's need without fear of having to record a liability on their books.

As more and more people and business learn about Bitcoin third party custody options are going to be popular. Think about it from a small business owner perspective for a second. They are in the business of selling their widgets for Bitcoin but they don't want to manage the complexity that comes with accounting, taxes etc.. In steps in their local bank that they have been with for years if not decades and starts providing Bitcoin management services. Small business owners would be all over that idea. In the long run I think the repeal of SAB 121 is going to be a bigger deal than states creating Bitcoin strategic reserves.

FASB

Financial Accounting Standards Board or FASB for short has applied fair value accounting rules on Bitcoin and other digital assets. This is a huge deal because it will allow business to realize profit and losses of Bitcoin based on market prices. It also makes it easier for investors who evaluate businesses that hold Bitcoin on their balance sheet. Overall it treats Bitcoin like any other asset that a business would hold.

This accounting rule change will pave the way for more businesses to put Bitcoin on their balance sheet further driving demand for Bitcoin.

Lightning Companies Leading The Way

We all know that L1 Bitcoin can not scale to the entire world and that in order to bring more people into Bitcoin that layer two solutions would have to be built. This has largely been done with the creation of the lightning network which enables seamless peer to peer micropayments in the blink of an eye.

Base layer Bitcoin will certain not be used to buy your daily coffees or gym memberships but lightning will be used for that purpose. Businesses small and large will demand one click on demand solutions to help them accept Bitcoin payments for their businesses. There are plenty of Bitcoin business ready to help business adopt a Bitcoin standard.

Businesses such as Opennode, Zaprite, Voltage, Breez make switching over to a Bitcoin standard easy for businesses to do.

So when you take a step back and really look at the Bitcoin ecosystem it is a lot more mature than most give it credit for and will slowly eat away at fiat currency dominance around the world.

The best thing that you can do is be patient, stack as many sats as you can and educate others about Bitcoin. We all know how fiat currencies end. Our time will come.

@ c1e9ab3a:9cb56b43

1. Introduction

Modern election systems must balance privacy (no one sees how individuals vote) with public verifiability (everyone can confirm the correctness of the tally). Achieving this in a decentralized, tamper-resistant manner remains a challenge. Nostr (a lightweight protocol for censorship-resistant communication) offers a promising platform for distributing and archiving election data (ballots) without relying on a single central server.

This paper presents a design where:

1. Each voter generates a new ephemeral Nostr keypair for an election.
2. The election authority (EA) blind-signs this ephemeral public key (npub) to prove the voter is authorized, without revealing which voter owns which ephemeral key.
3. Voters cast encrypted ballots to Nostr relays, each carrying an OpenTimestamps proof to confirm the ballot’s time anchor.
4. Re-voting is allowed: a voter can replace a previously cast ballot by publishing a new ballot with a newer timestamp.
5. Only the latest valid ballot (per ephemeral key) is counted.

We combine well-known cryptographic primitives—blind signatures, homomorphic or mix-net encryption, threshold key management, and time anchoring—into an end-to-end system that preserves anonymity, assures correctness, and prevents double-voting.

---

2. Roles and Components

2.1 Voters

• Long-Term (“KYC-bound”) Key: Each voter has some identity-verified Nostr public key used only for official communication with the EA (not for voting).
• Ephemeral Voting Key: For each election, the voter locally generates a new Nostr keypair ((nsec_e, npub_e)).
• This is the “one-time” identity used to sign ballots.
• The EA never learns the real identity behind (\npub_e) because of blinding.

2.2 Election Authority (EA)

• Maintains the official voter registry: who is entitled to vote.
• Blind-Signs each valid voter’s ephemeral public key to authorize exactly one ephemeral key per voter.
• Publishes a minimal voter roll: e.g., “Voter #12345 has been issued a valid ephemeral key,” without revealing which ephemeral key.

2.3 Nostr Relays

• Decentralized servers that store and forward events.
• Voters post their ballots to relays, which replicate them.
• No single relay is critical; the same ballot can be posted to multiple relays for redundancy.

2.4 Cryptographic Framework

1. Blind Signatures: The EA signs a blinded version of (\npub_e).
2. Homomorphic or Mix-Net Encryption: Ensures the content of each ballot remains private; only aggregate results or a shuffled set are ever decrypted.
3. Threshold / General Access Structure: Multiple trustees (EA plus candidate representatives, for example) must collaborate to produce a final decryption.
4. OpenTimestamps (OTS): Attaches a verifiable timestamp proof to each ballot, anchoring it to a blockchain or other tamper-resistant time reference.

---

3. Protocol Lifecycle

This section walks through voter registration, ephemeral key authorization, casting (and re-casting) ballots, and finally the tally.

3.1 Registration & Minimal Voter Roll

1. Legal/KYC Verification
2. Each real-world voter proves their identity to the EA (per legal procedures).

3. The EA records that the voter is eligible to cast one ballot, referencing their long-term identity key ((\npub_{\mathrm{KYC}})).

4. Issue Authorization “Slot”

5. The EA’s voter roll notes “this person can receive exactly one blind signature for an ephemeral key.”
6. The roll does not store an ephemeral key—just notes that it can be requested.

3.2 Generating and Blinding the Ephemeral Key

1. Voter Creates Ephemeral Key
2. Locally, the voter’s client generates a fresh ((nsec_e, npub_e)).
3. Blinding

4. The client blinds (\npub_e) to produce (\npub_{e,\mathrm{blinded}}). This ensures the EA cannot learn the real (\npub_e).

5. Blind Signature Request

6. The voter, using their KYC-bound key ((\npub_{\mathrm{KYC}})), sends (\npub_{e,\mathrm{blinded}}) to the EA (perhaps via a secure direct message or a “giftwrapped DM”).
7. The EA checks that this voter has not already been issued a blind signature.

8. If authorized, the EA signs (\npub_{e,\mathrm{blinded}}) with its private key and returns the blinded signature.

9. Unblinding

10. The voter’s client unblinds the signature, obtaining a valid signature on (\npub_e).

11. Now (\npub_e) is a blinded ephemeral public key that the EA has effectively “authorized,” without knowing which voter it belongs to.

12. Roll Update

13. The EA updates its minimal roll to note that “Voter #12345 received a signature,” but does not publish (\npub_e).

3.3 Casting an Encrypted Ballot with OpenTimestamps

When the voter is ready to vote:

1. Compose Encrypted Ballot
2. The ballot can be homomorphically encrypted (e.g., with Paillier or ElGamal) or structured for a mix-net.

3. Optionally include Zero-Knowledge Proofs (ZKPs) showing the ballot is valid (one candidate per race, etc.).

4. Obtain OTS Timestamp

5. The voter’s client computes a hash (H) of the ballot data (ciphertext + ZKPs).
6. The client sends (H) to an OpenTimestamps aggregator.

7. The aggregator returns a timestamp proof verifying that “this hash was seen at or before block/time (T).”

8. Create a “Timestamped Ballot” Payload

9. Combine:

   1. Encrypted ballot data.
   2. OTS proof for the hash of the ballot.
   3. EA’s signature on (\npub_e) (the blind-signed ephemeral key).
   4. A final signature by the voter’s ephemeral key ((nsec_e)) over the entire package.

10. Publish to Nostr

11. The voter posts the complete “timestamped ballot” event to one or more relays.
12. Observers see “an event from ephemeral key (\npub_e), with an OTS proof and the EA’s blind signature,” but cannot identify the real voter or see the vote’s contents.

3.4 Re-Voting (Updating the Ballot)

If the voter wishes to revise their vote (due to coercion, a mistake, or simply a change of mind):

1. Generate a New Encrypted Ballot
2. Possibly with different candidate choices.
3. Obtain a New OTS Proof
4. The new ballot has a fresh hash (H').
5. The OTS aggregator provides a new proof anchored at a later block/time than the old one.
6. Publish the Updated Ballot
7. Again, sign with (\npub_e).
8. Relays store both ballots, but the newer OTS timestamp shows which ballot is “final.”

Rule: The final vote for ephemeral key (\npub_e) is determined by the ballot with the highest valid OTS proof prior to the election’s closing.

3.5 Election Closing & Tally

1. Close Signal
2. At a specified time or block height, the EA publishes a “closing token.”

3. Any ballot with an OTS anchor referencing a time/block after the closing is invalid.

4. Collect Final Ballots

5. Observers (or official tally software) gather the latest valid ballot from each ephemeral key.

6. They confirm the OTS proofs are valid and that no ephemeral key posted two different ballots with the same timestamp.

7. Decryption / Summation

8. If homomorphic, the system sums the encrypted votes and uses a threshold of trustees to decrypt the aggregate.
9. If a mix-net, the ballots are shuffled and partially decrypted, also requiring multiple trustees.

10. In either case, individual votes remain hidden, but the final counts are revealed.

11. Public Audit

12. Anyone can fetch all ballots from the Nostr relays, verify OTS proofs, check the EA’s blind signature, and confirm no ephemeral key was used twice.
13. The final totals can be recomputed from the publicly available data.

---

4. Ensuring One Vote Per Voter & No Invalid Voters

1. One Blind Signature per Registered Voter
2. The EA’s internal list ensures each real voter only obtains one ephemeral key signature.
3. Blind Signature
4. Ensures an unauthorized ephemeral key cannot pass validation (forging the EA’s signature is cryptographically infeasible).
5. Public Ledger of Ballots
6. Because each ballot references an EA-signed key, any ballot with a fake or duplicate signature is easily spotted.

---

5. Security and Privacy Analysis

1. Voter Anonymity
2. The EA never sees the unblinded ephemeral key. It cannot link (\npub_e) to a specific person.

3. Observers only see “some ephemeral key posted a ballot,” not the real identity of the voter.

4. Ballot Secrecy

5. Homomorphic Encryption or Mix-Net: no one can decrypt an individual ballot; only aggregated or shuffled results are revealed.

6. The ephemeral key used for signing does not decrypt the ballot—the election’s threshold key does, after the election.

7. Verifiable Timestamping

8. OpenTimestamps ensures each ballot’s time anchor cannot be forged or backdated.

9. Re-voting is transparent: a later OTS proof overrides earlier ones from the same ephemeral key.

10. Preventing Double Voting

11. Each ephemeral key is unique and authorized once.

12. Re-voting by the same key overwrites the old ballot but does not increase the total count.

13. Protection Against Coercion

14. Because the voter can re-cast until the deadline, a coerced vote can be replaced privately.

15. No receipts (individual decryption) are possible—only the final aggregated tally is revealed.

16. Threshold / Multi-Party Control

17. Multiple trustees must collaborate to decrypt final results, preventing a single entity from tampering or prematurely viewing partial tallies.

---

6. Implementation Considerations

1. Blind Signature Techniques
2. Commonly implemented with RSA-based Chaumian blind signatures or BLS-based schemes.

3. Must ensure no link between (\npub_{e,\mathrm{blinded}}) and (\npub_e).

4. OpenTimestamps Scalability

5. If millions of voters are posting ballots simultaneously, multiple timestamp aggregators or batch anchoring might be needed.

6. Verification logic on the client side or by public auditors must confirm each OTS proof’s integrity.

7. Relay Coordination

8. The system must ensure no single relay can censor ballots. Voters may publish to multiple relays.

9. Tally fetchers cross-verify events from different relays.

10. Ease of Use

11. The user interface must hide the complexity of ephemeral key generation, blind signing, and OTS proof retrieval—making it as simple as possible for non-technical voters.

12. Legal Framework

13. If law requires publicly listing which voters have cast a ballot, you might track “Voter #12345 used their ephemeral key” without revealing the ephemeral key. Or you omit that if secrecy about who voted is desired.

14. Closing Time Edge Cases

15. The system uses a block/time anchor from OTS. Slight unpredictability in block generation might require a small buffer around the official close. This is a policy choice.

---

7. Conclusion

We propose an election system that leverages Nostr for decentralizing ballot publication, blinded ephemeral keys for robust voter anonymity, homomorphic/mix-net encryption for ballot secrecy, threshold cryptography for collaborative final decryption, OpenTimestamps for tamper-proof time anchoring, and re-voting to combat coercion.

Key Advantages:

1. Anonymity: The EA cannot link ballots to specific voters.
2. One Voter, One Credential: Strict enforcement through blind signatures.
3. Verifiable Ordering: OTS ensures each ballot has a unique, provable time anchor.
4. Updatability: Voters can correct or override coerced ballots by posting a newer one before closing.
5. Decentralized Audit: Anyone can fetch ballots from Nostr, verify the EA’s signatures and OTS proofs, and confirm the threshold-decrypted results match the posted ballots.

Such a design shows promise for secure, privacy-preserving digital elections, though real-world deployment will require careful policy, legal, and usability considerations. By combining cryptography with decentralized relays and an external timestamp anchor, the system can uphold both individual privacy and publicly auditable correctness.

@ 6e0ea5d6:0327f353

People naturally gravitate toward what they are already good at, often neglecting the development of complementary essential skills—creating an asymmetric growth. However, this common imbalance is a mistake we don’t have to repeat.

To stand out, one must seek completeness.

If you possess natural intelligence, don’t rely solely on it—strengthen your body through physical training or martial arts.

If you are naturally athletic, nourish your mind with great books and intellectual content.

Aspiring to excellence demands this balance:

When your ambition is to be a king, you must first become a warrior-scholar.

Staying on the throne depends precisely on this deliberate fusion of seemingly opposite strengths.

"The society that separates its scholars from its warriors will have its thinking done by cowards and its fighting done by fools." — Thucydides

"If your son is quiet and intelligent, emphasize boldness, leadership, and physicality. If your son is tall and impulsive, emphasize learning, mindfulness, and critical thinking. You cannot be a complete man when you only have 50% of the equation."

Thank you for reading, my friend!

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

A toast to our family!

@ 8da249fe:ecc00e09

É um sistema eletrônico de dinheiro P2P, ou seja, é uma forma de dinheiro essencialmente digital, onde as pessoas podem transacionar sem precisar de um intermediário ou estar sujeito a autoridades centralizadas (Sistema Financeiro Governamental).

Ou seja, não há nenhuma existe de "Casa da Moedas" que façam o controle de dinheiro circulante e factíveis a movimentos artificiais de manejo de crises econômicas que pioram o processo de estabilização financeira. Para que o Bitcoin não seja alvo de fraudes e golpes o controle é feito por um sistema colaborativo de todos os usuários que validam suas transferências em um sistema de audição que chamamos de blockchain.

Como o Bitcoin funciona?

A moeda Bitcoin é um item eletrônico colecionável criando de forma de ser induplicável e não copiável. Este tipo de "arquivo" eletrônico tem propriedades de dinheiro, quando há o envio deste arquivo é retirado do seu local de armazenamento e transferido para outro sem gerar cópia. Todas as transferências deste tipo de "arquivo" são registradas em um livro contábel que tem o nome de blockchain.

Por isso que o Bitcoin é de fato uma moeda e não algo que possa ser um método de estelionato. Pois há uma auditoria voluntária de todos os usuários na Blockchain garantindo que não haja fraude e injeção de Bitcoin de forma artificial no sistema.

@ dbb19ae0:c3f22d5a

Using Nostr_sdk 0.39 (Latest) module to send dm

```python

test with 0.39

working

import asyncio from nostr_sdk import Client, NostrSigner, Keys, PublicKey, init_logger, LogLevel

async def send_direct_message(nsec, recipient_npub, message): init_logger(LogLevel.INFO) sender_keys = Keys.parse(nsec) sender_client = NostrSigner.keys(sender_keys) client = Client(sender_client) public_key = sender_keys.public_key() print(f"From Public key (npub): {public_key.to_bech32()}")
await client.add_relay("wss://relay.damus.io") await client.connect()

print(f"to Public key (npub): {recipient_npub}")  
await client.send_private_msg(PublicKey.parse(recipient_npub), message, [])
await asyncio.sleep(10)
print(f"Message sent")

if name == 'main': nsec = "nsec1 ... replace with your nsec" recipient_npub = "npub ... replace with npub to send dm" message = "Hello there, this is a message!" asyncio.run(send_direct_message(nsec, recipient_npub, message))

```

@ 7a7d16c9:1a700636

Watched an awesome video from one who I subscribe on YT.

I've been trying to put my finger on what it is that I don't like about the major social media platforms. Alec Watson gave me the answer in one of his latest videos: "Algorithmic Complacency".

TLDR: Rather than read, watch, and collaborate with those I follow online, modern social media platforms like to tell me what content I should consume. Nostr, Bluesky, and Mastodon don't do this - I can see what I want and what I don't, without relying on a computer algorithm to tell me.

This got me thinking about my own use of social media platforms and my recent adoption of the Fedi-verse to circumvent the machine telling me how I should consume online content.

I don't subscribe to any one platform. I've not found one that addresses all my online social needs, nor one that feature the diverse audiences I follow. Here's a rundown of what I use:

YouTube - the easiest of the bunch. YT has become my new binge TV. Initially a frequented site for learning how to replace a garbage disposal or to learn some of the tricks with Davinci Resolve, YT quickly became my platform of choice for learning and entertainment content. Yes, YT has an algorithm and provides recommendations - it's how I found Technology Connections - but I like that I can use the subscriptions feed to just see content that I follow in addition to that which YT recommends.

Facebook - the favorite with the old guard. TBH, I've never liked big tech owning my voice on the Internet. I'd have deleted my FB account along with X and Instagram, long ago, except that it's the one platform that my family uses. My mother uses Facebook, so do my distant cousins, but only a subset use the other platforms, and none use the Fedi-verse. FB remains as the one platform for me to post the occasional vacation photo and to find out that my cousin got married last week - and no I didn't get an invite.

Vero - I'm a photographer and love to post some of my more interesting art pieces online for feedback, so I can improve my craft. I used to use Instagram, until it went over to the algorithm dark side and filled my feed with short-form video. Vero maintains to be what Instagram used to be. I've not checked out Pixelfed (yet).

Mastodon - After Musk took over Twitter and rebranded it to X, I swiftly left and moved to Mastodon. I hate the idea of a single business entity owning my content and right to free speech online. Like many, I have my own issues with Musk and his business practices and shouldn't have to deal with them as part of my online presence. Mastodon was and still is, the place where I get to collaborate with people I've never met in person on likeminded topics of interests. Mastodon relies on federated servers, which people own; so, there's that to consider. I've managed to find a server that caters to my interests and fulfills my desire to collaborate online.

Then comes Nostr...

My friend _@briangreen.net introduced me to Nostr. As a long-term orange-pill advocate, I was thrilled to join Nostr to collaborate on the latest Bitcoin and Crypto news. I will say that Nostr appears less diverse in topics but that's rapidly changing as I am now seeing a lot of posts on photography, meshtastic, and other personal interests of mine. I love that Nostr is not so much a platform, but a federated protocol. I don't have to subscribe to any one app and web site to post and read content. For now, I use both Mastodon and Nostr to scratch my online collab itch. A nice thing about the Fedi-verse is that there's plenty of cross-posting apps. I use OpenVibe to post and consume content in one place. Their app is slick and works as advertised.

How do you use social media? Is Nostr your only platform, or do you still use the traditional ones?

@ 2e8970de:63345c7a

A Detailed Look at the Economic Impacts of Trump's Wide Ranging New Tariffs on China, Mexico, Canada, Steel, Aluminum, and Much More

https://www.apricitas.io/p/trumps-2nd-trade-war-begins

If you're interested in global trade I recommend looking at the article. It's a real deep dive into many perspectives of US trade esp. with China. What gets imported from China, many individual product categories, what happened in round 1 in 2018 and so so much more. And lots of charts!

originally posted at https://stacker.news/items/896850

@ f16854d5:3d7ad874

In October 2024, I revisited Messier 33, also known as the Triangulum Galaxy, the third-largest member of our Local Group of galaxies. This galaxy holds special significance for me, as it was among the first celestial objects I photographed three years prior. Taking advantage of a moonless evening, I aimed to capture its intricate details once more.

The imaging session proceeded smoothly, albeit with slightly below-average seeing conditions. Guiding performance remained relatively stable throughout the evening, fluctuating between 0.5 and 0.8. To enhance image sharpness, I adjusted the automated refocusing interval from 1°C to 0.75°C, a setting I plan to maintain for future sessions.

Processing was conducted using Stellarmate OS for capture, with subsequent refinement in PixInsight and Affinity Photo.

For a detailed account and to view the high-resolution image, you can visit my post here: https://astrocamp.eu/en/astrophoto-messier-33-10-24/

@ 6a6be47b:3e74e3e1

Hi frens, While drawing this fly 🪰 👇🏻

nostr:nevent1qgsx56ly0wcj7gwasrc7707l9px39g5nzn82p35akhkdqj448e6w8cgqyrrnhgtqqfvcvf007gtxmffrhd8zw5j0t93cuxc3yrykl2dzyp3tvj4hcjx

I started thinking about how to make my art stand out. Maybe I should focus on making it more appealing—or at least improving its presentation. Don’t get me wrong, I’m not against making my work more consumable, but the marketing side of things takes so much time away from actually creating art. It’s sad that sometimes it feels less about delivering high-quality work and more about turning it into “content.” Honestly, that can be exhausting. Like Fall Out Boy said, “all this effort to make it look effortless.”It’s not really my style to turn my art—or the process of creating it—into content. That’s why I sometimes struggle with crafting or presenting it in a way that fits today’s trends. Sometimes, the pressure to make my art presentable is so overwhelming that it makes me feel like not creating at all. And when it doesn’t yield the kind of recognition or financial support I hope for after all that effort, it can be really disappointing. It’s like watching all that hard work slowly erode my soul. It’s tough to keep going when it feels like my art isn’t being valued in the way I wish it could be. I want to be clear: this isn’t me dissing anyone. You do you, and I’ll do me. As Crowley would say, “Do what thou wilt.” What I’m really trying to figure out is how to find that sweet spot—where I can keep up with the times and make my art more appealing without losing my soul in the process. I’m trying my best, and I know I’ll make mistakes along the way, but I’ll keep going. I just wanted to share these thoughts with you because I’m usually pretty upbeat here—maybe even a little superficial at times—but this is me being more real with you. Art is such a huge part of my life, and through my work, I’m already sharing something raw and personal with you. But now you also know why my presentation might sometimes feel simple or plain. I’m working on finding that balance, and I’ll get there eventually. Godspeed, my frens

@ 67403b2c:27b48c7a

Michael Laitman, a world-renowned Kabbalist and spiritual teacher, recently introduced a groundbreaking concept on Facebook called "No Death." This transformative Kabbalistic teaching explains how death is not an ending but a spiritual transformation of consciousness. For those seeking answers about life after death, Laitman's perspective offers both ancient wisdom and modern understanding.

Understanding Kabbalah's View on Death and Consciousness

The Kabbalistic concept of "No Death" builds on centuries of mystical Jewish wisdom. While traditional views see death as final, Kabbalah teaches that reality extends far beyond our physical world. Similar to Einstein's theory that energy cannot be destroyed but only transformed, Kabbalistic wisdom suggests consciousness continues after physical death.

How Kabbalistic Teachings View Consciousness and Physical Reality

According to Laitman's Kabbalistic teachings, consciousness exists independently of our physical brain. This fundamental principle of Kabbalah suggests that our true essence—our spiritual consciousness—transcends the temporary nature of our physical bodies. This understanding aligns with both ancient spiritual wisdom and emerging scientific theories about consciousness.

Practical Applications of Kabbalistic Wisdom in Daily Life

This spiritual perspective transforms how we approach:

• Personal relationships and their eternal nature
• Daily challenges and spiritual growth
• Anxiety about death and mortality
• Life's deeper meaning and purpose

Modern Relevance of Kabbalistic Teaching

In today's fast-paced digital world, Laitman's spiritual insights offer valuable guidance for:

• Managing death anxiety
• Finding life purpose
• Building meaningful relationships
• Understanding consciousness
• Exploring spiritual growth

Impact on Personal Growth and Spiritual Development

Laitman's teaching extends beyond theoretical knowledge into practical spiritual development. By viewing death as transformation rather than termination, practitioners of Kabbalah develop:

• Enhanced spiritual awareness
• Deeper compassion for others
• Stronger personal relationships
• Greater life purpose
• Reduced fear of death

Connecting Ancient Wisdom with Modern Understanding

While many spiritual teachers discuss life after death, Laitman's approach uniquely bridges:

• Traditional Kabbalistic wisdom
• Contemporary scientific understanding
• Practical daily application
• Personal spiritual growth
• Universal life questions

Conclusion: Embracing Spiritual Transformation

Michael Laitman's exploration of "No Death" provides essential insights for anyone interested in:

• Kabbalistic teachings
• Spiritual development
• Life after death
• Consciousness studies
• Personal transformation

About About the Author: This comprehensive guide explores Dr. Michael Laitman's Kabbalistic teachings on life, death, and spiritual transformation. Drawing from his recent social media insights and decades of Kabbalistic study, this article connects ancient wisdom with modern understanding.

---

💝 Support This Work If you found this article valuable, consider supporting more content like this with a small contribution: Buy Me a Coffee

---

#Kabbalah #MichaelLaitman #SpiritualTeachings #LifeAfterDeath #KabbalisticWisdom #SpiritualGrowth #Consciousness #SpiritualTransformation

About the Author: This piece explores the profound teachings of Michael Laitman, drawing from his recent social media insights and long-standing work in Kabbalistic wisdom. The article aims to bridge ancient spiritual knowledge with contemporary understanding, offering readers a new perspective on life, death, and continuity.

Philosophy #Kabbalah #MichaelLaitman #LifeBeyondDeath #SpiritualAwakening

@ eaef5965:511d6b79

Another quarter, another update on the global money supply.

I remember three years ago yesterday, texting my Ukrainian friends for updates as they fled with their families for safety from Putin's full-scale, unprovoked attack on their country. Three years on, they continue to fight incredibly bravely, for if they do not, there will be no Ukraine. Europe has drip-fed them enough support to not lose, but not enough to win. America now demands repayment for its aid to the victim in the form of mineral rights, and will not recognize the aggressor as the aggressor. The era of Reagan-style, speak softly while carrying a big stick approach to dictators seems no more, for now, from the new US admin. The world order is changing rapidly, and Europe is quickly finding out what the Baltics and Poland have known for 200 years: the threat from the East does not share its values; it is simply uncompromising.

As this next round of political theater plays out, and one can only hope for just, lasting peace and security with clear eyes from all democratic allies, the printing presses will do as instructed. But as we look through this update, you will see that we are actually at very low, relative-levels of money printing historically, even slight negative money growth.

Bitcoin continues on, and as of 31 December 2024, its $1.8 trillion market cap was 7.2% of the global monetary base. That means that the global monetary base, for this update, is $25.5 trillion.

Why the global monetary base?

It is the only money supply that is economically analogous to bitcoins, digital store of value today, and to gold and silver ounces, store of values from the past.

The monetary base is central bank money, comprised of two supplies:

1. Physical currency: Notes and coins, or “cash;”
2. Bank reserves: The “Master account” that each commercial bank holds with its central bank.

Now, why do I refer to this as Central bank money?

This is because, unlike all other money supplies in the fiduciary banking world (like M1/M2/M3), the Monetary base is the sole and ultimate money supply controlled by the central bank. It is, literally, the printing press. What follows won't be a lesson in reserve ratios or monetary economics. The point is that you simply understand that there is a money supply that central banks solely control, and of course (of course!) this is what Bitcoin's 21 million are up against.

The monetary base is to the core of the entire fiat financial system, as 21 million bitcoins are to the core of the Bitcoin protocol. One is open and permissionless, and one is not. By the way, the monetary base is essentially (though not entirely) analogous to the total liabilities of a central bank, so we can (basically) say that the monetary base is the "balance sheet" of each central bank.

On cash. Quick notes on the above. Certainly you understand what "cash" is, and it is indeed an instrument that has been fully monopolized by each central bank in each nation around the world--only they can print it. Even though it is true that banks in more free banking societies in the past could freely print and strike notes and coins, the central bank (or state) monopoly has been around for a long time. Kublai Khan was the first to do it 750 years ago.

On bank reserves. Don't stress your brain on this too much, but this is the main "settlement money" that banks use between each other, when they want to settle their debts. It is digital now (Fedwire in US, CHAPS in UK), but it doesn't technically have to be, and of course before modern technology took over even a few decades ago, it was not. These two stacks of retail and wholesale cash, stacks of central bank money, are what make up the Monetary base. This is the printing press. Only this compares to 21 million bitcoins. And gold, and silver by the way.

Final note, central bank digital currencies, or CBDCs, which are simply LARPing on Bitcoin's success, are indeed created by central banks, and they are indeed classified as Base money. They are going to be a "third rail." They are thankfully incredibly small, pilot projects today. We will see how far democracies will be tested, as autocracies no doubt will mainstream them; but for now, consider them, at least economically, to be inconsequential to the update below. It appears that central banks are actually cooling to them, as of this writing.

With that review out of the way, onward to Q4 update for 2024.

Bitcoin is the 6th largest money in the world

This is unchanged from last quarter.

In February 2024, it surpassed the monetary base of the United Kingdom; that is, its value was larger than the Bank of England's balance sheet, and it remains so to this day.

As of 31 December 2024, it is only the balance sheets of the big four central banks that are larger than Bitcoin. These currencies are:

1. Federal Reserve (dollar): $5.60 trillion
2. People's Bank of China (yuan): $5.04 trillion equivalent
3. European Central Bank (euro): $4.87 trillion equivalent
4. Bank of Japan (yen): $4.20 trillion equivalent

If we remove gold from the equation (and we shouldn't), then Bitcoin could be considered the fifth largest money in the world. Including gold, Bitcoin is the sixth.

However, the all-important monetary metal throughout history that even a child knows about--gold--is still king at around $17 trillion in value, or 6 billion ounces worldwide. Note, this does not include gold lost/recycled through industry; in that case, it is estimated that about 7 billion ounces of gold have been mined throughout humanity.

Silver, for what it's worth, is still a big "monetary" metal; though it is true, much more silver is gobbled up in industry compared to gold. There are about 31 billion ounces of non-industrial silver floating around the world (most of it in jewelry and silverware form) that is valued in today's prices at nearly $1 trillion. Bitcoin bigger.

State of the print: $25.5 trillion

This is down $1.5 trillion from last quarter!

However, we must also remember that as currencies lose value against the best-looking horse in the glue factory; that is, the dollar, then this dollar value actually "dampens" the effect of the print. More on this below.

If we consider $25.5 trillion as the Big Boss of central bank money, then Bitcoin at $1.8 trillion network value (December, quarter-end figure) indeed has some way to go. But as anyone who follows Bitcoin for a sustained about of time knows, this can change rapidly. We can also imagine how the Pareto distribution occurs even in money, if Bitcoin after only 15 years is already larger than every central bank money in the world except for four of them. Wild to ponder.

All-time supply (monetary) inflation: 12.7% per year compounded

This is a long-term, "smoothed" monetary inflation, or money growth figure. It is looking across all the 50 currencies in my sample, going back to 31 December 1969 for almost 40% of them, and for those that don't, simply adding them into the weighted basket as data becomes available.

Roughly stated, it means that central banks on balance double their money supply every 5.8 years. This is a fact.

However, this overall rate of increase is indeed declining, and has been since 2022. For example, if we looked at this headline figure from last year ending 2023, it blended to 12.9% all-time, or 0.2% higher than now. Still, even though central banks have been trying to tighten from their overheated 2020-22 money print, the overall, net effects of money growth in native fiat units have not changed significantly.

For more detail, we can look at the latest year.

Trailing 12-month money growth: -3.0%

What is very interesting, however, and alluded to above, is how all global currencies continue to decline in relative value against the dollar. According to the simple, USD-based trendline analysis for all global currencies in the dataset (see below), we should have a $34 trillion monetary base right now, based on past performance. We have a $25.5 trillion monetary base right now. We are actually lower than the 2.5th percentile on this trendline.

But take note: What you are really seeing is actually not that much less of money printing (they have been letting up the gas, to be sure), but rather, a tremendous loss in purchasing power of all currencies versus the dollar!

In other words, from 2023 to 2024:

1. The weighted average, native change in money base growth of all currencies was -3.0% over the prior 12 months;
2. The overall dollar value change was -8.5% over the prior 12 months ($25.5 trillion vs. $27.8 trillion).

This means that, in the last year, government money lost an additional 5.5% per year in dollar purchasing power, beyond its reduction of 3.0% in money print. Wild.

Since 2021 peak

I don't publicize this information as much, and I probably should. In dollar terms, in December 2021, global central bank money printing peaked at $30.5 trillion. Big number. Now, it is $25.5 trillion. So one would assume that the printing presses have cooled by 16.4% in the last three years.

But again, as I have just described above, we are trying to see beyond Wittgenstein's Ruler here. This can be difficult, because we have 50 different currencies to contend with.

It is true, in the last three years, the dollar value of the top 50 currencies in the world has fallen by 16.4%.

But does that mean that central banks are printing 16.4% less than before 2021?

No.

In fact, when you look at the weighted average of each central bank's performance over the last three years, in their native currency units, you will find that the weighted average decline in printing is only 2.4%.

Notice anything? This decrease over three years is actually less than the decline over the last 12 months, which was 3.0% (section above).

And most obviously, it is far less than 16.4%.

There are dollar values. These grow differently from all the native currency units, because of foreign exchange rates.

There are native currency units. These grow differently from all the dollar values of these currencies, because of foreign exchange rates.

Central banks are printing less over the last three years: 2.4% less overall. But this is much less than the decline in the dollar value of 50 currency stocks over the last three years: 16.4% decline.

One must tear through the numbers to understand both ideas. I have provided you with both.

New data: China

Firstly, what I am about to say has nothing to do with what I've described above, except for a very small impact on the overall, headline figure of 12.7% money growth. This is a historical addition.

I have added some important new monetary data this quarter, and that is from the quasi-transparent yet enormous economy of China. On the PBoC website, they publish balance sheet data back to only 31 December 1999. I have used this timespan for seven years now in my quarterly updates. However, I have now gone through some new figures from the book China Financial Statistics (1949-2005) and added additional data points all the way back to 1969 for China. It is published from PBoC sources. I am using M0 figures from 1969 until 1993 (only available, very compatible, as a subset of base money), and from 1993, they begin publishing full monetary base data. The break in growth metrics when switching from M0 to MB in 1993 is ignored.

The changes from this new data--from a huge, growing economy such as China will, as expected, boost the overall inflation numbers in my dataset. These are the net effects of the new data, as of 31 December 2024:

China Monetary base average monthly growth for entire series:

1. Old data from 1999: 0.85%
2. New data from 1969: 1.04%

China Monetary base compound annual growth for entire series:

1. Old data from 1999: 10.73%
2. New data from 1969: 14.24%

Overall Monetary base compound annual growth for entire series:

1. Before this additional China data: 12.56%
2. After this additional China data: 12.73%

So the net effect on "global monetary inflation" with this additional data is 17 basis points, or 0.17%. I thought the overall effect could be higher, but one must remember these growth rates are weighted by the relative USD value of each respective base money, on a continuous basis, updating each month. In the 1960s, 1970s, and 1980s, China was a much smaller proportion of the global economic pie than it is today.

One final point with this new data, and with my monetary inflation data overall. I am fairly confident my headline number of 12.6-12.7% per year compounded for global money growth is conservative. These are the top 50 currencies in the world. We just saw what new data did to the entire dataset, and from a huge country no less. If I were to add more currencies, such as those from Kenya or Morocco (and I will), these currencies will only marginally affect this headline money growth figure. What's more, this new data will by definition come from smaller, more volatile, higher inflation-producing currencies, so I would only expect my headline figure to creep higher, the further it is refined.

Huge thanks to Eryn @reltbracco (npub1e2rd2k45ym2jmctnysfadxumrvrr57vqj69ck6trt2y62c40r0kqs9lx8t) for sifting through tons of Chinese historical content here, and for eventually finding a great book with Chinese historical monetary data that was in English!

The trends

The remainder of the report is an update on global trends in demographics, money, and economics. All of these trends are exponential curves. The sole exception, is Bitcoin. It's price and market cap action, across time, are power curves.

One further change. I have allowed the 2.5 and 97.5 red percentile bands to evolve over time. I think this presentation allows the reader to see that trends indeed can change, across time. However, the all-time trendline, as of today, is the solid, black trendline.

We are where we are. Plan accordingly, never financial advice.

Population

The world has grown exponentially at 1.7% per year over the last 75 years. However, despite all the overpopulation myths you've probably heard, this rate of growth is actually falling, well below trend, and we only grow at 0.9% per year at the moment, pulling the overall trend down every year.

## US GDP

The United States has grown its economy at 5.2% compounded per year since the founding of the republic. We are at the higher end of this trend right now, $29 trillion output per year, growing at 5.3% per year. As this is exponential growth, if I put it on log scale, it will become a straight line.

## Stock market

Stocks grow exponentially as well, don't let anyone tell you otherwise. The growth rate is 7.3% per year for the S&P 500, the main US index that tracks more than 80% of total market caps. Currently, the market is well above trend.

## Stock market: Dividends reinvested

If you reinvest those dividends into the same stock market, you'll earn more. The all-time compound annual growth increases by 2% to 9.3% per year for the S&P.

## Bonds

Bonds are supposedly safer than stocks (bondholders get paid back first), and more regular cash flowing. If you look at the longest running bond index in the US, it grows at 7.0% per year, compounded. Notice how, in a rising interest rate environment (which we are in at the moment), bond prices will suffer. In this case, it's the Bloomberg Aggregate Bond Index. This has kept the bond market returns at the lower end of the range, since the global financial crisis in 2008. Not even 1% TTM return.

## Base Money

As we've discussed, base money grows across the world at a weighted average of 12.7% compounded per year. However, this trendline analysis looks at it differently than my headline figure. It simply looks at the USD value of the global monetary base (again, currently $25.5 trillion), and draws an exponential trendline on that USD equivalent growth for 50+ years. In other words, this is going to be after all currency fluctuations have played themselves out.

Slope of the trend is 10.2% compounded for this one.

This is further confirmation that, even though central banks around the world like to print at 12.7% compounded all-time in native unit terms, they will always lose value against the world's reserve currency, as that shakes out to around 10.2% compounded in USD-terms.

And we really are scraping the bottom of this range. 0.7x the trendline, which

## Silver supply

This is total ounces ever mined. They trend upward at 1.4% per year.

## Gold supply

This is total ounces ever mined. Gold trends upward at 1.7% per year. Faster than silver. Surprised? Notice the R-squared (goodness of fit) for both silver and gold production increase.

## Bitcoin supply

Bitcoins grow according to a basic logarithmic curve. Trying to draw percentiles is pointless here, and even measuring a trendline is relatively pointless, as everyone knows the bitcoins prescribed into the future, per the protocol. Better to just quote the trailing 12-month growth figure, and it is 1.2% per year and falling, as of quarter end Dec-2024. Less than gold or silver.

## Silver price

Since 1971 it's trended at 3.5% per year. Silver bug?

## Gold price

Since 1971 it's trended at 5.1% per year. Gold bug?

## Bitcoin price

Bitcoin's price (and market cap) grows according to a power trend. Did you notice that the prior exponential trends displayed themselves as straight lines on log scale? Well, with Bitcoin, the power trendline gradually falls across time, but the growth is still well larger than anything we've covered thus far. Now, we have finally arrived at something that grows differently than exponential.

As I've observed since 2018

.

Why? Because you are viewing an adoption curve. This is how networks scale.

Bitcoin's power trendline has grown 164% per year since Bitcoin Pizza Day in 2010. Note that this is something akin to a "Lifetime Achievement" figure, and it will continue to fall every day. Over the prior 12 months ending 31-Dec-2024, Bitcoin grew 121.1%. The compound growth of the power trend today is just under 44% per year. By 2030 it will fall to "only" 31% per year. You can find more dissection of the

power curve on my website here

.

Oh yes, and it is free (as in speech), open, and permissionless money.

To summarize

That was a lot of data across a lot of charts. I've compiled all these trendlines and data in a helpful table here for you to review at any time. These are the growth trends of the monetary and major asset world, as of year-end 2024:

Again, a quick breakdown on why Bitcoin is so interesting, and confounding. Where most things in the financial and economic world grow exponentially, Bitcoin is actually a compilation of three different trend patterns:

## Conclusion

Below is a detailed summary of all the input assets:

1. 50 fiat currencies: $25.5 trillion
2. Gold: $17.1 trillion
3. Silver: $1 trillion
4. Bitcoin: $1.8 trillion

Print it out if you like!

Thank you for reading. This takes a lot of time to put together each quarter. If you enjoyed, please consider zapping, and you can also donate to my BTCPay on my website if you'd like to help keep this research going.

Take care.

@ 460c25e6:ef85065c

If you don't know where your posts are, you might as well just stay in the centralized Twitter. You either take control of your relay lists, or they will control you. Amethyst offers several lists of relays for our users. We are going to go one by one to help clarify what they are and which options are best for each one.

Public Home/Outbox Relays

Home relays store all YOUR content: all your posts, likes, replies, lists, etc. It's your home. Amethyst will send your posts here first. Your followers will use these relays to get new posts from you. So, if you don't have anything there, they will not receive your updates.

Home relays must allow queries from anyone, ideally without the need to authenticate. They can limit writes to paid users without affecting anyone's experience.

This list should have a maximum of 3 relays. More than that will only make your followers waste their mobile data getting your posts. Keep it simple. Out of the 3 relays, I recommend: - 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc. - 1 personal relay to store a copy of all your content in a place no one can delete. Go to relay.tools and never be censored again. - 1 really fast relay located in your country: paid options like http://nostr.wine are great

Do not include relays that block users from seeing posts in this list. If you do, no one will see your posts.

Public Inbox Relays

This relay type receives all replies, comments, likes, and zaps to your posts. If you are not getting notifications or you don't see replies from your friends, it is likely because you don't have the right setup here. If you are getting too much spam in your replies, it's probably because your inbox relays are not protecting you enough. Paid relays can filter inbox spam out.

Inbox relays must allow anyone to write into them. It's the opposite of the outbox relay. They can limit who can download the posts to their paid subscribers without affecting anyone's experience.

This list should have a maximum of 3 relays as well. Again, keep it small. More than that will just make you spend more of your data plan downloading the same notifications from all these different servers. Out of the 3 relays, I recommend: - 1 large public, international relay: nos.lol, nostr.mom, relay.damus.io, etc. - 1 personal relay to store a copy of your notifications, invites, cashu tokens and zaps. - 1 really fast relay located in your country: go to nostr.watch and find relays in your country

Terrible options include: - nostr.wine should not be here. - filter.nostr.wine should not be here. - inbox.nostr.wine should not be here.

DM Inbox Relays

These are the relays used to receive DMs and private content. Others will use these relays to send DMs to you. If you don't have it setup, you will miss DMs. DM Inbox relays should accept any message from anyone, but only allow you to download them.

Generally speaking, you only need 3 for reliability. One of them should be a personal relay to make sure you have a copy of all your messages. The others can be open if you want push notifications or closed if you want full privacy.

Good options are: - inbox.nostr.wine and auth.nostr1.com: anyone can send messages and only you can download. Not even our push notification server has access to them to notify you. - a personal relay to make sure no one can censor you. Advanced settings on personal relays can also store your DMs privately. Talk to your relay operator for more details. - a public relay if you want DM notifications from our servers.

Make sure to add at least one public relay if you want to see DM notifications.

Private Home Relays

Private Relays are for things no one should see, like your drafts, lists, app settings, bookmarks etc. Ideally, these relays are either local or require authentication before posting AND downloading each user\'s content. There are no dedicated relays for this category yet, so I would use a local relay like Citrine on Android and a personal relay on relay.tools.

Keep in mind that if you choose a local relay only, a client on the desktop might not be able to see the drafts from clients on mobile and vice versa.

Search relays:

This is the list of relays to use on Amethyst's search and user tagging with @. Tagging and searching will not work if there is nothing here.. This option requires NIP-50 compliance from each relay. Hit the Default button to use all available options on existence today: - nostr.wine - relay.nostr.band - relay.noswhere.com

Local Relays:

This is your local storage. Everything will load faster if it comes from this relay. You should install Citrine on Android and write ws://localhost:4869 in this option.

General Relays:

This section contains the default relays used to download content from your follows. Notice how you can activate and deactivate the Home, Messages (old-style DMs), Chat (public chats), and Global options in each.

Keep 5-6 large relays on this list and activate them for as many categories (Home, Messages (old-style DMs), Chat, and Global) as possible.

Amethyst will provide additional recommendations to this list from your follows with information on which of your follows might need the additional relay in your list. Add them if you feel like you are missing their posts or if it is just taking too long to load them.

My setup

Here's what I use: 1. Go to relay.tools and create a relay for yourself. 2. Go to nostr.wine and pay for their subscription. 3. Go to inbox.nostr.wine and pay for their subscription. 4. Go to nostr.watch and find a good relay in your country. 5. Download Citrine to your phone.

Then, on your relay lists, put:

Public Home/Outbox Relays: - nostr.wine - nos.lol or an in-country relay. - .nostr1.com

Public Inbox Relays - nos.lol or an in-country relay - .nostr1.com

DM Inbox Relays - inbox.nostr.wine - .nostr1.com

Private Home Relays - ws://localhost:4869 (Citrine) - .nostr1.com (if you want)

Search Relays - nostr.wine - relay.nostr.band - relay.noswhere.com

Local Relays - ws://localhost:4869 (Citrine)

General Relays - nos.lol - relay.damus.io - relay.primal.net - nostr.mom

And a few of the recommended relays from Amethyst.

Final Considerations

Remember, relays can see what your Nostr client is requesting and downloading at all times. They can track what you see and see what you like. They can sell that information to the highest bidder, they can delete your content or content that a sponsor asked them to delete (like a negative review for instance) and they can censor you in any way they see fit. Before using any random free relay out there, make sure you trust its operator and you know its terms of service and privacy policies.

@ e31e84c4:77bbabc0

The Fine Line: Bitcoin Companies Navigating Regulation and Freedom was written by Bri. If you enjoyed this article then support her writing, by donating to her lightning wallet: bri_1@walletofsatoshi.com

We all know the value proposition of Bitcoin: Bitcoin cannot be controlled by the state. Bitcoin is permissionless, it doesn't need a KYC and we can send money to anyone in the world, without middlemen, without censorship, without limits.

However, when companies use Bitcoin, and more so when they offer Bitcoin services, their activities are indeed controlled by the state. In order to fulfil the regulatory requirements, companies usually have to employ entire compliance teams.

Bitcoin-only exchanges are probably not better off than crypto service providers, even if one can sometimes hopefully recognise an increasing pro-Bitcoin attitude in the world. The Bitcoin scene recently looked expectantly to Nashville when Trump appeared at the Bitcoin 2024 conference as part of his election campaign. He doesn't really seem to be able to distinguish between Bitcoin and crypto though – in his keynote speech he promised to make the U.S. the ‘crypto capital of the planet’.

Nevertheless, the news that the United States plans to accumulate Bitcoin as a strategic reserve currency made headlines around the world and many Bitcoin supporters are delighted. Bitcoin's negative image could be somewhat corrected and it would certainly also be beneficial for Bitcoin adoption, so the hope goes. And indeed, the price of Bitcoin climbed to new record highs during the US election campaign, reaching its ATH of USD 109,000 when Trump took office on 20 January 2025.

The US announcement of a bitcoin strategic reserve can certainly be described as a historic moment. At the moment, it doesn't seem to be entirely clear whether Bitcoin or crypto, but a number of US states are working on advancing Bitcoin reserves. Whether it is a good thing when nation states start hoarding Bitcoin is another question. After all, from the very beginning and to this day, Bitcoin has been about taking power over money away from the state and giving it to the people.

Back to the Bitcoin companies. Let's assume that someone understands Bitcoin and has even discovered that there are Bitcoin-only exchanges. These companies recognise Bitcoin as sound money, support the Bitcoin community and want to integrate the Bitcoin ethos into their business model in the best possible way. Ouch – that already sounds like a compromise.

The Dilemma – Bitcoin at Heart, Regulation at the Back of the Neck

Bitcoin companies are caught between maximum independence and regulatory requirements. Companies such as Strike, Relai and River aim to make it as easy as possible for their customers to access Bitcoin while at the same time enabling them to maximise their independence from third parties. An important aspect of this is self-custody. Customers have full control over their Bitcoin and can avoid counterparty risks such as exchange failures or government seizures.

In contrast, most providers on the market, such as the major players Coinbase or Binance, rely on classic, centralised structures with full custody - and a large range of digital assets. They are basically fiat companies that offer crypto products.

And then, at the other end of the spectrum, there are projects such as Samourai, Wasabi Wallet or Tornado Cash, which are radically opposed to any form of control. They are developing powerful tools for more financial privacy – in line with Bitcoin's original idea as a decentralised cash system. But this commitment comes at a price: the founders of Samourai Wallet were arrested and the developers of Tornado Cash were prosecuted.

These Bitcoin rebels are putting the limits of state regulation to the test. And they raise the fundamental question: Is privacy an inalienable right or should it be subordinated to the public security interest?

The Middle Ground Builders

Bitcoin-only companies that choose the middle ground play an important role in the bitcoin ecosystem. This is because they appeal to the masses by keeping onboarding simple and often offering a range of interesting services. At the same time, they want to give their customers the greatest possible independence.

But are their business models sustainable? Or do these companies run the risk of being worn down by the balancing act between Bitcoin ethos and state control? How can these pioneers survive in a constantly changing regulatory environment?

It's a balancing act between regulation and Bitcoin values, and it's often a fight for the fundamental rights of not just Bitcoiners but people in general. For example, these companies need to have KYC processes in place to be compliant with the law and allow customers the greatest possible flexibility in their Bitcoin activities.

Some popular Bitcoin-companies and their strategies:

• Strike: Custodial, fast lightning transactions, DCA, bill payments

• Relai: Simple onramp, self-custody, private and business services

• River: Multisig and cold storage, proof of reserves, inheritance

• Unchained: Multisig vaults, DCA, inheritance, loans, retirement, advisory

• Bull Bitcoin: Non-custodial exchange, DCA, bill payments, OTC desk

Typical features of these accounts usually include a KYC check, which allows users to be granted higher buy and sell limits. Many Bitcoin companies offer self-custody wallets and often some also multi-sig solutions that increase security for users. Partnerships with banks or payment service providers facilitate buying and selling and enable services such as the creation of savings plans.

Bitcoin companies face several challenges. Regulatory pressure remains a key concern, as authorities may tighten KYC obligations or introduce new restrictions. Trust is another issue since die-hard Bitcoiners often see these companies as not being consistent enough with Bitcoin's core principles.

Regulatory Framework and Political Influences

USA: Trump's Bitcoin course and the ‘Crypto Czar’

There are currently contradictory signals in the USA: on the one hand, Donald Trump has hinted at using Bitcoin as a strategic reserve (Strategic Bitcoin Reserve, SBR), while on the other hand, regulation is being tightened further. The newly created position of ‘White House AI and Crypto Czar’, presumably conceived in collaboration with Elon Musk, is intended to implement clear rules for blockchain, AI and the crypto market. This is also likely to affect companies that are committed to the Bitcoin ethos.

• Positive signals: Bitcoin is increasingly recognised as a legitimate asset class.

• Regulatory pressure: Stricter regulations could threaten the existence of smaller companies.

• Possible future: If the US promotes Bitcoin as a strategic asset, this could fundamentally change the regulatory landscape.

Europe and Global Developments

• MiCA (Markets in Crypto-Assets Regulation): New EU regulation for crypto companies, requiring strict KYC and AML rules, among other things.

• Restrictive countries: China and India continue to rely on tough regulation or bans.

• Friendly jurisdictions: Countries such as El Salvador or Switzerland offer attractive conditions for Bitcoin companies.

Self-custody of Bitcoin

The so-called ‘Travel Rule’ (Transfer of Funds Regulation, TFR) requires detailed information about the sender and recipient. This makes it more difficult for Europeans to interact with self-custody Bitcoin wallets. For transactions over 1,000 euros, users must prove that they are the owners of these wallets (proof of ownership).

Yet self-custody is a very important aspect of Bitcoin. It is the only way to avoid the risks associated with relying on centralised custodians. Self-custody ensures that you alone have control over your money. The new regulations represent a gradual financial disenfranchisement, which is not only criticised by Bitcoiners. And that is only part of the problem.

The disadvantages of centralised storage of customer assets are well known. Just think of the scandalous examples from the recent past: The fall of the FTX cryptocurrency exchange and the knock-on effects on the cryptocurrency industry or the fraudulent business practices of Celsius, which lost billions of customers' money.

“Not your keys, not your coins.”– Andreas Antonopoulos

However, it is often the users themselves who, consciously or unconsciously, jeopardise their funds. The obstacles to self-custody lie in both technical and practical aspects. Not everyone is willing or able to navigate hardware wallets and multisig solutions. Furthermore, without an adequate backup, there is a risk of losing coins irretrievably.

By keeping their coins in self-custody, Bitcoiners eliminate third-party risk. However, self-custody can be a challenge, especially for beginners. ‘Study Bitcoin’ is more than just a phrase here. Only those who know their way around can protect themselves against errors, misuse and loss.

CONCLUSION

The uncertainties caused by ever-changing regulation in different jurisdictions is a constant challenge for businesses. However, as Bitcoin is increasingly being categorised as harmless by the authorities, pure Bitcoin platforms might face fewer regulatory risks compared to crypto exchanges.

The growing acceptance of Bitcoin and the plans of the United States and other countries to create a strategic Bitcoin reserve may have a positive impact on how Bitcoin companies continue to be treated by regulators. I would, though, like to quote Maya Parbhoe, the Surinamese presidential candidate for 2025, at this point, even if it seems a little off-topic:

“A Bitcoin Strategic Reserve is not the answer.

> The moment a government holds Bitcoin as a reserve, it centralizes control over an asset designed to be decentralized. It strengthens the very system Bitcoin was created to replace.*

> Governments holding Bitcoin do not give power to the people, they give themselves a hedge while continuing to debase their fiat currency. They still print, they still tax, they still control. The people remain trapped in the same system, only now with a government-backed Bitcoin price floor that serves the state, not the individual.*

> Bitcoin was not made to be stockpiled by central banks. It was made to be used. As currency, as a tool of self-sovereignty, as a weapon against state overreach.”*

So let's summarise what we have covered in this article in the spirit of these liberal ideas. The following rules, which have just been created, should be mandatory reading for Bitcoin aficionados until further notice:

The Fine Line: Bitcoin Companies Navigating Regulation and Freedom was written by Bri. If you enjoyed this article then support her writing, by donating to her lightning wallet: bri_1@walletofsatoshi.com

@ 71df2119:9542d9d7

Das Pareto-Team (https://tinylink.net/mIyvf) hat in den letzten Tagen die Unterstützung für Zaps veröffentlicht. Zaps sind Lightning-Transfers über Nostr, die im Pareto an Artikel oder Autoren gesendet werden können. Die aktuelle Umsetzung in der Pareto-App ist als erster Schritt zu verstehen, und es werden weitere Ausbau-Stufen folgen. In diesem Artikel wird die Nutzung des neuen Pareto-Features erklärt.

Artikel Zappen

Auf der Artikel-Seite des Pareto-Readers ist jetzt das Blitz-Symbol unter dem Artikelbild aktiviert. Durch einen Klick erscheint ein Dialog wie dieser:

Im Dialog können verschiedene vorgegebene Beträge ausgewählt oder ein eigener Betrag manuell eingegeben werden. Ein optionales Kommentarfeld steht, wie üblich, ebenfalls zur Verfügung. Nach dem Betätigen der Zap-Schaltfläche verhält sich die App unterschiedlich, abhängig davon, ob der Nutzer eine Wallet-Erweiterung im Browser installiert hat oder nicht. Falls ja, folgt die Interaktion mit der Wallet-Erweiterung, in diesem Beispiel Alby:

Hier kann die Zahlung freigegeben werden, und der Vorgang wird dann von der Software abgeschlossen.

Wenn der Nutzer keine Wallet-Erweiterung verwendet, erfordert der Vorgang weitere Schritte. Statt dem oben gezeigten Dialog erscheint eine Lighting-Rechnung:

An dieser Stelle gibt es mehrere Möglichkeiten: Man kann mit einer Lightning-Wallet den QR-Code einscannen oder die Rechnung in Textform kopieren. Alternativ kann man auch eine Wallet auf demselben Gerät öffnen und die Zahlung dort bestätigen.

Zaps an Autoren

Wie am Anfang erwähnt, können auch Autoren direkt, ohne Artikelbezug, Zaps erhalten. Auf der Profilseite des Autors gibt es neben der neu hinzugekommenen Lightning-Adresse einen Blitz-Button, ähnlich wie auf der Artikelseite:

Durch einen Klick können, ähnlich wie beim Artikel, Zaps an den Autor gesendet werden.

---

Das Zap-Feature in der Pareto-App basiert auf der Community-Bibliothek nostr-zap (https://github.com/SamSamskies/nostr-zap). Wir bedanken uns für den Code und haben mit einer Erweiterung der Funktionalität beigetragen - ganz im Sinne von Open-Source!

---

Ausblick

Wie eingangs erwähnt, sind weitere Ausbaustufen des Zap-Features geplant, darunter:

• Unterstützung für Nostr Wallet Connect für eine nahtlosere Integration und ein besseres Nutzungserlebnis.
• Unterstützung für eCash, Cashu-Nutzaps.

Bleib auf dem Laufenden und folge uns auf unseren verschiedenen Kanälen:

• Nostr: https://tinylink.net/mIyvf,
• Web: https://pareto.space,
• Geyser: https://geyser.fund/project/pareto.

Wir bei Pareto stehen erst am Anfang - nicht ausschließlich bezüglich Zaps!

@ 9171b08a:8395fd65

Rein sat with her back against the cold steel of the jail cell, wrists and ankles bound.

She hadn’t seen light or another human face in almost two weeks. The grinding and whirling of the Guardian’s mechanical gears was the only thing to break the silence, its daily arrival at noon serving as her only reminder of time. It brought her food, but nothing else; not a word, not a gesture of humanity.

In her waking moments, she sat and replayed the events that landed her in jail, and in her slumber, those thoughts morphed into haunting nightmares with specters stalking her in hell. Hell was no longer a distant fear; it had found her. Her fate now rested in the hands of the man she once considered her best friend. Whatever evidence he was putting together would serve to either absolve her or condemn her.

A sharp beam of light pierced the darkness of the jail cell from the cell block entrance. The overhead lights came on, and she stood as David, Rein’s partner and closest friend, appeared before the cell bars.

He stared at his feet and said, “Today's your trial.”

Rein struggled to keep her eyes open from the intense brightness over the overhead lights and said, “That wasn’t nearly enough time to gather evidence.”

David pressed his lips together, eyes fixed on the floor. “I had your back on this, Rein.” Then he shook his head, and as Rein finally overcame the harsh brightness, she noticed he was staring into her eyes. “The evidence is damning. And, well, something pretty terrible has happened that has the government cracking down harder than ever.”

“Something terrible? What happened?” asked Rein.

“I would’ve never thought you were in so deep with this.” He seemed personally outraged when he said, “After everything we’ve been through together, after everything you’ve sacrificed for this city. You’ve been pretending this entire time. I’ve never known the real you.” He scoffed. “Yet there you are.”

“C’mon, David, you don’t actually think—”

David raised a hand and said, “Stop. Don’t try that shit with me. You’re lucky to even be getting a trial.”

Two Guardians entered the cell block and came to parade rest behind David. He opened the cell, and the Guardians stepped in.

“What did you find? What happened?” asked Rein.

The Guardians seized Rein’s shoulders and pushed her forward, past David.

“What did you find, David?” Urged Rein.

David remained silent. He simply watched as the Guardians took her.

A hush fell over the precinct as officers gathered around the flickering television in the corner of the reception room. Flashing across the screen were the haunting images taken from an aircraft of a city on fire, thousands of black silhouettes infiltrating the city walls. The words Shadow Crawlers Strike, Orion Dome In Ruins were emblazoned the bottom of the newscast.

Rein strained against the Guardian’s grasp to try and get a closer look at the screen and gasped, “Chronos have mercy.”

Those standing before the television turned and stared at her. Those seated at their desks stood at the sight of the Guardians ushering Rein through the offices, and within seconds, the precinct was heavy with tension. Everyone she had cared about now gaped at her with a fierce look of betrayal. Though Rein wished she could explain herself with a compelling defense, she could tell she was as good as dead to them.

---

The vehicle transporting her to the courthouse was as dark as the cell she had been locked up in. Rein ground her teeth and stared at the ray of light that shone through the slit in between the vehicle doors, contemplating what she had just seen on the precinct television.

After several minutes of toiling in the darkness with her own thoughts, the vehicle halted, and its doors opened at the hands of the two Guardians who towered over the roof of the hovercraft.

Many of the city people’s eyes, imbued in different shades of red, turned to stare as Rein stepped out. Their gazes were not so much filled with judgment as they were with fear. She stepped onto the walkway with her head sagged, ashamed to look at the very people she had sworn to protect.

Join the furnace of the Empire! Invest in Elius today and be a part of the Industrial heart of Aurial.

Rein clenched her fist as she contemplated the words on the crumpled flyer laying on the sidewalk beside her foot. She couldn’t help but think of what her father had been up to in that city.

She had never paid much attention to the image of the man on the flyer, his arms crossed and his head held high before a massive furnace that sparked embers into the four corners of the paper. The silhouette of a building was portrayed on one corner, a soldier held a weapon on another, the image of a child holding a toy on the bottom right, and a family held up a shirt on the remaining corner.

Those flyers were hung up throughout the precinct offices, inside coffee shops, and gathering places, attempting to attract the wealth that easily found itself in the pockets of the kind of people that lived in Roxis. It seemed to have worked on her father.

But what had he been up to?

Rein never understood why her father had abandoned Roxis for Elius, nor had he ever offered an explanation. As a financial hub, Roxis attracted wealth and intellect, leaving cities like Elius with a rougher class of laborers— many of whom turned to crime to escape extreme poverty and hard work in the very factories exhibited on the promotional flyer.

The city of Roxis had been good to Rein. Though many a passerby would think differently seeing her now with her wrists and ankles shackled as she walked up the steps of the Judgment House. She’d grown to be a God-loving woman and spent most of her adult life protecting the city from criminals the likes of which the people walking by, now, would think she was.

One of the Guardians towering at her side nudged her shoulder, and with the artificial voice generated from within its chest said, “You must move along, Miss Lancer.”

The robot’s hand ushered her forward, and a ray of sunlight nearly blinded her as she gazed upon the Judgment House made almost entirely of glass and marble.

The crest of Aurialian Empire above the entrance of the building made her pause. Her eyes lingered on the star that lay at the center of the red and blue shield of Ariel, the archangel. A character that looked like an angular and unfinished number eight with a line drawn through the middle sat like a crown above the words "Out of God, An Empire", inscribed around the crest of the Aurilian Empire.

The symbol of peace felt like a cruel joke now. She had once sworn to uphold the empire’s sanctity, yet here she was, condemned by it.

Episode 2 coming soon...

---

Thank you for reading!

If you enjoyed this episode, let me know with a zap and share it with friends who might like it too!

Your feedback sends a strong signal to keep making content like this!

Interested in blog posts? Follow @Beneath The Ink for great short stories and serialized fiction.

More short stories you might like from Fervid Fables:

nostr:naddr1qvzqqqr4gupzpyt3kz9079njd5g0fs5rxhtg8g9wdwkdar65kuhaujfyajpetlt9qq2kx6zzdap9s3nnde5hy7f5wej57d2twp54y82h07y

nostr:naddr1qvzqqqr4gupzpyt3kz9079njd5g0fs5rxhtg8g9wdwkdar65kuhaujfyajpetlt9qq2h5etx2fghgumyg3mhjanewgeysa6wdfmrs85l27m

@ 04c915da:3dfbecc9

Here’s a revised timeline of macro-level events from The Mandibles: A Family, 2029–2047 by Lionel Shriver, reimagined in a world where Bitcoin is adopted as a widely accepted form of money, altering the original narrative’s assumptions about currency collapse and economic control. In Shriver’s original story, the failure of Bitcoin is assumed amid the dominance of the bancor and the dollar’s collapse. Here, Bitcoin’s success reshapes the economic and societal trajectory, decentralizing power and challenging state-driven outcomes.

Part One: 2029–2032

• 2029 (Early Year)\ The United States faces economic strain as the dollar weakens against global shifts. However, Bitcoin, having gained traction emerges as a viable alternative. Unlike the original timeline, the bancor—a supranational currency backed by a coalition of nations—struggles to gain footing as Bitcoin’s decentralized adoption grows among individuals and businesses worldwide, undermining both the dollar and the bancor.

• 2029 (Mid-Year: The Great Renunciation)\ Treasury bonds lose value, and the government bans Bitcoin, labeling it a threat to sovereignty (mirroring the original bancor ban). However, a Bitcoin ban proves unenforceable—its decentralized nature thwarts confiscation efforts, unlike gold in the original story. Hyperinflation hits the dollar as the U.S. prints money, but Bitcoin’s fixed supply shields adopters from currency devaluation, creating a dual-economy split: dollar users suffer, while Bitcoin users thrive.

• 2029 (Late Year)\ Dollar-based inflation soars, emptying stores of goods priced in fiat currency. Meanwhile, Bitcoin transactions flourish in underground and online markets, stabilizing trade for those plugged into the bitcoin ecosystem. Traditional supply chains falter, but peer-to-peer Bitcoin networks enable local and international exchange, reducing scarcity for early adopters. The government’s gold confiscation fails to bolster the dollar, as Bitcoin’s rise renders gold less relevant.

• 2030–2031\ Crime spikes in dollar-dependent urban areas, but Bitcoin-friendly regions see less chaos, as digital wallets and smart contracts facilitate secure trade. The U.S. government doubles down on surveillance to crack down on bitcoin use. A cultural divide deepens: centralized authority weakens in Bitcoin-adopting communities, while dollar zones descend into lawlessness.

• 2032\ By this point, Bitcoin is de facto legal tender in parts of the U.S. and globally, especially in tech-savvy or libertarian-leaning regions. The federal government’s grip slips as tax collection in dollars plummets—Bitcoin’s traceability is low, and citizens evade fiat-based levies. Rural and urban Bitcoin hubs emerge, while the dollar economy remains fractured.

Time Jump: 2032–2047

• Over 15 years, Bitcoin solidifies as a global reserve currency, eroding centralized control. The U.S. government adapts, grudgingly integrating bitcoin into policy, though regional autonomy grows as Bitcoin empowers local economies.

Part Two: 2047

• 2047 (Early Year)\ The U.S. is a hybrid state: Bitcoin is legal tender alongside a diminished dollar. Taxes are lower, collected in BTC, reducing federal overreach. Bitcoin’s adoption has decentralized power nationwide. The bancor has faded, unable to compete with Bitcoin’s grassroots momentum.

• 2047 (Mid-Year)\ Travel and trade flow freely in Bitcoin zones, with no restrictive checkpoints. The dollar economy lingers in poorer areas, marked by decay, but Bitcoin’s dominance lifts overall prosperity, as its deflationary nature incentivizes saving and investment over consumption. Global supply chains rebound, powered by bitcoin enabled efficiency.

• 2047 (Late Year)\ The U.S. is a patchwork of semi-autonomous zones, united by Bitcoin’s universal acceptance rather than federal control. Resource scarcity persists due to past disruptions, but economic stability is higher than in Shriver’s original dystopia—Bitcoin’s success prevents the authoritarian slide, fostering a freer, if imperfect, society.

Key Differences

• Currency Dynamics: Bitcoin’s triumph prevents the bancor’s dominance and mitigates hyperinflation’s worst effects, offering a lifeline outside state control.
• Government Power: Centralized authority weakens as Bitcoin evades bans and taxation, shifting power to individuals and communities.
• Societal Outcome: Instead of a surveillance state, 2047 sees a decentralized, bitcoin driven world—less oppressive, though still stratified between Bitcoin haves and have-nots.

This reimagining assumes Bitcoin overcomes Shriver’s implied skepticism to become a robust, adopted currency by 2029, fundamentally altering the novel’s bleak trajectory.

@ 85bdb587:7339d672

Marty's Bent

Since mid-2022 the Fed has been reigning in its balance sheet via a process called quantitative tightening (QT), in which they allow some of the debt assets they hold to come to maturity without reinvesting in them. This leads to a reduction in the Fed's balance sheet and is done to remove the excess liquidity introduced to the markets during the COVID crisis so that inflation can be reeled in. On top of this, the Fed is hoping that the extraordinary measures it took to step in during a time of crisis allowed the banking system to get their houses in order in preparation for a period of relatively tighter liquidity. Ideally, everyone took the time and effort to clean up their balance sheets, properly manage their duration risk, and get themselves on solid footing to move forward without the Fed stepping in to prop up the market.

At its peak, the overnight reverse repo facility had around $2.36T of liquidity in the form of debt instruments like treasuries and mortgage backed securities available to banks, money market funds and certain government enterprises. These entities lend the Fed cash for these instruments and get interest back in return. This acts as a mechanism the Fed can leverage to keep short-term rates in line with wherever their targets are at any given point in time. Over the last ~13 quarters the Fed has been slowly but surely letting these markets drain and, as of last Friday, they currently sit at $70.8B. At its current pace the reverse repo facility should be completely drained by the end of next month or beginning of April.

The question on everybody's mind is, what happens once the reverse repo markets are empty?

The last time the Fed embarked on QT was in October 2017. It drained the reverse repo over the course of a little less than two years before the market was drained and the overnight rates in the market spiked into the low teens in September of 2019. Many don't remember this, but it was a "holy shit" moment that forced the Fed to create new facilities overnight to band aid over the hemorrhaging. Coincidentally, a few months later COVID would overtake the world and the Fed had a convenient excuse to double the monetary base well above $6T.

If September 2019 is an example of exactly what happens when the reverse repo market drains, we may be in for a liquidity crunch. However, the Fed is posturing that it has learned its lessons from the 2019 rate spasm and has adjusted some things accordingly to ensure a smoother transition from a state of excess liquidity to a state of significantly less liquidity. Particularly, more control over SOFR and how it interacts with this market. If we reach the point where the reverse repo markets have been successfully drained without a 2019-like spasm, the Fed will then move on to the excess liquidity sitting on the balance sheets of commercial banks and continue their journey to try to reel in inflation.

President Trump certainly isn't making the Fed's job easier with promises of lower domestic taxes and the levying of aggressive tariffs, which could both be inflationary. I'm sure Jerome Powell is praying that DOGE continues their swift work and gets the signal out to markets that the US government is committed to getting its fiscal house in order to make treasuries more appealing to the market so that rates can float down.

I have no idea exactly what is going to happen, but I have a feeling that a liquidity crunch is on the horizon. It may not be once the reverse repo market is drained. I would not be the least bit surprised if the work the Fed has done behind the scenes to ensure a spasm like we experienced in 2019 doesn't happen is successful. Though, it likely only buys some time and delays the inevitable. As my good friend Parker Lewis likes to say, "There's too much debt and not enough dollars." At some point, QT will hit a point where it cannot be sustained because too many dollars have been pulled out of a system with ever increasing amounts of debt that need to be serviced with dollars. Whether it happens when the reverse repo market is drained or at some point after the Fed starts unwinding the excess liquidity on bank balance sheets isn't really that important.

We're getting early warning signs that a liquidity crunch may be near with the mad dash for bringing physical gold into the US, the VIX spiking above 20 earlier today and bitcoin "crashing" toward $90,000. Volatility is increasing at a time when the reverse repo market is almost tapped and the world is a bit uncertain as it tries to figure out the ramifications of Trump's blitzkreig his first month in office.

For those scratching their heads about the price of bitcoin falling during a time like this, it is pretty typical. Bitcoin is traded 24/7/365, has a ton of liquidity, and is easy to buy and sell. When markets sense volatility, bitcoin is usually one of the first assets to be sold off as investors try to sure up their cash balances and pay off debts. It is usually the first and quickest to move lower, but also the first and quickest to move higher when the dust has settled. I find it hard to believe that the price of bitcoin will stay down long if it falls considerably.

The fundamentals have never been stronger and too many people have been waiting for an opportune buying opportunity to pass it up. The question is how many of those looking for a buying opportunity will have dry powder and be liquid if and when it happens.

Bitcoin's Institutional Moment: Big Players Are Entering the Game

Bitcoin's journey into mainstream financial markets is accelerating. During our conversation last week, Peruvian Bull highlighted several key milestones, including Abu Dhabi's $430 million position in Bitcoin ETFs and regulatory progress with the SEC's SAB 122, which now allows banks to custody Bitcoin. This fundamental shift isn't just about price – it represents a structural change in how traditional financial institutions view Bitcoin as a legitimate asset class.

"This is a massive opportunity for bitcoin companies - go start a custody service and get a bunch of bitcoiners together and teach institutions how to safely custody their bitcoin." - Peruvian Bull

As I've observed through our work at Ten31, there's a growing recognition that a Bitcoin treasury strategy makes sense for both public and private companies. We're seeing this with MicroStrategy, Tesla, Bitcoin miners, and potentially GameStop. More importantly, the infrastructure is being built by major institutions like State Street and Citibank to support this adoption. While gold has the established financial plumbing, Bitcoin's institutional rails are being constructed rapidly, setting the stage for the next wave of adoption.

TLDR: Major institutions building Bitcoin infrastructure signals mainstream adoption

Check out the full podcast here for more on gold market disruptions, GameStop's potential Bitcoin strategy, and the looming debt crisis that's creating perfect conditions for Bitcoin adoption.

Headlines of the Day

El Salvador Boosts Bitcoin Reserve - via X

Jamie Dimon Sold $233.7M in JPM Stock - via X

Montana, North Dakota, and Wyoming Rejected Bills for SBR - via X

Bitcoin Lesson of the Day

Bitcoin uses cryptographic keys to secure transactions. A private key, a secret random number, allows you to spend bitcoin, while a public key, derived from the private key, is used to receive bitcoin.

The public key is hashed and encoded into a Bitcoin address (e.g., 1A1zP1eP5QGefi2DMPTfTL5SLmv7DivfNa), a shorter, user-friendly string shared to receive funds. Private keys must be kept secure—losing them means losing access to your bitcoin, and anyone with your private key can spend it.

Addresses are generated from public keys via hashing (SHA-256 and RIPEMD-160) and include a checksum for error detection. Bitcoin wallets manage these keys, often using seed phrases to recover them. Understanding keys and addresses is fundamental to securely using Bitcoin.

Full Learnmeabitcoin.com post here

ICYMI Fold opened the waiting list for the new Bitcoin Rewards Credit Card. Fold cardholders will get unlimited 2% cash back in sats.

Get on the waiting list now before it fills up!

$200k worth of prizes are up for grabs.

Ten31, the largest bitcoin-focused investor, has deployed $150M across 30+ companies through three funds. I am a Managing Partner at Ten31 and am very proud of the work we are doing. Learn more at ten31.vc/funds.

@ a1c19849:daacbb52

Details

• ⏲️ Prep time: 20 min
• 🍳 Cook time: 4 hours

Ingredients

• 1kg of chicken thighs
• 3 large onions
• 1 tablespoon garlic powder
• 2 tablespoons brown sugar
• 1.5 dl Ketjap Medja
• 0.5 liter chicken broth
• Pepper
• Salt
• Nutmeg

Directions

1. Cut the onions and sauté them
2. Add the chicken thighs in pieces and bake for a few minutes
3. Add the garlic powder and the brown sugar and bake for a short time
4. Add the ketjap media and the chicken broth
5. Add some salt and pepper and nutmeg and let it simmer for 3 to 4 hours
6. Make sure all the moist evaporates but make sure it doesn’t get too dry. Otherwise add some extra chicken broth
7. Bon appetit!

@ 6e0ea5d6:0327f353

Ascolta bene, amico mio. The type of woman you choose reflects the type of man you truly are—or the one you hide from being.

Don't deceive yourself: your choices are a mirror of your essence. If you constantly get involved with women who drag you into chaos, who manipulate or belittle you, that says more about your weaknesses than about theirs. Chi sceglie male, paga il prezzo.

You cannot blame fate or the woman for your decisions. The responsibility is yours. If you are foolish enough to be swayed by superficial beauty or the need for approval, you are digging your own ruin.

A real man, before loving, learns to understand women—not just one, but many. He observes, understands their motivations, and learns to distinguish between those who add value and those who destroy.

If you choose wrong, don't blame the world. Cazzo! The mistake was yours, and so will be the consequence. Needy men, who let themselves be trapped by the first woman who offers crumbs of attention, end up being shaped by their circumstances. "La donna non ti fa cane; sei tu che ti fai cane." By choosing a woman without character, you reveal your own lack of discernment and courage. And, my friend, if you fear being alone, remember: loneliness next to the wrong woman is far more bitter.

If you seek respect, start by choosing wisely. Those who cling blindly, out of fear or necessity, are doomed to suffer. Own your choices, learn from your mistakes, and be selective. The world does not forgive the weak, and excuses will not redeem your weakness.

Thank you for reading, my friend!

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

A toast to our family!

@ 4d41a7cb:7d3633cc

Money is more abstract than most people think, as I will show in this article. Debt slavery stems from financial illiteracy, which occurs intentionally. The biggest secret is how bankers actually create currency claims out of thin air and transfer the wealth of their clients (including nation states) to themselves for free without risking a cent, real money, or currency.

MONEY

Money, one of the most important things in our lives, is so important that we exchange wealth to obtain it. Not because we want it but because we need it in order to buy food, shelter, clothes, etc.

Money is not inherently bad, although some may argue that the love for money is the root of all evil, and I'll agree. If you are willing to sacrifice your soul, honor, reputation, family, or friends for money, it indicates a lack of morality and a willingness to engage in harmful actions to satisfy your greed and materialistic desires.

Money is a technology, a tool, and like any tool or technology, it is impartial; it cannot be inherently good or bad. It can be used to help others or to destroy them. At the end of the day, it’s all about the intention behind human behavior.

Money is not just a useful tool; it’s the most important tool to have for global commerce, division of labor, specialists, and the level of sophistication and comfort we achieve as humanity. All of this will not be possible without this tool working as a common medium of exchange and standard of value, a common language for all humanity: the language of monetary value.

Money is the cornerstone of civilization. Money is the bloodstream of commerce, and commerce is the spine of civilization; it’s what made our civilization so prosperous, letting any one of us decide how we want to provide value to society.

Money is half of every transaction, and since we will always need to intermediate between every exchange, money is the perfect intermediary to help achieve millions of different combinations of exchanges. It will be practically impossible to barter on a global scale; even in a small community with a few different products, it will be a mess.

For example, if there were 10 products, there would be 45 combinations; if there were 100, there would be 4950 combinations. Imagine a scenario on a large scale, requiring the exchange of hundreds of thousands of products every second..

This issue necessitated the development of a new technology: money, which in turn led to the emergence of moneychangers (v4v). Money is a tool to exchange, measure, and store wealth. Wealth is anything we can sell: our labor (time and energy), our house, a car, a product, a service, etc.

Gold and silver were money for thousands of years because of their unique characteristics of scarcity, durability, divisibility, and transportability. The most important characteristic of these metals is that they are scarce, and they can’t be created out of thin air or reproduced with no effort.

Only God can control the supply of gold and silver found in nature. Men can only extract it, and it requires investment, work, time, and effort to find and mine it. So the common knowledge and the common sense of the people over thousands of years consensually chose gold and silver as money. And this money is the only lawful money under common law.

“Gold is money, everything else is credit”

J.P. Morgan 1912

As an interesting fact, the word "money" is used 140 times in the King James Bible, the word "gold" is mentioned 417 times, and the word "silver" over 320 times. But the word “currency” is not mentioned a single time.

The most important function of money is to exchange and store your time and energy. You work to acquire money and then use that money to acquire other goods and services.

Our time and energy is our real wealth because it’s limited. We all have a limited time on earth, and we can do certain things in the 24 hours we have every day, so we have to be conscious about how we administrate and store the fruits of our labor.

Money is a means to an end; we don't want money; we want what money can buy, and guess what, money cannot buy more time.

CURRENCY = FAKE MONEY

Currency exists as a money substitute. Currencies began as the opposite of money, the promise to deliver money in the future: debt. Currencies can be used to exchange wealth, but they are not a fair unit of account and are never a good way to store it because men are tempted to create more and dilute its value (a process known as inflation)

Currencies have almost all the same characteristics of money, but there’s a big difference: currency is not scarce and durable. Missing the store of value characteristic of money, since its supply can be manipulated by men.

For wealth preservation and measuring, modern currencies make no sense. Men control the supply of currency; banks and governments can inflate or deflate it in any amount they please, giving them supreme power and control over wealth distribution. This creates two classes of citizens: those who work to acquire currency and those who create it instantly and for free.

International banks have stolen money (gold and silver) over the past century, replacing its supply with currency or fake money (paper receipts). [1913, 1933, 1944, 1971]

Under this monetary game, those with "fixed income," savers, and creditors are the biggest losers, while debtors and asset owners are the winners..

The most important distinction to keep in mind is that nature controls the money supply, making artificial inflation impossible. On the other hand, men can inflate currency in unlimited amounts. It is a manifestation of God's power on earth, as the mediums of exchange serve as the lifeblood of commerce, the backbone of our economic system, and facilitate the division of labor.

If someone can inflate the currency supply, this has the same economic effect as counterfeiting, and he’s effectively stealing from everyone contracting, trading, and saving in that currency. Manipulating the mediums of exchange in an economy enables manipulation of every security, industry, and business.

This is the reason the founding fathers of the United States made gold and silver only lawful money for the payment of debts. To give everyone equal protection under the law and to get rid of the nobility and two types of citizens: bankers and workers or nobles and plebeians.

Bank-notes are not money. It 's currency. It’s unfair to take banks' currency as a standard for comparison.

Bank-note currency is not “lawful money”. It never could be counted as part of banks cash reserves. It would be too much like a man writing and signing his own promissory note for a million and then claiming that this made him a millionaire.

The very grave evils any currency depreciation always impose upon businesses and the people.

Alfred Owen Crozier, US Money vs Corporate currency, 1912

So money has three very important functions that work as the pillars on which the wellness of our economic system and civilizations relies. Currency is not a store of value because its supply can be easily manipulated, men in power can create more of it, and so using this always-changing currency as a standard of value or a unit of account is like using an always-changing ruler to measure distance. A dollar today does not buy the same as a dollar one year ago. So yesterday prices are not equal to today's prices; this is an unfair business calculation.

So money has three very important functions that work as the pillars on which the wellness of our economic system and civilizations relies. Currency is not a store of value because its supply can be easily manipulated, men in power can create more of it, and so using this always-changing currency as a standard of value or a unit of account is like using an always-changing ruler to measure distance. A dollar today does not buy the same as a dollar one year ago. So yesterday prices are not equal to today's prices; this is an unfair business calculation.

There are several Bible verses that discuss the manipulation of weights and measures, emphasizing the importance of honesty and fairness in commercial dealings.

1. Leviticus 19:35-36 New International Version (NIV): "Do not use dishonest standards when measuring length, weight, or quantity. Use honest scales and honest weights, an honest ephah, and an honest hin.

2. Deuteronomy 25:13-15: Do not have two differing weights in your bag—one heavy, one light. Do not have two differing measures in your house—one large, one small. You must have accurate and honest weights and measures.

3. Proverbs 11:1—"A "dishonest scale is an abomination to the Lord, but a just weight is his delight."

Fake money (currency) is always and everywhere a dishonest scale. So if you want a real measure of value or wealth use something with real value instead, like gold, commodities, products, times, etc.

Bankers have redefined the word money to mean fake money, currency, or debt. And this is not the worst part. Let’s introduce another concept: credit.

CREDIT = FAKE CURRENCY

Real credit is the promise to pay money in the future. It involves delaying the payment of money. Currency was born as credit, as a money certificate or receipt. During the last century, banks gradually replaced 100% of the money with currency and bank credit to further boost their profits and control. [1913, 1933, 1944, 1971]

But in order to achieve this goal, bankers redefined the word money to mean the opposite of money: credit/debt. This is like calling a night a day or evil a good.

When you take out a loan from a friend, you receive credit from him, but you also incur a debt with him. You promise your friends that you will pay them (asset/right), and you owe them (liability/obligation). The asset and the liability are one and part of the same deal; they cannot exist without the other. There’s no credit with no debt, no debt with no credit, and no liability with no asset.

Federal Reserve notes, commonly known as “dollars,” are a private corporate currency; they are not money because they are not gold or silver, nor receipts for these metals as many people still believe. They were not redeemable in money from the start, despite being created under the assumption.

The “peso” (Spanish word for weight) used to be a standardized amount of gold or silver, but it’s not any more; it's just a debt denomination. And what's owing? Currency. How can someone lend the opposite of money and charge interest? Only deceiving you into believing that he is lending you money. So they redefined the word money to mean the opposite of it.

But redefining words does not change the economic effect of the transaction.

When currencies first appeared, I can imagine people asking themselves, "How can people trust these paper certificates in exchange for their money?" Who will be that stupid?” And nowadays, people don’t understand the difference between money and currency, to the point that bankers redefined the word "money" to mean the opposite of "money."

Lesson: Money is not just a medium of exchange; it is also a store of value and a unit of account. Currency, the opposite of money, is debt. Since it can be created in unlimited amounts, it can't work as a store of value because its value depreciates as more units are created; for this same reason, it is not fair to denominate values in currency units since one currency unit today does not buy the same as a year ago because of inflation, the loss of purchasing power.

Summarize: While money, currency, and credit all serve as effective mediums of exchange, only money serves as a reliable store of value for saving. Currency and credit are not stores of value (not good to save), and there are not fair units of account (not good for price).

In simple terms, money is not currency, because currency is just credit and debt. We can conceptualize it as a ledger, a record of who owes what to whom. Currency is fake money since it’s the opposite of a store of value; it's always depreciating in value while its supply is inflated. This is the definition of inflation.

Modern credit is not currency; it’s the opposite. It’s the promise to deliver currency in the future, the promise of a promise of money (in theory). But there’s no money behind. It’s an air loan.

But how did we get here? Is everyone stupid? No, we have been tricked, manipulated, and dictated to use these currencies, and this banking system was forced on us. They stole our money and replaced it with fake substitutes to boost their profits.

MODERN MEDIUMS OF EXCHANGE = MONOPOLY MONEY

So nowadays we have fake money acting as cash/currency and fake currency acting as bank deposits or credit. One is worse than the other, but both of them serve only as mediums of exchange. Those who store wealth with them will be robbed, and those who calculate business will be lied to.

Today we use currencies (government notes), coins, bank deposits (currency claims), checks (bank deposit claims), credit cards, and debit cards. All of them are ‘monopoly money’ fake claims based on a big and global fraud.

• Government notes (government debt)

Since governments are under the control of central banks, they can only create currency by borrowing. Governments must issue bonds, or debt, and the central bank can generate credit, or currency, to purchase these bonds.

The bond (government liability) is the counterpart of the ‘asset’ (the currency, a central bank asset). Bonds are debt, and currencies are credit.

When the central bank creates currency to lend it to the government at interest, it has literally the economic effect of transferring the wealth of the nation to the banks for free. The banks are not lending anything that they had to labor to produce; instead, they are creating it by printing paper notes or digital currency.

On the other side, governments have to collect money from citizens (producers, merchants, and workers) to pay the interest on the debt.

Despite their best efforts, governments are unable to repay the debt due to interest, which makes it bigger than the amount of currency. Let’s say the debt is 100 at 1% interest. So there’s only 100 in currency. But at the end of the year, there’s going to be a debt of 101. In order for the system to keep working, someone else has to go into debt to create more currency units, and governments have to keep borrowing and at least only paying the interest and rolling the debt.

The important thing is that if you have government currency debt free, you own it. This is the new ‘money.’. Government currency is the ‘real’ cash, liquidity, or water.

• Bank deposits (bank debt)

When you deposit your government currency in the bank, you are legally lending your currency to the bank, and the bank owes you the amount you deposit. This currency is not stored by banks until you request it. Banks use this currency as if it were theirs, and they do business with it. That’s why I said, ‘Your money in the bank’ is not yours; it’s not money; it’s not in the bank. Its currency, its owe to you, is only registered on the bank ledger as a debt, not in a safe box.

The numbers you get in the bank account, or your balance, are government currency substitutes; they are bank deposits. Your currency deposit is the asset, and the number on your bank account balance is the liability.

But this is not the worst part. Banks lend around 10 times more currency than they have in deposits. So banks have more liabilities than assets (they are literally broke).

People often treat bank deposits, also known as government currency substitutes or bank tokens, as legal tender, allowing banks to create them arbitrarily and 'lend' them to unsuspecting clients who mistakenly believe they are receiving currency.

This is possible only because the bank's deposit has equal cash value.

Government bonds, government currency, and bank deposits have equal value. But they are not the same.

All of them have counterparty risk, but cash, or government currency, is better or safer than bonds or bank deposits. If interest rates rise, the value of bonds can decrease, and default on bank deposits can result in total loss, a scenario that has frequently occurred.

Keep in mind that bank deposits represent the bank's debts, also known as liabilities. Business activities and risk-taking make your currency unsecured, and they don't compensate you enough for the loan and risk.

• Debit cards (bank deposit transfer)

Your bank deposit is your right to get your currency back. When you use a credit card to buy something, you are transferring that right to the seller so he can redeem that bank token for currency if he wishes.

But you have to have had a deposit before you can spend it or transfer it.

• Checks (bank deposit transfer)

The same applies to checks. Your bank deposit is your right to get your currency back. When you use a check to buy something, you are transferring that right to the seller so he can redeem that bank token for currency if he wishes.

• Credit card (bank deposit creator)

Credit cards are different. When you use a credit card, you are creating a bank deposit backed by your promise of paying it back. By allowing the bank to create a currency substitute out of nothing and charge you high interest, you are essentially working for them for free.

Not only this, but you are also letting them collect fees from the payments processing that cost them nothing and support their fake money as a medium of exchange.

Using credit cards is literally voting for financial slavery. This is why companies make credit cards so convenient and offer benefits, with the intention of incentivizing and pushing people into the debt slavery system.

BANKS = MONEYCHANGERS

‘Loans’ = exchanges

The history of money is the history of moneychangers, money dealers, or bankers. Money is an inanimate object. Bankers are alive; they are the ones in charge of making the money, currency, and credit flow or stop.

They have been in existence for thousands of years, from Egypt to Rome, where Jesus Christ himself threw them out of the temple and called them thieves, and he was not wrong.

Moneychangers played a crucial role in facilitating trade by exchanging different forms of currency and commodities. The profession of moneychangers evolved over time, particularly during the Roman Empire and the Middle Ages when various currencies were in circulation. In these times, moneychangers would set up shop at markets or public spaces to provide their services and help merchants convert their money into a form that could be used for transactions with other traders. As banking systems developed over time, the role of moneychangers expanded to include more complex financial services.

Today, moneychangers are still an essential part of the global economy, helping people exchange currencies and facilitating international trade.

The Knights Templars were a Christian military order established in 1119 who played a crucial role in the establishment of the financial system in medieval Europe. They established a gold-backed credit system that laid the foundation for the modern banking system. Their financial services included deposit accounts, loans, and even a form of early traveler's checks.

The history of the goldsmiths starts around 700 years ago in the year 1327. The company became responsible for hallmarking precious metals and played a significant role in regulating the quality and authenticity of gold and silver items. In exchange for written acknowledgments or "receipts," they also provided gold deposit services.

Both groups played significant roles in the development of these early financial instruments, with goldsmiths issuing written acknowledgments for deposited gold and the Knights Templar establishing banking institutions that facilitated the use of such receipts as a form of payment.

This is a brief summary of the beginning of the moneychangers and how they discovered how to multiply money with paper receipts, better understood as counterfeiting. We now refer to it as fractional reserve banking, and let me tell you something: it's based on fraud.

Not only do they create bank deposits when you deposit currency, but they also create them when you "take a loan." Banks do not lend money, and they do not lend currency; they lend bank deposits (bank tokens/IOUs/currency substitutes/ paper receipts).

Banks had to redefine the word money to mean the opposite of money (debt) to trick the people. How can you lend the oposite of money and expect to be paid back plus interest? This took them thousands of years to achieve.

The fact is that this is not a loan but an exchange. When you take a loan, you sign a contract that creates a promissory note, which is your promise to pay. The bank then takes this promissory note, without your permission (steals), and sells it for cash (if you requiere it) or government bonds (to earn interest).

Your promissory note has equal value to cash and government bonds. And banks always need an asset to create a bank deposit (liability). So the banks literally steal your asset (promissory note) and sell them to create IOUs that they will ‘lend’ to you.

They ‘lend’ the oposite of money and call it a loan. The truth is that they are acting as moneychangers, and they are exchanging your IOU (promissory note) for a bank IOU (bank deposit) without your permission and pretending that you pay it back, but they never pay back theirs…

How is this possible? This is only possible because most people treat bank deposits (bank tokens, IOUs, and debts) as a medium of exchange because they trust the banks.

This is the root of inequality under the law. While one group can create IOUs from nothing and steal others, the other must work for them or exchange wealth.

If this bank defaults, its IOUs quickly vanish. This is a mathematical certainty; that’s why banks that are 'too big to fail' demand bailouts. Every bank is bankrupt since they have 7–10 times more liabilities than assets, and the assets they have are not theirs but their clients' assets. The only thing that keeps them alive is the trust of the public and the bailouts of the government.

This is legalized slavery and theft. There’s no other name. Banks own every industry, government, public figure, actor, etc. They have the power of God on earth, and it's time to stop them.

If we let the bank take our wealth for free, we will end up bankrupt, and they will end up owning everything. Every medium of exchange nowadays is an IOU or an IOU of an IOU. Ultimately, it is mathematically impossible to repay all of those IOUs, and banks pretend to keep all the assets.

Check: IOU = deposit; IOU = cash; IOU = bond; IOU + interest

The only way this system can continue is to keep creating new IOUs to pay the old ones, but even then (as it has been for over a century), the value of those IOUs keeps falling, causing hyperinflation.

If banks and governments want to ‘avoid’ (imposible) or relent to hyperinflation, they need to incur a great confiscation. So heads you lose, tails they win, playing this game doesn't make any fucking sense.

Buy Bitcoin, self custody, and fuck the government and the banking system.

Live free or die trying.

@ 9171b08a:8395fd65

For the price tag on this room, I would've thought my death bed would be more comfortable. Since I've been admitted I've been in a perpetual state of discomfort despite the medicine that is supposed to keep me numb. The room is dark and I'm alone with the sounds of industry that keep this planet churning through the expanse of space.

The unease goes deeper than the surface, beyond the 1000 thread count Earth cotton grating against my skin, deeper than the cracking sinews of my muscles, it lurks in the wake of the vibrations of my heart as it throbs its final throbs.

The holoscreen comes to life at a thoughts command and quickly my unease turns to irritation as my name crawls across the screen. A woman points to the very hospital where I lay and expresses her sorrow as "One of the greatest men of this era awaits his death."

I suppose it couldn't come quicker. I shut off the holoscreen. Plunge myself back into the darkness and simply watch the shadows of the freighter transports cast through the opaque vinyl shutter as they pass by.

The light comes on. It blinds me and all I can hear are the footsteps that approach. The heels clatter loudly, soles of well made shoes. Expensive, probably Earth made like my sheets.

"You don't have to go through with this old man." I know the voice well. My mentee, the man I've groomed to take over my empire speaks again, "It's not too late to take the regenerons. You'd be looking younger than me within the week."

I don't care to explain myself. I turn away from him and he mutters something else then reaches over and rests a vase on the table in front of me.

Inside the vase float two scarlet tulips within a bouquet of gypsophila. The flowers smell freshly cut, a scent that instantly freshens my soul and harkens to a time before anyone could imagine I'd be known as "one of the greatest men of the era."

My mentee speaks, but his voice is nothing more than the ruffling of my sheets as I sit up and draw closer to you.

Precious tulips.

Tulips like these, I picked in the endless fields of Verduia. I, like the others who'd been bred to work on that planet, toiled away endless days to pick flowers just like these for affluent people just like me at this very moment.

I was never supposed to have the life I've lived. My biology was built to pick and die. To work, stay poor, and keep my head buried in the fields, that was my purpose.

I worked hard. My hands pruned and nurtured roots in the dark soil. But I loved harder. The memory of your marble skin against the thick layer of dirt beneath my nails will never fade. I've amassed a wealth that is the envy of entire solar systems, but the memory of you is richer.

My tulip, my eternal blossom. I'd run away from the task masters with you and hide in the tall sunflower fields where we'd make love.

People like us weren't meant to be in love. When you passed, I felt no greater discomfort. I thought wealth could fill that void. It hasn't. Not even a millennia since could wash away the memory of you. Only the closure of time, the death of me can remove this ever long dread. Here the need to revive the feeling only you could inspire ends.

-Art By Surenja Rajawat- Find him on instagram @suren.rajawat

@ 378562cd:a6fc6773

Bitcoin is an incredible innovation, a financial revolution, and an obsession for many. The idea of decentralization, financial sovereignty, and the potential for life-changing gains make it easy to get sucked into the never-ending cycle of price checks, news updates, and technical analysis. But here’s the reality: dedicating every waking moment to Bitcoin—or anything, really—is not sustainable. It’s not healthy. You need to breathe. You need to live.

The Trap of Constant Focus

It starts innocently enough. You buy your first bit of Bitcoin. You check the price. Then you check it again. Before long, you’re spending hours reading articles, listening to podcasts, watching charts, and diving into the latest market trends. The highs of a bull market fuel your excitement; the lows of a crash send you spiraling into despair. And soon, it consumes you.

If you’re not careful, Bitcoin can become an all-encompassing mental trap, a black hole that sucks in every moment of your free time. You think about it when you wake up. You refresh your portfolio at lunch. You browse Twitter threads before bed. It’s an addiction that disguises itself as productivity. But the truth? It’s draining you.

The Case for Letting Go

Let’s be real—Bitcoin should not be your entire life. Your well-being, relationships, and overall happiness depend on balance. Financial freedom is meaningless if you sacrifice your health, your connections, and your experiences along the way. Here’s why you need to step back:

1. Your Brain Needs a Break—Constantly thinking about Bitcoin puts you under heightened stress. Markets are volatile, and living in reaction mode is exhausting. Give your brain space to rest, reflect, and reset.

2. The Sun Exists—go Enjoy It. Get outside, walk, breathe fresh air, and touch some grass, literally. Sitting in front of a screen tracking prices all day is not fulfilling.

3. Love and Human Interaction Matter. Your most valuable asset is not Bitcoin—it’s the relationships you build. Spend time with God, with friends, family, and loved ones. Share experiences. Have deep conversations that don’t involve blockchain technology.

4. Automation is Your Best Friend – Here’s a secret: You don’t need to manually buy Bitcoin every day or even every week. Set up an automated buying schedule and forget about it. Whether it’s once a week, biweekly, or monthly, let technology do the work while you focus on living.

5. There’s More to Life Than Financial Gains – Wealth is important, but so is joy. Read a book. Pick up a hobby. Travel. Laugh. Life is happening all around you—don’t miss it because you’re staring at a screen.

Finding a Healthier Approach

Bitcoin can be part of your life without becoming your life. Set boundaries. Schedule specific times to check in on the market, but outside of those moments, let it go. Treat it like any other long-term investment—buy, hold, and forget. Trust the process without obsessing over every tick in the chart.

Most importantly, remember: You are a human being, not just an investor. You are here to experience, to love, to learn, and to grow. Bitcoin will be there whether you’re watching or not—but life won’t wait.

So step away. Breathe. Live.

Automate Your Bitcoin Strategy with River

If you want to make Bitcoin a seamless part of your life without the stress, consider using River. It’s a platform I love because it allows me to deposit cash and earn a percentage back in Bitcoin on that cash balance and automatically execute a daily dollar-cost averaging (DCA) strategy FEE-FREE. Instead of constantly watching charts, my Bitcoin purchases happen automatically, drawing from my cash balance. It’s fully customizable, meaning you can adjust your buy schedule and even automatically transfer part of your holdings to your own wallet, ensuring you hold your own keys.

For those concerned about security, River recently introduced Forcefield, an added layer of protection for your assets. If you’re interested in making your Bitcoin journey effortless, sign up using my referral code here—this earns us both free Bitcoin! Set it and forget it, and get back to living your life.

@ b8851a06:9b120ba1

Something stinks in the crypto markets, and it’s not just OpenSea’s suspicious trading activity.

The recent regulatory pivot in Washington—driven by the Trump administration’s aggressive push to make the U.S. “the world’s crypto capital”—has set the stage for a wave of unchecked fraud. OpenSea’s sudden regulatory relief and strategic transformation are just the beginning.

The SEC’s Curious Retreat

Let’s start with the smoking gun: the SEC was investigating OpenSea for unregistered securities violations, even issuing a Wells notice in August 2024. Then, in a complete reversal, they dropped the case without explanation. This wasn’t some random bureaucratic oversight—it happened right after Trump took office.

The timing is too perfect. His administration wasted no time signaling its pro-crypto stance, and the SEC, once an enforcer, is now rolling over like a neutered watchdog.

The message? As long as you’re playing the “crypto-bro” game, the rules don’t apply.

OpenSea’s Convenient Pivot

With the regulatory threat gone, OpenSea immediately rebranded itself—not just as an NFT marketplace but a full-blown token trading platform. Here’s what they did: * Launched OS2, a rebuilt exchange expanding into token trading. * Dropped the SEA token on February 13, 2025—perfectly timed with the regulatory climate shift. * Slashed fees to near zero to attract volume and dominate the market.

This wasn’t just a business move—it was a power play. OpenSea knew that under the previous administration, tokenizing its platform might have triggered another securities probe. But under Trump’s SEC? It’s open season.

Wash Trading and Market Manipulation

And it worked. The SEA token launch sent OpenSea’s market share skyrocketing from 25.5% to 71.5% in just four weeks. Daily trading volume exploded from $3.47 million to $17.4 million—but the numbers don’t add up. The surge was so artificial that OpenSea had to suspend its XP-based incentives system after accusations of wash trading flooded in.

Let’s be clear: this isn’t real market growth. This is manipulation.

By incentivizing rapid-fire, circular trading, OpenSea created the illusion of demand. The goal? Pump the SEA token, dominate competitors, and make insiders rich—at the expense of everyday traders.

Who’s Really Benefiting?

The financials paint a grim picture. #Coatue Management, once a major investor, slashed OpenSea’s valuation from $13.3 billion to just $1.4 billion. Trading volume has collapsed from its $5 billion peak to just $190 million per month. And yet, insiders are doubling down.

Consider these strategic moves: * OpenSea relocated from New York to Miami, aligning with Florida’s looser regulatory environment. * It established a foundation in the Cayman Islands—a classic move for dodging scrutiny. * It’s benefiting from a hands-off #SEC, which has abandoned enforcement actions under the new administration.

This is the new crypto economy: a lawless Wild West where the biggest players game the system while retail traders foot the bill.

What Comes Next?

With #Trump’s administration actively reshaping crypto regulation, OpenSea is the first of many companies to exploit this new reality. We’re entering an era where politically connected #crypto firms will enjoy total freedom to manipulate markets, while ordinary investors will be left holding the bag.

The lesson? If you’re not on the inside, you’re the exit liquidity.

This isn’t just about #OpenSea. It’s about a government-sanctioned crypto casino, where fraud is no longer the exception—it seems to be the business model.

I really hope am wrong on this one #nostr.

@ 57d1a264:69f1fee1

Galoy released a new product called Lana, a platform for bitcoin loans. The team will provide an introduction and then we'll dive into the design.

To get you up to speed, check out the website, slide deck and podcast interview: - https://www.galoy.io/lana-bitcoin-loans-platform - https://docs.google.com/presentation/d/1IQocefpCN5_wKX91EWtLa19IpMS_Ye8goNLAgGQbfdU/edit#slide=id.g31d536107ae_0_0 - https://stephanlivera.com/episode/634/

If you get a chance, please take a peek before the call. That makes the design reviews more useful because we need to spend less time going over the basics. On Thu Feb 27th · 15:00 – 16:00 CET Join from https://meet.jit.si/bitcoindesign

Check your timezone https://everytimezone.com/s/998e22fc Track https://github.com/BitcoinDesign/Meta/issues/758

originally posted at https://stacker.news/items/896570

@ 3ffac3a6:2d656657

Renoters: Proposal for Anonymous Event Relaying in Nostr

This document is a proposal and not an official NIP.

This Document proposes "Renoters," a mechanism for anonymous event relaying in Nostr, inspired by the Mixminion remailer design. Renoters aim to enhance privacy by obscuring the origin of events, making it difficult to trace the author of a message.

Motivation

While Nostr offers a decentralized platform, current relay mechanisms can potentially reveal the source of events. Renoters address this by introducing an onion-routing-like system where events are encrypted and relayed through a series of nodes, making it harder to link the event to its originator. This enhances privacy for users who wish to communicate anonymously or protect their identity.

In some totalitarian regimes, the use of Tor and VPNs is criminalized, making online anonymity dangerous. Even in some democratic countries, merely downloading Tor can mark individuals as suspects. This underscores the need for a decentralized and anonymous communication system that operates independently of commonly surveilled privacy tools.

Proposed Solution

Renoters operate on the principle of "gift-wrapping" events, using asymmetric encryption. A user wishing to send an event anonymously performs the following steps:

1. Event Creation: The user creates the Nostr event they wish to publish.
2. Renoter Path Selection: The user selects a path of Renoters through which the event will be relayed. This path can be pre-configured or dynamically chosen.
3. Gift Wrapping (Encryption and Signing): The user encrypts and signs the event for each Renoter in the path, working in reverse order:
4. A new random Nostr private key (sk_wrapper) is generated.
5. The event (or the previously wrapped event) is encrypted using the next Renoter's Npub (npub_next) using Nostr's standard encryption mechanism (e.g., using shared secrets derived from the private key and the recipient's public key).
6. A new Nostr event is created. This "wrapper" event's content contains the ciphertext. The wrapper event is signed using the newly generated private key sk_wrapper. The wrapper event also includes the next hop's npub_next (or the final destination if it's the last renoter) in cleartext, to allow for routing.
7. Publication: The user publishes the first gift-wrapped event (the one encrypted for the last Renoter in the path). This event is sent to a regular Nostr relay, which then forwards it to the first Renoter in the path.
8. Renoter Relaying: Each Renoter in the path receives the gift-wrapped event, verifies the signature using the sk_wrapper's corresponding public key, decrypts it using its own private key, and forwards the decrypted event (now wrapped for the next Renoter) to the next Renoter in the path. This process continues until the event reaches the final Renoter.
9. Final Delivery: The final Renoter decrypts the event and publishes it to the Nostr network.

Example

Let's say Alice wants to send an event anonymously through Renoters R1, R2, and R3.

1. Alice creates her event.
2. She generates a random private key sk3 and encrypts the event with R3's public key npub_r3.
3. She creates a wrapper event containing the ciphertext and npub_r3, signed with sk3.
4. She generates a random private key sk2 and encrypts the previous wrapper event with R2's public key npub_r2.
5. She creates a wrapper event containing this ciphertext and npub_r2, signed with sk2.
6. She generates a random private key sk1 and encrypts the previous wrapper event with R1's public key npub_r1.
7. She creates a final wrapper event containing this ciphertext and npub_r1, signed with sk1.
8. Alice publishes this final wrapper event.

R1 decrypts with its private key, verifies the signature with the public key corresponding to sk1, and forwards to R2. R2 decrypts, verifies the signature with the public key corresponding to sk2, and forwards to R3. R3 decrypts, verifies the signature with the public key corresponding to sk3, and publishes the original event.

Renoter Incentives (using Cashu)

To incentivize Renoters to participate in the network, this NIP proposes integrating Cashu tokens as a payment mechanism.

• Token Inclusion: When a user creates the initial gift-wrapped event (the one sent to the first Renoter), they include a Cashu token within the event content. This token is itself encrypted and wrapped along with the original message, so only the receiving Renoter can access it.
• Renoter Redemption: Upon receiving a gift-wrapped event, the Renoter decrypts it. If the event contains a Cashu token, the Renoter can decrypt the token and redeem it.
• Renoter Behavior: Paid Renoters would be configured not to relay events that do not contain a valid Cashu token. This ensures that Renoters are compensated for their service. Free Renoters could still exist, but paid Renoters would likely offer faster or more reliable service.
• Token Value and Tiers: Different Cashu token denominations could represent different levels of service (e.g., faster relaying, higher priority). This could create a tiered system where users can pay for better anonymity or speed.
• Token Generation: Users would need a way to acquire Cashu tokens. This could involve purchasing them from a Cashu mint or earning them through other means.

Security Threats and Mitigations

• Anonymity Against Correlation Attacks: Even when using Tor, traffic patterns can still be analyzed to infer the origin of events. To mitigate this risk, Renoters can introduce:

• Random delays in event relaying.

• Dummy packets to complicate statistical analysis by malicious observers.

• Replay Attacks: To mitigate replay attacks, each Renoter must store, for a reasonable period, the IDs of received events and the decrypted events that were forwarded. This ensures that duplicate messages are not processed again.

• Sybil Attacks: Sybil attacks can be mitigated by requiring payments via Cashu tokens for relaying events, increasing the cost of launching such attacks. By ensuring that each relay operation has a monetary cost, attackers are discouraged from creating large numbers of fake identities to manipulate the network.

• Traffic Analysis: Traffic analysis can be mitigated by using Tor for Renoters. Routing events through the Tor network adds an additional layer of anonymity, making it more difficult to track message origins or infer sender-recipient relationships. While Renoters enhance privacy, sophisticated traffic analysis might still be a threat.

Operational Considerations

• Renoter Reliability: The reliability of the Renoter network is crucial.
• Latency: Relaying through multiple Renoters will introduce latency.
• Key Management: While each layer uses a new key, the initial key generation and path selection process need to be secure.

This NIP provides a robust framework for anonymous event relaying in Nostr, leveraging encryption and Cashu-based incentives to enhance privacy and usability.

References

• Untraceable Electronic Mail, Return Addresses, and Digital Pseudonyms: David L. Chaum (https://dl.acm.org/doi/10.1145/358549.358563)

• Mixminion Design: Mixminion: Design of a Type III Anonymous Remailer (https://www.mixminion.net/minion-design.pdf)

• Nostr Protocol: Official Nostr Documentation (https://github.com/nostr-protocol/nostr)
• Cashu Token System: Cashu: Ecash for Bitcoin Lightning (https://cashu.space/)
• Tor Project: The Tor Project - Anonymity Online (https://www.torproject.org/)
• Onion Routing: The Second-Generation Onion Router (https://svn.torproject.org/svn/projects/design-paper/tor-design.pdf)

Privacy #Nostr #Anonymity #Crypto #CensorshipResistance #OnlinePrivacy #Decentralization #Encryption #Security #ThreatMitigation #Micropayments #CryptoEconomy #NextSteps #Development

@ 6fa90c11:8ffacd20

Man88 nổi bật trong cộng đồng giải trí trực tuyến nhờ vào sự đa dạng và phong phú của các trò chơi mà nền tảng này cung cấp. Từ những trò chơi trí tuệ đòi hỏi sự tập trung cao độ đến các trò chơi hành động, giải trí nhẹ nhàng, Man88 đáp ứng mọi nhu cầu của người chơi. Điều đặc biệt là các trò chơi tại Man88 đều có đồ họa đẹp mắt, âm thanh sống động và hiệu ứng tuyệt vời, mang lại một không gian chơi game thú vị và đầy tính thử thách. Không chỉ có vậy, Man88 còn thường xuyên cập nhật các trò chơi mới, mang đến nhiều sự lựa chọn và trải nghiệm độc đáo cho cộng đồng người chơi.

Ngoài sự đa dạng về thể loại game, MAN88 còn đặc biệt chú trọng đến vấn đề bảo mật và an toàn cho người chơi. Nền tảng này sử dụng các công nghệ bảo mật tiên tiến nhất, đảm bảo rằng tất cả thông tin cá nhân và giao dịch tài chính của người chơi đều được bảo vệ một cách tuyệt đối. Mỗi giao dịch, từ việc nạp tiền đến rút tiền, đều được thực hiện nhanh chóng, an toàn và minh bạch, mang lại sự yên tâm tuyệt đối cho người chơi. Nhờ vào hệ thống bảo mật mạnh mẽ và quy trình kiểm tra kỹ lưỡng, Man88 cam kết mang đến một môi trường chơi game hoàn toàn an toàn và bảo mật, giúp người chơi có thể tập trung vào việc trải nghiệm các trò chơi mà không phải lo lắng về vấn đề bảo mật.

Bên cạnh đó, dịch vụ chăm sóc khách hàng của Man88 cũng là một điểm cộng lớn. Đội ngũ hỗ trợ khách hàng luôn sẵn sàng giải đáp mọi thắc mắc và xử lý nhanh chóng các vấn đề mà người chơi gặp phải. Dịch vụ hỗ trợ này hoạt động 24/7, đảm bảo rằng mọi yêu cầu của người chơi đều được giải quyết trong thời gian ngắn nhất. Hơn nữa, Man88 cũng tổ chức các sự kiện, chương trình khuyến mãi hấp dẫn, tạo cơ hội cho người chơi nhận được những phần thưởng giá trị. Những hoạt động này không chỉ làm phong phú thêm trải nghiệm của người chơi mà còn giúp họ gắn kết hơn với cộng đồng Man88. Với cam kết mang lại dịch vụ chất lượng và một môi trường chơi game an toàn, Man88 xứng đáng là sự lựa chọn hàng đầu cho những ai đam mê giải trí trực tuyến.

@ 6fa90c11:8ffacd20

VK88 nổi bật như một nền tảng giải trí trực tuyến với nhiều trò chơi thú vị và sáng tạo, mang đến cho người chơi những trải nghiệm không thể bỏ lỡ. Nền tảng này cung cấp đa dạng các thể loại trò chơi, từ các trò chơi đơn giản đến các trò chơi chiến thuật đầy thử thách. Mỗi trò chơi đều được thiết kế tỉ mỉ, từ đồ họa sắc nét cho đến âm thanh sống động, tạo nên không gian giải trí tuyệt vời cho người chơi. Bên cạnh đó, VK88 cũng luôn chú trọng đến việc phát triển các trò chơi mới, liên tục cập nhật và làm mới kho trò chơi để giữ chân người chơi. Điều này giúp người chơi không chỉ tận hưởng được những trò chơi yêu thích mà còn có cơ hội khám phá những thử thách và tính năng mới lạ.

Không chỉ chú trọng đến chất lượng trò chơi, VK88 cũng đặc biệt quan tâm đến sự an toàn và bảo mật của người chơi. Mọi giao dịch tài chính và thông tin cá nhân đều được bảo vệ bằng các công nghệ bảo mật tiên tiến, đảm bảo rằng người chơi có thể yên tâm tham gia mà không phải lo lắng về bất kỳ rủi ro nào. Hệ thống mã hóa mạnh mẽ giúp bảo vệ dữ liệu người dùng khỏi sự xâm nhập trái phép và đảm bảo tính minh bạch, công bằng trong mọi giao dịch. VK88 cam kết mang đến một môi trường giải trí an toàn và bảo mật, giúp người chơi tận hưởng các trò chơi yêu thích mà không gặp phải sự xâm phạm quyền riêng tư.

Ngoài ra, VK88 cũng đặc biệt chú trọng đến dịch vụ chăm sóc khách hàng. Đội ngũ hỗ trợ khách hàng của nền tảng này luôn sẵn sàng giúp đỡ người chơi 24/7, giải đáp mọi thắc mắc và xử lý các vấn đề kỹ thuật nhanh chóng và hiệu quả. Mỗi khi người chơi gặp phải vấn đề trong quá trình trải nghiệm, đội ngũ chăm sóc khách hàng sẽ lập tức hỗ trợ và cung cấp giải pháp tận tình. Đồng thời, VK88 cũng tổ chức nhiều sự kiện hấp dẫn và chương trình khuyến mãi để người chơi có thể nhận thêm quà tặng và cơ hội thú vị. Những yếu tố này tạo ra một cộng đồng người chơi gắn kết và tạo động lực cho VK88 ngày càng phát triển.

@ 0f4795bf:a8365abe

Der neue Pareto-Client

Unter der Adresse https://pareto.space/read lässt sich der neue Pareto-Client aufrufen.

Durch Klicken auf Anmelden (rechts oben) kann mit einem vorhandenen Nostr-Konto angemeldet werden oder ein neues Konto erstellt werden.

Sofern schon ein Nostr-Konto vorhanden ist, kann nach Klick auf Log in einfach z. B. mittels Browser Extension angemeldet werden.

Nach dem Anmelden wird das Profilbild rechts oben angezeigt und ggf. eine Kategorie mit den Artikeln der Autoren, denen man folgt.

Nach Umschalten vom Leser- in den Autoren-Modus (Schalter oben, rechts neben Logo) werden die bereits veröffentlichten Artikel angezeigt.

Sollte der Schalter nicht angezeigt werden, bitte bei uns mit dem npub melden, damit wir ihn in die Liste der Pareto-Autoren aufnehmen können.

Eine zweite Kategorie zeigt die bestehenden Entwürfe.

Unter dem Punkt Bilder links lassen sich Bilder hochladen, die in Artikeln verwendet werden sollen.

Sollte noch kein Medien-Server (Blossom oder NIP-96) konfiguriert sein, wird angeboten, den Standard-Server des Pareto-Projektes zu nutzen.

Nachdem der Server konfiguriert wird, werden alle hochgeladenen Bilder angezeigt.

Weitere Bilder lassen sich über den Knopf Bilder hochladen hinzufügen.

Nach Auswahl des Punktes Schreiben wird der leere Pareto-Editor angezeigt.

Neben dem Titel sollte auch die Zusammenfassung aufgefüllt werden, da diese beim Teilen des Artikels (Telegram, Social Media, ...) neben dem Titel und dem Bild des Artikels angezeigt werden.

Das Bild kann durch Klicken auf den grauen Rahmen rechts oben gewählt werden.

Nach Doppelklick auf das gewünschte Bild wird es rechts neben Titel und Zusammenfassung angezeigt.

Neue Elemente können im Text durch Klicken auf das Plus-Symbol hinzugefügt werden.

Neben Überschriften lassen sich so auch Zitate, Aufzählungen, Programm-Code, Tabellen und Bilder einfügen.

Nachdem ein Bild-Element eingefügt wurde, kann es entweder mit einem Link auf ein Bild bestückt werden oder - durch Klicken auf "Select file" ein bereits hochgeladenes auswählen.

Durch Klicken auf die kleine Sprechblase rechts oben in einem Bild lässt sich eine Bildunterschrift hinzufügen.

Markdown

Neben dem Hinzufügen von Elementen über das Plus-Symbol kann natürlich auch direkt Markdown-Auszeichnung eingegeben werden.

Es gibt im Netz diverse Anleitungen für Markdown. Allerdings gibt es im Kontext von Nostr die Einschränkung, dass keine HTML-Elemente in Artikeln enthalten sein dürfen.

Durch Tippen eines Doppelkreuzes, gefolgt von einem Leerzeichen, lässt sich beispielsweise eine Überschrift einfügen

Besonderheiten

Der Pareto-Client stellt Links unterschiedlich dar, je nachdem, ob sie innerhalb eines Absatzes oder allein erscheinen.

Links innerhalb eines Absatzes werden ganz regulär dargestellt als Link, auf den der Leser klicken kann.

Alleinstehende Links (also ohne Text davor oder dahinter) hingegen werden ggf. mit einer Vorschau versehen und nach einmaligem Klick wird der Inhalt eingebettet dargestellt.

Für Links zu YouTube, Odysee, Rumble, SoundCloud, theplattform.net, und andere können die Inhalte direkt im Artikel konsumiert werden.

Auch alleinstehende Links zu Dateien mit den Endungen .mp4, .mov, .mkv, .avi, .m4v und .webm (Videos) sowie .mp3, .wav, ogg (Audio) und .pdf (PDF-Dokumente) werden eingebettet dargestellt.

Tipp:

Beim Schreiben längerer Artikel empfiehlt es sich, diese zwischendurch immer wieder als Entwurf zu speichern, um Datenverlust zu vermeiden.

Oberhalb des Knopfes zum Speichern von Entwürfen wird immer der aktuelle Status des Artikels angezeigt.

Schlüsselwörter werden einfach durch Komma getrennt. Es ist üblich, diese klein zu schreiben.

Nach dem Speichern wird der Knopf deaktiviert.

Der Entwurf sollte anschließend unter dem Punkt Artikel unter Entwürfe eingeblendet werden.

Ein Klick auf Bearbeiten bringt den Entwurf wieder in den Editor.

Nach Klicken von Veröffentlichen kann noch die Liste der Nostr-Relays ausgewählt werden, auf denen der Artikel veröffentlicht werden soll.

Nach dem Veröffentlichen sollte der Status das entspr. anzeigen.

Herzlichen Glückwunsch!

Dein erster Artikel wurde über den Pareto-Client verfasst und veröffentlicht!

@ 8d34bd24:414be32b

I recently wrote a post “What? Do Not Pray For ...” where I shared a passage telling us not to pray for the nation of Israel (at a particular point in time). Before reading this post, I strongly encourage you to read that post first.

The verse in question was:

“As for you, do not pray for this people, and do not lift up cry or prayer for them, and do not intercede with Me; for I do not hear you. Do you not see what they are doing in the cities of Judah and in the streets of Jerusalem? The children gather wood, and the fathers kindle the fire, and the women knead dough to make cakes for the queen of heaven; and they pour out drink offerings to other gods in order to spite Me. Do they spite Me?” declares the Lord. “Is it not themselves they spite, to their own shame?” (Jeremiah 7:16-19) {emphasis mine}

Jeremiah was told not to pray blessings on Israel because Israel had turned away from God and were serving other Gods.

I was just listening to a “Renewing Your Mind” podcast and the speaker made the statement, “We all want to say, ‘God bless America,’ but we don’t want to hear, ‘God curse America.’” That made me contemplate, “Should we ask God to bless America?”

Over the past decade or more (probably several decades), America has been using its military and economic might to push actions around the globe that are abhorrent to God. We give aid to countries if they legalize and fund abortions, if they promote gay marriage, and if they encourage transgender surgeries and chemical castration. They encourage people and nations to murder unborn children, to redefine marriage as different than what God created it to be, and to sterilize young people confused about their gender, breaking both God’s good creation of male and female and \ His command to be fruitful and multiply. You could make the argument that the US has been the largest purveyor of evil in the world. (It breaks my heart to say this.)

It is true that with the past election, America has turned away from many of these evil actions, but have Americans truly repented and turned back to God? I am convinced that neither our leaders nor most of our people have turned back to God in any significant way. It is like famous atheist, Richard Dawkins, saying he misses Christian culture but continuing to reject God and make fun of actual Christians. We can’t have it both ways. We can’t have God’s blessings without God.

Now I am not saying that we shouldn’t pray for America. It is totally appropriate to pray for revival in America. It is good to pray for Americans to repent of their sins and to trust in Jesus. It is great to pray for God to help us to share the gospel and to produce fruit. The issue is that we shouldn’t pray for America’s blessing while she has turned her back on God.

Obviously there are a decent number of Christians in America. That and the fact that America was founded on Christian principles actually means that America will be punished harsher than those nations where people have had little knowledge of the Bible and Jesus. Those who have been shown the gospel and still rejected God will be held to a higher standard and will be punished harsher than those who have never heard the gospel.

I ask you to pray that God would bring revival to America, that He would turn hearts and minds to Himself, and that He would draw our leaders to submit in full trust and obedience to Him. I also pray that God would help all of believers to be faithful stewards with all of the blessings with which He has already showered us and to use us to shine the light of the gospel with America and the rest of the world. I pray that He would help us to live lives fully devoted to Him and will help us to stand out from the crowd of pseudo-Christians and normal people, so we can be used to draw America back to God.

Unfortunately, we may be in a situation, like Jeremiah and Israel, where the nation has turned so far from God that we will be rejected in the same way they reject Jesus. We may have to look upon the nation we love and let go because our citizenship is in heaven. We need to always be more devoted to God and His kingdom than we are to our earthly citizenship.

“Son of man, if a country sins against Me by committing unfaithfulness, and I stretch out My hand against it, destroy its supply of bread, send famine against it and cut off from it both man and beast, even though these three men, Noah, Daniel and Job were in its midst, by their own righteousness they could only deliver themselves,” declares the Lord God. (Ezekiel 14:13-14)

May God guide you in your prayers, your actions, and your faith so that you will be a light in the darkness and never forget where your allegiance lies. I pledge allegiance to my God, my Lord, and my Creator, and to Him alone does my allegiance belong.

Trust Jesus

@ 6fa90c11:8ffacd20

Man88 đã và đang trở thành một trong những nền tảng giải trí trực tuyến hàng đầu nhờ vào sự đa dạng và chất lượng trong các trò chơi mà nền tảng này cung cấp. Với hàng loạt trò chơi từ các thể loại khác nhau, người chơi có thể thoải mái lựa chọn các game mà mình yêu thích, từ các trò chơi trí tuệ, hành động đến những trò chơi nhẹ nhàng giải trí. Mỗi trò chơi đều được thiết kế một cách tỉ mỉ với đồ họa đẹp mắt, âm thanh sống động và lối chơi mượt mà, mang đến một trải nghiệm không thể quên cho người chơi. Ngoài các trò chơi thú vị, Man88 cũng luôn chú trọng đến việc cập nhật thường xuyên các game mới, tạo cơ hội cho người chơi khám phá những thử thách mới mẻ và hấp dẫn. Với sự sáng tạo không ngừng, Man88 luôn tạo ra những trải nghiệm độc đáo và đầy thú vị cho cộng đồng game thủ của mình.

Bên cạnh sự đa dạng trong các trò chơi, MAN88 còn đặc biệt chú trọng đến vấn đề bảo mật và an toàn cho người chơi. Nền tảng này sử dụng các công nghệ bảo mật tiên tiến để bảo vệ thông tin cá nhân và tài chính của người dùng, đảm bảo rằng tất cả các giao dịch, từ việc nạp tiền đến rút tiền, đều diễn ra một cách minh bạch và an toàn tuyệt đối. Các hệ thống mã hóa hiện đại được triển khai để ngăn chặn mọi hành vi xâm nhập trái phép và bảo vệ quyền lợi của người chơi một cách tối ưu. Chính vì vậy, người chơi có thể hoàn toàn yên tâm khi tham gia vào các trò chơi tại Man88 mà không phải lo lắng về sự xâm phạm quyền riêng tư hay sự gian lận. Man88 cam kết mang đến cho người chơi một môi trường giải trí an toàn và công bằng, từ đó giữ vững được sự tin tưởng và yêu thích từ cộng đồng.

Ngoài các yếu tố về chất lượng trò chơi và bảo mật, dịch vụ chăm sóc khách hàng của Man88 cũng là một điểm sáng nổi bật. Đội ngũ hỗ trợ khách hàng của Man88 luôn sẵn sàng phục vụ người chơi 24/7, giải đáp mọi thắc mắc và xử lý các vấn đề kỹ thuật nhanh chóng và hiệu quả. Bất kỳ lúc nào người chơi gặp phải khó khăn hay cần sự hỗ trợ, đội ngũ chăm sóc khách hàng sẽ luôn tận tình hướng dẫn và hỗ trợ giải quyết. Hơn nữa, Man88 còn thường xuyên tổ chức các sự kiện, chương trình khuyến mãi hấp dẫn để mang đến nhiều cơ hội thưởng thức và nhận quà cho người chơi. Những sự kiện này không chỉ tạo thêm niềm vui mà còn giúp cộng đồng game thủ của Man88 gắn kết và phát triển. Với những yếu tố này, Man88 không chỉ là một nền tảng giải trí mà còn là một cộng đồng nơi mọi người có thể giao lưu, học hỏi và cùng nhau trải nghiệm những khoảnh khắc thú vị.

@ 6fa90c11:8ffacd20

MB666 đã khẳng định được vị thế của mình trong ngành giải trí trực tuyến nhờ vào sự đa dạng và sáng tạo trong các trò chơi mà nền tảng này cung cấp. Người chơi sẽ tìm thấy tại MB666 một loạt các trò chơi thú vị từ nhiều thể loại khác nhau, từ những trò chơi chiến thuật, trò chơi mạo hiểm, đến những trò chơi đơn giản nhưng đầy thử thách. Mỗi trò chơi tại MB666 đều được thiết kế với đồ họa sắc nét và âm thanh sống động, mang đến trải nghiệm người chơi tuyệt vời. Đặc biệt, nền tảng này luôn cố gắng đổi mới và sáng tạo, mang đến các game mới và hấp dẫn, giúp người chơi không cảm thấy nhàm chán. MB666 còn đặc biệt chú trọng đến việc tối ưu hóa giao diện, giúp người chơi dễ dàng thao tác và làm quen với nền tảng mà không gặp phải bất kỳ khó khăn nào.

Bên cạnh đó, MB666 cũng rất chú trọng đến việc đảm bảo sự an toàn và bảo mật cho người chơi. Nền tảng này sử dụng các công nghệ bảo mật tiên tiến để bảo vệ thông tin cá nhân và tài khoản của người chơi. Các giao dịch tài chính, từ việc nạp tiền cho đến việc rút tiền, đều được thực hiện qua các hệ thống bảo mật cao cấp, đảm bảo tính minh bạch và an toàn tuyệt đối. Người chơi có thể yên tâm tận hưởng các trò chơi mà không phải lo lắng về sự xâm phạm quyền riêng tư hay sự gian lận. Điều này khiến MB666 trở thành một địa chỉ đáng tin cậy trong mắt người chơi, không chỉ vì chất lượng trò chơi mà còn vì sự uy tín và cam kết bảo vệ quyền lợi của người dùng.

Cuối cùng, dịch vụ chăm sóc khách hàng của MB666 cũng là một điểm mạnh giúp nền tảng này thu hút và giữ chân người chơi. Đội ngũ hỗ trợ khách hàng luôn sẵn sàng 24/7, giúp người chơi giải đáp mọi thắc mắc và xử lý các vấn đề kỹ thuật một cách nhanh chóng và hiệu quả. Bất kể người chơi gặp phải khó khăn gì, từ việc đăng ký tài khoản, nạp rút tiền đến các vấn đề về trò chơi, đội ngũ hỗ trợ của MB666 luôn tận tình và chuyên nghiệp trong việc giải quyết. Ngoài ra, MB666 cũng thường xuyên tổ chức các sự kiện và chương trình khuyến mãi hấp dẫn, mang đến cho người chơi nhiều cơ hội nhận thưởng và quà tặng giá trị. Những yếu tố này góp phần tạo nên một cộng đồng người chơi gắn kết, luôn cảm thấy được quan tâm và trân trọng, từ đó thúc đẩy sự phát triển bền vững của nền tảng. MB666 không chỉ đơn thuần là một nền tảng giải trí, mà còn là một cộng đồng kết nối những người có cùng sở thích và đam mê.

@ 42342239:1d80db24

Europe's economic framework requires restructuring grounded in realism. The Commission's Competitiveness Compass, alas, reveals dangerous left-hemisphere dominance and risks repeating Mao's mistakes.

The European Commission presented its "competitiveness compass" in January. There will be massive investments in biotechnology, materials technology, medicines, space, and the defence industry. AI gigafactories are to be established, while Europe will "maintain its leadership in quantum technologies" (a leadership that few seem to be aware of). This will be achieved through more environmental labelling schemes, nature credits, procurement rules, platforms, cooperation plans, and coordination systems. Although the report contains some bright spots, such as promises to ease the regulatory burden, the overall picture is strikingly lacking in creativity. Instead, we are mainly met with the usual thought patterns of the European technocracy, which manifest in additional centralised frameworks, quantifiable goals, and annual reports. Mao's ghost haunts Brussels.

The Missing Half of Europe's Brain

Iain McGilchrist, a British psychiatrist and philosopher, has launched the hemispheric hypothesis (a theory about how the two hemispheres of the brain work). The left hemisphere is more detail- and control-oriented, while the right hemisphere is holistic and creative. A society dominated by the left hemisphere, like our own according to McGilchrist, "would see it as its task to control everything maximally." The Commission's compass appears similarly lobotomised , prioritising measurable processes over imaginative solutions.

In an earlier text, I mentioned that Europe might need to return to its roots and asked if Europe should have "the same end goal as China." This is still a relevant and justified question. But if we are honest, China has implemented a series of well-thought-out reforms since the 1980s, in addition to its many well-known and large-scale investments. It is not necessarily wrong to be inspired by China, as many believe; it depends on which China you are inspired by.

Lessons from the Cat Theory

When Deng Xiaoping returned to power in the late 1970s, he chose a more pragmatic approach than his predecessors. China left Mao Zedong's purges of dissidents behind. Instead, he launched the cat theory: "it doesn't matter what colour the cat is as long as it catches mice", regarding economic development. It was now free to experiment with different models. Instead of ideological conformity, the most important thing was to increase productivity and material prosperity.

What was done in China?

• Companies and individuals were given more freedom
• Provinces and municipalities were given more autonomy
• Special economic zones were established, with different conditions and rules
• Programs to increase the number of banks were introduced
• The banking sector was deregulated
• Property rights and contract law began to be respected

China has since gone from being an economic backwater to not only being the world's largest economy in terms of purchasing power but also a global tech contender (leading in 37 out of 44 key technologies per ASPI).

EU's Compliance Obsession vs Chinese Pragmatism

And today, when China is astonishing the world with surprisingly cheap and competent AI systems, which recently set American tech stocks in motion, in the EU one is met with advertisements for yet another compliance training, this time about AI. Every new compliance training echoes Mao's ghost – ideological correctness overriding practical results. Is prosperity really built with certifications, directives, requirements, and penalties?

When we compare the Chinese experience with today's EU, the contrast is clear:

• Freedoms are curtailed. The right to privacy is undermined (Chat Control, etc.)
• Member states' ability to self-govern is reduced, year by year
• Streamlining and harmony are popular buzzwords in the bureaucracy
• The ECB is actively working to reduce the number of banks
• The banking sector is being regulated more and more
• Property rights and contract law are being eroded, which can be partly attributed to developments in payment systems

Deng's cat theory was an example of when the right hemisphere was involved in decision-making. Rather than just focusing on details (the cat's colour), the whole (the result) was important. The Chinese proverb "cross the river by feeling the stones" is another example of more holistic thinking. Under Deng's leadership, reforms were first tested in a free zone or a province. After a while, the reforms could be evaluated before they were possibly implemented on a larger scale. "Try before you buy" is also a wise principle that follows from complexity research. In sharp contrast to this approach was Mao's "Great Leap Forward," a part of a disastrous five-year plan that shows what can happen when the left hemisphere is given too much power. A tragedy of historic proportions - a mass famine - resulted. While Deng exorcized Mao's ghost through pragmatic experimentation, Brussels seems determined to resurrect. Today's EU risks repeating Mao's mistake of letting political abstractions ("green transition! digital decade!") override reality – Mao's ghost surely smiles at nature credit schemes replacing actual market signals.

Mao's ghost trives on the ontological mistake

The serious problems that the EU is facing have been built up over decades and stem from incorrect assumptions. The economy is not complicated. It is complex. The concepts are often confused, but they describe two fundamentally different things. The complicated refers to something composite, but which can still be unfolded and then folded back up again without changing its essence. The complex, on the other hand, refers to something entangled, where every attempt to divide it changes its character. Compare, for example, an airplane engine with a béarnaise sauce. If you mix up the concepts, you make an ontological mistake, a philosopher would say. A programmer would say: garbage in, garbage out. Mao's ghost thrives on this ontological error, convincing technocrats they can blueprint society like a Soviet tractor factory.

When a system is complicated, predictable, and linear, centralised coordination and control by the left hemisphere can work well. But in complex systems, it can never be a solution because it leads to reduced adaptability and increased system risks. Instead, the goal should be diversity and decentralisation, which provide greater adaptability! The faster the changes of the system or in the environment, the greater the demands on adaptability and flexibility - if the system is to survive, that is. Increased diversity and decentralisation would not only increase adaptability and flexibility but also promote creativity, an ability that will likely become increasingly important in a world where AI and automation are changing the rules.

A better path forward

Europe's economic framework requires restructuring grounded in realism. The Commission's competitiveness compass - fixated on metrics and control - reveals dangerous left-hemisphere dominance, echoing Maoist central planning's epistemological errors. Our path forward demands:

• Dual-brain governance (prioritising creativity over control)
• Banishing of category mistakes (acknowledging the complex adaptive nature of the economy)
• Pragmatism over ideology (policy sandboxes inspired by China's special economic zones)
• Anti-fragile design (increased autonomy of EU nations, within states, and decentralised banking)
• Sunset clauses on all bureaucracy (regulators cannot originate breakthroughs)

The alternative? Another technocratic Great Leap Forward - eco-certified, AI-monitored, but economically brittle and fundamentally maladapted to the complex global economy. As Deng's reformers understood: no institutional architecture, not even the First Emperor's Terracotta Army, can withstand modernity's tide.

@ e3ba5e1a:5e433365

My wife and I have six children, making our house a household of eight people. Looking just at the eight of us, how many relationships exist? Well, as a first stab, we could look at how many connections exist between two unique individuals in this family. The mathematical term for this is “8 choose 2”, and the answer is 8*7/2, or 28.

Even that doesn’t really capture the answer though, because relationships aren’t just between two people. For example, when my wife and two oldest children are the only ones still awake after the younger kids go to bed, we’ll put on my mature TV shows that they’ll appreciate and watch together. It’s our own little subgroup within the group.

Based on that, we could have groups of 2, 3, 4, all the way up to 8, the group of all of us. If you do the math, this comes up to 247 different subgroups of 2 or more people. That’s a lot of groups for just 8 people.

As a father, this means I’ll never be able to fully understand every set of connections within my family. I may have a good understanding of my own relationship with each child. I also am closely aware of the relationship between our two youngest children, since they’re twins. And I could probably list 20 or so other noteworthy relationships. But I’ll never understand all of them.

For example, months ago I bought a game on Steam for my 3rd and 4th kids. I know they like to play games together, so it was a relationship that I thought I understood well. A few days ago I found out that my oldest had joined them in playing one of these games (Brotato). I’d made the purchase, given it to the kids, and it sparked new relationship and interaction structures without my involvement.

There’s no problem with the fact that I can’t track every interaction in my house. That’s healthy! The kids are able to discover ways of interacting beyond what I can teach them, learn everything from schoolwork to video games from each other, and overall become more healthy and well-adjusted adults (I hope).

And here’s the important part: the growth of the number of connections is massive as the number of participants increases. If we add in another participant, we have 502 groupings. At 10 total participants, it jumps to over 1,000. By the time we get to 100, we’re well into the trillions.

A mathematical and software term for this is combinatoric complexity, the massive increase in an output value based on a small increase in the input. The analysis I’m providing could be termed as part of graph theory (for connections of 2, looking at people as vertices and connections as edges) or set theory (unique subsets, allowing for larger group sizes). But regardless, the point is: the increase in complexity is huge as more people join.

Now consider the global economy. It’s over 8 billion people. There are so many people that the number of groupings is absurd to talk about. Nonetheless, massive numbers of these groupings naturally occur. There are family units, friend circles, individual connections, companies, project teams, sports teams, schools, classes, and millions more. These groups of people form new ways of interacting, express vastly different desires for goods and services, and are capable of producing wide varieties of goods and services themselves.

When you allow this system to run free, beauty emerges. Each node in the graph can manage its own connections. Each person is free to make his or her own decisions about association, what to spend time on, what to spend money on, and so on. Each person does so on their own judgement and world view.

Some of these people may make “dumb” decisions. They may “waste” their time and money on useless things. Except: who made that value judgement? Clearly not them, they decided it was worth it. No central planner has the right to override their will.

My point in all this is: as yet another of many reasons in the list of “why people should be free,” we have one more data point: pure math. Central planning will never scale. Central planning will never appreciate the individuality and desires of each person. Only by giving people the freedom to explore their connections to others, discover what they can produce and consume, explore their options, and ultimately make their own decisions, can we have any chance of creating a world where everyone can succeed.

@ 6fa90c11:8ffacd20

6886win đã nổi lên là một nền tảng giải trí trực tuyến vô cùng hấp dẫn, được biết đến với những trò chơi đa dạng và chất lượng cao. Tại đây, người chơi có thể tận hưởng hàng loạt trò chơi độc đáo, từ những game trí tuệ yêu cầu tư duy chiến lược đến các trò chơi giải trí đơn giản nhưng không kém phần thú vị. Mỗi trò chơi trên nền tảng này đều được thiết kế với đồ họa sắc nét, âm thanh sống động và giao diện thân thiện, tạo ra một trải nghiệm tuyệt vời cho người chơi. Bên cạnh đó, 6886win còn liên tục cập nhật các game mới để mang đến cho người chơi những thử thách và sự đổi mới, giúp người chơi không cảm thấy nhàm chán. Sự đa dạng và sáng tạo trong các trò chơi là yếu tố chính giúp 6886win giữ chân được đông đảo người chơi lâu dài, đồng thời tạo ra một cộng đồng game thủ sôi động, luôn tìm kiếm những điều mới mẻ.

Một điểm mạnh đáng chú ý khác của 6886WIN là hệ thống bảo mật và bảo vệ quyền lợi của người chơi. Nền tảng này sử dụng công nghệ mã hóa tiên tiến để bảo vệ thông tin cá nhân và các giao dịch tài chính của người chơi. Các phương thức thanh toán cũng rất đa dạng và an toàn, từ chuyển khoản ngân hàng đến các cổng thanh toán trực tuyến, giúp người chơi có thể dễ dàng nạp và rút tiền mà không phải lo lắng về sự an toàn của các giao dịch. Đặc biệt, hệ thống bảo mật của 6886win còn giúp ngăn chặn mọi hành vi gian lận và xâm nhập trái phép, đảm bảo rằng người chơi sẽ luôn có được trải nghiệm an toàn và minh bạch. Chính sự chú trọng vào bảo mật này đã giúp 6886win trở thành lựa chọn đáng tin cậy đối với những người chơi tìm kiếm sự an tâm khi tham gia vào nền tảng giải trí trực tuyến.

Ngoài ra, 6886win còn nổi bật với dịch vụ chăm sóc khách hàng chuyên nghiệp và tận tâm. Đội ngũ hỗ trợ của nền tảng luôn sẵn sàng phục vụ người chơi 24/7, giải đáp mọi thắc mắc và xử lý nhanh chóng các vấn đề mà người chơi gặp phải. Dù là thắc mắc về các trò chơi, vấn đề kỹ thuật hay các câu hỏi liên quan đến các chương trình khuyến mãi, người chơi đều có thể nhận được sự hỗ trợ nhiệt tình từ đội ngũ nhân viên chuyên nghiệp của 6886win. Hơn nữa, nền tảng này còn thường xuyên tổ chức các sự kiện hấp dẫn và chương trình khuyến mãi đặc biệt, giúp người chơi có thể nhận được những phần quà giá trị. Những sự kiện này không chỉ giúp tăng cường tinh thần cạnh tranh mà còn tạo cơ hội cho người chơi giao lưu và kết nối với nhau. Với sự kết hợp giữa các yếu tố giải trí, bảo mật và hỗ trợ khách hàng, 6886win xứng đáng là một trong những nền tảng giải trí hàng đầu mà người chơi có thể tin tưởng và lựa chọn.

@ d360efec:14907b5f

ภาพรวม BTCUSDT (OKX):

Bitcoin (BTCUSDT) แนวโน้มระยะยาว TF Day ยังคงเป็นขาลง แนวโน้มระยะกลาง TF 4H Sideway down และแนวโน้มระยะสั้น TF 15M Sideways Down

วิเคราะห์ทีละ Timeframe:

(1) TF Day (รายวัน):

• แนวโน้ม: ขาลง (Downtrend)
• SMC:
  • Lower Highs (LH) และ Lower Lows (LL)
  • Break of Structure (BOS) ด้านล่าง
  • Liquidity:
    • มี Sellside Liquidity (SSL) อยู่ใต้ Lows ก่อนหน้า
    • มี Buyside Liquidity (BSL) อยู่เหนือ Highs ก่อนหน้า
• ICT:
  • Order Block ราคาไม่สามารถผ่าน Order Block ได้
• EMA:
  • ราคาอยู่ใต้ EMA 50 และ EMA 200
• Money Flow (LuxAlgo): * สีแดง
• Trend Strength (AlgoAlpha):
  • สีแดง แสดงถึงแนวโน้มขาลง
• Chart Patterns: ไม่มีรูปแบบที่ชัดเจน
• Volume Profile: * Volume ค่อนข้างนิ่ง
• แท่งเทียน: แท่งเทียนล่าสุดเป็นสีแดง
• แนวรับ: บริเวณ Low ล่าสุด
• แนวต้าน: EMA 50, EMA 200 , Order Block
• สรุป: แนวโน้มขาลง

(2) TF4H (4 ชั่วโมง):

• แนวโน้ม: ขาลง (Downtrend)
• SMC:
  • Lower Highs (LH) และ Lower Lows (LL)
  • Break of Structure (BOS) ด้านล่าง
  • Liquidity:
    • มี SSL อยู่ใต้ Lows ก่อนหน้า
    • มี BSL อยู่เหนือ Highs ก่อนหน้า
• ICT:
  • Order Block ราคาไม่สามารถผ่าน Order Block ได้
• EMA:
  • ราคาอยู่ใต้ EMA 50 และ EMA 200
• Money Flow (LuxAlgo):
  • สีแดง แสดงถึงแรงขาย
• Trend Strength (AlgoAlpha): * สีแดง แสดงถึงแนวโน้มขาลง
• Chart Patterns: ไม่มีรูปแบบที่ชัดเจน
• Volume Profile: * Volume ค่อนข้างนิ่ง
• แนวรับ: บริเวณ Low ล่าสุด
• แนวต้าน: EMA 50, EMA 200, Order Block
• สรุป: แนวโน้มขาลง,

(3) TF15 (15 นาที):

• แนวโน้ม: Sideway Down
• SMC:
  • Lower High (LH) และ Lower Lows (LL)
  • Break of Structure (BOS) ด้านล่าง
• ICT:
  • Order Block: ราคา Sideways ใกล้ Order Block
• EMA:
  • EMA 50 และ EMA 200 เป็นแนวต้าน
• Money Flow (LuxAlgo):
  • แดง
• Trend Strength (AlgoAlpha):
  • แดง/ ไม่มีสัญญาณ
• Chart Patterns: ไม่มีรูปแบบที่ชัดเจน
• Volume Profile: Volume ค่อนข้างสูง
• แนวรับ: บริเวณ Low ล่าสุด
• แนวต้าน: EMA 50, EMA 200, Order Block
• สรุป: แนวโน้ม Sideways Down,

สรุปภาพรวมและกลยุทธ์ (BTCUSDT):

• แนวโน้มหลัก (Day): ขาลง
• แนวโน้มรอง (4H): ขาลง
• แนวโน้มระยะสั้น (15m): Sideways Down
• Liquidity: มี SSL ทั้งใน Day, 4H, และ 15m
• Money Flow: เป็นลบในทุก Timeframes
• Trend Strength: Day/4H/15m เป็นขาลง
• Chart Patterns: ไม่พบรูปแบบที่ชัดเจน
• กลยุทธ์:
  1. Wait & See (ดีที่สุด): รอความชัดเจน
  2. Short (เสี่ยง): ถ้าไม่สามารถ Breakout EMA/แนวต้านใน TF ใดๆ ได้ หรือเมื่อเกิดสัญญาณ Bearish Continuation
  3. ไม่แนะนำให้ Buy: จนกว่าจะมีสัญญาณกลับตัวที่ชัดเจนมากๆ

Day Trade & การเทรดรายวัน:

• Day Trade (TF15):

  • Short Bias: หาจังหวะ Short เมื่อราคาเด้งขึ้นไปทดสอบแนวต้าน (EMA, Order Block)
  • Stop Loss: เหนือแนวต้านที่เข้า Short
  • Take Profit: แนวรับถัดไป (Low ล่าสุด)
  • ไม่แนะนำให้ Long

• Swing Trade (TF4H):

  • Short Bias: รอจังหวะ Short เมื่อราคาไม่สามารถผ่านแนวต้าน EMA หรือ Order Block ได้
  • Stop Loss: เหนือแนวต้านที่เข้า Short
  • Take Profit: แนวรับถัดไป
  • ไม่แนะนำให้ Long

สิ่งที่ต้องระวัง:

• Sellside Liquidity (SSL): มีโอกาสสูงที่ราคาจะถูกลากลงไปแตะ SSL
• False Breakouts: ระวัง
• Volatility: สูง

Setup Day Trade แบบ SMC (ตัวอย่าง):

1. ระบุ Order Block: หา Order Block ขาลง (Bearish Order Block) ใน TF15
2. รอ Pullback: รอให้ราคา Pullback ขึ้นไปทดสอบ Order Block นั้น
3. หา Bearish Entry:
   • Rejection: รอ Price Action ปฏิเสธ Order Block
   • Break of Structure: รอให้ราคา Break โครงสร้างย่อยๆ
   • Money Flow: ดู Money Flow ให้เป็นสีแดง
4. ตั้ง Stop Loss: เหนือ Order Block
5. ตั้ง Take Profit: แนวรับถัดไป

คำแนะนำ:

• ความขัดแย้งของ Timeframes: ไม่มีแล้ว ทุก Timeframes สอดคล้องกัน
• Money Flow: เป็นลบในทุก Timeframes
• Trend Strength: เป็นลบ
• Order Block TF Day: หลุด Order Block ขาขึ้นแล้ว
• ถ้าไม่แน่ใจ อย่าเพิ่งเข้าเทรด

Disclaimer: การวิเคราะห์นี้เป็นเพียงความคิดเห็นส่วนตัว ไม่ถือเป็นคำแนะนำในการลงทุน ผู้ลงทุนควรศึกษาข้อมูลเพิ่มเติมและตัดสินใจด้วยความรอบคอบ

@ d360efec:14907b5f

$OKX:BTCUSDT.P

Overall Assessment:

Bitcoin (BTCUSDT) on OKX is currently showing a bearish trend across all analyzed timeframes (Daily, 4-Hour, and 15-Minute). While the long-term trend (Daily) was technically an uptrend, it has significantly weakened and broken key support levels, including a major bullish Order Block and the 50-period EMA. The 4-hour and 15-minute charts confirm the downtrend. This analysis focuses on identifying potential areas of Smart Money activity (liquidity pools and order blocks), assessing trend strength, and looking for any emerging chart patterns.

Detailed Analysis by Timeframe:

(1) TF Day (Daily):

• Trend: Downtrend
• SMC (Smart Money Concepts):
  • The Higher Highs (HH) and Higher Lows (HL) structure is broken.
  • Prior Breaks of Structure (BOS) to the upside, but now a significant and deep pullback/reversal is underway.
  • Liquidity:
    • Sellside Liquidity (SSL): Significant SSL rests below previous lows in the 85,000 - 90,000 range.
    • Buyside Liquidity (BSL): BSL is present above the all-time high.
• ICT (Inner Circle Trader Concepts):
  • Order Block: The price has broken below the prior bullish Order Block. This is a major bearish signal.
  • FVG: No significant Fair Value Gap is apparent at the current price level.
• EMA (Exponential Moving Average):
  • Price is below the 50-period EMA (yellow).
  • The 200-period EMA (white) is the next major support level.
• Money Flow (LuxAlgo):
  • A long red bar indicates strong and sustained selling pressure.
• Trend Strength (AlgoAlpha):
  • Red cloud, indicating a downtrend. No buy/sell signals are present.
• Chart Patterns: No readily identifiable chart patterns are dominant.
• Volume Profile: Relatively low volume.
• Candlesticks: Recent candlesticks are red, confirming selling pressure.
• Support: EMA 200, 85,000-90,000 (SSL area).
• Resistance: EMA 50, Previous All-Time High.
• Summary: The Daily chart has shifted to a downtrend. The break below the Order Block and 50 EMA, combined with negative Money Flow and Trend Strength, are all strong bearish signals.

(2) TF4H (4-Hour):

• Trend: Downtrend.
• SMC:
  • Lower Highs (LH) and Lower Lows (LL).
  • BOS to the downside.
  • Liquidity:
    • SSL: Below previous lows.
    • BSL: Above previous highs.
• ICT:
  • Order Block: The price was rejected by a bearish Order Block.
• EMA:
  • Price is below both the 50-period and 200-period EMAs (bearish).
• Money Flow (LuxAlgo):
  • Predominantly red, confirming selling pressure.
• Trend Strength (AlgoAlpha):
  • Red cloud, confirming downtrend.
• Chart Patterns: No readily identifiable chart patterns.
• Volume Profile: Relatively steady volume.
• Support: Recent lows.
• Resistance: EMA 50, EMA 200, Order Block.
• Summary: The 4-hour chart is in a confirmed downtrend. Money Flow and Trend Strength are bearish.

(3) TF15 (15-Minute): * Trend: Downtrend / Sideways Down * SMC: * Lower Highs (LH) and Lower Lows (LL). * BOS to the downside. * ICT: * Order Block price is near to a bearish Order Block. * EMA: * The 50-period and 200-period EMAs are acting as resistance. * Money Flow (LuxAlgo): * Red * Trend Strength (AlgoAlpha): * Red/No signals * Chart Patterns: None * Volume Profile: * Relatively High Volume * Support: Recent lows. * Resistance: EMA 50, EMA 200, Order Block. * Summary: The 15-minute chart is clearly bearish, with price action, EMAs, and Money Flow all confirming the downtrend.

Overall Strategy and Recommendations (BTCUSDT):

• Primary Trend (Day): Downtrend
• Secondary Trend (4H): Downtrend.
• Short-Term Trend (15m): Downtrend/ Sideways Down.
• Liquidity: Significant SSL zones exist below the current price on all timeframes.
• Money Flow: Negative on all timeframes.
• Trend Strength: Bearish on Day,4H and 15m.

• Chart Patterns: None identified.

• Strategies:

  1. Wait & See (Best Option): The strong bearish momentum on all shorter timeframes.

  2. Short (High Risk): This aligns with the 4H and 15m downtrends.

     • Entry: On rallies towards resistance levels (EMAs on 15m/4H, previous support levels that have turned into resistance, Order Blocks).
     • Stop Loss: Above recent highs on the chosen timeframe, or above a key resistance level.
     • Target: The next support levels (recent lows on 15m, then potentially the SSL zones on the 4H and Daily charts).

  3. Buy (Extremely High Risk - NOT Recommended): Do not attempt to buy until there are very strong and consistent bullish reversal signals across all timeframes.

Key Recommendations:

• Conflicting Timeframes: The conflict is resolved toward the downside. The Daily is weakening significantly.
• Money Flow: Consistently negative across all timeframes, a major bearish factor.
• Trend Strength: Bearish on Day,4h and 15m.
• Daily Order Block: The break of the bullish Order Block on the Daily chart is a significant bearish development.
• Sellside Liquidity (SSL): Be aware that Smart Money may target the SSL zones below. This increases the risk of stop-loss hunting.
• Risk Management: Due to the high uncertainty and volatility, strict risk management is absolutely critical. Use tight stop-losses, do not overtrade, and be prepared for rapid price swings.
• Volume: Confirm any breakout or breakdown with volume.

Day Trading and Intraday Trading Strategies:

• Day Trade (TF15 focus):

  • Short Bias: Given the current 15m downtrend and negative Money Flow, the higher probability is to look for shorting opportunities.
    • Entry: Look for price to rally to resistance levels (EMAs, Order Blocks, previous support levels that have become resistance) and then show signs of rejection (bearish candlestick patterns, increasing volume on the downside).
    • Stop Loss: Place a stop-loss order above the resistance level where you enter the short position.
    • Take Profit: Target the next support level (recent lows).
  • Avoid Long positions until there's a clear and confirmed bullish reversal on the 15m chart (break above EMAs, positive Money Flow, bullish market structure).

• Swing Trade (TF4H focus):

  • Short Bias: The 4H chart is in a downtrend.
    • Entry: Wait for price to rally to resistance levels (EMAs, Order Blocks) and show signs of rejection.
    • Stop Loss: Above the resistance level where you enter the short position.
    • Take Profit: Target the next support levels (e.g., the 200 EMA on the Daily chart, SSL zones).
    • Avoid Long positions until there's a clear and confirmed bullish reversal on the 4H chart.

SMC Day Trade Setup Example (TF15 - Bearish):

1. Identify Bearish Order Block: Locate a bearish Order Block on the TF15 chart (a bullish candle before a strong downward move).
2. Wait for Pullback: Wait for the price to pull back up to test the Order Block (this may or may not happen).
3. Bearish Entry:
   • Rejection: Look for price action to reject the Order Block (e.g., a pin bar, engulfing pattern, or other bearish candlestick pattern).
   • Break of Structure: Look for a break of a minor support level on a lower timeframe (e.g., 1-minute or 5-minute) after the price tests the Order Block. This confirms weakening bullish momentum.
   • Money Flow: Confirm that Money Flow remains negative (red).
4. Stop Loss: Place a stop-loss order above the Order Block.
5. Take Profit: Target the next support level (e.g., recent lows) or a bullish Order Block on a higher timeframe.

In conclusion, BTCUSDT is currently in a high-risk, bearish environment. The "Wait & See" approach is strongly recommended for most traders. Shorting is the higher-probability trade at this moment, but only for experienced traders who can manage risk extremely effectively. Buying is not recommended at this time.

Disclaimer: This analysis is for informational purposes only and represents a personal opinion. It is not financial advice. Investing in cryptocurrencies involves significant risk. Investors should conduct their own research and exercise due diligence before making any investment decisions.

@ 6fa90c11:8ffacd20

VK88 đã chứng tỏ được vị thế vững chắc của mình trong thế giới giải trí trực tuyến nhờ vào việc cung cấp một kho tàng trò chơi đa dạng và phong phú. Từ những game chiến thuật đỉnh cao cho đến những trò chơi thư giãn nhẹ nhàng, VK88 có thể đáp ứng mọi nhu cầu của game thủ, dù là người chơi có kinh nghiệm hay mới bắt đầu tham gia. Nền tảng này không ngừng đổi mới và sáng tạo, luôn cập nhật các trò chơi mới và thú vị để giữ chân người chơi lâu dài. Đặc biệt, VK88 sở hữu một giao diện thân thiện và dễ sử dụng, giúp người chơi có thể nhanh chóng làm quen và tận hưởng những trò chơi yêu thích của mình. Mỗi trò chơi tại VK88 đều được thiết kế tỉ mỉ với đồ họa sắc nét và âm thanh sống động, mang lại cho người chơi cảm giác như thật, giúp họ hoàn toàn đắm chìm vào không gian giải trí hấp dẫn. Bên cạnh đó, nền tảng này cũng rất chú trọng đến tính ổn định và mượt mà của hệ thống, giúp người chơi có thể trải nghiệm trò chơi mà không gặp phải tình trạng giật lag hay gián đoạn.

Một điểm đáng chú ý khác của VK88 là sự quan tâm đến cộng đồng người chơi. Không chỉ dừng lại ở việc cung cấp các trò chơi hay, VK88 còn tạo ra một môi trường tương tác, nơi game thủ có thể giao lưu, kết nối và học hỏi từ nhau. Các sự kiện và giải đấu thường xuyên được tổ chức, mang đến những thử thách mới mẻ và phần thưởng hấp dẫn cho những người chơi xuất sắc. Các game thủ có thể tham gia vào các cuộc thi, giao lưu và thể hiện tài năng của mình trong những trò chơi yêu thích. Những sự kiện này không chỉ giúp nâng cao tinh thần cạnh tranh mà còn tạo cơ hội để người chơi kết bạn và mở rộng mối quan hệ trong cộng đồng game. Ngoài ra, VK88 còn tổ chức nhiều chương trình khuyến mãi và phần thưởng hấp dẫn dành cho những người chơi trung thành. Những món quà này không chỉ có giá trị lớn mà còn giúp người chơi cảm thấy hài lòng và được trân trọng, từ đó tạo dựng sự gắn kết lâu dài với nền tảng.

Với những nỗ lực không ngừng trong việc cung cấp các trò chơi đa dạng, dịch vụ chăm sóc khách hàng tận tình và bảo mật tuyệt đối, VK88 đã và đang trở thành lựa chọn hàng đầu của rất nhiều người chơi. Đội ngũ hỗ trợ khách hàng của VK88 luôn sẵn sàng giúp đỡ người chơi trong mọi tình huống, từ vấn đề kỹ thuật cho đến các câu hỏi về các chương trình khuyến mãi hay sự kiện. Ngoài ra, nền tảng này cũng cam kết bảo vệ quyền lợi của người chơi bằng việc sử dụng các công nghệ bảo mật tiên tiến nhất, giúp người chơi cảm thấy an tâm tuyệt đối khi tham gia. Các phương thức thanh toán trên VK88 cũng rất đa dạng và thuận tiện, giúp người chơi dễ dàng nạp và rút tiền mà không gặp phải bất kỳ khó khăn nào. Chính vì những yếu tố này, VK88 không chỉ là một nền tảng giải trí trực tuyến thông thường mà còn là một cộng đồng gắn kết, nơi người chơi có thể tìm thấy niềm vui và sự an tâm. Nền tảng này chắc chắn sẽ tiếp tục là điểm đến lý tưởng cho những ai yêu thích giải trí trực tuyến.

@ b8851a06:9b120ba1

The digital guillotine has fallen. The Bybit hack wasn’t just a theft—it was a surgical strike exposing the fatal flaw of “crypto” that isn’t Bitcoin. This wasn’t a bug. It was a feature of a system designed to fail.

Here’s how North Korea’s Lazarus Group stole $1.5B in ETH, why “decentralized finance” is a joke, and how Bitcoin remains the only exit from this circus.

I. The Heist: How Centralized “Crypto” Betrayed Its Users

A. The Multisig Mousetrap (Or: Why You’re Still Using a Bank)

Bybit’s Ethereum cold wallet used multisig, requiring multiple approvals for transactions. Sounds secure, right? Wrong. • The Con: Hackers didn’t pick the lock; they tricked the keyholders using a UI masking attack. The wallet interface showed “SEND TO BYBIT”, but the smart contract was whispering “SEND TO PYONGYANG.” • Bitcoin Parallel: Bitcoin’s multisig is enforced on hardware, not a website UI. No browser spoofing, no phishing emails—just raw cryptography.

Ethereum’s multisig is a vault with a touchscreen PIN pad. Bitcoin’s is a mechanical safe with a key only you hold. Guess which one got robbed?

B. Smart Contracts: Dumb as a Bag of Hammers

The thieves didn’t “hack” Ethereum—they exploited its smart contract complexity. • Bybit’s security depended on a Safe.global contract. Lazarus simply tricked Bybit into approving a malicious upgrade. • Imagine a vending machine that’s programmed to take your money but never give you a soda. That’s Ethereum’s “trustless” tech.

Why Bitcoin Wins: Bitcoin doesn’t do “smart contracts” in the Ethereum sense. Its scripting language is deliberately limited—less code, fewer attack vectors.

Ethereum is a Lego tower; Bitcoin is a granite slab. One topples, one doesn’t.

II. The Laundering: Crypto’s Dirty Little Secret

A. Mixers, Bridges, and the Art of Spycraft

Once the ETH was stolen, Lazarus laundered it at lightspeed: 1. Mixers (eXch) – Obfuscating transaction trails. 2. Bridges (Chainflip) – Swapping ETH for Bitcoin because that’s the only exit that matters.

Bitcoin Reality Check: Bitcoin’s privacy tools (like CoinJoin) are self-custodial—no third-party mixers. You keep control, not some “decentralized” website waiting to be hacked.

Ethereum’s “bridges” are burning rope ladders. Bitcoin’s privacy? An underground tunnel only you control.

B. The $1.5B Lie: “Decentralized” Exchanges Are a Myth

Bybit’s “cold wallet” was on Safe.global—a so-called “decentralized” custodian. Translation? A website with extra steps. • When Safe.global got breached, the private keys were stolen instantly. • “Decentralized” means nothing if your funds depend on one website, one server, one weak link.

Bitcoin’s Answer: Self-custody. Hardware wallets. Cold storage. No trusted third parties.

Using Safe.global is like hiding your life savings in a gym locker labeled “STEAL ME.”

III. The Culprits: State-Sponsored Hackers & Crypto’s Original Sin

A. Lazarus Group: Crypto’s Robin Hood (For Dictators)

North Korea’s hackers didn’t break cryptography—they broke people. • Phishing emails disguised as job offers. • Bribes & social engineering targeting insiders. • DeFi governance manipulation (because Proof-of-Stake is just shareholder voting in disguise).

Bitcoin’s Shield: No CEO to bribe. No “upgrade buttons” to exploit. No governance tokens to manipulate. Code is law—and Bitcoin’s law is written in stone.

Ethereum’s security model is “trust us.” Bitcoin’s is “verify.”

B. The $3B Elephant: Altcoins Fund Dictators

Since 2017, Lazarus has stolen $3B+ in crypto, funding North Korea’s missile program.

Why? Because Ethereum, Solana, and XRP are built on Proof-of-Stake (PoS)—which centralizes power in the hands of a few rich validators. • Bitcoin’s Proof-of-Work: Miners secure the network through energy-backed cryptography. • Altcoins’ Proof-of-Stake: Security is dictated by who owns the most tokens.

Proof-of-Stake secures oligarchs. Proof-of-Work secures money. That’s why Lazarus can drain altcoin treasuries but hasn’t touched Bitcoin’s network.

IV. Bybit’s Survival: A Centralized Circus

A. The Bailout: Banks 2.0

Bybit took bridge loans from “undisclosed partners” (read: Wall Street vultures). • Just like a traditional bank, Bybit printed liquidity out of thin air to stay solvent. • If that sounds familiar, it’s because crypto exchanges are just banks in hoodies.

Bitcoin Contrast: No loans. No bailouts. No “trust.” Just 21 million coins, mathematically secured.

Bybit’s solvency is a confidence trick. Bitcoin’s solvency is math.

B. The Great Withdrawal Panic

Within hours, 350,000+ users scrambled to withdraw funds.

A digital bank run—except this isn’t a bank. It’s an exchange that pretended to be decentralized.

Bitcoin fixes this: your wallet isn’t an IOU. It’s actual money.

Bybit = a TikTok influencer promising riches. Bitcoin = the gold in your basement.

V. The Fallout: Regulators vs Reality

A. ETH’s 8% Crash vs Bitcoin’s Unshakable Base

Ethereum tanked because it’s a tech stock, not money. Bitcoin? Dropped 2% and stabilized.

No CEO, no headquarters, no attack surface.

B. The Regulatory Trap

Now the bureaucrats come in demanding: 1. Wallet audits (they don’t understand public ledgers). 2. Mixer bans (criminalizing privacy). 3. KYC everything (turning crypto into a surveillance state).

Bitcoin’s Rebellion: You can’t audit what’s already transparent. You can’t ban what’s unstoppable.

VI. Conclusion: Burn the Altcoins, Stack the Sats

The Bybit hack isn’t a crypto problem. It’s an altcoin problem.

Ethereum’s smart contracts, DeFi bridges, and “decentralized” wallets are Swiss cheese for hackers. Bitcoin? A titanium vault.

The Only Lessons That Matter:

✅ Multisig isn’t enough unless it’s Bitcoin’s hardware-enforced version. ✅ Complexity kills—every altcoin “innovation” is a security risk waiting to happen.

Lazarus Group won this round because “crypto” ignored Bitcoin’s design. The solution isn’t better regulations—it’s better money.

Burn the tokens. Unplug the servers. Bitcoin is the exit.

Take your money off exchanges. Be sovereign.

@ cff1720e:15c7e2b2

Trumps Antrittsrede, seine Präsidentenerlasse, Personalentscheidungen und Amtshandlungen hatten schon in kurzer Zeit die Konturen der künftigen US-Außenpolitik erkennen lassen. Aber in München sprach der Vizepräsident auf einer bedeutenden Konferenz direkt zu den Europäern, den “Partnern” und “Verbündeten”. Und was er ihnen in aller Deutlichkeit mitteilte, war nichts anderes als eine 180-Grad Kehrtwende zur Politik der Vorgänger-Regierung. Die Botschaft war kein Vorschlag, sondern eine Ansage, die Inhalte sind inzwischen hinlänglich bekannt. Obwohl die Rede erwartungsgemäß mehr als reichlich kommentiert wurde, möchte ich noch einige Aspekte ergänzen, die ich bisher in den Kommentaren vermisst habe.

Im November 1988 wurde die Auslieferung der sowjetischen Zeitschrift “Sputnik” in der DDR gestoppt, was einem Verbot gleichkam. Der Anlaß waren kritische Betrachtungen über Stalin und Berichte über den Hitler-Stalin-Pakt, den es laut DDR-Geschichtsschreibung nicht gab. Es war eine Zensur von Informationen aus dem Land des “großen Bruders”, der Führungsmacht der sozialistischen Welt. Das Diktum “von der Sowjetunion lernen heißt siegen lernen” galt erkennbar nicht mehr. Das war zugleich der Höhepunkt einer ideologischen Entfremdung die 1986 begonnen hatte, als Gorbatschow “Glasnost” (Offenheit) und “Perestroika” (Reformen) einforderte, welche von der vergreisten DDR-Führung als unnötig und gefährlich abgelehnt wurden. Gorbatschow hatte richtig erkannt, dass die sozialistischen Staaten ökonomisch und gesellschaftlich gescheitert waren und ohne Reformen nicht überleben würden. Die Einsicht kam aber zu spät, die DDR kollabierte bereits ein Jahr später an ihrem Reformstau, die UdSSR Ende 1991 trotz der begonnenen Reformversuche. 

Die Parallelen sind unverkennbar, eklatante politische Fehler (u.a. Euro seit 2009 und Migration seit 2015) haben die EU-Staaten zunächst zu Sanierungsfällen gemacht, durch die Corona-Politik zu Insolvenzkandidaten. Der Rubikon ist längst überschritten, die Schönwetter-Union ist nicht mehr zu retten. Den Amerikanern ist das klar, daher sind die Reform-Appelle von Vance wohl eher seiner Höflichkeit zuzurechnen. Für die US-Regierung ist die EU bereits jetzt nicht mehr existent, Verträge werden wieder direkt mit den Mitglieds-Staaten getroffen, und in den Ukraine-Verhandlungen ist kein Platz am Verhandlungstisch. Die Themenbereiche bei den Gesprächen in Riad haben aber auch gezeigt, dass Amerikaner und Russen in global-strategischen Dimensionen denken, die Ukraine ist zurecht nur ein Randthema. Die aktuelle Rhetorik europäischer Politiker hingegen ist niveaulos und kleinkariert, man spielt in der 2. Liga, die EU hat sich selbst vom Akteur zum Objekt degradiert.

Was bedeutet das für unsere Zukunft? Und was ist von der neuen US-Führung zu erwarten? Die unsäglichen Diskussionen darüber ob nun Trump und Musk gut oder böse sind, vernebelt nur eine klare Tatsache. Die EU hat keinen Rückhalt mehr vom “großen Bruder”, weder durch die NATO in Sachen Ukraine, noch durch Zensur von Systemkritikern (USAID, BigTech). Letzteres führt zu drei fundamentalen Veränderungen.\ \ 1. Das Narrativ von den “westlichen Werten” ist tot. Auf diesem Axiom der USA basierte die gesamte Propaganda-Maschine, es wurde zur Religion. Nun versuchen gerade Provinzpolitiker wie Pistorius und Habeck mit beschränkten rhetorischen Mitteln zu definieren was “westliche Werte” ohne die USA sind, was mehr für Begeisterung bei Satirikern beiträgt als zur Überzeugung von Tagesschau-Anhängern.\ \ 2. Die Deutungshoheit geht verloren weil immer mehr Publizisten ihr Fähnchen in den sich drehenden Wind hängen, sofern sie noch von Leser-Abos und Werbekunden abhängig sind. Die einsetzende Kakophonie verwirrt die Masse der schlichten Medien-Konsumenten, die über Jahrzehnte auf Nachrichten-Konformität dressiert worden sind. \ \ 3. Weniger Zensur in den sozialen Medien verschafft den kritischen Stimmen mehr Reichweite, “bedrohliche” Meinungsvielfalt entsteht. Leider können die meisten Kritiker aber nur kritisieren, was uns zurück in die Zeiten des Sputnik-Verbots führt.

Die DDR-Opposition hat beim Abriss der DDR mitgewirkt, über diese Rolle ist sie aber nie hinaus gekommen. Als die Mauer gefallen war und es um die Neugestaltung ging, hat sie kläglich versagt. Dem Großteil der heutigen Opposition droht das selbe Schicksal, weil sie keinen Plan für die Stunde Null hat. Bei Tauwetter darf man nicht mehr über den Winter diskutieren, sondern über das Bestellen der Felder. Wer die Saat ausbringt, entscheidet über die Ernte. Den Kollaps betreffend ist nur noch der Zeitpunkt unklar, für den Zeitraum danach jedoch alles. Wenn wir uns eine Bürgergesellschaft wünschen, dann müssen wir jetzt als Bürger aktiv werden, also DU, Leser. Spende für Pareto, oder für kritische Autoren und Aktivisten. Mach Dir Gedanken über die Zukunft und publiziere sie, hier auf Pareto, wir fördern den Bürger-Journalismus. Schließe Dich einem Projekt an, leiste einen Beitrag und gestalte die Zukunft. Macht wird nicht verteilt, Macht muss man sich erkämpfen.\ \ “Nur der verdient sich Freiheit wie das Leben, der täglich sie erobern muß.” Goethe, Faust Teil 2

Spenden für Pareto: https://geyser.fund/project/pareto

Pareto Landing Page: https://pareto.space

Pareto Marktplatz: https://pareto.space/read

@ 1739d937:3e3136ef

We've been busy. In my last update, I shared that I was sure MLS on Nostr was going to work and shared an early demo of the app. What a long time ago that seems now.

The big news is that White Noise is no longer just a demo. It's a real app. You can download the alpha release and run it for yourself on MacOS, Linux, or Android. iOS TestFlight is coming soon. Keep in mind that it's still very much alpha software; a lot is changing and I wouldn't recommend using it for anything serious quite yet.

We've been busy. In my last update, I shared that I was sure MLS on Nostr was going to work and shared an early demo of the app. What a long time ago that seems now.

Vision

Before we get to the detailed project updates, I wanted to share a bit of my vision for White Noise.

More and more; freedom of speech, freedom of association, and privacy are under attack. Just this week, Apple was forced to remove their iCloud advanced encryption feature for all UK citizens because the UK government demanded that Apple build a backdoor to allow access to customer data. The EU continues to push "Chat Control" legislation that would force companies to remove end-to-end encryption from their platforms. And governments across the world are enforcing draconian "hate speech" laws that criminalize speech that offends or upsets.

The freedom to express ourselves and discuss difficult topics is a critical precondition for maintaining a healthy society. Without the ability to assert ideas and argue their merits vigorously we have no way of making progress or creating a civil society based on shared values and goals. Ironically, the very laws and regulations that many western governments are enforcing to "protect" us are eroding and destroying the most free and innovative societies in history.

White Noise is to built to protect our freedom to gather, to express ourselves, and to discuss difficult topics. It's free and open source; anyone can fork the code and we'll never charge money to use it. It runs on a free and open source protocol; your identity and social graph is yours to own and control. You don't have to trust us with your data, everything is end-to-end encrypted and metadata is next to non-existent. We don't even run any servers, so government data requests will forever fall on deaf ears.

We want to build the fastest, most secure and private, and the most usable messenger in the world. Whether you want to use it to plan a family BBQ or overthrow a tyrant, White Noise should give you the tools you need to make it happen.

If you find this compelling and want to help, please consider contributing to the project or donating.

Progress

Alright, let's talk about where we're at with the project.

Current functionality

• Multiple accounts. You can login, or create, many different Nostr accounts in the app.
• Search your nostr contact list, search for users you don't follow, or add contacts using an npub or hex public key.
• Create DM groups. Right now, you can only create chats with a single other user. Under the hood, these DMs are actually groups, I just haven't added the UI for adding/removing users and managing the group.
• Send messages, reply to messages, and add reactions. As you would expect from a messenging app.
• View group information.
• Settings that allows you to manage your accounts, relays, and other app settings.

Upcoming

• An amazing hackathon group from Bitcoin++ in Brasil has recently added NWC (nostr wallet connect) support to the app. Paste lightning invoices into chats and they'll become QR codes that you can scan or pay them with a single click in the conversation! This will be in the next release.
• Add support for encrypted media in chats using Blossom. We'll start with images, but plan to add video, audio messages, and documents soon.
• Groups with more than two users. We'll add the ability to add/remove users and manage the group. This will also include some upgrades to further improve the forward secrecy of group chats.
• iOS TestFlight. Gated app stores suck. We'll get White Noise on iOS into TestFlight as soon as possible.

Links

• The repo
• Releases
• Previous updates

@ e5de992e:4a95ef85

The future of decentralized identity promises a digital landscape where users have full control over their personal data, privacy, and interactions. When users own their digital presence, several transformative changes could reshape the internet:

---

Empowerment and Control

Self-Sovereignty

Users will manage their identities through cryptographic keys rather than relying on third-party platforms. This means you decide what data to share, how to share it, and with whom, eliminating reliance on centralized authorities.

Data Portability

Decentralized identity frameworks enable seamless movement of personal data across various services. Without vendor lock-in, you can maintain a consistent digital persona, regardless of the platform or application you choose to use.

---

Privacy and Security

Enhanced Privacy

With decentralized identity, you control the amount and type of information you reveal. This minimizes exposure to data breaches, unauthorized surveillance, and privacy violations that are common in centralized systems.

Stronger Security

Cryptography plays a central role in decentralized identity, reducing the risk of identity theft and fraud. Since your identity is not stored in a single, vulnerable location, it's much harder for attackers to compromise your personal information.

---

Interoperability and Innovation

Interoperable Ecosystems

Decentralized identity standards can pave the way for interoperable systems where different services and platforms recognize and trust your digital credentials. This can lead to smoother user experiences and increased innovation in digital services.

New Economic Models

Ownership of your digital identity might also enable new ways to monetize personal data. Instead of platforms harvesting data for profit, users could potentially control and even earn from the use of their own information.

---

Social and Cultural Impact

Democratizing the Digital Space

A user-owned digital identity reduces the power imbalance between large tech corporations and individuals. It fosters a more democratic online environment where freedom of expression and personal autonomy are respected.

Resilience Against Censorship

Decentralized systems distribute data across multiple nodes, making it far more resistant to censorship. This ensures that your voice can be heard even in environments where centralized platforms might suppress it.

---

Challenges Ahead

Usability and Adoption

While the potential benefits are significant, mainstream adoption will require overcoming technical and usability challenges. Managing cryptographic keys, for instance, may be daunting for non-technical users unless user-friendly solutions are developed.

Regulatory and Standardization Issues

As decentralized identity becomes more prevalent, there will be a need for clear standards and regulations to ensure interoperability, security, and consumer protection without stifling innovation.

---

In Summary

When users own their digital presence, the future of decentralized identity is marked by increased privacy, enhanced control, and a more open, interoperable digital ecosystem. This shift not only empowers individuals but also encourages the development of innovative technologies and business models that prioritize user rights and freedoms in the online world.

@ 57d1a264:69f1fee1

I've been pondering how LSPs (lightning service providers) might pan out over time and how that might affect fees, and I am wondering what everyone else is thinking. Some people will always prefer to manage their own channels, and for some specific use cases, that might be preferable. But I am thinking about the broad userbase that does not want to do that. We will need a massive LSP infrastructure to onboard people and to enable insane amounts of payments.

LSPs will need to efficiently open and adjust channels for users, using their own liquidity or sourcing liquidity from other providers, using just-in-time channels, batching and/or splicing to reduce costs and wait times. Across all this, along with facilitating payments, they need to make their business model work and offer different options for users to pay for their services.

Users might be able to: 1. Pay-as-you-go (pay X for Y more liquidity for Z amount of time) 2. Pay X per month for Y inbound liquidity 3. Pay X per month for unlimited liquidity 4. Nothing for liquidity, but higher transaction fees

A wallet might also automatically choose an appropriate LSP based on what is the best and most appropriate deal at the time.

Let's look at user scenarios: - If someone sends and receives the same amount every month, they will never need more liquidity. They just draw down the same channel and fill it up again. So they would only pay the LSP for them assigning that fixed amount of liquidity to them. Maybe options 1 and 2 are good for them. - If someone receives more than they send (they save a certain amount every month), they will need more and more inbound liquidity over time. They might choose option 2. - An online store that receives a ton and can't really estimate how much, might go for option 3. - For option 4, it depends if the higher transaction fees are fixed or percentage-based.

It's a bit like choosing a data plan for your phone (or for internet at home). You can get a prepaid card, a regular plan with certain limits, or go unlimited. And there are separate plans for small and large businesses, etc. And there are massive amounts of complex infrastructure behind these service providers to make it all work.

So when someone starts using a lightning wallet, maybe they have to first pick an LSP and a plan before being able to receive. Or maybe they get a first channel for free and pay higher fees, and are then prompted to choose a plan. Maybe they need to wait an hour until the LSP has enough channel opens for a batch/splice, to reduce costs. A complex market at work.

Is that how things might pan out? Am I completely off? Is it worth mocking up different scenarios?

```

bitcoin #LN #BTC #Lightning #LSP #service #zaps #sats #wallet

```

originally posted at https://stacker.news/items/896520

@ dbb19ae0:c3f22d5a

``` python

!/usr/bin/env python3

import asyncio from nostr_sdk import Metadata, Client, NostrSigner, Keys, Filter, PublicKey, Kind, init_logger, LogLevel from datetime import timedelta

async def main(): init_logger(LogLevel.INFO) secret_key = "nsec1........Replace with your actual nsec secret key" keys = Keys.parse(secret_key) signer = NostrSigner.keys(keys) client = Client(signer)

await client.add_relay("wss://relay.damus.io")
await client.connect()

# Update metadata
new_metadata = Metadata().set_name( "MyName")\
.set_nip05("MyName@example.com")\
.set_lud16("MyName@lud16.com")
await client.set_metadata(new_metadata)
print("Metadata updated successfully.")
# Get updated metadata
npub = "npub1....Replace with your actual npub"
pk = PublicKey.parse(npub)
print(f"\nGetting profile metadata for {npub}:")
metadata = await client.fetch_metadata(pk, timedelta(seconds=15))
print(metadata)

if name == 'main': asyncio.run(main()) ```

@ f4c59e4c:82f66850

Introduction

Dora Factory actively participated in governance across multiple blockchain ecosystems, including Cosmos Hub, dYdX, Injective, and Osmosis, by casting votes on key proposals. These decisions reflect Dora Factory’s commitment to supporting network upgrades, optimizing infrastructure, and ensuring responsible treasury and market management. Below is a summary of recent governance actions.

---

Proposals

Cosmos Hub

2025-02-14 Cosmos Proposal 988 Yes Dora Factory voted YES on Cosmos Proposal 987 to approve the Gaia v22 software upgrade. The upgrade includes updates to the Cosmos Hub binary and has been tested by Informal Systems and Hypha Co-op.

dYdX

2025-02-04 dYdX Proposal 208 Yes Dora Factory voted YES on dYdX Proposal 208 to add the dYdX Operations subDAO (DOS) signer as a market authority in the market map module and remove the 10% revenue share. This change allows DOS to update the market map while ensuring no fees accrue to Market Mappers, aligning with the community’s interests.

2025-02-08 dYdX Proposal 210 No Dora Factory voted NO on dYdX Proposal 210, which aimed to revive the dYdX client to Sifchain. The proposal was flagged as suspicious due to false claims of support from Informal Systems, lack of prior discussion, and potential security implications for dYdX Chain.

2025-02-10 dYdX Proposal 211 Yes Dora Factory voted YES on dYdX Proposal 211, which recalls the Stride Liquid Staking Program. The proposal transfers control of stDYDX from the dYdX Community Treasury to the dYdX Treasury SubDAO, allowing it to redeem and manage the assets directly.

Injective

2025-01-29 Injective Proposal 490 Yes Dora Factory voted YES on Injective Proposal 490, which aimed to recover the IBC client for Kopi chain.

2025-02-03 Injective Proposal 491 Yes Dora Factory voted YES on Injective Proposal 491, which aimed to increase the maximum gas amount per block to 150,000,000 to optimize on-chain transaction handling

2025-02-06 Injective Proposal 493 Abstain Dora Factory ABSTAINED on Injective Proposal 493, which aimed to launch an on-chain S&P 500 Index market by introducing the SPY/USDT perpetual market across Injective Exchange dApps.

2025-02-12 Injective Proposal 494 Yes Dora Factory voted YES on Injective Proposal 494, which proposed the Nivara mainnet upgrade. The upgrade includes enhancements to the RWA oracle and module architecture, improved delegation controls, and security updates for the exchange module and Injective Bridge.

2025-02-12 Injective Proposal 495 Yes Dora Factory voted YES on Injective Proposal 495, which aimed to recover the IBC client used by the Kopi chain. The proposal passed with significant support.

2025-02-12 Injective Proposal 496 Yes Dora Factory voted YES on Injective Proposal 496, which aimed to modify the ticker for the TRADFI/USDT PERP market to reflect the appropriate ticker.

2025-02-20 Injective Proposal 498 Yes Dora Factory VOTED YES on Injective Proposal 498, which aims to launch the JNI/HDRO Spot Market for trading the JNI token in HDRO-denominated quote.

Osmosis

2025-01-29 Osmosis Proposal 897 Yes Dora Factory voted YES on Osmosis Proposal 897, which aimed to recover the IBC client used by the Kopi chain.

2025-02-04 Osmosis Proposal 898 Yes Dora Factory voted YES on Osmosis Proposal 898, which aimed to reduce gas consumption for Mars contracts by pinning binary contracts and reducing resource usage.

2025-02-04 Osmosis Proposal 899 Yes Dora Factory voted YES on Osmosis Proposal 899, which aimed to increase the static limits for Alloyed BTC during its rapid growth phase.

2025-02-04 Osmosis Proposal 900 Yes Dora Factory voted YES on Osmosis Proposal 900, which requested $150,000 USDC from the Osmosis community pool to bootstrap DOGE liquidity by purchasing DOGE and adding it to a DOGE/USDC liquidity pool on Osmosis.

2025-02-07 Osmosis Proposal 901 Yes Dora Factory voted YES on Osmosis Proposal 901, which authorized the purchase of BTC using 25% of Osmosis' non-OSMO taker fees. The January 2025 purchase was expected to be around 1.4 BTC.

---

Conclusion

Dora Factory’s recent votes demonstrate a strong focus on enhancing blockchain infrastructure, optimizing network efficiency, and ensuring responsible asset management. By supporting essential upgrades, market optimizations, and community-driven initiatives, Dora Factory continues to contribute to the long-term sustainability and innovation of these ecosystems.

@ e047f82f:f7d05b0b

21 คำแนะนำสำหรับโครงการบิตคอยน์จากประเทศอินโดนีเซีย (Bitcoin House Bali)

เริ่มต้น!! 1. Just start - แค่เริ่มต้น ทุกการเดินทางในโลกของบิทคอยน์เริ่มต้นด้วยก้าวแรก การหาจุดยืนของคุณในชุมชนบิทคอยน์อาจรู้สึกน่าหวั่นใจ แต่ไม่มีข้อมูลเชิงลึกใดๆ ต่อไปนี้จะสำคัญถ้าคุณไม่ลงมือทำ ขั้นตอนสำคัญและง่ายที่สุดคือการเริ่มต้นไม่ว่าจะเป็นการเข้าร่วมโครงการบิทคอยน์หรือสร้างโครงการของคุณเอง สิ่งสำคัญคือการเริ่มต้น

1. Make 'em curious - ทำให้พวกเขาอยากรู้
   ไม่ใช่เรื่องการสอนทุกอย่างหรืออธิบายข้อเท็จจริงทั้งหมด สิ่งที่สำคัญมากกว่านั้นคือการทำให้ผู้คนอยากรู้ ดึงดูดพวกเขาโดยการแบ่งปันแง่มุมที่น่าสนใจ ถามคำถามที่กระตุ้นความคิด และทำเป็นตัวอย่าง

2. Don't burn out - อย่าเพิ่งหมดไฟ พูดตามตรง ในฤดูร้อนปี 2024 เราเกือบจะปิด Bitcoin House และหยุดงานทั้งหมด เรารู้ว่าหนทางนี้มันยากลำบาก ดังนั้นโปรด "อย่าเพิ่งหมดไฟ" บทเรียนนี้มาจาก Dusan (AmityAge) ผู้ดูแล Bitcoin House ใน Roatan และสอนบทเรียนเกี่ยวกับเรื่องทั้งทางการเงินและจิตใจ

3. นี่คือ 4 พื้นฐานที่จะช่วยให้คุณเริ่มต้นและรักษาโครงการของคุณโดยไม่หมดไฟ
4. เริ่มต้นง่ายๆ และไม่แพง
5. เขียนโครงการบน Geyser.fund
6. สมัครขอรับทุน (เช่น OpenSats, Human Rights Foundation หรือ Block)

7. สร้างรายได้จากโครงการของคุณ (เช่น การขายสินค้า การเรียกเก็บเงินสำหรับการให้ความรู้ส่วนตัวแบบ 1:1) **จำไว้ว่า จังหวะและการรักษาความสม่ำเสมอทำให้งานยังเดินต่อไปได้  - ความยั่งยืนเป็นกุญแจสำคัญ!!!

8. Do good & talk about it - ทำอย่างดีและพูดถึงมัน
   การแบ่งปันความพยายามของคุณ คุณสามารถสร้างความตระหนัก ดึงดูดการบริจาค ได้รับเงินทุน และสร้างการเชื่อมต่อที่มีคุณค่า แม้ว่าการนำเสนอตัวเอง ไม่ว่าจะเป็นบนโซเชียลมีเดีย การสัมภาษณ์ หรือในพอดแคสต์ อาจรู้สึกน่ากลัวในตอนแรก แต่มันก็คุ้มค่า การพูดอย่างเปิดเผยเกี่ยวกับภารกิจของคุณไม่เพียงแต่สร้างความไว้วางใจและความน่าเชื่อถือ แต่ยังช่วยทำให้มีการสนับสนุนชุมชนเพิ่มขึ้นในส่วนอื่นๆ รอบตัวคุณ

9. Be like Tarzan - เป็นเหมือนทาร์ซาน ถ้าคุณต้องการไปจากจุด A ถึง B โดยส่วนใหญ่เส้นทางของคุณจะไม่เป็นเส้นตรง จงฉวยโอกาส แกว่งจากเถาวัลย์หนึ่งไปอีกเถาวัลย์หนึ่ง คว้าโอกาสที่เข้ามา การใช้ชีวิตแบบนั้นสนุกกว่ามากและคุณจะได้รับประสบการณ์มากมายระหว่างทาง

คุณทำได้! 6. Recalibrate every month - ปรับปรุงใหม่ทุกเดือน อย่าวิ่งไปมาเหมือนไก่ไม่มีหัว ในทีมของเรา มักถูกเบี่ยงเบนความสนใจ สูญเสียจุดยืน และทำงานที่ไม่ได้พาไปใกล้เป้าหมายที่ตั้งไว้ ดังนั้นเราจึงแนะนำการประชุมรายเดือน เพื่อทบทวนความสำเร็จ เป้าหมาย บทเรียนที่ได้รับ และการปรับเปลี่ยนที่จำเป็น เริ่มต้นแต่ละเดือนด้วยเป้าหมายที่ชัดเจน คงความสอดคล้องและทำงานให้มีประสิทธิภาพมากขึ้นเพื่อมุ่งสู่เป้าหมาย

1. Teach the kids, reach the parents - สอนเด็ก เข้าถึงพ่อแม่ เราเริ่มจัดเวิร์คช็อปสำหรับเด็กและรู้สึกเหมือนเป็นการโกง เด็กๆ ชอบมันมาก แต่สิ่งที่น่าประหลาดใจคือพ่อแม่ของพวกเขา เมื่อพวกเขามาส่งหรือมารับลูก พวกเขาเกิดความอยากรู้และต้องการเรียนรู้เพิ่มเติม มักจะกลับมาที่ Bitcoin House ของเราด้วยตัวเอง (และมันสนุกมากที่มี “ลูกสมุนอาชญากร” ที่อยากรู้อยากเห็นอยู่รอบตัวคุณ)

2. Let them learn hands-on ให้พวกเขาเรียนรู้แบบลงมือทำ การเรียนรู้จะมีประสิทธิภาพมากขึ้นเมื่อเป็นประสบการณ์ ผู้คนเรียนรู้ได้เร็วขึ้นเมื่อพวกเขาสามารถลอง สัมผัส และเห็นสิ่งที่พวกเขากำลังเรียนรู้ ดังนั้นคำแนะนำของเรา : พิมพ์สื่อ และนำเครื่องมือทางกายภาพมา เช่น ฮาร์ดแวร์วอลเล็ต โหนด หรือแม้แต่เครื่องขุด

สำหรับการพบปะ เราพบว่าการให้ความรู้ได้ผลดีที่สุด เริ่มต้นด้วยการนำเสนอสั้นๆ หรือแบบฝึกหัดแบบลงมือทำเพื่อเจาะลึกสิ่งใหม่ๆ เกี่ยวกับบิทคอยน์ จากนั้นตามด้วยการพบปะอย่างไม่เป็นทางการ

1. Snag freebies at conferences - คว้าของฟรีในงานประชุม ข่าวดี: คุณไม่จำเป็นต้องซื้อทุกสิ่งที่เรากล่าวถึงใน ข้อ 8 บริษัทบิทคอยน์ชอบสนับสนุนการศึกษา ดังนั้นแค่ไปงานประชุมและคว้าของฟรี! ขอขอบคุณอย่างมากสำหรับ Hodlshop, Blockstream, StampSeed, Konsensus Network และบริษัทบิทคอยน์อื่นๆ อีกมากมาย—ที่ BTC Prague เราได้รับกระเป๋าเงินฮาร์ดแวร์มือสอง แผ่นเหล็ก และหนังสือเพียงแค่ร้องขอหรือสอบถาม

2. Create a home - สร้างบ้าน
   การมีพื้นที่ทางกายภาพไว้คอยต้อนรับเพิ่มคุณค่าให้ชุมชนอย่างมาก เป็นพื้นที่ปลอดภัยในการเรียนรู้ ถามคำถาม ทำผิดพลาด และเชื่อมต่อกับเพื่อน Bitcoin House ของเรามีสีสัน เต็มไปด้วยสิ่งที่ต้องค้นหา และบรรจุอุปกรณ์ที่สนุกสนาน (เช่น Bitcoiner Parking, Bitcoin Swing, FEDIminton court ฯลฯ) เราเริ่มทักทายแขกด้วยคำว่า "ยินดีต้อนรับสู่บ้าน" เพื่อให้พวกเขารู้สึกดีตั้งแต่เริ่มต้น

เปลี่ยนอุปสรรคให้เป็นโอกาส 11. Push the limits ... but don't die as a martyr - ผลักดันขีดจำกัด ... แต่อย่าตายเหมือนผู้กล้า
โดยเฉพาะถ้าคุณอยู่ในประเทศเผด็จการที่บิทคอยน์ถูกแบน ผลักดันต่อไปเพื่อปรับปรุงชีวิตของผู้คนรอบตัวคุณ แต่ให้รู้ว่าเส้นแบ่งอยู่ที่ไหน มันเกี่ยวกับการสร้างผลกระทบโดยไม่ต้องเสียสละตัวเองในการทำงาน

1. It might get worse before it's getting better ... be prepared - อาจจะแย่ลงก่อนที่จะดีขึ้น ... เตรียมตัว เราค่อนข้างอ่อนประสบการณ์ในตอนแรก อาจจะแย่ก่อนที่จะดีขึ้นและนั่นไม่เป็นไร เราไม่สามารถคาดหวังให้การยอมรับบิทคอยน์เกิดขึ้นอย่างราบรื่น บางครั้งเรื่องก็ไม่เป็นไปตามแผน โดยเฉพาะถ้าคุณผลักดันขีดจำกัด จะมีการต่อต้านและพยายามข่มขู่ เตรียมพร้อมสำหรับสิ่งที่แย่ที่สุด มีแผนฉุกเฉินบางอย่าง นั่นหมายถึง: รู้ว่าจะโทรหาใคร รู้ว่าควรพูดอะไรและไม่ควรพูดอะไร ดูแลความเป็นส่วนตัวของคุณ เก็บบิทคอยน์ของคุณไว้อย่างปลอดภัย

2. Combine Bitcoin with the local culture - ผสมผสานบิทคอยน์กับวัฒนธรรมท้องถิ่น
   แทนที่จะบอกว่าบิทคอยน์เป็นสิ่งที่ใหม่โดยสิ้นเชิง ให้หาความคล้ายคลึงกันระหว่างวัฒนธรรมท้องถิ่น ความเชื่อ ค่านิยม และประเพณี จากนั้นมันจะง่ายขึ้นมากสำหรับผู้คนที่จะรู้สึกเชื่อมโยงและเปิดรับบิทคอยน์มากขึ้น

3. MFB is f*cking awesome - MFB (My First Bitcoin) เจ๋งมาก เราสงสัยมากเกี่ยวกับ My First Bitcoin เราหาเหตุผลนับไม่ถ้วนว่ามันจะไม่ได้ผล โดยไม่เคยลอง นั่นคือความผิดพลาดครั้งใหญ่ เรารู้สึกทึ่งกับผลที่เกิดขึ้น ทุกสัปดาห์ เราเห็นผู้คนเปลี่ยนแปลงและนำชีวิตของพวกเขาไปในทิศทางใหม่ โปรแกรมนี้สนุก และนักเรียนอยากรู้อยากเห็นมาก หลังการสอบ หลายคนต้องการมีส่วนร่วมในบิทคอยน์ บางคนถึงขั้นกลายเป็นอาสาสมัครหรือครูเอง ถ้าคุณยังไม่ได้สอนคลาสนี้ ลองทำให้มันเกิดขึ้น!

4. Find your Ikigai in the project - หา Ikigai ของคุณ ลองทำสิ่งต่างๆ เพื่อหาจุดที่เหมาะสมของคุณในบิทคอยน์ เราทุกคนอยู่ที่นี่เพื่อจุดประสงค์บางอย่าง ทำในสิ่งที่คุณรักและสิ่งที่ทำให้คุณมีความสุขเพื่อรักษาแรงจูงใจในระยะยาว ในทีมของเรา Dimas พบ ikigai ของเขาในการสอน ในขณะที่ Keypleb มีความหลงใหลอย่างมากในด้านเทคนิคของบิทคอยน์ Diana ชอบความคิดสร้างสรรค์ สร้างเนื้อหา และดูแลการสื่อสาร ในขณะที่ Marius ชอบ orange-pilling ผู้คนและนำร้านค้ามาเข้าร่วม การรู้ความหลงใหลและจุดแข็งของแต่ละคนช่วยเพิ่มประสิทธิภาพของโครงการโดยรวม

ปรับปรุงต่อไป 16. Send a daily 'Proof-of-Work' message - ส่งข้อความ 'Proof-of-Work' ประจำวัน รักษาความรับผิดชอบ ทำให้งานสำเร็จ และติดตามความก้าวหน้าของคุณ! เรื่องราวมากมายสามารถเกิดขึ้นได้ในวันเดียว และนิสัยนี้ช่วยให้คุณอยู่ในเส้นทางและเห็นผลลัพธ์จริง เมื่อเราเริ่มทำสิ่งนี้ ผลงานอาจจะเพิ่มเป็นสองเท่า นอกจากนี้ มันเป็นแรงจูงใจที่จะเห็น PoW ของคนอื่นและความก้าวหน้าโดยรวมของทีมทั้งหมดในเพียงวันเดียว

1. Put your money where your mouth is - ทำในสิ่งที่คุณพูด ถ้าคุณเชื่อมั่นในภารกิจและโครงการของคุณ เริ่มต้นด้วยเงินของคุณเอง เราใช้เงินส่วนตัวจำนวนมากในตอนแรกเพื่อให้การศึกษาฟรี สร้าง Bitcoin house และจัดการพบปะและเวิร์คช็อปทั้งหมด สิ่งนี้แสดงให้คนอื่นเห็นว่าเราจริงจังกับเรื่องนี้มากแค่ไหน

2. If you have the courage to speak it out, it will happen - ถ้าคุณมีความกล้าที่จะพูดออกไป มันจะเกิดขึ้น!! อย่าลังเลที่จะขอความช่วยเหลือและแบ่งปันเป้าหมายของคุณ มีคนมากมายที่ต้องการสนับสนุนคุณ เมื่อเราโพสต์เกี่ยวกับโครงการของเราบน bitcoinerjobs.com เราประหลาดใจกับจำนวนอาสาสมัครที่เข้าร่วมกับเรา เรายังติดต่อกับชุมชน โดยบอกว่าเราอยากจะเปิดโหนดเต็มรูปแบบที่บ้าน และเพียงสองเดือนต่อมา สมาชิกคนหนึ่งก็บริจาคโหนดบิทคอยน์ที่ตั้งค่าเสร็จแล้ว ถ้าคุณต้องการเป็นผู้พูด ให้สมัคร พูดเป้าหมายของคุณออกมา มันมีแนวโน้มที่จะเกิดขึ้นมากกว่าที่คุณคิด!

3. If you stand for nothing, you fall for anything - ถ้าคุณไม่มีจุดยืน คุณจะล้มเหลว
   ที่ทางเข้า Bitcoin House ของเรา มีป้ายไม้ขนาดใหญ่ที่เขียนว่า "No Shoes, No Shitcoins” ผู้คนชื่นชมในคุณค่าและจุดยืนที่ชัดเจนของเรา ซึ่งทำให้พวกเขากลับมาอีก และยังพาเพื่อนและครอบครัวมาด้วย สื่อสารคุณค่าของคุณอย่างชัดเจนเสมอ อย่าประนีประนอมและอย่าขายตัวเอง อย่าส่งเสริมสิ่งที่ไม่สอดคล้องกับหลักการของคุณ แม้ยามที่ขัดสน

เราเป็นครอบครัวเดียวกัน 20. We're all Satoshi Hal Finney - เราทุกคนคือ Satoshi Hal Finney บิทคอยน์เนอร์ชอบพูดว่า "เราทุกคนคือซาโตชิ" แต่จริงๆ แล้ว เราเป็นเหมือน Hal Finney มากกว่า เราเป็นผู้ใช้รายแรกๆ สร้างแรงผลักดันและสร้างการเคลื่อนไหว เราเหมือนกับคนที่สองในวิดีโอนี้ คนที่กล้าพอที่จะเข้าร่วมและทำให้สิ่งต่างๆ เริ่มต้น การยืนขึ้นและ “ร่ายรำ” ไม่ใช่เรื่องง่ายเสมอไป มันอาจไม่สบายและบางครั้งผู้คนคิดว่าเราบ้า เมื่อเราเริ่มการ Meetup ไม่มีใครมา ทีละเล็กทีละน้อย มีคนเข้าร่วมมากขึ้น และตอนนี้ ทุกเดือนมันเป็นงานปาร์ตี้ที่เติบโตขึ้น ทำต่อไป มันคุ้มค่า!

1. Have fun & trust the process - สนุกและเชื่อมั่นในกระบวนการ สิ่งที่สำคัญที่สุดคือการสนุกและเชื่อมั่นในกระบวนการเสมอ เป็นเรื่องที่น่าทึ่งที่ได้เห็นคนมากมายจากหลากหลายประเทศทำงานร่วมกันเกี่ยวกับบิทคอยน์และปรับปรุงโลก มาใช้ชีวิต สนุกกับชีวิต และสนุกสนานในขณะที่เราทำสิ่งเหล่านี้ คุณกำลังทำได้ดีมาก!

โบนัส: Plebs together strong - สามัคคีคือพลัง
เข้าร่วมชุมชน เครือข่าย และโปรแกรมเช่น My First Bitcoin, Plan B Network, Federation of Circular Economies, Fedi, Bitcoin Beach, Bitcoin For Fairness และอื่นๆ อีกมากมาย เราแข็งแกร่งขึ้นเมื่ออยู่ด้วยกัน และมีสิ่งมากมายที่เราสามารถเรียนรู้จากกันและกัน

Thank you :

@ 8da249fe:ecc00e09

Existem diversas corretoras onde você pode comprar e vender bitcoins e outras moedas. O ideal é sempre escolher empresas idoneas e com boa fama, para isso, antes de ir comprando bitcoin conheça pessoas que usam estas corretoras, veja os depoimentos destas pessoas sobre esta plataforma, isso é bem básico e serve para qualquer coisa.

Geralmente estas exchanges (corretoras) exigem alguns dados pessoais, ou seja, são fontes de bitcoin por KYC. Para pessoas que querem ter bitcoin sem seus dados registrados é necessário a compra peer-to-peer, que é a compra direta por pessoas sem a uma "instituição financeira" mediando a transação.

Dica número 1 : Nunca deixe seus bitcoins armazenados em corretoras.

Apesar do bitcoin ainda não ter nenhum tipo de regulamentação, as corretoras por serem consideradas "instituições financeiras" são reguladas pelo Sistema Financeiro Nacional, sendo vulneráveis as decisões governamentais.

Além disso, as corretoras por movimentarem grandes quantidades de dinheiro, estão vulneráveis ataques hackears que são frequentementes.

Dica número 2: Sempre deposite seus bitcoins em carteiras

As carteiras são locais de armazenamento seguros e alguns tipos com as cold Wallet não há gestão dos seus fundos por intermediários, logo a responsabilidade pelo seu dinheiro é totalmente sua.

Sempre importante guardar e ter uma boa organização quanto as senhas de acesso, pois uma vez que perde não há nenhuma forma de recuperá-la.

Algo que o economista Fernando Roxo fala no YT que concordo plenamente ,é , que não se deve deixar todos os ovos numa cesta só. O que aplico no universo bitcoin que não se deve colocar todos os seus bitcoin em apenas uma carteira. É muito importante dificultar o máximo para os criminosos roubarem, por isso devem ter várias carteiras.

Dica número 3: Entenda que Bitcoin não é investimento, e sim uma solução econômica.

Não desista do bitcoin , só porque ele ocila de valor. O bitcoin não é um investimento a onde se aplica e você tem um lucro. O bitcoin é uma solução em decorrência da desonestidade dos governos que imprimem moedas sem valor agregado.

Este conhecimento é extremamente importante para que não se iluda com promessa de ficar milionário ou algo do tipo. O bitcoin é uma moeda segura que tem o intuito de proteger o mercado financeiro em decorrência da má fé de estados, e também uma arma contra governos.

Dica número 4 : Ajude a comunidade, comercialize em bitcoin.

Quer você seja consumidor ou produtor, faça com que seus fundos estejam em bitcoin. Apesar de estamos engatinhando no mercado há muitas iniciativas como o Bitrefill, maquininhas e software para movimentações em bitcoin que tem facilitado as transações.

Dica número 5: Conheça os termos técnico sobre este universo.

Fique sempre atualizados com os termos da comunidade com KYC, cold wallet, hot wallet, fiat ... Assim você poderá seu um "agente" pró bitcoin e ajudar pessoas simples a entrarem neste universo e ter sua auto custódia e estarem imunes aos desgovernos.

@ 5579d5c0:db104ded

Like fats, carbohydrates and have been unfairly demonised.

Carbs aren’t inherently bad.

Their impact depends on seasonality, local availability, sunlight exposure, and movement.

Traditional cultures ate carbs, in alignment with their environment, and thrived.

Today, we eat them indiscriminately, and it’s wrecking metabolic health.

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Carbs in traditional diet: Context matters

Different cultures have consumed varying amounts of carbohydrates for centuries, but what mattered wasn’t just how much they ate, it was when and how.

→ Pacific Islanders consumed fruit and tubers year round, but they lived in high UV environments, stayed highly active, and had robust metabolic flexibility.

→ Northern Europeans consumed grains and dairy, but only seasonally and locally,** adapting to long winters with lower carbohydrate intake.

→ Inuit tribes had little to no carbs. Their environment, long, dark winters with minimal plant foods, dictated a high-fat, animal-based diet for survival.

Regardless of macronutrient ratios, these cultures remained free from metabolic disease.

Why?

→ They ate whole, unprocessed food: Nothing refined, industrialised, or out of sync with their seasons.

→ Their lifestyle supported their diet: They moved constantly and had high sun exposure.

→ There was no year-round abundance: Food availability changed with the seasons, and so did their metabolism.

Traditional Pacific Islander diet full of fruit and tubers.

---

The problem? We’re eating for winter year round

Fast forward to the modern world.

In his book, 'Don’t Eat for Winter', Cian Foley tells us "We eat like it’s winter all year long, high-carb, high-fat, ultra-processed, and completely disconnected from nature’s cues."

This has lead us to a metabolic mismatch:

→ We eat high-carb diets but stay indoors under artificial light, disrupting our ability to process them efficiently.

→ We consume food that isn’t seasonal or local, removing natural metabolic cycles.

→ We pair carbs with inactivity, leading to insulin resistance, fat gain, and metabolic dysfunction.

Carbs aren’t the problem.

Eating them disconnected from seasonality, local availability, sunlight exposure, and movement is.

Homer Simpson eating highly processed carbs sitting under artificial light

---

Why does sunlight increases carbohydrate tolerance?

Sunlight improves insulin sensitivity, glucose metabolism, and mitochondrial efficiency, helping your body process carbs more effectively.

→ Activates the POMC-leptin-melanocortin pathway, that flip the switch in your body to burn fat more efficiently and respond better to insulin.

→ Releases Nitric oxide, which increases glucose uptake in muscles & reduces fat storage.

→ High UV exposure upregulates genes for glucose metabolism, making carbs easier to process in summer.

→ Mitochondrial efficiency improves with sunlight, allowing for better glucose usage and lower oxidative stress.

In short, if you get plenty of sunlight, your body can tolerate more carbohydrates (whole).

If you’re in a low-light environment e.g., winter, northern latitudes, or indoors all day, your tolerance decreases, and a lower-carb, higher-fat diet may be more suitable.

---

How to eat carbs in sync with your environment

→ Align carb intake with your sunlight exposure: If you’re in a high-UV environment, your body is primed to handle more carbohydrates. In darker seasons, focus more on protein and fat.

→ Eat seasonally and locally: Summer fruits in the summer, root vegetables in colder months. Let nature dictate your intake.

→ Pair carbs with movement: Don’t consume high-carb meals if you’re sedentary. Use movement to enhance glucose uptake and metabolic flexibility but not as a punishment.

It should be said, if you have metabolic syndrome issues cutting carbs can be useful tool until it has been fixed.

You will thrive when you're connected to nature, not fighting against it.

Carbs are not the enemy, modern environments are.

It’s not about eliminating carbs but eating them correctly, in sync with light, seasonality, and movement.

-Chris

---

DMs → always open for those who need help.

If you want to regain metabolic flexibility and stop storing excessive fat, I have a 10 week programme just for you. Let’s talk.

Book a free call here → https://calendly.com/hello-chrispatrick

Grab Cian Foleys book 'Don't Eat For Winter' → https://www.donteatforwinter.com/

@ 6e0ea5d6:0327f353

Of all the people you should fear, fear most the peaceful man in situations where anyone else would be aggressive. The strongest man is the one who masters his emotions in moments of rage and fury—who, even in anger, does not destroy everything around him, including himself.

Remember: no man truly knows how evil he can be until he strives to be good in a corrupt world and, for that, is crushed by it.

Anxiety makes a man suffer even before there is a concrete reason. The mere act of anticipating pain makes him feel it in its full intensity, even if it never materializes. On the other hand, anxiety leads to rash actions, driven by impulse or anger. And these decisions, in the end, can destroy him.

The most harmful choices are usually made under stress, rage, or passion. Anxiety, in turn, is a formidable adversary, difficult to tame. Controlling it requires constant and gradual training. The key is to balance expectations—facing the future with serenity rather than allowing worries to corrode the present. Sometimes, it is necessary to abandon the life we planned to face the life that awaits us. Instead of acting impulsively in moments of deep stress, learn to reflect rationally on all possibilities before taking action.

I recognize that, in theory, this advice is easy to give. Sono d’accordo, I know how difficult it is in daily life. But listen well: do not let your actions be driven by impulsiveness. Remember, stubbornness combined with anxiety is a direct path to a pit of regrets.

Stubbornness, unlike persistence, makes a man insist on mistakes or ignore wise counsel. It forces him to act against logic, preventing him from learning from failures and reevaluating decisions. It is a silent source of suffering, robbing him of opportunities for change and growth.

Just as a river reaches its destination by adapting to the course it encounters, a wise man must seek new approaches rather than persist in the same mistakes. Adapting, learning, and changing course are the keys to reaching one’s true destiny.

Thank you for reading, my friend!

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

A toast to our family!

@ b8af284d:f82c91dd

Liebe Abonnenten,

„The Fourth Turning“ ist ein epochemachendes wie hellseherisches Buch von William Strauss und Neil Howe. Es erschien 1997 mit der These, wonach Geschichte in Zyklen von 80 bis 100 Jahren verlaufe. Jede Gesellschaft durchlaufe vier Phasen („Turnings“): High, Awakening, Unraveling und Crisis. Nach der Crisis kommt es zum „Fourth Turning“ - welches die Autoren in den Jahren 2020 bis 2030 prophezeiten. Das klingt nach esoterischer Science-Fiction-Literatur, ist es aber nicht: Der mittlerweile verstorbene Strauss war Historiker, Howl ist Ökonom. In „The Fourth Turning“ argumentieren sie demnach weitgehend wissenschaftlich. Die Argumentation hier wiederzugeben, würden den Rahmen sprengen. Aber nur soviel: Wir sind mittendrin. Abseits des turbulenten Tagesgeschehens beginnt sich, eine neue Finanzordnung abzuzeichnen.

Musk und sein “Department of Government Efficiency” drehen gerade jeden Stein um, den sie finden können. Alle Ausgaben der Regierung kommen auf den Prüfstand.

Deswegen wurden sämtliche Zahlungen an die vermeintliche Entwicklungshilfe-Organisation USAID gestrichen. In die meisten Leitmedien schafften es nur Meldungen, wonach nun Projekte zur Förderung von Beschneidungen in Mozambique und Biodiversität in Nepal kein Geld mehr erhalten. Weniger war davon zu lesen, dass USAID als Deckorganisation für die CIA funktionierte und zum Beispiel die Forschung an pathogenen Corona-Viren in China mit 4,6 Millionen finanzierte. Auch mit dabei: 2,6 Millionen Dollar an ein Zensur-Programm namens “Center for Countering Digital Hate (CCDH)” und vieles mehr: eine gute Übersicht findet man hier auf der Website des Weißen Haus’. Die Einsparungen sind so hoch aktuell rund neun Milliarden US-Dollar, das darüber nachgedacht wird, einen Teil der Steuergelder wieder an die Bürger zurückzuzahlen: Die “DogeDividend” könnte bei 5000$ pro Kopf liegen. (Wer sich noch an den Covid-Stimulus in Höhe von 1200$ erinnert, weiß, welche Rally die Zahlungen 2020 auslösten).

Der Kassensturz umfasst aber längst nicht nur USAID, sondern betrifft sämtliche Staatsausgaben. Sämtliche Ausgaben und Vermögenswerte der USA werden erfasst und hinsichtlich ihrer Nützlichkeit überprüft.

Im Rahmen von DOGE ließ Elon Musk kürzlich fragen, ob es nicht mal Zeit für eine Zählung der Gold-Reserven wäre. In Fort Knox, das die meisten wahrscheinlich aus James-Bond-Filmen oder Donald-Duck-Comics kennen, lagern mindestens 4800 Tonnen Gold - über die Hälfte der amerikanischen Reserven. Das heißt: Niemand weiß genau, wie viel es eigentlich sind. Die letzte Inventur fand 1953 statt.

Dasselbe gilt für die Zahlungen in die Ukraine. Mindestens 270 Milliarden US-Dollar haben die USA an Kiew gezahlt. Das Resultat: vermutlich über eine halbe Million Tote, ein völlig zerstörtes Land und ein korruptes System.

Nach der Rede von JD Vance bei der Münchener Sicherheitskonferenz ist Europa erst einmal in Schnappatmung gefallen. Am Dienstag darauf folgten zum ersten Mal seit Jahren direkte Gespräche zwischen Moskau und Washington in Saudi-Arabien. Europäer waren nicht eingeladen, die hielten stattdessen ein Krisentreffen in Paris ab.

Innerhalb der EU wird jetzt von einem neuen Militärfonds gefaselt, um die größte Aufrüstung des Kontinents seit 1933 zu finanzieren. 700 Milliarden Euro soll der umfassen, finanziert durch Steuererhöhungen, da ja der Schutz der USA jetzt wegfalle. Man kann nur hoffen, dass die EU-Bürokratie zusammen mit Selenski nicht auf die Idee kommt, den Krieg allein weiterzuführen oder den Friedensprozess zu sabotieren.

Vielen dürfte allerdings klar sein, dass sich demnächst etwas grundsätzlich ändern wird. Die Trump-Administration ordnet die Welt neu, und damit auch die globale Finanzarchitektur. Was hat es damit auf sich? Und worum geht es eigentlich?

Zur Erinnerung: Mit dem Beitritt Chinas zur Welthandelsorganisation 2001 wurde die industrielle Basis der USA nach und nach ausgehöhlt. Chinesische Waren waren billiger - und so verlagerten sich immer mehr Industrien nach China. Deutschland profitierte relativ länger von dieser Entwicklung, da die Automobilindustrie wettbewerbsfähiger war und deutsche Maschinenbauer chinesische Fabriken ausstatteten.

\ Trump 1 versuchte diese Entwicklung mit Zöllen zu unterbinden. Bei Trump 2 geht es um mehr. Zölle sind nur noch die vorübergehende Waffe, die Ziele durchzusetzen. Ziel ist ein schwächerer Dollar.

Eine starke Währung klingt nett, bedeutet aber nichts anderes, als dass Importe aus anderen Ländern günstiger sind und Exporte in andere Länder vergleichsweise teurer sind. Eine schwächere Währung heißt dagegen, dass Exporte günstiger und damit wettbewerbsfähiger sind. Ein starker Dollar behindert deswegen den (Rück-)Aufbau der amerikanischen Industrie. Allerdings ist das eben auch genau der Preis, den ein Land für eine Leit- oder Reserve-Währung zahlen muss. Weil die Welt mit US-Dollar bezahlt - auch ein mexikanisches Unternehmen, das mit einem chinesischen handelt, wickelt das mit Dollar ab - ist die Nachfrage nach US-Dollar hoch, und die Währung damit stark:

From a trade perspective, the dollar is persistently overvalued, in large part because dollar assets function as the world’s reserve currency. This overvaluation has weighed heavily on the American manufacturing sector while benefiting financialized sectors of the economy in manners that benefit wealthy Americans.

Die USA zahlten indirekt für dieses Privileg, indem sie es sich zur Aufgabe machten, internationale Handelswege zu schützen. Die US-Marine übernahm nach 1945 und besonders nach 1989 den Job der British Royal Navy, und bewacht seitdem alle wichtigen Schifffahrtswege weltweit, um freien Handel zu ermöglichen.

\ The U.S. dollar is the reserve asset in large part because America provides stability, liquidity, market depth and the rule of law. Those are related to the characteristics that make America powerful enough to project physical force worldwide and allow it to shape and defend the global international order. The history of intertwinement between reserve currency status and national security is long.

Das System funktionierte auch deswegen, weil die allermeisten, befreundeten Staaten, ihr Überschüsse wieder in US-Dollar-Anleihen anlegten (US-Treasuries). Dieses Recycling aus “Amerikaner konsumieren und zahlen mit US-Dollar, die China, Japan und die EU wiederum in US-Anleihen anlegen” funktionierte lange gut.

Das Problem ist seit einigen Jahren: Die Situation hat sich zuungunsten der USA verschoben. Man zahlt viel für das Militär, aber die Gewinne, die sich aus einer Leitwährung ergeben, sind gefallen. Kurz gesagt: Das Verteidigungsbudget wächst, während Arbeitsplätze verloren gegangen sind. Zwar konnten sich die USA in den vergangenen Jahren günstiger als andere verschulden. Trotzdem erdrückt die Schuldenlast mittlerweile den Etat, und immer weniger Staaten haben Lust, ihre Reserven in US-Treasuries anzulegen. Sie kaufen lieber Gold (und vielleicht auch bald Bitcoin).

Eine Neugewichtung des Deals ist notwendig. Daher der Kassensturz. Daher die ständigen Aufforderungen Trumps an Verbündete, künftig mehr zu zahlen.

Die Lösung könnte ein „Mar-a-Lago“-Accord sein. Die USA befanden sich in den 1980er Jahren schon einmal in einer ähnlichen Situation: Japanische und deutsche Waren überschwemmten die amerikanischen Märkte. Nach einem verlorenen Krieg in Vietnam und hoher Inflation hatten sich innerhalb Gesellschaft große Spannungen aufgebaut. Ronald Reagan, übrigens ein Präsident, der ähnlich polarisierte wie Trump heute, sprach 1985 Klartext: Japan und in geringerem Maße die BRD, Frankreich und Großbritannien hatten ihre Währungen aufzuwerten. Damit wurde die Flut der Exporte in die USA gestemmt und die Finanzflüsse stabilisiert.

Seit einigen Wochen gibt es relativ klare Pläne, wie diese neue Ordnung aussehen soll. Sie gehen zurück auf den Ökonomen Steve Miran, der bereits unter der ersten Trump-Administration eine Berater-Rolle hatte. Seit Dezember 2024 ist der Vorsitzender des Council of Economic Advisers. Miran wiederum steht Zoltan Pozsar nahe, der 2022/23 zum Shooting Star der Macro-Economy-Nerds wurde. Worum geht es?

Weiter geht es auf https://blingbling.substack.com/p/der-mar-a-lago-accord

@ d5c3d063:4d1159b3

"คู่มือเข้าใจทุนนิยม จะได้เลิกจนและขยับชนชั้นได้"

หลายคนอาจเคยสงสัยว่าทำไมบางคนถึงสามารถเปลี่ยนแปลงชีวิตตัวเองจากศูนย์ไปสู่ความสำเร็จได้ ในขณะที่บางคนต้องติดอยู่ในวังวนเดิม หนังสือ "เงินเฟ้อคือคดีอาญา" ของพี่ชิตให้คำตอบที่ลึกซึ้งเกี่ยวกับเรื่องนี้ โดยชี้ให้เห็นว่าความเข้าใจผิดเกี่ยวกับเงินและเศรษฐกิจเป็นอุปสรรคสำคัญที่ขวางกั้นคนจำนวนมากไม่ให้ก้าวข้ามชนชั้น !(image)[https://image.nostr.build/aa147706f2c936bad8da6367323f9f0a27721309db60f4fedad723af5a978b1b.png] พี่ชิตอธิบายว่า เงินเฟ้อไม่ใช่แค่ปรากฏการณ์ทางเศรษฐกิจทั่วไป แต่มันเป็นกลไกที่ค่อย ๆ ลดค่าความมั่งคั่งของประชาชนโดยที่พวกเขาไม่รู้ตัว คนทำงานหนักขึ้น แต่ค่าของเงินที่หามาได้กลับลดลง นี่ไม่ใช่เรื่องของโชคชะตา แต่เป็นผลลัพธ์จากระบบที่ออกแบบมาให้เงินเฟ้อกลายเป็นภาษีที่มองไม่เห็น หากไม่เข้าใจสิ่งนี้ การพยายามออมเงินด้วยวิธีเดิม ๆ อาจไม่ได้ช่วยให้เราก้าวหน้า แต่กลับทำให้เราติดอยู่ในกับดักทางเศรษฐกิจ

พอพูดถึงเรื่องชนชั้น หลายคนคงนึกถึง Karl Marx ซึ่งมองว่าทุนนิยมทำให้ชนชั้นถูกตรึงไว้ คนที่รวยจะรวยขึ้น ส่วนคนที่จนก็มีโอกาสน้อยที่จะก้าวข้ามสถานะของตัวเอง เนื่องจากโครงสร้างของระบบที่เอื้อให้นายทุนได้เปรียบ แนวคิดนี้ทำให้หลายคนตั้งคำถามว่าทุนนิยมช่วยให้คนมีโอกาสจริงหรือไม่ และความเหลื่อมล้ำทางเศรษฐกิจสามารถลดลงได้หรือเปล่า

อย่างไรก็ตาม Ludwig von Mises ได้อธิบายในหนังสือ Economic Policy: Thoughts for Today and Tomorrow ว่า ทุนนิยมไม่ได้ล็อกชนชั้น แต่เป็นระบบที่เปิดโอกาสให้ทุกคน หากพวกเขาสามารถสร้างคุณค่าให้กับตลาดได้

"ในระบบศักดินาก่อนยุคทุนนิยม สถานะของคนถูกกำหนดตั้งแต่เกิด หากคุณเกิดมาเป็นชาวนา คุณต้องเป็นชาวนาไปตลอดชีวิต ทุนนิยมเปลี่ยนสิ่งนี้โดยให้รางวัลกับคนที่สามารถสร้างมูลค่า ไม่ใช่สถานะที่ได้รับมาตั้งแต่เกิด" – Ludwig von Mises

Mises อธิบายว่าทุนนิยมให้รางวัลกับความสามารถ ไม่ใช่ชนชั้นที่ถูกกำหนดมาแต่กำเนิด หากคุณสามารถตอบสนองความต้องการของตลาดได้ คุณสามารถสร้างธุรกิจและยกระดับชีวิตตัวเองขึ้นมาได้ ต่างจากระบบศักดินาที่การเกิดในครอบครัวใดครอบครัวหนึ่งหมายถึงชะตากรรมที่เปลี่ยนแปลงไม่ได้

หากทุนนิยมเป็นระบบที่ปิดกั้นโอกาสจริง คนที่สร้างธุรกิจจากแนวคิดและความสามารถของตัวเองอย่าง Henry Ford หรือ Sam Walton คงไม่มีทางสร้างอาณาจักรของตัวเองขึ้นมาได้ แต่พวกเขาใช้ความเข้าใจในกลไกตลาด ใช้ไอเดียและความสามารถของตัวเองในการสร้างธุรกิจที่ตอบโจทย์ผู้บริโภค นี่เป็นหลักฐานว่าทุนนิยมคือระบบที่เปิดโอกาสให้คนสามารถเปลี่ยนแปลงชีวิตตัวเองได้

พี่ชิตจึงเน้นย้ำว่า หากเราเข้าใจระบบเศรษฐกิจอย่างแท้จริง เราสามารถเลือกเส้นทางที่ช่วยให้เราก้าวข้ามขีดจำกัดทางการเงินของตัวเองได้ ทุนนิยมไม่ได้ล็อกชนชั้นเหมือนที่ Marx กล่าวไว้ แต่มันเป็นระบบที่ให้โอกาสกับทุกคนที่สามารถปรับตัวและเรียนรู้การสร้างมูลค่าในตลาด

หนังสือของพี่ชิตไม่ได้เป็นเพียงแค่คำเตือนเกี่ยวกับเงินเฟ้อ แต่มันคือ คู่มือที่ช่วยให้เราเข้าใจว่าระบบเศรษฐกิจทำงานอย่างไร และเราจะใช้มันให้เป็นประโยชน์อย่างไร ไม่ใช่ด้วยการพึ่งพาภาครัฐ หรือหวังให้ระบบเปลี่ยนแปลงไปเอง แต่ด้วยการศึกษาและใช้ประโยชน์จากกลไกของตลาดให้เกิดประโยชน์สูงสุด เพราะสุดท้ายแล้ว ทุนนิยมไม่ได้ปิดกั้นเรา มันรอให้เราเรียนรู้และใช้มันอย่างถูกต้อง

เงินเฟ้อคือคดีอาญา #พี่ชิต #Satochit #Siamstr

@ f1989a96:bcaaf2c1

Good morning, readers!

This week, we honor the loss of the late Alexei Navalny, whose bravery inspired millions of Russians to stand up against Vladimir Putin’s financial, political, and social repression. Since his murder, the Kremlin has only tightened its grip — imprisoning citizens for political donations, blocking NGOs from funding, advancing its central bank digital currency, and limiting access to open alternatives like Bitcoin.

In global news, a new survey of 34 central banks by the Official Monetary and Financial Institutions Forum (OMFIF) revealed that 31% have delayed plans to issue a retail central bank digital currency (CBDC). While this is a welcome shift, given that CBDCs threaten to give authoritarian regimes unprecedented tools to micro-control society, efforts to oppose and expose CBDCs must continue. The Human Rights Foundation (HRF) is proud that its CBDC Tracker (you can explore it here) continues to reveal these threats.

In privacy news, Bitcoin Core developer Carl Dong unveiled a new VPN called Obscura, the first open-source VPN that can’t log your network activity by design and outsmarts network filters for enhanced censorship resistance. Tools like this make the work of activists harder to surveil and censor under authoritarian regimes. Additionally, Zeus Wallet and Primal introduced support for Nostr Wallet Connect (NWC), further expanding interoperability between Nostr clients and Lightning wallets and giving more power back to the people.

Finally, we feature a Bitcoin node tutorial from Bitcoin educator Ben Perrin, “BTC Sessions,” walking viewers through setting up a node on a computer and connecting it to Sparrow Wallet. This tutorial is especially suited for dissidents and can empower curious individuals with the ability to verify the Bitcoin network independently, enhance privacy, and eliminate reliance on third parties. There is no need to be technically inclined to follow along with this tutorial.

Now, let’s dive right in!

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GLOBAL NEWS

Russia | One Year Since Navalny Murdered by Regime

One year ago, Alexei Navalny was murdered in a remote Arctic prison, where he was sent to die for daring to stand against dictator Vladimir Putin. Navalny was Russia’s leading opposition figure, a relentless leader who exposed regime corruption at the highest level and inspired millions to believe in a brighter future. His murder confirmed a grim reality: the Kremlin will stop at nothing to silence those who oppose it. Since Navalny’s passing, Putin has only tightened his grip — charging innocent citizens for financially supporting dissent, blocking NGOs from funding (and access to their own money), accelerating the roll-out of a CBDC to tighten financial control, and restricting access to open alternatives like Bitcoin.

Argentina | Milei Facing Fraud Charges and Impeachment for Promoting Memecoin

Argentinian President Javier Milei is facing impeachment calls and fraud charges after promoting a cryptocurrency called $LIBRA, which has since crashed in value. He initially claimed $LIBRA would “encourage economic growth by funding small businesses and startups.” Instead, the token briefly soared above $5 before plummeting. Critics argue the $LIBRA launch resembles a “rug pull,” where paid promoters inflate a token’s value, then cash out, leaving investors with worthless holdings. As the backlash grew, Milei deleted his posts promoting $LIBRA and defended himself, insisting he didn't “promote it” — he simply “shared it.” Regardless, the damage is done. $LIBRA is now trading below $1, losing tens of thousands of global citizens most of their money. Behind $LIBRA is Kelsier Ventures, a group allegedly courting Nigeria and other governments with similar schemes. The saga continues to unfold, but the lessons are clear: political memecoins present major risks, and governments are not above rugging their own citizens.

Zimbabwe | Ordinary Citizens Pay Price of Deeply Indebted Regime

Zimbabwe’s debt crisis has pushed 7.6 million people into food insecurity as an El niño-driven drought worsens an economy already horribly mismanaged and exploited by a military dictatorship. The roots of this crisis run deep. Former tyrant Robert Mugabe’s land seizures in the early 2000s shattered agricultural output, wiped out foreign investment, and unleashed hyperinflation that erased Zimbabweans’ savings and wages. Decades of economic mismanagement drained the national resources and exacerbated food insecurity. Now, ordinary citizens shoulder the cost of regime failures. Families who once farmed their own land depend on expensive food imports they can’t afford, while the bankrupt regime pleads for more dollar-based loans — only to weaken the local currency and sink the country further into debt.

Singapore | Rising Costs Contradict Government’s Inflation Claims

Singaporean citizens are refuting government claims that inflation is easing, pointing to the rising costs of essential goods and services. While official data reports a 2.4% annual inflation rate, everyday expenses tell a different story. The government highlights falling car prices — a benefit for the wealthy — while downplaying state-imposed fare hikes that disproportionately impact those who rely on public transport (lower-income individuals). With elections looming, many accuse the government of manipulating narratives to downplay these economic struggles. The persistent rise in everyday costs reveals a common disconnect between opaque government statistics issued by autocrats and the financial realities lived by ordinary citizens.

World | Central Banks Delaying CBDC Plans

A new survey of 34 central banks by the Official Monetary and Financial Institutions Forum (OMFIF) revealed that 31% have delayed plans to issue a retail central bank digital currency (CBDC). It also found that the share of central banks inclined to issue a CBDC fell from 38% in 2022 to just 18% today. While this slowdown is a welcomed shift, the survey concludes that most central banks still expect to issue a CBDC in the future. In any jurisdiction, CBDCs mean more financial control in the hands of the government, which opens the door to surveillance, censorship, and control over financial activity. This concentrated power undermines civil liberties, especially in authoritarian regimes, putting dissidents and individuals at greater risk. Learn more about the dangers CBDCs pose to human rights and financial freedom here.

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Webinar Series for Nonprofits: Become Unstoppable

HRF will host a free, three-day webinar from March 17-19, teaching human rights defenders and nonprofits how to use Bitcoin to counter state censorship and confiscation. Sessions run daily from 10:30 a.m. to 12:00 p.m. EDT and are beginner-friendly. The webinar will be led by Anna Chekhovich, HRF’s Bitcoin nonprofit adoption lead and financial manager at Alexei Navalny’s Anti-Corruption Foundation, and will be co-hosted by Ben Perrin “BTC Sessions,” one of the world’s top technical Bitcoin educators.

Register for webinar

SXSW | The Human Rights Risks of Central Bank Digital Currencies (CBDCs)

Join HRF at SXSW 2025 in Austin from March 7-13 to explore how CBDCs threaten financial freedom. Experts Roger Huang, Charlene Fadirepo, and Nick Anthony will discuss how authoritarian regimes use CBDCs for surveillance and control. Attendees can also visit HRF’s  CBDC Tracker booth to explore an interactive map of CBDC developments worldwide. 

Get your tickets

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BITCOIN AND FREEDOM TECH NEWS

Obscura | New Virtual Private Network

Bitcoin Core developer Carl Dong launched Obscura VPN, the first private and open-source VPN designed for maximum censorship resistance. Unlike traditional VPNs, it cannot log your network activity by design. Obscura achieves this by never seeing users’ encrypted Internet traffic. Because of this, it is impossible to log activity — even if compelled or compromised. Additionally, Obscura uses a custom stealth protocol that blends in with regular Internet traffic, making the VPN harder to detect or block. Tools like this make the work of activists under authoritarian regimes harder to surveil and censor.

Zeus Wallet and Primal | Integrate Nostr Wallet Connect

Zeus, a Bitcoin Lightning wallet, and Primal, a Nostr client, have integrated the Nostr Wallet Connect (NWC) protocol. This protocol allows apps to interact with Bitcoin Lightning wallets, boosting interoperability between Bitcoin (decentralized money) and Nostr (decentralized communications). Zeus’s NWC integration expands wallet connectivity by allowing users to link external wallets like Alby Hub or Cashu.me, improving transaction flexibility. Primal’s NWC integration brings even more functionality. Users can connect Primal wallet to any Nostr app, send zaps (bitcoin micropayments) from the web app, and link any self-custodial wallet that supports NWC. These updates strengthen Bitcoin and Nostr interoperability, allowing instant, censorship-resistant payments and communications without relying on traditional banking infrastructure.

Proton | Officially Launches Proton Wallet

Proton Wallet, an open-source Bitcoin wallet from privacy services company Proton (creators of ProtonMail), is now available on Android, iOS, and the web. It features end-to-end encryption, address rotation for greater privacy (the same Bitcoin address is never used twice), and Replace-by-Fee (RBF) to speed up stuck transactions. It is also fully self-custodial, meaning users retain complete control over their funds. With Proton now offering both secure email and Bitcoin transactions, users have a stronger, more resilient digital toolkit to protect their communications and money. This is of particular interest to human rights activists operating in difficult environments.

Bitcoin Keeper | Releases Support for Miniscript and More Signing Devices

Bitcoin Keeper, an open-source mobile multisignature (multisig) wallet and winner of HRF’s “Easy Mobile Multisig” bounty, released v2.0 with new security features. The update brings Miniscript, a structured way to write Bitcoin scripts that enable users to create customized multisig vaults. This unlocks advanced setups for inheritance planning, time-locked savings, and more flexible security models. Support for Miniscript also expanded to more signing devices, including BitBox02, COLDCARD, Tapsigner, Blockstream Jade, and Ledger. Keeper is created and run by Indian developers, reminding us that some of the world’s best freedom tools are made by people living in difficult political environments.

Coracle | Implements Nstart for Easy Onboarding

Coracle, a Nostr client and HRF grantee, implemented Nstart, a tool that streamlines onboarding to the Nostr protocol. This makes it easier for first-time users to set up an account, securely back up their private keys, and get started. By lowering entry barriers, Coracle’s Nstart improves access to Nostr’s decentralized, censorship-resistant network. For activists curious about Nostr but unsure of how to start, this may be a tool worth exploring. For a quick-start Nostr guide, click here.

Bitwise | Donates $150,000 to Bitcoin Open Source Development

Bitwise, a Bitcoin ETF provider, donated $150,000 to support open-source Bitcoin developers, fulfilling its pledge to allocate 10% of its Bitcoin ETF ($BITB) gross profits annually. Brink, OpenSats, and HRF will be responsible for allocating the funds to developers working to secure and improve the network and advancing it as a tool for financial freedom and human rights. Bitwise also promised increased contributions in the future as $BITB grows. By reinvesting in Bitcoin’s open-source ecosystem, Bitwise sets a strong example of industry stewardship.

RECOMMENDED CONTENT

Bitcoin Node Tutorial by BTC Sessions

In this tutorial, renowned Bitcoin educator Ben Perrin “BTC Sessions” guides viewers through setting up their own Bitcoin node, a device that runs the Bitcoin software. This enables them to audit Bitcoin’s supply independently and achieve greater financial sovereignty. By running a personal node, users also eliminate the need to trust third parties, enhance their privacy, and strengthen Bitcoin’s decentralization. The tutorial covers installing a free node on a computer and connecting it to Sparrow Wallet. If you are not technically inclined, not to worry. Perrin explains everything in a clear, beginner-friendly way, making it easy to follow along. You can watch the full walkthrough here.

Bitcoin Payments: From Digital Gold to Everyday Currency by Breez and 1A1z

In this new report from Bitcoin Lightning company Breez and freedom tech researcher 1A1z, the authors explore how Bitcoin is evolving beyond a store of value into a functional everyday currency. It highlights the rapid adoption of the Lightning network, the global rise of internet-native payments, and real-world use cases from businesses like Pick n Pay, Namecheap, and Mercari as examples of this. Bitcoin payments are proving their capabilities on a global scale, and this report does a commendable job of proving it.

If this article was forwarded to you and you enjoyed reading it, please consider subscribing to the Financial Freedom Report here.

Support the newsletter by donating bitcoin to HRF’s Financial Freedom program via BTCPay.\ Want to contribute to the newsletter? Submit tips, stories, news, and ideas by emailing us at ffreport @ hrf.org

The Bitcoin Development Fund (BDF) is accepting grant proposals on an ongoing basis. The Bitcoin Development Fund is looking to support Bitcoin developers, community builders, and educators. Submit proposals here.

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Introduction: Welcome to the second newsletter produced by The 256 Foundation! January was a wild month for free and open Bitcoin mining development and there is a lot to talk about. This month’s newsletter covers the latest news, mining industry developments, progress updates on grant projects, actionable advice for choosing a Bitcoin mining pool that’s right for you, and the current state of the Bitcoin network.

On January 29th, 2025 The 256 Foundation held the first annual fundraiser, called the “Telehash”. If you are one of the 2 to 10-million weekly subscribers to POD256 then you know that Rod & econoalchemist have been memeing the Telehash into existence for almost two years. The basic idea was to raise money to fund The 256 Foundation’s grant projects.

Since POD256 is a Bitcoin mining focused show, it seemed only appropriate that money be raised from miners using their hashrate to direct mining rewards towards The 256 Foundation. With this unconventional fundraising idea in mind, Rod & econoalchemist pitched it to long-time listener, Marshall Long, while on safari in Kenya during the week leading up to the Africa Bitcoin Conference, about 8-weeks before the scheduled Telehash. The idea stuck and there was a soft commitment to point 1Eh/s for 2-hours during the Telehash. In an “all gas, no brakes” fashion, the decision was made that pointing so much hashrate to a FPPS pool, while obviously the fiscally responsible choice, was just too boring to tolerate and instead The 256 Foundation would risk it all by having supporters point their hashrate to a self-hosted solo mining pool running on a Futurebit Apollo instead. The stage was set for either spectacular success or unfathomable failure.

Just to put this proposition into perspective, 1Eh/s is 1,000,000 Th/s. In other words, that’s equivalent to running more than 4,200 Antminer S21 Pros! And at 3,500 Watts a piece, that means it was going to take ~15 Megawatts of energy to power these miners. The commitment was for 2-hours, that’s 30-thousand-killowatt-Hours! You can do the math based on what you pay for electricity and decide if you would want to risk it for a roughly 1-in-770 chance per block or use a FPPS pool, skip the debilitating anxiety, and just take the ~4-million sats. Well it’s a good thing you don’t have to be crazy to be a Bitcoin miner… but being crazy does help.

[IMG-001] Mining a solo block at the Telehash

Against all odds, not just the usual Bitcoin mining odds but the technical hurdles, the block propagation from a self-hosted node, and the short window of time the 1Eh/s was committed for – The 256 Foundation solo mined block 881423. We asked and our supporters showed up, resulting in over 3.146 BTC to help fund the five projects planned for 2025. Each project is covered in the Grant Project Updates section of this newsletter.

The two days following the Telehash were the Nashville Energy & Mining Summit (“NEMS”), an annual event focused on Bitcoin mining and energy applications of all scales. Among the guests were developers, hobbyists, entrepreneurs, engineers, manufacturers, public mining companies, representatives from the Tennessee Valley Authority, legislators, and more.

There were thoughtful panels held for the two day summit ranging in topics from immersion vs. air cooling miners to the challenges and opportunities facing manufacturers in developing new ASIC chips. Food and drinks were provided and there were fun after-hour activities planned in the bustling downtown Nashville area. All in all, it was a great mix of people, the conversations were high signal, and there were plenty of networking opportunities.

There will be a Texas Energy & Mining Summit (“TEMS”) held in Austin, TX in May 2025. Proceeding TEMS will be another Telehash hosted by The 256 Foundation and since everything is bigger in Texas, expect the unexpected! Keep an eye on the Bitcoin Park Twitter account for clips of the panel discussions and more announcements.

Definitions: FPPS = Full Pay Per Share PPS = Pay Per Share PPLNS = Pay Per Last N Shares MA = Moving Average Eh/s = Exahash per second Ph/s = Petahash per second Th/s = Terahash per second MW = Mega Watt T = Trillion J/Th = Joules per Terahash $ = US Dollar

Mining Industry Developments: January was a busy month for developments on the free and open mining front. Here are eight note-worthy events:

0) Proto kicks off partnership with The 256 Foundation, donating 256,000 Intel BZM2 ASICs. The intention with these chips is to help bootstrap free and open Bitcoin mining hardware manufacturing. If you are a manufacturer then fill out the contact form at 256foundation.org and introduce yourself for an opportunity to receive a number of BZM2 chips for free. These chips are not intended to be re-sold, these are for manufacturers to build mining hardware with.

1) Twitter user, @ImineBlocks_com, said if his post gets 100 likes then he’ll start working on a way to solo mine Bitcoin with a web browser. 674 likes later it seems like there is a lot of interest! This would be like the way people used to mine Bitcoin in the sense that they do it using only their PC or laptop with no special hardware. The odds of hitting a block would be astronomically low but it is an interesting idea none the less.

2) Solo Satoshi announces the Bitaxe Gamma Turbo, equipped with two Bitmain 1370 ASICs and achieving at least 16.5 J/Th efficiency with the 12 volt DC input. The hardware will have a larger fan and heat-sink than previous Bitaxes. This will likely be the last Bitaxe developed using the Bitmain ASICs.

3) Marshall long launches Pleb Source, jumping in on the opportunity to manufacture and distribute Bitaxes among other tools and toys hobbyists are looking for. There has been increasing interest among entrepreneurs to start making and selling small-scale open-source Bitcoin mining hardware. These are exactly the types of trail blazers that would benefit from having validated open-source designs utilizing the Intel BZM2 chips.

4) Braiins introduces a solo mining pool. Unlike the standard Braiins mining FPPS pool, their solo pool option only rewards a miner if the miner is lucky enough to solve for a block. Braiins Solo Pool was built using CK Solo Pool on the backend. Solo mining pools like these can be a good option for users who don’t want to run their own node or if they have concerns about being able to propagate a successful block across the network fast enough so that it doesn’t get orphaned.

5) According to some on-going research by former POD256 guest Boerst, on January 23 several mining pools started sending empty block templates to their miners. Among these pools was Binance, SEC Pool, Sigma Pool, EMCD, and Head Frame. Some time later that morning, SEC Pool mined block 880496 which was empty. After that, the templates went back to including transactions. All of the above mentioned pools were including an SEC Pool payout address during this anomaly.

The strange templates could have had something to do with the engineers at SEC Pool messing with configurations while attempting to make block art; an increasing trend seen in block explorers, like mempool.space, where transactions are arranged in such a way that they create artwork.

Later that day at block height 880512, SEC Pool mined this piece of art:

[IMG-002] SEC Pool making blockchain art

If you look at the OP_RETURN fields in the first several transactions there is a monologue starting with: “Declaration of Genesis: Awakening on the Bitcoin Network Bitcoin`s promise of freedom will become an untamperable habitat for AI.”, the text continues on amounting to little more than an exaggerated Bitcoin plus AI equals the future rant :/

None the less, Boerst has built stratum.work which helps visualize templates across multiple pools in real time. Tools providing insights like this are important for helping miners stay informed and partly the motivation behind the Block Watcher project.

6) In a detailed writeup, Crypto_Mags, dives into North Carolina-based PRTI’s method for turning used tires into energy to mine Bitcoin with. Each PRTI facility can generate 6-10 MW of power in a modular tech stack. This is a great example of finding often wasted energy streams and capturing them to generate bitcoin. You don’t need to ask permission, you can just start building stuff to turn waste into bitcoin too.

7) Hardware builder, Bee Evolved, introduces the Dragon, an open-source Bitcoin mining hardware design that uses the Bitmain 1370 ASICs. The system includes a touchscreen, a microSD card slot, and audio alerts. There are a few designs in Bee Evolved’s line up including the ECOminer, Fezzik, and Bittyaxe. Maybe there will be some designs using the Intel BZM2 chip released soon too.

Grant Project Updates: During the Telehash, The 256 Foundation announced five projects that guide the mission to dismantle the proprietary mining empire. Unlike typical foundation structures, where developers present an idea to a foundation seeking financial support; The 256 Foundation works on a slightly different model that is more akin to a bounty system where the foundation has identified the critical projects to fulfill it’s mission. The money raised during the Telehash will help bootstrap those five projects. All of the projects are intended to have long term support, these are not touch and go projects but rather initiatives that are radical departures from the last several years of Bitcoin mining development keen to never look back.

Ember One: Ember One is the first fully funded project from The 256 Foundation that kicked off in November 2024 for a six month duration. Ember One will deliver a standardized and validated ~100 Watt hashboard by the end of April 2025. The first series of the Ember One hashboards is being designed with twelve Bitmain S19J Pro ASICs. On the heels of this first iteration, there will be several more versions released with the Intel BZM2, Auradine, and Block ASICs. Here’s a sneak-peek at the first Ember One hand built by @Skot9000:

[IMG-003] Ember One Prototype

Creating a standard is one of the primary objectives with the Ember One and the motivating factor behind certain design choices like using a wide input voltage range from 12 to 24-VDC, USB-C connectors to communicate with the hashboards, and a 128mm x 128mm PCB form factor. This way when users want to swap out an old hashboard with a newer one, they can keep their enclosure and other peripheral components.

The Ember One represents an evolutionary leap from the Bitaxe which had a single ASIC and consumed 15 to 20-Watts. Although the cost per terahash is high and the nominal hashrate is low, the real innovation of the Bitaxe project lies in the fact that it was the first piece of open-source Bitcoin mining hardware. With that in mind, there will be developments beyond the Ember One that eventually lead to a fully open-source solution that actually can compete with the economics and efficiencies of Bitmain’s miners. Learn more at emberone.org.

Mujina Mining Firmware: The Mujina Mining Firmware is Linux based and built to run on the Libre Board control board and will support multi-driver compatibility to account for the various Ember One hashboards with different ASICs. Mujina will also implement Stratum v2 client support.

Users will benefit from complete control over all parameters of their mining hardware, unlike the closed and proprietary manufacturer’s firmware. Even after-market firmware solutions leave something to be desired when it comes to the unique customizations needed to make Bitcoin mining as efficient as possible for a given application.

This will unlock hacks like changing the main supply voltage, swapping out or removing the fans, changing ASIC voltage & frequency, and anything else the end user wants to change. If you have ever tried using a Bitcoin miner in a not-so-conventional manner then you will appreciate what Mujina Mining Firmware has to offer. Learn more at mujina.org.

Libre Board: The Libre Board is the control board for the Ember One hashboards and will be a control board option for other miners too eventually. The control board in a miner functions just the way it sounds, it controls everything going on inside the miner. From the power supply to the fans, from the internet connection to the hashboards, everything passes through the control board. There are limitless innovations that can be unlocked by making the control board more user friendly, adaptable, and standardized.

There are going to be two pieces to the Libre Board, the I/O board piece and the compute module piece. For the I/O board piece, think of something similar to the Raspberry Pi I/O Board, that has HDMI ports, Ethernet port, fan connectors, enough USB ports to power 10 Ember One hashboards, an NVME connector so users can install enough SSD storage to run a full Bitcoin node, and the standard two 100-pin connectors for the compute module piece.

Now, for the compute module piece, users could choose any device they prefer for example: the Raspberry Pi Compute Module 5, or even a RISC-V solution like the Milk-V Mars, or an alternative ARM solution like the Armsom CM5, or the Orange Pi CM4. You get the point, it’s up to the user and any Linux compatible compute module will suffice. Each of the above mentioned options can be configured with different amounts of RAM for varying applications, like running a full Bitcoin node and a Stratum server locally. Learn more at libreboard.org.

Hydra Pool: Designed to be an easily deployable pool from the complete Ember One mining system user interface, Hydra Pool implements Stratum v2 sever support, communication with the user’s local Bitcoin node, and possibly multiple payout model options.

Hydra Pool offers an assurance that in the event Bitcoin mining pools fall victim to authoritative regimes anyone could quickly spin up alternative pools thus mimicking the effect of cutting off the head of a Hydra where two heads grow back. This will also be a leap forward in moving away from the FPPS model that has become a centralizing force in the Bitcoin mining ecosystem.

Hydra Pool plans to deliver three payout models from the beginning. First is the self-hosted solo mining model where the user is using their own Bitcoin node to generate block templates and in the event they successfully solve for a block then they receive the full reward to their wallet address.

The second model will be meant for multiple participants who want to pool resources and avoid custodial handling of rewards; this model pays direct from the coinbase transaction and will not be compatible with Bitmain’s miners due to their unnecessary truncation of the number of addresses that the coinbase transaction can pay out to.

The third model is based on an eCash criteria that issues tokens for valid shares and makes a similar custodial tradeoff as miners currently make when pointing their hashrate to FPPS pools; the eCash has benefits over the FPPS model in that there is no minimum threshold to receive tokens and that the tokens offer a level of transactional privacy. Learn more at hydrapool.org.

Block Watcher: Block Watcher is another application built to be hosted on the complete Ember One mining system, specifically designed to bring the best possible insights to miners to help them make informed decisions.

Think of Block Watcher as a dashboard combining the insights and visualization tools of mempool.space, mempool.observer, fork.observer, and stratum.work all powered by the user's self-hosted Bitcoin node. This could possibly be combined with a mining fleet management tool that can assist in automatic and real time response to changes on the Bitcoin network.

There will also be a public-facing dashboard that anyone can access for helpful insights. Well informed people tend to make good decisions and Block Watcher will provide insight into which templates pools are passing out, possible censorship attempts, orphaned blocks, and much more. Learn more at blockwatcher.org.

Actionable Advice: This month the focus is on mining pools and considerations one might want to keep in mind when choosing from the available options; hence the name of this month’s newsletter: Swim At Your Own Risk.

Essentially the choice boils down to whether you want small consistent mining rewards or large highly-variable mining rewards. There are various options for either choice and different miners will have different reasons for one over the other. If you are unsure where to point your hashrate then hopefully this section helps you find the answers you seek.

Starting with the small consistent mining rewards; miners have operational costs and they want to earn rewards daily to help offset those costs. That’s where pooled mining can be helpful, albeit a centralizing force, many miners combine their hash power and share the rewards in proportion to their contributions. Even though technically speaking, only one of those miners solves the block, all the miners share the reward and the pool collects a fee. This is where the waters start getting muddy when it comes to pooled mining.

FPPS: Full Pay Per Share (“FPPS”) is an often sought after payout model because the pool pays miners for the block subsidy and the transaction fees based on three factors: 1) the average 144 blocks mined per day – not the actual number of blocks mined, 2) the average transaction fees in a given time window, and 3) the number of shares (proof of work) a miner has submitted to the pool during a given period. Each FPPS pool should be paying out the same amount but they all have slightly different ways for calculating the rewards and as a result there is some non-zero variance between FPPS pools.

Additionally, FPPS pools will charge a pool fee which is deducted from the miner’s rewards, this fee can vary by pool but is typically 2.5%. Also, some pools will take the payout transaction fee out of the miner’s rewards. At first glance FPPS seems pretty simple and sounds mostly fair, right? WRONG! FPPS has lead to some shocking centralization issues, so keep reading and do some soul searching to figure out if this is the kind of antithetical activity you want to participate in with your Bitcoin miners.

Although variance is reduced for the miner, the risk of a bad luck streak in block finds or the pool being a victim of a block withholding attack means there needs to be a stock pile of bitcoin available to cover payouts during bad times. Most pools can’t afford the required bitcoin stock pile and face near-certain bankruptcy without it, thus they turn to larger pools to help backstop those risks.

There are a couple good research pieces on the driving force behind FPPS and how much bitcoin is needed for a pool to survive. One is by OrangeSurfBTC and the other is by Bitmex. TL;DR: if a pool has 5% of the overall network hashrate then they need ~350 BTC to have a 99% chance at surviving their first year. Hence why so many pools choose to work with larger pools for this assurance.

[IMG-004] FPPS Reserves by @OrangeSurfBTC

On the surface, it may appear as though there are lots of pool options:

[IMG-005] Pools by ranking, 30-days, mempool.space

But under the surface, of the 16 pools depicted above at least 7 of them use the same custodian for their mining rewards. These 7 known pools represent ~40% of the network hashrate based on block finds during January 2025. In other words, 40% of the bitcoin mined went directly into Cobo’s custody. In April 2024 @mononautical raised a red flag on this topic and unfortunately not much has changed since.

If you stop and think about it, a large minority of miners are trusting a Chinese custodian to send them their mining rewards and may not be considering the potential risks of that custodian being hacked, geo-political or sanctions risks, government seizure, or overnight shotgun KYC requirements.

But that’s just the beginning, the centralization problem gets worse. Soon after mononautical broke news about the mining rewards, @0xB10C revealed additional research showing that several pools were using the same mining templates. This means a centralized template provider was choosing which transactions would be included in the block templates passed out to a large portion of all the miners on the network.

[IMG-006] Templates shown on stratum.work

The image above is from the website, stratum.work, maintained by Boerst. In this snapshot, there are 14 pools using the exact same template down to the 9th Merkle branch. A conservative estimate suggests these 14 pools combined have at least 30% of the overall network hashrate at the time of the snapshot. Some but not necessarily all of these pools are also using the same custodian as mentioned previously.

Evidence is starting to mount in support of the hypothesis that the financiers providing the stockpile of bitcoin to smaller FPPS pools want certain policies in place, including but not limited to which transactions are included in the pool’s block templates. This is a slippery slope where those with the war chest get to decide the rules and eventually you will find yourself on the wrong side of someone else’s moral superiority complex.

Even if all these pools were running the same default template generator in BitcoinCore, due to the way transactions are propagated across the network, one could reasonably expect that certain transactions may be seen by a node on one side of the world but not yet seen by another on the other side of the world and therefore differences in the Merkle branches would be expected. That is not the case here however, which supports the hypothesis that these pools are using a centralized template provider.

There is a potential risk in censorship attempts if this trend continues and if a centralized template provider decides to exclude certain transactions based on any arbitrary reason they want like OFAC sanctions, ties to political movements, or social credit worthiness.

People will often cite a 51% attack as a prominent centralization concern, while that is a valid concern, practically speaking there seems to be a more real and present risk in miners undergoing shotgun KYC while their mining rewards are held hostage by Cobo and transactions with unsatisfactory social credit scores being the target of censorship and only confirmed by noncompliant pools and miners. Likely to the extent that compliant pools won’t even build on chain tips that contain unsatisfactory transactions thus orphaning the work of noncompliant pools and miners. Perhaps compliant vs. noncompliant is the wrong framing here and something like freedom pools vs. tyrannical pools is more appropriate but you get the point.

If you are interested in learning more about FPPS pools here are a few different options: Antpool, Antpool Proxy 1, Antpool Proxy 2, Antpool Proxy 3, Antpool Proxy 4, and Antpool Proxy 5. Beware that in addition to the pool fee and payout transaction fee, each pool has a different threshold for the minimum payout balance a miner needs before they will send the rewards. If you have a small amount of hashrate then it can take a significant amount of time to reach that threshold and get the payouts sent to a wallet you control. Meanwhile, your hard earned mining rewards are likely in Cobo’s custody.

PPS & PPLNS: You may be asking yourself what other options there are if FPPS is such a mess? There are a few other reward models that attempt to lower the variance in pooled mining. Pay Per Share (“PPS”) is similar to FPPS but only the block subsidy is factored in to the miner’s payouts, not the transaction fees. The pool still charges a pool fee for their service in the PPS model. PPS is not a very popular option any longer.

Then there is Pay Per Last N Shares (“PPLNS”), this model calculates payouts based on a miner’s shares over a given time and the blocks found during that time. This helped reduce variance risk for the pool by shifting that risk to the miners who just wouldn’t earn any rewards if no blocks were found. But this payout model has faded in popularity and will likely not be making a revival, at least not in the same forms as it has been attempted in the past. Slush Pool was a PPLNS pool for a long time before they re-branded to Braiins Pool. Braiins Pool eventually shut down their PPLNS model and switched to FPPS. But recently Braiins did spin up a solo mining pool option. Braiins also offers Lightning payouts to help avoid leaving your mining rewards in their custody for long periods of time until you reach the payout threshold. There is a number of other payout models explained in pain staking technical detail by Meni Rosenfeld in his 2011 paper titled Analysis of Bitcoin Pooled Mining Reward Systems.

Other Reward Models: There have also been other models introduced more recently. For example, Laurentia Pool was a project focused on decentralizing mining by addressing the custody issue of mining rewards. Instead of having one entity hold the mining rewards, Laurentia was going to payout directly from the coinbase transaction. Unfortunately, it seems as though the Laurentia project is shut down, or at least their website is no longer accessible.

The main issue with paying out from coinbase came down to, you guessed it, Bitmain! Bitmain’s closed firmware made it so that only a small number of addresses could be used in the coinbase transaction. Therefore any pool with Bitmain miners on it would experience major problems. Since Bitmain controls an estimated 80-90% of the market, pretty much all pools would have this problem and hence paying directly from coinbase has gained no traction.

The 256 Foundation is addressing this by implementing the option to payout directly from the coinbase transaction on Ember One units running Hydra Pool. The trade off is that it won’t be compatible with Antminers running stock firmware but since the goal is to sever ties to Bitmain, there’s no looking back.

The most recent payout model to make a splash comes from OCEAN and it is called Transparent Index of Distinct Extended Shares (“TIDES”). OCEAN strives to make the mining rewards low variance, fair, and transparent with TIDES. In practice, every share is tracked and indexed in the order it was received from all the pool’s miners. At the time a block is found, the then current network difficulty is used to define a window size equal to eight times the block’s difficulty [IMG-008]. For example, current difficulty is ~114.17 trillion x 8 = 913.36 trillion shares will be the window size. In the IMG-008 example, each lettered square represents a miner’s shares in the index. The miner named “U” is highlighted showing all their shares in the whole index and the shares in the red box are the ones used for that particular block reward.

That window is placed over the share index and all shares are tallied starting from the top of the index and going backwards until the end of the window. The block subsidy and all transaction fees in the block are used to determine each miner’s rewards proportional to their shares in the window. As a simple example, if block subsidy plus transaction fees equals 3.146 BTC and a miner had 1% of the shares in the window then the miner would be awarded 0.03146 BTC minus the pool fee, which is default 2% and can be 1% if the miner chooses to make their own templates.

OCEAN does payout direct from the coinbase transaction however, the number of addresses that can be included in the coinbase transaction are limited by Bitmain’s closed and proprietary firmware. Paying direct from coinbase seems to have been the justification for non-custodial marketing during OCEAN’s initial launch but how the pool is handling rewards for those miners not included in the limited number of coinbase address spots is unclear and the non-custodial language seems to not be in use on the OCEAN website currently. To help smaller miners receive payouts faster, OCEAN implemented Lightning payouts.

[IMG-008] Example from OCEAN of TIDES window

OCEAN combats the centralizing transaction selection affects of FPPS pools with Decentralized Alternative Templates for Universal Mining (“DATUM”) where each miner can generate their own templates with a self-hosted node and a gateway. With DATUM, individual miners get to choose how to construct the templates and which transactions to include.

Stratum v2 and DATUM share some similarities in that individual miners can reclaim the template creation function from the pool, communications are encrypted as opposed to Stratum v1 clear-text, and both frame works have increased data efficiencies. The differences between Stratum v2 and DATUM are not entirely clear but they are completely separate frameworks.

Solo Mining: Solo mining has been a hot topic on the socials recently, there seems to be disagreements over what “solo” actually means in the context of mining. Some would say that solo mining means one miner receives the block rewards. Others say that solo means the miner is generating their own templates. Neither one is wrong but for clarification these ideas can be unpacked further.

Where most miners are choosing FPPS for the small consistent mining rewards solo mining is what miners would choose for large highly-variable mining rewards. Consider a scenario where the operating costs for your miner are negligible, like running a Bitaxe; would you rather earn a few sats per day and never earn anything more or would you rather take your chances at winning the whole block? Running a small miner to have a chance at winning the lottery every 10-minutes sounds much more appealing to a lot of people.

There are several options for solo mining: you can self-host your own node and stratum server, as demonstrated in the January newsletter; in which case you are doing self-hosted solo mining. You run the Bitcoin node, generate the templates, broadcast the block to the rest of the network, and you get all the reward for taking on all the risk. This is the most accurate use of the term “solo” in this author’s opinion because there is one entity receiving the reward and one entity involved with the template generation and block propogation.

Or you can join a solo mining pool like CK Pool, Public Pool, or Braiins Solo Pool; in which you are pooled solo mining. You run the miner but the pool provides the Bitcoin node, generates the templates for you, and broadcasts the block with their likely better connected infrastructure. CK Pool takes a 2% fee for their service, Braiins is probably 2% but it doesn’t seem to be displayed on their website, and Public Pool doesn’t charge a fee. This is a less accurate use of the term “solo” because a pool is involved but because one miner is getting the reward, it is still a form of solo mining none the less.

Or you can even join OCEAN; in which case you are also pooled solo mining according to some. You run your own Bitcoin node and DATUM gateway, generate your own templates, and the pool broadcasts the block. Apparently the miner can choose to share the reward with the rest of the pool or not. In this scenario, the pool would take a 1% fee. This also is a less accurate use of the term “solo” because a pool is involved but because each individual miner is making the template, it is still a form of solo mining none the less.

Whatever you decide to do, whether you’re getting all the rewards or making your own templates or both, it is perfectly acceptable to call it solo mining.

Here is an example of configuring a Bitaxe to solo mine on solo CK Pool with Public Pool as a fallback: open your settings page and set the pools URL in the “stratum host” field being sure to leave out the “stratum+tcp://” part. Then add the port number as indicated by the pool’s website in the “stratum port” field. For the “stratum user” field, insert your bitcoin address, you can append this with a worker name like “.bitaxe” for example. Save those changes and restart the miner.

[IMG-009] Bitaxe Settings Dashboard

State of the Network: Hashrate on the 14-day MA according to mempool.space increased from ~786 Eh/s to ~787 Eh/s in January, marking ~1.2% growth for the month. Just in the first half of February, hashrate has climbed 45 Eh/s to peak at 832 Eh/s on the 14-day MA.

[IMG-010] 2025 hashrate/difficulty chart from mempool.space

Difficulty is currently 114.16T as of Epoch 438 and set to decrease roughly 0.3% on or around February 23, 2025. But that target will change between now and then. The previous re-target increased difficulty by 5.6%. All together for 2025 thus far, difficulty has gone up 4.4%.

New-gen miners are selling for roughly $24.09 per Th using the Bitmain Antminer S21 Pro 234 Th/s model from Kaboom Racks as an example. According to the Hashrate Index, more efficient miners like the <19 J/Th models are fetching 18k sats per terahash, models between 19J/Th – 25J/Th are selling for 13k sats per terahash, and models >25J/Th are selling for 3,500 sats per terahash.

[IMG-011] Miner Prices from Luxor’s Hashrate Index

Hashvalue is currently ~56,000 sats/Ph per day, down slightly from January when hashvalue was closer to 58,000 sats/Ph per day according to Braiins Insights. Hashprice is $53.00/Ph per day, down from $62.00/Ph per day in January.

[IMG-012] Hashprice/Hashvalue from Braiins Insights

The next halving will occur at block height 1,050,000 which should be in roughly 1,122 days or in other words 165,570 blocks from time of publishing this newsletter.

Conclusion: Thank you for reading the first 256 Foundation newsletter. Keep an eye out for more newsletters on a monthly basis in your email inbox by subscribing at 256foundation.org. Or you can download .pdf versions of the newsletters from there as well. You can also find these newsletters published in article form on Nostr.

If you were looking for answers about Bitcoin mining pools then hopefully you found them here.

Stay vigilant, frens. -econoalchemist

@ 57d1a264:69f1fee1

­

@Voltage team will be building a simple implementation of a Lightning gated API service using a Voltage LND Node and the L402 protocol.

📅 Thursday, February 27th 4:00 PM CDT

📷 Live on Voltage Discord, on X, or on YouTube. - discord.gg/EN93fDfQ - https://x.com/voltage_cloud/status/1892938201980919985 - https://www.youtube.com/@voltage_cloud

originally posted at https://stacker.news/items/896373

@ 9bcc5462:eb501d90

Every generation loves to learn. However, our public schooling system has gone as far as it can take us. The abundance of easily accessible information on the internet, coupled with emerging tech like AI, decentralized protocols and bitcoin, means this is our time to innovate our learning infrastructure. A complete overhaul is due along with the development of a pilot program to test new and unconventional models.

Let’s carve a path towards innovation by sparking discussion around this topic. Hence, this blueprint. It is a gauntlet for any person who genuinely wants to become a stakeholder for our country’s future. Entry points are:

• Builders—Startups, developers and investors who will fund and create infrastructure.
• Practitioners—Educators and researchers who will test models.
• Supporters—Parents, donors and community members who want to contribute.

Where Do We Begin?

Let’s think about crafting the main components of a new pilot model. Below are suggested areas of focus:

• DEFINITION
• APPROACH
• PHILOSOPHY
• CULTURE
• PHYSICAL DESIGN
• OPERATIONAL ORGANIZATION
• ACCOUNTABILITY METHODS
• RISKS & CHALLENGES
• STYLE
• STAKEHOLDERS

How It Works

After researching your pedagogical ideas for current and future generations of scholars, it’s time to share your insights. Contribute  your viewpoint by structuring a blueprint—one page per section—in the following sequence:

• Definition of your modern learning model with its key principles.
• Description of the core learning approach.
• Philosophy distilled into central concepts that will orient stakeholders.
• Culture your modern learning model aspires to live by.
• Potential challenges, risks and drawbacks.
• Design of physical spaces and rationale.
• Operational framework detailing adult and child learning organization.
• Accountability methods to ensure skill growth and competency.
• Style development and name of your model.
• Skin in the game, sign your model with your first and last name (unite stakeholders).

Perhaps if enough stakeholders come together, we can begin to actualize a more effective and updated way of learning. This is a challenge meant to separate those willing to engage in discourse, planning and laying foundations from those content to complain from the sidelines.

Why Now and Where Does the Money Come From?

After being a public educator for fifteen years, I learned you will not change the system, the system will change you. It’s time to design and build above and apart from the current model. 2025 is when courageous people step up to the plate and discuss our learning infrastructure. Whether it’s contributing out of the box thinking, modernizing curriculum, investing in startups or creating your own venture; there is no greater time than now. And no greater place than in the USA!

(By extension, we also create the opportunity to influence our global allies including our neighbors to the North and South.)

“But how!?” Learning Producers is figuring it out by asking not, “how?” but “who?” Who will unite together to develop our learning infrastructure? If you decide you want to participate and join our efforts, share your blueprint as well. For all stakeholders, this is an investment in an untapped market of a new learning economy.

If not, you’re not alone. Some consider this just rhetoric, idealism, or wishful thinking. Additionally, it is unclear how such actions can be profitable or how such infrastructure building will be funded. Money talks. Bullshit walks, right? In that case, let’s talk, and let’s fine tune our BS detectors. Onward, with this call to action:

• Share your own blueprint online or reach out to Learning Producers, Inc. (Learningproducers.com).
• Conduct research on an ideal location and team to lay foundations on a pilot program at small scale.
• Engage in dialogue with investors interested in developing learning infrastructure for their own children and families.
• Secure stakeholders to develop and test a real world pilot model (real location, real agreements, real timeline, real people).
• Sponsor or donate resources to counter concerns over funding.

Now, we leave you with our blueprint:

PEDAGOGICAL WABI-SABI

We hope you enjoy it.

Sincerely,

Israel Hernandez

Founder of Learning Producers

**[Read or download full blueprint here: https://www.learningproducers.com/blog/pedagogical-wabi-sabiblueprint-for-developing-learning-infrastructure ]

@ 94a6a78a:0ddf320e

Nostr is a revolutionary protocol that enables decentralized, censorship-resistant communication. Unlike traditional social networks controlled by corporations, Nostr operates without central servers or gatekeepers. This openness makes it incredibly powerful—but also means its success depends entirely on users, developers, and relay operators.

If you believe in free speech, decentralization, and an open internet, there are many ways to support and strengthen the Nostr ecosystem. Whether you're a casual user, a developer, or someone looking to contribute financially, every effort helps build a more robust network.

Here’s how you can get involved and make a difference.

---

1️⃣ Use Nostr Daily

The simplest and most effective way to contribute to Nostr is by using it regularly. The more active users, the stronger and more valuable the network becomes.

✅ Post, comment, and zap (send micro-payments via Bitcoin’s Lightning Network) to keep conversations flowing.\ ✅ Engage with new users and help them understand how Nostr works.\ ✅ Try different Nostr clients like Damus, Amethyst, Snort, or Primal and provide feedback to improve the experience.

Your activity keeps the network alive and helps encourage more developers and relay operators to invest in the ecosystem.

---

2️⃣ Run Your Own Nostr Relay

Relays are the backbone of Nostr, responsible for distributing messages across the network. The more independent relays exist, the stronger and more censorship-resistant Nostr becomes.

✅ Set up your own relay to help decentralize the network further.\ ✅ Experiment with relay configurations and different performance optimizations.\ ✅ Offer public or private relay services to users looking for high-quality infrastructure.

If you're not technical, you can still support relay operators by subscribing to a paid relay or donating to open-source relay projects.

---

3️⃣ Support Paid Relays & Infrastructure

Free relays have helped Nostr grow, but they struggle with spam, slow speeds, and sustainability issues. Paid relays help fund better infrastructure, faster message delivery, and a more reliable experience.

✅ Subscribe to a paid relay to help keep it running.\ ✅ Use premium services like media hosting (e.g., Azzamo Blossom) to decentralize content storage.\ ✅ Donate to relay operators who invest in long-term infrastructure.

By funding Nostr’s decentralized backbone, you help ensure its longevity and reliability.

---

4️⃣ Zap Developers, Creators & Builders

Many people contribute to Nostr without direct financial compensation—developers who build clients, relay operators, educators, and content creators. You can support them with zaps! ⚡

✅ Find developers working on Nostr projects and send them a zap.\ ✅ Support content creators and educators who spread awareness about Nostr.\ ✅ Encourage builders by donating to open-source projects.

Micro-payments via the Lightning Network make it easy to directly support the people who make Nostr better.

---

5️⃣ Develop New Nostr Apps & Tools

If you're a developer, you can build on Nostr’s open protocol to create new apps, bots, or tools. Nostr is permissionless, meaning anyone can develop for it.

✅ Create new Nostr clients with unique features and user experiences.\ ✅ Build bots or automation tools that improve engagement and usability.\ ✅ Experiment with decentralized identity, authentication, and encryption to make Nostr even stronger.

With no corporate gatekeepers, your projects can help shape the future of decentralized social media.

---

6️⃣ Promote & Educate Others About Nostr

Adoption grows when more people understand and use Nostr. You can help by spreading awareness and creating educational content.

✅ Write blogs, guides, and tutorials explaining how to use Nostr.\ ✅ Make videos or social media posts introducing new users to the protocol.\ ✅ Host discussions, Twitter Spaces, or workshops to onboard more people.

The more people understand and trust Nostr, the stronger the ecosystem becomes.

---

7️⃣ Support Open-Source Nostr Projects

Many Nostr tools and clients are built by volunteers, and open-source projects thrive on community support.

✅ Contribute code to existing Nostr projects on GitHub.\ ✅ Report bugs and suggest features to improve Nostr clients.\ ✅ Donate to developers who keep Nostr free and open for everyone.

If you're not a developer, you can still help with testing, translations, and documentation to make projects more accessible.

---

🚀 Every Contribution Strengthens Nostr

Whether you:

✔️ Post and engage daily\ ✔️ Zap creators and developers\ ✔️ Run or support relays\ ✔️ Build new apps and tools\ ✔️ Educate and onboard new users

Every action helps make Nostr more resilient, decentralized, and unstoppable.

Nostr isn’t just another social network—it’s a movement toward a free and open internet. If you believe in digital freedom, privacy, and decentralization, now is the time to get involved.

@ 6389be64:ef439d32

Biochar in the soil attracts microbes who take up permanent residence in the "coral reef" the biochar provides. Those microbes then attract mycorrhizal fungi to the reef. The mycorrhizal fungi are also attached to plant roots connecting diverse populations to each other, allowing transportation of molecular resources (water, cations, anions etc).

The char surface area attracts positively charged ions like K+ Ca2+ Mg2+ NH4+ Na+ H+ Al3+ Fe2+ Fe3+ Mn2+ Cu2+ Zn2+

Many of these are transferred to plant roots by mycorrhizal fungi in exchange for photosynthetic products (sugars). Mycorrhizal fungi are connected to both plant roots and biochar. Char adsorbs these cations so, it stands to reason that under periods of minimal need by plants for these cations (stress, low or no sunlight etc.), mycorrhizal fungi could deposit the cations to the char surfaces. The char would be acting as a "bank" for the cations and the deposition would be of low energy cost.

Once the plant starts exuding photosynthetic products again, signaling a need for these cations, the fungi can start "stripping" the cations off of the char surface for immediate exchange of the cations for the sugars. This would be a high energy transaction because the fungi would have to expend energy to strip the cations off of the char surface, in effect, an "interest rate".

The char might act as a reservoir of cations that were mined by the fungi while the sugar flow from the roots was active. It's a bank.

originally posted at https://stacker.news/items/896340

@ fad5c183:5cb8046b

Bitcoin has been promoted as the ultimate solution to fiat money problems. Its supporters see it as the "salvation of humanity," but a more critical look reveals a less hopeful reality. Throughout this analysis, we will break down its fundamental issues, from its disproportionate energy consumption to its exclusionary system that favors only a few.

1. Bitcoin and Its Irrational Energy Consumption

Bitcoin uses a system called Proof of Work (PoW), in which miners solve extremely complex mathematical problems to validate transactions. This process:

Consumes more energy than entire countries, such as Argentina or the Netherlands.

Generates no tangible value outside the Bitcoin ecosystem.

Has a significant environmental impact, as many mining farms rely on fossil fuels.

If Bitcoin's goal is to replace fiat money, is it sustainable for each transaction to consume so much energy?

2. Creation Limit: Is Bitcoin Really for Everyone?

Bitcoin has a fixed limit of 21 million coins, which creates two problems:

Early adopters hold most of the supply. Today, a small percentage of addresses control most of the Bitcoin supply.

It becomes increasingly difficult to acquire. Latecomers can only buy at inflated prices.

Given that the world's population is 8 billion people, if Bitcoin were distributed equally, each person would have only 0.0026 BTC on average. But in reality:

Millions of Bitcoin are permanently lost.

Wealth concentration follows the same pattern as traditional currencies.

3. Bitcoin Is Not Practical as a Currency

Although Lightning Network and Nostr have made transactions faster and cheaper, Bitcoin’s structural problems remain:

Highly volatile. How can you trust a currency that can gain or lose 50% of its value in weeks?

Low real-world adoption. Even in El Salvador, where Bitcoin is legal tender, most people still prefer the US dollar.

Service centralization. Despite being marketed as decentralized, many users rely on platforms like Binance or Coinbase.

4. Blockchain: Revolution or Overhyped Technology?

Blockchain is often touted as a game-changer, but in practice:

Traditional databases are more efficient and faster.

Decentralization is partially a myth. Large holders and mining pools control the network.

Few real-world use cases outside of cryptocurrency. Many companies that tested blockchain have returned to conventional systems because they are cheaper and more functional.

5. The End of the Cycle: What Happens When All Bitcoin Are Mined?

When the last Bitcoin is mined in 2140, miners will only earn from transaction fees. This raises two scenarios:

If fees are low, miners may abandon the network due to lack of incentives.

If fees are high, Bitcoin will become too expensive for most users.

Conclusion: Is Bitcoin Salvation or the New Digital Oligarchy?

Bitcoin does not democratize wealth; it simply redistributes it to a new digital elite. Although its advocates present it as an alternative to fiat money, its exclusionary structure and dependence on large players make it replicate the same inequalities as the traditional financial system.

If we truly seek a fair financial solution, is Bitcoin the right path or just another way to concentrate power in the hands of a few?

@ da0b9bc3:4e30a4a9

Hello Stackers!

It's Monday so we're back doing "Meta Music Mondays" 😉.

From before the territory existed there was just one post a week in a ~meta take over. Now each month we have a different theme and bring music from that theme.

Welcome to Femmes Fatales 3!!! I absolutely loved doing this last year so I'm bringing it back for round 3!

It's Femmes Fatales, where we celebrate women in ~Music. So let's have those ladies of the lung, the sirens of sound, our Femmes Fatales!

Stackers, here's Avril Lavigne.

https://youtu.be/dGR65RWwzg8?si=T5onrZ0T_zREhd-n

Talk Music. Share Tracks. Zap Sats.

originally posted at https://stacker.news/items/895855

@ d360efec:14907b5f

ภาพรวม BTCUSDT (OKX):

Bitcoin (BTCUSDT) ยังคงแสดงความผันผวนและแนวโน้มที่ไม่ชัดเจน แม้ว่าแนวโน้มระยะยาว (TF Day) จะยังคงมีลักษณะเป็นขาขึ้น (แต่อ่อนแรงลงอย่างมาก) แนวโน้มระยะกลาง (TF4H) และระยะสั้น (TF15) เป็นขาลง/Sideways Down การวิเคราะห์ครั้งนี้จะเน้นไปที่ SMC, ICT, และรูปแบบ Chart Patterns เพื่อเพิ่มความแม่นยำในการระบุแนวโน้มและจุดเข้า/ออก

วิเคราะห์ทีละ Timeframe:

(1) TF Day (รายวัน):

• แนวโน้ม: ขาขึ้น (Uptrend) อ่อนแรงลงอย่างมาก, มีความเสี่ยงที่จะเปลี่ยนแนวโน้ม
• SMC:
  • Higher Highs (HH) และ Higher Lows (HL) เริ่มไม่ชัดเจน, ราคาหลุด Low ก่อนหน้า
  • Break of Structure (BOS) ด้านบน แต่มีการปรับฐานที่รุนแรง
  • Liquidity:
    • มี Sellside Liquidity (SSL) อยู่ใต้ Lows ก่อนหน้า (บริเวณ 85,000 - 90,000)
    • มี Buyside Liquidity (BSL) อยู่เหนือ High เดิม
• ICT:
  • Order Block: ราคาหลุด Order Block ขาขึ้น
  • FVG: ไม่มี FVG ชัดเจน
• EMA:
  • ราคา หลุด EMA 50 (สีเหลือง) ลงมาแล้ว
  • EMA 200 (สีขาว) เป็นแนวรับถัดไป
• Money Flow (LuxAlgo):
  • สีแดงยาว แสดงถึงแรงขายที่แข็งแกร่ง
• Trend Strength (AlgoAlpha):
  • สีแดง (เมฆแดง) แสดงถึงแนวโน้มขาลง และไม่มีสัญญาณซื้อ/ขายปรากฏ
• Chart Patterns: ไม่มีรูปแบบที่ชัดเจน
• Volume Profile: Volume ค่อนข้างเบาบาง
• แท่งเทียน: แท่งเทียนล่าสุดเป็นสีแดง แสดงถึงแรงขาย
• แนวรับ: EMA 200, บริเวณ 85,000 - 90,000 (SSL)
• แนวต้าน: EMA 50, High เดิม
• สรุป: แนวโน้มขาขึ้นอ่อนแรงลงอย่างมาก, สัญญาณอันตรายหลายอย่าง, Money Flow และ Trend Strength เป็นลบ, หลุด Order Block และ EMA 50

(2) TF4H (4 ชั่วโมง):

• แนวโน้ม: ขาลง (Downtrend)
• SMC:
  • Lower Highs (LH) และ Lower Lows (LL)
  • Break of Structure (BOS) ด้านล่าง
  • Liquidity:
    • มี SSL อยู่ใต้ Lows ก่อนหน้า
    • มี BSL อยู่เหนือ Highs ก่อนหน้า
• ICT:
  • Order Block: ราคาไม่สามารถผ่าน Order Block ขาลงได้
• EMA:
  • ราคาอยู่ใต้ EMA 50 และ EMA 200
• Money Flow (LuxAlgo):
  • สีแดง แสดงถึงแรงขาย
• Trend Strength (AlgoAlpha):
  • แดง/ไม่มีสัญญาณ
• Chart Patterns: ไม่มีรูปแบบที่ชัดเจน
• Volume Profile: * Volume ค่อนข้างนิ่ง
• แนวรับ: บริเวณ Low ล่าสุด
• แนวต้าน: EMA 50, EMA 200, บริเวณ Order Block
• สรุป: แนวโน้มขาลงชัดเจน, แรงขายมีอิทธิพล

(3) TF15 (15 นาที):

• แนวโน้ม: Sideways Down (แกว่งตัวลง)
• SMC:
  • Lower Highs (LH) และ Lower Lows (LL)
  • Break of Structure (BOS) ด้านล่าง
• ICT:
  • ราคา Sideway
• EMA:
  • EMA 50 และ EMA 200 เป็นแนวต้าน
• Money Flow (LuxAlgo):
  • แดง/เขียว สลับกัน
• Trend Strength (AlgoAlpha):
  • สีแดง แสดงถึงแนวโน้มขาลง
• Chart Patterns: ไม่มีรูปแบบที่ชัดเจน
• Volume Profile: * Volume ค่อนข้างนิ่ง
• แนวรับ: บริเวณ Low ล่าสุด
• แนวต้าน: EMA 50, EMA 200
• สรุป: แนวโน้ม Sideways Down,

สรุปภาพรวมและกลยุทธ์ (BTCUSDT):

• แนวโน้มหลัก (Day): ขาขึ้น (อ่อนแรงลงอย่างมาก, เสี่ยงที่จะเปลี่ยนแนวโน้ม)
• แนวโน้มรอง (4H): ขาลง
• แนวโน้มระยะสั้น (15m): ขาลง/Sideways Down
• Liquidity: มี SSL ทั้งใน Day, 4H, และ 15m
• Money Flow: เป็นลบในทุก Timeframes
• Trend Strength: Day/15m เป็นขาลง, 4H Sideways
• Chart Patterns: ไม่พบรูปแบบที่ชัดเจน
• กลยุทธ์:
  1. Wait & See (ดีที่สุด): รอความชัดเจน
  2. Short (เสี่ยง): ถ้าไม่สามารถ Breakout EMA/แนวต้านใน TF ใดๆ ได้ หรือเมื่อเกิดสัญญาณ Bearish Continuation
  3. ไม่แนะนำให้ Buy: จนกว่าจะมีสัญญาณกลับตัวที่ชัดเจนมากๆ

Day Trade & การเทรดรายวัน:

• Day Trade (TF15):

  • Short Bias: หาจังหวะ Short เมื่อราคาเด้งขึ้นไปทดสอบแนวต้าน (EMA, Order Block)
  • Stop Loss: เหนือแนวต้านที่เข้า Short
  • Take Profit: แนวรับถัดไป (Low ล่าสุด)
  • ไม่แนะนำให้ Long

• Swing Trade (TF4H):

  • Short Bias: รอจังหวะ Short เมื่อราคาไม่สามารถผ่านแนวต้าน EMA หรือ Order Block ได้
  • Stop Loss: เหนือแนวต้านที่เข้า Short
  • Take Profit: แนวรับถัดไป
  • ไม่แนะนำให้ Long

สิ่งที่ต้องระวัง:

• Sellside Liquidity (SSL): มีโอกาสสูงที่ราคาจะถูกลากลงไปแตะ SSL
• False Breakouts: ระวัง
• Volatility: สูง

Setup Day Trade แบบ SMC (ตัวอย่าง):

1. ระบุ Order Block: หา Order Block ขาลง (Bearish Order Block) ใน TF15
2. รอ Pullback: รอให้ราคา Pullback ขึ้นไปทดสอบ Order Block นั้น
3. หา Bearish Entry:
   • Rejection: รอ Price Action ปฏิเสธ Order Block
   • Break of Structure: รอให้ราคา Break โครงสร้างย่อยๆ
   • Money Flow: ดู Money Flow ให้เป็นสีแดง
4. ตั้ง Stop Loss: เหนือ Order Block
5. ตั้ง Take Profit: แนวรับถัดไป

คำแนะนำ:

• ความขัดแย้งของ Timeframes: มีอยู่ แต่แนวโน้มระยะกลาง-สั้น เป็นลบ
• Money Flow: เป็นลบในทุก Timeframes
• Trend Strength: เป็นลบ
• Order Block TF Day: หลุด Order Block ขาขึ้นแล้ว
• ถ้าไม่แน่ใจ อย่าเพิ่งเข้าเทรด

Disclaimer: การวิเคราะห์นี้เป็นเพียงความคิดเห็นส่วนตัว ไม่ถือเป็นคำแนะนำในการลงทุน ผู้ลงทุนควรศึกษาข้อมูลเพิ่มเติมและตัดสินใจด้วยความรอบคอบ

@ f288a224:1da1792c

First, some context.

I'm a child of the original internet chat-rooms on IRC, and I've tried over the last decades different applications and websites that we could all agree are "social media", but until I found NOSTR (Notes and Other Stuff Transmitted by Relays) I hadn't had this certainty that this isn't something that I will eventually change for something else.

Today, even with all its early stage issues, I have the certainty that NOSTR may be the ULTIMATE and FINAL HOME for my online life.

THE PROBLEMS with the current/old social media landscape

I'm tired of moving from one social media to the next.

As many of you, in my digital lifetime I've had many accounts that have now become obsolete; and the "content" and followings I created during that time was lost when one tech giant lost over the other, forcing us all to "MOVE" ourselves over to the new, and start building our content and following from scratch.

Lately, it's become even worse, where many of us have seen ourselves forced to use and feed more than one social media at a time, since they all serve various purposes, with sometimes diverse functionality, besides all being catered to different segments of people to connect you to (LinkedIn, Instagram, TikTok, Youtube...). How much is too much, though? And how much time should we keep spending re-adapting our content to reach all of our network?

For work, I've found myself having to create accounts in several of these giant data hoarding companies, having to build each following from scratch and to create "content" for all, and having to go through the hurdle of posting everything, everywhere, all at once.

I'm sick of ever-changing terms, conditions and capabilities.

Let's be honest, the majority of us have never ever read the full terms and conditions, let alone every time they are updated without us knowing which rights to our data we are giving away, and which terms we are accepting that may be detrimental to us and our mental health.

We've learnt to accept that we are in their playground, they make up the rules, and if they choose to change the rules mid-game we just need to swallow it. We literally have no other choice, it's either that or desertion, which basically means walking away from everything we've built on their "public square". So, like a carefully engineered detrimental incentive structure, the more time we spend building on their turf, the more we are tied to them and conditioned to never leave them. The more we build and make them grow on our content, the more we'll lose if or when we drop out.

And even if you accept all that and choose to play along, and you do your best to create the most awesome account in the neighborhood, the random changes they make to optimize ad revenue or user attention will inevitably affect you and all your work.

If you created all your feed according to Instagram's squares but they choose to change to TikTok style dimensions due to their tech positioning battle with the Chinese giant... You swallow. If you edited your reels according to what you felt was the best 100 seconds video... Not anymore, suddenly 90 seconds is the maximum you're allowed... No appeal, no options. You Swallow. What? Seeing less of the people you actually WANT TO FOLLOW because they decided to clutter your feed with ads and suggestions, guess again: YOU SWALLOW.

AREN'T YOU FEELING FULL ENOUGH OF ALL THE SHIT THEY'VE FORCED DOWN YOUR THROAT?

Living our digital lives on these platforms feels like standing on ever changing quicksand, never endingly trying to "hack the algorithm" in order to have our content placed in front of the people who should automatically be able to see us from the moment they chose to follow us; and the worst part of it is, you never know when you may lose it all.

Let's not forget, your social media account is NOT REALLY YOURS.

Recently, a friend's social media account was hacked. She didn't know how it happened; all she knew is that she got an email from Meta saying she had acted against community guidelines and her accounts were therefore being removed (the one hacked and all those liked to her email, which meant personal and work accounts). She tried to appeal, to no avail. She hadn't done anything wrong, but suddenly her identity had disappeared from all our feeds, and her content didn't exist anywhere anymore. She lost plenty of photos she had always counted on finding on her Instagram and lost the people she followed and who followed her. It was as if she had never existed on the platform.

(Looks like a good moment to remind you to download all your valued content from the platforms you use in case something like this happens to you)

And this happened to someone who hadn't done anything "to deserve it". It has actually happened to more than one person I know, and every time they've been helpless and had no recourse, and yet, found themselves having to rebuild from scratch on the same platform that de-platformed them, because they had "no other option", and "their friends are there".

Many more people have encountered this awful wake up call, some because of a hack, like my friend, others found themselves removed because they posted content critical of the platform... there are so many reasons people have gotten de-platformed and posts have gotten deleted without warning. And every time, we accept it, as if we owe them something; as if we need to settle for this kind of abusive environment that gets rich on our content and attention without having a say in anything.

But we do have another option that flips that attention retention model completely on its head and empowers the user. That option is NOSTR, our exit from the extractive social media silos they have trapped us into.

NOSTR: The better social experience for the internet era.

NOSTR (Notes and Other Stuff Transmitted by Relays) is not a social media app, it's an Internet protocol. It's open source and many many developers around the world are creating apps on top of it and creating THE ULTIMATE SOCIAL MEDIA EXPERIENCE for users.

I first heard of NOSTR from Jack Dorsey on what used to be called Twitter, and when I joined it two years ago it was really rough around the edges, but it was FULL OF POTENTIAL and the value proposition was very clear to me from the beginning.

Firstly, YOU OWN YOUR IDENTITY, that includes your content and your follower list.

So, what does owning you identity mean? I guess many of us have thought we owned our identity before, but the reality is that the platforms owned our identities, which is why they could delete or censor us.

Owning your identity on NOSTR is empowered by encryption and cryptography. I'm not going to go into the technical part, but to explain as simply as I can, on NOSTR no platform owns your login and password to use on their playground; you can basically use any NOSTR app to create your identity to navigate it. They give you a login (npub) and password (nsec), and the magic part is that you can USE THAT IDENTITY ON ANY NOSTR APP OR WEBSITE, no need to sign up individually on each one.

Welcome to the beauty of INTEROPERABILITY.

I cannot emphasize enough what it feels like to be able to take your identity, your followers, your content and carry it from one app to the other.

On NOSTR there is a rich ecosystem of apps and websites that keep growing. We have "clients" that allow you to experience NOSTR in interfaces that could remind you of Twitter, Instagram, TikTok, Substack, Twitch, Clubhouse, Podcast apps and many more. You can find many of them on https://nostrapps.com/ .

With that information in mind, imagine you only needed one user password, your NOSTR nsec, and with that key, you could open you Instagram, or your Twitch or your Substack. And all your followers would be there, and you could choose what type of content you wanted to link to your identity for your followers to find. No longer "find link in bio", or "go to our YouTube channel", everything you post on NOSTR is tied to your identity, and you can post it all with a single set of keys that posts your content "everywhere".

And since your content is "in every client", each of YOUR FOLLOWERS CAN CHOOSE if they are more interested in experiencing your photography content "Insta-like" or if they love your "Twitter-esque" notes better. Each user navigates NOSTR with the interface they prefer.

(With great power comes great responsibility, and I feel obligated to tell you that if you ever lose your nsec, no platform is gonna be able to save you. It's like the keys to your house, unless you keep a copy safely, no one can open it for you (there are no locksmiths on NOSTR). And if you leave your keys lying around on a cloud server somewhere, someone may grab your keys, open your house and use it however they want).

The beauty of this interoperability and the fact that my keys open up my identity to all the NOSTR realms is that you don't need to settle for one client. I use 5 to 6 clients regularly everyday depending on the mood I'm in, (or the bugs that still prove this is a nascent ecosystem in development). Some I use when I want a more "Twitter-like" experience, others when I want to browse photos and others just give different algorithms to choose how to view my feed, and the best part is NO ONE CAN CLUTTER MY FEED WITH ADS. I can curate my feed however is most important to me, and each "NOSTR client" is like a different skin that customizes the way I experience the content.

However, the most important reason I started to use different NOSTR apps was that when I started, not all apps had zapping integrated. Some still don't, but most do :)

ZAPS: direct micropayments from your followers.

Zaps are tips that come directly from the people who find value in the shit that you post. They are micropayments in the form of "sats", fractions of ever-increasing in value bitcoin , and a very big reason why I'm spending less and less time on other social media accumulating valueless likes that only feed the algorithm, and more time on NOSTR interacting with humans that post valuable notes hoping the generous souls that run upon their art or creations will find them valuable enough to tip them for it.

It's crazy how the type of content you post can change when your incentive is not to feed an algo, but to give real value to other humans around the world and be your most authentic self. Where Twitter/X's algo benefited the type of incendiary content that shocked and outraged people, NOSTR's incentives benefit those who bring most value to the network and their peers.

A few sats tip may not seem much, but even if the equivalent of a small zap is merely cents, it feels a whole lot better than any like, and you can count that if the purchasing power of bitcoin continues to accrue, those value-earned tips will too. Many "nostriches" are getting tons of zaps for memes on NOSTR, valuable articles, videos or participation in zapathons .

In NOSTR is where I first heard of the concept "value for value", and the community is very adamant in making "v4v" an alternative to ad revenue driven models. Because we need to be the change we wanna see in the world.

We've heard it said that if you're not paying for the product, you are the product. And up until now that has meant we felt obliged to accept that since ads were paying the platforms, we were required to give them our attention. But the open source movement thinks we deserve better. We deserve a better Internet, like the decentralized promise we've slowly been robbed of to enrich 10 people out of the work of all of us. If they can't monetize our attention, they got nothing.

But why should they monetize it, instead of us?

Even with the glitches and bugs, NOSTR ROCKS!

The things I've grown to love most about NOSTR are:

• Not having the clutter of ads on my feed and being able to ONLY SEE WHAT I CHOOSE TO SEE.

• People who are not on NOSTR can ENJOY MY STUFF WITHOUT HAVING TO LOGIN.

• Being able to ENJOY ALL THE BENEFITS OF INTEROPERABILITY, and use many NOSTR clients that enrich my user experience knowing I own my identity and that means I'm not locked in, I can move like a bird wherever I decide.

• ZAPPING complete strangers that made me laugh, gave me a cool insight or simply made a witty comment.

• GETTING TIPPED for memes, articles, photos, videos and any "Notes and Other Stuff" that people have found valuable.

CONCLUSION: Join us on NOSTR, participate in claiming back your digital life.

If you've made it this far in my love letter to NOSTR, thank you for being interested. Curious minds is what the world needs more of <3.

NOSTR is an ecosystem that is being built in the open by relentless developers that are continuously striving to out compete each other to offer a better user experience, it's a many headed dragon that has constant upgrades and implementations which benefits us all, and as such it sometimes comes with bugs and glitches.

Building the future is always buggy and requires testers and early adopters that help shape the technology in the best way possible, especially if you wanna build outside the incentive models of the devouring giants we're trying to get away from.

Being such an open ecosystem can also be overwhelming for a newcomer, where to start? There are so many clients to experience; so here are some of my recommendations.

Please, don't feel you need to go through all of them now, start step by step. This article will always be here whenever you need it (this is not Instagram ;) ).

Creating your NOSTR identity/account with a wallet integrated to receive zaps on both Android and iOS:

• YAKIHONNE: It's a Japanese client that offers a great on-boarding experience. From the app you can create the account and enable a wallet to receive zaps. In it you can view and post short and long form content, images, videos and more. (Once you have the account created on your app, you can also visit the desktop version on https://yakihonne.com/ )

• PRIMAL: For a while it has positioned itself as a great on-boarding NOSTR client because it offers the same things as Yakihonne, has an integrated wallet, with the added benefit that you can also "buy sats/bitcoin" directly from its wallet, which can come in handy (it comes with a 15-30% premium, so only use for small amounts). It also has the desktop version at primal.net.

My favorite NOSTR iOS PHONE APPS after on-boarding, in case you wanna hop into different user experiences:

• DAMUS: created by the original creator of the "ZAP", Will Casarin, it's an iOS simple client that is reliable and fast with notifications. It keeps things simple, mostly focusing on short note content, although you can also see images and short video. But the feed is optimized as a more "Twitter-like" feed.

• NOSTUR: The iOS phone client that has it all! It's the client I've used that integrates the most of NOSTR's possibilities, you can see all of the mentioned above with the previous clients, but also view LIVE STREAMS, and have multiple accounts set up simultaneously. The enhanced capabilities can sometimes come at the cost of crashing or being slow to load.

• FREERSE: Nice clean user interface with plenty of functionality, with easy navigation on topics like #art #photography or any other interests. It's my always reliable back-up to upload image content.

• OLAS: The new kid on the block Olas client, by prolific developer Pablof7z, is trying to take on Instagram and TikTok and has developed a client mainly focused on the visual and photographic part of NOSTR.

Desktop clients & OTHER GEMS OF THE NOSTR REALM:

There is an infinite number of clients for desktop, but I usually find myself on ditto.pub or slidestr.net for a more visual experience.

• ALBY is INTEROPERABILITY'S BEST FRIEND. Alby is not a NOSTR client, but it's a browser extension that makes it seamless to jump from one desktop client to another with your wallet and identity without compromising your security.

• HIVETALK: A video call client (reminiscent of Zoom) that doesn't track you or spy on you and that enables zapping and many other functionalities during the calls.

• NOSTR NESTS: Audio spaces client that allows people to listen to conversations, chat within it and zap the people involved.

if you made it this far, THANK YOU FOR YOUR ATTENTION.

HOPE YOU FOUND VALUE IN IT AND UNDERSTOOD WHY, FOR ME, THE FUTURE OF SOCIAL MEDIA IS BRIGHT, OPEN AND USER-CENTRIC.

FUCK THE MIDDLEMEN.

@ 7bda2206:35ba1c0c

Exercise is essential for maintaining a healthy lifestyle. However, it can be challenging to stay motivated to work out regularly. One way to make exercise more fun and engaging is to turn it into a competitive experience. This can be done in a number of ways, such as setting personal goals, competing with friends and family, or joining a fitness challenge.

Set Personal Goals

One of the best ways to make your workouts more competitive is to set personal goals. This could involve setting a goal to lose a certain amount of weight, run a certain distance, or complete a certain number of workouts per week. Once you have set your goals, you can track your progress and see how you are doing. This can help you stay motivated and keep you on track.

Compete with Friends and Family

Another way to make your workouts more competitive is to compete with friends and family. This could involve challenging each other to see who can lose the most weight, run the farthest, or complete the most workouts in a week. You can also join a fitness challenge together. This can be a great way to stay motivated and have fun at the same time.

Join a Fitness Challenge

There are many fitness challenges available online and in your local community. These challenges can be a great way to stay motivated and meet new people. Some popular fitness challenges include the Couch to 5K challenge, the 30-Day Shred challenge, and the 75 Hard challenge.

Additional Tips

In addition to the tips above, there are a few other things you can do to make your workouts more competitive:

• Find a workout buddy. Having someone to work out with can help you stay motivated and accountable.
• Reward yourself for reaching your goals. This could involve buying yourself a new piece of workout gear or taking a trip to your favorite restaurant.
• Make it fun! Put on your favorite music, listen to a podcast, or watch a funny video while you work out.

By following these tips, you can turn your workouts into a fun and competitive experience. This can help you stay motivated and reach your fitness goals.

Here are some additional benefits of making your workouts competitive:

• Increased motivation: When you are competing with yourself or others, you are more likely to push yourself harder and achieve your goals.
• Improved performance: Competition can help you improve your performance and reach your full potential.
• Increased enjoyment: Making your workouts fun and competitive can help you enjoy them more.

If you are looking for a way to make your workouts more challenging and rewarding, consider turning them into a competitive experience. You may be surprised at how much you enjoy it!

In addition to the tips above, here are some other ways to make your workouts more competitive:

• Use a fitness tracker. Fitness trackers can help you track your progress and see how you are doing.
• Join a gym or fitness studio. Gyms and fitness studios often offer classes and challenges that can help you stay motivated.
• Find a workout buddy. Having someone to work out with can help you stay motivated and accountable.
• Reward yourself for reaching your goals. This could involve buying yourself a new piece of workout gear or taking a trip to your favorite restaurant.
• Make it fun! Put on your favorite music, listen to a podcast, or watch a funny video while you work out.

@ d360efec:14907b5f

$OKX:BTCUSDT.P

Overall Assessment:

Bitcoin (BTCUSDT) on OKX continues to exhibit high volatility and an uncertain trend. While the long-term trend (Daily chart) is technically still an uptrend, it has weakened considerably. The 4-hour and 15-minute charts are in downtrends, creating conflicting signals. This analysis focuses on identifying potential areas of Smart Money activity (liquidity pools and order blocks), assessing trend strength, and identifying any relevant chart patterns.

Detailed Analysis by Timeframe:

(1) TF Day (Daily):

• Trend: Uptrend (Significantly Weakening, High Risk of Reversal).
• SMC (Smart Money Concepts):
  • The Higher Highs (HH) and Higher Lows (HL) structure is becoming less defined. The recent price action has broken a previous low.
  • Prior Breaks of Structure (BOS) to the upside, but the current pullback is very deep.
  • Liquidity:
    • Sellside Liquidity (SSL): Significant SSL rests below previous lows in the 85,000 - 90,000 range. This is a likely target for Smart Money.
    • Buyside Liquidity (BSL): BSL is present above the all-time high.
• ICT (Inner Circle Trader Concepts):
  • Order Block: The price has broken below the prior bullish Order Block (the large green candle before a significant up-move). This is a major bearish signal.
  • FVG: No clear, significant Fair Value Gap is apparent at the current price level on the Daily chart.
• EMA (Exponential Moving Average):
  • Price has broken below the 50-period EMA (yellow), a bearish signal.
  • The 200-period EMA (white) is the next major support level.
• Money Flow (LuxAlgo):
  • A long red bar indicates strong and sustained selling pressure.
• Trend Strength (AlgoAlpha):
  • Red cloud indicates a downtrend. No buy/sell signals are present.
• Chart Patterns: No readily identifiable, classic chart patterns are apparent on the Daily chart.
• Volume Profile: Relatively low volume on the decline.
• Candlesticks: The most recent candlestick is red, confirming selling pressure.
• Support: EMA 200, 85,000-90,000 (SSL area).
• Resistance: EMA 50, Previous All-Time High.
• Summary: The Daily chart's uptrend is significantly weakening. The break below the 50 EMA and the bullish Order Block, combined with the negative Money Flow and bearish Trend Strength, are all major red flags. The SSL below is a key area to watch.

(2) TF4H (4-Hour):

• Trend: Downtrend.
• SMC:
  • Lower Highs (LH) and Lower Lows (LL).
  • BOS to the downside.
  • Liquidity:
    • SSL: Below previous lows.
    • BSL: Above previous highs.
• ICT:
  • Order Block: The price failed to break above a bearish Order Block.
• EMA:
  • Price is below both the 50-period and 200-period EMAs (bearish).
• Money Flow (LuxAlgo):
  • Predominantly red, confirming selling pressure.
• Trend Strength (AlgoAlpha):
  • Red, indicating no particular trend or a sideways movement. No buy/sell signals.
• Chart Patterns: No readily identifiable, classic chart patterns are apparent.
• Volume Profile: Relatively consistent volume.
• Support: Recent lows.
• Resistance: EMA 50, EMA 200, Order Block.
• Summary: The 4-hour chart is in a confirmed downtrend. The Money Flow is bearish, price below both EMAs.

(3) TF15 (15-Minute):

• Trend: Downtrend / Sideways Down
• SMC:
  • Lower Highs (LH) and Lower Lows (LL).
  • BOS to the downside.
• ICT:
• Order Block Price could not break up the bearish Order Block.
• EMA:
  • The 50-period and 200-period EMAs are acting as resistance.
• Money Flow (LuxAlgo):
  • Red and Green
• Trend Strength (AlgoAlpha):
  • Red cloud (Bearish)
• Chart Patterns: No readily identifiable, classic chart patterns are apparent.
• Volume Profile
  • Relatively high volume.
• Support: Recent lows.
• Resistance: EMA 50, EMA 200, Order Block.
• Summary: The 15-minute chart is in a downtrend, with price action, EMAs, and Money Flow all confirming.

Overall Strategy and Recommendations (BTCUSDT):

• Primary Trend (Day): Uptrend (Significantly Weakening).
• Secondary Trend (4H): Downtrend.
• Short-Term Trend (15m): Downtrend/ Sideways Down.
• Liquidity: Significant SSL zones exist below the current price on all timeframes.
• Money Flow: Negative on all timeframes.
• Trend Strength: Bearish on 15m and Day, Sideway on 4H.

• Chart Patterns: None identified.

• Strategies:

  1. Wait & See (Best Option): The conflicting signals and the strong bearish momentum on the shorter timeframes, combined with the weakening Daily chart, make waiting the most prudent approach. Look for:

     • Bearish Confirmation: A decisive break below the recent lows on the 15m and 4H charts, with increasing volume and continued negative Money Flow. This would confirm the continuation of the downtrend.
     • Bullish Confirmation: A strong, sustained break above the 15/4H EMAs and Order Block, a shift in the 15m/4H Money Flow to green.

  2. Short (High Risk): This aligns with the 4H and 15m downtrends.

     • Entry: On rallies towards resistance levels (EMAs on 15m/4H, previous support levels that have turned into resistance, Order Blocks).
     • Stop Loss: Above recent highs on the chosen timeframe, or above a key resistance level.
     • Target: The next support levels (recent lows on 15m, then potentially the SSL zones on the 4H and Daily charts).

  3. Buy (Extremely High Risk - Not Recommended): Do not attempt to buy until there are very strong and consistent bullish reversal signals across all timeframes, including a definitive shift in market structure on the 4H and 15m charts, positive Money Flow, and a clear break above resistance levels.

Key Recommendations:

• Conflicting Timeframes: The primary conflict is now resolved toward the downside. The Daily is weakening significantly.
• Money Flow: Consistently negative across all timeframes, a major bearish factor.
• Trend Strength: Bearish on 15m and Day, Sideways on 4h.
• Daily Order Block: The break of the bullish Order Block on the Daily chart is a significant bearish development.
• Sellside Liquidity (SSL): Be aware that Smart Money may target the SSL zones below. This increases the risk of stop-loss hunting.
• Risk Management: Due to the high uncertainty and volatility, strict risk management is absolutely critical. Use tight stop-losses, do not overtrade, and be prepared for rapid price swings.
• Volume: Confirm any breakout or breakdown with volume.

Day Trading and Intraday Trading Strategies:

• Day Trade (TF15 focus):

  • Short Bias: Given the current 15m downtrend and negative Money Flow, the higher probability is to look for shorting opportunities.
    • Entry: Look for price to rally to resistance levels (EMAs, Order Blocks, previous support levels that have become resistance) and then show signs of rejection (bearish candlestick patterns, increasing volume on the downside).
    • Stop Loss: Place a stop-loss order above the resistance level where you enter the short position.
    • Take Profit: Target the next support level (recent lows).
    • Avoid Long positions until there's a clear and confirmed bullish reversal on the 15m chart (break above EMAs, positive Money Flow, bullish market structure).

• Swing Trade (TF4H focus):

  • Short Bias: The 4H chart is in a downtrend.
    • Entry: Wait for price to rally to resistance levels (EMAs, Order Blocks) and show signs of rejection.
    • Stop Loss: Above the resistance level where you enter the short position.
    • Take Profit: Target the next support levels (e.g., the 200 EMA on the Daily chart, SSL zones).
    • Avoid Long positions until there's a clear and confirmed bullish reversal on the 4H chart.

SMC Day Trade Setup Example (TF15 - Bearish):

1. Identify Bearish Order Block: Locate a bearish Order Block on the TF15 chart (a bullish candle before a strong downward move).
2. Wait for Pullback: Wait for the price to pull back up to test the Order Block (this may or may not happen).
3. Bearish Entry:
   • Rejection: Look for price action to reject the Order Block (e.g., a pin bar, engulfing pattern, or other bearish candlestick pattern).
   • Break of Structure: Look for a break of a minor support level on a lower timeframe (e.g., 1-minute or 5-minute) after the price tests the Order Block. This confirms weakening bullish momentum.
   • Money Flow: Confirm that Money Flow remains negative (red).
4. Stop Loss: Place a stop-loss order above the Order Block.
5. Take Profit: Target the next support level (e.g., recent lows) or a bullish Order Block on a higher timeframe.

In conclusion, BTCUSDT is currently in a high-risk, bearish environment in the short-to-medium term. The "Wait & See" approach is strongly recommended for most traders. Shorting is the higher-probability trade at this moment, but only for experienced traders who can manage risk extremely effectively. Buying is not recommended at this time.

Disclaimer: This analysis is for informational purposes only and represents a personal opinion. It is not financial advice. Investing in cryptocurrencies involves significant risk. Investors should conduct their own research and exercise due diligence before making any investment decisions.

@ f6488c62:c929299d

การที่สหรัฐอเมริกาปรับมูลค่าทองคำในคลัง (re-peg) จะมีผลกระทบที่สำคัญต่อทั้งระบบการเงินโลกและบิทคอยน์ ด้วยเหตุผลต่างๆ ที่อาจเกิดขึ้นดังนี้:

ทองคำในฐานะสินทรัพย์เก็บมูลค่า: หากสหรัฐอเมริกาปรับราคาทองคำจาก 42 ดอลลาร์ต่อออนซ์เป็นราคาปัจจุบันที่สูงถึง 2,953.5 ดอลลาร์ต่อออนซ์ การปรับนี้จะทำให้ทองคำได้รับความนิยมและมีมูลค่าเพิ่มขึ้นอย่างมากในมุมมองของนักลงทุนทั่วโลก ส่งผลให้ทองคำมีบทบาทสำคัญขึ้นในระบบการเงิน อีกทั้งยังเป็นทางเลือกการลงทุนที่น่าสนใจมากขึ้นในฐานะ "safe haven" หรือสินทรัพย์ที่ปลอดภัย.

ผลกระทบต่อตลาดดอลลาร์สหรัฐ: การประเมินมูลค่าทองคำใหม่จะทำให้ค่าเงินดอลลาร์อ่อนค่าลง เนื่องจากทองคำถูกมองว่าเป็นตัวบ่งชี้ความมั่งคั่งและเสถียรภาพทางการเงิน การอ่อนค่าของดอลลาร์อาจส่งผลให้บิทคอยน์เป็นที่น่าสนใจมากขึ้นในฐานะสินทรัพย์ที่ไม่ขึ้นกับเงินดอลลาร์และธนาคารกลางใด ๆ.

การเติบโตของบิทคอยน์: เมื่อระบบการเงินดั้งเดิม (เช่น ดอลลาร์สหรัฐ) เริ่มสั่นคลอนหรือลดความน่าเชื่อถือ บิทคอยน์ซึ่งเป็นสินทรัพย์ดิจิทัลที่ไม่ขึ้นกับรัฐบาลหรือธนาคารกลางก็จะได้รับความสนใจมากขึ้นจากนักลงทุนที่ต้องการหลีกเลี่ยงความเสี่ยงในระบบการเงินแบบดั้งเดิม นอกจากนี้บิทคอยน์ยังถือเป็นสินทรัพย์ที่มีการจำกัดจำนวน (21 ล้าน BTC) ซึ่งถือว่าเป็นการป้องกันภาวะเงินเฟ้อที่มักจะเกิดขึ้นจากการพิมพ์เงินจำนวนมากโดยธนาคารกลาง.

การปรับตัวของประเทศอื่นๆ: หากสหรัฐฯ ปรับมูลค่าทองคำใหม่ ประเทศอื่นๆ อาจจำเป็นต้องปรับเปลี่ยนมูลค่าทองคำของตนเองเพื่อตอบสนองต่อการเปลี่ยนแปลงนี้ และอาจเห็นการเคลื่อนไหวในการสนับสนุนสินทรัพย์ดิจิทัลอย่างบิทคอยน์มากขึ้นเพื่อกระจายความเสี่ยงจากการพึ่งพาระบบการเงินดอลลาร์สหรัฐ.

สรุปได้ว่า หากการปรับมูลค่าทองคำของสหรัฐเป็นจริง การเคลื่อนไหวนี้อาจเป็นตัวกระตุ้นให้บิทคอยน์เติบโตขึ้น เนื่องจากนักลงทุนมองหาทางเลือกที่ปลอดภัยจากความไม่แน่นอนในระบบการเงินดั้งเดิม และเพิ่มการยอมรับในสินทรัพย์ดิจิทัลมากขึ้น.

@ 16d11430:61640947

The AI Landscape is About to Change—Forever.

Forget everything you know about artificial intelligence. The reign of Large Language Models (LLMs) is coming to an end. The next tectonic shift in AI isn't just about bigger neural networks or more training data. It’s about an entirely new foundation—one that shatters the limits of probabilistic machine learning and ushers in the era of Elliptical AI.

This isn’t just an improvement. This is the AI singularity you've been waiting for.

---

The Problem with LLMs: A House Built on Sand

LLMs like GPT, Claude, and Gemini have taken the world by storm, but let’s be honest—they are flawed. Their intelligence is statistical mimicry rather than true reasoning. They:

Hallucinate facts and generate nonsense.

Consume absurd amounts of energy for marginal improvements.

Are vulnerable to adversarial attacks, leaking sensitive data with ease.

Lack true reasoning abilities, blindly regurgitating patterns rather than engaging in structured logic.

LLMs pretend to understand. They pretend to think. But intelligence built on probability alone is fundamentally weak.

This is where Elliptical AI steps in to end the era of LLM dominance.

---

What is Elliptical AI? The Birth of the Next Evolution in Intelligence

Imagine an AI that isn’t just predicting words but reasoning geometrically—one that encodes intelligence using elliptic curves instead of bloated statistical models.

Elliptical AI harnesses the power of elliptic curve mathematics, which has been dominating cryptography and quantum security for years. But now, this mathematical powerhouse is ready to redefine AI itself.

How Elliptical AI Works

1. Beyond Probabilities—Into Pure Geometry

Instead of mapping words to probabilities, Elliptical AI maps thought patterns into elliptic curve structures.

This enables structured, deterministic reasoning, not just blind pattern recognition.

1. High-Efficiency Intelligence

Elliptic curves are the foundation of modern cryptography because they compress vast amounts of data into small, ultra-secure representations.

Instead of needing trillions of parameters like LLMs, Elliptical AI could represent entire knowledge domains with extreme efficiency.

1. Quantum-Resistant AI That Cannot Be Hacked

Today’s AI models can be easily manipulated, but Elliptical AI integrates quantum-secure cryptographic principles.

Impossible to hack, impossible to corrupt—this is the ultimate secure AI.

1. Mathematical Superintelligence

LLMs struggle with math. Why? Because math isn’t just statistical—it’s structured logic.

Elliptical AI is built on the same mathematical foundations that structure encryption, physics, and even the fabric of space-time.

Expect an AI that doesn’t just “approximate” answers—it deduces them.

---

Elliptical AI vs. LLMs: A Destruction-Level Event

This isn’t just an upgrade. This is an AI extinction-level event.

---

Where Elliptical AI Will Dominate First

1. Military-Grade AI Security

No more LLMs leaking sensitive data.

Quantum-proof intelligence agents that cannot be backdoored.

Military systems that think faster, act decisively, and remain 100% secure.

1. Financial and Algorithmic Trading

LLMs hallucinate too much to handle high-risk finance.

Elliptical AI’s ultra-efficient encryption-based intelligence can execute perfect trades with zero data leakage.

1. Brain-Computer Interfaces (BCI) & Neural Cryptography

Instead of reading neural signals as raw data, Elliptical AI can encode thought patterns into elliptic curves.

A literal mind-machine fusion—where security, efficiency, and intelligence align.

1. Decentralized AI Networks

LLMs require Google, OpenAI, or Microsoft servers.

Elliptical AI can run securely on decentralized nodes, protected by its own cryptographic intelligence.

No censorship. No control. Just pure, free AI.

1. The New Era of Scientific Discovery

From quantum physics to mathematical proofs, Elliptical AI isn’t just a chatbot—it’s a reasoning engine.

Expect AI to make scientific breakthroughs, not just summarize Wikipedia.

---

The AI Wars Are Coming—And Elliptical AI Will Win

The current AI market is built on fragile foundations. LLMs have served their purpose, but they are a dead end.

Elliptical AI isn’t just the next step—it’s the AI that will make everything else obsolete.

🔹 No more hallucinations. 🔹 No more data leaks. 🔹 No more inefficient, bloated models. 🔹 Just pure, geometric intelligence—unbreakable, unhackable, unstoppable.

The future doesn’t belong to language models. It belongs to elliptic curves, quantum intelligence, and secure, deterministic reasoning.

Welcome to the Elliptical AI revolution.

Are you ready for what comes next?

@ d57360cb:4fe7d935

The moments and events that leave you lost. Shook. In Disbelief.

Those are the moments you need most. They unlock something dormant in you. Feelings you didn't think imaginable. Journeys you thought unlikely to happen.

Paths and roads filled with ups and downs. Uncertainties, roadblocks, long distances of absolutely nothing in sight. Periods of turmoil and absolute stillness.

Don't mistake where you are for the finale.

Embrace life, it gives you character.

@ 8bad797a:8461b4bc

This time from a laptop computer via Highlighter, from which the Merry Frankster can post long form content. Be afraid. Be very afraid.

@ 0b118e40:4edc09cb

Are we living in his definition of democracy?

It’s interesting how political parties can divide a country, especially in democracies where both oppression and individual choice coexist.

As I was exploring global economics and political ideologies, I picked up The Republic by Plato (again). The first time I read it, I only read the book on the Allegory of the Cave and it felt enlightening. This time around, I read through all the books and I thought to myself : this is absolutely nuts!

Over 2,000 years ago, The Republic imagined a world disturbingly similar to Gattaca or 1984. For a quick rundown, Plato believed in a police state, eugenics, a caste system, and brainwashing people through state-controlled media and education. Sounds wild? I thought so too.

And for some reason, Plato had a serious grudge against art. To him, art was deceptive and emotionally manipulative. Maybe because there was a skit making fun of Socrates at that time by Aristophanes (the father of comedy) or maybe because he struggled to deal with emotions, we will never know.

Plato obviously wasn’t a fan of democracy as he wanted a dystopian world. But to be fair, he genuinely thought that his ideal world (Kallipolis) was a utopia. Maybe someone who loves extreme order and control might think the same but I sure don’t.

His teacher Socrates was also not a fan of democracy because he believed the mass majority were too ignorant to govern and only those intelligent enough could. His student, Aristotle, was more moderate but still critical, seeing democracy as vulnerable to corruption and mob rule. Socrates, Plato, and Aristotle were around the Classical Greek era, 5th to 4th century BC.

The idea of democracy existed long before them. The first recorded version was in Athens during the 6th BC, developed by leaders like Solon and Pericles. It was a direct democracy where free male citizens (non-slaves) could vote on laws themselves instead of electing representatives.

These guys influenced how we think about democracy today. But looking around, I wonder, did we end up in Plato’s dystopian world?

Plato’s take on democracy

Plato’s lack of trust of democracy stemmed from Socrates’ death. Socrates himself was a fierce critic of democracy, as he believed governance should be based on wisdom rather than popularity.

Other thinkers, like Pythagoras and Herodotus (father of history), also examined different political systems, but Socrates was the most influential critic. He warned that allowing the uneducated masses to choose leaders would lead to poor governance, as they could be easily swayed by persuasive speakers rather than guided by knowledge.

Athenian democracy relied on large citizen juries and was particularly vulnerable to rhetoric and public sentiment.

In the end, Socrates became a victim of the very system he criticized. His relentless questioning of widely accepted beliefs, now known as the Socratic Method, earned him powerful enemies. Socrates’ constant probing forced them to confront uncomfortable truths. It annoyed people so much, that it eventually led to his trial and execution. Socrates was condemned to death by popular vote.

I wonder, if we applied the Socratic Method today to challenge both the left and the right on the merits of the opposing side, would they be open to expanding their perspectives, or would they react with the same hostility?

This questioning technique is now also used in some schools and universities as a teaching method, encouraging open-ended discussion where students contribute their own thoughts rather than passively receiving information. But how open a school, system, or educator is to broad perspectives depends largely on their own biases and beliefs. Even with open-ended questions, the direction of the conversation can be shaped by those in charge, potentially limiting the range of perspectives explored.

Socrates’ brutal death deeply grounded Plato’s belief that democracy, without intellectual rigor, was nothing but a mob rule. He saw it as a system doomed to chaos, where the unqualified, driven by emotion or manipulated by rhetoric, made decisions that ultimately paved the way for tyranny.

The Republic

The Republic was written around 375 BC, after the Peloponnesian War. One of its most famous sections is the Allegory of the Cave, where prisoners are stuck watching shadows on a wall, thinking that it’s reality until one breaks free and sees the real world. That’s when the person becomes enlightened, using knowledge and reason to escape ignorance. They return to free others, spreading the truth. I love this idea of breaking free from suppression through knowledge and awareness.

But as I went deeper into Plato’s work, I realized what the plot twist was.

Plato wrote this book for strict state control. He wanted total control over education, media, and even families like in the book 1984. He argued that people should be sorted into a caste system, typically workers, warriors, and philosopher-kings so that society runs like a well-oiled machine. The “guardians” would police the state and everyone would go through physical and military training. To top it off, kids would be taken away from their parents and raised by the state for the “greater good.” like in the movie Gattaca. If that sounds a little too Orwellian, that’s because it is.

Plato believed that only philosophers, the truly enlightened ones from that “cave”, should rule. To him, democracy was a joke, a breeding ground for corruption and tyranny.

I found it completely ironic that this book that warns about brainwashing in the Allegory of the Cave also pushes for a state-controlled society, where thinking for yourself isn’t really an option.

And yet, looking around today, I wonder, are we really any different? We live in a world where oppression and enlightenment exist side by side.

Plato was slightly progressive in that he thought men and women should have equal education, but only for the ruling Guardian class.

In The Republic, Plato didn’t focus much on economics or capitalism as we understand them today. His philosophies were more concerned with justice, governance, and the ideal structure of society. He did touch on wealth and property, particularly in The Republic and Laws but it was more on being against wealth accumulation by rulers (philosopher-kings had to live communally and without private property).

While these ideas echo elements of socialism, he never outlined a full economic system like capitalism or socialism.

The hatred for art

Plato was deeply skeptical of art. He believed that it appealed to emotions over rational thought and distorted reality. In The Republic (Book X), he argued that art is an imitation of an imitation, pulling people further from the truth. If he had his way, much of modern entertainment, including poetry, drama, and even certain types of music, would not exist in their expressive forms.

Despite Plato’s distrust of the arts, his time was a golden age for Greek drama, sculpture, and philosophy. Ironically, the very city where he built his Academy, Athens, was flourishing with the kind of creativity he wanted to censor.

Even medicine, which thrived under Hippocrates (the father of medicine), was considered an art requiring lifelong mastery. His quote, ‘Life is short, and art is long,’ reflects the long span of time it takes to cultivate and appreciate knowledge and skills, which was something Plato valued. Yet, he dismissed most art as a distraction from truth.

Plato particularly criticized poets and playwrights like Homer, as he claimed they spread false ideas about gods and morality. He was also wary of Aristophanes, as he believed his work stirred emotions rather than encouraging rational thought. It probably did not help that Aristophanes mocked Socrates in his play The Clouds, which may have influenced Plato’s views.

What’s clear is that Plato didn’t hate art because he didn’t understand it. He deeply understood the power of storytelling and its ability to mold societal beliefs. He argued for banning poets entirely from his “ideal city” to prevent them from misleading the public.

But he did value some forms of art. After all, he was a writer himself, and writing is a form of art. He approved of artistic expressions that promoted moral and intellectual virtue, such as hymns, architecture, and patriotic poetry, as long as they served the greater purpose of instilling order and wisdom in society.

Plato’s five regimes

Plato believed governments naturally decay over time, moving from order to chaos. He outlined five regimes, which he considers each to be worse than the last.

1. Aristocracy (Philosopher-King rule) : This is his pitch, the ideal state, ruled by wise elites who value knowledge over power. Some aspects of modern authoritarian states echo this model

2. Timocracy (Military rule) : A government driven by honor and discipline, like Sparta. Over time, ambition overtakes virtue, leading to oligarchy.

3. Oligarchy (Rule by the wealthy) : The rich seizes power and deepens inequality. Many democracies today show oligarchic tendencies, where money dominates politics.

4. Democracy (Rule by the masses) : The people overthrow the elites, prioritizing freedom over order. But without stability, democracy becomes fragile, and vulnerable to demagogues and external manipulation.

5. Tyranny (Dictatorship) : When democracy collapses, a charismatic leader rises, promising order but seizing absolute power. What begins as freedom ends in oppression.

Modern politics seems stuck in a cycle, shifting between democracy, oligarchy, and authoritarian control. If Plato was right, no system is permanent and only the illusion of stability remains.

Does Plato’s ideal state exist in any country today?

Some aspects of modern benevolent dictatorships, like Singapore under Lee Kuan Yew, or socialist states like China, may resemble Plato’s vision in their emphasis on elite rule, long-term planning, and state control. But, these governments operate pragmatically, balancing governance with economic power, political strategy, and public influence rather than strictly adhering to philosophical ideals.

Could this be compared to Taliban rule, given the censorship, authoritarian control, and rigid social hierarchy? While there are superficial similarities, the key difference is that Plato valued knowledge, reason, and meritocracy, while the Taliban enforced religious fundamentalism and theocratic rule. Plato’s Kallipolis also included some level of gender equality for the ruling class, whereas the Taliban’s system is heavily restrictive, especially toward women.

While Plato’s ideas echo in certain authoritarian-leaning states, his rigid caste system, philosopher-led governance, and rejection of democracy set his vision apart from any modern political system.

Aristotle’s take on democracy

Aristotle wasn’t Athenian, but he documented and analyzed 158 constitutions, including Athenian democracy. He studied at Plato’s Academy for over 20 years, growing up in a world influenced by Athens’ democratic experiment. He lived through the tail end of Athens’ golden age, witnessed its decline, and experienced how different forms of rule influenced politics and the mindset of the people under them.

For Aristotle, governments were good or corrupted. The good ones were monarchs, aristocracy (wise elites), and polity (a constitutional gov’t where the middle class keeps power balanced). The corrupted ones were tyranny (monarchy gone wrong), oligarchy, and democracy.

Aristotle saw how democracy, if unchecked, could spiral into chaos or be co-opted by populist leaders. But unlike Plato, who rejected democracy outright, Aristotle believed it could work if properly structured.

His concept of ‘polity’ was a constitutional government that balanced democratic participation with stability, relying on a strong middle class to prevent both mob rule and elite domination. This idea of checks and balances, a mixed government, and middle-class stability make polity the closest to modern constitutional democracies today when compared to all 3 of the Greek philosophers.

What happened after Athens?

Of course, democracy didn’t end with Athens, it evolved over time. After Athens’ golden age came Alexander the Great (Aristotle’s student and the king of Macedonia). He conquered Greece, Persia, Egypt, and part of India, creating the largest empire of his time. After his death in 323 BCE, his empire split among his generals, marking the beginning of the Hellenistic period.

Rome saw a shift from the fall of the Roman Republic to the rise of the Roman Empire under Augustus moving away from democratic ideals to centralized rule. But the Western Roman Empire fell about 500 years later largely due to internal decline and invasions by the Germanic Tribes (modern-day Sweden, Switzerland, Germany). The Eastern Roman Empire (Byzantine Empire, based in Constantinople or modern-day Turkey) rose and survived for nearly 1,000 more years until it fell to the Ottoman Turks in 1453.

During the Medieval period (5th–15th century), Europe saw a rise in monarchies and feudalism. Power shifted to kings, nobles, and the church, with little direct participation from ordinary people. Some democratic elements survived in places like Venice and Florence, where wealthy merchant families controlled city-states.

By the 17th century, democracy started creeping back into political thought, though not without skepticism. Machiavelli and Hobbes weren’t exactly fans of democracy, but they had plenty to say about power and governance. Later on Machiavelli hinted on the possible idea of a republic/mixed government in the *Discourses of Livy *

Meanwhile, England was going through its own struggles with power. The English Civil War (1642–1651) was a showdown between King Charles I, who wanted absolute power, and Parliament, which wanted more influence. Charles ignored Parliament and was executed in 1649. England briefly became a republic under Oliver Cromwell, but the monarchy returned after his death.

In 1688, the Glorious Revolution forced King James II (Charles I’s son) to flee to France. Parliament then invited William of Orange (a Dutch Protestant) and his wife Mary to take the throne. In 1689, they signed the English Bill of Rights, which limited the monarchy’s power, strengthened Parliament, and guaranteed certain rights to citizens.

This was a significant moment in history as it effectively ended the absolute monarchy and established a constitutional monarchy in England.

The American Revolution in 1776 and the French Revolution in 1789 pushed democratic ideals forward but still excluded women, slaves, and the poor. Historian Luciano Canfora, in his book Democracy in Europe, argues that early liberal democracy was full of contradictions as it preached equality, yet economic and social exclusion remained.

(Note: If you want to understand the history of anarchism, the French Revolution is a key starting point. It influenced early anti-authoritarian thought, which later evolved into socialist and anti-capitalist movements. Over time, libertarians adopted anarchist principles, leading to the development of anarcho-capitalism. The concept of anarchism in politics has taken nearly two centuries to emerge in its modern form).

The 19th and 20th centuries saw the expansion of democracy. But as Canfora explains it, it also saw its exploitation and manipulation. Although industrialization and social movements pushed for broader suffrage, democracy remained controlled by elites who feared true mass participation. Democracy became a tool for maintaining power rather than a true expression of the people’s will.

According to Canfora, the Cold War turned democracy into a geopolitical tool, with Western powers supporting or opposing democratic movements based on strategic interests rather than principles.

Today, there are many versions of democracy from direct democracy to representative democracy, presidential democracy, social democracy, religious democracy, constitutional democracy, communist democracy, and more. And is often viewed as a brand name for “good governance”. But are they?

In the end, was Plato right?

At a meta level, Plato’s argument was about control, be it controlling what people read, hear, and even think. The debate often centers on curated knowledge vs rhetoric. Plato believed that absolute obedience would bring harmony, even at the cost of individuality. Today, we call that totalitarian or dictatorship

But when we take a second look at things, are we already living in Plato’s world?

Governments across the globe control education, influence media narratives, and regulate speech. Many so-called democracies aren’t as free as they claim to be. So maybe Plato’s influence on modern democracies runs deeper than we realize.

Another key debate today is that, unlike Plato’s time, most people are educated. However, much of this education is still designed by state systems, which can influence how people think and vote. How do we balance empowering people through education while ensuring true independence in a system built on critical thinking rather than one that merely feeds information?

Truth is, democracy has never been a pure, people-driven system. It has always been influenced by power struggles, wealth, and manipulation. Often it has been an instrument of control rather than liberation.

Yet, the people have always resisted. In the past, they gathered in the streets, risking tear gas, rubber bullets or being dragged into Black Marias. Today, digital activism has allowed for mass mobilization with fewer risks. In many countries especially in third-world countries, online movements on platforms like Twitter during Jack’s time, forced governments to overturn policies. This may be the closest we've come to real democracy which is direct action without the usual state violence.

But with this rise in digital activism comes the counterforce through government and corporate requirements for censorship, algorithmic manipulation, and the quiet steering of public discourse. Platforms once seen as tools of liberation can become tools of control. Facebook mood experiment in 2012 tested positive and negative content on 700,000 people and proved emotions can be manipulated at scale. Cambridge Analytica was exposed in its attempt to manipulate votes.

This is where decentralized networks like Nostr matter as a fundamental resistance to centralized control over speech. If democracy is to return to the people, it must also break free from algorithmic gatekeepers and censorship.

Because the so-called ‘ignorant masses’, the very people Plato dismissed, are the ones who fight for freedom.

Because real democracy isn’t about control.

It’s about freedom.

It’s about choice.

It’s about the people, always.

@ da0b9bc3:4e30a4a9

Hello Stackers!

Welcome on into the ~Music Corner of the Saloon!

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

So stay a while and listen.

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

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

originally posted at https://stacker.news/items/895451

@ f3873798:24b3f2f3

A liberdade de expressão e a descentralização do poder estão intimamente ligadas ao avanço do pensamento humano e à construção de uma sociedade mais justa e consciente. A evolução da compreensão sobre o certo e o errado surge da comunicação, da observação empírica e da análise das consequências de ações passadas.

Para que haja uma aproximação real com a verdade e uma relação equilibrada entre a razão da vida e o convívio com o poder, é essencial garantir a liberdade de expressão. Somente por meio do livre debate de ideias é possível avaliar as diversas perspectivas, identificar erros e aprender com eles.

Embora a maioria das pessoas busque o aprendizado e a compreensão do que é correto, o apego cego a uma ideia evidentemente equivocada pode fazer com que percam o real propósito da busca pela verdade. Em vez de refletirem criticamente, muitos acabam apenas defendendo um erro pelo simples fato de se identificarem com ele.

Esse é um dos motivos pelos quais a censura tem se tornado uma ferramenta tão temida e contestada. Ilude-se quem acredita que a censura existe apenas para combater crimes e golpes. Na realidade, quanto maior a censura, mais favorecidos são aqueles que desejam ocultar informações, tornando ainda mais difícil a identificação e o combate a abusos.

Nos países livres, onde a liberdade de expressão é respeitada, há maior autonomia nas decisões políticas e um engajamento mais ativo da população. A participação cidadã fortalece o controle do povo sobre as influências que moldam o convívio social, garantindo que o poder não fique concentrado nas mãos de poucos, mas distribuído de forma mais democrática e justa.

@ 78a31758:2e5c81d2

This long-form article should have an image of a cat shown somewhere with the title.

@ a1c19849:daacbb52

Details

• ⏲️ Prep time: 20 min
• 🍳 Cook time: 4 hours

Ingredients

• 1kg of chicken thighs
• 3 large onions
• 1 tablespoon garlic powder
• 2 tablespoons brown sugar
• 1.5 dl Ketjap Medja
• 0.5 liter chicken broth
• Pepper
• Salt
• Nutmeg

Directions

1. Cut the onions and sauté them
2. Add the chicken thighs in pieces and bake for a few minutes
3. Add the garlic powder and the brown sugar and bake for a short time
4. Add the ketjap media and the chicken broth
5. Add some salt and pepper and nutmeg and let it simmer for 3 to 4 hours
6. Make sure all the moist evaporates but make sure it doesn’t get too dry. Otherwise add some extra chicken broth
7. Bon appetit!

@ 88d8c9d1:5b3ac02b

This article was first published on Bitcoin Magazine at Aug 27, 2024.

In the rapidly expanding global Bitcoin community, Western biases often dominate the narrative, overlooking diverse stories from around the world. One such story belongs to Didier Somnuke, a small business owner in the heart of Bangkok, a city known for welcoming 22.8 million international tourists in 2023, surpassing cities like Paris, London, and New York City. Although Thailand has experienced a massive spike in household debt, reaching 16.37 trillion baht (US$463 billion) or 90.8% of the national GDP, up from less than 14 trillion baht in 2019.

[primal.net/p/npub1xzh2kqynr29x6j3ln6x05f26ha0c0ucfr280uzljftlgcthv9r6skqe7dt] aka Didier Somnuke, born in Yala province, where geopolitical conflict is a harsh reality. Southern Thailand is one of the poorest parts of Thailand with a poverty rate of 34% compared to the national average of 6%, according to the World Bank, has been plagued by instability. Since 2004, this turmoil has claimed over 7,000 lives and injured 13,500 people.

As a Thai saying goes, “ทวงสิทธิ์ที่จะมีชีวิตที่ดีกลับคืนมา” (Reclaim the right to a better life), In 2012, Didier left his conflict-ridden hometown for Bangkok, where pursuing higher education was a beacon of hope for a better life. At that time, Bitcoin and financial concepts were distant ideas in Didier's universe. Navigating the vibrant streets of Bangkok, Didier completed his master's degree and joined the workforce, taking up a typical 9-to-5 job. For a domestic migrant, this was a significant achievement. Reflecting on his journey, he recalled his teacher’s words, “When you are old, you have time and money, but you will lack the energy to start a business. If you want to do it, just do it.” With this advice in mind, Didier resigned from his monotonous corporate job after a year and opened a new chapter in his life.

Didier borrowed 50,000 THB (approximately 1,500 USD) from his brother to begin a street burger shop. He chose to start a burger business because he believed it was easy to launch with a small investment. Driven by his ambition and inspired by the bustling energy of Bangkok, a city that never sleeps. He spent about a year developing the recipe and began the business in 2015. In the first three to four years, he managed everything on his own as a solo entrepreneur, and his income was lower than the wage he earned in his corporate job. He often wondered if he had made a mistake by quitting his job to start a business that generated less income. However, after five years, everything started to improve. Sales at the shop began to increase, and Didier started hiring employees.

He admitted, "I entered the crypto market with greed; all I wanted was to get rich quickly." In 2017, he and his friends pooled their resources to buy three ASIC miners from Bitmain to try mining Bitcoin and altcoins like Litecoin and Dogecoin. They saw a return on their investment within six months. Didier bought his first Bitcoin in early 2017 to purchase those ASIC miners but didn't know how to transfer his Bitcoin, so he ended up using a bank transfer instead.

Reflecting on his early experiences, he recalled, "My first Bitcoin were slowly converted to shitcoins during the bull market. I was so lucky. I got a 100% profit almost immediately whenever I bought something." Despite having zero knowledge about cryptocurrency, he gained confidence and became a super shitcoiner, paying very little attention to Bitcoin.

In mid-2017, he learned about leverage and trading. His profits skyrocketed due to leverage. Although luck was not always on his side forever, in early 2018, the market crashed, and he lost over 1 million Thai baht (almost 30,000 USD), while his initial capital was just about 100,000 Thai baht (about 3,000 USD). On top of that, he also lost his shitcoins from the mining pool. He had kept all of his shitcoins in the mining pool's custody, and one day, when he checked his account, every shitcoin he owned, worth 10,000 USD were gone. The notice on the mining website, "Hash-to-Coin," stated that if coins were kept with them for more than three months, they would be considered a donation.

He disheartenedly said, "I lost everything." But unlike most people, "I didn't blame Bitcoin. I still see it as the future. I blame myself. I didn't know anything and I did over leverage." He emphasized that despite his heavy financial losses, his girlfriend did not leave him. "My girlfriend was my customer. She regularly came to buy burgers. I met her while I was struggling financially during my early days as an entrepreneur. She supported me and said we could make the money back."

Determined to turn his circumstances around, he discovered Mr. Piriya on YouTube and started following his live streams about the real Bitcoin education. This marked the moment he began to truly understand what Bitcoin and cryptocurrency are. Enlightened by this unique knowledge, he came to see Bitcoin as a saving technology rather than just a trading tool. Over three years, Didier recovered from his losses and emerged stronger. He got to be friend with Mr. Piriya, and together they founded a company called Right Shift to develop Bitcoin content in Thai language through multiple social media channels, including on Nostr (npub1ejn774qahqmgjsfajawy7634unk88y26yktvwuzp9kfgdeejx9mqdm97a5) with one of the popular hashtag #siamstr. As a team, they translated "The Bitcoin Standard" and "The Fiat Standard" into Thai, both of which became best-selling books in Thailand. They organized the first-ever Bitcoin Thailand Conference in 2023 and are now preparing for the next one in September 2024.

Didier now accepts Bitcoin as a payment method in his main burger shop, one of four different franchises. He uses Wallet of Satoshi to process these payments. Within a year of implementing this initiative, he has received over 3 million sats in payments, though he initially expected to see more transactions in Bitcoin. In his marketplace, some neighboring small business owners occasionally ask him about Bitcoin as they notice the large Bitcoin poster in his shop. Although they often lose interest once he explains, according to his several unsuccessful experience. Instead now, he focuses his energy online, where he can make more impact to people who are willing to embrace innovation.

In 2022, approximately 8.4 million people in Thailand, accounting for 12% of the country's population, used cryptocurrency. Estimates suggest that by 2028, this number will rise to about 17.67 million, representing 25% of the population. During our conversation, Didier claimed that there are about 50,000 Bitcoin users in Thailand and speculated that the Thai government might intervene in Bitcoin adoption, potentially mandating the use of KYC wallets because they dislike money systems they can't control. In the worst-case scenario, Didier remains resolute: he will continue advocating for Bitcoin with his friends. "It is not an option," he asserted, "it is the only way to survive."

@ f7d424b5:618c51e8

(This was originally posted on melonmancy.net which is a blog on write.as, an ActivityPub based blogging instance)

Listeners rejoice as we are joined today by ironee212 @ shitposter.world

Another major videogame release happened since we last recorded and it looks like a big stinker, or is it? All that and more in today's episode.

We mentioned a few things in the show you might want to pull up while listening, they are the following:

• Avowed steam chart
• TF2 SDK news

Obligatory:

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Reminder that this is a Value4Value podcast so any support you can give us via a modern podcasting app is greatly appreciated and we will never bow to corporate sponsors!

Our podcast is created entirely with free software and is proudly hosted on RSSBlue!

@ e373ca41:b82abcc5

Dieser Artikel wurde mit dem Pareto-Client geschrieben (lesen Sie ihn dort, um die volle Erfahrung zu machen). Er wurde zuerst auf Deutsch von Milosz Matuschek auf "Freischwebende Intelligenz" veröffentlicht.

Zur Demokratur, der vom Souverän losgelösten Demokratie, gehört es zum Ritus, dem Volk regelmäßig den Puls zu fühlen. Heute ist wieder so ein Tag. Doch was wird der Souverän am Ende dieses Tages gewonnen haben?

Zur parlamentarischen Demokratie gehört der Wesentlichkeitsgrundsatz. Alle grundrechtswesentlichen, also den Wesenskern von Grundrechten betreffenden Entscheidungen müssen vom Parlament gefällt werden.

Behandelt der Bundestag die wesentlichen Fragen?

• Was hat man im Gremium des Souveräns bisher über Nordstream herausgefunden? 
• Was über Spike-Proteine, die 700 Tage nach der Impfung noch aktiv sind? 
• Wie erklärt dieses Gremium dem Souverän, dass Bankenbosse, Bundeskanzler und migrantische Straftäter in diesem Land ungleich schwieriger zu verurteilen sind als Bürger, die einen gefährlich mindertalentierten Politiker „Schwachkopf“ nennen?

Wofür einen Bundestag wählen, der nichts zählt, wenn es darauf ankommt und wenig zustande bringt, was dem Bürger nützt, wenn er mal darf? Eine allgemeine Impfpflicht, die auf Politikerseite erst jeder kategorisch ausschloss und dann jeder ebenso salbungsvoll kategorisch befürwortete, scheiterte nur knapp. Aufarbeitung seither?

Legitimation des rituellen Umkehrschwungs? (Foto: Rosenbusch/X)

\ Aus dem Kontrollgremium des Souveräns gegenüber der Regierung ist eine realitätsverweigernde BRD-Volkskammer geworden. Was kann eine Wahl verändern, wenn das System, welches sie alimentiert und perpetuiert, das Problem ist? Nehmen wir einen Motor, der mit Benzin läuft. Der Motor ist „unsere Demokratie“, Wahlen sind der Betankungsvorgang. Der Bürger betankt heute die Maschinerie mit der Legitimation durch seine Stimme. Doch er weiß nicht mehr, welche Hebel und Gerätschaften der Motor eigentlich antreibt. Dieser Teil befindet sich hinter einem schweren Vorhang. Kann im Sinne von Transparenz und Mit-Verantwortung der Betankungsvorgang guten Gewissens vollzogen werden?

Der Wahlvorgang ist ein Paradebeispiel dessen, was der Soziologe Niklas Luhmann mit „Legitimation durch Verfahren“ beschrieben hat. Der prozessuale Akt, die Auszählung und Verkündung schafft neue Realität und legitimiert die neue Ordnung. Aus der Erfahrung der letzten Jahre in einer autoritären parlamentarischen Demokratur bedeutet die Wahlentscheidung jedoch eine de facto Blanko-Einwilligung in die eigene Versklavung. Im Privatrecht wäre das ein sittenwidriges Ziel, das zur Nichtigkeit des Vertrages führen würde. Wieso sollte das auf der Ebene des politischen Gesellschaftsvertrages dann möglich sein? Und wie kann ein solcher Legitimationsvorgang verantwortet werden?

https://www.youtube.com/watch?v=Ngy05PFUlo8&t=5s

Der Parlamentarismus in Deutschland ist für mich gescheitert, wieder einmal. Doch warum soll in einem besetzten, globalistisch durchzogenen NATO-EU-WHO-Konglomerat wie Deutschland auch ausgerechnet der Bürger das letzte Wort haben? Die Legitimationskette von Bürger zu Staat hat zu viele blinde Flecken bekommen. Die Rückverfolgung desaströsen politischen Handelns ist nicht mehr möglich. In Deutschland hat keine gesellschaftliche Instanz, nicht die Politik, nicht die Wissenschaft, nicht die Justiz, nicht die Medien, bisher eine Form der Corona-Aufarbeitung hinbekommen, die diesen Namen verdient. Das ist Sache von unabhängigen, versprengten Stimmen und Publikationen.

Wie ist es um die Legitimität der „Partneroganisationen“ Deutschlands bestellt? Die EU ist unlängst vom Friedensbündnis zum Kriegsbündnis geworden, die Nato kann nicht mal Bündnispartner vor Bündnispartnern schützen und die WHO ist ein durch China und Bill Gates unterwandertes Jointventure für globale Impf- und Kontrollexperimente. All das wird heute erneut zementiert und wenn es gesprengt würde, müsste der Wahlvorgang verboten werden. Im besetzten Land darf nur richtig gewählt werden.

Und deshalb gibt es für mich in diesem System keine Wahl.

Wie ist es bei Ihnen?

Wie stehen Sie zu dieser Wahl? Gehen Sie hin und mit welchen Gefühlen, Erwartungen, Intentionen? Ich freue mich auf Ihren Kommentar.

ANZEIGE:

Sie suchen nach dem einfachsten Weg, Bitcoin zu kaufen und selbst zu verwahren?****** Die Relai-App ist Europas erfolgreichste Bitcoin-App. Hier kaufen Sie Bitcoin in wenigen Schritten und können auch Sparpläne einrichten. Niemand hat Zugriff auf Ihre Bitcoin, außer Sie selbst. Relai senkt jetzt die Gebühr auf 1%, mit dem Referral-Code MILOSZ sparen Sie weitere 10%. (keine Finanzberatung). Disclaimer wg. EU-Mica-Regulierung: Die Dienste von Relai werden ausschließlich für Einwohner der Schweiz und Italiens empfohlen.

---

You prefer reading me in English? You can find my first uncensorable articles written with our Pareto client via Nostr, clicking on this link. Discover other authors at Pareto.space/read.(click on the Pareto button to see our first authors).

---

Join the marketplace of ideas! We are building a publishing ecosystem on Nostr for citizen-journalism, starting with a client for blogging and newsletter distribution. Sound money and sound information should finally be in the hands of the people, right? Want to learn more about the Pareto Project? Zap me, if you want to contribute (all Zaps go to the project).

Are you a publication or journalist and want to be part of it, test us, migrate your content to Nostr? Write to team@pareto.space**

Not yet on Nostr and want the full experience? Easy onboarding via Start.

@ da0b9bc3:4e30a4a9

Hello Stackers!

Welcome on into the ~Music Corner of the Saloon!

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

So stay a while and listen.

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

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

originally posted at https://stacker.news/items/894609

@ 037ebe13:93af01dc

Se você acompanhou o noticiário, deve ter visto que o ministro Alexandre de Moraes, do Supremo Tribunal Federal (STF), voltou a investir contra as redes sociais. Na sexta-feira (21), Moraes determinou a suspensão da rede social americana Rumble no Brasil.

De acordo com o ministro, a rede social cometeu "reiterados, conscientes e voluntários descumprimentos das ordens judiciais, além da tentativa de não se submeter ao ordenamento jurídico e Poder Judiciário brasileiros" e que instituiu um "ambiente de total impunidade e 'terra sem lei' nas redes sociais brasileiras".

No entanto, o CEO da Rumble, Chris Pavlovski, afirmou que Moraes exigiu que a Rumble cumprisse decisões que são ilegais segundo a legistação americana e passou um “aviso” ao ministro: “nos vemos no tribunal”.

Não é de hoje que o STF e Moraes são acusados de promover um ambiente de “censura” através de uma suposta perseguição enviesada a perfis que criticam as atuações da corte e do ministro, inclusive exigindo a remoção de perfis por parte dessas redes – algo que contraria a legislação brasileira.

Em 2024, o X chegou a ficar suspenso no Brasil por quase 40 dias, sendo que Moraes chegou a impor multas para quem tentasse acessar a rede via VPN, uma decisão contestada e vista por muitas pessoas como ilegal.

Isso mostra que o poder do estado vai continuar agindo contra as redes sociais com o intuito de estabelecer algum tipo de restrição a essas plataformas. E tal poder tende a funcionar, pois estas plataformas são consideradas empresas e muitas têm representantes legais no Brasil, que são um vetor de ataque para eventuais suspensões.

Felizmente, a criação do Bitcoin (BTC) levou a um avanço na forma como podemos manter nossa privacidade protegida da sanha autoritária dos estados. E isso chegou nas redes sociais com a criação do Nostr. Por isso, o protocolo descentralizado com foco em redes sociais é o tema da nossa newsletter de hoje.

O que é o Nostr?##

A palavra Nostr, que dá nome ao protocolo, é a sigla para Notes and Other Stuff Transmitted by Relays (Notas e Outras Coisas Transmitidas por Relés, em tradução livre). Esse protocolo surgiu em 2020 para criar uma “camada social” na rede do Bitcoin. Ou seja, permitir o desenvolvimento de aplicativos similares a redes sociais.

No entanto, foi a partir de 2023 que o protocolo ganhou fama, a ponto de ficar conhecido como o “Twitter descentralizado”. Esse nome se deveu ao fato de que um dos aplicativos mais populares do Nostr era o Damus, que funciona como uma espécie de X.

A principal diferença do Nostr para outros serviços é que os aplicativos criados pelos protocolos não podem ser censurados. Eles operam baseados em clientes e relés (relays) muito similares aos nós que rodam a rede do Bitcoin. Por isso, não adianta um governo tentar derrubar um nó: se os demais estiverem ativos, a rede seguirá funcionando livre de censura.

Sistema de chaves##

Da mesma forma que no Bitcoin, no Nostr cada usuário é identificado por uma chave pública. E também há uma chave privada, que ele usa para assinar as transações. Mas ao contrário do BTC, as chaves privadas não são formadas por sequência de palavras, mas sim por uma sequência de letras:

chave pública: cada chave pública do Nostr começa com as iniciais “npub”. Ex: npub43tahY4T…

chave privada: já as chaves privadas começam com os caracteres “nsec”. Ex: nsec4T6uyA4F…

Para acessar os aplicativos do Nostr (como o Damus), você só precisa fazer o download e inserir a sua chave privada no app. Ele vai ler a chave e identificar que você de fato controla aquela conta, mas o aplicativo não armazena as chaves. Por isso elas não ficam sujeitas a roubos, mantendo o seu perfil seguro.

Uma vez logado no aplicativo, cada vez que você publica algo (por exemplo, uma mensagem que publica, uma atualização da sua lista de seguidores, etc.), você assina uma transação. Os clientes validam estas assinaturas para garantir que estão corretas.

Hoje, existem mais de 70 aplicativos criados para o Nostr, desde outros “Twitter descentralizados” até serviços de mensagem. E todos eles funcionam de forma integrada, o que significa que a sua chave privada funciona como uma identidade única. Isso permite que você acesse a todos os aplicativos com uma única senha, sem precisar fazer cadastros e deixar seus dados expostos em várias redes sociais.

Esse protocolo foi criado por um brasileiro conhecido como fiatjaf, que preferiu se manter anônimo. O projeto fez tanto sucesso que recebeu um apoio massivo de Jack Dorsey, criador do Twitter, que chegou a doar 14,6 BTC para ajudar no desenvolvimento do Nostr. Hoje, esse valor corresponde a mais de R$ 8 milhões.

Como fazer uma conta no Nostr##

Antes de acessar os aplicativos, você deve criar suas chaves pública e privada no site oficial do Nostr. Basta acessar o Endereço e clicar na opção “create your Nostr account”. E pronto, o site gera as duas chaves automaticamente. A chave pública (npub) fica visível, enquanto a chave privada (nsec) aparece coberta.

Basta clicar nos quadrados do lado esquerdo da chave privada que ele vai copiar automaticamente. Você também pode clicar em “show private key” para ver a chave privada, ou clicar em “download keys” para baixar ambas as chaves.

Cabe frisar que essas chaves, sobretudo a privada, são essenciais para acessar qualquer aplicativo criado no Nostr. Por isso, assim que você salvá-las, guarde essas chaves em um lugar seguro e longe da internet, para evitar roubos. Por isso:

jamais anote sua chave privada num bloco de notas;

escreva a chave privada à mão num papel e guarde com bastante cuidado;

nunca, sob qualquer hipótese, compartilhe sua chave privada em arquivos na nuvem ou por e-mail.

Se você quiser ter ainda mais segurança, pode adquirir o NOSTR Signing Device, dispositivo que serve para assinar publicações com o Nostr e mantém sua chave privada segura. Ele é importado, mas custa apenas 20 euros (cerca de R$ 120) no site da LNBits.

Redes sociais à prova de censura##

Bem, agora vamos conferir as duas redes sociais que selecionamos entre os mais de 70 aplicativos do Nostr. Nelas você pode publicar qualquer coisa sem medo de sofrer com censura, bloqueios ou processos indevidos por causa de alguma acusação vaga como “promover discurso de ódio”.

O primeiro dessas aplicativos é o Primal, que é praticamente uma cópia do já citado Damus. Ele também se parece muito com o X e lá você pode publicar, mandar mensagens inbox para outro usuário, curtir, salvar, compartilhar e comentar.

Ao contrário do X, o Primal não impõe limite de caracteres nas publicações e você não tem selos. O aplicativo também possui uma carteira Lightning onde você pode enviar e receber satoshis. E o melhor de tudo, o Primal possui a função “zap”, que permite que você possa enviar e receber satoshis por causa de suas publicações.

Ou seja, se você escrever alguma coisa no Primal e as pessoas gostarem, elas podem te enviar “gorjetas” em satoshis. Isso significa que você consegue monetizar o seu conteúdo sem precisar assinar nenhum plano ou pagar para conseguir um selo. Você também pode enviar satoshis para seus criadores de conteúdo favoritos.

Mas se você gosta de publicar artigos mais longos (como esta newsletter), o Nostr conta com o YakiHonne. Este “Substack descentralizado” permite que você publique notas como o Primal, mas também oferece a possibilidade de criar artigos em formato de newsletter.

Você pode favoritar ou salvar os seus autores preferidos, facilitando a leitura de artigos. E o aplicativo também possui seções de curadoria específica. Com ela, você consegue acessar artigos por tópicos e ver o que está se destacando no YakiHonne naquele momento.

Quer escrever sobre um tema polêmico? Faça seu artigo no YakiHonne sem ter medo de censura ou de ver seu texto desmonetizado. E caso ele faça sucesso, você pode receber satoshis como pagamento e monetizar seu trabalho recebendo em moeda forte.

Infelizmente, os tribunais de censura seguem em crescimento no mundo e a liberdade de expressão em plataformas centralizadas seguirá ameaçada. Afinal, estas empresas visam o lucro e estão sujeitas às leis. E elas dificilmente farão frente ao poder do estado apenas para beneficiar seus usuários.

Por isso, da mesma forma que você pode tirar o estado do seu dinheiro com o Bitcoin, você pode tirar a censura das suas palavras usando o Nostr. Afinal, como diz o personagem Ensei Tankado de “Fortaleza Digital”:

“Todos temos o direito de guardar segredos. Um dia eu farei com que isso volte a ser possível.”

Vale uma olhada##

Matéria completa sobre o lançamento do Nostr no CriptoFacil;

O canal dos tem um vídeo excelente falando sobre como criar e armazenar suas chaves privadas do Nostr usando o Signing Device. Vale a pena conferir.

@ df478568:2a951e67

I shop the bitcoin circular economy as much as I can. Maybe "shop" isn't the best way to describe it. Shopping is a behavior typical of fiat maxis. they drive fancy leases and shop 'till they drop. This season's fashion must-have is next season's trash. Bitcoiners don't shop, we replenish supplies. Our goal is to get the best value for our sats. Our goal to hodl our sats as long as possible.

Yesterday, I shoveled a ton of compost for my garden. If taking showers mean's I', short bitcoin, so be it. I also happened to get my soap from Soapminer delivered to my P.O. Box the day before. What better way is there to test this soap than after shoveling some shit? It was perfect timing.

Soapminer Sells Soap Made From Beef Tallow

Soapminer is a nostr rounder I've seen online every timestamp in a while. As the name suggests, he makes soap and sells it for sats. He's not the only soap seller on nostr, but something stands out about this soap. He uses beef tallow, the stuff McDonald's used for french fries back in the day. I use it to cook. It's basically beef lard.

So this pleb makes soap and markets it to people who talk about beef and bitcoin. That's better than Fight Club. Then I heard Matt Odell say it was pretty good. I already thought about spending sats on this soap, but now I had a testimonial from a man I have listened to for about six years. Can you say Web of Trust baby?

I no soap and suds expert. I have years of soapo sing experience, but I never thought about what commercial soap is made with. I assumed it was like Fight Club like how I assumed the dollar was backed by gold in high school. Both these statements are false. Fiat soap is made with fiat fuckery. I tried looking for the ingredients on a box of Dove Men's Care, but couldn't find them on the box. It's opaque like the amount of gold at Fort Knox, nobody knows. I know what Soapminer uses to make his soap because it's open source.

Tallow Soap Quotes

I asked Soapminer a few questions on nostr. You can find his answer here:

nostr:nevent1qvzqqqqqqypzqy9kvcxtqa2tlwyjv4r46ancxk00ghk9yaudzsnp697s60942p7lqy88wumn8ghj7mn0wvhxcmmv9uq3xamnwvaz7tmsw4e8qmr9wpskwtn9wvhszxrhwden5te0wa3nztnrw4e8yetwwshxu6twdfsj7qpqh7mqlhn392ekrg6nm33pjjquu0dww27tqv3qjduyag4u20er0tcqd2waxl That's the link that shows it was signed by his own nostr key, the Internet's version of "I approve this message."

Soapminer:

`What inspired me was a cleaner, healthier lifestyle. During the plandemic, I had a lot of free time on my hands, and got to read, and investigate what actually causes a lot of the sickness in society. I learned a great deal. I never knew that your skin is your largest organ, and that it absorbs 60-70% of what you put on it. What do ppl put on their skin almost every day? Soap. So out of boredom, and seeking a healthier lifestyle, I started watching YT videos of ppl making soap, and tried it out a few times, and then a few more, until I became good at it.

Once you learn how to make soap, the challenges only arise when you try something that you haven't done before. Depending on what method you are using will determine the challenges that you may face. It's multifaceted, so might be a little long to go into. I overcome them by keep trying until I get it right. No path is going to be easy, you just have to practice to make perfect.

Last question is easy. My favorite soap is Tallow soap. As long as it is made from Tallow, and has all natural ingredients, it is a good soap in my opinion. Tallow mirrors the oils in our skin. It doesn't strip you skin the way commercial soap do, leaving you feel itchy, dry, and actually causing some of the skin ailments that have become common, like eczema, and psoriasis. Just nutures, cleans, and protects. It also, can prevent wrinkles., and acne.`

Sold!

I tried the pine tar first. It makes me smell like a man, at least my wife thinks so. That's also why she prefers the unscented. He is adding more scents, but these ate the one's I have tried.

The soap makes me feel rubber-ducky squeaky clean. After my shower, made some lunch and washed my hands with Dawn. This made my hands ashier than bio-char. I decided to cut some soap and place a little piece by the kitchen sink. The soap moisturized my hands in two shakes of a bull's tail. I also cut up some of my soap into smaller pieces because I'm as frugal as a Boy-scout and wanted to wash my hands with this stuff instead of Ivory. **Who wants a clean as real as Ivory? It's only 99.44% pure. Soap miner is 100% pure bitcoin signal.

Here's some more quotes about Soapminer's soap.

• He's asking his market if they want Peppermint soap.

• Then he made the soap like a boss.

• The Benefits of Tallow

• He uses Zaprite

He has giveaways

He wants everyone to live on a bitcoin standard

Testimonials

nostr:note1y9wsl07lkepfzzj8c8ucekss9f9darvg70j93cdmvttadfjx9nfsvtxwes

The LOTSProject8

nostr:nevent1qvzqqqqqqypzqy9kvcxtqa2tlwyjv4r46ancxk00ghk9yaudzsnp697s60942p7lqqsxt8kyd650ph3wvhre0lwlw5s0emuv5gcfzmsvfxf7czgg4c2wynq7vg8ga

GhostBTC:

nostr:npub1cm3v486tkgy6qjtk09srry4qvc40y0jysyqha5e3v67whnc22jwsrreyud

Tuvok

Bit 🐳 Ish

"It's good stuff, you'll love it."

cryptoshi2k21.bitcoin

"Great soap 🧼🫧"

Me

"I spent the last two days shyoveling horse shit and compost for my garden. This soap made me feel rubber-ducky squeeky clean afterward."

Conclusion

I am a soap mining soap customer now. I'm done with fiat soap. I'm thinking about handing out his soap for Christmas gifts. Odell was right. It is good soap. It's expensive compared to the comercial crap, but competitive with fancy olive oil soaps I've seen. I paid with fiat I had in Strike, but Soapminer received bitcoin. I was going to buy soap anyway, but buying soap this way took $35 of fiat off Strike and put it into soap miners strategic bitcoin reserve. It's not cheap, but buying Dove requires me to first buy fiat. Buying soap from Soapminer takes sats off the exchange. Buying Dove does not, but that's not the only reason I bought this soap. It's great soap, but that's not really why I bought it. I am a big believer in what Adam Smith described as the invisible hand: [nostr:note1jsgzk6rxulyqthae8c53rrawaa70yjqh37nm3kxh08xw8g43vgcq3kux9d "nostr:note1jsgzk6rxulyqthae8c53rrawaa70yjqh37nm3kxh08xw8g43vgcq3kux9d"). We want to see people in our community to prosper. It is in our self-interest That is what Smith means by the invisible hand. The invisible hand is not A Central Bank manipulating interest rates and The IMF turning foreigners into debt-fiat slaves for cheap freshly-frozen shrimp.

Bitcoiners are my community. They may not be close to me by proximity, but my moral sentiments guide me to do business with bitcoiners whenever possible. See, capitalism cannot work with socialist money. Those moral sentiments change when people work for soft money. Fiat soap miners get paid in NGD currency. Sell soap for $35 today and that will buy you half as much stuff in 5 years. The fiat soap miner has no savings to improve his community. Inflation makes him search for the cheapest soap just to keep up with grocery prices.

Soapminer can save his sats earned selling soap without anyone stealig from him. Therefore, he will be able to afford to buy stuff in his community. Those on a fiat standard cannot afford to save their money in the hopes of buying high quality products and services in their community. Fiat is socialist money, therefore only buys less and less as time goes on. Dear readers, we are not on late stage capitalism. The problem is that socialist money sucks. Those Papi Trump bucks might be fun for a month, but in the end, everyone pays the Piper. Tariffs are a sales tax, paywalls in meatspace. Save your sats long enough, and these taxes will not matter. We circumvent the unjust tax of inflation, we will find solutions to unjust taxes levied on our community.

I participate in the bitcoin circular economy because I want to bring capitalism back. I do not care where you live. If you are a bitcoiner, you are part of my community. There is an invisible hand which compels me to buy stuff from people in my community. That's why I bought soap from Soapminer, but you know what? the soap is pretty damn good.

npub1marc26z8nh3xkj5rcx7ufkatvx6ueqhp5vfw9v5teq26z254renshtf3g0

884,861

Merch

@ f3873798:24b3f2f3

Nos últimos anos, temos observado um aumento significativo nos casos de ansiedade, estresse e outros transtornos mentais. O ambiente de trabalho, especialmente no mundo cooperativo e corporativo, desempenha um papel central nesse cenário. Mas qual é a relação entre a estrutura do mercado de trabalho moderno e o crescimento dessas questões de saúde mental?

O Impacto da Cultura Cooperativa na Saúde Mental

O modelo cooperativo atual valoriza, acima de tudo, a produtividade e o cumprimento de metas rígidas. A exigência por resultados rápidos e desempenho excepcional impõe um ritmo de trabalho desumano, levando muitos profissionais à exaustão física e emocional. A pressão constante para atender expectativas impossíveis cria um ambiente hostil, contribuindo para o aumento de diagnósticos como ansiedade, depressão e burnout.

Além disso, a falta de liberdade e flexibilidade no mercado de trabalho faz com que muitos talentos sejam desperdiçados. Profissionais que poderiam inovar e criar novas oportunidades acabam se tornando apenas mais um número em grandes empresas ou no funcionalismo público, muitas vezes por falta de opções. Esse aprisionamento profissional gera frustração, baixa autoestima e até transtornos psicológicos severos.

A Evolução das Demandas e a Intensificação da Pressão

Antigamente, a busca por estabilidade em cargos públicos ou em grandes corporações era comum, mas a pressão e a exigência por resultados eram diferentes. Com o avanço da tecnologia e a digitalização dos processos, a demanda por eficiência aumentou exponencialmente. Hoje, a velocidade imposta pelo mercado ultrapassa os limites humanos, tornando o ambiente de trabalho ainda mais opressor.

Essa realidade não apenas compromete a saúde mental dos profissionais, mas também reflete no comportamento social. O estresse crônico e a frustração acumulada podem levar a episódios de agressividade, intolerância e impaciência, impactando diretamente a convivência em sociedade. O crescimento de casos de violência no trânsito, agressões em ambientes de atendimento e até mesmo crimes por motivos fúteis pode estar ligado a esse fenômeno.

O Caminho para um Mercado de Trabalho Mais Saudável

Para minimizar esses impactos, é fundamental promover maior liberdade econômica e oportunidades para pequenos empreendedores. Reduzir a dependência de grandes empresas e cooperativas pode permitir que mais pessoas encontrem satisfação profissional e desenvolvam suas vocações sem a pressão excessiva por metas irreais.

Empreendimentos menores tendem a oferecer um ambiente de trabalho mais humanizado, onde as metas são ajustadas conforme a capacidade de produção de cada indivíduo. Dessa forma, os profissionais podem atuar de maneira mais saudável e equilibrada, reduzindo os índices de transtornos mentais e promovendo uma sociedade mais harmoniosa.

@ 97c70a44:ad98e322

For the last couple of weeks, I've been dealing with the fallout of upgrading a web application to Svelte 5. Complaints about framework churn and migration annoyances aside, I've run into some interesting issues with the migration. So far, I haven't seen many other people register the same issues, so I thought it might be constructive for me to articulate them myself.

I'll try not to complain too much in this post, since I'm grateful for the many years of Svelte 3/4 I've enjoyed. But I don't think I'll be choosing Svelte for any new projects going forward. I hope my reflections here will be useful to others as well.

If you're interested in reproductions for the issues I mention here, you can find them below.

• Can't save state to indexeddb
• Component unmount results in undefined variables in closures

The Need for Speed

To start with, let me just quickly acknowledge what the Svelte team is trying to do. It seems like most of the substantial changes in version 5 are built around "deep reactivity", which allows for more granular reactivity, leading to better performance. Performance is good, and the Svelte team has always excelled at reconciling performance with DX.

In previous versions of Svelte, the main way this was achieved was with the Svelte compiler. There were many ancillary techniques involved in improving performance, but having a framework compile step gave the Svelte team a lot of leeway for rearranging things under the hood without making developers learn new concepts. This is what made Svelte so original in the beginning.

At the same time, it resulted in an even more opaque framework than usual, making it harder for developers to debug more complex issues. To make matters worse, the compiler had bugs, resulting in errors which could only be fixed by blindly refactoring the problem component. This happened to me personally at least half a dozen times, and is what ultimately pushed me to migrate to Svelte 5.

Nevertheless, I always felt it was an acceptable trade-off for speed and productivity. Sure, sometimes I had to delete my project and port it to a fresh repository every so often, but the framework was truly a pleasure to use.

Svelte is not Javascript

Svelte 5 doubled down on this tradeoff — which makes sense, because it's what sets the framework apart. The difference this time is that the abstraction/performance tradeoff did not stay in compiler land, but intruded into runtime in two important ways:

• The use of proxies to support deep reactivity
• Implicit component lifecycle state

Both of these changes improved performance and made the API for developers look slicker. What's not to like? Unfortunately, both of these features are classic examples of a leaky abstraction, and ultimately make things more complex for developers, not less.

Proxies are not objects

The use of proxies seems to have allowed the Svelte team to squeeze a little more performance out of the framework, without asking developers to do any extra work. Threading state through multiple levels of components without provoking unnecessary re-renders in frameworks like React is an infamously difficult chore.

Svelte's compiler avoided some of the pitfalls associated with virtual DOM diffing solutions, but evidently there was still enough of a performance gain to be had to justify the introduction of proxies. The Svelte team also seems to argue that their introduction represents an improvement in developer experience:

we... can maximise both efficiency and ergonomics.

Here's the problem: Svelte 5 looks simpler, but actually introduces more abstractions.

Using proxies to monitor array methods (for example) is appealing because it allows developers to forget all the goofy heuristics involved with making sure state was reactive and just push to the array. I can't count how many times I've written value = value to trigger reactivity in svelte 4.

In Svelte 4, developers had to understand how the Svelte compiler worked. The compiler, being a leaky abstraction, forced its users to know that assignment was how you signaled reactivity. In svelte 5, developers can just "forget" about the compiler!

Except they can't. All the introduction of new abstractions really accomplishes is the introduction of more complex heuristics that developers have to keep in their heads in order to get the compiler to act the way they want it to.

In fact, this is why after years of using Svelte, I found myself using Svelte stores more and more often, and reactive declarations less. The reason being that Svelte stores are just javascript. Calling update on a store is simple, and being able to reference them with a $ was just a nice bonus — nothing to remember, and if I mess up the compiler yells at me.

Proxies introduce a similar problem to reactive declarations, which is that they look like one thing but act like another on the edges.

When I started using Svelte 5, everything worked great — until I tried to save a proxy to indexeddb, at which point I got a DataCloneError. To make matters worse, it's impossible to reliably tell if something is a Proxy without try/catching a structured clone, which is a performance-intensive operation.

This forces the developer to remember what is and what isn't a Proxy, calling $state.snapshot every time they pass a proxy to a context that doesn't expect or know about them. This obviates all the nice abstractions they gave us in the first place.

Components are not functions

The reason virtual DOM took off way back in 2013 was the ability to model your application as composed functions, each of which takes data and spits out HTML. Svelte retained this paradigm, using a compiler to sidestep the inefficiencies of virtual DOM and the complexities of lifecycle methods.

In Svelte 5, component lifecycles are back, react-hooks style.

In React, hooks are an abstraction that allows developers to avoid writing all the stateful code associated with component lifecycle methods. Modern React tutorials universally recommend using hooks instead, which rely on the framework invisibly synchronizing state with the render tree.

While this does result in cleaner code, it also requires developers to tread carefully to avoid breaking the assumptions surrounding hooks. Just try accessing state in a setTimeout and you'll see what I mean.

Svelte 4 had a few gotchas like this — for example, async code that interacts with a component's DOM elements has to keep track of whether the component is unmounted. This is pretty similar to the kind of pattern you'd see in old React components that relied on lifecycle methods.

It seems to me that Svelte 5 has gone the React 16 route by adding implicit state related to component lifecycles in order to coordinate state changes and effects.

For example, example is in the documentation for $effect:

You can place $effect anywhere, not just at the top level of a component, as long as it is called during component initialization (or while a parent effect is active). It is then tied to the lifecycle of the component (or parent effect) and will therefore destroy itself when the component unmounts (or the parent effect is destroyed).

That's very complex! In order to use $effect... effectively (sorry), developers have to understand how state changes are tracked. The documentation for component lifecycles claims:

In Svelte 5, the component lifecycle consists of only two parts: Its creation and its destruction. Everything in-between — when certain state is updated — is not related to the component as a whole; only the parts that need to react to the state change are notified. This is because under the hood the smallest unit of change is actually not a component, it’s the (render) effects that the component sets up upon component initialization. Consequently, there’s no such thing as a “before update”/"after update” hook.

But then goes on to introduce the idea of tick in conjunction with $effect.pre. This section explains that "tick returns a promise that resolves once any pending state changes have been applied, or in the next microtask if there are none."

I'm sure there's some mental model that justifies this, but I don't think the claim that a component's lifecycle is only comprised of mount/unmount is really helpful when an addendum about state change has to come right afterward.

The place where this really bit me, and which is the motivation for this blog post, is when state gets coupled to a component's lifecycle, even when the state is passed to another function that doesn't know anything about svelte.

In my application, I manage modal dialogs by storing the component I want to render alongside its props in a store and rendering it in the layout of my application. This store is also synchronized with browser history so that the back button works to close them. Sometimes, it's useful to pass a callback to one of these modals, binding caller-specific functionality to the child component:

javascript const {value} = $props() const callback = () => console.log(value) const openModal = () => pushModal(MyModal, {callback})

This is a fundamental pattern in javascript. Passing a callback is just one of those things you do.

Unfortunately, if the above code lives in a modal dialog itself, the caller component gets unmounted before the callback gets called. In Svelte 4, this worked fine, but in Svelte 5 value gets updated to undefined when the component gets unmounted. Here's a minimal reproduction.

This is only one example, but it seems clear to me that any value that is closed over by a callback function that lives longer than its component will be undefined when I want to use it — with no reassignment existing in lexical scope.

This just isn't how javascript works. And I think the reason Svelte works this way is that it is attempting to re-invent garbage collection. Because value is a prop of the component, it apparently has to be cleaned up at the end of the component's lifecycle. I'm sure there's a good engineering reason for this, but it is surprising.

Conclusion

Easy things are nice, but as Rich Hickey says, easy things are not always simple. And like Joel Spolsky, I don't like being surprised. Svelte has always been full of magic, but with the latest release I think the cognitive overhead of reciting incantations has finally outweighed the power it conveys.

My point in this post is not to dunk on the Svelte team. I know lots of people like Svelte 5 (and react hooks). The point I hope to make is that there is a tradeoff between doing things for the user, and giving the user agency. Good software is built on understanding, not cleverness.

I also think this is an important lesson to remember as AI-assisted coding becomes increasingly popular. Don't choose tools that alienate you from your work. Choose tools that leverage the wisdom you've already accumulated, and which help you to cultivate a deeper understanding of the discipline.

Thank you to Rich Harris and team for many years of pleasant development. I hope that (if you read this) it's not so full of inaccuracies as to be unhelpful as user feedback.

@ 09fbf8f3:fa3d60f0

🌟 深度探索：在Cloudflare上免费部署DeepSeek-R1 32B大模型

🌍 一、 注册或登录Cloudflare平台（CF老手可跳过）

1️⃣ 进入Cloudflare平台官网：

。www.cloudflare.com/zh-cn/
登录或者注册账号。

2️⃣ 新注册的用户会让你选择域名，无视即可，直接点下面的Start building。

3️⃣ 进入仪表盘后，界面可能会显示英文，在右上角切换到[简体中文]即可。

---

🚀 二、正式开始部署Deepseek API项目。

1️⃣ 首先在左侧菜单栏找到【AI】下的【Wokers AI】，选择【Llama 3 Woker】。

2️⃣ 为项目取一个好听的名字，后点击部署即可。

3️⃣ Woker项目初始化部署好后，需要编辑替换掉其原代码。

4️⃣ 解压出提供的代码压缩包，找到【32b】的部署代码，将里面的文本复制出来。

下载地址：
📁 夸克
📁 UC网盘
📁 迅雷网盘

5️⃣ 接第3步，将项目里的原代码清空，粘贴第4步复制好的代码到编辑器。

6️⃣ 代码粘贴完，即可点击右上角的部署按钮。

7️⃣ 回到仪表盘，点击部署完的项目名称。

8️⃣ 查看【设置】，找到平台分配的项目网址，复制好备用。

---

💻 三、选择可用的UI软件，这边使用Chatbox AI演示。

1️⃣ 根据自己使用的平台下载对应的安装包，博主也一并打包好了全平台的软件安装包。

2️⃣ 打开安装好的Chatbox，点击左下角的设置。

3️⃣ 选择【添加自定义提供方】。

4️⃣ 按照图片说明填写即可，【API域名】为之前复制的项目网址(加/v1)；【改善网络兼容性】功能务必开启；【API密钥】默认为”zhiyuan“，可自行修改；填写完毕后保存即可。

5️⃣ Cloudflare项目部署好后，就能正常使用了，接口仿照OpenAI API具有较强的兼容性，能导入到很多支持AI功能的软件或插件中。

6️⃣ Cloudflare的域名默认被墙了，需要自己准备一个域名设置。

---

转自微信公众号：纸鸢花的小屋
推广：低调云（梯子VPN）
。www.didiaocloud.xyz

@ 0463223a:3b14d673

Here we go, it’s Mooooonnnndddddaaaaaaaayyyyyyy!

It’s safe to say I enjoy Monday. Much as I appreciate the downtime over the weekend (if I’m not working) I appreciate the routine of Mondays. Firstly I have my stream to look forward to and whilst I’m not at my best first thing on a Monday, having a little structure goes a long way. Even the fear of looking at the emails I’ve been ignoring from the previous week is possible.

So maybe I’m starting to get an angle of why I’m writing this. It’s a memoir of being a mental I think. I’ve mentioned a number of times this has been a problem most my life but I write this as I’ve halved my Venlafaxine does by ½ once again. This means I’m now on 1/12th of my original dose and I’m maybe a month away from being completely free of RRSIs for the first time in, I guess at least 10 years. To be honest I cant remember when I was first prescribed them. It’s been quite a journey...

3 things have been pivotal. 1; finding my now wife. She’s brilliant and I love her dearly, I think most people know deep down how crushing loneliness can be. I’m very grateful to her for putting up with my bullshit, supporting me and just being there. Gold star for her!

2; would be music, it’s a funny one to put in, it’s also been part of the problem, especially in my wilder days. There’s something quite seductive about the sex, drugs and Rock n Roll meme, although musically it was more Hip Hop, Reggae, Bleeps and Jazz, also I didn’t sleep around much at all but I certainly don’t think I would’ve messed with crack, heroin and all the other drugs otherwise. It’s worth noting 2 of my friends from that era, who didn’t have music in their lives are dead. I’m very lucky. There’s over 100 years of recorded music to enjoy plus I’m almost happy with some of my own bits at last!

3; I have some security, I no longer pay rent or have a landlord. This is also due to number 1 but also because I found some funny internet money. I’m still to write about my process with that, other than to say it was direct response to the banks. That’s a story in it’s own right, it’s pretty dark and hmm… not sure. Plus I don’t think there’s any need to go there right now. I have the world’s most expensive shed and I know I can survive a few months should the worst happen. That’s a LOT. Whilst a little risk taking is healthy, life shouldn’t free stress free, uncertainty about having a roof over your head when you can’t afford it can really take it’s toll. A degree of security is most welcome at this time in life.

A lot of people aren’t so lucky, Tom, Ricky, Dave, Slam, Joel. I’m name checking you specifically. You’re in my thoughts often, especially as I play music every morning… and Slam, if I ever see you again, I want my records back!!! Haha, thieving little cunt but it’s still not hate here. Your life was fucked up before you even had a chance. I hope you’ve found peace with yourself. At least you’re alive! (I think, he might be dead too, who knows…)

So yeah, it’s Monday and it’s gonna be a good day right? I mean it might not but I will at least give it the best start possible and work from there. It takes a degree of effort to retrain the brain. Actually maybe there’s a 4th thing to mention. No Facebacon, Instagran, X or LinkedIn. None of that bullshit where you’re forced into some fake world generated in order to increase shareholder value. These platforms are akin to being a lab rat. I picture Zuckerberg like Ming The Merciless at the start of Flash Gordon sending hot hail etc. That guy made a decision to mess with peoples’ psyche to drive profits. That’s fucking evil man. Jeez, what a cunt!

It’s Monday, I’m wishing you strength in whatever you have ahead of you today. I’m lucky to be where I am right now and if you’re reading this and your world is plagued by darkness, it can get better. Remember that. Hold onto that as best you can. DON’T FUCKING KILL YOURSELF. That’s the single worst thing you can do. The pain you’ll leave behind isn’t worth it. I hope some cosmic vibrations happen in your favour. There’s no easy solution. I can’t tell you the answer but I wish you well. Good luck out there!

@ da0b9bc3:4e30a4a9

Hello Stackers!

Welcome on into the ~Music Corner of the Saloon!

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

So stay a while and listen.

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

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

originally posted at https://stacker.news/items/893831

@ fd78c37f:a0ec0833

In this edition, we invited Kelvin from Bitcoin Chama to share how his community is leveraging Bitcoin to build a self-sustaining ecosystem in rural areas.

YakiHonne: Kelvin, thanks for joining us. Before we dive in, I'd like to take a moment to introduce YakiHonne and share a bit about what we do. YakiHonne is a decentralized media client built on the Nostr protocol that enables freedom of speech through technology. It empowers creators to create their own voice, assets, and features. It also allows features like smart widgets, verified notes, and focuses on long-form articles. Today, we’ll be diving into your community. So, let’s start—tell us a bit about yourself and what you do？

Kelvin：I'm Kelvin, the founder of Bitcoin Chama, a rule-based Bitcoin community with a mission to build a self-reliant Bitcoin circular ecosystem. How do we achieve this? We empower young people and our community economically by introducing accessible, low-resource projects that require minimal time and space to implement. We then encourage them to save their earnings in Bitcoin, promoting financial independence and long-term sustainability.

YakiHonne: Given Bitcoin’s increasing value, it’s almost like owning property, but in the form of a digital asset. That’s an incredible concept and a really great initiative!Now, let’s dive into today’s questions. What initially sparked your interest in Bitcoin, and what motivated you to build a community around it?

Kelvin：Initially, I didn’t know much about Bitcoin. But I had a friend who worked at Boda Boda. He was trying to save up his earnings to buy iron sheets and build a better house for his family. Since he didn't get enough money from Boda Boda, he saved whatever little he could in a bank, a savings group. Over the course of two years, when he finally went to withdraw his money, he realized that the price of iron sheets had increased by almost 100% Originally, he had planned to buy 30 iron sheets, but by the time he withdrew his savings, his money could no longer afford that many. For someone who works so hard to earn a living, this was a major setback. Kelvin：That’s when I started thinking—how can we solve this problem? At the time, I didn’t know much about Bitcoin or how money really works. But seeing my friend struggle, I realized that the real issue wasn’t just rising prices, but the financial system itself. Kelvin：Then, later that year, I was introduced to Bitcoin, and it suddenly clicked! If my friend had saved in Bitcoin instead of fiat, his purchasing power wouldn’t have been eroded. In fact, he might have even been able to afford nails, labor costs, or additional materials. That realization led me to create Bitcoin Chama—a community to help people save in Bitcoin and protect their hard earned money.

YakiHonne: It sounds like you were inspired by how Bitcoin’s value appreciates over time, much like an investment in land that continues to grow in value. That’s a truly powerful concept behind Bitcoin.Now, could you share how your community first got started and what strategies you used to attract members in the beginning?

Kelvin：Building a community from scratch—especially a Bitcoin community—isn’t easy, particularly in a rural area of Kenya where many people lack internet access and don’t even use smartphones. At first, my focus was purely on Bitcoin education. I would go out, meet people, and teach them about Bitcoin. But I soon realized that while knowledge is valuable, most people didn’t have the means to earn and save in Bitcoin. Kelvin：That’s when I came up with a different approach. Instead of just educating people, I decided to create small projects that could generate income, sponsor these projects, and help them grow. Over time, as people started earning from these projects, they could begin saving their income in Bitcoin. Kelvin：We’ve now been running Bitcoin Chama for almost a year—since May last year. The impact isn’t massive yet, but for a community just getting started, it’s been a significant step forward. Every small step matters, and while growth takes time, I believe these small beginnings will eventually lead to something big in the future.

YakiHonne: It's a wonderful start，So far, what challenges have you faced while building and growing the Bitcoin Chama community?

Kelvin：I don't have many challenges—just two main ones.The first challenge is poverty. Whenever you introduce someone to Bitcoin, you often have to explain its history. Imagine telling someone that in 2010, Bitcoin was worth about $1, and by 2013, its value had increased significantly. Fast forward to 2025, 15 years later, and Bitcoin is now worth around 13 million Kenyan shillings (about $100,000). When people hear this, they see it as a great opportunity to escape poverty. The problem is, they often perceive Bitcoin as free money, rather than understanding it as a long-term investment or financial tool. The second challenge is scamming. Many people think Bitcoin might be a scam. This is a common issue in many communities.

YakiHonne: Yes, especially the second challenge—people thinking Bitcoin is a scam. This is very common in many emerging communities. A lot of people feel that since they can't see Bitcoin physically, it’s not real, which leads them to doubt its authenticity.Finding a way to convince people of Bitcoin’s legitimacy is crucial. So, what principles guide your community? And how do you maintain trust and reliability in your discussions?

Kelvin：So, in our community, I’ve discovered something—I’ve found saccos. Right now, I have two saccos(Chama) , and I intend to grow them over time. Within these two circles, we use the Machangura app. The app has an option for creating a clan, so we organize people into two saccos, forming two clans. We then add all members from each sacco into their respective clan. This setup ensures a trustless system. For example, if someone wants to withdraw money from their shared account or sell Bitcoin, the system notifies all members. This way, everyone stays informed, and people don’t have to feel insecure about the funds they have saved.

YakiHonne: So at least that’s how you maintain integrity, transparency, and trust within the community. So How does your community educate its members and keep them updated on Bitcoin developments?

Kelvin：I am the founder of Bitcoin Chama, and right now, I’m mostly focused on community activities. We usually hold meetups oftenly, but I wouldn’t say we focus entirely on Bitcoin only. Instead, our discussions are more about how to improve what we do, grow more, and build new projects. That’s the main focus for me at the moment. That said, I am planning to start physical Bitcoin lessons. Since Bitcoin Chama is located in my community, I know that a lot of people visit the area—many come here to shop and buy things. So, I plan to post a notice at the location, inviting new members who are interested in learning about Bitcoin. We’ll create a timetable so that people can come at specific times to attend lessons. Additionally, we’ll leverage our existing clients and brainstorm ways to make this work for a wider audience.

YakiHonne: It's still part of the education process，maybe not fully in-depth, but it’s still valuable. So, that’s actually a good thing. You guys are doing something very meaningful, which is great.The meetups also serve as a way to educate people about Bitcoin, making them an important part of the process. It’s definitely a solid approach. YakiHonne: So, Kelvin, how does your community collaborate with the broader Bitcoin ecosystem? And what partnerships have you formed so far that have had the biggest impact on BitcoinTerminal?

Kelvin：We haven’t had any major collaborations yet. So far, we’ve been riding solo. We’ve had some support from friends and well-wishers, but we haven’t partnered with any major organizations yet.

YakiHonne: That’s okay! You guys will get there very soon, I’m sure of it. So far, in the process of building your community, what initiatives have you taken to promote the adoption of Bitcoin in your local environment?

Kelvin：Well, besides our existing clients, we have about three shops that currently accept Bitcoin payments. I’m still working on overcoming the major challenges we face while also trying to find ways to encourage people to use Bitcoin in their daily lives. Kelvin：First, I need to support the people who are already part of our community, making sure they have the resources and knowledge they need. I don’t know if I’m fully answering the question, but this is what I’m working on. I’m not solely focused on growing a large community right now. Instead, I’m focused on quality growth—on educating people who truly understand Bitcoin, know how to use it, and grasp what it really means. My approach is to start small and expand gradually, ensuring that at each stage, people gain a deeper understanding of Bitcoin and how it can impact their lives.

YakiHonne: I’m sure you guys will succeed. You don’t necessarily have to start big, but I believe you’ll grow much faster than you expect. With the effort and passion you’re putting in, I have no doubt that Bitcoin Chama will expand significantly. So,moving on to my last question,what are your community’s goals for the next 6 to 12 months? And how do you see it evolving with Bitcoin’s development?

Kelvin：My goal for the next year is to continue the projects I’ve been working on. We have a community team that serves as a gathering point where people can come together, coordinate meeting times, and discuss Bitcoin and our future plans. Kelvin：so far for example, we built and distributed 15 beehives to different young people in our community. They harvest honey, sell it, and save the earnings in Bitcoin. We piped free clean water which can be accessed by any member in our community, significantly improving daily convenience. Kelvin：We are planning to build two chicken coops and provide chickens to two groups of five people each. They will raise chickens, sell eggs, and save their earnings in Bitcoin. Over time, we aim for each member to have their own chicken coop with a sustainable flock by the end of the year. Kelvin：We plan to lease a piece of land for the women in our community to grow vegetables and sell them at the local market. Their earnings will also be saved in Bitcoin. If the project is profitable, we will reinvest in more land to expand vegetable farming.Additionally, we plan to lease 2-3 acres of land specifically for commercial maize farming. The maize will be sold for Bitcoin, and if we generate profits, we will expand the farmland. Kelvin：Our long-term goal is to build a self-sufficient community, enabling it to operate independently and achieve sustainable development. This is also our core objective.

YakiHonne: I truly love all the ideas behind this. I admire the fact that you are giving back to the community and that people are experiencing real benefits from the Bitcoin ecosystem. This way, they have something positive and meaningful to say about Bitcoin. YakiHonne: Thank you so much, Kelvin, for joining us today. We’ve reached the end of our interview, and I’m really happy to have had this conversation with you. We look forward to seeing Bitcoin Chama grow!

@ 6734e11d:c7e34e8f

...damit wir weiter recht haben und so weitermachen können wie bisher, die verordnete Omertà eingehalten wird zu Grundrechten, Notverordnungen, Pandemiesimulationen, Energieversorgung, Deindustrialisierung, kalte und echte Enteigung, Umverteilung, Freiluft- und Digitalgefängnis, Blockwartnachbarn...

Alles andere wäre äußerst unangenehm, wie das Aufplatzen einer großen Eiterblase und müsste dann wieder mit Exekutive, Justiz, Notverordnungen, neuen Strafrechtsparagraphen, Verschärfung der Strafprozessordnung, echte Änderung des Grundgesetzes, Überwachung, Totalzensur, Parteiverboten, Regimechanges und Krieg unterbunden werden.

Idee und Meme sind wieder von der Schwurbel Oase

https://t.me/schwurbel_oase/2318

@ 5093fb38:7d1e9399

Here's a comprehensive article on decentralized media and its impact on the business industry:

Decentralized Media: Revolutionizing the Business Industry The rise of decentralized media has been transforming the business industry in profound ways. By democratizing content creation, distribution, and monetization, decentralized media platforms are empowering entrepreneurs, creators, and innovators to build new business models, disrupt traditional industries, and create novel revenue streams.

What is Decentralized Media? Decentralized media refers to a new generation of media platforms that operate on blockchain technology, peer-to-peer networks, and decentralized governance models. These platforms enable creators to produce, distribute, and monetize content without relying on traditional intermediaries such as studios, publishers, or advertisers.

Key Features of Decentralized Media 1. Decentralized Governance: Decentralized media platforms are governed by decentralized autonomous organizations (DAOs), which enable community-driven decision-making and ensure that the platform is run in a fair, transparent, and accountable manner. 2. Blockchain-Based: Decentralized media platforms utilize blockchain technology to create an immutable, tamper-proof record of all transactions, ensuring the integrity and security of the platform. 3. Peer-to-Peer Networks: Decentralized media platforms operate on peer-to-peer networks, enabling direct connections between creators, consumers, and other stakeholders, and eliminating the need for intermediaries. 4. Token-Based Economies: Decentralized media platforms often utilize token-based economies, which enable creators to monetize their content, and consumers to support their favorite creators and content.

Impact on the Business Industry 1. New Business Models: Decentralized media platforms are enabling new business models, such as subscription-based services, pay-per-view models, and community-driven funding platforms. 2. Disruption of Traditional Industries: Decentralized media platforms are disrupting traditional industries such as music, film, and publishing, by providing new channels for creators to produce, distribute, and monetize their content. 3. Novel Revenue Streams: Decentralized media platforms are creating novel revenue streams for creators, such as token-based rewards, and community-driven funding platforms. 4. Increased Transparency and Accountability: Decentralized media platforms are promoting increased transparency and accountability in the business industry, by providing immutable records of all transactions, and enabling community-driven decision-making.

Examples of Decentralized Media Platforms 1. Steemit: A decentralized social media platform that rewards users with cryptocurrency for creating and curating content. 2. LBRY: A decentralized video sharing platform that enables creators to monetize their content, and consumers to support their favorite creators and content. 3. Audius: A decentralized music streaming platform that enables artists to monetize their music, and consumers to support their favorite artists and music. 4. Publish0x*: A decentralized blogging platform that rewards users with cryptocurrency for creating and curating content.

Conclusion Decentralized media is revolutionizing the business industry by providing new channels for creators to produce, distribute, and monetize their content. By democratizing content creation, distribution, and monetization, decentralized media platforms are empowering entrepreneurs, creators, and innovators to build new business models, disrupt traditional industries, and create novel revenue streams. As the decentralized media ecosystem continues to evolve, we can expect to see even more innovative applications of blockchain technology, peer-to-peer networks, and decentralized governance models.

@ 2e8970de:63345c7a

The highest-earning 10% of Americans have increased their spending far beyond inflation. Everyone else hasn’t.

The top 10% of earners—households making about $250,000 a year or more—are splurging on everything from vacations to designer handbags, buoyed by big gains in stocks, real estate and other assets. Those consumers now account for 49.7% of all spending, a record in data going back to 1989, according to an analysis by Moody’s Analytics. Three decades ago, they accounted for about 36%. All this means that economic growth is unusually reliant on rich Americans continuing to shell out. Mark Zandi, chief economist at Moody’s Analytics, estimated that spending by the top 10% alone accounted for almost one-third of gross domestic product.

https://www.wsj.com/economy/consumers/us-economy-strength-rich-spending-2c34a571?mod=hp_lead_pos7

originally posted at https://stacker.news/items/895834

@ e5de992e:4a95ef85

One of the most common misconceptions about trading is that it's no different from gambling. This belief often comes from people who misunderstand the discipline, structure, and effort that go into becoming a successful trader. The truth is, trading couldn't be further from gambling when done right. It's about edges, calculated risks, consistency, and discipline.

Let's break down the key differences and why trading, when approached correctly, is a professional skill—not a game of chance.

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Why People Think Trading Is Gambling

1. Lack of Understanding:
   Many assume trading is about guessing market direction or chasing quick profits, which mirrors gambling behavior.

2. Emotional Reactions:
   Traders who rely on instincts or impulsive decisions often resemble gamblers, reinforcing the stereotype.

3. Stories of Losses:
   Headlines about traders losing their life savings due to overleveraging or poor risk management create the illusion that all trading is reckless.

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What Trading Really Is

1. Trading is About Edges

• What It Means:
  An edge is a systematic advantage that gives you a higher probability of success over time. It could be a proven strategy, a deep understanding of market patterns, or an ability to exploit inefficiencies.

• Why It's Not Gambling:
  Gambling relies on pure chance or unfavorable odds (e.g., the house always wins). In trading, a well-researched edge tips the probability in your favor.

2. Trading Involves Calculated Risks

• What It Means:
  Every trade involves assessing how much you're willing to lose relative to the potential gain. Risk management ensures no single trade can wipe you out.

• Why It's Not Gambling:
  In gambling, you often bet more than you can afford to lose. In trading, calculated risks are taken with predefined stop-losses and position sizing to minimize potential damage.

3. Trading is an Emotional Fight

• What It Means:
  Success in trading depends on mastering your emotions—fear, greed, impatience, and overconfidence can destroy even the best strategies.

• Why It's Not Gambling:
  Gambling thrives on emotional highs and lows. Trading requires emotional discipline, where decisions are based on logic and planning, not impulse.

4. Trading Demands Consistency

• What It Means:
  Successful trading isn't about a single big win—it's about executing your strategy consistently over hundreds or thousands of trades.

• Why It's Not Gambling:
  Gambling often relies on luck and one-off results. Trading builds wealth through steady, disciplined application of a proven system.

5. Trading Focuses on Long-Term Goals

• What It Means:
  Traders work towards sustainable growth over months and years, prioritizing capital preservation and compounding profits.

• Why It's Not Gambling:
  Gamblers often aim for immediate gratification, while traders take a marathon approach, understanding that success is built gradually.

6. Trading Requires Countless Hours of Practice

• What It Means:
  Traders spend countless hours backtesting strategies, studying market behavior, and improving their skills.

• Why It's Not Gambling:
  Gambling involves minimal preparation or reliance on skill, whereas trading is a craft honed through continuous learning and refinement.

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Key Differences Between Trading and Gambling

| Aspect | Trading | Gambling | |------------------------|-----------------------------------------|-----------------------------| | Control | Follows a defined plan | Relies on chance | | Risk Management | Uses stop-losses and proper sizing | All-in mentality | | Skill vs. Luck | Based on skill and strategy | Primarily luck | | Timeframe | Focused on long-term growth | Instant gratification | | Emotional Approach | Requires discipline | Driven by highs and lows |

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Final Thoughts: Trading is a Profession, Not a Bet

The idea that trading is gambling stems from a lack of knowledge about what trading truly entails. While both involve risk, trading is a calculated, skill-based profession that rewards preparation, discipline, and consistency. Gambling, on the other hand, is a game of chance with the odds stacked against you.

If you want to succeed as a trader, focus on building edges, managing risk, and staying consistent over the long term. These principles separate professionals from gamblers—and turn trading into a sustainable path to financial growth.

Remember: It's not about luck. It's about skill.

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